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
₽ 152500
per

Your estimated
City
free-cash

Dresden , Germany
₽46437
₽51649
₽68289
₽57583
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
152 500
income

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

-
-
-
44 370
trade
-
-
-
16 640
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.

-
-
-
6 883
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.

-
-
-
2 440
total
-
-
-
70 333
Employee

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

38 537
-
152 500
-
income

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

1 076
-
44 370
-
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.

6 883
-
6 883
-
surtax

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

59
-
2 440
-
total
8 018
-
53 693
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
113 963
152 500
-
-
surtax

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

941
1 258
-
-
trade
17 950
24 019
-
-
chamber of commerce
317
373
-
-
income
17 095
22 875
-
-
total
36 303
48 525
-
-
Dividends
77 660
103 975
-
-
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.

1 046
1 409
-
-
withholding
19 032
25 611
-
-
total
20 078
27 020
-
-
Income
152 500
152 500
152 500
152 500
Total tax
64 399
75 545
53 693
70 333
After tax
88 101
76 955
98 807
82 167
Living cost
30 518
30 518
30 518
30 518
Free-cash
57 583
46 437
68 289
51 649

Estimated living cost  is ₽30518 per week

₽19197
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3558
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽570
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7193
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽44460
₽39694
₽40891
₽43616
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
152 500
municipal
-
-
-
16 539
social contributions
-
-
-
1 639
pensions
-
-
-
18 300
national
-
-
-
25 628
total
-
-
-
62 106
Employee
78 594
-
131 835
-
municipal
9 708
-
17 129
-
pensions
3 144
-
5 273
-
national
15 043
-
26 543
-
total
27 895
-
48 945
-
Employer
78 594
-
131 835
-
social contributions
845
-
1 417
-
pensions
6 288
-
10 547
-
total
7 133
-
11 964
-
Corporate
61 586
152 500
-
-
income

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

12 317
30 500
-
-
total
12 317
30 500
-
-
Dividends
49 269
122 000
-
-
withholding
10 839
26 840
-
-
total
10 839
26 840
-
-
Income
152 500
152 500
152 500
152 500
Total tax
58 184
57 340
60 909
62 106
After tax
94 316
95 160
91 591
90 394
Living cost
50 700
50 700
50 700
50 700
Free-cash
43 616
44 460
40 891
39 694

Estimated living cost  is ₽50700 per week

₽34460
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4713
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽759
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10768
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽101039
₽28998
₽71735
₽92774
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
152 500
income
-
-
-
25 049
microenterprise
-
-
-
-
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.

-
-
-
38 604
surtax
-
-
-
38 888
total
-
-
-
102 541
Employee
29 441
-
109 705
-
income
5 241
-
21 309
-
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.

3 239
-
12 067
-
surtax
-
-
-
-
total
8 480
-
33 376
-
Employer
29 441
-
109 705
-
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.

7 092
-
26 428
-
surtax
-
-
-
-
total
7 092
-
26 428
-
Corporate
115 967
152 500
-
-
income

Corporate income tax rate is 20% applicable to the taxable base. However, before applying the statutory rate, the taxable base should be divided by a coefficient of 0.8. As taxable base is increased by the coefficient, the effective corporate income tax rate is 25%.

23 193
30 500
-
-
total
23 193
30 500
-
-
Dividends

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

92 775
122 000
-
-
total
-
-
-
-
Income
152 500
152 500
152 500
152 500
Total tax
38 765
30 500
59 804
102 541
After tax
113 735
122 000
92 696
49 959
Living cost
20 961
20 961
20 961
20 961
Free-cash
92 774
101 039
71 735
28 998

Estimated living cost  is ₽20961 per week

₽13373
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1996
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.
₽5117
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽32924
₽43722
₽50359
₽26751
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
152 500
income
-
-
-
42 341
health
-
-
-
12 424
pensions
-
-
-
11 805
total
-
-
-
66 570
Employee
86 041
86 041
133 776
-
pensions
15 487
11 805
11 805
-
income

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

14 083
14 083
16 980
-
health
13 206
11 233
12 424
-
total
42 776
37 121
41 209
-
Employer
86 041
86 041
133 776
-
unemployment
3 097
3 097
3 849
-
health
5 981
5 981
7 432
-
pensions
5 988
5 988
7 443
-
total
15 066
15 066
18 724
-
Corporate
52 448
51 393
-
-
income
10 489
10 279
-
-
total
10 489
10 279
-
-
Dividends
41 959
41 114
-
-
income
8 916
8 736
-
-
withholding
6 294
6 166
-
-
total
15 210
14 902
-
-
Income
152 500
152 500
152 500
152 500
Total tax
83 541
77 368
59 933
66 570
After tax
68 959
75 132
92 567
85 930
Living cost
42 208
42 208
42 208
42 208
Free-cash
26 751
32 924
50 359
43 722

Estimated living cost  is ₽42208 per week

₽29912
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3805
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽671
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7820
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽44053
₽40368
₽39415
₽43173
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
152 500
unemployment
-
-
-
86
other
-
-
-
9 986
health
-
-
-
5 362
municipal
-
-
-
38 051
national
-
-
-
9 973
pensions
-
-
-
9 290
accident
-
-
-
172
total
-
-
-
72 920
Employee
55 873
-
125 498
-
municipal
16 661
-
37 424
-
national
-
-
9 447
-
total
16 661
-
46 871
-
Employer
55 873
-
125 498
-
accident
112
-
172
-
unemployment
1 475
-
2 269
-
health
3 436
-
5 285
-
pensions
6 040
-
9 290
-
other
6 492
-
9 986
-
total
17 555
-
27 002
-
Corporate
79 072
152 500
-
-
income
17 396
33 550
-
-
total
17 396
33 550
-
-
Dividends
61 676
118 950
-
-
withholding
18 503
35 685
-
-
total
18 503
35 685
-
-
Income
152 500
152 500
152 500
152 500
Total tax
70 115
69 235
73 873
72 920
After tax
82 385
83 265
78 627
79 580
Living cost
39 212
39 212
39 212
39 212
Free-cash
43 173
44 053
39 415
40 368

Estimated living cost  is ₽39212 per week

₽25988
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3848
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.
₽8781
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽36591
₽41846
₽59226
₽50749
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
152 500
income

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

-
-
-
44 370
trade
-
-
-
17 380
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.

-
-
-
6 883
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.

-
-
-
2 440
total
-
-
-
71 073
Employee

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

51 095
-
152 500
-
income

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

4 390
-
44 370
-
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.

6 883
-
6 883
-
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.

241
-
2 440
-
total
11 514
-
53 693
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
101 405
152 500
-
-
surtax

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

837
1 258
-
-
trade
16 680
25 086
-
-
chamber of commerce
296
369
-
-
income
15 210
22 875
-
-
total
33 023
49 588
-
-
Dividends
68 381
102 912
-
-
surtax

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

920
1 394
-
-
withholding
16 713
25 346
-
-
total
17 633
26 740
-
-
Income
152 500
152 500
152 500
152 500
Total tax
62 170
76 328
53 693
71 073
After tax
90 330
76 172
98 807
81 427
Living cost
39 581
39 581
39 581
39 581
Free-cash
50 749
36 591
59 226
41 846

Estimated living cost  is ₽39581 per week

₽26472
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4174
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.
₽8344
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽78651
₽72803
₽71395
₽74472
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
152 500
income
-
-
-
26 826
health
-
-
-
3 889
social contributions
-
-
-
16 302
total
-
-
-
47 017
Employee
77 476
77 476
141 215
-
income
8 136
7 172
26 066
-
health
771
1 317
2 401
-
social contributions
3 765
6 430
8 673
-
total
12 672
14 919
37 140
-
Employer
77 476
77 476
141 215
-
social contributions
3 765
6 430
8 673
-
health
839
1 434
2 612
-
total
4 604
7 864
11 285
-
Corporate
102 545
67 160
-
-
income
12 818
8 396
-
-
total
12 818
8 396
-
-
Dividends
89 727
58 765
-
-
withholding
15 254
9 990
-
-
total
15 254
9 990
-
-
Income
152 500
152 500
152 500
152 500
Total tax
45 348
41 169
48 425
47 017
After tax
107 152
111 331
104 075
105 483
Living cost
32 680
32 680
32 680
32 680
Free-cash
74 472
78 651
71 395
72 803

Estimated living cost  is ₽32680 per week

₽22340
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2553
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽549
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7239
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽67403
₽87328
₽70089
₽67785
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
152 500
income
-
-
-
18 643
unemployment
-
-
-
2 288
health
-
-
-
10 675
pensions
-
-
-
15 250
total
-
-
-
46 856
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.

