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
₽51598
₽71969
₽61397
₽53965
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
18 004
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.

-
-
-
2 641
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.

-
-
-
48 005
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.

-
-
-
6 052
total
-
-
-
74 702
Employee

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

33 884
-
155 500
-
income

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

946
-
48 005
-
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.

52
-
2 641
-
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.

6 052
-
6 052
-
total
7 050
-
56 698
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
121 616
155 500
-
-
income
18 242
23 324
-
-
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.

1 004
1 283
-
-
trade
19 155
24 491
-
-
chamber of commerce
309
358
-
-
total
38 710
49 456
-
-
Dividends
82 906
106 044
-
-
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.

1 121
1 439
-
-
withholding
20 389
26 174
-
-
total
21 510
27 613
-
-
Income
155 500
155 500
155 500
155 500
Total tax
67 270
77 069
56 698
74 702
After tax
88 230
78 431
98 802
80 798
Living cost
26 833
26 833
26 833
26 833
Free-cash
61 397
51 598
71 969
53 965

Estimated living cost  is ₽26833 per week

₽16879
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3129
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.
₽6325
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽50309
₽46358
₽49533
₽45137
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
16 986
national
-
-
-
26 322
total
-
-
-
63 640
Employee
72 430
-
134 428
-
pensions
2 897
-
5 377
-
national
13 863
-
27 255
-
municipal
8 946
-
17 588
-
total
25 706
-
50 220
-
Employer
72 430
-
134 428
-
social contributions
779
-
1 445
-
pensions
5 794
-
10 754
-
total
6 573
-
12 199
-
Corporate
71 717
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%.

14 343
31 100
-
-
total
14 343
31 100
-
-
Dividends
57 373
124 400
-
-
withholding
12 622
27 368
-
-
total
12 622
27 368
-
-
Income
155 500
155 500
155 500
155 500
Total tax
59 244
58 468
62 419
63 640
After tax
96 256
97 032
93 081
91 860
Living cost
46 723
46 723
46 723
46 723
Free-cash
49 533
50 309
46 358
45 137

Estimated living cost  is ₽46723 per week

₽31757
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4343
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽699
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9923
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽105970
₽46874
₽98703
₽35183
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
surtax
-
-
-
39 652
microenterprise
-
-
-
-
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.

-
-
-
33 943
income
-
-
-
28 292
total
-
-
-
101 887
Employee
25 886
-
117 176
-
income
4 608
-
23 270
-
surtax
-
-
16 990
-
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.

2 848
-
11 613
-
total
7 456
-
51 873
-
Employer
25 886
-
117 176
-
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.

6 235
-
25 434
-
surtax
-
-
12 889
-
total
6 235
-
38 323
-
Corporate
123 378
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%.

24 676
31 100
-
-
total
24 676
31 100
-
-
Dividends

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

98 702
124 400
-
-
total
-
-
-
-
Income
155 500
155 500
155 500
155 500
Total tax
38 367
31 100
90 196
101 887
After tax
117 133
124 400
65 304
53 613
Living cost
18 430
18 430
18 430
18 430
Free-cash
98 703
105 970
46 874
35 183

Estimated living cost  is ₽18430 per week

₽11758
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1755
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽419
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4499
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽39867
₽59980
₽34441
₽48776
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
10 924
pensions
-
-
-
10 379
income
-
-
-
48 309
total
-
-
-
69 612
Employee
75 652
75 652
139 036
-
pensions
13 617
10 379
10 379
-
income

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

12 383
12 383
20 641
-
health
11 612
9 877
10 924
-
total
37 612
32 639
41 944
-
Employer
75 652
75 652
139 036
-
unemployment
2 723
2 723
3 384
-
health
5 259
5 259
6 535
-
pensions
5 265
5 265
6 545
-
total
13 247
13 247
16 464
-
Corporate
67 528
66 600
-
-
income
13 506
13 320
-
-
total
13 506
13 320
-
-
Dividends
54 022
53 281
-
-
income
11 479
11 323
-
-
withholding
8 103
7 992
-
-
total
19 582
19 315
-
-
Income
155 500
155 500
155 500
155 500
Total tax
83 947
78 521
58 408
69 612
After tax
71 553
76 979
97 092
85 888
Living cost
37 112
37 112
37 112
37 112
Free-cash
34 441
39 867
59 980
48 776

Estimated living cost  is ₽37112 per week

₽26300
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3346
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.
₽6876
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽48230
₽42680
₽47405
₽43569
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
5 015
accident
-
-
-
161
unemployment
-
-
-
80
pensions
-
-
-
8 689
municipal
-
-
-
39 427
other
-
-
-
9 340
national
-
-
-
12 546
total
-
-
-
75 258
Employee
52 256
-
130 246
-
national
-
-
12 053
-
municipal
15 583
-
38 839
-
total
15 583
-
50 892
-
Employer
52 256
-
130 246
-
other
6 072
-
9 340
-
unemployment
1 380
-
2 122
-
health
3 214
-
4 943
-
accident
105
-
161
-
pensions
5 649
-
8 689
-
total
16 420
-
25 255
-
Corporate
86 825
155 500
-
-
income
19 102
34 210
-
-
total
19 102
34 210
-
-
Dividends
67 724
121 290
-
-
withholding
20 317
36 387
-
-
total
20 317
36 387
-
-
Income
155 500
155 500
155 500
155 500
Total tax
71 422
70 597
76 147
75 258
After tax
84 078
84 903
79 353
80 242
Living cost
36 673
36 673
36 673
36 673
Free-cash
47 405
48 230
42 680
43 569

Estimated living cost  is ₽36673 per week

₽24306
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3599
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.
₽8212
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽42829
₽64000
₽55274
₽45196
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
18 804
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.

-
-
-
2 641
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.

-
-
-
48 005
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.

-
-
-
6 052
total
-
-
-
75 502
Employee

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

44 926
-
155 500
-
income

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

3 860
-
48 005
-
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.

212
-
2 641
-
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.

6 052
-
6 052
-
total
10 124
-
56 698
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
110 574
155 500
-
-
income
16 586
23 324
-
-
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.

913
1 283
-
-
trade
18 190
25 580
-
-
chamber of commerce
293
356
-
-
total
35 982
50 543
-
-
Dividends
74 592
104 956
-
-
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.

1 007
1 424
-
-
withholding
18 311
25 902
-
-
total
19 318
27 326
-
-
Income
155 500
155 500
155 500
155 500
Total tax
65 424
77 869
56 698
75 502
After tax
90 076
77 631
98 802
79 998
Living cost
34 802
34 802
34 802
34 802
Free-cash
55 274
42 829
64 000
45 196

Estimated living cost  is ₽34802 per week

₽23276
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3670
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.
₽7337
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽84707
₽76208
₽81034
₽77576
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
14 334
income
-
-
-
30 890
health
-
-
-
3 966
total
-
-
-
49 190
Employee
68 121
68 121
145 188
-
income
7 153
6 306
30 152
-
social contributions
3 310
5 654
7 626
-
health
678
1 158
2 468
-
total
11 141
13 118
40 246
-
Employer
68 121
68 121
145 188
-
social contributions
3 310
5 654
7 626
-
health
738
1 261
2 686
-
total
4 048
6 915
10 312
-
Corporate
111 577
80 464
-
-
income
13 947
10 058
-
-
total
13 947
10 058
-
-
Dividends
97 630
70 406
-
-
withholding
16 596
11 968
-
-
total
16 596
11 968
-
-
Income
155 500
155 500
155 500
155 500
Total tax
45 732
42 059
50 558
49 190
After tax
109 768
113 441
104 942
106 310
Living cost
28 734
28 734
28 734
28 734
Free-cash
81 034
84 707
76 208
77 576

Estimated living cost  is ₽28734 per week

₽19643
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2244
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽482
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6365
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽69497
₽72251
₽69869
₽89829
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
10 885
unemployment
-
-
-
2 333
pensions
-
-
-
15 550
income
-
-
-
19 010
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.

