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
₽51169
₽72295
₽54326
₽61495
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
157 500
income

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

-
-
-
47 912
surtax

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

-
-
-
2 635
health

Our model is based on the assumption that an owner of the company is either a director or registered self-employed, so all social security contributions are not mandatory.

However, you would need to purchase private health insurance. We took an average price of €3600 per annum per person.

-
-
-
6 378
trade
-
-
-
17 969
total
-
-
-
74 894
Employee

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

35 710
-
157 500
-
surtax

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

55
-
2 635
-
income

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

998
-
47 912
-
health

Our model is based on the assumption that an owner of the company is either a director or registered self-employed, so all social security contributions are not mandatory.

However, you would need to purchase private health insurance. We took an average price of €3600 per annum per person.

6 378
-
6 378
-
total
7 431
-
56 925
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
121 790
157 500
-
-
income
18 269
23 625
-
-
surtax

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

1 005
1 299
-
-
chamber of commerce
317
369
-
-
trade
19 181
24 807
-
-
total
38 772
50 100
-
-
Dividends
83 018
107 401
-
-
surtax

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

1 122
1 456
-
-
withholding
20 400
26 495
-
-
total
21 522
27 951
-
-
Income
157 500
157 500
157 500
157 500
Total tax
67 725
78 051
56 925
74 894
After tax
89 775
79 449
100 575
82 606
Living cost
28 280
28 280
28 280
28 280
Free-cash
61 495
51 169
72 295
54 326

Estimated living cost  is ₽28280 per week

₽17789
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3297
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽528
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6665
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

Nationals of Europe, Australia, Canada, Israel, Japan, the Republic of Korea, New Zealand and the USA do not require an entry type D visa (not to confuse with a Schengen visa or a visa-free entry). For other nationals, waiting time is around 6-9 months which includes document preparation and processing.

Source of data for Dresden model

Close
Reykjavik , Iceland
₽48474
₽44626
₽43391
₽47646
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
157 500
social contributions
-
-
-
1 693
municipal
-
-
-
17 144
national
-
-
-
26 566
pensions
-
-
-
18 900
total
-
-
-
64 303
Employee
77 208
-
136 157
-
municipal
9 536
-
17 754
-
pensions
3 088
-
5 446
-
national
14 778
-
27 511
-
total
27 402
-
50 711
-
Employer
77 208
-
136 157
-
pensions
6 177
-
10 893
-
social contributions
830
-
1 464
-
total
7 007
-
12 357
-
Corporate
68 189
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%.

13 638
31 500
-
-
total
13 638
31 500
-
-
Dividends
54 551
126 000
-
-
withholding
12 001
27 720
-
-
total
12 001
27 720
-
-
Income
157 500
157 500
157 500
157 500
Total tax
60 048
59 220
63 068
64 303
After tax
97 452
98 280
94 432
93 197
Living cost
49 806
49 806
49 806
49 806
Free-cash
47 646
48 474
44 626
43 391

Estimated living cost  is ₽49806 per week

₽33853
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4630
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽745
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10578
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

It is very difficult to get a residence permit on a basis of self-employment for a Third Country National (non-EU/EFTA/Swiss and without a long-term EU resident permit). EU/EFTA nationals and long-term EU resident permit holders can register self-employed and apply for a permanent residence.

Source of data for Reykjavik model

Close
Riga , Latvia
₽106576
₽45804
₽34328
₽98918
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

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

-
-
-
157 500
income
-
-
-
27 813
surtax
-
-
-
40 163
social contributions

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

-
-
-
35 772
microenterprise
-
-
-
-
total
-
-
-
103 748
Employee
27 282
-
117 743
-
surtax
-
-
17 073
-
social contributions

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

3 001
-
12 239
-
income
4 856
-
23 203
-
total
7 857
-
52 515
-
Employer
27 282
-
117 743
-
social contributions

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

6 572
-
26 805
-
surtax
-
-
12 952
-
total
6 572
-
39 757
-
Corporate
123 647
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%.

24 729
31 500
-
-
total
24 729
31 500
-
-
Dividends

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

98 918
126 000
-
-
total
-
-
-
-
Income
157 500
157 500
157 500
157 500
Total tax
39 158
31 500
92 272
103 748
After tax
118 342
126 000
65 228
53 752
Living cost
19 424
19 424
19 424
19 424
Free-cash
98 918
106 576
45 804
34 328

Estimated living cost  is ₽19424 per week

₽12392
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1850
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽441
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4741
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Riga model

Close
Rotterdam , Netherlands
₽38761
₽58533
₽48325
₽33042
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
157 500
income
-
-
-
47 611
health
-
-
-
11 513
pensions
-
-
-
10 939
total
-
-
-
70 063
Employee
79 730
79 730
140 149
-
pensions
14 351
10 939
10 939
-
income

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

13 051
13 051
20 051
-
health
12 238
10 409
11 513
-
total
39 640
34 399
42 503
-
Employer
79 730
79 730
140 149
-
health
5 542
5 542
6 887
-
pensions
5 549
5 549
6 898
-
unemployment
2 870
2 870
3 567
-
total
13 961
13 961
17 352
-
Corporate
64 786
63 808
-
-
income
12 957
12 762
-
-
total
12 957
12 762
-
-
Dividends
51 829
51 046
-
-
income
11 013
10 847
-
-
withholding
7 775
7 658
-
-
total
18 788
18 505
-
-
Income
157 500
157 500
157 500
157 500
Total tax
85 346
79 627
59 855
70 063
After tax
72 154
77 873
97 645
87 437
Living cost
39 112
39 112
39 112
39 112
Free-cash
33 042
38 761
58 533
48 325

Estimated living cost  is ₽39112 per week

₽27718
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3526
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽622
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7247
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Rotterdam model

Close
Stockholm , Sweden
₽48297
₽42814
₽43728
₽47451
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
165
other
-
-
-
9 601
unemployment
-
-
-
83
health
-
-
-
5 155
municipal
-
-
-
39 829
national
-
-
-
12 310
pensions
-
-
-
8 931
total
-
-
-
76 074
Employee
53 717
-
131 540
-
municipal
16 018
-
39 225
-
national
-
-
11 804
-
total
16 018
-
51 029
-
Employer
53 717
-
131 540
-
health
3 304
-
5 081
-
pensions
5 807
-
8 931
-
accident
107
-
165
-
unemployment
1 418
-
2 181
-
other
6 242
-
9 601
-
total
16 878
-
25 959
-
Corporate
86 906
157 500
-
-
income
19 119
34 650
-
-
total
19 119
34 650
-
-
Dividends
67 786
122 850
-
-
withholding
20 336
36 855
-
-
total
20 336
36 855
-
-
Income
157 500
157 500
157 500
157 500
Total tax
72 351
71 505
76 988
76 074
After tax
85 149
85 995
80 512
81 426
Living cost
37 698
37 698
37 698
37 698
Free-cash
47 451
48 297
42 814
43 728

Estimated living cost  is ₽37698 per week

₽24985
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3699
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽572
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8442
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Stockholm model

Close
Hamburg , Germany
₽41961
₽63897
₽45129
₽55078
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
157 500
income

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

-
-
-
47 912
surtax

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

-
-
-
2 635
health

Our model is based on the assumption that an owner of the company is either a director or registered self-employed, so all social security contributions are not mandatory.

However, you would need to purchase private health insurance. We took an average price of €3600 per annum per person.

-
-
-
6 378
trade
-
-
-
18 768
total
-
-
-
75 693
Employee

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

47 347
-
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.

223
-
2 635
-
income

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

4 068
-
47 912
-
health

Our model is based on the assumption that an owner of the company is either a director or registered self-employed, so all social security contributions are not mandatory.

However, you would need to purchase private health insurance. We took an average price of €3600 per annum per person.

6 378
-
6 378
-
total
10 669
-
56 925
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
110 153
157 500
-
-
income
16 524
23 625
-
-
surtax

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

909
1 299
-
-
chamber of commerce
298
365
-
-
trade
18 120
25 909
-
-
total
35 851
51 198
-
-
Dividends
74 302
106 303
-
-
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.

1 003
1 442
-
-
withholding
18 221
26 221
-
-
total
19 224
27 663
-
-
Income
157 500
157 500
157 500
157 500
Total tax
65 744
78 861
56 925
75 693
After tax
91 756
78 639
100 575
81 807
Living cost
36 678
36 678
36 678
36 678
Free-cash
55 078
41 961
63 897
45 129

Estimated living cost  is ₽36678 per week

₽24530
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3868
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽547
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7732
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

Nationals of Europe, Australia, Canada, Israel, Japan, the Republic of Korea, New Zealand and the USA do not require an entry type D visa (not to confuse with a Schengen visa or a visa-free entry). For other nationals, waiting time is around 6-9 months which includes document preparation and processing.

