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
₽ 154500
per

Your estimated
City
free-cash

Dresden , Germany
₽48254
₽69847
₽59100
₽52694
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
154 500
health

Our model is based on the assumption that an owner of the company is either a director or registered self-employed, so all social security contributions are not mandatory.

However, you would need to purchase private health insurance. We took an average price of €3600 per annum per person.

-
-
-
6 699
income

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

-
-
-
45 737
trade
-
-
-
17 153
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.

-
-
-
2 516
total
-
-
-
72 105
Employee

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

37 505
-
154 500
-
surtax

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

58
-
2 516
-
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.

1 048
-
45 737
-
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.

6 699
-
6 699
-
total
7 805
-
54 952
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
116 995
154 500
-
-
trade
18 426
24 334
-
-
chamber of commerce
316
370
-
-
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.

966
1 275
-
-
income
17 549
23 175
-
-
total
37 257
49 154
-
-
Dividends
79 737
105 346
-
-
withholding
19 561
25 964
-
-
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.

1 076
1 427
-
-
total
20 637
27 391
-
-
Income
154 500
154 500
154 500
154 500
Total tax
65 699
76 545
54 952
72 105
After tax
88 801
77 955
99 548
82 395
Living cost
29 701
29 701
29 701
29 701
Free-cash
59 100
48 254
69 847
52 694

Estimated living cost  is ₽29701 per week

₽18683
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3463
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.
₽7000
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽44691
₽41096
₽43830
₽39884
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
154 500
social contributions
-
-
-
1 661
national
-
-
-
25 951
pensions
-
-
-
18 540
municipal
-
-
-
16 747
total
-
-
-
62 899
Employee
80 170
-
133 564
-
national
15 345
-
26 878
-
municipal
9 902
-
17 345
-
pensions
3 207
-
5 343
-
total
28 454
-
49 566
-
Employer
80 170
-
133 564
-
pensions
6 414
-
10 685
-
social contributions
862
-
1 436
-
total
7 276
-
12 121
-
Corporate
61 763
154 500
-
-
income

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

12 353
30 900
-
-
total
12 353
30 900
-
-
Dividends
49 410
123 600
-
-
withholding
10 870
27 192
-
-
total
10 870
27 192
-
-
Income
154 500
154 500
154 500
154 500
Total tax
58 953
58 092
61 687
62 899
After tax
95 547
96 408
92 813
91 601
Living cost
51 717
51 717
51 717
51 717
Free-cash
43 830
44 691
41 096
39 884

Estimated living cost  is ₽51717 per week

₽35151
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4807
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽774
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10984
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽103201
₽72807
₽95156
₽31349
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
154 500
microenterprise
-
-
-
-
social contributions

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

-
-
-
37 570
income
-
-
-
25 783
surtax
-
-
-
39 398
total
-
-
-
102 751
Employee
28 653
-
112 330
-
surtax
-
-
-
-
income
5 101
-
21 877
-
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.

3 152
-
12 356
-
total
8 253
-
34 233
-
Employer
28 653
-
112 330
-
surtax
-
-
-
-
social contributions

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

6 902
-
27 060
-
total
6 902
-
27 060
-
Corporate
118 945
154 500
-
-
income

Corporate income tax rate is 20% applicable to the taxable base. However, before applying the statutory rate, the taxable base should be divided by a coefficient of 0.8. As taxable base is increased by the coefficient, the effective corporate income tax rate is 25%.

23 789
30 899
-
-
total
23 789
30 899
-
-
Dividends

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

95 156
123 601
-
-
total
-
-
-
-
Income
154 500
154 500
154 500
154 500
Total tax
38 944
30 899
61 293
102 751
After tax
115 556
123 601
93 207
51 749
Living cost
20 400
20 400
20 400
20 400
Free-cash
95 156
103 201
72 807
31 349

Estimated living cost  is ₽20400 per week

₽13015
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1943
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽463
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4980
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽35143
₽53472
₽29133
₽45487
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
154 500
health
-
-
-
12 092
income
-
-
-
44 354
pensions
-
-
-
11 489
total
-
-
-
67 935
Employee
83 737
83 737
136 277
-
income

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

13 706
13 706
18 146
-
pensions
15 073
11 489
11 489
-
health
12 853
10 932
12 092
-
total
41 632
36 127
41 727
-
Employer
83 737
83 737
136 277
-
unemployment
3 015
3 015
3 746
-
pensions
5 828
5 828
7 244
-
health
5 821
5 821
7 233
-
total
14 664
14 664
18 223
-
Corporate
57 126
56 099
-
-
income
11 426
11 219
-
-
total
11 426
11 219
-
-
Dividends
45 701
44 880
-
-
withholding
6 855
6 732
-
-
income
9 712
9 537
-
-
total
16 567
16 269
-
-
Income
154 500
154 500
154 500
154 500
Total tax
84 289
78 279
59 950
67 935
After tax
70 211
76 221
94 550
86 565
Living cost
41 078
41 078
41 078
41 078
Free-cash
29 133
35 143
53 472
45 487

Estimated living cost  is ₽41078 per week

₽29111
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3703
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.
₽7611
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽43427
₽39027
₽42508
₽40020
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
154 500
health
-
-
-
5 597
national
-
-
-
9 240
pensions
-
-
-
9 697
unemployment
-
-
-
90
other
-
-
-
10 424
accident
-
-
-
179
municipal
-
-
-
38 323
total
-
-
-
73 550
Employee
58 321
-
126 315
-
national
-
-
8 691
-
municipal
17 391
-
37 667
-
total
17 391
-
46 358
-
Employer
58 321
-
126 315
-
unemployment
1 540
-
2 368
-
pensions
6 304
-
9 697
-
accident
117
-
179
-
other
6 777
-
10 424
-
health
3 587
-
5 517
-
total
18 325
-
28 185
-
Corporate
77 855
154 500
-
-
income
17 128
33 990
-
-
total
17 128
33 990
-
-
Dividends
60 727
120 510
-
-
withholding
18 218
36 153
-
-
total
18 218
36 153
-
-
Income
154 500
154 500
154 500
154 500
Total tax
71 062
70 143
74 543
73 550
After tax
83 438
84 357
79 957
80 950
Living cost
40 930
40 930
40 930
40 930
Free-cash
42 508
43 427
39 027
40 020

Estimated living cost  is ₽40930 per week

₽27126
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4016
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽622
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9165
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽38640
₽61027
₽52415
₽43111
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
154 500
health

Our model is based on the assumption that an owner of the company is either a director or registered self-employed, so all social security contributions are not mandatory.

However, you would need to purchase private health insurance. We took an average price of €3600 per annum per person.

-
-
-
6 699
income

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

-
-
-
45 737
trade
-
-
-
17 916
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.

-
-
-
2 516
total
-
-
-
72 868
Employee

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

49 727
-
154 500
-
surtax

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

234
-
2 516
-
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.

4 272
-
45 737
-
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.

6 699
-
6 699
-
total
11 205
-
54 952
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
104 773
154 500
-
-
trade
17 235
25 415
-
-
chamber of commerce
298
368
-
-
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.

865
1 275
-
-
income
15 717
23 175
-
-
total
34 115
50 233
-
-
Dividends
70 658
104 267
-
-
withholding
17 293
25 694
-
-
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.

951
1 412
-
-
total
18 244
27 106
-
-
Income
154 500
154 500
154 500
154 500
Total tax
63 564
77 339
54 952
72 868
After tax
90 936
77 161
99 548
81 632
Living cost
38 521
38 521
38 521
38 521
Free-cash
52 415
38 640
61 027
43 111

Estimated living cost  is ₽38521 per week

₽25763
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4062
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽575
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8121
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽80964
₽73298
₽76896
₽74709
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
154 500
health
-
-
-
3 939
social contributions
-
-
-
15 865
income
-
-
-
28 182
total
-
-
-
47 986
Employee
75 402
75 402
143 406
-
income
7 918
6 980
27 423
-
social contributions
3 664
6 258
8 441
-
health
750
1 282
2 438
-
total
12 332
14 520
38 302
-
Employer
75 402
75 402
143 406
-
social contributions
3 664
6 258
8 441
-
health
817
1 396
2 654
-
total
4 481
7 654
11 095
-
Corporate
105 882
71 445
-
-
income
13 236
8 930
-
-
total
13 236
8 930
-
-
Dividends
92 646
62 514
-
-
withholding
15 750
10 627
-
-
total
15 750
10 627
-
-
Income
154 500
154 500
154 500
154 500
Total tax
45 799
41 731
49 397
47 986
After tax
108 701
112 769
105 103
106 514
Living cost
31 805
31 805
31 805
31 805
Free-cash
76 896
80 964
73 298
74 709

Estimated living cost  is ₽31805 per week

₽21742
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2484
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽534
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7045
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽68974
₽71711
₽69346
₽89176
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
154 500
health
-
-
-
10 815
income
-
-
-
18 888
pensions
-
-
-
15 450
unemployment
-
-
-
2 317
total
-
-
-
47 470
Employee

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

The minimum wage is 138,000 HUF per month.

