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
₽48549
₽69729
₽52539
₽59101
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
45 838
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.

-
-
-
2 522
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.

-
-
-
6 517
trade
-
-
-
17 190
total
-
-
-
72 067
Employee

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

36 486
-
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.

56
-
2 522
-
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.

1 019
-
45 838
-
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.

6 517
-
6 517
-
total
7 592
-
54 877
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
117 014
153 500
-
-
income
17 552
23 025
-
-
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.

965
1 267
-
-
chamber of commerce
313
366
-
-
trade
18 430
24 176
-
-
total
37 260
48 834
-
-
Dividends
79 753
104 666
-
-
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.

1 077
1 419
-
-
withholding
19 576
25 804
-
-
total
20 653
27 223
-
-
Income
153 500
153 500
153 500
153 500
Total tax
65 505
76 057
54 877
72 067
After tax
87 995
77 443
98 623
81 433
Living cost
28 894
28 894
28 894
28 894
Free-cash
59 101
48 549
69 729
52 539

Estimated living cost  is ₽28894 per week

₽18175
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3369
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.
₽6810
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽44693
₽41103
₽39899
₽43843
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
16 646
national
-
-
-
25 794
pensions
-
-
-
18 420
total
-
-
-
62 510
Employee
79 201
-
132 699
-
municipal
9 783
-
17 240
-
pensions
3 168
-
5 308
-
national
15 159
-
26 715
-
total
28 110
-
49 263
-
Employer
79 201
-
132 699
-
pensions
6 336
-
10 616
-
social contributions
851
-
1 427
-
total
7 187
-
12 043
-
Corporate
61 884
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%.

12 377
30 700
-
-
total
12 377
30 700
-
-
Dividends
49 507
122 800
-
-
withholding
10 892
27 016
-
-
total
10 892
27 016
-
-
Income
153 500
153 500
153 500
153 500
Total tax
58 566
57 716
61 306
62 510
After tax
94 934
95 784
92 194
90 990
Living cost
51 091
51 091
51 091
51 091
Free-cash
43 843
44 693
41 103
39 899

Estimated living cost  is ₽51091 per week

₽34726
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4749
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽765
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10851
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽102954
₽72403
₽31877
₽95129
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
26 086
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.

-
-
-
36 549
microenterprise
-
-
-
-
total
-
-
-
101 777
Employee
27 874
-
112 200
-
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.

3 067
-
12 342
-
income
4 962
-
21 880
-
total
8 029
-
34 222
-
Employer
27 874
-
112 200
-
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.

6 714
-
27 029
-
surtax
-
-
-
-
total
6 714
-
27 029
-
Corporate
118 911
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%.

23 782
30 700
-
-
total
23 782
30 700
-
-
Dividends

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

95 130
122 800
-
-
total
-
-
-
-
Income
153 500
153 500
153 500
153 500
Total tax
38 525
30 700
61 251
101 777
After tax
114 975
122 800
92 249
51 723
Living cost
19 846
19 846
19 846
19 846
Free-cash
95 129
102 954
72 403
31 877

Estimated living cost  is ₽19846 per week

₽12661
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1890
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽451
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4844
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽35817
₽54364
₽45794
₽29973
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
44 804
health
-
-
-
11 763
pensions
-
-
-
11 177
total
-
-
-
67 744
Employee
81 462
81 462
135 772
-
pensions
14 663
11 177
11 177
-
income

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

13 334
13 334
18 506
-
health
12 504
10 635
11 763
-
total
40 501
35 146
41 446
-
Employer
81 462
81 462
135 772
-
health
5 663
5 663
7 037
-
pensions
5 670
5 670
7 047
-
unemployment
2 933
2 933
3 644
-
total
14 266
14 266
17 728
-
Corporate
58 772
57 773
-
-
income
11 754
11 555
-
-
total
11 754
11 555
-
-
Dividends
47 018
46 218
-
-
income
9 991
9 821
-
-
withholding
7 053
6 933
-
-
total
17 044
16 754
-
-
Income
153 500
153 500
153 500
153 500
Total tax
83 565
77 721
59 174
67 744
After tax
69 935
75 779
94 326
85 756
Living cost
39 962
39 962
39 962
39 962
Free-cash
29 973
35 817
54 364
45 794

Estimated living cost  is ₽39962 per week

₽28320
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3602
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽635
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7404
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽44664
₽39916
₽40864
₽43785
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
172
other
-
-
-
9 970
unemployment
-
-
-
86
health
-
-
-
5 354
municipal
-
-
-
38 362
national
-
-
-
10 270
pensions
-
-
-
9 275
total
-
-
-
73 489
Employee
55 781
-
126 543
-
municipal
16 634
-
37 735
-
national
-
-
9 744
-
total
16 634
-
47 479
-
Employer
55 781
-
126 543
-
health
3 430
-
5 276
-
pensions
6 030
-
9 275
-
accident
112
-
172
-
unemployment
1 473
-
2 265
-
other
6 482
-
9 970
-
total
17 527
-
26 958
-
Corporate
80 193
153 500
-
-
income
17 642
33 770
-
-
total
17 642
33 770
-
-
Dividends
62 551
119 730
-
-
withholding
18 765
35 919
-
-
total
18 765
35 919
-
-
Income
153 500
153 500
153 500
153 500
Total tax
70 568
69 689
74 437
73 489
After tax
82 932
83 811
79 063
80 011
Living cost
39 147
39 147
39 147
39 147
Free-cash
43 785
44 664
39 916
40 864

Estimated living cost  is ₽39147 per week

₽25945
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3841
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽594
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8766
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽39176
₽61148
₽43194
₽52581
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
45 838
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.

-
-
-
2 522
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.

-
-
-
6 517
trade
-
-
-
17 954
total
-
-
-
72 831
Employee

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

48 376
-
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.

228
-
2 522
-
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.

4 156
-
45 838
-
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.

6 517
-
6 517
-
total
10 901
-
54 877
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
105 124
153 500
-
-
income
15 769
23 025
-
-
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.

867
1 267
-
-
chamber of commerce
295
364
-
-
trade
17 294
25 252
-
-
total
34 225
49 908
-
-
Dividends
70 899
103 593
-
-
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.

956
1 405
-
-
withholding
17 362
25 536
-
-
total
18 318
26 941
-
-
Income
153 500
153 500
153 500
153 500
Total tax
63 444
76 849
54 877
72 831
After tax
90 056
76 651
98 623
80 669
Living cost
37 475
37 475
37 475
37 475
Free-cash
52 581
39 176
61 148
43 194

Estimated living cost  is ₽37475 per week

₽25063
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3952
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽559
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7900
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽81085
₽73315
₽74705
₽77130
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
28 506
social contributions
-
-
-
15 434
health
-
-
-
3 914
total
-
-
-
47 854
Employee
73 353
73 353
142 649
-
social contributions
3 564
6 088
8 211
-
income
7 703
6 790
27 757
-
health
730
1 247
2 426
-
total
11 997
14 125
38 394
-
Employer
73 353
73 353
142 649
-
health
795
1 358
2 639
-
social contributions
3 564
6 088
8 211
-
total
4 359
7 446
10 850
-
Corporate
106 203
72 701
-
-
income
13 275
9 088
-
-
total
13 275
9 088
-
-
Dividends
92 929
63 614
-
-
withholding
15 798
10 815
-
-
total
15 798
10 815
-
-
Income
153 500
153 500
153 500
153 500
Total tax
45 429
41 474
49 244
47 854
After tax
108 071
112 026
104 256
105 646
Living cost
30 941
30 941
30 941
30 941
Free-cash
77 130
81 085
73 315
74 705

Estimated living cost  is ₽30941 per week

₽21151
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2417
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽520
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6854
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽68723
₽71445
₽88797
₽69089
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
2 303
health
-
-
-
10 745
pensions
-
-
-
15 350
total
-
-
-
47 163
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.

