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
₽60180
₽49523
₽70968
₽53452
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
trade
-
-
-
17 516
income

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

-
-
-
46 705
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.

-
-
-
6 581
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.

-
-
-
2 568
total
-
-
-
73 370
Employee

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

36 844
-
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.

57
-
2 568
-
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.

6 581
-
6 581
-
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.

1 029
-
46 705
-
total
7 667
-
55 854
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
119 156
156 000
-
-
trade
18 767
24 571
-
-
income
17 873
23 401
-
-
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.

983
1 287
-
-
chamber of commerce
318
371
-
-
total
37 941
49 630
-
-
Dividends
81 214
106 370
-
-
withholding
19 937
26 227
-
-
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.

1 097
1 442
-
-
total
21 034
27 669
-
-
Income
156 000
156 000
156 000
156 000
Total tax
66 642
77 299
55 854
73 370
After tax
89 358
78 701
100 146
82 630
Living cost
29 178
29 178
29 178
29 178
Free-cash
60 180
49 523
70 968
53 452

Estimated living cost  is ₽29178 per week

₽18354
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3402
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽545
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6877
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽46963
₽47788
₽43992
₽42768
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
municipal
-
-
-
16 975
national
-
-
-
26 304
total
-
-
-
63 676
Employee
76 821
-
134 861
-
national
14 703
-
27 240
-
municipal
9 489
-
17 579
-
pensions
3 073
-
5 394
-
total
27 265
-
50 213
-
Employer
76 821
-
134 861
-
pensions
6 146
-
10 789
-
social contributions
826
-
1 450
-
total
6 972
-
12 239
-
Corporate
67 138
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%.

13 428
31 200
-
-
total
13 428
31 200
-
-
Dividends
53 710
124 800
-
-
withholding
11 816
27 456
-
-
total
11 816
27 456
-
-
Income
156 000
156 000
156 000
156 000
Total tax
59 481
58 656
62 452
63 676
After tax
96 519
97 344
93 548
92 324
Living cost
49 556
49 556
49 556
49 556
Free-cash
46 963
47 788
43 992
42 768

Estimated living cost  is ₽49556 per week

₽33683
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4607
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽742
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10525
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽96857
₽104760
₽73603
₽32616
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
36 908
income
-
-
-
26 655
microenterprise
-
-
-
-
surtax
-
-
-
39 780
total
-
-
-
103 343
Employee
28 148
-
114 209
-
surtax
-
-
-
-
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.

3 097
-
12 562
-
income
5 011
-
22 282
-
total
8 108
-
34 844
-
Employer
28 148
-
114 209
-
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.

6 780
-
27 512
-
surtax
-
-
-
-
total
6 780
-
27 512
-
Corporate
121 072
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%.

24 214
31 199
-
-
total
24 214
31 199
-
-
Dividends

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

96 857
124 801
-
-
total
-
-
-
-
Income
156 000
156 000
156 000
156 000
Total tax
39 102
31 199
62 356
103 343
After tax
116 898
124 801
93 644
52 657
Living cost
20 041
20 041
20 041
20 041
Free-cash
96 857
104 760
73 603
32 616

Estimated living cost  is ₽20041 per week

₽12785
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1908
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.
₽4892
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽30775
₽36678
₽55625
₽46722
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
45 759
pensions
-
-
-
11 286
health
-
-
-
11 879
total
-
-
-
68 924
Employee
82 262
82 262
138 098
-
health
12 626
10 740
11 879
-
pensions
14 807
11 286
11 286
-
income

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

13 465
13 465
18 953
-
total
40 898
35 491
42 118
-
Employer
82 262
82 262
138 098
-
pensions
5 725
5 725
7 117
-
unemployment
2 961
2 961
3 680
-
health
5 718
5 718
7 106
-
total
14 404
14 404
17 903
-
Corporate
60 342
59 333
-
-
income
12 069
11 866
-
-
total
12 069
11 866
-
-
Dividends
48 273
47 467
-
-
withholding
7 241
7 120
-
-
income
10 259
10 087
-
-
total
17 500
17 207
-
-
Income
156 000
156 000
156 000
156 000
Total tax
84 871
78 968
60 021
68 924
After tax
71 129
77 032
95 979
87 076
Living cost
40 354
40 354
40 354
40 354
Free-cash
30 775
36 678
55 625
46 722

Estimated living cost  is ₽40354 per week

₽28598
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3638
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽642
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7477
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽43942
₽44847
₽40156
₽41135
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
10 271
unemployment
-
-
-
88
pensions
-
-
-
9 555
municipal
-
-
-
38 884
accident
-
-
-
177
national
-
-
-
10 046
health
-
-
-
5 515
total
-
-
-
74 536
Employee
57 465
-
128 229
-
national
-
-
9 505
-
municipal
17 136
-
38 238
-
total
17 136
-
47 743
-
Employer
57 465
-
128 229
-
other
6 678
-
10 271
-
accident
115
-
177
-
pensions
6 212
-
9 555
-
unemployment
1 517
-
2 333
-
health
3 534
-
5 436
-
total
18 056
-
27 772
-
Corporate
80 479
156 000
-
-
income
17 705
34 320
-
-
total
17 705
34 320
-
-
Dividends
62 774
121 680
-
-
withholding
18 832
36 504
-
-
total
18 832
36 504
-
-
Income
156 000
156 000
156 000
156 000
Total tax
71 729
70 824
75 515
74 536
After tax
84 271
85 176
80 485
81 464
Living cost
40 329
40 329
40 329
40 329
Free-cash
43 942
44 847
40 156
41 135

Estimated living cost  is ₽40329 per week

₽26728
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3957
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽612
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9031
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽53594
₽40058
₽62304
₽44009
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
trade
-
-
-
18 295
income

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

-
-
-
46 705
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.

-
-
-
6 581
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.

-
-
-
2 568
total
-
-
-
74 149
Employee

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

48 851
-
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.

230
-
2 568
-
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.

6 581
-
6 581
-
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.

4 197
-
46 705
-
total
11 008
-
55 854
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
107 149
156 000
-
-
trade
17 626
25 662
-
-
income
16 072
23 401
-
-
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.

885
1 287
-
-
chamber of commerce
298
367
-
-
total
34 881
50 717
-
-
Dividends
72 268
105 283
-
-
withholding
17 701
25 955
-
-
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.

974
1 428
-
-
total
18 675
27 383
-
-
Income
156 000
156 000
156 000
156 000
Total tax
64 564
78 100
55 854
74 149
After tax
91 436
77 900
100 146
81 851
Living cost
37 842
37 842
37 842
37 842
Free-cash
53 594
40 058
62 304
44 009

Estimated living cost  is ₽37842 per week

₽25309
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3991
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽565
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7978
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽78609
₽82601
₽74655
₽76067
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
15 586
income
-
-
-
29 124
health
-
-
-
3 978
total
-
-
-
48 688
Employee
74 073
74 073
145 024
-
health
737
1 260
2 466
-
social contributions
3 599
6 148
8 292
-
income
7 778
6 857
28 366
-
total
12 114
14 265
39 124
-
Employer
74 073
74 073
145 024
-
social contributions
3 599
6 148
8 292
-
health
803
1 371
2 684
-
total
4 402
7 519
10 976
-
Corporate
108 239
74 408
-
-
income
13 529
9 301
-
-
total
13 529
9 301
-
-
Dividends
94 710
65 107
-
-
withholding
16 101
11 069
-
-
total
16 101
11 069
-
-
Income
156 000
156 000
156 000
156 000
Total tax
46 146
42 154
50 100
48 688
After tax
109 854
113 846
105 900
107 312
Living cost
31 245
31 245
31 245
31 245
Free-cash
78 609
82 601
74 655
76 067

Estimated living cost  is ₽31245 per week

₽21359
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2440
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.
₽6921
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽70102
₽69727
₽72493
₽90127
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
unemployment
-
-
-
2 340
income
-
-
-
19 071
pensions
-
-
-
15 600
health
-
-
-
10 920
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.

