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
₽47987
₽69701
₽52612
₽58934
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
154 500
income

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

-
-
-
45 563
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.

-
-
-
2 507
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.

-
-
-
6 760
trade
-
-
-
17 089
total
-
-
-
71 919
Employee

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

37 844
-
154 500
-
surtax

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

58
-
2 507
-
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.

1 057
-
45 563
-
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.

6 760
-
6 760
-
total
7 875
-
54 830
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
116 656
154 500
-
-
income
17 498
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.

963
1 275
-
-
chamber of commerce
317
372
-
-
trade
18 373
24 334
-
-
total
37 151
49 157
-
-
Dividends
79 504
105 343
-
-
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.

1 072
1 427
-
-
withholding
19 499
25 960
-
-
total
20 571
27 387
-
-
Income
154 500
154 500
154 500
154 500
Total tax
65 597
76 544
54 830
71 919
After tax
88 903
77 956
99 670
82 581
Living cost
29 969
29 969
29 969
29 969
Free-cash
58 934
47 987
69 701
52 612

Estimated living cost  is ₽29969 per week

₽18852
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3494
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.
₽7064
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽44006
₽40455
₽39242
₽43135
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
154 500
social contributions
-
-
-
1 661
municipal
-
-
-
16 730
national
-
-
-
25 925
pensions
-
-
-
18 540
total
-
-
-
62 856
Employee
81 232
-
133 564
-
municipal
10 033
-
17 328
-
pensions
3 249
-
5 343
-
national
15 548
-
26 851
-
total
28 830
-
49 522
-
Employer
81 232
-
133 564
-
pensions
6 499
-
10 685
-
social contributions
873
-
1 436
-
total
7 372
-
12 121
-
Corporate
60 535
154 500
-
-
income

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

12 107
30 900
-
-
total
12 107
30 900
-
-
Dividends
48 428
123 600
-
-
withholding
10 654
27 192
-
-
total
10 654
27 192
-
-
Income
154 500
154 500
154 500
154 500
Total tax
58 963
58 092
61 643
62 856
After tax
95 537
96 408
92 857
91 644
Living cost
52 402
52 402
52 402
52 402
Free-cash
43 135
44 006
40 455
39 242

Estimated living cost  is ₽52402 per week

₽35617
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4871
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽784
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽11129
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽103014
₽72777
₽30918
₽94899
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

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

-
-
-
154 500
income
-
-
-
25 690
surtax
-
-
-
39 397
social contributions

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

-
-
-
37 910
microenterprise
-
-
-
-
total
-
-
-
102 997
Employee
28 912
-
112 067
-
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.

3 181
-
12 327
-
income
5 147
-
21 814
-
total
8 328
-
34 141
-
Employer
28 912
-
112 067
-
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.

6 964
-
26 997
-
surtax
-
-
-
-
total
6 964
-
26 997
-
Corporate
118 624
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%.

23 724
30 901
-
-
total
23 724
30 901
-
-
Dividends

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

94 900
123 599
-
-
total
-
-
-
-
Income
154 500
154 500
154 500
154 500
Total tax
39 016
30 901
61 138
102 997
After tax
115 484
123 599
93 362
51 503
Living cost
20 585
20 585
20 585
20 585
Free-cash
94 899
103 014
72 777
30 918

Estimated living cost  is ₽20585 per week

₽13132
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1960
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽468
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5025
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽34749
₽52930
₽45225
₽28687
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
44 032
health
-
-
-
12 201
pensions
-
-
-
11 593
total
-
-
-
67 826
Employee
84 494
84 494
136 112
-
pensions
15 209
11 593
11 593
-
income

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

13 830
13 830
17 939
-
health
12 969
11 031
12 201
-
total
42 008
36 454
41 733
-
Employer
84 494
84 494
136 112
-
health
5 873
5 873
7 298
-
pensions
5 881
5 881
7 310
-
unemployment
3 042
3 042
3 780
-
total
14 796
14 796
18 388
-
Corporate
56 246
55 210
-
-
income
11 249
11 042
-
-
total
11 249
11 042
-
-
Dividends
44 997
44 167
-
-
income
9 561
9 386
-
-
withholding
6 750
6 624
-
-
total
16 311
16 010
-
-
Income
154 500
154 500
154 500
154 500
Total tax
84 364
78 302
60 121
67 826
After tax
70 136
76 198
94 379
86 674
Living cost
41 449
41 449
41 449
41 449
Free-cash
28 687
34 749
52 930
45 225

Estimated living cost  is ₽41449 per week

₽29374
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3737
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽659
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7680
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽43540
₽39112
₽40102
₽42625
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
154 500
accident
-
-
-
179
other
-
-
-
10 395
unemployment
-
-
-
90
health
-
-
-
5 582
municipal
-
-
-
38 344
national
-
-
-
9 321
pensions
-
-
-
9 670
total
-
-
-
73 581
Employee
58 161
-
126 393
-
municipal
17 344
-
37 690
-
national
-
-
8 773
-
total
17 344
-
46 463
-
Employer
58 161
-
126 393
-
health
3 577
-
5 502
-
pensions
6 287
-
9 670
-
accident
116
-
179
-
unemployment
1 535
-
2 362
-
other
6 758
-
10 395
-
total
18 273
-
28 108
-
Corporate
78 065
154 500
-
-
income
17 174
33 990
-
-
total
17 174
33 990
-
-
Dividends
60 891
120 510
-
-
withholding
18 267
36 153
-
-
total
18 267
36 153
-
-
Income
154 500
154 500
154 500
154 500
Total tax
71 058
70 143
74 571
73 581
After tax
83 442
84 357
79 929
80 919
Living cost
40 817
40 817
40 817
40 817
Free-cash
42 625
43 540
39 112
40 102

Estimated living cost  is ₽40817 per week

₽27052
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4005
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽620
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9140
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽38290
₽60801
₽42954
₽52196
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
154 500
income

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

-
-
-
45 563
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.

-
-
-
2 507
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.

-
-
-
6 760
trade
-
-
-
17 847
total
-
-
-
72 677
Employee

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

50 177
-
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.

237
-
2 507
-
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.

4 311
-
45 563
-
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.

6 760
-
6 760
-
total
11 308
-
54 830
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
104 323
154 500
-
-
income
15 648
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.

860
1 275
-
-
chamber of commerce
299
370
-
-
trade
17 162
25 416
-
-
total
33 969
50 237
-
-
Dividends
70 355
104 263
-
-
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.

946
1 414
-
-
withholding
17 212
25 690
-
-
total
18 158
27 104
-
-
Income
154 500
154 500
154 500
154 500
Total tax
63 435
77 341
54 830
72 677
After tax
91 065
77 159
99 670
81 823
Living cost
38 869
38 869
38 869
38 869
Free-cash
52 196
38 290
60 801
42 954

Estimated living cost  is ₽38869 per week

₽25996
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4099
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽580
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8194
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽80681
₽73085
₽74499
₽76578
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
27 960
social contributions
-
-
-
16 009
health
-
-
-
3 939
total
-
-
-
47 908
Employee
76 083
76 083
143 332
-
social contributions
3 697
6 315
8 517
-
income
7 989
7 043
27 200
-
health
757
1 294
2 437
-
total
12 443
14 652
38 154
-
Employer
76 083
76 083
143 332
-
health
824
1 408
2 651
-
social contributions
3 697
6 315
8 517
-
total
4 521
7 723
11 168
-
Corporate
105 443
70 694
-
-
income
13 181
8 836
-
-
total
13 181
8 836
-
-
Dividends
92 262
61 858
-
-
withholding
15 684
10 515
-
-
total
15 684
10 515
-
-
Income
154 500
154 500
154 500
154 500
Total tax
45 829
41 726
49 322
47 908
After tax
108 671
112 774
105 178
106 592
Living cost
32 093
32 093
32 093
32 093
Free-cash
76 578
80 681
73 085
74 499

Estimated living cost  is ₽32093 per week

₽21939
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2507
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽539
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7109
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽68666
₽71398
₽88863
₽69046
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

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

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

The minimum wage is 138,000 HUF per month.

26 224
10 437
129 289
-
unemployment
393
157
1 939
-
pensions
2 622
1 044
12 929
-
income
3 206
1 276
15 806
-
health
1 836
731
9 050
-
total
8 057
3 208
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.