Source of data for Hamburg model

Close
Limassol , Cyprus
₽84637
₽76312
₽77717
₽80764
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
30 377
social contributions
-
-
-
15 106
health
-
-
-
4 017
total
-
-
-
49 500
Employee
71 793
71 793
146 749
-
social contributions
3 489
5 958
8 037
-
income
7 539
6 646
29 622
-
health
714
1 221
2 495
-
total
11 742
13 825
40 154
-
Employer
71 793
71 793
146 749
-
health
778
1 329
2 714
-
social contributions
3 489
5 958
8 037
-
total
4 267
7 287
10 751
-
Corporate
111 209
78 419
-
-
income
13 901
9 803
-
-
total
13 901
9 803
-
-
Dividends
97 308
68 616
-
-
withholding
16 543
11 665
-
-
total
16 543
11 665
-
-
Income
157 500
157 500
157 500
157 500
Total tax
46 453
42 580
50 905
49 500
After tax
111 047
114 920
106 595
108 000
Living cost
30 283
30 283
30 283
30 283
Free-cash
80 764
84 637
76 312
77 717

Estimated living cost  is ₽30283 per week

₽20701
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2365
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽509
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6708
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Limassol model

Close
Budapest , Hungary
₽71763
₽74581
₽92386
₽72110
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
157 500
income
-
-
-
19 254
unemployment
-
-
-
2 362
health
-
-
-
11 025
pensions
-
-
-
15 750
total
-
-
-
48 391
Employee

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

The minimum wage is 138,000 HUF per month.

24 139
9 607
131 799
-
unemployment
362
144
1 977
-
pensions
2 414
961
13 180
-
income
2 951
1 174
16 112
-
health
1 690
672
9 226
-
total
7 417
2 951
40 495
-
Employer

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

The minimum wage is 138,000 HUF per month.

24 139
9 607
131 799
-
pensions
4 707
1 873
25 701
-
total
4 707
1 873
25 701
-
Corporate
128 653
146 019
-
-
income
11 579
13 142
-
-
total
11 579
13 142
-
-
Dividends
117 075
132 878
-
-
social contributions
22 720
25 801
-
-
withholding
22 244
25 247
-
-
total
44 964
51 048
-
-
Income
157 500
157 500
157 500
157 500
Total tax
68 667
69 014
66 196
48 391
After tax
88 833
88 486
91 304
109 109
Living cost
16 723
16 723
16 723
16 723
Free-cash
72 110
71 763
74 581
92 386

Estimated living cost  is ₽16723 per week

₽11412
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1368
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽334
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3609
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Budapest model

Close
Tallinn , Estonia
₽103449
₽68230
₽61869
₽97648
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
157 500
income
-
-
-
21 105
health
-
-
-
20 475
pensions
-
-
-
31 500
total
-
-
-
73 080
Employee
26 486
-
117 711
-
unemployment
423
-
1 883
-
pensions
530
-
2 355
-
income
2 982
-
22 695
-
total
3 935
-
26 933
-
Employer
26 486
-
117 711
-
health
3 443
-
15 303
-
pensions
5 298
-
23 542
-
unemployment
213
-
941
-
total
8 954
-
39 786
-
Corporate
122 061
157 500
-
-
income
24 412
31 500
-
-
total
24 412
31 500
-
-
Dividends
97 649
126 000
-
-
total
-
-
-
-
Income
157 500
157 500
157 500
157 500
Total tax
37 301
31 500
66 719
73 080
After tax
120 199
126 000
90 781
84 420
Living cost
22 551
22 551
22 551
22 551
Free-cash
97 648
103 449
68 230
61 869

Estimated living cost  is ₽22551 per week

₽15468
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1343
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽454
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5287
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Tallinn model

Close
Gdansk , Poland
-₽8083
₽64382
₽86862
₽9562
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
157 500
accident
-
-
-
239
income
-
-
-
43 201
other
-
-
-
351
health
-
-
-
2 066
pensions
-
-
-
3 941
total
-
-
-
49 798
Employee
32 783
-
141 244
-
pensions
3 691
-
7 227
-
income
4 498
-
32 623
-
health
3 754
-
16 172
-
total
11 943
-
56 022
-
Employer
32 783
-
141 244
-
pensions
5 331
-
10 436
-
accident
547
-
2 359
-
unemployment
803
-
3 461
-
total
6 681
-
16 256
-
Corporate
118 036
157 500
-
-
income

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

106 232
141 750
-
-
total
106 232
141 750
-
-
Dividends
11 804
15 750
-
-
withholding
2 242
2 993
-
-
total
2 242
2 993
-
-
Income
157 500
157 500
157 500
157 500
Total tax
127 098
144 743
72 278
49 798
After tax
30 402
12 757
85 222
107 702
Living cost
20 840
20 840
20 840
20 840
Free-cash
9 562
-8 083
64 382
86 862

Estimated living cost  is ₽20840 per week

₽15274
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1155
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽435
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3977
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

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

Source of data for Gdansk model

Close
Batumi , Georgia
₽142102
₽118477
₽148402
₽140691
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
157 500
microenterprise

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

-
-
-
1 575
total
-
-
-
1 575
Employee
9 404
-
157 500
-
income
1 881
-
31 500
-
total
1 881
-
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%.

148 096
157 500
-
-
total
-
-
-
-
Dividends
148 096
157 500
-
-
withholding
7 405
7 875
-
-
total
7 405
7 875
-
-
Income
157 500
157 500
157 500
157 500
Total tax
9 286
7 875
31 500
1 575
After tax
148 214
149 625
126 000
155 925
Living cost
7 523
7 523
7 523
7 523
Free-cash
140 691
142 102
118 477
148 402

Estimated living cost  is ₽7523 per week

₽4662
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽625
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽207
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2029
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

Social security system in Georgia is financed from the government taxes which are part of our internal model. Separate pension and medical insurance contributions are not compulsory. It is advisable to purchase health insurance privately as in an event of medical emergency the treatment is likely to get costly.

Source of data for Batumi model

Close
Bratislava , Slovakia
₽90836
₽64552
₽61898
₽84533
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
23 659
other
-
-
-
6 743
health
-
-
-
6 247
pensions

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

-
-
-
34 075
total
-
-
-
70 724
Employee
33 900
-
125 798
-
unemployment
338
-
1 258
-
pensions

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

2 372
-
8 806
-
income
5 836
-
24 543
-
health
475
-
1 761
-
total
9 021
-
36 368
-
Employer
33 900
-
125 798
-
health
475
-
1 761
-
pensions

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

5 764
-
21 385
-
accident
271
-
1 006
-
unemployment
338
-
1 258
-
other
1 696
-
6 292
-
total
8 544
-
31 702
-
Corporate
115 057
157 500
-
-
income
24 162
33 076
-
-
total
24 162
33 076
-
-
Dividends
90 895
124 424
-
-
withholding
6 362
8 710
-
-
total
6 362
8 710
-
-
Income
157 500
157 500
157 500
157 500
Total tax
48 089
41 786
68 070
70 724
After tax
109 411
115 714
89 430
86 776
Living cost
24 878
24 878
24 878
24 878
Free-cash
84 533
90 836
64 552
61 898

Estimated living cost  is ₽24878 per week

₽17578
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1680
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽400
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5220
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Bratislava model

Close
London , United Kingdom
₽41209
₽28005
₽42302
₽42410
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
44 197
pensions
-
-
-
8 284
total
-
-
-
52 481
Employee
88 735
-
137 657
-
pensions
8 561
-
10 244
-
income
15 995
-
34 665
-
health
1 462
-
2 026
-
total
26 018
-
46 935
-
Employer
88 735
-
137 657
-
health
1 685
-
2 615
-
pensions
10 477
-
17 228
-
total
12 162
-
19 843
-
Corporate
56 603
157 500
-
-
income

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

10 754
29 926
-
-
total
10 754
29 926
-
-
Dividends
45 849
127 574
-
-
withholding
3 439
23 648
-
-
total
3 439
23 648
-
-
Income
157 500
157 500
157 500
157 500
Total tax
52 373
53 574
66 778
52 481
After tax
105 127
103 926
90 722
105 019
Living cost
62 717
62 717
62 717
62 717
Free-cash
42 410
41 209
28 005
42 302

Estimated living cost  is ₽62717 per week

₽46995
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽7369
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽510
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7844
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details

Additional information

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

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

Source of data for London model

Close
Varna , Bulgaria
₽122418
₽119021
₽112922
₽118079
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
157 500
income
-
-
-
23 625
unemployment
-
-
-
130
health
-
-
-
3 751
pensions

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

-
-
-
4 828
total
-
-
-
32 334
Employee
16 213
-
151 100
-
accident

We are using the highest rate at 1.1%.

179
-
359
-
pensions

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

1 423
-
2 864
-
income
1 621
-
15 110
-
health
746
-
1 501
-
total
3 969
-
19 834
-
Employer
16 213
-
151 100
-
health
1 119
-
2 251
-
pensions

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

1 787
-
3 595
-
accident

We are using the highest rate at 1.1%.

