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
₽72587
₽51448
₽54533
₽61763
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
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.

-
-
-
2 648
trade
-
-
-
18 054
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.

-
-
-
48 141
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.

-
-
-
6 372
total
-
-
-
75 215
Employee

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

35 675
-
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.

6 372
-
6 372
-
surtax

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

55
-
2 648
-
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.

997
-
48 141
-
total
7 424
-
57 161
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
122 325
158 000
-
-
chamber of commerce
317
368
-
-
trade
19 267
24 885
-
-
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.

1 009
1 303
-
-
income
18 348
23 701
-
-
total
38 941
50 257
-
-
Dividends
83 384
107 743
-
-
withholding
20 492
26 581
-
-
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.

1 128
1 462
-
-
total
21 620
28 043
-
-
Income
158 000
158 000
158 000
158 000
Total tax
67 985
78 300
57 161
75 215
After tax
90 015
79 700
100 839
82 785
Living cost
28 252
28 252
28 252
28 252
Free-cash
61 763
51 448
72 587
54 533

Estimated living cost  is ₽28252 per week

₽17771
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3294
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽527
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6659
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽44982
₽48855
₽43741
₽48028
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
158 000
municipal
-
-
-
17 204
social contributions
-
-
-
1 699
national
-
-
-
26 659
pensions
-
-
-
18 960
total
-
-
-
64 522
Employee
77 101
-
136 590
-
pensions
3 084
-
5 464
-
national
14 757
-
27 607
-
municipal
9 523
-
17 815
-
total
27 364
-
50 886
-
Employer
77 101
-
136 590
-
pensions
6 168
-
10 927
-
social contributions
829
-
1 468
-
total
6 997
-
12 395
-
Corporate
68 813
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%.

13 763
31 600
-
-
total
13 763
31 600
-
-
Dividends
55 050
126 400
-
-
withholding
12 111
27 808
-
-
total
12 111
27 808
-
-
Income
158 000
158 000
158 000
158 000
Total tax
60 235
59 408
63 281
64 522
After tax
97 765
98 592
94 719
93 478
Living cost
49 737
49 737
49 737
49 737
Free-cash
48 028
48 855
44 982
43 741

Estimated living cost  is ₽49737 per week

₽33806
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4623
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽744
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10563
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽46129
₽106995
₽34578
₽99345
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
microenterprise
-
-
-
-
surtax
-
-
-
40 289
social contributions

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

-
-
-
35 737
income
-
-
-
27 991
total
-
-
-
104 017
Employee
27 255
-
118 217
-
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.

2 998
-
12 227
-
surtax
-
-
17 141
-
income
4 852
-
23 315
-
total
7 850
-
52 683
-
Employer
27 255
-
118 217
-
surtax
-
-
13 004
-
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.

6 565
-
26 779
-
total
6 565
-
39 783
-
Corporate
124 180
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%.

24 835
31 600
-
-
total
24 835
31 600
-
-
Dividends

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

99 345
126 400
-
-
total
-
-
-
-
Income
158 000
158 000
158 000
158 000
Total tax
39 250
31 600
92 466
104 017
After tax
118 750
126 400
65 534
53 983
Living cost
19 405
19 405
19 405
19 405
Free-cash
99 345
106 995
46 129
34 578

Estimated living cost  is ₽19405 per week

₽12380
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1848
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽441
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4737
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽58957
₽39057
₽48593
₽33344
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
47 904
pensions
-
-
-
10 928
health
-
-
-
11 502
total
-
-
-
70 334
Employee
79 651
79 651
140 666
-
health
12 226
10 399
11 502
-
pensions
14 337
10 928
10 928
-
income

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

13 038
13 038
20 206
-
total
39 601
34 365
42 636
-
Employer
79 651
79 651
140 666
-
unemployment
2 867
2 867
3 563
-
health
5 537
5 537
6 880
-
pensions
5 544
5 544
6 891
-
total
13 948
13 948
17 334
-
Corporate
65 378
64 401
-
-
income
13 075
12 881
-
-
total
13 075
12 881
-
-
Dividends
52 303
51 520
-
-
withholding
7 845
7 728
-
-
income
11 114
10 948
-
-
total
18 959
18 676
-
-
Income
158 000
158 000
158 000
158 000
Total tax
85 583
79 870
59 970
70 334
After tax
72 417
78 130
98 030
87 666
Living cost
39 073
39 073
39 073
39 073
Free-cash
33 344
39 057
58 957
48 593

Estimated living cost  is ₽39073 per week

₽27690
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3522
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽621
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7239
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽43051
₽48584
₽43963
₽47739
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
158 000
municipal
-
-
-
39 981
other
-
-
-
9 597
unemployment
-
-
-
83
national
-
-
-
12 445
pensions
-
-
-
8 928
accident
-
-
-
165
health
-
-
-
5 154
total
-
-
-
76 353
Employee
53 696
-
132 050
-
national
-
-
11 939
-
municipal
16 012
-
39 377
-
total
16 012
-
51 316
-
Employer
53 696
-
132 050
-
unemployment
1 418
-
2 180
-
accident
107
-
165
-
health
3 302
-
5 079
-
pensions
5 804
-
8 928
-
other
6 240
-
9 597
-
total
16 871
-
25 949
-
Corporate
87 432
158 000
-
-
income
19 235
34 760
-
-
total
19 235
34 760
-
-
Dividends
68 197
123 240
-
-
withholding
20 459
36 972
-
-
total
20 459
36 972
-
-
Income
158 000
158 000
158 000
158 000
Total tax
72 577
71 732
77 265
76 353
After tax
85 423
86 268
80 735
81 647
Living cost
37 684
37 684
37 684
37 684
Free-cash
47 739
48 584
43 051
43 963

Estimated living cost  is ₽37684 per week

₽24976
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3698
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽572
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8439
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽64197
₽42247
₽45339
₽55352
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
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.

-
-
-
2 648
trade
-
-
-
18 858
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.

-
-
-
48 141
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.

-
-
-
6 372
total
-
-
-
76 019
Employee

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

47 301
-
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.

6 372
-
6 372
-
surtax

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

223
-
2 648
-
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.

4 064
-
48 141
-
total
10 659
-
57 161
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
110 699
158 000
-
-
chamber of commerce
299
366
-
-
trade
18 210
25 991
-
-
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.

913
1 303
-
-
income
16 605
23 701
-
-
total
36 027
51 361
-
-
Dividends
74 672
106 639
-
-
withholding
18 313
26 304
-
-
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.

1 007
1 446
-
-
total
19 320
27 750
-
-
Income
158 000
158 000
158 000
158 000
Total tax
66 006
79 111
57 161
76 019
After tax
91 994
78 889
100 839
81 981
Living cost
36 642
36 642
36 642
36 642
Free-cash
55 352
42 247
64 197
45 339

Estimated living cost  is ₽36642 per week

₽24506
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3864
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽547
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7724
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽76648
₽85028
₽78055
₽81163
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
15 091
income
-
-
-
30 572
health
-
-
-
4 029
total
-
-
-
49 692
Employee
71 723
71 723
147 247
-
health
713
1 220
2 503
-
social contributions
3 485
5 953
8 029
-
income
7 531
6 639
29 814
-
total
11 729
13 812
40 346
-
Employer
71 723
71 723
147 247
-
health
777
1 328
2 724
-
social contributions
3 485
5 953
8 029
-
total
4 262
7 281
10 753
-
Corporate
111 755
78 997
-
-
income
13 969
9 875
-
-
total
13 969
9 875
-
-
Dividends
97 786
69 122
-
-
withholding
16 624
11 751
-
-
total
16 624
11 751
-
-
Income
158 000
158 000
158 000
158 000
Total tax
46 584
42 719
51 099
49 692
After tax
111 416
115 281
106 901
108 308
Living cost
30 253
30 253
30 253
30 253
Free-cash
81 163
85 028
76 648
78 055

Estimated living cost  is ₽30253 per week

₽20681
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2363
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽508
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6701
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽74891
₽72060
₽92751
₽72407
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
unemployment
-
-
-
2 370
income
-
-
-
19 316
pensions
-
-
-
15 800
health
-
-
-
11 060
total
-
-
-
48 546
Employee

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

The minimum wage is 138,000 HUF per month.

