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
₽54330
₽51190
₽61507
₽72304
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
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.

-
-
-
6 374
trade
-
-
-
17 974
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.

-
-
-
2 636
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.

-
-
-
47 927
total
-
-
-
74 911
Employee

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

35 684
-
157 500
-
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.

6 374
-
6 374
-
surtax

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

55
-
2 636
-
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.

997
-
47 927
-
total
7 426
-
56 937
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
121 816
157 500
-
-
trade
19 187
24 806
-
-
chamber of commerce
317
368
-
-
surtax

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

1 006
1 300
-
-
income
18 273
23 625
-
-
total
38 783
50 099
-
-
Dividends
83 033
107 401
-
-
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.

1 122
1 457
-
-
withholding
20 403
26 495
-
-
total
21 525
27 952
-
-
Income
157 500
157 500
157 500
157 500
Total tax
67 734
78 051
56 937
74 911
After tax
89 766
79 449
100 563
82 589
Living cost
28 259
28 259
28 259
28 259
Free-cash
61 507
51 190
72 304
54 330

Estimated living cost  is ₽28259 per week

₽17776
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3295
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽528
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6661
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽44085
₽49214
₽48398
₽45320
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
municipal
-
-
-
17 162
social contributions
-
-
-
1 693
national
-
-
-
26 594
pensions
-
-
-
18 900
total
-
-
-
64 349
Employee
76 061
-
136 157
-
pensions
3 042
-
5 446
-
national
14 558
-
27 539
-
municipal
9 395
-
17 772
-
total
26 995
-
50 757
-
Employer
76 061
-
136 157
-
pensions
6 085
-
10 893
-
social contributions
818
-
1 464
-
total
6 903
-
12 357
-
Corporate
69 516
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%.

13 903
31 500
-
-
total
13 903
31 500
-
-
Dividends
55 613
126 000
-
-
withholding
12 235
27 720
-
-
total
12 235
27 720
-
-
Income
157 500
157 500
157 500
157 500
Total tax
60 036
59 220
63 114
64 349
After tax
97 464
98 280
94 386
93 151
Living cost
49 066
49 066
49 066
49 066
Free-cash
48 398
49 214
45 320
44 085

Estimated living cost  is ₽49066 per week

₽33350
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4561
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽734
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10421
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽34354
₽106590
₽98937
₽45837
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
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.

-
-
-
35 746
income
-
-
-
27 828
microenterprise
-
-
-
-
surtax
-
-
-
40 162
total
-
-
-
103 736
Employee
27 262
-
117 760
-
surtax
-
-
17 075
-
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.

2 999
-
12 230
-
income
4 853
-
23 209
-
total
7 852
-
52 514
-
Employer
27 262
-
117 760
-
surtax
-
-
12 953
-
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.

6 567
-
26 786
-
total
6 567
-
39 739
-
Corporate
123 671
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%.

24 734
31 500
-
-
total
24 734
31 500
-
-
Dividends

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

98 938
126 000
-
-
total
-
-
-
-
Income
157 500
157 500
157 500
157 500
Total tax
39 153
31 500
92 253
103 736
After tax
118 347
126 000
65 247
53 764
Living cost
19 410
19 410
19 410
19 410
Free-cash
98 937
106 590
45 837
34 354

Estimated living cost  is ₽19410 per week

₽12383
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1848
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽441
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4738
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽48345
₽38794
₽33076
₽58577
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
11 505
pensions
-
-
-
10 931
income
-
-
-
47 636
total
-
-
-
70 072
Employee
79 672
79 672
140 162
-
health
12 229
10 402
11 505
-
pensions
14 341
10 931
10 931
-
income

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

13 041
13 041
20 066
-
total
39 611
34 374
42 502
-
Employer
79 672
79 672
140 162
-
health
5 538
5 538
6 882
-
pensions
5 545
5 545
6 892
-
unemployment
2 868
2 868
3 564
-
total
13 951
13 951
17 338
-
Corporate
64 854
63 877
-
-
income
12 971
12 776
-
-
total
12 971
12 776
-
-
Dividends
51 884
51 101
-
-
income
11 025
10 858
-
-
withholding
7 783
7 664
-
-
total
18 808
18 522
-
-
Income
157 500
157 500
157 500
157 500
Total tax
85 341
79 623
59 840
70 072
After tax
72 159
77 877
97 660
87 428
Living cost
39 083
39 083
39 083
39 083
Free-cash
33 076
38 794
58 577
48 345

Estimated living cost  is ₽39083 per week

₽27697
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3523
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽621
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7241
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽42763
₽46972
₽46097
₽41817
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
5 337
accident
-
-
-
171
other
-
-
-
9 938
municipal
-
-
-
39 578
pensions
-
-
-
9 245
national
-
-
-
11 359
unemployment
-
-
-
86
total
-
-
-
75 714
Employee
55 604
-
130 628
-
national
-
-
10 835
-
municipal
16 581
-
38 953
-
total
16 581
-
49 788
-
Employer
55 604
-
130 628
-
health
3 420
-
5 260
-
accident
111
-
171
-
pensions
6 011
-
9 245
-
other
6 461
-
9 938
-
unemployment
1 468
-
2 258
-
total
17 471
-
26 872
-
Corporate
84 425
157 500
-
-
income
18 573
34 650
-
-
total
18 573
34 650
-
-
Dividends
65 851
122 850
-
-
withholding
19 755
36 855
-
-
total
19 755
36 855
-
-
Income
157 500
157 500
157 500
157 500
Total tax
72 380
71 505
76 660
75 714
After tax
85 120
85 995
80 840
81 786
Living cost
39 023
39 023
39 023
39 023
Free-cash
46 097
46 972
41 817
42 763

Estimated living cost  is ₽39023 per week

₽25863
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3829
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽593
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8738
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽45140
₽41985
₽55098
₽63912
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
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.

-
-
-
6 374
trade
-
-
-
18 772
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.

-
-
-
2 636
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.

-
-
-
47 927
total
-
-
-
75 709
Employee

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

47 313
-
157 500
-
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.

6 374
-
6 374
-
surtax

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

223
-
2 636
-
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.

4 065
-
47 927
-
total
10 662
-
56 937
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
110 187
157 500
-
-
trade
18 126
25 909
-
-
chamber of commerce
299
366
-
-
surtax

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

908
1 300
-
-
income
16 527
23 625
-
-
total
35 860
51 200
-
-
Dividends
74 326
106 299
-
-
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.

1 002
1 443
-
-
withholding
18 227
26 221
-
-
total
19 229
27 664
-
-
Income
157 500
157 500
157 500
157 500
Total tax
65 751
78 864
56 937
75 709
After tax
91 749
78 636
100 563
81 791
Living cost
36 651
36 651
36 651
36 651
Free-cash
55 098
41 985
63 912
45 140

Estimated living cost  is ₽36651 per week

₽24512
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3865
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽547
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7726
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽77733
₽84659
₽80791
₽76328
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
4 015
social contributions
-
-
-
15 095
income
-
-
-
30 396
total
-
-
-
49 506
Employee
71 741
71 741
146 755
-
health
714
1 220
2 495
-
social contributions
3 486
5 954
8 031
-
income
7 533
6 641
29 640
-
total
11 733
13 815
40 166
-
Employer
71 741
71 741
146 755
-
health
777
1 328
2 714
-
social contributions
3 486
5 954
8 031
-
total
4 263
7 282
10 745
-
Corporate
111 243
78 477
-
-
income
13 905
9 810
-
-
total
13 905
9 810
-
-
Dividends
97 338
68 667
-
-
withholding
16 547
11 673
-
-
total
16 547
11 673
-
-
Income
157 500
157 500
157 500
157 500
Total tax
46 448
42 580
50 911
49 506
After tax
111 052
114 920
106 589
107 994
Living cost
30 261
30 261
30 261
30 261
Free-cash
80 791
84 659
76 328
77 733

Estimated living cost  is ₽30261 per week

₽20686
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2364
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽508
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6703
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽92037
₽71420
₽71775
₽74232
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
11 025
pensions
-
-
-
15 750
unemployment
-
-
-
2 362
income
-
-
-
19 254
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.

