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
₽49405
₽70483
₽53049
₽59825
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
154 500
income

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

-
-
-
46 486
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.

-
-
-
2 557
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.

-
-
-
6 437
trade
-
-
-
17 434
total
-
-
-
72 914
Employee

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

36 036
-
154 500
-
surtax

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

55
-
2 557
-
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.

1 007
-
46 486
-
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.

6 437
-
6 437
-
total
7 499
-
55 480
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
118 464
154 500
-
-
income
17 770
23 175
-
-
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.

978
1 275
-
-
chamber of commerce
313
365
-
-
trade
18 659
24 334
-
-
total
37 720
49 149
-
-
Dividends
80 744
105 351
-
-
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.

1 091
1 429
-
-
withholding
19 828
25 980
-
-
total
20 919
27 409
-
-
Income
154 500
154 500
154 500
154 500
Total tax
66 138
76 558
55 480
72 914
After tax
88 362
77 942
99 020
81 586
Living cost
28 537
28 537
28 537
28 537
Free-cash
59 825
49 405
70 483
53 049

Estimated living cost  is ₽28537 per week

₽17951
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3327
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽533
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6726
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽46237
₽42545
₽41333
₽45404
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
154 500
social contributions
-
-
-
1 661
municipal
-
-
-
16 785
national
-
-
-
26 010
pensions
-
-
-
18 540
total
-
-
-
62 996
Employee
77 774
-
133 564
-
municipal
9 606
-
17 383
-
pensions
3 111
-
5 343
-
national
14 886
-
26 937
-
total
27 603
-
49 663
-
Employer
77 774
-
133 564
-
pensions
6 222
-
10 685
-
social contributions
836
-
1 436
-
total
7 058
-
12 121
-
Corporate
64 535
154 500
-
-
income

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

12 907
30 900
-
-
total
12 907
30 900
-
-
Dividends
51 628
123 600
-
-
withholding
11 358
27 192
-
-
total
11 358
27 192
-
-
Income
154 500
154 500
154 500
154 500
Total tax
58 926
58 092
61 784
62 996
After tax
95 574
96 408
92 716
91 504
Living cost
50 170
50 170
50 170
50 170
Free-cash
45 404
46 237
42 545
41 333

Estimated living cost  is ₽50170 per week

₽34100
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4664
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽751
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10655
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽103998
₽43724
₽32730
₽96271
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

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

-
-
-
154 500
income
-
-
-
26 674
surtax
-
-
-
39 397
social contributions

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

-
-
-
36 098
microenterprise
-
-
-
-
total
-
-
-
102 169
Employee
27 531
-
114 820
-
surtax
-
-
16 649
-
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.

3 029
-
12 351
-
income
4 901
-
22 495
-
total
7 930
-
51 495
-
Employer
27 531
-
114 820
-
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.

6 631
-
27 050
-
surtax
-
-
12 630
-
total
6 631
-
39 680
-
Corporate
120 338
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%.

24 067
30 901
-
-
total
24 067
30 901
-
-
Dividends

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

96 271
123 599
-
-
total
-
-
-
-
Income
154 500
154 500
154 500
154 500
Total tax
38 628
30 901
91 175
102 169
After tax
115 872
123 599
63 325
52 331
Living cost
19 601
19 601
19 601
19 601
Free-cash
96 271
103 998
43 724
32 730

Estimated living cost  is ₽19601 per week

₽12505
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1867
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽445
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4785
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽36851
₽55815
₽46625
₽31081
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
45 749
health
-
-
-
11 618
pensions
-
-
-
11 039
total
-
-
-
68 406
Employee
80 457
80 457
136 991
-
pensions
14 482
11 039
11 039
-
income

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

13 170
13 170
19 050
-
health
12 349
10 504
11 618
-
total
40 001
34 713
41 707
-
Employer
80 457
80 457
136 991
-
health
5 593
5 593
6 950
-
pensions
5 600
5 600
6 960
-
unemployment
2 896
2 896
3 599
-
total
14 089
14 089
17 509
-
Corporate
60 941
59 954
-
-
income
12 188
11 992
-
-
total
12 188
11 992
-
-
Dividends
48 753
47 962
-
-
income
10 359
10 191
-
-
withholding
7 313
7 195
-
-
total
17 672
17 386
-
-
Income
154 500
154 500
154 500
154 500
Total tax
83 950
78 180
59 216
68 406
After tax
70 550
76 320
95 284
86 094
Living cost
39 469
39 469
39 469
39 469
Free-cash
31 081
36 851
55 815
46 625

Estimated living cost  is ₽39469 per week

₽27970
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3558
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽628
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7313
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽46737
₽41515
₽42429
₽45892
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
165
other
-
-
-
9 581
unemployment
-
-
-
82
health
-
-
-
5 145
municipal
-
-
-
38 949
national
-
-
-
11 616
pensions
-
-
-
8 913
total
-
-
-
74 451
Employee
53 604
-
128 595
-
municipal
15 985
-
38 347
-
national
-
-
11 111
-
total
15 985
-
49 458
-
Employer
53 604
-
128 595
-
health
3 297
-
5 071
-
pensions
5 795
-
8 913
-
accident
107
-
165
-
unemployment
1 415
-
2 177
-
other
6 229
-
9 581
-
total
16 843
-
25 907
-
Corporate
84 053
154 500
-
-
income
18 492
33 990
-
-
total
18 492
33 990
-
-
Dividends
65 561
120 510
-
-
withholding
19 668
36 153
-
-
total
19 668
36 153
-
-
Income
154 500
154 500
154 500
154 500
Total tax
70 988
70 143
75 365
74 451
After tax
83 512
84 357
79 135
80 049
Living cost
37 620
37 620
37 620
37 620
Free-cash
45 892
46 737
41 515
42 429

Estimated living cost  is ₽37620 per week

₽24933
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3692
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽571
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8424
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽40136
₽62008
₽43798
₽53374
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
154 500
income

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

-
-
-
46 486
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.

-
-
-
2 557
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.

-
-
-
6 437
trade
-
-
-
18 210
total
-
-
-
73 690
Employee

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

47 779
-
154 500
-
surtax

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

225
-
2 557
-
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.

4 105
-
46 486
-
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.

6 437
-
6 437
-
total
10 767
-
55 480
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
106 721
154 500
-
-
income
16 007
23 175
-
-
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.

880
1 275
-
-
chamber of commerce
295
363
-
-
trade
17 556
25 415
-
-
total
34 738
50 228
-
-
Dividends
71 983
104 272
-
-
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.

971
1 414
-
-
withholding
17 638
25 710
-
-
total
18 609
27 124
-
-
Income
154 500
154 500
154 500
154 500
Total tax
64 114
77 352
55 480
73 690
After tax
90 386
77 148
99 020
80 810
Living cost
37 012
37 012
37 012
37 012
Free-cash
53 374
40 136
62 008
43 798

Estimated living cost  is ₽37012 per week

₽24754
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3903
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽552
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7803
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽82186
₽74226
₽75614
₽78281
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
29 142
social contributions
-
-
-
15 244
health
-
-
-
3 941
total
-
-
-
48 327
Employee
72 448
72 448
143 731
-
social contributions
3 520
6 013
8 110
-
income
7 608
6 707
28 392
-
health
721
1 232
2 444
-
total
11 849
13 952
38 946
-
Employer
72 448
72 448
143 731
-
health
785
1 341
2 659
-
social contributions
3 520
6 013
8 110
-
total
4 305
7 354
10 769
-
Corporate
107 787
74 698
-
-
income
13 474
9 337
-
-
total
13 474
9 337
-
-
Dividends
94 313
65 362
-
-
withholding
16 032
11 112
-
-
total
16 032
11 112
-
-
Income
154 500
154 500
154 500
154 500
Total tax
45 660
41 755
49 715
48 327
After tax
108 840
112 745
104 785
106 173
Living cost
30 559
30 559
30 559
30 559
Free-cash
78 281
82 186
74 226
75 614

Estimated living cost  is ₽30559 per week

₽20890
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2387
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽513
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6769
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽69901
₽72656
₽90121
₽70252
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

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

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

The minimum wage is 138,000 HUF per month.

