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
₽48935
₽70224
₽52905
₽59532
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
income

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

-
-
-
46 180
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.

-
-
-
2 539
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.

-
-
-
6 544
trade
-
-
-
17 319
total
-
-
-
72 582
Employee

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

36 637
-
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.

56
-
2 539
-
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.

1 023
-
46 180
-
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.

6 544
-
6 544
-
total
7 623
-
55 263
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
117 863
154 500
-
-
income
17 679
23 174
-
-
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.

972
1 274
-
-
chamber of commerce
314
367
-
-
trade
18 563
24 334
-
-
total
37 528
49 149
-
-
Dividends
80 334
105 350
-
-
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.

1 085
1 429
-
-
withholding
19 719
25 974
-
-
total
20 804
27 403
-
-
Income
154 500
154 500
154 500
154 500
Total tax
65 955
76 552
55 263
72 582
After tax
88 545
77 948
99 237
81 918
Living cost
29 013
29 013
29 013
29 013
Free-cash
59 532
48 935
70 224
52 905

Estimated living cost  is ₽29013 per week

₽18250
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3383
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽542
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6838
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽45220
₽41592
₽40380
₽44369
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
municipal
-
-
-
16 760
national
-
-
-
25 971
pensions
-
-
-
18 540
total
-
-
-
62 932
Employee
79 351
-
133 564
-
municipal
9 801
-
17 358
-
pensions
3 174
-
5 343
-
national
15 188
-
26 898
-
total
28 163
-
49 599
-
Employer
79 351
-
133 564
-
pensions
6 348
-
10 685
-
social contributions
853
-
1 436
-
total
7 201
-
12 121
-
Corporate
62 711
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%.

12 542
30 900
-
-
total
12 542
30 900
-
-
Dividends
50 169
123 600
-
-
withholding
11 037
27 192
-
-
total
11 037
27 192
-
-
Income
154 500
154 500
154 500
154 500
Total tax
58 943
58 092
61 720
62 932
After tax
95 557
96 408
92 780
91 568
Living cost
51 188
51 188
51 188
51 188
Free-cash
44 369
45 220
41 592
40 380

Estimated living cost  is ₽51188 per week

₽34792
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4758
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽766
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10872
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽103672
₽72881
₽32164
₽95815
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
income
-
-
-
26 310
surtax
-
-
-
39 398
social contributions

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

-
-
-
36 700
microenterprise
-
-
-
-
total
-
-
-
102 408
Employee
27 990
-
112 999
-
surtax
-
-
-
-
social contributions

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

3 079
-
12 430
-
income
4 982
-
22 040
-
total
8 061
-
34 470
-
Employer
27 990
-
112 999
-
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.

6 742
-
27 221
-
surtax
-
-
-
-
total
6 742
-
27 221
-
Corporate
119 768
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%.

23 954
30 900
-
-
total
23 954
30 900
-
-
Dividends

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

95 814
123 600
-
-
total
-
-
-
-
Income
154 500
154 500
154 500
154 500
Total tax
38 757
30 900
61 691
102 408
After tax
115 743
123 600
92 809
52 092
Living cost
19 928
19 928
19 928
19 928
Free-cash
95 815
103 672
72 881
32 164

Estimated living cost  is ₽19928 per week

₽12713
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1898
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.
₽4864
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽36152
₽54856
₽46159
₽30284
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
45 179
health
-
-
-
11 812
pensions
-
-
-
11 223
total
-
-
-
68 214
Employee
81 798
81 798
136 699
-
pensions
14 724
11 223
11 223
-
income

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

13 389
13 389
18 681
-
health
12 555
10 679
11 812
-
total
40 668
35 291
41 716
-
Employer
81 798
81 798
136 699
-
health
5 686
5 686
7 066
-
pensions
5 693
5 693
7 076
-
unemployment
2 945
2 945
3 659
-
total
14 324
14 324
17 801
-
Corporate
59 381
58 378
-
-
income
11 877
11 675
-
-
total
11 877
11 675
-
-
Dividends
47 504
46 702
-
-
income
10 094
9 925
-
-
withholding
7 126
7 006
-
-
total
17 220
16 931
-
-
Income
154 500
154 500
154 500
154 500
Total tax
84 089
78 221
59 517
68 214
After tax
70 411
76 279
94 983
86 286
Living cost
40 127
40 127
40 127
40 127
Free-cash
30 284
36 152
54 856
46 159

Estimated living cost  is ₽40127 per week

₽28437
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3617
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽638
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7435
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽45174
₽40341
₽41291
₽44295
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
accident
-
-
-
172
other
-
-
-
9 979
unemployment
-
-
-
86
health
-
-
-
5 359
municipal
-
-
-
38 653
national
-
-
-
10 494
pensions
-
-
-
9 283
total
-
-
-
74 026
Employee
55 833
-
127 518
-
municipal
16 649
-
38 026
-
national
-
-
9 968
-
total
16 649
-
47 994
-
Employer
55 833
-
127 518
-
health
3 434
-
5 281
-
pensions
6 035
-
9 283
-
accident
112
-
172
-
unemployment
1 474
-
2 267
-
other
6 488
-
9 979
-
total
17 543
-
26 982
-
Corporate
81 125
154 500
-
-
income
17 847
33 990
-
-
total
17 847
33 990
-
-
Dividends
63 277
120 510
-
-
withholding
18 983
36 153
-
-
total
18 983
36 153
-
-
Income
154 500
154 500
154 500
154 500
Total tax
71 022
70 143
74 976
74 026
After tax
83 478
84 357
79 524
80 474
Living cost
39 183
39 183
39 183
39 183
Free-cash
44 295
45 174
40 341
41 291

Estimated living cost  is ₽39183 per week

₽25969
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3845
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽595
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8774
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽39525
₽61608
₽43518
₽52982
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
income

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

-
-
-
46 180
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.

-
-
-
2 539
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.

-
-
-
6 544
trade
-
-
-
18 090
total
-
-
-
73 353
Employee

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

48 576
-
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.

229
-
2 539
-
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.

4 174
-
46 180
-
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.

6 544
-
6 544
-
total
10 947
-
55 263
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
105 924
154 500
-
-
income
15 889
23 174
-
-
surtax

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

874
1 274
-
-
chamber of commerce
296
365
-
-
trade
17 425
25 416
-
-
total
34 484
50 229
-
-
Dividends
71 440
104 270
-
-
surtax

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

962
1 414
-
-
withholding
17 496
25 703
-
-
total
18 458
27 117
-
-
Income
154 500
154 500
154 500
154 500
Total tax
63 889
77 346
55 263
73 353
After tax
90 611
77 154
99 237
81 147
Living cost
37 629
37 629
37 629
37 629
Free-cash
52 982
39 525
61 608
43 518

Estimated living cost  is ₽37629 per week

₽25167
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3968
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽562
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7933
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽81687
₽73847
₽75245
₽77713
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
28 749
social contributions
-
-
-
15 498
health
-
-
-
3 939
total
-
-
-
48 186
Employee
73 656
73 656
143 599
-
social contributions
3 579
6 113
8 245
-
income
7 734
6 818
27 997
-
health
733
1 252
2 441
-
total
12 046
14 183
38 683
-
Employer
73 656
73 656
143 599
-
health
798
1 363
2 656
-
social contributions
3 579
6 113
8 245
-
total
4 377
7 476
10 901
-
Corporate
107 008
73 368
-
-
income
13 377
9 171
-
-
total
13 377
9 171
-
-
Dividends
93 631
64 197
-
-
withholding
15 918
10 914
-
-
total
15 918
10 914
-
-
Income
154 500
154 500
154 500
154 500
Total tax
45 718
41 744
49 584
48 186
After tax
108 782
112 756
104 916
106 314
Living cost
31 069
31 069
31 069
31 069
Free-cash
77 713
81 687
73 847
75 245

Estimated living cost  is ₽31069 per week

₽21239
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2427
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽522
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6882
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽69231
₽71973
₽89437
₽69598
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
18 888
unemployment
-
-
-
2 318
health
-
-
-
10 815
pensions
-
-
-
15 450
total
-
-
-
47 471
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.

