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
₽49863
₽71014
₽53432
₽60299
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
income

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

-
-
-
46 877
surtax

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

-
-
-
2 579
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.

-
-
-
6 447
trade
-
-
-
17 582
total
-
-
-
73 485
Employee

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

36 093
-
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.

56
-
2 579
-
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.

1 008
-
46 877
-
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.

6 447
-
6 447
-
total
7 511
-
55 903
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
119 407
155 500
-
-
income
17 911
23 325
-
-
surtax

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

985
1 282
-
-
chamber of commerce
315
367
-
-
trade
18 807
24 491
-
-
total
38 018
49 465
-
-
Dividends
81 388
106 035
-
-
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.

1 100
1 438
-
-
withholding
19 989
26 151
-
-
total
21 089
27 589
-
-
Income
155 500
155 500
155 500
155 500
Total tax
66 618
77 054
55 903
73 485
After tax
88 882
78 446
99 597
82 015
Living cost
28 583
28 583
28 583
28 583
Free-cash
60 299
49 863
71 014
53 432

Estimated living cost  is ₽28583 per week

₽17980
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3333
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽534
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6737
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽46914
₽43176
₽41955
₽46081
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
155 500
social contributions
-
-
-
1 672
municipal
-
-
-
16 903
national
-
-
-
26 192
pensions
-
-
-
18 660
total
-
-
-
63 427
Employee
77 691
-
134 428
-
municipal
9 596
-
17 505
-
pensions
3 108
-
5 377
-
national
14 870
-
27 125
-
total
27 574
-
50 007
-
Employer
77 691
-
134 428
-
pensions
6 215
-
10 754
-
social contributions
835
-
1 445
-
total
7 050
-
12 199
-
Corporate
65 630
155 500
-
-
income

Corporate income tax will depend on a type of legal entity. For LLC and Limited Partnership it is set at 20%. All other entities pay 37.6%.

13 126
31 100
-
-
total
13 126
31 100
-
-
Dividends
52 504
124 400
-
-
withholding
11 551
27 368
-
-
total
11 551
27 368
-
-
Income
155 500
155 500
155 500
155 500
Total tax
59 301
58 468
62 206
63 427
After tax
96 199
97 032
93 294
92 073
Living cost
50 118
50 118
50 118
50 118
Free-cash
46 081
46 914
43 176
41 955

Estimated living cost  is ₽50118 per week

₽34064
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4659
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽750
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10644
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽104767
₽44218
₽33106
₽97027
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
income
-
-
-
26 953
surtax
-
-
-
39 653
social contributions

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

-
-
-
36 156
microenterprise
-
-
-
-
total
-
-
-
102 762
Employee
27 574
-
115 682
-
surtax
-
-
16 774
-
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.

3 034
-
12 371
-
income
4 909
-
22 687
-
total
7 943
-
51 832
-
Employer
27 574
-
115 682
-
social contributions

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

6 642
-
27 093
-
surtax
-
-
12 725
-
total
6 642
-
39 818
-
Corporate
121 284
155 500
-
-
income

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

24 256
31 101
-
-
total
24 256
31 101
-
-
Dividends

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

97 027
124 399
-
-
total
-
-
-
-
Income
155 500
155 500
155 500
155 500
Total tax
38 841
31 101
91 650
102 762
After tax
116 659
124 399
63 850
52 738
Living cost
19 632
19 632
19 632
19 632
Free-cash
97 027
104 767
44 218
33 106

Estimated living cost  is ₽19632 per week

₽12525
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1870
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽446
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4792
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽37295
₽56456
₽47063
₽31512
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
46 212
health
-
-
-
11 637
pensions
-
-
-
11 056
total
-
-
-
68 905
Employee
80 585
80 585
137 963
-
pensions
14 505
11 056
11 056
-
income

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

13 191
13 191
19 281
-
health
12 369
10 521
11 637
-
total
40 065
34 768
41 974
-
Employer
80 585
80 585
137 963
-
health
5 602
5 602
6 961
-
pensions
5 609
5 609
6 972
-
unemployment
2 901
2 901
3 605
-
total
14 112
14 112
17 538
-
Corporate
61 792
60 803
-
-
income
12 358
12 161
-
-
total
12 358
12 161
-
-
Dividends
49 434
48 642
-
-
income
10 505
10 336
-
-
withholding
7 416
7 296
-
-
total
17 921
17 632
-
-
Income
155 500
155 500
155 500
155 500
Total tax
84 456
78 673
59 512
68 905
After tax
71 044
76 827
95 988
86 595
Living cost
39 532
39 532
39 532
39 532
Free-cash
31 512
37 295
56 456
47 063

Estimated living cost  is ₽39532 per week

₽28015
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3564
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽629
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7324
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽47080
₽41816
₽42732
₽46230
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
166
other
-
-
-
9 633
unemployment
-
-
-
83
health
-
-
-
5 173
municipal
-
-
-
39 209
national
-
-
-
11 720
pensions
-
-
-
8 961
total
-
-
-
74 945
Employee
53 895
-
129 454
-
municipal
16 071
-
38 603
-
national
-
-
11 212
-
total
16 071
-
49 815
-
Employer
53 895
-
129 454
-
health
3 315
-
5 098
-
pensions
5 826
-
8 961
-
accident
108
-
166
-
unemployment
1 423
-
2 188
-
other
6 263
-
9 633
-
total
16 935
-
26 046
-
Corporate
84 671
155 500
-
-
income
18 628
34 210
-
-
total
18 628
34 210
-
-
Dividends
66 044
121 290
-
-
withholding
19 813
36 387
-
-
total
19 813
36 387
-
-
Income
155 500
155 500
155 500
155 500
Total tax
71 447
70 597
75 861
74 945
After tax
84 053
84 903
79 639
80 555
Living cost
37 823
37 823
37 823
37 823
Free-cash
46 230
47 080
41 816
42 732

Estimated living cost  is ₽37823 per week

₽25068
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3712
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.
₽8470
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Stockholm model

Close
Hamburg , Germany
₽40575
₽62526
₽44163
₽53835
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
income

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

-
-
-
46 877
surtax

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

-
-
-
2 579
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.

-
-
-
6 447
trade
-
-
-
18 363
total
-
-
-
74 266
Employee

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

47 855
-
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.

226
-
2 579
-
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.

4 112
-
46 877
-
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.

6 447
-
6 447
-
total
10 785
-
55 903
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
107 645
155 500
-
-
income
16 148
23 325
-
-
surtax

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

888
1 282
-
-
chamber of commerce
295
364
-
-
trade
17 707
25 580
-
-
total
35 038
50 551
-
-
Dividends
72 606
104 950
-
-
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.

978
1 424
-
-
withholding
17 793
25 879
-
-
total
18 771
27 303
-
-
Income
155 500
155 500
155 500
155 500
Total tax
64 594
77 854
55 903
74 266
After tax
90 906
77 646
99 597
81 234
Living cost
37 071
37 071
37 071
37 071
Free-cash
53 835
40 575
62 526
44 163

Estimated living cost  is ₽37071 per week

₽24793
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3909
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽553
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7815
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽82867
₽74816
₽76213
₽78953
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
29 446
social contributions
-
-
-
15 268
health
-
-
-
3 965
total
-
-
-
48 679
Employee
72 564
72 564
144 700
-
social contributions
3 526
6 022
8 123
-
income
7 620
6 717
28 692
-
health
722
1 234
2 461
-
total
11 868
13 973
39 276
-
Employer
72 564
72 564
144 700
-
health
786
1 343
2 677
-
social contributions
3 526
6 022
8 123
-
total
4 312
7 365
10 800
-
Corporate
108 712
75 571
-
-
income
13 588
9 446
-
-
total
13 588
9 446
-
-
Dividends
95 124
66 125
-
-
withholding
16 171
11 241
-
-
total
16 171
11 241
-
-
Income
155 500
155 500
155 500
155 500
Total tax
45 939
42 025
50 076
48 679
After tax
109 561
113 475
105 424
106 821
Living cost
30 608
30 608
30 608
30 608
Free-cash
78 953
82 867
74 816
76 213

Estimated living cost  is ₽30608 per week

₽20924
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2391
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽514
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6780
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽70497
₽73271
₽90850
₽70847
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
unemployment
-
-
-
2 332
health
-
-
-
10 885
pensions
-
-
-
15 550
total
-
-
-
47 777
Employee

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

The minimum wage is 138,000 HUF per month.