25 773
10 257
129 289
-
unemployment
387
154
1 939
-
income
3 151
1 254
15 806
-
pensions
2 577
1 026
12 929
-
health
1 804
718
9 050
-
total
7 919
3 152
39 724
-
Employer

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

The minimum wage is 138,000 HUF per month.

25 773
10 257
129 289
-
pensions
5 026
2 000
25 211
-
total
5 026
2 000
25 211
-
Corporate
123 701
142 242
-
-
income
11 133
12 802
-
-
total
11 133
12 802
-
-
Dividends
112 568
129 441
-
-
withholding
21 388
24 594
-
-
social contributions
21 834
25 124
-
-
total
43 222
49 718
-
-
Income
154 500
154 500
154 500
154 500
Total tax
67 300
67 672
64 935
47 470
After tax
87 200
86 828
89 565
107 030
Living cost
17 854
17 854
17 854
17 854
Free-cash
69 346
68 974
71 711
89 176

Estimated living cost  is ₽17854 per week

₽12184
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1461
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽357
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3853
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽99916
₽65366
₽93823
₽59126
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
154 500
health
-
-
-
20 086
income
-
-
-
20 704
pensions
-
-
-
30 899
total
-
-
-
71 689
Employee
27 817
-
115 471
-
unemployment
445
-
1 848
-
income
3 132
-
22 263
-
pensions
556
-
2 309
-
total
4 133
-
26 420
-
Employer
27 817
-
115 471
-
unemployment
223
-
923
-
pensions
5 564
-
23 095
-
health
3 616
-
15 011
-
total
9 403
-
39 029
-
Corporate
117 280
154 500
-
-
income
23 456
30 899
-
-
total
23 456
30 899
-
-
Dividends
93 824
123 601
-
-
total
-
-
-
-
Income
154 500
154 500
154 500
154 500
Total tax
36 992
30 899
65 449
71 689
After tax
117 508
123 601
89 051
82 811
Living cost
23 685
23 685
23 685
23 685
Free-cash
93 823
99 916
65 366
59 126

Estimated living cost  is ₽23685 per week

₽16245
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1411
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽476
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5553
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽9201
₽61524
₽9185
₽83971
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
154 500
health
-
-
-
2 153
income
-
-
-
41 939
pensions
-
-
-
4 107
other
-
-
-
366
accident
-
-
-
249
total
-
-
-
48 814
Employee
34 159
-
137 942
-
income
4 686
-
31 376
-
pensions
3 846
-
7 531
-
health
3 911
-
15 795
-
total
12 443
-
54 702
-
Employer
34 159
-
137 942
-
unemployment
837
-
3 380
-
pensions
5 555
-
10 875
-
accident
570
-
2 304
-
total
6 962
-
16 559
-
Corporate
113 379
154 500
-
-
income

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

102 041
139 050
-
-
total
102 041
139 050
-
-
Dividends
11 338
15 450
-
-
withholding
2 154
2 936
-
-
total
2 154
2 936
-
-
Income
154 500
154 500
154 500
154 500
Total tax
123 600
141 986
71 261
48 814
After tax
30 900
12 514
83 239
105 686
Living cost
21 715
21 715
21 715
21 715
Free-cash
9 185
-9 201
61 524
83 971

Estimated living cost  is ₽21715 per week

₽15915
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1203
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽453
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4144
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽138696
₽115521
₽137182
₽144876
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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%.

-
-
-
154 500
microenterprise

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

-
-
-
1 545
total
-
-
-
1 545
Employee
10 098
-
154 500
-
income
2 019
-
30 900
-
total
2 019
-
30 900
-
Employer
-
-
-
-
total
-
-
-
-
Corporate

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

144 402
154 500
-
-
total
-
-
-
-
Dividends
144 402
154 500
-
-
withholding
7 220
7 725
-
-
total
7 220
7 725
-
-
Income
154 500
154 500
154 500
154 500
Total tax
9 239
7 725
30 900
1 545
After tax
145 261
146 775
123 600
152 955
Living cost
8 079
8 079
8 079
8 079
Free-cash
137 182
138 696
115 521
144 876

Estimated living cost  is ₽8079 per week

₽5006
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽672
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽222
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2178
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽87384
₽61874
₽80760
₽56823
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
154 500
health
-
-
-
6 561
income
-
-
-
22 118
pensions

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

-
-
-
35 788
other
-
-
-
7 082
total
-
-
-
71 549
Employee
35 604
-
123 404
-
unemployment
355
-
1 234
-
income
6 130
-
23 802
-
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.

2 492
-
8 638
-
health
499
-
1 727
-
total
9 476
-
35 401
-
Employer
35 604
-
123 404
-
unemployment
355
-
1 234
-
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.

6 053
-
20 977
-
accident
285
-
988
-
other
1 781
-
6 171
-
health
499
-
1 727
-
total
8 973
-
31 097
-
Corporate
109 923
154 500
-
-
income
23 084
32 445
-
-
total
23 084
32 445
-
-
Dividends
86 840
122 055
-
-
withholding
6 079
8 543
-
-
total
6 079
8 543
-
-
Income
154 500
154 500
154 500
154 500
Total tax
47 612
40 988
66 498
71 549
After tax
106 888
113 512
88 002
82 951
Living cost
26 128
26 128
26 128
26 128
Free-cash
80 760
87 384
61 874
56 823

Estimated living cost  is ₽26128 per week

₽18461
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1764
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽421
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5482
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽37609
₽24260
₽36859
₽38342
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
154 500
income
-
-
-
42 255
pensions
-
-
-
8 448
total
-
-
-
50 703
Employee
92 610
-
135 131
-
income
16 694
-
32 866
-
pensions
8 934
-
10 521
-
health
1 526
-
2 029
-
total
27 154
-
45 416
-
Employer
92 610
-
135 131
-
pensions
10 935
-
16 802
-
health
1 759
-
2 567
-
total
12 694
-
19 369
-
Corporate
49 197
154 500
-
-
income

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

9 348
29 355
-
-
total
9 348
29 355
-
-
Dividends
39 849
125 145
-
-
withholding
2 990
22 081
-
-
total
2 990
22 081
-
-
Income
154 500
154 500
154 500
154 500
Total tax
52 186
51 436
64 785
50 703
After tax
102 314
103 064
89 715
103 797
Living cost
65 455
65 455
65 455
65 455
Free-cash
36 859
37 609
24 260
38 342

Estimated living cost  is ₽65455 per week

₽49047
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽7691
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽532
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8186
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽119354
₽115395
₽114838
₽109516
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
154 500
health
-
-
-
3 904
income
-
-
-
23 175
pensions

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

-
-
-
5 025
unemployment
-
-
-
136
total
-
-
-
32 240
Employee
16 874
-
147 839
-
income
1 687
-
14 784
-
accident

We are using the highest rate at 1.1%.

186
-
373
-
pensions

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

1 482
-
2 981
-
health
776
-
1 562
-
total
4 131
-
19 700
-
Employer
16 874
-
147 839
-
unemployment
101
-
204
-
pensions

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

1 860
-
3 741
-
accident

We are using the highest rate at 1.1%.

