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
₽72402
₽51108
₽54429
₽61551
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
158 000
health

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

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

-
-
-
6 449
income

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

-
-
-
47 922
surtax

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

-
-
-
2 635
trade
-
-
-
17 973
total
-
-
-
74 979
Employee

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

36 105
-
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.

56
-
2 635
-
income

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

1 009
-
47 922
-
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.

6 449
-
6 449
-
total
7 514
-
57 006
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
121 895
158 000
-
-
chamber of commerce
319
371
-
-
surtax

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

1 005
1 304
-
-
trade
19 198
24 886
-
-
income
18 284
23 700
-
-
total
38 806
50 261
-
-
Dividends
83 089
107 740
-
-
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.

1 123
1 462
-
-
withholding
20 414
26 577
-
-
total
21 537
28 039
-
-
Income
158 000
158 000
158 000
158 000
Total tax
67 857
78 300
57 006
74 979
After tax
90 143
79 700
100 994
83 021
Living cost
28 592
28 592
28 592
28 592
Free-cash
61 551
51 108
72 402
54 429

Estimated living cost  is ₽28592 per week

₽17985
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3334
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽534
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6739
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

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
₽44804
₽48665
₽43564
₽47834
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
1 698
pensions
-
-
-
18 960
national
-
-
-
26 652
municipal
-
-
-
17 199
total
-
-
-
64 509
Employee
77 396
-
136 590
-
municipal
9 560
-
17 811
-
national
14 814
-
27 599
-
pensions
3 096
-
5 464
-
total
27 470
-
50 874
-
Employer
77 396
-
136 590
-
pensions
6 192
-
10 927
-
social contributions
832
-
1 468
-
total
7 024
-
12 395
-
Corporate
68 472
158 000
-
-
income

Corporate income tax will depend on a type of legal entity. For LLC and Limited Partnership it is set at 20%. All other entities pay 37.6%.

13 694
31 600
-
-
total
13 694
31 600
-
-
Dividends
54 778
126 400
-
-
withholding
12 051
27 808
-
-
total
12 051
27 808
-
-
Income
158 000
158 000
158 000
158 000
Total tax
60 239
59 408
63 269
64 509
After tax
97 761
98 592
94 731
93 491
Living cost
49 927
49 927
49 927
49 927
Free-cash
47 834
48 665
44 804
43 564

Estimated living cost  is ₽49927 per week

₽33935
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4641
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽747
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10604
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽45613
₽106761
₽34175
₽99017
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

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

-
-
-
158 000
social contributions

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

-
-
-
36 167
income
-
-
-
27 730
surtax
-
-
-
40 289
microenterprise
-
-
-
-
total
-
-
-
104 186
Employee
27 583
-
117 927
-
surtax
-
-
17 100
-
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.

3 035
-
12 375
-
income
4 910
-
23 201
-
total
7 945
-
52 676
-
Employer
27 583
-
117 927
-
surtax
-
-
12 971
-
social contributions

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

6 644
-
27 101
-
total
6 644
-
40 072
-
Corporate
123 773
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%.

24 755
31 600
-
-
total
24 755
31 600
-
-
Dividends

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

99 018
126 400
-
-
total
-
-
-
-
Income
158 000
158 000
158 000
158 000
Total tax
39 344
31 600
92 748
104 186
After tax
118 656
126 400
65 252
53 814
Living cost
19 639
19 639
19 639
19 639
Free-cash
99 017
106 761
45 613
34 175

Estimated living cost  is ₽19639 per week

₽12529
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1870
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽446
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4794
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽58272
₽38556
₽48261
₽32773
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
158 000
health
-
-
-
11 640
income
-
-
-
47 495
pensions
-
-
-
11 060
total
-
-
-
70 195
Employee
80 611
80 611
140 457
-
income

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

13 195
13 195
19 941
-
pensions
14 510
11 060
11 060
-
health
12 373
10 524
11 640
-
total
40 078
34 779
42 641
-
Employer
80 611
80 611
140 457
-
unemployment
2 902
2 902
3 606
-
health
5 603
5 603
6 963
-
pensions
5 611
5 611
6 974
-
total
14 116
14 116
17 543
-
Corporate
64 262
63 273
-
-
income
12 853
12 654
-
-
total
12 853
12 654
-
-
Dividends
51 409
50 619
-
-
income
10 924
10 757
-
-
withholding
7 712
7 594
-
-
total
18 636
18 351
-
-
Income
158 000
158 000
158 000
158 000
Total tax
85 683
79 900
60 184
70 195
After tax
72 317
78 100
97 816
87 805
Living cost
39 544
39 544
39 544
39 544
Free-cash
32 773
38 556
58 272
48 261

Estimated living cost  is ₽39544 per week

₽28024
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3565
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽629
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7327
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Rotterdam model

Close
Stockholm , Sweden
₽42176
₽47422
₽43119
₽46551
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
9 893
health
-
-
-
5 312
accident
-
-
-
170
pensions
-
-
-
9 203
national
-
-
-
11 611
unemployment
-
-
-
85
municipal
-
-
-
39 761
total
-
-
-
76 035
Employee
55 352
-
131 250
-
municipal
16 506
-
39 139
-
national
-
-
11 089
-
total
16 506
-
50 228
-
Employer
55 352
-
131 250
-
other
6 432
-
9 893
-
unemployment
1 461
-
2 248
-
health
3 404
-
5 236
-
accident
111
-
170
-
pensions
5 983
-
9 203
-
total
17 391
-
26 750
-
Corporate
85 256
158 000
-
-
income
18 756
34 760
-
-
total
18 756
34 760
-
-
Dividends
66 500
123 240
-
-
withholding
19 950
36 972
-
-
total
19 950
36 972
-
-
Income
158 000
158 000
158 000
158 000
Total tax
72 603
71 732
76 978
76 035
After tax
85 397
86 268
81 022
81 965
Living cost
38 846
38 846
38 846
38 846
Free-cash
46 551
47 422
42 176
43 119

Estimated living cost  is ₽38846 per week

₽25746
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3812
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.
₽8699
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽63911
₽41807
₽45139
₽55072
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
158 000
health

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

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

-
-
-
6 449
income

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

-
-
-
47 922
surtax

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

-
-
-
2 635
trade
-
-
-
18 772
total
-
-
-
75 778
Employee

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

47 871
-
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.

226
-
2 635
-
income

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

4 113
-
47 922
-
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.

6 449
-
6 449
-
total
10 788
-
57 006
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
110 129
158 000
-
-
chamber of commerce
299
367
-
-
surtax

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

908
1 304
-
-
trade
18 116
25 991
-
-
income
16 520
23 700
-
-
total
35 843
51 362
-
-
Dividends
74 286
106 638
-
-
surtax

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

1 001
1 447
-
-
withholding
18 213
26 301
-
-
total
19 214
27 748
-
-
Income
158 000
158 000
158 000
158 000
Total tax
65 845
79 110
57 006
75 778
After tax
92 155
78 890
100 994
82 222
Living cost
37 083
37 083
37 083
37 083
Free-cash
55 072
41 807
63 911
45 139

Estimated living cost  is ₽37083 per week

₽24801
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3911
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽554
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7817
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽76375
₽84671
₽77790
₽80758
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
158 000
social contributions
-
-
-
15 273
health
-
-
-
4 029
income
-
-
-
30 290
total
-
-
-
49 592
Employee
72 587
72 587
147 152
-
social contributions
3 527
6 024
8 126
-
income
7 622
6 719
29 531
-
health
722
1 234
2 501
-
total
11 871
13 977
40 158
-
Employer
72 587
72 587
147 152
-
health
786
1 344
2 723
-
social contributions
3 527
6 024
8 126
-
total
4 313
7 368
10 849
-
Corporate
111 198
78 046
-
-
income
13 899
9 756
-
-
total
13 899
9 756
-
-
Dividends
97 298
68 290
-
-
withholding
16 541
11 610
-
-
total
16 541
11 610
-
-
Income
158 000
158 000
158 000
158 000
Total tax
46 624
42 711
51 007
49 592
After tax
111 376
115 289
106 993
108 408
Living cost
30 618
30 618
30 618
30 618
Free-cash
80 758
84 671
76 375
77 790

Estimated living cost  is ₽30618 per week

₽20930
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2391
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽514
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6782
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽74237
₽71419
₽92098
₽71782
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
158 000
health
-
-
-
11 060
income
-
-
-
19 315
pensions
-
-
-
15 800
unemployment
-
-
-
2 370
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.

