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
₽69420
₽47987
₽52367
₽58745
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
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.

-
-
-
6 645
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.

-
-
-
45 471
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.

-
-
-
2 501
trade
-
-
-
17 053
total
-
-
-
71 670
Employee

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

37 205
-
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.

57
-
2 501
-
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.

1 039
-
45 471
-
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.

6 645
-
6 645
-
total
7 741
-
54 617
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
116 295
153 500
-
-
chamber of commerce
316
367
-
-
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.

960
1 266
-
-
trade
18 317
24 176
-
-
income
17 444
23 024
-
-
total
37 037
48 833
-
-
Dividends
79 258
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.

1 069
1 420
-
-
withholding
19 445
25 797
-
-
total
20 514
27 217
-
-
Income
153 500
153 500
153 500
153 500
Total tax
65 292
76 050
54 617
71 670
After tax
88 208
77 450
98 883
81 830
Living cost
29 463
29 463
29 463
29 463
Free-cash
58 745
47 987
69 420
52 367

Estimated living cost  is ₽29463 per week

₽18533
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3435
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽550
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6944
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽40910
₽44487
₽39706
₽43633
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
pensions
-
-
-
18 420
national
-
-
-
25 786
municipal
-
-
-
16 641
total
-
-
-
62 497
Employee
79 519
-
132 699
-
municipal
9 822
-
17 235
-
national
15 220
-
26 707
-
pensions
3 181
-
5 308
-
total
28 223
-
49 250
-
Employer
79 519
-
132 699
-
pensions
6 362
-
10 616
-
social contributions
855
-
1 427
-
total
7 217
-
12 043
-
Corporate
61 516
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%.

12 303
30 700
-
-
total
12 303
30 700
-
-
Dividends
49 213
122 800
-
-
withholding
10 827
27 016
-
-
total
10 827
27 016
-
-
Income
153 500
153 500
153 500
153 500
Total tax
58 570
57 716
61 293
62 497
After tax
94 930
95 784
92 207
91 003
Living cost
51 297
51 297
51 297
51 297
Free-cash
43 633
44 487
40 910
39 706

Estimated living cost  is ₽51297 per week

₽34866
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4768
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽768
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10895
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽72340
₽102563
₽31200
₽94583
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
social contributions

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

-
-
-
37 269
income
-
-
-
25 651
surtax
-
-
-
39 143
microenterprise
-
-
-
-
total
-
-
-
102 063
Employee
28 424
-
111 647
-
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.

3 127
-
12 281
-
income
5 060
-
21 747
-
total
8 187
-
34 028
-
Employer
28 424
-
111 647
-
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.

6 847
-
26 895
-
total
6 847
-
26 895
-
Corporate
118 230
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%.

23 646
30 700
-
-
total
23 646
30 700
-
-
Dividends

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

94 583
122 800
-
-
total
-
-
-
-
Income
153 500
153 500
153 500
153 500
Total tax
38 680
30 700
60 923
102 063
After tax
114 820
122 800
92 577
51 437
Living cost
20 237
20 237
20 237
20 237
Free-cash
94 583
102 563
72 340
31 200

Estimated living cost  is ₽20237 per week

₽12910
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1927
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.
₽4940
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽53216
₽34983
₽45236
₽29022
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
11 995
income
-
-
-
44 123
pensions
-
-
-
11 397
total
-
-
-
67 515
Employee
83 067
83 067
135 423
-
income

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

13 597
13 597
18 066
-
pensions
14 952
11 397
11 397
-
health
12 750
10 845
11 995
-
total
41 299
35 839
41 458
-
Employer
83 067
83 067
135 423
-
unemployment
2 990
2 990
3 716
-
health
5 774
5 774
7 175
-
pensions
5 781
5 781
7 186
-
total
14 545
14 545
18 077
-
Corporate
56 906
55 887
-
-
income
11 382
11 177
-
-
total
11 382
11 177
-
-
Dividends
45 524
44 710
-
-
income
9 675
9 501
-
-
withholding
6 828
6 706
-
-
total
16 503
16 207
-
-
Income
153 500
153 500
153 500
153 500
Total tax
83 729
77 768
59 535
67 515
After tax
69 771
75 732
93 965
85 985
Living cost
40 749
40 749
40 749
40 749
Free-cash
29 022
34 983
53 216
45 236

Estimated living cost  is ₽40749 per week

₽28878
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3673
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽648
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7550
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽38912
₽43329
₽39895
₽42420
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
10 310
health
-
-
-
5 536
accident
-
-
-
177
pensions
-
-
-
9 591
national
-
-
-
9 311
unemployment
-
-
-
89
municipal
-
-
-
38 109
total
-
-
-
73 123
Employee
57 684
-
125 623
-
municipal
17 201
-
37 461
-
national
-
-
8 768
-
total
17 201
-
46 229
-
Employer
57 684
-
125 623
-
other
6 703
-
10 310
-
unemployment
1 523
-
2 342
-
health
3 548
-
5 457
-
accident
115
-
177
-
pensions
6 236
-
9 591
-
total
18 125
-
27 877
-
Corporate
77 692
153 500
-
-
income
17 092
33 770
-
-
total
17 092
33 770
-
-
Dividends
60 600
119 730
-
-
withholding
18 180
35 919
-
-
total
18 180
35 919
-
-
Income
153 500
153 500
153 500
153 500
Total tax
70 598
69 689
74 106
73 123
After tax
82 902
83 811
79 394
80 377
Living cost
40 482
40 482
40 482
40 482
Free-cash
42 420
43 329
38 912
39 895

Estimated living cost  is ₽40482 per week

₽26830
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3972
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽615
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9065
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽60670
₽38447
₽42859
₽52116
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
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.

-
-
-
6 645
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.

-
-
-
45 471
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.

-
-
-
2 501
trade
-
-
-
17 811
total
-
-
-
72 428
Employee

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

49 329
-
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.

233
-
2 501
-
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.

4 238
-
45 471
-
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.

6 645
-
6 645
-
total
11 116
-
54 617
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
104 171
153 500
-
-
chamber of commerce
295
365
-
-
surtax

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

860
1 266
-
-
trade
17 136
25 251
-
-
income
15 626
23 024
-
-
total
33 917
49 906
-
-
Dividends
70 254
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.

945
1 405
-
-
withholding
17 193
25 529
-
-
total
18 138
26 934
-
-
Income
153 500
153 500
153 500
153 500
Total tax
63 171
76 840
54 617
72 428
After tax
90 329
76 660
98 883
81 072
Living cost
38 213
38 213
38 213
38 213
Free-cash
52 116
38 447
60 670
42 859

Estimated living cost  is ₽38213 per week

₽25557
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4030
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽570
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8056
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽72863
₽80489
₽74263
₽76453
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
15 738
health
-
-
-
3 913
income
-
-
-
28 036
total
-
-
-
47 687
Employee
74 798
74 798
142 491
-
social contributions
3 635
6 208
8 373
-
income
7 854
6 924
27 283
-
health
744
1 272
2 422
-
total
12 233
14 404
38 078
-
Employer
74 798
74 798
142 491
-
health
810
1 384
2 636
-
social contributions
3 635
6 208
8 373
-
total
4 445
7 592
11 009
-
Corporate
105 272
71 110
-
-
income
13 160
8 888
-
-
total
13 160
8 888
-
-
Dividends
92 112
62 221
-
-
withholding
15 659
10 577
-
-
total
15 659
10 577
-
-
Income
153 500
153 500
153 500
153 500
Total tax
45 497
41 461
49 087
47 687
After tax
108 003
112 039
104 413
105 813
Living cost
31 550
31 550
31 550
31 550
Free-cash
76 453
80 489
72 863
74 263

Estimated living cost  is ₽31550 per week

₽21568
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2464
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.
₽6989
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽71284
₽68565
₽88636
₽68933
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
10 745
income
-
-
-
18 765
pensions
-
-
-
15 350
unemployment
-
-
-
2 303
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.

