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
₽48137
₽59027
₽52660
₽69785
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
154 500
trade
-
-
-
17 125
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.

-
-
-
45 662
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.

-
-
-
6 725
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.

-
-
-
2 511
total
-
-
-
72 023
Employee

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

37 652
-
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.

1 052
-
45 662
-
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
-
2 511
-
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.

6 725
-
6 725
-
total
7 835
-
54 898
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
116 848
154 500
-
-
income
17 526
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.

964
1 274
-
-
trade
18 404
24 334
-
-
chamber of commerce
318
372
-
-
total
37 212
49 156
-
-
Dividends
79 636
105 345
-
-
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.

1 074
1 427
-
-
withholding
19 535
25 963
-
-
total
20 609
27 390
-
-
Income
154 500
154 500
154 500
154 500
Total tax
65 656
76 546
54 898
72 023
After tax
88 844
77 954
99 602
82 477
Living cost
29 817
29 817
29 817
29 817
Free-cash
59 027
48 137
69 785
52 660

Estimated living cost  is ₽29817 per week

₽18756
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3477
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽557
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7028
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽43003
₽42114
₽38303
₽39515
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
municipal
-
-
-
16 705
national
-
-
-
25 886
pensions
-
-
-
18 540
social contributions
-
-
-
1 661
total
-
-
-
62 792
Employee
82 788
-
133 564
-
national
15 846
-
26 813
-
pensions
3 312
-
5 343
-
municipal
10 226
-
17 303
-
total
29 384
-
49 459
-
Employer
82 788
-
133 564
-
social contributions
890
-
1 436
-
pensions
6 623
-
10 685
-
total
7 513
-
12 121
-
Corporate
58 735
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%.

11 747
30 900
-
-
total
11 747
30 900
-
-
Dividends
46 988
123 600
-
-
withholding
10 337
27 192
-
-
total
10 337
27 192
-
-
Income
154 500
154 500
154 500
154 500
Total tax
58 981
58 092
61 580
62 792
After tax
95 519
96 408
92 920
91 708
Living cost
53 405
53 405
53 405
53 405
Free-cash
42 114
43 003
39 515
38 303

Estimated living cost  is ₽53405 per week

₽36299
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4964
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽799
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽11342
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽103120
₽95044
₽31167
₽72794
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

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

-
-
-
154 500
microenterprise
-
-
-
-
income
-
-
-
25 738
surtax
-
-
-
39 398
social contributions

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

-
-
-
37 717
total
-
-
-
102 853
Employee
28 765
-
112 216
-
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.

3 165
-
12 344
-
income
5 120
-
21 849
-
surtax
-
-
-
-
total
8 285
-
34 193
-
Employer
28 765
-
112 216
-
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.

6 929
-
27 033
-
surtax
-
-
-
-
total
6 929
-
27 033
-
Corporate
118 806
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%.

23 762
30 900
-
-
total
23 762
30 900
-
-
Dividends

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

95 044
123 600
-
-
total
-
-
-
-
Income
154 500
154 500
154 500
154 500
Total tax
38 976
30 900
61 226
102 853
After tax
115 524
123 600
93 274
51 647
Living cost
20 480
20 480
20 480
20 480
Free-cash
95 044
103 120
72 794
31 167

Estimated living cost  is ₽20480 per week

₽13065
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1950
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽465
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4999
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽34973
₽28942
₽45374
₽53238
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
44 215
health
-
-
-
12 139
pensions
-
-
-
11 534
total
-
-
-
67 888
Employee
84 064
84 064
136 206
-
pensions
15 132
11 534
11 534
-
income

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

13 760
13 760
18 057
-
health
12 903
10 975
12 139
-
total
41 795
36 269
41 730
-
Employer
84 064
84 064
136 206
-
health
5 843
5 843
7 261
-
pensions
5 851
5 851
7 273
-
unemployment
3 026
3 026
3 760
-
total
14 720
14 720
18 294
-
Corporate
56 746
55 715
-
-
income
11 349
11 143
-
-
total
11 349
11 143
-
-
Dividends
45 398
44 572
-
-
income
9 647
9 471
-
-
withholding
6 809
6 686
-
-
total
16 456
16 157
-
-
Income
154 500
154 500
154 500
154 500
Total tax
84 320
78 289
60 024
67 888
After tax
70 180
76 211
94 476
86 612
Living cost
41 238
41 238
41 238
41 238
Free-cash
28 942
34 973
53 238
45 374

Estimated living cost  is ₽41238 per week

₽29225
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3718
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽656
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7641
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Rotterdam model

Close
Stockholm , Sweden
₽45103
₽44222
₽41240
₽40288
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
municipal
-
-
-
38 640
national
-
-
-
10 443
unemployment
-
-
-
86
accident
-
-
-
172
health
-
-
-
5 368
pensions
-
-
-
9 300
other
-
-
-
9 997
total
-
-
-
74 006
Employee
55 934
-
127 469
-
national
-
-
9 916
-
municipal
16 679
-
38 011
-
total
16 679
-
47 927
-
Employer
55 934
-
127 469
-
health
3 440
-
5 291
-
pensions
6 046
-
9 300
-
accident
112
-
172
-
other
6 500
-
9 997
-
unemployment
1 477
-
2 271
-
total
17 575
-
27 031
-
Corporate
80 992
154 500
-
-
income
17 818
33 990
-
-
total
17 818
33 990
-
-
Dividends
63 174
120 510
-
-
withholding
18 952
36 153
-
-
total
18 952
36 153
-
-
Income
154 500
154 500
154 500
154 500
Total tax
71 024
70 143
74 958
74 006
After tax
83 476
84 357
79 542
80 494
Living cost
39 254
39 254
39 254
39 254
Free-cash
44 222
45 103
40 288
41 240

Estimated living cost  is ₽39254 per week

₽26016
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3852
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽596
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8790
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽38489
₽52322
₽43043
₽60930
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
154 500
trade
-
-
-
17 887
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.

-
-
-
45 662
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.

-
-
-
6 725
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.

-
-
-
2 511
total
-
-
-
72 785
Employee

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

49 921
-
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.

4 289
-
45 662
-
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.

235
-
2 511
-
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.

6 725
-
6 725
-
total
11 249
-
54 898
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
104 579
154 500
-
-
income
15 686
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.

863
1 274
-
-
trade
17 203
25 415
-
-
chamber of commerce
299
370
-
-
total
34 051
50 235
-
-
Dividends
70 527
104 265
-
-
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.

949
1 412
-
-
withholding
17 257
25 692
-
-
total
18 206
27 104
-
-
Income
154 500
154 500
154 500
154 500
Total tax
63 506
77 339
54 898
72 785
After tax
90 994
77 161
99 602
81 715
Living cost
38 672
38 672
38 672
38 672
Free-cash
52 322
38 489
60 930
43 043

Estimated living cost  is ₽38672 per week

₽25864
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4078
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽577
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8152
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽80843
₽76760
₽74619
₽73205
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
154 500
income
-
-
-
28 085
health
-
-
-
3 940
social contributions
-
-
-
15 927
total
-
-
-
47 952
Employee
75 696
75 696
143 374
-
social contributions
3 678
6 282
8 474
-
income
7 949
7 007
27 327
-
health
753
1 287
2 438
-
total
12 380
14 576
38 239
-
Employer
75 696
75 696
143 374
-
social contributions
3 678
6 282
8 474
-
health
820
1 401
2 653
-
total
4 498
7 683
11 127
-
Corporate
105 693
71 120
-
-
income
13 211
8 890
-
-
total
13 211
8 890
-
-
Dividends
92 481
62 230
-
-
withholding
15 722
10 579
-
-
total
15 722
10 579
-
-
Income
154 500
154 500
154 500
154 500
Total tax
45 811
41 728
49 366
47 952
After tax
108 689
112 772
105 134
106 548
Living cost
31 929
31 929
31 929
31 929
Free-cash
76 760
80 843
73 205
74 619

Estimated living cost  is ₽31929 per week

₽21827
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2494
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.
₽7073
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽67588
₽67989
₽87760
₽70295
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
154 500
unemployment
-
-
-
2 317
income
-
-
-
18 888
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.

