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
₽47538
₽58648
₽52475
₽69454
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
154 500
trade
-
-
-
16 979
income

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

-
-
-
45 272
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.

-
-
-
6 862
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.

-
-
-
2 489
total
-
-
-
71 602
Employee

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

38 417
-
154 500
-
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.

6 862
-
6 862
-
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.

59
-
2 489
-
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.

1 073
-
45 272
-
total
7 994
-
54 623
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
116 083
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.

957
1 275
-
-
income
17 412
23 174
-
-
trade
18 283
24 333
-
-
chamber of commerce
320
374
-
-
total
36 972
49 156
-
-
Dividends
79 110
105 344
-
-
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.

1 067
1 428
-
-
withholding
19 396
25 955
-
-
total
20 463
27 383
-
-
Income
154 500
154 500
154 500
154 500
Total tax
65 429
76 539
54 623
71 602
After tax
89 071
77 961
99 877
82 898
Living cost
30 423
30 423
30 423
30 423
Free-cash
58 648
47 538
69 454
52 475

Estimated living cost  is ₽30423 per week

₽19137
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3547
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽568
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7171
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽45725
₽44882
₽40854
₽42066
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
154 500
municipal
-
-
-
16 772
pensions
-
-
-
18 540
national
-
-
-
25 990
social contributions
-
-
-
1 661
total
-
-
-
62 963
Employee
78 568
-
133 564
-
municipal
9 704
-
17 370
-
pensions
3 143
-
5 343
-
national
15 038
-
26 917
-
total
27 885
-
49 630
-
Employer
78 568
-
133 564
-
social contributions
845
-
1 436
-
pensions
6 285
-
10 685
-
total
7 130
-
12 121
-
Corporate
63 617
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%.

12 723
30 900
-
-
total
12 723
30 900
-
-
Dividends
50 893
123 600
-
-
withholding
11 197
27 192
-
-
total
11 197
27 192
-
-
Income
154 500
154 500
154 500
154 500
Total tax
58 935
58 092
61 751
62 963
After tax
95 565
96 408
92 749
91 537
Living cost
50 683
50 683
50 683
50 683
Free-cash
44 882
45 725
42 066
40 854

Estimated living cost  is ₽50683 per week

₽34449
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4711
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽759
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10764
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽102704
₽94464
₽30184
₽72728
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

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

-
-
-
154 500
microenterprise
-
-
-
-
income
-
-
-
25 539
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.

-
-
-
38 484
total
-
-
-
103 420
Employee
29 350
-
111 626
-
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.

3 229
-
12 279
-
surtax
-
-
-
-
income
5 225
-
21 706
-
total
8 454
-
33 985
-
Employer
29 350
-
111 626
-
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.

7 070
-
26 891
-
surtax
-
-
-
-
total
7 070
-
26 891
-
Corporate
118 080
154 500
-
-
income

Corporate income tax rate is 20% applicable to the taxable base. However, before applying the statutory rate, the taxable base should be divided by a coefficient of 0.8. As taxable base is increased by the coefficient, the effective corporate income tax rate is 25%.

23 616
30 900
-
-
total
23 616
30 900
-
-
Dividends

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

94 464
123 600
-
-
total
-
-
-
-
Income
154 500
154 500
154 500
154 500
Total tax
39 140
30 900
60 876
103 420
After tax
115 360
123 600
93 624
51 080
Living cost
20 896
20 896
20 896
20 896
Free-cash
94 464
102 704
72 728
30 184

Estimated living cost  is ₽20896 per week

₽13331
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1990
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽475
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5101
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽34082
₽27928
₽44780
₽52016
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
43 489
pensions
-
-
-
11 768
health
-
-
-
12 386
total
-
-
-
67 643
Employee
85 774
85 774
135 834
-
health
13 165
11 198
12 386
-
income

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

14 040
14 040
17 587
-
pensions
15 439
11 768
11 768
-
total
42 644
37 006
41 741
-
Employer
85 774
85 774
135 834
-
unemployment
3 088
3 088
3 837
-
pensions
5 970
5 970
7 420
-
health
5 962
5 962
7 409
-
total
15 020
15 020
18 666
-
Corporate
54 758
53 706
-
-
income
10 952
10 741
-
-
total
10 952
10 741
-
-
Dividends
43 806
42 965
-
-
income
9 309
9 130
-
-
withholding
6 570
6 444
-
-
total
15 879
15 574
-
-
Income
154 500
154 500
154 500
154 500
Total tax
84 495
78 341
60 407
67 643
After tax
70 005
76 159
94 093
86 857
Living cost
42 077
42 077
42 077
42 077
Free-cash
27 928
34 082
52 016
44 780

Estimated living cost  is ₽42077 per week

₽29819
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3793
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽669
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7796
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽45394
₽44520
₽41452
₽40506
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
154 500
municipal
-
-
-
38 695
accident
-
-
-
171
pensions
-
-
-
9 231
other
-
-
-
9 923
unemployment
-
-
-
85
health
-
-
-
5 328
national
-
-
-
10 652
total
-
-
-
74 085
Employee
55 518
-
127 670
-
municipal
16 556
-
38 071
-
national
-
-
10 129
-
total
16 556
-
48 200
-
Employer
55 518
-
127 670
-
accident
111
-
171
-
other
6 451
-
9 923
-
unemployment
1 466
-
2 254
-
pensions
6 001
-
9 231
-
health
3 414
-
5 252
-
total
17 443
-
26 831
-
Corporate
81 538
154 500
-
-
income
17 938
33 990
-
-
total
17 938
33 990
-
-
Dividends
63 599
120 510
-
-
withholding
19 080
36 153
-
-
total
19 080
36 153
-
-
Income
154 500
154 500
154 500
154 500
Total tax
71 017
70 143
75 031
74 085
After tax
83 483
84 357
79 469
80 415
Living cost
38 963
38 963
38 963
38 963
Free-cash
44 520
45 394
40 506
41 452

Estimated living cost  is ₽38963 per week

₽25823
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3823
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽592
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8725
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽37708
₽51820
₽42687
₽60419
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
154 500
trade
-
-
-
17 732
income

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

-
-
-
45 272
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.

-
-
-
6 862
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.

-
-
-
2 489
total
-
-
-
72 355
Employee

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

50 937
-
154 500
-
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.

6 862
-
6 862
-
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.

240
-
2 489
-
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.

4 376
-
45 272
-
total
11 478
-
54 623
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
103 563
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.

854
1 275
-
-
income
15 535
23 174
-
-
trade
17 037
25 416
-
-
chamber of commerce
299
372
-
-
total
33 725
50 237
-
-
Dividends
69 839
104 263
-
-
surtax

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

940
1 412
-
-
withholding
17 079
25 685
-
-
total
18 019
27 097
-
-
Income
154 500
154 500
154 500
154 500
Total tax
63 222
77 334
54 623
72 355
After tax
91 278
77 166
99 877
82 145
Living cost
39 458
39 458
39 458
39 458
Free-cash
51 820
37 708
60 419
42 687

Estimated living cost  is ₽39458 per week

₽26390
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4161
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽589
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8318
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽80203
₽76038
₽74145
₽72725
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
154 500
income
-
-
-
27 585
health
-
-
-
3 940
social contributions
-
-
-
16 251
total
-
-
-
47 776
Employee
77 236
77 236
143 205
-
social contributions
3 753
6 410
8 646
-
health
768
1 313
2 434
-
income
8 110
7 150
26 821
-
total
12 631
14 873
37 901
-
Employer
77 236
77 236
143 205
-
social contributions
3 753
6 410
8 646
-
health
837
1 430
2 649
-
total
4 590
7 840
11 295
-
Corporate
104 700
69 425
-
-
income
13 087
8 678
-
-
total
13 087
8 678
-
-
Dividends
91 613
60 746
-
-
withholding
15 575
10 327
-
-
total
15 575
10 327
-
-
Income
154 500
154 500
154 500
154 500
Total tax
45 883
41 718
49 196
47 776
After tax
108 617
112 782
105 304
106 724
Living cost
32 579
32 579
32 579
32 579
Free-cash
76 038
80 203
72 725
74 145

Estimated living cost  is ₽32579 per week

₽22271
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2545
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽547
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7216
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽68608
₽68988
₽88801
₽71336
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
pensions
-
-
-
15 450
unemployment
-
-
-
2 317
health
-
-
-
10 815
total
-
-
-
47 470
Employee

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

The minimum wage is 138,000 HUF per month.

