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
₽48255
₽70268
₽53062
₽59377
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
income

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

-
-
-
45 875
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.

-
-
-
2 523
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.

-
-
-
6 871
trade
-
-
-
17 206
total
-
-
-
72 475
Employee

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

38 468
-
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.

59
-
2 523
-
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.

1 075
-
45 875
-
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.

6 871
-
6 871
-
total
8 005
-
55 269
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
117 532
156 000
-
-
income
17 630
23 399
-
-
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.

970
1 286
-
-
chamber of commerce
321
376
-
-
trade
18 511
24 569
-
-
total
37 432
49 630
-
-
Dividends
80 101
106 369
-
-
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.

1 080
1 441
-
-
withholding
19 643
26 211
-
-
total
20 723
27 652
-
-
Income
156 000
156 000
156 000
156 000
Total tax
66 160
77 282
55 269
72 475
After tax
89 840
78 718
100 731
83 525
Living cost
30 463
30 463
30 463
30 463
Free-cash
59 377
48 255
70 268
53 062

Estimated living cost  is ₽30463 per week

₽19162
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3552
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.
₽7180
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽43933
₽40379
₽39155
₽43044
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
156 000
social contributions
-
-
-
1 677
municipal
-
-
-
16 880
national
-
-
-
26 157
pensions
-
-
-
18 720
total
-
-
-
63 434
Employee
82 797
-
134 861
-
municipal
10 227
-
17 484
-
pensions
3 312
-
5 394
-
national
15 847
-
27 093
-
total
29 386
-
49 971
-
Employer
82 797
-
134 861
-
pensions
6 624
-
10 789
-
social contributions
890
-
1 450
-
total
7 514
-
12 239
-
Corporate
60 225
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%.

12 045
31 200
-
-
total
12 045
31 200
-
-
Dividends
48 180
124 800
-
-
withholding
10 600
27 456
-
-
total
10 600
27 456
-
-
Income
156 000
156 000
156 000
156 000
Total tax
59 545
58 656
62 210
63 434
After tax
96 455
97 344
93 790
92 566
Living cost
53 411
53 411
53 411
53 411
Free-cash
43 044
43 933
40 379
39 155

Estimated living cost  is ₽53411 per week

₽36303
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4965
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽799
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽11344
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽103876
₽73463
₽30887
₽95626
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
income
-
-
-
25 873
surtax
-
-
-
39 781
social contributions

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

-
-
-
38 535
microenterprise
-
-
-
-
total
-
-
-
104 189
Employee
29 388
-
112 957
-
surtax
-
-
-
-
social contributions

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

3 233
-
12 425
-
income
5 231
-
21 977
-
total
8 464
-
34 402
-
Employer
29 388
-
112 957
-
social contributions

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

7 079
-
27 211
-
surtax
-
-
-
-
total
7 079
-
27 211
-
Corporate
119 533
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%.

23 907
31 200
-
-
total
23 907
31 200
-
-
Dividends

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

95 626
124 800
-
-
total
-
-
-
-
Income
156 000
156 000
156 000
156 000
Total tax
39 450
31 200
61 613
104 189
After tax
116 550
124 800
94 387
51 811
Living cost
20 924
20 924
20 924
20 924
Free-cash
95 626
103 876
73 463
30 887

Estimated living cost  is ₽20924 per week

₽13349
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1993
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽475
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5107
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽34787
₽53035
₽45464
₽28625
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
44 218
health
-
-
-
12 402
pensions
-
-
-
11 784
total
-
-
-
68 404
Employee
85 887
85 887
137 309
-
pensions
15 460
11 784
11 784
-
income

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

14 058
14 058
17 956
-
health
13 183
11 213
12 402
-
total
42 701
37 055
42 142
-
Employer
85 887
85 887
137 309
-
health
5 970
5 970
7 419
-
pensions
5 978
5 978
7 430
-
unemployment
3 092
3 092
3 842
-
total
15 040
15 040
18 691
-
Corporate
56 127
55 073
-
-
income
11 226
11 015
-
-
total
11 226
11 015
-
-
Dividends
44 901
44 059
-
-
income
9 541
9 362
-
-
withholding
6 735
6 609
-
-
total
16 276
15 971
-
-
Income
156 000
156 000
156 000
156 000
Total tax
85 243
79 081
60 833
68 404
After tax
70 757
76 919
95 167
87 596
Living cost
42 132
42 132
42 132
42 132
Free-cash
28 625
34 787
53 035
45 464

Estimated living cost  is ₽42132 per week

₽29858
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3798
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽670
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7806
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽43970
₽39498
₽40498
₽43045
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
181
other
-
-
-
10 494
unemployment
-
-
-
90
health
-
-
-
5 635
municipal
-
-
-
38 718
national
-
-
-
9 416
pensions
-
-
-
9 762
total
-
-
-
74 296
Employee
58 715
-
127 625
-
municipal
17 509
-
38 058
-
national
-
-
8 863
-
total
17 509
-
46 921
-
Employer
58 715
-
127 625
-
health
3 611
-
5 554
-
pensions
6 347
-
9 762
-
accident
117
-
181
-
unemployment
1 550
-
2 384
-
other
6 823
-
10 494
-
total
18 448
-
28 375
-
Corporate
78 837
156 000
-
-
income
17 344
34 320
-
-
total
17 344
34 320
-
-
Dividends
61 493
121 680
-
-
withholding
18 448
36 504
-
-
total
18 448
36 504
-
-
Income
156 000
156 000
156 000
156 000
Total tax
71 749
70 824
75 296
74 296
After tax
84 251
85 176
80 704
81 704
Living cost
41 206
41 206
41 206
41 206
Free-cash
43 045
43 970
39 498
40 498

Estimated living cost  is ₽41206 per week

₽27310
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4043
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽626
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9227
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽38406
₽61221
₽43252
₽52534
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
income

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

-
-
-
45 875
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.

-
-
-
2 523
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.

-
-
-
6 871
trade
-
-
-
17 969
total
-
-
-
73 238
Employee

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

51 004
-
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.

240
-
2 523
-
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.

4 382
-
45 875
-
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.

6 871
-
6 871
-
total
11 493
-
55 269
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
104 996
156 000
-
-
income
15 750
23 399
-
-
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.

867
1 286
-
-
chamber of commerce
302
374
-
-
trade
17 273
25 661
-
-
total
34 192
50 720
-
-
Dividends
70 806
105 279
-
-
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.

952
1 426
-
-
withholding
17 319
25 938
-
-
total
18 271
27 364
-
-
Income
156 000
156 000
156 000
156 000
Total tax
63 956
78 084
55 269
73 238
After tax
92 044
77 916
100 731
82 762
Living cost
39 510
39 510
39 510
39 510
Free-cash
52 534
38 406
61 221
43 252

Estimated living cost  is ₽39510 per week

₽26424
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4166
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽590
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8329
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽81250
₽73636
₽75064
₽77080
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
28 064
social contributions
-
-
-
16 273
health
-
-
-
3 978
total
-
-
-
48 315
Employee
77 337
77 337
144 667
-
social contributions
3 758
6 419
8 657
-
income
8 121
7 159
27 293
-
health
769
1 315
2 460
-
total
12 648
14 893
38 410
-
Employer
77 337
77 337
144 667
-
health
838
1 431
2 676
-
social contributions
3 758
6 419
8 657
-
total
4 596
7 850
11 333
-
Corporate
106 134
70 813
-
-
income
13 267
8 852
-
-
total
13 267
8 852
-
-
Dividends
92 868
61 961
-
-
withholding
15 788
10 534
-
-
total
15 788
10 534
-
-
Income
156 000
156 000
156 000
156 000
Total tax
46 299
42 129
49 743
48 315
After tax
109 701
113 871
106 257
107 685
Living cost
32 621
32 621
32 621
32 621
Free-cash
77 080
81 250
73 636
75 064

Estimated living cost  is ₽32621 per week

₽22300
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2548
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽548
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7226
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽69225
₽71980
₽89614
₽69609
S + D Salary + Dividends

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

Dividends

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

Salary

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

26 641
10 603
130 544
-
unemployment
400
159
1 958
-
pensions
2 664
1 060
13 054
-
income
3 257
1 296
15 959
-
health
1 865
742
9 138
-
total
8 186
3 257
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.