27 817
11 071
129 289
-
pensions
2 782
1 107
12 929
-
unemployment
417
166
1 939
-
income
3 401
1 353
15 806
-
health
1 947
775
9 050
-
total
8 547
3 401
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.

27 817
11 071
129 289
-
pensions
5 424
2 159
25 211
-
total
5 424
2 159
25 211
-
Corporate
121 259
141 270
-
-
income
10 913
12 714
-
-
total
10 913
12 714
-
-
Dividends
110 345
128 556
-
-
social contributions
21 391
24 942
-
-
withholding
20 966
24 426
-
-
total
42 357
49 368
-
-
Income
154 500
154 500
154 500
154 500
Total tax
67 241
67 642
64 935
47 470
After tax
87 259
86 858
89 565
107 030
Living cost
19 270
19 270
19 270
19 270
Free-cash
67 989
67 588
70 295
87 760

Estimated living cost  is ₽19270 per week

₽13150
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1577
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽385
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4158
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽99823
₽93706
₽59035
₽65278
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
154 500
income
-
-
-
20 702
health
-
-
-
20 086
pensions
-
-
-
30 900
total
-
-
-
71 688
Employee
27 926
-
115 468
-
pensions
559
-
2 309
-
unemployment
446
-
1 848
-
income
3 144
-
22 262
-
total
4 149
-
26 419
-
Employer
27 926
-
115 468
-
health
3 630
-
15 010
-
pensions
5 586
-
23 093
-
unemployment
224
-
923
-
total
9 440
-
39 026
-
Corporate
117 134
154 500
-
-
income
23 428
30 900
-
-
total
23 428
30 900
-
-
Dividends
93 707
123 600
-
-
total
-
-
-
-
Income
154 500
154 500
154 500
154 500
Total tax
37 017
30 900
65 445
71 688
After tax
117 483
123 600
89 055
82 812
Living cost
23 777
23 777
23 777
23 777
Free-cash
93 706
99 823
65 278
59 035

Estimated living cost  is ₽23777 per week

₽16308
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1416
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽478
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5574
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽8969
₽9220
₽84196
₽61823
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
247
income
-
-
-
42 019
health
-
-
-
2 130
pensions
-
-
-
4 063
other
-
-
-
362
total
-
-
-
48 821
Employee
33 794
-
138 054
-
pensions
3 805
-
7 450
-
income
4 636
-
31 491
-
health
3 869
-
15 807
-
total
12 310
-
54 748
-
Employer
33 794
-
138 054
-
pensions
5 495
-
10 758
-
accident
564
-
2 306
-
unemployment
828
-
3 382
-
total
6 887
-
16 446
-
Corporate
113 819
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.

102 437
139 050
-
-
total
102 437
139 050
-
-
Dividends
11 382
15 450
-
-
withholding
2 163
2 936
-
-
total
2 163
2 936
-
-
Income
154 500
154 500
154 500
154 500
Total tax
123 797
141 986
71 194
48 821
After tax
30 703
12 514
83 306
105 679
Living cost
21 483
21 483
21 483
21 483
Free-cash
9 220
-8 969
61 823
84 196

Estimated living cost  is ₽21483 per week

₽15745
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1190
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽448
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4100
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

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

Source of data for Gdansk model

Close
Batumi , Georgia
₽138270
₽136675
₽144450
₽115095
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
10 631
-
154 500
-
income
2 126
-
30 900
-
total
2 126
-
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%.

143 869
154 500
-
-
total
-
-
-
-
Dividends
143 869
154 500
-
-
withholding
7 194
7 725
-
-
total
7 194
7 725
-
-
Income
154 500
154 500
154 500
154 500
Total tax
9 320
7 725
30 900
1 545
After tax
145 180
146 775
123 600
152 955
Living cost
8 505
8 505
8 505
8 505
Free-cash
136 675
138 270
115 095
144 450

Estimated living cost  is ₽8505 per week

₽5271
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽707
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽234
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2293
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽87280
₽80632
₽56593
₽61786
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
22 053
health
-
-
-
6 587
pensions

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

-
-
-
35 927
other
-
-
-
7 110
total
-
-
-
71 677
Employee
35 743
-
123 402
-
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.

2 501
-
8 638
-
unemployment
357
-
1 235
-
income
6 154
-
23 785
-
health
501
-
1 728
-
total
9 513
-
35 386
-
Employer
35 743
-
123 402
-
health
501
-
1 728
-
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.

6 077
-
20 979
-
accident
286
-
986
-
other
1 788
-
6 170
-
unemployment
357
-
1 235
-
total
9 009
-
31 098
-
Corporate
109 749
154 500
-
-
income
23 047
32 445
-
-
total
23 047
32 445
-
-
Dividends
86 703
122 055
-
-
withholding
6 069
8 545
-
-
total
6 069
8 545
-
-
Income
154 500
154 500
154 500
154 500
Total tax
47 638
40 990
66 484
71 677
After tax
106 862
113 510
88 016
82 823
Living cost
26 230
26 230
26 230
26 230
Free-cash
80 632
87 280
61 786
56 593

Estimated living cost  is ₽26230 per week

₽18533
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1771
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽422
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5503
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽37043
₽35907
₽37708
₽23613
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
42 033
pensions
-
-
-
8 513
total
-
-
-
50 546
Employee
93 729
-
135 150
-
pensions
9 042
-
10 616
-
income
16 896
-
32 637
-
health
1 544
-
2 038
-
total
27 482
-
45 291
-
Employer
93 729
-
135 150
-
health
1 780
-
2 568
-
pensions
11 067
-
16 782
-
total
12 847
-
19 350
-
Corporate
47 924
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.

9 106
29 354
-
-
total
9 106
29 354
-
-
Dividends
38 819
125 146
-
-
withholding
2 912
21 857
-
-
total
2 912
21 857
-
-
Income
154 500
154 500
154 500
154 500
Total tax
52 347
51 211
64 641
50 546
After tax
102 153
103 289
89 859
103 954
Living cost
66 246
66 246
66 246
66 246
Free-cash
35 907
37 043
23 613
37 708

Estimated living cost  is ₽66246 per week

₽49640
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽7784
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.
₽8285
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽119101
₽114496
₽109082
₽114924
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
154 500
unemployment
-
-
-
139
income
-
-
-
23 175
health
-
-
-
3 982
pensions

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

-
-
-
5 125
total
-
-
-
32 421
Employee
17 210
-
147 706
-
pensions

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

1 511
-
3 040
-
income
1 721
-
14 771
-
health
792
-
1 593
-
accident

We are using the highest rate at 1.1%.

189
-
381
-
total
4 213
-
19 785
-
Employer
17 210
-
147 706
-
health
1 188
-
2 389
-
pensions

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

1 897
-
3 816
-
accident

We are using the highest rate at 1.1%.

189
-
381
-
unemployment
103
-
208
-
total
3 377
-
6 794
-
Corporate
133 913
154 500
-
-
income
13 391
15 450
-
-
total
13 391
15 450
-
-
Dividends
120 522
139 050
-
-
withholding
6 026
6 952
-
-
total
6 026
6 952
-
-
Income
154 500
154 500
154 500
154 500
Total tax
27 007
22 402
26 579
32 421
After tax
127 493
132 098
127 921
122 079
Living cost
12 997
12 997
12 997
12 997
Free-cash
114 496
119 101
114 924
109 082

Estimated living cost  is ₽12997 per week

₽7588
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽928
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.
₽4137
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽21624
₽24099
₽32025
₽39889
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
44 215
health
-
-
-
12 139
pensions
-
-
-
11 534
total
-
-
-
67 888
Employee
91 267
84 064
136 206
-
pensions
11 534
11 534
11 534
-
income

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

13 760
13 760
18 057
-
health
11 386
10 975
12 139
-
total
36 680
36 269
41 730
-
Employer
91 267
84 064
136 206
-
health
6 342
5 843
7 261
-
pensions
6 352
5 851
7 273
-
unemployment
3 286
3 026
3 760
-
total
15 980
14 720
18 294
-
Corporate
47 253
55 715
-
-
income
9 451
11 143
-
-
total
9 451
11 143
-
-
Dividends
37 803
44 572
-
-
income
8 033
9 471
-
-
withholding
5 670
6 686
-
-
total
13 703
16 157
-
-
Income
154 500
154 500
154 500
154 500
Total tax
75 814
78 289
60 024
67 888
After tax
78 686
76 211
94 476
86 612
Living cost
54 587
54 587
54 587
54 587
Free-cash
24 099
21 624
39 889
32 025

