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
₽60313
₽71026
₽49883
₽53439
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
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.

-
-
-
6 442
trade
-
-
-
17 587
income

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

-
-
-
46 891
surtax

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

-
-
-
2 579
total
-
-
-
73 499
Employee

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

36 067
-
155 500
-
health

Our model is based on the assumption that an owner of the company is either a director or registered self-employed, so all social security contributions are not mandatory.

However, you would need to purchase private health insurance. We took an average price of €3600 per annum per person.

6 442
-
6 442
-
income

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

1 007
-
46 891
-
surtax

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

55
-
2 579
-
total
7 504
-
55 912
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
119 433
155 500
-
-
income
17 914
23 326
-
-
chamber of commerce
315
367
-
-
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.

986
1 283
-
-
trade
18 811
24 491
-
-
total
38 026
49 467
-
-
Dividends
81 407
106 034
-
-
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.

1 101
1 439
-
-
withholding
19 994
26 149
-
-
total
21 095
27 588
-
-
Income
155 500
155 500
155 500
155 500
Total tax
66 625
77 055
55 912
73 499
After tax
88 875
78 445
99 588
82 001
Living cost
28 562
28 562
28 562
28 562
Free-cash
60 313
49 883
71 026
53 439

Estimated living cost  is ₽28562 per week

₽17966
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3330
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.
₽6732
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽47161
₽44172
₽47977
₽42951
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
municipal
-
-
-
16 929
pensions
-
-
-
18 660
national
-
-
-
26 233
total
-
-
-
63 494
Employee
76 044
-
134 428
-
pensions
3 042
-
5 377
-
municipal
9 393
-
17 531
-
national
14 555
-
27 166
-
total
26 990
-
50 074
-
Employer
76 044
-
134 428
-
pensions
6 084
-
10 754
-
social contributions
817
-
1 445
-
total
6 901
-
12 199
-
Corporate
67 536
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%.

13 507
31 100
-
-
total
13 507
31 100
-
-
Dividends
54 029
124 400
-
-
withholding
11 886
27 368
-
-
total
11 886
27 368
-
-
Income
155 500
155 500
155 500
155 500
Total tax
59 284
58 468
62 273
63 494
After tax
96 216
97 032
93 227
92 006
Living cost
49 055
49 055
49 055
49 055
Free-cash
47 161
47 977
44 172
42 951

Estimated living cost  is ₽49055 per week

₽33342
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4560
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽734
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10419
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽97047
₽44250
₽104783
₽33131
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

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

-
-
-
155 500
social contributions

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

-
-
-
36 129
income
-
-
-
26 969
surtax
-
-
-
39 653
microenterprise
-
-
-
-
total
-
-
-
102 751
Employee
27 554
-
115 700
-
social contributions

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

3 031
-
12 362
-
income
4 905
-
22 694
-
surtax
-
-
16 776
-
total
7 936
-
51 832
-
Employer
27 554
-
115 700
-
surtax
-
-
12 727
-
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.

6 637
-
27 073
-
total
6 637
-
39 800
-
Corporate
121 309
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%.

24 262
31 099
-
-
total
24 262
31 099
-
-
Dividends

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

97 047
124 401
-
-
total
-
-
-
-
Income
155 500
155 500
155 500
155 500
Total tax
38 835
31 099
91 632
102 751
After tax
116 665
124 401
63 868
52 749
Living cost
19 618
19 618
19 618
19 618
Free-cash
97 047
104 783
44 250
33 131

Estimated living cost  is ₽19618 per week

₽12516
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1868
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽446
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4789
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽31549
₽56501
₽37328
₽47085
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
11 628
income
-
-
-
46 237
pensions
-
-
-
11 048
total
-
-
-
68 913
Employee
80 526
80 526
137 976
-
pensions
14 495
11 048
11 048
-
health
12 360
10 513
11 628
-
income

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

13 181
13 181
19 297
-
total
40 036
34 742
41 973
-
Employer
80 526
80 526
137 976
-
pensions
5 605
5 605
6 966
-
health
5 597
5 597
6 956
-
unemployment
2 899
2 899
3 602
-
total
14 101
14 101
17 524
-
Corporate
61 861
60 873
-
-
income
12 372
12 174
-
-
total
12 372
12 174
-
-
Dividends
49 488
48 699
-
-
income
10 517
10 348
-
-
withholding
7 423
7 305
-
-
total
17 940
17 653
-
-
Income
155 500
155 500
155 500
155 500
Total tax
84 449
78 670
59 497
68 913
After tax
71 051
76 830
96 003
86 587
Living cost
39 502
39 502
39 502
39 502
Free-cash
31 549
37 328
56 501
47 085

Estimated living cost  is ₽39502 per week

₽27994
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3561
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽628
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7319
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽45385
₽41194
₽46253
₽42132
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
169
health
-
-
-
5 286
municipal
-
-
-
39 052
pensions
-
-
-
9 157
other
-
-
-
9 843
unemployment
-
-
-
85
national
-
-
-
11 126
total
-
-
-
74 718
Employee
55 073
-
128 885
-
municipal
16 423
-
38 433
-
national
-
-
10 608
-
total
16 423
-
49 041
-
Employer
55 073
-
128 885
-
pensions
5 953
-
9 157
-
other
6 400
-
9 843
-
health
3 387
-
5 210
-
unemployment
1 454
-
2 236
-
accident
110
-
169
-
total
17 304
-
26 615
-
Corporate
83 123
155 500
-
-
income
18 287
34 210
-
-
total
18 287
34 210
-
-
Dividends
64 836
121 290
-
-
withholding
19 451
36 387
-
-
total
19 451
36 387
-
-
Income
155 500
155 500
155 500
155 500
Total tax
71 465
70 597
75 656
74 718
After tax
84 035
84 903
79 844
80 782
Living cost
38 650
38 650
38 650
38 650
Free-cash
45 385
46 253
41 194
42 132

Estimated living cost  is ₽38650 per week

₽25616
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3793
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽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.
₽8655
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽53850
₽62544
₽40602
₽44177
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
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.

-
-
-
6 442
trade
-
-
-
18 367
income

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

-
-
-
46 891
surtax

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

-
-
-
2 579
total
-
-
-
74 279
Employee

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

47 820
-
155 500
-
health

Our model is based on the assumption that an owner of the company is either a director or registered self-employed, so all social security contributions are not mandatory.

However, you would need to purchase private health insurance. We took an average price of €3600 per annum per person.

6 442
-
6 442
-
income

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

4 109
-
46 891
-
surtax

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

225
-
2 579
-
total
10 776
-
55 912
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
107 680
155 500
-
-
income
16 152
23 326
-
-
chamber of commerce
297
365
-
-
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.

888
1 283
-
-
trade
17 714
25 580
-
-
total
35 051
50 554
-
-
Dividends
72 630
104 946
-
-
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.

979
1 423
-
-
withholding
17 800
25 877
-
-
total
18 779
27 300
-
-
Income
155 500
155 500
155 500
155 500
Total tax
64 606
77 854
55 912
74 279
After tax
90 894
77 646
99 588
81 221
Living cost
37 044
37 044
37 044
37 044
Free-cash
53 850
40 602
62 544
44 177

Estimated living cost  is ₽37044 per week

₽24775
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3906
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽553
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7809
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽78978
₽74833
₽82888
₽76231
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
15 257
health
-
-
-
3 965
income
-
-
-
29 462
total
-
-
-
48 684
Employee
72 510
72 510
144 706
-
health
721
1 233
2 461
-
social contributions
3 523
6 018
8 117
-
income
7 614
6 712
28 710
-
total
11 858
13 963
39 288
-
Employer
72 510
72 510
144 706
-
health
786
1 342
2 677
-
social contributions
3 523
6 018
8 117
-
total
4 309
7 360
10 794
-
Corporate
108 747
75 630
-
-
income
13 593
9 454
-
-
total
13 593
9 454
-
-
Dividends
95 154
66 176
-
-
withholding
16 177
11 250
-
-
total
16 177
11 250
-
-
Income
155 500
155 500
155 500
155 500
Total tax
45 937
42 027
50 082
48 684
After tax
109 563
113 473
105 418
106 816
Living cost
30 585
30 585
30 585
30 585
Free-cash
78 978
82 888
74 833
76 231

Estimated living cost  is ₽30585 per week

₽20908
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2389
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽514
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6775
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽70366
₽72770
₽70004
₽90349
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
income
-
-
-
19 010
pensions
-
-
-
15 550
unemployment
-
-
-
2 332
total
-
-
-
47 777
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.