25 319
10 077
128 452
-
unemployment
380
151
1 927
-
pensions
2 532
1 008
12 845
-
income
3 095
1 232
15 703
-
health
1 772
705
8 992
-
total
7 779
3 096
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.

25 319
10 077
128 452
-
pensions
4 937
1 965
25 048
-
total
4 937
1 965
25 048
-
Corporate
123 244
141 458
-
-
income
11 092
12 731
-
-
total
11 092
12 731
-
-
Dividends
112 152
128 727
-
-
social contributions
21 754
24 987
-
-
withholding
21 309
24 458
-
-
total
43 063
49 445
-
-
Income
153 500
153 500
153 500
153 500
Total tax
66 871
67 237
64 515
47 163
After tax
86 629
86 263
88 985
106 337
Living cost
17 540
17 540
17 540
17 540
Free-cash
69 089
68 723
71 445
88 797

Estimated living cost  is ₽17540 per week

₽11969
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1435
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽350
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3785
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽99759
₽65435
₽59236
₽93833
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
20 568
health
-
-
-
19 955
pensions
-
-
-
30 700
total
-
-
-
71 223
Employee
27 062
-
114 722
-
unemployment
433
-
1 836
-
pensions
541
-
2 294
-
income
3 047
-
22 118
-
total
4 021
-
26 248
-
Employer
27 062
-
114 722
-
health
3 517
-
14 913
-
pensions
5 413
-
22 945
-
unemployment
217
-
918
-
total
9 147
-
38 776
-
Corporate
117 291
153 500
-
-
income
23 458
30 700
-
-
total
23 458
30 700
-
-
Dividends
93 833
122 800
-
-
total
-
-
-
-
Income
153 500
153 500
153 500
153 500
Total tax
36 626
30 700
65 024
71 223
After tax
116 874
122 800
88 476
82 277
Living cost
23 041
23 041
23 041
23 041
Free-cash
93 833
99 759
65 435
59 236

Estimated living cost  is ₽23041 per week

₽15804
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1372
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽463
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5402
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽8898
₽61440
₽83665
₽9163
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
245
income
-
-
-
41 751
other
-
-
-
359
health
-
-
-
2 115
pensions
-
-
-
4 034
total
-
-
-
48 504
Employee
33 555
-
137 167
-
pensions
3 778
-
7 397
-
income
4 603
-
31 293
-
health
3 842
-
15 705
-
total
12 223
-
54 395
-
Employer
33 555
-
137 167
-
pensions
5 456
-
10 682
-
accident
560
-
2 291
-
unemployment
822
-
3 361
-
total
6 838
-
16 334
-
Corporate
113 106
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.

101 796
138 150
-
-
total
101 796
138 150
-
-
Dividends
11 311
15 350
-
-
withholding
2 149
2 917
-
-
total
2 149
2 917
-
-
Income
153 500
153 500
153 500
153 500
Total tax
123 006
141 067
70 729
48 504
After tax
30 494
12 433
82 771
104 996
Living cost
21 331
21 331
21 331
21 331
Free-cash
9 163
-8 898
61 440
83 665

Estimated living cost  is ₽21331 per week

₽15634
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1182
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽445
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4071
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽138033
₽115008
₽144173
₽136572
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
9 740
-
153 500
-
income
1 948
-
30 700
-
total
1 948
-
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%.

143 760
153 500
-
-
total
-
-
-
-
Dividends
143 760
153 500
-
-
withholding
7 188
7 675
-
-
total
7 188
7 675
-
-
Income
153 500
153 500
153 500
153 500
Total tax
9 136
7 675
30 700
1 535
After tax
144 364
145 825
122 800
151 965
Living cost
7 792
7 792
7 792
7 792
Free-cash
136 572
138 033
115 008
144 173

Estimated living cost  is ₽7792 per week

₽4829
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽648
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽214
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2101
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽87357
₽61927
₽57676
₽80916
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
22 317
other
-
-
-
6 890
health
-
-
-
6 383
pensions

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

-
-
-
34 815
total
-
-
-
70 405
Employee
34 636
-
122 604
-
unemployment
346
-
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.

2 424
-
8 583
-
income
5 963
-
23 733
-
health
485
-
1 716
-
total
9 218
-
35 258
-
Employer
34 636
-
122 604
-
health
485
-
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.

5 889
-
20 843
-
accident
277
-
981
-
unemployment
346
-
1 226
-
other
1 732
-
6 130
-
total
8 729
-
30 896
-
Corporate
110 134
153 500
-
-
income
23 128
32 236
-
-
total
23 128
32 236
-
-
Dividends
87 006
121 264
-
-
withholding
6 090
8 488
-
-
total
6 090
8 488
-
-
Income
153 500
153 500
153 500
153 500
Total tax
47 165
40 724
66 154
70 405
After tax
106 335
112 776
87 346
83 095
Living cost
25 419
25 419
25 419
25 419
Free-cash
80 916
87 357
61 927
57 676

Estimated living cost  is ₽25419 per week

₽17960
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1716
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽409
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5333
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽38610
₽25524
₽39490
₽38721
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
42 469
pensions
-
-
-
8 250
total
-
-
-
50 719
Employee
89 547
-
134 213
-
pensions
8 639
-
10 244
-
income
16 142
-
33 157
-
health
1 476
-
1 997
-
total
26 257
-
45 398
-
Employer
89 547
-
134 213
-
health
1 701
-
2 551
-
pensions
10 573
-
16 736
-
total
12 274
-
19 287
-
Corporate
51 679
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.

9 818
29 166
-
-
total
9 818
29 166
-
-
Dividends
41 861
124 334
-
-
withholding
3 139
22 433
-
-
total
3 139
22 433
-
-
Income
153 500
153 500
153 500
153 500
Total tax
51 488
51 599
64 685
50 719
After tax
102 012
101 901
88 815
102 781
Living cost
63 291
63 291
63 291
63 291
Free-cash
38 721
38 610
25 524
39 490

Estimated living cost  is ₽63291 per week

₽47425
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽7436
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽515
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7916
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽118735
₽114931
₽109070
₽114304
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
133
health
-
-
-
3 832
pensions

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

-
-
-
4 932
total
-
-
-
31 922
Employee
16 563
-
146 962
-
accident

We are using the highest rate at 1.1%.

182
-
367
-
pensions

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

1 454
-
2 926
-
income
1 656
-
14 697
-
health
762
-
1 533
-
total
4 054
-
19 523
-
Employer
16 563
-
146 962
-
health
1 143
-
2 299
-
pensions

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

1 825
-
3 672
-
accident

We are using the highest rate at 1.1%.

182
-
367
-
unemployment
99
-
200
-
total
3 249
-
6 538
-
Corporate
133 688
153 500
-
-
income
13 369
15 350
-
-
total
13 369
15 350
-
-
Dividends
120 318
138 150
-
-
withholding
6 016
6 907
-
-
total
6 016
6 907
-
-
Income
153 500
153 500
153 500
153 500
Total tax
26 688
22 257
26 061
31 922
After tax
126 812
131 243
127 439
121 578
Living cost
12 508
12 508
12 508
12 508
Free-cash
114 304
118 735
114 931
109 070

Estimated living cost  is ₽12508 per week

₽7302
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽893
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽331
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3981
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽22882
₽41429
₽32859
₽25282
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
44 804
health
-
-
-
11 763
pensions
-
-
-
11 177
total
-
-
-
67 744
Employee
88 442
81 462
135 772
-
pensions
11 177
11 177
11 177
-
income

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

13 334
13 334
18 506
-
health
11 034
10 635
11 763
-
total
35 545
35 146
41 446
-
Employer
88 442
81 462
135 772
-
health
6 146
5 663
7 037
-
pensions
6 155
5 670
7 047
-
unemployment
3 184
2 933
3 644
-
total
15 485
14 266
17 728
-
Corporate
49 573
57 773
-
-
income
9 915
11 555
-
-
total
9 915
11 555
-
-
Dividends
39 658
46 218
-
-
income
8 427
9 821
-
-
withholding
5 949
6 933
-
-
total
14 376
16 754
-
-
Income
153 500
153 500
153 500
153 500
Total tax
75 321
77 721
59 174
67 744
After tax
78 179
75 779
94 326
85 756
Living cost
52 897
52 897
52 897
52 897
Free-cash
25 282
22 882
41 429
32 859

