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
₽60797
₽50648
₽71447
₽53674
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
155 500
trade
-
-
-
17 773
income

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

-
-
-
47 389
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.

-
-
-
6 268
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.

-
-
-
2 606
total
-
-
-
74 036
Employee

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

35 092
-
155 500
-
surtax

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

54
-
2 606
-
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.

6 268
-
6 268
-
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.

980
-
47 389
-
total
7 302
-
56 263
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
120 408
155 500
-
-
trade
18 964
24 492
-
-
income
18 062
23 325
-
-
surtax

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

994
1 283
-
-
chamber of commerce
312
362
-
-
total
38 332
49 462
-
-
Dividends
82 077
106 038
-
-
withholding
20 170
26 162
-
-
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.

1 109
1 438
-
-
total
21 279
27 600
-
-
Income
155 500
155 500
155 500
155 500
Total tax
66 913
77 062
56 263
74 036
After tax
88 587
78 438
99 237
81 464
Living cost
27 790
27 790
27 790
27 790
Free-cash
60 797
50 648
71 447
53 674

Estimated living cost  is ₽27790 per week

₽17480
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3240
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽519
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6550
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽48246
₽49044
₽45173
₽43951
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
155 500
social contributions
-
-
-
1 672
pensions
-
-
-
18 660
municipal
-
-
-
16 955
national
-
-
-
26 274
total
-
-
-
63 561
Employee
74 390
-
134 428
-
national
14 238
-
27 206
-
municipal
9 188
-
17 557
-
pensions
2 976
-
5 377
-
total
26 402
-
50 140
-
Employer
74 390
-
134 428
-
pensions
5 951
-
10 754
-
social contributions
800
-
1 445
-
total
6 751
-
12 199
-
Corporate
69 450
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%.

13 890
31 100
-
-
total
13 890
31 100
-
-
Dividends
55 560
124 400
-
-
withholding
12 223
27 368
-
-
total
12 223
27 368
-
-
Income
155 500
155 500
155 500
155 500
Total tax
59 266
58 468
62 339
63 561
After tax
96 234
97 032
93 161
91 939
Living cost
47 988
47 988
47 988
47 988
Free-cash
48 246
49 044
45 173
43 951

Estimated living cost  is ₽47988 per week

₽32617
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4461
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽718
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10192
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽97787
₽105314
₽45422
₽34049
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
35 152
income
-
-
-
27 559
microenterprise
-
-
-
-
surtax
-
-
-
39 653
total
-
-
-
102 364
Employee
26 809
-
116 359
-
surtax
-
-
16 873
-
social contributions

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

2 949
-
12 027
-
income
4 772
-
22 951
-
total
7 721
-
51 851
-
Employer
26 809
-
116 359
-
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.

6 458
-
26 341
-
surtax
-
-
12 799
-
total
6 458
-
39 140
-
Corporate
122 233
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%.

24 447
31 099
-
-
total
24 447
31 099
-
-
Dividends

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

97 787
124 401
-
-
total
-
-
-
-
Income
155 500
155 500
155 500
155 500
Total tax
38 626
31 099
90 991
102 364
After tax
116 874
124 401
64 509
53 136
Living cost
19 087
19 087
19 087
19 087
Free-cash
97 787
105 314
45 422
34 049

Estimated living cost  is ₽19087 per week

₽12177
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1818
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽434
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4659
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽32841
₽38462
₽58055
₽47839
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
155 500
income
-
-
-
47 164
pensions
-
-
-
10 749
health
-
-
-
11 314
total
-
-
-
69 227
Employee
78 349
78 349
138 450
-
health
12 026
10 229
11 314
-
pensions
14 103
10 749
10 749
-
income

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

12 824
12 824
19 897
-
total
38 953
33 802
41 960
-
Employer
78 349
78 349
138 450
-
pensions
5 453
5 453
6 778
-
unemployment
2 821
2 821
3 505
-
health
5 446
5 446
6 768
-
total
13 720
13 720
17 051
-
Corporate
64 393
63 432
-
-
income
12 879
12 686
-
-
total
12 879
12 686
-
-
Dividends
51 514
50 746
-
-
withholding
7 727
7 612
-
-
income
10 946
10 784
-
-
total
18 673
18 396
-
-
Income
155 500
155 500
155 500
155 500
Total tax
84 225
78 604
59 011
69 227
After tax
71 275
76 896
96 489
86 273
Living cost
38 434
38 434
38 434
38 434
Free-cash
32 841
38 462
58 055
47 839

Estimated living cost  is ₽38434 per week

₽27237
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3465
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽611
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7121
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽44981
₽45858
₽40896
₽41843
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
155 500
other
-
-
-
9 944
unemployment
-
-
-
86
pensions
-
-
-
9 250
municipal
-
-
-
38 978
accident
-
-
-
171
national
-
-
-
10 843
health
-
-
-
5 340
total
-
-
-
74 612
Employee
55 635
-
128 613
-
national
-
-
10 319
-
municipal
16 590
-
38 353
-
total
16 590
-
48 672
-
Employer
55 635
-
128 613
-
other
6 465
-
9 944
-
accident
111
-
171
-
pensions
6 014
-
9 250
-
unemployment
1 469
-
2 259
-
health
3 422
-
5 263
-
total
17 481
-
26 887
-
Corporate
82 385
155 500
-
-
income
18 125
34 210
-
-
total
18 125
34 210
-
-
Dividends
64 260
121 290
-
-
withholding
19 278
36 387
-
-
total
19 278
36 387
-
-
Income
155 500
155 500
155 500
155 500
Total tax
71 474
70 597
75 559
74 612
After tax
84 026
84 903
79 941
80 888
Living cost
39 045
39 045
39 045
39 045
Free-cash
44 981
45 858
40 896
41 843

Estimated living cost  is ₽39045 per week

₽25877
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3831
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽593
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8743
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽54489
₽41596
₽63195
₽44632
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
155 500
trade
-
-
-
18 563
income

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

-
-
-
47 389
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.

-
-
-
6 268
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.

-
-
-
2 606
total
-
-
-
74 826
Employee

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

46 527
-
155 500
-
surtax

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

219
-
2 606
-
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.

6 268
-
6 268
-
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.

3 998
-
47 389
-
total
10 485
-
56 263
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
108 973
155 500
-
-
trade
17 926
25 580
-
-
income
16 345
23 325
-
-
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.

898
1 283
-
-
chamber of commerce
294
360
-
-
total
35 463
50 548
-
-
Dividends
73 509
104 951
-
-
withholding
18 029
25 890
-
-
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.

992
1 424
-
-
total
19 021
27 314
-
-
Income
155 500
155 500
155 500
155 500
Total tax
64 969
77 862
56 263
74 826
After tax
90 531
77 638
99 237
80 674
Living cost
36 042
36 042
36 042
36 042
Free-cash
54 489
41 596
63 195
44 632

Estimated living cost  is ₽36042 per week

₽24105
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3801
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽538
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7598
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽79897
₽83700
₽75446
₽76834
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
155 500
social contributions
-
-
-
14 844
income
-
-
-
30 100
health
-
-
-
3 964
total
-
-
-
48 908
Employee
70 549
70 549
144 921
-
health
702
1 200
2 464
-
social contributions
3 428
5 855
7 898
-
income
7 408
6 531
29 355
-
total
11 538
13 586
39 717
-
Employer
70 549
70 549
144 921
-
social contributions
3 428
5 855
7 898
-
health
764
1 306
2 681
-
total
4 192
7 161
10 579
-
Corporate
110 011
77 789
-
-
income
13 751
9 724
-
-
total
13 751
9 724
-
-
Dividends
96 260
68 065
-
-
withholding
16 364
11 571
-
-
total
16 364
11 571
-
-
Income
155 500
155 500
155 500
155 500
Total tax
45 845
42 042
50 296
48 908
After tax
109 655
113 458
105 204
106 592
Living cost
29 758
29 758
29 758
29 758
Free-cash
79 897
83 700
75 446
76 834

Estimated living cost  is ₽29758 per week

₽20343
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2324
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽500
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6592
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽70535
₽70177
₽72945
₽90524
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
155 500
unemployment
-
-
-
2 332
income
-
-
-
19 010
pensions
-
-
-
15 550
health
-
-
-
10 885
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.

