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
₽59583
₽49019
₽70269
₽52929
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
trade
-
-
-
17 340
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.

-
-
-
46 234
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.

-
-
-
6 525
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.

-
-
-
2 543
total
-
-
-
72 642
Employee

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

36 530
-
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
-
2 543
-
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.

6 525
-
6 525
-
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.

1 020
-
46 234
-
total
7 601
-
55 302
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
117 970
154 500
-
-
trade
18 579
24 334
-
-
income
17 695
23 176
-
-
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.

973
1 274
-
-
chamber of commerce
315
366
-
-
total
37 562
49 150
-
-
Dividends
80 407
105 350
-
-
withholding
19 739
25 974
-
-
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.

1 086
1 428
-
-
total
20 825
27 402
-
-
Income
154 500
154 500
154 500
154 500
Total tax
65 988
76 552
55 302
72 642
After tax
88 512
77 948
99 198
81 858
Living cost
28 929
28 929
28 929
28 929
Free-cash
59 583
49 019
70 269
52 929

Estimated living cost  is ₽28929 per week

₽18197
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3373
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽540
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6818
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽46531
₽47347
₽43586
₽42374
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
pensions
-
-
-
18 540
municipal
-
-
-
16 812
national
-
-
-
26 052
total
-
-
-
63 065
Employee
76 054
-
133 564
-
national
14 557
-
26 979
-
municipal
9 394
-
17 410
-
pensions
3 042
-
5 343
-
total
26 993
-
49 732
-
Employer
76 054
-
133 564
-
pensions
6 084
-
10 685
-
social contributions
818
-
1 436
-
total
6 902
-
12 121
-
Corporate
66 525
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%.

13 305
30 900
-
-
total
13 305
30 900
-
-
Dividends
53 220
123 600
-
-
withholding
11 708
27 192
-
-
total
11 708
27 192
-
-
Income
154 500
154 500
154 500
154 500
Total tax
58 908
58 092
61 853
63 065
After tax
95 592
96 408
92 647
91 435
Living cost
49 061
49 061
49 061
49 061
Free-cash
46 531
47 347
43 586
42 374

Estimated living cost  is ₽49061 per week

₽33346
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4561
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽734
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10420
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽95897
₽103729
₽72889
₽32264
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
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.

-
-
-
36 594
income
-
-
-
26 375
microenterprise
-
-
-
-
surtax
-
-
-
39 397
total
-
-
-
102 366
Employee
27 908
-
113 082
-
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.

3 070
-
12 439
-
income
4 968
-
22 061
-
total
8 038
-
34 500
-
Employer
27 908
-
113 082
-
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.

6 722
-
27 241
-
surtax
-
-
-
-
total
6 722
-
27 241
-
Corporate
119 869
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%.

23 973
30 901
-
-
total
23 973
30 901
-
-
Dividends

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

95 896
123 599
-
-
total
-
-
-
-
Income
154 500
154 500
154 500
154 500
Total tax
38 733
30 901
61 741
102 366
After tax
115 767
123 599
92 759
52 134
Living cost
19 870
19 870
19 870
19 870
Free-cash
95 897
103 729
72 889
32 264

Estimated living cost  is ₽19870 per week

₽12676
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1892
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽451
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4850
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽30425
₽36276
₽55028
₽46243
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
45 280
pensions
-
-
-
11 190
health
-
-
-
11 777
total
-
-
-
68 247
Employee
81 561
81 561
136 751
-
health
12 519
10 648
11 777
-
pensions
14 681
11 190
11 190
-
income

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

13 350
13 350
18 746
-
total
40 550
35 188
41 713
-
Employer
81 561
81 561
136 751
-
pensions
5 677
5 677
7 056
-
unemployment
2 936
2 936
3 648
-
health
5 669
5 669
7 045
-
total
14 282
14 282
17 749
-
Corporate
59 658
58 657
-
-
income
11 931
11 732
-
-
total
11 931
11 732
-
-
Dividends
47 726
46 925
-
-
withholding
7 159
7 040
-
-
income
10 143
9 972
-
-
total
17 302
17 012
-
-
Income
154 500
154 500
154 500
154 500
Total tax
84 065
78 214
59 462
68 247
After tax
70 435
76 286
95 038
86 253
Living cost
40 010
40 010
40 010
40 010
Free-cash
30 425
36 276
55 028
46 243

Estimated living cost  is ₽40010 per week

₽28354
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3607
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽636
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7413
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽44078
₽44963
₽40182
₽41139
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
10 032
unemployment
-
-
-
86
pensions
-
-
-
9 333
municipal
-
-
-
38 613
accident
-
-
-
173
national
-
-
-
10 343
health
-
-
-
5 387
total
-
-
-
73 967
Employee
56 132
-
127 373
-
national
-
-
9 814
-
municipal
16 739
-
37 983
-
total
16 739
-
47 797
-
Employer
56 132
-
127 373
-
other
6 523
-
10 032
-
accident
112
-
173
-
pensions
6 068
-
9 333
-
unemployment
1 482
-
2 279
-
health
3 452
-
5 310
-
total
17 637
-
27 127
-
Corporate
80 731
154 500
-
-
income
17 761
33 990
-
-
total
17 761
33 990
-
-
Dividends
62 970
120 510
-
-
withholding
18 891
36 153
-
-
total
18 891
36 153
-
-
Income
154 500
154 500
154 500
154 500
Total tax
71 028
70 143
74 924
73 967
After tax
83 472
84 357
79 576
80 533
Living cost
39 394
39 394
39 394
39 394
Free-cash
44 078
44 963
40 182
41 139

Estimated living cost  is ₽39394 per week

₽26109
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3866
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽598
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8821
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽53052
₽39632
₽61678
₽43568
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
trade
-
-
-
18 110
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.

-
-
-
46 234
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.

-
-
-
6 525
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.

-
-
-
2 543
total
-
-
-
73 412
Employee

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

48 434
-
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.

228
-
2 543
-
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.

6 525
-
6 525
-
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.

4 161
-
46 234
-
total
10 914
-
55 302
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
106 066
154 500
-
-
trade
17 449
25 416
-
-
income
15 910
23 176
-
-
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.

875
1 274
-
-
chamber of commerce
295
364
-
-
total
34 529
50 230
-
-
Dividends
71 536
104 270
-
-
withholding
17 521
25 704
-
-
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.

964
1 414
-
-
total
18 485
27 118
-
-
Income
154 500
154 500
154 500
154 500
Total tax
63 928
77 348
55 302
73 412
After tax
90 572
77 152
99 198
81 088
Living cost
37 520
37 520
37 520
37 520
Free-cash
53 052
39 632
61 678
43 568

Estimated living cost  is ₽37520 per week

₽25093
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3957
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.
₽7910
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽77813
₽81776
₽73916
₽75311
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
15 453
income
-
-
-
28 818
health
-
-
-
3 940
total
-
-
-
48 211
Employee
73 442
73 442
143 622
-
health
730
1 249
2 441
-
social contributions
3 569
6 095
8 221
-
income
7 712
6 799
28 066
-
total
12 011
14 143
38 728
-
Employer
73 442
73 442
143 622
-
social contributions
3 569
6 095
8 221
-
health
796
1 359
2 657
-
total
4 365
7 454
10 878
-
Corporate
107 146
73 604
-
-
income
13 394
9 200
-
-
total
13 394
9 200
-
-
Dividends
93 752
64 404
-
-
withholding
15 939
10 949
-
-
total
15 939
10 949
-
-
Income
154 500
154 500
154 500
154 500
Total tax
45 709
41 746
49 606
48 211
After tax
108 791
112 754
104 894
106 289
Living cost
30 978
30 978
30 978
30 978
Free-cash
77 813
81 776
73 916
75 311

Estimated living cost  is ₽30978 per week

₽21177
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2420
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽520
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6862
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽69524
₽69157
₽71896
₽89360
S + D Salary + Dividends

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

Dividends

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

Salary

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

25 506
10 151
129 289
-
unemployment
383
152
1 939
-
health
1 785
711
9 050
-
pensions
2 551
1 015
12 929
-
income
3 118
1 241
15 806
-
total
7 837
3 119
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.