26 314
10 473
129 289
-
health
1 842
733
9 050
-
income
3 217
1 280
15 806
-
pensions
2 631
1 047
12 929
-
unemployment
395
157
1 939
-
total
8 085
3 217
39 724
-
Employer

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

The minimum wage is 138,000 HUF per month.

26 314
10 473
129 289
-
pensions
5 131
2 042
25 211
-
total
5 131
2 042
25 211
-
Corporate
123 055
141 985
-
-
income
11 075
12 779
-
-
total
11 075
12 779
-
-
Dividends
111 980
129 207
-
-
social contributions
21 716
25 076
-
-
withholding
21 276
24 549
-
-
total
42 992
49 625
-
-
Income
154 500
154 500
154 500
154 500
Total tax
67 283
67 663
64 935
47 470
After tax
87 217
86 837
89 565
107 030
Living cost
18 229
18 229
18 229
18 229
Free-cash
68 988
68 608
71 336
88 801

Estimated living cost  is ₽18229 per week

₽12440
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1491
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽364
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3934
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽99339
₽93098
₽58551
₽64791
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
20 704
pensions
-
-
-
30 900
health
-
-
-
20 084
total
-
-
-
71 688
Employee
28 494
-
115 471
-
income
3 208
-
22 263
-
pensions
570
-
2 310
-
unemployment
456
-
1 847
-
total
4 234
-
26 420
-
Employer
28 494
-
115 471
-
unemployment
229
-
924
-
pensions
5 699
-
23 094
-
health
3 704
-
15 010
-
total
9 632
-
39 028
-
Corporate
116 375
154 500
-
-
income
23 275
30 900
-
-
total
23 275
30 900
-
-
Dividends
93 099
123 600
-
-
total
-
-
-
-
Income
154 500
154 500
154 500
154 500
Total tax
37 141
30 900
65 448
71 688
After tax
117 359
123 600
89 052
82 812
Living cost
24 261
24 261
24 261
24 261
Free-cash
93 098
99 339
64 791
58 551

Estimated living cost  is ₽24261 per week

₽16640
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1445
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽488
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5688
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽9531
₽9132
₽83652
₽61103
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
154 500
accident
-
-
-
253
income
-
-
-
41 825
pensions
-
-
-
4 169
other
-
-
-
371
health
-
-
-
2 185
total
-
-
-
48 803
Employee
34 678
-
137 783
-
health
3 971
-
15 776
-
income
4 758
-
31 214
-
pensions
3 905
-
7 645
-
total
12 634
-
54 635
-
Employer
34 678
-
137 783
-
accident
579
-
2 301
-
unemployment
850
-
3 376
-
pensions
5 639
-
11 040
-
total
7 068
-
16 717
-
Corporate
112 754
154 500
-
-
income

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

101 479
139 050
-
-
total
101 479
139 050
-
-
Dividends
11 275
15 450
-
-
withholding
2 142
2 936
-
-
total
2 142
2 936
-
-
Income
154 500
154 500
154 500
154 500
Total tax
123 323
141 986
71 352
48 803
After tax
31 177
12 514
83 148
105 697
Living cost
22 045
22 045
22 045
22 045
Free-cash
9 132
-9 531
61 103
83 652

Estimated living cost  is ₽22045 per week

₽16157
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1221
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽460
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4207
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽137675
₽135969
₽143855
₽114500
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
11 375
-
154 500
-
income
2 275
-
30 900
-
total
2 275
-
30 900
-
Employer
-
-
-
-
total
-
-
-
-
Corporate

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

143 125
154 500
-
-
total
-
-
-
-
Dividends
143 125
154 500
-
-
withholding
7 156
7 725
-
-
total
7 156
7 725
-
-
Income
154 500
154 500
154 500
154 500
Total tax
9 431
7 725
30 900
1 545
After tax
145 069
146 775
123 600
152 955
Living cost
9 100
9 100
9 100
9 100
Free-cash
135 969
137 675
114 500
143 855

Estimated living cost  is ₽9100 per week

₽5639
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽756
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽250
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2454
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽86748
₽79963
₽55386
₽61343
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
154 500
income
-
-
-
21 716
pensions

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

-
-
-
36 658
other
-
-
-
7 255
health
-
-
-
6 721
total
-
-
-
72 350
Employee
36 470
-
123 404
-
health
511
-
1 727
-
income
6 279
-
23 700
-
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.

2 552
-
8 638
-
unemployment
364
-
1 233
-
total
9 706
-
35 298
-
Employer
36 470
-
123 404
-
accident
292
-
987
-
other
1 824
-
6 170
-
unemployment
364
-
1 233
-
pensions

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

6 201
-
20 978
-
health
511
-
1 727
-
total
9 192
-
31 095
-
Corporate
108 839
154 500
-
-
income
22 856
32 445
-
-
total
22 856
32 445
-
-
Dividends
85 983
122 055
-
-
withholding
6 019
8 543
-
-
total
6 019
8 543
-
-
Income
154 500
154 500
154 500
154 500
Total tax
47 773
40 988
66 393
72 350
After tax
106 727
113 512
88 107
82 150
Living cost
26 764
26 764
26 764
26 764
Free-cash
79 963
86 748
61 343
55 386

Estimated living cost  is ₽26764 per week

₽18910
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1807
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽431
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5615
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽36429
₽34875
₽37022
₽22913
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
41 793
pensions
-
-
-
8 583
total
-
-
-
50 376
Employee
94 939
-
135 170
-
health
1 564
-
2 047
-
income
17 114
-
32 389
-
pensions
9 159
-
10 719
-
total
27 837
-
45 155
-
Employer
94 939
-
135 170
-
pensions
11 210
-
16 762
-
health
1 803
-
2 568
-
total
13 013
-
19 330
-
Corporate
46 548
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.

8 845
29 355
-
-
total
8 845
29 355
-
-
Dividends
37 703
125 145
-
-
withholding
2 828
21 614
-
-
total
2 828
21 614
-
-
Income
154 500
154 500
154 500
154 500
Total tax
52 523
50 969
64 485
50 376
After tax
101 977
103 531
90 015
104 124
Living cost
67 102
67 102
67 102
67 102
Free-cash
34 875
36 429
22 913
37 022

Estimated living cost  is ₽67102 per week

₽50281
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽7884
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽546
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8392
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽118929
₽114264
₽108791
₽114607
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
pensions

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

-
-
-
5 192
unemployment
-
-
-
140
health
-
-
-
4 034
total
-
-
-
32 541
Employee
17 436
-
147 617
-
health
802
-
1 614
-
accident

We are using the highest rate at 1.1%.

192
-
386
-
income
1 743
-
14 762
-
pensions

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

1 531
-
3 080
-
total
4 268
-
19 842
-
Employer
17 436
-
147 617
-
accident

We are using the highest rate at 1.1%.

192
-
386
-
unemployment
104
-
210
-
pensions

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

1 922
-
3 866
-
health
1 203
-
2 421
-
total
3 421
-
6 883
-
Corporate
133 643
154 500
-
-
income
13 365
15 450
-
-
total
13 365
15 450
-
-
Dividends
120 278
139 050
-
-
withholding
6 014
6 953
-
-
total
6 014
6 953
-
-
Income
154 500
154 500
154 500
154 500
Total tax
27 068
22 403
26 725
32 541
After tax
127 432
132 097
127 775
121 959
Living cost
13 168
13 168
13 168
13 168
Free-cash
114 264
118 929
114 607
108 791

Estimated living cost  is ₽13168 per week

₽7687
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽940
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽349
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4191
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽20462
₽22987
₽31160
₽38396
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
43 489
pensions
-
-
-
11 768
health
-
-
-
12 386
total
-
-
-
67 643
Employee
93 123
85 774
135 834
-
health
11 618
11 198
12 386
-
income

