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
₽ 158000
per

Your estimated
City
free-cash

Dresden , Germany
₽61525
₽72377
₽51065
₽54416
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
158 000
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.

-
-
-
6 459
trade
-
-
-
17 961
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.

-
-
-
47 893
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.

-
-
-
2 634
total
-
-
-
74 947
Employee

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

36 162
-
158 000
-
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.

6 459
-
6 459
-
income

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

1 010
-
47 893
-
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.

56
-
2 634
-
total
7 525
-
56 986
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
121 838
158 000
-
-
income
18 275
23 701
-
-
chamber of commerce
319
371
-
-
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
1 304
-
-
trade
19 190
24 885
-
-
total
38 789
50 261
-
-
Dividends
83 049
107 738
-
-
surtax

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

1 121
1 462
-
-
withholding
20 403
26 575
-
-
total
21 524
28 037
-
-
Income
158 000
158 000
158 000
158 000
Total tax
67 838
78 298
56 986
74 947
After tax
90 162
79 702
101 014
83 053
Living cost
28 637
28 637
28 637
28 637
Free-cash
61 525
51 065
72 377
54 416

Estimated living cost  is ₽28637 per week

₽18013
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3339
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽535
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6750
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽48256
₽45192
₽49079
₽43952
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
158 000
social contributions
-
-
-
1 699
municipal
-
-
-
17 209
pensions
-
-
-
18 960
national
-
-
-
26 667
total
-
-
-
64 535
Employee
76 754
-
136 590
-
pensions
3 070
-
5 464
-
municipal
9 480
-
17 821
-
national
14 691
-
27 615
-
total
27 241
-
50 900
-
Employer
76 754
-
136 590
-
pensions
6 140
-
10 927
-
social contributions
825
-
1 468
-
total
6 965
-
12 395
-
Corporate
69 215
158 000
-
-
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%.

13 843
31 600
-
-
total
13 843
31 600
-
-
Dividends
55 372
126 400
-
-
withholding
12 182
27 808
-
-
total
12 182
27 808
-
-
Income
158 000
158 000
158 000
158 000
Total tax
60 231
59 408
63 295
64 535
After tax
97 769
98 592
94 705
93 465
Living cost
49 513
49 513
49 513
49 513
Free-cash
48 256
49 079
45 192
43 952

Estimated living cost  is ₽49513 per week

₽33653
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4603
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽741
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10516
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽98976
₽45545
₽106730
₽34121
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
158 000
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.

-
-
-
36 224
income
-
-
-
27 696
surtax
-
-
-
40 290
microenterprise
-
-
-
-
total
-
-
-
104 210
Employee
27 626
-
117 888
-
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.

3 039
-
12 394
-
income
4 918
-
23 187
-
surtax
-
-
17 093
-
total
7 957
-
52 674
-
Employer
27 626
-
117 888
-
surtax
-
-
12 968
-
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.

6 655
-
27 144
-
total
6 655
-
40 112
-
Corporate
123 719
158 000
-
-
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%.

24 743
31 601
-
-
total
24 743
31 601
-
-
Dividends

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

98 976
126 399
-
-
total
-
-
-
-
Income
158 000
158 000
158 000
158 000
Total tax
39 355
31 601
92 786
104 210
After tax
118 645
126 399
65 214
53 790
Living cost
19 669
19 669
19 669
19 669
Free-cash
98 976
106 730
45 545
34 121

Estimated living cost  is ₽19669 per week

₽12548
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1873
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽447
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4801
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽32700
₽58182
₽38491
₽48218
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
158 000
health
-
-
-
11 658
income
-
-
-
47 441
pensions
-
-
-
11 077
total
-
-
-
70 176
Employee
80 737
80 737
140 430
-
pensions
14 533
11 077
11 077
-
health
12 392
10 541
11 658
-
income

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

13 215
13 215
19 906
-
total
40 140
34 833
42 641
-
Employer
80 737
80 737
140 430
-
pensions
5 619
5 619
6 985
-
health
5 612
5 612
6 974
-
unemployment
2 907
2 907
3 612
-
total
14 138
14 138
17 571
-
Corporate
64 115
63 125
-
-
income
12 823
12 626
-
-
total
12 823
12 626
-
-
Dividends
51 292
50 499
-
-
income
10 900
10 731
-
-
withholding
7 693
7 575
-
-
total
18 593
18 306
-
-
Income
158 000
158 000
158 000
158 000
Total tax
85 694
79 903
60 212
70 176
After tax
72 306
78 097
97 788
87 824
Living cost
39 606
39 606
39 606
39 606
Free-cash
32 700
38 491
58 182
48 218

Estimated living cost  is ₽39606 per week

₽28068
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3570
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽630
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7338
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽46448
₽42102
₽47322
₽43046
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
158 000
accident
-
-
-
171
health
-
-
-
5 326
municipal
-
-
-
39 742
pensions
-
-
-
9 227
other
-
-
-
9 918
unemployment
-
-
-
85
national
-
-
-
11 539
total
-
-
-
76 008
Employee
55 494
-
131 181
-
municipal
16 548
-
39 118
-
national
-
-
11 016
-
total
16 548
-
50 134
-
Employer
55 494
-
131 181
-
pensions
5 999
-
9 227
-
other
6 449
-
9 918
-
health
3 413
-
5 249
-
unemployment
1 465
-
2 253
-
accident
111
-
171
-
total
17 437
-
26 818
-
Corporate
85 069
158 000
-
-
income
18 715
34 760
-
-
total
18 715
34 760
-
-
Dividends
66 354
123 240
-
-
withholding
19 906
36 972
-
-
total
19 906
36 972
-
-
Income
158 000
158 000
158 000
158 000
Total tax
72 606
71 732
76 952
76 008
After tax
85 394
86 268
81 048
81 992
Living cost
38 946
38 946
38 946
38 946
Free-cash
46 448
47 322
42 102
43 046

Estimated living cost  is ₽38946 per week

₽25812
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3822
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽591
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8721
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽55035
₽63873
₽41749
₽45113
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
158 000
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.

-
-
-
6 459
trade
-
-
-
18 760
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.

-
-
-
47 893
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.

-
-
-
2 634
total
-
-
-
75 746
Employee

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

47 946
-
158 000
-
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.

6 459
-
6 459
-
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.

4 119
-
47 893
-
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.

226
-
2 634
-
total
10 804
-
56 986
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
110 054
158 000
-
-
income
16 508
23 701
-
-
chamber of commerce
300
368
-
-
surtax

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

908
1 304
-
-
trade
18 103
25 990
-
-
total
35 819
51 363
-
-
Dividends
74 236
106 637
-
-
surtax

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

1 001
1 446
-
-
withholding
18 200
26 301
-
-
total
19 201
27 747
-
-
Income
158 000
158 000
158 000
158 000
Total tax
65 824
79 110
56 986
75 746
After tax
92 176
78 890
101 014
82 254
Living cost
37 141
37 141
37 141
37 141
Free-cash
55 035
41 749
63 873
45 113

Estimated living cost  is ₽37141 per week

₽24840
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3917
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽554
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7830
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽80703
₽76343
₽84623
₽77754
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
158 000
social contributions
-
-
-
15 297
health
-
-
-
4 030
income
-
-
-
30 253
total
-
-
-
49 580
Employee
72 700
72 700
147 140
-
health
723
1 236
2 501
-
social contributions
3 533
6 034
8 138
-
income
7 634
6 730
29 492
-
total
11 890
14 000
40 131
-
Employer
72 700
72 700
147 140
-
health
788
1 346
2 722
-
social contributions
3 533
6 034
8 138
-
total
4 321
7 380
10 860
-
Corporate
111 124
77 920
-
-
income
13 890
9 741
-
-
total
13 890
9 741
-
-
Dividends
97 234
68 180
-
-
withholding
16 530
11 590
-
-
total
16 530
11 590
-
-
Income
158 000
158 000
158 000
158 000
Total tax
46 631
42 711
50 991
49 580
After tax
111 369
115 289
107 009
108 420
Living cost
30 666
30 666
30 666
30 666
Free-cash
80 703
84 623
76 343
77 754

Estimated living cost  is ₽30666 per week

₽20963
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2395
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽515
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6793
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽71717
₽74170
₽71355
₽92030
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
158 000
health
-
-
-
11 060
income
-
-
-
19 316
pensions
-
-
-
15 800
unemployment
-
-
-
2 370
total
-
-
-
48 546
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.

