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
₽ 156500
per

Your estimated
City
free-cash

Dresden , Germany
₽48402
₽59565
₽53230
₽70489
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
156 500
trade
-
-
-
17 259
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.

-
-
-
46 018
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.

-
-
-
6 894
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.

-
-
-
2 532
total
-
-
-
72 703
Employee

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

38 599
-
156 500
-
health

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

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

6 894
-
6 894
-
surtax

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

59
-
2 532
-
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.

1 078
-
46 018
-
total
8 031
-
55 444
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
117 901
156 500
-
-
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.

973
1 291
-
-
income
17 684
23 475
-
-
trade
18 569
24 649
-
-
chamber of commerce
322
377
-
-
total
37 548
49 792
-
-
Dividends
80 353
106 707
-
-
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.

1 084
1 446
-
-
withholding
19 705
26 293
-
-
total
20 789
27 739
-
-
Income
156 500
156 500
156 500
156 500
Total tax
66 368
77 531
55 444
72 703
After tax
90 132
78 969
101 056
83 797
Living cost
30 567
30 567
30 567
30 567
Free-cash
59 565
48 402
70 489
53 230

Estimated living cost  is ₽30567 per week

₽19228
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.
₽571
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7205
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽46662
₽45814
₽41706
₽42934
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
156 500
municipal
-
-
-
16 998
pensions
-
-
-
18 780
national
-
-
-
26 340
social contributions
-
-
-
1 682
total
-
-
-
63 800
Employee
79 050
-
135 293
-
municipal
9 764
-
17 604
-
pensions
3 162
-
5 412
-
national
15 130
-
27 279
-
total
28 056
-
50 295
-
Employer
79 050
-
135 293
-
social contributions
850
-
1 454
-
pensions
6 324
-
10 823
-
total
7 174
-
12 277
-
Corporate
65 059
156 500
-
-
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%.

13 012
31 300
-
-
total
13 012
31 300
-
-
Dividends
52 047
125 200
-
-
withholding
11 450
27 544
-
-
total
11 450
27 544
-
-
Income
156 500
156 500
156 500
156 500
Total tax
59 692
58 844
62 572
63 800
After tax
96 808
97 656
93 928
92 700
Living cost
50 994
50 994
50 994
50 994
Free-cash
45 814
46 662
42 934
41 706

Estimated living cost  is ₽50994 per week

₽34660
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4740
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽763
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10830
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽104204
₽95928
₽30979
₽73696
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
156 500
microenterprise
-
-
-
-
income
-
-
-
25 953
surtax
-
-
-
39 907
social contributions

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

-
-
-
38 666
total
-
-
-
104 526
Employee
29 489
-
113 314
-
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.

3 244
-
12 465
-
surtax
-
-
-
-
income
5 249
-
22 046
-
total
8 493
-
34 511
-
Employer
29 489
-
113 314
-
social contributions

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

7 103
-
27 298
-
surtax
-
-
-
-
total
7 103
-
27 298
-
Corporate
119 908
156 500
-
-
income

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

23 981
31 301
-
-
total
23 981
31 301
-
-
Dividends

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

95 927
125 199
-
-
total
-
-
-
-
Income
156 500
156 500
156 500
156 500
Total tax
39 577
31 301
61 809
104 526
After tax
116 923
125 199
94 691
51 974
Living cost
20 995
20 995
20 995
20 995
Free-cash
95 928
104 204
73 696
30 979

Estimated living cost  is ₽20995 per week

₽13394
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1999
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽477
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5125
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽34891
₽28708
₽45605
₽53194
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
156 500
income
-
-
-
44 351
pensions
-
-
-
11 824
health
-
-
-
12 444
total
-
-
-
68 619
Employee
86 180
86 180
137 745
-
health
13 228
11 251
12 444
-
income

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

14 106
14 106
18 007
-
pensions
15 512
11 824
11 824
-
total
42 846
37 181
42 275
-
Employer
86 180
86 180
137 745
-
unemployment
3 102
3 102
3 855
-
pensions
5 998
5 998
7 456
-
health
5 990
5 990
7 444
-
total
15 090
15 090
18 755
-
Corporate
56 286
55 229
-
-
income
11 257
11 046
-
-
total
11 257
11 046
-
-
Dividends
45 029
44 182
-
-
income
9 568
9 388
-
-
withholding
6 755
6 628
-
-
total
16 323
16 016
-
-
Income
156 500
156 500
156 500
156 500
Total tax
85 516
79 333
61 030
68 619
After tax
70 984
77 167
95 470
87 881
Living cost
42 276
42 276
42 276
42 276
Free-cash
28 708
34 891
53 194
45 605

Estimated living cost  is ₽42276 per week

₽29960
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3811
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽672
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7833
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽46457
₽45582
₽42334
₽41388
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
156 500
municipal
-
-
-
39 286
accident
-
-
-
171
pensions
-
-
-
9 238
other
-
-
-
9 930
unemployment
-
-
-
86
health
-
-
-
5 332
national
-
-
-
11 131
total
-
-
-
75 174
Employee
55 560
-
129 650
-
municipal
16 568
-
38 661
-
national
-
-
10 608
-
total
16 568
-
49 269
-
Employer
55 560
-
129 650
-
accident
111
-
171
-
other
6 456
-
9 930
-
unemployment
1 467
-
2 256
-
pensions
6 006
-
9 238
-
health
3 417
-
5 256
-
total
17 457
-
26 851
-
Corporate
83 483
156 500
-
-
income
18 366
34 430
-
-
total
18 366
34 430
-
-
Dividends
65 117
122 070
-
-
withholding
19 535
36 621
-
-
total
19 535
36 621
-
-
Income
156 500
156 500
156 500
156 500
Total tax
71 926
71 051
76 120
75 174
After tax
84 574
85 449
80 380
81 326
Living cost
38 992
38 992
38 992
38 992
Free-cash
45 582
46 457
41 388
42 334

Estimated living cost  is ₽38992 per week

₽25842
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3826
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽592
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8731
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽38517
₽52697
₽43386
₽61411
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
156 500
trade
-
-
-
18 025
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.

-
-
-
46 018
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.

-
-
-
6 894
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.

-
-
-
2 532
total
-
-
-
73 469
Employee

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

51 178
-
156 500
-
health

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

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

6 894
-
6 894
-
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.

241
-
2 532
-
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.

4 397
-
46 018
-
total
11 532
-
55 444
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
105 322
156 500
-
-
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.

869
1 291
-
-
income
15 798
23 475
-
-
trade
17 326
25 745
-
-
chamber of commerce
303
375
-
-
total
34 296
50 886
-
-
Dividends
71 026
105 614
-
-
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.

956
1 431
-
-
withholding
17 374
26 021
-
-
total
18 330
27 452
-
-
Income
156 500
156 500
156 500
156 500
Total tax
64 158
78 338
55 444
73 469
After tax
92 342
78 162
101 056
83 031
Living cost
39 645
39 645
39 645
39 645
Free-cash
52 697
38 517
61 411
43 386

Estimated living cost  is ₽39645 per week

₽26515
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4181
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽592
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8358
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽81503
₽77319
₽75300
₽73864
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
156 500
income
-
-
-
28 148
health
-
-
-
3 991
social contributions
-
-
-
16 328
total
-
-
-
48 467
Employee
77 601
77 601
145 128
-
social contributions
3 771
6 441
8 687
-
health
772
1 320
2 467
-
income
8 149
7 184
27 377
-
total
12 692
14 945
38 531
-
Employer
77 601
77 601
145 128
-
social contributions
3 771
6 441
8 687
-
health
841
1 436
2 685
-
total
4 612
7 877
11 372
-
Corporate
106 464
71 022
-
-
income
13 308
8 878
-
-
total
13 308
8 878
-
-
Dividends
93 156
62 143
-
-
withholding
15 836
10 564
-
-
total
15 836
10 564
-
-
Income
156 500
156 500
156 500
156 500
Total tax
46 448
42 264
49 903
48 467
After tax
110 052
114 236
106 597
108 033
Living cost
32 733
32 733
32 733
32 733
Free-cash
77 319
81 503
73 864
75 300

Estimated living cost  is ₽32733 per week

₽22376
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2557
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.
₽7251
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽69623
₽70004
₽90080
₽72389
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
156 500
income
-
-
-
19 132
pensions
-
-
-
15 650
unemployment
-
-
-
2 347
health
-
-
-
10 955
total
-
-
-
48 084
Employee

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

The minimum wage is 138,000 HUF per month.