25 080
9 981
130 126
-
unemployment
376
150
1 952
-
pensions
2 508
998
13 013
-
health
1 756
699
9 109
-
income
3 066
1 220
15 908
-
total
7 706
3 067
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.

25 080
9 981
130 126
-
pensions
4 891
1 946
25 374
-
total
4 891
1 946
25 374
-
Corporate
125 530
143 572
-
-
income
11 298
12 922
-
-
total
11 298
12 922
-
-
Dividends
114 232
130 651
-
-
social contributions
22 161
25 363
-
-
withholding
21 704
24 824
-
-
total
43 865
50 187
-
-
Income
155 500
155 500
155 500
155 500
Total tax
67 760
68 122
65 356
47 777
After tax
87 740
87 378
90 144
107 723
Living cost
17 374
17 374
17 374
17 374
Free-cash
70 366
70 004
72 770
90 349

Estimated living cost  is ₽17374 per week

₽11856
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1422
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽347
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3749
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽95765
₽66852
₽101625
₽60570
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
20 216
income
-
-
-
20 837
pensions
-
-
-
31 101
total
-
-
-
72 154
Employee
26 751
-
116 218
-
unemployment
428
-
1 859
-
pensions
535
-
2 325
-
income
3 012
-
22 406
-
total
3 975
-
26 590
-
Employer
26 751
-
116 218
-
pensions
5 351
-
23 243
-
health
3 477
-
15 108
-
unemployment
215
-
931
-
total
9 043
-
39 282
-
Corporate
119 707
155 500
-
-
income
23 941
31 099
-
-
total
23 941
31 099
-
-
Dividends
95 766
124 401
-
-
total
-
-
-
-
Income
155 500
155 500
155 500
155 500
Total tax
36 959
31 099
65 872
72 154
After tax
118 541
124 401
89 628
83 346
Living cost
22 776
22 776
22 776
22 776
Free-cash
95 765
101 625
66 852
60 570

Estimated living cost  is ₽22776 per week

₽15622
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1356
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽458
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5340
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽9377
₽63036
-₽8393
₽85358
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
241
health
-
-
-
2 081
income
-
-
-
42 510
pensions
-
-
-
3 969
other
-
-
-
354
total
-
-
-
49 155
Employee
33 014
-
139 252
-
pensions
3 718
-
7 278
-
health
3 780
-
15 945
-
income
4 529
-
32 006
-
total
12 027
-
55 229
-
Employer
33 014
-
139 252
-
pensions
5 368
-
10 510
-
unemployment
809
-
3 412
-
accident
551
-
2 326
-
total
6 728
-
16 248
-
Corporate
115 757
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.

104 181
139 950
-
-
total
104 181
139 950
-
-
Dividends
11 576
15 550
-
-
withholding
2 199
2 955
-
-
total
2 199
2 955
-
-
Income
155 500
155 500
155 500
155 500
Total tax
125 135
142 905
71 477
49 155
After tax
30 365
12 595
84 023
106 345
Living cost
20 988
20 988
20 988
20 988
Free-cash
9 377
-8 393
63 036
85 358

Estimated living cost  is ₽20988 per week

₽15382
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1163
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽438
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4005
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽138477
₽116612
₽139937
₽146157
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
9 735
-
155 500
-
income
1 947
-
31 100
-
total
1 947
-
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%.

145 765
155 500
-
-
total
-
-
-
-
Dividends
145 765
155 500
-
-
withholding
7 288
7 775
-
-
total
7 288
7 775
-
-
Income
155 500
155 500
155 500
155 500
Total tax
9 235
7 775
31 100
1 555
After tax
146 265
147 725
124 400
153 945
Living cost
7 788
7 788
7 788
7 788
Free-cash
138 477
139 937
116 612
146 157

Estimated living cost  is ₽7788 per week

₽4826
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽647
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽214
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2100
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽82749
₽63259
₽89122
₽59836
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
6 310
income
-
-
-
23 002
pensions

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

-
-
-
34 415
other
-
-
-
6 811
total
-
-
-
70 538
Employee
34 238
-
124 200
-
unemployment
342
-
1 242
-
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.

2 396
-
8 693
-
health
480
-
1 739
-
income
5 895
-
24 142
-
total
9 113
-
35 816
-
Employer
34 238
-
124 200
-
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.

5 821
-
21 114
-
other
1 713
-
6 211
-
health
480
-
1 739
-
unemployment
342
-
1 242
-
accident
274
-
993
-
total
8 630
-
31 299
-
Corporate
112 633
155 500
-
-
income
23 653
32 654
-
-
total
23 653
32 654
-
-
Dividends
88 980
122 846
-
-
withholding
6 229
8 598
-
-
total
6 229
8 598
-
-
Income
155 500
155 500
155 500
155 500
Total tax
47 625
41 252
67 115
70 538
After tax
107 875
114 248
88 385
84 962
Living cost
25 126
25 126
25 126
25 126
Free-cash
82 749
89 122
63 259
59 836

Estimated living cost  is ₽25126 per week

₽17753
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1696
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽404
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5272
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽42080
₽27789
₽40811
₽41905
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
43 684
pensions
-
-
-
8 164
total
-
-
-
51 848
Employee
87 363
-
135 905
-
pensions
8 428
-
10 094
-
health
1 440
-
1 999
-
income
15 748
-
34 276
-
total
25 616
-
46 369
-
Employer
87 363
-
135 905
-
pensions
10 315
-
17 013
-
health
1 659
-
2 582
-
total
11 974
-
19 595
-
Corporate
56 163
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.

10 671
29 544
-
-
total
10 671
29 544
-
-
Dividends
45 492
125 956
-
-
withholding
3 412
23 398
-
-
total
3 412
23 398
-
-
Income
155 500
155 500
155 500
155 500
Total tax
51 673
52 942
65 964
51 848
After tax
103 827
102 558
89 536
103 652
Living cost
61 747
61 747
61 747
61 747
Free-cash
42 080
40 811
27 789
41 905

Estimated living cost  is ₽61747 per week

₽46268
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽7255
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽502
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7723
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽116212
₽117005
₽120592
₽111021
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
3 787
income
-
-
-
23 325
pensions

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

-
-
-
4 874
unemployment
-
-
-
132
total
-
-
-
32 118
Employee
16 368
-
149 039
-
accident

We are using the highest rate at 1.1%.

180
-
362
-
pensions

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

1 437
-
2 892
-
health
753
-
1 515
-
income
1 637
-
14 904
-
total
4 007
-
19 673
-
Employer
16 368
-
149 039
-
pensions

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

1 804
-
3 629
-
health
1 130
-
2 272
-
unemployment
98
-
198
-
accident

We are using the highest rate at 1.1%.