186
-
373
-
health
1 165
-
2 343
-
total
3 312
-
6 661
-
Corporate
134 314
154 500
-
-
income
13 431
15 450
-
-
total
13 431
15 450
-
-
Dividends
120 883
139 050
-
-
withholding
6 044
6 952
-
-
total
6 044
6 952
-
-
Income
154 500
154 500
154 500
154 500
Total tax
26 918
22 402
26 361
32 240
After tax
127 582
132 098
128 139
122 260
Living cost
12 744
12 744
12 744
12 744
Free-cash
114 838
119 354
115 395
109 516

Estimated living cost  is ₽12744 per week

₽7440
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽910
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽338
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4056
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽21846
₽40175
₽24311
₽32190
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
154 500
health
-
-
-
12 092
income
-
-
-
44 354
pensions
-
-
-
11 489
total
-
-
-
67 935
Employee
90 912
83 737
136 277
-
income

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

13 706
13 706
18 146
-
pensions
11 489
11 489
11 489
-
health
11 342
10 932
12 092
-
total
36 537
36 127
41 727
-
Employer
90 912
83 737
136 277
-
unemployment
3 273
3 015
3 746
-
pensions
6 327
5 828
7 244
-
health
6 318
5 821
7 233
-
total
15 918
14 664
18 223
-
Corporate
47 671
56 099
-
-
income
9 535
11 219
-
-
total
9 535
11 219
-
-
Dividends
38 136
44 880
-
-
withholding
5 720
6 732
-
-
income
8 104
9 537
-
-
total
13 824
16 269
-
-
Income
154 500
154 500
154 500
154 500
Total tax
75 814
78 279
59 950
67 935
After tax
78 686
76 221
94 550
86 565
Living cost
54 375
54 375
54 375
54 375
Free-cash
24 311
21 846
40 175
32 190

Estimated living cost  is ₽54375 per week

₽40110
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4857
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽623
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8785
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽82194
₽54224
₽73569
₽59843
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
154 500
health
-
-
-
20 858
social contributions
-
-
-
34 792
income
-
-
-
14 828
solidarity contribution
-
-
-
-
total
-
-
-
70 478
Employee
35 557
-
115 298
-
income
4 267
-
13 836
-
solidarity contribution
-
-
-
-
social contributions
2 311
-
7 494
-
health
4 800
-
15 565
-
total
11 378
-
36 895
-
Employer
35 557
-
115 298
-
social contributions
8 889
-
28 825
-
health
3 200
-
10 377
-
total
12 089
-
39 202
-
Corporate
106 854
154 500
-
-
income
20 302
29 355
-
-
total
20 302
29 355
-
-
Dividends
86 551
125 145
-
-
withholding
12 983
18 772
-
-
total
12 983
18 772
-
-
Income
154 500
154 500
154 500
154 500
Total tax
56 752
48 127
76 097
70 478
After tax
97 748
106 373
78 403
84 022
Living cost
24 179
24 179
24 179
24 179
Free-cash
73 569
82 194
54 224
59 843

Estimated living cost  is ₽24179 per week

₽16795
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1720
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽476
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5188
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽41055
₽26548
₽35935
₽33529
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
154 500
social contributions
-
-
-
39 738
national
-
-
-
37 135
regional
-
-
-
1 804
municipal
-
-
-
917
total
-
-
-
79 594
Employee
87 148
-
154 500
-
regional
822
-
1 592
-
national
15 101
-
32 066
-
municipal
461
-
819
-
social contributions
29 386
-
52 098
-
total
45 770
-
86 575
-
Employer
87 148
-
154 500
-
total
-
-
-
-
Corporate
67 352
154 500
-
-
nationa
16 165
37 081
-
-
municipal
2 627
6 025
-
-
total
18 792
43 106
-
-
Dividends
48 560
111 394
-
-
withholding
12 626
28 962
-
-
total
12 626
28 962
-
-
Income
154 500
154 500
154 500
154 500
Total tax
77 188
72 068
86 575
79 594
After tax
77 312
82 432
67 925
74 906
Living cost
41 377
41 377
41 377
41 377
Free-cash
35 935
41 055
26 548
33 529

Estimated living cost  is ₽41377 per week

₽28843
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2713
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽635
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9185
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽75543
₽46063
₽72490
₽51683
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
154 500
health
-
-
-
9 291
income
-
-
-
39 695
pensions
-
-
-
26 174
unemployment
-
-
-
223
other
-
-
-
-
surtax
-
-
-
5 796
total
-
-
-
81 179
Employee
32 427
-
127 635
-
surtax
106
-
4 909
-
unemployment
2 257
-
8 884
-
income
5 435
-
34 373
-
pensions
2 162
-
8 513
-
health
828
-
3 255
-
other
-
-
-
-
total
10 788
-
59 934
-
Employer
32 427
-
127 635
-
unemployment
1 027
-
4 045
-
pensions
4 323
-
17 014
-
other
-
-
-
-
health
1 476
-
5 806
-
total
6 826
-
26 865
-
Corporate
115 247
154 500
-
-
income
29 965
40 170
-
-
total
29 965
40 170
-
-
Dividends
85 282
114 330
-
-
withholding
12 793
17 149
-
-
total
12 793
17 149
-
-
Income
154 500
154 500
154 500
154 500
Total tax
60 372
57 319
86 799
81 179
After tax
94 128
97 181
67 701
73 321
Living cost
21 638
21 638
21 638
21 638
Free-cash
72 490
75 543
46 063
51 683

Estimated living cost  is ₽21638 per week

₽13231
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1997
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽499
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5912
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽58347
₽44998
₽63340
₽59080
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
154 500
income
-
-
-
42 255
pensions
-
-
-
8 448
total
-
-
-
50 703
Employee
62 064
-
135 131
-
income
11 178
-
32 866
-
pensions
5 268
-
10 521
-
health
901
-
2 029
-
total
17 347
-
45 416
-
Employer
62 064
-
135 131
-
pensions
6 719
-
16 802
-
health
1 179
-
2 567
-
total
7 898
-
19 369
-
Corporate
84 538
154 500
-
-
income

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

16 062
29 355
-
-
total
16 062
29 355
-
-
Dividends
68 476
125 145
-
-
withholding
5 136
22 081
-
-
total
5 136
22 081
-
-
Income
154 500
154 500
154 500
154 500
Total tax
46 443
51 436
64 785
50 703
After tax
108 057
103 064
89 715
103 797
Living cost
44 717
44 717
44 717
44 717
Free-cash
63 340
58 347
44 998
59 080

Estimated living cost  is ₽44717 per week

₽33502
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3352
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽468
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7395
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽8950
₽39303
₽25107
₽46805
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
154 500
health
-
-
-
348
national
-
-
-
1 904
pensions
-
-
-
14 215
regional
-
-
-
6 912
city
-
-
-
1 629
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.

-
-
-
3 089
total
-
-
-
28 097
Employee
93 150
-
138 284
-
regional
3 050
-
5 951
-
national
441
-
1 546
-
unemployment
-
-
-
-
pensions
7 826
-
11 614
-
health
211
-
311
-
city
1 000
-
1 486
-
total
12 528
-
20 908
-
Employer
93 150
-
138 284
-
unemployment
-
-
-
-
pensions
7 826
-
11 614
-
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.

1 862
-
2 766
-
health
211
-
311
-
total
9 899
-
14 691
-
Corporate
50 427
154 500
-
-
national
4 287
13 133
-
-
regional
10 666
32 677
-
-
total
14 953
45 810
-
-
Dividends
35 474
108 690
-
-
withholding
12 415
38 042
-
-
total
12 415
38 042
-
-
Income
154 500
154 500
154 500
154 500
Total tax
49 795
83 852
35 599
28 097
After tax
104 705
70 648
118 901
126 403
Living cost
79 598
79 598
79 598
79 598
Free-cash
25 107
-8 950
39 303
46 805

Estimated living cost  is ₽79598 per week

₽51762
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽7143
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽977
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽19716
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽31444
₽54627
₽47345
₽35950
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
154 500
health

Our model is based on the assumption that an owner of the company is either a director or registered self-employed, so all social security contributions are not mandatory.

However, you would need to purchase private health insurance. We took an average price of €3600 per annum per person.

-
-
-
6 699
income

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

-
-
-
45 737
trade
-
-
-
18 677
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.

-
-
-
2 516
total
-
-
-
73 629
Employee

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

58 931
-
154 500
-
surtax

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

381
-
2 516
-
income

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

6 930
-
45 737
-
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.