25 900
10 308
130 544
-
unemployment
389
155
1 958
-
health
1 813
722
9 138
-
pensions
2 590
1 031
13 054
-
income
3 166
1 260
15 959
-
total
7 958
3 168
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.

25 900
10 308
130 544
-
pensions
5 051
2 010
25 456
-
total
5 051
2 010
25 456
-
Corporate
125 049
143 682
-
-
income
11 254
12 931
-
-
total
11 254
12 931
-
-
Dividends
113 795
130 751
-
-
withholding
21 621
24 843
-
-
social contributions
22 072
25 379
-
-
total
43 693
50 222
-
-
Income
156 000
156 000
156 000
156 000
Total tax
67 956
68 331
65 565
47 931
After tax
88 044
87 669
90 435
108 069
Living cost
17 942
17 942
17 942
17 942
Free-cash
70 102
69 727
72 493
90 127

Estimated living cost  is ₽17942 per week

₽12244
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1468
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽358
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3872
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽95548
₽101534
₽66649
₽60350
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
20 904
pensions
-
-
-
31 199
health
-
-
-
20 280
total
-
-
-
72 383
Employee
27 327
-
116 593
-
unemployment
437
-
1 865
-
pensions
547
-
2 333
-
income
3 077
-
22 479
-
total
4 061
-
26 677
-
Employer
27 327
-
116 593
-
pensions
5 466
-
23 319
-
unemployment
219
-
932
-
health
3 552
-
15 156
-
total
9 237
-
39 407
-
Corporate
119 436
156 000
-
-
income
23 887
31 199
-
-
total
23 887
31 199
-
-
Dividends
95 548
124 801
-
-
total
-
-
-
-
Income
156 000
156 000
156 000
156 000
Total tax
37 185
31 199
66 084
72 383
After tax
118 815
124 801
89 916
83 617
Living cost
23 267
23 267
23 267
23 267
Free-cash
95 548
101 534
66 649
60 350

Estimated living cost  is ₽23267 per week

₽15959
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1386
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽468
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5455
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽9312
-₽9025
₽62462
₽85044
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
365
income
-
-
-
42 437
pensions
-
-
-
4 097
accident
-
-
-
249
health
-
-
-
2 147
total
-
-
-
49 295
Employee
34 074
-
139 409
-
health
3 902
-
15 962
-
pensions
3 837
-
7 512
-
income
4 675
-
31 811
-
total
12 414
-
55 285
-
Employer
34 074
-
139 409
-
accident
569
-
2 328
-
pensions
5 541
-
10 848
-
unemployment
835
-
3 416
-
total
6 945
-
16 592
-
Corporate
114 981
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.

103 483
140 400
-
-
total
103 483
140 400
-
-
Dividends
11 498
15 600
-
-
withholding
2 185
2 964
-
-
total
2 185
2 964
-
-
Income
156 000
156 000
156 000
156 000
Total tax
125 027
143 364
71 877
49 295
After tax
30 973
12 636
84 123
106 705
Living cost
21 661
21 661
21 661
21 661
Free-cash
9 312
-9 025
62 462
85 044

Estimated living cost  is ₽21661 per week

₽15876
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1200
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.
₽4134
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽138861
₽140336
₽116936
₽146576
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
9 830
-
156 000
-
income
1 966
-
31 200
-
total
1 966
-
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%.

146 170
156 000
-
-
total
-
-
-
-
Dividends
146 170
156 000
-
-
withholding
7 309
7 800
-
-
total
7 309
7 800
-
-
Income
156 000
156 000
156 000
156 000
Total tax
9 275
7 800
31 200
1 560
After tax
146 725
148 200
124 800
154 440
Living cost
7 864
7 864
7 864
7 864
Free-cash
138 861
140 336
116 936
146 576

Estimated living cost  is ₽7864 per week

₽4874
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽654
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽216
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2121
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽82440
₽88945
₽63075
₽58988
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
6 958
income
-
-
-
22 783
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.

-
-
-
35 157
health
-
-
-
6 446
total
-
-
-
71 344
Employee
34 976
-
124 600
-
unemployment
349
-
1 247
-
health
490
-
1 744
-
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.

2 448
-
8 722
-
income
6 022
-
24 145
-
total
9 309
-
35 858
-
Employer
34 976
-
124 600
-
other
1 749
-
6 230
-
accident
280
-
996
-
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.

5 947
-
21 182
-
unemployment
349
-
1 247
-
health
490
-
1 744
-
total
8 815
-
31 399
-
Corporate
112 209
156 000
-
-
income
23 564
32 760
-
-
total
23 564
32 760
-
-
Dividends
88 645
123 240
-
-
withholding
6 204
8 627
-
-
total
6 204
8 627
-
-
Income
156 000
156 000
156 000
156 000
Total tax
47 892
41 387
67 257
71 344
After tax
108 108
114 613
88 743
84 656
Living cost
25 668
25 668
25 668
25 668
Free-cash
82 440
88 945
63 075
58 988

Estimated living cost  is ₽25668 per week

₽18136
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1733
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽413
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5385
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽39605
₽39393
₽26115
₽40303
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
43 221
pensions
-
-
-
8 367
total
-
-
-
51 588
Employee
90 705
-
136 392
-
health
1 495
-
2 027
-
pensions
8 751
-
10 385
-
income
16 351
-
33 759
-
total
26 597
-
46 171
-
Employer
90 705
-
136 392
-
pensions
10 710
-
17 013
-
health
1 723
-
2 592
-
total
12 433
-
19 605
-
Corporate
52 862
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.

10 045
29 640
-
-
total
10 045
29 640
-
-
Dividends
42 818
126 360
-
-
withholding
3 211
22 858
-
-
total
3 211
22 858
-
-
Income
156 000
156 000
156 000
156 000
Total tax
52 286
52 498
65 776
51 588
After tax
103 714
103 502
90 224
104 412
Living cost
64 109
64 109
64 109
64 109
Free-cash
39 605
39 393
26 115
40 303

Estimated living cost  is ₽64109 per week

₽48038
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽7532
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.
₽8018
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽116278
₽120751
₽116957
₽110988
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
unemployment
-
-
-
135
income
-
-
-
23 400
pensions

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

-
-
-
4 979
health
-
-
-
3 869
total
-
-
-
32 383
Employee
16 722
-
149 399
-
accident

We are using the highest rate at 1.1%.

184
-
370
-
health
769
-
1 548
-
pensions

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

1 468
-
2 954
-
income
1 672
-
14 940
-
total
4 093
-
19 812
-
Employer
16 722
-
149 399
-
accident

We are using the highest rate at 1.1%.

184
-
370
-
pensions

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

1 843
-
3 708
-
unemployment
100
-
202
-
health
1 154
-
2 322
-
total
3 281
-
6 602
-
Corporate
135 996
156 000
-
-
income
13 599
15 600
-
-
total
13 599
15 600
-
-
Dividends
122 397
140 400
-
-
withholding
6 120
7 020
-
-
total
6 120
7 020
-
-
Income
156 000
156 000
156 000
156 000
Total tax
27 093
22 620
26 414
32 383
After tax
128 907
133 380
129 586
123 617
Living cost
12 629
12 629
12 629
12 629
Free-cash
116 278
120 751
116 957
110 988

Estimated living cost  is ₽12629 per week

₽7373
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽902
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽335
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4020
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽26038
₽23616
₽42563
₽33660
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
45 759
pensions
-
-
-
11 286
health
-
-
-
11 879
total
-
-
-
68 924
Employee
89 310
82 262
138 098
-
health
11 142
10 740
11 879
-
pensions
11 286
11 286
11 286
-
income

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

13 465
13 465
18 953
-
total
35 893
35 491
42 118
-
Employer
89 310
82 262
138 098
-
pensions
6 215
5 725
7 117
-
unemployment
3 216
2 961
3 680
-
health
6 206
5 718
7 106
-
total
15 637
14 404
17 903
-
Corporate
51 053
59 333
-
-
income
10 210
11 866
-
-
total
10 210
11 866
-
-
Dividends
40 843
47 467
-
-
withholding
6 126
7 120
-
-
income
8 680
10 087
-
-
total
14 806
17 207
-
-
Income
156 000
156 000
156 000
156 000
Total tax
76 546
78 968
60 021
68 924
After tax
79 454
77 032
95 979
87 076
Living cost
53 416
53 416
53 416
53 416
Free-cash
26 038
23 616
42 563
33 660