24 409
9 714
129 289
-
unemployment
366
146
1 939
-
pensions
2 441
971
12 929
-
income
2 984
1 188
15 806
-
health
1 709
680
9 050
-
total
7 500
2 985
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.

24 409
9 714
129 289
-
pensions
4 760
1 894
25 211
-
total
4 760
1 894
25 211
-
Corporate
125 331
142 891
-
-
income
11 280
12 860
-
-
total
11 280
12 860
-
-
Dividends
114 051
130 031
-
-
social contributions
22 129
25 245
-
-
withholding
21 670
24 706
-
-
total
43 799
49 951
-
-
Income
154 500
154 500
154 500
154 500
Total tax
67 339
67 690
64 935
47 470
After tax
87 161
86 810
89 565
107 030
Living cost
16 909
16 909
16 909
16 909
Free-cash
70 252
69 901
72 656
90 121

Estimated living cost  is ₽16909 per week

₽11539
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1384
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽338
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3649
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽100842
₽66295
₽60054
₽94990
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
30 901
total
-
-
-
71 689
Employee
26 728
-
115 471
-
unemployment
427
-
1 847
-
pensions
535
-
2 310
-
income
3 009
-
22 263
-
total
3 971
-
26 420
-
Employer
26 728
-
115 471
-
health
3 474
-
15 011
-
pensions
5 346
-
23 093
-
unemployment
215
-
924
-
total
9 035
-
39 028
-
Corporate
118 738
154 500
-
-
income
23 747
30 901
-
-
total
23 747
30 901
-
-
Dividends
94 990
123 599
-
-
total
-
-
-
-
Income
154 500
154 500
154 500
154 500
Total tax
36 753
30 901
65 448
71 689
After tax
117 747
123 599
89 052
82 811
Living cost
22 757
22 757
22 757
22 757
Free-cash
94 990
100 842
66 295
60 054

Estimated living cost  is ₽22757 per week

₽15609
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.
₽458
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5335
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽8529
₽62387
₽84623
₽9287
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
242
income
-
-
-
42 171
other
-
-
-
354
health
-
-
-
2 086
pensions
-
-
-
3 980
total
-
-
-
48 833
Employee
33 103
-
138 265
-
pensions
3 728
-
7 298
-
income
4 541
-
31 706
-
health
3 790
-
15 831
-
total
12 059
-
54 835
-
Employer
33 103
-
138 265
-
pensions
5 383
-
10 538
-
accident
553
-
2 309
-
unemployment
811
-
3 387
-
total
6 747
-
16 234
-
Corporate
114 650
154 500
-
-
income

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

103 185
139 050
-
-
total
103 185
139 050
-
-
Dividends
11 465
15 450
-
-
withholding
2 178
2 935
-
-
total
2 178
2 935
-
-
Income
154 500
154 500
154 500
154 500
Total tax
124 169
141 985
71 069
48 833
After tax
30 331
12 515
83 431
105 667
Living cost
21 044
21 044
21 044
21 044
Free-cash
9 287
-8 529
62 387
84 623

Estimated living cost  is ₽21044 per week

₽15423
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1166
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽439
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4016
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽139168
₽115993
₽145348
₽137741
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
154 500
microenterprise

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

-
-
-
1 545
total
-
-
-
1 545
Employee
9 509
-
154 500
-
income
1 902
-
30 900
-
total
1 902
-
30 900
-
Employer
-
-
-
-
total
-
-
-
-
Corporate

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

144 991
154 500
-
-
total
-
-
-
-
Dividends
144 991
154 500
-
-
withholding
7 250
7 725
-
-
total
7 250
7 725
-
-
Income
154 500
154 500
154 500
154 500
Total tax
9 152
7 725
30 900
1 545
After tax
145 348
146 775
123 600
152 955
Living cost
7 607
7 607
7 607
7 607
Free-cash
137 741
139 168
115 993
145 348

Estimated living cost  is ₽7607 per week

₽4714
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽632
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽209
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2051
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽88404
₽62733
₽59136
₽82044
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
22 764
other
-
-
-
6 805
health
-
-
-
6 304
pensions

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

-
-
-
34 386
total
-
-
-
70 259
Employee
34 209
-
123 402
-
unemployment
341
-
1 234
-
pensions

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

2 394
-
8 639
-
income
5 889
-
23 964
-
health
479
-
1 727
-
total
9 103
-
35 564
-
Employer
34 209
-
123 402
-
health
479
-
1 727
-
pensions

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

5 816
-
20 980
-
accident
274
-
987
-
unemployment
341
-
1 234
-
other
1 711
-
6 170
-
total
8 621
-
31 098
-
Corporate
111 670
154 500
-
-
income
23 451
32 446
-
-
total
23 451
32 446
-
-
Dividends
88 219
122 054
-
-
withholding
6 176
8 545
-
-
total
6 176
8 545
-
-
Income
154 500
154 500
154 500
154 500
Total tax
47 351
40 991
66 662
70 259
After tax
107 149
113 509
87 838
84 241
Living cost
25 105
25 105
25 105
25 105
Free-cash
82 044
88 404
62 733
59 136

Estimated living cost  is ₽25105 per week

₽17738
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1695
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽404
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5267
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Bratislava model

Close
London , United Kingdom
₽39334
₽26226
₽40275
₽39766
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
42 928
pensions
-
-
-
8 251
total
-
-
-
51 179
Employee
89 201
-
135 072
-
pensions
8 605
-
10 234
-
income
16 079
-
33 562
-
health
1 470
-
2 004
-
total
26 154
-
45 800
-
Employer
89 201
-
135 072
-
health
1 694
-
2 566
-
pensions
10 532
-
16 862
-
total
12 226
-
19 428
-
Corporate
53 073
154 500
-
-
income

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

10 084
29 354
-
-
total
10 084
29 354
-
-
Dividends
42 989
125 146
-
-
withholding
3 224
22 766
-
-
total
3 224
22 766
-
-
Income
154 500
154 500
154 500
154 500
Total tax
51 688
52 120
65 228
51 179
After tax
102 812
102 380
89 272
103 321
Living cost
63 046
63 046
63 046
63 046
Free-cash
39 766
39 334
26 226
40 275

Estimated living cost  is ₽63046 per week

₽47242
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽7408
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽513
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7885
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽119750
₽116131
₽110193
₽115374
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
154 500
income
-
-
-
23 175
unemployment
-
-
-
132
health
-
-
-
3 783
pensions

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

-
-
-
4 869
total
-
-
-
31 959
Employee
16 350
-
148 046
-
accident

We are using the highest rate at 1.1%.

180
-
362
-
pensions

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

1 436
-
2 888
-
income
1 635
-
14 804
-
health
752
-
1 513
-
total
4 003
-
19 567
-
Employer
16 350
-
148 046
-
health
1 129
-
2 270
-
pensions

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

1 802
-
3 625
-
accident

We are using the highest rate at 1.1%.

180
-
362
-
unemployment
98
-
197
-
total
3 209
-
6 454
-
Corporate
134 941
154 500
-
-
income
13 494
15 450
-
-
total
13 494
15 450
-
-
Dividends
121 447
139 050
-
-
withholding
6 072
6 952
-
-
total
6 072
6 952
-
-
Income
154 500
154 500
154 500
154 500
Total tax
26 778
22 402
26 021
31 959
After tax
127 722
132 098
128 479
122 541
Living cost
12 348
12 348
12 348
12 348
Free-cash
115 374
119 750
116 131
110 193

Estimated living cost  is ₽12348 per week

₽7209
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽882
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽327
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3930
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽24076
₽43040
₽33850
₽26446
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
45 749
health
-
-
-
11 618
pensions
-
-
-
11 039
total
-
-
-
68 406
Employee
87 351
80 457
136 991
-
pensions
11 039
11 039
11 039
-
income