Estimated living cost  is ₽54587 per week

₽40267
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4876
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽626
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8819
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽81881
₽73144
₽59148
₽53911
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
solidarity contribution
-
-
-
-
income
-
-
-
14 760
health
-
-
-
20 857
social contributions
-
-
-
35 243
total
-
-
-
70 860
Employee
36 018
-
115 299
-
social contributions
2 341
-
7 494
-
income
4 322
-
13 836
-
solidarity contribution
-
-
-
-
health
4 862
-
15 565
-
total
11 525
-
36 895
-
Employer
36 018
-
115 299
-
social contributions
9 004
-
28 825
-
health
3 242
-
10 377
-
total
12 246
-
39 202
-
Corporate
106 236
154 500
-
-
income
20 185
29 355
-
-
total
20 185
29 355
-
-
Dividends
86 051
125 145
-
-
withholding
12 908
18 772
-
-
total
12 908
18 772
-
-
Income
154 500
154 500
154 500
154 500
Total tax
56 864
48 127
76 097
70 860
After tax
97 636
106 373
78 403
83 640
Living cost
24 492
24 492
24 492
24 492
Free-cash
73 144
81 881
53 911
59 148

Estimated living cost  is ₽24492 per week

₽17012
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1742
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽482
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5256
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽40894
₽35754
₽33409
₽26417
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
municipal
-
-
-
917
national
-
-
-
37 095
regional
-
-
-
1 803
social contributions
-
-
-
39 738
total
-
-
-
79 553
Employee
87 488
-
154 500
-
national
15 160
-
32 038
-
social contributions
29 501
-
52 097
-
municipal
463
-
820
-
regional
826
-
1 590
-
total
45 950
-
86 545
-
Employer
87 488
-
154 500
-
total
-
-
-
-
Corporate
67 012
154 500
-
-
municipal
2 613
6 025
-
-
nationa
16 082
37 080
-
-
total
18 695
43 105
-
-
Dividends
48 316
111 396
-
-
withholding
12 563
28 963
-
-
total
12 563
28 963
-
-
Income
154 500
154 500
154 500
154 500
Total tax
77 208
72 068
86 545
79 553
After tax
77 292
82 432
67 955
74 947
Living cost
41 538
41 538
41 538
41 538
Free-cash
35 754
40 894
26 417
33 409

Estimated living cost  is ₽41538 per week

₽28956
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2724
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽637
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9221
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽75458
₽72393
₽51599
₽46045
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
154 500
unemployment
-
-
-
224
income
-
-
-
39 578
health
-
-
-
9 327
surtax
-
-
-
5 772
pensions
-
-
-
26 277
other
-
-
-
-
total
-
-
-
81 178
Employee
32 554
-
127 633
-
pensions
2 171
-
8 513
-
unemployment
2 266
-
8 883
-
income
5 457
-
34 319
-
other
-
-
-
-
surtax
106
-
4 896
-
health
831
-
3 254
-
total
10 831
-
59 865
-
Employer
32 554
-
127 633
-
health
1 481
-
5 808
-
pensions
4 340
-
17 013
-
other
-
-
-
-
unemployment
1 031
-
4 046
-
total
6 852
-
26 867
-
Corporate
115 094
154 500
-
-
income
29 925
40 170
-
-
total
29 925
40 170
-
-
Dividends
85 169
114 330
-
-
withholding
12 776
17 149
-
-
total
12 776
17 149
-
-
Income
154 500
154 500
154 500
154 500
Total tax
60 384
57 319
86 732
81 178
After tax
94 116
97 181
67 768
73 322
Living cost
21 723
21 723
21 723
21 723
Free-cash
72 393
75 458
46 045
51 599

Estimated living cost  is ₽21723 per week

₽13282
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2004
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽501
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5935
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽58031
₽62706
₽58696
₽44601
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
42 033
pensions
-
-
-
8 513
total
-
-
-
50 546
Employee
62 815
-
135 150
-
pensions
5 332
-
10 616
-
income
11 313
-
32 637
-
health
912
-
2 038
-
total
17 557
-
45 291
-
Employer
62 815
-
135 150
-
health
1 193
-
2 568
-
pensions
6 800
-
16 782
-
total
7 993
-
19 350
-
Corporate
83 692
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.

15 901
29 354
-
-
total
15 901
29 354
-
-
Dividends
67 792
125 146
-
-
withholding
5 085
21 857
-
-
total
5 085
21 857
-
-
Income
154 500
154 500
154 500
154 500
Total tax
46 536
51 211
64 641
50 546
After tax
107 964
103 289
89 859
103 954
Living cost
45 258
45 258
45 258
45 258
Free-cash
62 706
58 031
44 601
58 696

Estimated living cost  is ₽45258 per week

₽33907
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3392
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.
₽7485
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽6301
₽26624
₽49248
₽41742
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
city
-
-
-
1 629
national
-
-
-
1 975
regional
-
-
-
7 048
health
-
-
-
348
pensions
-
-
-
14 214
other

This will depend on a canton and a chosen fund. The rate is between 0.3% and 3.4% with a maximum base of 148,200 CHF. We use 2% as an average rate.

-
-
-
3 089
total
-
-
-
28 303
Employee
90 050
-
138 286
-
national
426
-
1 619
-
city
966
-
1 486
-
pensions
7 565
-
11 617
-
unemployment
-
-
-
-
health
204
-
310
-
regional
2 949
-
6 085
-
total
12 110
-
21 117
-
Employer
90 050
-
138 286
-
health
204
-
310
-
pensions
7 565
-
11 617
-
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.

1 800
-
2 765
-
unemployment
-
-
-
-
total
9 569
-
14 692
-
Corporate
53 890
154 500
-
-
national
4 581
13 133
-
-
regional
11 398
32 677
-
-
total
15 979
45 810
-
-
Dividends
37 912
108 691
-
-
withholding
13 269
38 042
-
-
total
13 269
38 042
-
-
Income
154 500
154 500
154 500
154 500
Total tax
50 927
83 852
35 809
28 303
After tax
103 573
70 648
118 691
126 197
Living cost
76 949
76 949
76 949
76 949
Free-cash
26 624
-6 301
41 742
49 248

Estimated living cost  is ₽76949 per week

₽50039
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽6905
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽945
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽19060
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽31271
₽47235
₽35859
₽54506
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
154 500
trade
-
-
-
18 647
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.

-
-
-
45 662
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.

-
-
-
6 725
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.

-
-
-
2 511
total
-
-
-
73 545
Employee

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

59 161
-
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.

6 957
-
45 662
-
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.

383
-
2 511
-
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.

6 725
-
6 725
-
total
14 065
-
54 898
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
95 339
154 500
-
-
income
14 300
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.

786
1 274
-
-
trade
16 351
26 497
-
-
chamber of commerce
284
366
-
-
total
31 721
51 313
-
-
Dividends
63 617
103 187
-
-
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.

