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
₽48041
₽59150
₽52876
₽70012
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
17 136
income

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

-
-
-
45 691
health

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

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

-
-
-
6 862
surtax

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

-
-
-
2 512
total
-
-
-
72 201
Employee

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

38 417
-
155 500
-
health

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

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

6 862
-
6 862
-
surtax

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

59
-
2 512
-
income

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

1 073
-
45 691
-
total
7 994
-
55 065
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
117 083
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.

966
1 283
-
-
income
17 563
23 325
-
-
trade
18 441
24 491
-
-
chamber of commerce
320
375
-
-
total
37 290
49 474
-
-
Dividends
79 792
106 026
-
-
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.

1 077
1 437
-
-
withholding
19 566
26 125
-
-
total
20 643
27 562
-
-
Income
155 500
155 500
155 500
155 500
Total tax
65 927
77 036
55 065
72 201
After tax
89 573
78 464
100 435
83 299
Living cost
30 423
30 423
30 423
30 423
Free-cash
59 150
48 041
70 012
52 876

Estimated living cost  is ₽30423 per week

₽19137
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3547
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽568
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7171
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

Nationals of Europe, Australia, Canada, Israel, Japan, the Republic of Korea, New Zealand and the USA do not require an entry type D visa (not to confuse with a Schengen visa or a visa-free entry). For other nationals, waiting time is around 6-9 months which includes document preparation and processing.

Source of data for Dresden model

Close
Reykjavik , Iceland
₽46349
₽45506
₽41425
₽42646
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
155 500
municipal
-
-
-
16 889
pensions
-
-
-
18 660
national
-
-
-
26 171
social contributions
-
-
-
1 672
total
-
-
-
63 392
Employee
78 568
-
134 428
-
municipal
9 704
-
17 491
-
pensions
3 143
-
5 377
-
national
15 038
-
27 104
-
total
27 885
-
49 972
-
Employer
78 568
-
134 428
-
social contributions
845
-
1 445
-
pensions
6 285
-
10 754
-
total
7 130
-
12 199
-
Corporate
64 617
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%.

12 923
31 100
-
-
total
12 923
31 100
-
-
Dividends
51 693
124 400
-
-
withholding
11 373
27 368
-
-
total
11 373
27 368
-
-
Income
155 500
155 500
155 500
155 500
Total tax
59 311
58 468
62 171
63 392
After tax
96 189
97 032
93 329
92 108
Living cost
50 683
50 683
50 683
50 683
Free-cash
45 506
46 349
42 646
41 425

Estimated living cost  is ₽50683 per week

₽34449
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4711
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽759
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10764
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

It is very difficult to get a residence permit on a basis of self-employment for a Third Country National (non-EU/EFTA/Swiss and without a long-term EU resident permit). EU/EFTA nationals and long-term EU resident permit holders can register self-employed and apply for a permanent residence.

Source of data for Reykjavik model

Close
Riga , Latvia
₽103504
₽95263
₽30698
₽73221
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
microenterprise
-
-
-
-
income
-
-
-
25 770
surtax
-
-
-
39 652
social contributions

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

-
-
-
38 484
total
-
-
-
103 906
Employee
29 350
-
112 541
-
social contributions

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

3 229
-
12 380
-
surtax
-
-
-
-
income
5 225
-
21 893
-
total
8 454
-
34 273
-
Employer
29 350
-
112 541
-
social contributions

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

7 070
-
27 110
-
surtax
-
-
-
-
total
7 070
-
27 110
-
Corporate
119 080
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%.

23 817
31 100
-
-
total
23 817
31 100
-
-
Dividends

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

95 264
124 400
-
-
total
-
-
-
-
Income
155 500
155 500
155 500
155 500
Total tax
39 341
31 100
61 383
103 906
After tax
116 159
124 400
94 117
51 594
Living cost
20 896
20 896
20 896
20 896
Free-cash
95 263
103 504
73 221
30 698

Estimated living cost  is ₽20896 per week

₽13331
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1990
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽475
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5101
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Riga model

Close
Rotterdam , Netherlands
₽34591
₽28437
₽45262
₽52751
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
155 500
income
-
-
-
44 007
pensions
-
-
-
11 768
health
-
-
-
12 386
total
-
-
-
68 161
Employee
85 774
85 774
136 834
-
health
13 165
11 198
12 386
-
income

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

14 040
14 040
17 852
-
pensions
15 439
11 768
11 768
-
total
42 644
37 006
42 006
-
Employer
85 774
85 774
136 834
-
unemployment
3 088
3 088
3 837
-
pensions
5 970
5 970
7 420
-
health
5 962
5 962
7 409
-
total
15 020
15 020
18 666
-
Corporate
55 758
54 706
-
-
income
11 153
10 941
-
-
total
11 153
10 941
-
-
Dividends
44 606
43 765
-
-
income
9 479
9 300
-
-
withholding
6 690
6 565
-
-
total
16 169
15 865
-
-
Income
155 500
155 500
155 500
155 500
Total tax
84 986
78 832
60 672
68 161
After tax
70 514
76 668
94 828
87 339
Living cost
42 077
42 077
42 077
42 077
Free-cash
28 437
34 591
52 751
45 262

Estimated living cost  is ₽42077 per week

₽29819
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3793
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽669
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7796
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Rotterdam model

Close
Stockholm , Sweden
₽45940
₽45066
₽41904
₽40958
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
155 500
municipal
-
-
-
38 993
accident
-
-
-
171
pensions
-
-
-
9 231
other
-
-
-
9 923
unemployment
-
-
-
85
health
-
-
-
5 328
national
-
-
-
10 902
total
-
-
-
74 633
Employee
55 518
-
128 670
-
municipal
16 556
-
38 369
-
national
-
-
10 379
-
total
16 556
-
48 748
-
Employer
55 518
-
128 670
-
accident
111
-
171
-
other
6 451
-
9 923
-
unemployment
1 466
-
2 254
-
pensions
6 001
-
9 231
-
health
3 414
-
5 252
-
total
17 443
-
26 831
-
Corporate
82 538
155 500
-
-
income
18 158
34 210
-
-
total
18 158
34 210
-
-
Dividends
64 379
121 290
-
-
withholding
19 314
36 387
-
-
total
19 314
36 387
-
-
Income
155 500
155 500
155 500
155 500
Total tax
71 471
70 597
75 579
74 633
After tax
84 029
84 903
79 921
80 867
Living cost
38 963
38 963
38 963
38 963
Free-cash
45 066
45 940
40 958
41 904

Estimated living cost  is ₽38963 per week

₽25823
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3823
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽592
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8725
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Stockholm model

Close
Hamburg , Germany
₽38206
₽52319
₽43079
₽60977
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
17 898
income

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

-
-
-
45 691
health

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

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

-
-
-
6 862
surtax

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

-
-
-
2 512
total
-
-
-
72 963
Employee

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

50 937
-
155 500
-
health

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

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

6 862
-
6 862
-
surtax

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

240
-
2 512
-
income

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

4 376
-
45 691
-
total
11 478
-
55 065
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
104 563
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.

863
1 283
-
-
income
15 685
23 325
-
-
trade
17 201
25 580
-
-
chamber of commerce
301
374
-
-
total
34 050
50 562
-
-
Dividends
70 513
104 939
-
-
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.

949
1 422
-
-
withholding
17 246
25 852
-
-
total
18 195
27 274
-
-
Income
155 500
155 500
155 500
155 500
Total tax
63 723
77 836
55 065
72 963
After tax
91 777
77 664
100 435
82 537
Living cost
39 458
39 458
39 458
39 458
Free-cash
52 319
38 206
60 977
43 079

Estimated living cost  is ₽39458 per week

₽26390
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4161
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽589
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8318
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

Nationals of Europe, Australia, Canada, Israel, Japan, the Republic of Korea, New Zealand and the USA do not require an entry type D visa (not to confuse with a Schengen visa or a visa-free entry). For other nationals, waiting time is around 6-9 months which includes document preparation and processing.

Source of data for Hamburg model

Close
Limassol , Cyprus
₽80930
₽76764
₽74779
₽73353
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
27 926
health
-
-
-
3 965
social contributions
-
-
-
16 251
total
-
-
-
48 142
Employee
77 236
77 236
144 187
-
social contributions
3 753
6 410
8 646
-
health
768
1 313
2 451
-
income
8 110
7 150
27 158
-
total
12 631
14 873
38 255
-
Employer
77 236
77 236
144 187
-
social contributions
3 753
6 410
8 646
-
health
837
1 430
2 667
-
total
4 590
7 840
11 313
-
Corporate
105 700
70 425
-
-
income
13 213
8 802
-
-
total
13 213
8 802
-
-
Dividends
92 487
61 622
-
-
withholding
15 723
10 476
-
-
total
15 723
10 476
-
-
Income
155 500
155 500
155 500
155 500
Total tax
46 157
41 991
49 568
48 142
After tax
109 343
113 509
105 932
107 358
Living cost
32 579
32 579
32 579
32 579
Free-cash
76 764
80 930
73 353
74 779

Estimated living cost  is ₽32579 per week

₽22271
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2545
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽547
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7216
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Limassol model

Close
Budapest , Hungary
₽69168
₽69547
₽89493
₽71915
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
19 010
pensions
-
-
-
15 550
unemployment
-
-
-
2 333
health
-
-
-
10 885
total
-
-
-
47 778
Employee

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

The minimum wage is 138,000 HUF per month.