25 828
10 279
130 126
-
pensions
2 583
1 028
13 013
-
income
3 158
1 257
15 908
-
unemployment
387
154
1 952
-
health
1 808
720
9 109
-
total
7 936
3 159
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.

25 828
10 279
130 126
-
pensions
5 037
2 004
25 374
-
total
5 037
2 004
25 374
-
Corporate
124 635
143 216
-
-
income
11 217
12 889
-
-
total
11 217
12 889
-
-
Dividends
113 418
130 327
-
-
social contributions
21 999
25 296
-
-
withholding
21 549
24 762
-
-
total
43 548
50 058
-
-
Income
155 500
155 500
155 500
155 500
Total tax
67 738
68 110
65 356
47 778
After tax
87 762
87 390
90 144
107 722
Living cost
17 893
17 893
17 893
17 893
Free-cash
69 869
69 497
72 251
89 829

Estimated living cost  is ₽17893 per week

₽12210
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1464
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽358
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3861
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽103002
₽68229
₽97498
₽61950
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
31 100
income
-
-
-
20 838
health
-
-
-
20 214
total
-
-
-
72 152
Employee
25 132
-
116 218
-
pensions
503
-
2 325
-
income
2 829
-
22 406
-
unemployment
402
-
1 859
-
total
3 734
-
26 590
-
Employer
25 132
-
116 218
-
unemployment
202
-
930
-
health
3 266
-
15 109
-
pensions
5 027
-
23 244
-
total
8 495
-
39 283
-
Corporate
121 874
155 500
-
-
income
24 375
31 100
-
-
total
24 375
31 100
-
-
Dividends
97 498
124 400
-
-
total
-
-
-
-
Income
155 500
155 500
155 500
155 500
Total tax
36 604
31 100
65 873
72 152
After tax
118 896
124 400
89 627
83 348
Living cost
21 398
21 398
21 398
21 398
Free-cash
97 498
103 002
68 229
61 950

Estimated living cost  is ₽21398 per week

₽14677
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1274
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽430
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5017
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽7223
₽64534
₽9556
₽86494
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
1 965
accident
-
-
-
227
pensions
-
-
-
3 748
other
-
-
-
334
income
-
-
-
42 914
total
-
-
-
49 188
Employee
31 175
-
139 815
-
pensions
3 510
-
6 873
-
income
4 277
-
32 581
-
health
3 570
-
16 009
-
total
11 357
-
55 463
-
Employer
31 175
-
139 815
-
unemployment
764
-
3 425
-
accident
520
-
2 335
-
pensions
5 069
-
9 925
-
total
6 353
-
15 685
-
Corporate
117 972
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.

106 175
139 950
-
-
total
106 175
139 950
-
-
Dividends
11 797
15 550
-
-
withholding
2 241
2 955
-
-
total
2 241
2 955
-
-
Income
155 500
155 500
155 500
155 500
Total tax
126 126
142 905
71 148
49 188
After tax
29 374
12 595
84 352
106 312
Living cost
19 818
19 818
19 818
19 818
Free-cash
9 556
-7 223
64 534
86 494

Estimated living cost  is ₽19818 per week

₽14525
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1098
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽414
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3782
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽140482
₽117157
₽139123
₽146702
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
9 054
-
155 500
-
income
1 811
-
31 100
-
total
1 811
-
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%.

146 446
155 500
-
-
total
-
-
-
-
Dividends
146 446
155 500
-
-
withholding
7 323
7 775
-
-
total
7 323
7 775
-
-
Income
155 500
155 500
155 500
155 500
Total tax
9 134
7 775
31 100
1 555
After tax
146 366
147 725
124 400
153 945
Living cost
7 243
7 243
7 243
7 243
Free-cash
139 123
140 482
117 157
146 702

Estimated living cost  is ₽7243 per week

₽4489
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽602
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽199
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽1953
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽90640
₽64539
₽84655
₽63274
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
5 928
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.

-
-
-
32 332
other
-
-
-
6 398
income
-
-
-
23 962
total
-
-
-
68 620
Employee
32 166
-
124 202
-
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.

2 251
-
8 693
-
income
5 538
-
24 384
-
unemployment
321
-
1 242
-
health
451
-
1 738
-
total
8 561
-
36 057
-
Employer
32 166
-
124 202
-
other
1 609
-
6 210
-
unemployment
321
-
1 242
-
health
451
-
1 738
-
accident
257
-
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.

5 469
-
21 114
-
total
8 107
-
31 298
-
Corporate
115 227
155 500
-
-
income
24 199
32 655
-
-
total
24 199
32 655
-
-
Dividends
91 029
122 845
-
-
withholding
6 372
8 599
-
-
total
6 372
8 599
-
-
Income
155 500
155 500
155 500
155 500
Total tax
47 239
41 254
67 355
68 620
After tax
108 261
114 246
88 145
86 880
Living cost
23 606
23 606
23 606
23 606
Free-cash
84 655
90 640
64 539
63 274

Estimated living cost  is ₽23606 per week

₽16679
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1594
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽380
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4953
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽42745
₽29996
₽45336
₽44072
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
7 943
income
-
-
-
44 441
total
-
-
-
52 384
Employee
83 539
-
135 839
-
pensions
8 059
-
9 771
-
income
15 059
-
35 058
-
health
1 377
-
1 970
-
total
24 495
-
46 799
-
Employer
83 539
-
135 839
-
health
1 587
-
2 580
-
pensions
9 864
-
17 081
-
total
11 451
-
19 661
-
Corporate
60 511
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.

11 497
29 546
-
-
total
11 497
29 546
-
-
Dividends
49 015
125 954
-
-
withholding
3 677
24 165
-
-
total
3 677
24 165
-
-
Income
155 500
155 500
155 500
155 500
Total tax
51 120
53 711
66 460
52 384
After tax
104 380
101 789
89 040
103 116
Living cost
59 044
59 044
59 044
59 044
Free-cash
45 336
42 745
29 996
44 072

Estimated living cost  is ₽59044 per week

₽44243
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽6937
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽480
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7385
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽121394
₽118493
₽117297
₽112394
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
3 541
unemployment
-
-
-
123
pensions

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

-
-
-
4 558
income
-
-
-
23 325
total
-
-
-
31 547
Employee
15 306
-
149 458
-
pensions

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

1 344
-
2 704
-
income
1 530
-
14 946
-
accident

We are using the highest rate at 1.1%.

169
-
339
-
health
704
-
1 417
-
total
3 747
-
19 406
-
Employer
15 306
-
149 458
-
unemployment
92
-
185
-
health
1 056
-
2 125
-
accident

We are using the highest rate at 1.1%.

169
-
339
-
pensions

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

1 687
-
3 393
-
total
3 004
-
6 042
-
Corporate
137 191
155 500
-
-
income
13 719
15 550
-
-
total
13 719
15 550
-
-
Dividends
123 472
139 950
-
-
withholding
6 174
6 997
-
-
total
6 174
6 997
-
-
Income
155 500
155 500
155 500
155 500
Total tax
26 644
22 547
25 448
31 547
After tax
128 856
132 953
130 052
123 953
Living cost
11 559
11 559
11 559
11 559
Free-cash
117 297
121 394
118 493
112 394

Estimated living cost  is ₽11559 per week

₽6748
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽825
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽306
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3679
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽27855
₽47968
₽30083
₽36764
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
10 924
pensions
-
-
-
10 379
income
-
-
-
48 309
total
-
-
-
69 612
Employee
82 134
75 652
139 036
-
pensions
10 379
10 379
10 379
-
income

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

12 383
12 383
20 641
-
health
10 247
9 877
10 924
-
total
33 009
32 639
41 944
-
Employer
82 134
75 652
139 036
-
unemployment
2 957
2 723
3 384
-
health
5 708
5 259
6 535
-
pensions
5 716
5 265
6 545
-
total
14 381
13 247
16 464
-
Corporate
58 985
66 600
-
-
income
11 797
13 320
-
-
total
11 797
13 320
-
-
Dividends
47 189
53 281
-
-
income
10 028
11 323
-
-
withholding
7 078
7 992
-
-
total
17 106
19 315
-
-
Income
155 500
155 500
155 500
155 500
Total tax
76 293
78 521
58 408
69 612
After tax
79 207
76 979
97 092
85 888
Living cost
49 124
49 124
49 124
49 124
Free-cash
30 083
27 855
47 968
36 764

