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
₽ 152000
per

Your estimated
City
free-cash

Dresden , Germany
₽45964
₽57191
₽51381
₽67889
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
152 000
trade
-
-
-
16 508
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.

-
-
-
44 014
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.

-
-
-
6 934
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
-
-
-
69 877
Employee

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

38 820
-
152 000
-
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.

6 934
-
6 934
-
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.

60
-
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.

1 084
-
44 014
-
total
8 078
-
53 369
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
113 180
152 000
-
-
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.

934
1 254
-
-
income
16 976
22 801
-
-
trade
17 826
23 941
-
-
chamber of commerce
316
372
-
-
total
36 052
48 368
-
-
Dividends
77 128
103 633
-
-
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.

1 040
1 404
-
-
withholding
18 897
25 522
-
-
total
19 937
26 926
-
-
Income
152 000
152 000
152 000
152 000
Total tax
64 067
75 294
53 369
69 877
After tax
87 933
76 706
98 631
82 123
Living cost
30 742
30 742
30 742
30 742
Free-cash
57 191
45 964
67 889
51 381

Estimated living cost  is ₽30742 per week

₽19338
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3584
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.
₽7246
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽43700
₽42849
₽38988
₽40181
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
152 000
municipal
-
-
-
16 469
pensions
-
-
-
18 240
national
-
-
-
25 521
social contributions
-
-
-
1 634
total
-
-
-
61 864
Employee
79 289
-
131 403
-
municipal
9 793
-
17 058
-
pensions
3 172
-
5 256
-
national
15 176
-
26 432
-
total
28 141
-
48 746
-
Employer
79 289
-
131 403
-
social contributions
852
-
1 413
-
pensions
6 343
-
10 512
-
total
7 195
-
11 925
-
Corporate
60 283
152 000
-
-
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%.

12 057
30 400
-
-
total
12 057
30 400
-
-
Dividends
48 226
121 600
-
-
withholding
10 610
26 752
-
-
total
10 610
26 752
-
-
Income
152 000
152 000
152 000
152 000
Total tax
58 003
57 152
60 671
61 864
After tax
93 997
94 848
91 329
90 136
Living cost
51 148
51 148
51 148
51 148
Free-cash
42 849
43 700
40 181
38 988

Estimated living cost  is ₽51148 per week

₽34765
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4755
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽766
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10863
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽100484
₽92159
₽28379
₽71462
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
152 000
microenterprise
-
-
-
-
income
-
-
-
24 859
surtax
-
-
-
38 760
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.

-
-
-
38 887
total
-
-
-
102 506
Employee
29 657
-
109 030
-
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.

3 263
-
11 994
-
surtax
-
-
-
-
income
5 279
-
21 163
-
total
8 542
-
33 157
-
Employer
29 657
-
109 030
-
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.

7 144
-
26 266
-
surtax
-
-
-
-
total
7 144
-
26 266
-
Corporate
115 199
152 000
-
-
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%.

23 040
30 401
-
-
total
23 040
30 401
-
-
Dividends

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

92 159
121 599
-
-
total
-
-
-
-
Income
152 000
152 000
152 000
152 000
Total tax
38 726
30 401
59 423
102 506
After tax
113 274
121 599
92 577
49 494
Living cost
21 115
21 115
21 115
21 115
Free-cash
92 159
100 484
71 462
28 379

Estimated living cost  is ₽21115 per week

₽13471
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2011
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.
₽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 Riga model

Close
Rotterdam , Netherlands
₽32338
₽26119
₽43263
₽49541
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
152 000
income
-
-
-
41 812
pensions
-
-
-
11 891
health
-
-
-
12 516
total
-
-
-
66 219
Employee
86 673
86 673
133 138
-
health
13 303
11 316
12 516
-
income

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

14 187
14 187
16 672
-
pensions
15 601
11 891
11 891
-
total
43 091
37 394
41 079
-
Employer
86 673
86 673
133 138
-
unemployment
3 120
3 120
3 877
-
pensions
6 032
6 032
7 498
-
health
6 025
6 025
7 487
-
total
15 177
15 177
18 862
-
Corporate
51 213
50 150
-
-
income
10 243
10 031
-
-
total
10 243
10 031
-
-
Dividends
40 970
40 119
-
-
income
8 706
8 525
-
-
withholding
6 146
6 017
-
-
total
14 852
14 542
-
-
Income
152 000
152 000
152 000
152 000
Total tax
83 363
77 144
59 941
66 219
After tax
68 637
74 856
92 059
85 781
Living cost
42 518
42 518
42 518
42 518
Free-cash
26 119
32 338
49 541
43 263

Estimated living cost  is ₽42518 per week

₽30131
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3833
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽676
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7878
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽43854
₽42976
₽40197
₽39247
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
152 000
municipal
-
-
-
37 916
accident
-
-
-
171
pensions
-
-
-
9 272
other
-
-
-
9 967
unemployment
-
-
-
86
health
-
-
-
5 352
national
-
-
-
9 901
total
-
-
-
72 665
Employee
55 768
-
125 049
-
municipal
16 630
-
37 290
-
national
-
-
9 376
-
total
16 630
-
46 666
-
Employer
55 768
-
125 049
-
accident
112
-
171
-
other
6 480
-
9 967
-
unemployment
1 472
-
2 264
-
pensions
6 028
-
9 272
-
health
3 430
-
5 275
-
total
17 522
-
26 949
-
Corporate
78 710
152 000
-
-
income
17 316
33 440
-
-
total
17 316
33 440
-
-
Dividends
61 394
118 560
-
-
withholding
18 418
35 568
-
-
total
18 418
35 568
-
-
Income
152 000
152 000
152 000
152 000
Total tax
69 886
69 008
73 615
72 665
After tax
82 114
82 992
78 385
79 335
Living cost
39 138
39 138
39 138
39 138
Free-cash
42 976
43 854
39 247
40 197

Estimated living cost  is ₽39138 per week

₽25939
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3841
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽594
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8764
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽36055
₽50316
₽41518
₽58760
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
152 000
trade
-
-
-
17 242
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.

-
-
-
44 014
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.

-
-
-
6 934
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
-
-
-
70 611
Employee

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

51 470
-
152 000
-
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.

6 934
-
6 934
-
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.

243
-
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.

4 422
-
44 014
-
total
11 599
-
53 369
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
100 530
152 000
-
-
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.

830
1 254
-
-
income
15 079
22 801
-
-
trade
16 537
25 004
-
-
chamber of commerce
297
370
-
-
total
32 743
49 429
-
-
Dividends
67 787
102 572
-
-
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
1 389
-
-
withholding
16 560
25 256
-
-
total
17 471
26 645
-
-
Income
152 000
152 000
152 000
152 000
Total tax
61 813
76 074
53 369
70 611
After tax
90 187
75 926
98 631
81 389
Living cost
39 871
39 871
39 871
39 871
Free-cash
50 316
36 055
58 760
41 518

Estimated living cost  is ₽39871 per week

₽26666
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4205
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽595
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8405
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽78051
₽73844
₽72313
₽70903
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
152 000
income
-
-
-
26 470
health
-
-
-
3 875
social contributions
-
-
-
16 422
total
-
-
-
46 767
Employee
78 045
78 045
140 661
-
social contributions
3 792
6 477
8 737
-
health
776
1 327
2 392
-
income
8 195
7 225
25 709
-
total
12 763
15 029
36 838
-
Employer
78 045
78 045
140 661
-
social contributions
3 792
6 477
8 737
-
health
846
1 445
2 602
-
total
4 638
7 922
11 339
-
Corporate
101 678
66 033
-
-
income
12 710
8 255
-
-
total
12 710
8 255
-
-
Dividends
88 968
57 778
-
-
withholding
15 125
9 823
-
-
total
15 125
9 823
-
-
Income
152 000
152 000
152 000
152 000
Total tax
45 236
41 029
48 177
46 767
After tax
106 764
110 971
103 823
105 233
Living cost
32 920
32 920
32 920
32 920
Free-cash
73 844
78 051
70 903
72 313

Estimated living cost  is ₽32920 per week

₽22504
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2571
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽553
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7292
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽66964
₽67349
₽86819
₽69636
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
152 000
income
-
-
-
18 582
pensions
-
-
-
15 200
unemployment
-
-
-
2 280
health
-
-
-
10 640
total
-
-
-
46 702
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.

