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
₽49258
₽71382
₽53861
₽60382
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
income

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

-
-
-
46 715
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.

-
-
-
2 569
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.

-
-
-
6 871
trade
-
-
-
17 521
total
-
-
-
73 676
Employee

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

38 468
-
158 000
-
surtax

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

59
-
2 569
-
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.

1 075
-
46 715
-
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.

6 871
-
6 871
-
total
8 005
-
56 155
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
119 532
158 000
-
-
income
17 929
23 701
-
-
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.

987
1 304
-
-
chamber of commerce
324
380
-
-
trade
18 826
24 884
-
-
total
38 066
50 269
-
-
Dividends
81 465
107 731
-
-
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.

1 099
1 460
-
-
withholding
19 985
26 550
-
-
total
21 084
28 010
-
-
Income
158 000
158 000
158 000
158 000
Total tax
67 155
78 279
56 155
73 676
After tax
90 845
79 721
101 845
84 324
Living cost
30 463
30 463
30 463
30 463
Free-cash
60 382
49 258
71 382
53 861

Estimated living cost  is ₽30463 per week

₽19162
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3552
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.
₽7180
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽45181
₽41539
₽40298
₽44292
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
17 113
national
-
-
-
26 519
pensions
-
-
-
18 960
total
-
-
-
64 291
Employee
82 797
-
136 590
-
municipal
10 227
-
17 725
-
pensions
3 312
-
5 464
-
national
15 847
-
27 466
-
total
29 386
-
50 655
-
Employer
82 797
-
136 590
-
pensions
6 624
-
10 927
-
social contributions
890
-
1 468
-
total
7 514
-
12 395
-
Corporate
62 225
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%.

12 445
31 600
-
-
total
12 445
31 600
-
-
Dividends
49 780
126 400
-
-
withholding
10 952
27 808
-
-
total
10 952
27 808
-
-
Income
158 000
158 000
158 000
158 000
Total tax
60 297
59 408
63 050
64 291
After tax
97 703
98 592
94 950
93 709
Living cost
53 411
53 411
53 411
53 411
Free-cash
44 292
45 181
41 539
40 298

Estimated living cost  is ₽53411 per week

₽36303
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4965
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽799
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽11344
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽105475
₽74446
₽31918
₽97227
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
income
-
-
-
26 333
surtax
-
-
-
40 290
social contributions

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

-
-
-
38 535
microenterprise
-
-
-
-
total
-
-
-
105 158
Employee
29 388
-
114 787
-
surtax
-
-
-
-
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.

3 233
-
12 627
-
income
5 231
-
22 351
-
total
8 464
-
34 978
-
Employer
29 388
-
114 787
-
social contributions

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

7 079
-
27 652
-
surtax
-
-
-
-
total
7 079
-
27 652
-
Corporate
121 533
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%.

24 306
31 601
-
-
total
24 306
31 601
-
-
Dividends

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

97 227
126 399
-
-
total
-
-
-
-
Income
158 000
158 000
158 000
158 000
Total tax
39 849
31 601
62 630
105 158
After tax
118 151
126 399
95 370
52 842
Living cost
20 924
20 924
20 924
20 924
Free-cash
97 227
105 475
74 446
31 918

Estimated living cost  is ₽20924 per week

₽13349
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1993
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽475
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5107
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽35807
₽54503
₽46430
₽29645
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
45 252
health
-
-
-
12 402
pensions
-
-
-
11 784
total
-
-
-
69 438
Employee
85 887
85 887
139 309
-
pensions
15 460
11 784
11 784
-
income

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

14 058
14 058
18 488
-
health
13 183
11 213
12 402
-
total
42 701
37 055
42 674
-
Employer
85 887
85 887
139 309
-
health
5 970
5 970
7 419
-
pensions
5 978
5 978
7 430
-
unemployment
3 092
3 092
3 842
-
total
15 040
15 040
18 691
-
Corporate
58 127
57 073
-
-
income
11 625
11 415
-
-
total
11 625
11 415
-
-
Dividends
46 502
45 658
-
-
income
9 881
9 703
-
-
withholding
6 976
6 848
-
-
total
16 857
16 551
-
-
Income
158 000
158 000
158 000
158 000
Total tax
86 223
80 061
61 365
69 438
After tax
71 777
77 939
96 635
88 562
Living cost
42 132
42 132
42 132
42 132
Free-cash
29 645
35 807
54 503
46 430

Estimated living cost  is ₽42132 per week

₽29858
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3798
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽670
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7806
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽45062
₽40402
₽41402
₽44137
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
181
other
-
-
-
10 494
unemployment
-
-
-
90
health
-
-
-
5 635
municipal
-
-
-
39 314
national
-
-
-
9 916
pensions
-
-
-
9 762
total
-
-
-
75 392
Employee
58 715
-
129 625
-
municipal
17 509
-
38 654
-
national
-
-
9 363
-
total
17 509
-
48 017
-
Employer
58 715
-
129 625
-
health
3 611
-
5 554
-
pensions
6 347
-
9 762
-
accident
117
-
181
-
unemployment
1 550
-
2 384
-
other
6 823
-
10 494
-
total
18 448
-
28 375
-
Corporate
80 837
158 000
-
-
income
17 784
34 760
-
-
total
17 784
34 760
-
-
Dividends
63 053
123 240
-
-
withholding
18 916
36 972
-
-
total
18 916
36 972
-
-
Income
158 000
158 000
158 000
158 000
Total tax
72 657
71 732
76 392
75 392
After tax
85 343
86 268
81 608
82 608
Living cost
41 206
41 206
41 206
41 206
Free-cash
44 137
45 062
40 402
41 402

Estimated living cost  is ₽41206 per week

₽27310
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4043
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.
₽9227
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽39397
₽62335
₽44035
₽53531
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
income

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

-
-
-
46 715
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.

-
-
-
2 569
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.

-
-
-
6 871
trade
-
-
-
18 300
total
-
-
-
74 455
Employee

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

51 004
-
158 000
-
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.

240
-
2 569
-
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.

4 382
-
46 715
-
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.

6 871
-
6 871
-
total
11 493
-
56 155
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
106 996
158 000
-
-
income
16 049
23 701
-
-
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.

882
1 304
-
-
chamber of commerce
305
378
-
-
trade
17 601
25 991
-
-
total
34 837
51 374
-
-
Dividends
72 159
106 626
-
-
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.

971
1 445
-
-
withholding
17 658
26 274
-
-
total
18 629
27 719
-
-
Income
158 000
158 000
158 000
158 000
Total tax
64 959
79 093
56 155
74 455
After tax
93 041
78 907
101 845
83 545
Living cost
39 510
39 510
39 510
39 510
Free-cash
53 531
39 397
62 335
44 035

Estimated living cost  is ₽39510 per week

₽26424
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4166
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽590
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8329
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽82703
₽74890
₽76332
₽78532
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
28 745
social contributions
-
-
-
16 273
health
-
-
-
4 029
total
-
-
-
49 047
Employee
77 337
77 337
146 630
-
social contributions
3 758
6 419
8 657
-
income
8 121
7 159
27 970
-
health
769
1 315
2 493
-
total
12 648
14 893
39 120
-
Employer
77 337
77 337
146 630
-
health
838
1 431
2 712
-
social contributions
3 758
6 419
8 657
-
total
4 596
7 850
11 369
-
Corporate
108 134
72 813
-
-
income
13 517
9 102
-
-
total
13 517
9 102
-
-
Dividends
94 618
63 711
-
-
withholding
16 086
10 831
-
-
total
16 086
10 831
-
-
Income
158 000
158 000
158 000
158 000
Total tax
46 847
42 676
50 489
49 047
After tax
111 153
115 324
107 511
108 953
Living cost
32 621
32 621
32 621
32 621
Free-cash
78 532
82 703
74 890
76 332

Estimated living cost  is ₽32621 per week

₽22300
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2548
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽548
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7226
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽70344
₽73139
₽91000
₽70728
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
19 315
unemployment
-
-
-
2 370
health
-
-
-
11 060
pensions
-
-
-
15 800
total
-
-
-
48 545
Employee

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

The minimum wage is 138,000 HUF per month.

