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
₽ 154000
per

Your estimated
City
free-cash

Dresden , Germany
₽47146
₽58308
₽52232
₽69097
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
154 000
trade
-
-
-
16 865
income

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

-
-
-
44 970
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.

-
-
-
6 894
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.

-
-
-
2 474
total
-
-
-
71 203
Employee

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

38 597
-
154 000
-
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.

6 894
-
6 894
-
surtax

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

59
-
2 474
-
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.

1 078
-
44 970
-
total
8 031
-
54 338
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
115 403
154 000
-
-
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.

952
1 270
-
-
income
17 310
23 100
-
-
trade
18 175
24 255
-
-
chamber of commerce
320
375
-
-
total
36 757
49 000
-
-
Dividends
78 647
104 999
-
-
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.

1 061
1 423
-
-
withholding
19 278
25 866
-
-
total
20 339
27 289
-
-
Income
154 000
154 000
154 000
154 000
Total tax
65 127
76 289
54 338
71 203
After tax
88 873
77 711
99 662
82 797
Living cost
30 565
30 565
30 565
30 565
Free-cash
58 308
47 146
69 097
52 232

Estimated living cost  is ₽30565 per week

₽19226
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3564
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽571
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7204
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽45106
₽44257
₽40281
₽41488
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
154 000
municipal
-
-
-
16 706
pensions
-
-
-
18 480
national
-
-
-
25 888
social contributions
-
-
-
1 655
total
-
-
-
62 729
Employee
79 044
-
133 132
-
municipal
9 763
-
17 303
-
pensions
3 162
-
5 325
-
national
15 129
-
26 812
-
total
28 054
-
49 440
-
Employer
79 044
-
133 132
-
social contributions
850
-
1 431
-
pensions
6 324
-
10 651
-
total
7 174
-
12 082
-
Corporate
62 566
154 000
-
-
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%.

12 513
30 800
-
-
total
12 513
30 800
-
-
Dividends
50 053
123 200
-
-
withholding
11 012
27 104
-
-
total
11 012
27 104
-
-
Income
154 000
154 000
154 000
154 000
Total tax
58 753
57 904
61 522
62 729
After tax
95 247
96 096
92 478
91 271
Living cost
50 990
50 990
50 990
50 990
Free-cash
44 257
45 106
41 488
40 281

Estimated living cost  is ₽50990 per week

₽34657
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4740
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽763
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10830
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽102205
₽93928
₽29692
₽72467
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
154 000
microenterprise
-
-
-
-
income
-
-
-
25 379
surtax
-
-
-
39 271
social contributions

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

-
-
-
38 664
total
-
-
-
103 314
Employee
29 487
-
111 030
-
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.

3 244
-
12 214
-
surtax
-
-
-
-
income
5 249
-
21 578
-
total
8 493
-
33 792
-
Employer
29 487
-
111 030
-
social contributions

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

7 103
-
26 747
-
surtax
-
-
-
-
total
7 103
-
26 747
-
Corporate
117 410
154 000
-
-
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%.

23 482
30 801
-
-
total
23 482
30 801
-
-
Dividends

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

93 929
123 199
-
-
total
-
-
-
-
Income
154 000
154 000
154 000
154 000
Total tax
39 078
30 801
60 539
103 314
After tax
114 922
123 199
93 461
50 686
Living cost
20 994
20 994
20 994
20 994
Free-cash
93 928
102 205
72 467
29 692

Estimated living cost  is ₽20994 per week

₽13393
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1999
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.
₽5125
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽33617
₽27437
₽44400
₽51364
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
154 000
income
-
-
-
43 060
pensions
-
-
-
11 823
health
-
-
-
12 444
total
-
-
-
67 327
Employee
86 174
86 174
135 247
-
health
13 227
11 251
12 444
-
income

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

14 105
14 105
17 342
-
pensions
15 511
11 823
11 823
-
total
42 843
37 179
41 609
-
Employer
86 174
86 174
135 247
-
unemployment
3 102
3 102
3 855
-
pensions
5 998
5 998
7 455
-
health
5 990
5 990
7 444
-
total
15 090
15 090
18 754
-
Corporate
53 793
52 735
-
-
income
10 758
10 548
-
-
total
10 758
10 548
-
-
Dividends
43 034
42 188
-
-
income
9 144
8 964
-
-
withholding
6 455
6 329
-
-
total
15 599
15 293
-
-
Income
154 000
154 000
154 000
154 000
Total tax
84 290
78 110
60 363
67 327
After tax
69 710
75 890
93 637
86 673
Living cost
42 273
42 273
42 273
42 273
Free-cash
27 437
33 617
51 364
44 400

Estimated living cost  is ₽42273 per week

₽29958
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3811
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽672
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7832
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽45095
₽44219
₽41208
₽40261
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
154 000
municipal
-
-
-
38 541
accident
-
-
-
171
pensions
-
-
-
9 237
other
-
-
-
9 929
unemployment
-
-
-
85
health
-
-
-
5 332
national
-
-
-
10 508
total
-
-
-
73 803
Employee
55 556
-
127 151
-
municipal
16 567
-
37 917
-
national
-
-
9 985
-
total
16 567
-
47 902
-
Employer
55 556
-
127 151
-
accident
111
-
171
-
other
6 456
-
9 929
-
unemployment
1 467
-
2 256
-
pensions
6 006
-
9 237
-
health
3 417
-
5 255
-
total
17 457
-
26 848
-
Corporate
80 988
154 000
-
-
income
17 817
33 880
-
-
total
17 817
33 880
-
-
Dividends
63 171
120 120
-
-
withholding
18 951
36 036
-
-
total
18 951
36 036
-
-
Income
154 000
154 000
154 000
154 000
Total tax
70 792
69 916
74 750
73 803
After tax
83 208
84 084
79 250
80 197
Living cost
38 989
38 989
38 989
38 989
Free-cash
44 219
45 095
40 261
41 208

Estimated living cost  is ₽38989 per week

₽25841
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3826
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽592
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8731
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽37277
₽51457
₽42404
₽60020
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
154 000
trade
-
-
-
17 616
income

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

-
-
-
44 970
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.

-
-
-
6 894
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.

-
-
-
2 474
total
-
-
-
71 954
Employee

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

51 174
-
154 000
-
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.

6 894
-
6 894
-
surtax

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

241
-
2 474
-
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.

4 397
-
44 970
-
total
11 532
-
54 338
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
102 826
154 000
-
-
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.

848
1 270
-
-
income
15 423
23 100
-
-
trade
16 915
25 333
-
-
chamber of commerce
299
372
-
-
total
33 485
50 075
-
-
Dividends
69 340
103 925
-
-
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.

933
1 408
-
-
withholding
16 951
25 598
-
-
total
17 884
27 006
-
-
Income
154 000
154 000
154 000
154 000
Total tax
62 901
77 081
54 338
71 954
After tax
91 099
76 919
99 662
82 046
Living cost
39 642
39 642
39 642
39 642
Free-cash
51 457
37 277
60 020
42 404

Estimated living cost  is ₽39642 per week

₽26513
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4180
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽592
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8357
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽79692
₽75506
₽73718
₽72300
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
154 000
income
-
-
-
27 296
health
-
-
-
3 928
social contributions
-
-
-
16 327
total
-
-
-
47 551
Employee
77 596
77 596
142 675
-
social contributions
3 771
6 440
8 686
-
health
772
1 319
2 426
-
income
8 148
7 183
26 532
-
total
12 691
14 942
37 644
-
Employer
77 596
77 596
142 675
-
social contributions
3 771
6 440
8 686
-
health
841
1 436
2 639
-
total
4 612
7 876
11 325
-
Corporate
103 967
68 527
-
-
income
12 995
8 566
-
-
total
12 995
8 566
-
-
Dividends
90 972
59 962
-
-
withholding
15 465
10 193
-
-
total
15 465
10 193
-
-
Income
154 000
154 000
154 000
154 000
Total tax
45 763
41 577
48 969
47 551
After tax
108 237
112 423
105 031
106 449
Living cost
32 731
32 731
32 731
32 731
Free-cash
75 506
79 692
72 300
73 718

Estimated living cost  is ₽32731 per week

₽22375
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2557
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽550
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7250
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽68225
₽68604
₽88348
₽70940
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
154 000
income
-
-
-
18 827
pensions
-
-
-
15 400
unemployment
-
-
-
2 310
health
-
-
-
10 780
total
-
-
-
47 317
Employee

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

The minimum wage is 138,000 HUF per month.