26 675
10 616
127 197
-
health
1 867
743
8 904
-
income
3 261
1 298
15 550
-
pensions
2 667
1 062
12 720
-
unemployment
400
159
1 908
-
total
8 195
3 262
39 082
-
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.

26 675
10 616
127 197
-
pensions
5 202
2 070
24 803
-
total
5 202
2 070
24 803
-
Corporate
120 124
139 314
-
-
income
10 811
12 538
-
-
total
10 811
12 538
-
-
Dividends
109 313
126 775
-
-
social contributions
21 195
24 600
-
-
withholding
20 769
24 087
-
-
total
41 964
48 687
-
-
Income
152 000
152 000
152 000
152 000
Total tax
66 172
66 557
63 885
46 702
After tax
85 828
85 443
88 115
105 298
Living cost
18 479
18 479
18 479
18 479
Free-cash
67 349
66 964
69 636
86 819

Estimated living cost  is ₽18479 per week

₽12610
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1512
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽369
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3988
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽97084
₽90780
₽56957
₽63093
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
152 000
income
-
-
-
20 368
pensions
-
-
-
30 401
health
-
-
-
19 759
total
-
-
-
70 528
Employee
28 793
-
113 602
-
income
3 242
-
21 903
-
pensions
576
-
2 273
-
unemployment
460
-
1 818
-
total
4 278
-
25 994
-
Employer
28 793
-
113 602
-
unemployment
231
-
909
-
pensions
5 759
-
22 720
-
health
3 742
-
14 769
-
total
9 732
-
38 398
-
Corporate
113 475
152 000
-
-
income
22 695
30 401
-
-
total
22 695
30 401
-
-
Dividends
90 780
121 599
-
-
total
-
-
-
-
Income
152 000
152 000
152 000
152 000
Total tax
36 705
30 401
64 392
70 528
After tax
115 295
121 599
87 608
81 472
Living cost
24 515
24 515
24 515
24 515
Free-cash
90 780
97 084
63 093
56 957

Estimated living cost  is ₽24515 per week

₽16815
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1460
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽493
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5747
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽9805
₽8919
₽81881
₽59565
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
152 000
accident
-
-
-
254
income
-
-
-
41 000
pensions
-
-
-
4 183
other
-
-
-
373
health
-
-
-
2 192
total
-
-
-
48 002
Employee
34 791
-
135 348
-
health
3 984
-
15 497
-
income
4 773
-
30 499
-
pensions
3 918
-
7 670
-
total
12 675
-
53 666
-
Employer
34 791
-
135 348
-
accident
581
-
2 260
-
unemployment
852
-
3 316
-
pensions
5 657
-
11 076
-
total
7 090
-
16 652
-
Corporate
110 119
152 000
-
-
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.

99 107
136 800
-
-
total
99 107
136 800
-
-
Dividends
11 012
15 200
-
-
withholding
2 092
2 888
-
-
total
2 092
2 888
-
-
Income
152 000
152 000
152 000
152 000
Total tax
120 964
139 688
70 318
48 002
After tax
31 036
12 312
81 682
103 998
Living cost
22 117
22 117
22 117
22 117
Free-cash
8 919
-9 805
59 565
81 881

Estimated living cost  is ₽22117 per week

₽16210
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1225
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽462
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4221
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽135140
₽133404
₽141220
₽112340
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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%.

-
-
-
152 000
microenterprise

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

-
-
-
1 520
total
-
-
-
1 520
Employee
11 575
-
152 000
-
income
2 315
-
30 400
-
total
2 315
-
30 400
-
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%.

140 425
152 000
-
-
total
-
-
-
-
Dividends
140 425
152 000
-
-
withholding
7 021
7 600
-
-
total
7 021
7 600
-
-
Income
152 000
152 000
152 000
152 000
Total tax
9 336
7 600
30 400
1 520
After tax
142 664
144 400
121 600
150 480
Living cost
9 260
9 260
9 260
9 260
Free-cash
133 404
135 140
112 340
141 220

Estimated living cost  is ₽9260 per week

₽5739
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽770
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽255
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2497
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽84630
₽77778
₽53460
₽59747
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
152 000
income
-
-
-
21 108
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.

-
-
-
36 480
other
-
-
-
7 221
health
-
-
-
6 687
total
-
-
-
71 496
Employee
36 852
-
121 406
-
health
516
-
1 699
-
income
6 344
-
23 205
-
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.

2 579
-
8 498
-
unemployment
368
-
1 213
-
total
9 807
-
34 615
-
Employer
36 852
-
121 406
-
accident
295
-
971
-
other
1 843
-
6 071
-
unemployment
368
-
1 213
-
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.

6 265
-
20 640
-
health
516
-
1 699
-
total
9 287
-
30 594
-
Corporate
105 861
152 000
-
-
income
22 231
31 921
-
-
total
22 231
31 921
-
-
Dividends
83 630
120 079
-
-
withholding
5 853
8 405
-
-
total
5 853
8 405
-
-
Income
152 000
152 000
152 000
152 000
Total tax
47 178
40 326
65 209
71 496
After tax
104 822
111 674
86 791
80 504
Living cost
27 044
27 044
27 044
27 044
Free-cash
77 778
84 630
59 747
53 460

Estimated living cost  is ₽27044 per week

₽19108
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1826
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽435
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5674
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽34070
₽31331
₽34439
₽20523
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
152 000
income
-
-
-
40 427
pensions
-
-
-
8 645
total
-
-
-
49 072
Employee
96 902
-
133 044
-
health
1 597
-
2 039
-
income
17 468
-
31 151
-
pensions
9 348
-
10 842
-
total
28 413
-
44 032
-
Employer
96 902
-
133 044
-
pensions
11 441
-
16 428
-
health
1 840
-
2 528
-
total
13 281
-
18 956
-
Corporate
41 816
152 000
-
-
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.

7 946
28 880
-
-
total
7 946
28 880
-
-
Dividends
33 871
123 120
-
-
withholding
2 540
20 561
-
-
total
2 540
20 561
-
-
Income
152 000
152 000
152 000
152 000
Total tax
52 180
49 441
62 988
49 072
After tax
99 820
102 559
89 012
102 928
Living cost
68 489
68 489
68 489
68 489
Free-cash
31 331
34 070
20 523
34 439

Estimated living cost  is ₽68489 per week

₽51320
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽8047
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽557
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8566
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽116647
₽111930
₽106417
₽112090
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
152 000
income
-
-
-
22 800
pensions

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

-
-
-
5 249
unemployment
-
-
-
142
health
-
-
-
4 079
total
-
-
-
32 270
Employee
17 628
-
145 042
-
health
811
-
1 631
-
accident

We are using the highest rate at 1.1%.

194
-
390
-
income
1 763
-
14 504
-
pensions

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

1 548
-
3 114
-
total
4 316
-
19 639
-
Employer
17 628
-
145 042
-
accident

We are using the highest rate at 1.1%.

194
-
390
-
unemployment
105
-
213
-
pensions

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

1 943
-
3 908
-
health
1 217
-
2 447
-
total
3 459
-
6 958
-
Corporate
130 913
152 000
-
-
income
13 091
15 200
-
-
total
13 091
15 200
-
-
Dividends
117 822
136 800
-
-
withholding
5 891
6 840
-
-
total
5 891
6 840
-
-
Income
152 000
152 000
152 000
152 000
Total tax
26 757
22 040
26 597
32 270
After tax
125 243
129 960
125 403
119 730
Living cost
13 313
13 313
13 313
13 313
Free-cash
111 930
116 647
112 090
106 417

Estimated living cost  is ₽13313 per week

₽7772
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽951
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽353
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4237
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽18575
₽21127
₽29500
₽35778
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
152 000
income
-
-
-
41 812
pensions
-
-
-
11 891
health
-
-
-
12 516
total
-
-
-
66 219
Employee
94 099
86 673
133 138
-
health
11 739
11 316
12 516
-
income