854
1 397
-
-
withholding
15 529
25 423
-
-
total
16 383
26 820
-
-
Income
154 500
154 500
154 500
154 500
Total tax
62 169
78 133
54 898
73 545
After tax
92 331
76 367
99 602
80 955
Living cost
45 096
45 096
45 096
45 096
Free-cash
47 235
31 271
54 506
35 859

Estimated living cost  is ₽45096 per week

₽32936
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3607
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽587
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7967
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽44188
₽50003
₽53692
₽53334
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
22 645
health
-
-
-
5 942
surtax
-
-
-
-
pensions
-
-
-
29 350
other
-
-
-
4 790
social contributions
-
-
-
4 401
total
-
-
-
67 128
Employee
42 131
-
120 773
-
pensions
4 764
-
7 902
-
social contributions
1 201
-
3 441
-
income
2 486
-
22 418
-
surtax
-
-
-
-
total
8 451
-
33 761
-
Employer
42 131
-
120 773
-
social contributions
127
-
362
-
health
2 950
-
10 586
-
pensions
6 921
-
13 387
-
other
1 453
-
4 499
-
unemployment
1 706
-
4 891
-
total
13 157
-
33 725
-
Corporate
99 212
154 500
-
-
income
27 779
43 260
-
-
surtax
-
-
-
-
total
27 779
43 260
-
-
Dividends
71 433
111 240
-
-
social contributions
12 286
19 133
-
-
surtax
-
-
-
-
withholding
9 144
14 239
-
-
total
21 430
33 372
-
-
Income
154 500
154 500
154 500
154 500
Total tax
70 817
76 632
67 486
67 128
After tax
83 683
77 868
87 014
87 372
Living cost
33 680
33 680
33 680
33 680
Free-cash
50 003
44 188
53 334
53 692

Estimated living cost  is ₽33680 per week

₽21237
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2739
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽574
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9133
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽47525
₽52996
₽57029
₽56671
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
22 645
health
-
-
-
5 942
surtax
-
-
-
-
pensions
-
-
-
29 350
other
-
-
-
4 790
social contributions
-
-
-
4 401
total
-
-
-
67 128
Employee
37 608
-
120 773
-
pensions
4 254
-
7 902
-
social contributions
1 072
-
3 441
-
income
1 939
-
22 418
-
surtax
-
-
-
-
total
7 265
-
33 761
-
Employer
37 608
-
120 773
-
social contributions
112
-
362
-
health
2 632
-
10 586
-
pensions
6 180
-
13 387
-
other
1 298
-
4 499
-
unemployment
1 522
-
4 891
-
total
11 744
-
33 725
-
Corporate
105 147
154 500
-
-
income
29 441
43 260
-
-
surtax
-
-
-
-
total
29 441
43 260
-
-
Dividends
75 706
111 240
-
-
social contributions
13 021
19 133
-
-
surtax
-
-
-
-
withholding
9 690
14 239
-
-
total
22 711
33 372
-
-
Income
154 500
154 500
154 500
154 500
Total tax
71 161
76 632
67 486
67 128
After tax
83 339
77 868
87 014
87 372
Living cost
30 343
30 343
30 343
30 343
Free-cash
52 996
47 525
56 671
57 029

Estimated living cost  is ₽30343 per week

₽17597
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3082
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽575
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9088
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽73384
₽73897
₽78344
₽75714
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
10 785
social contributions
-
-
-
21 321
total
-
-
-
55 282
Employee
33 377
-
154 500
-
social contributions
4 607
-
21 321
-
income
5 567
-
25 806
-
health
2 330
-
10 785
-
total
12 504
-
57 912
-
Employer
33 377
-
154 500
-
total
-
-
-
-
Corporate
121 123
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%.

6 056
7 725
-
-
total
6 056
7 725
-
-
Dividends
115 066
146 775
-
-
social contributions
15 879
20 256
-
-
health
8 031
10 245
-
-
withholding
17 259
22 016
-
-
total
41 169
52 517
-
-
Income
154 500
154 500
154 500
154 500
Total tax
59 729
60 242
57 912
55 282
After tax
94 771
94 258
96 588
99 218
Living cost
20 874
20 874
20 874
20 874
Free-cash
73 897
73 384
75 714
78 344

Estimated living cost  is ₽20874 per week

₽13970
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1287
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽480
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5135
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽50978
₽49455
₽44557
₽5797
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
154 500
unemployment
-
-
-
6 038
income
-
-
-
38 333
chamber of commerce
-
-
-
618
health
-
-
-
8 797
surtax
-
-
-
194
pensions
-
-
-
21 276
total
-
-
-
75 256
Employee
49 196
39 230
120 785
-
pensions
5 038
4 016
11 776
-
unemployment
1 476
1 177
3 450
-
income
5 601
2 894
30 213
-
other
491
392
1 151
-
health
1 904
1 519
4 450
-
total
14 510
9 998
51 040
-
Employer
49 196
39 230
120 785
-
chamber of commerce
196
157
484
-
health
1 859
1 483
4 347
-
payroll
1 476
1 177
3 624
-
pensions
6 174
4 924
14 433
-
surtax
194
194
194
-
accident
639
510
1 494
-
other
2 337
1 862
5 688
-
unemployment
1 476
1 177
3 450
-
total
14 351
11 484
33 714
-
Corporate
90 953
103 785
117 048
-
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.

22 738
25 946
29 262
-
total
22 738
25 946
29 262
-
Dividends
68 215
77 839
-
-
withholding
18 759
21 407
-
-
total
18 759
21 407
-
-
Income
154 500
154 500
154 500
154 500
Total tax
70 358
68 835
114 016
75 256
After tax
84 142
85 665
40 484
79 244
Living cost
34 687
34 687
34 687
34 687
Free-cash
49 455
50 978
5 797
44 557

Estimated living cost  is ₽34687 per week

₽23135
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2959
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽570
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8023
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽50553
₽35792
₽31190
₽19559
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
national
-
-
-
55 553
communal

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

-
-
-
7 827
social contributions
-
-
-
24 037
total
-
-
-
87 417
Employee

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

70 415
-
119 666
-
national
21 648
-
42 335
-
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.

5 281
-
8 974
-
communal

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

3 673
-
6 241
-
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.

613
-
1 041
-
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.

3 308
-
5 625
-
total
34 523
-
64 216
-
Employer

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

70 415
-
119 666
-
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.

4 330
-
7 358
-
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.

6 239
-
10 601
-
surtax
7 984
-
13 570
-
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.

915
-
1 556
-
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.

1 027
-
1 747
-
total
20 495
-
34 832
-
Corporate
63 588
154 500
-
-
income
12 718
30 900
-
-
surtax
254
618
-
-
total
12 972
31 518
-
-
Dividends
50 616
122 981
-
-
withholding

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

14 825
36 536
-
-
total
14 825
36 536
-
-
Income
154 500
154 500
154 500
154 500
Total tax
82 815
68 054
99 048
87 417
After tax
71 685
86 446
55 452
67 083
Living cost
35 893
35 893
35 893
35 893
Free-cash
35 792
50 553
19 559
31 190

Estimated living cost  is ₽35893 per week

₽23120
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3138
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽562
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9073
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽67660
₽60577
₽51365
₽47236
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
154 500
unemployment
-
-
-
639
accident
-
-
-
822
income
-
-
-
40 210
pensions
-
-
-
25 821
other
-
-
-
92
total
-
-
-
67 584
Employee
49 001
-
125 412
-
pensions
2 303
-
4 289
-
unemployment
760
-
1 414
-
income
10 339
-
36 830
-
other
49
-
92
-
total
13 451
-
42 625
-
Employer
49 001
-
125 412
-
pensions
11 564
-
21 534
-
accident
970
-
1 806
-
other
390
-
730
-
unemployment
2 696
-
5 018
-
total
15 620
-
29 088
-
Corporate
89 879
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.