25 506
10 151
129 289
-
pensions
4 974
1 979
25 211
-
total
4 974
1 979
25 211
-
Corporate
124 020
142 369
-
-
income
11 162
12 813
-
-
total
11 162
12 813
-
-
Dividends
112 858
129 556
-
-
withholding
21 443
24 616
-
-
social contributions
21 891
25 147
-
-
total
43 334
49 763
-
-
Income
154 500
154 500
154 500
154 500
Total tax
67 307
67 674
64 935
47 471
After tax
87 193
86 826
89 565
107 029
Living cost
17 669
17 669
17 669
17 669
Free-cash
69 524
69 157
71 896
89 360

Estimated living cost  is ₽17669 per week

₽12058
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1446
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽353
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3813
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽94599
₽100530
₽65984
₽59742
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
pensions
-
-
-
30 901
health
-
-
-
20 086
total
-
-
-
71 689
Employee
27 094
-
115 471
-
unemployment
433
-
1 847
-
pensions
542
-
2 309
-
income
3 050
-
22 262
-
total
4 025
-
26 418
-
Employer
27 094
-
115 471
-
pensions
5 419
-
23 094
-
unemployment
217
-
924
-
health
3 522
-
15 011
-
total
9 158
-
39 029
-
Corporate
118 247
154 500
-
-
income
23 649
30 901
-
-
total
23 649
30 901
-
-
Dividends
94 598
123 599
-
-
total
-
-
-
-
Income
154 500
154 500
154 500
154 500
Total tax
36 832
30 901
65 447
71 689
After tax
117 668
123 599
89 053
82 811
Living cost
23 069
23 069
23 069
23 069
Free-cash
94 599
100 530
65 984
59 742

Estimated living cost  is ₽23069 per week

₽15823
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1374
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽464
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5408
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Tallinn model

Close
Gdansk , Poland
₽9217
-₽8970
₽61822
₽84195
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
362
income
-
-
-
42 018
pensions
-
-
-
4 063
accident
-
-
-
247
health
-
-
-
2 130
total
-
-
-
48 820
Employee
33 797
-
138 053
-
health
3 870
-
15 807
-
pensions
3 806
-
7 451
-
income
4 637
-
31 489
-
total
12 313
-
54 747
-
Employer
33 797
-
138 053
-
accident
564
-
2 305
-
pensions
5 496
-
10 759
-
unemployment
828
-
3 382
-
total
6 888
-
16 446
-
Corporate
113 815
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.

102 434
139 050
-
-
total
102 434
139 050
-
-
Dividends
11 381
15 450
-
-
withholding
2 163
2 935
-
-
total
2 163
2 935
-
-
Income
154 500
154 500
154 500
154 500
Total tax
123 798
141 985
71 193
48 820
After tax
30 702
12 515
83 307
105 680
Living cost
21 485
21 485
21 485
21 485
Free-cash
9 217
-8 970
61 822
84 195

Estimated living cost  is ₽21485 per week

₽15747
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1190
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽448
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4100
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽137484
₽138951
₽115776
₽145131
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
9 780
-
154 500
-
income
1 956
-
30 900
-
total
1 956
-
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%.

144 720
154 500
-
-
total
-
-
-
-
Dividends
144 720
154 500
-
-
withholding
7 236
7 725
-
-
total
7 236
7 725
-
-
Income
154 500
154 500
154 500
154 500
Total tax
9 192
7 725
30 900
1 545
After tax
145 308
146 775
123 600
152 955
Living cost
7 824
7 824
7 824
7 824
Free-cash
137 484
138 951
115 776
145 131

Estimated living cost  is ₽7824 per week

₽4849
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽650
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽215
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2110
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽81612
₽88062
₽62444
₽58358
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
6 898
income
-
-
-
22 547
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.

-
-
-
34 857
health
-
-
-
6 391
total
-
-
-
70 693
Employee
34 678
-
123 402
-
unemployment
346
-
1 234
-
health
486
-
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.

2 427
-
8 638
-
income
5 970
-
23 910
-
total
9 229
-
35 509
-
Employer
34 678
-
123 402
-
other
1 735
-
6 170
-
accident
277
-
988
-
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.

5 896
-
20 979
-
unemployment
346
-
1 234
-
health
486
-
1 727
-
total
8 740
-
31 098
-
Corporate
111 082
154 500
-
-
income
23 328
32 445
-
-
total
23 328
32 445
-
-
Dividends
87 754
122 055
-
-
withholding
6 142
8 544
-
-
total
6 142
8 544
-
-
Income
154 500
154 500
154 500
154 500
Total tax
47 439
40 989
66 607
70 693
After tax
107 061
113 511
87 893
83 807
Living cost
25 449
25 449
25 449
25 449
Free-cash
81 612
88 062
62 444
58 358

Estimated living cost  is ₽25449 per week

₽17981
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1718
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.
₽5339
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽39977
₽39459
₽26370
₽40415
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
42 979
pensions
-
-
-
8 236
total
-
-
-
51 215
Employee
88 951
-
135 066
-
health
1 466
-
2 002
-
pensions
8 581
-
10 211
-
income
16 034
-
33 613
-
total
26 081
-
45 826
-
Employer
88 951
-
135 066
-
pensions
10 503
-
16 867
-
health
1 689
-
2 567
-
total
12 192
-
19 434
-
Corporate
53 357
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.

10 138
29 355
-
-
total
10 138
29 355
-
-
Dividends
43 219
125 145
-
-
withholding
3 242
22 816
-
-
total
3 242
22 816
-
-
Income
154 500
154 500
154 500
154 500
Total tax
51 653
52 171
65 260
51 215
After tax
102 847
102 329
89 240
103 285
Living cost
62 870
62 870
62 870
62 870
Free-cash
39 977
39 459
26 370
40 415

Estimated living cost  is ₽62870 per week

₽47109
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽7387
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽511
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7863
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details

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
₽115139
₽119577
₽115809
₽109898
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
unemployment
-
-
-
133
income
-
-
-
23 175
pensions

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

-
-
-
4 937
health
-
-
-
3 836
total
-
-
-
32 081
Employee
16 580
-
147 955
-
accident

We are using the highest rate at 1.1%.

183
-
367
-
health
763
-
1 534
-
pensions

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

1 456
-
2 929
-
income
1 658
-
14 795
-
total
4 060
-
19 625
-
Employer
16 580
-
147 955
-
accident

We are using the highest rate at 1.1%.

183
-
367
-
pensions

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

1 827
-
3 676
-
unemployment
99
-
200
-
health
1 144
-
2 302
-
total
3 253
-
6 545
-
Corporate
134 667
154 500
-
-
income
13 467
15 450
-
-
total
13 467
15 450
-
-
Dividends
121 200
139 050
-
-
withholding
6 060
6 952
-
-
total
6 060
6 952
-
-
Income
154 500
154 500
154 500
154 500
Total tax
26 840
22 402
26 170
32 081
After tax
127 660
132 098
128 330
122 419
Living cost
12 521
12 521
12 521
12 521
Free-cash
115 139
119 577
115 809
109 898

Estimated living cost  is ₽12521 per week

₽7310
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽894
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽332
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3985
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽25728
₽23325
₽42077
₽33292
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
45 280
pensions
-
-
-
11 190
health
-
-
-
11 777
total
-
-
-
68 247
Employee
88 549
81 561
136 751
-
health
11 047
10 648
11 777
-
pensions
11 190
11 190
11 190
-
income

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

13 350
13 350
18 746
-
total
35 587
35 188
41 713
-
Employer
88 549
81 561
136 751
-
pensions
6 162
5 677
7 056
-
unemployment
3 188
2 936
3 648
-
health
6 153
5 669
7 045
-
total
15 503
14 282
17 749
-
Corporate
50 448
58 657
-
-
income
10 090
11 732
-
-
total
10 090
11 732
-
-
Dividends
40 358
46 925
-
-
withholding
6 054
7 040
-
-
income
8 577
9 972
-
-
total
14 631
17 012
-
-
Income
154 500
154 500
154 500
154 500
Total tax
75 811
78 214
59 462
68 247
After tax
78 689
76 286
95 038
86 253
Living cost
52 961
52 961
52 961
52 961
Free-cash
25 728
23 325
42 077
33 292