179
-
359
-
unemployment
97
-
196
-
total
3 182
-
6 401
-
Corporate
138 106
157 500
-
-
income
13 811
15 750
-
-
total
13 811
15 750
-
-
Dividends
124 295
141 750
-
-
withholding
6 215
7 088
-
-
total
6 215
7 088
-
-
Income
157 500
157 500
157 500
157 500
Total tax
27 177
22 838
26 235
32 334
After tax
130 323
134 662
131 265
125 166
Living cost
12 244
12 244
12 244
12 244
Free-cash
118 079
122 418
119 021
112 922

Estimated living cost  is ₽12244 per week

₽7148
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽874
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽324
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3897
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Varna model

Close
Amsterdam , Netherlands
₽26101
₽45873
₽35665
₽28449
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
157 500
income
-
-
-
47 611
health
-
-
-
11 513
pensions
-
-
-
10 939
total
-
-
-
70 063
Employee
86 561
79 730
140 149
-
pensions
10 939
10 939
10 939
-
income

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

13 051
13 051
20 051
-
health
10 799
10 409
11 513
-
total
34 789
34 399
42 503
-
Employer
86 561
79 730
140 149
-
health
6 015
5 542
6 887
-
pensions
6 024
5 549
6 898
-
unemployment
3 117
2 870
3 567
-
total
15 156
13 961
17 352
-
Corporate
55 783
63 808
-
-
income
11 157
12 762
-
-
total
11 157
12 762
-
-
Dividends
44 626
51 046
-
-
income
9 483
10 847
-
-
withholding
6 694
7 658
-
-
total
16 177
18 505
-
-
Income
157 500
157 500
157 500
157 500
Total tax
77 279
79 627
59 855
70 063
After tax
80 221
77 873
97 645
87 437
Living cost
51 772
51 772
51 772
51 772
Free-cash
28 449
26 101
45 873
35 665

Estimated living cost  is ₽51772 per week

₽38191
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4624
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽594
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8365
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Amsterdam model

Close
Brno , Czech Republic
₽85624
₽58253
₽65081
₽77484
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
15 511
social contributions
-
-
-
32 830
solidarity contribution
-
-
-
-
health
-
-
-
21 263
total
-
-
-
69 604
Employee
33 551
-
118 708
-
solidarity contribution
-
-
-
-
social contributions
2 181
-
7 308
-
income
4 026
-
14 306
-
health
4 529
-
16 026
-
total
10 736
-
37 640
-
Employer
33 551
-
118 708
-
health
3 020
-
10 684
-
social contributions
8 388
-
28 108
-
total
11 408
-
38 792
-
Corporate
112 541
157 500
-
-
income
21 383
29 925
-
-
total
21 383
29 925
-
-
Dividends
91 158
127 575
-
-
withholding
13 674
19 136
-
-
total
13 674
19 136
-
-
Income
157 500
157 500
157 500
157 500
Total tax
57 201
49 061
76 432
69 604
After tax
100 299
108 439
81 068
87 896
Living cost
22 815
22 815
22 815
22 815
Free-cash
77 484
85 624
58 253
65 081

Estimated living cost  is ₽22815 per week

₽15848
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1623
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽449
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4896
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Brno model

Close
Milan , Italy
₽44636
₽29168
₽36284
₽39761
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
157 500
social contributions
-
-
-
40 508
regional
-
-
-
1 852
municipal
-
-
-
935
national
-
-
-
38 524
total
-
-
-
81 819
Employee
82 977
-
157 500
-
municipal
439
-
835
-
national
14 378
-
33 357
-
regional
783
-
1 634
-
social contributions
27 980
-
53 109
-
total
43 580
-
88 935
-
Employer
82 977
-
157 500
-
total
-
-
-
-
Corporate
74 523
157 500
-
-
municipal
2 906
6 143
-
-
nationa
17 886
37 799
-
-
total
20 792
43 942
-
-
Dividends
53 731
113 558
-
-
withholding
13 970
29 525
-
-
total
13 970
29 525
-
-
Income
157 500
157 500
157 500
157 500
Total tax
78 342
73 467
88 935
81 819
After tax
79 158
84 033
68 565
75 681
Living cost
39 397
39 397
39 397
39 397
Free-cash
39 761
44 636
29 168
36 284

Estimated living cost  is ₽39397 per week

₽27463
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2583
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽604
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8746
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Milan model

Close
Thessaloniki , Greece
₽78466
₽48252
₽54020
₽75559
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
42 473
other
-
-
-
-
surtax
-
-
-
6 423
unemployment
-
-
-
213
health
-
-
-
8 846
pensions
-
-
-
24 922
total
-
-
-
82 877
Employee
30 875
-
131 271
-
other
-
-
-
-
unemployment
2 149
-
8 673
-
pensions
2 059
-
8 311
-
surtax
101
-
5 367
-
income
5 175
-
36 888
-
health
788
-
3 177
-
total
10 272
-
62 416
-
Employer
30 875
-
131 271
-
health
1 405
-
5 670
-
pensions
4 116
-
16 610
-
unemployment
978
-
3 949
-
other
-
-
-
-
total
6 499
-
26 229
-
Corporate
120 126
157 500
-
-
income
31 233
40 949
-
-
total
31 233
40 949
-
-
Dividends
88 893
116 551
-
-
withholding
13 334
17 482
-
-
total
13 334
17 482
-
-
Income
157 500
157 500
157 500
157 500
Total tax
61 338
58 431
88 645
82 877
After tax
96 162
99 069
68 855
74 623
Living cost
20 603
20 603
20 603
20 603
Free-cash
75 559
78 466
48 252
54 020

Estimated living cost  is ₽20603 per week

₽12597
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1901
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽475
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5629
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details

Source of data for Thessaloniki model

Close
Cambridge , United Kingdom
₽61079
₽47875
₽62172
₽67274
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
44 197
pensions
-
-
-
8 284
total
-
-
-
52 481
Employee
59 468
-
137 657
-
pensions
5 047
-
10 244
-
income
10 710
-
34 665
-
health
863
-
2 026
-
total
16 620
-
46 935
-
Employer
59 468
-
137 657
-
health
1 130
-
2 615
-
pensions
6 437
-
17 228
-
total
7 567
-
19 843
-
Corporate
90 465
157 500
-
-
income

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

17 189
29 926
-
-
total
17 189
29 926
-
-
Dividends
73 276
127 574
-
-
withholding
6 003
23 648
-
-
total
6 003
23 648
-
-
Income
157 500
157 500
157 500
157 500
Total tax
47 379
53 574
66 778
52 481
After tax
110 121
103 926
90 722
105 019
Living cost
42 847
42 847
42 847
42 847
Free-cash
67 274
61 079
47 875
62 172

Estimated living cost  is ₽42847 per week

₽32100
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3211
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽448
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7086
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details

Additional information

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

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

Source of data for Cambridge model

Close
Zurich , Switzerland
-₽1807
₽46809
₽54389
₽29781
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
157 500
other

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

-
-
-
3 150
regional
-
-
-
7 427
health
-
-
-
355
city
-
-
-
1 659
national
-
-
-
2 200
pensions
-
-
-
14 491
total
-
-
-
29 282
Employee
86 398
-
140 973
-
unemployment
-
-
-
-
pensions
7 259
-
11 840
-
national
409
-
1 775
-
regional
2 829
-
6 438
-
city
927
-
1 515
-
health
195
-
317
-
total
11 619
-
21 885
-
Employer
86 398
-
140 973
-
health
195
-
317
-
pensions
7 259
-
11 840
-
unemployment
-
-
-
-
other

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

1 727
-
2 820
-
total
9 181
-
14 977
-
Corporate
60 970
157 500
-
-
regional
12 896
33 310
-
-
national
5 182
13 387
-
-
total
18 078
46 697
-
-
Dividends
42 892
110 802
-
-
withholding
15 012
38 781
-
-
total
15 012
38 781
-
-
Income
157 500
157 500
157 500
157 500
Total tax
53 890
85 478
36 862
29 282
After tax
103 610
72 022
120 638
128 218
Living cost
73 829
73 829
73 829
73 829
Free-cash
29 781
-1 807
46 809
54 389

Estimated living cost  is ₽73829 per week

₽48010
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽6625
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽906
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽18287
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details

Additional information

It is extremely rare that a Third Country National (non-EU/EFTA/Swiss and without a long-term EU resident permit) is given a residence permit based on self-employment.

Source of data for Zurich model

Close
Munich , Germany
₽35059
₽57804
₽38236
₽50198
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
157 500
income

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

-
-
-
47 912
surtax

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

-
-
-
2 635
health

Our model is based on the assumption that an owner of the company is either a director or registered self-employed, so all social security contributions are not mandatory.

However, you would need to purchase private health insurance. We took an average price of €3600 per annum per person.

-
-
-
6 378
trade
-
-
-
19 568
total
-
-
-
76 493
Employee

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

56 111
-
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.

363
-
2 635
-
income

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

6 598
-
47 912
-
health

Our model is based on the assumption that an owner of the company is either a director or registered self-employed, so all social security contributions are not mandatory.

However, you would need to purchase private health insurance. We took an average price of €3600 per annum per person.

6 378
-
6 378
-
total
13 339
-
56 925
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
101 389
157 500
-
-
income
15 209
23 625
-
-
surtax

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

836
1 299
-
-
chamber of commerce
285
363
-
-
trade
17 388
27 011
-
-
total
33 718
52 298
-
-
Dividends
67 670
105 202
-
-
surtax

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

911
1 426
-
-
withholding
16 563
25 946
-
-
total
17 474
27 372
-
-
Income
157 500
157 500
157 500
157 500
Total tax
64 531
79 670
56 925
76 493
After tax
92 969
77 830
100 575
81 007
Living cost
42 771
42 771
42 771
42 771
Free-cash
50 198
35 059
57 804
38 236

Estimated living cost  is ₽42771 per week

₽31238
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3421
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽556
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7557
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

Nationals of Europe, Australia, Canada, Israel, Japan, the Republic of Korea, New Zealand and the USA do not require an entry type D visa (not to confuse with a Schengen visa or a visa-free entry). For other nationals, waiting time is around 6-9 months which includes document preparation and processing.