26 469
10 534
130 962
-
health
1 853
737
9 167
-
income
3 236
1 288
16 010
-
pensions
2 647
1 053
13 096
-
unemployment
397
158
1 964
-
total
8 133
3 236
40 237
-
Employer

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

The minimum wage is 138,000 HUF per month.

26 469
10 534
130 962
-
pensions
5 161
2 054
25 538
-
total
5 161
2 054
25 538
-
Corporate
124 870
143 912
-
-
income
11 238
12 952
-
-
total
11 238
12 952
-
-
Dividends
113 632
130 960
-
-
social contributions
22 038
25 417
-
-
withholding
21 590
24 882
-
-
total
43 628
50 299
-
-
Income
156 500
156 500
156 500
156 500
Total tax
68 160
68 541
65 775
48 084
After tax
88 340
87 959
90 725
108 416
Living cost
18 336
18 336
18 336
18 336
Free-cash
70 004
69 623
72 389
90 080

Estimated living cost  is ₽18336 per week

₽12513
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1500
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽366
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3957
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽100824
₽94556
₽59510
₽65831
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
156 500
income
-
-
-
20 970
pensions
-
-
-
31 301
health
-
-
-
20 344
total
-
-
-
72 615
Employee
28 629
-
116 964
-
income
3 223
-
22 550
-
pensions
573
-
2 338
-
unemployment
458
-
1 871
-
total
4 254
-
26 759
-
Employer
28 629
-
116 964
-
unemployment
230
-
936
-
pensions
5 726
-
23 393
-
health
3 721
-
15 206
-
total
9 677
-
39 535
-
Corporate
118 194
156 500
-
-
income
23 638
31 301
-
-
total
23 638
31 301
-
-
Dividends
94 556
125 199
-
-
total
-
-
-
-
Income
156 500
156 500
156 500
156 500
Total tax
37 569
31 301
66 294
72 615
After tax
118 931
125 199
90 206
83 885
Living cost
24 375
24 375
24 375
24 375
Free-cash
94 556
100 824
65 831
59 510

Estimated living cost  is ₽24375 per week

₽16719
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1452
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽490
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5715
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽9396
₽9291
₽84986
₽62226
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
156 500
accident
-
-
-
253
income
-
-
-
42 455
pensions
-
-
-
4 174
other
-
-
-
372
health
-
-
-
2 188
total
-
-
-
49 442
Employee
34 721
-
139 691
-
health
3 975
-
15 995
-
income
4 763
-
31 745
-
pensions
3 910
-
7 654
-
total
12 648
-
55 394
-
Employer
34 721
-
139 691
-
accident
580
-
2 333
-
unemployment
851
-
3 422
-
pensions
5 646
-
11 053
-
total
7 077
-
16 808
-
Corporate
114 703
156 500
-
-
income

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

103 233
140 850
-
-
total
103 233
140 850
-
-
Dividends
11 470
15 650
-
-
withholding
2 179
2 974
-
-
total
2 179
2 974
-
-
Income
156 500
156 500
156 500
156 500
Total tax
125 137
143 824
72 202
49 442
After tax
31 363
12 676
84 298
107 058
Living cost
22 072
22 072
22 072
22 072
Free-cash
9 291
-9 396
62 226
84 986

Estimated living cost  is ₽22072 per week

₽16177
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1223
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽461
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4212
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽139595
₽137892
₽145855
₽116120
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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%.

-
-
-
156 500
microenterprise

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

-
-
-
1 565
total
-
-
-
1 565
Employee
11 349
-
156 500
-
income
2 270
-
31 300
-
total
2 270
-
31 300
-
Employer
-
-
-
-
total
-
-
-
-
Corporate

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

145 151
156 500
-
-
total
-
-
-
-
Dividends
145 151
156 500
-
-
withholding
7 258
7 825
-
-
total
7 258
7 825
-
-
Income
156 500
156 500
156 500
156 500
Total tax
9 528
7 825
31 300
1 565
After tax
146 972
148 675
125 200
154 935
Living cost
9 080
9 080
9 080
9 080
Free-cash
137 892
139 595
116 120
145 855

Estimated living cost  is ₽9080 per week

₽5627
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽755
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽250
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2448
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽88090
₽81276
₽56599
₽62316
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
156 500
income
-
-
-
22 137
pensions

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

-
-
-
36 831
other
-
-
-
7 289
health
-
-
-
6 753
total
-
-
-
73 010
Employee
36 642
-
125 000
-
health
513
-
1 750
-
income
6 308
-
24 042
-
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.

2 564
-
8 750
-
unemployment
366
-
1 251
-
total
9 751
-
35 793
-
Employer
36 642
-
125 000
-
accident
293
-
1 000
-
other
1 833
-
6 249
-
unemployment
366
-
1 251
-
pensions

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

6 230
-
21 250
-
health
513
-
1 750
-
total
9 235
-
31 500
-
Corporate
110 623
156 500
-
-
income
23 230
32 865
-
-
total
23 230
32 865
-
-
Dividends
87 393
123 635
-
-
withholding
6 117
8 654
-
-
total
6 117
8 654
-
-
Income
156 500
156 500
156 500
156 500
Total tax
48 333
41 519
67 293
73 010
After tax
108 167
114 981
89 207
83 490
Living cost
26 891
26 891
26 891
26 891
Free-cash
81 276
88 090
62 316
56 599

Estimated living cost  is ₽26891 per week

₽19000
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1816
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽433
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5642
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽37077
₽35624
₽37697
₽23411
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
156 500
income
-
-
-
42 403
pensions
-
-
-
8 674
total
-
-
-
51 077
Employee
95 822
-
136 914
-
health
1 579
-
2 070
-
income
17 273
-
32 880
-
pensions
9 244
-
10 828
-
total
28 096
-
45 778
-
Employer
95 822
-
136 914
-
pensions
11 314
-
16 985
-
health
1 820
-
2 600
-
total
13 134
-
19 585
-
Corporate
47 544
156 500
-
-
income

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

9 032
29 735
-
-
total
9 032
29 735
-
-
Dividends
38 511
126 765
-
-
withholding
2 888
21 962
-
-
total
2 888
21 962
-
-
Income
156 500
156 500
156 500
156 500
Total tax
53 150
51 697
65 363
51 077
After tax
103 350
104 803
91 137
105 423
Living cost
67 726
67 726
67 726
67 726
Free-cash
35 624
37 077
23 411
37 697

Estimated living cost  is ₽67726 per week

₽50749
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽7957
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽551
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽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

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
₽120568
₽115878
₽110369
₽116275
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
156 500
income
-
-
-
23 475
pensions

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

-
-
-
5 220
unemployment
-
-
-
141
health
-
-
-
4 056
total
-
-
-
32 892
Employee
17 531
-
149 580
-
health
806
-
1 622
-
accident

We are using the highest rate at 1.1%.

193
-
388
-
income
1 753
-
14 958
-
pensions

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

1 539
-
3 097
-
total
4 291
-
20 065
-
Employer
17 531
-
149 580
-
accident

We are using the highest rate at 1.1%.