25 151
10 010
132 218
-
unemployment
377
150
1 983
-
pensions
2 515
1 001
13 222
-
health
1 761
701
9 255
-
income
3 075
1 224
16 164
-
total
7 728
3 076
40 624
-
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.

25 151
10 010
132 218
-
pensions
4 905
1 952
25 782
-
total
4 905
1 952
25 782
-
Corporate
127 944
146 038
-
-
income
11 515
13 143
-
-
total
11 515
13 143
-
-
Dividends
116 429
132 895
-
-
social contributions
22 589
25 800
-
-
withholding
22 122
25 250
-
-
total
44 711
51 050
-
-
Income
158 000
158 000
158 000
158 000
Total tax
68 859
69 221
66 406
48 546
After tax
89 141
88 779
91 594
109 454
Living cost
17 424
17 424
17 424
17 424
Free-cash
71 717
71 355
74 170
92 030

Estimated living cost  is ₽17424 per week

₽11890
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1426
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽348
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3760
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽97691
₽68233
₽103563
₽61852
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
158 000
health
-
-
-
20 540
income
-
-
-
21 171
pensions
-
-
-
31 601
total
-
-
-
73 312
Employee
26 821
-
118 085
-
unemployment
429
-
1 889
-
pensions
536
-
2 361
-
income
3 020
-
22 766
-
total
3 985
-
27 016
-
Employer
26 821
-
118 085
-
pensions
5 365
-
23 618
-
health
3 486
-
15 351
-
unemployment
215
-
946
-
total
9 066
-
39 915
-
Corporate
122 113
158 000
-
-
income
24 422
31 601
-
-
total
24 422
31 601
-
-
Dividends
97 691
126 399
-
-
total
-
-
-
-
Income
158 000
158 000
158 000
158 000
Total tax
37 473
31 601
66 931
73 312
After tax
120 527
126 399
91 069
84 688
Living cost
22 836
22 836
22 836
22 836
Free-cash
97 691
103 563
68 233
61 852

Estimated living cost  is ₽22836 per week

₽15663
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1360
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽459
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5354
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽9569
₽64410
-₽8246
₽87002
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
158 000
accident
-
-
-
242
health
-
-
-
2 086
income
-
-
-
43 291
pensions
-
-
-
3 980
other
-
-
-
355
total
-
-
-
49 954
Employee
33 104
-
141 626
-
pensions
3 728
-
7 298
-
health
3 790
-
16 216
-
income
4 542
-
32 658
-
total
12 060
-
56 172
-
Employer
33 104
-
141 626
-
pensions
5 383
-
10 539
-
unemployment
811
-
3 470
-
accident
553
-
2 365
-
total
6 747
-
16 374
-
Corporate
118 149
158 000
-
-
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.

106 334
142 200
-
-
total
106 334
142 200
-
-
Dividends
11 815
15 800
-
-
withholding
2 245
3 002
-
-
total
2 245
3 002
-
-
Income
158 000
158 000
158 000
158 000
Total tax
127 386
145 202
72 546
49 954
After tax
30 614
12 798
85 454
108 046
Living cost
21 044
21 044
21 044
21 044
Free-cash
9 569
-8 246
64 410
87 002

Estimated living cost  is ₽21044 per week

₽15424
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1166
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽439
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4016
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽140854
₽118613
₽142313
₽148633
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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%.

-
-
-
158 000
microenterprise

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

-
-
-
1 580
total
-
-
-
1 580
Employee
9 734
-
158 000
-
income
1 946
-
31 600
-
total
1 946
-
31 600
-
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%.

148 266
158 000
-
-
total
-
-
-
-
Dividends
148 266
158 000
-
-
withholding
7 413
7 900
-
-
total
7 413
7 900
-
-
Income
158 000
158 000
158 000
158 000
Total tax
9 359
7 900
31 600
1 580
After tax
148 641
150 100
126 400
156 420
Living cost
7 787
7 787
7 787
7 787
Free-cash
140 854
142 313
118 613
148 633

Estimated living cost  is ₽7787 per week

₽4826
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽647
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽214
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2100
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽84505
₽64561
₽90891
₽61564
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
158 000
health
-
-
-
6 326
income
-
-
-
23 584
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.

-
-
-
34 505
other
-
-
-
6 829
total
-
-
-
71 244
Employee
34 328
-
126 198
-
unemployment
343
-
1 261
-
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.

2 402
-
8 834
-
health
481
-
1 767
-
income
5 910
-
24 584
-
total
9 136
-
36 446
-
Employer
34 328
-
126 198
-
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.

5 836
-
21 453
-
other
1 717
-
6 310
-
health
481
-
1 767
-
unemployment
343
-
1 261
-
accident
275
-
1 010
-
total
8 652
-
31 801
-
Corporate
115 020
158 000
-
-
income
24 155
33 179
-
-
total
24 155
33 179
-
-
Dividends
90 866
124 821
-
-
withholding
6 360
8 738
-
-
total
6 360
8 738
-
-
Income
158 000
158 000
158 000
158 000
Total tax
48 303
41 917
68 247
71 244
After tax
109 697
116 083
89 753
86 756
Living cost
25 192
25 192
25 192
25 192
Free-cash
84 505
90 891
64 561
61 564

Estimated living cost  is ₽25192 per week

₽17800
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1701
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽405
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5286
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽43830
₽28967
₽42105
₽43294
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
158 000
income
-
-
-
44 635
pensions
-
-
-
8 223
total
-
-
-
52 858
Employee
87 506
-
138 067
-
pensions
8 442
-
10 149
-
health
1 442
-
2 021
-
income
15 774
-
35 083
-
total
25 658
-
47 253
-
Employer
87 506
-
138 067
-
pensions
10 332
-
17 309
-
health
1 662
-
2 623
-
total
11 994
-
19 932
-
Corporate
58 500
158 000
-
-
income

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

11 116
30 020
-
-
total
11 116
30 020
-
-
Dividends
47 384
127 980
-
-
withholding
3 554
24 027
-
-
total
3 554
24 027
-
-
Income
158 000
158 000
158 000
158 000
Total tax
52 322
54 047
67 185
52 858
After tax
105 678
103 953
90 815
105 142
Living cost
61 848
61 848
61 848
61 848
Free-cash
43 830
42 105
28 967
43 294

Estimated living cost  is ₽61848 per week

₽46344
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽7267
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽503
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7735
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽118276
₽119154
₽122674
₽113052
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
158 000
health
-
-
-
3 804
income
-
-
-
23 700
pensions

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

-
-
-
4 896
unemployment
-
-
-
132
total
-
-
-
32 532
Employee
16 441
-
151 510
-
accident

We are using the highest rate at 1.1%.

181
-
364
-
pensions

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

1 443
-
2 904
-
health
756
-
1 522
-
income
1 644
-
15 151
-
total
4 024
-
19 941
-
Employer
16 441
-
151 510
-
pensions

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

1 812
-
3 645
-
health
1 135
-
2 282
-
unemployment
98
-
198
-
accident

We are using the highest rate at 1.1%.