24 643
9 808
131 799
-
health
1 725
687
9 226
-
pensions
2 464
981
13 180
-
unemployment
370
147
1 977
-
income
3 013
1 199
16 112
-
total
7 572
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.

24 643
9 808
131 799
-
pensions
4 805
1 912
25 701
-
total
4 805
1 912
25 701
-
Corporate
128 051
145 780
-
-
income
11 525
13 120
-
-
total
11 525
13 120
-
-
Dividends
116 527
132 660
-
-
social contributions
22 611
25 757
-
-
withholding
22 140
25 205
-
-
total
44 751
50 962
-
-
Income
157 500
157 500
157 500
157 500
Total tax
68 653
69 008
66 196
48 391
After tax
88 847
88 492
91 304
109 109
Living cost
17 072
17 072
17 072
17 072
Free-cash
71 775
71 420
74 232
92 037

Estimated living cost  is ₽17072 per week

₽11650
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
₽61884
₽103465
₽97670
₽68244
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
20 476
pensions
-
-
-
31 499
income
-
-
-
21 106
total
-
-
-
73 081
Employee
26 467
-
117 714
-
pensions
529
-
2 355
-
unemployment
423
-
1 884
-
income
2 980
-
22 696
-
total
3 932
-
26 935
-
Employer
26 467
-
117 714
-
health
3 440
-
15 302
-
pensions
5 294
-
23 542
-
unemployment
212
-
942
-
total
8 946
-
39 786
-
Corporate
122 087
157 500
-
-
income
24 417
31 500
-
-
total
24 417
31 500
-
-
Dividends
97 670
126 000
-
-
total
-
-
-
-
Income
157 500
157 500
157 500
157 500
Total tax
37 295
31 500
66 721
73 081
After tax
120 205
126 000
90 779
84 419
Living cost
22 535
22 535
22 535
22 535
Free-cash
97 670
103 465
68 244
61 884

Estimated living cost  is ₽22535 per week

₽15456
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1342
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.
₽5283
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽86996
-₽7944
₽9581
₽64560
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
2 052
accident
-
-
-
238
other
-
-
-
349
pensions
-
-
-
3 915
income
-
-
-
43 249
total
-
-
-
49 803
Employee
32 564
-
141 311
-
health
3 729
-
16 180
-
pensions
3 667
-
7 179
-
income
4 468
-
32 691
-
total
11 864
-
56 050
-
Employer
32 564
-
141 311
-
accident
544
-
2 360
-
pensions
5 295
-
10 367
-
unemployment
798
-
3 462
-
total
6 637
-
16 189
-
Corporate
118 299
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.

106 469
141 750
-
-
total
106 469
141 750
-
-
Dividends
11 830
15 750
-
-
withholding
2 248
2 993
-
-
total
2 248
2 993
-
-
Income
157 500
157 500
157 500
157 500
Total tax
127 218
144 743
72 239
49 803
After tax
30 282
12 757
85 261
107 697
Living cost
20 701
20 701
20 701
20 701
Free-cash
9 581
-7 944
64 560
86 996

Estimated living cost  is ₽20701 per week

₽15172
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1147
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽432
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3950
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽148181
₽141881
₽140429
₽118256
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
9 679
-
157 500
-
income
1 936
-
31 500
-
total
1 936
-
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%.

147 821
157 500
-
-
total
-
-
-
-
Dividends
147 821
157 500
-
-
withholding
7 391
7 875
-
-
total
7 391
7 875
-
-
Income
157 500
157 500
157 500
157 500
Total tax
9 327
7 875
31 500
1 575
After tax
148 173
149 625
126 000
155 925
Living cost
7 744
7 744
7 744
7 744
Free-cash
140 429
141 881
118 256
148 181

Estimated living cost  is ₽7744 per week

₽4799
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽644
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽213
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2088
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽61939
₽90857
₽84555
₽64565
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
6 243
other
-
-
-
6 738
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.

-
-
-
34 050
income
-
-
-
23 670
total
-
-
-
70 701
Employee
33 875
-
125 798
-
health
474
-
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.

2 371
-
8 806
-
unemployment
338
-
1 259
-
income
5 832
-
24 544
-
total
9 015
-
36 371
-
Employer
33 875
-
125 798
-
health
474
-
1 762
-
accident
271
-
1 006
-
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.

5 759
-
21 386
-
other
1 694
-
6 291
-
unemployment
338
-
1 259
-
total
8 536
-
31 704
-
Corporate
115 088
157 500
-
-
income
24 169
33 074
-
-
total
24 169
33 074
-
-
Dividends
90 919
124 426
-
-
withholding
6 365
8 709
-
-
total
6 365
8 709
-
-
Income
157 500
157 500
157 500
157 500
Total tax
48 085
41 783
68 075
70 701
After tax
109 415
115 717
89 425
86 799
Living cost
24 860
24 860
24 860
24 860
Free-cash
84 555
90 857
64 565
61 939

Estimated living cost  is ₽24860 per week

₽17565
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1678
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.
₽5216
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Bratislava model

Close
London , United Kingdom
₽42719
₽41580
₽43033
₽28426
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
pensions
-
-
-
8 241
income
-
-
-
44 341
total
-
-
-
52 582
Employee
88 002
-
137 643
-
health
1 450
-
2 020
-
pensions
8 490
-
10 182
-
income
15 863
-
34 815
-
total
25 803
-
47 017
-
Employer
88 002
-
137 643
-
health
1 671
-
2 616
-
pensions
10 391
-
17 242
-
total
12 062
-
19 858
-
Corporate
57 436
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.

10 913
29 924
-
-
total
10 913
29 924
-
-
Dividends
46 523
127 576
-
-
withholding
3 490
23 797
-
-
total
3 490
23 797
-
-
Income
157 500
157 500
157 500
157 500
Total tax
52 268
53 721
66 875
52 582
After tax
105 232
103 779
90 625
104 918
Living cost
62 199
62 199
62 199
62 199
Free-cash
43 033
41 580
28 426
42 719

Estimated living cost  is ₽62199 per week

₽46607
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽7308
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽506
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7779
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽112935
₽122427
₽118092
₽119037
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
3 749
pensions

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

-
-
-
4 825
unemployment
-
-
-
130
income
-
-
-
23 625
total
-
-
-
32 329
Employee
16 202
-
151 104
-
health
745
-
1 500
-
accident

We are using the highest rate at 1.1%.

178
-
359
-
pensions

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

1 423
-
2 862
-
income
1 620
-
15 110
-
total
3 966
-
19 831
-
Employer
16 202
-
151 104
-
health
1 118
-
2 249
-
accident

We are using the highest rate at 1.1%.

178
-
359
-
pensions

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

1 786
-
3 592
-
unemployment
97
-
196
-
total
3 179
-
6 396
-
Corporate
138 118
157 500
-
-
income
13 812
15 750
-
-
total
13 812
15 750
-
-
Dividends
124 307
141 750
-
-
withholding
6 215
7 087
-
-
total
6 215
7 087
-
-
Income
157 500
157 500
157 500
157 500
Total tax
27 172
22 837
26 227
32 329
After tax
130 328
134 663
131 273
125 171
Living cost
12 236
12 236
12 236
12 236
Free-cash
118 092
122 427
119 037
112 935

Estimated living cost  is ₽12236 per week

₽7144
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽874
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽324
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3895
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽35694
₽26143
₽28488
₽45926
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
11 505
pensions
-
-
-
10 931
income
-
-
-
47 636
total
-
-
-
70 072
Employee
86 498
79 672
140 162
-
health
10 791
10 402
11 505
-
pensions
10 931
10 931
10 931
-
income

