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
₽ 158500
per

Your estimated
City
free-cash

Dresden , Germany
₽49406
₽60568
₽54031
₽71604
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
158 500
trade
-
-
-
17 573
income

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

-
-
-
46 857
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.

-
-
-
6 894
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.

-
-
-
2 578
total
-
-
-
73 902
Employee

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

38 599
-
158 500
-
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.

6 894
-
6 894
-
surtax

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

59
-
2 578
-
income

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

1 078
-
46 857
-
total
8 031
-
56 329
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
119 901
158 500
-
-
surtax

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

990
1 308
-
-
income
17 985
23 774
-
-
trade
18 885
24 964
-
-
chamber of commerce
326
381
-
-
total
38 186
50 427
-
-
Dividends
81 715
108 073
-
-
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.

1 103
1 465
-
-
withholding
20 045
26 635
-
-
total
21 148
28 100
-
-
Income
158 500
158 500
158 500
158 500
Total tax
67 365
78 527
56 329
73 902
After tax
91 135
79 973
102 171
84 598
Living cost
30 567
30 567
30 567
30 567
Free-cash
60 568
49 406
71 604
54 031

Estimated living cost  is ₽30567 per week

₽19228
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3564
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽571
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7205
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽47910
₽47062
₽42850
₽44093
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
158 500
municipal
-
-
-
17 231
pensions
-
-
-
19 020
national
-
-
-
26 701
social contributions
-
-
-
1 704
total
-
-
-
64 656
Employee
79 050
-
137 022
-
municipal
9 764
-
17 845
-
pensions
3 162
-
5 481
-
national
15 130
-
27 652
-
total
28 056
-
50 978
-
Employer
79 050
-
137 022
-
social contributions
850
-
1 473
-
pensions
6 324
-
10 962
-
total
7 174
-
12 435
-
Corporate
67 059
158 500
-
-
income

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

13 412
31 700
-
-
total
13 412
31 700
-
-
Dividends
53 647
126 800
-
-
withholding
11 802
27 896
-
-
total
11 802
27 896
-
-
Income
158 500
158 500
158 500
158 500
Total tax
60 444
59 596
63 413
64 656
After tax
98 056
98 904
95 087
93 844
Living cost
50 994
50 994
50 994
50 994
Free-cash
47 062
47 910
44 093
42 850

Estimated living cost  is ₽50994 per week

₽34660
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4740
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽763
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10830
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽105804
₽97528
₽32009
₽74681
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
158 500
microenterprise
-
-
-
-
income
-
-
-
26 413
surtax
-
-
-
40 417
social contributions

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

-
-
-
38 666
total
-
-
-
105 496
Employee
29 489
-
115 142
-
social contributions

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

3 244
-
12 665
-
surtax
-
-
-
-
income
5 249
-
22 420
-
total
8 493
-
35 085
-
Employer
29 489
-
115 142
-
social contributions

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

7 103
-
27 739
-
surtax
-
-
-
-
total
7 103
-
27 739
-
Corporate
121 908
158 500
-
-
income

Corporate income tax rate is 20% applicable to the taxable base. However, before applying the statutory rate, the taxable base should be divided by a coefficient of 0.8. As taxable base is increased by the coefficient, the effective corporate income tax rate is 25%.

24 381
31 701
-
-
total
24 381
31 701
-
-
Dividends

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

97 527
126 799
-
-
total
-
-
-
-
Income
158 500
158 500
158 500
158 500
Total tax
39 977
31 701
62 824
105 496
After tax
118 523
126 799
95 676
53 004
Living cost
20 995
20 995
20 995
20 995
Free-cash
97 528
105 804
74 681
32 009

Estimated living cost  is ₽20995 per week

₽13394
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1999
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽477
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5125
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽35909
₽29728
₽46570
₽54659
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
158 500
income
-
-
-
45 386
pensions
-
-
-
11 824
health
-
-
-
12 444
total
-
-
-
69 654
Employee
86 180
86 180
139 745
-
health
13 228
11 251
12 444
-
income

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

14 106
14 106
18 542
-
pensions
15 512
11 824
11 824
-
total
42 846
37 181
42 810
-
Employer
86 180
86 180
139 745
-
unemployment
3 102
3 102
3 855
-
pensions
5 998
5 998
7 456
-
health
5 990
5 990
7 444
-
total
15 090
15 090
18 755
-
Corporate
58 286
57 229
-
-
income
11 657
11 447
-
-
total
11 657
11 447
-
-
Dividends
46 629
45 782
-
-
income
9 909
9 729
-
-
withholding
6 994
6 868
-
-
total
16 903
16 597
-
-
Income
158 500
158 500
158 500
158 500
Total tax
86 496
80 315
61 565
69 654
After tax
72 004
78 185
96 935
88 846
Living cost
42 276
42 276
42 276
42 276
Free-cash
29 728
35 909
54 659
46 570

Estimated living cost  is ₽42276 per week

₽29960
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3811
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽672
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7833
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽47549
₽46674
₽43238
₽42291
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
158 500
municipal
-
-
-
39 882
accident
-
-
-
171
pensions
-
-
-
9 238
other
-
-
-
9 930
unemployment
-
-
-
86
health
-
-
-
5 332
national
-
-
-
11 631
total
-
-
-
76 270
Employee
55 560
-
131 650
-
municipal
16 568
-
39 258
-
national
-
-
11 108
-
total
16 568
-
50 366
-
Employer
55 560
-
131 650
-
accident
111
-
171
-
other
6 456
-
9 930
-
unemployment
1 467
-
2 256
-
pensions
6 006
-
9 238
-
health
3 417
-
5 256
-
total
17 457
-
26 851
-
Corporate
85 483
158 500
-
-
income
18 806
34 870
-
-
total
18 806
34 870
-
-
Dividends
66 677
123 630
-
-
withholding
20 003
37 089
-
-
total
20 003
37 089
-
-
Income
158 500
158 500
158 500
158 500
Total tax
72 834
71 959
77 217
76 270
After tax
85 666
86 541
81 283
82 230
Living cost
38 992
38 992
38 992
38 992
Free-cash
46 674
47 549
42 291
43 238

Estimated living cost  is ₽38992 per week

₽25842
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3826
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽592
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8731
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽39514
₽53693
₽44172
₽62526
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
158 500
trade
-
-
-
18 354
income

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

-
-
-
46 857
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.

-
-
-
6 894
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.

-
-
-
2 578
total
-
-
-
74 683
Employee

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

51 178
-
158 500
-
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.

6 894
-
6 894
-
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.

241
-
2 578
-
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.

4 397
-
46 857
-
total
11 532
-
56 329
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
107 322
158 500
-
-
surtax

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

885
1 308
-
-
income
16 098
23 774
-
-
trade
17 655
26 072
-
-
chamber of commerce
306
379
-
-
total
34 944
51 533
-
-
Dividends
72 377
106 966
-
-
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.

975
1 450
-
-
withholding
17 711
26 358
-
-
total
18 686
27 808
-
-
Income
158 500
158 500
158 500
158 500
Total tax
65 162
79 341
56 329
74 683
After tax
93 338
79 159
102 171
83 817
Living cost
39 645
39 645
39 645
39 645
Free-cash
53 693
39 514
62 526
44 172

Estimated living cost  is ₽39645 per week

₽26515
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4181
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽592
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8358
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽82955
₽78771
₽76568
₽75120
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
158 500
income
-
-
-
28 830
health
-
-
-
4 041
social contributions
-
-
-
16 328
total
-
-
-
49 199
Employee
77 601
77 601
147 092
-
social contributions
3 771
6 441
8 687
-
health
772
1 320
2 501
-
income
8 149
7 184
28 051
-
total
12 692
14 945
39 239
-
Employer
77 601
77 601
147 092
-
social contributions
3 771
6 441
8 687
-
health
841
1 436
2 721
-
total
4 612
7 877
11 408
-
Corporate
108 464
73 022
-
-
income
13 557
9 127
-
-
total
13 557
9 127
-
-
Dividends
94 907
63 894
-
-
withholding
16 135
10 863
-
-
total
16 135
10 863
-
-
Income
158 500
158 500
158 500
158 500
Total tax
46 996
42 812
50 647
49 199
After tax
111 504
115 688
107 853
109 301
Living cost
32 733
32 733
32 733
32 733
Free-cash
78 771
82 955
75 120
76 568

Estimated living cost  is ₽32733 per week

₽22376
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2557
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽550
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7251
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽70742
₽71123
₽91464
₽73546
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
158 500
income
-
-
-
19 377
pensions
-
-
-
15 850
unemployment
-
-
-
2 378
health
-
-
-
11 095
total
-
-
-
48 700
Employee

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

The minimum wage is 138,000 HUF per month.