193
-
388
-
unemployment
105
-
212
-
pensions

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

1 932
-
3 887
-
health
1 210
-
2 434
-
total
3 440
-
6 921
-
Corporate
135 529
156 500
-
-
income
13 553
15 650
-
-
total
13 553
15 650
-
-
Dividends
121 976
140 850
-
-
withholding
6 099
7 043
-
-
total
6 099
7 043
-
-
Income
156 500
156 500
156 500
156 500
Total tax
27 383
22 693
26 986
32 892
After tax
129 117
133 807
129 514
123 608
Living cost
13 239
13 239
13 239
13 239
Free-cash
115 878
120 568
116 275
110 369

Estimated living cost  is ₽13239 per week

₽7729
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽945
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽351
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4214
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽21206
₽23744
₽31920
₽39509
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
156 500
income
-
-
-
44 351
pensions
-
-
-
11 824
health
-
-
-
12 444
total
-
-
-
68 619
Employee
93 564
86 180
137 745
-
health
11 673
11 251
12 444
-
income

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

14 106
14 106
18 007
-
pensions
11 824
11 824
11 824
-
total
37 603
37 181
42 275
-
Employer
93 564
86 180
137 745
-
unemployment
3 369
3 102
3 855
-
pensions
6 511
5 998
7 456
-
health
6 502
5 990
7 444
-
total
16 382
15 090
18 755
-
Corporate
46 554
55 229
-
-
income
9 311
11 046
-
-
total
9 311
11 046
-
-
Dividends
37 243
44 182
-
-
income
7 913
9 388
-
-
withholding
5 586
6 628
-
-
total
13 499
16 016
-
-
Income
156 500
156 500
156 500
156 500
Total tax
76 795
79 333
61 030
68 619
After tax
79 705
77 167
95 470
87 881
Living cost
55 961
55 961
55 961
55 961
Free-cash
23 744
21 206
39 509
31 920

Estimated living cost  is ₽55961 per week

₽41280
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4998
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽642
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9041
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽83579
₽74957
₽61332
₽55247
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
156 500
income
-
-
-
15 089
health
-
-
-
21 127
solidarity contribution
-
-
-
-
social contributions
-
-
-
34 781
total
-
-
-
70 997
Employee
35 546
-
116 791
-
social contributions
2 310
-
7 591
-
health
4 799
-
15 767
-
solidarity contribution
-
-
-
-
income
4 265
-
14 015
-
total
11 374
-
37 373
-
Employer
35 546
-
116 791
-
social contributions
8 886
-
29 198
-
health
3 199
-
10 511
-
total
12 085
-
39 709
-
Corporate
108 869
156 500
-
-
income
20 685
29 735
-
-
total
20 685
29 735
-
-
Dividends
88 184
126 765
-
-
withholding
13 228
19 015
-
-
total
13 228
19 015
-
-
Income
156 500
156 500
156 500
156 500
Total tax
57 372
48 750
77 082
70 997
After tax
99 128
107 750
79 418
85 503
Living cost
24 171
24 171
24 171
24 171
Free-cash
74 957
83 579
55 247
61 332

Estimated living cost  is ₽24171 per week

₽16789
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1720
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽475
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5187
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽40916
₽35647
₽33453
₽26338
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
156 500
municipal
-
-
-
931
regional
-
-
-
1 826
national
-
-
-
37 454
social contributions
-
-
-
40 252
total
-
-
-
80 463
Employee
89 690
-
156 500
-
social contributions
30 243
-
52 771
-
regional
846
-
1 609
-
municipal
475
-
829
-
national
15 541
-
32 369
-
total
47 105
-
87 578
-
Employer
89 690
-
156 500
-
total
-
-
-
-
Corporate
66 810
156 500
-
-
nationa
16 035
37 559
-
-
municipal
2 606
6 103
-
-
total
18 641
43 662
-
-
Dividends
48 168
112 837
-
-
withholding
12 523
29 338
-
-
total
12 523
29 338
-
-
Income
156 500
156 500
156 500
156 500
Total tax
78 269
73 000
87 578
80 463
After tax
78 231
83 500
68 922
76 037
Living cost
42 584
42 584
42 584
42 584
Free-cash
35 647
40 916
26 338
33 453

Estimated living cost  is ₽42584 per week

₽29684
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2792
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽653
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9453
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽76169
₽73030
₽52000
₽46582
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
156 500
income
-
-
-
39 725
pensions
-
-
-
26 938
other
-
-
-
-
unemployment
-
-
-
230
health
-
-
-
9 562
surtax
-
-
-
5 776
total
-
-
-
82 231
Employee
33 373
-
129 284
-
other
-
-
-
-
health
852
-
3 296
-
surtax
109
-
4 922
-
income
5 594
-
34 593
-
pensions
2 225
-
8 624
-
unemployment
2 323
-
8 999
-
total
11 103
-
60 434
-
Employer
33 373
-
129 284
-
other
-
-
-
-
unemployment
1 057
-
4 098
-
pensions
4 449
-
17 234
-
health
1 519
-
5 883
-
total
7 025
-
27 215
-
Corporate
116 102
156 500
-
-
income
30 186
40 690
-
-
total
30 186
40 690
-
-
Dividends
85 916
115 810
-
-
withholding
12 887
17 372
-
-
total
12 887
17 372
-
-
Income
156 500
156 500
156 500
156 500
Total tax
61 201
58 062
87 649
82 231
After tax
95 299
98 438
68 851
74 269
Living cost
22 269
22 269
22 269
22 269
Free-cash
73 030
76 169
46 582
52 000

Estimated living cost  is ₽22269 per week

₽13616
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2055
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽513
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6084
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽58534
₽63019
₽59154
₽44868
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
156 500
income
-
-
-
42 403
pensions
-
-
-
8 674
total
-
-
-
51 077
Employee
64 218
-
136 914
-
health
932
-
2 070
-
income
11 566
-
32 880
-
pensions
5 451
-
10 828
-
total
17 949
-
45 778
-
Employer
64 218
-
136 914
-
pensions
6 952
-
16 985
-
health
1 220
-
2 600
-
total
8 172
-
19 585
-
Corporate
84 111
156 500
-
-
income

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

15 982
29 735
-
-
total
15 982
29 735
-
-
Dividends
68 129
126 765
-
-
withholding
5 109
21 962
-
-
total
5 109
21 962
-
-
Income
156 500
156 500
156 500
156 500
Total tax
47 212
51 697
65 363
51 077
After tax
109 288
104 803
91 137
105 423
Living cost
46 269
46 269
46 269
46 269
Free-cash
63 019
58 534
44 868
59 154

Estimated living cost  is ₽46269 per week

₽34664
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3468
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.
₽7652
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽4710
₽27925
₽51428
₽43820
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
156 500
city
-
-
-
1 649
pensions
-
-
-
14 397
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.

-
-
-
3 130
regional
-
-
-
7 223
health
-
-
-
353
national
-
-
-
2 046
total
-
-
-
28 798
Employee
89 260
-
140 074
-
city
958
-
1 505
-
regional
2 923
-
6 249
-
health
202
-
315
-
pensions
7 499
-
11 768
-
unemployment
-
-
-
-
national
422
-
1 685
-
total
12 004
-
21 522
-
Employer
89 260
-
140 074
-
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.

1 785
-
2 801
-
unemployment
-
-
-
-
pensions
7 499
-
11 768
-
health
202
-
315
-
total
9 486
-
14 884
-
Corporate
56 773
156 500
-
-
regional
12 007
33 099
-
-
national
4 825
13 302
-
-
total
16 832
46 401
-
-
Dividends
39 942
110 099
-
-
withholding
13 979
38 535
-
-
total
13 979
38 535
-
-
Income
156 500
156 500
156 500
156 500
Total tax
52 301
84 936
36 406
28 798
After tax
104 199
71 564
120 094
127 702
Living cost
76 274
76 274
76 274
76 274
Free-cash
27 925
-4 710
43 820
51 428

Estimated living cost  is ₽76274 per week

₽49600
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽6845
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽936
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽18893
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽31128
₽47494
₽36032
₽54825
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
156 500
trade
-
-
-
18 793
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.

-
-
-
46 018
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.

-
-
-
6 894
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.

-
-
-
2 532
total
-
-
-
74 237
Employee

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

60 650
-
156 500
-
health

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

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

6 894
-
6 894
-
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.

393
-
2 532
-
income

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

7 132
-
46 018
-
total
14 419
-
55 444
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
95 850
156 500
-
-
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.

791
1 291
-
-
income
14 377
23 475
-
-
trade
16 437
26 840
-
-
chamber of commerce
287
373
-
-
total
31 892
51 979
-
-
Dividends
63 958
104 520
-
-
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.