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

13 170
13 170
19 050
-
health
10 897
10 504
11 618
-
total
35 106
34 713
41 707
-
Employer
87 351
80 457
136 991
-
health
6 070
5 593
6 950
-
pensions
6 079
5 600
6 960
-
unemployment
3 145
2 896
3 599
-
total
15 294
14 089
17 509
-
Corporate
51 855
59 954
-
-
income
10 372
11 992
-
-
total
10 372
11 992
-
-
Dividends
41 484
47 962
-
-
income
8 816
10 191
-
-
withholding
6 222
7 195
-
-
total
15 038
17 386
-
-
Income
154 500
154 500
154 500
154 500
Total tax
75 810
78 180
59 216
68 406
After tax
78 690
76 320
95 284
86 094
Living cost
52 244
52 244
52 244
52 244
Free-cash
26 446
24 076
43 040
33 850

Estimated living cost  is ₽52244 per week

₽38539
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4667
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽599
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8441
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽83255
₽55593
₽62203
₽75006
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
15 057
social contributions
-
-
-
33 265
solidarity contribution
-
-
-
-
health
-
-
-
20 857
total
-
-
-
69 179
Employee
33 996
-
115 614
-
solidarity contribution
-
-
-
-
social contributions
2 210
-
7 405
-
income
4 080
-
13 890
-
health
4 590
-
15 608
-
total
10 880
-
36 903
-
Employer
33 996
-
115 614
-
health
3 060
-
10 405
-
social contributions
8 499
-
28 481
-
total
11 559
-
38 886
-
Corporate
108 945
154 500
-
-
income
20 700
29 355
-
-
total
20 700
29 355
-
-
Dividends
88 245
125 145
-
-
withholding
13 237
18 772
-
-
total
13 237
18 772
-
-
Income
154 500
154 500
154 500
154 500
Total tax
56 376
48 127
75 789
69 179
After tax
98 124
106 373
78 711
85 321
Living cost
23 118
23 118
23 118
23 118
Free-cash
75 006
83 255
55 593
62 203

Estimated living cost  is ₽23118 per week

₽16058
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1645
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽455
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4961
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽42676
₽27775
₽34753
₽37756
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
154 500
social contributions
-
-
-
39 737
regional
-
-
-
1 812
municipal
-
-
-
919
national
-
-
-
37 523
total
-
-
-
79 991
Employee
83 734
-
154 500
-
municipal
443
-
819
-
national
14 509
-
32 456
-
regional
790
-
1 597
-
social contributions
28 235
-
52 097
-
total
43 977
-
86 969
-
Employer
83 734
-
154 500
-
total
-
-
-
-
Corporate
70 766
154 500
-
-
municipal
2 761
6 025
-
-
nationa
16 984
37 080
-
-
total
19 745
43 105
-
-
Dividends
51 022
111 395
-
-
withholding
13 266
28 963
-
-
total
13 266
28 963
-
-
Income
154 500
154 500
154 500
154 500
Total tax
76 988
72 068
86 969
79 991
After tax
77 512
82 432
67 531
74 509
Living cost
39 756
39 756
39 756
39 756
Free-cash
37 756
42 676
27 775
34 753

Estimated living cost  is ₽39756 per week

₽27713
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2607
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽610
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8825
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽76390
₽46586
₽52473
₽73457
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
154 500
income
-
-
-
40 863
other
-
-
-
-
surtax
-
-
-
6 083
unemployment
-
-
-
215
health
-
-
-
8 927
pensions
-
-
-
25 149
total
-
-
-
81 237
Employee
31 157
-
128 031
-
other
-
-
-
-
unemployment
2 169
-
8 752
-
pensions
2 078
-
8 387
-
surtax
102
-
5 083
-
income
5 223
-
35 228
-
health
796
-
3 206
-
total
10 368
-
60 656
-
Employer
31 157
-
128 031
-
health
1 418
-
5 721
-
pensions
4 153
-
16 762
-
unemployment
987
-
3 985
-
other
-
-
-
-
total
6 558
-
26 468
-
Corporate
116 785
154 500
-
-
income
30 364
40 170
-
-
total
30 364
40 170
-
-
Dividends
86 421
114 330
-
-
withholding
12 963
17 150
-
-
total
12 963
17 150
-
-
Income
154 500
154 500
154 500
154 500
Total tax
60 253
57 320
87 124
81 237
After tax
94 247
97 180
67 376
73 263
Living cost
20 790
20 790
20 790
20 790
Free-cash
73 457
76 390
46 586
52 473

Estimated living cost  is ₽20790 per week

₽12712
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1918
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽479
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5680
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽59308
₽46200
₽60249
₽65269
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
42 928
pensions
-
-
-
8 251
total
-
-
-
51 179
Employee
59 780
-
135 072
-
pensions
5 074
-
10 234
-
income
10 767
-
33 562
-
health
868
-
2 004
-
total
16 709
-
45 800
-
Employer
59 780
-
135 072
-
health
1 136
-
2 566
-
pensions
6 471
-
16 862
-
total
7 607
-
19 428
-
Corporate
87 113
154 500
-
-
income

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

16 551
29 354
-
-
total
16 551
29 354
-
-
Dividends
70 562
125 146
-
-
withholding
5 292
22 766
-
-
total
5 292
22 766
-
-
Income
154 500
154 500
154 500
154 500
Total tax
46 159
52 120
65 228
51 179
After tax
108 341
102 380
89 272
103 321
Living cost
43 072
43 072
43 072
43 072
Free-cash
65 269
59 308
46 200
60 249

Estimated living cost  is ₽43072 per week

₽32269
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3228
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽451
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7123
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽3799
₽44049
₽51554
₽28053
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
154 500
other

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

-
-
-
3 090
regional
-
-
-
7 174
health
-
-
-
348
city
-
-
-
1 629
national
-
-
-
2 043
pensions
-
-
-
14 213
total
-
-
-
28 497
Employee
87 124
-
138 287
-
unemployment
-
-
-
-
pensions
7 320
-
11 614
-
national
412
-
1 687
-
regional
2 853
-
6 212
-
city
935
-
1 486
-
health
197
-
312
-
total
11 717
-
21 311
-
Employer
87 124
-
138 287
-
health
197
-
312
-
pensions
7 320
-
11 614
-
unemployment
-
-
-
-
other

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

1 742
-
2 765
-
total
9 259
-
14 691
-
Corporate
57 159
154 500
-
-
regional
12 088
32 676
-
-
national
4 859
13 132
-
-
total
16 947
45 808
-
-
Dividends
40 212
108 691
-
-
withholding
14 075
38 042
-
-
total
14 075
38 042
-
-
Income
154 500
154 500
154 500
154 500
Total tax
51 998
83 850
36 002
28 497
After tax
102 502
70 650
118 498
126 003
Living cost
74 449
74 449
74 449
74 449
Free-cash
28 053
-3 799
44 049
51 554

Estimated living cost  is ₽74449 per week

₽48413
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽6681
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽914
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽18441
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽33190
₽55859
₽36875
₽48470
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
154 500
income

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

-
-
-
46 486
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.

-
-
-
2 557
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.

-
-
-
6 437
trade
-
-
-
18 984
total
-
-
-
74 464
Employee

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

56 622
-
154 500
-
surtax

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

367
-
2 557
-
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.

6 658
-
46 486
-
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.

6 437
-
6 437
-
total
13 462
-
55 480
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
97 878
154 500
-
-
income
14 683
23 175
-
-
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.

808
1 275
-
-
chamber of commerce
281
361
-
-
trade
16 785
26 497
-
-
total
32 557
51 308
-
-
Dividends
65 321
103 192
-
-
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.

