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
₽60353
₽71118
₽53536
₽49795
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
surtax

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

-
-
-
2 579
health

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

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

-
-
-
6 519
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.

-
-
-
46 880
trade
-
-
-
17 582
total
-
-
-
73 560
Employee

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

36 498
-
156 000
-
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.

1 020
-
46 880
-
surtax

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

56
-
2 579
-
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.

6 519
-
6 519
-
total
7 595
-
55 978
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
119 502
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.

985
1 288
-
-
chamber of commerce
317
369
-
-
income
17 926
23 400
-
-
trade
18 822
24 570
-
-
total
38 050
49 627
-
-
Dividends
81 451
106 373
-
-
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.

1 099
1 443
-
-
withholding
19 999
26 231
-
-
total
21 098
27 674
-
-
Income
156 000
156 000
156 000
156 000
Total tax
66 743
77 301
55 978
73 560
After tax
89 257
78 699
100 022
82 440
Living cost
28 904
28 904
28 904
28 904
Free-cash
60 353
49 795
71 118
53 536

Estimated living cost  is ₽28904 per week

₽18181
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3370
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽540
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6813
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽43751
₽41030
₽39806
₽44628
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
national
-
-
-
26 184
pensions
-
-
-
18 720
municipal
-
-
-
16 897
social contributions
-
-
-
1 677
total
-
-
-
63 478
Employee
81 719
-
134 861
-
pensions
3 269
-
5 394
-
national
15 641
-
27 120
-
municipal
10 094
-
17 501
-
total
29 004
-
50 015
-
Employer
81 719
-
134 861
-
social contributions
878
-
1 450
-
pensions
6 538
-
10 789
-
total
7 416
-
12 239
-
Corporate
61 472
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%.

12 294
31 200
-
-
total
12 294
31 200
-
-
Dividends
49 177
124 800
-
-
withholding
10 819
27 456
-
-
total
10 819
27 456
-
-
Income
156 000
156 000
156 000
156 000
Total tax
59 533
58 656
62 254
63 478
After tax
96 467
97 344
93 746
92 522
Living cost
52 716
52 716
52 716
52 716
Free-cash
43 751
44 628
41 030
39 806

Estimated living cost  is ₽52716 per week

₽35830
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4900
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽789
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽11196
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽97118
₽44012
₽32941
₽104947
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
surtax
-
-
-
39 780
income
-
-
-
26 864
microenterprise
-
-
-
-
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.

-
-
-
36 562
total
-
-
-
103 206
Employee
27 884
-
115 858
-
income
4 964
-
22 683
-
surtax
-
-
16 800
-
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.

3 068
-
12 510
-
total
8 032
-
51 993
-
Employer
27 884
-
115 858
-
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.

6 717
-
27 397
-
surtax
-
-
12 745
-
total
6 717
-
40 142
-
Corporate
121 400
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%.

24 280
31 200
-
-
total
24 280
31 200
-
-
Dividends

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

97 119
124 800
-
-
total
-
-
-
-
Income
156 000
156 000
156 000
156 000
Total tax
39 029
31 200
92 135
103 206
After tax
116 971
124 800
63 865
52 794
Living cost
19 853
19 853
19 853
19 853
Free-cash
97 118
104 947
44 012
32 941

Estimated living cost  is ₽19853 per week

₽12665
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1891
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽451
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4846
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽31231
₽56178
₽46992
₽37079
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
11 180
health
-
-
-
11 767
income
-
-
-
46 086
total
-
-
-
69 033
Employee
81 490
81 490
138 266
-
income

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

13 339
13 339
19 166
-
pensions
14 668
11 180
11 180
-
health
12 508
10 639
11 767
-
total
40 515
35 158
42 113
-
Employer
81 490
81 490
138 266
-
unemployment
2 934
2 934
3 645
-
health
5 664
5 664
7 039
-
pensions
5 672
5 672
7 050
-
total
14 270
14 270
17 734
-
Corporate
61 240
60 241
-
-
income
12 249
12 048
-
-
total
12 249
12 048
-
-
Dividends
48 991
48 193
-
-
income
10 411
10 241
-
-
withholding
7 349
7 229
-
-
total
17 760
17 470
-
-
Income
156 000
156 000
156 000
156 000
Total tax
84 794
78 946
59 847
69 033
After tax
71 206
77 054
96 153
86 967
Living cost
39 975
39 975
39 975
39 975
Free-cash
31 231
37 079
56 178
46 992

Estimated living cost  is ₽39975 per week

₽28329
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3604
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽636
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7407
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽46336
₽41919
₽42841
₽47190
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
83
accident
-
-
-
166
national
-
-
-
11 728
pensions
-
-
-
9 000
health
-
-
-
5 195
municipal
-
-
-
39 327
other
-
-
-
9 674
total
-
-
-
75 173
Employee
54 127
-
129 842
-
national
-
-
11 218
-
municipal
16 141
-
38 719
-
total
16 141
-
49 937
-
Employer
54 127
-
129 842
-
accident
108
-
166
-
unemployment
1 429
-
2 198
-
health
3 329
-
5 120
-
pensions
5 851
-
9 000
-
other
6 290
-
9 674
-
total
17 007
-
26 158
-
Corporate
84 867
156 000
-
-
income
18 671
34 320
-
-
total
18 671
34 320
-
-
Dividends
66 196
121 680
-
-
withholding
19 859
36 504
-
-
total
19 859
36 504
-
-
Income
156 000
156 000
156 000
156 000
Total tax
71 678
70 824
76 095
75 173
After tax
84 322
85 176
79 905
80 827
Living cost
37 986
37 986
37 986
37 986
Free-cash
46 336
47 190
41 919
42 841

Estimated living cost  is ₽37986 per week

₽25176
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3727
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽577
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8506
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽53820
₽62535
₽44171
₽40411
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
surtax

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

-
-
-
2 579
health

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

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

-
-
-
6 519
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.

-
-
-
46 880
trade
-
-
-
18 364
total
-
-
-
74 342
Employee

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

48 392
-
156 000
-
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.

4 158
-
46 880
-
surtax

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

228
-
2 579
-
health

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

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

6 519
-
6 519
-
total
10 905
-
55 978
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
107 608
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.

887
1 288
-
-
chamber of commerce
299
368
-
-
income
16 140
23 400
-
-
trade
17 701
25 662
-
-
total
35 027
50 718
-
-
Dividends
72 580
105 283
-
-
surtax

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

978
1 427
-
-
withholding
17 783
25 957
-
-
total
18 761
27 384
-
-
Income
156 000
156 000
156 000
156 000
Total tax
64 693
78 102
55 978
74 342
After tax
91 307
77 898
100 022
81 658
Living cost
37 487
37 487
37 487
37 487
Free-cash
53 820
40 411
62 535
44 171

Estimated living cost  is ₽37487 per week

₽25072
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3953
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽560
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7903
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽78934
₽74877
₽76279
₽82891
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
156 000
health
-
-
-
3 979
income
-
-
-
29 351
social contributions
-
-
-
15 440
total
-
-
-
48 770
Employee
73 378
73 378
145 102
-
income
7 705
6 793
28 594
-
social contributions
3 566
6 090
8 214
-
health
730
1 248
2 466
-
total
12 001
14 131
39 274
-
Employer
73 378
73 378
145 102
-
social contributions
3 566
6 090
8 214
-
health
795
1 358
2 684
-
total
4 361
7 448
10 898
-
Corporate
108 687
75 174
-
-
income
13 585
9 397
-
-
total
13 585
9 397
-
-
Dividends
95 102
65 777
-
-
withholding
16 168
11 182
-
-
total
16 168
11 182
-
-
Income
156 000
156 000
156 000
156 000
Total tax
46 115
42 158
50 172
48 770
After tax
109 885
113 842
105 828
107 230
Living cost
30 951
30 951
30 951
30 951
Free-cash
78 934
82 891
74 877
76 279

Estimated living cost  is ₽30951 per week

₽21158
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2418
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽520
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6856
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽69549
₽71916
₽89550
₽69161
S + D Salary + Dividends

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

Dividends

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

Salary

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

26 732
10 639
130 544
-
income
3 268
1 301
15 959
-
pensions
2 673
1 064
13 054
-
unemployment
401
160
1 958
-
health
1 871
745
9 138
-
total
8 213
3 270
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.