25 056
9 972
132 218
-
income
3 063
1 219
16 164
-
pensions
2 506
997
13 222
-
health
1 754
698
9 255
-
unemployment
376
150
1 983
-
total
7 699
3 064
40 624
-
Employer

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

The minimum wage is 138,000 HUF per month.

25 056
9 972
132 218
-
pensions
4 886
1 945
25 782
-
total
4 886
1 945
25 782
-
Corporate
128 058
146 084
-
-
income
11 525
13 148
-
-
total
11 525
13 148
-
-
Dividends
116 533
132 936
-
-
social contributions
22 610
25 809
-
-
withholding
22 141
25 258
-
-
total
44 751
51 067
-
-
Income
158 000
158 000
158 000
158 000
Total tax
68 861
69 224
66 406
48 545
After tax
89 139
88 776
91 594
109 455
Living cost
17 357
17 357
17 357
17 357
Free-cash
71 782
71 419
74 237
92 098

Estimated living cost  is ₽17357 per week

₽11845
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1420
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽347
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3745
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽68270
₽103600
₽61888
₽97735
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
158 000
health
-
-
-
20 540
income
-
-
-
21 172
pensions
-
-
-
31 600
total
-
-
-
73 312
Employee
26 779
-
118 087
-
income
3 015
-
22 766
-
pensions
536
-
2 361
-
unemployment
428
-
1 890
-
total
3 979
-
27 017
-
Employer
26 779
-
118 087
-
unemployment
215
-
944
-
health
3 481
-
15 352
-
pensions
5 356
-
23 617
-
total
9 052
-
39 913
-
Corporate
122 169
158 000
-
-
income
24 434
31 600
-
-
total
24 434
31 600
-
-
Dividends
97 735
126 400
-
-
total
-
-
-
-
Income
158 000
158 000
158 000
158 000
Total tax
37 465
31 600
66 930
73 312
After tax
120 535
126 400
91 070
84 688
Living cost
22 800
22 800
22 800
22 800
Free-cash
97 735
103 600
68 270
61 888

Estimated living cost  is ₽22800 per week

₽15639
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1358
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽459
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5345
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽64656
-₽8053
₽87192
₽9599
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
351
health
-
-
-
2 067
accident
-
-
-
239
income
-
-
-
43 357
pensions
-
-
-
3 943
total
-
-
-
49 957
Employee
32 799
-
141 720
-
income
4 500
-
32 754
-
pensions
3 693
-
7 231
-
health
3 756
-
16 227
-
total
11 949
-
56 212
-
Employer
32 799
-
141 720
-
unemployment
804
-
3 472
-
accident
548
-
2 367
-
pensions
5 333
-
10 442
-
total
6 685
-
16 281
-
Corporate
118 516
158 000
-
-
income

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

106 664
142 200
-
-
total
106 664
142 200
-
-
Dividends
11 852
15 800
-
-
withholding
2 252
3 002
-
-
total
2 252
3 002
-
-
Income
158 000
158 000
158 000
158 000
Total tax
127 550
145 202
72 493
49 957
After tax
30 450
12 798
85 507
108 043
Living cost
20 851
20 851
20 851
20 851
Free-cash
9 599
-8 053
64 656
87 192

Estimated living cost  is ₽20851 per week

₽15282
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1155
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽435
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3979
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽118465
₽142165
₽148485
₽140677
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
158 000
microenterprise

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

-
-
-
1 580
total
-
-
-
1 580
Employee
9 919
-
158 000
-
income
1 984
-
31 600
-
total
1 984
-
31 600
-
Employer
-
-
-
-
total
-
-
-
-
Corporate

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

148 081
158 000
-
-
total
-
-
-
-
Dividends
148 081
158 000
-
-
withholding
7 404
7 900
-
-
total
7 404
7 900
-
-
Income
158 000
158 000
158 000
158 000
Total tax
9 388
7 900
31 600
1 580
After tax
148 612
150 100
126 400
156 420
Living cost
7 935
7 935
7 935
7 935
Free-cash
140 677
142 165
118 465
148 485

Estimated living cost  is ₽7935 per week

₽4918
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽660
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽218
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2140
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽64598
₽90930
₽61654
₽84554
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
6 818
health
-
-
-
6 316
income
-
-
-
23 608
pensions

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

-
-
-
34 451
total
-
-
-
71 193
Employee
34 274
-
126 200
-
income
5 901
-
24 590
-
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.

2 399
-
8 833
-
health
480
-
1 766
-
unemployment
342
-
1 261
-
total
9 122
-
36 450
-
Employer
34 274
-
126 200
-
other
1 714
-
6 309
-
unemployment
342
-
1 261
-
health
480
-
1 766
-
accident
274
-
1 010
-
pensions

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

5 827
-
21 453
-
total
8 637
-
31 799
-
Corporate
115 088
158 000
-
-
income
24 169
33 179
-
-
total
24 169
33 179
-
-
Dividends
90 919
124 821
-
-
withholding
6 365
8 738
-
-
total
6 365
8 738
-
-
Income
158 000
158 000
158 000
158 000
Total tax
48 293
41 917
68 249
71 193
After tax
109 707
116 083
89 751
86 807
Living cost
25 153
25 153
25 153
25 153
Free-cash
84 554
90 930
64 598
61 654

Estimated living cost  is ₽25153 per week

₽17772
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1698
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽405
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5277
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽28380
₽41591
₽42718
₽42965
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
158 000
income
-
-
-
44 436
pensions
-
-
-
8 281
total
-
-
-
52 717
Employee
88 520
-
138 085
-
income
15 957
-
34 876
-
health
1 459
-
2 028
-
pensions
8 540
-
10 236
-
total
25 956
-
47 140
-
Employer
88 520
-
138 085
-
health
1 681
-
2 623
-
pensions
10 452
-
17 292
-
total
12 133
-
19 915
-
Corporate
57 347
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.

10 897
30 020
-
-
total
10 897
30 020
-
-
Dividends
46 450
127 980
-
-
withholding
3 484
23 824
-
-
total
3 484
23 824
-
-
Income
158 000
158 000
158 000
158 000
Total tax
52 470
53 844
67 055
52 717
After tax
105 530
104 156
90 945
105 283
Living cost
62 565
62 565
62 565
62 565
Free-cash
42 965
41 591
28 380
42 718

Estimated living cost  is ₽62565 per week

₽46881
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽7351
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽509
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7825
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽119261
₽122732
₽113151
₽118355
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
158 000
health
-
-
-
3 786
income
-
-
-
23 700
pensions

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

-
-
-
4 873
unemployment
-
-
-
132
total
-
-
-
32 491
Employee
16 364
-
151 541
-
income
1 636
-
15 154
-
accident

We are using the highest rate at 1.1%.

180
-
362
-
pensions

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

1 437
-
2 891
-
health
753
-
1 514
-
total
4 006
-
19 921
-
Employer
16 364
-
151 541
-
unemployment
98
-
198
-
health
1 129
-
2 272
-
accident

We are using the highest rate at 1.1%.