878
1 400
-
-
withholding
15 972
25 441
-
-
total
16 850
26 841
-
-
Income
154 500
154 500
154 500
154 500
Total tax
62 869
78 149
55 480
74 464
After tax
91 631
76 351
99 020
80 036
Living cost
43 161
43 161
43 161
43 161
Free-cash
48 470
33 190
55 859
36 875

Estimated living cost  is ₽43161 per week

₽31523
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3453
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽561
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7626
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽45632
₽53943
₽55013
₽51196
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
23 241
other
-
-
-
4 790
surtax
-
-
-
-
social contributions
-
-
-
4 404
health
-
-
-
6 176
pensions
-
-
-
28 641
total
-
-
-
67 252
Employee
40 323
-
120 359
-
pensions
4 559
-
8 042
-
surtax
-
-
-
-
social contributions
1 150
-
3 429
-
income
2 380
-
22 710
-
total
8 089
-
34 181
-
Employer
40 323
-
120 359
-
health
2 823
-
10 750
-
pensions
6 624
-
13 600
-
unemployment
1 632
-
4 874
-
social contributions
122
-
361
-
other
1 391
-
4 556
-
total
12 592
-
34 141
-
Corporate
101 584
154 500
-
-
income
28 444
43 261
-
-
surtax
-
-
-
-
total
28 444
43 261
-
-
Dividends
73 140
111 239
-
-
surtax
-
-
-
-
social contributions
12 582
19 133
-
-
withholding
9 362
14 239
-
-
total
21 944
33 372
-
-
Income
154 500
154 500
154 500
154 500
Total tax
71 069
76 633
68 322
67 252
After tax
83 431
77 867
86 178
87 248
Living cost
32 235
32 235
32 235
32 235
Free-cash
51 196
45 632
53 943
55 013

Estimated living cost  is ₽32235 per week

₽20325
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2621
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽549
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8741
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽48826
₽57137
₽58207
₽54063
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
23 241
other
-
-
-
4 790
surtax
-
-
-
-
social contributions
-
-
-
4 404
health
-
-
-
6 176
pensions
-
-
-
28 641
total
-
-
-
67 252
Employee
35 994
-
120 359
-
pensions
4 071
-
8 042
-
surtax
-
-
-
-
social contributions
1 026
-
3 429
-
income
1 856
-
22 710
-
total
6 953
-
34 181
-
Employer
35 994
-
120 359
-
health
2 519
-
10 750
-
pensions
5 914
-
13 600
-
unemployment
1 457
-
4 874
-
social contributions
107
-
361
-
other
1 243
-
4 556
-
total
11 240
-
34 141
-
Corporate
107 265
154 500
-
-
income
30 034
43 261
-
-
surtax
-
-
-
-
total
30 034
43 261
-
-
Dividends
77 231
111 239
-
-
surtax
-
-
-
-
social contributions
13 284
19 133
-
-
withholding
9 885
14 239
-
-
total
23 169
33 372
-
-
Income
154 500
154 500
154 500
154 500
Total tax
71 396
76 633
68 322
67 252
After tax
83 104
77 867
86 178
87 248
Living cost
29 041
29 041
29 041
29 041
Free-cash
54 063
48 826
57 137
58 207

Estimated living cost  is ₽29041 per week

₽16842
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2950
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.
₽8698
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽74278
₽76391
₽79241
₽74771
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
154 500
income
-
-
-
23 175
social contributions
-
-
-
21 321
health
-
-
-
10 785
total
-
-
-
55 281
Employee
31 945
-
154 500
-
social contributions
4 409
-
21 321
-
income
5 328
-
26 025
-
health
2 230
-
10 785
-
total
11 967
-
58 131
-
Employer
31 945
-
154 500
-
total
-
-
-
-
Corporate
122 555
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%.

6 127
7 726
-
-
total
6 127
7 726
-
-
Dividends
116 428
146 774
-
-
social contributions
16 066
20 256
-
-
withholding
17 465
22 017
-
-
health
8 126
10 245
-
-
total
41 657
52 518
-
-
Income
154 500
154 500
154 500
154 500
Total tax
59 751
60 244
58 131
55 281
After tax
94 749
94 256
96 369
99 219
Living cost
19 978
19 978
19 978
19 978
Free-cash
74 771
74 278
76 391
79 241

Estimated living cost  is ₽19978 per week

₽13370
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1232
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽459
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4915
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽52397
₽7586
₽46065
₽50940
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
154 500
income
-
-
-
39 871
surtax
-
-
-
186
unemployment
-
-
-
5 779
chamber of commerce
-
-
-
619
health
-
-
-
8 419
pensions
-
-
-
20 363
total
-
-
-
75 237
Employee
47 085
37 547
121 784
-
other
470
375
1 101
-
unemployment
1 412
1 126
3 302
-
pensions
4 822
3 844
11 271
-
income
5 360
2 770
31 514
-
health
1 822
1 454
4 259
-
total
13 886
9 569
51 447
-
Employer
47 085
37 547
121 784
-
chamber of commerce
188
150
486
-
health
1 779
1 420
4 161
-
pensions
5 909
4 713
13 814
-
accident
611
488
1 430
-
unemployment
1 412
1 126
3 302
-
surtax
186
186
186
-
payroll
1 412
1 126
3 653
-
other
2 237
1 783
5 684
-
total
13 734
10 992
32 716
-
Corporate
93 680
105 961
118 209
-
income

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

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

23 420
26 490
29 553
-
total
23 420
26 490
29 553
-
Dividends
70 260
79 471
-
-
withholding
19 322
21 854
-
-
total
19 322
21 854
-
-
Income
154 500
154 500
154 500
154 500
Total tax
70 362
68 905
113 716
75 237
After tax
84 138
85 595
40 784
79 263
Living cost
33 198
33 198
33 198
33 198
Free-cash
50 940
52 397
7 586
46 065

Estimated living cost  is ₽33198 per week

₽22142
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2832
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽545
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7679
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽52076
₽20680
₽32556
₽37950
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
154 500
communal

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

-
-
-
7 860
social contributions
-
-
-
23 490
national
-
-
-
56 241
total
-
-
-
87 591
Employee

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

67 394
-
119 666
-
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.

586
-
1 041
-
communal

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

3 515
-
6 242
-
pensions

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

5 054
-
8 975
-
national
20 719
-
42 750
-
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.

3 166
-
5 625
-
total
33 040
-
64 633
-
Employer

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

67 394
-
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.

4 144
-
7 359
-
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.

5 972
-
10 602
-
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.

876
-
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.

983
-
1 747
-
surtax
7 642
-
13 570
-
total
19 617
-
34 834
-
Corporate
67 489
154 500
-
-
income
13 497
30 901
-
-
surtax
270
619
-
-
total
13 767
31 520
-
-
Dividends
53 722
122 981
-
-
withholding

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

15 773
36 551
-
-
total
15 773
36 551
-
-
Income
154 500
154 500
154 500
154 500
Total tax
82 197
68 071
99 467
87 591
After tax
72 303
86 429
55 033
66 909
Living cost
34 353
34 353
34 353
34 353
Free-cash
37 950
52 076
20 680
32 556

Estimated living cost  is ₽34353 per week

₽22127
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3004
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽538
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8684
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽69096
₽48854
₽52808
₽62429
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
787
income
-
-
-
41 468
other
-
-
-
88
unemployment
-
-
-
611
pensions
-
-
-
24 713
total
-
-
-
67 667
Employee
46 899
-
126 660
-
other
46
-
88
-
unemployment
728
-
1 353
-
pensions
2 205
-
4 105
-
income
9 895
-
38 234
-
total
12 874
-
43 780
-
Employer
46 899
-
126 660
-
pensions
11 067
-
20 610
-
accident
928
-
1 729
-
unemployment
2 580
-
4 802
-
other
374
-
699
-
total
14 949
-
27 840
-
Corporate
92 652
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.