26 440
10 523
127 615
-
pensions
2 644
1 052
12 762
-
unemployment
397
158
1 914
-
income
3 232
1 286
15 601
-
health
1 851
737
8 933
-
total
8 124
3 233
39 210
-
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.

26 440
10 523
127 615
-
pensions
5 156
2 052
24 885
-
total
5 156
2 052
24 885
-
Corporate
120 905
139 926
-
-
income
10 881
12 593
-
-
total
10 881
12 593
-
-
Dividends
110 023
127 332
-
-
withholding
20 904
24 193
-
-
social contributions
21 334
24 710
-
-
total
42 238
48 903
-
-
Income
152 500
152 500
152 500
152 500
Total tax
66 399
66 781
64 095
46 856
After tax
86 101
85 719
88 405
105 644
Living cost
18 316
18 316
18 316
18 316
Free-cash
67 785
67 403
70 089
87 328

Estimated living cost  is ₽18316 per week

₽12499
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1499
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽366
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3952
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽97664
₽57403
₽63563
₽91406
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
152 500
income
-
-
-
20 436
health
-
-
-
19 826
pensions
-
-
-
30 499
total
-
-
-
70 761
Employee
28 583
-
113 977
-
pensions
572
-
2 279
-
unemployment
457
-
1 824
-
income
3 218
-
21 975
-
total
4 247
-
26 078
-
Employer
28 583
-
113 977
-
unemployment
229
-
912
-
health
3 715
-
14 816
-
pensions
5 717
-
22 795
-
total
9 661
-
38 523
-
Corporate
114 256
152 500
-
-
income
22 850
30 500
-
-
total
22 850
30 500
-
-
Dividends
91 406
122 000
-
-
total
-
-
-
-
Income
152 500
152 500
152 500
152 500
Total tax
36 758
30 500
64 601
70 761
After tax
115 742
122 000
87 899
81 739
Living cost
24 336
24 336
24 336
24 336
Free-cash
91 406
97 664
63 563
57 403

Estimated living cost  is ₽24336 per week

₽16692
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1449
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.
₽5705
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽9904
₽82086
₽59675
₽8939
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
152 500
income
-
-
-
41 112
other
-
-
-
375
health
-
-
-
2 206
pensions
-
-
-
4 209
accident
-
-
-
255
total
-
-
-
48 157
Employee
35 011
-
135 761
-
pensions
3 942
-
7 718
-
income
4 803
-
30 566
-
health
4 009
-
15 545
-
total
12 754
-
53 829
-
Employer
35 011
-
135 761
-
accident
584
-
2 267
-
unemployment
858
-
3 326
-
pensions
5 693
-
11 146
-
total
7 135
-
16 739
-
Corporate
110 354
152 500
-
-
income

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

99 318
137 250
-
-
total
99 318
137 250
-
-
Dividends
11 036
15 250
-
-
withholding
2 097
2 897
-
-
total
2 097
2 897
-
-
Income
152 500
152 500
152 500
152 500
Total tax
121 304
140 147
70 568
48 157
After tax
31 196
12 353
81 932
104 343
Living cost
22 257
22 257
22 257
22 257
Free-cash
8 939
-9 904
59 675
82 086

Estimated living cost  is ₽22257 per week

₽16312
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1233
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽465
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4247
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽135728
₽141828
₽112853
₽134014
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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%.

-
-
-
152 500
microenterprise

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

-
-
-
1 525
total
-
-
-
1 525
Employee
11 433
-
152 500
-
income
2 286
-
30 500
-
total
2 286
-
30 500
-
Employer
-
-
-
-
total
-
-
-
-
Corporate

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

141 067
152 500
-
-
total
-
-
-
-
Dividends
141 067
152 500
-
-
withholding
7 053
7 625
-
-
total
7 053
7 625
-
-
Income
152 500
152 500
152 500
152 500
Total tax
9 339
7 625
30 500
1 525
After tax
143 161
144 875
122 000
150 975
Living cost
9 147
9 147
9 147
9 147
Free-cash
134 014
135 728
112 853
141 828

Estimated living cost  is ₽9147 per week

₽5668
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽760
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽251
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2466
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽85195
₽53874
₽60182
₽78391
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
152 500
income
-
-
-
21 223
other
-
-
-
7 245
health
-
-
-
6 709
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.

-
-
-
36 602
total
-
-
-
71 779
Employee
36 583
-
121 805
-
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.

2 560
-
8 526
-
unemployment
365
-
1 218
-
income
6 298
-
23 325
-
health
512
-
1 706
-
total
9 735
-
34 775
-
Employer
36 583
-
121 805
-
accident
293
-
975
-
unemployment
365
-
1 218
-
health
512
-
1 706
-
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.

6 220
-
20 707
-
other
1 830
-
6 090
-
total
9 220
-
30 696
-
Corporate
106 697
152 500
-
-
income
22 407
32 024
-
-
total
22 407
32 024
-
-
Dividends
84 290
120 476
-
-
withholding
5 900
8 434
-
-
total
5 900
8 434
-
-
Income
152 500
152 500
152 500
152 500
Total tax
47 262
40 458
65 471
71 779
After tax
105 238
112 042
87 029
80 721
Living cost
26 847
26 847
26 847
26 847
Free-cash
78 391
85 195
60 182
53 874

Estimated living cost  is ₽26847 per week

₽18969
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1813
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽432
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5633
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽34652
₽35079
₽21127
₽32224
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
152 500
income
-
-
-
40 742
pensions
-
-
-
8 620
total
-
-
-
49 362
Employee
96 293
-
133 466
-
pensions
9 290
-
10 798
-
income
17 358
-
31 441
-
health
1 587
-
2 040
-
total
28 235
-
44 279
-
Employer
96 293
-
133 466
-
health
1 829
-
2 535
-
pensions
11 369
-
16 500
-
total
13 198
-
19 035
-
Corporate
43 008
152 500
-
-
income

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

8 171
28 974
-
-
total
8 171
28 974
-
-
Dividends
34 837
123 526
-
-
withholding
2 613
20 815
-
-
total
2 613
20 815
-
-
Income
152 500
152 500
152 500
152 500
Total tax
52 217
49 789
63 314
49 362
After tax
100 283
102 711
89 186
103 138
Living cost
68 059
68 059
68 059
68 059
Free-cash
32 224
34 652
21 127
35 079

Estimated living cost  is ₽68059 per week

₽50998
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽7997
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽554
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8512
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽117173
₽107012
₽112724
₽112492
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
152 500
income
-
-
-
22 875
unemployment
-
-
-
141
health
-
-
-
4 048
pensions

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

-
-
-
5 210
total
-
-
-
32 274
Employee
17 497
-
145 593
-
pensions

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

1 536
-
3 091
-
income
1 749
-
14 559
-
health
805
-
1 619
-
accident

We are using the highest rate at 1.1%.

193
-
387
-
total
4 283
-
19 656
-
Employer
17 497
-
145 593
-
accident

We are using the highest rate at 1.1%.