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

13 041
13 041
20 066
-
total
34 763
34 374
42 502
-
Employer
86 498
79 672
140 162
-
health
6 011
5 538
6 882
-
pensions
6 020
5 545
6 892
-
unemployment
3 114
2 868
3 564
-
total
15 145
13 951
17 338
-
Corporate
55 857
63 877
-
-
income
11 172
12 776
-
-
total
11 172
12 776
-
-
Dividends
44 686
51 101
-
-
income
9 495
10 858
-
-
withholding
6 703
7 664
-
-
total
16 198
18 522
-
-
Income
157 500
157 500
157 500
157 500
Total tax
77 278
79 623
59 840
70 072
After tax
80 222
77 877
97 660
87 428
Living cost
51 734
51 734
51 734
51 734
Free-cash
28 488
26 143
45 926
35 694

Estimated living cost  is ₽51734 per week

₽38163
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4621
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽593
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8358
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽64545
₽85383
₽77156
₽57747
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
21 263
social contributions
-
-
-
33 177
solidarity contribution
-
-
-
-
income
-
-
-
15 459
total
-
-
-
69 899
Employee
33 906
-
118 436
-
health
4 577
-
15 989
-
solidarity contribution
-
-
-
-
social contributions
2 204
-
7 385
-
income
4 069
-
14 259
-
total
10 850
-
37 633
-
Employer
33 906
-
118 436
-
health
3 052
-
10 659
-
social contributions
8 477
-
28 405
-
total
11 529
-
39 064
-
Corporate
112 066
157 500
-
-
income
21 293
29 925
-
-
total
21 293
29 925
-
-
Dividends
90 773
127 575
-
-
withholding
13 616
19 136
-
-
total
13 616
19 136
-
-
Income
157 500
157 500
157 500
157 500
Total tax
57 288
49 061
76 697
69 899
After tax
100 212
108 439
80 803
87 601
Living cost
23 056
23 056
23 056
23 056
Free-cash
77 156
85 383
57 747
64 545

Estimated living cost  is ₽23056 per week

₽16015
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1640
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.
₽4948
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽36305
₽44665
₽39794
₽29189
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
regional
-
-
-
1 852
municipal
-
-
-
937
social contributions
-
-
-
40 509
national
-
-
-
38 529
total
-
-
-
81 827
Employee
82 916
-
157 500
-
regional
782
-
1 635
-
national
14 367
-
33 363
-
social contributions
27 959
-
53 109
-
municipal
439
-
836
-
total
43 547
-
88 943
-
Employer
82 916
-
157 500
-
total
-
-
-
-
Corporate
74 584
157 500
-
-
nationa
17 900
37 800
-
-
municipal
2 909
6 142
-
-
total
20 809
43 942
-
-
Dividends
53 775
113 558
-
-
withholding
13 982
29 525
-
-
total
13 982
29 525
-
-
Income
157 500
157 500
157 500
157 500
Total tax
78 338
73 467
88 943
81 827
After tax
79 162
84 033
68 557
75 673
Living cost
39 368
39 368
39 368
39 368
Free-cash
39 794
44 665
29 189
36 305

Estimated living cost  is ₽39368 per week

₽27442
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2581
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽604
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8739
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽54035
₽78481
₽75576
₽48272
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
8 840
other
-
-
-
-
pensions
-
-
-
24 904
unemployment
-
-
-
212
income
-
-
-
42 493
surtax
-
-
-
6 429
total
-
-
-
82 878
Employee
30 853
-
131 290
-
health
788
-
3 174
-
pensions
2 057
-
8 305
-
unemployment
2 148
-
8 667
-
surtax
101
-
5 372
-
income
5 172
-
36 913
-
other
-
-
-
-
total
10 266
-
62 431
-
Employer
30 853
-
131 290
-
health
1 404
-
5 666
-
pensions
4 113
-
16 598
-
other
-
-
-
-
unemployment
977
-
3 946
-
total
6 494
-
26 210
-
Corporate
120 153
157 500
-
-
income
31 240
40 950
-
-
total
31 240
40 950
-
-
Dividends
88 913
116 550
-
-
withholding
13 337
17 482
-
-
total
13 337
17 482
-
-
Income
157 500
157 500
157 500
157 500
Total tax
61 337
58 432
88 641
82 878
After tax
96 163
99 068
68 859
74 622
Living cost
20 587
20 587
20 587
20 587
Free-cash
75 576
78 481
48 272
54 035

Estimated living cost  is ₽20587 per week

₽12588
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1900
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽474
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5625
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽62425
₽61286
₽67431
₽48132
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
pensions
-
-
-
8 241
income
-
-
-
44 341
total
-
-
-
52 582
Employee
58 977
-
137 643
-
health
856
-
2 020
-
pensions
5 006
-
10 182
-
income
10 622
-
34 815
-
total
16 484
-
47 017
-
Employer
58 977
-
137 643
-
health
1 120
-
2 616
-
pensions
6 384
-
17 242
-
total
7 504
-
19 858
-
Corporate
91 019
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.

17 293
29 924
-
-
total
17 293
29 924
-
-
Dividends
73 726
127 576
-
-
withholding
6 295
23 797
-
-
total
6 295
23 797
-
-
Income
157 500
157 500
157 500
157 500
Total tax
47 576
53 721
66 875
52 582
After tax
109 924
103 779
90 625
104 918
Living cost
42 493
42 493
42 493
42 493
Free-cash
67 431
61 286
48 132
62 425

Estimated living cost  is ₽42493 per week

₽31835
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3185
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽444
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7027
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽52219
-₽4237
₽28390
₽44568
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
355
city
-
-
-
1 661
other

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

-
-
-
3 149
regional
-
-
-
7 294
pensions
-
-
-
14 490
national
-
-
-
2 073
total
-
-
-
29 022
Employee
89 243
-
140 971
-
health
202
-
317
-
regional
2 922
-
6 315
-
pensions
7 498
-
11 842
-
unemployment
-
-
-
-
national
422
-
1 708
-
city
958
-
1 514
-
total
12 002
-
21 696
-
Employer
89 243
-
140 971
-
health
202
-
317
-
pensions
7 498
-
11 842
-
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.

1 784
-
2 818
-
unemployment
-
-
-
-
total
9 484
-
14 977
-
Corporate
57 792
157 500
-
-
national
4 912
13 387
-
-
regional
12 224
33 310
-
-
total
17 136
46 697
-
-
Dividends
40 656
110 803
-
-
withholding
14 229
38 781
-
-
total
14 229
38 781
-
-
Income
157 500
157 500
157 500
157 500
Total tax
52 851
85 478
36 673
29 022
After tax
104 649
72 022
120 827
128 478
Living cost
76 259
76 259
76 259
76 259
Free-cash
28 390
-4 237
44 568
52 219

Estimated living cost  is ₽76259 per week

₽49590
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽6843
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽936
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽18889
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽38250
₽35089
₽50217
₽57823
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
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.

-
-
-
6 374
trade
-
-
-
19 573
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.

-
-
-
2 636
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.

-
-
-
47 927
total
-
-
-
76 510
Employee

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

56 070
-
157 500
-
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.

6 374
-
6 374
-
surtax

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

363
-
2 636
-
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.

6 593
-
47 927
-
total
13 330
-
56 937
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
101 430
157 500
-
-
trade
17 395
27 010
-
-
chamber of commerce
285
363
-
-
surtax

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

837
1 300
-
-
income
15 214
23 625
-
-
total
33 731
52 298
-
-
Dividends
67 699
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.