25 394
10 106
129 289
-
unemployment
381
152
1 939
-
pensions
2 539
1 011
12 929
-
income
3 104
1 236
15 806
-
health
1 778
707
9 050
-
total
7 802
3 106
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.

25 394
10 106
129 289
-
pensions
4 952
1 971
25 211
-
total
4 952
1 971
25 211
-
Corporate
124 154
142 423
-
-
income
11 174
12 818
-
-
total
11 174
12 818
-
-
Dividends
112 981
129 605
-
-
social contributions
21 916
25 157
-
-
withholding
21 466
24 625
-
-
total
43 382
49 782
-
-
Income
154 500
154 500
154 500
154 500
Total tax
67 310
67 677
64 935
47 471
After tax
87 190
86 823
89 565
107 029
Living cost
17 592
17 592
17 592
17 592
Free-cash
69 598
69 231
71 973
89 437

Estimated living cost  is ₽17592 per week

₽12005
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1439
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽351
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3796
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽100464
₽65916
₽59678
₽94513
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
20 702
health
-
-
-
20 084
pensions
-
-
-
30 900
total
-
-
-
71 686
Employee
27 173
-
115 471
-
unemployment
434
-
1 847
-
pensions
544
-
2 309
-
income
3 059
-
22 264
-
total
4 037
-
26 420
-
Employer
27 173
-
115 471
-
health
3 532
-
15 011
-
pensions
5 435
-
23 094
-
unemployment
218
-
923
-
total
9 185
-
39 028
-
Corporate
118 142
154 500
-
-
income
23 629
30 900
-
-
total
23 629
30 900
-
-
Dividends
94 513
123 600
-
-
total
-
-
-
-
Income
154 500
154 500
154 500
154 500
Total tax
36 851
30 900
65 448
71 686
After tax
117 649
123 600
89 052
82 814
Living cost
23 136
23 136
23 136
23 136
Free-cash
94 513
100 464
65 916
59 678

Estimated living cost  is ₽23136 per week

₽15869
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1378
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽465
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5424
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽8860
₽61962
₽84302
₽9236
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
accident
-
-
-
245
income
-
-
-
42 056
other
-
-
-
360
health
-
-
-
2 119
pensions
-
-
-
4 043
total
-
-
-
48 823
Employee
33 625
-
138 105
-
pensions
3 786
-
7 413
-
income
4 613
-
31 543
-
health
3 850
-
15 813
-
total
12 249
-
54 769
-
Employer
33 625
-
138 105
-
pensions
5 468
-
10 704
-
accident
561
-
2 306
-
unemployment
824
-
3 384
-
total
6 853
-
16 394
-
Corporate
114 023
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.

102 621
139 050
-
-
total
102 621
139 050
-
-
Dividends
11 402
15 450
-
-
withholding
2 166
2 935
-
-
total
2 166
2 935
-
-
Income
154 500
154 500
154 500
154 500
Total tax
123 889
141 985
71 163
48 823
After tax
30 611
12 515
83 337
105 677
Living cost
21 375
21 375
21 375
21 375
Free-cash
9 236
-8 860
61 962
84 302

Estimated living cost  is ₽21375 per week

₽15666
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1184
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽446
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4079
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽138930
₽115755
₽145110
₽137459
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
9 805
-
154 500
-
income
1 961
-
30 900
-
total
1 961
-
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%.

144 695
154 500
-
-
total
-
-
-
-
Dividends
144 695
154 500
-
-
withholding
7 235
7 725
-
-
total
7 235
7 725
-
-
Income
154 500
154 500
154 500
154 500
Total tax
9 196
7 725
30 900
1 545
After tax
145 304
146 775
123 600
152 955
Living cost
7 845
7 845
7 845
7 845
Free-cash
137 459
138 930
115 755
145 110

Estimated living cost  is ₽7845 per week

₽4861
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽652
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽216
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2115
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽87989
₽62382
₽58191
₽81519
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
22 500
other
-
-
-
6 918
health
-
-
-
6 409
pensions

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

-
-
-
34 959
total
-
-
-
70 786
Employee
34 779
-
123 402
-
unemployment
347
-
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.

2 434
-
8 638
-
income
5 988
-
23 898
-
health
487
-
1 727
-
total
9 256
-
35 497
-
Employer
34 779
-
123 402
-
health
487
-
1 727
-
pensions

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

5 913
-
20 979
-
accident
278
-
987
-
unemployment
347
-
1 234
-
other
1 740
-
6 171
-
total
8 765
-
31 098
-
Corporate
110 955
154 500
-
-
income
23 300
32 445
-
-
total
23 300
32 445
-
-
Dividends
87 656
122 055
-
-
withholding
6 137
8 543
-
-
total
6 137
8 543
-
-
Income
154 500
154 500
154 500
154 500
Total tax
47 458
40 988
66 595
70 786
After tax
107 042
113 512
87 905
83 714
Living cost
25 523
25 523
25 523
25 523
Free-cash
81 519
87 989
62 382
58 191

Estimated living cost  is ₽25523 per week

₽18034
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1723
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽411
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5355
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽38962
₽25803
₽39858
₽39142
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
42 784
pensions
-
-
-
8 294
total
-
-
-
51 078
Employee
89 933
-
135 084
-
pensions
8 676
-
10 294
-
income
16 211
-
33 413
-
health
1 482
-
2 010
-
total
26 369
-
45 717
-
Employer
89 933
-
135 084
-
health
1 708
-
2 566
-
pensions
10 618
-
16 850
-
total
12 326
-
19 416
-
Corporate
52 241
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.

9 926
29 354
-
-
total
9 926
29 354
-
-
Dividends
42 315
125 146
-
-
withholding
3 173
22 620
-
-
total
3 173
22 620
-
-
Income
154 500
154 500
154 500
154 500
Total tax
51 794
51 974
65 133
51 078
After tax
102 706
102 526
89 367
103 422
Living cost
63 564
63 564
63 564
63 564
Free-cash
39 142
38 962
25 803
39 858

Estimated living cost  is ₽63564 per week

₽47629
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽7468
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽517
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7950
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽119532
₽115725
₽109820
₽115079
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
23 175
unemployment
-
-
-
134
health
-
-
-
3 850
pensions

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

-
-
-
4 955
total
-
-
-
32 114
Employee
16 639
-
147 932
-
accident

We are using the highest rate at 1.1%.

183
-
368
-
pensions

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

1 461
-
2 940
-
income
1 664
-
14 793
-
health
765
-
1 540
-
total
4 073
-
19 641
-
Employer
16 639
-
147 932
-
health
1 148
-
2 310
-
pensions

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

1 834
-
3 689
-
accident

We are using the highest rate at 1.1%.

183
-
368
-
unemployment
100
-
201
-
total
3 265
-
6 568
-
Corporate
134 596
154 500
-
-
income
13 460
15 450
-
-
total
13 460
15 450
-
-
Dividends
121 136
139 050
-
-
withholding
6 057
6 952
-
-
total
6 057
6 952
-
-
Income
154 500
154 500
154 500
154 500
Total tax
26 855
22 402
26 209
32 114
After tax
127 645
132 098
128 291
122 386
Living cost
12 566
12 566
12 566
12 566
Free-cash
115 079
119 532
115 725
109 820

Estimated living cost  is ₽12566 per week

₽7336
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽897
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽333
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4000
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽23164
₽41868
₽33171
₽25576
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
45 179
health
-
-
-
11 812
pensions
-
-
-
11 223
total
-
-
-
68 214
Employee
88 807
81 798
136 699
-
pensions
11 223
11 223
11 223
-
income

