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
₽ 155000
per

Your estimated
City
free-cash

Dresden , Germany
₽47878
₽58959
₽52702
₽69782
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
155 000
trade
-
-
-
17 080
income

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

-
-
-
45 540
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.

-
-
-
6 841
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.

-
-
-
2 505
total
-
-
-
71 966
Employee

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

38 302
-
155 000
-
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.

6 841
-
6 841
-
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
-
2 505
-
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.

1 070
-
45 540
-
total
7 970
-
54 886
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
116 698
155 000
-
-
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.

963
1 279
-
-
income
17 504
23 251
-
-
trade
18 380
24 412
-
-
chamber of commerce
319
374
-
-
total
37 166
49 316
-
-
Dividends
79 531
105 684
-
-
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.

1 072
1 433
-
-
withholding
19 501
26 041
-
-
total
20 573
27 474
-
-
Income
155 000
155 000
155 000
155 000
Total tax
65 709
76 790
54 886
71 966
After tax
89 291
78 210
100 114
83 034
Living cost
30 332
30 332
30 332
30 332
Free-cash
58 959
47 878
69 782
52 702

Estimated living cost  is ₽30332 per week

₽19080
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3537
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽566
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7149
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

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
₽46199
₽45359
₽41291
₽42507
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
155 000
municipal
-
-
-
16 835
pensions
-
-
-
18 600
national
-
-
-
26 087
social contributions
-
-
-
1 666
total
-
-
-
63 188
Employee
78 317
-
133 996
-
municipal
9 673
-
17 435
-
pensions
3 133
-
5 360
-
national
14 990
-
27 017
-
total
27 796
-
49 812
-
Employer
78 317
-
133 996
-
social contributions
842
-
1 440
-
pensions
6 265
-
10 720
-
total
7 107
-
12 160
-
Corporate
64 407
155 000
-
-
income

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

12 881
31 000
-
-
total
12 881
31 000
-
-
Dividends
51 525
124 000
-
-
withholding
11 336
27 280
-
-
total
11 336
27 280
-
-
Income
155 000
155 000
155 000
155 000
Total tax
59 120
58 280
61 972
63 188
After tax
95 880
96 720
93 028
91 812
Living cost
50 521
50 521
50 521
50 521
Free-cash
45 359
46 199
42 507
41 291

Estimated living cost  is ₽50521 per week

₽34339
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4696
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽756
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10730
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽103167
₽94954
₽30589
₽72984
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

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

-
-
-
155 000
microenterprise
-
-
-
-
income
-
-
-
25 685
surtax
-
-
-
39 525
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.

-
-
-
38 368
total
-
-
-
103 578
Employee
29 262
-
112 172
-
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.

3 219
-
12 339
-
surtax
-
-
-
-
income
5 209
-
21 821
-
total
8 428
-
34 160
-
Employer
29 262
-
112 172
-
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.

7 048
-
27 023
-
surtax
-
-
-
-
total
7 048
-
27 023
-
Corporate
118 690
155 000
-
-
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%.

23 737
31 000
-
-
total
23 737
31 000
-
-
Dividends

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

94 953
124 000
-
-
total
-
-
-
-
Income
155 000
155 000
155 000
155 000
Total tax
39 213
31 000
61 183
103 578
After tax
115 787
124 000
93 817
51 422
Living cost
20 833
20 833
20 833
20 833
Free-cash
94 954
103 167
72 984
30 589

Estimated living cost  is ₽20833 per week

₽13291
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1984
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽473
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5085
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽34470
₽28336
₽45111
₽52568
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
155 000
income
-
-
-
43 858
pensions
-
-
-
11 733
health
-
-
-
12 348
total
-
-
-
67 939
Employee
85 516
85 516
136 390
-
health
13 126
11 165
12 348
-
income

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

13 998
13 998
17 791
-
pensions
15 393
11 733
11 733
-
total
42 517
36 896
41 872
-
Employer
85 516
85 516
136 390
-
unemployment
3 079
3 079
3 825
-
pensions
5 952
5 952
7 398
-
health
5 944
5 944
7 387
-
total
14 975
14 975
18 610
-
Corporate
55 558
54 509
-
-
income
11 111
10 902
-
-
total
11 111
10 902
-
-
Dividends
44 447
43 607
-
-
income
9 445
9 266
-
-
withholding
6 666
6 541
-
-
total
16 111
15 807
-
-
Income
155 000
155 000
155 000
155 000
Total tax
84 714
78 580
60 482
67 939
After tax
70 286
76 420
94 518
87 061
Living cost
41 950
41 950
41 950
41 950
Free-cash
28 336
34 470
52 568
45 111

Estimated living cost  is ₽41950 per week

₽29729
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3782
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽667
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7772
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽46083
₽45218
₽41979
₽41045
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
155 000
municipal
-
-
-
38 923
accident
-
-
-
169
pensions
-
-
-
9 132
other
-
-
-
9 817
unemployment
-
-
-
85
health
-
-
-
5 272
national
-
-
-
11 076
total
-
-
-
74 474
Employee
54 926
-
128 456
-
municipal
16 379
-
38 306
-
national
-
-
10 558
-
total
16 379
-
48 864
-
Employer
54 926
-
128 456
-
accident
110
-
169
-
other
6 382
-
9 817
-
unemployment
1 450
-
2 230
-
pensions
5 937
-
9 132
-
health
3 378
-
5 196
-
total
17 257
-
26 544
-
Corporate
82 816
155 000
-
-
income
18 220
34 100
-
-
total
18 220
34 100
-
-
Dividends
64 597
120 900
-
-
withholding
19 379
36 270
-
-
total
19 379
36 270
-
-
Income
155 000
155 000
155 000
155 000
Total tax
71 235
70 370
75 408
74 474
After tax
83 765
84 630
79 592
80 526
Living cost
38 547
38 547
38 547
38 547
Free-cash
45 218
46 083
41 045
41 979

Estimated living cost  is ₽38547 per week

₽25547
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3783
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽585
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8632
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽38075
₽52147
₽42936
₽60775
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
155 000
trade
-
-
-
17 839
income

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

-
-
-
45 540
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.

-
-
-
6 841
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.

-
-
-
2 505
total
-
-
-
72 725
Employee

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

50 783
-
155 000
-
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.

6 841
-
6 841
-
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.

239
-
2 505
-
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.

4 363
-
45 540
-
total
11 443
-
54 886
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
104 217
155 000
-
-
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.

859
1 279
-
-
income
15 632
23 251
-
-
trade
17 143
25 497
-
-
chamber of commerce
300
372
-
-
total
33 934
50 399
-
-
Dividends
70 282
104 601
-
-
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.

946
1 418
-
-
withholding
17 191
25 769
-
-
total
18 137
27 187
-
-
Income
155 000
155 000
155 000
155 000
Total tax
63 514
77 586
54 886
72 725
After tax
91 486
77 414
100 114
82 275
Living cost
39 339
39 339
39 339
39 339
Free-cash
52 147
38 075
60 775
42 936

Estimated living cost  is ₽39339 per week

₽26310
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4148
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽587
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8293
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽80664
₽76510
₽74533
₽73111
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
155 000
income
-
-
-
27 831
health
-
-
-
3 953
social contributions
-
-
-
16 202
total
-
-
-
47 986
Employee
77 003
77 003
143 721
-
social contributions
3 742
6 391
8 620
-
health
766
1 309
2 444
-
income
8 086
7 128
27 065
-
total
12 594
14 828
38 129
-
Employer
77 003
77 003
143 721
-
social contributions
3 742
6 391
8 620
-
health
834
1 425
2 659
-
total
4 576
7 816
11 279
-
Corporate
105 350
70 181
-
-
income
13 169
8 772
-
-
total
13 169
8 772
-
-
Dividends
92 180
61 409
-
-
withholding
15 670
10 439
-
-
total
15 670
10 439
-
-
Income
155 000
155 000
155 000
155 000
Total tax
46 009
41 855
49 408
47 986
After tax
108 991
113 145
105 592
107 014
Living cost
32 481
32 481
32 481
32 481
Free-cash
76 510
80 664
73 111
74 533

Estimated living cost  is ₽32481 per week

₽22204
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2537
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽545
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7195
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽68881
₽69261
₽89141
₽71619
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
155 000
income
-
-
-
18 949
pensions
-
-
-
15 500
unemployment
-
-
-
2 325
health
-
-
-
10 850
total
-
-
-
47 624
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.

