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
₽53118
₽70366
₽59489
₽48431
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
156 000
trade
-
-
-
17 248
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.

-
-
-
6 830
income

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

-
-
-
45 992
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.

-
-
-
2 529
total
-
-
-
72 599
Employee

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

38 240
-
156 000
-
surtax

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

59
-
2 529
-
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.

1 068
-
45 992
-
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.

6 830
-
6 830
-
total
7 957
-
55 351
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
117 760
156 000
-
-
trade
18 548
24 570
-
-
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.

971
1 286
-
-
income
17 664
23 399
-
-
chamber of commerce
321
376
-
-
total
37 504
49 631
-
-
Dividends
80 257
106 369
-
-
surtax

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

1 083
1 442
-
-
withholding
19 684
26 213
-
-
total
20 767
27 655
-
-
Income
156 000
156 000
156 000
156 000
Total tax
66 228
77 286
55 351
72 599
After tax
89 772
78 714
100 649
83 401
Living cost
30 283
30 283
30 283
30 283
Free-cash
59 489
48 431
70 366
53 118

Estimated living cost  is ₽30283 per week

₽19049
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3531
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽565
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7138
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽41931
₽43155
₽46056
₽46895
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
16 953
national
-
-
-
26 270
pensions
-
-
-
18 720
total
-
-
-
63 620
Employee
78 206
-
134 861
-
pensions
3 128
-
5 394
-
national
14 969
-
27 206
-
municipal
9 660
-
17 557
-
total
27 757
-
50 157
-
Employer
78 206
-
134 861
-
pensions
6 256
-
10 789
-
social contributions
841
-
1 450
-
total
7 097
-
12 239
-
Corporate
65 536
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%.

13 107
31 200
-
-
total
13 107
31 200
-
-
Dividends
52 428
124 800
-
-
withholding
11 534
27 456
-
-
total
11 534
27 456
-
-
Income
156 000
156 000
156 000
156 000
Total tax
59 495
58 656
62 396
63 620
After tax
96 505
97 344
93 604
92 380
Living cost
50 449
50 449
50 449
50 449
Free-cash
46 056
46 895
43 155
41 931

Estimated living cost  is ₽50449 per week

₽34290
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4690
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽755
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10715
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽31182
₽73483
₽95800
₽103999
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
38 306
income
-
-
-
25 932
microenterprise
-
-
-
-
surtax
-
-
-
39 780
total
-
-
-
104 018
Employee
29 214
-
113 135
-
income
5 200
-
22 019
-
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.

3 214
-
12 444
-
surtax
-
-
-
-
total
8 414
-
34 463
-
Employer
29 214
-
113 135
-
social contributions

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

7 037
-
27 254
-
surtax
-
-
-
-
total
7 037
-
27 254
-
Corporate
119 749
156 000
-
-
income

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

23 949
31 201
-
-
total
23 949
31 201
-
-
Dividends

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

95 799
124 799
-
-
total
-
-
-
-
Income
156 000
156 000
156 000
156 000
Total tax
39 400
31 201
61 717
104 018
After tax
116 600
124 799
94 283
51 982
Living cost
20 800
20 800
20 800
20 800
Free-cash
95 800
103 999
73 483
31 182

Estimated living cost  is ₽20800 per week

₽13270
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1981
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽472
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5077
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽45641
₽53399
₽28927
₽35052
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
12 329
income
-
-
-
44 434
pensions
-
-
-
11 714
total
-
-
-
68 477
Employee
85 378
85 378
137 420
-
income

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

13 975
13 975
18 096
-
pensions
15 368
11 714
11 714
-
health
13 105
11 147
12 329
-
total
42 448
36 836
42 139
-
Employer
85 378
85 378
137 420
-
pensions
5 942
5 942
7 386
-
health
5 935
5 935
7 375
-
unemployment
3 074
3 074
3 819
-
total
14 951
14 951
18 580
-
Corporate
56 719
55 672
-
-
income
11 344
11 135
-
-
total
11 344
11 135
-
-
Dividends
45 375
44 537
-
-
withholding
6 806
6 680
-
-
income
9 642
9 464
-
-
total
16 448
16 144
-
-
Income
156 000
156 000
156 000
156 000
Total tax
85 191
79 066
60 719
68 477
After tax
70 809
76 934
95 281
87 523
Living cost
41 882
41 882
41 882
41 882
Free-cash
28 927
35 052
53 399
45 641

Estimated living cost  is ₽41882 per week

₽29681
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3776
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽666
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7760
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽42500
₽41568
₽45858
₽46722
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
156 000
other
-
-
-
9 793
unemployment
-
-
-
84
accident
-
-
-
168
municipal
-
-
-
39 239
health
-
-
-
5 259
national
-
-
-
11 393
pensions
-
-
-
9 110
total
-
-
-
75 046
Employee
54 793
-
129 520
-
national
-
-
10 876
-
municipal
16 339
-
38 623
-
total
16 339
-
49 499
-
Employer
54 793
-
129 520
-
pensions
5 923
-
9 110
-
other
6 367
-
9 793
-
accident
110
-
168
-
health
3 370
-
5 183
-
unemployment
1 447
-
2 225
-
total
17 217
-
26 479
-
Corporate
83 991
156 000
-
-
income
18 478
34 320
-
-
total
18 478
34 320
-
-
Dividends
65 513
121 680
-
-
withholding
19 654
36 504
-
-
total
19 654
36 504
-
-
Income
156 000
156 000
156 000
156 000
Total tax
71 688
70 824
75 978
75 046
After tax
84 312
85 176
80 022
80 954
Living cost
38 454
38 454
38 454
38 454
Free-cash
45 858
46 722
41 568
42 500

Estimated living cost  is ₽38454 per week

₽25486
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3773
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽584
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8611
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽43358
₽61373
₽52682
₽38635
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
156 000
trade
-
-
-
18 015
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.

-
-
-
6 830
income

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

-
-
-
45 992
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.

-
-
-
2 529
total
-
-
-
73 366
Employee

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

50 701
-
156 000
-
surtax

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

239
-
2 529
-
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.

4 356
-
45 992
-
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.

6 830
-
6 830
-
total
11 425
-
55 351
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
105 299
156 000
-
-
trade
17 322
25 663
-
-
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.

869
1 286
-
-
income
15 795
23 399
-
-
chamber of commerce
302
374
-
-
total
34 288
50 722
-
-
Dividends
71 011
105 278
-
-
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.

956
1 427
-
-
withholding
17 373
25 940
-
-
total
18 329
27 367
-
-
Income
156 000
156 000
156 000
156 000
Total tax
64 042
78 089
55 351
73 366
After tax
91 958
77 911
100 649
82 634
Living cost
39 276
39 276
39 276
39 276
Free-cash
52 682
38 635
61 373
43 358

Estimated living cost  is ₽39276 per week

₽26268
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4142
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽586
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8280
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽75204
₽73778
₽77294
₽81440
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
16 176
health
-
-
-
3 979
income
-
-
-
28 213
total
-
-
-
48 368
Employee
76 879
76 879
144 717
-
income
8 073
7 117
27 444
-
social contributions
3 736
6 381
8 606
-
health
765
1 307
2 461
-
total
12 574
14 805
38 511
-
Employer
76 879
76 879
144 717
-
health
833
1 423
2 677
-
social contributions
3 736
6 381
8 606
-
total
4 569
7 804
11 283
-
Corporate
106 430
71 318
-
-
income
13 304
8 915
-
-
total
13 304
8 915
-
-
Dividends
93 126
62 402
-
-
withholding
15 831
10 608
-
-
total
15 831
10 608
-
-
Income
156 000
156 000
156 000
156 000
Total tax
46 278
42 132
49 794
48 368
After tax
109 722
113 868
106 206
107 632
Living cost
32 428
32 428
32 428
32 428
Free-cash
77 294
81 440
73 778
75 204

Estimated living cost  is ₽32428 per week

₽22168
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2533
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽545
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7183
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽89834
₽72200
₽69820
₽69441
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

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

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

The minimum wage is 138,000 HUF per month.

