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
₽ 157500
per

Your estimated
City
free-cash

Dresden , Germany
₽49457
₽71351
₽53800
₽60416
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
157 500
income

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

-
-
-
46 797
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.

-
-
-
2 574
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.

-
-
-
6 769
trade
-
-
-
17 551
total
-
-
-
73 691
Employee

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

37 895
-
157 500
-
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.

58
-
2 574
-
income

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

1 059
-
46 797
-
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.

6 769
-
6 769
-
total
7 886
-
56 140
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
119 605
157 500
-
-
income
17 940
23 624
-
-
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.

987
1 299
-
-
chamber of commerce
322
376
-
-
trade
18 837
24 807
-
-
total
38 086
50 106
-
-
Dividends
81 519
107 394
-
-
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.

1 100
1 455
-
-
withholding
20 003
26 473
-
-
total
21 103
27 928
-
-
Income
157 500
157 500
157 500
157 500
Total tax
67 075
78 034
56 140
73 691
After tax
90 425
79 466
101 360
83 809
Living cost
30 009
30 009
30 009
30 009
Free-cash
60 416
49 457
71 351
53 800

Estimated living cost  is ₽30009 per week

₽18877
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3499
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽560
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7073
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽45793
₽42114
₽40878
₽44920
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
157 500
social contributions
-
-
-
1 693
municipal
-
-
-
17 078
national
-
-
-
26 464
pensions
-
-
-
18 900
total
-
-
-
64 135
Employee
81 365
-
136 157
-
municipal
10 050
-
17 688
-
pensions
3 255
-
5 446
-
national
15 573
-
27 408
-
total
28 878
-
50 542
-
Employer
81 365
-
136 157
-
pensions
6 509
-
10 893
-
social contributions
875
-
1 464
-
total
7 384
-
12 357
-
Corporate
63 381
157 500
-
-
income

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

12 676
31 500
-
-
total
12 676
31 500
-
-
Dividends
50 705
126 000
-
-
withholding
11 155
27 720
-
-
total
11 155
27 720
-
-
Income
157 500
157 500
157 500
157 500
Total tax
60 093
59 220
62 899
64 135
After tax
97 407
98 280
94 601
93 365
Living cost
52 487
52 487
52 487
52 487
Free-cash
44 920
45 793
42 114
40 878

Estimated living cost  is ₽52487 per week

₽35675
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4879
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽786
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽11148
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽105388
₽74249
₽32277
₽97259
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
157 500
income
-
-
-
26 489
surtax
-
-
-
40 162
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.

-
-
-
37 960
microenterprise
-
-
-
-
total
-
-
-
104 611
Employee
28 951
-
114 771
-
surtax
-
-
-
-
social contributions

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

3 185
-
12 625
-
income
5 154
-
22 366
-
total
8 339
-
34 991
-
Employer
28 951
-
114 771
-
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.

6 974
-
27 648
-
surtax
-
-
-
-
total
6 974
-
27 648
-
Corporate
121 576
157 500
-
-
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%.

24 316
31 500
-
-
total
24 316
31 500
-
-
Dividends

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

97 260
126 000
-
-
total
-
-
-
-
Income
157 500
157 500
157 500
157 500
Total tax
39 629
31 500
62 639
104 611
After tax
117 871
126 000
94 861
52 889
Living cost
20 612
20 612
20 612
20 612
Free-cash
97 259
105 388
74 249
32 277

Estimated living cost  is ₽20612 per week

₽13150
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1963
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽468
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5031
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽36218
₽55052
₽46634
₽30151
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
157 500
income
-
-
-
45 537
health
-
-
-
12 217
pensions
-
-
-
11 608
total
-
-
-
69 362
Employee
84 607
84 607
139 088
-
pensions
15 229
11 608
11 608
-
income

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

13 849
13 849
18 707
-
health
12 986
11 046
12 217
-
total
42 064
36 503
42 532
-
Employer
84 607
84 607
139 088
-
health
5 881
5 881
7 308
-
pensions
5 889
5 889
7 319
-
unemployment
3 046
3 046
3 785
-
total
14 816
14 816
18 412
-
Corporate
59 115
58 077
-
-
income
11 822
11 616
-
-
total
11 822
11 616
-
-
Dividends
47 293
46 462
-
-
income
10 049
9 873
-
-
withholding
7 094
6 970
-
-
total
17 143
16 843
-
-
Income
157 500
157 500
157 500
157 500
Total tax
85 845
79 778
60 944
69 362
After tax
71 655
77 722
96 556
88 138
Living cost
41 504
41 504
41 504
41 504
Free-cash
30 151
36 218
55 052
46 634

Estimated living cost  is ₽41504 per week

₽29413
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3742
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽660
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7690
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽45239
₽40514
₽41502
₽44325
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
157 500
accident
-
-
-
179
other
-
-
-
10 379
unemployment
-
-
-
89
health
-
-
-
5 574
municipal
-
-
-
39 250
national
-
-
-
10 115
pensions
-
-
-
9 656
total
-
-
-
75 242
Employee
58 073
-
129 435
-
municipal
17 317
-
38 597
-
national
-
-
9 568
-
total
17 317
-
48 165
-
Employer
58 073
-
129 435
-
health
3 571
-
5 493
-
pensions
6 278
-
9 656
-
accident
116
-
179
-
unemployment
1 533
-
2 358
-
other
6 748
-
10 379
-
total
18 246
-
28 065
-
Corporate
81 180
157 500
-
-
income
17 860
34 650
-
-
total
17 860
34 650
-
-
Dividends
63 321
122 850
-
-
withholding
18 996
36 855
-
-
total
18 996
36 855
-
-
Income
157 500
157 500
157 500
157 500
Total tax
72 419
71 505
76 230
75 242
After tax
85 081
85 995
81 270
82 258
Living cost
40 756
40 756
40 756
40 756
Free-cash
44 325
45 239
40 514
41 502

Estimated living cost  is ₽40756 per week

₽27011
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3999
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽619
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9126
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽39737
₽62439
₽44107
₽53654
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
157 500
income

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

-
-
-
46 797
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.

-
-
-
2 574
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.

-
-
-
6 769
trade
-
-
-
18 332
total
-
-
-
74 472
Employee

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

50 244
-
157 500
-
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.

237
-
2 574
-
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.

4 317
-
46 797
-
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.

6 769
-
6 769
-
total
11 323
-
56 140
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
107 256
157 500
-
-
income
16 089
23 624
-
-
surtax

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

886
1 299
-
-
chamber of commerce
303
374
-
-
trade
17 643
25 909
-
-
total
34 921
51 206
-
-
Dividends
72 336
106 294
-
-
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.

974
1 440
-
-
withholding
17 707
26 196
-
-
total
18 681
27 636
-
-
Income
157 500
157 500
157 500
157 500
Total tax
64 925
78 842
56 140
74 472
After tax
92 575
78 658
101 360
83 028
Living cost
38 921
38 921
38 921
38 921
Free-cash
53 654
39 737
62 439
44 107

Estimated living cost  is ₽38921 per week

₽26031
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4104
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽581
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8205
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽82820
₽74938
₽76368
₽78711
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
157 500
income
-
-
-
28 951
social contributions
-
-
-
16 030
health
-
-
-
4 016
total
-
-
-
48 997
Employee
76 185
76 185
146 266
-
social contributions
3 702
6 323
8 528
-
income
8 000
7 052
28 178
-
health
758
1 295
2 487
-
total
12 460
14 670
39 193
-
Employer
76 185
76 185
146 266
-
health
825
1 410
2 706
-
social contributions
3 702
6 323
8 528
-
total
4 527
7 733
11 234
-
Corporate
108 377
73 582
-
-
income
13 547
9 198
-
-
total
13 547
9 198
-
-
Dividends
94 831
64 384
-
-
withholding
16 120
10 944
-
-
total
16 120
10 944
-
-
Income
157 500
157 500
157 500
157 500
Total tax
46 654
42 545
50 427
48 997
After tax
110 846
114 955
107 073
108 503
Living cost
32 135
32 135
32 135
32 135
Free-cash
78 711
82 820
74 938
76 368

Estimated living cost  is ₽32135 per week

₽21968
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2510
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.
₽7118
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽70382
₽73172
₽90976
₽70759
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
157 500
income
-
-
-
19 254
unemployment
-
-
-
2 363
health
-
-
-
11 025
pensions
-
-
-
15 750
total
-
-
-
48 392
Employee

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

The minimum wage is 138,000 HUF per month.

