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
₽51131
₽72272
₽54312
₽61471
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
47 888
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.

-
-
-
2 635
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.

-
-
-
6 387
trade
-
-
-
17 960
total
-
-
-
74 870
Employee

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

35 759
-
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.

55
-
2 635
-
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.

999
-
47 888
-
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.

6 387
-
6 387
-
total
7 441
-
56 910
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
121 741
157 500
-
-
income
18 262
23 625
-
-
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.

1 004
1 299
-
-
chamber of commerce
318
369
-
-
trade
19 174
24 807
-
-
total
38 758
50 100
-
-
Dividends
82 983
107 400
-
-
surtax

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

1 121
1 457
-
-
withholding
20 391
26 494
-
-
total
21 512
27 951
-
-
Income
157 500
157 500
157 500
157 500
Total tax
67 711
78 051
56 910
74 870
After tax
89 789
79 449
100 590
82 630
Living cost
28 318
28 318
28 318
28 318
Free-cash
61 471
51 131
72 272
54 312

Estimated living cost  is ₽28318 per week

₽17813
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3302
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽529
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6675
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽48207
₽44378
₽43142
₽47374
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
17 137
national
-
-
-
26 556
pensions
-
-
-
18 900
total
-
-
-
64 286
Employee
77 622
-
136 157
-
municipal
9 588
-
17 747
-
pensions
3 105
-
5 446
-
national
14 857
-
27 500
-
total
27 550
-
50 693
-
Employer
77 622
-
136 157
-
pensions
6 210
-
10 893
-
social contributions
834
-
1 464
-
total
7 044
-
12 357
-
Corporate
67 711
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%.

13 542
31 500
-
-
total
13 542
31 500
-
-
Dividends
54 169
126 000
-
-
withholding
11 917
27 720
-
-
total
11 917
27 720
-
-
Income
157 500
157 500
157 500
157 500
Total tax
60 053
59 220
63 050
64 286
After tax
97 447
98 280
94 450
93 214
Living cost
50 072
50 072
50 072
50 072
Free-cash
47 374
48 207
44 378
43 142

Estimated living cost  is ₽50072 per week

₽34034
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4655
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽749
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10635
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽106550
₽45745
₽34283
₽98879
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
27 782
surtax
-
-
-
40 163
social contributions

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

-
-
-
35 821
microenterprise
-
-
-
-
total
-
-
-
103 766
Employee
27 319
-
117 710
-
surtax
-
-
17 068
-
social contributions

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

3 006
-
12 256
-
income
4 863
-
23 190
-
total
7 869
-
52 514
-
Employer
27 319
-
117 710
-
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.

6 581
-
26 842
-
surtax
-
-
12 948
-
total
6 581
-
39 790
-
Corporate
123 600
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%.

24 720
31 499
-
-
total
24 720
31 499
-
-
Dividends

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

98 880
126 001
-
-
total
-
-
-
-
Income
157 500
157 500
157 500
157 500
Total tax
39 170
31 499
92 304
103 766
After tax
118 330
126 001
65 196
53 734
Living cost
19 451
19 451
19 451
19 451
Free-cash
98 879
106 550
45 745
34 283

Estimated living cost  is ₽19451 per week

₽12409
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1852
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽442
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4748
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽38705
₽58457
₽48287
₽32978
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
47 564
health
-
-
-
11 529
pensions
-
-
-
10 954
total
-
-
-
70 047
Employee
79 840
79 840
140 125
-
pensions
14 371
10 954
10 954
-
income

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

13 068
13 068
20 020
-
health
12 254
10 423
11 529
-
total
39 693
34 445
42 503
-
Employer
79 840
79 840
140 125
-
health
5 550
5 550
6 896
-
pensions
5 557
5 557
6 907
-
unemployment
2 874
2 874
3 571
-
total
13 981
13 981
17 374
-
Corporate
64 659
63 680
-
-
income
12 932
12 735
-
-
total
12 932
12 735
-
-
Dividends
51 727
50 944
-
-
income
10 991
10 826
-
-
withholding
7 759
7 642
-
-
total
18 750
18 468
-
-
Income
157 500
157 500
157 500
157 500
Total tax
85 356
79 629
59 877
70 047
After tax
72 144
77 871
97 623
87 453
Living cost
39 166
39 166
39 166
39 166
Free-cash
32 978
38 705
58 457
48 287

Estimated living cost  is ₽39166 per week

₽27756
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3531
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽623
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7257
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽47950
₽42552
₽43476
₽47097
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
167
other
-
-
-
9 689
unemployment
-
-
-
83
health
-
-
-
5 203
municipal
-
-
-
39 763
national
-
-
-
12 061
pensions
-
-
-
9 013
total
-
-
-
75 979
Employee
54 210
-
131 302
-
municipal
16 165
-
39 154
-
national
-
-
11 551
-
total
16 165
-
50 705
-
Employer
54 210
-
131 302
-
health
3 334
-
5 128
-
pensions
5 860
-
9 013
-
accident
108
-
167
-
unemployment
1 431
-
2 201
-
other
6 299
-
9 689
-
total
17 032
-
26 198
-
Corporate
86 257
157 500
-
-
income
18 977
34 650
-
-
total
18 977
34 650
-
-
Dividends
67 281
122 850
-
-
withholding
20 184
36 855
-
-
total
20 184
36 855
-
-
Income
157 500
157 500
157 500
157 500
Total tax
72 358
71 505
76 903
75 979
After tax
85 142
85 995
80 597
81 521
Living cost
38 045
38 045
38 045
38 045
Free-cash
47 097
47 950
42 552
43 476

Estimated living cost  is ₽38045 per week

₽25214
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3733
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽578
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8519
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽41913
₽63862
₽45103
₽55049
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
47 888
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.

-
-
-
2 635
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.

-
-
-
6 387
trade
-
-
-
18 759
total
-
-
-
75 669
Employee

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

47 412
-
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
-
2 635
-
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.

4 074
-
47 888
-
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.

6 387
-
6 387
-
total
10 685
-
56 910
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
110 088
157 500
-
-
income
16 513
23 625
-
-
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.

908
1 299
-
-
chamber of commerce
298
365
-
-
trade
18 109
25 909
-
-
total
35 828
51 198
-
-
Dividends
74 259
106 302
-
-
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.

1 001
1 442
-
-
withholding
18 209
26 219
-
-
total
19 210
27 661
-
-
Income
157 500
157 500
157 500
157 500
Total tax
65 723
78 859
56 910
75 669
After tax
91 777
78 641
100 590
81 831
Living cost
36 728
36 728
36 728
36 728
Free-cash
55 049
41 913
63 862
45 103

Estimated living cost  is ₽36728 per week

₽24564
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3873
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽548
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7743
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽84596
₽76280
₽77685
₽80720
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
30 346
social contributions
-
-
-
15 127
health
-
-
-
4 017
total
-
-
-
49 490
Employee
71 892
71 892
146 738
-
social contributions
3 493
5 967
8 048
-
income
7 549
6 655
29 589
-
health
715
1 222
2 495
-
total
11 757
13 844
40 132
-
Employer
71 892
71 892
146 738
-
health
779
1 331
2 715
-
social contributions
3 493
5 967
8 048
-
total
4 272
7 298
10 763
-
Corporate
111 145
78 311
-
-
income
13 894
9 788
-
-
total
13 894
9 788
-
-
Dividends
97 252
68 522
-
-
withholding
16 532
11 649
-
-
total
16 532
11 649
-
-
Income
157 500
157 500
157 500
157 500
Total tax
46 455
42 579
50 895
49 490
After tax
111 045
114 921
106 605
108 010
Living cost
30 325
30 325
30 325
30 325
Free-cash
80 720
84 596
76 280
77 685

Estimated living cost  is ₽30325 per week

₽20730
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2369
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽509
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6717
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽71417
₽74229
₽92034
₽71773
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
2 362
health
-
-
-
11 025
pensions
-
-
-
15 750
total
-
-
-
48 391
Employee

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

The minimum wage is 138,000 HUF per month.