Estimated living cost  is ₽49124 per week

₽36237
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4388
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽563
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7937
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽85035
₽58561
₽77177
₽65363
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
solidarity contribution
-
-
-
-
social contributions
-
-
-
31 696
income
-
-
-
15 422
health
-
-
-
20 992
total
-
-
-
68 110
Employee
32 393
-
117 764
-
income
3 887
-
14 222
-
solidarity contribution
-
-
-
-
social contributions
2 106
-
7 056
-
health
4 373
-
15 898
-
total
10 366
-
37 176
-
Employer
32 393
-
117 764
-
social contributions
8 098
-
27 137
-
health
2 915
-
10 599
-
total
11 013
-
37 736
-
Corporate
112 094
155 500
-
-
income
21 298
29 545
-
-
total
21 298
29 545
-
-
Dividends
90 796
125 955
-
-
withholding
13 619
18 893
-
-
total
13 619
18 893
-
-
Income
155 500
155 500
155 500
155 500
Total tax
56 296
48 438
74 912
68 110
After tax
99 204
107 062
80 588
87 390
Living cost
22 027
22 027
22 027
22 027
Free-cash
77 177
85 035
58 561
65 363

Estimated living cost  is ₽22027 per week

₽15300
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.
₽433
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4727
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽45584
₽29945
₽40957
₽36967
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
1 835
social contributions
-
-
-
39 995
municipal
-
-
-
925
national
-
-
-
38 396
total
-
-
-
81 151
Employee
78 733
-
155 500
-
regional
743
-
1 619
-
national
13 643
-
33 295
-
municipal
417
-
824
-
social contributions
26 549
-
52 435
-
total
41 352
-
88 173
-
Employer
78 733
-
155 500
-
total
-
-
-
-
Corporate
76 767
155 500
-
-
nationa
18 424
37 320
-
-
municipal
2 994
6 064
-
-
total
21 418
43 384
-
-
Dividends
55 349
112 116
-
-
withholding
14 391
29 150
-
-
total
14 391
29 150
-
-
Income
155 500
155 500
155 500
155 500
Total tax
77 161
72 534
88 173
81 151
After tax
78 339
82 966
67 327
74 349
Living cost
37 382
37 382
37 382
37 382
Free-cash
40 957
45 584
29 945
36 967

Estimated living cost  is ₽37382 per week

₽26058
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2451
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽573
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8298
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽78261
₽48627
₽75503
₽54041
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
surtax
-
-
-
6 641
health
-
-
-
8 394
unemployment
-
-
-
202
pensions
-
-
-
23 647
other
-
-
-
-
income
-
-
-
43 026
total
-
-
-
81 910
Employee
29 296
-
130 612
-
pensions
1 954
-
7 886
-
income
4 911
-
37 727
-
surtax
96
-
5 580
-
unemployment
2 039
-
8 229
-
other
-
-
-
-
health
748
-
3 014
-
total
9 748
-
62 436
-
Employer
29 296
-
130 612
-
other
-
-
-
-
unemployment
928
-
3 747
-
health
1 333
-
5 380
-
pensions
3 905
-
15 761
-
total
6 166
-
24 888
-
Corporate
120 037
155 500
-
-
income
31 209
40 430
-
-
total
31 209
40 430
-
-
Dividends
88 828
115 070
-
-
withholding
13 325
17 260
-
-
total
13 325
17 260
-
-
Income
155 500
155 500
155 500
155 500
Total tax
60 448
57 690
87 324
81 910
After tax
95 052
97 810
68 176
73 590
Living cost
19 549
19 549
19 549
19 549
Free-cash
75 503
78 261
48 627
54 041

Estimated living cost  is ₽19549 per week

₽11953
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1804
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.
₽5341
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽61452
₽48703
₽67285
₽62779
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
7 943
income
-
-
-
44 441
total
-
-
-
52 384
Employee
55 985
-
135 839
-
pensions
4 752
-
9 771
-
income
10 083
-
35 058
-
health
813
-
1 970
-
total
15 648
-
46 799
-
Employer
55 985
-
135 839
-
health
1 064
-
2 580
-
pensions
6 060
-
17 081
-
total
7 124
-
19 661
-
Corporate
92 391
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.

17 553
29 546
-
-
total
17 553
29 546
-
-
Dividends
74 837
125 954
-
-
withholding
7 553
24 165
-
-
total
7 553
24 165
-
-
Income
155 500
155 500
155 500
155 500
Total tax
47 878
53 711
66 460
52 384
After tax
107 622
101 789
89 040
103 116
Living cost
40 337
40 337
40 337
40 337
Free-cash
67 285
61 452
48 703
62 779

Estimated living cost  is ₽40337 per week

₽30221
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3023
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽422
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6671
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽460
₽47440
₽30161
₽54822
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
city
-
-
-
1 640
health
-
-
-
349
regional
-
-
-
7 426
pensions
-
-
-
14 306
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
national
-
-
-
2 281
total
-
-
-
29 112
Employee
83 751
-
139 183
-
pensions
7 036
-
11 690
-
regional
2 742
-
6 424
-
unemployment
-
-
-
-
national
396
-
1 789
-
city
899
-
1 494
-
health
189
-
312
-
total
11 262
-
21 709
-
Employer
83 751
-
139 183
-
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.

1 675
-
2 783
-
unemployment
-
-
-
-
health
189
-
312
-
pensions
7 036
-
11 690
-
total
8 900
-
14 785
-
Corporate
61 928
155 500
-
-
national
5 264
13 218
-
-
regional
13 098
32 889
-
-
total
18 362
46 107
-
-
Dividends
43 566
109 393
-
-
withholding
15 249
38 287
-
-
total
15 249
38 287
-
-
Income
155 500
155 500
155 500
155 500
Total tax
53 773
84 394
36 494
29 112
After tax
101 727
71 106
119 006
126 388
Living cost
71 566
71 566
71 566
71 566
Free-cash
30 161
-460
47 440
54 822

Estimated living cost  is ₽71566 per week

₽46539
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽6422
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽879
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽17727
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽36248
₽58219
₽50611
₽38615
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
19 604
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.

-
-
-
2 641
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.

-
-
-
48 005
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.

-
-
-
6 052
total
-
-
-
76 302
Employee

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

53 241
-
155 500
-
income

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

6 261
-
48 005
-
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.

345
-
2 641
-
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.

6 052
-
6 052
-
total
12 658
-
56 698
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
102 259
155 500
-
-
income
15 339
23 324
-
-
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.

844
1 283
-
-
trade
17 538
26 668
-
-
chamber of commerce
279
353
-
-
total
34 000
51 628
-
-
Dividends
68 259
103 872
-
-
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.

