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
₽60505
₽71252
₽50038
₽53611
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
156 000
health

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

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

-
-
-
6 464
trade
-
-
-
17 641
income

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

-
-
-
47 039
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.

-
-
-
2 587
total
-
-
-
73 731
Employee

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

36 189
-
156 000
-
health

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

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

6 464
-
6 464
-
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.

1 011
-
47 039
-
surtax

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

56
-
2 587
-
total
7 531
-
56 090
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
119 811
156 000
-
-
income
17 971
23 401
-
-
chamber of commerce
316
368
-
-
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.

988
1 287
-
-
trade
18 871
24 570
-
-
total
38 146
49 626
-
-
Dividends
81 666
106 374
-
-
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.

1 102
1 444
-
-
withholding
20 058
26 234
-
-
total
21 160
27 678
-
-
Income
156 000
156 000
156 000
156 000
Total tax
66 837
77 304
56 090
73 731
After tax
89 163
78 696
99 910
82 269
Living cost
28 658
28 658
28 658
28 658
Free-cash
60 505
50 038
71 252
53 611

Estimated living cost  is ₽28658 per week

₽18027
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3341
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽535
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6755
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽47721
₽44690
₽48532
₽43465
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
16 993
pensions
-
-
-
18 720
national
-
-
-
26 333
total
-
-
-
63 723
Employee
75 668
-
134 861
-
pensions
3 027
-
5 394
-
municipal
9 346
-
17 597
-
national
14 483
-
27 268
-
total
26 856
-
50 259
-
Employer
75 668
-
134 861
-
pensions
6 053
-
10 789
-
social contributions
813
-
1 450
-
total
6 866
-
12 239
-
Corporate
68 472
156 000
-
-
income

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

13 694
31 200
-
-
total
13 694
31 200
-
-
Dividends
54 777
124 800
-
-
withholding
12 051
27 456
-
-
total
12 051
27 456
-
-
Income
156 000
156 000
156 000
156 000
Total tax
59 467
58 656
62 498
63 723
After tax
96 533
97 344
93 502
92 277
Living cost
48 812
48 812
48 812
48 812
Free-cash
47 721
48 532
44 690
43 465

Estimated living cost  is ₽48812 per week

₽33177
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4537
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽731
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10367
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽97355
₽44387
₽105115
₽33232
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

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

-
-
-
156 000
social contributions

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

-
-
-
36 251
income
-
-
-
27 053
surtax
-
-
-
39 780
microenterprise
-
-
-
-
total
-
-
-
103 084
Employee
27 647
-
116 068
-
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.

3 042
-
12 403
-
income
4 921
-
22 765
-
surtax
-
-
16 829
-
total
7 963
-
51 997
-
Employer
27 647
-
116 068
-
surtax
-
-
12 768
-
social contributions

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

6 660
-
27 164
-
total
6 660
-
39 932
-
Corporate
121 693
156 000
-
-
income

Corporate income tax rate is 20% applicable to the taxable base. However, before applying the statutory rate, the taxable base should be divided by a coefficient of 0.8. As taxable base is increased by the coefficient, the effective corporate income tax rate is 25%.

24 338
31 201
-
-
total
24 338
31 201
-
-
Dividends

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

97 355
124 799
-
-
total
-
-
-
-
Income
156 000
156 000
156 000
156 000
Total tax
38 961
31 201
91 929
103 084
After tax
117 039
124 799
64 071
52 916
Living cost
19 684
19 684
19 684
19 684
Free-cash
97 355
105 115
44 387
33 232

Estimated living cost  is ₽19684 per week

₽12558
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1875
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽447
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4805
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽31642
₽56672
₽37439
₽47231
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
156 000
health
-
-
-
11 667
income
-
-
-
46 381
pensions
-
-
-
11 085
total
-
-
-
69 133
Employee
80 798
80 798
138 417
-
pensions
14 544
11 085
11 085
-
health
12 402
10 549
11 667
-
income

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

13 225
13 225
19 357
-
total
40 171
34 859
42 109
-
Employer
80 798
80 798
138 417
-
pensions
5 624
5 624
6 990
-
health
5 616
5 616
6 979
-
unemployment
2 909
2 909
3 614
-
total
14 149
14 149
17 583
-
Corporate
62 045
61 053
-
-
income
12 409
12 211
-
-
total
12 409
12 211
-
-
Dividends
49 636
48 842
-
-
income
10 547
10 380
-
-
withholding
7 446
7 326
-
-
total
17 993
17 706
-
-
Income
156 000
156 000
156 000
156 000
Total tax
84 722
78 925
59 692
69 133
After tax
71 278
77 075
96 308
86 867
Living cost
39 636
39 636
39 636
39 636
Free-cash
31 642
37 439
56 672
47 231

Estimated living cost  is ₽39636 per week

₽28089
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3573
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽630
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7344
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽45639
₽41407
₽46508
₽42344
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
169
health
-
-
-
5 288
municipal
-
-
-
39 198
pensions
-
-
-
9 161
other
-
-
-
9 848
unemployment
-
-
-
85
national
-
-
-
11 239
total
-
-
-
74 988
Employee
55 099
-
129 372
-
municipal
16 430
-
38 579
-
national
-
-
10 719
-
total
16 430
-
49 298
-
Employer
55 099
-
129 372
-
pensions
5 956
-
9 161
-
other
6 403
-
9 848
-
health
3 389
-
5 212
-
unemployment
1 455
-
2 237
-
accident
110
-
169
-
total
17 313
-
26 627
-
Corporate
83 589
156 000
-
-
income
18 390
34 320
-
-
total
18 390
34 320
-
-
Dividends
65 200
121 680
-
-
withholding
19 560
36 504
-
-
total
19 560
36 504
-
-
Income
156 000
156 000
156 000
156 000
Total tax
71 693
70 824
75 925
74 988
After tax
84 307
85 176
80 075
81 012
Living cost
38 668
38 668
38 668
38 668
Free-cash
45 639
46 508
41 407
42 344

Estimated living cost  is ₽38668 per week

₽25628
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3794
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽587
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8659
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Stockholm model

Close
Hamburg , Germany
₽54022
₽62741
₽40728
₽44315
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
156 000
health

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

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

-
-
-
6 464
trade
-
-
-
18 426
income

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

-
-
-
47 039
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.

-
-
-
2 587
total
-
-
-
74 516
Employee

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

47 982
-
156 000
-
health

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

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

6 464
-
6 464
-
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.

4 122
-
47 039
-
surtax

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

226
-
2 587
-
total
10 812
-
56 090
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
108 018
156 000
-
-
income
16 203
23 401
-
-
chamber of commerce
298
366
-
-
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.

891
1 287
-
-
trade
17 768
25 661
-
-
total
35 160
50 715
-
-
Dividends
72 859
105 284
-
-
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.

982
1 427
-
-
withholding
17 855
25 961
-
-
total
18 837
27 388
-
-
Income
156 000
156 000
156 000
156 000
Total tax
64 809
78 103
56 090
74 516
After tax
91 191
77 897
99 910
81 484
Living cost
37 169
37 169
37 169
37 169
Free-cash
54 022
40 728
62 741
44 315

Estimated living cost  is ₽37169 per week

₽24859
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3920
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽555
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7836
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽79226
₽75072
₽83149
₽76471
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
156 000
social contributions
-
-
-
15 309
health
-
-
-
3 979
income
-
-
-
29 552
total
-
-
-
48 840
Employee
72 755
72 755
145 169
-
health
724
1 237
2 467
-
social contributions
3 535
6 038
8 144
-
income
7 640
6 735
28 798
-
total
11 899
14 010
39 409
-
Employer
72 755
72 755
145 169
-
health
788
1 347
2 686
-
social contributions
3 535
6 038
8 144
-
total
4 323
7 385
10 830
-
Corporate
109 089
75 860
-
-
income
13 637
9 482
-
-
total
13 637
9 482
-
-
Dividends
95 452
66 378
-
-
withholding
16 226
11 285
-
-
total
16 226
11 285
-
-
Income
156 000
156 000
156 000
156 000
Total tax
46 085
42 162
50 239
48 840
After tax
109 915
113 838
105 761
107 160
Living cost
30 689
30 689
30 689
30 689
Free-cash
79 226
83 149
75 072
76 471

Estimated living cost  is ₽30689 per week

₽20979
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2397
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.
₽6798
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽70536
₽72946
₽70173
₽90580
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

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

As of 2018, the minimum salary of a managing director was set at 180,500 HUF per month.