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

14 187
14 187
16 672
-
pensions
11 891
11 891
11 891
-
total
37 817
37 394
41 079
-
Employer
94 099
86 673
133 138
-
unemployment
3 388
3 120
3 877
-
pensions
6 549
6 032
7 498
-
health
6 539
6 025
7 487
-
total
16 476
15 177
18 862
-
Corporate
41 426
50 150
-
-
income
8 286
10 031
-
-
total
8 286
10 031
-
-
Dividends
33 140
40 119
-
-
income
7 042
8 525
-
-
withholding
4 971
6 017
-
-
total
12 013
14 542
-
-
Income
152 000
152 000
152 000
152 000
Total tax
74 592
77 144
59 941
66 219
After tax
77 408
74 856
92 059
85 781
Living cost
56 281
56 281
56 281
56 281
Free-cash
21 127
18 575
35 778
29 500

Estimated living cost  is ₽56281 per week

₽41516
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽5027
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽645
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9093
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽80321
₽71642
₽57667
₽52804
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
152 000
income
-
-
-
14 470
health
-
-
-
20 520
solidarity contribution
-
-
-
-
social contributions
-
-
-
35 012
total
-
-
-
70 002
Employee
35 781
-
113 433
-
social contributions
2 326
-
7 373
-
health
4 830
-
15 313
-
solidarity contribution
-
-
-
-
income
4 294
-
13 612
-
total
11 450
-
36 298
-
Employer
35 781
-
113 433
-
social contributions
8 945
-
28 358
-
health
3 220
-
10 209
-
total
12 165
-
38 567
-
Corporate
104 053
152 000
-
-
income
19 770
28 880
-
-
total
19 770
28 880
-
-
Dividends
84 283
123 120
-
-
withholding
12 642
18 468
-
-
total
12 642
18 468
-
-
Income
152 000
152 000
152 000
152 000
Total tax
56 027
47 348
74 865
70 002
After tax
95 973
104 652
77 135
81 998
Living cost
24 331
24 331
24 331
24 331
Free-cash
71 642
80 321
52 804
57 667

Estimated living cost  is ₽24331 per week

₽16901
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1731
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽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.
₽5221
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽38271
₽32972
₽31383
₽24362
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
152 000
municipal
-
-
-
903
regional
-
-
-
1 767
national
-
-
-
36 025
social contributions
-
-
-
39 095
total
-
-
-
77 790
Employee
90 203
-
152 000
-
social contributions
30 416
-
51 254
-
regional
851
-
1 556
-
municipal
478
-
805
-
national
15 630
-
31 196
-
total
47 375
-
84 811
-
Employer
90 203
-
152 000
-
total
-
-
-
-
Corporate
61 797
152 000
-
-
nationa
14 831
36 480
-
-
municipal
2 410
5 928
-
-
total
17 241
42 408
-
-
Dividends
44 557
109 592
-
-
withholding
11 585
28 494
-
-
total
11 585
28 494
-
-
Income
152 000
152 000
152 000
152 000
Total tax
76 201
70 902
84 811
77 790
After tax
75 799
81 098
67 189
74 210
Living cost
42 827
42 827
42 827
42 827
Free-cash
32 972
38 271
24 362
31 383

Estimated living cost  is ₽42827 per week

₽29854
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2808
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽657
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9507
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽73210
₽70055
₽49735
₽45074
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
152 000
income
-
-
-
37 523
pensions
-
-
-
27 092
other
-
-
-
-
unemployment
-
-
-
231
health
-
-
-
9 617
surtax
-
-
-
5 405
total
-
-
-
79 868
Employee
33 564
-
125 569
-
other
-
-
-
-
health
857
-
3 203
-
surtax
110
-
4 669
-
income
5 626
-
33 111
-
pensions
2 238
-
8 375
-
unemployment
2 336
-
8 740
-
total
11 167
-
58 098
-
Employer
33 564
-
125 569
-
other
-
-
-
-
unemployment
1 063
-
3 981
-
pensions
4 474
-
16 737
-
health
1 527
-
5 713
-
total
7 064
-
26 431
-
Corporate
111 371
152 000
-
-
income
28 956
39 521
-
-
total
28 956
39 521
-
-
Dividends
82 415
112 479
-
-
withholding
12 361
16 872
-
-
total
12 361
16 872
-
-
Income
152 000
152 000
152 000
152 000
Total tax
59 548
56 393
84 529
79 868
After tax
92 452
95 607
67 471
72 132
Living cost
22 397
22 397
22 397
22 397
Free-cash
70 055
73 210
45 074
49 735

Estimated living cost  is ₽22397 per week

₽13694
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2067
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽516
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6119
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽55769
₽59038
₽56138
₽42222
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
152 000
income
-
-
-
40 427
pensions
-
-
-
8 645
total
-
-
-
49 072
Employee
64 941
-
133 044
-
health
943
-
2 039
-
income
11 696
-
31 151
-
pensions
5 512
-
10 842
-
total
18 151
-
44 032
-
Employer
64 941
-
133 044
-
pensions
7 030
-
16 428
-
health
1 234
-
2 528
-
total
8 264
-
18 956
-
Corporate
78 795
152 000
-
-
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.

14 971
28 880
-
-
total
14 971
28 880
-
-
Dividends
63 824
123 120
-
-
withholding
4 786
20 561
-
-
total
4 786
20 561
-
-
Income
152 000
152 000
152 000
152 000
Total tax
46 172
49 441
62 988
49 072
After tax
105 828
102 559
89 012
102 928
Living cost
46 790
46 790
46 790
46 790
Free-cash
59 038
55 769
42 222
56 138

Estimated living cost  is ₽46790 per week

₽35055
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3507
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽489
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7738
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽7836
₽25256
₽46943
₽39555
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
152 000
city
-
-
-
1 603
pensions
-
-
-
13 983
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.

-
-
-
3 039
regional
-
-
-
6 849
health
-
-
-
342
national
-
-
-
1 899
total
-
-
-
27 715
Employee
90 510
-
136 049
-
city
971
-
1 462
-
regional
2 964
-
5 904
-
health
205
-
306
-
pensions
7 604
-
11 428
-
unemployment
-
-
-
-
national
428
-
1 548
-
total
12 172
-
20 648
-
Employer
90 510
-
136 049
-
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.

1 810
-
2 721
-
unemployment
-
-
-
-
pensions
7 604
-
11 428
-
health
205
-
306
-
total
9 619
-
14 455
-
Corporate
50 876
152 000
-
-
regional
10 761
32 148
-
-
national
4 324
12 920
-
-
total
15 085
45 068
-
-
Dividends
35 791
106 932
-
-
withholding
12 526
37 426
-
-
total
12 526
37 426
-
-
Income
152 000
152 000
152 000
152 000
Total tax
49 402
82 494
35 103
27 715
After tax
102 598
69 506
116 897
124 285
Living cost
77 342
77 342
77 342
77 342
Free-cash
25 256
-7 836
39 555
46 943

Estimated living cost  is ₽77342 per week

₽50295
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽6941
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽950
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽19157
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽28647
₽45107
₽34160
₽52136
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
152 000
trade
-
-
-
17 976
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.

-
-
-
44 014
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.

-
-
-
6 934
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
-
-
-
71 345
Employee

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

60 997
-
152 000
-
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.

6 934
-
6 934
-
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.

395
-
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.

7 173
-
44 014
-
total
14 502
-
53 369
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
91 003
152 000
-
-
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
1 254
-
-
income
13 650
22 801
-
-
trade
15 607
26 067
-
-
chamber of commerce
283
368
-
-
total
30 291
50 490
-
-
Dividends
60 712
101 510
-
-
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.

