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
₽ 155500
per

Your estimated
City
free-cash

Dresden , Germany
₽60916
₽50839
₽71552
₽53734
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
155 500
trade
-
-
-
17 818
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.

-
-
-
47 512
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.

-
-
-
6 225
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.

-
-
-
2 613
total
-
-
-
74 168
Employee

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

34 850
-
155 500
-
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.

54
-
2 613
-
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.

6 225
-
6 225
-
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.

973
-
47 512
-
total
7 252
-
56 350
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
120 650
155 500
-
-
trade
19 003
24 491
-
-
income
18 097
23 326
-
-
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.

996
1 283
-
-
chamber of commerce
311
361
-
-
total
38 407
49 461
-
-
Dividends
82 243
106 039
-
-
withholding
20 215
26 163
-
-
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.

1 112
1 439
-
-
total
21 327
27 602
-
-
Income
155 500
155 500
155 500
155 500
Total tax
66 986
77 063
56 350
74 168
After tax
88 514
78 437
99 150
81 332
Living cost
27 598
27 598
27 598
27 598
Free-cash
60 916
50 839
71 552
53 734

Estimated living cost  is ₽27598 per week

₽17360
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3218
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.
₽6505
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽49890
₽50662
₽46689
₽45468
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
155 500
social contributions
-
-
-
1 672
pensions
-
-
-
18 660
municipal
-
-
-
16 995
national
-
-
-
26 335
total
-
-
-
63 662
Employee
71 882
-
134 428
-
national
13 758
-
27 268
-
municipal
8 879
-
17 597
-
pensions
2 875
-
5 377
-
total
25 512
-
50 242
-
Employer
71 882
-
134 428
-
pensions
5 751
-
10 754
-
social contributions
773
-
1 445
-
total
6 524
-
12 199
-
Corporate
72 350
155 500
-
-
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%.

14 470
31 100
-
-
total
14 470
31 100
-
-
Dividends
57 880
124 400
-
-
withholding
12 734
27 368
-
-
total
12 734
27 368
-
-
Income
155 500
155 500
155 500
155 500
Total tax
59 240
58 468
62 441
63 662
After tax
96 260
97 032
93 059
91 838
Living cost
46 370
46 370
46 370
46 370
Free-cash
49 890
50 662
46 689
45 468

Estimated living cost  is ₽46370 per week

₽31517
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4310
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽694
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9848
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽97970
₽105444
₽45711
₽34275
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
155 500
social contributions

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

-
-
-
34 910
income
-
-
-
27 707
microenterprise
-
-
-
-
surtax
-
-
-
39 652
total
-
-
-
102 269
Employee
26 625
-
116 523
-
surtax
-
-
16 895
-
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.

2 929
-
11 945
-
income
4 739
-
23 016
-
total
7 668
-
51 856
-
Employer
26 625
-
116 523
-
social contributions

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

6 413
-
26 159
-
surtax
-
-
12 818
-
total
6 413
-
38 977
-
Corporate
122 462
155 500
-
-
income

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

24 493
31 100
-
-
total
24 493
31 100
-
-
Dividends

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

97 970
124 400
-
-
total
-
-
-
-
Income
155 500
155 500
155 500
155 500
Total tax
38 574
31 100
90 833
102 269
After tax
116 926
124 400
64 667
53 231
Living cost
18 956
18 956
18 956
18 956
Free-cash
97 970
105 444
45 711
34 275

Estimated living cost  is ₽18956 per week

₽12093
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1805
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.
₽4627
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽33158
₽38742
₽58439
₽48027
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
155 500
income
-
-
-
47 392
pensions
-
-
-
10 675
health
-
-
-
11 236
total
-
-
-
69 303
Employee
77 809
77 809
138 567
-
health
11 943
10 158
11 236
-
pensions
14 006
10 675
10 675
-
income

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

12 736
12 736
20 047
-
total
38 685
33 569
41 958
-
Employer
77 809
77 809
138 567
-
pensions
5 416
5 416
6 731
-
unemployment
2 801
2 801
3 481
-
health
5 409
5 409
6 721
-
total
13 626
13 626
16 933
-
Corporate
65 020
64 065
-
-
income
13 005
12 813
-
-
total
13 005
12 813
-
-
Dividends
52 015
51 253
-
-
withholding
7 802
7 688
-
-
income
11 054
10 892
-
-
total
18 856
18 580
-
-
Income
155 500
155 500
155 500
155 500
Total tax
84 172
78 588
58 891
69 303
After tax
71 328
76 912
96 609
86 197
Living cost
38 170
38 170
38 170
38 170
Free-cash
33 158
38 742
58 439
48 027

Estimated living cost  is ₽38170 per week

₽27050
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3441
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽607
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7072
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽46652
₽47491
₽42124
₽43032
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
155 500
other
-
-
-
9 528
unemployment
-
-
-
82
pensions
-
-
-
8 863
municipal
-
-
-
39 287
accident
-
-
-
164
national
-
-
-
12 016
health
-
-
-
5 116
total
-
-
-
75 056
Employee
53 308
-
129 738
-
national
-
-
11 513
-
municipal
15 896
-
38 688
-
total
15 896
-
50 201
-
Employer
53 308
-
129 738
-
other
6 194
-
9 528
-
accident
107
-
164
-
pensions
5 763
-
8 863
-
unemployment
1 407
-
2 165
-
health
3 278
-
5 043
-
total
16 749
-
25 763
-
Corporate
85 443
155 500
-
-
income
18 797
34 210
-
-
total
18 797
34 210
-
-
Dividends
66 645
121 290
-
-
withholding
19 994
36 387
-
-
total
19 994
36 387
-
-
Income
155 500
155 500
155 500
155 500
Total tax
71 436
70 597
75 964
75 056
After tax
84 064
84 903
79 536
80 444
Living cost
37 412
37 412
37 412
37 412
Free-cash
46 652
47 491
42 124
43 032

Estimated living cost  is ₽37412 per week

₽24795
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3671
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.
₽8378
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Stockholm model

Close
Hamburg , Germany
₽54646
₽41841
₽63356
₽44746
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
155 500
trade
-
-
-
18 610
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.

-
-
-
47 512
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.

-
-
-
6 225
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.

-
-
-
2 613
total
-
-
-
74 960
Employee

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

46 207
-
155 500
-
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.

218
-
2 613
-
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.

6 225
-
6 225
-
income

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

3 970
-
47 512
-
total
10 413
-
56 350
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
109 293
155 500
-
-
trade
17 979
25 580
-
-
income
16 394
23 326
-
-
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.

901
1 283
-
-
chamber of commerce
294
360
-
-
total
35 568
50 549
-
-
Dividends
73 726
104 952
-
-
withholding
18 085
25 891
-
-
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.

994
1 425
-
-
total
19 079
27 316
-
-
Income
155 500
155 500
155 500
155 500
Total tax
65 060
77 865
56 350
74 960
After tax
90 440
77 635
99 150
80 540
Living cost
35 794
35 794
35 794
35 794
Free-cash
54 646
41 841
63 356
44 746

Estimated living cost  is ₽35794 per week

₽23939
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3775
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽534
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7546
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽80122
₽83902
₽75601
₽76983
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
155 500
social contributions
-
-
-
14 742
income
-
-
-
30 257
health
-
-
-
3 965
total
-
-
-
48 964
Employee
70 064
70 064
144 975
-
health
697
1 191
2 464
-
social contributions
3 405
5 815
7 843
-
income
7 357
6 486
29 514
-
total
11 459
13 492
39 821
-
Employer
70 064
70 064
144 975
-
social contributions
3 405
5 815
7 843
-
health
759
1 297
2 682
-
total
4 164
7 112
10 525
-
Corporate
110 324
78 324
-
-
income
13 791
9 790
-
-
total
13 791
9 790
-
-
Dividends
96 533
68 534
-
-
withholding
16 411
11 651
-
-
total
16 411
11 651
-
-
Income
155 500
155 500
155 500
155 500
Total tax
45 825
42 045
50 346
48 964
After tax
109 675
113 455
105 154
106 536
Living cost
29 553
29 553
29 553
29 553
Free-cash
80 122
83 902
75 601
76 983

Estimated living cost  is ₽29553 per week

₽20203
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2308
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽496
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6546
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽70674
₽70317
₽73090
₽90668
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
155 500
unemployment
-
-
-
2 333
income
-
-
-
19 010
pensions
-
-
-
15 550
health
-
-
-
10 885
total
-
-
-
47 778
Employee

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

The minimum wage is 138,000 HUF per month.