26 224
10 437
129 289
-
pensions
5 114
2 035
25 211
-
total
5 114
2 035
25 211
-
Corporate
123 162
142 028
-
-
income
11 085
12 783
-
-
total
11 085
12 783
-
-
Dividends
112 077
129 245
-
-
social contributions
21 736
25 084
-
-
withholding
21 295
24 557
-
-
total
43 031
49 641
-
-
Income
154 500
154 500
154 500
154 500
Total tax
67 287
67 667
64 935
47 470
After tax
87 213
86 833
89 565
107 030
Living cost
18 167
18 167
18 167
18 167
Free-cash
69 046
68 666
71 398
88 863

Estimated living cost  is ₽18167 per week

₽12397
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1486
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽363
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3920
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽99700
₽65151
₽58914
₽93556
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
20 703
health
-
-
-
20 085
pensions
-
-
-
30 899
total
-
-
-
71 687
Employee
28 069
-
115 469
-
unemployment
449
-
1 848
-
pensions
561
-
2 310
-
income
3 160
-
22 263
-
total
4 170
-
26 421
-
Employer
28 069
-
115 469
-
health
3 648
-
15 012
-
pensions
5 614
-
23 093
-
unemployment
225
-
924
-
total
9 487
-
39 029
-
Corporate
116 943
154 500
-
-
income
23 388
30 901
-
-
total
23 388
30 901
-
-
Dividends
93 555
123 599
-
-
total
-
-
-
-
Income
154 500
154 500
154 500
154 500
Total tax
37 045
30 901
65 450
71 687
After tax
117 455
123 599
89 050
82 813
Living cost
23 899
23 899
23 899
23 899
Free-cash
93 556
99 700
65 151
58 914

Estimated living cost  is ₽23899 per week

₽16392
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1423
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽481
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5603
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽9548
₽61082
₽83634
₽9131
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
154 500
accident
-
-
-
253
income
-
-
-
41 819
other
-
-
-
372
health
-
-
-
2 187
pensions
-
-
-
4 173
total
-
-
-
48 804
Employee
34 705
-
137 776
-
pensions
3 908
-
7 651
-
income
4 761
-
31 206
-
health
3 974
-
15 775
-
total
12 643
-
54 632
-
Employer
34 705
-
137 776
-
pensions
5 643
-
11 048
-
accident
579
-
2 301
-
unemployment
850
-
3 375
-
total
7 072
-
16 724
-
Corporate
112 722
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.

101 450
139 050
-
-
total
101 450
139 050
-
-
Dividends
11 272
15 450
-
-
withholding
2 142
2 936
-
-
total
2 142
2 936
-
-
Income
154 500
154 500
154 500
154 500
Total tax
123 307
141 986
71 356
48 804
After tax
31 193
12 514
83 144
105 696
Living cost
22 062
22 062
22 062
22 062
Free-cash
9 131
-9 548
61 082
83 634

Estimated living cost  is ₽22062 per week

₽16170
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1222
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.
₽4210
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽138675
₽115500
₽144855
₽137156
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

We expect you will register a microenterprise to benefit from 1% tax rate. Otherwise you will be taxed at a personal income rate of 20%.

-
-
-
154 500
microenterprise

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

-
-
-
1 545
total
-
-
-
1 545
Employee
10 125
-
154 500
-
income
2 025
-
30 900
-
total
2 025
-
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%.

144 375
154 500
-
-
total
-
-
-
-
Dividends
144 375
154 500
-
-
withholding
7 219
7 725
-
-
total
7 219
7 725
-
-
Income
154 500
154 500
154 500
154 500
Total tax
9 244
7 725
30 900
1 545
After tax
145 256
146 775
123 600
152 955
Living cost
8 100
8 100
8 100
8 100
Free-cash
137 156
138 675
115 500
144 855

Estimated living cost  is ₽8100 per week

₽5020
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽673
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽223
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2184
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽87146
₽61673
₽56288
₽80464
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
21 969
other
-
-
-
7 146
health
-
-
-
6 621
pensions

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

-
-
-
36 111
total
-
-
-
71 847
Employee
35 926
-
123 402
-
unemployment
359
-
1 234
-
pensions

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

2 514
-
8 639
-
income
6 185
-
23 764
-
health
503
-
1 727
-
total
9 561
-
35 364
-
Employer
35 926
-
123 402
-
health
503
-
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.

6 108
-
20 979
-
accident
287
-
988
-
unemployment
359
-
1 234
-
other
1 797
-
6 170
-
total
9 054
-
31 098
-
Corporate
109 520
154 500
-
-
income
22 999
32 446
-
-
total
22 999
32 446
-
-
Dividends
86 521
122 054
-
-
withholding
6 057
8 543
-
-
total
6 057
8 543
-
-
Income
154 500
154 500
154 500
154 500
Total tax
47 671
40 989
66 462
71 847
After tax
106 829
113 511
88 038
82 653
Living cost
26 365
26 365
26 365
26 365
Free-cash
80 464
87 146
61 673
56 288

Estimated living cost  is ₽26365 per week

₽18628
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1780
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽424
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5532
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽37264
₽23865
₽37957
₽36281
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
42 122
pensions
-
-
-
8 486
total
-
-
-
50 608
Employee
93 288
-
135 141
-
pensions
9 000
-
10 579
-
income
16 816
-
32 727
-
health
1 537
-
2 035
-
total
27 353
-
45 341
-
Employer
93 288
-
135 141
-
health
1 772
-
2 569
-
pensions
11 015
-
16 790
-
total
12 787
-
19 359
-
Corporate
48 426
154 500
-
-
income

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

9 202
29 355
-
-
total
9 202
29 355
-
-
Dividends
39 224
125 145
-
-
withholding
2 942
21 946
-
-
total
2 942
21 946
-
-
Income
154 500
154 500
154 500
154 500
Total tax
52 284
51 301
64 700
50 608
After tax
102 216
103 199
89 800
103 892
Living cost
65 935
65 935
65 935
65 935
Free-cash
36 281
37 264
23 865
37 957

Estimated living cost  is ₽65935 per week

₽49406
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽7747
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽536
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8246
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽119124
₽114968
₽109122
₽114527
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
154 500
income
-
-
-
23 175
unemployment
-
-
-
138
health
-
-
-
3 975
pensions

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

-
-
-
5 116
total
-
-
-
32 404
Employee
17 180
-
147 719
-
accident

We are using the highest rate at 1.1%.

189
-
380
-
pensions

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

1 508
-
3 035
-
income
1 718
-
14 772
-
health
790
-
1 590
-
total
4 205
-
19 777
-
Employer
17 180
-
147 719
-
health
1 186
-
2 385
-
pensions

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

1 893
-
3 809
-
accident

We are using the highest rate at 1.1%.

189
-
380
-
unemployment
103
-
207
-
total
3 371
-
6 781
-
Corporate
133 949
154 500
-
-
income
13 395
15 450
-
-
total
13 395
15 450
-
-
Dividends
120 555
139 050
-
-
withholding
6 028
6 952
-
-
total
6 028
6 952
-
-
Income
154 500
154 500
154 500
154 500
Total tax
26 999
22 402
26 558
32 404
After tax
127 501
132 098
127 942
122 096
Living cost
12 974
12 974
12 974
12 974
Free-cash
114 527
119 124
114 968
109 122

Estimated living cost  is ₽12974 per week

₽7575
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽927
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽344
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4130
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽21332
₽39513
₽31808
₽23820
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
44 032
health
-
-
-
12 201
pensions
-
-
-
11 593
total
-
-
-
67 826
Employee
91 734
84 494
136 112
-
pensions
11 593
11 593
11 593
-
income

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

13 830
13 830
17 939
-
health
11 444
11 031
12 201
-
total
36 867
36 454
41 733
-
Employer
91 734
84 494
136 112
-
health
6 375
5 873
7 298
-
pensions
6 384
5 881
7 310
-
unemployment
3 303
3 042
3 780
-
total
16 062
14 796
18 388
-
Corporate
46 705
55 210
-
-
income
9 341
11 042
-
-
total
9 341
11 042
-
-
Dividends
37 363
44 167
-
-
income
7 939
9 386
-
-
withholding
5 605
6 624
-
-
total
13 544
16 010
-
-
Income
154 500
154 500
154 500
154 500
Total tax
75 814
78 302
60 121
67 826
After tax
78 686
76 198
94 379
86 674
Living cost
54 866
54 866
54 866
54 866
Free-cash
23 820
21 332
39 513
31 808