813
1 375
-
-
withholding
14 792
24 993
-
-
total
15 605
26 368
-
-
Income
152 000
152 000
152 000
152 000
Total tax
60 398
76 858
53 369
71 345
After tax
91 602
75 142
98 631
80 655
Living cost
46 495
46 495
46 495
46 495
Free-cash
45 107
28 647
52 136
34 160

Estimated living cost  is ₽46495 per week

₽33958
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3719
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽605
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8215
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽41884
₽47881
₽51366
₽51800
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
152 000
income
-
-
-
21 619
pensions
-
-
-
29 656
other
-
-
-
4 711
health
-
-
-
5 591
surtax
-
-
-
-
social contributions
-
-
-
4 332
total
-
-
-
65 909
Employee
43 438
-
119 274
-
social contributions
1 238
-
3 398
-
surtax
-
-
-
-
income
2 564
-
21 737
-
pensions
4 911
-
7 614
-
total
8 713
-
32 749
-
Employer
43 438
-
119 274
-
other
1 498
-
4 363
-
social contributions
131
-
358
-
unemployment
1 758
-
4 831
-
pensions
7 136
-
12 942
-
health
3 041
-
10 232
-
total
13 564
-
32 726
-
Corporate
94 996
152 000
-
-
surtax
-
-
-
-
income
26 599
42 560
-
-
total
26 599
42 560
-
-
Dividends
68 398
109 440
-
-
surtax
-
-
-
-
social contributions
11 764
18 823
-
-
withholding
8 754
14 008
-
-
total
20 518
32 831
-
-
Income
152 000
152 000
152 000
152 000
Total tax
69 394
75 391
65 475
65 909
After tax
82 606
76 609
86 525
86 091
Living cost
34 725
34 725
34 725
34 725
Free-cash
47 881
41 884
51 800
51 366

Estimated living cost  is ₽34725 per week

₽21895
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2824
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽591
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9417
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽45325
₽50963
₽54807
₽55241
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
152 000
income
-
-
-
21 619
pensions
-
-
-
29 656
other
-
-
-
4 711
health
-
-
-
5 591
surtax
-
-
-
-
social contributions
-
-
-
4 332
total
-
-
-
65 909
Employee
38 775
-
119 274
-
social contributions
1 106
-
3 398
-
surtax
-
-
-
-
income
1 999
-
21 737
-
pensions
4 386
-
7 614
-
total
7 491
-
32 749
-
Employer
38 775
-
119 274
-
other
1 339
-
4 363
-
social contributions
116
-
358
-
unemployment
1 570
-
4 831
-
pensions
6 371
-
12 942
-
health
2 714
-
10 232
-
total
12 110
-
32 726
-
Corporate
101 116
152 000
-
-
surtax
-
-
-
-
income
28 313
42 560
-
-
total
28 313
42 560
-
-
Dividends
72 803
109 440
-
-
surtax
-
-
-
-
social contributions
12 521
18 823
-
-
withholding
9 318
14 008
-
-
total
21 839
32 831
-
-
Income
152 000
152 000
152 000
152 000
Total tax
69 753
75 391
65 475
65 909
After tax
82 247
76 609
86 525
86 091
Living cost
31 284
31 284
31 284
31 284
Free-cash
50 963
45 325
55 241
54 807

Estimated living cost  is ₽31284 per week

₽18143
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3178
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽593
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9370
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽71212
₽71736
₽76091
₽73743
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
152 000
income
-
-
-
22 801
health
-
-
-
10 609
social contributions
-
-
-
20 977
total
-
-
-
54 387
Employee
34 413
-
152 000
-
social contributions
4 750
-
20 977
-
health
2 402
-
10 609
-
income
5 740
-
25 149
-
total
12 892
-
56 735
-
Employer
34 413
-
152 000
-
total
-
-
-
-
Corporate
117 587
152 000
-
-
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%.

5 880
7 600
-
-
total
5 880
7 600
-
-
Dividends
111 707
144 400
-
-
health
7 797
10 079
-
-
social contributions
15 416
19 927
-
-
withholding
16 757
21 660
-
-
total
39 970
51 666
-
-
Income
152 000
152 000
152 000
152 000
Total tax
58 742
59 266
56 735
54 387
After tax
93 258
92 734
95 265
97 613
Living cost
21 522
21 522
21 522
21 522
Free-cash
71 736
71 212
73 743
76 091

Estimated living cost  is ₽21522 per week

₽14403
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1327
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽495
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5295
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽48597
₽47022
₽42128
₽3852
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
152 000
chamber of commerce
-
-
-
609
income
-
-
-
36 069
pensions
-
-
-
21 936
unemployment
-
-
-
6 225
health
-
-
-
9 070
surtax
-
-
-
200
total
-
-
-
74 109
Employee
50 723
40 447
117 874
-
other
507
404
1 179
-
health
1 963
1 566
4 561
-
income
5 774
2 983
28 407
-
pensions
5 195
4 141
12 071
-
unemployment
1 522
1 213
3 536
-
total
14 961
10 307
49 754
-
Employer
50 723
40 447
117 874
-
accident
659
526
1 533
-
other
2 410
1 920
5 599
-
chamber of commerce
202
162
472
-
unemployment
1 522
1 213
3 536
-
surtax
200
200
200
-
pensions
6 366
5 077
14 794
-
payroll
1 522
1 213
3 536
-
health
1 916
1 529
4 455
-
total
14 797
11 840
34 125
-
Corporate
86 481
99 711
114 022
-
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.

21 620
24 927
28 506
-
total
21 620
24 927
28 506
-
Dividends
64 861
74 784
-
-
withholding
17 837
20 566
-
-
total
17 837
20 566
-
-
Income
152 000
152 000
152 000
152 000
Total tax
69 215
67 640
112 385
74 109
After tax
82 785
84 360
39 615
77 891
Living cost
35 763
35 763
35 763
35 763
Free-cash
47 022
48 597
3 852
42 128

Estimated living cost  is ₽35763 per week

₽23852
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3051
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.
₽8272
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽48057
₽32836
₽29403
₽18003
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
152 000
national
-
-
-
54 145
communal

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

-
-
-
7 695
social contributions
-
-
-
23 751
total
-
-
-
85 591
Employee

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

72 600
-
117 730
-
communal

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

3 787
-
6 140
-
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.

3 411
-
5 534
-
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.

5 445
-
8 829
-
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.

632
-
1 025
-
national
22 320
-
41 193
-
total
35 595
-
62 721
-
Employer

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

72 600
-
117 730
-
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.

944
-
1 529
-
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.

1 059
-
1 718
-
surtax
8 232
-
13 351
-
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.

6 433
-
10 432
-
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.

4 465
-
7 240
-
total
21 133
-
34 270
-
Corporate
58 267
152 000
-
-
surtax
233
609
-
-
income
11 653
30 401
-
-
total
11 886
31 010
-
-
Dividends
46 382
120 990
-
-
withholding

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

13 544
35 927
-
-
total
13 544
35 927
-
-
Income
152 000
152 000
152 000
152 000
Total tax
82 158
66 937
96 991
85 591
After tax
69 842
85 063
55 009
66 409
Living cost
37 006
37 006
37 006
37 006
Free-cash
32 836
48 057
18 003
29 403

Estimated living cost  is ₽37006 per week

₽23837
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3236
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽580
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9355
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽64987
₽57559
₽48949
₽44691
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
152 000
accident
-
-
-
847
income
-
-
-
38 175
pensions
-
-
-
26 622
other
-
-
-
94
unemployment
-
-
-
659
total
-
-
-
66 397
Employee
50 522
-
122 009
-
other
50
-
94
-
income
10 660
-
34 691
-
pensions
2 375
-
4 422
-
unemployment
784
-
1 458
-
total
13 869
-
40 665
-
Employer
50 522
-
122 009
-
accident
1 000
-
1 862
-
other
403
-
753
-
unemployment
2 779
-
5 173
-
pensions
11 922
-
22 202
-
total
16 104
-
29 990
-
Corporate
85 374
152 000
-
-
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.