858
1 415
-
-
withholding
15 606
25 747
-
-
total
16 464
27 162
-
-
Income
156 500
156 500
156 500
156 500
Total tax
62 775
79 141
55 444
74 237
After tax
93 725
77 359
101 056
82 263
Living cost
46 231
46 231
46 231
46 231
Free-cash
47 494
31 128
54 825
36 032

Estimated living cost  is ₽46231 per week

₽33765
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3698
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽601
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8168
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽44349
₽50309
₽54012
₽53854
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
156 500
income
-
-
-
22 766
pensions
-
-
-
29 932
other
-
-
-
4 851
health
-
-
-
5 954
surtax
-
-
-
-
social contributions
-
-
-
4 458
total
-
-
-
67 961
Employee
43 191
-
122 453
-
social contributions
1 231
-
3 489
-
surtax
-
-
-
-
income
2 549
-
22 626
-
pensions
4 884
-
7 961
-
total
8 664
-
34 076
-
Employer
43 191
-
122 453
-
other
1 490
-
4 541
-
social contributions
130
-
368
-
unemployment
1 748
-
4 960
-
pensions
7 095
-
13 500
-
health
3 024
-
10 674
-
total
13 487
-
34 043
-
Corporate
99 820
156 500
-
-
surtax
-
-
-
-
income
27 949
43 820
-
-
total
27 949
43 820
-
-
Dividends
71 871
112 680
-
-
surtax
-
-
-
-
social contributions
12 364
19 381
-
-
withholding
9 200
14 423
-
-
total
21 564
33 804
-
-
Income
156 500
156 500
156 500
156 500
Total tax
71 664
77 624
68 119
67 961
After tax
84 836
78 876
88 381
88 539
Living cost
34 527
34 527
34 527
34 527
Free-cash
50 309
44 349
53 854
54 012

Estimated living cost  is ₽34527 per week

₽21771
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2808
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽588
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9363
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽47769
₽53377
₽57432
₽57274
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
156 500
income
-
-
-
22 766
pensions
-
-
-
29 932
other
-
-
-
4 851
health
-
-
-
5 954
surtax
-
-
-
-
social contributions
-
-
-
4 458
total
-
-
-
67 961
Employee
38 554
-
122 453
-
social contributions
1 099
-
3 489
-
surtax
-
-
-
-
income
1 988
-
22 626
-
pensions
4 361
-
7 961
-
total
7 448
-
34 076
-
Employer
38 554
-
122 453
-
other
1 331
-
4 541
-
social contributions
115
-
368
-
unemployment
1 561
-
4 960
-
pensions
6 335
-
13 500
-
health
2 698
-
10 674
-
total
12 040
-
34 043
-
Corporate
105 905
156 500
-
-
surtax
-
-
-
-
income
29 654
43 820
-
-
total
29 654
43 820
-
-
Dividends
76 252
112 680
-
-
surtax
-
-
-
-
social contributions
13 115
19 381
-
-
withholding
9 759
14 423
-
-
total
22 874
33 804
-
-
Income
156 500
156 500
156 500
156 500
Total tax
72 016
77 624
68 119
67 961
After tax
84 484
78 876
88 381
88 539
Living cost
31 107
31 107
31 107
31 107
Free-cash
53 377
47 769
57 274
57 432

Estimated living cost  is ₽31107 per week

₽18040
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3160
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽590
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9317
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽74080
₽74602
₽79105
₽76502
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
156 500
income
-
-
-
23 475
health
-
-
-
10 924
social contributions
-
-
-
21 597
total
-
-
-
55 996
Employee
34 217
-
156 500
-
social contributions
4 723
-
21 597
-
health
2 388
-
10 924
-
income
5 707
-
26 078
-
total
12 818
-
58 599
-
Employer
34 217
-
156 500
-
total
-
-
-
-
Corporate
122 283
156 500
-
-
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%.

6 115
7 825
-
-
total
6 115
7 825
-
-
Dividends
116 168
148 675
-
-
health
8 109
10 378
-
-
social contributions
16 031
20 517
-
-
withholding
17 426
22 301
-
-
total
41 566
53 196
-
-
Income
156 500
156 500
156 500
156 500
Total tax
60 499
61 021
58 599
55 996
After tax
96 001
95 479
97 901
100 504
Living cost
21 399
21 399
21 399
21 399
Free-cash
74 602
74 080
76 502
79 105

Estimated living cost  is ₽21399 per week

₽14321
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1320
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽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.
₽5265
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽51232
₽49671
₽44706
₽5359
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
156 500
chamber of commerce
-
-
-
626
income
-
-
-
38 390
pensions
-
-
-
21 811
unemployment
-
-
-
6 190
health
-
-
-
9 018
surtax
-
-
-
199
total
-
-
-
76 234
Employee
50 434
40 217
122 066
-
other
504
402
1 180
-
health
1 952
1 557
4 562
-
income
5 742
2 967
30 236
-
pensions
5 165
4 117
12 073
-
unemployment
1 513
1 207
3 537
-
total
14 876
10 250
51 588
-
Employer
50 434
40 217
122 066
-
accident
655
523
1 532
-
other
2 396
1 909
5 763
-
chamber of commerce
201
161
488
-
unemployment
1 513
1 207
3 537
-
surtax
199
199
199
-
pensions
6 329
5 048
14 796
-
payroll
1 513
1 207
3 662
-
health
1 906
1 521
4 456
-
total
14 712
11 775
34 433
-
Corporate
91 354
104 509
118 236
-
income

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

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

22 838
26 128
29 560
-
total
22 838
26 128
29 560
-
Dividends
68 516
78 381
-
-
withholding
18 843
21 555
-
-
total
18 843
21 555
-
-
Income
156 500
156 500
156 500
156 500
Total tax
71 269
69 708
115 581
76 234
After tax
85 231
86 792
40 919
80 266
Living cost
35 560
35 560
35 560
35 560
Free-cash
49 671
51 232
5 359
44 706

Estimated living cost  is ₽35560 per week

₽23717
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3034
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽584
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8225
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽50773
₽35639
₽31261
₽19489
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
156 500
national
-
-
-
56 140
communal

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

-
-
-
7 927
social contributions
-
-
-
24 376
total
-
-
-
88 443
Employee

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

72 187
-
121 214
-
communal

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

3 765
-
6 322
-
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.

3 392
-
5 697
-
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.

5 414
-
9 091
-
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.

628
-
1 055
-
national
22 193
-
42 763
-
total
35 392
-
64 928
-
Employer

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

72 187
-
121 214
-
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.

938
-
1 576
-
unemployment

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

1 053
-
1 770
-
surtax
8 185
-
13 747
-
pensions

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

6 396
-
10 740
-
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.

4 439
-
7 454
-
total
21 011
-
35 287
-
Corporate
63 300
156 500
-
-
surtax
253
626
-
-
income
12 661
31 301
-
-
total
12 914
31 927
-
-
Dividends
50 386
124 573
-
-
withholding

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

14 748
37 004
-
-
total
14 748
37 004
-
-
Income
156 500
156 500
156 500
156 500
Total tax
84 065
68 931
100 215
88 443
After tax
72 435
87 569
56 285
68 057
Living cost
36 796
36 796
36 796
36 796
Free-cash
35 639
50 773
19 489
31 261

Estimated living cost  is ₽36796 per week

₽23701
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3217
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽576
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9302
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽68128
₽60834
₽51619
₽47385
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
156 500
accident
-
-
-
843
income
-
-
-
40 372
pensions
-
-
-
26 471
other
-
-
-
94
unemployment
-
-
-
655
total
-
-
-
68 435
Employee
50 235
-
126 680
-
other
50
-
94
-
income
10 599
-
36 907
-
pensions
2 361
-
4 397
-
unemployment
779
-
1 450
-
total
13 789
-
42 848
-
Employer
50 235
-
126 680
-
accident
994
-
1 852
-
other
400
-
749
-
unemployment
2 764
-
5 144
-
pensions
11 855
-
22 076
-
total
16 013
-
29 821
-
Corporate
90 253
156 500
-
-
income

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

13 538
23 475
-
-
total
13 538
23 475
-
-
Dividends
76 715
133 025
-
-
withholding
15 880
28 451
-
-
total
15 880
28 451
-
-
Income
156 500
156 500
156 500
156 500
Total tax
59 220
51 926
72 669
68 435
After tax
97 280
104 574
83 831
88 065
Living cost
36 446
36 446
36 446
36 446
Free-cash
60 834
68 128
47 385
51 619