Source of data for Munich model

Close
Nice , France
₽47439
₽55376
₽56923
₽52954
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
157 500
income
-
-
-
24 071
other
-
-
-
4 883
surtax
-
-
-
-
social contributions
-
-
-
4 488
health
-
-
-
6 444
pensions
-
-
-
28 748
total
-
-
-
68 634
Employee
39 959
-
122 431
-
pensions
4 518
-
8 290
-
surtax
-
-
-
-
social contributions
1 139
-
3 487
-
income
2 358
-
23 334
-
total
8 015
-
35 111
-
Employer
39 959
-
122 431
-
health
2 798
-
11 064
-
pensions
6 564
-
13 998
-
unemployment
1 618
-
4 959
-
social contributions
120
-
367
-
other
1 378
-
4 682
-
total
12 478
-
35 070
-
Corporate
105 062
157 500
-
-
income
29 417
44 100
-
-
surtax
-
-
-
-
total
29 417
44 100
-
-
Dividends
75 646
113 400
-
-
surtax
-
-
-
-
social contributions
13 010
19 504
-
-
withholding
9 683
14 514
-
-
total
22 693
34 018
-
-
Income
157 500
157 500
157 500
157 500
Total tax
72 603
78 118
70 181
68 634
After tax
84 897
79 382
87 319
88 866
Living cost
31 943
31 943
31 943
31 943
Free-cash
52 954
47 439
55 376
56 923

Estimated living cost  is ₽31943 per week

₽20142
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2597
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽544
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8662
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Nice model

Close
Marseille , France
₽50604
₽58541
₽60088
₽55790
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
157 500
income
-
-
-
24 071
other
-
-
-
4 883
surtax
-
-
-
-
social contributions
-
-
-
4 488
health
-
-
-
6 444
pensions
-
-
-
28 748
total
-
-
-
68 634
Employee
35 669
-
122 431
-
pensions
4 034
-
8 290
-
surtax
-
-
-
-
social contributions
1 017
-
3 487
-
income
1 839
-
23 334
-
total
6 890
-
35 111
-
Employer
35 669
-
122 431
-
health
2 496
-
11 064
-
pensions
5 861
-
13 998
-
unemployment
1 444
-
4 959
-
social contributions
106
-
367
-
other
1 231
-
4 682
-
total
11 138
-
35 070
-
Corporate
110 692
157 500
-
-
income
30 994
44 100
-
-
surtax
-
-
-
-
total
30 994
44 100
-
-
Dividends
79 698
113 400
-
-
surtax
-
-
-
-
social contributions
13 708
19 504
-
-
withholding
10 202
14 514
-
-
total
23 910
34 018
-
-
Income
157 500
157 500
157 500
157 500
Total tax
72 932
78 118
70 181
68 634
After tax
84 568
79 382
87 319
88 866
Living cost
28 778
28 778
28 778
28 778
Free-cash
55 790
50 604
58 541
60 088

Estimated living cost  is ₽28778 per week

₽16690
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2923
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽546
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8620
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Marseille model

Close
Vilnius , Lithuania
₽76290
₽78305
₽81349
₽76776
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
157 500
income
-
-
-
23 625
social contributions
-
-
-
21 734
health
-
-
-
10 994
total
-
-
-
56 353
Employee
31 656
-
157 500
-
social contributions
4 369
-
21 734
-
income
5 280
-
26 669
-
health
2 209
-
10 994
-
total
11 858
-
59 397
-
Employer
31 656
-
157 500
-
total
-
-
-
-
Corporate
125 844
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%.

6 292
7 876
-
-
total
6 292
7 876
-
-
Dividends
119 552
149 624
-
-
social contributions
16 499
20 648
-
-
withholding
17 932
22 443
-
-
health
8 345
10 445
-
-
total
42 776
53 536
-
-
Income
157 500
157 500
157 500
157 500
Total tax
60 926
61 412
59 397
56 353
After tax
96 574
96 088
98 103
101 147
Living cost
19 798
19 798
19 798
19 798
Free-cash
76 776
76 290
78 305
81 349

Estimated living cost  is ₽19798 per week

₽13249
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1221
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽455
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4871
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Vilnius model

Close
Vienna , Austria
₽54316
₽8871
₽47918
₽52870
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
157 500
income
-
-
-
41 621
surtax
-
-
-
184
unemployment
-
-
-
5 726
chamber of commerce
-
-
-
631
health
-
-
-
8 343
pensions
-
-
-
20 179
total
-
-
-
76 684
Employee
46 660
37 207
124 777
-
other
466
372
1 091
-
unemployment
1 400
1 116
3 272
-
pensions
4 778
3 809
11 169
-
income
5 312
2 744
32 948
-
health
1 805
1 440
4 220
-
total
13 761
9 481
52 700
-
Employer
46 660
37 207
124 777
-
chamber of commerce
186
149
500
-
health
1 763
1 407
4 123
-
pensions
5 856
4 670
13 689
-
accident
606
484
1 417
-
unemployment
1 400
1 116
3 272
-
surtax
184
184
184
-
payroll
1 400
1 116
3 744
-
other
2 216
1 766
5 794
-
total
13 611
10 892
32 723
-
Corporate
97 229
109 400
121 233
-
income

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

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

24 307
27 349
30 308
-
total
24 307
27 349
30 308
-
Dividends
72 922
82 051
-
-
withholding
20 053
22 564
-
-
total
20 053
22 564
-
-
Income
157 500
157 500
157 500
157 500
Total tax
71 732
70 286
115 731
76 684
After tax
85 768
87 214
41 769
80 816
Living cost
32 898
32 898
32 898
32 898
Free-cash
52 870
54 316
8 871
47 918

Estimated living cost  is ₽32898 per week

₽21942
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2806
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽540
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7610
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

As a Third Country National (non-EU/EFTA/Swiss and without a long-term EU resident permit), you can apply for permanent residence when your business creates macroeconomic benefit. This could be an investment starting from €100,000, creating new jobs or securing existing ones, or making a substantial contribution to the region's economy. You can also be considered with a transfer of know-how to Austria or an evident commitment to develop an innovative product or technology.

Source of data for Vienna model

Close
Brussels , Belgium
₽54056
₽21797
₽34196
₽40054
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
157 500
communal

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

-
-
-
8 053
social contributions
-
-
-
23 277
national
-
-
-
57 932
total
-
-
-
89 262
Employee

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

66 785
-
121 988
-
unemployment

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

581
-
1 061
-
communal

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

3 483
-
6 362
-
pensions

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

5 009
-
9 149
-
national
20 532
-
43 843
-
health

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

3 138
-
5 733
-
total
32 743
-
66 148
-
Employer

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

66 785
-
121 988
-
health

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

4 107
-
7 502
-
pensions

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

5 918
-
10 808
-
accident

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

868
-
1 588
-
unemployment

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

974
-
1 781
-
surtax
7 573
-
13 834
-
total
19 440
-
35 513
-
Corporate
71 275
157 500
-
-
income
14 256
31 500
-
-
surtax
285
631
-
-
total
14 541
32 131
-
-
Dividends
56 734
125 369
-
-
withholding

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

16 680
37 271
-
-
total
16 680
37 271
-
-
Income
157 500
157 500
157 500
157 500
Total tax
83 404
69 402
101 661
89 262
After tax
74 096
88 098
55 839
68 238
Living cost
34 042
34 042
34 042
34 042
Free-cash
40 054
54 056
21 797
34 196

Estimated living cost  is ₽34042 per week

₽21928
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2977
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽533
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8606
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Brussels model

Close
Barcelona , Spain
₽71350
₽50832
₽54748
₽64818
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
780
income
-
-
-
43 071
other
-
-
-
87
unemployment
-
-
-
606
pensions
-
-
-
24 490
total
-
-
-
69 034
Employee
46 475
-
129 912
-
other
46
-
87
-
unemployment
721
-
1 341
-
pensions
2 185
-
4 068
-
income
9 806
-
39 866
-
total
12 758
-
45 362
-
Employer
46 475
-
129 912
-
pensions
10 967
-
20 423
-
accident
920
-
1 713
-
unemployment
2 557
-
4 759
-
other
370
-
693
-
total
14 814
-
27 588
-
Corporate
96 211
157 500
-
-
income

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

14 431
23 625
-
-
total
14 431
23 625
-
-
Dividends
81 780
133 875
-
-
withholding
16 961
28 807
-
-
total
16 961
28 807
-
-
Income
157 500
157 500
157 500
157 500
Total tax
58 964
52 432
72 950
69 034
After tax
98 536
105 068
84 550
88 466
Living cost
33 718
33 718
33 718
33 718
Free-cash
64 818
71 350
50 832
54 748

