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
₽ 156000
per

Your estimated
City
free-cash

Dresden , Germany
₽71387
₽50287
₽53685
₽60661
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
156 000
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.

-
-
-
6 407
income

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

-
-
-
47 202
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.

-
-
-
2 597
trade
-
-
-
17 702
total
-
-
-
73 908
Employee

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

35 872
-
156 000
-
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.

55
-
2 597
-
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.

1 002
-
47 202
-
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.

6 407
-
6 407
-
total
7 464
-
56 206
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
120 128
156 000
-
-
chamber of commerce
315
367
-
-
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.

991
1 287
-
-
trade
18 921
24 570
-
-
income
18 019
23 401
-
-
total
38 246
49 625
-
-
Dividends
81 883
106 376
-
-
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.

1 107
1 443
-
-
withholding
20 115
26 238
-
-
total
21 222
27 681
-
-
Income
156 000
156 000
156 000
156 000
Total tax
66 932
77 306
56 206
73 908
After tax
89 068
78 694
99 794
82 092
Living cost
28 407
28 407
28 407
28 407
Free-cash
60 661
50 287
71 387
53 685

Estimated living cost  is ₽28407 per week

₽17869
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3312
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽530
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6696
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽44275
₽48090
₽43051
₽47271
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
156 000
social contributions
-
-
-
1 677
pensions
-
-
-
18 720
national
-
-
-
26 316
municipal
-
-
-
16 982
total
-
-
-
63 695
Employee
76 353
-
134 861
-
municipal
9 431
-
17 586
-
national
14 614
-
27 252
-
pensions
3 054
-
5 394
-
total
27 099
-
50 232
-
Employer
76 353
-
134 861
-
pensions
6 108
-
10 789
-
social contributions
821
-
1 450
-
total
6 929
-
12 239
-
Corporate
67 678
156 000
-
-
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%.

13 536
31 200
-
-
total
13 536
31 200
-
-
Dividends
54 143
124 800
-
-
withholding
11 911
27 456
-
-
total
11 911
27 456
-
-
Income
156 000
156 000
156 000
156 000
Total tax
59 475
58 656
62 471
63 695
After tax
96 525
97 344
93 529
92 305
Living cost
49 254
49 254
49 254
49 254
Free-cash
47 271
48 090
44 275
43 051

Estimated living cost  is ₽49254 per week

₽33478
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4579
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽737
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10461
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽44765
₽105288
₽33529
₽97595
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

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

-
-
-
156 000
social contributions

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

-
-
-
35 934
income
-
-
-
27 245
surtax
-
-
-
39 780
microenterprise
-
-
-
-
total
-
-
-
102 959
Employee
27 405
-
116 282
-
surtax
-
-
16 862
-
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.

3 015
-
12 295
-
income
4 878
-
22 849
-
total
7 893
-
52 006
-
Employer
27 405
-
116 282
-
surtax
-
-
12 791
-
social contributions

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

6 601
-
26 926
-
total
6 601
-
39 717
-
Corporate
121 994
156 000
-
-
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%.

24 399
31 200
-
-
total
24 399
31 200
-
-
Dividends

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

97 595
124 800
-
-
total
-
-
-
-
Income
156 000
156 000
156 000
156 000
Total tax
38 893
31 200
91 723
102 959
After tax
117 107
124 800
64 277
53 041
Living cost
19 512
19 512
19 512
19 512
Free-cash
97 595
105 288
44 765
33 529

Estimated living cost  is ₽19512 per week

₽12448
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1858
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽443
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4763
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽57177
₽37810
₽47477
₽32062
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
156 000
health
-
-
-
11 565
income
-
-
-
46 681
pensions
-
-
-
10 988
total
-
-
-
69 234
Employee
80 090
80 090
138 571
-
income

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

13 109
13 109
19 551
-
pensions
14 416
10 988
10 988
-
health
12 293
10 456
11 565
-
total
39 818
34 553
42 104
-
Employer
80 090
80 090
138 571
-
unemployment
2 883
2 883
3 583
-
health
5 567
5 567
6 918
-
pensions
5 574
5 574
6 929
-
total
14 024
14 024
17 430
-
Corporate
62 868
61 885
-
-
income
12 574
12 377
-
-
total
12 574
12 377
-
-
Dividends
50 293
49 508
-
-
income
10 688
10 520
-
-
withholding
7 545
7 427
-
-
total
18 233
17 947
-
-
Income
156 000
156 000
156 000
156 000
Total tax
84 649
78 901
59 534
69 234
After tax
71 351
77 099
96 466
86 766
Living cost
39 289
39 289
39 289
39 289
Free-cash
32 062
37 810
57 177
47 477

Estimated living cost  is ₽39289 per week

₽27843
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3542
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽625
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7279
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽41406
₽46505
₽42343
₽45637
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
156 000
other
-
-
-
9 848
health
-
-
-
5 289
accident
-
-
-
169
pensions
-
-
-
9 162
national
-
-
-
11 236
unemployment
-
-
-
85
municipal
-
-
-
39 197
total
-
-
-
74 986
Employee
55 103
-
129 370
-
municipal
16 432
-
38 578
-
national
-
-
10 717
-
total
16 432
-
49 295
-
Employer
55 103
-
129 370
-
other
6 403
-
9 848
-
unemployment
1 455
-
2 237
-
health
3 389
-
5 212
-
accident
110
-
169
-
pensions
5 957
-
9 162
-
total
17 314
-
26 628
-
Corporate
83 584
156 000
-
-
income
18 388
34 320
-
-
total
18 388
34 320
-
-
Dividends
65 195
121 680
-
-
withholding
19 558
36 504
-
-
total
19 558
36 504
-
-
Income
156 000
156 000
156 000
156 000
Total tax
71 692
70 824
75 923
74 986
After tax
84 308
85 176
80 077
81 014
Living cost
38 671
38 671
38 671
38 671
Free-cash
45 637
46 505
41 406
42 343

Estimated living cost  is ₽38671 per week

₽25630
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3795
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.
₽8660
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽62951
₽41049
₽44463
₽54228
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
156 000
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.

-
-
-
6 407
income

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

-
-
-
47 202
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.

-
-
-
2 597
trade
-
-
-
18 488
total
-
-
-
74 694
Employee

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

47 561
-
156 000
-
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.

224
-
2 597
-
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.

4 086
-
47 202
-
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.

6 407
-
6 407
-
total
10 717
-
56 206
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
108 439
156 000
-
-
chamber of commerce
297
365
-
-
surtax

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

895
1 287
-
-
trade
17 839
25 663
-
-
income
16 265
23 401
-
-
total
35 296
50 716
-
-
Dividends
73 142
105 285
-
-
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.

986
1 427
-
-
withholding
17 930
25 965
-
-
total
18 916
27 392
-
-
Income
156 000
156 000
156 000
156 000
Total tax
64 929
78 108
56 206
74 694
After tax
91 071
77 892
99 794
81 306
Living cost
36 843
36 843
36 843
36 843
Free-cash
54 228
41 049
62 951
44 463

Estimated living cost  is ₽36843 per week

₽24641
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3885
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽550
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7767
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽75269
₽83414
₽76666
₽79524
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
156 000
social contributions
-
-
-
15 174
health
-
-
-
3 978
income
-
-
-
29 762
total
-
-
-
48 914
Employee
72 118
72 118
145 239
-
social contributions
3 504
5 985
8 073
-
income
7 573
6 676
29 009
-
health
717
1 226
2 469
-
total
11 794
13 887
39 551
-
Employer
72 118
72 118
145 239
-
health
781
1 335
2 687
-
social contributions
3 504
5 985
8 073
-
total
4 285
7 320
10 760
-
Corporate
109 500
76 562
-
-
income
13 688
9 570
-
-
total
13 688
9 570
-
-
Dividends
95 812
66 992
-
-
withholding
16 289
11 389
-
-
total
16 289
11 389
-
-
Income
156 000
156 000
156 000
156 000
Total tax
46 056
42 166
50 311
48 914
After tax
109 944
113 834
105 689
107 086
Living cost
30 420
30 420
30 420
30 420
Free-cash
79 524
83 414
75 269
76 666

Estimated living cost  is ₽30420 per week

₽20795
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2376
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽511
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6738
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽72849
₽70078
₽90483
₽70443
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
156 000
health
-
-
-
10 920
income
-
-
-
19 071
pensions
-
-
-
15 600
unemployment
-
-
-
2 340
total
-
-
-
47 931
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.