26 314
10 473
130 126
-
health
1 842
733
9 109
-
income
3 217
1 280
15 908
-
pensions
2 631
1 047
13 013
-
unemployment
395
157
1 952
-
total
8 085
3 217
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.

26 314
10 473
130 126
-
pensions
5 131
2 042
25 374
-
total
5 131
2 042
25 374
-
Corporate
124 055
142 985
-
-
income
11 165
12 869
-
-
total
11 165
12 869
-
-
Dividends
112 890
130 117
-
-
social contributions
21 894
25 253
-
-
withholding
21 449
24 722
-
-
total
43 343
49 975
-
-
Income
155 500
155 500
155 500
155 500
Total tax
67 724
68 103
65 356
47 778
After tax
87 776
87 397
90 144
107 722
Living cost
18 229
18 229
18 229
18 229
Free-cash
69 547
69 168
71 915
89 493

Estimated living cost  is ₽18229 per week

₽12440
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1491
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽364
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3934
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Budapest model

Close
Tallinn , Estonia
₽100139
₽93898
₽59088
₽65368
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
155 500
income
-
-
-
20 837
pensions
-
-
-
31 100
health
-
-
-
20 214
total
-
-
-
72 151
Employee
28 494
-
116 217
-
income
3 208
-
22 406
-
pensions
570
-
2 324
-
unemployment
456
-
1 860
-
total
4 234
-
26 590
-
Employer
28 494
-
116 217
-
unemployment
229
-
930
-
pensions
5 699
-
23 243
-
health
3 704
-
15 108
-
total
9 632
-
39 281
-
Corporate
117 375
155 500
-
-
income
23 475
31 100
-
-
total
23 475
31 100
-
-
Dividends
93 899
124 400
-
-
total
-
-
-
-
Income
155 500
155 500
155 500
155 500
Total tax
37 341
31 100
65 871
72 151
After tax
118 159
124 400
89 629
83 349
Living cost
24 261
24 261
24 261
24 261
Free-cash
93 898
100 139
65 368
59 088

Estimated living cost  is ₽24261 per week

₽16640
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1445
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽488
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5688
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Tallinn model

Close
Gdansk , Poland
-₽9450
₽9212
₽84332
₽61682
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
155 500
accident
-
-
-
253
income
-
-
-
42 145
pensions
-
-
-
4 169
other
-
-
-
371
health
-
-
-
2 185
total
-
-
-
49 123
Employee
34 678
-
138 744
-
health
3 971
-
15 886
-
income
4 758
-
31 486
-
pensions
3 905
-
7 645
-
total
12 634
-
55 017
-
Employer
34 678
-
138 744
-
accident
579
-
2 317
-
unemployment
850
-
3 399
-
pensions
5 639
-
11 040
-
total
7 068
-
16 756
-
Corporate
113 754
155 500
-
-
income

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

102 379
139 950
-
-
total
102 379
139 950
-
-
Dividends
11 375
15 550
-
-
withholding
2 162
2 955
-
-
total
2 162
2 955
-
-
Income
155 500
155 500
155 500
155 500
Total tax
124 243
142 905
71 773
49 123
After tax
31 257
12 595
83 727
106 377
Living cost
22 045
22 045
22 045
22 045
Free-cash
9 212
-9 450
61 682
84 332

Estimated living cost  is ₽22045 per week

₽16157
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1221
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽460
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4207
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

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

Source of data for Gdansk model

Close
Batumi , Georgia
₽138625
₽136919
₽144845
₽115300
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
11 375
-
155 500
-
income
2 275
-
31 100
-
total
2 275
-
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%.

144 125
155 500
-
-
total
-
-
-
-
Dividends
144 125
155 500
-
-
withholding
7 206
7 775
-
-
total
7 206
7 775
-
-
Income
155 500
155 500
155 500
155 500
Total tax
9 481
7 775
31 100
1 555
After tax
146 019
147 725
124 400
153 945
Living cost
9 100
9 100
9 100
9 100
Free-cash
136 919
138 625
115 300
144 845

Estimated living cost  is ₽9100 per week

₽5639
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽756
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽250
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2454
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

Social security system in Georgia is financed from the government taxes which are part of our internal model. Separate pension and medical insurance contributions are not compulsory. It is advisable to purchase health insurance privately as in an event of medical emergency the treatment is likely to get costly.

Source of data for Batumi model

Close
Bratislava , Slovakia
₽87483
₽80697
₽56136
₽61882
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
21 966
pensions

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

-
-
-
36 658
other
-
-
-
7 255
health
-
-
-
6 721
total
-
-
-
72 600
Employee
36 470
-
124 202
-
health
511
-
1 738
-
income
6 279
-
23 881
-
pensions

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

2 552
-
8 694
-
unemployment
364
-
1 243
-
total
9 706
-
35 556
-
Employer
36 470
-
124 202
-
accident
292
-
993
-
other
1 824
-
6 210
-
unemployment
364
-
1 243
-
pensions

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

6 201
-
21 114
-
health
511
-
1 738
-
total
9 192
-
31 298
-
Corporate
109 839
155 500
-
-
income
23 066
32 655
-
-
total
23 066
32 655
-
-
Dividends
86 774
122 845
-
-
withholding
6 075
8 598
-
-
total
6 075
8 598
-
-
Income
155 500
155 500
155 500
155 500
Total tax
48 039
41 253
66 854
72 600
After tax
107 461
114 247
88 646
82 900
Living cost
26 764
26 764
26 764
26 764
Free-cash
80 697
87 483
61 882
56 136

Estimated living cost  is ₽26764 per week

₽18910
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1807
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽431
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5615
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Bratislava model

Close
London , United Kingdom
₽36976
₽35625
₽37608
₽23418
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
42 187
pensions
-
-
-
8 603
total
-
-
-
50 790
Employee
94 939
-
136 033
-
health
1 564
-
2 055
-
income
17 114
-
32 723
-
pensions
9 159
-
10 737
-
total
27 837
-
45 515
-
Employer
94 939
-
136 033
-
pensions
11 210
-
16 880
-
health
1 803
-
2 585
-
total
13 013
-
19 465
-
Corporate
47 548
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.

9 035
29 545
-
-
total
9 035
29 545
-
-
Dividends
38 513
125 955
-
-
withholding
2 888
21 877
-
-
total
2 888
21 877
-
-
Income
155 500
155 500
155 500
155 500
Total tax
52 773
51 422
64 980
50 790
After tax
102 727
104 078
90 520
104 710
Living cost
67 102
67 102
67 102
67 102
Free-cash
35 625
36 976
23 418
37 608

Estimated living cost  is ₽67102 per week

₽50281
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽7884
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽546
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8392
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details

Additional information

The only visa which will gain you entry to the UK as a freelancer is Tier 1 (with an exception of EU nationals or long-term UK residence permit holders, up until Brexit). There are two Tier 1 visa pathways.

You can either apply for an Entrepreneur visa which requires an investment of at least £200000 and creating two full time jobs, or choose an Exceptional Talent visa, which has no financial requirements but is more difficult to obtain.

Source of data for London model

Close
Varna , Bulgaria
₽119784
₽115120
₽109641
₽115508
S + D Salary + Dividends

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

Dividends

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

Salary

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

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

-
-
-
5 192
unemployment
-
-
-
140
health
-
-
-
4 034
total
-
-
-
32 691
Employee
17 436
-
148 617
-
health
802
-
1 614
-
accident

We are using the highest rate at 1.1%.

192
-
386
-
income
1 743
-
14 861
-
pensions

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

1 531
-
3 080
-
total
4 268
-
19 941
-
Employer
17 436
-
148 617
-
accident

We are using the highest rate at 1.1%.