26 173
10 417
131 799
-
unemployment
393
156
1 977
-
pensions
2 617
1 042
13 180
-
income
3 200
1 273
16 112
-
health
1 832
729
9 226
-
total
8 042
3 200
40 495
-
Employer

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

The minimum wage is 138,000 HUF per month.

26 173
10 417
131 799
-
pensions
5 104
2 031
25 701
-
total
5 104
2 031
25 701
-
Corporate
126 223
145 052
-
-
income
11 360
13 055
-
-
total
11 360
13 055
-
-
Dividends
114 863
131 997
-
-
social contributions
22 279
25 620
-
-
withholding
21 824
25 080
-
-
total
44 103
50 700
-
-
Income
157 500
157 500
157 500
157 500
Total tax
68 609
68 986
66 196
48 392
After tax
88 891
88 514
91 304
109 108
Living cost
18 132
18 132
18 132
18 132
Free-cash
70 759
70 382
73 172
90 976

Estimated living cost  is ₽18132 per week

₽12373
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1484
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽362
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3913
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽102069
₽66850
₽60489
₽95913
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
157 500
income
-
-
-
21 105
health
-
-
-
20 475
pensions
-
-
-
31 500
total
-
-
-
73 080
Employee
28 106
-
117 714
-
unemployment
449
-
1 884
-
pensions
562
-
2 354
-
income
3 164
-
22 695
-
total
4 175
-
26 933
-
Employer
28 106
-
117 714
-
health
3 653
-
15 303
-
pensions
5 622
-
23 541
-
unemployment
226
-
942
-
total
9 501
-
39 786
-
Corporate
119 893
157 500
-
-
income
23 980
31 500
-
-
total
23 980
31 500
-
-
Dividends
95 914
126 000
-
-
total
-
-
-
-
Income
157 500
157 500
157 500
157 500
Total tax
37 656
31 500
66 719
73 080
After tax
119 844
126 000
90 781
84 420
Living cost
23 931
23 931
23 931
23 931
Free-cash
95 913
102 069
66 850
60 489

Estimated living cost  is ₽23931 per week

₽16414
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1425
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽481
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5610
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽9302
₽62820
₽85677
₽9375
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
157 500
accident
-
-
-
253
income
-
-
-
42 780
other
-
-
-
372
health
-
-
-
2 187
pensions
-
-
-
4 172
total
-
-
-
49 764
Employee
34 699
-
140 659
-
pensions
3 907
-
7 650
-
income
4 760
-
32 024
-
health
3 973
-
16 105
-
total
12 640
-
55 779
-
Employer
34 699
-
140 659
-
pensions
5 642
-
11 047
-
accident
579
-
2 349
-
unemployment
850
-
3 446
-
total
7 071
-
16 842
-
Corporate
115 729
157 500
-
-
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.

104 156
141 750
-
-
total
104 156
141 750
-
-
Dividends
11 573
15 750
-
-
withholding
2 199
2 993
-
-
total
2 199
2 993
-
-
Income
157 500
157 500
157 500
157 500
Total tax
126 066
144 743
72 621
49 764
After tax
31 434
12 757
84 879
107 736
Living cost
22 059
22 059
22 059
22 059
Free-cash
9 375
-9 302
62 820
85 677

Estimated living cost  is ₽22059 per week

₽16167
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1222
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽460
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4209
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽141519
₽117894
₽147819
₽140000
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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%.

-
-
-
157 500
microenterprise

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

-
-
-
1 575
total
-
-
-
1 575
Employee
10 133
-
157 500
-
income
2 026
-
31 500
-
total
2 026
-
31 500
-
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%.

147 367
157 500
-
-
total
-
-
-
-
Dividends
147 367
157 500
-
-
withholding
7 368
7 875
-
-
total
7 368
7 875
-
-
Income
157 500
157 500
157 500
157 500
Total tax
9 394
7 875
31 500
1 575
After tax
148 106
149 625
126 000
155 925
Living cost
8 106
8 106
8 106
8 106
Free-cash
140 000
141 519
117 894
147 819

Estimated living cost  is ₽8106 per week

₽5024
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽674
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽223
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2186
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽89315
₽63274
₽58459
₽82623
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
157 500
income
-
-
-
22 697
other
-
-
-
7 156
health
-
-
-
6 629
pensions

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

-
-
-
36 159
total
-
-
-
72 641
Employee
35 974
-
125 801
-
unemployment
359
-
1 258
-
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.

2 518
-
8 805
-
income
6 193
-
24 301
-
health
504
-
1 762
-
total
9 574
-
36 126
-
Employer
35 974
-
125 801
-
health
504
-
1 762
-
pensions

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

6 116
-
21 385
-
accident
288
-
1 006
-
unemployment
359
-
1 258
-
other
1 799
-
6 289
-
total
9 066
-
31 700
-
Corporate
112 460
157 500
-
-
income
23 617
33 076
-
-
total
23 617
33 076
-
-
Dividends
88 844
124 424
-
-
withholding
6 220
8 709
-
-
total
6 220
8 709
-
-
Income
157 500
157 500
157 500
157 500
Total tax
48 477
41 785
67 826
72 641
After tax
109 023
115 715
89 674
84 859
Living cost
26 400
26 400
26 400
26 400
Free-cash
82 623
89 315
63 274
58 459

Estimated living cost  is ₽26400 per week

₽18653
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1782
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽425
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5539
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽38864
₽25330
₽39675
₽38461
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
157 500
income
-
-
-
43 280
pensions
-
-
-
8 552
total
-
-
-
51 832
Employee
93 370
-
137 737
-
pensions
9 008
-
10 638
-
income
16 831
-
33 716
-
health
1 539
-
2 061
-
total
27 378
-
46 415
-
Employer
93 370
-
137 737
-
health
1 773
-
2 616
-
pensions
11 024
-
17 146
-
total
12 797
-
19 762
-
Corporate
51 332
157 500
-
-
income

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

9 753
29 924
-
-
total
9 753
29 924
-
-
Dividends
41 579
127 576
-
-
withholding
3 118
22 719
-
-
total
3 118
22 719
-
-
Income
157 500
157 500
157 500
157 500
Total tax
53 046
52 643
66 177
51 832
After tax
104 454
104 857
91 323
105 668
Living cost
65 993
65 993
65 993
65 993
Free-cash
38 461
38 864
25 330
39 675

Estimated living cost  is ₽65993 per week

₽49450
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽7754
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.
₽8254
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽121672
₽117636
₽111645
₽117072
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
157 500
income
-
-
-
23 625
unemployment
-
-
-
138
health
-
-
-
3 980
pensions

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

-
-
-
5 122
total
-
-
-
32 865
Employee
17 201
-
150 710
-
accident

We are using the highest rate at 1.1%.

189
-
381
-
pensions

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

1 510
-
3 039
-
income
1 720
-
15 071
-
health
791
-
1 592
-
total
4 210
-
20 083
-
Employer
17 201
-
150 710
-
health
1 187
-
2 388
-
pensions

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

1 896
-
3 814
-
accident

We are using the highest rate at 1.1%.

