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
₽ 153500
per

Your estimated
City
free-cash

Dresden , Germany
₽47484
₽69146
₽52215
₽58430
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
153 500
income

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

-
-
-
45 143
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.

-
-
-
2 482
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.

-
-
-
6 760
trade
-
-
-
16 931
total
-
-
-
71 316
Employee

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

37 844
-
153 500
-
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.

58
-
2 482
-
income

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

1 057
-
45 143
-
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.

6 760
-
6 760
-
total
7 875
-
54 385
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
115 656
153 500
-
-
income
17 348
23 026
-
-
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.

954
1 266
-
-
chamber of commerce
317
370
-
-
trade
18 215
24 177
-
-
total
36 834
48 839
-
-
Dividends
78 822
104 662
-
-
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.

1 063
1 418
-
-
withholding
19 329
25 790
-
-
total
20 392
27 208
-
-
Income
153 500
153 500
153 500
153 500
Total tax
65 101
76 047
54 385
71 316
After tax
88 399
77 453
99 115
82 184
Living cost
29 969
29 969
29 969
29 969
Free-cash
58 430
47 484
69 146
52 215

Estimated living cost  is ₽29969 per week

₽18852
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3494
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.
₽7064
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽43382
₽39874
₽38671
₽42511
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
153 500
social contributions
-
-
-
1 650
municipal
-
-
-
16 613
national
-
-
-
25 744
pensions
-
-
-
18 420
total
-
-
-
62 427
Employee
81 232
-
132 699
-
municipal
10 033
-
17 208
-
pensions
3 249
-
5 308
-
national
15 548
-
26 665
-
total
28 830
-
49 181
-
Employer
81 232
-
132 699
-
pensions
6 499
-
10 616
-
social contributions
873
-
1 427
-
total
7 372
-
12 043
-
Corporate
59 535
153 500
-
-
income

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

11 907
30 700
-
-
total
11 907
30 700
-
-
Dividends
47 628
122 800
-
-
withholding
10 478
27 016
-
-
total
10 478
27 016
-
-
Income
153 500
153 500
153 500
153 500
Total tax
58 587
57 716
61 224
62 427
After tax
94 913
95 784
92 276
91 073
Living cost
52 402
52 402
52 402
52 402
Free-cash
42 511
43 382
39 874
38 671

Estimated living cost  is ₽52402 per week

₽35617
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4871
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽784
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽11129
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽102215
₽72285
₽30404
₽94098
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
153 500
income
-
-
-
25 459
surtax
-
-
-
39 142
social contributions

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

-
-
-
37 910
microenterprise
-
-
-
-
total
-
-
-
102 511
Employee
28 912
-
111 153
-
surtax
-
-
-
-
social contributions

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

3 181
-
12 227
-
income
5 147
-
21 626
-
total
8 328
-
33 853
-
Employer
28 912
-
111 153
-
social contributions

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

6 964
-
26 777
-
surtax
-
-
-
-
total
6 964
-
26 777
-
Corporate
117 624
153 500
-
-
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%.

23 525
30 700
-
-
total
23 525
30 700
-
-
Dividends

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

94 099
122 800
-
-
total
-
-
-
-
Income
153 500
153 500
153 500
153 500
Total tax
38 817
30 700
60 630
102 511
After tax
114 683
122 800
92 870
50 989
Living cost
20 585
20 585
20 585
20 585
Free-cash
94 098
102 215
72 285
30 404

Estimated living cost  is ₽20585 per week

₽13132
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1960
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽468
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5025
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽34237
₽52197
₽44741
₽28175
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
153 500
income
-
-
-
43 516
health
-
-
-
12 201
pensions
-
-
-
11 593
total
-
-
-
67 310
Employee
84 494
84 494
135 112
-
pensions
15 209
11 593
11 593
-
income

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

13 830
13 830
17 672
-
health
12 969
11 031
12 201
-
total
42 008
36 454
41 466
-
Employer
84 494
84 494
135 112
-
health
5 873
5 873
7 298
-
pensions
5 881
5 881
7 310
-
unemployment
3 042
3 042
3 780
-
total
14 796
14 796
18 388
-
Corporate
55 246
54 210
-
-
income
11 050
10 842
-
-
total
11 050
10 842
-
-
Dividends
44 196
43 368
-
-
income
9 392
9 216
-
-
withholding
6 630
6 506
-
-
total
16 022
15 722
-
-
Income
153 500
153 500
153 500
153 500
Total tax
83 876
77 814
59 854
67 310
After tax
69 624
75 686
93 646
86 190
Living cost
41 449
41 449
41 449
41 449
Free-cash
28 175
34 237
52 197
44 741

Estimated living cost  is ₽41449 per week

₽29374
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3737
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽659
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7680
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽42994
₽38660
₽39650
₽42079
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
153 500
accident
-
-
-
179
other
-
-
-
10 395
unemployment
-
-
-
90
health
-
-
-
5 582
municipal
-
-
-
38 046
national
-
-
-
9 071
pensions
-
-
-
9 670
total
-
-
-
73 033
Employee
58 161
-
125 393
-
municipal
17 344
-
37 392
-
national
-
-
8 523
-
total
17 344
-
45 915
-
Employer
58 161
-
125 393
-
health
3 577
-
5 502
-
pensions
6 287
-
9 670
-
accident
116
-
179
-
unemployment
1 535
-
2 362
-
other
6 758
-
10 395
-
total
18 273
-
28 108
-
Corporate
77 065
153 500
-
-
income
16 954
33 770
-
-
total
16 954
33 770
-
-
Dividends
60 111
119 730
-
-
withholding
18 033
35 919
-
-
total
18 033
35 919
-
-
Income
153 500
153 500
153 500
153 500
Total tax
70 604
69 689
74 023
73 033
After tax
82 896
83 811
79 477
80 467
Living cost
40 817
40 817
40 817
40 817
Free-cash
42 079
42 994
38 660
39 650

Estimated living cost  is ₽40817 per week

₽27052
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4005
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽620
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9140
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽37795
₽60246
₽42562
₽51699
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
153 500
income

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

-
-
-
45 143
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.

-
-
-
2 482
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.

-
-
-
6 760
trade
-
-
-
17 684
total
-
-
-
72 069
Employee

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

50 177
-
153 500
-
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.

237
-
2 482
-
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.

4 311
-
45 143
-
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.

6 760
-
6 760
-
total
11 308
-
54 385
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
103 323
153 500
-
-
income
15 498
23 026
-
-
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.

852
1 266
-
-
chamber of commerce
297
368
-
-
trade
16 997
25 251
-
-
total
33 644
49 911
-
-
Dividends
69 680
103 590
-
-
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.

937
1 404
-
-
withholding
17 043
25 521
-
-
total
17 980
26 925
-
-
Income
153 500
153 500
153 500
153 500
Total tax
62 932
76 836
54 385
72 069
After tax
90 568
76 664
99 115
81 431
Living cost
38 869
38 869
38 869
38 869
Free-cash
51 699
37 795
60 246
42 562

Estimated living cost  is ₽38869 per week

₽25996
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4099
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽580
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8194
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽79953
₽72459
₽73865
₽75852
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
153 500
income
-
-
-
27 618
social contributions
-
-
-
16 009
health
-
-
-
3 915
total
-
-
-
47 542
Employee
76 083
76 083
142 349
-
social contributions
3 697
6 315
8 517
-
income
7 989
7 043
26 860
-
health
757
1 294
2 420
-
total
12 443
14 652
37 797
-
Employer
76 083
76 083
142 349
-
health
824
1 408
2 634
-
social contributions
3 697
6 315
8 517
-
total
4 521
7 723
11 151
-
Corporate
104 443
69 694
-
-
income
13 055
8 712
-
-
total
13 055
8 712
-
-
Dividends
91 387
60 981
-
-
withholding
15 536
10 367
-
-
total
15 536
10 367
-
-
Income
153 500
153 500
153 500
153 500
Total tax
45 555
41 454
48 948
47 542
After tax
107 945
112 046
104 552
105 958
Living cost
32 093
32 093
32 093
32 093
Free-cash
75 852
79 953
72 459
73 865

Estimated living cost  is ₽32093 per week

₽21939
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2507
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽539
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7109
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽68107
₽70818
₽88171
₽68487
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
153 500
income
-
-
-
18 765
unemployment
-
-
-
2 302
health
-
-
-
10 745
pensions
-
-
-
15 350
total
-
-
-
47 162
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.