The minimum wage is 138,000 HUF per month.

25 246
10 048
130 544
-
unemployment
379
151
1 958
-
pensions
2 525
1 005
13 054
-
health
1 767
703
9 138
-
income
3 086
1 228
15 959
-
total
7 757
3 087
40 109
-
Employer

As of 2018, the minimum salary of a managing director was set at 180,500 HUF per month.

The minimum wage is 138,000 HUF per month.

25 246
10 048
130 544
-
pensions
4 923
1 959
25 456
-
total
4 923
1 959
25 456
-
Corporate
125 831
143 993
-
-
income
11 325
12 959
-
-
total
11 325
12 959
-
-
Dividends
114 506
131 034
-
-
social contributions
22 214
25 437
-
-
withholding
21 756
24 896
-
-
total
43 970
50 333
-
-
Income
156 000
156 000
156 000
156 000
Total tax
67 975
68 338
65 565
47 931
After tax
88 025
87 662
90 435
108 069
Living cost
17 489
17 489
17 489
17 489
Free-cash
70 536
70 173
72 946
90 580

Estimated living cost  is ₽17489 per week

₽11935
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1431
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽349
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3774
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽96069
₽67063
₽101946
₽60765
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
156 000
health
-
-
-
20 280
income
-
-
-
20 903
pensions
-
-
-
31 199
total
-
-
-
72 382
Employee
26 841
-
116 592
-
unemployment
429
-
1 866
-
pensions
537
-
2 332
-
income
3 022
-
22 478
-
total
3 988
-
26 676
-
Employer
26 841
-
116 592
-
pensions
5 369
-
23 318
-
health
3 489
-
15 158
-
unemployment
215
-
932
-
total
9 073
-
39 408
-
Corporate
120 086
156 000
-
-
income
24 017
31 201
-
-
total
24 017
31 201
-
-
Dividends
96 070
124 799
-
-
total
-
-
-
-
Income
156 000
156 000
156 000
156 000
Total tax
37 078
31 201
66 084
72 382
After tax
118 922
124 799
89 916
83 618
Living cost
22 853
22 853
22 853
22 853
Free-cash
96 069
101 946
67 063
60 765

Estimated living cost  is ₽22853 per week

₽15675
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1361
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽460
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5358
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽9408
₽63255
-₽8406
₽85645
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
242
health
-
-
-
2 086
income
-
-
-
42 651
pensions
-
-
-
3 980
other
-
-
-
354
total
-
-
-
49 313
Employee
33 100
-
139 707
-
pensions
3 727
-
7 297
-
health
3 790
-
15 997
-
income
4 541
-
32 116
-
total
12 058
-
55 410
-
Employer
33 100
-
139 707
-
pensions
5 382
-
10 537
-
unemployment
811
-
3 423
-
accident
553
-
2 333
-
total
6 746
-
16 293
-
Corporate
116 155
156 000
-
-
income

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

104 539
140 400
-
-
total
104 539
140 400
-
-
Dividends
11 616
15 600
-
-
withholding
2 207
2 964
-
-
total
2 207
2 964
-
-
Income
156 000
156 000
156 000
156 000
Total tax
125 550
143 364
71 703
49 313
After tax
30 450
12 636
84 297
106 687
Living cost
21 042
21 042
21 042
21 042
Free-cash
9 408
-8 406
63 255
85 645

Estimated living cost  is ₽21042 per week

₽15422
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1166
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽439
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4015
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽138913
₽116979
₽140379
₽146619
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
156 000
microenterprise

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

-
-
-
1 560
total
-
-
-
1 560
Employee
9 776
-
156 000
-
income
1 955
-
31 200
-
total
1 955
-
31 200
-
Employer
-
-
-
-
total
-
-
-
-
Corporate

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

146 224
156 000
-
-
total
-
-
-
-
Dividends
146 224
156 000
-
-
withholding
7 311
7 800
-
-
total
7 311
7 800
-
-
Income
156 000
156 000
156 000
156 000
Total tax
9 266
7 800
31 200
1 560
After tax
146 734
148 200
124 800
154 440
Living cost
7 821
7 821
7 821
7 821
Free-cash
138 913
140 379
116 979
146 619

Estimated living cost  is ₽7821 per week

₽4847
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽650
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽215
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2109
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽83013
₽63458
₽89401
₽60021
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
156 000
health
-
-
-
6 331
income
-
-
-
23 072
pensions

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

-
-
-
34 531
other
-
-
-
6 834
total
-
-
-
70 768
Employee
34 354
-
124 602
-
unemployment
343
-
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.

2 404
-
8 723
-
health
481
-
1 745
-
income
5 914
-
24 218
-
total
9 142
-
35 932
-
Employer
34 354
-
124 602
-
pensions

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

5 841
-
21 182
-
other
1 718
-
6 229
-
health
481
-
1 745
-
unemployment
343
-
1 246
-
accident
275
-
997
-
total
8 658
-
31 399
-
Corporate
112 988
156 000
-
-
income
23 728
32 761
-
-
total
23 728
32 761
-
-
Dividends
89 260
123 239
-
-
withholding
6 248
8 627
-
-
total
6 248
8 627
-
-
Income
156 000
156 000
156 000
156 000
Total tax
47 776
41 388
67 331
70 768
After tax
108 224
114 612
88 669
85 232
Living cost
25 211
25 211
25 211
25 211
Free-cash
83 013
89 401
63 458
60 021

Estimated living cost  is ₽25211 per week

₽17813
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1702
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽406
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5290
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽42264
₽27913
₽40970
₽42072
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
156 000
income
-
-
-
43 836
pensions
-
-
-
8 187
total
-
-
-
52 023
Employee
87 586
-
136 341
-
pensions
8 450
-
10 122
-
health
1 443
-
2 004
-
income
15 788
-
34 396
-
total
25 681
-
46 522
-
Employer
87 586
-
136 341
-
pensions
10 341
-
17 069
-
health
1 663
-
2 591
-
total
12 004
-
19 660
-
Corporate
56 409
156 000
-
-
income

It is proposed for this rate to fall to 17% from the financial year starting on 1 April, 2020. Also, where the taxable profits can be attributed to the exploitation of patents, a lower rate of 10% applies.

10 719
29 640
-
-
total
10 719
29 640
-
-
Dividends
45 690
126 360
-
-
withholding
3 427
23 485
-
-
total
3 427
23 485
-
-
Income
156 000
156 000
156 000
156 000
Total tax
51 831
53 125
66 182
52 023
After tax
104 169
102 875
89 818
103 977
Living cost
61 905
61 905
61 905
61 905
Free-cash
42 264
40 970
27 913
42 072

Estimated living cost  is ₽61905 per week

₽46387
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽7273
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽504
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7742
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽116580
₽117373
₽120975
₽111371
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
156 000
health
-
-
-
3 801
income
-
-
-
23 400
pensions

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

-
-
-
4 891
unemployment
-
-
-
132
total
-
-
-
32 224
Employee
16 426
-
149 516
-
accident

We are using the highest rate at 1.1%.

181
-
364
-
pensions

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

1 442
-
2 902
-
health
756
-
1 520
-
income
1 642
-
14 952
-
total
4 021
-
19 738
-
Employer
16 426
-
149 516
-
pensions

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

1 810
-
3 642
-
health
1 134
-
2 280
-
unemployment
98
-
198
-
accident

We are using the highest rate at 1.1%.

