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
₽50414
₽71458
₽53724
₽60742
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
156 000
income

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

-
-
-
47 283
surtax

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

-
-
-
2 601
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.

-
-
-
6 378
trade
-
-
-
17 734
total
-
-
-
73 996
Employee

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

35 710
-
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.

55
-
2 601
-
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.

998
-
47 283
-
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.

6 378
-
6 378
-
total
7 431
-
56 262
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
120 290
156 000
-
-
income
18 044
23 400
-
-
surtax

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

992
1 286
-
-
chamber of commerce
315
367
-
-
trade
18 946
24 569
-
-
total
38 297
49 622
-
-
Dividends
81 993
106 378
-
-
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.

1 107
1 444
-
-
withholding
20 143
26 240
-
-
total
21 250
27 684
-
-
Income
156 000
156 000
156 000
156 000
Total tax
66 978
77 306
56 262
73 996
After tax
89 022
78 694
99 738
82 004
Living cost
28 280
28 280
28 280
28 280
Free-cash
60 742
50 414
71 458
53 724

Estimated living cost  is ₽28280 per week

₽17789
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3297
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽528
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6665
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽47538
₽43757
₽42533
₽46710
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
16 969
national
-
-
-
26 295
pensions
-
-
-
18 720
total
-
-
-
63 661
Employee
77 208
-
134 861
-
municipal
9 536
-
17 573
-
pensions
3 088
-
5 394
-
national
14 778
-
27 231
-
total
27 402
-
50 198
-
Employer
77 208
-
134 861
-
pensions
6 177
-
10 789
-
social contributions
830
-
1 450
-
total
7 007
-
12 239
-
Corporate
66 689
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%.

13 338
31 200
-
-
total
13 338
31 200
-
-
Dividends
53 351
124 800
-
-
withholding
11 737
27 456
-
-
total
11 737
27 456
-
-
Income
156 000
156 000
156 000
156 000
Total tax
59 484
58 656
62 437
63 661
After tax
96 516
97 344
93 563
92 339
Living cost
49 806
49 806
49 806
49 806
Free-cash
46 710
47 538
43 757
42 533

Estimated living cost  is ₽49806 per week

₽33853
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4630
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽745
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10578
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽105377
₽44962
₽33682
₽97718
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

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

-
-
-
156 000
income
-
-
-
27 342
surtax
-
-
-
39 780
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.

-
-
-
35 772
microenterprise
-
-
-
-
total
-
-
-
102 894
Employee
27 282
-
116 392
-
surtax
-
-
16 876
-
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.

3 001
-
12 239
-
income
4 856
-
22 891
-
total
7 857
-
52 006
-
Employer
27 282
-
116 392
-
social contributions

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

6 572
-
26 805
-
surtax
-
-
12 803
-
total
6 572
-
39 608
-
Corporate
122 147
156 000
-
-
income

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

24 429
31 199
-
-
total
24 429
31 199
-
-
Dividends

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

97 717
124 801
-
-
total
-
-
-
-
Income
156 000
156 000
156 000
156 000
Total tax
38 858
31 199
91 614
102 894
After tax
117 142
124 801
64 386
53 106
Living cost
19 424
19 424
19 424
19 424
Free-cash
97 718
105 377
44 962
33 682

Estimated living cost  is ₽19424 per week

₽12392
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.
₽441
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4741
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽37997
₽57434
₽47601
₽32277
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
156 000
income
-
-
-
46 835
health
-
-
-
11 513
pensions
-
-
-
10 939
total
-
-
-
69 287
Employee
79 730
79 730
138 649
-
pensions
14 351
10 939
10 939
-
income

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

13 051
13 051
19 650
-
health
12 238
10 409
11 513
-
total
39 640
34 399
42 102
-
Employer
79 730
79 730
138 649
-
health
5 542
5 542
6 887
-
pensions
5 549
5 549
6 898
-
unemployment
2 870
2 870
3 567
-
total
13 961
13 961
17 352
-
Corporate
63 286
62 308
-
-
income
12 658
12 461
-
-
total
12 658
12 461
-
-
Dividends
50 629
49 847
-
-
income
10 758
10 593
-
-
withholding
7 594
7 477
-
-
total
18 352
18 070
-
-
Income
156 000
156 000
156 000
156 000
Total tax
84 611
78 891
59 454
69 287
After tax
71 389
77 109
96 546
86 713
Living cost
39 112
39 112
39 112
39 112
Free-cash
32 277
37 997
57 434
47 601

Estimated living cost  is ₽39112 per week

₽27718
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3526
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽622
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7247
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽47478
₽42136
₽43050
₽46632
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
165
other
-
-
-
9 601
unemployment
-
-
-
83
health
-
-
-
5 155
municipal
-
-
-
39 382
national
-
-
-
11 935
pensions
-
-
-
8 931
total
-
-
-
75 252
Employee
53 717
-
130 040
-
municipal
16 018
-
38 778
-
national
-
-
11 429
-
total
16 018
-
50 207
-
Employer
53 717
-
130 040
-
health
3 304
-
5 081
-
pensions
5 807
-
8 931
-
accident
107
-
165
-
unemployment
1 418
-
2 181
-
other
6 242
-
9 601
-
total
16 878
-
25 959
-
Corporate
85 406
156 000
-
-
income
18 789
34 320
-
-
total
18 789
34 320
-
-
Dividends
66 616
121 680
-
-
withholding
19 985
36 504
-
-
total
19 985
36 504
-
-
Income
156 000
156 000
156 000
156 000
Total tax
71 670
70 824
76 166
75 252
After tax
84 330
85 176
79 834
80 748
Living cost
37 698
37 698
37 698
37 698
Free-cash
46 632
47 478
42 136
43 050

Estimated living cost  is ₽37698 per week

₽24985
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3699
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽572
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8442
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽41216
₽63060
₽44540
₽54330
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
156 000
income

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

-
-
-
47 283
surtax

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

-
-
-
2 601
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.

-
-
-
6 378
trade
-
-
-
18 520
total
-
-
-
74 782
Employee

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

47 347
-
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.

223
-
2 601
-
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.

4 068
-
47 283
-
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.

6 378
-
6 378
-
total
10 669
-
56 262
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
108 653
156 000
-
-
income
16 299
23 400
-
-
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.

897
1 286
-
-
chamber of commerce
296
363
-
-
trade
17 874
25 662
-
-
total
35 366
50 711
-
-
Dividends
73 288
105 288
-
-
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.

989
1 428
-
-
withholding
17 968
25 967
-
-
total
18 957
27 395
-
-
Income
156 000
156 000
156 000
156 000
Total tax
64 992
78 106
56 262
74 782
After tax
91 008
77 894
99 738
81 218
Living cost
36 678
36 678
36 678
36 678
Free-cash
54 330
41 216
63 060
44 540

Estimated living cost  is ₽36678 per week

₽24530
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3868
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.
₽7732
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽83548
₽75371
₽76766
₽79674
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
29 867
social contributions
-
-
-
15 106
health
-
-
-
3 978
total
-
-
-
48 951
Employee
71 793
71 793
145 275
-
social contributions
3 489
5 958
8 037
-
income
7 539
6 646
29 114
-
health
714
1 221
2 470
-
total
11 742
13 825
39 621
-
Employer
71 793
71 793
145 275
-
health
778
1 329
2 688
-
social contributions
3 489
5 958
8 037
-
total
4 267
7 287
10 725
-
Corporate
109 709
76 919
-
-
income
13 714
9 615
-
-
total
13 714
9 615
-
-
Dividends
95 995
67 304
-
-
withholding
16 320
11 442
-
-
total
16 320
11 442
-
-
Income
156 000
156 000
156 000
156 000
Total tax
46 043
42 169
50 346
48 951
After tax
109 957
113 831
105 654
107 049
Living cost
30 283
30 283
30 283
30 283
Free-cash
79 674
83 548
75 371
76 766

Estimated living cost  is ₽30283 per week

₽20701
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2365
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽509
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6708
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽70924
₽73712
₽91346
₽71270
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

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

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

The minimum wage is 138,000 HUF per month.

24 139
9 607
130 544
-
unemployment
362
144
1 958
-
pensions
2 414
961
13 054
-
income
2 951
1 174
15 959
-
health
1 690
672
9 138
-
total
7 417
2 951
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.