26 224
10 437
128 452
-
unemployment
393
157
1 927
-
pensions
2 622
1 044
12 845
-
income
3 206
1 276
15 703
-
health
1 836
731
8 992
-
total
8 057
3 208
39 467
-
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.

26 224
10 437
128 452
-
pensions
5 114
2 035
25 048
-
total
5 114
2 035
25 048
-
Corporate
122 162
141 028
-
-
income
10 995
12 693
-
-
total
10 995
12 693
-
-
Dividends
111 167
128 335
-
-
social contributions
21 558
24 906
-
-
withholding
21 122
24 384
-
-
total
42 680
49 290
-
-
Income
153 500
153 500
153 500
153 500
Total tax
66 846
67 226
64 515
47 162
After tax
86 654
86 274
88 985
106 338
Living cost
18 167
18 167
18 167
18 167
Free-cash
68 487
68 107
70 818
88 171

Estimated living cost  is ₽18167 per week

₽12397
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1486
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽363
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3920
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽98901
₽64575
₽58375
₽92755
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
153 500
income
-
-
-
20 570
health
-
-
-
19 956
pensions
-
-
-
30 700
total
-
-
-
71 226
Employee
28 069
-
114 723
-
unemployment
449
-
1 836
-
pensions
561
-
2 294
-
income
3 160
-
22 119
-
total
4 170
-
26 249
-
Employer
28 069
-
114 723
-
health
3 648
-
14 914
-
pensions
5 614
-
22 945
-
unemployment
225
-
918
-
total
9 487
-
38 777
-
Corporate
115 943
153 500
-
-
income
23 189
30 700
-
-
total
23 189
30 700
-
-
Dividends
92 754
122 800
-
-
total
-
-
-
-
Income
153 500
153 500
153 500
153 500
Total tax
36 846
30 700
65 026
71 226
After tax
116 654
122 800
88 474
82 274
Living cost
23 899
23 899
23 899
23 899
Free-cash
92 755
98 901
64 575
58 375

Estimated living cost  is ₽23899 per week

₽16392
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1423
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽481
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5603
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽9629
₽60503
₽82954
₽9050
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
153 500
accident
-
-
-
253
income
-
-
-
41 499
other
-
-
-
372
health
-
-
-
2 187
pensions
-
-
-
4 173
total
-
-
-
48 484
Employee
34 705
-
136 815
-
pensions
3 908
-
7 651
-
income
4 761
-
30 934
-
health
3 974
-
15 665
-
total
12 643
-
54 250
-
Employer
34 705
-
136 815
-
pensions
5 643
-
11 048
-
accident
579
-
2 285
-
unemployment
850
-
3 352
-
total
7 072
-
16 685
-
Corporate
111 722
153 500
-
-
income

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

100 550
138 150
-
-
total
100 550
138 150
-
-
Dividends
11 172
15 350
-
-
withholding
2 123
2 917
-
-
total
2 123
2 917
-
-
Income
153 500
153 500
153 500
153 500
Total tax
122 388
141 067
70 935
48 484
After tax
31 112
12 433
82 565
105 016
Living cost
22 062
22 062
22 062
22 062
Free-cash
9 050
-9 629
60 503
82 954

Estimated living cost  is ₽22062 per week

₽16170
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1222
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽460
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4210
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽137725
₽114700
₽143865
₽136206
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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%.

-
-
-
153 500
microenterprise

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

-
-
-
1 535
total
-
-
-
1 535
Employee
10 125
-
153 500
-
income
2 025
-
30 700
-
total
2 025
-
30 700
-
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%.

143 375
153 500
-
-
total
-
-
-
-
Dividends
143 375
153 500
-
-
withholding
7 169
7 675
-
-
total
7 169
7 675
-
-
Income
153 500
153 500
153 500
153 500
Total tax
9 194
7 675
30 700
1 535
After tax
144 306
145 825
122 800
151 965
Living cost
8 100
8 100
8 100
8 100
Free-cash
136 206
137 725
114 700
143 865

Estimated living cost  is ₽8100 per week

₽5020
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽673
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽223
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2184
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽86410
₽61132
₽55538
₽79730
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
153 500
income
-
-
-
21 719
other
-
-
-
7 146
health
-
-
-
6 621
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.

-
-
-
36 111
total
-
-
-
71 597
Employee
35 926
-
122 603
-
unemployment
359
-
1 226
-
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.

2 514
-
8 583
-
income
6 185
-
23 583
-
health
503
-
1 716
-
total
9 561
-
35 108
-
Employer
35 926
-
122 603
-
health
503
-
1 716
-
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.

6 108
-
20 842
-
accident
287
-
980
-
unemployment
359
-
1 226
-
other
1 797
-
6 131
-
total
9 054
-
30 895
-
Corporate
108 520
153 500
-
-
income
22 789
32 236
-
-
total
22 789
32 236
-
-
Dividends
85 731
121 264
-
-
withholding
6 001
8 489
-
-
total
6 001
8 489
-
-
Income
153 500
153 500
153 500
153 500
Total tax
47 405
40 725
66 003
71 597
After tax
106 095
112 775
87 497
81 903
Living cost
26 365
26 365
26 365
26 365
Free-cash
79 730
86 410
61 132
55 538

Estimated living cost  is ₽26365 per week

₽18628
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1780
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.
₽5532
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽36716
₽23364
₽37370
₽35533
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
153 500
income
-
-
-
41 729
pensions
-
-
-
8 466
total
-
-
-
50 195
Employee
93 288
-
134 278
-
pensions
9 000
-
10 561
-
income
16 816
-
32 392
-
health
1 537
-
2 026
-
total
27 353
-
44 979
-
Employer
93 288
-
134 278
-
health
1 772
-
2 551
-
pensions
11 015
-
16 671
-
total
12 787
-
19 222
-
Corporate
47 426
153 500
-
-
income

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

9 011
29 166
-
-
total
9 011
29 166
-
-
Dividends
38 416
124 334
-
-
withholding
2 881
21 683
-
-
total
2 881
21 683
-
-
Income
153 500
153 500
153 500
153 500
Total tax
52 032
50 849
64 201
50 195
After tax
101 468
102 651
89 299
103 305
Living cost
65 935
65 935
65 935
65 935
Free-cash
35 533
36 716
23 364
37 370

Estimated living cost  is ₽65935 per week

₽49406
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽7747
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽536
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8246
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽118269
₽114068
₽108272
₽113672
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
153 500
income
-
-
-
23 025
unemployment
-
-
-
138
health
-
-
-
3 975
pensions

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

-
-
-
5 116
total
-
-
-
32 254
Employee
17 180
-
146 719
-
accident

We are using the highest rate at 1.1%.

189
-
380
-
pensions

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

1 508
-
3 035
-
income
1 718
-
14 672
-
health
790
-
1 590
-
total
4 205
-
19 677
-
Employer
17 180
-
146 719
-
health
1 186
-
2 385
-
pensions

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

1 893
-
3 809
-
accident

We are using the highest rate at 1.1%.