26 641
10 603
130 544
-
pensions
5 195
2 068
25 456
-
total
5 195
2 068
25 456
-
Corporate
124 164
143 330
-
-
income
11 175
12 900
-
-
total
11 175
12 900
-
-
Dividends
112 990
130 430
-
-
social contributions
21 912
25 313
-
-
withholding
21 468
24 782
-
-
total
43 380
50 095
-
-
Income
156 000
156 000
156 000
156 000
Total tax
67 936
68 320
65 565
47 931
After tax
88 064
87 680
90 435
108 069
Living cost
18 455
18 455
18 455
18 455
Free-cash
69 609
69 225
71 980
89 614

Estimated living cost  is ₽18455 per week

₽12594
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1510
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽369
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3982
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽100508
₽65626
₽59322
₽94260
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
156 000
income
-
-
-
20 905
health
-
-
-
20 281
pensions
-
-
-
31 200
total
-
-
-
72 386
Employee
28 531
-
116 589
-
unemployment
456
-
1 865
-
pensions
571
-
2 332
-
income
3 212
-
22 479
-
total
4 239
-
26 676
-
Employer
28 531
-
116 589
-
health
3 708
-
15 156
-
pensions
5 707
-
23 317
-
unemployment
229
-
933
-
total
9 644
-
39 406
-
Corporate
117 824
156 000
-
-
income
23 565
31 200
-
-
total
23 565
31 200
-
-
Dividends
94 259
124 800
-
-
total
-
-
-
-
Income
156 000
156 000
156 000
156 000
Total tax
37 448
31 200
66 082
72 386
After tax
118 552
124 800
89 918
83 614
Living cost
24 292
24 292
24 292
24 292
Free-cash
94 260
100 508
65 626
59 322

Estimated living cost  is ₽24292 per week

₽16662
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1447
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.
₽5695
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽9764
₽61515
₽84327
₽9200
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
257
income
-
-
-
42 182
other
-
-
-
377
health
-
-
-
2 221
pensions
-
-
-
4 236
total
-
-
-
49 273
Employee
35 237
-
139 053
-
pensions
3 968
-
7 768
-
income
4 834
-
31 448
-
health
4 035
-
15 922
-
total
12 837
-
55 138
-
Employer
35 237
-
139 053
-
pensions
5 730
-
11 218
-
accident
588
-
2 322
-
unemployment
863
-
3 407
-
total
7 181
-
16 947
-
Corporate
113 582
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.

102 224
140 400
-
-
total
102 224
140 400
-
-
Dividends
11 358
15 600
-
-
withholding
2 158
2 964
-
-
total
2 158
2 964
-
-
Income
156 000
156 000
156 000
156 000
Total tax
124 400
143 364
72 085
49 273
After tax
31 600
12 636
83 915
106 727
Living cost
22 400
22 400
22 400
22 400
Free-cash
9 200
-9 764
61 515
84 327

Estimated living cost  is ₽22400 per week

₽16417
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1241
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽468
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4275
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽140060
₽116660
₽146300
₽138534
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
10 174
-
156 000
-
income
2 035
-
31 200
-
total
2 035
-
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%.

145 826
156 000
-
-
total
-
-
-
-
Dividends
145 826
156 000
-
-
withholding
7 291
7 800
-
-
total
7 291
7 800
-
-
Income
156 000
156 000
156 000
156 000
Total tax
9 326
7 800
31 200
1 560
After tax
146 674
148 200
124 800
154 440
Living cost
8 140
8 140
8 140
8 140
Free-cash
138 534
140 060
116 660
146 300

Estimated living cost  is ₽8140 per week

₽5044
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽677
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽224
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2195
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽87815
₽62124
₽56432
₽81019
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
22 069
other
-
-
-
7 264
health
-
-
-
6 730
pensions

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

-
-
-
36 706
total
-
-
-
72 769
Employee
36 518
-
124 600
-
unemployment
365
-
1 246
-
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.

2 556
-
8 722
-
income
6 287
-
23 966
-
health
512
-
1 744
-
total
9 720
-
35 678
-
Employer
36 518
-
124 600
-
health
512
-
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.

6 209
-
21 183
-
accident
292
-
996
-
unemployment
365
-
1 246
-
other
1 827
-
6 230
-
total
9 205
-
31 399
-
Corporate
110 279
156 000
-
-
income
23 159
32 759
-
-
total
23 159
32 759
-
-
Dividends
87 120
123 241
-
-
withholding
6 098
8 627
-
-
total
6 098
8 627
-
-
Income
156 000
156 000
156 000
156 000
Total tax
48 182
41 386
67 077
72 769
After tax
107 818
114 614
88 923
83 231
Living cost
26 799
26 799
26 799
26 799
Free-cash
81 019
87 815
62 124
56 432

Estimated living cost  is ₽26799 per week

₽18935
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1809
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽431
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5623
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽37423
₽23865
₽38099
₽36291
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
42 450
pensions
-
-
-
8 592
total
-
-
-
51 042
Employee
94 595
-
136 460
-
pensions
9 126
-
10 716
-
income
17 052
-
32 963
-
health
1 559
-
2 057
-
total
27 737
-
45 736
-
Employer
94 595
-
136 460
-
health
1 797
-
2 594
-
pensions
11 169
-
16 946
-
total
12 966
-
19 540
-
Corporate
48 439
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.

9 203
29 641
-
-
total
9 203
29 641
-
-
Dividends
39 236
126 359
-
-
withholding
2 944
22 077
-
-
total
2 944
22 077
-
-
Income
156 000
156 000
156 000
156 000
Total tax
52 850
51 718
65 276
51 042
After tax
103 150
104 282
90 724
104 958
Living cost
66 859
66 859
66 859
66 859
Free-cash
36 291
37 423
23 865
38 099

Estimated living cost  is ₽66859 per week

₽50099
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽7856
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽544
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8362
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽120175
₽115889
₽110002
₽115495
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
23 400
unemployment
-
-
-
141
health
-
-
-
4 046
pensions

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

-
-
-
5 206
total
-
-
-
32 793
Employee
17 485
-
149 098
-
accident

We are using the highest rate at 1.1%.

193
-
387
-
pensions

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

1 535
-
3 089
-
income
1 748
-
14 910
-
health
804
-
1 618
-
total
4 280
-
20 004
-
Employer
17 485
-
149 098
-
health
1 207
-
2 427
-
pensions

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

1 927
-
3 877
-
accident

We are using the highest rate at 1.1%.

193
-
387
-
unemployment
105
-
211
-
total
3 432
-
6 902
-
Corporate
135 084
156 000
-
-
income
13 509
15 600
-
-
total
13 509
15 600
-
-
Dividends
121 576
140 400
-
-
withholding
6 079
7 020
-
-
total
6 079
7 020
-
-
Income
156 000
156 000
156 000
156 000
Total tax
27 300
22 620
26 906
32 793
After tax
128 700
133 380
129 094
123 207
Living cost
13 205
13 205
13 205
13 205
Free-cash
115 495
120 175
115 889
110 002

Estimated living cost  is ₽13205 per week

₽7709
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽943
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽350
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4203
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽21149
₽39397
₽31826
₽23681
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
44 218
health
-
-
-
12 402
pensions
-
-
-
11 784
total
-
-
-
68 404
Employee
93 245
85 887
137 309
-
pensions
11 784
11 784
11 784
-
income

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

14 058
14 058
17 956
-
health
11 633
11 213
12 402
-
total
37 475
37 055
42 142
-
Employer
93 245
85 887
137 309
-
health
6 480
5 970
7 419
-
pensions
6 489
5 978
7 430
-
unemployment
3 357
3 092
3 842
-
total
16 326
15 040
18 691
-
Corporate
46 428
55 073
-
-
income
9 285
11 015
-
-
total
9 285
11 015
-
-
Dividends
37 143
44 059
-
-
income
7 892
9 362
-
-
withholding
5 571
6 609
-
-
total
13 463
15 971
-
-
Income
156 000
156 000
156 000
156 000
Total tax
76 549
79 081
60 833
68 404
After tax
79 451
76 919
95 167
87 596
Living cost
55 770
55 770
55 770
55 770
Free-cash
23 681
21 149
39 397
31 826