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

13 389
13 389
18 681
-
health
11 079
10 679
11 812
-
total
35 691
35 291
41 716
-
Employer
88 807
81 798
136 699
-
health
6 171
5 686
7 066
-
pensions
6 180
5 693
7 076
-
unemployment
3 197
2 945
3 659
-
total
15 548
14 324
17 801
-
Corporate
50 144
58 378
-
-
income
10 028
11 675
-
-
total
10 028
11 675
-
-
Dividends
40 116
46 702
-
-
income
8 525
9 925
-
-
withholding
6 017
7 006
-
-
total
14 542
16 931
-
-
Income
154 500
154 500
154 500
154 500
Total tax
75 809
78 221
59 517
68 214
After tax
78 691
76 279
94 983
86 286
Living cost
53 115
53 115
53 115
53 115
Free-cash
25 576
23 164
41 868
33 171

Estimated living cost  is ₽53115 per week

₽39181
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4744
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽609
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8582
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽82550
₽54580
₽60636
₽74052
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
14 904
social contributions
-
-
-
34 280
solidarity contribution
-
-
-
-
health
-
-
-
20 857
total
-
-
-
70 041
Employee
35 034
-
115 298
-
solidarity contribution
-
-
-
-
social contributions
2 277
-
7 494
-
income
4 204
-
13 836
-
health
4 730
-
15 565
-
total
11 211
-
36 895
-
Employer
35 034
-
115 298
-
health
3 153
-
10 377
-
social contributions
8 758
-
28 825
-
total
11 911
-
39 202
-
Corporate
107 555
154 500
-
-
income
20 435
29 355
-
-
total
20 435
29 355
-
-
Dividends
87 119
125 145
-
-
withholding
13 068
18 772
-
-
total
13 068
18 772
-
-
Income
154 500
154 500
154 500
154 500
Total tax
56 625
48 127
76 097
70 041
After tax
97 875
106 373
78 403
84 459
Living cost
23 823
23 823
23 823
23 823
Free-cash
74 052
82 550
54 580
60 636

Estimated living cost  is ₽23823 per week

₽16548
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1695
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.
₽5112
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽42013
₽27271
₽34252
₽37012
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
regional
-
-
-
1 809
municipal
-
-
-
918
national
-
-
-
37 364
total
-
-
-
79 829
Employee
85 130
-
154 500
-
municipal
451
-
820
-
national
14 751
-
32 298
-
regional
803
-
1 595
-
social contributions
28 706
-
52 097
-
total
44 711
-
86 810
-
Employer
85 130
-
154 500
-
total
-
-
-
-
Corporate
69 370
154 500
-
-
municipal
2 705
6 026
-
-
nationa
16 649
37 080
-
-
total
19 354
43 106
-
-
Dividends
50 017
111 394
-
-
withholding
13 004
28 962
-
-
total
13 004
28 962
-
-
Income
154 500
154 500
154 500
154 500
Total tax
77 069
72 068
86 810
79 829
After tax
77 431
82 432
67 690
74 671
Living cost
40 419
40 419
40 419
40 419
Free-cash
37 012
42 013
27 271
34 252

Estimated living cost  is ₽40419 per week

₽28175
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2650
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽620
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8972
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽76044
₽46173
₽52165
₽73063
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
40 385
other
-
-
-
-
surtax
-
-
-
5 951
unemployment
-
-
-
218
health
-
-
-
9 076
pensions
-
-
-
25 568
total
-
-
-
81 198
Employee
31 676
-
127 632
-
other
-
-
-
-
unemployment
2 205
-
8 883
-
pensions
2 112
-
8 512
-
surtax
104
-
4 981
-
income
5 310
-
34 690
-
health
809
-
3 256
-
total
10 540
-
60 322
-
Employer
31 676
-
127 632
-
health
1 441
-
5 808
-
pensions
4 223
-
17 014
-
unemployment
1 003
-
4 046
-
other
-
-
-
-
total
6 667
-
26 868
-
Corporate
116 156
154 500
-
-
income
30 200
40 170
-
-
total
30 200
40 170
-
-
Dividends
85 956
114 330
-
-
withholding
12 893
17 149
-
-
total
12 893
17 149
-
-
Income
154 500
154 500
154 500
154 500
Total tax
60 300
57 319
87 190
81 198
After tax
94 200
97 181
67 310
73 302
Living cost
21 137
21 137
21 137
21 137
Free-cash
73 063
76 044
46 173
52 165

Estimated living cost  is ₽21137 per week

₽12924
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1950
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽487
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5775
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽59101
₽45942
₽59997
₽64856
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
42 784
pensions
-
-
-
8 294
total
-
-
-
51 078
Employee
60 271
-
135 084
-
pensions
5 116
-
10 294
-
income
10 855
-
33 413
-
health
875
-
2 010
-
total
16 846
-
45 717
-
Employer
60 271
-
135 084
-
health
1 145
-
2 566
-
pensions
6 524
-
16 850
-
total
7 669
-
19 416
-
Corporate
86 560
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.

16 446
29 354
-
-
total
16 446
29 354
-
-
Dividends
70 114
125 146
-
-
withholding
5 258
22 620
-
-
total
5 258
22 620
-
-
Income
154 500
154 500
154 500
154 500
Total tax
46 219
51 974
65 133
51 078
After tax
108 281
102 526
89 367
103 422
Living cost
43 425
43 425
43 425
43 425
Free-cash
64 856
59 101
45 942
59 997

Estimated living cost  is ₽43425 per week

₽32534
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3255
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽454
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7182
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽5832
₽42173
₽49680
₽26891
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
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.

-
-
-
3 090
regional
-
-
-
7 070
health
-
-
-
348
city
-
-
-
1 628
national
-
-
-
1 988
pensions
-
-
-
14 214
total
-
-
-
28 338
Employee
89 503
-
138 286
-
unemployment
-
-
-
-
pensions
7 519
-
11 617
-
national
424
-
1 631
-
regional
2 931
-
6 109
-
city
961
-
1 485
-
health
202
-
310
-
total
12 037
-
21 152
-
Employer
89 503
-
138 286
-
health
202
-
310
-
pensions
7 519
-
11 617
-
unemployment
-
-
-
-
other

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

1 790
-
2 766
-
total
9 511
-
14 693
-
Corporate
54 501
154 500
-
-
regional
11 527
32 677
-
-
national
4 632
13 132
-
-
total
16 159
45 809
-
-
Dividends
38 343
108 692
-
-
withholding
13 420
38 041
-
-
total
13 420
38 041
-
-
Income
154 500
154 500
154 500
154 500
Total tax
51 127
83 850
35 845
28 338
After tax
103 373
70 650
118 655
126 162
Living cost
76 482
76 482
76 482
76 482
Free-cash
26 891
-5 832
42 173
49 680

Estimated living cost  is ₽76482 per week

₽49735
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽6863
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽939
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽18944
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽32476
₽55356
₽36497
₽48010
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
income

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

-
-
-
46 180
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.

-
-
-
2 539
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.

-
-
-
6 544
trade
-
-
-
18 859
total
-
-
-
74 122
Employee

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

57 566
-
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.

373
-
2 539
-
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.

6 769
-
46 180
-
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.

6 544
-
6 544
-
total
13 686
-
55 263
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
96 934
154 500
-
-
income
14 540
23 174
-
-
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.

800
1 274
-
-
chamber of commerce
282
364
-
-
trade
16 623
26 497
-
-
total
32 245
51 309
-
-
Dividends
64 689
103 191
-
-
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.

