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
₽49001
₽69979
₽52679
₽59385
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
153 500
income

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

-
-
-
46 132
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.

-
-
-
2 537
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.

-
-
-
6 414
trade
-
-
-
17 300
total
-
-
-
72 383
Employee

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

35 910
-
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.

55
-
2 537
-
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.

1 003
-
46 132
-
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.

6 414
-
6 414
-
total
7 472
-
55 083
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
117 590
153 500
-
-
income
17 639
23 025
-
-
surtax

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

969
1 267
-
-
chamber of commerce
312
363
-
-
trade
18 521
24 176
-
-
total
37 441
48 831
-
-
Dividends
80 149
104 669
-
-
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.

1 083
1 420
-
-
withholding
19 681
25 810
-
-
total
20 764
27 230
-
-
Income
153 500
153 500
153 500
153 500
Total tax
65 677
76 061
55 083
72 383
After tax
87 823
77 439
98 417
81 117
Living cost
28 438
28 438
28 438
28 438
Free-cash
59 385
49 001
69 979
52 679

Estimated living cost  is ₽28438 per week

₽17888
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3316
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽531
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6703
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽45833
₽42172
₽40968
₽45003
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
153 500
social contributions
-
-
-
1 650
municipal
-
-
-
16 674
national
-
-
-
25 837
pensions
-
-
-
18 420
total
-
-
-
62 581
Employee
77 434
-
132 699
-
municipal
9 564
-
17 268
-
pensions
3 097
-
5 308
-
national
14 821
-
26 758
-
total
27 482
-
49 334
-
Employer
77 434
-
132 699
-
pensions
6 195
-
10 616
-
social contributions
832
-
1 427
-
total
7 027
-
12 043
-
Corporate
63 929
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%.

12 786
30 700
-
-
total
12 786
30 700
-
-
Dividends
51 143
122 800
-
-
withholding
11 251
27 016
-
-
total
11 251
27 016
-
-
Income
153 500
153 500
153 500
153 500
Total tax
58 546
57 716
61 377
62 581
After tax
94 954
95 784
92 123
90 919
Living cost
49 951
49 951
49 951
49 951
Free-cash
45 003
45 833
42 172
40 968

Estimated living cost  is ₽49951 per week

₽33951
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4643
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽748
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10609
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽103267
₽43312
₽32417
₽95566
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

As of 1 January, 2018 a microenterprise tax rate for microenterprise turnover of up to €40,000 is 15%. This tax is inclusive of all other taxes and contributions.

Microenterprise tax could also be applied to a company but as the only exception is a limitation of liability, we advise to register as a sole-trader.

-
-
-
153 500
income
-
-
-
26 435
surtax
-
-
-
39 142
social contributions

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

-
-
-
35 973
microenterprise
-
-
-
-
total
-
-
-
101 550
Employee
27 434
-
114 003
-
surtax
-
-
16 531
-
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.

3 018
-
12 308
-
income
4 884
-
22 321
-
total
7 902
-
51 160
-
Employer
27 434
-
114 003
-
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.

6 608
-
26 955
-
surtax
-
-
12 540
-
total
6 608
-
39 495
-
Corporate
119 457
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%.

23 891
30 700
-
-
total
23 891
30 700
-
-
Dividends

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

95 566
122 800
-
-
total
-
-
-
-
Income
153 500
153 500
153 500
153 500
Total tax
38 401
30 700
90 655
101 550
After tax
115 099
122 800
62 845
51 950
Living cost
19 533
19 533
19 533
19 533
Free-cash
95 566
103 267
43 312
32 417

Estimated living cost  is ₽19533 per week

₽12461
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1860
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽444
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4768
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽36491
₽55283
₽46241
₽30738
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
45 351
health
-
-
-
11 577
pensions
-
-
-
11 000
total
-
-
-
67 928
Employee
80 176
80 176
136 052
-
pensions
14 432
11 000
11 000
-
income

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

13 124
13 124
18 861
-
health
12 306
10 467
11 577
-
total
39 862
34 591
41 438
-
Employer
80 176
80 176
136 052
-
health
5 573
5 573
6 925
-
pensions
5 580
5 580
6 936
-
unemployment
2 886
2 886
3 587
-
total
14 039
14 039
17 448
-
Corporate
60 267
59 284
-
-
income
12 053
11 857
-
-
total
12 053
11 857
-
-
Dividends
48 214
47 427
-
-
income
10 245
10 077
-
-
withholding
7 232
7 114
-
-
total
17 477
17 191
-
-
Income
153 500
153 500
153 500
153 500
Total tax
83 431
77 678
58 886
67 928
After tax
70 069
75 822
94 614
85 572
Living cost
39 331
39 331
39 331
39 331
Free-cash
30 738
36 491
55 283
46 241

Estimated living cost  is ₽39331 per week

₽27873
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3546
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽625
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7287
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽46048
₽40957
₽41873
₽45198
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
153 500
accident
-
-
-
165
other
-
-
-
9 617
unemployment
-
-
-
83
health
-
-
-
5 164
municipal
-
-
-
38 624
national
-
-
-
11 264
pensions
-
-
-
8 947
total
-
-
-
73 864
Employee
53 808
-
127 496
-
municipal
16 046
-
38 019
-
national
-
-
10 757
-
total
16 046
-
48 776
-
Employer
53 808
-
127 496
-
health
3 309
-
5 090
-
pensions
5 817
-
8 947
-
accident
108
-
165
-
unemployment
1 421
-
2 185
-
other
6 253
-
9 617
-
total
16 908
-
26 004
-
Corporate
82 785
153 500
-
-
income
18 213
33 770
-
-
total
18 213
33 770
-
-
Dividends
64 572
119 730
-
-
withholding
19 372
35 919
-
-
total
19 372
35 919
-
-
Income
153 500
153 500
153 500
153 500
Total tax
70 539
69 689
74 780
73 864
After tax
82 961
83 811
78 720
79 636
Living cost
37 763
37 763
37 763
37 763
Free-cash
45 198
46 048
40 957
41 873

Estimated living cost  is ₽37763 per week

₽25028
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3706
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽573
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8456
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽39767
₽61534
₽43464
₽52959
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
153 500
income

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

-
-
-
46 132
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.

-
-
-
2 537
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.

-
-
-
6 414
trade
-
-
-
18 070
total
-
-
-
73 153
Employee

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

47 612
-
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.

224
-
2 537
-
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.

4 091
-
46 132
-
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.

6 414
-
6 414
-
total
10 729
-
55 083
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
105 888
153 500
-
-
income
15 884
23 025
-
-
surtax

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

873
1 267
-
-
chamber of commerce
294
362
-
-
trade
17 418
25 250
-
-
total
34 469
49 904
-
-
Dividends
71 419
103 596
-
-
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.

962
1 404
-
-
withholding
17 498
25 542
-
-
total
18 460
26 946
-
-
Income
153 500
153 500
153 500
153 500
Total tax
63 658
76 850
55 083
73 153
After tax
89 842
76 650
98 417
80 347
Living cost
36 883
36 883
36 883
36 883
Free-cash
52 959
39 767
61 534
43 464

Estimated living cost  is ₽36883 per week

₽24668
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3889
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽551
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7775
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

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
₽81565
₽73678
₽75059
₽77673
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
153 500
income
-
-
-
28 883
social contributions
-
-
-
15 191
health
-
-
-
3 914
total
-
-
-
47 988
Employee
72 195
72 195
142 776
-
social contributions
3 508
5 992
8 082
-
income
7 581
6 683
28 138
-
health
718
1 228
2 427
-
total
11 807
13 903
38 647
-
Employer
72 195
72 195
142 776
-
health
782
1 336
2 640
-
social contributions
3 508
5 992
8 082
-
total
4 290
7 328
10 722
-
Corporate
106 950
73 977
-
-
income
13 368
9 247
-
-
total
13 368
9 247
-
-
Dividends
93 582
64 730
-
-
withholding
15 909
11 004
-
-
total
15 909
11 004
-
-
Income
153 500
153 500
153 500
153 500
Total tax
45 374
41 482
49 369
47 988
After tax
108 126
112 018
104 131
105 512
Living cost
30 453
30 453
30 453
30 453
Free-cash
77 673
81 565
73 678
75 059

Estimated living cost  is ₽30453 per week

₽20817
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2379
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽511
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6746
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽69423
₽72161
₽89514
₽69775
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

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

As of 2018, the minimum salary of a managing director was set at 180,500 HUF per month.