189
-
381
-
unemployment
103
-
208
-
total
3 375
-
6 791
-
Corporate
136 924
157 500
-
-
income
13 692
15 750
-
-
total
13 692
15 750
-
-
Dividends
123 232
141 750
-
-
withholding
6 161
7 088
-
-
total
6 161
7 088
-
-
Income
157 500
157 500
157 500
157 500
Total tax
27 438
22 838
26 874
32 865
After tax
130 062
134 662
130 626
124 635
Living cost
12 990
12 990
12 990
12 990
Free-cash
117 072
121 672
117 636
111 645

Estimated living cost  is ₽12990 per week

₽7584
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽928
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽344
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4135
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽22783
₽41617
₽33199
₽25277
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
157 500
income
-
-
-
45 537
health
-
-
-
12 217
pensions
-
-
-
11 608
total
-
-
-
69 362
Employee
91 856
84 607
139 088
-
pensions
11 608
11 608
11 608
-
income

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

13 849
13 849
18 707
-
health
11 460
11 046
12 217
-
total
36 917
36 503
42 532
-
Employer
91 856
84 607
139 088
-
health
6 383
5 881
7 308
-
pensions
6 393
5 889
7 319
-
unemployment
3 307
3 046
3 785
-
total
16 083
14 816
18 412
-
Corporate
49 561
58 077
-
-
income
9 912
11 616
-
-
total
9 912
11 616
-
-
Dividends
39 649
46 462
-
-
income
8 425
9 873
-
-
withholding
5 947
6 970
-
-
total
14 372
16 843
-
-
Income
157 500
157 500
157 500
157 500
Total tax
77 284
79 778
60 944
69 362
After tax
80 216
77 722
96 556
88 138
Living cost
54 939
54 939
54 939
54 939
Free-cash
25 277
22 783
41 617
33 199

Estimated living cost  is ₽54939 per week

₽40527
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4907
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽630
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8876
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽83838
₽55325
₽61111
₽75061
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
157 500
income
-
-
-
15 126
social contributions
-
-
-
35 400
solidarity contribution
-
-
-
-
health
-
-
-
21 262
total
-
-
-
71 788
Employee
36 178
-
117 537
-
solidarity contribution
-
-
-
-
social contributions
2 352
-
7 640
-
income
4 341
-
14 104
-
health
4 884
-
15 868
-
total
11 577
-
37 612
-
Employer
36 178
-
117 537
-
health
3 256
-
10 578
-
social contributions
9 045
-
29 384
-
total
12 301
-
39 962
-
Corporate
109 021
157 500
-
-
income
20 714
29 925
-
-
total
20 714
29 925
-
-
Dividends
88 307
127 575
-
-
withholding
13 246
19 136
-
-
total
13 246
19 136
-
-
Income
157 500
157 500
157 500
157 500
Total tax
57 838
49 061
77 574
71 788
After tax
99 662
108 439
79 926
85 712
Living cost
24 601
24 601
24 601
24 601
Free-cash
75 061
83 838
55 325
61 111

Estimated living cost  is ₽24601 per week

₽17088
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1750
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽484
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5279
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽42226
₽27347
₽34461
₽37053
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
157 500
social contributions
-
-
-
40 510
regional
-
-
-
1 841
municipal
-
-
-
936
national
-
-
-
37 945
total
-
-
-
81 232
Employee
88 053
-
157 500
-
municipal
466
-
835
-
national
15 257
-
32 779
-
regional
831
-
1 623
-
social contributions
29 691
-
53 109
-
total
46 245
-
88 346
-
Employer
88 053
-
157 500
-
total
-
-
-
-
Corporate
69 447
157 500
-
-
municipal
2 709
6 142
-
-
nationa
16 668
37 801
-
-
total
19 377
43 943
-
-
Dividends
50 070
113 557
-
-
withholding
13 018
29 524
-
-
total
13 018
29 524
-
-
Income
157 500
157 500
157 500
157 500
Total tax
78 640
73 467
88 346
81 232
After tax
78 860
84 033
69 154
76 268
Living cost
41 807
41 807
41 807
41 807
Free-cash
37 053
42 226
27 347
34 461

Estimated living cost  is ₽41807 per week

₽29142
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2741
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽641
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9280
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽77205
₽47001
₽52881
₽74119
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
157 500
income
-
-
-
40 736
other
-
-
-
-
surtax
-
-
-
5 960
unemployment
-
-
-
226
health
-
-
-
9 388
pensions
-
-
-
26 446
total
-
-
-
82 756
Employee
32 764
-
130 110
-
other
-
-
-
-
unemployment
2 281
-
9 055
-
pensions
2 185
-
8 679
-
surtax
107
-
5 031
-
income
5 492
-
35 163
-
health
837
-
3 318
-
total
10 902
-
61 246
-
Employer
32 764
-
130 110
-
health
1 491
-
5 921
-
pensions
4 368
-
17 344
-
unemployment
1 038
-
4 125
-
other
-
-
-
-
total
6 897
-
27 390
-
Corporate
117 840
157 500
-
-
income
30 639
40 950
-
-
total
30 639
40 950
-
-
Dividends
87 201
116 550
-
-
withholding
13 080
17 482
-
-
total
13 080
17 482
-
-
Income
157 500
157 500
157 500
157 500
Total tax
61 518
58 432
88 636
82 756
After tax
95 982
99 068
68 864
74 744
Living cost
21 863
21 863
21 863
21 863
Free-cash
74 119
77 205
47 001
52 881

Estimated living cost  is ₽21863 per week

₽13368
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2017
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽504
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5973
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽59772
₽46238
₽60583
₽65158
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
157 500
income
-
-
-
43 280
pensions
-
-
-
8 552
total
-
-
-
51 832
Employee
62 574
-
137 737
-
pensions
5 311
-
10 638
-
income
11 270
-
33 716
-
health
908
-
2 061
-
total
17 489
-
46 415
-
Employer
62 574
-
137 737
-
health
1 189
-
2 616
-
pensions
6 774
-
17 146
-
total
7 963
-
19 762
-
Corporate
86 964
157 500
-
-
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.

16 522
29 924
-
-
total
16 522
29 924
-
-
Dividends
70 441
127 576
-
-
withholding
5 283
22 719
-
-
total
5 283
22 719
-
-
Income
157 500
157 500
157 500
157 500
Total tax
47 257
52 643
66 177
51 832
After tax
110 243
104 857
91 323
105 668
Living cost
45 085
45 085
45 085
45 085
Free-cash
65 158
59 772
46 238
60 583

Estimated living cost  is ₽45085 per week

₽33777
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3379
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽472
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7456
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽6333
₽42634
₽50290
₽27196
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
157 500
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.

-
-
-
3 149
regional
-
-
-
7 188
health
-
-
-
354
city
-
-
-
1 660
national
-
-
-
2 015
pensions
-
-
-
14 491
total
-
-
-
28 857
Employee
91 693
-
140 970
-
unemployment
-
-
-
-
pensions
7 703
-
11 841
-
national
434
-
1 653
-
regional
3 002
-
6 208
-
city
984
-
1 515
-
health
207
-
318
-
total
12 330
-
21 535
-
Employer
91 693
-
140 970
-
health
207
-
318
-
pensions
7 703
-
11 841
-
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.

1 833
-
2 819
-
total
9 743
-
14 978
-
Corporate
55 055
157 500
-
-
regional
11 644
33 311
-
-
national
4 679
13 388
-
-
total
16 323
46 699
-
-
Dividends
38 732
110 800
-
-
withholding
13 555
38 781
-
-
total
13 555
38 781
-
-
Income
157 500
157 500
157 500
157 500
Total tax
51 951
85 480
36 513
28 857
After tax
105 549
72 020
120 987
128 643
Living cost
78 353
78 353
78 353
78 353
Free-cash
27 196
-6 333
42 634
50 290

Estimated living cost  is ₽78353 per week

₽50952
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽7031
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽962
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽19407
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽32461
₽55973
₽36861
₽48525
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
157 500
income

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

-
-
-
46 797
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.

-
-
-
2 574
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.

-
-
-
6 769
trade
-
-
-
19 112
total
-
-
-
75 252
Employee

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

59 543
-
157 500
-
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.

385
-
2 574
-
income

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

7 002
-
46 797
-
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.

6 769
-
6 769
-
total
14 156
-
56 140
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
97 957
157 500
-
-
income
14 693
23 624
-
-
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.