26 323
10 476
130 544
-
income
3 218
1 281
15 959
-
pensions
2 632
1 048
13 054
-
unemployment
395
157
1 958
-
health
1 843
733
9 138
-
total
8 088
3 219
40 109
-
Employer

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

The minimum wage is 138,000 HUF per month.

26 323
10 476
130 544
-
pensions
5 133
2 043
25 456
-
total
5 133
2 043
25 456
-
Corporate
124 544
143 481
-
-
income
11 209
12 913
-
-
total
11 209
12 913
-
-
Dividends
113 335
130 568
-
-
social contributions
21 981
25 341
-
-
withholding
21 534
24 808
-
-
total
43 515
50 149
-
-
Income
156 000
156 000
156 000
156 000
Total tax
67 945
68 324
65 565
47 931
After tax
88 055
87 676
90 435
108 069
Living cost
18 235
18 235
18 235
18 235
Free-cash
69 820
69 441
72 200
89 834

Estimated living cost  is ₽18235 per week

₽12444
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1492
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽364
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3935
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽59467
₽65768
₽94442
₽100650
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
20 904
pensions
-
-
-
31 201
total
-
-
-
72 385
Employee
28 362
-
116 592
-
income
3 193
-
22 479
-
pensions
567
-
2 332
-
unemployment
453
-
1 865
-
total
4 213
-
26 676
-
Employer
28 362
-
116 592
-
pensions
5 673
-
23 318
-
health
3 686
-
15 157
-
unemployment
228
-
933
-
total
9 587
-
39 408
-
Corporate
118 051
156 000
-
-
income
23 610
31 201
-
-
total
23 610
31 201
-
-
Dividends
94 441
124 799
-
-
total
-
-
-
-
Income
156 000
156 000
156 000
156 000
Total tax
37 410
31 201
66 084
72 385
After tax
118 590
124 799
89 916
83 615
Living cost
24 148
24 148
24 148
24 148
Free-cash
94 442
100 650
65 768
59 467

Estimated living cost  is ₽24148 per week

₽16563
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1438
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽486
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5661
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽84798
₽62139
₽9276
-₽9278
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
156 000
other
-
-
-
369
accident
-
-
-
252
health
-
-
-
2 172
income
-
-
-
42 350
pensions
-
-
-
4 145
total
-
-
-
49 288
Employee
34 472
-
139 287
-
income
4 729
-
31 687
-
pensions
3 882
-
7 600
-
health
3 947
-
15 948
-
total
12 558
-
55 235
-
Employer
34 472
-
139 287
-
pensions
5 605
-
10 974
-
accident
575
-
2 326
-
unemployment
845
-
3 412
-
total
7 025
-
16 712
-
Corporate
114 503
156 000
-
-
income

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

103 052
140 400
-
-
total
103 052
140 400
-
-
Dividends
11 450
15 600
-
-
withholding
2 175
2 964
-
-
total
2 175
2 964
-
-
Income
156 000
156 000
156 000
156 000
Total tax
124 810
143 364
71 947
49 288
After tax
31 190
12 636
84 053
106 712
Living cost
21 914
21 914
21 914
21 914
Free-cash
9 276
-9 278
62 139
84 798

Estimated living cost  is ₽21914 per week

₽16061
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1214
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽457
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4182
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽145429
₽115789
₽137500
₽139189
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
11 263
-
156 000
-
income
2 252
-
31 200
-
total
2 252
-
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%.

144 737
156 000
-
-
total
-
-
-
-
Dividends
144 737
156 000
-
-
withholding
7 237
7 800
-
-
total
7 237
7 800
-
-
Income
156 000
156 000
156 000
156 000
Total tax
9 489
7 800
31 200
1 560
After tax
146 511
148 200
124 800
154 440
Living cost
9 011
9 011
9 011
9 011
Free-cash
137 500
139 189
115 789
145 429

Estimated living cost  is ₽9011 per week

₽5584
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽749
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽248
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2430
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽56790
₽62257
₽81224
₽87973
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
156 000
other
-
-
-
7 221
health
-
-
-
6 690
income
-
-
-
22 170
pensions

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

-
-
-
36 489
total
-
-
-
72 570
Employee
36 301
-
124 602
-
income
6 250
-
23 991
-
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.

2 540
-
8 722
-
unemployment
362
-
1 247
-
health
508
-
1 744
-
total
9 660
-
35 704
-
Employer
36 301
-
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.

6 172
-
21 181
-
other
1 816
-
6 231
-
accident
290
-
996
-
health
508
-
1 744
-
unemployment
362
-
1 247
-
total
9 148
-
31 399
-
Corporate
110 550
156 000
-
-
income
23 215
32 760
-
-
total
23 215
32 760
-
-
Dividends
87 335
123 240
-
-
withholding
6 113
8 627
-
-
total
6 113
8 627
-
-
Income
156 000
156 000
156 000
156 000
Total tax
48 136
41 387
67 103
72 570
After tax
107 864
114 613
88 897
83 430
Living cost
26 640
26 640
26 640
26 640
Free-cash
81 224
87 973
62 257
56 790

Estimated living cost  is ₽26640 per week

₽18823
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1799
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽429
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5589
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽37772
₽23533
₽35801
₽37133
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
156 000
income
-
-
-
42 336
pensions
-
-
-
8 626
total
-
-
-
50 962
Employee
95 171
-
136 470
-
income
17 156
-
32 845
-
pensions
9 181
-
10 766
-
health
1 568
-
2 060
-
total
27 905
-
45 671
-
Employer
95 171
-
136 470
-
pensions
11 237
-
16 936
-
health
1 807
-
2 594
-
total
13 044
-
19 530
-
Corporate
47 784
156 000
-
-
income

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

9 080
29 640
-
-
total
9 080
29 640
-
-
Dividends
38 705
126 360
-
-
withholding
2 904
21 961
-
-
total
2 904
21 961
-
-
Income
156 000
156 000
156 000
156 000
Total tax
52 933
51 601
65 201
50 962
After tax
103 067
104 399
90 799
105 038
Living cost
67 266
67 266
67 266
67 266
Free-cash
35 801
37 133
23 533
37 772

Estimated living cost  is ₽67266 per week

₽50404
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽7903
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽547
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8413
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details

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
₽110162
₽116064
₽115624
₽120269
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
156 000
unemployment
-
-
-
140
health
-
-
-
4 017
income
-
-
-
23 400
pensions

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

-
-
-
5 170
total
-
-
-
32 727
Employee
17 361
-
149 147
-
income
1 736
-
14 914
-
pensions

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

1 524
-
3 067
-
health
799
-
1 607
-
accident

We are using the highest rate at 1.1%.

191
-
384
-
total
4 250
-
19 972
-
Employer
17 361
-
149 147
-
pensions

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

1 913
-
3 849
-
accident

We are using the highest rate at 1.1%.

191
-
384
-
health
1 198
-
2 410
-
unemployment
104
-
210
-
total
3 406
-
6 853
-
Corporate
135 232
156 000
-
-
income
13 523
15 600
-
-
total
13 523
15 600
-
-
Dividends
121 709
140 400
-
-
withholding
6 086
7 020
-
-
total
6 086
7 020
-
-
Income
156 000
156 000
156 000
156 000
Total tax
27 265
22 620
26 825
32 727
After tax
128 735
133 380
129 175
123 273
Living cost
13 111
13 111
13 111
13 111
Free-cash
115 624
120 269
116 064
110 162

Estimated living cost  is ₽13111 per week

₽7655
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽936
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽347
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4173
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽32083
₽39841
₽24009
₽21494
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
12 329
income
-
-
-
44 434
pensions
-
-
-
11 714
total
-
-
-
68 477
Employee
92 693
85 378
137 420
-
income

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

13 975
13 975
18 096
-
pensions
11 714
11 714
11 714
-
health
11 564
11 147
12 329
-
total
37 253
36 836
42 139
-
Employer
92 693
85 378
137 420
-
pensions
6 451
5 942
7 386
-
health
6 441
5 935
7 375
-
unemployment
3 337
3 074
3 819
-
total
16 229
14 951
18 580
-
Corporate
47 078
55 672
-
-
income
9 416
11 135
-
-
total
9 416
11 135
-
-
Dividends
37 662
44 537
-
-
withholding
5 650
6 680
-
-
income
8 003
9 464
-
-
total
13 653
16 144
-
-
Income
156 000
156 000
156 000
156 000
Total tax
76 551
79 066
60 719
68 477
After tax
79 449
76 934
95 281
87 523
Living cost
55 440
55 440
55 440
55 440
Free-cash
24 009
21 494
39 841
32 083