920
1 410
-
-
withholding
16 728
25 631
-
-
total
17 648
27 041
-
-
Income
155 500
155 500
155 500
155 500
Total tax
64 306
78 669
56 698
76 302
After tax
91 194
76 831
98 802
79 198
Living cost
40 583
40 583
40 583
40 583
Free-cash
50 611
36 248
58 219
38 615

Estimated living cost  is ₽40583 per week

₽29640
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3246
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽528
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7170
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽48062
₽55190
₽53293
₽57328
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
surtax
-
-
-
-
health
-
-
-
6 558
social contributions
-
-
-
4 430
pensions
-
-
-
27 780
other
-
-
-
4 820
income
-
-
-
24 274
total
-
-
-
67 862
Employee
37 915
-
120 524
-
pensions
4 287
-
8 308
-
income
2 238
-
23 284
-
surtax
-
-
-
-
social contributions
1 081
-
3 433
-
total
7 606
-
35 025
-
Employer
37 915
-
120 524
-
other
1 308
-
4 671
-
social contributions
114
-
361
-
unemployment
1 535
-
4 880
-
health
2 655
-
11 065
-
pensions
6 229
-
13 998
-
total
11 841
-
34 975
-
Corporate
105 745
155 500
-
-
income
29 609
43 540
-
-
surtax
-
-
-
-
total
29 609
43 540
-
-
Dividends
76 136
111 960
-
-
social contributions
13 095
19 258
-
-
surtax
-
-
-
-
withholding
9 746
14 330
-
-
total
22 841
33 588
-
-
Income
155 500
155 500
155 500
155 500
Total tax
71 897
77 128
70 000
67 862
After tax
83 603
78 372
85 500
87 638
Living cost
30 310
30 310
30 310
30 310
Free-cash
53 293
48 062
55 190
57 328

Estimated living cost  is ₽30310 per week

₽19111
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2465
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽516
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8219
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽51065
₽58193
₽55986
₽60331
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
surtax
-
-
-
-
health
-
-
-
6 558
social contributions
-
-
-
4 430
pensions
-
-
-
27 780
other
-
-
-
4 820
income
-
-
-
24 274
total
-
-
-
67 862
Employee
33 845
-
120 524
-
pensions
3 828
-
8 308
-
income
1 745
-
23 284
-
surtax
-
-
-
-
social contributions
965
-
3 433
-
total
6 538
-
35 025
-
Employer
33 845
-
120 524
-
other
1 168
-
4 671
-
social contributions
101
-
361
-
unemployment
1 370
-
4 880
-
health
2 369
-
11 065
-
pensions
5 561
-
13 998
-
total
10 569
-
34 975
-
Corporate
111 086
155 500
-
-
income
31 105
43 540
-
-
surtax
-
-
-
-
total
31 105
43 540
-
-
Dividends
79 981
111 960
-
-
social contributions
13 757
19 258
-
-
surtax
-
-
-
-
withholding
10 238
14 330
-
-
total
23 995
33 588
-
-
Income
155 500
155 500
155 500
155 500
Total tax
72 207
77 128
70 000
67 862
After tax
83 293
78 372
85 500
87 638
Living cost
27 307
27 307
27 307
27 307
Free-cash
55 986
51 065
58 193
60 331

Estimated living cost  is ₽27307 per week

₽15837
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2774
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽518
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8179
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽76084
₽77888
₽76544
₽81079
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
21 458
income
-
-
-
23 324
health
-
-
-
10 854
total
-
-
-
55 636
Employee
30 037
-
155 500
-
income
5 010
-
26 515
-
social contributions
4 146
-
21 458
-
health
2 096
-
10 854
-
total
11 252
-
58 827
-
Employer
30 037
-
155 500
-
total
-
-
-
-
Corporate
125 463
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%.

6 272
7 775
-
-
total
6 272
7 775
-
-
Dividends
119 190
147 725
-
-
social contributions
16 448
20 386
-
-
withholding
17 879
22 159
-
-
health
8 320
10 311
-
-
total
42 647
52 856
-
-
Income
155 500
155 500
155 500
155 500
Total tax
60 171
60 631
58 827
55 636
After tax
95 329
94 869
96 673
99 864
Living cost
18 785
18 785
18 785
18 785
Free-cash
76 544
76 084
77 888
81 079

Estimated living cost  is ₽18785 per week

₽12572
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1158
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽432
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4622
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽54827
₽10013
₽53457
₽48590
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
surtax
-
-
-
175
health
-
-
-
7 917
unemployment
-
-
-
5 434
pensions
-
-
-
19 147
chamber of commerce
-
-
-
622
income
-
-
-
42 399
total
-
-
-
75 694
Employee
44 273
35 304
124 039
-
pensions
4 534
3 614
10 598
-
income
5 040
2 604
33 899
-
unemployment
1 328
1 059
3 105
-
other
442
353
1 036
-
health
1 713
1 367
4 005
-
total
13 057
8 997
52 643
-
Employer
44 273
35 304
124 039
-
other
2 103
1 676
5 716
-
payroll
1 328
1 059
3 720
-
unemployment
1 328
1 059
3 105
-
health
1 673
1 335
3 912
-
accident
575
459
1 345
-
chamber of commerce
177
141
496
-
surtax
175
175
175
-
pensions
5 556
4 432
12 989
-
total
12 915
10 336
31 458
-
Corporate
98 312
109 860
120 680
-
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.

24 579
27 465
30 170
-
total
24 579
27 465
30 170
-
Dividends
73 734
82 395
-
-
withholding
20 276
22 659
-
-
total
20 276
22 659
-
-
Income
155 500
155 500
155 500
155 500
Total tax
70 827
69 457
114 271
75 694
After tax
84 673
86 043
41 229
79 806
Living cost
31 216
31 216
31 216
31 216
Free-cash
53 457
54 827
10 013
48 590

Estimated living cost  is ₽31216 per week

₽20819
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2663
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽513
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7221
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽54666
₽22480
₽41380
₽35111
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
communal

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

-
-
-
8 004
social contributions
-
-
-
22 087
national
-
-
-
57 997
total
-
-
-
88 088
Employee

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

63 369
-
120 441
-
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.

4 753
-
9 033
-
communal

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

3 305
-
6 282
-
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.

551
-
1 047
-
national
19 482
-
43 639
-
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.

2 977
-
5 660
-
total
31 068
-
65 661
-
Employer

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

63 369
-
120 441
-
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.

925
-
1 758
-
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.

3 897
-
7 407
-
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.

824
-
1 565
-
surtax
7 185
-
13 658
-
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.

5 615
-
10 670
-
total
18 446
-
35 058
-
Corporate
73 686
155 500
-
-
income
14 737
31 100
-
-
surtax
294
622
-
-
total
15 031
31 722
-
-
Dividends
58 654
123 778
-
-
withholding

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

17 274
36 811
-
-
total
17 274
36 811
-
-
Income
155 500
155 500
155 500
155 500
Total tax
81 819
68 533
100 719
88 088
After tax
73 681
86 967
54 781
67 412
Living cost
32 301
32 301
32 301
32 301
Free-cash
41 380
54 666
22 480
35 111

Estimated living cost  is ₽32301 per week

₽20806
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2824
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽506
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8165
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽71666
₽51562
₽65568
₽55280
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
accident
-
-
-
740
unemployment
-
-
-
575
pensions
-
-
-
23 237
other
-
-
-
82
income
-
-
-
43 593
total
-
-
-
68 227
Employee
44 098
-
129 323
-
pensions
2 073
-
3 860
-
income
9 304
-
40 552
-
unemployment
684
-
1 273
-
other
44
-
82
-
total
12 105
-
45 767
-
Employer
44 098
-
129 323
-
other
351
-
657
-
unemployment
2 426
-
4 516
-
accident
873
-
1 626
-
pensions
10 406
-
19 379
-
total
14 056
-
26 178
-
Corporate
97 346
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.