26 323
10 476
129 707
-
health
1 843
733
9 079
-
income
3 218
1 281
15 857
-
pensions
2 632
1 048
12 971
-
unemployment
395
157
1 946
-
total
8 088
3 219
39 853
-
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.

26 323
10 476
129 707
-
pensions
5 133
2 043
25 293
-
total
5 133
2 043
25 293
-
Corporate
123 544
142 481
-
-
income
11 119
12 823
-
-
total
11 119
12 823
-
-
Dividends
112 425
129 658
-
-
social contributions
21 803
25 164
-
-
withholding
21 361
24 635
-
-
total
43 164
49 799
-
-
Income
155 000
155 000
155 000
155 000
Total tax
67 504
67 884
65 146
47 624
After tax
87 496
87 116
89 854
107 376
Living cost
18 235
18 235
18 235
18 235
Free-cash
69 261
68 881
71 619
89 141

Estimated living cost  is ₽18235 per week

₽12444
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1492
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽364
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3935
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Budapest model

Close
Tallinn , Estonia
₽99812
₽93593
₽58892
₽65153
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
155 000
income
-
-
-
20 771
pensions
-
-
-
31 000
health
-
-
-
20 149
total
-
-
-
71 920
Employee
28 408
-
115 843
-
income
3 198
-
22 335
-
pensions
568
-
2 317
-
unemployment
454
-
1 853
-
total
4 220
-
26 505
-
Employer
28 408
-
115 843
-
unemployment
228
-
927
-
pensions
5 682
-
23 167
-
health
3 692
-
15 060
-
total
9 602
-
39 154
-
Corporate
116 989
155 000
-
-
income
23 397
31 000
-
-
total
23 397
31 000
-
-
Dividends
93 592
124 000
-
-
total
-
-
-
-
Income
155 000
155 000
155 000
155 000
Total tax
37 219
31 000
65 659
71 920
After tax
117 781
124 000
89 341
83 080
Living cost
24 188
24 188
24 188
24 188
Free-cash
93 593
99 812
65 153
58 892

Estimated living cost  is ₽24188 per week

₽16590
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1440
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.
₽5671
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽9394
₽9190
₽84084
₽61515
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
155 000
accident
-
-
-
252
income
-
-
-
42 018
pensions
-
-
-
4 151
other
-
-
-
370
health
-
-
-
2 176
total
-
-
-
48 967
Employee
34 527
-
138 310
-
health
3 953
-
15 836
-
income
4 737
-
31 398
-
pensions
3 888
-
7 612
-
total
12 578
-
54 846
-
Employer
34 527
-
138 310
-
accident
576
-
2 310
-
unemployment
846
-
3 388
-
pensions
5 614
-
10 992
-
total
7 036
-
16 690
-
Corporate
113 436
155 000
-
-
income

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

102 092
139 500
-
-
total
102 092
139 500
-
-
Dividends
11 344
15 500
-
-
withholding
2 155
2 945
-
-
total
2 155
2 945
-
-
Income
155 000
155 000
155 000
155 000
Total tax
123 861
142 445
71 536
48 967
After tax
31 139
12 555
83 464
106 033
Living cost
21 949
21 949
21 949
21 949
Free-cash
9 190
-9 394
61 515
84 084

Estimated living cost  is ₽21949 per week

₽16087
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1216
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽458
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4189
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽138239
₽136550
₽144439
₽114989
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
155 000
microenterprise

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

-
-
-
1 550
total
-
-
-
1 550
Employee
11 263
-
155 000
-
income
2 252
-
31 000
-
total
2 252
-
31 000
-
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%.

143 737
155 000
-
-
total
-
-
-
-
Dividends
143 737
155 000
-
-
withholding
7 187
7 750
-
-
total
7 187
7 750
-
-
Income
155 000
155 000
155 000
155 000
Total tax
9 439
7 750
31 000
1 550
After tax
145 561
147 250
124 000
153 450
Living cost
9 011
9 011
9 011
9 011
Free-cash
136 550
138 239
114 989
144 439

Estimated living cost  is ₽9011 per week

₽5584
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽749
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽248
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2430
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽87196
₽80431
₽55943
₽61682
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
155 000
income
-
-
-
21 892
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.

-
-
-
36 548
other
-
-
-
7 233
health
-
-
-
6 701
total
-
-
-
72 374
Employee
36 360
-
123 802
-
health
509
-
1 733
-
income
6 260
-
23 804
-
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.

2 545
-
8 666
-
unemployment
363
-
1 237
-
total
9 677
-
35 440
-
Employer
36 360
-
123 802
-
accident
291
-
990
-
other
1 819
-
6 189
-
unemployment
363
-
1 237
-
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.

6 182
-
21 046
-
health
509
-
1 733
-
total
9 164
-
31 195
-
Corporate
109 477
155 000
-
-
income
22 990
32 549
-
-
total
22 990
32 549
-
-
Dividends
86 486
122 451
-
-
withholding
6 055
8 572
-
-
total
6 055
8 572
-
-
Income
155 000
155 000
155 000
155 000
Total tax
47 886
41 121
66 635
72 374
After tax
107 114
113 879
88 365
82 626
Living cost
26 683
26 683
26 683
26 683
Free-cash
80 431
87 196
61 682
55 943

Estimated living cost  is ₽26683 per week

₽18853
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1802
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽429
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5598
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽36502
₽34915
₽37091
₽22937
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
155 000
income
-
-
-
41 914
pensions
-
-
-
8 614
total
-
-
-
50 528
Employee
95 334
-
135 610
-
health
1 571
-
2 053
-
income
17 185
-
32 477
-
pensions
9 197
-
10 762
-
total
27 953
-
45 292
-
Employer
95 334
-
135 610
-
pensions
11 256
-
16 814
-
health
1 811
-
2 576
-
total
13 067
-
19 390
-
Corporate
46 600
155 000
-
-
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.

8 853
29 451
-
-
total
8 853
29 451
-
-
Dividends
37 746
125 549
-
-
withholding
2 831
21 666
-
-
total
2 831
21 666
-
-
Income
155 000
155 000
155 000
155 000
Total tax
52 704
51 117
64 682
50 528
After tax
102 296
103 883
90 318
104 472
Living cost
67 381
67 381
67 381
67 381
Free-cash
34 915
36 502
22 937
37 091

Estimated living cost  is ₽67381 per week

₽50490
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽7917
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽548
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8427
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽119380
₽114723
₽109255
₽115101
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
155 000
income
-
-
-
23 250
pensions

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

-
-
-
5 183
unemployment
-
-
-
140
health
-
-
-
4 027
total
-
-
-
32 600
Employee
17 405
-
148 129
-
health
801
-
1 611
-
accident

We are using the highest rate at 1.1%.

192
-
385
-
income
1 740
-
14 813
-
pensions

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

1 528
-
3 075
-
total
4 261
-
19 884
-
Employer
17 405
-
148 129
-
accident

We are using the highest rate at 1.1%.

192
-
385
-
unemployment
104
-
210
-
pensions

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

1 918
-
3 859
-
health
1 201
-
2 416
-
total
3 415
-
6 870
-
Corporate
134 179
155 000
-
-
income
13 418
15 500
-
-
total
13 418
15 500
-
-
Dividends
120 761
139 500
-
-
withholding
6 038
6 975
-
-
total
6 038
6 975
-
-
Income
155 000
155 000
155 000
155 000
Total tax
27 132
22 475
26 754
32 600
After tax
127 868
132 525
128 246
122 400
Living cost
13 145
13 145
13 145
13 145
Free-cash
114 723
119 380
115 101
109 255

Estimated living cost  is ₽13145 per week

₽7674
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽939
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽348
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4184
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽20891
₽23410
₽31532
₽38989
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
155 000
income
-
-
-
43 858
pensions
-
-
-
11 733
health
-
-
-
12 348
total
-
-
-
67 939
Employee
92 843
85 516
136 390
-
health
11 583
11 165
12 348
-
income