26 732
10 639
130 544
-
pensions
5 213
2 075
25 456
-
total
5 213
2 075
25 456
-
Corporate
124 055
143 286
-
-
income
11 165
12 896
-
-
total
11 165
12 896
-
-
Dividends
112 890
130 391
-
-
social contributions
21 892
25 305
-
-
withholding
21 449
24 774
-
-
total
43 341
50 079
-
-
Income
156 000
156 000
156 000
156 000
Total tax
67 932
68 320
65 565
47 931
After tax
88 068
87 680
90 435
108 069
Living cost
18 519
18 519
18 519
18 519
Free-cash
69 549
69 161
71 916
89 550

Estimated living cost  is ₽18519 per week

₽12637
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1515
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽370
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3996
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽95822
₽66869
₽60566
₽101751
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
31 200
health
-
-
-
20 280
income
-
-
-
20 905
total
-
-
-
72 385
Employee
27 071
-
116 592
-
income
3 048
-
22 478
-
pensions
541
-
2 332
-
unemployment
433
-
1 865
-
total
4 022
-
26 675
-
Employer
27 071
-
116 592
-
unemployment
217
-
933
-
health
3 519
-
15 157
-
pensions
5 415
-
23 317
-
total
9 151
-
39 407
-
Corporate
119 779
156 000
-
-
income
23 956
31 200
-
-
total
23 956
31 200
-
-
Dividends
95 823
124 800
-
-
total
-
-
-
-
Income
156 000
156 000
156 000
156 000
Total tax
37 129
31 200
66 082
72 385
After tax
118 871
124 800
89 918
83 615
Living cost
23 049
23 049
23 049
23 049
Free-cash
95 822
101 751
66 869
60 566

Estimated living cost  is ₽23049 per week

₽15809
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1373
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.
₽5404
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽9475
₽63808
₽86064
-₽7975
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
accident
-
-
-
237
pensions
-
-
-
3 898
health
-
-
-
2 043
income
-
-
-
42 800
other
-
-
-
347
total
-
-
-
49 325
Employee
32 422
-
139 914
-
income
4 448
-
32 327
-
pensions
3 651
-
7 148
-
health
3 712
-
16 020
-
total
11 811
-
55 495
-
Employer
32 422
-
139 914
-
accident
541
-
2 337
-
unemployment
794
-
3 428
-
pensions
5 272
-
10 321
-
total
6 607
-
16 086
-
Corporate
116 971
156 000
-
-
income

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

105 274
140 400
-
-
total
105 274
140 400
-
-
Dividends
11 697
15 600
-
-
withholding
2 222
2 964
-
-
total
2 222
2 964
-
-
Income
156 000
156 000
156 000
156 000
Total tax
125 914
143 364
71 581
49 325
After tax
30 086
12 636
84 419
106 675
Living cost
20 611
20 611
20 611
20 611
Free-cash
9 475
-7 975
63 808
86 064

Estimated living cost  is ₽20611 per week

₽15106
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1142
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽430
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3933
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽138225
₽116400
₽146040
₽139800
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
10 500
-
156 000
-
income
2 100
-
31 200
-
total
2 100
-
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%.

145 500
156 000
-
-
total
-
-
-
-
Dividends
145 500
156 000
-
-
withholding
7 275
7 800
-
-
total
7 275
7 800
-
-
Income
156 000
156 000
156 000
156 000
Total tax
9 375
7 800
31 200
1 560
After tax
146 625
148 200
124 800
154 440
Living cost
8 400
8 400
8 400
8 400
Free-cash
138 225
139 800
116 400
146 040

Estimated living cost  is ₽8400 per week

₽5206
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽698
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽231
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2265
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽82742
₽63281
₽59532
₽89185
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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

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

-
-
-
34 827
health
-
-
-
6 385
income
-
-
-
22 937
other
-
-
-
6 892
total
-
-
-
71 041
Employee
34 648
-
124 603
-
income
5 965
-
24 184
-
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.

2 425
-
8 721
-
unemployment
346
-
1 246
-
health
485
-
1 744
-
total
9 221
-
35 895
-
Employer
34 648
-
124 603
-
accident
277
-
996
-
unemployment
346
-
1 246
-
health
485
-
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.

5 891
-
21 182
-
other
1 733
-
6 229
-
total
8 732
-
31 397
-
Corporate
112 620
156 000
-
-
income
23 650
32 761
-
-
total
23 650
32 761
-
-
Dividends
88 970
123 239
-
-
withholding
6 228
8 627
-
-
total
6 228
8 627
-
-
Income
156 000
156 000
156 000
156 000
Total tax
47 831
41 388
67 292
71 041
After tax
108 169
114 612
88 708
84 959
Living cost
25 427
25 427
25 427
25 427
Free-cash
82 742
89 185
63 281
59 532

Estimated living cost  is ₽25427 per week

₽17966
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1717
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽409
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5335
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽38917
₽25646
₽39845
₽38983
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
8 414
income
-
-
-
43 061
total
-
-
-
51 475
Employee
91 513
-
136 407
-
income
16 496
-
33 593
-
pensions
8 829
-
10 454
-
health
1 508
-
2 034
-
total
26 833
-
46 081
-
Employer
91 513
-
136 407
-
health
1 738
-
2 592
-
pensions
10 805
-
17 001
-
total
12 543
-
19 593
-
Corporate
51 944
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.

9 870
29 640
-
-
total
9 870
29 640
-
-
Dividends
42 074
126 360
-
-
withholding
3 157
22 697
-
-
total
3 157
22 697
-
-
Income
156 000
156 000
156 000
156 000
Total tax
52 403
52 337
65 674
51 475
After tax
103 597
103 663
90 326
104 525
Living cost
64 680
64 680
64 680
64 680
Free-cash
38 917
38 983
25 646
39 845

Estimated living cost  is ₽64680 per week

₽48466
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽7600
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽526
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8089
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽115897
₽116438
₽110507
₽120470
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
138
pensions

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

-
-
-
5 090
health
-
-
-
3 955
income
-
-
-
23 400
total
-
-
-
32 583
Employee
17 095
-
149 252
-
income
1 709
-
14 925
-
pensions

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

1 501
-
3 020
-
accident

We are using the highest rate at 1.1%.

188
-
378
-
health
786
-
1 582
-
total
4 184
-
19 905
-
Employer
17 095
-
149 252
-
accident

We are using the highest rate at 1.1%.

188
-
378
-
unemployment
102
-
206
-
health
1 180
-
2 373
-
pensions

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

1 884
-
3 790
-
total
3 354
-
6 747
-
Corporate
135 551
156 000
-
-
income
13 555
15 600
-
-
total
13 555
15 600
-
-
Dividends
121 996
140 400
-
-
withholding
6 100
7 020
-
-
total
6 100
7 020
-
-
Income
156 000
156 000
156 000
156 000
Total tax
27 193
22 620
26 652
32 583
After tax
128 807
133 380
129 348
123 417
Living cost
12 910
12 910
12 910
12 910
Free-cash
115 897
120 470
116 438
110 507

Estimated living cost  is ₽12910 per week

₽7537
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽922
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽342
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4109
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽26542
₽43238
₽34052
₽24139
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
11 180
health
-
-
-
11 767
income
-
-
-
46 086
total
-
-
-
69 033
Employee
88 472
81 490
138 266
-
income

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

13 339
13 339
19 166
-
pensions
11 180
11 180
11 180
-
health
11 037
10 639
11 767
-
total
35 556
35 158
42 113
-
Employer
88 472
81 490
138 266
-
unemployment
3 185
2 934
3 645
-
health
6 148
5 664
7 039
-
pensions
6 157
5 672
7 050
-
total
15 490
14 270
17 734
-
Corporate
52 038
60 241
-
-
income
10 407
12 048
-
-
total
10 407
12 048
-
-
Dividends
41 631
48 193
-
-
income
8 846
10 241
-
-
withholding
6 244
7 229
-
-
total
15 090
17 470
-
-
Income
156 000
156 000
156 000
156 000
Total tax
76 543
78 946
59 847
69 033
After tax
79 457
77 054
96 153
86 967
Living cost
52 915
52 915
52 915
52 915
Free-cash
26 542
24 139
43 238
34 052