869
1 400
-
-
withholding
15 809
25 434
-
-
total
16 678
26 834
-
-
Income
154 500
154 500
154 500
154 500
Total tax
62 609
78 143
55 263
74 122
After tax
91 891
76 357
99 237
80 378
Living cost
43 881
43 881
43 881
43 881
Free-cash
48 010
32 476
55 356
36 497

Estimated living cost  is ₽43881 per week

₽32049
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3510
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.
₽7753
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽45096
₽53715
₽54524
₽50752
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
23 019
other
-
-
-
4 790
surtax
-
-
-
-
social contributions
-
-
-
4 403
health
-
-
-
6 088
pensions
-
-
-
28 904
total
-
-
-
67 204
Employee
40 995
-
120 512
-
pensions
4 635
-
7 989
-
surtax
-
-
-
-
social contributions
1 169
-
3 434
-
income
2 419
-
22 601
-
total
8 223
-
34 024
-
Employer
40 995
-
120 512
-
health
2 870
-
10 689
-
pensions
6 735
-
13 523
-
unemployment
1 660
-
4 881
-
social contributions
124
-
362
-
other
1 414
-
4 534
-
total
12 803
-
33 989
-
Corporate
100 702
154 500
-
-
income
28 197
43 260
-
-
surtax
-
-
-
-
total
28 197
43 260
-
-
Dividends
72 505
111 240
-
-
surtax
-
-
-
-
social contributions
12 472
19 134
-
-
withholding
9 281
14 238
-
-
total
21 753
33 372
-
-
Income
154 500
154 500
154 500
154 500
Total tax
70 976
76 632
68 013
67 204
After tax
83 524
77 868
86 487
87 296
Living cost
32 772
32 772
32 772
32 772
Free-cash
50 752
45 096
53 715
54 524

Estimated living cost  is ₽32772 per week

₽20664
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2665
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.
₽8887
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽48343
₽56962
₽57771
₽53666
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
23 019
other
-
-
-
4 790
surtax
-
-
-
-
social contributions
-
-
-
4 403
health
-
-
-
6 088
pensions
-
-
-
28 904
total
-
-
-
67 204
Employee
36 594
-
120 512
-
pensions
4 139
-
7 989
-
surtax
-
-
-
-
social contributions
1 043
-
3 434
-
income
1 887
-
22 601
-
total
7 069
-
34 024
-
Employer
36 594
-
120 512
-
health
2 561
-
10 689
-
pensions
6 013
-
13 523
-
unemployment
1 481
-
4 881
-
social contributions
109
-
362
-
other
1 263
-
4 534
-
total
11 427
-
33 989
-
Corporate
106 478
154 500
-
-
income
29 815
43 260
-
-
surtax
-
-
-
-
total
29 815
43 260
-
-
Dividends
76 663
111 240
-
-
surtax
-
-
-
-
social contributions
13 186
19 134
-
-
withholding
9 812
14 238
-
-
total
22 998
33 372
-
-
Income
154 500
154 500
154 500
154 500
Total tax
71 309
76 632
68 013
67 204
After tax
83 191
77 868
86 487
87 296
Living cost
29 525
29 525
29 525
29 525
Free-cash
53 666
48 343
56 962
57 771

Estimated living cost  is ₽29525 per week

₽17123
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2999
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.
₽8843
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽73947
₽76141
₽78910
₽74444
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
23 174
social contributions
-
-
-
21 320
health
-
-
-
10 785
total
-
-
-
55 279
Employee
32 478
-
154 500
-
social contributions
4 483
-
21 320
-
income
5 417
-
25 943
-
health
2 267
-
10 785
-
total
12 167
-
58 048
-
Employer
32 478
-
154 500
-
total
-
-
-
-
Corporate
122 022
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%.

6 100
7 725
-
-
total
6 100
7 725
-
-
Dividends
115 922
146 775
-
-
social contributions
15 998
20 255
-
-
withholding
17 389
22 017
-
-
health
8 091
10 245
-
-
total
41 478
52 517
-
-
Income
154 500
154 500
154 500
154 500
Total tax
59 745
60 242
58 048
55 279
After tax
94 755
94 258
96 452
99 221
Living cost
20 311
20 311
20 311
20 311
Free-cash
74 444
73 947
76 141
78 910

Estimated living cost  is ₽20311 per week

₽13593
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1252
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽467
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4997
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽51869
₽6921
₽45506
₽50386
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
39 298
surtax
-
-
-
189
unemployment
-
-
-
5 875
chamber of commerce
-
-
-
618
health
-
-
-
8 560
pensions
-
-
-
20 702
total
-
-
-
75 242
Employee
47 870
38 173
121 412
-
other
478
382
1 120
-
unemployment
1 436
1 145
3 357
-
pensions
4 902
3 908
11 459
-
income
5 450
2 816
31 029
-
health
1 852
1 478
4 330
-
total
14 118
9 729
51 295
-
Employer
47 870
38 173
121 412
-
chamber of commerce
191
153
485
-
health
1 809
1 443
4 230
-
pensions
6 008
4 792
14 044
-
accident
622
496
1 454
-
unemployment
1 436
1 145
3 357
-
surtax
189
189
189
-
payroll
1 436
1 145
3 643
-
other
2 274
1 812
5 686
-
total
13 965
11 175
33 088
-
Corporate
92 666
105 152
117 776
-
income

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

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

23 167
26 288
29 444
-
total
23 167
26 288
29 444
-
Dividends
69 499
78 864
-
-
withholding
19 112
21 687
-
-
total
19 112
21 687
-
-
Income
154 500
154 500
154 500
154 500
Total tax
70 362
68 879
113 827
75 242
After tax
84 138
85 621
40 673
79 258
Living cost
33 752
33 752
33 752
33 752
Free-cash
50 386
51 869
6 921
45 506

Estimated living cost  is ₽33752 per week

₽22511
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2879
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽554
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7807
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽51511
₽20263
₽31966
₽37143
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
7 836
social contributions
-
-
-
23 881
national
-
-
-
55 892
total
-
-
-
87 609
Employee

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

68 517
-
119 665
-
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.

596
-
1 042
-
communal

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

3 574
-
6 242
-
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.

5 139
-
8 974
-
national
21 065
-
42 595
-
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.

3 219
-
5 624
-
total
33 593
-
64 477
-
Employer

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

68 517
-
119 665
-
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.

4 214
-
7 360
-
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.

6 071
-
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.

891
-
1 554
-
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.

1 000
-
1 747
-
surtax
7 769
-
13 571
-
total
19 945
-
34 835
-
Corporate
66 039
154 500
-
-
income
13 208
30 900
-
-
surtax
264
618
-
-
total
13 472
31 518
-
-
Dividends
52 567
122 982
-
-
withholding

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

15 422
36 546
-
-
total
15 422
36 546
-
-
Income
154 500
154 500
154 500
154 500
Total tax
82 432
68 064
99 312
87 609
After tax
72 068
86 436
55 188
66 891
Living cost
34 925
34 925
34 925
34 925
Free-cash
37 143
51 511
20 263
31 966

Estimated living cost  is ₽34925 per week

₽22496
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3054
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽547
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8829
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽68563
₽48252
₽52271
₽61741
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
accident
-
-
-
800
income
-
-
-
41 000
other
-
-
-
89
unemployment
-
-
-
622
pensions
-
-
-
25 125
total
-
-
-
67 636
Employee
47 681
-
126 196
-
other
47
-
89
-
unemployment
740
-
1 376
-
pensions
2 241
-
4 174
-
income
10 060
-
37 712
-
total
13 088
-
43 351
-
Employer
47 681
-
126 196
-
pensions
11 252
-
20 953
-
accident
943
-
1 758
-
unemployment
2 623
-
4 882
-
other
380
-
711
-
total
15 198
-
28 304
-
Corporate
91 621
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.