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

13 998
13 998
17 791
-
pensions
11 733
11 733
11 733
-
total
37 314
36 896
41 872
-
Employer
92 843
85 516
136 390
-
unemployment
3 343
3 079
3 825
-
pensions
6 461
5 952
7 398
-
health
6 452
5 944
7 387
-
total
16 256
14 975
18 610
-
Corporate
45 902
54 509
-
-
income
9 181
10 902
-
-
total
9 181
10 902
-
-
Dividends
36 721
43 607
-
-
income
7 803
9 266
-
-
withholding
5 507
6 541
-
-
total
13 310
15 807
-
-
Income
155 000
155 000
155 000
155 000
Total tax
76 061
78 580
60 482
67 939
After tax
78 939
76 420
94 518
87 061
Living cost
55 529
55 529
55 529
55 529
Free-cash
23 410
20 891
38 989
31 532

Estimated living cost  is ₽55529 per week

₽40962
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4960
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽637
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8972
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽82632
₽74039
₽60419
₽54570
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
155 000
income
-
-
-
14 912
health
-
-
-
20 925
solidarity contribution
-
-
-
-
social contributions
-
-
-
34 658
total
-
-
-
70 495
Employee
35 420
-
115 672
-
social contributions
2 302
-
7 519
-
health
4 782
-
15 616
-
solidarity contribution
-
-
-
-
income
4 250
-
13 881
-
total
11 334
-
37 016
-
Employer
35 420
-
115 672
-
social contributions
8 855
-
28 918
-
health
3 188
-
10 410
-
total
12 043
-
39 328
-
Corporate
107 537
155 000
-
-
income
20 432
29 450
-
-
total
20 432
29 450
-
-
Dividends
87 105
125 550
-
-
withholding
13 066
18 832
-
-
total
13 066
18 832
-
-
Income
155 000
155 000
155 000
155 000
Total tax
56 875
48 282
76 344
70 495
After tax
98 125
106 718
78 656
84 505
Living cost
24 086
24 086
24 086
24 086
Free-cash
74 039
82 632
54 570
60 419

Estimated living cost  is ₽24086 per week

₽16730
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1713
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.
₽5168
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽40444
₽35215
₽33072
₽26020
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
155 000
municipal
-
-
-
922
regional
-
-
-
1 808
national
-
-
-
37 076
social contributions
-
-
-
39 866
total
-
-
-
79 672
Employee
88 999
-
155 000
-
social contributions
30 010
-
52 265
-
regional
840
-
1 592
-
municipal
471
-
821
-
national
15 421
-
32 046
-
total
46 742
-
86 724
-
Employer
88 999
-
155 000
-
total
-
-
-
-
Corporate
66 001
155 000
-
-
nationa
15 839
37 199
-
-
municipal
2 575
6 045
-
-
total
18 414
43 244
-
-
Dividends
47 587
111 756
-
-
withholding
12 373
29 056
-
-
total
12 373
29 056
-
-
Income
155 000
155 000
155 000
155 000
Total tax
77 529
72 300
86 724
79 672
After tax
77 471
82 700
68 276
75 328
Living cost
42 256
42 256
42 256
42 256
Free-cash
35 215
40 444
26 020
33 072

Estimated living cost  is ₽42256 per week

₽29455
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2771
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽648
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9380
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽75395
₽72281
₽51459
₽46125
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
155 000
income
-
-
-
39 286
pensions
-
-
-
26 730
other
-
-
-
-
unemployment
-
-
-
228
health
-
-
-
9 488
surtax
-
-
-
5 711
total
-
-
-
81 443
Employee
33 116
-
128 047
-
other
-
-
-
-
health
846
-
3 267
-
surtax
108
-
4 869
-
income
5 551
-
34 235
-
pensions
2 208
-
8 540
-
unemployment
2 305
-
8 913
-
total
11 018
-
59 824
-
Employer
33 116
-
128 047
-
other
-
-
-
-
unemployment
1 049
-
4 059
-
pensions
4 415
-
17 069
-
health
1 507
-
5 825
-
total
6 971
-
26 953
-
Corporate
114 914
155 000
-
-
income
29 877
40 301
-
-
total
29 877
40 301
-
-
Dividends
85 036
114 699
-
-
withholding
12 755
17 206
-
-
total
12 755
17 206
-
-
Income
155 000
155 000
155 000
155 000
Total tax
60 621
57 507
86 777
81 443
After tax
94 379
97 493
68 223
73 557
Living cost
22 098
22 098
22 098
22 098
Free-cash
72 281
75 395
46 125
51 459

Estimated living cost  is ₽22098 per week

₽13512
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2039
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽509
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6037
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽57850
₽62172
₽58439
₽44285
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
155 000
income
-
-
-
41 914
pensions
-
-
-
8 614
total
-
-
-
50 528
Employee
63 890
-
135 610
-
health
927
-
2 053
-
income
11 507
-
32 477
-
pensions
5 423
-
10 762
-
total
17 857
-
45 292
-
Employer
63 890
-
135 610
-
pensions
6 916
-
16 814
-
health
1 214
-
2 576
-
total
8 130
-
19 390
-
Corporate
82 980
155 000
-
-
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.

15 767
29 451
-
-
total
15 767
29 451
-
-
Dividends
67 213
125 549
-
-
withholding
5 041
21 666
-
-
total
5 041
21 666
-
-
Income
155 000
155 000
155 000
155 000
Total tax
46 795
51 117
64 682
50 528
After tax
108 205
103 883
90 318
104 472
Living cost
46 033
46 033
46 033
46 033
Free-cash
62 172
57 850
44 285
58 439

Estimated living cost  is ₽46033 per week

₽34487
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3450
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.
₽7613
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽4764
₽27601
₽50844
₽43314
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
155 000
city
-
-
-
1 634
pensions
-
-
-
14 260
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.

-
-
-
3 101
regional
-
-
-
7 147
health
-
-
-
350
national
-
-
-
2 023
total
-
-
-
28 515
Employee
88 519
-
138 733
-
city
950
-
1 490
-
regional
2 899
-
6 184
-
health
200
-
313
-
pensions
7 437
-
11 653
-
unemployment
-
-
-
-
national
419
-
1 665
-
total
11 905
-
21 305
-
Employer
88 519
-
138 733
-
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.

1 770
-
2 774
-
unemployment
-
-
-
-
pensions
7 437
-
11 653
-
health
200
-
313
-
total
9 407
-
14 740
-
Corporate
56 101
155 000
-
-
regional
11 864
32 782
-
-
national
4 769
13 176
-
-
total
16 633
45 958
-
-
Dividends
39 467
109 043
-
-
withholding
13 813
38 165
-
-
total
13 813
38 165
-
-
Income
155 000
155 000
155 000
155 000
Total tax
51 758
84 123
36 045
28 515
After tax
103 242
70 877
118 955
126 485
Living cost
75 641
75 641
75 641
75 641
Free-cash
27 601
-4 764
43 314
50 844

Estimated living cost  is ₽75641 per week

₽49188
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽6788
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽929
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽18736
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽30741
₽46980
₽35642
₽54239
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
155 000
trade
-
-
-
18 597
income

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

-
-
-
45 540
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.

-
-
-
6 841
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.

-
-
-
2 505
total
-
-
-
73 483
Employee

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

60 183
-
155 000
-
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.

6 841
-
6 841
-
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.

390
-
2 505
-
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.

7 077
-
45 540
-
total
14 308
-
54 886
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
94 817
155 000
-
-
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.

783
1 279
-
-
income
14 222
23 251
-
-
trade
16 261
26 582
-
-
chamber of commerce
285
371
-
-
total
31 551
51 483
-
-
Dividends
63 266
103 518
-
-
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.