Estimated living cost  is ₽55440 per week

₽40896
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4952
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽636
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8957
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽61315
₽55152
₽74827
₽83393
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
34 554
health
-
-
-
21 060
income
-
-
-
15 058
solidarity contribution
-
-
-
-
total
-
-
-
70 672
Employee
35 313
-
116 418
-
income
4 238
-
13 970
-
solidarity contribution
-
-
-
-
social contributions
2 295
-
7 567
-
health
4 767
-
15 716
-
total
11 300
-
37 253
-
Employer
35 313
-
116 418
-
health
3 178
-
10 478
-
social contributions
8 828
-
29 104
-
total
12 006
-
39 582
-
Corporate
108 680
156 000
-
-
income
20 649
29 640
-
-
total
20 649
29 640
-
-
Dividends
88 031
126 360
-
-
withholding
13 205
18 954
-
-
total
13 205
18 954
-
-
Income
156 000
156 000
156 000
156 000
Total tax
57 160
48 594
76 835
70 672
After tax
98 840
107 406
79 165
85 328
Living cost
24 013
24 013
24 013
24 013
Free-cash
74 827
83 393
55 152
61 315

Estimated living cost  is ₽24013 per week

₽16680
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1708
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽472
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5153
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽33544
₽26468
₽35825
₽41044
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
40 124
municipal
-
-
-
928
national
-
-
-
37 397
regional
-
-
-
1 820
total
-
-
-
80 269
Employee
88 855
-
156 000
-
national
15 396
-
32 309
-
social contributions
29 962
-
52 604
-
municipal
471
-
827
-
regional
838
-
1 605
-
total
46 667
-
87 345
-
Employer
88 855
-
156 000
-
total
-
-
-
-
Corporate
67 145
156 000
-
-
nationa
16 116
37 441
-
-
municipal
2 618
6 085
-
-
total
18 734
43 526
-
-
Dividends
48 412
112 474
-
-
withholding
12 587
29 243
-
-
total
12 587
29 243
-
-
Income
156 000
156 000
156 000
156 000
Total tax
77 988
72 769
87 345
80 269
After tax
78 012
83 231
68 655
75 731
Living cost
42 187
42 187
42 187
42 187
Free-cash
35 825
41 044
26 468
33 544

Estimated living cost  is ₽42187 per week

₽29408
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2766
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽647
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9365
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽51970
₽46465
₽72953
₽76062
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
156 000
other
-
-
-
-
unemployment
-
-
-
228
health
-
-
-
9 473
income
-
-
-
39 786
surtax
-
-
-
5 794
pensions
-
-
-
26 687
total
-
-
-
81 968
Employee
33 062
-
128 873
-
income
5 542
-
34 568
-
pensions
2 205
-
8 597
-
unemployment
2 301
-
8 970
-
health
844
-
3 286
-
other
-
-
-
-
surtax
108
-
4 925
-
total
11 000
-
60 346
-
Employer
33 062
-
128 873
-
pensions
4 407
-
17 178
-
other
-
-
-
-
health
1 505
-
5 864
-
unemployment
1 047
-
4 085
-
total
6 959
-
27 127
-
Corporate
115 978
156 000
-
-
income
30 153
40 560
-
-
total
30 153
40 560
-
-
Dividends
85 825
115 440
-
-
withholding
12 873
17 316
-
-
total
12 873
17 316
-
-
Income
156 000
156 000
156 000
156 000
Total tax
60 985
57 876
87 473
81 968
After tax
95 015
98 124
68 527
74 032
Living cost
22 062
22 062
22 062
22 062
Free-cash
72 953
76 062
46 465
51 970

Estimated living cost  is ₽22062 per week

₽13490
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2036
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽508
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6028
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details

Source of data for Thessaloniki model

Close
Cambridge , United Kingdom
₽59084
₽44845
₽63014
₽58445
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
156 000
income
-
-
-
42 336
pensions
-
-
-
8 626
total
-
-
-
50 962
Employee
63 781
-
136 470
-
income
11 487
-
32 845
-
pensions
5 414
-
10 766
-
health
926
-
2 060
-
total
17 827
-
45 671
-
Employer
63 781
-
136 470
-
pensions
6 904
-
16 936
-
health
1 212
-
2 594
-
total
8 116
-
19 530
-
Corporate
84 103
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.

15 979
29 640
-
-
total
15 979
29 640
-
-
Dividends
68 124
126 360
-
-
withholding
5 110
21 961
-
-
total
5 110
21 961
-
-
Income
156 000
156 000
156 000
156 000
Total tax
47 032
51 601
65 201
50 962
After tax
108 968
104 399
90 799
105 038
Living cost
45 954
45 954
45 954
45 954
Free-cash
63 014
58 445
44 845
59 084

Estimated living cost  is ₽45954 per week

₽34429
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3444
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.
₽7600
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽51685
₽44102
₽28098
-₽4237
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
156 000
other

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

-
-
-
3 119
health
-
-
-
351
city
-
-
-
1 644
national
-
-
-
2 052
regional
-
-
-
7 223
pensions
-
-
-
14 352
total
-
-
-
28 741
Employee
88 441
-
139 628
-
pensions
7 430
-
11 730
-
national
419
-
1 691
-
unemployment
-
-
-
-
city
949
-
1 500
-
health
200
-
314
-
regional
2 896
-
6 252
-
total
11 894
-
21 487
-
Employer
88 441
-
139 628
-
pensions
7 430
-
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.

1 768
-
2 793
-
health
200
-
314
-
unemployment
-
-
-
-
total
9 398
-
14 837
-
Corporate
57 188
156 000
-
-
regional
12 094
32 993
-
-
national
4 860
13 259
-
-
total
16 954
46 252
-
-
Dividends
40 234
109 748
-
-
withholding
14 082
38 411
-
-
total
14 082
38 411
-
-
Income
156 000
156 000
156 000
156 000
Total tax
52 328
84 663
36 324
28 741
After tax
103 672
71 337
119 676
127 259
Living cost
75 574
75 574
75 574
75 574
Free-cash
28 098
-4 237
44 102
51 685

Estimated living cost  is ₽75574 per week

₽49145
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽6782
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽928
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽18719
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽36067
₽54848
₽47523
₽31310
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
156 000
trade
-
-
-
18 781
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.

-
-
-
6 830
income

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

-
-
-
45 992
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.

-
-
-
2 529
total
-
-
-
74 132
Employee

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

60 085
-
156 000
-
surtax

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

389
-
2 529
-
income

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

7 065
-
45 992
-
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.

6 830
-
6 830
-
total
14 284
-
55 351
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
95 915
156 000
-
-
trade
16 449
26 754
-
-
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.

791
1 286
-
-
income
14 387
23 399
-
-
chamber of commerce
286
372
-
-
total
31 913
51 811
-
-
Dividends
64 001
104 189
-
-
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.