Estimated living cost  is ₽54866 per week

₽40473
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4901
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽629
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8864
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽81787
₽53817
₽58939
₽73016
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
154 500
income
-
-
-
14 740
social contributions
-
-
-
35 378
solidarity contribution
-
-
-
-
health
-
-
-
20 857
total
-
-
-
70 975
Employee
36 156
-
115 298
-
solidarity contribution
-
-
-
-
social contributions
2 350
-
7 494
-
income
4 339
-
13 836
-
health
4 881
-
15 565
-
total
11 570
-
36 895
-
Employer
36 156
-
115 298
-
health
3 254
-
10 377
-
social contributions
9 039
-
28 825
-
total
12 293
-
39 202
-
Corporate
106 051
154 500
-
-
income
20 150
29 355
-
-
total
20 150
29 355
-
-
Dividends
85 901
125 145
-
-
withholding
12 885
18 772
-
-
total
12 885
18 772
-
-
Income
154 500
154 500
154 500
154 500
Total tax
56 898
48 127
76 097
70 975
After tax
97 602
106 373
78 403
83 525
Living cost
24 586
24 586
24 586
24 586
Free-cash
73 016
81 787
53 817
58 939

Estimated living cost  is ₽24586 per week

₽17078
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1749
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽484
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽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 Brno model

Close
Milan , Italy
₽40681
₽26242
₽33247
₽35513
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
154 500
social contributions
-
-
-
39 737
regional
-
-
-
1 803
municipal
-
-
-
918
national
-
-
-
37 044
total
-
-
-
79 502
Employee
87 936
-
154 500
-
municipal
466
-
819
-
national
15 237
-
32 003
-
regional
830
-
1 588
-
social contributions
29 652
-
52 097
-
total
46 185
-
86 507
-
Employer
87 936
-
154 500
-
total
-
-
-
-
Corporate
66 564
154 500
-
-
municipal
2 597
6 025
-
-
nationa
15 975
37 080
-
-
total
18 572
43 105
-
-
Dividends
47 993
111 395
-
-
withholding
12 479
28 963
-
-
total
12 479
28 963
-
-
Income
154 500
154 500
154 500
154 500
Total tax
77 236
72 068
86 507
79 502
After tax
77 264
82 432
67 993
74 998
Living cost
41 751
41 751
41 751
41 751
Free-cash
35 513
40 681
26 242
33 247

Estimated living cost  is ₽41751 per week

₽29104
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2738
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽640
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9268
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽75346
₽46022
₽51486
₽72266
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
154 500
income
-
-
-
39 425
other
-
-
-
-
surtax
-
-
-
5 744
unemployment
-
-
-
225
health
-
-
-
9 375
pensions
-
-
-
26 411
total
-
-
-
81 180
Employee
32 720
-
127 633
-
other
-
-
-
-
unemployment
2 278
-
8 883
-
pensions
2 182
-
8 513
-
surtax
107
-
4 880
-
income
5 485
-
34 247
-
health
836
-
3 254
-
total
10 888
-
59 777
-
Employer
32 720
-
127 633
-
health
1 489
-
5 808
-
pensions
4 362
-
17 013
-
unemployment
1 036
-
4 046
-
other
-
-
-
-
total
6 887
-
26 867
-
Corporate
114 892
154 500
-
-
income
29 872
40 171
-
-
total
29 872
40 171
-
-
Dividends
85 021
114 329
-
-
withholding
12 753
17 149
-
-
total
12 753
17 149
-
-
Income
154 500
154 500
154 500
154 500
Total tax
60 400
57 320
86 644
81 180
After tax
94 100
97 180
67 856
73 320
Living cost
21 834
21 834
21 834
21 834
Free-cash
72 266
75 346
46 022
51 486

Estimated living cost  is ₽21834 per week

₽13350
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2015
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽503
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5965
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽58154
₽44755
₽58847
₽62955
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
42 122
pensions
-
-
-
8 486
total
-
-
-
50 608
Employee
62 519
-
135 141
-
pensions
5 306
-
10 579
-
income
11 260
-
32 727
-
health
908
-
2 035
-
total
17 474
-
45 341
-
Employer
62 519
-
135 141
-
health
1 188
-
2 569
-
pensions
6 768
-
16 790
-
total
7 956
-
19 359
-
Corporate
84 026
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.

15 965
29 355
-
-
total
15 965
29 355
-
-
Dividends
68 061
125 145
-
-
withholding
5 105
21 946
-
-
total
5 105
21 946
-
-
Income
154 500
154 500
154 500
154 500
Total tax
46 500
51 301
64 700
50 608
After tax
108 000
103 199
89 800
103 892
Living cost
45 045
45 045
45 045
45 045
Free-cash
62 955
58 154
44 755
58 847

Estimated living cost  is ₽45045 per week

₽33747
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3376
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽471
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7449
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽7560
₽40581
₽48090
₽25903
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
3 089
regional
-
-
-
6 982
health
-
-
-
348
city
-
-
-
1 629
national
-
-
-
1 941
pensions
-
-
-
14 213
total
-
-
-
28 202
Employee
91 524
-
138 286
-
unemployment
-
-
-
-
pensions
7 689
-
11 616
-
national
433
-
1 583
-
regional
2 997
-
6 022
-
city
982
-
1 486
-
health
207
-
311
-
total
12 308
-
21 018
-
Employer
91 524
-
138 286
-
health
207
-
311
-
pensions
7 689
-
11 616
-
unemployment
-
-
-
-
other

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

1 830
-
2 766
-
total
9 726
-
14 693
-
Corporate
52 244
154 500
-
-
regional
11 050
32 677
-
-
national
4 441
13 133
-
-
total
15 491
45 810
-
-
Dividends
36 753
108 690
-
-
withholding
12 864
38 042
-
-
total
12 864
38 042
-
-
Income
154 500
154 500
154 500
154 500
Total tax
50 389
83 852
35 711
28 202
After tax
104 111
70 648
118 789
126 298
Living cost
78 208
78 208
78 208
78 208
Free-cash
25 903
-7 560
40 581
48 090

Estimated living cost  is ₽78208 per week

₽50858
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽7018
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽960
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽19372
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽31038
₽54343
₽35735
₽47085
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
154 500
income

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

-
-
-
45 563
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.

-
-
-
2 507
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.

-
-
-
6 760
trade
-
-
-
18 608
total
-
-
-
73 438
Employee

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

59 464
-
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.

385
-
2 507
-
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.

6 992
-
45 563
-
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.

6 760
-
6 760
-
total
14 137
-
54 830
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
95 036
154 500
-
-
income
14 255
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.

785
1 275
-
-
chamber of commerce
284
368
-
-
trade
16 298
26 497
-
-
total
31 622
51 316
-
-
Dividends
63 415
103 184
-
-
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.

851
1 399
-
-
withholding
15 478
25 420
-
-
total
16 329
26 819
-
-
Income
154 500
154 500
154 500
154 500
Total tax
62 088
78 135
54 830
73 438
After tax
92 412
76 365
99 670
81 062
Living cost
45 327
45 327
45 327
45 327
Free-cash
47 085
31 038
54 343
35 735

Estimated living cost  is ₽45327 per week

₽33105
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3626
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽590
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8008
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽44020
₽53262
₽53533
₽49858
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
154 500
income
-
-
-
22 573
other
-
-
-
4 790
surtax
-
-
-
-
social contributions
-
-
-
4 401
health
-
-
-
5 915
pensions
-
-
-
29 436
total
-
-
-
67 115
Employee
42 347
-
120 824
-
pensions
4 788
-
7 881
-
surtax
-
-
-
-
social contributions
1 207
-
3 442
-
income
2 499
-
22 387
-
total
8 494
-
33 710
-
Employer
42 347
-
120 824
-
health
2 965
-
10 565
-
pensions
6 957
-
13 364
-
unemployment
1 714
-
4 893
-
social contributions
128
-
362
-
other
1 461
-
4 492
-
total
13 225
-
33 676
-
Corporate
98 929
154 500
-
-
income
27 701
43 259
-
-
surtax
-
-
-
-
total
27 701
43 259
-
-
Dividends
71 228
111 241
-
-
surtax
-
-
-
-
social contributions
12 252
19 131
-
-
withholding
9 118
14 238
-
-
total
21 370
33 369
-
-
Income
154 500
154 500
154 500
154 500
Total tax
70 790
76 628
67 386
67 115
After tax
83 710
77 872
87 114
87 385
Living cost
33 852
33 852
33 852
33 852
Free-cash
49 858
44 020
53 262
53 533