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

14 040
14 040
17 587
-
pensions
11 768
11 768
11 768
-
total
37 426
37 006
41 741
-
Employer
93 123
85 774
135 834
-
unemployment
3 353
3 088
3 837
-
pensions
6 481
5 970
7 420
-
health
6 471
5 962
7 409
-
total
16 305
15 020
18 666
-
Corporate
45 072
53 706
-
-
income
9 014
10 741
-
-
total
9 014
10 741
-
-
Dividends
36 058
42 965
-
-
income
7 662
9 130
-
-
withholding
5 409
6 444
-
-
total
13 071
15 574
-
-
Income
154 500
154 500
154 500
154 500
Total tax
75 816
78 341
60 407
67 643
After tax
78 684
76 159
94 093
86 857
Living cost
55 697
55 697
55 697
55 697
Free-cash
22 987
20 462
38 396
31 160

Estimated living cost  is ₽55697 per week

₽41086
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4975
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽639
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8999
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽82354
₽73785
₽60200
₽54384
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
154 500
income
-
-
-
14 862
health
-
-
-
20 857
solidarity contribution
-
-
-
-
social contributions
-
-
-
34 562
total
-
-
-
70 281
Employee
35 322
-
115 298
-
social contributions
2 296
-
7 494
-
health
4 768
-
15 565
-
solidarity contribution
-
-
-
-
income
4 239
-
13 836
-
total
11 303
-
36 895
-
Employer
35 322
-
115 298
-
social contributions
8 831
-
28 825
-
health
3 179
-
10 377
-
total
12 010
-
39 202
-
Corporate
107 168
154 500
-
-
income
20 362
29 355
-
-
total
20 362
29 355
-
-
Dividends
86 806
125 145
-
-
withholding
13 021
18 772
-
-
total
13 021
18 772
-
-
Income
154 500
154 500
154 500
154 500
Total tax
56 696
48 127
76 097
70 281
After tax
97 804
106 373
78 403
84 219
Living cost
24 019
24 019
24 019
24 019
Free-cash
73 785
82 354
54 384
60 200

Estimated living cost  is ₽24019 per week

₽16684
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1709
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.
₽5154
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽40050
₽34803
₽32768
₽25716
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
154 500
municipal
-
-
-
919
regional
-
-
-
1 800
national
-
-
-
36 892
social contributions
-
-
-
39 738
total
-
-
-
79 349
Employee
89 267
-
154 500
-
social contributions
30 101
-
52 097
-
regional
842
-
1 586
-
municipal
473
-
820
-
national
15 468
-
31 898
-
total
46 884
-
86 401
-
Employer
89 267
-
154 500
-
total
-
-
-
-
Corporate
65 233
154 500
-
-
nationa
15 657
37 079
-
-
municipal
2 545
6 025
-
-
total
18 202
43 104
-
-
Dividends
47 032
111 396
-
-
withholding
12 228
28 963
-
-
total
12 228
28 963
-
-
Income
154 500
154 500
154 500
154 500
Total tax
77 314
72 067
86 401
79 349
After tax
77 186
82 433
68 099
75 151
Living cost
42 383
42 383
42 383
42 383
Free-cash
34 803
40 050
25 716
32 768

Estimated living cost  is ₽42383 per week

₽29544
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2779
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽650
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9408
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽75016
₽71889
₽51154
₽45947
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
154 500
income
-
-
-
38 970
pensions
-
-
-
26 811
other
-
-
-
-
unemployment
-
-
-
229
health
-
-
-
9 517
surtax
-
-
-
5 655
total
-
-
-
81 182
Employee
33 216
-
127 634
-
other
-
-
-
-
health
848
-
3 256
-
surtax
109
-
4 834
-
income
5 568
-
34 037
-
pensions
2 215
-
8 513
-
unemployment
2 312
-
8 882
-
total
11 052
-
59 522
-
Employer
33 216
-
127 634
-
other
-
-
-
-
unemployment
1 052
-
4 047
-
pensions
4 428
-
17 014
-
health
1 512
-
5 806
-
total
6 992
-
26 867
-
Corporate
114 293
154 500
-
-
income
29 716
40 171
-
-
total
29 716
40 171
-
-
Dividends
84 577
114 329
-
-
withholding
12 687
17 149
-
-
total
12 687
17 149
-
-
Income
154 500
154 500
154 500
154 500
Total tax
60 447
57 320
86 389
81 182
After tax
94 053
97 180
68 111
73 318
Living cost
22 164
22 164
22 164
22 164
Free-cash
71 889
75 016
45 947
51 154

Estimated living cost  is ₽22164 per week

₽13552
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2045
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽511
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽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 Thessaloniki model

Close
Cambridge , United Kingdom
₽57689
₽62022
₽58282
₽44173
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
41 793
pensions
-
-
-
8 583
total
-
-
-
50 376
Employee
63 626
-
135 170
-
health
924
-
2 047
-
income
11 459
-
32 389
-
pensions
5 400
-
10 719
-
total
17 783
-
45 155
-
Employer
63 626
-
135 170
-
pensions
6 887
-
16 762
-
health
1 209
-
2 568
-
total
8 096
-
19 330
-
Corporate
82 778
154 500
-
-
income

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

15 728
29 355
-
-
total
15 728
29 355
-
-
Dividends
67 050
125 145
-
-
withholding
5 029
21 614
-
-
total
5 029
21 614
-
-
Income
154 500
154 500
154 500
154 500
Total tax
46 636
50 969
64 485
50 376
After tax
107 864
103 531
90 015
104 124
Living cost
45 842
45 842
45 842
45 842
Free-cash
62 022
57 689
44 173
58 282

Estimated living cost  is ₽45842 per week

₽34345
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3436
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.
₽7581
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽5741
₽26947
₽49767
₽42258
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
154 500
city
-
-
-
1 628
pensions
-
-
-
14 213
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
-
-
-
7 075
health
-
-
-
347
national
-
-
-
1 990
total
-
-
-
28 343
Employee
89 396
-
138 286
-
city
959
-
1 485
-
regional
2 927
-
6 114
-
health
202
-
312
-
pensions
7 510
-
11 615
-
unemployment
-
-
-
-
national
423
-
1 633
-
total
12 021
-
21 159
-
Employer
89 396
-
138 286
-
other

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

1 787
-
2 766
-
unemployment
-
-
-
-
pensions
7 510
-
11 615
-
health
202
-
312
-
total
9 499
-
14 693
-
Corporate
54 621
154 500
-
-
regional
11 552
32 677
-
-
national
4 642
13 133
-
-
total
16 194
45 810
-
-
Dividends
38 427
108 690
-
-
withholding
13 449
38 041
-
-
total
13 449
38 041
-
-
Income
154 500
154 500
154 500
154 500
Total tax
51 163
83 851
35 852
28 343
After tax
103 337
70 649
118 648
126 157
Living cost
76 390
76 390
76 390
76 390
Free-cash
26 947
-5 741
42 258
49 767

Estimated living cost  is ₽76390 per week

₽49675
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽6855
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽938
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽18921
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽30360
₽46646
₽35377
₽53864
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
154 500
trade
-
-
-
18 487
income

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

-
-
-
45 272
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.

-
-
-
6 862
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.

-
-
-
2 489
total
-
-
-
73 110
Employee

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

60 364
-
154 500
-
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.

6 862
-
6 862
-
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.

391
-
2 489
-
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.

7 098
-
45 272
-
total
14 351
-
54 623
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
94 136
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.