849
1 402
-
-
withholding
15 437
25 499
-
-
total
16 286
26 901
-
-
Income
155 000
155 000
155 000
155 000
Total tax
62 145
78 384
54 886
73 483
After tax
92 855
76 616
100 114
81 517
Living cost
45 875
45 875
45 875
45 875
Free-cash
46 980
30 741
54 239
35 642

Estimated living cost  is ₽45875 per week

₽33505
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3670
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽597
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8105
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽43859
₽49776
₽53436
₽53307
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
155 000
income
-
-
-
22 522
pensions
-
-
-
29 676
other
-
-
-
4 804
health
-
-
-
5 885
surtax
-
-
-
-
social contributions
-
-
-
4 416
total
-
-
-
67 303
Employee
42 859
-
121 301
-
social contributions
1 222
-
3 457
-
surtax
-
-
-
-
income
2 529
-
22 397
-
pensions
4 846
-
7 879
-
total
8 597
-
33 733
-
Employer
42 859
-
121 301
-
other
1 478
-
4 495
-
social contributions
129
-
363
-
unemployment
1 735
-
4 912
-
pensions
7 041
-
13 364
-
health
3 001
-
10 565
-
total
13 384
-
33 699
-
Corporate
98 757
155 000
-
-
surtax
-
-
-
-
income
27 652
43 400
-
-
total
27 652
43 400
-
-
Dividends
71 105
111 600
-
-
surtax
-
-
-
-
social contributions
12 229
19 195
-
-
withholding
9 101
14 285
-
-
total
21 330
33 480
-
-
Income
155 000
155 000
155 000
155 000
Total tax
70 963
76 880
67 432
67 303
After tax
84 037
78 120
87 568
87 697
Living cost
34 261
34 261
34 261
34 261
Free-cash
49 776
43 859
53 307
53 436

Estimated living cost  is ₽34261 per week

₽21603
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2786
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽583
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9291
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽47253
₽52814
₽56830
₽56701
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
155 000
income
-
-
-
22 522
pensions
-
-
-
29 676
other
-
-
-
4 804
health
-
-
-
5 885
surtax
-
-
-
-
social contributions
-
-
-
4 416
total
-
-
-
67 303
Employee
38 257
-
121 301
-
social contributions
1 091
-
3 457
-
surtax
-
-
-
-
income
1 973
-
22 397
-
pensions
4 327
-
7 879
-
total
7 391
-
33 733
-
Employer
38 257
-
121 301
-
other
1 321
-
4 495
-
social contributions
114
-
363
-
unemployment
1 549
-
4 912
-
pensions
6 286
-
13 364
-
health
2 678
-
10 565
-
total
11 948
-
33 699
-
Corporate
104 795
155 000
-
-
surtax
-
-
-
-
income
29 343
43 400
-
-
total
29 343
43 400
-
-
Dividends
75 452
111 600
-
-
surtax
-
-
-
-
social contributions
12 979
19 195
-
-
withholding
9 658
14 285
-
-
total
22 637
33 480
-
-
Income
155 000
155 000
155 000
155 000
Total tax
71 319
76 880
67 432
67 303
After tax
83 681
78 120
87 568
87 697
Living cost
30 867
30 867
30 867
30 867
Free-cash
52 814
47 253
56 701
56 830

Estimated living cost  is ₽30867 per week

₽17901
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3136
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽585
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9245
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽73329
₽73847
₽78306
₽75739
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
155 000
income
-
-
-
23 251
health
-
-
-
10 819
social contributions
-
-
-
21 390
total
-
-
-
55 460
Employee
33 954
-
155 000
-
social contributions
4 686
-
21 390
-
health
2 370
-
10 819
-
income
5 663
-
25 818
-
total
12 719
-
58 027
-
Employer
33 954
-
155 000
-
total
-
-
-
-
Corporate
121 046
155 000
-
-
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%.

6 053
7 750
-
-
total
6 053
7 750
-
-
Dividends
114 994
147 250
-
-
health
8 027
10 279
-
-
social contributions
15 870
20 320
-
-
withholding
17 250
22 088
-
-
total
41 147
52 687
-
-
Income
155 000
155 000
155 000
155 000
Total tax
59 919
60 437
58 027
55 460
After tax
95 081
94 563
96 973
99 540
Living cost
21 234
21 234
21 234
21 234
Free-cash
73 847
73 329
75 739
78 306

Estimated living cost  is ₽21234 per week

₽14211
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1309
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽488
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5224
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽50679
₽49132
₽44208
₽5227
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
155 000
chamber of commerce
-
-
-
620
income
-
-
-
37 954
pensions
-
-
-
21 643
unemployment
-
-
-
6 142
health
-
-
-
8 949
surtax
-
-
-
198
total
-
-
-
75 506
Employee
50 046
39 907
120 853
-
other
500
399
1 171
-
health
1 936
1 545
4 527
-
income
5 697
2 944
29 887
-
pensions
5 125
4 086
11 980
-
unemployment
1 501
1 197
3 510
-
total
14 759
10 171
51 075
-
Employer
50 046
39 907
120 853
-
accident
650
519
1 520
-
other
2 377
1 895
5 707
-
chamber of commerce
200
160
483
-
unemployment
1 501
1 197
3 510
-
surtax
198
198
198
-
pensions
6 281
5 009
14 682
-
payroll
1 501
1 197
3 626
-
health
1 891
1 509
4 422
-
total
14 599
11 684
34 148
-
Corporate
90 356
103 409
117 052
-
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.

22 589
25 852
29 264
-
total
22 589
25 852
29 264
-
Dividends
67 766
77 557
-
-
withholding
18 635
21 328
-
-
total
18 635
21 328
-
-
Income
155 000
155 000
155 000
155 000
Total tax
70 582
69 035
114 487
75 506
After tax
84 418
85 965
40 513
79 494
Living cost
35 286
35 286
35 286
35 286
Free-cash
49 132
50 679
5 227
44 208

Estimated living cost  is ₽35286 per week

₽23534
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3010
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.
₽8162
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽50219
₽35199
₽30909
₽19251
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
155 000
national
-
-
-
55 582
communal

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

-
-
-
7 850
social contributions
-
-
-
24 146
total
-
-
-
87 578
Employee

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

71 631
-
120 051
-
communal

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

3 736
-
6 262
-
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.

3 366
-
5 642
-
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.

5 372
-
9 004
-
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.

623
-
1 045
-
national
22 022
-
42 334
-
total
35 119
-
64 287
-
Employer

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

71 631
-
120 051
-
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.

931
-
1 562
-
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.

1 045
-
1 752
-
surtax
8 122
-
13 614
-
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.

6 347
-
10 636
-
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.

4 405
-
7 385
-
total
20 850
-
34 949
-
Corporate
62 518
155 000
-
-
surtax
251
620
-
-
income
12 504
31 000
-
-
total
12 755
31 620
-
-
Dividends
49 763
123 380
-
-
withholding

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

14 564
36 648
-
-
total
14 564
36 648
-
-
Income
155 000
155 000
155 000
155 000
Total tax
83 288
68 268
99 236
87 578
After tax
71 712
86 732
55 764
67 422
Living cost
36 513
36 513
36 513
36 513
Free-cash
35 199
50 219
19 251
30 909

Estimated living cost  is ₽36513 per week

₽23519
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3193
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽572
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9230
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽67409
₽60169
₽51060
₽46858
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
155 000
accident
-
-
-
836
income
-
-
-
39 929
pensions
-
-
-
26 267
other
-
-
-
93
unemployment
-
-
-
650
total
-
-
-
67 775
Employee
49 847
-
125 410
-
other
49
-
93
-
income
10 518
-
36 492
-
pensions
2 343
-
4 363
-
unemployment
773
-
1 439
-
total
13 683
-
42 387
-
Employer
49 847
-
125 410
-
accident
986
-
1 838
-
other
397
-
743
-
unemployment
2 742
-
5 104
-
pensions
11 763
-
21 905
-
total
15 888
-
29 590
-
Corporate
89 264
155 000
-
-
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.