25 386
10 103
130 544
-
income
3 103
1 235
15 959
-
pensions
2 539
1 010
13 054
-
health
1 777
707
9 138
-
unemployment
381
152
1 958
-
total
7 800
3 104
40 109
-
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.

25 386
10 103
130 544
-
pensions
4 950
1 970
25 456
-
total
4 950
1 970
25 456
-
Corporate
125 664
143 927
-
-
income
11 310
12 953
-
-
total
11 310
12 953
-
-
Dividends
114 354
130 973
-
-
social contributions
22 184
25 424
-
-
withholding
21 727
24 885
-
-
total
43 911
50 309
-
-
Income
156 000
156 000
156 000
156 000
Total tax
67 971
68 336
65 565
47 931
After tax
88 029
87 664
90 435
108 069
Living cost
17 586
17 586
17 586
17 586
Free-cash
70 443
70 078
72 849
90 483

Estimated living cost  is ₽17586 per week

₽12001
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1439
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽351
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3795
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽67264
₽102147
₽60962
₽96321
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
156 000
health
-
-
-
20 281
income
-
-
-
20 904
pensions
-
-
-
31 200
total
-
-
-
72 385
Employee
26 606
-
116 592
-
income
2 995
-
22 479
-
pensions
532
-
2 332
-
unemployment
425
-
1 865
-
total
3 952
-
26 676
-
Employer
26 606
-
116 592
-
unemployment
214
-
933
-
health
3 458
-
15 157
-
pensions
5 322
-
23 317
-
total
8 994
-
39 407
-
Corporate
120 401
156 000
-
-
income
24 080
31 200
-
-
total
24 080
31 200
-
-
Dividends
96 320
124 800
-
-
total
-
-
-
-
Income
156 000
156 000
156 000
156 000
Total tax
37 026
31 200
66 083
72 385
After tax
118 974
124 800
89 917
83 615
Living cost
22 653
22 653
22 653
22 653
Free-cash
96 321
102 147
67 264
60 962

Estimated living cost  is ₽22653 per week

₽15538
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1349
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽456
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5311
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽63600
-₽8138
₽85906
₽9448
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
156 000
other
-
-
-
350
health
-
-
-
2 059
accident
-
-
-
238
income
-
-
-
42 744
pensions
-
-
-
3 929
total
-
-
-
49 320
Employee
32 679
-
139 836
-
income
4 483
-
32 247
-
pensions
3 680
-
7 204
-
health
3 742
-
16 011
-
total
11 905
-
55 462
-
Employer
32 679
-
139 836
-
unemployment
801
-
3 426
-
accident
546
-
2 335
-
pensions
5 314
-
10 403
-
total
6 661
-
16 164
-
Corporate
116 661
156 000
-
-
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.

104 995
140 400
-
-
total
104 995
140 400
-
-
Dividends
11 666
15 600
-
-
withholding
2 217
2 964
-
-
total
2 217
2 964
-
-
Income
156 000
156 000
156 000
156 000
Total tax
125 778
143 364
71 626
49 320
After tax
30 222
12 636
84 374
106 680
Living cost
20 774
20 774
20 774
20 774
Free-cash
9 448
-8 138
63 600
85 906

Estimated living cost  is ₽20774 per week

₽15226
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1151
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽434
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3964
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽116973
₽140373
₽146613
₽138906
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
156 000
microenterprise

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

-
-
-
1 560
total
-
-
-
1 560
Employee
9 783
-
156 000
-
income
1 956
-
31 200
-
total
1 956
-
31 200
-
Employer
-
-
-
-
total
-
-
-
-
Corporate

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

146 217
156 000
-
-
total
-
-
-
-
Dividends
146 217
156 000
-
-
withholding
7 311
7 800
-
-
total
7 311
7 800
-
-
Income
156 000
156 000
156 000
156 000
Total tax
9 267
7 800
31 200
1 560
After tax
146 733
148 200
124 800
154 440
Living cost
7 827
7 827
7 827
7 827
Free-cash
138 906
140 373
116 973
146 613

Estimated living cost  is ₽7827 per week

₽4851
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽651
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽215
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2111
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽63647
₽89623
₽60519
₽83291
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
156 000
other
-
-
-
6 774
health
-
-
-
6 276
income
-
-
-
23 212
pensions

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

-
-
-
34 229
total
-
-
-
70 491
Employee
34 053
-
124 603
-
income
5 863
-
24 255
-
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.

2 383
-
8 721
-
health
477
-
1 744
-
unemployment
340
-
1 246
-
total
9 063
-
35 966
-
Employer
34 053
-
124 603
-
other
1 703
-
6 229
-
unemployment
340
-
1 246
-
health
477
-
1 744
-
accident
272
-
997
-
pensions

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

5 790
-
21 181
-
total
8 582
-
31 397
-
Corporate
113 365
156 000
-
-
income
23 806
32 760
-
-
total
23 806
32 760
-
-
Dividends
89 558
123 240
-
-
withholding
6 268
8 627
-
-
total
6 268
8 627
-
-
Income
156 000
156 000
156 000
156 000
Total tax
47 719
41 387
67 363
70 491
After tax
108 281
114 613
88 637
85 509
Living cost
24 990
24 990
24 990
24 990
Free-cash
83 291
89 623
63 647
60 519

Estimated living cost  is ₽24990 per week

₽17657
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1687
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽402
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5243
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽27846
₽40912
₽42005
₽42164
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
156 000
income
-
-
-
43 813
pensions
-
-
-
8 194
total
-
-
-
52 007
Employee
87 704
-
136 343
-
income
15 810
-
34 373
-
health
1 445
-
2 005
-
pensions
8 461
-
10 131
-
total
25 716
-
46 509
-
Employer
87 704
-
136 343
-
health
1 666
-
2 590
-
pensions
10 355
-
17 067
-
total
12 021
-
19 657
-
Corporate
56 275
156 000
-
-
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.

10 692
29 639
-
-
total
10 692
29 639
-
-
Dividends
45 583
126 361
-
-
withholding
3 419
23 461
-
-
total
3 419
23 461
-
-
Income
156 000
156 000
156 000
156 000
Total tax
51 848
53 100
66 166
52 007
After tax
104 152
102 900
89 834
103 993
Living cost
61 988
61 988
61 988
61 988
Free-cash
42 164
40 912
27 846
42 005

Estimated living cost  is ₽61988 per week

₽46449
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽7283
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽504
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7753
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽117774
₽121191
₽111740
₽116872
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
156 000
health
-
-
-
3 735
income
-
-
-
23 400
pensions

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

-
-
-
4 806
unemployment
-
-
-
130
total
-
-
-
32 071
Employee
16 141
-
149 629
-
income
1 614
-
14 963
-
accident

We are using the highest rate at 1.1%.

178
-
357
-
pensions

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

1 417
-
2 851
-
health
742
-
1 494
-
total
3 951
-
19 665
-
Employer
16 141
-
149 629
-
unemployment
97
-
195
-
health
1 114
-
2 241
-
accident

We are using the highest rate at 1.1%.

178
-
357
-
pensions

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

1 779
-
3 579
-
total
3 168
-
6 372
-
Corporate
136 692
156 000
-
-
income
13 669
15 600
-
-
total
13 669
15 600
-
-
Dividends
123 023
140 400
-
-
withholding
6 151
7 020
-
-
total
6 151
7 020
-
-
Income
156 000
156 000
156 000
156 000
Total tax
26 939
22 620
26 037
32 071
After tax
129 061
133 380
129 963
123 929
Living cost
12 190
12 190
12 190
12 190
Free-cash
116 872
121 191
117 774
111 740

Estimated living cost  is ₽12190 per week

₽7116
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽870
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽323
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3880
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽44460
₽25093
₽34760
₽27452
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
156 000
health
-
-
-
11 565
income
-
-
-
46 681
pensions
-
-
-
10 988
total
-
-
-
69 234
Employee
86 952
80 090
138 571
-
income