Estimated living cost  is ₽36446 per week

₽26838
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2585
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.
₽6496
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽37929
₽26089
₽24910
₽31152
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
156 500
accident
-
-
-
1 320
income
-
-
-
23 322
pensions
-
-
-
23 458
health
-
-
-
10 997
surtax
-
-
-
7 758
communal
-
-
-
9 892
total
-
-
-
76 747
Employee
76 425
-
139 794
-
health
3 401
-
6 220
-
surtax
4 684
-
8 568
-
income
7 382
-
27 828
-
pensions
6 113
-
11 184
-
total
21 580
-
53 800
-
Employer
76 425
-
139 794
-
accident
688
-
1 258
-
pensions
6 113
-
11 184
-
health
2 331
-
4 263
-
total
9 132
-
16 705
-
Corporate
70 944
156 500
-
-
surtax
745
1 643
-
-
communal
4 788
10 564
-
-
income
10 642
23 475
-
-
total
16 175
35 682
-
-
Dividends
54 769
120 818
-
-
income
20 465
9 923
-
-
withholding
8 216
18 123
-
-
total
28 681
28 046
-
-
Income
156 500
156 500
156 500
156 500
Total tax
75 568
63 728
70 505
76 747
After tax
80 932
92 772
85 995
79 753
Living cost
54 843
54 843
54 843
54 843
Free-cash
26 089
37 929
31 152
24 910

Estimated living cost  is ₽54843 per week

₽41140
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3323
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽580
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9798
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽75771
₽72564
₽51602
₽46184
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
156 500
income
-
-
-
39 725
pensions
-
-
-
26 938
other
-
-
-
-
unemployment
-
-
-
230
health
-
-
-
9 562
surtax
-
-
-
5 776
total
-
-
-
82 231
Employee
33 986
-
129 284
-
other
-
-
-
-
health
868
-
3 296
-
surtax
121
-
4 922
-
income
5 697
-
34 593
-
pensions
2 267
-
8 624
-
unemployment
2 365
-
8 999
-
total
11 318
-
60 434
-
Employer
33 986
-
129 284
-
other
-
-
-
-
unemployment
1 078
-
4 098
-
pensions
4 531
-
17 234
-
health
1 545
-
5 883
-
total
7 154
-
27 215
-
Corporate
115 359
156 500
-
-
income
29 993
40 690
-
-
total
29 993
40 690
-
-
Dividends
85 367
115 810
-
-
withholding
12 804
17 372
-
-
total
12 804
17 372
-
-
Income
156 500
156 500
156 500
156 500
Total tax
61 269
58 062
87 649
82 231
After tax
95 231
98 438
68 851
74 269
Living cost
22 667
22 667
22 667
22 667
Free-cash
72 564
75 771
46 184
51 602

Estimated living cost  is ₽22667 per week

₽13685
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1971
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽527
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6486
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽55076
₽52833
₽48318
₽41241
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
156 500
municipal
-
-
-
931
regional
-
-
-
2 360
national
-
-
-
37 454
social contributions
-
-
-
40 252
total
-
-
-
80 997
Employee
55 981
-
156 500
-
social contributions
18 877
-
52 771
-
regional
754
-
2 105
-
municipal
297
-
829
-
national
8 869
-
32 369
-
total
28 797
-
88 074
-
Employer
55 981
-
156 500
-
total
-
-
-
-
Corporate
100 519
156 500
-
-
nationa
24 125
37 559
-
-
municipal
4 997
7 777
-
-
total
29 122
45 336
-
-
Dividends
71 398
111 164
-
-
withholding
18 563
28 903
-
-
total
18 563
28 903
-
-
Income
156 500
156 500
156 500
156 500
Total tax
76 482
74 239
88 074
80 997
After tax
80 018
82 261
68 426
75 503
Living cost
27 185
27 185
27 185
27 185
Free-cash
52 833
55 076
41 241
48 318

Estimated living cost  is ₽27185 per week

₽16907
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2754
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽465
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7059
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽77965
₽67341
₽55718
₽49633
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
156 500
income
-
-
-
15 089
health
-
-
-
21 127
solidarity contribution
-
-
-
-
social contributions
-
-
-
34 781
total
-
-
-
70 997
Employee
43 801
-
116 791
-
social contributions
2 847
-
7 591
-
health
5 913
-
15 767
-
solidarity contribution
-
-
-
-
income
5 256
-
14 015
-
total
14 016
-
37 373
-
Employer
43 801
-
116 791
-
social contributions
10 950
-
29 198
-
health
3 942
-
10 511
-
total
14 892
-
39 709
-
Corporate
97 806
156 500
-
-
income
18 583
29 735
-
-
total
18 583
29 735
-
-
Dividends
79 223
126 765
-
-
withholding
11 883
19 015
-
-
total
11 883
19 015
-
-
Income
156 500
156 500
156 500
156 500
Total tax
59 374
48 750
77 082
70 997
After tax
97 126
107 750
79 418
85 503
Living cost
29 785
29 785
29 785
29 785
Free-cash
67 341
77 965
49 633
55 718

Estimated living cost  is ₽29785 per week

₽22150
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1650
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽515
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5470
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽54704
₽54207
₽48268
₽8787
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
156 500
chamber of commerce
-
-
-
626
income
-
-
-
38 390
pensions
-
-
-
21 811
unemployment
-
-
-
6 190
health
-
-
-
9 018
surtax
-
-
-
-
total
-
-
-
76 035
Employee
44 114
40 217
122 252
-
other
440
402
1 180
-
health
1 706
1 557
4 562
-
income
3 930
2 967
30 312
-
pensions
4 518
4 117
12 073
-
unemployment
1 323
1 207
3 537
-
total
11 917
10 250
51 664
-
Employer
44 114
40 217
122 252
-
accident
573
523
1 532
-
other
2 095
1 909
5 770
-
chamber of commerce
176
161
488
-
unemployment
1 323
1 207
3 537
-
surtax
-
-
-
-
pensions
5 537
5 048
14 796
-
payroll
1 323
1 207
3 667
-
health
1 668
1 521
4 456
-
total
12 695
11 576
34 246
-
Corporate
99 690
104 708
118 422
-
income

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

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

24 923
26 178
29 606
-
total
24 923
26 178
29 606
-
Dividends
74 767
78 530
-
-
withholding
20 561
21 595
-
-
total
20 561
21 595
-
-
Income
156 500
156 500
156 500
156 500
Total tax
70 096
69 599
115 516
76 035
After tax
86 404
86 901
40 984
80 465
Living cost
32 197
32 197
32 197
32 197
Free-cash
54 207
54 704
8 787
48 268

Estimated living cost  is ₽32197 per week

₽19314
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3288
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽575
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9020
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

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
₽134526
₽131873
₽140786
₽111051
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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%.

-
-
-
156 500
microenterprise

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

-
-
-
1 565
total
-
-
-
1 565
Employee
17 686
-
156 500
-
income
3 537
-
31 300
-
total
3 537
-
31 300
-
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%.

138 814
156 500
-
-
total
-
-
-
-
Dividends
138 814
156 500
-
-
withholding
6 941
7 825
-
-
total
6 941
7 825
-
-
Income
156 500
156 500
156 500
156 500
Total tax
10 478
7 825
31 300
1 565
After tax
146 022
148 675
125 200
154 935
Living cost
14 149
14 149
14 149
14 149
Free-cash
131 873
134 526
111 051
140 786

Estimated living cost  is ₽14149 per week

₽9575
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽594
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽474
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3505
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽80682
₽72240
₽50445
₽46300
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
156 500
income
-
-
-
34 768
pensions
-
-
-
28 581
unemployment
-
-
-
236
health
-
-
-
15 401
total
-
-
-
78 986
Employee

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

44 626
-
135 415
-
health
2 882
-
8 748
-
income
7 696
-
32 120
-
pensions
6 917
-
20 990
-
unemployment
63
-
190
-
total
17 558
-
62 048
-
Employer

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

44 626
-
135 415
-
unemployment
27
-
80
-
pensions
3 949
-
11 985
-
health
2 972
-
9 018
-
total
6 948
-
21 083
-
Corporate
104 926
156 500
-
-
income
19 936
29 734
-
-
total
19 936
29 734
-
-
Dividends
84 989
126 766
-
-
withholding
12 749
19 015
-
-
total
12 749
19 015
-
-
Income
156 500
156 500
156 500
156 500
Total tax
57 191
48 749
83 131
78 986
After tax
99 309
107 751
73 369
77 514
Living cost
27 069
27 069
27 069
27 069
Free-cash
72 240
80 682
46 300
50 445