24 618
9 797
130 126
-
unemployment
369
147
1 952
-
health
1 723
686
9 109
-
pensions
2 462
980
13 013
-
income
3 010
1 198
15 908
-
total
7 564
3 011
39 982
-
Employer

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

The minimum wage is 138,000 HUF per month.

24 618
9 797
130 126
-
pensions
4 800
1 911
25 374
-
total
4 800
1 911
25 374
-
Corporate
126 082
143 792
-
-
income
11 347
12 941
-
-
total
11 347
12 941
-
-
Dividends
114 735
130 851
-
-
withholding
21 800
24 862
-
-
social contributions
22 261
25 404
-
-
total
44 061
50 266
-
-
Income
155 500
155 500
155 500
155 500
Total tax
67 772
68 129
65 356
47 778
After tax
87 728
87 371
90 144
107 722
Living cost
17 054
17 054
17 054
17 054
Free-cash
70 674
70 317
73 090
90 668

Estimated living cost  is ₽17054 per week

₽11638
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1395
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽341
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3680
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽96732
₽102392
₽67620
₽61340
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
155 500
income
-
-
-
20 837
pensions
-
-
-
31 100
health
-
-
-
20 215
total
-
-
-
72 152
Employee
25 848
-
116 217
-
unemployment
413
-
1 859
-
pensions
517
-
2 324
-
income
2 910
-
22 407
-
total
3 840
-
26 590
-
Employer
25 848
-
116 217
-
pensions
5 170
-
23 243
-
unemployment
207
-
930
-
health
3 360
-
15 109
-
total
8 737
-
39 282
-
Corporate
120 915
155 500
-
-
income
24 183
31 100
-
-
total
24 183
31 100
-
-
Dividends
96 732
124 400
-
-
total
-
-
-
-
Income
155 500
155 500
155 500
155 500
Total tax
36 760
31 100
65 872
72 152
After tax
118 740
124 400
89 628
83 348
Living cost
22 008
22 008
22 008
22 008
Free-cash
96 732
102 392
67 620
61 340

Estimated living cost  is ₽22008 per week

₽15095
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1311
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽443
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5160
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽9466
-₽7802
₽63794
₽85931
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
155 500
other
-
-
-
344
income
-
-
-
42 714
pensions
-
-
-
3 858
accident
-
-
-
234
health
-
-
-
2 022
total
-
-
-
49 172
Employee
32 085
-
139 537
-
health
3 674
-
15 977
-
pensions
3 613
-
7 073
-
income
4 402
-
32 296
-
total
11 689
-
55 346
-
Employer
32 085
-
139 537
-
accident
536
-
2 330
-
pensions
5 217
-
10 214
-
unemployment
786
-
3 419
-
total
6 539
-
15 963
-
Corporate
116 876
155 500
-
-
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.

105 189
139 950
-
-
total
105 189
139 950
-
-
Dividends
11 688
15 550
-
-
withholding
2 220
2 955
-
-
total
2 220
2 955
-
-
Income
155 500
155 500
155 500
155 500
Total tax
125 637
142 905
71 309
49 172
After tax
29 863
12 595
84 191
106 328
Living cost
20 397
20 397
20 397
20 397
Free-cash
9 466
-7 802
63 794
85 931

Estimated living cost  is ₽20397 per week

₽14949
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1130
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽426
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3892
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽138859
₽140258
₽116933
₽146478
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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%.

-
-
-
155 500
microenterprise

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

-
-
-
1 555
total
-
-
-
1 555
Employee
9 333
-
155 500
-
income
1 866
-
31 100
-
total
1 866
-
31 100
-
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%.

146 167
155 500
-
-
total
-
-
-
-
Dividends
146 167
155 500
-
-
withholding
7 308
7 775
-
-
total
7 308
7 775
-
-
Income
155 500
155 500
155 500
155 500
Total tax
9 174
7 775
31 100
1 555
After tax
146 326
147 725
124 400
153 945
Living cost
7 467
7 467
7 467
7 467
Free-cash
138 859
140 258
116 933
146 478

Estimated living cost  is ₽7467 per week

₽4627
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽621
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽205
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2013
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽83814
₽89966
₽63971
₽61752
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
155 500
other
-
-
-
6 581
income
-
-
-
23 537
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.

-
-
-
33 254
health
-
-
-
6 097
total
-
-
-
69 469
Employee
33 083
-
124 200
-
unemployment
330
-
1 241
-
health
463
-
1 739
-
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.

2 315
-
8 694
-
income
5 696
-
24 277
-
total
8 804
-
35 951
-
Employer
33 083
-
124 200
-
other
1 655
-
6 211
-
accident
265
-
994
-
pensions

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

5 625
-
21 114
-
unemployment
330
-
1 241
-
health
463
-
1 739
-
total
8 338
-
31 299
-
Corporate
114 079
155 500
-
-
income
23 957
32 656
-
-
total
23 957
32 656
-
-
Dividends
90 122
122 844
-
-
withholding
6 308
8 599
-
-
total
6 308
8 599
-
-
Income
155 500
155 500
155 500
155 500
Total tax
47 407
41 255
67 250
69 469
After tax
108 093
114 245
88 250
86 031
Living cost
24 279
24 279
24 279
24 279
Free-cash
83 814
89 966
63 971
61 752

Estimated living cost  is ₽24279 per week

₽17154
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1639
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽391
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5094
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽44119
₽42019
₽29173
₽43260
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
155 500
income
-
-
-
44 158
pensions
-
-
-
8 026
total
-
-
-
52 184
Employee
84 970
-
135 864
-
health
1 400
-
1 980
-
pensions
8 197
-
9 890
-
income
15 317
-
34 765
-
total
24 914
-
46 635
-
Employer
84 970
-
135 864
-
pensions
10 032
-
17 055
-
health
1 614
-
2 581
-
total
11 646
-
19 636
-
Corporate
58 884
155 500
-
-
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.

11 187
29 546
-
-
total
11 187
29 546
-
-
Dividends
47 697
125 954
-
-
withholding
3 578
23 879
-
-
total
3 578
23 879
-
-
Income
155 500
155 500
155 500
155 500
Total tax
51 325
53 425
66 271
52 184
After tax
104 175
102 075
89 229
103 316
Living cost
60 056
60 056
60 056
60 056
Free-cash
44 119
42 019
29 173
43 260

Estimated living cost  is ₽60056 per week

₽45001
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽7056
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.
₽7511
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽116773
₽121007
₽117777
₽111732
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
155 500
unemployment
-
-
-
127
income
-
-
-
23 325
pensions

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

-
-
-
4 710
health
-
-
-
3 660
total
-
-
-
31 822
Employee
15 818
-
149 256
-
accident

We are using the highest rate at 1.1%.

174
-
350
-
health
728
-
1 464
-
pensions

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

1 389
-
2 794
-
income
1 582
-
14 925
-
total
3 873
-
19 533
-
Employer
15 818
-
149 256
-
accident

We are using the highest rate at 1.1%.