26 641
10 603
132 218
-
unemployment
400
159
1 983
-
pensions
2 664
1 060
13 222
-
income
3 257
1 296
16 164
-
health
1 865
742
9 255
-
total
8 186
3 257
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.

26 641
10 603
132 218
-
pensions
5 195
2 068
25 782
-
total
5 195
2 068
25 782
-
Corporate
126 164
145 330
-
-
income
11 355
13 080
-
-
total
11 355
13 080
-
-
Dividends
114 810
132 250
-
-
social contributions
22 267
25 668
-
-
withholding
21 814
25 128
-
-
total
44 081
50 796
-
-
Income
158 000
158 000
158 000
158 000
Total tax
68 817
69 201
66 406
48 545
After tax
89 183
88 799
91 594
109 455
Living cost
18 455
18 455
18 455
18 455
Free-cash
70 728
70 344
73 139
91 000

Estimated living cost  is ₽18455 per week

₽12594
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1510
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽369
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3982
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽102107
₽66776
₽60397
₽95860
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
21 172
health
-
-
-
20 540
pensions
-
-
-
31 599
total
-
-
-
73 311
Employee
28 531
-
118 087
-
unemployment
456
-
1 890
-
pensions
571
-
2 361
-
income
3 212
-
22 768
-
total
4 239
-
27 019
-
Employer
28 531
-
118 087
-
health
3 708
-
15 351
-
pensions
5 707
-
23 617
-
unemployment
229
-
945
-
total
9 644
-
39 913
-
Corporate
119 824
158 000
-
-
income
23 964
31 601
-
-
total
23 964
31 601
-
-
Dividends
95 860
126 399
-
-
total
-
-
-
-
Income
158 000
158 000
158 000
158 000
Total tax
37 847
31 601
66 932
73 311
After tax
120 153
126 399
91 068
84 689
Living cost
24 292
24 292
24 292
24 292
Free-cash
95 860
102 107
66 776
60 397

Estimated living cost  is ₽24292 per week

₽16662
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1447
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽489
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5695
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽9602
₽62673
₽85687
₽9362
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
257
income
-
-
-
42 822
other
-
-
-
377
health
-
-
-
2 221
pensions
-
-
-
4 236
total
-
-
-
49 913
Employee
35 237
-
140 974
-
pensions
3 968
-
7 768
-
income
4 834
-
31 992
-
health
4 035
-
16 141
-
total
12 837
-
55 901
-
Employer
35 237
-
140 974
-
pensions
5 730
-
11 218
-
accident
588
-
2 354
-
unemployment
863
-
3 454
-
total
7 181
-
17 026
-
Corporate
115 582
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.

104 024
142 200
-
-
total
104 024
142 200
-
-
Dividends
11 558
15 800
-
-
withholding
2 196
3 002
-
-
total
2 196
3 002
-
-
Income
158 000
158 000
158 000
158 000
Total tax
126 238
145 202
72 927
49 913
After tax
31 762
12 798
85 073
108 087
Living cost
22 400
22 400
22 400
22 400
Free-cash
9 362
-9 602
62 673
85 687

Estimated living cost  is ₽22400 per week

₽16417
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1241
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.
₽4275
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽141960
₽118260
₽148280
₽140434
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
10 174
-
158 000
-
income
2 035
-
31 600
-
total
2 035
-
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%.

147 826
158 000
-
-
total
-
-
-
-
Dividends
147 826
158 000
-
-
withholding
7 391
7 900
-
-
total
7 391
7 900
-
-
Income
158 000
158 000
158 000
158 000
Total tax
9 426
7 900
31 600
1 580
After tax
148 574
150 100
126 400
156 420
Living cost
8 140
8 140
8 140
8 140
Free-cash
140 434
141 960
118 260
148 280

Estimated living cost  is ₽8140 per week

₽5044
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽677
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽224
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2195
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽89282
₽63206
₽57932
₽82488
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
22 569
other
-
-
-
7 264
health
-
-
-
6 730
pensions

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

-
-
-
36 706
total
-
-
-
73 269
Employee
36 518
-
126 197
-
unemployment
365
-
1 262
-
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.

2 556
-
8 835
-
income
6 287
-
24 327
-
health
512
-
1 767
-
total
9 720
-
36 191
-
Employer
36 518
-
126 197
-
health
512
-
1 767
-
pensions

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

6 209
-
21 455
-
accident
292
-
1 010
-
unemployment
365
-
1 262
-
other
1 827
-
6 310
-
total
9 205
-
31 804
-
Corporate
112 279
158 000
-
-
income
23 579
33 181
-
-
total
23 579
33 181
-
-
Dividends
88 700
124 819
-
-
withholding
6 209
8 738
-
-
total
6 209
8 738
-
-
Income
158 000
158 000
158 000
158 000
Total tax
48 713
41 919
67 995
73 269
After tax
109 287
116 081
90 005
84 731
Living cost
26 799
26 799
26 799
26 799
Free-cash
82 488
89 282
63 206
57 932

Estimated living cost  is ₽26799 per week

₽18935
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1809
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽431
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5623
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽38518
₽24872
₽39274
₽37789
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
43 234
pensions
-
-
-
8 633
total
-
-
-
51 867
Employee
94 595
-
138 189
-
pensions
9 126
-
10 751
-
income
17 052
-
33 633
-
health
1 559
-
2 074
-
total
27 737
-
46 458
-
Employer
94 595
-
138 189
-
health
1 797
-
2 627
-
pensions
11 169
-
17 184
-
total
12 966
-
19 811
-
Corporate
50 439
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.

9 584
30 020
-
-
total
9 584
30 020
-
-
Dividends
40 855
127 980
-
-
withholding
3 065
22 603
-
-
total
3 065
22 603
-
-
Income
158 000
158 000
158 000
158 000
Total tax
53 352
52 623
66 269
51 867
After tax
104 648
105 377
91 731
106 133
Living cost
66 859
66 859
66 859
66 859
Free-cash
37 789
38 518
24 872
39 274

Estimated living cost  is ₽66859 per week

₽50099
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽7856
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.
₽8362
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽121885
₽117690
₽111702
₽117206
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
23 700
unemployment
-
-
-
141
health
-
-
-
4 046
pensions

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

-
-
-
5 206
total
-
-
-
33 093
Employee
17 485
-
151 098
-
accident

We are using the highest rate at 1.1%.

193
-
387
-
pensions

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

1 535
-
3 089
-
income
1 748
-
15 109
-
health
804
-
1 618
-
total
4 280
-
20 203
-
Employer
17 485
-
151 098
-
health
1 207
-
2 427
-
pensions

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

1 927
-
3 877
-
accident

We are using the highest rate at 1.1%.

193
-
387
-
unemployment
105
-
211
-
total
3 432
-
6 902
-
Corporate
137 084
158 000
-
-
income
13 708
15 800
-
-
total
13 708
15 800
-
-
Dividends
123 376
142 200
-
-
withholding
6 169
7 110
-
-
total
6 169
7 110
-
-
Income
158 000
158 000
158 000
158 000
Total tax
27 589
22 910
27 105
33 093
After tax
130 411
135 090
130 895
124 907
Living cost
13 205
13 205
13 205
13 205
Free-cash
117 206
121 885
117 690
111 702

Estimated living cost  is ₽13205 per week

₽7709
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽943
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽350
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4203
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽22169
₽40865
₽32792
₽24699
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
45 252
health
-
-
-
12 402
pensions
-
-
-
11 784
total
-
-
-
69 438
Employee
93 245
85 887
139 309
-
pensions
11 784
11 784
11 784
-
income