Estimated living cost  is ₽27069 per week

₽18577
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1735
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.
₽6234
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽51631
₽3584
₽64570
₽99628
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
156 500
income
-
-
-
30 505
social contributions
-
-
-
17 841
total
-
-
-
48 346
Employee
62 493
-
-
-
social contributions
5 124
-
730
-
income
13 785
-
-
-
total
18 909
-
730
-
Employer
62 493
-
-
-
social contributions
88 116
-
12 558
-
total
88 116
-
12 558
-
Corporate
5 891
156 500
-
-
income
1 296
34 430
-
-
total
1 296
34 430
-
-
Dividends
4 595
122 070
-
-
income
1 011
26 855
-
-
total
1 011
26 855
-
-
Income
156 500
156 500
156 500
156 500
Total tax
109 332
61 285
13 288
48 346
After tax
47 168
95 215
143 212
108 154
Living cost
43 584
43 584
43 584
43 584
Free-cash
3 584
51 631
99 628
64 570

Estimated living cost  is ₽43584 per week

₽28279
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4099
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽555
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10650
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽57362
₽56345
₽52916
₽41657
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
156 500
income
-
-
-
17 546
surtax
-
-
-
-
social contributions

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

-
-
-
54 383
total
-
-
-
71 929
Employee
46 415
-
126 465
-
social contributions
5 106
-
13 911
-
surtax
-
-
-
-
income
9 654
-
39 242
-
total
14 760
-
53 153
-
Employer
46 415
-
126 465
-
social contributions
11 023
-
30 035
-
total
11 023
-
30 035
-
Corporate
99 062
156 500
-
-
surtax
-
-
-
-
income
20 804
32 865
-
-
total
20 804
32 865
-
-
Dividends
78 258
123 635
-
-
withholding
21 913
34 618
-
-
total
21 913
34 618
-
-
Income
156 500
156 500
156 500
156 500
Total tax
68 500
67 483
83 188
71 929
After tax
88 000
89 017
73 312
84 571
Living cost
31 655
31 655
31 655
31 655
Free-cash
56 345
57 362
41 657
52 916

Estimated living cost  is ₽31655 per week

₽23684
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1867
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽529
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5575
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽30134
₽37071
₽39797
₽39639
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
156 500
income
-
-
-
22 766
pensions
-
-
-
29 932
other
-
-
-
4 851
health
-
-
-
5 954
surtax
-
-
-
-
social contributions
-
-
-
4 458
total
-
-
-
67 961
Employee
63 207
-
122 453
-
social contributions
1 800
-
3 489
-
surtax
-
-
-
-
income
5 515
-
22 626
-
pensions
7 149
-
7 961
-
total
14 464
-
34 076
-
Employer
63 207
-
122 453
-
other
2 181
-
4 541
-
social contributions
190
-
368
-
unemployment
2 561
-
4 960
-
pensions
10 386
-
13 500
-
health
4 424
-
10 674
-
total
19 742
-
34 043
-
Corporate
73 552
156 500
-
-
surtax
-
-
-
-
income
20 595
43 820
-
-
total
20 595
43 820
-
-
Dividends
52 957
112 680
-
-
surtax
-
-
-
-
social contributions
9 108
19 381
-
-
withholding
6 778
14 423
-
-
total
15 886
33 804
-
-
Income
156 500
156 500
156 500
156 500
Total tax
70 687
77 624
68 119
67 961
After tax
85 813
78 876
88 381
88 539
Living cost
48 742
48 742
48 742
48 742
Free-cash
37 071
30 134
39 639
39 797

Estimated living cost  is ₽48742 per week

₽32988
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3987
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽668
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽11098
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽110514
₽107124
₽85655
₽89813
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
156 500
income
-
-
-
6 079
social contributions
-
-
-
34 430
total
-
-
-
40 509
Employee
32 444
-
135 497
-
income
-
-
6 540
-
social contributions
2 109
-
8 808
-
total
2 109
-
15 348
-
Employer
32 444
-
135 497
-
social contributions
5 029
-
21 003
-
total
5 029
-
21 003
-
Corporate
119 027
156 500
-
-
income
11 902
15 650
-
-
total
11 902
15 650
-
-
Dividends
107 124
140 850
-
-
total
-
-
-
-
Income
156 500
156 500
156 500
156 500
Total tax
19 040
15 650
36 351
40 509
After tax
137 460
140 850
120 149
115 991
Living cost
30 336
30 336
30 336
30 336
Free-cash
107 124
110 514
89 813
85 655

Estimated living cost  is ₽30336 per week

₽19615
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2287
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽571
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7863
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽63473
-₽63473
₽44910
-₽63473
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
156 500
municipal
-
-
-
31 966
pensions
-
-
-
875
national
-
-
-
17 676
labour market
-
-
-
12 450
total
-
-
-
62 967
Employee
205 227
205 227
205 227
-
labour market
16 395
16 395
16 395
-
national
25 072
25 072
25 072
-
municipal
43 702
43 702
43 702
-
pensions
292
292
292
-
total
85 461
85 461
85 461
-
Employer
205 227
205 227
205 227
-
labour market
16 418
16 418
16 418
-
municipal
43 772
43 772
43 772
-
pensions
583
583
583
-
national
25 116
25 116
25 116
-
total
85 889
85 889
85 889
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
156 500
156 500
156 500
156 500
Total tax
171 350
171 350
171 350
62 967
After tax
-14 850
-14 850
-14 850
93 533
Living cost
48 623
48 623
48 623
48 623
Free-cash
-63 473
-63 473
-63 473
44 910

Estimated living cost  is ₽48623 per week

₽33278
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4301
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽748
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10296
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽9070
₽9342
₽85312
₽62552
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
156 500
accident
-
-
-
253
income
-
-
-
42 455
pensions
-
-
-
4 174
other
-
-
-
372
health
-
-
-
2 188
total
-
-
-
49 442
Employee
34 209
-
139 691
-
health
3 917
-
15 995
-
income
4 693
-
31 745
-
pensions
3 852
-
7 654
-
total
12 462
-
55 394
-
Employer
34 209
-
139 691
-
accident
571
-
2 333
-
unemployment
838
-
3 422
-
pensions
5 562
-
11 053
-
total
6 971
-
16 808
-
Corporate
115 320
156 500
-
-
income

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

103 788
140 850
-
-
total
103 788
140 850
-
-
Dividends
11 532
15 650
-
-
withholding
2 191
2 974
-
-
total
2 191
2 974
-
-
Income
156 500
156 500
156 500
156 500
Total tax
125 412
143 824
72 202
49 442
After tax
31 088
12 676
84 298
107 058
Living cost
21 746
21 746
21 746
21 746
Free-cash
9 342
-9 070
62 552
85 312

Estimated living cost  is ₽21746 per week

₽15829
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1240
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽408
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4269
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽60640
₽62668
₽65286
₽44708
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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

-
-
-
156 500
municipal
-
-
-
27 811
health
-
-
-
1 990
national
-
-
-
22 668
total
-
-
-
52 469
Employee
53 095
-
131 655
-
health
396
-
1 607
-
municipal
8 697
-
21 453
-
pensions
3 583
-
8 886
-
unemployment
797
-
1 974
-
national
877
-
14 284
-
total
14 350
-
48 204
-
Employer
53 095
-
131 655
-
accident
54
-
132
-
unemployment
345
-
856
-
pensions
9 212
-
22 842
-
health
408
-
1 013
-
total
10 019
-
24 843
-
Corporate
93 387
156 500
-
-
income
18 678
31 301
-
-
total
18 678
31 301
-
-
Dividends

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

56 032
93 900
-
-
national
1 955
8 911
-
-
municipal
10 085
16 903
-
-
total
12 040
25 814
-
-
Income
156 500
156 500
156 500
156 500
Total tax
55 087
57 115
73 047
52 469
After tax
101 413
99 385
83 453
104 031
Living cost
38 745
38 745
38 745
38 745
Free-cash
62 668
60 640
44 708
65 286