192
-
386
-
unemployment
104
-
210
-
pensions

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

1 922
-
3 866
-
health
1 203
-
2 421
-
total
3 421
-
6 883
-
Corporate
134 643
155 500
-
-
income
13 464
15 550
-
-
total
13 464
15 550
-
-
Dividends
121 179
139 950
-
-
withholding
6 059
6 998
-
-
total
6 059
6 998
-
-
Income
155 500
155 500
155 500
155 500
Total tax
27 212
22 548
26 824
32 691
After tax
128 288
132 952
128 676
122 809
Living cost
13 168
13 168
13 168
13 168
Free-cash
115 120
119 784
115 508
109 641

Estimated living cost  is ₽13168 per week

₽7687
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽940
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽349
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4191
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Varna model

Close
Amsterdam , Netherlands
₽20971
₽23496
₽31642
₽39131
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
155 500
income
-
-
-
44 007
pensions
-
-
-
11 768
health
-
-
-
12 386
total
-
-
-
68 161
Employee
93 123
85 774
136 834
-
health
11 618
11 198
12 386
-
income

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

14 040
14 040
17 852
-
pensions
11 768
11 768
11 768
-
total
37 426
37 006
42 006
-
Employer
93 123
85 774
136 834
-
unemployment
3 353
3 088
3 837
-
pensions
6 481
5 970
7 420
-
health
6 471
5 962
7 409
-
total
16 305
15 020
18 666
-
Corporate
46 072
54 706
-
-
income
9 214
10 941
-
-
total
9 214
10 941
-
-
Dividends
36 858
43 765
-
-
income
7 832
9 300
-
-
withholding
5 530
6 565
-
-
total
13 362
15 865
-
-
Income
155 500
155 500
155 500
155 500
Total tax
76 307
78 832
60 672
68 161
After tax
79 193
76 668
94 828
87 339
Living cost
55 697
55 697
55 697
55 697
Free-cash
23 496
20 971
39 131
31 642

Estimated living cost  is ₽55697 per week

₽41086
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4975
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽639
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8999
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Amsterdam model

Close
Brno , Czech Republic
₽83043
₽74474
₽60935
₽54892
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
14 992
health
-
-
-
20 992
solidarity contribution
-
-
-
-
social contributions
-
-
-
34 562
total
-
-
-
70 546
Employee
35 322
-
116 045
-
social contributions
2 296
-
7 543
-
health
4 768
-
15 666
-
solidarity contribution
-
-
-
-
income
4 239
-
13 925
-
total
11 303
-
37 134
-
Employer
35 322
-
116 045
-
social contributions
8 831
-
29 011
-
health
3 179
-
10 444
-
total
12 010
-
39 455
-
Corporate
108 168
155 500
-
-
income
20 552
29 545
-
-
total
20 552
29 545
-
-
Dividends
87 616
125 955
-
-
withholding
13 142
18 893
-
-
total
13 142
18 893
-
-
Income
155 500
155 500
155 500
155 500
Total tax
57 007
48 438
76 589
70 546
After tax
98 493
107 062
78 911
84 954
Living cost
24 019
24 019
24 019
24 019
Free-cash
74 474
83 043
54 892
60 935

Estimated living cost  is ₽24019 per week

₽16684
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1709
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽472
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5154
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Brno model

Close
Milan , Italy
₽40583
₽35337
₽33188
₽26110
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
155 500
municipal
-
-
-
924
regional
-
-
-
1 813
national
-
-
-
37 197
social contributions
-
-
-
39 995
total
-
-
-
79 929
Employee
89 267
-
155 500
-
social contributions
30 101
-
52 435
-
regional
842
-
1 597
-
municipal
473
-
825
-
national
15 468
-
32 150
-
total
46 884
-
87 007
-
Employer
89 267
-
155 500
-
total
-
-
-
-
Corporate
66 233
155 500
-
-
nationa
15 897
37 319
-
-
municipal
2 583
6 065
-
-
total
18 480
43 384
-
-
Dividends
47 753
112 116
-
-
withholding
12 416
29 150
-
-
total
12 416
29 150
-
-
Income
155 500
155 500
155 500
155 500
Total tax
77 780
72 534
87 007
79 929
After tax
77 720
82 966
68 493
75 571
Living cost
42 383
42 383
42 383
42 383
Free-cash
35 337
40 583
26 110
33 188

Estimated living cost  is ₽42383 per week

₽29544
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2779
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽650
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9408
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Milan model

Close
Thessaloniki , Greece
₽75646
₽72520
₽51629
₽46278
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
39 420
pensions
-
-
-
26 811
other
-
-
-
-
unemployment
-
-
-
229
health
-
-
-
9 517
surtax
-
-
-
5 730
total
-
-
-
81 707
Employee
33 216
-
128 460
-
other
-
-
-
-
health
848
-
3 277
-
surtax
109
-
4 885
-
income
5 568
-
34 348
-
pensions
2 215
-
8 568
-
unemployment
2 312
-
8 941
-
total
11 052
-
60 019
-
Employer
33 216
-
128 460
-
other
-
-
-
-
unemployment
1 052
-
4 071
-
pensions
4 428
-
17 124
-
health
1 512
-
5 844
-
total
6 992
-
27 039
-
Corporate
115 293
155 500
-
-
income
29 975
40 430
-
-
total
29 975
40 430
-
-
Dividends
85 318
115 070
-
-
withholding
12 797
17 260
-
-
total
12 797
17 260
-
-
Income
155 500
155 500
155 500
155 500
Total tax
60 816
57 690
87 058
81 707
After tax
94 684
97 810
68 442
73 793
Living cost
22 164
22 164
22 164
22 164
Free-cash
72 520
75 646
46 278
51 629

Estimated living cost  is ₽22164 per week

₽13552
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2045
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽511
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6056
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details

Source of data for Thessaloniki model

Close
Cambridge , United Kingdom
₽58236
₽62772
₽58868
₽44678
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
42 187
pensions
-
-
-
8 603
total
-
-
-
50 790
Employee
63 626
-
136 033
-
health
924
-
2 055
-
income
11 459
-
32 723
-
pensions
5 400
-
10 737
-
total
17 783
-
45 515
-
Employer
63 626
-
136 033
-
pensions
6 887
-
16 880
-
health
1 209
-
2 585
-
total
8 096
-
19 465
-
Corporate
83 778
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.

15 918
29 545
-
-
total
15 918
29 545
-
-
Dividends
67 860
125 955
-
-
withholding
5 089
21 877
-
-
total
5 089
21 877
-
-
Income
155 500
155 500
155 500
155 500
Total tax
46 886
51 422
64 980
50 790
After tax
108 614
104 078
90 520
104 710
Living cost
45 842
45 842
45 842
45 842
Free-cash
62 772
58 236
44 678
58 868

Estimated living cost  is ₽45842 per week

₽34345
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3436
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽479
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7581
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details

Additional information

The only visa which will gain you entry to the UK as a freelancer is Tier 1 (with an exception of EU nationals or long-term UK residence permit holders, up until Brexit). There are two Tier 1 visa pathways.

You can either apply for an Entrepreneur visa which requires an investment of at least £200000 and creating two full time jobs, or choose an Exceptional Talent visa, which has no financial requirements but is more difficult to obtain.

Source of data for Cambridge model

Close
Zurich , Switzerland
-₽5285
₽27403
₽50543
₽42985
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
155 500
city
-
-
-
1 638
pensions
-
-
-
14 307
other

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

-
-
-
3 110
regional
-
-
-
7 146
health
-
-
-
349
national
-
-
-
2 017
total
-
-
-
28 567
Employee
89 396
-
139 180
-
city
959
-
1 495
-
regional
2 927
-
6 178
-
health
202
-
314
-
pensions
7 510
-
11 691
-
unemployment
-
-
-
-
national
423
-
1 658
-
total
12 021
-
21 336
-
Employer
89 396
-
139 180
-
other

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

1 787
-
2 784
-
unemployment
-
-
-
-
pensions
7 510
-
11 691
-
health
202
-
314
-
total
9 499
-
14 789
-
Corporate
55 621
155 500
-
-
regional
11 764
32 889
-
-
national
4 728
13 218
-
-
total
16 492
46 107
-
-
Dividends
39 129
109 394
-
-
withholding
13 695
38 288
-
-
total
13 695
38 288
-
-
Income
155 500
155 500
155 500
155 500
Total tax
51 707
84 395
36 125
28 567
After tax
103 793
71 105
119 375
126 933
Living cost
76 390
76 390
76 390
76 390
Free-cash
27 403
-5 285
42 985
50 543

Estimated living cost  is ₽76390 per week

₽49675
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽6855
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽938
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽18921
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details

Additional information

It is extremely rare that a Third Country National (non-EU/EFTA/Swiss and without a long-term EU resident permit) is given a residence permit based on self-employment.

Source of data for Zurich model

Close
Munich , Germany
₽30850
₽47139
₽35763
₽54422
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
18 659
income

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

-
-
-
45 691
health

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

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

-
-
-
6 862
surtax

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

-
-
-
2 512
total
-
-
-
73 724
Employee

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

60 364
-
155 500
-
health

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

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

6 862
-
6 862
-
surtax

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

391
-
2 512
-
income

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

7 098
-
45 691
-
total
14 351
-
55 065
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
95 136
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.

785
1 283
-
-
income
14 271
23 325
-
-
trade
16 316
26 668
-
-
chamber of commerce
286
372
-
-
total
31 658
51 648
-
-
Dividends
63 478
103 853
-
-
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.

852
1 407
-
-
withholding
15 487
25 582
-
-
total
16 339
26 989
-
-
Income
155 500
155 500
155 500
155 500
Total tax
62 348
78 637
55 065
73 724
After tax
93 152
76 863
100 435
81 776
Living cost
46 013
46 013
46 013
46 013
Free-cash
47 139
30 850
54 422
35 763

Estimated living cost  is ₽46013 per week

₽33606
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3681
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽599
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8129
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

Nationals of Europe, Australia, Canada, Israel, Japan, the Republic of Korea, New Zealand and the USA do not require an entry type D visa (not to confuse with a Schengen visa or a visa-free entry). For other nationals, waiting time is around 6-9 months which includes document preparation and processing.