25 551
10 169
128 452
-
income
3 124
1 243
15 703
-
pensions
2 555
1 017
12 845
-
health
1 789
712
8 992
-
unemployment
383
153
1 927
-
total
7 851
3 125
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.

25 551
10 169
128 452
-
pensions
4 983
1 983
25 048
-
total
4 983
1 983
25 048
-
Corporate
122 966
141 348
-
-
income
11 067
12 721
-
-
total
11 067
12 721
-
-
Dividends
111 899
128 627
-
-
social contributions
21 704
24 966
-
-
withholding
21 261
24 439
-
-
total
42 965
49 405
-
-
Income
153 500
153 500
153 500
153 500
Total tax
66 866
67 234
64 515
47 163
After tax
86 634
86 266
88 985
106 337
Living cost
17 701
17 701
17 701
17 701
Free-cash
68 933
68 565
71 284
88 636

Estimated living cost  is ₽17701 per week

₽12079
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1448
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽354
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3820
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽64981
₽99305
₽58781
₽93261
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
19 955
income
-
-
-
20 569
pensions
-
-
-
30 700
total
-
-
-
71 224
Employee
27 595
-
114 724
-
income
3 107
-
22 120
-
pensions
552
-
2 294
-
unemployment
441
-
1 835
-
total
4 100
-
26 249
-
Employer
27 595
-
114 724
-
unemployment
222
-
917
-
health
3 587
-
14 913
-
pensions
5 519
-
22 945
-
total
9 328
-
38 775
-
Corporate
116 578
153 500
-
-
income
23 316
30 700
-
-
total
23 316
30 700
-
-
Dividends
93 262
122 800
-
-
total
-
-
-
-
Income
153 500
153 500
153 500
153 500
Total tax
36 744
30 700
65 024
71 224
After tax
116 756
122 800
88 476
82 276
Living cost
23 495
23 495
23 495
23 495
Free-cash
93 261
99 305
64 981
58 781

Estimated living cost  is ₽23495 per week

₽16115
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1399
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽473
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5508
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽61154
-₽9120
₽83449
₽9127
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
363
health
-
-
-
2 137
accident
-
-
-
247
income
-
-
-
41 674
pensions
-
-
-
4 076
total
-
-
-
48 497
Employee
33 906
-
137 059
-
income
4 652
-
31 183
-
pensions
3 818
-
7 475
-
health
3 882
-
15 693
-
total
12 352
-
54 351
-
Employer
33 906
-
137 059
-
unemployment
831
-
3 358
-
accident
566
-
2 289
-
pensions
5 513
-
10 794
-
total
6 910
-
16 441
-
Corporate
112 684
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.

101 416
138 150
-
-
total
101 416
138 150
-
-
Dividends
11 268
15 350
-
-
withholding
2 141
2 916
-
-
total
2 141
2 916
-
-
Income
153 500
153 500
153 500
153 500
Total tax
122 819
141 066
70 792
48 497
After tax
30 681
12 434
82 708
105 003
Living cost
21 554
21 554
21 554
21 554
Free-cash
9 127
-9 120
61 154
83 449

Estimated living cost  is ₽21554 per week

₽15797
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1194
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽450
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4113
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽114806
₽137831
₽143971
₽136332
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
9 992
-
153 500
-
income
1 998
-
30 700
-
total
1 998
-
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%.

143 508
153 500
-
-
total
-
-
-
-
Dividends
143 508
153 500
-
-
withholding
7 176
7 675
-
-
total
7 176
7 675
-
-
Income
153 500
153 500
153 500
153 500
Total tax
9 174
7 675
30 700
1 535
After tax
144 326
145 825
122 800
151 965
Living cost
7 994
7 994
7 994
7 994
Free-cash
136 332
137 831
114 806
143 971

Estimated living cost  is ₽7994 per week

₽4954
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽664
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽220
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2156
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽61505
₽86857
₽56545
₽80285
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
7 026
health
-
-
-
6 509
income
-
-
-
22 000
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.

-
-
-
35 501
total
-
-
-
71 036
Employee
35 319
-
122 603
-
income
6 081
-
23 654
-
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.

2 472
-
8 584
-
health
495
-
1 717
-
unemployment
353
-
1 226
-
total
9 401
-
35 181
-
Employer
35 319
-
122 603
-
other
1 767
-
6 130
-
unemployment
353
-
1 226
-
health
495
-
1 717
-
accident
282
-
980
-
pensions

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

6 005
-
20 842
-
total
8 902
-
30 895
-
Corporate
109 280
153 500
-
-
income
22 949
32 236
-
-
total
22 949
32 236
-
-
Dividends
86 332
121 264
-
-
withholding
6 044
8 488
-
-
total
6 044
8 488
-
-
Income
153 500
153 500
153 500
153 500
Total tax
47 296
40 724
66 076
71 036
After tax
106 204
112 776
87 424
82 464
Living cost
25 919
25 919
25 919
25 919
Free-cash
80 285
86 857
61 505
56 545

Estimated living cost  is ₽25919 per week

₽18313
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1750
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽417
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5438
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽24443
₽37663
₽38428
₽37123
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
42 098
pensions
-
-
-
8 359
total
-
-
-
50 457
Employee
91 421
-
134 246
-
income
16 480
-
32 774
-
health
1 506
-
2 011
-
pensions
8 820
-
10 403
-
total
26 806
-
45 188
-
Employer
91 421
-
134 246
-
health
1 736
-
2 551
-
pensions
10 794
-
16 703
-
total
12 530
-
19 254
-
Corporate
49 549
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.

9 415
29 165
-
-
total
9 415
29 165
-
-
Dividends
40 134
124 335
-
-
withholding
3 011
22 057
-
-
total
3 011
22 057
-
-
Income
153 500
153 500
153 500
153 500
Total tax
51 762
51 222
64 442
50 457
After tax
101 738
102 278
89 058
103 043
Living cost
64 615
64 615
64 615
64 615
Free-cash
37 123
37 663
24 443
38 428

Estimated living cost  is ₽64615 per week

₽48417
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽7592
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽526
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8081
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽114742
₽118633
₽108896
₽114165
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
3 863
income
-
-
-
23 025
pensions

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

-
-
-
4 972
unemployment
-
-
-
134
total
-
-
-
31 994
Employee
16 697
-
146 909
-
income
1 669
-
14 691
-
accident

We are using the highest rate at 1.1%.

184
-
370
-
pensions

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

1 466
-
2 950
-
health
768
-
1 545
-
total
4 087
-
19 556
-
Employer
16 697
-
146 909
-
unemployment
100
-
202
-
health
1 152
-
2 318
-
accident

We are using the highest rate at 1.1%.

184
-
370
-
pensions

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

1 840
-
3 702
-
total
3 276
-
6 592
-
Corporate
133 527
153 500
-
-
income
13 353
15 350
-
-
total
13 353
15 350
-
-
Dividends
120 174
138 150
-
-
withholding
6 009
6 907
-
-
total
6 009
6 907
-
-
Income
153 500
153 500
153 500
153 500
Total tax
26 725
22 257
26 148
31 994
After tax
126 775
131 243
127 352
121 506
Living cost
12 610
12 610
12 610
12 610
Free-cash
114 165
118 633
114 742
108 896

Estimated living cost  is ₽12610 per week

₽7362
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽901
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽334
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4014
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽40026
₽21793
₽32046
₽24237
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
11 995
income
-
-
-
44 123
pensions
-
-
-
11 397
total
-
-
-
67 515
Employee
90 184
83 067
135 423
-
income

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

13 597
13 597
18 066
-
pensions
11 397
11 397
11 397
-
health
11 251
10 845
11 995
-
total
36 245
35 839
41 458
-
Employer
90 184
83 067
135 423
-
unemployment
3 247
2 990
3 716
-
health
6 267
5 774
7 175
-
pensions
6 276
5 781
7 186
-
total
15 790
14 545
18 077
-
Corporate
47 526
55 887
-
-
income
9 505
11 177
-
-
total
9 505
11 177
-
-
Dividends
38 021
44 710
-
-
income
8 080
9 501
-
-
withholding
5 704
6 706
-
-
total
13 784
16 207
-
-
Income
153 500
153 500
153 500
153 500
Total tax
75 324
77 768
59 535
67 515
After tax
78 176
75 732
93 965
85 985
Living cost
53 939
53 939
53 939
53 939
Free-cash
24 237
21 793
40 026
32 046