24 110
9 596
132 218
-
health
1 688
672
9 255
-
pensions
2 411
960
13 222
-
unemployment
362
144
1 983
-
income
2 948
1 173
16 164
-
total
7 409
2 949
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.

24 110
9 596
132 218
-
pensions
4 702
1 871
25 782
-
total
4 702
1 871
25 782
-
Corporate
129 188
146 533
-
-
income
11 627
13 188
-
-
total
11 627
13 188
-
-
Dividends
117 561
133 345
-
-
withholding
22 337
25 336
-
-
social contributions
22 815
25 893
-
-
total
45 152
51 229
-
-
Income
158 000
158 000
158 000
158 000
Total tax
68 890
69 237
66 406
48 546
After tax
89 110
88 763
91 594
109 454
Living cost
16 703
16 703
16 703
16 703
Free-cash
72 407
72 060
74 891
92 751

Estimated living cost  is ₽16703 per week

₽11398
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1367
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽334
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3604
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽68539
₽103871
₽62161
₽98079
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
158 000
income
-
-
-
21 171
pensions
-
-
-
31 600
health
-
-
-
20 539
total
-
-
-
73 310
Employee
26 460
-
118 086
-
unemployment
423
-
1 889
-
pensions
529
-
2 361
-
income
2 979
-
22 768
-
total
3 931
-
27 018
-
Employer
26 460
-
118 086
-
unemployment
212
-
945
-
health
3 439
-
15 351
-
pensions
5 292
-
23 618
-
total
8 943
-
39 914
-
Corporate
122 596
158 000
-
-
income
24 518
31 600
-
-
total
24 518
31 600
-
-
Dividends
98 077
126 400
-
-
total
-
-
-
-
Income
158 000
158 000
158 000
158 000
Total tax
37 392
31 600
66 932
73 310
After tax
120 608
126 400
91 068
84 690
Living cost
22 529
22 529
22 529
22 529
Free-cash
98 079
103 871
68 539
62 161

Estimated living cost  is ₽22529 per week

₽15452
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1342
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽453
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5282
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽64685
-₽8031
₽87212
₽9603
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
income
-
-
-
43 365
pensions
-
-
-
3 939
accident
-
-
-
239
health
-
-
-
2 065
total
-
-
-
49 959
Employee
32 765
-
141 730
-
health
3 752
-
16 228
-
pensions
3 689
-
7 223
-
income
4 495
-
32 764
-
total
11 936
-
56 215
-
Employer
32 765
-
141 730
-
unemployment
803
-
3 473
-
accident
547
-
2 367
-
pensions
5 328
-
10 431
-
total
6 678
-
16 271
-
Corporate
118 557
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.

106 701
142 200
-
-
total
106 701
142 200
-
-
Dividends
11 856
15 800
-
-
withholding
2 253
3 002
-
-
total
2 253
3 002
-
-
Income
158 000
158 000
158 000
158 000
Total tax
127 568
145 202
72 486
49 959
After tax
30 432
12 798
85 514
108 041
Living cost
20 829
20 829
20 829
20 829
Free-cash
9 603
-8 031
64 685
87 212

Estimated living cost  is ₽20829 per week

₽15266
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1154
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.
₽3975
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽118846
₽142546
₽148866
₽141130
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
9 443
-
158 000
-
income
1 888
-
31 600
-
total
1 888
-
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%.

148 557
158 000
-
-
total
-
-
-
-
Dividends
148 557
158 000
-
-
withholding
7 428
7 900
-
-
total
7 428
7 900
-
-
Income
158 000
158 000
158 000
158 000
Total tax
9 316
7 900
31 600
1 580
After tax
148 684
150 100
126 400
156 420
Living cost
7 554
7 554
7 554
7 554
Free-cash
141 130
142 546
118 846
148 866

Estimated living cost  is ₽7554 per week

₽4682
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽628
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽208
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2037
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽64846
₽91231
₽62330
₽84931
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
6 737
income
-
-
-
23 798
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.

-
-
-
34 041
health
-
-
-
6 241
total
-
-
-
70 817
Employee
33 866
-
126 198
-
health
474
-
1 766
-
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.

2 370
-
8 834
-
unemployment
338
-
1 262
-
income
5 830
-
24 637
-
total
9 012
-
36 499
-
Employer
33 866
-
126 198
-
unemployment
338
-
1 262
-
accident
271
-
1 009
-
health
474
-
1 766
-
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.

5 758
-
21 455
-
other
1 694
-
6 310
-
total
8 535
-
31 802
-
Corporate
115 598
158 000
-
-
income
24 276
33 179
-
-
total
24 276
33 179
-
-
Dividends
91 322
124 821
-
-
withholding
6 393
8 737
-
-
total
6 393
8 737
-
-
Income
158 000
158 000
158 000
158 000
Total tax
48 216
41 916
68 301
70 817
After tax
109 784
116 084
89 699
87 183
Living cost
24 853
24 853
24 853
24 853
Free-cash
84 931
91 231
64 846
62 330

Estimated living cost  is ₽24853 per week

₽17560
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1678
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽400
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽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 Bratislava model

Close
London , United Kingdom
₽28182
₽41418
₽42525
₽42676
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
44 369
pensions
-
-
-
8 300
total
-
-
-
52 669
Employee
88 860
-
138 090
-
health
1 464
-
2 031
-
pensions
8 573
-
10 265
-
income
16 018
-
34 805
-
total
26 055
-
47 101
-
Employer
88 860
-
138 090
-
health
1 688
-
2 625
-
pensions
10 492
-
17 286
-
total
12 180
-
19 911
-
Corporate
56 960
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.

10 823
30 020
-
-
total
10 823
30 020
-
-
Dividends
46 137
127 980
-
-
withholding
3 460
23 756
-
-
total
3 460
23 756
-
-
Income
158 000
158 000
158 000
158 000
Total tax
52 518
53 776
67 012
52 669
After tax
105 482
104 224
90 988
105 331
Living cost
62 806
62 806
62 806
62 806
Free-cash
42 676
41 418
28 182
42 525

Estimated living cost  is ₽62806 per week

₽47061
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽7379
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽511
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7855
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽119489
₽122856
₽113364
₽118523
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
unemployment
-
-
-
130
income
-
-
-
23 700
pensions

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

-
-
-
4 824
health
-
-
-
3 748
total
-
-
-
32 402
Employee
16 200
-
151 605
-
health
745
-
1 499
-
accident

We are using the highest rate at 1.1%.

178
-
359
-
pensions

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

1 422
-
2 862
-
income
1 620
-
15 161
-
total
3 965
-
19 881
-
Employer
16 200
-
151 605
-
unemployment
97
-
196
-
accident

We are using the highest rate at 1.1%.

178
-
359
-
health
1 118
-
2 249
-
pensions

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

1 785
-
3 592
-
total
3 178
-
6 396
-
Corporate
138 621
158 000
-
-
income
13 862
15 800
-
-
total
13 862
15 800
-
-
Dividends
124 759
142 200
-
-
withholding
6 238
7 110
-
-
total
6 238
7 110
-
-
Income
158 000
158 000
158 000
158 000
Total tax
27 243
22 910
26 277
32 402
After tax
130 757
135 090
131 723
125 598
Living cost
12 234
12 234
12 234
12 234
Free-cash
118 523
122 856
119 489
113 364

Estimated living cost  is ₽12234 per week

₽7143
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽874
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽324
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3894
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽46309
₽26409
₽35945
₽28756
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
47 904
pensions
-
-
-
10 928
health
-
-
-
11 502
total
-
-
-
70 334
Employee
86 476
79 651
140 666
-
health
10 788
10 399
11 502
-
pensions
10 928
10 928
10 928
-
income