859
1 412
-
-
withholding
15 620
25 666
-
-
total
16 479
27 078
-
-
Income
156 000
156 000
156 000
156 000
Total tax
62 676
78 889
55 351
74 132
After tax
93 324
77 111
100 649
81 868
Living cost
45 801
45 801
45 801
45 801
Free-cash
47 523
31 310
54 848
36 067

Estimated living cost  is ₽45801 per week

₽33451
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3664
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽596
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8092
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽54029
₽53767
₽50324
₽44419
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
156 000
other
-
-
-
4 836
social contributions
-
-
-
4 445
health
-
-
-
5 969
income
-
-
-
22 782
surtax
-
-
-
-
pensions
-
-
-
29 733
total
-
-
-
67 765
Employee
42 789
-
122 003
-
income
2 525
-
22 596
-
pensions
4 838
-
7 957
-
social contributions
1 220
-
3 476
-
surtax
-
-
-
-
total
8 583
-
34 029
-
Employer
42 789
-
122 003
-
pensions
7 029
-
13 490
-
other
1 476
-
4 535
-
health
2 996
-
10 666
-
unemployment
1 732
-
4 941
-
social contributions
129
-
366
-
total
13 362
-
33 998
-
Corporate
99 848
156 000
-
-
surtax
-
-
-
-
income
27 958
43 679
-
-
total
27 958
43 679
-
-
Dividends
71 890
112 321
-
-
surtax
-
-
-
-
social contributions
12 365
19 318
-
-
withholding
9 202
14 378
-
-
total
21 567
33 696
-
-
Income
156 000
156 000
156 000
156 000
Total tax
71 470
77 375
68 027
67 765
After tax
84 530
78 625
87 973
88 235
Living cost
34 206
34 206
34 206
34 206
Free-cash
50 324
44 419
53 767
54 029

Estimated living cost  is ₽34206 per week

₽21568
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2781
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽582
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9276
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽57418
₽57156
₽53364
₽47808
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
156 000
other
-
-
-
4 836
social contributions
-
-
-
4 445
health
-
-
-
5 969
income
-
-
-
22 782
surtax
-
-
-
-
pensions
-
-
-
29 733
total
-
-
-
67 765
Employee
38 195
-
122 003
-
income
1 969
-
22 596
-
pensions
4 320
-
7 957
-
social contributions
1 089
-
3 476
-
surtax
-
-
-
-
total
7 378
-
34 029
-
Employer
38 195
-
122 003
-
pensions
6 276
-
13 490
-
other
1 319
-
4 535
-
health
2 673
-
10 666
-
unemployment
1 546
-
4 941
-
social contributions
114
-
366
-
total
11 928
-
33 998
-
Corporate
105 876
156 000
-
-
surtax
-
-
-
-
income
29 645
43 679
-
-
total
29 645
43 679
-
-
Dividends
76 231
112 321
-
-
surtax
-
-
-
-
social contributions
13 110
19 318
-
-
withholding
9 758
14 378
-
-
total
22 868
33 696
-
-
Income
156 000
156 000
156 000
156 000
Total tax
71 819
77 375
68 027
67 765
After tax
84 181
78 625
87 973
88 235
Living cost
30 817
30 817
30 817
30 817
Free-cash
53 364
47 808
57 156
57 418

Estimated living cost  is ₽30817 per week

₽17872
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3131
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽584
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9230
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽78985
₽76357
₽74493
₽73975
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
23 399
total
-
-
-
55 815
Employee
33 899
-
156 000
-
income
5 654
-
26 027
-
social contributions
4 679
-
21 528
-
health
2 366
-
10 888
-
total
12 699
-
58 443
-
Employer
33 899
-
156 000
-
total
-
-
-
-
Corporate
122 101
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%.

6 105
7 800
-
-
total
6 105
7 800
-
-
Dividends
115 996
148 200
-
-
social contributions
16 007
20 451
-
-
health
8 096
10 344
-
-
withholding
17 400
22 230
-
-
total
41 503
53 025
-
-
Income
156 000
156 000
156 000
156 000
Total tax
60 307
60 825
58 443
55 815
After tax
95 693
95 175
97 557
100 185
Living cost
21 200
21 200
21 200
21 200
Free-cash
74 493
73 975
76 357
78 985

Estimated living cost  is ₽21200 per week

₽14188
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1307
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽488
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5216
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽44782
₽5607
₽49731
₽51280
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
156 000
chamber of commerce
-
-
-
624
unemployment
-
-
-
6 132
health
-
-
-
8 934
income
-
-
-
38 494
surtax
-
-
-
197
pensions
-
-
-
21 608
total
-
-
-
75 989
Employee
49 965
39 843
121 822
-
income
5 688
2 939
30 328
-
pensions
5 117
4 079
11 960
-
unemployment
1 499
1 195
3 504
-
health
1 933
1 542
4 519
-
other
499
398
1 169
-
total
14 736
10 153
51 480
-
Employer
49 965
39 843
121 822
-
pensions
6 271
5 001
14 658
-
other
2 373
1 892
5 743
-
accident
649
518
1 518
-
health
1 888
1 506
4 415
-
payroll
1 499
1 195
3 654
-
chamber of commerce
199
159
488
-
unemployment
1 499
1 195
3 504
-
surtax
197
197
197
-
total
14 575
11 663
34 177
-
Corporate
91 460
104 493
118 028
-
income

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

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

22 866
26 124
29 507
-
total
22 866
26 124
29 507
-
Dividends
68 594
78 369
-
-
withholding
18 863
21 551
-
-
total
18 863
21 551
-
-
Income
156 000
156 000
156 000
156 000
Total tax
71 040
69 491
115 164
75 989
After tax
84 960
86 509
40 836
80 011
Living cost
35 229
35 229
35 229
35 229
Free-cash
49 731
51 280
5 607
44 782

Estimated living cost  is ₽35229 per week

₽23496
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3005
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽579
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8149
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽31331
₽19592
₽35838
₽50833
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
156 000
social contributions
-
-
-
24 284
communal

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

-
-
-
7 902
national
-
-
-
56 029
total
-
-
-
88 215
Employee

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

71 515
-
120 826
-
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.

5 364
-
9 061
-
national
21 987
-
42 687
-
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.

622
-
1 051
-
communal

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

3 730
-
6 303
-
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.

3 360
-
5 679
-
total
35 063
-
64 781
-
Employer

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

71 515
-
120 826
-
pensions

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

6 337
-
10 704
-
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.

930
-
1 571
-
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.

4 398
-
7 432
-
unemployment

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

1 044
-
1 764
-
surtax
8 109
-
13 702
-
total
20 818
-
35 173
-
Corporate
63 668
156 000
-
-
surtax
254
624
-
-
income
12 733
31 201
-
-
total
12 987
31 825
-
-
Dividends
50 681
124 175
-
-
withholding

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

14 841
36 889
-
-
total
14 841
36 889
-
-
Income
156 000
156 000
156 000
156 000
Total tax
83 709
68 714
99 954
88 215
After tax
72 291
87 286
56 046
67 785
Living cost
36 454
36 454
36 454
36 454
Free-cash
35 838
50 833
19 592
31 331

Estimated living cost  is ₽36454 per week

₽23481
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3187
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽571
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9215
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽51667
₽47472
₽60910
₽68121
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
156 000
other
-
-
-
93
unemployment
-
-
-
649
accident
-
-
-
835
income
-
-
-
40 426
pensions
-
-
-
26 224
total
-
-
-
68 227
Employee
49 767
-
126 457
-
income
10 501
-
36 994
-
pensions
2 339
-
4 356
-
unemployment
772
-
1 436
-
other
49
-
93
-
total
13 661
-
42 879
-
Employer
49 767
-
126 457
-
pensions
11 744
-
21 870
-
other
397
-
742
-
accident
985
-
1 835
-
unemployment
2 738
-
5 096
-
total
15 864
-
29 543
-
Corporate
90 370
156 000
-
-
income

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

13 556
23 399
-
-
total
13 556
23 399
-
-
Dividends
76 814
132 601
-
-
withholding
15 903
28 374
-
-
total
15 903
28 374
-
-
Income
156 000
156 000
156 000
156 000
Total tax
58 984
51 773
72 422
68 227
After tax
97 016
104 227
83 578
87 773
Living cost
36 106
36 106
36 106
36 106
Free-cash
60 910
68 121
47 472
51 667

Estimated living cost  is ₽36106 per week

₽26588
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2561
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽520
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6436
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽25049
₽31267
₽26305
₽38091
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
156 000
accident
-
-
-
1 315
health
-
-
-
10 961
income
-
-
-
23 370
communal
-
-
-
9 858
surtax
-
-
-
7 733
pensions
-
-
-
23 382
total
-
-
-
76 619
Employee
75 713
-
139 348
-
income
7 313
-
27 861
-
pensions
6 056
-
11 148
-
health
3 370
-
6 200
-
surtax
4 641
-
8 540
-
total
21 380
-
53 749
-
Employer
75 713
-
139 348
-
pensions
6 056
-
11 148
-
accident
681
-
1 254
-
health
2 309
-
4 250
-
total
9 046
-
16 652
-
Corporate
71 241
156 000
-
-
communal
4 810
10 530
-
-
surtax
748
1 637
-
-
income
10 685
23 399
-
-
total
16 243
35 566
-
-
Dividends
54 998
120 434
-
-
withholding
8 249
18 066
-
-
income
20 445
9 945
-
-
total
28 694
28 011
-
-
Income
156 000
156 000
156 000
156 000
Total tax
75 363
63 577
70 401
76 619
After tax
80 637
92 423
85 599
79 381
Living cost
54 332
54 332
54 332
54 332
Free-cash
26 305
38 091
31 267
25 049