24 827
9 881
130 126
-
unemployment
372
148
1 952
-
health
1 738
692
9 109
-
pensions
2 483
988
13 013
-
income
3 035
1 208
15 908
-
total
7 628
3 036
39 982
-
Employer

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

The minimum wage is 138,000 HUF per month.

24 827
9 881
130 126
-
pensions
4 841
1 927
25 374
-
total
4 841
1 927
25 374
-
Corporate
125 831
143 692
-
-
income
11 325
12 932
-
-
total
11 325
12 932
-
-
Dividends
114 506
130 760
-
-
withholding
21 756
24 844
-
-
social contributions
22 216
25 385
-
-
total
43 972
50 229
-
-
Income
155 500
155 500
155 500
155 500
Total tax
67 766
68 124
65 356
47 777
After tax
87 734
87 376
90 144
107 723
Living cost
17 199
17 199
17 199
17 199
Free-cash
70 535
70 177
72 945
90 524

Estimated living cost  is ₽17199 per week

₽11737
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1407
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽344
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3711
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽96540
₽102241
₽67469
₽61188
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
155 500
income
-
-
-
20 837
pensions
-
-
-
31 099
health
-
-
-
20 216
total
-
-
-
72 152
Employee
26 027
-
116 218
-
unemployment
416
-
1 859
-
pensions
521
-
2 324
-
income
2 930
-
22 406
-
total
3 867
-
26 589
-
Employer
26 027
-
116 218
-
pensions
5 206
-
23 243
-
unemployment
209
-
930
-
health
3 383
-
15 109
-
total
8 798
-
39 282
-
Corporate
120 675
155 500
-
-
income
24 135
31 099
-
-
total
24 135
31 099
-
-
Dividends
96 540
124 401
-
-
total
-
-
-
-
Income
155 500
155 500
155 500
155 500
Total tax
36 800
31 099
65 871
72 152
After tax
118 700
124 401
89 629
83 348
Living cost
22 160
22 160
22 160
22 160
Free-cash
96 540
102 241
67 469
61 188

Estimated living cost  is ₽22160 per week

₽15200
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1320
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.
₽5195
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽9433
-₽8024
₽63508
₽85715
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
155 500
other
-
-
-
347
income
-
-
-
42 637
pensions
-
-
-
3 900
accident
-
-
-
237
health
-
-
-
2 044
total
-
-
-
49 165
Employee
32 437
-
139 429
-
health
3 714
-
15 965
-
pensions
3 652
-
7 151
-
income
4 450
-
32 186
-
total
11 816
-
55 302
-
Employer
32 437
-
139 429
-
accident
541
-
2 328
-
pensions
5 274
-
10 326
-
unemployment
795
-
3 416
-
total
6 610
-
16 070
-
Corporate
116 453
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.

104 808
139 950
-
-
total
104 808
139 950
-
-
Dividends
11 645
15 550
-
-
withholding
2 213
2 954
-
-
total
2 213
2 954
-
-
Income
155 500
155 500
155 500
155 500
Total tax
125 447
142 904
71 372
49 165
After tax
30 053
12 596
84 128
106 335
Living cost
20 620
20 620
20 620
20 620
Free-cash
9 433
-8 024
63 508
85 715

Estimated living cost  is ₽20620 per week

₽15113
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1142
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽430
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3935
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽138932
₽140320
₽116995
₽146540
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
9 256
-
155 500
-
income
1 851
-
31 100
-
total
1 851
-
31 100
-
Employer
-
-
-
-
total
-
-
-
-
Corporate

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

146 244
155 500
-
-
total
-
-
-
-
Dividends
146 244
155 500
-
-
withholding
7 312
7 775
-
-
total
7 312
7 775
-
-
Income
155 500
155 500
155 500
155 500
Total tax
9 163
7 775
31 100
1 555
After tax
146 337
147 725
124 400
153 945
Living cost
7 405
7 405
7 405
7 405
Free-cash
138 932
140 320
116 995
146 540

Estimated living cost  is ₽7405 per week

₽4589
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽616
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽204
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽1997
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽83603
₽89798
₽63833
₽61373
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
155 500
other
-
-
-
6 627
income
-
-
-
23 430
pensions

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

-
-
-
33 484
health
-
-
-
6 139
total
-
-
-
69 680
Employee
33 313
-
124 202
-
unemployment
333
-
1 241
-
health
467
-
1 739
-
pensions

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

2 331
-
8 693
-
income
5 735
-
24 250
-
total
8 866
-
35 923
-
Employer
33 313
-
124 202
-
other
1 666
-
6 209
-
accident
266
-
994
-
pensions

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

5 664
-
21 114
-
unemployment
333
-
1 241
-
health
467
-
1 739
-
total
8 396
-
31 297
-
Corporate
113 792
155 500
-
-
income
23 896
32 656
-
-
total
23 896
32 656
-
-
Dividends
89 896
122 844
-
-
withholding
6 292
8 599
-
-
total
6 292
8 599
-
-
Income
155 500
155 500
155 500
155 500
Total tax
47 450
41 255
67 220
69 680
After tax
108 050
114 245
88 280
85 820
Living cost
24 447
24 447
24 447
24 447
Free-cash
83 603
89 798
63 833
61 373

Estimated living cost  is ₽24447 per week

₽17273
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1651
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽393
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5129
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽43003
₽41358
₽28414
₽42520
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
43 899
pensions
-
-
-
8 101
total
-
-
-
52 000
Employee
86 278
-
135 885
-
health
1 422
-
1 990
-
pensions
8 323
-
10 003
-
income
15 553
-
34 497
-
total
25 298
-
46 490
-
Employer
86 278
-
135 885
-
pensions
10 187
-
17 033
-
health
1 639
-
2 582
-
total
11 826
-
19 615
-
Corporate
57 396
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.

10 906
29 545
-
-
total
10 906
29 545
-
-
Dividends
46 490
125 955
-
-
withholding
3 486
23 616
-
-
total
3 486
23 616
-
-
Income
155 500
155 500
155 500
155 500
Total tax
51 516
53 161
66 105
52 000
After tax
103 984
102 339
89 395
103 500
Living cost
60 980
60 980
60 980
60 980
Free-cash
43 003
41 358
28 414
42 520

Estimated living cost  is ₽60980 per week

₽45694
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽7165
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽496
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7627
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽116970
₽121151
₽118043
₽111978
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
155 500
unemployment
-
-
-
126
income
-
-
-
23 325
pensions

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

-
-
-
4 653
health
-
-
-
3 616
total
-
-
-
31 720
Employee
15 627
-
149 331
-
accident

We are using the highest rate at 1.1%.

172
-
346
-
health
719
-
1 446
-
pensions

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

1 372
-
2 761
-
income
1 562
-
14 933
-
total
3 825
-
19 486
-
Employer
15 627
-
149 331
-
accident

We are using the highest rate at 1.1%.

172
-
346
-
pensions

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

1 722
-
3 465
-
unemployment
93
-
189
-
health
1 079
-
2 169
-
total
3 066
-
6 169
-
Corporate
136 806
155 500
-
-
income
13 681
15 550
-
-
total
13 681
15 550
-
-
Dividends
123 126
139 950
-
-
withholding
6 156
6 997
-
-
total
6 156
6 997
-
-
Income
155 500
155 500
155 500
155 500
Total tax
26 728
22 547
25 655
31 720
After tax
128 772
132 953
129 845
123 780
Living cost
11 802
11 802
11 802
11 802
Free-cash
116 970
121 151
118 043
111 978

Estimated living cost  is ₽11802 per week

₽6890
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽843
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽313
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3756
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽28329
₽26021
₽45614
₽35398
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
155 500
income
-
-
-
47 164
pensions
-
-
-
10 749
health
-
-
-
11 314
total
-
-
-
69 227
Employee
85 062
78 349
138 450
-
health
10 612
10 229
11 314
-
pensions
10 749
10 749
10 749
-
income