26 467
10 533
128 870
-
health
1 853
737
9 021
-
income
3 236
1 288
15 754
-
pensions
2 647
1 053
12 887
-
unemployment
397
158
1 933
-
total
8 133
3 236
39 595
-
Employer

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

The minimum wage is 138,000 HUF per month.

26 467
10 533
128 870
-
pensions
5 161
2 054
25 130
-
total
5 161
2 054
25 130
-
Corporate
122 372
141 413
-
-
income
11 014
12 727
-
-
total
11 014
12 727
-
-
Dividends
111 359
128 686
-
-
social contributions
21 595
24 973
-
-
withholding
21 158
24 450
-
-
total
42 753
49 423
-
-
Income
154 000
154 000
154 000
154 000
Total tax
67 061
67 440
64 725
47 317
After tax
86 939
86 560
89 275
106 683
Living cost
18 335
18 335
18 335
18 335
Free-cash
68 604
68 225
70 940
88 348

Estimated living cost  is ₽18335 per week

₽12512
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1500
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽366
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3956
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽98825
₽92556
₽58170
₽64390
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
154 000
income
-
-
-
20 636
pensions
-
-
-
30 801
health
-
-
-
20 019
total
-
-
-
71 456
Employee
28 627
-
115 095
-
income
3 223
-
22 191
-
pensions
573
-
2 302
-
unemployment
458
-
1 842
-
total
4 254
-
26 335
-
Employer
28 627
-
115 095
-
unemployment
230
-
921
-
pensions
5 726
-
23 018
-
health
3 721
-
14 962
-
total
9 677
-
38 901
-
Corporate
115 697
154 000
-
-
income
23 139
30 801
-
-
total
23 139
30 801
-
-
Dividends
92 558
123 199
-
-
total
-
-
-
-
Income
154 000
154 000
154 000
154 000
Total tax
37 070
30 801
65 236
71 456
After tax
116 930
123 199
88 764
82 544
Living cost
24 374
24 374
24 374
24 374
Free-cash
92 556
98 825
64 390
58 170

Estimated living cost  is ₽24374 per week

₽16718
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1452
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.
₽5714
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽9597
₽9088
₽83286
₽60782
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
154 000
accident
-
-
-
253
income
-
-
-
41 656
pensions
-
-
-
4 174
other
-
-
-
372
health
-
-
-
2 188
total
-
-
-
48 643
Employee
34 719
-
137 291
-
health
3 975
-
15 719
-
income
4 763
-
31 065
-
pensions
3 909
-
7 654
-
total
12 647
-
54 438
-
Employer
34 719
-
137 291
-
accident
580
-
2 293
-
unemployment
851
-
3 363
-
pensions
5 646
-
11 053
-
total
7 077
-
16 709
-
Corporate
112 206
154 000
-
-
income

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

100 985
138 600
-
-
total
100 985
138 600
-
-
Dividends
11 221
15 400
-
-
withholding
2 132
2 926
-
-
total
2 132
2 926
-
-
Income
154 000
154 000
154 000
154 000
Total tax
122 841
141 526
71 147
48 643
After tax
31 159
12 474
82 853
105 357
Living cost
22 071
22 071
22 071
22 071
Free-cash
9 088
-9 597
60 782
83 286

Estimated living cost  is ₽22071 per week

₽16176
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1223
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽461
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4212
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽137221
₽135519
₽143381
₽114121
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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%.

-
-
-
154 000
microenterprise

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

-
-
-
1 540
total
-
-
-
1 540
Employee
11 349
-
154 000
-
income
2 269
-
30 800
-
total
2 269
-
30 800
-
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%.

142 651
154 000
-
-
total
-
-
-
-
Dividends
142 651
154 000
-
-
withholding
7 133
7 700
-
-
total
7 133
7 700
-
-
Income
154 000
154 000
154 000
154 000
Total tax
9 402
7 700
30 800
1 540
After tax
144 598
146 300
123 200
152 460
Living cost
9 079
9 079
9 079
9 079
Free-cash
135 519
137 221
114 121
143 381

Estimated living cost  is ₽9079 per week

₽5627
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽755
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽250
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2448
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽86255
₽79441
₽54729
₽60963
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
154 000
income
-
-
-
21 513
pensions

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

-
-
-
36 829
other
-
-
-
7 288
health
-
-
-
6 752
total
-
-
-
72 382
Employee
36 640
-
123 002
-
health
513
-
1 722
-
income
6 308
-
23 591
-
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.

2 564
-
8 610
-
unemployment
366
-
1 229
-
total
9 751
-
35 152
-
Employer
36 640
-
123 002
-
accident
293
-
984
-
other
1 833
-
6 151
-
unemployment
366
-
1 229
-
pensions

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

6 229
-
20 910
-
health
513
-
1 722
-
total
9 234
-
30 996
-
Corporate
108 126
154 000
-
-
income
22 706
32 340
-
-
total
22 706
32 340
-
-
Dividends
85 420
121 660
-
-
withholding
5 979
8 516
-
-
total
5 979
8 516
-
-
Income
154 000
154 000
154 000
154 000
Total tax
47 670
40 856
66 148
72 382
After tax
106 330
113 144
87 852
81 618
Living cost
26 889
26 889
26 889
26 889
Free-cash
79 441
86 255
60 963
54 729

Estimated living cost  is ₽26889 per week

₽18999
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1815
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.
₽5642
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽35712
₽33755
₽36230
₽22158
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
154 000
income
-
-
-
41 426
pensions
-
-
-
8 622
total
-
-
-
50 048
Employee
95 816
-
134 752
-
health
1 579
-
2 048
-
income
17 272
-
32 042
-
pensions
9 244
-
10 785
-
total
28 095
-
44 875
-
Employer
95 816
-
134 752
-
pensions
11 313
-
16 685
-
health
1 820
-
2 560
-
total
13 133
-
19 245
-
Corporate
45 051
154 000
-
-
income

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

8 559
29 261
-
-
total
8 559
29 261
-
-
Dividends
36 492
124 739
-
-
withholding
2 736
21 305
-
-
total
2 736
21 305
-
-
Income
154 000
154 000
154 000
154 000
Total tax
52 523
50 566
64 120
50 048
After tax
101 477
103 434
89 880
103 952
Living cost
67 722
67 722
67 722
67 722
Free-cash
33 755
35 712
22 158
36 230

Estimated living cost  is ₽67722 per week

₽50745
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽7957
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.
₽8470
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽118431
₽113741
₽108244
₽114025
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
154 000
income
-
-
-
23 100
pensions

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

-
-
-
5 220
unemployment
-
-
-
141
health
-
-
-
4 056
total
-
-
-
32 517
Employee
17 531
-
147 080
-
health
806
-
1 622
-
accident

We are using the highest rate at 1.1%.

193
-
388
-
income
1 753
-
14 708
-
pensions

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

1 539
-
3 097
-
total
4 291
-
19 815
-
Employer
17 531
-
147 080
-
accident

We are using the highest rate at 1.1%.