Estimated living cost  is ₽52897 per week

₽39020
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4725
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽606
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8546
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽81948
₽54158
₽60091
₽73478
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
14 793
social contributions
-
-
-
34 157
solidarity contribution
-
-
-
-
health
-
-
-
20 722
total
-
-
-
69 672
Employee
34 907
-
114 552
-
solidarity contribution
-
-
-
-
social contributions
2 269
-
7 446
-
income
4 189
-
13 746
-
health
4 713
-
15 465
-
total
11 171
-
36 657
-
Employer
34 907
-
114 552
-
health
3 142
-
10 310
-
social contributions
8 727
-
28 638
-
total
11 869
-
38 948
-
Corporate
106 724
153 500
-
-
income
20 278
29 165
-
-
total
20 278
29 165
-
-
Dividends
86 447
124 335
-
-
withholding
12 967
18 650
-
-
total
12 967
18 650
-
-
Income
153 500
153 500
153 500
153 500
Total tax
56 285
47 815
75 605
69 672
After tax
97 215
105 685
77 895
83 828
Living cost
23 737
23 737
23 737
23 737
Free-cash
73 478
81 948
54 158
60 091

Estimated living cost  is ₽23737 per week

₽16488
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1689
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽467
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5094
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽41645
₽27023
₽33959
₽36666
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
1 796
municipal
-
-
-
912
national
-
-
-
37 100
total
-
-
-
79 288
Employee
84 780
-
153 500
-
municipal
449
-
815
-
national
14 690
-
32 065
-
regional
800
-
1 585
-
social contributions
28 588
-
51 759
-
total
44 527
-
86 224
-
Employer
84 780
-
153 500
-
total
-
-
-
-
Corporate
68 720
153 500
-
-
municipal
2 679
5 987
-
-
nationa
16 493
36 841
-
-
total
19 172
42 828
-
-
Dividends
49 547
110 673
-
-
withholding
12 882
28 774
-
-
total
12 882
28 774
-
-
Income
153 500
153 500
153 500
153 500
Total tax
76 581
71 602
86 224
79 288
After tax
76 919
81 898
67 276
74 212
Living cost
40 253
40 253
40 253
40 253
Free-cash
36 666
41 645
27 023
33 959

Estimated living cost  is ₽40253 per week

₽28059
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2639
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽617
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8936
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽75503
₽45864
₽51781
₽72531
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
40 056
other
-
-
-
-
surtax
-
-
-
5 894
unemployment
-
-
-
217
health
-
-
-
9 039
pensions
-
-
-
25 463
total
-
-
-
80 669
Employee
31 546
-
126 806
-
other
-
-
-
-
unemployment
2 196
-
8 825
-
pensions
2 104
-
8 458
-
surtax
103
-
4 942
-
income
5 288
-
34 435
-
health
806
-
3 233
-
total
10 497
-
59 893
-
Employer
31 546
-
126 806
-
health
1 436
-
5 769
-
pensions
4 205
-
16 903
-
unemployment
999
-
4 021
-
other
-
-
-
-
total
6 640
-
26 693
-
Corporate
115 314
153 500
-
-
income
29 982
39 909
-
-
total
29 982
39 909
-
-
Dividends
85 332
113 591
-
-
withholding
12 800
17 038
-
-
total
12 800
17 038
-
-
Income
153 500
153 500
153 500
153 500
Total tax
59 919
56 947
86 586
80 669
After tax
93 581
96 553
66 914
72 831
Living cost
21 050
21 050
21 050
21 050
Free-cash
72 531
75 503
45 864
51 781

Estimated living cost  is ₽21050 per week

₽12871
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1942
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽485
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽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 of data for Thessaloniki model

Close
Cambridge , United Kingdom
₽58662
₽45576
₽59542
₽64324
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
42 469
pensions
-
-
-
8 250
total
-
-
-
50 719
Employee
60 012
-
134 213
-
pensions
5 094
-
10 244
-
income
10 808
-
33 157
-
health
871
-
1 997
-
total
16 773
-
45 398
-
Employer
60 012
-
134 213
-
health
1 140
-
2 551
-
pensions
6 496
-
16 736
-
total
7 636
-
19 287
-
Corporate
85 851
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.

16 313
29 166
-
-
total
16 313
29 166
-
-
Dividends
69 539
124 334
-
-
withholding
5 215
22 433
-
-
total
5 215
22 433
-
-
Income
153 500
153 500
153 500
153 500
Total tax
45 937
51 599
64 685
50 719
After tax
107 563
101 901
88 815
102 781
Living cost
43 239
43 239
43 239
43 239
Free-cash
64 324
58 662
45 576
59 542

Estimated living cost  is ₽43239 per week

₽32394
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3241
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽452
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7151
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽6217
₽41514
₽48974
₽26475
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
7 004
health
-
-
-
345
city
-
-
-
1 617
national
-
-
-
1 963
pensions
-
-
-
14 121
total
-
-
-
28 119
Employee
89 415
-
137 391
-
unemployment
-
-
-
-
pensions
7 512
-
11 539
-
national
423
-
1 610
-
regional
2 928
-
6 048
-
city
960
-
1 476
-
health
202
-
310
-
total
12 025
-
20 983
-
Employer
89 415
-
137 391
-
health
202
-
310
-
pensions
7 512
-
11 539
-
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.

1 788
-
2 747
-
total
9 502
-
14 596
-
Corporate
53 600
153 500
-
-
regional
11 337
32 466
-
-
national
4 557
13 048
-
-
total
15 894
45 514
-
-
Dividends
37 706
107 986
-
-
withholding
13 197
37 796
-
-
total
13 197
37 796
-
-
Income
153 500
153 500
153 500
153 500
Total tax
50 618
83 310
35 579
28 119
After tax
102 882
70 190
117 921
125 381
Living cost
76 407
76 407
76 407
76 407
Free-cash
26 475
-6 217
41 514
48 974

Estimated living cost  is ₽76407 per week

₽49686
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽6857
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽938
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽18925
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽32165
₽54923
₽36205
₽47634
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
45 838
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.

-
-
-
2 522
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.

-
-
-
6 517
trade
-
-
-
18 718
total
-
-
-
73 595
Employee

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

57 330
-
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.

371
-
2 522
-
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.

6 741
-
45 838
-
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.

6 517
-
6 517
-
total
13 629
-
54 877
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
96 170
153 500
-
-
income
14 426
23 025
-
-
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.

793
1 267
-
-
chamber of commerce
281
360
-
-
trade
16 493
26 325
-
-
total
31 993
50 977
-
-
Dividends
64 177
102 523
-
-
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.