24 648
9 809
131 799
-
unemployment
370
147
1 977
-
pensions
2 465
981
13 180
-
income
3 013
1 199
16 112
-
health
1 725
687
9 226
-
total
7 573
3 014
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.

24 648
9 809
131 799
-
pensions
4 806
1 913
25 701
-
total
4 806
1 913
25 701
-
Corporate
128 046
145 778
-
-
income
11 524
13 120
-
-
total
11 524
13 120
-
-
Dividends
116 522
132 658
-
-
social contributions
22 610
25 756
-
-
withholding
22 139
25 205
-
-
total
44 749
50 961
-
-
Income
157 500
157 500
157 500
157 500
Total tax
68 652
69 008
66 196
48 391
After tax
88 848
88 492
91 304
109 109
Living cost
17 075
17 075
17 075
17 075
Free-cash
71 773
71 417
74 229
92 034

Estimated living cost  is ₽17075 per week

₽11652
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1397
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽341
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3684
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽103419
₽68197
₽61839
₽97610
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
21 106
health
-
-
-
20 474
pensions
-
-
-
31 499
total
-
-
-
73 079
Employee
26 523
-
117 713
-
unemployment
424
-
1 884
-
pensions
530
-
2 354
-
income
2 986
-
22 696
-
total
3 940
-
26 934
-
Employer
26 523
-
117 713
-
health
3 447
-
15 303
-
pensions
5 305
-
23 542
-
unemployment
213
-
942
-
total
8 965
-
39 787
-
Corporate
122 012
157 500
-
-
income
24 403
31 499
-
-
total
24 403
31 499
-
-
Dividends
97 610
126 001
-
-
total
-
-
-
-
Income
157 500
157 500
157 500
157 500
Total tax
37 308
31 499
66 721
73 079
After tax
120 192
126 001
90 779
84 421
Living cost
22 582
22 582
22 582
22 582
Free-cash
97 610
103 419
68 197
61 839

Estimated living cost  is ₽22582 per week

₽15489
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1345
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽454
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5294
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽8023
₽64457
₽86919
₽9569
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
239
income
-
-
-
43 221
other
-
-
-
350
health
-
-
-
2 060
pensions
-
-
-
3 930
total
-
-
-
49 800
Employee
32 690
-
141 273
-
pensions
3 681
-
7 207
-
income
4 485
-
32 652
-
health
3 743
-
16 176
-
total
11 909
-
56 035
-
Employer
32 690
-
141 273
-
pensions
5 316
-
10 407
-
accident
546
-
2 359
-
unemployment
801
-
3 461
-
total
6 663
-
16 227
-
Corporate
118 148
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.

106 333
141 750
-
-
total
106 333
141 750
-
-
Dividends
11 815
15 750
-
-
withholding
2 245
2 992
-
-
total
2 245
2 992
-
-
Income
157 500
157 500
157 500
157 500
Total tax
127 150
144 742
72 262
49 800
After tax
30 350
12 758
85 238
107 700
Living cost
20 781
20 781
20 781
20 781
Free-cash
9 569
-8 023
64 457
86 919

Estimated living cost  is ₽20781 per week

₽15231
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1151
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽434
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3966
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽141979
₽118354
₽148279
₽140546
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
9 557
-
157 500
-
income
1 911
-
31 500
-
total
1 911
-
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%.

147 943
157 500
-
-
total
-
-
-
-
Dividends
147 943
157 500
-
-
withholding
7 397
7 875
-
-
total
7 397
7 875
-
-
Income
157 500
157 500
157 500
157 500
Total tax
9 308
7 875
31 500
1 575
After tax
148 192
149 625
126 000
155 925
Living cost
7 646
7 646
7 646
7 646
Free-cash
140 546
141 979
118 354
148 279

Estimated living cost  is ₽7646 per week

₽4739
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽636
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽210
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2062
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽90803
₽64524
₽61821
₽84491
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
23 636
other
-
-
-
6 753
health
-
-
-
6 256
pensions

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

-
-
-
34 122
total
-
-
-
70 767
Employee
33 946
-
125 798
-
unemployment
339
-
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.

2 376
-
8 805
-
income
5 844
-
24 537
-
health
475
-
1 762
-
total
9 034
-
36 362
-
Employer
33 946
-
125 798
-
health
475
-
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.

5 772
-
21 386
-
accident
271
-
1 006
-
unemployment
339
-
1 258
-
other
1 698
-
6 290
-
total
8 555
-
31 702
-
Corporate
114 998
157 500
-
-
income
24 149
33 075
-
-
total
24 149
33 075
-
-
Dividends
90 850
124 425
-
-
withholding
6 359
8 710
-
-
total
6 359
8 710
-
-
Income
157 500
157 500
157 500
157 500
Total tax
48 097
41 785
68 064
70 767
After tax
109 403
115 715
89 436
86 733
Living cost
24 912
24 912
24 912
24 912
Free-cash
84 491
90 803
64 524
61 821

Estimated living cost  is ₽24912 per week

₽17602
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1682
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽401
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5227
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Bratislava model

Close
London , United Kingdom
₽41838
₽28719
₽43007
₽43464
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
44 442
pensions
-
-
-
8 211
total
-
-
-
52 653
Employee
87 494
-
137 635
-
pensions
8 441
-
10 140
-
income
15 772
-
34 920
-
health
1 442
-
2 016
-
total
25 655
-
47 076
-
Employer
87 494
-
137 635
-
health
1 662
-
2 615
-
pensions
10 331
-
17 250
-
total
11 993
-
19 865
-
Corporate
58 014
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.

11 023
29 924
-
-
total
11 023
29 924
-
-
Dividends
46 991
127 576
-
-
withholding
3 525
23 898
-
-
total
3 525
23 898
-
-
Income
157 500
157 500
157 500
157 500
Total tax
52 196
53 822
66 941
52 653
After tax
105 304
103 678
90 559
104 847
Living cost
61 840
61 840
61 840
61 840
Free-cash
43 464
41 838
28 719
43 007

Estimated living cost  is ₽61840 per week

₽46338
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽7266
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽503
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7734
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽122399
₽118988
₽112889
₽118052
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
131
health
-
-
-
3 757
pensions

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

-
-
-
4 835
total
-
-
-
32 348
Employee
16 238
-
151 090
-
accident

We are using the highest rate at 1.1%.

179
-
359
-
pensions

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

1 426
-
2 869
-
income
1 624
-
15 109
-
health
747
-
1 503
-
total
3 976
-
19 840
-
Employer
16 238
-
151 090
-
health
1 121
-
2 254
-
pensions

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

1 790
-
3 600
-
accident

We are using the highest rate at 1.1%.

179
-
359
-
unemployment
97
-
196
-
total
3 187
-
6 409
-
Corporate
138 076
157 500
-
-
income
13 808
15 750
-
-
total
13 808
15 750
-
-
Dividends
124 268
141 750
-
-
withholding
6 214
7 088
-
-
total
6 214
7 088
-
-
Income
157 500
157 500
157 500
157 500
Total tax
27 185
22 838
26 249
32 348
After tax
130 315
134 662
131 251
125 152
Living cost
12 263
12 263
12 263
12 263
Free-cash
118 052
122 399
118 988
112 889

Estimated living cost  is ₽12263 per week

₽7159
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽876
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽325
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3903
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽26028
₽45780
₽35610
₽28379
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
47 564
health
-
-
-
11 529
pensions
-
-
-
10 954
total
-
-
-
70 047
Employee
86 680
79 840
140 125
-
pensions
10 954
10 954
10 954
-
income