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

12 824
12 824
19 897
-
total
34 185
33 802
41 960
-
Employer
85 062
78 349
138 450
-
pensions
5 920
5 453
6 778
-
unemployment
3 063
2 821
3 505
-
health
5 911
5 446
6 768
-
total
14 894
13 720
17 051
-
Corporate
55 545
63 432
-
-
income
11 110
12 686
-
-
total
11 110
12 686
-
-
Dividends
44 435
50 746
-
-
withholding
6 665
7 612
-
-
income
9 442
10 784
-
-
total
16 107
18 396
-
-
Income
155 500
155 500
155 500
155 500
Total tax
76 296
78 604
59 011
69 227
After tax
79 204
76 896
96 489
86 273
Living cost
50 875
50 875
50 875
50 875
Free-cash
28 329
26 021
45 614
35 398

Estimated living cost  is ₽50875 per week

₽37529
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4544
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽583
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8220
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽76176
₽84297
₽57009
₽63723
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
155 500
social contributions
-
-
-
32 757
income
-
-
-
15 263
health
-
-
-
20 992
solidarity contribution
-
-
-
-
total
-
-
-
69 012
Employee
33 477
-
116 931
-
solidarity contribution
-
-
-
-
health
4 519
-
15 786
-
social contributions
2 176
-
7 292
-
income
4 017
-
14 078
-
total
10 712
-
37 156
-
Employer
33 477
-
116 931
-
social contributions
8 369
-
28 046
-
health
3 013
-
10 524
-
total
11 382
-
38 570
-
Corporate
110 640
155 500
-
-
income
21 022
29 545
-
-
total
21 022
29 545
-
-
Dividends
89 619
125 955
-
-
withholding
13 443
18 893
-
-
total
13 443
18 893
-
-
Income
155 500
155 500
155 500
155 500
Total tax
56 559
48 438
75 726
69 012
After tax
98 941
107 062
79 774
86 488
Living cost
22 765
22 765
22 765
22 765
Free-cash
76 176
84 297
57 009
63 723

Estimated living cost  is ₽22765 per week

₽15813
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1619
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽448
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4885
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Brno model

Close
Milan , Italy
₽39462
₽44251
₽28936
₽35961
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
155 500
regional
-
-
-
1 829
social contributions
-
-
-
39 994
municipal
-
-
-
925
national
-
-
-
38 077
total
-
-
-
80 825
Employee
81 540
-
155 500
-
national
14 129
-
32 976
-
regional
769
-
1 615
-
municipal
432
-
825
-
social contributions
27 495
-
52 434
-
total
42 825
-
87 850
-
Employer
81 540
-
155 500
-
total
-
-
-
-
Corporate
73 960
155 500
-
-
nationa
17 750
37 320
-
-
municipal
2 885
6 064
-
-
total
20 635
43 384
-
-
Dividends
53 325
112 116
-
-
withholding
13 864
29 151
-
-
total
13 864
29 151
-
-
Income
155 500
155 500
155 500
155 500
Total tax
77 324
72 535
87 850
80 825
After tax
78 176
82 965
67 650
74 675
Living cost
38 714
38 714
38 714
38 714
Free-cash
39 462
44 251
28 936
35 961

Estimated living cost  is ₽38714 per week

₽26987
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2538
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽594
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8594
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽74707
₽77563
₽47761
₽53419
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
155 500
other
-
-
-
-
unemployment
-
-
-
209
income
-
-
-
42 065
pensions
-
-
-
24 490
health
-
-
-
8 693
surtax
-
-
-
6 378
total
-
-
-
81 835
Employee
30 340
-
129 725
-
surtax
99
-
5 329
-
unemployment
2 112
-
8 523
-
other
-
-
-
-
health
775
-
3 122
-
pensions
2 023
-
8 167
-
income
5 086
-
36 577
-
total
10 095
-
61 718
-
Employer
30 340
-
129 725
-
other
-
-
-
-
pensions
4 045
-
16 323
-
unemployment
961
-
3 881
-
health
1 381
-
5 571
-
total
6 387
-
25 775
-
Corporate
118 773
155 500
-
-
income
30 882
40 430
-
-
total
30 882
40 430
-
-
Dividends
87 892
115 070
-
-
withholding
13 183
17 261
-
-
total
13 183
17 261
-
-
Income
155 500
155 500
155 500
155 500
Total tax
60 547
57 691
87 493
81 835
After tax
94 953
97 809
68 007
73 665
Living cost
20 246
20 246
20 246
20 246
Free-cash
74 707
77 563
47 761
53 419

Estimated living cost  is ₽20246 per week

₽12379
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.
₽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.
₽5531
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽66704
₽60679
₽47735
₽61840
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
43 899
pensions
-
-
-
8 101
total
-
-
-
52 000
Employee
57 821
-
135 885
-
health
839
-
1 990
-
pensions
4 908
-
10 003
-
income
10 414
-
34 497
-
total
16 161
-
46 490
-
Employer
57 821
-
135 885
-
pensions
6 259
-
17 033
-
health
1 098
-
2 582
-
total
7 357
-
19 615
-
Corporate
90 321
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.

17 161
29 545
-
-
total
17 161
29 545
-
-
Dividends
73 160
125 955
-
-
withholding
6 457
23 616
-
-
total
6 457
23 616
-
-
Income
155 500
155 500
155 500
155 500
Total tax
47 136
53 161
66 105
52 000
After tax
108 364
102 339
89 395
103 500
Living cost
41 660
41 660
41 660
41 660
Free-cash
66 704
60 679
47 735
61 840

Estimated living cost  is ₽41660 per week

₽31212
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3123
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽436
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6890
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽28804
-₽2828
₽45253
₽52808
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
155 500
other

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

-
-
-
3 110
city
-
-
-
1 639
regional
-
-
-
7 271
pensions
-
-
-
14 304
national
-
-
-
2 085
health
-
-
-
349
total
-
-
-
28 758
Employee
86 521
-
139 183
-
national
410
-
1 725
-
unemployment
-
-
-
-
city
929
-
1 494
-
regional
2 833
-
6 304
-
health
196
-
313
-
pensions
7 269
-
11 690
-
total
11 637
-
21 526
-
Employer
86 521
-
139 183
-
other

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

1 730
-
2 784
-
pensions
7 269
-
11 690
-
unemployment
-
-
-
-
health
196
-
313
-
total
9 195
-
14 787
-
Corporate
58 833
155 500
-
-
regional
12 443
32 889
-
-
national
5 002
13 218
-
-
total
17 445
46 107
-
-
Dividends
41 388
109 393
-
-
withholding
14 485
38 287
-
-
total
14 485
38 287
-
-
Income
155 500
155 500
155 500
155 500
Total tax
52 762
84 394
36 313
28 758
After tax
102 738
71 106
119 187
126 742
Living cost
73 934
73 934
73 934
73 934
Free-cash
28 804
-2 828
45 253
52 808

Estimated living cost  is ₽73934 per week

₽48078
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽6635
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽908
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽18313
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽49687
₽34808
₽57207
₽37855
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
155 500
trade
-
-
-
19 352
income

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

-
-
-
47 389
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.

-
-
-
6 268
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.

-
-
-
2 606
total
-
-
-
75 615
Employee

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

55 139
-
155 500
-
surtax

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

357
-
2 606
-
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.

6 268
-
6 268
-
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.

6 484
-
47 389
-
total
13 109
-
56 263
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
100 361
155 500
-
-
trade
17 212
26 668
-
-
income
15 053
23 325
-
-
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.

829
1 283
-
-
chamber of commerce
280
359
-
-
total
33 374
51 635
-
-
Dividends
66 987
103 865
-
-
withholding
16 398
25 618
-
-
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.

