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
₽ 159000
per

Your estimated
City
free-cash

Dresden , Germany
₽49660
₽60822
₽54228
₽71881
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
159 000
trade
-
-
-
17 653
income

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

-
-
-
47 069
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.

-
-
-
2 589
total
-
-
-
74 205
Employee

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

38 599
-
159 000
-
health

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

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

6 894
-
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
-
2 589
-
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
-
47 069
-
total
8 031
-
56 552
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
120 401
159 000
-
-
surtax

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

994
1 312
-
-
income
18 059
23 850
-
-
trade
18 963
25 042
-
-
chamber of commerce
326
381
-
-
total
38 342
50 585
-
-
Dividends
82 059
108 415
-
-
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.

1 107
1 469
-
-
withholding
20 131
26 719
-
-
total
21 238
28 188
-
-
Income
159 000
159 000
159 000
159 000
Total tax
67 611
78 773
56 552
74 205
After tax
91 389
80 227
102 448
84 795
Living cost
30 567
30 567
30 567
30 567
Free-cash
60 822
49 660
71 881
54 228

Estimated living cost  is ₽30567 per week

₽19227
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
₽48222
₽47374
₽43135
₽44384
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
159 000
municipal
-
-
-
17 290
pensions
-
-
-
19 080
national
-
-
-
26 792
social contributions
-
-
-
1 709
total
-
-
-
64 871
Employee
79 050
-
137 454
-
municipal
9 764
-
17 905
-
pensions
3 162
-
5 498
-
national
15 130
-
27 745
-
total
28 056
-
51 148
-
Employer
79 050
-
137 454
-
social contributions
850
-
1 478
-
pensions
6 324
-
10 996
-
total
7 174
-
12 474
-
Corporate
67 559
159 000
-
-
income

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

13 512
31 800
-
-
total
13 512
31 800
-
-
Dividends
54 047
127 200
-
-
withholding
11 890
27 984
-
-
total
11 890
27 984
-
-
Income
159 000
159 000
159 000
159 000
Total tax
60 632
59 784
63 622
64 871
After tax
98 368
99 216
95 378
94 129
Living cost
50 994
50 994
50 994
50 994
Free-cash
47 374
48 222
44 384
43 135

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
₽106205
₽97927
₽32262
₽74929
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
159 000
microenterprise
-
-
-
-
income
-
-
-
26 533
surtax
-
-
-
40 544
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
-
-
-
105 743
Employee
29 488
-
115 600
-
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
-
12 716
-
surtax
-
-
-
-
income
5 249
-
22 513
-
total
8 493
-
35 229
-
Employer
29 488
-
115 600
-
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
-
27 847
-
surtax
-
-
-
-
total
7 103
-
27 847
-
Corporate
122 409
159 000
-
-
income

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

24 482
31 800
-
-
total
24 482
31 800
-
-
Dividends

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

97 926
127 200
-
-
total
-
-
-
-
Income
159 000
159 000
159 000
159 000
Total tax
40 078
31 800
63 076
105 743
After tax
118 922
127 200
95 924
53 257
Living cost
20 995
20 995
20 995
20 995
Free-cash
97 927
106 205
74 929
32 262

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
₽36166
₽29983
₽46811
₽55026
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
159 000
income
-
-
-
45 645
pensions
-
-
-
11 824
health
-
-
-
12 444
total
-
-
-
69 913
Employee
86 179
86 179
140 246
-
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
18 676
-
pensions
15 512
11 824
11 824
-
total
42 846
37 181
42 944
-
Employer
86 179
86 179
140 246
-
unemployment
3 102
3 102
3 855
-
pensions
5 998
5 998
7 455
-
health
5 990
5 990
7 444
-
total
15 090
15 090
18 754
-
Corporate
58 787
57 730
-
-
income
11 757
11 546
-
-
total
11 757
11 546
-
-
Dividends
47 031
46 184
-
-
income
9 993
9 815
-
-
withholding
7 055
6 927
-
-
total
17 048
16 742
-
-
Income
159 000
159 000
159 000
159 000
Total tax
86 741
80 559
61 698
69 913
After tax
72 259
78 441
97 302
89 087
Living cost
42 276
42 276
42 276
42 276
Free-cash
29 983
36 166
55 026
46 811