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

14 058
14 058
18 488
-
health
11 633
11 213
12 402
-
total
37 475
37 055
42 674
-
Employer
93 245
85 887
139 309
-
health
6 480
5 970
7 419
-
pensions
6 489
5 978
7 430
-
unemployment
3 357
3 092
3 842
-
total
16 326
15 040
18 691
-
Corporate
48 428
57 073
-
-
income
9 686
11 415
-
-
total
9 686
11 415
-
-
Dividends
38 742
45 658
-
-
income
8 232
9 703
-
-
withholding
5 812
6 848
-
-
total
14 044
16 551
-
-
Income
158 000
158 000
158 000
158 000
Total tax
77 531
80 061
61 365
69 438
After tax
80 469
77 939
96 635
88 562
Living cost
55 770
55 770
55 770
55 770
Free-cash
24 699
22 169
40 865
32 792

Estimated living cost  is ₽55770 per week

₽41140
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4981
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽639
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9010
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽83790
₽55186
₽60607
₽74873
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
15 106
social contributions
-
-
-
35 964
solidarity contribution
-
-
-
-
health
-
-
-
21 330
total
-
-
-
72 400
Employee
36 754
-
117 910
-
solidarity contribution
-
-
-
-
social contributions
2 389
-
7 664
-
income
4 411
-
14 149
-
health
4 962
-
15 918
-
total
11 762
-
37 731
-
Employer
36 754
-
117 910
-
health
3 308
-
10 612
-
social contributions
9 189
-
29 478
-
total
12 497
-
40 090
-
Corporate
108 749
158 000
-
-
income
20 662
30 020
-
-
total
20 662
30 020
-
-
Dividends
88 087
127 980
-
-
withholding
13 213
19 197
-
-
total
13 213
19 197
-
-
Income
158 000
158 000
158 000
158 000
Total tax
58 134
49 217
77 821
72 400
After tax
99 866
108 783
80 179
85 600
Living cost
24 993
24 993
24 993
24 993
Free-cash
74 873
83 790
55 186
60 607

Estimated living cost  is ₽24993 per week

₽17360
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1778
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.
₽5363
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽41860
₽27048
₽34195
₽36611
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
regional
-
-
-
1 844
municipal
-
-
-
939
national
-
-
-
37 945
total
-
-
-
81 366
Employee
89 385
-
158 000
-
municipal
473
-
838
-
national
15 488
-
32 771
-
regional
843
-
1 626
-
social contributions
30 141
-
53 278
-
total
46 945
-
88 513
-
Employer
89 385
-
158 000
-
total
-
-
-
-
Corporate
68 615
158 000
-
-
municipal
2 676
6 163
-
-
nationa
16 467
37 920
-
-
total
19 143
44 083
-
-
Dividends
49 472
113 917
-
-
withholding
12 862
29 618
-
-
total
12 862
29 618
-
-
Income
158 000
158 000
158 000
158 000
Total tax
78 950
73 701
88 513
81 366
After tax
79 050
84 299
69 487
76 634
Living cost
42 439
42 439
42 439
42 439
Free-cash
36 611
41 860
27 048
34 195

Estimated living cost  is ₽42439 per week

₽29583
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2783
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽651
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9421
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽77188
₽47092
₽52789
₽74057
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
40 504
other
-
-
-
-
surtax
-
-
-
5 909
unemployment
-
-
-
229
health
-
-
-
9 530
pensions
-
-
-
26 846
total
-
-
-
83 018
Employee
33 259
-
130 524
-
other
-
-
-
-
unemployment
2 315
-
9 085
-
pensions
2 218
-
8 705
-
surtax
109
-
5 010
-
income
5 575
-
35 109
-
health
849
-
3 329
-
total
11 066
-
61 238
-
Employer
33 259
-
130 524
-
health
1 514
-
5 940
-
pensions
4 434
-
17 399
-
unemployment
1 054
-
4 138
-
other
-
-
-
-
total
7 002
-
27 477
-
Corporate
117 740
158 000
-
-
income
30 612
41 081
-
-
total
30 612
41 081
-
-
Dividends
87 128
116 919
-
-
withholding
13 070
17 538
-
-
total
13 070
17 538
-
-
Income
158 000
158 000
158 000
158 000
Total tax
61 750
58 619
88 715
83 018
After tax
96 250
99 381
69 285
74 982
Living cost
22 193
22 193
22 193
22 193
Free-cash
74 057
77 188
47 092
52 789

Estimated living cost  is ₽22193 per week

₽13570
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2048
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽512
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6064
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽59701
₽46055
₽60457
₽64838
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
43 234
pensions
-
-
-
8 633
total
-
-
-
51 867
Employee
63 395
-
138 189
-
pensions
5 381
-
10 751
-
income
11 418
-
33 633
-
health
920
-
2 074
-
total
17 719
-
46 458
-
Employer
63 395
-
138 189
-
health
1 204
-
2 627
-
pensions
6 863
-
17 184
-
total
8 067
-
19 811
-
Corporate
86 538
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.

16 442
30 020
-
-
total
16 442
30 020
-
-
Dividends
70 096
127 980
-
-
withholding
5 258
22 603
-
-
total
5 258
22 603
-
-
Income
158 000
158 000
158 000
158 000
Total tax
47 486
52 623
66 269
51 867
After tax
110 514
105 377
91 731
106 133
Living cost
45 676
45 676
45 676
45 676
Free-cash
64 838
59 701
46 055
60 457

Estimated living cost  is ₽45676 per week

₽34220
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3424
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽478
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7554
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽7496
₽41717
₽49395
₽26624
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
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
-
-
-
7 152
health
-
-
-
356
city
-
-
-
1 665
national
-
-
-
1 991
pensions
-
-
-
14 536
total
-
-
-
28 860
Employee
93 322
-
141 418
-
unemployment
-
-
-
-
pensions
7 840
-
11 879
-
national
442
-
1 627
-
regional
3 056
-
6 171
-
city
1 002
-
1 520
-
health
211
-
317
-
total
12 551
-
21 514
-
Employer
93 322
-
141 418
-
health
211
-
317
-
pensions
7 840
-
11 879
-
unemployment
-
-
-
-
other

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

1 866
-
2 828
-
total
9 917
-
15 024
-
Corporate
53 735
158 000
-
-
regional
11 365
33 418
-
-
national
4 567
13 430
-
-
total
15 932
46 848
-
-
Dividends
37 802
111 153
-
-
withholding
13 231
38 903
-
-
total
13 231
38 903
-
-
Income
158 000
158 000
158 000
158 000
Total tax
51 631
85 751
36 538
28 860
After tax
106 369
72 249
121 462
129 140
Living cost
79 745
79 745
79 745
79 745
Free-cash
26 624
-7 496
41 717
49 395

Estimated living cost  is ₽79745 per week

₽51857
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽7156
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽979
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽19752
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽32020
₽55771
₽36693
₽48330
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
income

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

-
-
-
46 715
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.

-
-
-
2 569
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.

-
-
-
6 871
trade
-
-
-
19 078
total
-
-
-
75 233
Employee

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

60 444
-
158 000
-
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.

391
-
2 569
-
income

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

7 108
-
46 715
-
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.

6 871
-
6 871
-
total
14 370
-
56 155
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
97 556
158 000
-
-
income
14 633
23 701
-
-
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.

805
1 304
-
-
chamber of commerce
290
376
-
-
trade
16 731
27 096
-
-
total
32 459
52 477
-
-
Dividends
65 097
105 523
-
-
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.