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

13 038
13 038
20 206
-
total
34 754
34 365
42 636
-
Employer
86 476
79 651
140 666
-
unemployment
3 113
2 867
3 563
-
health
6 009
5 537
6 880
-
pensions
6 018
5 544
6 891
-
total
15 140
13 948
17 334
-
Corporate
56 383
64 401
-
-
income
11 277
12 881
-
-
total
11 277
12 881
-
-
Dividends
45 106
51 520
-
-
withholding
6 767
7 728
-
-
income
9 585
10 948
-
-
total
16 352
18 676
-
-
Income
158 000
158 000
158 000
158 000
Total tax
77 523
79 870
59 970
70 334
After tax
80 477
78 130
98 030
87 666
Living cost
51 721
51 721
51 721
51 721
Free-cash
28 756
26 409
46 309
35 945

Estimated living cost  is ₽51721 per week

₽38153
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4620
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽593
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8356
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽58642
₽85992
₽65502
₽77860
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
solidarity contribution
-
-
-
-
social contributions
-
-
-
32 796
income
-
-
-
15 581
health
-
-
-
21 330
total
-
-
-
69 707
Employee
33 517
-
119 194
-
health
4 525
-
16 091
-
social contributions
2 179
-
7 300
-
solidarity contribution
-
-
-
-
income
4 022
-
14 370
-
total
10 726
-
37 761
-
Employer
33 517
-
119 194
-
health
3 017
-
10 727
-
social contributions
8 379
-
28 079
-
total
11 396
-
38 806
-
Corporate
113 088
158 000
-
-
income
21 487
30 020
-
-
total
21 487
30 020
-
-
Dividends
91 601
127 980
-
-
withholding
13 740
19 197
-
-
total
13 740
19 197
-
-
Income
158 000
158 000
158 000
158 000
Total tax
57 349
49 217
76 567
69 707
After tax
100 651
108 783
81 433
88 293
Living cost
22 791
22 791
22 791
22 791
Free-cash
77 860
85 992
58 642
65 502

Estimated living cost  is ₽22791 per week

₽15831
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1621
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽448
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4891
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽29386
₽44942
₽36523
₽40073
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
158 000
municipal
-
-
-
938
social contributions
-
-
-
40 638
national
-
-
-
38 684
regional
-
-
-
1 859
total
-
-
-
82 119
Employee
82 895
-
158 000
-
social contributions
27 952
-
53 278
-
national
14 364
-
33 501
-
regional
782
-
1 640
-
municipal
439
-
837
-
total
43 537
-
89 256
-
Employer
82 895
-
158 000
-
total
-
-
-
-
Corporate
75 105
158 000
-
-
municipal
2 929
6 161
-
-
nationa
18 024
37 919
-
-
total
20 953
44 080
-
-
Dividends
54 151
113 919
-
-
withholding
14 079
29 620
-
-
total
14 079
29 620
-
-
Income
158 000
158 000
158 000
158 000
Total tax
78 569
73 700
89 256
82 119
After tax
79 431
84 300
68 744
75 881
Living cost
39 358
39 358
39 358
39 358
Free-cash
40 073
44 942
29 386
36 523

Estimated living cost  is ₽39358 per week

₽27436
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2581
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽604
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8737
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽48517
₽78800
₽54269
₽75896
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
surtax
-
-
-
6 477
other
-
-
-
-
unemployment
-
-
-
212
income
-
-
-
42 725
pensions
-
-
-
24 897
health
-
-
-
8 838
total
-
-
-
83 149
Employee
30 845
-
131 796
-
health
788
-
3 174
-
pensions
2 057
-
8 303
-
unemployment
2 147
-
8 664
-
surtax
101
-
5 411
-
other
-
-
-
-
income
5 170
-
37 146
-
total
10 263
-
62 698
-
Employer
30 845
-
131 796
-
unemployment
977
-
3 945
-
health
1 404
-
5 664
-
pensions
4 112
-
16 594
-
other
-
-
-
-
total
6 493
-
26 203
-
Corporate
120 663
158 000
-
-
income
31 372
41 081
-
-
total
31 372
41 081
-
-
Dividends
89 291
116 919
-
-
withholding
13 394
17 537
-
-
total
13 394
17 537
-
-
Income
158 000
158 000
158 000
158 000
Total tax
61 522
58 618
88 901
83 149
After tax
96 478
99 382
69 099
74 851
Living cost
20 582
20 582
20 582
20 582
Free-cash
75 896
78 800
48 517
54 269

Estimated living cost  is ₽20582 per week

₽12585
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1899
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽474
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5623
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details

Source of data for Thessaloniki model

Close
Cambridge , United Kingdom
₽48081
₽61317
₽62424
₽67521
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
44 369
pensions
-
-
-
8 300
total
-
-
-
52 669
Employee
59 552
-
138 090
-
health
864
-
2 031
-
pensions
5 055
-
10 265
-
income
10 726
-
34 805
-
total
16 645
-
47 101
-
Employer
59 552
-
138 090
-
health
1 131
-
2 625
-
pensions
6 447
-
17 286
-
total
7 578
-
19 911
-
Corporate
90 870
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.

17 265
30 020
-
-
total
17 265
30 020
-
-
Dividends
73 605
127 980
-
-
withholding
6 084
23 756
-
-
total
6 084
23 756
-
-
Income
158 000
158 000
158 000
158 000
Total tax
47 572
53 776
67 012
52 669
After tax
110 428
104 224
90 988
105 331
Living cost
42 907
42 907
42 907
42 907
Free-cash
67 521
61 317
48 081
62 424

Estimated living cost  is ₽42907 per week

₽32146
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3216
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽449
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7096
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽47225
-₽1522
₽54811
₽30042
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
city
-
-
-
1 665
other

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

-
-
-
3 160
national
-
-
-
2 230
pensions
-
-
-
14 534
regional
-
-
-
7 473
health
-
-
-
356
total
-
-
-
29 418
Employee
86 331
-
141 419
-
health
195
-
318
-
pensions
7 253
-
11 878
-
unemployment
-
-
-
-
city
927
-
1 520
-
national
409
-
1 789
-
regional
2 827
-
6 474
-
total
11 611
-
21 979
-
Employer
86 331
-
141 419
-
unemployment
-
-
-
-
health
195
-
318
-
pensions
7 253
-
11 878
-
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.

1 726
-
2 829
-
total
9 174
-
15 025
-
Corporate
61 546
158 000
-
-
regional
13 017
33 417
-
-
national
5 231
13 430
-
-
total
18 248
46 847
-
-
Dividends
43 298
111 153
-
-
withholding
15 154
38 904
-
-
total
15 154
38 904
-
-
Income
158 000
158 000
158 000
158 000
Total tax
54 187
85 751
37 004
29 418
After tax
103 813
72 249
120 996
128 582
Living cost
73 771
73 771
73 771
73 771
Free-cash
30 042
-1 522
47 225
54 811

Estimated living cost  is ₽73771 per week

₽47972
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽6620
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽906
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽18273
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽58110
₽35345
₽38450
₽50471
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
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.

-
-
-
2 648
trade
-
-
-
19 660
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.

-
-
-
48 141
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.

-
-
-
6 372
total
-
-
-
76 821
Employee

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

56 055
-
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.

6 372
-
6 372
-
surtax

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

363
-
2 648
-
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.

6 592
-
48 141
-
total
13 327
-
57 161
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
101 945
158 000
-
-
chamber of commerce
285
365
-
-
trade
17 483
27 097
-
-
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.

841
1 303
-
-
income
15 291
23 701
-
-
total
33 900
52 466
-
-
Dividends
68 045
105 534
-
-
withholding
16 656
26 028
-
-
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.