Estimated living cost  is ₽52961 per week

₽39068
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4731
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽607
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8557
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽74188
₽82651
₽54681
₽60859
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
34 135
income
-
-
-
14 926
health
-
-
-
20 858
solidarity contribution
-
-
-
-
total
-
-
-
69 919
Employee
34 885
-
115 299
-
solidarity contribution
-
-
-
-
health
4 710
-
15 565
-
social contributions
2 268
-
7 494
-
income
4 186
-
13 836
-
total
11 164
-
36 895
-
Employer
34 885
-
115 299
-
social contributions
8 721
-
28 825
-
health
3 140
-
10 377
-
total
11 861
-
39 202
-
Corporate
107 754
154 500
-
-
income
20 473
29 355
-
-
total
20 473
29 355
-
-
Dividends
87 281
125 145
-
-
withholding
13 092
18 772
-
-
total
13 092
18 772
-
-
Income
154 500
154 500
154 500
154 500
Total tax
56 590
48 127
76 097
69 919
After tax
97 910
106 373
78 403
84 581
Living cost
23 722
23 722
23 722
23 722
Free-cash
74 188
82 651
54 681
60 859

Estimated living cost  is ₽23722 per week

₽16477
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1688
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.
₽5090
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽37145
₽42132
₽27362
₽34340
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
regional
-
-
-
1 809
social contributions
-
-
-
39 738
municipal
-
-
-
919
national
-
-
-
37 393
total
-
-
-
79 859
Employee
84 882
-
154 500
-
national
14 708
-
32 325
-
regional
801
-
1 596
-
municipal
449
-
819
-
social contributions
28 622
-
52 097
-
total
44 580
-
86 837
-
Employer
84 882
-
154 500
-
total
-
-
-
-
Corporate
69 618
154 500
-
-
nationa
16 709
37 079
-
-
municipal
2 715
6 025
-
-
total
19 424
43 104
-
-
Dividends
50 194
111 396
-
-
withholding
13 050
28 963
-
-
total
13 050
28 963
-
-
Income
154 500
154 500
154 500
154 500
Total tax
77 054
72 067
86 837
79 859
After tax
77 446
82 433
67 663
74 641
Living cost
40 301
40 301
40 301
40 301
Free-cash
37 145
42 132
27 362
34 340

Estimated living cost  is ₽40301 per week

₽28093
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2643
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽618
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8946
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽73131
₽76106
₽46216
₽52217
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
-
unemployment
-
-
-
217
income
-
-
-
40 470
pensions
-
-
-
25 494
health
-
-
-
9 050
surtax
-
-
-
5 976
total
-
-
-
81 207
Employee
31 584
-
127 668
-
surtax
103
-
4 995
-
unemployment
2 199
-
8 872
-
other
-
-
-
-
health
807
-
3 250
-
pensions
2 106
-
8 502
-
income
5 294
-
34 757
-
total
10 509
-
60 376
-
Employer
31 584
-
127 668
-
other
-
-
-
-
pensions
4 210
-
16 992
-
unemployment
1 000
-
4 040
-
health
1 437
-
5 800
-
total
6 647
-
26 832
-
Corporate
116 268
154 500
-
-
income
30 230
40 169
-
-
total
30 230
40 169
-
-
Dividends
86 038
114 331
-
-
withholding
12 907
17 149
-
-
total
12 907
17 149
-
-
Income
154 500
154 500
154 500
154 500
Total tax
60 293
57 318
87 208
81 207
After tax
94 207
97 182
67 292
73 293
Living cost
21 076
21 076
21 076
21 076
Free-cash
73 131
76 106
46 216
52 217

Estimated living cost  is ₽21076 per week

₽12887
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1945
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽486
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5758
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽65411
₽59378
₽46289
₽60334
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
42 979
pensions
-
-
-
8 236
total
-
-
-
51 215
Employee
59 613
-
135 066
-
health
865
-
2 002
-
pensions
5 060
-
10 211
-
income
10 737
-
33 613
-
total
16 662
-
45 826
-
Employer
59 613
-
135 066
-
pensions
6 453
-
16 867
-
health
1 132
-
2 567
-
total
7 585
-
19 434
-
Corporate
87 302
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.

16 587
29 355
-
-
total
16 587
29 355
-
-
Dividends
70 715
125 145
-
-
withholding
5 304
22 816
-
-
total
5 304
22 816
-
-
Income
154 500
154 500
154 500
154 500
Total tax
46 138
52 171
65 260
51 215
After tax
108 362
102 329
89 240
103 285
Living cost
42 951
42 951
42 951
42 951
Free-cash
65 411
59 378
46 289
60 334

Estimated living cost  is ₽42951 per week

₽32178
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3219
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽449
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7103
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽27302
-₽5118
₽42833
₽50337
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
city
-
-
-
1 629
regional
-
-
-
7 107
pensions
-
-
-
14 215
national
-
-
-
2 007
health
-
-
-
348
total
-
-
-
28 396
Employee
88 667
-
138 286
-
national
420
-
1 651
-
unemployment
-
-
-
-
city
952
-
1 485
-
regional
2 903
-
6 145
-
health
200
-
311
-
pensions
7 449
-
11 616
-
total
11 924
-
21 208
-
Employer
88 667
-
138 286
-
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.

1 773
-
2 765
-
pensions
7 449
-
11 616
-
unemployment
-
-
-
-
health
200
-
311
-
total
9 422
-
14 692
-
Corporate
55 435
154 500
-
-
regional
11 725
32 677
-
-
national
4 711
13 132
-
-
total
16 436
45 809
-
-
Dividends
38 999
108 691
-
-
withholding
13 649
38 042
-
-
total
13 649
38 042
-
-
Income
154 500
154 500
154 500
154 500
Total tax
51 431
83 851
35 900
28 396
After tax
103 069
70 649
118 600
126 104
Living cost
75 767
75 767
75 767
75 767
Free-cash
27 302
-5 118
42 833
50 337

Estimated living cost  is ₽75767 per week

₽49270
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽6799
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽930
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽18767
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽48091
₽32606
₽55445
₽36565
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
trade
-
-
-
18 880
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.

-
-
-
46 234
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.

-
-
-
6 525
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.

-
-
-
2 543
total
-
-
-
74 182
Employee

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

57 399
-
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.

372
-
2 543
-
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.

6 525
-
6 525
-
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.

6 750
-
46 234
-
total
13 647
-
55 302
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
97 101
154 500
-
-
trade
16 653
26 496
-
-
income
14 565
23 176
-
-
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.

801
1 274
-
-
chamber of commerce
281
362
-
-
total
32 300
51 308
-
-
Dividends
64 801
103 191
-
-
withholding
15 837
25 434
-
-
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.