874
1 430
-
-
withholding
15 893
25 999
-
-
total
16 767
27 429
-
-
Income
158 000
158 000
158 000
158 000
Total tax
63 596
79 906
56 155
75 233
After tax
94 404
78 094
101 845
82 767
Living cost
46 074
46 074
46 074
46 074
Free-cash
48 330
32 020
55 771
36 693

Estimated living cost  is ₽46074 per week

₽33650
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3685
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽599
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8140
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽45223
₽54557
₽54938
₽51164
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
23 170
other
-
-
-
4 897
surtax
-
-
-
-
social contributions
-
-
-
4 502
health
-
-
-
6 083
pensions
-
-
-
30 000
total
-
-
-
68 652
Employee
43 044
-
123 500
-
pensions
4 867
-
8 081
-
surtax
-
-
-
-
social contributions
1 227
-
3 519
-
income
2 540
-
22 933
-
total
8 634
-
34 533
-
Employer
43 044
-
123 500
-
health
3 014
-
10 829
-
pensions
7 071
-
13 697
-
unemployment
1 743
-
5 002
-
social contributions
130
-
370
-
other
1 485
-
4 602
-
total
13 443
-
34 500
-
Corporate
101 513
158 000
-
-
income
28 423
44 239
-
-
surtax
-
-
-
-
total
28 423
44 239
-
-
Dividends
73 091
113 761
-
-
surtax
-
-
-
-
social contributions
12 570
19 567
-
-
withholding
9 356
14 561
-
-
total
21 926
34 128
-
-
Income
158 000
158 000
158 000
158 000
Total tax
72 426
78 367
69 033
68 652
After tax
85 574
79 633
88 967
89 348
Living cost
34 410
34 410
34 410
34 410
Free-cash
51 164
45 223
54 557
54 938

Estimated living cost  is ₽34410 per week

₽21697
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2798
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽586
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9331
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽48632
₽57966
₽58347
₽54216
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
23 170
other
-
-
-
4 897
surtax
-
-
-
-
social contributions
-
-
-
4 502
health
-
-
-
6 083
pensions
-
-
-
30 000
total
-
-
-
68 652
Employee
38 423
-
123 500
-
pensions
4 346
-
8 081
-
surtax
-
-
-
-
social contributions
1 096
-
3 519
-
income
1 981
-
22 933
-
total
7 423
-
34 533
-
Employer
38 423
-
123 500
-
health
2 689
-
10 829
-
pensions
6 314
-
13 697
-
unemployment
1 556
-
5 002
-
social contributions
115
-
370
-
other
1 326
-
4 602
-
total
12 000
-
34 500
-
Corporate
107 577
158 000
-
-
income
30 121
44 239
-
-
surtax
-
-
-
-
total
30 121
44 239
-
-
Dividends
77 456
113 761
-
-
surtax
-
-
-
-
social contributions
13 324
19 567
-
-
withholding
9 915
14 561
-
-
total
23 239
34 128
-
-
Income
158 000
158 000
158 000
158 000
Total tax
72 783
78 367
69 033
68 652
After tax
85 217
79 633
88 967
89 348
Living cost
31 001
31 001
31 001
31 001
Free-cash
54 216
48 632
57 966
58 347

Estimated living cost  is ₽31001 per week

₽17979
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3149
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽588
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9285
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽75067
₽77445
₽80140
₽75586
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
23 701
social contributions
-
-
-
21 804
health
-
-
-
11 028
total
-
-
-
56 533
Employee
34 101
-
158 000
-
social contributions
4 707
-
21 804
-
income
5 688
-
26 396
-
health
2 380
-
11 028
-
total
12 775
-
59 228
-
Employer
34 101
-
158 000
-
total
-
-
-
-
Corporate
123 899
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%.

6 195
7 900
-
-
total
6 195
7 900
-
-
Dividends
117 704
150 100
-
-
social contributions
16 244
20 714
-
-
withholding
17 656
22 516
-
-
health
8 217
10 476
-
-
total
42 117
53 706
-
-
Income
158 000
158 000
158 000
158 000
Total tax
61 087
61 606
59 228
56 533
After tax
96 913
96 394
98 772
101 467
Living cost
21 327
21 327
21 327
21 327
Free-cash
75 586
75 067
77 445
80 140

Estimated living cost  is ₽21327 per week

₽14272
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1315
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽491
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5247
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽52167
₽5971
₽45600
₽50608
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
39 237
surtax
-
-
-
198
unemployment
-
-
-
6 169
chamber of commerce
-
-
-
632
health
-
-
-
8 988
pensions
-
-
-
21 737
total
-
-
-
76 961
Employee
50 263
40 080
123 544
-
other
502
401
1 176
-
unemployment
1 508
1 202
3 525
-
pensions
5 147
4 103
12 032
-
income
5 722
2 956
30 927
-
health
1 945
1 552
4 546
-
total
14 824
10 214
52 206
-
Employer
50 263
40 080
123 544
-
chamber of commerce
200
160
494
-
health
1 899
1 515
4 441
-
pensions
6 308
5 031
14 746
-
accident
653
521
1 527
-
unemployment
1 508
1 202
3 525
-
surtax
198
198
198
-
payroll
1 508
1 202
3 706
-
other
2 388
1 903
5 815
-
total
14 662
11 732
34 452
-
Corporate
93 075
106 185
119 729
-
income

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

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

23 270
26 547
29 932
-
total
23 270
26 547
29 932
-
Dividends
69 806
79 639
-
-
withholding
19 197
21 901
-
-
total
19 197
21 901
-
-
Income
158 000
158 000
158 000
158 000
Total tax
71 953
70 394
116 590
76 961
After tax
86 047
87 606
41 410
81 039
Living cost
35 439
35 439
35 439
35 439
Free-cash
50 608
52 167
5 971
45 600

Estimated living cost  is ₽35439 per week

₽23636
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3023
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽582
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8197
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽51731
₽20031
₽31922
₽36649
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
communal

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

-
-
-
8 005
social contributions
-
-
-
24 581
national
-
-
-
56 821
total
-
-
-
89 407
Employee

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

71 942
-
122 374
-
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.

626
-
1 065
-
communal

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

3 752
-
6 382
-
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.

5 396
-
9 178
-
national
22 118
-
43 302
-
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.

3 380
-
5 751
-
total
35 272
-
65 678
-
Employer

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

71 942
-
122 374
-
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.

4 424
-
7 526
-
pensions

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

6 375
-
10 843
-
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.

935
-
1 590
-
unemployment

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

1 050
-
1 786
-
surtax
8 157
-
13 875
-
total
20 941
-
35 620
-
Corporate
65 117
158 000
-
-
income
13 024
31 601
-
-
surtax
260
632
-
-
total
13 284
32 233
-
-
Dividends
51 833
125 768
-
-
withholding

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

15 183
37 365
-
-
total
15 183
37 365
-
-
Income
158 000
158 000
158 000
158 000
Total tax
84 680
69 598
101 298
89 407
After tax
73 320
88 402
56 702
68 593
Living cost
36 671
36 671
36 671
36 671
Free-cash
36 649
51 731
20 031
31 922

Estimated living cost  is ₽36671 per week

₽23621
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3206
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽574
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9270
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽69226
₽48341
₽52560
₽61991
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
840
income
-
-
-
41 150
other
-
-
-
94
unemployment
-
-
-
653
pensions
-
-
-
26 381
total
-
-
-
69 118
Employee
50 064
-
128 281
-
other
50
-
94
-
unemployment
777
-
1 445
-
pensions
2 353
-
4 382
-
income
10 563
-
37 698
-
total
13 743
-
43 619
-
Employer
50 064
-
128 281
-
pensions
11 814
-
22 000
-
accident
991
-
1 846
-
unemployment
2 754
-
5 126
-
other
399
-
746
-
total
15 958
-
29 718
-
Corporate
91 979
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.