24 139
9 607
130 544
-
pensions
4 707
1 873
25 456
-
total
4 707
1 873
25 456
-
Corporate
127 153
144 519
-
-
income
11 444
13 007
-
-
total
11 444
13 007
-
-
Dividends
115 710
131 513
-
-
social contributions
22 454
25 535
-
-
withholding
21 985
24 987
-
-
total
44 439
50 522
-
-
Income
156 000
156 000
156 000
156 000
Total tax
68 007
68 353
65 565
47 931
After tax
87 993
87 647
90 435
108 069
Living cost
16 723
16 723
16 723
16 723
Free-cash
71 270
70 924
73 712
91 346

Estimated living cost  is ₽16723 per week

₽11412
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1368
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽334
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3609
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽102250
₽67364
₽61065
₽96448
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
156 000
income
-
-
-
20 903
health
-
-
-
20 280
pensions
-
-
-
31 201
total
-
-
-
72 384
Employee
26 486
-
116 592
-
unemployment
423
-
1 866
-
pensions
530
-
2 332
-
income
2 982
-
22 479
-
total
3 935
-
26 677
-
Employer
26 486
-
116 592
-
health
3 443
-
15 158
-
pensions
5 298
-
23 318
-
unemployment
213
-
932
-
total
8 954
-
39 408
-
Corporate
120 561
156 000
-
-
income
24 112
31 199
-
-
total
24 112
31 199
-
-
Dividends
96 449
124 801
-
-
total
-
-
-
-
Income
156 000
156 000
156 000
156 000
Total tax
37 001
31 199
66 085
72 384
After tax
118 999
124 801
89 915
83 616
Living cost
22 551
22 551
22 551
22 551
Free-cash
96 448
102 250
67 364
61 065

Estimated living cost  is ₽22551 per week

₽15468
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1343
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽454
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5287
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽8204
₽63515
₽85842
₽9440
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
239
income
-
-
-
42 721
other
-
-
-
351
health
-
-
-
2 066
pensions
-
-
-
3 941
total
-
-
-
49 318
Employee
32 783
-
139 804
-
pensions
3 691
-
7 227
-
income
4 498
-
32 214
-
health
3 754
-
16 008
-
total
11 943
-
55 449
-
Employer
32 783
-
139 804
-
pensions
5 331
-
10 436
-
accident
547
-
2 335
-
unemployment
803
-
3 425
-
total
6 681
-
16 196
-
Corporate
116 536
156 000
-
-
income

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

104 882
140 400
-
-
total
104 882
140 400
-
-
Dividends
11 654
15 600
-
-
withholding
2 214
2 964
-
-
total
2 214
2 964
-
-
Income
156 000
156 000
156 000
156 000
Total tax
125 720
143 364
71 645
49 318
After tax
30 280
12 636
84 355
106 682
Living cost
20 840
20 840
20 840
20 840
Free-cash
9 440
-8 204
63 515
85 842

Estimated living cost  is ₽20840 per week

₽15274
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1155
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽435
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3977
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽140677
₽117277
₽146917
₽139266
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
156 000
microenterprise

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

-
-
-
1 560
total
-
-
-
1 560
Employee
9 404
-
156 000
-
income
1 881
-
31 200
-
total
1 881
-
31 200
-
Employer
-
-
-
-
total
-
-
-
-
Corporate

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

146 596
156 000
-
-
total
-
-
-
-
Dividends
146 596
156 000
-
-
withholding
7 330
7 800
-
-
total
7 330
7 800
-
-
Income
156 000
156 000
156 000
156 000
Total tax
9 211
7 800
31 200
1 560
After tax
146 789
148 200
124 800
154 440
Living cost
7 523
7 523
7 523
7 523
Free-cash
139 266
140 677
117 277
146 917

Estimated living cost  is ₽7523 per week

₽4662
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽625
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽207
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2029
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽89735
₽63738
₽60774
₽83432
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
156 000
income
-
-
-
23 283
other
-
-
-
6 743
health
-
-
-
6 247
pensions

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

-
-
-
34 075
total
-
-
-
70 348
Employee
33 900
-
124 599
-
unemployment
338
-
1 246
-
pensions

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

2 372
-
8 722
-
income
5 836
-
24 270
-
health
475
-
1 745
-
total
9 021
-
35 983
-
Employer
33 900
-
124 599
-
health
475
-
1 745
-
pensions

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

5 764
-
21 182
-
accident
271
-
998
-
unemployment
338
-
1 246
-
other
1 696
-
6 230
-
total
8 544
-
31 401
-
Corporate
113 557
156 000
-
-
income
23 846
32 760
-
-
total
23 846
32 760
-
-
Dividends
89 710
123 240
-
-
withholding
6 279
8 627
-
-
total
6 279
8 627
-
-
Income
156 000
156 000
156 000
156 000
Total tax
47 690
41 387
67 384
70 348
After tax
108 310
114 613
88 616
85 652
Living cost
24 878
24 878
24 878
24 878
Free-cash
83 432
89 735
63 738
60 774

Estimated living cost  is ₽24878 per week

₽17578
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1680
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽400
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5220
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽40388
₽27249
₽41420
₽41286
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
156 000
income
-
-
-
43 610
pensions
-
-
-
8 253
total
-
-
-
51 863
Employee
88 735
-
136 361
-
pensions
8 561
-
10 219
-
income
15 995
-
34 164
-
health
1 462
-
2 012
-
total
26 018
-
46 395
-
Employer
88 735
-
136 361
-
health
1 685
-
2 590
-
pensions
10 477
-
17 049
-
total
12 162
-
19 639
-
Corporate
55 103
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.

10 469
29 641
-
-
total
10 469
29 641
-
-
Dividends
44 634
126 359
-
-
withholding
3 348
23 254
-
-
total
3 348
23 254
-
-
Income
156 000
156 000
156 000
156 000
Total tax
51 997
52 895
66 034
51 863
After tax
104 003
103 105
89 966
104 137
Living cost
62 717
62 717
62 717
62 717
Free-cash
41 286
40 388
27 249
41 420

Estimated living cost  is ₽62717 per week

₽46995
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽7369
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽510
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7844
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽121136
₽117671
₽111647
₽116798
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
156 000
income
-
-
-
23 400
unemployment
-
-
-
130
health
-
-
-
3 751
pensions

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

-
-
-
4 828
total
-
-
-
32 109
Employee
16 213
-
149 600
-
accident

We are using the highest rate at 1.1%.

179
-
359
-
pensions

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

1 423
-
2 864
-
income
1 621
-
14 960
-
health
746
-
1 501
-
total
3 969
-
19 684
-
Employer
16 213
-
149 600
-
health
1 119
-
2 251
-
pensions

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

1 787
-
3 595
-
accident

We are using the highest rate at 1.1%.

179
-
359
-
unemployment
97
-
196
-
total
3 182
-
6 401
-
Corporate
136 606
156 000
-
-
income
13 660
15 600
-
-
total
13 660
15 600
-
-
Dividends
122 946
140 400
-
-
withholding
6 147
7 020
-
-
total
6 147
7 020
-
-
Income
156 000
156 000
156 000
156 000
Total tax
26 958
22 620
26 085
32 109
After tax
129 042
133 380
129 915
123 891
Living cost
12 244
12 244
12 244
12 244
Free-cash
116 798
121 136
117 671
111 647

Estimated living cost  is ₽12244 per week

₽7148
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽874
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽324
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3897
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽25337
₽44774
₽34941
₽27686
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
156 000
income
-
-
-
46 835
health
-
-
-
11 513
pensions
-
-
-
10 939
total
-
-
-
69 287
Employee
86 561
79 730
138 649
-
pensions
10 939
10 939
10 939
-
income

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

13 051
13 051
19 650
-
health
10 799
10 409
11 513
-
total
34 789
34 399
42 102
-
Employer
86 561
79 730
138 649
-
health
6 015
5 542
6 887
-
pensions
6 024
5 549
6 898
-
unemployment
3 117
2 870
3 567
-
total
15 156
13 961
17 352
-
Corporate
54 283
62 308
-
-
income
10 857
12 461
-
-
total
10 857
12 461
-
-
Dividends
43 425
49 847
-
-
income
9 227
10 593
-
-
withholding
6 513
7 477
-
-
total
15 740
18 070
-
-
Income
156 000
156 000
156 000
156 000
Total tax
76 542
78 891
59 454
69 287
After tax
79 458
77 109
96 546
86 713
Living cost
51 772
51 772
51 772
51 772
Free-cash
27 686
25 337
44 774
34 941