26 469
10 534
132 636
-
health
1 853
737
9 285
-
income
3 236
1 288
16 215
-
pensions
2 647
1 053
13 264
-
unemployment
397
158
1 990
-
total
8 133
3 236
40 754
-
Employer

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

The minimum wage is 138,000 HUF per month.

26 469
10 534
132 636
-
pensions
5 161
2 054
25 864
-
total
5 161
2 054
25 864
-
Corporate
126 870
145 912
-
-
income
11 418
13 132
-
-
total
11 418
13 132
-
-
Dividends
115 452
132 780
-
-
social contributions
22 393
25 772
-
-
withholding
21 936
25 228
-
-
total
44 329
51 000
-
-
Income
158 500
158 500
158 500
158 500
Total tax
69 041
69 422
66 618
48 700
After tax
89 459
89 078
91 882
109 800
Living cost
18 336
18 336
18 336
18 336
Free-cash
71 123
70 742
73 546
91 464

Estimated living cost  is ₽18336 per week

₽12513
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1500
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽366
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3957
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽102424
₽96155
₽60580
₽66981
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
158 500
income
-
-
-
21 239
pensions
-
-
-
31 701
health
-
-
-
20 605
total
-
-
-
73 545
Employee
28 629
-
118 461
-
income
3 223
-
22 840
-
pensions
573
-
2 369
-
unemployment
458
-
1 896
-
total
4 254
-
27 105
-
Employer
28 629
-
118 461
-
unemployment
230
-
948
-
pensions
5 726
-
23 692
-
health
3 721
-
15 399
-
total
9 677
-
40 039
-
Corporate
120 194
158 500
-
-
income
24 039
31 701
-
-
total
24 039
31 701
-
-
Dividends
96 156
126 799
-
-
total
-
-
-
-
Income
158 500
158 500
158 500
158 500
Total tax
37 970
31 701
67 144
73 545
After tax
120 530
126 799
91 356
84 955
Living cost
24 375
24 375
24 375
24 375
Free-cash
96 155
102 424
66 981
60 580

Estimated living cost  is ₽24375 per week

₽16719
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1452
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽490
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5715
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽9234
₽9453
₽86345
₽63382
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
158 500
accident
-
-
-
253
income
-
-
-
43 096
pensions
-
-
-
4 174
other
-
-
-
372
health
-
-
-
2 188
total
-
-
-
50 083
Employee
34 721
-
141 612
-
health
3 975
-
16 215
-
income
4 763
-
32 289
-
pensions
3 910
-
7 654
-
total
12 648
-
56 158
-
Employer
34 721
-
141 612
-
accident
580
-
2 365
-
unemployment
851
-
3 470
-
pensions
5 646
-
11 053
-
total
7 077
-
16 888
-
Corporate
116 703
158 500
-
-
income

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

105 033
142 650
-
-
total
105 033
142 650
-
-
Dividends
11 670
15 850
-
-
withholding
2 217
3 012
-
-
total
2 217
3 012
-
-
Income
158 500
158 500
158 500
158 500
Total tax
126 975
145 662
73 046
50 083
After tax
31 525
12 838
85 454
108 417
Living cost
22 072
22 072
22 072
22 072
Free-cash
9 453
-9 234
63 382
86 345

Estimated living cost  is ₽22072 per week

₽16177
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1223
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽461
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4212
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽141495
₽139792
₽147835
₽117720
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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%.

-
-
-
158 500
microenterprise

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

-
-
-
1 585
total
-
-
-
1 585
Employee
11 349
-
158 500
-
income
2 270
-
31 700
-
total
2 270
-
31 700
-
Employer
-
-
-
-
total
-
-
-
-
Corporate

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

147 151
158 500
-
-
total
-
-
-
-
Dividends
147 151
158 500
-
-
withholding
7 358
7 925
-
-
total
7 358
7 925
-
-
Income
158 500
158 500
158 500
158 500
Total tax
9 628
7 925
31 700
1 585
After tax
148 872
150 575
126 800
156 915
Living cost
9 080
9 080
9 080
9 080
Free-cash
139 792
141 495
117 720
147 835

Estimated living cost  is ₽9080 per week

₽5627
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽755
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽250
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2448
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽89559
₽82743
₽58099
₽63406
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
158 500
income
-
-
-
22 637
pensions

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

-
-
-
36 831
other
-
-
-
7 289
health
-
-
-
6 753
total
-
-
-
73 510
Employee
36 642
-
126 598
-
health
513
-
1 771
-
income
6 308
-
24 404
-
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.

2 564
-
8 861
-
unemployment
366
-
1 266
-
total
9 751
-
36 302
-
Employer
36 642
-
126 598
-
accident
293
-
1 013
-
other
1 833
-
6 329
-
unemployment
366
-
1 266
-
pensions

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

6 230
-
21 522
-
health
513
-
1 771
-
total
9 235
-
31 901
-
Corporate
112 623
158 500
-
-
income
23 652
33 285
-
-
total
23 652
33 285
-
-
Dividends
88 971
125 215
-
-
withholding
6 228
8 765
-
-
total
6 228
8 765
-
-
Income
158 500
158 500
158 500
158 500
Total tax
48 866
42 050
68 203
73 510
After tax
109 634
116 450
90 297
84 990
Living cost
26 891
26 891
26 891
26 891
Free-cash
82 743
89 559
63 406
58 099

Estimated living cost  is ₽26891 per week

₽19000
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1816
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽433
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5642
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽38168
₽37119
₽38872
₽24415
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
158 500
income
-
-
-
43 188
pensions
-
-
-
8 714
total
-
-
-
51 902
Employee
95 822
-
138 642
-
health
1 579
-
2 088
-
income
17 273
-
33 549
-
pensions
9 244
-
10 864
-
total
28 096
-
46 501
-
Employer
95 822
-
138 642
-
pensions
11 314
-
17 224
-
health
1 820
-
2 634
-
total
13 134
-
19 858
-
Corporate
49 544
158 500
-
-
income

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

9 414
30 115
-
-
total
9 414
30 115
-
-
Dividends
40 130
128 385
-
-
withholding
3 011
22 491
-
-
total
3 011
22 491
-
-
Income
158 500
158 500
158 500
158 500
Total tax
53 655
52 606
66 359
51 902
After tax
104 845
105 894
92 141
106 598
Living cost
67 726
67 726
67 726
67 726
Free-cash
37 119
38 168
24 415
38 872

Estimated living cost  is ₽67726 per week

₽50749
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽7957
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽551
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8470
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details

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
₽122278
₽117588
₽112069
₽118075
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
158 500
income
-
-
-
23 775
pensions

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

-
-
-
5 220
unemployment
-
-
-
141
health
-
-
-
4 056
total
-
-
-
33 192
Employee
17 531
-
151 580
-
health
806
-
1 622
-
accident

We are using the highest rate at 1.1%.

193
-
388
-
income
1 753
-
15 158
-
pensions

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

1 539
-
3 097
-
total
4 291
-
20 265
-
Employer
17 531
-
151 580
-
accident

We are using the highest rate at 1.1%.