193
-
388
-
unemployment
105
-
212
-
pensions

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

1 932
-
3 887
-
health
1 210
-
2 434
-
total
3 440
-
6 921
-
Corporate
133 029
154 000
-
-
income
13 303
15 400
-
-
total
13 303
15 400
-
-
Dividends
119 726
138 600
-
-
withholding
5 986
6 930
-
-
total
5 986
6 930
-
-
Income
154 000
154 000
154 000
154 000
Total tax
27 020
22 330
26 736
32 517
After tax
126 980
131 670
127 264
121 483
Living cost
13 239
13 239
13 239
13 239
Free-cash
113 741
118 431
114 025
108 244

Estimated living cost  is ₽13239 per week

₽7729
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽945
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽351
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4214
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽19933
₽22473
₽30716
₽37680
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
154 000
income
-
-
-
43 060
pensions
-
-
-
11 823
health
-
-
-
12 444
total
-
-
-
67 327
Employee
93 558
86 174
135 247
-
health
11 672
11 251
12 444
-
income

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

14 105
14 105
17 342
-
pensions
11 823
11 823
11 823
-
total
37 600
37 179
41 609
-
Employer
93 558
86 174
135 247
-
unemployment
3 368
3 102
3 855
-
pensions
6 511
5 998
7 455
-
health
6 501
5 990
7 444
-
total
16 380
15 090
18 754
-
Corporate
44 061
52 735
-
-
income
8 813
10 548
-
-
total
8 813
10 548
-
-
Dividends
35 249
42 188
-
-
income
7 490
8 964
-
-
withholding
5 287
6 329
-
-
total
12 777
15 293
-
-
Income
154 000
154 000
154 000
154 000
Total tax
75 570
78 110
60 363
67 327
After tax
78 430
75 890
93 637
86 673
Living cost
55 957
55 957
55 957
55 957
Free-cash
22 473
19 933
37 680
30 716

Estimated living cost  is ₽55957 per week

₽41278
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4998
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽642
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9041
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽81862
₽73239
₽59503
₽53983
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
154 000
income
-
-
-
14 765
health
-
-
-
20 790
solidarity contribution
-
-
-
-
social contributions
-
-
-
34 775
total
-
-
-
70 330
Employee
35 540
-
114 925
-
social contributions
2 310
-
7 470
-
health
4 798
-
15 515
-
solidarity contribution
-
-
-
-
income
4 265
-
13 791
-
total
11 373
-
36 776
-
Employer
35 540
-
114 925
-
social contributions
8 885
-
28 731
-
health
3 199
-
10 343
-
total
12 084
-
39 074
-
Corporate
106 377
154 000
-
-
income
20 212
29 260
-
-
total
20 212
29 260
-
-
Dividends
86 165
124 740
-
-
withholding
12 925
18 711
-
-
total
12 925
18 711
-
-
Income
154 000
154 000
154 000
154 000
Total tax
56 594
47 971
75 850
70 330
After tax
97 406
106 029
78 150
83 670
Living cost
24 167
24 167
24 167
24 167
Free-cash
73 239
81 862
53 983
59 503

Estimated living cost  is ₽24167 per week

₽16787
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1719
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽475
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5186
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽39587
₽34314
₽32408
₽25355
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
154 000
municipal
-
-
-
915
regional
-
-
-
1 793
national
-
-
-
36 693
social contributions
-
-
-
39 610
total
-
-
-
79 011
Employee
89 684
-
154 000
-
social contributions
30 241
-
51 929
-
regional
846
-
1 580
-
municipal
475
-
816
-
national
15 540
-
31 739
-
total
47 102
-
86 064
-
Employer
89 684
-
154 000
-
total
-
-
-
-
Corporate
64 316
154 000
-
-
nationa
15 437
36 959
-
-
municipal
2 509
6 005
-
-
total
17 946
42 964
-
-
Dividends
46 371
111 035
-
-
withholding
12 057
28 868
-
-
total
12 057
28 868
-
-
Income
154 000
154 000
154 000
154 000
Total tax
77 105
71 832
86 064
79 011
After tax
76 895
82 168
67 936
74 989
Living cost
42 581
42 581
42 581
42 581
Free-cash
34 314
39 587
25 355
32 408

Estimated living cost  is ₽42581 per week

₽29682
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2792
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽653
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9452
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽74599
₽71457
₽50812
₽45761
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
154 000
income
-
-
-
38 602
pensions
-
-
-
26 936
other
-
-
-
-
unemployment
-
-
-
230
health
-
-
-
9 562
surtax
-
-
-
5 590
total
-
-
-
80 920
Employee
33 371
-
127 219
-
other
-
-
-
-
health
852
-
3 244
-
surtax
109
-
4 791
-
income
5 594
-
33 815
-
pensions
2 225
-
8 485
-
unemployment
2 323
-
8 855
-
total
11 103
-
59 190
-
Employer
33 371
-
127 219
-
other
-
-
-
-
unemployment
1 057
-
4 033
-
pensions
4 449
-
16 959
-
health
1 519
-
5 789
-
total
7 025
-
26 781
-
Corporate
113 605
154 000
-
-
income
29 537
40 040
-
-
total
29 537
40 040
-
-
Dividends
84 068
113 960
-
-
withholding
12 610
17 093
-
-
total
12 610
17 093
-
-
Income
154 000
154 000
154 000
154 000
Total tax
60 275
57 133
85 971
80 920
After tax
93 725
96 867
68 029
73 080
Living cost
22 268
22 268
22 268
22 268
Free-cash
71 457
74 599
45 761
50 812

Estimated living cost  is ₽22268 per week

₽13616
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2055
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽513
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6084
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽57168
₽61151
₽57686
₽43614
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
154 000
income
-
-
-
41 426
pensions
-
-
-
8 622
total
-
-
-
50 048
Employee
64 213
-
134 752
-
health
932
-
2 048
-
income
11 565
-
32 042
-
pensions
5 450
-
10 785
-
total
17 947
-
44 875
-
Employer
64 213
-
134 752
-
pensions
6 951
-
16 685
-
health
1 220
-
2 560
-
total
8 171
-
19 245
-
Corporate
81 616
154 000
-
-
income

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

15 508
29 261
-
-
total
15 508
29 261
-
-
Dividends
66 108
124 739
-
-
withholding
4 957
21 305
-
-
total
4 957
21 305
-
-
Income
154 000
154 000
154 000
154 000
Total tax
46 583
50 566
64 120
50 048
After tax
107 417
103 434
89 880
103 952
Living cost
46 266
46 266
46 266
46 266
Free-cash
61 151
57 168
43 614
57 686

Estimated living cost  is ₽46266 per week

₽34662
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3468
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽484
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7651
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽5846
₽26786
₽49489
₽42011
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
154 000
city
-
-
-
1 624
pensions
-
-
-
14 168
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.

-
-
-
3 079
regional
-
-
-
7 046
health
-
-
-
347
national
-
-
-
1 981
total
-
-
-
28 245
Employee
89 251
-
137 838
-
city
958
-
1 481
-
regional
2 923
-
6 088
-
health
202
-
309
-
pensions
7 498
-
11 578
-
unemployment
-
-
-
-
national
422
-
1 624
-
total
12 003
-
21 080
-
Employer
89 251
-
137 838
-
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.

1 784
-
2 756
-
unemployment
-
-
-
-
pensions
7 498
-
11 578
-
health
202
-
309
-
total
9 484
-
14 643
-
Corporate
54 283
154 000
-
-
regional
11 481
32 571
-
-
national
4 615
13 091
-
-
total
16 096
45 662
-
-
Dividends
38 188
108 339
-
-
withholding
13 365
37 918
-
-
total
13 365
37 918
-
-
Income
154 000
154 000
154 000
154 000
Total tax
50 948
83 580
35 723
28 245
After tax
103 052
70 420
118 277
125 755
Living cost
76 266
76 266
76 266
76 266
Free-cash
26 786
-5 846
42 011
49 489

Estimated living cost  is ₽76266 per week

₽49595
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽6844
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽936
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽18891
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽29898
₽46265
₽35069
₽53434
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
154 000
trade
-
-
-
18 365
income

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

-
-
-
44 970
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.

-
-
-
6 894
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.

-
-
-
2 474
total
-
-
-
72 703
Employee

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

60 646
-
154 000
-
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.

6 894
-
6 894
-
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.

393
-
2 474
-
income

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

7 131
-
44 970
-
total
14 418
-
54 338
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
93 354
154 000
-
-
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.

770
1 270
-
-
income
14 002
23 100
-
-
trade
16 009
26 412
-
-
chamber of commerce
285
370
-
-
total
31 066
51 152
-
-
Dividends
62 287
102 849
-
-
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.