Estimated living cost  is ₽33852 per week

₽21345
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2753
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽576
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9180
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽47374
₽56616
₽56887
₽52866
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
154 500
income
-
-
-
22 573
other
-
-
-
4 790
surtax
-
-
-
-
social contributions
-
-
-
4 401
health
-
-
-
5 915
pensions
-
-
-
29 436
total
-
-
-
67 115
Employee
37 800
-
120 824
-
pensions
4 275
-
7 881
-
surtax
-
-
-
-
social contributions
1 078
-
3 442
-
income
1 949
-
22 387
-
total
7 302
-
33 710
-
Employer
37 800
-
120 824
-
health
2 646
-
10 565
-
pensions
6 211
-
13 364
-
unemployment
1 530
-
4 893
-
social contributions
113
-
362
-
other
1 305
-
4 492
-
total
11 805
-
33 676
-
Corporate
104 895
154 500
-
-
income
29 370
43 259
-
-
surtax
-
-
-
-
total
29 370
43 259
-
-
Dividends
75 525
111 241
-
-
surtax
-
-
-
-
social contributions
12 991
19 131
-
-
withholding
9 668
14 238
-
-
total
22 659
33 369
-
-
Income
154 500
154 500
154 500
154 500
Total tax
71 136
76 628
67 386
67 115
After tax
83 364
77 872
87 114
87 385
Living cost
30 498
30 498
30 498
30 498
Free-cash
52 866
47 374
56 616
56 887

Estimated living cost  is ₽30498 per week

₽17688
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3098
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽578
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9135
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽73281
₽75635
₽78239
₽73794
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
23 176
social contributions
-
-
-
21 321
health
-
-
-
10 783
total
-
-
-
55 280
Employee
33 548
-
154 500
-
social contributions
4 630
-
21 321
-
income
5 595
-
25 780
-
health
2 341
-
10 783
-
total
12 566
-
57 884
-
Employer
33 548
-
154 500
-
total
-
-
-
-
Corporate
120 952
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%.

6 048
7 725
-
-
total
6 048
7 725
-
-
Dividends
114 904
146 775
-
-
social contributions
15 857
20 254
-
-
withholding
17 235
22 015
-
-
health
8 019
10 244
-
-
total
41 111
52 513
-
-
Income
154 500
154 500
154 500
154 500
Total tax
59 725
60 238
57 884
55 280
After tax
94 775
94 262
96 616
99 220
Living cost
20 981
20 981
20 981
20 981
Free-cash
73 794
73 281
75 635
78 239

Estimated living cost  is ₽20981 per week

₽14041
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1294
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽483
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5162
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽50808
₽5583
₽44377
₽49280
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
38 150
surtax
-
-
-
195
unemployment
-
-
-
6 069
chamber of commerce
-
-
-
618
health
-
-
-
8 842
pensions
-
-
-
21 385
total
-
-
-
75 259
Employee
49 448
39 431
120 668
-
other
494
394
1 157
-
unemployment
1 483
1 183
3 468
-
pensions
5 064
4 037
11 837
-
income
5 629
2 908
30 059
-
health
1 913
1 527
4 473
-
total
14 583
10 049
50 994
-
Employer
49 448
39 431
120 668
-
chamber of commerce
197
158
483
-
health
1 868
1 491
4 369
-
pensions
6 206
4 949
14 507
-
accident
642
513
1 502
-
unemployment
1 483
1 183
3 468
-
surtax
195
195
195
-
payroll
1 483
1 183
3 620
-
other
2 349
1 872
5 687
-
total
14 423
11 544
33 831
-
Corporate
90 628
103 525
116 913
-
income

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

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

22 658
25 882
29 228
-
total
22 658
25 882
29 228
-
Dividends
67 970
77 644
-
-
withholding
18 692
21 353
-
-
total
18 692
21 353
-
-
Income
154 500
154 500
154 500
154 500
Total tax
70 356
68 828
114 053
75 259
After tax
84 144
85 672
40 447
79 241
Living cost
34 864
34 864
34 864
34 864
Free-cash
49 280
50 808
5 583
44 377

Estimated living cost  is ₽34864 per week

₽23253
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2974
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽573
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8065
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽50371
₽19431
₽31049
₽35534
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
154 500
communal

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

-
-
-
7 828
social contributions
-
-
-
24 049
national
-
-
-
55 498
total
-
-
-
87 375
Employee

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

70 775
-
119 662
-
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.

616
-
1 040
-
communal

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

3 691
-
6 241
-
pensions

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

5 308
-
8 975
-
national
21 759
-
42 283
-
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.

3 325
-
5 624
-
total
34 699
-
64 163
-
Employer

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

70 775
-
119 662
-
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.

4 352
-
7 360
-
pensions

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

6 271
-
10 601
-
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.

920
-
1 555
-
unemployment

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

1 033
-
1 746
-
surtax
8 025
-
13 568
-
total
20 601
-
34 830
-
Corporate
63 123
154 500
-
-
income
12 625
30 901
-
-
surtax
252
618
-
-
total
12 877
31 519
-
-
Dividends
50 246
122 982
-
-
withholding

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

14 713
36 534
-
-
total
14 713
36 534
-
-
Income
154 500
154 500
154 500
154 500
Total tax
82 890
68 053
98 993
87 375
After tax
71 610
86 447
55 507
67 125
Living cost
36 076
36 076
36 076
36 076
Free-cash
35 534
50 371
19 431
31 049

Estimated living cost  is ₽36076 per week

₽23238
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3154
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽565
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9120
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽67490
₽47042
₽51193
₽60356
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
154 500
accident
-
-
-
826
income
-
-
-
40 061
other
-
-
-
92
unemployment
-
-
-
642
pensions
-
-
-
25 953
total
-
-
-
67 574
Employee
49 252
-
125 263
-
other
49
-
92
-
unemployment
764
-
1 421
-
pensions
2 315
-
4 311
-
income
10 392
-
36 664
-
total
13 520
-
42 488
-
Employer
49 252
-
125 263
-
pensions
11 623
-
21 644
-
accident
975
-
1 816
-
unemployment
2 709
-
5 043
-
other
392
-
734
-
total
15 699
-
29 237
-
Corporate
89 549
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.

13 433
23 176
-
-
total
13 433
23 176
-
-
Dividends
76 116
131 324
-
-
withholding
15 759
28 101
-
-
total
15 759
28 101
-
-
Income
154 500
154 500
154 500
154 500
Total tax
58 411
51 277
71 725
67 574
After tax
96 089
103 223
82 775
86 926
Living cost
35 733
35 733
35 733
35 733
Free-cash
60 356
67 490
47 042
51 193

Estimated living cost  is ₽35733 per week

₽26313
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2535
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽514
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6369
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽37759
₽30992
₽24832
₽26088
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
154 500
communal
-
-
-
9 764
accident
-
-
-
1 303
income
-
-
-
23 160
surtax
-
-
-
7 659
health
-
-
-
10 855
pensions
-
-
-
23 157
total
-
-
-
75 898
Employee
74 930
-
138 007
-
pensions
5 993
-
11 041
-
surtax
4 593
-
8 457
-
income
7 237
-
27 606
-
health
3 335
-
6 142
-
total
21 158
-
53 246
-
Employer
74 930
-
138 007
-
health
2 285
-
4 210
-
pensions
5 993
-
11 041
-
accident
674
-
1 241
-
total
8 952
-
16 492
-
Corporate
70 618
154 500
-
-
communal
4 767
10 428
-
-
income
10 592
23 176
-
-
surtax
742
1 622
-
-
total
16 101
35 226
-
-
Dividends
54 517
119 273
-
-
income
20 254
9 855
-
-
withholding
8 177
17 890
-
-
total
28 431
27 745
-
-
Income
154 500
154 500
154 500
154 500
Total tax
74 642
62 971
69 738
75 898
After tax
79 858
91 529
84 762
78 602
Living cost
53 770
53 770
53 770
53 770
Free-cash
26 088
37 759
30 992
24 832

