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
₽48905
₽60065
₽53629
₽71045
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
trade
-
-
-
17 416
income

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

-
-
-
46 439
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.

-
-
-
6 894
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.

-
-
-
2 555
total
-
-
-
73 304
Employee

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

38 599
-
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.

6 894
-
6 894
-
surtax

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

59
-
2 555
-
income

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

1 078
-
46 439
-
total
8 031
-
55 888
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
118 901
157 500
-
-
surtax

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

981
1 298
-
-
income
17 835
23 625
-
-
trade
18 728
24 806
-
-
chamber of commerce
324
379
-
-
total
37 868
50 108
-
-
Dividends
81 034
107 392
-
-
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.

1 094
1 455
-
-
withholding
19 875
26 465
-
-
total
20 969
27 920
-
-
Income
157 500
157 500
157 500
157 500
Total tax
66 868
78 028
55 888
73 304
After tax
90 632
79 472
101 612
84 196
Living cost
30 567
30 567
30 567
30 567
Free-cash
60 065
48 905
71 045
53 629

Estimated living cost  is ₽30567 per week

₽19227
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3564
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽571
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7205
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽47286
₽46438
₽42278
₽43514
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
17 115
pensions
-
-
-
18 900
national
-
-
-
26 520
social contributions
-
-
-
1 693
total
-
-
-
64 228
Employee
79 050
-
136 157
-
municipal
9 764
-
17 724
-
pensions
3 162
-
5 446
-
national
15 130
-
27 465
-
total
28 056
-
50 635
-
Employer
79 050
-
136 157
-
social contributions
850
-
1 464
-
pensions
6 324
-
10 893
-
total
7 174
-
12 357
-
Corporate
66 059
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%.

13 212
31 500
-
-
total
13 212
31 500
-
-
Dividends
52 847
126 000
-
-
withholding
11 626
27 720
-
-
total
11 626
27 720
-
-
Income
157 500
157 500
157 500
157 500
Total tax
60 068
59 220
62 992
64 228
After tax
97 432
98 280
94 508
93 272
Living cost
50 994
50 994
50 994
50 994
Free-cash
46 438
47 286
43 514
42 278

Estimated living cost  is ₽50994 per week

₽34660
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4740
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽763
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10830
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽105006
₽96727
₽31493
₽74188
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
microenterprise
-
-
-
-
income
-
-
-
26 183
surtax
-
-
-
40 163
social contributions

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

-
-
-
38 666
total
-
-
-
105 012
Employee
29 488
-
114 229
-
social contributions

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

3 244
-
12 565
-
surtax
-
-
-
-
income
5 249
-
22 234
-
total
8 493
-
34 799
-
Employer
29 488
-
114 229
-
social contributions

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

7 103
-
27 518
-
surtax
-
-
-
-
total
7 103
-
27 518
-
Corporate
120 909
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%.

24 182
31 499
-
-
total
24 182
31 499
-
-
Dividends

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

96 727
126 001
-
-
total
-
-
-
-
Income
157 500
157 500
157 500
157 500
Total tax
39 778
31 499
62 317
105 012
After tax
117 722
126 001
95 183
52 488
Living cost
20 995
20 995
20 995
20 995
Free-cash
96 727
105 006
74 188
31 493

Estimated living cost  is ₽20995 per week

₽13394
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1999
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽477
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5125
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽35401
₽29218
₽46086
₽53928
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
157 500
income
-
-
-
44 870
pensions
-
-
-
11 824
health
-
-
-
12 444
total
-
-
-
69 138
Employee
86 179
86 179
138 746
-
health
13 228
11 251
12 444
-
income

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

14 106
14 106
18 275
-
pensions
15 512
11 824
11 824
-
total
42 846
37 181
42 543
-
Employer
86 179
86 179
138 746
-
unemployment
3 102
3 102
3 855
-
pensions
5 998
5 998
7 455
-
health
5 990
5 990
7 444
-
total
15 090
15 090
18 754
-
Corporate
57 287
56 230
-
-
income
11 458
11 245
-
-
total
11 458
11 245
-
-
Dividends
45 829
44 985
-
-
income
9 738
9 560
-
-
withholding
6 875
6 747
-
-
total
16 613
16 307
-
-
Income
157 500
157 500
157 500
157 500
Total tax
86 007
79 823
61 297
69 138
After tax
71 493
77 677
96 203
88 362
Living cost
42 276
42 276
42 276
42 276
Free-cash
29 218
35 401
53 928
46 086

Estimated living cost  is ₽42276 per week

₽29960
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3811
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽672
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7833
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽47005
₽46129
₽42788
₽41842
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
39 584
accident
-
-
-
171
pensions
-
-
-
9 237
other
-
-
-
9 930
unemployment
-
-
-
86
health
-
-
-
5 332
national
-
-
-
11 382
total
-
-
-
75 722
Employee
55 558
-
130 651
-
municipal
16 567
-
38 960
-
national
-
-
10 859
-
total
16 567
-
49 819
-
Employer
55 558
-
130 651
-
accident
111
-
171
-
other
6 456
-
9 930
-
unemployment
1 467
-
2 256
-
pensions
6 006
-
9 237
-
health
3 417
-
5 255
-
total
17 457
-
26 849
-
Corporate
84 486
157 500
-
-
income
18 587
34 650
-
-
total
18 587
34 650
-
-
Dividends
65 899
122 850
-
-
withholding
19 770
36 855
-
-
total
19 770
36 855
-
-
Income
157 500
157 500
157 500
157 500
Total tax
72 381
71 505
76 668
75 722
After tax
85 119
85 995
80 832
81 778
Living cost
38 990
38 990
38 990
38 990
Free-cash
46 129
47 005
41 842
42 788

Estimated living cost  is ₽38990 per week

₽25841
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3826
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽592
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8731
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽39018
₽53197
₽43777
₽61968
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
trade
-
-
-
18 191
income

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

-
-
-
46 439
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.

-
-
-
6 894
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.

-
-
-
2 555
total
-
-
-
74 079
Employee

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

51 177
-
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.

6 894
-
6 894
-
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.

241
-
2 555
-
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.

4 397
-
46 439
-
total
11 532
-
55 888
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
106 323
157 500
-
-
surtax

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

877
1 298
-
-
income
15 949
23 625
-
-
trade
17 490
25 909
-
-
chamber of commerce
304
377
-
-
total
34 620
51 209
-
-
Dividends
71 702
106 291
-
-
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.

965
1 440
-
-
withholding
17 542
26 189
-
-
total
18 507
27 629
-
-
Income
157 500
157 500
157 500
157 500
Total tax
64 659
78 838
55 888
74 079
After tax
92 841
78 662
101 612
83 421
Living cost
39 644
39 644
39 644
39 644
Free-cash
53 197
39 018
61 968
43 777

Estimated living cost  is ₽39644 per week

₽26514
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4181
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽592
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8357
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

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
₽82234
₽78047
₽75933
₽74493
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
157 500
income
-
-
-
28 491
health
-
-
-
4 016
social contributions
-
-
-
16 328
total
-
-
-
48 835
Employee
77 600
77 600
146 111
-
social contributions
3 771
6 440
8 687
-
health
772
1 319
2 484
-
income
8 149
7 183
27 715
-
total
12 692
14 942
38 886
-
Employer
77 600
77 600
146 111
-
social contributions
3 771
6 440
8 687
-
health
841
1 436
2 702
-
total
4 612
7 876
11 389
-
Corporate
107 465
72 023
-
-
income
13 432
9 003
-
-
total
13 432
9 003
-
-
Dividends
94 032
63 020
-
-
withholding
15 985
10 713
-
-
total
15 985
10 713
-
-
Income
157 500
157 500
157 500
157 500
Total tax
46 721
42 534
50 275
48 835
After tax
110 779
114 966
107 225
108 665
Living cost
32 732
32 732
32 732
32 732
Free-cash
78 047
82 234
74 493
75 933

Estimated living cost  is ₽32732 per week

₽22376
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.
₽550
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7251
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽70182
₽70562
₽90772
₽72967
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
157 500
income
-
-
-
19 254
pensions
-
-
-
15 750
unemployment
-
-
-
2 362
health
-
-
-
11 025
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.