24 356
9 693
130 126
-
unemployment
365
145
1 952
-
pensions
2 436
969
13 013
-
income
2 978
1 185
15 908
-
health
1 705
679
9 109
-
total
7 484
2 978
39 982
-
Employer

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

The minimum wage is 138,000 HUF per month.

24 356
9 693
130 126
-
pensions
4 749
1 890
25 374
-
total
4 749
1 890
25 374
-
Corporate
126 394
143 916
-
-
income
11 375
12 952
-
-
total
11 375
12 952
-
-
Dividends
115 019
130 964
-
-
social contributions
22 318
25 427
-
-
withholding
21 854
24 883
-
-
total
44 172
50 310
-
-
Income
155 500
155 500
155 500
155 500
Total tax
67 780
68 130
65 356
47 777
After tax
87 720
87 370
90 144
107 723
Living cost
16 873
16 873
16 873
16 873
Free-cash
70 847
70 497
73 271
90 850

Estimated living cost  is ₽16873 per week

₽11514
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1381
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽337
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3641
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽101606
₽66836
₽60556
₽95746
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
20 838
health
-
-
-
20 214
pensions
-
-
-
31 099
total
-
-
-
72 151
Employee
26 770
-
116 217
-
unemployment
428
-
1 859
-
pensions
535
-
2 324
-
income
3 014
-
22 406
-
total
3 977
-
26 589
-
Employer
26 770
-
116 217
-
health
3 479
-
15 109
-
pensions
5 354
-
23 244
-
unemployment
215
-
929
-
total
9 048
-
39 282
-
Corporate
119 681
155 500
-
-
income
23 936
31 101
-
-
total
23 936
31 101
-
-
Dividends
95 745
124 399
-
-
total
-
-
-
-
Income
155 500
155 500
155 500
155 500
Total tax
36 961
31 101
65 871
72 151
After tax
118 539
124 399
89 629
83 349
Living cost
22 793
22 793
22 793
22 793
Free-cash
95 746
101 606
66 836
60 556

Estimated living cost  is ₽22793 per week

₽15634
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1357
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽458
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5344
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽8372
₽63061
₽85376
₽9380
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
155 500
accident
-
-
-
241
income
-
-
-
42 517
other
-
-
-
353
health
-
-
-
2 079
pensions
-
-
-
3 966
total
-
-
-
49 156
Employee
32 984
-
139 262
-
pensions
3 714
-
7 272
-
income
4 525
-
32 015
-
health
3 777
-
15 945
-
total
12 016
-
55 232
-
Employer
32 984
-
139 262
-
pensions
5 363
-
10 501
-
accident
551
-
2 326
-
unemployment
808
-
3 412
-
total
6 722
-
16 239
-
Corporate
115 794
155 500
-
-
income

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

104 214
139 950
-
-
total
104 214
139 950
-
-
Dividends
11 579
15 550
-
-
withholding
2 200
2 954
-
-
total
2 200
2 954
-
-
Income
155 500
155 500
155 500
155 500
Total tax
125 152
142 904
71 471
49 156
After tax
30 348
12 596
84 029
106 344
Living cost
20 968
20 968
20 968
20 968
Free-cash
9 380
-8 372
63 061
85 376

Estimated living cost  is ₽20968 per week

₽15368
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1162
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽438
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4001
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽140134
₽116809
₽146354
₽138712
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
155 500
microenterprise

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

-
-
-
1 555
total
-
-
-
1 555
Employee
9 489
-
155 500
-
income
1 897
-
31 100
-
total
1 897
-
31 100
-
Employer
-
-
-
-
total
-
-
-
-
Corporate

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

146 011
155 500
-
-
total
-
-
-
-
Dividends
146 011
155 500
-
-
withholding
7 300
7 775
-
-
total
7 300
7 775
-
-
Income
155 500
155 500
155 500
155 500
Total tax
9 197
7 775
31 100
1 555
After tax
146 303
147 725
124 400
153 945
Living cost
7 591
7 591
7 591
7 591
Free-cash
138 712
140 134
116 809
146 354

Estimated living cost  is ₽7591 per week

₽4704
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽631
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽209
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2047
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽89101
₽63241
₽59797
₽82728
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
22 988
other
-
-
-
6 816
health
-
-
-
6 314
pensions

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

-
-
-
34 440
total
-
-
-
70 558
Employee
34 264
-
124 201
-
unemployment
342
-
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.

2 398
-
8 694
-
income
5 899
-
24 138
-
health
480
-
1 739
-
total
9 119
-
35 814
-
Employer
34 264
-
124 201
-
health
480
-
1 739
-
pensions

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

5 825
-
21 115
-
accident
274
-
994
-
unemployment
342
-
1 243
-
other
1 714
-
6 209
-
total
8 635
-
31 300
-
Corporate
112 601
155 500
-
-
income
23 646
32 655
-
-
total
23 646
32 655
-
-
Dividends
88 956
122 845
-
-
withholding
6 227
8 599
-
-
total
6 227
8 599
-
-
Income
155 500
155 500
155 500
155 500
Total tax
47 627
41 254
67 114
70 558
After tax
107 873
114 246
88 386
84 942
Living cost
25 145
25 145
25 145
25 145
Free-cash
82 728
89 101
63 241
59 797

Estimated living cost  is ₽25145 per week

₽17766
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1698
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽405
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5276
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽39959
₽26820
₽40953
₽40650
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
155 500
income
-
-
-
43 351
pensions
-
-
-
8 261
total
-
-
-
51 612
Employee
89 044
-
135 934
-
pensions
8 590
-
10 236
-
income
16 051
-
33 932
-
health
1 467
-
2 011
-
total
26 108
-
46 179
-
Employer
89 044
-
135 934
-
health
1 691
-
2 582
-
pensions
10 513
-
16 984
-
total
12 204
-
19 566
-
Corporate
54 252
155 500
-
-
income

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

10 308
29 545
-
-
total
10 308
29 545
-
-
Dividends
43 944
125 955
-
-
withholding
3 295
23 061
-
-
total
3 295
23 061
-
-
Income
155 500
155 500
155 500
155 500
Total tax
51 915
52 606
65 745
51 612
After tax
103 585
102 894
89 755
103 888
Living cost
62 935
62 935
62 935
62 935
Free-cash
40 650
39 959
26 820
40 953

Estimated living cost  is ₽62935 per week

₽47158
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽7394
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.
₽7871
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽120581
₽116986
₽111004
₽116201
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
unemployment
-
-
-
132
health
-
-
-
3 790
pensions

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

-
-
-
4 878
total
-
-
-
32 125
Employee
16 380
-
149 034
-
accident

We are using the highest rate at 1.1%.

180
-
363
-
pensions

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

1 438
-
2 894
-
income
1 638
-
14 903
-
health
753
-
1 516
-
total
4 009
-
19 676
-
Employer
16 380
-
149 034
-
health
1 131
-
2 274
-
pensions

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

1 805
-
3 632
-
accident

We are using the highest rate at 1.1%.