13 797
23 701
-
-
total
13 797
23 701
-
-
Dividends
78 181
134 299
-
-
withholding
16 189
28 751
-
-
total
16 189
28 751
-
-
Income
158 000
158 000
158 000
158 000
Total tax
59 687
52 452
73 337
69 118
After tax
98 313
105 548
84 663
88 882
Living cost
36 322
36 322
36 322
36 322
Free-cash
61 991
69 226
48 341
52 560

Estimated living cost  is ₽36322 per week

₽26747
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2577
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽523
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6474
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽38891
₽31905
₽25606
₽26974
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
communal
-
-
-
9 986
accident
-
-
-
1 332
income
-
-
-
23 803
surtax
-
-
-
7 833
health
-
-
-
11 102
pensions
-
-
-
23 682
total
-
-
-
77 738
Employee
76 164
-
141 134
-
pensions
6 092
-
11 291
-
surtax
4 668
-
8 650
-
income
7 357
-
28 353
-
health
3 390
-
6 279
-
total
21 507
-
54 573
-
Employer
76 164
-
141 134
-
health
2 323
-
4 304
-
pensions
6 092
-
11 291
-
accident
685
-
1 271
-
total
9 100
-
16 866
-
Corporate
72 735
158 000
-
-
communal
4 909
10 665
-
-
income
10 910
23 701
-
-
surtax
763
1 659
-
-
total
16 582
36 025
-
-
Dividends
56 154
121 975
-
-
income
20 758
10 132
-
-
withholding
8 423
18 296
-
-
total
29 181
28 428
-
-
Income
158 000
158 000
158 000
158 000
Total tax
76 370
64 453
71 439
77 738
After tax
81 630
93 547
86 561
80 262
Living cost
54 656
54 656
54 656
54 656
Free-cash
26 974
38 891
31 905
25 606

Estimated living cost  is ₽54656 per week

₽41000
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3311
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.
₽9764
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽76791
₽46695
₽52392
₽73592
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
40 504
other
-
-
-
-
surtax
-
-
-
5 909
unemployment
-
-
-
229
health
-
-
-
9 530
pensions
-
-
-
26 846
total
-
-
-
83 018
Employee
33 870
-
130 524
-
other
-
-
-
-
unemployment
2 357
-
9 085
-
pensions
2 260
-
8 705
-
surtax
120
-
5 010
-
income
5 678
-
35 109
-
health
865
-
3 329
-
total
11 280
-
61 238
-
Employer
33 870
-
130 524
-
health
1 540
-
5 940
-
pensions
4 516
-
17 399
-
unemployment
1 075
-
4 138
-
other
-
-
-
-
total
7 131
-
27 477
-
Corporate
116 999
158 000
-
-
income
30 419
41 081
-
-
total
30 419
41 081
-
-
Dividends
86 580
116 919
-
-
withholding
12 988
17 538
-
-
total
12 988
17 538
-
-
Income
158 000
158 000
158 000
158 000
Total tax
61 818
58 619
88 715
83 018
After tax
96 182
99 381
69 285
74 982
Living cost
22 590
22 590
22 590
22 590
Free-cash
73 592
76 791
46 695
52 392

Estimated living cost  is ₽22590 per week

₽13639
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1964
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.
₽6464
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽55956
₽41895
₽49002
₽53720
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
regional
-
-
-
2 383
municipal
-
-
-
939
national
-
-
-
37 945
total
-
-
-
81 905
Employee
55 790
-
158 000
-
municipal
296
-
838
-
national
8 839
-
32 771
-
regional
751
-
2 125
-
social contributions
18 813
-
53 278
-
total
28 699
-
89 012
-
Employer
55 790
-
158 000
-
total
-
-
-
-
Corporate
102 210
158 000
-
-
municipal
5 081
7 852
-
-
nationa
24 531
37 920
-
-
total
29 612
45 772
-
-
Dividends
72 598
112 228
-
-
withholding
18 876
29 179
-
-
total
18 876
29 179
-
-
Income
158 000
158 000
158 000
158 000
Total tax
77 187
74 951
89 012
81 905
After tax
80 813
83 049
68 988
76 095
Living cost
27 093
27 093
27 093
27 093
Free-cash
53 720
55 956
41 895
49 002

Estimated living cost  is ₽27093 per week

₽16849
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2745
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽464
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7035
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽77985
₽49381
₽54802
₽66998
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
15 106
social contributions
-
-
-
35 964
solidarity contribution
-
-
-
-
health
-
-
-
21 330
total
-
-
-
72 400
Employee
45 291
-
117 910
-
solidarity contribution
-
-
-
-
social contributions
2 944
-
7 664
-
income
5 435
-
14 149
-
health
6 114
-
15 918
-
total
14 493
-
37 731
-
Employer
45 291
-
117 910
-
health
4 076
-
10 612
-
social contributions
11 323
-
29 478
-
total
15 399
-
40 090
-
Corporate
97 310
158 000
-
-
income
18 489
30 020
-
-
total
18 489
30 020
-
-
Dividends
78 821
127 980
-
-
withholding
11 823
19 197
-
-
total
11 823
19 197
-
-
Income
158 000
158 000
158 000
158 000
Total tax
60 204
49 217
77 821
72 400
After tax
97 796
108 783
80 179
85 600
Living cost
30 798
30 798
30 798
30 798
Free-cash
66 998
77 985
49 381
54 802

Estimated living cost  is ₽30798 per week

₽22903
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1706
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽533
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5656
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽55628
₽9383
₽49150
₽55126
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
39 237
surtax
-
-
-
-
unemployment
-
-
-
6 169
chamber of commerce
-
-
-
632
health
-
-
-
8 988
pensions
-
-
-
21 737
total
-
-
-
76 763
Employee
43 964
40 080
123 731
-
other
439
401
1 176
-
unemployment
1 319
1 202
3 525
-
pensions
4 502
4 103
12 032
-
income
3 916
2 956
31 005
-
health
1 701
1 552
4 546
-
total
11 877
10 214
52 284
-
Employer
43 964
40 080
123 731
-
chamber of commerce
176
160
494
-
health
1 662
1 515
4 441
-
pensions
5 518
5 031
14 746
-
accident
571
521
1 527
-
unemployment
1 319
1 202
3 525
-
surtax
-
-
-
-
payroll
1 319
1 202
3 712
-
other
2 088
1 903
5 823
-
total
12 653
11 534
34 268
-
Corporate
101 384
106 384
119 914
-
income

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

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

25 346
26 596
29 978
-
total
25 346
26 596
29 978
-
Dividends
76 038
79 788
-
-
withholding
20 911
21 941
-
-
total
20 911
21 941
-
-
Income
158 000
158 000
158 000
158 000
Total tax
70 787
70 285
116 530
76 763
After tax
87 213
87 715
41 470
81 237
Living cost
32 087
32 087
32 087
32 087
Free-cash
55 126
55 628
9 383
49 150

Estimated living cost  is ₽32087 per week

₽19248
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3277
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽573
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8989
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽137416
₽113716
₽143736
₽135038
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
15 855
-
158 000
-
income
3 171
-
31 600
-
total
3 171
-
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%.

142 145
158 000
-
-
total
-
-
-
-
Dividends
142 145
158 000
-
-
withholding
7 107
7 900
-
-
total
7 107
7 900
-
-
Income
158 000
158 000
158 000
158 000
Total tax
10 278
7 900
31 600
1 580
After tax
147 722
150 100
126 400
156 420
Living cost
12 684
12 684
12 684
12 684
Free-cash
135 038
137 416
113 716
143 736

Estimated living cost  is ₽12684 per week

₽8583
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽532
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽425
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3142
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽81807
₽46977
₽51165
₽73394
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
income
-
-
-
35 221
unemployment
-
-
-
237
health
-
-
-
15 547
pensions
-
-
-
28 854
total
-
-
-
79 859
Employee

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

44 474
-
136 713
-
unemployment
63
-
191
-
pensions
6 894
-
21 191
-
income
7 670
-
32 545
-
health
2 872
-
8 833
-
total
17 499
-
62 760
-
Employer

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

44 474
-
136 713
-
health
2 962
-
9 106
-
pensions
3 936
-
12 099
-
unemployment
27
-
82
-
total
6 925
-
21 287
-
Corporate
106 601
158 000
-
-
income
20 254
30 020
-
-
total
20 254
30 020
-
-
Dividends
86 347
127 980
-
-
withholding
12 952
19 197
-
-
total
12 952
19 197
-
-
Income
158 000
158 000
158 000
158 000
Total tax
57 630
49 217
84 047
79 859
After tax
100 370
108 783
73 953
78 141
Living cost
26 976
26 976
26 976
26 976
Free-cash
73 394
81 807
46 977
51 165