181
-
364
-
total
3 226
-
6 489
-
Corporate
138 333
158 000
-
-
income
13 833
15 800
-
-
total
13 833
15 800
-
-
Dividends
124 500
142 200
-
-
withholding
6 225
7 110
-
-
total
6 225
7 110
-
-
Income
158 000
158 000
158 000
158 000
Total tax
27 308
22 910
26 430
32 532
After tax
130 692
135 090
131 570
125 468
Living cost
12 416
12 416
12 416
12 416
Free-cash
118 276
122 674
119 154
113 052

Estimated living cost  is ₽12416 per week

₽7249
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽887
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽329
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3952
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽28052
₽45362
₽25671
₽35398
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
158 000
health
-
-
-
11 658
income
-
-
-
47 441
pensions
-
-
-
11 077
total
-
-
-
70 176
Employee
87 655
80 737
140 430
-
pensions
11 077
11 077
11 077
-
health
10 935
10 541
11 658
-
income

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

13 215
13 215
19 906
-
total
35 227
34 833
42 641
-
Employer
87 655
80 737
140 430
-
pensions
6 100
5 619
6 985
-
health
6 091
5 612
6 974
-
unemployment
3 156
2 907
3 612
-
total
15 347
14 138
17 571
-
Corporate
54 998
63 125
-
-
income
11 000
12 626
-
-
total
11 000
12 626
-
-
Dividends
43 998
50 499
-
-
income
9 349
10 731
-
-
withholding
6 599
7 575
-
-
total
15 948
18 306
-
-
Income
158 000
158 000
158 000
158 000
Total tax
77 522
79 903
60 212
70 176
After tax
80 478
78 097
97 788
87 824
Living cost
52 426
52 426
52 426
52 426
Free-cash
28 052
25 671
45 362
35 398

Estimated living cost  is ₽52426 per week

₽38673
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4683
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽601
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8470
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Amsterdam model

Close
Brno , Czech Republic
₽76935
₽57207
₽85310
₽63987
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
158 000
social contributions
-
-
-
33 776
health
-
-
-
21 330
income
-
-
-
15 434
solidarity contribution
-
-
-
-
total
-
-
-
70 540
Employee
34 519
-
118 424
-
solidarity contribution
-
-
-
-
health
4 660
-
15 987
-
social contributions
2 244
-
7 519
-
income
4 142
-
14 238
-
total
11 046
-
37 744
-
Employer
34 519
-
118 424
-
health
3 107
-
10 658
-
social contributions
8 630
-
28 918
-
total
11 737
-
39 576
-
Corporate
111 745
158 000
-
-
income
21 232
30 020
-
-
total
21 232
30 020
-
-
Dividends
90 514
127 980
-
-
withholding
13 577
19 197
-
-
total
13 577
19 197
-
-
Income
158 000
158 000
158 000
158 000
Total tax
57 592
49 217
77 320
70 540
After tax
100 408
108 783
80 680
87 460
Living cost
23 473
23 473
23 473
23 473
Free-cash
76 935
85 310
57 207
63 987

Estimated living cost  is ₽23473 per week

₽16304
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1670
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.
₽5037
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽39470
₽28980
₽44405
₽36119
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
158 000
social contributions
-
-
-
40 638
municipal
-
-
-
938
regional
-
-
-
1 856
national
-
-
-
38 555
total
-
-
-
81 987
Employee
84 025
-
158 000
-
regional
793
-
1 637
-
municipal
445
-
838
-
national
14 560
-
33 373
-
social contributions
28 333
-
53 278
-
total
44 131
-
89 126
-
Employer
84 025
-
158 000
-
total
-
-
-
-
Corporate
73 975
158 000
-
-
municipal
2 885
6 161
-
-
nationa
17 753
37 920
-
-
total
20 638
44 081
-
-
Dividends
53 336
113 919
-
-
withholding
13 867
29 620
-
-
total
13 867
29 620
-
-
Income
158 000
158 000
158 000
158 000
Total tax
78 636
73 701
89 126
81 987
After tax
79 364
84 299
68 874
76 013
Living cost
39 894
39 894
39 894
39 894
Free-cash
39 470
44 405
28 980
36 119

Estimated living cost  is ₽39894 per week

₽27810
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2616
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽612
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8856
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Milan model

Close
Thessaloniki , Greece
₽75576
₽48156
₽78520
₽54017
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
158 000
health
-
-
-
8 958
income
-
-
-
42 339
surtax
-
-
-
6 371
pensions
-
-
-
25 237
other
-
-
-
-
unemployment
-
-
-
215
total
-
-
-
83 120
Employee
31 265
-
131 439
-
unemployment
2 176
-
8 782
-
pensions
2 085
-
8 416
-
health
798
-
3 217
-
income
5 241
-
36 683
-
other
-
-
-
-
surtax
102
-
5 323
-
total
10 402
-
62 421
-
Employer
31 265
-
131 439
-
pensions
4 168
-
16 820
-
other
-
-
-
-
health
1 423
-
5 741
-
unemployment
990
-
3 999
-
total
6 581
-
26 560
-
Corporate
120 154
158 000
-
-
income
31 240
41 079
-
-
total
31 240
41 079
-
-
Dividends
88 914
116 921
-
-
withholding
13 338
17 538
-
-
total
13 338
17 538
-
-
Income
158 000
158 000
158 000
158 000
Total tax
61 561
58 617
88 981
83 120
After tax
96 439
99 383
69 019
74 880
Living cost
20 863
20 863
20 863
20 863
Free-cash
75 576
78 520
48 156
54 017

Estimated living cost  is ₽20863 per week

₽12756
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1925
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽481
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5700
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽67810
₽48562
₽61700
₽62889
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
158 000
income
-
-
-
44 635
pensions
-
-
-
8 223
total
-
-
-
52 858
Employee
58 644
-
138 067
-
pensions
4 978
-
10 149
-
health
851
-
2 021
-
income
10 562
-
35 083
-
total
16 391
-
47 253
-
Employer
58 644
-
138 067
-
pensions
6 348
-
17 309
-
health
1 114
-
2 623
-
total
7 462
-
19 932
-
Corporate
91 894
158 000
-
-
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.

17 460
30 020
-
-
total
17 460
30 020
-
-
Dividends
74 434
127 980
-
-
withholding
6 624
24 027
-
-
total
6 624
24 027
-
-
Income
158 000
158 000
158 000
158 000
Total tax
47 937
54 047
67 185
52 858
After tax
110 063
103 953
90 815
105 142
Living cost
42 253
42 253
42 253
42 253
Free-cash
67 810
61 700
48 562
62 889

Estimated living cost  is ₽42253 per week

₽31656
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3167
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽442
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6988
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽29194
₽45856
-₽3005
₽53534
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
158 000
health
-
-
-
356
pensions
-
-
-
14 535
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.

-
-
-
3 160
regional
-
-
-
7 381
city
-
-
-
1 666
national
-
-
-
2 113
total
-
-
-
29 211
Employee
88 068
-
141 418
-
unemployment
-
-
-
-
pensions
7 399
-
11 879
-
regional
2 884
-
6 398
-
national
417
-
1 748
-
health
199
-
319
-
city
945
-
1 519
-
total
11 844
-
21 863
-
Employer
88 068
-
141 418
-
pensions
7 399
-
11 879
-
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.

1 761
-
2 828
-
health
199
-
319
-
unemployment
-
-
-
-
total
9 359
-
15 026
-
Corporate
59 605
158 000
-
-
regional
12 606
33 417
-
-
national
5 066
13 429
-
-
total
17 672
46 846
-
-
Dividends
41 933
111 154
-
-
withholding
14 676
38 904
-
-
total
14 676
38 904
-
-
Income
158 000
158 000
158 000
158 000
Total tax
53 551
85 750
36 889
29 211
After tax
104 449
72 250
121 111
128 789
Living cost
75 255
75 255
75 255
75 255
Free-cash
29 194
-3 005
45 856
53 534

Estimated living cost  is ₽75255 per week

₽48937
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽6753
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽924
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽18640
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽50098
₽57703
₽34765
₽38145
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
158 000
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.

-
-
-
6 459
trade
-
-
-
19 558
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.

-
-
-
47 893
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.

-
-
-
2 634
total
-
-
-
76 544
Employee

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

56 820
-
158 000
-
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.

6 459
-
6 459
-
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.

6 681
-
47 893
-
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.