193
-
387
-
unemployment
105
-
211
-
health
1 208
-
2 429
-
pensions

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

1 928
-
3 879
-
total
3 434
-
6 906
-
Corporate
131 569
152 500
-
-
income
13 157
15 250
-
-
total
13 157
15 250
-
-
Dividends
118 413
137 250
-
-
withholding
5 920
6 863
-
-
total
5 920
6 863
-
-
Income
152 500
152 500
152 500
152 500
Total tax
26 794
22 113
26 562
32 274
After tax
125 706
130 387
125 938
120 226
Living cost
13 214
13 214
13 214
13 214
Free-cash
112 492
117 173
112 724
107 012

Estimated living cost  is ₽13214 per week

₽7715
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽944
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽350
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4206
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽19262
₽30060
₽36697
₽21794
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
152 500
income
-
-
-
42 341
health
-
-
-
12 424
pensions
-
-
-
11 805
total
-
-
-
66 570
Employee
93 412
86 041
133 776
-
pensions
11 805
11 805
11 805
-
income

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

14 083
14 083
16 980
-
health
11 654
11 233
12 424
-
total
37 542
37 121
41 209
-
Employer
93 412
86 041
133 776
-
unemployment
3 363
3 097
3 849
-
health
6 491
5 981
7 432
-
pensions
6 501
5 988
7 443
-
total
16 355
15 066
18 724
-
Corporate
42 732
51 393
-
-
income
8 547
10 279
-
-
total
8 547
10 279
-
-
Dividends
34 185
41 114
-
-
income
7 264
8 736
-
-
withholding
5 128
6 166
-
-
total
12 392
14 902
-
-
Income
152 500
152 500
152 500
152 500
Total tax
74 836
77 368
59 933
66 570
After tax
77 664
75 132
92 567
85 930
Living cost
55 870
55 870
55 870
55 870
Free-cash
21 794
19 262
36 697
30 060

Estimated living cost  is ₽55870 per week

₽41213
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4990
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽641
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9027
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽80953
₽58676
₽53345
₽72377
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
152 500
income
-
-
-
14 597
health
-
-
-
20 587
solidarity contribution
-
-
-
-
social contributions
-
-
-
34 597
total
-
-
-
69 781
Employee
35 357
-
113 806
-
solidarity contribution
-
-
-
-
income
4 243
-
13 657
-
health
4 773
-
15 364
-
social contributions
2 298
-
7 397
-
total
11 314
-
36 418
-
Employer
35 357
-
113 806
-
social contributions
8 839
-
28 451
-
health
3 182
-
10 243
-
total
12 021
-
38 694
-
Corporate
105 121
152 500
-
-
income
19 973
28 975
-
-
total
19 973
28 975
-
-
Dividends
85 148
123 525
-
-
withholding
12 772
18 529
-
-
total
12 772
18 529
-
-
Income
152 500
152 500
152 500
152 500
Total tax
56 080
47 504
75 112
69 781
After tax
96 420
104 996
77 388
82 719
Living cost
24 043
24 043
24 043
24 043
Free-cash
72 377
80 953
53 345
58 676

Estimated living cost  is ₽24043 per week

₽16701
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1710
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽473
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5159
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Brno model

Close
Milan , Italy
₽38849
₽31831
₽24816
₽33590
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
152 500
municipal
-
-
-
906
regional
-
-
-
1 773
social contributions
-
-
-
39 223
national
-
-
-
36 252
total
-
-
-
78 154
Employee
89 545
-
152 500
-
municipal
474
-
809
-
national
15 516
-
31 372
-
social contributions
30 195
-
51 424
-
regional
845
-
1 564
-
total
47 030
-
85 169
-
Employer
89 545
-
152 500
-
total
-
-
-
-
Corporate
62 955
152 500
-
-
municipal
2 455
5 948
-
-
nationa
15 109
36 600
-
-
total
17 564
42 548
-
-
Dividends
45 392
109 952
-
-
withholding
11 801
28 588
-
-
total
11 801
28 588
-
-
Income
152 500
152 500
152 500
152 500
Total tax
76 395
71 136
85 169
78 154
After tax
76 105
81 364
67 331
74 346
Living cost
42 515
42 515
42 515
42 515
Free-cash
33 590
38 849
24 816
31 831

Estimated living cost  is ₽42515 per week

₽29636
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2788
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽652
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9438
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽73691
₽50137
₽45276
₽70553
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
152 500
income
-
-
-
37 974
unemployment
-
-
-
229
other
-
-
-
-
health
-
-
-
9 547
pensions
-
-
-
26 894
surtax
-
-
-
5 486
total
-
-
-
80 130
Employee
33 319
-
125 980
-
pensions
2 222
-
8 403
-
unemployment
2 319
-
8 768
-
other
-
-
-
-
income
5 585
-
33 368
-
health
851
-
3 214
-
surtax
109
-
4 719
-
total
11 086
-
58 472
-
Employer
33 319
-
125 980
-
unemployment
1 055
-
3 994
-
health
1 516
-
5 732
-
pensions
4 442
-
16 793
-
other
-
-
-
-
total
7 013
-
26 519
-
Corporate
112 168
152 500
-
-
income
29 164
39 649
-
-
total
29 164
39 649
-
-
Dividends
83 004
112 851
-
-
withholding
12 451
16 927
-
-
total
12 451
16 927
-
-
Income
152 500
152 500
152 500
152 500
Total tax
59 714
56 576
84 991
80 130
After tax
92 786
95 924
67 509
72 370
Living cost
22 233
22 233
22 233
22 233
Free-cash
70 553
73 691
45 276
50 137

Estimated living cost  is ₽22233 per week

₽13594
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2052
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽512
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6074
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽56215
₽56642
₽42690
₽59757
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
152 500
income
-
-
-
40 742
pensions
-
-
-
8 620
total
-
-
-
49 362
Employee
64 533
-
133 466
-
pensions
5 477
-
10 798
-
income
11 623
-
31 441
-
health
937
-
2 040
-
total
18 037
-
44 279
-
Employer
64 533
-
133 466
-
health
1 226
-
2 535
-
pensions
6 986
-
16 500
-
total
8 212
-
19 035
-
Corporate
79 755
152 500
-
-
income

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

15 153
28 974
-
-
total
15 153
28 974
-
-
Dividends
64 603
123 526
-
-
withholding
4 845
20 815
-
-
total
4 845
20 815
-
-
Income
152 500
152 500
152 500
152 500
Total tax
46 247
49 789
63 314
49 362
After tax
106 253
102 711
89 186
103 138
Living cost
46 496
46 496
46 496
46 496
Free-cash
59 757
56 215
42 690
56 642

Estimated living cost  is ₽46496 per week

₽34835
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3485
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽486
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7689
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽6745
₽48128
₽40718
₽25977
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
152 500
other

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

-
-
-
3 050
health
-
-
-
344
regional
-
-
-
6 928
city
-
-
-
1 607
pensions
-
-
-
14 030
national
-
-
-
1 935
total
-
-
-
27 894
Employee
89 498
-
136 497
-
city
961
-
1 467
-
pensions
7 519
-
11 465
-
unemployment
-
-
-
-
national
424
-
1 584
-
health
202
-
306
-
regional
2 931
-
5 981
-
total
12 037
-
20 803
-
Employer
89 498
-
136 497
-
unemployment
-
-
-
-
health
202
-
306
-
pensions
7 519
-
11 465
-
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.

1 789
-
2 730
-
total
9 510
-
14 501
-
Corporate
52 507
152 500
-
-
national
4 463
12 962
-
-
regional
11 106
32 255
-
-
total
15 569
45 217
-
-
Dividends
36 938
107 283
-
-
withholding
12 929
37 550
-
-
total
12 929
37 550
-
-
Income
152 500
152 500
152 500
152 500
Total tax
50 045
82 767
35 304
27 894
After tax
102 455
69 733
117 196
124 606
Living cost
76 478
76 478
76 478
76 478
Free-cash
25 977
-6 745
40 718
48 128

Estimated living cost  is ₽76478 per week

₽49732
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽6863
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽939
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽18943
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽29233
₽34531
₽52651
₽45572
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
152 500
income

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

-
-
-
44 370
trade
-
-
-
18 120
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.

-
-
-
6 883
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.

-
-
-
2 440
total
-
-
-
71 813
Employee

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

60 552
-
152 500
-
income

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

7 120
-
44 370
-
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.

6 883
-
6 883
-
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.

392
-
2 440
-
total
14 395
-
53 693
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
91 948
152 500
-
-
surtax

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

759
1 258
-
-
trade
15 768
26 154
-
-
chamber of commerce
283
367
-
-
income
13 791
22 875
-
-
total
30 601
50 654
-
-
Dividends
61 346
101 845
-
-
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.