180
-
363
-
unemployment
98
-
198
-
total
3 214
-
6 467
-
Corporate
135 905
155 500
-
-
income
13 590
15 550
-
-
total
13 590
15 550
-
-
Dividends
122 315
139 950
-
-
withholding
6 115
6 998
-
-
total
6 115
6 998
-
-
Income
155 500
155 500
155 500
155 500
Total tax
26 928
22 548
26 143
32 125
After tax
128 572
132 952
129 357
123 375
Living cost
12 371
12 371
12 371
12 371
Free-cash
116 201
120 581
116 986
111 004

Estimated living cost  is ₽12371 per week

₽7222
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽883
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽328
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3937
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽24499
₽43660
₽34267
₽26871
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
46 212
health
-
-
-
11 637
pensions
-
-
-
11 056
total
-
-
-
68 905
Employee
87 490
80 585
137 963
-
pensions
11 056
11 056
11 056
-
income

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

13 191
13 191
19 281
-
health
10 915
10 521
11 637
-
total
35 162
34 768
41 974
-
Employer
87 490
80 585
137 963
-
health
6 080
5 602
6 961
-
pensions
6 089
5 609
6 972
-
unemployment
3 150
2 901
3 605
-
total
15 319
14 112
17 538
-
Corporate
52 692
60 803
-
-
income
10 539
12 161
-
-
total
10 539
12 161
-
-
Dividends
42 153
48 642
-
-
income
8 958
10 336
-
-
withholding
6 323
7 296
-
-
total
15 281
17 632
-
-
Income
155 500
155 500
155 500
155 500
Total tax
76 301
78 673
59 512
68 905
After tax
79 199
76 827
95 988
86 595
Living cost
52 328
52 328
52 328
52 328
Free-cash
26 871
24 499
43 660
34 267

Estimated living cost  is ₽52328 per week

₽38600
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4674
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽600
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8454
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Amsterdam model

Close
Brno , Czech Republic
₽83937
₽56252
₽62921
₽75686
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
15 185
social contributions
-
-
-
33 276
solidarity contribution
-
-
-
-
health
-
-
-
20 993
total
-
-
-
69 454
Employee
34 007
-
116 523
-
solidarity contribution
-
-
-
-
social contributions
2 210
-
7 407
-
income
4 081
-
14 008
-
health
4 591
-
15 731
-
total
10 882
-
37 146
-
Employer
34 007
-
116 523
-
health
3 061
-
10 487
-
social contributions
8 502
-
28 490
-
total
11 563
-
38 977
-
Corporate
109 930
155 500
-
-
income
20 887
29 545
-
-
total
20 887
29 545
-
-
Dividends
89 044
125 955
-
-
withholding
13 357
18 893
-
-
total
13 357
18 893
-
-
Income
155 500
155 500
155 500
155 500
Total tax
56 689
48 438
76 123
69 454
After tax
98 811
107 062
79 377
86 046
Living cost
23 125
23 125
23 125
23 125
Free-cash
75 686
83 937
56 252
62 921

Estimated living cost  is ₽23125 per week

₽16063
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1645
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽455
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4962
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽43146
₽28102
₽35126
₽38219
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
155 500
social contributions
-
-
-
39 995
regional
-
-
-
1 824
municipal
-
-
-
924
national
-
-
-
37 812
total
-
-
-
80 555
Employee
83 867
-
155 500
-
municipal
444
-
824
-
national
14 532
-
32 712
-
regional
791
-
1 609
-
social contributions
28 280
-
52 434
-
total
44 047
-
87 579
-
Employer
83 867
-
155 500
-
total
-
-
-
-
Corporate
71 633
155 500
-
-
municipal
2 794
6 065
-
-
nationa
17 192
37 320
-
-
total
19 986
43 385
-
-
Dividends
51 647
112 115
-
-
withholding
13 429
29 150
-
-
total
13 429
29 150
-
-
Income
155 500
155 500
155 500
155 500
Total tax
77 462
72 535
87 579
80 555
After tax
78 038
82 965
67 921
74 945
Living cost
39 819
39 819
39 819
39 819
Free-cash
38 219
43 146
28 102
35 126

Estimated living cost  is ₽39819 per week

₽27757
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2611
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽611
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8839
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽76985
₽47013
₽52904
₽74049
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
41 267
other
-
-
-
-
surtax
-
-
-
6 160
unemployment
-
-
-
215
health
-
-
-
8 941
pensions
-
-
-
25 189
total
-
-
-
81 772
Employee
31 207
-
128 989
-
other
-
-
-
-
unemployment
2 172
-
8 766
-
pensions
2 081
-
8 401
-
surtax
102
-
5 149
-
income
5 231
-
35 624
-
health
797
-
3 211
-
total
10 383
-
61 151
-
Employer
31 207
-
128 989
-
health
1 420
-
5 731
-
pensions
4 160
-
16 789
-
unemployment
989
-
3 992
-
other
-
-
-
-
total
6 569
-
26 512
-
Corporate
117 725
155 500
-
-
income
30 608
40 431
-
-
total
30 608
40 431
-
-
Dividends
87 117
115 069
-
-
withholding
13 067
17 260
-
-
total
13 067
17 260
-
-
Income
155 500
155 500
155 500
155 500
Total tax
60 627
57 691
87 663
81 772
After tax
94 873
97 809
67 837
73 728
Living cost
20 824
20 824
20 824
20 824
Free-cash
74 049
76 985
47 013
52 904

Estimated living cost  is ₽20824 per week

₽12732
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1922
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.
₽5689
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽59898
₽46759
₽60892
₽66108
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
155 500
income
-
-
-
43 351
pensions
-
-
-
8 261
total
-
-
-
51 612
Employee
59 675
-
135 934
-
pensions
5 065
-
10 236
-
income
10 748
-
33 932
-
health
866
-
2 011
-
total
16 679
-
46 179
-
Employer
59 675
-
135 934
-
health
1 134
-
2 582
-
pensions
6 460
-
16 984
-
total
7 594
-
19 566
-
Corporate
88 232
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.

16 764
29 545
-
-
total
16 764
29 545
-
-
Dividends
71 468
125 955
-
-
withholding
5 359
23 061
-
-
total
5 359
23 061
-
-
Income
155 500
155 500
155 500
155 500
Total tax
46 396
52 606
65 745
51 612
After tax
109 104
102 894
89 755
103 888
Living cost
42 996
42 996
42 996
42 996
Free-cash
66 108
59 898
46 759
60 892

Estimated living cost  is ₽42996 per week

₽32212
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3223
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽450
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7111
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽3525
₽44613
₽52162
₽28410
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
155 500
other

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

-
-
-
3 111
regional
-
-
-
7 234
health
-
-
-
351
city
-
-
-
1 639
national
-
-
-
2 065
pensions
-
-
-
14 307
total
-
-
-
28 707
Employee
87 337
-
139 182
-
unemployment
-
-
-
-
pensions
7 337
-
11 691
-
national
413
-
1 704
-
regional
2 860
-
6 268
-
city
937
-
1 495
-
health
197
-
312
-
total
11 744
-
21 470
-
Employer
87 337
-
139 182
-
health
197
-
312
-
pensions
7 337
-
11 691
-
unemployment
-
-
-
-
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.

1 746
-
2 783
-
total
9 280
-
14 786
-
Corporate
57 922
155 500
-
-
regional
12 250
32 888
-
-
national
4 924
13 218
-
-
total
17 174
46 106
-
-
Dividends
40 747
109 394
-
-
withholding
14 261
38 288
-
-
total
14 261
38 288
-
-
Income
155 500
155 500
155 500
155 500
Total tax
52 459
84 394
36 256
28 707
After tax
103 041
71 106
119 244
126 793
Living cost
74 631
74 631
74 631
74 631
Free-cash
28 410
-3 525
44 613
52 162

Estimated living cost  is ₽74631 per week

₽48531
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽6697
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽916
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽18486
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽33619
₽56367
₽37223
₽48917
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
income

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

-
-
-
46 877
surtax

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

-
-
-
2 579
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.

-
-
-
6 447
trade
-
-
-
19 144
total
-
-
-
75 047
Employee

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

56 713
-
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.

367
-
2 579
-
income

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

6 669
-
46 877
-
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.

6 447
-
6 447
-
total
13 483
-
55 903
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
98 787
155 500
-
-
income
14 819
23 325
-
-
surtax

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

815
1 282
-
-
chamber of commerce
283
362
-
-
trade
16 943
26 668
-
-
total
32 860
51 637
-
-
Dividends
65 928
103 863
-
-
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.