174
-
350
-
pensions

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

1 743
-
3 507
-
unemployment
95
-
191
-
health
1 092
-
2 196
-
total
3 104
-
6 244
-
Corporate
136 578
155 500
-
-
income
13 658
15 550
-
-
total
13 658
15 550
-
-
Dividends
122 920
139 950
-
-
withholding
6 146
6 997
-
-
total
6 146
6 997
-
-
Income
155 500
155 500
155 500
155 500
Total tax
26 781
22 547
25 777
31 822
After tax
128 719
132 953
129 723
123 678
Living cost
11 946
11 946
11 946
11 946
Free-cash
116 773
121 007
117 777
111 732

Estimated living cost  is ₽11946 per week

₽6974
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽853
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽316
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3802
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽28680
₽26387
₽46084
₽35672
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
155 500
income
-
-
-
47 392
pensions
-
-
-
10 675
health
-
-
-
11 236
total
-
-
-
69 303
Employee
84 476
77 809
138 567
-
health
10 539
10 158
11 236
-
pensions
10 675
10 675
10 675
-
income

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

12 736
12 736
20 047
-
total
33 950
33 569
41 958
-
Employer
84 476
77 809
138 567
-
pensions
5 879
5 416
6 731
-
unemployment
3 041
2 801
3 481
-
health
5 870
5 409
6 721
-
total
14 790
13 626
16 933
-
Corporate
56 233
64 065
-
-
income
11 246
12 813
-
-
total
11 246
12 813
-
-
Dividends
44 987
51 253
-
-
withholding
6 749
7 688
-
-
income
9 560
10 892
-
-
total
16 309
18 580
-
-
Income
155 500
155 500
155 500
155 500
Total tax
76 295
78 588
58 891
69 303
After tax
79 205
76 912
96 609
86 197
Living cost
50 525
50 525
50 525
50 525
Free-cash
28 680
26 387
46 084
35 672

Estimated living cost  is ₽50525 per week

₽37271
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4513
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽579
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8163
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽76194
₽84311
₽57038
₽63754
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
155 500
social contributions
-
-
-
32 738
income
-
-
-
15 265
health
-
-
-
20 992
solidarity contribution
-
-
-
-
total
-
-
-
68 995
Employee
33 458
-
116 946
-
solidarity contribution
-
-
-
-
health
4 517
-
15 788
-
social contributions
2 175
-
7 288
-
income
4 015
-
14 081
-
total
10 707
-
37 157
-
Employer
33 458
-
116 946
-
social contributions
8 364
-
28 029
-
health
3 011
-
10 525
-
total
11 375
-
38 554
-
Corporate
110 667
155 500
-
-
income
21 027
29 545
-
-
total
21 027
29 545
-
-
Dividends
89 640
125 955
-
-
withholding
13 446
18 893
-
-
total
13 446
18 893
-
-
Income
155 500
155 500
155 500
155 500
Total tax
56 555
48 438
75 711
68 995
After tax
98 945
107 062
79 789
86 505
Living cost
22 751
22 751
22 751
22 751
Free-cash
76 194
84 311
57 038
63 754

Estimated living cost  is ₽22751 per week

₽15803
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1619
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽447
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4882
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽39759
₽44518
₽29136
₽36163
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
155 500
regional
-
-
-
1 830
social contributions
-
-
-
39 994
municipal
-
-
-
923
national
-
-
-
38 142
total
-
-
-
80 889
Employee
80 978
-
155 500
-
national
14 032
-
33 041
-
regional
764
-
1 615
-
municipal
429
-
825
-
social contributions
27 306
-
52 435
-
total
42 531
-
87 916
-
Employer
80 978
-
155 500
-
total
-
-
-
-
Corporate
74 522
155 500
-
-
nationa
17 886
37 321
-
-
municipal
2 907
6 064
-
-
total
20 793
43 385
-
-
Dividends
53 729
112 115
-
-
withholding
13 969
29 149
-
-
total
13 969
29 149
-
-
Income
155 500
155 500
155 500
155 500
Total tax
77 293
72 534
87 916
80 889
After tax
78 207
82 966
67 584
74 611
Living cost
38 448
38 448
38 448
38 448
Free-cash
39 759
44 518
29 136
36 163

Estimated living cost  is ₽38448 per week

₽26801
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2521
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽590
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8535
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽74868
₽77704
₽47943
₽53545
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
155 500
other
-
-
-
-
unemployment
-
-
-
207
income
-
-
-
42 257
pensions
-
-
-
24 321
health
-
-
-
8 633
surtax
-
-
-
6 431
total
-
-
-
81 849
Employee
30 132
-
129 902
-
surtax
99
-
5 372
-
unemployment
2 097
-
8 464
-
other
-
-
-
-
health
769
-
3 100
-
pensions
2 009
-
8 111
-
income
5 051
-
36 807
-
total
10 025
-
61 854
-
Employer
30 132
-
129 902
-
other
-
-
-
-
pensions
4 017
-
16 210
-
unemployment
954
-
3 854
-
health
1 371
-
5 533
-
total
6 342
-
25 597
-
Corporate
119 026
155 500
-
-
income
30 947
40 430
-
-
total
30 947
40 430
-
-
Dividends
88 079
115 070
-
-
withholding
13 212
17 260
-
-
total
13 212
17 260
-
-
Income
155 500
155 500
155 500
155 500
Total tax
60 526
57 690
87 451
81 849
After tax
94 974
97 810
68 049
73 651
Living cost
20 106
20 106
20 106
20 106
Free-cash
74 868
77 704
47 943
53 545

Estimated living cost  is ₽20106 per week

₽12294
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1855
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.
₽5493
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽66980
₽61047
₽48201
₽62288
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
155 500
income
-
-
-
44 158
pensions
-
-
-
8 026
total
-
-
-
52 184
Employee
56 944
-
135 864
-
health
827
-
1 980
-
pensions
4 833
-
9 890
-
income
10 256
-
34 765
-
total
15 916
-
46 635
-
Employer
56 944
-
135 864
-
pensions
6 164
-
17 055
-
health
1 082
-
2 581
-
total
7 246
-
19 636
-
Corporate
91 310
155 500
-
-
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.

17 350
29 546
-
-
total
17 350
29 546
-
-
Dividends
73 960
125 954
-
-
withholding
6 980
23 879
-
-
total
6 980
23 879
-
-
Income
155 500
155 500
155 500
155 500
Total tax
47 492
53 425
66 271
52 184
After tax
108 008
102 075
89 229
103 316
Living cost
41 028
41 028
41 028
41 028
Free-cash
66 980
61 047
48 201
62 288

Estimated living cost  is ₽41028 per week

₽30738
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3075
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽429
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6785
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽29871
-₽962
₽46969
₽54397
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
155 500
other

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

-
-
-
3 110
city
-
-
-
1 638
regional
-
-
-
7 391
pensions
-
-
-
14 306
national
-
-
-
2 240
health
-
-
-
350
total
-
-
-
29 035
Employee
84 338
-
139 182
-
national
399
-
1 776
-
unemployment
-
-
-
-
city
905
-
1 496
-
regional
2 762
-
6 399
-
health
191
-
313
-
pensions
7 086
-
11 691
-
total
11 343
-
21 675
-
Employer
84 338
-
139 182
-
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.

1 686
-
2 784
-
pensions
7 086
-
11 691
-
unemployment
-
-
-
-
health
191
-
313
-
total
8 963
-
14 788
-
Corporate
61 272
155 500
-
-
regional
12 959
32 888
-
-
national
5 209
13 218
-
-
total
18 168
46 106
-
-
Dividends
43 104
109 394
-
-
withholding
15 087
38 288
-
-
total
15 087
38 288
-
-
Income
155 500
155 500
155 500
155 500
Total tax
53 561
84 394
36 463
29 035
After tax
101 939
71 106
119 037
126 465
Living cost
72 068
72 068
72 068
72 068
Free-cash
29 871
-962
46 969
54 397

Estimated living cost  is ₽72068 per week

₽46865
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽6467
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽885
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽17851
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽49871
₽35095
₽57409
₽38007
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
155 500
trade
-
-
-
19 402
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.

-
-
-
47 512
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.

-
-
-
6 225
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.

-
-
-
2 613
total
-
-
-
75 752
Employee

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

54 759
-
155 500
-
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.

354
-
2 613
-
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.

6 225
-
6 225
-
income

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

6 439
-
47 512
-
total
13 018
-
56 350
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
100 741
155 500
-
-
trade
17 277
26 668
-
-
income
15 111
23 326
-
-
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.

832
1 283
-
-
chamber of commerce
280
358
-
-
total
33 500
51 635
-
-
Dividends
67 241
103 866
-
-
withholding
16 464
25 620
-
-
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.