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
₽47824
₽46948
₽43465
₽42520
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
159 000
municipal
-
-
-
40 032
accident
-
-
-
171
pensions
-
-
-
9 237
other
-
-
-
9 930
unemployment
-
-
-
86
health
-
-
-
5 332
national
-
-
-
11 757
total
-
-
-
76 545
Employee
55 558
-
132 151
-
municipal
16 567
-
39 407
-
national
-
-
11 234
-
total
16 567
-
50 641
-
Employer
55 558
-
132 151
-
accident
111
-
171
-
other
6 456
-
9 930
-
unemployment
1 467
-
2 256
-
pensions
6 006
-
9 237
-
health
3 417
-
5 255
-
total
17 457
-
26 849
-
Corporate
85 986
159 000
-
-
income
18 917
34 980
-
-
total
18 917
34 980
-
-
Dividends
67 069
124 020
-
-
withholding
20 121
37 206
-
-
total
20 121
37 206
-
-
Income
159 000
159 000
159 000
159 000
Total tax
73 062
72 186
77 490
76 545
After tax
85 938
86 814
81 510
82 455
Living cost
38 990
38 990
38 990
38 990
Free-cash
46 948
47 824
42 520
43 465

Estimated living cost  is ₽38990 per week

₽25841
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
₽39763
₽53944
₽44367
₽62804
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
159 000
trade
-
-
-
18 437
income

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

-
-
-
47 069
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.

-
-
-
2 589
total
-
-
-
74 989
Employee

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

51 177
-
159 000
-
health

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

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

6 894
-
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
-
2 589
-
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
-
47 069
-
total
11 532
-
56 552
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
107 823
159 000
-
-
surtax

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

889
1 312
-
-
income
16 173
23 850
-
-
trade
17 738
26 156
-
-
chamber of commerce
306
379
-
-
total
35 106
51 697
-
-
Dividends
72 718
107 302
-
-
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.

979
1 454
-
-
withholding
17 795
26 442
-
-
total
18 774
27 896
-
-
Income
159 000
159 000
159 000
159 000
Total tax
65 412
79 593
56 552
74 989
After tax
93 588
79 407
102 448
84 011
Living cost
39 644
39 644
39 644
39 644
Free-cash
53 944
39 763
62 804
44 367

Estimated living cost  is ₽39644 per week

₽26514
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.
₽8357
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽83322
₽79135
₽76884
₽75433
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
159 000
income
-
-
-
29 002
health
-
-
-
4 054
social contributions
-
-
-
16 328
total
-
-
-
49 384
Employee
77 600
77 600
147 582
-
social contributions
3 771
6 440
8 687
-
health
772
1 319
2 509
-
income
8 149
7 183
28 221
-
total
12 692
14 942
39 417
-
Employer
77 600
77 600
147 582
-
social contributions
3 771
6 440
8 687
-
health
841
1 436
2 731
-
total
4 612
7 876
11 418
-
Corporate
108 965
73 523
-
-
income
13 620
9 191
-
-
total
13 620
9 191
-
-
Dividends
95 345
64 333
-
-
withholding
16 209
10 937
-
-
total
16 209
10 937
-
-
Income
159 000
159 000
159 000
159 000
Total tax
47 133
42 946
50 835
49 384
After tax
111 867
116 054
108 165
109 616
Living cost
32 732
32 732
32 732
32 732
Free-cash
79 135
83 322
75 433
76 884

Estimated living cost  is ₽32732 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
₽71021
₽71402
₽91810
₽73836
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
159 000
income
-
-
-
19 438
pensions
-
-
-
15 900
unemployment
-
-
-
2 385
health
-
-
-
11 130
total
-
-
-
48 853
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.

26 470
10 535
133 054
-
health
1 853
737
9 314
-
income
3 236
1 288
16 266
-
pensions
2 647
1 053
13 305
-
unemployment
397
158
1 996
-
total
8 133
3 236
40 881
-
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.