Estimated living cost  is ₽52915 per week

₽39034
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4726
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽607
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8549
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽75408
₽55621
₽62267
₽83821
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
156 000
health
-
-
-
21 060
solidarity contribution
-
-
-
-
income
-
-
-
15 150
social contributions
-
-
-
33 938
total
-
-
-
70 148
Employee
34 684
-
116 462
-
solidarity contribution
-
-
-
-
income
4 162
-
13 978
-
social contributions
2 254
-
7 555
-
health
4 682
-
15 722
-
total
11 098
-
37 255
-
Employer
34 684
-
116 462
-
social contributions
8 671
-
29 057
-
health
3 122
-
10 482
-
total
11 793
-
39 539
-
Corporate
109 523
156 000
-
-
income
20 809
29 640
-
-
total
20 809
29 640
-
-
Dividends
88 714
126 360
-
-
withholding
13 307
18 954
-
-
total
13 307
18 954
-
-
Income
156 000
156 000
156 000
156 000
Total tax
57 007
48 594
76 794
70 148
After tax
98 993
107 406
79 206
85 852
Living cost
23 585
23 585
23 585
23 585
Free-cash
75 408
83 821
55 621
62 267

Estimated living cost  is ₽23585 per week

₽16383
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1678
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.
₽5061
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽37985
₽27951
₽34997
₽42965
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
national
-
-
-
37 856
regional
-
-
-
1 830
municipal
-
-
-
927
social contributions
-
-
-
40 124
total
-
-
-
80 737
Employee
84 808
-
156 000
-
regional
800
-
1 612
-
national
14 695
-
32 741
-
social contributions
28 597
-
52 602
-
municipal
449
-
828
-
total
44 541
-
87 783
-
Employer
84 808
-
156 000
-
total
-
-
-
-
Corporate
71 192
156 000
-
-
nationa
17 086
37 440
-
-
municipal
2 776
6 085
-
-
total
19 862
43 525
-
-
Dividends
51 330
112 475
-
-
withholding
13 346
29 244
-
-
total
13 346
29 244
-
-
Income
156 000
156 000
156 000
156 000
Total tax
77 749
72 769
87 783
80 737
After tax
78 251
83 231
68 217
75 263
Living cost
40 266
40 266
40 266
40 266
Free-cash
37 985
42 965
27 951
34 997

Estimated living cost  is ₽40266 per week

₽28069
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.
₽618
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8939
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽74097
₽46955
₽52925
₽77067
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
217
surtax
-
-
-
6 117
pensions
-
-
-
25 472
health
-
-
-
9 042
income
-
-
-
41 170
other
-
-
-
-
total
-
-
-
82 018
Employee
31 557
-
129 192
-
other
-
-
-
-
income
5 290
-
35 462
-
pensions
2 104
-
8 495
-
surtax
103
-
5 112
-
unemployment
2 197
-
8 864
-
health
806
-
3 247
-
total
10 500
-
61 180
-
Employer
31 557
-
129 192
-
unemployment
1 000
-
4 036
-
health
1 436
-
5 795
-
pensions
4 207
-
16 977
-
other
-
-
-
-
total
6 643
-
26 808
-
Corporate
117 801
156 000
-
-
income
30 627
40 560
-
-
total
30 627
40 560
-
-
Dividends
87 174
115 440
-
-
withholding
13 076
17 316
-
-
total
13 076
17 316
-
-
Income
156 000
156 000
156 000
156 000
Total tax
60 846
57 876
87 988
82 018
After tax
95 154
98 124
68 012
73 982
Living cost
21 057
21 057
21 057
21 057
Free-cash
74 097
77 067
46 955
52 925

Estimated living cost  is ₽21057 per week

₽12875
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1943
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽485
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5753
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽65083
₽46138
₽60337
₽59475
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
8 414
income
-
-
-
43 061
total
-
-
-
51 475
Employee
61 330
-
136 407
-
income
11 046
-
33 593
-
pensions
5 206
-
10 454
-
health
890
-
2 034
-
total
17 142
-
46 081
-
Employer
61 330
-
136 407
-
health
1 165
-
2 592
-
pensions
6 639
-
17 001
-
total
7 804
-
19 593
-
Corporate
86 866
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.

16 505
29 640
-
-
total
16 505
29 640
-
-
Dividends
70 362
126 360
-
-
withholding
5 278
22 697
-
-
total
5 278
22 697
-
-
Income
156 000
156 000
156 000
156 000
Total tax
46 729
52 337
65 674
51 475
After tax
109 271
103 663
90 326
104 525
Living cost
44 188
44 188
44 188
44 188
Free-cash
65 083
59 475
46 138
60 337

Estimated living cost  is ₽44188 per week

₽33105
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3312
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽462
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7308
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details

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
₽28085
₽44083
₽51664
-₽4260
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
national
-
-
-
2 051
pensions
-
-
-
14 352
health
-
-
-
351
regional
-
-
-
7 221
city
-
-
-
1 645
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.

-
-
-
3 120
total
-
-
-
28 740
Employee
88 467
-
139 631
-
pensions
7 432
-
11 727
-
regional
2 897
-
6 252
-
national
419
-
1 692
-
unemployment
-
-
-
-
health
200
-
315
-
city
949
-
1 501
-
total
11 897
-
21 487
-
Employer
88 467
-
139 631
-
unemployment
-
-
-
-
health
200
-
315
-
pensions
7 432
-
11 727
-
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.

1 769
-
2 792
-
total
9 401
-
14 834
-
Corporate
57 159
156 000
-
-
national
4 858
13 259
-
-
regional
12 088
32 993
-
-
total
16 946
46 252
-
-
Dividends
40 213
109 748
-
-
withholding
14 075
38 412
-
-
total
14 075
38 412
-
-
Income
156 000
156 000
156 000
156 000
Total tax
52 319
84 664
36 321
28 740
After tax
103 681
71 336
119 679
127 260
Living cost
75 596
75 596
75 596
75 596
Free-cash
28 085
-4 260
44 083
51 664

Estimated living cost  is ₽75596 per week

₽49159
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽6784
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽928
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽18725
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽48853
₽56307
₽37162
₽33381
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
surtax

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

-
-
-
2 579
health

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

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

-
-
-
6 519
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.

-
-
-
46 880
trade
-
-
-
19 145
total
-
-
-
75 123
Employee

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

57 349
-
156 000
-
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.

6 744
-
46 880
-
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.

371
-
2 579
-
health

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

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

6 519
-
6 519
-
total
13 634
-
55 978
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
98 651
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.