368
-
2 634
-
total
13 508
-
56 986
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
101 180
158 000
-
-
income
15 177
23 701
-
-
chamber of commerce
285
366
-
-
surtax

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

834
1 304
-
-
trade
17 353
27 097
-
-
total
33 649
52 468
-
-
Dividends
67 531
105 532
-
-
surtax

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

910
1 432
-
-
withholding
16 524
26 024
-
-
total
17 434
27 456
-
-
Income
158 000
158 000
158 000
158 000
Total tax
64 591
79 924
56 986
76 544
After tax
93 409
78 076
101 014
81 456
Living cost
43 311
43 311
43 311
43 311
Free-cash
50 098
34 765
57 703
38 145

Estimated living cost  is ₽43311 per week

₽31633
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3465
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽563
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7652
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details 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
₽52871
₽55424
₽47287
₽56828
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
158 000
social contributions
-
-
-
4 503
health
-
-
-
6 416
income
-
-
-
24 021
surtax
-
-
-
-
pensions
-
-
-
28 987
other
-
-
-
4 898
total
-
-
-
68 825
Employee
40 464
-
122 908
-
pensions
4 575
-
8 287
-
social contributions
1 154
-
3 502
-
income
2 388
-
23 347
-
surtax
-
-
-
-
total
8 117
-
35 136
-
Employer
40 464
-
122 908
-
pensions
6 647
-
13 997
-
other
1 396
-
4 683
-
health
2 833
-
11 066
-
unemployment
1 638
-
4 977
-
social contributions
122
-
370
-
total
12 636
-
35 093
-
Corporate
104 900
158 000
-
-
income
29 372
44 240
-
-
surtax
-
-
-
-
total
29 372
44 240
-
-
Dividends
75 528
113 760
-
-
surtax
-
-
-
-
social contributions
12 990
19 565
-
-
withholding
9 667
14 561
-
-
total
22 657
34 126
-
-
Income
158 000
158 000
158 000
158 000
Total tax
72 782
78 366
70 229
68 825
After tax
85 218
79 634
87 771
89 175
Living cost
32 347
32 347
32 347
32 347
Free-cash
52 871
47 287
55 424
56 828

Estimated living cost  is ₽32347 per week

₽20396
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2630
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽551
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8772
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽55742
₽58629
₽50492
₽60033
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
158 000
social contributions
-
-
-
4 503
health
-
-
-
6 416
income
-
-
-
24 021
surtax
-
-
-
-
pensions
-
-
-
28 987
other
-
-
-
4 898
total
-
-
-
68 825
Employee
36 120
-
122 908
-
pensions
4 085
-
8 287
-
social contributions
1 030
-
3 502
-
income
1 862
-
23 347
-
surtax
-
-
-
-
total
6 977
-
35 136
-
Employer
36 120
-
122 908
-
pensions
5 935
-
13 997
-
other
1 247
-
4 683
-
health
2 528
-
11 066
-
unemployment
1 462
-
4 977
-
social contributions
108
-
370
-
total
11 280
-
35 093
-
Corporate
110 601
158 000
-
-
income
30 969
44 240
-
-
surtax
-
-
-
-
total
30 969
44 240
-
-
Dividends
79 632
113 760
-
-
surtax
-
-
-
-
social contributions
13 697
19 565
-
-
withholding
10 193
14 561
-
-
total
23 890
34 126
-
-
Income
158 000
158 000
158 000
158 000
Total tax
73 116
78 366
70 229
68 825
After tax
84 884
79 634
87 771
89 175
Living cost
29 142
29 142
29 142
29 142
Free-cash
55 742
50 492
58 629
60 033

Estimated living cost  is ₽29142 per week

₽16901
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2960
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽553
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8729
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽76835
₽78411
₽76347
₽81418
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
158 000
social contributions
-
-
-
21 804
health
-
-
-
11 029
income
-
-
-
23 701
total
-
-
-
56 534
Employee
32 056
-
158 000
-
health
2 237
-
11 029
-
social contributions
4 424
-
21 804
-
income
5 347
-
26 708
-
total
12 008
-
59 541
-
Employer
32 056
-
158 000
-
total
-
-
-
-
Corporate
125 944
158 000
-
-
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%.

6 298
7 900
-
-
total
6 298
7 900
-
-
Dividends
119 646
150 100
-
-
health
8 352
10 476
-
-
social contributions
16 512
20 714
-
-
withholding
17 947
22 515
-
-
total
42 811
53 705
-
-
Income
158 000
158 000
158 000
158 000
Total tax
61 117
61 605
59 541
56 534
After tax
96 883
96 395
98 459
101 466
Living cost
20 048
20 048
20 048
20 048
Free-cash
76 835
76 347
78 411
81 418

Estimated living cost  is ₽20048 per week

₽13417
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1236
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽461
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4932
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽52726
₽8522
₽54188
₽47754
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
158 000
health
-
-
-
8 449
surtax
-
-
-
187
income
-
-
-
41 431
chamber of commerce
-
-
-
632
pensions
-
-
-
20 434
unemployment
-
-
-
5 799
total
-
-
-
76 932
Employee
47 249
37 677
124 966
-
unemployment
1 417
1 130
3 314
-
pensions
4 839
3 857
11 310
-
health
1 828
1 459
4 274
-
income
5 379
2 779
32 781
-
other
472
377
1 105
-
total
13 935
9 602
52 784
-
Employer
47 249
37 677
124 966
-
chamber of commerce
188
151
501
-
pensions
5 930
4 729
13 862
-
other
2 244
1 789
5 811
-
health
1 785
1 425
4 175
-
unemployment
1 417
1 130
3 314
-
accident
614
490
1 435
-
surtax
187
187
187
-
payroll
1 417
1 130
3 750
-
total
13 782
11 031
33 035
-
Corporate
96 968
109 292
121 378
-
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.

24 243
27 323
30 345
-
total
24 243
27 323
30 345
-
Dividends
72 725
81 969
-
-
withholding
20 000
22 542
-
-
total
20 000
22 542
-
-
Income
158 000
158 000
158 000
158 000
Total tax
71 960
70 498
116 164
76 932
After tax
86 040
87 502
41 836
81 068
Living cost
33 314
33 314
33 314
33 314
Free-cash
52 726
54 188
8 522
47 754

Estimated living cost  is ₽33314 per week

₽22219
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2842
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.
₽7706
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽39730
₽21632
₽53908
₽33971
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
158 000
social contributions
-
-
-
23 571
communal

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

-
-
-
8 067
national
-
-
-
57 919
total
-
-
-
89 557
Employee

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

67 628
-
122 377
-
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.

588
-
1 064
-
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.

5 072
-
9 179
-
national
20 792
-
43 896
-
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.

3 177
-
5 750
-
communal

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

3 527
-
6 384
-
total
33 156
-
66 273
-
Employer

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

67 628
-
122 377
-
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.

5 993
-
10 842
-
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.

4 159
-
7 527
-
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.

987
-
1 787
-
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.

879
-
1 591
-
surtax
7 668
-
13 876
-
total
19 686
-
35 623
-
Corporate
70 686
158 000
-
-
income
14 138
31 601
-
-
surtax
283
632
-
-
total
14 421
32 233
-
-
Dividends
56 265
125 768
-
-
withholding

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

16 535
37 387
-
-
total
16 535
37 387
-
-
Income
158 000
158 000
158 000
158 000
Total tax
83 798
69 620
101 896
89 557
After tax
74 202
88 380
56 104
68 443
Living cost
34 472
34 472
34 472
34 472
Free-cash
39 730
53 908
21 632
33 971

Estimated living cost  is ₽34472 per week

₽22205
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3014
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.
₽8714
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽64635
₽50654
₽71276
₽54620
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
158 000
accident
-
-
-
789
income
-
-
-
42 946
pensions
-
-
-
24 799
other
-
-
-
88
unemployment
-
-
-
614
total
-
-
-
69 236
Employee
47 062
-
130 063
-
unemployment
730
-
1 358
-
pensions
2 212
-
4 119
-
income
9 930
-
39 700
-
other
47
-
88
-
total
12 919
-
45 265
-
Employer
47 062
-
130 063
-
pensions
11 106
-
20 681
-
other
375
-
702
-
unemployment
2 589
-
4 819
-
accident
931
-
1 735
-
total
15 001
-
27 937
-
Corporate
95 937
158 000
-
-
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.