822
1 379
-
-
withholding
14 954
25 078
-
-
total
15 776
26 457
-
-
Income
152 500
152 500
152 500
152 500
Total tax
60 772
77 111
53 693
71 813
After tax
91 728
75 389
98 807
80 687
Living cost
46 156
46 156
46 156
46 156
Free-cash
45 572
29 233
52 651
34 531

Estimated living cost  is ₽46156 per week

₽33711
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3692
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽600
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8155
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽42389
₽51869
₽52125
₽48337
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
152 500
income
-
-
-
21 842
other
-
-
-
4 728
health
-
-
-
5 669
social contributions
-
-
-
4 346
pensions
-
-
-
29 574
surtax
-
-
-
-
total
-
-
-
66 159
Employee
43 122
-
119 562
-
pensions
4 876
-
7 675
-
income
2 545
-
21 882
-
social contributions
1 229
-
3 407
-
surtax
-
-
-
-
total
8 650
-
32 964
-
Employer
43 122
-
119 562
-
social contributions
130
-
359
-
unemployment
1 746
-
4 843
-
health
3 019
-
10 307
-
pensions
7 084
-
13 037
-
other
1 488
-
4 393
-
total
13 467
-
32 939
-
Corporate
95 912
152 500
-
-
surtax
-
-
-
-
income
26 856
42 699
-
-
total
26 856
42 699
-
-
Dividends
69 056
109 801
-
-
surtax
-
-
-
-
withholding
8 839
14 055
-
-
social contributions
11 879
18 885
-
-
total
20 718
32 940
-
-
Income
152 500
152 500
152 500
152 500
Total tax
69 691
75 639
65 903
66 159
After tax
82 809
76 861
86 597
86 341
Living cost
34 472
34 472
34 472
34 472
Free-cash
48 337
42 389
52 125
51 869

Estimated living cost  is ₽34472 per week

₽21736
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2803
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.
₽9348
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽45805
₽55285
₽55541
₽51403
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
152 500
income
-
-
-
21 842
other
-
-
-
4 728
health
-
-
-
5 669
social contributions
-
-
-
4 346
pensions
-
-
-
29 574
surtax
-
-
-
-
total
-
-
-
66 159
Employee
38 492
-
119 562
-
pensions
4 354
-
7 675
-
income
1 985
-
21 882
-
social contributions
1 097
-
3 407
-
surtax
-
-
-
-
total
7 436
-
32 964
-
Employer
38 492
-
119 562
-
social contributions
115
-
359
-
unemployment
1 558
-
4 843
-
health
2 694
-
10 307
-
pensions
6 325
-
13 037
-
other
1 329
-
4 393
-
total
12 021
-
32 939
-
Corporate
101 987
152 500
-
-
surtax
-
-
-
-
income
28 556
42 699
-
-
total
28 556
42 699
-
-
Dividends
73 431
109 801
-
-
surtax
-
-
-
-
withholding
9 399
14 055
-
-
social contributions
12 629
18 885
-
-
total
22 028
32 940
-
-
Income
152 500
152 500
152 500
152 500
Total tax
70 041
75 639
65 903
66 159
After tax
82 459
76 861
86 597
86 341
Living cost
31 056
31 056
31 056
31 056
Free-cash
51 403
45 805
55 541
55 285

Estimated living cost  is ₽31056 per week

₽18011
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3155
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽589
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9302
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽71673
₽76570
₽74159
₽72195
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
152 500
income
-
-
-
22 875
health
-
-
-
10 644
social contributions
-
-
-
21 046
total
-
-
-
54 565
Employee
34 162
-
152 500
-
income
5 698
-
25 286
-
health
2 384
-
10 644
-
social contributions
4 715
-
21 046
-
total
12 797
-
56 976
-
Employer
34 162
-
152 500
-
total
-
-
-
-
Corporate
118 338
152 500
-
-
income

The standard tax rate is 15%. However, small companies and agricultural companies can apply a reduced corporate income tax rate of 0% to the first year of operation when certain conditions are met; and 5% to revenues of less than €300,000 per year. We made calculations based on 5% and skipped 0%.

5 918
7 625
-
-
total
5 918
7 625
-
-
Dividends
112 420
144 875
-
-
withholding
16 864
21 732
-
-
social contributions
15 514
19 992
-
-
health
7 847
10 113
-
-
total
40 225
51 837
-
-
Income
152 500
152 500
152 500
152 500
Total tax
58 940
59 462
56 976
54 565
After tax
93 560
93 038
95 524
97 935
Living cost
21 365
21 365
21 365
21 365
Free-cash
72 195
71 673
74 159
76 570

Estimated living cost  is ₽21365 per week

₽14298
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1317
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽491
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5256
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽49112
₽42698
₽4203
₽47559
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
152 500
income
-
-
-
36 531
unemployment
-
-
-
6 180
chamber of commerce
-
-
-
610
health
-
-
-
9 004
pensions
-
-
-
21 776
surtax
-
-
-
199
total
-
-
-
74 300
Employee
50 353
40 152
118 376
-
pensions
5 157
4 111
12 053
-
unemployment
1 510
1 205
3 531
-
other
503
402
1 178
-
income
5 732
2 962
28 718
-
health
1 948
1 554
4 554
-
total
14 850
10 234
50 034
-
Employer
50 353
40 152
118 376
-
accident
654
522
1 530
-
surtax
199
199
199
-
unemployment
1 510
1 205
3 531
-
payroll
1 510
1 205
3 551
-
health
1 902
1 518
4 449
-
pensions
6 319
5 040
14 772
-
chamber of commerce
201
161
474
-
other
2 392
1 906
5 617
-
total
14 687
11 756
34 123
-
Corporate
87 459
100 593
114 552
-
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.

21 864
25 149
28 638
-
total
21 864
25 149
28 638
-
Dividends
65 595
75 444
-
-
withholding
18 038
20 747
-
-
total
18 038
20 747
-
-
Income
152 500
152 500
152 500
152 500
Total tax
69 439
67 886
112 795
74 300
After tax
83 061
84 614
39 705
78 200
Living cost
35 502
35 502
35 502
35 502
Free-cash
47 559
49 112
4 203
42 698

Estimated living cost  is ₽35502 per week

₽23678
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3029
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽583
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8212
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽48604
₽29794
₽18349
₽33492
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
152 500
communal

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

-
-
-
7 723
social contributions
-
-
-
23 805
national
-
-
-
54 441
total
-
-
-
85 969
Employee

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

72 071
-
118 116
-
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.

5 405
-
8 858
-
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.

627
-
1 027
-
national
22 157
-
41 433
-
communal

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

3 759
-
6 161
-
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.

3 386
-
5 551
-
total
35 334
-
63 030
-
Employer

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

72 071
-
118 116
-
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.

937
-
1 535
-
surtax
8 172
-
13 396
-
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.

1 052
-
1 725
-
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.

4 432
-
7 264
-
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.

6 386
-
10 464
-
total
20 979
-
34 384
-
Corporate
59 451
152 500
-
-
surtax
237
610
-
-
income
11 891
30 500
-
-
total
12 128
31 110
-
-
Dividends
47 323
121 390
-
-
withholding

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

13 830
36 049
-
-
total
13 830
36 049
-
-
Income
152 500
152 500
152 500
152 500
Total tax
82 271
67 159
97 414
85 969
After tax
70 229
85 341
55 086
66 531
Living cost
36 737
36 737
36 737
36 737
Free-cash
33 492
48 604
18 349
29 794

Estimated living cost  is ₽36737 per week

₽23663
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3212
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽576
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9287
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽65565
₽49474
₽45246
₽58220
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
152 500
income
-
-
-
38 622
unemployment
-
-
-
654
other
-
-
-
94
pensions
-
-
-
26 428
accident
-
-
-
841
total
-
-
-
66 639
Employee
50 153
-
122 728
-
pensions
2 358
-
4 390
-
unemployment
778
-
1 447
-
other
50
-
94
-
income
10 582
-
35 163
-
total
13 768
-
41 094
-
Employer
50 153
-
122 728
-
accident
992
-
1 849
-
unemployment
2 759
-
5 136
-
pensions
11 835
-
22 040
-
other
400
-
748
-
total
15 986
-
29 773
-
Corporate
86 360
152 500
-
-
income

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

12 954
22 875
-
-
total
12 954
22 875
-
-
Dividends
73 406
129 625
-
-
withholding
15 185
27 673
-
-
total
15 185
27 673
-
-
Income
152 500
152 500
152 500
152 500
Total tax
57 893
50 548
70 867
66 639
After tax
94 607
101 952
81 633
85 861
Living cost
36 387
36 387
36 387
36 387
Free-cash
58 220
65 565
45 246
49 474