Estimated living cost  is ₽53416 per week

₽39404
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4771
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽612
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8630
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽74767
₽83349
₽55107
₽61218
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
34 617
income
-
-
-
15 048
health
-
-
-
21 060
solidarity contribution
-
-
-
-
total
-
-
-
70 725
Employee
35 378
-
116 418
-
solidarity contribution
-
-
-
-
health
4 776
-
15 716
-
social contributions
2 300
-
7 567
-
income
4 245
-
13 970
-
total
11 321
-
37 253
-
Employer
35 378
-
116 418
-
social contributions
8 844
-
29 105
-
health
3 184
-
10 478
-
total
12 028
-
39 583
-
Corporate
108 594
156 000
-
-
income
20 633
29 640
-
-
total
20 633
29 640
-
-
Dividends
87 961
126 360
-
-
withholding
13 194
18 954
-
-
total
13 194
18 954
-
-
Income
156 000
156 000
156 000
156 000
Total tax
57 176
48 594
76 836
70 725
After tax
98 824
107 406
79 164
85 275
Living cost
24 057
24 057
24 057
24 057
Free-cash
74 767
83 349
55 107
61 218

Estimated living cost  is ₽24057 per week

₽16710
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1711
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽473
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5162
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽37553
₽42585
₽27662
₽34708
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
regional
-
-
-
1 827
social contributions
-
-
-
40 124
municipal
-
-
-
927
national
-
-
-
37 766
total
-
-
-
80 644
Employee
85 612
-
156 000
-
national
14 835
-
32 649
-
regional
808
-
1 611
-
municipal
453
-
826
-
social contributions
28 869
-
52 604
-
total
44 965
-
87 690
-
Employer
85 612
-
156 000
-
total
-
-
-
-
Corporate
70 388
156 000
-
-
nationa
16 893
37 440
-
-
municipal
2 746
6 084
-
-
total
19 639
43 524
-
-
Dividends
50 749
112 476
-
-
withholding
13 195
29 243
-
-
total
13 195
29 243
-
-
Income
156 000
156 000
156 000
156 000
Total tax
77 799
72 767
87 690
80 644
After tax
78 201
83 233
68 310
75 356
Living cost
40 648
40 648
40 648
40 648
Free-cash
37 553
42 585
27 662
34 708

Estimated living cost  is ₽40648 per week

₽28335
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2665
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽623
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9023
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽73869
₽76867
₽46695
₽52747
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
-
unemployment
-
-
-
219
income
-
-
-
40 895
pensions
-
-
-
25 713
health
-
-
-
9 127
surtax
-
-
-
6 042
total
-
-
-
81 996
Employee
31 856
-
128 938
-
surtax
104
-
5 051
-
unemployment
2 217
-
8 948
-
other
-
-
-
-
health
813
-
3 278
-
pensions
2 124
-
8 575
-
income
5 340
-
35 133
-
total
10 598
-
60 985
-
Employer
31 856
-
128 938
-
other
-
-
-
-
pensions
4 247
-
17 138
-
unemployment
1 009
-
4 075
-
health
1 450
-
5 850
-
total
6 706
-
27 063
-
Corporate
117 439
156 000
-
-
income
30 534
40 561
-
-
total
30 534
40 561
-
-
Dividends
86 905
115 439
-
-
withholding
13 036
17 315
-
-
total
13 036
17 315
-
-
Income
156 000
156 000
156 000
156 000
Total tax
60 874
57 876
88 048
81 996
After tax
95 126
98 124
67 952
74 004
Living cost
21 257
21 257
21 257
21 257
Free-cash
73 869
76 867
46 695
52 747

Estimated living cost  is ₽21257 per week

₽12997
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1961
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽490
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5808
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽65542
₽59704
₽46426
₽60614
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
43 221
pensions
-
-
-
8 367
total
-
-
-
51 588
Employee
60 788
-
136 392
-
health
882
-
2 027
-
pensions
5 160
-
10 385
-
income
10 948
-
33 759
-
total
16 990
-
46 171
-
Employer
60 788
-
136 392
-
pensions
6 580
-
17 013
-
health
1 155
-
2 592
-
total
7 735
-
19 605
-
Corporate
87 477
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.

16 621
29 640
-
-
total
16 621
29 640
-
-
Dividends
70 856
126 360
-
-
withholding
5 314
22 858
-
-
total
5 314
22 858
-
-
Income
156 000
156 000
156 000
156 000
Total tax
46 660
52 498
65 776
51 588
After tax
109 340
103 502
90 224
104 412
Living cost
43 798
43 798
43 798
43 798
Free-cash
65 542
59 704
46 426
60 614

Estimated living cost  is ₽43798 per week

₽32813
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3283
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽458
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7243
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽27466
-₽5341
₽43083
₽50671
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
3 119
city
-
-
-
1 644
regional
-
-
-
7 166
pensions
-
-
-
14 352
national
-
-
-
2 021
health
-
-
-
351
total
-
-
-
28 653
Employee
89 731
-
139 627
-
national
425
-
1 663
-
unemployment
-
-
-
-
city
963
-
1 501
-
regional
2 938
-
6 196
-
health
203
-
315
-
pensions
7 539
-
11 729
-
total
12 068
-
21 404
-
Employer
89 731
-
139 627
-
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.

1 794
-
2 793
-
pensions
7 539
-
11 729
-
unemployment
-
-
-
-
health
203
-
315
-
total
9 536
-
14 837
-
Corporate
55 747
156 000
-
-
regional
11 790
32 994
-
-
national
4 738
13 259
-
-
total
16 528
46 253
-
-
Dividends
39 219
109 746
-
-
withholding
13 726
38 412
-
-
total
13 726
38 412
-
-
Income
156 000
156 000
156 000
156 000
Total tax
51 858
84 665
36 241
28 653
After tax
104 142
71 335
119 759
127 347
Living cost
76 676
76 676
76 676
76 676
Free-cash
27 466
-5 341
43 083
50 671

Estimated living cost  is ₽76676 per week

₽49861
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽6881
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽941
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽18992
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽48591
₽32969
₽56017
₽36943
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
trade
-
-
-
19 074
income

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

-
-
-
46 705
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.

-
-
-
6 581
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.

-
-
-
2 568
total
-
-
-
74 928
Employee

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

57 893
-
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.

375
-
2 568
-
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.

6 581
-
6 581
-
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.

6 808
-
46 705
-
total
13 764
-
55 854
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
98 107
156 000
-
-
trade
16 825
26 753
-
-
income
14 716
23 401
-
-
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.

810
1 287
-
-
chamber of commerce
285
366
-
-
total
32 636
51 807
-
-
Dividends
65 471
104 193
-
-
withholding
16 001
25 682
-
-
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.