180
-
362
-
total
3 212
-
6 461
-
Corporate
135 920
155 500
-
-
income
13 592
15 550
-
-
total
13 592
15 550
-
-
Dividends
122 328
139 950
-
-
withholding
6 116
6 997
-
-
total
6 116
6 997
-
-
Income
155 500
155 500
155 500
155 500
Total tax
26 927
22 547
26 134
32 118
After tax
128 573
132 953
129 366
123 382
Living cost
12 361
12 361
12 361
12 361
Free-cash
116 212
120 592
117 005
111 021

Estimated living cost  is ₽12361 per week

₽7217
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽883
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽327
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3934
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Varna model

Close
Amsterdam , Netherlands
₽26912
₽43714
₽24541
₽34298
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
11 628
income
-
-
-
46 237
pensions
-
-
-
11 048
total
-
-
-
68 913
Employee
87 425
80 526
137 976
-
pensions
11 048
11 048
11 048
-
health
10 907
10 513
11 628
-
income

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

13 181
13 181
19 297
-
total
35 136
34 742
41 973
-
Employer
87 425
80 526
137 976
-
pensions
6 084
5 605
6 966
-
health
6 075
5 597
6 956
-
unemployment
3 148
2 899
3 602
-
total
15 307
14 101
17 524
-
Corporate
52 768
60 873
-
-
income
10 554
12 174
-
-
total
10 554
12 174
-
-
Dividends
42 213
48 699
-
-
income
8 971
10 348
-
-
withholding
6 331
7 305
-
-
total
15 302
17 653
-
-
Income
155 500
155 500
155 500
155 500
Total tax
76 299
78 670
59 497
68 913
After tax
79 201
76 830
96 003
86 587
Living cost
52 289
52 289
52 289
52 289
Free-cash
26 912
24 541
43 714
34 298

Estimated living cost  is ₽52289 per week

₽38572
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4671
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽599
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8448
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽75333
₽55702
₽83676
₽62341
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
33 652
health
-
-
-
20 993
income
-
-
-
15 128
solidarity contribution
-
-
-
-
total
-
-
-
69 773
Employee
34 392
-
116 228
-
solidarity contribution
-
-
-
-
health
4 643
-
15 691
-
social contributions
2 235
-
7 491
-
income
4 127
-
13 957
-
total
11 005
-
37 139
-
Employer
34 392
-
116 228
-
health
3 095
-
10 461
-
social contributions
8 598
-
28 812
-
total
11 693
-
39 273
-
Corporate
109 415
155 500
-
-
income
20 789
29 545
-
-
total
20 789
29 545
-
-
Dividends
88 626
125 955
-
-
withholding
13 294
18 893
-
-
total
13 294
18 893
-
-
Income
155 500
155 500
155 500
155 500
Total tax
56 781
48 438
76 412
69 773
After tax
98 719
107 062
79 088
85 727
Living cost
23 386
23 386
23 386
23 386
Free-cash
75 333
83 676
55 702
62 341

Estimated living cost  is ₽23386 per week

₽16244
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1664
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽460
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5018
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽38250
₽28122
₽43176
₽35149
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
39 995
municipal
-
-
-
923
regional
-
-
-
1 824
national
-
-
-
37 819
total
-
-
-
80 561
Employee
83 806
-
155 500
-
regional
791
-
1 609
-
municipal
444
-
825
-
national
14 522
-
32 719
-
social contributions
28 259
-
52 435
-
total
44 016
-
87 588
-
Employer
83 806
-
155 500
-
total
-
-
-
-
Corporate
71 694
155 500
-
-
municipal
2 797
6 065
-
-
nationa
17 208
37 319
-
-
total
20 005
43 384
-
-
Dividends
51 690
112 116
-
-
withholding
13 439
29 150
-
-
total
13 439
29 150
-
-
Income
155 500
155 500
155 500
155 500
Total tax
77 460
72 534
87 588
80 561
After tax
78 040
82 966
67 912
74 939
Living cost
39 790
39 790
39 790
39 790
Free-cash
38 250
43 176
28 122
35 149

Estimated living cost  is ₽39790 per week

₽27737
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2609
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽610
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8833
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽74067
₽47037
₽77002
₽52916
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
8 935
income
-
-
-
41 288
surtax
-
-
-
6 167
pensions
-
-
-
25 171
other
-
-
-
-
unemployment
-
-
-
215
total
-
-
-
81 776
Employee
31 184
-
129 009
-
unemployment
2 171
-
8 759
-
pensions
2 079
-
8 394
-
health
796
-
3 209
-
income
5 227
-
35 648
-
other
-
-
-
-
surtax
102
-
5 154
-
total
10 375
-
61 164
-
Employer
31 184
-
129 009
-
pensions
4 157
-
16 776
-
other
-
-
-
-
health
1 419
-
5 726
-
unemployment
988
-
3 989
-
total
6 564
-
26 491
-
Corporate
117 753
155 500
-
-
income
30 616
40 429
-
-
total
30 616
40 429
-
-
Dividends
87 137
115 071
-
-
withholding
13 070
17 261
-
-
total
13 070
17 261
-
-
Income
155 500
155 500
155 500
155 500
Total tax
60 625
57 690
87 655
81 776
After tax
94 875
97 810
67 845
73 724
Living cost
20 808
20 808
20 808
20 808
Free-cash
74 067
77 002
47 037
52 916

Estimated living cost  is ₽20808 per week

₽12723
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1920
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.
₽5685
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽66473
₽47352
₽60374
₽61468
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
43 684
pensions
-
-
-
8 164
total
-
-
-
51 848
Employee
58 548
-
135 905
-
pensions
4 969
-
10 094
-
health
850
-
1 999
-
income
10 545
-
34 276
-
total
16 364
-
46 369
-
Employer
58 548
-
135 905
-
pensions
6 338
-
17 013
-
health
1 112
-
2 582
-
total
7 450
-
19 595
-
Corporate
89 502
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.

17 005
29 544
-
-
total
17 005
29 544
-
-
Dividends
72 497
125 956
-
-
withholding
6 024
23 398
-
-
total
6 024
23 398
-
-
Income
155 500
155 500
155 500
155 500
Total tax
46 843
52 942
65 964
51 848
After tax
108 657
102 558
89 536
103 652
Living cost
42 184
42 184
42 184
42 184
Free-cash
66 473
60 374
47 352
61 468

Estimated living cost  is ₽42184 per week

₽31604
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3162
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽441
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6976
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽28216
₽44297
-₽3861
₽51856
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
350
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
regional
-
-
-
7 218
city
-
-
-
1 639
national
-
-
-
2 055
total
-
-
-
28 678
Employee
87 730
-
139 180
-
unemployment
-
-
-
-
pensions
7 370
-
11 691
-
regional
2 873
-
6 250
-
national
415
-
1 697
-
health
198
-
314
-
city
942
-
1 496
-
total
11 798
-
21 448
-
Employer
87 730
-
139 180
-
pensions
7 370
-
11 691
-
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.

1 754
-
2 784
-
health
198
-
314
-
unemployment
-
-
-
-
total
9 322
-
14 789
-
Corporate
57 483
155 500
-
-
regional
12 157
32 888
-
-
national
4 887
13 218
-
-
total
17 044
46 106
-
-
Dividends
40 439
109 394
-
-
withholding
14 154
38 289
-
-
total
14 154
38 289
-
-
Income
155 500
155 500
155 500
155 500
Total tax
52 318
84 395
36 237
28 678
After tax
103 182
71 105
119 263
126 822
Living cost
74 966
74 966
74 966
74 966
Free-cash
28 216
-3 861
44 297
51 856

Estimated living cost  is ₽74966 per week

₽48749
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽6727
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽920
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽18569
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽48938
₽56390
₽33649
₽37241
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
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.

-
-
-
6 442
trade
-
-
-
19 149
income

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

-
-
-
46 891
surtax

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

-
-
-
2 579
total
-
-
-
75 061
Employee

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

56 671
-
155 500
-
health

Our model is based on the assumption that an owner of the company is either a director or registered self-employed, so all social security contributions are not mandatory.

However, you would need to purchase private health insurance. We took an average price of €3600 per annum per person.

6 442
-
6 442
-
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.

6 664
-
46 891
-
surtax

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

367
-
2 579
-
total
13 473
-
55 912
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
98 829
155 500
-
-
income
14 824
23 326
-
-
chamber of commerce
283
361
-
-
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.

816
1 283
-
-
trade
16 950
26 668
-
-
total
32 873
51 638
-
-
Dividends
65 957
103 861
-
-
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.