181
-
364
-
total
3 223
-
6 484
-
Corporate
136 351
156 000
-
-
income
13 635
15 600
-
-
total
13 635
15 600
-
-
Dividends
122 715
140 400
-
-
withholding
6 136
7 020
-
-
total
6 136
7 020
-
-
Income
156 000
156 000
156 000
156 000
Total tax
27 015
22 620
26 222
32 224
After tax
128 985
133 380
129 778
123 776
Living cost
12 405
12 405
12 405
12 405
Free-cash
116 580
120 975
117 373
111 371

Estimated living cost  is ₽12405 per week

₽7242
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽886
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽329
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3948
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽26989
₽43842
₽24609
₽34401
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
156 000
health
-
-
-
11 667
income
-
-
-
46 381
pensions
-
-
-
11 085
total
-
-
-
69 133
Employee
87 721
80 798
138 417
-
pensions
11 085
11 085
11 085
-
health
10 944
10 549
11 667
-
income

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

13 225
13 225
19 357
-
total
35 254
34 859
42 109
-
Employer
87 721
80 798
138 417
-
pensions
6 105
5 624
6 990
-
health
6 096
5 616
6 979
-
unemployment
3 158
2 909
3 614
-
total
15 359
14 149
17 583
-
Corporate
52 921
61 053
-
-
income
10 585
12 211
-
-
total
10 585
12 211
-
-
Dividends
42 336
48 842
-
-
income
8 996
10 380
-
-
withholding
6 351
7 326
-
-
total
15 347
17 706
-
-
Income
156 000
156 000
156 000
156 000
Total tax
76 545
78 925
59 692
69 133
After tax
79 455
77 075
96 308
86 867
Living cost
52 466
52 466
52 466
52 466
Free-cash
26 989
24 609
43 842
34 401

Estimated living cost  is ₽52466 per week

₽38702
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4686
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽601
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8477
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽75567
₽55869
₽83939
₽62528
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
156 000
social contributions
-
-
-
33 769
health
-
-
-
21 060
income
-
-
-
15 176
solidarity contribution
-
-
-
-
total
-
-
-
70 005
Employee
34 511
-
116 595
-
solidarity contribution
-
-
-
-
health
4 659
-
15 740
-
social contributions
2 243
-
7 517
-
income
4 141
-
14 001
-
total
11 043
-
37 258
-
Employer
34 511
-
116 595
-
health
3 106
-
10 494
-
social contributions
8 628
-
28 912
-
total
11 734
-
39 406
-
Corporate
109 755
156 000
-
-
income
20 854
29 640
-
-
total
20 854
29 640
-
-
Dividends
88 902
126 360
-
-
withholding
13 335
18 954
-
-
total
13 335
18 954
-
-
Income
156 000
156 000
156 000
156 000
Total tax
56 966
48 594
76 664
70 005
After tax
99 034
107 406
79 336
85 995
Living cost
23 467
23 467
23 467
23 467
Free-cash
75 567
83 939
55 869
62 528

Estimated living cost  is ₽23467 per week

₽16301
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1669
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽462
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5036
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽38368
₽28208
₽43310
₽35259
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
municipal
-
-
-
926
regional
-
-
-
1 830
national
-
-
-
37 939
total
-
-
-
80 817
Employee
84 089
-
156 000
-
regional
793
-
1 615
-
municipal
445
-
828
-
national
14 571
-
32 822
-
social contributions
28 355
-
52 603
-
total
44 164
-
87 868
-
Employer
84 089
-
156 000
-
total
-
-
-
-
Corporate
71 911
156 000
-
-
municipal
2 805
6 083
-
-
nationa
17 258
37 440
-
-
total
20 063
43 523
-
-
Dividends
51 848
112 477
-
-
withholding
13 481
29 243
-
-
total
13 481
29 243
-
-
Income
156 000
156 000
156 000
156 000
Total tax
77 708
72 766
87 868
80 817
After tax
78 292
83 234
68 132
75 183
Living cost
39 924
39 924
39 924
39 924
Free-cash
38 368
43 310
28 208
35 259

Estimated living cost  is ₽39924 per week

₽27830
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2618
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽612
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8863
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽74301
₽47183
₽77245
₽53085
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
156 000
health
-
-
-
8 965
income
-
-
-
41 417
surtax
-
-
-
6 184
pensions
-
-
-
25 256
other
-
-
-
-
unemployment
-
-
-
215
total
-
-
-
82 037
Employee
31 289
-
129 419
-
unemployment
2 178
-
8 789
-
pensions
2 086
-
8 423
-
health
799
-
3 219
-
income
5 245
-
35 758
-
other
-
-
-
-
surtax
102
-
5 169
-
total
10 410
-
61 358
-
Employer
31 289
-
129 419
-
pensions
4 171
-
16 833
-
other
-
-
-
-
health
1 424
-
5 746
-
unemployment
991
-
4 002
-
total
6 586
-
26 581
-
Corporate
118 125
156 000
-
-
income
30 712
40 561
-
-
total
30 712
40 561
-
-
Dividends
87 413
115 439
-
-
withholding
13 113
17 316
-
-
total
13 113
17 316
-
-
Income
156 000
156 000
156 000
156 000
Total tax
60 821
57 877
87 939
82 037
After tax
95 179
98 123
68 061
73 963
Living cost
20 878
20 878
20 878
20 878
Free-cash
74 301
77 245
47 183
53 085

Estimated living cost  is ₽20878 per week

₽12766
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1927
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.
₽5704
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽66698
₽47526
₽60583
₽61685
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
156 000
income
-
-
-
43 836
pensions
-
-
-
8 187
total
-
-
-
52 023
Employee
58 698
-
136 341
-
pensions
4 982
-
10 122
-
health
852
-
2 004
-
income
10 572
-
34 396
-
total
16 406
-
46 522
-
Employer
58 698
-
136 341
-
pensions
6 354
-
17 069
-
health
1 115
-
2 591
-
total
7 469
-
19 660
-
Corporate
89 833
156 000
-
-
income

It is proposed for this rate to fall to 17% from the financial year starting on 1 April, 2020. Also, where the taxable profits can be attributed to the exploitation of patents, a lower rate of 10% applies.

17 069
29 640
-
-
total
17 069
29 640
-
-
Dividends
72 764
126 360
-
-
withholding
6 066
23 485
-
-
total
6 066
23 485
-
-
Income
156 000
156 000
156 000
156 000
Total tax
47 010
53 125
66 182
52 023
After tax
108 990
102 875
89 818
103 977
Living cost
42 292
42 292
42 292
42 292
Free-cash
66 698
60 583
47 526
61 685

Estimated living cost  is ₽42292 per week

₽31685
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3170
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽442
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6994
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details

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
₽28387
₽44571
-₽3732
₽52153
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
156 000
health
-
-
-
351
pensions
-
-
-
14 352
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
-
-
-
7 249
city
-
-
-
1 645
national
-
-
-
2 065
total
-
-
-
28 781
Employee
87 847
-
139 628
-
unemployment
-
-
-
-
pensions
7 380
-
11 730
-
regional
2 877
-
6 278
-
national
416
-
1 705
-
health
199
-
314
-
city
943
-
1 500
-
total
11 815
-
21 527
-
Employer
87 847
-
139 628
-
pensions
7 380
-
11 730
-
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.

1 756
-
2 792
-
health
199
-
314
-
unemployment
-
-
-
-
total
9 335
-
14 836
-
Corporate
57 852
156 000
-
-
regional
12 235
32 994
-
-
national
4 918
13 261
-
-
total
17 153
46 255
-
-
Dividends
40 699
109 746
-
-
withholding
14 244
38 411
-
-
total
14 244
38 411
-
-
Income
156 000
156 000
156 000
156 000
Total tax
52 547
84 666
36 363
28 781
After tax
103 453
71 334
119 637
127 219
Living cost
75 066
75 066
75 066
75 066
Free-cash
28 387
-3 732
44 571
52 153

Estimated living cost  is ₽75066 per week

₽48815
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽6736
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽922
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽18593
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽49091
₽56566
₽33749
₽37356
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
156 000
health

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

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

-
-
-
6 464
trade
-
-
-
19 210
income

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

-
-
-
47 039
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.

-
-
-
2 587
total
-
-
-
75 300
Employee

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

56 862
-
156 000
-
health

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

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

6 464
-
6 464
-
income

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

6 686
-
47 039
-
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.

368
-
2 587
-
total
13 518
-
56 090
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
99 138
156 000
-
-
income
14 870
23 401
-
-
chamber of commerce
284
363
-
-
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.

819
1 287
-
-
trade
17 002
26 753
-
-
total
32 975
51 804
-
-
Dividends
66 163
104 196
-
-
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.