912
1 427
-
-
withholding
16 570
25 946
-
-
total
17 482
27 373
-
-
Income
157 500
157 500
157 500
157 500
Total tax
64 543
79 671
56 937
76 510
After tax
92 957
77 829
100 563
80 990
Living cost
42 740
42 740
42 740
42 740
Free-cash
50 217
35 089
57 823
38 250

Estimated living cost  is ₽42740 per week

₽31215
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3419
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽556
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7551
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽56946
₽47462
₽52969
₽55385
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
6 446
other
-
-
-
4 883
pensions
-
-
-
28 735
social contributions
-
-
-
4 488
income
-
-
-
24 082
surtax
-
-
-
-
total
-
-
-
68 634
Employee
39 930
-
122 425
-
pensions
4 515
-
8 293
-
surtax
-
-
-
-
social contributions
1 138
-
3 490
-
income
2 357
-
23 338
-
total
8 010
-
35 121
-
Employer
39 930
-
122 425
-
health
2 796
-
11 067
-
pensions
6 560
-
14 002
-
other
1 377
-
4 682
-
social contributions
120
-
366
-
unemployment
1 616
-
4 957
-
total
12 469
-
35 074
-
Corporate
105 101
157 500
-
-
surtax
-
-
-
-
income
29 429
44 099
-
-
total
29 429
44 099
-
-
Dividends
75 672
113 401
-
-
social contributions
13 017
19 505
-
-
surtax
-
-
-
-
withholding
9 686
14 514
-
-
total
22 703
34 019
-
-
Income
157 500
157 500
157 500
157 500
Total tax
72 611
78 118
70 195
68 634
After tax
84 889
79 382
87 305
88 866
Living cost
31 920
31 920
31 920
31 920
Free-cash
52 969
47 462
55 385
56 946

Estimated living cost  is ₽31920 per week

₽20127
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2596
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽544
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8656
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽60109
₽50625
₽55807
₽58548
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
6 446
other
-
-
-
4 883
pensions
-
-
-
28 735
social contributions
-
-
-
4 488
income
-
-
-
24 082
surtax
-
-
-
-
total
-
-
-
68 634
Employee
35 643
-
122 425
-
pensions
4 031
-
8 293
-
surtax
-
-
-
-
social contributions
1 016
-
3 490
-
income
1 838
-
23 338
-
total
6 885
-
35 121
-
Employer
35 643
-
122 425
-
health
2 495
-
11 067
-
pensions
5 857
-
14 002
-
other
1 230
-
4 682
-
social contributions
106
-
366
-
unemployment
1 443
-
4 957
-
total
11 131
-
35 074
-
Corporate
110 726
157 500
-
-
surtax
-
-
-
-
income
31 003
44 099
-
-
total
31 003
44 099
-
-
Dividends
79 723
113 401
-
-
social contributions
13 712
19 505
-
-
surtax
-
-
-
-
withholding
10 205
14 514
-
-
total
23 917
34 019
-
-
Income
157 500
157 500
157 500
157 500
Total tax
72 936
78 118
70 195
68 634
After tax
84 564
79 382
87 305
88 866
Living cost
28 757
28 757
28 757
28 757
Free-cash
55 807
50 625
58 548
60 109

Estimated living cost  is ₽28757 per week

₽16678
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2921
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.
₽8613
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽81365
₽76307
₽76789
₽78318
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
10 993
social contributions
-
-
-
21 734
income
-
-
-
23 625
total
-
-
-
56 352
Employee
31 633
-
157 500
-
health
2 208
-
10 993
-
social contributions
4 366
-
21 734
-
income
5 276
-
26 672
-
total
11 850
-
59 399
-
Employer
31 633
-
157 500
-
total
-
-
-
-
Corporate
125 867
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%.

6 294
7 875
-
-
total
6 294
7 875
-
-
Dividends
119 573
149 625
-
-
social contributions
16 501
20 647
-
-
health
8 346
10 444
-
-
withholding
17 937
22 444
-
-
total
42 784
53 535
-
-
Income
157 500
157 500
157 500
157 500
Total tax
60 928
61 410
59 399
56 352
After tax
96 572
96 090
98 101
101 148
Living cost
19 783
19 783
19 783
19 783
Free-cash
76 789
76 307
78 318
81 365

Estimated living cost  is ₽19783 per week

₽13240
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1220
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽455
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4867
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽47944
₽54338
₽52891
₽8901
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
8 337
pensions
-
-
-
20 164
unemployment
-
-
-
5 722
income
-
-
-
41 645
chamber of commerce
-
-
-
630
surtax
-
-
-
184
total
-
-
-
76 682
Employee
46 626
37 180
124 794
-
health
1 804
1 439
4 217
-
pensions
4 775
3 807
11 161
-
unemployment
1 399
1 115
3 270
-
income
5 308
2 742
32 968
-
other
466
372
1 091
-
total
13 752
9 475
52 707
-
Employer
46 626
37 180
124 794
-
payroll
1 399
1 115
3 745
-
health
1 762
1 406
4 120
-
surtax
184
184
184
-
accident
606
483
1 416
-
pensions
5 851
4 667
13 679
-
chamber of commerce
186
149
499
-
other
2 215
1 765
5 793
-
unemployment
1 399
1 115
3 270
-
total
13 602
10 884
32 706
-
Corporate
97 274
109 435
121 253
-
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.

24 318
27 359
30 312
-
total
24 318
27 359
30 312
-
Dividends
72 956
82 076
-
-
withholding
20 063
22 570
-
-
total
20 063
22 570
-
-
Income
157 500
157 500
157 500
157 500
Total tax
71 735
70 288
115 725
76 682
After tax
85 765
87 212
41 775
80 818
Living cost
32 874
32 874
32 874
32 874
Free-cash
52 891
54 338
8 901
47 944

Estimated living cost  is ₽32874 per week

₽21926
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2804
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽540
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7604
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽34223
₽54083
₽40088
₽21813
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
23 260
national
-
-
-
57 946
communal

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

-
-
-
8 054
total
-
-
-
89 260
Employee

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

66 736
-
121 988
-
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.

3 136
-
5 733
-
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.

5 005
-
9 150
-
unemployment

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

581
-
1 061
-
national
20 517
-
43 850
-
communal

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

3 481
-
6 363
-
total
32 720
-
66 157
-
Employer

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

66 736
-
121 988
-
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.

4 104
-
7 502
-
surtax
7 567
-
13 835
-
accident

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

868
-
1 586
-
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.

5 913
-
10 809
-
unemployment

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

974
-
1 781
-
total
19 426
-
35 513
-
Corporate
71 338
157 500
-
-
surtax
285
630
-
-
income
14 268
31 500
-
-
total
14 553
32 130
-
-
Dividends
56 785
125 369
-
-
withholding

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

16 696
37 270
-
-
total
16 696
37 270
-
-
Income
157 500
157 500
157 500
157 500
Total tax
83 395
69 400
101 670
89 260
After tax
74 105
88 100
55 830
68 240
Living cost
34 017
34 017
34 017
34 017
Free-cash
40 088
54 083
21 813
34 223

Estimated living cost  is ₽34017 per week

₽21911
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2974
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽533
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8599
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽54770
₽71374
₽64847
₽50857
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
779
other
-
-
-
87
pensions
-
-
-
24 472
unemployment
-
-
-
606
income
-
-
-
43 093
total
-
-
-
69 037
Employee
46 441
-
129 932
-
pensions
2 183
-
4 065
-
unemployment
721
-
1 340
-
other
46
-
87
-
income
9 799
-
39 890
-
total
12 749
-
45 382
-
Employer
46 441
-
129 932
-
accident
919
-
1 712
-
pensions
10 959
-
20 408
-
other
370
-
692
-
unemployment
2 555
-
4 756
-
total
14 803
-
27 568
-
Corporate
96 256
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.