26 470
10 535
131 799
-
health
1 853
737
9 226
-
income
3 236
1 288
16 112
-
pensions
2 647
1 053
13 180
-
unemployment
397
158
1 977
-
total
8 133
3 236
40 495
-
Employer

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

The minimum wage is 138,000 HUF per month.

26 470
10 535
131 799
-
pensions
5 162
2 054
25 701
-
total
5 162
2 054
25 701
-
Corporate
125 869
144 911
-
-
income
11 328
13 042
-
-
total
11 328
13 042
-
-
Dividends
114 541
131 869
-
-
social contributions
22 215
25 594
-
-
withholding
21 763
25 055
-
-
total
43 978
50 649
-
-
Income
157 500
157 500
157 500
157 500
Total tax
68 601
68 981
66 196
48 391
After tax
88 899
88 519
91 304
109 109
Living cost
18 337
18 337
18 337
18 337
Free-cash
70 562
70 182
72 967
90 772

Estimated living cost  is ₽18337 per week

₽12513
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1500
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽366
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3957
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽101626
₽95355
₽60046
₽66406
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
157 500
income
-
-
-
21 104
pensions
-
-
-
31 501
health
-
-
-
20 474
total
-
-
-
73 079
Employee
28 629
-
117 710
-
income
3 223
-
22 696
-
pensions
573
-
2 354
-
unemployment
458
-
1 883
-
total
4 254
-
26 933
-
Employer
28 629
-
117 710
-
unemployment
230
-
942
-
pensions
5 726
-
23 542
-
health
3 721
-
15 302
-
total
9 677
-
39 786
-
Corporate
119 195
157 500
-
-
income
23 839
31 499
-
-
total
23 839
31 499
-
-
Dividends
95 356
126 001
-
-
total
-
-
-
-
Income
157 500
157 500
157 500
157 500
Total tax
37 770
31 499
66 719
73 079
After tax
119 730
126 001
90 781
84 421
Living cost
24 375
24 375
24 375
24 375
Free-cash
95 355
101 626
66 406
60 046

Estimated living cost  is ₽24375 per week

₽16719
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1452
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽490
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5715
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽9312
₽9372
₽85667
₽62807
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
157 500
accident
-
-
-
253
income
-
-
-
42 777
pensions
-
-
-
4 174
other
-
-
-
372
health
-
-
-
2 188
total
-
-
-
49 764
Employee
34 715
-
140 653
-
health
3 975
-
16 105
-
income
4 763
-
32 019
-
pensions
3 909
-
7 653
-
total
12 647
-
55 777
-
Employer
34 715
-
140 653
-
accident
580
-
2 349
-
unemployment
850
-
3 446
-
pensions
5 645
-
11 052
-
total
7 075
-
16 847
-
Corporate
115 710
157 500
-
-
income

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

104 139
141 750
-
-
total
104 139
141 750
-
-
Dividends
11 571
15 750
-
-
withholding
2 198
2 993
-
-
total
2 198
2 993
-
-
Income
157 500
157 500
157 500
157 500
Total tax
126 059
144 743
72 624
49 764
After tax
31 441
12 757
84 876
107 736
Living cost
22 069
22 069
22 069
22 069
Free-cash
9 372
-9 312
62 807
85 667

Estimated living cost  is ₽22069 per week

₽16174
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1223
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽461
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4211
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽140546
₽138844
₽146846
₽116921
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
11 349
-
157 500
-
income
2 269
-
31 500
-
total
2 269
-
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%.

146 151
157 500
-
-
total
-
-
-
-
Dividends
146 151
157 500
-
-
withholding
7 308
7 875
-
-
total
7 308
7 875
-
-
Income
157 500
157 500
157 500
157 500
Total tax
9 577
7 875
31 500
1 575
After tax
147 923
149 625
126 000
155 925
Living cost
9 079
9 079
9 079
9 079
Free-cash
138 844
140 546
116 921
146 846

Estimated living cost  is ₽9079 per week

₽5627
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽755
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽250
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2448
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽88825
₽82011
₽57350
₽62859
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
157 500
income
-
-
-
22 387
pensions

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

-
-
-
36 831
other
-
-
-
7 289
health
-
-
-
6 753
total
-
-
-
73 260
Employee
36 642
-
125 798
-
health
513
-
1 762
-
income
6 308
-
24 222
-
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.

2 564
-
8 807
-
unemployment
366
-
1 258
-
total
9 751
-
36 049
-
Employer
36 642
-
125 798
-
accident
293
-
1 007
-
other
1 833
-
6 289
-
unemployment
366
-
1 258
-
pensions

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

6 230
-
21 386
-
health
513
-
1 762
-
total
9 235
-
31 702
-
Corporate
111 624
157 500
-
-
income
23 441
33 075
-
-
total
23 441
33 075
-
-
Dividends
88 183
124 425
-
-
withholding
6 172
8 710
-
-
total
6 172
8 710
-
-
Income
157 500
157 500
157 500
157 500
Total tax
48 599
41 785
67 751
73 260
After tax
108 901
115 715
89 749
84 240
Living cost
26 890
26 890
26 890
26 890
Free-cash
82 011
88 825
62 859
57 350

Estimated living cost  is ₽26890 per week

₽19000
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1816
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽433
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5642
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽37623
₽36371
₽38283
₽23911
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
157 500
income
-
-
-
42 796
pensions
-
-
-
8 694
total
-
-
-
51 490
Employee
95 823
-
137 778
-
health
1 579
-
2 079
-
income
17 273
-
33 215
-
pensions
9 244
-
10 846
-
total
28 096
-
46 140
-
Employer
95 823
-
137 778
-
pensions
11 314
-
17 104
-
health
1 820
-
2 618
-
total
13 134
-
19 722
-
Corporate
48 543
157 500
-
-
income

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

9 224
29 925
-
-
total
9 224
29 925
-
-
Dividends
39 319
127 575
-
-
withholding
2 948
22 225
-
-
total
2 948
22 225
-
-
Income
157 500
157 500
157 500
157 500
Total tax
53 402
52 150
65 862
51 490
After tax
104 098
105 350
91 638
106 010
Living cost
67 727
67 727
67 727
67 727
Free-cash
36 371
37 623
23 911
38 283

Estimated living cost  is ₽67727 per week

₽50749
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽7957
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽551
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8470
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽121423
₽116733
₽111219
₽117175
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
157 500
income
-
-
-
23 625
pensions

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

-
-
-
5 220
unemployment
-
-
-
141
health
-
-
-
4 056
total
-
-
-
33 042
Employee
17 531
-
150 580
-
health
806
-
1 622
-
accident

We are using the highest rate at 1.1%.

193
-
388
-
income
1 753
-
15 058
-
pensions

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

1 539
-
3 097
-
total
4 291
-
20 165
-
Employer
17 531
-
150 580
-
accident

We are using the highest rate at 1.1%.

193
-
388
-
unemployment
105
-
212
-
pensions

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

1 932
-
3 887
-
health
1 210
-
2 434
-
total
3 440
-
6 921
-
Corporate
136 529
157 500
-
-
income
13 653
15 750
-
-
total
13 653
15 750
-
-
Dividends
122 876
141 750
-
-
withholding
6 144
7 088
-
-
total
6 144
7 088
-
-
Income
157 500
157 500
157 500
157 500
Total tax
27 528
22 838
27 086
33 042
After tax
129 972
134 662
130 414
124 458
Living cost
13 239
13 239
13 239
13 239
Free-cash
116 733
121 423
117 175
111 219

Estimated living cost  is ₽13239 per week

₽7729
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽945
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽351
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4214
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽21717
₽24254
₽32402
₽40243
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
157 500
income
-
-
-
44 870
pensions
-
-
-
11 824
health
-
-
-
12 444
total
-
-
-
69 138
Employee
93 563
86 179
138 746
-
health
11 672
11 251
12 444
-
income

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

14 106
14 106
18 275
-
pensions
11 824
11 824
11 824
-
total
37 602
37 181
42 543
-
Employer
93 563
86 179
138 746
-
unemployment
3 369
3 102
3 855
-
pensions
6 511
5 998
7 455
-
health
6 502
5 990
7 444
-
total
16 382
15 090
18 754
-
Corporate
47 556
56 230
-
-
income
9 510
11 245
-
-
total
9 510
11 245
-
-
Dividends
38 045
44 985
-
-
income
8 085
9 560
-
-
withholding
5 707
6 747
-
-
total
13 792
16 307
-
-
Income
157 500
157 500
157 500
157 500
Total tax
77 286
79 823
61 297
69 138
After tax
80 214
77 677
96 203
88 362
Living cost
55 960
55 960
55 960
55 960
Free-cash
24 254
21 717
40 243
32 402