6 699
-
6 699
-
total
14 010
-
54 952
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
95 569
154 500
-
-
trade
16 390
26 496
-
-
chamber of commerce
283
367
-
-
surtax

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

789
1 275
-
-
income
14 336
23 175
-
-
total
31 798
51 313
-
-
Dividends
63 771
103 188
-
-
withholding
15 570
25 425
-
-
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
1 397
-
-
total
16 426
26 822
-
-
Income
154 500
154 500
154 500
154 500
Total tax
62 234
78 135
54 952
73 629
After tax
92 266
76 365
99 548
80 871
Living cost
44 921
44 921
44 921
44 921
Free-cash
47 345
31 444
54 627
35 950

Estimated living cost  is ₽44921 per week

₽32808
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3593
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.
₽7936
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽44318
₽53386
₽50112
₽53810
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
154 500
health
-
-
-
5 964
social contributions
-
-
-
4 403
income
-
-
-
22 698
pensions
-
-
-
29 286
other
-
-
-
4 790
surtax
-
-
-
-
total
-
-
-
67 141
Employee
41 967
-
120 735
-
surtax
-
-
-
-
income
2 477
-
22 445
-
social contributions
1 197
-
3 441
-
pensions
4 745
-
7 914
-
total
8 419
-
33 800
-
Employer
41 967
-
120 735
-
unemployment
1 699
-
4 890
-
pensions
6 894
-
13 408
-
social contributions
127
-
363
-
other
1 448
-
4 504
-
health
2 938
-
10 600
-
total
13 106
-
33 765
-
Corporate
99 427
154 500
-
-
surtax
-
-
-
-
income
27 840
43 261
-
-
total
27 840
43 261
-
-
Dividends
71 587
111 239
-
-
withholding
9 163
14 239
-
-
surtax
-
-
-
-
social contributions
12 311
19 133
-
-
total
21 474
33 372
-
-
Income
154 500
154 500
154 500
154 500
Total tax
70 839
76 633
67 565
67 141
After tax
83 661
77 867
86 935
87 359
Living cost
33 549
33 549
33 549
33 549
Free-cash
50 112
44 318
53 386
53 810

Estimated living cost  is ₽33549 per week

₽21154
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2728
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.
₽9098
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽47642
₽56710
₽53090
₽57134
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
154 500
health
-
-
-
5 964
social contributions
-
-
-
4 403
income
-
-
-
22 698
pensions
-
-
-
29 286
other
-
-
-
4 790
surtax
-
-
-
-
total
-
-
-
67 141
Employee
37 462
-
120 735
-
surtax
-
-
-
-
income
1 932
-
22 445
-
social contributions
1 068
-
3 441
-
pensions
4 237
-
7 914
-
total
7 237
-
33 800
-
Employer
37 462
-
120 735
-
unemployment
1 517
-
4 890
-
pensions
6 156
-
13 408
-
social contributions
112
-
363
-
other
1 293
-
4 504
-
health
2 622
-
10 600
-
total
11 700
-
33 765
-
Corporate
105 339
154 500
-
-
surtax
-
-
-
-
income
29 494
43 261
-
-
total
29 494
43 261
-
-
Dividends
75 845
111 239
-
-
withholding
9 708
14 239
-
-
surtax
-
-
-
-
social contributions
13 046
19 133
-
-
total
22 754
33 372
-
-
Income
154 500
154 500
154 500
154 500
Total tax
71 185
76 633
67 565
67 141
After tax
83 315
77 867
86 935
87 359
Living cost
30 225
30 225
30 225
30 225
Free-cash
53 090
47 642
56 710
57 134

Estimated living cost  is ₽30225 per week

₽17529
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3070
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽573
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9053
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽73467
₽75776
₽73974
₽78427
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
154 500
health
-
-
-
10 784
social contributions
-
-
-
21 321
income
-
-
-
23 175
total
-
-
-
55 280
Employee
33 247
-
154 500
-
income
5 545
-
25 826
-
social contributions
4 589
-
21 321
-
health
2 320
-
10 784
-
total
12 454
-
57 931
-
Employer
33 247
-
154 500
-
total
-
-
-
-
Corporate
121 253
154 500
-
-
income

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

6 063
7 724
-
-
total
6 063
7 724
-
-
Dividends
115 190
146 776
-
-
withholding
17 278
22 015
-
-
social contributions
15 897
20 255
-
-
health
8 041
10 246
-
-
total
41 216
52 516
-
-
Income
154 500
154 500
154 500
154 500
Total tax
59 733
60 240
57 931
55 280
After tax
94 767
94 260
96 569
99 220
Living cost
20 793
20 793
20 793
20 793
Free-cash
73 974
73 467
75 776
78 427

Estimated living cost  is ₽20793 per week

₽13915
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1282
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽478
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5115
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽51108
₽5956
₽49590
₽44693
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
154 500
health
-
-
-
8 763
chamber of commerce
-
-
-
618
income
-
-
-
38 473
pensions
-
-
-
21 193
unemployment
-
-
-
6 014
surtax
-
-
-
194
total
-
-
-
75 255
Employee
49 005
39 077
120 877
-
unemployment
1 470
1 172
3 437
-
income
5 579
2 882
30 332
-
pensions
5 019
4 001
11 731
-
health
1 896
1 513
4 432
-
other
489
391
1 146
-
total
14 453
9 959
51 078
-
Employer
49 005
39 077
120 877
-
chamber of commerce
195
156
484
-
surtax
194
194
194
-
payroll
1 470
1 172
3 627
-
unemployment
1 470
1 172
3 437
-
pensions
6 150
4 905
14 377
-
accident
636
508
1 489
-
other
2 328
1 855
5 687
-
health
1 852
1 477
4 330
-
total
14 295
11 439
33 625
-
Corporate
91 200
103 982
117 155
-
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.

22 801
25 996
29 289
-
total
22 801
25 996
29 289
-
Dividends
68 399
77 986
-
-
withholding
18 809
21 446
-
-
total
18 809
21 446
-
-
Income
154 500
154 500
154 500
154 500
Total tax
70 358
68 840
113 992
75 255
After tax
84 142
85 660
40 508
79 245
Living cost
34 552
34 552
34 552
34 552
Free-cash
49 590
51 108
5 956
44 693

Estimated living cost  is ₽34552 per week

₽23045
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2948
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽568
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7992
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽50693
₽19660
₽35986
₽31295
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
154 500
communal

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

-
-
-
7 829
social contributions
-
-
-
24 029
national
-
-
-
55 594
total
-
-
-
87 452
Employee

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

70 141
-
119 665
-
national
21 564
-
42 371
-
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.

610
-
1 040
-
communal

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

3 658
-
6 241
-
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.

5 261
-
8 975
-
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.

3 296
-
5 625
-
total
34 389
-
64 252
-
Employer

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

70 141
-
119 665
-
surtax
7 953
-
13 569
-
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.

1 023
-
1 747
-
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.

6 215
-
10 603
-
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.

912
-
1 556
-
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.

4 313
-
7 360
-
total
20 416
-
34 835
-
Corporate
63 942
154 500
-
-
surtax
255
618
-
-
income
12 788
30 899
-
-
total
13 043
31 517
-
-
Dividends
50 899
122 983
-
-
withholding

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

14 913
36 537
-
-
total
14 913
36 537
-
-
Income
154 500
154 500
154 500
154 500
Total tax
82 761
68 054
99 087
87 452
After tax
71 739
86 446
55 413
67 048
Living cost
35 753
35 753
35 753
35 753
Free-cash
35 986
50 693
19 660
31 295

Estimated living cost  is ₽35753 per week

₽23030
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3126
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽560
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9038
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽67791
₽47383
₽60746
₽51498
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
154 500
income
-
-
-
40 323
pensions
-
-
-
25 720
unemployment
-
-
-
636
other
-
-
-
91
accident
-
-
-
819
total
-
-
-
67 589
Employee
48 811
-
125 525
-
unemployment
757
-
1 409
-
income
10 299
-
36 957
-
pensions
2 294
-
4 272
-
other
48
-
91
-
total
13 398
-
42 729
-
Employer
48 811
-
125 525
-
unemployment
2 685
-
4 998
-
pensions
11 519
-
21 450
-
accident
966
-
1 799
-
other
389
-
728
-
total
15 559
-
28 975
-
Corporate
90 131
154 500
-
-
income

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

13 519
23 175
-
-
total
13 519
23 175
-
-
Dividends
76 612
131 325
-
-
withholding
15 865
28 121
-
-
total
15 865
28 121
-
-
Income
154 500
154 500
154 500
154 500
Total tax
58 341
51 296
71 704
67 589
After tax
96 159
103 204
82 796
86 911
Living cost
35 413
35 413
35 413
35 413
Free-cash
60 746
67 791
47 383
51 498