Estimated living cost  is ₽53770 per week

₽40336
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3258
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.
₽9606
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽74956
₽45632
₽51096
₽71810
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
154 500
income
-
-
-
39 425
other
-
-
-
-
surtax
-
-
-
5 744
unemployment
-
-
-
225
health
-
-
-
9 375
pensions
-
-
-
26 411
total
-
-
-
81 180
Employee
33 321
-
127 633
-
other
-
-
-
-
unemployment
2 319
-
8 883
-
pensions
2 223
-
8 513
-
surtax
118
-
4 880
-
income
5 586
-
34 247
-
health
851
-
3 254
-
total
11 097
-
59 777
-
Employer
33 321
-
127 633
-
health
1 515
-
5 808
-
pensions
4 443
-
17 013
-
unemployment
1 057
-
4 046
-
other
-
-
-
-
total
7 015
-
26 867
-
Corporate
114 164
154 500
-
-
income
29 682
40 171
-
-
total
29 682
40 171
-
-
Dividends
84 482
114 329
-
-
withholding
12 672
17 149
-
-
total
12 672
17 149
-
-
Income
154 500
154 500
154 500
154 500
Total tax
60 466
57 320
86 644
81 180
After tax
94 034
97 180
67 856
73 320
Living cost
22 224
22 224
22 224
22 224
Free-cash
71 810
74 956
45 632
51 096

Estimated living cost  is ₽22224 per week

₽13418
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1932
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽516
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6360
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽54556
₽40849
₽47819
₽52360
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
154 500
social contributions
-
-
-
39 737
regional
-
-
-
2 329
municipal
-
-
-
918
national
-
-
-
37 044
total
-
-
-
80 028
Employee
54 886
-
154 500
-
municipal
291
-
819
-
national
8 695
-
32 003
-
regional
739
-
2 079
-
social contributions
18 508
-
52 097
-
total
28 233
-
86 998
-
Employer
54 886
-
154 500
-
total
-
-
-
-
Corporate
99 614
154 500
-
-
municipal
4 951
7 678
-
-
nationa
23 908
37 080
-
-
total
28 859
44 758
-
-
Dividends
70 755
109 742
-
-
withholding
18 395
28 533
-
-
total
18 395
28 533
-
-
Income
154 500
154 500
154 500
154 500
Total tax
75 487
73 291
86 998
80 028
After tax
79 013
81 209
67 502
74 472
Living cost
26 653
26 653
26 653
26 653
Free-cash
52 360
54 556
40 849
47 819

Estimated living cost  is ₽26653 per week

₽16576
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2700
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽456
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6921
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽76076
₽48106
₽53228
₽65268
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
154 500
income
-
-
-
14 740
social contributions
-
-
-
35 378
solidarity contribution
-
-
-
-
health
-
-
-
20 857
total
-
-
-
70 975
Employee
44 554
-
115 298
-
solidarity contribution
-
-
-
-
social contributions
2 896
-
7 494
-
income
5 346
-
13 836
-
health
6 015
-
15 565
-
total
14 257
-
36 895
-
Employer
44 554
-
115 298
-
health
4 010
-
10 377
-
social contributions
11 138
-
28 825
-
total
15 148
-
39 202
-
Corporate
94 798
154 500
-
-
income
18 012
29 355
-
-
total
18 012
29 355
-
-
Dividends
76 786
125 145
-
-
withholding
11 518
18 772
-
-
total
11 518
18 772
-
-
Income
154 500
154 500
154 500
154 500
Total tax
58 935
48 127
76 097
70 975
After tax
95 565
106 373
78 403
83 525
Living cost
30 297
30 297
30 297
30 297
Free-cash
65 268
76 076
48 106
53 228

Estimated living cost  is ₽30297 per week

₽22530
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1678
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽524
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5564
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽54213
₽8937
₽47869
₽53725
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
38 150
surtax
-
-
-
-
unemployment
-
-
-
6 069
chamber of commerce
-
-
-
618
health
-
-
-
8 842
pensions
-
-
-
21 385
total
-
-
-
75 064
Employee
43 251
39 431
120 851
-
other
432
394
1 157
-
unemployment
1 297
1 183
3 468
-
pensions
4 429
4 037
11 837
-
income
3 853
2 908
30 136
-
health
1 673
1 527
4 473
-
total
11 684
10 049
51 071
-
Employer
43 251
39 431
120 851
-
chamber of commerce
173
158
483
-
health
1 635
1 491
4 369
-
pensions
5 428
4 949
14 507
-
accident
561
513
1 502
-
unemployment
1 297
1 183
3 468
-
surtax
-
-
-
-
payroll
1 297
1 183
3 626
-
other
2 054
1 872
5 695
-
total
12 445
11 349
33 650
-
Corporate
98 802
103 721
117 095
-
income

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

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

24 701
25 930
29 275
-
total
24 701
25 930
29 275
-
Dividends
74 101
77 790
-
-
withholding
20 378
21 392
-
-
total
20 378
21 392
-
-
Income
154 500
154 500
154 500
154 500
Total tax
69 208
68 720
113 996
75 064
After tax
85 292
85 780
40 504
79 436
Living cost
31 567
31 567
31 567
31 567
Free-cash
53 725
54 213
8 937
47 869

Estimated living cost  is ₽31567 per week

₽18936
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3224
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽563
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8844
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽134152
₽110977
₽140332
₽131785
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
15 779
-
154 500
-
income
3 156
-
30 900
-
total
3 156
-
30 900
-
Employer
-
-
-
-
total
-
-
-
-
Corporate

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

138 721
154 500
-
-
total
-
-
-
-
Dividends
138 721
154 500
-
-
withholding
6 936
7 725
-
-
total
6 936
7 725
-
-
Income
154 500
154 500
154 500
154 500
Total tax
10 092
7 725
30 900
1 545
After tax
144 408
146 775
123 600
152 955
Living cost
12 623
12 623
12 623
12 623
Free-cash
131 785
134 152
110 977
140 332

Estimated living cost  is ₽12623 per week

₽8542
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽530
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽423
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3127
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽79835
₽45831
₽49924
₽71560
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

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

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

-
-
-
154 500
income
-
-
-
34 389
unemployment
-
-
-
231
health
-
-
-
15 201
pensions
-
-
-
28 216
total
-
-
-
78 037
Employee

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

43 753
-
133 684
-
unemployment
62
-
188
-
pensions
6 782
-
20 722
-
income
7 545
-
31 769
-
health
2 826
-
8 635
-
total
17 215
-
61 314
-
Employer

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

43 753
-
133 684
-
health
2 914
-
8 904
-
pensions
3 872
-
11 831
-
unemployment
26
-
81
-
total
6 812
-
20 816
-
Corporate
103 934
154 500
-
-
income
19 747
29 355
-
-
total
19 747
29 355
-
-
Dividends
84 187
125 145
-
-
withholding
12 627
18 771
-
-
total
12 627
18 771
-
-
Income
154 500
154 500
154 500
154 500
Total tax
56 401
48 126
82 130
78 037
After tax
98 099
106 374
72 370
76 463
Living cost
26 539
26 539
26 539
26 539
Free-cash
71 560
79 835
45 831
49 924

Estimated living cost  is ₽26539 per week

₽18213
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1701
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽514
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6112
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽50571
₽97832
₽63345
₽2697
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
154 500
income
-
-
-
30 115
social contributions
-
-
-
17 613
total
-
-
-
47 728
Employee
62 268
-
-
-
social contributions
5 106
-
728
-
income
13 735
-
-
-
total
18 841
-
728
-
Employer
62 268
-
-
-
social contributions
87 798
-
12 513
-
total
87 798
-
12 513
-
Corporate
4 435
154 500
-
-
income
976
33 990
-
-
total
976
33 990
-
-
Dividends
3 459
120 510
-
-
income
761
26 512
-
-
total
761
26 512
-
-
Income
154 500
154 500
154 500
154 500
Total tax
108 376
60 502
13 241
47 728
After tax
46 124
93 998
141 259
106 772
Living cost
43 427
43 427
43 427
43 427
Free-cash
2 697
50 571
97 832
63 345