Estimated living cost  is ₽54332 per week

₽40757
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3292
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽575
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9706
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽51576
₽46071
₽72489
₽75668
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
156 000
other
-
-
-
-
unemployment
-
-
-
228
health
-
-
-
9 473
income
-
-
-
39 786
surtax
-
-
-
5 794
pensions
-
-
-
26 687
total
-
-
-
81 968
Employee
33 669
-
128 873
-
income
5 644
-
34 568
-
pensions
2 246
-
8 597
-
unemployment
2 343
-
8 970
-
health
859
-
3 286
-
other
-
-
-
-
surtax
120
-
4 925
-
total
11 212
-
60 346
-
Employer
33 669
-
128 873
-
pensions
4 489
-
17 178
-
other
-
-
-
-
health
1 531
-
5 864
-
unemployment
1 068
-
4 085
-
total
7 088
-
27 127
-
Corporate
115 243
156 000
-
-
income
29 964
40 560
-
-
total
29 964
40 560
-
-
Dividends
85 279
115 440
-
-
withholding
12 791
17 316
-
-
total
12 791
17 316
-
-
Income
156 000
156 000
156 000
156 000
Total tax
61 055
57 876
87 473
81 968
After tax
94 945
98 124
68 527
74 032
Living cost
22 456
22 456
22 456
22 456
Free-cash
72 489
75 668
46 071
51 576

Estimated living cost  is ₽22456 per week

₽13558
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1952
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽522
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6426
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽48267
₽41229
₽52846
₽55065
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
40 124
municipal
-
-
-
928
national
-
-
-
37 397
regional
-
-
-
2 352
total
-
-
-
80 801
Employee
55 460
-
156 000
-
national
8 786
-
32 309
-
social contributions
18 701
-
52 604
-
municipal
294
-
827
-
regional
747
-
2 099
-
total
28 528
-
87 839
-
Employer
55 460
-
156 000
-
total
-
-
-
-
Corporate
100 540
156 000
-
-
nationa
24 130
37 441
-
-
municipal
4 997
7 752
-
-
total
29 127
45 193
-
-
Dividends
71 413
110 807
-
-
withholding
18 567
28 810
-
-
total
18 567
28 810
-
-
Income
156 000
156 000
156 000
156 000
Total tax
76 222
74 003
87 839
80 801
After tax
79 778
81 997
68 161
75 199
Living cost
26 932
26 932
26 932
26 932
Free-cash
52 846
55 065
41 229
48 267

Estimated living cost  is ₽26932 per week

₽16749
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2728
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.
₽6993
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽55738
₽49575
₽67260
₽77816
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
34 554
health
-
-
-
21 060
income
-
-
-
15 058
solidarity contribution
-
-
-
-
total
-
-
-
70 672
Employee
43 515
-
116 418
-
income
5 222
-
13 970
-
solidarity contribution
-
-
-
-
social contributions
2 828
-
7 567
-
health
5 875
-
15 716
-
total
13 925
-
37 253
-
Employer
43 515
-
116 418
-
health
3 916
-
10 478
-
social contributions
10 879
-
29 104
-
total
14 795
-
39 582
-
Corporate
97 690
156 000
-
-
income
18 561
29 640
-
-
total
18 561
29 640
-
-
Dividends
79 129
126 360
-
-
withholding
11 869
18 954
-
-
total
11 869
18 954
-
-
Income
156 000
156 000
156 000
156 000
Total tax
59 150
48 594
76 835
70 672
After tax
96 850
107 406
79 165
85 328
Living cost
29 590
29 590
29 590
29 590
Free-cash
67 260
77 816
49 575
55 738

Estimated living cost  is ₽29590 per week

₽22005
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1639
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽512
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5434
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽48311
₽8999
₽54222
₽54718
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
156 000
chamber of commerce
-
-
-
624
unemployment
-
-
-
6 132
health
-
-
-
8 934
income
-
-
-
38 494
surtax
-
-
-
-
pensions
-
-
-
21 608
total
-
-
-
75 792
Employee
43 704
39 843
122 006
-
income
3 893
2 939
30 406
-
pensions
4 476
4 079
11 960
-
unemployment
1 311
1 195
3 504
-
health
1 690
1 542
4 519
-
other
436
398
1 169
-
total
11 806
10 153
51 558
-
Employer
43 704
39 843
122 006
-
pensions
5 485
5 001
14 658
-
other
2 076
1 892
5 751
-
accident
567
518
1 518
-
health
1 653
1 506
4 415
-
payroll
1 311
1 195
3 660
-
chamber of commerce
175
159
488
-
unemployment
1 311
1 195
3 504
-
surtax
-
-
-
-
total
12 578
11 466
33 994
-
Corporate
99 719
104 690
118 212
-
income

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

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

24 930
26 173
29 552
-
total
24 930
26 173
29 552
-
Dividends
74 789
78 517
-
-
withholding
20 567
21 593
-
-
total
20 567
21 593
-
-
Income
156 000
156 000
156 000
156 000
Total tax
69 881
69 385
115 104
75 792
After tax
86 119
86 615
40 896
80 208
Living cost
31 897
31 897
31 897
31 897
Free-cash
54 222
54 718
8 999
48 311

Estimated living cost  is ₽31897 per week

₽19134
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3258
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.
₽8936
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽140398
₽110758
₽131524
₽134158
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
17 552
-
156 000
-
income
3 511
-
31 200
-
total
3 511
-
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%.

138 448
156 000
-
-
total
-
-
-
-
Dividends
138 448
156 000
-
-
withholding
6 923
7 800
-
-
total
6 923
7 800
-
-
Income
156 000
156 000
156 000
156 000
Total tax
10 434
7 800
31 200
1 560
After tax
145 566
148 200
124 800
154 440
Living cost
14 042
14 042
14 042
14 042
Free-cash
131 524
134 158
110 758
140 398

Estimated living cost  is ₽14042 per week

₽9502
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽589
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽471
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3479
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽50396
₽46262
₽72226
₽80591
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

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

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

-
-
-
156 000
unemployment
-
-
-
233
health
-
-
-
15 349
income
-
-
-
34 716
pensions
-
-
-
28 490
total
-
-
-
78 788
Employee

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

44 211
-
134 984
-
income
7 624
-
32 073
-
pensions
6 853
-
20 923
-
unemployment
63
-
190
-
health
2 855
-
8 720
-
total
17 395
-
61 906
-
Employer

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

44 211
-
134 984
-
pensions
3 912
-
11 945
-
health
2 945
-
8 989
-
unemployment
27
-
82
-
total
6 884
-
21 016
-
Corporate
104 906
156 000
-
-
income
19 933
29 639
-
-
total
19 933
29 639
-
-
Dividends
84 973
126 361
-
-
withholding
12 746
18 954
-
-
total
12 746
18 954
-
-
Income
156 000
156 000
156 000
156 000
Total tax
56 958
48 593
82 922
78 788
After tax
99 042
107 407
73 078
77 212
Living cost
26 816
26 816
26 816
26 816
Free-cash
72 226
80 591
46 262
50 396

Estimated living cost  is ₽26816 per week

₽18404
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1719
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽520
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6176
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽64760
₽99826
₽4403
₽51861
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
156 000
social contributions
-
-
-
17 784
income
-
-
-
30 407
total
-
-
-
48 191
Employee
61 727
-
-
-
income
13 616
-
-
-
social contributions
5 062
-
721
-
total
18 678
-
721
-
Employer
61 727
-
-
-
social contributions
87 035
-
12 404
-
total
87 035
-
12 404
-
Corporate
7 238
156 000
-
-
income
1 593
34 320
-
-
total
1 593
34 320
-
-
Dividends
5 646
121 680
-
-
income
1 242
26 770
-
-
total
1 242
26 770
-
-
Income
156 000
156 000
156 000
156 000
Total tax
108 548
61 090
13 125
48 191
After tax
47 452
94 910
142 875
107 809
Living cost
43 049
43 049
43 049
43 049
Free-cash
4 403
51 861
99 826
64 760