193
-
388
-
unemployment
105
-
212
-
pensions

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

1 932
-
3 887
-
health
1 210
-
2 434
-
total
3 440
-
6 921
-
Corporate
137 529
158 500
-
-
income
13 753
15 850
-
-
total
13 753
15 850
-
-
Dividends
123 776
142 650
-
-
withholding
6 189
7 133
-
-
total
6 189
7 133
-
-
Income
158 500
158 500
158 500
158 500
Total tax
27 673
22 983
27 186
33 192
After tax
130 827
135 517
131 314
125 308
Living cost
13 239
13 239
13 239
13 239
Free-cash
117 588
122 278
118 075
112 069

Estimated living cost  is ₽13239 per week

₽7729
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽945
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽351
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4214
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽22224
₽24762
₽32885
₽40974
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
158 500
income
-
-
-
45 386
pensions
-
-
-
11 824
health
-
-
-
12 444
total
-
-
-
69 654
Employee
93 564
86 180
139 745
-
health
11 673
11 251
12 444
-
income

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

14 106
14 106
18 542
-
pensions
11 824
11 824
11 824
-
total
37 603
37 181
42 810
-
Employer
93 564
86 180
139 745
-
unemployment
3 369
3 102
3 855
-
pensions
6 511
5 998
7 456
-
health
6 502
5 990
7 444
-
total
16 382
15 090
18 755
-
Corporate
48 554
57 229
-
-
income
9 712
11 447
-
-
total
9 712
11 447
-
-
Dividends
38 843
45 782
-
-
income
8 254
9 729
-
-
withholding
5 826
6 868
-
-
total
14 080
16 597
-
-
Income
158 500
158 500
158 500
158 500
Total tax
77 777
80 315
61 565
69 654
After tax
80 723
78 185
96 935
88 846
Living cost
55 961
55 961
55 961
55 961
Free-cash
24 762
22 224
40 974
32 885

Estimated living cost  is ₽55961 per week

₽41280
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4998
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽642
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9041
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽84956
₽76334
₽62803
₽56262
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
158 500
income
-
-
-
15 348
health
-
-
-
21 397
solidarity contribution
-
-
-
-
social contributions
-
-
-
34 781
total
-
-
-
71 526
Employee
35 546
-
118 284
-
social contributions
2 310
-
7 688
-
health
4 799
-
15 968
-
solidarity contribution
-
-
-
-
income
4 265
-
14 194
-
total
11 374
-
37 850
-
Employer
35 546
-
118 284
-
social contributions
8 886
-
29 571
-
health
3 199
-
10 646
-
total
12 085
-
40 217
-
Corporate
110 869
158 500
-
-
income
21 065
30 115
-
-
total
21 065
30 115
-
-
Dividends
89 804
128 385
-
-
withholding
13 471
19 258
-
-
total
13 471
19 258
-
-
Income
158 500
158 500
158 500
158 500
Total tax
57 995
49 373
78 067
71 526
After tax
100 505
109 127
80 433
86 974
Living cost
24 171
24 171
24 171
24 171
Free-cash
76 334
84 956
56 262
62 803

Estimated living cost  is ₽24171 per week

₽16789
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1720
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽475
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5187
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽41981
₽36714
₽34293
₽27124
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
158 500
municipal
-
-
-
942
regional
-
-
-
1 851
national
-
-
-
38 063
social contributions
-
-
-
40 767
total
-
-
-
81 623
Employee
89 690
-
158 500
-
social contributions
30 243
-
53 447
-
regional
846
-
1 631
-
municipal
475
-
841
-
national
15 541
-
32 873
-
total
47 105
-
88 792
-
Employer
89 690
-
158 500
-
total
-
-
-
-
Corporate
68 810
158 500
-
-
nationa
16 514
38 040
-
-
municipal
2 683
6 182
-
-
total
19 197
44 222
-
-
Dividends
49 613
114 278
-
-
withholding
12 900
29 713
-
-
total
12 900
29 713
-
-
Income
158 500
158 500
158 500
158 500
Total tax
79 202
73 935
88 792
81 623
After tax
79 298
84 565
69 708
76 877
Living cost
42 584
42 584
42 584
42 584
Free-cash
36 714
41 981
27 124
34 293

Estimated living cost  is ₽42584 per week

₽29684
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2792
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽653
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9453
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽77428
₽74287
₽52949
₽47242
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
158 500
income
-
-
-
40 625
pensions
-
-
-
26 938
other
-
-
-
-
unemployment
-
-
-
230
health
-
-
-
9 562
surtax
-
-
-
5 927
total
-
-
-
83 282
Employee
33 373
-
130 938
-
other
-
-
-
-
health
852
-
3 338
-
surtax
109
-
5 025
-
income
5 594
-
35 217
-
pensions
2 225
-
8 733
-
unemployment
2 323
-
9 114
-
total
11 103
-
61 427
-
Employer
33 373
-
130 938
-
other
-
-
-
-
unemployment
1 057
-
4 150
-
pensions
4 449
-
17 454
-
health
1 519
-
5 958
-
total
7 025
-
27 562
-
Corporate
118 102
158 500
-
-
income
30 707
41 209
-
-
total
30 707
41 209
-
-
Dividends
87 395
117 291
-
-
withholding
13 109
17 594
-
-
total
13 109
17 594
-
-
Income
158 500
158 500
158 500
158 500
Total tax
61 944
58 803
88 989
83 282
After tax
96 556
99 697
69 511
75 218
Living cost
22 269
22 269
22 269
22 269
Free-cash
74 287
77 428
47 242
52 949

Estimated living cost  is ₽22269 per week

₽13616
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2055
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽513
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6084
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽59625
₽64517
₽60329
₽45872
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
158 500
income
-
-
-
43 188
pensions
-
-
-
8 714
total
-
-
-
51 902
Employee
64 218
-
138 642
-
health
932
-
2 088
-
income
11 566
-
33 549
-
pensions
5 451
-
10 864
-
total
17 949
-
46 501
-
Employer
64 218
-
138 642
-
pensions
6 952
-
17 224
-
health
1 220
-
2 634
-
total
8 172
-
19 858
-
Corporate
86 111
158 500
-
-
income

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

16 361
30 115
-
-
total
16 361
30 115
-
-
Dividends
69 750
128 385
-
-
withholding
5 232
22 491
-
-
total
5 232
22 491
-
-
Income
158 500
158 500
158 500
158 500
Total tax
47 714
52 606
66 359
51 902
After tax
110 786
105 894
92 141
106 598
Living cost
46 269
46 269
46 269
46 269
Free-cash
64 517
59 625
45 872
60 329

Estimated living cost  is ₽46269 per week

₽34664
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3468
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽484
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7652
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details

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
-₽3795
₽28840
₽52982
₽45279
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
158 500
city
-
-
-
1 671
pensions
-
-
-
14 583
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.

-
-
-
3 170
regional
-
-
-
7 364
health
-
-
-
357
national
-
-
-
2 099
total
-
-
-
29 244
Employee
89 260
-
141 864
-
city
958
-
1 524
-
regional
2 923
-
6 378
-
health
202
-
319
-
pensions
7 499
-
11 919
-
unemployment
-
-
-
-
national
422
-
1 732
-
total
12 004
-
21 872
-
Employer
89 260
-
141 864
-
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.

1 785
-
2 837
-
unemployment
-
-
-
-
pensions
7 499
-
11 919
-
health
202
-
319
-
total
9 486
-
15 075
-
Corporate
58 773
158 500
-
-
regional
12 430
33 522
-
-
national
4 995
13 472
-
-
total
17 425
46 994
-
-
Dividends
41 348
111 506
-
-
withholding
14 471
39 027
-
-
total
14 471
39 027
-
-
Income
158 500
158 500
158 500
158 500
Total tax
53 386
86 021
36 947
29 244
After tax
105 114
72 479
121 553
129 256
Living cost
76 274
76 274
76 274
76 274
Free-cash
28 840
-3 795
45 279
52 982

Estimated living cost  is ₽76274 per week

₽49600
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽6845
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽936
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽18893
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽32113
₽48476
₽36804
₽55940
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
158 500
trade
-
-
-
19 136
income

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

-
-
-
46 857
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.

-
-
-
6 894
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.

-
-
-
2 578
total
-
-
-
75 465
Employee

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

60 650
-
158 500
-
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.

6 894
-
6 894
-
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.

393
-
2 578
-
income

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

7 132
-
46 857
-
total
14 419
-
56 329
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
97 850
158 500
-
-
surtax

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

808
1 308
-
-
income
14 677
23 774
-
-
trade
16 782
27 183
-
-
chamber of commerce
291
375
-
-
total
32 558
52 640
-
-
Dividends
65 291
105 859
-
-
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.