Estimated living cost  is ₽51772 per week

₽38191
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4624
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽594
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8365
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽84591
₽57241
₽63978
₽76452
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
15 317
social contributions
-
-
-
32 830
solidarity contribution
-
-
-
-
health
-
-
-
21 060
total
-
-
-
69 207
Employee
33 551
-
117 332
-
solidarity contribution
-
-
-
-
social contributions
2 181
-
7 308
-
income
4 026
-
14 128
-
health
4 529
-
15 840
-
total
10 736
-
37 276
-
Employer
33 551
-
117 332
-
health
3 020
-
10 560
-
social contributions
8 388
-
28 108
-
total
11 408
-
38 668
-
Corporate
111 041
156 000
-
-
income
21 098
29 640
-
-
total
21 098
29 640
-
-
Dividends
89 943
126 360
-
-
withholding
13 491
18 954
-
-
total
13 491
18 954
-
-
Income
156 000
156 000
156 000
156 000
Total tax
56 733
48 594
75 944
69 207
After tax
99 267
107 406
80 056
86 793
Living cost
22 815
22 815
22 815
22 815
Free-cash
76 452
84 591
57 241
63 978

Estimated living cost  is ₽22815 per week

₽15848
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1623
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽449
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4896
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽43837
₽28608
₽35654
₽38962
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
regional
-
-
-
1 833
municipal
-
-
-
927
national
-
-
-
38 065
total
-
-
-
80 949
Employee
82 977
-
156 000
-
municipal
439
-
827
-
national
14 378
-
32 950
-
regional
783
-
1 616
-
social contributions
27 980
-
52 602
-
total
43 580
-
87 995
-
Employer
82 977
-
156 000
-
total
-
-
-
-
Corporate
73 023
156 000
-
-
municipal
2 847
6 084
-
-
nationa
17 525
37 439
-
-
total
20 372
43 523
-
-
Dividends
52 651
112 476
-
-
withholding
13 689
29 243
-
-
total
13 689
29 243
-
-
Income
156 000
156 000
156 000
156 000
Total tax
77 641
72 766
87 995
80 949
After tax
78 359
83 234
68 005
75 051
Living cost
39 397
39 397
39 397
39 397
Free-cash
38 962
43 837
28 608
35 654

Estimated living cost  is ₽39397 per week

₽27463
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2583
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽604
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8746
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽77521
₽47539
₽53330
₽74615
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
41 798
other
-
-
-
-
surtax
-
-
-
6 288
unemployment
-
-
-
213
health
-
-
-
8 846
pensions
-
-
-
24 922
total
-
-
-
82 067
Employee
30 875
-
129 771
-
other
-
-
-
-
unemployment
2 149
-
8 673
-
pensions
2 059
-
8 311
-
surtax
101
-
5 255
-
income
5 175
-
36 213
-
health
788
-
3 177
-
total
10 272
-
61 629
-
Employer
30 875
-
129 771
-
health
1 405
-
5 670
-
pensions
4 116
-
16 610
-
unemployment
978
-
3 949
-
other
-
-
-
-
total
6 499
-
26 229
-
Corporate
118 626
156 000
-
-
income
30 843
40 560
-
-
total
30 843
40 560
-
-
Dividends
87 783
115 440
-
-
withholding
13 168
17 316
-
-
total
13 168
17 316
-
-
Income
156 000
156 000
156 000
156 000
Total tax
60 782
57 876
87 858
82 067
After tax
95 218
98 124
68 142
73 933
Living cost
20 603
20 603
20 603
20 603
Free-cash
74 615
77 521
47 539
53 330

Estimated living cost  is ₽20603 per week

₽12597
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1901
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽475
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5629
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽60258
₽47119
₽61290
₽66456
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
156 000
income
-
-
-
43 610
pensions
-
-
-
8 253
total
-
-
-
51 863
Employee
59 468
-
136 361
-
pensions
5 047
-
10 219
-
income
10 710
-
34 164
-
health
863
-
2 012
-
total
16 620
-
46 395
-
Employer
59 468
-
136 361
-
health
1 130
-
2 590
-
pensions
6 437
-
17 049
-
total
7 567
-
19 639
-
Corporate
88 965
156 000
-
-
income

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

16 904
29 641
-
-
total
16 904
29 641
-
-
Dividends
72 061
126 359
-
-
withholding
5 606
23 254
-
-
total
5 606
23 254
-
-
Income
156 000
156 000
156 000
156 000
Total tax
46 697
52 895
66 034
51 863
After tax
109 303
103 105
89 966
104 137
Living cost
42 847
42 847
42 847
42 847
Free-cash
66 456
60 258
47 119
61 290

Estimated living cost  is ₽42847 per week

₽32100
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3211
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽448
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7086
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽2494
₽45712
₽53273
₽29097
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
156 000
other

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

-
-
-
3 119
regional
-
-
-
7 312
health
-
-
-
351
city
-
-
-
1 644
national
-
-
-
2 120
pensions
-
-
-
14 352
total
-
-
-
28 898
Employee
86 398
-
139 628
-
unemployment
-
-
-
-
pensions
7 259
-
11 728
-
national
409
-
1 739
-
regional
2 829
-
6 341
-
city
927
-
1 500
-
health
195
-
315
-
total
11 619
-
21 623
-
Employer
86 398
-
139 628
-
health
195
-
315
-
pensions
7 259
-
11 728
-
unemployment
-
-
-
-
other

This will depend on a canton and a chosen fund. The rate is between 0.1% and 3.63% for an employee. We use 2% as an average rate.

1 727
-
2 793
-
total
9 181
-
14 836
-
Corporate
59 470
156 000
-
-
regional
12 577
32 994
-
-
national
5 055
13 260
-
-
total
17 632
46 254
-
-
Dividends
41 838
109 746
-
-
withholding
14 642
38 411
-
-
total
14 642
38 411
-
-
Income
156 000
156 000
156 000
156 000
Total tax
53 074
84 665
36 459
28 898
After tax
102 926
71 335
119 541
127 102
Living cost
73 829
73 829
73 829
73 829
Free-cash
29 097
-2 494
45 712
53 273

Estimated living cost  is ₽73829 per week

₽48010
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽6625
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽906
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽18287
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽34320
₽56967
₽37658
₽49459
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
156 000
income

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

-
-
-
47 283
surtax

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

-
-
-
2 601
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.

-
-
-
6 378
trade
-
-
-
19 309
total
-
-
-
75 571
Employee

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

56 111
-
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.

363
-
2 601
-
income

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

6 598
-
47 283
-
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.

6 378
-
6 378
-
total
13 339
-
56 262
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
99 889
156 000
-
-
income
14 984
23 400
-
-
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.

824
1 286
-
-
chamber of commerce
282
361
-
-
trade
17 131
26 754
-
-
total
33 221
51 801
-
-
Dividends
66 668
104 198
-
-
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.