Estimated living cost  is ₽35413 per week

₽26078
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2512
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽510
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6312
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽38161
₽31300
₽26512
₽25137
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
154 500
health
-
-
-
10 856
communal
-
-
-
9 764
income
-
-
-
23 334
pensions
-
-
-
23 158
surtax
-
-
-
7 659
accident
-
-
-
1 303
total
-
-
-
76 074
Employee
74 258
-
138 009
-
surtax
4 552
-
8 457
-
income
7 173
-
27 783
-
pensions
5 940
-
11 040
-
health
3 305
-
6 141
-
total
20 970
-
53 421
-
Employer
74 258
-
138 009
-
pensions
5 940
-
11 040
-
accident
668
-
1 241
-
health
2 265
-
4 209
-
total
8 873
-
16 490
-
Corporate
71 369
154 500
-
-
surtax
750
1 623
-
-
income
10 705
23 175
-
-
communal
4 818
10 428
-
-
total
16 273
35 226
-
-
Dividends
55 096
119 274
-
-
withholding
8 264
17 892
-
-
income
20 319
9 932
-
-
total
28 583
27 824
-
-
Income
154 500
154 500
154 500
154 500
Total tax
74 699
63 050
69 911
76 074
After tax
79 801
91 450
84 589
78 426
Living cost
53 289
53 289
53 289
53 289
Free-cash
26 512
38 161
31 300
25 137

Estimated living cost  is ₽53289 per week

₽39974
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3229
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽564
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9520
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽75156
₽45676
₽72035
₽51296
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
154 500
health
-
-
-
9 291
income
-
-
-
39 695
pensions
-
-
-
26 174
unemployment
-
-
-
223
other
-
-
-
-
surtax
-
-
-
5 796
total
-
-
-
81 179
Employee
33 022
-
127 635
-
surtax
117
-
4 909
-
unemployment
2 298
-
8 884
-
income
5 536
-
34 373
-
pensions
2 203
-
8 513
-
health
843
-
3 255
-
other
-
-
-
-
total
10 997
-
59 934
-
Employer
33 022
-
127 635
-
unemployment
1 048
-
4 045
-
pensions
4 403
-
17 014
-
other
-
-
-
-
health
1 502
-
5 806
-
total
6 953
-
26 865
-
Corporate
114 526
154 500
-
-
income
29 777
40 170
-
-
total
29 777
40 170
-
-
Dividends
84 749
114 330
-
-
withholding
12 713
17 149
-
-
total
12 713
17 149
-
-
Income
154 500
154 500
154 500
154 500
Total tax
60 440
57 319
86 799
81 179
After tax
94 060
97 181
67 701
73 321
Living cost
22 025
22 025
22 025
22 025
Free-cash
72 035
75 156
45 676
51 296

Estimated living cost  is ₽22025 per week

₽13297
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1915
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽512
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6303
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽54794
₽41023
₽52617
₽47966
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
154 500
social contributions
-
-
-
39 738
national
-
-
-
37 135
regional
-
-
-
2 329
municipal
-
-
-
917
total
-
-
-
80 119
Employee
54 394
-
154 500
-
regional
732
-
2 079
-
national
8 618
-
32 066
-
municipal
288
-
819
-
social contributions
18 342
-
52 098
-
total
27 980
-
87 062
-
Employer
54 394
-
154 500
-
total
-
-
-
-
Corporate
100 106
154 500
-
-
nationa
24 025
37 081
-
-
municipal
4 976
7 678
-
-
total
29 001
44 759
-
-
Dividends
71 105
109 741
-
-
withholding
18 487
28 532
-
-
total
18 487
28 532
-
-
Income
154 500
154 500
154 500
154 500
Total tax
75 468
73 291
87 062
80 119
After tax
79 032
81 209
67 438
74 381
Living cost
26 415
26 415
26 415
26 415
Free-cash
52 617
54 794
41 023
47 966

Estimated living cost  is ₽26415 per week

₽16427
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2676
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽452
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6859
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽76578
₽48608
₽65949
₽54227
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
154 500
health
-
-
-
20 858
social contributions
-
-
-
34 792
income
-
-
-
14 828
solidarity contribution
-
-
-
-
total
-
-
-
70 478
Employee
43 815
-
115 298
-
income
5 258
-
13 836
-
solidarity contribution
-
-
-
-
social contributions
2 848
-
7 494
-
health
5 915
-
15 565
-
total
14 021
-
36 895
-
Employer
43 815
-
115 298
-
social contributions
10 954
-
28 825
-
health
3 943
-
10 377
-
total
14 897
-
39 202
-
Corporate
95 787
154 500
-
-
income
18 200
29 355
-
-
total
18 200
29 355
-
-
Dividends
77 588
125 145
-
-
withholding
11 638
18 772
-
-
total
11 638
18 772
-
-
Income
154 500
154 500
154 500
154 500
Total tax
58 756
48 127
76 097
70 478
After tax
95 744
106 373
78 403
84 022
Living cost
29 795
29 795
29 795
29 795
Free-cash
65 949
76 578
48 608
54 227

Estimated living cost  is ₽29795 per week

₽22157
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1651
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.
₽5471
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽54481
₽9285
₽53995
₽48155
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
154 500
health
-
-
-
8 763
chamber of commerce
-
-
-
618
income
-
-
-
38 473
pensions
-
-
-
21 193
unemployment
-
-
-
6 014
surtax
-
-
-
-
total
-
-
-
75 061
Employee
42 864
39 077
121 057
-
unemployment
1 286
1 172
3 437
-
income
3 818
2 882
30 408
-
pensions
4 390
4 001
11 731
-
health
1 658
1 513
4 432
-
other
428
391
1 146
-
total
11 580
9 959
51 154
-
Employer
42 864
39 077
121 057
-
chamber of commerce
171
156
484
-
surtax
-
-
-
-
payroll
1 286
1 172
3 632
-
unemployment
1 286
1 172
3 437
-
pensions
5 380
4 905
14 377
-
accident
556
508
1 489
-
other
2 036
1 855
5 694
-
health
1 621
1 477
4 330
-
total
12 336
11 245
33 443
-
Corporate
99 301
104 176
117 335
-
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.

24 825
26 044
29 334
-
total
24 825
26 044
29 334
-
Dividends
74 475
78 131
-
-
withholding
20 480
21 487
-
-
total
20 480
21 487
-
-
Income
154 500
154 500
154 500
154 500
Total tax
69 221
68 735
113 931
75 061
After tax
85 279
85 765
40 569
79 439
Living cost
31 284
31 284
31 284
31 284
Free-cash
53 995
54 481
9 285
48 155

Estimated living cost  is ₽31284 per week

₽18766
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3195
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽558
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8765
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽134186
₽111011
₽131826
₽140366
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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%.

-
-
-
154 500
microenterprise

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

-
-
-
1 545
total
-
-
-
1 545
Employee
15 736
-
154 500
-
income
3 147
-
30 900
-
total
3 147
-
30 900
-
Employer
-
-
-
-
total
-
-
-
-
Corporate

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

138 764
154 500
-
-
total
-
-
-
-
Dividends
138 764
154 500
-
-
withholding
6 938
7 725
-
-
total
6 938
7 725
-
-
Income
154 500
154 500
154 500
154 500
Total tax
10 085
7 725
30 900
1 545
After tax
144 415
146 775
123 600
152 955
Living cost
12 589
12 589
12 589
12 589
Free-cash
131 826
134 186
111 011
140 366

Estimated living cost  is ₽12589 per week

₽8519
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽528
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽422
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3119
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽80072
₽45991
₽71871
₽50081
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
154 500
health
-
-
-
15 203
income
-
-
-
34 466
pensions
-
-
-
28 216
unemployment
-
-
-
233
total
-
-
-
78 118
Employee

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

43 361
-
133 685
-
unemployment
61
-
188
-
income
7 478
-
31 849
-
pensions
6 721
-
20 720
-
health
2 801
-
8 636
-
total
17 061
-
61 393
-
Employer

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

43 361
-
133 685
-
unemployment
26
-
80
-
pensions
3 837
-
11 831
-
health
2 888
-
8 904
-
total
6 751
-
20 815
-
Corporate
104 387
154 500
-
-
income
19 833
29 355
-
-
total
19 833
29 355
-
-
Dividends
84 555
125 145
-
-
withholding
12 683
18 772
-
-
total
12 683
18 772
-
-
Income
154 500
154 500
154 500
154 500
Total tax
56 328
48 127
82 208
78 118
After tax
98 172
106 373
72 292
76 382
Living cost
26 301
26 301
26 301
26 301
Free-cash
71 871
80 072
45 991
50 081