26 470
10 535
133 054
-
pensions
5 162
2 054
25 946
-
total
5 162
2 054
25 946
-
Corporate
127 369
146 411
-
-
income
11 463
13 177
-
-
total
11 463
13 177
-
-
Dividends
115 906
133 234
-
-
social contributions
22 481
25 860
-
-
withholding
22 022
25 315
-
-
total
44 503
51 175
-
-
Income
159 000
159 000
159 000
159 000
Total tax
69 261
69 642
66 827
48 853
After tax
89 739
89 358
92 173
110 147
Living cost
18 337
18 337
18 337
18 337
Free-cash
71 402
71 021
73 836
91 810

Estimated living cost  is ₽18337 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
₽102825
₽96554
₽60850
₽67269
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
159 000
income
-
-
-
21 305
pensions
-
-
-
31 800
health
-
-
-
20 670
total
-
-
-
73 775
Employee
28 629
-
118 835
-
income
3 223
-
22 912
-
pensions
573
-
2 377
-
unemployment
458
-
1 902
-
total
4 254
-
27 191
-
Employer
28 629
-
118 835
-
unemployment
230
-
950
-
pensions
5 726
-
23 766
-
health
3 721
-
15 449
-
total
9 677
-
40 165
-
Corporate
120 695
159 000
-
-
income
24 140
31 800
-
-
total
24 140
31 800
-
-
Dividends
96 555
127 200
-
-
total
-
-
-
-
Income
159 000
159 000
159 000
159 000
Total tax
38 071
31 800
67 356
73 775
After tax
120 929
127 200
91 644
85 225
Living cost
24 375
24 375
24 375
24 375
Free-cash
96 554
102 825
67 269
60 850

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
-₽9190
₽9493
₽86687
₽63675
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
159 000
accident
-
-
-
253
income
-
-
-
43 257
pensions
-
-
-
4 174
other
-
-
-
372
health
-
-
-
2 188
total
-
-
-
50 244
Employee
34 715
-
142 094
-
health
3 975
-
16 269
-
income
4 763
-
32 428
-
pensions
3 909
-
7 653
-
total
12 647
-
56 350
-
Employer
34 715
-
142 094
-
accident
580
-
2 373
-
unemployment
850
-
3 481
-
pensions
5 645
-
11 052
-
total
7 075
-
16 906
-
Corporate
117 210
159 000
-
-
income

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

105 489
143 100
-
-
total
105 489
143 100
-
-
Dividends
11 721
15 900
-
-
withholding
2 227
3 021
-
-
total
2 227
3 021
-
-
Income
159 000
159 000
159 000
159 000
Total tax
127 438
146 121
73 256
50 244
After tax
31 562
12 879
85 744
108 756
Living cost
22 069
22 069
22 069
22 069
Free-cash
9 493
-9 190
63 675
86 687

Estimated living cost  is ₽22069 per week

₽16174
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.
₽4211
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽141971
₽140270
₽148331
₽118121
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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%.

-
-
-
159 000
microenterprise

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

-
-
-
1 590
total
-
-
-
1 590
Employee
11 349
-
159 000
-
income
2 269
-
31 800
-
total
2 269
-
31 800
-
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%.

147 651
159 000
-
-
total
-
-
-
-
Dividends
147 651
159 000
-
-
withholding
7 382
7 950
-
-
total
7 382
7 950
-
-
Income
159 000
159 000
159 000
159 000
Total tax
9 651
7 950
31 800
1 590
After tax
149 349
151 050
127 200
157 410
Living cost
9 079
9 079
9 079
9 079
Free-cash
140 270
141 971
118 121
148 331

Estimated living cost  is ₽9079 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
₽89928
₽83110
₽58476
₽63676
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
159 000
income
-
-
-
22 761
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
-
-
-
73 634
Employee
36 642
-
126 997
-
health
513
-
1 777
-
income
6 308
-
24 494
-
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
-
8 890
-
unemployment
366
-
1 270
-
total
9 751
-
36 431
-
Employer
36 642
-
126 997
-
accident
293
-
1 017
-
other
1 833
-
6 350
-
unemployment
366
-
1 270
-
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
-
21 589
-
health
513
-
1 777
-
total
9 235
-
32 003
-
Corporate
113 124
159 000
-
-
income
23 757
33 390
-
-
total
23 757
33 390
-
-
Dividends
89 367
125 610
-
-
withholding
6 257
8 792
-
-
total
6 257
8 792
-
-
Income
159 000
159 000
159 000
159 000
Total tax
49 000
42 182
68 434
73 634
After tax
110 000
116 818
90 566
85 366
Living cost
26 890
26 890
26 890
26 890
Free-cash
83 110
89 928
63 676
58 476