The minimum wage is 138,000 HUF per month.

24 286
9 665
128 452
-
unemployment
364
145
1 927
-
pensions
2 429
967
12 845
-
income
2 969
1 182
15 703
-
health
1 700
677
8 992
-
total
7 462
2 971
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.

24 286
9 665
128 452
-
pensions
4 736
1 885
25 048
-
total
4 736
1 885
25 048
-
Corporate
124 479
141 950
-
-
income
11 203
12 775
-
-
total
11 203
12 775
-
-
Dividends
113 276
129 174
-
-
social contributions
21 978
25 079
-
-
withholding
21 522
24 543
-
-
total
43 500
49 622
-
-
Income
153 500
153 500
153 500
153 500
Total tax
66 901
67 253
64 515
47 162
After tax
86 599
86 247
88 985
106 338
Living cost
16 824
16 824
16 824
16 824
Free-cash
69 775
69 423
72 161
89 514

Estimated living cost  is ₽16824 per week

₽11481
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1377
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽336
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3630
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽100123
₽65797
₽59598
₽94290
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
153 500
income
-
-
-
20 570
health
-
-
-
19 955
pensions
-
-
-
30 700
total
-
-
-
71 225
Employee
26 635
-
114 723
-
unemployment
426
-
1 835
-
pensions
533
-
2 295
-
income
2 999
-
22 118
-
total
3 958
-
26 248
-
Employer
26 635
-
114 723
-
health
3 462
-
14 915
-
pensions
5 327
-
22 945
-
unemployment
214
-
918
-
total
9 003
-
38 778
-
Corporate
117 863
153 500
-
-
income
23 572
30 700
-
-
total
23 572
30 700
-
-
Dividends
94 291
122 800
-
-
total
-
-
-
-
Income
153 500
153 500
153 500
153 500
Total tax
36 533
30 700
65 026
71 225
After tax
116 967
122 800
88 474
82 275
Living cost
22 677
22 677
22 677
22 677
Free-cash
94 290
100 123
65 797
59 598

Estimated living cost  is ₽22677 per week

₽15554
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1351
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽456
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5317
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽8497
₽61952
₽84052
₽9223
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
153 500
accident
-
-
-
240
income
-
-
-
41 890
other
-
-
-
353
health
-
-
-
2 075
pensions
-
-
-
3 959
total
-
-
-
48 517
Employee
32 926
-
137 359
-
pensions
3 708
-
7 259
-
income
4 517
-
31 489
-
health
3 770
-
15 728
-
total
11 995
-
54 476
-
Employer
32 926
-
137 359
-
pensions
5 354
-
10 482
-
accident
550
-
2 294
-
unemployment
807
-
3 365
-
total
6 711
-
16 141
-
Corporate
113 864
153 500
-
-
income

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

102 477
138 150
-
-
total
102 477
138 150
-
-
Dividends
11 387
15 350
-
-
withholding
2 163
2 916
-
-
total
2 163
2 916
-
-
Income
153 500
153 500
153 500
153 500
Total tax
123 346
141 066
70 617
48 517
After tax
30 154
12 434
82 883
104 983
Living cost
20 931
20 931
20 931
20 931
Free-cash
9 223
-8 497
61 952
84 052

Estimated living cost  is ₽20931 per week

₽15341
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1160
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽437
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3994
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽138274
₽115249
₽144414
₽136859
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
9 438
-
153 500
-
income
1 887
-
30 700
-
total
1 887
-
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%.

144 062
153 500
-
-
total
-
-
-
-
Dividends
144 062
153 500
-
-
withholding
7 203
7 675
-
-
total
7 203
7 675
-
-
Income
153 500
153 500
153 500
153 500
Total tax
9 090
7 675
30 700
1 535
After tax
144 410
145 825
122 800
151 965
Living cost
7 551
7 551
7 551
7 551
Free-cash
136 859
138 274
115 249
144 414

Estimated living cost  is ₽7551 per week

₽4680
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽628
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽208
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2036
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽87760
₽62266
₽58583
₽81418
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
153 500
income
-
-
-
22 571
other
-
-
-
6 781
health
-
-
-
6 282
pensions

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

-
-
-
34 266
total
-
-
-
69 900
Employee
34 090
-
122 604
-
unemployment
340
-
1 226
-
pensions

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

2 386
-
8 582
-
income
5 869
-
23 796
-
health
477
-
1 716
-
total
9 072
-
35 320
-
Employer
34 090
-
122 604
-
health
477
-
1 716
-
pensions

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

5 796
-
20 842
-
accident
273
-
982
-
unemployment
340
-
1 226
-
other
1 705
-
6 131
-
total
8 591
-
30 897
-
Corporate
110 819
153 500
-
-
income
23 273
32 235
-
-
total
23 273
32 235
-
-
Dividends
87 546
121 265
-
-
withholding
6 129
8 488
-
-
total
6 129
8 488
-
-
Income
153 500
153 500
153 500
153 500
Total tax
47 065
40 723
66 217
69 900
After tax
106 435
112 777
87 283
83 600
Living cost
25 017
25 017
25 017
25 017
Free-cash
81 418
87 760
62 266
58 583

Estimated living cost  is ₽25017 per week

₽17676
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1689
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽403
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5249
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽38822
₽25763
₽39727
₽39074
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
42 551
pensions
-
-
-
8 226
total
-
-
-
50 777
Employee
89 130
-
134 205
-
pensions
8 599
-
10 209
-
income
16 067
-
33 243
-
health
1 469
-
1 994
-
total
26 135
-
45 446
-
Employer
89 130
-
134 205
-
health
1 693
-
2 550
-
pensions
10 524
-
16 745
-
total
12 217
-
19 295
-
Corporate
52 153
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.

9 910
29 165
-
-
total
9 910
29 165
-
-
Dividends
42 244
124 335
-
-
withholding
3 168
22 517
-
-
total
3 168
22 517
-
-
Income
153 500
153 500
153 500
153 500
Total tax
51 430
51 682
64 741
50 777
After tax
102 070
101 818
88 759
102 723
Living cost
62 996
62 996
62 996
62 996
Free-cash
39 074
38 822
25 763
39 727

Estimated living cost  is ₽62996 per week

₽47204
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽7402
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.
₽7879
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽118933
₽115299
₽109408
₽114573
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
153 500
income
-
-
-
23 025
unemployment
-
-
-
131
health
-
-
-
3 772
pensions

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

-
-
-
4 854
total
-
-
-
31 782
Employee
16 300
-
147 066
-
accident

We are using the highest rate at 1.1%.

179
-
361
-
pensions

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

1 431
-
2 880
-
income
1 630
-
14 706
-
health
750
-
1 509
-
total
3 990
-
19 456
-
Employer
16 300
-
147 066
-
health
1 125
-
2 263
-
pensions

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

1 796
-
3 614
-
accident

We are using the highest rate at 1.1%.

179
-
361
-
unemployment
97
-
197
-
total
3 197
-
6 435
-
Corporate
134 001
153 500
-
-
income
13 400
15 350
-
-
total
13 400
15 350
-
-
Dividends
120 601
138 150
-
-
withholding
6 030
6 907
-
-
total
6 030
6 907
-
-
Income
153 500
153 500
153 500
153 500
Total tax
26 617
22 257
25 891
31 782
After tax
126 883
131 243
127 609
121 718
Living cost
12 310
12 310
12 310
12 310
Free-cash
114 573
118 933
115 299
109 408

Estimated living cost  is ₽12310 per week

₽7187
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽879
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽326
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3918
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽23760
₽42552
₽33510
₽26119
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
45 351
health
-
-
-
11 577
pensions
-
-
-
11 000
total
-
-
-
67 928
Employee
87 046
80 176
136 052
-
pensions
11 000
11 000
11 000
-
income