835
1 392
-
-
withholding
15 188
25 330
-
-
total
16 023
26 722
-
-
Income
154 000
154 000
154 000
154 000
Total tax
61 507
77 874
54 338
72 703
After tax
92 493
76 126
99 662
81 297
Living cost
46 228
46 228
46 228
46 228
Free-cash
46 265
29 898
53 434
35 069

Estimated living cost  is ₽46228 per week

₽33763
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3698
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽601
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8167
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽43090
₽49054
₽52644
₽52759
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
154 000
income
-
-
-
22 175
pensions
-
-
-
29 723
other
-
-
-
4 774
health
-
-
-
5 772
surtax
-
-
-
-
social contributions
-
-
-
4 387
total
-
-
-
66 831
Employee
43 189
-
120 656
-
social contributions
1 231
-
3 439
-
surtax
-
-
-
-
income
2 549
-
22 156
-
pensions
4 883
-
7 779
-
total
8 663
-
33 374
-
Employer
43 189
-
120 656
-
other
1 490
-
4 447
-
social contributions
130
-
362
-
unemployment
1 748
-
4 887
-
pensions
7 095
-
13 204
-
health
3 024
-
10 442
-
total
13 487
-
33 342
-
Corporate
97 324
154 000
-
-
surtax
-
-
-
-
income
27 250
43 120
-
-
total
27 250
43 120
-
-
Dividends
70 074
110 880
-
-
surtax
-
-
-
-
social contributions
12 051
19 073
-
-
withholding
8 970
14 192
-
-
total
21 021
33 265
-
-
Income
154 000
154 000
154 000
154 000
Total tax
70 421
76 385
66 716
66 831
After tax
83 579
77 615
87 284
87 169
Living cost
34 525
34 525
34 525
34 525
Free-cash
49 054
43 090
52 759
52 644

Estimated living cost  is ₽34525 per week

₽21770
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2807
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽588
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9362
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽46510
₽52116
₽56064
₽56179
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
154 000
income
-
-
-
22 175
pensions
-
-
-
29 723
other
-
-
-
4 774
health
-
-
-
5 772
surtax
-
-
-
-
social contributions
-
-
-
4 387
total
-
-
-
66 831
Employee
38 552
-
120 656
-
social contributions
1 099
-
3 439
-
surtax
-
-
-
-
income
1 988
-
22 156
-
pensions
4 360
-
7 779
-
total
7 447
-
33 374
-
Employer
38 552
-
120 656
-
other
1 331
-
4 447
-
social contributions
115
-
362
-
unemployment
1 561
-
4 887
-
pensions
6 335
-
13 204
-
health
2 698
-
10 442
-
total
12 040
-
33 342
-
Corporate
103 409
154 000
-
-
surtax
-
-
-
-
income
28 955
43 120
-
-
total
28 955
43 120
-
-
Dividends
74 454
110 880
-
-
surtax
-
-
-
-
social contributions
12 806
19 073
-
-
withholding
9 531
14 192
-
-
total
22 337
33 265
-
-
Income
154 000
154 000
154 000
154 000
Total tax
70 779
76 385
66 716
66 831
After tax
83 221
77 615
87 284
87 169
Living cost
31 105
31 105
31 105
31 105
Free-cash
52 116
46 510
56 179
56 064

Estimated living cost  is ₽31105 per week

₽18039
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3160
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽590
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9316
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽72553
₽73079
₽77500
₽75022
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
154 000
income
-
-
-
23 100
health
-
-
-
10 749
social contributions
-
-
-
21 253
total
-
-
-
55 102
Employee
34 215
-
154 000
-
social contributions
4 722
-
21 253
-
health
2 388
-
10 749
-
income
5 707
-
25 578
-
total
12 817
-
57 580
-
Employer
34 215
-
154 000
-
total
-
-
-
-
Corporate
119 785
154 000
-
-
income

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

5 990
7 700
-
-
total
5 990
7 700
-
-
Dividends
113 795
146 300
-
-
health
7 943
10 213
-
-
social contributions
15 703
20 190
-
-
withholding
17 070
21 946
-
-
total
40 716
52 349
-
-
Income
154 000
154 000
154 000
154 000
Total tax
59 523
60 049
57 580
55 102
After tax
94 477
93 951
96 420
98 898
Living cost
21 398
21 398
21 398
21 398
Free-cash
73 079
72 553
75 022
77 500

Estimated living cost  is ₽21398 per week

₽14320
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1319
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.
₽5264
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽49879
₽48318
₽43417
₽4595
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
154 000
chamber of commerce
-
-
-
617
income
-
-
-
37 193
pensions
-
-
-
21 810
unemployment
-
-
-
6 189
health
-
-
-
9 018
surtax
-
-
-
199
total
-
-
-
75 026
Employee
50 431
40 215
119 737
-
other
504
402
1 180
-
health
1 951
1 557
4 561
-
income
5 741
2 966
29 257
-
pensions
5 165
4 117
12 072
-
unemployment
1 513
1 206
3 537
-
total
14 874
10 248
50 607
-
Employer
50 431
40 215
119 737
-
accident
655
523
1 532
-
other
2 396
1 909
5 672
-
chamber of commerce
201
161
479
-
unemployment
1 513
1 206
3 537
-
surtax
199
199
199
-
pensions
6 329
5 048
14 795
-
payroll
1 513
1 206
3 593
-
health
1 905
1 520
4 456
-
total
14 711
11 772
34 263
-
Corporate
88 858
102 012
115 907
-
income

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

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

22 214
25 504
28 978
-
total
22 214
25 504
28 978
-
Dividends
66 644
76 508
-
-
withholding
18 326
21 040
-
-
total
18 326
21 040
-
-
Income
154 000
154 000
154 000
154 000
Total tax
70 125
68 564
113 848
75 026
After tax
83 875
85 436
40 152
78 974
Living cost
35 557
35 557
35 557
35 557
Free-cash
48 318
49 879
4 595
43 417

Estimated living cost  is ₽35557 per week

₽23715
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3033
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽584
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8225
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽49380
₽34248
₽30319
₽18751
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
154 000
national
-
-
-
55 067
communal

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

-
-
-
7 798
social contributions
-
-
-
24 022
total
-
-
-
86 887
Employee

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

72 183
-
119 276
-
communal

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

3 765
-
6 222
-
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.

3 391
-
5 605
-
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.

5 414
-
8 945
-
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.

628
-
1 038
-
national
22 192
-
41 923
-
total
35 390
-
63 733
-
Employer

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

72 183
-
119 276
-
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.

938
-
1 551
-
unemployment

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

1 053
-
1 741
-
surtax
8 185
-
13 527
-
pensions

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

6 396
-
10 567
-
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.

4 439
-
7 336
-
total
21 011
-
34 722
-
Corporate
60 806
154 000
-
-
surtax
243
617
-
-
income
12 162
30 801
-
-
total
12 405
31 418
-
-
Dividends
48 401
122 583
-
-
withholding

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

14 152
36 408
-
-
total
14 152
36 408
-
-
Income
154 000
154 000
154 000
154 000
Total tax
82 958
67 826
98 455
86 887
After tax
71 042
86 174
55 545
67 113
Living cost
36 794
36 794
36 794
36 794
Free-cash
34 248
49 380
18 751
30 319

Estimated living cost  is ₽36794 per week

₽23700
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.
₽576
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9301
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽66494
₽59159
₽50247
₽46013
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
154 000
accident
-
-
-
843
income
-
-
-
39 249
pensions
-
-
-
26 469
other
-
-
-
94
unemployment
-
-
-
655
total
-
-
-
67 310
Employee
50 231
-
124 182
-
other
50
-
94
-
income
10 598
-
35 784
-
pensions
2 361
-
4 397
-
unemployment
779
-
1 450
-
total
13 788
-
41 725
-
Employer
50 231
-
124 182
-
accident
994
-
1 852
-
other
400
-
749
-
unemployment
2 763
-
5 144
-
pensions
11 854
-
22 074
-
total
16 011
-
29 819
-
Corporate
87 758
154 000
-
-
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.