877
1 434
-
-
withholding
15 939
26 082
-
-
total
16 816
27 516
-
-
Income
158 500
158 500
158 500
158 500
Total tax
63 793
80 156
56 329
75 465
After tax
94 707
78 344
102 171
83 035
Living cost
46 231
46 231
46 231
46 231
Free-cash
48 476
32 113
55 940
36 804

Estimated living cost  is ₽46231 per week

₽33765
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.
₽601
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8168
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽45357
₽51319
₽55104
₽54722
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
158 500
income
-
-
-
23 239
pensions
-
-
-
30 098
other
-
-
-
4 914
health
-
-
-
6 100
surtax
-
-
-
-
social contributions
-
-
-
4 518
total
-
-
-
68 869
Employee
43 191
-
123 894
-
social contributions
1 231
-
3 530
-
surtax
-
-
-
-
income
2 549
-
23 006
-
pensions
4 884
-
8 107
-
total
8 664
-
34 643
-
Employer
43 191
-
123 894
-
other
1 490
-
4 616
-
social contributions
130
-
372
-
unemployment
1 748
-
5 018
-
pensions
7 095
-
13 740
-
health
3 024
-
10 862
-
total
13 487
-
34 608
-
Corporate
101 820
158 500
-
-
surtax
-
-
-
-
income
28 510
44 381
-
-
total
28 510
44 381
-
-
Dividends
73 310
114 119
-
-
surtax
-
-
-
-
social contributions
12 609
19 628
-
-
withholding
9 384
14 607
-
-
total
21 993
34 235
-
-
Income
158 500
158 500
158 500
158 500
Total tax
72 654
78 616
69 251
68 869
After tax
85 846
79 884
89 249
89 631
Living cost
34 527
34 527
34 527
34 527
Free-cash
51 319
45 357
54 722
55 104

Estimated living cost  is ₽34527 per week

₽21771
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2808
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽588
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9363
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽48777
₽54383
₽58524
₽58142
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
158 500
income
-
-
-
23 239
pensions
-
-
-
30 098
other
-
-
-
4 914
health
-
-
-
6 100
surtax
-
-
-
-
social contributions
-
-
-
4 518
total
-
-
-
68 869
Employee
38 554
-
123 894
-
social contributions
1 099
-
3 530
-
surtax
-
-
-
-
income
1 988
-
23 006
-
pensions
4 361
-
8 107
-
total
7 448
-
34 643
-
Employer
38 554
-
123 894
-
other
1 331
-
4 616
-
social contributions
115
-
372
-
unemployment
1 561
-
5 018
-
pensions
6 335
-
13 740
-
health
2 698
-
10 862
-
total
12 040
-
34 608
-
Corporate
107 905
158 500
-
-
surtax
-
-
-
-
income
30 213
44 381
-
-
total
30 213
44 381
-
-
Dividends
77 692
114 119
-
-
surtax
-
-
-
-
social contributions
13 364
19 628
-
-
withholding
9 945
14 607
-
-
total
23 309
34 235
-
-
Income
158 500
158 500
158 500
158 500
Total tax
73 010
78 616
69 251
68 869
After tax
85 490
79 884
89 249
89 631
Living cost
31 107
31 107
31 107
31 107
Free-cash
54 383
48 777
58 142
58 524

Estimated living cost  is ₽31107 per week

₽18040
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3160
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽590
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9317
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽75300
₽75822
₽80390
₽77686
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
158 500
income
-
-
-
23 774
health
-
-
-
11 064
social contributions
-
-
-
21 873
total
-
-
-
56 711
Employee
34 217
-
158 500
-
social contributions
4 723
-
21 873
-
health
2 388
-
11 064
-
income
5 707
-
26 478
-
total
12 818
-
59 415
-
Employer
34 217
-
158 500
-
total
-
-
-
-
Corporate
124 283
158 500
-
-
income

The standard tax rate is 15%. However, small companies and agricultural companies can apply a reduced corporate income tax rate of 0% to the first year of operation when certain conditions are met; and 5% to revenues of less than €300,000 per year. We made calculations based on 5% and skipped 0%.

6 215
7 925
-
-
total
6 215
7 925
-
-
Dividends
118 068
150 575
-
-
health
8 241
10 510
-
-
social contributions
16 294
20 779
-
-
withholding
17 711
22 587
-
-
total
42 246
53 876
-
-
Income
158 500
158 500
158 500
158 500
Total tax
61 279
61 801
59 415
56 711
After tax
97 221
96 699
99 085
101 789
Living cost
21 399
21 399
21 399
21 399
Free-cash
75 822
75 300
77 686
80 390

Estimated living cost  is ₽21399 per week

₽14321
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1320
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽492
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5265
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽52321
₽50759
₽45736
₽5978
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
158 500
chamber of commerce
-
-
-
634
income
-
-
-
39 352
pensions
-
-
-
21 811
unemployment
-
-
-
6 190
health
-
-
-
9 018
surtax
-
-
-
199
total
-
-
-
77 204
Employee
50 434
40 217
123 930
-
other
504
402
1 180
-
health
1 952
1 557
4 562
-
income
5 742
2 967
31 017
-
pensions
5 165
4 117
12 073
-
unemployment
1 513
1 207
3 537
-
total
14 876
10 250
52 369
-
Employer
50 434
40 217
123 930
-
accident
655
523
1 532
-
other
2 396
1 909
5 835
-
chamber of commerce
201
161
496
-
unemployment
1 513
1 207
3 537
-
surtax
199
199
199
-
pensions
6 329
5 048
14 796
-
payroll
1 513
1 207
3 717
-
health
1 906
1 521
4 456
-
total
14 712
11 775
34 568
-
Corporate
93 354
106 509
120 100
-
income

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

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

23 338
26 628
30 025
-
total
23 338
26 628
30 025
-
Dividends
70 016
79 881
-
-
withholding
19 255
21 966
-
-
total
19 255
21 966
-
-
Income
158 500
158 500
158 500
158 500
Total tax
72 181
70 619
116 962
77 204
After tax
86 319
87 881
41 538
81 296
Living cost
35 560
35 560
35 560
35 560
Free-cash
50 759
52 321
5 978
45 736

Estimated living cost  is ₽35560 per week

₽23717
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3034
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽584
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8225
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽51886
₽36755
₽32017
₽20084
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
158 500
national
-
-
-
56 998
communal

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

-
-
-
8 030
social contributions
-
-
-
24 659
total
-
-
-
89 687
Employee

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

72 187
-
122 762
-
communal

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

3 765
-
6 402
-
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.

3 392
-
5 770
-
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.

5 414
-
9 208
-
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.

628
-
1 069
-
national
22 193
-
43 435
-
total
35 392
-
65 884
-
Employer

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

72 187
-
122 762
-
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.

938
-
1 595
-
unemployment

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

1 053
-
1 793
-
surtax
8 185
-
13 923
-
pensions

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

6 396
-
10 876
-
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.

4 439
-
7 549
-
total
21 011
-
35 736
-
Corporate
65 300
158 500
-
-
surtax
260
634
-
-
income
13 059
31 701
-
-
total
13 319
32 335
-
-
Dividends
51 980
126 165
-
-
withholding

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

15 227
37 483
-
-
total
15 227
37 483
-
-
Income
158 500
158 500
158 500
158 500
Total tax
84 949
69 818
101 620
89 687
After tax
73 551
88 682
56 880
68 813
Living cost
36 796
36 796
36 796
36 796
Free-cash
36 755
51 886
20 084
32 017

Estimated living cost  is ₽36796 per week

₽23701
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3217
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽576
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9302
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽69438
₽62177
₽52719
₽48485
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
158 500
accident
-
-
-
843
income
-
-
-
41 272
pensions
-
-
-
26 471
other
-
-
-
94
unemployment
-
-
-
655
total
-
-
-
69 335
Employee
50 235
-
128 680
-
other
50
-
94
-
income
10 599
-
37 807
-
pensions
2 361
-
4 397
-
unemployment
779
-
1 450
-
total
13 789
-
43 748
-
Employer
50 235
-
128 680
-
accident
994
-
1 852
-
other
400
-
749
-
unemployment
2 764
-
5 144
-
pensions
11 855
-
22 076
-
total
16 013
-
29 821
-
Corporate
92 253
158 500
-
-
income

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

13 839
23 774
-
-
total
13 839
23 774
-
-
Dividends
78 415
134 726
-
-
withholding
16 236
28 842
-
-
total
16 236
28 842
-
-
Income
158 500
158 500
158 500
158 500
Total tax
59 877
52 616
73 569
69 335
After tax
98 623
105 884
84 931
89 165
Living cost
36 446
36 446
36 446
36 446
Free-cash
62 177
69 438
48 485
52 719