891
1 413
-
-
withholding
16 181
25 690
-
-
total
17 072
27 103
-
-
Income
156 000
156 000
156 000
156 000
Total tax
63 565
78 907
56 090
75 300
After tax
92 435
77 093
99 910
80 700
Living cost
43 344
43 344
43 344
43 344
Free-cash
49 091
33 749
56 566
37 356

Estimated living cost  is ₽43344 per week

₽31657
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3467
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽564
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7658
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽51841
₽54541
₽46253
₽55711
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
4 446
health
-
-
-
6 265
income
-
-
-
23 539
surtax
-
-
-
-
pensions
-
-
-
28 833
other
-
-
-
4 835
total
-
-
-
67 918
Employee
40 494
-
121 476
-
pensions
4 579
-
8 139
-
social contributions
1 155
-
3 460
-
income
2 390
-
22 964
-
surtax
-
-
-
-
total
8 124
-
34 563
-
Employer
40 494
-
121 476
-
pensions
6 652
-
13 758
-
other
1 397
-
4 608
-
health
2 835
-
10 875
-
unemployment
1 639
-
4 920
-
social contributions
122
-
364
-
total
12 645
-
34 525
-
Corporate
102 860
156 000
-
-
income
28 800
43 679
-
-
surtax
-
-
-
-
total
28 800
43 679
-
-
Dividends
74 060
112 321
-
-
surtax
-
-
-
-
social contributions
12 739
19 320
-
-
withholding
9 480
14 377
-
-
total
22 219
33 697
-
-
Income
156 000
156 000
156 000
156 000
Total tax
71 788
77 376
69 088
67 918
After tax
84 212
78 624
86 912
88 082
Living cost
32 371
32 371
32 371
32 371
Free-cash
51 841
46 253
54 541
55 711

Estimated living cost  is ₽32371 per week

₽20411
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2632
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽551
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8778
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽54716
₽57748
₽49460
₽58918
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
4 446
health
-
-
-
6 265
income
-
-
-
23 539
surtax
-
-
-
-
pensions
-
-
-
28 833
other
-
-
-
4 835
total
-
-
-
67 918
Employee
36 147
-
121 476
-
pensions
4 088
-
8 139
-
social contributions
1 031
-
3 460
-
income
1 864
-
22 964
-
surtax
-
-
-
-
total
6 983
-
34 563
-
Employer
36 147
-
121 476
-
pensions
5 940
-
13 758
-
other
1 248
-
4 608
-
health
2 530
-
10 875
-
unemployment
1 463
-
4 920
-
social contributions
108
-
364
-
total
11 289
-
34 525
-
Corporate
108 565
156 000
-
-
income
30 398
43 679
-
-
surtax
-
-
-
-
total
30 398
43 679
-
-
Dividends
78 167
112 321
-
-
surtax
-
-
-
-
social contributions
13 445
19 320
-
-
withholding
10 005
14 377
-
-
total
23 450
33 697
-
-
Income
156 000
156 000
156 000
156 000
Total tax
72 120
77 376
69 088
67 918
After tax
83 880
78 624
86 912
88 082
Living cost
29 164
29 164
29 164
29 164
Free-cash
54 716
49 460
57 748
58 918

Estimated living cost  is ₽29164 per week

₽16914
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2963
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽553
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8735
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽75602
₽77217
₽75112
₽80120
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
156 000
social contributions
-
-
-
21 528
health
-
-
-
10 888
income
-
-
-
23 401
total
-
-
-
55 817
Employee
32 080
-
156 000
-
health
2 239
-
10 888
-
social contributions
4 428
-
21 528
-
income
5 351
-
26 304
-
total
12 018
-
58 720
-
Employer
32 080
-
156 000
-
total
-
-
-
-
Corporate
123 920
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%.

6 196
7 800
-
-
total
6 196
7 800
-
-
Dividends
117 723
148 200
-
-
health
8 216
10 344
-
-
social contributions
16 246
20 451
-
-
withholding
17 659
22 230
-
-
total
42 121
53 025
-
-
Income
156 000
156 000
156 000
156 000
Total tax
60 335
60 825
58 720
55 817
After tax
95 665
95 175
97 280
100 183
Living cost
20 063
20 063
20 063
20 063
Free-cash
75 602
75 112
77 217
80 120

Estimated living cost  is ₽20063 per week

₽13427
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1237
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽461
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4936
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽51614
₽7879
₽53078
₽46696
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
156 000
health
-
-
-
8 455
surtax
-
-
-
187
income
-
-
-
40 446
chamber of commerce
-
-
-
625
pensions
-
-
-
20 449
unemployment
-
-
-
5 803
total
-
-
-
75 965
Employee
47 285
37 706
123 085
-
unemployment
1 418
1 131
3 316
-
pensions
4 842
3 860
11 319
-
health
1 830
1 460
4 277
-
income
5 383
2 781
31 976
-
other
472
377
1 106
-
total
13 945
9 609
51 994
-
Employer
47 285
37 706
123 085
-
chamber of commerce
189
151
492
-
pensions
5 934
4 733
13 872
-
other
2 246
1 790
5 740
-
health
1 787
1 426
4 178
-
unemployment
1 418
1 131
3 316
-
accident
614
490
1 436
-
surtax
187
187
187
-
payroll
1 418
1 131
3 693
-
total
13 793
11 039
32 914
-
Corporate
94 922
107 255
119 494
-
income

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

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

23 731
26 814
29 874
-
total
23 731
26 814
29 874
-
Dividends
71 191
80 441
-
-
withholding
19 578
22 121
-
-
total
19 578
22 121
-
-
Income
156 000
156 000
156 000
156 000
Total tax
71 047
69 583
114 782
75 965
After tax
84 953
86 417
41 218
80 035
Living cost
33 339
33 339
33 339
33 339
Free-cash
51 614
53 078
7 879
46 696

Estimated living cost  is ₽33339 per week

₽22236
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2844
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.
₽7712
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽38578
₽21021
₽52767
₽33065
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
156 000
social contributions
-
-
-
23 589
communal

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

-
-
-
7 945
national
-
-
-
56 903
total
-
-
-
88 437
Employee

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

67 679
-
120 828
-
unemployment

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

589
-
1 050
-
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.

5 076
-
9 062
-
national
20 807
-
43 216
-
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.

3 180
-
5 679
-
communal

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

3 530
-
6 302
-
total
33 182
-
65 309
-
Employer

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

67 679
-
120 828
-
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.

5 997
-
10 705
-
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.

4 162
-
7 430
-
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.

988
-
1 763
-
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.

880
-
1 571
-
surtax
7 674
-
13 703
-
total
19 701
-
35 172
-
Corporate
68 620
156 000
-
-
income
13 725
31 201
-
-
surtax
275
625
-
-
total
14 000
31 826
-
-
Dividends
54 621
124 175
-
-
withholding

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

16 041
36 909
-
-
total
16 041
36 909
-
-
Income
156 000
156 000
156 000
156 000
Total tax
82 924
68 735
100 481
88 437
After tax
73 076
87 265
55 519
67 563
Living cost
34 498
34 498
34 498
34 498
Free-cash
38 578
52 767
21 021
33 065

Estimated living cost  is ₽34498 per week

₽22221
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3016
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽540
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8721
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽63261
₽49526
₽69941
₽53495
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
790
income
-
-
-
42 025
pensions
-
-
-
24 818
other
-
-
-
88
unemployment
-
-
-
614
total
-
-
-
68 335
Employee
47 097
-
128 042
-
unemployment
731
-
1 359
-
pensions
2 214
-
4 122
-
income
9 937
-
38 777
-
other
47
-
88
-
total
12 929
-
44 346
-
Employer
47 097
-
128 042
-
pensions
11 114
-
20 697
-
other
375
-
702
-
unemployment
2 591
-
4 823
-
accident
932
-
1 736
-
total
15 012
-
27 958
-
Corporate
93 890
156 000
-
-
income

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

14 084
23 401
-
-
total
14 084
23 401
-
-
Dividends
79 806
132 599
-
-
withholding
16 544
28 488
-
-
total
16 544
28 488
-
-
Income
156 000
156 000
156 000
156 000
Total tax
58 569
51 889
72 304
68 335
After tax
97 431
104 111
83 696
87 665
Living cost
34 170
34 170
34 170
34 170
Free-cash
63 261
69 941
49 526
53 495

Estimated living cost  is ₽34170 per week

₽25162
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2424
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.
₽6090
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Barcelona model