808
1 299
-
-
chamber of commerce
288
372
-
-
trade
16 799
27 010
-
-
total
32 588
52 305
-
-
Dividends
65 368
105 194
-
-
surtax

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

878
1 425
-
-
withholding
15 966
25 922
-
-
total
16 844
27 347
-
-
Income
157 500
157 500
157 500
157 500
Total tax
63 588
79 652
56 140
75 252
After tax
93 912
77 848
101 360
82 248
Living cost
45 387
45 387
45 387
45 387
Free-cash
48 525
32 461
55 973
36 861

Estimated living cost  is ₽45387 per week

₽33149
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3631
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽590
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8019
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽45482
₽54553
₽55133
₽51335
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
157 500
income
-
-
-
23 263
other
-
-
-
4 883
surtax
-
-
-
-
social contributions
-
-
-
4 488
health
-
-
-
6 129
pensions
-
-
-
29 707
total
-
-
-
68 470
Employee
42 403
-
122 995
-
pensions
4 794
-
8 098
-
surtax
-
-
-
-
social contributions
1 209
-
3 505
-
income
2 502
-
22 941
-
total
8 505
-
34 544
-
Employer
42 403
-
122 995
-
health
2 969
-
10 840
-
pensions
6 966
-
13 713
-
unemployment
1 717
-
4 981
-
social contributions
128
-
369
-
other
1 463
-
4 603
-
total
13 243
-
34 506
-
Corporate
101 855
157 500
-
-
income
28 520
44 099
-
-
surtax
-
-
-
-
total
28 520
44 099
-
-
Dividends
73 335
113 401
-
-
surtax
-
-
-
-
social contributions
12 612
19 507
-
-
withholding
9 388
14 515
-
-
total
22 000
34 022
-
-
Income
157 500
157 500
157 500
157 500
Total tax
72 268
78 121
69 050
68 470
After tax
85 232
79 379
88 450
89 030
Living cost
33 897
33 897
33 897
33 897
Free-cash
51 335
45 482
54 553
55 133

Estimated living cost  is ₽33897 per week

₽21374
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2756
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽577
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9192
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽48840
₽57911
₽58491
₽54346
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
157 500
income
-
-
-
23 263
other
-
-
-
4 883
surtax
-
-
-
-
social contributions
-
-
-
4 488
health
-
-
-
6 129
pensions
-
-
-
29 707
total
-
-
-
68 470
Employee
37 851
-
122 995
-
pensions
4 281
-
8 098
-
surtax
-
-
-
-
social contributions
1 079
-
3 505
-
income
1 952
-
22 941
-
total
7 312
-
34 544
-
Employer
37 851
-
122 995
-
health
2 649
-
10 840
-
pensions
6 220
-
13 713
-
unemployment
1 532
-
4 981
-
social contributions
113
-
369
-
other
1 307
-
4 603
-
total
11 821
-
34 506
-
Corporate
107 829
157 500
-
-
income
30 192
44 099
-
-
surtax
-
-
-
-
total
30 192
44 099
-
-
Dividends
77 637
113 401
-
-
surtax
-
-
-
-
social contributions
13 353
19 507
-
-
withholding
9 937
14 515
-
-
total
23 290
34 022
-
-
Income
157 500
157 500
157 500
157 500
Total tax
72 615
78 121
69 050
68 470
After tax
84 885
79 379
88 450
89 030
Living cost
30 539
30 539
30 539
30 539
Free-cash
54 346
48 840
57 911
58 491

Estimated living cost  is ₽30539 per week

₽17711
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3102
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽579
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9147
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽75082
₽77390
₽80139
₽75594
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
157 500
income
-
-
-
23 624
social contributions
-
-
-
21 735
health
-
-
-
10 993
total
-
-
-
56 352
Employee
33 593
-
157 500
-
social contributions
4 636
-
21 735
-
income
5 603
-
26 373
-
health
2 345
-
10 993
-
total
12 584
-
59 101
-
Employer
33 593
-
157 500
-
total
-
-
-
-
Corporate
123 907
157 500
-
-
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%.

6 195
7 874
-
-
total
6 195
7 874
-
-
Dividends
117 712
149 626
-
-
social contributions
16 245
20 648
-
-
withholding
17 657
22 443
-
-
health
8 216
10 444
-
-
total
42 118
53 535
-
-
Income
157 500
157 500
157 500
157 500
Total tax
60 897
61 409
59 101
56 352
After tax
96 603
96 091
98 399
101 148
Living cost
21 009
21 009
21 009
21 009
Free-cash
75 594
75 082
77 390
80 139

Estimated living cost  is ₽21009 per week

₽14060
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1295
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽483
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5169
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽52394
₽6448
₽45877
₽50866
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
157 500
income
-
-
-
39 542
surtax
-
-
-
196
unemployment
-
-
-
6 077
chamber of commerce
-
-
-
630
health
-
-
-
8 854
pensions
-
-
-
21 413
total
-
-
-
76 712
Employee
49 514
39 483
123 432
-
other
494
395
1 158
-
unemployment
1 485
1 185
3 473
-
pensions
5 071
4 042
11 853
-
income
5 637
2 912
31 192
-
health
1 916
1 529
4 479
-
total
14 603
10 063
52 155
-
Employer
49 514
39 483
123 432
-
chamber of commerce
197
158
494
-
health
1 871
1 493
4 375
-
pensions
6 214
4 956
14 526
-
accident
643
513
1 504
-
unemployment
1 485
1 185
3 473
-
surtax
196
196
196
-
payroll
1 485
1 185
3 702
-
other
2 352
1 875
5 797
-
total
14 443
11 561
34 067
-
Corporate
93 543
106 457
119 673
-
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.

23 385
26 614
29 919
-
total
23 385
26 614
29 919
-
Dividends
70 157
79 844
-
-
withholding
19 292
21 957
-
-
total
19 292
21 957
-
-
Income
157 500
157 500
157 500
157 500
Total tax
71 723
70 195
116 141
76 712
After tax
85 777
87 305
41 359
80 788
Living cost
34 911
34 911
34 911
34 911
Free-cash
50 866
52 394
6 448
45 877

Estimated living cost  is ₽34911 per week

₽23284
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2978
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽573
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8075
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽51995
₽20279
₽32147
₽37136
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
157 500
communal

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

-
-
-
7 981
social contributions
-
-
-
24 476
national
-
-
-
56 771
total
-
-
-
89 228
Employee

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

70 870
-
121 986
-
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.

617
-
1 060
-
communal

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

3 696
-
6 362
-
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.

5 315
-
9 149
-
national
21 788
-
43 281
-
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.

3 330
-
5 733
-
total
34 746
-
65 585
-
Employer

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

70 870
-
121 986
-
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.

4 358
-
7 502
-
pensions

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

6 280
-
10 807
-
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.

921
-
1 587
-
unemployment

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

1 034
-
1 781
-
surtax
8 036
-
13 834
-
total
20 629
-
35 511
-
Corporate
66 001
157 500
-
-
income
13 201
31 500
-
-
surtax
263
630
-
-
total
13 464
32 130
-
-
Dividends
52 537
125 370
-
-
withholding

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

15 400
37 250
-
-
total
15 400
37 250
-
-
Income
157 500
157 500
157 500
157 500
Total tax
84 239
69 380
101 096
89 228
After tax
73 261
88 120
56 404
68 272
Living cost
36 125
36 125
36 125
36 125
Free-cash
37 136
51 995
20 279
32 147

Estimated living cost  is ₽36125 per week

₽23269
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3159
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽566
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9132
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽69409
₽48642
₽52799
₽62313
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
157 500
accident
-
-
-
827
income
-
-
-
41 370
other
-
-
-
92
unemployment
-
-
-
643
pensions
-
-
-
25 988
total
-
-
-
68 920
Employee
49 318
-
128 224
-
other
49
-
92
-
unemployment
765
-
1 423
-
pensions
2 318
-
4 317
-
income
10 406
-
37 969
-
total
13 538
-
43 801
-
Employer
49 318
-
128 224
-
pensions
11 638
-
21 673
-
accident
976
-
1 818
-
unemployment
2 713
-
5 050
-
other
393
-
735
-
total
15 720
-
29 276
-
Corporate
92 462
157 500
-
-
income

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

13 870
23 624
-
-
total
13 870
23 624
-
-
Dividends
78 592
133 876
-
-
withholding
16 278
28 686
-
-
total
16 278
28 686
-
-
Income
157 500
157 500
157 500
157 500
Total tax
59 406
52 310
73 077
68 920
After tax
98 094
105 190
84 423
88 580
Living cost
35 781
35 781
35 781
35 781
Free-cash
62 313
69 409
48 642
52 799