Estimated living cost  is ₽43049 per week

₽27932
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4049
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽549
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10520
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽52906
₽41648
₽56367
₽57372
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
54 209
income
-
-
-
17 525
surtax
-
-
-
-
total
-
-
-
71 734
Employee
45 982
-
126 061
-
income
9 564
-
39 186
-
social contributions
5 058
-
13 867
-
surtax
-
-
-
-
total
14 622
-
53 053
-
Employer
45 982
-
126 061
-
social contributions
10 921
-
29 939
-
total
10 921
-
29 939
-
Corporate
99 097
156 000
-
-
surtax
-
-
-
-
income
20 811
32 760
-
-
total
20 811
32 760
-
-
Dividends
78 286
123 240
-
-
withholding
21 919
34 508
-
-
total
21 919
34 508
-
-
Income
156 000
156 000
156 000
156 000
Total tax
68 273
67 268
82 992
71 734
After tax
87 727
88 732
73 008
84 266
Living cost
31 360
31 360
31 360
31 360
Free-cash
56 367
57 372
41 648
52 906

Estimated living cost  is ₽31360 per week

₽23464
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1850
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽524
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5523
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽39947
₽39685
₽37208
₽30337
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
156 000
other
-
-
-
4 836
social contributions
-
-
-
4 445
health
-
-
-
5 969
income
-
-
-
22 782
surtax
-
-
-
-
pensions
-
-
-
29 733
total
-
-
-
67 765
Employee
62 618
-
122 003
-
income
5 464
-
22 596
-
pensions
7 083
-
7 957
-
social contributions
1 783
-
3 476
-
surtax
-
-
-
-
total
14 330
-
34 029
-
Employer
62 618
-
122 003
-
pensions
10 289
-
13 490
-
other
2 161
-
4 535
-
health
4 383
-
10 666
-
unemployment
2 537
-
4 941
-
social contributions
188
-
366
-
total
19 558
-
33 998
-
Corporate
73 824
156 000
-
-
surtax
-
-
-
-
income
20 671
43 679
-
-
total
20 671
43 679
-
-
Dividends
53 153
112 321
-
-
surtax
-
-
-
-
social contributions
9 141
19 318
-
-
withholding
6 804
14 378
-
-
total
15 945
33 696
-
-
Income
156 000
156 000
156 000
156 000
Total tax
70 504
77 375
68 027
67 765
After tax
85 496
78 625
87 973
88 235
Living cost
48 288
48 288
48 288
48 288
Free-cash
37 208
30 337
39 685
39 947

Estimated living cost  is ₽48288 per week

₽32681
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3950
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽662
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10995
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽85531
₽89674
₽106988
₽110348
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
34 320
income
-
-
-
6 096
total
-
-
-
40 416
Employee
32 142
-
135 065
-
social contributions
2 089
-
8 781
-
income
-
-
6 557
-
total
2 089
-
15 338
-
Employer
32 142
-
135 065
-
social contributions
4 982
-
20 935
-
total
4 982
-
20 935
-
Corporate
118 876
156 000
-
-
income
11 888
15 599
-
-
total
11 888
15 599
-
-
Dividends
106 987
140 401
-
-
total
-
-
-
-
Income
156 000
156 000
156 000
156 000
Total tax
18 959
15 599
36 273
40 416
After tax
137 041
140 401
119 727
115 584
Living cost
30 053
30 053
30 053
30 053
Free-cash
106 988
110 348
89 674
85 531

Estimated living cost  is ₽30053 per week

₽19432
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2265
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽565
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7790
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽45000
-₽61925
-₽61925
-₽61925
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
31 896
national
-
-
-
17 655
labour market
-
-
-
12 411
pensions
-
-
-
867
total
-
-
-
62 829
Employee
203 317
203 317
203 317
-
labour market
16 242
16 242
16 242
-
pensions
289
289
289
-
national
24 839
24 839
24 839
-
municipal
43 295
43 295
43 295
-
total
84 665
84 665
84 665
-
Employer
203 317
203 317
203 317
-
pensions
578
578
578
-
municipal
43 364
43 364
43 364
-
national
24 882
24 882
24 882
-
labour market
16 265
16 265
16 265
-
total
85 089
85 089
85 089
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
156 000
156 000
156 000
156 000
Total tax
169 754
169 754
169 754
62 829
After tax
-13 754
-13 754
-13 754
93 171
Living cost
48 171
48 171
48 171
48 171
Free-cash
-61 925
-61 925
-61 925
45 000

Estimated living cost  is ₽48171 per week

₽32969
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4261
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽741
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10200
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽85121
₽62462
₽9325
-₽8955
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
156 000
other
-
-
-
369
accident
-
-
-
252
health
-
-
-
2 172
income
-
-
-
42 350
pensions
-
-
-
4 145
total
-
-
-
49 288
Employee
33 964
-
139 287
-
income
4 659
-
31 687
-
pensions
3 825
-
7 600
-
health
3 889
-
15 948
-
total
12 373
-
55 235
-
Employer
33 964
-
139 287
-
pensions
5 522
-
10 974
-
accident
567
-
2 326
-
unemployment
832
-
3 412
-
total
6 921
-
16 712
-
Corporate
115 114
156 000
-
-
income

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

103 603
140 400
-
-
total
103 603
140 400
-
-
Dividends
11 511
15 600
-
-
withholding
2 187
2 964
-
-
total
2 187
2 964
-
-
Income
156 000
156 000
156 000
156 000
Total tax
125 084
143 364
71 947
49 288
After tax
30 916
12 636
84 053
106 712
Living cost
21 591
21 591
21 591
21 591
Free-cash
9 325
-8 955
62 462
85 121

Estimated living cost  is ₽21591 per week

₽15716
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1231
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽405
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4239
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽65155
₽44730
₽62647
₽60616
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
156 000
municipal
-
-
-
27 723
health
-
-
-
1 985
national
-
-
-
22 753
total
-
-
-
52 461
Employee
52 601
-
131 235
-
pensions
3 550
-
8 858
-
national
869
-
14 307
-
municipal
8 616
-
21 384
-
unemployment
789
-
1 969
-
health
393
-
1 603
-
total
14 217
-
48 121
-
Employer
52 601
-
131 235
-
pensions
9 126
-
22 769
-
accident
53
-
131
-
health
404
-
1 011
-
unemployment
342
-
854
-
total
9 925
-
24 765
-
Corporate
93 475
156 000
-
-
income
18 696
31 201
-
-
total
18 696
31 201
-
-
Dividends

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

56 084
93 599
-
-
municipal
10 095
16 848
-
-
national
2 036
8 951
-
-
total
12 131
25 799
-
-
Income
156 000
156 000
156 000
156 000
Total tax
54 969
57 000
72 886
52 461
After tax
101 031
99 000
83 114
103 539
Living cost
38 384
38 384
38 384
38 384
Free-cash
62 647
60 616
44 730
65 155

Estimated living cost  is ₽38384 per week

₽25073
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3692
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽611
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9010
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

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
₽84484
₽83058
₽85281
₽90720
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
16 176
health
-
-
-
3 979
income
-
-
-
28 213
total
-
-
-
48 368
Employee
76 879
76 879
144 717
-
income
8 371
7 117
27 444
-
social contributions
2 907
6 381
8 606
-
health
596
1 307
2 461
-
total
11 874
14 805
38 511
-
Employer
76 879
76 879
144 717
-
health
647
1 423
2 677
-
social contributions
2 907
6 381
8 606
-
total
3 554
7 804
11 283
-
Corporate
117 425
71 318
-
-
income
14 677
8 915
-
-
total
14 677
8 915
-
-
Dividends
102 748
62 402
-
-
withholding
17 466
10 608
-
-
total
17 466
10 608
-
-
Income
156 000
156 000
156 000
156 000
Total tax
47 571
42 132
49 794
48 368
After tax
108 429
113 868
106 206
107 632
Living cost
23 148
23 148
23 148
23 148
Free-cash
85 281
90 720
83 058
84 484