12 806
22 801
-
-
total
12 806
22 801
-
-
Dividends
72 568
129 199
-
-
withholding
15 008
27 558
-
-
total
15 008
27 558
-
-
Income
152 000
152 000
152 000
152 000
Total tax
57 787
50 359
70 655
66 397
After tax
94 213
101 641
81 345
85 603
Living cost
36 654
36 654
36 654
36 654
Free-cash
57 559
64 987
44 691
48 949

Estimated living cost  is ₽36654 per week

₽26992
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2600
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽528
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6533
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽35250
₽23656
₽22991
₽29054
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
152 000
accident
-
-
-
1 281
income
-
-
-
21 966
pensions
-
-
-
22 783
health
-
-
-
10 680
surtax
-
-
-
7 535
communal
-
-
-
9 607
total
-
-
-
73 852
Employee
76 861
-
135 775
-
health
3 421
-
6 042
-
surtax
4 711
-
8 321
-
income
7 424
-
26 342
-
pensions
6 148
-
10 861
-
total
21 704
-
51 566
-
Employer
76 861
-
135 775
-
accident
691
-
1 221
-
pensions
6 148
-
10 861
-
health
2 344
-
4 141
-
total
9 183
-
16 223
-
Corporate
65 955
152 000
-
-
surtax
693
1 597
-
-
communal
4 451
10 260
-
-
income
9 894
22 801
-
-
total
15 038
34 658
-
-
Dividends
50 917
117 342
-
-
income
19 625
9 333
-
-
withholding
7 637
17 602
-
-
total
27 262
26 935
-
-
Income
152 000
152 000
152 000
152 000
Total tax
73 187
61 593
67 789
73 852
After tax
78 813
90 407
84 211
78 148
Living cost
55 157
55 157
55 157
55 157
Free-cash
23 656
35 250
29 054
22 991

Estimated living cost  is ₽55157 per week

₽41376
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3342
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽584
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9854
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽72810
₽69584
₽49335
₽44674
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
152 000
income
-
-
-
37 523
pensions
-
-
-
27 092
other
-
-
-
-
unemployment
-
-
-
231
health
-
-
-
9 617
surtax
-
-
-
5 405
total
-
-
-
79 868
Employee
34 180
-
125 569
-
other
-
-
-
-
health
873
-
3 203
-
surtax
121
-
4 669
-
income
5 730
-
33 111
-
pensions
2 280
-
8 375
-
unemployment
2 379
-
8 740
-
total
11 383
-
58 098
-
Employer
34 180
-
125 569
-
other
-
-
-
-
unemployment
1 084
-
3 981
-
pensions
4 557
-
16 737
-
health
1 554
-
5 713
-
total
7 195
-
26 431
-
Corporate
110 624
152 000
-
-
income
28 762
39 521
-
-
total
28 762
39 521
-
-
Dividends
81 862
112 479
-
-
withholding
12 279
16 872
-
-
total
12 279
16 872
-
-
Income
152 000
152 000
152 000
152 000
Total tax
59 619
56 393
84 529
79 868
After tax
92 381
95 607
67 471
72 132
Living cost
22 797
22 797
22 797
22 797
Free-cash
69 584
72 810
44 674
49 335

Estimated living cost  is ₽22797 per week

₽13764
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1982
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽530
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6524
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽52555
₽50300
₽46345
₽39360
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
152 000
municipal
-
-
-
903
regional
-
-
-
2 291
national
-
-
-
36 025
social contributions
-
-
-
39 095
total
-
-
-
78 314
Employee
56 301
-
152 000
-
social contributions
18 985
-
51 254
-
regional
758
-
2 044
-
municipal
299
-
805
-
national
8 920
-
31 196
-
total
28 962
-
85 299
-
Employer
56 301
-
152 000
-
total
-
-
-
-
Corporate
95 699
152 000
-
-
nationa
22 968
36 480
-
-
municipal
4 755
7 554
-
-
total
27 723
44 034
-
-
Dividends
67 976
107 966
-
-
withholding
17 674
28 070
-
-
total
17 674
28 070
-
-
Income
152 000
152 000
152 000
152 000
Total tax
74 359
72 104
85 299
78 314
After tax
77 641
79 896
66 701
73 686
Living cost
27 341
27 341
27 341
27 341
Free-cash
50 300
52 555
39 360
46 345

Estimated living cost  is ₽27341 per week

₽17003
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2770
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽468
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7099
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽74670
₽63975
₽52016
₽47153
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
152 000
income
-
-
-
14 470
health
-
-
-
20 520
solidarity contribution
-
-
-
-
social contributions
-
-
-
35 012
total
-
-
-
70 002
Employee
44 092
-
113 433
-
social contributions
2 866
-
7 373
-
health
5 952
-
15 313
-
solidarity contribution
-
-
-
-
income
5 291
-
13 612
-
total
14 109
-
36 298
-
Employer
44 092
-
113 433
-
social contributions
11 023
-
28 358
-
health
3 968
-
10 209
-
total
14 991
-
38 567
-
Corporate
92 917
152 000
-
-
income
17 654
28 880
-
-
total
17 654
28 880
-
-
Dividends
75 263
123 120
-
-
withholding
11 289
18 468
-
-
total
11 289
18 468
-
-
Income
152 000
152 000
152 000
152 000
Total tax
58 043
47 348
74 865
70 002
After tax
93 957
104 652
77 135
81 998
Living cost
29 982
29 982
29 982
29 982
Free-cash
63 975
74 670
47 153
52 016

Estimated living cost  is ₽29982 per week

₽22297
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1661
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽519
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5506
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽52088
₽51582
₽45710
₽7270
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
152 000
chamber of commerce
-
-
-
609
income
-
-
-
36 069
pensions
-
-
-
21 936
unemployment
-
-
-
6 225
health
-
-
-
9 070
surtax
-
-
-
-
total
-
-
-
73 909
Employee
44 366
40 447
118 032
-
other
443
404
1 181
-
health
1 716
1 566
4 569
-
income
3 952
2 983
28 461
-
pensions
4 544
4 141
12 086
-
unemployment
1 331
1 213
3 540
-
total
11 986
10 307
49 837
-
Employer
44 366
40 447
118 032
-
accident
576
526
1 535
-
other
2 107
1 920
5 607
-
chamber of commerce
177
162
472
-
unemployment
1 331
1 213
3 540
-
surtax
-
-
-
-
pensions
5 568
5 077
14 813
-
payroll
1 331
1 213
3 540
-
health
1 678
1 529
4 461
-
total
12 768
11 640
33 968
-
Corporate
94 866
99 912
114 180
-
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.

23 716
24 977
28 544
-
total
23 716
24 977
28 544
-
Dividends
71 150
74 934
-
-
withholding
19 567
20 607
-
-
total
19 567
20 607
-
-
Income
152 000
152 000
152 000
152 000
Total tax
68 037
67 531
112 349
73 909
After tax
83 963
84 469
39 651
78 091
Living cost
32 381
32 381
32 381
32 381
Free-cash
51 582
52 088
7 270
45 710

Estimated living cost  is ₽32381 per week

₽19424
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.
₽9072
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽129969
₽127264
₽136049
₽107170
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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%.

-
-
-
152 000
microenterprise

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

-
-
-
1 520
total
-
-
-
1 520
Employee
18 038
-
152 000
-
income
3 608
-
30 400
-
total
3 608
-
30 400
-
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%.

133 962
152 000
-
-
total
-
-
-
-
Dividends
133 962
152 000
-
-
withholding
6 698
7 600
-
-
total
6 698
7 600
-
-
Income
152 000
152 000
152 000
152 000
Total tax
10 306
7 600
30 400
1 520
After tax
141 694
144 400
121 600
150 480
Living cost
14 430
14 430
14 430
14 430
Free-cash
127 264
129 969
107 170
136 049

Estimated living cost  is ₽14430 per week

₽9765
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽606
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.
₽3575
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽77429
₽68938
₽48375
₽44347
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
152 000
income
-
-
-
33 461
pensions
-
-
-
27 758
unemployment
-
-
-
227
health
-
-
-
14 956
total
-
-
-
76 402
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.

44 881
-
131 522
-
health
2 899
-
8 496
-
income
7 740
-
30 886
-
pensions
6 957
-
20 385
-
unemployment
64
-
185
-
total
17 660
-
59 952
-
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.