Estimated living cost  is ₽26301 per week

₽18050
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1686
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽510
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6057
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽48885
₽95633
-₽1391
₽61659
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
154 500
social contributions
-
-
-
17 613
income
-
-
-
30 115
total
-
-
-
47 728
Employee
64 685
-
-
-
income
14 268
-
-
-
social contributions
5 304
-
756
-
total
19 572
-
756
-
Employer
64 685
-
-
-
social contributions
91 206
-
12 998
-
total
91 206
-
12 998
-
Corporate
-
154 500
-
-
income
-
33 990
-
-
total
-
33 990
-
-
Dividends
-
120 510
-
-
income
-
26 512
-
-
total
-
26 512
-
-
Income
154 500
154 500
154 500
154 500
Total tax
110 778
60 502
13 754
47 728
After tax
43 722
93 998
140 746
106 772
Living cost
45 113
45 113
45 113
45 113
Free-cash
-1 391
48 885
95 633
61 659

Estimated living cost  is ₽45113 per week

₽29271
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4243
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽575
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽11024
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽57121
₽41442
₽56134
₽52642
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
154 500
social contributions

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

-
-
-
53 689
income
-
-
-
17 411
surtax
-
-
-
-
total
-
-
-
71 100
Employee
45 099
-
124 848
-
surtax
-
-
-
-
income
9 381
-
38 917
-
social contributions
4 961
-
13 733
-
total
14 342
-
52 650
-
Employer
45 099
-
124 848
-
social contributions
10 711
-
29 650
-
total
10 711
-
29 650
-
Corporate
98 690
154 500
-
-
surtax
-
-
-
-
income
20 724
32 445
-
-
total
20 724
32 445
-
-
Dividends
77 966
122 055
-
-
withholding
21 831
34 176
-
-
total
21 831
34 176
-
-
Income
154 500
154 500
154 500
154 500
Total tax
67 608
66 621
82 300
71 100
After tax
86 892
87 879
72 200
83 400
Living cost
30 758
30 758
30 758
30 758
Free-cash
56 134
57 121
41 442
52 642

Estimated living cost  is ₽30758 per week

₽23013
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1814
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽514
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5417
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽30506
₽39574
₽37248
₽39998
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
154 500
health
-
-
-
5 964
social contributions
-
-
-
4 403
income
-
-
-
22 698
pensions
-
-
-
29 286
other
-
-
-
4 790
surtax
-
-
-
-
total
-
-
-
67 141
Employee
61 415
-
120 735
-
surtax
-
-
-
-
income
5 359
-
22 445
-
social contributions
1 749
-
3 441
-
pensions
6 946
-
7 914
-
total
14 054
-
33 800
-
Employer
61 415
-
120 735
-
unemployment
2 488
-
4 890
-
pensions
10 091
-
13 408
-
social contributions
184
-
363
-
other
2 119
-
4 504
-
health
4 299
-
10 600
-
total
19 181
-
33 765
-
Corporate
73 903
154 500
-
-
surtax
-
-
-
-
income
20 692
43 261
-
-
total
20 692
43 261
-
-
Dividends
53 211
111 239
-
-
withholding
6 811
14 239
-
-
surtax
-
-
-
-
social contributions
9 153
19 133
-
-
total
15 964
33 372
-
-
Income
154 500
154 500
154 500
154 500
Total tax
69 891
76 633
67 565
67 141
After tax
84 609
77 867
86 935
87 359
Living cost
47 361
47 361
47 361
47 361
Free-cash
37 248
30 506
39 574
39 998

Estimated living cost  is ₽47361 per week

₽32053
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3874
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽649
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10784
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽109574
₽89043
₽106279
₽84938
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
154 500
income
-
-
-
6 096
social contributions
-
-
-
33 990
total
-
-
-
40 086
Employee
31 525
-
133 767
-
social contributions
2 049
-
8 696
-
income
-
-
6 552
-
total
2 049
-
15 248
-
Employer
31 525
-
133 767
-
social contributions
4 887
-
20 733
-
total
4 887
-
20 733
-
Corporate
118 089
154 500
-
-
income
11 809
15 450
-
-
total
11 809
15 450
-
-
Dividends
106 280
139 050
-
-
total
-
-
-
-
Income
154 500
154 500
154 500
154 500
Total tax
18 745
15 450
35 981
40 086
After tax
135 755
139 050
118 519
114 414
Living cost
29 476
29 476
29 476
29 476
Free-cash
106 279
109 574
89 043
84 938

Estimated living cost  is ₽29476 per week

₽19059
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2222
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.
₽7641
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽58843
-₽58843
-₽58843
₽45002
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
154 500
labour market
-
-
-
12 292
national
-
-
-
17 550
pensions
-
-
-
849
municipal
-
-
-
31 649
total
-
-
-
62 340
Employee
199 041
199 041
199 041
-
national
24 316
24 316
24 316
-
labour market
15 901
15 901
15 901
-
municipal
42 385
42 385
42 385
-
pensions
283
283
283
-
total
82 885
82 885
82 885
-
Employer
199 041
199 041
199 041
-
national
24 359
24 359
24 359
-
pensions
566
566
566
-
labour market
15 923
15 923
15 923
-
municipal
42 452
42 452
42 452
-
total
83 300
83 300
83 300
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
154 500
154 500
154 500
154 500
Total tax
166 185
166 185
166 185
62 340
After tax
-11 685
-11 685
-11 685
92 160
Living cost
47 158
47 158
47 158
47 158
Free-cash
-58 843
-58 843
-58 843
45 002

Estimated living cost  is ₽47158 per week

₽32275
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4172
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽725
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9985
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽8881
₽61844
₽9232
₽84291
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
154 500
health
-
-
-
2 153
income
-
-
-
41 939
pensions
-
-
-
4 107
other
-
-
-
366
accident
-
-
-
249
total
-
-
-
48 814
Employee
33 656
-
137 942
-
income
4 617
-
31 376
-
pensions
3 790
-
7 531
-
health
3 854
-
15 795
-
total
12 261
-
54 702
-
Employer
33 656
-
137 942
-
unemployment
825
-
3 380
-
pensions
5 472
-
10 875
-
accident
562
-
2 304
-
total
6 859
-
16 559
-
Corporate
113 985
154 500
-
-
income

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

102 587
139 050
-
-
total
102 587
139 050
-
-
Dividends
11 398
15 450
-
-
withholding
2 166
2 936
-
-
total
2 166
2 936
-
-
Income
154 500
154 500
154 500
154 500
Total tax
123 873
141 986
71 261
48 814
After tax
30 627
12 514
83 239
105 686
Living cost
21 395
21 395
21 395
21 395
Free-cash
9 232
-8 881
61 844
84 291

Estimated living cost  is ₽21395 per week

₽15573
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1220
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽401
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4200
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽60299
₽44560
₽62326
₽64652
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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

-
-
-
154 500
health
-
-
-
1 971
national
-
-
-
22 775
municipal
-
-
-
27 455
total
-
-
-
52 201
Employee
51 590
-
129 972
-
national
852
-
14 272
-
unemployment
774
-
1 950
-
municipal
8 450
-
21 178
-
pensions
3 482
-
8 774
-
health
385
-
1 593
-
total
13 943
-
47 767
-
Employer
51 590
-
129 972
-
unemployment
335
-
845
-
pensions
8 951
-
22 550
-
accident
52
-
130
-
health
396
-
1 001
-
total
9 734
-
24 526
-
Corporate
93 176
154 500
-
-
income
18 634
30 899
-
-
total
18 634
30 899
-
-
Dividends

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

55 906
92 701
-
-
municipal
10 063
16 686
-
-
national
2 153
8 969
-
-
total
12 216
25 655
-
-
Income
154 500
154 500
154 500
154 500
Total tax
54 527
56 554
72 293
52 201
After tax
99 973
97 946
82 207
102 299
Living cost
37 647
37 647
37 647
37 647
Free-cash
62 326
60 299
44 560
64 652

Estimated living cost  is ₽37647 per week

₽24591
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3621
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽599
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8837
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽90066
₽82400
₽84729
₽83811
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
154 500
health
-
-
-
3 939
social contributions
-
-
-
15 865
income
-
-
-
28 182
total
-
-
-
47 986
Employee
75 402
75 402
143 406
-
income
8 210
6 980
27 423
-
social contributions
2 851
6 258
8 441
-
health
584
1 282
2 438
-
total
11 645
14 520
38 302
-
Employer
75 402
75 402
143 406
-
social contributions
2 851
6 258
8 441
-
health
635
1 396
2 654
-
total
3 486
7 654
11 095
-
Corporate
116 666
71 445
-
-
income
14 583
8 930
-
-
total
14 583
8 930
-
-
Dividends
102 083
62 514
-
-
withholding
17 354
10 627
-
-
total
17 354
10 627
-
-
Income
154 500
154 500
154 500
154 500
Total tax
47 068
41 731
49 397
47 986
After tax
107 432
112 769
105 103
106 514
Living cost
22 703
22 703
22 703
22 703
Free-cash
84 729
90 066
82 400
83 811