Estimated living cost  is ₽43427 per week

₽28177
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4084
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.
₽10612
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽56843
₽41261
₽52414
₽55846
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
154 500
income
-
-
-
17 360
surtax
-
-
-
-
social contributions

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

-
-
-
53 690
total
-
-
-
71 050
Employee
45 507
-
124 848
-
surtax
-
-
-
-
social contributions
5 006
-
13 733
-
income
9 466
-
38 818
-
total
14 472
-
52 551
-
Employer
45 507
-
124 848
-
social contributions
10 808
-
29 652
-
total
10 808
-
29 652
-
Corporate
98 186
154 500
-
-
income
20 619
32 446
-
-
surtax
-
-
-
-
total
20 619
32 446
-
-
Dividends
77 567
122 054
-
-
withholding
21 719
34 175
-
-
total
21 719
34 175
-
-
Income
154 500
154 500
154 500
154 500
Total tax
67 618
66 621
82 203
71 050
After tax
86 882
87 879
72 297
83 450
Living cost
31 036
31 036
31 036
31 036
Free-cash
55 846
56 843
41 261
52 414

Estimated living cost  is ₽31036 per week

₽23221
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1831
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.
₽5466
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽30083
₽39325
₽39596
₽36881
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
154 500
income
-
-
-
22 573
other
-
-
-
4 790
surtax
-
-
-
-
social contributions
-
-
-
4 401
health
-
-
-
5 915
pensions
-
-
-
29 436
total
-
-
-
67 115
Employee
61 971
-
120 824
-
pensions
7 009
-
7 881
-
surtax
-
-
-
-
social contributions
1 765
-
3 442
-
income
5 407
-
22 387
-
total
14 181
-
33 710
-
Employer
61 971
-
120 824
-
health
4 337
-
10 565
-
pensions
10 183
-
13 364
-
unemployment
2 510
-
4 893
-
social contributions
186
-
362
-
other
2 139
-
4 492
-
total
19 355
-
33 676
-
Corporate
73 174
154 500
-
-
income
20 489
43 259
-
-
surtax
-
-
-
-
total
20 489
43 259
-
-
Dividends
52 685
111 241
-
-
surtax
-
-
-
-
social contributions
9 060
19 131
-
-
withholding
6 745
14 238
-
-
total
15 805
33 369
-
-
Income
154 500
154 500
154 500
154 500
Total tax
69 830
76 628
67 386
67 115
After tax
84 670
77 872
87 114
87 385
Living cost
47 789
47 789
47 789
47 789
Free-cash
36 881
30 083
39 325
39 596

Estimated living cost  is ₽47789 per week

₽32343
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3909
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽655
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10881
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽109309
₽88832
₽84727
₽105983
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
6 042
social contributions
-
-
-
33 989
total
-
-
-
40 031
Employee
31 810
-
133 765
-
income
-
-
6 499
-
social contributions
2 067
-
8 694
-
total
2 067
-
15 193
-
Employer
31 810
-
133 765
-
social contributions
4 931
-
20 733
-
total
4 931
-
20 733
-
Corporate
117 760
154 500
-
-
income
11 777
15 449
-
-
total
11 777
15 449
-
-
Dividends
105 983
139 051
-
-
total
-
-
-
-
Income
154 500
154 500
154 500
154 500
Total tax
18 775
15 449
35 926
40 031
After tax
135 725
139 051
118 574
114 469
Living cost
29 742
29 742
29 742
29 742
Free-cash
105 983
109 309
88 832
84 727

Estimated living cost  is ₽29742 per week

₽19231
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2242
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.
₽7710
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽60969
-₽60969
₽44632
-₽60969
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
154 500
labour market
-
-
-
12 291
municipal
-
-
-
31 598
national
-
-
-
17 494
pensions
-
-
-
857
total
-
-
-
62 240
Employee
201 026
201 026
201 026
-
municipal
42 807
42 807
42 807
-
labour market
16 059
16 059
16 059
-
pensions
286
286
286
-
national
24 559
24 559
24 559
-
total
83 711
83 711
83 711
-
Employer
201 026
201 026
201 026
-
national
24 602
24 602
24 602
-
labour market
16 082
16 082
16 082
-
pensions
571
571
571
-
municipal
42 875
42 875
42 875
-
total
84 130
84 130
84 130
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
154 500
154 500
154 500
154 500
Total tax
167 841
167 841
167 841
62 240
After tax
-13 341
-13 341
-13 341
92 260
Living cost
47 628
47 628
47 628
47 628
Free-cash
-60 969
-60 969
-60 969
44 632

Estimated living cost  is ₽47628 per week

₽32597
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4213
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽732
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10085
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽9223
₽61407
₽83959
₽9181
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
154 500
accident
-
-
-
253
income
-
-
-
41 819
other
-
-
-
372
health
-
-
-
2 187
pensions
-
-
-
4 173
total
-
-
-
48 804
Employee
34 194
-
137 776
-
pensions
3 850
-
7 651
-
income
4 691
-
31 206
-
health
3 915
-
15 775
-
total
12 456
-
54 632
-
Employer
34 194
-
137 776
-
pensions
5 560
-
11 048
-
accident
571
-
2 301
-
unemployment
838
-
3 375
-
total
6 969
-
16 724
-
Corporate
113 338
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.

102 004
139 050
-
-
total
102 004
139 050
-
-
Dividends
11 334
15 450
-
-
withholding
2 153
2 936
-
-
total
2 153
2 936
-
-
Income
154 500
154 500
154 500
154 500
Total tax
123 582
141 986
71 356
48 804
After tax
30 918
12 514
83 144
105 696
Living cost
21 737
21 737
21 737
21 737
Free-cash
9 181
-9 223
61 407
83 959

Estimated living cost  is ₽21737 per week

₽15822
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1239
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽408
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4268
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽60054
₽44319
₽64539
₽62068
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

You can choose the amount to declare for pension contributions and choose a pension insurance company or a pension insurance fund you prefer to use; or you could opt out of pension contributions altogether. You can find more details on Finnish Centre for Pensions

-
-
-
154 500
health
-
-
-
1 966
municipal
-
-
-
27 457
national
-
-
-
22 551
total
-
-
-
51 974
Employee
52 057
-
129 974
-
municipal
8 526
-
21 180
-
unemployment
781
-
1 949
-
pensions
3 513
-
8 772
-
national
860
-
14 178
-
health
389
-
1 588
-
total
14 069
-
47 667
-
Employer
52 057
-
129 974
-
health
400
-
1 001
-
pensions
9 032
-
22 551
-
accident
53
-
130
-
unemployment
338
-
845
-
total
9 823
-
24 527
-
Corporate
92 621
154 500
-
-
income
18 525
30 901
-
-
total
18 525
30 901
-
-
Dividends

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

55 572
92 700
-
-
municipal
10 002
16 687
-
-
national
2 026
8 871
-
-
total
12 028
25 558
-
-
Income
154 500
154 500
154 500
154 500
Total tax
54 445
56 459
72 194
51 974
After tax
100 055
98 041
82 306
102 526
Living cost
37 987
37 987
37 987
37 987
Free-cash
62 068
60 054
44 319
64 539

Estimated living cost  is ₽37987 per week

₽24813
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3654
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽605
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8917
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽89866
₽82270
₽83684
₽84480
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
27 960
social contributions
-
-
-
16 009
health
-
-
-
3 939
total
-
-
-
47 908
Employee
76 083
76 083
143 332
-
social contributions
2 877
6 315
8 517
-
income
8 284
7 043
27 200
-
health
590
1 294
2 437
-
total
11 751
14 652
38 154
-
Employer
76 083
76 083
143 332
-
health
640
1 408
2 651
-
social contributions
2 877
6 315
8 517
-
total
3 517
7 723
11 168
-
Corporate
116 324
70 694
-
-
income
14 541
8 836
-
-
total
14 541
8 836
-
-
Dividends
101 784
61 858
-
-
withholding
17 303
10 515
-
-
total
17 303
10 515
-
-
Income
154 500
154 500
154 500
154 500
Total tax
47 112
41 726
49 322
47 908
After tax
107 388
112 774
105 178
106 592
Living cost
22 908
22 908
22 908
22 908
Free-cash
84 480
89 866
82 270
83 684