Close
Luxembourg , Luxembourg
₽28900
₽33124
₽40490
₽26904
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
156 000
accident
-
-
-
1 316
health
-
-
-
10 960
income
-
-
-
24 427
surtax
-
-
-
7 733
pensions
-
-
-
23 383
communal
-
-
-
9 859
total
-
-
-
77 678
Employee
71 652
-
139 348
-
pensions
5 731
-
11 148
-
health
3 189
-
6 202
-
income
6 921
-
28 918
-
surtax
4 392
-
8 539
-
total
20 233
-
54 807
-
Employer
71 652
-
139 348
-
pensions
5 731
-
11 148
-
health
2 185
-
4 250
-
accident
645
-
1 253
-
total
8 561
-
16 651
-
Corporate
75 787
156 000
-
-
income
11 367
23 401
-
-
communal
5 115
10 531
-
-
surtax
795
1 638
-
-
total
17 277
35 570
-
-
Dividends
58 509
120 431
-
-
income
20 835
10 457
-
-
withholding
8 776
18 065
-
-
total
29 611
28 522
-
-
Income
156 000
156 000
156 000
156 000
Total tax
75 682
64 092
71 458
77 678
After tax
80 318
91 908
84 542
78 322
Living cost
51 418
51 418
51 418
51 418
Free-cash
28 900
40 490
33 124
26 904

Estimated living cost  is ₽51418 per week

₽38571
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3115
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.
₽9186
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽73863
₽46809
₽76871
₽52711
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
156 000
health
-
-
-
8 965
income
-
-
-
41 417
surtax
-
-
-
6 184
pensions
-
-
-
25 256
other
-
-
-
-
unemployment
-
-
-
215
total
-
-
-
82 037
Employee
31 863
-
129 419
-
unemployment
2 217
-
8 789
-
pensions
2 126
-
8 423
-
health
813
-
3 219
-
income
5 342
-
35 758
-
other
-
-
-
-
surtax
113
-
5 169
-
total
10 611
-
61 358
-
Employer
31 863
-
129 419
-
pensions
4 248
-
16 833
-
other
-
-
-
-
health
1 449
-
5 746
-
unemployment
1 011
-
4 002
-
total
6 708
-
26 581
-
Corporate
117 429
156 000
-
-
income
30 531
40 561
-
-
total
30 531
40 561
-
-
Dividends
86 898
115 439
-
-
withholding
13 035
17 316
-
-
total
13 035
17 316
-
-
Income
156 000
156 000
156 000
156 000
Total tax
60 885
57 877
87 939
82 037
After tax
95 115
98 123
68 061
73 963
Living cost
21 252
21 252
21 252
21 252
Free-cash
73 863
76 871
46 809
52 711

Estimated living cost  is ₽21252 per week

₽12831
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1848
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽494
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6081
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽54410
₽42160
₽56511
₽49173
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
municipal
-
-
-
926
regional
-
-
-
2 353
national
-
-
-
37 939
total
-
-
-
81 340
Employee
52 485
-
156 000
-
regional
707
-
2 100
-
municipal
278
-
828
-
national
8 315
-
32 822
-
social contributions
17 698
-
52 603
-
total
26 998
-
88 353
-
Employer
52 485
-
156 000
-
total
-
-
-
-
Corporate
103 515
156 000
-
-
municipal
5 144
7 753
-
-
nationa
24 844
37 440
-
-
total
29 988
45 193
-
-
Dividends
73 527
110 807
-
-
withholding
19 117
28 809
-
-
total
19 117
28 809
-
-
Income
156 000
156 000
156 000
156 000
Total tax
76 103
74 002
88 353
81 340
After tax
79 897
81 998
67 647
74 660
Living cost
25 487
25 487
25 487
25 487
Free-cash
54 410
56 511
42 160
49 173

Estimated living cost  is ₽25487 per week

₽15851
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2582
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽436
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6618
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽68172
₽50418
₽78488
₽57077
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
156 000
social contributions
-
-
-
33 769
health
-
-
-
21 060
income
-
-
-
15 176
solidarity contribution
-
-
-
-
total
-
-
-
70 005
Employee
42 527
-
116 595
-
solidarity contribution
-
-
-
-
health
5 741
-
15 740
-
social contributions
2 764
-
7 517
-
income
5 103
-
14 001
-
total
13 608
-
37 258
-
Employer
42 527
-
116 595
-
health
3 827
-
10 494
-
social contributions
10 632
-
28 912
-
total
14 459
-
39 406
-
Corporate
99 014
156 000
-
-
income
18 813
29 640
-
-
total
18 813
29 640
-
-
Dividends
80 202
126 360
-
-
withholding
12 030
18 954
-
-
total
12 030
18 954
-
-
Income
156 000
156 000
156 000
156 000
Total tax
58 910
48 594
76 664
70 005
After tax
97 090
107 406
79 336
85 995
Living cost
28 918
28 918
28 918
28 918
Free-cash
68 172
78 488
50 418
57 077

Estimated living cost  is ₽28918 per week

₽21505
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1602
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽500
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5310
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽55863
₽11090
₽56332
₽50036
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
156 000
health
-
-
-
8 455
surtax
-
-
-
-
income
-
-
-
40 446
chamber of commerce
-
-
-
625
pensions
-
-
-
20 449
unemployment
-
-
-
5 803
total
-
-
-
75 778
Employee
41 359
37 706
123 261
-
unemployment
1 241
1 131
3 316
-
pensions
4 236
3 860
11 319
-
health
1 600
1 460
4 277
-
income
3 684
2 781
32 050
-
other
413
377
1 106
-
total
11 174
9 609
52 068
-
Employer
41 359
37 706
123 261
-
chamber of commerce
165
151
494
-
pensions
5 191
4 733
13 872
-
other
1 964
1 790
5 746
-
health
1 564
1 426
4 178
-
unemployment
1 241
1 131
3 316
-
accident
537
490
1 436
-
surtax
-
-
-
-
payroll
1 241
1 131
3 697
-
total
11 903
10 852
32 739
-
Corporate
102 738
107 442
119 670
-
income

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

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

25 685
26 861
29 917
-
total
25 685
26 861
29 917
-
Dividends
77 054
80 581
-
-
withholding
21 189
22 160
-
-
total
21 189
22 160
-
-
Income
156 000
156 000
156 000
156 000
Total tax
69 951
69 482
114 724
75 778
After tax
86 049
86 518
41 276
80 222
Living cost
30 186
30 186
30 186
30 186
Free-cash
55 863
56 332
11 090
50 036

Estimated living cost  is ₽30186 per week

₽18108
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3083
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽539
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8457
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽133727
₽112612
₽136012
₽142252
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
15 235
-
156 000
-
income
3 047
-
31 200
-
total
3 047
-
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%.

140 765
156 000
-
-
total
-
-
-
-
Dividends
140 765
156 000
-
-
withholding
7 038
7 800
-
-
total
7 038
7 800
-
-
Income
156 000
156 000
156 000
156 000
Total tax
10 085
7 800
31 200
1 560
After tax
145 915
148 200
124 800
154 440
Living cost
12 188
12 188
12 188
12 188
Free-cash
133 727
136 012
112 612
142 252

Estimated living cost  is ₽12188 per week

₽8248
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽512
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽409
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3020
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽74115
₽47222
₽82029
₽51355
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

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

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

-
-
-
156 000
health
-
-
-
15 350
income
-
-
-
35 195
pensions
-
-
-
28 489
unemployment
-
-
-
233
total
-
-
-
79 267
Employee

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

41 839
-
134 984
-
unemployment
59
-
189
-
pensions
6 485
-
20 923
-
health
2 702
-
8 719
-
income
7 215
-
32 552
-
total
16 461
-
62 383
-
Employer

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

41 839
-
134 984
-
pensions
3 702
-
11 946
-
health
2 787
-
8 990
-
unemployment
25
-
81
-
total
6 514
-
21 017
-
Corporate
107 647
156 000
-
-
income
20 453
29 640
-
-
total
20 453
29 640
-
-
Dividends
87 194
126 360
-
-
withholding
13 079
18 953
-
-
total
13 079
18 953
-
-
Income
156 000
156 000
156 000
156 000
Total tax
56 507
48 593
83 400
79 267
After tax
99 493
107 407
72 600
76 733
Living cost
25 378
25 378
25 378
25 378
Free-cash
74 115
82 029
47 222
51 355