13 164
23 100
-
-
total
13 164
23 100
-
-
Dividends
74 594
130 900
-
-
withholding
15 435
27 963
-
-
total
15 435
27 963
-
-
Income
154 000
154 000
154 000
154 000
Total tax
58 398
51 063
71 544
67 310
After tax
95 602
102 937
82 456
86 690
Living cost
36 443
36 443
36 443
36 443
Free-cash
59 159
66 494
46 013
50 247

Estimated living cost  is ₽36443 per week

₽26837
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2585
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽525
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6496
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Barcelona model

Close
Luxembourg , Luxembourg
₽36594
₽24897
₽23957
₽30099
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
154 000
accident
-
-
-
1 298
income
-
-
-
22 633
pensions
-
-
-
23 083
health
-
-
-
10 822
surtax
-
-
-
7 635
communal
-
-
-
9 732
total
-
-
-
75 203
Employee
76 419
-
137 560
-
health
3 401
-
6 122
-
surtax
4 684
-
8 430
-
income
7 381
-
27 066
-
pensions
6 113
-
11 005
-
total
21 579
-
52 623
-
Employer
76 419
-
137 560
-
accident
687
-
1 237
-
pensions
6 113
-
11 005
-
health
2 331
-
4 196
-
total
9 131
-
16 438
-
Corporate
68 450
154 000
-
-
surtax
718
1 616
-
-
communal
4 621
10 395
-
-
income
10 268
23 100
-
-
total
15 607
35 111
-
-
Dividends
52 843
118 889
-
-
income
20 021
9 624
-
-
withholding
7 926
17 832
-
-
total
27 947
27 456
-
-
Income
154 000
154 000
154 000
154 000
Total tax
74 264
62 567
69 061
75 203
After tax
79 736
91 433
84 939
78 797
Living cost
54 839
54 839
54 839
54 839
Free-cash
24 897
36 594
30 099
23 957

Estimated living cost  is ₽54839 per week

₽41138
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3323
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽580
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9797
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽74201
₽70992
₽50414
₽45363
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
154 000
income
-
-
-
38 602
pensions
-
-
-
26 936
other
-
-
-
-
unemployment
-
-
-
230
health
-
-
-
9 562
surtax
-
-
-
5 590
total
-
-
-
80 920
Employee
33 983
-
127 219
-
other
-
-
-
-
health
867
-
3 244
-
surtax
121
-
4 791
-
income
5 697
-
33 815
-
pensions
2 267
-
8 485
-
unemployment
2 365
-
8 855
-
total
11 317
-
59 190
-
Employer
33 983
-
127 219
-
other
-
-
-
-
unemployment
1 078
-
4 033
-
pensions
4 531
-
16 959
-
health
1 545
-
5 789
-
total
7 154
-
26 781
-
Corporate
112 862
154 000
-
-
income
29 343
40 040
-
-
total
29 343
40 040
-
-
Dividends
83 519
113 960
-
-
withholding
12 528
17 093
-
-
total
12 528
17 093
-
-
Income
154 000
154 000
154 000
154 000
Total tax
60 342
57 133
85 971
80 920
After tax
93 658
96 867
68 029
73 080
Living cost
22 666
22 666
22 666
22 666
Free-cash
70 992
74 201
45 363
50 414

Estimated living cost  is ₽22666 per week

₽13684
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1971
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽527
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6486
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details

Source of data for Athens model

Close
Naples , Italy
₽53763
₽51522
₽47277
₽40260
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
154 000
municipal
-
-
-
915
regional
-
-
-
2 322
national
-
-
-
36 693
social contributions
-
-
-
39 610
total
-
-
-
79 540
Employee
55 977
-
154 000
-
social contributions
18 876
-
51 929
-
regional
754
-
2 073
-
municipal
297
-
816
-
national
8 868
-
31 739
-
total
28 795
-
86 557
-
Employer
55 977
-
154 000
-
total
-
-
-
-
Corporate
98 023
154 000
-
-
nationa
23 526
36 959
-
-
municipal
4 872
7 654
-
-
total
28 398
44 613
-
-
Dividends
69 626
109 387
-
-
withholding
18 102
28 441
-
-
total
18 102
28 441
-
-
Income
154 000
154 000
154 000
154 000
Total tax
75 295
73 054
86 557
79 540
After tax
78 705
80 946
67 443
74 460
Living cost
27 183
27 183
27 183
27 183
Free-cash
51 522
53 763
40 260
47 277

Estimated living cost  is ₽27183 per week

₽16906
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2754
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.
₽7059
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽76249
₽65625
₽53890
₽48370
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
154 000
income
-
-
-
14 765
health
-
-
-
20 790
solidarity contribution
-
-
-
-
social contributions
-
-
-
34 775
total
-
-
-
70 330
Employee
43 794
-
114 925
-
social contributions
2 847
-
7 470
-
health
5 912
-
15 515
-
solidarity contribution
-
-
-
-
income
5 255
-
13 791
-
total
14 014
-
36 776
-
Employer
43 794
-
114 925
-
social contributions
10 949
-
28 731
-
health
3 941
-
10 343
-
total
14 890
-
39 074
-
Corporate
95 316
154 000
-
-
income
18 110
29 260
-
-
total
18 110
29 260
-
-
Dividends
77 206
124 740
-
-
withholding
11 581
18 711
-
-
total
11 581
18 711
-
-
Income
154 000
154 000
154 000
154 000
Total tax
58 595
47 971
75 850
70 330
After tax
95 405
106 029
78 150
83 670
Living cost
29 780
29 780
29 780
29 780
Free-cash
65 625
76 249
48 370
53 890

Estimated living cost  is ₽29780 per week

₽22146
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1650
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽515
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5469
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽53351
₽52851
₽46979
₽8019
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
154 000
chamber of commerce
-
-
-
617
income
-
-
-
37 193
pensions
-
-
-
21 810
unemployment
-
-
-
6 189
health
-
-
-
9 018
surtax
-
-
-
-
total
-
-
-
74 827
Employee
44 111
40 215
119 925
-
other
440
402
1 180
-
health
1 706
1 557
4 561
-
income
3 930
2 966
29 338
-
pensions
4 517
4 117
12 072
-
unemployment
1 323
1 206
3 537
-
total
11 916
10 248
50 688
-
Employer
44 111
40 215
119 925
-
accident
573
523
1 532
-
other
2 095
1 909
5 678
-
chamber of commerce
176
161
479
-
unemployment
1 323
1 206
3 537
-
surtax
-
-
-
-
pensions
5 536
5 048
14 795
-
payroll
1 323
1 206
3 598
-
health
1 668
1 520
4 456
-
total
12 694
11 573
34 075
-
Corporate
97 194
102 211
116 095
-
income

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

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

24 299
25 554
29 024
-
total
24 299
25 554
29 024
-
Dividends
72 895
76 658
-
-
withholding
20 046
21 080
-
-
total
20 046
21 080
-
-
Income
154 000
154 000
154 000
154 000
Total tax
68 955
68 455
113 787
74 827
After tax
85 045
85 545
40 213
79 173
Living cost
32 194
32 194
32 194
32 194
Free-cash
52 851
53 351
8 019
46 979

Estimated living cost  is ₽32194 per week

₽19313
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3288
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.
₽9020
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽132151
₽129498
₽138311
₽109051
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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%.

-
-
-
154 000
microenterprise

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

-
-
-
1 540
total
-
-
-
1 540
Employee
17 686
-
154 000
-
income
3 537
-
30 800
-
total
3 537
-
30 800
-
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%.

136 314
154 000
-
-
total
-
-
-
-
Dividends
136 314
154 000
-
-
withholding
6 816
7 700
-
-
total
6 816
7 700
-
-
Income
154 000
154 000
154 000
154 000
Total tax
10 353
7 700
30 800
1 540
After tax
143 647
146 300
123 200
152 460
Living cost
14 149
14 149
14 149
14 149
Free-cash
129 498
132 151
109 051
138 311

Estimated living cost  is ₽14149 per week

₽9574
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽594
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽474
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3505
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽78963
₽70520
₽49352
₽45275
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
154 000
income
-
-
-
34 071
pensions
-
-
-
28 123
unemployment
-
-
-
232
health
-
-
-
15 155
total
-
-
-
77 581
Employee

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

44 623
-
133 251
-
health
2 882
-
8 608
-
income
7 695
-
31 463
-
pensions
6 917
-
20 653
-
unemployment
63
-
186
-
total
17 557
-
60 910
-
Employer

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

44 623
-
133 251
-
unemployment
27
-
80
-
pensions
3 949
-
11 792
-
health
2 972
-
8 876
-
total
6 948
-
20 748
-
Corporate
102 429
154 000
-
-
income
19 462
29 259
-
-
total
19 462
29 259
-
-
Dividends
82 967
124 741
-
-
withholding
12 446
18 711
-
-
total
12 446
18 711
-
-
Income
154 000
154 000
154 000
154 000
Total tax
56 413
47 970
81 658
77 581
After tax
97 587
106 030
72 342
76 419
Living cost
27 067
27 067
27 067
27 067
Free-cash
70 520
78 963
45 275
49 352