872
1 399
-
-
total
16 709
26 833
-
-
Income
154 500
154 500
154 500
154 500
Total tax
62 656
78 141
55 302
74 182
After tax
91 844
76 359
99 198
80 318
Living cost
43 753
43 753
43 753
43 753
Free-cash
48 091
32 606
55 445
36 565

Estimated living cost  is ₽43753 per week

₽31955
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3500
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽569
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7730
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽50833
₽45190
₽53756
₽54611
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
4 790
social contributions
-
-
-
4 402
income
-
-
-
23 058
pensions
-
-
-
28 858
health
-
-
-
6 104
surtax
-
-
-
-
total
-
-
-
67 212
Employee
40 876
-
120 487
-
surtax
-
-
-
-
pensions
4 622
-
7 998
-
social contributions
1 165
-
3 435
-
income
2 412
-
22 621
-
total
8 199
-
34 054
-
Employer
40 876
-
120 487
-
other
1 410
-
4 539
-
pensions
6 715
-
13 534
-
unemployment
1 655
-
4 879
-
social contributions
123
-
361
-
health
2 862
-
10 700
-
total
12 765
-
34 013
-
Corporate
100 859
154 500
-
-
income
28 240
43 260
-
-
surtax
-
-
-
-
total
28 240
43 260
-
-
Dividends
72 619
111 240
-
-
withholding
9 296
14 239
-
-
social contributions
12 490
19 134
-
-
surtax
-
-
-
-
total
21 786
33 373
-
-
Income
154 500
154 500
154 500
154 500
Total tax
70 990
76 633
68 067
67 212
After tax
83 510
77 867
86 433
87 288
Living cost
32 677
32 677
32 677
32 677
Free-cash
50 833
45 190
53 756
54 611

Estimated living cost  is ₽32677 per week

₽20604
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2657
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽556
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8861
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽53733
₽48428
₽56994
₽57849
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
4 790
social contributions
-
-
-
4 402
income
-
-
-
23 058
pensions
-
-
-
28 858
health
-
-
-
6 104
surtax
-
-
-
-
total
-
-
-
67 212
Employee
36 488
-
120 487
-
surtax
-
-
-
-
pensions
4 127
-
7 998
-
social contributions
1 040
-
3 435
-
income
1 881
-
22 621
-
total
7 048
-
34 054
-
Employer
36 488
-
120 487
-
other
1 260
-
4 539
-
pensions
5 996
-
13 534
-
unemployment
1 477
-
4 879
-
social contributions
109
-
361
-
health
2 554
-
10 700
-
total
11 396
-
34 013
-
Corporate
106 617
154 500
-
-
income
29 853
43 260
-
-
surtax
-
-
-
-
total
29 853
43 260
-
-
Dividends
76 764
111 240
-
-
withholding
9 825
14 239
-
-
social contributions
13 206
19 134
-
-
surtax
-
-
-
-
total
23 031
33 373
-
-
Income
154 500
154 500
154 500
154 500
Total tax
71 328
76 633
68 067
67 212
After tax
83 172
77 867
86 433
87 288
Living cost
29 439
29 439
29 439
29 439
Free-cash
53 733
48 428
56 994
57 849

Estimated living cost  is ₽29439 per week

₽17073
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2991
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.
₽8818
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽74503
₽74007
₽76184
₽78966
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
21 322
income
-
-
-
23 176
health
-
-
-
10 784
total
-
-
-
55 282
Employee
32 383
-
154 500
-
health
2 260
-
10 784
-
social contributions
4 470
-
21 322
-
income
5 401
-
25 958
-
total
12 131
-
58 064
-
Employer
32 383
-
154 500
-
total
-
-
-
-
Corporate
122 117
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%.

6 106
7 725
-
-
total
6 106
7 725
-
-
Dividends
116 011
146 775
-
-
health
8 098
10 246
-
-
withholding
17 401
22 016
-
-
social contributions
16 009
20 254
-
-
total
41 508
52 516
-
-
Income
154 500
154 500
154 500
154 500
Total tax
59 745
60 241
58 064
55 282
After tax
94 755
94 259
96 436
99 218
Living cost
20 252
20 252
20 252
20 252
Free-cash
74 503
74 007
76 184
78 966

Estimated living cost  is ₽20252 per week

₽13554
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1249
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.
₽4982
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽50485
₽51961
₽7038
₽45606
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
chamber of commerce
-
-
-
618
unemployment
-
-
-
5 858
income
-
-
-
39 399
pensions
-
-
-
20 642
health
-
-
-
8 535
surtax
-
-
-
188
total
-
-
-
75 240
Employee
47 731
38 062
121 477
-
unemployment
1 432
1 142
3 348
-
other
477
381
1 116
-
health
1 847
1 474
4 317
-
pensions
4 888
3 897
11 426
-
income
5 434
2 807
31 114
-
total
14 078
9 701
51 321
-
Employer
47 731
38 062
121 477
-
payroll
1 432
1 142
3 645
-
other
2 267
1 807
5 686
-
accident
620
495
1 450
-
pensions
5 990
4 778
14 003
-
unemployment
1 432
1 142
3 348
-
chamber of commerce
190
152
486
-
surtax
188
188
188
-
health
1 803
1 439
4 218
-
total
13 922
11 143
33 024
-
Corporate
92 846
105 295
117 852
-
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.

23 212
26 324
29 463
-
total
23 212
26 324
29 463
-
Dividends
69 634
78 971
-
-
withholding
19 149
21 717
-
-
total
19 149
21 717
-
-
Income
154 500
154 500
154 500
154 500
Total tax
70 361
68 885
113 808
75 240
After tax
84 139
85 615
40 692
79 260
Living cost
33 654
33 654
33 654
33 654
Free-cash
50 485
51 961
7 038
45 606

Estimated living cost  is ₽33654 per week

₽22445
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2871
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽553
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7785
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽37286
₽51611
₽20340
₽32069
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
23 812
national
-
-
-
55 954
communal

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

-
-
-
7 841
total
-
-
-
87 607
Employee

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

68 318
-
119 663
-
national
21 004
-
42 622
-
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.

594
-
1 040
-
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.

3 210
-
5 624
-
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.

5 124
-
8 975
-
communal

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

3 563
-
6 242
-
total
33 495
-
64 503
-
Employer

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

68 318
-
119 663
-
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.

888
-
1 555
-
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.

6 054
-
10 603
-
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.

997
-
1 747
-
surtax
7 746
-
13 568
-
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.

4 201
-
7 360
-
total
19 886
-
34 833
-
Corporate
66 296
154 500
-
-
income
13 260
30 901
-
-
surtax
265
618
-
-
total
13 525
31 519
-
-
Dividends
52 771
122 981
-
-
withholding

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

15 484
36 546
-
-
total
15 484
36 546
-
-
Income
154 500
154 500
154 500
154 500
Total tax
82 390
68 065
99 336
87 607
After tax
72 110
86 435
55 164
66 893
Living cost
34 824
34 824
34 824
34 824
Free-cash
37 286
51 611
20 340
32 069

Estimated living cost  is ₽34824 per week

₽22431
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3045
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽546
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8803
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽61863
₽68657
₽48359
₽52366
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
89
unemployment
-
-
-
620
income
-
-
-
41 084
pensions
-
-
-
25 052
accident
-
-
-
797
total
-
-
-
67 642
Employee
47 542
-
126 278
-
unemployment
738
-
1 372
-
other
47
-
89
-
pensions
2 235
-
4 161
-
income
10 031
-
37 805
-
total
13 051
-
43 427
-
Employer
47 542
-
126 278
-
other
379
-
709
-
accident
941
-
1 753
-
pensions
11 219
-
20 892
-
unemployment
2 615
-
4 868
-
total
15 154
-
28 222
-
Corporate
91 804
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.

13 771
23 176
-
-
total
13 771
23 176
-
-
Dividends
78 033
131 324
-
-
withholding
16 169
28 175
-
-
total
16 169
28 175
-
-
Income
154 500
154 500
154 500
154 500
Total tax
58 145
51 351
71 649
67 642
After tax
96 355
103 149
82 851
86 858
Living cost
34 492
34 492
34 492
34 492
Free-cash
61 863
68 657
48 359
52 366

Estimated living cost  is ₽34492 per week

₽25400
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2447
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽497
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6148
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽27748
₽39302
₽32179
₽26021
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
23 837
pensions
-
-
-
23 158
accident
-
-
-
1 303
communal
-
-
-
9 764
health
-
-
-
10 855
surtax
-
-
-
7 659
total
-
-
-
76 576
Employee
72 328
-
138 008
-
surtax
4 433
-
8 459
-
health
3 219
-
6 141
-
pensions
5 785
-
11 041
-
income
6 986
-
28 285
-
total
20 423
-
53 926
-
Employer
72 328
-
138 008
-
accident
651
-
1 242
-
pensions
5 785
-
11 041
-
health
2 206
-
4 209
-
total
8 642
-
16 492
-
Corporate
73 530
154 500
-
-
income
11 029
23 176
-
-
communal
4 963
10 429
-
-
surtax
772
1 622
-
-
total
16 764
35 227
-
-
Dividends
56 767
119 273
-
-
withholding
8 515
17 891
-
-
income
20 505
10 177
-
-
total
29 020
28 068
-
-
Income
154 500
154 500
154 500
154 500
Total tax
74 849
63 295
70 418
76 576
After tax
79 651
91 205
84 082
77 924
Living cost
51 903
51 903
51 903
51 903
Free-cash
27 748
39 302
32 179
26 021