Estimated living cost  is ₽36387 per week

₽26795
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2581
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽524
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6486
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽35860
₽23441
₽29521
₽24253
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
152 500
income
-
-
-
22 249
communal
-
-
-
9 638
health
-
-
-
10 715
pensions
-
-
-
22 858
accident
-
-
-
1 285
surtax
-
-
-
7 560
total
-
-
-
74 305
Employee
76 301
-
136 221
-
pensions
6 103
-
10 898
-
income
7 370
-
26 639
-
health
3 396
-
6 061
-
surtax
4 677
-
8 348
-
total
21 546
-
51 946
-
Employer
76 301
-
136 221
-
accident
686
-
1 226
-
health
2 327
-
4 155
-
pensions
6 103
-
10 898
-
total
9 116
-
16 279
-
Corporate
67 083
152 500
-
-
surtax
704
1 600
-
-
communal
4 528
10 294
-
-
income
10 063
22 875
-
-
total
15 295
34 769
-
-
Dividends
51 789
117 730
-
-
income
19 767
9 458
-
-
withholding
7 769
17 659
-
-
total
27 536
27 117
-
-
Income
152 500
152 500
152 500
152 500
Total tax
73 493
61 886
68 225
74 305
After tax
79 007
90 614
84 275
78 195
Living cost
54 754
54 754
54 754
54 754
Free-cash
24 253
35 860
29 521
23 441

Estimated living cost  is ₽54754 per week

₽41074
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3317
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽579
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9782
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽73293
₽49739
₽44878
₽70087
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
152 500
income
-
-
-
37 974
unemployment
-
-
-
229
other
-
-
-
-
health
-
-
-
9 547
pensions
-
-
-
26 894
surtax
-
-
-
5 486
total
-
-
-
80 130
Employee
33 931
-
125 980
-
pensions
2 264
-
8 403
-
unemployment
2 361
-
8 768
-
other
-
-
-
-
income
5 688
-
33 368
-
health
866
-
3 214
-
surtax
120
-
4 719
-
total
11 299
-
58 472
-
Employer
33 931
-
125 980
-
unemployment
1 076
-
3 994
-
health
1 543
-
5 732
-
pensions
4 524
-
16 793
-
other
-
-
-
-
total
7 143
-
26 519
-
Corporate
111 426
152 500
-
-
income
28 971
39 649
-
-
total
28 971
39 649
-
-
Dividends
82 455
112 851
-
-
withholding
12 369
16 927
-
-
total
12 369
16 927
-
-
Income
152 500
152 500
152 500
152 500
Total tax
59 782
56 576
84 991
80 130
After tax
92 718
95 924
67 509
72 370
Living cost
22 631
22 631
22 631
22 631
Free-cash
70 087
73 293
44 878
49 739

Estimated living cost  is ₽22631 per week

₽13663
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1967
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽526
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6476
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽53016
₽46679
₽39702
₽50780
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
152 500
municipal
-
-
-
906
regional
-
-
-
2 299
social contributions
-
-
-
39 223
national
-
-
-
36 252
total
-
-
-
78 680
Employee
55 890
-
152 500
-
municipal
296
-
809
-
national
8 855
-
31 372
-
social contributions
18 847
-
51 424
-
regional
752
-
2 052
-
total
28 750
-
85 657
-
Employer
55 890
-
152 500
-
total
-
-
-
-
Corporate
96 610
152 500
-
-
municipal
4 801
7 579
-
-
nationa
23 187
36 600
-
-
total
27 988
44 179
-
-
Dividends
68 622
108 321
-
-
withholding
17 841
28 164
-
-
total
17 841
28 164
-
-
Income
152 500
152 500
152 500
152 500
Total tax
74 579
72 343
85 657
78 680
After tax
77 921
80 157
66 843
73 820
Living cost
27 141
27 141
27 141
27 141
Free-cash
50 780
53 016
39 702
46 679

Estimated living cost  is ₽27141 per week

₽16879
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2749
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽465
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7048
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽75369
₽53092
₽47761
₽64801
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
152 500
income
-
-
-
14 597
health
-
-
-
20 587
solidarity contribution
-
-
-
-
social contributions
-
-
-
34 597
total
-
-
-
69 781
Employee
43 570
-
113 806
-
solidarity contribution
-
-
-
-
income
5 228
-
13 657
-
health
5 882
-
15 364
-
social contributions
2 832
-
7 397
-
total
13 942
-
36 418
-
Employer
43 570
-
113 806
-
social contributions
10 892
-
28 451
-
health
3 921
-
10 243
-
total
14 813
-
38 694
-
Corporate
94 117
152 500
-
-
income
17 882
28 975
-
-
total
17 882
28 975
-
-
Dividends
76 235
123 525
-
-
withholding
11 435
18 529
-
-
total
11 435
18 529
-
-
Income
152 500
152 500
152 500
152 500
Total tax
58 072
47 504
75 112
69 781
After tax
94 428
104 996
77 388
82 719
Living cost
29 627
29 627
29 627
29 627
Free-cash
64 801
75 369
47 761
53 092

Estimated living cost  is ₽29627 per week

₽22033
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1641
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽513
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5441
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽52580
₽46255
₽7622
₽52082
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
152 500
income
-
-
-
36 531
unemployment
-
-
-
6 180
chamber of commerce
-
-
-
610
health
-
-
-
9 004
pensions
-
-
-
21 776
surtax
-
-
-
-
total
-
-
-
74 101
Employee
44 043
40 152
118 564
-
pensions
4 510
4 111
12 053
-
unemployment
1 321
1 205
3 531
-
other
440
402
1 178
-
income
3 923
2 962
28 799
-
health
1 704
1 554
4 554
-
total
11 898
10 234
50 115
-
Employer
44 043
40 152
118 564
-
accident
572
522
1 530
-
surtax
-
-
-
-
unemployment
1 321
1 205
3 531
-
payroll
1 321
1 205
3 556
-
health
1 665
1 518
4 449
-
pensions
5 528
5 040
14 772
-
chamber of commerce
176
161
474
-
other
2 092
1 906
5 623
-
total
12 675
11 557
33 935
-
Corporate
95 782
100 792
114 740
-
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.

23 946
25 198
28 684
-
total
23 946
25 198
28 684
-
Dividends
71 836
75 593
-
-
withholding
19 755
20 787
-
-
total
19 755
20 787
-
-
Income
152 500
152 500
152 500
152 500
Total tax
68 274
67 776
112 734
74 101
After tax
84 226
84 724
39 766
78 399
Living cost
32 144
32 144
32 144
32 144
Free-cash
52 082
52 580
7 622
46 255

Estimated living cost  is ₽32144 per week

₽19283
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3283
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.
₽9006
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽130622
₽136722
₽107747
₽127949
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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%.

-
-
-
152 500
microenterprise

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

-
-
-
1 525
total
-
-
-
1 525
Employee
17 817
-
152 500
-
income
3 564
-
30 500
-
total
3 564
-
30 500
-
Employer
-
-
-
-
total
-
-
-
-
Corporate

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

134 683
152 500
-
-
total
-
-
-
-
Dividends
134 683
152 500
-
-
withholding
6 734
7 625
-
-
total
6 734
7 625
-
-
Income
152 500
152 500
152 500
152 500
Total tax
10 298
7 625
30 500
1 525
After tax
142 202
144 875
122 000
150 975
Living cost
14 253
14 253
14 253
14 253
Free-cash
127 949
130 622
107 747
136 722

Estimated living cost  is ₽14253 per week

₽9645
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽598
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽478
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3531
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽77971
₽48725
₽44685
₽69544
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
152 500
income
-
-
-
33 664
unemployment
-
-
-
229
health
-
-
-
15 007
pensions
-
-
-
27 850
total
-
-
-
76 750
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.

44 554
-
131 955
-
pensions
6 906
-
20 453
-
unemployment
63
-
185
-
income
7 683
-
31 083
-
health
2 878
-
8 524
-
total
17 530
-
60 245
-
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.