189
-
380
-
unemployment
103
-
207
-
total
3 371
-
6 781
-
Corporate
132 949
153 500
-
-
income
13 295
15 350
-
-
total
13 295
15 350
-
-
Dividends
119 654
138 150
-
-
withholding
5 983
6 907
-
-
total
5 983
6 907
-
-
Income
153 500
153 500
153 500
153 500
Total tax
26 854
22 257
26 458
32 254
After tax
126 646
131 243
127 042
121 246
Living cost
12 974
12 974
12 974
12 974
Free-cash
113 672
118 269
114 068
108 272

Estimated living cost  is ₽12974 per week

₽7575
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽927
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽344
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4130
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽20820
₽38780
₽31324
₽23310
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
153 500
income
-
-
-
43 516
health
-
-
-
12 201
pensions
-
-
-
11 593
total
-
-
-
67 310
Employee
91 734
84 494
135 112
-
pensions
11 593
11 593
11 593
-
income

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

13 830
13 830
17 672
-
health
11 444
11 031
12 201
-
total
36 867
36 454
41 466
-
Employer
91 734
84 494
135 112
-
health
6 375
5 873
7 298
-
pensions
6 384
5 881
7 310
-
unemployment
3 303
3 042
3 780
-
total
16 062
14 796
18 388
-
Corporate
45 705
54 210
-
-
income
9 140
10 842
-
-
total
9 140
10 842
-
-
Dividends
36 564
43 368
-
-
income
7 770
9 216
-
-
withholding
5 485
6 506
-
-
total
13 255
15 722
-
-
Income
153 500
153 500
153 500
153 500
Total tax
75 324
77 814
59 854
67 310
After tax
78 176
75 686
93 646
86 190
Living cost
54 866
54 866
54 866
54 866
Free-cash
23 310
20 820
38 780
31 324

Estimated living cost  is ₽54866 per week

₽40473
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4901
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽629
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8864
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽81099
₽53309
₽58203
₽72327
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
153 500
income
-
-
-
14 610
social contributions
-
-
-
35 378
solidarity contribution
-
-
-
-
health
-
-
-
20 723
total
-
-
-
70 711
Employee
36 156
-
114 552
-
solidarity contribution
-
-
-
-
social contributions
2 350
-
7 446
-
income
4 339
-
13 746
-
health
4 881
-
15 465
-
total
11 570
-
36 657
-
Employer
36 156
-
114 552
-
health
3 254
-
10 310
-
social contributions
9 039
-
28 638
-
total
12 293
-
38 948
-
Corporate
105 051
153 500
-
-
income
19 960
29 165
-
-
total
19 960
29 165
-
-
Dividends
85 091
124 335
-
-
withholding
12 764
18 650
-
-
total
12 764
18 650
-
-
Income
153 500
153 500
153 500
153 500
Total tax
56 587
47 815
75 605
70 711
After tax
96 913
105 685
77 895
82 789
Living cost
24 586
24 586
24 586
24 586
Free-cash
72 327
81 099
53 309
58 203

Estimated living cost  is ₽24586 per week

₽17078
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1749
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽484
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5276
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽40148
₽25849
₽32826
₽34981
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
153 500
social contributions
-
-
-
39 480
regional
-
-
-
1 790
municipal
-
-
-
913
national
-
-
-
36 740
total
-
-
-
78 923
Employee
87 936
-
153 500
-
municipal
466
-
813
-
national
15 237
-
31 751
-
regional
830
-
1 577
-
social contributions
29 652
-
51 759
-
total
46 185
-
85 900
-
Employer
87 936
-
153 500
-
total
-
-
-
-
Corporate
65 564
153 500
-
-
municipal
2 557
5 986
-
-
nationa
15 735
36 840
-
-
total
18 292
42 826
-
-
Dividends
47 272
110 674
-
-
withholding
12 291
28 775
-
-
total
12 291
28 775
-
-
Income
153 500
153 500
153 500
153 500
Total tax
76 768
71 601
85 900
78 923
After tax
76 732
81 899
67 600
74 577
Living cost
41 751
41 751
41 751
41 751
Free-cash
34 981
40 148
25 849
32 826

Estimated living cost  is ₽41751 per week

₽29104
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2738
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽640
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9268
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽74718
₽45690
₽51012
₽71637
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
153 500
income
-
-
-
38 974
other
-
-
-
-
surtax
-
-
-
5 669
unemployment
-
-
-
225
health
-
-
-
9 375
pensions
-
-
-
26 411
total
-
-
-
80 654
Employee
32 720
-
126 807
-
other
-
-
-
-
unemployment
2 278
-
8 825
-
pensions
2 182
-
8 459
-
surtax
107
-
4 829
-
income
5 485
-
33 937
-
health
836
-
3 233
-
total
10 888
-
59 283
-
Employer
32 720
-
126 807
-
health
1 489
-
5 770
-
pensions
4 362
-
16 903
-
unemployment
1 036
-
4 020
-
other
-
-
-
-
total
6 887
-
26 693
-
Corporate
113 892
153 500
-
-
income
29 612
39 910
-
-
total
29 612
39 910
-
-
Dividends
84 280
113 590
-
-
withholding
12 642
17 038
-
-
total
12 642
17 038
-
-
Income
153 500
153 500
153 500
153 500
Total tax
60 029
56 948
85 976
80 654
After tax
93 471
96 552
67 524
72 846
Living cost
21 834
21 834
21 834
21 834
Free-cash
71 637
74 718
45 690
51 012

Estimated living cost  is ₽21834 per week

₽13350
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2015
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽503
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5965
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽57606
₽44254
₽58260
₽62207
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
153 500
income
-
-
-
41 729
pensions
-
-
-
8 466
total
-
-
-
50 195
Employee
62 519
-
134 278
-
pensions
5 306
-
10 561
-
income
11 260
-
32 392
-
health
908
-
2 026
-
total
17 474
-
44 979
-
Employer
62 519
-
134 278
-
health
1 188
-
2 551
-
pensions
6 768
-
16 671
-
total
7 956
-
19 222
-
Corporate
83 026
153 500
-
-
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.

15 774
29 166
-
-
total
15 774
29 166
-
-
Dividends
67 252
124 334
-
-
withholding
5 044
21 683
-
-
total
5 044
21 683
-
-
Income
153 500
153 500
153 500
153 500
Total tax
46 248
50 849
64 201
50 195
After tax
107 252
102 651
89 299
103 305
Living cost
45 045
45 045
45 045
45 045
Free-cash
62 207
57 606
44 254
58 260

Estimated living cost  is ₽45045 per week

₽33747
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3376
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽471
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7449
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽8015
₽39849
₽47311
₽25445
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
153 500
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.

-
-
-
3 069
regional
-
-
-
6 912
health
-
-
-
345
city
-
-
-
1 617
national
-
-
-
1 915
pensions
-
-
-
14 123
total
-
-
-
27 981
Employee
91 524
-
137 390
-
unemployment
-
-
-
-
pensions
7 689
-
11 542
-
national
433
-
1 559
-
regional
2 997
-
5 958
-
city
982
-
1 476
-
health
207
-
309
-
total
12 308
-
20 844
-
Employer
91 524
-
137 390
-
health
207
-
309
-
pensions
7 689
-
11 542
-
unemployment
-
-
-
-
other

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

1 830
-
2 748
-
total
9 726
-
14 599
-
Corporate
51 244
153 500
-
-
regional
10 839
32 464
-
-
national
4 355
13 048
-
-
total
15 194
45 512
-
-
Dividends
36 050
107 987
-
-
withholding
12 619
37 795
-
-
total
12 619
37 795
-
-
Income
153 500
153 500
153 500
153 500
Total tax
49 847
83 307
35 443
27 981
After tax
103 653
70 193
118 057
125 519
Living cost
78 208
78 208
78 208
78 208
Free-cash
25 445
-8 015
39 849
47 311

Estimated living cost  is ₽78208 per week

₽50858
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽7018
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽960
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽19372
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽30548
₽53788
₽35351
₽46596
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
153 500
income

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

-
-
-
45 143
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.

-
-
-
2 482
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.

-
-
-
6 760
trade
-
-
-
18 437
total
-
-
-
72 822
Employee

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

59 464
-
153 500
-
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.

385
-
2 482
-
income

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

6 992
-
45 143
-
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.

6 760
-
6 760
-
total
14 137
-
54 385
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
94 036
153 500
-
-
income
14 105
23 026
-
-
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.

775
1 266
-
-
chamber of commerce
282
366
-
-
trade
16 127
26 325
-
-
total
31 289
50 983
-
-
Dividends
62 747
102 518
-
-
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.