Estimated living cost  is ₽55770 per week

₽41140
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4981
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽639
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9010
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽82413
₽54172
₽59137
₽73496
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
14 846
social contributions
-
-
-
35 964
solidarity contribution
-
-
-
-
health
-
-
-
21 060
total
-
-
-
71 870
Employee
36 754
-
116 418
-
solidarity contribution
-
-
-
-
social contributions
2 389
-
7 567
-
income
4 411
-
13 970
-
health
4 962
-
15 716
-
total
11 762
-
37 253
-
Employer
36 754
-
116 418
-
health
3 308
-
10 478
-
social contributions
9 189
-
29 104
-
total
12 497
-
39 582
-
Corporate
106 749
156 000
-
-
income
20 282
29 640
-
-
total
20 282
29 640
-
-
Dividends
86 467
126 360
-
-
withholding
12 970
18 954
-
-
total
12 970
18 954
-
-
Income
156 000
156 000
156 000
156 000
Total tax
57 511
48 594
76 835
71 870
After tax
98 489
107 406
79 165
84 130
Living cost
24 993
24 993
24 993
24 993
Free-cash
73 496
82 413
54 172
59 137

Estimated living cost  is ₽24993 per week

₽17360
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1778
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽492
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5363
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽40792
₽26262
₽33354
₽35542
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
156 000
social contributions
-
-
-
40 122
regional
-
-
-
1 819
municipal
-
-
-
928
national
-
-
-
37 338
total
-
-
-
80 207
Employee
89 385
-
156 000
-
municipal
473
-
826
-
national
15 488
-
32 267
-
regional
843
-
1 603
-
social contributions
30 141
-
52 603
-
total
46 945
-
87 299
-
Employer
89 385
-
156 000
-
total
-
-
-
-
Corporate
66 615
156 000
-
-
municipal
2 598
6 085
-
-
nationa
15 988
37 441
-
-
total
18 586
43 526
-
-
Dividends
48 029
112 474
-
-
withholding
12 488
29 243
-
-
total
12 488
29 243
-
-
Income
156 000
156 000
156 000
156 000
Total tax
78 019
72 769
87 299
80 207
After tax
77 981
83 231
68 701
75 793
Living cost
42 439
42 439
42 439
42 439
Free-cash
35 542
40 792
26 262
33 354

Estimated living cost  is ₽42439 per week

₽29583
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2783
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽651
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9421
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽75930
₽46437
₽51839
₽72799
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
39 603
other
-
-
-
-
surtax
-
-
-
5 760
unemployment
-
-
-
229
health
-
-
-
9 530
pensions
-
-
-
26 846
total
-
-
-
81 968
Employee
33 259
-
128 873
-
other
-
-
-
-
unemployment
2 315
-
8 970
-
pensions
2 218
-
8 596
-
surtax
109
-
4 907
-
income
5 575
-
34 484
-
health
849
-
3 287
-
total
11 066
-
60 244
-
Employer
33 259
-
128 873
-
health
1 514
-
5 863
-
pensions
4 434
-
17 179
-
unemployment
1 054
-
4 084
-
other
-
-
-
-
total
7 002
-
27 126
-
Corporate
115 740
156 000
-
-
income
30 093
40 560
-
-
total
30 093
40 560
-
-
Dividends
85 647
115 440
-
-
withholding
12 847
17 317
-
-
total
12 847
17 317
-
-
Income
156 000
156 000
156 000
156 000
Total tax
61 008
57 877
87 370
81 968
After tax
94 992
98 123
68 630
74 032
Living cost
22 193
22 193
22 193
22 193
Free-cash
72 799
75 930
46 437
51 839

Estimated living cost  is ₽22193 per week

₽13570
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2048
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽512
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6064
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽58606
₽45048
₽59282
₽63341
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
42 450
pensions
-
-
-
8 592
total
-
-
-
51 042
Employee
63 395
-
136 460
-
pensions
5 381
-
10 716
-
income
11 418
-
32 963
-
health
920
-
2 057
-
total
17 719
-
45 736
-
Employer
63 395
-
136 460
-
health
1 204
-
2 594
-
pensions
6 863
-
16 946
-
total
8 067
-
19 540
-
Corporate
84 538
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.

16 061
29 641
-
-
total
16 061
29 641
-
-
Dividends
68 477
126 359
-
-
withholding
5 136
22 077
-
-
total
5 136
22 077
-
-
Income
156 000
156 000
156 000
156 000
Total tax
46 983
51 718
65 276
51 042
After tax
109 017
104 282
90 724
104 958
Living cost
45 676
45 676
45 676
45 676
Free-cash
63 341
58 606
45 048
59 282

Estimated living cost  is ₽45676 per week

₽34220
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3424
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽478
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7554
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽8410
₽40262
₽47841
₽25710
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
156 000
other

This will depend on a canton and a chosen fund. The rate is between 0.3% and 3.4% with a maximum base of 148,200 CHF. We use 2% as an average rate.

-
-
-
3 119
regional
-
-
-
7 011
health
-
-
-
350
city
-
-
-
1 645
national
-
-
-
1 938
pensions
-
-
-
14 351
total
-
-
-
28 414
Employee
93 322
-
139 631
-
unemployment
-
-
-
-
pensions
7 840
-
11 728
-
national
442
-
1 578
-
regional
3 056
-
6 042
-
city
1 002
-
1 499
-
health
211
-
313
-
total
12 551
-
21 160
-
Employer
93 322
-
139 631
-
health
211
-
313
-
pensions
7 840
-
11 728
-
unemployment
-
-
-
-
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.

1 866
-
2 792
-
total
9 917
-
14 833
-
Corporate
51 735
156 000
-
-
regional
10 941
32 994
-
-
national
4 397
13 260
-
-
total
15 338
46 254
-
-
Dividends
36 396
109 747
-
-
withholding
12 739
38 411
-
-
total
12 739
38 411
-
-
Income
156 000
156 000
156 000
156 000
Total tax
50 545
84 665
35 993
28 414
After tax
105 455
71 335
120 007
127 586
Living cost
79 745
79 745
79 745
79 745
Free-cash
25 710
-8 410
40 262
47 841

Estimated living cost  is ₽79745 per week

₽51857
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽7156
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽979
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽19752
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽31037
₽54657
₽35922
₽47347
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
income

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

-
-
-
45 875
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.

-
-
-
2 523
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.

-
-
-
6 871
trade
-
-
-
18 735
total
-
-
-
74 004
Employee

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

60 444
-
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.

391
-
2 523
-
income

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

7 108
-
45 875
-
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.

6 871
-
6 871
-
total
14 370
-
55 269
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
95 556
156 000
-
-
income
14 334
23 399
-
-
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.

788
1 286
-
-
chamber of commerce
286
372
-
-
trade
16 387
26 755
-
-
total
31 795
51 812
-
-
Dividends
63 761
104 187
-
-
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.