Estimated living cost  is ₽35781 per week

₽26349
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2538
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽515
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6378
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽39306
₽32212
₽25933
₽27461
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
157 500
communal
-
-
-
9 954
accident
-
-
-
1 327
income
-
-
-
23 962
surtax
-
-
-
7 808
health
-
-
-
11 067
pensions
-
-
-
23 607
total
-
-
-
77 725
Employee
75 030
-
140 689
-
pensions
6 001
-
11 255
-
surtax
4 599
-
8 622
-
income
7 247
-
28 497
-
health
3 339
-
6 261
-
total
21 186
-
54 635
-
Employer
75 030
-
140 689
-
health
2 288
-
4 291
-
pensions
6 001
-
11 255
-
accident
675
-
1 265
-
total
8 964
-
16 811
-
Corporate
73 506
157 500
-
-
communal
4 962
10 630
-
-
income
11 025
23 624
-
-
surtax
771
1 655
-
-
total
16 758
35 909
-
-
Dividends
56 748
121 591
-
-
income
20 778
10 204
-
-
withholding
8 511
18 239
-
-
total
29 289
28 443
-
-
Income
157 500
157 500
157 500
157 500
Total tax
76 197
64 352
71 446
77 725
After tax
81 303
93 148
86 054
79 775
Living cost
53 842
53 842
53 842
53 842
Free-cash
27 461
39 306
32 212
25 933

Estimated living cost  is ₽53842 per week

₽40390
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3262
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽570
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9619
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽76814
₽46610
₽52490
₽73663
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
157 500
income
-
-
-
40 736
other
-
-
-
-
surtax
-
-
-
5 960
unemployment
-
-
-
226
health
-
-
-
9 388
pensions
-
-
-
26 446
total
-
-
-
82 756
Employee
33 365
-
130 110
-
other
-
-
-
-
unemployment
2 322
-
9 055
-
pensions
2 226
-
8 679
-
surtax
118
-
5 031
-
income
5 593
-
35 163
-
health
852
-
3 318
-
total
11 111
-
61 246
-
Employer
33 365
-
130 110
-
health
1 517
-
5 921
-
pensions
4 448
-
17 344
-
unemployment
1 059
-
4 125
-
other
-
-
-
-
total
7 024
-
27 390
-
Corporate
117 110
157 500
-
-
income
30 449
40 950
-
-
total
30 449
40 950
-
-
Dividends
86 661
116 550
-
-
withholding
12 999
17 482
-
-
total
12 999
17 482
-
-
Income
157 500
157 500
157 500
157 500
Total tax
61 583
58 432
88 636
82 756
After tax
95 917
99 068
68 864
74 744
Living cost
22 254
22 254
22 254
22 254
Free-cash
73 663
76 814
46 610
52 490

Estimated living cost  is ₽22254 per week

₽13436
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1935
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽517
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6368
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽56097
₽41968
₽49044
₽53897
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
157 500
social contributions
-
-
-
40 510
regional
-
-
-
2 376
municipal
-
-
-
936
national
-
-
-
37 945
total
-
-
-
81 767
Employee
54 959
-
157 500
-
municipal
291
-
835
-
national
8 707
-
32 779
-
regional
740
-
2 120
-
social contributions
18 533
-
53 109
-
total
28 271
-
88 843
-
Employer
54 959
-
157 500
-
total
-
-
-
-
Corporate
102 541
157 500
-
-
municipal
5 097
7 827
-
-
nationa
24 609
37 801
-
-
total
29 706
45 628
-
-
Dividends
72 834
111 872
-
-
withholding
18 937
29 086
-
-
total
18 937
29 086
-
-
Income
157 500
157 500
157 500
157 500
Total tax
76 914
74 714
88 843
81 767
After tax
80 586
82 786
68 657
75 733
Living cost
26 689
26 689
26 689
26 689
Free-cash
53 897
56 097
41 968
49 044

Estimated living cost  is ₽26689 per week

₽16598
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2704
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽457
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6930
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽78124
₽49611
₽55397
₽67309
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
157 500
income
-
-
-
15 126
social contributions
-
-
-
35 400
solidarity contribution
-
-
-
-
health
-
-
-
21 262
total
-
-
-
71 788
Employee
44 581
-
117 537
-
solidarity contribution
-
-
-
-
social contributions
2 898
-
7 640
-
income
5 350
-
14 104
-
health
6 018
-
15 868
-
total
14 266
-
37 612
-
Employer
44 581
-
117 537
-
health
4 012
-
10 578
-
social contributions
11 145
-
29 384
-
total
15 157
-
39 962
-
Corporate
97 761
157 500
-
-
income
18 575
29 925
-
-
total
18 575
29 925
-
-
Dividends
79 187
127 575
-
-
withholding
11 878
19 136
-
-
total
11 878
19 136
-
-
Income
157 500
157 500
157 500
157 500
Total tax
59 876
49 061
77 574
71 788
After tax
97 624
108 439
79 926
85 712
Living cost
30 315
30 315
30 315
30 315
Free-cash
67 309
78 124
49 611
55 397

Estimated living cost  is ₽30315 per week

₽22544
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1679
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽524
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5567
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽55802
₽9811
₽49375
₽55316
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
157 500
income
-
-
-
39 542
surtax
-
-
-
-
unemployment
-
-
-
6 077
chamber of commerce
-
-
-
630
health
-
-
-
8 854
pensions
-
-
-
21 413
total
-
-
-
76 516
Employee
43 309
39 483
123 616
-
other
432
395
1 158
-
unemployment
1 299
1 185
3 473
-
pensions
4 435
4 042
11 853
-
income
3 858
2 912
31 269
-
health
1 675
1 529
4 479
-
total
11 699
10 063
52 232
-
Employer
43 309
39 483
123 616
-
chamber of commerce
173
158
494
-
health
1 638
1 493
4 375
-
pensions
5 436
4 956
14 526
-
accident
562
513
1 504
-
unemployment
1 299
1 185
3 473
-
surtax
-
-
-
-
payroll
1 299
1 185
3 708
-
other
2 057
1 875
5 804
-
total
12 464
11 365
33 884
-
Corporate
101 727
106 653
119 855
-
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.

25 431
26 663
29 964
-
total
25 431
26 663
29 964
-
Dividends
76 296
79 990
-
-
withholding
20 981
21 998
-
-
total
20 981
21 998
-
-
Income
157 500
157 500
157 500
157 500
Total tax
70 575
70 089
116 080
76 516
After tax
86 925
87 411
41 420
80 984
Living cost
31 609
31 609
31 609
31 609
Free-cash
55 316
55 802
9 811
49 375

Estimated living cost  is ₽31609 per week

₽18961
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3228
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽564
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8856
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽136993
₽113368
₽143293
₽134624
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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%.

-
-
-
157 500
microenterprise

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

-
-
-
1 575
total
-
-
-
1 575
Employee
15 791
-
157 500
-
income
3 158
-
31 500
-
total
3 158
-
31 500
-
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%.

141 709
157 500
-
-
total
-
-
-
-
Dividends
141 709
157 500
-
-
withholding
7 086
7 875
-
-
total
7 086
7 875
-
-
Income
157 500
157 500
157 500
157 500
Total tax
10 244
7 875
31 500
1 575
After tax
147 256
149 625
126 000
155 925
Living cost
12 632
12 632
12 632
12 632
Free-cash
134 624
136 993
113 368
143 293

Estimated living cost  is ₽12632 per week

₽8548
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽530
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽424
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3130
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽81865
₽47042
₽51213
₽73578
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
157 500
income
-
-
-
35 215
unemployment
-
-
-
237
health
-
-
-
15 498
pensions
-
-
-
28 763
total
-
-
-
79 713
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.

43 812
-
136 282
-
unemployment
62
-
190
-
pensions
6 791
-
21 124
-
income
7 555
-
32 549
-
health
2 830
-
8 803
-
total
17 238
-
62 666
-
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.