Estimated living cost  is ₽22703 per week

₽13606
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2227
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽502
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6368
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽112373
₽93880
₽107383
₽113546
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
154 500
health
-
-
-
3 549
income
-
-
-
15 570
pensions
-
-
-
6 238
unemployment
-
-
-
28
total
-
-
-
25 385
Employee

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

22 508
-
144 917
-
unemployment
112
-
465
-
income
1 539
-
13 138
-
pensions
3 376
-
13 956
-
health
1 913
-
7 909
-
total
6 940
-
35 468
-
Employer

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

22 508
-
144 917
-
unemployment
112
-
465
-
pensions
1 237
-
5 117
-
health
968
-
4 001
-
total
2 317
-
9 583
-
Corporate
129 676
154 500
-
-
income
11 671
13 904
-
-
total
11 671
13 904
-
-
Dividends
118 004
140 596
-
-
withholding
10 620
12 654
-
-
total
10 620
12 654
-
-
Income
154 500
154 500
154 500
154 500
Total tax
31 548
26 558
45 051
25 385
After tax
122 952
127 942
109 449
129 115
Living cost
15 569
15 569
15 569
15 569
Free-cash
107 383
112 373
93 880
113 546

Estimated living cost  is ₽15569 per week

₽9933
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1122
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽463
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4049
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Podgorica model

Close
Valencia , Spain
₽76239
₽55831
₽71862
₽59946
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
154 500
income
-
-
-
40 323
pensions
-
-
-
25 720
unemployment
-
-
-
636
other
-
-
-
91
accident
-
-
-
819
total
-
-
-
67 589
Employee
36 258
-
125 525
-
unemployment
562
-
1 409
-
income
6 990
-
36 957
-
pensions
1 705
-
4 272
-
other
35
-
91
-
total
9 292
-
42 729
-
Employer
36 258
-
125 525
-
unemployment
1 995
-
4 998
-
pensions
8 556
-
21 450
-
accident
718
-
1 799
-
other
290
-
728
-
total
11 559
-
28 975
-
Corporate
106 683
154 500
-
-
income

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

16 003
23 175
-
-
total
16 003
23 175
-
-
Dividends
90 680
131 325
-
-
withholding
18 819
28 121
-
-
total
18 819
28 121
-
-
Income
154 500
154 500
154 500
154 500
Total tax
55 673
51 296
71 704
67 589
After tax
98 827
103 204
82 796
86 911
Living cost
26 965
26 965
26 965
26 965
Free-cash
71 862
76 239
55 831
59 946

Estimated living cost  is ₽26965 per week

₽18201
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2592
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽473
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5700
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽94585
₽97403
₽94285
₽97531
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
154 500
health
-
-
-
964
income
-
-
-
52 852
pensions
-
-
-
1 330
total
-
-
-
55 146
Employee
2 776
-
153 004
-
unemployment
28
-
66
-
income
537
-
52 782
-
pensions
250
-
598
-
health
139
-
332
-
total
954
-
53 778
-
Employer
2 776
-
153 004
-
unemployment
56
-
133
-
pensions
305
-
731
-
health
264
-
632
-
total
625
-
1 496
-
Corporate
151 099
154 500
-
-
income
33 242
33 990
-
-
total
33 242
33 990
-
-
Dividends
117 857
120 510
-
-
withholding
23 571
24 102
-
-
total
23 571
24 102
-
-
Income
154 500
154 500
154 500
154 500
Total tax
58 392
58 092
55 274
55 146
After tax
96 108
96 408
99 226
99 354
Living cost
1 823
1 823
1 823
1 823
Free-cash
94 285
94 585
97 403
97 531

Estimated living cost  is ₽1823 per week

₽1083
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽148
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽42
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽550
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽94705
₽75709
₽89892
₽75707
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
154 500
health
-
-
-
7 448
income
-
-
-
34 538
pensions
-
-
-
18 801
unemployment
-
-
-
1 085
total
-
-
-
61 872
Employee

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

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

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

25 516
-
141 557
-
unemployment
191
-
542
-
income
3 517
-
34 538
-
pensions
3 572
-
10 123
-
health
1 314
-
3 724
-
total
8 594
-
48 927
-
Employer

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

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

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

25 516
-
141 557
-
unemployment
191
-
542
-
pensions
3 062
-
8 677
-
health
1 314
-
3 724
-
total
4 567
-
12 943
-
Corporate
124 417
154 500
-
-
income
18 663
23 175
-
-
total
18 663
23 175
-
-
Dividends
105 754
131 325
-
-
withholding
15 863
19 699
-
-
total
15 863
19 699
-
-
Income
154 500
154 500
154 500
154 500
Total tax
47 687
42 874
61 870
61 872
After tax
106 813
111 626
92 630
92 628
Living cost
16 921
16 921
16 921
16 921
Free-cash
89 892
94 705
75 709
75 707

Estimated living cost  is ₽16921 per week

₽11393
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1309
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.
₽3730
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽61443
₽45764
₽61091
₽56964
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
154 500
social contributions

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

-
-
-
53 689
income
-
-
-
17 411
surtax
-
-
-
-
total
-
-
-
71 100
Employee
38 058
-
124 848
-
surtax
-
-
-
-
income
7 436
-
38 917
-
social contributions
4 187
-
13 733
-
total
11 623
-
52 650
-
Employer
38 058
-
124 848
-
social contributions
9 038
-
29 650
-
total
9 038
-
29 650
-
Corporate
107 404
154 500
-
-
surtax
-
-
-
-
income
22 555
32 445
-
-
total
22 555
32 445
-
-
Dividends
84 848
122 055
-
-
withholding
23 757
34 176
-
-
total
23 757
34 176
-
-
Income
154 500
154 500
154 500
154 500
Total tax
66 973
66 621
82 300
71 100
After tax
87 527
87 879
72 200
83 400
Living cost
26 436
26 436
26 436
26 436
Free-cash
61 091
61 443
45 764
56 964

Estimated living cost  is ₽26436 per week

₽18724
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1837
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽469
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5408
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽68742
₽48334
₽62029
₽52449
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
154 500
income
-
-
-
40 323
pensions
-
-
-
25 720
unemployment
-
-
-
636
other
-
-
-
91
accident
-
-
-
819
total
-
-
-
67 589
Employee
47 357
-
125 525
-
unemployment
733
-
1 409
-
income
9 891
-
36 957
-
pensions
2 226
-
4 272
-
other
47
-
91
-
total
12 897
-
42 729
-
Employer
47 357
-
125 525
-
unemployment
2 605
-
4 998
-
pensions
11 176
-
21 450
-
accident
938
-
1 799
-
other
380
-
728
-
total
15 099
-
28 975
-
Corporate
92 044
154 500
-
-
income

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

13 807
23 175
-
-
total
13 807
23 175
-
-
Dividends
78 236
131 325
-
-
withholding
16 206
28 121
-
-
total
16 206
28 121
-
-
Income
154 500
154 500
154 500
154 500
Total tax
58 009
51 296
71 704
67 589
After tax
96 491
103 204
82 796
86 911
Living cost
34 462
34 462
34 462
34 462
Free-cash
62 029
68 742
48 334
52 449

Estimated living cost  is ₽34462 per week

₽24749
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2680
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.
₽6548
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽115378
₽111419
₽109455
₽105540
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
154 500
health
-
-
-
3 904
income
-
-
-
23 175
pensions

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

-
-
-
5 025
unemployment
-
-
-
136
total
-
-
-
32 240
Employee
22 140
-
147 839
-
income
2 214
-
14 784
-
accident

We are using the highest rate at 1.1%.

243
-
373
-
pensions

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

1 944
-
2 981
-
health
1 019
-
1 562
-
total
5 420
-
19 700
-
Employer
22 140
-
147 839
-
unemployment
133
-
204
-
pensions

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

2 440
-
3 741
-
accident

We are using the highest rate at 1.1%.

243
-
373
-
health
1 528
-
2 343
-
total
4 344
-
6 661
-
Corporate
128 016
154 500
-
-
income
12 801
15 450
-
-
total
12 801
15 450
-
-
Dividends
115 215
139 050
-
-
withholding
5 760
6 952
-
-
total
5 760
6 952
-
-
Income
154 500
154 500
154 500
154 500
Total tax
28 325
22 402
26 361
32 240
After tax
126 175
132 098
128 139
122 260
Living cost
16 720
16 720
16 720
16 720
Free-cash
109 455
115 378
111 419
105 540

Estimated living cost  is ₽16720 per week

₽11059
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽957
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽399
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4306
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽41686
₽61691
₽54515
₽46062
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
154 500
health

Our model is based on the assumption that an owner of the company is either a director or registered self-employed, so all social security contributions are not mandatory.