Estimated living cost  is ₽25378 per week

₽17416
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1627
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.
₽5844
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽8973
₽102661
₽54034
₽66932
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
156 000
social contributions
-
-
-
17 784
income
-
-
-
30 408
total
-
-
-
48 192
Employee
58 610
-
-
-
social contributions
4 806
-
685
-
income
12 928
-
-
-
total
17 734
-
685
-
Employer
58 610
-
-
-
social contributions
82 641
-
11 778
-
total
82 641
-
11 778
-
Corporate
14 749
156 000
-
-
income
3 245
34 320
-
-
total
3 245
34 320
-
-
Dividends
11 504
121 680
-
-
income
2 531
26 770
-
-
total
2 531
26 770
-
-
Income
156 000
156 000
156 000
156 000
Total tax
106 151
61 090
12 463
48 192
After tax
49 849
94 910
143 537
107 808
Living cost
40 876
40 876
40 876
40 876
Free-cash
8 973
54 034
102 661
66 932

Estimated living cost  is ₽40876 per week

₽26522
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3844
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽521
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9989
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽58103
₽42726
₽59055
₽54281
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
156 000
social contributions

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

-
-
-
54 210
income
-
-
-
17 831
surtax
-
-
-
-
total
-
-
-
72 041
Employee
43 516
-
126 060
-
social contributions
4 787
-
13 867
-
income
9 051
-
39 791
-
surtax
-
-
-
-
total
13 838
-
53 658
-
Employer
43 516
-
126 060
-
social contributions
10 335
-
29 938
-
total
10 335
-
29 938
-
Corporate
102 149
156 000
-
-
income
21 451
32 761
-
-
surtax
-
-
-
-
total
21 451
32 761
-
-
Dividends
80 698
123 239
-
-
withholding
22 595
34 506
-
-
total
22 595
34 506
-
-
Income
156 000
156 000
156 000
156 000
Total tax
68 219
67 267
83 596
72 041
After tax
87 781
88 733
72 404
83 959
Living cost
29 678
29 678
29 678
29 678
Free-cash
58 103
59 055
42 726
54 281

Estimated living cost  is ₽29678 per week

₽22205
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1751
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽496
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5227
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽39428
₽41214
₽32926
₽42384
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
4 446
health
-
-
-
6 265
income
-
-
-
23 539
surtax
-
-
-
-
pensions
-
-
-
28 833
other
-
-
-
4 835
total
-
-
-
67 918
Employee
59 260
-
121 476
-
pensions
6 703
-
8 139
-
social contributions
1 688
-
3 460
-
income
5 171
-
22 964
-
surtax
-
-
-
-
total
13 562
-
34 563
-
Employer
59 260
-
121 476
-
pensions
9 737
-
13 758
-
other
2 045
-
4 608
-
health
4 148
-
10 875
-
unemployment
2 401
-
4 920
-
social contributions
178
-
364
-
total
18 509
-
34 525
-
Corporate
78 232
156 000
-
-
income
21 905
43 679
-
-
surtax
-
-
-
-
total
21 905
43 679
-
-
Dividends
56 327
112 321
-
-
surtax
-
-
-
-
social contributions
9 689
19 320
-
-
withholding
7 209
14 377
-
-
total
16 898
33 697
-
-
Income
156 000
156 000
156 000
156 000
Total tax
70 874
77 376
69 088
67 918
After tax
85 126
78 624
86 912
88 082
Living cost
45 698
45 698
45 698
45 698
Free-cash
39 428
32 926
41 214
42 384

Estimated living cost  is ₽45698 per week

₽30928
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3738
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽627
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10405
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽108780
₽90961
₽111960
₽86817
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
156 000
social contributions
-
-
-
34 319
income
-
-
-
6 423
total
-
-
-
40 742
Employee
30 418
-
135 064
-
social contributions
1 977
-
8 780
-
income
-
-
6 882
-
total
1 977
-
15 662
-
Employer
30 418
-
135 064
-
social contributions
4 715
-
20 936
-
total
4 715
-
20 936
-
Corporate
120 867
156 000
-
-
income
12 087
15 599
-
-
total
12 087
15 599
-
-
Dividends
108 780
140 401
-
-
total
-
-
-
-
Income
156 000
156 000
156 000
156 000
Total tax
18 779
15 599
36 598
40 742
After tax
137 221
140 401
119 402
115 258
Living cost
28 441
28 441
28 441
28 441
Free-cash
108 780
111 960
90 961
86 817

Estimated living cost  is ₽28441 per week

₽18390
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2144
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽535
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7372
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽50020
-₽50020
-₽50020
₽47076
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
municipal
-
-
-
32 182
pensions
-
-
-
820
labour market
-
-
-
12 415
national
-
-
-
17 968
total
-
-
-
63 385
Employee
192 210
192 210
192 210
-
pensions
273
273
273
-
municipal
40 930
40 930
40 930
-
national
23 482
23 482
23 482
-
labour market
15 355
15 355
15 355
-
total
80 040
80 040
80 040
-
Employer
192 210
192 210
192 210
-
municipal
40 995
40 995
40 995
-
pensions
546
546
546
-
national
23 523
23 523
23 523
-
labour market
15 377
15 377
15 377
-
total
80 441
80 441
80 441
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
156 000
156 000
156 000
156 000
Total tax
160 481
160 481
160 481
63 385
After tax
-4 481
-4 481
-4 481
92 615
Living cost
45 539
45 539
45 539
45 539
Free-cash
-50 020
-50 020
-50 020
47 076

Estimated living cost  is ₽45539 per week

₽31168
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4028
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽700
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9643
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽9456
₽63566
-₽8095
₽85956
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
242
health
-
-
-
2 086
income
-
-
-
42 651
pensions
-
-
-
3 980
other
-
-
-
354
total
-
-
-
49 313
Employee
32 612
-
139 707
-
pensions
3 672
-
7 297
-
health
3 734
-
15 997
-
income
4 474
-
32 116
-
total
11 880
-
55 410
-
Employer
32 612
-
139 707
-
pensions
5 303
-
10 537
-
unemployment
799
-
3 423
-
accident
545
-
2 333
-
total
6 647
-
16 293
-
Corporate
116 742
156 000
-
-
income

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

105 068
140 400
-
-
total
105 068
140 400
-
-
Dividends
11 674
15 600
-
-
withholding
2 218
2 964
-
-
total
2 218
2 964
-
-
Income
156 000
156 000
156 000
156 000
Total tax
125 813
143 364
71 703
49 313
After tax
30 187
12 636
84 297
106 687
Living cost
20 731
20 731
20 731
20 731
Free-cash
9 456
-8 095
63 566
85 956

Estimated living cost  is ₽20731 per week

₽15090
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1182
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽389
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4070
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽64213
₽46187
₽62089
₽65843
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
156 000
health
-
-
-
2 007
municipal
-
-
-
27 719
national
-
-
-
24 105
total
-
-
-
53 831
Employee
49 779
-
131 236
-
unemployment
747
-
1 968
-
pensions
3 359
-
8 859
-
municipal
8 153
-
21 381
-
national
822
-
14 888
-
health
372
-
1 627
-
total
13 453
-
48 723
-
Employer
49 779
-
131 236
-
pensions
8 636
-
22 769
-
health
382
-
1 011
-
unemployment
323
-
853
-
accident
50
-
131
-
total
9 391
-
24 764
-
Corporate
96 828
156 000
-
-
income
19 366
31 201
-
-
total
19 366
31 201
-
-
Dividends

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

58 097
93 600
-
-
national
2 794
9 537
-
-
municipal
10 457
16 847
-
-
total
13 251
26 384
-
-
Income
156 000
156 000
156 000
156 000
Total tax
55 461
57 585
73 487
53 831
After tax
100 539
98 415
82 513
102 169
Living cost
36 326
36 326
36 326
36 326
Free-cash
64 213
62 089
46 187
65 843

Estimated living cost  is ₽36326 per week

₽23728
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3494
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.
₽8527
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽86781
₽83855
₽91932
₽85254
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
156 000
social contributions
-
-
-
15 309
health
-
-
-
3 979
income
-
-
-
29 552
total
-
-
-
48 840
Employee
72 755
72 755
145 169
-
health
564
1 237
2 467
-
social contributions
2 751
6 038
8 144
-
income
7 922
6 735
28 798
-
total
11 237
14 010
39 409
-
Employer
72 755
72 755
145 169
-
health
612
1 347
2 686
-
social contributions
2 751
6 038
8 144
-
total
3 363
7 385
10 830
-
Corporate
119 495
75 860
-
-
income
14 937
9 482
-
-
total
14 937
9 482
-
-
Dividends
104 558
66 378
-
-
withholding
17 776
11 285
-
-
total
17 776
11 285
-
-
Income
156 000
156 000
156 000
156 000
Total tax
47 313
42 162
50 239
48 840
After tax
108 687
113 838
105 761
107 160
Living cost
21 906
21 906
21 906
21 906
Free-cash
86 781
91 932
83 855
85 254