813
1 288
-
-
chamber of commerce
284
364
-
-
income
14 799
23 400
-
-
trade
16 919
26 754
-
-
total
32 815
51 806
-
-
Dividends
65 836
104 194
-
-
surtax

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

886
1 412
-
-
withholding
16 097
25 686
-
-
total
16 983
27 098
-
-
Income
156 000
156 000
156 000
156 000
Total tax
63 432
78 904
55 978
75 123
After tax
92 568
77 096
100 022
80 877
Living cost
43 715
43 715
43 715
43 715
Free-cash
48 853
33 381
56 307
37 162

Estimated living cost  is ₽43715 per week

₽31928
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3497
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽569
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7723
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽51613
₽54424
₽55458
₽45977
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
surtax
-
-
-
-
pensions
-
-
-
28 969
health
-
-
-
6 219
income
-
-
-
23 425
social contributions
-
-
-
4 444
other
-
-
-
4 837
total
-
-
-
67 894
Employee
40 841
-
121 557
-
income
2 410
-
22 909
-
pensions
4 618
-
8 111
-
surtax
-
-
-
-
social contributions
1 164
-
3 464
-
total
8 192
-
34 484
-
Employer
40 841
-
121 557
-
unemployment
1 653
-
4 924
-
social contributions
123
-
364
-
health
2 859
-
10 843
-
pensions
6 709
-
13 716
-
other
1 409
-
4 597
-
total
12 753
-
34 444
-
Corporate
102 405
156 000
-
-
surtax
-
-
-
-
income
28 673
43 680
-
-
total
28 673
43 680
-
-
Dividends
73 732
112 320
-
-
surtax
-
-
-
-
social contributions
12 683
19 318
-
-
withholding
9 438
14 377
-
-
total
22 121
33 695
-
-
Income
156 000
156 000
156 000
156 000
Total tax
71 739
77 375
68 928
67 894
After tax
84 261
78 625
87 072
88 106
Living cost
32 648
32 648
32 648
32 648
Free-cash
51 613
45 977
54 424
55 458

Estimated living cost  is ₽32648 per week

₽20586
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2655
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽556
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8853
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽54513
₽57658
₽58692
₽49211
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
surtax
-
-
-
-
pensions
-
-
-
28 969
health
-
-
-
6 219
income
-
-
-
23 425
social contributions
-
-
-
4 444
other
-
-
-
4 837
total
-
-
-
67 894
Employee
36 456
-
121 557
-
income
1 880
-
22 909
-
pensions
4 123
-
8 111
-
surtax
-
-
-
-
social contributions
1 039
-
3 464
-
total
7 042
-
34 484
-
Employer
36 456
-
121 557
-
unemployment
1 476
-
4 924
-
social contributions
109
-
364
-
health
2 552
-
10 843
-
pensions
5 990
-
13 716
-
other
1 259
-
4 597
-
total
11 386
-
34 444
-
Corporate
108 159
156 000
-
-
surtax
-
-
-
-
income
30 285
43 680
-
-
total
30 285
43 680
-
-
Dividends
77 874
112 320
-
-
surtax
-
-
-
-
social contributions
13 393
19 318
-
-
withholding
9 967
14 377
-
-
total
23 360
33 695
-
-
Income
156 000
156 000
156 000
156 000
Total tax
72 073
77 375
68 928
67 894
After tax
83 927
78 625
87 072
88 106
Living cost
29 414
29 414
29 414
29 414
Free-cash
54 513
49 211
57 658
58 692

Estimated living cost  is ₽29414 per week

₽17058
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2988
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.
₽8810
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽75434
₽77087
₽79948
₽74940
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
156 000
health
-
-
-
10 889
income
-
-
-
23 400
social contributions
-
-
-
21 528
total
-
-
-
55 817
Employee
32 355
-
156 000
-
income
5 396
-
26 261
-
social contributions
4 466
-
21 528
-
health
2 258
-
10 889
-
total
12 120
-
58 678
-
Employer
32 355
-
156 000
-
total
-
-
-
-
Corporate
123 645
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%.

6 182
7 799
-
-
total
6 182
7 799
-
-
Dividends
117 463
148 201
-
-
social contributions
16 209
20 452
-
-
withholding
17 620
22 230
-
-
health
8 200
10 344
-
-
total
42 029
53 026
-
-
Income
156 000
156 000
156 000
156 000
Total tax
60 331
60 825
58 678
55 817
After tax
95 669
95 175
97 322
100 183
Living cost
20 235
20 235
20 235
20 235
Free-cash
75 434
74 940
77 087
79 948

Estimated living cost  is ₽20235 per week

₽13542
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1248
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽465
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4978
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽51330
₽7534
₽46408
₽52809
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
5 853
surtax
-
-
-
188
pensions
-
-
-
20 624
health
-
-
-
8 527
income
-
-
-
40 151
chamber of commerce
-
-
-
625
total
-
-
-
75 968
Employee
47 689
38 028
122 895
-
other
476
380
1 116
-
income
5 429
2 805
31 728
-
pensions
4 884
3 893
11 416
-
unemployment
1 431
1 141
3 345
-
health
1 845
1 472
4 314
-
total
14 065
9 691
51 919
-
Employer
47 689
38 028
122 895
-
chamber of commerce
190
152
491
-
surtax
188
188
188
-
accident
619
494
1 449
-
payroll
1 431
1 141
3 687
-
unemployment
1 431
1 141
3 345
-
health
1 802
1 438
4 214
-
pensions
5 985
4 773
13 991
-
other
2 265
1 805
5 740
-
total
13 911
11 132
33 105
-
Corporate
94 399
106 838
119 274
-
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.

23 599
26 709
29 818
-
total
23 599
26 709
29 818
-
Dividends
70 800
80 130
-
-
withholding
19 471
22 035
-
-
total
19 471
22 035
-
-
Income
156 000
156 000
156 000
156 000
Total tax
71 046
69 567
114 842
75 968
After tax
84 954
86 433
41 158
80 032
Living cost
33 624
33 624
33 624
33 624
Free-cash
51 330
52 809
7 534
46 408

Estimated living cost  is ₽33624 per week

₽22426
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2868
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽552
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7778
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽38167
₽20808
₽32762
₽52476
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
national
-
-
-
56 722
communal

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

-
-
-
7 932
social contributions
-
-
-
23 791
total
-
-
-
88 445
Employee

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

68 259
-
120 827
-
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.

5 119
-
9 062
-
communal

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

3 560
-
6 302
-
national
20 985
-
43 135
-
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.

594
-
1 050
-
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.

3 207
-
5 679
-
total
33 465
-
65 228
-
Employer

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

68 259
-
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.

887
-
1 570
-
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.

996
-
1 764
-
health

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

4 198
-
7 430
-
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.

6 048
-
10 706
-
surtax
7 740
-
13 701
-
total
19 869
-
35 171
-
Corporate
67 873
156 000
-
-
surtax
272
625
-
-
income
13 574
31 200
-
-
total
13 846
31 825
-
-
Dividends
54 027
124 176
-
-
withholding

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

15 860
36 906
-
-
total
15 860
36 906
-
-
Income
156 000
156 000
156 000
156 000
Total tax
83 040
68 731
100 399
88 445
After tax
72 960
87 269
55 601
67 555
Living cost
34 793
34 793
34 793
34 793
Free-cash
38 167
52 476
20 808
32 762

Estimated living cost  is ₽34793 per week

₽22411
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3042
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.
₽8795
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽62909
₽49216
₽53220
₽69667
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
619
accident
-
-
-
797
pensions
-
-
-
25 030
income
-
-
-
41 783
other
-
-
-
89
total
-
-
-
68 318
Employee
47 501
-
127 803
-
other
47
-
89
-
income
10 022
-
38 507
-
pensions
2 233
-
4 158
-
unemployment
737
-
1 371
-
total
13 039
-
44 125
-
Employer
47 501
-
127 803
-
accident
940
-
1 751
-
unemployment
2 613
-
4 864
-
pensions
11 209
-
20 874
-
other
378
-
708
-
total
15 140
-
28 197
-
Corporate
93 359
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.