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

13 124
13 124
18 861
-
health
10 859
10 467
11 577
-
total
34 983
34 591
41 438
-
Employer
87 046
80 176
136 052
-
health
6 049
5 573
6 925
-
pensions
6 058
5 580
6 936
-
unemployment
3 134
2 886
3 587
-
total
15 241
14 039
17 448
-
Corporate
51 213
59 284
-
-
income
10 243
11 857
-
-
total
10 243
11 857
-
-
Dividends
40 970
47 427
-
-
income
8 707
10 077
-
-
withholding
6 145
7 114
-
-
total
14 852
17 191
-
-
Income
153 500
153 500
153 500
153 500
Total tax
75 319
77 678
58 886
67 928
After tax
78 181
75 822
94 614
85 572
Living cost
52 062
52 062
52 062
52 062
Free-cash
26 119
23 760
42 552
33 510

Estimated living cost  is ₽52062 per week

₽38405
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4650
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽597
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8411
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽82695
₽55187
₽61752
₽74493
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
153 500
income
-
-
-
14 954
social contributions
-
-
-
33 082
solidarity contribution
-
-
-
-
health
-
-
-
20 722
total
-
-
-
68 758
Employee
33 809
-
114 840
-
solidarity contribution
-
-
-
-
social contributions
2 198
-
7 364
-
income
4 057
-
13 796
-
health
4 564
-
15 503
-
total
10 819
-
36 663
-
Employer
33 809
-
114 840
-
health
3 043
-
10 336
-
social contributions
8 452
-
28 324
-
total
11 495
-
38 660
-
Corporate
108 195
153 500
-
-
income
20 557
29 165
-
-
total
20 557
29 165
-
-
Dividends
87 638
124 335
-
-
withholding
13 146
18 650
-
-
total
13 146
18 650
-
-
Income
153 500
153 500
153 500
153 500
Total tax
56 017
47 815
75 323
68 758
After tax
97 483
105 685
78 177
84 742
Living cost
22 990
22 990
22 990
22 990
Free-cash
74 493
82 695
55 187
61 752

Estimated living cost  is ₽22990 per week

₽15969
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1636
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽452
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4933
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽42282
₽27506
₽34438
₽37379
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
regional
-
-
-
1 800
municipal
-
-
-
912
national
-
-
-
37 252
total
-
-
-
79 445
Employee
83 442
-
153 500
-
municipal
442
-
814
-
national
14 458
-
32 217
-
regional
787
-
1 586
-
social contributions
28 137
-
51 760
-
total
43 824
-
86 377
-
Employer
83 442
-
153 500
-
total
-
-
-
-
Corporate
70 058
153 500
-
-
municipal
2 733
5 987
-
-
nationa
16 814
36 840
-
-
total
19 547
42 827
-
-
Dividends
50 511
110 673
-
-
withholding
13 133
28 774
-
-
total
13 133
28 774
-
-
Income
153 500
153 500
153 500
153 500
Total tax
76 504
71 601
86 377
79 445
After tax
76 996
81 899
67 123
74 055
Living cost
39 617
39 617
39 617
39 617
Free-cash
37 379
42 282
27 506
34 438

Estimated living cost  is ₽39617 per week

₽27616
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2598
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽608
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8794
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽75834
₽46203
₽52077
₽72913
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
153 500
income
-
-
-
40 514
other
-
-
-
-
surtax
-
-
-
6 020
unemployment
-
-
-
214
health
-
-
-
8 896
pensions
-
-
-
25 061
total
-
-
-
80 705
Employee
31 048
-
127 124
-
other
-
-
-
-
unemployment
2 161
-
8 721
-
pensions
2 070
-
8 358
-
surtax
102
-
5 032
-
income
5 204
-
34 898
-
health
793
-
3 195
-
total
10 330
-
60 204
-
Employer
31 048
-
127 124
-
health
1 413
-
5 701
-
pensions
4 139
-
16 703
-
unemployment
983
-
3 971
-
other
-
-
-
-
total
6 535
-
26 375
-
Corporate
115 917
153 500
-
-
income
30 137
39 910
-
-
total
30 137
39 910
-
-
Dividends
85 779
113 590
-
-
withholding
12 867
17 038
-
-
total
12 867
17 038
-
-
Income
153 500
153 500
153 500
153 500
Total tax
59 869
56 948
86 579
80 705
After tax
93 631
96 552
66 921
72 795
Living cost
20 718
20 718
20 718
20 718
Free-cash
72 913
75 834
46 203
52 077

Estimated living cost  is ₽20718 per week

₽12668
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1912
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽477
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5660
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽58781
₽45722
₽59686
₽64561
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
42 551
pensions
-
-
-
8 226
total
-
-
-
50 777
Employee
59 733
-
134 205
-
pensions
5 070
-
10 209
-
income
10 758
-
33 243
-
health
867
-
1 994
-
total
16 695
-
45 446
-
Employer
59 733
-
134 205
-
health
1 135
-
2 550
-
pensions
6 466
-
16 745
-
total
7 601
-
19 295
-
Corporate
86 166
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.

16 372
29 165
-
-
total
16 372
29 165
-
-
Dividends
69 795
124 335
-
-
withholding
5 234
22 517
-
-
total
5 234
22 517
-
-
Income
153 500
153 500
153 500
153 500
Total tax
45 902
51 682
64 741
50 777
After tax
107 598
101 818
88 759
102 723
Living cost
43 037
43 037
43 037
43 037
Free-cash
64 561
58 781
45 722
59 686

Estimated living cost  is ₽43037 per week

₽32243
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3226
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.
₽7117
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽4087
₽43472
₽50935
₽27693
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
regional
-
-
-
7 110
health
-
-
-
345
city
-
-
-
1 618
national
-
-
-
2 021
pensions
-
-
-
14 121
total
-
-
-
28 285
Employee
86 926
-
137 391
-
unemployment
-
-
-
-
pensions
7 303
-
11 542
-
national
411
-
1 666
-
regional
2 846
-
6 156
-
city
933
-
1 477
-
health
197
-
309
-
total
11 690
-
21 150
-
Employer
86 926
-
137 391
-
health
197
-
309
-
pensions
7 303
-
11 542
-
unemployment
-
-
-
-
other

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

1 738
-
2 747
-
total
9 238
-
14 598
-
Corporate
56 380
153 500
-
-
regional
11 924
32 465
-
-
national
4 792
13 047
-
-
total
16 716
45 512
-
-
Dividends
39 664
107 988
-
-
withholding
13 883
37 795
-
-
total
13 883
37 795
-
-
Income
153 500
153 500
153 500
153 500
Total tax
51 527
83 307
35 748
28 285
After tax
101 973
70 193
117 752
125 215
Living cost
74 280
74 280
74 280
74 280
Free-cash
27 693
-4 087
43 472
50 935

Estimated living cost  is ₽74280 per week

₽48303
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽6666
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽912
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽18399
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽32850
₽55407
₽36567
₽48074
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
153 500
income

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

-
-
-
46 132
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.

-
-
-
2 537
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.

-
-
-
6 414
trade
-
-
-
18 840
total
-
-
-
73 923
Employee

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

56 425
-
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.

365
-
2 537
-
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.

6 635
-
46 132
-
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.

6 414
-
6 414
-
total
13 414
-
55 083
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
97 075
153 500
-
-
income
14 562
23 025
-
-
surtax

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

802
1 267
-
-
chamber of commerce
280
358
-
-
trade
16 648
26 325
-
-
total
32 292
50 975
-
-
Dividends
64 784
102 526
-
-
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.