902
1 409
-
-
total
17 300
27 027
-
-
Income
155 500
155 500
155 500
155 500
Total tax
63 783
78 662
56 263
75 615
After tax
91 717
76 838
99 237
79 885
Living cost
42 030
42 030
42 030
42 030
Free-cash
49 687
34 808
57 207
37 855

Estimated living cost  is ₽42030 per week

₽30697
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3362
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽547
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7426
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

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
₽52399
₽46982
₽54739
₽56337
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
155 500
other
-
-
-
4 821
social contributions
-
-
-
4 431
income
-
-
-
23 826
pensions
-
-
-
28 310
health
-
-
-
6 385
surtax
-
-
-
-
total
-
-
-
67 773
Employee
39 267
-
120 832
-
surtax
-
-
-
-
pensions
4 440
-
8 201
-
social contributions
1 120
-
3 442
-
income
2 317
-
23 065
-
total
7 877
-
34 708
-
Employer
39 267
-
120 832
-
other
1 355
-
4 627
-
pensions
6 451
-
13 840
-
unemployment
1 590
-
4 894
-
social contributions
118
-
362
-
health
2 749
-
10 940
-
total
12 263
-
34 663
-
Corporate
103 971
155 500
-
-
income
29 113
43 539
-
-
surtax
-
-
-
-
total
29 113
43 539
-
-
Dividends
74 858
111 961
-
-
withholding
9 581
14 331
-
-
social contributions
12 877
19 258
-
-
surtax
-
-
-
-
total
22 458
33 589
-
-
Income
155 500
155 500
155 500
155 500
Total tax
71 711
77 128
69 371
67 773
After tax
83 789
78 372
86 129
87 727
Living cost
31 390
31 390
31 390
31 390
Free-cash
52 399
46 982
54 739
56 337

Estimated living cost  is ₽31390 per week

₽19793
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2552
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽535
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8512
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽55193
₽50092
₽57849
₽59447
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
155 500
other
-
-
-
4 821
social contributions
-
-
-
4 431
income
-
-
-
23 826
pensions
-
-
-
28 310
health
-
-
-
6 385
surtax
-
-
-
-
total
-
-
-
67 773
Employee
35 051
-
120 832
-
surtax
-
-
-
-
pensions
3 964
-
8 201
-
social contributions
999
-
3 442
-
income
1 807
-
23 065
-
total
6 770
-
34 708
-
Employer
35 051
-
120 832
-
other
1 210
-
4 627
-
pensions
5 760
-
13 840
-
unemployment
1 419
-
4 894
-
social contributions
104
-
362
-
health
2 453
-
10 940
-
total
10 946
-
34 663
-
Corporate
109 503
155 500
-
-
income
30 660
43 539
-
-
surtax
-
-
-
-
total
30 660
43 539
-
-
Dividends
78 842
111 961
-
-
withholding
10 091
14 331
-
-
social contributions
13 560
19 258
-
-
surtax
-
-
-
-
total
23 651
33 589
-
-
Income
155 500
155 500
155 500
155 500
Total tax
72 027
77 128
69 371
67 773
After tax
83 473
78 372
86 129
87 727
Living cost
28 280
28 280
28 280
28 280
Free-cash
55 193
50 092
57 849
59 447

Estimated living cost  is ₽28280 per week

₽16401
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2873
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽536
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8470
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽75889
₽75413
₽77379
₽80407
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
income
-
-
-
23 325
health
-
-
-
10 854
total
-
-
-
55 638
Employee
31 108
-
155 500
-
health
2 171
-
10 854
-
social contributions
4 294
-
21 459
-
income
5 188
-
26 353
-
total
11 653
-
58 666
-
Employer
31 108
-
155 500
-
total
-
-
-
-
Corporate
124 392
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%.

6 219
7 776
-
-
total
6 219
7 776
-
-
Dividends
118 173
147 724
-
-
health
8 249
10 311
-
-
withholding
17 726
22 159
-
-
social contributions
16 309
20 386
-
-
total
42 284
52 856
-
-
Income
155 500
155 500
155 500
155 500
Total tax
60 156
60 632
58 666
55 638
After tax
95 344
94 868
96 834
99 862
Living cost
19 455
19 455
19 455
19 455
Free-cash
75 889
75 413
77 379
80 407

Estimated living cost  is ₽19455 per week

₽13020
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1200
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽447
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4786
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽52350
₽53770
₽8940
₽47466
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
155 500
chamber of commerce
-
-
-
622
unemployment
-
-
-
5 627
income
-
-
-
41 248
pensions
-
-
-
19 829
health
-
-
-
8 199
surtax
-
-
-
181
total
-
-
-
75 706
Employee
45 851
36 563
123 297
-
unemployment
1 375
1 097
3 216
-
other
458
366
1 073
-
health
1 774
1 416
4 147
-
pensions
4 696
3 743
10 976
-
income
5 220
2 697
32 663
-
total
13 523
9 319
52 075
-
Employer
45 851
36 563
123 297
-
payroll
1 375
1 097
3 698
-
other
2 178
1 736
5 719
-
accident
595
475
1 393
-
pensions
5 754
4 589
13 452
-
unemployment
1 375
1 097
3 216
-
chamber of commerce
183
146
493
-
surtax
181
181
181
-
health
1 732
1 382
4 051
-
total
13 373
10 703
32 203
-
Corporate
96 274
108 233
119 815
-
income

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

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

24 069
27 058
29 954
-
total
24 069
27 058
29 954
-
Dividends
72 205
81 175
-
-
withholding
19 857
22 322
-
-
total
19 857
22 322
-
-
Income
155 500
155 500
155 500
155 500
Total tax
70 822
69 402
114 232
75 706
After tax
84 678
86 098
41 268
79 794
Living cost
32 328
32 328
32 328
32 328
Free-cash
52 350
53 770
8 940
47 466

Estimated living cost  is ₽32328 per week

₽21562
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2758
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽531
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7478
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

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
₽39767
₽53527
₽21635
₽33925
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
155 500
social contributions
-
-
-
22 874
national
-
-
-
57 292
communal

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

-
-
-
7 957
total
-
-
-
88 123
Employee

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

65 628
-
120 438
-
national
20 177
-
43 327
-
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.

571
-
1 048
-
health

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

3 083
-
5 662
-
pensions

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

4 922
-
9 033
-
communal

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

3 423
-
6 282
-
total
32 176
-
65 352
-
Employer

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

65 628
-
120 438
-
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.

853
-
1 567
-
pensions

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

5 815
-
10 671
-
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.

958
-
1 758
-
surtax
7 441
-
13 657
-
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.

4 036
-
7 408
-
total
19 103
-
35 061
-
Corporate
70 769
155 500
-
-
income
14 153
31 099
-
-
surtax
284
622
-
-
total
14 437
31 721
-
-
Dividends
56 332
123 779
-
-
withholding

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

16 565
36 800
-
-
total
16 565
36 800
-
-
Income
155 500
155 500
155 500
155 500
Total tax
82 281
68 521
100 413
88 123
After tax
73 219
86 979
55 087
67 377
Living cost
33 452
33 452
33 452
33 452
Free-cash
39 767
53 527
21 635
33 925

Estimated living cost  is ₽33452 per week

₽21548
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2925
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.
₽8456
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽64183
₽70590
₽50350
₽54201
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
155 500
other
-
-
-
85
unemployment
-
-
-
595
income
-
-
-
42 654
pensions
-
-
-
24 065
accident
-
-
-
766
total
-
-
-
68 165
Employee
45 670
-
128 390
-
unemployment
709
-
1 318
-
other
45
-
85
-
pensions
2 147
-
3 998
-
income
9 636
-
39 504
-
total
12 537
-
44 905
-
Employer
45 670
-
128 390
-
other
364
-
681
-
accident
904
-
1 684
-
pensions
10 777
-
20 069
-
unemployment
2 512
-
4 677
-
total
14 557
-
27 111
-
Corporate
95 273
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.

14 291
23 325
-
-
total
14 291
23 325
-
-
Dividends
80 982
132 175
-
-
withholding
16 798
28 451
-
-
total
16 798
28 451
-
-
Income
155 500
155 500
155 500
155 500
Total tax
58 183
51 776
72 016
68 165
After tax
97 317
103 724
83 484
87 335
Living cost
33 134
33 134
33 134
33 134
Free-cash
64 183
70 590
50 350
54 201

Estimated living cost  is ₽33134 per week

₽24400
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2350
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽477
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5906
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽30044
₽41492
₽33905
₽27705
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
155 500
income
-
-
-
24 855
pensions
-
-
-
23 308
accident
-
-
-
1 311
communal
-
-
-
9 828
health
-
-
-
10 924
surtax
-
-
-
7 710
total
-
-
-
77 936
Employee
69 480
-
138 902
-
surtax
4 259
-
8 512
-
health
3 092
-
6 181
-
pensions
5 558
-
11 112
-
income
6 711
-
29 333
-
total
19 620
-
55 138
-
Employer
69 480
-
138 902
-
accident
625
-
1 250
-
pensions
5 558
-
11 112
-
health
2 119
-
4 236
-
total
8 302
-
16 598
-
Corporate
77 719
155 500
-
-
income
11 658
23 325
-
-
communal
5 246
10 497
-
-
surtax
817
1 633
-
-
total
17 721
35 455
-
-
Dividends
59 998
120 045
-
-
withholding
9 000
18 006
-
-
income
20 954
10 688
-
-
total
29 954
28 694
-
-
Income
155 500
155 500
155 500
155 500
Total tax
75 597
64 149
71 736
77 936
After tax
79 903
91 351
83 764
77 564
Living cost
49 859
49 859
49 859
49 859
Free-cash
30 044
41 492
33 905
27 705