879
1 413
-
-
total
16 880
27 095
-
-
Income
156 000
156 000
156 000
156 000
Total tax
63 280
78 902
55 854
74 928
After tax
92 720
77 098
100 146
81 072
Living cost
44 129
44 129
44 129
44 129
Free-cash
48 591
32 969
56 017
36 943

Estimated living cost  is ₽44129 per week

₽32230
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3530
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽574
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7797
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽51356
₽45666
₽54293
₽55178
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
4 835
social contributions
-
-
-
4 444
income
-
-
-
23 298
pensions
-
-
-
29 119
health
-
-
-
6 168
surtax
-
-
-
-
total
-
-
-
67 864
Employee
41 228
-
121 644
-
surtax
-
-
-
-
pensions
4 662
-
8 080
-
social contributions
1 175
-
3 466
-
income
2 433
-
22 846
-
total
8 270
-
34 392
-
Employer
41 228
-
121 644
-
other
1 422
-
4 584
-
pensions
6 773
-
13 671
-
unemployment
1 669
-
4 927
-
social contributions
124
-
366
-
health
2 886
-
10 809
-
total
12 874
-
34 357
-
Corporate
101 897
156 000
-
-
income
28 532
43 679
-
-
surtax
-
-
-
-
total
28 532
43 679
-
-
Dividends
73 365
112 321
-
-
withholding
9 391
14 378
-
-
social contributions
12 619
19 319
-
-
surtax
-
-
-
-
total
22 010
33 697
-
-
Income
156 000
156 000
156 000
156 000
Total tax
71 686
77 376
68 749
67 864
After tax
84 314
78 624
87 251
88 136
Living cost
32 958
32 958
32 958
32 958
Free-cash
51 356
45 666
54 293
55 178

Estimated living cost  is ₽32958 per week

₽20781
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2680
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽561
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8937
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽54284
₽48932
₽57559
₽58444
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
4 835
social contributions
-
-
-
4 444
income
-
-
-
23 298
pensions
-
-
-
29 119
health
-
-
-
6 168
surtax
-
-
-
-
total
-
-
-
67 864
Employee
36 802
-
121 644
-
surtax
-
-
-
-
pensions
4 162
-
8 080
-
social contributions
1 049
-
3 466
-
income
1 898
-
22 846
-
total
7 109
-
34 392
-
Employer
36 802
-
121 644
-
other
1 270
-
4 584
-
pensions
6 047
-
13 671
-
unemployment
1 490
-
4 927
-
social contributions
110
-
366
-
health
2 576
-
10 809
-
total
11 493
-
34 357
-
Corporate
107 705
156 000
-
-
income
30 157
43 679
-
-
surtax
-
-
-
-
total
30 157
43 679
-
-
Dividends
77 548
112 321
-
-
withholding
9 926
14 378
-
-
social contributions
13 339
19 319
-
-
surtax
-
-
-
-
total
23 265
33 697
-
-
Income
156 000
156 000
156 000
156 000
Total tax
72 024
77 376
68 749
67 864
After tax
83 976
78 624
87 251
88 136
Living cost
29 692
29 692
29 692
29 692
Free-cash
54 284
48 932
57 559
58 444

Estimated living cost  is ₽29692 per week

₽17220
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3016
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽563
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8893
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽75246
₽74745
₽76938
₽79753
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
21 529
income
-
-
-
23 401
health
-
-
-
10 890
total
-
-
-
55 820
Employee
32 662
-
156 000
-
health
2 280
-
10 890
-
social contributions
4 508
-
21 529
-
income
5 448
-
26 216
-
total
12 236
-
58 635
-
Employer
32 662
-
156 000
-
total
-
-
-
-
Corporate
123 338
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%.

6 168
7 800
-
-
total
6 168
7 800
-
-
Dividends
117 171
148 200
-
-
health
8 179
10 345
-
-
withholding
17 575
22 231
-
-
social contributions
16 169
20 452
-
-
total
41 923
53 028
-
-
Income
156 000
156 000
156 000
156 000
Total tax
60 327
60 828
58 635
55 820
After tax
95 673
95 172
97 365
100 180
Living cost
20 427
20 427
20 427
20 427
Free-cash
75 246
74 745
76 938
79 753

Estimated living cost  is ₽20427 per week

₽13670
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1260
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽470
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5025
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽51012
₽52500
₽7155
₽46088
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
chamber of commerce
-
-
-
623
unemployment
-
-
-
5 908
income
-
-
-
39 820
pensions
-
-
-
20 820
health
-
-
-
8 608
surtax
-
-
-
190
total
-
-
-
75 969
Employee
48 141
38 389
122 684
-
unemployment
1 444
1 152
3 376
-
other
481
384
1 126
-
health
1 863
1 486
4 354
-
pensions
4 930
3 930
11 524
-
income
5 480
2 832
31 450
-
total
14 198
9 784
51 830
-
Employer
48 141
38 389
122 684
-
payroll
1 444
1 152
3 680
-
other
2 287
1 823
5 740
-
accident
625
499
1 462
-
pensions
6 042
4 819
14 123
-
unemployment
1 444
1 152
3 376
-
chamber of commerce
192
154
490
-
surtax
190
190
190
-
health
1 819
1 451
4 254
-
total
14 043
11 240
33 315
-
Corporate
93 815
106 372
119 028
-
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.

23 454
26 593
29 757
-
total
23 454
26 593
29 757
-
Dividends
70 362
79 780
-
-
withholding
19 350
21 940
-
-
total
19 350
21 940
-
-
Income
156 000
156 000
156 000
156 000
Total tax
71 045
69 557
114 902
75 969
After tax
84 955
86 443
41 098
80 031
Living cost
33 943
33 943
33 943
33 943
Free-cash
51 012
52 500
7 155
46 088

Estimated living cost  is ₽33943 per week

₽22639
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2896
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽558
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7851
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽37704
₽52152
₽20565
₽32420
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
24 017
national
-
-
-
56 521
communal

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

-
-
-
7 919
total
-
-
-
88 457
Employee

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

68 906
-
120 827
-
national
21 184
-
43 047
-
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.

600
-
1 051
-
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.

3 237
-
5 678
-
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.

5 168
-
9 062
-
communal

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

3 594
-
6 301
-
total
33 783
-
65 139
-
Employer

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

68 906
-
120 827
-
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.

896
-
1 570
-
pensions

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

6 106
-
10 705
-
unemployment

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

1 005
-
1 764
-
surtax
7 813
-
13 703
-
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.

4 237
-
7 431
-
total
20 057
-
35 173
-
Corporate
67 037
156 000
-
-
income
13 407
31 199
-
-
surtax
269
623
-
-
total
13 676
31 822
-
-
Dividends
53 362
124 177
-
-
withholding

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

15 657
36 903
-
-
total
15 657
36 903
-
-
Income
156 000
156 000
156 000
156 000
Total tax
83 173
68 725
100 312
88 457
After tax
72 827
87 275
55 688
67 543
Living cost
35 123
35 123
35 123
35 123
Free-cash
37 704
52 152
20 565
32 420

Estimated living cost  is ₽35123 per week

₽22624
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3071
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.
₽8879
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽62509
₽69360
₽48868
₽52911
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
90
unemployment
-
-
-
625
income
-
-
-
41 514
pensions
-
-
-
25 267
accident
-
-
-
804
total
-
-
-
68 300
Employee
47 951
-
127 535
-
unemployment
744
-
1 384
-
other
48
-
90
-
pensions
2 254
-
4 197
-
income
10 117
-
38 207
-
total
13 163
-
43 878
-
Employer
47 951
-
127 535
-
other
382
-
715
-
accident
949
-
1 768
-
pensions
11 316
-
21 072
-
unemployment
2 638
-
4 910
-
total
15 285
-
28 465
-
Corporate
92 765
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.