917
1 432
-
-
total
17 573
27 460
-
-
Income
158 000
158 000
158 000
158 000
Total tax
64 800
79 926
57 161
76 821
After tax
93 200
78 074
100 839
81 179
Living cost
42 729
42 729
42 729
42 729
Free-cash
50 471
35 345
58 110
38 450

Estimated living cost  is ₽42729 per week

₽31207
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3418
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽556
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7549
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽55607
₽47720
₽57227
₽53230
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
surtax
-
-
-
-
other
-
-
-
4 898
social contributions
-
-
-
4 503
income
-
-
-
24 203
pensions
-
-
-
28 772
health
-
-
-
6 485
total
-
-
-
68 861
Employee
39 919
-
122 783
-
social contributions
1 138
-
3 499
-
pensions
4 514
-
8 330
-
surtax
-
-
-
-
income
2 356
-
23 435
-
total
8 008
-
35 264
-
Employer
39 919
-
122 783
-
unemployment
1 616
-
4 972
-
health
2 795
-
11 115
-
pensions
6 558
-
14 060
-
other
1 377
-
4 702
-
social contributions
120
-
368
-
total
12 466
-
35 217
-
Corporate
105 614
158 000
-
-
surtax
-
-
-
-
income
29 572
44 240
-
-
total
29 572
44 240
-
-
Dividends
76 042
113 760
-
-
withholding
9 733
14 562
-
-
surtax
-
-
-
-
social contributions
13 079
19 566
-
-
total
22 812
34 128
-
-
Income
158 000
158 000
158 000
158 000
Total tax
72 858
78 368
70 481
68 861
After tax
85 142
79 632
87 519
89 139
Living cost
31 912
31 912
31 912
31 912
Free-cash
53 230
47 720
55 607
57 227

Estimated living cost  is ₽31912 per week

₽20122
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2595
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.
₽8654
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽58769
₽50882
₽60389
₽56064
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
surtax
-
-
-
-
other
-
-
-
4 898
social contributions
-
-
-
4 503
income
-
-
-
24 203
pensions
-
-
-
28 772
health
-
-
-
6 485
total
-
-
-
68 861
Employee
35 634
-
122 783
-
social contributions
1 016
-
3 499
-
pensions
4 030
-
8 330
-
surtax
-
-
-
-
income
1 837
-
23 435
-
total
6 883
-
35 264
-
Employer
35 634
-
122 783
-
unemployment
1 443
-
4 972
-
health
2 494
-
11 115
-
pensions
5 855
-
14 060
-
other
1 230
-
4 702
-
social contributions
106
-
368
-
total
11 128
-
35 217
-
Corporate
111 238
158 000
-
-
surtax
-
-
-
-
income
31 147
44 240
-
-
total
31 147
44 240
-
-
Dividends
80 091
113 760
-
-
withholding
10 252
14 562
-
-
surtax
-
-
-
-
social contributions
13 776
19 566
-
-
total
24 028
34 128
-
-
Income
158 000
158 000
158 000
158 000
Total tax
73 186
78 368
70 481
68 861
After tax
84 814
79 632
87 519
89 139
Living cost
28 750
28 750
28 750
28 750
Free-cash
56 064
50 882
58 769
60 389

Estimated living cost  is ₽28750 per week

₽16674
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2921
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽545
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8611
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽78616
₽76615
₽81689
₽77101
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
21 803
income
-
-
-
23 701
health
-
-
-
11 029
total
-
-
-
56 533
Employee
31 625
-
158 000
-
health
2 207
-
11 029
-
social contributions
4 365
-
21 803
-
income
5 275
-
26 774
-
total
11 847
-
59 606
-
Employer
31 625
-
158 000
-
total
-
-
-
-
Corporate
126 375
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%.

6 319
7 900
-
-
total
6 319
7 900
-
-
Dividends
120 056
150 100
-
-
withholding
18 008
22 515
-
-
health
8 379
10 477
-
-
social contributions
16 568
20 715
-
-
total
42 955
53 707
-
-
Income
158 000
158 000
158 000
158 000
Total tax
61 121
61 607
59 606
56 533
After tax
96 879
96 393
98 394
101 467
Living cost
19 778
19 778
19 778
19 778
Free-cash
77 101
76 615
78 616
81 689

Estimated living cost  is ₽19778 per week

₽13236
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1220
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.
₽4866
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽9064
₽54615
₽48210
₽53171
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
surtax
-
-
-
184
chamber of commerce
-
-
-
632
unemployment
-
-
-
5 721
income
-
-
-
41 893
pensions
-
-
-
20 159
health
-
-
-
8 335
total
-
-
-
76 924
Employee
46 614
37 171
125 267
-
health
1 804
1 439
4 216
-
pensions
4 774
3 806
11 158
-
unemployment
1 398
1 115
3 269
-
other
466
372
1 090
-
income
5 307
2 742
33 172
-
total
13 749
9 474
52 905
-
Employer
46 614
37 171
125 267
-
unemployment
1 398
1 115
3 269
-
payroll
1 398
1 115
3 758
-
accident
605
483
1 416
-
health
1 761
1 405
4 119
-
pensions
5 850
4 666
13 675
-
other
2 214
1 765
5 811
-
surtax
184
184
184
-
chamber of commerce
186
149
501
-
total
13 596
10 882
32 733
-
Corporate
97 789
109 947
121 727
-
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.

24 448
27 487
30 432
-
total
24 448
27 487
30 432
-
Dividends
73 341
82 460
-
-
withholding
20 170
22 676
-
-
total
20 170
22 676
-
-
Income
158 000
158 000
158 000
158 000
Total tax
71 963
70 519
116 070
76 924
After tax
86 037
87 481
41 930
81 076
Living cost
32 866
32 866
32 866
32 866
Free-cash
53 171
54 615
9 064
48 210

Estimated living cost  is ₽32866 per week

₽21920
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2804
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽540
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7602
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽21971
₽54369
₽34449
₽40377
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
23 254
communal

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

-
-
-
8 086
national
-
-
-
58 202
total
-
-
-
89 542
Employee

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

66 719
-
122 378
-
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.

3 135
-
5 751
-
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.

5 004
-
9 178
-
unemployment

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

581
-
1 066
-
national
20 512
-
44 021
-
communal

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

3 480
-
6 383
-
total
32 712
-
66 399
-
Employer

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

66 719
-
122 378
-
unemployment

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

974
-
1 786
-
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.

867
-
1 589
-
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.

4 103
-
7 526
-
pensions

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

5 912
-
10 843
-
surtax
7 565
-
13 877
-
total
19 421
-
35 621
-
Corporate
71 860
158 000
-
-
surtax
287
632
-
-
income
14 373
31 600
-
-
total
14 660
32 232
-
-
Dividends
57 201
125 768
-
-
withholding

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

16 821
37 390
-
-
total
16 821
37 390
-
-
Income
158 000
158 000
158 000
158 000
Total tax
83 614
69 622
102 020
89 542
After tax
74 386
88 378
55 980
68 458
Living cost
34 009
34 009
34 009
34 009
Free-cash
40 377
54 369
21 971
34 449

Estimated living cost  is ₽34009 per week

₽21906
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2974
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽533
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8597
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽51141
₽71708
₽55055
₽65194
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
87
unemployment
-
-
-
605
income
-
-
-
43 324
pensions
-
-
-
24 465
accident
-
-
-
779
total
-
-
-
69 260
Employee
46 429
-
130 439
-
pensions
2 182
-
4 064
-
unemployment
720
-
1 340
-
other
46
-
87
-
income
9 796
-
40 122
-
total
12 744
-
45 613
-
Employer
46 429
-
130 439
-
unemployment
2 554
-
4 754
-
accident
919
-
1 712
-
pensions
10 957
-
20 403
-
other
370
-
692
-
total
14 800
-
27 561
-
Corporate
96 772
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.