43 812
-
136 282
-
health
2 918
-
9 076
-
pensions
3 877
-
12 061
-
unemployment
26
-
81
-
total
6 821
-
21 218
-
Corporate
106 867
157 500
-
-
income
20 304
29 925
-
-
total
20 304
29 925
-
-
Dividends
86 563
127 575
-
-
withholding
12 984
19 136
-
-
total
12 984
19 136
-
-
Income
157 500
157 500
157 500
157 500
Total tax
57 347
49 061
83 884
79 713
After tax
100 153
108 439
73 616
77 787
Living cost
26 574
26 574
26 574
26 574
Free-cash
73 578
81 865
47 042
51 213

Estimated living cost  is ₽26574 per week

₽18238
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1703
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽515
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6120
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽52431
₽100878
₽65453
₽4597
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
157 500
income
-
-
-
30 700
social contributions
-
-
-
17 955
total
-
-
-
48 655
Employee
62 218
-
-
-
social contributions
5 102
-
727
-
income
13 724
-
-
-
total
18 826
-
727
-
Employer
62 218
-
-
-
social contributions
87 727
-
12 503
-
total
87 727
-
12 503
-
Corporate
7 554
157 500
-
-
income
1 662
34 650
-
-
total
1 662
34 650
-
-
Dividends
5 893
122 850
-
-
income
1 296
27 027
-
-
total
1 296
27 027
-
-
Income
157 500
157 500
157 500
157 500
Total tax
109 511
61 677
13 230
48 655
After tax
47 989
95 823
144 270
108 845
Living cost
43 392
43 392
43 392
43 392
Free-cash
4 597
52 431
100 878
65 453

Estimated living cost  is ₽43392 per week

₽28154
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4081
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽553
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10603
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽58508
₽42422
₽53893
₽57511
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
157 500
income
-
-
-
17 799
surtax
-
-
-
-
social contributions

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

-
-
-
54 731
total
-
-
-
72 530
Employee
45 567
-
127 273
-
surtax
-
-
-
-
social contributions
5 013
-
14 000
-
income
9 478
-
39 774
-
total
14 491
-
53 774
-
Employer
45 567
-
127 273
-
social contributions
10 822
-
30 227
-
total
10 822
-
30 227
-
Corporate
101 110
157 500
-
-
income
21 233
33 076
-
-
surtax
-
-
-
-
total
21 233
33 076
-
-
Dividends
79 878
124 424
-
-
withholding
22 366
34 839
-
-
total
22 366
34 839
-
-
Income
157 500
157 500
157 500
157 500
Total tax
68 912
67 915
84 001
72 530
After tax
88 588
89 585
73 499
84 970
Living cost
31 077
31 077
31 077
31 077
Free-cash
57 511
58 508
42 422
53 893

Estimated living cost  is ₽31077 per week

₽23252
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1833
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.
₽5473
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽31526
₽40597
₽41177
₽38336
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
157 500
income
-
-
-
23 263
other
-
-
-
4 883
surtax
-
-
-
-
social contributions
-
-
-
4 488
health
-
-
-
6 129
pensions
-
-
-
29 707
total
-
-
-
68 470
Employee
62 053
-
122 995
-
pensions
7 019
-
8 098
-
surtax
-
-
-
-
social contributions
1 767
-
3 505
-
income
5 414
-
22 941
-
total
14 200
-
34 544
-
Employer
62 053
-
122 995
-
health
4 343
-
10 840
-
pensions
10 196
-
13 713
-
unemployment
2 514
-
4 981
-
social contributions
186
-
369
-
other
2 142
-
4 603
-
total
19 381
-
34 506
-
Corporate
76 066
157 500
-
-
income
21 298
44 099
-
-
surtax
-
-
-
-
total
21 298
44 099
-
-
Dividends
54 767
113 401
-
-
surtax
-
-
-
-
social contributions
9 421
19 507
-
-
withholding
7 011
14 515
-
-
total
16 432
34 022
-
-
Income
157 500
157 500
157 500
157 500
Total tax
71 311
78 121
69 050
68 470
After tax
86 189
79 379
88 450
89 030
Living cost
47 853
47 853
47 853
47 853
Free-cash
38 336
31 526
40 597
41 177

Estimated living cost  is ₽47853 per week

₽32386
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3914
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽656
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10896
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽111968
₽90985
₽86801
₽108640
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
157 500
income
-
-
-
6 268
social contributions
-
-
-
34 649
total
-
-
-
40 917
Employee
31 852
-
136 363
-
income
-
-
6 733
-
social contributions
2 070
-
8 863
-
total
2 070
-
15 596
-
Employer
31 852
-
136 363
-
social contributions
4 937
-
21 137
-
total
4 937
-
21 137
-
Corporate
120 711
157 500
-
-
income
12 071
15 750
-
-
total
12 071
15 750
-
-
Dividends
108 640
141 750
-
-
total
-
-
-
-
Income
157 500
157 500
157 500
157 500
Total tax
19 078
15 750
36 733
40 917
After tax
138 422
141 750
120 767
116 583
Living cost
29 782
29 782
29 782
29 782
Free-cash
108 640
111 968
90 985
86 801

Estimated living cost  is ₽29782 per week

₽19257
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2245
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽560
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7720
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽58278
-₽58278
₽46174
-₽58278
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
157 500
labour market
-
-
-
12 531
municipal
-
-
-
32 305
national
-
-
-
17 936
pensions
-
-
-
858
total
-
-
-
63 630
Employee
201 314
201 314
201 314
-
municipal
42 869
42 869
42 869
-
labour market
16 082
16 082
16 082
-
pensions
286
286
286
-
national
24 594
24 594
24 594
-
total
83 831
83 831
83 831
-
Employer
201 314
201 314
201 314
-
national
24 637
24 637
24 637
-
labour market
16 105
16 105
16 105
-
pensions
572
572
572
-
municipal
42 937
42 937
42 937
-
total
84 251
84 251
84 251
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
157 500
157 500
157 500
157 500
Total tax
168 082
168 082
168 082
63 630
After tax
-10 582
-10 582
-10 582
93 870
Living cost
47 696
47 696
47 696
47 696
Free-cash
-58 278
-58 278
-58 278
46 174

Estimated living cost  is ₽47696 per week

₽32644
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4219
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽734
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10099
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽8976
₽63146
₽86003
₽9423
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
157 500
accident
-
-
-
253
income
-
-
-
42 780
other
-
-
-
372
health
-
-
-
2 187
pensions
-
-
-
4 172
total
-
-
-
49 764
Employee
34 188
-
140 659
-
pensions
3 850
-
7 650
-
income
4 690
-
32 024
-
health
3 915
-
16 105
-
total
12 455
-
55 779
-
Employer
34 188
-
140 659
-
pensions
5 559
-
11 047
-
accident
571
-
2 349
-
unemployment
838
-
3 446
-
total
6 968
-
16 842
-
Corporate
116 344
157 500
-
-
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.

104 710
141 750
-
-
total
104 710
141 750
-
-
Dividends
11 634
15 750
-
-
withholding
2 211
2 993
-
-
total
2 211
2 993
-
-
Income
157 500
157 500
157 500
157 500
Total tax
126 344
144 743
72 621
49 764
After tax
31 156
12 757
84 879
107 736
Living cost
21 733
21 733
21 733
21 733
Free-cash
9 423
-8 976
63 146
86 003

Estimated living cost  is ₽21733 per week

₽15819
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1239
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽408
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4267
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽61711
₽45666
₽66022
₽63795
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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

-
-
-
157 500
health
-
-
-
2 012
municipal
-
-
-
27 988
national
-
-
-
23 440
total
-
-
-
53 440
Employee
52 126
-
132 498
-
municipal
8 538
-
21 590
-
unemployment
782
-
1 987
-
pensions
3 518
-
8 944
-
national
861
-
14 646
-
health
389
-
1 626
-
total
14 088
-
48 793
-
Employer
52 126
-
132 498
-
health
400
-
1 021
-
pensions
9 044
-
22 989
-
accident
53
-
132
-
unemployment
338
-
861
-
total
9 835
-
25 003
-
Corporate
95 539
157 500
-
-
income
19 108
31 500
-
-
total
19 108
31 500
-
-
Dividends

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

57 323
94 500
-
-
municipal
10 318
17 010
-
-
national
2 318
9 241
-
-
total
12 636
26 251
-
-
Income
157 500
157 500
157 500
157 500
Total tax
55 667
57 751
73 796
53 440
After tax
101 833
99 749
83 704
104 060
Living cost
38 038
38 038
38 038
38 038
Free-cash
63 795
61 711
45 666
66 022

Estimated living cost  is ₽38038 per week

₽24846
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3659
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽605
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8929
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽92016
₽84134
₽85564
₽86624
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
157 500
income
-
-
-
28 951
social contributions
-
-
-
16 030
health
-
-
-
4 016
total
-
-
-
48 997
Employee
76 185
76 185
146 266
-
social contributions
2 880
6 323
8 528
-
income
8 295
7 052
28 178
-
health
590
1 295
2 487
-
total
11 765
14 670
39 193
-
Employer
76 185
76 185
146 266
-
health
641
1 410
2 706
-
social contributions
2 880
6 323
8 528
-
total
3 521
7 733
11 234
-
Corporate
119 274
73 582
-
-
income
14 910
9 198
-
-
total
14 910
9 198
-
-
Dividends
104 364
64 384
-
-
withholding
17 741
10 944
-
-
total
17 741
10 944
-
-
Income
157 500
157 500
157 500
157 500
Total tax
47 937
42 545
50 427
48 997
After tax
109 563
114 955
107 073
108 503
Living cost
22 939
22 939
22 939
22 939
Free-cash
86 624
92 016
84 134
85 564