13 744
23 174
-
-
total
13 744
23 174
-
-
Dividends
77 877
131 326
-
-
withholding
16 136
28 170
-
-
total
16 136
28 170
-
-
Income
154 500
154 500
154 500
154 500
Total tax
58 166
51 344
71 655
67 636
After tax
96 334
103 156
82 845
86 864
Living cost
34 593
34 593
34 593
34 593
Free-cash
61 741
68 563
48 252
52 271

Estimated living cost  is ₽34593 per week

₽25474
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2454
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽498
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6166
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽39180
₽32082
₽25922
₽27613
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
9 765
accident
-
-
-
1 303
income
-
-
-
23 781
surtax
-
-
-
7 660
health
-
-
-
10 856
pensions
-
-
-
23 158
total
-
-
-
76 523
Employee
72 539
-
138 008
-
pensions
5 802
-
11 041
-
surtax
4 446
-
8 458
-
income
7 007
-
28 229
-
health
3 228
-
6 142
-
total
20 483
-
53 870
-
Employer
72 539
-
138 008
-
health
2 212
-
4 210
-
pensions
5 802
-
11 041
-
accident
653
-
1 242
-
total
8 667
-
16 493
-
Corporate
73 294
154 500
-
-
communal
4 948
10 428
-
-
income
10 994
23 174
-
-
surtax
769
1 621
-
-
total
16 711
35 223
-
-
Dividends
56 584
119 276
-
-
income
20 484
10 150
-
-
withholding
8 487
17 892
-
-
total
28 971
28 042
-
-
Income
154 500
154 500
154 500
154 500
Total tax
74 832
63 265
70 363
76 523
After tax
79 668
91 235
84 137
77 977
Living cost
52 055
52 055
52 055
52 055
Free-cash
27 613
39 180
32 082
25 922

Estimated living cost  is ₽52055 per week

₽39049
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3154
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽551
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9300
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽75666
₽45795
₽51787
₽72620
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
40 385
other
-
-
-
-
surtax
-
-
-
5 951
unemployment
-
-
-
218
health
-
-
-
9 076
pensions
-
-
-
25 568
total
-
-
-
81 198
Employee
32 258
-
127 632
-
other
-
-
-
-
unemployment
2 245
-
8 883
-
pensions
2 152
-
8 512
-
surtax
115
-
4 981
-
income
5 408
-
34 690
-
health
823
-
3 256
-
total
10 743
-
60 322
-
Employer
32 258
-
127 632
-
health
1 467
-
5 808
-
pensions
4 301
-
17 014
-
unemployment
1 023
-
4 046
-
other
-
-
-
-
total
6 791
-
26 868
-
Corporate
115 451
154 500
-
-
income
30 016
40 170
-
-
total
30 016
40 170
-
-
Dividends
85 435
114 330
-
-
withholding
12 815
17 149
-
-
total
12 815
17 149
-
-
Income
154 500
154 500
154 500
154 500
Total tax
60 365
57 319
87 190
81 198
After tax
94 135
97 181
67 310
73 302
Living cost
21 515
21 515
21 515
21 515
Free-cash
72 620
75 666
45 795
51 787

Estimated living cost  is ₽21515 per week

₽12990
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1870
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽500
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6157
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽55406
₽41403
₽48348
₽53280
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
regional
-
-
-
2 329
municipal
-
-
-
918
national
-
-
-
37 364
total
-
-
-
80 349
Employee
53 135
-
154 500
-
municipal
282
-
820
-
national
8 418
-
32 298
-
regional
715
-
2 079
-
social contributions
17 917
-
52 097
-
total
27 332
-
87 294
-
Employer
53 135
-
154 500
-
total
-
-
-
-
Corporate
101 365
154 500
-
-
municipal
5 037
7 678
-
-
nationa
24 327
37 080
-
-
total
29 364
44 758
-
-
Dividends
72 002
109 742
-
-
withholding
18 721
28 533
-
-
total
18 721
28 533
-
-
Income
154 500
154 500
154 500
154 500
Total tax
75 417
73 291
87 294
80 349
After tax
79 083
81 209
67 206
74 151
Living cost
25 803
25 803
25 803
25 803
Free-cash
53 280
55 406
41 403
48 348

Estimated living cost  is ₽25803 per week

₽16047
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2614
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽442
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6700
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽77017
₽49047
₽55103
₽66545
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
14 904
social contributions
-
-
-
34 280
solidarity contribution
-
-
-
-
health
-
-
-
20 857
total
-
-
-
70 041
Employee
43 171
-
115 298
-
solidarity contribution
-
-
-
-
social contributions
2 806
-
7 494
-
income
5 180
-
13 836
-
health
5 828
-
15 565
-
total
13 814
-
36 895
-
Employer
43 171
-
115 298
-
health
3 885
-
10 377
-
social contributions
10 793
-
28 825
-
total
14 678
-
39 202
-
Corporate
96 651
154 500
-
-
income
18 364
29 355
-
-
total
18 364
29 355
-
-
Dividends
78 287
125 145
-
-
withholding
11 743
18 772
-
-
total
11 743
18 772
-
-
Income
154 500
154 500
154 500
154 500
Total tax
58 599
48 127
76 097
70 041
After tax
95 901
106 373
78 403
84 459
Living cost
29 356
29 356
29 356
29 356
Free-cash
66 545
77 017
49 047
55 103

Estimated living cost  is ₽29356 per week

₽21831
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1626
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽508
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5391
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽55164
₽10171
₽48887
₽54689
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
39 298
surtax
-
-
-
-
unemployment
-
-
-
5 875
chamber of commerce
-
-
-
618
health
-
-
-
8 560
pensions
-
-
-
20 702
total
-
-
-
75 053
Employee
41 871
38 173
121 586
-
other
418
382
1 120
-
unemployment
1 256
1 145
3 357
-
pensions
4 288
3 908
11 459
-
income
3 730
2 816
31 103
-
health
1 620
1 478
4 330
-
total
11 312
9 729
51 369
-
Employer
41 871
38 173
121 586
-
chamber of commerce
167
153
487
-
health
1 583
1 443
4 230
-
pensions
5 255
4 792
14 044
-
accident
544
496
1 454
-
unemployment
1 256
1 145
3 357
-
surtax
-
-
-
-
payroll
1 256
1 145
3 648
-
other
1 989
1 812
5 693
-
total
12 050
10 986
32 913
-
Corporate
100 579
105 341
117 951
-
income

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

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

25 145
26 335
29 487
-
total
25 145
26 335
29 487
-
Dividends
75 434
79 005
-
-
withholding
20 744
21 726
-
-
total
20 744
21 726
-
-
Income
154 500
154 500
154 500
154 500
Total tax
69 251
68 776
113 769
75 053
After tax
85 249
85 724
40 731
79 447
Living cost
30 560
30 560
30 560
30 560
Free-cash
54 689
55 164
10 171
48 887

Estimated living cost  is ₽30560 per week

₽18332
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3121
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.
₽8562
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽134551
₽111376
₽140731
₽132259
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
15 281
-
154 500
-
income
3 056
-
30 900
-
total
3 056
-
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%.

139 219
154 500
-
-
total
-
-
-
-
Dividends
139 219
154 500
-
-
withholding
6 961
7 725
-
-
total
6 961
7 725
-
-
Income
154 500
154 500
154 500
154 500
Total tax
10 017
7 725
30 900
1 545
After tax
144 483
146 775
123 600
152 955
Living cost
12 224
12 224
12 224
12 224
Free-cash
132 259
134 551
111 376
140 731

Estimated living cost  is ₽12224 per week

₽8272
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽513
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽410
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3029
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽80681
₽46398
₽50489
₽72671
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
income
-
-
-
34 671
unemployment
-
-
-
231
health
-
-
-
15 202
pensions
-
-
-
28 215
total
-
-
-
78 319
Employee

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

42 357
-
133 683
-
unemployment
60
-
187
-
pensions
6 566
-
20 720
-
income
7 304
-
32 052
-
health
2 736
-
8 636
-
total
16 666
-
61 595
-
Employer

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

42 357
-
133 683
-
health
2 821
-
8 903
-
pensions
3 748
-
11 832
-
unemployment
25
-
80
-
total
6 594
-
20 815
-
Corporate
105 548
154 500
-
-
income
20 053
29 355
-
-
total
20 053
29 355
-
-
Dividends
85 495
125 145
-
-
withholding
12 824
18 772
-
-
total
12 824
18 772
-
-
Income
154 500
154 500
154 500
154 500
Total tax
56 137
48 127
82 410
78 319
After tax
98 363
106 373
72 090
76 181
Living cost
25 692
25 692
25 692
25 692
Free-cash
72 671
80 681
46 398
50 489

Estimated living cost  is ₽25692 per week

₽17632
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1647
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽498
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5917
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽52569
₽100440
₽65343
₽6898
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
30 115
social contributions
-
-
-
17 613
total
-
-
-
47 728
Employee
59 404
-
-
-
social contributions
4 871
-
694
-
income
13 103
-
-
-
total
17 974
-
694
-
Employer
59 404
-
-
-
social contributions
83 759
-
11 937
-
total
83 759
-
11 937
-
Corporate
11 338
154 500
-
-
income
2 494
33 990
-
-
total
2 494
33 990
-
-
Dividends
8 843
120 510
-
-
income
1 946
26 512
-
-
total
1 946
26 512
-
-
Income
154 500
154 500
154 500
154 500
Total tax
106 173
60 502
12 631
47 728
After tax
48 327
93 998
141 869
106 772
Living cost
41 429
41 429
41 429
41 429
Free-cash
6 898
52 569
100 440
65 343