906
1 409
-
-
total
17 370
27 029
-
-
Income
155 500
155 500
155 500
155 500
Total tax
63 888
78 664
56 350
75 752
After tax
91 612
76 836
99 150
79 748
Living cost
41 741
41 741
41 741
41 741
Free-cash
49 871
35 095
57 409
38 007

Estimated living cost  is ₽41741 per week

₽30486
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3339
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽543
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7375
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽52579
₽47198
₽54825
₽56535
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
155 500
other
-
-
-
4 821
social contributions
-
-
-
4 432
income
-
-
-
23 916
pensions
-
-
-
28 204
health
-
-
-
6 418
surtax
-
-
-
-
total
-
-
-
67 791
Employee
38 996
-
120 773
-
surtax
-
-
-
-
pensions
4 409
-
8 222
-
social contributions
1 112
-
3 441
-
income
2 301
-
23 111
-
total
7 822
-
34 774
-
Employer
38 996
-
120 773
-
other
1 345
-
4 636
-
pensions
6 406
-
13 871
-
unemployment
1 579
-
4 892
-
social contributions
118
-
363
-
health
2 730
-
10 965
-
total
12 178
-
34 727
-
Corporate
104 326
155 500
-
-
income
29 211
43 540
-
-
surtax
-
-
-
-
total
29 211
43 540
-
-
Dividends
75 114
111 960
-
-
withholding
9 616
14 331
-
-
social contributions
12 920
19 257
-
-
surtax
-
-
-
-
total
22 536
33 588
-
-
Income
155 500
155 500
155 500
155 500
Total tax
71 747
77 128
69 501
67 791
After tax
83 753
78 372
85 999
87 709
Living cost
31 174
31 174
31 174
31 174
Free-cash
52 579
47 198
54 825
56 535

Estimated living cost  is ₽31174 per week

₽19656
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2535
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽531
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8454
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽55348
₽50287
₽57914
₽59624
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
155 500
other
-
-
-
4 821
social contributions
-
-
-
4 432
income
-
-
-
23 916
pensions
-
-
-
28 204
health
-
-
-
6 418
surtax
-
-
-
-
total
-
-
-
67 791
Employee
34 810
-
120 773
-
surtax
-
-
-
-
pensions
3 937
-
8 222
-
social contributions
993
-
3 441
-
income
1 795
-
23 111
-
total
6 725
-
34 774
-
Employer
34 810
-
120 773
-
other
1 202
-
4 636
-
pensions
5 720
-
13 871
-
unemployment
1 409
-
4 892
-
social contributions
104
-
363
-
health
2 436
-
10 965
-
total
10 871
-
34 727
-
Corporate
109 820
155 500
-
-
income
30 750
43 540
-
-
surtax
-
-
-
-
total
30 750
43 540
-
-
Dividends
79 069
111 960
-
-
withholding
10 120
14 331
-
-
social contributions
13 601
19 257
-
-
surtax
-
-
-
-
total
23 721
33 588
-
-
Income
155 500
155 500
155 500
155 500
Total tax
72 067
77 128
69 501
67 791
After tax
83 433
78 372
85 999
87 709
Living cost
28 085
28 085
28 085
28 085
Free-cash
55 348
50 287
57 914
59 624

Estimated living cost  is ₽28085 per week

₽16288
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2853
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽533
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8412
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽76020
₽75548
₽77481
₽80539
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
155 500
social contributions
-
-
-
21 460
income
-
-
-
23 326
health
-
-
-
10 854
total
-
-
-
55 640
Employee
30 894
-
155 500
-
health
2 156
-
10 854
-
social contributions
4 264
-
21 460
-
income
5 153
-
26 384
-
total
11 573
-
58 698
-
Employer
30 894
-
155 500
-
total
-
-
-
-
Corporate
124 606
155 500
-
-
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%.

6 230
7 776
-
-
total
6 230
7 776
-
-
Dividends
118 376
147 724
-
-
health
8 263
10 311
-
-
withholding
17 756
22 158
-
-
social contributions
16 337
20 386
-
-
total
42 356
52 855
-
-
Income
155 500
155 500
155 500
155 500
Total tax
60 159
60 631
58 698
55 640
After tax
95 341
94 869
96 802
99 860
Living cost
19 321
19 321
19 321
19 321
Free-cash
76 020
75 548
77 481
80 539

Estimated living cost  is ₽19321 per week

₽12930
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1191
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽444
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4753
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽52570
₽53980
₽9181
₽47690
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
155 500
chamber of commerce
-
-
-
622
unemployment
-
-
-
5 588
income
-
-
-
41 479
pensions
-
-
-
19 693
health
-
-
-
8 142
surtax
-
-
-
180
total
-
-
-
75 704
Employee
45 536
36 311
123 444
-
unemployment
1 366
1 089
3 194
-
other
455
363
1 065
-
health
1 762
1 406
4 119
-
pensions
4 663
3 718
10 900
-
income
5 184
2 678
32 882
-
total
13 430
9 254
52 160
-
Employer
45 536
36 311
123 444
-
payroll
1 366
1 089
3 704
-
other
2 163
1 724
5 718
-
accident
591
472
1 383
-
pensions
5 715
4 558
13 359
-
unemployment
1 366
1 089
3 194
-
chamber of commerce
182
145
495
-
surtax
180
180
180
-
health
1 720
1 373
4 024
-
total
13 283
10 630
32 057
-
Corporate
96 681
108 558
119 986
-
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.

24 171
27 140
29 996
-
total
24 171
27 140
29 996
-
Dividends
72 510
81 419
-
-
withholding
19 940
22 390
-
-
total
19 940
22 390
-
-
Income
155 500
155 500
155 500
155 500
Total tax
70 824
69 414
114 213
75 704
After tax
84 676
86 086
41 287
79 796
Living cost
32 106
32 106
32 106
32 106
Free-cash
52 570
53 980
9 181
47 690

Estimated living cost  is ₽32106 per week

₽21413
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2739
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽527
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7426
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽40091
₽53754
₽21804
₽34159
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
155 500
social contributions
-
-
-
22 717
national
-
-
-
57 434
communal

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

-
-
-
7 968
total
-
-
-
88 119
Employee

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

65 176
-
120 441
-
national
20 038
-
43 392
-
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.

567
-
1 048
-
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.

3 062
-
5 661
-
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.

4 888
-
9 033
-
communal

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

3 399
-
6 282
-
total
31 954
-
65 416
-
Employer

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

65 176
-
120 441
-
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.

847
-
1 567
-
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.

5 775
-
10 670
-
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.

951
-
1 758
-
surtax
7 390
-
13 656
-
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.

4 008
-
7 407
-
total
18 971
-
35 058
-
Corporate
71 353
155 500
-
-
income
14 270
31 100
-
-
surtax
285
622
-
-
total
14 555
31 722
-
-
Dividends
56 797
123 778
-
-
withholding

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

16 707
36 802
-
-
total
16 707
36 802
-
-
Income
155 500
155 500
155 500
155 500
Total tax
82 187
68 524
100 474
88 119
After tax
73 313
86 976
55 026
67 381
Living cost
33 222
33 222
33 222
33 222
Free-cash
40 091
53 754
21 804
34 159

Estimated living cost  is ₽33222 per week

₽21399
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2905
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽520
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8398
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽64461
₽70804
₽50594
₽54416
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
155 500
other
-
-
-
85
unemployment
-
-
-
591
income
-
-
-
42 841
pensions
-
-
-
23 900
accident
-
-
-
761
total
-
-
-
68 178
Employee
45 355
-
128 576
-
unemployment
704
-
1 309
-
other
45
-
85
-
pensions
2 132
-
3 970
-
income
9 570
-
39 713
-
total
12 451
-
45 077
-
Employer
45 355
-
128 576
-
other
361
-
676
-
accident
897
-
1 672
-
pensions
10 703
-
19 931
-
unemployment
2 495
-
4 644
-
total
14 456
-
26 923
-
Corporate
95 688
155 500
-
-
income

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

14 353
23 326
-
-
total
14 353
23 326
-
-
Dividends
81 335
132 174
-
-
withholding
16 873
28 464
-
-
total
16 873
28 464
-
-
Income
155 500
155 500
155 500
155 500
Total tax
58 133
51 790
72 000
68 178
After tax
97 367
103 710
83 500
87 322
Living cost
32 906
32 906
32 906
32 906
Free-cash
64 461
70 804
50 594
54 416