886
1 408
-
-
withholding
16 124
25 606
-
-
total
17 010
27 014
-
-
Income
155 500
155 500
155 500
155 500
Total tax
63 353
78 651
55 903
75 047
After tax
92 147
76 849
99 597
80 453
Living cost
43 230
43 230
43 230
43 230
Free-cash
48 917
33 619
56 367
37 223

Estimated living cost  is ₽43230 per week

₽31573
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3458
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.
₽7638
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽46085
₽54356
₽55515
₽51661
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
23 455
other
-
-
-
4 821
surtax
-
-
-
-
social contributions
-
-
-
4 432
health
-
-
-
6 241
pensions
-
-
-
28 750
total
-
-
-
67 699
Employee
40 388
-
121 090
-
pensions
4 567
-
8 110
-
surtax
-
-
-
-
social contributions
1 151
-
3 449
-
income
2 384
-
22 888
-
total
8 102
-
34 447
-
Employer
40 388
-
121 090
-
health
2 828
-
10 839
-
pensions
6 635
-
13 711
-
unemployment
1 635
-
4 905
-
social contributions
122
-
364
-
other
1 393
-
4 592
-
total
12 613
-
34 411
-
Corporate
102 500
155 500
-
-
income
28 699
43 539
-
-
surtax
-
-
-
-
total
28 699
43 539
-
-
Dividends
73 801
111 961
-
-
surtax
-
-
-
-
social contributions
12 693
19 258
-
-
withholding
9 446
14 332
-
-
total
22 139
33 590
-
-
Income
155 500
155 500
155 500
155 500
Total tax
71 553
77 129
68 858
67 699
After tax
83 947
78 371
86 642
87 801
Living cost
32 286
32 286
32 286
32 286
Free-cash
51 661
46 085
54 356
55 515

Estimated living cost  is ₽32286 per week

₽20358
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2625
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽550
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8755
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽49284
₽57555
₽58714
₽54529
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
23 455
other
-
-
-
4 821
surtax
-
-
-
-
social contributions
-
-
-
4 432
health
-
-
-
6 241
pensions
-
-
-
28 750
total
-
-
-
67 699
Employee
36 052
-
121 090
-
pensions
4 078
-
8 110
-
surtax
-
-
-
-
social contributions
1 028
-
3 449
-
income
1 859
-
22 888
-
total
6 965
-
34 447
-
Employer
36 052
-
121 090
-
health
2 523
-
10 839
-
pensions
5 924
-
13 711
-
unemployment
1 459
-
4 905
-
social contributions
107
-
364
-
other
1 245
-
4 592
-
total
11 258
-
34 411
-
Corporate
108 190
155 500
-
-
income
30 293
43 539
-
-
surtax
-
-
-
-
total
30 293
43 539
-
-
Dividends
77 897
111 961
-
-
surtax
-
-
-
-
social contributions
13 397
19 258
-
-
withholding
9 971
14 332
-
-
total
23 368
33 590
-
-
Income
155 500
155 500
155 500
155 500
Total tax
71 884
77 129
68 858
67 699
After tax
83 616
78 371
86 642
87 801
Living cost
29 087
29 087
29 087
29 087
Free-cash
54 529
49 284
57 555
58 714

Estimated living cost  is ₽29087 per week

₽16869
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2955
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽552
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8712
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽74858
₽76960
₽79852
₽75348
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
social contributions
-
-
-
21 459
health
-
-
-
10 854
total
-
-
-
55 638
Employee
31 996
-
155 500
-
social contributions
4 416
-
21 459
-
income
5 337
-
26 217
-
health
2 233
-
10 854
-
total
11 986
-
58 530
-
Employer
31 996
-
155 500
-
total
-
-
-
-
Corporate
123 504
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%.

6 175
7 776
-
-
total
6 175
7 776
-
-
Dividends
117 329
147 724
-
-
social contributions
16 192
20 386
-
-
withholding
17 600
22 159
-
-
health
8 189
10 311
-
-
total
41 981
52 856
-
-
Income
155 500
155 500
155 500
155 500
Total tax
60 142
60 632
58 530
55 638
After tax
95 358
94 868
96 970
99 862
Living cost
20 010
20 010
20 010
20 010
Free-cash
75 348
74 858
76 960
79 852

Estimated living cost  is ₽20010 per week

₽13392
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1234
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.
₽4923
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽52891
₽7828
₽46530
₽51429
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
40 296
surtax
-
-
-
186
unemployment
-
-
-
5 788
chamber of commerce
-
-
-
621
health
-
-
-
8 433
pensions
-
-
-
20 395
total
-
-
-
75 719
Employee
47 160
37 607
122 678
-
other
471
376
1 103
-
unemployment
1 415
1 128
3 308
-
pensions
4 830
3 850
11 289
-
income
5 369
2 774
31 858
-
health
1 825
1 456
4 266
-
total
13 910
9 584
51 824
-
Employer
47 160
37 607
122 678
-
chamber of commerce
188
150
491
-
health
1 782
1 422
4 167
-
pensions
5 919
4 721
13 836
-
accident
612
489
1 433
-
unemployment
1 415
1 128
3 308
-
surtax
186
186
186
-
payroll
1 415
1 128
3 680
-
other
2 240
1 785
5 722
-
total
13 757
11 009
32 823
-
Corporate
94 583
106 884
119 097
-
income

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

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

23 646
26 720
29 774
-
total
23 646
26 720
29 774
-
Dividends
70 937
80 163
-
-
withholding
19 507
22 045
-
-
total
19 507
22 045
-
-
Income
155 500
155 500
155 500
155 500
Total tax
70 820
69 358
114 421
75 719
After tax
84 680
86 142
41 079
79 781
Living cost
33 251
33 251
33 251
33 251
Free-cash
51 429
52 891
7 828
46 530

Estimated living cost  is ₽33251 per week

₽22177
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2837
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.
₽7691
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

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
₽52581
₽20938
₽32938
₽38428
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
155 500
communal

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

-
-
-
7 919
social contributions
-
-
-
23 527
national
-
-
-
56 709
total
-
-
-
88 155
Employee

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

67 501
-
120 438
-
unemployment

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

587
-
1 048
-
communal

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

3 521
-
6 282
-
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.

5 063
-
9 033
-
national
20 753
-
43 070
-
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.

3 171
-
5 661
-
total
33 095
-
65 094
-
Employer

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

67 501
-
120 438
-
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.

4 151
-
7 407
-
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.

5 981
-
10 671
-
accident

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

877
-
1 567
-
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.

985
-
1 759
-
surtax
7 654
-
13 657
-
total
19 648
-
35 061
-
Corporate
68 350
155 500
-
-
income
13 671
31 101
-
-
surtax
274
621
-
-
total
13 945
31 722
-
-
Dividends
54 406
123 778
-
-
withholding

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

15 977
36 790
-
-
total
15 977
36 790
-
-
Income
155 500
155 500
155 500
155 500
Total tax
82 665
68 512
100 155
88 155
After tax
72 835
86 988
55 345
67 345
Living cost
34 407
34 407
34 407
34 407
Free-cash
38 428
52 581
20 938
32 938

Estimated living cost  is ₽34407 per week

₽22163
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3009
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽539
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8698
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽69700
₽49346
₽53307
₽63036
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
788
income
-
-
-
41 873
other
-
-
-
88
unemployment
-
-
-
612
pensions
-
-
-
24 752
total
-
-
-
68 113
Employee
46 973
-
127 616
-
other
47
-
88
-
unemployment
729
-
1 356
-
pensions
2 208
-
4 112
-
income
9 911
-
38 634
-
total
12 895
-
44 190
-
Employer
46 973
-
127 616
-
pensions
11 085
-
20 642
-
accident
929
-
1 732
-
unemployment
2 584
-
4 810
-
other
374
-
700
-
total
14 972
-
27 884
-
Corporate
93 554
155 500
-
-
income

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

14 033
23 325
-
-
total
14 033
23 325
-
-
Dividends
79 521
132 175
-
-
withholding
16 484
28 395
-
-
total
16 484
28 395
-
-
Income
155 500
155 500
155 500
155 500
Total tax
58 384
51 720
72 074
68 113
After tax
97 116
103 780
83 426
87 387
Living cost
34 080
34 080
34 080
34 080
Free-cash
63 036
69 700
49 346
53 307