Estimated living cost  is ₽49859 per week

₽37402
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3021
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.
₽8907
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽74283
₽77201
₽47399
₽53057
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
155 500
other
-
-
-
-
unemployment
-
-
-
209
income
-
-
-
42 065
pensions
-
-
-
24 490
health
-
-
-
8 693
surtax
-
-
-
6 378
total
-
-
-
81 835
Employee
30 897
-
129 725
-
surtax
110
-
5 329
-
unemployment
2 150
-
8 523
-
other
-
-
-
-
health
789
-
3 122
-
pensions
2 061
-
8 167
-
income
5 180
-
36 577
-
total
10 290
-
61 718
-
Employer
30 897
-
129 725
-
other
-
-
-
-
pensions
4 119
-
16 323
-
unemployment
980
-
3 881
-
health
1 405
-
5 571
-
total
6 504
-
25 775
-
Corporate
118 098
155 500
-
-
income
30 706
40 430
-
-
total
30 706
40 430
-
-
Dividends
87 392
115 070
-
-
withholding
13 109
17 261
-
-
total
13 109
17 261
-
-
Income
155 500
155 500
155 500
155 500
Total tax
60 609
57 691
87 493
81 835
After tax
94 891
97 809
68 007
73 665
Living cost
20 608
20 608
20 608
20 608
Free-cash
74 283
77 201
47 399
53 057

Estimated living cost  is ₽20608 per week

₽12442
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1792
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽479
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5897
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽54982
₽57019
₽42458
₽49445
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
155 500
regional
-
-
-
2 344
social contributions
-
-
-
39 994
municipal
-
-
-
925
national
-
-
-
38 077
total
-
-
-
81 340
Employee
50 894
-
155 500
-
national
8 063
-
32 976
-
regional
685
-
2 092
-
municipal
270
-
825
-
social contributions
17 162
-
52 434
-
total
26 180
-
88 327
-
Employer
50 894
-
155 500
-
total
-
-
-
-
Corporate
104 606
155 500
-
-
nationa
25 105
37 320
-
-
municipal
5 199
7 729
-
-
total
30 304
45 049
-
-
Dividends
74 303
110 451
-
-
withholding
19 319
28 717
-
-
total
19 319
28 717
-
-
Income
155 500
155 500
155 500
155 500
Total tax
75 803
73 766
88 327
81 340
After tax
79 697
81 734
67 173
74 160
Living cost
24 715
24 715
24 715
24 715
Free-cash
54 982
57 019
42 458
49 445

Estimated living cost  is ₽24715 per week

₽15370
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2504
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽423
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6418
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽69003
₽79010
₽51722
₽58436
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
155 500
social contributions
-
-
-
32 757
income
-
-
-
15 263
health
-
-
-
20 992
solidarity contribution
-
-
-
-
total
-
-
-
69 012
Employee
41 253
-
116 931
-
solidarity contribution
-
-
-
-
health
5 569
-
15 786
-
social contributions
2 681
-
7 292
-
income
4 950
-
14 078
-
total
13 200
-
37 156
-
Employer
41 253
-
116 931
-
social contributions
10 313
-
28 046
-
health
3 713
-
10 524
-
total
14 026
-
38 570
-
Corporate
100 221
155 500
-
-
income
19 042
29 545
-
-
total
19 042
29 545
-
-
Dividends
81 179
125 955
-
-
withholding
12 177
18 893
-
-
total
12 177
18 893
-
-
Income
155 500
155 500
155 500
155 500
Total tax
58 445
48 438
75 726
69 012
After tax
97 055
107 062
79 774
86 488
Living cost
28 052
28 052
28 052
28 052
Free-cash
69 003
79 010
51 722
58 436

Estimated living cost  is ₽28052 per week

₽20861
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1554
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽485
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5151
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽56470
₽56924
₽12053
₽50704
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
155 500
chamber of commerce
-
-
-
622
unemployment
-
-
-
5 627
income
-
-
-
41 248
pensions
-
-
-
19 829
health
-
-
-
8 199
surtax
-
-
-
-
total
-
-
-
75 525
Employee
40 106
36 563
123 464
-
unemployment
1 203
1 097
3 216
-
other
400
366
1 073
-
health
1 551
1 416
4 147
-
pensions
4 107
3 743
10 976
-
income
3 573
2 697
32 734
-
total
10 834
9 319
52 146
-
Employer
40 106
36 563
123 464
-
payroll
1 203
1 097
3 703
-
other
1 905
1 736
5 726
-
accident
521
475
1 393
-
pensions
5 033
4 589
13 452
-
unemployment
1 203
1 097
3 216
-
chamber of commerce
160
146
494
-
surtax
-
-
-
-
health
1 516
1 382
4 051
-
total
11 541
10 522
32 035
-
Corporate
103 853
108 414
119 982
-
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.

25 963
27 103
29 995
-
total
25 963
27 103
29 995
-
Dividends
77 890
81 311
-
-
withholding
21 421
22 361
-
-
total
21 421
22 361
-
-
Income
155 500
155 500
155 500
155 500
Total tax
69 759
69 305
114 176
75 525
After tax
85 741
86 195
41 324
79 975
Living cost
29 271
29 271
29 271
29 271
Free-cash
56 470
56 924
12 053
50 704

Estimated living cost  is ₽29271 per week

₽17559
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2989
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽522
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8200
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽134022
₽136186
₽112861
₽142406
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
155 500
microenterprise

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

-
-
-
1 555
total
-
-
-
1 555
Employee
14 424
-
155 500
-
income
2 885
-
31 100
-
total
2 885
-
31 100
-
Employer
-
-
-
-
total
-
-
-
-
Corporate

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

141 076
155 500
-
-
total
-
-
-
-
Dividends
141 076
155 500
-
-
withholding
7 054
7 775
-
-
total
7 054
7 775
-
-
Income
155 500
155 500
155 500
155 500
Total tax
9 939
7 775
31 100
1 555
After tax
145 561
147 725
124 400
153 945
Living cost
11 539
11 539
11 539
11 539
Free-cash
134 022
136 186
112 861
142 406

Estimated living cost  is ₽11539 per week

₽7809
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽484
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.
₽2859
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽74780
₽82455
₽47531
₽51648
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

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

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

-
-
-
155 500
unemployment
-
-
-
233
income
-
-
-
35 310
pensions
-
-
-
28 399
health
-
-
-
15 301
total
-
-
-
79 243
Employee

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

40 571
-
134 551
-
unemployment
57
-
188
-
health
2 620
-
8 691
-
pensions
6 289
-
20 855
-
income
6 996
-
32 678
-
total
15 962
-
62 412
-
Employer

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

40 571
-
134 551
-
pensions
3 590
-
11 907
-
unemployment
24
-
80
-
health
2 702
-
8 961
-
total
6 316
-
20 948
-
Corporate
108 612
155 500
-
-
income
20 637
29 544
-
-
total
20 637
29 544
-
-
Dividends
87 975
125 956
-
-
withholding
13 196
18 892
-
-
total
13 196
18 892
-
-
Income
155 500
155 500
155 500
155 500
Total tax
56 111
48 436
83 360
79 243
After tax
99 389
107 064
72 140
76 257
Living cost
24 609
24 609
24 609
24 609
Free-cash
74 780
82 455
47 531
51 648

Estimated living cost  is ₽24609 per week

₽16889
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1577
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽477
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5667
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽9105
₽53938
₽102433
₽66795
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
58 313
-
-
-
social contributions
4 782
-
681
-
income
12 863
-
-
-
total
17 645
-
681
-
Employer
58 313
-
-
-
social contributions
82 221
-
11 718
-
total
82 221
-
11 718
-
Corporate
14 966
155 500
-
-
income
3 293
34 210
-
-
total
3 293
34 210
-
-
Dividends
11 674
121 290
-
-
income
2 568
26 684
-
-
total
2 568
26 684
-
-
Income
155 500
155 500
155 500
155 500
Total tax
105 727
60 894
12 399
48 037
After tax
49 773
94 606
143 101
107 463
Living cost
40 668
40 668
40 668
40 668
Free-cash
9 105
53 938
102 433
66 795