776
1 275
-
-
income
14 120
23 174
-
-
trade
16 145
26 497
-
-
chamber of commerce
286
370
-
-
total
31 327
51 316
-
-
Dividends
62 809
103 184
-
-
surtax

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

842
1 397
-
-
withholding
15 321
25 414
-
-
total
16 163
26 811
-
-
Income
154 500
154 500
154 500
154 500
Total tax
61 841
78 127
54 623
73 110
After tax
92 659
76 373
99 877
81 390
Living cost
46 013
46 013
46 013
46 013
Free-cash
46 646
30 360
53 864
35 377

Estimated living cost  is ₽46013 per week

₽33606
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3681
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.
₽8129
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

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
₽43503
₽49432
₽53063
₽53042
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
22 360
pensions
-
-
-
29 688
other
-
-
-
4 790
health
-
-
-
5 833
surtax
-
-
-
-
social contributions
-
-
-
4 401
total
-
-
-
67 072
Employee
42 988
-
120 970
-
social contributions
1 226
-
3 448
-
surtax
-
-
-
-
income
2 537
-
22 282
-
pensions
4 861
-
7 832
-
total
8 624
-
33 562
-
Employer
42 988
-
120 970
-
other
1 483
-
4 472
-
social contributions
130
-
362
-
unemployment
1 740
-
4 899
-
pensions
7 062
-
13 290
-
health
3 010
-
10 508
-
total
13 425
-
33 531
-
Corporate
98 088
154 500
-
-
surtax
-
-
-
-
income
27 465
43 261
-
-
total
27 465
43 261
-
-
Dividends
70 623
111 239
-
-
surtax
-
-
-
-
social contributions
12 148
19 133
-
-
withholding
9 041
14 238
-
-
total
21 189
33 371
-
-
Income
154 500
154 500
154 500
154 500
Total tax
70 703
76 632
67 093
67 072
After tax
83 797
77 868
87 407
87 428
Living cost
34 365
34 365
34 365
34 365
Free-cash
49 432
43 503
53 042
53 063

Estimated living cost  is ₽34365 per week

₽21668
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2794
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽585
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9319
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽46908
₽52491
₽56468
₽56447
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
22 360
pensions
-
-
-
29 688
other
-
-
-
4 790
health
-
-
-
5 833
surtax
-
-
-
-
social contributions
-
-
-
4 401
total
-
-
-
67 072
Employee
38 373
-
120 970
-
social contributions
1 094
-
3 448
-
surtax
-
-
-
-
income
1 979
-
22 282
-
pensions
4 340
-
7 832
-
total
7 413
-
33 562
-
Employer
38 373
-
120 970
-
other
1 325
-
4 472
-
social contributions
114
-
362
-
unemployment
1 553
-
4 899
-
pensions
6 305
-
13 290
-
health
2 686
-
10 508
-
total
11 983
-
33 531
-
Corporate
104 144
154 500
-
-
surtax
-
-
-
-
income
29 159
43 261
-
-
total
29 159
43 261
-
-
Dividends
74 984
111 239
-
-
surtax
-
-
-
-
social contributions
12 897
19 133
-
-
withholding
9 597
14 238
-
-
total
22 494
33 371
-
-
Income
154 500
154 500
154 500
154 500
Total tax
71 049
76 632
67 093
67 072
After tax
83 451
77 868
87 407
87 428
Living cost
30 960
30 960
30 960
30 960
Free-cash
52 491
46 908
56 447
56 468

Estimated living cost  is ₽30960 per week

₽17955
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3145
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽587
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9273
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Marseille model

Close
Vilnius , Lithuania
₽72962
₽73482
₽77920
₽75392
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
154 500
income
-
-
-
23 174
health
-
-
-
10 785
social contributions
-
-
-
21 322
total
-
-
-
55 281
Employee
34 056
-
154 500
-
social contributions
4 700
-
21 322
-
health
2 377
-
10 785
-
income
5 680
-
25 702
-
total
12 757
-
57 809
-
Employer
34 056
-
154 500
-
total
-
-
-
-
Corporate
120 444
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%.

6 021
7 725
-
-
total
6 021
7 725
-
-
Dividends
114 423
146 775
-
-
health
7 987
10 245
-
-
social contributions
15 790
20 254
-
-
withholding
17 164
22 015
-
-
total
40 941
52 514
-
-
Income
154 500
154 500
154 500
154 500
Total tax
59 719
60 239
57 809
55 281
After tax
94 781
94 261
96 691
99 219
Living cost
21 299
21 299
21 299
21 299
Free-cash
73 482
72 962
75 392
77 920

Estimated living cost  is ₽21299 per week

₽14254
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1313
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.
₽5240
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽50307
₽48751
₽43843
₽4949
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
154 500
chamber of commerce
-
-
-
618
income
-
-
-
37 605
pensions
-
-
-
21 708
unemployment
-
-
-
6 160
health
-
-
-
8 976
surtax
-
-
-
198
total
-
-
-
75 265
Employee
50 197
40 028
120 314
-
other
501
400
1 174
-
health
1 942
1 550
4 540
-
income
5 714
2 953
29 598
-
pensions
5 141
4 098
12 016
-
unemployment
1 506
1 201
3 521
-
total
14 804
10 202
50 849
-
Employer
50 197
40 028
120 314
-
accident
652
520
1 525
-
other
2 385
1 900
5 690
-
chamber of commerce
200
160
480
-
unemployment
1 506
1 201
3 521
-
surtax
198
198
198
-
pensions
6 300
5 024
14 726
-
payroll
1 506
1 201
3 610
-
health
1 897
1 513
4 435
-
total
14 644
11 717
34 185
-
Corporate
89 661
102 754
116 502
-
income

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

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

22 416
25 688
29 125
-
total
22 416
25 688
29 125
-
Dividends
67 245
77 065
-
-
withholding
18 493
21 194
-
-
total
18 493
21 194
-
-
Income
154 500
154 500
154 500
154 500
Total tax
70 357
68 801
114 159
75 265
After tax
84 143
85 699
40 341
79 235
Living cost
35 392
35 392
35 392
35 392
Free-cash
48 751
50 307
4 949
43 843

Estimated living cost  is ₽35392 per week

₽23605
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3019
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽581
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8187
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽49831
₽34764
₽30637
₽19023
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
154 500
national
-
-
-
55 334
communal

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

-
-
-
7 824
social contributions
-
-
-
24 082
total
-
-
-
87 240
Employee

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

71 847
-
119 664
-
communal

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

3 747
-
6 241
-
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.

3 376
-
5 625
-
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.

5 389
-
8 976
-
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.

625
-
1 041
-
national
22 089
-
42 136
-
total
35 226
-
64 019
-
Employer

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

71 847
-
119 664
-
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.

934
-
1 555
-
unemployment

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

1 048
-
1 748
-
surtax
8 147
-
13 571
-
pensions

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

6 366
-
10 602
-
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.

4 418
-
7 359
-
total
20 913
-
34 835
-
Corporate
61 739
154 500
-
-
surtax
248
618
-
-
income
12 348
30 900
-
-
total
12 596
31 518
-
-
Dividends
49 144
122 983
-
-
withholding

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

14 378
36 528
-
-
total
14 378
36 528
-
-
Income
154 500
154 500
154 500
154 500
Total tax
83 113
68 046
98 854
87 240
After tax
71 387
86 454
55 646
67 260
Living cost
36 623
36 623
36 623
36 623
Free-cash
34 764
49 831
19 023
30 637

Estimated living cost  is ₽36623 per week

₽23590
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3202
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽574
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9258
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽66981
₽59700
₽50683
₽46470
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
839
income
-
-
-
39 613
pensions
-
-
-
26 346
other
-
-
-
93
unemployment
-
-
-
652
total
-
-
-
67 543
Employee
49 998
-
124 820
-
other
50
-
93
-
income
10 549
-
36 165
-
pensions
2 350
-
4 376
-
unemployment
776
-
1 443
-
total
13 725
-
42 077
-
Employer
49 998
-
124 820
-
accident
989
-
1 843
-
other
398
-
745
-
unemployment
2 750
-
5 120
-
pensions
11 799
-
21 971
-
total
15 936
-
29 679
-
Corporate
88 565
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.