14 516
23 701
-
-
total
14 516
23 701
-
-
Dividends
82 256
134 299
-
-
withholding
17 061
28 906
-
-
total
17 061
28 906
-
-
Income
158 000
158 000
158 000
158 000
Total tax
59 121
52 607
73 174
69 260
After tax
98 879
105 393
84 826
88 740
Living cost
33 685
33 685
33 685
33 685
Free-cash
65 194
71 708
51 141
55 055

Estimated living cost  is ₽33685 per week

₽24805
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2390
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽485
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6004
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽34431
₽42138
₽28133
₽30506
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
surtax
-
-
-
7 832
income
-
-
-
25 244
communal
-
-
-
9 985
pensions
-
-
-
23 683
accident
-
-
-
1 333
health
-
-
-
11 102
total
-
-
-
79 179
Employee
70 635
-
141 133
-
health
3 144
-
6 280
-
pensions
5 650
-
11 291
-
surtax
4 329
-
8 650
-
income
6 823
-
29 793
-
total
19 946
-
56 014
-
Employer
70 635
-
141 133
-
accident
635
-
1 271
-
health
2 154
-
4 305
-
pensions
5 650
-
11 291
-
total
8 439
-
16 867
-
Corporate
78 926
158 000
-
-
communal
5 328
10 664
-
-
surtax
828
1 659
-
-
income
11 838
23 701
-
-
total
17 994
36 024
-
-
Dividends
60 931
121 976
-
-
withholding
9 140
18 297
-
-
income
21 287
10 853
-
-
total
30 427
29 150
-
-
Income
158 000
158 000
158 000
158 000
Total tax
76 806
65 174
72 881
79 179
After tax
81 194
92 826
85 119
78 821
Living cost
50 688
50 688
50 688
50 688
Free-cash
30 506
42 138
34 431
28 133

Estimated living cost  is ₽50688 per week

₽38024
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3071
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽536
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9055
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽48149
₽78432
₽53901
₽75464
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
surtax
-
-
-
6 477
other
-
-
-
-
unemployment
-
-
-
212
income
-
-
-
42 725
pensions
-
-
-
24 897
health
-
-
-
8 838
total
-
-
-
83 149
Employee
31 411
-
131 796
-
health
802
-
3 174
-
pensions
2 096
-
8 303
-
unemployment
2 186
-
8 664
-
surtax
112
-
5 411
-
other
-
-
-
-
income
5 266
-
37 146
-
total
10 462
-
62 698
-
Employer
31 411
-
131 796
-
unemployment
997
-
3 945
-
health
1 428
-
5 664
-
pensions
4 188
-
16 594
-
other
-
-
-
-
total
6 613
-
26 203
-
Corporate
119 976
158 000
-
-
income
31 193
41 081
-
-
total
31 193
41 081
-
-
Dividends
88 783
116 919
-
-
withholding
13 318
17 537
-
-
total
13 318
17 537
-
-
Income
158 000
158 000
158 000
158 000
Total tax
61 586
58 618
88 901
83 149
After tax
96 414
99 382
69 099
74 851
Living cost
20 950
20 950
20 950
20 950
Free-cash
75 464
78 432
48 149
53 901

Estimated living cost  is ₽20950 per week

₽12649
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1821
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽487
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5995
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽43131
₽57924
₽50232
₽55850
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
158 000
municipal
-
-
-
938
social contributions
-
-
-
40 638
national
-
-
-
38 684
regional
-
-
-
2 382
total
-
-
-
82 642
Employee
51 740
-
158 000
-
social contributions
17 447
-
53 278
-
national
8 197
-
33 501
-
regional
697
-
2 127
-
municipal
274
-
837
-
total
26 615
-
89 743
-
Employer
51 740
-
158 000
-
total
-
-
-
-
Corporate
106 260
158 000
-
-
municipal
5 282
7 852
-
-
nationa
25 503
37 919
-
-
total
30 785
45 771
-
-
Dividends
75 476
112 229
-
-
withholding
19 624
29 179
-
-
total
19 624
29 179
-
-
Income
158 000
158 000
158 000
158 000
Total tax
77 024
74 950
89 743
82 642
After tax
80 976
83 050
68 257
75 358
Living cost
25 126
25 126
25 126
25 126
Free-cash
55 850
57 924
43 131
50 232

Estimated living cost  is ₽25126 per week

₽15626
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2545
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽430
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6524
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽53348
₽80698
₽60208
₽70678
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
solidarity contribution
-
-
-
-
social contributions
-
-
-
32 796
income
-
-
-
15 581
health
-
-
-
21 330
total
-
-
-
69 707
Employee
41 301
-
119 194
-
health
5 576
-
16 091
-
social contributions
2 685
-
7 300
-
solidarity contribution
-
-
-
-
income
4 956
-
14 370
-
total
13 217
-
37 761
-
Employer
41 301
-
119 194
-
health
3 717
-
10 727
-
social contributions
10 325
-
28 079
-
total
14 042
-
38 806
-
Corporate
102 656
158 000
-
-
income
19 505
30 020
-
-
total
19 505
30 020
-
-
Dividends
83 152
127 980
-
-
withholding
12 473
19 197
-
-
total
12 473
19 197
-
-
Income
158 000
158 000
158 000
158 000
Total tax
59 237
49 217
76 567
69 707
After tax
98 763
108 783
81 433
88 293
Living cost
28 085
28 085
28 085
28 085
Free-cash
70 678
80 698
53 348
60 208

Estimated living cost  is ₽28085 per week

₽20886
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1556
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽486
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5157
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽12229
₽57823
₽51503
₽57363
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
surtax
-
-
-
-
chamber of commerce
-
-
-
632
unemployment
-
-
-
5 721
income
-
-
-
41 893
pensions
-
-
-
20 159
health
-
-
-
8 335
total
-
-
-
76 740
Employee
40 772
37 171
125 438
-
health
1 577
1 439
4 216
-
pensions
4 176
3 806
11 158
-
unemployment
1 223
1 115
3 269
-
other
407
372
1 090
-
income
3 632
2 742
33 245
-
total
11 015
9 474
52 978
-
Employer
40 772
37 171
125 438
-
unemployment
1 223
1 115
3 269
-
payroll
1 223
1 115
3 763
-
accident
529
483
1 416
-
health
1 542
1 405
4 119
-
pensions
5 117
4 666
13 675
-
other
1 936
1 765
5 818
-
surtax
-
-
-
-
chamber of commerce
163
149
501
-
total
11 733
10 698
32 561
-
Corporate
105 494
110 131
121 898
-
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.

26 373
27 533
30 475
-
total
26 373
27 533
30 475
-
Dividends
79 121
82 598
-
-
withholding
21 759
22 715
-
-
total
21 759
22 715
-
-
Income
158 000
158 000
158 000
158 000
Total tax
70 880
70 420
116 014
76 740
After tax
87 120
87 580
41 986
81 260
Living cost
29 757
29 757
29 757
29 757
Free-cash
57 363
57 823
12 229
51 503

Estimated living cost  is ₽29757 per week

₽17851
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3039
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽531
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8337
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽114628
₽138328
₽144648
₽136121
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
14 715
-
158 000
-
income
2 943
-
31 600
-
total
2 943
-
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%.

143 285
158 000
-
-
total
-
-
-
-
Dividends
143 285
158 000
-
-
withholding
7 164
7 900
-
-
total
7 164
7 900
-
-
Income
158 000
158 000
158 000
158 000
Total tax
10 107
7 900
31 600
1 580
After tax
147 893
150 100
126 400
156 420
Living cost
11 772
11 772
11 772
11 772
Free-cash
136 121
138 328
114 628
144 648

Estimated living cost  is ₽11772 per week

₽7966
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽494
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽395
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2917
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽48285
₽83764
₽52469
₽75964
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
unemployment
-
-
-
237
income
-
-
-
35 873
pensions
-
-
-
28 855
health
-
-
-
15 548
total
-
-
-
80 513
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.

41 246
-
136 714
-
health
2 664
-
8 831
-
pensions
6 393
-
21 191
-
unemployment
58
-
191
-
income
7 113
-
33 198
-
total
16 228
-
63 411
-
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.