13 482
23 176
-
-
total
13 482
23 176
-
-
Dividends
76 397
131 324
-
-
withholding
15 819
28 113
-
-
total
15 819
28 113
-
-
Income
154 500
154 500
154 500
154 500
Total tax
58 372
51 289
71 713
67 584
After tax
96 128
103 211
82 787
86 916
Living cost
35 551
35 551
35 551
35 551
Free-cash
60 577
67 660
47 236
51 365

Estimated living cost  is ₽35551 per week

₽26180
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2522
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽512
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6337
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽37984
₽26330
₽25005
₽31166
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
1 302
income
-
-
-
23 259
communal
-
-
-
9 765
health
-
-
-
10 856
surtax
-
-
-
7 659
pensions
-
-
-
23 157
total
-
-
-
75 998
Employee
74 548
-
138 007
-
pensions
5 963
-
11 040
-
income
7 201
-
27 705
-
surtax
4 569
-
8 457
-
health
3 318
-
6 142
-
total
21 051
-
53 344
-
Employer
74 548
-
138 007
-
health
2 273
-
4 211
-
pensions
5 963
-
11 040
-
accident
671
-
1 242
-
total
8 907
-
16 493
-
Corporate
71 045
154 500
-
-
income
10 657
23 176
-
-
surtax
745
1 622
-
-
communal
4 795
10 430
-
-
total
16 197
35 228
-
-
Dividends
54 846
119 273
-
-
income
20 291
9 900
-
-
withholding
8 227
17 891
-
-
total
28 518
27 791
-
-
Income
154 500
154 500
154 500
154 500
Total tax
74 673
63 019
69 837
75 998
After tax
79 827
91 481
84 663
78 502
Living cost
53 497
53 497
53 497
53 497
Free-cash
26 330
37 984
31 166
25 005

Estimated living cost  is ₽53497 per week

₽40130
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3241
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽566
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9557
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽75070
₽71936
₽51211
₽45657
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
154 500
unemployment
-
-
-
224
income
-
-
-
39 578
health
-
-
-
9 327
surtax
-
-
-
5 772
pensions
-
-
-
26 277
other
-
-
-
-
total
-
-
-
81 178
Employee
33 151
-
127 633
-
pensions
2 212
-
8 513
-
unemployment
2 307
-
8 883
-
income
5 558
-
34 319
-
other
-
-
-
-
surtax
118
-
4 896
-
health
846
-
3 254
-
total
11 041
-
59 865
-
Employer
33 151
-
127 633
-
health
1 508
-
5 808
-
pensions
4 420
-
17 013
-
other
-
-
-
-
unemployment
1 052
-
4 046
-
total
6 980
-
26 867
-
Corporate
114 369
154 500
-
-
income
29 736
40 170
-
-
total
29 736
40 170
-
-
Dividends
84 633
114 330
-
-
withholding
12 696
17 149
-
-
total
12 696
17 149
-
-
Income
154 500
154 500
154 500
154 500
Total tax
60 453
57 319
86 732
81 178
After tax
94 047
97 181
67 768
73 322
Living cost
22 111
22 111
22 111
22 111
Free-cash
71 936
75 070
45 657
51 211

Estimated living cost  is ₽22111 per week

₽13349
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1922
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.
₽6327
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽54691
₽52505
₽47902
₽40949
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
municipal
-
-
-
917
national
-
-
-
37 095
regional
-
-
-
2 330
social contributions
-
-
-
39 738
total
-
-
-
80 080
Employee
54 606
-
154 500
-
national
8 651
-
32 038
-
social contributions
18 414
-
52 097
-
municipal
290
-
820
-
regional
735
-
2 078
-
total
28 090
-
87 033
-
Employer
54 606
-
154 500
-
total
-
-
-
-
Corporate
99 894
154 500
-
-
municipal
4 965
7 678
-
-
nationa
23 975
37 080
-
-
total
28 940
44 758
-
-
Dividends
70 953
109 742
-
-
withholding
18 447
28 533
-
-
total
18 447
28 533
-
-
Income
154 500
154 500
154 500
154 500
Total tax
75 477
73 291
87 033
80 080
After tax
79 023
81 209
67 467
74 420
Living cost
26 518
26 518
26 518
26 518
Free-cash
52 505
54 691
40 949
47 902

Estimated living cost  is ₽26518 per week

₽16492
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2686
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽454
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6886
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽76192
₽65425
₽53459
₽48222
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
solidarity contribution
-
-
-
-
income
-
-
-
14 760
health
-
-
-
20 857
social contributions
-
-
-
35 243
total
-
-
-
70 860
Employee
44 383
-
115 299
-
social contributions
2 885
-
7 494
-
income
5 326
-
13 836
-
solidarity contribution
-
-
-
-
health
5 992
-
15 565
-
total
14 203
-
36 895
-
Employer
44 383
-
115 299
-
social contributions
11 096
-
28 825
-
health
3 994
-
10 377
-
total
15 090
-
39 202
-
Corporate
95 026
154 500
-
-
income
18 055
29 355
-
-
total
18 055
29 355
-
-
Dividends
76 971
125 145
-
-
withholding
11 546
18 772
-
-
total
11 546
18 772
-
-
Income
154 500
154 500
154 500
154 500
Total tax
58 894
48 127
76 097
70 860
After tax
95 606
106 373
78 403
83 640
Living cost
30 181
30 181
30 181
30 181
Free-cash
65 425
76 192
48 222
53 459

Estimated living cost  is ₽30181 per week

₽22444
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1672
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽522
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5542
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽54365
₽53876
₽48032
₽9137
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
154 500
unemployment
-
-
-
6 038
income
-
-
-
38 333
chamber of commerce
-
-
-
618
health
-
-
-
8 797
surtax
-
-
-
-
pensions
-
-
-
21 276
total
-
-
-
75 062
Employee
43 031
39 230
120 968
-
pensions
4 407
4 016
11 776
-
unemployment
1 291
1 177
3 450
-
income
3 833
2 894
30 289
-
other
430
392
1 151
-
health
1 664
1 519
4 450
-
total
11 625
9 998
51 116
-
Employer
43 031
39 230
120 968
-
chamber of commerce
172
157
484
-
health
1 627
1 483
4 347
-
payroll
1 291
1 177
3 630
-
pensions
5 401
4 924
14 433
-
surtax
-
-
-
-
accident
559
510
1 494
-
other
2 044
1 862
5 694
-
unemployment
1 291
1 177
3 450
-
total
12 385
11 290
33 532
-
Corporate
99 085
103 979
117 231
-
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.

24 771
25 995
29 309
-
total
24 771
25 995
29 309
-
Dividends
74 314
77 985
-
-
withholding
20 437
21 446
-
-
total
20 437
21 446
-
-
Income
154 500
154 500
154 500
154 500
Total tax
69 218
68 729
113 957
75 062
After tax
85 282
85 771
40 543
79 438
Living cost
31 406
31 406
31 406
31 406
Free-cash
53 876
54 365
9 137
48 032

Estimated living cost  is ₽31406 per week

₽18840
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3208
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.
₽8799
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽133521
₽131035
₽139701
₽110346
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
16 567
-
154 500
-
income
3 314
-
30 900
-
total
3 314
-
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%.

137 933
154 500
-
-
total
-
-
-
-
Dividends
137 933
154 500
-
-
withholding
6 897
7 725
-
-
total
6 897
7 725
-
-
Income
154 500
154 500
154 500
154 500
Total tax
10 211
7 725
30 900
1 545
After tax
144 289
146 775
123 600
152 955
Living cost
13 254
13 254
13 254
13 254
Free-cash
131 035
133 521
110 346
139 701

Estimated living cost  is ₽13254 per week

₽8969
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽556
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽444
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3284
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽79968
₽71735
₽50013
₽45921
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

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

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

-
-
-
154 500
unemployment
-
-
-
232
income
-
-
-
34 432
health
-
-
-
15 203
pensions
-
-
-
28 216
total
-
-
-
78 083
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.

43 531
-
133 686
-
pensions
6 748
-
20 721
-
unemployment
62
-
187
-
income
7 507
-
31 817
-
health
2 811
-
8 636
-
total
17 128
-
61 361
-
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.