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

13 068
13 068
20 020
-
health
10 814
10 423
11 529
-
total
34 836
34 445
42 503
-
Employer
86 680
79 840
140 125
-
health
6 023
5 550
6 896
-
pensions
6 032
5 557
6 907
-
unemployment
3 121
2 874
3 571
-
total
15 176
13 981
17 374
-
Corporate
55 643
63 680
-
-
income
11 128
12 735
-
-
total
11 128
12 735
-
-
Dividends
44 515
50 944
-
-
income
9 460
10 826
-
-
withholding
6 678
7 642
-
-
total
16 138
18 468
-
-
Income
157 500
157 500
157 500
157 500
Total tax
77 278
79 629
59 877
70 047
After tax
80 222
77 871
97 623
87 453
Living cost
51 843
51 843
51 843
51 843
Free-cash
28 379
26 028
45 780
35 610

Estimated living cost  is ₽51843 per week

₽38243
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4631
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽594
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8376
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽85203
₽57369
₽64146
₽76914
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
15 420
social contributions
-
-
-
33 436
solidarity contribution
-
-
-
-
health
-
-
-
21 262
total
-
-
-
70 118
Employee
34 171
-
118 233
-
solidarity contribution
-
-
-
-
social contributions
2 221
-
7 443
-
income
4 100
-
14 224
-
health
4 613
-
15 961
-
total
10 934
-
37 628
-
Employer
34 171
-
118 233
-
health
3 075
-
10 641
-
social contributions
8 543
-
28 626
-
total
11 618
-
39 267
-
Corporate
111 712
157 500
-
-
income
21 225
29 925
-
-
total
21 225
29 925
-
-
Dividends
90 486
127 575
-
-
withholding
13 573
19 136
-
-
total
13 573
19 136
-
-
Income
157 500
157 500
157 500
157 500
Total tax
57 350
49 061
76 895
70 118
After tax
100 150
108 439
80 605
87 382
Living cost
23 236
23 236
23 236
23 236
Free-cash
76 914
85 203
57 369
64 146

Estimated living cost  is ₽23236 per week

₽16140
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1653
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.
₽4986
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽44582
₽29126
₽36243
₽39700
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
40 509
regional
-
-
-
1 851
municipal
-
-
-
937
national
-
-
-
38 509
total
-
-
-
81 806
Employee
83 091
-
157 500
-
municipal
440
-
836
-
national
14 398
-
33 345
-
regional
784
-
1 633
-
social contributions
28 018
-
53 109
-
total
43 640
-
88 923
-
Employer
83 091
-
157 500
-
total
-
-
-
-
Corporate
74 409
157 500
-
-
municipal
2 903
6 142
-
-
nationa
17 857
37 800
-
-
total
20 760
43 942
-
-
Dividends
53 649
113 558
-
-
withholding
13 949
29 525
-
-
total
13 949
29 525
-
-
Income
157 500
157 500
157 500
157 500
Total tax
78 349
73 467
88 923
81 806
After tax
79 151
84 033
68 577
75 694
Living cost
39 451
39 451
39 451
39 451
Free-cash
39 700
44 582
29 126
36 243

Estimated living cost  is ₽39451 per week

₽27500
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2587
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.
₽8758
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽78435
₽48216
₽53995
₽75528
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
42 434
other
-
-
-
-
surtax
-
-
-
6 412
unemployment
-
-
-
213
health
-
-
-
8 859
pensions
-
-
-
24 956
total
-
-
-
82 874
Employee
30 918
-
131 235
-
other
-
-
-
-
unemployment
2 152
-
8 685
-
pensions
2 062
-
8 323
-
surtax
101
-
5 358
-
income
5 182
-
36 841
-
health
790
-
3 181
-
total
10 287
-
62 388
-
Employer
30 918
-
131 235
-
health
1 407
-
5 677
-
pensions
4 121
-
16 633
-
unemployment
979
-
3 955
-
other
-
-
-
-
total
6 507
-
26 265
-
Corporate
120 075
157 500
-
-
income
31 219
40 951
-
-
total
31 219
40 951
-
-
Dividends
88 855
116 549
-
-
withholding
13 328
17 483
-
-
total
13 328
17 483
-
-
Income
157 500
157 500
157 500
157 500
Total tax
61 341
58 434
88 653
82 874
After tax
96 159
99 066
68 847
74 626
Living cost
20 631
20 631
20 631
20 631
Free-cash
75 528
78 435
48 216
53 995

Estimated living cost  is ₽20631 per week

₽12615
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1904
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽475
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5637
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽61431
₽48312
₽62600
₽67538
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
44 442
pensions
-
-
-
8 211
total
-
-
-
52 653
Employee
58 636
-
137 635
-
pensions
4 977
-
10 140
-
income
10 561
-
34 920
-
health
851
-
2 016
-
total
16 389
-
47 076
-
Employer
58 636
-
137 635
-
health
1 114
-
2 615
-
pensions
6 347
-
17 250
-
total
7 461
-
19 865
-
Corporate
91 403
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.

17 366
29 924
-
-
total
17 366
29 924
-
-
Dividends
74 037
127 576
-
-
withholding
6 499
23 898
-
-
total
6 499
23 898
-
-
Income
157 500
157 500
157 500
157 500
Total tax
47 715
53 822
66 941
52 653
After tax
109 785
103 678
90 559
104 847
Living cost
42 247
42 247
42 247
42 247
Free-cash
67 538
61 431
48 312
62 600

Estimated living cost  is ₽42247 per week

₽31651
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3167
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽442
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6987
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽2266
₽46384
₽54000
₽29517
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
3 150
regional
-
-
-
7 395
health
-
-
-
355
city
-
-
-
1 660
national
-
-
-
2 162
pensions
-
-
-
14 491
total
-
-
-
29 213
Employee
86 935
-
140 971
-
unemployment
-
-
-
-
pensions
7 304
-
11 841
-
national
411
-
1 763
-
regional
2 847
-
6 415
-
city
933
-
1 515
-
health
197
-
317
-
total
11 692
-
21 851
-
Employer
86 935
-
140 971
-
health
197
-
317
-
pensions
7 304
-
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.

1 738
-
2 820
-
total
9 239
-
14 978
-
Corporate
60 371
157 500
-
-
regional
12 768
33 311
-
-
national
5 132
13 388
-
-
total
17 900
46 699
-
-
Dividends
42 470
110 800
-
-
withholding
14 865
38 780
-
-
total
14 865
38 780
-
-
Income
157 500
157 500
157 500
157 500
Total tax
53 696
85 479
36 829
29 213
After tax
103 804
72 021
120 671
128 287
Living cost
74 287
74 287
74 287
74 287
Free-cash
29 517
-2 266
46 384
54 000

Estimated living cost  is ₽74287 per week

₽48308
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽6666
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽912
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽18400
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽35001
₽57760
₽38203
₽50161
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
47 888
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.

-
-
-
2 635
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.

-
-
-
6 387
trade
-
-
-
19 557
total
-
-
-
76 467
Employee

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

56 188
-
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.

364
-
2 635
-
income

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

6 607
-
47 888
-
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.

6 387
-
6 387
-
total
13 358
-
56 910
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
101 312
157 500
-
-
income
15 196
23 625
-
-
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.

836
1 299
-
-
chamber of commerce
284
364
-
-
trade
17 375
27 011
-
-
total
33 691
52 299
-
-
Dividends
67 622
105 202
-
-
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.