Estimated living cost  is ₽34080 per week

₽25096
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2418
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽491
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6074
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽40340
₽32996
₽26798
₽28778
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
155 500
communal
-
-
-
9 828
accident
-
-
-
1 311
income
-
-
-
24 338
surtax
-
-
-
7 709
health
-
-
-
10 926
pensions
-
-
-
23 307
total
-
-
-
77 419
Employee
71 463
-
138 901
-
pensions
5 716
-
11 112
-
surtax
4 380
-
8 513
-
income
6 903
-
28 815
-
health
3 180
-
6 182
-
total
20 179
-
54 622
-
Employer
71 463
-
138 901
-
health
2 179
-
4 237
-
pensions
5 716
-
11 112
-
accident
643
-
1 250
-
total
8 538
-
16 599
-
Corporate
75 498
155 500
-
-
communal
5 097
10 496
-
-
income
11 325
23 325
-
-
surtax
793
1 633
-
-
total
17 215
35 454
-
-
Dividends
58 284
120 046
-
-
income
20 764
10 417
-
-
withholding
8 743
18 006
-
-
total
29 507
28 423
-
-
Income
155 500
155 500
155 500
155 500
Total tax
75 439
63 877
71 221
77 419
After tax
80 061
91 623
84 279
78 081
Living cost
51 283
51 283
51 283
51 283
Free-cash
28 778
40 340
32 996
26 798

Estimated living cost  is ₽51283 per week

₽38470
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3107
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽543
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9162
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽76613
₽46641
₽52532
₽73613
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
41 267
other
-
-
-
-
surtax
-
-
-
6 160
unemployment
-
-
-
215
health
-
-
-
8 941
pensions
-
-
-
25 189
total
-
-
-
81 772
Employee
31 779
-
128 989
-
other
-
-
-
-
unemployment
2 212
-
8 766
-
pensions
2 120
-
8 401
-
surtax
113
-
5 149
-
income
5 328
-
35 624
-
health
811
-
3 211
-
total
10 584
-
61 151
-
Employer
31 779
-
128 989
-
health
1 445
-
5 731
-
pensions
4 237
-
16 789
-
unemployment
1 008
-
3 992
-
other
-
-
-
-
total
6 690
-
26 512
-
Corporate
117 030
155 500
-
-
income
30 427
40 431
-
-
total
30 427
40 431
-
-
Dividends
86 603
115 069
-
-
withholding
12 990
17 260
-
-
total
12 990
17 260
-
-
Income
155 500
155 500
155 500
155 500
Total tax
60 691
57 691
87 663
81 772
After tax
94 809
97 809
67 837
73 728
Living cost
21 196
21 196
21 196
21 196
Free-cash
73 613
76 613
46 641
52 532

Estimated living cost  is ₽21196 per week

₽12797
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1843
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽492
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6065
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽56314
₽42017
₽49004
₽54217
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
155 500
social contributions
-
-
-
39 995
regional
-
-
-
2 345
municipal
-
-
-
924
national
-
-
-
37 812
total
-
-
-
81 076
Employee
52 347
-
155 500
-
municipal
278
-
824
-
national
8 293
-
32 712
-
regional
705
-
2 093
-
social contributions
17 652
-
52 434
-
total
26 928
-
88 063
-
Employer
52 347
-
155 500
-
total
-
-
-
-
Corporate
103 153
155 500
-
-
municipal
5 127
7 729
-
-
nationa
24 758
37 320
-
-
total
29 885
45 049
-
-
Dividends
73 269
110 451
-
-
withholding
19 050
28 717
-
-
total
19 050
28 717
-
-
Income
155 500
155 500
155 500
155 500
Total tax
75 863
73 766
88 063
81 076
After tax
79 637
81 734
67 437
74 424
Living cost
25 420
25 420
25 420
25 420
Free-cash
54 217
56 314
42 017
49 004

Estimated living cost  is ₽25420 per week

₽15809
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2575
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽435
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6601
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽78566
₽50881
₽57550
₽68400
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
15 185
social contributions
-
-
-
33 276
solidarity contribution
-
-
-
-
health
-
-
-
20 993
total
-
-
-
69 454
Employee
41 906
-
116 523
-
solidarity contribution
-
-
-
-
social contributions
2 724
-
7 407
-
income
5 029
-
14 008
-
health
5 657
-
15 731
-
total
13 410
-
37 146
-
Employer
41 906
-
116 523
-
health
3 771
-
10 487
-
social contributions
10 476
-
28 490
-
total
14 247
-
38 977
-
Corporate
99 346
155 500
-
-
income
18 876
29 545
-
-
total
18 876
29 545
-
-
Dividends
80 470
125 955
-
-
withholding
12 071
18 893
-
-
total
12 071
18 893
-
-
Income
155 500
155 500
155 500
155 500
Total tax
58 604
48 438
76 123
69 454
After tax
96 896
107 062
79 377
86 046
Living cost
28 496
28 496
28 496
28 496
Free-cash
68 400
78 566
50 881
57 550

Estimated living cost  is ₽28496 per week

₽21191
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1579
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽493
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5233
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽56136
₽11033
₽49861
₽55671
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
40 296
surtax
-
-
-
-
unemployment
-
-
-
5 788
chamber of commerce
-
-
-
621
health
-
-
-
8 433
pensions
-
-
-
20 395
total
-
-
-
75 533
Employee
41 250
37 607
122 852
-
other
412
376
1 103
-
unemployment
1 237
1 128
3 308
-
pensions
4 224
3 850
11 289
-
income
3 675
2 774
31 930
-
health
1 596
1 456
4 266
-
total
11 144
9 584
51 896
-
Employer
41 250
37 607
122 852
-
chamber of commerce
165
150
491
-
health
1 560
1 422
4 167
-
pensions
5 177
4 721
13 836
-
accident
535
489
1 433
-
unemployment
1 237
1 128
3 308
-
surtax
-
-
-
-
payroll
1 237
1 128
3 685
-
other
1 959
1 785
5 727
-
total
11 870
10 823
32 647
-
Corporate
102 378
107 070
119 272
-
income

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

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

25 594
26 767
29 818
-
total
25 594
26 767
29 818
-
Dividends
76 785
80 303
-
-
withholding
21 115
22 084
-
-
total
21 115
22 084
-
-
Income
155 500
155 500
155 500
155 500
Total tax
69 723
69 258
114 361
75 533
After tax
85 777
86 242
41 139
79 967
Living cost
30 106
30 106
30 106
30 106
Free-cash
55 671
56 136
11 033
49 861

Estimated living cost  is ₽30106 per week

₽18060
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3075
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽537
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8435
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽135896
₽112571
₽142116
₽133678
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
155 500
microenterprise

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

-
-
-
1 555
total
-
-
-
1 555
Employee
14 787
-
155 500
-
income
2 958
-
31 100
-
total
2 958
-
31 100
-
Employer
-
-
-
-
total
-
-
-
-
Corporate

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

140 713
155 500
-
-
total
-
-
-
-
Dividends
140 713
155 500
-
-
withholding
7 035
7 775
-
-
total
7 035
7 775
-
-
Income
155 500
155 500
155 500
155 500
Total tax
9 993
7 775
31 100
1 555
After tax
145 507
147 725
124 400
153 945
Living cost
11 829
11 829
11 829
11 829
Free-cash
133 678
135 896
112 571
142 116

Estimated living cost  is ₽11829 per week

₽8005
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽497
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽397
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2931
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽81752
₽47061
₽51181
₽73858
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
35 077
unemployment
-
-
-
233
health
-
-
-
15 300
pensions
-
-
-
28 398
total
-
-
-
79 008
Employee

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

41 729
-
134 551
-
unemployment
59
-
188
-
pensions
6 468
-
20 856
-
income
7 196
-
32 443
-
health
2 695
-
8 692
-
total
16 418
-
62 179
-
Employer

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

41 729
-
134 551
-
health
2 779
-
8 961
-
pensions
3 693
-
11 907
-
unemployment
25
-
81
-
total
6 497
-
20 949
-
Corporate
107 274
155 500
-
-
income
20 383
29 544
-
-
total
20 383
29 544
-
-
Dividends
86 891
125 956
-
-
withholding
13 033
18 893
-
-
total
13 033
18 893
-
-
Income
155 500
155 500
155 500
155 500
Total tax
56 331
48 437
83 128
79 008
After tax
99 169
107 063
72 372
76 492
Living cost
25 311
25 311
25 311
25 311
Free-cash
73 858
81 752
47 061
51 181