180
-
362
-
pensions

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

1 803
-
3 628
-
total
3 210
-
6 460
-
Corporate
138 425
158 000
-
-
income
13 842
15 800
-
-
total
13 842
15 800
-
-
Dividends
124 583
142 200
-
-
withholding
6 229
7 110
-
-
total
6 229
7 110
-
-
Income
158 000
158 000
158 000
158 000
Total tax
27 287
22 910
26 381
32 491
After tax
130 713
135 090
131 619
125 509
Living cost
12 358
12 358
12 358
12 358
Free-cash
118 355
122 732
119 261
113 151

Estimated living cost  is ₽12358 per week

₽7215
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽883
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽327
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3933
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽45472
₽25756
₽35461
₽28131
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
158 000
health
-
-
-
11 640
income
-
-
-
47 495
pensions
-
-
-
11 060
total
-
-
-
70 195
Employee
87 518
80 611
140 457
-
income

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

13 195
13 195
19 941
-
pensions
11 060
11 060
11 060
-
health
10 918
10 524
11 640
-
total
35 173
34 779
42 641
-
Employer
87 518
80 611
140 457
-
unemployment
3 151
2 902
3 606
-
health
6 082
5 603
6 963
-
pensions
6 091
5 611
6 974
-
total
15 324
14 116
17 543
-
Corporate
55 159
63 273
-
-
income
11 031
12 654
-
-
total
11 031
12 654
-
-
Dividends
44 128
50 619
-
-
income
9 378
10 757
-
-
withholding
6 619
7 594
-
-
total
15 997
18 351
-
-
Income
158 000
158 000
158 000
158 000
Total tax
77 525
79 900
60 184
70 195
After tax
80 475
78 100
97 816
87 805
Living cost
52 344
52 344
52 344
52 344
Free-cash
28 131
25 756
45 472
35 461

Estimated living cost  is ₽52344 per week

₽38613
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4675
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽600
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8457
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽57692
₽85540
₽64497
₽77249
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
158 000
social contributions
-
-
-
33 446
health
-
-
-
21 330
income
-
-
-
15 484
solidarity contribution
-
-
-
-
total
-
-
-
70 260
Employee
34 181
-
118 683
-
social contributions
2 222
-
7 445
-
solidarity contribution
-
-
-
-
income
4 102
-
14 282
-
health
4 614
-
16 022
-
total
10 938
-
37 749
-
Employer
34 181
-
118 683
-
health
3 076
-
10 681
-
social contributions
8 545
-
28 635
-
total
11 621
-
39 316
-
Corporate
112 197
158 000
-
-
income
21 317
30 020
-
-
total
21 317
30 020
-
-
Dividends
90 880
127 980
-
-
withholding
13 632
19 197
-
-
total
13 632
19 197
-
-
Income
158 000
158 000
158 000
158 000
Total tax
57 508
49 217
77 065
70 260
After tax
100 492
108 783
80 935
87 740
Living cost
23 243
23 243
23 243
23 243
Free-cash
77 249
85 540
57 692
64 497

Estimated living cost  is ₽23243 per week

₽16145
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1654
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽457
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4988
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽29026
₽44469
₽36165
₽39540
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
40 637
national
-
-
-
38 571
regional
-
-
-
1 856
municipal
-
-
-
939
total
-
-
-
82 003
Employee
83 894
-
158 000
-
social contributions
28 289
-
53 277
-
municipal
444
-
838
-
national
14 537
-
33 389
-
regional
792
-
1 638
-
total
44 062
-
89 142
-
Employer
83 894
-
158 000
-
total
-
-
-
-
Corporate
74 106
158 000
-
-
nationa
17 785
37 919
-
-
municipal
2 889
6 162
-
-
total
20 674
44 081
-
-
Dividends
53 432
113 918
-
-
withholding
13 892
29 618
-
-
total
13 892
29 618
-
-
Income
158 000
158 000
158 000
158 000
Total tax
78 628
73 699
89 142
82 003
After tax
79 372
84 301
68 858
75 997
Living cost
39 832
39 832
39 832
39 832
Free-cash
39 540
44 469
29 026
36 165

Estimated living cost  is ₽39832 per week

₽27766
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2612
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽611
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8842
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽48197
₽78554
₽54048
₽75612
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
-
health
-
-
-
8 944
income
-
-
-
42 383
pensions
-
-
-
25 197
surtax
-
-
-
6 383
unemployment
-
-
-
215
total
-
-
-
83 122
Employee
31 216
-
131 481
-
surtax
102
-
5 333
-
income
5 233
-
36 737
-
other
-
-
-
-
pensions
2 082
-
8 403
-
health
797
-
3 212
-
unemployment
2 173
-
8 769
-
total
10 387
-
62 454
-
Employer
31 216
-
131 481
-
other
-
-
-
-
unemployment
989
-
3 993
-
health
1 421
-
5 732
-
pensions
4 161
-
16 794
-
total
6 571
-
26 519
-
Corporate
120 213
158 000
-
-
income
31 256
41 079
-
-
total
31 256
41 079
-
-
Dividends
88 957
116 921
-
-
withholding
13 344
17 537
-
-
total
13 344
17 537
-
-
Income
158 000
158 000
158 000
158 000
Total tax
61 558
58 616
88 973
83 122
After tax
96 442
99 384
69 027
74 878
Living cost
20 830
20 830
20 830
20 830
Free-cash
75 612
78 554
48 197
54 048

Estimated living cost  is ₽20830 per week

₽12737
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1922
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽480
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5691
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽48202
₽61413
₽62540
₽67594
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
158 000
income
-
-
-
44 436
pensions
-
-
-
8 281
total
-
-
-
52 717
Employee
59 324
-
138 085
-
income
10 685
-
34 876
-
health
861
-
2 028
-
pensions
5 035
-
10 236
-
total
16 581
-
47 140
-
Employer
59 324
-
138 085
-
health
1 127
-
2 623
-
pensions
6 422
-
17 292
-
total
7 549
-
19 915
-
Corporate
91 127
158 000
-
-
income

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

17 314
30 020
-
-
total
17 314
30 020
-
-
Dividends
73 813
127 980
-
-
withholding
6 219
23 824
-
-
total
6 219
23 824
-
-
Income
158 000
158 000
158 000
158 000
Total tax
47 663
53 844
67 055
52 717
After tax
110 337
104 156
90 945
105 283
Living cost
42 743
42 743
42 743
42 743
Free-cash
67 594
61 413
48 202
62 540

Estimated living cost  is ₽42743 per week

₽32023
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3204
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽447
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7069
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽45065
-₽3864
₽52743
₽28704
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
3 159
health
-
-
-
356
pensions
-
-
-
14 536
city
-
-
-
1 666
national
-
-
-
2 090
regional
-
-
-
7 337
total
-
-
-
29 144
Employee
89 072
-
141 419
-
national
422
-
1 725
-
city
956
-
1 519
-
pensions
7 483
-
11 878
-
health
201
-
319
-
regional
2 917
-
6 355
-
unemployment
-
-
-
-
total
11 979
-
21 796
-
Employer
89 072
-
141 419
-
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.

1 781
-
2 829
-
unemployment
-
-
-
-
health
201
-
319
-
pensions
7 483
-
11 878
-
total
9 465
-
15 026
-
Corporate
58 483
158 000
-
-
regional
12 368
33 417
-
-
national
4 971
13 430
-
-
total
17 339
46 847
-
-
Dividends
41 143
111 153
-
-
withholding
14 400
38 904
-
-
total
14 400
38 904
-
-
Income
158 000
158 000
158 000
158 000
Total tax
53 183
85 751
36 822
29 144
After tax
104 817
72 249
121 178
128 856
Living cost
76 113
76 113
76 113
76 113
Free-cash
28 704
-3 864
45 065
52 743

Estimated living cost  is ₽76113 per week

₽49495
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽6830
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽934
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽18853
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽57750
₽34833
₽38179
₽50139
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
158 000
health

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

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

-
-
-
6 449
income

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

-
-
-
47 922
surtax

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

-
-
-
2 635
trade
-
-
-
19 571
total
-
-
-
76 577
Employee

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

56 731
-
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.

367
-
2 635
-
income

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

6 671
-
47 922
-
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.

6 449
-
6 449
-
total
13 487
-
57 006
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
101 269
158 000
-
-
chamber of commerce
287
365
-
-
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.