862
1 390
-
-
withholding
15 682
25 268
-
-
total
16 544
26 658
-
-
Income
153 500
153 500
153 500
153 500
Total tax
62 166
77 635
54 877
73 595
After tax
91 334
75 865
98 623
79 905
Living cost
43 700
43 700
43 700
43 700
Free-cash
47 634
32 165
54 923
36 205

Estimated living cost  is ₽43700 per week

₽31917
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3496
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽568
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7721
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽44726
₽53336
₽54100
₽50363
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
22 838
other
-
-
-
4 759
surtax
-
-
-
-
social contributions
-
-
-
4 374
health
-
-
-
6 037
pensions
-
-
-
28 755
total
-
-
-
66 763
Employee
40 827
-
119 757
-
pensions
4 616
-
7 931
-
surtax
-
-
-
-
social contributions
1 164
-
3 412
-
income
2 409
-
22 440
-
total
8 189
-
33 783
-
Employer
40 827
-
119 757
-
health
2 858
-
10 611
-
pensions
6 707
-
13 422
-
unemployment
1 653
-
4 850
-
social contributions
123
-
358
-
other
1 408
-
4 503
-
total
12 749
-
33 744
-
Corporate
99 923
153 500
-
-
income
27 978
42 980
-
-
surtax
-
-
-
-
total
27 978
42 980
-
-
Dividends
71 945
110 520
-
-
surtax
-
-
-
-
social contributions
12 375
19 010
-
-
withholding
9 209
14 147
-
-
total
21 584
33 157
-
-
Income
153 500
153 500
153 500
153 500
Total tax
70 500
76 137
67 527
66 763
After tax
83 000
77 363
85 973
86 737
Living cost
32 637
32 637
32 637
32 637
Free-cash
50 363
44 726
53 336
54 100

Estimated living cost  is ₽32637 per week

₽20579
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2654
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽556
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8850
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽47959
₽56569
₽57333
₽53261
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
22 838
other
-
-
-
4 759
surtax
-
-
-
-
social contributions
-
-
-
4 374
health
-
-
-
6 037
pensions
-
-
-
28 755
total
-
-
-
66 763
Employee
36 444
-
119 757
-
pensions
4 122
-
7 931
-
surtax
-
-
-
-
social contributions
1 039
-
3 412
-
income
1 879
-
22 440
-
total
7 040
-
33 783
-
Employer
36 444
-
119 757
-
health
2 551
-
10 611
-
pensions
5 988
-
13 422
-
unemployment
1 475
-
4 850
-
social contributions
109
-
358
-
other
1 258
-
4 503
-
total
11 381
-
33 744
-
Corporate
105 675
153 500
-
-
income
29 589
42 980
-
-
surtax
-
-
-
-
total
29 589
42 980
-
-
Dividends
76 086
110 520
-
-
surtax
-
-
-
-
social contributions
13 086
19 010
-
-
withholding
9 739
14 147
-
-
total
22 825
33 157
-
-
Income
153 500
153 500
153 500
153 500
Total tax
70 835
76 137
67 527
66 763
After tax
82 665
77 363
85 973
86 737
Living cost
29 404
29 404
29 404
29 404
Free-cash
53 261
47 959
56 569
57 333

Estimated living cost  is ₽29404 per week

₽17053
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2987
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽558
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8807
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽73420
₽75609
₽78348
₽73917
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
social contributions
-
-
-
21 184
health
-
-
-
10 715
total
-
-
-
54 924
Employee
32 344
-
153 500
-
social contributions
4 464
-
21 184
-
income
5 395
-
25 764
-
health
2 257
-
10 715
-
total
12 116
-
57 663
-
Employer
32 344
-
153 500
-
total
-
-
-
-
Corporate
121 156
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%.

6 057
7 676
-
-
total
6 057
7 676
-
-
Dividends
115 099
145 824
-
-
social contributions
15 883
20 123
-
-
withholding
17 265
21 874
-
-
health
8 034
10 179
-
-
total
41 182
52 176
-
-
Income
153 500
153 500
153 500
153 500
Total tax
59 355
59 852
57 663
54 924
After tax
94 145
93 648
95 837
98 576
Living cost
20 228
20 228
20 228
20 228
Free-cash
73 917
73 420
75 609
78 348

Estimated living cost  is ₽20228 per week

₽13537
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1247
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽465
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4976
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽51459
₽6780
₽45129
₽49982
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
38 963
surtax
-
-
-
188
unemployment
-
-
-
5 851
chamber of commerce
-
-
-
614
health
-
-
-
8 525
pensions
-
-
-
20 617
total
-
-
-
74 758
Employee
47 673
38 016
120 573
-
other
476
380
1 115
-
unemployment
1 430
1 140
3 344
-
pensions
4 882
3 892
11 412
-
income
5 427
2 804
30 758
-
health
1 845
1 472
4 312
-
total
14 060
9 688
50 941
-
Employer
47 673
38 016
120 573
-
chamber of commerce
190
152
482
-
health
1 801
1 437
4 213
-
pensions
5 983
4 772
13 986
-
accident
619
494
1 448
-
unemployment
1 430
1 140
3 344
-
surtax
188
188
188
-
payroll
1 430
1 140
3 617
-
other
2 265
1 805
5 650
-
total
13 906
11 128
32 928
-
Corporate
91 920
104 355
116 952
-
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.

22 980
26 088
29 238
-
total
22 980
26 088
29 238
-
Dividends
68 940
78 267
-
-
withholding
18 959
21 524
-
-
total
18 959
21 524
-
-
Income
153 500
153 500
153 500
153 500
Total tax
69 905
68 428
113 107
74 758
After tax
83 595
85 072
40 393
78 742
Living cost
33 613
33 613
33 613
33 613
Free-cash
49 982
51 459
6 780
45 129

Estimated living cost  is ₽33613 per week

₽22418
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2867
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽552
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7775
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

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
₽51095
₽20070
₽31674
₽36788
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
7 782
social contributions
-
-
-
23 783
national
-
-
-
55 479
total
-
-
-
87 044
Employee

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

68 236
-
118 889
-
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.

594
-
1 034
-
communal

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

3 559
-
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.

5 118
-
8 917
-
national
20 978
-
42 297
-
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.

3 206
-
5 587
-
total
33 455
-
64 037
-
Employer

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

68 236
-
118 889
-
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.

4 196
-
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.

6 046
-
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.

887
-
1 546
-
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.

996
-
1 736
-
surtax
7 737
-
13 483
-
total
19 862
-
34 611
-
Corporate
65 402
153 500
-
-
income
13 081
30 700
-
-
surtax
262
614
-
-
total
13 343
31 314
-
-
Dividends
52 059
122 186
-
-
withholding

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

15 270
36 309
-
-
total
15 270
36 309
-
-
Income
153 500
153 500
153 500
153 500
Total tax
81 930
67 623
98 648
87 044
After tax
71 570
85 877
54 852
66 456
Living cost
34 782
34 782
34 782
34 782
Free-cash
36 788
51 095
20 070
31 674

Estimated living cost  is ₽34782 per week

₽22404
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3041
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽545
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8792
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽68043
₽47854
₽51855
₽61242
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
797
income
-
-
-
40 667
other
-
-
-
89
unemployment
-
-
-
619
pensions
-
-
-
25 022
total
-
-
-
67 194
Employee
47 485
-
125 312
-
other
47
-
89
-
unemployment
737
-
1 370
-
pensions
2 232
-
4 156
-
income
10 019
-
37 392
-
total
13 035
-
43 007
-
Employer
47 485
-
125 312
-
pensions
11 206
-
20 867
-
accident
940
-
1 751
-
unemployment
2 612
-
4 862
-
other
378
-
708
-
total
15 136
-
28 188
-
Corporate
90 880
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.