Estimated living cost  is ₽27067 per week

₽18575
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1735
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽525
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6233
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽50129
₽2104
₽62861
₽97152
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
154 000
income
-
-
-
30 018
social contributions
-
-
-
17 556
total
-
-
-
47 574
Employee
62 466
-
-
-
social contributions
5 122
-
730
-
income
13 779
-
-
-
total
18 901
-
730
-
Employer
62 466
-
-
-
social contributions
88 077
-
12 553
-
total
88 077
-
12 553
-
Corporate
3 456
154 000
-
-
income
760
33 880
-
-
total
760
33 880
-
-
Dividends
2 696
120 120
-
-
income
593
26 426
-
-
total
593
26 426
-
-
Income
154 000
154 000
154 000
154 000
Total tax
108 331
60 306
13 283
47 574
After tax
45 669
93 694
140 717
106 426
Living cost
43 565
43 565
43 565
43 565
Free-cash
2 104
50 129
97 152
62 861

Estimated living cost  is ₽43565 per week

₽28267
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4097
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽555
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10646
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽55943
₽54925
₽51660
₽40670
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
154 000
income
-
-
-
17 173
surtax
-
-
-
-
social contributions

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

-
-
-
53 514
total
-
-
-
70 687
Employee
46 411
-
124 444
-
social contributions
5 105
-
13 688
-
surtax
-
-
-
-
income
9 654
-
38 433
-
total
14 759
-
52 121
-
Employer
46 411
-
124 444
-
social contributions
11 023
-
29 556
-
total
11 023
-
29 556
-
Corporate
96 566
154 000
-
-
surtax
-
-
-
-
income
20 280
32 340
-
-
total
20 280
32 340
-
-
Dividends
76 286
121 660
-
-
withholding
21 360
34 064
-
-
total
21 360
34 064
-
-
Income
154 000
154 000
154 000
154 000
Total tax
67 422
66 404
81 677
70 687
After tax
86 578
87 596
72 323
83 313
Living cost
31 653
31 653
31 653
31 653
Free-cash
54 925
55 943
40 670
51 660

Estimated living cost  is ₽31653 per week

₽23683
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1867
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽529
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5575
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽28876
₽35810
₽38430
₽38545
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
154 000
income
-
-
-
22 175
pensions
-
-
-
29 723
other
-
-
-
4 774
health
-
-
-
5 772
surtax
-
-
-
-
social contributions
-
-
-
4 387
total
-
-
-
66 831
Employee
63 203
-
120 656
-
social contributions
1 800
-
3 439
-
surtax
-
-
-
-
income
5 515
-
22 156
-
pensions
7 149
-
7 779
-
total
14 464
-
33 374
-
Employer
63 203
-
120 656
-
other
2 181
-
4 447
-
social contributions
190
-
362
-
unemployment
2 560
-
4 887
-
pensions
10 385
-
13 204
-
health
4 424
-
10 442
-
total
19 740
-
33 342
-
Corporate
71 057
154 000
-
-
surtax
-
-
-
-
income
19 897
43 120
-
-
total
19 897
43 120
-
-
Dividends
51 161
110 880
-
-
surtax
-
-
-
-
social contributions
8 801
19 073
-
-
withholding
6 549
14 192
-
-
total
15 350
33 265
-
-
Income
154 000
154 000
154 000
154 000
Total tax
69 451
76 385
66 716
66 831
After tax
84 549
77 615
87 284
87 169
Living cost
48 739
48 739
48 739
48 739
Free-cash
35 810
28 876
38 545
38 430

Estimated living cost  is ₽48739 per week

₽32986
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3987
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽668
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽11097
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽108266
₽104876
₽83901
₽87993
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
154 000
income
-
-
-
5 885
social contributions
-
-
-
33 880
total
-
-
-
39 765
Employee
32 442
-
133 333
-
income
-
-
6 339
-
social contributions
2 108
-
8 667
-
total
2 108
-
15 006
-
Employer
32 442
-
133 333
-
social contributions
5 029
-
20 667
-
total
5 029
-
20 667
-
Corporate
116 529
154 000
-
-
income
11 653
15 400
-
-
total
11 653
15 400
-
-
Dividends
104 877
138 600
-
-
total
-
-
-
-
Income
154 000
154 000
154 000
154 000
Total tax
18 790
15 400
35 673
39 765
After tax
135 210
138 600
118 327
114 235
Living cost
30 334
30 334
30 334
30 334
Free-cash
104 876
108 266
87 993
83 901

Estimated living cost  is ₽30334 per week

₽19613
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2286
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽571
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7863
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽65958
-₽65958
₽43582
-₽65958
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
154 000
municipal
-
-
-
31 372
pensions
-
-
-
875
national
-
-
-
17 301
labour market
-
-
-
12 250
total
-
-
-
61 798
Employee
205 213
205 213
205 213
-
labour market
16 394
16 394
16 394
-
national
25 070
25 070
25 070
-
municipal
43 699
43 699
43 699
-
pensions
292
292
292
-
total
85 455
85 455
85 455
-
Employer
205 213
205 213
205 213
-
labour market
16 417
16 417
16 417
-
municipal
43 769
43 769
43 769
-
pensions
583
583
583
-
national
25 114
25 114
25 114
-
total
85 883
85 883
85 883
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
154 000
154 000
154 000
154 000
Total tax
171 338
171 338
171 338
61 798
After tax
-17 338
-17 338
-17 338
92 202
Living cost
48 620
48 620
48 620
48 620
Free-cash
-65 958
-65 958
-65 958
43 582

Estimated living cost  is ₽48620 per week

₽33276
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4301
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.
₽10295
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽9271
₽9138
₽83612
₽61108
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
154 000
accident
-
-
-
253
income
-
-
-
41 656
pensions
-
-
-
4 174
other
-
-
-
372
health
-
-
-
2 188
total
-
-
-
48 643
Employee
34 207
-
137 291
-
health
3 917
-
15 719
-
income
4 693
-
31 065
-
pensions
3 852
-
7 654
-
total
12 462
-
54 438
-
Employer
34 207
-
137 291
-
accident
571
-
2 293
-
unemployment
838
-
3 363
-
pensions
5 562
-
11 053
-
total
6 971
-
16 709
-
Corporate
112 822
154 000
-
-
income

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

101 540
138 600
-
-
total
101 540
138 600
-
-
Dividends
11 282
15 400
-
-
withholding
2 144
2 926
-
-
total
2 144
2 926
-
-
Income
154 000
154 000
154 000
154 000
Total tax
123 117
141 526
71 147
48 643
After tax
30 883
12 474
82 853
105 357
Living cost
21 745
21 745
21 745
21 745
Free-cash
9 138
-9 271
61 108
83 612

Estimated living cost  is ₽21745 per week

₽15828
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1240
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽408
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4269
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽59230
₽61198
₽64039
₽43550
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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

-
-
-
154 000
municipal
-
-
-
27 369
health
-
-
-
1 949
national
-
-
-
21 900
total
-
-
-
51 218
Employee
53 092
-
129 551
-
health
396
-
1 574
-
municipal
8 696
-
21 113
-
pensions
3 583
-
8 744
-
unemployment
797
-
1 944
-
national
877
-
13 883
-
total
14 349
-
47 258
-
Employer
53 092
-
129 551
-
accident
54
-
130
-
unemployment
345
-
843
-
pensions
9 211
-
22 478
-
health
408
-
998
-
total
10 018
-
24 449
-
Corporate
90 891
154 000
-
-
income
18 179
30 801
-
-
total
18 179
30 801
-
-
Dividends

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

54 534
92 400
-
-
national
1 697
8 594
-
-
municipal
9 816
16 632
-
-
total
11 513
25 226
-
-
Income
154 000
154 000
154 000
154 000
Total tax
54 059
56 027
71 707
51 218
After tax
99 941
97 973
82 293
102 782
Living cost
38 743
38 743
38 743
38 743
Free-cash
61 198
59 230
43 550
64 039

Estimated living cost  is ₽38743 per week

₽25307
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3727
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽617
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9094
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽89059
₽83566
₽83085
₽81667
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
154 000
income
-
-
-
27 296
health
-
-
-
3 928
social contributions
-
-
-
16 327
total
-
-
-
47 551
Employee
77 596
77 596
142 675
-
social contributions
2 934
6 440
8 686
-
health
601
1 319
2 426
-
income
8 449
7 183
26 532
-
total
11 984
14 942
37 644
-
Employer
77 596
77 596
142 675
-
social contributions
2 934
6 440
8 686
-
health
653
1 436
2 639
-
total
3 587
7 876
11 325
-
Corporate
115 065
68 527
-
-
income
14 383
8 566
-
-
total
14 383
8 566
-
-
Dividends
100 682
59 962
-
-
withholding
17 116
10 193
-
-
total
17 116
10 193
-
-
Income
154 000
154 000
154 000
154 000
Total tax
47 070
41 577
48 969
47 551
After tax
106 930
112 423
105 031
106 449
Living cost
23 364
23 364
23 364
23 364
Free-cash
83 566
89 059
81 667
83 085