Estimated living cost  is ₽25311 per week

₽17371
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1622
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽491
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5829
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽54276
₽102874
₽67133
₽9816
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
57 828
-
-
-
social contributions
4 742
-
676
-
income
12 756
-
-
-
total
17 498
-
676
-
Employer
57 828
-
-
-
social contributions
81 537
-
11 620
-
total
81 537
-
11 620
-
Corporate
16 136
155 500
-
-
income
3 550
34 210
-
-
total
3 550
34 210
-
-
Dividends
12 586
121 290
-
-
income
2 769
26 684
-
-
total
2 769
26 684
-
-
Income
155 500
155 500
155 500
155 500
Total tax
105 354
60 894
12 296
48 037
After tax
50 146
94 606
143 204
107 463
Living cost
40 330
40 330
40 330
40 330
Free-cash
9 816
54 276
102 874
67 133

Estimated living cost  is ₽40330 per week

₽26168
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.
₽514
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9855
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽58848
₽42576
₽54092
₽57897
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
17 771
surtax
-
-
-
-
social contributions

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

-
-
-
54 037
total
-
-
-
71 808
Employee
43 401
-
125 657
-
surtax
-
-
-
-
social contributions
4 774
-
13 823
-
income
9 028
-
39 658
-
total
13 802
-
53 481
-
Employer
43 401
-
125 657
-
social contributions
10 308
-
29 843
-
total
10 308
-
29 843
-
Corporate
101 791
155 500
-
-
income
21 377
32 655
-
-
surtax
-
-
-
-
total
21 377
32 655
-
-
Dividends
80 414
122 845
-
-
withholding
22 516
34 397
-
-
total
22 516
34 397
-
-
Income
155 500
155 500
155 500
155 500
Total tax
68 003
67 052
83 324
71 808
After tax
87 497
88 448
72 176
83 692
Living cost
29 600
29 600
29 600
29 600
Free-cash
57 897
58 848
42 576
54 092

Estimated living cost  is ₽29600 per week

₽22147
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1746
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽494
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5213
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽32793
₽41064
₽42223
₽39280
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
23 455
other
-
-
-
4 821
surtax
-
-
-
-
social contributions
-
-
-
4 432
health
-
-
-
6 241
pensions
-
-
-
28 750
total
-
-
-
67 699
Employee
59 104
-
121 090
-
pensions
6 685
-
8 110
-
surtax
-
-
-
-
social contributions
1 683
-
3 449
-
income
5 157
-
22 888
-
total
13 525
-
34 447
-
Employer
59 104
-
121 090
-
health
4 137
-
10 839
-
pensions
9 711
-
13 711
-
unemployment
2 394
-
4 905
-
social contributions
177
-
364
-
other
2 040
-
4 592
-
total
18 459
-
34 411
-
Corporate
77 937
155 500
-
-
income
21 823
43 539
-
-
surtax
-
-
-
-
total
21 823
43 539
-
-
Dividends
56 114
111 961
-
-
surtax
-
-
-
-
social contributions
9 652
19 258
-
-
withholding
7 183
14 332
-
-
total
16 835
33 590
-
-
Income
155 500
155 500
155 500
155 500
Total tax
70 642
77 129
68 858
67 699
After tax
84 858
78 371
86 642
87 801
Living cost
45 578
45 578
45 578
45 578
Free-cash
39 280
32 793
41 064
42 223

Estimated living cost  is ₽45578 per week

₽30846
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3728
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽625
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10378
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽111585
₽90659
₽86527
₽108412
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
6 398
social contributions
-
-
-
34 209
total
-
-
-
40 607
Employee
30 338
-
134 632
-
income
-
-
6 857
-
social contributions
1 972
-
8 750
-
total
1 972
-
15 607
-
Employer
30 338
-
134 632
-
social contributions
4 703
-
20 868
-
total
4 703
-
20 868
-
Corporate
120 459
155 500
-
-
income
12 047
15 549
-
-
total
12 047
15 549
-
-
Dividends
108 413
139 951
-
-
total
-
-
-
-
Income
155 500
155 500
155 500
155 500
Total tax
18 722
15 549
36 475
40 607
After tax
136 778
139 951
119 025
114 893
Living cost
28 366
28 366
28 366
28 366
Free-cash
108 412
111 585
90 659
86 527

Estimated living cost  is ₽28366 per week

₽18341
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2138
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽534
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7353
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽50092
-₽50092
₽46886
-₽50092
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
155 500
labour market
-
-
-
12 374
municipal
-
-
-
32 073
national
-
-
-
17 905
pensions
-
-
-
818
total
-
-
-
63 170
Employee
191 810
191 810
191 810
-
municipal
40 845
40 845
40 845
-
labour market
15 323
15 323
15 323
-
pensions
273
273
273
-
national
23 433
23 433
23 433
-
total
79 874
79 874
79 874
-
Employer
191 810
191 810
191 810
-
national
23 474
23 474
23 474
-
labour market
15 345
15 345
15 345
-
pensions
545
545
545
-
municipal
40 910
40 910
40 910
-
total
80 274
80 274
80 274
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
155 500
155 500
155 500
155 500
Total tax
160 148
160 148
160 148
63 170
After tax
-4 648
-4 648
-4 648
92 330
Living cost
45 444
45 444
45 444
45 444
Free-cash
-50 092
-50 092
-50 092
46 886

Estimated living cost  is ₽45444 per week

₽31103
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4020
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽699
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9623
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽8063
₽63370
₽85685
₽9427
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
155 500
accident
-
-
-
241
income
-
-
-
42 517
other
-
-
-
353
health
-
-
-
2 079
pensions
-
-
-
3 966
total
-
-
-
49 156
Employee
32 498
-
139 262
-
pensions
3 660
-
7 272
-
income
4 458
-
32 015
-
health
3 721
-
15 945
-
total
11 839
-
55 232
-
Employer
32 498
-
139 262
-
pensions
5 284
-
10 501
-
accident
543
-
2 326
-
unemployment
796
-
3 412
-
total
6 623
-
16 239
-
Corporate
116 379
155 500
-
-
income

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

104 741
139 950
-
-
total
104 741
139 950
-
-
Dividends
11 638
15 550
-
-
withholding
2 211
2 954
-
-
total
2 211
2 954
-
-
Income
155 500
155 500
155 500
155 500
Total tax
125 414
142 904
71 471
49 156
After tax
30 086
12 596
84 029
106 344
Living cost
20 659
20 659
20 659
20 659
Free-cash
9 427
-8 063
63 370
85 685

Estimated living cost  is ₽20659 per week

₽15037
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1178
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽388
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4056
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽61875
₽46026
₽65625
₽63989
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
155 500
health
-
-
-
2 000
municipal
-
-
-
27 630
national
-
-
-
24 015
total
-
-
-
53 645
Employee
49 648
-
130 816
-
municipal
8 132
-
21 312
-
unemployment
745
-
1 963
-
pensions
3 351
-
8 830
-
national
820
-
14 834
-
health
371
-
1 621
-
total
13 419
-
48 560
-
Employer
49 648
-
130 816
-
health
381
-
1 006
-
pensions
8 614
-
22 696
-
accident
50
-
131
-
unemployment
322
-
851
-
total
9 367
-
24 684
-
Corporate
96 484
155 500
-
-
income
19 298
31 101
-
-
total
19 298
31 101
-
-
Dividends

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

57 890
93 300
-
-
municipal
10 421
16 794
-
-
national
2 776
9 500
-
-
total
13 197
26 294
-
-
Income
155 500
155 500
155 500
155 500
Total tax
55 281
57 395
73 244
53 645
After tax
100 219
98 105
82 256
101 855
Living cost
36 230
36 230
36 230
36 230
Free-cash
63 989
61 875
46 026
65 625

Estimated living cost  is ₽36230 per week

₽23665
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3485
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽577
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8504
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽91626
₽83575
₽84972
₽86490
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
29 446
social contributions
-
-
-
15 268
health
-
-
-
3 965
total
-
-
-
48 679
Employee
72 564
72 564
144 700
-
social contributions
2 743
6 022
8 123
-
income
7 901
6 717
28 692
-
health
562
1 234
2 461
-
total
11 206
13 973
39 276
-
Employer
72 564
72 564
144 700
-
health
611
1 343
2 677
-
social contributions
2 743
6 022
8 123
-
total
3 354
7 365
10 800
-
Corporate
119 091
75 571
-
-
income
14 887
9 446
-
-
total
14 887
9 446
-
-
Dividends
104 204
66 125
-
-
withholding
17 714
11 241
-
-
total
17 714
11 241
-
-
Income
155 500
155 500
155 500
155 500
Total tax
47 161
42 025
50 076
48 679
After tax
108 339
113 475
105 424
106 821
Living cost
21 849
21 849
21 849
21 849
Free-cash
86 490
91 626
83 575
84 972