Estimated living cost  is ₽21906 per week

₽13129
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2149
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.
₽6144
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽109348
₽96747
₽114160
₽115724
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

  • up to €9,000.00, 60% of the average monthly wage in Montenegro
  • up to €15,000.00, 100% of the average monthly wage in Montenegro
  • in excess of €15,000, 150% of the average monthly wage in Montenegro
-
-
-
156 000
health
-
-
-
3 424
income
-
-
-
15 784
pensions
-
-
-
6 019
unemployment
-
-
-
27
total
-
-
-
25 254
Employee

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

21 718
-
146 753
-
unemployment
108
-
449
-
pensions
3 257
-
13 466
-
health
1 846
-
7 631
-
income
1 485
-
13 438
-
total
6 696
-
34 984
-
Employer

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

21 718
-
146 753
-
pensions
1 194
-
4 938
-
health
934
-
3 860
-
unemployment
108
-
449
-
total
2 236
-
9 247
-
Corporate
132 047
156 000
-
-
income
11 884
14 041
-
-
total
11 884
14 041
-
-
Dividends
120 163
141 959
-
-
withholding
10 814
12 777
-
-
total
10 814
12 777
-
-
Income
156 000
156 000
156 000
156 000
Total tax
31 630
26 818
44 231
25 254
After tax
124 370
129 182
111 769
130 746
Living cost
15 022
15 022
15 022
15 022
Free-cash
109 348
114 160
96 747
115 724

Estimated living cost  is ₽15022 per week

₽9584
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1083
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽447
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3907
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽73916
₽57678
₽78093
₽61647
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
790
income
-
-
-
42 025
pensions
-
-
-
24 818
other
-
-
-
88
unemployment
-
-
-
614
total
-
-
-
68 335
Employee
34 985
-
128 042
-
unemployment
542
-
1 359
-
pensions
1 645
-
4 122
-
income
6 745
-
38 777
-
other
34
-
88
-
total
8 966
-
44 346
-
Employer
34 985
-
128 042
-
pensions
8 256
-
20 697
-
other
280
-
702
-
unemployment
1 925
-
4 823
-
accident
693
-
1 736
-
total
11 154
-
27 958
-
Corporate
109 861
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.

16 479
23 401
-
-
total
16 479
23 401
-
-
Dividends
93 382
132 599
-
-
withholding
19 467
28 488
-
-
total
19 467
28 488
-
-
Income
156 000
156 000
156 000
156 000
Total tax
56 066
51 889
72 304
68 335
After tax
99 934
104 111
83 696
87 665
Living cost
26 018
26 018
26 018
26 018
Free-cash
73 916
78 093
57 678
61 647

Estimated living cost  is ₽26018 per week

₽17562
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2501
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽456
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5500
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽95178
₽98315
₽95484
₽98447
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
156 000
health
-
-
-
984
income
-
-
-
53 352
pensions
-
-
-
1 357
total
-
-
-
55 693
Employee
2 833
-
154 473
-
unemployment
28
-
68
-
pensions
255
-
611
-
health
142
-
339
-
income
548
-
53 280
-
total
973
-
54 298
-
Employer
2 833
-
154 473
-
pensions
312
-
746
-
health
269
-
645
-
unemployment
57
-
136
-
total
638
-
1 527
-
Corporate
152 529
156 000
-
-
income
33 556
34 320
-
-
total
33 556
34 320
-
-
Dividends
118 973
121 680
-
-
withholding
23 795
24 336
-
-
total
23 795
24 336
-
-
Income
156 000
156 000
156 000
156 000
Total tax
58 962
58 656
55 825
55 693
After tax
97 038
97 344
100 175
100 307
Living cost
1 860
1 860
1 860
1 860
Free-cash
95 178
95 484
98 315
98 447

Estimated living cost  is ₽1860 per week

₽1106
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽151
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽43
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽561
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽91699
₽78171
₽96352
₽78169
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

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

-
-
-
156 000
health
-
-
-
7 200
income
-
-
-
35 049
pensions
-
-
-
18 175
unemployment
-
-
-
1 049
total
-
-
-
61 473
Employee

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

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

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

24 666
-
143 487
-
unemployment
185
-
524
-
pensions
3 453
-
9 786
-
health
1 270
-
3 600
-
income
3 400
-
35 049
-
total
8 308
-
48 959
-
Employer

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

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

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

24 666
-
143 487
-
pensions
2 960
-
8 388
-
health
1 270
-
3 600
-
unemployment
185
-
524
-
total
4 415
-
12 512
-
Corporate
126 918
156 000
-
-
income
19 038
23 400
-
-
total
19 038
23 400
-
-
Dividends
107 881
132 600
-
-
withholding
16 182
19 890
-
-
total
16 182
19 890
-
-
Income
156 000
156 000
156 000
156 000
Total tax
47 943
43 290
61 471
61 473
After tax
108 057
112 710
94 529
94 527
Living cost
16 358
16 358
16 358
16 358
Free-cash
91 699
96 352
78 171
78 169

Estimated living cost  is ₽16358 per week

₽11014
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1265
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽473
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3605
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽62883
₽46896
₽63225
₽58451
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
156 000
social contributions

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

-
-
-
54 210
income
-
-
-
17 831
surtax
-
-
-
-
total
-
-
-
72 041
Employee
36 722
-
126 060
-
social contributions
4 040
-
13 867
-
income
7 175
-
39 791
-
surtax
-
-
-
-
total
11 215
-
53 658
-
Employer
36 722
-
126 060
-
social contributions
8 721
-
29 938
-
total
8 721
-
29 938
-
Corporate
110 557
156 000
-
-
income
23 218
32 761
-
-
surtax
-
-
-
-
total
23 218
32 761
-
-
Dividends
87 339
123 239
-
-
withholding
24 455
34 506
-
-
total
24 455
34 506
-
-
Income
156 000
156 000
156 000
156 000
Total tax
67 609
67 267
83 596
72 041
After tax
88 391
88 733
72 404
83 959
Living cost
25 508
25 508
25 508
25 508
Free-cash
62 883
63 225
46 896
58 451

Estimated living cost  is ₽25508 per week

₽18066
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1772
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽452
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5218
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽64502
₽50444
₽70859
₽54413
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
790
income
-
-
-
42 025
pensions
-
-
-
24 818
other
-
-
-
88
unemployment
-
-
-
614
total
-
-
-
68 335
Employee
45 695
-
128 042
-
unemployment
707
-
1 359
-
pensions
2 147
-
4 122
-
income
9 544
-
38 777
-
other
45
-
88
-
total
12 443
-
44 346
-
Employer
45 695
-
128 042
-
pensions
10 784
-
20 697
-
other
366
-
702
-
unemployment
2 514
-
4 823
-
accident
905
-
1 736
-
total
14 569
-
27 958
-
Corporate
95 736
156 000
-
-
income

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

14 360
23 401
-
-
total
14 360
23 401
-
-
Dividends
81 376
132 599
-
-
withholding
16 874
28 488
-
-
total
16 874
28 488
-
-
Income
156 000
156 000
156 000
156 000
Total tax
58 246
51 889
72 304
68 335
After tax
97 754
104 111
83 696
87 665
Living cost
33 252
33 252
33 252
33 252
Free-cash
64 502
70 859
50 444
54 413

Estimated living cost  is ₽33252 per week

₽23880
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2586
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽469
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6318
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽111338
₽113502
₽117104
₽107500
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
156 000
health
-
-
-
3 801
income
-
-
-
23 400
pensions

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

-
-
-
4 891
unemployment
-
-
-
132
total
-
-
-
32 224
Employee
21 552
-
149 516
-
accident

We are using the highest rate at 1.1%.

237
-
364
-
pensions

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

1 892
-
2 902
-
health
991
-
1 520
-
income
2 156
-
14 952
-
total
5 276
-
19 738
-
Employer
21 552
-
149 516
-
pensions

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

2 375
-
3 642
-
health
1 487
-
2 280
-
unemployment
129
-
198
-
accident

We are using the highest rate at 1.1%.