Estimated living cost  is ₽40668 per week

₽26387
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3825
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽518
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9938
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽58746
₽59669
₽43102
₽54765
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
155 500
social contributions

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

-
-
-
54 036
income
-
-
-
17 921
surtax
-
-
-
-
total
-
-
-
71 957
Employee
42 197
-
125 656
-
surtax
-
-
-
-
social contributions
4 642
-
13 822
-
income
8 777
-
39 954
-
total
13 419
-
53 776
-
Employer
42 197
-
125 656
-
social contributions
10 022
-
29 844
-
total
10 022
-
29 844
-
Corporate
103 282
155 500
-
-
income
21 689
32 656
-
-
surtax
-
-
-
-
total
21 689
32 656
-
-
Dividends
81 593
122 844
-
-
withholding
22 846
34 397
-
-
total
22 846
34 397
-
-
Income
155 500
155 500
155 500
155 500
Total tax
67 976
67 053
83 620
71 957
After tax
87 524
88 447
71 880
83 543
Living cost
28 778
28 778
28 778
28 778
Free-cash
58 746
59 669
43 102
54 765

Estimated living cost  is ₽28778 per week

₽21532
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1698
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽481
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5068
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽40366
₽34059
₽41816
₽43414
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
155 500
other
-
-
-
4 821
social contributions
-
-
-
4 431
income
-
-
-
23 826
pensions
-
-
-
28 310
health
-
-
-
6 385
surtax
-
-
-
-
total
-
-
-
67 773
Employee
57 463
-
120 832
-
surtax
-
-
-
-
pensions
6 499
-
8 201
-
social contributions
1 637
-
3 442
-
income
5 014
-
23 065
-
total
13 150
-
34 708
-
Employer
57 463
-
120 832
-
other
1 983
-
4 627
-
pensions
9 442
-
13 840
-
unemployment
2 328
-
4 894
-
social contributions
172
-
362
-
health
4 022
-
10 940
-
total
17 947
-
34 663
-
Corporate
80 090
155 500
-
-
income
22 425
43 539
-
-
surtax
-
-
-
-
total
22 425
43 539
-
-
Dividends
57 665
111 961
-
-
withholding
7 380
14 331
-
-
social contributions
9 919
19 258
-
-
surtax
-
-
-
-
total
17 299
33 589
-
-
Income
155 500
155 500
155 500
155 500
Total tax
70 821
77 128
69 371
67 773
After tax
84 679
78 372
86 129
87 727
Living cost
44 313
44 313
44 313
44 313
Free-cash
40 366
34 059
41 816
43 414

Estimated living cost  is ₽44313 per week

₽29990
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3625
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽608
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10090
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽109288
₽112371
₽91284
₽87155
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
155 500
income
-
-
-
6 557
social contributions
-
-
-
34 209
total
-
-
-
40 766
Employee
29 496
-
134 631
-
social contributions
1 917
-
8 751
-
income
-
-
7 017
-
total
1 917
-
15 768
-
Employer
29 496
-
134 631
-
social contributions
4 572
-
20 869
-
total
4 572
-
20 869
-
Corporate
121 432
155 500
-
-
income
12 144
15 550
-
-
total
12 144
15 550
-
-
Dividends
109 288
139 950
-
-
total
-
-
-
-
Income
155 500
155 500
155 500
155 500
Total tax
18 633
15 550
36 637
40 766
After tax
136 867
139 950
118 863
114 734
Living cost
27 579
27 579
27 579
27 579
Free-cash
109 288
112 371
91 284
87 155

Estimated living cost  is ₽27579 per week

₽17832
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2079
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽519
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7149
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽44223
-₽44223
-₽44223
₽47907
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
155 500
pensions
-
-
-
795
municipal
-
-
-
32 214
labour market
-
-
-
12 377
national
-
-
-
18 060
total
-
-
-
63 446
Employee
186 333
186 333
186 333
-
national
22 764
22 764
22 764
-
municipal
39 679
39 679
39 679
-
labour market
14 885
14 885
14 885
-
pensions
265
265
265
-
total
77 593
77 593
77 593
-
Employer
186 333
186 333
186 333
-
municipal
39 742
39 742
39 742
-
pensions
530
530
530
-
national
22 804
22 804
22 804
-
labour market
14 907
14 907
14 907
-
total
77 983
77 983
77 983
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
155 500
155 500
155 500
155 500
Total tax
155 576
155 576
155 576
63 446
After tax
-76
-76
-76
92 054
Living cost
44 147
44 147
44 147
44 147
Free-cash
-44 223
-44 223
-44 223
47 907

Estimated living cost  is ₽44147 per week

₽30215
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3905
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽679
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9348
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽9481
-₽7720
₽63812
₽86019
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
155 500
other
-
-
-
347
income
-
-
-
42 637
pensions
-
-
-
3 900
accident
-
-
-
237
health
-
-
-
2 044
total
-
-
-
49 165
Employee
31 959
-
139 429
-
health
3 659
-
15 965
-
pensions
3 599
-
7 151
-
income
4 384
-
32 186
-
total
11 642
-
55 302
-
Employer
31 959
-
139 429
-
accident
534
-
2 328
-
pensions
5 196
-
10 326
-
unemployment
783
-
3 416
-
total
6 513
-
16 070
-
Corporate
117 028
155 500
-
-
income

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

105 325
139 950
-
-
total
105 325
139 950
-
-
Dividends
11 703
15 550
-
-
withholding
2 223
2 954
-
-
total
2 223
2 954
-
-
Income
155 500
155 500
155 500
155 500
Total tax
125 703
142 904
71 372
49 165
After tax
29 797
12 596
84 128
106 335
Living cost
20 316
20 316
20 316
20 316
Free-cash
9 481
-7 720
63 812
86 019

Estimated living cost  is ₽20316 per week

₽14788
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1158
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽381
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3989
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽64755
₽62595
₽46736
₽65961
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
155 500
municipal
-
-
-
27 627
national
-
-
-
24 677
health
-
-
-
2 011
total
-
-
-
54 315
Employee
48 270
-
130 815
-
national
797
-
15 119
-
unemployment
724
-
1 962
-
health
360
-
1 631
-
municipal
7 906
-
21 311
-
pensions
3 258
-
8 831
-
total
13 045
-
48 854
-
Employer
48 270
-
130 815
-
accident
49
-
131
-
pensions
8 375
-
22 697
-
unemployment
313
-
850
-
health
371
-
1 008
-
total
9 108
-
24 686
-
Corporate
98 122
155 500
-
-
income
19 624
31 099
-
-
total
19 624
31 099
-
-
Dividends

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

58 874
93 301
-
-
municipal
10 598
16 794
-
-
national
3 146
9 788
-
-
total
13 744
26 582
-
-
Income
155 500
155 500
155 500
155 500
Total tax
55 521
57 681
73 540
54 315
After tax
99 979
97 819
81 960
101 185
Living cost
35 224
35 224
35 224
35 224
Free-cash
64 755
62 595
46 736
65 961

Estimated living cost  is ₽35224 per week

₽23008
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3388
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽561
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8268
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽87223
₽92216
₽83962
₽85350
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
155 500
social contributions
-
-
-
14 844
income
-
-
-
30 100
health
-
-
-
3 964
total
-
-
-
48 908
Employee
70 549
70 549
144 921
-
health
547
1 200
2 464
-
social contributions
2 667
5 855
7 898
-
income
7 682
6 531
29 355
-
total
10 896
13 586
39 717
-
Employer
70 549
70 549
144 921
-
social contributions
2 667
5 855
7 898
-
health
594
1 306
2 681
-
total
3 261
7 161
10 579
-
Corporate
120 101
77 789
-
-
income
15 013
9 724
-
-
total
15 013
9 724
-
-
Dividends
105 088
68 065
-
-
withholding
17 865
11 571
-
-
total
17 865
11 571
-
-
Income
155 500
155 500
155 500
155 500
Total tax
47 035
42 042
50 296
48 908
After tax
108 465
113 458
105 204
106 592
Living cost
21 242
21 242
21 242
21 242
Free-cash
87 223
92 216
83 962
85 350