Estimated living cost  is ₽51903 per week

₽38935
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3145
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽549
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9273
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽72690
₽75730
₽45840
₽51841
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
-
unemployment
-
-
-
217
income
-
-
-
40 470
pensions
-
-
-
25 494
health
-
-
-
9 050
surtax
-
-
-
5 976
total
-
-
-
81 207
Employee
32 164
-
127 668
-
surtax
114
-
4 995
-
unemployment
2 238
-
8 872
-
other
-
-
-
-
health
821
-
3 250
-
pensions
2 146
-
8 502
-
income
5 392
-
34 757
-
total
10 711
-
60 376
-
Employer
32 164
-
127 668
-
other
-
-
-
-
pensions
4 288
-
16 992
-
unemployment
1 020
-
4 040
-
health
1 463
-
5 800
-
total
6 771
-
26 832
-
Corporate
115 565
154 500
-
-
income
30 047
40 169
-
-
total
30 047
40 169
-
-
Dividends
85 518
114 331
-
-
withholding
12 829
17 149
-
-
total
12 829
17 149
-
-
Income
154 500
154 500
154 500
154 500
Total tax
60 358
57 318
87 208
81 207
After tax
94 142
97 182
67 292
73 293
Living cost
21 452
21 452
21 452
21 452
Free-cash
72 690
75 730
45 840
51 841

Estimated living cost  is ₽21452 per week

₽12952
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1865
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.
₽6139
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽53361
₽55480
₽41453
₽48392
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
regional
-
-
-
2 330
social contributions
-
-
-
39 738
municipal
-
-
-
919
national
-
-
-
37 393
total
-
-
-
80 380
Employee
52 980
-
154 500
-
national
8 393
-
32 325
-
regional
713
-
2 078
-
municipal
281
-
819
-
social contributions
17 865
-
52 097
-
total
27 252
-
87 319
-
Employer
52 980
-
154 500
-
total
-
-
-
-
Corporate
101 520
154 500
-
-
nationa
24 365
37 079
-
-
municipal
5 046
7 679
-
-
total
29 411
44 758
-
-
Dividends
72 109
109 741
-
-
withholding
18 748
28 534
-
-
total
18 748
28 534
-
-
Income
154 500
154 500
154 500
154 500
Total tax
75 411
73 292
87 319
80 380
After tax
79 089
81 208
67 181
74 120
Living cost
25 728
25 728
25 728
25 728
Free-cash
53 361
55 480
41 453
48 392

Estimated living cost  is ₽25728 per week

₽16000
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2606
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽440
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6681
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽66714
₽77141
₽49171
₽55349
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
34 135
income
-
-
-
14 926
health
-
-
-
20 858
solidarity contribution
-
-
-
-
total
-
-
-
69 919
Employee
42 988
-
115 299
-
solidarity contribution
-
-
-
-
health
5 803
-
15 565
-
social contributions
2 794
-
7 494
-
income
5 158
-
13 836
-
total
13 755
-
36 895
-
Employer
42 988
-
115 299
-
social contributions
10 747
-
28 825
-
health
3 869
-
10 377
-
total
14 616
-
39 202
-
Corporate
96 897
154 500
-
-
income
18 410
29 355
-
-
total
18 410
29 355
-
-
Dividends
78 486
125 145
-
-
withholding
11 773
18 772
-
-
total
11 773
18 772
-
-
Income
154 500
154 500
154 500
154 500
Total tax
58 554
48 127
76 097
69 919
After tax
95 946
106 373
78 403
84 581
Living cost
29 232
29 232
29 232
29 232
Free-cash
66 714
77 141
49 171
55 349

Estimated living cost  is ₽29232 per week

₽21738
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1619
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽506
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5368
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽54775
₽55245
₽10278
₽48977
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
chamber of commerce
-
-
-
618
unemployment
-
-
-
5 858
income
-
-
-
39 399
pensions
-
-
-
20 642
health
-
-
-
8 535
surtax
-
-
-
-
total
-
-
-
75 052
Employee
41 750
38 062
121 653
-
unemployment
1 252
1 142
3 348
-
other
417
381
1 116
-
health
1 615
1 474
4 317
-
pensions
4 276
3 897
11 426
-
income
3 719
2 807
31 189
-
total
11 279
9 701
51 396
-
Employer
41 750
38 062
121 653
-
payroll
1 252
1 142
3 650
-
other
1 983
1 807
5 693
-
accident
542
495
1 450
-
pensions
5 240
4 778
14 003
-
unemployment
1 252
1 142
3 348
-
chamber of commerce
167
152
486
-
surtax
-
-
-
-
health
1 579
1 439
4 218
-
total
12 015
10 955
32 848
-
Corporate
100 736
105 484
118 028
-
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.

25 184
26 371
29 507
-
total
25 184
26 371
29 507
-
Dividends
75 552
79 113
-
-
withholding
20 776
21 757
-
-
total
20 776
21 757
-
-
Income
154 500
154 500
154 500
154 500
Total tax
69 254
68 784
113 751
75 052
After tax
85 246
85 716
40 749
79 448
Living cost
30 471
30 471
30 471
30 471
Free-cash
54 775
55 245
10 278
48 977

Estimated living cost  is ₽30471 per week

₽18279
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3112
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽544
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8537
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽132296
₽134582
₽111407
₽140762
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
15 241
-
154 500
-
income
3 048
-
30 900
-
total
3 048
-
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%.

139 259
154 500
-
-
total
-
-
-
-
Dividends
139 259
154 500
-
-
withholding
6 963
7 725
-
-
total
6 963
7 725
-
-
Income
154 500
154 500
154 500
154 500
Total tax
10 011
7 725
30 900
1 545
After tax
144 489
146 775
123 600
152 955
Living cost
12 193
12 193
12 193
12 193
Free-cash
132 296
134 582
111 407
140 762

Estimated living cost  is ₽12193 per week

₽8251
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽512
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽409
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3021
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽72766
₽80755
₽46444
₽50538
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
unemployment
-
-
-
232
income
-
-
-
34 693
pensions
-
-
-
28 216
health
-
-
-
15 203
total
-
-
-
78 344
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.

42 234
-
133 684
-
unemployment
60
-
187
-
health
2 728
-
8 636
-
pensions
6 547
-
20 722
-
income
7 283
-
32 076
-
total
16 618
-
61 621
-
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.

42 234
-
133 684
-
pensions
3 737
-
11 832
-
unemployment
25
-
80
-
health
2 813
-
8 905
-
total
6 575
-
20 817
-
Corporate
105 690
154 500
-
-
income
20 082
29 355
-
-
total
20 082
29 355
-
-
Dividends
85 608
125 145
-
-
withholding
12 841
18 772
-
-
total
12 841
18 772
-
-
Income
154 500
154 500
154 500
154 500
Total tax
56 116
48 127
82 438
78 344
After tax
98 384
106 373
72 062
76 156
Living cost
25 618
25 618
25 618
25 618
Free-cash
72 766
80 755
46 444
50 538

Estimated living cost  is ₽25618 per week

₽17581
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1642
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽497
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5900
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽8577
₽53368
₽101482
₽66142
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
154 500
social contributions
-
-
-
17 613
income
-
-
-
30 115
total
-
-
-
47 728
Employee
58 258
-
-
-
social contributions
4 777
-
681
-
income
12 851
-
-
-
total
17 628
-
681
-
Employer
58 258
-
-
-
social contributions
82 144
-
11 707
-
total
82 144
-
11 707
-
Corporate
14 098
154 500
-
-
income
3 102
33 990
-
-
total
3 102
33 990
-
-
Dividends
10 996
120 510
-
-
income
2 419
26 512
-
-
total
2 419
26 512
-
-
Income
154 500
154 500
154 500
154 500
Total tax
105 293
60 502
12 388
47 728
After tax
49 207
93 998
142 112
106 772
Living cost
40 630
40 630
40 630
40 630
Free-cash
8 577
53 368
101 482
66 142