13 915
23 401
-
-
total
13 915
23 401
-
-
Dividends
78 850
132 599
-
-
withholding
16 339
28 450
-
-
total
16 339
28 450
-
-
Income
156 000
156 000
156 000
156 000
Total tax
58 702
51 851
72 343
68 300
After tax
97 298
104 149
83 657
87 700
Living cost
34 789
34 789
34 789
34 789
Free-cash
62 509
69 360
48 868
52 911

Estimated living cost  is ₽34789 per week

₽25618
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2468
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽501
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6201
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽28069
₽39729
₽32529
₽26310
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
24 089
pensions
-
-
-
23 383
accident
-
-
-
1 314
communal
-
-
-
9 859
health
-
-
-
10 961
surtax
-
-
-
7 734
total
-
-
-
77 340
Employee
72 950
-
139 348
-
surtax
4 471
-
8 541
-
health
3 247
-
6 201
-
pensions
5 835
-
11 147
-
income
7 046
-
28 581
-
total
20 599
-
54 470
-
Employer
72 950
-
139 348
-
accident
656
-
1 254
-
pensions
5 835
-
11 147
-
health
2 225
-
4 250
-
total
8 716
-
16 651
-
Corporate
74 334
156 000
-
-
income
11 149
23 401
-
-
communal
5 018
10 530
-
-
surtax
781
1 638
-
-
total
16 948
35 569
-
-
Dividends
57 386
120 432
-
-
withholding
8 608
18 065
-
-
income
20 710
10 287
-
-
total
29 318
28 352
-
-
Income
156 000
156 000
156 000
156 000
Total tax
75 581
63 921
71 121
77 340
After tax
80 419
92 079
84 879
78 660
Living cost
52 350
52 350
52 350
52 350
Free-cash
28 069
39 729
32 529
26 310

Estimated living cost  is ₽52350 per week

₽39270
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3172
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽554
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9352
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽73425
₽76487
₽46315
₽52367
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
-
unemployment
-
-
-
219
income
-
-
-
40 895
pensions
-
-
-
25 713
health
-
-
-
9 127
surtax
-
-
-
6 042
total
-
-
-
81 996
Employee
32 441
-
128 938
-
surtax
115
-
5 051
-
unemployment
2 258
-
8 948
-
other
-
-
-
-
health
828
-
3 278
-
pensions
2 164
-
8 575
-
income
5 438
-
35 133
-
total
10 803
-
60 985
-
Employer
32 441
-
128 938
-
other
-
-
-
-
pensions
4 325
-
17 138
-
unemployment
1 029
-
4 075
-
health
1 475
-
5 850
-
total
6 829
-
27 063
-
Corporate
116 730
156 000
-
-
income
30 349
40 561
-
-
total
30 349
40 561
-
-
Dividends
86 381
115 439
-
-
withholding
12 957
17 315
-
-
total
12 957
17 315
-
-
Income
156 000
156 000
156 000
156 000
Total tax
60 938
57 876
88 048
81 996
After tax
95 062
98 124
67 952
74 004
Living cost
21 637
21 637
21 637
21 637
Free-cash
73 425
76 487
46 315
52 367

Estimated living cost  is ₽21637 per week

₽13063
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1881
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽503
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6192
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽53910
₽56048
₽41872
₽48882
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
regional
-
-
-
2 352
social contributions
-
-
-
40 124
municipal
-
-
-
927
national
-
-
-
37 766
total
-
-
-
81 169
Employee
53 436
-
156 000
-
national
8 466
-
32 649
-
regional
719
-
2 100
-
municipal
283
-
826
-
social contributions
18 019
-
52 604
-
total
27 487
-
88 179
-
Employer
53 436
-
156 000
-
total
-
-
-
-
Corporate
102 564
156 000
-
-
nationa
24 615
37 440
-
-
municipal
5 097
7 753
-
-
total
29 712
45 193
-
-
Dividends
72 853
110 807
-
-
withholding
18 942
28 810
-
-
total
18 942
28 810
-
-
Income
156 000
156 000
156 000
156 000
Total tax
76 141
74 003
88 179
81 169
After tax
79 859
81 997
67 821
74 831
Living cost
25 949
25 949
25 949
25 949
Free-cash
53 910
56 048
41 872
48 882

Estimated living cost  is ₽25949 per week

₽16138
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2629
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽444
Clothing and shoes. We estimate one pair of shoes and 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 Naples model

Close
Prague , Czech Republic
₽67187
₽77762
₽49520
₽55631
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
34 617
income
-
-
-
15 048
health
-
-
-
21 060
solidarity contribution
-
-
-
-
total
-
-
-
70 725
Employee
43 595
-
116 418
-
solidarity contribution
-
-
-
-
health
5 885
-
15 716
-
social contributions
2 834
-
7 567
-
income
5 231
-
13 970
-
total
13 950
-
37 253
-
Employer
43 595
-
116 418
-
social contributions
10 899
-
29 105
-
health
3 923
-
10 478
-
total
14 822
-
39 583
-
Corporate
97 583
156 000
-
-
income
18 541
29 640
-
-
total
18 541
29 640
-
-
Dividends
79 042
126 360
-
-
withholding
11 856
18 954
-
-
total
11 856
18 954
-
-
Income
156 000
156 000
156 000
156 000
Total tax
59 169
48 594
76 836
70 725
After tax
96 831
107 406
79 164
85 275
Living cost
29 644
29 644
29 644
29 644
Free-cash
67 187
77 762
49 520
55 631

Estimated living cost  is ₽29644 per week

₽22045
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1642
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽513
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5444
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽55340
₽55814
₽10422
₽49488
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
chamber of commerce
-
-
-
623
unemployment
-
-
-
5 908
income
-
-
-
39 820
pensions
-
-
-
20 820
health
-
-
-
8 608
surtax
-
-
-
-
total
-
-
-
75 779
Employee
42 109
38 389
122 859
-
unemployment
1 263
1 152
3 376
-
other
420
384
1 126
-
health
1 629
1 486
4 354
-
pensions
4 312
3 930
11 524
-
income
3 751
2 832
31 525
-
total
11 375
9 784
51 905
-
Employer
42 109
38 389
122 859
-
payroll
1 263
1 152
3 685
-
other
2 000
1 823
5 747
-
accident
547
499
1 462
-
pensions
5 285
4 819
14 123
-
unemployment
1 263
1 152
3 376
-
chamber of commerce
168
154
492
-
surtax
-
-
-
-
health
1 592
1 451
4 254
-
total
12 118
11 050
33 139
-
Corporate
101 773
106 562
119 203
-
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.

25 443
26 640
29 801
-
total
25 443
26 640
29 801
-
Dividends
76 330
79 922
-
-
withholding
20 991
21 979
-
-
total
20 991
21 979
-
-
Income
156 000
156 000
156 000
156 000
Total tax
69 927
69 453
114 845
75 779
After tax
86 073
86 547
41 155
80 221
Living cost
30 733
30 733
30 733
30 733
Free-cash
55 340
55 814
10 422
49 488

Estimated living cost  is ₽30733 per week

₽18436
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3139
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.
₽8610
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽133647
₽135945
₽112545
₽142185
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
15 319
-
156 000
-
income
3 064
-
31 200
-
total
3 064
-
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%.

140 681
156 000
-
-
total
-
-
-
-
Dividends
140 681
156 000
-
-
withholding
7 034
7 800
-
-
total
7 034
7 800
-
-
Income
156 000
156 000
156 000
156 000
Total tax
10 098
7 800
31 200
1 560
After tax
145 902
148 200
124 800
154 440
Living cost
12 255
12 255
12 255
12 255
Free-cash
133 647
135 945
112 545
142 185

Estimated living cost  is ₽12255 per week

₽8293
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽514
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽411
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3036
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽73512
₽81569
₽46916
₽51047
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
unemployment
-
-
-
234
income
-
-
-
35 041
pensions
-
-
-
28 490
health
-
-
-
15 350
total
-
-
-
79 115
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.

42 597
-
134 983
-
unemployment
60
-
188
-
health
2 751
-
8 720
-
pensions
6 603
-
20 922
-
income
7 346
-
32 400
-
total
16 760
-
62 230
-
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.