Source of data for Munich model

Close
Nice , France
₽44007
₽49940
₽53610
₽53482
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
22 598
pensions
-
-
-
29 770
other
-
-
-
4 820
health
-
-
-
5 905
surtax
-
-
-
-
social contributions
-
-
-
4 432
total
-
-
-
67 525
Employee
42 988
-
121 686
-
social contributions
1 226
-
3 467
-
surtax
-
-
-
-
income
2 537
-
22 470
-
pensions
4 861
-
7 905
-
total
8 624
-
33 842
-
Employer
42 988
-
121 686
-
other
1 483
-
4 509
-
social contributions
130
-
366
-
unemployment
1 740
-
4 929
-
pensions
7 062
-
13 408
-
health
3 010
-
10 599
-
total
13 425
-
33 811
-
Corporate
99 088
155 500
-
-
surtax
-
-
-
-
income
27 745
43 541
-
-
total
27 745
43 541
-
-
Dividends
71 342
111 959
-
-
surtax
-
-
-
-
social contributions
12 269
19 257
-
-
withholding
9 132
14 330
-
-
total
21 401
33 587
-
-
Income
155 500
155 500
155 500
155 500
Total tax
71 195
77 128
67 653
67 525
After tax
84 305
78 372
87 847
87 975
Living cost
34 365
34 365
34 365
34 365
Free-cash
49 940
44 007
53 482
53 610

Estimated living cost  is ₽34365 per week

₽21668
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2794
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽585
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9319
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Nice model

Close
Marseille , France
₽47412
₽52991
₽57015
₽56887
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
22 598
pensions
-
-
-
29 770
other
-
-
-
4 820
health
-
-
-
5 905
surtax
-
-
-
-
social contributions
-
-
-
4 432
total
-
-
-
67 525
Employee
38 373
-
121 686
-
social contributions
1 094
-
3 467
-
surtax
-
-
-
-
income
1 979
-
22 470
-
pensions
4 340
-
7 905
-
total
7 413
-
33 842
-
Employer
38 373
-
121 686
-
other
1 325
-
4 509
-
social contributions
114
-
366
-
unemployment
1 553
-
4 929
-
pensions
6 305
-
13 408
-
health
2 686
-
10 599
-
total
11 983
-
33 811
-
Corporate
105 144
155 500
-
-
surtax
-
-
-
-
income
29 440
43 541
-
-
total
29 440
43 541
-
-
Dividends
75 704
111 959
-
-
surtax
-
-
-
-
social contributions
13 022
19 257
-
-
withholding
9 691
14 330
-
-
total
22 713
33 587
-
-
Income
155 500
155 500
155 500
155 500
Total tax
71 549
77 128
67 653
67 525
After tax
83 951
78 372
87 847
87 975
Living cost
30 960
30 960
30 960
30 960
Free-cash
52 991
47 412
56 887
57 015

Estimated living cost  is ₽30960 per week

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

Source of data for Marseille model

Close
Vilnius , Lithuania
₽73570
₽74091
₽78564
₽75987
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
23 325
health
-
-
-
10 853
social contributions
-
-
-
21 459
total
-
-
-
55 637
Employee
34 056
-
155 500
-
social contributions
4 700
-
21 459
-
health
2 377
-
10 853
-
income
5 680
-
25 902
-
total
12 757
-
58 214
-
Employer
34 056
-
155 500
-
total
-
-
-
-
Corporate
121 444
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%.

6 073
7 775
-
-
total
6 073
7 775
-
-
Dividends
115 371
147 725
-
-
health
8 053
10 312
-
-
social contributions
15 922
20 386
-
-
withholding
17 305
22 158
-
-
total
41 280
52 856
-
-
Income
155 500
155 500
155 500
155 500
Total tax
60 110
60 631
58 214
55 637
After tax
95 390
94 869
97 286
99 863
Living cost
21 299
21 299
21 299
21 299
Free-cash
74 091
73 570
75 987
78 564

Estimated living cost  is ₽21299 per week

₽14254
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1313
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽490
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5240
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Vilnius model

Close
Vienna , Austria
₽50851
₽49296
₽44361
₽5256
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
621
income
-
-
-
38 084
pensions
-
-
-
21 708
unemployment
-
-
-
6 160
health
-
-
-
8 976
surtax
-
-
-
198
total
-
-
-
75 747
Employee
50 197
40 028
121 248
-
other
501
400
1 174
-
health
1 942
1 550
4 540
-
income
5 714
2 953
29 990
-
pensions
5 141
4 098
12 016
-
unemployment
1 506
1 201
3 521
-
total
14 804
10 202
51 241
-
Employer
50 197
40 028
121 248
-
accident
652
520
1 525
-
other
2 385
1 900
5 726
-
chamber of commerce
200
160
484
-
unemployment
1 506
1 201
3 521
-
surtax
198
198
198
-
pensions
6 300
5 024
14 726
-
payroll
1 506
1 201
3 637
-
health
1 897
1 513
4 435
-
total
14 644
11 717
34 252
-
Corporate
90 661
103 754
117 435
-
income

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

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

22 665
25 938
29 359
-
total
22 665
25 938
29 359
-
Dividends
67 995
77 815
-
-
withholding
18 699
21 400
-
-
total
18 699
21 400
-
-
Income
155 500
155 500
155 500
155 500
Total tax
70 812
69 257
114 852
75 747
After tax
84 688
86 243
40 648
79 753
Living cost
35 392
35 392
35 392
35 392
Free-cash
49 296
50 851
5 256
44 361

Estimated living cost  is ₽35392 per week

₽23605
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3019
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽581
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8187
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

As a Third Country National (non-EU/EFTA/Swiss and without a long-term EU resident permit), you can apply for permanent residence when your business creates macroeconomic benefit. This could be an investment starting from €100,000, creating new jobs or securing existing ones, or making a substantial contribution to the region's economy. You can also be considered with a transfer of know-how to Austria or an evident commitment to develop an innovative product or technology.

Source of data for Vienna model

Close
Brussels , Belgium
₽50388
₽35322
₽31015
₽19320
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
national
-
-
-
55 763
communal

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

-
-
-
7 876
social contributions
-
-
-
24 223
total
-
-
-
87 862
Employee

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

71 847
-
120 438
-
communal

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

3 747
-
6 282
-
health

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

3 376
-
5 661
-
pensions

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

5 389
-
9 033
-
unemployment

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

625
-
1 048
-
national
22 089
-
42 471
-
total
35 226
-
64 495
-
Employer

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

71 847
-
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.

934
-
1 567
-
unemployment

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

1 048
-
1 759
-
surtax
8 147
-
13 659
-
pensions

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

6 366
-
10 670
-
health

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

4 418
-
7 407
-
total
20 913
-
35 062
-
Corporate
62 739
155 500
-
-
surtax
252
621
-
-
income
12 548
31 100
-
-
total
12 800
31 721
-
-
Dividends
49 940
123 779
-
-
withholding

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

14 616
36 768
-
-
total
14 616
36 768
-
-
Income
155 500
155 500
155 500
155 500
Total tax
83 555
68 489
99 557
87 862
After tax
71 945
87 011
55 943
67 638
Living cost
36 623
36 623
36 623
36 623
Free-cash
35 322
50 388
19 320
31 015

Estimated living cost  is ₽36623 per week

₽23590
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3202
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽574
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9258
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Brussels model

Close
Barcelona , Spain
₽67636
₽60371
₽51233
₽47020
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
155 500
accident
-
-
-
839
income
-
-
-
40 063
pensions
-
-
-
26 346
other
-
-
-
93
unemployment
-
-
-
652
total
-
-
-
67 993
Employee
49 998
-
125 820
-
other
50
-
93
-
income
10 549
-
36 615
-
pensions
2 350
-
4 376
-
unemployment
776
-
1 443
-
total
13 725
-
42 527
-
Employer
49 998
-
125 820
-
accident
989
-
1 843
-
other
398
-
745
-
unemployment
2 750
-
5 120
-
pensions
11 799
-
21 971
-
total
15 936
-
29 679
-
Corporate
89 565
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.