897
1 414
-
-
withholding
16 313
25 694
-
-
total
17 210
27 108
-
-
Income
156 000
156 000
156 000
156 000
Total tax
63 770
78 909
56 262
75 571
After tax
92 230
77 091
99 738
80 429
Living cost
42 771
42 771
42 771
42 771
Free-cash
49 459
34 320
56 967
37 658

Estimated living cost  is ₽42771 per week

₽31238
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3421
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.
₽7557
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽46682
₽54722
₽56105
₽52198
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
156 000
income
-
-
-
23 717
other
-
-
-
4 835
surtax
-
-
-
-
social contributions
-
-
-
4 445
health
-
-
-
6 332
pensions
-
-
-
28 623
total
-
-
-
67 952
Employee
39 959
-
121 355
-
pensions
4 518
-
8 182
-
surtax
-
-
-
-
social contributions
1 139
-
3 457
-
income
2 358
-
23 050
-
total
8 015
-
34 689
-
Employer
39 959
-
121 355
-
health
2 798
-
10 924
-
pensions
6 564
-
13 819
-
unemployment
1 618
-
4 915
-
social contributions
120
-
363
-
other
1 378
-
4 625
-
total
12 478
-
34 646
-
Corporate
103 562
156 000
-
-
income
28 997
43 680
-
-
surtax
-
-
-
-
total
28 997
43 680
-
-
Dividends
74 566
112 320
-
-
surtax
-
-
-
-
social contributions
12 824
19 319
-
-
withholding
9 545
14 376
-
-
total
22 369
33 695
-
-
Income
156 000
156 000
156 000
156 000
Total tax
71 859
77 375
69 335
67 952
After tax
84 141
78 625
86 665
88 048
Living cost
31 943
31 943
31 943
31 943
Free-cash
52 198
46 682
54 722
56 105

Estimated living cost  is ₽31943 per week

₽20142
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2597
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽544
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8662
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽49847
₽57887
₽59270
₽55034
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
156 000
income
-
-
-
23 717
other
-
-
-
4 835
surtax
-
-
-
-
social contributions
-
-
-
4 445
health
-
-
-
6 332
pensions
-
-
-
28 623
total
-
-
-
67 952
Employee
35 669
-
121 355
-
pensions
4 034
-
8 182
-
surtax
-
-
-
-
social contributions
1 017
-
3 457
-
income
1 839
-
23 050
-
total
6 890
-
34 689
-
Employer
35 669
-
121 355
-
health
2 496
-
10 924
-
pensions
5 861
-
13 819
-
unemployment
1 444
-
4 915
-
social contributions
106
-
363
-
other
1 231
-
4 625
-
total
11 138
-
34 646
-
Corporate
109 192
156 000
-
-
income
30 574
43 680
-
-
surtax
-
-
-
-
total
30 574
43 680
-
-
Dividends
78 618
112 320
-
-
surtax
-
-
-
-
social contributions
13 522
19 319
-
-
withholding
10 064
14 376
-
-
total
23 586
33 695
-
-
Income
156 000
156 000
156 000
156 000
Total tax
72 188
77 375
69 335
67 952
After tax
83 812
78 625
86 665
88 048
Living cost
28 778
28 778
28 778
28 778
Free-cash
55 034
49 847
57 887
59 270

Estimated living cost  is ₽28778 per week

₽16690
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2923
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽546
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8620
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽75376
₽77417
₽80386
₽75859
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
156 000
income
-
-
-
23 400
social contributions
-
-
-
21 527
health
-
-
-
10 889
total
-
-
-
55 816
Employee
31 656
-
156 000
-
social contributions
4 369
-
21 527
-
income
5 280
-
26 369
-
health
2 209
-
10 889
-
total
11 858
-
58 785
-
Employer
31 656
-
156 000
-
total
-
-
-
-
Corporate
124 344
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%.

6 217
7 799
-
-
total
6 217
7 799
-
-
Dividends
118 127
148 201
-
-
social contributions
16 302
20 452
-
-
withholding
17 720
22 231
-
-
health
8 246
10 344
-
-
total
42 268
53 027
-
-
Income
156 000
156 000
156 000
156 000
Total tax
60 343
60 826
58 785
55 816
After tax
95 657
95 174
97 215
100 184
Living cost
19 798
19 798
19 798
19 798
Free-cash
75 859
75 376
77 417
80 386

Estimated living cost  is ₽19798 per week

₽13249
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1221
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽455
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4871
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽53500
₽8410
₽47146
₽52052
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
40 900
surtax
-
-
-
184
unemployment
-
-
-
5 726
chamber of commerce
-
-
-
624
health
-
-
-
8 343
pensions
-
-
-
20 179
total
-
-
-
75 956
Employee
46 660
37 207
123 380
-
other
466
372
1 091
-
unemployment
1 400
1 116
3 272
-
pensions
4 778
3 809
11 169
-
income
5 312
2 744
32 362
-
health
1 805
1 440
4 220
-
total
13 761
9 481
52 114
-
Employer
46 660
37 207
123 380
-
chamber of commerce
186
149
494
-
health
1 763
1 407
4 123
-
pensions
5 856
4 670
13 689
-
accident
606
484
1 417
-
unemployment
1 400
1 116
3 272
-
surtax
184
184
184
-
payroll
1 400
1 116
3 701
-
other
2 216
1 766
5 739
-
total
13 611
10 892
32 619
-
Corporate
95 729
107 900
119 836
-
income

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

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

23 933
26 975
29 959
-
total
23 933
26 975
29 959
-
Dividends
71 796
80 924
-
-
withholding
19 745
22 254
-
-
total
19 745
22 254
-
-
Income
156 000
156 000
156 000
156 000
Total tax
71 050
69 602
114 692
75 956
After tax
84 950
86 398
41 308
80 044
Living cost
32 898
32 898
32 898
32 898
Free-cash
52 052
53 500
8 410
47 146

Estimated living cost  is ₽32898 per week

₽21942
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2806
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽540
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7610
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽53222
₽21349
₽33535
₽39218
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
156 000
communal

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

-
-
-
7 964
social contributions
-
-
-
23 277
national
-
-
-
57 182
total
-
-
-
88 423
Employee

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

66 785
-
120 825
-
unemployment

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

581
-
1 051
-
communal

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

3 483
-
6 302
-
pensions

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

5 009
-
9 063
-
national
20 532
-
43 338
-
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.

3 138
-
5 679
-
total
32 743
-
65 433
-
Employer

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

66 785
-
120 825
-
health

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

4 107
-
7 431
-
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.

5 918
-
10 705
-
accident

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

868
-
1 572
-
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.

974
-
1 765
-
surtax
7 573
-
13 703
-
total
19 440
-
35 176
-
Corporate
69 775
156 000
-
-
income
13 955
31 199
-
-
surtax
280
624
-
-
total
14 235
31 823
-
-
Dividends
55 541
124 177
-
-
withholding

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

16 322
36 913
-
-
total
16 322
36 913
-
-
Income
156 000
156 000
156 000
156 000
Total tax
82 740
68 736
100 609
88 423
After tax
73 260
87 264
55 391
67 577
Living cost
34 042
34 042
34 042
34 042
Free-cash
39 218
53 222
21 349
33 535

Estimated living cost  is ₽34042 per week

₽21928
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2977
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽533
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8606
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽70369
₽50007
₽53923
₽63810
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
780
income
-
-
-
42 396
other
-
-
-
87
unemployment
-
-
-
606
pensions
-
-
-
24 490
total
-
-
-
68 359
Employee
46 475
-
128 412
-
other
46
-
87
-
unemployment
721
-
1 341
-
pensions
2 185
-
4 068
-
income
9 806
-
39 191
-
total
12 758
-
44 687
-
Employer
46 475
-
128 412
-
pensions
10 967
-
20 423
-
accident
920
-
1 713
-
unemployment
2 557
-
4 759
-
other
370
-
693
-
total
14 814
-
27 588
-
Corporate
94 711
156 000
-
-
income

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

14 206
23 400
-
-
total
14 206
23 400
-
-
Dividends
80 505
132 600
-
-
withholding
16 694
28 513
-
-
total
16 694
28 513
-
-
Income
156 000
156 000
156 000
156 000
Total tax
58 472
51 913
72 275
68 359
After tax
97 528
104 087
83 725
87 641
Living cost
33 718
33 718
33 718
33 718
Free-cash
63 810
70 369
50 007
53 923

Estimated living cost  is ₽33718 per week

₽24830
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2392
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽485
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6010
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽41049
₽33556
₽27338
₽29502
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
156 000
communal
-
-
-
9 860
accident
-
-
-
1 315
income
-
-
-
24 673
surtax
-
-
-
7 734
health
-
-
-
10 960
pensions
-
-
-
23 382
total
-
-
-
77 924
Employee
70 705
-
139 347
-
pensions
5 656
-
11 148
-
surtax
4 334
-
8 540
-
income
6 829
-
29 165
-
health
3 147
-
6 201
-
total
19 966
-
55 054
-
Employer
70 705
-
139 347
-
health
2 156
-
4 250
-
pensions
5 656
-
11 148
-
accident
636
-
1 254
-
total
8 448
-
16 652
-
Corporate
76 847
156 000
-
-
communal
5 188
10 530
-
-
income
11 527
23 400
-
-
surtax
806
1 637
-
-
total
17 521
35 567
-
-
Dividends
59 326
120 433
-
-
income
20 925
10 581
-
-
withholding
8 900
18 065
-
-
total
29 825
28 646
-
-
Income
156 000
156 000
156 000
156 000
Total tax
75 760
64 213
71 706
77 924
After tax
80 240
91 787
84 294
78 076
Living cost
50 738
50 738
50 738
50 738
Free-cash
29 502
41 049
33 556
27 338