14 438
23 625
-
-
total
14 438
23 625
-
-
Dividends
81 818
133 875
-
-
withholding
16 970
28 808
-
-
total
16 970
28 808
-
-
Income
157 500
157 500
157 500
157 500
Total tax
58 960
52 433
72 950
69 037
After tax
98 540
105 067
84 550
88 463
Living cost
33 693
33 693
33 693
33 693
Free-cash
64 847
71 374
50 857
54 770

Estimated living cost  is ₽33693 per week

₽24812
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2390
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽485
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6005
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽27933
₽41867
₽30256
₽34214
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
11 067
accident
-
-
-
1 328
pensions
-
-
-
23 608
communal
-
-
-
9 954
income
-
-
-
25 101
surtax
-
-
-
7 808
total
-
-
-
78 866
Employee
70 653
-
140 687
-
health
3 144
-
6 260
-
pensions
5 651
-
11 255
-
surtax
4 331
-
8 622
-
income
6 824
-
29 635
-
total
19 950
-
55 772
-
Employer
70 653
-
140 687
-
health
2 155
-
4 292
-
accident
636
-
1 266
-
pensions
5 651
-
11 255
-
total
8 442
-
16 813
-
Corporate
78 405
157 500
-
-
communal
5 292
10 632
-
-
surtax
823
1 654
-
-
income
11 761
23 625
-
-
total
17 876
35 911
-
-
Dividends
60 529
121 589
-
-
income
21 196
10 783
-
-
withholding
9 079
18 238
-
-
total
30 275
29 021
-
-
Income
157 500
157 500
157 500
157 500
Total tax
76 543
64 932
72 585
78 866
After tax
80 957
92 568
84 915
78 634
Living cost
50 701
50 701
50 701
50 701
Free-cash
30 256
41 867
34 214
27 933

Estimated living cost  is ₽50701 per week

₽38034
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3072
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽536
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9058
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽53666
₽78112
₽75143
₽47903
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
8 840
other
-
-
-
-
pensions
-
-
-
24 904
unemployment
-
-
-
212
income
-
-
-
42 493
surtax
-
-
-
6 429
total
-
-
-
82 878
Employee
31 419
-
131 290
-
health
802
-
3 174
-
pensions
2 096
-
8 305
-
unemployment
2 187
-
8 667
-
surtax
112
-
5 372
-
income
5 267
-
36 913
-
other
-
-
-
-
total
10 464
-
62 431
-
Employer
31 419
-
131 290
-
health
1 429
-
5 666
-
pensions
4 189
-
16 598
-
other
-
-
-
-
unemployment
997
-
3 946
-
total
6 615
-
26 210
-
Corporate
119 466
157 500
-
-
income
31 061
40 950
-
-
total
31 061
40 950
-
-
Dividends
88 405
116 550
-
-
withholding
13 261
17 482
-
-
total
13 261
17 482
-
-
Income
157 500
157 500
157 500
157 500
Total tax
61 401
58 432
88 641
82 878
After tax
96 099
99 068
68 859
74 622
Living cost
20 956
20 956
20 956
20 956
Free-cash
75 143
78 112
47 903
53 666

Estimated living cost  is ₽20956 per week

₽12652
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1822
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽487
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5997
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽50018
₽57654
₽55583
₽42942
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
regional
-
-
-
2 375
municipal
-
-
-
937
social contributions
-
-
-
40 509
national
-
-
-
38 529
total
-
-
-
82 350
Employee
51 753
-
157 500
-
regional
697
-
2 118
-
national
8 199
-
33 363
-
social contributions
17 452
-
53 109
-
municipal
274
-
836
-
total
26 622
-
89 426
-
Employer
51 753
-
157 500
-
total
-
-
-
-
Corporate
105 747
157 500
-
-
nationa
25 380
37 800
-
-
municipal
5 255
7 827
-
-
total
30 635
45 627
-
-
Dividends
75 112
111 873
-
-
withholding
19 528
29 087
-
-
total
19 528
29 087
-
-
Income
157 500
157 500
157 500
157 500
Total tax
76 785
74 714
89 426
82 350
After tax
80 715
82 786
68 074
75 150
Living cost
25 132
25 132
25 132
25 132
Free-cash
55 583
57 654
42 942
50 018

Estimated living cost  is ₽25132 per week

₽15630
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2546
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.
₽6526
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽59190
₽80028
₽69892
₽52392
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
21 263
social contributions
-
-
-
33 177
solidarity contribution
-
-
-
-
income
-
-
-
15 459
total
-
-
-
69 899
Employee
41 781
-
118 436
-
health
5 640
-
15 989
-
solidarity contribution
-
-
-
-
social contributions
2 716
-
7 385
-
income
5 014
-
14 259
-
total
13 370
-
37 633
-
Employer
41 781
-
118 436
-
health
3 760
-
10 659
-
social contributions
10 445
-
28 405
-
total
14 205
-
39 064
-
Corporate
101 513
157 500
-
-
income
19 288
29 925
-
-
total
19 288
29 925
-
-
Dividends
82 226
127 575
-
-
withholding
12 334
19 136
-
-
total
12 334
19 136
-
-
Income
157 500
157 500
157 500
157 500
Total tax
59 197
49 061
76 697
69 899
After tax
98 303
108 439
80 803
87 601
Living cost
28 411
28 411
28 411
28 411
Free-cash
69 892
80 028
52 392
59 190

Estimated living cost  is ₽28411 per week

₽21128
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1574
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽492
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5217
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽51237
₽57546
₽57083
₽12066
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
8 337
pensions
-
-
-
20 164
unemployment
-
-
-
5 722
income
-
-
-
41 645
chamber of commerce
-
-
-
630
surtax
-
-
-
-
total
-
-
-
76 498
Employee
40 783
37 180
124 966
-
health
1 578
1 439
4 217
-
pensions
4 177
3 807
11 161
-
unemployment
1 223
1 115
3 270
-
income
3 633
2 742
33 041
-
other
407
372
1 091
-
total
11 018
9 475
52 780
-
Employer
40 783
37 180
124 966
-
payroll
1 223
1 115
3 748
-
health
1 542
1 406
4 120
-
surtax
-
-
-
-
accident
529
483
1 416
-
pensions
5 118
4 667
13 679
-
chamber of commerce
163
149
499
-
other
1 937
1 765
5 800
-
unemployment
1 223
1 115
3 270
-
total
11 735
10 700
32 532
-
Corporate
104 981
109 619
121 426
-
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.

26 246
27 405
30 357
-
total
26 246
27 405
30 357
-
Dividends
78 735
82 214
-
-
withholding
21 653
22 609
-
-
total
21 653
22 609
-
-
Income
157 500
157 500
157 500
157 500
Total tax
70 652
70 189
115 669
76 498
After tax
86 848
87 311
41 831
81 002
Living cost
29 765
29 765
29 765
29 765
Free-cash
57 083
57 546
12 066
51 237

Estimated living cost  is ₽29765 per week

₽17855
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3040
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽531
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8339
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽143858
₽137558
₽135295
₽113933
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
157 500
microenterprise

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

-
-
-
1 575
total
-
-
-
1 575
Employee
15 084
-
157 500
-
income
3 017
-
31 500
-
total
3 017
-
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%.

142 416
157 500
-
-
total
-
-
-
-
Dividends
142 416
157 500
-
-
withholding
7 121
7 875
-
-
total
7 121
7 875
-
-
Income
157 500
157 500
157 500
157 500
Total tax
10 138
7 875
31 500
1 575
After tax
147 362
149 625
126 000
155 925
Living cost
12 067
12 067
12 067
12 067
Free-cash
135 295
137 558
113 933
143 858

Estimated living cost  is ₽12067 per week

₽8166
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽507
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽405
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2990
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽52250
₽83414
₽75610
₽48076
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
15 497
pensions
-
-
-
28 763
unemployment
-
-
-
235
income
-
-
-
35 731
total
-
-
-
80 226
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.

41 256
-
136 281
-
health
2 665
-
8 805
-
pensions
6 395
-
21 124
-
unemployment
58
-
191
-
income
7 115
-
33 063
-
total
16 233
-
63 183
-
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.