871
1 390
-
-
withholding
15 839
25 275
-
-
total
16 710
26 665
-
-
Income
153 500
153 500
153 500
153 500
Total tax
62 416
77 640
55 083
73 923
After tax
91 084
75 860
98 417
79 577
Living cost
43 010
43 010
43 010
43 010
Free-cash
48 074
32 850
55 407
36 567

Estimated living cost  is ₽43010 per week

₽31413
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3440
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.
₽7599
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽45242
₽53553
₽54572
₽50790
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
153 500
income
-
-
-
23 049
other
-
-
-
4 759
surtax
-
-
-
-
social contributions
-
-
-
4 374
health
-
-
-
6 120
pensions
-
-
-
28 504
total
-
-
-
66 806
Employee
40 183
-
119 607
-
pensions
4 543
-
7 982
-
surtax
-
-
-
-
social contributions
1 146
-
3 408
-
income
2 371
-
22 543
-
total
8 060
-
33 933
-
Employer
40 183
-
119 607
-
health
2 813
-
10 670
-
pensions
6 601
-
13 497
-
unemployment
1 627
-
4 844
-
social contributions
121
-
358
-
other
1 386
-
4 523
-
total
12 548
-
33 892
-
Corporate
100 769
153 500
-
-
income
28 215
42 980
-
-
surtax
-
-
-
-
total
28 215
42 980
-
-
Dividends
72 554
110 520
-
-
surtax
-
-
-
-
social contributions
12 479
19 009
-
-
withholding
9 286
14 147
-
-
total
21 765
33 156
-
-
Income
153 500
153 500
153 500
153 500
Total tax
70 588
76 136
67 825
66 806
After tax
82 912
77 364
85 675
86 694
Living cost
32 122
32 122
32 122
32 122
Free-cash
50 790
45 242
53 553
54 572

Estimated living cost  is ₽32122 per week

₽20254
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2612
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽547
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8711
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽48424
₽56735
₽57754
₽53640
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
153 500
income
-
-
-
23 049
other
-
-
-
4 759
surtax
-
-
-
-
social contributions
-
-
-
4 374
health
-
-
-
6 120
pensions
-
-
-
28 504
total
-
-
-
66 806
Employee
35 869
-
119 607
-
pensions
4 057
-
7 982
-
surtax
-
-
-
-
social contributions
1 023
-
3 408
-
income
1 849
-
22 543
-
total
6 929
-
33 933
-
Employer
35 869
-
119 607
-
health
2 510
-
10 670
-
pensions
5 894
-
13 497
-
unemployment
1 452
-
4 844
-
social contributions
107
-
358
-
other
1 238
-
4 523
-
total
11 201
-
33 892
-
Corporate
106 430
153 500
-
-
income
29 801
42 980
-
-
surtax
-
-
-
-
total
29 801
42 980
-
-
Dividends
76 629
110 520
-
-
surtax
-
-
-
-
social contributions
13 181
19 009
-
-
withholding
9 808
14 147
-
-
total
22 989
33 156
-
-
Income
153 500
153 500
153 500
153 500
Total tax
70 920
76 136
67 825
66 806
After tax
82 580
77 364
85 675
86 694
Living cost
28 940
28 940
28 940
28 940
Free-cash
53 640
48 424
56 735
57 754

Estimated living cost  is ₽28940 per week

₽16784
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2940
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽549
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8668
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽73738
₽75851
₽78668
₽74227
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
153 500
income
-
-
-
23 025
social contributions
-
-
-
21 183
health
-
-
-
10 715
total
-
-
-
54 923
Employee
31 834
-
153 500
-
social contributions
4 394
-
21 183
-
income
5 309
-
25 842
-
health
2 222
-
10 715
-
total
11 925
-
57 740
-
Employer
31 834
-
153 500
-
total
-
-
-
-
Corporate
121 666
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%.

6 083
7 676
-
-
total
6 083
7 676
-
-
Dividends
115 584
145 824
-
-
social contributions
15 950
20 124
-
-
withholding
17 338
21 874
-
-
health
8 068
10 179
-
-
total
41 356
52 177
-
-
Income
153 500
153 500
153 500
153 500
Total tax
59 364
59 853
57 740
54 923
After tax
94 136
93 647
95 760
98 577
Living cost
19 909
19 909
19 909
19 909
Free-cash
74 227
73 738
75 851
78 668

Estimated living cost  is ₽19909 per week

₽13324
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1228
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽458
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4898
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽51964
₽7419
₽45669
₽50508
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
39 509
surtax
-
-
-
185
unemployment
-
-
-
5 758
chamber of commerce
-
-
-
615
health
-
-
-
8 390
pensions
-
-
-
20 292
total
-
-
-
74 749
Employee
46 921
37 416
120 929
-
other
469
374
1 098
-
unemployment
1 408
1 122
3 291
-
pensions
4 805
3 831
11 232
-
income
5 342
2 760
31 222
-
health
1 816
1 449
4 244
-
total
13 840
9 536
51 087
-
Employer
46 921
37 416
120 929
-
chamber of commerce
187
150
483
-
health
1 773
1 415
4 146
-
pensions
5 889
4 697
13 765
-
accident
609
486
1 425
-
unemployment
1 408
1 122
3 291
-
surtax
185
185
185
-
payroll
1 408
1 122
3 628
-
other
2 229
1 776
5 648
-
total
13 688
10 953
32 571
-
Corporate
92 892
105 130
117 365
-
income

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

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

23 223
26 282
29 341
-
total
23 223
26 282
29 341
-
Dividends
69 669
78 849
-
-
withholding
19 159
21 683
-
-
total
19 159
21 683
-
-
Income
153 500
153 500
153 500
153 500
Total tax
69 910
68 454
112 999
74 749
After tax
83 590
85 046
40 501
78 751
Living cost
33 082
33 082
33 082
33 082
Free-cash
50 508
51 964
7 419
45 669

Estimated living cost  is ₽33082 per week

₽22065
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2822
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽543
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7652
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽51639
₽20475
₽32238
₽37558
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
153 500
communal

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

-
-
-
7 806
social contributions
-
-
-
23 408
national
-
-
-
55 815
total
-
-
-
87 029
Employee

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

67 159
-
118 890
-
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.

584
-
1 035
-
communal

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

3 503
-
6 200
-
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.

5 037
-
8 917
-
national
20 647
-
42 444
-
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.

3 155
-
5 587
-
total
32 926
-
64 183
-
Employer

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

67 159
-
118 890
-
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.

4 130
-
7 312
-
pensions

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

5 951
-
10 533
-
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.

873
-
1 545
-
unemployment

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

980
-
1 735
-
surtax
7 615
-
13 484
-
total
19 549
-
34 609
-
Corporate
66 793
153 500
-
-
income
13 359
30 700
-
-
surtax
267
615
-
-
total
13 626
31 315
-
-
Dividends
53 166
122 185
-
-
withholding

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

15 608
36 313
-
-
total
15 608
36 313
-
-
Income
153 500
153 500
153 500
153 500
Total tax
81 709
67 628
98 792
87 029
After tax
71 791
85 872
54 708
66 471
Living cost
34 233
34 233
34 233
34 233
Free-cash
37 558
51 639
20 475
32 238

Estimated living cost  is ₽34233 per week

₽22050
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2993
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽536
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8654
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽68554
₽48430
₽52371
₽61902
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
153 500
accident
-
-
-
784
income
-
-
-
41 115
other
-
-
-
87
unemployment
-
-
-
609
pensions
-
-
-
24 627
total
-
-
-
67 222
Employee
46 735
-
125 757
-
other
46
-
87
-
unemployment
725
-
1 349
-
pensions
2 197
-
4 091
-
income
9 861
-
37 892
-
total
12 829
-
43 419
-
Employer
46 735
-
125 757
-
pensions
11 029
-
20 538
-
accident
925
-
1 723
-
unemployment
2 571
-
4 786
-
other
372
-
697
-
total
14 897
-
27 744
-
Corporate
91 868
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.

13 780
23 025
-
-
total
13 780
23 025
-
-
Dividends
78 088
130 475
-
-
withholding
16 185
28 014
-
-
total
16 185
28 014
-
-
Income
153 500
153 500
153 500
153 500
Total tax
57 691
51 039
71 163
67 222
After tax
95 809
102 461
82 337
86 278
Living cost
33 907
33 907
33 907
33 907
Free-cash
61 902
68 554
48 430
52 371

Estimated living cost  is ₽33907 per week

₽24969
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2405
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽488
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6044
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽39492
₽32317
₽26200
₽28052
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
153 500
communal
-
-
-
9 701
accident
-
-
-
1 294
income
-
-
-
23 879
surtax
-
-
-
7 610
health
-
-
-
10 786
pensions
-
-
-
23 007
total
-
-
-
76 277
Employee
71 101
-
137 114
-
pensions
5 687
-
10 970
-
surtax
4 358
-
8 402
-
income
6 868
-
28 300
-
health
3 164
-
6 101
-
total
20 077
-
53 773
-
Employer
71 101
-
137 114
-
health
2 168
-
4 182
-
pensions
5 687
-
10 970
-
accident
640
-
1 235
-
total
8 495
-
16 387
-
Corporate
73 904
153 500
-
-
communal
4 989
10 361
-
-
income
11 086
23 025
-
-
surtax
777
1 612
-
-
total
16 852
34 998
-
-
Dividends
57 053
118 502
-
-
income
20 443
10 211
-
-
withholding
8 558
17 776
-
-
total
29 001
27 987
-
-
Income
153 500
153 500
153 500
153 500
Total tax
74 425
62 985
70 160
76 277
After tax
79 075
90 515
83 340
77 223
Living cost
51 023
51 023
51 023
51 023
Free-cash
28 052
39 492
32 317
26 200