13 390
23 251
-
-
total
13 390
23 251
-
-
Dividends
75 874
131 749
-
-
withholding
15 705
28 175
-
-
total
15 705
28 175
-
-
Income
155 000
155 000
155 000
155 000
Total tax
58 666
51 426
71 977
67 775
After tax
96 334
103 574
83 023
87 225
Living cost
36 165
36 165
36 165
36 165
Free-cash
60 169
67 409
46 858
51 060

Estimated living cost  is ₽36165 per week

₽26632
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2565
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽521
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6446
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽37479
₽25749
₽24609
₽30786
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
155 000
accident
-
-
-
1 307
income
-
-
-
23 060
pensions
-
-
-
23 232
health
-
-
-
10 891
surtax
-
-
-
7 685
communal
-
-
-
9 796
total
-
-
-
75 971
Employee
75 836
-
138 454
-
health
3 375
-
6 161
-
surtax
4 648
-
8 485
-
income
7 325
-
27 524
-
pensions
6 066
-
11 077
-
total
21 414
-
53 247
-
Employer
75 836
-
138 454
-
accident
682
-
1 247
-
pensions
6 066
-
11 077
-
health
2 313
-
4 223
-
total
9 061
-
16 547
-
Corporate
70 104
155 000
-
-
surtax
735
1 627
-
-
communal
4 732
10 463
-
-
income
10 515
23 251
-
-
total
15 982
35 341
-
-
Dividends
54 122
119 659
-
-
income
20 256
9 811
-
-
withholding
8 118
17 949
-
-
total
28 374
27 760
-
-
Income
155 000
155 000
155 000
155 000
Total tax
74 831
63 101
69 794
75 971
After tax
80 169
91 899
85 206
79 029
Living cost
54 420
54 420
54 420
54 420
Free-cash
25 749
37 479
30 786
24 609

Estimated living cost  is ₽54420 per week

₽40823
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3297
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.
₽9722
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽75000
₽71817
₽51064
₽45730
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
155 000
income
-
-
-
39 286
pensions
-
-
-
26 730
other
-
-
-
-
unemployment
-
-
-
228
health
-
-
-
9 488
surtax
-
-
-
5 711
total
-
-
-
81 443
Employee
33 724
-
128 047
-
other
-
-
-
-
health
861
-
3 267
-
surtax
120
-
4 869
-
income
5 654
-
34 235
-
pensions
2 250
-
8 540
-
unemployment
2 347
-
8 913
-
total
11 232
-
59 824
-
Employer
33 724
-
128 047
-
other
-
-
-
-
unemployment
1 070
-
4 059
-
pensions
4 496
-
17 069
-
health
1 534
-
5 825
-
total
7 100
-
26 953
-
Corporate
114 177
155 000
-
-
income
29 685
40 301
-
-
total
29 685
40 301
-
-
Dividends
84 491
114 699
-
-
withholding
12 673
17 206
-
-
total
12 673
17 206
-
-
Income
155 000
155 000
155 000
155 000
Total tax
60 690
57 507
86 777
81 443
After tax
94 310
97 493
68 223
73 557
Living cost
22 493
22 493
22 493
22 493
Free-cash
71 817
75 000
45 730
51 064

Estimated living cost  is ₽22493 per week

₽13580
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1955
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽523
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6436
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽54496
₽52270
₽47824
₽40807
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
155 000
municipal
-
-
-
922
regional
-
-
-
2 336
national
-
-
-
37 076
social contributions
-
-
-
39 866
total
-
-
-
80 200
Employee
55 549
-
155 000
-
social contributions
18 732
-
52 265
-
regional
748
-
2 085
-
municipal
295
-
821
-
national
8 801
-
32 046
-
total
28 576
-
87 217
-
Employer
55 549
-
155 000
-
total
-
-
-
-
Corporate
99 451
155 000
-
-
nationa
23 868
37 199
-
-
municipal
4 943
7 704
-
-
total
28 811
44 903
-
-
Dividends
70 639
110 097
-
-
withholding
18 367
28 625
-
-
total
18 367
28 625
-
-
Income
155 000
155 000
155 000
155 000
Total tax
75 754
73 528
87 217
80 200
After tax
79 246
81 472
67 783
74 800
Living cost
26 976
26 976
26 976
26 976
Free-cash
52 270
54 496
40 807
47 824

Estimated living cost  is ₽26976 per week

₽16776
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2733
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽462
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7005
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽77038
₽66449
₽54825
₽48976
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
155 000
income
-
-
-
14 912
health
-
-
-
20 925
solidarity contribution
-
-
-
-
social contributions
-
-
-
34 658
total
-
-
-
70 495
Employee
43 647
-
115 672
-
social contributions
2 837
-
7 519
-
health
5 892
-
15 616
-
solidarity contribution
-
-
-
-
income
5 238
-
13 881
-
total
13 967
-
37 016
-
Employer
43 647
-
115 672
-
social contributions
10 912
-
28 918
-
health
3 928
-
10 410
-
total
14 840
-
39 328
-
Corporate
96 513
155 000
-
-
income
18 338
29 450
-
-
total
18 338
29 450
-
-
Dividends
78 176
125 550
-
-
withholding
11 726
18 832
-
-
total
11 726
18 832
-
-
Income
155 000
155 000
155 000
155 000
Total tax
58 871
48 282
76 344
70 495
After tax
96 129
106 718
78 656
84 505
Living cost
29 680
29 680
29 680
29 680
Free-cash
66 449
77 038
48 976
54 825

Estimated living cost  is ₽29680 per week

₽22072
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1644
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.
₽5450
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽54124
₽53631
₽47744
₽8625
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
155 000
chamber of commerce
-
-
-
620
income
-
-
-
37 954
pensions
-
-
-
21 643
unemployment
-
-
-
6 142
health
-
-
-
8 949
surtax
-
-
-
-
total
-
-
-
75 308
Employee
43 774
39 907
121 035
-
other
437
399
1 171
-
health
1 693
1 545
4 527
-
income
3 900
2 944
29 965
-
pensions
4 483
4 086
11 980
-
unemployment
1 313
1 197
3 510
-
total
11 826
10 171
51 153
-
Employer
43 774
39 907
121 035
-
accident
568
519
1 520
-
other
2 079
1 895
5 714
-
chamber of commerce
175
160
485
-
unemployment
1 313
1 197
3 510
-
surtax
-
-
-
-
pensions
5 494
5 009
14 682
-
payroll
1 313
1 197
3 632
-
health
1 655
1 509
4 422
-
total
12 597
11 486
33 965
-
Corporate
98 628
103 607
117 234
-
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.

24 657
25 902
29 309
-
total
24 657
25 902
29 309
-
Dividends
73 971
77 705
-
-
withholding
20 341
21 369
-
-
total
20 341
21 369
-
-
Income
155 000
155 000
155 000
155 000
Total tax
69 421
68 928
114 427
75 308
After tax
85 579
86 072
40 573
79 692
Living cost
31 948
31 948
31 948
31 948
Free-cash
53 631
54 124
8 625
47 744

Estimated living cost  is ₽31948 per week

₽19165
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3263
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽570
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8951
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽133208
₽130575
₽139408
₽109958
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
155 000
microenterprise

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

-
-
-
1 550
total
-
-
-
1 550
Employee
17 553
-
155 000
-
income
3 511
-
31 000
-
total
3 511
-
31 000
-
Employer
-
-
-
-
total
-
-
-
-
Corporate

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

137 447
155 000
-
-
total
-
-
-
-
Dividends
137 447
155 000
-
-
withholding
6 872
7 750
-
-
total
6 872
7 750
-
-
Income
155 000
155 000
155 000
155 000
Total tax
10 383
7 750
31 000
1 550
After tax
144 617
147 250
124 000
153 450
Living cost
14 042
14 042
14 042
14 042
Free-cash
130 575
133 208
109 958
139 408

Estimated living cost  is ₽14042 per week

₽9502
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽589
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.
₽3479
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽79858
₽71481
₽49928
₽45820
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

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

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

-
-
-
155 000
income
-
-
-
34 420
pensions
-
-
-
28 308
unemployment
-
-
-
232
health
-
-
-
15 252
total
-
-
-
78 212
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.

44 282
-
134 117
-
health
2 860
-
8 666
-
income
7 636
-
31 794
-
pensions
6 864
-
20 788
-
unemployment
63
-
188
-
total
17 423
-
61 436
-
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.