13 898
23 175
-
-
total
13 898
23 175
-
-
Dividends
78 755
131 325
-
-
withholding
16 324
28 203
-
-
total
16 324
28 203
-
-
Income
154 500
154 500
154 500
154 500
Total tax
58 045
51 378
71 620
67 667
After tax
96 455
103 122
82 880
86 833
Living cost
34 026
34 026
34 026
34 026
Free-cash
62 429
69 096
48 854
52 808

Estimated living cost  is ₽34026 per week

₽25056
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2414
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽490
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6065
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽39875
₽32628
₽26468
₽28375
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
154 500
communal
-
-
-
9 764
accident
-
-
-
1 303
income
-
-
-
24 092
surtax
-
-
-
7 660
health
-
-
-
10 855
pensions
-
-
-
23 157
total
-
-
-
76 831
Employee
71 349
-
138 008
-
pensions
5 707
-
11 040
-
surtax
4 373
-
8 457
-
income
6 892
-
28 540
-
health
3 175
-
6 142
-
total
20 147
-
54 179
-
Employer
71 349
-
138 008
-
health
2 176
-
4 209
-
pensions
5 707
-
11 040
-
accident
642
-
1 243
-
total
8 525
-
16 492
-
Corporate
74 626
154 500
-
-
communal
5 037
10 429
-
-
income
11 194
23 175
-
-
surtax
783
1 622
-
-
total
17 014
35 226
-
-
Dividends
57 612
119 274
-
-
income
20 597
10 306
-
-
withholding
8 641
17 892
-
-
total
29 238
28 198
-
-
Income
154 500
154 500
154 500
154 500
Total tax
74 924
63 424
70 671
76 831
After tax
79 576
91 076
83 829
77 669
Living cost
51 201
51 201
51 201
51 201
Free-cash
28 375
39 875
32 628
26 468

Estimated living cost  is ₽51201 per week

₽38408
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3102
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽542
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9147
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽76018
₽46214
₽52101
₽73021
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
154 500
income
-
-
-
40 863
other
-
-
-
-
surtax
-
-
-
6 083
unemployment
-
-
-
215
health
-
-
-
8 927
pensions
-
-
-
25 149
total
-
-
-
81 237
Employee
31 729
-
128 031
-
other
-
-
-
-
unemployment
2 208
-
8 752
-
pensions
2 117
-
8 387
-
surtax
113
-
5 083
-
income
5 319
-
35 228
-
health
810
-
3 206
-
total
10 567
-
60 656
-
Employer
31 729
-
128 031
-
health
1 443
-
5 721
-
pensions
4 230
-
16 762
-
unemployment
1 007
-
3 985
-
other
-
-
-
-
total
6 680
-
26 468
-
Corporate
116 092
154 500
-
-
income
30 184
40 170
-
-
total
30 184
40 170
-
-
Dividends
85 908
114 330
-
-
withholding
12 886
17 150
-
-
total
12 886
17 150
-
-
Income
154 500
154 500
154 500
154 500
Total tax
60 317
57 320
87 124
81 237
After tax
94 183
97 180
67 376
73 263
Living cost
21 162
21 162
21 162
21 162
Free-cash
73 021
76 018
46 214
52 101

Estimated living cost  is ₽21162 per week

₽12777
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1840
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.
₽6056
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽55829
₽41670
₽48610
₽53735
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
154 500
social contributions
-
-
-
39 737
regional
-
-
-
2 331
municipal
-
-
-
919
national
-
-
-
37 523
total
-
-
-
80 510
Employee
52 263
-
154 500
-
municipal
277
-
819
-
national
8 280
-
32 456
-
regional
704
-
2 078
-
social contributions
17 624
-
52 097
-
total
26 885
-
87 450
-
Employer
52 263
-
154 500
-
total
-
-
-
-
Corporate
102 237
154 500
-
-
municipal
5 081
7 679
-
-
nationa
24 538
37 080
-
-
total
29 619
44 759
-
-
Dividends
72 618
109 741
-
-
withholding
18 881
28 532
-
-
total
18 881
28 532
-
-
Income
154 500
154 500
154 500
154 500
Total tax
75 385
73 291
87 450
80 510
After tax
79 115
81 209
67 050
73 990
Living cost
25 380
25 380
25 380
25 380
Free-cash
53 735
55 829
41 670
48 610

Estimated living cost  is ₽25380 per week

₽15784
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2571
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽434
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6590
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽77886
₽50224
₽56834
₽67725
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
15 057
social contributions
-
-
-
33 265
solidarity contribution
-
-
-
-
health
-
-
-
20 857
total
-
-
-
69 179
Employee
41 892
-
115 614
-
solidarity contribution
-
-
-
-
social contributions
2 723
-
7 405
-
income
5 027
-
13 890
-
health
5 655
-
15 608
-
total
13 405
-
36 903
-
Employer
41 892
-
115 614
-
health
3 770
-
10 405
-
social contributions
10 473
-
28 481
-
total
14 243
-
38 886
-
Corporate
98 364
154 500
-
-
income
18 689
29 355
-
-
total
18 689
29 355
-
-
Dividends
79 675
125 145
-
-
withholding
11 951
18 772
-
-
total
11 951
18 772
-
-
Income
154 500
154 500
154 500
154 500
Total tax
58 288
48 127
75 789
69 179
After tax
96 212
106 373
78 711
85 321
Living cost
28 487
28 487
28 487
28 487
Free-cash
67 725
77 886
50 224
56 834

Estimated living cost  is ₽28487 per week

₽21185
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1578
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽493
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5231
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽55637
₽10783
₽49391
₽55174
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
154 500
income
-
-
-
39 871
surtax
-
-
-
-
unemployment
-
-
-
5 779
chamber of commerce
-
-
-
619
health
-
-
-
8 419
pensions
-
-
-
20 363
total
-
-
-
75 051
Employee
41 185
37 547
121 956
-
other
411
375
1 101
-
unemployment
1 235
1 126
3 302
-
pensions
4 218
3 844
11 271
-
income
3 669
2 770
31 586
-
health
1 593
1 454
4 259
-
total
11 126
9 569
51 519
-
Employer
41 185
37 547
121 956
-
chamber of commerce
164
150
488
-
health
1 557
1 420
4 161
-
pensions
5 169
4 713
13 814
-
accident
535
488
1 430
-
unemployment
1 235
1 126
3 302
-
surtax
-
-
-
-
payroll
1 235
1 126
3 658
-
other
1 956
1 783
5 691
-
total
11 851
10 806
32 544
-
Corporate
101 463
106 147
118 380
-
income

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

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

25 365
26 537
29 596
-
total
25 365
26 537
29 596
-
Dividends
76 098
79 611
-
-
withholding
20 926
21 893
-
-
total
20 926
21 893
-
-
Income
154 500
154 500
154 500
154 500
Total tax
69 268
68 805
113 659
75 051
After tax
85 232
85 695
40 841
79 449
Living cost
30 058
30 058
30 058
30 058
Free-cash
55 174
55 637
10 783
49 391

Estimated living cost  is ₽30058 per week

₽18031
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3070
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽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.
₽8421
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

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
₽134920
₽111745
₽141100
₽132697
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
14 819
-
154 500
-
income
2 964
-
30 900
-
total
2 964
-
30 900
-
Employer
-
-
-
-
total
-
-
-
-
Corporate

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

139 681
154 500
-
-
total
-
-
-
-
Dividends
139 681
154 500
-
-
withholding
6 984
7 725
-
-
total
6 984
7 725
-
-
Income
154 500
154 500
154 500
154 500
Total tax
9 948
7 725
30 900
1 545
After tax
144 552
146 775
123 600
152 955
Living cost
11 855
11 855
11 855
11 855
Free-cash
132 697
134 920
111 745
141 100

Estimated living cost  is ₽11855 per week

₽8022
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽498
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽398
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2937
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽81103
₽46677
₽50770
₽73221
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

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

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

-
-
-
154 500
income
-
-
-
34 809
unemployment
-
-
-
232
health
-
-
-
15 203
pensions
-
-
-
28 215
total
-
-
-
78 459
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.

41 663
-
133 685
-
unemployment
59
-
188
-
pensions
6 458
-
20 720
-
income
7 185
-
32 193
-
health
2 691
-
8 636
-
total
16 393
-
61 737
-
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.