888
1 408
-
-
withholding
16 130
25 607
-
-
total
17 018
27 015
-
-
Income
155 500
155 500
155 500
155 500
Total tax
63 364
78 653
55 912
75 061
After tax
92 136
76 847
99 588
80 439
Living cost
43 198
43 198
43 198
43 198
Free-cash
48 938
33 649
56 390
37 241

Estimated living cost  is ₽43198 per week

₽31550
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3455
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽562
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7632
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽51680
₽54368
₽46112
₽55537
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
4 431
health
-
-
-
6 245
income
-
-
-
23 465
surtax
-
-
-
-
pensions
-
-
-
28 739
other
-
-
-
4 821
total
-
-
-
67 701
Employee
40 358
-
121 085
-
pensions
4 563
-
8 113
-
social contributions
1 151
-
3 450
-
income
2 382
-
22 892
-
surtax
-
-
-
-
total
8 096
-
34 455
-
Employer
40 358
-
121 085
-
pensions
6 630
-
13 715
-
other
1 392
-
4 592
-
health
2 826
-
10 842
-
unemployment
1 634
-
4 903
-
social contributions
122
-
363
-
total
12 604
-
34 415
-
Corporate
102 539
155 500
-
-
income
28 710
43 540
-
-
surtax
-
-
-
-
total
28 710
43 540
-
-
Dividends
73 829
111 960
-
-
surtax
-
-
-
-
social contributions
12 698
19 256
-
-
withholding
9 450
14 330
-
-
total
22 148
33 586
-
-
Income
155 500
155 500
155 500
155 500
Total tax
71 558
77 126
68 870
67 701
After tax
83 942
78 374
86 630
87 799
Living cost
32 262
32 262
32 262
32 262
Free-cash
51 680
46 112
54 368
55 537

Estimated living cost  is ₽32262 per week

₽20343
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2623
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽549
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8749
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽54545
₽57564
₽49308
₽58733
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
4 431
health
-
-
-
6 245
income
-
-
-
23 465
surtax
-
-
-
-
pensions
-
-
-
28 739
other
-
-
-
4 821
total
-
-
-
67 701
Employee
36 025
-
121 085
-
pensions
4 075
-
8 113
-
social contributions
1 027
-
3 450
-
income
1 857
-
22 892
-
surtax
-
-
-
-
total
6 959
-
34 455
-
Employer
36 025
-
121 085
-
pensions
5 920
-
13 715
-
other
1 244
-
4 592
-
health
2 521
-
10 842
-
unemployment
1 458
-
4 903
-
social contributions
107
-
363
-
total
11 250
-
34 415
-
Corporate
108 225
155 500
-
-
income
30 303
43 540
-
-
surtax
-
-
-
-
total
30 303
43 540
-
-
Dividends
77 922
111 960
-
-
surtax
-
-
-
-
social contributions
13 403
19 256
-
-
withholding
9 974
14 330
-
-
total
23 377
33 586
-
-
Income
155 500
155 500
155 500
155 500
Total tax
71 889
77 126
68 870
67 701
After tax
83 611
78 374
86 630
87 799
Living cost
29 066
29 066
29 066
29 066
Free-cash
54 545
49 308
57 564
58 733

Estimated living cost  is ₽29066 per week

₽16857
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2953
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽551
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8706
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽75363
₽76972
₽74874
₽79867
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
21 459
health
-
-
-
10 853
income
-
-
-
23 326
total
-
-
-
55 638
Employee
31 972
-
155 500
-
health
2 231
-
10 853
-
social contributions
4 413
-
21 459
-
income
5 333
-
26 221
-
total
11 977
-
58 533
-
Employer
31 972
-
155 500
-
total
-
-
-
-
Corporate
123 528
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%.

6 177
7 775
-
-
total
6 177
7 775
-
-
Dividends
117 350
147 725
-
-
health
8 190
10 311
-
-
social contributions
16 195
20 386
-
-
withholding
17 603
22 159
-
-
total
41 988
52 856
-
-
Income
155 500
155 500
155 500
155 500
Total tax
60 142
60 631
58 533
55 638
After tax
95 358
94 869
96 967
99 862
Living cost
19 995
19 995
19 995
19 995
Free-cash
75 363
74 874
76 972
79 867

Estimated living cost  is ₽19995 per week

₽13382
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1233
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽460
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4919
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽51451
₽7860
₽52914
₽46553
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
8 427
surtax
-
-
-
186
income
-
-
-
40 320
chamber of commerce
-
-
-
623
pensions
-
-
-
20 380
unemployment
-
-
-
5 784
total
-
-
-
75 720
Employee
47 125
37 579
122 695
-
unemployment
1 414
1 127
3 305
-
pensions
4 826
3 847
11 281
-
health
1 823
1 455
4 263
-
income
5 365
2 772
31 879
-
other
471
376
1 102
-
total
13 899
9 577
51 830
-
Employer
47 125
37 579
122 695
-
chamber of commerce
188
150
490
-
pensions
5 914
4 717
13 825
-
other
2 239
1 784
5 721
-
health
1 781
1 421
4 164
-
unemployment
1 414
1 127
3 305
-
accident
612
489
1 432
-
surtax
186
186
186
-
payroll
1 414
1 127
3 681
-
total
13 748
11 001
32 804
-
Corporate
94 628
106 920
119 117
-
income

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

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

23 657
26 729
29 779
-
total
23 657
26 729
29 779
-
Dividends
70 971
80 190
-
-
withholding
19 518
22 052
-
-
total
19 518
22 052
-
-
Income
155 500
155 500
155 500
155 500
Total tax
70 822
69 359
114 413
75 720
After tax
84 678
86 141
41 087
79 780
Living cost
33 227
33 227
33 227
33 227
Free-cash
51 451
52 914
7 860
46 553

Estimated living cost  is ₽33227 per week

₽22161
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2835
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽546
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7686
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽38464
₽20956
₽52606
₽32964
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
23 510
communal

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

-
-
-
7 920
national
-
-
-
56 724
total
-
-
-
88 154
Employee

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

67 451
-
120 439
-
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.

587
-
1 049
-
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.

5 059
-
9 033
-
national
20 737
-
43 078
-
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.

3 169
-
5 660
-
communal

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

3 518
-
6 281
-
total
33 070
-
65 101
-
Employer

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

67 451
-
120 439
-
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.

5 977
-
10 671
-
health

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

4 148
-
7 408
-
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.

984
-
1 759
-
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.

877
-
1 566
-
surtax
7 648
-
13 657
-
total
19 634
-
35 061
-
Corporate
68 415
155 500
-
-
income
13 682
31 099
-
-
surtax
274
623
-
-
total
13 956
31 722
-
-
Dividends
54 459
123 778
-
-
withholding

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

15 994
36 790
-
-
total
15 994
36 790
-
-
Income
155 500
155 500
155 500
155 500
Total tax
82 654
68 512
100 162
88 154
After tax
72 846
86 988
55 338
67 346
Living cost
34 382
34 382
34 382
34 382
Free-cash
38 464
52 606
20 956
32 964

Estimated living cost  is ₽34382 per week

₽22146
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3006
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽539
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8691
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽63064
₽49372
₽69724
₽53330
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
787
income
-
-
-
41 894
pensions
-
-
-
24 734
other
-
-
-
88
unemployment
-
-
-
612
total
-
-
-
68 115
Employee
46 939
-
127 636
-
unemployment
728
-
1 355
-
pensions
2 206
-
4 109
-
income
9 904
-
38 657
-
other
47
-
88
-
total
12 885
-
44 209
-
Employer
46 939
-
127 636
-
pensions
11 077
-
20 627
-
other
374
-
700
-
unemployment
2 582
-
4 807
-
accident
929
-
1 730
-
total
14 962
-
27 864
-
Corporate
93 599
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.