13 631
23 025
-
-
total
13 631
23 025
-
-
Dividends
77 248
130 475
-
-
withholding
16 005
27 981
-
-
total
16 005
27 981
-
-
Income
153 500
153 500
153 500
153 500
Total tax
57 807
51 006
71 195
67 194
After tax
95 693
102 494
82 305
86 306
Living cost
34 451
34 451
34 451
34 451
Free-cash
61 242
68 043
47 854
51 855

Estimated living cost  is ₽34451 per week

₽25369
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2444
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽496
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6140
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽38824
₽31798
₽25677
₽27327
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
9 701
accident
-
-
-
1 294
income
-
-
-
23 584
surtax
-
-
-
7 610
health
-
-
-
10 784
pensions
-
-
-
23 009
total
-
-
-
75 982
Employee
72 241
-
137 115
-
pensions
5 778
-
10 968
-
surtax
4 428
-
8 403
-
income
6 978
-
28 004
-
health
3 215
-
6 101
-
total
20 399
-
53 476
-
Employer
72 241
-
137 115
-
health
2 203
-
4 182
-
pensions
5 778
-
10 968
-
accident
650
-
1 235
-
total
8 631
-
16 385
-
Corporate
72 628
153 500
-
-
communal
4 902
10 362
-
-
income
10 894
23 025
-
-
surtax
762
1 611
-
-
total
16 558
34 998
-
-
Dividends
56 069
118 502
-
-
income
20 333
10 062
-
-
withholding
8 411
17 775
-
-
total
28 744
27 837
-
-
Income
153 500
153 500
153 500
153 500
Total tax
74 332
62 835
69 861
75 982
After tax
79 168
90 665
83 639
77 518
Living cost
51 841
51 841
51 841
51 841
Free-cash
27 327
38 824
31 798
25 677

Estimated living cost  is ₽51841 per week

₽38888
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3141
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽549
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9261
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽75127
₽45488
₽51405
₽72090
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
40 056
other
-
-
-
-
surtax
-
-
-
5 894
unemployment
-
-
-
217
health
-
-
-
9 039
pensions
-
-
-
25 463
total
-
-
-
80 669
Employee
32 125
-
126 806
-
other
-
-
-
-
unemployment
2 236
-
8 825
-
pensions
2 143
-
8 458
-
surtax
114
-
4 942
-
income
5 386
-
34 435
-
health
820
-
3 233
-
total
10 699
-
59 893
-
Employer
32 125
-
126 806
-
health
1 461
-
5 769
-
pensions
4 283
-
16 903
-
unemployment
1 019
-
4 021
-
other
-
-
-
-
total
6 763
-
26 693
-
Corporate
114 612
153 500
-
-
income
29 799
39 909
-
-
total
29 799
39 909
-
-
Dividends
84 813
113 591
-
-
withholding
12 723
17 038
-
-
total
12 723
17 038
-
-
Income
153 500
153 500
153 500
153 500
Total tax
59 984
56 947
86 586
80 669
After tax
93 516
96 553
66 914
72 831
Living cost
21 426
21 426
21 426
21 426
Free-cash
72 090
75 127
45 488
51 405

Estimated living cost  is ₽21426 per week

₽12936
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1863
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽498
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6131
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽54987
₽41099
₽47997
₽52870
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
912
national
-
-
-
37 100
total
-
-
-
79 806
Employee
52 916
-
153 500
-
municipal
281
-
815
-
national
8 383
-
32 065
-
regional
712
-
2 065
-
social contributions
17 844
-
51 759
-
total
27 220
-
86 704
-
Employer
52 916
-
153 500
-
total
-
-
-
-
Corporate
100 584
153 500
-
-
municipal
4 998
7 628
-
-
nationa
24 140
36 841
-
-
total
29 138
44 469
-
-
Dividends
71 446
109 031
-
-
withholding
18 575
28 347
-
-
total
18 575
28 347
-
-
Income
153 500
153 500
153 500
153 500
Total tax
74 933
72 816
86 704
79 806
After tax
78 567
80 684
66 796
73 694
Living cost
25 697
25 697
25 697
25 697
Free-cash
52 870
54 987
41 099
47 997

Estimated living cost  is ₽25697 per week

₽15981
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2603
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽440
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6673
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽76435
₽48645
₽54578
₽66000
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
14 793
social contributions
-
-
-
34 157
solidarity contribution
-
-
-
-
health
-
-
-
20 722
total
-
-
-
69 672
Employee
43 015
-
114 552
-
solidarity contribution
-
-
-
-
social contributions
2 796
-
7 446
-
income
5 162
-
13 746
-
health
5 807
-
15 465
-
total
13 765
-
36 657
-
Employer
43 015
-
114 552
-
health
3 871
-
10 310
-
social contributions
10 754
-
28 638
-
total
14 625
-
38 948
-
Corporate
95 860
153 500
-
-
income
18 213
29 165
-
-
total
18 213
29 165
-
-
Dividends
77 647
124 335
-
-
withholding
11 647
18 650
-
-
total
11 647
18 650
-
-
Income
153 500
153 500
153 500
153 500
Total tax
58 250
47 815
75 605
69 672
After tax
95 250
105 685
77 895
83 828
Living cost
29 250
29 250
29 250
29 250
Free-cash
66 000
76 435
48 645
54 578

Estimated living cost  is ₽29250 per week

₽21752
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1620
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽506
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5371
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽54741
₽10018
₽48496
₽54266
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
38 963
surtax
-
-
-
-
unemployment
-
-
-
5 851
chamber of commerce
-
-
-
614
health
-
-
-
8 525
pensions
-
-
-
20 617
total
-
-
-
74 570
Employee
41 699
38 016
120 749
-
other
416
380
1 115
-
unemployment
1 251
1 140
3 344
-
pensions
4 270
3 892
11 412
-
income
3 715
2 804
30 833
-
health
1 613
1 472
4 312
-
total
11 265
9 688
51 016
-
Employer
41 699
38 016
120 749
-
chamber of commerce
167
152
483
-
health
1 577
1 437
4 213
-
pensions
5 234
4 772
13 986
-
accident
541
494
1 448
-
unemployment
1 251
1 140
3 344
-
surtax
-
-
-
-
payroll
1 251
1 140
3 622
-
other
1 980
1 805
5 655
-
total
12 001
10 940
32 751
-
Corporate
99 800
104 543
117 128
-
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.

24 951
26 135
29 281
-
total
24 951
26 135
29 281
-
Dividends
74 849
78 408
-
-
withholding
20 583
21 562
-
-
total
20 583
21 562
-
-
Income
153 500
153 500
153 500
153 500
Total tax
68 800
68 325
113 048
74 570
After tax
84 700
85 175
40 452
78 930
Living cost
30 434
30 434
30 434
30 434
Free-cash
54 266
54 741
10 018
48 496

Estimated living cost  is ₽30434 per week

₽18257
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3108
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽543
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8526
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽133683
₽110658
₽139823
₽131406
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
15 178
-
153 500
-
income
3 036
-
30 700
-
total
3 036
-
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%.

138 322
153 500
-
-
total
-
-
-
-
Dividends
138 322
153 500
-
-
withholding
6 916
7 675
-
-
total
6 916
7 675
-
-
Income
153 500
153 500
153 500
153 500
Total tax
9 952
7 675
30 700
1 535
After tax
143 548
145 825
122 800
151 965
Living cost
12 142
12 142
12 142
12 142
Free-cash
131 406
133 683
110 658
139 823

Estimated living cost  is ₽12142 per week

₽8217
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽510
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽407
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3008
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽80099
₽46057
₽50121
₽72120
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
34 425
unemployment
-
-
-
230
health
-
-
-
15 105
pensions
-
-
-
28 032
total
-
-
-
77 792
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.

42 183
-
132 821
-
unemployment
60
-
186
-
pensions
6 539
-
20 586
-
income
7 274
-
31 826
-
health
2 724
-
8 579
-
total
16 597
-
61 177
-
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.