Estimated living cost  is ₽26890 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
₽38442
₽37496
₽39165
₽24666
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
159 000
income
-
-
-
43 385
pensions
-
-
-
8 723
total
-
-
-
52 108
Employee
95 823
-
139 075
-
health
1 579
-
2 092
-
income
17 273
-
33 719
-
pensions
9 244
-
10 871
-
total
28 096
-
46 682
-
Employer
95 823
-
139 075
-
pensions
11 314
-
17 282
-
health
1 820
-
2 643
-
total
13 134
-
19 925
-
Corporate
50 043
159 000
-
-
income

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

9 507
30 211
-
-
total
9 507
30 211
-
-
Dividends
40 535
128 789
-
-
withholding
3 040
22 620
-
-
total
3 040
22 620
-
-
Income
159 000
159 000
159 000
159 000
Total tax
53 777
52 831
66 607
52 108
After tax
105 223
106 169
92 393
106 892
Living cost
67 727
67 727
67 727
67 727
Free-cash
37 496
38 442
24 666
39 165

Estimated living cost  is ₽67727 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
₽122706
₽118015
₽112494
₽118525
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
159 000
income
-
-
-
23 850
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
-
-
-
33 267
Employee
17 531
-
152 080
-
health
806
-
1 622
-
accident

We are using the highest rate at 1.1%.

193
-
388
-
income
1 753
-
15 208
-
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
-
20 315
-
Employer
17 531
-
152 080
-
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
138 029
159 000
-
-
income
13 803
15 900
-
-
total
13 803
15 900
-
-
Dividends
124 226
143 100
-
-
withholding
6 212
7 155
-
-
total
6 212
7 155
-
-
Income
159 000
159 000
159 000
159 000
Total tax
27 746
23 055
27 236
33 267
After tax
131 254
135 945
131 764
125 733
Living cost
13 239
13 239
13 239
13 239
Free-cash
118 015
122 706
118 525
112 494

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
₽22481
₽25018
₽33127
₽41342
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
159 000
income
-
-
-
45 645
pensions
-
-
-
11 824
health
-
-
-
12 444
total
-
-
-
69 913
Employee
93 563
86 179
140 246
-
health
11 672
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
18 676
-
pensions
11 824
11 824
11 824
-
total
37 602
37 181
42 944
-
Employer
93 563
86 179
140 246
-
unemployment
3 369
3 102
3 855
-
pensions
6 511
5 998
7 455
-
health
6 502
5 990
7 444
-
total
16 382
15 090
18 754
-
Corporate
49 056
57 730
-
-
income
9 811
11 546
-
-
total
9 811
11 546
-
-
Dividends
39 245
46 184
-
-
income
8 340
9 815
-
-
withholding
5 887
6 927
-
-
total
14 227
16 742
-
-
Income
159 000
159 000
159 000
159 000
Total tax
78 022
80 559
61 698
69 913
After tax
80 978
78 441
97 302
89 087
Living cost
55 960
55 960
55 960
55 960
Free-cash
25 018
22 481
41 342
33 127

Estimated living cost  is ₽55960 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
₽85302
₽76679
₽63173
₽56516
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
159 000
income
-
-
-
15 413
health
-
-
-
21 465
solidarity contribution
-
-
-
-
social contributions
-
-
-
34 779
total
-
-
-
71 657
Employee
35 544
-
118 657
-
social contributions
2 310
-
7 713
-
health
4 798
-
16 019
-
solidarity contribution
-
-
-
-
income
4 265
-
14 239
-
total
11 373
-
37 971
-
Employer
35 544
-
118 657
-
social contributions
8 886
-
29 664
-
health
3 199
-
10 679
-
total
12 085
-
40 343
-
Corporate
111 371
159 000
-
-
income
21 161
30 210
-
-
total
21 161
30 210
-
-
Dividends
90 211
128 790
-
-
withholding
13 532
19 318
-
-
total
13 532
19 318
-
-
Income
159 000
159 000
159 000
159 000
Total tax
58 151
49 528
78 314
71 657
After tax
100 849
109 472
80 686
87 343
Living cost
24 170
24 170
24 170
24 170
Free-cash
76 679
85 302
56 516
63 173