44 881
-
131 522
-
unemployment
27
-
79
-
pensions
3 972
-
11 639
-
health
2 989
-
8 760
-
total
6 988
-
20 478
-
Corporate
100 131
152 000
-
-
income
19 026
28 879
-
-
total
19 026
28 879
-
-
Dividends
81 105
123 121
-
-
withholding
12 165
18 469
-
-
total
12 165
18 469
-
-
Income
152 000
152 000
152 000
152 000
Total tax
55 839
47 348
80 430
76 402
After tax
96 161
104 652
71 570
75 598
Living cost
27 223
27 223
27 223
27 223
Free-cash
68 938
77 429
44 347
48 375

Estimated living cost  is ₽27223 per week

₽18683
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1745
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽528
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6269
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽48465
-₽88
₽61032
₽94570
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
152 000
income
-
-
-
29 628
social contributions
-
-
-
17 328
total
-
-
-
46 956
Employee
63 107
-
-
-
social contributions
5 175
-
737
-
income
13 920
-
-
-
total
19 095
-
737
-
Employer
63 107
-
-
-
social contributions
88 981
-
12 681
-
total
88 981
-
12 681
-
Corporate
-
152 000
-
-
income
-
33 440
-
-
total
-
33 440
-
-
Dividends
-
118 560
-
-
income
-
26 083
-
-
total
-
26 083
-
-
Income
152 000
152 000
152 000
152 000
Total tax
108 076
59 523
13 418
46 956
After tax
43 924
92 477
138 582
105 044
Living cost
44 012
44 012
44 012
44 012
Free-cash
-88
48 465
94 570
61 032

Estimated living cost  is ₽44012 per week

₽28557
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4139
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽561
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10755
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽54622
₽53601
₽50501
₽39762
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
152 000
income
-
-
-
16 843
surtax
-
-
-
-
social contributions

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

-
-
-
52 820
total
-
-
-
69 663
Employee
46 680
-
122 828
-
social contributions
5 135
-
13 511
-
surtax
-
-
-
-
income
9 710
-
37 719
-
total
14 845
-
51 230
-
Employer
46 680
-
122 828
-
social contributions
11 086
-
29 172
-
total
11 086
-
29 172
-
Corporate
94 234
152 000
-
-
surtax
-
-
-
-
income
19 788
31 921
-
-
total
19 788
31 921
-
-
Dividends
74 445
120 079
-
-
withholding
20 844
33 621
-
-
total
20 844
33 621
-
-
Income
152 000
152 000
152 000
152 000
Total tax
66 563
65 542
80 402
69 663
After tax
85 437
86 458
71 598
82 337
Living cost
31 836
31 836
31 836
31 836
Free-cash
53 601
54 622
39 762
50 501

Estimated living cost  is ₽31836 per week

₽23820
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1878
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽532
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5607
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽27588
₽34565
₽37070
₽37504
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
152 000
income
-
-
-
21 619
pensions
-
-
-
29 656
other
-
-
-
4 711
health
-
-
-
5 591
surtax
-
-
-
-
social contributions
-
-
-
4 332
total
-
-
-
65 909
Employee
63 568
-
119 274
-
social contributions
1 810
-
3 398
-
surtax
-
-
-
-
income
5 546
-
21 737
-
pensions
7 190
-
7 614
-
total
14 546
-
32 749
-
Employer
63 568
-
119 274
-
other
2 194
-
4 363
-
social contributions
191
-
358
-
unemployment
2 575
-
4 831
-
pensions
10 445
-
12 942
-
health
4 449
-
10 232
-
total
19 854
-
32 726
-
Corporate
68 578
152 000
-
-
surtax
-
-
-
-
income
19 201
42 560
-
-
total
19 201
42 560
-
-
Dividends
49 377
109 440
-
-
surtax
-
-
-
-
social contributions
8 494
18 823
-
-
withholding
6 319
14 008
-
-
total
14 813
32 831
-
-
Income
152 000
152 000
152 000
152 000
Total tax
68 414
75 391
65 475
65 909
After tax
83 586
76 609
86 525
86 091
Living cost
49 021
49 021
49 021
49 021
Free-cash
34 565
27 588
37 504
37 070

Estimated living cost  is ₽49021 per week

₽33176
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4010
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽672
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽11162
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽106291
₽102881
₽82358
₽86396
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
152 000
income
-
-
-
5 693
social contributions
-
-
-
33 440
total
-
-
-
39 133
Employee
32 630
-
131 601
-
income
-
-
6 142
-
social contributions
2 121
-
8 554
-
total
2 121
-
14 696
-
Employer
32 630
-
131 601
-
social contributions
5 058
-
20 399
-
total
5 058
-
20 399
-
Corporate
114 313
152 000
-
-
income
11 431
15 200
-
-
total
11 431
15 200
-
-
Dividends
102 881
136 800
-
-
total
-
-
-
-
Income
152 000
152 000
152 000
152 000
Total tax
18 610
15 200
35 095
39 133
After tax
133 390
136 800
116 905
112 867
Living cost
30 509
30 509
30 509
30 509
Free-cash
102 881
106 291
86 396
82 358

Estimated living cost  is ₽30509 per week

₽19727
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2300
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.
₽7908
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽69140
-₽69140
₽42312
-₽69140
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
152 000
municipal
-
-
-
30 867
pensions
-
-
-
880
national
-
-
-
16 970
labour market
-
-
-
12 090
total
-
-
-
60 807
Employee
206 316
206 316
206 316
-
labour market
16 482
16 482
16 482
-
national
25 205
25 205
25 205
-
municipal
43 934
43 934
43 934
-
pensions
293
293
293
-
total
85 914
85 914
85 914
-
Employer
206 316
206 316
206 316
-
labour market
16 505
16 505
16 505
-
municipal
44 004
44 004
44 004
-
pensions
587
587
587
-
national
25 249
25 249
25 249
-
total
86 345
86 345
86 345
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
152 000
152 000
152 000
152 000
Total tax
172 259
172 259
172 259
60 807
After tax
-20 259
-20 259
-20 259
91 193
Living cost
48 881
48 881
48 881
48 881
Free-cash
-69 140
-69 140
-69 140
42 312

Estimated living cost  is ₽48881 per week

₽33455
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4324
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽752
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10350
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽9478
₽8969
₽82208
₽59892
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
152 000
accident
-
-
-
254
income
-
-
-
41 000
pensions
-
-
-
4 183
other
-
-
-
373
health
-
-
-
2 192
total
-
-
-
48 002
Employee
34 278
-
135 348
-
health
3 925
-
15 497
-
income
4 703
-
30 499
-
pensions
3 860
-
7 670
-
total
12 488
-
53 666
-
Employer
34 278
-
135 348
-
accident
572
-
2 260
-
unemployment
840
-
3 316
-
pensions
5 574
-
11 076
-
total
6 986
-
16 652
-
Corporate
110 736
152 000
-
-
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.

99 663
136 800
-
-
total
99 663
136 800
-
-
Dividends
11 074
15 200
-
-
withholding
2 104
2 888
-
-
total
2 104
2 888
-
-
Income
152 000
152 000
152 000
152 000
Total tax
121 241
139 688
70 318
48 002
After tax
30 759
12 312
81 682
103 998
Living cost
21 790
21 790
21 790
21 790
Free-cash
8 969
-9 478
59 892
82 208

Estimated living cost  is ₽21790 per week

₽15861
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1242
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽409
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4278
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽57942
₽59853
₽62963
₽42473
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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

-
-
-
152 000
municipal
-
-
-
27 015
health
-
-
-
1 916
national
-
-
-
21 139
total
-
-
-
50 070
Employee
53 399
-
127 870
-
health
399
-
1 545
-
municipal
8 746
-
20 840
-
pensions
3 604
-
8 631
-
unemployment
801
-
1 918
-
national
882
-
13 497
-
total
14 432
-
46 431
-
Employer
53 399
-
127 870
-
accident
54
-
127
-
unemployment
347
-
832
-
pensions
9 264
-
22 186
-
health
410
-
984
-
total
10 075
-
24 129
-
Corporate
88 526
152 000
-
-
income
17 704
30 401
-
-
total
17 704
30 401
-
-
Dividends

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

53 116
91 199
-
-
national
1 408
8 274
-
-
municipal
9 561
16 416
-
-
total
10 969
24 690
-
-
Income
152 000
152 000
152 000
152 000
Total tax
53 180
55 091
70 560
50 070
After tax
98 820
96 909
81 440
101 930
Living cost
38 967
38 967
38 967
38 967
Free-cash
59 853
57 942
42 473
62 963

Estimated living cost  is ₽38967 per week

₽25453
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3748
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽620
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9147
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽87472
₽81948
₽81734
₽80324
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
152 000
income
-
-
-
26 470
health
-
-
-
3 875
social contributions
-
-
-
16 422
total
-
-
-
46 767
Employee
78 045
78 045
140 661
-
social contributions
2 951
6 477
8 737
-
health
605
1 327
2 392
-
income
8 498
7 225
25 709
-
total
12 054
15 029
36 838
-
Employer
78 045
78 045
140 661
-
social contributions
2 951
6 477
8 737
-
health
657
1 445
2 602
-
total
3 608
7 922
11 339
-
Corporate
112 840
66 033
-
-
income
14 105
8 255
-
-
total
14 105
8 255
-
-
Dividends
98 736
57 778
-
-
withholding
16 786
9 823
-
-
total
16 786
9 823
-
-
Income
152 000
152 000
152 000
152 000
Total tax
46 553
41 029
48 177
46 767
After tax
105 447
110 971
103 823
105 233
Living cost
23 499
23 499
23 499
23 499
Free-cash
81 948
87 472
80 324
81 734