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

13 109
13 109
19 551
-
pensions
10 988
10 988
10 988
-
health
10 848
10 456
11 565
-
total
34 945
34 553
42 104
-
Employer
86 952
80 090
138 571
-
unemployment
3 131
2 883
3 583
-
health
6 042
5 567
6 918
-
pensions
6 051
5 574
6 929
-
total
15 224
14 024
17 430
-
Corporate
53 823
61 885
-
-
income
10 764
12 377
-
-
total
10 764
12 377
-
-
Dividends
43 059
49 508
-
-
income
9 150
10 520
-
-
withholding
6 459
7 427
-
-
total
15 609
17 947
-
-
Income
156 000
156 000
156 000
156 000
Total tax
76 542
78 901
59 534
69 234
After tax
79 458
77 099
96 466
86 766
Living cost
52 006
52 006
52 006
52 006
Free-cash
27 452
25 093
44 460
34 760

Estimated living cost  is ₽52006 per week

₽38363
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4645
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽596
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8402
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽56607
₽84289
₽63308
₽76042
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
156 000
social contributions
-
-
-
33 264
health
-
-
-
21 060
income
-
-
-
15 251
solidarity contribution
-
-
-
-
total
-
-
-
69 575
Employee
33 995
-
116 991
-
social contributions
2 210
-
7 405
-
solidarity contribution
-
-
-
-
income
4 079
-
14 069
-
health
4 589
-
15 794
-
total
10 878
-
37 268
-
Employer
33 995
-
116 991
-
health
3 060
-
10 529
-
social contributions
8 499
-
28 479
-
total
11 559
-
39 008
-
Corporate
110 447
156 000
-
-
income
20 985
29 640
-
-
total
20 985
29 640
-
-
Dividends
89 462
126 360
-
-
withholding
13 419
18 954
-
-
total
13 419
18 954
-
-
Income
156 000
156 000
156 000
156 000
Total tax
56 841
48 594
76 276
69 575
After tax
99 159
107 406
79 724
86 425
Living cost
23 117
23 117
23 117
23 117
Free-cash
76 042
84 289
56 607
63 308

Estimated living cost  is ₽23117 per week

₽16057
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1645
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽455
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4961
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽28471
₽43658
₽35520
₽38762
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
156 000
social contributions
-
-
-
40 123
national
-
-
-
38 023
regional
-
-
-
1 832
municipal
-
-
-
927
total
-
-
-
80 905
Employee
83 352
-
156 000
-
social contributions
28 106
-
52 603
-
municipal
441
-
828
-
national
14 443
-
32 906
-
regional
786
-
1 617
-
total
43 776
-
87 954
-
Employer
83 352
-
156 000
-
total
-
-
-
-
Corporate
72 648
156 000
-
-
nationa
17 435
37 440
-
-
municipal
2 833
6 083
-
-
total
20 268
43 523
-
-
Dividends
52 380
112 477
-
-
withholding
13 619
29 244
-
-
total
13 619
29 244
-
-
Income
156 000
156 000
156 000
156 000
Total tax
77 663
72 767
87 954
80 905
After tax
78 337
83 233
68 046
75 095
Living cost
39 575
39 575
39 575
39 575
Free-cash
38 762
43 658
28 471
35 520

Estimated living cost  is ₽39575 per week

₽27587
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2595
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽607
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8785
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽47420
₽77429
₽53250
₽74510
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
156 000
other
-
-
-
-
health
-
-
-
8 886
income
-
-
-
41 668
pensions
-
-
-
25 034
surtax
-
-
-
6 252
unemployment
-
-
-
214
total
-
-
-
82 054
Employee
31 015
-
129 652
-
surtax
101
-
5 225
-
income
5 199
-
36 060
-
other
-
-
-
-
pensions
2 068
-
8 349
-
health
792
-
3 191
-
unemployment
2 159
-
8 712
-
total
10 319
-
61 537
-
Employer
31 015
-
129 652
-
other
-
-
-
-
unemployment
982
-
3 967
-
health
1 411
-
5 695
-
pensions
4 134
-
16 685
-
total
6 527
-
26 347
-
Corporate
118 457
156 000
-
-
income
30 799
40 559
-
-
total
30 799
40 559
-
-
Dividends
87 658
115 441
-
-
withholding
13 149
17 316
-
-
total
13 149
17 316
-
-
Income
156 000
156 000
156 000
156 000
Total tax
60 794
57 875
87 884
82 054
After tax
95 206
98 125
68 116
73 946
Living cost
20 696
20 696
20 696
20 696
Free-cash
74 510
77 429
47 420
53 250

Estimated living cost  is ₽20696 per week

₽12654
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1910
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽477
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5654
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽47485
₽60551
₽61644
₽66673
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
156 000
income
-
-
-
43 813
pensions
-
-
-
8 194
total
-
-
-
52 007
Employee
58 777
-
136 343
-
income
10 586
-
34 373
-
health
853
-
2 005
-
pensions
4 989
-
10 131
-
total
16 428
-
46 509
-
Employer
58 777
-
136 343
-
health
1 117
-
2 590
-
pensions
6 363
-
17 067
-
total
7 480
-
19 657
-
Corporate
89 744
156 000
-
-
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.

17 051
29 639
-
-
total
17 051
29 639
-
-
Dividends
72 694
126 361
-
-
withholding
6 019
23 461
-
-
total
6 019
23 461
-
-
Income
156 000
156 000
156 000
156 000
Total tax
46 978
53 100
66 166
52 007
After tax
109 022
102 900
89 834
103 993
Living cost
42 349
42 349
42 349
42 349
Free-cash
66 673
60 551
47 485
61 644

Estimated living cost  is ₽42349 per week

₽31727
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3174
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽443
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7004
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽44418
-₽3899
₽52000
₽28291
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
156 000
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.

-
-
-
3 121
health
-
-
-
352
pensions
-
-
-
14 351
city
-
-
-
1 644
national
-
-
-
2 060
regional
-
-
-
7 240
total
-
-
-
28 768
Employee
88 041
-
139 628
-
national
417
-
1 701
-
city
945
-
1 499
-
pensions
7 397
-
11 729
-
health
199
-
315
-
regional
2 883
-
6 270
-
unemployment
-
-
-
-
total
11 841
-
21 514
-
Employer
88 041
-
139 628
-
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.

1 760
-
2 792
-
unemployment
-
-
-
-
health
199
-
315
-
pensions
7 397
-
11 729
-
total
9 356
-
14 836
-
Corporate
57 635
156 000
-
-
regional
12 190
32 995
-
-
national
4 898
13 261
-
-
total
17 088
46 256
-
-
Dividends
40 547
109 744
-
-
withholding
14 192
38 411
-
-
total
14 192
38 411
-
-
Income
156 000
156 000
156 000
156 000
Total tax
52 477
84 667
36 350
28 768
After tax
103 523
71 333
119 650
127 232
Living cost
75 232
75 232
75 232
75 232
Free-cash
28 291
-3 899
44 418
52 000

Estimated living cost  is ₽75232 per week

₽48922
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽6751
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽924
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽18634
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽56830
₽34127
₽37555
₽49336
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
156 000
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.

-
-
-
6 407
income

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

-
-
-
47 202
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.

-
-
-
2 597
trade
-
-
-
19 275
total
-
-
-
75 481
Employee

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

56 364
-
156 000
-
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.

365
-
2 597
-
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.

6 628
-
47 202
-
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.

6 407
-
6 407
-
total
13 400
-
56 206
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
99 636
156 000
-
-
chamber of commerce
283
361
-
-
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.

822
1 287
-
-
trade
17 088
26 754
-
-
income
14 945
23 401
-
-
total
33 138
51 803
-
-
Dividends
66 498
104 198
-
-
surtax

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

895
1 413
-
-
withholding
16 267
25 693
-
-
total
17 162
27 106
-
-
Income
156 000
156 000
156 000
156 000
Total tax
63 700
78 909
56 206
75 481
After tax
92 300
77 091
99 794
80 519
Living cost
42 964
42 964
42 964
42 964
Free-cash
49 336
34 127
56 830
37 555

Estimated living cost  is ₽42964 per week

₽31379
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3437
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽559
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7591
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽54659
₽46536
₽55973
₽52077
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
156 000
other
-
-
-
4 836
social contributions
-
-
-
4 446
health
-
-
-
6 309
income
-
-
-
23 656
pensions
-
-
-
28 692
surtax
-
-
-
-
total
-
-
-
67 939
Employee
40 139
-
121 396
-
surtax
-
-
-
-
social contributions
1 144
-
3 458
-
income
2 369
-
23 023
-
pensions
4 538
-
8 167
-
total
8 051
-
34 648
-
Employer
40 139
-
121 396
-
other
1 385
-
4 619
-
unemployment
1 625
-
4 916
-
health
2 810
-
10 908
-
pensions
6 594
-
13 797
-
social contributions
121
-
365
-
total
12 535
-
34 605
-
Corporate
103 326
156 000
-
-
surtax
-
-
-
-
income
28 930
43 679
-
-
total
28 930
43 679
-
-
Dividends
74 395
112 321
-
-
social contributions
12 797
19 320
-
-
surtax
-
-
-
-
withholding
9 522
14 377
-
-
total
22 319
33 697
-
-
Income
156 000
156 000
156 000
156 000
Total tax
71 835
77 376
69 253
67 939
After tax
84 165
78 624
86 747
88 061
Living cost
32 088
32 088
32 088
32 088
Free-cash
52 077
46 536
54 659
55 973