Estimated living cost  is ₽21849 per week

₽13094
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2144
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.
₽6128
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽113786
₽96411
₽115340
₽108988
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
15 732
unemployment
-
-
-
27
health
-
-
-
3 415
pensions
-
-
-
6 003
total
-
-
-
25 177
Employee

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

21 660
-
146 277
-
unemployment
107
-
448
-
pensions
3 248
-
13 431
-
income
1 481
-
13 393
-
health
1 841
-
7 611
-
total
6 677
-
34 883
-
Employer

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

21 660
-
146 277
-
health
931
-
3 850
-
pensions
1 191
-
4 925
-
unemployment
107
-
448
-
total
2 229
-
9 223
-
Corporate
131 610
155 500
-
-
income
11 844
13 995
-
-
total
11 844
13 995
-
-
Dividends
119 766
141 505
-
-
withholding
10 779
12 736
-
-
total
10 779
12 736
-
-
Income
155 500
155 500
155 500
155 500
Total tax
31 529
26 731
44 106
25 177
After tax
123 971
128 769
111 394
130 323
Living cost
14 983
14 983
14 983
14 983
Free-cash
108 988
113 786
96 411
115 340

Estimated living cost  is ₽14983 per week

₽9559
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1080
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽446
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3897
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽77830
₽57476
₽61437
₽73664
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
788
income
-
-
-
41 873
other
-
-
-
88
unemployment
-
-
-
612
pensions
-
-
-
24 752
total
-
-
-
68 113
Employee
34 893
-
127 616
-
other
34
-
88
-
unemployment
541
-
1 356
-
pensions
1 640
-
4 112
-
income
6 727
-
38 634
-
total
8 942
-
44 190
-
Employer
34 893
-
127 616
-
pensions
8 234
-
20 642
-
accident
691
-
1 732
-
unemployment
1 920
-
4 810
-
other
279
-
700
-
total
11 124
-
27 884
-
Corporate
109 483
155 500
-
-
income

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

16 422
23 325
-
-
total
16 422
23 325
-
-
Dividends
93 061
132 175
-
-
withholding
19 398
28 395
-
-
total
19 398
28 395
-
-
Income
155 500
155 500
155 500
155 500
Total tax
55 886
51 720
72 074
68 113
After tax
99 614
103 780
83 426
87 387
Living cost
25 950
25 950
25 950
25 950
Free-cash
73 664
77 830
57 476
61 437

Estimated living cost  is ₽25950 per week

₽17516
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2495
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽455
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5485
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽95127
₽97917
₽98052
₽94814
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
155 500
income
-
-
-
53 147
health
-
-
-
1 007
pensions
-
-
-
1 389
total
-
-
-
55 543
Employee
2 901
-
153 937
-
unemployment
29
-
69
-
pensions
261
-
625
-
income
561
-
53 074
-
health
145
-
347
-
total
996
-
54 115
-
Employer
2 901
-
153 937
-
health
276
-
660
-
pensions
319
-
764
-
unemployment
58
-
139
-
total
653
-
1 563
-
Corporate
151 946
155 500
-
-
income
33 428
34 210
-
-
total
33 428
34 210
-
-
Dividends
118 518
121 290
-
-
withholding
23 704
24 258
-
-
total
23 704
24 258
-
-
Income
155 500
155 500
155 500
155 500
Total tax
58 781
58 468
55 678
55 543
After tax
96 719
97 032
99 822
99 957
Living cost
1 905
1 905
1 905
1 905
Free-cash
94 814
95 127
97 917
98 052

Estimated living cost  is ₽1905 per week

₽1132
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽154
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽44
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽575
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽96028
₽77881
₽77882
₽91384
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
34 933
unemployment
-
-
-
1 046
health
-
-
-
7 184
pensions
-
-
-
18 134
total
-
-
-
61 297
Employee

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

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

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

24 612
-
143 015
-
unemployment
185
-
523
-
pensions
3 446
-
9 765
-
income
3 393
-
34 933
-
health
1 267
-
3 592
-
total
8 291
-
48 813
-
Employer

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

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

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

24 612
-
143 015
-
health
1 267
-
3 592
-
pensions
2 953
-
8 370
-
unemployment
185
-
523
-
total
4 405
-
12 485
-
Corporate
126 483
155 500
-
-
income
18 972
23 325
-
-
total
18 972
23 325
-
-
Dividends
107 510
132 175
-
-
withholding
16 127
19 826
-
-
total
16 127
19 826
-
-
Income
155 500
155 500
155 500
155 500
Total tax
47 795
43 151
61 298
61 297
After tax
107 705
112 349
94 202
94 203
Living cost
16 321
16 321
16 321
16 321
Free-cash
91 384
96 028
77 881
77 882

Estimated living cost  is ₽16321 per week

₽10989
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1262
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.
₽3597
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽63007
₽46735
₽58251
₽62668
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
17 771
surtax
-
-
-
-
social contributions

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

-
-
-
54 037
total
-
-
-
71 808
Employee
36 626
-
125 657
-
surtax
-
-
-
-
social contributions
4 029
-
13 823
-
income
7 156
-
39 658
-
total
11 185
-
53 481
-
Employer
36 626
-
125 657
-
social contributions
8 698
-
29 843
-
total
8 698
-
29 843
-
Corporate
110 176
155 500
-
-
income
23 137
32 655
-
-
surtax
-
-
-
-
total
23 137
32 655
-
-
Dividends
87 039
122 845
-
-
withholding
24 371
34 397
-
-
total
24 371
34 397
-
-
Income
155 500
155 500
155 500
155 500
Total tax
67 391
67 052
83 324
71 808
After tax
88 109
88 448
72 176
83 692
Living cost
25 441
25 441
25 441
25 441
Free-cash
62 668
63 007
46 735
58 251

Estimated living cost  is ₽25441 per week

₽18019
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1768
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽451
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5204
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽70615
₽50261
₽54222
₽64271
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
788
income
-
-
-
41 873
other
-
-
-
88
unemployment
-
-
-
612
pensions
-
-
-
24 752
total
-
-
-
68 113
Employee
45 575
-
127 616
-
other
45
-
88
-
unemployment
706
-
1 356
-
pensions
2 142
-
4 112
-
income
9 519
-
38 634
-
total
12 412
-
44 190
-
Employer
45 575
-
127 616
-
pensions
10 755
-
20 642
-
accident
903
-
1 732
-
unemployment
2 507
-
4 810
-
other
365
-
700
-
total
14 530
-
27 884
-
Corporate
95 395
155 500
-
-
income

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

14 308
23 325
-
-
total
14 308
23 325
-
-
Dividends
81 086
132 175
-
-
withholding
16 814
28 395
-
-
total
16 814
28 395
-
-
Income
155 500
155 500
155 500
155 500
Total tax
58 064
51 720
72 074
68 113
After tax
97 436
103 780
83 426
87 387
Living cost
33 165
33 165
33 165
33 165
Free-cash
64 271
70 615
50 261
54 222

Estimated living cost  is ₽33165 per week

₽23817
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2579
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽467
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6302
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽116721
₽113126
₽107144
₽110971
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
unemployment
-
-
-
132
health
-
-
-
3 790
pensions

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

-
-
-
4 878
total
-
-
-
32 125
Employee
21 492
-
149 034
-
accident

We are using the highest rate at 1.1%.

236
-
363
-
pensions

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

1 887
-
2 894
-
income
2 150
-
14 903
-
health
989
-
1 516
-
total
5 262
-
19 676
-
Employer
21 492
-
149 034
-
health
1 483
-
2 274
-
pensions

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

2 368
-
3 632
-
accident

We are using the highest rate at 1.1%.