855
1 412
-
-
withholding
15 559
25 665
-
-
total
16 414
27 077
-
-
Income
156 000
156 000
156 000
156 000
Total tax
62 579
78 889
55 269
74 004
After tax
93 421
77 111
100 731
81 996
Living cost
46 074
46 074
46 074
46 074
Free-cash
47 347
31 037
54 657
35 922

Estimated living cost  is ₽46074 per week

₽33650
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3685
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽599
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8140
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽44214
₽53683
₽53843
₽50152
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
22 696
other
-
-
-
4 836
surtax
-
-
-
-
social contributions
-
-
-
4 445
health
-
-
-
5 936
pensions
-
-
-
29 834
total
-
-
-
67 747
Employee
43 044
-
122 063
-
pensions
4 867
-
7 936
-
surtax
-
-
-
-
social contributions
1 227
-
3 477
-
income
2 540
-
22 557
-
total
8 634
-
33 970
-
Employer
43 044
-
122 063
-
health
3 014
-
10 642
-
pensions
7 071
-
13 460
-
unemployment
1 743
-
4 943
-
social contributions
130
-
366
-
other
1 485
-
4 526
-
total
13 443
-
33 937
-
Corporate
99 513
156 000
-
-
income
27 864
43 680
-
-
surtax
-
-
-
-
total
27 864
43 680
-
-
Dividends
71 650
112 320
-
-
surtax
-
-
-
-
social contributions
12 326
19 319
-
-
withholding
9 171
14 377
-
-
total
21 497
33 696
-
-
Income
156 000
156 000
156 000
156 000
Total tax
71 438
77 376
67 907
67 747
After tax
84 562
78 624
88 093
88 253
Living cost
34 410
34 410
34 410
34 410
Free-cash
50 152
44 214
53 683
53 843

Estimated living cost  is ₽34410 per week

₽21697
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2798
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽586
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9331
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽47623
₽57092
₽57252
₽53210
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
22 696
other
-
-
-
4 836
surtax
-
-
-
-
social contributions
-
-
-
4 445
health
-
-
-
5 936
pensions
-
-
-
29 834
total
-
-
-
67 747
Employee
38 423
-
122 063
-
pensions
4 346
-
7 936
-
surtax
-
-
-
-
social contributions
1 096
-
3 477
-
income
1 981
-
22 557
-
total
7 423
-
33 970
-
Employer
38 423
-
122 063
-
health
2 689
-
10 642
-
pensions
6 314
-
13 460
-
unemployment
1 556
-
4 943
-
social contributions
115
-
366
-
other
1 326
-
4 526
-
total
12 000
-
33 937
-
Corporate
105 577
156 000
-
-
income
29 562
43 680
-
-
surtax
-
-
-
-
total
29 562
43 680
-
-
Dividends
76 015
112 320
-
-
surtax
-
-
-
-
social contributions
13 074
19 319
-
-
withholding
9 730
14 377
-
-
total
22 804
33 696
-
-
Income
156 000
156 000
156 000
156 000
Total tax
71 789
77 376
67 907
67 747
After tax
84 211
78 624
88 093
88 253
Living cost
31 001
31 001
31 001
31 001
Free-cash
53 210
47 623
57 092
57 252

Estimated living cost  is ₽31001 per week

₽17979
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3149
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽588
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9285
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽73848
₽76260
₽78856
₽74370
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
23 399
social contributions
-
-
-
21 529
health
-
-
-
10 889
total
-
-
-
55 817
Employee
34 101
-
156 000
-
social contributions
4 707
-
21 529
-
income
5 688
-
25 995
-
health
2 380
-
10 889
-
total
12 775
-
58 413
-
Employer
34 101
-
156 000
-
total
-
-
-
-
Corporate
121 899
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%.

6 094
7 800
-
-
total
6 094
7 800
-
-
Dividends
115 805
148 200
-
-
social contributions
15 981
20 451
-
-
withholding
17 370
22 229
-
-
health
8 083
10 345
-
-
total
41 434
53 025
-
-
Income
156 000
156 000
156 000
156 000
Total tax
60 303
60 825
58 413
55 817
After tax
95 697
95 175
97 587
100 183
Living cost
21 327
21 327
21 327
21 327
Free-cash
74 370
73 848
76 260
78 856

Estimated living cost  is ₽21327 per week

₽14272
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1315
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽491
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5247
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽51079
₽5353
₽44568
₽49521
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
38 277
surtax
-
-
-
198
unemployment
-
-
-
6 169
chamber of commerce
-
-
-
624
health
-
-
-
8 988
pensions
-
-
-
21 737
total
-
-
-
75 993
Employee
50 263
40 080
121 682
-
other
502
401
1 176
-
unemployment
1 508
1 202
3 525
-
pensions
5 147
4 103
12 032
-
income
5 722
2 956
30 144
-
health
1 945
1 552
4 546
-
total
14 824
10 214
51 423
-
Employer
50 263
40 080
121 682
-
chamber of commerce
200
160
487
-
health
1 899
1 515
4 441
-
pensions
6 308
5 031
14 746
-
accident
653
521
1 527
-
unemployment
1 508
1 202
3 525
-
surtax
198
198
198
-
payroll
1 508
1 202
3 651
-
other
2 388
1 903
5 743
-
total
14 662
11 732
34 318
-
Corporate
91 075
104 185
117 864
-
income

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

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

22 770
26 047
29 467
-
total
22 770
26 047
29 467
-
Dividends
68 306
78 139
-
-
withholding
18 784
21 489
-
-
total
18 784
21 489
-
-
Income
156 000
156 000
156 000
156 000
Total tax
71 040
69 482
115 208
75 993
After tax
84 960
86 518
40 792
80 007
Living cost
35 439
35 439
35 439
35 439
Free-cash
49 521
51 079
5 353
44 568

Estimated living cost  is ₽35439 per week

₽23636
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3023
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽582
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8197
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽50619
₽19435
₽31166
₽35535
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
communal

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

-
-
-
7 902
social contributions
-
-
-
24 297
national
-
-
-
55 964
total
-
-
-
88 163
Employee

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

71 942
-
120 825
-
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.

626
-
1 052
-
communal

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

3 752
-
6 302
-
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.

5 396
-
9 062
-
national
22 118
-
42 628
-
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.

3 380
-
5 678
-
total
35 272
-
64 722
-
Employer

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

71 942
-
120 825
-
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.

4 424
-
7 432
-
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.

6 375
-
10 705
-
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.

935
-
1 571
-
unemployment

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

1 050
-
1 764
-
surtax
8 157
-
13 700
-
total
20 941
-
35 172
-
Corporate
63 117
156 000
-
-
income
12 623
31 200
-
-
surtax
252
624
-
-
total
12 875
31 824
-
-
Dividends
50 242
124 176
-
-
withholding

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

14 706
36 886
-
-
total
14 706
36 886
-
-
Income
156 000
156 000
156 000
156 000
Total tax
83 794
68 710
99 894
88 163
After tax
72 206
87 290
56 106
67 837
Living cost
36 671
36 671
36 671
36 671
Free-cash
35 535
50 619
19 435
31 166

Estimated living cost  is ₽36671 per week

₽23621
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3206
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.
₽9270
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽67919
₽47242
₽51461
₽60647
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
840
income
-
-
-
40 249
other
-
-
-
94
unemployment
-
-
-
653
pensions
-
-
-
26 381
total
-
-
-
68 217
Employee
50 064
-
126 281
-
other
50
-
94
-
unemployment
777
-
1 445
-
pensions
2 353
-
4 382
-
income
10 563
-
36 797
-
total
13 743
-
42 718
-
Employer
50 064
-
126 281
-
pensions
11 814
-
22 000
-
accident
991
-
1 846
-
unemployment
2 754
-
5 126
-
other
399
-
746
-
total
15 958
-
29 718
-
Corporate
89 979
156 000
-
-
income

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

13 498
23 399
-
-
total
13 498
23 399
-
-
Dividends
76 481
132 601
-
-
withholding
15 832
28 360
-
-
total
15 832
28 360
-
-
Income
156 000
156 000
156 000
156 000
Total tax
59 031
51 759
72 436
68 217
After tax
96 969
104 241
83 564
87 783
Living cost
36 322
36 322
36 322
36 322
Free-cash
60 647
67 919
47 242
51 461

Estimated living cost  is ₽36322 per week

₽26747
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2577
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽523
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6474
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽37819
₽31061
₽24840
₽26015
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
communal
-
-
-
9 860
accident
-
-
-
1 315
income
-
-
-
23 252
surtax
-
-
-
7 734
health
-
-
-
10 961
pensions
-
-
-
23 382
total
-
-
-
76 504
Employee
76 164
-
139 348
-
pensions
6 092
-
11 148
-
surtax
4 668
-
8 539
-
income
7 357
-
27 743
-
health
3 390
-
6 201
-
total
21 507
-
53 631
-
Employer
76 164
-
139 348
-
health
2 323
-
4 250
-
pensions
6 092
-
11 148
-
accident
685
-
1 254
-
total
9 100
-
16 652
-
Corporate
70 735
156 000
-
-
communal
4 775
10 530
-
-
income
10 610
23 399
-
-
surtax
742
1 638
-
-
total
16 127
35 567
-
-
Dividends
54 608
120 433
-
-
income
20 403
9 893
-
-
withholding
8 192
18 065
-
-
total
28 595
27 958
-
-
Income
156 000
156 000
156 000
156 000
Total tax
75 329
63 525
70 283
76 504
After tax
80 671
92 475
85 717
79 496
Living cost
54 656
54 656
54 656
54 656
Free-cash
26 015
37 819
31 061
24 840