Estimated living cost  is ₽32088 per week

₽20233
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2609
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽546
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8701
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽57839
₽49716
₽59153
₽54926
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
156 000
other
-
-
-
4 836
social contributions
-
-
-
4 446
health
-
-
-
6 309
income
-
-
-
23 656
pensions
-
-
-
28 692
surtax
-
-
-
-
total
-
-
-
67 939
Employee
35 830
-
121 396
-
surtax
-
-
-
-
social contributions
1 022
-
3 458
-
income
1 847
-
23 023
-
pensions
4 053
-
8 167
-
total
6 922
-
34 648
-
Employer
35 830
-
121 396
-
other
1 237
-
4 619
-
unemployment
1 451
-
4 916
-
health
2 508
-
10 908
-
pensions
5 888
-
13 797
-
social contributions
107
-
365
-
total
11 191
-
34 605
-
Corporate
108 980
156 000
-
-
surtax
-
-
-
-
income
30 514
43 679
-
-
total
30 514
43 679
-
-
Dividends
78 466
112 321
-
-
social contributions
13 496
19 320
-
-
surtax
-
-
-
-
withholding
10 043
14 377
-
-
total
23 539
33 697
-
-
Income
156 000
156 000
156 000
156 000
Total tax
72 166
77 376
69 253
67 939
After tax
83 834
78 624
86 747
88 061
Living cost
28 908
28 908
28 908
28 908
Free-cash
54 926
49 716
57 839
59 153

Estimated living cost  is ₽28908 per week

₽16766
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2937
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.
₽8659
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽77350
₽75288
₽80295
₽75775
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
156 000
social contributions
-
-
-
21 528
health
-
-
-
10 889
income
-
-
-
23 401
total
-
-
-
55 818
Employee
31 799
-
156 000
-
social contributions
4 389
-
21 528
-
income
5 304
-
26 346
-
health
2 219
-
10 889
-
total
11 912
-
58 763
-
Employer
31 799
-
156 000
-
total
-
-
-
-
Corporate
124 201
156 000
-
-
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%.

6 210
7 801
-
-
total
6 210
7 801
-
-
Dividends
117 991
148 199
-
-
social contributions
16 283
20 451
-
-
withholding
17 698
22 229
-
-
health
8 235
10 344
-
-
total
42 216
53 024
-
-
Income
156 000
156 000
156 000
156 000
Total tax
60 338
60 825
58 763
55 818
After tax
95 662
95 175
97 237
100 182
Living cost
19 887
19 887
19 887
19 887
Free-cash
75 775
75 288
77 350
80 295

Estimated living cost  is ₽19887 per week

₽13309
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1226
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽457
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4893
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽8230
₽53354
₽46994
₽51903
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
156 000
health
-
-
-
8 381
income
-
-
-
40 746
chamber of commerce
-
-
-
625
pensions
-
-
-
20 270
surtax
-
-
-
185
unemployment
-
-
-
5 752
total
-
-
-
75 959
Employee
46 870
37 375
123 282
-
income
5 336
2 757
32 232
-
other
468
374
1 096
-
pensions
4 800
3 827
11 220
-
health
1 814
1 447
4 239
-
unemployment
1 406
1 121
3 287
-
total
13 824
9 526
52 074
-
Employer
46 870
37 375
123 282
-
other
2 227
1 774
5 738
-
unemployment
1 406
1 121
3 287
-
health
1 771
1 413
4 142
-
surtax
185
185
185
-
accident
609
486
1 424
-
pensions
5 882
4 692
13 751
-
payroll
1 406
1 121
3 698
-
chamber of commerce
187
150
493
-
total
13 673
10 942
32 718
-
Corporate
95 457
107 682
119 723
-
income

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

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

23 865
26 921
29 931
-
total
23 865
26 921
29 931
-
Dividends
71 592
80 761
-
-
withholding
19 688
22 210
-
-
total
19 688
22 210
-
-
Income
156 000
156 000
156 000
156 000
Total tax
71 050
69 599
114 723
75 959
After tax
84 950
86 401
41 277
80 041
Living cost
33 047
33 047
33 047
33 047
Free-cash
51 903
53 354
8 230
46 994

Estimated living cost  is ₽33047 per week

₽22041
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2819
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽543
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7644
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽21238
₽53068
₽33376
₽39002
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
156 000
social contributions
-
-
-
23 383
communal

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

-
-
-
7 957
national
-
-
-
57 088
total
-
-
-
88 428
Employee

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

67 086
-
120 828
-
national
20 625
-
43 297
-
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.

5 031
-
9 063
-
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.

3 152
-
5 679
-
communal

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

3 499
-
6 302
-
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.

584
-
1 052
-
total
32 891
-
65 393
-
Employer

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

67 086
-
120 828
-
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.

979
-
1 764
-
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.

4 126
-
7 431
-
surtax
7 607
-
13 701
-
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.

872
-
1 572
-
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.

5 944
-
10 705
-
total
19 528
-
35 173
-
Corporate
69 386
156 000
-
-
surtax
278
625
-
-
income
13 877
31 200
-
-
total
14 155
31 825
-
-
Dividends
55 231
124 176
-
-
withholding

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

16 228
36 911
-
-
total
16 228
36 911
-
-
Income
156 000
156 000
156 000
156 000
Total tax
82 802
68 736
100 566
88 428
After tax
73 198
87 264
55 434
67 572
Living cost
34 196
34 196
34 196
34 196
Free-cash
39 002
53 068
21 238
33 376

Estimated living cost  is ₽34196 per week

₽22027
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2990
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽536
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8644
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽49846
₽70224
₽53780
₽63627
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
156 000
other
-
-
-
87
accident
-
-
-
783
income
-
-
-
42 271
pensions
-
-
-
24 600
unemployment
-
-
-
609
total
-
-
-
68 350
Employee
46 685
-
128 287
-
income
9 850
-
39 051
-
other
46
-
87
-
pensions
2 194
-
4 086
-
unemployment
724
-
1 347
-
total
12 814
-
44 571
-
Employer
46 685
-
128 287
-
other
372
-
696
-
unemployment
2 568
-
4 780
-
accident
924
-
1 721
-
pensions
11 017
-
20 516
-
total
14 881
-
27 713
-
Corporate
94 434
156 000
-
-
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.

14 165
23 401
-
-
total
14 165
23 401
-
-
Dividends
80 269
132 599
-
-
withholding
16 643
28 505
-
-
total
16 643
28 505
-
-
Income
156 000
156 000
156 000
156 000
Total tax
58 503
51 906
72 284
68 350
After tax
97 497
104 094
83 716
87 650
Living cost
33 870
33 870
33 870
33 870
Free-cash
63 627
70 224
49 846
53 780

Estimated living cost  is ₽33870 per week

₽24942
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2403
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.
₽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

Source of data for Barcelona model

Close
Luxembourg , Luxembourg
₽33408
₽40860
₽27190
₽29298
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
156 000
health
-
-
-
10 962
accident
-
-
-
1 315
income
-
-
-
24 589
pensions
-
-
-
23 383
communal
-
-
-
9 860
surtax
-
-
-
7 733
total
-
-
-
77 842
Employee
71 024
-
139 347
-
surtax
4 353
-
8 539
-
income
6 860
-
29 081
-
pensions
5 681
-
11 149
-
health
3 161
-
6 201
-
total
20 055
-
54 970
-
Employer
71 024
-
139 347
-
health
2 166
-
4 250
-
accident
639
-
1 255
-
pensions
5 681
-
11 149
-
total
8 486
-
16 654
-
Corporate
76 490
156 000
-
-
surtax
803
1 637
-
-
income
11 474
23 401
-
-
communal
5 163
10 529
-
-
total
17 440
35 567
-
-
Dividends
59 050
120 433
-
-
income
20 895
10 540
-
-
withholding
8 858
18 065
-
-
total
29 753
28 605
-
-
Income
156 000
156 000
156 000
156 000
Total tax
75 734
64 172
71 624
77 842
After tax
80 266
91 828
84 376
78 158
Living cost
50 968
50 968
50 968
50 968
Free-cash
29 298
40 860
33 408
27 190