43 531
-
133 686
-
health
2 899
-
8 903
-
pensions
3 852
-
11 831
-
unemployment
26
-
80
-
total
6 777
-
20 814
-
Corporate
104 192
154 500
-
-
income
19 796
29 355
-
-
total
19 796
29 355
-
-
Dividends
84 396
125 145
-
-
withholding
12 660
18 773
-
-
total
12 660
18 773
-
-
Income
154 500
154 500
154 500
154 500
Total tax
56 361
48 128
82 175
78 083
After tax
98 139
106 372
72 325
76 417
Living cost
26 404
26 404
26 404
26 404
Free-cash
71 735
79 968
45 921
50 013

Estimated living cost  is ₽26404 per week

₽18121
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1692
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽512
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6081
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽47693
-₽5513
₽60467
₽94077
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
66 395
-
-
-
social contributions
5 444
-
776
-
income
14 646
-
-
-
total
20 090
-
776
-
Employer
66 395
-
-
-
social contributions
93 618
-
13 342
-
total
93 618
-
13 342
-
Corporate
-
154 500
-
-
income
-
33 990
-
-
total
-
33 990
-
-
Dividends
-
120 510
-
-
income
-
26 512
-
-
total
-
26 512
-
-
Income
154 500
154 500
154 500
154 500
Total tax
113 708
60 502
14 118
47 728
After tax
40 792
93 998
140 382
106 772
Living cost
46 305
46 305
46 305
46 305
Free-cash
-5 513
47 693
94 077
60 467

Estimated living cost  is ₽46305 per week

₽30045
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4355
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.
₽11315
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽57002
₽56010
₽52543
₽41366
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
17 390
surtax
-
-
-
-
social contributions

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

-
-
-
53 689
total
-
-
-
71 079
Employee
45 275
-
124 848
-
social contributions
4 980
-
13 732
-
income
9 417
-
38 874
-
surtax
-
-
-
-
total
14 397
-
52 606
-
Employer
45 275
-
124 848
-
social contributions
10 753
-
29 650
-
total
10 753
-
29 650
-
Corporate
98 472
154 500
-
-
income
20 680
32 445
-
-
surtax
-
-
-
-
total
20 680
32 445
-
-
Dividends
77 792
122 055
-
-
withholding
21 782
34 175
-
-
total
21 782
34 175
-
-
Income
154 500
154 500
154 500
154 500
Total tax
67 612
66 620
82 256
71 079
After tax
86 888
87 880
72 244
83 421
Living cost
30 878
30 878
30 878
30 878
Free-cash
56 010
57 002
41 366
52 543

Estimated living cost  is ₽30878 per week

₽23103
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1821
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.
₽5438
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽30322
₽37088
₽39826
₽39468
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
22 645
health
-
-
-
5 942
surtax
-
-
-
-
pensions
-
-
-
29 350
other
-
-
-
4 790
social contributions
-
-
-
4 401
total
-
-
-
67 128
Employee
61 655
-
120 773
-
pensions
6 974
-
7 902
-
social contributions
1 756
-
3 441
-
income
5 380
-
22 418
-
surtax
-
-
-
-
total
14 110
-
33 761
-
Employer
61 655
-
120 773
-
social contributions
185
-
362
-
health
4 315
-
10 586
-
pensions
10 131
-
13 387
-
other
2 128
-
4 499
-
unemployment
2 498
-
4 891
-
total
19 257
-
33 725
-
Corporate
73 588
154 500
-
-
income
20 605
43 260
-
-
surtax
-
-
-
-
total
20 605
43 260
-
-
Dividends
52 983
111 240
-
-
social contributions
9 113
19 133
-
-
surtax
-
-
-
-
withholding
6 781
14 239
-
-
total
15 894
33 372
-
-
Income
154 500
154 500
154 500
154 500
Total tax
69 866
76 632
67 486
67 128
After tax
84 634
77 868
87 014
87 372
Living cost
47 546
47 546
47 546
47 546
Free-cash
37 088
30 322
39 468
39 826

Estimated living cost  is ₽47546 per week

₽32178
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3889
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽652
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10826
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽109460
₽106151
₽84846
₽88954
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
6 073
social contributions
-
-
-
33 990
total
-
-
-
40 063
Employee
31 648
-
133 766
-
social contributions
2 057
-
8 694
-
income
-
-
6 529
-
total
2 057
-
15 223
-
Employer
31 648
-
133 766
-
social contributions
4 906
-
20 732
-
total
4 906
-
20 732
-
Corporate
117 947
154 500
-
-
income
11 795
15 449
-
-
total
11 795
15 449
-
-
Dividends
106 152
139 051
-
-
total
-
-
-
-
Income
154 500
154 500
154 500
154 500
Total tax
18 758
15 449
35 955
40 063
After tax
135 742
139 051
118 545
114 437
Living cost
29 591
29 591
29 591
29 591
Free-cash
106 151
109 460
88 954
84 846

Estimated living cost  is ₽29591 per week

₽19133
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2231
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽557
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7670
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽59574
-₽59574
₽44874
-₽59574
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
municipal
-
-
-
31 632
national
-
-
-
17 531
labour market
-
-
-
12 292
pensions
-
-
-
852
total
-
-
-
62 307
Employee
199 724
199 724
199 724
-
national
24 400
24 400
24 400
-
pensions
284
284
284
-
municipal
42 530
42 530
42 530
-
labour market
15 955
15 955
15 955
-
total
83 169
83 169
83 169
-
Employer
199 724
199 724
199 724
-
municipal
42 598
42 598
42 598
-
labour market
15 978
15 978
15 978
-
national
24 442
24 442
24 442
-
pensions
568
568
568
-
total
83 586
83 586
83 586
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
154 500
154 500
154 500
154 500
Total tax
166 755
166 755
166 755
62 307
After tax
-12 255
-12 255
-12 255
92 193
Living cost
47 319
47 319
47 319
47 319
Free-cash
-59 574
-59 574
-59 574
44 874

Estimated living cost  is ₽47319 per week

₽32386
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4186
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽728
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10020
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽8652
₽9267
₽84513
₽62140
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
247
income
-
-
-
42 019
health
-
-
-
2 130
pensions
-
-
-
4 063
other
-
-
-
362
total
-
-
-
48 821
Employee
33 296
-
138 054
-
pensions
3 749
-
7 450
-
income
4 568
-
31 491
-
health
3 813
-
15 807
-
total
12 130
-
54 748
-
Employer
33 296
-
138 054
-
pensions
5 414
-
10 758
-
accident
556
-
2 306
-
unemployment
816
-
3 382
-
total
6 786
-
16 446
-
Corporate
114 419
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.

102 977
139 050
-
-
total
102 977
139 050
-
-
Dividends
11 442
15 450
-
-
withholding
2 174
2 936
-
-
total
2 174
2 936
-
-
Income
154 500
154 500
154 500
154 500
Total tax
124 067
141 986
71 194
48 821
After tax
30 433
12 514
83 306
105 679
Living cost
21 166
21 166
21 166
21 166
Free-cash
9 267
-8 652
62 140
84 513

Estimated living cost  is ₽21166 per week

₽15407
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1207
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽397
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4156
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

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

Source of data for Krakow model

Close
Helsinki , Finland
₽60193
₽62213
₽64603
₽44455
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
154 500
municipal
-
-
-
27 455
national
-
-
-
22 679
health
-
-
-
1 969
total
-
-
-
52 103
Employee
51 792
-
129 974
-
national
856
-
14 231
-
pensions
3 495
-
8 773
-
unemployment
777
-
1 950
-
municipal
8 483
-
21 179
-
health
387
-
1 592
-
total
13 998
-
47 725
-
Employer
51 792
-
129 974
-
health
398
-
1 001
-
pensions
8 986
-
22 550
-
accident
52
-
131
-
unemployment
336
-
844
-
total
9 772
-
24 526
-
Corporate
92 936
154 500
-
-
income
18 588
30 900
-
-
total
18 588
30 900
-
-
Dividends

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

55 762
92 700
-
-
municipal
10 037
16 686
-
-
national
2 098
8 927
-
-
total
12 135
25 613
-
-
Income
154 500
154 500
154 500
154 500
Total tax
54 493
56 513
72 251
52 103
After tax
100 007
97 987
82 249
102 397
Living cost
37 794
37 794
37 794
37 794
Free-cash
62 213
60 193
44 455
64 603

Estimated living cost  is ₽37794 per week

₽24687
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3635
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽602
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8872
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽89980
₽84620
₽83756
₽82342
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
154 500
income
-
-
-
28 085
health
-
-
-
3 940
social contributions
-
-
-
15 927
total
-
-
-
47 952
Employee
75 696
75 696
143 374
-
social contributions
2 862
6 282
8 474
-
income
8 242
7 007
27 327
-
health
587
1 287
2 438
-
total
11 691
14 576
38 239
-
Employer
75 696
75 696
143 374
-
social contributions
2 862
6 282
8 474
-
health
637
1 401
2 653
-
total
3 499
7 683
11 127
-
Corporate
116 519
71 120
-
-
income
14 566
8 890
-
-
total
14 566
8 890
-
-
Dividends
101 953
62 230
-
-
withholding
17 332
10 579
-
-
total
17 332
10 579
-
-
Income
154 500
154 500
154 500
154 500
Total tax
47 088
41 728
49 366
47 952
After tax
107 412
112 772
105 134
106 548
Living cost
22 792
22 792
22 792
22 792
Free-cash
84 620
89 980
82 342
83 756