14 040
23 326
-
-
total
14 040
23 326
-
-
Dividends
79 559
132 174
-
-
withholding
16 494
28 395
-
-
total
16 494
28 395
-
-
Income
155 500
155 500
155 500
155 500
Total tax
58 381
51 721
72 073
68 115
After tax
97 119
103 779
83 427
87 385
Living cost
34 055
34 055
34 055
34 055
Free-cash
63 064
69 724
49 372
53 330

Estimated living cost  is ₽34055 per week

₽25078
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2416
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽490
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6070
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽28813
₽33020
₽40367
₽26822
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
1 312
health
-
-
-
10 926
income
-
-
-
24 350
surtax
-
-
-
7 709
pensions
-
-
-
23 308
communal
-
-
-
9 828
total
-
-
-
77 433
Employee
71 410
-
138 901
-
pensions
5 712
-
11 113
-
health
3 178
-
6 181
-
income
6 898
-
28 829
-
surtax
4 377
-
8 512
-
total
20 165
-
54 635
-
Employer
71 410
-
138 901
-
pensions
5 712
-
11 113
-
health
2 178
-
4 236
-
accident
642
-
1 251
-
total
8 532
-
16 600
-
Corporate
75 557
155 500
-
-
income
11 334
23 326
-
-
communal
5 100
10 497
-
-
surtax
793
1 632
-
-
total
17 227
35 455
-
-
Dividends
58 330
120 045
-
-
income
20 769
10 426
-
-
withholding
8 749
18 007
-
-
total
29 518
28 433
-
-
Income
155 500
155 500
155 500
155 500
Total tax
75 442
63 888
71 235
77 433
After tax
80 058
91 612
84 265
78 067
Living cost
51 245
51 245
51 245
51 245
Free-cash
28 813
40 367
33 020
26 822

Estimated living cost  is ₽51245 per week

₽38441
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3105
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽542
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9155
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽73630
₽46665
₽76630
₽52544
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
8 935
income
-
-
-
41 288
surtax
-
-
-
6 167
pensions
-
-
-
25 171
other
-
-
-
-
unemployment
-
-
-
215
total
-
-
-
81 776
Employee
31 756
-
129 009
-
unemployment
2 210
-
8 759
-
pensions
2 119
-
8 394
-
health
811
-
3 209
-
income
5 324
-
35 648
-
other
-
-
-
-
surtax
113
-
5 154
-
total
10 577
-
61 164
-
Employer
31 756
-
129 009
-
pensions
4 234
-
16 776
-
other
-
-
-
-
health
1 444
-
5 726
-
unemployment
1 007
-
3 989
-
total
6 685
-
26 491
-
Corporate
117 059
155 500
-
-
income
30 435
40 429
-
-
total
30 435
40 429
-
-
Dividends
86 623
115 071
-
-
withholding
12 993
17 261
-
-
total
12 993
17 261
-
-
Income
155 500
155 500
155 500
155 500
Total tax
60 690
57 690
87 655
81 776
After tax
94 810
97 810
67 845
73 724
Living cost
21 180
21 180
21 180
21 180
Free-cash
73 630
76 630
46 665
52 544

Estimated living cost  is ₽21180 per week

₽12788
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1841
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽492
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6061
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽54238
₽42026
₽56333
₽49016
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
39 995
municipal
-
-
-
923
regional
-
-
-
2 345
national
-
-
-
37 819
total
-
-
-
81 082
Employee
52 308
-
155 500
-
regional
704
-
2 093
-
municipal
277
-
825
-
national
8 287
-
32 719
-
social contributions
17 639
-
52 435
-
total
26 907
-
88 072
-
Employer
52 308
-
155 500
-
total
-
-
-
-
Corporate
103 192
155 500
-
-
municipal
5 129
7 729
-
-
nationa
24 766
37 319
-
-
total
29 895
45 048
-
-
Dividends
73 297
110 452
-
-
withholding
19 058
28 717
-
-
total
19 058
28 717
-
-
Income
155 500
155 500
155 500
155 500
Total tax
75 860
73 765
88 072
81 082
After tax
79 640
81 735
67 428
74 418
Living cost
25 402
25 402
25 402
25 402
Free-cash
54 238
56 333
42 026
49 016

Estimated living cost  is ₽25402 per week

₽15797
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2573
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽435
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6596
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽67964
₽50270
₽78244
₽56909
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
33 652
health
-
-
-
20 993
income
-
-
-
15 128
solidarity contribution
-
-
-
-
total
-
-
-
69 773
Employee
42 379
-
116 228
-
solidarity contribution
-
-
-
-
health
5 721
-
15 691
-
social contributions
2 755
-
7 491
-
income
5 085
-
13 957
-
total
13 561
-
37 139
-
Employer
42 379
-
116 228
-
health
3 814
-
10 461
-
social contributions
10 595
-
28 812
-
total
14 409
-
39 273
-
Corporate
98 712
155 500
-
-
income
18 755
29 545
-
-
total
18 755
29 545
-
-
Dividends
79 956
125 955
-
-
withholding
11 993
18 893
-
-
total
11 993
18 893
-
-
Income
155 500
155 500
155 500
155 500
Total tax
58 718
48 438
76 412
69 773
After tax
96 782
107 062
79 088
85 727
Living cost
28 818
28 818
28 818
28 818
Free-cash
67 964
78 244
50 270
56 909

Estimated living cost  is ₽28818 per week

₽21431
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1596
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽499
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5292
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽55687
₽11061
₽56157
₽49882
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
8 427
surtax
-
-
-
-
income
-
-
-
40 320
chamber of commerce
-
-
-
623
pensions
-
-
-
20 380
unemployment
-
-
-
5 784
total
-
-
-
75 534
Employee
41 220
37 579
122 867
-
unemployment
1 237
1 127
3 305
-
pensions
4 221
3 847
11 281
-
health
1 594
1 455
4 263
-
income
3 672
2 772
31 951
-
other
412
376
1 102
-
total
11 136
9 577
51 902
-
Employer
41 220
37 579
122 867
-
chamber of commerce
165
150
492
-
pensions
5 173
4 717
13 825
-
other
1 958
1 784
5 728
-
health
1 559
1 421
4 164
-
unemployment
1 237
1 127
3 305
-
accident
535
489
1 432
-
surtax
-
-
-
-
payroll
1 237
1 127
3 686
-
total
11 864
10 815
32 632
-
Corporate
102 418
107 106
119 288
-
income

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

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

25 604
26 776
29 821
-
total
25 604
26 776
29 821
-
Dividends
76 814
80 330
-
-
withholding
21 125
22 091
-
-
total
21 125
22 091
-
-
Income
155 500
155 500
155 500
155 500
Total tax
69 729
69 259
114 355
75 534
After tax
85 771
86 241
41 145
79 966
Living cost
30 084
30 084
30 084
30 084
Free-cash
55 687
56 157
11 061
49 882

Estimated living cost  is ₽30084 per week

₽18047
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3073
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽537
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8428
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽133314
₽112264
₽135589
₽141809
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
15 170
-
155 500
-
income
3 034
-
31 100
-
total
3 034
-
31 100
-
Employer
-
-
-
-
total
-
-
-
-
Corporate

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

140 330
155 500
-
-
total
-
-
-
-
Dividends
140 330
155 500
-
-
withholding
7 016
7 775
-
-
total
7 016
7 775
-
-
Income
155 500
155 500
155 500
155 500
Total tax
10 050
7 775
31 100
1 555
After tax
145 450
147 725
124 400
153 945
Living cost
12 136
12 136
12 136
12 136
Free-cash
133 314
135 589
112 264
141 809

Estimated living cost  is ₽12136 per week

₽8213
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽509
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽407
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3007
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽73881
₽47074
₽81768
₽51193
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
15 300
income
-
-
-
35 082
pensions
-
-
-
28 399
unemployment
-
-
-
233
total
-
-
-
79 014
Employee

The minimum monthly earnings used to calculate contributions are 54% (gradually rising by two percent until reaching 60% by 2021) of the insured's average monthly wage in the last year.

41 698
-
134 551
-
unemployment
59
-
188
-
pensions
6 464
-
20 856
-
health
2 693
-
8 691
-
income
7 191
-
32 450
-
total
16 407
-
62 185
-
Employer

The minimum monthly earnings used to calculate contributions are 54% (gradually rising by two percent until reaching 60% by 2021) of the insured's average monthly wage in the last year.

41 698
-
134 551
-
pensions
3 690
-
11 907
-
health
2 777
-
8 960
-
unemployment
25
-
81
-
total
6 492
-
20 948
-
Corporate
107 309
155 500
-
-
income
20 389
29 546
-
-
total
20 389
29 546
-
-
Dividends
86 920
125 954
-
-
withholding
13 038
18 893
-
-
total
13 038
18 893
-
-
Income
155 500
155 500
155 500
155 500
Total tax
56 326
48 439
83 133
79 014
After tax
99 174
107 061
72 367
76 486
Living cost
25 293
25 293
25 293
25 293
Free-cash
73 881
81 768
47 074
51 193

Estimated living cost  is ₽25293 per week

₽17358
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1621
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽490
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5825
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽8791
₽102237
₽53788
₽66645
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
58 527
-
-
-
social contributions
4 799
-
684
-
income
12 910
-
-
-
total
17 709
-
684
-
Employer
58 527
-
-
-
social contributions
82 523
-
11 761
-
total
82 523
-
11 761
-
Corporate
14 451
155 500
-
-
income
3 179
34 210
-
-
total
3 179
34 210
-
-
Dividends
11 272
121 290
-
-
income
2 480
26 684
-
-
total
2 480
26 684
-
-
Income
155 500
155 500
155 500
155 500
Total tax
105 891
60 894
12 445
48 037
After tax
49 609
94 606
143 055
107 463
Living cost
40 818
40 818
40 818
40 818
Free-cash
8 791
53 788
102 237
66 645

Estimated living cost  is ₽40818 per week

₽26484
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3839
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽520
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9974
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽57920
₽42591
₽58871
₽54111
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

Based on articles 30.º, 31.º and 151.º of CIRS, sole-trader can use 75% of income as a tax base when earnings are below €200,000 per annum.