Estimated living cost  is ₽40630 per week

₽26363
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3821
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽518
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9929
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽56958
₽57921
₽41951
₽53296
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
154 500
social contributions

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

-
-
-
53 689
income
-
-
-
17 557
surtax
-
-
-
-
total
-
-
-
71 246
Employee
43 927
-
124 848
-
surtax
-
-
-
-
social contributions
4 832
-
13 733
-
income
9 137
-
39 206
-
total
13 969
-
52 939
-
Employer
43 927
-
124 848
-
social contributions
10 433
-
29 652
-
total
10 433
-
29 652
-
Corporate
100 141
154 500
-
-
income
21 030
32 445
-
-
surtax
-
-
-
-
total
21 030
32 445
-
-
Dividends
79 111
122 055
-
-
withholding
22 152
34 176
-
-
total
22 152
34 176
-
-
Income
154 500
154 500
154 500
154 500
Total tax
67 584
66 621
82 591
71 246
After tax
86 916
87 879
71 909
83 254
Living cost
29 958
29 958
29 958
29 958
Free-cash
56 958
57 921
41 951
53 296

Estimated living cost  is ₽29958 per week

₽22415
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1767
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.
₽5276
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽38307
₽31738
₽40304
₽41159
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
4 790
social contributions
-
-
-
4 402
income
-
-
-
23 058
pensions
-
-
-
28 858
health
-
-
-
6 104
surtax
-
-
-
-
total
-
-
-
67 212
Employee
59 819
-
120 487
-
surtax
-
-
-
-
pensions
6 766
-
7 998
-
social contributions
1 704
-
3 435
-
income
5 219
-
22 621
-
total
13 689
-
34 054
-
Employer
59 819
-
120 487
-
other
2 064
-
4 539
-
pensions
9 829
-
13 534
-
unemployment
2 423
-
4 879
-
social contributions
179
-
361
-
health
4 187
-
10 700
-
total
18 682
-
34 013
-
Corporate
75 998
154 500
-
-
income
21 280
43 260
-
-
surtax
-
-
-
-
total
21 280
43 260
-
-
Dividends
54 718
111 240
-
-
withholding
7 003
14 239
-
-
social contributions
9 410
19 134
-
-
surtax
-
-
-
-
total
16 413
33 373
-
-
Income
154 500
154 500
154 500
154 500
Total tax
70 064
76 633
68 067
67 212
After tax
84 436
77 867
86 433
87 288
Living cost
46 129
46 129
46 129
46 129
Free-cash
38 307
31 738
40 304
41 159

Estimated living cost  is ₽46129 per week

₽31220
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3774
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽633
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10503
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽107130
₽110341
₽89655
₽85550
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
6 251
social contributions
-
-
-
33 989
total
-
-
-
40 240
Employee
30 705
-
133 767
-
social contributions
1 996
-
8 694
-
income
-
-
6 708
-
total
1 996
-
15 402
-
Employer
30 705
-
133 767
-
social contributions
4 760
-
20 733
-
total
4 760
-
20 733
-
Corporate
119 035
154 500
-
-
income
11 904
15 449
-
-
total
11 904
15 449
-
-
Dividends
107 131
139 051
-
-
total
-
-
-
-
Income
154 500
154 500
154 500
154 500
Total tax
18 660
15 449
36 135
40 240
After tax
135 840
139 051
118 365
114 260
Living cost
28 710
28 710
28 710
28 710
Free-cash
107 130
110 341
89 655
85 550

Estimated living cost  is ₽28710 per week

₽18563
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2164
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽540
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7442
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽53319
-₽53319
-₽53319
₽45964
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
pensions
-
-
-
827
municipal
-
-
-
31 782
labour market
-
-
-
12 294
national
-
-
-
17 696
total
-
-
-
62 599
Employee
193 887
193 887
193 887
-
national
23 687
23 687
23 687
-
municipal
41 287
41 287
41 287
-
labour market
15 489
15 489
15 489
-
pensions
276
276
276
-
total
80 739
80 739
80 739
-
Employer
193 887
193 887
193 887
-
municipal
41 353
41 353
41 353
-
pensions
551
551
551
-
national
23 728
23 728
23 728
-
labour market
15 511
15 511
15 511
-
total
81 143
81 143
81 143
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
154 500
154 500
154 500
154 500
Total tax
161 882
161 882
161 882
62 599
After tax
-7 382
-7 382
-7 382
91 901
Living cost
45 937
45 937
45 937
45 937
Free-cash
-53 319
-53 319
-53 319
45 964

Estimated living cost  is ₽45937 per week

₽31439
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4064
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽706
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9727
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽9268
-₽8653
₽62139
₽84512
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
362
income
-
-
-
42 018
pensions
-
-
-
4 063
accident
-
-
-
247
health
-
-
-
2 130
total
-
-
-
48 820
Employee
33 299
-
138 053
-
health
3 813
-
15 807
-
pensions
3 750
-
7 451
-
income
4 568
-
31 489
-
total
12 131
-
54 747
-
Employer
33 299
-
138 053
-
accident
556
-
2 305
-
pensions
5 414
-
10 759
-
unemployment
816
-
3 382
-
total
6 786
-
16 446
-
Corporate
114 415
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.

102 973
139 050
-
-
total
102 973
139 050
-
-
Dividends
11 441
15 450
-
-
withholding
2 174
2 935
-
-
total
2 174
2 935
-
-
Income
154 500
154 500
154 500
154 500
Total tax
124 064
141 985
71 193
48 820
After tax
30 436
12 515
83 307
105 680
Living cost
21 168
21 168
21 168
21 168
Free-cash
9 268
-8 653
62 139
84 512

Estimated living cost  is ₽21168 per week

₽15408
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1207
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽397
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4156
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽63069
₽60997
₽45253
₽64979
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
municipal
-
-
-
27 453
national
-
-
-
23 419
health
-
-
-
1 981
total
-
-
-
52 853
Employee
50 249
-
129 974
-
national
830
-
14 550
-
unemployment
754
-
1 950
-
health
375
-
1 602
-
municipal
8 230
-
21 177
-
pensions
3 391
-
8 774
-
total
13 580
-
48 053
-
Employer
50 249
-
129 974
-
accident
51
-
130
-
pensions
8 718
-
22 551
-
unemployment
326
-
845
-
health
386
-
1 000
-
total
9 481
-
24 526
-
Corporate
94 770
154 500
-
-
income
18 955
30 901
-
-
total
18 955
30 901
-
-
Dividends

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

56 861
92 700
-
-
municipal
10 235
16 685
-
-
national
2 512
9 249
-
-
total
12 747
25 934
-
-
Income
154 500
154 500
154 500
154 500
Total tax
54 763
56 835
72 579
52 853
After tax
99 737
97 665
81 921
101 647
Living cost
36 668
36 668
36 668
36 668
Free-cash
63 069
60 997
45 253
64 979

Estimated living cost  is ₽36668 per week

₽23952
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3527
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽584
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8607
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽85442
₽90641
₽82781
₽84176
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
15 453
income
-
-
-
28 818
health
-
-
-
3 940
total
-
-
-
48 211
Employee
73 442
73 442
143 622
-
health
569
1 249
2 441
-
social contributions
2 777
6 095
8 221
-
income
7 997
6 799
28 066
-
total
11 343
14 143
38 728
-
Employer
73 442
73 442
143 622
-
social contributions
2 777
6 095
8 221
-
health
618
1 359
2 657
-
total
3 395
7 454
10 878
-
Corporate
117 650
73 604
-
-
income
14 706
9 200
-
-
total
14 706
9 200
-
-
Dividends
102 944
64 404
-
-
withholding
17 501
10 949
-
-
total
17 501
10 949
-
-
Income
154 500
154 500
154 500
154 500
Total tax
46 945
41 746
49 606
48 211
After tax
107 555
112 754
104 894
106 289
Living cost
22 113
22 113
22 113
22 113
Free-cash
85 442
90 641
82 781
84 176