Estimated living cost  is ₽26976 per week

₽18513
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1729
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽523
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6212
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽52124
₽100581
₽65188
₽3616
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
30 797
social contributions
-
-
-
18 012
total
-
-
-
48 809
Employee
63 094
-
-
-
social contributions
5 174
-
737
-
income
13 917
-
-
-
total
19 091
-
737
-
Employer
63 094
-
-
-
social contributions
88 963
-
12 679
-
total
88 963
-
12 679
-
Corporate
5 942
158 000
-
-
income
1 307
34 760
-
-
total
1 307
34 760
-
-
Dividends
4 635
123 240
-
-
income
1 020
27 113
-
-
total
1 020
27 113
-
-
Income
158 000
158 000
158 000
158 000
Total tax
110 381
61 873
13 416
48 809
After tax
47 619
96 127
144 584
109 191
Living cost
44 003
44 003
44 003
44 003
Free-cash
3 616
52 124
100 581
65 188

Estimated living cost  is ₽44003 per week

₽28551
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4138
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽561
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10753
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽58322
₽42319
₽53758
₽57309
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
income
-
-
-
17 790
surtax
-
-
-
-
social contributions

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

-
-
-
54 905
total
-
-
-
72 695
Employee
46 257
-
127 676
-
surtax
-
-
-
-
social contributions
5 088
-
14 043
-
income
9 622
-
39 767
-
total
14 710
-
53 810
-
Employer
46 257
-
127 676
-
social contributions
10 986
-
30 324
-
total
10 986
-
30 324
-
Corporate
100 758
158 000
-
-
income
21 159
33 181
-
-
surtax
-
-
-
-
total
21 159
33 181
-
-
Dividends
79 599
124 819
-
-
withholding
22 289
34 950
-
-
total
22 289
34 950
-
-
Income
158 000
158 000
158 000
158 000
Total tax
69 144
68 131
84 134
72 695
After tax
88 856
89 869
73 866
85 305
Living cost
31 547
31 547
31 547
31 547
Free-cash
57 309
58 322
42 319
53 758

Estimated living cost  is ₽31547 per week

₽23604
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1861
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽527
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5556
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽31057
₽40391
₽40772
₽37969
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
23 170
other
-
-
-
4 897
surtax
-
-
-
-
social contributions
-
-
-
4 502
health
-
-
-
6 083
pensions
-
-
-
30 000
total
-
-
-
68 652
Employee
62 992
-
123 500
-
pensions
7 125
-
8 081
-
surtax
-
-
-
-
social contributions
1 794
-
3 519
-
income
5 496
-
22 933
-
total
14 415
-
34 533
-
Employer
62 992
-
123 500
-
health
4 409
-
10 829
-
pensions
10 350
-
13 697
-
unemployment
2 552
-
5 002
-
social contributions
189
-
370
-
other
2 174
-
4 602
-
total
19 674
-
34 500
-
Corporate
75 334
158 000
-
-
income
21 094
44 239
-
-
surtax
-
-
-
-
total
21 094
44 239
-
-
Dividends
54 241
113 761
-
-
surtax
-
-
-
-
social contributions
9 329
19 567
-
-
withholding
6 943
14 561
-
-
total
16 272
34 128
-
-
Income
158 000
158 000
158 000
158 000
Total tax
71 455
78 367
69 033
68 652
After tax
86 545
79 633
88 967
89 348
Living cost
48 576
48 576
48 576
48 576
Free-cash
37 969
31 057
40 391
40 772

Estimated living cost  is ₽48576 per week

₽32876
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3974
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽666
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽11060
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽111969
₽90989
₽86793
₽108589
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
6 216
social contributions
-
-
-
34 759
total
-
-
-
40 975
Employee
32 334
-
136 797
-
income
-
-
6 684
-
social contributions
2 101
-
8 892
-
total
2 101
-
15 576
-
Employer
32 334
-
136 797
-
social contributions
5 012
-
21 203
-
total
5 012
-
21 203
-
Corporate
120 654
158 000
-
-
income
12 066
15 799
-
-
total
12 066
15 799
-
-
Dividends
108 588
142 201
-
-
total
-
-
-
-
Income
158 000
158 000
158 000
158 000
Total tax
19 179
15 799
36 779
40 975
After tax
138 821
142 201
121 221
117 025
Living cost
30 232
30 232
30 232
30 232
Free-cash
108 589
111 969
90 989
86 793

Estimated living cost  is ₽30232 per week

₽19548
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2279
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.
₽7837
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽61026
-₽61026
₽45874
-₽61026
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
labour market
-
-
-
12 570
municipal
-
-
-
32 346
national
-
-
-
17 925
pensions
-
-
-
871
total
-
-
-
63 712
Employee
204 345
204 345
204 345
-
municipal
43 514
43 514
43 514
-
labour market
16 324
16 324
16 324
-
pensions
290
290
290
-
national
24 964
24 964
24 964
-
total
85 092
85 092
85 092
-
Employer
204 345
204 345
204 345
-
national
25 008
25 008
25 008
-
labour market
16 348
16 348
16 348
-
pensions
581
581
581
-
municipal
43 583
43 583
43 583
-
total
85 520
85 520
85 520
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
158 000
158 000
158 000
158 000
Total tax
170 612
170 612
170 612
63 712
After tax
-12 612
-12 612
-12 612
94 288
Living cost
48 414
48 414
48 414
48 414
Free-cash
-61 026
-61 026
-61 026
45 874

Estimated living cost  is ₽48414 per week

₽33135
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4283
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽745
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10252
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽9272
₽63003
₽86017
₽9412
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
257
income
-
-
-
42 822
other
-
-
-
377
health
-
-
-
2 221
pensions
-
-
-
4 236
total
-
-
-
49 913
Employee
34 717
-
140 974
-
pensions
3 909
-
7 768
-
income
4 763
-
31 992
-
health
3 975
-
16 141
-
total
12 647
-
55 901
-
Employer
34 717
-
140 974
-
pensions
5 645
-
11 218
-
accident
580
-
2 354
-
unemployment
851
-
3 454
-
total
7 076
-
17 026
-
Corporate
116 207
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.

104 587
142 200
-
-
total
104 587
142 200
-
-
Dividends
11 621
15 800
-
-
withholding
2 208
3 002
-
-
total
2 208
3 002
-
-
Income
158 000
158 000
158 000
158 000
Total tax
126 518
145 202
72 927
49 913
After tax
31 482
12 798
85 073
108 087
Living cost
22 070
22 070
22 070
22 070
Free-cash
9 412
-9 272
63 003
86 017

Estimated living cost  is ₽22070 per week

₽16064
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1258
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽414
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4333
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽61581
₽45486
₽66079
₽63652
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
2 014
municipal
-
-
-
28 077
national
-
-
-
23 217
total
-
-
-
53 308
Employee
52 914
-
132 917
-
municipal
8 667
-
21 659
-
unemployment
794
-
1 994
-
pensions
3 571
-
8 972
-
national
874
-
14 564
-
health
395
-
1 628
-
total
14 301
-
48 817
-
Employer
52 914
-
132 917
-
health
407
-
1 023
-
pensions
9 180
-
23 062
-
accident
53
-
134
-
unemployment
344
-
865
-
total
9 984
-
25 084
-
Corporate
95 102
158 000
-
-
income
19 021
31 601
-
-
total
19 021
31 601
-
-
Dividends

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

57 060
94 800
-
-
municipal
10 270
17 065
-
-
national
2 159
9 140
-
-
total
12 429
26 205
-
-
Income
158 000
158 000
158 000
158 000
Total tax
55 735
57 806
73 901
53 308
After tax
102 265
100 194
84 099
104 692
Living cost
38 613
38 613
38 613
38 613
Free-cash
63 652
61 581
45 486
66 079

Estimated living cost  is ₽38613 per week

₽25222
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3714
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽615
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9064
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

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
₽92038
₽84225
₽85667
₽86566
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
28 745
social contributions
-
-
-
16 273
health
-
-
-
4 029
total
-
-
-
49 047
Employee
77 337
77 337
146 630
-
social contributions
2 924
6 419
8 657
-
income
8 421
7 159
27 970
-
health
599
1 315
2 493
-
total
11 944
14 893
39 120
-
Employer
77 337
77 337
146 630
-
health
651
1 431
2 712
-
social contributions
2 924
6 419
8 657
-
total
3 575
7 850
11 369
-
Corporate
119 195
72 813
-
-
income
14 898
9 102
-
-
total
14 898
9 102
-
-
Dividends
104 297
63 711
-
-
withholding
17 731
10 831
-
-
total
17 731
10 831
-
-
Income
158 000
158 000
158 000
158 000
Total tax
48 148
42 676
50 489
49 047
After tax
109 852
115 324
107 511
108 953
Living cost
23 286
23 286
23 286
23 286
Free-cash
86 566
92 038
84 225
85 667