-
-
-
155 500
social contributions

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

-
-
-
54 037
income
-
-
-
17 774
surtax
-
-
-
-
total
-
-
-
71 811
Employee
43 369
-
125 657
-
social contributions
4 771
-
13 822
-
income
9 021
-
39 666
-
surtax
-
-
-
-
total
13 792
-
53 488
-
Employer
43 369
-
125 657
-
social contributions
10 300
-
29 843
-
total
10 300
-
29 843
-
Corporate
101 830
155 500
-
-
income
21 384
32 654
-
-
surtax
-
-
-
-
total
21 384
32 654
-
-
Dividends
80 446
122 846
-
-
withholding
22 526
34 397
-
-
total
22 526
34 397
-
-
Income
155 500
155 500
155 500
155 500
Total tax
68 002
67 051
83 331
71 811
After tax
87 498
88 449
72 169
83 689
Living cost
29 578
29 578
29 578
29 578
Free-cash
57 920
58 871
42 591
54 111

Estimated living cost  is ₽29578 per week

₽22130
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1745
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽494
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5209
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽39308
₽41086
₽32830
₽42255
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
4 431
health
-
-
-
6 245
income
-
-
-
23 465
surtax
-
-
-
-
pensions
-
-
-
28 739
other
-
-
-
4 821
total
-
-
-
67 701
Employee
59 060
-
121 085
-
pensions
6 680
-
8 113
-
social contributions
1 682
-
3 450
-
income
5 153
-
22 892
-
surtax
-
-
-
-
total
13 515
-
34 455
-
Employer
59 060
-
121 085
-
pensions
9 704
-
13 715
-
other
2 038
-
4 592
-
health
4 134
-
10 842
-
unemployment
2 393
-
4 903
-
social contributions
177
-
363
-
total
18 446
-
34 415
-
Corporate
77 994
155 500
-
-
income
21 839
43 540
-
-
surtax
-
-
-
-
total
21 839
43 540
-
-
Dividends
56 155
111 960
-
-
surtax
-
-
-
-
social contributions
9 660
19 256
-
-
withholding
7 188
14 330
-
-
total
16 848
33 586
-
-
Income
155 500
155 500
155 500
155 500
Total tax
70 648
77 126
68 870
67 701
After tax
84 852
78 374
86 630
87 799
Living cost
45 544
45 544
45 544
45 544
Free-cash
39 308
32 830
41 086
42 255

Estimated living cost  is ₽45544 per week

₽30824
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3726
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽625
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10370
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽108438
₽90675
₽111605
₽86541
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
34 211
income
-
-
-
6 403
total
-
-
-
40 614
Employee
30 316
-
134 631
-
social contributions
1 970
-
8 750
-
income
-
-
6 863
-
total
1 970
-
15 613
-
Employer
30 316
-
134 631
-
social contributions
4 699
-
20 867
-
total
4 699
-
20 867
-
Corporate
120 485
155 500
-
-
income
12 048
15 550
-
-
total
12 048
15 550
-
-
Dividends
108 437
139 950
-
-
total
-
-
-
-
Income
155 500
155 500
155 500
155 500
Total tax
18 717
15 550
36 480
40 614
After tax
136 783
139 950
119 020
114 886
Living cost
28 345
28 345
28 345
28 345
Free-cash
108 438
111 605
90 675
86 541

Estimated living cost  is ₽28345 per week

₽18328
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2137
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.
₽7348
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽49825
-₽49825
-₽49825
₽46931
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
municipal
-
-
-
32 080
pensions
-
-
-
817
labour market
-
-
-
12 375
national
-
-
-
17 912
total
-
-
-
63 184
Employee
191 561
191 561
191 561
-
pensions
272
272
272
-
municipal
40 792
40 792
40 792
-
national
23 403
23 403
23 403
-
labour market
15 303
15 303
15 303
-
total
79 770
79 770
79 770
-
Employer
191 561
191 561
191 561
-
municipal
40 857
40 857
40 857
-
pensions
545
545
545
-
national
23 443
23 443
23 443
-
labour market
15 325
15 325
15 325
-
total
80 170
80 170
80 170
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
155 500
155 500
155 500
155 500
Total tax
159 940
159 940
159 940
63 184
After tax
-4 440
-4 440
-4 440
92 316
Living cost
45 385
45 385
45 385
45 385
Free-cash
-49 825
-49 825
-49 825
46 931

Estimated living cost  is ₽45385 per week

₽31062
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4015
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽698
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9610
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽9424
₽63345
-₽8083
₽85667
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
241
health
-
-
-
2 081
income
-
-
-
42 510
pensions
-
-
-
3 969
other
-
-
-
354
total
-
-
-
49 155
Employee
32 528
-
139 252
-
pensions
3 663
-
7 278
-
health
3 725
-
15 945
-
income
4 462
-
32 006
-
total
11 850
-
55 229
-
Employer
32 528
-
139 252
-
pensions
5 289
-
10 510
-
unemployment
797
-
3 412
-
accident
543
-
2 326
-
total
6 629
-
16 248
-
Corporate
116 343
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.

104 709
139 950
-
-
total
104 709
139 950
-
-
Dividends
11 634
15 550
-
-
withholding
2 210
2 955
-
-
total
2 210
2 955
-
-
Income
155 500
155 500
155 500
155 500
Total tax
125 398
142 905
71 477
49 155
After tax
30 102
12 595
84 023
106 345
Living cost
20 678
20 678
20 678
20 678
Free-cash
9 424
-8 083
63 345
85 667

Estimated living cost  is ₽20678 per week

₽15051
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1179
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽388
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4060
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽64013
₽46044
₽61895
₽65634
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
2 001
municipal
-
-
-
27 629
national
-
-
-
24 033
total
-
-
-
53 663
Employee
49 612
-
130 816
-
unemployment
744
-
1 963
-
pensions
3 348
-
8 829
-
municipal
8 126
-
21 313
-
national
820
-
14 843
-
health
370
-
1 621
-
total
13 408
-
48 569
-
Employer
49 612
-
130 816
-
pensions
8 607
-
22 696
-
health
381
-
1 007
-
unemployment
322
-
850
-
accident
50
-
131
-
total
9 360
-
24 684
-
Corporate
96 528
155 500
-
-
income
19 305
31 099
-
-
total
19 305
31 099
-
-
Dividends

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

57 917
93 301
-
-
national
2 786
9 509
-
-
municipal
10 425
16 794
-
-
total
13 211
26 303
-
-
Income
155 500
155 500
155 500
155 500
Total tax
55 284
57 402
73 253
53 663
After tax
100 216
98 098
82 247
101 837
Living cost
36 203
36 203
36 203
36 203
Free-cash
64 013
61 895
46 044
65 634

Estimated living cost  is ₽36203 per week

₽23648
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3482
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽576
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8498
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽86510
₽83586
₽91641
₽84984
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
15 257
health
-
-
-
3 965
income
-
-
-
29 462
total
-
-
-
48 684
Employee
72 510
72 510
144 706
-
health
562
1 233
2 461
-
social contributions
2 741
6 018
8 117
-
income
7 895
6 712
28 710
-
total
11 198
13 963
39 288
-
Employer
72 510
72 510
144 706
-
health
610
1 342
2 677
-
social contributions
2 741
6 018
8 117
-
total
3 351
7 360
10 794
-
Corporate
119 117
75 630
-
-
income
14 890
9 454
-
-
total
14 890
9 454
-
-
Dividends
104 227
66 176
-
-
withholding
17 719
11 250
-
-
total
17 719
11 250
-
-
Income
155 500
155 500
155 500
155 500
Total tax
47 158
42 027
50 082
48 684
After tax
108 342
113 473
105 418
106 816
Living cost
21 832
21 832
21 832
21 832
Free-cash
86 510
91 641
83 586
84 984