910
1 426
-
-
withholding
16 550
25 944
-
-
total
17 460
27 370
-
-
Income
157 500
157 500
157 500
157 500
Total tax
64 509
79 669
56 910
76 467
After tax
92 991
77 831
100 590
81 033
Living cost
42 830
42 830
42 830
42 830
Free-cash
50 161
35 001
57 760
38 203

Estimated living cost  is ₽42830 per week

₽31281
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3426
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽557
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7567
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽47392
₽55358
₽56885
₽52915
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
24 052
other
-
-
-
4 883
surtax
-
-
-
-
social contributions
-
-
-
4 487
health
-
-
-
6 437
pensions
-
-
-
28 769
total
-
-
-
68 628
Employee
40 014
-
122 445
-
pensions
4 524
-
8 287
-
surtax
-
-
-
-
social contributions
1 141
-
3 488
-
income
2 361
-
23 325
-
total
8 026
-
35 100
-
Employer
40 014
-
122 445
-
health
2 801
-
11 060
-
pensions
6 573
-
13 990
-
unemployment
1 620
-
4 959
-
social contributions
121
-
367
-
other
1 380
-
4 679
-
total
12 495
-
35 055
-
Corporate
104 991
157 500
-
-
income
29 397
44 100
-
-
surtax
-
-
-
-
total
29 397
44 100
-
-
Dividends
75 594
113 400
-
-
surtax
-
-
-
-
social contributions
13 003
19 506
-
-
withholding
9 677
14 515
-
-
total
22 680
34 021
-
-
Income
157 500
157 500
157 500
157 500
Total tax
72 598
78 121
70 155
68 628
After tax
84 902
79 379
87 345
88 872
Living cost
31 987
31 987
31 987
31 987
Free-cash
52 915
47 392
55 358
56 885

Estimated living cost  is ₽31987 per week

₽20169
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2601
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽545
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8674
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽50561
₽58527
₽60054
₽55758
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
24 052
other
-
-
-
4 883
surtax
-
-
-
-
social contributions
-
-
-
4 487
health
-
-
-
6 437
pensions
-
-
-
28 769
total
-
-
-
68 628
Employee
35 718
-
122 445
-
pensions
4 040
-
8 287
-
surtax
-
-
-
-
social contributions
1 018
-
3 488
-
income
1 842
-
23 325
-
total
6 900
-
35 100
-
Employer
35 718
-
122 445
-
health
2 500
-
11 060
-
pensions
5 869
-
13 990
-
unemployment
1 446
-
4 959
-
social contributions
106
-
367
-
other
1 233
-
4 679
-
total
11 154
-
35 055
-
Corporate
110 628
157 500
-
-
income
30 976
44 100
-
-
surtax
-
-
-
-
total
30 976
44 100
-
-
Dividends
79 652
113 400
-
-
surtax
-
-
-
-
social contributions
13 699
19 506
-
-
withholding
10 195
14 515
-
-
total
23 894
34 021
-
-
Income
157 500
157 500
157 500
157 500
Total tax
72 924
78 121
70 155
68 628
After tax
84 576
79 379
87 345
88 872
Living cost
28 818
28 818
28 818
28 818
Free-cash
55 758
50 561
58 527
60 054

Estimated living cost  is ₽28818 per week

₽16713
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2927
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽546
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8632
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽76264
₽78285
₽81321
₽76749
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
social contributions
-
-
-
21 736
health
-
-
-
10 993
total
-
-
-
56 354
Employee
31 700
-
157 500
-
social contributions
4 375
-
21 736
-
income
5 287
-
26 661
-
health
2 212
-
10 993
-
total
11 874
-
59 390
-
Employer
31 700
-
157 500
-
total
-
-
-
-
Corporate
125 800
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%.

6 290
7 876
-
-
total
6 290
7 876
-
-
Dividends
119 511
149 624
-
-
social contributions
16 493
20 648
-
-
withholding
17 927
22 444
-
-
health
8 342
10 443
-
-
total
42 762
53 535
-
-
Income
157 500
157 500
157 500
157 500
Total tax
60 926
61 411
59 390
56 354
After tax
96 574
96 089
98 110
101 146
Living cost
19 825
19 825
19 825
19 825
Free-cash
76 749
76 264
78 285
81 321

Estimated living cost  is ₽19825 per week

₽13268
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.
₽456
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4877
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽54269
₽8814
₽47874
₽52822
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
41 573
surtax
-
-
-
185
unemployment
-
-
-
5 734
chamber of commerce
-
-
-
630
health
-
-
-
8 355
pensions
-
-
-
20 206
total
-
-
-
76 683
Employee
46 724
37 258
124 750
-
other
467
373
1 093
-
unemployment
1 402
1 118
3 277
-
pensions
4 785
3 815
11 185
-
income
5 319
2 748
32 910
-
health
1 808
1 442
4 226
-
total
13 781
9 496
52 691
-
Employer
46 724
37 258
124 750
-
chamber of commerce
186
149
499
-
health
1 765
1 409
4 129
-
pensions
5 864
4 677
13 708
-
accident
607
484
1 419
-
unemployment
1 402
1 118
3 277
-
surtax
185
185
185
-
payroll
1 402
1 118
3 742
-
other
2 220
1 769
5 793
-
total
13 631
10 909
32 752
-
Corporate
97 147
109 334
121 201
-
income

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

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

24 287
27 333
30 300
-
total
24 287
27 333
30 300
-
Dividends
72 860
82 000
-
-
withholding
20 036
22 550
-
-
total
20 036
22 550
-
-
Income
157 500
157 500
157 500
157 500
Total tax
71 735
70 288
115 743
76 683
After tax
85 765
87 212
41 757
80 817
Living cost
32 943
32 943
32 943
32 943
Free-cash
52 822
54 269
8 814
47 874

Estimated living cost  is ₽32943 per week

₽21972
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2810
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽541
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7620
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽54011
₽21766
₽34148
₽39988
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
8 051
social contributions
-
-
-
23 309
national
-
-
-
57 903
total
-
-
-
89 263
Employee

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

66 876
-
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.

582
-
1 061
-
communal

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

3 488
-
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.

5 016
-
9 150
-
national
20 560
-
43 828
-
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.

3 142
-
5 734
-
total
32 788
-
66 135
-
Employer

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

66 876
-
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.

4 113
-
7 503
-
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.

5 926
-
10 808
-
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.

869
-
1 586
-
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.

976
-
1 781
-
surtax
7 583
-
13 832
-
total
19 467
-
35 510
-
Corporate
71 157
157 500
-
-
income
14 231
31 499
-
-
surtax
284
630
-
-
total
14 515
32 129
-
-
Dividends
56 642
125 371
-
-
withholding

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

16 653
37 271
-
-
total
16 653
37 271
-
-
Income
157 500
157 500
157 500
157 500
Total tax
83 423
69 400
101 645
89 263
After tax
74 077
88 100
55 855
68 237
Living cost
34 089
34 089
34 089
34 089
Free-cash
39 988
54 011
21 766
34 148

Estimated living cost  is ₽34089 per week

₽21958
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2981
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽534
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8617
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽71307
₽50782
₽54705
₽64763
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
781
income
-
-
-
43 033
other
-
-
-
87
unemployment
-
-
-
607
pensions
-
-
-
24 523
total
-
-
-
69 031
Employee
46 539
-
129 874
-
other
46
-
87
-
unemployment
722
-
1 343
-
pensions
2 188
-
4 074
-
income
9 819
-
39 823
-
total
12 775
-
45 327
-
Employer
46 539
-
129 874
-
pensions
10 982
-
20 451
-
accident
921
-
1 716
-
unemployment
2 560
-
4 766
-
other
371
-
694
-
total
14 834
-
27 627
-
Corporate
96 127
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.