13 434
23 325
-
-
total
13 434
23 325
-
-
Dividends
76 131
132 175
-
-
withholding
15 760
28 265
-
-
total
15 760
28 265
-
-
Income
155 500
155 500
155 500
155 500
Total tax
58 855
51 590
72 206
67 993
After tax
96 645
103 910
83 294
87 507
Living cost
36 274
36 274
36 274
36 274
Free-cash
60 371
67 636
47 020
51 233

Estimated living cost  is ₽36274 per week

₽26712
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2573
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽522
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6465
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Barcelona model

Close
Luxembourg , Luxembourg
₽37608
₽25839
₽24695
₽30896
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
155 500
accident
-
-
-
1 311
income
-
-
-
23 139
pensions
-
-
-
23 308
health
-
-
-
10 926
surtax
-
-
-
7 708
communal
-
-
-
9 828
total
-
-
-
76 220
Employee
76 064
-
138 902
-
health
3 385
-
6 180
-
surtax
4 662
-
8 513
-
income
7 347
-
27 617
-
pensions
6 084
-
11 112
-
total
21 478
-
53 422
-
Employer
76 064
-
138 902
-
accident
684
-
1 250
-
pensions
6 084
-
11 112
-
health
2 320
-
4 235
-
total
9 088
-
16 597
-
Corporate
70 347
155 500
-
-
surtax
740
1 634
-
-
communal
4 748
10 497
-
-
income
10 552
23 325
-
-
total
16 040
35 456
-
-
Dividends
54 308
120 045
-
-
income
20 323
9 844
-
-
withholding
8 147
18 007
-
-
total
28 470
27 851
-
-
Income
155 500
155 500
155 500
155 500
Total tax
75 076
63 307
70 019
76 220
After tax
80 424
92 193
85 481
79 280
Living cost
54 585
54 585
54 585
54 585
Free-cash
25 839
37 608
30 896
24 695

Estimated living cost  is ₽54585 per week

₽40947
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3307
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽578
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9752
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Luxembourg model

Close
Athens , Greece
₽75249
₽72052
₽51232
₽45881
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
39 420
pensions
-
-
-
26 811
other
-
-
-
-
unemployment
-
-
-
229
health
-
-
-
9 517
surtax
-
-
-
5 730
total
-
-
-
81 707
Employee
33 826
-
128 460
-
other
-
-
-
-
health
863
-
3 277
-
surtax
120
-
4 885
-
income
5 671
-
34 348
-
pensions
2 257
-
8 568
-
unemployment
2 354
-
8 941
-
total
11 265
-
60 019
-
Employer
33 826
-
128 460
-
other
-
-
-
-
unemployment
1 073
-
4 071
-
pensions
4 510
-
17 124
-
health
1 538
-
5 844
-
total
7 121
-
27 039
-
Corporate
114 553
155 500
-
-
income
29 785
40 430
-
-
total
29 785
40 430
-
-
Dividends
84 769
115 070
-
-
withholding
12 716
17 260
-
-
total
12 716
17 260
-
-
Income
155 500
155 500
155 500
155 500
Total tax
60 887
57 690
87 058
81 707
After tax
94 613
97 810
68 442
73 793
Living cost
22 561
22 561
22 561
22 561
Free-cash
72 052
75 249
45 881
51 232

Estimated living cost  is ₽22561 per week

₽13621
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1961
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽524
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6456
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details

Source of data for Athens model

Close
Naples , Italy
₽54678
₽52447
₽47982
₽40941
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
155 500
municipal
-
-
-
924
regional
-
-
-
2 345
national
-
-
-
37 197
social contributions
-
-
-
39 995
total
-
-
-
80 461
Employee
55 717
-
155 500
-
social contributions
18 788
-
52 435
-
regional
750
-
2 092
-
municipal
295
-
825
-
national
8 827
-
32 150
-
total
28 660
-
87 502
-
Employer
55 717
-
155 500
-
total
-
-
-
-
Corporate
99 783
155 500
-
-
nationa
23 948
37 319
-
-
municipal
4 960
7 729
-
-
total
28 908
45 048
-
-
Dividends
70 875
110 452
-
-
withholding
18 428
28 717
-
-
total
18 428
28 717
-
-
Income
155 500
155 500
155 500
155 500
Total tax
75 996
73 765
87 502
80 461
After tax
79 504
81 735
67 998
75 039
Living cost
27 057
27 057
27 057
27 057
Free-cash
52 447
54 678
40 941
47 982

Estimated living cost  is ₽27057 per week

₽16827
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2741
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽463
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7026
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Naples model

Close
Prague , Czech Republic
₽77464
₽66905
₽55356
₽49313
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
14 992
health
-
-
-
20 992
solidarity contribution
-
-
-
-
social contributions
-
-
-
34 562
total
-
-
-
70 546
Employee
43 526
-
116 045
-
social contributions
2 829
-
7 543
-
health
5 876
-
15 666
-
solidarity contribution
-
-
-
-
income
5 223
-
13 925
-
total
13 928
-
37 134
-
Employer
43 526
-
116 045
-
social contributions
10 882
-
29 011
-
health
3 917
-
10 444
-
total
14 799
-
39 455
-
Corporate
97 175
155 500
-
-
income
18 463
29 545
-
-
total
18 463
29 545
-
-
Dividends
78 712
125 955
-
-
withholding
11 807
18 893
-
-
total
11 807
18 893
-
-
Income
155 500
155 500
155 500
155 500
Total tax
58 997
48 438
76 589
70 546
After tax
96 503
107 062
78 911
84 954
Living cost
29 598
29 598
29 598
29 598
Free-cash
66 905
77 464
49 313
55 356

Estimated living cost  is ₽29598 per week

₽22011
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1640
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽512
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5435
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Prague model

Close
Graz , Austria
₽54306
₽53811
₽47906
₽8662
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
621
income
-
-
-
38 084
pensions
-
-
-
21 708
unemployment
-
-
-
6 160
health
-
-
-
8 976
surtax
-
-
-
-
total
-
-
-
75 549
Employee
43 906
40 028
121 431
-
other
438
400
1 174
-
health
1 698
1 550
4 540
-
income
3 911
2 953
30 067
-
pensions
4 496
4 098
12 016
-
unemployment
1 317
1 201
3 521
-
total
11 860
10 202
51 318
-
Employer
43 906
40 028
121 431
-
accident
570
520
1 525
-
other
2 085
1 900
5 734
-
chamber of commerce
175
160
486
-
unemployment
1 317
1 201
3 521
-
surtax
-
-
-
-
pensions
5 511
5 024
14 726
-
payroll
1 317
1 201
3 643
-
health
1 660
1 513
4 435
-
total
12 635
11 519
34 070
-
Corporate
98 958
103 952
117 618
-
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.

24 739
25 988
29 405
-
total
24 739
25 988
29 405
-
Dividends
74 219
77 964
-
-
withholding
20 410
21 440
-
-
total
20 410
21 440
-
-
Income
155 500
155 500
155 500
155 500
Total tax
69 644
69 149
114 793
75 549
After tax
85 856
86 351
40 707
79 951
Living cost
32 045
32 045
32 045
32 045
Free-cash
53 811
54 306
8 662
47 906

Estimated living cost  is ₽32045 per week

₽19223
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3273
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽572
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8978
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

As a Third Country National (non-EU/EFTA/Swiss and without a long-term EU resident permit), you can apply for permanent residence when your business creates macroeconomic benefit. This could be an investment starting from €100,000, creating new jobs or securing existing ones, or making a substantial contribution to the region's economy. You can also be considered with a transfer of know-how to Austria or an evident commitment to develop an innovative product or technology.

Source of data for Graz model

Close
Tbilisi , Georgia
₽133544
₽130885
₽139764
₽110219
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
17 726
-
155 500
-
income
3 545
-
31 100
-
total
3 545
-
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%.

137 774
155 500
-
-
total
-
-
-
-
Dividends
137 774
155 500
-
-
withholding
6 889
7 775
-
-
total
6 889
7 775
-
-
Income
155 500
155 500
155 500
155 500
Total tax
10 434
7 775
31 100
1 555
After tax
145 066
147 725
124 400
153 945
Living cost
14 181
14 181
14 181
14 181
Free-cash
130 885
133 544
110 219
139 764

Estimated living cost  is ₽14181 per week

₽9596
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽595
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽476
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3513
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

Social security system in Georgia is financed from the government taxes which are part of our internal model. Separate pension and medical insurance contributions are not compulsory. It is advisable to purchase health insurance privately as in an event of medical emergency the treatment is likely to get costly.