Estimated living cost  is ₽21832 per week

₽13085
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2142
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽483
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6124
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽109001
₽96444
₽113797
₽115357
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
3 413
income
-
-
-
15 733
pensions
-
-
-
5 998
unemployment
-
-
-
27
total
-
-
-
25 171
Employee

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

21 644
-
146 284
-
unemployment
107
-
447
-
pensions
3 246
-
13 421
-
health
1 840
-
7 605
-
income
1 480
-
13 396
-
total
6 673
-
34 869
-
Employer

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

21 644
-
146 284
-
pensions
1 190
-
4 921
-
health
931
-
3 847
-
unemployment
107
-
447
-
total
2 228
-
9 215
-
Corporate
131 628
155 500
-
-
income
11 846
13 995
-
-
total
11 846
13 995
-
-
Dividends
119 781
141 505
-
-
withholding
10 780
12 736
-
-
total
10 780
12 736
-
-
Income
155 500
155 500
155 500
155 500
Total tax
31 527
26 731
44 084
25 171
After tax
123 973
128 769
111 416
130 329
Living cost
14 972
14 972
14 972
14 972
Free-cash
109 001
113 797
96 444
115 357

Estimated living cost  is ₽14972 per week

₽9552
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1079
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽446
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3894
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽73684
₽57496
₽77848
₽61454
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
787
income
-
-
-
41 894
pensions
-
-
-
24 734
other
-
-
-
88
unemployment
-
-
-
612
total
-
-
-
68 115
Employee
34 867
-
127 636
-
unemployment
540
-
1 355
-
pensions
1 639
-
4 109
-
income
6 722
-
38 657
-
other
34
-
88
-
total
8 935
-
44 209
-
Employer
34 867
-
127 636
-
pensions
8 228
-
20 627
-
other
279
-
700
-
unemployment
1 918
-
4 807
-
accident
691
-
1 730
-
total
11 116
-
27 864
-
Corporate
109 517
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.

16 427
23 326
-
-
total
16 427
23 326
-
-
Dividends
93 089
132 174
-
-
withholding
19 407
28 395
-
-
total
19 407
28 395
-
-
Income
155 500
155 500
155 500
155 500
Total tax
55 885
51 721
72 073
68 115
After tax
99 615
103 779
83 427
87 385
Living cost
25 931
25 931
25 931
25 931
Free-cash
73 684
77 848
57 496
61 454

Estimated living cost  is ₽25931 per week

₽17503
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2493
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽455
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5481
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽94875
₽98002
₽95179
₽98134
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
980
income
-
-
-
53 182
pensions
-
-
-
1 351
total
-
-
-
55 513
Employee
2 822
-
153 980
-
unemployment
28
-
68
-
pensions
254
-
608
-
health
141
-
338
-
income
546
-
53 111
-
total
969
-
54 125
-
Employer
2 822
-
153 980
-
pensions
310
-
743
-
health
268
-
642
-
unemployment
56
-
135
-
total
634
-
1 520
-
Corporate
152 044
155 500
-
-
income
33 450
34 210
-
-
total
33 450
34 210
-
-
Dividends
118 594
121 290
-
-
withholding
23 719
24 258
-
-
total
23 719
24 258
-
-
Income
155 500
155 500
155 500
155 500
Total tax
58 772
58 468
55 645
55 513
After tax
96 728
97 032
99 855
99 987
Living cost
1 853
1 853
1 853
1 853
Free-cash
94 875
95 179
98 002
98 134

Estimated living cost  is ₽1853 per week

₽1101
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽150
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽42
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽559
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽91407
₽77920
₽96044
₽77920
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
7 177
income
-
-
-
34 937
pensions
-
-
-
18 116
unemployment
-
-
-
1 045
total
-
-
-
61 275
Employee

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

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

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

24 587
-
143 028
-
unemployment
184
-
523
-
pensions
3 442
-
9 755
-
health
1 266
-
3 588
-
income
3 389
-
34 937
-
total
8 281
-
48 803
-
Employer

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

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

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

24 587
-
143 028
-
pensions
2 950
-
8 361
-
health
1 266
-
3 588
-
unemployment
184
-
523
-
total
4 400
-
12 472
-
Corporate
126 512
155 500
-
-
income
18 977
23 325
-
-
total
18 977
23 325
-
-
Dividends
107 535
132 175
-
-
withholding
16 130
19 826
-
-
total
16 130
19 826
-
-
Income
155 500
155 500
155 500
155 500
Total tax
47 788
43 151
61 275
61 275
After tax
107 712
112 349
94 225
94 225
Living cost
16 305
16 305
16 305
16 305
Free-cash
91 407
96 044
77 920
77 920

Estimated living cost  is ₽16305 per week

₽10978
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1261
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽472
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3594
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽62689
₽46747
₽63027
₽58267
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

Based on articles 30.º, 31.º and 151.º of CIRS, sole-trader can use 75% of income as a tax base when earnings are below €200,000 per annum.

-
-
-
155 500
social contributions

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

-
-
-
54 037
income
-
-
-
17 774
surtax
-
-
-
-
total
-
-
-
71 811
Employee
36 599
-
125 657
-
social contributions
4 026
-
13 822
-
income
7 151
-
39 666
-
surtax
-
-
-
-
total
11 177
-
53 488
-
Employer
36 599
-
125 657
-
social contributions
8 691
-
29 843
-
total
8 691
-
29 843
-
Corporate
110 210
155 500
-
-
income
23 143
32 654
-
-
surtax
-
-
-
-
total
23 143
32 654
-
-
Dividends
87 067
122 846
-
-
withholding
24 378
34 397
-
-
total
24 378
34 397
-
-
Income
155 500
155 500
155 500
155 500
Total tax
67 389
67 051
83 331
71 811
After tax
88 111
88 449
72 169
83 689
Living cost
25 422
25 422
25 422
25 422
Free-cash
62 689
63 027
46 747
58 267

Estimated living cost  is ₽25422 per week

₽18006
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1766
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.
₽5200
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽64301
₽50287
₽70639
₽54245
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
787
income
-
-
-
41 894
pensions
-
-
-
24 734
other
-
-
-
88
unemployment
-
-
-
612
total
-
-
-
68 115
Employee
45 541
-
127 636
-
unemployment
705
-
1 355
-
pensions
2 140
-
4 109
-
income
9 512
-
38 657
-
other
45
-
88
-
total
12 402
-
44 209
-
Employer
45 541
-
127 636
-
pensions
10 748
-
20 627
-
other
365
-
700
-
unemployment
2 505
-
4 807
-
accident
902
-
1 730
-
total
14 520
-
27 864
-
Corporate
95 439
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.

14 316
23 326
-
-
total
14 316
23 326
-
-
Dividends
81 123
132 174
-
-
withholding
16 821
28 395
-
-
total
16 821
28 395
-
-
Income
155 500
155 500
155 500
155 500
Total tax
58 059
51 721
72 073
68 115
After tax
97 441
103 779
83 427
87 385
Living cost
33 140
33 140
33 140
33 140
Free-cash
64 301
70 639
50 287
54 245

Estimated living cost  is ₽33140 per week

₽23800
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2577
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽467
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6297
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽110988
₽113148
₽116735
₽107164
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
3 787
income
-
-
-
23 325
pensions

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

-
-
-
4 874
unemployment
-
-
-
132
total
-
-
-
32 118
Employee
21 476
-
149 039
-
accident

We are using the highest rate at 1.1%.

236
-
362
-
pensions

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

1 885
-
2 892
-
health
988
-
1 515
-
income
2 148
-
14 904
-
total
5 257
-
19 673
-
Employer
21 476
-
149 039
-
pensions

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

2 367
-
3 629
-
health
1 482
-
2 272
-
unemployment
129
-
198
-
accident

We are using the highest rate at 1.1%.