236
-
363
-
unemployment
129
-
198
-
total
4 216
-
6 467
-
Corporate
129 791
155 500
-
-
income
12 979
15 550
-
-
total
12 979
15 550
-
-
Dividends
116 813
139 950
-
-
withholding
5 841
6 998
-
-
total
5 841
6 998
-
-
Income
155 500
155 500
155 500
155 500
Total tax
28 298
22 548
26 143
32 125
After tax
127 202
132 952
129 357
123 375
Living cost
16 231
16 231
16 231
16 231
Free-cash
110 971
116 721
113 126
107 144

Estimated living cost  is ₽16231 per week

₽10735
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽929
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽387
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4180
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽43614
₽63165
₽47146
₽55959
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
income

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

-
-
-
46 877
surtax

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

-
-
-
2 579
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.

-
-
-
6 447
trade
-
-
-
16 019
total
-
-
-
71 922
Employee

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

46 953
-
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.

213
-
2 579
-
income

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

3 861
-
46 877
-
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.

6 447
-
6 447
-
total
10 521
-
55 903
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
108 547
155 500
-
-
income
16 282
23 325
-
-
surtax

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

895
1 282
-
-
chamber of commerce
303
371
-
-
trade
15 576
22 315
-
-
total
33 056
47 293
-
-
Dividends
75 491
108 207
-
-
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.

1 019
1 468
-
-
withholding
18 513
26 693
-
-
total
19 532
28 161
-
-
Income
155 500
155 500
155 500
155 500
Total tax
63 109
75 454
55 903
71 922
After tax
92 391
80 046
99 597
83 578
Living cost
36 432
36 432
36 432
36 432
Free-cash
55 959
43 614
63 165
47 146

Estimated living cost  is ₽36432 per week

₽25132
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3920
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽528
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6852
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽55095
₽29448
₽29448
₽57178
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
46 602
social contributions
-
-
-
25 695
total
-
-
-
72 297
Employee
73 816
-
155 500
-
income
13 929
-
46 602
-
social contributions
6 133
-
25 695
-
total
20 062
-
72 297
-
Employer
73 816
-
155 500
-
total
-
-
-
-
Corporate
81 684
155 500
-
-
income
10 211
19 437
-
-
total
10 211
19 437
-
-
Dividends
71 473
136 063
-
-
withholding
14 294
27 213
-
-
total
14 294
27 213
-
-
Income
155 500
155 500
155 500
155 500
Total tax
44 567
46 650
72 297
72 297
After tax
110 933
108 850
83 203
83 203
Living cost
53 755
53 755
53 755
53 755
Free-cash
57 178
55 095
29 448
29 448

Estimated living cost  is ₽53755 per week

₽40896
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4380
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽514
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7965
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽61833
₽76962
₽88674
₽65133
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

We use The Residence Programme or The Global Residence Programme.

-
-
-
155 500
income
-
-
-
26 862
health

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

-
-
-
5 709
total
-
-
-
32 571
Employee
43 290
-
151 159
-
income
4 697
-
35 601
-
social contributions
4 337
-
4 341
-
total
9 034
-
39 942
-
Employer
43 290
-
151 159
-
social contributions
4 337
-
4 341
-
total
4 337
-
4 341
-
Corporate
107 873
155 500
-
-
income
37 755
54 426
-
-
total
37 755
54 426
-
-
Dividends
70 118
101 074
-
-
social contributions
4 986
4 986
-
-
total
4 986
4 986
-
-
Income
155 500
155 500
155 500
155 500
Total tax
56 112
59 412
44 283
32 571
After tax
99 388
96 088
111 217
122 929
Living cost
34 255
34 255
34 255
34 255
Free-cash
65 133
61 833
76 962
88 674

Estimated living cost  is ₽34255 per week

₽22564
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2701
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽525
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8465
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽67940
₽54801
₽68934
₽73513
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
155 500
income
-
-
-
43 351
pensions
-
-
-
8 261
total
-
-
-
51 612
Employee
47 979
-
135 934
-
pensions
3 662
-
10 236
-
income
8 737
-
33 932
-
health
626
-
2 011
-
total
13 025
-
46 179
-
Employer
47 979
-
135 934
-
health
912
-
2 582
-
pensions
4 847
-
16 984
-
total
5 759
-
19 566
-
Corporate
101 761
155 500
-
-
income

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

19 334
29 545
-
-
total
19 334
29 545
-
-
Dividends
82 428
125 955
-
-
withholding
8 915
23 061
-
-
total
8 915
23 061
-
-
Income
155 500
155 500
155 500
155 500
Total tax
47 033
52 606
65 745
51 612
After tax
108 467
102 894
89 755
103 888
Living cost
34 954
34 954
34 954
34 954
Free-cash
73 513
67 940
54 801
68 934

Estimated living cost  is ₽34954 per week

₽23978
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3214
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽437
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7322
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽10108
₽61325
₽83640
₽9114
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
155 500
accident
-
-
-
241
income
-
-
-
42 517
other
-
-
-
353
health
-
-
-
2 079
pensions
-
-
-
3 966
total
-
-
-
49 156
Employee
35 715
-
139 262
-
pensions
4 022
-
7 272
-
income
4 900
-
32 015
-
health
4 089
-
15 945
-
total
13 011
-
55 232
-
Employer
35 715
-
139 262
-
pensions
5 807
-
10 501
-
accident
596
-
2 326
-
unemployment
875
-
3 412
-
total
7 278
-
16 239
-
Corporate
112 507
155 500
-
-
income

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

101 256
139 950
-
-
total
101 256
139 950
-
-
Dividends
11 251
15 550
-
-
withholding
2 137
2 954
-
-
total
2 137
2 954
-
-
Income
155 500
155 500
155 500
155 500
Total tax
123 682
142 904
71 471
49 156
After tax
31 818
12 596
84 029
106 344
Living cost
22 704
22 704
22 704
22 704
Free-cash
9 114
-10 108
61 325
83 640

Estimated living cost  is ₽22704 per week

₽16662
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1323
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽457
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4261
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽118105
₽96522
₽75769
₽113689
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
155 500
income
-
-
-
25 476
unemployment
-
-
-
1 811
work injury
-
-
-
755
health insurance
-
-
-
11 169
pensions
-
-
-
27 772
total
-
-
-
66 983
Employee

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

20 397
-
155 500
-
health insurance
1 509
-
5 585
-
unemployment
245
-
906
-
work injury
102
-
377
-
pensions
3 753
-
13 886
-
income
2 040
-
25 476
-
total
7 649
-
46 230
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
135 103
155 500
-
-
income

Macedonia has a simplified tax regime. Before 3,000,000 MKD per annum you will be taxed at 0%, and before 6,000,000 MKD it is 1%.

1 351
1 555
-
-
total
1 351
1 555
-
-
Dividends
133 752
153 945
-
-
withholding
20 063
23 092
-
-
total
20 063
23 092
-
-
Income
155 500
155 500
155 500
155 500
Total tax
29 063
24 647
46 230
66 983
After tax
126 437
130 853
109 270
88 517
Living cost
12 748
12 748
12 748
12 748
Free-cash
113 689
118 105
96 522
75 769

Estimated living cost  is ₽12748 per week

₽7898
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽926
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽398
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3526
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽44315
₽28686
₽35511
₽40021
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
155 500
social contributions
-
-
-
39 995
regional
-
-
-
3 550
municipal
-
-
-
1 039
national
-
-
-
37 812
total
-
-
-
82 396
Employee
79 519
-
155 500
-
municipal
475
-
928
-
national
13 438
-
32 712
-
regional
1 201
-
3 147
-
social contributions
26 813
-
52 434
-
total
41 927
-
89 221
-
Employer
79 519
-
155 500
-
total
-
-
-
-
Corporate
75 981
155 500
-
-
municipal
3 662
7 494
-
-
nationa
18 236
37 320
-
-
total
21 898
44 814
-
-
Dividends
54 083
110 686
-
-
withholding
14 061
28 778
-
-
total
14 061
28 778
-
-
Income
155 500
155 500
155 500
155 500
Total tax
77 886
73 592
89 221
82 396
After tax
77 614
81 908
66 279
73 104
Living cost
37 593
37 593
37 593
37 593
Free-cash
40 021
44 315
28 686
35 511

Estimated living cost  is ₽37593 per week

₽26407
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2586
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.
₽8032
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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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