Estimated living cost  is ₽53939 per week

₽39789
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4818
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽618
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8715
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽53873
₽81663
₽59458
₽73094
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
34 566
health
-
-
-
20 722
income
-
-
-
14 732
solidarity contribution
-
-
-
-
total
-
-
-
70 020
Employee
35 326
-
114 552
-
social contributions
2 296
-
7 446
-
solidarity contribution
-
-
-
-
income
4 239
-
13 746
-
health
4 769
-
15 465
-
total
11 304
-
36 657
-
Employer
35 326
-
114 552
-
health
3 179
-
10 310
-
social contributions
8 831
-
28 638
-
total
12 010
-
38 948
-
Corporate
106 163
153 500
-
-
income
20 171
29 165
-
-
total
20 171
29 165
-
-
Dividends
85 992
124 335
-
-
withholding
12 899
18 650
-
-
total
12 899
18 650
-
-
Income
153 500
153 500
153 500
153 500
Total tax
56 384
47 815
75 605
70 020
After tax
97 116
105 685
77 895
83 480
Living cost
24 022
24 022
24 022
24 022
Free-cash
73 094
81 663
53 873
59 458

Estimated living cost  is ₽24022 per week

₽16686
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1709
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽472
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5155
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽26425
₽40853
₽33359
₽35771
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
39 481
national
-
-
-
36 909
regional
-
-
-
1 793
municipal
-
-
-
912
total
-
-
-
79 095
Employee
86 450
-
153 500
-
social contributions
29 151
-
51 760
-
municipal
458
-
814
-
national
14 980
-
31 874
-
regional
816
-
1 581
-
total
45 405
-
86 029
-
Employer
86 450
-
153 500
-
total
-
-
-
-
Corporate
67 050
153 500
-
-
nationa
16 093
36 839
-
-
municipal
2 616
5 986
-
-
total
18 709
42 825
-
-
Dividends
48 341
110 674
-
-
withholding
12 569
28 776
-
-
total
12 569
28 776
-
-
Income
153 500
153 500
153 500
153 500
Total tax
76 683
71 601
86 029
79 095
After tax
76 817
81 899
67 471
74 405
Living cost
41 046
41 046
41 046
41 046
Free-cash
35 771
40 853
26 425
33 359

Estimated living cost  is ₽41046 per week

₽28612
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2691
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽629
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9112
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽45774
₽75086
₽51379
₽72059
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
-
health
-
-
-
9 217
income
-
-
-
39 485
pensions
-
-
-
25 965
surtax
-
-
-
5 767
unemployment
-
-
-
222
total
-
-
-
80 656
Employee
32 168
-
126 806
-
surtax
105
-
4 881
-
income
5 392
-
34 170
-
other
-
-
-
-
pensions
2 145
-
8 458
-
health
821
-
3 234
-
unemployment
2 239
-
8 825
-
total
10 702
-
59 568
-
Employer
32 168
-
126 806
-
other
-
-
-
-
unemployment
1 019
-
4 020
-
health
1 464
-
5 770
-
pensions
4 288
-
16 903
-
total
6 771
-
26 693
-
Corporate
114 562
153 500
-
-
income
29 786
39 911
-
-
total
29 786
39 911
-
-
Dividends
84 776
113 589
-
-
withholding
12 717
17 038
-
-
total
12 717
17 038
-
-
Income
153 500
153 500
153 500
153 500
Total tax
59 976
56 949
86 261
80 656
After tax
93 524
96 551
67 239
72 844
Living cost
21 465
21 465
21 465
21 465
Free-cash
72 059
75 086
45 774
51 379

Estimated living cost  is ₽21465 per week

₽13125
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1981
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽495
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5865
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽44915
₽58135
₽58900
₽63264
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
42 098
pensions
-
-
-
8 359
total
-
-
-
50 457
Employee
61 268
-
134 246
-
income
11 035
-
32 774
-
health
889
-
2 011
-
pensions
5 200
-
10 403
-
total
17 124
-
45 188
-
Employer
61 268
-
134 246
-
health
1 164
-
2 551
-
pensions
6 632
-
16 703
-
total
7 796
-
19 254
-
Corporate
84 436
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.

16 043
29 165
-
-
total
16 043
29 165
-
-
Dividends
68 393
124 335
-
-
withholding
5 130
22 057
-
-
total
5 130
22 057
-
-
Income
153 500
153 500
153 500
153 500
Total tax
46 093
51 222
64 442
50 457
After tax
107 407
102 278
89 058
103 043
Living cost
44 143
44 143
44 143
44 143
Free-cash
63 264
58 135
44 915
58 900

Estimated living cost  is ₽44143 per week

₽33072
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3309
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽462
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7300
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽39321
-₽8592
₽46778
₽25118
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
3 070
health
-
-
-
346
pensions
-
-
-
14 122
city
-
-
-
1 619
national
-
-
-
1 898
regional
-
-
-
6 884
total
-
-
-
27 939
Employee
92 196
-
137 389
-
national
436
-
1 544
-
city
989
-
1 475
-
pensions
7 746
-
11 540
-
health
208
-
310
-
regional
3 019
-
5 929
-
unemployment
-
-
-
-
total
12 398
-
20 798
-
Employer
92 196
-
137 389
-
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.

1 843
-
2 748
-
unemployment
-
-
-
-
health
208
-
310
-
pensions
7 746
-
11 540
-
total
9 797
-
14 598
-
Corporate
50 493
153 500
-
-
regional
10 680
32 466
-
-
national
4 292
13 047
-
-
total
14 972
45 513
-
-
Dividends
35 522
107 987
-
-
withholding
12 432
37 796
-
-
total
12 432
37 796
-
-
Income
153 500
153 500
153 500
153 500
Total tax
49 599
83 309
35 396
27 939
After tax
103 901
70 191
118 104
125 561
Living cost
78 783
78 783
78 783
78 783
Free-cash
25 118
-8 592
39 321
46 778

Estimated living cost  is ₽78783 per week

₽51231
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽7070
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽967
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽19514
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽54322
₽31310
₽35754
₽47083
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
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.

-
-
-
6 645
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.

-
-
-
45 471
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.

-
-
-
2 501
trade
-
-
-
18 568
total
-
-
-
73 185
Employee

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

58 459
-
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.

378
-
2 501
-
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.

6 874
-
45 471
-
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.

6 645
-
6 645
-
total
13 897
-
54 617
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
95 041
153 500
-
-
chamber of commerce
281
364
-
-
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.

785
1 266
-
-
trade
16 300
26 325
-
-
income
14 256
23 024
-
-
total
31 622
50 979
-
-
Dividends
63 420
102 521
-
-
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.