41 246
-
136 714
-
unemployment
25
-
81
-
health
2 747
-
9 105
-
pensions
3 650
-
12 100
-
total
6 422
-
21 286
-
Corporate
110 333
158 000
-
-
income
20 962
30 020
-
-
total
20 962
30 020
-
-
Dividends
89 370
127 980
-
-
withholding
13 406
19 198
-
-
total
13 406
19 198
-
-
Income
158 000
158 000
158 000
158 000
Total tax
57 018
49 218
84 697
80 513
After tax
100 982
108 782
73 303
77 487
Living cost
25 018
25 018
25 018
25 018
Free-cash
75 964
83 764
48 285
52 469

Estimated living cost  is ₽25018 per week

₽17169
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1604
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽485
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5761
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽105793
₽56118
₽69182
₽12013
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
57 367
-
-
-
social contributions
4 704
-
670
-
income
12 654
-
-
-
total
17 358
-
670
-
Employer
57 367
-
-
-
social contributions
80 888
-
11 528
-
total
80 888
-
11 528
-
Corporate
19 745
158 000
-
-
income
4 344
34 760
-
-
total
4 344
34 760
-
-
Dividends
15 401
123 240
-
-
income
3 388
27 113
-
-
total
3 388
27 113
-
-
Income
158 000
158 000
158 000
158 000
Total tax
105 978
61 873
12 198
48 809
After tax
52 022
96 127
145 802
109 191
Living cost
40 009
40 009
40 009
40 009
Free-cash
12 013
56 118
105 793
69 182

Estimated living cost  is ₽40009 per week

₽25959
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3763
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽510
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9777
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽43786
₽60615
₽55632
₽59674
S + D Salary + Dividends

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

Dividends

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

Salary

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

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

-
-
-
54 905
income
-
-
-
18 206
total
-
-
-
73 111
Employee
42 898
-
127 676
-
social contributions
4 719
-
14 045
-
surtax
-
-
-
-
income
8 923
-
40 590
-
total
13 642
-
54 635
-
Employer
42 898
-
127 676
-
social contributions
10 188
-
30 322
-
total
10 188
-
30 322
-
Corporate
104 913
158 000
-
-
surtax
-
-
-
-
income
22 032
33 179
-
-
total
22 032
33 179
-
-
Dividends
82 882
124 821
-
-
withholding
23 207
34 949
-
-
total
23 207
34 949
-
-
Income
158 000
158 000
158 000
158 000
Total tax
69 069
68 128
84 957
73 111
After tax
88 931
89 872
73 043
84 889
Living cost
29 257
29 257
29 257
29 257
Free-cash
59 674
60 615
43 786
55 632

Estimated living cost  is ₽29257 per week

₽21890
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1726
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽489
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5153
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽42469
₽34582
₽44089
₽40995
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
surtax
-
-
-
-
other
-
-
-
4 898
social contributions
-
-
-
4 503
income
-
-
-
24 203
pensions
-
-
-
28 772
health
-
-
-
6 485
total
-
-
-
68 861
Employee
58 419
-
122 783
-
social contributions
1 664
-
3 499
-
pensions
6 608
-
8 330
-
surtax
-
-
-
-
income
5 097
-
23 435
-
total
13 369
-
35 264
-
Employer
58 419
-
122 783
-
unemployment
2 367
-
4 972
-
health
4 089
-
11 115
-
pensions
9 599
-
14 060
-
other
2 016
-
4 702
-
social contributions
175
-
368
-
total
18 246
-
35 217
-
Corporate
81 336
158 000
-
-
surtax
-
-
-
-
income
22 773
44 240
-
-
total
22 773
44 240
-
-
Dividends
58 563
113 760
-
-
withholding
7 496
14 562
-
-
surtax
-
-
-
-
social contributions
10 071
19 566
-
-
total
17 567
34 128
-
-
Income
158 000
158 000
158 000
158 000
Total tax
71 955
78 368
70 481
68 861
After tax
86 045
79 632
87 519
89 139
Living cost
45 050
45 050
45 050
45 050
Free-cash
40 995
34 582
42 469
44 089

Estimated living cost  is ₽45050 per week

₽30489
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3685
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽618
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10257
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽92740
₽114163
₽88541
₽111028
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
6 661
social contributions
-
-
-
34 760
total
-
-
-
41 421
Employee
29 986
-
136 797
-
social contributions
1 949
-
8 893
-
income
-
-
7 126
-
total
1 949
-
16 019
-
Employer
29 986
-
136 797
-
social contributions
4 648
-
21 203
-
total
4 648
-
21 203
-
Corporate
123 366
158 000
-
-
income
12 337
15 799
-
-
total
12 337
15 799
-
-
Dividends
111 028
142 201
-
-
total
-
-
-
-
Income
158 000
158 000
158 000
158 000
Total tax
18 934
15 799
37 222
41 421
After tax
139 066
142 201
120 778
116 579
Living cost
28 038
28 038
28 038
28 038
Free-cash
111 028
114 163
92 740
88 541

Estimated living cost  is ₽28038 per week

₽18129
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2113
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽527
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7268
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽45226
-₽45226
₽48628
-₽45226
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
158 000
municipal
-
-
-
32 725
labour market
-
-
-
12 575
national
-
-
-
18 342
pensions
-
-
-
809
total
-
-
-
64 451
Employee
189 602
189 602
189 602
-
pensions
270
270
270
-
national
23 163
23 163
23 163
-
labour market
15 147
15 147
15 147
-
municipal
40 375
40 375
40 375
-
total
78 955
78 955
78 955
-
Employer
189 602
189 602
189 602
-
pensions
539
539
539
-
national
23 204
23 204
23 204
-
labour market
15 168
15 168
15 168
-
municipal
40 439
40 439
40 439
-
total
79 350
79 350
79 350
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
158 000
158 000
158 000
158 000
Total tax
158 305
158 305
158 305
64 451
After tax
-305
-305
-305
93 549
Living cost
44 921
44 921
44 921
44 921
Free-cash
-45 226
-45 226
-45 226
48 628

Estimated living cost  is ₽44921 per week

₽30745
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3974
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽691
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9512
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽64992
-₽7724
₽87519
₽9650
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
income
-
-
-
43 365
pensions
-
-
-
3 939
accident
-
-
-
239
health
-
-
-
2 065
total
-
-
-
49 959
Employee
32 282
-
141 730
-
health
3 697
-
16 228
-
pensions
3 635
-
7 223
-
income
4 429
-
32 764
-
total
11 761
-
56 215
-
Employer
32 282
-
141 730
-
unemployment
791
-
3 473
-
accident
539
-
2 367
-
pensions
5 249
-
10 431
-
total
6 579
-
16 271
-
Corporate
119 138
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.

107 224
142 200
-
-
total
107 224
142 200
-
-
Dividends
11 914
15 800
-
-
withholding
2 264
3 002
-
-
total
2 264
3 002
-
-
Income
158 000
158 000
158 000
158 000
Total tax
127 828
145 202
72 486
49 959
After tax
30 172
12 798
85 514
108 041
Living cost
20 522
20 522
20 522
20 522
Free-cash
9 650
-7 724
64 992
87 519

Estimated living cost  is ₽20522 per week

₽14938
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1170
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.
₽4029
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽47475
₽63589
₽67012
₽65779
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
municipal
-
-
-
28 073
national
-
-
-
25 061
health
-
-
-
2 044
total
-
-
-
55 178
Employee
49 073
-
132 919
-
health
366
-
1 659
-
pensions
3 312
-
8 972
-
unemployment
736
-
1 993
-
national
811
-
15 356
-
municipal
8 038
-
21 653
-
total
13 263
-
49 633
-
Employer
49 073
-
132 919
-
unemployment
319
-
864
-
accident
50
-
133
-
health
377
-
1 023
-
pensions
8 514
-
23 062
-
total
9 260
-
25 082
-
Corporate
99 668
158 000
-
-
income
19 934
31 600
-
-
total
19 934
31 600
-
-
Dividends

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

59 800
94 800
-
-
national
3 190
9 938
-
-
municipal
10 764
17 063
-
-
total
13 954
27 001
-
-
Income
158 000
158 000
158 000
158 000
Total tax
56 411
58 601
74 715
55 178
After tax
101 589
99 399
83 285
102 822
Living cost
35 810
35 810
35 810
35 810
Free-cash
65 779
63 589
47 475
67 012