Estimated living cost  is ₽36446 per week

₽26838
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2585
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽525
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6496
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽39006
₽27045
₽25676
₽31995
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
158 500
accident
-
-
-
1 337
income
-
-
-
23 875
pensions
-
-
-
23 757
health
-
-
-
11 136
surtax
-
-
-
7 858
communal
-
-
-
10 018
total
-
-
-
77 981
Employee
76 425
-
141 582
-
health
3 401
-
6 301
-
surtax
4 684
-
8 677
-
income
7 382
-
28 439
-
pensions
6 113
-
11 326
-
total
21 580
-
54 743
-
Employer
76 425
-
141 582
-
accident
688
-
1 274
-
pensions
6 113
-
11 326
-
health
2 331
-
4 319
-
total
9 132
-
16 919
-
Corporate
72 944
158 500
-
-
surtax
766
1 664
-
-
communal
4 924
10 698
-
-
income
10 941
23 774
-
-
total
16 631
36 136
-
-
Dividends
56 313
122 364
-
-
income
20 821
10 161
-
-
withholding
8 448
18 354
-
-
total
29 269
28 515
-
-
Income
158 500
158 500
158 500
158 500
Total tax
76 612
64 651
71 662
77 981
After tax
81 888
93 849
86 838
80 519
Living cost
54 843
54 843
54 843
54 843
Free-cash
27 045
39 006
31 995
25 676

Estimated living cost  is ₽54843 per week

₽41140
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3323
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽580
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9798
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽77030
₽73820
₽52551
₽46844
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
158 500
income
-
-
-
40 625
pensions
-
-
-
26 938
other
-
-
-
-
unemployment
-
-
-
230
health
-
-
-
9 562
surtax
-
-
-
5 927
total
-
-
-
83 282
Employee
33 986
-
130 938
-
other
-
-
-
-
health
868
-
3 338
-
surtax
121
-
5 025
-
income
5 697
-
35 217
-
pensions
2 267
-
8 733
-
unemployment
2 365
-
9 114
-
total
11 318
-
61 427
-
Employer
33 986
-
130 938
-
other
-
-
-
-
unemployment
1 078
-
4 150
-
pensions
4 531
-
17 454
-
health
1 545
-
5 958
-
total
7 154
-
27 562
-
Corporate
117 359
158 500
-
-
income
30 514
41 209
-
-
total
30 514
41 209
-
-
Dividends
86 846
117 291
-
-
withholding
13 027
17 594
-
-
total
13 027
17 594
-
-
Income
158 500
158 500
158 500
158 500
Total tax
62 013
58 803
88 989
83 282
After tax
96 487
99 697
69 511
75 218
Living cost
22 667
22 667
22 667
22 667
Free-cash
73 820
77 030
46 844
52 551

Estimated living cost  is ₽22667 per week

₽13685
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1971
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.
₽6486
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽56125
₽53884
₽49154
₽42022
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
158 500
municipal
-
-
-
942
regional
-
-
-
2 389
national
-
-
-
38 063
social contributions
-
-
-
40 767
total
-
-
-
82 161
Employee
55 981
-
158 500
-
social contributions
18 877
-
53 447
-
regional
754
-
2 132
-
municipal
297
-
841
-
national
8 869
-
32 873
-
total
28 797
-
89 293
-
Employer
55 981
-
158 500
-
total
-
-
-
-
Corporate
102 519
158 500
-
-
nationa
24 605
38 040
-
-
municipal
5 096
7 877
-
-
total
29 701
45 917
-
-
Dividends
72 818
112 583
-
-
withholding
18 933
29 273
-
-
total
18 933
29 273
-
-
Income
158 500
158 500
158 500
158 500
Total tax
77 431
75 190
89 293
82 161
After tax
81 069
83 310
69 207
76 339
Living cost
27 185
27 185
27 185
27 185
Free-cash
53 884
56 125
42 022
49 154

Estimated living cost  is ₽27185 per week

₽16907
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2754
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽465
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7059
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽79342
₽68718
₽57189
₽50648
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
158 500
income
-
-
-
15 348
health
-
-
-
21 397
solidarity contribution
-
-
-
-
social contributions
-
-
-
34 781
total
-
-
-
71 526
Employee
43 801
-
118 284
-
social contributions
2 847
-
7 688
-
health
5 913
-
15 968
-
solidarity contribution
-
-
-
-
income
5 256
-
14 194
-
total
14 016
-
37 850
-
Employer
43 801
-
118 284
-
social contributions
10 950
-
29 571
-
health
3 942
-
10 646
-
total
14 892
-
40 217
-
Corporate
99 806
158 500
-
-
income
18 963
30 115
-
-
total
18 963
30 115
-
-
Dividends
80 843
128 385
-
-
withholding
12 126
19 258
-
-
total
12 126
19 258
-
-
Income
158 500
158 500
158 500
158 500
Total tax
59 997
49 373
78 067
71 526
After tax
98 503
109 127
80 433
86 974
Living cost
29 785
29 785
29 785
29 785
Free-cash
68 718
79 342
50 648
57 189

Estimated living cost  is ₽29785 per week

₽22150
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1650
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽515
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5470
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽55791
₽55294
₽49298
₽9401
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
158 500
chamber of commerce
-
-
-
634
income
-
-
-
39 352
pensions
-
-
-
21 811
unemployment
-
-
-
6 190
health
-
-
-
9 018
surtax
-
-
-
-
total
-
-
-
77 005
Employee
44 114
40 217
124 116
-
other
440
402
1 180
-
health
1 706
1 557
4 562
-
income
3 930
2 967
31 096
-
pensions
4 518
4 117
12 073
-
unemployment
1 323
1 207
3 537
-
total
11 917
10 250
52 448
-
Employer
44 114
40 217
124 116
-
accident
573
523
1 532
-
other
2 095
1 909
5 843
-
chamber of commerce
176
161
496
-
unemployment
1 323
1 207
3 537
-
surtax
-
-
-
-
pensions
5 537
5 048
14 796
-
payroll
1 323
1 207
3 723
-
health
1 668
1 521
4 456
-
total
12 695
11 576
34 383
-
Corporate
101 690
106 708
120 286
-
income

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

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

25 423
26 678
30 071
-
total
25 423
26 678
30 071
-
Dividends
76 267
80 030
-
-
withholding
20 974
22 008
-
-
total
20 974
22 008
-
-
Income
158 500
158 500
158 500
158 500
Total tax
71 009
70 512
116 902
77 005
After tax
87 491
87 988
41 598
81 495
Living cost
32 197
32 197
32 197
32 197
Free-cash
55 294
55 791
9 401
49 298

Estimated living cost  is ₽32197 per week

₽19314
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3288
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽575
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9020
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽136426
₽133773
₽142766
₽112651
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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%.

-
-
-
158 500
microenterprise

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

-
-
-
1 585
total
-
-
-
1 585
Employee
17 686
-
158 500
-
income
3 537
-
31 700
-
total
3 537
-
31 700
-
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%.

140 814
158 500
-
-
total
-
-
-
-
Dividends
140 814
158 500
-
-
withholding
7 041
7 925
-
-
total
7 041
7 925
-
-
Income
158 500
158 500
158 500
158 500
Total tax
10 578
7 925
31 700
1 585
After tax
147 922
150 575
126 800
156 915
Living cost
14 149
14 149
14 149
14 149
Free-cash
133 773
136 426
112 651
142 766

Estimated living cost  is ₽14149 per week

₽9575
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽594
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.
₽3505
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽82058
₽73617
₽51321
₽47121
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
158 500
income
-
-
-
35 329
pensions
-
-
-
28 947
unemployment
-
-
-
237
health
-
-
-
15 597
total
-
-
-
80 110
Employee

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

44 626
-
137 145
-
health
2 882
-
8 861
-
income
7 696
-
32 644
-
pensions
6 917
-
21 258
-
unemployment
63
-
192
-
total
17 558
-
62 955
-
Employer

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

44 626
-
137 145
-
unemployment
27
-
82
-
pensions
3 949
-
12 138
-
health
2 972
-
9 135
-
total
6 948
-
21 355
-
Corporate
106 926
158 500
-
-
income
20 316
30 115
-
-
total
20 316
30 115
-
-
Dividends
86 610
128 385
-
-
withholding
12 992
19 258
-
-
total
12 992
19 258
-
-
Income
158 500
158 500
158 500
158 500
Total tax
57 814
49 373
84 310
80 110
After tax
100 686
109 127
74 190
78 390
Living cost
27 069
27 069
27 069
27 069
Free-cash
73 617
82 058
47 121
51 321