41 663
-
133 685
-
health
2 775
-
8 904
-
pensions
3 687
-
11 831
-
unemployment
25
-
80
-
total
6 487
-
20 815
-
Corporate
106 351
154 500
-
-
income
20 207
29 354
-
-
total
20 207
29 354
-
-
Dividends
86 143
125 146
-
-
withholding
12 921
18 772
-
-
total
12 921
18 772
-
-
Income
154 500
154 500
154 500
154 500
Total tax
56 008
48 126
82 552
78 459
After tax
98 492
106 374
71 948
76 041
Living cost
25 271
25 271
25 271
25 271
Free-cash
73 221
81 103
46 677
50 770

Estimated living cost  is ₽25271 per week

₽17343
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1620
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽490
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5820
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽53554
₽101726
₽66328
₽8970
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
57 990
-
-
-
social contributions
4 755
-
678
-
income
12 791
-
-
-
total
17 546
-
678
-
Employer
57 990
-
-
-
social contributions
81 766
-
11 653
-
total
81 766
-
11 653
-
Corporate
14 744
154 500
-
-
income
3 244
33 990
-
-
total
3 244
33 990
-
-
Dividends
11 500
120 510
-
-
income
2 530
26 512
-
-
total
2 530
26 512
-
-
Income
154 500
154 500
154 500
154 500
Total tax
105 086
60 502
12 331
47 728
After tax
49 414
93 998
142 169
106 772
Living cost
40 444
40 444
40 444
40 444
Free-cash
8 970
53 554
101 726
66 328

Estimated living cost  is ₽40444 per week

₽26241
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3804
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽515
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9883
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽58326
₽42211
₽53629
₽57380
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
17 630
surtax
-
-
-
-
social contributions

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

-
-
-
53 688
total
-
-
-
71 318
Employee
43 332
-
124 849
-
surtax
-
-
-
-
social contributions
4 767
-
13 733
-
income
9 013
-
39 352
-
total
13 780
-
53 085
-
Employer
43 332
-
124 849
-
social contributions
10 291
-
29 651
-
total
10 291
-
29 651
-
Corporate
100 876
154 500
-
-
income
21 183
32 446
-
-
surtax
-
-
-
-
total
21 183
32 446
-
-
Dividends
79 693
122 054
-
-
withholding
22 313
34 175
-
-
total
22 313
34 175
-
-
Income
154 500
154 500
154 500
154 500
Total tax
67 567
66 621
82 736
71 318
After tax
86 933
87 879
71 764
83 182
Living cost
29 553
29 553
29 553
29 553
Free-cash
57 380
58 326
42 211
53 629

Estimated living cost  is ₽29553 per week

₽22111
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1743
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽493
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5205
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽32362
₽40673
₽41743
₽38841
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
23 241
other
-
-
-
4 790
surtax
-
-
-
-
social contributions
-
-
-
4 404
health
-
-
-
6 176
pensions
-
-
-
28 641
total
-
-
-
67 252
Employee
59 010
-
120 359
-
pensions
6 674
-
8 042
-
surtax
-
-
-
-
social contributions
1 681
-
3 429
-
income
5 149
-
22 710
-
total
13 504
-
34 181
-
Employer
59 010
-
120 359
-
health
4 130
-
10 750
-
pensions
9 696
-
13 600
-
unemployment
2 390
-
4 874
-
social contributions
177
-
361
-
other
2 036
-
4 556
-
total
18 429
-
34 141
-
Corporate
77 060
154 500
-
-
income
21 577
43 261
-
-
surtax
-
-
-
-
total
21 577
43 261
-
-
Dividends
55 484
111 239
-
-
surtax
-
-
-
-
social contributions
9 542
19 133
-
-
withholding
7 102
14 239
-
-
total
16 644
33 372
-
-
Income
154 500
154 500
154 500
154 500
Total tax
70 154
76 633
68 322
67 252
After tax
84 346
77 867
86 178
87 248
Living cost
45 505
45 505
45 505
45 505
Free-cash
38 841
32 362
40 673
41 743

Estimated living cost  is ₽45505 per week

₽30797
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3722
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽624
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10361
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽110729
₽89966
₽85860
₽107563
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
6 329
social contributions
-
-
-
33 990
total
-
-
-
40 319
Employee
30 290
-
133 767
-
income
-
-
6 785
-
social contributions
1 969
-
8 695
-
total
1 969
-
15 480
-
Employer
30 290
-
133 767
-
social contributions
4 695
-
20 733
-
total
4 695
-
20 733
-
Corporate
119 515
154 500
-
-
income
11 952
15 450
-
-
total
11 952
15 450
-
-
Dividends
107 563
139 050
-
-
total
-
-
-
-
Income
154 500
154 500
154 500
154 500
Total tax
18 616
15 450
36 213
40 319
After tax
135 884
139 050
118 287
114 181
Living cost
28 321
28 321
28 321
28 321
Free-cash
107 563
110 729
89 966
85 860

Estimated living cost  is ₽28321 per week

₽18312
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2135
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽533
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7341
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽50759
-₽50759
₽46411
-₽50759
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
154 500
labour market
-
-
-
12 295
municipal
-
-
-
31 843
national
-
-
-
17 763
pensions
-
-
-
817
total
-
-
-
62 718
Employee
191 499
191 499
191 499
-
municipal
40 779
40 779
40 779
-
labour market
15 298
15 298
15 298
-
pensions
272
272
272
-
national
23 395
23 395
23 395
-
total
79 744
79 744
79 744
-
Employer
191 499
191 499
191 499
-
national
23 436
23 436
23 436
-
labour market
15 320
15 320
15 320
-
pensions
544
544
544
-
municipal
40 844
40 844
40 844
-
total
80 144
80 144
80 144
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
154 500
154 500
154 500
154 500
Total tax
159 888
159 888
159 888
62 718
After tax
-5 388
-5 388
-5 388
91 782
Living cost
45 371
45 371
45 371
45 371
Free-cash
-50 759
-50 759
-50 759
46 411

Estimated living cost  is ₽45371 per week

₽31052
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4014
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽698
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9607
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽8219
₽62697
₽84933
₽9334
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
242
income
-
-
-
42 171
other
-
-
-
354
health
-
-
-
2 086
pensions
-
-
-
3 980
total
-
-
-
48 833
Employee
32 615
-
138 265
-
pensions
3 673
-
7 298
-
income
4 474
-
31 706
-
health
3 735
-
15 831
-
total
11 882
-
54 835
-
Employer
32 615
-
138 265
-
pensions
5 303
-
10 538
-
accident
545
-
2 309
-
unemployment
799
-
3 387
-
total
6 647
-
16 234
-
Corporate
115 238
154 500
-
-
income

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

103 714
139 050
-
-
total
103 714
139 050
-
-
Dividends
11 524
15 450
-
-
withholding
2 189
2 935
-
-
total
2 189
2 935
-
-
Income
154 500
154 500
154 500
154 500
Total tax
124 432
141 985
71 069
48 833
After tax
30 068
12 515
83 431
105 667
Living cost
20 734
20 734
20 734
20 734
Free-cash
9 334
-8 219
62 697
84 933

Estimated living cost  is ₽20734 per week

₽15092
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1182
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽389
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4071
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽61352
₽45606
₽65146
₽63447
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
154 500
health
-
-
-
1 986
municipal
-
-
-
27 452
national
-
-
-
23 744
total
-
-
-
53 182
Employee
49 569
-
129 971
-
municipal
8 119
-
21 175
-
unemployment
744
-
1 949
-
pensions
3 345
-
8 773
-
national
819
-
14 689
-
health
370
-
1 609
-
total
13 397
-
48 195
-
Employer
49 569
-
129 971
-
health
381
-
1 001
-
pensions
8 600
-
22 549
-
accident
50
-
131
-
unemployment
322
-
846
-
total
9 353
-
24 527
-
Corporate
95 578
154 500
-
-
income
19 115
30 901
-
-
total
19 115
30 901
-
-
Dividends

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

57 347
92 699
-
-
municipal
10 322
16 685
-
-
national
2 694
9 390
-
-
total
13 016
26 075
-
-
Income
154 500
154 500
154 500
154 500
Total tax
54 881
56 976
72 722
53 182
After tax
99 619
97 524
81 778
101 318
Living cost
36 172
36 172
36 172
36 172
Free-cash
63 447
61 352
45 606
65 146

Estimated living cost  is ₽36172 per week

₽23628
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3479
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽576
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8491
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽90931
₽82971
₽84359
₽85806
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
29 142
social contributions
-
-
-
15 244
health
-
-
-
3 941
total
-
-
-
48 327
Employee
72 448
72 448
143 731
-
social contributions
2 739
6 013
8 110
-
income
7 888
6 707
28 392
-
health
561
1 232
2 444
-
total
11 188
13 952
38 946
-
Employer
72 448
72 448
143 731
-
health
610
1 341
2 659
-
social contributions
2 739
6 013
8 110
-
total
3 349
7 354
10 769
-
Corporate
118 149
74 698
-
-
income
14 768
9 337
-
-
total
14 768
9 337
-
-
Dividends
103 380
65 362
-
-
withholding
17 575
11 112
-
-
total
17 575
11 112
-
-
Income
154 500
154 500
154 500
154 500
Total tax
46 880
41 755
49 715
48 327
After tax
107 620
112 745
104 785
106 173
Living cost
21 814
21 814
21 814
21 814
Free-cash
85 806
90 931
82 971
84 359