42 183
-
132 821
-
health
2 810
-
8 845
-
pensions
3 733
-
11 754
-
unemployment
25
-
80
-
total
6 568
-
20 679
-
Corporate
104 749
153 500
-
-
income
19 902
29 165
-
-
total
19 902
29 165
-
-
Dividends
84 847
124 335
-
-
withholding
12 726
18 649
-
-
total
12 726
18 649
-
-
Income
153 500
153 500
153 500
153 500
Total tax
55 793
47 814
81 856
77 792
After tax
97 707
105 686
71 644
75 708
Living cost
25 587
25 587
25 587
25 587
Free-cash
72 120
80 099
46 057
50 121

Estimated living cost  is ₽25587 per week

₽17560
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1640
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽496
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5892
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽52023
₽99522
₽64715
₽6423
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
59 313
-
-
-
social contributions
4 864
-
693
-
income
13 083
-
-
-
total
17 947
-
693
-
Employer
59 313
-
-
-
social contributions
83 631
-
11 919
-
total
83 631
-
11 919
-
Corporate
10 556
153 500
-
-
income
2 322
33 770
-
-
total
2 322
33 770
-
-
Dividends
8 234
119 730
-
-
income
1 811
26 341
-
-
total
1 811
26 341
-
-
Income
153 500
153 500
153 500
153 500
Total tax
105 711
60 111
12 612
47 419
After tax
47 789
93 389
140 888
106 081
Living cost
41 366
41 366
41 366
41 366
Free-cash
6 423
52 023
99 522
64 715

Estimated living cost  is ₽41366 per week

₽26840
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3890
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽527
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10108
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽57389
₽41580
₽52822
₽56429
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
17 414
surtax
-
-
-
-
social contributions

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

-
-
-
53 342
total
-
-
-
70 756
Employee
43 874
-
124 040
-
surtax
-
-
-
-
social contributions
4 826
-
13 644
-
income
9 126
-
38 895
-
total
13 952
-
52 539
-
Employer
43 874
-
124 040
-
social contributions
10 420
-
29 459
-
total
10 420
-
29 459
-
Corporate
99 206
153 500
-
-
income
20 833
32 236
-
-
surtax
-
-
-
-
total
20 833
32 236
-
-
Dividends
78 374
121 264
-
-
withholding
21 944
33 953
-
-
total
21 944
33 953
-
-
Income
153 500
153 500
153 500
153 500
Total tax
67 149
66 189
81 998
70 756
After tax
86 351
87 311
71 502
82 744
Living cost
29 922
29 922
29 922
29 922
Free-cash
56 429
57 389
41 580
52 822

Estimated living cost  is ₽29922 per week

₽22388
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1765
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽500
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5270
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽31289
₽39899
₽40663
₽37847
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
22 838
other
-
-
-
4 759
surtax
-
-
-
-
social contributions
-
-
-
4 374
health
-
-
-
6 037
pensions
-
-
-
28 755
total
-
-
-
66 763
Employee
59 747
-
119 757
-
pensions
6 758
-
7 931
-
surtax
-
-
-
-
social contributions
1 702
-
3 412
-
income
5 213
-
22 440
-
total
13 673
-
33 783
-
Employer
59 747
-
119 757
-
health
4 182
-
10 611
-
pensions
9 817
-
13 422
-
unemployment
2 420
-
4 850
-
social contributions
179
-
358
-
other
2 062
-
4 503
-
total
18 660
-
33 744
-
Corporate
75 093
153 500
-
-
income
21 026
42 980
-
-
surtax
-
-
-
-
total
21 026
42 980
-
-
Dividends
54 067
110 520
-
-
surtax
-
-
-
-
social contributions
9 299
19 010
-
-
withholding
6 921
14 147
-
-
total
16 220
33 157
-
-
Income
153 500
153 500
153 500
153 500
Total tax
69 579
76 137
67 527
66 763
After tax
83 921
77 363
85 973
86 737
Living cost
46 074
46 074
46 074
46 074
Free-cash
37 847
31 289
39 899
40 663

Estimated living cost  is ₽46074 per week

₽31182
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3769
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽632
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10491
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽109476
₽88954
₽84876
₽106270
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
6 180
social contributions
-
-
-
33 769
total
-
-
-
39 949
Employee
30 668
-
132 901
-
income
-
-
6 633
-
social contributions
1 993
-
8 639
-
total
1 993
-
15 272
-
Employer
30 668
-
132 901
-
social contributions
4 754
-
20 599
-
total
4 754
-
20 599
-
Corporate
118 078
153 500
-
-
income
11 808
15 349
-
-
total
11 808
15 349
-
-
Dividends
106 270
138 151
-
-
total
-
-
-
-
Income
153 500
153 500
153 500
153 500
Total tax
18 555
15 349
35 871
39 949
After tax
134 945
138 151
117 629
113 551
Living cost
28 675
28 675
28 675
28 675
Free-cash
106 270
109 476
88 954
84 876

Estimated living cost  is ₽28675 per week

₽18541
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2161
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.
₽7433
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽54152
-₽54152
₽45462
-₽54152
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
12 214
municipal
-
-
-
31 548
national
-
-
-
17 550
pensions
-
-
-
826
total
-
-
-
62 138
Employee
193 732
193 732
193 732
-
municipal
41 254
41 254
41 254
-
labour market
15 476
15 476
15 476
-
pensions
275
275
275
-
national
23 668
23 668
23 668
-
total
80 673
80 673
80 673
-
Employer
193 732
193 732
193 732
-
national
23 709
23 709
23 709
-
labour market
15 499
15 499
15 499
-
pensions
551
551
551
-
municipal
41 320
41 320
41 320
-
total
81 079
81 079
81 079
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
153 500
153 500
153 500
153 500
Total tax
161 752
161 752
161 752
62 138
After tax
-8 252
-8 252
-8 252
91 362
Living cost
45 900
45 900
45 900
45 900
Free-cash
-54 152
-54 152
-54 152
45 462

Estimated living cost  is ₽45900 per week

₽31414
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4060
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽706
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9719
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽8584
₽61754
₽83979
₽9208
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
245
income
-
-
-
41 751
other
-
-
-
359
health
-
-
-
2 115
pensions
-
-
-
4 034
total
-
-
-
48 504
Employee
33 061
-
137 167
-
pensions
3 723
-
7 397
-
income
4 536
-
31 293
-
health
3 786
-
15 705
-
total
12 045
-
54 395
-
Employer
33 061
-
137 167
-
pensions
5 376
-
10 682
-
accident
552
-
2 291
-
unemployment
810
-
3 361
-
total
6 738
-
16 334
-
Corporate
113 702
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.

102 332
138 150
-
-
total
102 332
138 150
-
-
Dividends
11 370
15 350
-
-
withholding
2 160
2 917
-
-
total
2 160
2 917
-
-
Income
153 500
153 500
153 500
153 500
Total tax
123 275
141 067
70 729
48 504
After tax
30 225
12 433
82 771
104 996
Living cost
21 017
21 017
21 017
21 017
Free-cash
9 208
-8 584
61 754
83 979

Estimated living cost  is ₽21017 per week

₽15298
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1198
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽394
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4126
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽60466
₽44824
₽64496
₽62513
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
1 966
municipal
-
-
-
27 275
national
-
-
-
23 139
total
-
-
-
52 380
Employee
50 189
-
129 134
-
municipal
8 220
-
21 041
-
unemployment
753
-
1 937
-
pensions
3 387
-
8 716
-
national
829
-
14 400
-
health
375
-
1 591
-
total
13 564
-
47 685
-
Employer
50 189
-
129 134
-
health
386
-
994
-
pensions
8 707
-
22 404
-
accident
51
-
129
-
unemployment
326
-
840
-
total
9 470
-
24 367
-
Corporate
93 842
153 500
-
-
income
18 769
30 700
-
-
total
18 769
30 700
-
-
Dividends

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

56 305
92 100
-
-
municipal
10 136
16 578
-
-
national
2 424
9 132
-
-
total
12 560
25 710
-
-
Income
153 500
153 500
153 500
153 500
Total tax
54 363
56 410
72 052
52 380
After tax
99 137
97 090
81 448
101 120
Living cost
36 624
36 624
36 624
36 624
Free-cash
62 513
60 466
44 824
64 496

Estimated living cost  is ₽36624 per week

₽23923
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3523
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽583
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8597
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽89940
₽82170
₽83560
₽84750
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
28 506
social contributions
-
-
-
15 434
health
-
-
-
3 914
total
-
-
-
47 854
Employee
73 353
73 353
142 649
-
social contributions
2 773
6 088
8 211
-
income
7 987
6 790
27 757
-
health
568
1 247
2 426
-
total
11 328
14 125
38 394
-
Employer
73 353
73 353
142 649
-
health
617
1 358
2 639
-
social contributions
2 773
6 088
8 211
-
total
3 390
7 446
10 850
-
Corporate
116 694
72 701
-
-
income
14 587
9 088
-
-
total
14 587
9 088
-
-
Dividends
102 107
63 614
-
-
withholding
17 359
10 815
-
-
total
17 359
10 815
-
-
Income
153 500
153 500
153 500
153 500
Total tax
46 664
41 474
49 244
47 854
After tax
106 836
112 026
104 256
105 646
Living cost
22 086
22 086
22 086
22 086
Free-cash
84 750
89 940
82 170
83 560