14 004
23 400
-
-
total
14 004
23 400
-
-
Dividends
79 355
132 600
-
-
withholding
16 446
28 471
-
-
total
16 446
28 471
-
-
Income
156 000
156 000
156 000
156 000
Total tax
58 629
51 871
72 322
68 318
After tax
97 371
104 129
83 678
87 682
Living cost
34 462
34 462
34 462
34 462
Free-cash
62 909
69 667
49 216
53 220

Estimated living cost  is ₽34462 per week

₽25378
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2445
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽496
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6143
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽28507
₽32843
₽26625
₽40132
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
accident
-
-
-
1 315
surtax
-
-
-
7 734
pensions
-
-
-
23 382
communal
-
-
-
9 858
health
-
-
-
10 961
income
-
-
-
24 267
total
-
-
-
77 517
Employee
72 265
-
139 347
-
income
6 980
-
28 758
-
pensions
5 780
-
11 148
-
surtax
4 429
-
8 540
-
health
3 216
-
6 200
-
total
20 405
-
54 646
-
Employer
72 265
-
139 347
-
accident
650
-
1 255
-
health
2 204
-
4 250
-
pensions
5 780
-
11 148
-
total
8 634
-
16 653
-
Corporate
75 101
156 000
-
-
surtax
788
1 639
-
-
communal
5 069
10 530
-
-
income
11 265
23 400
-
-
total
17 122
35 569
-
-
Dividends
57 979
120 431
-
-
income
20 776
10 376
-
-
withholding
8 698
18 065
-
-
total
29 474
28 441
-
-
Income
156 000
156 000
156 000
156 000
Total tax
75 635
64 010
71 299
77 517
After tax
80 365
91 990
84 701
78 483
Living cost
51 858
51 858
51 858
51 858
Free-cash
28 507
40 132
32 843
26 625

Estimated living cost  is ₽51858 per week

₽38901
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3142
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽549
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9264
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽73655
₽46578
₽52548
₽76690
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
217
surtax
-
-
-
6 117
pensions
-
-
-
25 472
health
-
-
-
9 042
income
-
-
-
41 170
other
-
-
-
-
total
-
-
-
82 018
Employee
32 136
-
129 192
-
other
-
-
-
-
income
5 387
-
35 462
-
pensions
2 144
-
8 495
-
surtax
114
-
5 112
-
unemployment
2 236
-
8 864
-
health
820
-
3 247
-
total
10 701
-
61 180
-
Employer
32 136
-
129 192
-
unemployment
1 020
-
4 036
-
health
1 461
-
5 795
-
pensions
4 285
-
16 977
-
other
-
-
-
-
total
6 766
-
26 808
-
Corporate
117 099
156 000
-
-
income
30 446
40 560
-
-
total
30 446
40 560
-
-
Dividends
86 652
115 440
-
-
withholding
12 998
17 316
-
-
total
12 998
17 316
-
-
Income
156 000
156 000
156 000
156 000
Total tax
60 911
57 876
87 988
82 018
After tax
95 089
98 124
68 012
73 982
Living cost
21 434
21 434
21 434
21 434
Free-cash
73 655
76 690
46 578
52 548

Estimated living cost  is ₽21434 per week

₽12941
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1863
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽498
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6133
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽54170
₽42023
₽49036
₽56293
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
national
-
-
-
37 856
regional
-
-
-
2 351
municipal
-
-
-
927
social contributions
-
-
-
40 124
total
-
-
-
81 258
Employee
52 934
-
156 000
-
regional
713
-
2 100
-
national
8 386
-
32 741
-
social contributions
17 850
-
52 602
-
municipal
281
-
828
-
total
27 230
-
88 271
-
Employer
52 934
-
156 000
-
total
-
-
-
-
Corporate
103 066
156 000
-
-
nationa
24 737
37 440
-
-
municipal
5 123
7 752
-
-
total
29 860
45 192
-
-
Dividends
73 206
110 808
-
-
withholding
19 034
28 809
-
-
total
19 034
28 809
-
-
Income
156 000
156 000
156 000
156 000
Total tax
76 124
74 001
88 271
81 258
After tax
79 876
81 999
67 729
74 742
Living cost
25 706
25 706
25 706
25 706
Free-cash
54 170
56 293
42 023
49 036

Estimated living cost  is ₽25706 per week

₽15986
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2604
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽440
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6675
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽67974
₽50143
₽56789
₽78343
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
156 000
health
-
-
-
21 060
solidarity contribution
-
-
-
-
income
-
-
-
15 150
social contributions
-
-
-
33 938
total
-
-
-
70 148
Employee
42 740
-
116 462
-
solidarity contribution
-
-
-
-
income
5 129
-
13 978
-
social contributions
2 778
-
7 555
-
health
5 770
-
15 722
-
total
13 677
-
37 255
-
Employer
42 740
-
116 462
-
social contributions
10 685
-
29 057
-
health
3 847
-
10 482
-
total
14 532
-
39 539
-
Corporate
98 728
156 000
-
-
income
18 758
29 640
-
-
total
18 758
29 640
-
-
Dividends
79 970
126 360
-
-
withholding
11 996
18 954
-
-
total
11 996
18 954
-
-
Income
156 000
156 000
156 000
156 000
Total tax
58 963
48 594
76 794
70 148
After tax
97 037
107 406
79 206
85 852
Living cost
29 063
29 063
29 063
29 063
Free-cash
67 974
78 343
50 143
56 789

Estimated living cost  is ₽29063 per week

₽21613
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1610
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.
₽5337
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽55618
₽10773
₽49776
₽56090
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
5 853
surtax
-
-
-
-
pensions
-
-
-
20 624
health
-
-
-
8 527
income
-
-
-
40 151
chamber of commerce
-
-
-
625
total
-
-
-
75 780
Employee
41 713
38 028
123 069
-
other
417
380
1 116
-
income
3 716
2 805
31 801
-
pensions
4 272
3 893
11 416
-
unemployment
1 251
1 141
3 345
-
health
1 613
1 472
4 314
-
total
11 269
9 691
51 992
-
Employer
41 713
38 028
123 069
-
chamber of commerce
167
152
493
-
surtax
-
-
-
-
accident
541
494
1 449
-
payroll
1 251
1 141
3 692
-
unemployment
1 251
1 141
3 345
-
health
1 577
1 438
4 214
-
pensions
5 235
4 773
13 991
-
other
1 981
1 805
5 746
-
total
12 003
10 944
32 930
-
Corporate
102 282
107 027
119 449
-
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.

25 571
26 756
29 861
-
total
25 571
26 756
29 861
-
Dividends
76 711
80 271
-
-
withholding
21 095
22 075
-
-
total
21 095
22 075
-
-
Income
156 000
156 000
156 000
156 000
Total tax
69 938
69 466
114 783
75 780
After tax
86 062
86 534
41 217
80 220
Living cost
30 444
30 444
30 444
30 444
Free-cash
55 618
56 090
10 773
49 776

Estimated living cost  is ₽30444 per week

₽18263
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3109
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽543
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8529
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽132655
₽111710
₽141350
₽135110
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
16 363
-
156 000
-
income
3 273
-
31 200
-
total
3 273
-
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%.

139 637
156 000
-
-
total
-
-
-
-
Dividends
139 637
156 000
-
-
withholding
6 982
7 800
-
-
total
6 982
7 800
-
-
Income
156 000
156 000
156 000
156 000
Total tax
10 255
7 800
31 200
1 560
After tax
145 745
148 200
124 800
154 440
Living cost
13 090
13 090
13 090
13 090
Free-cash
132 655
135 110
111 710
141 350

Estimated living cost  is ₽13090 per week

₽8858
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽549
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽439
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3243
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽73830
₽47077
₽51210
₽81811
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
pensions
-
-
-
28 489
health
-
-
-
15 351
income
-
-
-
35 121
total
-
-
-
79 195
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.

42 197
-
134 981
-
income
7 277
-
32 478
-
pensions
6 541
-
20 923
-
unemployment
60
-
188
-
health
2 725
-
8 721
-
total
16 603
-
62 310
-
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.