Estimated living cost  is ₽50968 per week

₽38233
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3088
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽539
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9105
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽47050
₽77059
₽52880
₽74075
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
156 000
other
-
-
-
-
health
-
-
-
8 886
income
-
-
-
41 668
pensions
-
-
-
25 034
surtax
-
-
-
6 252
unemployment
-
-
-
214
total
-
-
-
82 054
Employee
31 584
-
129 652
-
surtax
112
-
5 225
-
income
5 295
-
36 060
-
other
-
-
-
-
pensions
2 107
-
8 349
-
health
806
-
3 191
-
unemployment
2 198
-
8 712
-
total
10 518
-
61 537
-
Employer
31 584
-
129 652
-
other
-
-
-
-
unemployment
1 002
-
3 967
-
health
1 436
-
5 695
-
pensions
4 211
-
16 685
-
total
6 649
-
26 347
-
Corporate
117 767
156 000
-
-
income
30 619
40 559
-
-
total
30 619
40 559
-
-
Dividends
87 147
115 441
-
-
withholding
13 073
17 316
-
-
total
13 073
17 316
-
-
Income
156 000
156 000
156 000
156 000
Total tax
60 859
57 875
87 884
82 054
After tax
95 141
98 125
68 116
73 946
Living cost
21 066
21 066
21 066
21 066
Free-cash
74 075
77 059
47 050
52 880

Estimated living cost  is ₽21066 per week

₽12718
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1831
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽489
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6028
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽42300
₽56734
₽49311
₽54652
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
156 000
social contributions
-
-
-
40 123
national
-
-
-
38 023
regional
-
-
-
2 352
municipal
-
-
-
927
total
-
-
-
81 425
Employee
52 025
-
156 000
-
social contributions
17 543
-
52 603
-
municipal
276
-
828
-
national
8 242
-
32 906
-
regional
700
-
2 099
-
total
26 761
-
88 436
-
Employer
52 025
-
156 000
-
total
-
-
-
-
Corporate
103 975
156 000
-
-
nationa
24 954
37 440
-
-
municipal
5 167
7 753
-
-
total
30 121
45 193
-
-
Dividends
73 854
110 808
-
-
withholding
19 202
28 809
-
-
total
19 202
28 809
-
-
Income
156 000
156 000
156 000
156 000
Total tax
76 084
74 002
88 436
81 425
After tax
79 916
81 998
67 564
74 575
Living cost
25 264
25 264
25 264
25 264
Free-cash
54 652
56 734
42 300
49 311

Estimated living cost  is ₽25264 per week

₽15712
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2559
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽432
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6560
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽51238
₽78920
₽57939
₽68757
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
156 000
social contributions
-
-
-
33 264
health
-
-
-
21 060
income
-
-
-
15 251
solidarity contribution
-
-
-
-
total
-
-
-
69 575
Employee
41 891
-
116 991
-
social contributions
2 723
-
7 405
-
solidarity contribution
-
-
-
-
income
5 027
-
14 069
-
health
5 655
-
15 794
-
total
13 405
-
37 268
-
Employer
41 891
-
116 991
-
health
3 770
-
10 529
-
social contributions
10 473
-
28 479
-
total
14 243
-
39 008
-
Corporate
99 866
156 000
-
-
income
18 975
29 640
-
-
total
18 975
29 640
-
-
Dividends
80 892
126 360
-
-
withholding
12 134
18 954
-
-
total
12 134
18 954
-
-
Income
156 000
156 000
156 000
156 000
Total tax
58 757
48 594
76 276
69 575
After tax
97 243
107 406
79 724
86 425
Living cost
28 486
28 486
28 486
28 486
Free-cash
68 757
78 920
51 238
57 939

Estimated living cost  is ₽28486 per week

₽21184
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1578
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽493
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5231
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽11413
₽56582
₽50305
₽56117
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
156 000
health
-
-
-
8 381
income
-
-
-
40 746
chamber of commerce
-
-
-
625
pensions
-
-
-
20 270
surtax
-
-
-
-
unemployment
-
-
-
5 752
total
-
-
-
75 774
Employee
40 997
37 375
123 455
-
income
3 652
2 757
32 305
-
other
409
374
1 096
-
pensions
4 199
3 827
11 220
-
health
1 586
1 447
4 239
-
unemployment
1 230
1 121
3 287
-
total
11 076
9 526
52 147
-
Employer
40 997
37 375
123 455
-
other
1 947
1 774
5 745
-
unemployment
1 230
1 121
3 287
-
health
1 550
1 413
4 142
-
surtax
-
-
-
-
accident
532
486
1 424
-
pensions
5 145
4 692
13 751
-
payroll
1 230
1 121
3 704
-
chamber of commerce
164
150
493
-
total
11 798
10 757
32 546
-
Corporate
103 205
107 868
119 895
-
income

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

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

25 802
26 967
29 973
-
total
25 802
26 967
29 973
-
Dividends
77 403
80 900
-
-
withholding
21 286
22 247
-
-
total
21 286
22 247
-
-
Income
156 000
156 000
156 000
156 000
Total tax
69 962
69 497
114 666
75 774
After tax
86 038
86 503
41 334
80 226
Living cost
29 921
29 921
29 921
29 921
Free-cash
56 117
56 582
11 413
50 305

Estimated living cost  is ₽29921 per week

₽17949
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3056
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽534
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8383
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽112603
₽136003
₽142243
₽133716
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
156 000
microenterprise

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

-
-
-
1 560
total
-
-
-
1 560
Employee
15 246
-
156 000
-
income
3 049
-
31 200
-
total
3 049
-
31 200
-
Employer
-
-
-
-
total
-
-
-
-
Corporate

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

140 754
156 000
-
-
total
-
-
-
-
Dividends
140 754
156 000
-
-
withholding
7 038
7 800
-
-
total
7 038
7 800
-
-
Income
156 000
156 000
156 000
156 000
Total tax
10 087
7 800
31 200
1 560
After tax
145 913
148 200
124 800
154 440
Living cost
12 197
12 197
12 197
12 197
Free-cash
133 716
136 003
112 603
142 243

Estimated living cost  is ₽12197 per week

₽8254
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽512
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽409
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3022
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽47368
₽82248
₽51504
₽74404
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

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

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

-
-
-
156 000
health
-
-
-
15 349
income
-
-
-
35 269
pensions
-
-
-
28 489
unemployment
-
-
-
233
total
-
-
-
79 340
Employee

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

41 473
-
134 983
-
income
7 152
-
32 625
-
pensions
6 429
-
20 923
-
health
2 679
-
8 721
-
unemployment
59
-
189
-
total
16 319
-
62 458
-
Employer

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

41 473
-
134 983
-
unemployment
25
-
82
-
health
2 762
-
8 990
-
pensions
3 670
-
11 946
-
total
6 457
-
21 018
-
Corporate
108 070
156 000
-
-
income
20 533
29 641
-
-
total
20 533
29 641
-
-
Dividends
87 537
126 359
-
-
withholding
13 131
18 955
-
-
total
13 131
18 955
-
-
Income
156 000
156 000
156 000
156 000
Total tax
56 440
48 596
83 476
79 340
After tax
99 560
107 404
72 524
76 660
Living cost
25 156
25 156
25 156
25 156
Free-cash
74 404
82 248
47 368
51 504

Estimated living cost  is ₽25156 per week

₽17264
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1612
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.
₽5793
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽100600
₽52454
₽65352
₽5652
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
156 000
social contributions
-
-
-
17 784
income
-
-
-
30 408
total
-
-
-
48 192
Employee
60 876
-
-
-
social contributions
4 992
-
711
-
income
13 428
-
-
-
total
18 420
-
711
-
Employer
60 876
-
-
-
social contributions
85 835
-
12 233
-
total
85 835
-
12 233
-
Corporate
9 289
156 000
-
-
income
2 043
34 320
-
-
total
2 043
34 320
-
-
Dividends
7 245
121 680
-
-
income
1 594
26 770
-
-
total
1 594
26 770
-
-
Income
156 000
156 000
156 000
156 000
Total tax
107 892
61 090
12 944
48 192
After tax
48 108
94 910
143 056
107 808
Living cost
42 456
42 456
42 456
42 456
Free-cash
5 652
52 454
100 600
65 352