Estimated living cost  is ₽38745 per week

₽25308
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3727
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽617
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9095
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽90871
₽85382
₽84668
₽83232
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
156 500
income
-
-
-
28 148
health
-
-
-
3 991
social contributions
-
-
-
16 328
total
-
-
-
48 467
Employee
77 601
77 601
145 128
-
social contributions
2 934
6 441
8 687
-
health
601
1 320
2 467
-
income
8 449
7 184
27 377
-
total
11 984
14 945
38 531
-
Employer
77 601
77 601
145 128
-
social contributions
2 934
6 441
8 687
-
health
653
1 436
2 685
-
total
3 587
7 877
11 372
-
Corporate
117 563
71 022
-
-
income
14 695
8 878
-
-
total
14 695
8 878
-
-
Dividends
102 868
62 143
-
-
withholding
17 487
10 564
-
-
total
17 487
10 564
-
-
Income
156 500
156 500
156 500
156 500
Total tax
47 753
42 264
49 903
48 467
After tax
108 747
114 236
106 597
108 033
Living cost
23 365
23 365
23 365
23 365
Free-cash
85 382
90 871
83 232
84 668

Estimated living cost  is ₽23365 per week

₽14003
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2292
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽517
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6554
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽113573
₽108439
₽114629
₽94388
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
156 500
income
-
-
-
15 748
pensions
-
-
-
6 419
unemployment
-
-
-
29
health
-
-
-
3 652
total
-
-
-
25 848
Employee

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

23 164
-
146 637
-
health
1 969
-
8 139
-
income
1 584
-
13 245
-
pensions
3 474
-
14 363
-
unemployment
115
-
479
-
total
7 142
-
36 226
-
Employer

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

23 164
-
146 637
-
unemployment
115
-
479
-
pensions
1 274
-
5 267
-
health
996
-
4 117
-
total
2 385
-
9 863
-
Corporate
130 951
156 500
-
-
income
11 786
14 086
-
-
total
11 786
14 086
-
-
Dividends
119 166
142 414
-
-
withholding
10 725
12 818
-
-
total
10 725
12 818
-
-
Income
156 500
156 500
156 500
156 500
Total tax
32 038
26 904
46 089
25 848
After tax
124 462
129 596
110 411
130 652
Living cost
16 023
16 023
16 023
16 023
Free-cash
108 439
113 573
94 388
114 629

Estimated living cost  is ₽16023 per week

₽10223
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1155
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽477
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4167
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽76823
₽72276
₽60314
₽56080
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
156 500
accident
-
-
-
843
income
-
-
-
40 372
pensions
-
-
-
26 471
other
-
-
-
94
unemployment
-
-
-
655
total
-
-
-
68 435
Employee
37 315
-
126 680
-
other
36
-
94
-
income
7 194
-
36 907
-
pensions
1 754
-
4 397
-
unemployment
578
-
1 450
-
total
9 562
-
42 848
-
Employer
37 315
-
126 680
-
accident
739
-
1 852
-
other
299
-
749
-
unemployment
2 053
-
5 144
-
pensions
8 806
-
22 076
-
total
11 897
-
29 821
-
Corporate
107 288
156 500
-
-
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.

16 093
23 475
-
-
total
16 093
23 475
-
-
Dividends
91 195
133 025
-
-
withholding
18 921
28 451
-
-
total
18 921
28 451
-
-
Income
156 500
156 500
156 500
156 500
Total tax
56 473
51 926
72 669
68 435
After tax
100 027
104 574
83 831
88 065
Living cost
27 751
27 751
27 751
27 751
Free-cash
72 276
76 823
56 080
60 314

Estimated living cost  is ₽27751 per week

₽18732
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2668
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽486
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5866
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽94900
₽94446
₽97351
₽97153
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
156 500
income
-
-
-
52 926
pensions
-
-
-
2 010
health
-
-
-
1 457
total
-
-
-
56 393
Employee
4 198
-
154 238
-
health
210
-
503
-
income
812
-
52 820
-
pensions
378
-
905
-
unemployment
42
-
101
-
total
1 442
-
54 329
-
Employer
4 198
-
154 238
-
unemployment
84
-
201
-
pensions
462
-
1 106
-
health
399
-
955
-
total
945
-
2 262
-
Corporate
151 358
156 500
-
-
income
33 299
34 430
-
-
total
33 299
34 430
-
-
Dividends
118 059
122 070
-
-
withholding
23 612
24 414
-
-
total
23 612
24 414
-
-
Income
156 500
156 500
156 500
156 500
Total tax
59 298
58 844
56 591
56 393
After tax
97 202
97 656
99 909
100 107
Living cost
2 756
2 756
2 756
2 756
Free-cash
94 446
94 900
97 153
97 351

Estimated living cost  is ₽2756 per week

₽1638
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽223
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽63
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽832
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽95618
₽90654
₽75945
₽75946
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
156 500
income
-
-
-
34 909
pensions
-
-
-
19 392
unemployment
-
-
-
1 119
health
-
-
-
7 682
total
-
-
-
63 102
Employee

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

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

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

26 319
-
143 149
-
health
1 355
-
3 841
-
income
3 628
-
34 909
-
pensions
3 685
-
10 442
-
unemployment
197
-
559
-
total
8 865
-
49 751
-
Employer

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

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

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

26 319
-
143 149
-
unemployment
197
-
559
-
pensions
3 158
-
8 950
-
health
1 355
-
3 841
-
total
4 710
-
13 350
-
Corporate
125 470
156 500
-
-
income
18 821
23 475
-
-
total
18 821
23 475
-
-
Dividends
106 650
133 025
-
-
withholding
15 997
19 954
-
-
total
15 997
19 954
-
-
Income
156 500
156 500
156 500
156 500
Total tax
48 393
43 429
63 101
63 102
After tax
108 107
113 071
93 399
93 398
Living cost
17 453
17 453
17 453
17 453
Free-cash
90 654
95 618
75 946
75 945

Estimated living cost  is ₽17453 per week

₽11751
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1350
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽505
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3847
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽61810
₽61446
₽57364
₽46105
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
156 500
income
-
-
-
17 546
surtax
-
-
-
-
social contributions

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

-
-
-
54 383
total
-
-
-
71 929
Employee
39 169
-
126 465
-
social contributions
4 309
-
13 911
-
surtax
-
-
-
-
income
7 653
-
39 242
-
total
11 962
-
53 153
-
Employer
39 169
-
126 465
-
social contributions
9 302
-
30 035
-
total
9 302
-
30 035
-
Corporate
108 030
156 500
-
-
surtax
-
-
-
-
income
22 686
32 865
-
-
total
22 686
32 865
-
-
Dividends
85 343
123 635
-
-
withholding
23 897
34 618
-
-
total
23 897
34 618
-
-
Income
156 500
156 500
156 500
156 500
Total tax
67 847
67 483
83 188
71 929
After tax
88 653
89 017
73 312
84 571
Living cost
27 207
27 207
27 207
27 207
Free-cash
61 446
61 810
46 105
57 364

Estimated living cost  is ₽27207 per week

₽19270
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1890
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽483
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5565
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽69107
₽62155
₽52598
₽48364
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
156 500
accident
-
-
-
843
income
-
-
-
40 372
pensions
-
-
-
26 471
other
-
-
-
94
unemployment
-
-
-
655
total
-
-
-
68 435
Employee
48 739
-
126 680
-
other
48
-
94
-
income
10 180
-
36 907
-
pensions
2 290
-
4 397
-
unemployment
755
-
1 450
-
total
13 273
-
42 848
-
Employer
48 739
-
126 680
-
accident
965
-
1 852
-
other
391
-
749
-
unemployment
2 681
-
5 144
-
pensions
11 502
-
22 076
-
total
15 539
-
29 821
-
Corporate
92 222
156 500
-
-
income

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

13 833
23 475
-
-
total
13 833
23 475
-
-
Dividends
78 389
133 025
-
-
withholding
16 233
28 451
-
-
total
16 233
28 451
-
-
Income
156 500
156 500
156 500
156 500
Total tax
58 878
51 926
72 669
68 435
After tax
97 622
104 574
83 831
88 065
Living cost
35 467
35 467
35 467
35 467
Free-cash
62 155
69 107
48 364
52 598

Estimated living cost  is ₽35467 per week

₽25471
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2758
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽500
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6739
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽116436
₽110283
₽106237
₽112143
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
156 500
income
-
-
-
23 475
pensions

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

-
-
-
5 220
unemployment
-
-
-
141
health
-
-
-
4 056
total
-
-
-
32 892
Employee
23 001
-
149 580
-
health
1 058
-
1 622
-
accident

We are using the highest rate at 1.1%.

253
-
388
-
income
2 300
-
14 958
-
pensions

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

2 019
-
3 097
-
total
5 630
-
20 065
-
Employer
23 001
-
149 580
-
accident

We are using the highest rate at 1.1%.