Estimated living cost  is ₽51023 per week

₽38274
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3091
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽540
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9115
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽75464
₽45833
₽51707
₽72477
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
153 500
income
-
-
-
40 514
other
-
-
-
-
surtax
-
-
-
6 020
unemployment
-
-
-
214
health
-
-
-
8 896
pensions
-
-
-
25 061
total
-
-
-
80 705
Employee
31 618
-
127 124
-
other
-
-
-
-
unemployment
2 200
-
8 721
-
pensions
2 110
-
8 358
-
surtax
112
-
5 032
-
income
5 301
-
34 898
-
health
807
-
3 195
-
total
10 530
-
60 204
-
Employer
31 618
-
127 124
-
health
1 438
-
5 701
-
pensions
4 216
-
16 703
-
unemployment
1 003
-
3 971
-
other
-
-
-
-
total
6 657
-
26 375
-
Corporate
115 225
153 500
-
-
income
29 959
39 910
-
-
total
29 959
39 910
-
-
Dividends
85 266
113 590
-
-
withholding
12 789
17 038
-
-
total
12 789
17 038
-
-
Income
153 500
153 500
153 500
153 500
Total tax
59 935
56 948
86 579
80 705
After tax
93 565
96 552
66 921
72 795
Living cost
21 088
21 088
21 088
21 088
Free-cash
72 477
75 464
45 833
51 707

Estimated living cost  is ₽21088 per week

₽12732
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1833
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽490
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6035
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽55391
₽41352
₽48249
₽53310
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
regional
-
-
-
2 315
municipal
-
-
-
912
national
-
-
-
37 252
total
-
-
-
79 960
Employee
52 081
-
153 500
-
municipal
276
-
814
-
national
8 251
-
32 217
-
regional
701
-
2 066
-
social contributions
17 562
-
51 760
-
total
26 790
-
86 857
-
Employer
52 081
-
153 500
-
total
-
-
-
-
Corporate
101 419
153 500
-
-
municipal
5 040
7 629
-
-
nationa
24 340
36 840
-
-
total
29 380
44 469
-
-
Dividends
72 039
109 031
-
-
withholding
18 729
28 349
-
-
total
18 729
28 349
-
-
Income
153 500
153 500
153 500
153 500
Total tax
74 899
72 818
86 857
79 960
After tax
78 601
80 682
66 643
73 540
Living cost
25 291
25 291
25 291
25 291
Free-cash
53 310
55 391
41 352
48 249

Estimated living cost  is ₽25291 per week

₽15729
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2562
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽433
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6567
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽77355
₽49847
₽56412
₽67248
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
153 500
income
-
-
-
14 954
social contributions
-
-
-
33 082
solidarity contribution
-
-
-
-
health
-
-
-
20 722
total
-
-
-
68 758
Employee
41 662
-
114 840
-
solidarity contribution
-
-
-
-
social contributions
2 708
-
7 364
-
income
4 999
-
13 796
-
health
5 624
-
15 503
-
total
13 331
-
36 663
-
Employer
41 662
-
114 840
-
health
3 750
-
10 336
-
social contributions
10 416
-
28 324
-
total
14 166
-
38 660
-
Corporate
97 673
153 500
-
-
income
18 558
29 165
-
-
total
18 558
29 165
-
-
Dividends
79 115
124 335
-
-
withholding
11 867
18 650
-
-
total
11 867
18 650
-
-
Income
153 500
153 500
153 500
153 500
Total tax
57 922
47 815
75 323
68 758
After tax
95 578
105 685
78 177
84 742
Living cost
28 330
28 330
28 330
28 330
Free-cash
67 248
77 355
49 847
56 412

Estimated living cost  is ₽28330 per week

₽21068
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1569
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽490
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5203
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽55193
₽10603
₽48982
₽54728
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
39 509
surtax
-
-
-
-
unemployment
-
-
-
5 758
chamber of commerce
-
-
-
615
health
-
-
-
8 390
pensions
-
-
-
20 292
total
-
-
-
74 564
Employee
41 041
37 416
121 100
-
other
410
374
1 098
-
unemployment
1 231
1 122
3 291
-
pensions
4 203
3 831
11 232
-
income
3 656
2 760
31 294
-
health
1 587
1 449
4 244
-
total
11 087
9 536
51 159
-
Employer
41 041
37 416
121 100
-
chamber of commerce
164
150
485
-
health
1 552
1 415
4 146
-
pensions
5 151
4 697
13 765
-
accident
533
486
1 425
-
unemployment
1 231
1 122
3 291
-
surtax
-
-
-
-
payroll
1 231
1 122
3 633
-
other
1 949
1 776
5 655
-
total
11 811
10 768
32 400
-
Corporate
100 648
105 316
117 536
-
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.

25 161
26 328
29 384
-
total
25 161
26 328
29 384
-
Dividends
75 487
78 988
-
-
withholding
20 759
21 721
-
-
total
20 759
21 721
-
-
Income
153 500
153 500
153 500
153 500
Total tax
68 818
68 353
112 943
74 564
After tax
84 682
85 147
40 557
78 936
Living cost
29 954
29 954
29 954
29 954
Free-cash
54 728
55 193
10 603
48 982

Estimated living cost  is ₽29954 per week

₽17968
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3059
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽535
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8392
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽134058
₽111033
₽140198
₽131852
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
14 709
-
153 500
-
income
2 942
-
30 700
-
total
2 942
-
30 700
-
Employer
-
-
-
-
total
-
-
-
-
Corporate

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

138 791
153 500
-
-
total
-
-
-
-
Dividends
138 791
153 500
-
-
withholding
6 939
7 675
-
-
total
6 939
7 675
-
-
Income
153 500
153 500
153 500
153 500
Total tax
9 881
7 675
30 700
1 535
After tax
143 619
145 825
122 800
151 965
Living cost
11 767
11 767
11 767
11 767
Free-cash
131 852
134 058
111 033
140 198

Estimated living cost  is ₽11767 per week

₽7963
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽494
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.
₽2915
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽80501
₽46323
₽50392
₽72649
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

A sole-trader pays social contribution from 75% of the assessed income made in the last year.

The minimum monthly assessed income used to calculate contributions is 60% of the insured's average monthly wage in the last year.

The maximum assessed income used to calculate contributions is 3.5 times the insured's average monthly wage in the last year.

-
-
-
153 500
income
-
-
-
34 559
unemployment
-
-
-
230
health
-
-
-
15 103
pensions
-
-
-
28 033
total
-
-
-
77 925
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.

41 517
-
132 820
-
unemployment
59
-
185
-
pensions
6 435
-
20 588
-
income
7 160
-
31 960
-
health
2 681
-
8 581
-
total
16 335
-
61 314
-
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.

41 517
-
132 820
-
health
2 765
-
8 846
-
pensions
3 674
-
11 754
-
unemployment
25
-
80
-
total
6 464
-
20 680
-
Corporate
105 519
153 500
-
-
income
20 048
29 165
-
-
total
20 048
29 165
-
-
Dividends
85 471
124 335
-
-
withholding
12 821
18 651
-
-
total
12 821
18 651
-
-
Income
153 500
153 500
153 500
153 500
Total tax
55 668
47 816
81 994
77 925
After tax
97 832
105 684
71 506
75 575
Living cost
25 183
25 183
25 183
25 183
Free-cash
72 649
80 501
46 323
50 392

Estimated living cost  is ₽25183 per week

₽17282
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1614
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽488
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5799
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽53288
₽101173
₽65980
₽9082
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
153 500
income
-
-
-
29 920
social contributions
-
-
-
17 499
total
-
-
-
47 419
Employee
57 499
-
-
-
social contributions
4 715
-
672
-
income
12 683
-
-
-
total
17 398
-
672
-
Employer
57 499
-
-
-
social contributions
81 074
-
11 554
-
total
81 074
-
11 554
-
Corporate
14 926
153 500
-
-
income
3 284
33 770
-
-
total
3 284
33 770
-
-
Dividends
11 643
119 730
-
-
income
2 561
26 341
-
-
total
2 561
26 341
-
-
Income
153 500
153 500
153 500
153 500
Total tax
104 317
60 111
12 226
47 419
After tax
49 183
93 389
141 274
106 081
Living cost
40 101
40 101
40 101
40 101
Free-cash
9 082
53 288
101 173
65 980

Estimated living cost  is ₽40101 per week

₽26019
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3772
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽511
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9799
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽57861
₽41882
₽53208
₽56916
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

Based on articles 30.º, 31.º and 151.º of CIRS, sole-trader can use 75% of income as a tax base when earnings are below €200,000 per annum.