Estimated living cost  is ₽22939 per week

₽13748
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2251
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.
₽6434
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽114695
₽96098
₽115971
₽109654
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
157 500
income
-
-
-
15 884
unemployment
-
-
-
28
health
-
-
-
3 585
pensions
-
-
-
6 302
total
-
-
-
25 799
Employee

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

22 741
-
147 817
-
unemployment
113
-
470
-
pensions
3 411
-
14 101
-
income
1 555
-
13 428
-
health
1 933
-
7 991
-
total
7 012
-
35 990
-
Employer

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

22 741
-
147 817
-
health
978
-
4 042
-
pensions
1 250
-
5 170
-
unemployment
113
-
470
-
total
2 341
-
9 682
-
Corporate
132 418
157 500
-
-
income
11 918
14 175
-
-
total
11 918
14 175
-
-
Dividends
120 499
143 325
-
-
withholding
10 845
12 900
-
-
total
10 845
12 900
-
-
Income
157 500
157 500
157 500
157 500
Total tax
32 116
27 075
45 672
25 799
After tax
125 384
130 425
111 828
131 701
Living cost
15 730
15 730
15 730
15 730
Free-cash
109 654
114 695
96 098
115 971

Estimated living cost  is ₽15730 per week

₽10036
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1134
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽468
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4091
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽77945
₽57178
₽61335
₽73544
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
157 500
accident
-
-
-
827
income
-
-
-
41 370
other
-
-
-
92
unemployment
-
-
-
643
pensions
-
-
-
25 988
total
-
-
-
68 920
Employee
36 634
-
128 224
-
other
36
-
92
-
unemployment
568
-
1 423
-
pensions
1 722
-
4 317
-
income
7 063
-
37 969
-
total
9 389
-
43 801
-
Employer
36 634
-
128 224
-
pensions
8 645
-
21 673
-
accident
726
-
1 818
-
unemployment
2 016
-
5 050
-
other
293
-
735
-
total
11 680
-
29 276
-
Corporate
109 186
157 500
-
-
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.

16 378
23 624
-
-
total
16 378
23 624
-
-
Dividends
92 808
133 876
-
-
withholding
19 264
28 686
-
-
total
19 264
28 686
-
-
Income
157 500
157 500
157 500
157 500
Total tax
56 711
52 310
73 077
68 920
After tax
100 789
105 190
84 423
88 580
Living cost
27 245
27 245
27 245
27 245
Free-cash
73 544
77 945
57 178
61 335

Estimated living cost  is ₽27245 per week

₽18390
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2619
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.
₽5759
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽96337
₽99153
₽99291
₽96018
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
157 500
income
-
-
-
53 822
health
-
-
-
1 027
pensions
-
-
-
1 417
total
-
-
-
56 266
Employee
2 959
-
155 906
-
unemployment
30
-
71
-
pensions
266
-
638
-
income
572
-
53 747
-
health
148
-
354
-
total
1 016
-
54 810
-
Employer
2 959
-
155 906
-
health
281
-
673
-
pensions
325
-
779
-
unemployment
59
-
142
-
total
665
-
1 594
-
Corporate
153 876
157 500
-
-
income
33 853
34 650
-
-
total
33 853
34 650
-
-
Dividends
120 023
122 850
-
-
withholding
24 005
24 570
-
-
total
24 005
24 570
-
-
Income
157 500
157 500
157 500
157 500
Total tax
59 539
59 220
56 404
56 266
After tax
97 961
98 280
101 096
101 234
Living cost
1 943
1 943
1 943
1 943
Free-cash
96 018
96 337
99 153
99 291

Estimated living cost  is ₽1943 per week

₽1154
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽157
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽44
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽586
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽96654
₽77440
₽77438
₽91778
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
157 500
income
-
-
-
35 235
unemployment
-
-
-
1 099
health
-
-
-
7 544
pensions
-
-
-
19 044
total
-
-
-
62 922
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.

25 846
-
144 389
-
unemployment
194
-
549
-
pensions
3 618
-
10 254
-
income
3 563
-
35 235
-
health
1 331
-
3 772
-
total
8 706
-
49 810
-
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.

25 846
-
144 389
-
health
1 331
-
3 772
-
pensions
3 101
-
8 789
-
unemployment
194
-
549
-
total
4 626
-
13 110
-
Corporate
127 028
157 500
-
-
income
19 054
23 625
-
-
total
19 054
23 625
-
-
Dividends
107 974
133 875
-
-
withholding
16 196
20 081
-
-
total
16 196
20 081
-
-
Income
157 500
157 500
157 500
157 500
Total tax
48 582
43 706
62 920
62 922
After tax
108 918
113 794
94 580
94 578
Living cost
17 140
17 140
17 140
17 140
Free-cash
91 778
96 654
77 440
77 438

Estimated living cost  is ₽17140 per week

₽11540
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1326
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽496
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3778
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽62875
₽46789
₽58260
₽62519
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
157 500
income
-
-
-
17 799
surtax
-
-
-
-
social contributions

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

-
-
-
54 731
total
-
-
-
72 530
Employee
38 454
-
127 273
-
surtax
-
-
-
-
social contributions
4 230
-
14 000
-
income
7 514
-
39 774
-
total
11 744
-
53 774
-
Employer
38 454
-
127 273
-
social contributions
9 132
-
30 227
-
total
9 132
-
30 227
-
Corporate
109 914
157 500
-
-
income
23 083
33 076
-
-
surtax
-
-
-
-
total
23 083
33 076
-
-
Dividends
86 832
124 424
-
-
withholding
24 312
34 839
-
-
total
24 312
34 839
-
-
Income
157 500
157 500
157 500
157 500
Total tax
68 271
67 915
84 001
72 530
After tax
89 229
89 585
73 499
84 970
Living cost
26 710
26 710
26 710
26 710
Free-cash
62 519
62 875
46 789
58 260

Estimated living cost  is ₽26710 per week

₽18918
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1856
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽474
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5464
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽70370
₽49603
₽53760
₽63610
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
157 500
accident
-
-
-
827
income
-
-
-
41 370
other
-
-
-
92
unemployment
-
-
-
643
pensions
-
-
-
25 988
total
-
-
-
68 920
Employee
47 849
-
128 224
-
other
47
-
92
-
unemployment
741
-
1 423
-
pensions
2 249
-
4 317
-
income
9 994
-
37 969
-
total
13 031
-
43 801
-
Employer
47 849
-
128 224
-
pensions
11 292
-
21 673
-
accident
948
-
1 818
-
unemployment
2 632
-
5 050
-
other
384
-
735
-
total
15 256
-
29 276
-
Corporate
94 395
157 500
-
-
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.

14 159
23 624
-
-
total
14 159
23 624
-
-
Dividends
80 236
133 876
-
-
withholding
16 624
28 686
-
-
total
16 624
28 686
-
-
Income
157 500
157 500
157 500
157 500
Total tax
59 070
52 310
73 077
68 920
After tax
98 430
105 190
84 423
88 580
Living cost
34 820
34 820
34 820
34 820
Free-cash
63 610
70 370
49 603
53 760

Estimated living cost  is ₽34820 per week

₽25006
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2707
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽491
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6616
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽117618
₽113582
₽107591
₽111581
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
157 500
income
-
-
-
23 625
unemployment
-
-
-
138
health
-
-
-
3 980
pensions

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

-
-
-
5 122
total
-
-
-
32 865
Employee
22 568
-
150 710
-
accident

We are using the highest rate at 1.1%.

248
-
381
-
pensions

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

1 981
-
3 039
-
income
2 257
-
15 071
-
health
1 038
-
1 592
-
total
5 524
-
20 083
-
Employer
22 568
-
150 710
-
health
1 557
-
2 388
-
pensions

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

2 487
-
3 814
-
accident

We are using the highest rate at 1.1%.