13 285
23 174
-
-
total
13 285
23 174
-
-
Dividends
75 280
131 326
-
-
withholding
15 580
28 071
-
-
total
15 580
28 071
-
-
Income
154 500
154 500
154 500
154 500
Total tax
58 526
51 245
71 756
67 543
After tax
95 974
103 255
82 744
86 957
Living cost
36 274
36 274
36 274
36 274
Free-cash
59 700
66 981
46 470
50 683

Estimated living cost  is ₽36274 per week

₽26712
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2573
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽522
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6465
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽37076
₽25364
₽24312
₽30473
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
154 500
accident
-
-
-
1 302
income
-
-
-
22 865
pensions
-
-
-
23 157
health
-
-
-
10 855
surtax
-
-
-
7 659
communal
-
-
-
9 765
total
-
-
-
75 603
Employee
76 064
-
138 009
-
health
3 385
-
6 141
-
surtax
4 662
-
8 457
-
income
7 347
-
27 312
-
pensions
6 084
-
11 040
-
total
21 478
-
52 950
-
Employer
76 064
-
138 009
-
accident
684
-
1 243
-
pensions
6 084
-
11 040
-
health
2 320
-
4 209
-
total
9 088
-
16 492
-
Corporate
69 347
154 500
-
-
surtax
728
1 622
-
-
communal
4 681
10 428
-
-
income
10 402
23 174
-
-
total
15 811
35 224
-
-
Dividends
53 536
119 275
-
-
income
20 144
9 724
-
-
withholding
8 030
17 891
-
-
total
28 174
27 615
-
-
Income
154 500
154 500
154 500
154 500
Total tax
74 551
62 839
69 442
75 603
After tax
79 949
91 661
85 058
78 897
Living cost
54 585
54 585
54 585
54 585
Free-cash
25 364
37 076
30 473
24 312

Estimated living cost  is ₽54585 per week

₽40947
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3307
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽578
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9752
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽74619
₽71425
₽50757
₽45550
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
154 500
income
-
-
-
38 970
pensions
-
-
-
26 811
other
-
-
-
-
unemployment
-
-
-
229
health
-
-
-
9 517
surtax
-
-
-
5 655
total
-
-
-
81 182
Employee
33 826
-
127 634
-
other
-
-
-
-
health
863
-
3 256
-
surtax
120
-
4 834
-
income
5 671
-
34 037
-
pensions
2 257
-
8 513
-
unemployment
2 354
-
8 882
-
total
11 265
-
59 522
-
Employer
33 826
-
127 634
-
other
-
-
-
-
unemployment
1 073
-
4 047
-
pensions
4 510
-
17 014
-
health
1 538
-
5 806
-
total
7 121
-
26 867
-
Corporate
113 553
154 500
-
-
income
29 523
40 171
-
-
total
29 523
40 171
-
-
Dividends
84 030
114 329
-
-
withholding
12 605
17 149
-
-
total
12 605
17 149
-
-
Income
154 500
154 500
154 500
154 500
Total tax
60 514
57 320
86 389
81 182
After tax
93 986
97 180
68 111
73 318
Living cost
22 561
22 561
22 561
22 561
Free-cash
71 425
74 619
45 550
50 757

Estimated living cost  is ₽22561 per week

₽13621
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1961
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.
₽6456
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽54152
₽51922
₽47564
₽40550
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
154 500
municipal
-
-
-
919
regional
-
-
-
2 330
national
-
-
-
36 892
social contributions
-
-
-
39 738
total
-
-
-
79 879
Employee
55 717
-
154 500
-
social contributions
18 788
-
52 097
-
regional
750
-
2 078
-
municipal
295
-
820
-
national
8 827
-
31 898
-
total
28 660
-
86 893
-
Employer
55 717
-
154 500
-
total
-
-
-
-
Corporate
98 783
154 500
-
-
nationa
23 708
37 079
-
-
municipal
4 910
7 678
-
-
total
28 618
44 757
-
-
Dividends
70 165
109 743
-
-
withholding
18 243
28 534
-
-
total
18 243
28 534
-
-
Income
154 500
154 500
154 500
154 500
Total tax
75 521
73 291
86 893
79 879
After tax
78 979
81 209
67 607
74 621
Living cost
27 057
27 057
27 057
27 057
Free-cash
51 922
54 152
40 550
47 564

Estimated living cost  is ₽27057 per week

₽16827
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2741
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽463
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7026
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽76775
₽66217
₽54621
₽48805
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
154 500
income
-
-
-
14 862
health
-
-
-
20 857
solidarity contribution
-
-
-
-
social contributions
-
-
-
34 562
total
-
-
-
70 281
Employee
43 526
-
115 298
-
social contributions
2 829
-
7 494
-
health
5 876
-
15 565
-
solidarity contribution
-
-
-
-
income
5 223
-
13 836
-
total
13 928
-
36 895
-
Employer
43 526
-
115 298
-
social contributions
10 882
-
28 825
-
health
3 917
-
10 377
-
total
14 799
-
39 202
-
Corporate
96 175
154 500
-
-
income
18 273
29 355
-
-
total
18 273
29 355
-
-
Dividends
77 902
125 145
-
-
withholding
11 685
18 772
-
-
total
11 685
18 772
-
-
Income
154 500
154 500
154 500
154 500
Total tax
58 685
48 127
76 097
70 281
After tax
95 815
106 373
78 403
84 219
Living cost
29 598
29 598
29 598
29 598
Free-cash
66 217
76 775
48 805
54 621

Estimated living cost  is ₽29598 per week

₽22011
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1640
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽512
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5435
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽53762
₽53266
₽47388
₽8355
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
154 500
chamber of commerce
-
-
-
618
income
-
-
-
37 605
pensions
-
-
-
21 708
unemployment
-
-
-
6 160
health
-
-
-
8 976
surtax
-
-
-
-
total
-
-
-
75 067
Employee
43 906
40 028
120 497
-
other
438
400
1 174
-
health
1 698
1 550
4 540
-
income
3 911
2 953
29 676
-
pensions
4 496
4 098
12 016
-
unemployment
1 317
1 201
3 521
-
total
11 860
10 202
50 927
-
Employer
43 906
40 028
120 497
-
accident
570
520
1 525
-
other
2 085
1 900
5 695
-
chamber of commerce
175
160
482
-
unemployment
1 317
1 201
3 521
-
surtax
-
-
-
-
pensions
5 511
5 024
14 726
-
payroll
1 317
1 201
3 616
-
health
1 660
1 513
4 435
-
total
12 635
11 519
34 000
-
Corporate
97 958
102 952
116 687
-
income

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

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

24 489
25 738
29 173
-
total
24 489
25 738
29 173
-
Dividends
73 469
77 214
-
-
withholding
20 205
21 234
-
-
total
20 205
21 234
-
-
Income
154 500
154 500
154 500
154 500
Total tax
69 189
68 693
114 100
75 067
After tax
85 311
85 807
40 400
79 433
Living cost
32 045
32 045
32 045
32 045
Free-cash
53 266
53 762
8 355
47 388

Estimated living cost  is ₽32045 per week

₽19223
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3273
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽572
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8978
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽132594
₽129935
₽138774
₽109419
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
17 726
-
154 500
-
income
3 545
-
30 900
-
total
3 545
-
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%.

136 774
154 500
-
-
total
-
-
-
-
Dividends
136 774
154 500
-
-
withholding
6 839
7 725
-
-
total
6 839
7 725
-
-
Income
154 500
154 500
154 500
154 500
Total tax
10 384
7 725
30 900
1 545
After tax
144 116
146 775
123 600
152 955
Living cost
14 181
14 181
14 181
14 181
Free-cash
129 935
132 594
109 419
138 774

Estimated living cost  is ₽14181 per week

₽9596
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽595
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽476
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3513
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽79432
₽71032
₽49655
₽45564
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
34 252
pensions
-
-
-
28 216
unemployment
-
-
-
233
health
-
-
-
15 203
total
-
-
-
77 904
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.

44 416
-
133 686
-
health
2 869
-
8 636
-
income
7 659
-
31 637
-
pensions
6 885
-
20 721
-
unemployment
63
-
187
-
total
17 476
-
61 181
-
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.