Estimated living cost  is ₽55960 per week

₽41280
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4998
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽642
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9041
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽84269
₽75647
₽62070
₽55756
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
157 500
income
-
-
-
15 219
health
-
-
-
21 262
solidarity contribution
-
-
-
-
social contributions
-
-
-
34 779
total
-
-
-
71 260
Employee
35 544
-
117 537
-
social contributions
2 310
-
7 640
-
health
4 798
-
15 868
-
solidarity contribution
-
-
-
-
income
4 265
-
14 104
-
total
11 373
-
37 612
-
Employer
35 544
-
117 537
-
social contributions
8 886
-
29 384
-
health
3 199
-
10 578
-
total
12 085
-
39 962
-
Corporate
109 871
157 500
-
-
income
20 876
29 925
-
-
total
20 876
29 925
-
-
Dividends
88 996
127 575
-
-
withholding
13 349
19 136
-
-
total
13 349
19 136
-
-
Income
157 500
157 500
157 500
157 500
Total tax
57 683
49 061
77 574
71 260
After tax
99 817
108 439
79 926
86 240
Living cost
24 170
24 170
24 170
24 170
Free-cash
75 647
84 269
55 756
62 070

Estimated living cost  is ₽24170 per week

₽16789
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1719
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽475
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5186
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽41450
₽36181
₽33876
₽26731
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
936
regional
-
-
-
1 837
national
-
-
-
37 758
social contributions
-
-
-
40 510
total
-
-
-
81 041
Employee
89 689
-
157 500
-
social contributions
30 243
-
53 109
-
regional
846
-
1 620
-
municipal
475
-
835
-
national
15 541
-
32 622
-
total
47 105
-
88 186
-
Employer
89 689
-
157 500
-
total
-
-
-
-
Corporate
67 811
157 500
-
-
nationa
16 274
37 800
-
-
municipal
2 645
6 142
-
-
total
18 919
43 942
-
-
Dividends
48 892
113 558
-
-
withholding
12 712
29 525
-
-
total
12 712
29 525
-
-
Income
157 500
157 500
157 500
157 500
Total tax
78 736
73 467
88 186
81 041
After tax
78 764
84 033
69 314
76 459
Living cost
42 583
42 583
42 583
42 583
Free-cash
36 181
41 450
26 731
33 876

Estimated living cost  is ₽42583 per week

₽29684
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2792
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽653
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9453
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽76798
₽73659
₽52473
₽46912
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
157 500
income
-
-
-
40 175
pensions
-
-
-
26 938
other
-
-
-
-
unemployment
-
-
-
230
health
-
-
-
9 562
surtax
-
-
-
5 853
total
-
-
-
82 758
Employee
33 373
-
130 112
-
other
-
-
-
-
health
852
-
3 319
-
surtax
109
-
4 973
-
income
5 594
-
34 904
-
pensions
2 225
-
8 679
-
unemployment
2 323
-
9 056
-
total
11 103
-
60 931
-
Employer
33 373
-
130 112
-
other
-
-
-
-
unemployment
1 057
-
4 125
-
pensions
4 449
-
17 343
-
health
1 519
-
5 920
-
total
7 025
-
27 388
-
Corporate
117 103
157 500
-
-
income
30 446
40 950
-
-
total
30 446
40 950
-
-
Dividends
86 657
116 550
-
-
withholding
12 998
17 483
-
-
total
12 998
17 483
-
-
Income
157 500
157 500
157 500
157 500
Total tax
61 572
58 433
88 319
82 758
After tax
95 928
99 067
69 181
74 742
Living cost
22 269
22 269
22 269
22 269
Free-cash
73 659
76 798
46 912
52 473

Estimated living cost  is ₽22269 per week

₽13616
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2055
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽513
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6084
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽59081
₽63769
₽59741
₽45369
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
157 500
income
-
-
-
42 796
pensions
-
-
-
8 694
total
-
-
-
51 490
Employee
64 218
-
137 778
-
health
932
-
2 079
-
income
11 566
-
33 215
-
pensions
5 451
-
10 846
-
total
17 949
-
46 140
-
Employer
64 218
-
137 778
-
pensions
6 952
-
17 104
-
health
1 220
-
2 618
-
total
8 172
-
19 722
-
Corporate
85 110
157 500
-
-
income

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

16 171
29 925
-
-
total
16 171
29 925
-
-
Dividends
68 939
127 575
-
-
withholding
5 170
22 225
-
-
total
5 170
22 225
-
-
Income
157 500
157 500
157 500
157 500
Total tax
47 462
52 150
65 862
51 490
After tax
110 038
105 350
91 638
106 010
Living cost
46 269
46 269
46 269
46 269
Free-cash
63 769
59 081
45 369
59 741

Estimated living cost  is ₽46269 per week

₽34665
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3468
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽484
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7652
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽4253
₽28380
₽52207
₽44553
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
city
-
-
-
1 659
pensions
-
-
-
14 490
other

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

-
-
-
3 150
regional
-
-
-
7 293
health
-
-
-
355
national
-
-
-
2 073
total
-
-
-
29 020
Employee
89 259
-
140 970
-
city
958
-
1 514
-
regional
2 923
-
6 314
-
health
202
-
317
-
pensions
7 499
-
11 842
-
unemployment
-
-
-
-
national
422
-
1 709
-
total
12 004
-
21 696
-
Employer
89 259
-
140 970
-
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.

1 785
-
2 819
-
unemployment
-
-
-
-
pensions
7 499
-
11 842
-
health
202
-
317
-
total
9 486
-
14 978
-
Corporate
57 775
157 500
-
-
regional
12 220
33 312
-
-
national
4 911
13 388
-
-
total
17 131
46 700
-
-
Dividends
40 644
110 800
-
-
withholding
14 226
38 780
-
-
total
14 226
38 780
-
-
Income
157 500
157 500
157 500
157 500
Total tax
52 847
85 480
36 674
29 020
After tax
104 653
72 020
120 826
128 480
Living cost
76 273
76 273
76 273
76 273
Free-cash
28 380
-4 253
44 553
52 207

Estimated living cost  is ₽76273 per week

₽49599
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽6845
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.
₽18892
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽31622
₽47984
₽36417
₽55382
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
trade
-
-
-
18 965
income

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

-
-
-
46 439
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.

-
-
-
6 894
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.

-
-
-
2 555
total
-
-
-
74 853
Employee

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

60 649
-
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.

6 894
-
6 894
-
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.

393
-
2 555
-
income

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

7 132
-
46 439
-
total
14 419
-
55 888
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
96 851
157 500
-
-
surtax

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

799
1 298
-
-
income
14 528
23 625
-
-
trade
16 610
27 010
-
-
chamber of commerce
289
375
-
-
total
32 226
52 308
-
-
Dividends
64 626
105 191
-
-
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.