Estimated living cost  is ₽23286 per week

₽13956
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2285
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.
₽6531
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Larnaca model

Close
Podgorica , Montenegro
₽114871
₽95877
₽116047
₽109756
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
income
-
-
-
15 918
unemployment
-
-
-
29
health
-
-
-
3 640
pensions
-
-
-
6 398
total
-
-
-
25 985
Employee

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

23 085
-
148 171
-
unemployment
115
-
477
-
pensions
3 462
-
14 314
-
income
1 578
-
13 423
-
health
1 962
-
8 112
-
total
7 117
-
36 326
-
Employer

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

23 085
-
148 171
-
health
992
-
4 103
-
pensions
1 269
-
5 249
-
unemployment
115
-
477
-
total
2 376
-
9 829
-
Corporate
132 538
158 000
-
-
income
11 929
14 221
-
-
total
11 929
14 221
-
-
Dividends
120 610
143 779
-
-
withholding
10 854
12 940
-
-
total
10 854
12 940
-
-
Income
158 000
158 000
158 000
158 000
Total tax
32 276
27 161
46 155
25 985
After tax
125 724
130 839
111 845
132 015
Living cost
15 968
15 968
15 968
15 968
Free-cash
109 756
114 871
95 877
116 047

Estimated living cost  is ₽15968 per week

₽10188
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1151
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽475
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4153
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽77891
₽57006
₽61225
₽73393
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
840
income
-
-
-
41 150
other
-
-
-
94
unemployment
-
-
-
653
pensions
-
-
-
26 381
total
-
-
-
69 118
Employee
37 188
-
128 281
-
other
36
-
94
-
unemployment
576
-
1 445
-
pensions
1 748
-
4 382
-
income
7 170
-
37 698
-
total
9 530
-
43 619
-
Employer
37 188
-
128 281
-
pensions
8 776
-
22 000
-
accident
737
-
1 846
-
unemployment
2 046
-
5 126
-
other
298
-
746
-
total
11 857
-
29 718
-
Corporate
108 955
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.

16 343
23 701
-
-
total
16 343
23 701
-
-
Dividends
92 612
134 299
-
-
withholding
19 220
28 751
-
-
total
19 220
28 751
-
-
Income
158 000
158 000
158 000
158 000
Total tax
56 950
52 452
73 337
69 118
After tax
101 050
105 548
84 663
88 882
Living cost
27 657
27 657
27 657
27 657
Free-cash
73 393
77 891
57 006
61 225

Estimated living cost  is ₽27657 per week

₽18668
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2659
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽485
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5846
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽96633
₽99451
₽99590
₽96312
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
53 986
health
-
-
-
1 036
pensions
-
-
-
1 429
total
-
-
-
56 451
Employee
2 983
-
156 393
-
unemployment
30
-
71
-
pensions
268
-
643
-
income
577
-
53 911
-
health
149
-
357
-
total
1 024
-
54 982
-
Employer
2 983
-
156 393
-
health
283
-
679
-
pensions
328
-
786
-
unemployment
60
-
143
-
total
671
-
1 608
-
Corporate
154 346
158 000
-
-
income
33 956
34 760
-
-
total
33 956
34 760
-
-
Dividends
120 390
123 240
-
-
withholding
24 078
24 648
-
-
total
24 078
24 648
-
-
Income
158 000
158 000
158 000
158 000
Total tax
59 729
59 408
56 590
56 451
After tax
98 271
98 592
101 410
101 549
Living cost
1 959
1 959
1 959
1 959
Free-cash
96 312
96 633
99 451
99 590

Estimated living cost  is ₽1959 per week

₽1164
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽159
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽45
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽591
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽96762
₽77213
₽77212
₽91813
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
income
-
-
-
35 299
unemployment
-
-
-
1 115
health
-
-
-
7 656
pensions
-
-
-
19 325
total
-
-
-
63 395
Employee

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

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

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

26 227
-
144 696
-
unemployment
197
-
557
-
pensions
3 672
-
10 406
-
income
3 615
-
35 299
-
health
1 351
-
3 828
-
total
8 835
-
50 090
-
Employer

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

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

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

26 227
-
144 696
-
health
1 351
-
3 828
-
pensions
3 147
-
8 919
-
unemployment
197
-
557
-
total
4 695
-
13 304
-
Corporate
127 078
158 000
-
-
income
19 062
23 700
-
-
total
19 062
23 700
-
-
Dividends
108 016
134 300
-
-
withholding
16 202
20 145
-
-
total
16 202
20 145
-
-
Income
158 000
158 000
158 000
158 000
Total tax
48 794
43 845
63 394
63 395
After tax
109 206
114 155
94 606
94 605
Living cost
17 393
17 393
17 393
17 393
Free-cash
91 813
96 762
77 213
77 212

Estimated living cost  is ₽17393 per week

₽11711
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1345
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽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.
₽3834
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽62755
₽46752
₽58191
₽62394
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
income
-
-
-
17 790
surtax
-
-
-
-
social contributions

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

-
-
-
54 905
total
-
-
-
72 695
Employee
39 035
-
127 676
-
surtax
-
-
-
-
social contributions
4 294
-
14 043
-
income
7 627
-
39 767
-
total
11 921
-
53 810
-
Employer
39 035
-
127 676
-
social contributions
9 270
-
30 324
-
total
9 270
-
30 324
-
Corporate
109 695
158 000
-
-
income
23 037
33 181
-
-
surtax
-
-
-
-
total
23 037
33 181
-
-
Dividends
86 658
124 819
-
-
withholding
24 264
34 950
-
-
total
24 264
34 950
-
-
Income
158 000
158 000
158 000
158 000
Total tax
68 492
68 131
84 134
72 695
After tax
89 508
89 869
73 866
85 305
Living cost
27 114
27 114
27 114
27 114
Free-cash
62 394
62 755
46 752
58 191

Estimated living cost  is ₽27114 per week

₽19204
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1884
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.
₽5546
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽70202
₽49317
₽53536
₽63309
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
840
income
-
-
-
41 150
other
-
-
-
94
unemployment
-
-
-
653
pensions
-
-
-
26 381
total
-
-
-
69 118
Employee
48 573
-
128 281
-
other
48
-
94
-
unemployment
752
-
1 445
-
pensions
2 283
-
4 382
-
income
10 145
-
37 698
-
total
13 228
-
43 619
-
Employer
48 573
-
128 281
-
pensions
11 463
-
22 000
-
accident
962
-
1 846
-
unemployment
2 672
-
5 126
-
other
389
-
746
-
total
15 486
-
29 718
-
Corporate
93 941
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.

14 091
23 701
-
-
total
14 091
23 701
-
-
Dividends
79 850
134 299
-
-
withholding
16 540
28 751
-
-
total
16 540
28 751
-
-
Income
158 000
158 000
158 000
158 000
Total tax
59 345
52 452
73 337
69 118
After tax
98 655
105 548
84 663
88 882
Living cost
35 346
35 346
35 346
35 346
Free-cash
63 309
70 202
49 317
53 536

Estimated living cost  is ₽35346 per week

₽25384
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2748
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽498
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6716
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽117765
₽113570
₽107582
₽111628
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
23 700
unemployment
-
-
-
141
health
-
-
-
4 046
pensions

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

-
-
-
5 206
total
-
-
-
33 093
Employee
22 941
-
151 098
-
accident

We are using the highest rate at 1.1%.

252
-
387
-
pensions

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

2 014
-
3 089
-
income
2 294
-
15 109
-
health
1 055
-
1 618
-
total
5 615
-
20 203
-
Employer
22 941
-
151 098
-
health
1 583
-
2 427
-
pensions

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

2 528
-
3 877
-
accident

We are using the highest rate at 1.1%.