Estimated living cost  is ₽22113 per week

₽13253
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.
₽489
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6202
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽107919
₽112778
₽95015
₽114173
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
unemployment
-
-
-
27
income
-
-
-
15 605
pensions
-
-
-
6 075
health
-
-
-
3 456
total
-
-
-
25 163
Employee

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

21 923
-
145 166
-
unemployment
109
-
453
-
health
1 863
-
7 703
-
pensions
3 288
-
13 593
-
income
1 499
-
13 238
-
total
6 759
-
34 987
-
Employer

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

21 923
-
145 166
-
pensions
1 205
-
4 984
-
unemployment
109
-
453
-
health
942
-
3 897
-
total
2 256
-
9 334
-
Corporate
130 321
154 500
-
-
income
11 728
13 905
-
-
total
11 728
13 905
-
-
Dividends
118 593
140 595
-
-
withholding
10 674
12 653
-
-
total
10 674
12 653
-
-
Income
154 500
154 500
154 500
154 500
Total tax
31 417
26 558
44 321
25 163
After tax
123 083
127 942
110 179
129 337
Living cost
15 164
15 164
15 164
15 164
Free-cash
107 919
112 778
95 015
114 173

Estimated living cost  is ₽15164 per week

₽9675
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1093
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽451
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3944
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽72669
₽76885
₽56587
₽60594
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
89
unemployment
-
-
-
620
income
-
-
-
41 084
pensions
-
-
-
25 052
accident
-
-
-
797
total
-
-
-
67 642
Employee
35 315
-
126 278
-
unemployment
547
-
1 372
-
other
34
-
89
-
pensions
1 660
-
4 161
-
income
6 808
-
37 805
-
total
9 049
-
43 427
-
Employer
35 315
-
126 278
-
other
283
-
709
-
accident
700
-
1 753
-
pensions
8 334
-
20 892
-
unemployment
1 943
-
4 868
-
total
11 260
-
28 222
-
Corporate
107 926
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.

16 189
23 176
-
-
total
16 189
23 176
-
-
Dividends
91 737
131 324
-
-
withholding
19 069
28 175
-
-
total
19 069
28 175
-
-
Income
154 500
154 500
154 500
154 500
Total tax
55 567
51 351
71 649
67 642
After tax
98 933
103 149
82 851
86 858
Living cost
26 264
26 264
26 264
26 264
Free-cash
72 669
76 885
56 587
60 594

Estimated living cost  is ₽26264 per week

₽17728
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2525
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽460
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5552
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽94301
₽94598
₽97424
₽97553
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
52 860
pensions
-
-
-
1 320
health
-
-
-
957
total
-
-
-
55 137
Employee
2 757
-
153 015
-
unemployment
28
-
66
-
health
138
-
330
-
pensions
248
-
594
-
income
533
-
52 791
-
total
947
-
53 781
-
Employer
2 757
-
153 015
-
pensions
303
-
726
-
unemployment
55
-
132
-
health
262
-
627
-
total
620
-
1 485
-
Corporate
151 123
154 500
-
-
income
33 247
33 990
-
-
total
33 247
33 990
-
-
Dividends
117 876
120 510
-
-
withholding
23 575
24 102
-
-
total
23 575
24 102
-
-
Income
154 500
154 500
154 500
154 500
Total tax
58 389
58 092
55 266
55 137
After tax
96 111
96 408
99 234
99 363
Living cost
1 810
1 810
1 810
1 810
Free-cash
94 301
94 598
97 424
97 553

Estimated living cost  is ₽1810 per week

₽1076
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽147
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽41
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽546
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽90450
₽95139
₽76739
₽76738
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
unemployment
-
-
-
1 057
income
-
-
-
34 643
pensions
-
-
-
18 318
health
-
-
-
7 257
total
-
-
-
61 275
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.

24 861
-
141 889
-
unemployment
186
-
528
-
health
1 280
-
3 628
-
pensions
3 481
-
9 864
-
income
3 427
-
34 643
-
total
8 374
-
48 663
-
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.

24 861
-
141 889
-
pensions
2 983
-
8 455
-
unemployment
186
-
528
-
health
1 280
-
3 628
-
total
4 449
-
12 611
-
Corporate
125 189
154 500
-
-
income
18 778
23 175
-
-
total
18 778
23 175
-
-
Dividends
106 410
131 325
-
-
withholding
15 962
19 699
-
-
total
15 962
19 699
-
-
Income
154 500
154 500
154 500
154 500
Total tax
47 563
42 874
61 274
61 275
After tax
106 937
111 626
93 226
93 225
Living cost
16 487
16 487
16 487
16 487
Free-cash
90 450
95 139
76 739
76 738

Estimated living cost  is ₽16487 per week

₽11101
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1275
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽477
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3634
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽61788
₽62131
₽46161
₽57506
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
154 500
social contributions

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

-
-
-
53 689
income
-
-
-
17 557
surtax
-
-
-
-
total
-
-
-
71 246
Employee
37 069
-
124 848
-
surtax
-
-
-
-
social contributions
4 078
-
13 733
-
income
7 243
-
39 206
-
total
11 321
-
52 939
-
Employer
37 069
-
124 848
-
social contributions
8 803
-
29 652
-
total
8 803
-
29 652
-
Corporate
108 628
154 500
-
-
income
22 812
32 445
-
-
surtax
-
-
-
-
total
22 812
32 445
-
-
Dividends
85 816
122 055
-
-
withholding
24 028
34 176
-
-
total
24 028
34 176
-
-
Income
154 500
154 500
154 500
154 500
Total tax
66 964
66 621
82 591
71 246
After tax
87 536
87 879
71 909
83 254
Living cost
25 748
25 748
25 748
25 748
Free-cash
61 788
62 131
46 161
57 506

Estimated living cost  is ₽25748 per week

₽18237
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1789
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽457
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5267
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽63115
₽69583
₽49285
₽53292
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
89
unemployment
-
-
-
620
income
-
-
-
41 084
pensions
-
-
-
25 052
accident
-
-
-
797
total
-
-
-
67 642
Employee
46 126
-
126 278
-
unemployment
714
-
1 372
-
other
45
-
89
-
pensions
2 168
-
4 161
-
income
9 634
-
37 805
-
total
12 561
-
43 427
-
Employer
46 126
-
126 278
-
other
370
-
709
-
accident
913
-
1 753
-
pensions
10 886
-
20 892
-
unemployment
2 537
-
4 868
-
total
14 706
-
28 222
-
Corporate
93 667
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.

14 050
23 176
-
-
total
14 050
23 176
-
-
Dividends
79 617
131 324
-
-
withholding
16 502
28 175
-
-
total
16 502
28 175
-
-
Income
154 500
154 500
154 500
154 500
Total tax
57 819
51 351
71 649
67 642
After tax
96 681
103 149
82 851
86 858
Living cost
33 566
33 566
33 566
33 566
Free-cash
63 115
69 583
49 285
53 292

Estimated living cost  is ₽33566 per week

₽24106
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2610
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽473
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6378
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽109849
₽115670
₽111902
₽105991
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
unemployment
-
-
-
133
income
-
-
-
23 175
pensions

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

-
-
-
4 937
health
-
-
-
3 836
total
-
-
-
32 081
Employee
21 754
-
147 955
-
accident

We are using the highest rate at 1.1%.

239
-
367
-
health
1 001
-
1 534
-
pensions

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

1 910
-
2 929
-
income
2 176
-
14 795
-
total
5 326
-
19 625
-
Employer
21 754
-
147 955
-
accident

We are using the highest rate at 1.1%.