42 197
-
134 981
-
unemployment
25
-
81
-
health
2 810
-
8 991
-
pensions
3 734
-
11 946
-
total
6 569
-
21 018
-
Corporate
107 233
156 000
-
-
income
20 374
29 640
-
-
total
20 374
29 640
-
-
Dividends
86 858
126 360
-
-
withholding
13 029
18 954
-
-
total
13 029
18 954
-
-
Income
156 000
156 000
156 000
156 000
Total tax
56 575
48 594
83 328
79 195
After tax
99 425
107 406
72 672
76 805
Living cost
25 595
25 595
25 595
25 595
Free-cash
73 830
81 811
47 077
51 210

Estimated living cost  is ₽25595 per week

₽17566
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1641
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽496
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5894
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽896
₽97648
₽63091
₽50192
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
30 407
social contributions
-
-
-
17 784
total
-
-
-
48 191
Employee
64 119
-
-
-
income
14 143
-
-
-
social contributions
5 258
-
749
-
total
19 401
-
749
-
Employer
64 119
-
-
-
social contributions
90 408
-
12 885
-
total
90 408
-
12 885
-
Corporate
1 474
156 000
-
-
income
324
34 320
-
-
total
324
34 320
-
-
Dividends
1 149
121 680
-
-
income
253
26 770
-
-
total
253
26 770
-
-
Income
156 000
156 000
156 000
156 000
Total tax
110 386
61 090
13 634
48 191
After tax
45 614
94 910
142 366
107 809
Living cost
44 718
44 718
44 718
44 718
Free-cash
896
50 192
97 648
63 091

Estimated living cost  is ₽44718 per week

₽29015
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4206
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽570
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10927
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽57841
₽42562
₽54073
₽58801
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
surtax
-
-
-
-
income
-
-
-
17 784
social contributions

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

-
-
-
54 211
total
-
-
-
71 995
Employee
43 888
-
126 061
-
income
9 129
-
39 701
-
surtax
-
-
-
-
social contributions
4 828
-
13 866
-
total
13 957
-
53 567
-
Employer
43 888
-
126 061
-
social contributions
10 423
-
29 939
-
total
10 423
-
29 939
-
Corporate
101 688
156 000
-
-
surtax
-
-
-
-
income
21 354
32 761
-
-
total
21 354
32 761
-
-
Dividends
80 334
123 239
-
-
withholding
22 493
34 506
-
-
total
22 493
34 506
-
-
Income
156 000
156 000
156 000
156 000
Total tax
68 227
67 267
83 506
71 995
After tax
87 773
88 733
72 494
84 005
Living cost
29 932
29 932
29 932
29 932
Free-cash
57 841
58 801
42 562
54 073

Estimated living cost  is ₽29932 per week

₽22395
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1766
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽500
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5271
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽39096
₽40983
₽42017
₽32536
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
surtax
-
-
-
-
pensions
-
-
-
28 969
health
-
-
-
6 219
income
-
-
-
23 425
social contributions
-
-
-
4 444
other
-
-
-
4 837
total
-
-
-
67 894
Employee
59 767
-
121 557
-
income
5 215
-
22 909
-
pensions
6 760
-
8 111
-
surtax
-
-
-
-
social contributions
1 702
-
3 464
-
total
13 677
-
34 484
-
Employer
59 767
-
121 557
-
unemployment
2 421
-
4 924
-
social contributions
179
-
364
-
health
4 183
-
10 843
-
pensions
9 820
-
13 716
-
other
2 063
-
4 597
-
total
18 666
-
34 444
-
Corporate
77 567
156 000
-
-
surtax
-
-
-
-
income
21 718
43 680
-
-
total
21 718
43 680
-
-
Dividends
55 849
112 320
-
-
surtax
-
-
-
-
social contributions
9 605
19 318
-
-
withholding
7 149
14 377
-
-
total
16 754
33 695
-
-
Income
156 000
156 000
156 000
156 000
Total tax
70 815
77 375
68 928
67 894
After tax
85 185
78 625
87 072
88 106
Living cost
46 089
46 089
46 089
46 089
Free-cash
39 096
32 536
40 983
42 017

Estimated living cost  is ₽46089 per week

₽31192
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3770
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽632
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10494
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽108509
₽90766
₽86621
₽111714
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
6 372
social contributions
-
-
-
34 322
total
-
-
-
40 694
Employee
30 678
-
135 064
-
income
-
-
6 834
-
social contributions
1 994
-
8 779
-
total
1 994
-
15 613
-
Employer
30 678
-
135 064
-
social contributions
4 755
-
20 936
-
total
4 755
-
20 936
-
Corporate
120 566
156 000
-
-
income
12 057
15 601
-
-
total
12 057
15 601
-
-
Dividends
108 509
140 399
-
-
total
-
-
-
-
Income
156 000
156 000
156 000
156 000
Total tax
18 806
15 601
36 549
40 694
After tax
137 194
140 399
119 451
115 306
Living cost
28 685
28 685
28 685
28 685
Free-cash
108 509
111 714
90 766
86 621

Estimated living cost  is ₽28685 per week

₽18547
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2162
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽540
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7435
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽51407
-₽51407
₽46834
-₽51407
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
national
-
-
-
17 932
pensions
-
-
-
825
municipal
-
-
-
32 149
labour market
-
-
-
12 414
total
-
-
-
63 320
Employee
193 506
193 506
193 506
-
labour market
15 458
15 458
15 458
-
pensions
275
275
275
-
national
23 640
23 640
23 640
-
municipal
41 206
41 206
41 206
-
total
80 579
80 579
80 579
-
Employer
193 506
193 506
193 506
-
labour market
15 480
15 480
15 480
-
national
23 681
23 681
23 681
-
municipal
41 271
41 271
41 271
-
pensions
550
550
550
-
total
80 982
80 982
80 982
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
156 000
156 000
156 000
156 000
Total tax
161 561
161 561
161 561
63 320
After tax
-5 561
-5 561
-5 561
92 680
Living cost
45 846
45 846
45 846
45 846
Free-cash
-51 407
-51 407
-51 407
46 834

Estimated living cost  is ₽45846 per week

₽31378
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4056
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽705
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9708
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽9522
₽64112
₽86368
-₽7671
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
accident
-
-
-
237
pensions
-
-
-
3 898
health
-
-
-
2 043
income
-
-
-
42 800
other
-
-
-
347
total
-
-
-
49 325
Employee
31 944
-
139 914
-
income
4 382
-
32 327
-
pensions
3 597
-
7 148
-
health
3 658
-
16 020
-
total
11 637
-
55 495
-
Employer
31 944
-
139 914
-
accident
533
-
2 337
-
unemployment
783
-
3 428
-
pensions
5 194
-
10 321
-
total
6 510
-
16 086
-
Corporate
117 546
156 000
-
-
income

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

105 791
140 400
-
-
total
105 791
140 400
-
-
Dividends
11 754
15 600
-
-
withholding
2 233
2 964
-
-
total
2 233
2 964
-
-
Income
156 000
156 000
156 000
156 000
Total tax
126 171
143 364
71 581
49 325
After tax
29 829
12 636
84 419
106 675
Living cost
20 307
20 307
20 307
20 307
Free-cash
9 522
-7 671
64 112
86 368

Estimated living cost  is ₽20307 per week

₽14781
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1158
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽381
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3987
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽63977
₽45970
₽65740
₽61867
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
national
-
-
-
23 900
health
-
-
-
2 005
municipal
-
-
-
27 719
total
-
-
-
53 624
Employee
50 205
-
131 236
-
pensions
3 388
-
8 859
-
national
829
-
14 800
-
unemployment
753
-
1 968
-
municipal
8 223
-
21 381
-
health
375
-
1 623
-
total
13 568
-
48 631
-
Employer
50 205
-
131 236
-
accident
51
-
130
-
unemployment
326
-
853
-
health
386
-
1 010
-
pensions
8 710
-
22 770
-
total
9 473
-
24 763
-
Corporate
96 322
156 000
-
-
income
19 264
31 200
-
-
total
19 264
31 200
-
-
Dividends

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

57 793
93 600
-
-
national
2 678
9 449
-
-
municipal
10 404
16 848
-
-
total
13 082
26 297
-
-
Income
156 000
156 000
156 000
156 000
Total tax
55 387
57 497
73 394
53 624
After tax
100 613
98 503
82 606
102 376
Living cost
36 636
36 636
36 636
36 636
Free-cash
63 977
61 867
45 970
65 740

Estimated living cost  is ₽36636 per week

₽23931
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3524
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽583
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8600
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽86554
₽83734
₽85136
₽91748
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
156 000
health
-
-
-
3 979
income
-
-
-
29 351
social contributions
-
-
-
15 440
total
-
-
-
48 770
Employee
73 378
73 378
145 102
-
income
7 990
6 793
28 594
-
social contributions
2 774
6 090
8 214
-
health
569
1 248
2 466
-
total
11 333
14 131
39 274
-
Employer
73 378
73 378
145 102
-
social contributions
2 774
6 090
8 214
-
health
618
1 358
2 684
-
total
3 392
7 448
10 898
-
Corporate
119 182
75 174
-
-
income
14 898
9 397
-
-
total
14 898
9 397
-
-
Dividends
104 284
65 777
-
-
withholding
17 729
11 182
-
-
total
17 729
11 182
-
-
Income
156 000
156 000
156 000
156 000
Total tax
47 352
42 158
50 172
48 770
After tax
108 648
113 842
105 828
107 230
Living cost
22 094
22 094
22 094
22 094
Free-cash
86 554
91 748
83 734
85 136