Estimated living cost  is ₽27069 per week

₽18577
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1735
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽525
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6234
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽52847
₽4801
₽65952
₽101628
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
158 500
income
-
-
-
30 895
social contributions
-
-
-
18 069
total
-
-
-
48 964
Employee
62 493
-
-
-
social contributions
5 124
-
730
-
income
13 785
-
-
-
total
18 909
-
730
-
Employer
62 493
-
-
-
social contributions
88 116
-
12 558
-
total
88 116
-
12 558
-
Corporate
7 891
158 500
-
-
income
1 736
34 870
-
-
total
1 736
34 870
-
-
Dividends
6 155
123 630
-
-
income
1 354
27 199
-
-
total
1 354
27 199
-
-
Income
158 500
158 500
158 500
158 500
Total tax
110 115
62 069
13 288
48 964
After tax
48 385
96 431
145 212
109 536
Living cost
43 584
43 584
43 584
43 584
Free-cash
4 801
52 847
101 628
65 952

Estimated living cost  is ₽43584 per week

₽28279
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4099
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽555
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10650
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽58500
₽57484
₽53923
₽42447
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
158 500
income
-
-
-
17 843
surtax
-
-
-
-
social contributions

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

-
-
-
55 079
total
-
-
-
72 922
Employee
46 415
-
128 080
-
social contributions
5 106
-
14 089
-
surtax
-
-
-
-
income
9 654
-
39 889
-
total
14 760
-
53 978
-
Employer
46 415
-
128 080
-
social contributions
11 023
-
30 420
-
total
11 023
-
30 420
-
Corporate
101 062
158 500
-
-
surtax
-
-
-
-
income
21 223
33 285
-
-
total
21 223
33 285
-
-
Dividends
79 839
125 215
-
-
withholding
22 355
35 060
-
-
total
22 355
35 060
-
-
Income
158 500
158 500
158 500
158 500
Total tax
69 361
68 345
84 398
72 922
After tax
89 139
90 155
74 102
85 578
Living cost
31 655
31 655
31 655
31 655
Free-cash
57 484
58 500
42 447
53 923

Estimated living cost  is ₽31655 per week

₽23684
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1867
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽529
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5575
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽31142
₽38080
₽40889
₽40507
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
158 500
income
-
-
-
23 239
pensions
-
-
-
30 098
other
-
-
-
4 914
health
-
-
-
6 100
surtax
-
-
-
-
social contributions
-
-
-
4 518
total
-
-
-
68 869
Employee
63 207
-
123 894
-
social contributions
1 800
-
3 530
-
surtax
-
-
-
-
income
5 515
-
23 006
-
pensions
7 149
-
8 107
-
total
14 464
-
34 643
-
Employer
63 207
-
123 894
-
other
2 181
-
4 616
-
social contributions
190
-
372
-
unemployment
2 561
-
5 018
-
pensions
10 386
-
13 740
-
health
4 424
-
10 862
-
total
19 742
-
34 608
-
Corporate
75 552
158 500
-
-
surtax
-
-
-
-
income
21 154
44 381
-
-
total
21 154
44 381
-
-
Dividends
54 398
114 119
-
-
surtax
-
-
-
-
social contributions
9 355
19 628
-
-
withholding
6 963
14 607
-
-
total
16 318
34 235
-
-
Income
158 500
158 500
158 500
158 500
Total tax
71 678
78 616
69 251
68 869
After tax
86 822
79 884
89 249
89 631
Living cost
48 742
48 742
48 742
48 742
Free-cash
38 080
31 142
40 507
40 889

Estimated living cost  is ₽48742 per week

₽32988
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3987
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽668
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽11098
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽112315
₽108922
₽87060
₽91269
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
158 500
income
-
-
-
6 234
social contributions
-
-
-
34 870
total
-
-
-
41 104
Employee
32 444
-
137 229
-
income
-
-
6 703
-
social contributions
2 109
-
8 921
-
total
2 109
-
15 624
-
Employer
32 444
-
137 229
-
social contributions
5 029
-
21 271
-
total
5 029
-
21 271
-
Corporate
121 027
158 500
-
-
income
12 104
15 849
-
-
total
12 104
15 849
-
-
Dividends
108 923
142 651
-
-
total
-
-
-
-
Income
158 500
158 500
158 500
158 500
Total tax
19 242
15 849
36 895
41 104
After tax
139 258
142 651
121 605
117 396
Living cost
30 336
30 336
30 336
30 336
Free-cash
108 922
112 315
91 269
87 060

Estimated living cost  is ₽30336 per week

₽19615
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2287
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽571
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7863
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽61473
-₽61473
₽45974
-₽61473
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
158 500
municipal
-
-
-
32 442
pensions
-
-
-
875
national
-
-
-
17 976
labour market
-
-
-
12 610
total
-
-
-
63 903
Employee
205 227
205 227
205 227
-
labour market
16 395
16 395
16 395
-
national
25 072
25 072
25 072
-
municipal
43 702
43 702
43 702
-
pensions
292
292
292
-
total
85 461
85 461
85 461
-
Employer
205 227
205 227
205 227
-
labour market
16 418
16 418
16 418
-
municipal
43 772
43 772
43 772
-
pensions
583
583
583
-
national
25 116
25 116
25 116
-
total
85 889
85 889
85 889
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
158 500
158 500
158 500
158 500
Total tax
171 350
171 350
171 350
63 903
After tax
-12 850
-12 850
-12 850
94 597
Living cost
48 623
48 623
48 623
48 623
Free-cash
-61 473
-61 473
-61 473
45 974

Estimated living cost  is ₽48623 per week

₽33278
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4301
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽748
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10296
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽8908
₽9505
₽86671
₽63708
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
158 500
accident
-
-
-
253
income
-
-
-
43 096
pensions
-
-
-
4 174
other
-
-
-
372
health
-
-
-
2 188
total
-
-
-
50 083
Employee
34 209
-
141 612
-
health
3 917
-
16 215
-
income
4 693
-
32 289
-
pensions
3 852
-
7 654
-
total
12 462
-
56 158
-
Employer
34 209
-
141 612
-
accident
571
-
2 365
-
unemployment
838
-
3 470
-
pensions
5 562
-
11 053
-
total
6 971
-
16 888
-
Corporate
117 320
158 500
-
-
income

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

105 587
142 650
-
-
total
105 587
142 650
-
-
Dividends
11 732
15 850
-
-
withholding
2 229
3 012
-
-
total
2 229
3 012
-
-
Income
158 500
158 500
158 500
158 500
Total tax
127 249
145 662
73 046
50 083
After tax
31 251
12 838
85 454
108 417
Living cost
21 746
21 746
21 746
21 746
Free-cash
9 505
-8 908
63 708
86 671

Estimated living cost  is ₽21746 per week

₽15829
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1240
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽408
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4269
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽61772
₽63847
₽66286
₽45624
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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

-
-
-
158 500
municipal
-
-
-
28 166
health
-
-
-
2 020
national
-
-
-
23 283
total
-
-
-
53 469
Employee
53 095
-
133 337
-
health
396
-
1 632
-
municipal
8 697
-
21 727
-
pensions
3 583
-
9 001
-
unemployment
797
-
1 999
-
national
877
-
14 608
-
total
14 350
-
48 967
-
Employer
53 095
-
133 337
-
accident
54
-
134
-
unemployment
345
-
868
-
pensions
9 212
-
23 135
-
health
408
-
1 027
-
total
10 019
-
25 164
-
Corporate
95 387
158 500
-
-
income
19 076
31 701
-
-
total
19 076
31 701
-
-
Dividends

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

57 233
95 099
-
-
national
2 162
9 165
-
-
municipal
10 301
17 117
-
-
total
12 463
26 282
-
-
Income
158 500
158 500
158 500
158 500
Total tax
55 908
57 983
74 131
53 469
After tax
102 592
100 517
84 369
105 031
Living cost
38 745
38 745
38 745
38 745
Free-cash
63 847
61 772
45 624
66 286

Estimated living cost  is ₽38745 per week

₽25308
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3727
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽617
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9095
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽92323
₽86832
₽85936
₽84488
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
158 500
income
-
-
-
28 830
health
-
-
-
4 041
social contributions
-
-
-
16 328
total
-
-
-
49 199
Employee
77 601
77 601
147 092
-
social contributions
2 934
6 441
8 687
-
health
601
1 320
2 501
-
income
8 449
7 184
28 051
-
total
11 984
14 945
39 239
-
Employer
77 601
77 601
147 092
-
social contributions
2 934
6 441
8 687
-
health
653
1 436
2 721
-
total
3 587
7 877
11 408
-
Corporate
119 563
73 022
-
-
income
14 946
9 127
-
-
total
14 946
9 127
-
-
Dividends
104 617
63 894
-
-
withholding
17 786
10 863
-
-
total
17 786
10 863
-
-
Income
158 500
158 500
158 500
158 500
Total tax
48 303
42 812
50 647
49 199
After tax
110 197
115 688
107 853
109 301
Living cost
23 365
23 365
23 365
23 365
Free-cash
86 832
92 323
84 488
85 936