Estimated living cost  is ₽32906 per week

₽24232
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2334
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽474
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5865
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽30354
₽41764
₽34122
₽27925
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
155 500
income
-
-
-
24 980
pensions
-
-
-
23 308
accident
-
-
-
1 311
communal
-
-
-
9 828
health
-
-
-
10 924
surtax
-
-
-
7 708
total
-
-
-
78 059
Employee
69 001
-
138 901
-
surtax
4 229
-
8 512
-
health
3 071
-
6 182
-
pensions
5 519
-
11 113
-
income
6 665
-
29 456
-
total
19 484
-
55 263
-
Employer
69 001
-
138 901
-
accident
621
-
1 250
-
pensions
5 519
-
11 113
-
health
2 104
-
4 236
-
total
8 244
-
16 599
-
Corporate
78 254
155 500
-
-
income
11 739
23 326
-
-
communal
5 282
10 496
-
-
surtax
821
1 632
-
-
total
17 842
35 454
-
-
Dividends
60 412
120 047
-
-
withholding
9 062
18 007
-
-
income
20 998
10 759
-
-
total
30 060
28 766
-
-
Income
155 500
155 500
155 500
155 500
Total tax
75 630
64 220
71 862
78 059
After tax
79 870
91 280
83 638
77 441
Living cost
49 516
49 516
49 516
49 516
Free-cash
30 354
41 764
34 122
27 925

Estimated living cost  is ₽49516 per week

₽37144
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3000
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.
₽8846
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽74446
₽77344
₽47583
₽53185
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
155 500
other
-
-
-
-
unemployment
-
-
-
207
income
-
-
-
42 257
pensions
-
-
-
24 321
health
-
-
-
8 633
surtax
-
-
-
6 431
total
-
-
-
81 849
Employee
30 685
-
129 902
-
surtax
109
-
5 372
-
unemployment
2 135
-
8 464
-
other
-
-
-
-
health
783
-
3 100
-
pensions
2 047
-
8 111
-
income
5 144
-
36 807
-
total
10 218
-
61 854
-
Employer
30 685
-
129 902
-
other
-
-
-
-
pensions
4 091
-
16 210
-
unemployment
973
-
3 854
-
health
1 395
-
5 533
-
total
6 459
-
25 597
-
Corporate
118 355
155 500
-
-
income
30 773
40 430
-
-
total
30 773
40 430
-
-
Dividends
87 583
115 070
-
-
withholding
13 138
17 260
-
-
total
13 138
17 260
-
-
Income
155 500
155 500
155 500
155 500
Total tax
60 588
57 690
87 451
81 849
After tax
94 912
97 810
68 049
73 651
Living cost
20 466
20 466
20 466
20 466
Free-cash
74 446
77 344
47 583
53 185

Estimated living cost  is ₽20466 per week

₽12356
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1779
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.
₽5856
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽55167
₽57188
₽42561
₽49550
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
155 500
regional
-
-
-
2 346
social contributions
-
-
-
39 994
municipal
-
-
-
923
national
-
-
-
38 142
total
-
-
-
81 405
Employee
50 543
-
155 500
-
national
8 007
-
33 041
-
regional
680
-
2 093
-
municipal
268
-
825
-
social contributions
17 044
-
52 435
-
total
25 999
-
88 394
-
Employer
50 543
-
155 500
-
total
-
-
-
-
Corporate
104 957
155 500
-
-
nationa
25 189
37 321
-
-
municipal
5 217
7 729
-
-
total
30 406
45 050
-
-
Dividends
74 551
110 450
-
-
withholding
19 383
28 717
-
-
total
19 383
28 717
-
-
Income
155 500
155 500
155 500
155 500
Total tax
75 788
73 767
88 394
81 405
After tax
79 712
81 733
67 106
74 095
Living cost
24 545
24 545
24 545
24 545
Free-cash
55 167
57 188
42 561
49 550

Estimated living cost  is ₽24545 per week

₽15264
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2486
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽420
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6373
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽69025
₽79027
₽51754
₽58470
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
155 500
social contributions
-
-
-
32 738
income
-
-
-
15 265
health
-
-
-
20 992
solidarity contribution
-
-
-
-
total
-
-
-
68 995
Employee
41 228
-
116 946
-
solidarity contribution
-
-
-
-
health
5 566
-
15 788
-
social contributions
2 680
-
7 288
-
income
4 947
-
14 081
-
total
13 193
-
37 157
-
Employer
41 228
-
116 946
-
social contributions
10 307
-
28 029
-
health
3 711
-
10 525
-
total
14 018
-
38 554
-
Corporate
100 254
155 500
-
-
income
19 048
29 545
-
-
total
19 048
29 545
-
-
Dividends
81 206
125 955
-
-
withholding
12 181
18 893
-
-
total
12 181
18 893
-
-
Income
155 500
155 500
155 500
155 500
Total tax
58 440
48 438
75 711
68 995
After tax
97 060
107 062
79 789
86 505
Living cost
28 035
28 035
28 035
28 035
Free-cash
69 025
79 027
51 754
58 470

Estimated living cost  is ₽28035 per week

₽20849
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1553
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽485
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5148
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽56662
₽57116
₽12264
₽50907
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
155 500
chamber of commerce
-
-
-
622
unemployment
-
-
-
5 588
income
-
-
-
41 479
pensions
-
-
-
19 693
health
-
-
-
8 142
surtax
-
-
-
-
total
-
-
-
75 524
Employee
39 829
36 311
123 612
-
unemployment
1 195
1 089
3 194
-
other
398
363
1 065
-
health
1 541
1 406
4 119
-
pensions
4 079
3 718
10 900
-
income
3 548
2 678
32 962
-
total
10 761
9 254
52 240
-
Employer
39 829
36 311
123 612
-
payroll
1 195
1 089
3 709
-
other
1 892
1 724
5 725
-
accident
517
472
1 383
-
pensions
4 999
4 558
13 359
-
unemployment
1 195
1 089
3 194
-
chamber of commerce
159
145
495
-
surtax
-
-
-
-
health
1 506
1 373
4 024
-
total
11 463
10 450
31 889
-
Corporate
104 208
108 738
120 154
-
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.

26 052
27 185
30 038
-
total
26 052
27 185
30 038
-
Dividends
78 156
81 553
-
-
withholding
21 493
22 426
-
-
total
21 493
22 426
-
-
Income
155 500
155 500
155 500
155 500
Total tax
69 769
69 315
114 167
75 524
After tax
85 731
86 185
41 333
79 976
Living cost
29 069
29 069
29 069
29 069
Free-cash
56 662
57 116
12 264
50 907

Estimated living cost  is ₽29069 per week

₽17438
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2969
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽519
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8144
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽133907
₽136089
₽112764
₽142309
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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%.

-
-
-
155 500
microenterprise

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

-
-
-
1 555
total
-
-
-
1 555
Employee
14 545
-
155 500
-
income
2 909
-
31 100
-
total
2 909
-
31 100
-
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%.

140 955
155 500
-
-
total
-
-
-
-
Dividends
140 955
155 500
-
-
withholding
7 048
7 775
-
-
total
7 048
7 775
-
-
Income
155 500
155 500
155 500
155 500
Total tax
9 957
7 775
31 100
1 555
After tax
145 543
147 725
124 400
153 945
Living cost
11 636
11 636
11 636
11 636
Free-cash
133 907
136 089
112 764
142 309

Estimated living cost  is ₽11636 per week

₽7874
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽488
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽390
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2883
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽75003
₽82622
₽47642
₽51762
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
155 500
unemployment
-
-
-
233
income
-
-
-
35 366
pensions
-
-
-
28 399
health
-
-
-
15 301
total
-
-
-
79 299
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.

40 292
-
134 549
-
unemployment
57
-
188
-
health
2 602
-
8 692
-
pensions
6 245
-
20 855
-
income
6 948
-
32 733
-
total
15 852
-
62 468
-
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.