835
1 304
-
-
trade
17 367
27 098
-
-
income
15 191
23 700
-
-
total
33 680
52 467
-
-
Dividends
67 590
105 533
-
-
surtax

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

910
1 431
-
-
withholding
16 540
26 025
-
-
total
17 450
27 456
-
-
Income
158 000
158 000
158 000
158 000
Total tax
64 617
79 923
57 006
76 577
After tax
93 383
78 077
100 994
81 423
Living cost
43 244
43 244
43 244
43 244
Free-cash
50 139
34 833
57 750
38 179

Estimated living cost  is ₽43244 per week

₽31583
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3459
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽562
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7640
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽55453
₽47336
₽56874
₽52909
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
4 898
social contributions
-
-
-
4 502
health
-
-
-
6 424
income
-
-
-
24 043
pensions
-
-
-
28 963
surtax
-
-
-
-
total
-
-
-
68 830
Employee
40 400
-
122 888
-
surtax
-
-
-
-
social contributions
1 152
-
3 502
-
income
2 384
-
23 355
-
pensions
4 568
-
8 290
-
total
8 104
-
35 147
-
Employer
40 400
-
122 888
-
other
1 394
-
4 685
-
unemployment
1 636
-
4 976
-
health
2 829
-
11 070
-
pensions
6 637
-
14 004
-
social contributions
122
-
369
-
total
12 618
-
35 104
-
Corporate
104 983
158 000
-
-
surtax
-
-
-
-
income
29 396
44 239
-
-
total
29 396
44 239
-
-
Dividends
75 587
113 761
-
-
social contributions
13 002
19 567
-
-
surtax
-
-
-
-
withholding
9 675
14 562
-
-
total
22 677
34 129
-
-
Income
158 000
158 000
158 000
158 000
Total tax
72 795
78 368
70 251
68 830
After tax
85 205
79 632
87 749
89 170
Living cost
32 296
32 296
32 296
32 296
Free-cash
52 909
47 336
55 453
56 874

Estimated living cost  is ₽32296 per week

₽20364
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2626
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽550
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8758
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽58653
₽50536
₽60074
₽55783
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
4 898
social contributions
-
-
-
4 502
health
-
-
-
6 424
income
-
-
-
24 043
pensions
-
-
-
28 963
surtax
-
-
-
-
total
-
-
-
68 830
Employee
36 063
-
122 888
-
surtax
-
-
-
-
social contributions
1 028
-
3 502
-
income
1 859
-
23 355
-
pensions
4 079
-
8 290
-
total
6 966
-
35 147
-
Employer
36 063
-
122 888
-
other
1 245
-
4 685
-
unemployment
1 460
-
4 976
-
health
2 524
-
11 070
-
pensions
5 926
-
14 004
-
social contributions
107
-
369
-
total
11 262
-
35 104
-
Corporate
110 675
158 000
-
-
surtax
-
-
-
-
income
30 989
44 239
-
-
total
30 989
44 239
-
-
Dividends
79 686
113 761
-
-
social contributions
13 704
19 567
-
-
surtax
-
-
-
-
withholding
10 200
14 562
-
-
total
23 904
34 129
-
-
Income
158 000
158 000
158 000
158 000
Total tax
73 121
78 368
70 251
68 830
After tax
84 879
79 632
87 749
89 170
Living cost
29 096
29 096
29 096
29 096
Free-cash
55 783
50 536
58 653
60 074

Estimated living cost  is ₽29096 per week

₽16875
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2956
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽552
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8715
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽78437
₽76376
₽81451
₽76866
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
158 000
social contributions
-
-
-
21 804
health
-
-
-
11 028
income
-
-
-
23 700
total
-
-
-
56 532
Employee
32 006
-
158 000
-
social contributions
4 417
-
21 804
-
income
5 338
-
26 714
-
health
2 234
-
11 028
-
total
11 989
-
59 546
-
Employer
32 006
-
158 000
-
total
-
-
-
-
Corporate
125 994
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%.

6 300
7 900
-
-
total
6 300
7 900
-
-
Dividends
119 694
150 100
-
-
social contributions
16 518
20 713
-
-
withholding
17 955
22 516
-
-
health
8 355
10 478
-
-
total
42 828
53 707
-
-
Income
158 000
158 000
158 000
158 000
Total tax
61 117
61 607
59 546
56 532
After tax
96 883
96 393
98 454
101 468
Living cost
20 017
20 017
20 017
20 017
Free-cash
76 866
76 376
78 437
81 451

Estimated living cost  is ₽20017 per week

₽13396
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1234
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽460
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4924
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽8587
₽54240
₽47809
₽52780
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
158 000
health
-
-
-
8 435
income
-
-
-
41 484
chamber of commerce
-
-
-
632
pensions
-
-
-
20 402
surtax
-
-
-
186
unemployment
-
-
-
5 790
total
-
-
-
76 929
Employee
47 175
37 618
125 003
-
income
5 370
2 775
32 828
-
other
471
376
1 103
-
pensions
4 831
3 851
11 293
-
health
1 825
1 456
4 267
-
unemployment
1 415
1 129
3 309
-
total
13 912
9 587
52 800
-
Employer
47 175
37 618
125 003
-
other
2 241
1 786
5 811
-
unemployment
1 415
1 129
3 309
-
health
1 782
1 422
4 168
-
surtax
186
186
186
-
accident
613
489
1 433
-
pensions
5 920
4 722
13 840
-
payroll
1 415
1 129
3 749
-
chamber of commerce
188
150
500
-
total
13 760
11 013
32 996
-
Corporate
97 064
109 368
121 421
-
income

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

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

24 266
27 341
30 355
-
total
24 266
27 341
30 355
-
Dividends
72 798
82 027
-
-
withholding
20 020
22 557
-
-
total
20 020
22 557
-
-
Income
158 000
158 000
158 000
158 000
Total tax
71 958
70 498
116 151
76 929
After tax
86 042
87 502
41 849
81 071
Living cost
33 262
33 262
33 262
33 262
Free-cash
52 780
54 240
8 587
47 809

Estimated living cost  is ₽33262 per week

₽22184
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2838
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽546
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7694
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽21673
₽53964
₽34027
₽39808
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
158 000
social contributions
-
-
-
23 535
communal

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

-
-
-
8 068
national
-
-
-
57 952
total
-
-
-
89 555
Employee

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

67 523
-
122 375
-
national
20 759
-
43 910
-
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.

5 064
-
9 179
-
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.

3 172
-
5 752
-
communal

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

3 522
-
6 383
-
unemployment

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

588
-
1 064
-
total
33 105
-
66 288
-
Employer

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

67 523
-
122 375
-
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.

985
-
1 786
-
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.

4 152
-
7 525
-
surtax
7 656
-
13 876
-
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.

878
-
1 591
-
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.

5 983
-
10 843
-
total
19 654
-
35 621
-
Corporate
70 823
158 000
-
-
surtax
283
632
-
-
income
14 164
31 600
-
-
total
14 447
32 232
-
-
Dividends
56 375
125 768
-
-
withholding

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

16 568
37 386
-
-
total
16 568
37 386
-
-
Income
158 000
158 000
158 000
158 000
Total tax
83 774
69 618
101 909
89 555
After tax
74 226
88 382
56 091
68 445
Living cost
34 418
34 418
34 418
34 418
Free-cash
39 808
53 964
21 673
34 027

Estimated living cost  is ₽34418 per week

₽22170
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3009
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽539
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8701
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽50710
₽71327
₽54670
₽64702
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
88
accident
-
-
-
788
income
-
-
-
42 990
pensions
-
-
-
24 760
unemployment
-
-
-
613
total
-
-
-
69 239
Employee
46 988
-
130 107
-
income
9 914
-
39 749
-
other
47
-
88
-
pensions
2 209
-
4 113
-
unemployment
729
-
1 356
-
total
12 899
-
45 306
-
Employer
46 988
-
130 107
-
other
374
-
700
-
unemployment
2 585
-
4 812
-
accident
930
-
1 732
-
pensions
11 088
-
20 649
-
total
14 977
-
27 893
-
Corporate
96 034
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.