44 282
-
134 117
-
unemployment
27
-
80
-
pensions
3 919
-
11 870
-
health
2 949
-
8 934
-
total
6 895
-
20 884
-
Corporate
103 823
155 000
-
-
income
19 726
29 450
-
-
total
19 726
29 450
-
-
Dividends
84 098
125 550
-
-
withholding
12 615
18 832
-
-
total
12 615
18 832
-
-
Income
155 000
155 000
155 000
155 000
Total tax
56 659
48 282
82 320
78 212
After tax
98 341
106 718
72 680
76 788
Living cost
26 860
26 860
26 860
26 860
Free-cash
71 481
79 858
45 820
49 928

Estimated living cost  is ₽26860 per week

₽18433
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1722
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽521
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6186
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽51186
₽3654
₽64001
₽98739
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
155 000
income
-
-
-
30 213
social contributions
-
-
-
17 670
total
-
-
-
47 883
Employee
61 823
-
-
-
social contributions
5 070
-
722
-
income
13 637
-
-
-
total
18 707
-
722
-
Employer
61 823
-
-
-
social contributions
87 170
-
12 423
-
total
87 170
-
12 423
-
Corporate
6 007
155 000
-
-
income
1 322
34 100
-
-
total
1 322
34 100
-
-
Dividends
4 685
120 900
-
-
income
1 031
26 598
-
-
total
1 031
26 598
-
-
Income
155 000
155 000
155 000
155 000
Total tax
108 230
60 698
13 145
47 883
After tax
46 770
94 302
141 855
107 117
Living cost
43 116
43 116
43 116
43 116
Free-cash
3 654
51 186
98 739
64 001

Estimated living cost  is ₽43116 per week

₽27976
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4055
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽549
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10536
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽56754
₽55745
₽52360
₽41219
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
155 000
income
-
-
-
17 367
surtax
-
-
-
-
social contributions

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

-
-
-
53 862
total
-
-
-
71 229
Employee
46 057
-
125 252
-
social contributions
5 066
-
13 778
-
surtax
-
-
-
-
income
9 580
-
38 844
-
total
14 646
-
52 622
-
Employer
46 057
-
125 252
-
social contributions
10 938
-
29 748
-
total
10 938
-
29 748
-
Corporate
98 005
155 000
-
-
surtax
-
-
-
-
income
20 581
32 549
-
-
total
20 581
32 549
-
-
Dividends
77 424
122 451
-
-
withholding
21 679
34 286
-
-
total
21 679
34 286
-
-
Income
155 000
155 000
155 000
155 000
Total tax
67 844
66 835
82 370
71 229
After tax
87 156
88 165
72 630
83 771
Living cost
31 411
31 411
31 411
31 411
Free-cash
55 745
56 754
41 219
52 360

Estimated living cost  is ₽31411 per week

₽23502
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1853
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽524
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5532
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽29753
₽36636
₽39331
₽39202
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
155 000
income
-
-
-
22 522
pensions
-
-
-
29 676
other
-
-
-
4 804
health
-
-
-
5 885
surtax
-
-
-
-
social contributions
-
-
-
4 416
total
-
-
-
67 303
Employee
62 720
-
121 301
-
social contributions
1 786
-
3 457
-
surtax
-
-
-
-
income
5 472
-
22 397
-
pensions
7 094
-
7 879
-
total
14 352
-
33 733
-
Employer
62 720
-
121 301
-
other
2 165
-
4 495
-
social contributions
188
-
363
-
unemployment
2 541
-
4 912
-
pensions
10 306
-
13 364
-
health
4 390
-
10 565
-
total
19 590
-
33 699
-
Corporate
72 691
155 000
-
-
surtax
-
-
-
-
income
20 353
43 400
-
-
total
20 353
43 400
-
-
Dividends
52 339
111 600
-
-
surtax
-
-
-
-
social contributions
9 004
19 195
-
-
withholding
6 699
14 285
-
-
total
15 703
33 480
-
-
Income
155 000
155 000
155 000
155 000
Total tax
69 998
76 880
67 432
67 303
After tax
85 002
78 120
87 568
87 697
Living cost
48 366
48 366
48 366
48 366
Free-cash
36 636
29 753
39 202
39 331

Estimated living cost  is ₽48366 per week

₽32734
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3957
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽663
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽11013
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽109399
₽106034
₽84789
₽88905
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
155 000
income
-
-
-
6 009
social contributions
-
-
-
34 100
total
-
-
-
40 109
Employee
32 194
-
134 199
-
income
-
-
6 467
-
social contributions
2 092
-
8 725
-
total
2 092
-
15 192
-
Employer
32 194
-
134 199
-
social contributions
4 990
-
20 801
-
total
4 990
-
20 801
-
Corporate
117 816
155 000
-
-
income
11 782
15 499
-
-
total
11 782
15 499
-
-
Dividends
106 033
139 501
-
-
total
-
-
-
-
Income
155 000
155 000
155 000
155 000
Total tax
18 864
15 499
35 993
40 109
After tax
136 136
139 501
119 007
114 891
Living cost
30 102
30 102
30 102
30 102
Free-cash
106 034
109 399
88 905
84 789

Estimated living cost  is ₽30102 per week

₽19463
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2269
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽566
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7803
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽63290
-₽63290
₽44406
-₽63290
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
155 000
municipal
-
-
-
31 649
pensions
-
-
-
868
national
-
-
-
17 495
labour market
-
-
-
12 331
total
-
-
-
62 343
Employee
203 657
203 657
203 657
-
labour market
16 269
16 269
16 269
-
national
24 880
24 880
24 880
-
municipal
43 368
43 368
43 368
-
pensions
289
289
289
-
total
84 806
84 806
84 806
-
Employer
203 657
203 657
203 657
-
labour market
16 293
16 293
16 293
-
municipal
43 437
43 437
43 437
-
pensions
579
579
579
-
national
24 924
24 924
24 924
-
total
85 233
85 233
85 233
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
155 000
155 000
155 000
155 000
Total tax
170 039
170 039
170 039
62 343
After tax
-15 039
-15 039
-15 039
92 657
Living cost
48 251
48 251
48 251
48 251
Free-cash
-63 290
-63 290
-63 290
44 406

Estimated living cost  is ₽48251 per week

₽33024
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4268
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽742
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10217
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽9238
₽84408
₽61839
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
155 000
accident
-
-
-
252
income
-
-
-
42 018
pensions
-
-
-
4 151
other
-
-
-
370
health
-
-
-
2 176
total
-
-
-
48 967
Employee
34 018
-
138 310
-
health
3 895
-
15 836
-
income
4 667
-
31 398
-
pensions
3 831
-
7 612
-
total
12 393
-
54 846
-
Employer
34 018
-
138 310
-
accident
568
-
2 310
-
unemployment
834
-
3 388
-
pensions
5 531
-
10 992
-
total
6 933
-
16 690
-
Corporate
114 049
155 000
-
-
income

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

102 644
139 500
-
-
total
102 644
139 500
-
-
Dividends
11 405
15 500
-
-
withholding
2 167
2 945
-
-
total
2 167
2 945
-
-
Income
155 000
155 000
155 000
155 000
Total tax
124 137
142 445
71 536
48 967
After tax
30 863
12 555
83 464
106 033
Living cost
21 625
21 625
21 625
21 625
Free-cash
9 238
-9 070
61 839
84 408

Estimated living cost  is ₽21625 per week

₽15741
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1233
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽406
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4246
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽60007
₽62010
₽64634
₽44224
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
155 000
municipal
-
-
-
27 546
health
-
-
-
1 969
national
-
-
-
22 404
total
-
-
-
51 919
Employee
52 686
-
130 394
-
health
393
-
1 591
-
municipal
8 630
-
21 248
-
pensions
3 556
-
8 802
-
unemployment
791
-
1 955
-
national
870
-
14 127
-
total
14 240
-
47 723
-
Employer
52 686
-
130 394
-
accident
53
-
131
-
unemployment
342
-
848
-
pensions
9 141
-
22 624
-
health
405
-
1 003
-
total
9 941
-
24 606
-
Corporate
92 373
155 000
-
-
income
18 475
31 000
-
-
total
18 475
31 000
-
-
Dividends

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

55 424
93 000
-
-
national
1 910
8 806
-
-
municipal
9 977
16 740
-
-
total
11 887
25 546
-
-
Income
155 000
155 000
155 000
155 000
Total tax
54 543
56 546
72 329
51 919
After tax
100 457
98 454
82 671
103 081
Living cost
38 447
38 447
38 447
38 447
Free-cash
62 010
60 007
44 224
64 634

Estimated living cost  is ₽38447 per week

₽25113
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.
₽612
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9025
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽89960
₽84511
₽83829
₽82407
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
155 000
income
-
-
-
27 831
health
-
-
-
3 953
social contributions
-
-
-
16 202
total
-
-
-
47 986
Employee
77 003
77 003
143 721
-
social contributions
2 911
6 391
8 620
-
health
597
1 309
2 444
-
income
8 384
7 128
27 065
-
total
11 892
14 828
38 129
-
Employer
77 003
77 003
143 721
-
social contributions
2 911
6 391
8 620
-
health
648
1 425
2 659
-
total
3 559
7 816
11 279
-
Corporate
116 363
70 181
-
-
income
14 545
8 772
-
-
total
14 545
8 772
-
-
Dividends
101 818
61 409
-
-
withholding
17 308
10 439
-
-
total
17 308
10 439
-
-
Income
155 000
155 000
155 000
155 000
Total tax
47 304
41 855
49 408
47 986
After tax
107 696
113 145
105 592
107 014
Living cost
23 185
23 185
23 185
23 185
Free-cash
84 511
89 960
82 407
83 829