Estimated living cost  is ₽54656 per week

₽41000
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3311
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽578
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9764
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽75533
₽46040
₽51442
₽72334
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
39 603
other
-
-
-
-
surtax
-
-
-
5 760
unemployment
-
-
-
229
health
-
-
-
9 530
pensions
-
-
-
26 846
total
-
-
-
81 968
Employee
33 870
-
128 873
-
other
-
-
-
-
unemployment
2 357
-
8 970
-
pensions
2 260
-
8 596
-
surtax
120
-
4 907
-
income
5 678
-
34 484
-
health
865
-
3 287
-
total
11 280
-
60 244
-
Employer
33 870
-
128 873
-
health
1 540
-
5 863
-
pensions
4 516
-
17 179
-
unemployment
1 075
-
4 084
-
other
-
-
-
-
total
7 131
-
27 126
-
Corporate
114 999
156 000
-
-
income
29 900
40 560
-
-
total
29 900
40 560
-
-
Dividends
85 099
115 440
-
-
withholding
12 765
17 317
-
-
total
12 765
17 317
-
-
Income
156 000
156 000
156 000
156 000
Total tax
61 076
57 877
87 370
81 968
After tax
94 924
98 123
68 630
74 032
Living cost
22 590
22 590
22 590
22 590
Free-cash
72 334
75 533
46 040
51 442

Estimated living cost  is ₽22590 per week

₽13639
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1964
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽525
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6464
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽54903
₽41113
₽48167
₽52670
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
156 000
social contributions
-
-
-
40 122
regional
-
-
-
2 352
municipal
-
-
-
928
national
-
-
-
37 338
total
-
-
-
80 740
Employee
55 790
-
156 000
-
municipal
296
-
826
-
national
8 839
-
32 267
-
regional
751
-
2 098
-
social contributions
18 813
-
52 603
-
total
28 699
-
87 794
-
Employer
55 790
-
156 000
-
total
-
-
-
-
Corporate
100 210
156 000
-
-
municipal
4 980
7 753
-
-
nationa
24 050
37 441
-
-
total
29 030
45 194
-
-
Dividends
71 180
110 806
-
-
withholding
18 508
28 810
-
-
total
18 508
28 810
-
-
Income
156 000
156 000
156 000
156 000
Total tax
76 237
74 004
87 794
80 740
After tax
79 763
81 996
68 206
75 260
Living cost
27 093
27 093
27 093
27 093
Free-cash
52 670
54 903
41 113
48 167

Estimated living cost  is ₽27093 per week

₽16849
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2745
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.
₽7035
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽76608
₽48367
₽53332
₽65621
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
14 846
social contributions
-
-
-
35 964
solidarity contribution
-
-
-
-
health
-
-
-
21 060
total
-
-
-
71 870
Employee
45 291
-
116 418
-
solidarity contribution
-
-
-
-
social contributions
2 944
-
7 567
-
income
5 435
-
13 970
-
health
6 114
-
15 716
-
total
14 493
-
37 253
-
Employer
45 291
-
116 418
-
health
4 076
-
10 478
-
social contributions
11 323
-
29 104
-
total
15 399
-
39 582
-
Corporate
95 310
156 000
-
-
income
18 109
29 640
-
-
total
18 109
29 640
-
-
Dividends
77 201
126 360
-
-
withholding
11 580
18 954
-
-
total
11 580
18 954
-
-
Income
156 000
156 000
156 000
156 000
Total tax
59 581
48 594
76 835
71 870
After tax
96 419
107 406
79 165
84 130
Living cost
30 798
30 798
30 798
30 798
Free-cash
65 621
76 608
48 367
53 332

Estimated living cost  is ₽30798 per week

₽22903
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1706
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽533
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5656
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽54540
₽8764
₽48118
₽54039
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
38 277
surtax
-
-
-
-
unemployment
-
-
-
6 169
chamber of commerce
-
-
-
624
health
-
-
-
8 988
pensions
-
-
-
21 737
total
-
-
-
75 795
Employee
43 964
40 080
121 867
-
other
439
401
1 176
-
unemployment
1 319
1 202
3 525
-
pensions
4 502
4 103
12 032
-
income
3 916
2 956
30 223
-
health
1 701
1 552
4 546
-
total
11 877
10 214
51 502
-
Employer
43 964
40 080
121 867
-
chamber of commerce
176
160
487
-
health
1 662
1 515
4 441
-
pensions
5 518
5 031
14 746
-
accident
571
521
1 527
-
unemployment
1 319
1 202
3 525
-
surtax
-
-
-
-
payroll
1 319
1 202
3 657
-
other
2 088
1 903
5 751
-
total
12 653
11 534
34 134
-
Corporate
99 384
104 384
118 049
-
income

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

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

24 846
26 096
29 513
-
total
24 846
26 096
29 513
-
Dividends
74 538
78 288
-
-
withholding
20 498
21 529
-
-
total
20 498
21 529
-
-
Income
156 000
156 000
156 000
156 000
Total tax
69 874
69 373
115 149
75 795
After tax
86 126
86 627
40 851
80 205
Living cost
32 087
32 087
32 087
32 087
Free-cash
54 039
54 540
8 764
48 118

Estimated living cost  is ₽32087 per week

₽19248
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3277
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽573
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8989
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽135516
₽112116
₽141756
₽133138
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
156 000
microenterprise

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

-
-
-
1 560
total
-
-
-
1 560
Employee
15 855
-
156 000
-
income
3 171
-
31 200
-
total
3 171
-
31 200
-
Employer
-
-
-
-
total
-
-
-
-
Corporate

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

140 145
156 000
-
-
total
-
-
-
-
Dividends
140 145
156 000
-
-
withholding
7 007
7 800
-
-
total
7 007
7 800
-
-
Income
156 000
156 000
156 000
156 000
Total tax
10 178
7 800
31 200
1 560
After tax
145 822
148 200
124 800
154 440
Living cost
12 684
12 684
12 684
12 684
Free-cash
133 138
135 516
112 116
141 756

Estimated living cost  is ₽12684 per week

₽8583
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽532
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽425
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3142
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽80430
₽46160
₽50287
₽72017
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
income
-
-
-
34 661
unemployment
-
-
-
235
health
-
-
-
15 351
pensions
-
-
-
28 490
total
-
-
-
78 737
Employee

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

44 474
-
134 983
-
unemployment
63
-
189
-
pensions
6 894
-
20 922
-
income
7 670
-
32 018
-
health
2 872
-
8 720
-
total
17 499
-
61 849
-
Employer

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

44 474
-
134 983
-
health
2 962
-
8 989
-
pensions
3 936
-
11 946
-
unemployment
27
-
80
-
total
6 925
-
21 015
-
Corporate
104 601
156 000
-
-
income
19 874
29 640
-
-
total
19 874
29 640
-
-
Dividends
84 727
126 360
-
-
withholding
12 709
18 954
-
-
total
12 709
18 954
-
-
Income
156 000
156 000
156 000
156 000
Total tax
57 007
48 594
82 864
78 737
After tax
98 993
107 406
73 136
77 263
Living cost
26 976
26 976
26 976
26 976
Free-cash
72 017
80 430
46 160
50 287