44 554
-
131 955
-
unemployment
27
-
78
-
health
2 967
-
8 788
-
pensions
3 943
-
11 679
-
total
6 937
-
20 545
-
Corporate
101 009
152 500
-
-
income
19 191
28 975
-
-
total
19 191
28 975
-
-
Dividends
81 818
123 525
-
-
withholding
12 273
18 529
-
-
total
12 273
18 529
-
-
Income
152 500
152 500
152 500
152 500
Total tax
55 931
47 504
80 790
76 750
After tax
96 569
104 996
71 710
75 750
Living cost
27 025
27 025
27 025
27 025
Free-cash
69 544
77 971
44 685
48 725

Estimated living cost  is ₽27025 per week

₽18547
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1732
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽524
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6224
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽48806
₽61415
₽95118
₽330
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
152 500
income
-
-
-
29 725
social contributions
-
-
-
17 385
total
-
-
-
47 110
Employee
63 053
-
-
-
income
13 908
-
-
-
social contributions
5 170
-
737
-
total
19 078
-
737
-
Employer
63 053
-
-
-
social contributions
88 905
-
12 670
-
total
88 905
-
12 670
-
Corporate
542
152 500
-
-
income
119
33 550
-
-
total
119
33 550
-
-
Dividends
423
118 950
-
-
income
93
26 169
-
-
total
93
26 169
-
-
Income
152 500
152 500
152 500
152 500
Total tax
108 195
59 719
13 407
47 110
After tax
44 305
92 781
139 093
105 390
Living cost
43 975
43 975
43 975
43 975
Free-cash
330
48 806
95 118
61 415

Estimated living cost  is ₽43975 per week

₽28532
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4136
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽560
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10746
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽55138
₽50944
₽40107
₽54125
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
152 500
income
-
-
-
16 959
social contributions

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

-
-
-
52 993
surtax
-
-
-
-
total
-
-
-
69 952
Employee
46 339
-
123 233
-
income
9 639
-
37 966
-
social contributions
5 097
-
13 556
-
surtax
-
-
-
-
total
14 736
-
51 522
-
Employer
46 339
-
123 233
-
social contributions
11 006
-
29 267
-
total
11 006
-
29 267
-
Corporate
95 155
152 500
-
-
surtax
-
-
-
-
income
19 982
32 024
-
-
total
19 982
32 024
-
-
Dividends
75 173
120 476
-
-
withholding
21 047
33 734
-
-
total
21 047
33 734
-
-
Income
152 500
152 500
152 500
152 500
Total tax
66 771
65 758
80 789
69 952
After tax
85 729
86 742
71 711
82 548
Living cost
31 604
31 604
31 604
31 604
Free-cash
54 125
55 138
40 107
50 944

Estimated living cost  is ₽31604 per week

₽23646
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1864
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.
₽5566
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽28198
₽37678
₽37934
₽35124
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
152 500
income
-
-
-
21 842
other
-
-
-
4 728
health
-
-
-
5 669
social contributions
-
-
-
4 346
pensions
-
-
-
29 574
surtax
-
-
-
-
total
-
-
-
66 159
Employee
63 105
-
119 562
-
pensions
7 138
-
7 675
-
income
5 506
-
21 882
-
social contributions
1 797
-
3 407
-
surtax
-
-
-
-
total
14 441
-
32 964
-
Employer
63 105
-
119 562
-
social contributions
189
-
359
-
unemployment
2 556
-
4 843
-
health
4 417
-
10 307
-
pensions
10 369
-
13 037
-
other
2 178
-
4 393
-
total
19 709
-
32 939
-
Corporate
69 686
152 500
-
-
surtax
-
-
-
-
income
19 512
42 699
-
-
total
19 512
42 699
-
-
Dividends
50 174
109 801
-
-
surtax
-
-
-
-
withholding
6 422
14 055
-
-
social contributions
8 629
18 885
-
-
total
15 051
32 940
-
-
Income
152 500
152 500
152 500
152 500
Total tax
68 713
75 639
65 903
66 159
After tax
83 787
76 861
86 597
86 341
Living cost
48 663
48 663
48 663
48 663
Free-cash
35 124
28 198
37 934
37 678

Estimated living cost  is ₽48663 per week

₽32934
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3981
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽667
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽11080
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽106964
₽82888
₽86938
₽103579
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
152 500
income
-
-
-
5 776
social contributions
-
-
-
33 550
total
-
-
-
39 326
Employee
32 392
-
132 034
-
income
-
-
6 227
-
social contributions
2 105
-
8 583
-
total
2 105
-
14 810
-
Employer
32 392
-
132 034
-
social contributions
5 021
-
20 466
-
total
5 021
-
20 466
-
Corporate
115 087
152 500
-
-
income
11 508
15 250
-
-
total
11 508
15 250
-
-
Dividends
103 579
137 250
-
-
total
-
-
-
-
Income
152 500
152 500
152 500
152 500
Total tax
18 634
15 250
35 276
39 326
After tax
133 866
137 250
117 224
113 174
Living cost
30 286
30 286
30 286
30 286
Free-cash
103 579
106 964
86 938
82 888

Estimated living cost  is ₽30286 per week

₽19583
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2283
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽570
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7851
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽67027
₽42860
-₽67027
-₽67027
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
152 500
municipal
-
-
-
31 025
labour market
-
-
-
12 130
pensions
-
-
-
873
national
-
-
-
17 087
total
-
-
-
61 115
Employee
204 811
204 811
204 811
-
municipal
43 613
43 613
43 613
-
pensions
291
291
291
-
labour market
16 362
16 362
16 362
-
national
25 021
25 021
25 021
-
total
85 287
85 287
85 287
-
Employer
204 811
204 811
204 811
-
labour market
16 385
16 385
16 385
-
national
25 065
25 065
25 065
-
pensions
582
582
582
-
municipal
43 683
43 683
43 683
-
total
85 715
85 715
85 715
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
152 500
152 500
152 500
152 500
Total tax
171 002
171 002
171 002
61 115
After tax
-18 502
-18 502
-18 502
91 385
Living cost
48 525
48 525
48 525
48 525
Free-cash
-67 027
-67 027
-67 027
42 860

Estimated living cost  is ₽48525 per week

₽33211
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4293
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽746
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10275
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽9575
₽82415
₽60004
₽8989
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
152 500
income
-
-
-
41 112
other
-
-
-
375
health
-
-
-
2 206
pensions
-
-
-
4 209
accident
-
-
-
255
total
-
-
-
48 157
Employee
34 495
-
135 761
-
pensions
3 884
-
7 718
-
income
4 732
-
30 566
-
health
3 950
-
15 545
-
total
12 566
-
53 829
-
Employer
34 495
-
135 761
-
accident
576
-
2 267
-
unemployment
845
-
3 326
-
pensions
5 609
-
11 146
-
total
7 030
-
16 739
-
Corporate
110 975
152 500
-
-
income

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

99 878
137 250
-
-
total
99 878
137 250
-
-
Dividends
11 097
15 250
-
-
withholding
2 109
2 897
-
-
total
2 109
2 897
-
-
Income
152 500
152 500
152 500
152 500
Total tax
121 583
140 147
70 568
48 157
After tax
30 917
12 353
81 932
104 343
Living cost
21 928
21 928
21 928
21 928
Free-cash
8 989
-9 575
60 004
82 415

Estimated living cost  is ₽21928 per week

₽15961
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1250
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽411
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4305
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽58429
₽63309
₽42904
₽60362
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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

-
-
-
152 500
health
-
-
-
1 927
municipal
-
-
-
27 103
national
-
-
-
21 478
total
-
-
-
50 508
Employee
53 009
-
128 292
-
municipal
8 682
-
20 908
-
pensions
3 577
-
8 660
-
unemployment
795
-
1 923
-
national
876
-
13 659
-
health
396
-
1 554
-
total
14 326
-
46 704
-
Employer
53 009
-
128 292
-
accident
54
-
128
-
unemployment
344
-
834
-
health
407
-
989
-
pensions
9 197
-
22 258
-
total
10 002
-
24 209
-
Corporate
89 489
152 500
-
-
income
17 898
30 500
-
-
total
17 898
30 500
-
-
Dividends

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

53 693
91 500
-
-
municipal
9 665
16 470
-
-
national
1 564
8 418
-
-
total
11 229
24 888
-
-
Income
152 500
152 500
152 500
152 500
Total tax
53 455
55 388
70 913
50 508
After tax
99 045
97 112
81 587
101 992
Living cost
38 683
38 683
38 683
38 683
Free-cash
60 362
58 429
42 904
63 309

Estimated living cost  is ₽38683 per week

₽25267
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3721
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽616
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9080
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽88003
₽82155
₽80747
₽82522
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
152 500
income
-
-
-
26 826
health
-
-
-
3 889
social contributions
-
-
-
16 302
total
-
-
-
47 017
Employee
77 476
77 476
141 215
-
income
8 436
7 172
26 066
-
health
600
1 317
2 401
-
social contributions
2 929
6 430
8 673
-
total
11 965
14 919
37 140
-
Employer
77 476
77 476
141 215
-
social contributions
2 929
6 430
8 673
-
health
652
1 434
2 612
-
total
3 581
7 864
11 285
-
Corporate
113 626
67 160
-
-
income
14 202
8 396
-
-
total
14 202
8 396
-
-
Dividends
99 423
58 765
-
-
withholding
16 902
9 990
-
-
total
16 902
9 990
-
-
Income
152 500
152 500
152 500
152 500
Total tax
46 650
41 169
48 425
47 017
After tax
105 850
111 331
104 075
105 483
Living cost
23 328
23 328
23 328
23 328
Free-cash
82 522
88 003
80 747
82 155