Estimated living cost  is ₽23148 per week

₽13873
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2271
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽512
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6492
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽114414
₽94360
₽108223
₽113310
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

  • up to €9,000.00, 60% of the average monthly wage in Montenegro
  • up to €15,000.00, 100% of the average monthly wage in Montenegro
  • in excess of €15,000, 150% of the average monthly wage in Montenegro
-
-
-
156 000
unemployment
-
-
-
28
health
-
-
-
3 618
income
-
-
-
15 706
pensions
-
-
-
6 360
total
-
-
-
25 712
Employee

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

22 948
-
146 229
-
income
1 569
-
13 228
-
pensions
3 442
-
14 230
-
unemployment
114
-
474
-
health
1 950
-
8 063
-
total
7 075
-
35 995
-
Employer

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

22 948
-
146 229
-
pensions
1 262
-
5 218
-
health
987
-
4 079
-
unemployment
114
-
474
-
total
2 363
-
9 771
-
Corporate
130 689
156 000
-
-
income
11 761
14 040
-
-
total
11 761
14 040
-
-
Dividends
118 928
141 960
-
-
withholding
10 704
12 776
-
-
total
10 704
12 776
-
-
Income
156 000
156 000
156 000
156 000
Total tax
31 903
26 816
45 766
25 712
After tax
124 097
129 184
110 234
130 288
Living cost
15 874
15 874
15 874
15 874
Free-cash
108 223
113 310
94 360
114 414

Estimated living cost  is ₽15874 per week

₽10128
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1144
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽472
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4128
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽60280
₽56085
₽72244
₽76734
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
156 000
other
-
-
-
93
unemployment
-
-
-
649
accident
-
-
-
835
income
-
-
-
40 426
pensions
-
-
-
26 224
total
-
-
-
68 227
Employee
36 968
-
126 457
-
income
7 127
-
36 994
-
pensions
1 738
-
4 356
-
unemployment
573
-
1 436
-
other
36
-
93
-
total
9 474
-
42 879
-
Employer
36 968
-
126 457
-
pensions
8 724
-
21 870
-
other
296
-
742
-
accident
732
-
1 835
-
unemployment
2 034
-
5 096
-
total
11 786
-
29 543
-
Corporate
107 246
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.

16 087
23 399
-
-
total
16 087
23 399
-
-
Dividends
91 159
132 601
-
-
withholding
18 916
28 374
-
-
total
18 916
28 374
-
-
Income
156 000
156 000
156 000
156 000
Total tax
56 263
51 773
72 422
68 227
After tax
99 737
104 227
83 578
87 773
Living cost
27 493
27 493
27 493
27 493
Free-cash
72 244
76 734
56 085
60 280

Estimated living cost  is ₽27493 per week

₽18557
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2643
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽482
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5811
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽97054
₽96858
₽94156
₽94606
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
1 448
income
-
-
-
52 763
pensions
-
-
-
1 997
total
-
-
-
56 208
Employee
4 171
-
153 753
-
income
807
-
52 658
-
pensions
375
-
899
-
unemployment
42
-
100
-
health
209
-
499
-
total
1 433
-
54 156
-
Employer
4 171
-
153 753
-
pensions
459
-
1 099
-
health
396
-
949
-
unemployment
83
-
200
-
total
938
-
2 248
-
Corporate
150 891
156 000
-
-
income
33 196
34 320
-
-
total
33 196
34 320
-
-
Dividends
117 695
121 680
-
-
withholding
23 539
24 336
-
-
total
23 539
24 336
-
-
Income
156 000
156 000
156 000
156 000
Total tax
59 106
58 656
56 404
56 208
After tax
96 894
97 344
99 596
99 792
Living cost
2 738
2 738
2 738
2 738
Free-cash
94 156
94 606
96 858
97 054

Estimated living cost  is ₽2738 per week

₽1627
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽222
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽63
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽826
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽75950
₽75950
₽90497
₽95417
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

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

-
-
-
156 000
unemployment
-
-
-
1 108
health
-
-
-
7 612
income
-
-
-
34 823
pensions
-
-
-
19 214
total
-
-
-
62 757
Employee

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

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

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

26 076
-
142 772
-
income
3 594
-
34 823
-
pensions
3 651
-
10 346
-
unemployment
196
-
554
-
health
1 343
-
3 806
-
total
8 784
-
49 529
-
Employer

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

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

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

26 076
-
142 772
-
pensions
3 129
-
8 868
-
health
1 343
-
3 806
-
unemployment
196
-
554
-
total
4 668
-
13 228
-
Corporate
125 256
156 000
-
-
income
18 788
23 400
-
-
total
18 788
23 400
-
-
Dividends
106 468
132 600
-
-
withholding
15 970
19 890
-
-
total
15 970
19 890
-
-
Income
156 000
156 000
156 000
156 000
Total tax
48 210
43 290
62 757
62 757
After tax
107 790
112 710
93 243
93 243
Living cost
17 293
17 293
17 293
17 293
Free-cash
90 497
95 417
75 950
75 950

Estimated living cost  is ₽17293 per week

₽11643
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1338
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.
₽3811
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽57312
₽46055
₽61420
₽61778
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
54 209
income
-
-
-
17 525
surtax
-
-
-
-
total
-
-
-
71 734
Employee
38 804
-
126 061
-
income
7 582
-
39 186
-
social contributions
4 269
-
13 867
-
surtax
-
-
-
-
total
11 851
-
53 053
-
Employer
38 804
-
126 061
-
social contributions
9 215
-
29 939
-
total
9 215
-
29 939
-
Corporate
107 981
156 000
-
-
surtax
-
-
-
-
income
22 676
32 760
-
-
total
22 676
32 760
-
-
Dividends
85 305
123 240
-
-
withholding
23 885
34 508
-
-
total
23 885
34 508
-
-
Income
156 000
156 000
156 000
156 000
Total tax
67 627
67 268
82 992
71 734
After tax
88 373
88 732
73 008
84 266
Living cost
26 954
26 954
26 954
26 954
Free-cash
61 420
61 778
46 055
57 312

Estimated living cost  is ₽26954 per week

₽19090
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1873
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽478
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5513
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽52636
₽48441
₽62220
₽69090
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
156 000
other
-
-
-
93
unemployment
-
-
-
649
accident
-
-
-
835
income
-
-
-
40 426
pensions
-
-
-
26 224
total
-
-
-
68 227
Employee
48 285
-
126 457
-
income
10 085
-
36 994
-
pensions
2 269
-
4 356
-
unemployment
748
-
1 436
-
other
47
-
93
-
total
13 149
-
42 879
-
Employer
48 285
-
126 457
-
pensions
11 395
-
21 870
-
other
387
-
742
-
accident
956
-
1 835
-
unemployment
2 656
-
5 096
-
total
15 394
-
29 543
-
Corporate
92 320
156 000
-
-
income

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

13 848
23 399
-
-
total
13 848
23 399
-
-
Dividends
78 472
132 601
-
-
withholding
16 252
28 374
-
-
total
16 252
28 374
-
-
Income
156 000
156 000
156 000
156 000
Total tax
58 643
51 773
72 422
68 227
After tax
97 357
104 227
83 578
87 773
Living cost
35 137
35 137
35 137
35 137
Free-cash
62 220
69 090
48 441
52 636

Estimated living cost  is ₽35137 per week

₽25234
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2732
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽495
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6677
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽106070
₽111972
₽110083
₽116177
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
156 000
unemployment
-
-
-
140
health
-
-
-
4 017
income
-
-
-
23 400
pensions

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

-
-
-
5 170
total
-
-
-
32 727
Employee
22 779
-
149 147
-
income
2 278
-
14 914
-
pensions

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

2 000
-
3 067
-
health
1 048
-
1 607
-
accident

We are using the highest rate at 1.1%.

250
-
384
-
total
5 576
-
19 972
-
Employer
22 779
-
149 147
-
pensions

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

2 510
-
3 849
-
accident

We are using the highest rate at 1.1%.