Estimated living cost  is ₽23499 per week

₽14083
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2305
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽520
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6591
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Larnaca model

Close
Podgorica , Montenegro
₽109757
₽104591
₽110485
₽90125
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
152 000
income
-
-
-
15 243
pensions
-
-
-
6 456
unemployment
-
-
-
29
health
-
-
-
3 673
total
-
-
-
25 401
Employee

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

23 297
-
142 081
-
health
1 980
-
8 186
-
income
1 593
-
12 728
-
pensions
3 494
-
14 445
-
unemployment
116
-
482
-
total
7 183
-
35 841
-
Employer

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

23 297
-
142 081
-
unemployment
116
-
482
-
pensions
1 281
-
5 297
-
health
1 002
-
4 141
-
total
2 399
-
9 920
-
Corporate
126 305
152 000
-
-
income
11 368
13 681
-
-
total
11 368
13 681
-
-
Dividends
114 938
138 319
-
-
withholding
10 345
12 448
-
-
total
10 345
12 448
-
-
Income
152 000
152 000
152 000
152 000
Total tax
31 295
26 129
45 761
25 401
After tax
120 705
125 871
106 239
126 599
Living cost
16 114
16 114
16 114
16 114
Free-cash
104 591
109 757
90 125
110 485

Estimated living cost  is ₽16114 per week

₽10281
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1161
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.
₽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 Podgorica model

Close
Valencia , Spain
₽73731
₽69066
₽57693
₽53435
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
152 000
accident
-
-
-
847
income
-
-
-
38 175
pensions
-
-
-
26 622
other
-
-
-
94
unemployment
-
-
-
659
total
-
-
-
66 397
Employee
37 529
-
122 009
-
other
37
-
94
-
income
7 235
-
34 691
-
pensions
1 764
-
4 422
-
unemployment
582
-
1 458
-
total
9 618
-
40 665
-
Employer
37 529
-
122 009
-
accident
743
-
1 862
-
other
300
-
753
-
unemployment
2 065
-
5 173
-
pensions
8 856
-
22 202
-
total
11 964
-
29 990
-
Corporate
102 507
152 000
-
-
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.

15 376
22 801
-
-
total
15 376
22 801
-
-
Dividends
87 131
129 199
-
-
withholding
18 066
27 558
-
-
total
18 066
27 558
-
-
Income
152 000
152 000
152 000
152 000
Total tax
55 024
50 359
70 655
66 397
After tax
96 976
101 641
81 345
85 603
Living cost
27 910
27 910
27 910
27 910
Free-cash
69 066
73 731
53 435
57 693

Estimated living cost  is ₽27910 per week

₽18839
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2683
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽489
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5900
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽92061
₽91604
₽94376
₽94178
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
152 000
income
-
-
-
51 330
pensions
-
-
-
2 033
health
-
-
-
1 474
total
-
-
-
54 837
Employee
4 245
-
149 713
-
health
212
-
508
-
income
821
-
51 223
-
pensions
382
-
915
-
unemployment
42
-
102
-
total
1 457
-
52 748
-
Employer
4 245
-
149 713
-
unemployment
85
-
203
-
pensions
467
-
1 118
-
health
403
-
966
-
total
955
-
2 287
-
Corporate
146 799
152 000
-
-
income
32 296
33 440
-
-
total
32 296
33 440
-
-
Dividends
114 504
118 560
-
-
withholding
22 901
23 712
-
-
total
22 901
23 712
-
-
Income
152 000
152 000
152 000
152 000
Total tax
57 609
57 152
55 035
54 837
After tax
94 391
94 848
96 965
97 163
Living cost
2 787
2 787
2 787
2 787
Free-cash
91 604
92 061
94 178
94 376

Estimated living cost  is ₽2787 per week

₽1656
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽226
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽64
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽841
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽92260
₽87262
₽72315
₽72314
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
152 000
income
-
-
-
33 759
pensions
-
-
-
19 511
unemployment
-
-
-
1 126
health
-
-
-
7 729
total
-
-
-
62 125
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.

26 480
-
138 568
-
health
1 364
-
3 865
-
income
3 650
-
33 759
-
pensions
3 707
-
10 506
-
unemployment
199
-
563
-
total
8 920
-
48 693
-
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.

26 480
-
138 568
-
unemployment
199
-
563
-
pensions
3 178
-
9 005
-
health
1 364
-
3 865
-
total
4 741
-
13 433
-
Corporate
120 780
152 000
-
-
income
18 117
22 800
-
-
total
18 117
22 800
-
-
Dividends
102 663
129 200
-
-
withholding
15 400
19 380
-
-
total
15 400
19 380
-
-
Income
152 000
152 000
152 000
152 000
Total tax
47 178
42 180
62 126
62 125
After tax
104 822
109 820
89 874
89 875
Living cost
17 560
17 560
17 560
17 560
Free-cash
87 262
92 260
72 314
72 315

Estimated living cost  is ₽17560 per week

₽11823
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1358
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽508
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3870
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽59096
₽58729
₽54975
₽44236
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
152 000
income
-
-
-
16 843
surtax
-
-
-
-
social contributions

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

-
-
-
52 820
total
-
-
-
69 663
Employee
39 393
-
122 828
-
social contributions
4 334
-
13 511
-
surtax
-
-
-
-
income
7 697
-
37 719
-
total
12 031
-
51 230
-
Employer
39 393
-
122 828
-
social contributions
9 355
-
29 172
-
total
9 355
-
29 172
-
Corporate
103 253
152 000
-
-
surtax
-
-
-
-
income
21 684
31 921
-
-
total
21 684
31 921
-
-
Dividends
81 569
120 079
-
-
withholding
22 839
33 621
-
-
total
22 839
33 621
-
-
Income
152 000
152 000
152 000
152 000
Total tax
65 909
65 542
80 402
69 663
After tax
86 091
86 458
71 598
82 337
Living cost
27 362
27 362
27 362
27 362
Free-cash
58 729
59 096
44 236
54 975

Estimated living cost  is ₽27362 per week

₽19380
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1901
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽485
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5597
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽65971
₽58888
₽49933
₽45675
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
152 000
accident
-
-
-
847
income
-
-
-
38 175
pensions
-
-
-
26 622
other
-
-
-
94
unemployment
-
-
-
659
total
-
-
-
66 397
Employee
49 017
-
122 009
-
other
48
-
94
-
income
10 238
-
34 691
-
pensions
2 304
-
4 422
-
unemployment
759
-
1 458
-
total
13 349
-
40 665
-
Employer
49 017
-
122 009
-
accident
971
-
1 862
-
other
393
-
753
-
unemployment
2 696
-
5 173
-
pensions
11 568
-
22 202
-
total
15 628
-
29 990
-
Corporate
87 354
152 000
-
-
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.

13 103
22 801
-
-
total
13 103
22 801
-
-
Dividends
74 252
129 199
-
-
withholding
15 362
27 558
-
-
total
15 362
27 558
-
-
Income
152 000
152 000
152 000
152 000
Total tax
57 442
50 359
70 655
66 397
After tax
94 558
101 641
81 345
85 603
Living cost
35 670
35 670
35 670
35 670
Free-cash
58 888
65 971
45 675
49 933

Estimated living cost  is ₽35670 per week

₽25617
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2774
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.
₽6778
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽112493
₽106306
₽102263
₽107936
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
152 000
income
-
-
-
22 800
pensions

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

-
-
-
5 249
unemployment
-
-
-
142
health
-
-
-
4 079
total
-
-
-
32 270
Employee
23 129
-
145 042
-
health
1 064
-
1 631
-
accident

We are using the highest rate at 1.1%.

254
-
390
-
income
2 313
-
14 504
-
pensions

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

2 030
-
3 114
-
total
5 661
-
19 639
-
Employer
23 129
-
145 042
-
accident

We are using the highest rate at 1.1%.