14 603
23 324
-
-
total
14 603
23 324
-
-
Dividends
82 743
132 176
-
-
withholding
17 175
28 517
-
-
total
17 175
28 517
-
-
Income
155 500
155 500
155 500
155 500
Total tax
57 939
51 841
71 945
68 227
After tax
97 561
103 659
83 555
87 273
Living cost
31 993
31 993
31 993
31 993
Free-cash
65 568
71 666
51 562
55 280

Estimated living cost  is ₽31993 per week

₽23560
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2270
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽461
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5702
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽42856
₽34997
₽31573
₽28799
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
communal
-
-
-
9 828
surtax
-
-
-
7 710
health
-
-
-
10 924
accident
-
-
-
1 311
pensions
-
-
-
23 308
income
-
-
-
25 477
total
-
-
-
78 558
Employee
67 088
-
138 900
-
pensions
5 366
-
11 112
-
income
6 480
-
29 954
-
surtax
4 112
-
8 512
-
health
2 986
-
6 182
-
total
18 944
-
55 760
-
Employer
67 088
-
138 900
-
health
2 046
-
4 237
-
accident
604
-
1 251
-
pensions
5 366
-
11 112
-
total
8 016
-
16 600
-
Corporate
80 396
155 500
-
-
income
12 059
23 324
-
-
surtax
844
1 632
-
-
communal
5 427
10 495
-
-
total
18 330
35 451
-
-
Dividends
62 066
120 048
-
-
income
21 184
11 043
-
-
withholding
9 310
18 007
-
-
total
30 494
29 050
-
-
Income
155 500
155 500
155 500
155 500
Total tax
75 784
64 501
72 360
78 558
After tax
79 716
90 999
83 140
76 942
Living cost
48 143
48 143
48 143
48 143
Free-cash
31 573
42 856
34 997
28 799

Estimated living cost  is ₽48143 per week

₽36115
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2917
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽509
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8601
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽77912
₽48278
₽75094
₽53692
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
surtax
-
-
-
6 641
health
-
-
-
8 394
unemployment
-
-
-
202
pensions
-
-
-
23 647
other
-
-
-
-
income
-
-
-
43 026
total
-
-
-
81 910
Employee
29 834
-
130 612
-
pensions
1 990
-
7 886
-
income
5 001
-
37 727
-
surtax
106
-
5 580
-
unemployment
2 076
-
8 229
-
other
-
-
-
-
health
762
-
3 014
-
total
9 935
-
62 436
-
Employer
29 834
-
130 612
-
other
-
-
-
-
unemployment
946
-
3 747
-
health
1 357
-
5 380
-
pensions
3 978
-
15 761
-
total
6 281
-
24 888
-
Corporate
119 385
155 500
-
-
income
31 041
40 430
-
-
total
31 041
40 430
-
-
Dividends
88 344
115 070
-
-
withholding
13 251
17 260
-
-
total
13 251
17 260
-
-
Income
155 500
155 500
155 500
155 500
Total tax
60 508
57 690
87 324
81 910
After tax
94 992
97 810
68 176
73 590
Living cost
19 898
19 898
19 898
19 898
Free-cash
75 094
77 912
48 278
53 692

Estimated living cost  is ₽19898 per week

₽12014
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1730
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽462
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5694
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽57870
₽42990
₽55901
₽49976
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
2 344
social contributions
-
-
-
39 995
municipal
-
-
-
925
national
-
-
-
38 396
total
-
-
-
81 660
Employee
49 142
-
155 500
-
regional
662
-
2 092
-
national
7 785
-
33 295
-
municipal
261
-
824
-
social contributions
16 571
-
52 435
-
total
25 279
-
88 646
-
Employer
49 142
-
155 500
-
total
-
-
-
-
Corporate
106 358
155 500
-
-
nationa
25 527
37 320
-
-
municipal
5 286
7 728
-
-
total
30 813
45 048
-
-
Dividends
75 546
110 452
-
-
withholding
19 643
28 718
-
-
total
19 643
28 718
-
-
Income
155 500
155 500
155 500
155 500
Total tax
75 735
73 766
88 646
81 660
After tax
79 765
81 734
66 854
73 840
Living cost
23 864
23 864
23 864
23 864
Free-cash
55 901
57 870
42 990
49 976

Estimated living cost  is ₽23864 per week

₽14841
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2418
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽409
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6197
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽79919
₽53445
₽70236
₽60247
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
solidarity contribution
-
-
-
-
social contributions
-
-
-
31 696
income
-
-
-
15 422
health
-
-
-
20 992
total
-
-
-
68 110
Employee
39 916
-
117 764
-
income
4 790
-
14 222
-
solidarity contribution
-
-
-
-
social contributions
2 595
-
7 056
-
health
5 389
-
15 898
-
total
12 774
-
37 176
-
Employer
39 916
-
117 764
-
social contributions
9 979
-
27 137
-
health
3 592
-
10 599
-
total
13 571
-
37 736
-
Corporate
102 012
155 500
-
-
income
19 382
29 545
-
-
total
19 382
29 545
-
-
Dividends
82 630
125 955
-
-
withholding
12 394
18 893
-
-
total
12 394
18 893
-
-
Income
155 500
155 500
155 500
155 500
Total tax
58 121
48 438
74 912
68 110
After tax
97 379
107 062
80 588
87 390
Living cost
27 143
27 143
27 143
27 143
Free-cash
70 236
79 919
53 445
60 247

Estimated living cost  is ₽27143 per week

₽20185
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1504
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽470
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4985
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽57876
₽13008
₽57435
₽51718
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
surtax
-
-
-
-
health
-
-
-
7 917
unemployment
-
-
-
5 434
pensions
-
-
-
19 147
chamber of commerce
-
-
-
622
income
-
-
-
42 399
total
-
-
-
75 519
Employee
38 725
35 304
124 204
-
pensions
3 966
3 614
10 598
-
income
3 450
2 604
33 978
-
unemployment
1 162
1 059
3 105
-
other
387
353
1 036
-
health
1 498
1 367
4 005
-
total
10 463
8 997
52 722
-
Employer
38 725
35 304
124 204
-
other
1 839
1 676
5 723
-
payroll
1 162
1 059
3 725
-
unemployment
1 162
1 059
3 105
-
health
1 464
1 335
3 912
-
accident
503
459
1 345
-
chamber of commerce
155
141
498
-
surtax
-
-
-
-
pensions
4 860
4 432
12 989
-
total
11 145
10 161
31 297
-
Corporate
105 630
110 035
120 841
-
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.

26 408
27 509
30 210
-
total
26 408
27 509
30 210
-
Dividends
79 223
82 526
-
-
withholding
21 786
22 694
-
-
total
21 786
22 694
-
-
Income
155 500
155 500
155 500
155 500
Total tax
69 802
69 361
114 229
75 519
After tax
85 698
86 139
41 271
79 981
Living cost
28 263
28 263
28 263
28 263
Free-cash
57 435
57 876
13 008
51 718

Estimated living cost  is ₽28263 per week

₽16954
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2887
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽504
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7918
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽136438
₽113113
₽134321
₽142658
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
14 109
-
155 500
-
income
2 822
-
31 100
-
total
2 822
-
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%.

141 391
155 500
-
-
total
-
-
-
-
Dividends
141 391
155 500
-
-
withholding
7 070
7 775
-
-
total
7 070
7 775
-
-
Income
155 500
155 500
155 500
155 500
Total tax
9 892
7 775
31 100
1 555
After tax
145 608
147 725
124 400
153 945
Living cost
11 287
11 287
11 287
11 287
Free-cash
134 321
136 438
113 113
142 658

Estimated living cost  is ₽11287 per week

₽7638
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽474
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽379
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2796
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽83300
₽48093
₽75891
₽52213
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
15 302
unemployment
-
-
-
234
pensions
-
-
-
28 398
income
-
-
-
35 591
total
-
-
-
79 525
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.

39 175
-
134 551
-
pensions
6 072
-
20 855
-
income
6 756
-
32 960
-
unemployment
55
-
188
-
health
2 530
-
8 692
-
total
15 413
-
62 695
-
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.