841
1 389
-
-
withholding
15 310
25 253
-
-
total
16 151
26 642
-
-
Income
153 500
153 500
153 500
153 500
Total tax
61 577
77 625
54 385
72 822
After tax
91 923
75 875
99 115
80 678
Living cost
45 327
45 327
45 327
45 327
Free-cash
46 596
30 548
53 788
35 351

Estimated living cost  is ₽45327 per week

₽33105
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3626
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽590
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8008
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽43513
₽52827
₽52986
₽49356
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
153 500
income
-
-
-
22 336
other
-
-
-
4 758
surtax
-
-
-
-
social contributions
-
-
-
4 375
health
-
-
-
5 841
pensions
-
-
-
29 352
total
-
-
-
66 662
Employee
42 347
-
120 102
-
pensions
4 788
-
7 809
-
surtax
-
-
-
-
social contributions
1 207
-
3 421
-
income
2 499
-
22 195
-
total
8 494
-
33 425
-
Employer
42 347
-
120 102
-
health
2 965
-
10 471
-
pensions
6 957
-
13 244
-
unemployment
1 714
-
4 865
-
social contributions
128
-
361
-
other
1 461
-
4 455
-
total
13 225
-
33 396
-
Corporate
97 929
153 500
-
-
income
27 419
42 980
-
-
surtax
-
-
-
-
total
27 419
42 980
-
-
Dividends
70 510
110 520
-
-
surtax
-
-
-
-
social contributions
12 128
19 009
-
-
withholding
9 026
14 146
-
-
total
21 154
33 155
-
-
Income
153 500
153 500
153 500
153 500
Total tax
70 292
76 135
66 821
66 662
After tax
83 208
77 365
86 679
86 838
Living cost
33 852
33 852
33 852
33 852
Free-cash
49 356
43 513
52 827
52 986

Estimated living cost  is ₽33852 per week

₽21345
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.
₽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.
₽9180
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽46867
₽56181
₽56340
₽52365
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
153 500
income
-
-
-
22 336
other
-
-
-
4 758
surtax
-
-
-
-
social contributions
-
-
-
4 375
health
-
-
-
5 841
pensions
-
-
-
29 352
total
-
-
-
66 662
Employee
37 800
-
120 102
-
pensions
4 275
-
7 809
-
surtax
-
-
-
-
social contributions
1 078
-
3 421
-
income
1 949
-
22 195
-
total
7 302
-
33 425
-
Employer
37 800
-
120 102
-
health
2 646
-
10 471
-
pensions
6 211
-
13 244
-
unemployment
1 530
-
4 865
-
social contributions
113
-
361
-
other
1 305
-
4 455
-
total
11 805
-
33 396
-
Corporate
103 895
153 500
-
-
income
29 090
42 980
-
-
surtax
-
-
-
-
total
29 090
42 980
-
-
Dividends
74 804
110 520
-
-
surtax
-
-
-
-
social contributions
12 866
19 009
-
-
withholding
9 574
14 146
-
-
total
22 440
33 155
-
-
Income
153 500
153 500
153 500
153 500
Total tax
70 637
76 135
66 821
66 662
After tax
82 863
77 365
86 679
86 838
Living cost
30 498
30 498
30 498
30 498
Free-cash
52 365
46 867
56 181
56 340

Estimated living cost  is ₽30498 per week

₽17688
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3098
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽578
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9135
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽72668
₽75042
₽77595
₽73185
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
153 500
income
-
-
-
23 026
social contributions
-
-
-
21 184
health
-
-
-
10 714
total
-
-
-
54 924
Employee
33 548
-
153 500
-
social contributions
4 630
-
21 184
-
income
5 595
-
25 579
-
health
2 341
-
10 714
-
total
12 566
-
57 477
-
Employer
33 548
-
153 500
-
total
-
-
-
-
Corporate
119 952
153 500
-
-
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%.

5 997
7 676
-
-
total
5 997
7 676
-
-
Dividends
113 955
145 824
-
-
social contributions
15 725
20 123
-
-
withholding
17 092
21 873
-
-
health
7 954
10 179
-
-
total
40 771
52 175
-
-
Income
153 500
153 500
153 500
153 500
Total tax
59 334
59 851
57 477
54 924
After tax
94 166
93 649
96 023
98 576
Living cost
20 981
20 981
20 981
20 981
Free-cash
73 185
72 668
75 042
77 595

Estimated living cost  is ₽20981 per week

₽14041
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1294
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽483
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5162
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽50265
₽5275
₽43861
₽48736
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
153 500
income
-
-
-
37 670
surtax
-
-
-
195
unemployment
-
-
-
6 069
chamber of commerce
-
-
-
614
health
-
-
-
8 842
pensions
-
-
-
21 385
total
-
-
-
74 775
Employee
49 448
39 431
119 736
-
other
494
394
1 157
-
unemployment
1 483
1 183
3 468
-
pensions
5 064
4 037
11 837
-
income
5 629
2 908
29 667
-
health
1 913
1 527
4 473
-
total
14 583
10 049
50 602
-
Employer
49 448
39 431
119 736
-
chamber of commerce
197
158
479
-
health
1 868
1 491
4 369
-
pensions
6 206
4 949
14 507
-
accident
642
513
1 502
-
unemployment
1 483
1 183
3 468
-
surtax
195
195
195
-
payroll
1 483
1 183
3 592
-
other
2 349
1 872
5 652
-
total
14 423
11 544
33 764
-
Corporate
89 628
102 525
115 981
-
income

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

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

22 408
25 632
28 995
-
total
22 408
25 632
28 995
-
Dividends
67 220
76 894
-
-
withholding
18 486
21 146
-
-
total
18 486
21 146
-
-
Income
153 500
153 500
153 500
153 500
Total tax
69 900
68 371
113 361
74 775
After tax
83 600
85 129
40 139
78 725
Living cost
34 864
34 864
34 864
34 864
Free-cash
48 736
50 265
5 275
43 861

Estimated living cost  is ₽34864 per week

₽23253
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2974
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽573
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8065
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽49815
₽19125
₽30674
₽34977
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
153 500
communal

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

-
-
-
7 775
social contributions
-
-
-
23 907
national
-
-
-
55 068
total
-
-
-
86 750
Employee

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

70 775
-
118 893
-
unemployment

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

616
-
1 035
-
communal

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

3 691
-
6 202
-
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.

5 308
-
8 917
-
national
21 759
-
41 949
-
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.

3 325
-
5 588
-
total
34 699
-
63 691
-
Employer

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

70 775
-
118 893
-
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.

4 352
-
7 312
-
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.

6 271
-
10 534
-
accident

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

920
-
1 545
-
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.

1 033
-
1 735
-
surtax
8 025
-
13 482
-
total
20 601
-
34 608
-
Corporate
62 123
153 500
-
-
income
12 424
30 700
-
-
surtax
248
614
-
-
total
12 672
31 314
-
-
Dividends
49 451
122 186
-
-
withholding

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

14 475
36 295
-
-
total
14 475
36 295
-
-
Income
153 500
153 500
153 500
153 500
Total tax
82 447
67 609
98 299
86 750
After tax
71 053
85 891
55 201
66 750
Living cost
36 076
36 076
36 076
36 076
Free-cash
34 977
49 815
19 125
30 674

Estimated living cost  is ₽36076 per week

₽23238
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3154
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽565
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9120
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽66835
₽46493
₽50644
₽59684
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
153 500
accident
-
-
-
826
income
-
-
-
39 610
other
-
-
-
92
unemployment
-
-
-
642
pensions
-
-
-
25 953
total
-
-
-
67 123
Employee
49 252
-
124 263
-
other
49
-
92
-
unemployment
764
-
1 421
-
pensions
2 315
-
4 311
-
income
10 392
-
36 213
-
total
13 520
-
42 037
-
Employer
49 252
-
124 263
-
pensions
11 623
-
21 644
-
accident
975
-
1 816
-
unemployment
2 709
-
5 043
-
other
392
-
734
-
total
15 699
-
29 237
-
Corporate
88 549
153 500
-
-
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.