Estimated living cost  is ₽24170 per week

₽16789
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1719
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.
₽5186
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽42250
₽36982
₽34506
₽27320
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
159 000
municipal
-
-
-
944
regional
-
-
-
1 856
national
-
-
-
38 216
social contributions
-
-
-
40 895
total
-
-
-
81 911
Employee
89 689
-
159 000
-
social contributions
30 243
-
53 615
-
regional
846
-
1 638
-
municipal
475
-
843
-
national
15 541
-
33 001
-
total
47 105
-
89 097
-
Employer
89 689
-
159 000
-
total
-
-
-
-
Corporate
69 311
159 000
-
-
nationa
16 634
38 160
-
-
municipal
2 702
6 201
-
-
total
19 336
44 361
-
-
Dividends
49 975
114 639
-
-
withholding
12 994
29 806
-
-
total
12 994
29 806
-
-
Income
159 000
159 000
159 000
159 000
Total tax
79 435
74 167
89 097
81 911
After tax
79 565
84 833
69 903
77 089
Living cost
42 583
42 583
42 583
42 583
Free-cash
36 982
42 250
27 320
34 506

Estimated living cost  is ₽42583 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
₽77743
₽74602
₽53186
₽47405
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
159 000
income
-
-
-
40 851
pensions
-
-
-
26 938
other
-
-
-
-
unemployment
-
-
-
230
health
-
-
-
9 562
surtax
-
-
-
5 964
total
-
-
-
83 545
Employee
33 373
-
131 352
-
other
-
-
-
-
health
852
-
3 349
-
surtax
109
-
5 052
-
income
5 594
-
35 372
-
pensions
2 225
-
8 762
-
unemployment
2 323
-
9 143
-
total
11 103
-
61 678
-
Employer
33 373
-
131 352
-
other
-
-
-
-
unemployment
1 057
-
4 163
-
pensions
4 449
-
17 510
-
health
1 519
-
5 975
-
total
7 025
-
27 648
-
Corporate
118 603
159 000
-
-
income
30 837
41 339
-
-
total
30 837
41 339
-
-
Dividends
87 766
117 661
-
-
withholding
13 164
17 649
-
-
total
13 164
17 649
-
-
Income
159 000
159 000
159 000
159 000
Total tax
62 129
58 988
89 326
83 545
After tax
96 871
100 012
69 674
75 455
Living cost
22 269
22 269
22 269
22 269
Free-cash
74 602
77 743
47 405
53 186

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
₽59900
₽64892
₽60623
₽46124
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
159 000
income
-
-
-
43 385
pensions
-
-
-
8 723
total
-
-
-
52 108
Employee
64 218
-
139 075
-
health
932
-
2 092
-
income
11 566
-
33 719
-
pensions
5 451
-
10 871
-
total
17 949
-
46 682
-
Employer
64 218
-
139 075
-
pensions
6 952
-
17 282
-
health
1 220
-
2 643
-
total
8 172
-
19 925
-
Corporate
86 610
159 000
-
-
income

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

16 457
30 211
-
-
total
16 457
30 211
-
-
Dividends
70 153
128 789
-
-
withholding
5 261
22 620
-
-
total
5 261
22 620
-
-
Income
159 000
159 000
159 000
159 000
Total tax
47 839
52 831
66 607
52 108
After tax
111 161
106 169
92 393
106 892
Living cost
46 269
46 269
46 269
46 269
Free-cash
64 892
59 900
46 124
60 623

Estimated living cost  is ₽46269 per week

₽34665
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
-₽3566
₽29068
₽53374
₽45647
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
159 000
city
-
-
-
1 677
pensions
-
-
-
14 628
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.