14 404
23 700
-
-
total
14 404
23 700
-
-
Dividends
81 630
134 300
-
-
withholding
16 927
28 882
-
-
total
16 927
28 882
-
-
Income
158 000
158 000
158 000
158 000
Total tax
59 207
52 582
73 199
69 239
After tax
98 793
105 418
84 801
88 761
Living cost
34 091
34 091
34 091
34 091
Free-cash
64 702
71 327
50 710
54 670

Estimated living cost  is ₽34091 per week

₽25104
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2418
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.
₽6076
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽34044
₽41645
₽27743
₽29962
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
158 000
health
-
-
-
11 101
accident
-
-
-
1 333
income
-
-
-
25 023
pensions
-
-
-
23 682
communal
-
-
-
9 985
surtax
-
-
-
7 834
total
-
-
-
78 958
Employee
71 486
-
141 134
-
surtax
4 382
-
8 649
-
income
6 905
-
29 571
-
pensions
5 718
-
11 291
-
health
3 181
-
6 280
-
total
20 186
-
55 791
-
Employer
71 486
-
141 134
-
health
2 180
-
4 305
-
accident
643
-
1 270
-
pensions
5 718
-
11 291
-
total
8 541
-
16 866
-
Corporate
77 973
158 000
-
-
surtax
819
1 659
-
-
income
11 696
23 700
-
-
communal
5 263
10 666
-
-
total
17 778
36 025
-
-
Dividends
60 196
121 976
-
-
income
21 206
10 734
-
-
withholding
9 028
18 297
-
-
total
30 234
29 031
-
-
Income
158 000
158 000
158 000
158 000
Total tax
76 739
65 056
72 657
78 958
After tax
81 261
92 944
85 343
79 042
Living cost
51 299
51 299
51 299
51 299
Free-cash
29 962
41 645
34 044
27 743

Estimated living cost  is ₽51299 per week

₽38482
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3108
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽543
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9165
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽47824
₽78181
₽53675
₽75176
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
-
health
-
-
-
8 944
income
-
-
-
42 383
pensions
-
-
-
25 197
surtax
-
-
-
6 383
unemployment
-
-
-
215
total
-
-
-
83 122
Employee
31 789
-
131 481
-
surtax
113
-
5 333
-
income
5 329
-
36 737
-
other
-
-
-
-
pensions
2 121
-
8 403
-
health
811
-
3 212
-
unemployment
2 212
-
8 769
-
total
10 586
-
62 454
-
Employer
31 789
-
131 481
-
other
-
-
-
-
unemployment
1 009
-
3 993
-
health
1 446
-
5 732
-
pensions
4 238
-
16 794
-
total
6 693
-
26 519
-
Corporate
119 518
158 000
-
-
income
31 075
41 079
-
-
total
31 075
41 079
-
-
Dividends
88 443
116 921
-
-
withholding
13 267
17 537
-
-
total
13 267
17 537
-
-
Income
158 000
158 000
158 000
158 000
Total tax
61 621
58 616
88 973
83 122
After tax
96 379
99 384
69 027
74 878
Living cost
21 203
21 203
21 203
21 203
Free-cash
75 176
78 181
47 824
53 675

Estimated living cost  is ₽21203 per week

₽12801
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1843
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽493
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6067
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽42943
₽57621
₽50043
₽55525
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
40 637
national
-
-
-
38 571
regional
-
-
-
2 382
municipal
-
-
-
939
total
-
-
-
82 529
Employee
52 363
-
158 000
-
social contributions
17 657
-
53 277
-
municipal
278
-
838
-
national
8 296
-
33 389
-
regional
705
-
2 125
-
total
26 936
-
89 629
-
Employer
52 363
-
158 000
-
total
-
-
-
-
Corporate
105 637
158 000
-
-
nationa
25 353
37 919
-
-
municipal
5 250
7 853
-
-
total
30 603
45 772
-
-
Dividends
75 033
112 227
-
-
withholding
19 508
29 179
-
-
total
19 508
29 179
-
-
Income
158 000
158 000
158 000
158 000
Total tax
77 047
74 951
89 629
82 529
After tax
80 953
83 049
68 371
75 471
Living cost
25 428
25 428
25 428
25 428
Free-cash
55 525
57 621
42 943
50 043

Estimated living cost  is ₽25428 per week

₽15814
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2576
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽435
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6603
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽52293
₽80141
₽59098
₽69924
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
158 000
social contributions
-
-
-
33 446
health
-
-
-
21 330
income
-
-
-
15 484
solidarity contribution
-
-
-
-
total
-
-
-
70 260
Employee
42 120
-
118 683
-
social contributions
2 738
-
7 445
-
solidarity contribution
-
-
-
-
income
5 054
-
14 282
-
health
5 686
-
16 022
-
total
13 478
-
37 749
-
Employer
42 120
-
118 683
-
health
3 791
-
10 681
-
social contributions
10 530
-
28 635
-
total
14 321
-
39 316
-
Corporate
101 559
158 000
-
-
income
19 296
30 020
-
-
total
19 296
30 020
-
-
Dividends
82 263
127 980
-
-
withholding
12 339
19 197
-
-
total
12 339
19 197
-
-
Income
158 000
158 000
158 000
158 000
Total tax
59 434
49 217
77 065
70 260
After tax
98 566
108 783
80 935
87 740
Living cost
28 642
28 642
28 642
28 642
Free-cash
69 924
80 141
52 293
59 098

Estimated living cost  is ₽28642 per week

₽21300
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1587
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽496
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5260
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽11789
₽57486
₽51141
₽57018
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
158 000
health
-
-
-
8 435
income
-
-
-
41 484
chamber of commerce
-
-
-
632
pensions
-
-
-
20 402
surtax
-
-
-
-
unemployment
-
-
-
5 790
total
-
-
-
76 743
Employee
41 264
37 618
125 175
-
income
3 676
2 775
32 900
-
other
412
376
1 103
-
pensions
4 226
3 851
11 293
-
health
1 596
1 456
4 267
-
unemployment
1 238
1 129
3 309
-
total
11 148
9 587
52 872
-
Employer
41 264
37 618
125 175
-
other
1 960
1 786
5 818
-
unemployment
1 238
1 129
3 309
-
health
1 560
1 422
4 168
-
surtax
-
-
-
-
accident
536
489
1 433
-
pensions
5 179
4 722
13 840
-
payroll
1 238
1 129
3 755
-
chamber of commerce
165
150
502
-
total
11 876
10 827
32 825
-
Corporate
104 862
109 555
121 592
-
income

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

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

26 215
27 388
30 398
-
total
26 215
27 388
30 398
-
Dividends
78 647
82 167
-
-
withholding
21 627
22 596
-
-
total
21 627
22 596
-
-
Income
158 000
158 000
158 000
158 000
Total tax
70 866
70 398
116 095
76 743
After tax
87 134
87 602
41 905
81 257
Living cost
30 116
30 116
30 116
30 116
Free-cash
57 018
57 486
11 789
51 141

Estimated living cost  is ₽30116 per week

₽18066
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3076
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽537
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8437
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽114034
₽137734
₽144054
₽135415
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
15 457
-
158 000
-
income
3 092
-
31 600
-
total
3 092
-
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%.

142 543
158 000
-
-
total
-
-
-
-
Dividends
142 543
158 000
-
-
withholding
7 127
7 900
-
-
total
7 127
7 900
-
-
Income
158 000
158 000
158 000
158 000
Total tax
10 219
7 900
31 600
1 580
After tax
147 781
150 100
126 400
156 420
Living cost
12 366
12 366
12 366
12 366
Free-cash
135 415
137 734
114 034
144 054

Estimated living cost  is ₽12366 per week

₽8368
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽519
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽415
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3064
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽48087
₽83465
₽52270
₽75569
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

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

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

-
-
-
158 000
health
-
-
-
15 547
income
-
-
-
35 773
pensions
-
-
-
28 855
unemployment
-
-
-
236
total
-
-
-
80 411
Employee

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

41 742
-
136 713
-
income
7 198
-
33 096
-
pensions
6 470
-
21 190
-
health
2 696
-
8 831
-
unemployment
59
-
192
-
total
16 423
-
63 309
-
Employer

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

41 742
-
136 713
-
unemployment
25
-
82
-
health
2 780
-
9 104
-
pensions
3 694
-
12 099
-
total
6 499
-
21 285
-
Corporate
109 758
158 000
-
-
income
20 855
30 020
-
-
total
20 855
30 020
-
-
Dividends
88 904
127 980
-
-
withholding
13 335
19 196
-
-
total
13 335
19 196
-
-
Income
158 000
158 000
158 000
158 000
Total tax
57 112
49 216
84 594
80 411
After tax
100 888
108 784
73 406
77 589
Living cost
25 319
25 319
25 319
25 319
Free-cash
75 569
83 465
48 087
52 270