14 419
23 625
-
-
total
14 419
23 625
-
-
Dividends
81 708
133 875
-
-
withholding
16 945
28 804
-
-
total
16 945
28 804
-
-
Income
157 500
157 500
157 500
157 500
Total tax
58 973
52 429
72 954
69 031
After tax
98 527
105 071
84 546
88 469
Living cost
33 764
33 764
33 764
33 764
Free-cash
64 763
71 307
50 782
54 705

Estimated living cost  is ₽33764 per week

₽24864
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2395
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽486
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6018
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽41781
₽34144
₽27866
₽30159
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
9 953
accident
-
-
-
1 327
income
-
-
-
25 064
surtax
-
-
-
7 808
health
-
-
-
11 066
pensions
-
-
-
23 608
total
-
-
-
78 826
Employee
70 802
-
140 688
-
pensions
5 663
-
11 256
-
surtax
4 340
-
8 623
-
income
6 839
-
29 597
-
health
3 151
-
6 259
-
total
19 993
-
55 735
-
Employer
70 802
-
140 688
-
health
2 159
-
4 290
-
pensions
5 663
-
11 256
-
accident
637
-
1 267
-
total
8 459
-
16 813
-
Corporate
78 239
157 500
-
-
communal
5 282
10 631
-
-
income
11 736
23 625
-
-
surtax
821
1 654
-
-
total
17 839
35 910
-
-
Dividends
60 399
121 590
-
-
income
21 183
10 762
-
-
withholding
9 059
18 239
-
-
total
30 242
29 001
-
-
Income
157 500
157 500
157 500
157 500
Total tax
76 533
64 911
72 548
78 826
After tax
80 967
92 589
84 952
78 674
Living cost
50 808
50 808
50 808
50 808
Free-cash
30 159
41 781
34 144
27 866

Estimated living cost  is ₽50808 per week

₽38114
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3078
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽538
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9077
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽78066
₽47847
₽53626
₽75093
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
42 434
other
-
-
-
-
surtax
-
-
-
6 412
unemployment
-
-
-
213
health
-
-
-
8 859
pensions
-
-
-
24 956
total
-
-
-
82 874
Employee
31 485
-
131 235
-
other
-
-
-
-
unemployment
2 191
-
8 685
-
pensions
2 101
-
8 323
-
surtax
112
-
5 358
-
income
5 278
-
36 841
-
health
804
-
3 181
-
total
10 486
-
62 388
-
Employer
31 485
-
131 235
-
health
1 432
-
5 677
-
pensions
4 198
-
16 633
-
unemployment
999
-
3 955
-
other
-
-
-
-
total
6 629
-
26 265
-
Corporate
119 386
157 500
-
-
income
31 040
40 951
-
-
total
31 040
40 951
-
-
Dividends
88 346
116 549
-
-
withholding
13 252
17 483
-
-
total
13 252
17 483
-
-
Income
157 500
157 500
157 500
157 500
Total tax
61 407
58 434
88 653
82 874
After tax
96 093
99 066
68 847
74 626
Living cost
21 000
21 000
21 000
21 000
Free-cash
75 093
78 066
47 847
53 626

Estimated living cost  is ₽21000 per week

₽12679
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1826
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽488
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6009
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽57601
₽42906
₽49985
₽55526
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
40 509
regional
-
-
-
2 375
municipal
-
-
-
937
national
-
-
-
38 509
total
-
-
-
82 330
Employee
51 862
-
157 500
-
municipal
275
-
836
-
national
8 216
-
33 345
-
regional
698
-
2 119
-
social contributions
17 488
-
53 109
-
total
26 677
-
89 409
-
Employer
51 862
-
157 500
-
total
-
-
-
-
Corporate
105 638
157 500
-
-
municipal
5 250
7 828
-
-
nationa
25 353
37 800
-
-
total
30 603
45 628
-
-
Dividends
75 035
111 873
-
-
withholding
19 509
29 086
-
-
total
19 509
29 086
-
-
Income
157 500
157 500
157 500
157 500
Total tax
76 789
74 714
89 409
82 330
After tax
80 711
82 786
68 091
75 170
Living cost
25 185
25 185
25 185
25 185
Free-cash
55 526
57 601
42 906
49 985

Estimated living cost  is ₽25185 per week

₽15663
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2551
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽431
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6540
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽79806
₽51972
₽58749
₽69590
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
15 420
social contributions
-
-
-
33 436
solidarity contribution
-
-
-
-
health
-
-
-
21 262
total
-
-
-
70 118
Employee
42 107
-
118 233
-
solidarity contribution
-
-
-
-
social contributions
2 737
-
7 443
-
income
5 053
-
14 224
-
health
5 684
-
15 961
-
total
13 474
-
37 628
-
Employer
42 107
-
118 233
-
health
3 790
-
10 641
-
social contributions
10 527
-
28 626
-
total
14 317
-
39 267
-
Corporate
101 077
157 500
-
-
income
19 205
29 925
-
-
total
19 205
29 925
-
-
Dividends
81 872
127 575
-
-
withholding
12 281
19 136
-
-
total
12 281
19 136
-
-
Income
157 500
157 500
157 500
157 500
Total tax
59 277
49 061
76 895
70 118
After tax
98 223
108 439
80 605
87 382
Living cost
28 633
28 633
28 633
28 633
Free-cash
69 590
79 806
51 972
58 749

Estimated living cost  is ₽28633 per week

₽21293
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1586
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽495
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5258
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽57485
₽11987
₽51174
₽57024
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
41 573
surtax
-
-
-
-
unemployment
-
-
-
5 734
chamber of commerce
-
-
-
630
health
-
-
-
8 355
pensions
-
-
-
20 206
total
-
-
-
76 498
Employee
40 869
37 258
124 920
-
other
408
373
1 093
-
unemployment
1 226
1 118
3 277
-
pensions
4 185
3 815
11 185
-
income
3 641
2 748
32 981
-
health
1 581
1 442
4 226
-
total
11 041
9 496
52 762
-
Employer
40 869
37 258
124 920
-
chamber of commerce
163
149
500
-
health
1 545
1 409
4 129
-
pensions
5 129
4 677
13 708
-
accident
530
484
1 419
-
unemployment
1 226
1 118
3 277
-
surtax
-
-
-
-
payroll
1 226
1 118
3 747
-
other
1 941
1 769
5 800
-
total
11 760
10 724
32 580
-
Corporate
104 870
109 518
121 372
-
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.

26 218
27 380
30 343
-
total
26 218
27 380
30 343
-
Dividends
78 653
82 139
-
-
withholding
21 629
22 587
-
-
total
21 629
22 587
-
-
Income
157 500
157 500
157 500
157 500
Total tax
70 648
70 187
115 685
76 498
After tax
86 852
87 313
41 815
81 002
Living cost
29 828
29 828
29 828
29 828
Free-cash
57 024
57 485
11 987
51 174

Estimated living cost  is ₽29828 per week

₽17893
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3046
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽532
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8357
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽137710
₽114085
₽144010
₽135476
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
14 894
-
157 500
-
income
2 979
-
31 500
-
total
2 979
-
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%.

142 606
157 500
-
-
total
-
-
-
-
Dividends
142 606
157 500
-
-
withholding
7 130
7 875
-
-
total
7 130
7 875
-
-
Income
157 500
157 500
157 500
157 500
Total tax
10 109
7 875
31 500
1 575
After tax
147 391
149 625
126 000
155 925
Living cost
11 915
11 915
11 915
11 915
Free-cash
135 476
137 710
114 085
144 010

Estimated living cost  is ₽11915 per week

₽8063
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽500
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽400
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2952
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽83360
₽48037
₽52211
₽75541
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
35 714
unemployment
-
-
-
236
health
-
-
-
15 498
pensions
-
-
-
28 764
total
-
-
-
80 212
Employee

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

41 343
-
136 280
-
unemployment
59
-
192
-
pensions
6 408
-
21 124
-
income
7 130
-
33 046
-
health
2 670
-
8 804
-
total
16 267
-
63 166
-
Employer

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

41 343
-
136 280
-
health
2 754
-
9 077
-
pensions
3 658
-
12 061
-
unemployment
25
-
82
-
total
6 437
-
21 220
-
Corporate
109 720
157 500
-
-
income
20 847
29 926
-
-
total
20 847
29 926
-
-
Dividends
88 873
127 574
-
-
withholding
13 331
19 137
-
-
total
13 331
19 137
-
-
Income
157 500
157 500
157 500
157 500
Total tax
56 882
49 063
84 386
80 212
After tax
100 618
108 437
73 114
77 288
Living cost
25 077
25 077
25 077
25 077
Free-cash
75 541
83 360
48 037
52 211