Estimated living cost  is ₽22792 per week

₽13660
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2236
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽504
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6393
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽112313
₽107304
₽113456
₽93710
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

  • up to €9,000.00, 60% of the average monthly wage in Montenegro
  • up to €15,000.00, 100% of the average monthly wage in Montenegro
  • in excess of €15,000, 150% of the average monthly wage in Montenegro
-
-
-
154 500
unemployment
-
-
-
28
income
-
-
-
15 563
health
-
-
-
3 562
pensions
-
-
-
6 262
total
-
-
-
25 415
Employee

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

22 596
-
144 879
-
pensions
3 389
-
14 011
-
unemployment
112
-
467
-
income
1 545
-
13 124
-
health
1 920
-
7 939
-
total
6 966
-
35 541
-
Employer

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

22 596
-
144 879
-
health
971
-
4 016
-
pensions
1 242
-
5 137
-
unemployment
112
-
467
-
total
2 325
-
9 620
-
Corporate
129 579
154 500
-
-
income
11 663
13 904
-
-
total
11 663
13 904
-
-
Dividends
117 916
140 596
-
-
withholding
10 613
12 654
-
-
total
10 613
12 654
-
-
Income
154 500
154 500
154 500
154 500
Total tax
31 567
26 558
45 161
25 415
After tax
122 933
127 942
109 339
129 085
Living cost
15 629
15 629
15 629
15 629
Free-cash
107 304
112 313
93 710
113 456

Estimated living cost  is ₽15629 per week

₽9972
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1126
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽465
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4065
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽76141
₽71737
₽59846
₽55717
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
154 500
unemployment
-
-
-
639
accident
-
-
-
822
income
-
-
-
40 210
pensions
-
-
-
25 821
other
-
-
-
92
total
-
-
-
67 584
Employee
36 399
-
125 412
-
pensions
1 711
-
4 289
-
unemployment
564
-
1 414
-
income
7 018
-
36 830
-
other
35
-
92
-
total
9 328
-
42 625
-
Employer
36 399
-
125 412
-
pensions
8 590
-
21 534
-
accident
721
-
1 806
-
other
291
-
730
-
unemployment
2 003
-
5 018
-
total
11 605
-
29 088
-
Corporate
106 496
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.

15 974
23 176
-
-
total
15 974
23 176
-
-
Dividends
90 522
131 324
-
-
withholding
18 786
28 113
-
-
total
18 786
28 113
-
-
Income
154 500
154 500
154 500
154 500
Total tax
55 693
51 289
71 713
67 584
After tax
98 807
103 211
82 787
86 916
Living cost
27 070
27 070
27 070
27 070
Free-cash
71 737
76 141
55 717
59 846

Estimated living cost  is ₽27070 per week

₽18272
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2602
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽474
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5722
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽94742
₽94469
₽97780
₽97661
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
52 957
health
-
-
-
881
pensions
-
-
-
1 216
total
-
-
-
55 054
Employee
2 538
-
153 133
-
pensions
228
-
547
-
unemployment
25
-
61
-
income
491
-
52 893
-
health
127
-
304
-
total
871
-
53 805
-
Employer
2 538
-
153 133
-
health
241
-
577
-
pensions
279
-
669
-
unemployment
51
-
122
-
total
571
-
1 368
-
Corporate
151 391
154 500
-
-
income
33 306
33 990
-
-
total
33 306
33 990
-
-
Dividends
118 085
120 510
-
-
withholding
23 617
24 102
-
-
total
23 617
24 102
-
-
Income
154 500
154 500
154 500
154 500
Total tax
58 365
58 092
55 173
55 054
After tax
96 135
96 408
99 327
99 446
Living cost
1 666
1 666
1 666
1 666
Free-cash
94 469
94 742
97 661
97 780

Estimated living cost  is ₽1666 per week

₽990
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽135
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽38
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽503
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽94631
₽89796
₽75532
₽75532
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

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

-
-
-
154 500
unemployment
-
-
-
1 089
income
-
-
-
34 520
health
-
-
-
7 481
pensions
-
-
-
18 883
total
-
-
-
61 973
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.

25 628
-
141 500
-
pensions
3 588
-
10 168
-
unemployment
192
-
545
-
income
3 533
-
34 520
-
health
1 320
-
3 740
-
total
8 633
-
48 973
-
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.

25 628
-
141 500
-
health
1 320
-
3 740
-
pensions
3 075
-
8 715
-
unemployment
192
-
545
-
total
4 587
-
13 000
-
Corporate
124 285
154 500
-
-
income
18 643
23 175
-
-
total
18 643
23 175
-
-
Dividends
105 642
131 325
-
-
withholding
15 846
19 699
-
-
total
15 846
19 699
-
-
Income
154 500
154 500
154 500
154 500
Total tax
47 709
42 874
61 973
61 973
After tax
106 791
111 626
92 527
92 527
Living cost
16 995
16 995
16 995
16 995
Free-cash
89 796
94 631
75 532
75 532

Estimated living cost  is ₽16995 per week

₽11443
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1315
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽492
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3746
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽61341
₽60987
₽56882
₽45705
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
17 390
surtax
-
-
-
-
social contributions

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

-
-
-
53 689
total
-
-
-
71 079
Employee
38 207
-
124 848
-
social contributions
4 203
-
13 732
-
income
7 465
-
38 874
-
surtax
-
-
-
-
total
11 668
-
52 606
-
Employer
38 207
-
124 848
-
social contributions
9 073
-
29 650
-
total
9 073
-
29 650
-
Corporate
107 220
154 500
-
-
income
22 516
32 445
-
-
surtax
-
-
-
-
total
22 516
32 445
-
-
Dividends
84 703
122 055
-
-
withholding
23 717
34 175
-
-
total
23 717
34 175
-
-
Income
154 500
154 500
154 500
154 500
Total tax
66 974
66 620
82 256
71 079
After tax
87 526
87 880
72 244
83 421
Living cost
26 539
26 539
26 539
26 539
Free-cash
60 987
61 341
45 705
56 882

Estimated living cost  is ₽26539 per week

₽18797
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1844
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.
₽5429
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽68615
₽61866
₽52320
₽48191
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
154 500
unemployment
-
-
-
639
accident
-
-
-
822
income
-
-
-
40 210
pensions
-
-
-
25 821
other
-
-
-
92
total
-
-
-
67 584
Employee
47 542
-
125 412
-
pensions
2 234
-
4 289
-
unemployment
736
-
1 414
-
income
9 930
-
36 830
-
other
47
-
92
-
total
12 947
-
42 625
-
Employer
47 542
-
125 412
-
pensions
11 220
-
21 534
-
accident
942
-
1 806
-
other
381
-
730
-
unemployment
2 615
-
5 018
-
total
15 158
-
29 088
-
Corporate
91 800
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.

13 770
23 176
-
-
total
13 770
23 176
-
-
Dividends
78 030
131 324
-
-
withholding
16 163
28 113
-
-
total
16 163
28 113
-
-
Income
154 500
154 500
154 500
154 500
Total tax
58 038
51 289
71 713
67 584
After tax
96 462
103 211
82 787
86 916
Living cost
34 596
34 596
34 596
34 596
Free-cash
61 866
68 615
48 191
52 320

Estimated living cost  is ₽34596 per week

₽24846
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2690
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽488
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6574
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽115045
₽109004
₽105026
₽110868
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
154 500
unemployment
-
-
-
139
income
-
-
-
23 175
health
-
-
-
3 982
pensions

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

-
-
-
5 125
total
-
-
-
32 421
Employee
22 581
-
147 706
-
pensions

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

1 982
-
3 040
-
income
2 258
-
14 771
-
health
1 039
-
1 593
-
accident

We are using the highest rate at 1.1%.

248
-
381
-
total
5 527
-
19 785
-
Employer
22 581
-
147 706
-
health
1 558
-
2 389
-
pensions

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

2 488
-
3 816
-
accident

We are using the highest rate at 1.1%.