851
1 390
-
-
withholding
15 486
25 260
-
-
total
16 337
26 650
-
-
Income
153 500
153 500
153 500
153 500
Total tax
61 856
77 629
54 617
73 185
After tax
91 644
75 871
98 883
80 315
Living cost
44 561
44 561
44 561
44 561
Free-cash
47 083
31 310
54 322
35 754

Estimated living cost  is ₽44561 per week

₽32546
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3564
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽580
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7873
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽53068
₽44084
₽53507
₽49829
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
4 759
social contributions
-
-
-
4 375
health
-
-
-
5 935
income
-
-
-
22 572
pensions
-
-
-
29 072
surtax
-
-
-
-
total
-
-
-
66 713
Employee
41 631
-
119 937
-
surtax
-
-
-
-
social contributions
1 187
-
3 417
-
income
2 457
-
22 309
-
pensions
4 707
-
7 866
-
total
8 351
-
33 592
-
Employer
41 631
-
119 937
-
other
1 436
-
4 477
-
unemployment
1 685
-
4 857
-
health
2 915
-
10 538
-
pensions
6 839
-
13 328
-
social contributions
126
-
360
-
total
13 001
-
33 560
-
Corporate
98 868
153 500
-
-
surtax
-
-
-
-
income
27 683
42 981
-
-
total
27 683
42 981
-
-
Dividends
71 184
110 519
-
-
social contributions
12 244
19 008
-
-
surtax
-
-
-
-
withholding
9 112
14 147
-
-
total
21 356
33 155
-
-
Income
153 500
153 500
153 500
153 500
Total tax
70 391
76 136
67 152
66 713
After tax
83 109
77 364
86 348
86 787
Living cost
33 280
33 280
33 280
33 280
Free-cash
49 829
44 084
53 068
53 507

Estimated living cost  is ₽33280 per week

₽20985
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2706
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽567
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9025
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽56365
₽47381
₽56804
₽52787
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
4 759
social contributions
-
-
-
4 375
health
-
-
-
5 935
income
-
-
-
22 572
pensions
-
-
-
29 072
surtax
-
-
-
-
total
-
-
-
66 713
Employee
37 162
-
119 937
-
surtax
-
-
-
-
social contributions
1 060
-
3 417
-
income
1 916
-
22 309
-
pensions
4 203
-
7 866
-
total
7 179
-
33 592
-
Employer
37 162
-
119 937
-
other
1 283
-
4 477
-
unemployment
1 504
-
4 857
-
health
2 601
-
10 538
-
pensions
6 106
-
13 328
-
social contributions
111
-
360
-
total
11 605
-
33 560
-
Corporate
104 733
153 500
-
-
surtax
-
-
-
-
income
29 324
42 981
-
-
total
29 324
42 981
-
-
Dividends
75 408
110 519
-
-
social contributions
12 970
19 008
-
-
surtax
-
-
-
-
withholding
9 652
14 147
-
-
total
22 622
33 155
-
-
Income
153 500
153 500
153 500
153 500
Total tax
70 730
76 136
67 152
66 713
After tax
82 770
77 364
86 348
86 787
Living cost
29 983
29 983
29 983
29 983
Free-cash
52 787
47 381
56 365
56 804

Estimated living cost  is ₽29983 per week

₽17389
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3046
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽569
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8980
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽75312
₽73023
₽77954
₽73529
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
21 182
health
-
-
-
10 714
income
-
-
-
23 024
total
-
-
-
54 920
Employee
32 981
-
153 500
-
social contributions
4 552
-
21 182
-
income
5 501
-
25 666
-
health
2 302
-
10 714
-
total
12 355
-
57 562
-
Employer
32 981
-
153 500
-
total
-
-
-
-
Corporate
120 519
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%.

6 025
7 675
-
-
total
6 025
7 675
-
-
Dividends
114 494
145 825
-
-
social contributions
15 799
20 124
-
-
withholding
17 175
21 874
-
-
health
7 991
10 178
-
-
total
40 965
52 176
-
-
Income
153 500
153 500
153 500
153 500
Total tax
59 345
59 851
57 562
54 920
After tax
94 155
93 649
95 938
98 580
Living cost
20 626
20 626
20 626
20 626
Free-cash
73 529
73 023
75 312
77 954

Estimated living cost  is ₽20626 per week

₽13804
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1272
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽474
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5074
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽5984
₽50825
₽44460
₽49323
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
8 692
income
-
-
-
38 277
chamber of commerce
-
-
-
615
pensions
-
-
-
21 023
surtax
-
-
-
192
unemployment
-
-
-
5 966
total
-
-
-
74 765
Employee
48 613
38 765
120 131
-
income
5 534
2 859
30 183
-
other
485
388
1 137
-
pensions
4 978
3 969
11 637
-
health
1 881
1 501
4 397
-
unemployment
1 458
1 163
3 409
-
total
14 336
9 880
50 763
-
Employer
48 613
38 765
120 131
-
other
2 309
1 840
5 650
-
unemployment
1 458
1 163
3 409
-
health
1 837
1 466
4 295
-
surtax
192
192
192
-
accident
631
504
1 477
-
pensions
6 101
4 866
14 262
-
payroll
1 458
1 163
3 603
-
chamber of commerce
194
155
480
-
total
14 180
11 349
33 368
-
Corporate
90 707
103 387
116 439
-
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.

22 677
25 847
29 110
-
total
22 677
25 847
29 110
-
Dividends
68 030
77 540
-
-
withholding
18 709
21 324
-
-
total
18 709
21 324
-
-
Income
153 500
153 500
153 500
153 500
Total tax
69 902
68 400
113 241
74 765
After tax
83 598
85 100
40 259
78 735
Living cost
34 275
34 275
34 275
34 275
Free-cash
49 323
50 825
5 984
44 460

Estimated living cost  is ₽34275 per week

₽22860
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2924
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽563
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7928
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽19574
₽50416
₽31135
₽35829
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
23 870
communal

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

-
-
-
7 777
national
-
-
-
55 251
total
-
-
-
86 898
Employee

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

69 580
-
118 891
-
national
21 392
-
42 111
-
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.

5 218
-
8 918
-
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.

3 269
-
5 588
-
communal

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

3 629
-
6 200
-
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.

605
-
1 034
-
total
34 113
-
63 851
-
Employer

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

69 580
-
118 891
-
unemployment

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

1 015
-
1 735
-
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.

4 279
-
7 312
-
surtax
7 890
-
13 483
-
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.

905
-
1 545
-
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.

6 165
-
10 533
-
total
20 254
-
34 608
-
Corporate
63 667
153 500
-
-
surtax
255
615
-
-
income
12 733
30 700
-
-
total
12 988
31 315
-
-
Dividends
50 679
122 186
-
-
withholding

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

14 849
36 302
-
-
total
14 849
36 302
-
-
Income
153 500
153 500
153 500
153 500
Total tax
82 204
67 617
98 459
86 898
After tax
71 296
85 883
55 041
66 602
Living cost
35 467
35 467
35 467
35 467
Free-cash
35 829
50 416
19 574
31 135

Estimated living cost  is ₽35467 per week

₽22845
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3101
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.
₽8966
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽47135
₽67405
₽51216
₽60417
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
90
accident
-
-
-
812
income
-
-
-
40 108
pensions
-
-
-
25 514
unemployment
-
-
-
631
total
-
-
-
67 155
Employee
48 420
-
124 757
-
income
10 216
-
36 768
-
other
48
-
90
-
pensions
2 276
-
4 238
-
unemployment
751
-
1 397
-
total
13 291
-
42 493
-
Employer
48 420
-
124 757
-
other
386
-
722
-
unemployment
2 664
-
4 958
-
accident
958
-
1 785
-
pensions
11 426
-
21 278
-
total
15 434
-
28 743
-
Corporate
89 646
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.