13 283
23 026
-
-
total
13 283
23 026
-
-
Dividends
75 266
130 474
-
-
withholding
15 581
27 906
-
-
total
15 581
27 906
-
-
Income
153 500
153 500
153 500
153 500
Total tax
58 083
50 932
71 274
67 123
After tax
95 417
102 568
82 226
86 377
Living cost
35 733
35 733
35 733
35 733
Free-cash
59 684
66 835
46 493
50 644

Estimated living cost  is ₽35733 per week

₽26313
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2535
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽514
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6369
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽37219
₽30568
₽24450
₽25609
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
153 500
communal
-
-
-
9 702
accident
-
-
-
1 294
income
-
-
-
22 882
surtax
-
-
-
7 610
health
-
-
-
10 785
pensions
-
-
-
23 007
total
-
-
-
75 280
Employee
74 930
-
137 114
-
pensions
5 993
-
10 969
-
surtax
4 593
-
8 403
-
income
7 237
-
27 302
-
health
3 335
-
6 102
-
total
21 158
-
52 776
-
Employer
74 930
-
137 114
-
health
2 285
-
4 183
-
pensions
5 993
-
10 969
-
accident
674
-
1 234
-
total
8 952
-
16 386
-
Corporate
69 618
153 500
-
-
communal
4 700
10 361
-
-
income
10 444
23 026
-
-
surtax
730
1 611
-
-
total
15 874
34 998
-
-
Dividends
53 744
118 502
-
-
income
20 076
9 737
-
-
withholding
8 061
17 776
-
-
total
28 137
27 513
-
-
Income
153 500
153 500
153 500
153 500
Total tax
74 121
62 511
69 162
75 280
After tax
79 379
90 989
84 338
78 220
Living cost
53 770
53 770
53 770
53 770
Free-cash
25 609
37 219
30 568
24 450

Estimated living cost  is ₽53770 per week

₽40336
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3258
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽569
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9606
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽74328
₽45300
₽50622
₽71179
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
153 500
income
-
-
-
38 974
other
-
-
-
-
surtax
-
-
-
5 669
unemployment
-
-
-
225
health
-
-
-
9 375
pensions
-
-
-
26 411
total
-
-
-
80 654
Employee
33 321
-
126 807
-
other
-
-
-
-
unemployment
2 319
-
8 825
-
pensions
2 223
-
8 459
-
surtax
118
-
4 829
-
income
5 586
-
33 937
-
health
851
-
3 233
-
total
11 097
-
59 283
-
Employer
33 321
-
126 807
-
health
1 515
-
5 770
-
pensions
4 443
-
16 903
-
unemployment
1 057
-
4 020
-
other
-
-
-
-
total
7 015
-
26 693
-
Corporate
113 164
153 500
-
-
income
29 423
39 910
-
-
total
29 423
39 910
-
-
Dividends
83 741
113 590
-
-
withholding
12 562
17 038
-
-
total
12 562
17 038
-
-
Income
153 500
153 500
153 500
153 500
Total tax
60 097
56 948
85 976
80 654
After tax
93 403
96 552
67 524
72 846
Living cost
22 224
22 224
22 224
22 224
Free-cash
71 179
74 328
45 300
50 622

Estimated living cost  is ₽22224 per week

₽13418
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1932
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.
₽6360
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽54029
₽40458
₽47400
₽51834
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
153 500
social contributions
-
-
-
39 480
regional
-
-
-
2 314
municipal
-
-
-
913
national
-
-
-
36 740
total
-
-
-
79 447
Employee
54 886
-
153 500
-
municipal
291
-
813
-
national
8 695
-
31 751
-
regional
739
-
2 066
-
social contributions
18 508
-
51 759
-
total
28 233
-
86 389
-
Employer
54 886
-
153 500
-
total
-
-
-
-
Corporate
98 614
153 500
-
-
municipal
4 901
7 629
-
-
nationa
23 668
36 840
-
-
total
28 569
44 469
-
-
Dividends
70 046
109 032
-
-
withholding
18 211
28 349
-
-
total
18 211
28 349
-
-
Income
153 500
153 500
153 500
153 500
Total tax
75 013
72 818
86 389
79 447
After tax
78 487
80 682
67 111
74 053
Living cost
26 653
26 653
26 653
26 653
Free-cash
51 834
54 029
40 458
47 400

Estimated living cost  is ₽26653 per week

₽16576
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2700
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽456
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6921
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽75388
₽47598
₽52492
₽64579
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
153 500
income
-
-
-
14 610
social contributions
-
-
-
35 378
solidarity contribution
-
-
-
-
health
-
-
-
20 723
total
-
-
-
70 711
Employee
44 554
-
114 552
-
solidarity contribution
-
-
-
-
social contributions
2 896
-
7 446
-
income
5 346
-
13 746
-
health
6 015
-
15 465
-
total
14 257
-
36 657
-
Employer
44 554
-
114 552
-
health
4 010
-
10 310
-
social contributions
11 138
-
28 638
-
total
15 148
-
38 948
-
Corporate
93 798
153 500
-
-
income
17 822
29 165
-
-
total
17 822
29 165
-
-
Dividends
75 976
124 335
-
-
withholding
11 397
18 650
-
-
total
11 397
18 650
-
-
Income
153 500
153 500
153 500
153 500
Total tax
58 624
47 815
75 605
70 711
After tax
94 876
105 685
77 895
82 789
Living cost
30 297
30 297
30 297
30 297
Free-cash
64 579
75 388
47 598
52 492

Estimated living cost  is ₽30297 per week

₽22530
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1678
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.
₽5564
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽53668
₽8632
₽47353
₽53181
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
153 500
income
-
-
-
37 670
surtax
-
-
-
-
unemployment
-
-
-
6 069
chamber of commerce
-
-
-
614
health
-
-
-
8 842
pensions
-
-
-
21 385
total
-
-
-
74 580
Employee
43 251
39 431
119 918
-
other
432
394
1 157
-
unemployment
1 297
1 183
3 468
-
pensions
4 429
4 037
11 837
-
income
3 853
2 908
29 744
-
health
1 673
1 527
4 473
-
total
11 684
10 049
50 679
-
Employer
43 251
39 431
119 918
-
chamber of commerce
173
158
479
-
health
1 635
1 491
4 369
-
pensions
5 428
4 949
14 507
-
accident
561
513
1 502
-
unemployment
1 297
1 183
3 468
-
surtax
-
-
-
-
payroll
1 297
1 183
3 598
-
other
2 054
1 872
5 659
-
total
12 445
11 349
33 582
-
Corporate
97 802
102 721
116 163
-
income

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

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

24 451
25 681
29 040
-
total
24 451
25 681
29 040
-
Dividends
73 351
77 040
-
-
withholding
20 172
21 186
-
-
total
20 172
21 186
-
-
Income
153 500
153 500
153 500
153 500
Total tax
68 752
68 265
113 301
74 580
After tax
84 748
85 235
40 199
78 920
Living cost
31 567
31 567
31 567
31 567
Free-cash
53 181
53 668
8 632
47 353

Estimated living cost  is ₽31567 per week

₽18936
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3224
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽563
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8844
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽133202
₽110177
₽139342
₽130835
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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%.

-
-
-
153 500
microenterprise

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

-
-
-
1 535
total
-
-
-
1 535
Employee
15 779
-
153 500
-
income
3 156
-
30 700
-
total
3 156
-
30 700
-
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%.

137 721
153 500
-
-
total
-
-
-
-
Dividends
137 721
153 500
-
-
withholding
6 886
7 675
-
-
total
6 886
7 675
-
-
Income
153 500
153 500
153 500
153 500
Total tax
10 042
7 675
30 700
1 535
After tax
143 458
145 825
122 800
151 965
Living cost
12 623
12 623
12 623
12 623
Free-cash
130 835
133 202
110 177
139 342

Estimated living cost  is ₽12623 per week

₽8542
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽530
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽423
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3127
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽79144
₽45420
₽49484
₽70869
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
153 500
income
-
-
-
34 107
unemployment
-
-
-
231
health
-
-
-
15 106
pensions
-
-
-
28 033
total
-
-
-
77 477
Employee

The minimum monthly earnings used to calculate contributions are 54% (gradually rising by two percent until reaching 60% by 2021) of the insured's average monthly wage in the last year.

43 753
-
132 821
-
unemployment
62
-
186
-
pensions
6 782
-
20 587
-
income
7 545
-
31 508
-
health
2 826
-
8 581
-
total
17 215
-
60 862
-
Employer

The minimum monthly earnings used to calculate contributions are 54% (gradually rising by two percent until reaching 60% by 2021) of the insured's average monthly wage in the last year.