Estimated living cost  is ₽41429 per week

₽26881
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3896
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽528
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10124
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽57835
₽41896
₽53225
₽56869
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
income
-
-
-
17 541
surtax
-
-
-
-
social contributions

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

-
-
-
53 689
total
-
-
-
71 230
Employee
44 055
-
124 849
-
surtax
-
-
-
-
social contributions
4 846
-
13 733
-
income
9 164
-
39 175
-
total
14 010
-
52 908
-
Employer
44 055
-
124 849
-
social contributions
10 463
-
29 651
-
total
10 463
-
29 651
-
Corporate
99 982
154 500
-
-
income
20 997
32 445
-
-
surtax
-
-
-
-
total
20 997
32 445
-
-
Dividends
78 986
122 055
-
-
withholding
22 116
34 175
-
-
total
22 116
34 175
-
-
Income
154 500
154 500
154 500
154 500
Total tax
67 586
66 620
82 559
71 230
After tax
86 914
87 880
71 941
83 270
Living cost
30 045
30 045
30 045
30 045
Free-cash
56 869
57 835
41 896
53 225

Estimated living cost  is ₽30045 per week

₽22480
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1772
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.
₽5291
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽31604
₽40223
₽41032
₽38187
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
23 019
other
-
-
-
4 790
surtax
-
-
-
-
social contributions
-
-
-
4 403
health
-
-
-
6 088
pensions
-
-
-
28 904
total
-
-
-
67 204
Employee
59 993
-
120 512
-
pensions
6 786
-
7 989
-
surtax
-
-
-
-
social contributions
1 709
-
3 434
-
income
5 235
-
22 601
-
total
13 730
-
34 024
-
Employer
59 993
-
120 512
-
health
4 199
-
10 689
-
pensions
9 858
-
13 523
-
unemployment
2 430
-
4 881
-
social contributions
180
-
362
-
other
2 070
-
4 534
-
total
18 737
-
33 989
-
Corporate
75 769
154 500
-
-
income
21 215
43 260
-
-
surtax
-
-
-
-
total
21 215
43 260
-
-
Dividends
54 554
111 240
-
-
surtax
-
-
-
-
social contributions
9 383
19 134
-
-
withholding
6 984
14 238
-
-
total
16 367
33 372
-
-
Income
154 500
154 500
154 500
154 500
Total tax
70 049
76 632
68 013
67 204
After tax
84 451
77 868
86 487
87 296
Living cost
46 264
46 264
46 264
46 264
Free-cash
38 187
31 604
40 223
41 032

Estimated living cost  is ₽46264 per week

₽31311
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3785
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽634
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10534
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽110256
₽89587
₽85482
₽107040
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
6 235
social contributions
-
-
-
33 990
total
-
-
-
40 225
Employee
30 795
-
133 767
-
income
-
-
6 691
-
social contributions
2 001
-
8 696
-
total
2 001
-
15 387
-
Employer
30 795
-
133 767
-
social contributions
4 773
-
20 733
-
total
4 773
-
20 733
-
Corporate
118 932
154 500
-
-
income
11 893
15 451
-
-
total
11 893
15 451
-
-
Dividends
107 039
139 049
-
-
total
-
-
-
-
Income
154 500
154 500
154 500
154 500
Total tax
18 667
15 451
36 120
40 225
After tax
135 833
139 049
118 380
114 275
Living cost
28 793
28 793
28 793
28 793
Free-cash
107 040
110 256
89 587
85 482

Estimated living cost  is ₽28793 per week

₽18617
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2170
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽542
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7464
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽53869
-₽53869
₽45869
-₽53869
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
12 294
municipal
-
-
-
31 769
national
-
-
-
17 681
pensions
-
-
-
829
total
-
-
-
62 573
Employee
194 401
194 401
194 401
-
municipal
41 397
41 397
41 397
-
labour market
15 530
15 530
15 530
-
pensions
276
276
276
-
national
23 750
23 750
23 750
-
total
80 953
80 953
80 953
-
Employer
194 401
194 401
194 401
-
national
23 791
23 791
23 791
-
labour market
15 552
15 552
15 552
-
pensions
553
553
553
-
municipal
41 462
41 462
41 462
-
total
81 358
81 358
81 358
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
154 500
154 500
154 500
154 500
Total tax
162 311
162 311
162 311
62 573
After tax
-7 811
-7 811
-7 811
91 927
Living cost
46 058
46 058
46 058
46 058
Free-cash
-53 869
-53 869
-53 869
45 869

Estimated living cost  is ₽46058 per week

₽31523
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4074
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽708
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9753
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽8545
₽62277
₽84617
₽9283
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
accident
-
-
-
245
income
-
-
-
42 056
other
-
-
-
360
health
-
-
-
2 119
pensions
-
-
-
4 043
total
-
-
-
48 823
Employee
33 129
-
138 105
-
pensions
3 731
-
7 413
-
income
4 545
-
31 543
-
health
3 793
-
15 813
-
total
12 069
-
54 769
-
Employer
33 129
-
138 105
-
pensions
5 387
-
10 704
-
accident
553
-
2 306
-
unemployment
812
-
3 384
-
total
6 752
-
16 394
-
Corporate
114 619
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.

103 158
139 050
-
-
total
103 158
139 050
-
-
Dividends
11 462
15 450
-
-
withholding
2 178
2 935
-
-
total
2 178
2 935
-
-
Income
154 500
154 500
154 500
154 500
Total tax
124 157
141 985
71 163
48 823
After tax
30 343
12 515
83 337
105 677
Living cost
21 060
21 060
21 060
21 060
Free-cash
9 283
-8 545
62 277
84 617

Estimated living cost  is ₽21060 per week

₽15329
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1201
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽395
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4135
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽60921
₽45176
₽64943
₽62990
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
1 980
municipal
-
-
-
27 453
national
-
-
-
23 349
total
-
-
-
52 782
Employee
50 396
-
129 971
-
municipal
8 254
-
21 177
-
unemployment
756
-
1 950
-
pensions
3 401
-
8 772
-
national
833
-
14 520
-
health
376
-
1 601
-
total
13 620
-
48 020
-
Employer
50 396
-
129 971
-
health
387
-
1 002
-
pensions
8 743
-
22 551
-
accident
51
-
131
-
unemployment
327
-
845
-
total
9 508
-
24 529
-
Corporate
94 596
154 500
-
-
income
18 919
30 900
-
-
total
18 919
30 900
-
-
Dividends

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

56 757
92 700
-
-
municipal
10 216
16 687
-
-
national
2 472
9 217
-
-
total
12 688
25 904
-
-
Income
154 500
154 500
154 500
154 500
Total tax
54 735
56 804
72 549
52 782
After tax
99 765
97 696
81 951
101 718
Living cost
36 775
36 775
36 775
36 775
Free-cash
62 990
60 921
45 176
64 943

Estimated living cost  is ₽36775 per week

₽24021
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3537
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽585
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8632
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽90579
₽82739
₽84137
₽85364
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
28 749
social contributions
-
-
-
15 498
health
-
-
-
3 939
total
-
-
-
48 186
Employee
73 656
73 656
143 599
-
social contributions
2 785
6 113
8 245
-
income
8 020
6 818
27 997
-
health
571
1 252
2 441
-
total
11 376
14 183
38 683
-
Employer
73 656
73 656
143 599
-
health
620
1 363
2 656
-
social contributions
2 785
6 113
8 245
-
total
3 405
7 476
10 901
-
Corporate
117 543
73 368
-
-
income
14 693
9 171
-
-
total
14 693
9 171
-
-
Dividends
102 850
64 197
-
-
withholding
17 485
10 914
-
-
total
17 485
10 914
-
-
Income
154 500
154 500
154 500
154 500
Total tax
46 959
41 744
49 584
48 186
After tax
107 541
112 756
104 916
106 314
Living cost
22 177
22 177
22 177
22 177
Free-cash
85 364
90 579
82 739
84 137