868
1 425
-
-
withholding
15 773
25 915
-
-
total
16 641
27 340
-
-
Income
157 500
157 500
157 500
157 500
Total tax
63 286
79 648
55 888
74 853
After tax
94 214
77 852
101 612
82 647
Living cost
46 230
46 230
46 230
46 230
Free-cash
47 984
31 622
55 382
36 417

Estimated living cost  is ₽46230 per week

₽33765
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3698
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽601
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8168
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽44853
₽50815
₽54558
₽54289
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
157 500
income
-
-
-
23 003
pensions
-
-
-
30 016
other
-
-
-
4 882
health
-
-
-
6 027
surtax
-
-
-
-
social contributions
-
-
-
4 487
total
-
-
-
68 415
Employee
43 191
-
123 172
-
social contributions
1 231
-
3 510
-
surtax
-
-
-
-
income
2 549
-
22 816
-
pensions
4 883
-
8 034
-
total
8 663
-
34 360
-
Employer
43 191
-
123 172
-
other
1 490
-
4 578
-
social contributions
130
-
370
-
unemployment
1 748
-
4 989
-
pensions
7 095
-
13 619
-
health
3 024
-
10 768
-
total
13 487
-
34 324
-
Corporate
100 821
157 500
-
-
surtax
-
-
-
-
income
28 230
44 101
-
-
total
28 230
44 101
-
-
Dividends
72 591
113 399
-
-
surtax
-
-
-
-
social contributions
12 486
19 505
-
-
withholding
9 292
14 514
-
-
total
21 778
34 019
-
-
Income
157 500
157 500
157 500
157 500
Total tax
72 158
78 120
68 684
68 415
After tax
85 342
79 380
88 816
89 085
Living cost
34 527
34 527
34 527
34 527
Free-cash
50 815
44 853
54 289
54 558

Estimated living cost  is ₽34527 per week

₽21771
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2808
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽588
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9363
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽48274
₽53881
₽57979
₽57710
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
157 500
income
-
-
-
23 003
pensions
-
-
-
30 016
other
-
-
-
4 882
health
-
-
-
6 027
surtax
-
-
-
-
social contributions
-
-
-
4 487
total
-
-
-
68 415
Employee
38 554
-
123 172
-
social contributions
1 099
-
3 510
-
surtax
-
-
-
-
income
1 988
-
22 816
-
pensions
4 361
-
8 034
-
total
7 448
-
34 360
-
Employer
38 554
-
123 172
-
other
1 331
-
4 578
-
social contributions
115
-
370
-
unemployment
1 561
-
4 989
-
pensions
6 335
-
13 619
-
health
2 698
-
10 768
-
total
12 040
-
34 324
-
Corporate
106 906
157 500
-
-
surtax
-
-
-
-
income
29 933
44 101
-
-
total
29 933
44 101
-
-
Dividends
76 973
113 399
-
-
surtax
-
-
-
-
social contributions
13 239
19 505
-
-
withholding
9 853
14 514
-
-
total
23 092
34 019
-
-
Income
157 500
157 500
157 500
157 500
Total tax
72 513
78 120
68 684
68 415
After tax
84 987
79 380
88 816
89 085
Living cost
31 106
31 106
31 106
31 106
Free-cash
53 881
48 274
57 710
57 979

Estimated living cost  is ₽31106 per week

₽18040
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3160
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽590
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9317
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽74692
₽75214
₽79749
₽77097
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
157 500
income
-
-
-
23 625
health
-
-
-
10 993
social contributions
-
-
-
21 734
total
-
-
-
56 352
Employee
34 217
-
157 500
-
social contributions
4 723
-
21 734
-
health
2 388
-
10 993
-
income
5 707
-
26 277
-
total
12 818
-
59 004
-
Employer
34 217
-
157 500
-
total
-
-
-
-
Corporate
123 283
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%.

6 165
7 875
-
-
total
6 165
7 875
-
-
Dividends
117 119
149 625
-
-
health
8 176
10 443
-
-
social contributions
16 161
20 648
-
-
withholding
17 567
22 443
-
-
total
41 904
53 534
-
-
Income
157 500
157 500
157 500
157 500
Total tax
60 887
61 409
59 004
56 352
After tax
96 613
96 091
98 496
101 148
Living cost
21 399
21 399
21 399
21 399
Free-cash
75 214
74 692
77 097
79 749

Estimated living cost  is ₽21399 per week

₽14321
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1319
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.
₽5265
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽51780
₽50220
₽45221
₽5671
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
chamber of commerce
-
-
-
630
income
-
-
-
38 872
pensions
-
-
-
21 811
unemployment
-
-
-
6 190
health
-
-
-
9 018
surtax
-
-
-
199
total
-
-
-
76 720
Employee
50 434
40 217
122 998
-
other
504
402
1 180
-
health
1 951
1 557
4 562
-
income
5 741
2 966
30 626
-
pensions
5 165
4 117
12 073
-
unemployment
1 513
1 207
3 537
-
total
14 874
10 249
51 978
-
Employer
50 434
40 217
122 998
-
accident
655
523
1 532
-
other
2 396
1 909
5 799
-
chamber of commerce
201
161
492
-
unemployment
1 513
1 207
3 537
-
surtax
199
199
199
-
pensions
6 329
5 048
14 796
-
payroll
1 513
1 207
3 690
-
health
1 906
1 521
4 456
-
total
14 712
11 775
34 501
-
Corporate
92 355
105 509
119 168
-
income

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

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

23 088
26 376
29 791
-
total
23 088
26 376
29 791
-
Dividends
69 266
79 133
-
-
withholding
19 047
21 761
-
-
total
19 047
21 761
-
-
Income
157 500
157 500
157 500
157 500
Total tax
71 721
70 161
116 270
76 720
After tax
85 779
87 339
41 230
80 780
Living cost
35 559
35 559
35 559
35 559
Free-cash
50 220
51 780
5 671
45 221

Estimated living cost  is ₽35559 per week

₽23716
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3033
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽584
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8225
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽51332
₽36197
₽31639
₽19786
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
national
-
-
-
56 570
communal

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

-
-
-
7 978
social contributions
-
-
-
24 517
total
-
-
-
89 065
Employee

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

72 186
-
121 987
-
communal

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

3 765
-
6 362
-
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.

3 392
-
5 734
-
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.

5 414
-
9 148
-
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.

628
-
1 061
-
national
22 193
-
43 099
-
total
35 392
-
65 404
-
Employer

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

72 186
-
121 987
-
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.

938
-
1 586
-
unemployment

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

1 053
-
1 781
-
surtax
8 185
-
13 835
-
pensions

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

6 396
-
10 809
-
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.

4 439
-
7 503
-
total
21 011
-
35 514
-
Corporate
64 301
157 500
-
-
surtax
257
630
-
-
income
12 860
31 499
-
-
total
13 117
32 129
-
-
Dividends
51 185
125 371
-
-
withholding

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

14 987
37 243
-
-
total
14 987
37 243
-
-
Income
157 500
157 500
157 500
157 500
Total tax
84 507
69 372
100 918
89 065
After tax
72 993
88 128
56 582
68 435
Living cost
36 796
36 796
36 796
36 796
Free-cash
36 197
51 332
19 786
31 639

Estimated living cost  is ₽36796 per week

₽23701
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3217
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽576
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9302
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽68784
₽61508
₽52170
₽47935
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
843
income
-
-
-
40 823
pensions
-
-
-
26 470
other
-
-
-
94
unemployment
-
-
-
655
total
-
-
-
68 885
Employee
50 234
-
127 680
-
other
50
-
94
-
income
10 599
-
37 359
-
pensions
2 361
-
4 397
-
unemployment
779
-
1 450
-
total
13 789
-
43 300
-
Employer
50 234
-
127 680
-
accident
994
-
1 852
-
other
400
-
749
-
unemployment
2 763
-
5 144
-
pensions
11 854
-
22 075
-
total
16 011
-
29 820
-
Corporate
91 254
157 500
-
-
income

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

13 689
23 625
-
-
total
13 689
23 625
-
-
Dividends
77 565
133 875
-
-
withholding
16 058
28 646
-
-
total
16 058
28 646
-
-
Income
157 500
157 500
157 500
157 500
Total tax
59 547
52 271
73 120
68 885
After tax
97 953
105 229
84 380
88 615
Living cost
36 445
36 445
36 445
36 445
Free-cash
61 508
68 784
47 935
52 170

Estimated living cost  is ₽36445 per week

₽26838
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2585
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽525
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6496
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽38466
₽26566
₽25297
₽31574
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
1 327
income
-
-
-
23 599
pensions
-
-
-
23 607
health
-
-
-
11 065
surtax
-
-
-
7 808
communal
-
-
-
9 955
total
-
-
-
77 361
Employee
76 423
-
140 687
-
health
3 401
-
6 260
-
surtax
4 684
-
8 622
-
income
7 382
-
28 134
-
pensions
6 113
-
11 255
-
total
21 580
-
54 271
-
Employer
76 423
-
140 687
-
accident
688
-
1 266
-
pensions
6 113
-
11 255
-
health
2 331
-
4 292
-
total
9 132
-
16 813
-
Corporate
71 945
157 500
-
-
surtax
755
1 655
-
-
communal
4 857
10 631
-
-
income
10 792
23 625
-
-
total
16 404
35 911
-
-
Dividends
55 543
121 590
-
-
income
20 645
10 042
-
-
withholding
8 331
18 239
-
-
total
28 976
28 281
-
-
Income
157 500
157 500
157 500
157 500
Total tax
76 092
64 192
71 084
77 361
After tax
81 408
93 308
86 416
80 139
Living cost
54 842
54 842
54 842
54 842
Free-cash
26 566
38 466
31 574
25 297