39 175
-
134 551
-
unemployment
24
-
81
-
health
2 609
-
8 961
-
pensions
3 467
-
11 908
-
total
6 100
-
20 950
-
Corporate
110 226
155 500
-
-
income
20 942
29 545
-
-
total
20 942
29 545
-
-
Dividends
89 284
125 955
-
-
withholding
13 392
18 893
-
-
total
13 392
18 893
-
-
Income
155 500
155 500
155 500
155 500
Total tax
55 847
48 438
83 645
79 525
After tax
99 653
107 062
71 855
75 975
Living cost
23 762
23 762
23 762
23 762
Free-cash
75 891
83 300
48 093
52 213

Estimated living cost  is ₽23762 per week

₽16307
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1523
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽461
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5472
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽53146
₽101399
₽7440
₽66003
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
59 448
-
-
-
income
13 113
-
-
-
social contributions
4 875
-
695
-
total
17 988
-
695
-
Employer
59 448
-
-
-
social contributions
83 822
-
11 946
-
total
83 822
-
11 946
-
Corporate
12 230
155 500
-
-
income
2 691
34 210
-
-
total
2 691
34 210
-
-
Dividends
9 539
121 290
-
-
income
2 099
26 684
-
-
total
2 099
26 684
-
-
Income
155 500
155 500
155 500
155 500
Total tax
106 600
60 894
12 641
48 037
After tax
48 900
94 606
142 859
107 463
Living cost
41 460
41 460
41 460
41 460
Free-cash
7 440
53 146
101 399
66 003

Estimated living cost  is ₽41460 per week

₽26901
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3899
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽528
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10131
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽60661
₽43734
₽59767
₽55525
S + D Salary + Dividends

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

Dividends

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

Salary

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

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

-
-
-
54 036
income
-
-
-
18 151
total
-
-
-
72 187
Employee
40 744
-
125 656
-
income
8 475
-
40 312
-
surtax
-
-
-
-
social contributions
4 482
-
13 822
-
total
12 957
-
54 134
-
Employer
40 744
-
125 656
-
social contributions
9 677
-
29 844
-
total
9 677
-
29 844
-
Corporate
105 079
155 500
-
-
income
22 067
32 655
-
-
surtax
-
-
-
-
total
22 067
32 655
-
-
Dividends
83 012
122 845
-
-
withholding
23 244
34 396
-
-
total
23 244
34 396
-
-
Income
155 500
155 500
155 500
155 500
Total tax
67 945
67 051
83 978
72 187
After tax
87 555
88 449
71 522
83 313
Living cost
27 788
27 788
27 788
27 788
Free-cash
59 767
60 661
43 734
55 525

Estimated living cost  is ₽27788 per week

₽20791
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.
₽464
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4894
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽35584
₽42712
₽41674
₽44850
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
surtax
-
-
-
-
health
-
-
-
6 558
social contributions
-
-
-
4 430
pensions
-
-
-
27 780
other
-
-
-
4 820
income
-
-
-
24 274
total
-
-
-
67 862
Employee
55 485
-
120 524
-
pensions
6 276
-
8 308
-
income
4 841
-
23 284
-
surtax
-
-
-
-
social contributions
1 580
-
3 433
-
total
12 697
-
35 025
-
Employer
55 485
-
120 524
-
other
1 915
-
4 671
-
social contributions
166
-
361
-
unemployment
2 248
-
4 880
-
health
3 883
-
11 065
-
pensions
9 117
-
13 998
-
total
17 329
-
34 975
-
Corporate
82 685
155 500
-
-
income
23 151
43 540
-
-
surtax
-
-
-
-
total
23 151
43 540
-
-
Dividends
59 534
111 960
-
-
social contributions
10 240
19 258
-
-
surtax
-
-
-
-
withholding
7 621
14 330
-
-
total
17 861
33 588
-
-
Income
155 500
155 500
155 500
155 500
Total tax
71 038
77 128
70 000
67 862
After tax
84 462
78 372
85 500
87 638
Living cost
42 788
42 788
42 788
42 788
Free-cash
41 674
35 584
42 712
44 850

Estimated living cost  is ₽42788 per week

₽28958
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3500
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽587
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9742
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽113319
₽92043
₽110343
₽87910
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
6 750
social contributions
-
-
-
34 210
total
-
-
-
40 960
Employee
28 481
-
134 632
-
social contributions
1 851
-
8 750
-
income
-
-
7 209
-
total
1 851
-
15 959
-
Employer
28 481
-
134 632
-
social contributions
4 415
-
20 868
-
total
4 415
-
20 868
-
Corporate
122 605
155 500
-
-
income
12 261
15 551
-
-
total
12 261
15 551
-
-
Dividends
110 344
139 949
-
-
total
-
-
-
-
Income
155 500
155 500
155 500
155 500
Total tax
18 527
15 551
36 827
40 960
After tax
136 973
139 949
118 673
114 540
Living cost
26 630
26 630
26 630
26 630
Free-cash
110 343
113 319
92 043
87 910

Estimated living cost  is ₽26630 per week

₽17218
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2007
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.
₽6903
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽37211
-₽37211
-₽37211
₽49130
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
labour market
-
-
-
12 379
pensions
-
-
-
767
municipal
-
-
-
32 383
national
-
-
-
18 244
total
-
-
-
63 773
Employee
179 792
179 792
179 792
-
pensions
256
256
256
-
labour market
14 363
14 363
14 363
-
national
21 965
21 965
21 965
-
municipal
38 286
38 286
38 286
-
total
74 870
74 870
74 870
-
Employer
179 792
179 792
179 792
-
labour market
14 383
14 383
14 383
-
national
22 003
22 003
22 003
-
municipal
38 347
38 347
38 347
-
pensions
511
511
511
-
total
75 244
75 244
75 244
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
155 500
155 500
155 500
155 500
Total tax
150 114
150 114
150 114
63 773
After tax
5 386
5 386
5 386
91 727
Living cost
42 597
42 597
42 597
42 597
Free-cash
-37 211
-37 211
-37 211
49 130

Estimated living cost  is ₽42597 per week

₽29154
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3768
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽655
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9020
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽6931
₽64826
₽9600
₽86786
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
1 965
accident
-
-
-
227
pensions
-
-
-
3 748
other
-
-
-
334
income
-
-
-
42 914
total
-
-
-
49 188
Employee
30 715
-
139 815
-
pensions
3 459
-
6 873
-
income
4 214
-
32 581
-
health
3 517
-
16 009
-
total
11 190
-
55 463
-
Employer
30 715
-
139 815
-
unemployment
753
-
3 425
-
accident
513
-
2 335
-
pensions
4 994
-
9 925
-
total
6 260
-
15 685
-
Corporate
118 525
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.

106 672
139 950
-
-
total
106 672
139 950
-
-
Dividends
11 852
15 550
-
-
withholding
2 252
2 955
-
-
total
2 252
2 955
-
-
Income
155 500
155 500
155 500
155 500
Total tax
126 374
142 905
71 148
49 188
After tax
29 126
12 595
84 352
106 312
Living cost
19 526
19 526
19 526
19 526
Free-cash
9 600
-6 931
64 826
86 786

Estimated living cost  is ₽19526 per week

₽14213
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1113
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽366
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3834
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽63461
₽47598
₽65678
₽66365
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
27 626
national
-
-
-
25 473
health
-
-
-
2 024
total
-
-
-
55 123
Employee
46 609
-
130 814
-
pensions
3 145
-
8 829
-
unemployment
699
-
1 962
-
national
770
-
15 461
-
municipal
7 634
-
21 309
-
health
348
-
1 644
-
total
12 596
-
49 205
-
Employer
46 609
-
130 814
-
unemployment
303
-
851
-
health
358
-
1 007
-
accident
47
-
131
-
pensions
8 086
-
22 696
-
total
8 794
-
24 685
-
Corporate
100 097
155 500
-
-
income
20 019
31 100
-
-
total
20 019
31 100
-
-
Dividends

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

60 058
93 300
-
-
national
3 591
10 132
-
-
municipal
10 810
16 795
-
-
total
14 401
26 927
-
-
Income
155 500
155 500
155 500
155 500
Total tax
55 810
58 027
73 890
55 123
After tax
99 690
97 473
81 610
100 377
Living cost
34 012
34 012
34 012
34 012
Free-cash
65 678
63 461
47 598
66 365

Estimated living cost  is ₽34012 per week

₽22217
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3272
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽541
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7984
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽92930
₽84431
₽88107
₽85799
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
14 334
income
-
-
-
30 890
health
-
-
-
3 966
total
-
-
-
49 190
Employee
68 121
68 121
145 188
-
income
7 417
6 306
30 152
-
social contributions
2 576
5 654
7 626
-
health
528
1 158
2 468
-
total
10 521
13 118
40 246
-
Employer
68 121
68 121
145 188
-
social contributions
2 576
5 654
7 626
-
health
573
1 261
2 686
-
total
3 149
6 915
10 312
-
Corporate
121 320
80 464
-
-
income
15 166
10 058
-
-
total
15 166
10 058
-
-
Dividends
106 154
70 406
-
-
withholding
18 046
11 968
-
-
total
18 046
11 968
-
-
Income
155 500
155 500
155 500
155 500
Total tax
46 882
42 059
50 558
49 190
After tax
108 618
113 441
104 942
106 310
Living cost
20 511
20 511
20 511
20 511
Free-cash
88 107
92 930
84 431
85 799