-
-
-
153 500
income
-
-
-
17 501
surtax
-
-
-
-
social contributions

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

-
-
-
53 341
total
-
-
-
70 842
Employee
43 181
-
124 040
-
surtax
-
-
-
-
social contributions
4 750
-
13 644
-
income
8 982
-
39 065
-
total
13 732
-
52 709
-
Employer
43 181
-
124 040
-
social contributions
10 255
-
29 459
-
total
10 255
-
29 459
-
Corporate
100 063
153 500
-
-
income
21 013
32 235
-
-
surtax
-
-
-
-
total
21 013
32 235
-
-
Dividends
79 050
121 265
-
-
withholding
22 134
33 954
-
-
total
22 134
33 954
-
-
Income
153 500
153 500
153 500
153 500
Total tax
67 134
66 189
82 168
70 842
After tax
86 366
87 311
71 332
82 658
Living cost
29 450
29 450
29 450
29 450
Free-cash
56 916
57 861
41 882
53 208

Estimated living cost  is ₽29450 per week

₽22034
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1737
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽492
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5187
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽32017
₽40328
₽41347
₽38472
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
153 500
income
-
-
-
23 049
other
-
-
-
4 759
surtax
-
-
-
-
social contributions
-
-
-
4 374
health
-
-
-
6 120
pensions
-
-
-
28 504
total
-
-
-
66 806
Employee
58 804
-
119 607
-
pensions
6 651
-
7 982
-
surtax
-
-
-
-
social contributions
1 675
-
3 408
-
income
5 131
-
22 543
-
total
13 457
-
33 933
-
Employer
58 804
-
119 607
-
health
4 116
-
10 670
-
pensions
9 662
-
13 497
-
unemployment
2 382
-
4 844
-
social contributions
176
-
358
-
other
2 029
-
4 523
-
total
18 365
-
33 892
-
Corporate
76 330
153 500
-
-
income
21 373
42 980
-
-
surtax
-
-
-
-
total
21 373
42 980
-
-
Dividends
54 957
110 520
-
-
surtax
-
-
-
-
social contributions
9 452
19 009
-
-
withholding
7 034
14 147
-
-
total
16 486
33 156
-
-
Income
153 500
153 500
153 500
153 500
Total tax
69 681
76 136
67 825
66 806
After tax
83 819
77 364
85 675
86 694
Living cost
45 347
45 347
45 347
45 347
Free-cash
38 472
32 017
40 328
41 347

Estimated living cost  is ₽45347 per week

₽30690
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3709
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽622
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10325
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽109929
₽89317
₽85237
₽106773
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
6 272
social contributions
-
-
-
33 769
total
-
-
-
40 041
Employee
30 184
-
132 902
-
income
-
-
6 724
-
social contributions
1 962
-
8 639
-
total
1 962
-
15 363
-
Employer
30 184
-
132 902
-
social contributions
4 679
-
20 598
-
total
4 679
-
20 598
-
Corporate
118 637
153 500
-
-
income
11 864
15 349
-
-
total
11 864
15 349
-
-
Dividends
106 773
138 151
-
-
total
-
-
-
-
Income
153 500
153 500
153 500
153 500
Total tax
18 505
15 349
35 961
40 041
After tax
134 995
138 151
117 539
113 459
Living cost
28 222
28 222
28 222
28 222
Free-cash
106 773
109 929
89 317
85 237

Estimated living cost  is ₽28222 per week

₽18248
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2127
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽531
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7316
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽51058
-₽51058
₽46001
-₽51058
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
12 215
municipal
-
-
-
31 622
national
-
-
-
17 632
pensions
-
-
-
814
total
-
-
-
62 283
Employee
190 844
190 844
190 844
-
municipal
40 639
40 639
40 639
-
labour market
15 246
15 246
15 246
-
pensions
271
271
271
-
national
23 315
23 315
23 315
-
total
79 471
79 471
79 471
-
Employer
190 844
190 844
190 844
-
national
23 356
23 356
23 356
-
labour market
15 268
15 268
15 268
-
pensions
543
543
543
-
municipal
40 704
40 704
40 704
-
total
79 871
79 871
79 871
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
153 500
153 500
153 500
153 500
Total tax
159 342
159 342
159 342
62 283
After tax
-5 842
-5 842
-5 842
91 217
Living cost
45 216
45 216
45 216
45 216
Free-cash
-51 058
-51 058
-51 058
46 001

Estimated living cost  is ₽45216 per week

₽30946
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4000
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽695
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9574
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽8188
₽62261
₽84361
₽9271
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
153 500
accident
-
-
-
240
income
-
-
-
41 890
other
-
-
-
353
health
-
-
-
2 075
pensions
-
-
-
3 959
total
-
-
-
48 517
Employee
32 441
-
137 359
-
pensions
3 653
-
7 259
-
income
4 450
-
31 489
-
health
3 715
-
15 728
-
total
11 818
-
54 476
-
Employer
32 441
-
137 359
-
pensions
5 275
-
10 482
-
accident
542
-
2 294
-
unemployment
795
-
3 365
-
total
6 612
-
16 141
-
Corporate
114 448
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.

103 003
138 150
-
-
total
103 003
138 150
-
-
Dividends
11 445
15 350
-
-
withholding
2 174
2 916
-
-
total
2 174
2 916
-
-
Income
153 500
153 500
153 500
153 500
Total tax
123 607
141 066
70 617
48 517
After tax
29 893
12 434
82 883
104 983
Living cost
20 622
20 622
20 622
20 622
Free-cash
9 271
-8 188
62 261
84 361

Estimated living cost  is ₽20622 per week

₽15011
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1176
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽387
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4049
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽60877
₽45236
₽64687
₽62952
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
1 972
municipal
-
-
-
27 274
national
-
-
-
23 521
total
-
-
-
52 767
Employee
49 396
-
129 133
-
municipal
8 091
-
21 038
-
unemployment
741
-
1 937
-
pensions
3 334
-
8 716
-
national
816
-
14 565
-
health
369
-
1 596
-
total
13 351
-
47 852
-
Employer
49 396
-
129 133
-
health
380
-
994
-
pensions
8 570
-
22 405
-
accident
50
-
128
-
unemployment
321
-
839
-
total
9 321
-
24 366
-
Corporate
94 784
153 500
-
-
income
18 957
30 700
-
-
total
18 957
30 700
-
-
Dividends

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

56 870
92 100
-
-
municipal
10 236
16 579
-
-
national
2 637
9 298
-
-
total
12 873
25 877
-
-
Income
153 500
153 500
153 500
153 500
Total tax
54 502
56 577
72 218
52 767
After tax
98 998
96 923
81 282
100 733
Living cost
36 046
36 046
36 046
36 046
Free-cash
62 952
60 877
45 236
64 687

Estimated living cost  is ₽36046 per week

₽23545
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3467
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽574
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8461
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽90280
₽82393
₽83774
₽85169
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
153 500
income
-
-
-
28 883
social contributions
-
-
-
15 191
health
-
-
-
3 914
total
-
-
-
47 988
Employee
72 195
72 195
142 776
-
social contributions
2 730
5 992
8 082
-
income
7 861
6 683
28 138
-
health
559
1 228
2 427
-
total
11 150
13 903
38 647
-
Employer
72 195
72 195
142 776
-
health
608
1 336
2 640
-
social contributions
2 730
5 992
8 082
-
total
3 338
7 328
10 722
-
Corporate
117 275
73 977
-
-
income
14 660
9 247
-
-
total
14 660
9 247
-
-
Dividends
102 616
64 730
-
-
withholding
17 445
11 004
-
-
total
17 445
11 004
-
-
Income
153 500
153 500
153 500
153 500
Total tax
46 593
41 482
49 369
47 988
After tax
106 907
112 018
104 131
105 512
Living cost
21 738
21 738
21 738
21 738
Free-cash
85 169
90 280
82 393
83 774