Estimated living cost  is ₽25077 per week

₽17210
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1607
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽486
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5775
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽55576
₽104982
₽68598
₽11209
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
57 709
-
-
-
social contributions
4 732
-
674
-
income
12 729
-
-
-
total
17 461
-
674
-
Employer
57 709
-
-
-
social contributions
81 369
-
11 597
-
total
81 369
-
11 597
-
Corporate
18 422
157 500
-
-
income
4 053
34 650
-
-
total
4 053
34 650
-
-
Dividends
14 369
122 850
-
-
income
3 161
27 027
-
-
total
3 161
27 027
-
-
Income
157 500
157 500
157 500
157 500
Total tax
106 044
61 677
12 271
48 655
After tax
51 456
95 823
145 229
108 845
Living cost
40 247
40 247
40 247
40 247
Free-cash
11 209
55 576
104 982
68 598

Estimated living cost  is ₽40247 per week

₽26114
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3785
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽513
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9835
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽60261
₽43542
₽55325
₽59319
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
18 118
surtax
-
-
-
-
social contributions

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

-
-
-
54 731
total
-
-
-
72 849
Employee
43 000
-
127 273
-
surtax
-
-
-
-
social contributions
4 730
-
14 000
-
income
8 944
-
40 405
-
total
13 674
-
54 405
-
Employer
43 000
-
127 273
-
social contributions
10 212
-
30 227
-
total
10 212
-
30 227
-
Corporate
104 288
157 500
-
-
income
21 901
33 075
-
-
surtax
-
-
-
-
total
21 901
33 075
-
-
Dividends
82 387
124 425
-
-
withholding
23 068
34 838
-
-
total
23 068
34 838
-
-
Income
157 500
157 500
157 500
157 500
Total tax
68 855
67 913
84 632
72 849
After tax
88 645
89 587
72 868
84 651
Living cost
29 326
29 326
29 326
29 326
Free-cash
59 319
60 261
43 542
55 325

Estimated living cost  is ₽29326 per week

₽21942
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1730
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽490
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5165
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽34223
₽42189
₽43716
₽40648
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
24 052
other
-
-
-
4 883
surtax
-
-
-
-
social contributions
-
-
-
4 487
health
-
-
-
6 437
pensions
-
-
-
28 769
total
-
-
-
68 628
Employee
58 557
-
122 445
-
pensions
6 623
-
8 287
-
surtax
-
-
-
-
social contributions
1 668
-
3 488
-
income
5 109
-
23 325
-
total
13 400
-
35 100
-
Employer
58 557
-
122 445
-
health
4 098
-
11 060
-
pensions
9 622
-
13 990
-
unemployment
2 372
-
4 959
-
social contributions
176
-
367
-
other
2 021
-
4 679
-
total
18 289
-
35 055
-
Corporate
80 655
157 500
-
-
income
22 584
44 100
-
-
surtax
-
-
-
-
total
22 584
44 100
-
-
Dividends
58 071
113 400
-
-
surtax
-
-
-
-
social contributions
9 989
19 506
-
-
withholding
7 434
14 515
-
-
total
17 423
34 021
-
-
Income
157 500
157 500
157 500
157 500
Total tax
71 696
78 121
70 155
68 628
After tax
85 804
79 379
87 345
88 872
Living cost
45 156
45 156
45 156
45 156
Free-cash
40 648
34 223
42 189
43 716

Estimated living cost  is ₽45156 per week

₽30561
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3694
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.
₽10282
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽113646
₽92324
₽88139
₽110506
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
6 607
social contributions
-
-
-
34 650
total
-
-
-
41 257
Employee
30 057
-
136 364
-
income
-
-
7 072
-
social contributions
1 953
-
8 864
-
total
1 953
-
15 936
-
Employer
30 057
-
136 364
-
social contributions
4 659
-
21 136
-
total
4 659
-
21 136
-
Corporate
122 784
157 500
-
-
income
12 278
15 750
-
-
total
12 278
15 750
-
-
Dividends
110 506
141 750
-
-
total
-
-
-
-
Income
157 500
157 500
157 500
157 500
Total tax
18 890
15 750
37 072
41 257
After tax
138 610
141 750
120 428
116 243
Living cost
28 104
28 104
28 104
28 104
Free-cash
110 506
113 646
92 324
88 139

Estimated living cost  is ₽28104 per week

₽18171
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2118
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽529
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7285
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽46001
-₽46001
₽48313
-₽46001
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
12 535
municipal
-
-
-
32 600
national
-
-
-
18 260
pensions
-
-
-
810
total
-
-
-
64 205
Employee
189 858
189 858
189 858
-
municipal
40 429
40 429
40 429
-
labour market
15 167
15 167
15 167
-
pensions
270
270
270
-
national
23 195
23 195
23 195
-
total
79 061
79 061
79 061
-
Employer
189 858
189 858
189 858
-
national
23 235
23 235
23 235
-
labour market
15 189
15 189
15 189
-
pensions
540
540
540
-
municipal
40 494
40 494
40 494
-
total
79 458
79 458
79 458
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
157 500
157 500
157 500
157 500
Total tax
158 519
158 519
158 519
64 205
After tax
-1 019
-1 019
-1 019
93 295
Living cost
44 982
44 982
44 982
44 982
Free-cash
-46 001
-46 001
-46 001
48 313

Estimated living cost  is ₽44982 per week

₽30786
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3979
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽692
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9525
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽7717
₽64763
₽87225
₽9616
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
239
income
-
-
-
43 221
other
-
-
-
350
health
-
-
-
2 060
pensions
-
-
-
3 930
total
-
-
-
49 800
Employee
32 208
-
141 273
-
pensions
3 627
-
7 207
-
income
4 419
-
32 652
-
health
3 688
-
16 176
-
total
11 734
-
56 035
-
Employer
32 208
-
141 273
-
pensions
5 237
-
10 407
-
accident
538
-
2 359
-
unemployment
789
-
3 461
-
total
6 564
-
16 227
-
Corporate
118 728
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.

106 855
141 750
-
-
total
106 855
141 750
-
-
Dividends
11 873
15 750
-
-
withholding
2 256
2 992
-
-
total
2 256
2 992
-
-
Income
157 500
157 500
157 500
157 500
Total tax
127 409
144 742
72 262
49 800
After tax
30 091
12 758
85 238
107 700
Living cost
20 475
20 475
20 475
20 475
Free-cash
9 616
-7 717
64 763
87 225

Estimated living cost  is ₽20475 per week

₽14903
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1167
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽384
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4020
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽63245
₽47186
₽66735
₽65421
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
2 035
municipal
-
-
-
27 983
national
-
-
-
24 852
total
-
-
-
54 870
Employee
49 189
-
132 498
-
municipal
8 057
-
21 585
-
unemployment
738
-
1 987
-
pensions
3 320
-
8 944
-
national
813
-
15 252
-
health
367
-
1 650
-
total
13 295
-
49 418
-
Employer
49 189
-
132 498
-
health
378
-
1 020
-
pensions
8 534
-
22 988
-
accident
50
-
133
-
unemployment
319
-
860
-
total
9 281
-
25 001
-
Corporate
99 030
157 500
-
-
income
19 806
31 499
-
-
total
19 806
31 499
-
-
Dividends

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

59 419
94 500
-
-
municipal
10 695
17 009
-
-
national
3 107
9 852
-
-
total
13 802
26 861
-
-
Income
157 500
157 500
157 500
157 500
Total tax
56 184
58 360
74 419
54 870
After tax
101 316
99 140
83 081
102 630
Living cost
35 895
35 895
35 895
35 895
Free-cash
65 421
63 245
47 186
66 735

Estimated living cost  is ₽35895 per week

₽23446
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3453
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽571
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8426
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽93275
₽84959
₽86364
₽88187
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
30 346
social contributions
-
-
-
15 127
health
-
-
-
4 017
total
-
-
-
49 490
Employee
71 892
71 892
146 738
-
social contributions
2 718
5 967
8 048
-
income
7 828
6 655
29 589
-
health
557
1 222
2 495
-
total
11 103
13 844
40 132
-
Employer
71 892
71 892
146 738
-
health
605
1 331
2 715
-
social contributions
2 718
5 967
8 048
-
total
3 323
7 298
10 763
-
Corporate
121 428
78 311
-
-
income
15 178
9 788
-
-
total
15 178
9 788
-
-
Dividends
106 249
68 522
-
-
withholding
18 063
11 649
-
-
total
18 063
11 649
-
-
Income
157 500
157 500
157 500
157 500
Total tax
47 667
42 579
50 895
49 490
After tax
109 833
114 921
106 605
108 010
Living cost
21 646
21 646
21 646
21 646
Free-cash
88 187
93 275
84 959
86 364