Estimated living cost  is ₽54842 per week

₽41140
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3323
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽580
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9798
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽76400
₽73191
₽52075
₽46514
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
157 500
income
-
-
-
40 175
pensions
-
-
-
26 938
other
-
-
-
-
unemployment
-
-
-
230
health
-
-
-
9 562
surtax
-
-
-
5 853
total
-
-
-
82 758
Employee
33 985
-
130 112
-
other
-
-
-
-
health
868
-
3 319
-
surtax
121
-
4 973
-
income
5 697
-
34 904
-
pensions
2 267
-
8 679
-
unemployment
2 365
-
9 056
-
total
11 318
-
60 931
-
Employer
33 985
-
130 112
-
other
-
-
-
-
unemployment
1 078
-
4 125
-
pensions
4 531
-
17 343
-
health
1 545
-
5 920
-
total
7 154
-
27 388
-
Corporate
116 360
157 500
-
-
income
30 255
40 950
-
-
total
30 255
40 950
-
-
Dividends
86 105
116 550
-
-
withholding
12 915
17 483
-
-
total
12 915
17 483
-
-
Income
157 500
157 500
157 500
157 500
Total tax
61 642
58 433
88 319
82 758
After tax
95 858
99 067
69 181
74 742
Living cost
22 667
22 667
22 667
22 667
Free-cash
73 191
76 400
46 514
52 075

Estimated living cost  is ₽22667 per week

₽13685
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1971
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽527
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6486
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽55602
₽53357
₽48735
₽41630
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
936
regional
-
-
-
2 376
national
-
-
-
37 758
social contributions
-
-
-
40 510
total
-
-
-
81 580
Employee
55 980
-
157 500
-
social contributions
18 877
-
53 109
-
regional
754
-
2 119
-
municipal
297
-
835
-
national
8 869
-
32 622
-
total
28 797
-
88 685
-
Employer
55 980
-
157 500
-
total
-
-
-
-
Corporate
101 520
157 500
-
-
nationa
24 366
37 800
-
-
municipal
5 046
7 827
-
-
total
29 412
45 627
-
-
Dividends
72 108
111 873
-
-
withholding
18 749
29 086
-
-
total
18 749
29 086
-
-
Income
157 500
157 500
157 500
157 500
Total tax
76 958
74 713
88 685
81 580
After tax
80 542
82 787
68 815
75 920
Living cost
27 185
27 185
27 185
27 185
Free-cash
53 357
55 602
41 630
48 735

Estimated living cost  is ₽27185 per week

₽16906
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2754
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽465
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7059
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽78656
₽68030
₽56457
₽50143
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
157 500
income
-
-
-
15 219
health
-
-
-
21 262
solidarity contribution
-
-
-
-
social contributions
-
-
-
34 779
total
-
-
-
71 260
Employee
43 799
-
117 537
-
social contributions
2 847
-
7 640
-
health
5 913
-
15 868
-
solidarity contribution
-
-
-
-
income
5 256
-
14 104
-
total
14 016
-
37 612
-
Employer
43 799
-
117 537
-
social contributions
10 950
-
29 384
-
health
3 942
-
10 578
-
total
14 892
-
39 962
-
Corporate
98 809
157 500
-
-
income
18 774
29 925
-
-
total
18 774
29 925
-
-
Dividends
80 036
127 575
-
-
withholding
12 005
19 136
-
-
total
12 005
19 136
-
-
Income
157 500
157 500
157 500
157 500
Total tax
59 687
49 061
77 574
71 260
After tax
97 813
108 439
79 926
86 240
Living cost
29 783
29 783
29 783
29 783
Free-cash
68 030
78 656
50 143
56 457

Estimated living cost  is ₽29783 per week

₽22149
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1650
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽515
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5469
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽55250
₽54753
₽48783
₽9092
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
chamber of commerce
-
-
-
630
income
-
-
-
38 872
pensions
-
-
-
21 811
unemployment
-
-
-
6 190
health
-
-
-
9 018
surtax
-
-
-
-
total
-
-
-
76 521
Employee
44 114
40 217
123 184
-
other
440
402
1 180
-
health
1 706
1 557
4 562
-
income
3 930
2 966
30 705
-
pensions
4 518
4 117
12 073
-
unemployment
1 323
1 207
3 537
-
total
11 917
10 249
52 057
-
Employer
44 114
40 217
123 184
-
accident
573
523
1 532
-
other
2 095
1 909
5 807
-
chamber of commerce
176
161
492
-
unemployment
1 323
1 207
3 537
-
surtax
-
-
-
-
pensions
5 537
5 048
14 796
-
payroll
1 323
1 207
3 696
-
health
1 668
1 521
4 456
-
total
12 695
11 576
34 316
-
Corporate
100 691
105 708
119 353
-
income

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

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

25 172
26 426
29 839
-
total
25 172
26 426
29 839
-
Dividends
75 519
79 282
-
-
withholding
20 767
21 803
-
-
total
20 767
21 803
-
-
Income
157 500
157 500
157 500
157 500
Total tax
70 551
70 054
116 212
76 521
After tax
86 949
87 446
41 288
80 979
Living cost
32 196
32 196
32 196
32 196
Free-cash
54 753
55 250
9 092
48 783

Estimated living cost  is ₽32196 per week

₽19314
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3288
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽575
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9020
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽135476
₽132823
₽141776
₽111851
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
17 686
-
157 500
-
income
3 537
-
31 500
-
total
3 537
-
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%.

139 814
157 500
-
-
total
-
-
-
-
Dividends
139 814
157 500
-
-
withholding
6 991
7 875
-
-
total
6 991
7 875
-
-
Income
157 500
157 500
157 500
157 500
Total tax
10 528
7 875
31 500
1 575
After tax
146 972
149 625
126 000
155 925
Living cost
14 149
14 149
14 149
14 149
Free-cash
132 823
135 476
111 851
141 776

Estimated living cost  is ₽14149 per week

₽9574
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽594
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.
₽3505
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽81371
₽72931
₽50885
₽46711
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

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

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

-
-
-
157 500
income
-
-
-
35 051
pensions
-
-
-
28 763
unemployment
-
-
-
236
health
-
-
-
15 497
total
-
-
-
79 547
Employee

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

44 626
-
136 281
-
health
2 882
-
8 804
-
income
7 696
-
32 383
-
pensions
6 917
-
21 123
-
unemployment
63
-
192
-
total
17 558
-
62 502
-
Employer

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

44 626
-
136 281
-
unemployment
27
-
82
-
pensions
3 949
-
12 061
-
health
2 972
-
9 076
-
total
6 948
-
21 219
-
Corporate
105 926
157 500
-
-
income
20 126
29 925
-
-
total
20 126
29 925
-
-
Dividends
85 801
127 575
-
-
withholding
12 869
19 136
-
-
total
12 869
19 136
-
-
Income
157 500
157 500
157 500
157 500
Total tax
57 501
49 061
83 721
79 547
After tax
99 999
108 439
73 779
77 953
Living cost
27 068
27 068
27 068
27 068
Free-cash
72 931
81 371
46 711
50 885

Estimated living cost  is ₽27068 per week

₽18576
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1735
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽525
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6234
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽52243
₽4202
₽65265
₽100633
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
157 500
income
-
-
-
30 700
social contributions
-
-
-
17 955
total
-
-
-
48 655
Employee
62 487
-
-
-
social contributions
5 124
-
730
-
income
13 783
-
-
-
total
18 907
-
730
-
Employer
62 487
-
-
-
social contributions
88 107
-
12 557
-
total
88 107
-
12 557
-
Corporate
6 906
157 500
-
-
income
1 519
34 650
-
-
total
1 519
34 650
-
-
Dividends
5 387
122 850
-
-
income
1 185
27 027
-
-
total
1 185
27 027
-
-
Income
157 500
157 500
157 500
157 500
Total tax
109 718
61 677
13 287
48 655
After tax
47 782
95 823
144 213
108 845
Living cost
43 580
43 580
43 580
43 580
Free-cash
4 202
52 243
100 633
65 265