248
-
381
-
unemployment
136
-
208
-
total
4 430
-
6 794
-
Corporate
127 489
154 500
-
-
income
12 749
15 450
-
-
total
12 749
15 450
-
-
Dividends
114 740
139 050
-
-
withholding
5 737
6 952
-
-
total
5 737
6 952
-
-
Income
154 500
154 500
154 500
154 500
Total tax
28 443
22 402
26 579
32 421
After tax
126 057
132 098
127 921
122 079
Living cost
17 053
17 053
17 053
17 053
Free-cash
109 004
115 045
110 868
105 026

Estimated living cost  is ₽17053 per week

₽11279
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽976
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽407
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4392
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽41539
₽54417
₽45995
₽61597
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
154 500
trade
-
-
-
15 602
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.

-
-
-
45 662
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.

-
-
-
6 725
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.

-
-
-
2 511
total
-
-
-
70 500
Employee

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

48 980
-
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.

4 028
-
45 662
-
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.

222
-
2 511
-
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.

6 725
-
6 725
-
total
10 975
-
54 898
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
105 520
154 500
-
-
income
15 828
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.

871
1 274
-
-
trade
15 143
22 171
-
-
chamber of commerce
304
375
-
-
total
32 146
46 996
-
-
Dividends
73 373
107 504
-
-
surtax

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

988
1 457
-
-
withholding
17 969
26 503
-
-
total
18 957
27 960
-
-
Income
154 500
154 500
154 500
154 500
Total tax
62 078
74 956
54 898
70 500
After tax
92 422
79 544
99 602
84 000
Living cost
38 005
38 005
38 005
38 005
Free-cash
54 417
41 539
61 597
45 995

Estimated living cost  is ₽38005 per week

₽26217
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4089
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽551
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7147
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽52075
₽54247
₽27557
₽27557
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
45 529
social contributions
-
-
-
25 338
total
-
-
-
70 867
Employee
77 003
-
154 500
-
social contributions
6 397
-
25 338
-
income
14 530
-
45 529
-
total
20 927
-
70 867
-
Employer
77 003
-
154 500
-
total
-
-
-
-
Corporate
77 497
154 500
-
-
income
9 688
19 312
-
-
total
9 688
19 312
-
-
Dividends
67 809
135 188
-
-
withholding
13 562
27 037
-
-
total
13 562
27 037
-
-
Income
154 500
154 500
154 500
154 500
Total tax
44 177
46 349
70 867
70 867
After tax
110 323
108 151
83 633
83 633
Living cost
56 076
56 076
56 076
56 076
Free-cash
54 247
52 075
27 557
27 557

Estimated living cost  is ₽56076 per week

₽42662
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4569
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.
₽8309
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽59489
₽62929
₽84653
₽75272
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
28 021
health

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

-
-
-
6 092
total
-
-
-
34 113
Employee
45 159
-
149 972
-
social contributions
4 525
-
4 528
-
income
4 900
-
34 438
-
total
9 425
-
38 966
-
Employer
45 159
-
149 972
-
social contributions
4 525
-
4 528
-
total
4 525
-
4 528
-
Corporate
104 817
154 500
-
-
income
36 686
54 076
-
-
total
36 686
54 076
-
-
Dividends
68 131
100 424
-
-
social contributions
5 201
5 201
-
-
total
5 201
5 201
-
-
Income
154 500
154 500
154 500
154 500
Total tax
55 837
59 277
43 494
34 113
After tax
98 663
95 223
111 006
120 387
Living cost
35 734
35 734
35 734
35 734
Free-cash
62 929
59 489
75 272
84 653

Estimated living cost  is ₽35734 per week

₽23538
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2817
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽547
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8830
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽66496
₽72361
₽67161
₽53066
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
42 033
pensions
-
-
-
8 513
total
-
-
-
50 546
Employee
50 504
-
135 150
-
pensions
3 855
-
10 616
-
income
9 197
-
32 637
-
health
659
-
2 038
-
total
13 711
-
45 291
-
Employer
50 504
-
135 150
-
health
960
-
2 568
-
pensions
5 103
-
16 782
-
total
6 063
-
19 350
-
Corporate
97 934
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.

18 608
29 354
-
-
total
18 608
29 354
-
-
Dividends
79 326
125 146
-
-
withholding
6 964
21 857
-
-
total
6 964
21 857
-
-
Income
154 500
154 500
154 500
154 500
Total tax
45 346
51 211
64 641
50 546
After tax
109 154
103 289
89 859
103 954
Living cost
36 793
36 793
36 793
36 793
Free-cash
72 361
66 496
53 066
67 161

Estimated living cost  is ₽36793 per week

₽25240
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3383
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽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.
₽7707
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽10748
₽8946
₽82417
₽60044
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
247
income
-
-
-
42 019
health
-
-
-
2 130
pensions
-
-
-
4 063
other
-
-
-
362
total
-
-
-
48 821
Employee
36 592
-
138 054
-
pensions
4 120
-
7 450
-
income
5 020
-
31 491
-
health
4 190
-
15 807
-
total
13 330
-
54 748
-
Employer
36 592
-
138 054
-
pensions
5 950
-
10 758
-
accident
611
-
2 306
-
unemployment
896
-
3 382
-
total
7 457
-
16 446
-
Corporate
110 452
154 500
-
-
income

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

99 406
139 050
-
-
total
99 406
139 050
-
-
Dividends
11 045
15 450
-
-
withholding
2 099
2 936
-
-
total
2 099
2 936
-
-
Income
154 500
154 500
154 500
154 500
Total tax
122 292
141 986
71 194
48 821
After tax
32 208
12 514
83 306
105 679
Living cost
23 262
23 262
23 262
23 262
Free-cash
8 946
-10 748
60 044
82 417

Estimated living cost  is ₽23262 per week

₽17071
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1355
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽469
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4366
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

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

Source of data for Warsaw model

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Skopje , Macedonia
₽116705
₽112097
₽73521
₽94346
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
154 500
unemployment
-
-
-
1 854
health insurance
-
-
-
11 433
income
-
-
-
25 185
work injury
-
-
-
772
pensions
-
-
-
28 428
total
-
-
-
67 672
Employee

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

21 291
-
154 500
-
work injury
106
-
394
-
pensions
3 917
-
14 494
-
unemployment
255
-
945
-
income
2 129
-
25 185
-
health insurance
1 575
-
5 829
-
total
7 982
-
46 847
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
133 209
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%.

1 332
1 545
-
-
total
1 332
1 545
-
-
Dividends
131 877
152 955
-
-
withholding
19 782
22 943
-
-
total
19 782
22 943
-
-
Income
154 500
154 500
154 500
154 500
Total tax
29 096
24 488
46 847
67 672
After tax
125 404
130 012
107 653
86 828
Living cost
13 307
13 307
13 307
13 307
Free-cash
112 097
116 705
94 346
73 521

Estimated living cost  is ₽13307 per week

₽8244
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽967
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽415
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3681
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽42165
₽37686
₽33899
₽27111
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
municipal
-
-
-
1 033
national
-
-
-
37 095
regional
-
-
-
3 519
social contributions
-
-
-
39 738
total
-
-
-
81 385
Employee
82 952
-
154 500
-
national
14 018
-
32 038
-
social contributions
27 971
-
52 097
-
municipal
495
-
921
-
regional
1 252
-
3 117
-
total
43 736
-
88 173
-
Employer
82 952
-
154 500
-
total
-
-
-
-
Corporate
71 548
154 500
-
-
municipal
3 449
7 446
-
-
nationa
17 172
37 080
-
-
total
20 621
44 526
-
-
Dividends
50 928
109 974
-
-
withholding
13 241
28 593
-
-
total
13 241
28 593
-
-
Income
154 500
154 500
154 500
154 500
Total tax
77 598
73 119
88 173
81 385
After tax
76 902
81 381
66 327
73 115
Living cost
39 216
39 216
39 216
39 216
Free-cash
37 686
42 165
27 111
33 899

Estimated living cost  is ₽39216 per week

₽27547
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2698
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽592
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8378
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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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