Estimated living cost  is ₽22086 per week

₽13237
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2167
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽489
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6195
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽111968
₽94173
₽113309
₽107113
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
15 498
unemployment
-
-
-
27
health
-
-
-
3 452
pensions
-
-
-
6 068
total
-
-
-
25 045
Employee

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

21 896
-
144 177
-
unemployment
109
-
453
-
pensions
3 284
-
13 577
-
income
1 497
-
13 134
-
health
1 861
-
7 694
-
total
6 751
-
34 858
-
Employer

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

21 896
-
144 177
-
health
941
-
3 892
-
pensions
1 204
-
4 978
-
unemployment
109
-
453
-
total
2 254
-
9 323
-
Corporate
129 350
153 500
-
-
income
11 642
13 814
-
-
total
11 642
13 814
-
-
Dividends
117 708
139 686
-
-
withholding
10 594
12 572
-
-
total
10 594
12 572
-
-
Income
153 500
153 500
153 500
153 500
Total tax
31 241
26 386
44 181
25 045
After tax
122 259
127 114
109 319
128 455
Living cost
15 146
15 146
15 146
15 146
Free-cash
107 113
111 968
94 173
113 309

Estimated living cost  is ₽15146 per week

₽9663
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1092
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽451
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3939
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽76262
₽56073
₽60074
₽72048
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
797
income
-
-
-
40 667
other
-
-
-
89
unemployment
-
-
-
619
pensions
-
-
-
25 022
total
-
-
-
67 194
Employee
35 273
-
125 312
-
other
34
-
89
-
unemployment
547
-
1 370
-
pensions
1 658
-
4 156
-
income
6 800
-
37 392
-
total
9 039
-
43 007
-
Employer
35 273
-
125 312
-
pensions
8 324
-
20 867
-
accident
699
-
1 751
-
unemployment
1 941
-
4 862
-
other
282
-
708
-
total
11 246
-
28 188
-
Corporate
106 982
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.

16 048
23 025
-
-
total
16 048
23 025
-
-
Dividends
90 934
130 475
-
-
withholding
18 887
27 981
-
-
total
18 887
27 981
-
-
Income
153 500
153 500
153 500
153 500
Total tax
55 220
51 006
71 195
67 194
After tax
98 280
102 494
82 305
86 306
Living cost
26 232
26 232
26 232
26 232
Free-cash
72 048
76 262
56 073
60 074

Estimated living cost  is ₽26232 per week

₽17706
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2522
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.
₽5545
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽93928
₽96697
₽96829
₽93623
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
52 479
health
-
-
-
982
pensions
-
-
-
1 354
total
-
-
-
54 815
Employee
2 827
-
151 977
-
unemployment
28
-
68
-
pensions
254
-
609
-
income
547
-
52 408
-
health
141
-
339
-
total
970
-
53 424
-
Employer
2 827
-
151 977
-
health
269
-
643
-
pensions
311
-
745
-
unemployment
57
-
135
-
total
637
-
1 523
-
Corporate
150 036
153 500
-
-
income
33 008
33 770
-
-
total
33 008
33 770
-
-
Dividends
117 028
119 730
-
-
withholding
23 406
23 946
-
-
total
23 406
23 946
-
-
Income
153 500
153 500
153 500
153 500
Total tax
58 021
57 716
54 947
54 815
After tax
95 479
95 784
98 553
98 685
Living cost
1 856
1 856
1 856
1 856
Free-cash
93 623
93 928
96 697
96 829

Estimated living cost  is ₽1856 per week

₽1103
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽150
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽43
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽560
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽94409
₽75969
₽75970
₽89715
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
34 391
unemployment
-
-
-
1 057
health
-
-
-
7 260
pensions
-
-
-
18 327
total
-
-
-
61 035
Employee

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

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

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

24 873
-
140 883
-
unemployment
187
-
529
-
pensions
3 482
-
9 868
-
income
3 429
-
34 391
-
health
1 281
-
3 630
-
total
8 379
-
48 418
-
Employer

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

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

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

24 873
-
140 883
-
health
1 281
-
3 630
-
pensions
2 985
-
8 459
-
unemployment
187
-
529
-
total
4 453
-
12 618
-
Corporate
124 175
153 500
-
-
income
18 626
23 025
-
-
total
18 626
23 025
-
-
Dividends
105 549
130 475
-
-
withholding
15 832
19 571
-
-
total
15 832
19 571
-
-
Income
153 500
153 500
153 500
153 500
Total tax
47 290
42 596
61 036
61 035
After tax
106 210
110 904
92 464
92 465
Living cost
16 495
16 495
16 495
16 495
Free-cash
89 715
94 409
75 969
75 970

Estimated living cost  is ₽16495 per week

₽11106
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1276
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.
₽3636
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽61594
₽45785
₽57027
₽61250
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
17 414
surtax
-
-
-
-
social contributions

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

-
-
-
53 342
total
-
-
-
70 756
Employee
37 024
-
124 040
-
surtax
-
-
-
-
social contributions
4 073
-
13 644
-
income
7 234
-
38 895
-
total
11 307
-
52 539
-
Employer
37 024
-
124 040
-
social contributions
8 792
-
29 459
-
total
8 792
-
29 459
-
Corporate
107 683
153 500
-
-
income
22 614
32 236
-
-
surtax
-
-
-
-
total
22 614
32 236
-
-
Dividends
85 069
121 264
-
-
withholding
23 820
33 953
-
-
total
23 820
33 953
-
-
Income
153 500
153 500
153 500
153 500
Total tax
66 533
66 189
81 998
70 756
After tax
86 967
87 311
71 502
82 744
Living cost
25 717
25 717
25 717
25 717
Free-cash
61 250
61 594
45 785
57 027

Estimated living cost  is ₽25717 per week

₽18215
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1787
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.
₽5261
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽68968
₽48779
₽52780
₽62492
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
797
income
-
-
-
40 667
other
-
-
-
89
unemployment
-
-
-
619
pensions
-
-
-
25 022
total
-
-
-
67 194
Employee
46 071
-
125 312
-
other
45
-
89
-
unemployment
713
-
1 370
-
pensions
2 165
-
4 156
-
income
9 623
-
37 392
-
total
12 546
-
43 007
-
Employer
46 071
-
125 312
-
pensions
10 873
-
20 867
-
accident
912
-
1 751
-
unemployment
2 534
-
4 862
-
other
369
-
708
-
total
14 688
-
28 188
-
Corporate
92 741
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.

13 912
23 025
-
-
total
13 912
23 025
-
-
Dividends
78 829
130 475
-
-
withholding
16 336
27 981
-
-
total
16 336
27 981
-
-
Income
153 500
153 500
153 500
153 500
Total tax
57 482
51 006
71 195
67 194
After tax
96 018
102 494
82 305
86 306
Living cost
33 526
33 526
33 526
33 526
Free-cash
62 492
68 968
48 779
52 780

Estimated living cost  is ₽33526 per week

₽24077
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2607
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽472
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6370
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽114832
₽111028
₽105167
₽109015
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
133
health
-
-
-
3 832
pensions

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

-
-
-
4 932
total
-
-
-
31 922
Employee
21 731
-
146 962
-
accident

We are using the highest rate at 1.1%.

239
-
367
-
pensions

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

1 908
-
2 926
-
income
2 173
-
14 697
-
health
1 000
-
1 533
-
total
5 320
-
19 523
-
Employer
21 731
-
146 962
-
health
1 500
-
2 299
-
pensions

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

2 395
-
3 672
-
accident

We are using the highest rate at 1.1%.