254
-
390
-
unemployment
139
-
213
-
pensions

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

2 549
-
3 908
-
health
1 596
-
2 447
-
total
4 538
-
6 958
-
Corporate
124 333
152 000
-
-
income
12 433
15 200
-
-
total
12 433
15 200
-
-
Dividends
111 900
136 800
-
-
withholding
5 595
6 840
-
-
total
5 595
6 840
-
-
Income
152 000
152 000
152 000
152 000
Total tax
28 227
22 040
26 597
32 270
After tax
123 773
129 960
125 403
119 730
Living cost
17 467
17 467
17 467
17 467
Free-cash
106 306
112 493
107 936
102 263

Estimated living cost  is ₽17467 per week

₽11552
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1000
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽417
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4498
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽39082
₽52362
₽44406
₽59447
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
152 000
trade
-
-
-
15 041
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.

-
-
-
44 014
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.

-
-
-
6 934
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
-
-
-
68 410
Employee

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

50 500
-
152 000
-
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.

6 934
-
6 934
-
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.

229
-
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.

4 153
-
44 014
-
total
11 316
-
53 369
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
101 500
152 000
-
-
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.

838
1 254
-
-
income
15 226
22 801
-
-
trade
14 565
21 813
-
-
chamber of commerce
302
378
-
-
total
30 931
46 246
-
-
Dividends
70 569
105 755
-
-
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.

950
1 433
-
-
withholding
17 257
26 054
-
-
total
18 207
27 487
-
-
Income
152 000
152 000
152 000
152 000
Total tax
60 454
73 733
53 369
68 410
After tax
91 546
78 267
98 631
83 590
Living cost
39 184
39 184
39 184
39 184
Free-cash
52 362
39 082
59 447
44 406

Estimated living cost  is ₽39184 per week

₽27030
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4216
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.
₽7369
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽48582
₽50825
₽25421
₽25421
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
152 000
income
-
-
-
44 024
social contributions
-
-
-
24 739
total
-
-
-
68 763
Employee
79 392
-
152 000
-
income
14 981
-
44 024
-
social contributions
6 596
-
24 739
-
total
21 577
-
68 763
-
Employer
79 392
-
152 000
-
total
-
-
-
-
Corporate
72 608
152 000
-
-
income
9 076
19 001
-
-
total
9 076
19 001
-
-
Dividends
63 533
132 999
-
-
withholding
12 706
26 601
-
-
total
12 706
26 601
-
-
Income
152 000
152 000
152 000
152 000
Total tax
43 359
45 602
68 763
68 763
After tax
108 641
106 398
83 237
83 237
Living cost
57 816
57 816
57 816
57 816
Free-cash
50 825
48 582
25 421
25 421

Estimated living cost  is ₽57816 per week

₽43985
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.
₽553
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8567
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽56595
₽60141
₽79455
₽72866
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
152 000
income
-
-
-
28 891
health

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

-
-
-
6 811
total
-
-
-
35 702
Employee
46 560
-
147 331
-
income
5 052
-
32 953
-
social contributions
4 665
-
4 669
-
total
9 717
-
37 622
-
Employer
46 560
-
147 331
-
social contributions
4 665
-
4 669
-
total
4 665
-
4 669
-
Corporate
100 775
152 000
-
-
income
35 272
53 200
-
-
total
35 272
53 200
-
-
Dividends
65 503
98 800
-
-
social contributions
5 362
5 362
-
-
total
5 362
5 362
-
-
Income
152 000
152 000
152 000
152 000
Total tax
55 016
58 562
42 291
35 702
After tax
96 984
93 438
109 709
116 298
Living cost
36 843
36 843
36 843
36 843
Free-cash
60 141
56 595
72 866
79 455

Estimated living cost  is ₽36843 per week

₽24268
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2904
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽564
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9104
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽64520
₽70070
₽64889
₽50973
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
152 000
income
-
-
-
40 427
pensions
-
-
-
8 645
total
-
-
-
49 072
Employee
52 214
-
133 044
-
health
681
-
2 039
-
income
9 509
-
31 151
-
pensions
3 985
-
10 842
-
total
14 175
-
44 032
-
Employer
52 214
-
133 044
-
pensions
5 275
-
16 428
-
health
992
-
2 528
-
total
6 267
-
18 956
-
Corporate
93 519
152 000
-
-
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.

17 768
28 880
-
-
total
17 768
28 880
-
-
Dividends
75 751
123 120
-
-
withholding
5 681
20 561
-
-
total
5 681
20 561
-
-
Income
152 000
152 000
152 000
152 000
Total tax
43 891
49 441
62 988
49 072
After tax
108 109
102 559
89 012
102 928
Living cost
38 039
38 039
38 039
38 039
Free-cash
70 070
64 520
50 973
64 889

Estimated living cost  is ₽38039 per week

₽26094
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3498
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.
₽7968
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details

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
-₽11636
₽8639
₽80050
₽57734
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
152 000
accident
-
-
-
254
income
-
-
-
41 000
pensions
-
-
-
4 183
other
-
-
-
373
health
-
-
-
2 192
total
-
-
-
48 002
Employee
37 671
-
135 348
-
health
4 313
-
15 497
-
income
5 168
-
30 499
-
pensions
4 242
-
7 670
-
total
13 723
-
53 666
-
Employer
37 671
-
135 348
-
accident
629
-
2 260
-
unemployment
923
-
3 316
-
pensions
6 125
-
11 076
-
total
7 677
-
16 652
-
Corporate
106 652
152 000
-
-
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.

95 987
136 800
-
-
total
95 987
136 800
-
-
Dividends
10 665
15 200
-
-
withholding
2 026
2 888
-
-
total
2 026
2 888
-
-
Income
152 000
152 000
152 000
152 000
Total tax
119 413
139 688
70 318
48 002
After tax
32 587
12 312
81 682
103 998
Living cost
23 948
23 948
23 948
23 948
Free-cash
8 639
-11 636
57 734
80 050

Estimated living cost  is ₽23948 per week

₽17575
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1395
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽482
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4495
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

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

Source of data for Warsaw model

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Skopje , Macedonia
₽114203
₽109454
₽71838
₽91326
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
152 000
work injury
-
-
-
760
health insurance
-
-
-
11 248
income
-
-
-
24 657
pensions
-
-
-
27 968
unemployment
-
-
-
1 824
total
-
-
-
66 457
Employee

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

21 928
-
152 000
-
work injury
110
-
406
-
income
2 193
-
24 657
-
pensions
4 035
-
14 928
-
health insurance
1 623
-
6 004
-
unemployment
263
-
974
-
total
8 224
-
46 969
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
130 072
152 000
-
-
income

Macedonia has a simplified tax regime. Before 3,000,000 MKD per annum you will be taxed at 0%, and before 6,000,000 MKD it is 1%.

1 301
1 520
-
-
total
1 301
1 520
-
-
Dividends
128 771
150 480
-
-
withholding
19 316
22 572
-
-
total
19 316
22 572
-
-
Income
152 000
152 000
152 000
152 000
Total tax
28 841
24 092
46 969
66 457
After tax
123 159
127 908
105 031
85 543
Living cost
13 705
13 705
13 705
13 705
Free-cash
109 454
114 203
91 326
71 838

Estimated living cost  is ₽13705 per week

₽8490
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽996
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽428
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3791
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Skopje model

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Rome , Italy
₽39630
₽35013
₽31978
₽25187
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
152 000
municipal
-
-
-
1 017
regional
-
-
-
3 452
national
-
-
-
36 025
social contributions
-
-
-
39 095
total
-
-
-
79 589
Employee
85 526
-
152 000
-
social contributions
28 839
-
51 254
-
regional
1 291
-
3 023
-
municipal
510
-
907
-
national
14 453
-
31 196
-
total
45 093
-
86 380
-
Employer
85 526
-
152 000
-
total
-
-
-
-
Corporate
66 474
152 000
-
-
nationa
15 954
36 480
-
-
municipal
3 205
7 327
-
-
total
19 159
43 807
-
-
Dividends
47 315
108 194
-
-
withholding
12 302
28 130
-
-
total
12 302
28 130
-
-
Income
152 000
152 000
152 000
152 000
Total tax
76 554
71 937
86 380
79 589
After tax
75 446
80 063
65 620
72 411
Living cost
40 433
40 433
40 433
40 433
Free-cash
35 013
39 630
25 187
31 978

Estimated living cost  is ₽40433 per week

₽28402
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2781
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽611
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8638
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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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