Estimated living cost  is ₽42456 per week

₽27547
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3993
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽541
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10375
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽42890
₽59316
₽54494
₽58372
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
156 000
social contributions

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

-
-
-
54 210
income
-
-
-
17 878
surtax
-
-
-
-
total
-
-
-
72 088
Employee
43 135
-
126 060
-
surtax
-
-
-
-
social contributions
4 745
-
13 866
-
income
8 972
-
39 886
-
total
13 717
-
53 752
-
Employer
43 135
-
126 060
-
social contributions
10 244
-
29 940
-
total
10 244
-
29 940
-
Corporate
102 621
156 000
-
-
surtax
-
-
-
-
income
21 550
32 760
-
-
total
21 550
32 760
-
-
Dividends
81 071
123 240
-
-
withholding
22 699
34 506
-
-
total
22 699
34 506
-
-
Income
156 000
156 000
156 000
156 000
Total tax
68 210
67 266
83 692
72 088
After tax
87 790
88 734
72 308
83 912
Living cost
29 418
29 418
29 418
29 418
Free-cash
58 372
59 316
42 890
54 494

Estimated living cost  is ₽29418 per week

₽22011
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1735
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽491
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5181
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽41449
₽33326
₽42763
₽39773
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
156 000
other
-
-
-
4 836
social contributions
-
-
-
4 446
health
-
-
-
6 309
income
-
-
-
23 656
pensions
-
-
-
28 692
surtax
-
-
-
-
total
-
-
-
67 939
Employee
58 741
-
121 396
-
surtax
-
-
-
-
social contributions
1 673
-
3 458
-
income
5 125
-
23 023
-
pensions
6 644
-
8 167
-
total
13 442
-
34 648
-
Employer
58 741
-
121 396
-
other
2 027
-
4 619
-
unemployment
2 380
-
4 916
-
health
4 111
-
10 908
-
pensions
9 652
-
13 797
-
social contributions
176
-
365
-
total
18 346
-
34 605
-
Corporate
78 913
156 000
-
-
surtax
-
-
-
-
income
22 096
43 679
-
-
total
22 096
43 679
-
-
Dividends
56 817
112 321
-
-
social contributions
9 773
19 320
-
-
surtax
-
-
-
-
withholding
7 272
14 377
-
-
total
17 045
33 697
-
-
Income
156 000
156 000
156 000
156 000
Total tax
70 929
77 376
69 253
67 939
After tax
85 071
78 624
86 747
88 061
Living cost
45 298
45 298
45 298
45 298
Free-cash
39 773
33 326
41 449
42 763

Estimated living cost  is ₽45298 per week

₽30657
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3706
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽621
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10314
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽91160
₽112208
₽87015
₽109057
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
156 000
income
-
-
-
6 473
social contributions
-
-
-
34 320
total
-
-
-
40 793
Employee
30 152
-
135 064
-
income
-
-
6 934
-
social contributions
1 960
-
8 780
-
total
1 960
-
15 714
-
Employer
30 152
-
135 064
-
social contributions
4 674
-
20 934
-
total
4 674
-
20 934
-
Corporate
121 175
156 000
-
-
income
12 117
15 600
-
-
total
12 117
15 600
-
-
Dividends
109 058
140 400
-
-
total
-
-
-
-
Income
156 000
156 000
156 000
156 000
Total tax
18 751
15 600
36 648
40 793
After tax
137 249
140 400
119 352
115 207
Living cost
28 192
28 192
28 192
28 192
Free-cash
109 057
112 208
91 160
87 015

Estimated living cost  is ₽28192 per week

₽18229
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2125
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽530
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7308
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽48004
-₽48004
₽47427
-₽48004
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
156 000
labour market
-
-
-
12 415
pensions
-
-
-
812
national
-
-
-
18 022
municipal
-
-
-
32 231
total
-
-
-
63 480
Employee
190 328
190 328
190 328
-
labour market
15 205
15 205
15 205
-
municipal
40 529
40 529
40 529
-
national
23 252
23 252
23 252
-
pensions
271
271
271
-
total
79 257
79 257
79 257
-
Employer
190 328
190 328
190 328
-
national
23 293
23 293
23 293
-
labour market
15 226
15 226
15 226
-
pensions
541
541
541
-
municipal
40 594
40 594
40 594
-
total
79 654
79 654
79 654
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
156 000
156 000
156 000
156 000
Total tax
158 911
158 911
158 911
63 480
After tax
-2 911
-2 911
-2 911
92 520
Living cost
45 093
45 093
45 093
45 093
Free-cash
-48 004
-48 004
-48 004
47 427

Estimated living cost  is ₽45093 per week

₽30862
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3989
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽693
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9548
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽63906
-₽7832
₽86212
₽9496
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
156 000
other
-
-
-
350
health
-
-
-
2 059
accident
-
-
-
238
income
-
-
-
42 744
pensions
-
-
-
3 929
total
-
-
-
49 320
Employee
32 197
-
139 836
-
income
4 417
-
32 247
-
pensions
3 626
-
7 204
-
health
3 687
-
16 011
-
total
11 730
-
55 462
-
Employer
32 197
-
139 836
-
unemployment
789
-
3 426
-
accident
538
-
2 335
-
pensions
5 235
-
10 403
-
total
6 562
-
16 164
-
Corporate
117 241
156 000
-
-
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.

105 517
140 400
-
-
total
105 517
140 400
-
-
Dividends
11 724
15 600
-
-
withholding
2 227
2 964
-
-
total
2 227
2 964
-
-
Income
156 000
156 000
156 000
156 000
Total tax
126 036
143 364
71 626
49 320
After tax
29 964
12 636
84 374
106 680
Living cost
20 468
20 468
20 468
20 468
Free-cash
9 496
-7 832
63 906
86 212

Estimated living cost  is ₽20468 per week

₽14898
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1167
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽384
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4018
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽46413
₽62318
₽65948
₽64456
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
156 000
health
-
-
-
2 011
national
-
-
-
24 316
municipal
-
-
-
27 718
total
-
-
-
54 045
Employee
49 343
-
131 236
-
municipal
8 082
-
21 381
-
national
815
-
14 978
-
pensions
3 330
-
8 858
-
health
368
-
1 630
-
unemployment
740
-
1 968
-
total
13 335
-
48 815
-
Employer
49 343
-
131 236
-
unemployment
320
-
853
-
health
379
-
1 011
-
accident
50
-
132
-
pensions
8 561
-
22 769
-
total
9 310
-
24 765
-
Corporate
97 347
156 000
-
-
income
19 469
31 200
-
-
total
19 469
31 200
-
-
Dividends

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

58 408
93 600
-
-
national
2 910
9 628
-
-
municipal
10 513
16 847
-
-
total
13 423
26 475
-
-
Income
156 000
156 000
156 000
156 000
Total tax
55 537
57 675
73 580
54 045
After tax
100 463
98 325
82 420
101 955
Living cost
36 007
36 007
36 007
36 007
Free-cash
64 456
62 318
46 413
65 948

Estimated living cost  is ₽36007 per week

₽23520
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3463
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽573
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8452
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽83975
₽92120
₽85372
₽87014
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
156 000
social contributions
-
-
-
15 174
health
-
-
-
3 978
income
-
-
-
29 762
total
-
-
-
48 914
Employee
72 118
72 118
145 239
-
social contributions
2 727
5 985
8 073
-
income
7 852
6 676
29 009
-
health
559
1 226
2 469
-
total
11 138
13 887
39 551
-
Employer
72 118
72 118
145 239
-
health
607
1 335
2 687
-
social contributions
2 727
5 985
8 073
-
total
3 334
7 320
10 760
-
Corporate
119 814
76 562
-
-
income
14 977
9 570
-
-
total
14 977
9 570
-
-
Dividends
104 837
66 992
-
-
withholding
17 823
11 389
-
-
total
17 823
11 389
-
-
Income
156 000
156 000
156 000
156 000
Total tax
47 272
42 166
50 311
48 914
After tax
108 728
113 834
105 689
107 086
Living cost
21 714
21 714
21 714
21 714
Free-cash
87 014
92 120
83 975
85 372