42 597
-
134 983
-
pensions
3 769
-
11 946
-
unemployment
26
-
80
-
health
2 837
-
8 990
-
total
6 632
-
21 016
-
Corporate
106 770
156 000
-
-
income
20 286
29 640
-
-
total
20 286
29 640
-
-
Dividends
86 485
126 360
-
-
withholding
12 972
18 953
-
-
total
12 972
18 953
-
-
Income
156 000
156 000
156 000
156 000
Total tax
56 650
48 593
83 246
79 115
After tax
99 350
107 407
72 754
76 885
Living cost
25 838
25 838
25 838
25 838
Free-cash
73 512
81 569
46 916
51 047

Estimated living cost  is ₽25838 per week

₽17732
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1656
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽501
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5950
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽7485
₽53326
₽101737
₽66225
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
30 407
total
-
-
-
48 191
Employee
59 626
-
-
-
social contributions
4 889
-
697
-
income
13 152
-
-
-
total
18 041
-
697
-
Employer
59 626
-
-
-
social contributions
84 073
-
11 982
-
total
84 073
-
11 982
-
Corporate
12 301
156 000
-
-
income
2 706
34 320
-
-
total
2 706
34 320
-
-
Dividends
9 595
121 680
-
-
income
2 111
26 770
-
-
total
2 111
26 770
-
-
Income
156 000
156 000
156 000
156 000
Total tax
106 931
61 090
12 679
48 191
After tax
49 069
94 910
143 321
107 809
Living cost
41 584
41 584
41 584
41 584
Free-cash
7 485
53 326
101 737
66 225

Estimated living cost  is ₽41584 per week

₽26982
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3911
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.
₽10162
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽57548
₽58518
₽42380
₽53839
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
54 211
income
-
-
-
17 734
surtax
-
-
-
-
total
-
-
-
71 945
Employee
44 304
-
126 060
-
surtax
-
-
-
-
social contributions
4 874
-
13 866
-
income
9 215
-
39 598
-
total
14 089
-
53 464
-
Employer
44 304
-
126 060
-
social contributions
10 522
-
29 940
-
total
10 522
-
29 940
-
Corporate
101 173
156 000
-
-
income
21 246
32 760
-
-
surtax
-
-
-
-
total
21 246
32 760
-
-
Dividends
79 928
123 240
-
-
withholding
22 379
34 506
-
-
total
22 379
34 506
-
-
Income
156 000
156 000
156 000
156 000
Total tax
68 236
67 266
83 404
71 945
After tax
87 764
88 734
72 596
84 055
Living cost
30 216
30 216
30 216
30 216
Free-cash
57 548
58 518
42 380
53 839

Estimated living cost  is ₽30216 per week

₽22607
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1782
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽505
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5321
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽38721
₽32098
₽40725
₽41610
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
4 835
social contributions
-
-
-
4 444
income
-
-
-
23 298
pensions
-
-
-
29 119
health
-
-
-
6 168
surtax
-
-
-
-
total
-
-
-
67 864
Employee
60 333
-
121 644
-
surtax
-
-
-
-
pensions
6 824
-
8 080
-
social contributions
1 718
-
3 466
-
income
5 264
-
22 846
-
total
13 806
-
34 392
-
Employer
60 333
-
121 644
-
other
2 082
-
4 584
-
pensions
9 913
-
13 671
-
unemployment
2 444
-
4 927
-
social contributions
181
-
366
-
health
4 223
-
10 809
-
total
18 843
-
34 357
-
Corporate
76 823
156 000
-
-
income
21 511
43 679
-
-
surtax
-
-
-
-
total
21 511
43 679
-
-
Dividends
55 312
112 321
-
-
withholding
7 080
14 378
-
-
social contributions
9 513
19 319
-
-
surtax
-
-
-
-
total
16 593
33 697
-
-
Income
156 000
156 000
156 000
156 000
Total tax
70 753
77 376
68 749
67 864
After tax
85 247
78 624
87 251
88 136
Living cost
46 526
46 526
46 526
46 526
Free-cash
38 721
32 098
40 725
41 610

Estimated living cost  is ₽46526 per week

₽31488
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3806
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽638
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10594
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽108208
₽111443
₽90551
₽86406
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
6 318
social contributions
-
-
-
34 320
total
-
-
-
40 638
Employee
30 969
-
135 065
-
social contributions
2 013
-
8 780
-
income
-
-
6 778
-
total
2 013
-
15 558
-
Employer
30 969
-
135 065
-
social contributions
4 800
-
20 935
-
total
4 800
-
20 935
-
Corporate
120 230
156 000
-
-
income
12 023
15 601
-
-
total
12 023
15 601
-
-
Dividends
108 207
140 399
-
-
total
-
-
-
-
Income
156 000
156 000
156 000
156 000
Total tax
18 836
15 601
36 493
40 638
After tax
137 164
140 399
119 507
115 362
Living cost
28 956
28 956
28 956
28 956
Free-cash
108 208
111 443
90 551
86 406

Estimated living cost  is ₽28956 per week

₽18723
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2183
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽545
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7506
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽53589
-₽53589
-₽53589
₽46455
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
pensions
-
-
-
834
municipal
-
-
-
32 096
labour market
-
-
-
12 413
national
-
-
-
17 874
total
-
-
-
63 217
Employee
195 540
195 540
195 540
-
national
23 889
23 889
23 889
-
municipal
41 639
41 639
41 639
-
labour market
15 621
15 621
15 621
-
pensions
278
278
278
-
total
81 427
81 427
81 427
-
Employer
195 540
195 540
195 540
-
municipal
41 705
41 705
41 705
-
pensions
556
556
556
-
national
23 930
23 930
23 930
-
labour market
15 643
15 643
15 643
-
total
81 834
81 834
81 834
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
156 000
156 000
156 000
156 000
Total tax
163 261
163 261
163 261
63 217
After tax
-7 261
-7 261
-7 261
92 783
Living cost
46 328
46 328
46 328
46 328
Free-cash
-53 589
-53 589
-53 589
46 455

Estimated living cost  is ₽46328 per week

₽31707
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4098
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽712
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9810
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽9362
-₽8706
₽62781
₽85363
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
365
income
-
-
-
42 437
pensions
-
-
-
4 097
accident
-
-
-
249
health
-
-
-
2 147
total
-
-
-
49 295
Employee
33 572
-
139 409
-
health
3 844
-
15 962
-
pensions
3 780
-
7 512
-
income
4 606
-
31 811
-
total
12 230
-
55 285
-
Employer
33 572
-
139 409
-
accident
561
-
2 328
-
pensions
5 459
-
10 848
-
unemployment
823
-
3 416
-
total
6 843
-
16 592
-
Corporate
115 586
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.

104 027
140 400
-
-
total
104 027
140 400
-
-
Dividends
11 559
15 600
-
-
withholding
2 196
2 964
-
-
total
2 196
2 964
-
-
Income
156 000
156 000
156 000
156 000
Total tax
125 296
143 364
71 877
49 295
After tax
30 704
12 636
84 123
106 705
Living cost
21 342
21 342
21 342
21 342
Free-cash
9 362
-8 706
62 781
85 363

Estimated living cost  is ₽21342 per week

₽15534
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1217
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽400
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4190
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽63714
₽61620
₽45719
₽65622
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
municipal
-
-
-
27 720
national
-
-
-
23 674
health
-
-
-
2 000
total
-
-
-
53 394
Employee
50 681
-
131 234
-
national
837
-
14 703
-
unemployment
760
-
1 969
-
health
378
-
1 620
-
municipal
8 301
-
21 381
-
pensions
3 420
-
8 859
-
total
13 696
-
48 532
-
Employer
50 681
-
131 234
-
accident
51
-
132
-
pensions
8 793
-
22 768
-
unemployment
329
-
854
-
health
389
-
1 011
-
total
9 562
-
24 765
-
Corporate
95 756
156 000
-
-
income
19 151
31 199
-
-
total
19 151
31 199
-
-
Dividends

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

57 454
93 601
-
-
municipal
10 341
16 847
-
-
national
2 552
9 350
-
-
total
12 893
26 197
-
-
Income
156 000
156 000
156 000
156 000
Total tax
55 302
57 396
73 297
53 394
After tax
100 698
98 604
82 703
102 606
Living cost
36 984
36 984
36 984
36 984
Free-cash
63 714
61 620
45 719
65 622

Estimated living cost  is ₽36984 per week

₽24158
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3557
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽589
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8681
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽86301
₽91543
₽83597
₽85009
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
15 586
income
-
-
-
29 124
health
-
-
-
3 978
total
-
-
-
48 688
Employee
74 073
74 073
145 024
-
health
574
1 260
2 466
-
social contributions
2 801
6 148
8 292
-
income
8 065
6 857
28 366
-
total
11 440
14 265
39 124
-
Employer
74 073
74 073
145 024
-
social contributions
2 801
6 148
8 292
-
health
623
1 371
2 684
-
total
3 424
7 519
10 976
-
Corporate
118 833
74 408
-
-
income
14 855
9 301
-
-
total
14 855
9 301
-
-
Dividends
103 978
65 107
-
-
withholding
17 677
11 069
-
-
total
17 677
11 069
-
-
Income
156 000
156 000
156 000
156 000
Total tax
47 396
42 154
50 100
48 688
After tax
108 604
113 846
105 900
107 312
Living cost
22 303
22 303
22 303
22 303
Free-cash
86 301
91 543
83 597
85 009