43 753
-
132 821
-
health
2 914
-
8 846
-
pensions
3 872
-
11 754
-
unemployment
26
-
79
-
total
6 812
-
20 679
-
Corporate
102 934
153 500
-
-
income
19 558
29 166
-
-
total
19 558
29 166
-
-
Dividends
83 377
124 334
-
-
withholding
12 507
18 651
-
-
total
12 507
18 651
-
-
Income
153 500
153 500
153 500
153 500
Total tax
56 092
47 817
81 541
77 477
After tax
97 408
105 683
71 959
76 023
Living cost
26 539
26 539
26 539
26 539
Free-cash
70 869
79 144
45 420
49 484

Estimated living cost  is ₽26539 per week

₽18213
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1701
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽514
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6112
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽49962
₽96832
₽62654
₽2089
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
153 500
income
-
-
-
29 920
social contributions
-
-
-
17 499
total
-
-
-
47 419
Employee
62 268
-
-
-
social contributions
5 106
-
728
-
income
13 735
-
-
-
total
18 841
-
728
-
Employer
62 268
-
-
-
social contributions
87 798
-
12 513
-
total
87 798
-
12 513
-
Corporate
3 435
153 500
-
-
income
756
33 770
-
-
total
756
33 770
-
-
Dividends
2 679
119 730
-
-
income
589
26 341
-
-
total
589
26 341
-
-
Income
153 500
153 500
153 500
153 500
Total tax
107 984
60 111
13 241
47 419
After tax
45 516
93 389
140 259
106 081
Living cost
43 427
43 427
43 427
43 427
Free-cash
2 089
49 962
96 832
62 654

Estimated living cost  is ₽43427 per week

₽28177
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4084
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽553
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10612
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽56274
₽40867
₽51912
₽55279
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
153 500
income
-
-
-
17 212
surtax
-
-
-
-
social contributions

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

-
-
-
53 340
total
-
-
-
70 552
Employee
45 507
-
124 040
-
surtax
-
-
-
-
social contributions
5 006
-
13 645
-
income
9 466
-
38 493
-
total
14 472
-
52 138
-
Employer
45 507
-
124 040
-
social contributions
10 808
-
29 459
-
total
10 808
-
29 459
-
Corporate
97 186
153 500
-
-
income
20 408
32 236
-
-
surtax
-
-
-
-
total
20 408
32 236
-
-
Dividends
76 777
121 264
-
-
withholding
21 497
33 954
-
-
total
21 497
33 954
-
-
Income
153 500
153 500
153 500
153 500
Total tax
67 185
66 190
81 597
70 552
After tax
86 315
87 310
71 903
82 948
Living cost
31 036
31 036
31 036
31 036
Free-cash
55 279
56 274
40 867
51 912

Estimated living cost  is ₽31036 per week

₽23221
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1831
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽518
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5466
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽29576
₽38890
₽39049
₽36377
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
153 500
income
-
-
-
22 336
other
-
-
-
4 758
surtax
-
-
-
-
social contributions
-
-
-
4 375
health
-
-
-
5 841
pensions
-
-
-
29 352
total
-
-
-
66 662
Employee
61 971
-
120 102
-
pensions
7 009
-
7 809
-
surtax
-
-
-
-
social contributions
1 765
-
3 421
-
income
5 407
-
22 195
-
total
14 181
-
33 425
-
Employer
61 971
-
120 102
-
health
4 337
-
10 471
-
pensions
10 183
-
13 244
-
unemployment
2 510
-
4 865
-
social contributions
186
-
361
-
other
2 139
-
4 455
-
total
19 355
-
33 396
-
Corporate
72 174
153 500
-
-
income
20 209
42 980
-
-
surtax
-
-
-
-
total
20 209
42 980
-
-
Dividends
51 965
110 520
-
-
surtax
-
-
-
-
social contributions
8 938
19 009
-
-
withholding
6 651
14 146
-
-
total
15 589
33 155
-
-
Income
153 500
153 500
153 500
153 500
Total tax
69 334
76 135
66 821
66 662
After tax
84 166
77 365
86 679
86 838
Living cost
47 789
47 789
47 789
47 789
Free-cash
36 377
29 576
38 890
39 049

Estimated living cost  is ₽47789 per week

₽32343
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3909
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽655
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10881
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽108408
₽88103
₽84023
₽105085
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
153 500
income
-
-
-
5 965
social contributions
-
-
-
33 770
total
-
-
-
39 735
Employee
31 810
-
132 900
-
income
-
-
6 418
-
social contributions
2 067
-
8 637
-
total
2 067
-
15 055
-
Employer
31 810
-
132 900
-
social contributions
4 931
-
20 600
-
total
4 931
-
20 600
-
Corporate
116 760
153 500
-
-
income
11 675
15 350
-
-
total
11 675
15 350
-
-
Dividends
105 084
138 150
-
-
total
-
-
-
-
Income
153 500
153 500
153 500
153 500
Total tax
18 673
15 350
35 655
39 735
After tax
134 827
138 150
117 845
113 765
Living cost
29 742
29 742
29 742
29 742
Free-cash
105 085
108 408
88 103
84 023

Estimated living cost  is ₽29742 per week

₽19231
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2242
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.
₽7710
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽61969
-₽61969
₽44100
-₽61969
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
153 500
labour market
-
-
-
12 211
municipal
-
-
-
31 360
national
-
-
-
17 344
pensions
-
-
-
857
total
-
-
-
61 772
Employee
201 026
201 026
201 026
-
municipal
42 807
42 807
42 807
-
labour market
16 059
16 059
16 059
-
pensions
286
286
286
-
national
24 559
24 559
24 559
-
total
83 711
83 711
83 711
-
Employer
201 026
201 026
201 026
-
national
24 602
24 602
24 602
-
labour market
16 082
16 082
16 082
-
pensions
571
571
571
-
municipal
42 875
42 875
42 875
-
total
84 130
84 130
84 130
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
153 500
153 500
153 500
153 500
Total tax
167 841
167 841
167 841
61 772
After tax
-14 341
-14 341
-14 341
91 728
Living cost
47 628
47 628
47 628
47 628
Free-cash
-61 969
-61 969
-61 969
44 100

Estimated living cost  is ₽47628 per week

₽32597
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4213
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽732
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10085
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽9304
₽60828
₽83279
₽9100
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
153 500
accident
-
-
-
253
income
-
-
-
41 499
other
-
-
-
372
health
-
-
-
2 187
pensions
-
-
-
4 173
total
-
-
-
48 484
Employee
34 194
-
136 815
-
pensions
3 850
-
7 651
-
income
4 691
-
30 934
-
health
3 915
-
15 665
-
total
12 456
-
54 250
-
Employer
34 194
-
136 815
-
pensions
5 560
-
11 048
-
accident
571
-
2 285
-
unemployment
838
-
3 352
-
total
6 969
-
16 685
-
Corporate
112 338
153 500
-
-
income

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

101 104
138 150
-
-
total
101 104
138 150
-
-
Dividends
11 234
15 350
-
-
withholding
2 134
2 917
-
-
total
2 134
2 917
-
-
Income
153 500
153 500
153 500
153 500
Total tax
122 663
141 067
70 935
48 484
After tax
30 837
12 433
82 565
105 016
Living cost
21 737
21 737
21 737
21 737
Free-cash
9 100
-9 304
60 828
83 279

Estimated living cost  is ₽21737 per week

₽15822
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1239
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽408
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4268
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽59489
₽43859
₽64040
₽61479
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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

-
-
-
153 500
health
-
-
-
1 951
municipal
-
-
-
27 279
national
-
-
-
22 243
total
-
-
-
51 473
Employee
52 057
-
129 132
-
municipal
8 526
-
21 043
-
unemployment
781
-
1 938
-
pensions
3 513
-
8 716
-
national
860
-
14 014
-
health
389
-
1 575
-
total
14 069
-
47 286
-
Employer
52 057
-
129 132
-
health
400
-
995
-
pensions
9 032
-
22 404
-
accident
53
-
130
-
unemployment
338
-
839
-
total
9 823
-
24 368
-
Corporate
91 621
153 500
-
-
income
18 324
30 700
-
-
total
18 324
30 700
-
-
Dividends

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

54 973
92 100
-
-
municipal
9 895
16 578
-
-
national
1 923
8 746
-
-
total
11 818
25 324
-
-
Income
153 500
153 500
153 500
153 500
Total tax
54 034
56 024
71 654
51 473
After tax
99 466
97 476
81 846
102 027
Living cost
37 987
37 987
37 987
37 987
Free-cash
61 479
59 489
43 859
64 040