252
-
387
-
unemployment
138
-
211
-
total
4 501
-
6 902
-
Corporate
130 558
158 000
-
-
income
13 056
15 800
-
-
total
13 056
15 800
-
-
Dividends
117 502
142 200
-
-
withholding
5 875
7 110
-
-
total
5 875
7 110
-
-
Income
158 000
158 000
158 000
158 000
Total tax
29 047
22 910
27 105
33 093
After tax
128 953
135 090
130 895
124 907
Living cost
17 325
17 325
17 325
17 325
Free-cash
111 628
117 765
113 570
107 582

Estimated living cost  is ₽17325 per week

₽11459
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽992
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽413
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4462
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽42517
₽63016
₽47053
₽55673
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
income

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

-
-
-
46 715
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.

-
-
-
2 569
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.

-
-
-
6 871
trade
-
-
-
15 963
total
-
-
-
72 118
Employee

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

50 042
-
158 000
-
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.

227
-
2 569
-
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.

4 115
-
46 715
-
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.

6 871
-
6 871
-
total
11 213
-
56 155
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
107 958
158 000
-
-
income
16 194
23 701
-
-
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.

891
1 304
-
-
chamber of commerce
311
384
-
-
trade
15 492
22 672
-
-
total
32 888
48 061
-
-
Dividends
75 069
109 940
-
-
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.

1 012
1 491
-
-
withholding
18 385
27 102
-
-
total
19 397
28 593
-
-
Income
158 000
158 000
158 000
158 000
Total tax
63 498
76 654
56 155
72 118
After tax
94 502
81 346
101 845
85 882
Living cost
38 829
38 829
38 829
38 829
Free-cash
55 673
42 517
63 016
47 053

Estimated living cost  is ₽38829 per week

₽26785
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4178
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.
₽7302
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽53308
₽28216
₽28216
₽55529
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
46 575
social contributions
-
-
-
25 917
total
-
-
-
72 492
Employee
78 672
-
158 000
-
income
14 845
-
46 575
-
social contributions
6 536
-
25 917
-
total
21 381
-
72 492
-
Employer
78 672
-
158 000
-
total
-
-
-
-
Corporate
79 328
158 000
-
-
income
9 915
19 750
-
-
total
9 915
19 750
-
-
Dividends
69 413
138 250
-
-
withholding
13 883
27 650
-
-
total
13 883
27 650
-
-
Income
158 000
158 000
158 000
158 000
Total tax
45 179
47 400
72 492
72 492
After tax
112 821
110 600
85 508
85 508
Living cost
57 292
57 292
57 292
57 292
Free-cash
55 529
53 308
28 216
28 216

Estimated living cost  is ₽57292 per week

₽43587
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4668
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽548
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8489
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽60877
₽77003
₽86785
₽64391
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
28 629
health

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

-
-
-
6 077
total
-
-
-
34 706
Employee
46 138
-
153 374
-
income
5 006
-
35 236
-
social contributions
4 623
-
4 626
-
total
9 629
-
39 862
-
Employer
46 138
-
153 374
-
social contributions
4 623
-
4 626
-
total
4 623
-
4 626
-
Corporate
107 240
158 000
-
-
income
37 534
55 300
-
-
total
37 534
55 300
-
-
Dividends
69 705
102 700
-
-
social contributions
5 314
5 314
-
-
total
5 314
5 314
-
-
Income
158 000
158 000
158 000
158 000
Total tax
57 100
60 614
44 488
34 706
After tax
100 900
97 386
113 512
123 294
Living cost
36 509
36 509
36 509
36 509
Free-cash
64 391
60 877
77 003
86 785

Estimated living cost  is ₽36509 per week

₽24048
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2878
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽559
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9022
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽68244
₽54598
₽69000
₽74164
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
43 234
pensions
-
-
-
8 633
total
-
-
-
51 867
Employee
50 971
-
138 189
-
pensions
3 890
-
10 751
-
income
9 282
-
33 633
-
health
665
-
2 074
-
total
13 837
-
46 458
-
Employer
50 971
-
138 189
-
health
969
-
2 627
-
pensions
5 150
-
17 184
-
total
6 119
-
19 811
-
Corporate
100 911
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.

19 172
30 020
-
-
total
19 172
30 020
-
-
Dividends
81 739
127 980
-
-
withholding
7 575
22 603
-
-
total
7 575
22 603
-
-
Income
158 000
158 000
158 000
158 000
Total tax
46 703
52 623
66 269
51 867
After tax
111 297
105 377
91 731
106 133
Living cost
37 133
37 133
37 133
37 133
Free-cash
74 164
68 244
54 598
69 000

Estimated living cost  is ₽37133 per week

₽25473
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3415
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽465
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7778
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽11457
₽60818
₽83832
₽9078
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
257
income
-
-
-
42 822
other
-
-
-
377
health
-
-
-
2 221
pensions
-
-
-
4 236
total
-
-
-
49 913
Employee
38 154
-
140 974
-
pensions
4 296
-
7 768
-
income
5 234
-
31 992
-
health
4 368
-
16 141
-
total
13 898
-
55 901
-
Employer
38 154
-
140 974
-
pensions
6 204
-
11 218
-
accident
637
-
2 354
-
unemployment
935
-
3 454
-
total
7 776
-
17 026
-
Corporate
112 071
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.

100 864
142 200
-
-
total
100 864
142 200
-
-
Dividends
11 207
15 800
-
-
withholding
2 129
3 002
-
-
total
2 129
3 002
-
-
Income
158 000
158 000
158 000
158 000
Total tax
124 667
145 202
72 927
49 913
After tax
33 333
12 798
85 073
108 087
Living cost
24 255
24 255
24 255
24 255
Free-cash
9 078
-11 457
60 818
83 832

Estimated living cost  is ₽24255 per week

₽17800
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1413
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽489
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4552
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽119368
₽96530
₽75201
₽114661
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
25 760
unemployment
-
-
-
1 896
work injury
-
-
-
790
health insurance
-
-
-
11 692
pensions
-
-
-
29 072
total
-
-
-
69 210
Employee

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

21 742
-
158 000
-
health insurance
1 609
-
5 953
-
unemployment
261
-
965
-
work injury
109
-
402
-
pensions
4 000
-
14 801
-
income
2 174
-
25 760
-
total
8 153
-
47 881
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
136 258
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%.

1 363
1 580
-
-
total
1 363
1 580
-
-
Dividends
134 896
156 420
-
-
withholding
20 234
23 463
-
-
total
20 234
23 463
-
-
Income
158 000
158 000
158 000
158 000
Total tax
29 750
25 043
47 881
69 210
After tax
128 250
132 957
110 119
88 790
Living cost
13 589
13 589
13 589
13 589
Free-cash
114 661
119 368
96 530
75 201

Estimated living cost  is ₽13589 per week

₽8418
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽987
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽424
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3759
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽43156
₽27753
₽34696
₽38580
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
regional
-
-
-
3 599
municipal
-
-
-
1 055
national
-
-
-
37 945
total
-
-
-
83 237
Employee
84 751
-
158 000
-
municipal
506
-
943
-
national
14 322
-
32 771
-
regional
1 280
-
3 188
-
social contributions
28 577
-
53 278
-
total
44 685
-
90 180
-
Employer
84 751
-
158 000
-
total
-
-
-
-
Corporate
73 249
158 000
-
-
municipal
3 531
7 615
-
-
nationa
17 580
37 920
-
-
total
21 111
45 535
-
-
Dividends
52 138
112 465
-
-
withholding
13 557
29 242
-
-
total
13 557
29 242
-
-
Income
158 000
158 000
158 000
158 000
Total tax
79 353
74 777
90 180
83 237
After tax
78 647
83 223
67 820
74 763
Living cost
40 067
40 067
40 067
40 067
Free-cash
38 580
43 156
27 753
34 696

Estimated living cost  is ₽40067 per week

₽28144
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2756
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽605
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8560
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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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