239
-
367
-
unemployment
131
-
200
-
total
4 265
-
6 538
-
Corporate
127 506
153 500
-
-
income
12 751
15 350
-
-
total
12 751
15 350
-
-
Dividends
114 755
138 150
-
-
withholding
5 738
6 907
-
-
total
5 738
6 907
-
-
Income
153 500
153 500
153 500
153 500
Total tax
28 074
22 257
26 061
31 922
After tax
125 426
131 243
127 439
121 578
Living cost
16 411
16 411
16 411
16 411
Free-cash
109 015
114 832
111 028
105 167

Estimated living cost  is ₽16411 per week

₽10854
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽940
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽392
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4227
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽42196
₽61794
₽46132
₽54675
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
45 838
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.

-
-
-
2 522
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.

-
-
-
6 517
trade
-
-
-
15 662
total
-
-
-
70 539
Employee

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

47 464
-
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.

215
-
2 522
-
income

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

3 903
-
45 838
-
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.

6 517
-
6 517
-
total
10 635
-
54 877
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
106 036
153 500
-
-
income
15 905
23 025
-
-
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.

874
1 267
-
-
chamber of commerce
301
369
-
-
trade
15 215
22 027
-
-
total
32 295
46 688
-
-
Dividends
73 740
106 811
-
-
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.

994
1 448
-
-
withholding
18 072
26 339
-
-
total
19 066
27 787
-
-
Income
153 500
153 500
153 500
153 500
Total tax
61 996
74 475
54 877
70 539
After tax
91 504
79 025
98 623
82 961
Living cost
36 829
36 829
36 829
36 829
Free-cash
54 675
42 196
61 794
46 132

Estimated living cost  is ₽36829 per week

₽25405
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3963
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽534
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6926
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽53110
₽28253
₽28253
₽55217
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
45 633
social contributions
-
-
-
25 274
total
-
-
-
70 907
Employee
74 619
-
153 500
-
income
14 080
-
45 633
-
social contributions
6 199
-
25 274
-
total
20 279
-
70 907
-
Employer
74 619
-
153 500
-
total
-
-
-
-
Corporate
78 881
153 500
-
-
income
9 861
19 187
-
-
total
9 861
19 187
-
-
Dividends
69 020
134 313
-
-
withholding
13 803
26 863
-
-
total
13 803
26 863
-
-
Income
153 500
153 500
153 500
153 500
Total tax
43 943
46 050
70 907
70 907
After tax
109 557
107 450
82 593
82 593
Living cost
54 340
54 340
54 340
54 340
Free-cash
55 217
53 110
28 253
28 253

Estimated living cost  is ₽54340 per week

₽41341
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4428
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽520
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8052
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽60107
₽75400
₽85869
₽63443
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
27 154
health

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

-
-
-
5 849
total
-
-
-
33 003
Employee
43 761
-
149 112
-
income
4 748
-
34 696
-
social contributions
4 384
-
4 388
-
total
9 132
-
39 084
-
Employer
43 761
-
149 112
-
social contributions
4 384
-
4 388
-
total
4 384
-
4 388
-
Corporate
105 355
153 500
-
-
income
36 873
53 725
-
-
total
36 873
53 725
-
-
Dividends
68 481
99 775
-
-
social contributions
5 040
5 040
-
-
total
5 040
5 040
-
-
Income
153 500
153 500
153 500
153 500
Total tax
55 429
58 765
43 472
33 003
After tax
98 071
94 735
110 028
120 497
Living cost
34 628
34 628
34 628
34 628
Free-cash
63 443
60 107
75 400
85 869

Estimated living cost  is ₽34628 per week

₽22809
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2730
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽530
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8557
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽66749
₽53663
₽67629
₽72354
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
42 469
pensions
-
-
-
8 250
total
-
-
-
50 719
Employee
48 251
-
134 213
-
pensions
3 683
-
10 244
-
income
8 787
-
33 157
-
health
629
-
1 997
-
total
13 099
-
45 398
-
Employer
48 251
-
134 213
-
health
917
-
2 551
-
pensions
4 875
-
16 736
-
total
5 792
-
19 287
-
Corporate
99 457
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.

18 897
29 166
-
-
total
18 897
29 166
-
-
Dividends
80 560
124 334
-
-
withholding
8 206
22 433
-
-
total
8 206
22 433
-
-
Income
153 500
153 500
153 500
153 500
Total tax
45 994
51 599
64 685
50 719
After tax
107 506
101 901
88 815
102 781
Living cost
35 152
35 152
35 152
35 152
Free-cash
72 354
66 749
53 663
67 629

Estimated living cost  is ₽35152 per week

₽24114
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3233
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽440
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7363
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽10664
₽59674
₽81899
₽8890
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
245
income
-
-
-
41 751
other
-
-
-
359
health
-
-
-
2 115
pensions
-
-
-
4 034
total
-
-
-
48 504
Employee
36 333
-
137 167
-
pensions
4 091
-
7 397
-
income
4 985
-
31 293
-
health
4 160
-
15 705
-
total
13 236
-
54 395
-
Employer
36 333
-
137 167
-
pensions
5 908
-
10 682
-
accident
607
-
2 291
-
unemployment
890
-
3 361
-
total
7 405
-
16 334
-
Corporate
109 763
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.

98 786
138 150
-
-
total
98 786
138 150
-
-
Dividends
10 976
15 350
-
-
withholding
2 086
2 917
-
-
total
2 086
2 917
-
-
Income
153 500
153 500
153 500
153 500
Total tax
121 513
141 067
70 729
48 504
After tax
31 987
12 433
82 771
104 996
Living cost
23 097
23 097
23 097
23 097
Free-cash
8 890
-10 664
59 674
81 899

Estimated living cost  is ₽23097 per week

₽16951
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1346
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽465
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4335
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽116300
₽94586
₽73635
₽111842
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
25 092
unemployment
-
-
-
1 828
work injury
-
-
-
762
health insurance
-
-
-
11 276
pensions
-
-
-
28 037
total
-
-
-
66 995
Employee

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

20 592
-
153 500
-
health insurance
1 524
-
5 638
-
unemployment
247
-
914
-
work injury
103
-
381
-
pensions
3 789
-
14 019
-
income
2 059
-
25 092
-
total
7 722
-
46 044
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
132 908
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%.

1 329
1 535
-
-
total
1 329
1 535
-
-
Dividends
131 579
151 965
-
-
withholding
19 737
22 795
-
-
total
19 737
22 795
-
-
Income
153 500
153 500
153 500
153 500
Total tax
28 788
24 330
46 044
66 995
After tax
124 712
129 170
107 456
86 505
Living cost
12 870
12 870
12 870
12 870
Free-cash
111 842
116 300
94 586
73 635

Estimated living cost  is ₽12870 per week

₽7973
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽935
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽402
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3560
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽42848
₽27653
₽34391
₽38510
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
3 500
municipal
-
-
-
1 026
national
-
-
-
37 100
total
-
-
-
81 106
Employee
80 385
-
153 500
-
municipal
480
-
916
-
national
13 584
-
32 065
-
regional
1 214
-
3 104
-
social contributions
27 105
-
51 759
-
total
42 383
-
87 844
-
Employer
80 385
-
153 500
-
total
-
-
-
-
Corporate
73 115
153 500
-
-
municipal
3 525
7 399
-
-
nationa
17 547
36 841
-
-
total
21 072
44 240
-
-
Dividends
52 044
109 261
-
-
withholding
13 532
28 409
-
-
total
13 532
28 409
-
-
Income
153 500
153 500
153 500
153 500
Total tax
76 987
72 649
87 844
81 106
After tax
76 513
80 851
65 656
72 394
Living cost
38 003
38 003
38 003
38 003
Free-cash
38 510
42 848
27 653
34 391

Estimated living cost  is ₽38003 per week

₽26694
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2614
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽574
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8119
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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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