Estimated living cost  is ₽25319 per week

₽17376
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1623
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽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.
₽5831
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽102306
₽53446
₽66510
₽6396
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
158 000
social contributions
-
-
-
18 012
income
-
-
-
30 797
total
-
-
-
48 809
Employee
61 198
-
-
-
social contributions
5 018
-
715
-
income
13 499
-
-
-
total
18 517
-
715
-
Employer
61 198
-
-
-
social contributions
86 289
-
12 298
-
total
86 289
-
12 298
-
Corporate
10 513
158 000
-
-
income
2 313
34 760
-
-
total
2 313
34 760
-
-
Dividends
8 200
123 240
-
-
income
1 804
27 113
-
-
total
1 804
27 113
-
-
Income
158 000
158 000
158 000
158 000
Total tax
108 923
61 873
13 013
48 809
After tax
49 077
96 127
144 987
109 191
Living cost
42 681
42 681
42 681
42 681
Free-cash
6 396
53 446
102 306
66 510

Estimated living cost  is ₽42681 per week

₽27693
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4014
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.
₽10430
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽43561
₽60263
₽55345
₽59310
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
158 000
social contributions

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

-
-
-
54 905
income
-
-
-
18 141
surtax
-
-
-
-
total
-
-
-
73 046
Employee
43 415
-
127 676
-
surtax
-
-
-
-
social contributions
4 776
-
14 044
-
income
9 030
-
40 464
-
total
13 806
-
54 508
-
Employer
43 415
-
127 676
-
social contributions
10 311
-
30 322
-
total
10 311
-
30 322
-
Corporate
104 274
158 000
-
-
surtax
-
-
-
-
income
21 898
33 179
-
-
total
21 898
33 179
-
-
Dividends
82 376
124 821
-
-
withholding
23 066
34 949
-
-
total
23 066
34 949
-
-
Income
158 000
158 000
158 000
158 000
Total tax
69 081
68 128
84 830
73 046
After tax
88 919
89 872
73 170
84 954
Living cost
29 609
29 609
29 609
29 609
Free-cash
59 310
60 263
43 561
55 345

Estimated living cost  is ₽29609 per week

₽22154
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1747
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽494
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5215
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽42157
₽34040
₽43578
₽40528
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
4 898
social contributions
-
-
-
4 502
health
-
-
-
6 424
income
-
-
-
24 043
pensions
-
-
-
28 963
surtax
-
-
-
-
total
-
-
-
68 830
Employee
59 122
-
122 888
-
surtax
-
-
-
-
social contributions
1 684
-
3 502
-
income
5 159
-
23 355
-
pensions
6 687
-
8 290
-
total
13 530
-
35 147
-
Employer
59 122
-
122 888
-
other
2 040
-
4 685
-
unemployment
2 395
-
4 976
-
health
4 138
-
11 070
-
pensions
9 715
-
14 004
-
social contributions
177
-
369
-
total
18 465
-
35 104
-
Corporate
80 412
158 000
-
-
surtax
-
-
-
-
income
22 516
44 239
-
-
total
22 516
44 239
-
-
Dividends
57 897
113 761
-
-
social contributions
9 958
19 567
-
-
surtax
-
-
-
-
withholding
7 411
14 562
-
-
total
17 369
34 129
-
-
Income
158 000
158 000
158 000
158 000
Total tax
71 880
78 368
70 251
68 830
After tax
86 120
79 632
87 749
89 170
Living cost
45 592
45 592
45 592
45 592
Free-cash
40 528
34 040
42 157
43 578

Estimated living cost  is ₽45592 per week

₽30856
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3730
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽625
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10381
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽92471
₽113825
₽88274
₽110655
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
6 592
social contributions
-
-
-
34 759
total
-
-
-
41 351
Employee
30 348
-
136 796
-
income
-
-
7 058
-
social contributions
1 972
-
8 892
-
total
1 972
-
15 950
-
Employer
30 348
-
136 796
-
social contributions
4 704
-
21 204
-
total
4 704
-
21 204
-
Corporate
122 948
158 000
-
-
income
12 294
15 800
-
-
total
12 294
15 800
-
-
Dividends
110 654
142 200
-
-
total
-
-
-
-
Income
158 000
158 000
158 000
158 000
Total tax
18 970
15 800
37 154
41 351
After tax
139 030
142 200
120 846
116 649
Living cost
28 375
28 375
28 375
28 375
Free-cash
110 655
113 825
92 471
88 274

Estimated living cost  is ₽28375 per week

₽18347
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2139
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽534
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7355
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽47409
-₽47409
₽48246
-₽47409
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
12 575
pensions
-
-
-
817
national
-
-
-
18 285
municipal
-
-
-
32 673
total
-
-
-
64 350
Employee
191 641
191 641
191 641
-
labour market
15 309
15 309
15 309
-
municipal
40 809
40 809
40 809
-
national
23 412
23 412
23 412
-
pensions
272
272
272
-
total
79 802
79 802
79 802
-
Employer
191 641
191 641
191 641
-
national
23 453
23 453
23 453
-
labour market
15 331
15 331
15 331
-
pensions
545
545
545
-
municipal
40 874
40 874
40 874
-
total
80 203
80 203
80 203
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
158 000
158 000
158 000
158 000
Total tax
160 005
160 005
160 005
64 350
After tax
-2 005
-2 005
-2 005
93 650
Living cost
45 404
45 404
45 404
45 404
Free-cash
-47 409
-47 409
-47 409
48 246

Estimated living cost  is ₽45404 per week

₽31075
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4017
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽698
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9614
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽64964
-₽7745
₽87500
₽9648
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
351
health
-
-
-
2 067
accident
-
-
-
239
income
-
-
-
43 357
pensions
-
-
-
3 943
total
-
-
-
49 957
Employee
32 316
-
141 720
-
income
4 433
-
32 754
-
pensions
3 639
-
7 231
-
health
3 700
-
16 227
-
total
11 772
-
56 212
-
Employer
32 316
-
141 720
-
unemployment
792
-
3 472
-
accident
540
-
2 367
-
pensions
5 254
-
10 442
-
total
6 586
-
16 281
-
Corporate
119 098
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.

107 188
142 200
-
-
total
107 188
142 200
-
-
Dividends
11 910
15 800
-
-
withholding
2 263
3 002
-
-
total
2 263
3 002
-
-
Income
158 000
158 000
158 000
158 000
Total tax
127 809
145 202
72 493
49 957
After tax
30 191
12 798
85 507
108 043
Living cost
20 543
20 543
20 543
20 543
Free-cash
9 648
-7 745
64 964
87 500

Estimated living cost  is ₽20543 per week

₽14953
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1171
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽385
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4033
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽47169
₽63279
₽66871
₽65453
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
2 039
national
-
-
-
24 777
municipal
-
-
-
28 072
total
-
-
-
54 888
Employee
49 664
-
132 919
-
municipal
8 135
-
21 654
-
national
820
-
15 235
-
pensions
3 352
-
8 973
-
health
371
-
1 653
-
unemployment
745
-
1 994
-
total
13 423
-
49 509
-
Employer
49 664
-
132 919
-
unemployment
322
-
863
-
health
382
-
1 023
-
accident
50
-
133
-
pensions
8 616
-
23 062
-
total
9 370
-
25 081
-
Corporate
98 965
158 000
-
-
income
19 793
31 600
-
-
total
19 793
31 600
-
-
Dividends

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

59 379
94 800
-
-
national
3 031
9 816
-
-
municipal
10 689
17 064
-
-
total
13 720
26 880
-
-
Income
158 000
158 000
158 000
158 000
Total tax
56 306
58 480
74 590
54 888
After tax
101 694
99 520
83 410
103 112
Living cost
36 241
36 241
36 241
36 241
Free-cash
65 453
63 279
47 169
66 871

Estimated living cost  is ₽36241 per week

₽23673
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3486
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽577
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8507
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽85138
₽93434
₽86553
₽88297
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
158 000
social contributions
-
-
-
15 273
health
-
-
-
4 029
income
-
-
-
30 290
total
-
-
-
49 592
Employee
72 587
72 587
147 152
-
social contributions
2 744
6 024
8 126
-
income
7 903
6 719
29 531
-
health
562
1 234
2 501
-
total
11 209
13 977
40 158
-
Employer
72 587
72 587
147 152
-
health
611
1 344
2 723
-
social contributions
2 744
6 024
8 126
-
total
3 355
7 368
10 849
-
Corporate
121 579
78 046
-
-
income
15 198
9 756
-
-
total
15 198
9 756
-
-
Dividends
106 381
68 290
-
-
withholding
18 086
11 610
-
-
total
18 086
11 610
-
-
Income
158 000
158 000
158 000
158 000
Total tax
47 848
42 711
51 007
49 592
After tax
110 152
115 289
106 993
108 408
Living cost
21 855
21 855
21 855
21 855
Free-cash
88 297
93 434
85 138
86 553