Estimated living cost  is ₽50738 per week

₽38061
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3074
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽537
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9064
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Luxembourg model

Close
Athens , Greece
₽77153
₽47171
₽52962
₽74181
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
41 798
other
-
-
-
-
surtax
-
-
-
6 288
unemployment
-
-
-
213
health
-
-
-
8 846
pensions
-
-
-
24 922
total
-
-
-
82 067
Employee
31 442
-
129 771
-
other
-
-
-
-
unemployment
2 188
-
8 673
-
pensions
2 098
-
8 311
-
surtax
112
-
5 255
-
income
5 271
-
36 213
-
health
803
-
3 177
-
total
10 472
-
61 629
-
Employer
31 442
-
129 771
-
health
1 430
-
5 670
-
pensions
4 192
-
16 610
-
unemployment
998
-
3 949
-
other
-
-
-
-
total
6 620
-
26 229
-
Corporate
117 939
156 000
-
-
income
30 664
40 560
-
-
total
30 664
40 560
-
-
Dividends
87 274
115 440
-
-
withholding
13 092
17 316
-
-
total
13 092
17 316
-
-
Income
156 000
156 000
156 000
156 000
Total tax
60 848
57 876
87 858
82 067
After tax
95 152
98 124
68 142
73 933
Living cost
20 971
20 971
20 971
20 971
Free-cash
74 181
77 153
47 171
52 962

Estimated living cost  is ₽20971 per week

₽12661
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1823
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽487
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6001
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽56848
₽42371
₽49381
₽54774
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
regional
-
-
-
2 352
municipal
-
-
-
927
national
-
-
-
38 065
total
-
-
-
81 468
Employee
51 791
-
156 000
-
municipal
275
-
827
-
national
8 205
-
32 950
-
regional
697
-
2 099
-
social contributions
17 464
-
52 602
-
total
26 641
-
88 478
-
Employer
51 791
-
156 000
-
total
-
-
-
-
Corporate
104 209
156 000
-
-
municipal
5 179
7 753
-
-
nationa
25 010
37 439
-
-
total
30 189
45 192
-
-
Dividends
74 020
110 807
-
-
withholding
19 245
28 809
-
-
total
19 245
28 809
-
-
Income
156 000
156 000
156 000
156 000
Total tax
76 075
74 001
88 478
81 468
After tax
79 925
81 999
67 522
74 532
Living cost
25 151
25 151
25 151
25 151
Free-cash
54 774
56 848
42 371
49 381

Estimated living cost  is ₽25151 per week

₽15641
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2548
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽431
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6531
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Naples model

Close
Prague , Czech Republic
₽79292
₽51942
₽58679
₽69263
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
15 317
social contributions
-
-
-
32 830
solidarity contribution
-
-
-
-
health
-
-
-
21 060
total
-
-
-
69 207
Employee
41 344
-
117 332
-
solidarity contribution
-
-
-
-
social contributions
2 687
-
7 308
-
income
4 961
-
14 128
-
health
5 581
-
15 840
-
total
13 229
-
37 276
-
Employer
41 344
-
117 332
-
health
3 721
-
10 560
-
social contributions
10 336
-
28 108
-
total
14 057
-
38 668
-
Corporate
100 599
156 000
-
-
income
19 114
29 640
-
-
total
19 114
29 640
-
-
Dividends
81 485
126 360
-
-
withholding
12 223
18 954
-
-
total
12 223
18 954
-
-
Income
156 000
156 000
156 000
156 000
Total tax
58 623
48 594
75 944
69 207
After tax
97 377
107 406
80 056
86 793
Living cost
28 114
28 114
28 114
28 114
Free-cash
69 263
79 292
51 942
58 679

Estimated living cost  is ₽28114 per week

₽20907
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1557
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.
₽5163
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽56710
₽11579
₽50441
₽56247
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
40 900
surtax
-
-
-
-
unemployment
-
-
-
5 726
chamber of commerce
-
-
-
624
health
-
-
-
8 343
pensions
-
-
-
20 179
total
-
-
-
75 772
Employee
40 813
37 207
123 552
-
other
408
372
1 091
-
unemployment
1 224
1 116
3 272
-
pensions
4 180
3 809
11 169
-
income
3 636
2 744
32 432
-
health
1 579
1 440
4 220
-
total
11 027
9 481
52 184
-
Employer
40 813
37 207
123 552
-
chamber of commerce
163
149
494
-
health
1 543
1 407
4 123
-
pensions
5 122
4 670
13 689
-
accident
530
484
1 417
-
unemployment
1 224
1 116
3 272
-
surtax
-
-
-
-
payroll
1 224
1 116
3 707
-
other
1 938
1 766
5 746
-
total
11 744
10 708
32 448
-
Corporate
103 442
108 084
120 008
-
income

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

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

25 861
27 021
30 002
-
total
25 861
27 021
30 002
-
Dividends
77 581
81 063
-
-
withholding
21 334
22 293
-
-
total
21 334
22 293
-
-
Income
156 000
156 000
156 000
156 000
Total tax
69 966
69 503
114 634
75 772
After tax
86 034
86 497
41 366
80 228
Living cost
29 787
29 787
29 787
29 787
Free-cash
56 247
56 710
11 579
50 441

Estimated living cost  is ₽29787 per week

₽17868
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3042
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽532
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8345
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽136476
₽113076
₽142716
₽134278
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
14 655
-
156 000
-
income
2 931
-
31 200
-
total
2 931
-
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%.

141 345
156 000
-
-
total
-
-
-
-
Dividends
141 345
156 000
-
-
withholding
7 067
7 800
-
-
total
7 067
7 800
-
-
Income
156 000
156 000
156 000
156 000
Total tax
9 998
7 800
31 200
1 560
After tax
146 002
148 200
124 800
154 440
Living cost
11 724
11 724
11 724
11 724
Free-cash
134 278
136 476
113 076
142 716

Estimated living cost  is ₽11724 per week

₽7934
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽492
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽393
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2905
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽82362
₽47444
₽51576
₽74553
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

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

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

-
-
-
156 000
income
-
-
-
35 306
unemployment
-
-
-
234
health
-
-
-
15 351
pensions
-
-
-
28 490
total
-
-
-
79 381
Employee

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

41 286
-
134 983
-
unemployment
58
-
190
-
pensions
6 400
-
20 923
-
income
7 120
-
32 664
-
health
2 667
-
8 719
-
total
16 245
-
62 496
-
Employer

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

41 286
-
134 983
-
health
2 750
-
8 990
-
pensions
3 653
-
11 945
-
unemployment
25
-
82
-
total
6 428
-
21 017
-
Corporate
108 286
156 000
-
-
income
20 574
29 640
-
-
total
20 574
29 640
-
-
Dividends
87 712
126 360
-
-
withholding
13 157
18 955
-
-
total
13 157
18 955
-
-
Income
156 000
156 000
156 000
156 000
Total tax
56 404
48 595
83 513
79 381
After tax
99 596
107 405
72 487
76 619
Living cost
25 043
25 043
25 043
25 043
Free-cash
74 553
82 362
47 444
51 576

Estimated living cost  is ₽25043 per week

₽17186
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1605
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽485
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5767
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽55025
₽103955
₽67924
₽11056
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
156 000
income
-
-
-
30 407
social contributions
-
-
-
17 784
total
-
-
-
48 191
Employee
57 190
-
-
-
social contributions
4 690
-
668
-
income
12 615
-
-
-
total
17 305
-
668
-
Employer
57 190
-
-
-
social contributions
80 638
-
11 492
-
total
80 638
-
11 492
-
Corporate
18 172
156 000
-
-
income
3 998
34 320
-
-
total
3 998
34 320
-
-
Dividends
14 174
121 680
-
-
income
3 118
26 770
-
-
total
3 118
26 770
-
-
Income
156 000
156 000
156 000
156 000
Total tax
105 059
61 090
12 160
48 191
After tax
50 941
94 910
143 840
107 809
Living cost
39 885
39 885
39 885
39 885
Free-cash
11 056
55 025
103 955
67 924