Estimated living cost  is ₽22094 per week

₽13241
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2168
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽489
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6197
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽109177
₽96386
₽115526
₽114033
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
pensions
-
-
-
6 070
health
-
-
-
3 453
income
-
-
-
15 773
total
-
-
-
25 323
Employee

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

21 903
-
146 674
-
income
1 498
-
13 406
-
pensions
3 285
-
13 582
-
unemployment
109
-
453
-
health
1 862
-
7 696
-
total
6 754
-
35 137
-
Employer

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

21 903
-
146 674
-
unemployment
109
-
453
-
health
942
-
3 893
-
pensions
1 204
-
4 980
-
total
2 255
-
9 326
-
Corporate
131 842
156 000
-
-
income
11 865
14 040
-
-
total
11 865
14 040
-
-
Dividends
119 977
141 960
-
-
withholding
10 798
12 776
-
-
total
10 798
12 776
-
-
Income
156 000
156 000
156 000
156 000
Total tax
31 672
26 816
44 463
25 323
After tax
124 328
129 184
111 537
130 677
Living cost
15 151
15 151
15 151
15 151
Free-cash
109 177
114 033
96 386
115 526

Estimated living cost  is ₽15151 per week

₽9666
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1092
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽451
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3940
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽73676
₽57437
₽61441
₽77888
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
619
accident
-
-
-
797
pensions
-
-
-
25 030
income
-
-
-
41 783
other
-
-
-
89
total
-
-
-
68 318
Employee
35 284
-
127 803
-
other
34
-
89
-
income
6 803
-
38 507
-
pensions
1 659
-
4 158
-
unemployment
547
-
1 371
-
total
9 043
-
44 125
-
Employer
35 284
-
127 803
-
accident
699
-
1 751
-
unemployment
1 941
-
4 864
-
pensions
8 326
-
20 874
-
other
282
-
708
-
total
11 248
-
28 197
-
Corporate
109 466
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.

16 419
23 400
-
-
total
16 419
23 400
-
-
Dividends
93 047
132 600
-
-
withholding
19 373
28 471
-
-
total
19 373
28 471
-
-
Income
156 000
156 000
156 000
156 000
Total tax
56 083
51 871
72 322
68 318
After tax
99 917
104 129
83 678
87 682
Living cost
26 241
26 241
26 241
26 241
Free-cash
73 676
77 888
57 437
61 441

Estimated living cost  is ₽26241 per week

₽17712
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2523
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽460
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5547
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽95434
₽98680
₽98797
₽95704
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
1 196
health
-
-
-
867
income
-
-
-
53 500
total
-
-
-
55 563
Employee
2 497
-
154 655
-
income
483
-
53 437
-
pensions
225
-
538
-
unemployment
25
-
60
-
health
125
-
299
-
total
858
-
54 334
-
Employer
2 497
-
154 655
-
unemployment
50
-
120
-
health
237
-
568
-
pensions
275
-
658
-
total
562
-
1 346
-
Corporate
152 941
156 000
-
-
income
33 647
34 320
-
-
total
33 647
34 320
-
-
Dividends
119 294
121 680
-
-
withholding
23 859
24 336
-
-
total
23 859
24 336
-
-
Income
156 000
156 000
156 000
156 000
Total tax
58 926
58 656
55 680
55 563
After tax
97 074
97 344
100 320
100 437
Living cost
1 640
1 640
1 640
1 640
Free-cash
95 434
95 704
98 680
98 797

Estimated living cost  is ₽1640 per week

₽974
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽133
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽38
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽495
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽91567
₽77924
₽77926
₽96249
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
1 055
pensions
-
-
-
18 289
health
-
-
-
7 245
income
-
-
-
35 024
total
-
-
-
61 613
Employee

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

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

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

24 821
-
143 409
-
income
3 421
-
35 024
-
pensions
3 475
-
9 848
-
unemployment
186
-
528
-
health
1 278
-
3 623
-
total
8 360
-
49 023
-
Employer

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

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

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

24 821
-
143 409
-
unemployment
186
-
528
-
health
1 278
-
3 623
-
pensions
2 979
-
8 441
-
total
4 443
-
12 592
-
Corporate
126 735
156 000
-
-
income
19 010
23 400
-
-
total
19 010
23 400
-
-
Dividends
107 725
132 600
-
-
withholding
16 159
19 890
-
-
total
16 159
19 890
-
-
Income
156 000
156 000
156 000
156 000
Total tax
47 972
43 290
61 615
61 613
After tax
108 028
112 710
94 385
94 387
Living cost
16 461
16 461
16 461
16 461
Free-cash
91 567
96 249
77 924
77 926

Estimated living cost  is ₽16461 per week

₽11083
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1273
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽476
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3628
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽62663
₽46768
₽58279
₽63007
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
surtax
-
-
-
-
income
-
-
-
17 784
social contributions

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

-
-
-
54 211
total
-
-
-
71 995
Employee
37 037
-
126 061
-
income
7 237
-
39 701
-
surtax
-
-
-
-
social contributions
4 074
-
13 866
-
total
11 311
-
53 567
-
Employer
37 037
-
126 061
-
social contributions
8 795
-
29 939
-
total
8 795
-
29 939
-
Corporate
110 168
156 000
-
-
surtax
-
-
-
-
income
23 136
32 761
-
-
total
23 136
32 761
-
-
Dividends
87 032
123 239
-
-
withholding
24 369
34 506
-
-
total
24 369
34 506
-
-
Income
156 000
156 000
156 000
156 000
Total tax
67 611
67 267
83 506
71 995
After tax
88 389
88 733
72 494
84 005
Living cost
25 726
25 726
25 726
25 726
Free-cash
62 663
63 007
46 768
58 279

Estimated living cost  is ₽25726 per week

₽18221
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1787
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽456
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5262
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽64158
₽50141
₽54145
₽70592
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
619
accident
-
-
-
797
pensions
-
-
-
25 030
income
-
-
-
41 783
other
-
-
-
89
total
-
-
-
68 318
Employee
46 086
-
127 803
-
other
45
-
89
-
income
9 626
-
38 507
-
pensions
2 166
-
4 158
-
unemployment
713
-
1 371
-
total
12 550
-
44 125
-
Employer
46 086
-
127 803
-
accident
913
-
1 751
-
unemployment
2 535
-
4 864
-
pensions
10 876
-
20 874
-
other
369
-
708
-
total
14 693
-
28 197
-
Corporate
95 220
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.

14 282
23 400
-
-
total
14 282
23 400
-
-
Dividends
80 938
132 600
-
-
withholding
16 780
28 471
-
-
total
16 780
28 471
-
-
Income
156 000
156 000
156 000
156 000
Total tax
58 305
51 871
72 322
68 318
After tax
97 695
104 129
83 678
87 682
Living cost
33 537
33 537
33 537
33 537
Free-cash
64 158
70 592
50 141
54 145

Estimated living cost  is ₽33537 per week

₽24085
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2608
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.
₽6372
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽110441
₽112410
₽106479
₽116442
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
138
pensions

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

-
-
-
5 090
health
-
-
-
3 955
income
-
-
-
23 400
total
-
-
-
32 583
Employee
22 429
-
149 252
-
income
2 243
-
14 925
-
pensions

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

1 969
-
3 020
-
accident

We are using the highest rate at 1.1%.

246
-
378
-
health
1 032
-
1 582
-
total
5 490
-
19 905
-
Employer
22 429
-
149 252
-
accident

We are using the highest rate at 1.1%.