Estimated living cost  is ₽23365 per week

₽14003
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2292
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽517
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6554
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽115230
₽110095
₽116411
₽96168
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
158 500
income
-
-
-
15 966
pensions
-
-
-
6 419
unemployment
-
-
-
29
health
-
-
-
3 652
total
-
-
-
26 066
Employee

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

23 164
-
148 637
-
health
1 969
-
8 139
-
income
1 584
-
13 465
-
pensions
3 474
-
14 363
-
unemployment
115
-
479
-
total
7 142
-
36 446
-
Employer

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

23 164
-
148 637
-
unemployment
115
-
479
-
pensions
1 274
-
5 267
-
health
996
-
4 117
-
total
2 385
-
9 863
-
Corporate
132 951
158 500
-
-
income
11 966
14 266
-
-
total
11 966
14 266
-
-
Dividends
120 986
144 234
-
-
withholding
10 889
12 981
-
-
total
10 889
12 981
-
-
Income
158 500
158 500
158 500
158 500
Total tax
32 382
27 247
46 309
26 066
After tax
126 118
131 253
112 191
132 434
Living cost
16 023
16 023
16 023
16 023
Free-cash
110 095
115 230
96 168
116 411

Estimated living cost  is ₽16023 per week

₽10223
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1155
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽477
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4167
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽78133
₽73619
₽61414
₽57180
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
158 500
accident
-
-
-
843
income
-
-
-
41 272
pensions
-
-
-
26 471
other
-
-
-
94
unemployment
-
-
-
655
total
-
-
-
69 335
Employee
37 315
-
128 680
-
other
36
-
94
-
income
7 194
-
37 807
-
pensions
1 754
-
4 397
-
unemployment
578
-
1 450
-
total
9 562
-
43 748
-
Employer
37 315
-
128 680
-
accident
739
-
1 852
-
other
299
-
749
-
unemployment
2 053
-
5 144
-
pensions
8 806
-
22 076
-
total
11 897
-
29 821
-
Corporate
109 288
158 500
-
-
income

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

16 393
23 774
-
-
total
16 393
23 774
-
-
Dividends
92 895
134 726
-
-
withholding
19 278
28 842
-
-
total
19 278
28 842
-
-
Income
158 500
158 500
158 500
158 500
Total tax
57 130
52 616
73 569
69 335
After tax
101 370
105 884
84 931
89 165
Living cost
27 751
27 751
27 751
27 751
Free-cash
73 619
78 133
57 180
61 414

Estimated living cost  is ₽27751 per week

₽18732
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2668
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.
₽5866
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽96148
₽95694
₽98651
₽98453
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
158 500
income
-
-
-
53 626
pensions
-
-
-
2 010
health
-
-
-
1 457
total
-
-
-
57 093
Employee
4 198
-
156 238
-
health
210
-
503
-
income
812
-
53 520
-
pensions
378
-
905
-
unemployment
42
-
101
-
total
1 442
-
55 029
-
Employer
4 198
-
156 238
-
unemployment
84
-
201
-
pensions
462
-
1 106
-
health
399
-
955
-
total
945
-
2 262
-
Corporate
153 358
158 500
-
-
income
33 739
34 870
-
-
total
33 739
34 870
-
-
Dividends
119 619
123 630
-
-
withholding
23 924
24 726
-
-
total
23 924
24 726
-
-
Income
158 500
158 500
158 500
158 500
Total tax
60 050
59 596
57 291
57 093
After tax
98 450
98 904
101 209
101 407
Living cost
2 756
2 756
2 756
2 756
Free-cash
95 694
96 148
98 453
98 651

Estimated living cost  is ₽2756 per week

₽1638
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽223
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽63
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽832
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽97063
₽92099
₽77445
₽77446
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
158 500
income
-
-
-
35 409
pensions
-
-
-
19 392
unemployment
-
-
-
1 119
health
-
-
-
7 682
total
-
-
-
63 602
Employee

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

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

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

26 319
-
145 149
-
health
1 355
-
3 841
-
income
3 628
-
35 409
-
pensions
3 685
-
10 442
-
unemployment
197
-
559
-
total
8 865
-
50 251
-
Employer

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

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

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

26 319
-
145 149
-
unemployment
197
-
559
-
pensions
3 158
-
8 950
-
health
1 355
-
3 841
-
total
4 710
-
13 350
-
Corporate
127 470
158 500
-
-
income
19 121
23 775
-
-
total
19 121
23 775
-
-
Dividends
108 350
134 725
-
-
withholding
16 252
20 209
-
-
total
16 252
20 209
-
-
Income
158 500
158 500
158 500
158 500
Total tax
48 948
43 984
63 601
63 602
After tax
109 552
114 516
94 899
94 898
Living cost
17 453
17 453
17 453
17 453
Free-cash
92 099
97 063
77 446
77 445

Estimated living cost  is ₽17453 per week

₽11751
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1350
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽505
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3847
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽62948
₽62584
₽58371
₽46895
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
158 500
income
-
-
-
17 843
surtax
-
-
-
-
social contributions

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

-
-
-
55 079
total
-
-
-
72 922
Employee
39 169
-
128 080
-
social contributions
4 309
-
14 089
-
surtax
-
-
-
-
income
7 653
-
39 889
-
total
11 962
-
53 978
-
Employer
39 169
-
128 080
-
social contributions
9 302
-
30 420
-
total
9 302
-
30 420
-
Corporate
110 030
158 500
-
-
surtax
-
-
-
-
income
23 106
33 285
-
-
total
23 106
33 285
-
-
Dividends
86 924
125 215
-
-
withholding
24 339
35 060
-
-
total
24 339
35 060
-
-
Income
158 500
158 500
158 500
158 500
Total tax
68 709
68 345
84 398
72 922
After tax
89 791
90 155
74 102
85 578
Living cost
27 207
27 207
27 207
27 207
Free-cash
62 584
62 948
46 895
58 371

Estimated living cost  is ₽27207 per week

₽19270
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1890
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽483
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5565
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽70417
₽63498
₽53698
₽49464
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
158 500
accident
-
-
-
843
income
-
-
-
41 272
pensions
-
-
-
26 471
other
-
-
-
94
unemployment
-
-
-
655
total
-
-
-
69 335
Employee
48 739
-
128 680
-
other
48
-
94
-
income
10 180
-
37 807
-
pensions
2 290
-
4 397
-
unemployment
755
-
1 450
-
total
13 273
-
43 748
-
Employer
48 739
-
128 680
-
accident
965
-
1 852
-
other
391
-
749
-
unemployment
2 681
-
5 144
-
pensions
11 502
-
22 076
-
total
15 539
-
29 821
-
Corporate
94 222
158 500
-
-
income

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

14 134
23 774
-
-
total
14 134
23 774
-
-
Dividends
80 088
134 726
-
-
withholding
16 589
28 842
-
-
total
16 589
28 842
-
-
Income
158 500
158 500
158 500
158 500
Total tax
59 535
52 616
73 569
69 335
After tax
98 965
105 884
84 931
89 165
Living cost
35 467
35 467
35 467
35 467
Free-cash
63 498
70 417
49 464
53 698

Estimated living cost  is ₽35467 per week

₽25471
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2758
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽500
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6739
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Madrid model

Close
Sofia , Bulgaria
₽118146
₽111993
₽107937
₽113943
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
158 500
income
-
-
-
23 775
pensions

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

-
-
-
5 220
unemployment
-
-
-
141
health
-
-
-
4 056
total
-
-
-
33 192
Employee
23 001
-
151 580
-
health
1 058
-
1 622
-
accident

We are using the highest rate at 1.1%.

253
-
388
-
income
2 300
-
15 158
-
pensions

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

2 019
-
3 097
-
total
5 630
-
20 265
-
Employer
23 001
-
151 580
-
accident

We are using the highest rate at 1.1%.