Estimated living cost  is ₽21646 per week

₽12973
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2124
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽479
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6071
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽115583
₽98580
₽117335
₽110826
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
15 964
unemployment
-
-
-
27
health
-
-
-
3 383
pensions
-
-
-
5 947
total
-
-
-
25 321
Employee

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

21 460
-
148 363
-
unemployment
106
-
444
-
pensions
3 218
-
13 307
-
income
1 467
-
13 647
-
health
1 824
-
7 540
-
total
6 615
-
34 938
-
Employer

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

21 460
-
148 363
-
health
923
-
3 815
-
pensions
1 180
-
4 879
-
unemployment
106
-
444
-
total
2 209
-
9 138
-
Corporate
133 831
157 500
-
-
income
12 045
14 174
-
-
total
12 045
14 174
-
-
Dividends
121 786
143 326
-
-
withholding
10 961
12 899
-
-
total
10 961
12 899
-
-
Income
157 500
157 500
157 500
157 500
Total tax
31 830
27 073
44 076
25 321
After tax
125 670
130 427
113 424
132 179
Living cost
14 844
14 844
14 844
14 844
Free-cash
110 826
115 583
98 580
117 335

Estimated living cost  is ₽14844 per week

₽9471
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1070
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽442
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3861
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽79361
₽58836
₽62759
₽75231
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
781
income
-
-
-
43 033
other
-
-
-
87
unemployment
-
-
-
607
pensions
-
-
-
24 523
total
-
-
-
69 031
Employee
34 570
-
129 874
-
other
34
-
87
-
unemployment
536
-
1 343
-
pensions
1 625
-
4 074
-
income
6 665
-
39 823
-
total
8 860
-
45 327
-
Employer
34 570
-
129 874
-
pensions
8 158
-
20 451
-
accident
685
-
1 716
-
unemployment
1 902
-
4 766
-
other
277
-
694
-
total
11 022
-
27 627
-
Corporate
111 909
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.

16 786
23 625
-
-
total
16 786
23 625
-
-
Dividends
95 123
133 875
-
-
withholding
19 891
28 804
-
-
total
19 891
28 804
-
-
Income
157 500
157 500
157 500
157 500
Total tax
56 559
52 429
72 954
69 031
After tax
100 941
105 071
84 546
88 469
Living cost
25 710
25 710
25 710
25 710
Free-cash
75 231
79 361
58 836
62 759

Estimated living cost  is ₽25710 per week

₽17354
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2471
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽451
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5434
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Valencia model

Close
Istanbul , Turkey
₽96450
₽99340
₽99470
₽96149
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
53 897
health
-
-
-
968
pensions
-
-
-
1 335
total
-
-
-
56 200
Employee
2 788
-
155 998
-
unemployment
28
-
67
-
pensions
251
-
601
-
income
539
-
53 827
-
health
139
-
334
-
total
957
-
54 829
-
Employer
2 788
-
155 998
-
health
265
-
634
-
pensions
307
-
734
-
unemployment
56
-
133
-
total
628
-
1 501
-
Corporate
154 085
157 500
-
-
income
33 899
34 650
-
-
total
33 899
34 650
-
-
Dividends
120 186
122 850
-
-
withholding
24 037
24 570
-
-
total
24 037
24 570
-
-
Income
157 500
157 500
157 500
157 500
Total tax
59 521
59 220
56 330
56 200
After tax
97 979
98 280
101 170
101 300
Living cost
1 830
1 830
1 830
1 830
Free-cash
96 149
96 450
99 340
99 470

Estimated living cost  is ₽1830 per week

₽1088
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽148
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽42
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽552
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽97618
₽79727
₽79726
₽93016
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
35 468
unemployment
-
-
-
1 037
health
-
-
-
7 120
pensions
-
-
-
17 973
total
-
-
-
61 598
Employee

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

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

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

24 392
-
145 127
-
unemployment
183
-
518
-
pensions
3 415
-
9 678
-
income
3 362
-
35 468
-
health
1 256
-
3 560
-
total
8 216
-
49 224
-
Employer

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

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

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

24 392
-
145 127
-
health
1 256
-
3 560
-
pensions
2 927
-
8 295
-
unemployment
183
-
518
-
total
4 366
-
12 373
-
Corporate
128 742
157 500
-
-
income
19 311
23 625
-
-
total
19 311
23 625
-
-
Dividends
109 431
133 875
-
-
withholding
16 415
20 081
-
-
total
16 415
20 081
-
-
Income
157 500
157 500
157 500
157 500
Total tax
48 308
43 706
61 597
61 598
After tax
109 192
113 794
95 903
95 902
Living cost
16 176
16 176
16 176
16 176
Free-cash
93 016
97 618
79 727
79 726

Estimated living cost  is ₽16176 per week

₽10891
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1251
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.
₽3565
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽64382
₽47663
₽59446
₽64045
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
18 118
surtax
-
-
-
-
social contributions

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

-
-
-
54 731
total
-
-
-
72 849
Employee
36 287
-
127 273
-
surtax
-
-
-
-
social contributions
3 992
-
14 000
-
income
7 090
-
40 405
-
total
11 082
-
54 405
-
Employer
36 287
-
127 273
-
social contributions
8 617
-
30 227
-
total
8 617
-
30 227
-
Corporate
112 596
157 500
-
-
income
23 645
33 075
-
-
surtax
-
-
-
-
total
23 645
33 075
-
-
Dividends
88 951
124 425
-
-
withholding
24 906
34 838
-
-
total
24 906
34 838
-
-
Income
157 500
157 500
157 500
157 500
Total tax
68 250
67 913
84 632
72 849
After tax
89 250
89 587
72 868
84 651
Living cost
25 205
25 205
25 205
25 205
Free-cash
64 045
64 382
47 663
59 446

Estimated living cost  is ₽25205 per week

₽17852
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1751
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽447
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5156
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽72213
₽51688
₽55611
₽65986
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
781
income
-
-
-
43 033
other
-
-
-
87
unemployment
-
-
-
607
pensions
-
-
-
24 523
total
-
-
-
69 031
Employee
45 153
-
129 874
-
other
44
-
87
-
unemployment
699
-
1 343
-
pensions
2 122
-
4 074
-
income
9 431
-
39 823
-
total
12 296
-
45 327
-
Employer
45 153
-
129 874
-
pensions
10 656
-
20 451
-
accident
894
-
1 716
-
unemployment
2 484
-
4 766
-
other
362
-
694
-
total
14 396
-
27 627
-
Corporate
97 951
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.

14 692
23 625
-
-
total
14 692
23 625
-
-
Dividends
83 259
133 875
-
-
withholding
17 272
28 804
-
-
total
17 272
28 804
-
-
Income
157 500
157 500
157 500
157 500
Total tax
58 656
52 429
72 954
69 031
After tax
98 844
105 071
84 546
88 469
Living cost
32 858
32 858
32 858
32 858
Free-cash
65 986
72 213
51 688
55 611

Estimated living cost  is ₽32858 per week

₽23597
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2555
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽463
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6243
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽118573
₽115161
₽109063
₽112872
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
131
health
-
-
-
3 757
pensions

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

-
-
-
4 835
total
-
-
-
32 348
Employee
21 305
-
151 090
-
accident

We are using the highest rate at 1.1%.

234
-
359
-
pensions

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

1 870
-
2 869
-
income
2 131
-
15 109
-
health
980
-
1 503
-
total
5 215
-
19 840
-
Employer
21 305
-
151 090
-
health
1 470
-
2 254
-
pensions

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

2 348
-
3 600
-
accident

We are using the highest rate at 1.1%.