41 256
-
136 281
-
health
2 748
-
9 075
-
pensions
3 651
-
12 061
-
unemployment
25
-
81
-
total
6 424
-
21 217
-
Corporate
109 821
157 500
-
-
income
20 865
29 925
-
-
total
20 865
29 925
-
-
Dividends
88 955
127 575
-
-
withholding
13 344
19 137
-
-
total
13 344
19 137
-
-
Income
157 500
157 500
157 500
157 500
Total tax
56 866
49 062
84 400
80 226
After tax
100 634
108 438
73 100
77 274
Living cost
25 024
25 024
25 024
25 024
Free-cash
75 610
83 414
48 076
52 250

Estimated living cost  is ₽25024 per week

₽17174
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1604
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽485
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5763
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽66349
₽53327
₽6479
₽102048
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
17 955
income
-
-
-
30 700
total
-
-
-
48 655
Employee
60 933
-
-
-
social contributions
4 997
-
712
-
income
13 441
-
-
-
total
18 438
-
712
-
Employer
60 933
-
-
-
social contributions
85 916
-
12 244
-
total
85 916
-
12 244
-
Corporate
10 651
157 500
-
-
income
2 343
34 650
-
-
total
2 343
34 650
-
-
Dividends
8 308
122 850
-
-
income
1 828
27 027
-
-
total
1 828
27 027
-
-
Income
157 500
157 500
157 500
157 500
Total tax
108 525
61 677
12 956
48 655
After tax
48 975
95 823
144 544
108 845
Living cost
42 496
42 496
42 496
42 496
Free-cash
6 479
53 327
102 048
66 349

Estimated living cost  is ₽42496 per week

₽27573
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3997
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽542
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10384
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽55376
₽60322
₽59384
₽43584
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
social contributions

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

-
-
-
54 731
income
-
-
-
18 129
surtax
-
-
-
-
total
-
-
-
72 860
Employee
42 909
-
127 273
-
surtax
-
-
-
-
social contributions
4 720
-
13 999
-
income
8 925
-
40 426
-
total
13 645
-
54 425
-
Employer
42 909
-
127 273
-
social contributions
10 191
-
30 227
-
total
10 191
-
30 227
-
Corporate
104 400
157 500
-
-
surtax
-
-
-
-
income
21 924
33 074
-
-
total
21 924
33 074
-
-
Dividends
82 476
124 426
-
-
withholding
23 092
34 840
-
-
total
23 092
34 840
-
-
Income
157 500
157 500
157 500
157 500
Total tax
68 852
67 914
84 652
72 860
After tax
88 648
89 586
72 848
84 640
Living cost
29 264
29 264
29 264
29 264
Free-cash
59 384
60 322
43 584
55 376

Estimated living cost  is ₽29264 per week

₽21896
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1726
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽489
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5154
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽43805
₽34321
₽40732
₽42244
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
6 446
other
-
-
-
4 883
pensions
-
-
-
28 735
social contributions
-
-
-
4 488
income
-
-
-
24 082
surtax
-
-
-
-
total
-
-
-
68 634
Employee
58 434
-
122 425
-
pensions
6 609
-
8 293
-
surtax
-
-
-
-
social contributions
1 664
-
3 490
-
income
5 098
-
23 338
-
total
13 371
-
35 121
-
Employer
58 434
-
122 425
-
health
4 090
-
11 067
-
pensions
9 601
-
14 002
-
other
2 017
-
4 682
-
social contributions
175
-
366
-
unemployment
2 367
-
4 957
-
total
18 250
-
35 074
-
Corporate
80 816
157 500
-
-
surtax
-
-
-
-
income
22 629
44 099
-
-
total
22 629
44 099
-
-
Dividends
58 188
113 401
-
-
social contributions
10 009
19 505
-
-
surtax
-
-
-
-
withholding
7 448
14 514
-
-
total
17 457
34 019
-
-
Income
157 500
157 500
157 500
157 500
Total tax
71 707
78 118
70 195
68 634
After tax
85 793
79 382
87 305
88 866
Living cost
45 061
45 061
45 061
45 061
Free-cash
40 732
34 321
42 244
43 805

Estimated living cost  is ₽45061 per week

₽30497
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3686
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽618
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10260
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽88185
₽113705
₽110572
₽92370
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
6 620
social contributions
-
-
-
34 650
total
-
-
-
41 270
Employee
29 994
-
136 364
-
social contributions
1 949
-
8 865
-
income
-
-
7 084
-
total
1 949
-
15 949
-
Employer
29 994
-
136 364
-
social contributions
4 649
-
21 136
-
total
4 649
-
21 136
-
Corporate
122 857
157 500
-
-
income
12 285
15 750
-
-
total
12 285
15 750
-
-
Dividends
110 571
141 750
-
-
total
-
-
-
-
Income
157 500
157 500
157 500
157 500
Total tax
18 883
15 750
37 085
41 270
After tax
138 617
141 750
120 415
116 230
Living cost
28 045
28 045
28 045
28 045
Free-cash
110 572
113 705
92 370
88 185

Estimated living cost  is ₽28045 per week

₽18133
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2114
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽528
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7270
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽48410
-₽45450
-₽45450
-₽45450
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
municipal
-
-
-
32 613
labour market
-
-
-
12 535
national
-
-
-
18 274
pensions
-
-
-
807
total
-
-
-
64 229
Employee
189 346
189 346
189 346
-
pensions
269
269
269
-
labour market
15 126
15 126
15 126
-
national
23 132
23 132
23 132
-
municipal
40 320
40 320
40 320
-
total
78 847
78 847
78 847
-
Employer
189 346
189 346
189 346
-
municipal
40 384
40 384
40 384
-
labour market
15 148
15 148
15 148
-
national
23 172
23 172
23 172
-
pensions
538
538
538
-
total
79 242
79 242
79 242
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
157 500
157 500
157 500
157 500
Total tax
158 089
158 089
158 089
64 229
After tax
-589
-589
-589
93 271
Living cost
44 861
44 861
44 861
44 861
Free-cash
-45 450
-45 450
-45 450
48 410

Estimated living cost  is ₽44861 per week

₽30703
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3968
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽690
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9499
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽87301
-₽7639
₽9628
₽64865
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
2 052
accident
-
-
-
238
other
-
-
-
349
pensions
-
-
-
3 915
income
-
-
-
43 249
total
-
-
-
49 803
Employee
32 084
-
141 311
-
health
3 674
-
16 180
-
pensions
3 613
-
7 179
-
income
4 402
-
32 691
-
total
11 689
-
56 050
-
Employer
32 084
-
141 311
-
accident
536
-
2 360
-
pensions
5 217
-
10 367
-
unemployment
786
-
3 462
-
total
6 539
-
16 189
-
Corporate
118 877
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.

106 989
141 750
-
-
total
106 989
141 750
-
-
Dividends
11 888
15 750
-
-
withholding
2 259
2 993
-
-
total
2 259
2 993
-
-
Income
157 500
157 500
157 500
157 500
Total tax
127 476
144 743
72 239
49 803
After tax
30 024
12 757
85 261
107 697
Living cost
20 396
20 396
20 396
20 396
Free-cash
9 628
-7 639
64 865
87 301

Estimated living cost  is ₽20396 per week

₽14846
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1163
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽383
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4004
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽66760
₽63298
₽65479
₽47238
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
2 036
municipal
-
-
-
27 984
national
-
-
-
24 901
total
-
-
-
54 921
Employee
49 085
-
132 499
-
health
366
-
1 652
-
pensions
3 313
-
8 944
-
unemployment
737
-
1 988
-
national
811
-
15 274
-
municipal
8 040
-
21 584
-
total
13 267
-
49 442
-
Employer
49 085
-
132 499
-
health
377
-
1 020
-
accident
50
-
133
-
pensions
8 516
-
22 988
-
unemployment
319
-
860
-
total
9 262
-
25 001
-
Corporate
99 153
157 500
-
-
income
19 831
31 500
-
-
total
19 831
31 500
-
-
Dividends

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

59 492
94 500
-
-
national
3 134
9 872
-
-
municipal
10 708
17 011
-
-
total
13 842
26 883
-
-
Income
157 500
157 500
157 500
157 500
Total tax
56 202
58 383
74 443
54 921
After tax
101 298
99 117
83 057
102 579
Living cost
35 819
35 819
35 819
35 819
Free-cash
65 479
63 298
47 238
66 760

Estimated living cost  is ₽35819 per week

₽23397
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3445
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽570
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8408
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽86393
₽93319
₽88244
₽84988
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
4 015
social contributions
-
-
-
15 095
income
-
-
-
30 396
total
-
-
-
49 506
Employee
71 741
71 741
146 755
-
health
556
1 220
2 495
-
social contributions
2 712
5 954
8 031
-
income
7 811
6 641
29 640
-
total
11 079
13 815
40 166
-
Employer
71 741
71 741
146 755
-
health
604
1 328
2 714
-
social contributions
2 712
5 954
8 031
-
total
3 316
7 282
10 745
-
Corporate
121 503
78 477
-
-
income
15 187
9 810
-
-
total
15 187
9 810
-
-
Dividends
106 316
68 667
-
-
withholding
18 073
11 673
-
-
total
18 073
11 673
-
-
Income
157 500
157 500
157 500
157 500
Total tax
47 655
42 580
50 911
49 506
After tax
109 845
114 920
106 589
107 994
Living cost
21 601
21 601
21 601
21 601
Free-cash
88 244
93 319
84 988
86 393