Estimated living cost  is ₽23328 per week

₽13981
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2289
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.
₽6543
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽110290
₽111109
₽90899
₽105162
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
152 500
income
-
-
-
15 310
unemployment
-
-
-
29
health
-
-
-
3 646
pensions
-
-
-
6 409
total
-
-
-
25 394
Employee

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

23 127
-
142 653
-
pensions
3 468
-
14 340
-
unemployment
115
-
478
-
income
1 581
-
12 813
-
health
1 966
-
8 126
-
total
7 130
-
35 757
-
Employer

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

23 127
-
142 653
-
unemployment
115
-
478
-
health
994
-
4 111
-
pensions
1 271
-
5 258
-
total
2 380
-
9 847
-
Corporate
126 993
152 500
-
-
income
11 430
13 724
-
-
total
11 430
13 724
-
-
Dividends
115 563
138 776
-
-
withholding
10 401
12 489
-
-
total
10 401
12 489
-
-
Income
152 500
152 500
152 500
152 500
Total tax
31 341
26 213
45 604
25 394
After tax
121 159
126 287
106 896
127 106
Living cost
15 997
15 997
15 997
15 997
Free-cash
105 162
110 290
90 899
111 109

Estimated living cost  is ₽15997 per week

₽10206
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1153
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.
₽4161
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽74246
₽58155
₽53927
₽69645
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
152 500
income
-
-
-
38 622
unemployment
-
-
-
654
other
-
-
-
94
pensions
-
-
-
26 428
accident
-
-
-
841
total
-
-
-
66 639
Employee
37 255
-
122 728
-
pensions
1 751
-
4 390
-
unemployment
577
-
1 447
-
other
36
-
94
-
income
7 182
-
35 163
-
total
9 546
-
41 094
-
Employer
37 255
-
122 728
-
accident
738
-
1 849
-
unemployment
2 050
-
5 136
-
pensions
8 791
-
22 040
-
other
298
-
748
-
total
11 877
-
29 773
-
Corporate
103 368
152 500
-
-
income

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

15 505
22 875
-
-
total
15 505
22 875
-
-
Dividends
87 863
129 625
-
-
withholding
18 221
27 673
-
-
total
18 221
27 673
-
-
Income
152 500
152 500
152 500
152 500
Total tax
55 149
50 548
70 867
66 639
After tax
97 351
101 952
81 633
85 861
Living cost
27 706
27 706
27 706
27 706
Free-cash
69 645
74 246
53 927
58 155

Estimated living cost  is ₽27706 per week

₽18701
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2663
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽486
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5856
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽92386
₽94722
₽94525
₽91932
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
152 500
income
-
-
-
51 513
health
-
-
-
1 467
pensions
-
-
-
2 024
total
-
-
-
55 004
Employee
4 226
-
150 223
-
pensions
380
-
911
-
unemployment
42
-
101
-
income
817
-
51 407
-
health
211
-
506
-
total
1 450
-
52 925
-
Employer
4 226
-
150 223
-
unemployment
85
-
202
-
health
401
-
961
-
pensions
465
-
1 113
-
total
951
-
2 276
-
Corporate
147 323
152 500
-
-
income
32 411
33 550
-
-
total
32 411
33 550
-
-
Dividends
114 912
118 950
-
-
withholding
22 982
23 790
-
-
total
22 982
23 790
-
-
Income
152 500
152 500
152 500
152 500
Total tax
57 794
57 340
55 201
55 004
After tax
94 706
95 160
97 299
97 496
Living cost
2 774
2 774
2 774
2 774
Free-cash
91 932
92 386
94 525
94 722

Estimated living cost  is ₽2774 per week

₽1649
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽225
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.
₽837
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽92746
₽72987
₽72987
₽87786
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
152 500
income
-
-
-
33 914
unemployment
-
-
-
1 118
health
-
-
-
7 674
pensions
-
-
-
19 372
total
-
-
-
62 078
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.

26 291
-
139 163
-
pensions
3 681
-
10 431
-
unemployment
197
-
559
-
income
3 624
-
33 914
-
health
1 354
-
3 837
-
total
8 856
-
48 741
-
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.

26 291
-
139 163
-
unemployment
197
-
559
-
health
1 354
-
3 837
-
pensions
3 155
-
8 941
-
total
4 706
-
13 337
-
Corporate
121 503
152 500
-
-
income
18 225
22 875
-
-
total
18 225
22 875
-
-
Dividends
103 278
129 625
-
-
withholding
15 492
19 444
-
-
total
15 492
19 444
-
-
Income
152 500
152 500
152 500
152 500
Total tax
47 279
42 319
62 078
62 078
After tax
105 221
110 181
90 422
90 422
Living cost
17 435
17 435
17 435
17 435
Free-cash
87 786
92 746
72 987
72 987

Estimated living cost  is ₽17435 per week

₽11739
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1349
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽505
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3843
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽59579
₽55385
₽44548
₽59217
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
152 500
income
-
-
-
16 959
social contributions

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

-
-
-
52 993
surtax
-
-
-
-
total
-
-
-
69 952
Employee
39 105
-
123 233
-
income
7 641
-
37 966
-
social contributions
4 302
-
13 556
-
surtax
-
-
-
-
total
11 943
-
51 522
-
Employer
39 105
-
123 233
-
social contributions
9 287
-
29 267
-
total
9 287
-
29 267
-
Corporate
104 108
152 500
-
-
surtax
-
-
-
-
income
21 862
32 024
-
-
total
21 862
32 024
-
-
Dividends
82 246
120 476
-
-
withholding
23 028
33 734
-
-
total
23 028
33 734
-
-
Income
152 500
152 500
152 500
152 500
Total tax
66 120
65 758
80 789
69 952
After tax
86 380
86 742
71 711
82 548
Living cost
27 163
27 163
27 163
27 163
Free-cash
59 217
59 579
44 548
55 385

Estimated living cost  is ₽27163 per week

₽19239
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1887
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.
₽5556
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽66542
₽50451
₽46223
₽59539
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
152 500
income
-
-
-
38 622
unemployment
-
-
-
654
other
-
-
-
94
pensions
-
-
-
26 428
accident
-
-
-
841
total
-
-
-
66 639
Employee
48 660
-
122 728
-
pensions
2 287
-
4 390
-
unemployment
753
-
1 447
-
other
48
-
94
-
income
10 163
-
35 163
-
total
13 251
-
41 094
-
Employer
48 660
-
122 728
-
accident
964
-
1 849
-
unemployment
2 677
-
5 136
-
pensions
11 484
-
22 040
-
other
390
-
748
-
total
15 515
-
29 773
-
Corporate
88 326
152 500
-
-
income

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

13 248
22 875
-
-
total
13 248
22 875
-
-
Dividends
75 078
129 625
-
-
withholding
15 537
27 673
-
-
total
15 537
27 673
-
-
Income
152 500
152 500
152 500
152 500
Total tax
57 551
50 548
70 867
66 639
After tax
94 949
101 952
81 633
85 861
Living cost
35 410
35 410
35 410
35 410
Free-cash
59 539
66 542
46 223
50 451

Estimated living cost  is ₽35410 per week

₽25430
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2753
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽499
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6728
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽113050
₽102889
₽108601
₽106910
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
152 500
income
-
-
-
22 875
unemployment
-
-
-
141
health
-
-
-
4 048
pensions

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

-
-
-
5 210
total
-
-
-
32 274
Employee
22 957
-
145 593
-
pensions

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

2 015
-
3 091
-
income
2 296
-
14 559
-
health
1 056
-
1 619
-
accident

We are using the highest rate at 1.1%.

252
-
387
-
total
5 619
-
19 656
-
Employer
22 957
-
145 593
-
accident

We are using the highest rate at 1.1%.

252
-
387
-
unemployment
138
-
211
-
health
1 584
-
2 429
-
pensions

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

2 530
-
3 879
-
total
4 504
-
6 906
-
Corporate
125 039
152 500
-
-
income
12 503
15 250
-
-
total
12 503
15 250
-
-
Dividends
112 535
137 250
-
-
withholding
5 627
6 863
-
-
total
5 627
6 863
-
-
Income
152 500
152 500
152 500
152 500
Total tax
28 253
22 113
26 562
32 274
After tax
124 247
130 387
125 938
120 226
Living cost
17 337
17 337
17 337
17 337
Free-cash
106 910
113 050
108 601
102 889

Estimated living cost  is ₽17337 per week

₽11467
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽993
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽414
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4465
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽39627
₽44746
₽59908
₽52805
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
152 500
income

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

-
-
-
44 370
trade
-
-
-
15 162
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.