250
-
384
-
health
1 572
-
2 410
-
unemployment
137
-
210
-
total
4 469
-
6 853
-
Corporate
128 752
156 000
-
-
income
12 875
15 600
-
-
total
12 875
15 600
-
-
Dividends
115 877
140 400
-
-
withholding
5 794
7 020
-
-
total
5 794
7 020
-
-
Income
156 000
156 000
156 000
156 000
Total tax
28 714
22 620
26 825
32 727
After tax
127 286
133 380
129 175
123 273
Living cost
17 203
17 203
17 203
17 203
Free-cash
110 083
116 177
111 972
106 070

Estimated living cost  is ₽17203 per week

₽11378
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽985
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽410
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4430
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽46335
₽62050
₽54798
₽41720
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
156 000
trade
-
-
-
15 715
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.

-
-
-
6 830
income

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

-
-
-
45 992
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.

-
-
-
2 529
total
-
-
-
71 066
Employee

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

49 746
-
156 000
-
surtax

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

226
-
2 529
-
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.

4 091
-
45 992
-
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.

6 830
-
6 830
-
total
11 147
-
55 351
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
106 254
156 000
-
-
trade
15 248
22 386
-
-
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.

877
1 286
-
-
income
15 939
23 399
-
-
chamber of commerce
307
381
-
-
total
32 371
47 452
-
-
Dividends
73 883
108 547
-
-
surtax

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

994
1 472
-
-
withholding
18 091
26 757
-
-
total
19 085
28 229
-
-
Income
156 000
156 000
156 000
156 000
Total tax
62 603
75 681
55 351
71 066
After tax
93 397
80 319
100 649
84 934
Living cost
38 599
38 599
38 599
38 599
Free-cash
54 798
41 720
62 050
46 335

Estimated living cost  is ₽38599 per week

₽26626
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4153
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽560
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7259
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽27613
₽27613
₽54455
₽52248
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
25 561
income
-
-
-
45 874
total
-
-
-
71 435
Employee
78 205
-
156 000
-
social contributions
6 497
-
25 561
-
income
14 757
-
45 874
-
total
21 254
-
71 435
-
Employer
78 205
-
156 000
-
total
-
-
-
-
Corporate
77 795
156 000
-
-
income
9 724
19 500
-
-
total
9 724
19 500
-
-
Dividends
68 071
136 500
-
-
withholding
13 615
27 300
-
-
total
13 615
27 300
-
-
Income
156 000
156 000
156 000
156 000
Total tax
44 593
46 800
71 435
71 435
After tax
111 407
109 200
84 565
84 565
Living cost
56 952
56 952
56 952
56 952
Free-cash
54 455
52 248
27 613
27 613

Estimated living cost  is ₽56952 per week

₽43328
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4641
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽545
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8439
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽84572
₽75854
₽63319
₽59826
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

We use The Residence Programme or The Global Residence Programme.

-
-
-
156 000
health

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

-
-
-
6 677
income
-
-
-
28 459
total
-
-
-
35 136
Employee
45 864
-
151 401
-
social contributions
4 595
-
4 599
-
income
4 977
-
34 656
-
total
9 572
-
39 255
-
Employer
45 864
-
151 401
-
social contributions
4 595
-
4 599
-
total
4 595
-
4 599
-
Corporate
105 541
156 000
-
-
income
36 940
54 600
-
-
total
36 940
54 600
-
-
Dividends
68 600
101 400
-
-
social contributions
5 282
5 282
-
-
total
5 282
5 282
-
-
Income
156 000
156 000
156 000
156 000
Total tax
56 389
59 882
43 854
35 136
After tax
99 611
96 118
112 146
120 864
Living cost
36 292
36 292
36 292
36 292
Free-cash
63 319
59 826
75 854
84 572

Estimated living cost  is ₽36292 per week

₽23906
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2861
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽556
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8968
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽67679
₽53440
₽72994
₽67040
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
156 000
income
-
-
-
42 336
pensions
-
-
-
8 626
total
-
-
-
50 962
Employee
51 281
-
136 470
-
income
9 339
-
32 845
-
pensions
3 914
-
10 766
-
health
669
-
2 060
-
total
13 922
-
45 671
-
Employer
51 281
-
136 470
-
pensions
5 181
-
16 936
-
health
975
-
2 594
-
total
6 156
-
19 530
-
Corporate
98 563
156 000
-
-
income

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

18 726
29 640
-
-
total
18 726
29 640
-
-
Dividends
79 837
126 360
-
-
withholding
6 843
21 961
-
-
total
6 843
21 961
-
-
Income
156 000
156 000
156 000
156 000
Total tax
45 647
51 601
65 201
50 962
After tax
110 353
104 399
90 799
105 038
Living cost
37 359
37 359
37 359
37 359
Free-cash
72 994
67 040
53 440
67 679

Estimated living cost  is ₽37359 per week

₽25628
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3436
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽467
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7826
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽82984
₽60325
₽8997
-₽11092
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
156 000
other
-
-
-
369
accident
-
-
-
252
health
-
-
-
2 172
income
-
-
-
42 350
pensions
-
-
-
4 145
total
-
-
-
49 288
Employee
37 326
-
139 287
-
income
5 121
-
31 687
-
pensions
4 203
-
7 600
-
health
4 274
-
15 948
-
total
13 598
-
55 235
-
Employer
37 326
-
139 287
-
pensions
6 069
-
10 974
-
accident
623
-
2 326
-
unemployment
914
-
3 412
-
total
7 606
-
16 712
-
Corporate
111 068
156 000
-
-
income

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

99 961
140 400
-
-
total
99 961
140 400
-
-
Dividends
11 107
15 600
-
-
withholding
2 110
2 964
-
-
total
2 110
2 964
-
-
Income
156 000
156 000
156 000
156 000
Total tax
123 275
143 364
71 947
49 288
After tax
32 725
12 636
84 053
106 712
Living cost
23 728
23 728
23 728
23 728
Free-cash
8 997
-11 092
60 325
82 984

Estimated living cost  is ₽23728 per week

₽17414
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1383
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽478
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4454
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽74182
₽95103
₽113097
₽117773
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
work injury
-
-
-
780
unemployment
-
-
-
1 872
income
-
-
-
25 417
health insurance
-
-
-
11 544
pensions
-
-
-
28 704
total
-
-
-
68 317
Employee

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

21 601
-
156 000
-
income
2 160
-
25 417
-
work injury
108
-
400
-
pensions
3 975
-
14 706
-
unemployment
259
-
959
-
health insurance
1 598
-
5 914
-
total
8 100
-
47 396
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
134 399
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%.

1 344
1 560
-
-
total
1 344
1 560
-
-
Dividends
133 055
154 440
-
-
withholding
19 958
23 166
-
-
total
19 958
23 166
-
-
Income
156 000
156 000
156 000
156 000
Total tax
29 402
24 726
47 396
68 317
After tax
126 598
131 274
108 604
87 683
Living cost
13 501
13 501
13 501
13 501
Free-cash
113 097
117 773
95 103
74 182

Estimated living cost  is ₽13501 per week

₽8364
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽981
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽421
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3735
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽34055
₽27187
₽37793
₽42340
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
40 124
municipal
-
-
-
1 044
national
-
-
-
37 397
regional
-
-
-
3 551
total
-
-
-
82 116
Employee
84 248
-
156 000
-
national
14 237
-
32 309
-
social contributions
28 408
-
52 604
-
municipal
503
-
930
-
regional
1 272
-
3 141
-
total
44 420
-
88 984
-
Employer
84 248
-
156 000
-
total
-
-
-
-
Corporate
71 752
156 000
-
-
nationa
17 220
37 441
-
-
municipal
3 459
7 519
-
-
total
20 679
44 960
-
-
Dividends
51 073
111 040
-
-
withholding
13 279
28 871
-
-
total
13 279
28 871
-
-
Income
156 000
156 000
156 000
156 000
Total tax
78 378
73 831
88 984
82 116
After tax
77 622
82 169
67 016
73 884
Living cost
39 829
39 829
39 829
39 829
Free-cash
37 793
42 340
27 187
34 055

Estimated living cost  is ₽39829 per week

₽27977
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2740
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.
₽8509
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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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