Estimated living cost  is ₽21601 per week

₽12946
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2119
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽478
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6059
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽117381
₽115613
₽110866
₽98665
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
3 376
pensions
-
-
-
5 935
unemployment
-
-
-
27
income
-
-
-
15 968
total
-
-
-
25 306
Employee

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

21 415
-
148 382
-
health
1 820
-
7 525
-
pensions
3 212
-
13 279
-
unemployment
106
-
443
-
income
1 464
-
13 656
-
total
6 602
-
34 903
-
Employer

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

21 415
-
148 382
-
health
921
-
3 807
-
pensions
1 177
-
4 869
-
unemployment
106
-
443
-
total
2 204
-
9 119
-
Corporate
133 881
157 500
-
-
income
12 050
14 174
-
-
total
12 050
14 174
-
-
Dividends
121 831
143 326
-
-
withholding
10 965
12 900
-
-
total
10 965
12 900
-
-
Income
157 500
157 500
157 500
157 500
Total tax
31 821
27 074
44 022
25 306
After tax
125 679
130 426
113 478
132 194
Living cost
14 813
14 813
14 813
14 813
Free-cash
110 866
115 613
98 665
117 381

Estimated living cost  is ₽14813 per week

₽9451
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1068
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽441
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3853
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽62807
₽79411
₽75290
₽58894
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
779
other
-
-
-
87
pensions
-
-
-
24 472
unemployment
-
-
-
606
income
-
-
-
43 093
total
-
-
-
69 037
Employee
34 497
-
129 932
-
pensions
1 622
-
4 065
-
unemployment
535
-
1 340
-
other
34
-
87
-
income
6 651
-
39 890
-
total
8 842
-
45 382
-
Employer
34 497
-
129 932
-
accident
683
-
1 712
-
pensions
8 141
-
20 408
-
other
276
-
692
-
unemployment
1 898
-
4 756
-
total
10 998
-
27 568
-
Corporate
112 004
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.

16 800
23 625
-
-
total
16 800
23 625
-
-
Dividends
95 204
133 875
-
-
withholding
19 914
28 808
-
-
total
19 914
28 808
-
-
Income
157 500
157 500
157 500
157 500
Total tax
56 554
52 433
72 950
69 037
After tax
100 946
105 067
84 550
88 463
Living cost
25 656
25 656
25 656
25 656
Free-cash
75 290
79 411
58 894
62 807

Estimated living cost  is ₽25656 per week

₽17317
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2466
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽450
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5423
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽99596
₽96529
₽96243
₽99470
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
926
pensions
-
-
-
1 277
income
-
-
-
53 950
total
-
-
-
56 153
Employee
2 667
-
156 063
-
health
133
-
319
-
pensions
240
-
575
-
unemployment
27
-
64
-
income
516
-
53 883
-
total
916
-
54 841
-
Employer
2 667
-
156 063
-
health
253
-
607
-
pensions
293
-
703
-
unemployment
53
-
128
-
total
599
-
1 438
-
Corporate
154 233
157 500
-
-
income
33 931
34 650
-
-
total
33 931
34 650
-
-
Dividends
120 301
122 850
-
-
withholding
24 060
24 570
-
-
total
24 060
24 570
-
-
Income
157 500
157 500
157 500
157 500
Total tax
59 506
59 220
56 279
56 153
After tax
97 994
98 280
101 221
101 347
Living cost
1 751
1 751
1 751
1 751
Free-cash
96 243
96 529
99 470
99 596

Estimated living cost  is ₽1751 per week

₽1041
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽142
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽40
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽528
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽79905
₽97693
₽93113
₽79905
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
7 087
pensions
-
-
-
17 889
unemployment
-
-
-
1 032
income
-
-
-
35 486
total
-
-
-
61 494
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.

24 279
-
145 184
-
health
1 250
-
3 543
-
pensions
3 399
-
9 633
-
unemployment
182
-
516
-
income
3 347
-
35 486
-
total
8 178
-
49 178
-
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.

24 279
-
145 184
-
health
1 250
-
3 543
-
pensions
2 913
-
8 257
-
unemployment
182
-
516
-
total
4 345
-
12 316
-
Corporate
128 875
157 500
-
-
income
19 331
23 625
-
-
total
19 331
23 625
-
-
Dividends
109 544
133 875
-
-
withholding
16 432
20 081
-
-
total
16 432
20 081
-
-
Income
157 500
157 500
157 500
157 500
Total tax
48 286
43 706
61 494
61 494
After tax
109 214
113 794
96 006
96 006
Living cost
16 101
16 101
16 101
16 101
Free-cash
93 113
97 693
79 905
79 905

Estimated living cost  is ₽16101 per week

₽10841
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1245
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽466
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3549
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽59488
₽64434
₽64099
₽47696
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
social contributions

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

-
-
-
54 731
income
-
-
-
18 129
surtax
-
-
-
-
total
-
-
-
72 860
Employee
36 211
-
127 273
-
surtax
-
-
-
-
social contributions
3 984
-
13 999
-
income
7 075
-
40 426
-
total
11 059
-
54 425
-
Employer
36 211
-
127 273
-
social contributions
8 599
-
30 227
-
total
8 599
-
30 227
-
Corporate
112 690
157 500
-
-
surtax
-
-
-
-
income
23 664
33 074
-
-
total
23 664
33 074
-
-
Dividends
89 026
124 426
-
-
withholding
24 927
34 840
-
-
total
24 927
34 840
-
-
Income
157 500
157 500
157 500
157 500
Total tax
68 249
67 914
84 652
72 860
After tax
89 251
89 586
72 848
84 640
Living cost
25 152
25 152
25 152
25 152
Free-cash
64 099
64 434
47 696
59 488

Estimated living cost  is ₽25152 per week

₽17815
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1747
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽446
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5145
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽55674
₽72278
₽66070
₽51761
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
779
other
-
-
-
87
pensions
-
-
-
24 472
unemployment
-
-
-
606
income
-
-
-
43 093
total
-
-
-
69 037
Employee
45 058
-
129 932
-
pensions
2 117
-
4 065
-
unemployment
698
-
1 340
-
other
44
-
87
-
income
9 411
-
39 890
-
total
12 270
-
45 382
-
Employer
45 058
-
129 932
-
accident
892
-
1 712
-
pensions
10 634
-
20 408
-
other
361
-
692
-
unemployment
2 479
-
4 756
-
total
14 366
-
27 568
-
Corporate
98 076
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.

14 711
23 625
-
-
total
14 711
23 625
-
-
Dividends
83 365
133 875
-
-
withholding
17 294
28 808
-
-
total
17 294
28 808
-
-
Income
157 500
157 500
157 500
157 500
Total tax
58 641
52 433
72 950
69 037
After tax
98 859
105 067
84 550
88 463
Living cost
32 789
32 789
32 789
32 789
Free-cash
66 070
72 278
51 761
55 674

Estimated living cost  is ₽32789 per week

₽23547
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2549
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽462
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6230
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽109117
₽118609
₽112920
₽115219
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
3 749
pensions

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

-
-
-
4 825
unemployment
-
-
-
130
income
-
-
-
23 625
total
-
-
-
32 329
Employee
21 258
-
151 104
-
health
978
-
1 500
-
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.

1 866
-
2 862
-
income
2 126
-
15 110
-
total
5 204
-
19 831
-
Employer
21 258
-
151 104
-
health
1 467
-
2 249
-
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.