Estimated living cost  is ₽21714 per week

₽13014
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2130
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.
₽6090
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽97115
₽114291
₽115926
₽109520
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

  • up to €9,000.00, 60% of the average monthly wage in Montenegro
  • up to €15,000.00, 100% of the average monthly wage in Montenegro
  • in excess of €15,000, 150% of the average monthly wage in Montenegro
-
-
-
156 000
health
-
-
-
3 394
income
-
-
-
15 796
pensions
-
-
-
5 966
unemployment
-
-
-
27
total
-
-
-
25 183
Employee

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

21 527
-
146 834
-
income
1 472
-
13 471
-
pensions
3 229
-
13 348
-
health
1 830
-
7 564
-
unemployment
107
-
445
-
total
6 638
-
34 828
-
Employer

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

21 527
-
146 834
-
unemployment
107
-
445
-
health
925
-
3 827
-
pensions
1 184
-
4 894
-
total
2 216
-
9 166
-
Corporate
132 257
156 000
-
-
income
11 903
14 041
-
-
total
11 903
14 041
-
-
Dividends
120 354
141 959
-
-
withholding
10 832
12 777
-
-
total
10 832
12 777
-
-
Income
156 000
156 000
156 000
156 000
Total tax
31 589
26 818
43 994
25 183
After tax
124 411
129 182
112 006
130 817
Living cost
14 890
14 890
14 890
14 890
Free-cash
109 520
114 291
97 115
115 926

Estimated living cost  is ₽14890 per week

₽9500
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1073
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽443
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3873
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽57926
₽78304
₽61860
₽74164
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
156 000
other
-
-
-
87
accident
-
-
-
783
income
-
-
-
42 271
pensions
-
-
-
24 600
unemployment
-
-
-
609
total
-
-
-
68 350
Employee
34 679
-
128 287
-
income
6 686
-
39 051
-
other
34
-
87
-
pensions
1 630
-
4 086
-
unemployment
537
-
1 347
-
total
8 887
-
44 571
-
Employer
34 679
-
128 287
-
other
278
-
696
-
unemployment
1 908
-
4 780
-
accident
687
-
1 721
-
pensions
8 183
-
20 516
-
total
11 056
-
27 713
-
Corporate
110 265
156 000
-
-
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.

16 540
23 401
-
-
total
16 540
23 401
-
-
Dividends
93 726
132 599
-
-
withholding
19 563
28 505
-
-
total
19 563
28 505
-
-
Income
156 000
156 000
156 000
156 000
Total tax
56 046
51 906
72 284
68 350
After tax
99 954
104 094
83 716
87 650
Living cost
25 790
25 790
25 790
25 790
Free-cash
74 164
78 304
57 926
61 860

Estimated living cost  is ₽25790 per week

₽17408
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2479
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽452
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5451
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽98528
₽95612
₽98651
₽95328
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
156 000
health
-
-
-
916
income
-
-
-
53 438
pensions
-
-
-
1 263
total
-
-
-
55 617
Employee
2 638
-
154 579
-
income
510
-
53 372
-
pensions
237
-
568
-
health
132
-
316
-
unemployment
26
-
63
-
total
905
-
54 319
-
Employer
2 638
-
154 579
-
unemployment
53
-
126
-
health
251
-
600
-
pensions
290
-
695
-
total
594
-
1 421
-
Corporate
152 769
156 000
-
-
income
33 609
34 320
-
-
total
33 609
34 320
-
-
Dividends
119 159
121 680
-
-
withholding
23 832
24 336
-
-
total
23 832
24 336
-
-
Income
156 000
156 000
156 000
156 000
Total tax
58 940
58 656
55 740
55 617
After tax
97 060
97 344
100 260
100 383
Living cost
1 732
1 732
1 732
1 732
Free-cash
95 328
95 612
98 528
98 651

Estimated living cost  is ₽1732 per week

₽1029
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽140
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽40
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽523
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽78546
₽96510
₽78546
₽91902
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

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

-
-
-
156 000
health
-
-
-
7 130
income
-
-
-
35 087
pensions
-
-
-
17 999
unemployment
-
-
-
1 038
total
-
-
-
61 254
Employee

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

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

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

24 428
-
143 608
-
income
3 367
-
35 087
-
pensions
3 420
-
9 692
-
health
1 258
-
3 565
-
unemployment
183
-
519
-
total
8 228
-
48 863
-
Employer

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

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

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

24 428
-
143 608
-
unemployment
183
-
519
-
health
1 258
-
3 565
-
pensions
2 931
-
8 307
-
total
4 372
-
12 391
-
Corporate
127 199
156 000
-
-
income
19 080
23 400
-
-
total
19 080
23 400
-
-
Dividends
108 119
132 600
-
-
withholding
16 218
19 890
-
-
total
16 218
19 890
-
-
Income
156 000
156 000
156 000
156 000
Total tax
47 898
43 290
61 254
61 254
After tax
108 102
112 710
94 746
94 746
Living cost
16 200
16 200
16 200
16 200
Free-cash
91 902
96 510
78 546
78 546

Estimated living cost  is ₽16200 per week

₽10907
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1253
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽469
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3571
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽47024
₽63450
₽58628
₽63111
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
156 000
social contributions

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

-
-
-
54 210
income
-
-
-
17 878
surtax
-
-
-
-
total
-
-
-
72 088
Employee
36 401
-
126 060
-
surtax
-
-
-
-
social contributions
4 005
-
13 866
-
income
7 112
-
39 886
-
total
11 117
-
53 752
-
Employer
36 401
-
126 060
-
social contributions
8 644
-
29 940
-
total
8 644
-
29 940
-
Corporate
110 955
156 000
-
-
surtax
-
-
-
-
income
23 301
32 760
-
-
total
23 301
32 760
-
-
Dividends
87 654
123 240
-
-
withholding
24 543
34 506
-
-
total
24 543
34 506
-
-
Income
156 000
156 000
156 000
156 000
Total tax
67 605
67 266
83 692
72 088
After tax
88 395
88 734
72 308
83 912
Living cost
25 284
25 284
25 284
25 284
Free-cash
63 111
63 450
47 024
58 628

Estimated living cost  is ₽25284 per week

₽17908
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1757
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽449
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5172
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽50755
₽71133
₽54689
₽64855
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
156 000
other
-
-
-
87
accident
-
-
-
783
income
-
-
-
42 271
pensions
-
-
-
24 600
unemployment
-
-
-
609
total
-
-
-
68 350
Employee
45 295
-
128 287
-
income
9 460
-
39 051
-
other
44
-
87
-
pensions
2 129
-
4 086
-
unemployment
701
-
1 347
-
total
12 334
-
44 571
-
Employer
45 295
-
128 287
-
other
363
-
696
-
unemployment
2 492
-
4 780
-
accident
897
-
1 721
-
pensions
10 689
-
20 516
-
total
14 441
-
27 713
-
Corporate
96 264
156 000
-
-
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.

14 439
23 401
-
-
total
14 439
23 401
-
-
Dividends
81 825
132 599
-
-
withholding
16 970
28 505
-
-
total
16 970
28 505
-
-
Income
156 000
156 000
156 000
156 000
Total tax
58 184
51 906
72 284
68 350
After tax
97 816
104 094
83 716
87 650
Living cost
32 961
32 961
32 961
32 961
Free-cash
64 855
71 133
50 755
54 689

Estimated living cost  is ₽32961 per week

₽23671
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2563
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽465
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6263
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽113970
₽117387
₽107936
₽111722
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
156 000
health
-
-
-
3 735
income
-
-
-
23 400
pensions

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

-
-
-
4 806
unemployment
-
-
-
130
total
-
-
-
32 071
Employee
21 177
-
149 629
-
income
2 118
-
14 963
-
accident

We are using the highest rate at 1.1%.

233
-
357
-
pensions

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

1 859
-
2 851
-
health
974
-
1 494
-
total
5 184
-
19 665
-
Employer
21 177
-
149 629
-
unemployment
127
-
195
-
health
1 461
-
2 241
-
accident

We are using the highest rate at 1.1%.

233
-
357
-
pensions

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

2 334
-
3 579
-
total
4 155
-
6 372
-
Corporate
130 668
156 000
-
-
income
13 066
15 600
-
-
total
13 066
15 600
-
-
Dividends
117 601
140 400
-
-
withholding
5 880
7 020
-
-
total
5 880
7 020
-
-
Income
156 000
156 000
156 000
156 000
Total tax
28 285
22 620
26 037
32 071
After tax
127 715
133 380
129 963
123 929
Living cost
15 993
15 993
15 993
15 993
Free-cash
111 722
117 387
113 970
107 936

Estimated living cost  is ₽15993 per week

₽10578
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽916
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽382
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4119
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽63585
₽44089
₽47457
₽56361
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
156 000
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.