237
-
364
-
total
4 228
-
6 484
-
Corporate
130 220
156 000
-
-
income
13 022
15 600
-
-
total
13 022
15 600
-
-
Dividends
117 197
140 400
-
-
withholding
5 860
7 020
-
-
total
5 860
7 020
-
-
Income
156 000
156 000
156 000
156 000
Total tax
28 386
22 620
26 222
32 224
After tax
127 614
133 380
129 778
123 776
Living cost
16 276
16 276
16 276
16 276
Free-cash
111 338
117 104
113 502
107 500

Estimated living cost  is ₽16276 per week

₽10765
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽932
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽388
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4192
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽56152
₽63381
₽43775
₽47308
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
156 000
health

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

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

-
-
-
6 464
trade
-
-
-
16 073
income

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

-
-
-
47 039
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.

-
-
-
2 587
total
-
-
-
72 163
Employee

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

47 077
-
156 000
-
health

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

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

6 464
-
6 464
-
income

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

3 871
-
47 039
-
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.

214
-
2 587
-
total
10 549
-
56 090
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
108 923
156 000
-
-
income
16 339
23 401
-
-
chamber of commerce
303
372
-
-
surtax

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

898
1 287
-
-
trade
15 630
22 386
-
-
total
33 170
47 446
-
-
Dividends
75 753
108 554
-
-
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.

1 022
1 472
-
-
withholding
18 578
26 778
-
-
total
19 600
28 250
-
-
Income
156 000
156 000
156 000
156 000
Total tax
63 319
75 696
56 090
72 163
After tax
92 681
80 304
99 910
83 837
Living cost
36 529
36 529
36 529
36 529
Free-cash
56 152
43 775
63 381
47 308

Estimated living cost  is ₽36529 per week

₽25198
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3930
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽530
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6870
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽57392
₽29563
₽55303
₽29563
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
156 000
social contributions
-
-
-
25 780
income
-
-
-
46 760
total
-
-
-
72 540
Employee
74 011
-
156 000
-
social contributions
6 149
-
25 780
-
income
13 965
-
46 760
-
total
20 114
-
72 540
-
Employer
74 011
-
156 000
-
total
-
-
-
-
Corporate
81 989
156 000
-
-
income
10 249
19 499
-
-
total
10 249
19 499
-
-
Dividends
71 741
136 501
-
-
withholding
14 348
27 301
-
-
total
14 348
27 301
-
-
Income
156 000
156 000
156 000
156 000
Total tax
44 711
46 800
72 540
72 540
After tax
111 289
109 200
83 460
83 460
Living cost
53 897
53 897
53 897
53 897
Free-cash
57 392
55 303
29 563
29 563

Estimated living cost  is ₽53897 per week

₽41004
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4392
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.
₽7986
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽65360
₽77225
₽62055
₽88839
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

We use The Residence Programme or The Global Residence Programme.

-
-
-
156 000
income
-
-
-
26 933
health

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

-
-
-
5 882
total
-
-
-
32 815
Employee
43 404
-
151 648
-
social contributions
4 349
-
4 352
-
income
4 710
-
35 725
-
total
9 059
-
40 077
-
Employer
43 404
-
151 648
-
social contributions
4 349
-
4 352
-
total
4 349
-
4 352
-
Corporate
108 247
156 000
-
-
income
37 887
54 600
-
-
total
37 887
54 600
-
-
Dividends
70 360
101 400
-
-
social contributions
4 999
4 999
-
-
total
4 999
4 999
-
-
Income
156 000
156 000
156 000
156 000
Total tax
56 294
59 599
44 429
32 815
After tax
99 706
96 401
111 571
123 185
Living cost
34 346
34 346
34 346
34 346
Free-cash
65 360
62 055
77 225
88 839

Estimated living cost  is ₽34346 per week

₽22623
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2708
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽526
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8487
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽73975
₽55436
₽68493
₽69595
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
156 000
income
-
-
-
43 836
pensions
-
-
-
8 187
total
-
-
-
52 023
Employee
47 194
-
136 341
-
pensions
3 602
-
10 122
-
health
616
-
2 004
-
income
8 594
-
34 396
-
total
12 812
-
46 522
-
Employer
47 194
-
136 341
-
pensions
4 768
-
17 069
-
health
897
-
2 591
-
total
5 665
-
19 660
-
Corporate
103 141
156 000
-
-
income

It is proposed for this rate to fall to 17% from the financial year starting on 1 April, 2020. Also, where the taxable profits can be attributed to the exploitation of patents, a lower rate of 10% applies.

19 596
29 640
-
-
total
19 596
29 640
-
-
Dividends
83 545
126 360
-
-
withholding
9 570
23 485
-
-
total
9 570
23 485
-
-
Income
156 000
156 000
156 000
156 000
Total tax
47 643
53 125
66 182
52 023
After tax
108 357
102 875
89 818
103 977
Living cost
34 382
34 382
34 382
34 382
Free-cash
73 975
68 493
55 436
69 595

Estimated living cost  is ₽34382 per week

₽23586
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3162
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽430
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7202
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽9142
₽61513
-₽10148
₽83903
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
242
health
-
-
-
2 086
income
-
-
-
42 651
pensions
-
-
-
3 980
other
-
-
-
354
total
-
-
-
49 313
Employee
35 840
-
139 707
-
pensions
4 036
-
7 297
-
health
4 103
-
15 997
-
income
4 917
-
32 116
-
total
13 056
-
55 410
-
Employer
35 840
-
139 707
-
pensions
5 827
-
10 537
-
unemployment
878
-
3 423
-
accident
598
-
2 333
-
total
7 303
-
16 293
-
Corporate
112 857
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.

101 571
140 400
-
-
total
101 571
140 400
-
-
Dividends
11 286
15 600
-
-
withholding
2 144
2 964
-
-
total
2 144
2 964
-
-
Income
156 000
156 000
156 000
156 000
Total tax
124 074
143 364
71 703
49 313
After tax
31 926
12 636
84 297
106 687
Living cost
22 784
22 784
22 784
22 784
Free-cash
9 142
-10 148
61 513
83 903

Estimated living cost  is ₽22784 per week

₽16721
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1328
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽459
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4276
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽114050
₽96826
₽118482
₽76004
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
25 557
health insurance
-
-
-
11 207
pensions
-
-
-
27 866
unemployment
-
-
-
1 817
work injury
-
-
-
757
total
-
-
-
67 204
Employee

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

20 467
-
156 000
-
unemployment
246
-
909
-
pensions
3 766
-
13 933
-
work injury
102
-
379
-
income
2 047
-
25 557
-
health insurance
1 515
-
5 604
-
total
7 676
-
46 382
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
135 533
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%.

1 355
1 560
-
-
total
1 355
1 560
-
-
Dividends
134 178
154 440
-
-
withholding
20 127
23 166
-
-
total
20 127
23 166
-
-
Income
156 000
156 000
156 000
156 000
Total tax
29 158
24 726
46 382
67 204
After tax
126 842
131 274
109 618
88 796
Living cost
12 792
12 792
12 792
12 792
Free-cash
114 050
118 482
96 826
76 004

Estimated living cost  is ₽12792 per week

₽7925
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽930
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽399
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3538
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽40173
₽28793
₽44477
₽35642
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
municipal
-
-
-
1 043
regional
-
-
-
3 561
national
-
-
-
37 939
total
-
-
-
82 665
Employee
79 729
-
156 000
-
regional
1 204
-
3 159
-
municipal
476
-
930
-
national
13 474
-
32 822
-
social contributions
26 884
-
52 603
-
total
42 038
-
89 514
-
Employer
79 729
-
156 000
-
total
-
-
-
-
Corporate
76 271
156 000
-
-
municipal
3 675
7 520
-
-
nationa
18 305
37 440
-
-
total
21 980
44 960
-
-
Dividends
54 290
111 040
-
-
withholding
14 116
28 870
-
-
total
14 116
28 870
-
-
Income
156 000
156 000
156 000
156 000
Total tax
78 134
73 830
89 514
82 665
After tax
77 866
82 170
66 486
73 335
Living cost
37 693
37 693
37 693
37 693
Free-cash
40 173
44 477
28 793
35 642

Estimated living cost  is ₽37693 per week

₽26477
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2593
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.
₽8053
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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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