Estimated living cost  is ₽22177 per week

₽13291
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2176
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽491
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6220
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽112733
₽94891
₽114104
₽107860
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
income
-
-
-
15 602
unemployment
-
-
-
27
health
-
-
-
3 466
pensions
-
-
-
6 093
total
-
-
-
25 188
Employee

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

21 986
-
145 139
-
unemployment
109
-
454
-
pensions
3 297
-
13 633
-
income
1 503
-
13 228
-
health
1 869
-
7 725
-
total
6 778
-
35 040
-
Employer

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

21 986
-
145 139
-
health
945
-
3 908
-
pensions
1 209
-
4 999
-
unemployment
109
-
454
-
total
2 263
-
9 361
-
Corporate
130 250
154 500
-
-
income
11 723
13 906
-
-
total
11 723
13 906
-
-
Dividends
118 528
140 594
-
-
withholding
10 668
12 653
-
-
total
10 668
12 653
-
-
Income
154 500
154 500
154 500
154 500
Total tax
31 432
26 559
44 401
25 188
After tax
123 068
127 941
110 099
129 312
Living cost
15 208
15 208
15 208
15 208
Free-cash
107 860
112 733
94 891
114 104

Estimated living cost  is ₽15208 per week

₽9703
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1096
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.
₽3955
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽76816
₽56505
₽60524
₽72584
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
accident
-
-
-
800
income
-
-
-
41 000
other
-
-
-
89
unemployment
-
-
-
622
pensions
-
-
-
25 125
total
-
-
-
67 636
Employee
35 418
-
126 196
-
other
35
-
89
-
unemployment
549
-
1 376
-
pensions
1 665
-
4 174
-
income
6 828
-
37 712
-
total
9 077
-
43 351
-
Employer
35 418
-
126 196
-
pensions
8 358
-
20 953
-
accident
702
-
1 758
-
unemployment
1 949
-
4 882
-
other
284
-
711
-
total
11 293
-
28 304
-
Corporate
107 790
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.

16 169
23 174
-
-
total
16 169
23 174
-
-
Dividends
91 621
131 326
-
-
withholding
19 037
28 170
-
-
total
19 037
28 170
-
-
Income
154 500
154 500
154 500
154 500
Total tax
55 576
51 344
71 655
67 636
After tax
98 924
103 156
82 845
86 864
Living cost
26 340
26 340
26 340
26 340
Free-cash
72 584
76 816
56 505
60 524

Estimated living cost  is ₽26340 per week

₽17779
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2532
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽462
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5568
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽94546
₽97337
₽97470
₽94240
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
52 826
health
-
-
-
984
pensions
-
-
-
1 358
total
-
-
-
55 168
Employee
2 835
-
152 972
-
unemployment
28
-
68
-
pensions
255
-
611
-
income
549
-
52 755
-
health
142
-
339
-
total
974
-
53 773
-
Employer
2 835
-
152 972
-
health
269
-
645
-
pensions
312
-
747
-
unemployment
57
-
136
-
total
638
-
1 528
-
Corporate
151 027
154 500
-
-
income
33 226
33 990
-
-
total
33 226
33 990
-
-
Dividends
117 801
120 510
-
-
withholding
23 560
24 102
-
-
total
23 560
24 102
-
-
Income
154 500
154 500
154 500
154 500
Total tax
58 398
58 092
55 301
55 168
After tax
96 102
96 408
99 199
99 332
Living cost
1 862
1 862
1 862
1 862
Free-cash
94 240
94 546
97 337
97 470

Estimated living cost  is ₽1862 per week

₽1106
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽151
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽43
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽562
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽95093
₽76627
₽76628
₽90389
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
income
-
-
-
34 632
unemployment
-
-
-
1 060
health
-
-
-
7 277
pensions
-
-
-
18 370
total
-
-
-
61 339
Employee

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

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

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

24 931
-
141 853
-
unemployment
187
-
530
-
pensions
3 490
-
9 892
-
income
3 437
-
34 632
-
health
1 284
-
3 639
-
total
8 398
-
48 693
-
Employer

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

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

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

24 931
-
141 853
-
health
1 284
-
3 639
-
pensions
2 992
-
8 478
-
unemployment
187
-
530
-
total
4 463
-
12 647
-
Corporate
125 106
154 500
-
-
income
18 766
23 175
-
-
total
18 766
23 175
-
-
Dividends
106 340
131 325
-
-
withholding
15 951
19 699
-
-
total
15 951
19 699
-
-
Income
154 500
154 500
154 500
154 500
Total tax
47 578
42 874
61 340
61 339
After tax
106 922
111 626
93 160
93 161
Living cost
16 533
16 533
16 533
16 533
Free-cash
90 389
95 093
76 627
76 628

Estimated living cost  is ₽16533 per week

₽11132
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1279
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.
₽3644
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽62056
₽46117
₽57446
₽61709
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
income
-
-
-
17 541
surtax
-
-
-
-
social contributions

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

-
-
-
53 689
total
-
-
-
71 230
Employee
37 177
-
124 849
-
surtax
-
-
-
-
social contributions
4 090
-
13 733
-
income
7 264
-
39 175
-
total
11 354
-
52 908
-
Employer
37 177
-
124 849
-
social contributions
8 829
-
29 651
-
total
8 829
-
29 651
-
Corporate
108 494
154 500
-
-
income
22 784
32 445
-
-
surtax
-
-
-
-
total
22 784
32 445
-
-
Dividends
85 710
122 055
-
-
withholding
24 000
34 175
-
-
total
24 000
34 175
-
-
Income
154 500
154 500
154 500
154 500
Total tax
66 967
66 620
82 559
71 230
After tax
87 533
87 880
71 941
83 270
Living cost
25 824
25 824
25 824
25 824
Free-cash
61 709
62 056
46 117
57 446

Estimated living cost  is ₽25824 per week

₽18290
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1794
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽458
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5282
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽69492
₽49181
₽53200
₽62995
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
accident
-
-
-
800
income
-
-
-
41 000
other
-
-
-
89
unemployment
-
-
-
622
pensions
-
-
-
25 125
total
-
-
-
67 636
Employee
46 261
-
126 196
-
other
45
-
89
-
unemployment
716
-
1 376
-
pensions
2 174
-
4 174
-
income
9 662
-
37 712
-
total
12 597
-
43 351
-
Employer
46 261
-
126 196
-
pensions
10 917
-
20 953
-
accident
916
-
1 758
-
unemployment
2 545
-
4 882
-
other
371
-
711
-
total
14 749
-
28 304
-
Corporate
93 490
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.

14 024
23 174
-
-
total
14 024
23 174
-
-
Dividends
79 466
131 326
-
-
withholding
16 471
28 170
-
-
total
16 471
28 170
-
-
Income
154 500
154 500
154 500
154 500
Total tax
57 841
51 344
71 655
67 636
After tax
96 659
103 156
82 845
86 864
Living cost
33 664
33 664
33 664
33 664
Free-cash
62 995
69 492
49 181
53 200

Estimated living cost  is ₽33664 per week

₽24176
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2618
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.
₽6397
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽115611
₽111804
₽105899
₽109768
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
23 175
unemployment
-
-
-
134
health
-
-
-
3 850
pensions

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

-
-
-
4 955
total
-
-
-
32 114
Employee
21 831
-
147 932
-
accident

We are using the highest rate at 1.1%.

240
-
368
-
pensions

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

1 917
-
2 940
-
income
2 183
-
14 793
-
health
1 004
-
1 540
-
total
5 344
-
19 641
-
Employer
21 831
-
147 932
-
health
1 507
-
2 310
-
pensions

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

2 406
-
3 689
-
accident

We are using the highest rate at 1.1%.