2 343
-
3 592
-
unemployment
128
-
196
-
total
4 172
-
6 396
-
Corporate
132 071
157 500
-
-
income
13 207
15 750
-
-
total
13 207
15 750
-
-
Dividends
118 864
141 750
-
-
withholding
5 943
7 087
-
-
total
5 943
7 087
-
-
Income
157 500
157 500
157 500
157 500
Total tax
28 526
22 837
26 227
32 329
After tax
128 974
134 663
131 273
125 171
Living cost
16 054
16 054
16 054
16 054
Free-cash
112 920
118 609
115 219
109 117

Estimated living cost  is ₽16054 per week

₽10618
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽919
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽383
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4135
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Sofia model

Close
Berlin , Germany
₽48167
₽45049
₽57252
₽64544
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
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.

-
-
-
6 374
trade
-
-
-
16 377
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.

-
-
-
2 636
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.

-
-
-
47 927
total
-
-
-
73 314
Employee

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

46 421
-
157 500
-
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.

6 374
-
6 374
-
surtax

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

211
-
2 636
-
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.

3 817
-
47 927
-
total
10 402
-
56 937
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
111 079
157 500
-
-
trade
15 940
22 602
-
-
chamber of commerce
305
372
-
-
surtax

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

917
1 300
-
-
income
16 662
23 625
-
-
total
33 824
47 899
-
-
Dividends
77 256
109 601
-
-
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.

1 043
1 487
-
-
withholding
18 960
27 046
-
-
total
20 003
28 533
-
-
Income
157 500
157 500
157 500
157 500
Total tax
64 229
76 432
56 937
73 314
After tax
93 271
81 068
100 563
84 186
Living cost
36 019
36 019
36 019
36 019
Free-cash
57 252
45 049
64 544
48 167

Estimated living cost  is ₽36019 per week

₽24847
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3876
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽522
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6774
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽30656
₽57103
₽59165
₽30656
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
47 580
social contributions
-
-
-
26 118
total
-
-
-
73 698
Employee
72 979
-
157 500
-
social contributions
6 063
-
26 118
-
income
13 771
-
47 580
-
total
19 834
-
73 698
-
Employer
72 979
-
157 500
-
total
-
-
-
-
Corporate
84 521
157 500
-
-
income
10 564
19 688
-
-
total
10 564
19 688
-
-
Dividends
73 957
137 812
-
-
withholding
14 791
27 563
-
-
total
14 791
27 563
-
-
Income
157 500
157 500
157 500
157 500
Total tax
45 189
47 251
73 698
73 698
After tax
112 311
110 249
83 802
83 802
Living cost
53 146
53 146
53 146
53 146
Free-cash
59 165
57 103
30 656
30 656

Estimated living cost  is ₽53146 per week

₽40433
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4331
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽508
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7875
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽91264
₽63578
₽66840
₽78535
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
26 557
health

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

-
-
-
5 812
total
-
-
-
32 369
Employee
42 799
-
153 208
-
social contributions
4 288
-
4 292
-
income
4 644
-
36 514
-
total
8 932
-
40 806
-
Employer
42 799
-
153 208
-
social contributions
4 288
-
4 292
-
total
4 288
-
4 292
-
Corporate
110 413
157 500
-
-
income
38 644
55 126
-
-
total
38 644
55 126
-
-
Dividends
71 768
102 374
-
-
social contributions
4 929
4 929
-
-
total
4 929
4 929
-
-
Income
157 500
157 500
157 500
157 500
Total tax
56 793
60 055
45 098
32 369
After tax
100 707
97 445
112 402
125 131
Living cost
33 867
33 867
33 867
33 867
Free-cash
66 840
63 578
78 535
91 264

Estimated living cost  is ₽33867 per week

₽22308
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2670
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽519
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8369
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽70373
₽69234
₽74741
₽56080
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
pensions
-
-
-
8 241
income
-
-
-
44 341
total
-
-
-
52 582
Employee
47 418
-
137 643
-
health
619
-
2 020
-
pensions
3 619
-
10 182
-
income
8 635
-
34 815
-
total
12 873
-
47 017
-
Employer
47 418
-
137 643
-
health
901
-
2 616
-
pensions
4 791
-
17 242
-
total
5 692
-
19 858
-
Corporate
104 390
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.

19 835
29 924
-
-
total
19 835
29 924
-
-
Dividends
84 555
127 576
-
-
withholding
9 814
23 797
-
-
total
9 814
23 797
-
-
Income
157 500
157 500
157 500
157 500
Total tax
48 214
53 721
66 875
52 582
After tax
109 286
103 779
90 625
104 918
Living cost
34 545
34 545
34 545
34 545
Free-cash
74 741
69 234
56 080
70 373

Estimated living cost  is ₽34545 per week

₽23698
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3177
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽432
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7236
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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

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Warsaw , Poland
₽85282
-₽9658
₽9320
₽62846
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
2 052
accident
-
-
-
238
other
-
-
-
349
pensions
-
-
-
3 915
income
-
-
-
43 249
total
-
-
-
49 803
Employee
35 260
-
141 311
-
health
4 037
-
16 180
-
pensions
3 970
-
7 179
-
income
4 837
-
32 691
-
total
12 844
-
56 050
-
Employer
35 260
-
141 311
-
accident
589
-
2 360
-
pensions
5 733
-
10 367
-
unemployment
864
-
3 462
-
total
7 186
-
16 189
-
Corporate
115 054
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.

103 549
141 750
-
-
total
103 549
141 750
-
-
Dividends
11 505
15 750
-
-
withholding
2 186
2 993
-
-
total
2 186
2 993
-
-
Income
157 500
157 500
157 500
157 500
Total tax
125 765
144 743
72 239
49 803
After tax
31 735
12 757
85 261
107 697
Living cost
22 415
22 415
22 415
22 415
Free-cash
9 320
-9 658
62 846
85 282

Estimated living cost  is ₽22415 per week

₽16450
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1306
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽452
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4207
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

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

Source of data for Warsaw model

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Skopje , Macedonia
₽77980
₽119928
₽115561
₽98504
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health insurance
-
-
-
11 046
work injury
-
-
-
746
pensions
-
-
-
27 466
unemployment
-
-
-
1 791
income
-
-
-
25 863
total
-
-
-
66 912
Employee

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

20 172
-
157 500
-
pensions
3 712
-
13 733
-
work injury
101
-
373
-
unemployment
242
-
896
-
health insurance
1 493
-
5 523
-
income
2 017
-
25 863
-
total
7 565
-
46 388
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
137 328
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
135 954
155 925
-
-
withholding
20 393
23 389
-
-
total
20 393
23 389
-
-
Income
157 500
157 500
157 500
157 500
Total tax
29 331
24 964
46 388
66 912
After tax
128 169
132 536
111 112
90 588
Living cost
12 608
12 608
12 608
12 608
Free-cash
115 561
119 928
98 504
77 980

Estimated living cost  is ₽12608 per week

₽7811
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽916
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽393
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3488
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Skopje model

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Rome , Italy
₽36642
₽45794
₽41549
₽29728
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
regional
-
-
-
3 600
municipal
-
-
-
1 053
social contributions
-
-
-
40 509
national
-
-
-
38 529
total
-
-
-
83 691
Employee
78 618
-
157 500
-
regional
1 187
-
3 193
-
national
13 286
-
33 363
-
social contributions
26 509
-
53 109
-
municipal
469
-
940
-
total
41 451
-
90 605
-
Employer
78 618
-
157 500
-
total
-
-
-
-
Corporate
78 882
157 500
-
-
nationa
18 932
37 800
-
-
municipal
3 803
7 592
-
-
total
22 735
45 392
-
-
Dividends
56 147
112 108
-
-
withholding
14 598
29 147
-
-
total
14 598
29 147
-
-
Income
157 500
157 500
157 500
157 500
Total tax
78 784
74 539
90 605
83 691
After tax
78 716
82 961
66 895
73 809
Living cost
37 167
37 167
37 167
37 167
Free-cash
41 549
45 794
29 728
36 642

Estimated living cost  is ₽37167 per week

₽26108
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2557
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽561
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7941
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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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