Source of data for Tbilisi model

Close
Ljubljana , Slovenia
₽80122
₽71719
₽50093
₽45972
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
income
-
-
-
34 534
pensions
-
-
-
28 399
unemployment
-
-
-
233
health
-
-
-
15 300
total
-
-
-
78 466
Employee

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

44 416
-
134 550
-
health
2 869
-
8 694
-
income
7 659
-
31 900
-
pensions
6 885
-
20 855
-
unemployment
63
-
189
-
total
17 476
-
61 638
-
Employer

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

44 416
-
134 550
-
unemployment
27
-
80
-
pensions
3 930
-
11 907
-
health
2 958
-
8 962
-
total
6 915
-
20 949
-
Corporate
104 169
155 500
-
-
income
19 793
29 544
-
-
total
19 793
29 544
-
-
Dividends
84 376
125 956
-
-
withholding
12 656
18 893
-
-
total
12 656
18 893
-
-
Income
155 500
155 500
155 500
155 500
Total tax
56 840
48 437
82 587
78 466
After tax
98 660
107 063
72 913
77 034
Living cost
26 941
26 941
26 941
26 941
Free-cash
71 719
80 122
45 972
50 093

Estimated living cost  is ₽26941 per week

₽18489
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1727
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽522
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6204
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Ljubljana model

Close
Oslo , Norway
₽51044
₽3022
₽63901
₽98656
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
30 310
social contributions
-
-
-
17 727
total
-
-
-
48 037
Employee
62 462
-
-
-
social contributions
5 122
-
730
-
income
13 778
-
-
-
total
18 900
-
730
-
Employer
62 462
-
-
-
social contributions
88 071
-
12 552
-
total
88 071
-
12 552
-
Corporate
4 967
155 500
-
-
income
1 093
34 210
-
-
total
1 093
34 210
-
-
Dividends
3 875
121 290
-
-
income
852
26 684
-
-
total
852
26 684
-
-
Income
155 500
155 500
155 500
155 500
Total tax
108 916
60 894
13 282
48 037
After tax
46 584
94 606
142 218
107 463
Living cost
43 562
43 562
43 562
43 562
Free-cash
3 022
51 044
98 656
63 901

Estimated living cost  is ₽43562 per week

₽28265
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4097
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽555
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10645
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Oslo model

Close
Lisbon , Portugal
₽56942
₽55931
₽52533
₽41356
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
income
-
-
-
17 425
surtax
-
-
-
-
social contributions

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

-
-
-
54 036
total
-
-
-
71 461
Employee
46 196
-
125 656
-
social contributions
5 082
-
13 823
-
surtax
-
-
-
-
income
9 609
-
38 971
-
total
14 691
-
52 794
-
Employer
46 196
-
125 656
-
social contributions
10 971
-
29 844
-
total
10 971
-
29 844
-
Corporate
98 333
155 500
-
-
surtax
-
-
-
-
income
20 651
32 655
-
-
total
20 651
32 655
-
-
Dividends
77 682
122 845
-
-
withholding
21 750
34 397
-
-
total
21 750
34 397
-
-
Income
155 500
155 500
155 500
155 500
Total tax
68 063
67 052
82 638
71 461
After tax
87 437
88 448
72 862
84 039
Living cost
31 506
31 506
31 506
31 506
Free-cash
55 931
56 942
41 356
52 533

Estimated living cost  is ₽31506 per week

₽23573
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1858
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽526
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5549
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Lisbon model

Close
Paris , France
₽29860
₽36762
₽39463
₽39335
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
22 598
pensions
-
-
-
29 770
other
-
-
-
4 820
health
-
-
-
5 905
surtax
-
-
-
-
social contributions
-
-
-
4 432
total
-
-
-
67 525
Employee
62 909
-
121 686
-
social contributions
1 792
-
3 467
-
surtax
-
-
-
-
income
5 489
-
22 470
-
pensions
7 115
-
7 905
-
total
14 396
-
33 842
-
Employer
62 909
-
121 686
-
other
2 171
-
4 509
-
social contributions
189
-
366
-
unemployment
2 548
-
4 929
-
pensions
10 337
-
13 408
-
health
4 403
-
10 599
-
total
19 648
-
33 811
-
Corporate
72 943
155 500
-
-
surtax
-
-
-
-
income
20 424
43 541
-
-
total
20 424
43 541
-
-
Dividends
52 519
111 959
-
-
surtax
-
-
-
-
social contributions
9 035
19 257
-
-
withholding
6 723
14 330
-
-
total
15 758
33 587
-
-
Income
155 500
155 500
155 500
155 500
Total tax
70 226
77 128
67 653
67 525
After tax
85 274
78 372
87 847
87 975
Living cost
48 512
48 512
48 512
48 512
Free-cash
36 762
29 860
39 335
39 463

Estimated living cost  is ₽48512 per week

₽32832
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3968
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽665
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽11046
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Paris model

Close
Andorra , Andorra
₽109757
₽106383
₽85068
₽89200
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
6 029
social contributions
-
-
-
34 210
total
-
-
-
40 239
Employee
32 291
-
134 632
-
income
-
-
6 488
-
social contributions
2 099
-
8 751
-
total
2 099
-
15 239
-
Employer
32 291
-
134 632
-
social contributions
5 005
-
20 868
-
total
5 005
-
20 868
-
Corporate
118 203
155 500
-
-
income
11 820
15 550
-
-
total
11 820
15 550
-
-
Dividends
106 384
139 950
-
-
total
-
-
-
-
Income
155 500
155 500
155 500
155 500
Total tax
18 924
15 550
36 107
40 239
After tax
136 576
139 950
119 393
115 261
Living cost
30 193
30 193
30 193
30 193
Free-cash
106 383
109 757
89 200
85 068

Estimated living cost  is ₽30193 per week

₽19522
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2276
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽568
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7826
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

Andorra has a limit of 1000 sole-trade resident permits per year, so while it isn't complicated to obtain one, it may get difficult by the end of the term.

Source of data for Andorra model

Close
Copenhagen , Denmark
-₽63340
-₽63340
₽44576
-₽63340
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
155 500
municipal
-
-
-
31 755
pensions
-
-
-
871
national
-
-
-
17 555
labour market
-
-
-
12 370
total
-
-
-
62 551
Employee
204 171
204 171
204 171
-
labour market
16 310
16 310
16 310
-
national
24 943
24 943
24 943
-
municipal
43 477
43 477
43 477
-
pensions
290
290
290
-
total
85 020
85 020
85 020
-
Employer
204 171
204 171
204 171
-
labour market
16 334
16 334
16 334
-
municipal
43 546
43 546
43 546
-
pensions
580
580
580
-
national
24 987
24 987
24 987
-
total
85 447
85 447
85 447
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
155 500
155 500
155 500
155 500
Total tax
170 467
170 467
170 467
62 551
After tax
-14 967
-14 967
-14 967
92 949
Living cost
48 373
48 373
48 373
48 373
Free-cash
-63 340
-63 340
-63 340
44 576

Estimated living cost  is ₽48373 per week

₽33107
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4279
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽744
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10243
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Copenhagen model

Close
Krakow , Poland
-₽9125
₽9265
₽84657
₽62007
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
155 500
accident
-
-
-
253
income
-
-
-
42 145
pensions
-
-
-
4 169
other
-
-
-
371
health
-
-
-
2 185
total
-
-
-
49 123
Employee
34 167
-
138 744
-
health
3 912
-
15 886
-
income
4 687
-
31 486
-
pensions
3 847
-
7 645
-
total
12 446
-
55 017
-
Employer
34 167
-
138 744
-
accident
571
-
2 317
-
unemployment
837
-
3 399
-
pensions
5 555
-
11 040
-
total
6 963
-
16 756
-
Corporate
114 370
155 500
-
-
income

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

102 933
139 950
-
-
total
102 933
139 950
-
-
Dividends
11 437
15 550
-
-
withholding
2 173
2 955
-
-
total
2 173
2 955
-
-
Income
155 500
155 500
155 500
155 500
Total tax
124 515
142 905
71 773
49 123
After tax
30 985
12 595
83 727
106 377
Living cost
21 720
21 720
21 720
21 720
Free-cash
9 265
-9 125
62 007
84 657

Estimated living cost  is ₽21720 per week

₽15810
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1238
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽408
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4264
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

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

Source of data for Krakow model

Close
Helsinki , Finland
₽60206
₽62217
₽64847
₽44373
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
27 634
health
-
-
-
1 975
national
-
-
-
22 481
total
-
-
-
52 090
Employee
52 845
-
130 816
-
health
395
-
1 595
-
municipal
8 656
-
21 318
-
pensions
3 566
-
8 831
-
unemployment
793
-
1 961
-
national
873
-
14 175
-
total
14 283
-
47 880
-
Employer
52 845
-
130 816
-
accident
53
-
132
-
unemployment
343
-
850
-
pensions
9 168
-
22 696
-
health
406
-
1 006
-
total
9 970
-
24 684
-
Corporate
92 684
155 500
-
-
income
18 537
31 100
-
-
total
18 537
31 100
-
-
Dividends

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

55 611
93 300
-
-
national
1 919
8 836
-
-
municipal
10 011
16 795
-
-
total
11 930
25 631
-
-
Income
155 500
155 500
155 500
155 500
Total tax
54 720
56 731
72 564
52 090
After tax
100 780
98 769
82 936
103 410
Living cost
38 563
38 563
38 563
38 563
Free-cash
62 217
60 206
44 373
64 847

Estimated living cost  is ₽38563 per week

₽25189
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3709
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽614
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9052
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