Estimated living cost  is ₽22303 per week

₽13367
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2188
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽494
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6256
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽108988
₽113891
₽95986
₽115305
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
unemployment
-
-
-
27
income
-
-
-
15 760
pensions
-
-
-
6 128
health
-
-
-
3 486
total
-
-
-
25 401
Employee

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

22 111
-
146 586
-
unemployment
110
-
457
-
health
1 879
-
7 769
-
pensions
3 316
-
13 710
-
income
1 512
-
13 370
-
total
6 817
-
35 306
-
Employer

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

22 111
-
146 586
-
pensions
1 216
-
5 027
-
unemployment
110
-
457
-
health
951
-
3 930
-
total
2 277
-
9 414
-
Corporate
131 613
156 000
-
-
income
11 846
14 039
-
-
total
11 846
14 039
-
-
Dividends
119 767
141 961
-
-
withholding
10 778
12 776
-
-
total
10 778
12 776
-
-
Income
156 000
156 000
156 000
156 000
Total tax
31 718
26 815
44 720
25 401
After tax
124 282
129 185
111 280
130 599
Living cost
15 294
15 294
15 294
15 294
Free-cash
108 988
113 891
95 986
115 305

Estimated living cost  is ₽15294 per week

₽9758
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1102
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.
₽3978
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽73404
₽77659
₽57167
₽61210
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
90
unemployment
-
-
-
625
income
-
-
-
41 514
pensions
-
-
-
25 267
accident
-
-
-
804
total
-
-
-
68 300
Employee
35 619
-
127 535
-
unemployment
552
-
1 384
-
other
35
-
90
-
pensions
1 674
-
4 197
-
income
6 867
-
38 207
-
total
9 128
-
43 878
-
Employer
35 619
-
127 535
-
other
285
-
715
-
accident
706
-
1 768
-
pensions
8 405
-
21 072
-
unemployment
1 960
-
4 910
-
total
11 356
-
28 465
-
Corporate
109 025
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.

16 354
23 401
-
-
total
16 354
23 401
-
-
Dividends
92 672
132 599
-
-
withholding
19 268
28 450
-
-
total
19 268
28 450
-
-
Income
156 000
156 000
156 000
156 000
Total tax
56 106
51 851
72 343
68 300
After tax
99 894
104 149
83 657
87 700
Living cost
26 490
26 490
26 490
26 490
Free-cash
73 404
77 659
57 167
61 210

Estimated living cost  is ₽26490 per week

₽17880
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2546
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽464
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5599
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽95235
₽95532
₽98394
₽98524
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
53 384
pensions
-
-
-
1 322
health
-
-
-
958
total
-
-
-
55 664
Employee
2 760
-
154 513
-
unemployment
28
-
66
-
health
138
-
331
-
pensions
248
-
595
-
income
534
-
53 315
-
total
948
-
54 307
-
Employer
2 760
-
154 513
-
pensions
304
-
727
-
unemployment
55
-
132
-
health
262
-
628
-
total
621
-
1 487
-
Corporate
152 618
156 000
-
-
income
33 576
34 320
-
-
total
33 576
34 320
-
-
Dividends
119 042
121 680
-
-
withholding
23 808
24 336
-
-
total
23 808
24 336
-
-
Income
156 000
156 000
156 000
156 000
Total tax
58 953
58 656
55 794
55 664
After tax
97 047
97 344
100 206
100 336
Living cost
1 812
1 812
1 812
1 812
Free-cash
95 235
95 532
98 394
98 524

Estimated living cost  is ₽1812 per week

₽1077
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽147
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽42
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽547
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽91337
₽96070
₽77501
₽77499
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
unemployment
-
-
-
1 067
income
-
-
-
34 981
pensions
-
-
-
18 489
health
-
-
-
7 324
total
-
-
-
61 861
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.

25 093
-
143 271
-
unemployment
188
-
533
-
health
1 292
-
3 662
-
pensions
3 513
-
9 955
-
income
3 459
-
34 981
-
total
8 452
-
49 131
-
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.

25 093
-
143 271
-
pensions
3 011
-
8 533
-
unemployment
188
-
533
-
health
1 292
-
3 662
-
total
4 491
-
12 728
-
Corporate
126 416
156 000
-
-
income
18 962
23 400
-
-
total
18 962
23 400
-
-
Dividends
107 453
132 600
-
-
withholding
16 118
19 890
-
-
total
16 118
19 890
-
-
Income
156 000
156 000
156 000
156 000
Total tax
48 023
43 290
61 859
61 861
After tax
107 977
112 710
94 141
94 139
Living cost
16 640
16 640
16 640
16 640
Free-cash
91 337
96 070
77 501
77 499

Estimated living cost  is ₽16640 per week

₽11204
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1287
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽482
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3668
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽62416
₽62764
₽46626
₽58085
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
54 211
income
-
-
-
17 734
surtax
-
-
-
-
total
-
-
-
71 945
Employee
37 388
-
126 060
-
surtax
-
-
-
-
social contributions
4 113
-
13 866
-
income
7 305
-
39 598
-
total
11 418
-
53 464
-
Employer
37 388
-
126 060
-
social contributions
8 879
-
29 940
-
total
8 879
-
29 940
-
Corporate
109 733
156 000
-
-
income
23 044
32 760
-
-
surtax
-
-
-
-
total
23 044
32 760
-
-
Dividends
86 689
123 240
-
-
withholding
24 273
34 506
-
-
total
24 273
34 506
-
-
Income
156 000
156 000
156 000
156 000
Total tax
67 614
67 266
83 404
71 945
After tax
88 386
88 734
72 596
84 055
Living cost
25 970
25 970
25 970
25 970
Free-cash
62 416
62 764
46 626
58 085

Estimated living cost  is ₽25970 per week

₽18394
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1804
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽461
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5312
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽63772
₽70294
₽49802
₽53845
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
90
unemployment
-
-
-
625
income
-
-
-
41 514
pensions
-
-
-
25 267
accident
-
-
-
804
total
-
-
-
68 300
Employee
46 523
-
127 535
-
unemployment
720
-
1 384
-
other
46
-
90
-
pensions
2 186
-
4 197
-
income
9 717
-
38 207
-
total
12 669
-
43 878
-
Employer
46 523
-
127 535
-
other
373
-
715
-
accident
921
-
1 768
-
pensions
10 979
-
21 072
-
unemployment
2 559
-
4 910
-
total
14 832
-
28 465
-
Corporate
94 644
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.

14 197
23 401
-
-
total
14 197
23 401
-
-
Dividends
80 448
132 599
-
-
withholding
16 675
28 450
-
-
total
16 675
28 450
-
-
Income
156 000
156 000
156 000
156 000
Total tax
58 373
51 851
72 343
68 300
After tax
97 627
104 149
83 657
87 700
Living cost
33 855
33 855
33 855
33 855
Free-cash
63 772
70 294
49 802
53 845

Estimated living cost  is ₽33855 per week

₽24313
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2632
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.
₽6433
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽110940
₽116810
₽113016
₽107047
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
unemployment
-
-
-
135
income
-
-
-
23 400
pensions

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

-
-
-
4 979
health
-
-
-
3 869
total
-
-
-
32 383
Employee
21 941
-
149 399
-
accident

We are using the highest rate at 1.1%.

241
-
370
-
health
1 009
-
1 548
-
pensions

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

1 926
-
2 954
-
income
2 194
-
14 940
-
total
5 370
-
19 812
-
Employer
21 941
-
149 399
-
accident

We are using the highest rate at 1.1%.