-
-
-
6 883
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.

-
-
-
2 440
total
-
-
-
68 855
Employee

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

50 132
-
152 500
-
income

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

4 122
-
44 370
-
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.

6 883
-
6 883
-
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.

228
-
2 440
-
total
11 233
-
53 693
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
102 368
152 500
-
-
surtax

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

845
1 258
-
-
trade
14 690
21 883
-
-
chamber of commerce
304
377
-
-
income
15 355
22 875
-
-
total
31 194
46 393
-
-
Dividends
71 174
106 107
-
-
surtax

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

958
1 438
-
-
withholding
17 411
26 143
-
-
total
18 369
27 581
-
-
Income
152 500
152 500
152 500
152 500
Total tax
60 796
73 974
53 693
68 855
After tax
91 704
78 526
98 807
83 645
Living cost
38 899
38 899
38 899
38 899
Free-cash
52 805
39 627
59 908
44 746

Estimated living cost  is ₽38899 per week

₽26833
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4185
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.
₽7315
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽49355
₽25895
₽25895
₽51581
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
152 500
income
-
-
-
44 347
social contributions
-
-
-
24 864
total
-
-
-
69 211
Employee
78 813
-
152 500
-
income
14 872
-
44 347
-
social contributions
6 548
-
24 864
-
total
21 420
-
69 211
-
Employer
78 813
-
152 500
-
total
-
-
-
-
Corporate
73 687
152 500
-
-
income
9 210
19 063
-
-
total
9 210
19 063
-
-
Dividends
64 477
133 437
-
-
withholding
12 895
26 688
-
-
total
12 895
26 688
-
-
Income
152 500
152 500
152 500
152 500
Total tax
43 525
45 751
69 211
69 211
After tax
108 975
106 749
83 289
83 289
Living cost
57 394
57 394
57 394
57 394
Free-cash
51 581
49 355
25 895
25 895

Estimated living cost  is ₽57394 per week

₽43665
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4677
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽549
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8505
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽57227
₽80495
₽73379
₽60749
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
152 500
income
-
-
-
28 680
health

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

-
-
-
6 751
total
-
-
-
35 431
Employee
46 220
-
147 865
-
income
5 015
-
33 277
-
social contributions
4 631
-
4 635
-
total
9 646
-
37 912
-
Employer
46 220
-
147 865
-
social contributions
4 631
-
4 635
-
total
4 631
-
4 635
-
Corporate
101 649
152 500
-
-
income
35 577
53 376
-
-
total
35 577
53 376
-
-
Dividends
66 072
99 124
-
-
social contributions
5 323
5 323
-
-
total
5 323
5 323
-
-
Income
152 500
152 500
152 500
152 500
Total tax
55 177
58 699
42 547
35 431
After tax
97 323
93 801
109 953
117 069
Living cost
36 574
36 574
36 574
36 574
Free-cash
60 749
57 227
73 379
80 495

Estimated living cost  is ₽36574 per week

₽24091
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2883
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽560
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9038
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽64911
₽65338
₽51386
₽70719
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
152 500
income
-
-
-
40 742
pensions
-
-
-
8 620
total
-
-
-
49 362
Employee
51 886
-
133 466
-
pensions
3 960
-
10 798
-
income
9 449
-
31 441
-
health
677
-
2 040
-
total
14 086
-
44 279
-
Employer
51 886
-
133 466
-
health
986
-
2 535
-
pensions
5 242
-
16 500
-
total
6 228
-
19 035
-
Corporate
94 386
152 500
-
-
income

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

17 934
28 974
-
-
total
17 934
28 974
-
-
Dividends
76 452
123 526
-
-
withholding
5 733
20 815
-
-
total
5 733
20 815
-
-
Income
152 500
152 500
152 500
152 500
Total tax
43 981
49 789
63 314
49 362
After tax
108 519
102 711
89 186
103 138
Living cost
37 800
37 800
37 800
37 800
Free-cash
70 719
64 911
51 386
65 338

Estimated living cost  is ₽37800 per week

₽25930
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3476
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽473
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7918
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽11746
₽80244
₽57833
₽8656
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
152 500
income
-
-
-
41 112
other
-
-
-
375
health
-
-
-
2 206
pensions
-
-
-
4 209
accident
-
-
-
255
total
-
-
-
48 157
Employee
37 909
-
135 761
-
pensions
4 269
-
7 718
-
income
5 201
-
30 566
-
health
4 340
-
15 545
-
total
13 810
-
53 829
-
Employer
37 909
-
135 761
-
accident
633
-
2 267
-
unemployment
929
-
3 326
-
pensions
6 164
-
11 146
-
total
7 726
-
16 739
-
Corporate
106 865
152 500
-
-
income

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

96 179
137 250
-
-
total
96 179
137 250
-
-
Dividends
10 686
15 250
-
-
withholding
2 030
2 897
-
-
total
2 030
2 897
-
-
Income
152 500
152 500
152 500
152 500
Total tax
119 745
140 147
70 568
48 157
After tax
32 755
12 353
81 932
104 343
Living cost
24 099
24 099
24 099
24 099
Free-cash
8 656
-11 746
57 833
80 244

Estimated living cost  is ₽24099 per week

₽17686
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1404
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.
₽4523
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

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

Source of data for Warsaw model

Close
Skopje , Macedonia
₽114732
₽72198
₽91999
₽110021
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
152 500
income
-
-
-
24 768
unemployment
-
-
-
1 830
work injury
-
-
-
762
health insurance
-
-
-
11 285
pensions
-
-
-
28 060
total
-
-
-
66 705
Employee

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

21 756
-
152 500
-
pensions
4 003
-
14 811
-
unemployment
261
-
966
-
work injury
109
-
402
-
health insurance
1 610
-
5 957
-
income
2 176
-
24 768
-
total
8 159
-
46 904
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
130 744
152 500
-
-
income

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

1 307
1 525
-
-
total
1 307
1 525
-
-
Dividends
129 437
150 975
-
-
withholding
19 416
22 646
-
-
total
19 416
22 646
-
-
Income
152 500
152 500
152 500
152 500
Total tax
28 882
24 171
46 904
66 705
After tax
123 618
128 329
105 596
85 795
Living cost
13 597
13 597
13 597
13 597
Free-cash
110 021
114 732
91 999
72 198

Estimated living cost  is ₽13597 per week

₽8424
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽988
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽424
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3761
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Skopje model

Close
Rome , Italy
₽40189
₽32402
₽25613
₽35605
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
152 500
municipal
-
-
-
1 019
regional
-
-
-
3 466
social contributions
-
-
-
39 223
national
-
-
-
36 252
total
-
-
-
79 960
Employee
84 902
-
152 500
-
municipal
507
-
910
-
national
14 348
-
31 372
-
social contributions
28 629
-
51 424
-
regional
1 282
-
3 043
-
total
44 766
-
86 749
-
Employer
84 902
-
152 500
-
total
-
-
-
-
Corporate
67 598
152 500
-
-
municipal
3 258
7 350
-
-
nationa
16 223
36 600
-
-
total
19 481
43 950
-
-
Dividends
48 116
108 550
-
-
withholding
12 510
28 223
-
-
total
12 510
28 223
-
-
Income
152 500
152 500
152 500
152 500
Total tax
76 757
72 173
86 749
79 960
After tax
75 743
80 327
65 751
72 540
Living cost
40 138
40 138
40 138
40 138
Free-cash
35 605
40 189
25 613
32 402

Estimated living cost  is ₽40138 per week

₽28195
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2761
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽606
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8575
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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

Close
[[ place.name ]], [[ place.country ]]

[[ row[2] ]] [[ row[0] ]]

Estimated living cost

Adjust living cost [[ detailsButtonText ]] Source

Additional information

Source

[[ $tc('message.data_source', {city: place.name}) ]] [[ place.name ]]

Close

[[ row[2] ]] [[ row[0] ]]

Estimated living cost

Adjust living cost [[ detailsButtonText ]] Source

Additional information

Source

[[ $tc('message.data_source', {city: place.name}) ]] [[ place.name ]]

Close