246
-
378
-
unemployment
135
-
206
-
health
1 548
-
2 373
-
pensions

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

2 472
-
3 790
-
total
4 401
-
6 747
-
Corporate
129 171
156 000
-
-
income
12 917
15 600
-
-
total
12 917
15 600
-
-
Dividends
116 254
140 400
-
-
withholding
5 813
7 020
-
-
total
5 813
7 020
-
-
Income
156 000
156 000
156 000
156 000
Total tax
28 621
22 620
26 652
32 583
After tax
127 379
133 380
129 348
123 417
Living cost
16 938
16 938
16 938
16 938
Free-cash
110 441
116 442
112 410
106 479

Estimated living cost  is ₽16938 per week

₽11203
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽970
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽404
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4362
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽55949
₽63181
₽47162
₽43464
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
surtax

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

-
-
-
2 579
health

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

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

-
-
-
6 519
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.

-
-
-
46 880
trade
-
-
-
16 019
total
-
-
-
71 997
Employee

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

47 480
-
156 000
-
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.

3 904
-
46 880
-
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.

215
-
2 579
-
health

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

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

6 519
-
6 519
-
total
10 638
-
55 978
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
108 520
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.

895
1 288
-
-
chamber of commerce
304
373
-
-
income
16 278
23 400
-
-
trade
15 572
22 386
-
-
total
33 049
47 447
-
-
Dividends
75 471
108 553
-
-
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.

1 018
1 472
-
-
withholding
18 505
26 776
-
-
total
19 523
28 248
-
-
Income
156 000
156 000
156 000
156 000
Total tax
63 210
75 695
55 978
71 997
After tax
92 790
80 305
100 022
84 003
Living cost
36 841
36 841
36 841
36 841
Free-cash
55 949
43 464
63 181
47 162

Estimated living cost  is ₽36841 per week

₽25414
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3964
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽534
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6928
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽56948
₽29267
₽29267
₽54840
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
156 000
income
-
-
-
46 627
social contributions
-
-
-
25 747
total
-
-
-
72 374
Employee
74 644
-
156 000
-
income
14 085
-
46 627
-
social contributions
6 201
-
25 747
-
total
20 286
-
72 374
-
Employer
74 644
-
156 000
-
total
-
-
-
-
Corporate
81 356
156 000
-
-
income
10 170
19 500
-
-
total
10 170
19 500
-
-
Dividends
71 186
136 500
-
-
withholding
14 237
27 301
-
-
total
14 237
27 301
-
-
Income
156 000
156 000
156 000
156 000
Total tax
44 693
46 801
72 374
72 374
After tax
111 307
109 199
83 626
83 626
Living cost
54 359
54 359
54 359
54 359
Free-cash
56 948
54 840
29 267
29 267

Estimated living cost  is ₽54359 per week

₽41355
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4429
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽520
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8055
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽65053
₽77016
₽88147
₽61719
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
6 050
income
-
-
-
27 163
total
-
-
-
33 213
Employee
43 776
-
151 610
-
income
4 750
-
35 564
-
social contributions
4 386
-
4 390
-
total
9 136
-
39 954
-
Employer
43 776
-
151 610
-
social contributions
4 386
-
4 390
-
total
4 386
-
4 390
-
Corporate
107 838
156 000
-
-
income
37 744
54 600
-
-
total
37 744
54 600
-
-
Dividends
70 094
101 400
-
-
social contributions
5 041
5 041
-
-
total
5 041
5 041
-
-
Income
156 000
156 000
156 000
156 000
Total tax
56 307
59 641
44 344
33 213
After tax
99 693
96 359
111 656
122 787
Living cost
34 640
34 640
34 640
34 640
Free-cash
65 053
61 719
77 016
88 147

Estimated living cost  is ₽34640 per week

₽22817
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2731
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽531
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8560
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽73466
₽54403
₽68602
₽67740
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
8 414
income
-
-
-
43 061
total
-
-
-
51 475
Employee
49 310
-
136 407
-
income
8 980
-
33 593
-
pensions
3 764
-
10 454
-
health
643
-
2 034
-
total
13 387
-
46 081
-
Employer
49 310
-
136 407
-
health
937
-
2 592
-
pensions
4 982
-
17 001
-
total
5 919
-
19 593
-
Corporate
100 771
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.

19 146
29 640
-
-
total
19 146
29 640
-
-
Dividends
81 625
126 360
-
-
withholding
8 159
22 697
-
-
total
8 159
22 697
-
-
Income
156 000
156 000
156 000
156 000
Total tax
46 611
52 337
65 674
51 475
After tax
109 389
103 663
90 326
104 525
Living cost
35 923
35 923
35 923
35 923
Free-cash
73 466
67 740
54 403
68 602

Estimated living cost  is ₽35923 per week

₽24643
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3304
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽449
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7525
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽9214
₽62102
₽84358
-₽9681
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
accident
-
-
-
237
pensions
-
-
-
3 898
health
-
-
-
2 043
income
-
-
-
42 800
other
-
-
-
347
total
-
-
-
49 325
Employee
35 106
-
139 914
-
income
4 816
-
32 327
-
pensions
3 953
-
7 148
-
health
4 019
-
16 020
-
total
12 788
-
55 495
-
Employer
35 106
-
139 914
-
accident
586
-
2 337
-
unemployment
860
-
3 428
-
pensions
5 708
-
10 321
-
total
7 154
-
16 086
-
Corporate
113 740
156 000
-
-
income

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

102 366
140 400
-
-
total
102 366
140 400
-
-
Dividends
11 374
15 600
-
-
withholding
2 161
2 964
-
-
total
2 161
2 964
-
-
Income
156 000
156 000
156 000
156 000
Total tax
124 469
143 364
71 581
49 325
After tax
31 531
12 636
84 419
106 675
Living cost
22 317
22 317
22 317
22 317
Free-cash
9 214
-9 681
62 102
84 358

Estimated living cost  is ₽22317 per week

₽16378
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1300
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽450
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4189
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

Poland permits registration as a sole-trader only for EU nationals or long-term EU resident permit holders. Other nationals should use a business incubator or set up a company and hire themselves as an employee.

Source of data for Warsaw model

Close
Skopje , Macedonia
₽113929
₽96605
₽75632
₽118391
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
1 830
pensions
-
-
-
28 066
income
-
-
-
25 539
health insurance
-
-
-
11 287
work injury
-
-
-
763
total
-
-
-
67 485
Employee

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

20 613
-
156 000
-
income
2 061
-
25 539
-
pensions
3 793
-
14 033
-
health insurance
1 525
-
5 644
-
unemployment
247
-
915
-
work injury
103
-
381
-
total
7 729
-
46 512
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
135 387
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%.

1 354
1 560
-
-
total
1 354
1 560
-
-
Dividends
134 033
154 440
-
-
withholding
20 105
23 166
-
-
total
20 105
23 166
-
-
Income
156 000
156 000
156 000
156 000
Total tax
29 188
24 726
46 512
67 485
After tax
126 812
131 274
109 488
88 515
Living cost
12 883
12 883
12 883
12 883
Free-cash
113 929
118 391
96 605
75 632

Estimated living cost  is ₽12883 per week

₽7981
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽936
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽402
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3564
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽39815
₽28554
₽35403
₽44155
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
national
-
-
-
37 856
regional
-
-
-
3 559
municipal
-
-
-
1 043
social contributions
-
-
-
40 124
total
-
-
-
82 582
Employee
80 412
-
156 000
-
regional
1 214
-
3 157
-
national
13 589
-
32 741
-
social contributions
27 114
-
52 602
-
municipal
480
-
931
-
total
42 397
-
89 431
-
Employer
80 412
-
156 000
-
total
-
-
-
-
Corporate
75 588
156 000
-
-
nationa
18 141
37 440
-
-
municipal
3 643
7 519
-
-
total
21 784
44 959
-
-
Dividends
53 803
111 041
-
-
withholding
13 989
28 871
-
-
total
13 989
28 871
-
-
Income
156 000
156 000
156 000
156 000
Total tax
78 170
73 830
89 431
82 582
After tax
77 830
82 170
66 569
73 418
Living cost
38 015
38 015
38 015
38 015
Free-cash
39 815
44 155
28 554
35 403

Estimated living cost  is ₽38015 per week

₽26703
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2615
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.
₽8122
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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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