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

Source of data for Helsinki model

Close
Larnaca , Cyprus
₽90254
₽84787
₽84103
₽82677
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
27 926
health
-
-
-
3 965
social contributions
-
-
-
16 251
total
-
-
-
48 142
Employee
77 236
77 236
144 187
-
social contributions
2 920
6 410
8 646
-
health
599
1 313
2 451
-
income
8 410
7 150
27 158
-
total
11 929
14 873
38 255
-
Employer
77 236
77 236
144 187
-
social contributions
2 920
6 410
8 646
-
health
650
1 430
2 667
-
total
3 570
7 840
11 313
-
Corporate
116 746
70 425
-
-
income
14 593
8 802
-
-
total
14 593
8 802
-
-
Dividends
102 153
61 622
-
-
withholding
17 366
10 476
-
-
total
17 366
10 476
-
-
Income
155 500
155 500
155 500
155 500
Total tax
47 458
41 991
49 568
48 142
After tax
108 042
113 509
105 932
107 358
Living cost
23 255
23 255
23 255
23 255
Free-cash
84 787
90 254
82 677
84 103

Estimated living cost  is ₽23255 per week

₽13937
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2282
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽515
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6523
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Larnaca model

Close
Podgorica , Montenegro
₽112823
₽107713
₽113857
₽93708
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
income
-
-
-
15 643
pensions
-
-
-
6 389
unemployment
-
-
-
29
health
-
-
-
3 635
total
-
-
-
25 696
Employee

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

23 055
-
145 684
-
health
1 959
-
8 101
-
income
1 576
-
13 154
-
pensions
3 458
-
14 296
-
unemployment
114
-
477
-
total
7 107
-
36 028
-
Employer

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

23 055
-
145 684
-
unemployment
114
-
477
-
pensions
1 268
-
5 242
-
health
991
-
4 098
-
total
2 373
-
9 817
-
Corporate
130 072
155 500
-
-
income
11 707
13 995
-
-
total
11 707
13 995
-
-
Dividends
118 365
141 505
-
-
withholding
10 653
12 735
-
-
total
10 653
12 735
-
-
Income
155 500
155 500
155 500
155 500
Total tax
31 840
26 730
45 845
25 696
After tax
123 660
128 770
109 655
129 804
Living cost
15 947
15 947
15 947
15 947
Free-cash
107 713
112 823
93 708
113 857

Estimated living cost  is ₽15947 per week

₽10175
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1149
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽475
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4148
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Podgorica model

Close
Valencia , Spain
₽76289
₽71757
₽59886
₽55673
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
155 500
accident
-
-
-
839
income
-
-
-
40 063
pensions
-
-
-
26 346
other
-
-
-
93
unemployment
-
-
-
652
total
-
-
-
67 993
Employee
37 140
-
125 820
-
other
36
-
93
-
income
7 160
-
36 615
-
pensions
1 746
-
4 376
-
unemployment
576
-
1 443
-
total
9 518
-
42 527
-
Employer
37 140
-
125 820
-
accident
736
-
1 843
-
other
297
-
745
-
unemployment
2 043
-
5 120
-
pensions
8 764
-
21 971
-
total
11 840
-
29 679
-
Corporate
106 520
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.

15 979
23 325
-
-
total
15 979
23 325
-
-
Dividends
90 541
132 175
-
-
withholding
18 785
28 265
-
-
total
18 785
28 265
-
-
Income
155 500
155 500
155 500
155 500
Total tax
56 122
51 590
72 206
67 993
After tax
99 378
103 910
83 294
87 507
Living cost
27 621
27 621
27 621
27 621
Free-cash
71 757
76 289
55 673
59 886

Estimated living cost  is ₽27621 per week

₽18643
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2655
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽484
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5838
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Valencia model

Close
Istanbul , Turkey
₽94281
₽93828
₽96708
₽96512
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
52 579
pensions
-
-
-
2 007
health
-
-
-
1 455
total
-
-
-
56 041
Employee
4 190
-
153 243
-
health
210
-
502
-
income
811
-
52 474
-
pensions
377
-
903
-
unemployment
42
-
100
-
total
1 440
-
53 979
-
Employer
4 190
-
153 243
-
unemployment
84
-
201
-
pensions
461
-
1 104
-
health
398
-
953
-
total
943
-
2 258
-
Corporate
150 367
155 500
-
-
income
33 081
34 210
-
-
total
33 081
34 210
-
-
Dividends
117 286
121 290
-
-
withholding
23 457
24 258
-
-
total
23 457
24 258
-
-
Income
155 500
155 500
155 500
155 500
Total tax
58 921
58 468
56 237
56 041
After tax
96 579
97 032
99 263
99 459
Living cost
2 751
2 751
2 751
2 751
Free-cash
93 828
94 281
96 512
96 708

Estimated living cost  is ₽2751 per week

₽1635
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽223
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽63
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽830
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details

Source of data for Istanbul model

Close
Belgrade , Serbia
₽94979
₽90038
₽75393
₽75392
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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
income
-
-
-
34 679
pensions
-
-
-
19 299
unemployment
-
-
-
1 113
health
-
-
-
7 646
total
-
-
-
62 737
Employee

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

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

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

26 193
-
142 213
-
health
1 349
-
3 823
-
income
3 610
-
34 679
-
pensions
3 667
-
10 392
-
unemployment
196
-
557
-
total
8 822
-
49 451
-
Employer

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

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

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

26 193
-
142 213
-
unemployment
196
-
557
-
pensions
3 143
-
8 907
-
health
1 349
-
3 823
-
total
4 688
-
13 287
-
Corporate
124 619
155 500
-
-
income
18 693
23 325
-
-
total
18 693
23 325
-
-
Dividends
105 926
132 175
-
-
withholding
15 889
19 826
-
-
total
15 889
19 826
-
-
Income
155 500
155 500
155 500
155 500
Total tax
48 092
43 151
62 738
62 737
After tax
107 408
112 349
92 762
92 763
Living cost
17 370
17 370
17 370
17 370
Free-cash
90 038
94 979
75 392
75 393

Estimated living cost  is ₽17370 per week

₽11695
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1344
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽503
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3829
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Belgrade model

Close
Porto , Portugal
₽61369
₽61008
₽56960
₽45783
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
income
-
-
-
17 425
surtax
-
-
-
-
social contributions

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

-
-
-
54 036
total
-
-
-
71 461
Employee
38 984
-
125 656
-
social contributions
4 289
-
13 823
-
surtax
-
-
-
-
income
7 617
-
38 971
-
total
11 906
-
52 794
-
Employer
38 984
-
125 656
-
social contributions
9 258
-
29 844
-
total
9 258
-
29 844
-
Corporate
107 258
155 500
-
-
surtax
-
-
-
-
income
22 524
32 655
-
-
total
22 524
32 655
-
-
Dividends
84 734
122 845
-
-
withholding
23 725
34 397
-
-
total
23 725
34 397
-
-
Income
155 500
155 500
155 500
155 500
Total tax
67 413
67 052
82 638
71 461
After tax
88 087
88 448
72 862
84 039
Living cost
27 079
27 079
27 079
27 079
Free-cash
61 008
61 369
45 783
56 960

Estimated living cost  is ₽27079 per week

₽19179
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1881
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽480
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5539
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Porto model

Close
Madrid , Spain
₽68610
₽61684
₽52207
₽47994
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
155 500
accident
-
-
-
839
income
-
-
-
40 063
pensions
-
-
-
26 346
other
-
-
-
93
unemployment
-
-
-
652
total
-
-
-
67 993
Employee
48 509
-
125 820
-
other
48
-
93
-
income
10 132
-
36 615
-
pensions
2 280
-
4 376
-
unemployment
751
-
1 443
-
total
13 211
-
42 527
-
Employer
48 509
-
125 820
-
accident
961
-
1 843
-
other
389
-
745
-
unemployment
2 669
-
5 120
-
pensions
11 448
-
21 971
-
total
15 467
-
29 679
-
Corporate
91 525
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.

13 730
23 325
-
-
total
13 730
23 325
-
-
Dividends
77 795
132 175
-
-
withholding
16 108
28 265
-
-
total
16 108
28 265
-
-
Income
155 500
155 500
155 500
155 500
Total tax
58 516
51 590
72 206
67 993
After tax
96 984
103 910
83 294
87 507
Living cost
35 300
35 300
35 300
35 300
Free-cash
61 684
68 610
47 994
52 207

Estimated living cost  is ₽35300 per week

₽25351
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2745
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽497
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6708
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Madrid model

Close
Sofia , Bulgaria
₽115676
₽109558
₽105533
₽111400
S + D Salary + Dividends

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

Dividends

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

Salary

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

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

-
-
-
5 192
unemployment
-
-
-
140
health
-
-
-
4 034
total
-
-
-
32 691
Employee
22 876
-
148 617
-
health
1 052
-
1 614
-
accident

We are using the highest rate at 1.1%.

251
-
386
-
income
2 288
-
14 861
-
pensions

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

2 008
-
3 080
-
total
5 599
-
19 941
-
Employer
22 876
-
148 617
-
accident

We are using the highest rate at 1.1%.