40 292
-
134 549
-
pensions
3 565
-
11 908
-
unemployment
24
-
81
-
health
2 684
-
8 962
-
total
6 273
-
20 951
-
Corporate
108 935
155 500
-
-
income
20 697
29 545
-
-
total
20 697
29 545
-
-
Dividends
88 238
125 955
-
-
withholding
13 236
18 894
-
-
total
13 236
18 894
-
-
Income
155 500
155 500
155 500
155 500
Total tax
56 058
48 439
83 419
79 299
After tax
99 442
107 061
72 081
76 201
Living cost
24 439
24 439
24 439
24 439
Free-cash
75 003
82 622
47 642
51 762

Estimated living cost  is ₽24439 per week

₽16772
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1567
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽474
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5628
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽11959
₽55295
₽104203
₽68152
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
155 500
social contributions
-
-
-
17 727
income
-
-
-
30 310
total
-
-
-
48 037
Employee
56 366
-
-
-
social contributions
4 622
-
659
-
income
12 433
-
-
-
total
17 055
-
659
-
Employer
56 366
-
-
-
social contributions
79 477
-
11 327
-
total
79 477
-
11 327
-
Corporate
19 657
155 500
-
-
income
4 325
34 210
-
-
total
4 325
34 210
-
-
Dividends
15 332
121 290
-
-
income
3 373
26 684
-
-
total
3 373
26 684
-
-
Income
155 500
155 500
155 500
155 500
Total tax
104 230
60 894
11 986
48 037
After tax
51 270
94 606
143 514
107 463
Living cost
39 311
39 311
39 311
39 311
Free-cash
11 959
55 295
104 203
68 152

Estimated living cost  is ₽39311 per week

₽25507
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3697
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽501
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9606
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Oslo model

Close
Lisbon , Portugal
₽58950
₽59867
₽43230
₽54928
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
155 500
social contributions

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

-
-
-
54 036
income
-
-
-
17 956
surtax
-
-
-
-
total
-
-
-
71 992
Employee
41 906
-
125 656
-
surtax
-
-
-
-
social contributions
4 610
-
13 822
-
income
8 717
-
40 026
-
total
13 327
-
53 848
-
Employer
41 906
-
125 656
-
social contributions
9 953
-
29 842
-
total
9 953
-
29 842
-
Corporate
103 641
155 500
-
-
income
21 764
32 656
-
-
surtax
-
-
-
-
total
21 764
32 656
-
-
Dividends
81 877
122 844
-
-
withholding
22 926
34 397
-
-
total
22 926
34 397
-
-
Income
155 500
155 500
155 500
155 500
Total tax
67 970
67 053
83 690
71 992
After tax
87 530
88 447
71 810
83 508
Living cost
28 580
28 580
28 580
28 580
Free-cash
58 950
59 867
43 230
54 928

Estimated living cost  is ₽28580 per week

₽21384
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1686
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽477
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5033
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽40630
₽34364
₽41991
₽43701
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
155 500
other
-
-
-
4 821
social contributions
-
-
-
4 432
income
-
-
-
23 916
pensions
-
-
-
28 204
health
-
-
-
6 418
surtax
-
-
-
-
total
-
-
-
67 791
Employee
57 068
-
120 773
-
surtax
-
-
-
-
pensions
6 455
-
8 222
-
social contributions
1 625
-
3 441
-
income
4 979
-
23 111
-
total
13 059
-
34 774
-
Employer
57 068
-
120 773
-
other
1 969
-
4 636
-
pensions
9 377
-
13 871
-
unemployment
2 312
-
4 892
-
social contributions
171
-
363
-
health
3 994
-
10 965
-
total
17 823
-
34 727
-
Corporate
80 609
155 500
-
-
income
22 570
43 540
-
-
surtax
-
-
-
-
total
22 570
43 540
-
-
Dividends
58 039
111 960
-
-
withholding
7 428
14 331
-
-
social contributions
9 982
19 257
-
-
surtax
-
-
-
-
total
17 410
33 588
-
-
Income
155 500
155 500
155 500
155 500
Total tax
70 862
77 128
69 501
67 791
After tax
84 638
78 372
85 999
87 709
Living cost
44 008
44 008
44 008
44 008
Free-cash
40 630
34 364
41 991
43 701

Estimated living cost  is ₽44008 per week

₽29784
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3600
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽603
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10020
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Paris model

Close
Andorra , Andorra
₽109500
₽112561
₽91438
₽87304
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
155 500
income
-
-
-
6 597
social contributions
-
-
-
34 210
total
-
-
-
40 807
Employee
29 293
-
134 633
-
social contributions
1 904
-
8 751
-
income
-
-
7 055
-
total
1 904
-
15 806
-
Employer
29 293
-
134 633
-
social contributions
4 541
-
20 867
-
total
4 541
-
20 867
-
Corporate
121 667
155 500
-
-
income
12 166
15 550
-
-
total
12 166
15 550
-
-
Dividends
109 501
139 950
-
-
total
-
-
-
-
Income
155 500
155 500
155 500
155 500
Total tax
18 611
15 550
36 673
40 807
After tax
136 889
139 950
118 827
114 693
Living cost
27 389
27 389
27 389
27 389
Free-cash
109 500
112 561
91 438
87 304

Estimated living cost  is ₽27389 per week

₽17709
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2065
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.
₽7100
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽42803
-₽42803
-₽42803
₽48156
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
155 500
pensions
-
-
-
789
municipal
-
-
-
32 248
labour market
-
-
-
12 377
national
-
-
-
18 097
total
-
-
-
63 511
Employee
185 009
185 009
185 009
-
national
22 602
22 602
22 602
-
municipal
39 397
39 397
39 397
-
labour market
14 780
14 780
14 780
-
pensions
263
263
263
-
total
77 042
77 042
77 042
-
Employer
185 009
185 009
185 009
-
municipal
39 459
39 459
39 459
-
pensions
526
526
526
-
national
22 642
22 642
22 642
-
labour market
14 801
14 801
14 801
-
total
77 428
77 428
77 428
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
155 500
155 500
155 500
155 500
Total tax
154 470
154 470
154 470
63 511
After tax
1 030
1 030
1 030
91 989
Living cost
43 833
43 833
43 833
43 833
Free-cash
-42 803
-42 803
-42 803
48 156

Estimated living cost  is ₽43833 per week

₽30000
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3878
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽674
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9281
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽9511
-₽7501
₽64095
₽86232
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
155 500
other
-
-
-
344
income
-
-
-
42 714
pensions
-
-
-
3 858
accident
-
-
-
234
health
-
-
-
2 022
total
-
-
-
49 172
Employee
31 612
-
139 537
-
health
3 620
-
15 977
-
pensions
3 560
-
7 073
-
income
4 337
-
32 296
-
total
11 517
-
55 346
-
Employer
31 612
-
139 537
-
accident
528
-
2 330
-
pensions
5 140
-
10 214
-
unemployment
775
-
3 419
-
total
6 443
-
15 963
-
Corporate
117 446
155 500
-
-
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.

105 701
139 950
-
-
total
105 701
139 950
-
-
Dividends
11 745
15 550
-
-
withholding
2 232
2 955
-
-
total
2 232
2 955
-
-
Income
155 500
155 500
155 500
155 500
Total tax
125 893
142 905
71 309
49 172
After tax
29 607
12 595
84 191
106 328
Living cost
20 096
20 096
20 096
20 096
Free-cash
9 511
-7 501
64 095
86 232

Estimated living cost  is ₽20096 per week

₽14627
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1146
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽377
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3945
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽64941
₽62766
₽46908
₽66041
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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

-
-
-
155 500
municipal
-
-
-
27 628
national
-
-
-
24 835
health
-
-
-
2 014
total
-
-
-
54 477
Employee
47 938
-
130 814
-
national
792
-
15 188
-
unemployment
719
-
1 963
-
health
358
-
1 634
-
municipal
7 852
-
21 309
-
pensions
3 235
-
8 830
-
total
12 956
-
48 924
-
Employer
47 938
-
130 814
-
accident
48
-
131
-
pensions
8 317
-
22 696
-
unemployment
311
-
851
-
health
368
-
1 008
-
total
9 044
-
24 686
-
Corporate
98 517
155 500
-
-
income
19 703
31 100
-
-
total
19 703
31 100
-
-
Dividends

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

59 111
93 300
-
-
municipal
10 639
16 795
-
-
national
3 235
9 857
-
-
total
13 874
26 652
-
-
Income
155 500
155 500
155 500
155 500
Total tax
55 577
57 752
73 610
54 477
After tax
99 923
97 748
81 890
101 023
Living cost
34 982
34 982
34 982
34 982
Free-cash
64 941
62 766
46 908
66 041

Estimated living cost  is ₽34982 per week

₽22850
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3365
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽557
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8211
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽87400
₽92359
₽84058
₽85440
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
155 500
social contributions
-
-
-
14 742
income
-
-
-
30 257
health
-
-
-
3 965
total
-
-
-
48 964
Employee
70 064
70 064
144 975
-
health
543
1 191
2 464
-
social contributions
2 649
5 815
7 843
-
income
7 629
6 486
29 514
-
total
10 821
13 492
39 821
-
Employer
70 064
70 064
144 975
-
social contributions
2 649
5 815
7 843
-
health
590
1 297
2 682
-
total
3 239
7 112
10 525
-
Corporate
120 345
78 324
-
-
income
15 043
9 790
-
-
total
15 043
9 790
-
-
Dividends
105 302
68 534
-
-
withholding
17 901
11 651
-
-
total
17 901
11 651
-
-
Income
155 500
155 500
155 500
155 500
Total tax
47 004
42 045
50 346
48 964
After tax
108 496
113 455
105 154
106 536
Living cost
21 096
21 096
21 096
21 096
Free-cash
87 400
92 359
84 058
85 440