Estimated living cost  is ₽37987 per week

₽24813
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3654
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽605
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8917
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽89138
₽81644
₽83050
₽83755
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
153 500
income
-
-
-
27 618
social contributions
-
-
-
16 009
health
-
-
-
3 915
total
-
-
-
47 542
Employee
76 083
76 083
142 349
-
social contributions
2 877
6 315
8 517
-
income
8 284
7 043
26 860
-
health
590
1 294
2 420
-
total
11 751
14 652
37 797
-
Employer
76 083
76 083
142 349
-
health
640
1 408
2 634
-
social contributions
2 877
6 315
8 517
-
total
3 517
7 723
11 151
-
Corporate
115 324
69 694
-
-
income
14 415
8 712
-
-
total
14 415
8 712
-
-
Dividends
100 910
60 981
-
-
withholding
17 154
10 367
-
-
total
17 154
10 367
-
-
Income
153 500
153 500
153 500
153 500
Total tax
46 837
41 454
48 948
47 542
After tax
106 663
112 046
104 552
105 958
Living cost
22 908
22 908
22 908
22 908
Free-cash
83 755
89 138
81 644
83 050

Estimated living cost  is ₽22908 per week

₽13729
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2248
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽507
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6425
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽111404
₽92596
₽112442
₽106370
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
153 500
income
-
-
-
15 446
unemployment
-
-
-
28
health
-
-
-
3 581
pensions
-
-
-
6 294
total
-
-
-
25 349
Employee

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

22 711
-
143 830
-
unemployment
113
-
469
-
pensions
3 406
-
14 082
-
income
1 553
-
12 994
-
health
1 930
-
7 980
-
total
7 002
-
35 525
-
Employer

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

22 711
-
143 830
-
health
976
-
4 037
-
pensions
1 249
-
5 164
-
unemployment
113
-
469
-
total
2 338
-
9 670
-
Corporate
128 451
153 500
-
-
income
11 561
13 816
-
-
total
11 561
13 816
-
-
Dividends
116 890
139 684
-
-
withholding
10 520
12 571
-
-
total
10 520
12 571
-
-
Income
153 500
153 500
153 500
153 500
Total tax
31 421
26 387
45 195
25 349
After tax
122 079
127 113
108 305
128 151
Living cost
15 709
15 709
15 709
15 709
Free-cash
106 370
111 404
92 596
112 442

Estimated living cost  is ₽15709 per week

₽10023
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1132
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽468
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4086
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽75359
₽55017
₽59168
₽70902
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
153 500
accident
-
-
-
826
income
-
-
-
39 610
other
-
-
-
92
unemployment
-
-
-
642
pensions
-
-
-
25 953
total
-
-
-
67 123
Employee
36 586
-
124 263
-
other
36
-
92
-
unemployment
567
-
1 421
-
pensions
1 720
-
4 311
-
income
7 053
-
36 213
-
total
9 376
-
42 037
-
Employer
36 586
-
124 263
-
pensions
8 633
-
21 644
-
accident
725
-
1 816
-
unemployment
2 013
-
5 043
-
other
293
-
734
-
total
11 664
-
29 237
-
Corporate
105 250
153 500
-
-
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.

15 787
23 026
-
-
total
15 787
23 026
-
-
Dividends
89 463
130 474
-
-
withholding
18 562
27 906
-
-
total
18 562
27 906
-
-
Income
153 500
153 500
153 500
153 500
Total tax
55 389
50 932
71 274
67 123
After tax
98 111
102 568
82 226
86 377
Living cost
27 209
27 209
27 209
27 209
Free-cash
70 902
75 359
55 017
59 168

Estimated living cost  is ₽27209 per week

₽18365
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2616
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽477
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5751
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽93849
₽96566
₽96704
₽93532
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
153 500
income
-
-
-
52 427
health
-
-
-
1 023
pensions
-
-
-
1 411
total
-
-
-
54 861
Employee
2 947
-
151 912
-
unemployment
29
-
71
-
pensions
265
-
635
-
income
570
-
52 353
-
health
147
-
353
-
total
1 011
-
53 412
-
Employer
2 947
-
151 912
-
health
280
-
670
-
pensions
324
-
776
-
unemployment
59
-
141
-
total
663
-
1 587
-
Corporate
149 890
153 500
-
-
income
32 976
33 770
-
-
total
32 976
33 770
-
-
Dividends
116 914
119 730
-
-
withholding
23 383
23 946
-
-
total
23 383
23 946
-
-
Income
153 500
153 500
153 500
153 500
Total tax
58 033
57 716
54 999
54 861
After tax
95 467
95 784
98 501
98 639
Living cost
1 935
1 935
1 935
1 935
Free-cash
93 532
93 849
96 566
96 704

Estimated living cost  is ₽1935 per week

₽1150
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽157
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽44
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽584
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽93794
₽74509
₽74509
₽88925
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
153 500
income
-
-
-
34 242
unemployment
-
-
-
1 097
health
-
-
-
7 531
pensions
-
-
-
19 011
total
-
-
-
61 881
Employee

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

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

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

25 801
-
140 412
-
unemployment
194
-
548
-
pensions
3 612
-
10 237
-
income
3 556
-
34 242
-
health
1 329
-
3 766
-
total
8 691
-
48 793
-
Employer

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

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

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

25 801
-
140 412
-
health
1 329
-
3 766
-
pensions
3 096
-
8 774
-
unemployment
194
-
548
-
total
4 619
-
13 088
-
Corporate
123 080
153 500
-
-
income
18 462
23 025
-
-
total
18 462
23 025
-
-
Dividends
104 618
130 475
-
-
withholding
15 693
19 571
-
-
total
15 693
19 571
-
-
Income
153 500
153 500
153 500
153 500
Total tax
47 465
42 596
61 881
61 881
After tax
106 035
110 904
91 619
91 619
Living cost
17 110
17 110
17 110
17 110
Free-cash
88 925
93 794
74 509
74 509

Estimated living cost  is ₽17110 per week

₽11520
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1323
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽495
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3771
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽60635
₽45228
₽56273
₽60277
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
153 500
income
-
-
-
17 212
surtax
-
-
-
-
social contributions

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

-
-
-
53 340
total
-
-
-
70 552
Employee
38 403
-
124 040
-
surtax
-
-
-
-
social contributions
4 225
-
13 645
-
income
7 504
-
38 493
-
total
11 729
-
52 138
-
Employer
38 403
-
124 040
-
social contributions
9 120
-
29 459
-
total
9 120
-
29 459
-
Corporate
105 978
153 500
-
-
income
22 256
32 236
-
-
surtax
-
-
-
-
total
22 256
32 236
-
-
Dividends
83 722
121 264
-
-
withholding
23 443
33 954
-
-
total
23 443
33 954
-
-
Income
153 500
153 500
153 500
153 500
Total tax
66 548
66 190
81 597
70 552
After tax
86 952
87 310
71 903
82 948
Living cost
26 675
26 675
26 675
26 675
Free-cash
60 277
60 635
45 228
56 273

Estimated living cost  is ₽26675 per week

₽18893
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1853
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.
₽5456
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽67795
₽47453
₽51604
₽60982
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
153 500
accident
-
-
-
826
income
-
-
-
39 610
other
-
-
-
92
unemployment
-
-
-
642
pensions
-
-
-
25 953
total
-
-
-
67 123
Employee
47 786
-
124 263
-
other
47
-
92
-
unemployment
740
-
1 421
-
pensions
2 246
-
4 311
-
income
9 981
-
36 213
-
total
13 014
-
42 037
-
Employer
47 786
-
124 263
-
pensions
11 277
-
21 644
-
accident
946
-
1 816
-
unemployment
2 629
-
5 043
-
other
383
-
734
-
total
15 235
-
29 237
-
Corporate
90 479
153 500
-
-
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.

13 572
23 026
-
-
total
13 572
23 026
-
-
Dividends
76 907
130 474
-
-
withholding
15 924
27 906
-
-
total
15 924
27 906
-
-
Income
153 500
153 500
153 500
153 500
Total tax
57 745
50 932
71 274
67 123
After tax
95 755
102 568
82 226
86 377
Living cost
34 773
34 773
34 773
34 773
Free-cash
60 982
67 795
47 453
51 604

Estimated living cost  is ₽34773 per week

₽24973
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2704
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽490
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6607
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽114220
₽110019
₽104223
₽108188
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
153 500
income
-
-
-
23 025
unemployment
-
-
-
138
health
-
-
-
3 975
pensions

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

-
-
-
5 116
total
-
-
-
32 254
Employee
22 540
-
146 719
-
accident

We are using the highest rate at 1.1%.

248
-
380
-
pensions

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

1 979
-
3 035
-
income
2 254
-
14 672
-
health
1 037
-
1 590
-
total
5 518
-
19 677
-
Employer
22 540
-
146 719
-
health
1 555
-
2 385
-
pensions

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

2 484
-
3 809
-
accident

We are using the highest rate at 1.1%.