Estimated living cost  is ₽26976 per week

₽18513
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1729
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽523
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6212
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽50907
₽98581
₽63805
₽2399
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
30 408
social contributions
-
-
-
17 784
total
-
-
-
48 192
Employee
63 094
-
-
-
social contributions
5 174
-
737
-
income
13 917
-
-
-
total
19 091
-
737
-
Employer
63 094
-
-
-
social contributions
88 963
-
12 679
-
total
88 963
-
12 679
-
Corporate
3 942
156 000
-
-
income
867
34 320
-
-
total
867
34 320
-
-
Dividends
3 075
121 680
-
-
income
677
26 770
-
-
total
677
26 770
-
-
Income
156 000
156 000
156 000
156 000
Total tax
109 598
61 090
13 416
48 192
After tax
46 402
94 910
142 584
107 808
Living cost
44 003
44 003
44 003
44 003
Free-cash
2 399
50 907
98 581
63 805

Estimated living cost  is ₽44003 per week

₽28551
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4138
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽561
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10753
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽57187
₽41529
₽52753
₽56172
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
income
-
-
-
17 490
surtax
-
-
-
-
social contributions

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

-
-
-
54 210
total
-
-
-
71 700
Employee
46 257
-
126 060
-
surtax
-
-
-
-
social contributions
5 088
-
13 866
-
income
9 622
-
39 118
-
total
14 710
-
52 984
-
Employer
46 257
-
126 060
-
social contributions
10 986
-
29 940
-
total
10 986
-
29 940
-
Corporate
98 758
156 000
-
-
income
20 739
32 759
-
-
surtax
-
-
-
-
total
20 739
32 759
-
-
Dividends
78 019
123 241
-
-
withholding
21 846
34 507
-
-
total
21 846
34 507
-
-
Income
156 000
156 000
156 000
156 000
Total tax
68 281
67 266
82 924
71 700
After tax
87 719
88 734
73 076
84 300
Living cost
31 547
31 547
31 547
31 547
Free-cash
56 172
57 187
41 529
52 753

Estimated living cost  is ₽31547 per week

₽23604
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1861
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽527
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5556
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽30048
₽39517
₽39677
₽36963
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
22 696
other
-
-
-
4 836
surtax
-
-
-
-
social contributions
-
-
-
4 445
health
-
-
-
5 936
pensions
-
-
-
29 834
total
-
-
-
67 747
Employee
62 992
-
122 063
-
pensions
7 125
-
7 936
-
surtax
-
-
-
-
social contributions
1 794
-
3 477
-
income
5 496
-
22 557
-
total
14 415
-
33 970
-
Employer
62 992
-
122 063
-
health
4 409
-
10 642
-
pensions
10 350
-
13 460
-
unemployment
2 552
-
4 943
-
social contributions
189
-
366
-
other
2 174
-
4 526
-
total
19 674
-
33 937
-
Corporate
73 334
156 000
-
-
income
20 533
43 680
-
-
surtax
-
-
-
-
total
20 533
43 680
-
-
Dividends
52 802
112 320
-
-
surtax
-
-
-
-
social contributions
9 081
19 319
-
-
withholding
6 758
14 377
-
-
total
15 839
33 696
-
-
Income
156 000
156 000
156 000
156 000
Total tax
70 461
77 376
67 907
67 747
After tax
85 539
78 624
88 093
88 253
Living cost
48 576
48 576
48 576
48 576
Free-cash
36 963
30 048
39 517
39 677

Estimated living cost  is ₽48576 per week

₽32876
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3974
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽666
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽11060
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽110167
₽89531
₽85388
₽106789
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
6 060
social contributions
-
-
-
34 320
total
-
-
-
40 380
Employee
32 334
-
135 065
-
income
-
-
6 522
-
social contributions
2 101
-
8 780
-
total
2 101
-
15 302
-
Employer
32 334
-
135 065
-
social contributions
5 012
-
20 935
-
total
5 012
-
20 935
-
Corporate
118 654
156 000
-
-
income
11 866
15 601
-
-
total
11 866
15 601
-
-
Dividends
106 789
140 399
-
-
total
-
-
-
-
Income
156 000
156 000
156 000
156 000
Total tax
18 979
15 601
36 237
40 380
After tax
137 021
140 399
119 763
115 620
Living cost
30 232
30 232
30 232
30 232
Free-cash
106 789
110 167
89 531
85 388

Estimated living cost  is ₽30232 per week

₽19548
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2279
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.
₽7837
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽63026
-₽63026
₽44810
-₽63026
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
156 000
labour market
-
-
-
12 410
municipal
-
-
-
31 870
national
-
-
-
17 625
pensions
-
-
-
871
total
-
-
-
62 776
Employee
204 345
204 345
204 345
-
municipal
43 514
43 514
43 514
-
labour market
16 324
16 324
16 324
-
pensions
290
290
290
-
national
24 964
24 964
24 964
-
total
85 092
85 092
85 092
-
Employer
204 345
204 345
204 345
-
national
25 008
25 008
25 008
-
labour market
16 348
16 348
16 348
-
pensions
581
581
581
-
municipal
43 583
43 583
43 583
-
total
85 520
85 520
85 520
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
156 000
156 000
156 000
156 000
Total tax
170 612
170 612
170 612
62 776
After tax
-14 612
-14 612
-14 612
93 224
Living cost
48 414
48 414
48 414
48 414
Free-cash
-63 026
-63 026
-63 026
44 810

Estimated living cost  is ₽48414 per week

₽33135
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4283
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽745
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10252
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽9434
₽61845
₽84657
₽9250
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
257
income
-
-
-
42 182
other
-
-
-
377
health
-
-
-
2 221
pensions
-
-
-
4 236
total
-
-
-
49 273
Employee
34 717
-
139 053
-
pensions
3 909
-
7 768
-
income
4 763
-
31 448
-
health
3 975
-
15 922
-
total
12 647
-
55 138
-
Employer
34 717
-
139 053
-
pensions
5 645
-
11 218
-
accident
580
-
2 322
-
unemployment
851
-
3 407
-
total
7 076
-
16 947
-
Corporate
114 207
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.

102 787
140 400
-
-
total
102 787
140 400
-
-
Dividends
11 421
15 600
-
-
withholding
2 170
2 964
-
-
total
2 170
2 964
-
-
Income
156 000
156 000
156 000
156 000
Total tax
124 680
143 364
72 085
49 273
After tax
31 320
12 636
83 915
106 727
Living cost
22 070
22 070
22 070
22 070
Free-cash
9 250
-9 434
61 845
84 657

Estimated living cost  is ₽22070 per week

₽16064
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1258
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽414
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4333
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽60454
₽44568
₽65082
₽62476
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
156 000
health
-
-
-
1 983
municipal
-
-
-
27 722
national
-
-
-
22 600
total
-
-
-
52 305
Employee
52 914
-
131 236
-
municipal
8 667
-
21 386
-
unemployment
794
-
1 968
-
pensions
3 571
-
8 858
-
national
874
-
14 241
-
health
395
-
1 601
-
total
14 301
-
48 054
-
Employer
52 914
-
131 236
-
health
407
-
1 010
-
pensions
9 180
-
22 770
-
accident
53
-
132
-
unemployment
344
-
853
-
total
9 984
-
24 765
-
Corporate
93 102
156 000
-
-
income
18 620
31 200
-
-
total
18 620
31 200
-
-
Dividends

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

55 861
93 600
-
-
municipal
10 054
16 847
-
-
national
1 952
8 886
-
-
total
12 006
25 733
-
-
Income
156 000
156 000
156 000
156 000
Total tax
54 911
56 933
72 819
52 305
After tax
101 089
99 067
83 181
103 695
Living cost
38 613
38 613
38 613
38 613
Free-cash
62 476
60 454
44 568
65 082

Estimated living cost  is ₽38613 per week

₽25222
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3714
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽615
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9064
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽90585
₽82971
₽84399
₽85112
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
28 064
social contributions
-
-
-
16 273
health
-
-
-
3 978
total
-
-
-
48 315
Employee
77 337
77 337
144 667
-
social contributions
2 924
6 419
8 657
-
income
8 421
7 159
27 293
-
health
599
1 315
2 460
-
total
11 944
14 893
38 410
-
Employer
77 337
77 337
144 667
-
health
651
1 431
2 676
-
social contributions
2 924
6 419
8 657
-
total
3 575
7 850
11 333
-
Corporate
117 195
70 813
-
-
income
14 650
8 852
-
-
total
14 650
8 852
-
-
Dividends
102 545
61 961
-
-
withholding
17 433
10 534
-
-
total
17 433
10 534
-
-
Income
156 000
156 000
156 000
156 000
Total tax
47 602
42 129
49 743
48 315
After tax
108 398
113 871
106 257
107 685
Living cost
23 286
23 286
23 286
23 286
Free-cash
85 112
90 585
82 971
84 399