14 391
23 701
-
-
total
14 391
23 701
-
-
Dividends
81 546
134 299
-
-
withholding
16 910
28 879
-
-
total
16 910
28 879
-
-
Income
158 000
158 000
158 000
158 000
Total tax
59 221
52 580
73 202
69 236
After tax
98 779
105 420
84 798
88 764
Living cost
34 144
34 144
34 144
34 144
Free-cash
64 635
71 276
50 654
54 620

Estimated living cost  is ₽34144 per week

₽25143
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2422
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽492
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6086
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽29891
₽33990
₽41581
₽27694
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
158 000
accident
-
-
-
1 331
health
-
-
-
11 100
income
-
-
-
24 994
surtax
-
-
-
7 833
pensions
-
-
-
23 683
communal
-
-
-
9 986
total
-
-
-
78 927
Employee
71 598
-
141 133
-
pensions
5 727
-
11 291
-
health
3 186
-
6 281
-
income
6 916
-
29 542
-
surtax
4 389
-
8 650
-
total
20 218
-
55 764
-
Employer
71 598
-
141 133
-
pensions
5 727
-
11 291
-
health
2 183
-
4 306
-
accident
644
-
1 270
-
total
8 554
-
16 867
-
Corporate
77 848
158 000
-
-
income
11 676
23 701
-
-
communal
5 255
10 664
-
-
surtax
818
1 660
-
-
total
17 749
36 025
-
-
Dividends
60 098
121 975
-
-
income
21 195
10 718
-
-
withholding
9 014
18 297
-
-
total
30 209
29 015
-
-
Income
158 000
158 000
158 000
158 000
Total tax
76 730
65 040
72 631
78 927
After tax
81 270
92 960
85 369
79 073
Living cost
51 379
51 379
51 379
51 379
Free-cash
29 891
41 581
33 990
27 694

Estimated living cost  is ₽51379 per week

₽38542
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3113
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.
₽9179
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽75137
₽47783
₽78147
₽53644
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
158 000
health
-
-
-
8 958
income
-
-
-
42 339
surtax
-
-
-
6 371
pensions
-
-
-
25 237
other
-
-
-
-
unemployment
-
-
-
215
total
-
-
-
83 120
Employee
31 839
-
131 439
-
unemployment
2 216
-
8 782
-
pensions
2 124
-
8 416
-
health
813
-
3 217
-
income
5 338
-
36 683
-
other
-
-
-
-
surtax
113
-
5 323
-
total
10 604
-
62 421
-
Employer
31 839
-
131 439
-
pensions
4 245
-
16 820
-
other
-
-
-
-
health
1 448
-
5 741
-
unemployment
1 010
-
3 999
-
total
6 703
-
26 560
-
Corporate
119 458
158 000
-
-
income
31 059
41 079
-
-
total
31 059
41 079
-
-
Dividends
88 399
116 921
-
-
withholding
13 261
17 538
-
-
total
13 261
17 538
-
-
Income
158 000
158 000
158 000
158 000
Total tax
61 627
58 617
88 981
83 120
After tax
96 373
99 383
69 019
74 880
Living cost
21 236
21 236
21 236
21 236
Free-cash
75 137
78 147
47 783
53 644

Estimated living cost  is ₽21236 per week

₽12821
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1846
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽493
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6077
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽55480
₽42918
₽57581
₽50019
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
158 000
social contributions
-
-
-
40 638
municipal
-
-
-
938
regional
-
-
-
2 382
national
-
-
-
38 555
total
-
-
-
82 513
Employee
52 445
-
158 000
-
regional
706
-
2 125
-
municipal
278
-
838
-
national
8 309
-
33 373
-
social contributions
17 685
-
53 278
-
total
26 978
-
89 614
-
Employer
52 445
-
158 000
-
total
-
-
-
-
Corporate
105 555
158 000
-
-
municipal
5 246
7 853
-
-
nationa
25 334
37 920
-
-
total
30 580
45 773
-
-
Dividends
74 975
112 227
-
-
withholding
19 494
29 178
-
-
total
19 494
29 178
-
-
Income
158 000
158 000
158 000
158 000
Total tax
77 052
74 951
89 614
82 513
After tax
80 948
83 049
68 386
75 487
Living cost
25 468
25 468
25 468
25 468
Free-cash
55 480
57 581
42 918
50 019

Estimated living cost  is ₽25468 per week

₽15839
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2580
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.
₽6613
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽69541
₽51756
₽79859
₽58536
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
158 000
social contributions
-
-
-
33 776
health
-
-
-
21 330
income
-
-
-
15 434
solidarity contribution
-
-
-
-
total
-
-
-
70 540
Employee
42 536
-
118 424
-
solidarity contribution
-
-
-
-
health
5 742
-
15 987
-
social contributions
2 765
-
7 519
-
income
5 104
-
14 238
-
total
13 611
-
37 744
-
Employer
42 536
-
118 424
-
health
3 828
-
10 658
-
social contributions
10 634
-
28 918
-
total
14 462
-
39 576
-
Corporate
101 002
158 000
-
-
income
19 190
30 020
-
-
total
19 190
30 020
-
-
Dividends
81 812
127 980
-
-
withholding
12 272
19 197
-
-
total
12 272
19 197
-
-
Income
158 000
158 000
158 000
158 000
Total tax
59 535
49 217
77 320
70 540
After tax
98 465
108 783
80 680
87 460
Living cost
28 924
28 924
28 924
28 924
Free-cash
69 541
79 859
51 756
58 536

Estimated living cost  is ₽28924 per week

₽21510
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1602
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽500
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5312
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽56971
₽11733
₽57441
₽51092
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
158 000
health
-
-
-
8 449
surtax
-
-
-
-
income
-
-
-
41 431
chamber of commerce
-
-
-
632
pensions
-
-
-
20 434
unemployment
-
-
-
5 799
total
-
-
-
76 745
Employee
41 328
37 677
125 142
-
unemployment
1 240
1 130
3 314
-
pensions
4 232
3 857
11 310
-
health
1 599
1 459
4 274
-
income
3 682
2 779
32 855
-
other
413
377
1 105
-
total
11 166
9 602
52 858
-
Employer
41 328
37 677
125 142
-
chamber of commerce
165
151
501
-
pensions
5 187
4 729
13 862
-
other
1 963
1 789
5 818
-
health
1 563
1 425
4 175
-
unemployment
1 240
1 130
3 314
-
accident
536
490
1 435
-
surtax
-
-
-
-
payroll
1 240
1 130
3 753
-
total
11 894
10 844
32 858
-
Corporate
104 778
109 479
121 553
-
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.

26 195
27 370
30 388
-
total
26 195
27 370
30 388
-
Dividends
78 584
82 109
-
-
withholding
21 611
22 580
-
-
total
21 611
22 580
-
-
Income
158 000
158 000
158 000
158 000
Total tax
70 866
70 396
116 104
76 745
After tax
87 134
87 604
41 896
81 255
Living cost
30 163
30 163
30 163
30 163
Free-cash
56 971
57 441
11 733
51 092

Estimated living cost  is ₽30163 per week

₽18094
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3081
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽538
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8451
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽135690
₽114265
₽137965
₽144285
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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%.

-
-
-
158 000
microenterprise

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

-
-
-
1 580
total
-
-
-
1 580
Employee
15 169
-
158 000
-
income
3 034
-
31 600
-
total
3 034
-
31 600
-
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%.

142 831
158 000
-
-
total
-
-
-
-
Dividends
142 831
158 000
-
-
withholding
7 141
7 900
-
-
total
7 141
7 900
-
-
Income
158 000
158 000
158 000
158 000
Total tax
10 175
7 900
31 600
1 580
After tax
147 825
150 100
126 400
156 420
Living cost
12 135
12 135
12 135
12 135
Free-cash
135 690
137 965
114 265
144 285

Estimated living cost  is ₽12135 per week

₽8212
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽509
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽407
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3006
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽75515
₽48055
₽83423
₽52241
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
158 000
health
-
-
-
15 546
income
-
-
-
35 761
pensions
-
-
-
28 856
unemployment
-
-
-
237
total
-
-
-
80 400
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.

41 808
-
136 712
-
unemployment
59
-
192
-
pensions
6 481
-
21 191
-
health
2 700
-
8 831
-
income
7 210
-
33 084
-
total
16 450
-
63 298
-
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.