Estimated living cost  is ₽23185 per week

₽13895
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2275
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.
₽6503
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽112457
₽107363
₽113484
₽93398
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

  • up to €9,000.00, 60% of the average monthly wage in Montenegro
  • up to €15,000.00, 100% of the average monthly wage in Montenegro
  • in excess of €15,000, 150% of the average monthly wage in Montenegro
-
-
-
155 000
income
-
-
-
15 594
pensions
-
-
-
6 370
unemployment
-
-
-
29
health
-
-
-
3 624
total
-
-
-
25 617
Employee

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

22 986
-
145 213
-
health
1 954
-
8 077
-
income
1 572
-
13 111
-
pensions
3 447
-
14 253
-
unemployment
114
-
475
-
total
7 087
-
35 916
-
Employer

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

22 986
-
145 213
-
unemployment
114
-
475
-
pensions
1 264
-
5 226
-
health
988
-
4 086
-
total
2 366
-
9 787
-
Corporate
129 648
155 000
-
-
income
11 668
13 950
-
-
total
11 668
13 950
-
-
Dividends
117 980
141 050
-
-
withholding
10 617
12 694
-
-
total
10 617
12 694
-
-
Income
155 000
155 000
155 000
155 000
Total tax
31 738
26 644
45 703
25 617
After tax
123 262
128 356
109 297
129 383
Living cost
15 899
15 899
15 899
15 899
Free-cash
107 363
112 457
93 398
113 484

Estimated living cost  is ₽15899 per week

₽10144
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1146
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽473
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4135
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽76037
₽71521
₽59688
₽55486
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
155 000
accident
-
-
-
836
income
-
-
-
39 929
pensions
-
-
-
26 267
other
-
-
-
93
unemployment
-
-
-
650
total
-
-
-
67 775
Employee
37 028
-
125 410
-
other
36
-
93
-
income
7 139
-
36 492
-
pensions
1 741
-
4 363
-
unemployment
574
-
1 439
-
total
9 490
-
42 387
-
Employer
37 028
-
125 410
-
accident
734
-
1 838
-
other
296
-
743
-
unemployment
2 037
-
5 104
-
pensions
8 738
-
21 905
-
total
11 805
-
29 590
-
Corporate
106 167
155 000
-
-
income

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

15 925
23 251
-
-
total
15 925
23 251
-
-
Dividends
90 242
131 749
-
-
withholding
18 722
28 175
-
-
total
18 722
28 175
-
-
Income
155 000
155 000
155 000
155 000
Total tax
55 942
51 426
71 977
67 775
After tax
99 058
103 574
83 023
87 225
Living cost
27 537
27 537
27 537
27 537
Free-cash
71 521
76 037
55 486
59 688

Estimated living cost  is ₽27537 per week

₽18587
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2647
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.
₽5821
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽93981
₽93531
₽96402
₽96207
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
155 000
income
-
-
-
52 412
pensions
-
-
-
1 998
health
-
-
-
1 449
total
-
-
-
55 859
Employee
4 172
-
152 752
-
health
209
-
500
-
income
807
-
52 307
-
pensions
375
-
899
-
unemployment
42
-
100
-
total
1 433
-
53 806
-
Employer
4 172
-
152 752
-
unemployment
83
-
200
-
pensions
459
-
1 099
-
health
396
-
949
-
total
938
-
2 248
-
Corporate
149 889
155 000
-
-
income
32 976
34 100
-
-
total
32 976
34 100
-
-
Dividends
116 913
120 900
-
-
withholding
23 383
24 180
-
-
total
23 383
24 180
-
-
Income
155 000
155 000
155 000
155 000
Total tax
58 730
58 280
56 054
55 859
After tax
96 270
96 720
98 946
99 141
Living cost
2 739
2 739
2 739
2 739
Free-cash
93 531
93 981
96 207
96 402

Estimated living cost  is ₽2739 per week

₽1628
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽222
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.
₽827
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽94669
₽89741
₽75138
₽75137
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

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

-
-
-
155 000
income
-
-
-
34 567
pensions
-
-
-
19 243
unemployment
-
-
-
1 110
health
-
-
-
7 623
total
-
-
-
62 543
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.

26 117
-
141 752
-
health
1 345
-
3 812
-
income
3 600
-
34 567
-
pensions
3 656
-
10 362
-
unemployment
196
-
555
-
total
8 797
-
49 296
-
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.

26 117
-
141 752
-
unemployment
196
-
555
-
pensions
3 134
-
8 881
-
health
1 345
-
3 812
-
total
4 675
-
13 248
-
Corporate
124 209
155 000
-
-
income
18 631
23 250
-
-
total
18 631
23 250
-
-
Dividends
105 577
131 750
-
-
withholding
15 837
19 762
-
-
total
15 837
19 762
-
-
Income
155 000
155 000
155 000
155 000
Total tax
47 940
43 012
62 544
62 543
After tax
107 060
111 988
92 456
92 457
Living cost
17 319
17 319
17 319
17 319
Free-cash
89 741
94 669
75 137
75 138

Estimated living cost  is ₽17319 per week

₽11661
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1340
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽501
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3817
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽61168
₽60806
₽56774
₽45633
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
155 000
income
-
-
-
17 367
surtax
-
-
-
-
social contributions

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

-
-
-
53 862
total
-
-
-
71 229
Employee
38 867
-
125 252
-
social contributions
4 276
-
13 778
-
surtax
-
-
-
-
income
7 594
-
38 844
-
total
11 870
-
52 622
-
Employer
38 867
-
125 252
-
social contributions
9 230
-
29 748
-
total
9 230
-
29 748
-
Corporate
106 903
155 000
-
-
surtax
-
-
-
-
income
22 449
32 549
-
-
total
22 449
32 549
-
-
Dividends
84 454
122 451
-
-
withholding
23 648
34 286
-
-
total
23 648
34 286
-
-
Income
155 000
155 000
155 000
155 000
Total tax
67 197
66 835
82 370
71 229
After tax
87 803
88 165
72 630
83 771
Living cost
26 997
26 997
26 997
26 997
Free-cash
60 806
61 168
45 633
56 774

Estimated living cost  is ₽26997 per week

₽19121
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1876
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽479
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5522
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽68380
₽61478
₽52031
₽47829
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
155 000
accident
-
-
-
836
income
-
-
-
39 929
pensions
-
-
-
26 267
other
-
-
-
93
unemployment
-
-
-
650
total
-
-
-
67 775
Employee
48 363
-
125 410
-
other
48
-
93
-
income
10 101
-
36 492
-
pensions
2 273
-
4 363
-
unemployment
749
-
1 439
-
total
13 171
-
42 387
-
Employer
48 363
-
125 410
-
accident
958
-
1 838
-
other
388
-
743
-
unemployment
2 660
-
5 104
-
pensions
11 414
-
21 905
-
total
15 420
-
29 590
-
Corporate
91 217
155 000
-
-
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.

13 683
23 251
-
-
total
13 683
23 251
-
-
Dividends
77 535
131 749
-
-
withholding
16 054
28 175
-
-
total
16 054
28 175
-
-
Income
155 000
155 000
155 000
155 000
Total tax
58 328
51 426
71 977
67 775
After tax
96 672
103 574
83 023
87 225
Living cost
35 194
35 194
35 194
35 194
Free-cash
61 478
68 380
47 829
52 031

Estimated living cost  is ₽35194 per week

₽25275
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2737
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽496
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6687
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽115279
₽109168
₽105154
₽111000
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
155 000
income
-
-
-
23 250
pensions

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

-
-
-
5 183
unemployment
-
-
-
140
health
-
-
-
4 027
total
-
-
-
32 600
Employee
22 837
-
148 129
-
health
1 051
-
1 611
-
accident

We are using the highest rate at 1.1%.

251
-
385
-
income
2 284
-
14 813
-
pensions

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

2 005
-
3 075
-
total
5 591
-
19 884
-
Employer
22 837
-
148 129
-
accident

We are using the highest rate at 1.1%.