Estimated living cost  is ₽21096 per week

₽12643
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2070
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽467
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5917
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽109666
₽114304
₽97858
₽116135
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
155 500
unemployment
-
-
-
26
income
-
-
-
15 780
pensions
-
-
-
5 796
health
-
-
-
3 297
total
-
-
-
24 899
Employee

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

20 914
-
146 595
-
unemployment
104
-
432
-
health
1 778
-
7 349
-
pensions
3 137
-
12 968
-
income
1 430
-
13 522
-
total
6 449
-
34 271
-
Employer

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

20 914
-
146 595
-
pensions
1 150
-
4 755
-
unemployment
104
-
432
-
health
899
-
3 718
-
total
2 153
-
8 905
-
Corporate
132 433
155 500
-
-
income
11 919
13 995
-
-
total
11 919
13 995
-
-
Dividends
120 514
141 505
-
-
withholding
10 847
12 735
-
-
total
10 847
12 735
-
-
Income
155 500
155 500
155 500
155 500
Total tax
31 368
26 730
43 176
24 899
After tax
124 132
128 770
112 324
130 601
Living cost
14 466
14 466
14 466
14 466
Free-cash
109 666
114 304
97 858
116 135

Estimated living cost  is ₽14466 per week

₽9230
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1043
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.
₽3763
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽74632
₽78654
₽58444
₽62266
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
155 500
other
-
-
-
85
unemployment
-
-
-
591
income
-
-
-
42 841
pensions
-
-
-
23 900
accident
-
-
-
761
total
-
-
-
68 178
Employee
33 691
-
128 576
-
unemployment
522
-
1 309
-
other
33
-
85
-
pensions
1 584
-
3 970
-
income
6 495
-
39 713
-
total
8 634
-
45 077
-
Employer
33 691
-
128 576
-
other
270
-
676
-
accident
667
-
1 672
-
pensions
7 950
-
19 931
-
unemployment
1 854
-
4 644
-
total
10 741
-
26 923
-
Corporate
111 068
155 500
-
-
income

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

16 660
23 326
-
-
total
16 660
23 326
-
-
Dividends
94 408
132 174
-
-
withholding
19 777
28 464
-
-
total
19 777
28 464
-
-
Income
155 500
155 500
155 500
155 500
Total tax
55 812
51 790
72 000
68 178
After tax
99 688
103 710
83 500
87 322
Living cost
25 056
25 056
25 056
25 056
Free-cash
74 632
78 654
58 444
62 266

Estimated living cost  is ₽25056 per week

₽16912
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2409
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽439
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5296
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽94996
₽95284
₽98176
₽98301
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
155 500
income
-
-
-
53 252
pensions
-
-
-
1 275
health
-
-
-
924
total
-
-
-
55 451
Employee
2 662
-
154 066
-
unemployment
27
-
64
-
health
133
-
319
-
pensions
240
-
574
-
income
515
-
53 185
-
total
915
-
54 142
-
Employer
2 662
-
154 066
-
pensions
293
-
701
-
unemployment
53
-
127
-
health
253
-
606
-
total
599
-
1 434
-
Corporate
152 239
155 500
-
-
income
33 493
34 210
-
-
total
33 493
34 210
-
-
Dividends
118 746
121 290
-
-
withholding
23 749
24 258
-
-
total
23 749
24 258
-
-
Income
155 500
155 500
155 500
155 500
Total tax
58 756
58 468
55 576
55 451
After tax
96 744
97 032
99 924
100 049
Living cost
1 748
1 748
1 748
1 748
Free-cash
94 996
95 284
98 176
98 301

Estimated living cost  is ₽1748 per week

₽1039
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽142
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽40
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽527
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽92148
₽96622
₽79293
₽79292
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
155 500
unemployment
-
-
-
1 008
income
-
-
-
35 076
pensions
-
-
-
17 474
health
-
-
-
6 923
total
-
-
-
60 481
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.

23 716
-
143 470
-
unemployment
178
-
504
-
health
1 221
-
3 461
-
pensions
3 320
-
9 409
-
income
3 269
-
35 076
-
total
7 988
-
48 450
-
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.

23 716
-
143 470
-
pensions
2 846
-
8 065
-
unemployment
178
-
504
-
health
1 221
-
3 461
-
total
4 245
-
12 030
-
Corporate
127 539
155 500
-
-
income
19 131
23 325
-
-
total
19 131
23 325
-
-
Dividends
108 408
132 175
-
-
withholding
16 261
19 826
-
-
total
16 261
19 826
-
-
Income
155 500
155 500
155 500
155 500
Total tax
47 625
43 151
60 480
60 481
After tax
107 875
112 349
95 020
95 019
Living cost
15 727
15 727
15 727
15 727
Free-cash
92 148
96 622
79 293
79 292

Estimated living cost  is ₽15727 per week

₽10589
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1217
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽455
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3466
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽63556
₽63883
₽47246
₽58944
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
155 500
social contributions

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

-
-
-
54 036
income
-
-
-
17 956
surtax
-
-
-
-
total
-
-
-
71 992
Employee
35 364
-
125 656
-
surtax
-
-
-
-
social contributions
3 890
-
13 822
-
income
6 910
-
40 026
-
total
10 800
-
53 848
-
Employer
35 364
-
125 656
-
social contributions
8 398
-
29 842
-
total
8 398
-
29 842
-
Corporate
111 738
155 500
-
-
income
23 466
32 656
-
-
surtax
-
-
-
-
total
23 466
32 656
-
-
Dividends
88 272
122 844
-
-
withholding
24 716
34 397
-
-
total
24 716
34 397
-
-
Income
155 500
155 500
155 500
155 500
Total tax
67 380
67 053
83 690
71 992
After tax
88 120
88 447
71 810
83 508
Living cost
24 564
24 564
24 564
24 564
Free-cash
63 556
63 883
47 246
58 944

Estimated living cost  is ₽24564 per week

₽17398
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1707
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽436
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5025
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Porto model

Close
Madrid , Spain
₽65654
₽71688
₽51478
₽55300
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
155 500
other
-
-
-
85
unemployment
-
-
-
591
income
-
-
-
42 841
pensions
-
-
-
23 900
accident
-
-
-
761
total
-
-
-
68 178
Employee
44 005
-
128 576
-
unemployment
681
-
1 309
-
other
43
-
85
-
pensions
2 068
-
3 970
-
income
9 191
-
39 713
-
total
11 983
-
45 077
-
Employer
44 005
-
128 576
-
other
353
-
676
-
accident
871
-
1 672
-
pensions
10 385
-
19 931
-
unemployment
2 421
-
4 644
-
total
14 030
-
26 923
-
Corporate
97 465
155 500
-
-
income

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

14 620
23 326
-
-
total
14 620
23 326
-
-
Dividends
82 846
132 174
-
-
withholding
17 191
28 464
-
-
total
17 191
28 464
-
-
Income
155 500
155 500
155 500
155 500
Total tax
57 824
51 790
72 000
68 178
After tax
97 676
103 710
83 500
87 322
Living cost
32 022
32 022
32 022
32 022
Free-cash
65 654
71 688
51 478
55 300

Estimated living cost  is ₽32022 per week

₽22997
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2490
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽451
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6085
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽111725
₽117279
₽114049
₽108004
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
155 500
unemployment
-
-
-
127
income
-
-
-
23 325
pensions

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

-
-
-
4 710
health
-
-
-
3 660
total
-
-
-
31 822
Employee
20 754
-
149 256
-
accident

We are using the highest rate at 1.1%.

228
-
350
-
health
955
-
1 464
-
pensions

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

1 822
-
2 794
-
income
2 076
-
14 925
-
total
5 081
-
19 533
-
Employer
20 754
-
149 256
-
accident

We are using the highest rate at 1.1%.