44 416
-
133 686
-
unemployment
27
-
80
-
pensions
3 930
-
11 831
-
health
2 958
-
8 903
-
total
6 915
-
20 814
-
Corporate
103 169
154 500
-
-
income
19 602
29 356
-
-
total
19 602
29 356
-
-
Dividends
83 567
125 144
-
-
withholding
12 534
18 771
-
-
total
12 534
18 771
-
-
Income
154 500
154 500
154 500
154 500
Total tax
56 527
48 127
81 995
77 904
After tax
97 973
106 373
72 505
76 596
Living cost
26 941
26 941
26 941
26 941
Free-cash
71 032
79 432
45 564
49 655

Estimated living cost  is ₽26941 per week

₽18489
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1727
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽522
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6204
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽50436
₽2413
₽63210
₽97656
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
154 500
income
-
-
-
30 115
social contributions
-
-
-
17 613
total
-
-
-
47 728
Employee
62 462
-
-
-
social contributions
5 122
-
730
-
income
13 778
-
-
-
total
18 900
-
730
-
Employer
62 462
-
-
-
social contributions
88 071
-
12 552
-
total
88 071
-
12 552
-
Corporate
3 967
154 500
-
-
income
873
33 990
-
-
total
873
33 990
-
-
Dividends
3 095
120 510
-
-
income
681
26 512
-
-
total
681
26 512
-
-
Income
154 500
154 500
154 500
154 500
Total tax
108 525
60 502
13 282
47 728
After tax
45 975
93 998
141 218
106 772
Living cost
43 562
43 562
43 562
43 562
Free-cash
2 413
50 436
97 656
63 210

Estimated living cost  is ₽43562 per week

₽28265
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4097
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽555
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10645
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽56373
₽55362
₽52031
₽40961
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
17 274
surtax
-
-
-
-
social contributions

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

-
-
-
53 689
total
-
-
-
70 963
Employee
46 196
-
124 849
-
social contributions
5 082
-
13 733
-
surtax
-
-
-
-
income
9 609
-
38 649
-
total
14 691
-
52 382
-
Employer
46 196
-
124 849
-
social contributions
10 971
-
29 651
-
total
10 971
-
29 651
-
Corporate
97 333
154 500
-
-
surtax
-
-
-
-
income
20 439
32 445
-
-
total
20 439
32 445
-
-
Dividends
76 894
122 055
-
-
withholding
21 531
34 176
-
-
total
21 531
34 176
-
-
Income
154 500
154 500
154 500
154 500
Total tax
67 632
66 621
82 033
70 963
After tax
86 868
87 879
72 467
83 537
Living cost
31 506
31 506
31 506
31 506
Free-cash
55 362
56 373
40 961
52 031

Estimated living cost  is ₽31506 per week

₽23573
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1858
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽526
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5549
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽29356
₽36262
₽38916
₽38895
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
22 360
pensions
-
-
-
29 688
other
-
-
-
4 790
health
-
-
-
5 833
surtax
-
-
-
-
social contributions
-
-
-
4 401
total
-
-
-
67 072
Employee
62 909
-
120 970
-
social contributions
1 792
-
3 448
-
surtax
-
-
-
-
income
5 489
-
22 282
-
pensions
7 115
-
7 832
-
total
14 396
-
33 562
-
Employer
62 909
-
120 970
-
other
2 171
-
4 472
-
social contributions
189
-
362
-
unemployment
2 548
-
4 899
-
pensions
10 337
-
13 290
-
health
4 403
-
10 508
-
total
19 648
-
33 531
-
Corporate
71 943
154 500
-
-
surtax
-
-
-
-
income
20 144
43 261
-
-
total
20 144
43 261
-
-
Dividends
51 799
111 239
-
-
surtax
-
-
-
-
social contributions
8 909
19 133
-
-
withholding
6 629
14 238
-
-
total
15 538
33 371
-
-
Income
154 500
154 500
154 500
154 500
Total tax
69 726
76 632
67 093
67 072
After tax
84 774
77 868
87 407
87 428
Living cost
48 512
48 512
48 512
48 512
Free-cash
36 262
29 356
38 895
38 916

Estimated living cost  is ₽48512 per week

₽32832
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3968
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽665
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽11046
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽108856
₽105482
₽84365
₽88472
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
5 951
social contributions
-
-
-
33 991
total
-
-
-
39 942
Employee
32 291
-
133 766
-
income
-
-
6 408
-
social contributions
2 099
-
8 694
-
total
2 099
-
15 102
-
Employer
32 291
-
133 766
-
social contributions
5 005
-
20 733
-
total
5 005
-
20 733
-
Corporate
117 203
154 500
-
-
income
11 721
15 451
-
-
total
11 721
15 451
-
-
Dividends
105 483
139 049
-
-
total
-
-
-
-
Income
154 500
154 500
154 500
154 500
Total tax
18 825
15 451
35 835
39 942
After tax
135 675
139 049
118 665
114 558
Living cost
30 193
30 193
30 193
30 193
Free-cash
105 482
108 856
88 472
84 365

Estimated living cost  is ₽30193 per week

₽19522
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2276
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽568
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7826
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽64340
-₽64340
₽44044
-₽64340
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
154 500
municipal
-
-
-
31 517
pensions
-
-
-
871
national
-
-
-
17 405
labour market
-
-
-
12 290
total
-
-
-
62 083
Employee
204 171
204 171
204 171
-
labour market
16 310
16 310
16 310
-
national
24 943
24 943
24 943
-
municipal
43 477
43 477
43 477
-
pensions
290
290
290
-
total
85 020
85 020
85 020
-
Employer
204 171
204 171
204 171
-
labour market
16 334
16 334
16 334
-
municipal
43 546
43 546
43 546
-
pensions
580
580
580
-
national
24 987
24 987
24 987
-
total
85 447
85 447
85 447
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
154 500
154 500
154 500
154 500
Total tax
170 467
170 467
170 467
62 083
After tax
-15 967
-15 967
-15 967
92 417
Living cost
48 373
48 373
48 373
48 373
Free-cash
-64 340
-64 340
-64 340
44 044

Estimated living cost  is ₽48373 per week

₽33107
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4279
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽744
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10243
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽9206
₽9184
₽83977
₽61428
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
154 500
accident
-
-
-
253
income
-
-
-
41 825
pensions
-
-
-
4 169
other
-
-
-
371
health
-
-
-
2 185
total
-
-
-
48 803
Employee
34 167
-
137 783
-
health
3 912
-
15 776
-
income
4 687
-
31 214
-
pensions
3 847
-
7 645
-
total
12 446
-
54 635
-
Employer
34 167
-
137 783
-
accident
571
-
2 301
-
unemployment
837
-
3 376
-
pensions
5 555
-
11 040
-
total
6 963
-
16 717
-
Corporate
113 370
154 500
-
-
income

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

102 033
139 050
-
-
total
102 033
139 050
-
-
Dividends
11 337
15 450
-
-
withholding
2 154
2 936
-
-
total
2 154
2 936
-
-
Income
154 500
154 500
154 500
154 500
Total tax
123 596
141 986
71 352
48 803
After tax
30 904
12 514
83 148
105 697
Living cost
21 720
21 720
21 720
21 720
Free-cash
9 184
-9 206
61 428
83 977

Estimated living cost  is ₽21720 per week

₽15810
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1238
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽408
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4264
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽59643
₽61630
₽64347
₽43910
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
154 500
municipal
-
-
-
27 457
health
-
-
-
1 959
national
-
-
-
22 174
total
-
-
-
51 590
Employee
52 845
-
129 974
-
health
395
-
1 582
-
municipal
8 656
-
21 180
-
pensions
3 566
-
8 774
-
unemployment
793
-
1 950
-
national
873
-
14 015
-
total
14 283
-
47 501
-
Employer
52 845
-
129 974
-
accident
53
-
130
-
unemployment
343
-
844
-
pensions
9 168
-
22 551
-
health
406
-
1 001
-
total
9 970
-
24 526
-
Corporate
91 684
154 500
-
-
income
18 337
30 900
-
-
total
18 337
30 900
-
-
Dividends

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

55 011
92 700
-
-
national
1 815
8 708
-
-
municipal
9 902
16 686
-
-
total
11 717
25 394
-
-
Income
154 500
154 500
154 500
154 500
Total tax
54 307
56 294
72 027
51 590
After tax
100 193
98 206
82 473
102 910
Living cost
38 563
38 563
38 563
38 563
Free-cash
61 630
59 643
43 910
64 347

Estimated living cost  is ₽38563 per week

₽25189
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3709
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽614
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9052
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽89527
₽84059
₽83469
₽82049
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
154 500
income
-
-
-
27 585
health
-
-
-
3 940
social contributions
-
-
-
16 251
total
-
-
-
47 776
Employee
77 236
77 236
143 205
-
social contributions
2 920
6 410
8 646
-
health
599
1 313
2 434
-
income
8 410
7 150
26 821
-
total
11 929
14 873
37 901
-
Employer
77 236
77 236
143 205
-
social contributions
2 920
6 410
8 646
-
health
650
1 430
2 649
-
total
3 570
7 840
11 295
-
Corporate
115 746
69 425
-
-
income
14 469
8 678
-
-
total
14 469
8 678
-
-
Dividends
101 277
60 746
-
-
withholding
17 218
10 327
-
-
total
17 218
10 327
-
-
Income
154 500
154 500
154 500
154 500
Total tax
47 186
41 718
49 196
47 776
After tax
107 314
112 782
105 304
106 724
Living cost
23 255
23 255
23 255
23 255
Free-cash
84 059
89 527
82 049
83 469