Estimated living cost  is ₽20511 per week

₽12293
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2012
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽454
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5753
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽114704
₽98983
₽110197
₽116753
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
3 206
unemployment
-
-
-
25
pensions
-
-
-
5 635
income
-
-
-
15 816
total
-
-
-
24 682
Employee

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

20 334
-
146 842
-
pensions
3 050
-
12 609
-
income
1 390
-
13 621
-
unemployment
101
-
420
-
health
1 728
-
7 145
-
total
6 269
-
33 795
-
Employer

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

20 334
-
146 842
-
unemployment
101
-
420
-
health
874
-
3 614
-
pensions
1 118
-
4 623
-
total
2 093
-
8 657
-
Corporate
133 073
155 500
-
-
income
11 977
13 996
-
-
total
11 977
13 996
-
-
Dividends
121 096
141 504
-
-
withholding
10 899
12 735
-
-
total
10 899
12 735
-
-
Income
155 500
155 500
155 500
155 500
Total tax
31 238
26 731
42 452
24 682
After tax
124 262
128 769
113 048
130 818
Living cost
14 065
14 065
14 065
14 065
Free-cash
110 197
114 704
98 983
116 753

Estimated living cost  is ₽14065 per week

₽8974
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1014
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽419
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3658
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽79298
₽59194
₽75385
₽62912
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
accident
-
-
-
740
unemployment
-
-
-
575
pensions
-
-
-
23 237
other
-
-
-
82
income
-
-
-
43 593
total
-
-
-
68 227
Employee
32 757
-
129 323
-
pensions
1 540
-
3 860
-
income
6 315
-
40 552
-
unemployment
508
-
1 273
-
other
32
-
82
-
total
8 395
-
45 767
-
Employer
32 757
-
129 323
-
other
262
-
657
-
unemployment
1 802
-
4 516
-
accident
649
-
1 626
-
pensions
7 730
-
19 379
-
total
10 443
-
26 178
-
Corporate
112 300
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.

16 845
23 324
-
-
total
16 845
23 324
-
-
Dividends
95 455
132 176
-
-
withholding
20 071
28 517
-
-
total
20 071
28 517
-
-
Income
155 500
155 500
155 500
155 500
Total tax
55 754
51 841
71 945
68 227
After tax
99 746
103 659
83 555
87 273
Living cost
24 361
24 361
24 361
24 361
Free-cash
75 385
79 298
59 194
62 912

Estimated living cost  is ₽24361 per week

₽16443
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2342
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽427
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5149
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽95456
₽98463
₽95198
₽98574
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
833
pensions
-
-
-
1 149
income
-
-
-
53 368
total
-
-
-
55 350
Employee
2 400
-
154 207
-
pensions
216
-
517
-
income
464
-
53 307
-
unemployment
24
-
57
-
health
120
-
287
-
total
824
-
54 168
-
Employer
2 400
-
154 207
-
unemployment
48
-
115
-
health
228
-
546
-
pensions
264
-
632
-
total
540
-
1 293
-
Corporate
152 560
155 500
-
-
income
33 563
34 210
-
-
total
33 563
34 210
-
-
Dividends
118 997
121 290
-
-
withholding
23 799
24 258
-
-
total
23 799
24 258
-
-
Income
155 500
155 500
155 500
155 500
Total tax
58 726
58 468
55 461
55 350
After tax
96 774
97 032
100 039
100 150
Living cost
1 576
1 576
1 576
1 576
Free-cash
95 198
95 456
98 463
98 574

Estimated living cost  is ₽1576 per week

₽936
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽128
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽36
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽476
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽97056
₽80323
₽92703
₽80323
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
6 731
unemployment
-
-
-
980
pensions
-
-
-
16 992
income
-
-
-
35 181
total
-
-
-
59 884
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.

23 061
-
143 802
-
pensions
3 229
-
9 149
-
income
3 179
-
35 181
-
unemployment
173
-
490
-
health
1 188
-
3 366
-
total
7 769
-
48 186
-
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.

23 061
-
143 802
-
unemployment
173
-
490
-
health
1 188
-
3 366
-
pensions
2 767
-
7 842
-
total
4 128
-
11 698
-
Corporate
128 311
155 500
-
-
income
19 247
23 325
-
-
total
19 247
23 325
-
-
Dividends
109 064
132 175
-
-
withholding
16 360
19 826
-
-
total
16 360
19 826
-
-
Income
155 500
155 500
155 500
155 500
Total tax
47 504
43 151
59 884
59 884
After tax
107 996
112 349
95 616
95 616
Living cost
15 293
15 293
15 293
15 293
Free-cash
92 703
97 056
80 323
80 323

Estimated living cost  is ₽15293 per week

₽10297
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1183
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.
₽3371
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽64566
₽47639
₽64247
₽59430
S + D Salary + Dividends

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

Dividends

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

Salary

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

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

-
-
-
54 036
income
-
-
-
18 151
total
-
-
-
72 187
Employee
34 384
-
125 656
-
income
6 718
-
40 312
-
surtax
-
-
-
-
social contributions
3 783
-
13 822
-
total
10 501
-
54 134
-
Employer
34 384
-
125 656
-
social contributions
8 165
-
29 844
-
total
8 165
-
29 844
-
Corporate
112 951
155 500
-
-
income
23 719
32 655
-
-
surtax
-
-
-
-
total
23 719
32 655
-
-
Dividends
89 231
122 845
-
-
withholding
24 985
34 396
-
-
total
24 985
34 396
-
-
Income
155 500
155 500
155 500
155 500
Total tax
67 370
67 051
83 978
72 187
After tax
88 130
88 449
71 522
83 313
Living cost
23 883
23 883
23 883
23 883
Free-cash
64 247
64 566
47 639
59 430

Estimated living cost  is ₽23883 per week

₽16916
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1659
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽424
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4885
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽72525
₽52421
₽66727
₽56139
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
accident
-
-
-
740
unemployment
-
-
-
575
pensions
-
-
-
23 237
other
-
-
-
82
income
-
-
-
43 593
total
-
-
-
68 227
Employee
42 785
-
129 323
-
pensions
2 011
-
3 860
-
income
8 936
-
40 552
-
unemployment
662
-
1 273
-
other
42
-
82
-
total
11 651
-
45 767
-
Employer
42 785
-
129 323
-
other
343
-
657
-
unemployment
2 354
-
4 516
-
accident
847
-
1 626
-
pensions
10 097
-
19 379
-
total
13 641
-
26 178
-
Corporate
99 074
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.

14 861
23 324
-
-
total
14 861
23 324
-
-
Dividends
84 213
132 176
-
-
withholding
17 486
28 517
-
-
total
17 486
28 517
-
-
Income
155 500
155 500
155 500
155 500
Total tax
57 639
51 841
71 945
68 227
After tax
97 861
103 659
83 555
87 273
Living cost
31 134
31 134
31 134
31 134
Free-cash
66 727
72 525
52 421
56 139

Estimated living cost  is ₽31134 per week

₽22359
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2421
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.
₽5916
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽117787
₽114886
₽112411
₽108787
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
3 541
unemployment
-
-
-
123
pensions

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

-
-
-
4 558
income
-
-
-
23 325
total
-
-
-
31 547
Employee
20 082
-
149 458
-
pensions

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

1 763
-
2 704
-
income
2 009
-
14 946
-
accident

We are using the highest rate at 1.1%.

221
-
339
-
health
924
-
1 417
-
total
4 917
-
19 406
-
Employer
20 082
-
149 458
-
unemployment
121
-
185
-
health
1 386
-
2 125
-
accident

We are using the highest rate at 1.1%.