Estimated living cost  is ₽33718 per week

₽24830
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2392
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽485
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6010
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Barcelona model

Close
Luxembourg , Luxembourg
₽41839
₽34192
₽27911
₽30221
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
157 500
communal
-
-
-
9 954
accident
-
-
-
1 327
income
-
-
-
25 090
surtax
-
-
-
7 808
health
-
-
-
11 065
pensions
-
-
-
23 607
total
-
-
-
78 851
Employee
70 705
-
140 688
-
pensions
5 656
-
11 254
-
surtax
4 334
-
8 621
-
income
6 829
-
29 622
-
health
3 147
-
6 261
-
total
19 966
-
55 758
-
Employer
70 705
-
140 688
-
health
2 156
-
4 291
-
pensions
5 656
-
11 254
-
accident
636
-
1 267
-
total
8 448
-
16 812
-
Corporate
78 347
157 500
-
-
communal
5 289
10 631
-
-
income
11 752
23 625
-
-
surtax
822
1 653
-
-
total
17 863
35 909
-
-
Dividends
60 484
121 591
-
-
income
21 191
10 775
-
-
withholding
9 073
18 239
-
-
total
30 264
29 014
-
-
Income
157 500
157 500
157 500
157 500
Total tax
76 541
64 923
72 570
78 851
After tax
80 959
92 577
84 930
78 649
Living cost
50 738
50 738
50 738
50 738
Free-cash
30 221
41 839
34 192
27 911

Estimated living cost  is ₽50738 per week

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

Source of data for Luxembourg model

Close
Athens , Greece
₽78098
₽47884
₽53652
₽75125
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
42 473
other
-
-
-
-
surtax
-
-
-
6 423
unemployment
-
-
-
213
health
-
-
-
8 846
pensions
-
-
-
24 922
total
-
-
-
82 877
Employee
31 442
-
131 271
-
other
-
-
-
-
unemployment
2 188
-
8 673
-
pensions
2 098
-
8 311
-
surtax
112
-
5 367
-
income
5 271
-
36 888
-
health
803
-
3 177
-
total
10 472
-
62 416
-
Employer
31 442
-
131 271
-
health
1 430
-
5 670
-
pensions
4 192
-
16 610
-
unemployment
998
-
3 949
-
other
-
-
-
-
total
6 620
-
26 229
-
Corporate
119 439
157 500
-
-
income
31 054
40 949
-
-
total
31 054
40 949
-
-
Dividends
88 385
116 551
-
-
withholding
13 258
17 482
-
-
total
13 258
17 482
-
-
Income
157 500
157 500
157 500
157 500
Total tax
61 404
58 431
88 645
82 877
After tax
96 096
99 069
68 855
74 623
Living cost
20 971
20 971
20 971
20 971
Free-cash
75 125
78 098
47 884
53 652

Estimated living cost  is ₽20971 per week

₽12661
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1823
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽487
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6001
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details

Source of data for Athens model

Close
Naples , Italy
₽57635
₽42928
₽50007
₽55564
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
157 500
social contributions
-
-
-
40 508
regional
-
-
-
2 375
municipal
-
-
-
935
national
-
-
-
38 524
total
-
-
-
82 342
Employee
51 791
-
157 500
-
municipal
275
-
835
-
national
8 205
-
33 357
-
regional
697
-
2 120
-
social contributions
17 464
-
53 109
-
total
26 641
-
89 421
-
Employer
51 791
-
157 500
-
total
-
-
-
-
Corporate
105 709
157 500
-
-
municipal
5 253
7 828
-
-
nationa
25 370
37 799
-
-
total
30 623
45 627
-
-
Dividends
75 086
111 873
-
-
withholding
19 521
29 087
-
-
total
19 521
29 087
-
-
Income
157 500
157 500
157 500
157 500
Total tax
76 785
74 714
89 421
82 342
After tax
80 715
82 786
68 079
75 158
Living cost
25 151
25 151
25 151
25 151
Free-cash
55 564
57 635
42 928
50 007

Estimated living cost  is ₽25151 per week

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

Source of data for Naples model

Close
Prague , Czech Republic
₽80325
₽52954
₽59782
₽70296
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
15 511
social contributions
-
-
-
32 830
solidarity contribution
-
-
-
-
health
-
-
-
21 263
total
-
-
-
69 604
Employee
41 344
-
118 708
-
solidarity contribution
-
-
-
-
social contributions
2 687
-
7 308
-
income
4 961
-
14 306
-
health
5 581
-
16 026
-
total
13 229
-
37 640
-
Employer
41 344
-
118 708
-
health
3 721
-
10 684
-
social contributions
10 336
-
28 108
-
total
14 057
-
38 792
-
Corporate
102 099
157 500
-
-
income
19 399
29 925
-
-
total
19 399
29 925
-
-
Dividends
82 700
127 575
-
-
withholding
12 405
19 136
-
-
total
12 405
19 136
-
-
Income
157 500
157 500
157 500
157 500
Total tax
59 090
49 061
76 432
69 604
After tax
98 410
108 439
81 068
87 896
Living cost
28 114
28 114
28 114
28 114
Free-cash
70 296
80 325
52 954
59 782

Estimated living cost  is ₽28114 per week

₽20907
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1557
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽486
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5163
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Prague model

Close
Graz , Austria
₽57526
₽12039
₽51213
₽57063
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
157 500
income
-
-
-
41 621
surtax
-
-
-
-
unemployment
-
-
-
5 726
chamber of commerce
-
-
-
631
health
-
-
-
8 343
pensions
-
-
-
20 179
total
-
-
-
76 500
Employee
40 813
37 207
124 951
-
other
408
372
1 091
-
unemployment
1 224
1 116
3 272
-
pensions
4 180
3 809
11 169
-
income
3 636
2 744
33 021
-
health
1 579
1 440
4 220
-
total
11 027
9 481
52 773
-
Employer
40 813
37 207
124 951
-
chamber of commerce
163
149
500
-
health
1 543
1 407
4 123
-
pensions
5 122
4 670
13 689
-
accident
530
484
1 417
-
unemployment
1 224
1 116
3 272
-
surtax
-
-
-
-
payroll
1 224
1 116
3 749
-
other
1 938
1 766
5 799
-
total
11 744
10 708
32 549
-
Corporate
104 942
109 584
121 407
-
income

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

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

26 235
27 395
30 352
-
total
26 235
27 395
30 352
-
Dividends
78 708
82 189
-
-
withholding
21 644
22 603
-
-
total
21 644
22 603
-
-
Income
157 500
157 500
157 500
157 500
Total tax
70 650
70 187
115 674
76 500
After tax
86 850
87 313
41 826
81 000
Living cost
29 787
29 787
29 787
29 787
Free-cash
57 063
57 526
12 039
51 213

Estimated living cost  is ₽29787 per week

₽17868
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3042
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽532
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8345
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

As a Third Country National (non-EU/EFTA/Swiss and without a long-term EU resident permit), you can apply for permanent residence when your business creates macroeconomic benefit. This could be an investment starting from €100,000, creating new jobs or securing existing ones, or making a substantial contribution to the region's economy. You can also be considered with a transfer of know-how to Austria or an evident commitment to develop an innovative product or technology.

Source of data for Graz model

Close
Tbilisi , Georgia
₽137901
₽114276
₽144201
₽135703
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
157 500
microenterprise

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

-
-
-
1 575
total
-
-
-
1 575
Employee
14 655
-
157 500
-
income
2 931
-
31 500
-
total
2 931
-
31 500
-
Employer
-
-
-
-
total
-
-
-
-
Corporate

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

142 845
157 500
-
-
total
-
-
-
-
Dividends
142 845
157 500
-
-
withholding
7 142
7 875
-
-
total
7 142
7 875
-
-
Income
157 500
157 500
157 500
157 500
Total tax
10 073
7 875
31 500
1 575
After tax
147 427
149 625
126 000
155 925
Living cost
11 724
11 724
11 724
11 724
Free-cash
135 703
137 901
114 276
144 201

Estimated living cost  is ₽11724 per week

₽7934
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽492
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽393
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2905
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

Social security system in Georgia is financed from the government taxes which are part of our internal model. Separate pension and medical insurance contributions are not compulsory. It is advisable to purchase health insurance privately as in an event of medical emergency the treatment is likely to get costly.