Estimated living cost  is ₽23255 per week

₽13937
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2282
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.
₽6523
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽111995
₽106886
₽112965
₽92818
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
15 535
pensions
-
-
-
6 389
unemployment
-
-
-
29
health
-
-
-
3 635
total
-
-
-
25 588
Employee

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

23 055
-
144 684
-
health
1 959
-
8 101
-
income
1 576
-
13 044
-
pensions
3 458
-
14 296
-
unemployment
114
-
477
-
total
7 107
-
35 918
-
Employer

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

23 055
-
144 684
-
unemployment
114
-
477
-
pensions
1 268
-
5 242
-
health
991
-
4 098
-
total
2 373
-
9 817
-
Corporate
129 072
154 500
-
-
income
11 616
13 905
-
-
total
11 616
13 905
-
-
Dividends
117 456
140 595
-
-
withholding
10 571
12 653
-
-
total
10 571
12 653
-
-
Income
154 500
154 500
154 500
154 500
Total tax
31 667
26 558
45 735
25 588
After tax
122 833
127 942
108 765
128 912
Living cost
15 947
15 947
15 947
15 947
Free-cash
106 886
111 995
92 818
112 965

Estimated living cost  is ₽15947 per week

₽10175
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1149
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽475
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4148
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽75634
₽71086
₽59336
₽55123
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
839
income
-
-
-
39 613
pensions
-
-
-
26 346
other
-
-
-
93
unemployment
-
-
-
652
total
-
-
-
67 543
Employee
37 140
-
124 820
-
other
36
-
93
-
income
7 160
-
36 165
-
pensions
1 746
-
4 376
-
unemployment
576
-
1 443
-
total
9 518
-
42 077
-
Employer
37 140
-
124 820
-
accident
736
-
1 843
-
other
297
-
745
-
unemployment
2 043
-
5 120
-
pensions
8 764
-
21 971
-
total
11 840
-
29 679
-
Corporate
105 520
154 500
-
-
income

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

15 828
23 174
-
-
total
15 828
23 174
-
-
Dividends
89 692
131 326
-
-
withholding
18 607
28 071
-
-
total
18 607
28 071
-
-
Income
154 500
154 500
154 500
154 500
Total tax
55 793
51 245
71 756
67 543
After tax
98 707
103 255
82 744
86 957
Living cost
27 621
27 621
27 621
27 621
Free-cash
71 086
75 634
55 123
59 336

Estimated living cost  is ₽27621 per week

₽18643
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2655
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽484
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5838
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽93657
₽93204
₽96058
₽95862
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
52 229
pensions
-
-
-
2 007
health
-
-
-
1 455
total
-
-
-
55 691
Employee
4 190
-
152 243
-
health
210
-
502
-
income
811
-
52 124
-
pensions
377
-
903
-
unemployment
42
-
100
-
total
1 440
-
53 629
-
Employer
4 190
-
152 243
-
unemployment
84
-
201
-
pensions
461
-
1 104
-
health
398
-
953
-
total
943
-
2 258
-
Corporate
149 367
154 500
-
-
income
32 861
33 990
-
-
total
32 861
33 990
-
-
Dividends
116 506
120 510
-
-
withholding
23 301
24 102
-
-
total
23 301
24 102
-
-
Income
154 500
154 500
154 500
154 500
Total tax
58 545
58 092
55 887
55 691
After tax
95 955
96 408
98 613
98 809
Living cost
2 751
2 751
2 751
2 751
Free-cash
93 204
93 657
95 862
96 058

Estimated living cost  is ₽2751 per week

₽1635
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽223
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽63
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽830
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽94256
₽89316
₽74643
₽74642
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
34 429
pensions
-
-
-
19 299
unemployment
-
-
-
1 113
health
-
-
-
7 646
total
-
-
-
62 487
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.

26 193
-
141 213
-
health
1 349
-
3 823
-
income
3 610
-
34 429
-
pensions
3 667
-
10 392
-
unemployment
196
-
557
-
total
8 822
-
49 201
-
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.

26 193
-
141 213
-
unemployment
196
-
557
-
pensions
3 143
-
8 907
-
health
1 349
-
3 823
-
total
4 688
-
13 287
-
Corporate
123 619
154 500
-
-
income
18 543
23 175
-
-
total
18 543
23 175
-
-
Dividends
105 076
131 325
-
-
withholding
15 761
19 699
-
-
total
15 761
19 699
-
-
Income
154 500
154 500
154 500
154 500
Total tax
47 814
42 874
62 488
62 487
After tax
106 686
111 626
92 012
92 013
Living cost
17 370
17 370
17 370
17 370
Free-cash
89 316
94 256
74 642
74 643

Estimated living cost  is ₽17370 per week

₽11695
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1344
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽503
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3829
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽60800
₽60438
₽56458
₽45388
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
17 274
surtax
-
-
-
-
social contributions

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

-
-
-
53 689
total
-
-
-
70 963
Employee
38 984
-
124 849
-
social contributions
4 289
-
13 733
-
surtax
-
-
-
-
income
7 617
-
38 649
-
total
11 906
-
52 382
-
Employer
38 984
-
124 849
-
social contributions
9 258
-
29 651
-
total
9 258
-
29 651
-
Corporate
106 258
154 500
-
-
surtax
-
-
-
-
income
22 315
32 445
-
-
total
22 315
32 445
-
-
Dividends
83 944
122 055
-
-
withholding
23 504
34 176
-
-
total
23 504
34 176
-
-
Income
154 500
154 500
154 500
154 500
Total tax
66 983
66 621
82 033
70 963
After tax
87 517
87 879
72 467
83 537
Living cost
27 079
27 079
27 079
27 079
Free-cash
60 438
60 800
45 388
56 458

Estimated living cost  is ₽27079 per week

₽19179
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1881
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽480
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5539
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽67955
₽61014
₽51657
₽47444
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
839
income
-
-
-
39 613
pensions
-
-
-
26 346
other
-
-
-
93
unemployment
-
-
-
652
total
-
-
-
67 543
Employee
48 509
-
124 820
-
other
48
-
93
-
income
10 132
-
36 165
-
pensions
2 280
-
4 376
-
unemployment
751
-
1 443
-
total
13 211
-
42 077
-
Employer
48 509
-
124 820
-
accident
961
-
1 843
-
other
389
-
745
-
unemployment
2 669
-
5 120
-
pensions
11 448
-
21 971
-
total
15 467
-
29 679
-
Corporate
90 525
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.

13 579
23 174
-
-
total
13 579
23 174
-
-
Dividends
76 946
131 326
-
-
withholding
15 929
28 071
-
-
total
15 929
28 071
-
-
Income
154 500
154 500
154 500
154 500
Total tax
58 186
51 245
71 756
67 543
After tax
96 314
103 255
82 744
86 957
Living cost
35 300
35 300
35 300
35 300
Free-cash
61 014
67 955
47 444
51 657

Estimated living cost  is ₽35300 per week

₽25351
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2745
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽497
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6708
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽114821
₽108702
₽104683
₽110499
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
pensions

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

-
-
-
5 192
unemployment
-
-
-
140
health
-
-
-
4 034
total
-
-
-
32 541
Employee
22 876
-
147 617
-
health
1 052
-
1 614
-
accident

We are using the highest rate at 1.1%.

251
-
386
-
income
2 288
-
14 762
-
pensions

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

2 008
-
3 080
-
total
5 599
-
19 842
-
Employer
22 876
-
147 617
-
accident

We are using the highest rate at 1.1%.

251
-
386
-
unemployment
137
-
210
-
pensions

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

2 521
-
3 866
-
health
1 579
-
2 421
-
total
4 488
-
6 883
-
Corporate
127 135
154 500
-
-
income
12 714
15 450
-
-
total
12 714
15 450
-
-
Dividends
114 422
139 050
-
-
withholding
5 721
6 953
-
-
total
5 721
6 953
-
-
Income
154 500
154 500
154 500
154 500
Total tax
28 522
22 403
26 725
32 541
After tax
125 978
132 097
127 775
121 959
Living cost
17 276
17 276
17 276
17 276
Free-cash
108 702
114 821
110 499
104 683

Estimated living cost  is ₽17276 per week

₽11426
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽989
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽412
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4449
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽40773
₽53912
₽45629
₽61099
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
154 500
trade
-
-
-
15 470
income

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

-
-
-
45 272
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.