Estimated living cost  is ₽43580 per week

₽28276
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4099
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽555
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10649
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽57932
₽56916
₽53420
₽42054
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
157 500
income
-
-
-
17 695
surtax
-
-
-
-
social contributions

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

-
-
-
54 731
total
-
-
-
72 426
Employee
46 414
-
127 272
-
social contributions
5 106
-
13 999
-
surtax
-
-
-
-
income
9 654
-
39 565
-
total
14 760
-
53 564
-
Employer
46 414
-
127 272
-
social contributions
11 023
-
30 228
-
total
11 023
-
30 228
-
Corporate
100 063
157 500
-
-
surtax
-
-
-
-
income
21 012
33 075
-
-
total
21 012
33 075
-
-
Dividends
79 051
124 425
-
-
withholding
22 135
34 839
-
-
total
22 135
34 839
-
-
Income
157 500
157 500
157 500
157 500
Total tax
68 930
67 914
83 792
72 426
After tax
88 570
89 586
73 708
85 074
Living cost
31 654
31 654
31 654
31 654
Free-cash
56 916
57 932
42 054
53 420

Estimated living cost  is ₽31654 per week

₽23684
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1867
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽529
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5575
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽30639
₽37576
₽40344
₽40074
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
157 500
income
-
-
-
23 003
pensions
-
-
-
30 016
other
-
-
-
4 882
health
-
-
-
6 027
surtax
-
-
-
-
social contributions
-
-
-
4 487
total
-
-
-
68 415
Employee
63 206
-
123 172
-
social contributions
1 800
-
3 510
-
surtax
-
-
-
-
income
5 515
-
22 816
-
pensions
7 149
-
8 034
-
total
14 464
-
34 360
-
Employer
63 206
-
123 172
-
other
2 181
-
4 578
-
social contributions
190
-
370
-
unemployment
2 560
-
4 989
-
pensions
10 386
-
13 619
-
health
4 424
-
10 768
-
total
19 741
-
34 324
-
Corporate
74 553
157 500
-
-
surtax
-
-
-
-
income
20 874
44 101
-
-
total
20 874
44 101
-
-
Dividends
53 679
113 399
-
-
surtax
-
-
-
-
social contributions
9 233
19 505
-
-
withholding
6 871
14 514
-
-
total
16 104
34 019
-
-
Income
157 500
157 500
157 500
157 500
Total tax
71 183
78 120
68 684
68 415
After tax
86 317
79 380
88 816
89 085
Living cost
48 742
48 742
48 742
48 742
Free-cash
37 576
30 639
40 074
40 344

Estimated living cost  is ₽48742 per week

₽32987
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3987
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽668
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽11098
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽111415
₽108025
₽86358
₽90545
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
6 157
social contributions
-
-
-
34 650
total
-
-
-
40 807
Employee
32 444
-
136 365
-
income
-
-
6 622
-
social contributions
2 109
-
8 863
-
total
2 109
-
15 485
-
Employer
32 444
-
136 365
-
social contributions
5 029
-
21 135
-
total
5 029
-
21 135
-
Corporate
120 027
157 500
-
-
income
12 002
15 750
-
-
total
12 002
15 750
-
-
Dividends
108 025
141 750
-
-
total
-
-
-
-
Income
157 500
157 500
157 500
157 500
Total tax
19 140
15 750
36 620
40 807
After tax
138 360
141 750
120 880
116 693
Living cost
30 335
30 335
30 335
30 335
Free-cash
108 025
111 415
90 545
86 358

Estimated living cost  is ₽30335 per week

₽19614
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2287
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽571
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7863
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽62471
-₽62471
₽45442
-₽62471
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
32 204
pensions
-
-
-
875
national
-
-
-
17 826
labour market
-
-
-
12 530
total
-
-
-
63 435
Employee
205 225
205 225
205 225
-
labour market
16 395
16 395
16 395
-
national
25 072
25 072
25 072
-
municipal
43 701
43 701
43 701
-
pensions
292
292
292
-
total
85 460
85 460
85 460
-
Employer
205 225
205 225
205 225
-
labour market
16 418
16 418
16 418
-
municipal
43 771
43 771
43 771
-
pensions
583
583
583
-
national
25 116
25 116
25 116
-
total
85 888
85 888
85 888
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
157 500
157 500
157 500
157 500
Total tax
171 348
171 348
171 348
63 435
After tax
-13 848
-13 848
-13 848
94 065
Living cost
48 623
48 623
48 623
48 623
Free-cash
-62 471
-62 471
-62 471
45 442

Estimated living cost  is ₽48623 per week

₽33278
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4301
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽748
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10296
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽8986
₽9423
₽85993
₽63133
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
157 500
accident
-
-
-
253
income
-
-
-
42 777
pensions
-
-
-
4 174
other
-
-
-
372
health
-
-
-
2 188
total
-
-
-
49 764
Employee
34 203
-
140 653
-
health
3 917
-
16 105
-
income
4 692
-
32 019
-
pensions
3 852
-
7 653
-
total
12 461
-
55 777
-
Employer
34 203
-
140 653
-
accident
571
-
2 349
-
unemployment
838
-
3 446
-
pensions
5 561
-
11 052
-
total
6 970
-
16 847
-
Corporate
116 326
157 500
-
-
income

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

104 693
141 750
-
-
total
104 693
141 750
-
-
Dividends
11 633
15 750
-
-
withholding
2 210
2 993
-
-
total
2 210
2 993
-
-
Income
157 500
157 500
157 500
157 500
Total tax
126 334
144 743
72 624
49 764
After tax
31 166
12 757
84 876
107 736
Living cost
21 743
21 743
21 743
21 743
Free-cash
9 423
-8 986
63 133
85 993

Estimated living cost  is ₽21743 per week

₽15827
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1239
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽408
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4269
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽61207
₽63257
₽65785
₽45164
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
municipal
-
-
-
27 989
health
-
-
-
2 005
national
-
-
-
22 976
total
-
-
-
52 970
Employee
53 094
-
132 497
-
health
396
-
1 620
-
municipal
8 696
-
21 591
-
pensions
3 583
-
8 943
-
unemployment
797
-
1 988
-
national
877
-
14 445
-
total
14 349
-
48 587
-
Employer
53 094
-
132 497
-
accident
54
-
132
-
unemployment
345
-
862
-
pensions
9 212
-
22 989
-
health
408
-
1 021
-
total
10 019
-
25 004
-
Corporate
94 388
157 500
-
-
income
18 877
31 499
-
-
total
18 877
31 499
-
-
Dividends

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

56 633
94 500
-
-
national
2 059
9 039
-
-
municipal
10 194
17 010
-
-
total
12 253
26 049
-
-
Income
157 500
157 500
157 500
157 500
Total tax
55 498
57 548
73 591
52 970
After tax
102 002
99 952
83 909
104 530
Living cost
38 745
38 745
38 745
38 745
Free-cash
63 257
61 207
45 164
65 785

Estimated living cost  is ₽38745 per week

₽25308
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3727
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽617
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9095
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽91601
₽86107
₽85300
₽83860
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
157 500
income
-
-
-
28 491
health
-
-
-
4 016
social contributions
-
-
-
16 328
total
-
-
-
48 835
Employee
77 600
77 600
146 111
-
social contributions
2 934
6 440
8 687
-
health
601
1 319
2 484
-
income
8 449
7 183
27 715
-
total
11 984
14 942
38 886
-
Employer
77 600
77 600
146 111
-
social contributions
2 934
6 440
8 687
-
health
653
1 436
2 702
-
total
3 587
7 876
11 389
-
Corporate
118 563
72 023
-
-
income
14 821
9 003
-
-
total
14 821
9 003
-
-
Dividends
103 743
63 020
-
-
withholding
17 636
10 713
-
-
total
17 636
10 713
-
-
Income
157 500
157 500
157 500
157 500
Total tax
48 028
42 534
50 275
48 835
After tax
109 472
114 966
107 225
108 665
Living cost
23 365
23 365
23 365
23 365
Free-cash
86 107
91 601
83 860
85 300

Estimated living cost  is ₽23365 per week

₽14003
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2292
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽517
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6553
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽114402
₽109268
₽115520
₽95278
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