41 808
-
136 712
-
pensions
3 700
-
12 100
-
health
2 785
-
9 105
-
unemployment
25
-
83
-
total
6 510
-
21 288
-
Corporate
109 683
158 000
-
-
income
20 839
30 020
-
-
total
20 839
30 020
-
-
Dividends
88 844
127 980
-
-
withholding
13 327
19 198
-
-
total
13 327
19 198
-
-
Income
158 000
158 000
158 000
158 000
Total tax
57 126
49 218
84 586
80 400
After tax
100 874
108 782
73 414
77 600
Living cost
25 359
25 359
25 359
25 359
Free-cash
75 515
83 423
48 055
52 241

Estimated living cost  is ₽25359 per week

₽17403
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1626
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽492
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5840
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽9502
₽104235
₽54924
₽67988
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
158 000
social contributions
-
-
-
18 012
income
-
-
-
30 797
total
-
-
-
48 809
Employee
59 079
-
-
-
social contributions
4 845
-
690
-
income
13 032
-
-
-
total
17 877
-
690
-
Employer
59 079
-
-
-
social contributions
83 302
-
11 872
-
total
83 302
-
11 872
-
Corporate
15 619
158 000
-
-
income
3 436
34 760
-
-
total
3 436
34 760
-
-
Dividends
12 183
123 240
-
-
income
2 680
27 113
-
-
total
2 680
27 113
-
-
Income
158 000
158 000
158 000
158 000
Total tax
107 295
61 873
12 562
48 809
After tax
50 705
96 127
145 438
109 191
Living cost
41 203
41 203
41 203
41 203
Free-cash
9 502
54 924
104 235
67 988

Estimated living cost  is ₽41203 per week

₽26734
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3875
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽525
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10069
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽59263
₽43529
₽60215
₽55306
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
158 000
social contributions

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

-
-
-
54 905
income
-
-
-
18 133
surtax
-
-
-
-
total
-
-
-
73 038
Employee
43 483
-
127 677
-
social contributions
4 783
-
14 045
-
income
9 045
-
40 447
-
surtax
-
-
-
-
total
13 828
-
54 492
-
Employer
43 483
-
127 677
-
social contributions
10 327
-
30 323
-
total
10 327
-
30 323
-
Corporate
104 190
158 000
-
-
income
21 880
33 179
-
-
surtax
-
-
-
-
total
21 880
33 179
-
-
Dividends
82 310
124 821
-
-
withholding
23 046
34 950
-
-
total
23 046
34 950
-
-
Income
158 000
158 000
158 000
158 000
Total tax
69 081
68 129
84 815
73 038
After tax
88 919
89 871
73 185
84 962
Living cost
29 656
29 656
29 656
29 656
Free-cash
59 263
60 215
43 529
55 306

Estimated living cost  is ₽29656 per week

₽22188
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.
₽495
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5223
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽40465
₽42107
₽33970
₽43511
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
158 000
social contributions
-
-
-
4 503
health
-
-
-
6 416
income
-
-
-
24 021
surtax
-
-
-
-
pensions
-
-
-
28 987
other
-
-
-
4 898
total
-
-
-
68 825
Employee
59 215
-
122 908
-
pensions
6 698
-
8 287
-
social contributions
1 687
-
3 502
-
income
5 167
-
23 347
-
surtax
-
-
-
-
total
13 552
-
35 136
-
Employer
59 215
-
122 908
-
pensions
9 730
-
13 997
-
other
2 044
-
4 683
-
health
4 145
-
11 066
-
unemployment
2 399
-
4 977
-
social contributions
178
-
370
-
total
18 496
-
35 093
-
Corporate
80 291
158 000
-
-
income
22 481
44 240
-
-
surtax
-
-
-
-
total
22 481
44 240
-
-
Dividends
57 810
113 760
-
-
surtax
-
-
-
-
social contributions
9 943
19 565
-
-
withholding
7 399
14 561
-
-
total
17 342
34 126
-
-
Income
158 000
158 000
158 000
158 000
Total tax
71 871
78 366
70 229
68 825
After tax
86 129
79 634
87 771
89 175
Living cost
45 664
45 664
45 664
45 664
Free-cash
40 465
33 970
42 107
43 511

Estimated living cost  is ₽45664 per week

₽30904
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3735
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽626
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10397
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽110604
₽92436
₽113781
₽88237
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
158 000
social contributions
-
-
-
34 760
income
-
-
-
6 583
total
-
-
-
41 343
Employee
30 395
-
136 797
-
social contributions
1 975
-
8 892
-
income
-
-
7 049
-
total
1 975
-
15 941
-
Employer
30 395
-
136 797
-
social contributions
4 711
-
21 203
-
total
4 711
-
21 203
-
Corporate
122 893
158 000
-
-
income
12 290
15 799
-
-
total
12 290
15 799
-
-
Dividends
110 603
142 201
-
-
total
-
-
-
-
Income
158 000
158 000
158 000
158 000
Total tax
18 976
15 799
37 144
41 343
After tax
139 024
142 201
120 856
116 657
Living cost
28 420
28 420
28 420
28 420
Free-cash
110 604
113 781
92 436
88 237

Estimated living cost  is ₽28420 per week

₽18376
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2142
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽535
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7367
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽47799
-₽47799
-₽47799
₽48180
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
158 000
municipal
-
-
-
32 663
pensions
-
-
-
819
labour market
-
-
-
12 574
national
-
-
-
18 274
total
-
-
-
64 330
Employee
192 004
192 004
192 004
-
pensions
273
273
273
-
municipal
40 886
40 886
40 886
-
national
23 457
23 457
23 457
-
labour market
15 338
15 338
15 338
-
total
79 954
79 954
79 954
-
Employer
192 004
192 004
192 004
-
municipal
40 951
40 951
40 951
-
pensions
546
546
546
-
national
23 498
23 498
23 498
-
labour market
15 360
15 360
15 360
-
total
80 355
80 355
80 355
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
158 000
158 000
158 000
158 000
Total tax
160 309
160 309
160 309
64 330
After tax
-2 309
-2 309
-2 309
93 670
Living cost
45 490
45 490
45 490
45 490
Free-cash
-47 799
-47 799
-47 799
48 180

Estimated living cost  is ₽45490 per week

₽31134
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4024
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽700
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9632
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽9617
₽64720
-₽7936
₽87312
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
158 000
accident
-
-
-
242
health
-
-
-
2 086
income
-
-
-
43 291
pensions
-
-
-
3 980
other
-
-
-
355
total
-
-
-
49 954
Employee
32 616
-
141 626
-
pensions
3 673
-
7 298
-
health
3 735
-
16 216
-
income
4 475
-
32 658
-
total
11 883
-
56 172
-
Employer
32 616
-
141 626
-
pensions
5 303
-
10 539
-
unemployment
799
-
3 470
-
accident
545
-
2 365
-
total
6 647
-
16 374
-
Corporate
118 737
158 000
-
-
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.

106 863
142 200
-
-
total
106 863
142 200
-
-
Dividends
11 874
15 800
-
-
withholding
2 256
3 002
-
-
total
2 256
3 002
-
-
Income
158 000
158 000
158 000
158 000
Total tax
127 649
145 202
72 546
49 954
After tax
30 351
12 798
85 454
108 046
Living cost
20 734
20 734
20 734
20 734
Free-cash
9 617
-7 936
64 720
87 312

Estimated living cost  is ₽20734 per week

₽15092
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1182
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽389
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4071
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽65409
₽47131
₽63238
₽66851
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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

-
-
-
158 000
health
-
-
-
2 038
municipal
-
-
-
28 073
national
-
-
-
24 740
total
-
-
-
54 851
Employee
49 742
-
132 918
-
unemployment
746
-
1 993
-
pensions
3 357
-
8 973
-
municipal
8 147
-
21 654
-
national
822
-
15 218
-
health
371
-
1 652
-
total
13 443
-
49 490
-
Employer
49 742
-
132 918
-
pensions
8 630
-
23 060
-
health
382
-
1 023
-
unemployment
323
-
865
-
accident
50
-
133
-
total
9 385
-
25 081
-
Corporate
98 873
158 000
-
-
income
19 775
31 601
-
-
total
19 775
31 601
-
-
Dividends

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

59 323
94 800
-
-
national
3 011
9 799
-
-
municipal
10 679
17 064
-
-
total
13 690
26 863
-
-
Income
158 000
158 000
158 000
158 000
Total tax
56 293
58 464
74 571
54 851
After tax
101 707
99 536
83 429
103 149
Living cost
36 298
36 298
36 298
36 298
Free-cash
65 409
63 238
47 131
66 851

Estimated living cost  is ₽36298 per week

₽23710
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3491
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽578
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8520
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽88256
₽85119
₽93399
₽86530
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
158 000
social contributions
-
-
-
15 297
health
-
-
-
4 030
income
-
-
-
30 253
total
-
-
-
49 580
Employee
72 700
72 700
147 140
-
health
563
1 236
2 501
-
social contributions
2 749
6 034
8 138
-
income
7 916
6 730
29 492
-
total
11 228
14 000
40 131
-
Employer
72 700
72 700
147 140
-
health
612
1 346
2 722
-
social contributions
2 749
6 034
8 138
-
total
3 361
7 380
10 860
-
Corporate
121 522
77 920
-
-
income
15 189
9 741
-
-
total
15 189
9 741
-
-
Dividends
106 333
68 180
-
-
withholding
18 076
11 590
-
-
total
18 076
11 590
-
-
Income
158 000
158 000
158 000
158 000
Total tax
47 854
42 711
50 991
49 580
After tax
110 146
115 289
107 009
108 420
Living cost
21 890
21 890
21 890
21 890
Free-cash
88 256
93 399
85 119
86 530