Source of data for Tbilisi model

Close
Ljubljana , Slovenia
₽83395
₽48062
₽52234
₽75585
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
35 726
unemployment
-
-
-
236
health
-
-
-
15 498
pensions
-
-
-
28 763
total
-
-
-
80 223
Employee

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

41 286
-
136 281
-
unemployment
58
-
191
-
pensions
6 400
-
21 123
-
income
7 120
-
33 057
-
health
2 667
-
8 804
-
total
16 245
-
63 175
-
Employer

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

41 286
-
136 281
-
health
2 750
-
9 077
-
pensions
3 653
-
12 061
-
unemployment
25
-
82
-
total
6 428
-
21 220
-
Corporate
109 786
157 500
-
-
income
20 859
29 925
-
-
total
20 859
29 925
-
-
Dividends
88 927
127 575
-
-
withholding
13 340
19 137
-
-
total
13 340
19 137
-
-
Income
157 500
157 500
157 500
157 500
Total tax
56 872
49 062
84 395
80 223
After tax
100 628
108 438
73 105
77 277
Living cost
25 043
25 043
25 043
25 043
Free-cash
75 585
83 395
48 062
52 234

Estimated living cost  is ₽25043 per week

₽17186
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1605
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽485
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5767
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Ljubljana model

Close
Oslo , Norway
₽55938
₽105455
₽68960
₽11968
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
157 500
income
-
-
-
30 700
social contributions
-
-
-
17 955
total
-
-
-
48 655
Employee
57 190
-
-
-
social contributions
4 690
-
668
-
income
12 615
-
-
-
total
17 305
-
668
-
Employer
57 190
-
-
-
social contributions
80 638
-
11 492
-
total
80 638
-
11 492
-
Corporate
19 672
157 500
-
-
income
4 328
34 650
-
-
total
4 328
34 650
-
-
Dividends
15 344
122 850
-
-
income
3 376
27 027
-
-
total
3 376
27 027
-
-
Income
157 500
157 500
157 500
157 500
Total tax
105 647
61 677
12 160
48 655
After tax
51 853
95 823
145 340
108 845
Living cost
39 885
39 885
39 885
39 885
Free-cash
11 968
55 938
105 455
68 960

Estimated living cost  is ₽39885 per week

₽25879
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3751
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽508
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9747
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Oslo model

Close
Lisbon , Portugal
₽60299
₽43567
₽55357
₽59360
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
157 500
income
-
-
-
18 125
surtax
-
-
-
-
social contributions

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

-
-
-
54 732
total
-
-
-
72 857
Employee
42 941
-
127 273
-
surtax
-
-
-
-
social contributions
4 724
-
14 001
-
income
8 932
-
40 419
-
total
13 656
-
54 420
-
Employer
42 941
-
127 273
-
social contributions
10 198
-
30 227
-
total
10 198
-
30 227
-
Corporate
104 361
157 500
-
-
income
21 915
33 076
-
-
surtax
-
-
-
-
total
21 915
33 076
-
-
Dividends
82 446
124 424
-
-
withholding
23 085
34 839
-
-
total
23 085
34 839
-
-
Income
157 500
157 500
157 500
157 500
Total tax
68 854
67 915
84 647
72 857
After tax
88 646
89 585
72 853
84 643
Living cost
29 286
29 286
29 286
29 286
Free-cash
59 360
60 299
43 567
55 357

Estimated living cost  is ₽29286 per week

₽21912
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1727
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽489
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5158
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Lisbon model

Close
Paris , France
₽34288
₽42225
₽43772
₽40706
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
157 500
income
-
-
-
24 071
other
-
-
-
4 883
surtax
-
-
-
-
social contributions
-
-
-
4 488
health
-
-
-
6 444
pensions
-
-
-
28 748
total
-
-
-
68 634
Employee
58 476
-
122 431
-
pensions
6 614
-
8 290
-
surtax
-
-
-
-
social contributions
1 665
-
3 487
-
income
5 102
-
23 334
-
total
13 381
-
35 111
-
Employer
58 476
-
122 431
-
health
4 093
-
11 064
-
pensions
9 608
-
13 998
-
unemployment
2 369
-
4 959
-
social contributions
175
-
367
-
other
2 018
-
4 682
-
total
18 263
-
35 070
-
Corporate
80 760
157 500
-
-
income
22 613
44 100
-
-
surtax
-
-
-
-
total
22 613
44 100
-
-
Dividends
58 147
113 400
-
-
surtax
-
-
-
-
social contributions
10 000
19 504
-
-
withholding
7 443
14 514
-
-
total
17 443
34 018
-
-
Income
157 500
157 500
157 500
157 500
Total tax
71 700
78 118
70 181
68 634
After tax
85 800
79 382
87 319
88 866
Living cost
45 094
45 094
45 094
45 094
Free-cash
40 706
34 288
42 225
43 772

Estimated living cost  is ₽45094 per week

₽30519
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3689
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽618
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10267
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Paris model

Close
Andorra , Andorra
₽113686
₽92355
₽88170
₽110547
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
6 616
social contributions
-
-
-
34 649
total
-
-
-
41 265
Employee
30 016
-
136 363
-
income
-
-
7 080
-
social contributions
1 951
-
8 864
-
total
1 951
-
15 944
-
Employer
30 016
-
136 363
-
social contributions
4 653
-
21 136
-
total
4 653
-
21 136
-
Corporate
122 831
157 500
-
-
income
12 284
15 749
-
-
total
12 284
15 749
-
-
Dividends
110 548
141 751
-
-
total
-
-
-
-
Income
157 500
157 500
157 500
157 500
Total tax
18 888
15 749
37 080
41 265
After tax
138 612
141 751
120 420
116 235
Living cost
28 065
28 065
28 065
28 065
Free-cash
110 547
113 686
92 355
88 170

Estimated living cost  is ₽28065 per week

₽18147
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2116
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽528
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7275
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

Andorra has a limit of 1000 sole-trade resident permits per year, so while it isn't complicated to obtain one, it may get difficult by the end of the term.

Source of data for Andorra model

Close
Copenhagen , Denmark
-₽45933
-₽45933
₽48326
-₽45933
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
157 500
labour market
-
-
-
12 535
municipal
-
-
-
32 601
national
-
-
-
18 262
pensions
-
-
-
809
total
-
-
-
64 207
Employee
189 796
189 796
189 796
-
municipal
40 416
40 416
40 416
-
labour market
15 162
15 162
15 162
-
pensions
270
270
270
-
national
23 187
23 187
23 187
-
total
79 035
79 035
79 035
-
Employer
189 796
189 796
189 796
-
national
23 227
23 227
23 227
-
labour market
15 184
15 184
15 184
-
pensions
540
540
540
-
municipal
40 480
40 480
40 480
-
total
79 431
79 431
79 431
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
157 500
157 500
157 500
157 500
Total tax
158 466
158 466
158 466
64 207
After tax
-966
-966
-966
93 293
Living cost
44 967
44 967
44 967
44 967
Free-cash
-45 933
-45 933
-45 933
48 326

Estimated living cost  is ₽44967 per week

₽30776
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3978
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽692
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9522
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Copenhagen model

Close
Krakow , Poland
-₽7776
₽64689
₽87169
₽9608
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
157 500
accident
-
-
-
239
income
-
-
-
43 201
other
-
-
-
351
health
-
-
-
2 066
pensions
-
-
-
3 941
total
-
-
-
49 798
Employee
32 300
-
141 244
-
pensions
3 637
-
7 227
-
income
4 431
-
32 623
-
health
3 699
-
16 172
-
total
11 767
-
56 022
-
Employer
32 300
-
141 244
-
pensions
5 252
-
10 436
-
accident
539
-
2 359
-
unemployment
791
-
3 461
-
total
6 582
-
16 256
-
Corporate
118 618
157 500
-
-
income

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

106 756
141 750
-
-
total
106 756
141 750
-
-
Dividends
11 862
15 750
-
-
withholding
2 254
2 993
-
-
total
2 254
2 993
-
-
Income
157 500
157 500
157 500
157 500
Total tax
127 359
144 743
72 278
49 798
After tax
30 141
12 757
85 222
107 702
Living cost
20 533
20 533
20 533
20 533
Free-cash
9 608
-7 776
64 689
87 169

Estimated living cost  is ₽20533 per week

₽14946
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1171
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽385
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4031
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

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

Source of data for Krakow model

Close
Helsinki , Finland
₽63281
₽47219
₽66753
₽65460
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
157 500
health
-
-
-
2 036
municipal
-
-
-
27 983
national
-
-
-
24 883
total
-
-
-
54 902
Employee
49 121
-
132 497
-
municipal
8 046
-
21 584
-
unemployment
737
-
1 988
-
pensions
3 315
-
8 944
-
national
811
-
15 265
-
health
367
-
1 651
-
total
13 276
-
49 432
-
Employer
49 121
-
132 497
-
health
377
-
1 021
-
pensions
8 522
-
22 989
-
accident
50
-
133
-
unemployment
319
-
861
-
total
9 268
-
25 004
-
Corporate
99 110
157 500
-
-
income
19 823
31 500
-
-
total
19 823
31 500
-
-
Dividends

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

59 466
94 500
-
-
municipal
10 703
17 009
-
-
national
3 125
9 865
-
-
total
13 828
26 874
-
-
Income
157 500
157 500
157 500
157 500
Total tax
56 195
58 374
74 436
54 902
After tax
101 305
99 126
83 064
102 598
Living cost
35 845
35 845
35 845
35 845
Free-cash
65 460
63 281
47 219
66 753

Estimated living cost  is ₽35845 per week

₽23414
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3448
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽571
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8414
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