Estimated living cost  is ₽21738 per week

₽13028
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2133
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽481
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6097
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽112206
₽94845
₽113677
₽107432
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

By law (Article 9 §1 (7); Article 10 §1 (7); Article 11 §1 (5)) a social contribution base is set as:

  • up to €9,000.00, 60% of the average monthly wage in Montenegro
  • up to €15,000.00, 100% of the average monthly wage in Montenegro
  • in excess of €15,000, 150% of the average monthly wage in Montenegro
-
-
-
153 500
income
-
-
-
15 519
unemployment
-
-
-
27
health
-
-
-
3 398
pensions
-
-
-
5 972
total
-
-
-
24 916
Employee

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

21 550
-
144 324
-
unemployment
107
-
445
-
pensions
3 232
-
13 363
-
income
1 473
-
13 192
-
health
1 832
-
7 572
-
total
6 644
-
34 572
-
Employer

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

21 550
-
144 324
-
health
926
-
3 831
-
pensions
1 185
-
4 900
-
unemployment
107
-
445
-
total
2 218
-
9 176
-
Corporate
129 731
153 500
-
-
income
11 675
13 815
-
-
total
11 675
13 815
-
-
Dividends
118 056
139 685
-
-
withholding
10 624
12 572
-
-
total
10 624
12 572
-
-
Income
153 500
153 500
153 500
153 500
Total tax
31 161
26 387
43 748
24 916
After tax
122 339
127 113
109 752
128 584
Living cost
14 907
14 907
14 907
14 907
Free-cash
107 432
112 206
94 845
113 677

Estimated living cost  is ₽14907 per week

₽9511
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1074
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽444
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3877
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽76643
₽56519
₽60460
₽72497
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
153 500
accident
-
-
-
784
income
-
-
-
41 115
other
-
-
-
87
unemployment
-
-
-
609
pensions
-
-
-
24 627
total
-
-
-
67 222
Employee
34 716
-
125 757
-
other
34
-
87
-
unemployment
538
-
1 349
-
pensions
1 632
-
4 091
-
income
6 693
-
37 892
-
total
8 897
-
43 419
-
Employer
34 716
-
125 757
-
pensions
8 192
-
20 538
-
accident
688
-
1 723
-
unemployment
1 910
-
4 786
-
other
278
-
697
-
total
11 068
-
27 744
-
Corporate
107 716
153 500
-
-
income

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

16 158
23 025
-
-
total
16 158
23 025
-
-
Dividends
91 558
130 475
-
-
withholding
19 062
28 014
-
-
total
19 062
28 014
-
-
Income
153 500
153 500
153 500
153 500
Total tax
55 185
51 039
71 163
67 222
After tax
98 315
102 461
82 337
86 278
Living cost
25 818
25 818
25 818
25 818
Free-cash
72 497
76 643
56 519
60 460

Estimated living cost  is ₽25818 per week

₽17427
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2482
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽453
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5457
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽93887
₽96630
₽96764
₽93575
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
153 500
income
-
-
-
52 452
health
-
-
-
1 003
pensions
-
-
-
1 384
total
-
-
-
54 839
Employee
2 889
-
151 943
-
unemployment
29
-
69
-
pensions
260
-
623
-
income
559
-
52 379
-
health
144
-
346
-
total
992
-
53 417
-
Employer
2 889
-
151 943
-
health
275
-
657
-
pensions
318
-
761
-
unemployment
58
-
138
-
total
651
-
1 556
-
Corporate
149 960
153 500
-
-
income
32 991
33 770
-
-
total
32 991
33 770
-
-
Dividends
116 969
119 730
-
-
withholding
23 394
23 946
-
-
total
23 394
23 946
-
-
Income
153 500
153 500
153 500
153 500
Total tax
58 028
57 716
54 973
54 839
After tax
95 472
95 784
98 527
98 661
Living cost
1 897
1 897
1 897
1 897
Free-cash
93 575
93 887
96 630
96 764

Estimated living cost  is ₽1897 per week

₽1127
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽154
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽43
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽572
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽94659
₽76562
₽76563
₽90034
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

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

-
-
-
153 500
income
-
-
-
34 451
unemployment
-
-
-
1 041
health
-
-
-
7 150
pensions
-
-
-
18 050
total
-
-
-
60 692
Employee

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

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

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

24 497
-
141 074
-
unemployment
184
-
521
-
pensions
3 430
-
9 719
-
income
3 377
-
34 451
-
health
1 262
-
3 575
-
total
8 253
-
48 266
-
Employer

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

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

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

24 497
-
141 074
-
health
1 262
-
3 575
-
pensions
2 940
-
8 331
-
unemployment
184
-
521
-
total
4 386
-
12 427
-
Corporate
124 618
153 500
-
-
income
18 693
23 025
-
-
total
18 693
23 025
-
-
Dividends
105 926
130 475
-
-
withholding
15 889
19 571
-
-
total
15 889
19 571
-
-
Income
153 500
153 500
153 500
153 500
Total tax
47 221
42 596
60 693
60 692
After tax
106 279
110 904
92 807
92 808
Living cost
16 245
16 245
16 245
16 245
Free-cash
90 034
94 659
76 562
76 563

Estimated living cost  is ₽16245 per week

₽10938
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1257
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.
₽3581
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽62000
₽46021
₽57347
₽61661
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

Based on articles 30.º, 31.º and 151.º of CIRS, sole-trader can use 75% of income as a tax base when earnings are below €200,000 per annum.

-
-
-
153 500
income
-
-
-
17 501
surtax
-
-
-
-
social contributions

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

-
-
-
53 341
total
-
-
-
70 842
Employee
36 440
-
124 040
-
surtax
-
-
-
-
social contributions
4 009
-
13 644
-
income
7 120
-
39 065
-
total
11 129
-
52 709
-
Employer
36 440
-
124 040
-
social contributions
8 654
-
29 459
-
total
8 654
-
29 459
-
Corporate
108 406
153 500
-
-
income
22 765
32 235
-
-
surtax
-
-
-
-
total
22 765
32 235
-
-
Dividends
85 642
121 265
-
-
withholding
23 980
33 954
-
-
total
23 980
33 954
-
-
Income
153 500
153 500
153 500
153 500
Total tax
66 528
66 189
82 168
70 842
After tax
86 972
87 311
71 332
82 658
Living cost
25 312
25 312
25 312
25 312
Free-cash
61 661
62 000
46 021
57 347

Estimated living cost  is ₽25312 per week

₽17927
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1759
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.
₽5178
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽69465
₽49341
₽53282
₽63132
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
153 500
accident
-
-
-
784
income
-
-
-
41 115
other
-
-
-
87
unemployment
-
-
-
609
pensions
-
-
-
24 627
total
-
-
-
67 222
Employee
45 344
-
125 757
-
other
45
-
87
-
unemployment
702
-
1 349
-
pensions
2 131
-
4 091
-
income
9 471
-
37 892
-
total
12 349
-
43 419
-
Employer
45 344
-
125 757
-
pensions
10 701
-
20 538
-
accident
898
-
1 723
-
unemployment
2 494
-
4 786
-
other
363
-
697
-
total
14 456
-
27 744
-
Corporate
93 700
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.

14 056
23 025
-
-
total
14 056
23 025
-
-
Dividends
79 644
130 475
-
-
withholding
16 511
28 014
-
-
total
16 511
28 014
-
-
Income
153 500
153 500
153 500
153 500
Total tax
57 372
51 039
71 163
67 222
After tax
96 128
102 461
82 337
86 278
Living cost
32 996
32 996
32 996
32 996
Free-cash
63 132
69 465
49 341
53 282

Estimated living cost  is ₽32996 per week

₽23697
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2566
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.
₽6270
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽115092
₽111458
₽105567
₽109369
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
153 500
income
-
-
-
23 025
unemployment
-
-
-
131
health
-
-
-
3 772
pensions

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

-
-
-
4 854
total
-
-
-
31 782
Employee
21 387
-
147 066
-
accident

We are using the highest rate at 1.1%.