Estimated living cost  is ₽39885 per week

₽25879
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3751
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.
₽9747
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽59447
₽42975
₽54602
₽58505
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
156 000
income
-
-
-
17 903
surtax
-
-
-
-
social contributions

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

-
-
-
54 209
total
-
-
-
72 112
Employee
42 941
-
126 060
-
surtax
-
-
-
-
social contributions
4 724
-
13 866
-
income
8 932
-
39 933
-
total
13 656
-
53 799
-
Employer
42 941
-
126 060
-
social contributions
10 198
-
29 940
-
total
10 198
-
29 940
-
Corporate
102 861
156 000
-
-
income
21 602
32 760
-
-
surtax
-
-
-
-
total
21 602
32 760
-
-
Dividends
81 259
123 240
-
-
withholding
22 753
34 507
-
-
total
22 753
34 507
-
-
Income
156 000
156 000
156 000
156 000
Total tax
68 209
67 267
83 739
72 112
After tax
87 791
88 733
72 261
83 888
Living cost
29 286
29 286
29 286
29 286
Free-cash
58 505
59 447
42 975
54 602

Estimated living cost  is ₽29286 per week

₽21912
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1727
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽489
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5158
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽33531
₽41571
₽42954
₽39948
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
156 000
income
-
-
-
23 717
other
-
-
-
4 835
surtax
-
-
-
-
social contributions
-
-
-
4 445
health
-
-
-
6 332
pensions
-
-
-
28 623
total
-
-
-
67 952
Employee
58 476
-
121 355
-
pensions
6 614
-
8 182
-
surtax
-
-
-
-
social contributions
1 665
-
3 457
-
income
5 102
-
23 050
-
total
13 381
-
34 689
-
Employer
58 476
-
121 355
-
health
4 093
-
10 924
-
pensions
9 608
-
13 819
-
unemployment
2 369
-
4 915
-
social contributions
175
-
363
-
other
2 018
-
4 625
-
total
18 263
-
34 646
-
Corporate
79 260
156 000
-
-
income
22 193
43 680
-
-
surtax
-
-
-
-
total
22 193
43 680
-
-
Dividends
57 067
112 320
-
-
surtax
-
-
-
-
social contributions
9 816
19 319
-
-
withholding
7 305
14 376
-
-
total
17 121
33 695
-
-
Income
156 000
156 000
156 000
156 000
Total tax
70 958
77 375
69 335
67 952
After tax
85 042
78 625
86 665
88 048
Living cost
45 094
45 094
45 094
45 094
Free-cash
39 948
33 531
41 571
42 954

Estimated living cost  is ₽45094 per week

₽30519
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3689
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽618
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10267
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽112334
₽91261
₽87115
₽109198
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
156 000
income
-
-
-
6 499
social contributions
-
-
-
34 321
total
-
-
-
40 820
Employee
30 016
-
135 065
-
income
-
-
6 960
-
social contributions
1 951
-
8 779
-
total
1 951
-
15 739
-
Employer
30 016
-
135 065
-
social contributions
4 653
-
20 935
-
total
4 653
-
20 935
-
Corporate
121 331
156 000
-
-
income
12 133
15 601
-
-
total
12 133
15 601
-
-
Dividends
109 198
140 399
-
-
total
-
-
-
-
Income
156 000
156 000
156 000
156 000
Total tax
18 737
15 601
36 674
40 820
After tax
137 263
140 399
119 326
115 180
Living cost
28 065
28 065
28 065
28 065
Free-cash
109 198
112 334
91 261
87 115

Estimated living cost  is ₽28065 per week

₽18147
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2116
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽528
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7275
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽47433
-₽47433
₽47528
-₽47433
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
156 000
labour market
-
-
-
12 415
municipal
-
-
-
32 244
national
-
-
-
18 037
pensions
-
-
-
809
total
-
-
-
63 505
Employee
189 796
189 796
189 796
-
municipal
40 416
40 416
40 416
-
labour market
15 162
15 162
15 162
-
pensions
270
270
270
-
national
23 187
23 187
23 187
-
total
79 035
79 035
79 035
-
Employer
189 796
189 796
189 796
-
national
23 227
23 227
23 227
-
labour market
15 184
15 184
15 184
-
pensions
540
540
540
-
municipal
40 480
40 480
40 480
-
total
79 431
79 431
79 431
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
156 000
156 000
156 000
156 000
Total tax
158 466
158 466
158 466
63 505
After tax
-2 466
-2 466
-2 466
92 495
Living cost
44 967
44 967
44 967
44 967
Free-cash
-47 433
-47 433
-47 433
47 528

Estimated living cost  is ₽44967 per week

₽30776
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3978
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽692
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9522
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽7897
₽63822
₽86149
₽9487
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
239
income
-
-
-
42 721
other
-
-
-
351
health
-
-
-
2 066
pensions
-
-
-
3 941
total
-
-
-
49 318
Employee
32 300
-
139 804
-
pensions
3 637
-
7 227
-
income
4 431
-
32 214
-
health
3 699
-
16 008
-
total
11 767
-
55 449
-
Employer
32 300
-
139 804
-
pensions
5 252
-
10 436
-
accident
539
-
2 335
-
unemployment
791
-
3 425
-
total
6 582
-
16 196
-
Corporate
117 118
156 000
-
-
income

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

105 406
140 400
-
-
total
105 406
140 400
-
-
Dividends
11 712
15 600
-
-
withholding
2 225
2 964
-
-
total
2 225
2 964
-
-
Income
156 000
156 000
156 000
156 000
Total tax
125 980
143 364
71 645
49 318
After tax
30 020
12 636
84 355
106 682
Living cost
20 533
20 533
20 533
20 533
Free-cash
9 487
-7 897
63 822
86 149

Estimated living cost  is ₽20533 per week

₽14946
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1171
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽385
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4031
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽62435
₽46530
₽66003
₽64578
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
156 000
health
-
-
-
2 013
municipal
-
-
-
27 718
national
-
-
-
24 421
total
-
-
-
54 152
Employee
49 121
-
131 238
-
municipal
8 046
-
21 380
-
unemployment
737
-
1 968
-
pensions
3 315
-
8 859
-
national
811
-
15 024
-
health
367
-
1 632
-
total
13 276
-
48 863
-
Employer
49 121
-
131 238
-
health
377
-
1 010
-
pensions
8 522
-
22 769
-
accident
50
-
131
-
unemployment
319
-
852
-
total
9 268
-
24 762
-
Corporate
97 610
156 000
-
-
income
19 521
31 199
-
-
total
19 521
31 199
-
-
Dividends

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

58 567
93 601
-
-
municipal
10 542
16 848
-
-
national
2 970
9 673
-
-
total
13 512
26 521
-
-
Income
156 000
156 000
156 000
156 000
Total tax
55 577
57 720
73 625
54 152
After tax
100 423
98 280
82 375
101 848
Living cost
35 845
35 845
35 845
35 845
Free-cash
64 578
62 435
46 530
66 003

Estimated living cost  is ₽35845 per week

₽23414
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3448
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.
₽8414
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽92214
₽84037
₽85432
₽87135
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
29 867
social contributions
-
-
-
15 106
health
-
-
-
3 978
total
-
-
-
48 951
Employee
71 793
71 793
145 275
-
social contributions
2 714
5 958
8 037
-
income
7 817
6 646
29 114
-
health
556
1 221
2 470
-
total
11 087
13 825
39 621
-
Employer
71 793
71 793
145 275
-
health
604
1 329
2 688
-
social contributions
2 714
5 958
8 037
-
total
3 318
7 287
10 725
-
Corporate
119 977
76 919
-
-
income
14 996
9 615
-
-
total
14 996
9 615
-
-
Dividends
104 981
67 304
-
-
withholding
17 847
11 442
-
-
total
17 847
11 442
-
-
Income
156 000
156 000
156 000
156 000
Total tax
47 248
42 169
50 346
48 951
After tax
108 752
113 831
105 654
107 049
Living cost
21 617
21 617
21 617
21 617
Free-cash
87 135
92 214
84 037
85 432