Estimated living cost  is ₽22908 per week

₽13729
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2248
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽507
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6425
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽112231
₽93488
₽113331
₽107199
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

  • up to €9,000.00, 60% of the average monthly wage in Montenegro
  • up to €15,000.00, 100% of the average monthly wage in Montenegro
  • in excess of €15,000, 150% of the average monthly wage in Montenegro
-
-
-
154 500
income
-
-
-
15 557
unemployment
-
-
-
28
health
-
-
-
3 581
pensions
-
-
-
6 294
total
-
-
-
25 460
Employee

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

22 711
-
144 830
-
unemployment
113
-
469
-
pensions
3 406
-
14 082
-
income
1 553
-
13 102
-
health
1 930
-
7 980
-
total
7 002
-
35 633
-
Employer

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

22 711
-
144 830
-
health
976
-
4 037
-
pensions
1 249
-
5 164
-
unemployment
113
-
469
-
total
2 338
-
9 670
-
Corporate
129 451
154 500
-
-
income
11 651
13 906
-
-
total
11 651
13 906
-
-
Dividends
117 800
140 594
-
-
withholding
10 601
12 654
-
-
total
10 601
12 654
-
-
Income
154 500
154 500
154 500
154 500
Total tax
31 592
26 560
45 303
25 460
After tax
122 908
127 940
109 197
129 040
Living cost
15 709
15 709
15 709
15 709
Free-cash
107 199
112 231
93 488
113 331

Estimated living cost  is ₽15709 per week

₽10023
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1132
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽468
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4086
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽76014
₽55566
₽59717
₽71572
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
154 500
accident
-
-
-
826
income
-
-
-
40 061
other
-
-
-
92
unemployment
-
-
-
642
pensions
-
-
-
25 953
total
-
-
-
67 574
Employee
36 586
-
125 263
-
other
36
-
92
-
unemployment
567
-
1 421
-
pensions
1 720
-
4 311
-
income
7 053
-
36 664
-
total
9 376
-
42 488
-
Employer
36 586
-
125 263
-
pensions
8 633
-
21 644
-
accident
725
-
1 816
-
unemployment
2 013
-
5 043
-
other
293
-
734
-
total
11 664
-
29 237
-
Corporate
106 250
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.

15 938
23 176
-
-
total
15 938
23 176
-
-
Dividends
90 313
131 324
-
-
withholding
18 741
28 101
-
-
total
18 741
28 101
-
-
Income
154 500
154 500
154 500
154 500
Total tax
55 719
51 277
71 725
67 574
After tax
98 781
103 223
82 775
86 926
Living cost
27 209
27 209
27 209
27 209
Free-cash
71 572
76 014
55 566
59 717

Estimated living cost  is ₽27209 per week

₽18365
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2616
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.
₽5751
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽94473
₽97216
₽97354
₽94156
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
52 777
health
-
-
-
1 023
pensions
-
-
-
1 411
total
-
-
-
55 211
Employee
2 947
-
152 912
-
unemployment
29
-
71
-
pensions
265
-
635
-
income
570
-
52 703
-
health
147
-
353
-
total
1 011
-
53 762
-
Employer
2 947
-
152 912
-
health
280
-
670
-
pensions
324
-
776
-
unemployment
59
-
141
-
total
663
-
1 587
-
Corporate
150 890
154 500
-
-
income
33 196
33 990
-
-
total
33 196
33 990
-
-
Dividends
117 694
120 510
-
-
withholding
23 539
24 102
-
-
total
23 539
24 102
-
-
Income
154 500
154 500
154 500
154 500
Total tax
58 409
58 092
55 349
55 211
After tax
96 091
96 408
99 151
99 289
Living cost
1 935
1 935
1 935
1 935
Free-cash
94 156
94 473
97 216
97 354

Estimated living cost  is ₽1935 per week

₽1150
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽157
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽44
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽584
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽94516
₽75259
₽75259
₽89648
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

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

-
-
-
154 500
income
-
-
-
34 492
unemployment
-
-
-
1 097
health
-
-
-
7 531
pensions
-
-
-
19 011
total
-
-
-
62 131
Employee

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

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

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

25 801
-
141 412
-
unemployment
194
-
548
-
pensions
3 612
-
10 237
-
income
3 556
-
34 492
-
health
1 329
-
3 766
-
total
8 691
-
49 043
-
Employer

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

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

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

25 801
-
141 412
-
health
1 329
-
3 766
-
pensions
3 096
-
8 774
-
unemployment
194
-
548
-
total
4 619
-
13 088
-
Corporate
124 080
154 500
-
-
income
18 612
23 175
-
-
total
18 612
23 175
-
-
Dividends
105 468
131 325
-
-
withholding
15 820
19 699
-
-
total
15 820
19 699
-
-
Income
154 500
154 500
154 500
154 500
Total tax
47 742
42 874
62 131
62 131
After tax
106 758
111 626
92 369
92 369
Living cost
17 110
17 110
17 110
17 110
Free-cash
89 648
94 516
75 259
75 259

Estimated living cost  is ₽17110 per week

₽11520
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1323
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽495
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3771
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Belgrade model

Close
Porto , Portugal
₽61204
₽45622
₽56775
₽60846
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
154 500
income
-
-
-
17 360
surtax
-
-
-
-
social contributions

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

-
-
-
53 690
total
-
-
-
71 050
Employee
38 403
-
124 848
-
surtax
-
-
-
-
social contributions
4 225
-
13 733
-
income
7 504
-
38 818
-
total
11 729
-
52 551
-
Employer
38 403
-
124 848
-
social contributions
9 120
-
29 652
-
total
9 120
-
29 652
-
Corporate
106 978
154 500
-
-
income
22 466
32 446
-
-
surtax
-
-
-
-
total
22 466
32 446
-
-
Dividends
84 512
122 054
-
-
withholding
23 664
34 175
-
-
total
23 664
34 175
-
-
Income
154 500
154 500
154 500
154 500
Total tax
66 979
66 621
82 203
71 050
After tax
87 521
87 879
72 297
83 450
Living cost
26 675
26 675
26 675
26 675
Free-cash
60 846
61 204
45 622
56 775

Estimated living cost  is ₽26675 per week

₽18893
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1853
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.
₽5456
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽68450
₽48002
₽52153
₽61651
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
154 500
accident
-
-
-
826
income
-
-
-
40 061
other
-
-
-
92
unemployment
-
-
-
642
pensions
-
-
-
25 953
total
-
-
-
67 574
Employee
47 786
-
125 263
-
other
47
-
92
-
unemployment
740
-
1 421
-
pensions
2 246
-
4 311
-
income
9 981
-
36 664
-
total
13 014
-
42 488
-
Employer
47 786
-
125 263
-
pensions
11 277
-
21 644
-
accident
946
-
1 816
-
unemployment
2 629
-
5 043
-
other
383
-
734
-
total
15 235
-
29 237
-
Corporate
91 479
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.

13 722
23 176
-
-
total
13 722
23 176
-
-
Dividends
77 757
131 324
-
-
withholding
16 105
28 101
-
-
total
16 105
28 101
-
-
Income
154 500
154 500
154 500
154 500
Total tax
58 076
51 277
71 725
67 574
After tax
96 424
103 223
82 775
86 926
Living cost
34 773
34 773
34 773
34 773
Free-cash
61 651
68 450
48 002
52 153

Estimated living cost  is ₽34773 per week

₽24973
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2704
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽490
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6607
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽115075
₽110919
₽105073
₽109044
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
154 500
income
-
-
-
23 175
unemployment
-
-
-
138
health
-
-
-
3 975
pensions

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

-
-
-
5 116
total
-
-
-
32 404
Employee
22 540
-
147 719
-
accident

We are using the highest rate at 1.1%.

248
-
380
-
pensions

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

1 979
-
3 035
-
income
2 254
-
14 772
-
health
1 037
-
1 590
-
total
5 518
-
19 777
-
Employer
22 540
-
147 719
-
health
1 555
-
2 385
-
pensions

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

2 484
-
3 809
-
accident

We are using the highest rate at 1.1%.