Estimated living cost  is ₽35810 per week

₽23391
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3444
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽570
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8406
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽85306
₽93686
₽86713
₽88610
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
15 091
income
-
-
-
30 572
health
-
-
-
4 029
total
-
-
-
49 692
Employee
71 723
71 723
147 247
-
health
556
1 220
2 503
-
social contributions
2 712
5 953
8 029
-
income
7 809
6 639
29 814
-
total
11 077
13 812
40 346
-
Employer
71 723
71 723
147 247
-
health
604
1 328
2 724
-
social contributions
2 712
5 953
8 029
-
total
3 316
7 281
10 753
-
Corporate
122 013
78 997
-
-
income
15 252
9 875
-
-
total
15 252
9 875
-
-
Dividends
106 760
69 122
-
-
withholding
18 150
11 751
-
-
total
18 150
11 751
-
-
Income
158 000
158 000
158 000
158 000
Total tax
47 795
42 719
51 099
49 692
After tax
110 205
115 281
106 901
108 308
Living cost
21 595
21 595
21 595
21 595
Free-cash
88 610
93 686
85 306
86 713

Estimated living cost  is ₽21595 per week

₽12942
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2119
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽478
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6057
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽99122
₽116030
₽117832
₽111286
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
unemployment
-
-
-
27
income
-
-
-
16 024
pensions
-
-
-
5 933
health
-
-
-
3 375
total
-
-
-
25 359
Employee

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

21 409
-
148 884
-
health
1 820
-
7 523
-
pensions
3 211
-
13 275
-
unemployment
106
-
443
-
income
1 464
-
13 711
-
total
6 601
-
34 952
-
Employer

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

21 409
-
148 884
-
unemployment
106
-
443
-
health
920
-
3 806
-
pensions
1 177
-
4 868
-
total
2 203
-
9 117
-
Corporate
134 387
158 000
-
-
income
12 095
14 220
-
-
total
12 095
14 220
-
-
Dividends
122 292
143 780
-
-
withholding
11 006
12 941
-
-
total
11 006
12 941
-
-
Income
158 000
158 000
158 000
158 000
Total tax
31 905
27 161
44 069
25 359
After tax
126 095
130 839
113 931
132 641
Living cost
14 809
14 809
14 809
14 809
Free-cash
111 286
116 030
99 122
117 832

Estimated living cost  is ₽14809 per week

₽9448
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1067
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽441
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3852
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽59177
₽79744
₽63091
₽75626
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
87
unemployment
-
-
-
605
income
-
-
-
43 324
pensions
-
-
-
24 465
accident
-
-
-
779
total
-
-
-
69 260
Employee
34 489
-
130 439
-
pensions
1 621
-
4 064
-
unemployment
535
-
1 340
-
other
34
-
87
-
income
6 649
-
40 122
-
total
8 839
-
45 613
-
Employer
34 489
-
130 439
-
unemployment
1 897
-
4 754
-
accident
683
-
1 712
-
pensions
8 139
-
20 403
-
other
276
-
692
-
total
10 995
-
27 561
-
Corporate
112 516
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.

16 877
23 701
-
-
total
16 877
23 701
-
-
Dividends
95 639
134 299
-
-
withholding
20 014
28 906
-
-
total
20 014
28 906
-
-
Income
158 000
158 000
158 000
158 000
Total tax
56 725
52 607
73 174
69 260
After tax
101 275
105 393
84 826
88 740
Living cost
25 649
25 649
25 649
25 649
Free-cash
75 626
79 744
59 177
63 091

Estimated living cost  is ₽25649 per week

₽17313
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2466
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽450
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5422
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽99551
₽96693
₽99686
₽96381
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
54 026
pensions
-
-
-
1 385
health
-
-
-
1 004
total
-
-
-
56 415
Employee
2 893
-
156 441
-
health
145
-
346
-
pensions
260
-
623
-
unemployment
29
-
69
-
income
560
-
53 953
-
total
994
-
54 991
-
Employer
2 893
-
156 441
-
unemployment
58
-
139
-
health
275
-
658
-
pensions
318
-
762
-
total
651
-
1 559
-
Corporate
154 456
158 000
-
-
income
33 980
34 760
-
-
total
33 980
34 760
-
-
Dividends
120 476
123 240
-
-
withholding
24 095
24 648
-
-
total
24 095
24 648
-
-
Income
158 000
158 000
158 000
158 000
Total tax
59 720
59 408
56 550
56 415
After tax
98 280
98 592
101 450
101 585
Living cost
1 899
1 899
1 899
1 899
Free-cash
96 381
96 693
99 551
99 686

Estimated living cost  is ₽1899 per week

₽1129
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽154
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽43
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽573
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽80203
₽98022
₽80204
₽93433
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
unemployment
-
-
-
1 034
income
-
-
-
35 603
pensions
-
-
-
17 925
health
-
-
-
7 101
total
-
-
-
61 663
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.

24 328
-
145 659
-
health
1 253
-
3 551
-
pensions
3 406
-
9 652
-
unemployment
182
-
517
-
income
3 353
-
35 603
-
total
8 194
-
49 323
-
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.

24 328
-
145 659
-
unemployment
182
-
517
-
health
1 253
-
3 551
-
pensions
2 919
-
8 273
-
total
4 354
-
12 341
-
Corporate
129 317
158 000
-
-
income
19 398
23 700
-
-
total
19 398
23 700
-
-
Dividends
109 920
134 300
-
-
withholding
16 488
20 145
-
-
total
16 488
20 145
-
-
Income
158 000
158 000
158 000
158 000
Total tax
48 434
43 845
61 664
61 663
After tax
109 566
114 155
96 336
96 337
Living cost
16 133
16 133
16 133
16 133
Free-cash
93 433
98 022
80 203
80 204

Estimated living cost  is ₽16133 per week

₽10863
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1248
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽467
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3556
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽47897
₽64726
₽59743
₽64387
S + D Salary + Dividends

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

Dividends

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

Salary

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

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

-
-
-
54 905
income
-
-
-
18 206
total
-
-
-
73 111
Employee
36 201
-
127 676
-
social contributions
3 983
-
14 045
-
surtax
-
-
-
-
income
7 074
-
40 590
-
total
11 057
-
54 635
-
Employer
36 201
-
127 676
-
social contributions
8 597
-
30 322
-
total
8 597
-
30 322
-
Corporate
113 202
158 000
-
-
surtax
-
-
-
-
income
23 772
33 179
-
-
total
23 772
33 179
-
-
Dividends
89 430
124 821
-
-
withholding
25 041
34 949
-
-
total
25 041
34 949
-
-
Income
158 000
158 000
158 000
158 000
Total tax
68 467
68 128
84 957
73 111
After tax
89 533
89 872
73 043
84 889
Living cost
25 146
25 146
25 146
25 146
Free-cash
64 387
64 726
47 897
59 743

Estimated living cost  is ₽25146 per week

₽17810
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.
₽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.
₽5144
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽52046
₽72613
₽55960
₽66415
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
87
unemployment
-
-
-
605
income
-
-
-
43 324
pensions
-
-
-
24 465
accident
-
-
-
779
total
-
-
-
69 260
Employee
45 047
-
130 439
-
pensions
2 117
-
4 064
-
unemployment
697
-
1 340
-
other
44
-
87
-
income
9 409
-
40 122
-
total
12 267
-
45 613
-
Employer
45 047
-
130 439
-
unemployment
2 478
-
4 754
-
accident
892
-
1 712
-
pensions
10 631
-
20 403
-
other
361
-
692
-
total
14 362
-
27 561
-
Corporate
98 591
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.

14 789
23 701
-
-
total
14 789
23 701
-
-
Dividends
83 803
134 299
-
-
withholding
17 387
28 906
-
-
total
17 387
28 906
-
-
Income
158 000
158 000
158 000
158 000
Total tax
58 805
52 607
73 174
69 260
After tax
99 195
105 393
84 826
88 740
Living cost
32 780
32 780
32 780
32 780
Free-cash
66 415
72 613
52 046
55 960

Estimated living cost  is ₽32780 per week

₽23541
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2549
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽462
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6229
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽115671
₽119038
₽109546
₽113349
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
unemployment
-
-
-
130
income
-
-
-
23 700
pensions

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

-
-
-
4 824
health
-
-
-
3 748
total
-
-
-
32 402
Employee
21 255
-
151 605
-
health
978
-
1 499
-
accident

We are using the highest rate at 1.1%.

234
-
359
-
pensions

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

1 866
-
2 862
-
income
2 126
-
15 161
-
total
5 204
-
19 881
-
Employer
21 255
-
151 605
-
unemployment
128
-
196
-
accident

We are using the highest rate at 1.1%.