253
-
388
-
unemployment
138
-
212
-
pensions

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

2 535
-
3 887
-
health
1 587
-
2 434
-
total
4 513
-
6 921
-
Corporate
130 986
158 500
-
-
income
13 099
15 850
-
-
total
13 099
15 850
-
-
Dividends
117 887
142 650
-
-
withholding
5 894
7 133
-
-
total
5 894
7 133
-
-
Income
158 500
158 500
158 500
158 500
Total tax
29 136
22 983
27 186
33 192
After tax
129 364
135 517
131 314
125 308
Living cost
17 371
17 371
17 371
17 371
Free-cash
111 993
118 146
113 943
107 937

Estimated living cost  is ₽17371 per week

₽11489
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽994
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽414
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4474
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽42642
₽55842
₽47197
₽63209
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
158 500
trade
-
-
-
16 012
income

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

-
-
-
46 857
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.

-
-
-
6 894
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.

-
-
-
2 578
total
-
-
-
72 341
Employee

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

50 213
-
158 500
-
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.

6 894
-
6 894
-
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.

228
-
2 578
-
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.

4 129
-
46 857
-
total
11 251
-
56 329
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
108 287
158 500
-
-
surtax

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

894
1 308
-
-
income
16 244
23 774
-
-
trade
15 539
22 744
-
-
chamber of commerce
312
385
-
-
total
32 989
48 211
-
-
Dividends
75 297
110 289
-
-
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.

1 015
1 496
-
-
withholding
18 441
27 189
-
-
total
19 456
28 685
-
-
Income
158 500
158 500
158 500
158 500
Total tax
63 696
76 896
56 329
72 341
After tax
94 804
81 604
102 171
86 159
Living cost
38 962
38 962
38 962
38 962
Free-cash
55 842
42 642
63 209
47 197

Estimated living cost  is ₽38962 per week

₽26877
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4192
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽565
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7327
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

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
₽53462
₽55691
₽28296
₽28296
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
158 500
income
-
-
-
46 719
social contributions
-
-
-
25 998
total
-
-
-
72 717
Employee
78 941
-
158 500
-
income
14 896
-
46 719
-
social contributions
6 558
-
25 998
-
total
21 454
-
72 717
-
Employer
78 941
-
158 500
-
total
-
-
-
-
Corporate
79 559
158 500
-
-
income
9 945
19 812
-
-
total
9 945
19 812
-
-
Dividends
69 614
138 688
-
-
withholding
13 923
27 739
-
-
total
13 923
27 739
-
-
Income
158 500
158 500
158 500
158 500
Total tax
45 322
47 551
72 717
72 717
After tax
113 178
110 949
85 783
85 783
Living cost
57 487
57 487
57 487
57 487
Free-cash
55 691
53 462
28 296
28 296

Estimated living cost  is ₽57487 per week

₽43735
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4684
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽550
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8518
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽61059
₽64588
₽86398
₽77239
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
158 500
income
-
-
-
28 727
health

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

-
-
-
6 741
total
-
-
-
35 468
Employee
46 295
-
153 858
-
income
5 023
-
35 343
-
social contributions
4 638
-
4 642
-
total
9 661
-
39 985
-
Employer
46 295
-
153 858
-
social contributions
4 638
-
4 642
-
total
4 638
-
4 642
-
Corporate
107 566
158 500
-
-
income
37 647
55 475
-
-
total
37 647
55 475
-
-
Dividends
69 919
103 025
-
-
social contributions
5 332
5 332
-
-
total
5 332
5 332
-
-
Income
158 500
158 500
158 500
158 500
Total tax
57 278
60 807
44 627
35 468
After tax
101 222
97 693
113 873
123 032
Living cost
36 634
36 634
36 634
36 634
Free-cash
64 588
61 059
77 239
86 398

Estimated living cost  is ₽36634 per week

₽24130
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2888
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.
₽9053
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽68279
₽74277
₽68983
₽54526
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
158 500
income
-
-
-
43 188
pensions
-
-
-
8 714
total
-
-
-
51 902
Employee
51 632
-
138 642
-
health
674
-
2 088
-
income
9 403
-
33 549
-
pensions
3 941
-
10 864
-
total
14 018
-
46 501
-
Employer
51 632
-
138 642
-
pensions
5 216
-
17 224
-
health
981
-
2 634
-
total
6 197
-
19 858
-
Corporate
100 670
158 500
-
-
income

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

19 126
30 115
-
-
total
19 126
30 115
-
-
Dividends
81 544
128 385
-
-
withholding
7 267
22 491
-
-
total
7 267
22 491
-
-
Income
158 500
158 500
158 500
158 500
Total tax
46 608
52 606
66 359
51 902
After tax
111 892
105 894
92 141
106 598
Living cost
37 615
37 615
37 615
37 615
Free-cash
74 277
68 279
54 526
68 983

Estimated living cost  is ₽37615 per week

₽25804
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3459
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽471
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7879
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details

Additional information

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

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

Source of data for Edinburgh model

Close
Warsaw , Poland
-₽11062
₽9172
₽84517
₽61554
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
158 500
accident
-
-
-
253
income
-
-
-
43 096
pensions
-
-
-
4 174
other
-
-
-
372
health
-
-
-
2 188
total
-
-
-
50 083
Employee
37 595
-
141 612
-
health
4 304
-
16 215
-
income
5 158
-
32 289
-
pensions
4 233
-
7 654
-
total
13 695
-
56 158
-
Employer
37 595
-
141 612
-
accident
628
-
2 365
-
unemployment
921
-
3 470
-
pensions
6 113
-
11 053
-
total
7 662
-
16 888
-
Corporate
113 244
158 500
-
-
income

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

101 919
142 650
-
-
total
101 919
142 650
-
-
Dividends
11 324
15 850
-
-
withholding
2 152
3 012
-
-
total
2 152
3 012
-
-
Income
158 500
158 500
158 500
158 500
Total tax
125 428
145 662
73 046
50 083
After tax
33 072
12 838
85 454
108 417
Living cost
23 900
23 900
23 900
23 900
Free-cash
9 172
-11 062
61 554
84 517

Estimated living cost  is ₽23900 per week

₽17540
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1393
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽481
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4486
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

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

Source of data for Warsaw model

Close
Skopje , Macedonia
₽119747
₽115025
₽75441
₽96838
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
158 500
work injury
-
-
-
792
health insurance
-
-
-
11 729
income
-
-
-
25 841
pensions
-
-
-
29 164
unemployment
-
-
-
1 902
total
-
-
-
69 428
Employee

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

21 810
-
158 500
-
work injury
109
-
403
-
income
2 181
-
25 841
-
pensions
4 013
-
14 848
-
health insurance
1 614
-
5 971
-
unemployment
262
-
968
-
total
8 179
-
48 031
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
136 690
158 500
-
-
income

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

1 367
1 585
-
-
total
1 367
1 585
-
-
Dividends
135 323
156 915
-
-
withholding
20 298
23 537
-
-
total
20 298
23 537
-
-
Income
158 500
158 500
158 500
158 500
Total tax
29 844
25 122
48 031
69 428
After tax
128 656
133 378
110 469
89 072
Living cost
13 631
13 631
13 631
13 631
Free-cash
115 025
119 747
96 838
75 441

Estimated living cost  is ₽13631 per week

₽8445
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽991
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽425
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3771
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽43284
₽38692
₽34799
₽27834
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
158 500
municipal
-
-
-
1 059
regional
-
-
-
3 609
national
-
-
-
38 063
social contributions
-
-
-
40 767
total
-
-
-
83 498
Employee
85 040
-
158 500
-
social contributions
28 675
-
53 447
-
regional
1 284
-
3 197
-
municipal
508
-
946
-
national
14 371
-
32 873
-
total
44 838
-
90 463
-
Employer
85 040
-
158 500
-
total
-
-
-
-
Corporate
73 460
158 500
-
-
nationa
17 631
38 040
-
-
municipal
3 541
7 639
-
-
total
21 172
45 679
-
-
Dividends
52 288
112 821
-
-
withholding
13 595
29 334
-
-
total
13 595
29 334
-
-
Income
158 500
158 500
158 500
158 500
Total tax
79 605
75 013
90 463
83 498
After tax
78 895
83 487
68 037
75 002
Living cost
40 203
40 203
40 203
40 203
Free-cash
38 692
43 284
27 834
34 799

Estimated living cost  is ₽40203 per week

₽28240
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2765
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽607
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8589
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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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