Estimated living cost  is ₽21855 per week

₽13098
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2144
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽484
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6130
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽98626
₽115852
₽117557
₽111052
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

  • up to €9,000.00, 60% of the average monthly wage in Montenegro
  • up to €15,000.00, 100% of the average monthly wage in Montenegro
  • in excess of €15,000, 150% of the average monthly wage in Montenegro
-
-
-
158 000
health
-
-
-
3 416
income
-
-
-
16 008
pensions
-
-
-
6 005
unemployment
-
-
-
27
total
-
-
-
25 456
Employee

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

21 667
-
148 775
-
income
1 481
-
13 666
-
pensions
3 250
-
13 435
-
health
1 842
-
7 613
-
unemployment
107
-
448
-
total
6 680
-
35 162
-
Employer

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

21 667
-
148 775
-
unemployment
107
-
448
-
health
932
-
3 851
-
pensions
1 191
-
4 926
-
total
2 230
-
9 225
-
Corporate
134 102
158 000
-
-
income
12 068
14 220
-
-
total
12 068
14 220
-
-
Dividends
122 034
143 780
-
-
withholding
10 983
12 941
-
-
total
10 983
12 941
-
-
Income
158 000
158 000
158 000
158 000
Total tax
31 961
27 161
44 387
25 456
After tax
126 039
130 839
113 613
132 544
Living cost
14 987
14 987
14 987
14 987
Free-cash
111 052
115 852
98 626
117 557

Estimated living cost  is ₽14987 per week

₽9562
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1080
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽446
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3898
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽58843
₽79460
₽62803
₽75290
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
88
accident
-
-
-
788
income
-
-
-
42 990
pensions
-
-
-
24 760
unemployment
-
-
-
613
total
-
-
-
69 239
Employee
34 904
-
130 107
-
income
6 729
-
39 749
-
other
34
-
88
-
pensions
1 641
-
4 113
-
unemployment
541
-
1 356
-
total
8 945
-
45 306
-
Employer
34 904
-
130 107
-
other
279
-
700
-
unemployment
1 920
-
4 812
-
accident
691
-
1 732
-
pensions
8 237
-
20 649
-
total
11 127
-
27 893
-
Corporate
111 968
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.

16 796
23 700
-
-
total
16 796
23 700
-
-
Dividends
95 172
134 300
-
-
withholding
19 884
28 882
-
-
total
19 884
28 882
-
-
Income
158 000
158 000
158 000
158 000
Total tax
56 752
52 582
73 199
69 239
After tax
101 248
105 418
84 801
88 761
Living cost
25 958
25 958
25 958
25 958
Free-cash
75 290
79 460
58 843
62 803

Estimated living cost  is ₽25958 per week

₽17521
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2495
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽455
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5487
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽99780
₽96831
₽99904
₽96542
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
158 000
health
-
-
-
932
income
-
-
-
54 118
pensions
-
-
-
1 285
total
-
-
-
56 335
Employee
2 683
-
156 555
-
income
519
-
54 051
-
pensions
241
-
578
-
health
134
-
321
-
unemployment
27
-
64
-
total
921
-
55 014
-
Employer
2 683
-
156 555
-
unemployment
54
-
128
-
health
255
-
610
-
pensions
295
-
707
-
total
604
-
1 445
-
Corporate
154 713
158 000
-
-
income
34 037
34 760
-
-
total
34 037
34 760
-
-
Dividends
120 677
123 240
-
-
withholding
24 135
24 648
-
-
total
24 135
24 648
-
-
Income
158 000
158 000
158 000
158 000
Total tax
59 697
59 408
56 459
56 335
After tax
98 303
98 592
101 541
101 665
Living cost
1 761
1 761
1 761
1 761
Free-cash
96 542
96 831
99 780
99 904

Estimated living cost  is ₽1761 per week

₽1047
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽143
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽40
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽532
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽79831
₽97865
₽79831
₽93231
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

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

-
-
-
158 000
health
-
-
-
7 170
income
-
-
-
35 565
pensions
-
-
-
18 100
unemployment
-
-
-
1 044
total
-
-
-
61 879
Employee

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

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

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

24 564
-
145 539
-
income
3 386
-
35 565
-
pensions
3 439
-
9 746
-
health
1 265
-
3 585
-
unemployment
184
-
522
-
total
8 274
-
49 418
-
Employer

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

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

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

24 564
-
145 539
-
unemployment
184
-
522
-
health
1 265
-
3 585
-
pensions
2 948
-
8 354
-
total
4 397
-
12 461
-
Corporate
129 039
158 000
-
-
income
19 356
23 700
-
-
total
19 356
23 700
-
-
Dividends
109 683
134 300
-
-
withholding
16 452
20 145
-
-
total
16 452
20 145
-
-
Income
158 000
158 000
158 000
158 000
Total tax
48 479
43 845
61 879
61 879
After tax
109 521
114 155
96 121
96 121
Living cost
16 290
16 290
16 290
16 290
Free-cash
93 231
97 865
79 831
79 831

Estimated living cost  is ₽16290 per week

₽10968
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1260
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽471
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3590
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽47721
₽64423
₽59505
₽64081
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
158 000
social contributions

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

-
-
-
54 905
income
-
-
-
18 141
surtax
-
-
-
-
total
-
-
-
73 046
Employee
36 638
-
127 676
-
surtax
-
-
-
-
social contributions
4 031
-
14 044
-
income
7 159
-
40 464
-
total
11 190
-
54 508
-
Employer
36 638
-
127 676
-
social contributions
8 701
-
30 322
-
total
8 701
-
30 322
-
Corporate
112 662
158 000
-
-
surtax
-
-
-
-
income
23 658
33 179
-
-
total
23 658
33 179
-
-
Dividends
89 003
124 821
-
-
withholding
24 921
34 949
-
-
total
24 921
34 949
-
-
Income
158 000
158 000
158 000
158 000
Total tax
68 470
68 128
84 830
73 046
After tax
89 530
89 872
73 170
84 954
Living cost
25 449
25 449
25 449
25 449
Free-cash
64 081
64 423
47 721
59 505

Estimated living cost  is ₽25449 per week

₽18025
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1768
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽451
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5206
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽51626
₽72243
₽55586
₽65937
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
88
accident
-
-
-
788
income
-
-
-
42 990
pensions
-
-
-
24 760
unemployment
-
-
-
613
total
-
-
-
69 239
Employee
45 589
-
130 107
-
income
9 522
-
39 749
-
other
45
-
88
-
pensions
2 142
-
4 113
-
unemployment
706
-
1 356
-
total
12 415
-
45 306
-
Employer
45 589
-
130 107
-
other
365
-
700
-
unemployment
2 508
-
4 812
-
accident
903
-
1 732
-
pensions
10 759
-
20 649
-
total
14 535
-
27 893
-
Corporate
97 876
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.

14 682
23 700
-
-
total
14 682
23 700
-
-
Dividends
83 194
134 300
-
-
withholding
17 256
28 882
-
-
total
17 256
28 882
-
-
Income
158 000
158 000
158 000
158 000
Total tax
58 888
52 582
73 199
69 239
After tax
99 112
105 418
84 801
88 761
Living cost
33 175
33 175
33 175
33 175
Free-cash
65 937
72 243
51 626
55 586

Estimated living cost  is ₽33175 per week

₽23825
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2580
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽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.
₽6304
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽115405
₽118876
₽109295
₽113130
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
158 000
health
-
-
-
3 786
income
-
-
-
23 700
pensions

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

-
-
-
4 873
unemployment
-
-
-
132
total
-
-
-
32 491
Employee
21 470
-
151 541
-
income
2 147
-
15 154
-
accident

We are using the highest rate at 1.1%.

236
-
362
-
pensions

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

1 885
-
2 891
-
health
988
-
1 514
-
total
5 256
-
19 921
-
Employer
21 470
-
151 541
-
unemployment
129
-
198
-
health
1 482
-
2 272
-
accident

We are using the highest rate at 1.1%.