13 448
23 024
-
-
total
13 448
23 024
-
-
Dividends
76 199
130 476
-
-
withholding
15 781
27 942
-
-
total
15 781
27 942
-
-
Income
153 500
153 500
153 500
153 500
Total tax
57 954
50 966
71 236
67 155
After tax
95 546
102 534
82 264
86 345
Living cost
35 129
35 129
35 129
35 129
Free-cash
60 417
67 405
47 135
51 216

Estimated living cost  is ₽35129 per week

₽25869
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2492
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.
₽6261
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽31145
₽37984
₽25029
₽26416
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
10 786
accident
-
-
-
1 294
income
-
-
-
23 212
pensions
-
-
-
23 008
communal
-
-
-
9 700
surtax
-
-
-
7 609
total
-
-
-
75 609
Employee
73 664
-
137 114
-
surtax
4 515
-
8 403
-
income
7 115
-
27 631
-
pensions
5 892
-
10 969
-
health
3 278
-
6 103
-
total
20 800
-
53 106
-
Employer
73 664
-
137 114
-
health
2 247
-
4 183
-
accident
663
-
1 235
-
pensions
5 892
-
10 969
-
total
8 802
-
16 387
-
Corporate
71 035
153 500
-
-
surtax
746
1 611
-
-
income
10 655
23 024
-
-
communal
4 796
10 361
-
-
total
16 197
34 996
-
-
Dividends
54 839
118 503
-
-
income
20 198
9 882
-
-
withholding
8 225
17 776
-
-
total
28 423
27 658
-
-
Income
153 500
153 500
153 500
153 500
Total tax
74 222
62 654
69 493
75 609
After tax
79 278
90 846
84 007
77 891
Living cost
52 862
52 862
52 862
52 862
Free-cash
26 416
37 984
31 145
25 029

Estimated living cost  is ₽52862 per week

₽39654
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3203
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.
₽9444
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽45390
₽74702
₽50995
₽71608
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
-
health
-
-
-
9 217
income
-
-
-
39 485
pensions
-
-
-
25 965
surtax
-
-
-
5 767
unemployment
-
-
-
222
total
-
-
-
80 656
Employee
32 758
-
126 806
-
surtax
116
-
4 881
-
income
5 492
-
34 170
-
other
-
-
-
-
pensions
2 186
-
8 458
-
health
836
-
3 234
-
unemployment
2 280
-
8 825
-
total
10 910
-
59 568
-
Employer
32 758
-
126 806
-
other
-
-
-
-
unemployment
1 039
-
4 020
-
health
1 490
-
5 770
-
pensions
4 367
-
16 903
-
total
6 896
-
26 693
-
Corporate
113 846
153 500
-
-
income
29 600
39 911
-
-
total
29 600
39 911
-
-
Dividends
84 246
113 589
-
-
withholding
12 637
17 038
-
-
total
12 637
17 038
-
-
Income
153 500
153 500
153 500
153 500
Total tax
60 043
56 949
86 261
80 656
After tax
93 457
96 551
67 239
72 844
Living cost
21 849
21 849
21 849
21 849
Free-cash
71 608
74 702
45 390
50 995

Estimated living cost  is ₽21849 per week

₽13191
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1899
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽508
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6252
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽40784
₽54481
₽47681
₽52320
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
39 481
national
-
-
-
36 909
regional
-
-
-
2 314
municipal
-
-
-
912
total
-
-
-
79 616
Employee
53 959
-
153 500
-
social contributions
18 195
-
51 760
-
municipal
286
-
814
-
national
8 549
-
31 874
-
regional
726
-
2 065
-
total
27 756
-
86 513
-
Employer
53 959
-
153 500
-
total
-
-
-
-
Corporate
99 541
153 500
-
-
nationa
23 890
36 839
-
-
municipal
4 947
7 629
-
-
total
28 837
44 468
-
-
Dividends
70 704
109 031
-
-
withholding
18 384
28 348
-
-
total
18 384
28 348
-
-
Income
153 500
153 500
153 500
153 500
Total tax
74 977
72 816
86 513
79 616
After tax
78 523
80 684
66 987
73 884
Living cost
26 203
26 203
26 203
26 203
Free-cash
52 320
54 481
40 784
47 681

Estimated living cost  is ₽26203 per week

₽16296
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.
₽449
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6804
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽48294
₽76084
₽53879
₽65523
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
34 566
health
-
-
-
20 722
income
-
-
-
14 732
solidarity contribution
-
-
-
-
total
-
-
-
70 020
Employee
43 531
-
114 552
-
social contributions
2 829
-
7 446
-
solidarity contribution
-
-
-
-
income
5 224
-
13 746
-
health
5 877
-
15 465
-
total
13 930
-
36 657
-
Employer
43 531
-
114 552
-
health
3 918
-
10 310
-
social contributions
10 883
-
28 638
-
total
14 801
-
38 948
-
Corporate
95 169
153 500
-
-
income
18 082
29 165
-
-
total
18 082
29 165
-
-
Dividends
77 087
124 335
-
-
withholding
11 563
18 650
-
-
total
11 563
18 650
-
-
Income
153 500
153 500
153 500
153 500
Total tax
58 376
47 815
75 605
70 020
After tax
95 124
105 685
77 895
83 480
Living cost
29 601
29 601
29 601
29 601
Free-cash
65 523
76 084
48 294
53 879

Estimated living cost  is ₽29601 per week

₽22013
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1640
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽512
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5436
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽9283
₽54172
₽47894
₽53688
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
8 692
income
-
-
-
38 277
chamber of commerce
-
-
-
615
pensions
-
-
-
21 023
surtax
-
-
-
-
unemployment
-
-
-
5 966
total
-
-
-
74 573
Employee
42 521
38 765
120 308
-
income
3 788
2 859
30 257
-
other
425
388
1 137
-
pensions
4 355
3 969
11 637
-
health
1 645
1 501
4 397
-
unemployment
1 276
1 163
3 409
-
total
11 489
9 880
50 837
-
Employer
42 521
38 765
120 308
-
other
2 019
1 840
5 658
-
unemployment
1 276
1 163
3 409
-
health
1 608
1 466
4 295
-
surtax
-
-
-
-
accident
552
504
1 477
-
pensions
5 337
4 866
14 262
-
payroll
1 276
1 163
3 609
-
chamber of commerce
170
155
482
-
total
12 238
11 157
33 192
-
Corporate
98 743
103 579
116 616
-
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.

24 686
25 895
29 155
-
total
24 686
25 895
29 155
-
Dividends
74 057
77 684
-
-
withholding
20 366
21 363
-
-
total
20 366
21 363
-
-
Income
153 500
153 500
153 500
153 500
Total tax
68 779
68 295
113 184
74 573
After tax
84 721
85 205
40 316
78 927
Living cost
31 033
31 033
31 033
31 033
Free-cash
53 688
54 172
9 283
47 894

Estimated living cost  is ₽31033 per week

₽18616
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3169
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽554
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8694
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽110343
₽133368
₽139508
₽131032
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
15 571
-
153 500
-
income
3 114
-
30 700
-
total
3 114
-
30 700
-
Employer
-
-
-
-
total
-
-
-
-
Corporate

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

137 929
153 500
-
-
total
-
-
-
-
Dividends
137 929
153 500
-
-
withholding
6 897
7 675
-
-
total
6 897
7 675
-
-
Income
153 500
153 500
153 500
153 500
Total tax
10 011
7 675
30 700
1 535
After tax
143 489
145 825
122 800
151 965
Living cost
12 457
12 457
12 457
12 457
Free-cash
131 032
133 368
110 343
139 508

Estimated living cost  is ₽12457 per week

₽8429
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽523
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽418
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3086
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽45718
₽79594
₽49785
₽71457
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
15 105
income
-
-
-
34 256
pensions
-
-
-
28 032
unemployment
-
-
-
231
total
-
-
-
77 624
Employee

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

43 014
-
132 820
-
income
7 418
-
31 657
-
pensions
6 668
-
20 588
-
health
2 778
-
8 580
-
unemployment
61
-
186
-
total
16 925
-
61 011
-
Employer

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

43 014
-
132 820
-
unemployment
26
-
79
-
health
2 865
-
8 846
-
pensions
3 806
-
11 755
-
total
6 697
-
20 680
-
Corporate
103 789
153 500
-
-
income
19 720
29 166
-
-
total
19 720
29 166
-
-
Dividends
84 069
124 334
-
-
withholding
12 610
18 649
-
-
total
12 610
18 649
-
-
Income
153 500
153 500
153 500
153 500
Total tax
55 952
47 815
81 691
77 624
After tax
97 548
105 685
71 809
75 876
Living cost
26 091
26 091
26 091
26 091
Free-cash
71 457
79 594
45 718
49 785