253
-
388
-
unemployment
138
-
212
-
pensions

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

2 535
-
3 887
-
health
1 587
-
2 434
-
total
4 513
-
6 921
-
Corporate
128 986
156 500
-
-
income
12 899
15 650
-
-
total
12 899
15 650
-
-
Dividends
116 087
140 850
-
-
withholding
5 804
7 043
-
-
total
5 804
7 043
-
-
Income
156 500
156 500
156 500
156 500
Total tax
28 846
22 693
26 986
32 892
After tax
127 654
133 807
129 514
123 608
Living cost
17 371
17 371
17 371
17 371
Free-cash
110 283
116 436
112 143
106 237

Estimated living cost  is ₽17371 per week

₽11489
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽994
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽414
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4474
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽41613
₽54817
₽46369
₽62094
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
156 500
trade
-
-
-
15 725
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.

-
-
-
46 018
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.

-
-
-
6 894
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.

-
-
-
2 532
total
-
-
-
71 169
Employee

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

50 213
-
156 500
-
health

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

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

6 894
-
6 894
-
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.

228
-
2 532
-
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.

4 129
-
46 018
-
total
11 251
-
55 444
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
106 287
156 500
-
-
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.

877
1 291
-
-
income
15 943
23 475
-
-
trade
15 252
22 459
-
-
chamber of commerce
308
383
-
-
total
32 380
47 608
-
-
Dividends
73 906
108 892
-
-
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.

996
1 477
-
-
withholding
18 094
26 840
-
-
total
19 090
28 317
-
-
Income
156 500
156 500
156 500
156 500
Total tax
62 721
75 925
55 444
71 169
After tax
93 779
80 575
101 056
85 331
Living cost
38 962
38 962
38 962
38 962
Free-cash
54 817
41 613
62 094
46 369

Estimated living cost  is ₽38962 per week

₽26877
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4192
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽565
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7327
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽52062
₽54293
₽27477
₽27477
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
156 500
income
-
-
-
45 919
social contributions
-
-
-
25 617
total
-
-
-
71 536
Employee
78 941
-
156 500
-
income
14 896
-
45 919
-
social contributions
6 558
-
25 617
-
total
21 454
-
71 536
-
Employer
78 941
-
156 500
-
total
-
-
-
-
Corporate
77 559
156 500
-
-
income
9 694
19 563
-
-
total
9 694
19 563
-
-
Dividends
67 865
136 937
-
-
withholding
13 572
27 388
-
-
total
13 572
27 388
-
-
Income
156 500
156 500
156 500
156 500
Total tax
44 720
46 951
71 536
71 536
After tax
111 780
109 549
84 964
84 964
Living cost
57 487
57 487
57 487
57 487
Free-cash
54 293
52 062
27 477
27 477

Estimated living cost  is ₽57487 per week

₽43735
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4684
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.
₽8518
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽59760
₽63287
₽84398
₽75938
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
156 500
income
-
-
-
28 727
health

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

-
-
-
6 741
total
-
-
-
35 468
Employee
46 295
-
151 858
-
income
5 023
-
34 644
-
social contributions
4 638
-
4 642
-
total
9 661
-
39 286
-
Employer
46 295
-
151 858
-
social contributions
4 638
-
4 642
-
total
4 638
-
4 642
-
Corporate
105 566
156 500
-
-
income
36 948
54 774
-
-
total
36 948
54 774
-
-
Dividends
68 618
101 726
-
-
social contributions
5 332
5 332
-
-
total
5 332
5 332
-
-
Income
156 500
156 500
156 500
156 500
Total tax
56 579
60 106
43 928
35 468
After tax
99 921
96 394
112 572
121 032
Living cost
36 634
36 634
36 634
36 634
Free-cash
63 287
59 760
75 938
84 398

Estimated living cost  is ₽36634 per week

₽24130
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2888
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽561
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9053
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽67188
₽73184
₽67808
₽53522
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
156 500
income
-
-
-
42 403
pensions
-
-
-
8 674
total
-
-
-
51 077
Employee
51 632
-
136 914
-
health
674
-
2 070
-
income
9 403
-
32 880
-
pensions
3 941
-
10 828
-
total
14 018
-
45 778
-
Employer
51 632
-
136 914
-
pensions
5 216
-
16 985
-
health
981
-
2 600
-
total
6 197
-
19 585
-
Corporate
98 670
156 500
-
-
income

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

18 747
29 735
-
-
total
18 747
29 735
-
-
Dividends
79 923
126 765
-
-
withholding
6 739
21 962
-
-
total
6 739
21 962
-
-
Income
156 500
156 500
156 500
156 500
Total tax
45 701
51 697
65 363
51 077
After tax
110 799
104 803
91 137
105 423
Living cost
37 615
37 615
37 615
37 615
Free-cash
73 184
67 188
53 522
67 808

Estimated living cost  is ₽37615 per week

₽25804
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3459
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽471
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7879
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽11224
₽9010
₽83158
₽60398
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
156 500
accident
-
-
-
253
income
-
-
-
42 455
pensions
-
-
-
4 174
other
-
-
-
372
health
-
-
-
2 188
total
-
-
-
49 442
Employee
37 595
-
139 691
-
health
4 304
-
15 995
-
income
5 158
-
31 745
-
pensions
4 233
-
7 654
-
total
13 695
-
55 394
-
Employer
37 595
-
139 691
-
accident
628
-
2 333
-
unemployment
921
-
3 422
-
pensions
6 113
-
11 053
-
total
7 662
-
16 808
-
Corporate
111 244
156 500
-
-
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.

100 119
140 850
-
-
total
100 119
140 850
-
-
Dividends
11 124
15 650
-
-
withholding
2 114
2 974
-
-
total
2 114
2 974
-
-
Income
156 500
156 500
156 500
156 500
Total tax
123 590
143 824
72 202
49 442
After tax
32 910
12 676
84 298
107 058
Living cost
23 900
23 900
23 900
23 900
Free-cash
9 010
-11 224
60 398
83 158

Estimated living cost  is ₽23900 per week

₽17540
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1393
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽481
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4486
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽118064
₽113342
₽74350
₽95198
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
156 500
work injury
-
-
-
783
health insurance
-
-
-
11 581
income
-
-
-
25 481
pensions
-
-
-
28 796
unemployment
-
-
-
1 878
total
-
-
-
68 519
Employee

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

21 810
-
156 500
-
work injury
109
-
403
-
income
2 181
-
25 481
-
pensions
4 013
-
14 848
-
health insurance
1 614
-
5 971
-
unemployment
262
-
968
-
total
8 179
-
47 671
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
134 690
156 500
-
-
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%.

1 347
1 565
-
-
total
1 347
1 565
-
-
Dividends
133 343
154 935
-
-
withholding
20 001
23 240
-
-
total
20 001
23 240
-
-
Income
156 500
156 500
156 500
156 500
Total tax
29 527
24 805
47 671
68 519
After tax
126 973
131 695
108 829
87 981
Living cost
13 631
13 631
13 631
13 631
Free-cash
113 342
118 064
95 198
74 350

Estimated living cost  is ₽13631 per week

₽8445
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽991
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽425
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3771
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽42230
₽37638
₽33984
₽27079
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
156 500
municipal
-
-
-
1 046
regional
-
-
-
3 561
national
-
-
-
37 454
social contributions
-
-
-
40 252
total
-
-
-
82 313
Employee
85 040
-
156 500
-
social contributions
28 675
-
52 771
-
regional
1 284
-
3 145
-
municipal
508
-
933
-
national
14 371
-
32 369
-
total
44 838
-
89 218
-
Employer
85 040
-
156 500
-
total
-
-
-
-
Corporate
71 460
156 500
-
-
nationa
17 150
37 559
-
-
municipal
3 445
7 544
-
-
total
20 595
45 103
-
-
Dividends
50 865
111 397
-
-
withholding
13 226
28 964
-
-
total
13 226
28 964
-
-
Income
156 500
156 500
156 500
156 500
Total tax
78 659
74 067
89 218
82 313
After tax
77 841
82 433
67 282
74 187
Living cost
40 203
40 203
40 203
40 203
Free-cash
37 638
42 230
27 079
33 984

Estimated living cost  is ₽40203 per week

₽28240
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2765
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽607
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8589
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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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