Estimated living cost  is ₽21890 per week

₽13119
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2148
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽484
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6140
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽111018
₽98558
₽115829
₽117521
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
158 000
health
-
-
-
3 421
income
-
-
-
16 006
pensions
-
-
-
6 014
unemployment
-
-
-
27
total
-
-
-
25 468
Employee

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

21 701
-
148 760
-
unemployment
108
-
449
-
pensions
3 255
-
13 456
-
health
1 844
-
7 625
-
income
1 484
-
13 661
-
total
6 691
-
35 191
-
Employer

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

21 701
-
148 760
-
pensions
1 193
-
4 934
-
health
933
-
3 857
-
unemployment
108
-
449
-
total
2 234
-
9 240
-
Corporate
134 065
158 000
-
-
income
12 066
14 221
-
-
total
12 066
14 221
-
-
Dividends
121 999
143 779
-
-
withholding
10 980
12 939
-
-
total
10 980
12 939
-
-
Income
158 000
158 000
158 000
158 000
Total tax
31 971
27 160
44 431
25 468
After tax
126 029
130 840
113 569
132 532
Living cost
15 011
15 011
15 011
15 011
Free-cash
111 018
115 829
98 558
117 521

Estimated living cost  is ₽15011 per week

₽9577
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1082
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽447
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3904
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽75245
₽58799
₽79421
₽62765
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
158 000
accident
-
-
-
789
income
-
-
-
42 946
pensions
-
-
-
24 799
other
-
-
-
88
unemployment
-
-
-
614
total
-
-
-
69 236
Employee
34 959
-
130 063
-
unemployment
542
-
1 358
-
pensions
1 643
-
4 119
-
income
6 740
-
39 700
-
other
34
-
88
-
total
8 959
-
45 265
-
Employer
34 959
-
130 063
-
pensions
8 250
-
20 681
-
other
280
-
702
-
unemployment
1 923
-
4 819
-
accident
693
-
1 735
-
total
11 146
-
27 937
-
Corporate
111 896
158 000
-
-
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.

16 784
23 701
-
-
total
16 784
23 701
-
-
Dividends
95 112
134 299
-
-
withholding
19 867
28 879
-
-
total
19 867
28 879
-
-
Income
158 000
158 000
158 000
158 000
Total tax
56 756
52 580
73 202
69 236
After tax
101 244
105 420
84 798
88 764
Living cost
25 999
25 999
25 999
25 999
Free-cash
75 245
79 421
58 799
62 765

Estimated living cost  is ₽25999 per week

₽17549
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2499
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽456
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5496
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽96438
₽99632
₽96741
₽99762
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
158 000
health
-
-
-
979
income
-
-
-
54 058
pensions
-
-
-
1 350
total
-
-
-
56 387
Employee
2 819
-
156 481
-
unemployment
28
-
68
-
pensions
254
-
607
-
health
141
-
337
-
income
545
-
53 987
-
total
968
-
54 999
-
Employer
2 819
-
156 481
-
pensions
310
-
742
-
health
268
-
641
-
unemployment
56
-
135
-
total
634
-
1 518
-
Corporate
154 547
158 000
-
-
income
34 000
34 760
-
-
total
34 000
34 760
-
-
Dividends
120 547
123 240
-
-
withholding
24 109
24 648
-
-
total
24 109
24 648
-
-
Income
158 000
158 000
158 000
158 000
Total tax
59 711
59 408
56 517
56 387
After tax
98 289
98 592
101 483
101 613
Living cost
1 851
1 851
1 851
1 851
Free-cash
96 438
96 741
99 632
99 762

Estimated living cost  is ₽1851 per week

₽1100
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽150
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽42
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽558
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽93163
₽79704
₽97812
₽79704
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
158 000
health
-
-
-
7 194
income
-
-
-
35 552
pensions
-
-
-
18 159
unemployment
-
-
-
1 048
total
-
-
-
61 953
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.

24 644
-
145 499
-
unemployment
185
-
524
-
pensions
3 450
-
9 778
-
health
1 269
-
3 597
-
income
3 397
-
35 552
-
total
8 301
-
49 451
-
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.

24 644
-
145 499
-
pensions
2 957
-
8 381
-
health
1 269
-
3 597
-
unemployment
185
-
524
-
total
4 411
-
12 502
-
Corporate
128 944
158 000
-
-
income
19 342
23 700
-
-
total
19 342
23 700
-
-
Dividends
109 603
134 300
-
-
withholding
16 440
20 145
-
-
total
16 440
20 145
-
-
Income
158 000
158 000
158 000
158 000
Total tax
48 494
43 845
61 953
61 953
After tax
109 506
114 155
96 047
96 047
Living cost
16 343
16 343
16 343
16 343
Free-cash
93 163
97 812
79 704
79 704

Estimated living cost  is ₽16343 per week

₽11004
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1264
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽473
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3602
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽64042
₽47696
₽64382
₽59473
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
158 000
social contributions

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

-
-
-
54 905
income
-
-
-
18 133
surtax
-
-
-
-
total
-
-
-
73 038
Employee
36 695
-
127 677
-
social contributions
4 037
-
14 045
-
income
7 170
-
40 447
-
surtax
-
-
-
-
total
11 207
-
54 492
-
Employer
36 695
-
127 677
-
social contributions
8 714
-
30 323
-
total
8 714
-
30 323
-
Corporate
112 591
158 000
-
-
income
23 643
33 179
-
-
surtax
-
-
-
-
total
23 643
33 179
-
-
Dividends
88 947
124 821
-
-
withholding
24 905
34 950
-
-
total
24 905
34 950
-
-
Income
158 000
158 000
158 000
158 000
Total tax
68 469
68 129
84 815
73 038
After tax
89 531
89 871
73 185
84 962
Living cost
25 489
25 489
25 489
25 489
Free-cash
64 042
64 382
47 696
59 473

Estimated living cost  is ₽25489 per week

₽18053
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1771
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽452
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5214
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽65875
₽51571
₽72193
₽55537
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
158 000
accident
-
-
-
789
income
-
-
-
42 946
pensions
-
-
-
24 799
other
-
-
-
88
unemployment
-
-
-
614
total
-
-
-
69 236
Employee
45 661
-
130 063
-
unemployment
707
-
1 358
-
pensions
2 146
-
4 119
-
income
9 537
-
39 700
-
other
45
-
88
-
total
12 435
-
45 265
-
Employer
45 661
-
130 063
-
pensions
10 776
-
20 681
-
other
366
-
702
-
unemployment
2 512
-
4 819
-
accident
904
-
1 735
-
total
14 558
-
27 937
-
Corporate
97 781
158 000
-
-
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.

14 667
23 701
-
-
total
14 667
23 701
-
-
Dividends
83 114
134 299
-
-
withholding
17 238
28 879
-
-
total
17 238
28 879
-
-
Income
158 000
158 000
158 000
158 000
Total tax
58 898
52 580
73 202
69 236
After tax
99 102
105 420
84 798
88 764
Living cost
33 227
33 227
33 227
33 227
Free-cash
65 875
72 193
51 571
55 537

Estimated living cost  is ₽33227 per week

₽23862
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2584
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽468
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6314
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽113029
₽115280
₽118800
₽109178
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
158 000
health
-
-
-
3 804
income
-
-
-
23 700
pensions

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

-
-
-
4 896
unemployment
-
-
-
132
total
-
-
-
32 532
Employee
21 571
-
151 510
-
accident

We are using the highest rate at 1.1%.

237
-
364
-
pensions

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

1 894
-
2 904
-
health
992
-
1 522
-
income
2 157
-
15 151
-
total
5 280
-
19 941
-
Employer
21 571
-
151 510
-
pensions

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

2 377
-
3 645
-
health
1 489
-
2 282
-
unemployment
130
-
198
-
accident

We are using the highest rate at 1.1%.