Estimated living cost  is ₽23286 per week

₽13956
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2285
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽515
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6531
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽113216
₽94096
₽114269
₽108098
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
income
-
-
-
15 696
unemployment
-
-
-
29
health
-
-
-
3 640
pensions
-
-
-
6 398
total
-
-
-
25 763
Employee

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

23 085
-
146 171
-
unemployment
115
-
477
-
pensions
3 462
-
14 314
-
income
1 578
-
13 204
-
health
1 962
-
8 112
-
total
7 117
-
36 107
-
Employer

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

23 085
-
146 171
-
health
992
-
4 103
-
pensions
1 269
-
5 249
-
unemployment
115
-
477
-
total
2 376
-
9 829
-
Corporate
130 538
156 000
-
-
income
11 749
14 040
-
-
total
11 749
14 040
-
-
Dividends
118 789
141 960
-
-
withholding
10 692
12 776
-
-
total
10 692
12 776
-
-
Income
156 000
156 000
156 000
156 000
Total tax
31 934
26 816
45 936
25 763
After tax
124 066
129 184
110 064
130 237
Living cost
15 968
15 968
15 968
15 968
Free-cash
108 098
113 216
94 096
114 269

Estimated living cost  is ₽15968 per week

₽10188
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1151
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽475
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4153
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽76584
₽55907
₽60126
₽72049
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
840
income
-
-
-
40 249
other
-
-
-
94
unemployment
-
-
-
653
pensions
-
-
-
26 381
total
-
-
-
68 217
Employee
37 188
-
126 281
-
other
36
-
94
-
unemployment
576
-
1 445
-
pensions
1 748
-
4 382
-
income
7 170
-
36 797
-
total
9 530
-
42 718
-
Employer
37 188
-
126 281
-
pensions
8 776
-
22 000
-
accident
737
-
1 846
-
unemployment
2 046
-
5 126
-
other
298
-
746
-
total
11 857
-
29 718
-
Corporate
106 955
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.

16 044
23 399
-
-
total
16 044
23 399
-
-
Dividends
90 912
132 601
-
-
withholding
18 863
28 360
-
-
total
18 863
28 360
-
-
Income
156 000
156 000
156 000
156 000
Total tax
56 294
51 759
72 436
68 217
After tax
99 706
104 241
83 564
87 783
Living cost
27 657
27 657
27 657
27 657
Free-cash
72 049
76 584
55 907
60 126

Estimated living cost  is ₽27657 per week

₽18668
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2659
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.
₽5846
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽95385
₽98151
₽98290
₽95064
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
156 000
income
-
-
-
53 286
health
-
-
-
1 036
pensions
-
-
-
1 429
total
-
-
-
55 751
Employee
2 983
-
154 393
-
unemployment
30
-
71
-
pensions
268
-
643
-
income
577
-
53 211
-
health
149
-
357
-
total
1 024
-
54 282
-
Employer
2 983
-
154 393
-
health
283
-
679
-
pensions
328
-
786
-
unemployment
60
-
143
-
total
671
-
1 608
-
Corporate
152 346
156 000
-
-
income
33 516
34 320
-
-
total
33 516
34 320
-
-
Dividends
118 830
121 680
-
-
withholding
23 766
24 336
-
-
total
23 766
24 336
-
-
Income
156 000
156 000
156 000
156 000
Total tax
58 977
58 656
55 890
55 751
After tax
97 023
97 344
100 110
100 249
Living cost
1 959
1 959
1 959
1 959
Free-cash
95 064
95 385
98 151
98 290

Estimated living cost  is ₽1959 per week

₽1164
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽159
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽45
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽591
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽95317
₽75713
₽75712
₽90368
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
income
-
-
-
34 799
unemployment
-
-
-
1 115
health
-
-
-
7 656
pensions
-
-
-
19 325
total
-
-
-
62 895
Employee

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

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

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

26 227
-
142 696
-
unemployment
197
-
557
-
pensions
3 672
-
10 406
-
income
3 615
-
34 799
-
health
1 351
-
3 828
-
total
8 835
-
49 590
-
Employer

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

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

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

26 227
-
142 696
-
health
1 351
-
3 828
-
pensions
3 147
-
8 919
-
unemployment
197
-
557
-
total
4 695
-
13 304
-
Corporate
125 078
156 000
-
-
income
18 762
23 400
-
-
total
18 762
23 400
-
-
Dividends
106 316
132 600
-
-
withholding
15 947
19 890
-
-
total
15 947
19 890
-
-
Income
156 000
156 000
156 000
156 000
Total tax
48 239
43 290
62 894
62 895
After tax
107 761
112 710
93 106
93 105
Living cost
17 393
17 393
17 393
17 393
Free-cash
90 368
95 317
75 713
75 712

Estimated living cost  is ₽17393 per week

₽11711
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1345
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.
₽3834
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽61620
₽45962
₽57186
₽61257
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
income
-
-
-
17 490
surtax
-
-
-
-
social contributions

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

-
-
-
54 210
total
-
-
-
71 700
Employee
39 035
-
126 060
-
surtax
-
-
-
-
social contributions
4 294
-
13 866
-
income
7 627
-
39 118
-
total
11 921
-
52 984
-
Employer
39 035
-
126 060
-
social contributions
9 270
-
29 940
-
total
9 270
-
29 940
-
Corporate
107 695
156 000
-
-
income
22 615
32 759
-
-
surtax
-
-
-
-
total
22 615
32 759
-
-
Dividends
85 080
123 241
-
-
withholding
23 823
34 507
-
-
total
23 823
34 507
-
-
Income
156 000
156 000
156 000
156 000
Total tax
67 629
67 266
82 924
71 700
After tax
88 371
88 734
73 076
84 300
Living cost
27 114
27 114
27 114
27 114
Free-cash
61 257
61 620
45 962
57 186

Estimated living cost  is ₽27114 per week

₽19204
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1884
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽481
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5546
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽68895
₽48218
₽52437
₽61965
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
840
income
-
-
-
40 249
other
-
-
-
94
unemployment
-
-
-
653
pensions
-
-
-
26 381
total
-
-
-
68 217
Employee
48 573
-
126 281
-
other
48
-
94
-
unemployment
752
-
1 445
-
pensions
2 283
-
4 382
-
income
10 145
-
36 797
-
total
13 228
-
42 718
-
Employer
48 573
-
126 281
-
pensions
11 463
-
22 000
-
accident
962
-
1 846
-
unemployment
2 672
-
5 126
-
other
389
-
746
-
total
15 486
-
29 718
-
Corporate
91 941
156 000
-
-
income

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

13 792
23 399
-
-
total
13 792
23 399
-
-
Dividends
78 149
132 601
-
-
withholding
16 183
28 360
-
-
total
16 183
28 360
-
-
Income
156 000
156 000
156 000
156 000
Total tax
58 689
51 759
72 436
68 217
After tax
97 311
104 241
83 564
87 783
Living cost
35 346
35 346
35 346
35 346
Free-cash
61 965
68 895
48 218
52 437

Estimated living cost  is ₽35346 per week

₽25384
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2748
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.
₽6716
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽116055
₽111769
₽105882
₽109918
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
23 400
unemployment
-
-
-
141
health
-
-
-
4 046
pensions

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

-
-
-
5 206
total
-
-
-
32 793
Employee
22 941
-
149 098
-
accident

We are using the highest rate at 1.1%.

252
-
387
-
pensions

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

2 014
-
3 089
-
income
2 294
-
14 910
-
health
1 055
-
1 618
-
total
5 615
-
20 004
-
Employer
22 941
-
149 098
-
health
1 583
-
2 427
-
pensions

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

2 528
-
3 877
-
accident

We are using the highest rate at 1.1%.