  • up to €9,000.00, 60% of the average monthly wage in Montenegro
  • up to €15,000.00, 100% of the average monthly wage in Montenegro
  • in excess of €15,000, 150% of the average monthly wage in Montenegro
-
-
-
157 500
income
-
-
-
15 857
pensions
-
-
-
6 419
unemployment
-
-
-
29
health
-
-
-
3 652
total
-
-
-
25 957
Employee

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

23 164
-
147 637
-
health
1 969
-
8 139
-
income
1 584
-
13 356
-
pensions
3 474
-
14 363
-
unemployment
115
-
479
-
total
7 142
-
36 337
-
Employer

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

23 164
-
147 637
-
unemployment
115
-
479
-
pensions
1 274
-
5 266
-
health
996
-
4 117
-
total
2 385
-
9 862
-
Corporate
131 952
157 500
-
-
income
11 875
14 175
-
-
total
11 875
14 175
-
-
Dividends
120 076
143 325
-
-
withholding
10 807
12 900
-
-
total
10 807
12 900
-
-
Income
157 500
157 500
157 500
157 500
Total tax
32 209
27 075
46 199
25 957
After tax
125 291
130 425
111 301
131 543
Living cost
16 023
16 023
16 023
16 023
Free-cash
109 268
114 402
95 278
115 520

Estimated living cost  is ₽16023 per week

₽10223
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1155
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽477
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4167
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽77478
₽72947
₽60864
₽56629
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
843
income
-
-
-
40 823
pensions
-
-
-
26 470
other
-
-
-
94
unemployment
-
-
-
655
total
-
-
-
68 885
Employee
37 315
-
127 680
-
other
36
-
94
-
income
7 194
-
37 359
-
pensions
1 754
-
4 397
-
unemployment
578
-
1 450
-
total
9 562
-
43 300
-
Employer
37 315
-
127 680
-
accident
739
-
1 852
-
other
299
-
749
-
unemployment
2 053
-
5 144
-
pensions
8 806
-
22 075
-
total
11 897
-
29 820
-
Corporate
108 289
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.

16 244
23 625
-
-
total
16 244
23 625
-
-
Dividends
92 045
133 875
-
-
withholding
19 099
28 646
-
-
total
19 099
28 646
-
-
Income
157 500
157 500
157 500
157 500
Total tax
56 802
52 271
73 120
68 885
After tax
100 698
105 229
84 380
88 615
Living cost
27 751
27 751
27 751
27 751
Free-cash
72 947
77 478
56 629
60 864

Estimated living cost  is ₽27751 per week

₽18731
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2668
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽486
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5866
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽95524
₽95070
₽98001
₽97803
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
157 500
income
-
-
-
53 276
pensions
-
-
-
2 010
health
-
-
-
1 457
total
-
-
-
56 743
Employee
4 198
-
155 238
-
health
210
-
503
-
income
812
-
53 170
-
pensions
378
-
905
-
unemployment
42
-
101
-
total
1 442
-
54 679
-
Employer
4 198
-
155 238
-
unemployment
84
-
201
-
pensions
462
-
1 106
-
health
399
-
955
-
total
945
-
2 262
-
Corporate
152 358
157 500
-
-
income
33 519
34 650
-
-
total
33 519
34 650
-
-
Dividends
118 839
122 850
-
-
withholding
23 768
24 570
-
-
total
23 768
24 570
-
-
Income
157 500
157 500
157 500
157 500
Total tax
59 674
59 220
56 941
56 743
After tax
97 826
98 280
100 559
100 757
Living cost
2 756
2 756
2 756
2 756
Free-cash
95 070
95 524
97 803
98 001

Estimated living cost  is ₽2756 per week

₽1638
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽223
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽63
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽832
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽96341
₽91376
₽76695
₽76696
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

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

-
-
-
157 500
income
-
-
-
35 159
pensions
-
-
-
19 392
unemployment
-
-
-
1 119
health
-
-
-
7 682
total
-
-
-
63 352
Employee

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

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

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

26 319
-
144 149
-
health
1 355
-
3 841
-
income
3 628
-
35 159
-
pensions
3 685
-
10 442
-
unemployment
197
-
559
-
total
8 865
-
50 001
-
Employer

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

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

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

26 319
-
144 149
-
unemployment
197
-
559
-
pensions
3 158
-
8 950
-
health
1 355
-
3 841
-
total
4 710
-
13 350
-
Corporate
126 470
157 500
-
-
income
18 971
23 625
-
-
total
18 971
23 625
-
-
Dividends
107 500
133 875
-
-
withholding
16 125
20 081
-
-
total
16 125
20 081
-
-
Income
157 500
157 500
157 500
157 500
Total tax
48 671
43 706
63 351
63 352
After tax
108 829
113 794
94 149
94 148
Living cost
17 453
17 453
17 453
17 453
Free-cash
91 376
96 341
76 696
76 695

Estimated living cost  is ₽17453 per week

₽11751
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1350
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽505
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3847
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽62380
₽62016
₽57868
₽46502
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
157 500
income
-
-
-
17 695
surtax
-
-
-
-
social contributions

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

-
-
-
54 731
total
-
-
-
72 426
Employee
39 168
-
127 272
-
social contributions
4 309
-
13 999
-
surtax
-
-
-
-
income
7 653
-
39 565
-
total
11 962
-
53 564
-
Employer
39 168
-
127 272
-
social contributions
9 302
-
30 228
-
total
9 302
-
30 228
-
Corporate
109 030
157 500
-
-
surtax
-
-
-
-
income
22 897
33 075
-
-
total
22 897
33 075
-
-
Dividends
86 134
124 425
-
-
withholding
24 117
34 839
-
-
total
24 117
34 839
-
-
Income
157 500
157 500
157 500
157 500
Total tax
68 278
67 914
83 792
72 426
After tax
89 222
89 586
73 708
85 074
Living cost
27 206
27 206
27 206
27 206
Free-cash
62 016
62 380
46 502
57 868

Estimated living cost  is ₽27206 per week

₽19270
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1890
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽483
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5565
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽69762
₽62827
₽53148
₽48913
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
843
income
-
-
-
40 823
pensions
-
-
-
26 470
other
-
-
-
94
unemployment
-
-
-
655
total
-
-
-
68 885
Employee
48 738
-
127 680
-
other
48
-
94
-
income
10 180
-
37 359
-
pensions
2 290
-
4 397
-
unemployment
755
-
1 450
-
total
13 273
-
43 300
-
Employer
48 738
-
127 680
-
accident
965
-
1 852
-
other
391
-
749
-
unemployment
2 681
-
5 144
-
pensions
11 502
-
22 075
-
total
15 539
-
29 820
-
Corporate
93 223
157 500
-
-
income

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

13 984
23 625
-
-
total
13 984
23 625
-
-
Dividends
79 239
133 875
-
-
withholding
16 410
28 646
-
-
total
16 410
28 646
-
-
Income
157 500
157 500
157 500
157 500
Total tax
59 206
52 271
73 120
68 885
After tax
98 294
105 229
84 380
88 615
Living cost
35 467
35 467
35 467
35 467
Free-cash
62 827
69 762
48 913
53 148

Estimated living cost  is ₽35467 per week

₽25471
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2758
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽500
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6739
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽117292
₽111138
₽107088
₽113044
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
157 500
income
-
-
-
23 625
pensions

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

-
-
-
5 220
unemployment
-
-
-
141
health
-
-
-
4 056
total
-
-
-
33 042
Employee
23 001
-
150 580
-
health
1 058
-
1 622
-
accident

We are using the highest rate at 1.1%.

253
-
388
-
income
2 300
-
15 058
-
pensions

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

2 019
-
3 097
-
total
5 630
-
20 165
-
Employer
23 001
-
150 580
-
accident

We are using the highest rate at 1.1%.

253
-
388
-
unemployment
138
-
212
-
pensions

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

2 535
-
3 887
-
health
1 587
-
2 434
-
total
4 513
-
6 921
-
Corporate
129 986
157 500
-
-
income
12 999
15 750
-
-
total
12 999
15 750
-
-
Dividends
116 987
141 750
-
-
withholding
5 849
7 088
-
-
total
5 849
7 088
-
-
Income
157 500
157 500
157 500
157 500
Total tax
28 991
22 838
27 086
33 042
After tax
128 509
134 662
130 414
124 458
Living cost
17 370
17 370
17 370
17 370
Free-cash
111 138
117 292
113 044
107 088

Estimated living cost  is ₽17370 per week

₽11489
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽994
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽414
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4474
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽42129
₽55333
₽46783
₽62651
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
trade
-
-
-
15 868
income

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

-
-
-
46 439
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.