240
-
368
-
unemployment
131
-
201
-
total
4 284
-
6 568
-
Corporate
128 385
154 500
-
-
income
12 839
15 450
-
-
total
12 839
15 450
-
-
Dividends
115 546
139 050
-
-
withholding
5 778
6 952
-
-
total
5 778
6 952
-
-
Income
154 500
154 500
154 500
154 500
Total tax
28 245
22 402
26 209
32 114
After tax
126 255
132 098
128 291
122 386
Living cost
16 487
16 487
16 487
16 487
Free-cash
109 768
115 611
111 804
105 899

Estimated living cost  is ₽16487 per week

₽10904
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽944
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽393
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4246
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽42555
₽62256
₽46476
₽55086
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
income

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

-
-
-
46 180
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.

-
-
-
2 539
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.

-
-
-
6 544
trade
-
-
-
15 780
total
-
-
-
71 043
Employee

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

47 660
-
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.

216
-
2 539
-
income

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

3 919
-
46 180
-
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.

6 544
-
6 544
-
total
10 679
-
55 263
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
106 840
154 500
-
-
income
16 025
23 174
-
-
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.

882
1 274
-
-
chamber of commerce
302
373
-
-
trade
15 331
22 171
-
-
total
32 540
46 992
-
-
Dividends
74 300
107 508
-
-
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.

1 002
1 458
-
-
withholding
18 212
26 514
-
-
total
19 214
27 972
-
-
Income
154 500
154 500
154 500
154 500
Total tax
62 433
74 964
55 263
71 043
After tax
92 067
79 536
99 237
83 457
Living cost
36 981
36 981
36 981
36 981
Free-cash
55 086
42 555
62 256
46 476

Estimated living cost  is ₽36981 per week

₽25510
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3979
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽536
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6955
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽53586
₽28520
₽28520
₽55699
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
45 967
social contributions
-
-
-
25 448
total
-
-
-
71 415
Employee
74 927
-
154 500
-
income
14 138
-
45 967
-
social contributions
6 225
-
25 448
-
total
20 363
-
71 415
-
Employer
74 927
-
154 500
-
total
-
-
-
-
Corporate
79 573
154 500
-
-
income
9 947
19 312
-
-
total
9 947
19 312
-
-
Dividends
69 626
135 188
-
-
withholding
13 926
27 037
-
-
total
13 926
27 037
-
-
Income
154 500
154 500
154 500
154 500
Total tax
44 236
46 349
71 415
71 415
After tax
110 264
108 151
83 085
83 085
Living cost
54 565
54 565
54 565
54 565
Free-cash
55 699
53 586
28 520
28 520

Estimated living cost  is ₽54565 per week

₽41512
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4446
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽522
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8085
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽60594
₽75949
₽86599
₽63939
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
income
-
-
-
27 266
health

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

-
-
-
5 864
total
-
-
-
33 130
Employee
43 942
-
150 094
-
income
4 768
-
34 968
-
social contributions
4 403
-
4 406
-
total
9 171
-
39 374
-
Employer
43 942
-
150 094
-
social contributions
4 403
-
4 406
-
total
4 403
-
4 406
-
Corporate
106 156
154 500
-
-
income
37 155
54 074
-
-
total
37 155
54 074
-
-
Dividends
69 001
100 426
-
-
social contributions
5 061
5 061
-
-
total
5 061
5 061
-
-
Income
154 500
154 500
154 500
154 500
Total tax
55 790
59 135
43 780
33 130
After tax
98 710
95 365
110 720
121 370
Living cost
34 771
34 771
34 771
34 771
Free-cash
63 939
60 594
75 949
86 599

Estimated living cost  is ₽34771 per week

₽22904
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2741
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽533
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8592
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽67223
₽54064
₽68119
₽72851
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
42 784
pensions
-
-
-
8 294
total
-
-
-
51 078
Employee
48 458
-
135 084
-
pensions
3 699
-
10 294
-
income
8 825
-
33 413
-
health
632
-
2 010
-
total
13 156
-
45 717
-
Employer
48 458
-
135 084
-
health
921
-
2 566
-
pensions
4 896
-
16 850
-
total
5 817
-
19 416
-
Corporate
100 225
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.

19 043
29 354
-
-
total
19 043
29 354
-
-
Dividends
81 181
125 146
-
-
withholding
8 330
22 620
-
-
total
8 330
22 620
-
-
Income
154 500
154 500
154 500
154 500
Total tax
46 346
51 974
65 133
51 078
After tax
108 154
102 526
89 367
103 422
Living cost
35 303
35 303
35 303
35 303
Free-cash
72 851
67 223
54 064
68 119

Estimated living cost  is ₽35303 per week

₽24218
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3246
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽442
Clothing and shoes. We estimate one pair of shoes and 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 Edinburgh model

Close
Warsaw , Poland
-₽10630
₽60192
₽82532
₽8963
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
accident
-
-
-
245
income
-
-
-
42 056
other
-
-
-
360
health
-
-
-
2 119
pensions
-
-
-
4 043
total
-
-
-
48 823
Employee
36 408
-
138 105
-
pensions
4 100
-
7 413
-
income
4 995
-
31 543
-
health
4 169
-
15 813
-
total
13 264
-
54 769
-
Employer
36 408
-
138 105
-
pensions
5 920
-
10 704
-
accident
608
-
2 306
-
unemployment
892
-
3 384
-
total
7 420
-
16 394
-
Corporate
110 672
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.

99 605
139 050
-
-
total
99 605
139 050
-
-
Dividends
11 067
15 450
-
-
withholding
2 103
2 935
-
-
total
2 103
2 935
-
-
Income
154 500
154 500
154 500
154 500
Total tax
122 392
141 985
71 163
48 823
After tax
32 108
12 515
83 337
105 677
Living cost
23 145
23 145
23 145
23 145
Free-cash
8 963
-10 630
60 192
82 532

Estimated living cost  is ₽23145 per week

₽16986
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1349
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽466
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4344
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽117093
₽95288
₽74258
₽112618
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
income
-
-
-
25 262
unemployment
-
-
-
1 835
work injury
-
-
-
765
health insurance
-
-
-
11 318
pensions
-
-
-
28 143
total
-
-
-
67 323
Employee

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

20 670
-
154 500
-
health insurance
1 530
-
5 659
-
unemployment
248
-
918
-
work injury
103
-
382
-
pensions
3 803
-
14 072
-
income
2 067
-
25 262
-
total
7 751
-
46 293
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
133 830
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%.

1 338
1 545
-
-
total
1 338
1 545
-
-
Dividends
132 492
152 955
-
-
withholding
19 874
22 943
-
-
total
19 874
22 943
-
-
Income
154 500
154 500
154 500
154 500
Total tax
28 963
24 488
46 293
67 323
After tax
125 537
130 012
108 207
87 177
Living cost
12 919
12 919
12 919
12 919
Free-cash
112 618
117 093
95 288
74 258

Estimated living cost  is ₽12919 per week

₽8003
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽939
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽403
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3574
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽43221
₽27900
₽34683
₽38864
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
regional
-
-
-
3 524
municipal
-
-
-
1 032
national
-
-
-
37 364
total
-
-
-
81 658
Employee
80 716
-
154 500
-
municipal
482
-
922
-
national
13 640
-
32 298
-
regional
1 219
-
3 124
-
social contributions
27 217
-
52 097
-
total
42 558
-
88 441
-
Employer
80 716
-
154 500
-
total
-
-
-
-
Corporate
73 784
154 500
-
-
municipal
3 556
7 447
-
-
nationa
17 708
37 080
-
-
total
21 264
44 527
-
-
Dividends
52 520
109 973
-
-
withholding
13 655
28 593
-
-
total
13 655
28 593
-
-
Income
154 500
154 500
154 500
154 500
Total tax
77 477
73 120
88 441
81 658
After tax
77 023
81 380
66 059
72 842
Living cost
38 159
38 159
38 159
38 159
Free-cash
38 864
43 221
27 900
34 683

Estimated living cost  is ₽38159 per week

₽26804
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2625
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽576
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8153
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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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