Estimated living cost  is ₽26091 per week

₽17906
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1672
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.
₽6009
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽95336
₽48815
₽61507
-₽531
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
17 499
income
-
-
-
29 920
total
-
-
-
47 419
Employee
63 913
-
-
-
social contributions
5 241
-
747
-
income
14 098
-
-
-
total
19 339
-
747
-
Employer
63 913
-
-
-
social contributions
90 118
-
12 843
-
total
90 118
-
12 843
-
Corporate
-
153 500
-
-
income
-
33 770
-
-
total
-
33 770
-
-
Dividends
-
119 730
-
-
income
-
26 341
-
-
total
-
26 341
-
-
Income
153 500
153 500
153 500
153 500
Total tax
109 457
60 111
13 590
47 419
After tax
44 043
93 389
139 910
106 081
Living cost
44 574
44 574
44 574
44 574
Free-cash
-531
48 815
95 336
61 507

Estimated living cost  is ₽44574 per week

₽28922
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4192
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.
₽10892
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽41203
₽56799
₽52340
₽55821
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
social contributions

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

-
-
-
53 342
income
-
-
-
17 307
surtax
-
-
-
-
total
-
-
-
70 649
Employee
44 738
-
124 041
-
surtax
-
-
-
-
social contributions
4 921
-
13 645
-
income
9 306
-
38 682
-
total
14 227
-
52 327
-
Employer
44 738
-
124 041
-
social contributions
10 625
-
29 459
-
total
10 625
-
29 459
-
Corporate
98 137
153 500
-
-
surtax
-
-
-
-
income
20 608
32 236
-
-
total
20 608
32 236
-
-
Dividends
77 529
121 264
-
-
withholding
21 708
33 954
-
-
total
21 708
33 954
-
-
Income
153 500
153 500
153 500
153 500
Total tax
67 168
66 190
81 786
70 649
After tax
86 332
87 310
71 714
82 851
Living cost
30 511
30 511
30 511
30 511
Free-cash
55 821
56 799
41 203
52 340

Estimated living cost  is ₽30511 per week

₽22829
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1800
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽509
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5374
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽39367
₽30383
₽39806
₽37070
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
4 759
social contributions
-
-
-
4 375
health
-
-
-
5 935
income
-
-
-
22 572
pensions
-
-
-
29 072
surtax
-
-
-
-
total
-
-
-
66 713
Employee
60 924
-
119 937
-
surtax
-
-
-
-
social contributions
1 735
-
3 417
-
income
5 316
-
22 309
-
pensions
6 891
-
7 866
-
total
13 942
-
33 592
-
Employer
60 924
-
119 937
-
other
2 103
-
4 477
-
unemployment
2 468
-
4 857
-
health
4 264
-
10 538
-
pensions
10 010
-
13 328
-
social contributions
183
-
360
-
total
19 028
-
33 560
-
Corporate
73 548
153 500
-
-
surtax
-
-
-
-
income
20 593
42 981
-
-
total
20 593
42 981
-
-
Dividends
52 955
110 519
-
-
social contributions
9 108
19 008
-
-
surtax
-
-
-
-
withholding
6 778
14 147
-
-
total
15 886
33 155
-
-
Income
153 500
153 500
153 500
153 500
Total tax
69 449
76 136
67 152
66 713
After tax
84 051
77 364
86 348
86 787
Living cost
46 981
46 981
46 981
46 981
Free-cash
37 070
30 383
39 367
39 806

Estimated living cost  is ₽46981 per week

₽31796
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3843
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽644
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10697
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽88500
₽108909
₽84423
₽105643
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
6 066
social contributions
-
-
-
33 771
total
-
-
-
39 837
Employee
31 272
-
132 899
-
income
-
-
6 520
-
social contributions
2 032
-
8 639
-
total
2 032
-
15 159
-
Employer
31 272
-
132 899
-
social contributions
4 847
-
20 601
-
total
4 847
-
20 601
-
Corporate
117 380
153 500
-
-
income
11 738
15 351
-
-
total
11 738
15 351
-
-
Dividends
105 642
138 149
-
-
total
-
-
-
-
Income
153 500
153 500
153 500
153 500
Total tax
18 617
15 351
35 760
39 837
After tax
134 883
138 149
117 740
113 663
Living cost
29 240
29 240
29 240
29 240
Free-cash
105 643
108 909
88 500
84 423

Estimated living cost  is ₽29240 per week

₽18906
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2204
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽550
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7579
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽58083
-₽58083
₽44776
-₽58083
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
12 213
pensions
-
-
-
842
national
-
-
-
17 447
municipal
-
-
-
31 453
total
-
-
-
61 955
Employee
197 399
197 399
197 399
-
labour market
15 769
15 769
15 769
-
municipal
42 035
42 035
42 035
-
national
24 116
24 116
24 116
-
pensions
281
281
281
-
total
82 201
82 201
82 201
-
Employer
197 399
197 399
197 399
-
national
24 158
24 158
24 158
-
labour market
15 792
15 792
15 792
-
pensions
561
561
561
-
municipal
42 102
42 102
42 102
-
total
82 613
82 613
82 613
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
153 500
153 500
153 500
153 500
Total tax
164 814
164 814
164 814
61 955
After tax
-11 314
-11 314
-11 314
91 545
Living cost
46 769
46 769
46 769
46 769
Free-cash
-58 083
-58 083
-58 083
44 776

Estimated living cost  is ₽46769 per week

₽32009
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4137
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽719
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9903
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽61472
-₽8802
₽83767
₽9175
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
363
health
-
-
-
2 137
accident
-
-
-
247
income
-
-
-
41 674
pensions
-
-
-
4 076
total
-
-
-
48 497
Employee
33 406
-
137 059
-
income
4 583
-
31 183
-
pensions
3 762
-
7 475
-
health
3 825
-
15 693
-
total
12 170
-
54 351
-
Employer
33 406
-
137 059
-
unemployment
819
-
3 358
-
accident
558
-
2 289
-
pensions
5 432
-
10 794
-
total
6 809
-
16 441
-
Corporate
113 286
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.

101 958
138 150
-
-
total
101 958
138 150
-
-
Dividends
11 328
15 350
-
-
withholding
2 152
2 916
-
-
total
2 152
2 916
-
-
Income
153 500
153 500
153 500
153 500
Total tax
123 089
141 066
70 792
48 497
After tax
30 411
12 434
82 708
105 003
Living cost
21 236
21 236
21 236
21 236
Free-cash
9 175
-8 802
61 472
83 767

Estimated living cost  is ₽21236 per week

₽15458
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1211
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽398
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4169
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽44313
₽59948
₽64253
₽61965
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
1 959
national
-
-
-
22 665
municipal
-
-
-
27 277
total
-
-
-
51 901
Employee
51 177
-
129 132
-
municipal
8 382
-
21 042
-
national
845
-
14 197
-
pensions
3 454
-
8 716
-
health
382
-
1 582
-
unemployment
768
-
1 936
-
total
13 831
-
47 473
-
Employer
51 177
-
129 132
-
unemployment
332
-
840
-
health
393
-
995
-
accident
52
-
129
-
pensions
8 879
-
22 404
-
total
9 656
-
24 368
-
Corporate
92 667
153 500
-
-
income
18 533
30 700
-
-
total
18 533
30 700
-
-
Dividends

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

55 600
92 100
-
-
national
2 160
8 928
-
-
municipal
10 009
16 578
-
-
total
12 169
25 506
-
-
Income
153 500
153 500
153 500
153 500
Total tax
54 189
56 206
71 841
51 901
After tax
99 311
97 294
81 659
101 599
Living cost
37 346
37 346
37 346
37 346
Free-cash
61 965
59 948
44 313
64 253

Estimated living cost  is ₽37346 per week

₽24394
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3592
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

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
₽81892
₽89518
₽83292
₽84224
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
15 738
health
-
-
-
3 913
income
-
-
-
28 036
total
-
-
-
47 687
Employee
74 798
74 798
142 491
-
social contributions
2 828
6 208
8 373
-
income
8 144
6 924
27 283
-
health
580
1 272
2 422
-
total
11 552
14 404
38 078
-
Employer
74 798
74 798
142 491
-
health
629
1 384
2 636
-
social contributions
2 828
6 208
8 373
-
total
3 457
7 592
11 009
-
Corporate
115 969
71 110
-
-
income
14 496
8 888
-
-
total
14 496
8 888
-
-
Dividends
101 473
62 221
-
-
withholding
17 250
10 577
-
-
total
17 250
10 577
-
-
Income
153 500
153 500
153 500
153 500
Total tax
46 755
41 461
49 087
47 687
After tax
106 745
112 039
104 413
105 813
Living cost
22 521
22 521
22 521
22 521
Free-cash
84 224
89 518
81 892
83 292