Estimated living cost  is ₽21814 per week

₽13073
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2140
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽483
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6118
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽112983
₽95587
₽114486
₽108190
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

  • up to €9,000.00, 60% of the average monthly wage in Montenegro
  • up to €15,000.00, 100% of the average monthly wage in Montenegro
  • in excess of €15,000, 150% of the average monthly wage in Montenegro
-
-
-
154 500
income
-
-
-
15 625
unemployment
-
-
-
27
health
-
-
-
3 410
pensions
-
-
-
5 993
total
-
-
-
25 055
Employee

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

21 626
-
145 292
-
unemployment
107
-
447
-
pensions
3 243
-
13 410
-
income
1 479
-
13 290
-
health
1 838
-
7 599
-
total
6 667
-
34 746
-
Employer

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

21 626
-
145 292
-
health
930
-
3 844
-
pensions
1 189
-
4 917
-
unemployment
107
-
447
-
total
2 226
-
9 208
-
Corporate
130 648
154 500
-
-
income
11 757
13 905
-
-
total
11 757
13 905
-
-
Dividends
118 891
140 595
-
-
withholding
10 701
12 653
-
-
total
10 701
12 653
-
-
Income
154 500
154 500
154 500
154 500
Total tax
31 351
26 558
43 954
25 055
After tax
123 149
127 942
110 546
129 445
Living cost
14 959
14 959
14 959
14 959
Free-cash
108 190
112 983
95 587
114 486

Estimated living cost  is ₽14959 per week

₽9544
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1078
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽445
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3891
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽77214
₽56972
₽60925
₽73054
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
787
income
-
-
-
41 468
other
-
-
-
88
unemployment
-
-
-
611
pensions
-
-
-
24 713
total
-
-
-
67 667
Employee
34 837
-
126 660
-
other
34
-
88
-
unemployment
540
-
1 353
-
pensions
1 638
-
4 105
-
income
6 716
-
38 234
-
total
8 928
-
43 780
-
Employer
34 837
-
126 660
-
pensions
8 221
-
20 610
-
accident
690
-
1 729
-
unemployment
1 917
-
4 802
-
other
279
-
699
-
total
11 107
-
27 840
-
Corporate
108 556
154 500
-
-
income

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

16 283
23 175
-
-
total
16 283
23 175
-
-
Dividends
92 273
131 325
-
-
withholding
19 220
28 203
-
-
total
19 220
28 203
-
-
Income
154 500
154 500
154 500
154 500
Total tax
55 538
51 378
71 620
67 667
After tax
98 962
103 122
82 880
86 833
Living cost
25 908
25 908
25 908
25 908
Free-cash
73 054
77 214
56 972
60 925

Estimated living cost  is ₽25908 per week

₽17488
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2491
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.
₽5476
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽94496
₽97253
₽97390
₽94183
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
52 792
health
-
-
-
1 011
pensions
-
-
-
1 395
total
-
-
-
55 198
Employee
2 913
-
152 931
-
unemployment
29
-
70
-
pensions
262
-
628
-
income
563
-
52 719
-
health
146
-
349
-
total
1 000
-
53 766
-
Employer
2 913
-
152 931
-
health
277
-
663
-
pensions
320
-
767
-
unemployment
58
-
139
-
total
655
-
1 569
-
Corporate
150 932
154 500
-
-
income
33 205
33 990
-
-
total
33 205
33 990
-
-
Dividends
117 727
120 510
-
-
withholding
23 545
24 102
-
-
total
23 545
24 102
-
-
Income
154 500
154 500
154 500
154 500
Total tax
58 405
58 092
55 335
55 198
After tax
96 095
96 408
99 165
99 302
Living cost
1 912
1 912
1 912
1 912
Free-cash
94 183
94 496
97 253
97 390

Estimated living cost  is ₽1912 per week

₽1136
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽155
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽44
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽577
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽95327
₽77186
₽77185
₽90691
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

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

-
-
-
154 500
income
-
-
-
34 688
unemployment
-
-
-
1 045
health
-
-
-
7 174
pensions
-
-
-
18 109
total
-
-
-
61 016
Employee

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

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

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

24 577
-
142 033
-
unemployment
184
-
522
-
pensions
3 441
-
9 751
-
income
3 388
-
34 688
-
health
1 266
-
3 587
-
total
8 279
-
48 548
-
Employer

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

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

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

24 577
-
142 033
-
health
1 266
-
3 587
-
pensions
2 949
-
8 358
-
unemployment
184
-
522
-
total
4 399
-
12 467
-
Corporate
125 523
154 500
-
-
income
18 828
23 175
-
-
total
18 828
23 175
-
-
Dividends
106 695
131 325
-
-
withholding
16 004
19 699
-
-
total
16 004
19 699
-
-
Income
154 500
154 500
154 500
154 500
Total tax
47 510
42 874
61 015
61 016
After tax
106 990
111 626
93 485
93 484
Living cost
16 299
16 299
16 299
16 299
Free-cash
90 691
95 327
77 186
77 185

Estimated living cost  is ₽16299 per week

₽10974
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1261
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽472
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3592
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽62479
₽46364
₽57782
₽62139
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
17 630
surtax
-
-
-
-
social contributions

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

-
-
-
53 688
total
-
-
-
71 318
Employee
36 568
-
124 849
-
surtax
-
-
-
-
social contributions
4 023
-
13 733
-
income
7 145
-
39 352
-
total
11 168
-
53 085
-
Employer
36 568
-
124 849
-
social contributions
8 684
-
29 651
-
total
8 684
-
29 651
-
Corporate
109 248
154 500
-
-
income
22 943
32 446
-
-
surtax
-
-
-
-
total
22 943
32 446
-
-
Dividends
86 306
122 054
-
-
withholding
24 166
34 175
-
-
total
24 166
34 175
-
-
Income
154 500
154 500
154 500
154 500
Total tax
66 961
66 621
82 736
71 318
After tax
87 539
87 879
71 764
83 182
Living cost
25 400
25 400
25 400
25 400
Free-cash
62 139
62 479
46 364
57 782

Estimated living cost  is ₽25400 per week

₽17990
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1765
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽451
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5196
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽70010
₽49768
₽53721
₽63664
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
787
income
-
-
-
41 468
other
-
-
-
88
unemployment
-
-
-
611
pensions
-
-
-
24 713
total
-
-
-
67 667
Employee
45 502
-
126 660
-
other
45
-
88
-
unemployment
704
-
1 353
-
pensions
2 138
-
4 105
-
income
9 504
-
38 234
-
total
12 391
-
43 780
-
Employer
45 502
-
126 660
-
pensions
10 738
-
20 610
-
accident
901
-
1 729
-
unemployment
2 503
-
4 802
-
other
365
-
699
-
total
14 507
-
27 840
-
Corporate
94 490
154 500
-
-
income

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

14 173
23 175
-
-
total
14 173
23 175
-
-
Dividends
80 318
131 325
-
-
withholding
16 653
28 203
-
-
total
16 653
28 203
-
-
Income
154 500
154 500
154 500
154 500
Total tax
57 724
51 378
71 620
67 667
After tax
96 776
103 122
82 880
86 833
Living cost
33 112
33 112
33 112
33 112
Free-cash
63 664
70 010
49 768
53 721

Estimated living cost  is ₽33112 per week

₽23780
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2575
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽467
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6292
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽115897
₽112278
₽106340
₽110156
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
154 500
income
-
-
-
23 175
unemployment
-
-
-
132
health
-
-
-
3 783
pensions

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

-
-
-
4 869
total
-
-
-
31 959
Employee
21 452
-
148 046
-
accident

We are using the highest rate at 1.1%.

236
-
362
-
pensions

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

1 883
-
2 888
-
income
2 146
-
14 804
-
health
987
-
1 513
-
total
5 252
-
19 567
-
Employer
21 452
-
148 046
-
health
1 480
-
2 270
-
pensions

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

2 364
-
3 625
-
accident

We are using the highest rate at 1.1%.