221
-
339
-
pensions

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

2 213
-
3 393
-
total
3 941
-
6 042
-
Corporate
131 478
155 500
-
-
income
13 148
15 550
-
-
total
13 148
15 550
-
-
Dividends
118 330
139 950
-
-
withholding
5 917
6 997
-
-
total
5 917
6 997
-
-
Income
155 500
155 500
155 500
155 500
Total tax
27 923
22 547
25 448
31 547
After tax
127 577
132 953
130 052
123 953
Living cost
15 166
15 166
15 166
15 166
Free-cash
112 411
117 787
114 886
108 787

Estimated living cost  is ₽15166 per week

₽10031
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽868
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽362
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3906
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽45828
₽64600
₽57416
₽48197
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
16 403
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.

-
-
-
2 641
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.

-
-
-
48 005
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.

-
-
-
6 052
total
-
-
-
73 101
Employee

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

44 079
-
155 500
-
income

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

3 625
-
48 005
-
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.

200
-
2 641
-
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.

6 052
-
6 052
-
total
9 877
-
56 698
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
111 421
155 500
-
-
income
16 712
23 324
-
-
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.

920
1 283
-
-
trade
15 989
22 314
-
-
chamber of commerce
298
363
-
-
total
33 919
47 284
-
-
Dividends
77 502
108 216
-
-
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.

1 047
1 469
-
-
withholding
19 039
26 717
-
-
total
20 086
28 186
-
-
Income
155 500
155 500
155 500
155 500
Total tax
63 882
75 470
56 698
73 101
After tax
91 618
80 030
98 802
82 399
Living cost
34 202
34 202
34 202
34 202
Free-cash
57 416
45 828
64 600
48 197

Estimated living cost  is ₽34202 per week

₽23593
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3680
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.
₽6432
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽58384
₽31547
₽60342
₽31547
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
47 557
social contributions
-
-
-
25 931
total
-
-
-
73 488
Employee
69 297
-
155 500
-
social contributions
5 757
-
25 931
-
income
13 076
-
47 557
-
total
18 833
-
73 488
-
Employer
69 297
-
155 500
-
total
-
-
-
-
Corporate
86 203
155 500
-
-
income
10 775
19 438
-
-
total
10 775
19 438
-
-
Dividends
75 428
136 062
-
-
withholding
15 085
27 213
-
-
total
15 085
27 213
-
-
Income
155 500
155 500
155 500
155 500
Total tax
44 693
46 651
73 488
73 488
After tax
110 807
108 849
82 012
82 012
Living cost
50 465
50 465
50 465
50 465
Free-cash
60 342
58 384
31 547
31 547

Estimated living cost  is ₽50465 per week

₽38393
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4112
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽482
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7478
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽64236
₽78439
₽67332
₽92757
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
income
-
-
-
25 217
health

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

-
-
-
5 368
total
-
-
-
30 585
Employee
40 640
-
151 425
-
social contributions
4 072
-
4 075
-
income
4 410
-
36 753
-
total
8 482
-
40 828
-
Employer
40 640
-
151 425
-
social contributions
4 072
-
4 075
-
total
4 072
-
4 075
-
Corporate
110 788
155 500
-
-
income
38 776
54 426
-
-
total
38 776
54 426
-
-
Dividends
72 013
101 074
-
-
social contributions
4 680
4 680
-
-
total
4 680
4 680
-
-
Income
155 500
155 500
155 500
155 500
Total tax
56 010
59 106
44 903
30 585
After tax
99 490
96 394
110 597
124 915
Living cost
32 158
32 158
32 158
32 158
Free-cash
67 332
64 236
78 439
92 757

Estimated living cost  is ₽32158 per week

₽21183
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.
₽493
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7947
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽68996
₽56247
₽74225
₽70323
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
7 943
income
-
-
-
44 441
total
-
-
-
52 384
Employee
45 013
-
135 839
-
pensions
3 436
-
9 771
-
income
8 197
-
35 058
-
health
587
-
1 970
-
total
12 220
-
46 799
-
Employer
45 013
-
135 839
-
health
855
-
2 580
-
pensions
4 548
-
17 081
-
total
5 403
-
19 661
-
Corporate
105 084
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.

19 966
29 546
-
-
total
19 966
29 546
-
-
Dividends
85 118
125 954
-
-
withholding
10 893
24 165
-
-
total
10 893
24 165
-
-
Income
155 500
155 500
155 500
155 500
Total tax
48 482
53 711
66 460
52 384
After tax
107 018
101 789
89 040
103 116
Living cost
32 793
32 793
32 793
32 793
Free-cash
74 225
68 996
56 247
70 323

Estimated living cost  is ₽32793 per week

₽22496
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3016
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽410
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6869
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽8864
₽62893
₽9303
₽84853
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
1 965
accident
-
-
-
227
pensions
-
-
-
3 748
other
-
-
-
334
income
-
-
-
42 914
total
-
-
-
49 188
Employee
33 756
-
139 815
-
pensions
3 801
-
6 873
-
income
4 631
-
32 581
-
health
3 865
-
16 009
-
total
12 297
-
55 463
-
Employer
33 756
-
139 815
-
unemployment
827
-
3 425
-
accident
564
-
2 335
-
pensions
5 488
-
9 925
-
total
6 879
-
15 685
-
Corporate
114 865
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.

103 379
139 950
-
-
total
103 379
139 950
-
-
Dividends
11 486
15 550
-
-
withholding
2 183
2 955
-
-
total
2 183
2 955
-
-
Income
155 500
155 500
155 500
155 500
Total tax
124 738
142 905
71 148
49 188
After tax
30 762
12 595
84 352
106 312
Living cost
21 459
21 459
21 459
21 459
Free-cash
9 303
-8 864
62 893
84 853

Estimated living cost  is ₽21459 per week

₽15748
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1250
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽432
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4028
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽118905
₽98467
₽114765
₽79017
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
work injury
-
-
-
707
health insurance
-
-
-
10 468
unemployment
-
-
-
1 698
pensions
-
-
-
26 029
income
-
-
-
25 633
total
-
-
-
64 535
Employee

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

19 117
-
155 500
-
pensions
3 518
-
13 015
-
income
1 912
-
25 633
-
health insurance
1 415
-
5 234
-
work injury
96
-
354
-
unemployment
229
-
849
-
total
7 170
-
45 085
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
136 383
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%.

1 364
1 555
-
-
total
1 364
1 555
-
-
Dividends
135 019
153 945
-
-
withholding
20 253
23 092
-
-
total
20 253
23 092
-
-
Income
155 500
155 500
155 500
155 500
Total tax
28 787
24 647
45 085
64 535
After tax
126 713
130 853
110 415
90 965
Living cost
11 948
11 948
11 948
11 948
Free-cash
114 765
118 905
98 467
79 017

Estimated living cost  is ₽11948 per week

₽7402
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽868
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽373
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3305
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽46615
₽30390
₽42585
₽37216
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
3 562
social contributions
-
-
-
39 995
municipal
-
-
-
1 039
national
-
-
-
38 396
total
-
-
-
82 992
Employee
74 651
-
155 500
-
regional
1 127
-
3 160
-
national
12 615
-
33 295
-
municipal
446
-
928
-
social contributions
25 172
-
52 435
-
total
39 360
-
89 818
-
Employer
74 651
-
155 500
-
total
-
-
-
-
Corporate
80 849
155 500
-
-
nationa
19 404
37 320
-
-
municipal
3 897
7 495
-
-
total
23 301
44 815
-
-
Dividends
57 548
110 685
-
-
withholding
14 962
28 778
-
-
total
14 962
28 778
-
-
Income
155 500
155 500
155 500
155 500
Total tax
77 623
73 593
89 818
82 992
After tax
77 877
81 907
65 682
72 508
Living cost
35 292
35 292
35 292
35 292
Free-cash
42 585
46 615
30 390
37 216

Estimated living cost  is ₽35292 per week

₽24790
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2428
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.
₽7540
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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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