However, you would need to purchase private health insurance. We took an average price of €3600 per annum per person.

-
-
-
6 699
income

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

-
-
-
45 737
trade
-
-
-
15 629
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.

-
-
-
2 516
total
-
-
-
70 581
Employee

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

48 790
-
154 500
-
surtax

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

221
-
2 516
-
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.

4 012
-
45 737
-
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.

6 699
-
6 699
-
total
10 932
-
54 952
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
105 710
154 500
-
-
trade
15 169
22 170
-
-
chamber of commerce
303
376
-
-
surtax

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

873
1 275
-
-
income
15 856
23 175
-
-
total
32 201
46 996
-
-
Dividends
73 508
107 505
-
-
withholding
18 005
26 504
-
-
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.

990
1 457
-
-
total
18 995
27 961
-
-
Income
154 500
154 500
154 500
154 500
Total tax
62 128
74 957
54 952
70 581
After tax
92 372
79 543
99 548
83 919
Living cost
37 857
37 857
37 857
37 857
Free-cash
54 515
41 686
61 691
46 062

Estimated living cost  is ₽37857 per week

₽26115
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4073
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽549
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7120
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽52292
₽27696
₽54457
₽27696
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
154 500
income
-
-
-
45 592
social contributions
-
-
-
25 354
total
-
-
-
70 946
Employee
76 703
-
154 500
-
social contributions
6 372
-
25 354
-
income
14 474
-
45 592
-
total
20 846
-
70 946
-
Employer
76 703
-
154 500
-
total
-
-
-
-
Corporate
77 797
154 500
-
-
income
9 725
19 312
-
-
total
9 725
19 312
-
-
Dividends
68 072
135 188
-
-
withholding
13 614
27 038
-
-
total
13 614
27 038
-
-
Income
154 500
154 500
154 500
154 500
Total tax
44 185
46 350
70 946
70 946
After tax
110 315
108 150
83 554
83 554
Living cost
55 858
55 858
55 858
55 858
Free-cash
54 457
52 292
27 696
27 696

Estimated living cost  is ₽55858 per week

₽42496
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4552
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽534
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8277
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽59648
₽75368
₽63076
₽84929
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
154 500
health

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

-
-
-
6 064
income
-
-
-
27 912
total
-
-
-
33 976
Employee
44 983
-
149 989
-
social contributions
4 507
-
4 511
-
income
4 881
-
34 515
-
total
9 388
-
39 026
-
Employer
44 983
-
149 989
-
social contributions
4 507
-
4 511
-
total
4 507
-
4 511
-
Corporate
105 010
154 500
-
-
income
36 753
54 076
-
-
total
36 753
54 076
-
-
Dividends
68 257
100 424
-
-
social contributions
5 181
5 181
-
-
total
5 181
5 181
-
-
Income
154 500
154 500
154 500
154 500
Total tax
55 829
59 257
43 537
33 976
After tax
98 671
95 243
110 963
120 524
Living cost
35 595
35 595
35 595
35 595
Free-cash
63 076
59 648
75 368
84 929

Estimated living cost  is ₽35595 per week

₽23446
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2806
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽545
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8796
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽66710
₽53361
₽72506
₽67443
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
154 500
income
-
-
-
42 255
pensions
-
-
-
8 448
total
-
-
-
50 703
Employee
49 901
-
135 131
-
income
9 087
-
32 866
-
pensions
3 809
-
10 521
-
health
651
-
2 029
-
total
13 547
-
45 416
-
Employer
49 901
-
135 131
-
pensions
5 042
-
16 802
-
health
948
-
2 567
-
total
5 990
-
19 369
-
Corporate
98 609
154 500
-
-
income

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

18 735
29 355
-
-
total
18 735
29 355
-
-
Dividends
79 874
125 145
-
-
withholding
7 368
22 081
-
-
total
7 368
22 081
-
-
Income
154 500
154 500
154 500
154 500
Total tax
45 640
51 436
64 785
50 703
After tax
108 860
103 064
89 715
103 797
Living cost
36 354
36 354
36 354
36 354
Free-cash
72 506
66 710
53 361
67 443

Estimated living cost  is ₽36354 per week

₽24938
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3343
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽455
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7615
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details

Additional information

The only visa which will gain you entry to the UK as a freelancer is Tier 1 (with an exception of EU nationals or long-term UK residence permit holders, up until Brexit). There are two Tier 1 visa pathways.

You can either apply for an Entrepreneur visa which requires an investment of at least £200000 and creating two full time jobs, or choose an Exceptional Talent visa, which has no financial requirements but is more difficult to obtain.

Source of data for Edinburgh model

Close
Warsaw , Poland
-₽10999
₽59726
₽8907
₽82173
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
154 500
health
-
-
-
2 153
income
-
-
-
41 939
pensions
-
-
-
4 107
other
-
-
-
366
accident
-
-
-
249
total
-
-
-
48 814
Employee
36 987
-
137 942
-
income
5 074
-
31 376
-
pensions
4 165
-
7 531
-
health
4 235
-
15 795
-
total
13 474
-
54 702
-
Employer
36 987
-
137 942
-
unemployment
906
-
3 380
-
pensions
6 014
-
10 875
-
accident
618
-
2 304
-
total
7 538
-
16 559
-
Corporate
109 975
154 500
-
-
income

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

98 978
139 050
-
-
total
98 978
139 050
-
-
Dividends
10 998
15 450
-
-
withholding
2 090
2 936
-
-
total
2 090
2 936
-
-
Income
154 500
154 500
154 500
154 500
Total tax
122 080
141 986
71 261
48 814
After tax
32 420
12 514
83 239
105 686
Living cost
23 513
23 513
23 513
23 513
Free-cash
8 907
-10 999
59 726
82 173

Estimated living cost  is ₽23513 per week

₽17256
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1370
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.
₽4413
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽116780
₽94527
₽112197
₽73580
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
154 500
work injury
-
-
-
773
income
-
-
-
25 200
health insurance
-
-
-
11 433
pensions
-
-
-
28 428
unemployment
-
-
-
1 854
total
-
-
-
67 688
Employee

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

21 171
-
154 500
-
unemployment
254
-
940
-
work injury
106
-
392
-
income
2 117
-
25 200
-
health insurance
1 567
-
5 796
-
pensions
3 895
-
14 413
-
total
7 939
-
46 741
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
133 329
154 500
-
-
income

Macedonia has a simplified tax regime. Before 3,000,000 MKD per annum you will be taxed at 0%, and before 6,000,000 MKD it is 1%.

1 333
1 545
-
-
total
1 333
1 545
-
-
Dividends
131 996
152 955
-
-
withholding
19 799
22 943
-
-
total
19 799
22 943
-
-
Income
154 500
154 500
154 500
154 500
Total tax
29 071
24 488
46 741
67 688
After tax
125 429
130 012
107 759
86 812
Living cost
13 232
13 232
13 232
13 232
Free-cash
112 197
116 780
94 527
73 580

Estimated living cost  is ₽13232 per week

₽8197
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽962
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽413
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3660
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽42314
₽27231
₽37855
₽34010
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
154 500
social contributions
-
-
-
39 738
national
-
-
-
37 135
regional
-
-
-
3 520
municipal
-
-
-
1 033
total
-
-
-
81 426
Employee
82 630
-
154 500
-
regional
1 248
-
3 120
-
national
13 964
-
32 066
-
municipal
493
-
921
-
social contributions
27 862
-
52 098
-
total
43 567
-
88 205
-
Employer
82 630
-
154 500
-
total
-
-
-
-
Corporate
71 870
154 500
-
-
nationa
17 248
37 081
-
-
municipal
3 465
7 447
-
-
total
20 713
44 528
-
-
Dividends
51 157
109 972
-
-
withholding
13 301
28 594
-
-
total
13 301
28 594
-
-
Income
154 500
154 500
154 500
154 500
Total tax
77 581
73 122
88 205
81 426
After tax
76 919
81 378
66 295
73 074
Living cost
39 064
39 064
39 064
39 064
Free-cash
37 855
42 314
27 231
34 010

Estimated living cost  is ₽39064 per week

₽27440
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2687
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽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.
₽8346
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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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