248
-
381
-
unemployment
136
-
208
-
total
4 428
-
6 791
-
Corporate
130 504
157 500
-
-
income
13 050
15 750
-
-
total
13 050
15 750
-
-
Dividends
117 454
141 750
-
-
withholding
5 873
7 088
-
-
total
5 873
7 088
-
-
Income
157 500
157 500
157 500
157 500
Total tax
28 875
22 838
26 874
32 865
After tax
128 625
134 662
130 626
124 635
Living cost
17 044
17 044
17 044
17 044
Free-cash
111 581
117 618
113 582
107 591

Estimated living cost  is ₽17044 per week

₽11273
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽976
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽407
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4389
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽42836
₽63109
₽47118
₽55796
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
157 500
income

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

-
-
-
46 797
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.

-
-
-
2 574
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.

-
-
-
6 769
trade
-
-
-
15 991
total
-
-
-
72 131
Employee

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

49 297
-
157 500
-
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.

224
-
2 574
-
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.

4 054
-
46 797
-
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.

6 769
-
6 769
-
total
11 047
-
56 140
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
108 203
157 500
-
-
income
16 231
23 624
-
-
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.

893
1 299
-
-
chamber of commerce
308
382
-
-
trade
15 526
22 601
-
-
total
32 958
47 906
-
-
Dividends
75 244
109 594
-
-
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.

1 013
1 485
-
-
withholding
18 435
27 022
-
-
total
19 448
28 507
-
-
Income
157 500
157 500
157 500
157 500
Total tax
63 453
76 413
56 140
72 131
After tax
94 047
81 087
101 360
85 369
Living cost
38 251
38 251
38 251
38 251
Free-cash
55 796
42 836
63 109
47 118

Estimated living cost  is ₽38251 per week

₽26386
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4116
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽555
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7193
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽53812
₽28554
₽28554
₽55998
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
157 500
income
-
-
-
46 624
social contributions
-
-
-
25 884
total
-
-
-
72 508
Employee
77 500
-
157 500
-
income
14 624
-
46 624
-
social contributions
6 439
-
25 884
-
total
21 063
-
72 508
-
Employer
77 500
-
157 500
-
total
-
-
-
-
Corporate
80 000
157 500
-
-
income
10 001
19 687
-
-
total
10 001
19 687
-
-
Dividends
70 000
137 813
-
-
withholding
14 000
27 563
-
-
total
14 000
27 563
-
-
Income
157 500
157 500
157 500
157 500
Total tax
45 064
47 250
72 508
72 508
After tax
112 436
110 250
84 992
84 992
Living cost
56 438
56 438
56 438
56 438
Free-cash
55 998
53 812
28 554
28 554

Estimated living cost  is ₽56438 per week

₽42937
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4599
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.
₽8363
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽61177
₽77057
₽87303
₽64637
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
157 500
income
-
-
-
28 202
health

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

-
-
-
6 030
total
-
-
-
34 232
Employee
45 450
-
152 942
-
income
4 932
-
35 362
-
social contributions
4 554
-
4 558
-
total
9 486
-
39 920
-
Employer
45 450
-
152 942
-
social contributions
4 554
-
4 558
-
total
4 554
-
4 558
-
Corporate
107 496
157 500
-
-
income
37 624
55 124
-
-
total
37 624
55 124
-
-
Dividends
69 872
102 376
-
-
social contributions
5 234
5 234
-
-
total
5 234
5 234
-
-
Income
157 500
157 500
157 500
157 500
Total tax
56 898
60 358
44 478
34 232
After tax
100 602
97 142
113 022
123 268
Living cost
35 965
35 965
35 965
35 965
Free-cash
64 637
61 177
77 057
87 303

Estimated living cost  is ₽35965 per week

₽23690
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2835
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽551
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8888
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽68205
₽54671
₽69016
₽74047
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
157 500
income
-
-
-
43 280
pensions
-
-
-
8 552
total
-
-
-
51 832
Employee
50 310
-
137 737
-
pensions
3 840
-
10 638
-
income
9 162
-
33 716
-
health
656
-
2 061
-
total
13 658
-
46 415
-
Employer
50 310
-
137 737
-
health
956
-
2 616
-
pensions
5 083
-
17 146
-
total
6 039
-
19 762
-
Corporate
101 150
157 500
-
-
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.

19 219
29 924
-
-
total
19 219
29 924
-
-
Dividends
81 931
127 576
-
-
withholding
7 885
22 719
-
-
total
7 885
22 719
-
-
Income
157 500
157 500
157 500
157 500
Total tax
46 801
52 643
66 177
51 832
After tax
110 699
104 857
91 323
105 668
Living cost
36 652
36 652
36 652
36 652
Free-cash
74 047
68 205
54 671
69 016

Estimated living cost  is ₽36652 per week

₽25143
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3371
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽459
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7678
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽11128
₽60994
₽83851
₽9094
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
157 500
accident
-
-
-
253
income
-
-
-
42 780
other
-
-
-
372
health
-
-
-
2 187
pensions
-
-
-
4 172
total
-
-
-
49 764
Employee
37 572
-
140 659
-
pensions
4 231
-
7 650
-
income
5 155
-
32 024
-
health
4 302
-
16 105
-
total
13 688
-
55 779
-
Employer
37 572
-
140 659
-
pensions
6 109
-
11 047
-
accident
627
-
2 349
-
unemployment
920
-
3 446
-
total
7 656
-
16 842
-
Corporate
112 271
157 500
-
-
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.

101 044
141 750
-
-
total
101 044
141 750
-
-
Dividends
11 227
15 750
-
-
withholding
2 133
2 993
-
-
total
2 133
2 993
-
-
Income
157 500
157 500
157 500
157 500
Total tax
124 521
144 743
72 621
49 764
After tax
32 979
12 757
84 879
107 736
Living cost
23 885
23 885
23 885
23 885
Free-cash
9 094
-11 128
60 994
83 851

Estimated living cost  is ₽23885 per week

₽17529
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1392
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽481
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4483
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

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

Source of data for Warsaw model

Close
Skopje , Macedonia
₽119152
₽96618
₽75093
₽114516
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
157 500
income
-
-
-
25 710
unemployment
-
-
-
1 890
work injury
-
-
-
788
health insurance
-
-
-
11 655
pensions
-
-
-
28 980
total
-
-
-
69 023
Employee

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

21 414
-
157 500
-
health insurance
1 585
-
5 863
-
unemployment
257
-
951
-
work injury
107
-
396
-
pensions
3 940
-
14 578
-
income
2 141
-
25 710
-
total
8 030
-
47 498
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
136 086
157 500
-
-
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%.

1 361
1 575
-
-
total
1 361
1 575
-
-
Dividends
134 725
155 925
-
-
withholding
20 209
23 389
-
-
total
20 209
23 389
-
-
Income
157 500
157 500
157 500
157 500
Total tax
29 600
24 964
47 498
69 023
After tax
127 900
132 536
110 002
88 477
Living cost
13 384
13 384
13 384
13 384
Free-cash
114 516
119 152
96 618
75 093

Estimated living cost  is ₽13384 per week

₽8291
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽973
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽418
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3702
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Skopje model

Close
Rome , Italy
₽43489
₽28020
₽34934
₽38983
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
157 500
social contributions
-
-
-
40 510
regional
-
-
-
3 588
municipal
-
-
-
1 053
national
-
-
-
37 945
total
-
-
-
83 096
Employee
83 488
-
157 500
-
municipal
498
-
940
-
national
14 109
-
32 779
-
regional
1 260
-
3 182
-
social contributions
28 152
-
53 109
-
total
44 019
-
90 010
-
Employer
83 488
-
157 500
-
total
-
-
-
-
Corporate
74 012
157 500
-
-
municipal
3 567
7 592
-
-
nationa
17 764
37 801
-
-
total
21 331
45 393
-
-
Dividends
52 682
112 107
-
-
withholding
13 697
29 148
-
-
total
13 697
29 148
-
-
Income
157 500
157 500
157 500
157 500
Total tax
79 047
74 541
90 010
83 096
After tax
78 453
82 959
67 490
74 404
Living cost
39 470
39 470
39 470
39 470
Free-cash
38 983
43 489
28 020
34 934

Estimated living cost  is ₽39470 per week

₽27725
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2715
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽596
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8433
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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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