248
-
380
-
unemployment
135
-
207
-
total
4 422
-
6 781
-
Corporate
126 537
153 500
-
-
income
12 654
15 350
-
-
total
12 654
15 350
-
-
Dividends
113 884
138 150
-
-
withholding
5 695
6 907
-
-
total
5 695
6 907
-
-
Income
153 500
153 500
153 500
153 500
Total tax
28 289
22 257
26 458
32 254
After tax
125 211
131 243
127 042
121 246
Living cost
17 023
17 023
17 023
17 023
Free-cash
108 188
114 220
110 019
104 223

Estimated living cost  is ₽17023 per week

₽11259
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽975
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽406
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4384
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽40832
₽60915
₽45488
₽53778
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
153 500
income

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

-
-
-
45 143
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.

-
-
-
2 482
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.

-
-
-
6 760
trade
-
-
-
15 427
total
-
-
-
69 812
Employee

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

49 231
-
153 500
-
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.

223
-
2 482
-
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.

4 048
-
45 143
-
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.

6 760
-
6 760
-
total
11 031
-
54 385
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
104 269
153 500
-
-
income
15 641
23 026
-
-
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.

860
1 266
-
-
chamber of commerce
302
376
-
-
trade
14 963
22 027
-
-
total
31 766
46 695
-
-
Dividends
72 503
106 806
-
-
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.

976
1 448
-
-
withholding
17 749
26 325
-
-
total
18 725
27 773
-
-
Income
153 500
153 500
153 500
153 500
Total tax
61 522
74 468
54 385
69 812
After tax
91 978
79 032
99 115
83 688
Living cost
38 200
38 200
38 200
38 200
Free-cash
53 778
40 832
60 915
45 488

Estimated living cost  is ₽38200 per week

₽26351
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4110
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.
₽7184
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽51087
₽26964
₽26964
₽53273
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
153 500
income
-
-
-
45 045
social contributions
-
-
-
25 128
total
-
-
-
70 173
Employee
77 397
-
153 500
-
income
14 604
-
45 045
-
social contributions
6 430
-
25 128
-
total
21 034
-
70 173
-
Employer
77 397
-
153 500
-
total
-
-
-
-
Corporate
76 103
153 500
-
-
income
9 512
19 188
-
-
total
9 512
19 188
-
-
Dividends
66 591
134 312
-
-
withholding
13 318
26 862
-
-
total
13 318
26 862
-
-
Income
153 500
153 500
153 500
153 500
Total tax
43 864
46 050
70 173
70 173
After tax
109 636
107 450
83 327
83 327
Living cost
56 363
56 363
56 363
56 363
Free-cash
53 273
51 087
26 964
26 964

Estimated living cost  is ₽56363 per week

₽42880
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4593
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽539
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8352
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽58631
₽74494
₽83413
₽62089
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
153 500
income
-
-
-
28 165
health

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

-
-
-
6 005
total
-
-
-
34 170
Employee
45 390
-
148 949
-
income
4 925
-
33 987
-
social contributions
4 548
-
4 551
-
total
9 473
-
38 538
-
Employer
45 390
-
148 949
-
social contributions
4 548
-
4 551
-
total
4 548
-
4 551
-
Corporate
103 563
153 500
-
-
income
36 246
53 725
-
-
total
36 246
53 725
-
-
Dividends
67 316
99 775
-
-
social contributions
5 227
5 227
-
-
total
5 227
5 227
-
-
Income
153 500
153 500
153 500
153 500
Total tax
55 494
58 952
43 089
34 170
After tax
98 006
94 548
110 411
119 330
Living cost
35 917
35 917
35 917
35 917
Free-cash
62 089
58 631
74 494
83 413

Estimated living cost  is ₽35917 per week

₽23658
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2832
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽550
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8876
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽66031
₽52679
₽66685
₽71870
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
153 500
income
-
-
-
41 729
pensions
-
-
-
8 466
total
-
-
-
50 195
Employee
50 266
-
134 278
-
pensions
3 837
-
10 561
-
income
9 154
-
32 392
-
health
656
-
2 026
-
total
13 647
-
44 979
-
Employer
50 266
-
134 278
-
health
955
-
2 551
-
pensions
5 078
-
16 671
-
total
6 033
-
19 222
-
Corporate
97 200
153 500
-
-
income

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

18 468
29 166
-
-
total
18 468
29 166
-
-
Dividends
78 732
124 334
-
-
withholding
6 862
21 683
-
-
total
6 862
21 683
-
-
Income
153 500
153 500
153 500
153 500
Total tax
45 010
50 849
64 201
50 195
After tax
108 490
102 651
89 299
103 305
Living cost
36 620
36 620
36 620
36 620
Free-cash
71 870
66 031
52 679
66 685

Estimated living cost  is ₽36620 per week

₽25121
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3368
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽458
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7671
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽11456
₽58676
₽81127
₽8769
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
153 500
accident
-
-
-
253
income
-
-
-
41 499
other
-
-
-
372
health
-
-
-
2 187
pensions
-
-
-
4 173
total
-
-
-
48 484
Employee
37 578
-
136 815
-
pensions
4 231
-
7 651
-
income
5 155
-
30 934
-
health
4 303
-
15 665
-
total
13 689
-
54 250
-
Employer
37 578
-
136 815
-
pensions
6 110
-
11 048
-
accident
628
-
2 285
-
unemployment
921
-
3 352
-
total
7 659
-
16 685
-
Corporate
108 264
153 500
-
-
income

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

97 437
138 150
-
-
total
97 437
138 150
-
-
Dividends
10 826
15 350
-
-
withholding
2 057
2 917
-
-
total
2 057
2 917
-
-
Income
153 500
153 500
153 500
153 500
Total tax
120 842
141 067
70 935
48 484
After tax
32 658
12 433
82 565
105 016
Living cost
23 889
23 889
23 889
23 889
Free-cash
8 769
-11 456
58 676
81 127

Estimated living cost  is ₽23889 per week

₽17532
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1392
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽481
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4484
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽115801
₽93373
₽72926
₽111170
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
153 500
income
-
-
-
24 993
unemployment
-
-
-
1 842
work injury
-
-
-
767
health insurance
-
-
-
11 359
pensions
-
-
-
28 244
total
-
-
-
67 205
Employee

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

21 391
-
153 500
-
health insurance
1 583
-
5 857
-
unemployment
257
-
950
-
work injury
107
-
396
-
pensions
3 936
-
14 562
-
income
2 139
-
24 993
-
total
8 022
-
46 758
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
132 109
153 500
-
-
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%.

1 321
1 535
-
-
total
1 321
1 535
-
-
Dividends
130 788
151 965
-
-
withholding
19 618
22 795
-
-
total
19 618
22 795
-
-
Income
153 500
153 500
153 500
153 500
Total tax
28 961
24 330
46 758
67 205
After tax
124 539
129 170
106 742
86 295
Living cost
13 369
13 369
13 369
13 369
Free-cash
111 170
115 801
93 373
72 926

Estimated living cost  is ₽13369 per week

₽8282
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽971
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽417
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3698
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽41436
₽26571
₽33343
₽36935
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
153 500
social contributions
-
-
-
39 480
regional
-
-
-
3 493
municipal
-
-
-
1 027
national
-
-
-
36 740
total
-
-
-
80 740
Employee
83 377
-
153 500
-
municipal
498
-
916
-
national
14 090
-
31 751
-
regional
1 259
-
3 086
-
social contributions
28 114
-
51 759
-
total
43 961
-
87 512
-
Employer
83 377
-
153 500
-
total
-
-
-
-
Corporate
70 123
153 500
-
-
municipal
3 380
7 398
-
-
nationa
16 829
36 840
-
-
total
20 209
44 238
-
-
Dividends
49 914
109 262
-
-
withholding
12 978
28 409
-
-
total
12 978
28 409
-
-
Income
153 500
153 500
153 500
153 500
Total tax
77 148
72 647
87 512
80 740
After tax
76 352
80 853
65 988
72 760
Living cost
39 417
39 417
39 417
39 417
Free-cash
36 935
41 436
26 571
33 343

Estimated living cost  is ₽39417 per week

₽27688
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2711
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.
₽8421
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Rome model

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