234
-
359
-
health
1 467
-
2 249
-
pensions

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

2 342
-
3 592
-
total
4 171
-
6 396
-
Corporate
132 575
158 000
-
-
income
13 258
15 800
-
-
total
13 258
15 800
-
-
Dividends
119 317
142 200
-
-
withholding
5 966
7 110
-
-
total
5 966
7 110
-
-
Income
158 000
158 000
158 000
158 000
Total tax
28 599
22 910
26 277
32 402
After tax
129 401
135 090
131 723
125 598
Living cost
16 052
16 052
16 052
16 052
Free-cash
113 349
119 038
115 671
109 546

Estimated living cost  is ₽16052 per week

₽10617
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽919
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽383
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4134
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽64829
₽45316
₽48378
₽57518
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
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.

-
-
-
2 648
trade
-
-
-
16 451
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.

-
-
-
48 141
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.

-
-
-
6 372
total
-
-
-
73 612
Employee

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

46 409
-
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.

6 372
-
6 372
-
surtax

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

211
-
2 648
-
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.

3 816
-
48 141
-
total
10 399
-
57 161
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
111 591
158 000
-
-
chamber of commerce
304
373
-
-
trade
16 013
22 672
-
-
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.

920
1 303
-
-
income
16 739
23 701
-
-
total
33 976
48 049
-
-
Dividends
77 613
109 951
-
-
withholding
19 049
27 133
-
-
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.

1 048
1 492
-
-
total
20 097
28 625
-
-
Income
158 000
158 000
158 000
158 000
Total tax
64 472
76 674
57 161
73 612
After tax
93 528
81 326
100 839
84 388
Living cost
36 010
36 010
36 010
36 010
Free-cash
57 518
45 316
64 829
48 378

Estimated living cost  is ₽36010 per week

₽24841
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3875
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽522
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6772
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽30869
₽57468
₽30869
₽59527
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
47 784
social contributions
-
-
-
26 215
total
-
-
-
73 999
Employee
72 960
-
158 000
-
social contributions
6 061
-
26 215
-
income
13 767
-
47 784
-
total
19 828
-
73 999
-
Employer
72 960
-
158 000
-
total
-
-
-
-
Corporate
85 040
158 000
-
-
income
10 631
19 750
-
-
total
10 631
19 750
-
-
Dividends
74 409
138 250
-
-
withholding
14 882
27 650
-
-
total
14 882
27 650
-
-
Income
158 000
158 000
158 000
158 000
Total tax
45 341
47 400
73 999
73 999
After tax
112 659
110 600
84 001
84 001
Living cost
53 132
53 132
53 132
53 132
Free-cash
59 527
57 468
30 869
30 869

Estimated living cost  is ₽53132 per week

₽40422
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4329
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽508
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7873
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽78865
₽63915
₽91910
₽67173
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
26 550
health

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

-
-
-
5 682
total
-
-
-
32 232
Employee
42 788
-
153 709
-
social contributions
4 287
-
4 291
-
income
4 643
-
36 695
-
total
8 930
-
40 986
-
Employer
42 788
-
153 709
-
social contributions
4 287
-
4 291
-
total
4 287
-
4 291
-
Corporate
110 925
158 000
-
-
income
38 824
55 299
-
-
total
38 824
55 299
-
-
Dividends
72 101
102 701
-
-
social contributions
4 928
4 928
-
-
total
4 928
4 928
-
-
Income
158 000
158 000
158 000
158 000
Total tax
56 969
60 227
45 277
32 232
After tax
101 031
97 773
112 723
125 768
Living cost
33 858
33 858
33 858
33 858
Free-cash
67 173
63 915
78 865
91 910

Estimated living cost  is ₽33858 per week

₽22302
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2669
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽519
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8367
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽56106
₽69342
₽70449
₽74904
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
44 369
pensions
-
-
-
8 300
total
-
-
-
52 669
Employee
47 881
-
138 090
-
health
625
-
2 031
-
pensions
3 654
-
10 265
-
income
8 719
-
34 805
-
total
12 998
-
47 101
-
Employer
47 881
-
138 090
-
health
910
-
2 625
-
pensions
4 837
-
17 286
-
total
5 747
-
19 911
-
Corporate
104 372
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.

19 830
30 020
-
-
total
19 830
30 020
-
-
Dividends
84 542
127 980
-
-
withholding
9 639
23 756
-
-
total
9 639
23 756
-
-
Income
158 000
158 000
158 000
158 000
Total tax
48 214
53 776
67 012
52 669
After tax
109 786
104 224
90 988
105 331
Living cost
34 882
34 882
34 882
34 882
Free-cash
74 904
69 342
56 106
70 449

Estimated living cost  is ₽34882 per week

₽23929
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3208
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽436
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7307
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽62960
-₽9756
₽85487
₽9340
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
income
-
-
-
43 365
pensions
-
-
-
3 939
accident
-
-
-
239
health
-
-
-
2 065
total
-
-
-
49 959
Employee
35 478
-
141 730
-
health
4 062
-
16 228
-
pensions
3 995
-
7 223
-
income
4 867
-
32 764
-
total
12 924
-
56 215
-
Employer
35 478
-
141 730
-
unemployment
869
-
3 473
-
accident
592
-
2 367
-
pensions
5 768
-
10 431
-
total
7 229
-
16 271
-
Corporate
115 292
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.

103 763
142 200
-
-
total
103 763
142 200
-
-
Dividends
11 529
15 800
-
-
withholding
2 190
3 002
-
-
total
2 190
3 002
-
-
Income
158 000
158 000
158 000
158 000
Total tax
126 106
145 202
72 486
49 959
After tax
31 894
12 798
85 514
108 041
Living cost
22 554
22 554
22 554
22 554
Free-cash
9 340
-9 756
62 960
85 487

Estimated living cost  is ₽22554 per week

₽16552
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1314
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽454
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4233
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽98916
₽120350
₽78392
₽115982
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
unemployment
-
-
-
1 791
health insurance
-
-
-
11 046
income
-
-
-
25 953
pensions
-
-
-
27 465
work injury
-
-
-
746
total
-
-
-
67 001
Employee

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

20 172
-
158 000
-
pensions
3 712
-
13 732
-
unemployment
242
-
896
-
work injury
101
-
373
-
health insurance
1 493
-
5 523
-
income
2 017
-
25 953
-
total
7 565
-
46 477
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
137 828
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%.

1 378
1 580
-
-
total
1 378
1 580
-
-
Dividends
136 450
156 420
-
-
withholding
20 468
23 463
-
-
total
20 468
23 463
-
-
Income
158 000
158 000
158 000
158 000
Total tax
29 411
25 043
46 477
67 001
After tax
128 589
132 957
111 523
90 999
Living cost
12 607
12 607
12 607
12 607
Free-cash
115 982
120 350
98 916
78 392

Estimated living cost  is ₽12607 per week

₽7810
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽916
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽393
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3487
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽29918
₽46066
₽36851
₽41823
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
158 000
municipal
-
-
-
1 057
social contributions
-
-
-
40 638
national
-
-
-
38 684
regional
-
-
-
3 612
total
-
-
-
83 991
Employee
78 598
-
158 000
-
social contributions
26 503
-
53 278
-
national
13 282
-
33 501
-
regional
1 187
-
3 203
-
municipal
469
-
942
-
total
41 441
-
90 924
-
Employer
78 598
-
158 000
-
total
-
-
-
-
Corporate
79 402
158 000
-
-
municipal
3 827
7 616
-
-
nationa
19 056
37 919
-
-
total
22 883
45 535
-
-
Dividends
56 519
112 464
-
-
withholding
14 695
29 241
-
-
total
14 695
29 241
-
-
Income
158 000
158 000
158 000
158 000
Total tax
79 019
74 776
90 924
83 991
After tax
78 981
83 224
67 076
74 009
Living cost
37 158
37 158
37 158
37 158
Free-cash
41 823
46 066
29 918
36 851

Estimated living cost  is ₽37158 per week

₽26101
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2556
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽561
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7939
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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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