Estimated living cost  is ₽22521 per week

₽13497
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2210
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.
₽6317
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽93342
₽111670
₽112849
₽106719
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
3 520
income
-
-
-
15 471
pensions
-
-
-
6 188
unemployment
-
-
-
28
total
-
-
-
25 207
Employee

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

22 327
-
143 993
-
income
1 527
-
13 058
-
pensions
3 349
-
13 844
-
health
1 898
-
7 845
-
unemployment
111
-
461
-
total
6 885
-
35 208
-
Employer

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

22 327
-
143 993
-
unemployment
111
-
461
-
health
960
-
3 969
-
pensions
1 228
-
5 076
-
total
2 299
-
9 506
-
Corporate
128 874
153 500
-
-
income
11 598
13 815
-
-
total
11 598
13 815
-
-
Dividends
117 276
139 685
-
-
withholding
10 555
12 571
-
-
total
10 555
12 571
-
-
Income
153 500
153 500
153 500
153 500
Total tax
31 337
26 386
44 714
25 207
After tax
122 163
127 114
108 786
128 293
Living cost
15 444
15 444
15 444
15 444
Free-cash
106 719
111 670
93 342
112 849

Estimated living cost  is ₽15444 per week

₽9854
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1113
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.
₽4017
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽55515
₽75785
₽59596
₽71446
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
90
accident
-
-
-
812
income
-
-
-
40 108
pensions
-
-
-
25 514
unemployment
-
-
-
631
total
-
-
-
67 155
Employee
35 967
-
124 757
-
income
6 934
-
36 768
-
other
35
-
90
-
pensions
1 691
-
4 238
-
unemployment
557
-
1 397
-
total
9 217
-
42 493
-
Employer
35 967
-
124 757
-
other
288
-
722
-
unemployment
1 979
-
4 958
-
accident
713
-
1 785
-
pensions
8 488
-
21 278
-
total
11 468
-
28 743
-
Corporate
106 066
153 500
-
-
income

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

15 910
23 024
-
-
total
15 910
23 024
-
-
Dividends
90 155
130 476
-
-
withholding
18 710
27 942
-
-
total
18 710
27 942
-
-
Income
153 500
153 500
153 500
153 500
Total tax
55 305
50 966
71 236
67 155
After tax
98 195
102 534
82 264
86 345
Living cost
26 749
26 749
26 749
26 749
Free-cash
71 446
75 785
55 515
59 596

Estimated living cost  is ₽26749 per week

₽18055
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2571
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽469
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5654
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽96783
₽93980
₽96912
₽93685
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
954
income
-
-
-
52 514
pensions
-
-
-
1 316
total
-
-
-
54 784
Employee
2 748
-
152 020
-
income
532
-
52 445
-
pensions
247
-
592
-
health
137
-
329
-
unemployment
27
-
66
-
total
943
-
53 432
-
Employer
2 748
-
152 020
-
unemployment
55
-
132
-
health
261
-
625
-
pensions
302
-
724
-
total
618
-
1 481
-
Corporate
150 134
153 500
-
-
income
33 029
33 770
-
-
total
33 029
33 770
-
-
Dividends
117 105
119 730
-
-
withholding
23 421
23 946
-
-
total
23 421
23 946
-
-
Income
153 500
153 500
153 500
153 500
Total tax
58 011
57 716
54 913
54 784
After tax
95 489
95 784
98 587
98 716
Living cost
1 804
1 804
1 804
1 804
Free-cash
93 685
93 980
96 783
96 912

Estimated living cost  is ₽1804 per week

₽1072
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽146
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽41
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽544
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽75366
₽94155
₽75366
₽89389
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
7 372
income
-
-
-
34 330
pensions
-
-
-
18 609
unemployment
-
-
-
1 074
total
-
-
-
61 385
Employee

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

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

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

25 256
-
140 688
-
income
3 481
-
34 330
-
pensions
3 536
-
10 020
-
health
1 301
-
3 686
-
unemployment
189
-
537
-
total
8 507
-
48 573
-
Employer

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

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

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

25 256
-
140 688
-
unemployment
189
-
537
-
health
1 301
-
3 686
-
pensions
3 031
-
8 589
-
total
4 521
-
12 812
-
Corporate
123 723
153 500
-
-
income
18 559
23 025
-
-
total
18 559
23 025
-
-
Dividends
105 165
130 475
-
-
withholding
15 775
19 571
-
-
total
15 775
19 571
-
-
Income
153 500
153 500
153 500
153 500
Total tax
47 362
42 596
61 385
61 385
After tax
106 138
110 904
92 115
92 115
Living cost
16 749
16 749
16 749
16 749
Free-cash
89 389
94 155
75 366
75 366

Estimated living cost  is ₽16749 per week

₽11277
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1296
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.
₽3692
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽45490
₽61086
₽56627
₽60735
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
social contributions

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

-
-
-
53 342
income
-
-
-
17 307
surtax
-
-
-
-
total
-
-
-
70 649
Employee
37 754
-
124 041
-
surtax
-
-
-
-
social contributions
4 153
-
13 645
-
income
7 377
-
38 682
-
total
11 530
-
52 327
-
Employer
37 754
-
124 041
-
social contributions
8 966
-
29 459
-
total
8 966
-
29 459
-
Corporate
106 781
153 500
-
-
surtax
-
-
-
-
income
22 424
32 236
-
-
total
22 424
32 236
-
-
Dividends
84 356
121 264
-
-
withholding
23 621
33 954
-
-
total
23 621
33 954
-
-
Income
153 500
153 500
153 500
153 500
Total tax
66 541
66 190
81 786
70 649
After tax
86 959
87 310
71 714
82 851
Living cost
26 224
26 224
26 224
26 224
Free-cash
60 735
61 086
45 490
56 627

Estimated living cost  is ₽26224 per week

₽18574
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1822
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.
₽5364
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽48078
₽68348
₽52159
₽61692
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
90
accident
-
-
-
812
income
-
-
-
40 108
pensions
-
-
-
25 514
unemployment
-
-
-
631
total
-
-
-
67 155
Employee
46 978
-
124 757
-
income
9 812
-
36 768
-
other
46
-
90
-
pensions
2 208
-
4 238
-
unemployment
727
-
1 397
-
total
12 793
-
42 493
-
Employer
46 978
-
124 757
-
other
377
-
722
-
unemployment
2 584
-
4 958
-
accident
930
-
1 785
-
pensions
11 087
-
21 278
-
total
14 978
-
28 743
-
Corporate
91 544
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.

13 732
23 024
-
-
total
13 732
23 024
-
-
Dividends
77 812
130 476
-
-
withholding
16 119
27 942
-
-
total
16 119
27 942
-
-
Income
153 500
153 500
153 500
153 500
Total tax
57 622
50 966
71 236
67 155
After tax
95 878
102 534
82 264
86 345
Living cost
34 186
34 186
34 186
34 186
Free-cash
61 692
68 348
48 078
52 159

Estimated living cost  is ₽34186 per week

₽24551
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2658
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽482
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6496
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽110808
₽114699
₽104962
₽108837
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
3 863
income
-
-
-
23 025
pensions

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

-
-
-
4 972
unemployment
-
-
-
134
total
-
-
-
31 994
Employee
21 907
-
146 909
-
income
2 191
-
14 691
-
accident

We are using the highest rate at 1.1%.

241
-
370
-
pensions

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

1 923
-
2 950
-
health
1 008
-
1 545
-
total
5 363
-
19 556
-
Employer
21 907
-
146 909
-
unemployment
132
-
202
-
health
1 512
-
2 318
-
accident

We are using the highest rate at 1.1%.