-
-
-
6 894
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.

-
-
-
2 555
total
-
-
-
71 756
Employee

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

50 212
-
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.

6 894
-
6 894
-
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.

228
-
2 555
-
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.

4 129
-
46 439
-
total
11 251
-
55 888
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
107 288
157 500
-
-
surtax

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

885
1 298
-
-
income
16 092
23 625
-
-
trade
15 395
22 602
-
-
chamber of commerce
310
385
-
-
total
32 682
47 910
-
-
Dividends
74 605
109 590
-
-
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.

1 005
1 486
-
-
withholding
18 268
27 014
-
-
total
19 273
28 500
-
-
Income
157 500
157 500
157 500
157 500
Total tax
63 206
76 410
55 888
71 756
After tax
94 294
81 090
101 612
85 744
Living cost
38 961
38 961
38 961
38 961
Free-cash
55 333
42 129
62 651
46 783

Estimated living cost  is ₽38961 per week

₽26876
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4192
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽565
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7327
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽52764
₽54990
₽27885
₽27885
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
157 500
income
-
-
-
46 320
social contributions
-
-
-
25 808
total
-
-
-
72 128
Employee
78 939
-
157 500
-
income
14 896
-
46 320
-
social contributions
6 558
-
25 808
-
total
21 454
-
72 128
-
Employer
78 939
-
157 500
-
total
-
-
-
-
Corporate
78 561
157 500
-
-
income
9 821
19 687
-
-
total
9 821
19 687
-
-
Dividends
68 740
137 813
-
-
withholding
13 748
27 562
-
-
total
13 748
27 562
-
-
Income
157 500
157 500
157 500
157 500
Total tax
45 023
47 249
72 128
72 128
After tax
112 477
110 251
85 372
85 372
Living cost
57 487
57 487
57 487
57 487
Free-cash
54 990
52 764
27 885
27 885

Estimated living cost  is ₽57487 per week

₽43735
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4684
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽550
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8518
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽60409
₽63938
₽85400
₽76589
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

We use The Residence Programme or The Global Residence Programme.

-
-
-
157 500
income
-
-
-
28 726
health

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

-
-
-
6 741
total
-
-
-
35 467
Employee
46 295
-
152 858
-
income
5 023
-
34 994
-
social contributions
4 638
-
4 642
-
total
9 661
-
39 636
-
Employer
46 295
-
152 858
-
social contributions
4 638
-
4 642
-
total
4 638
-
4 642
-
Corporate
106 567
157 500
-
-
income
37 298
55 126
-
-
total
37 298
55 126
-
-
Dividends
69 269
102 374
-
-
social contributions
5 332
5 332
-
-
total
5 332
5 332
-
-
Income
157 500
157 500
157 500
157 500
Total tax
56 929
60 458
44 278
35 467
After tax
100 571
97 042
113 222
122 033
Living cost
36 633
36 633
36 633
36 633
Free-cash
63 938
60 409
76 589
85 400

Estimated living cost  is ₽36633 per week

₽24130
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2888
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.
₽9053
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽67735
₽73730
₽68395
₽54023
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
157 500
income
-
-
-
42 796
pensions
-
-
-
8 694
total
-
-
-
51 490
Employee
51 632
-
137 778
-
health
674
-
2 079
-
income
9 403
-
33 215
-
pensions
3 941
-
10 846
-
total
14 018
-
46 140
-
Employer
51 632
-
137 778
-
pensions
5 217
-
17 104
-
health
981
-
2 618
-
total
6 198
-
19 722
-
Corporate
99 670
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.

18 937
29 925
-
-
total
18 937
29 925
-
-
Dividends
80 733
127 575
-
-
withholding
7 002
22 225
-
-
total
7 002
22 225
-
-
Income
157 500
157 500
157 500
157 500
Total tax
46 155
52 150
65 862
51 490
After tax
111 345
105 350
91 638
106 010
Living cost
37 615
37 615
37 615
37 615
Free-cash
73 730
67 735
54 023
68 395

Estimated living cost  is ₽37615 per week

₽25804
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3459
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽471
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7879
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details

Additional information

The only visa which will gain you entry to the UK as a freelancer is Tier 1 (with an exception of EU nationals or long-term UK residence permit holders, up until Brexit). There are two Tier 1 visa pathways.

You can either apply for an Entrepreneur visa which requires an investment of at least £200000 and creating two full time jobs, or choose an Exceptional Talent visa, which has no financial requirements but is more difficult to obtain.

Source of data for Edinburgh model

Close
Warsaw , Poland
-₽11139
₽9090
₽83840
₽60980
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
157 500
accident
-
-
-
253
income
-
-
-
42 777
pensions
-
-
-
4 174
other
-
-
-
372
health
-
-
-
2 188
total
-
-
-
49 764
Employee
37 589
-
140 653
-
health
4 304
-
16 105
-
income
5 157
-
32 019
-
pensions
4 233
-
7 653
-
total
13 694
-
55 777
-
Employer
37 589
-
140 653
-
accident
628
-
2 349
-
unemployment
921
-
3 446
-
pensions
6 112
-
11 052
-
total
7 661
-
16 847
-
Corporate
112 251
157 500
-
-
income

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

101 026
141 750
-
-
total
101 026
141 750
-
-
Dividends
11 225
15 750
-
-
withholding
2 133
2 993
-
-
total
2 133
2 993
-
-
Income
157 500
157 500
157 500
157 500
Total tax
124 514
144 743
72 624
49 764
After tax
32 986
12 757
84 876
107 736
Living cost
23 896
23 896
23 896
23 896
Free-cash
9 090
-11 139
60 980
83 840

Estimated living cost  is ₽23896 per week

₽17537
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1392
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽481
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4485
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

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

Source of data for Warsaw model

Close
Skopje , Macedonia
₽118905
₽114183
₽74896
₽96018
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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
work injury
-
-
-
787
health insurance
-
-
-
11 655
income
-
-
-
25 661
pensions
-
-
-
28 980
unemployment
-
-
-
1 890
total
-
-
-
68 973
Employee

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

21 810
-
157 500
-
work injury
109
-
403
-
income
2 181
-
25 661
-
pensions
4 013
-
14 848
-
health insurance
1 614
-
5 971
-
unemployment
262
-
968
-
total
8 179
-
47 851
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
135 690
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%.

1 357
1 575
-
-
total
1 357
1 575
-
-
Dividends
134 333
155 925
-
-
withholding
20 150
23 389
-
-
total
20 150
23 389
-
-
Income
157 500
157 500
157 500
157 500
Total tax
29 686
24 964
47 851
68 973
After tax
127 814
132 536
109 649
88 527
Living cost
13 631
13 631
13 631
13 631
Free-cash
114 183
118 905
96 018
74 896

Estimated living cost  is ₽13631 per week

₽8445
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽991
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽425
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3771
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Skopje model

Close
Rome , Italy
₽42758
₽38167
₽34390
₽27454
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
1 053
regional
-
-
-
3 586
national
-
-
-
37 758
social contributions
-
-
-
40 510
total
-
-
-
82 907
Employee
85 039
-
157 500
-
social contributions
28 675
-
53 109
-
regional
1 284
-
3 172
-
municipal
507
-
940
-
national
14 371
-
32 622
-
total
44 837
-
89 843
-
Employer
85 039
-
157 500
-
total
-
-
-
-
Corporate
72 461
157 500
-
-
nationa
17 391
37 800
-
-
municipal
3 493
7 591
-
-
total
20 884
45 391
-
-
Dividends
51 577
112 109
-
-
withholding
13 409
29 148
-
-
total
13 409
29 148
-
-
Income
157 500
157 500
157 500
157 500
Total tax
79 130
74 539
89 843
82 907
After tax
78 370
82 961
67 657
74 593
Living cost
40 203
40 203
40 203
40 203
Free-cash
38 167
42 758
27 454
34 390

Estimated living cost  is ₽40203 per week

₽28240
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2765
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽607
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8589
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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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