235
-
361
-
pensions

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

1 878
-
2 880
-
income
2 139
-
14 706
-
health
984
-
1 509
-
total
5 236
-
19 456
-
Employer
21 387
-
147 066
-
health
1 476
-
2 263
-
pensions

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

2 357
-
3 614
-
accident

We are using the highest rate at 1.1%.

235
-
361
-
unemployment
128
-
197
-
total
4 196
-
6 435
-
Corporate
127 917
153 500
-
-
income
12 791
15 350
-
-
total
12 791
15 350
-
-
Dividends
115 126
138 150
-
-
withholding
5 757
6 907
-
-
total
5 757
6 907
-
-
Income
153 500
153 500
153 500
153 500
Total tax
27 980
22 257
25 891
31 782
After tax
125 520
131 243
127 609
121 718
Living cost
16 151
16 151
16 151
16 151
Free-cash
109 369
115 092
111 458
105 567

Estimated living cost  is ₽16151 per week

₽10682
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽925
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽385
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4160
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽42771
₽62169
₽46406
₽55055
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
153 500
income

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

-
-
-
46 132
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.

-
-
-
2 537
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.

-
-
-
6 414
trade
-
-
-
15 763
total
-
-
-
70 846
Employee

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

46 715
-
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.

212
-
2 537
-
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.

3 841
-
46 132
-
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.

6 414
-
6 414
-
total
10 467
-
55 083
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
106 785
153 500
-
-
income
16 017
23 025
-
-
surtax

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

880
1 267
-
-
chamber of commerce
299
367
-
-
trade
15 324
22 027
-
-
total
32 520
46 686
-
-
Dividends
74 264
106 814
-
-
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.

1 001
1 449
-
-
withholding
18 209
26 346
-
-
total
19 210
27 795
-
-
Income
153 500
153 500
153 500
153 500
Total tax
62 197
74 481
55 083
70 846
After tax
91 303
79 019
98 417
82 654
Living cost
36 248
36 248
36 248
36 248
Free-cash
55 055
42 771
62 169
46 406

Estimated living cost  is ₽36248 per week

₽25004
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3900
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.
₽6817
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽53967
₽28802
₽28802
₽56040
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
45 881
social contributions
-
-
-
25 334
total
-
-
-
71 215
Employee
73 441
-
153 500
-
income
13 858
-
45 881
-
social contributions
6 101
-
25 334
-
total
19 959
-
71 215
-
Employer
73 441
-
153 500
-
total
-
-
-
-
Corporate
80 059
153 500
-
-
income
10 008
19 187
-
-
total
10 008
19 187
-
-
Dividends
70 051
134 313
-
-
withholding
14 010
26 863
-
-
total
14 010
26 863
-
-
Income
153 500
153 500
153 500
153 500
Total tax
43 977
46 050
71 215
71 215
After tax
109 523
107 450
82 285
82 285
Living cost
53 483
53 483
53 483
53 483
Free-cash
56 040
53 967
28 802
28 802

Estimated living cost  is ₽53483 per week

₽40689
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4358
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽511
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7925
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽60733
₽75784
₽87013
₽64015
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
26 725
health

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

-
-
-
5 680
total
-
-
-
32 405
Employee
43 070
-
149 181
-
income
4 673
-
34 996
-
social contributions
4 315
-
4 319
-
total
8 988
-
39 315
-
Employer
43 070
-
149 181
-
social contributions
4 315
-
4 319
-
total
4 315
-
4 319
-
Corporate
106 115
153 500
-
-
income
37 140
53 725
-
-
total
37 140
53 725
-
-
Dividends
68 975
99 775
-
-
social contributions
4 960
4 960
-
-
total
4 960
4 960
-
-
Income
153 500
153 500
153 500
153 500
Total tax
55 403
58 685
43 634
32 405
After tax
98 097
94 815
109 866
121 095
Living cost
34 082
34 082
34 082
34 082
Free-cash
64 015
60 733
75 784
87 013

Estimated living cost  is ₽34082 per week

₽22449
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2687
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽522
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8422
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽66830
₽53771
₽67735
₽72408
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
42 551
pensions
-
-
-
8 226
total
-
-
-
50 777
Employee
48 026
-
134 205
-
pensions
3 666
-
10 209
-
income
8 746
-
33 243
-
health
626
-
1 994
-
total
13 038
-
45 446
-
Employer
48 026
-
134 205
-
health
913
-
2 550
-
pensions
4 852
-
16 745
-
total
5 765
-
19 295
-
Corporate
99 709
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.

18 944
29 165
-
-
total
18 944
29 165
-
-
Dividends
80 765
124 335
-
-
withholding
8 357
22 517
-
-
total
8 357
22 517
-
-
Income
153 500
153 500
153 500
153 500
Total tax
46 104
51 682
64 741
50 777
After tax
107 396
101 818
88 759
102 723
Living cost
34 988
34 988
34 988
34 988
Free-cash
72 408
66 830
53 771
67 735

Estimated living cost  is ₽34988 per week

₽24001
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3217
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽438
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7329
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽10230
₽60219
₽82319
₽8958
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
153 500
accident
-
-
-
240
income
-
-
-
41 890
other
-
-
-
353
health
-
-
-
2 075
pensions
-
-
-
3 959
total
-
-
-
48 517
Employee
35 652
-
137 359
-
pensions
4 014
-
7 259
-
income
4 891
-
31 489
-
health
4 082
-
15 728
-
total
12 987
-
54 476
-
Employer
35 652
-
137 359
-
pensions
5 797
-
10 482
-
accident
595
-
2 294
-
unemployment
873
-
3 365
-
total
7 265
-
16 141
-
Corporate
110 583
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.

99 525
138 150
-
-
total
99 525
138 150
-
-
Dividends
11 058
15 350
-
-
withholding
2 101
2 916
-
-
total
2 101
2 916
-
-
Income
153 500
153 500
153 500
153 500
Total tax
121 878
141 066
70 617
48 517
After tax
31 622
12 434
82 883
104 983
Living cost
22 664
22 664
22 664
22 664
Free-cash
8 958
-10 230
60 219
82 319

Estimated living cost  is ₽22664 per week

₽16633
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1321
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽457
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4254
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

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

Source of data for Warsaw model

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Skopje , Macedonia
₽116483
₽95031
₽74380
₽112089
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
25 128
unemployment
-
-
-
1 802
work injury
-
-
-
751
health insurance
-
-
-
11 115
pensions
-
-
-
27 637
total
-
-
-
66 433
Employee

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

20 298
-
153 500
-
health insurance
1 502
-
5 558
-
unemployment
244
-
901
-
work injury
101
-
376
-
pensions
3 735
-
13 819
-
income
2 030
-
25 128
-
total
7 612
-
45 782
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
133 202
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%.

1 332
1 535
-
-
total
1 332
1 535
-
-
Dividends
131 870
151 965
-
-
withholding
19 780
22 795
-
-
total
19 780
22 795
-
-
Income
153 500
153 500
153 500
153 500
Total tax
28 724
24 330
45 782
66 433
After tax
124 776
129 170
107 718
87 067
Living cost
12 687
12 687
12 687
12 687
Free-cash
112 089
116 483
95 031
74 380

Estimated living cost  is ₽12687 per week

₽7860
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽922
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽396
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3509
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽43451
₽28098
₽34834
₽39181
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
regional
-
-
-
3 504
municipal
-
-
-
1 026
national
-
-
-
37 252
total
-
-
-
81 263
Employee
79 116
-
153 500
-
municipal
472
-
916
-
national
13 370
-
32 217
-
regional
1 194
-
3 106
-
social contributions
26 677
-
51 760
-
total
41 713
-
87 999
-
Employer
79 116
-
153 500
-
total
-
-
-
-
Corporate
74 384
153 500
-
-
municipal
3 585
7 399
-
-
nationa
17 853
36 840
-
-
total
21 438
44 239
-
-
Dividends
52 947
109 260
-
-
withholding
13 765
28 407
-
-
total
13 765
28 407
-
-
Income
153 500
153 500
153 500
153 500
Total tax
76 916
72 646
87 999
81 263
After tax
76 584
80 854
65 501
72 237
Living cost
37 403
37 403
37 403
37 403
Free-cash
39 181
43 451
28 098
34 834

Estimated living cost  is ₽37403 per week

₽26273
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2573
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽565
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7991
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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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