Estimated living cost  is ₽21242 per week

₽12731
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2084
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽470
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5958
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽109537
₽114202
₽97577
₽115980
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

  • up to €9,000.00, 60% of the average monthly wage in Montenegro
  • up to €15,000.00, 100% of the average monthly wage in Montenegro
  • in excess of €15,000, 150% of the average monthly wage in Montenegro
-
-
-
155 500
unemployment
-
-
-
26
income
-
-
-
15 771
pensions
-
-
-
5 836
health
-
-
-
3 320
total
-
-
-
24 953
Employee

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

21 059
-
146 533
-
unemployment
104
-
435
-
health
1 790
-
7 400
-
pensions
3 158
-
13 058
-
income
1 440
-
13 497
-
total
6 492
-
34 390
-
Employer

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

21 059
-
146 533
-
pensions
1 158
-
4 788
-
unemployment
104
-
435
-
health
905
-
3 743
-
total
2 167
-
8 966
-
Corporate
132 273
155 500
-
-
income
11 904
13 995
-
-
total
11 904
13 995
-
-
Dividends
120 369
141 505
-
-
withholding
10 833
12 736
-
-
total
10 833
12 736
-
-
Income
155 500
155 500
155 500
155 500
Total tax
31 396
26 731
43 356
24 953
After tax
124 104
128 769
112 144
130 547
Living cost
14 567
14 567
14 567
14 567
Free-cash
109 537
114 202
97 577
115 980

Estimated living cost  is ₽14567 per week

₽9294
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1050
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽434
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3789
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽74444
₽78494
₽58254
₽62105
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
155 500
other
-
-
-
85
unemployment
-
-
-
595
income
-
-
-
42 654
pensions
-
-
-
24 065
accident
-
-
-
766
total
-
-
-
68 165
Employee
33 924
-
128 390
-
unemployment
526
-
1 318
-
other
33
-
85
-
pensions
1 595
-
3 998
-
income
6 540
-
39 504
-
total
8 694
-
44 905
-
Employer
33 924
-
128 390
-
other
272
-
681
-
accident
672
-
1 684
-
pensions
8 005
-
20 069
-
unemployment
1 866
-
4 677
-
total
10 815
-
27 111
-
Corporate
110 760
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.

16 613
23 325
-
-
total
16 613
23 325
-
-
Dividends
94 147
132 175
-
-
withholding
19 704
28 451
-
-
total
19 704
28 451
-
-
Income
155 500
155 500
155 500
155 500
Total tax
55 826
51 776
72 016
68 165
After tax
99 674
103 724
83 484
87 335
Living cost
25 230
25 230
25 230
25 230
Free-cash
74 444
78 494
58 254
62 105

Estimated living cost  is ₽25230 per week

₽17030
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2425
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽442
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5333
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽95067
₽95344
₽98276
₽98395
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
155 500
income
-
-
-
53 292
pensions
-
-
-
1 232
health
-
-
-
893
total
-
-
-
55 417
Employee
2 572
-
154 115
-
unemployment
26
-
62
-
health
129
-
308
-
pensions
231
-
554
-
income
497
-
53 227
-
total
883
-
54 151
-
Employer
2 572
-
154 115
-
pensions
283
-
677
-
unemployment
51
-
123
-
health
244
-
585
-
total
578
-
1 385
-
Corporate
152 350
155 500
-
-
income
33 517
34 210
-
-
total
33 517
34 210
-
-
Dividends
118 833
121 290
-
-
withholding
23 767
24 258
-
-
total
23 767
24 258
-
-
Income
155 500
155 500
155 500
155 500
Total tax
58 745
58 468
55 536
55 417
After tax
96 755
97 032
99 964
100 083
Living cost
1 688
1 688
1 688
1 688
Free-cash
95 067
95 344
98 276
98 395

Estimated living cost  is ₽1688 per week

₽1003
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽137
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽39
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽509
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽92007
₽96512
₽79030
₽79030
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

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

-
-
-
155 500
unemployment
-
-
-
1 015
income
-
-
-
35 050
pensions
-
-
-
17 597
health
-
-
-
6 971
total
-
-
-
60 633
Employee

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

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

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

23 882
-
143 385
-
unemployment
179
-
508
-
health
1 230
-
3 485
-
pensions
3 343
-
9 475
-
income
3 292
-
35 050
-
total
8 044
-
48 518
-
Employer

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

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

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

23 882
-
143 385
-
pensions
2 866
-
8 122
-
unemployment
179
-
508
-
health
1 230
-
3 485
-
total
4 275
-
12 115
-
Corporate
127 343
155 500
-
-
income
19 101
23 325
-
-
total
19 101
23 325
-
-
Dividends
108 242
132 175
-
-
withholding
16 236
19 826
-
-
total
16 236
19 826
-
-
Income
155 500
155 500
155 500
155 500
Total tax
47 656
43 151
60 633
60 633
After tax
107 844
112 349
94 867
94 867
Living cost
15 837
15 837
15 837
15 837
Free-cash
92 007
96 512
79 030
79 030

Estimated living cost  is ₽15837 per week

₽10663
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1225
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.
₽3491
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽63384
₽63713
₽47146
₽58809
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
155 500
social contributions

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

-
-
-
54 036
income
-
-
-
17 921
surtax
-
-
-
-
total
-
-
-
71 957
Employee
35 609
-
125 656
-
surtax
-
-
-
-
social contributions
3 917
-
13 822
-
income
6 958
-
39 954
-
total
10 875
-
53 776
-
Employer
35 609
-
125 656
-
social contributions
8 456
-
29 844
-
total
8 456
-
29 844
-
Corporate
111 434
155 500
-
-
income
23 402
32 656
-
-
surtax
-
-
-
-
total
23 402
32 656
-
-
Dividends
88 032
122 844
-
-
withholding
24 649
34 397
-
-
total
24 649
34 397
-
-
Income
155 500
155 500
155 500
155 500
Total tax
67 382
67 053
83 620
71 957
After tax
88 118
88 447
71 880
83 543
Living cost
24 734
24 734
24 734
24 734
Free-cash
63 384
63 713
47 146
58 809

Estimated living cost  is ₽24734 per week

₽17519
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1718
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽439
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5060
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽65385
₽71480
₽51240
₽55091
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
155 500
other
-
-
-
85
unemployment
-
-
-
595
income
-
-
-
42 654
pensions
-
-
-
24 065
accident
-
-
-
766
total
-
-
-
68 165
Employee
44 310
-
128 390
-
unemployment
686
-
1 318
-
other
44
-
85
-
pensions
2 082
-
3 998
-
income
9 255
-
39 504
-
total
12 067
-
44 905
-
Employer
44 310
-
128 390
-
other
355
-
681
-
accident
878
-
1 684
-
pensions
10 457
-
20 069
-
unemployment
2 438
-
4 677
-
total
14 128
-
27 111
-
Corporate
97 063
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.

14 559
23 325
-
-
total
14 559
23 325
-
-
Dividends
82 504
132 175
-
-
withholding
17 117
28 451
-
-
total
17 117
28 451
-
-
Income
155 500
155 500
155 500
155 500
Total tax
57 871
51 776
72 016
68 165
After tax
97 629
103 724
83 484
87 335
Living cost
32 244
32 244
32 244
32 244
Free-cash
65 385
71 480
51 240
55 091

Estimated living cost  is ₽32244 per week

₽23156
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2507
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽454
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6127
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽111984
₽117469
₽114361
₽108296
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
155 500
unemployment
-
-
-
126
income
-
-
-
23 325
pensions

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

-
-
-
4 653
health
-
-
-
3 616
total
-
-
-
31 720
Employee
20 504
-
149 331
-
accident

We are using the highest rate at 1.1%.

225
-
346
-
health
943
-
1 446
-
pensions

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

1 800
-
2 761
-
income
2 051
-
14 933
-
total
5 019
-
19 486
-
Employer
20 504
-
149 331
-
accident

We are using the highest rate at 1.1%.