237
-
364
-
total
4 233
-
6 489
-
Corporate
132 197
158 000
-
-
income
13 219
15 800
-
-
total
13 219
15 800
-
-
Dividends
118 978
142 200
-
-
withholding
5 949
7 110
-
-
total
5 949
7 110
-
-
Income
158 000
158 000
158 000
158 000
Total tax
28 681
22 910
26 430
32 532
After tax
129 319
135 090
131 570
125 468
Living cost
16 290
16 290
16 290
16 290
Free-cash
113 029
118 800
115 280
109 178

Estimated living cost  is ₽16290 per week

₽10774
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽933
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽389
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4195
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽57194
₽64513
₽44825
₽48148
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
158 000
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.

-
-
-
6 459
trade
-
-
-
16 365
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.

-
-
-
47 893
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.

-
-
-
2 634
total
-
-
-
73 351
Employee

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

47 042
-
158 000
-
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.

6 459
-
6 459
-
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.

3 868
-
47 893
-
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.

214
-
2 634
-
total
10 541
-
56 986
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
110 958
158 000
-
-
income
16 644
23 701
-
-
chamber of commerce
307
375
-
-
surtax

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

915
1 304
-
-
trade
15 923
22 673
-
-
total
33 789
48 053
-
-
Dividends
77 169
109 947
-
-
surtax

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

1 041
1 493
-
-
withholding
18 934
27 128
-
-
total
19 975
28 621
-
-
Income
158 000
158 000
158 000
158 000
Total tax
64 305
76 674
56 986
73 351
After tax
93 695
81 326
101 014
84 649
Living cost
36 501
36 501
36 501
36 501
Free-cash
57 194
44 825
64 513
48 148

Estimated living cost  is ₽36501 per week

₽25179
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3927
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽529
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6864
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽58830
₽30408
₽56743
₽30408
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
158 000
social contributions
-
-
-
26 163
income
-
-
-
47 572
total
-
-
-
73 735
Employee
73 955
-
158 000
-
social contributions
6 144
-
26 163
-
income
13 955
-
47 572
-
total
20 099
-
73 735
-
Employer
73 955
-
158 000
-
total
-
-
-
-
Corporate
84 045
158 000
-
-
income
10 505
19 750
-
-
total
10 505
19 750
-
-
Dividends
73 540
138 250
-
-
withholding
14 709
27 650
-
-
total
14 709
27 650
-
-
Income
158 000
158 000
158 000
158 000
Total tax
45 313
47 400
73 735
73 735
After tax
112 687
110 600
84 265
84 265
Living cost
53 857
53 857
53 857
53 857
Free-cash
58 830
56 743
30 408
30 408

Estimated living cost  is ₽53857 per week

₽40973
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4389
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽515
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7980
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽66689
₽78543
₽63385
₽90923
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
158 000
income
-
-
-
26 912
health

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

-
-
-
5 845
total
-
-
-
32 757
Employee
43 371
-
153 651
-
social contributions
4 345
-
4 349
-
income
4 706
-
36 439
-
total
9 051
-
40 788
-
Employer
43 371
-
153 651
-
social contributions
4 345
-
4 349
-
total
4 345
-
4 349
-
Corporate
110 283
158 000
-
-
income
38 600
55 300
-
-
total
38 600
55 300
-
-
Dividends
71 683
102 700
-
-
social contributions
4 995
4 995
-
-
total
4 995
4 995
-
-
Income
158 000
158 000
158 000
158 000
Total tax
56 991
60 295
45 137
32 757
After tax
101 009
97 705
112 863
125 243
Living cost
34 320
34 320
34 320
34 320
Free-cash
66 689
63 385
78 543
90 923

Estimated living cost  is ₽34320 per week

₽22606
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2706
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽526
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8481
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽75078
₽56465
₽69603
₽70792
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
158 000
income
-
-
-
44 635
pensions
-
-
-
8 223
total
-
-
-
52 858
Employee
47 151
-
138 067
-
pensions
3 599
-
10 149
-
health
615
-
2 021
-
income
8 587
-
35 083
-
total
12 801
-
47 253
-
Employer
47 151
-
138 067
-
pensions
4 764
-
17 309
-
health
896
-
2 623
-
total
5 660
-
19 932
-
Corporate
105 190
158 000
-
-
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.

19 986
30 020
-
-
total
19 986
30 020
-
-
Dividends
85 204
127 980
-
-
withholding
10 125
24 027
-
-
total
10 125
24 027
-
-
Income
158 000
158 000
158 000
158 000
Total tax
48 572
54 047
67 185
52 858
After tax
109 428
103 953
90 815
105 142
Living cost
34 350
34 350
34 350
34 350
Free-cash
75 078
69 603
56 465
70 792

Estimated living cost  is ₽34350 per week

₽23564
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3159
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽430
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7195
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details

Additional information

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

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

Source of data for Edinburgh model

Close
Warsaw , Poland
₽9303
₽62667
-₽9989
₽85259
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
158 000
accident
-
-
-
242
health
-
-
-
2 086
income
-
-
-
43 291
pensions
-
-
-
3 980
other
-
-
-
355
total
-
-
-
49 954
Employee
35 845
-
141 626
-
pensions
4 036
-
7 298
-
health
4 104
-
16 216
-
income
4 918
-
32 658
-
total
13 058
-
56 172
-
Employer
35 845
-
141 626
-
pensions
5 828
-
10 539
-
unemployment
878
-
3 470
-
accident
599
-
2 365
-
total
7 305
-
16 374
-
Corporate
114 851
158 000
-
-
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.

103 365
142 200
-
-
total
103 365
142 200
-
-
Dividends
11 485
15 800
-
-
withholding
2 182
3 002
-
-
total
2 182
3 002
-
-
Income
158 000
158 000
158 000
158 000
Total tax
125 910
145 202
72 546
49 954
After tax
32 090
12 798
85 454
108 046
Living cost
22 787
22 787
22 787
22 787
Free-cash
9 303
-9 989
62 667
85 259

Estimated living cost  is ₽22787 per week

₽16723
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1328
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽459
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4277
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽115769
₽98530
₽120191
₽77748
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
158 000
income
-
-
-
25 922
health insurance
-
-
-
11 184
pensions
-
-
-
27 810
unemployment
-
-
-
1 814
work injury
-
-
-
756
total
-
-
-
67 486
Employee

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

20 425
-
158 000
-
unemployment
245
-
907
-
pensions
3 758
-
13 905
-
work injury
102
-
378
-
income
2 043
-
25 922
-
health insurance
1 511
-
5 592
-
total
7 659
-
46 704
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
137 575
158 000
-
-
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%.

1 376
1 580
-
-
total
1 376
1 580
-
-
Dividends
136 199
156 420
-
-
withholding
20 430
23 463
-
-
total
20 430
23 463
-
-
Income
158 000
158 000
158 000
158 000
Total tax
29 465
25 043
46 704
67 486
After tax
128 535
132 957
111 296
90 514
Living cost
12 766
12 766
12 766
12 766
Free-cash
115 769
120 191
98 530
77 748

Estimated living cost  is ₽12766 per week

₽7909
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽928
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽398
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3531
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽41260
₽29541
₽45559
₽36477
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
158 000
social contributions
-
-
-
40 638
municipal
-
-
-
1 057
regional
-
-
-
3 609
national
-
-
-
38 555
total
-
-
-
83 859
Employee
79 669
-
158 000
-
regional
1 203
-
3 202
-
municipal
475
-
942
-
national
13 463
-
33 373
-
social contributions
26 864
-
53 278
-
total
42 005
-
90 795
-
Employer
79 669
-
158 000
-
total
-
-
-
-
Corporate
78 331
158 000
-
-
municipal
3 775
7 616
-
-
nationa
18 799
37 920
-
-
total
22 574
45 536
-
-
Dividends
55 757
112 464
-
-
withholding
14 497
29 241
-
-
total
14 497
29 241
-
-
Income
158 000
158 000
158 000
158 000
Total tax
79 076
74 777
90 795
83 859
After tax
78 924
83 223
67 205
74 141
Living cost
37 664
37 664
37 664
37 664
Free-cash
41 260
45 559
29 541
36 477

Estimated living cost  is ₽37664 per week

₽26457
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2591
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽569
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8047
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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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