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

Source of data for Helsinki model

Close
Larnaca , Cyprus
₽93303
₽84978
₽86383
₽88224
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
30 377
social contributions
-
-
-
15 106
health
-
-
-
4 017
total
-
-
-
49 500
Employee
71 793
71 793
146 749
-
social contributions
2 714
5 958
8 037
-
income
7 817
6 646
29 622
-
health
556
1 221
2 495
-
total
11 087
13 825
40 154
-
Employer
71 793
71 793
146 749
-
health
604
1 329
2 714
-
social contributions
2 714
5 958
8 037
-
total
3 318
7 287
10 751
-
Corporate
121 477
78 419
-
-
income
15 184
9 803
-
-
total
15 184
9 803
-
-
Dividends
106 293
68 616
-
-
withholding
18 070
11 665
-
-
total
18 070
11 665
-
-
Income
157 500
157 500
157 500
157 500
Total tax
47 659
42 580
50 905
49 500
After tax
109 841
114 920
106 595
108 000
Living cost
21 617
21 617
21 617
21 617
Free-cash
88 224
93 303
84 978
86 383

Estimated living cost  is ₽21617 per week

₽12955
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2121
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽478
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6063
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Larnaca model

Close
Podgorica , Montenegro
₽115603
₽98639
₽117364
₽110853
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
15 967
unemployment
-
-
-
27
health
-
-
-
3 379
pensions
-
-
-
5 939
total
-
-
-
25 312
Employee

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

21 431
-
148 375
-
unemployment
106
-
443
-
pensions
3 214
-
13 288
-
income
1 465
-
13 652
-
health
1 821
-
7 530
-
total
6 606
-
34 913
-
Employer

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

21 431
-
148 375
-
health
921
-
3 809
-
pensions
1 178
-
4 872
-
unemployment
106
-
443
-
total
2 205
-
9 124
-
Corporate
133 864
157 500
-
-
income
12 048
14 174
-
-
total
12 048
14 174
-
-
Dividends
121 816
143 326
-
-
withholding
10 964
12 899
-
-
total
10 964
12 899
-
-
Income
157 500
157 500
157 500
157 500
Total tax
31 823
27 073
44 037
25 312
After tax
125 677
130 427
113 463
132 188
Living cost
14 824
14 824
14 824
14 824
Free-cash
110 853
115 603
98 639
117 364

Estimated living cost  is ₽14824 per week

₽9458
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1068
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽441
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3855
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Podgorica model

Close
Valencia , Spain
₽79394
₽58876
₽62792
₽75270
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
780
income
-
-
-
43 071
other
-
-
-
87
unemployment
-
-
-
606
pensions
-
-
-
24 490
total
-
-
-
69 034
Employee
34 523
-
129 912
-
other
34
-
87
-
unemployment
535
-
1 341
-
pensions
1 623
-
4 068
-
income
6 656
-
39 866
-
total
8 848
-
45 362
-
Employer
34 523
-
129 912
-
pensions
8 147
-
20 423
-
accident
684
-
1 713
-
unemployment
1 899
-
4 759
-
other
276
-
693
-
total
11 006
-
27 588
-
Corporate
111 971
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.

16 796
23 625
-
-
total
16 796
23 625
-
-
Dividends
95 175
133 875
-
-
withholding
19 906
28 807
-
-
total
19 906
28 807
-
-
Income
157 500
157 500
157 500
157 500
Total tax
56 556
52 432
72 950
69 034
After tax
100 944
105 068
84 550
88 466
Living cost
25 674
25 674
25 674
25 674
Free-cash
75 270
79 394
58 876
62 792

Estimated living cost  is ₽25674 per week

₽17330
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2468
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽450
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5427
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Valencia model

Close
Istanbul , Turkey
₽96389
₽99238
₽99374
₽96077
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
53 856
health
-
-
-
1 000
pensions
-
-
-
1 379
total
-
-
-
56 235
Employee
2 880
-
155 948
-
unemployment
29
-
69
-
pensions
259
-
621
-
income
557
-
53 784
-
health
144
-
345
-
total
989
-
54 819
-
Employer
2 880
-
155 948
-
health
274
-
655
-
pensions
317
-
759
-
unemployment
58
-
138
-
total
649
-
1 552
-
Corporate
153 972
157 500
-
-
income
33 874
34 650
-
-
total
33 874
34 650
-
-
Dividends
120 098
122 850
-
-
withholding
24 020
24 570
-
-
total
24 020
24 570
-
-
Income
157 500
157 500
157 500
157 500
Total tax
59 532
59 220
56 371
56 235
After tax
97 968
98 280
101 129
101 265
Living cost
1 891
1 891
1 891
1 891
Free-cash
96 077
96 389
99 238
99 374

Estimated living cost  is ₽1891 per week

₽1124
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽153
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽43
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽571
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details

Source of data for Istanbul model

Close
Belgrade , Serbia
₽97648
₽79797
₽79797
₽93053
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
35 475
unemployment
-
-
-
1 035
health
-
-
-
7 107
pensions
-
-
-
17 940
total
-
-
-
61 557
Employee

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

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

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

24 348
-
145 149
-
unemployment
183
-
517
-
pensions
3 409
-
9 660
-
income
3 356
-
35 475
-
health
1 254
-
3 554
-
total
8 202
-
49 206
-
Employer

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

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

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

24 348
-
145 149
-
health
1 254
-
3 554
-
pensions
2 922
-
8 280
-
unemployment
183
-
517
-
total
4 359
-
12 351
-
Corporate
128 794
157 500
-
-
income
19 319
23 625
-
-
total
19 319
23 625
-
-
Dividends
109 475
133 875
-
-
withholding
16 421
20 081
-
-
total
16 421
20 081
-
-
Income
157 500
157 500
157 500
157 500
Total tax
48 301
43 706
61 557
61 557
After tax
109 199
113 794
95 943
95 943
Living cost
16 147
16 147
16 147
16 147
Free-cash
93 053
97 648
79 797
79 797

Estimated living cost  is ₽16147 per week

₽10871
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1249
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽467
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3559
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Belgrade model

Close
Porto , Portugal
₽64414
₽47682
₽59472
₽64076
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
157 500
income
-
-
-
18 125
surtax
-
-
-
-
social contributions

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

-
-
-
54 732
total
-
-
-
72 857
Employee
36 237
-
127 273
-
surtax
-
-
-
-
social contributions
3 987
-
14 001
-
income
7 081
-
40 419
-
total
11 068
-
54 420
-
Employer
36 237
-
127 273
-
social contributions
8 606
-
30 227
-
total
8 606
-
30 227
-
Corporate
112 657
157 500
-
-
income
23 659
33 076
-
-
surtax
-
-
-
-
total
23 659
33 076
-
-
Dividends
88 999
124 424
-
-
withholding
24 920
34 839
-
-
total
24 920
34 839
-
-
Income
157 500
157 500
157 500
157 500
Total tax
68 253
67 915
84 647
72 857
After tax
89 247
89 585
72 853
84 643
Living cost
25 171
25 171
25 171
25 171
Free-cash
64 076
64 414
47 682
59 472

Estimated living cost  is ₽25171 per week

₽17828
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1749
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽446
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5149
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Porto model

Close
Madrid , Spain
₽72255
₽51737
₽55653
₽66042
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
780
income
-
-
-
43 071
other
-
-
-
87
unemployment
-
-
-
606
pensions
-
-
-
24 490
total
-
-
-
69 034
Employee
45 091
-
129 912
-
other
44
-
87
-
unemployment
698
-
1 341
-
pensions
2 119
-
4 068
-
income
9 418
-
39 866
-
total
12 279
-
45 362
-
Employer
45 091
-
129 912
-
pensions
10 641
-
20 423
-
accident
893
-
1 713
-
unemployment
2 480
-
4 759
-
other
361
-
693
-
total
14 375
-
27 588
-
Corporate
98 033
157 500
-
-
income

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

14 706
23 625
-
-
total
14 706
23 625
-
-
Dividends
83 327
133 875
-
-
withholding
17 285
28 807
-
-
total
17 285
28 807
-
-
Income
157 500
157 500
157 500
157 500
Total tax
58 645
52 432
72 950
69 034
After tax
98 855
105 068
84 550
88 466
Living cost
32 813
32 813
32 813
32 813
Free-cash
66 042
72 255
51 737
55 653

Estimated living cost  is ₽32813 per week

₽23565
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2551
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽462
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6235
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Madrid model

Close
Sofia , Bulgaria
₽118598
₽115201
₽109102
₽112906
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
157 500
income
-
-
-
23 625
unemployment
-
-
-
130
health
-
-
-
3 751
pensions

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

-
-
-
4 828
total
-
-
-
32 334
Employee
21 272
-
151 100
-
accident

We are using the highest rate at 1.1%.

234
-
359
-
pensions

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

1 867
-
2 864
-
income
2 128
-
15 110
-
health
979
-
1 501
-
total
5 208
-
19 834
-
Employer
21 272
-
151 100
-
health
1 468
-
2 251
-
pensions

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

2 344
-
3 595
-
accident

We are using the highest rate at 1.1%.