241
-
370
-
pensions

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

2 414
-
3 702
-
total
4 299
-
6 592
-
Corporate
127 294
153 500
-
-
income
12 729
15 350
-
-
total
12 729
15 350
-
-
Dividends
114 565
138 150
-
-
withholding
5 728
6 907
-
-
total
5 728
6 907
-
-
Income
153 500
153 500
153 500
153 500
Total tax
28 119
22 257
26 148
31 994
After tax
125 381
131 243
127 352
121 506
Living cost
16 544
16 544
16 544
16 544
Free-cash
108 837
114 699
110 808
104 962

Estimated living cost  is ₽16544 per week

₽10942
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽947
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽395
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4261
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽61329
₽41474
₽45792
₽54201
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
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.

-
-
-
6 645
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.

-
-
-
45 471
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.

-
-
-
2 501
trade
-
-
-
15 537
total
-
-
-
70 154
Employee

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

48 399
-
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.

220
-
2 501
-
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.

3 980
-
45 471
-
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.

6 645
-
6 645
-
total
10 845
-
54 617
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
105 101
153 500
-
-
chamber of commerce
301
373
-
-
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.

868
1 266
-
-
trade
15 081
22 028
-
-
income
15 764
23 024
-
-
total
32 014
46 691
-
-
Dividends
73 087
106 809
-
-
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.

984
1 449
-
-
withholding
17 902
26 332
-
-
total
18 886
27 781
-
-
Income
153 500
153 500
153 500
153 500
Total tax
61 745
74 472
54 617
70 154
After tax
91 755
79 028
98 883
83 346
Living cost
37 554
37 554
37 554
37 554
Free-cash
54 201
41 474
61 329
45 792

Estimated living cost  is ₽37554 per week

₽25906
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4041
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.
₽7063
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽27573
₽52040
₽27573
₽54187
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
45 321
social contributions
-
-
-
25 195
total
-
-
-
70 516
Employee
76 089
-
153 500
-
income
14 358
-
45 321
-
social contributions
6 321
-
25 195
-
total
20 679
-
70 516
-
Employer
76 089
-
153 500
-
total
-
-
-
-
Corporate
77 411
153 500
-
-
income
9 676
19 187
-
-
total
9 676
19 187
-
-
Dividends
67 735
134 313
-
-
withholding
13 547
26 862
-
-
total
13 547
26 862
-
-
Income
153 500
153 500
153 500
153 500
Total tax
43 902
46 049
70 516
70 516
After tax
109 598
107 451
82 984
82 984
Living cost
55 411
55 411
55 411
55 411
Free-cash
54 187
52 040
27 573
27 573

Estimated living cost  is ₽55411 per week

₽42156
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4515
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.
₽8211
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽74919
₽59325
₽84500
₽62725
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
27 689
health

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

-
-
-
6 001
total
-
-
-
33 690
Employee
44 623
-
149 025
-
income
4 842
-
34 321
-
social contributions
4 471
-
4 475
-
total
9 313
-
38 796
-
Employer
44 623
-
149 025
-
social contributions
4 471
-
4 475
-
total
4 471
-
4 475
-
Corporate
104 406
153 500
-
-
income
36 542
53 726
-
-
total
36 542
53 726
-
-
Dividends
67 864
99 774
-
-
social contributions
5 139
5 139
-
-
total
5 139
5 139
-
-
Income
153 500
153 500
153 500
153 500
Total tax
55 465
58 865
43 271
33 690
After tax
98 035
94 635
110 229
119 810
Living cost
35 310
35 310
35 310
35 310
Free-cash
62 725
59 325
74 919
84 500

Estimated living cost  is ₽35310 per week

₽23259
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2784
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽541
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8726
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽53171
₽66391
₽67156
₽72111
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
42 098
pensions
-
-
-
8 359
total
-
-
-
50 457
Employee
49 260
-
134 246
-
income
8 971
-
32 774
-
health
643
-
2 011
-
pensions
3 760
-
10 403
-
total
13 374
-
45 188
-
Employer
49 260
-
134 246
-
health
936
-
2 551
-
pensions
4 977
-
16 703
-
total
5 913
-
19 254
-
Corporate
98 327
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.

18 682
29 165
-
-
total
18 682
29 165
-
-
Dividends
79 645
124 335
-
-
withholding
7 533
22 057
-
-
total
7 533
22 057
-
-
Income
153 500
153 500
153 500
153 500
Total tax
45 502
51 222
64 442
50 457
After tax
107 998
102 278
89 058
103 043
Living cost
35 887
35 887
35 887
35 887
Free-cash
72 111
66 391
53 171
67 156

Estimated living cost  is ₽35887 per week

₽24618
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3300
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽449
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7517
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽59369
-₽10905
₽81664
₽8854
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
363
health
-
-
-
2 137
accident
-
-
-
247
income
-
-
-
41 674
pensions
-
-
-
4 076
total
-
-
-
48 497
Employee
36 713
-
137 059
-
income
5 037
-
31 183
-
pensions
4 134
-
7 475
-
health
4 203
-
15 693
-
total
13 374
-
54 351
-
Employer
36 713
-
137 059
-
unemployment
899
-
3 358
-
accident
613
-
2 289
-
pensions
5 969
-
10 794
-
total
7 481
-
16 441
-
Corporate
109 306
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.

98 375
138 150
-
-
total
98 375
138 150
-
-
Dividends
10 930
15 350
-
-
withholding
2 077
2 916
-
-
total
2 077
2 916
-
-
Income
153 500
153 500
153 500
153 500
Total tax
121 307
141 066
70 792
48 497
After tax
32 193
12 434
82 708
105 003
Living cost
23 339
23 339
23 339
23 339
Free-cash
8 854
-10 905
59 369
81 664

Estimated living cost  is ₽23339 per week

₽17128
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1360
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽470
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4380
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽94020
₽116067
₽73139
₽111529
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
25 046
health insurance
-
-
-
11 359
work injury
-
-
-
767
pensions
-
-
-
28 244
unemployment
-
-
-
1 842
total
-
-
-
67 258
Employee

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

20 965
-
153 500
-
income
2 096
-
25 046
-
work injury
105
-
388
-
health insurance
1 551
-
5 740
-
pensions
3 858
-
14 272
-
unemployment
252
-
931
-
total
7 862
-
46 377
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
132 535
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%.

1 325
1 535
-
-
total
1 325
1 535
-
-
Dividends
131 210
151 965
-
-
withholding
19 681
22 795
-
-
total
19 681
22 795
-
-
Income
153 500
153 500
153 500
153 500
Total tax
28 868
24 330
46 377
67 258
After tax
124 632
129 170
107 123
86 242
Living cost
13 103
13 103
13 103
13 103
Free-cash
111 529
116 067
94 020
73 139

Estimated living cost  is ₽13103 per week

₽8118
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽952
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.
₽3625
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽27099
₽42103
₽33836
₽37677
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
39 481
national
-
-
-
36 909
regional
-
-
-
3 497
municipal
-
-
-
1 026
total
-
-
-
80 913
Employee
81 968
-
153 500
-
social contributions
27 639
-
51 760
-
municipal
489
-
916
-
national
13 852
-
31 874
-
regional
1 238
-
3 100
-
total
43 218
-
87 650
-
Employer
81 968
-
153 500
-
total
-
-
-
-
Corporate
71 532
153 500
-
-
nationa
17 167
36 839
-
-
municipal
3 448
7 398
-
-
total
20 615
44 237
-
-
Dividends
50 917
109 262
-
-
withholding
13 239
28 409
-
-
total
13 239
28 409
-
-
Income
153 500
153 500
153 500
153 500
Total tax
77 072
72 646
87 650
80 913
After tax
76 428
80 854
65 850
72 587
Living cost
38 751
38 751
38 751
38 751
Free-cash
37 677
42 103
27 099
33 836

Estimated living cost  is ₽38751 per week

₽27220
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2666
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽585
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8279
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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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