-
-
-
6 862
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.

-
-
-
2 489
total
-
-
-
70 093
Employee

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

49 976
-
154 500
-
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.

6 862
-
6 862
-
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.

227
-
2 489
-
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.

4 110
-
45 272
-
total
11 199
-
54 623
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
104 524
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.

862
1 275
-
-
income
15 679
23 174
-
-
trade
14 999
22 172
-
-
chamber of commerce
305
379
-
-
total
31 845
47 000
-
-
Dividends
72 679
107 500
-
-
surtax

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

978
1 456
-
-
withholding
17 788
26 493
-
-
total
18 766
27 949
-
-
Income
154 500
154 500
154 500
154 500
Total tax
61 810
74 949
54 623
70 093
After tax
92 690
79 551
99 877
84 407
Living cost
38 778
38 778
38 778
38 778
Free-cash
53 912
40 773
61 099
45 629

Estimated living cost  is ₽38778 per week

₽26750
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4172
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽562
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7293
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽50933
₽53151
₽26830
₽26830
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
45 197
social contributions
-
-
-
25 256
total
-
-
-
70 453
Employee
78 569
-
154 500
-
income
14 826
-
45 197
-
social contributions
6 527
-
25 256
-
total
21 353
-
70 453
-
Employer
78 569
-
154 500
-
total
-
-
-
-
Corporate
75 931
154 500
-
-
income
9 492
19 312
-
-
total
9 492
19 312
-
-
Dividends
66 439
135 188
-
-
withholding
13 287
27 038
-
-
total
13 287
27 038
-
-
Income
154 500
154 500
154 500
154 500
Total tax
44 132
46 350
70 453
70 453
After tax
110 368
108 150
84 047
84 047
Living cost
57 217
57 217
57 217
57 217
Free-cash
53 151
50 933
26 830
26 830

Estimated living cost  is ₽57217 per week

₽43529
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4662
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽547
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8478
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽58656
₽62166
₽82718
₽74760
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

We use The Residence Programme or The Global Residence Programme.

-
-
-
154 500
income
-
-
-
28 591
health

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

-
-
-
6 730
total
-
-
-
35 321
Employee
46 077
-
149 880
-
income
5 000
-
34 039
-
social contributions
4 617
-
4 620
-
total
9 617
-
38 659
-
Employer
46 077
-
149 880
-
social contributions
4 617
-
4 620
-
total
4 617
-
4 620
-
Corporate
103 806
154 500
-
-
income
36 332
54 076
-
-
total
36 332
54 076
-
-
Dividends
67 474
100 424
-
-
social contributions
5 307
5 307
-
-
total
5 307
5 307
-
-
Income
154 500
154 500
154 500
154 500
Total tax
55 873
59 383
43 279
35 321
After tax
98 627
95 117
111 221
119 179
Living cost
36 461
36 461
36 461
36 461
Free-cash
62 166
58 656
74 760
82 718

Estimated living cost  is ₽36461 per week

₽24017
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2874
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽558
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9010
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽66263
₽72206
₽66856
₽52747
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
41 793
pensions
-
-
-
8 583
total
-
-
-
50 376
Employee
51 156
-
135 170
-
health
667
-
2 047
-
income
9 316
-
32 389
-
pensions
3 904
-
10 719
-
total
13 887
-
45 155
-
Employer
51 156
-
135 170
-
pensions
5 168
-
16 762
-
health
972
-
2 568
-
total
6 140
-
19 330
-
Corporate
97 204
154 500
-
-
income

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

18 468
29 355
-
-
total
18 468
29 355
-
-
Dividends
78 735
125 145
-
-
withholding
6 531
21 614
-
-
total
6 531
21 614
-
-
Income
154 500
154 500
154 500
154 500
Total tax
45 026
50 969
64 485
50 376
After tax
109 474
103 531
90 015
104 124
Living cost
37 268
37 268
37 268
37 268
Free-cash
72 206
66 263
52 747
66 856

Estimated living cost  is ₽37268 per week

₽25566
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3427
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽466
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7807
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details

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
-₽11357
₽8853
₽81826
₽59277
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
154 500
accident
-
-
-
253
income
-
-
-
41 825
pensions
-
-
-
4 169
other
-
-
-
371
health
-
-
-
2 185
total
-
-
-
48 803
Employee
37 549
-
137 783
-
health
4 299
-
15 776
-
income
5 151
-
31 214
-
pensions
4 228
-
7 645
-
total
13 678
-
54 635
-
Employer
37 549
-
137 783
-
accident
627
-
2 301
-
unemployment
920
-
3 376
-
pensions
6 105
-
11 040
-
total
7 652
-
16 717
-
Corporate
109 299
154 500
-
-
income

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

98 369
139 050
-
-
total
98 369
139 050
-
-
Dividends
10 930
15 450
-
-
withholding
2 077
2 936
-
-
total
2 077
2 936
-
-
Income
154 500
154 500
154 500
154 500
Total tax
121 776
141 986
71 352
48 803
After tax
32 724
12 514
83 148
105 697
Living cost
23 871
23 871
23 871
23 871
Free-cash
8 853
-11 357
59 277
81 826

Estimated living cost  is ₽23871 per week

₽17518
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1391
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽481
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4480
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

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

Source of data for Warsaw model

Close
Skopje , Macedonia
₽116446
₽111746
₽73312
₽93714
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
work injury
-
-
-
773
health insurance
-
-
-
11 433
income
-
-
-
25 134
pensions
-
-
-
28 428
unemployment
-
-
-
1 854
total
-
-
-
67 622
Employee

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

21 706
-
154 500
-
work injury
109
-
402
-
income
2 171
-
25 134
-
pensions
3 994
-
14 777
-
health insurance
1 606
-
5 943
-
unemployment
260
-
964
-
total
8 140
-
47 220
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
132 794
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%.

1 328
1 545
-
-
total
1 328
1 545
-
-
Dividends
131 466
152 955
-
-
withholding
19 720
22 943
-
-
total
19 720
22 943
-
-
Income
154 500
154 500
154 500
154 500
Total tax
29 188
24 488
47 220
67 622
After tax
125 312
130 012
107 280
86 878
Living cost
13 566
13 566
13 566
13 566
Free-cash
111 746
116 446
93 714
73 312

Estimated living cost  is ₽13566 per week

₽8404
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽986
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽423
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3753
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽41367
₽36797
₽33309
₽26470
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
154 500
municipal
-
-
-
1 033
regional
-
-
-
3 514
national
-
-
-
36 892
social contributions
-
-
-
39 738
total
-
-
-
81 177
Employee
84 639
-
154 500
-
social contributions
28 540
-
52 097
-
regional
1 278
-
3 098
-
municipal
505
-
923
-
national
14 303
-
31 898
-
total
44 626
-
88 016
-
Employer
84 639
-
154 500
-
total
-
-
-
-
Corporate
69 861
154 500
-
-
nationa
16 766
37 079
-
-
municipal
3 368
7 447
-
-
total
20 134
44 526
-
-
Dividends
49 727
109 974
-
-
withholding
12 929
28 593
-
-
total
12 929
28 593
-
-
Income
154 500
154 500
154 500
154 500
Total tax
77 689
73 119
88 016
81 177
After tax
76 811
81 381
66 484
73 323
Living cost
40 014
40 014
40 014
40 014
Free-cash
36 797
41 367
26 470
33 309

Estimated living cost  is ₽40014 per week

₽28107
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2752
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽604
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8549
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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

Close
[[ place.name ]], [[ place.country ]]

[[ row[2] ]] [[ row[0] ]]

Estimated living cost

Adjust living cost [[ detailsButtonText ]] Source

Additional information

Source

[[ $tc('message.data_source', {city: place.name}) ]] [[ place.name ]]

Close

[[ row[2] ]] [[ row[0] ]]

Estimated living cost

Adjust living cost [[ detailsButtonText ]] Source

Additional information

Source

[[ $tc('message.data_source', {city: place.name}) ]] [[ place.name ]]

Close