234
-
359
-
unemployment
128
-
196
-
total
4 174
-
6 401
-
Corporate
132 055
157 500
-
-
income
13 206
15 750
-
-
total
13 206
15 750
-
-
Dividends
118 849
141 750
-
-
withholding
5 942
7 088
-
-
total
5 942
7 088
-
-
Income
157 500
157 500
157 500
157 500
Total tax
28 530
22 838
26 235
32 334
After tax
128 970
134 662
131 265
125 166
Living cost
16 064
16 064
16 064
16 064
Free-cash
112 906
118 598
115 201
109 102

Estimated living cost  is ₽16064 per week

₽10625
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽920
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽383
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4137
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Sofia model

Close
Berlin , Germany
₽45023
₽64529
₽48158
₽57237
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
157 500
income

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

-
-
-
47 912
surtax

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

-
-
-
2 635
health

Our model is based on the assumption that an owner of the company is either a director or registered self-employed, so all social security contributions are not mandatory.

However, you would need to purchase private health insurance. We took an average price of €3600 per annum per person.

-
-
-
6 378
trade
-
-
-
16 371
total
-
-
-
73 296
Employee

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

46 455
-
157 500
-
surtax

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

211
-
2 635
-
income

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

3 820
-
47 912
-
health

Our model is based on the assumption that an owner of the company is either a director or registered self-employed, so all social security contributions are not mandatory.

However, you would need to purchase private health insurance. We took an average price of €3600 per annum per person.

6 378
-
6 378
-
total
10 409
-
56 925
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
111 045
157 500
-
-
income
16 657
23 625
-
-
surtax

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

916
1 299
-
-
chamber of commerce
305
372
-
-
trade
15 935
22 601
-
-
total
33 813
47 897
-
-
Dividends
77 232
109 603
-
-
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.

1 042
1 488
-
-
withholding
18 953
27 046
-
-
total
19 995
28 534
-
-
Income
157 500
157 500
157 500
157 500
Total tax
64 217
76 431
56 925
73 296
After tax
93 283
81 069
100 575
84 204
Living cost
36 046
36 046
36 046
36 046
Free-cash
57 237
45 023
64 529
48 158

Estimated living cost  is ₽36046 per week

₽24865
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3878
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽523
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6779
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

Nationals of Europe, Australia, Canada, Israel, Japan, the Republic of Korea, New Zealand and the USA do not require an entry type D visa (not to confuse with a Schengen visa or a visa-free entry). For other nationals, waiting time is around 6-9 months which includes document preparation and processing.

Source of data for Berlin model

Close
Dublin , Ireland
₽57065
₽30633
₽30633
₽59127
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
157 500
income
-
-
-
47 567
social contributions
-
-
-
26 115
total
-
-
-
73 682
Employee
73 032
-
157 500
-
income
13 781
-
47 567
-
social contributions
6 067
-
26 115
-
total
19 848
-
73 682
-
Employer
73 032
-
157 500
-
total
-
-
-
-
Corporate
84 468
157 500
-
-
income
10 558
19 688
-
-
total
10 558
19 688
-
-
Dividends
73 910
137 812
-
-
withholding
14 782
27 562
-
-
total
14 782
27 562
-
-
Income
157 500
157 500
157 500
157 500
Total tax
45 188
47 250
73 682
73 682
After tax
112 312
110 250
83 818
83 818
Living cost
53 185
53 185
53 185
53 185
Free-cash
59 127
57 065
30 633
30 633

Estimated living cost  is ₽53185 per week

₽40462
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4334
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽509
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7881
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

To obtain permanent residence for non EEA/Swiss nationals, it is required to invest a huge amount - at least €1 million aggregate investment into a new or an existing Irish business, for a minimum of three years.

Source of data for Dublin model

Close
Sliema , Malta
₽63550
₽78518
₽91374
₽66814
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

We use The Residence Programme or The Global Residence Programme.

-
-
-
157 500
income
-
-
-
26 577
health

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

-
-
-
5 657
total
-
-
-
32 234
Employee
42 830
-
153 205
-
income
4 647
-
36 500
-
social contributions
4 291
-
4 295
-
total
8 938
-
40 795
-
Employer
42 830
-
153 205
-
social contributions
4 291
-
4 295
-
total
4 291
-
4 295
-
Corporate
110 378
157 500
-
-
income
38 632
55 125
-
-
total
38 632
55 125
-
-
Dividends
71 746
102 375
-
-
social contributions
4 933
4 933
-
-
total
4 933
4 933
-
-
Income
157 500
157 500
157 500
157 500
Total tax
56 794
60 058
45 090
32 234
After tax
100 706
97 442
112 410
125 266
Living cost
33 892
33 892
33 892
33 892
Free-cash
66 814
63 550
78 518
91 374

Estimated living cost  is ₽33892 per week

₽22324
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2672
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽519
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8375
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Sliema model

Close
Edinburgh , United Kingdom
₽69093
₽55889
₽70186
₽74646
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
44 197
pensions
-
-
-
8 284
total
-
-
-
52 481
Employee
47 813
-
137 657
-
pensions
3 649
-
10 244
-
income
8 707
-
34 665
-
health
624
-
2 026
-
total
12 980
-
46 935
-
Employer
47 813
-
137 657
-
health
909
-
2 615
-
pensions
4 831
-
17 228
-
total
5 740
-
19 843
-
Corporate
103 948
157 500
-
-
income

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

19 750
29 926
-
-
total
19 750
29 926
-
-
Dividends
84 198
127 574
-
-
withholding
9 551
23 648
-
-
total
9 551
23 648
-
-
Income
157 500
157 500
157 500
157 500
Total tax
48 021
53 574
66 778
52 481
After tax
109 479
103 926
90 722
105 019
Living cost
34 833
34 833
34 833
34 833
Free-cash
74 646
69 093
55 889
70 186

Estimated living cost  is ₽34833 per week

₽23895
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3203
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽436
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7297
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details

Additional information

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

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

Source of data for Edinburgh model

Close
Warsaw , Poland
-₽9809
₽62656
₽85136
₽9295
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
157 500
accident
-
-
-
239
income
-
-
-
43 201
other
-
-
-
351
health
-
-
-
2 066
pensions
-
-
-
3 941
total
-
-
-
49 798
Employee
35 497
-
141 244
-
pensions
3 997
-
7 227
-
income
4 870
-
32 623
-
health
4 064
-
16 172
-
total
12 931
-
56 022
-
Employer
35 497
-
141 244
-
pensions
5 772
-
10 436
-
accident
593
-
2 359
-
unemployment
870
-
3 461
-
total
7 235
-
16 256
-
Corporate
114 769
157 500
-
-
income

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

103 292
141 750
-
-
total
103 292
141 750
-
-
Dividends
11 477
15 750
-
-
withholding
2 181
2 993
-
-
total
2 181
2 993
-
-
Income
157 500
157 500
157 500
157 500
Total tax
125 639
144 743
72 278
49 798
After tax
31 861
12 757
85 222
107 702
Living cost
22 566
22 566
22 566
22 566
Free-cash
9 295
-9 809
62 656
85 136

Estimated living cost  is ₽22566 per week

₽16561
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1315
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽455
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4235
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

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

Source of data for Warsaw model

Close
Skopje , Macedonia
₽119923
₽98492
₽77958
₽115555
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
157 500
income
-
-
-
25 862
unemployment
-
-
-
1 792
work injury
-
-
-
747
health insurance
-
-
-
11 051
pensions
-
-
-
27 477
total
-
-
-
66 929
Employee

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

20 181
-
157 500
-
health insurance
1 493
-
5 525
-
unemployment
242
-
896
-
work injury
101
-
373
-
pensions
3 713
-
13 739
-
income
2 018
-
25 862
-
total
7 567
-
46 395
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
137 319
157 500
-
-
income

Macedonia has a simplified tax regime. Before 3,000,000 MKD per annum you will be taxed at 0%, and before 6,000,000 MKD it is 1%.

1 373
1 575
-
-
total
1 373
1 575
-
-
Dividends
135 946
155 925
-
-
withholding
20 392
23 389
-
-
total
20 392
23 389
-
-
Income
157 500
157 500
157 500
157 500
Total tax
29 332
24 964
46 395
66 929
After tax
128 168
132 536
111 105
90 571
Living cost
12 613
12 613
12 613
12 613
Free-cash
115 555
119 923
98 492
77 958

Estimated living cost  is ₽12613 per week

₽7814
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽917
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽393
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3489
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Skopje model

Close
Rome , Italy
₽45767
₽29707
₽36623
₽41519
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
157 500
social contributions
-
-
-
40 508
regional
-
-
-
3 599
municipal
-
-
-
1 052
national
-
-
-
38 524
total
-
-
-
83 683
Employee
78 675
-
157 500
-
municipal
470
-
939
-
national
13 295
-
33 357
-
regional
1 188
-
3 194
-
social contributions
26 529
-
53 109
-
total
41 482
-
90 599
-
Employer
78 675
-
157 500
-
total
-
-
-
-
Corporate
78 825
157 500
-
-
municipal
3 799
7 592
-
-
nationa
18 917
37 799
-
-
total
22 716
45 391
-
-
Dividends
56 109
112 109
-
-
withholding
14 589
29 148
-
-
total
14 589
29 148
-
-
Income
157 500
157 500
157 500
157 500
Total tax
78 787
74 539
90 599
83 683
After tax
78 713
82 961
66 901
73 817
Living cost
37 194
37 194
37 194
37 194
Free-cash
41 519
45 767
29 707
36 623

Estimated living cost  is ₽37194 per week

₽26127
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2558
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽562
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7946
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Rome model

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