Estimated living cost  is ₽23364 per week

₽14002
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2292
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽517
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6553
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽111505
₽106370
₽112405
₽92166
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
154 000
income
-
-
-
15 473
pensions
-
-
-
6 419
unemployment
-
-
-
29
health
-
-
-
3 652
total
-
-
-
25 573
Employee

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

23 163
-
144 138
-
health
1 969
-
8 139
-
income
1 584
-
12 970
-
pensions
3 474
-
14 362
-
unemployment
115
-
479
-
total
7 142
-
35 950
-
Employer

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

23 163
-
144 138
-
unemployment
115
-
479
-
pensions
1 273
-
5 266
-
health
996
-
4 117
-
total
2 384
-
9 862
-
Corporate
128 453
154 000
-
-
income
11 561
13 861
-
-
total
11 561
13 861
-
-
Dividends
116 892
140 139
-
-
withholding
10 521
12 612
-
-
total
10 521
12 612
-
-
Income
154 000
154 000
154 000
154 000
Total tax
31 608
26 473
45 812
25 573
After tax
122 392
127 527
108 188
128 427
Living cost
16 022
16 022
16 022
16 022
Free-cash
106 370
111 505
92 166
112 405

Estimated living cost  is ₽16022 per week

₽10222
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1155
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.
₽4167
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽75187
₽70598
₽58940
₽54706
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
154 000
accident
-
-
-
843
income
-
-
-
39 249
pensions
-
-
-
26 469
other
-
-
-
94
unemployment
-
-
-
655
total
-
-
-
67 310
Employee
37 313
-
124 182
-
other
36
-
94
-
income
7 194
-
35 784
-
pensions
1 754
-
4 397
-
unemployment
578
-
1 450
-
total
9 562
-
41 725
-
Employer
37 313
-
124 182
-
accident
739
-
1 852
-
other
299
-
749
-
unemployment
2 053
-
5 144
-
pensions
8 805
-
22 074
-
total
11 896
-
29 819
-
Corporate
104 791
154 000
-
-
income

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

15 718
23 100
-
-
total
15 718
23 100
-
-
Dividends
89 073
130 900
-
-
withholding
18 476
27 963
-
-
total
18 476
27 963
-
-
Income
154 000
154 000
154 000
154 000
Total tax
55 652
51 063
71 544
67 310
After tax
98 348
102 937
82 456
86 690
Living cost
27 750
27 750
27 750
27 750
Free-cash
70 598
75 187
54 706
58 940

Estimated living cost  is ₽27750 per week

₽18730
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2668
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽486
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5866
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽93340
₽92886
₽95725
₽95528
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
154 000
income
-
-
-
52 051
pensions
-
-
-
2 010
health
-
-
-
1 458
total
-
-
-
55 519
Employee
4 198
-
151 738
-
health
210
-
503
-
income
812
-
51 945
-
pensions
378
-
905
-
unemployment
42
-
101
-
total
1 442
-
53 454
-
Employer
4 198
-
151 738
-
unemployment
84
-
201
-
pensions
462
-
1 106
-
health
399
-
955
-
total
945
-
2 262
-
Corporate
148 858
154 000
-
-
income
32 749
33 880
-
-
total
32 749
33 880
-
-
Dividends
116 109
120 120
-
-
withholding
23 222
24 024
-
-
total
23 222
24 024
-
-
Income
154 000
154 000
154 000
154 000
Total tax
58 358
57 904
55 716
55 519
After tax
95 642
96 096
98 284
98 481
Living cost
2 756
2 756
2 756
2 756
Free-cash
92 886
93 340
95 528
95 725

Estimated living cost  is ₽2756 per week

₽1638
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽223
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽63
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽832
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽93812
₽88847
₽74070
₽74071
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
154 000
income
-
-
-
34 284
pensions
-
-
-
19 392
unemployment
-
-
-
1 119
health
-
-
-
7 682
total
-
-
-
62 477
Employee

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

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

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

26 319
-
140 649
-
health
1 355
-
3 841
-
income
3 628
-
34 284
-
pensions
3 685
-
10 442
-
unemployment
197
-
559
-
total
8 865
-
49 126
-
Employer

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

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

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

26 319
-
140 649
-
unemployment
197
-
559
-
pensions
3 158
-
8 950
-
health
1 355
-
3 841
-
total
4 710
-
13 350
-
Corporate
122 970
154 000
-
-
income
18 446
23 100
-
-
total
18 446
23 100
-
-
Dividends
104 525
130 900
-
-
withholding
15 679
19 635
-
-
total
15 679
19 635
-
-
Income
154 000
154 000
154 000
154 000
Total tax
47 700
42 735
62 476
62 477
After tax
106 300
111 265
91 524
91 523
Living cost
17 453
17 453
17 453
17 453
Free-cash
88 847
93 812
74 071
74 070

Estimated living cost  is ₽17453 per week

₽11751
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1350
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽505
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3847
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽60391
₽60026
₽56108
₽45118
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
154 000
income
-
-
-
17 173
surtax
-
-
-
-
social contributions

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

-
-
-
53 514
total
-
-
-
70 687
Employee
39 166
-
124 444
-
social contributions
4 309
-
13 688
-
surtax
-
-
-
-
income
7 653
-
38 433
-
total
11 962
-
52 121
-
Employer
39 166
-
124 444
-
social contributions
9 301
-
29 556
-
total
9 301
-
29 556
-
Corporate
105 533
154 000
-
-
surtax
-
-
-
-
income
22 162
32 340
-
-
total
22 162
32 340
-
-
Dividends
83 371
121 660
-
-
withholding
23 344
34 064
-
-
total
23 344
34 064
-
-
Income
154 000
154 000
154 000
154 000
Total tax
66 769
66 404
81 677
70 687
After tax
87 231
87 596
72 323
83 313
Living cost
27 205
27 205
27 205
27 205
Free-cash
60 026
60 391
45 118
56 108

Estimated living cost  is ₽27205 per week

₽19269
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1890
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽483
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5565
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽67472
₽60479
₽51225
₽46991
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
154 000
accident
-
-
-
843
income
-
-
-
39 249
pensions
-
-
-
26 469
other
-
-
-
94
unemployment
-
-
-
655
total
-
-
-
67 310
Employee
48 736
-
124 182
-
other
48
-
94
-
income
10 179
-
35 784
-
pensions
2 290
-
4 397
-
unemployment
755
-
1 450
-
total
13 272
-
41 725
-
Employer
48 736
-
124 182
-
accident
965
-
1 852
-
other
391
-
749
-
unemployment
2 681
-
5 144
-
pensions
11 501
-
22 074
-
total
15 538
-
29 819
-
Corporate
89 726
154 000
-
-
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.

13 459
23 100
-
-
total
13 459
23 100
-
-
Dividends
76 268
130 900
-
-
withholding
15 787
27 963
-
-
total
15 787
27 963
-
-
Income
154 000
154 000
154 000
154 000
Total tax
58 056
51 063
71 544
67 310
After tax
95 944
102 937
82 456
86 690
Living cost
35 465
35 465
35 465
35 465
Free-cash
60 479
67 472
46 991
51 225

Estimated living cost  is ₽35465 per week

₽25469
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2758
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽500
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6739
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽114299
₽108146
₽104112
₽109893
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
154 000
income
-
-
-
23 100
pensions

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

-
-
-
5 220
unemployment
-
-
-
141
health
-
-
-
4 056
total
-
-
-
32 517
Employee
23 001
-
147 080
-
health
1 058
-
1 622
-
accident

We are using the highest rate at 1.1%.

253
-
388
-
income
2 300
-
14 708
-
pensions

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

2 019
-
3 097
-
total
5 630
-
19 815
-
Employer
23 001
-
147 080
-
accident

We are using the highest rate at 1.1%.