239
-
367
-
pensions

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

2 397
-
3 676
-
unemployment
131
-
200
-
health
1 501
-
2 302
-
total
4 268
-
6 545
-
Corporate
128 478
154 500
-
-
income
12 848
15 450
-
-
total
12 848
15 450
-
-
Dividends
115 630
139 050
-
-
withholding
5 781
6 952
-
-
total
5 781
6 952
-
-
Income
154 500
154 500
154 500
154 500
Total tax
28 223
22 402
26 170
32 081
After tax
126 277
132 098
128 330
122 419
Living cost
16 428
16 428
16 428
16 428
Free-cash
109 849
115 670
111 902
105 991

Estimated living cost  is ₽16428 per week

₽10866
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽941
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽392
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4231
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽55156
₽42662
₽62325
₽46526
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
trade
-
-
-
15 799
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.

-
-
-
46 234
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.

-
-
-
6 525
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.

-
-
-
2 543
total
-
-
-
71 101
Employee

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

47 521
-
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
-
2 543
-
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.

6 525
-
6 525
-
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.

3 908
-
46 234
-
total
10 649
-
55 302
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
106 979
154 500
-
-
trade
15 352
22 170
-
-
income
16 047
23 176
-
-
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.

883
1 274
-
-
chamber of commerce
303
372
-
-
total
32 585
46 992
-
-
Dividends
74 394
107 508
-
-
withholding
18 235
26 514
-
-
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
1 459
-
-
total
19 237
27 973
-
-
Income
154 500
154 500
154 500
154 500
Total tax
62 471
74 965
55 302
71 101
After tax
92 029
79 535
99 198
83 399
Living cost
36 873
36 873
36 873
36 873
Free-cash
55 156
42 662
62 325
46 526

Estimated living cost  is ₽36873 per week

₽25436
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3967
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽535
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6934
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽55853
₽53744
₽28623
₽28623
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
25 458
income
-
-
-
46 013
total
-
-
-
71 471
Employee
74 709
-
154 500
-
social contributions
6 207
-
25 458
-
income
14 097
-
46 013
-
total
20 304
-
71 471
-
Employer
74 709
-
154 500
-
total
-
-
-
-
Corporate
79 791
154 500
-
-
income
9 974
19 312
-
-
total
9 974
19 312
-
-
Dividends
69 817
135 188
-
-
withholding
13 963
27 038
-
-
total
13 963
27 038
-
-
Income
154 500
154 500
154 500
154 500
Total tax
44 241
46 350
71 471
71 471
After tax
110 259
108 150
83 029
83 029
Living cost
54 406
54 406
54 406
54 406
Free-cash
55 853
53 744
28 623
28 623

Estimated living cost  is ₽54406 per week

₽41391
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4433
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽520
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8062
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽64046
₽60709
₽76022
₽86823
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

We use The Residence Programme or The Global Residence Programme.

-
-
-
154 500
health

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

-
-
-
5 820
income
-
-
-
27 187
total
-
-
-
33 007
Employee
43 814
-
150 107
-
social contributions
4 390
-
4 393
-
income
4 754
-
35 022
-
total
9 144
-
39 415
-
Employer
43 814
-
150 107
-
social contributions
4 390
-
4 393
-
total
4 390
-
4 393
-
Corporate
106 296
154 500
-
-
income
37 204
54 075
-
-
total
37 204
54 075
-
-
Dividends
69 092
100 425
-
-
social contributions
5 046
5 046
-
-
total
5 046
5 046
-
-
Income
154 500
154 500
154 500
154 500
Total tax
55 784
59 121
43 808
33 007
After tax
98 716
95 379
110 692
121 493
Living cost
34 670
34 670
34 670
34 670
Free-cash
64 046
60 709
76 022
86 823

Estimated living cost  is ₽34670 per week

₽22837
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2733
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽531
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8567
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽72980
₽67411
₽54322
₽68367
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
42 979
pensions
-
-
-
8 236
total
-
-
-
51 215
Employee
47 929
-
135 066
-
health
625
-
2 002
-
pensions
3 658
-
10 211
-
income
8 728
-
33 613
-
total
13 011
-
45 826
-
Employer
47 929
-
135 066
-
pensions
4 842
-
16 867
-
health
911
-
2 567
-
total
5 753
-
19 434
-
Corporate
100 817
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.

19 154
29 355
-
-
total
19 154
29 355
-
-
Dividends
81 663
125 145
-
-
withholding
8 684
22 816
-
-
total
8 684
22 816
-
-
Income
154 500
154 500
154 500
154 500
Total tax
46 602
52 171
65 260
51 215
After tax
107 898
102 329
89 240
103 285
Living cost
34 918
34 918
34 918
34 918
Free-cash
72 980
67 411
54 322
68 367

Estimated living cost  is ₽34918 per week

₽23953
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3211
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽437
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7314
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details

Additional information

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

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

Source of data for Edinburgh model

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Warsaw , Poland
₽8946
-₽10749
₽60043
₽82416
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
362
income
-
-
-
42 018
pensions
-
-
-
4 063
accident
-
-
-
247
health
-
-
-
2 130
total
-
-
-
48 820
Employee
36 595
-
138 053
-
health
4 190
-
15 807
-
pensions
4 121
-
7 451
-
income
5 021
-
31 489
-
total
13 332
-
54 747
-
Employer
36 595
-
138 053
-
accident
611
-
2 305
-
pensions
5 950
-
10 759
-
unemployment
896
-
3 382
-
total
7 457
-
16 446
-
Corporate
110 447
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.

99 403
139 050
-
-
total
99 403
139 050
-
-
Dividends
11 045
15 450
-
-
withholding
2 098
2 935
-
-
total
2 098
2 935
-
-
Income
154 500
154 500
154 500
154 500
Total tax
122 290
141 985
71 193
48 820
After tax
32 210
12 515
83 307
105 680
Living cost
23 264
23 264
23 264
23 264
Free-cash
8 946
-10 749
60 043
82 416

Estimated living cost  is ₽23264 per week

₽17073
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1356
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.
₽4366
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

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

Source of data for Warsaw model

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Skopje , Macedonia
₽112645
₽117114
₽95339
₽74339
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
unemployment
-
-
-
1 833
income
-
-
-
25 266
pensions
-
-
-
28 099
health insurance
-
-
-
11 301
work injury
-
-
-
764
total
-
-
-
67 263
Employee

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

20 637
-
154 500
-
health insurance
1 527
-
5 650
-
unemployment
248
-
916
-
work injury
103
-
382
-
pensions
3 797
-
14 049
-
income
2 064
-
25 266
-
total
7 739
-
46 263
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
133 863
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%.

1 339
1 545
-
-
total
1 339
1 545
-
-
Dividends
132 524
152 955
-
-
withholding
19 879
22 943
-
-
total
19 879
22 943
-
-
Income
154 500
154 500
154 500
154 500
Total tax
28 957
24 488
46 263
67 263
After tax
125 543
130 012
108 237
87 237
Living cost
12 898
12 898
12 898
12 898
Free-cash
112 645
117 114
95 339
74 339

Estimated living cost  is ₽12898 per week

₽7991
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽937
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽402
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3568
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽38988
₽43333
₽27985
₽34764
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
regional
-
-
-
3 524
social contributions
-
-
-
39 738
municipal
-
-
-
1 033
national
-
-
-
37 393
total
-
-
-
81 688
Employee
80 482
-
154 500
-
national
13 601
-
32 325
-
regional
1 215
-
3 124
-
municipal
480
-
921
-
social contributions
27 138
-
52 097
-
total
42 434
-
88 467
-
Employer
80 482
-
154 500
-
total
-
-
-
-
Corporate
74 018
154 500
-
-
nationa
17 764
37 079
-
-
municipal
3 567
7 447
-
-
total
21 331
44 526
-
-
Dividends
52 688
109 973
-
-
withholding
13 699
28 593
-
-
total
13 699
28 593
-
-
Income
154 500
154 500
154 500
154 500
Total tax
77 464
73 119
88 467
81 688
After tax
77 036
81 381
66 033
72 812
Living cost
38 048
38 048
38 048
38 048
Free-cash
38 988
43 333
27 985
34 764

Estimated living cost  is ₽38048 per week

₽26726
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2617
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽575
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8129
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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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