Estimated living cost  is ₽21617 per week

₽12955
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2121
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.
₽6063
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽114360
₽97304
₽116028
₽109612
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

  • up to €9,000.00, 60% of the average monthly wage in Montenegro
  • up to €15,000.00, 100% of the average monthly wage in Montenegro
  • in excess of €15,000, 150% of the average monthly wage in Montenegro
-
-
-
156 000
income
-
-
-
15 803
unemployment
-
-
-
27
health
-
-
-
3 379
pensions
-
-
-
5 939
total
-
-
-
25 148
Employee

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

21 431
-
146 875
-
unemployment
106
-
443
-
pensions
3 214
-
13 288
-
income
1 465
-
13 487
-
health
1 821
-
7 530
-
total
6 606
-
34 748
-
Employer

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

21 431
-
146 875
-
health
921
-
3 809
-
pensions
1 178
-
4 872
-
unemployment
106
-
443
-
total
2 205
-
9 124
-
Corporate
132 364
156 000
-
-
income
11 913
14 040
-
-
total
11 913
14 040
-
-
Dividends
120 450
141 960
-
-
withholding
10 840
12 776
-
-
total
10 840
12 776
-
-
Income
156 000
156 000
156 000
156 000
Total tax
31 564
26 816
43 872
25 148
After tax
124 436
129 184
112 128
130 852
Living cost
14 824
14 824
14 824
14 824
Free-cash
109 612
114 360
97 304
116 028

Estimated living cost  is ₽14824 per week

₽9458
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1068
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽441
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3855
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽78413
₽58051
₽61967
₽74289
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
780
income
-
-
-
42 396
other
-
-
-
87
unemployment
-
-
-
606
pensions
-
-
-
24 490
total
-
-
-
68 359
Employee
34 523
-
128 412
-
other
34
-
87
-
unemployment
535
-
1 341
-
pensions
1 623
-
4 068
-
income
6 656
-
39 191
-
total
8 848
-
44 687
-
Employer
34 523
-
128 412
-
pensions
8 147
-
20 423
-
accident
684
-
1 713
-
unemployment
1 899
-
4 759
-
other
276
-
693
-
total
11 006
-
27 588
-
Corporate
110 471
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.

16 571
23 400
-
-
total
16 571
23 400
-
-
Dividends
93 900
132 600
-
-
withholding
19 612
28 513
-
-
total
19 612
28 513
-
-
Income
156 000
156 000
156 000
156 000
Total tax
56 037
51 913
72 275
68 359
After tax
99 963
104 087
83 725
87 641
Living cost
25 674
25 674
25 674
25 674
Free-cash
74 289
78 413
58 051
61 967

Estimated living cost  is ₽25674 per week

₽17330
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2468
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽450
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5427
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽95453
₽98263
₽98399
₽95141
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
156 000
income
-
-
-
53 331
health
-
-
-
1 000
pensions
-
-
-
1 379
total
-
-
-
55 710
Employee
2 880
-
154 448
-
unemployment
29
-
69
-
pensions
259
-
621
-
income
557
-
53 259
-
health
144
-
345
-
total
989
-
54 294
-
Employer
2 880
-
154 448
-
health
274
-
655
-
pensions
317
-
759
-
unemployment
58
-
138
-
total
649
-
1 552
-
Corporate
152 472
156 000
-
-
income
33 544
34 320
-
-
total
33 544
34 320
-
-
Dividends
118 928
121 680
-
-
withholding
23 786
24 336
-
-
total
23 786
24 336
-
-
Income
156 000
156 000
156 000
156 000
Total tax
58 968
58 656
55 846
55 710
After tax
97 032
97 344
100 154
100 290
Living cost
1 891
1 891
1 891
1 891
Free-cash
95 141
95 453
98 263
98 399

Estimated living cost  is ₽1891 per week

₽1124
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽153
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽43
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽571
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽96563
₽78671
₽78671
₽91968
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

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

-
-
-
156 000
income
-
-
-
35 100
unemployment
-
-
-
1 035
health
-
-
-
7 107
pensions
-
-
-
17 940
total
-
-
-
61 182
Employee

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

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

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

24 348
-
143 649
-
unemployment
183
-
517
-
pensions
3 409
-
9 660
-
income
3 356
-
35 100
-
health
1 254
-
3 554
-
total
8 202
-
48 831
-
Employer

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

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

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

24 348
-
143 649
-
health
1 254
-
3 554
-
pensions
2 922
-
8 280
-
unemployment
183
-
517
-
total
4 359
-
12 351
-
Corporate
127 294
156 000
-
-
income
19 094
23 400
-
-
total
19 094
23 400
-
-
Dividends
108 200
132 600
-
-
withholding
16 230
19 890
-
-
total
16 230
19 890
-
-
Income
156 000
156 000
156 000
156 000
Total tax
47 885
43 290
61 182
61 182
After tax
108 115
112 710
94 818
94 818
Living cost
16 147
16 147
16 147
16 147
Free-cash
91 968
96 563
78 671
78 671

Estimated living cost  is ₽16147 per week

₽10871
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1249
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.
₽3559
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽63562
₽47090
₽58717
₽63223
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
156 000
income
-
-
-
17 903
surtax
-
-
-
-
social contributions

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

-
-
-
54 209
total
-
-
-
72 112
Employee
36 237
-
126 060
-
surtax
-
-
-
-
social contributions
3 987
-
13 866
-
income
7 081
-
39 933
-
total
11 068
-
53 799
-
Employer
36 237
-
126 060
-
social contributions
8 606
-
29 940
-
total
8 606
-
29 940
-
Corporate
111 157
156 000
-
-
income
23 343
32 760
-
-
surtax
-
-
-
-
total
23 343
32 760
-
-
Dividends
87 814
123 240
-
-
withholding
24 589
34 507
-
-
total
24 589
34 507
-
-
Income
156 000
156 000
156 000
156 000
Total tax
67 606
67 267
83 739
72 112
After tax
88 394
88 733
72 261
83 888
Living cost
25 171
25 171
25 171
25 171
Free-cash
63 223
63 562
47 090
58 717

Estimated living cost  is ₽25171 per week

₽17828
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1749
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽446
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5149
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽71274
₽50912
₽54828
₽65034
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
780
income
-
-
-
42 396
other
-
-
-
87
unemployment
-
-
-
606
pensions
-
-
-
24 490
total
-
-
-
68 359
Employee
45 091
-
128 412
-
other
44
-
87
-
unemployment
698
-
1 341
-
pensions
2 119
-
4 068
-
income
9 418
-
39 191
-
total
12 279
-
44 687
-
Employer
45 091
-
128 412
-
pensions
10 641
-
20 423
-
accident
893
-
1 713
-
unemployment
2 480
-
4 759
-
other
361
-
693
-
total
14 375
-
27 588
-
Corporate
96 533
156 000
-
-
income

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

14 481
23 400
-
-
total
14 481
23 400
-
-
Dividends
82 052
132 600
-
-
withholding
17 018
28 513
-
-
total
17 018
28 513
-
-
Income
156 000
156 000
156 000
156 000
Total tax
58 153
51 913
72 275
68 359
After tax
97 847
104 087
83 725
87 641
Living cost
32 813
32 813
32 813
32 813
Free-cash
65 034
71 274
50 912
54 828

Estimated living cost  is ₽32813 per week

₽23565
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2551
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽462
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6235
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽117316
₽113851
₽107827
₽111624
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
156 000
income
-
-
-
23 400
unemployment
-
-
-
130
health
-
-
-
3 751
pensions

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

-
-
-
4 828
total
-
-
-
32 109
Employee
21 272
-
149 600
-
accident

We are using the highest rate at 1.1%.

234
-
359
-
pensions

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

1 867
-
2 864
-
income
2 128
-
14 960
-
health
979
-
1 501
-
total
5 208
-
19 684
-
Employer
21 272
-
149 600
-
health
1 468
-
2 251
-
pensions

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

2 344
-
3 595
-
accident

We are using the highest rate at 1.1%.