236
-
362
-
pensions

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

2 366
-
3 628
-
total
4 213
-
6 460
-
Corporate
132 318
158 000
-
-
income
13 232
15 800
-
-
total
13 232
15 800
-
-
Dividends
119 086
142 200
-
-
withholding
5 955
7 110
-
-
total
5 955
7 110
-
-
Income
158 000
158 000
158 000
158 000
Total tax
28 656
22 910
26 381
32 491
After tax
129 344
135 090
131 619
125 509
Living cost
16 214
16 214
16 214
16 214
Free-cash
113 130
118 876
115 405
109 295

Estimated living cost  is ₽16214 per week

₽10724
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽928
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽387
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4176
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽64550
₽44885
₽48175
₽57235
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
158 000
health

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

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

-
-
-
6 449
income

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

-
-
-
47 922
surtax

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

-
-
-
2 635
trade
-
-
-
16 375
total
-
-
-
73 381
Employee

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

46 968
-
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.

213
-
2 635
-
income

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

3 862
-
47 922
-
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.

6 449
-
6 449
-
total
10 524
-
57 006
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
111 032
158 000
-
-
chamber of commerce
306
374
-
-
surtax

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

915
1 304
-
-
trade
15 932
22 673
-
-
income
16 654
23 700
-
-
total
33 807
48 051
-
-
Dividends
77 223
109 949
-
-
surtax

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

1 043
1 492
-
-
withholding
18 947
27 128
-
-
total
19 990
28 620
-
-
Income
158 000
158 000
158 000
158 000
Total tax
64 321
76 671
57 006
73 381
After tax
93 679
81 329
100 994
84 619
Living cost
36 444
36 444
36 444
36 444
Free-cash
57 235
44 885
64 550
48 175

Estimated living cost  is ₽36444 per week

₽25140
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3921
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽528
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6854
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽30461
₽56827
₽30461
₽58910
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
47 598
social contributions
-
-
-
26 168
total
-
-
-
73 766
Employee
73 839
-
158 000
-
income
13 933
-
47 598
-
social contributions
6 134
-
26 168
-
total
20 067
-
73 766
-
Employer
73 839
-
158 000
-
total
-
-
-
-
Corporate
84 161
158 000
-
-
income
10 521
19 750
-
-
total
10 521
19 750
-
-
Dividends
73 640
138 250
-
-
withholding
14 729
27 650
-
-
total
14 729
27 650
-
-
Income
158 000
158 000
158 000
158 000
Total tax
45 317
47 400
73 766
73 766
After tax
112 683
110 600
84 234
84 234
Living cost
53 773
53 773
53 773
53 773
Free-cash
58 910
56 827
30 461
30 461

Estimated living cost  is ₽53773 per week

₽40909
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4382
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽514
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7968
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽78580
₽63448
₽90983
₽66745
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

We use The Residence Programme or The Global Residence Programme.

-
-
-
158 000
income
-
-
-
26 870
health

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

-
-
-
5 881
total
-
-
-
32 751
Employee
43 304
-
153 658
-
income
4 699
-
36 470
-
social contributions
4 339
-
4 342
-
total
9 038
-
40 812
-
Employer
43 304
-
153 658
-
social contributions
4 339
-
4 342
-
total
4 339
-
4 342
-
Corporate
110 358
158 000
-
-
income
38 625
55 299
-
-
total
38 625
55 299
-
-
Dividends
71 732
102 701
-
-
social contributions
4 987
4 987
-
-
total
4 987
4 987
-
-
Income
158 000
158 000
158 000
158 000
Total tax
56 989
60 286
45 154
32 751
After tax
101 011
97 714
112 846
125 249
Living cost
34 266
34 266
34 266
34 266
Free-cash
66 745
63 448
78 580
90 983

Estimated living cost  is ₽34266 per week

₽22571
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2701
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.
₽8468
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽56196
₽69407
₽70534
₽74947
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
158 000
income
-
-
-
44 436
pensions
-
-
-
8 281
total
-
-
-
52 717
Employee
47 697
-
138 085
-
income
8 686
-
34 876
-
health
622
-
2 028
-
pensions
3 640
-
10 236
-
total
12 948
-
47 140
-
Employer
47 697
-
138 085
-
health
907
-
2 623
-
pensions
4 819
-
17 292
-
total
5 726
-
19 915
-
Corporate
104 577
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.

19 869
30 020
-
-
total
19 869
30 020
-
-
Dividends
84 708
127 980
-
-
withholding
9 761
23 824
-
-
total
9 761
23 824
-
-
Income
158 000
158 000
158 000
158 000
Total tax
48 304
53 844
67 055
52 717
After tax
109 696
104 156
90 945
105 283
Living cost
34 749
34 749
34 749
34 749
Free-cash
74 947
69 407
56 196
70 534

Estimated living cost  is ₽34749 per week

₽23837
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3195
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽435
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7279
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details

Additional information

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

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

Source of data for Edinburgh model

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Warsaw , Poland
₽62930
-₽9779
₽85466
₽9336
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
351
health
-
-
-
2 067
accident
-
-
-
239
income
-
-
-
43 357
pensions
-
-
-
3 943
total
-
-
-
49 957
Employee
35 515
-
141 720
-
income
4 872
-
32 754
-
pensions
3 999
-
7 231
-
health
4 066
-
16 227
-
total
12 937
-
56 212
-
Employer
35 515
-
141 720
-
unemployment
870
-
3 472
-
accident
593
-
2 367
-
pensions
5 774
-
10 442
-
total
7 237
-
16 281
-
Corporate
115 248
158 000
-
-
income

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

103 723
142 200
-
-
total
103 723
142 200
-
-
Dividends
11 525
15 800
-
-
withholding
2 190
3 002
-
-
total
2 190
3 002
-
-
Income
158 000
158 000
158 000
158 000
Total tax
126 087
145 202
72 493
49 957
After tax
31 913
12 798
85 507
108 043
Living cost
22 577
22 577
22 577
22 577
Free-cash
9 336
-9 779
62 930
85 466

Estimated living cost  is ₽22577 per week

₽16569
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1316
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽455
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4237
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

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

Source of data for Warsaw model

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Skopje , Macedonia
₽98613
₽120225
₽77885
₽115816
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
25 929
health insurance
-
-
-
11 155
work injury
-
-
-
754
pensions
-
-
-
27 736
unemployment
-
-
-
1 809
total
-
-
-
67 383
Employee

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

20 371
-
158 000
-
income
2 037
-
25 929
-
work injury
102
-
377
-
health insurance
1 507
-
5 577
-
pensions
3 748
-
13 868
-
unemployment
244
-
904
-
total
7 638
-
46 655
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
137 629
158 000
-
-
income

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

1 376
1 580
-
-
total
1 376
1 580
-
-
Dividends
136 253
156 420
-
-
withholding
20 438
23 463
-
-
total
20 438
23 463
-
-
Income
158 000
158 000
158 000
158 000
Total tax
29 452
25 043
46 655
67 383
After tax
128 548
132 957
111 345
90 617
Living cost
12 732
12 732
12 732
12 732
Free-cash
115 816
120 225
98 613
77 885

Estimated living cost  is ₽12732 per week

₽7888
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽925
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽397
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3522
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽29585
₽45621
₽36520
₽41325
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
40 637
national
-
-
-
38 571
regional
-
-
-
3 610
municipal
-
-
-
1 057
total
-
-
-
83 875
Employee
79 545
-
158 000
-
social contributions
26 822
-
53 277
-
municipal
475
-
942
-
national
13 442
-
33 389
-
regional
1 201
-
3 202
-
total
41 940
-
90 810
-
Employer
79 545
-
158 000
-
total
-
-
-
-
Corporate
78 455
158 000
-
-
nationa
18 829
37 919
-
-
municipal
3 782
7 615
-
-
total
22 611
45 534
-
-
Dividends
55 845
112 466
-
-
withholding
14 519
29 240
-
-
total
14 519
29 240
-
-
Income
158 000
158 000
158 000
158 000
Total tax
79 070
74 774
90 810
83 875
After tax
78 930
83 226
67 190
74 125
Living cost
37 605
37 605
37 605
37 605
Free-cash
41 325
45 621
29 585
36 520

Estimated living cost  is ₽37605 per week

₽26415
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2587
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽568
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8034
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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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