252
-
387
-
unemployment
138
-
211
-
total
4 501
-
6 902
-
Corporate
128 558
156 000
-
-
income
12 856
15 600
-
-
total
12 856
15 600
-
-
Dividends
115 702
140 400
-
-
withholding
5 785
7 020
-
-
total
5 785
7 020
-
-
Income
156 000
156 000
156 000
156 000
Total tax
28 757
22 620
26 906
32 793
After tax
127 243
133 380
129 094
123 207
Living cost
17 325
17 325
17 325
17 325
Free-cash
109 918
116 055
111 769
105 882

Estimated living cost  is ₽17325 per week

₽11459
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽992
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽413
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4462
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽41491
₽61902
₽46227
₽54648
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
income

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

-
-
-
45 875
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.

-
-
-
2 523
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.

-
-
-
6 871
trade
-
-
-
15 675
total
-
-
-
70 944
Employee

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

50 042
-
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.

227
-
2 523
-
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.

4 115
-
45 875
-
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.

6 871
-
6 871
-
total
11 213
-
55 269
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
105 958
156 000
-
-
income
15 893
23 399
-
-
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.

874
1 286
-
-
chamber of commerce
307
382
-
-
trade
15 206
22 386
-
-
total
32 280
47 453
-
-
Dividends
73 678
108 547
-
-
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.

992
1 472
-
-
withholding
18 038
26 755
-
-
total
19 030
28 227
-
-
Income
156 000
156 000
156 000
156 000
Total tax
62 523
75 680
55 269
70 944
After tax
93 477
80 320
100 731
85 056
Living cost
38 829
38 829
38 829
38 829
Free-cash
54 648
41 491
61 902
46 227

Estimated living cost  is ₽38829 per week

₽26785
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4178
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽563
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7302
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽51907
₽27396
₽27396
₽54130
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
156 000
income
-
-
-
45 776
social contributions
-
-
-
25 536
total
-
-
-
71 312
Employee
78 672
-
156 000
-
income
14 845
-
45 776
-
social contributions
6 536
-
25 536
-
total
21 381
-
71 312
-
Employer
78 672
-
156 000
-
total
-
-
-
-
Corporate
77 328
156 000
-
-
income
9 665
19 500
-
-
total
9 665
19 500
-
-
Dividends
67 663
136 500
-
-
withholding
13 532
27 301
-
-
total
13 532
27 301
-
-
Income
156 000
156 000
156 000
156 000
Total tax
44 578
46 801
71 312
71 312
After tax
111 422
109 199
84 688
84 688
Living cost
57 292
57 292
57 292
57 292
Free-cash
54 130
51 907
27 396
27 396

Estimated living cost  is ₽57292 per week

₽43587
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4668
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽548
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8489
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽59578
₽75701
₽84785
₽63091
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

We use The Residence Programme or The Global Residence Programme.

-
-
-
156 000
income
-
-
-
28 629
health

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

-
-
-
6 077
total
-
-
-
34 706
Employee
46 138
-
151 374
-
income
5 006
-
34 538
-
social contributions
4 623
-
4 626
-
total
9 629
-
39 164
-
Employer
46 138
-
151 374
-
social contributions
4 623
-
4 626
-
total
4 623
-
4 626
-
Corporate
105 240
156 000
-
-
income
36 834
54 599
-
-
total
36 834
54 599
-
-
Dividends
68 406
101 401
-
-
social contributions
5 314
5 314
-
-
total
5 314
5 314
-
-
Income
156 000
156 000
156 000
156 000
Total tax
56 400
59 913
43 790
34 706
After tax
99 600
96 087
112 210
121 294
Living cost
36 509
36 509
36 509
36 509
Free-cash
63 091
59 578
75 701
84 785

Estimated living cost  is ₽36509 per week

₽24048
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2878
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽559
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9022
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽67149
₽53591
₽67825
₽73069
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
42 450
pensions
-
-
-
8 592
total
-
-
-
51 042
Employee
50 971
-
136 460
-
pensions
3 890
-
10 716
-
income
9 282
-
32 963
-
health
665
-
2 057
-
total
13 837
-
45 736
-
Employer
50 971
-
136 460
-
health
969
-
2 594
-
pensions
5 150
-
16 946
-
total
6 119
-
19 540
-
Corporate
98 911
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.

18 793
29 641
-
-
total
18 793
29 641
-
-
Dividends
80 118
126 359
-
-
withholding
7 049
22 077
-
-
total
7 049
22 077
-
-
Income
156 000
156 000
156 000
156 000
Total tax
45 798
51 718
65 276
51 042
After tax
110 202
104 282
90 724
104 958
Living cost
37 133
37 133
37 133
37 133
Free-cash
73 069
67 149
53 591
67 825

Estimated living cost  is ₽37133 per week

₽25473
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3415
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.
₽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

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
-₽11619
₽59660
₽82472
₽8916
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
257
income
-
-
-
42 182
other
-
-
-
377
health
-
-
-
2 221
pensions
-
-
-
4 236
total
-
-
-
49 273
Employee
38 154
-
139 053
-
pensions
4 296
-
7 768
-
income
5 234
-
31 448
-
health
4 368
-
15 922
-
total
13 898
-
55 138
-
Employer
38 154
-
139 053
-
pensions
6 204
-
11 218
-
accident
637
-
2 322
-
unemployment
935
-
3 407
-
total
7 776
-
16 947
-
Corporate
110 071
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.

99 064
140 400
-
-
total
99 064
140 400
-
-
Dividends
11 007
15 600
-
-
withholding
2 091
2 964
-
-
total
2 091
2 964
-
-
Income
156 000
156 000
156 000
156 000
Total tax
122 829
143 364
72 085
49 273
After tax
33 171
12 636
83 915
106 727
Living cost
24 255
24 255
24 255
24 255
Free-cash
8 916
-11 619
59 660
82 472

Estimated living cost  is ₽24255 per week

₽17800
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1413
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.
₽4552
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽117685
₽94890
₽74111
₽112978
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
156 000
income
-
-
-
25 400
unemployment
-
-
-
1 872
work injury
-
-
-
780
health insurance
-
-
-
11 544
pensions
-
-
-
28 704
total
-
-
-
68 300
Employee

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

21 742
-
156 000
-
health insurance
1 609
-
5 953
-
unemployment
261
-
965
-
work injury
109
-
402
-
pensions
4 000
-
14 801
-
income
2 174
-
25 400
-
total
8 153
-
47 521
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
134 258
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%.

1 343
1 560
-
-
total
1 343
1 560
-
-
Dividends
132 916
154 440
-
-
withholding
19 937
23 166
-
-
total
19 937
23 166
-
-
Income
156 000
156 000
156 000
156 000
Total tax
29 433
24 726
47 521
68 300
After tax
126 567
131 274
108 479
87 700
Living cost
13 589
13 589
13 589
13 589
Free-cash
112 978
117 685
94 890
74 111

Estimated living cost  is ₽13589 per week

₽8418
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽987
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽424
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3759
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽42103
₽26995
₽33880
₽37529
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
156 000
social contributions
-
-
-
40 122
regional
-
-
-
3 551
municipal
-
-
-
1 042
national
-
-
-
37 338
total
-
-
-
82 053
Employee
84 751
-
156 000
-
municipal
506
-
931
-
national
14 322
-
32 267
-
regional
1 280
-
3 137
-
social contributions
28 577
-
52 603
-
total
44 685
-
88 938
-
Employer
84 751
-
156 000
-
total
-
-
-
-
Corporate
71 249
156 000
-
-
municipal
3 434
7 520
-
-
nationa
17 099
37 441
-
-
total
20 533
44 961
-
-
Dividends
50 717
111 039
-
-
withholding
13 186
28 869
-
-
total
13 186
28 869
-
-
Income
156 000
156 000
156 000
156 000
Total tax
78 404
73 830
88 938
82 053
After tax
77 596
82 170
67 062
73 947
Living cost
40 067
40 067
40 067
40 067
Free-cash
37 529
42 103
26 995
33 880

Estimated living cost  is ₽40067 per week

₽28144
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2756
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽605
Clothing and shoes. We estimate one pair of shoes and 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 Rome model

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