236
-
362
-
unemployment
129
-
197
-
total
4 209
-
6 454
-
Corporate
128 839
154 500
-
-
income
12 884
15 450
-
-
total
12 884
15 450
-
-
Dividends
115 955
139 050
-
-
withholding
5 798
6 952
-
-
total
5 798
6 952
-
-
Income
154 500
154 500
154 500
154 500
Total tax
28 143
22 402
26 021
31 959
After tax
126 357
132 098
128 479
122 541
Living cost
16 201
16 201
16 201
16 201
Free-cash
110 156
115 897
112 278
106 340

Estimated living cost  is ₽16201 per week

₽10715
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽927
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽387
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4172
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽43158
₽62646
₽46762
₽55482
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
154 500
income

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

-
-
-
46 486
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.

-
-
-
2 557
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.

-
-
-
6 437
trade
-
-
-
15 884
total
-
-
-
71 364
Employee

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

46 879
-
154 500
-
surtax

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

213
-
2 557
-
income

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

3 855
-
46 486
-
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.

6 437
-
6 437
-
total
10 505
-
55 480
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
107 621
154 500
-
-
income
16 143
23 175
-
-
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.

889
1 275
-
-
chamber of commerce
300
370
-
-
trade
15 444
22 170
-
-
total
32 776
46 990
-
-
Dividends
74 845
107 510
-
-
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.

1 010
1 459
-
-
withholding
18 353
26 519
-
-
total
19 363
27 978
-
-
Income
154 500
154 500
154 500
154 500
Total tax
62 644
74 968
55 480
71 364
After tax
91 856
79 532
99 020
83 136
Living cost
36 374
36 374
36 374
36 374
Free-cash
55 482
43 158
62 646
46 762

Estimated living cost  is ₽36374 per week

₽25092
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3914
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽527
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6841
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽54480
₽29091
₽29091
₽56559
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
46 227
social contributions
-
-
-
25 512
total
-
-
-
71 739
Employee
73 698
-
154 500
-
income
13 907
-
46 227
-
social contributions
6 123
-
25 512
-
total
20 030
-
71 739
-
Employer
73 698
-
154 500
-
total
-
-
-
-
Corporate
80 802
154 500
-
-
income
10 100
19 313
-
-
total
10 100
19 313
-
-
Dividends
70 702
135 187
-
-
withholding
14 141
27 037
-
-
total
14 141
27 037
-
-
Income
154 500
154 500
154 500
154 500
Total tax
44 271
46 350
71 739
71 739
After tax
110 229
108 150
82 761
82 761
Living cost
53 670
53 670
53 670
53 670
Free-cash
56 559
54 480
29 091
29 091

Estimated living cost  is ₽53670 per week

₽40831
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4373
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽513
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7953
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽61247
₽76350
₽87759
₽64539
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
26 819
health

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

-
-
-
5 721
total
-
-
-
32 540
Employee
43 221
-
150 166
-
income
4 690
-
35 281
-
social contributions
4 330
-
4 334
-
total
9 020
-
39 615
-
Employer
43 221
-
150 166
-
social contributions
4 330
-
4 334
-
total
4 330
-
4 334
-
Corporate
106 949
154 500
-
-
income
37 432
54 074
-
-
total
37 432
54 074
-
-
Dividends
69 516
100 426
-
-
social contributions
4 978
4 978
-
-
total
4 978
4 978
-
-
Income
154 500
154 500
154 500
154 500
Total tax
55 760
59 052
43 949
32 540
After tax
98 740
95 448
110 551
121 960
Living cost
34 201
34 201
34 201
34 201
Free-cash
64 539
61 247
76 350
87 759

Estimated living cost  is ₽34201 per week

₽22528
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2696
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽524
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8452
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽67364
₽54256
₽68305
₽72946
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
42 928
pensions
-
-
-
8 251
total
-
-
-
51 179
Employee
48 064
-
135 072
-
pensions
3 668
-
10 234
-
income
8 753
-
33 562
-
health
627
-
2 004
-
total
13 048
-
45 800
-
Employer
48 064
-
135 072
-
health
913
-
2 566
-
pensions
4 856
-
16 862
-
total
5 769
-
19 428
-
Corporate
100 666
154 500
-
-
income

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

19 127
29 354
-
-
total
19 127
29 354
-
-
Dividends
81 539
125 146
-
-
withholding
8 594
22 766
-
-
total
8 594
22 766
-
-
Income
154 500
154 500
154 500
154 500
Total tax
46 538
52 120
65 228
51 179
After tax
107 962
102 380
89 272
103 321
Living cost
35 016
35 016
35 016
35 016
Free-cash
72 946
67 364
54 256
68 305

Estimated living cost  is ₽35016 per week

₽24021
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3220
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽438
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7335
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽10271
₽60645
₽82881
₽9020
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
242
income
-
-
-
42 171
other
-
-
-
354
health
-
-
-
2 086
pensions
-
-
-
3 980
total
-
-
-
48 833
Employee
35 844
-
138 265
-
pensions
4 036
-
7 298
-
income
4 917
-
31 706
-
health
4 104
-
15 831
-
total
13 057
-
54 835
-
Employer
35 844
-
138 265
-
pensions
5 828
-
10 538
-
accident
599
-
2 309
-
unemployment
878
-
3 387
-
total
7 305
-
16 234
-
Corporate
111 352
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.

100 216
139 050
-
-
total
100 216
139 050
-
-
Dividends
11 135
15 450
-
-
withholding
2 116
2 935
-
-
total
2 116
2 935
-
-
Income
154 500
154 500
154 500
154 500
Total tax
122 694
141 985
71 069
48 833
After tax
31 806
12 515
83 431
105 667
Living cost
22 786
22 786
22 786
22 786
Free-cash
9 020
-10 271
60 645
82 881

Estimated living cost  is ₽22786 per week

₽16723
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1328
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽459
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4277
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽117282
₽95747
₽75023
₽112872
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
154 500
income
-
-
-
25 299
unemployment
-
-
-
1 809
work injury
-
-
-
754
health insurance
-
-
-
11 153
pensions
-
-
-
27 732
total
-
-
-
66 747
Employee

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

20 368
-
154 500
-
health insurance
1 507
-
5 577
-
unemployment
244
-
904
-
work injury
102
-
377
-
pensions
3 748
-
13 866
-
income
2 037
-
25 299
-
total
7 638
-
46 023
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
134 132
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%.

1 341
1 545
-
-
total
1 341
1 545
-
-
Dividends
132 791
152 955
-
-
withholding
19 919
22 943
-
-
total
19 919
22 943
-
-
Income
154 500
154 500
154 500
154 500
Total tax
28 898
24 488
46 023
66 747
After tax
125 602
130 012
108 477
87 753
Living cost
12 730
12 730
12 730
12 730
Free-cash
112 872
117 282
95 747
75 023

Estimated living cost  is ₽12730 per week

₽7886
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽925
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.
₽3521
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽43846
₽28366
₽35146
₽39559
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
154 500
social contributions
-
-
-
39 737
regional
-
-
-
3 527
municipal
-
-
-
1 033
national
-
-
-
37 523
total
-
-
-
81 820
Employee
79 393
-
154 500
-
municipal
474
-
921
-
national
13 417
-
32 456
-
regional
1 199
-
3 126
-
social contributions
26 771
-
52 097
-
total
41 861
-
88 600
-
Employer
79 393
-
154 500
-
total
-
-
-
-
Corporate
75 107
154 500
-
-
municipal
3 621
7 447
-
-
nationa
18 026
37 080
-
-
total
21 647
44 527
-
-
Dividends
53 461
109 973
-
-
withholding
13 899
28 593
-
-
total
13 899
28 593
-
-
Income
154 500
154 500
154 500
154 500
Total tax
77 407
73 120
88 600
81 820
After tax
77 093
81 380
65 900
72 680
Living cost
37 534
37 534
37 534
37 534
Free-cash
39 559
43 846
28 366
35 146

Estimated living cost  is ₽37534 per week

₽26365
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2582
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽567
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8019
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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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