241
-
370
-
pensions

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

2 418
-
3 708
-
unemployment
132
-
202
-
health
1 514
-
2 322
-
total
4 305
-
6 602
-
Corporate
129 755
156 000
-
-
income
12 976
15 600
-
-
total
12 976
15 600
-
-
Dividends
116 779
140 400
-
-
withholding
5 839
7 020
-
-
total
5 839
7 020
-
-
Income
156 000
156 000
156 000
156 000
Total tax
28 490
22 620
26 414
32 383
After tax
127 510
133 380
129 586
123 617
Living cost
16 570
16 570
16 570
16 570
Free-cash
110 940
116 810
113 016
107 047

Estimated living cost  is ₽16570 per week

₽10959
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽949
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.
₽4267
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽55719
₽43117
₽62956
₽46997
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
trade
-
-
-
15 959
income

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

-
-
-
46 705
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.

-
-
-
6 581
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.

-
-
-
2 568
total
-
-
-
71 813
Employee

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

47 930
-
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.

218
-
2 568
-
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.

6 581
-
6 581
-
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.

3 941
-
46 705
-
total
10 740
-
55 854
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
108 070
156 000
-
-
trade
15 507
22 386
-
-
income
16 211
23 401
-
-
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.

892
1 287
-
-
chamber of commerce
305
375
-
-
total
32 915
47 449
-
-
Dividends
75 154
108 551
-
-
withholding
18 423
26 772
-
-
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.

1 013
1 472
-
-
total
19 436
28 244
-
-
Income
156 000
156 000
156 000
156 000
Total tax
63 091
75 693
55 854
71 813
After tax
92 909
80 307
100 146
84 187
Living cost
37 190
37 190
37 190
37 190
Free-cash
55 719
43 117
62 956
46 997

Estimated living cost  is ₽37190 per week

₽25655
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4002
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.
₽6994
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽56452
₽54326
₽28939
₽28939
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
25 709
income
-
-
-
46 478
total
-
-
-
72 187
Employee
75 352
-
156 000
-
social contributions
6 260
-
25 709
-
income
14 219
-
46 478
-
total
20 479
-
72 187
-
Employer
75 352
-
156 000
-
total
-
-
-
-
Corporate
80 648
156 000
-
-
income
10 082
19 500
-
-
total
10 082
19 500
-
-
Dividends
70 567
136 500
-
-
withholding
14 113
27 300
-
-
total
14 113
27 300
-
-
Income
156 000
156 000
156 000
156 000
Total tax
44 674
46 800
72 187
72 187
After tax
111 326
109 200
83 813
83 813
Living cost
54 874
54 874
54 874
54 874
Free-cash
56 452
54 326
28 939
28 939

Estimated living cost  is ₽54874 per week

₽41747
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4471
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.
₽8131
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽64709
₽61343
₽76786
₽87750
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health

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

-
-
-
5 861
income
-
-
-
27 421
total
-
-
-
33 282
Employee
44 191
-
151 569
-
social contributions
4 428
-
4 431
-
income
4 795
-
35 384
-
total
9 223
-
39 815
-
Employer
44 191
-
151 569
-
social contributions
4 428
-
4 431
-
total
4 428
-
4 431
-
Corporate
107 382
156 000
-
-
income
37 583
54 600
-
-
total
37 583
54 600
-
-
Dividends
69 799
101 400
-
-
social contributions
5 089
5 089
-
-
total
5 089
5 089
-
-
Income
156 000
156 000
156 000
156 000
Total tax
56 323
59 689
44 246
33 282
After tax
99 677
96 311
111 754
122 718
Living cost
34 968
34 968
34 968
34 968
Free-cash
64 709
61 343
76 786
87 750

Estimated living cost  is ₽34968 per week

₽23033
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2757
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.
₽8641
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽73572
₽67896
₽54618
₽68806
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
43 221
pensions
-
-
-
8 367
total
-
-
-
51 588
Employee
48 875
-
136 392
-
health
638
-
2 027
-
pensions
3 730
-
10 385
-
income
8 900
-
33 759
-
total
13 268
-
46 171
-
Employer
48 875
-
136 392
-
pensions
4 938
-
17 013
-
health
929
-
2 592
-
total
5 867
-
19 605
-
Corporate
101 259
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.

19 239
29 640
-
-
total
19 239
29 640
-
-
Dividends
82 020
126 360
-
-
withholding
8 448
22 858
-
-
total
8 448
22 858
-
-
Income
156 000
156 000
156 000
156 000
Total tax
46 822
52 498
65 776
51 588
After tax
109 178
103 502
90 224
104 412
Living cost
35 606
35 606
35 606
35 606
Free-cash
73 572
67 896
54 618
68 806

Estimated living cost  is ₽35606 per week

₽24426
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3274
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽445
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7459
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽9039
-₽10819
₽60668
₽83250
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
365
income
-
-
-
42 437
pensions
-
-
-
4 097
accident
-
-
-
249
health
-
-
-
2 147
total
-
-
-
49 295
Employee
36 895
-
139 409
-
health
4 224
-
15 962
-
pensions
4 154
-
7 512
-
income
5 062
-
31 811
-
total
13 440
-
55 285
-
Employer
36 895
-
139 409
-
accident
616
-
2 328
-
pensions
5 999
-
10 848
-
unemployment
904
-
3 416
-
total
7 519
-
16 592
-
Corporate
111 586
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.

100 427
140 400
-
-
total
100 427
140 400
-
-
Dividends
11 159
15 600
-
-
withholding
2 120
2 964
-
-
total
2 120
2 964
-
-
Income
156 000
156 000
156 000
156 000
Total tax
123 506
143 364
71 877
49 295
After tax
32 494
12 636
84 123
106 705
Living cost
23 455
23 455
23 455
23 455
Free-cash
9 039
-10 819
60 668
83 250

Estimated living cost  is ₽23455 per week

₽17213
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1367
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽473
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4402
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽113776
₽118278
₽96330
₽75174
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
unemployment
-
-
-
1 846
income
-
-
-
25 517
pensions
-
-
-
28 312
health insurance
-
-
-
11 386
work injury
-
-
-
769
total
-
-
-
67 830
Employee

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

20 794
-
156 000
-
health insurance
1 539
-
5 693
-
unemployment
250
-
923
-
work injury
104
-
385
-
pensions
3 826
-
14 156
-
income
2 079
-
25 517
-
total
7 798
-
46 674
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
135 206
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%.

1 352
1 560
-
-
total
1 352
1 560
-
-
Dividends
133 854
154 440
-
-
withholding
20 078
23 166
-
-
total
20 078
23 166
-
-
Income
156 000
156 000
156 000
156 000
Total tax
29 228
24 726
46 674
67 830
After tax
126 772
131 274
109 326
88 170
Living cost
12 996
12 996
12 996
12 996
Free-cash
113 776
118 278
96 330
75 174

Estimated living cost  is ₽12996 per week

₽8051
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽944
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽405
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3595
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽39412
₽43795
₽28287
₽35134
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
regional
-
-
-
3 558
social contributions
-
-
-
40 124
municipal
-
-
-
1 042
national
-
-
-
37 766
total
-
-
-
82 490
Employee
81 174
-
156 000
-
national
13 718
-
32 649
-
regional
1 226
-
3 154
-
municipal
484
-
930
-
social contributions
27 371
-
52 604
-
total
42 799
-
89 337
-
Employer
81 174
-
156 000
-
total
-
-
-
-
Corporate
74 826
156 000
-
-
nationa
17 959
37 440
-
-
municipal
3 607
7 519
-
-
total
21 566
44 959
-
-
Dividends
53 261
111 041
-
-
withholding
13 847
28 870
-
-
total
13 847
28 870
-
-
Income
156 000
156 000
156 000
156 000
Total tax
78 212
73 829
89 337
82 490
After tax
77 788
82 171
66 663
73 510
Living cost
38 376
38 376
38 376
38 376
Free-cash
39 412
43 795
28 287
35 134

Estimated living cost  is ₽38376 per week

₽26956
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2640
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽579
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8199
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Rome model

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