251
-
386
-
unemployment
137
-
210
-
pensions

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

2 521
-
3 866
-
health
1 579
-
2 421
-
total
4 488
-
6 883
-
Corporate
128 135
155 500
-
-
income
12 813
15 550
-
-
total
12 813
15 550
-
-
Dividends
115 322
139 950
-
-
withholding
5 766
6 998
-
-
total
5 766
6 998
-
-
Income
155 500
155 500
155 500
155 500
Total tax
28 666
22 548
26 824
32 691
After tax
126 834
132 952
128 676
122 809
Living cost
17 276
17 276
17 276
17 276
Free-cash
109 558
115 676
111 400
105 533

Estimated living cost  is ₽17276 per week

₽11426
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽989
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽412
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4449
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Sofia model

Close
Berlin , Germany
₽41282
₽54425
₽46044
₽61657
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
15 613
income

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

-
-
-
45 691
health

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

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

-
-
-
6 862
surtax

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

-
-
-
2 512
total
-
-
-
70 678
Employee

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

49 976
-
155 500
-
health

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

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

6 862
-
6 862
-
surtax

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

227
-
2 512
-
income

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

4 110
-
45 691
-
total
11 199
-
55 065
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
105 524
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.

871
1 283
-
-
income
15 828
23 325
-
-
trade
15 142
22 315
-
-
chamber of commerce
307
381
-
-
total
32 148
47 304
-
-
Dividends
73 375
108 197
-
-
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.

987
1 468
-
-
withholding
17 963
26 668
-
-
total
18 950
28 136
-
-
Income
155 500
155 500
155 500
155 500
Total tax
62 297
75 440
55 065
70 678
After tax
93 203
80 060
100 435
84 822
Living cost
38 778
38 778
38 778
38 778
Free-cash
54 425
41 282
61 657
46 044

Estimated living cost  is ₽38778 per week

₽26750
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4172
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽562
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7293
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

Nationals of Europe, Australia, Canada, Israel, Japan, the Republic of Korea, New Zealand and the USA do not require an entry type D visa (not to confuse with a Schengen visa or a visa-free entry). For other nationals, waiting time is around 6-9 months which includes document preparation and processing.

Source of data for Berlin model

Close
Dublin , Ireland
₽51632
₽53851
₽27240
₽27240
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
45 597
social contributions
-
-
-
25 446
total
-
-
-
71 043
Employee
78 569
-
155 500
-
income
14 826
-
45 597
-
social contributions
6 527
-
25 446
-
total
21 353
-
71 043
-
Employer
78 569
-
155 500
-
total
-
-
-
-
Corporate
76 931
155 500
-
-
income
9 616
19 438
-
-
total
9 616
19 438
-
-
Dividends
67 315
136 062
-
-
withholding
13 463
27 213
-
-
total
13 463
27 213
-
-
Income
155 500
155 500
155 500
155 500
Total tax
44 432
46 651
71 043
71 043
After tax
111 068
108 849
84 457
84 457
Living cost
57 217
57 217
57 217
57 217
Free-cash
53 851
51 632
27 240
27 240

Estimated living cost  is ₽57217 per week

₽43529
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4662
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽547
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8478
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

To obtain permanent residence for non EEA/Swiss nationals, it is required to invest a huge amount - at least €1 million aggregate investment into a new or an existing Irish business, for a minimum of three years.

Source of data for Dublin model

Close
Sliema , Malta
₽59307
₽62815
₽83718
₽75411
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

We use The Residence Programme or The Global Residence Programme.

-
-
-
155 500
income
-
-
-
28 591
health

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

-
-
-
6 730
total
-
-
-
35 321
Employee
46 077
-
150 880
-
income
5 000
-
34 388
-
social contributions
4 617
-
4 620
-
total
9 617
-
39 008
-
Employer
46 077
-
150 880
-
social contributions
4 617
-
4 620
-
total
4 617
-
4 620
-
Corporate
104 806
155 500
-
-
income
36 683
54 425
-
-
total
36 683
54 425
-
-
Dividends
68 124
101 075
-
-
social contributions
5 307
5 307
-
-
total
5 307
5 307
-
-
Income
155 500
155 500
155 500
155 500
Total tax
56 224
59 732
43 628
35 321
After tax
99 276
95 768
111 872
120 179
Living cost
36 461
36 461
36 461
36 461
Free-cash
62 815
59 307
75 411
83 718

Estimated living cost  is ₽36461 per week

₽24017
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2874
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽558
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9010
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Sliema model

Close
Edinburgh , United Kingdom
₽66810
₽72753
₽67442
₽53252
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
42 187
pensions
-
-
-
8 603
total
-
-
-
50 790
Employee
51 156
-
136 033
-
health
667
-
2 055
-
income
9 316
-
32 723
-
pensions
3 904
-
10 737
-
total
13 887
-
45 515
-
Employer
51 156
-
136 033
-
pensions
5 168
-
16 880
-
health
972
-
2 585
-
total
6 140
-
19 465
-
Corporate
98 204
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.

18 658
29 545
-
-
total
18 658
29 545
-
-
Dividends
79 545
125 955
-
-
withholding
6 794
21 877
-
-
total
6 794
21 877
-
-
Income
155 500
155 500
155 500
155 500
Total tax
45 479
51 422
64 980
50 790
After tax
110 021
104 078
90 520
104 710
Living cost
37 268
37 268
37 268
37 268
Free-cash
72 753
66 810
53 252
67 442

Estimated living cost  is ₽37268 per week

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

Additional information

The only visa which will gain you entry to the UK as a freelancer is Tier 1 (with an exception of EU nationals or long-term UK residence permit holders, up until Brexit). There are two Tier 1 visa pathways.

You can either apply for an Entrepreneur visa which requires an investment of at least £200000 and creating two full time jobs, or choose an Exceptional Talent visa, which has no financial requirements but is more difficult to obtain.

Source of data for Edinburgh model

Close
Warsaw , Poland
-₽11276
₽8934
₽82506
₽59856
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
155 500
accident
-
-
-
253
income
-
-
-
42 145
pensions
-
-
-
4 169
other
-
-
-
371
health
-
-
-
2 185
total
-
-
-
49 123
Employee
37 549
-
138 744
-
health
4 299
-
15 886
-
income
5 151
-
31 486
-
pensions
4 228
-
7 645
-
total
13 678
-
55 017
-
Employer
37 549
-
138 744
-
accident
627
-
2 317
-
unemployment
920
-
3 399
-
pensions
6 105
-
11 040
-
total
7 652
-
16 756
-
Corporate
110 299
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.

99 269
139 950
-
-
total
99 269
139 950
-
-
Dividends
11 030
15 550
-
-
withholding
2 096
2 955
-
-
total
2 096
2 955
-
-
Income
155 500
155 500
155 500
155 500
Total tax
122 695
142 905
71 773
49 123
After tax
32 805
12 595
83 727
106 377
Living cost
23 871
23 871
23 871
23 871
Free-cash
8 934
-11 276
59 856
82 506

Estimated living cost  is ₽23871 per week

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

Additional information

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

Source of data for Warsaw model

Close
Skopje , Macedonia
₽117287
₽112588
₽73858
₽94534
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
155 500
work injury
-
-
-
777
health insurance
-
-
-
11 507
income
-
-
-
25 314
pensions
-
-
-
28 612
unemployment
-
-
-
1 866
total
-
-
-
68 076
Employee

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

21 706
-
155 500
-
work injury
109
-
402
-
income
2 171
-
25 314
-
pensions
3 994
-
14 777
-
health insurance
1 606
-
5 943
-
unemployment
260
-
964
-
total
8 140
-
47 400
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
133 794
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%.

1 338
1 555
-
-
total
1 338
1 555
-
-
Dividends
132 456
153 945
-
-
withholding
19 868
23 092
-
-
total
19 868
23 092
-
-
Income
155 500
155 500
155 500
155 500
Total tax
29 346
24 647
47 400
68 076
After tax
126 154
130 853
108 100
87 424
Living cost
13 566
13 566
13 566
13 566
Free-cash
112 588
117 287
94 534
73 858

Estimated living cost  is ₽13566 per week

₽8404
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽986
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽423
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3753
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Skopje model

Close
Rome , Italy
₽41894
₽37324
₽33716
₽26848
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
155 500
municipal
-
-
-
1 039
regional
-
-
-
3 539
national
-
-
-
37 197
social contributions
-
-
-
39 995
total
-
-
-
81 770
Employee
84 639
-
155 500
-
social contributions
28 540
-
52 435
-
regional
1 278
-
3 125
-
municipal
505
-
928
-
national
14 303
-
32 150
-
total
44 626
-
88 638
-
Employer
84 639
-
155 500
-
total
-
-
-
-
Corporate
70 861
155 500
-
-
nationa
17 006
37 319
-
-
municipal
3 416
7 495
-
-
total
20 422
44 814
-
-
Dividends
50 439
110 686
-
-
withholding
13 114
28 778
-
-
total
13 114
28 778
-
-
Income
155 500
155 500
155 500
155 500
Total tax
78 162
73 592
88 638
81 770
After tax
77 338
81 908
66 862
73 730
Living cost
40 014
40 014
40 014
40 014
Free-cash
37 324
41 894
26 848
33 716

Estimated living cost  is ₽40014 per week

₽28107
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2752
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽604
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8549
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Rome model

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