225
-
346
-
pensions

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

2 259
-
3 465
-
unemployment
123
-
189
-
health
1 415
-
2 169
-
total
4 022
-
6 169
-
Corporate
130 974
155 500
-
-
income
13 097
15 550
-
-
total
13 097
15 550
-
-
Dividends
117 876
139 950
-
-
withholding
5 894
6 997
-
-
total
5 894
6 997
-
-
Income
155 500
155 500
155 500
155 500
Total tax
28 032
22 547
25 655
31 720
After tax
127 468
132 953
129 845
123 780
Living cost
15 484
15 484
15 484
15 484
Free-cash
111 984
117 469
114 361
108 296

Estimated living cost  is ₽15484 per week

₽10241
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽886
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽369
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3988
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽56618
₽44616
₽63816
₽47622
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
155 500
trade
-
-
-
16 194
income

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

-
-
-
47 389
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.

-
-
-
6 268
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.

-
-
-
2 606
total
-
-
-
72 457
Employee

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

45 650
-
155 500
-
surtax

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

207
-
2 606
-
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.

6 268
-
6 268
-
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.

3 754
-
47 389
-
total
10 229
-
56 263
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
109 850
155 500
-
-
trade
15 764
22 314
-
-
income
16 478
23 325
-
-
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.

907
1 283
-
-
chamber of commerce
301
367
-
-
total
33 450
47 289
-
-
Dividends
76 400
108 210
-
-
withholding
18 751
26 705
-
-
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.

1 031
1 469
-
-
total
19 782
28 174
-
-
Income
155 500
155 500
155 500
155 500
Total tax
63 461
75 463
56 263
72 457
After tax
92 039
80 037
99 237
83 043
Living cost
35 421
35 421
35 421
35 421
Free-cash
56 618
44 616
63 816
47 622

Estimated living cost  is ₽35421 per week

₽24434
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3811
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.
₽6661
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽58613
₽56587
₽30401
₽30401
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
25 801
income
-
-
-
47 035
total
-
-
-
72 836
Employee
71 767
-
155 500
-
social contributions
5 962
-
25 801
-
income
13 542
-
47 035
-
total
19 504
-
72 836
-
Employer
71 767
-
155 500
-
total
-
-
-
-
Corporate
83 733
155 500
-
-
income
10 467
19 437
-
-
total
10 467
19 437
-
-
Dividends
73 266
136 063
-
-
withholding
14 653
27 213
-
-
total
14 653
27 213
-
-
Income
155 500
155 500
155 500
155 500
Total tax
44 624
46 650
72 836
72 836
After tax
110 876
108 850
82 664
82 664
Living cost
52 263
52 263
52 263
52 263
Free-cash
58 613
56 587
30 401
30 401

Estimated living cost  is ₽52263 per week

₽39761
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4259
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽500
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7744
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽66128
₽62924
₽77633
₽90562
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

We use The Residence Programme or The Global Residence Programme.

-
-
-
155 500
health

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

-
-
-
5 517
income
-
-
-
26 116
total
-
-
-
31 633
Employee
42 088
-
151 280
-
social contributions
4 217
-
4 220
-
income
4 567
-
36 122
-
total
8 784
-
40 342
-
Employer
42 088
-
151 280
-
social contributions
4 217
-
4 220
-
total
4 217
-
4 220
-
Corporate
109 195
155 500
-
-
income
38 219
54 424
-
-
total
38 219
54 424
-
-
Dividends
70 976
101 076
-
-
social contributions
4 847
4 847
-
-
total
4 847
4 847
-
-
Income
155 500
155 500
155 500
155 500
Total tax
56 067
59 271
44 562
31 633
After tax
99 433
96 229
110 938
123 867
Living cost
33 305
33 305
33 305
33 305
Free-cash
66 128
62 924
77 633
90 562

Estimated living cost  is ₽33305 per week

₽21938
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2626
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽510
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8230
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽73871
₽68471
₽55527
₽69632
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
43 899
pensions
-
-
-
8 101
total
-
-
-
52 000
Employee
46 489
-
135 885
-
health
606
-
1 990
-
pensions
3 548
-
10 003
-
income
8 466
-
34 497
-
total
12 620
-
46 490
-
Employer
46 489
-
135 885
-
pensions
4 697
-
17 033
-
health
884
-
2 582
-
total
5 581
-
19 615
-
Corporate
103 430
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.

19 651
29 545
-
-
total
19 651
29 545
-
-
Dividends
83 779
125 955
-
-
withholding
9 909
23 616
-
-
total
9 909
23 616
-
-
Income
155 500
155 500
155 500
155 500
Total tax
47 761
53 161
66 105
52 000
After tax
107 739
102 339
89 395
103 500
Living cost
33 868
33 868
33 868
33 868
Free-cash
73 871
68 471
55 527
69 632

Estimated living cost  is ₽33868 per week

₽23233
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3115
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽424
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7095
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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

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Warsaw , Poland
₽9170
-₽9732
₽61800
₽84007
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
155 500
other
-
-
-
347
income
-
-
-
42 637
pensions
-
-
-
3 900
accident
-
-
-
237
health
-
-
-
2 044
total
-
-
-
49 165
Employee
35 122
-
139 429
-
health
4 021
-
15 965
-
pensions
3 955
-
7 151
-
income
4 818
-
32 186
-
total
12 794
-
55 302
-
Employer
35 122
-
139 429
-
accident
587
-
2 328
-
pensions
5 711
-
10 326
-
unemployment
860
-
3 416
-
total
7 158
-
16 070
-
Corporate
113 220
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.

101 899
139 950
-
-
total
101 899
139 950
-
-
Dividends
11 322
15 550
-
-
withholding
2 151
2 954
-
-
total
2 151
2 954
-
-
Income
155 500
155 500
155 500
155 500
Total tax
124 002
142 904
71 372
49 165
After tax
31 498
12 596
84 128
106 335
Living cost
22 328
22 328
22 328
22 328
Free-cash
9 170
-9 732
61 800
84 007

Estimated living cost  is ₽22328 per week

₽16386
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1301
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽450
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4191
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

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

Source of data for Warsaw model

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Skopje , Macedonia
₽114192
₽118479
₽97433
₽77288
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
155 500
unemployment
-
-
-
1 758
income
-
-
-
25 549
pensions
-
-
-
26 957
health insurance
-
-
-
10 841
work injury
-
-
-
733
total
-
-
-
65 838
Employee

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

19 799
-
155 500
-
health insurance
1 465
-
5 421
-
unemployment
238
-
879
-
work injury
99
-
366
-
pensions
3 643
-
13 478
-
income
1 980
-
25 549
-
total
7 425
-
45 693
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
135 701
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%.

1 357
1 555
-
-
total
1 357
1 555
-
-
Dividends
134 344
153 945
-
-
withholding
20 152
23 092
-
-
total
20 152
23 092
-
-
Income
155 500
155 500
155 500
155 500
Total tax
28 934
24 647
45 693
65 838
After tax
126 566
130 853
109 807
89 662
Living cost
12 374
12 374
12 374
12 374
Free-cash
114 192
118 479
97 433
77 288

Estimated living cost  is ₽12374 per week

₽7666
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽899
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽386
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3423
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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

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Rome , Italy
₽41184
₽45357
₽29458
₽36286
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
155 500
regional
-
-
-
3 554
social contributions
-
-
-
39 994
municipal
-
-
-
1 039
national
-
-
-
38 077
total
-
-
-
82 664
Employee
77 312
-
155 500
-
national
13 065
-
32 976
-
regional
1 167
-
3 154
-
municipal
461
-
928
-
social contributions
26 069
-
52 434
-
total
40 762
-
89 492
-
Employer
77 312
-
155 500
-
total
-
-
-
-
Corporate
78 188
155 500
-
-
nationa
18 765
37 320
-
-
municipal
3 769
7 495
-
-
total
22 534
44 815
-
-
Dividends
55 653
110 685
-
-
withholding
14 470
28 778
-
-
total
14 470
28 778
-
-
Income
155 500
155 500
155 500
155 500
Total tax
77 766
73 593
89 492
82 664
After tax
77 734
81 907
66 008
72 836
Living cost
36 550
36 550
36 550
36 550
Free-cash
41 184
45 357
29 458
36 286

Estimated living cost  is ₽36550 per week

₽25674
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2514
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽552
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽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

Source of data for Rome model

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