234
-
359
-
unemployment
128
-
196
-
total
4 180
-
6 409
-
Corporate
132 015
157 500
-
-
income
13 202
15 750
-
-
total
13 202
15 750
-
-
Dividends
118 813
141 750
-
-
withholding
5 941
7 088
-
-
total
5 941
7 088
-
-
Income
157 500
157 500
157 500
157 500
Total tax
28 538
22 838
26 249
32 348
After tax
128 962
134 662
131 251
125 152
Living cost
16 090
16 090
16 090
16 090
Free-cash
112 872
118 573
115 161
109 063

Estimated living cost  is ₽16090 per week

₽10641
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽921
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽384
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4144
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽44975
₽64495
₽48131
₽57208
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
47 888
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.

-
-
-
2 635
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.

-
-
-
6 387
trade
-
-
-
16 364
total
-
-
-
73 274
Employee

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

46 519
-
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.

211
-
2 635
-
income

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

3 825
-
47 888
-
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.

6 387
-
6 387
-
total
10 423
-
56 910
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
110 981
157 500
-
-
income
16 647
23 625
-
-
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.

915
1 299
-
-
chamber of commerce
305
373
-
-
trade
15 925
22 602
-
-
total
33 792
47 899
-
-
Dividends
77 188
109 602
-
-
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.

1 041
1 487
-
-
withholding
18 941
27 044
-
-
total
19 982
28 531
-
-
Income
157 500
157 500
157 500
157 500
Total tax
64 197
76 430
56 910
73 274
After tax
93 303
81 070
100 590
84 226
Living cost
36 095
36 095
36 095
36 095
Free-cash
57 208
44 975
64 495
48 131

Estimated living cost  is ₽36095 per week

₽24899
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3884
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽523
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6788
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽56993
₽30584
₽30584
₽59055
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
47 547
social contributions
-
-
-
26 111
total
-
-
-
73 658
Employee
73 133
-
157 500
-
income
13 800
-
47 547
-
social contributions
6 076
-
26 111
-
total
19 876
-
73 658
-
Employer
73 133
-
157 500
-
total
-
-
-
-
Corporate
84 367
157 500
-
-
income
10 546
19 687
-
-
total
10 546
19 687
-
-
Dividends
73 821
137 813
-
-
withholding
14 765
27 562
-
-
total
14 765
27 562
-
-
Income
157 500
157 500
157 500
157 500
Total tax
45 187
47 249
73 658
73 658
After tax
112 313
110 251
83 842
83 842
Living cost
53 258
53 258
53 258
53 258
Free-cash
59 055
56 993
30 584
30 584

Estimated living cost  is ₽53258 per week

₽40518
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4340
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽509
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7892
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽63498
₽78486
₽91199
₽66765
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
26 613
health

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

-
-
-
5 750
total
-
-
-
32 363
Employee
42 889
-
153 199
-
income
4 654
-
36 474
-
social contributions
4 297
-
4 301
-
total
8 951
-
40 775
-
Employer
42 889
-
153 199
-
social contributions
4 297
-
4 301
-
total
4 297
-
4 301
-
Corporate
110 314
157 500
-
-
income
38 610
55 125
-
-
total
38 610
55 125
-
-
Dividends
71 703
102 375
-
-
social contributions
4 939
4 939
-
-
total
4 939
4 939
-
-
Income
157 500
157 500
157 500
157 500
Total tax
56 797
60 064
45 076
32 363
After tax
100 703
97 436
112 424
125 137
Living cost
33 938
33 938
33 938
33 938
Free-cash
66 765
63 498
78 486
91 199

Estimated living cost  is ₽33938 per week

₽22355
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2676
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽520
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8387
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽69332
₽56213
₽70501
₽74806
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
44 442
pensions
-
-
-
8 211
total
-
-
-
52 653
Employee
47 144
-
137 635
-
pensions
3 598
-
10 140
-
income
8 585
-
34 920
-
health
615
-
2 016
-
total
12 798
-
47 076
-
Employer
47 144
-
137 635
-
health
896
-
2 615
-
pensions
4 763
-
17 250
-
total
5 659
-
19 865
-
Corporate
104 697
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.

19 893
29 924
-
-
total
19 893
29 924
-
-
Dividends
84 803
127 576
-
-
withholding
9 998
23 898
-
-
total
9 998
23 898
-
-
Income
157 500
157 500
157 500
157 500
Total tax
48 348
53 822
66 941
52 653
After tax
109 152
103 678
90 559
104 847
Living cost
34 346
34 346
34 346
34 346
Free-cash
74 806
69 332
56 213
70 501

Estimated living cost  is ₽34346 per week

₽23561
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3158
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽430
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7195
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽9744
₽62736
₽85198
₽9305
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
239
income
-
-
-
43 221
other
-
-
-
350
health
-
-
-
2 060
pensions
-
-
-
3 930
total
-
-
-
49 800
Employee
35 396
-
141 273
-
pensions
3 986
-
7 207
-
income
4 856
-
32 652
-
health
4 053
-
16 176
-
total
12 895
-
56 035
-
Employer
35 396
-
141 273
-
pensions
5 755
-
10 407
-
accident
591
-
2 359
-
unemployment
867
-
3 461
-
total
7 213
-
16 227
-
Corporate
114 891
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.

103 402
141 750
-
-
total
103 402
141 750
-
-
Dividends
11 489
15 750
-
-
withholding
2 183
2 992
-
-
total
2 183
2 992
-
-
Income
157 500
157 500
157 500
157 500
Total tax
125 693
144 742
72 262
49 800
After tax
31 807
12 758
85 238
107 700
Living cost
22 502
22 502
22 502
22 502
Free-cash
9 305
-9 744
62 736
85 198

Estimated living cost  is ₽22502 per week

₽16514
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1311
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽453
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4223
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽119922
₽98489
₽77953
₽115553
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
25 862
unemployment
-
-
-
1 792
work injury
-
-
-
747
health insurance
-
-
-
11 052
pensions
-
-
-
27 480
total
-
-
-
66 933
Employee

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

20 183
-
157 500
-
health insurance
1 493
-
5 526
-
unemployment
242
-
896
-
work injury
101
-
373
-
pensions
3 714
-
13 740
-
income
2 018
-
25 862
-
total
7 568
-
46 397
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
137 317
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%.

1 373
1 575
-
-
total
1 373
1 575
-
-
Dividends
135 944
155 925
-
-
withholding
20 392
23 389
-
-
total
20 392
23 389
-
-
Income
157 500
157 500
157 500
157 500
Total tax
29 333
24 964
46 397
66 933
After tax
128 167
132 536
111 103
90 567
Living cost
12 614
12 614
12 614
12 614
Free-cash
115 553
119 922
98 489
77 953

Estimated living cost  is ₽12614 per week

₽7815
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽917
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽394
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3489
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Skopje model

Close
Rome , Italy
₽45714
₽29668
₽36586
₽41464
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
40 509
regional
-
-
-
3 599
municipal
-
-
-
1 052
national
-
-
-
38 509
total
-
-
-
83 669
Employee
78 783
-
157 500
-
municipal
470
-
940
-
national
13 314
-
33 345
-
regional
1 189
-
3 193
-
social contributions
26 565
-
53 109
-
total
41 538
-
90 587
-
Employer
78 783
-
157 500
-
total
-
-
-
-
Corporate
78 717
157 500
-
-
municipal
3 793
7 592
-
-
nationa
18 892
37 800
-
-
total
22 685
45 392
-
-
Dividends
56 032
112 109
-
-
withholding
14 568
29 149
-
-
total
14 568
29 149
-
-
Income
157 500
157 500
157 500
157 500
Total tax
78 791
74 541
90 587
83 669
After tax
78 709
82 959
66 913
73 831
Living cost
37 246
37 246
37 246
37 246
Free-cash
41 464
45 714
29 668
36 586

Estimated living cost  is ₽37246 per week

₽26163
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2562
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽562
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7957
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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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