248
-
380
-
unemployment
135
-
207
-
total
4 422
-
6 781
-
Corporate
127 537
154 500
-
-
income
12 754
15 450
-
-
total
12 754
15 450
-
-
Dividends
114 784
139 050
-
-
withholding
5 739
6 952
-
-
total
5 739
6 952
-
-
Income
154 500
154 500
154 500
154 500
Total tax
28 433
22 402
26 558
32 404
After tax
126 067
132 098
127 942
122 096
Living cost
17 023
17 023
17 023
17 023
Free-cash
109 044
115 075
110 919
105 073

Estimated living cost  is ₽17023 per week

₽11259
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽975
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽406
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4384
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽41345
₽61470
₽45900
₽54289
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
154 500
income

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

-
-
-
45 563
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.

-
-
-
2 507
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.

-
-
-
6 760
trade
-
-
-
15 570
total
-
-
-
70 400
Employee

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

49 231
-
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.

223
-
2 507
-
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.

4 048
-
45 563
-
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.

6 760
-
6 760
-
total
11 031
-
54 830
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
105 269
154 500
-
-
income
15 791
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.

869
1 275
-
-
chamber of commerce
304
377
-
-
trade
15 106
22 171
-
-
total
32 070
46 999
-
-
Dividends
73 199
107 500
-
-
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.

986
1 457
-
-
withholding
17 924
26 499
-
-
total
18 910
27 956
-
-
Income
154 500
154 500
154 500
154 500
Total tax
62 011
74 955
54 830
70 400
After tax
92 489
79 545
99 670
84 100
Living cost
38 200
38 200
38 200
38 200
Free-cash
54 289
41 345
61 470
45 900

Estimated living cost  is ₽38200 per week

₽26351
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4110
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽554
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7184
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽51787
₽27374
₽27374
₽53972
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
45 445
social contributions
-
-
-
25 318
total
-
-
-
70 763
Employee
77 397
-
154 500
-
income
14 604
-
45 445
-
social contributions
6 430
-
25 318
-
total
21 034
-
70 763
-
Employer
77 397
-
154 500
-
total
-
-
-
-
Corporate
77 103
154 500
-
-
income
9 638
19 312
-
-
total
9 638
19 312
-
-
Dividends
67 465
135 188
-
-
withholding
13 493
27 038
-
-
total
13 493
27 038
-
-
Income
154 500
154 500
154 500
154 500
Total tax
44 165
46 350
70 763
70 763
After tax
110 335
108 150
83 737
83 737
Living cost
56 363
56 363
56 363
56 363
Free-cash
53 972
51 787
27 374
27 374

Estimated living cost  is ₽56363 per week

₽42880
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4593
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽539
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8352
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽59281
₽75144
₽84413
₽62738
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

We use The Residence Programme or The Global Residence Programme.

-
-
-
154 500
income
-
-
-
28 165
health

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

-
-
-
6 005
total
-
-
-
34 170
Employee
45 390
-
149 949
-
income
4 925
-
34 337
-
social contributions
4 548
-
4 551
-
total
9 473
-
38 888
-
Employer
45 390
-
149 949
-
social contributions
4 548
-
4 551
-
total
4 548
-
4 551
-
Corporate
104 563
154 500
-
-
income
36 597
54 075
-
-
total
36 597
54 075
-
-
Dividends
67 965
100 425
-
-
social contributions
5 227
5 227
-
-
total
5 227
5 227
-
-
Income
154 500
154 500
154 500
154 500
Total tax
55 845
59 302
43 439
34 170
After tax
98 655
95 198
111 061
120 330
Living cost
35 917
35 917
35 917
35 917
Free-cash
62 738
59 281
75 144
84 413

Estimated living cost  is ₽35917 per week

₽23658
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2832
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽550
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8876
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽66579
₽53180
₽67272
₽72418
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
42 122
pensions
-
-
-
8 486
total
-
-
-
50 608
Employee
50 266
-
135 141
-
pensions
3 837
-
10 579
-
income
9 154
-
32 727
-
health
656
-
2 035
-
total
13 647
-
45 341
-
Employer
50 266
-
135 141
-
health
955
-
2 569
-
pensions
5 078
-
16 790
-
total
6 033
-
19 359
-
Corporate
98 200
154 500
-
-
income

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

18 657
29 355
-
-
total
18 657
29 355
-
-
Dividends
79 543
125 145
-
-
withholding
7 125
21 946
-
-
total
7 125
21 946
-
-
Income
154 500
154 500
154 500
154 500
Total tax
45 462
51 301
64 700
50 608
After tax
109 038
103 199
89 800
103 892
Living cost
36 620
36 620
36 620
36 620
Free-cash
72 418
66 579
53 180
67 272

Estimated living cost  is ₽36620 per week

₽25121
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3368
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽458
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7671
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details

Additional information

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

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

Source of data for Edinburgh model

Close
Warsaw , Poland
-₽11375
₽59255
₽81807
₽8850
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
154 500
accident
-
-
-
253
income
-
-
-
41 819
other
-
-
-
372
health
-
-
-
2 187
pensions
-
-
-
4 173
total
-
-
-
48 804
Employee
37 578
-
137 776
-
pensions
4 231
-
7 651
-
income
5 155
-
31 206
-
health
4 303
-
15 775
-
total
13 689
-
54 632
-
Employer
37 578
-
137 776
-
pensions
6 110
-
11 048
-
accident
628
-
2 301
-
unemployment
921
-
3 375
-
total
7 659
-
16 724
-
Corporate
109 264
154 500
-
-
income

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

98 337
139 050
-
-
total
98 337
139 050
-
-
Dividends
10 926
15 450
-
-
withholding
2 076
2 936
-
-
total
2 076
2 936
-
-
Income
154 500
154 500
154 500
154 500
Total tax
121 761
141 986
71 356
48 804
After tax
32 739
12 514
83 144
105 696
Living cost
23 889
23 889
23 889
23 889
Free-cash
8 850
-11 375
59 255
81 807

Estimated living cost  is ₽23889 per week

₽17532
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1392
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽481
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4484
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

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

Source of data for Warsaw model

Close
Skopje , Macedonia
₽116643
₽94193
₽73471
₽112011
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

Sole-trader should pay social contributions from a minimum of 50% of an average salary to a maximum of twelve average salaries. The minimum personal income for the first year should be at least 50% of an average salary.

-
-
-
154 500
income
-
-
-
25 173
unemployment
-
-
-
1 854
work injury
-
-
-
772
health insurance
-
-
-
11 433
pensions
-
-
-
28 428
total
-
-
-
67 660
Employee

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

21 391
-
154 500
-
health insurance
1 583
-
5 857
-
unemployment
257
-
950
-
work injury
107
-
396
-
pensions
3 936
-
14 562
-
income
2 139
-
25 173
-
total
8 022
-
46 938
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
133 109
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%.

1 331
1 545
-
-
total
1 331
1 545
-
-
Dividends
131 778
152 955
-
-
withholding
19 767
22 943
-
-
total
19 767
22 943
-
-
Income
154 500
154 500
154 500
154 500
Total tax
29 120
24 488
46 938
67 660
After tax
125 380
130 012
107 562
86 840
Living cost
13 369
13 369
13 369
13 369
Free-cash
112 011
116 643
94 193
73 471

Estimated living cost  is ₽13369 per week

₽8282
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽971
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽417
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3698
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽41963
₽26949
₽33751
₽37461
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
154 500
social contributions
-
-
-
39 737
regional
-
-
-
3 518
municipal
-
-
-
1 033
national
-
-
-
37 044
total
-
-
-
81 332
Employee
83 377
-
154 500
-
municipal
498
-
922
-
national
14 090
-
32 003
-
regional
1 259
-
3 112
-
social contributions
28 114
-
52 097
-
total
43 961
-
88 134
-
Employer
83 377
-
154 500
-
total
-
-
-
-
Corporate
71 123
154 500
-
-
municipal
3 429
7 447
-
-
nationa
17 070
37 080
-
-
total
20 499
44 527
-
-
Dividends
50 625
109 973
-
-
withholding
13 162
28 593
-
-
total
13 162
28 593
-
-
Income
154 500
154 500
154 500
154 500
Total tax
77 622
73 120
88 134
81 332
After tax
76 878
81 380
66 366
73 168
Living cost
39 417
39 417
39 417
39 417
Free-cash
37 461
41 963
26 949
33 751

Estimated living cost  is ₽39417 per week

₽27688
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2711
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽595
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8421
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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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