234
-
359
-
unemployment
128
-
196
-
total
4 174
-
6 401
-
Corporate
130 555
156 000
-
-
income
13 055
15 600
-
-
total
13 055
15 600
-
-
Dividends
117 500
140 400
-
-
withholding
5 875
7 020
-
-
total
5 875
7 020
-
-
Income
156 000
156 000
156 000
156 000
Total tax
28 312
22 620
26 085
32 109
After tax
127 688
133 380
129 915
123 891
Living cost
16 064
16 064
16 064
16 064
Free-cash
111 624
117 316
113 851
107 827

Estimated living cost  is ₽16064 per week

₽10625
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽920
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽383
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4137
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽44256
₽63692
₽47535
₽56468
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
156 000
income

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

-
-
-
47 283
surtax

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

-
-
-
2 601
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.

-
-
-
6 378
trade
-
-
-
16 157
total
-
-
-
72 419
Employee

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

46 455
-
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.

211
-
2 601
-
income

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

3 820
-
47 283
-
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.

6 378
-
6 378
-
total
10 409
-
56 262
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
109 545
156 000
-
-
income
16 431
23 400
-
-
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.

904
1 286
-
-
chamber of commerce
303
370
-
-
trade
15 719
22 386
-
-
total
33 357
47 442
-
-
Dividends
76 188
108 557
-
-
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.

1 028
1 472
-
-
withholding
18 692
26 784
-
-
total
19 720
28 256
-
-
Income
156 000
156 000
156 000
156 000
Total tax
63 486
75 698
56 262
72 419
After tax
92 514
80 302
99 738
83 581
Living cost
36 046
36 046
36 046
36 046
Free-cash
56 468
44 256
63 692
47 535

Estimated living cost  is ₽36046 per week

₽24865
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3878
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽523
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6779
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽56015
₽30016
₽30016
₽58077
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
156 000
income
-
-
-
46 968
social contributions
-
-
-
25 831
total
-
-
-
72 799
Employee
73 032
-
156 000
-
income
13 781
-
46 968
-
social contributions
6 067
-
25 831
-
total
19 848
-
72 799
-
Employer
73 032
-
156 000
-
total
-
-
-
-
Corporate
82 968
156 000
-
-
income
10 370
19 500
-
-
total
10 370
19 500
-
-
Dividends
72 597
136 500
-
-
withholding
14 520
27 300
-
-
total
14 520
27 300
-
-
Income
156 000
156 000
156 000
156 000
Total tax
44 738
46 800
72 799
72 799
After tax
111 262
109 200
83 201
83 201
Living cost
53 185
53 185
53 185
53 185
Free-cash
58 077
56 015
30 016
30 016

Estimated living cost  is ₽53185 per week

₽40462
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4334
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽509
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7881
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽62576
₽77542
₽89874
₽65839
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

We use The Residence Programme or The Global Residence Programme.

-
-
-
156 000
income
-
-
-
26 577
health

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

-
-
-
5 657
total
-
-
-
32 234
Employee
42 830
-
151 705
-
income
4 647
-
35 976
-
social contributions
4 291
-
4 295
-
total
8 938
-
40 271
-
Employer
42 830
-
151 705
-
social contributions
4 291
-
4 295
-
total
4 291
-
4 295
-
Corporate
108 878
156 000
-
-
income
38 107
54 599
-
-
total
38 107
54 599
-
-
Dividends
70 771
101 401
-
-
social contributions
4 933
4 933
-
-
total
4 933
4 933
-
-
Income
156 000
156 000
156 000
156 000
Total tax
56 269
59 532
44 566
32 234
After tax
99 731
96 468
111 434
123 766
Living cost
33 892
33 892
33 892
33 892
Free-cash
65 839
62 576
77 542
89 874

Estimated living cost  is ₽33892 per week

₽22324
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2672
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽519
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8375
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽68272
₽55133
₽69304
₽73826
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
156 000
income
-
-
-
43 610
pensions
-
-
-
8 253
total
-
-
-
51 863
Employee
47 813
-
136 361
-
pensions
3 649
-
10 219
-
income
8 707
-
34 164
-
health
624
-
2 012
-
total
12 980
-
46 395
-
Employer
47 813
-
136 361
-
health
909
-
2 590
-
pensions
4 831
-
17 049
-
total
5 740
-
19 639
-
Corporate
102 448
156 000
-
-
income

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

19 465
29 641
-
-
total
19 465
29 641
-
-
Dividends
82 983
126 359
-
-
withholding
9 156
23 254
-
-
total
9 156
23 254
-
-
Income
156 000
156 000
156 000
156 000
Total tax
47 341
52 895
66 034
51 863
After tax
108 659
103 105
89 966
104 137
Living cost
34 833
34 833
34 833
34 833
Free-cash
73 826
68 272
55 133
69 304

Estimated living cost  is ₽34833 per week

₽23895
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3203
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽436
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7297
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽9930
₽61789
₽84116
₽9174
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
239
income
-
-
-
42 721
other
-
-
-
351
health
-
-
-
2 066
pensions
-
-
-
3 941
total
-
-
-
49 318
Employee
35 497
-
139 804
-
pensions
3 997
-
7 227
-
income
4 870
-
32 214
-
health
4 064
-
16 008
-
total
12 931
-
55 449
-
Employer
35 497
-
139 804
-
pensions
5 772
-
10 436
-
accident
593
-
2 335
-
unemployment
870
-
3 425
-
total
7 235
-
16 196
-
Corporate
113 269
156 000
-
-
income

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

101 942
140 400
-
-
total
101 942
140 400
-
-
Dividends
11 327
15 600
-
-
withholding
2 152
2 964
-
-
total
2 152
2 964
-
-
Income
156 000
156 000
156 000
156 000
Total tax
124 260
143 364
71 645
49 318
After tax
31 740
12 636
84 355
106 682
Living cost
22 566
22 566
22 566
22 566
Free-cash
9 174
-9 930
61 789
84 116

Estimated living cost  is ₽22566 per week

₽16561
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1315
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽455
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4235
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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

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Skopje , Macedonia
₽118661
₽97262
₽76728
₽114293
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
156 000
income
-
-
-
25 592
unemployment
-
-
-
1 792
work injury
-
-
-
747
health insurance
-
-
-
11 051
pensions
-
-
-
27 477
total
-
-
-
66 659
Employee

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

20 181
-
156 000
-
health insurance
1 493
-
5 525
-
unemployment
242
-
896
-
work injury
101
-
373
-
pensions
3 713
-
13 739
-
income
2 018
-
25 592
-
total
7 567
-
46 125
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
135 819
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%.

1 358
1 560
-
-
total
1 358
1 560
-
-
Dividends
134 461
154 440
-
-
withholding
20 169
23 166
-
-
total
20 169
23 166
-
-
Income
156 000
156 000
156 000
156 000
Total tax
29 094
24 726
46 125
66 659
After tax
126 906
131 274
109 875
89 341
Living cost
12 613
12 613
12 613
12 613
Free-cash
114 293
118 661
97 262
76 728

Estimated living cost  is ₽12613 per week

₽7814
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽917
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽393
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3489
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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

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Rome , Italy
₽44977
₽29164
₽36009
₽40727
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
regional
-
-
-
3 564
municipal
-
-
-
1 044
national
-
-
-
38 065
total
-
-
-
82 797
Employee
78 675
-
156 000
-
municipal
470
-
930
-
national
13 295
-
32 950
-
regional
1 188
-
3 160
-
social contributions
26 529
-
52 602
-
total
41 482
-
89 642
-
Employer
78 675
-
156 000
-
total
-
-
-
-
Corporate
77 325
156 000
-
-
municipal
3 728
7 519
-
-
nationa
18 558
37 439
-
-
total
22 286
44 958
-
-
Dividends
55 039
111 041
-
-
withholding
14 311
28 871
-
-
total
14 311
28 871
-
-
Income
156 000
156 000
156 000
156 000
Total tax
78 079
73 829
89 642
82 797
After tax
77 921
82 171
66 358
73 203
Living cost
37 194
37 194
37 194
37 194
Free-cash
40 727
44 977
29 164
36 009

Estimated living cost  is ₽37194 per week

₽26127
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2558
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽562
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7946
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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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