228
-
350
-
pensions

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

2 287
-
3 507
-
unemployment
125
-
191
-
health
1 432
-
2 196
-
total
4 072
-
6 244
-
Corporate
130 674
155 500
-
-
income
13 067
15 550
-
-
total
13 067
15 550
-
-
Dividends
117 607
139 950
-
-
withholding
5 881
6 997
-
-
total
5 881
6 997
-
-
Income
155 500
155 500
155 500
155 500
Total tax
28 101
22 547
25 777
31 822
After tax
127 399
132 953
129 723
123 678
Living cost
15 674
15 674
15 674
15 674
Free-cash
111 725
117 279
114 049
108 004

Estimated living cost  is ₽15674 per week

₽10366
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽897
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽374
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4037
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽56778
₽44859
₽63973
₽47739
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
155 500
trade
-
-
-
16 234
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.

-
-
-
47 512
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.

-
-
-
6 225
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.

-
-
-
2 613
total
-
-
-
72 584
Employee

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

45 336
-
155 500
-
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.

206
-
2 613
-
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.

6 225
-
6 225
-
income

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

3 728
-
47 512
-
total
10 159
-
56 350
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
110 164
155 500
-
-
trade
15 809
22 314
-
-
income
16 525
23 326
-
-
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.

910
1 283
-
-
chamber of commerce
299
367
-
-
total
33 543
47 290
-
-
Dividends
76 621
108 211
-
-
withholding
18 809
26 706
-
-
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.

1 034
1 468
-
-
total
19 843
28 174
-
-
Income
155 500
155 500
155 500
155 500
Total tax
63 545
75 464
56 350
72 584
After tax
91 955
80 036
99 150
82 916
Living cost
35 177
35 177
35 177
35 177
Free-cash
56 778
44 859
63 973
47 739

Estimated living cost  is ₽35177 per week

₽24266
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3785
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽510
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6616
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽58957
₽56946
₽30628
₽30628
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
155 500
social contributions
-
-
-
25 828
income
-
-
-
47 140
total
-
-
-
72 968
Employee
71 273
-
155 500
-
social contributions
5 921
-
25 828
-
income
13 449
-
47 140
-
total
19 370
-
72 968
-
Employer
71 273
-
155 500
-
total
-
-
-
-
Corporate
84 227
155 500
-
-
income
10 528
19 437
-
-
total
10 528
19 437
-
-
Dividends
73 699
136 063
-
-
withholding
14 741
27 213
-
-
total
14 741
27 213
-
-
Income
155 500
155 500
155 500
155 500
Total tax
44 639
46 650
72 968
72 968
After tax
110 861
108 850
82 532
82 532
Living cost
51 904
51 904
51 904
51 904
Free-cash
58 957
56 946
30 628
30 628

Estimated living cost  is ₽51904 per week

₽39487
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4229
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽496
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7691
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽66371
₽63186
₽77794
₽90914
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
155 500
health

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

-
-
-
5 575
income
-
-
-
25 936
total
-
-
-
31 511
Employee
41 799
-
151 309
-
social contributions
4 188
-
4 191
-
income
4 535
-
36 249
-
total
8 723
-
40 440
-
Employer
41 799
-
151 309
-
social contributions
4 188
-
4 191
-
total
4 188
-
4 191
-
Corporate
109 514
155 500
-
-
income
38 329
54 425
-
-
total
38 329
54 425
-
-
Dividends
71 185
101 075
-
-
social contributions
4 814
4 814
-
-
total
4 814
4 814
-
-
Income
155 500
155 500
155 500
155 500
Total tax
56 054
59 239
44 631
31 511
After tax
99 446
96 261
110 869
123 989
Living cost
33 075
33 075
33 075
33 075
Free-cash
66 371
63 186
77 794
90 914

Estimated living cost  is ₽33075 per week

₽21787
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2607
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽507
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8173
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽74038
₽68720
₽55874
₽69961
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
155 500
income
-
-
-
44 158
pensions
-
-
-
8 026
total
-
-
-
52 184
Employee
45 784
-
135 864
-
health
597
-
1 980
-
pensions
3 494
-
9 890
-
income
8 338
-
34 765
-
total
12 429
-
46 635
-
Employer
45 784
-
135 864
-
pensions
4 626
-
17 055
-
health
870
-
2 581
-
total
5 496
-
19 636
-
Corporate
104 220
155 500
-
-
income

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

19 802
29 546
-
-
total
19 802
29 546
-
-
Dividends
84 418
125 954
-
-
withholding
10 380
23 879
-
-
total
10 380
23 879
-
-
Income
155 500
155 500
155 500
155 500
Total tax
48 107
53 425
66 271
52 184
After tax
107 393
102 075
89 229
103 316
Living cost
33 355
33 355
33 355
33 355
Free-cash
74 038
68 720
55 874
69 961

Estimated living cost  is ₽33355 per week

₽22881
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3067
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽417
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6987
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽9208
-₽9490
₽62106
₽84243
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
155 500
other
-
-
-
344
income
-
-
-
42 714
pensions
-
-
-
3 858
accident
-
-
-
234
health
-
-
-
2 022
total
-
-
-
49 172
Employee
34 741
-
139 537
-
health
3 978
-
15 977
-
pensions
3 912
-
7 073
-
income
4 766
-
32 296
-
total
12 656
-
55 346
-
Employer
34 741
-
139 537
-
accident
580
-
2 330
-
pensions
5 649
-
10 214
-
unemployment
851
-
3 419
-
total
7 080
-
15 963
-
Corporate
113 679
155 500
-
-
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.

102 311
139 950
-
-
total
102 311
139 950
-
-
Dividends
11 368
15 550
-
-
withholding
2 160
2 955
-
-
total
2 160
2 955
-
-
Income
155 500
155 500
155 500
155 500
Total tax
124 207
142 905
71 309
49 172
After tax
31 293
12 595
84 191
106 328
Living cost
22 085
22 085
22 085
22 085
Free-cash
9 208
-9 490
62 106
84 243

Estimated living cost  is ₽22085 per week

₽16208
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1287
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽445
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4145
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

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

Source of data for Warsaw model

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Skopje , Macedonia
₽114317
₽118571
₽97656
₽77663
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
155 500
unemployment
-
-
-
1 745
income
-
-
-
25 568
pensions
-
-
-
26 755
health insurance
-
-
-
10 760
work injury
-
-
-
727
total
-
-
-
65 555
Employee

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

19 650
-
155 500
-
health insurance
1 454
-
5 380
-
unemployment
236
-
872
-
work injury
98
-
364
-
pensions
3 616
-
13 378
-
income
1 965
-
25 568
-
total
7 369
-
45 562
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
135 850
155 500
-
-
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%.

1 358
1 555
-
-
total
1 358
1 555
-
-
Dividends
134 491
153 945
-
-
withholding
20 174
23 092
-
-
total
20 174
23 092
-
-
Income
155 500
155 500
155 500
155 500
Total tax
28 901
24 647
45 562
65 555
After tax
126 599
130 853
109 938
89 945
Living cost
12 282
12 282
12 282
12 282
Free-cash
114 317
118 571
97 656
77 663

Estimated living cost  is ₽12282 per week

₽7609
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽892
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽383
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3397
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽41465
₽45608
₽29644
₽36471
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
155 500
regional
-
-
-
3 556
social contributions
-
-
-
39 994
municipal
-
-
-
1 039
national
-
-
-
38 142
total
-
-
-
82 731
Employee
76 780
-
155 500
-
national
12 975
-
33 041
-
regional
1 159
-
3 155
-
municipal
458
-
927
-
social contributions
25 890
-
52 435
-
total
40 482
-
89 558
-
Employer
76 780
-
155 500
-
total
-
-
-
-
Corporate
78 720
155 500
-
-
nationa
18 892
37 321
-
-
municipal
3 794
7 496
-
-
total
22 686
44 817
-
-
Dividends
56 034
110 684
-
-
withholding
14 569
28 777
-
-
total
14 569
28 777
-
-
Income
155 500
155 500
155 500
155 500
Total tax
77 737
73 594
89 558
82 731
After tax
77 763
81 906
65 942
72 769
Living cost
36 298
36 298
36 298
36 298
Free-cash
41 465
45 608
29 644
36 471

Estimated living cost  is ₽36298 per week

₽25497
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2497
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽548
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7755
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Rome model

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