236
-
362
-
total
4 214
-
6 461
-
Corporate
129 811
155 500
-
-
income
12 981
15 550
-
-
total
12 981
15 550
-
-
Dividends
116 830
139 950
-
-
withholding
5 842
6 997
-
-
total
5 842
6 997
-
-
Income
155 500
155 500
155 500
155 500
Total tax
28 294
22 547
26 134
32 118
After tax
127 206
132 953
129 366
123 382
Living cost
16 218
16 218
16 218
16 218
Free-cash
110 988
116 735
113 148
107 164

Estimated living cost  is ₽16218 per week

₽10727
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽929
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽387
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4177
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽55974
₽63182
₽43640
₽47159
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
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.

-
-
-
6 442
trade
-
-
-
16 023
income

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

-
-
-
46 891
surtax

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

-
-
-
2 579
total
-
-
-
71 935
Employee

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

46 919
-
155 500
-
health

Our model is based on the assumption that an owner of the company is either a director or registered self-employed, so all social security contributions are not mandatory.

However, you would need to purchase private health insurance. We took an average price of €3600 per annum per person.

6 442
-
6 442
-
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.

3 858
-
46 891
-
surtax

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

213
-
2 579
-
total
10 513
-
55 912
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
108 581
155 500
-
-
income
16 288
23 326
-
-
chamber of commerce
302
370
-
-
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.

897
1 283
-
-
trade
15 581
22 315
-
-
total
33 068
47 294
-
-
Dividends
75 514
108 206
-
-
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.

1 018
1 467
-
-
withholding
18 521
26 693
-
-
total
19 539
28 160
-
-
Income
155 500
155 500
155 500
155 500
Total tax
63 120
75 454
55 912
71 935
After tax
92 380
80 046
99 588
83 565
Living cost
36 406
36 406
36 406
36 406
Free-cash
55 974
43 640
63 182
47 159

Estimated living cost  is ₽36406 per week

₽25113
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3917
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.
₽6847
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽57215
₽29472
₽55135
₽29472
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
155 500
social contributions
-
-
-
25 698
income
-
-
-
46 614
total
-
-
-
72 312
Employee
73 761
-
155 500
-
social contributions
6 128
-
25 698
-
income
13 918
-
46 614
-
total
20 046
-
72 312
-
Employer
73 761
-
155 500
-
total
-
-
-
-
Corporate
81 739
155 500
-
-
income
10 218
19 437
-
-
total
10 218
19 437
-
-
Dividends
71 521
136 063
-
-
withholding
14 305
27 212
-
-
total
14 305
27 212
-
-
Income
155 500
155 500
155 500
155 500
Total tax
44 569
46 649
72 312
72 312
After tax
110 931
108 851
83 188
83 188
Living cost
53 716
53 716
53 716
53 716
Free-cash
57 215
55 135
29 472
29 472

Estimated living cost  is ₽53716 per week

₽40866
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4377
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽514
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7960
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽65158
₽76980
₽61863
₽88571
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
26 842
health

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

-
-
-
5 857
total
-
-
-
32 699
Employee
43 258
-
151 162
-
social contributions
4 334
-
4 338
-
income
4 694
-
35 614
-
total
9 028
-
39 952
-
Employer
43 258
-
151 162
-
social contributions
4 334
-
4 338
-
total
4 334
-
4 338
-
Corporate
107 908
155 500
-
-
income
37 768
54 425
-
-
total
37 768
54 425
-
-
Dividends
70 139
101 075
-
-
social contributions
4 982
4 982
-
-
total
4 982
4 982
-
-
Income
155 500
155 500
155 500
155 500
Total tax
56 112
59 407
44 290
32 699
After tax
99 388
96 093
111 210
122 801
Living cost
34 230
34 230
34 230
34 230
Free-cash
65 158
61 863
76 980
88 571

Estimated living cost  is ₽34230 per week

₽22547
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2699
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽524
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8459
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽73729
₽55242
₽68264
₽69358
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
43 684
pensions
-
-
-
8 164
total
-
-
-
51 848
Employee
47 074
-
135 905
-
pensions
3 593
-
10 094
-
health
614
-
1 999
-
income
8 572
-
34 276
-
total
12 779
-
46 369
-
Employer
47 074
-
135 905
-
pensions
4 756
-
17 013
-
health
895
-
2 582
-
total
5 651
-
19 595
-
Corporate
102 776
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.

19 528
29 544
-
-
total
19 528
29 544
-
-
Dividends
83 248
125 956
-
-
withholding
9 519
23 398
-
-
total
9 519
23 398
-
-
Income
155 500
155 500
155 500
155 500
Total tax
47 477
52 942
65 964
51 848
After tax
108 023
102 558
89 536
103 652
Living cost
34 294
34 294
34 294
34 294
Free-cash
73 729
68 264
55 242
69 358

Estimated living cost  is ₽34294 per week

₽23526
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3154
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽429
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7184
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽9110
₽61298
-₽10130
₽83620
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
241
health
-
-
-
2 081
income
-
-
-
42 510
pensions
-
-
-
3 969
other
-
-
-
354
total
-
-
-
49 155
Employee
35 748
-
139 252
-
pensions
4 025
-
7 278
-
health
4 093
-
15 945
-
income
4 904
-
32 006
-
total
13 022
-
55 229
-
Employer
35 748
-
139 252
-
pensions
5 812
-
10 510
-
unemployment
876
-
3 412
-
accident
597
-
2 326
-
total
7 285
-
16 248
-
Corporate
112 467
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.

101 221
139 950
-
-
total
101 221
139 950
-
-
Dividends
11 247
15 550
-
-
withholding
2 137
2 955
-
-
total
2 137
2 955
-
-
Income
155 500
155 500
155 500
155 500
Total tax
123 665
142 905
71 477
49 155
After tax
31 835
12 595
84 023
106 345
Living cost
22 725
22 725
22 725
22 725
Free-cash
9 110
-10 130
61 298
83 620

Estimated living cost  is ₽22725 per week

₽16678
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1324
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽458
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4265
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

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

Source of data for Warsaw model

Close
Skopje , Macedonia
₽113710
₽96558
₽118120
₽75829
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
income
-
-
-
25 479
health insurance
-
-
-
11 156
pensions
-
-
-
27 740
unemployment
-
-
-
1 809
work injury
-
-
-
754
total
-
-
-
66 938
Employee

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

20 374
-
155 500
-
unemployment
244
-
905
-
pensions
3 749
-
13 870
-
work injury
102
-
377
-
income
2 037
-
25 479
-
health insurance
1 508
-
5 578
-
total
7 640
-
46 209
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
135 126
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%.

1 351
1 555
-
-
total
1 351
1 555
-
-
Dividends
133 775
153 945
-
-
withholding
20 066
23 092
-
-
total
20 066
23 092
-
-
Income
155 500
155 500
155 500
155 500
Total tax
29 057
24 647
46 209
66 938
After tax
126 443
130 853
109 291
88 562
Living cost
12 734
12 734
12 734
12 734
Free-cash
113 710
118 120
96 558
75 829

Estimated living cost  is ₽12734 per week

₽7889
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽925
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽397
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3522
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽40052
₽28704
₽44343
₽35531
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
39 995
municipal
-
-
-
1 040
regional
-
-
-
3 549
national
-
-
-
37 819
total
-
-
-
82 403
Employee
79 461
-
155 500
-
regional
1 200
-
3 149
-
municipal
474
-
927
-
national
13 428
-
32 719
-
social contributions
26 794
-
52 435
-
total
41 896
-
89 230
-
Employer
79 461
-
155 500
-
total
-
-
-
-
Corporate
76 039
155 500
-
-
municipal
3 665
7 494
-
-
nationa
18 249
37 319
-
-
total
21 914
44 813
-
-
Dividends
54 125
110 686
-
-
withholding
14 072
28 778
-
-
total
14 072
28 778
-
-
Income
155 500
155 500
155 500
155 500
Total tax
77 882
73 591
89 230
82 403
After tax
77 618
81 909
66 270
73 097
Living cost
37 566
37 566
37 566
37 566
Free-cash
40 052
44 343
28 704
35 531

Estimated living cost  is ₽37566 per week

₽26387
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2584
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽567
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8026
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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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