-
-
-
6 407
income

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

-
-
-
47 202
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.

-
-
-
2 597
trade
-
-
-
16 128
total
-
-
-
72 334
Employee

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

46 665
-
156 000
-
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.

212
-
2 597
-
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.

3 837
-
47 202
-
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.

6 407
-
6 407
-
total
10 456
-
56 206
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
109 335
156 000
-
-
chamber of commerce
303
372
-
-
surtax

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

902
1 287
-
-
trade
15 689
22 386
-
-
income
16 401
23 401
-
-
total
33 295
47 446
-
-
Dividends
76 041
108 555
-
-
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.

1 025
1 474
-
-
withholding
18 654
26 782
-
-
total
19 679
28 256
-
-
Income
156 000
156 000
156 000
156 000
Total tax
63 430
75 702
56 206
72 334
After tax
92 570
80 298
99 794
83 666
Living cost
36 209
36 209
36 209
36 209
Free-cash
56 361
44 089
63 585
47 457

Estimated living cost  is ₽36209 per week

₽24977
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3896
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽525
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6809
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽29865
₽55776
₽29865
₽57846
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
156 000
income
-
-
-
46 897
social contributions
-
-
-
25 813
total
-
-
-
72 710
Employee
73 362
-
156 000
-
income
13 843
-
46 897
-
social contributions
6 095
-
25 813
-
total
19 938
-
72 710
-
Employer
73 362
-
156 000
-
total
-
-
-
-
Corporate
82 638
156 000
-
-
income
10 330
19 499
-
-
total
10 330
19 499
-
-
Dividends
72 308
136 501
-
-
withholding
14 461
27 300
-
-
total
14 461
27 300
-
-
Income
156 000
156 000
156 000
156 000
Total tax
44 729
46 799
72 710
72 710
After tax
111 271
109 201
83 290
83 290
Living cost
53 425
53 425
53 425
53 425
Free-cash
57 846
55 776
29 865
29 865

Estimated living cost  is ₽53425 per week

₽40645
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4353
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽511
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7916
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽77436
₽62400
₽89458
₽65678
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

We use The Residence Programme or The Global Residence Programme.

-
-
-
156 000
income
-
-
-
26 697
health

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

-
-
-
5 800
total
-
-
-
32 497
Employee
43 024
-
151 686
-
income
4 668
-
35 891
-
social contributions
4 311
-
4 314
-
total
8 979
-
40 205
-
Employer
43 024
-
151 686
-
social contributions
4 311
-
4 314
-
total
4 311
-
4 314
-
Corporate
108 665
156 000
-
-
income
38 032
54 600
-
-
total
38 032
54 600
-
-
Dividends
70 633
101 400
-
-
social contributions
4 955
4 955
-
-
total
4 955
4 955
-
-
Income
156 000
156 000
156 000
156 000
Total tax
56 277
59 555
44 519
32 497
After tax
99 723
96 445
111 481
123 503
Living cost
34 045
34 045
34 045
34 045
Free-cash
65 678
62 400
77 436
89 458

Estimated living cost  is ₽34045 per week

₽22425
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2684
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.
₽8413
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽55406
₽68472
₽69565
₽73959
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
156 000
income
-
-
-
43 813
pensions
-
-
-
8 194
total
-
-
-
52 007
Employee
47 257
-
136 343
-
income
8 606
-
34 373
-
health
616
-
2 005
-
pensions
3 607
-
10 131
-
total
12 829
-
46 509
-
Employer
47 257
-
136 343
-
health
898
-
2 590
-
pensions
4 774
-
17 067
-
total
5 672
-
19 657
-
Corporate
103 070
156 000
-
-
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.

19 584
29 639
-
-
total
19 584
29 639
-
-
Dividends
83 486
126 361
-
-
withholding
9 528
23 461
-
-
total
9 528
23 461
-
-
Income
156 000
156 000
156 000
156 000
Total tax
47 613
53 100
66 166
52 007
After tax
108 387
102 900
89 834
103 993
Living cost
34 428
34 428
34 428
34 428
Free-cash
73 959
68 472
55 406
69 565

Estimated living cost  is ₽34428 per week

₽23617
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3166
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽431
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7212
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽61880
-₽9858
₽84186
₽9186
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
156 000
other
-
-
-
350
health
-
-
-
2 059
accident
-
-
-
238
income
-
-
-
42 744
pensions
-
-
-
3 929
total
-
-
-
49 320
Employee
35 384
-
139 836
-
income
4 854
-
32 247
-
pensions
3 984
-
7 204
-
health
4 051
-
16 011
-
total
12 889
-
55 462
-
Employer
35 384
-
139 836
-
unemployment
867
-
3 426
-
accident
591
-
2 335
-
pensions
5 753
-
10 403
-
total
7 211
-
16 164
-
Corporate
113 405
156 000
-
-
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.

102 065
140 400
-
-
total
102 065
140 400
-
-
Dividends
11 340
15 600
-
-
withholding
2 155
2 964
-
-
total
2 155
2 964
-
-
Income
156 000
156 000
156 000
156 000
Total tax
124 320
143 364
71 626
49 320
After tax
31 680
12 636
84 374
106 680
Living cost
22 494
22 494
22 494
22 494
Free-cash
9 186
-9 858
61 880
84 186

Estimated living cost  is ₽22494 per week

₽16508
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1311
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽453
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4222
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽97144
₽118613
₽76531
₽114227
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
156 000
income
-
-
-
25 583
health insurance
-
-
-
11 093
work injury
-
-
-
750
pensions
-
-
-
27 583
unemployment
-
-
-
1 799
total
-
-
-
66 808
Employee

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

20 258
-
156 000
-
income
2 026
-
25 583
-
work injury
101
-
375
-
health insurance
1 499
-
5 547
-
pensions
3 728
-
13 791
-
unemployment
243
-
899
-
total
7 597
-
46 195
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
135 742
156 000
-
-
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%.

1 357
1 560
-
-
total
1 357
1 560
-
-
Dividends
134 384
154 440
-
-
withholding
20 158
23 166
-
-
total
20 158
23 166
-
-
Income
156 000
156 000
156 000
156 000
Total tax
29 112
24 726
46 195
66 808
After tax
126 888
131 274
109 805
89 192
Living cost
12 661
12 661
12 661
12 661
Free-cash
114 227
118 613
97 144
76 531

Estimated living cost  is ₽12661 per week

₽7844
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽920
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽395
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3502
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽29038
₽44808
₽35887
₽40543
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
156 000
social contributions
-
-
-
40 123
national
-
-
-
38 023
regional
-
-
-
3 562
municipal
-
-
-
1 043
total
-
-
-
82 751
Employee
79 031
-
156 000
-
social contributions
26 649
-
52 603
-
municipal
472
-
931
-
national
13 355
-
32 906
-
regional
1 193
-
3 160
-
total
41 669
-
89 600
-
Employer
79 031
-
156 000
-
total
-
-
-
-
Corporate
76 969
156 000
-
-
nationa
18 472
37 440
-
-
municipal
3 709
7 520
-
-
total
22 181
44 960
-
-
Dividends
54 788
111 041
-
-
withholding
14 245
28 870
-
-
total
14 245
28 870
-
-
Income
156 000
156 000
156 000
156 000
Total tax
78 095
73 830
89 600
82 751
After tax
77 905
82 170
66 400
73 249
Living cost
37 362
37 362
37 362
37 362
Free-cash
40 543
44 808
29 038
35 887

Estimated living cost  is ₽37362 per week

₽26245
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2570
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽564
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7982
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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

Close
[[ place.name ]], [[ place.country ]]

[[ row[2] ]] [[ row[0] ]]

Estimated living cost

Adjust living cost [[ detailsButtonText ]] Source

Additional information

Source

[[ $tc('message.data_source', {city: place.name}) ]] [[ place.name ]]

Close

[[ row[2] ]] [[ row[0] ]]

Estimated living cost

Adjust living cost [[ detailsButtonText ]] Source

Additional information

Source

[[ $tc('message.data_source', {city: place.name}) ]] [[ place.name ]]

Close