251
-
385
-
unemployment
137
-
210
-
pensions

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

2 517
-
3 859
-
health
1 576
-
2 416
-
total
4 481
-
6 870
-
Corporate
127 683
155 000
-
-
income
12 768
15 500
-
-
total
12 768
15 500
-
-
Dividends
114 914
139 500
-
-
withholding
5 746
6 975
-
-
total
5 746
6 975
-
-
Income
155 000
155 000
155 000
155 000
Total tax
28 586
22 475
26 754
32 600
After tax
126 414
132 525
128 246
122 400
Living cost
17 246
17 246
17 246
17 246
Free-cash
109 168
115 279
111 000
105 154

Estimated living cost  is ₽17246 per week

₽11407
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽987
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽411
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4442
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽41144
₽54245
₽45890
₽61453
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
155 000
trade
-
-
-
15 562
income

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

-
-
-
45 540
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.

-
-
-
6 841
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.

-
-
-
2 505
total
-
-
-
70 448
Employee

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

49 826
-
155 000
-
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.

6 841
-
6 841
-
surtax

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

226
-
2 505
-
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.

4 097
-
45 540
-
total
11 164
-
54 886
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
105 174
155 000
-
-
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.

868
1 279
-
-
income
15 777
23 251
-
-
trade
15 093
22 242
-
-
chamber of commerce
306
380
-
-
total
32 044
47 152
-
-
Dividends
73 130
107 848
-
-
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.

984
1 461
-
-
withholding
17 901
26 582
-
-
total
18 885
28 043
-
-
Income
155 000
155 000
155 000
155 000
Total tax
62 093
75 195
54 886
70 448
After tax
92 907
79 805
100 114
84 552
Living cost
38 662
38 662
38 662
38 662
Free-cash
54 245
41 144
61 453
45 890

Estimated living cost  is ₽38662 per week

₽26670
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4160
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.
₽7271
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽51456
₽53668
₽27142
₽27142
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
155 000
income
-
-
-
45 449
social contributions
-
-
-
25 365
total
-
-
-
70 814
Employee
78 332
-
155 000
-
income
14 781
-
45 449
-
social contributions
6 508
-
25 365
-
total
21 289
-
70 814
-
Employer
78 332
-
155 000
-
total
-
-
-
-
Corporate
76 668
155 000
-
-
income
9 583
19 374
-
-
total
9 583
19 374
-
-
Dividends
67 084
135 626
-
-
withholding
13 416
27 126
-
-
total
13 416
27 126
-
-
Income
155 000
155 000
155 000
155 000
Total tax
44 288
46 500
70 814
70 814
After tax
110 712
108 500
84 186
84 186
Living cost
57 044
57 044
57 044
57 044
Free-cash
53 668
51 456
27 142
27 142

Estimated living cost  is ₽57044 per week

₽43398
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4648
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽545
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8453
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽59109
₽62606
₽83468
₽75162
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

We use The Residence Programme or The Global Residence Programme.

-
-
-
155 000
income
-
-
-
28 505
health

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

-
-
-
6 676
total
-
-
-
35 181
Employee
45 939
-
150 394
-
income
4 985
-
34 275
-
social contributions
4 603
-
4 606
-
total
9 588
-
38 881
-
Employer
45 939
-
150 394
-
social contributions
4 603
-
4 606
-
total
4 603
-
4 606
-
Corporate
104 459
155 000
-
-
income
36 561
54 249
-
-
total
36 561
54 249
-
-
Dividends
67 898
100 751
-
-
social contributions
5 291
5 291
-
-
total
5 291
5 291
-
-
Income
155 000
155 000
155 000
155 000
Total tax
56 043
59 540
43 487
35 181
After tax
98 957
95 460
111 513
119 819
Living cost
36 351
36 351
36 351
36 351
Free-cash
62 606
59 109
75 162
83 468

Estimated living cost  is ₽36351 per week

₽23944
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2866
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽557
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8983
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽66460
₽72427
₽67049
₽52895
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
155 000
income
-
-
-
41 914
pensions
-
-
-
8 614
total
-
-
-
50 528
Employee
51 368
-
135 610
-
health
670
-
2 053
-
income
9 355
-
32 477
-
pensions
3 921
-
10 762
-
total
13 946
-
45 292
-
Employer
51 368
-
135 610
-
pensions
5 190
-
16 814
-
health
976
-
2 576
-
total
6 166
-
19 390
-
Corporate
97 465
155 000
-
-
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.

18 518
29 451
-
-
total
18 518
29 451
-
-
Dividends
78 947
125 549
-
-
withholding
6 520
21 666
-
-
total
6 520
21 666
-
-
Income
155 000
155 000
155 000
155 000
Total tax
45 150
51 117
64 682
50 528
After tax
109 850
103 883
90 318
104 472
Living cost
37 423
37 423
37 423
37 423
Free-cash
72 427
66 460
52 895
67 049

Estimated living cost  is ₽37423 per week

₽25672
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3441
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽468
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7839
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽11212
₽8909
₽82266
₽59697
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
155 000
accident
-
-
-
252
income
-
-
-
42 018
pensions
-
-
-
4 151
other
-
-
-
370
health
-
-
-
2 176
total
-
-
-
48 967
Employee
37 386
-
138 310
-
health
4 280
-
15 836
-
income
5 129
-
31 398
-
pensions
4 210
-
7 612
-
total
13 619
-
54 846
-
Employer
37 386
-
138 310
-
accident
624
-
2 310
-
unemployment
916
-
3 388
-
pensions
6 079
-
10 992
-
total
7 619
-
16 690
-
Corporate
109 996
155 000
-
-
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.

98 996
139 500
-
-
total
98 996
139 500
-
-
Dividends
11 000
15 500
-
-
withholding
2 090
2 945
-
-
total
2 090
2 945
-
-
Income
155 000
155 000
155 000
155 000
Total tax
122 324
142 445
71 536
48 967
After tax
32 676
12 555
83 464
106 033
Living cost
23 767
23 767
23 767
23 767
Free-cash
8 909
-11 212
59 697
82 266

Estimated living cost  is ₽23767 per week

₽17442
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1385
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽479
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4461
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽116904
₽112219
₽73615
₽94218
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
155 000
work injury
-
-
-
775
health insurance
-
-
-
11 470
income
-
-
-
25 232
pensions
-
-
-
28 520
unemployment
-
-
-
1 860
total
-
-
-
67 857
Employee

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

21 644
-
155 000
-
work injury
108
-
400
-
income
2 164
-
25 232
-
pensions
3 982
-
14 735
-
health insurance
1 602
-
5 926
-
unemployment
260
-
961
-
total
8 116
-
47 254
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
133 356
155 000
-
-
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%.

1 334
1 550
-
-
total
1 334
1 550
-
-
Dividends
132 022
153 450
-
-
withholding
19 803
23 018
-
-
total
19 803
23 018
-
-
Income
155 000
155 000
155 000
155 000
Total tax
29 253
24 568
47 254
67 857
After tax
125 747
130 432
107 746
87 143
Living cost
13 528
13 528
13 528
13 528
Free-cash
112 219
116 904
94 218
73 615

Estimated living cost  is ₽13528 per week

₽8381
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽983
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽422
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3742
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽41751
₽37194
₽33602
₽26756
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
155 000
municipal
-
-
-
1 036
regional
-
-
-
3 526
national
-
-
-
37 076
social contributions
-
-
-
39 866
total
-
-
-
81 504
Employee
84 385
-
155 000
-
social contributions
28 454
-
52 265
-
regional
1 274
-
3 114
-
municipal
504
-
925
-
national
14 260
-
32 046
-
total
44 492
-
88 350
-
Employer
84 385
-
155 000
-
total
-
-
-
-
Corporate
70 615
155 000
-
-
nationa
16 947
37 199
-
-
municipal
3 404
7 470
-
-
total
20 351
44 669
-
-
Dividends
50 264
110 330
-
-
withholding
13 069
28 686
-
-
total
13 069
28 686
-
-
Income
155 000
155 000
155 000
155 000
Total tax
77 912
73 355
88 350
81 504
After tax
77 088
81 645
66 650
73 496
Living cost
39 894
39 894
39 894
39 894
Free-cash
37 194
41 751
26 756
33 602

Estimated living cost  is ₽39894 per week

₽28023
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2744
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽602
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8523
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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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