253
-
388
-
unemployment
138
-
212
-
pensions

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

2 535
-
3 887
-
health
1 587
-
2 434
-
total
4 513
-
6 921
-
Corporate
126 486
154 000
-
-
income
12 649
15 400
-
-
total
12 649
15 400
-
-
Dividends
113 837
138 600
-
-
withholding
5 691
6 930
-
-
total
5 691
6 930
-
-
Income
154 000
154 000
154 000
154 000
Total tax
28 483
22 330
26 736
32 517
After tax
125 517
131 670
127 264
121 483
Living cost
17 371
17 371
17 371
17 371
Free-cash
108 146
114 299
109 893
104 112

Estimated living cost  is ₽17371 per week

₽11489
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽994
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽414
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4474
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽40337
₽53537
₽45337
₽60703
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
154 000
trade
-
-
-
15 366
income

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

-
-
-
44 970
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.

-
-
-
6 894
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.

-
-
-
2 474
total
-
-
-
69 704
Employee

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

50 210
-
154 000
-
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.

6 894
-
6 894
-
surtax

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

228
-
2 474
-
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.

4 129
-
44 970
-
total
11 251
-
54 338
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
103 790
154 000
-
-
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.

856
1 270
-
-
income
15 569
23 100
-
-
trade
14 895
22 099
-
-
chamber of commerce
304
379
-
-
total
31 624
46 848
-
-
Dividends
72 166
107 152
-
-
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.

971
1 452
-
-
withholding
17 658
26 404
-
-
total
18 629
27 856
-
-
Income
154 000
154 000
154 000
154 000
Total tax
61 504
74 704
54 338
69 704
After tax
92 496
79 296
99 662
84 296
Living cost
38 959
38 959
38 959
38 959
Free-cash
53 537
40 337
60 703
45 337

Estimated living cost  is ₽38959 per week

₽26875
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4192
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽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.
₽7327
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽50317
₽52543
₽26454
₽26454
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
154 000
income
-
-
-
44 920
social contributions
-
-
-
25 142
total
-
-
-
70 062
Employee
78 935
-
154 000
-
income
14 895
-
44 920
-
social contributions
6 558
-
25 142
-
total
21 453
-
70 062
-
Employer
78 935
-
154 000
-
total
-
-
-
-
Corporate
75 065
154 000
-
-
income
9 383
19 249
-
-
total
9 383
19 249
-
-
Dividends
65 681
134 751
-
-
withholding
13 137
26 950
-
-
total
13 137
26 950
-
-
Income
154 000
154 000
154 000
154 000
Total tax
43 973
46 199
70 062
70 062
After tax
110 027
107 801
83 938
83 938
Living cost
57 484
57 484
57 484
57 484
Free-cash
52 543
50 317
26 454
26 454

Estimated living cost  is ₽57484 per week

₽43733
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4684
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽550
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8518
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽58139
₽61664
₽81903
₽74314
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
154 000
income
-
-
-
28 725
health

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

-
-
-
6 741
total
-
-
-
35 466
Employee
46 292
-
149 358
-
income
5 023
-
33 771
-
social contributions
4 638
-
4 642
-
total
9 661
-
38 413
-
Employer
46 292
-
149 358
-
social contributions
4 638
-
4 642
-
total
4 638
-
4 642
-
Corporate
103 070
154 000
-
-
income
36 075
53 899
-
-
total
36 075
53 899
-
-
Dividends
66 995
100 101
-
-
social contributions
5 331
5 331
-
-
total
5 331
5 331
-
-
Income
154 000
154 000
154 000
154 000
Total tax
55 705
59 230
43 055
35 466
After tax
98 295
94 770
110 945
118 534
Living cost
36 631
36 631
36 631
36 631
Free-cash
61 664
58 139
74 314
81 903

Estimated living cost  is ₽36631 per week

₽24129
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2888
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽561
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9052
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽65821
₽71818
₽66339
₽52267
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
154 000
income
-
-
-
41 426
pensions
-
-
-
8 622
total
-
-
-
50 048
Employee
51 629
-
134 752
-
health
673
-
2 048
-
income
9 402
-
32 042
-
pensions
3 941
-
10 785
-
total
14 016
-
44 875
-
Employer
51 629
-
134 752
-
pensions
5 216
-
16 685
-
health
981
-
2 560
-
total
6 197
-
19 245
-
Corporate
96 174
154 000
-
-
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.

18 273
29 261
-
-
total
18 273
29 261
-
-
Dividends
77 901
124 739
-
-
withholding
6 083
21 305
-
-
total
6 083
21 305
-
-
Income
154 000
154 000
154 000
154 000
Total tax
44 569
50 566
64 120
50 048
After tax
109 431
103 434
89 880
103 952
Living cost
37 613
37 613
37 613
37 613
Free-cash
71 818
65 821
52 267
66 339

Estimated living cost  is ₽37613 per week

₽25802
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3459
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽471
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽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 Edinburgh model

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Warsaw , Poland
-₽11424
₽8810
₽81459
₽58955
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
154 000
accident
-
-
-
253
income
-
-
-
41 656
pensions
-
-
-
4 174
other
-
-
-
372
health
-
-
-
2 188
total
-
-
-
48 643
Employee
37 593
-
137 291
-
health
4 304
-
15 719
-
income
5 157
-
31 065
-
pensions
4 233
-
7 654
-
total
13 694
-
54 438
-
Employer
37 593
-
137 291
-
accident
628
-
2 293
-
unemployment
921
-
3 363
-
pensions
6 112
-
11 053
-
total
7 661
-
16 709
-
Corporate
108 746
154 000
-
-
income

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

97 871
138 600
-
-
total
97 871
138 600
-
-
Dividends
10 875
15 400
-
-
withholding
2 066
2 926
-
-
total
2 066
2 926
-
-
Income
154 000
154 000
154 000
154 000
Total tax
121 292
141 526
71 147
48 643
After tax
32 708
12 474
82 853
105 357
Living cost
23 898
23 898
23 898
23 898
Free-cash
8 810
-11 424
58 955
81 459

Estimated living cost  is ₽23898 per week

₽17539
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1393
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.
₽4485
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

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

Source of data for Warsaw model

Close
Skopje , Macedonia
₽115960
₽111238
₽72988
₽93148
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
154 000
work injury
-
-
-
770
health insurance
-
-
-
11 396
income
-
-
-
25 031
pensions
-
-
-
28 336
unemployment
-
-
-
1 848
total
-
-
-
67 381
Employee

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

21 810
-
154 000
-
work injury
109
-
403
-
income
2 181
-
25 031
-
pensions
4 013
-
14 848
-
health insurance
1 614
-
5 971
-
unemployment
262
-
968
-
total
8 179
-
47 221
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
132 190
154 000
-
-
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%.

1 322
1 540
-
-
total
1 322
1 540
-
-
Dividends
130 868
152 460
-
-
withholding
19 630
22 869
-
-
total
19 630
22 869
-
-
Income
154 000
154 000
154 000
154 000
Total tax
29 131
24 409
47 221
67 381
After tax
124 869
129 591
106 779
86 619
Living cost
13 631
13 631
13 631
13 631
Free-cash
111 238
115 960
93 148
72 988

Estimated living cost  is ₽13631 per week

₽8445
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽991
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽425
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3771
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Skopje model

Close
Rome , Italy
₽40917
₽36327
₽32964
₽26132
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
154 000
municipal
-
-
-
1 030
regional
-
-
-
3 502
national
-
-
-
36 693
social contributions
-
-
-
39 610
total
-
-
-
80 835
Employee
85 034
-
154 000
-
social contributions
28 673
-
51 929
-
regional
1 284
-
3 080
-
municipal
507
-
919
-
national
14 370
-
31 739
-
total
44 834
-
87 667
-
Employer
85 034
-
154 000
-
total
-
-
-
-
Corporate
68 966
154 000
-
-
nationa
16 551
36 959
-
-
municipal
3 324
7 422
-
-
total
19 875
44 381
-
-
Dividends
49 090
109 618
-
-
withholding
12 763
28 501
-
-
total
12 763
28 501
-
-
Income
154 000
154 000
154 000
154 000
Total tax
77 472
72 882
87 667
80 835
After tax
76 528
81 118
66 333
73 165
Living cost
40 201
40 201
40 201
40 201
Free-cash
36 327
40 917
26 132
32 964

Estimated living cost  is ₽40201 per week

₽28238
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2765
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽607
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8589
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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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