-
-
-
3 179
regional
-
-
-
7 399
health
-
-
-
358
national
-
-
-
2 112
total
-
-
-
29 353
Employee
89 259
-
142 314
-
city
958
-
1 528
-
regional
2 923
-
6 412
-
health
202
-
319
-
pensions
7 499
-
11 956
-
unemployment
-
-
-
-
national
422
-
1 744
-
total
12 004
-
21 959
-
Employer
89 259
-
142 314
-
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
-
2 846
-
unemployment
-
-
-
-
pensions
7 499
-
11 956
-
health
202
-
319
-
total
9 486
-
15 121
-
Corporate
59 275
159 000
-
-
regional
12 537
33 628
-
-
national
5 038
13 515
-
-
total
17 575
47 143
-
-
Dividends
41 699
111 858
-
-
withholding
14 594
39 150
-
-
total
14 594
39 150
-
-
Income
159 000
159 000
159 000
159 000
Total tax
53 659
86 293
37 080
29 353
After tax
105 341
72 707
121 920
129 647
Living cost
76 273
76 273
76 273
76 273
Free-cash
29 068
-3 566
45 647
53 374

Estimated living cost  is ₽76273 per week

₽49599
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.
₽18892
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽32359
₽48722
₽36995
₽56218
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
159 000
trade
-
-
-
19 222
income

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

-
-
-
47 069
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.

-
-
-
2 589
total
-
-
-
75 774
Employee

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

60 649
-
159 000
-
health

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

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

6 894
-
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
-
2 589
-
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
-
47 069
-
total
14 419
-
56 552
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
98 351
159 000
-
-
surtax

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

812
1 312
-
-
income
14 752
23 850
-
-
trade
16 868
27 269
-
-
chamber of commerce
291
377
-
-
total
32 723
52 808
-
-
Dividends
65 628
106 191
-
-
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.

881
1 438
-
-
withholding
16 024
26 164
-
-
total
16 905
27 602
-
-
Income
159 000
159 000
159 000
159 000
Total tax
64 047
80 410
56 552
75 774
After tax
94 953
78 590
102 448
83 226
Living cost
46 230
46 230
46 230
46 230
Free-cash
48 722
32 359
56 218
36 995

Estimated living cost  is ₽46230 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
₽45608
₽51573
₽55377
₽54940
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
159 000
income
-
-
-
23 358
pensions
-
-
-
30 140
other
-
-
-
4 929
health
-
-
-
6 138
surtax
-
-
-
-
social contributions
-
-
-
4 531
total
-
-
-
69 096
Employee
43 191
-
124 251
-
social contributions
1 231
-
3 541
-
surtax
-
-
-
-
income
2 549
-
23 099
-
pensions
4 883
-
8 143
-
total
8 663
-
34 783
-
Employer
43 191
-
124 251
-
other
1 490
-
4 635
-
social contributions
130
-
373
-
unemployment
1 748
-
5 033
-
pensions
7 095
-
13 799
-
health
3 024
-
10 910
-
total
13 487
-
34 750
-
Corporate
102 321
159 000
-
-
surtax
-
-
-
-
income
28 650
44 520
-
-
total
28 650
44 520
-
-
Dividends
73 671
114 480
-
-
surtax
-
-
-
-
social contributions
12 670
19 691
-
-
withholding
9 430
14 654
-
-
total
22 100
34 345
-
-
Income
159 000
159 000
159 000
159 000
Total tax
72 900
78 865
69 533
69 096
After tax
86 100
80 135
89 467
89 904
Living cost
34 527
34 527
34 527
34 527
Free-cash
51 573
45 608
54 940
55 377

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
₽49029
₽54634
₽58798
₽58361
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
159 000
income
-
-
-
23 358
pensions
-
-
-
30 140
other
-
-
-
4 929
health
-
-
-
6 138
surtax
-
-
-
-
social contributions
-
-
-
4 531
total
-
-
-
69 096
Employee
38 554
-
124 251
-
social contributions
1 099
-
3 541
-
surtax
-
-
-
-
income
1 988
-
23 099
-
pensions
4 361
-
8 143
-
total
7 448
-
34 783
-
Employer
38 554
-
124 251
-
other
1 331
-
4 635
-
social contributions
115
-
373
-
unemployment
1 561
-
5 033
-
pensions
6 335
-
13 799
-
health
2 698
-
10 910
-
total
12 040
-
34 750
-
Corporate
108 406
159 000
-
-
surtax
-
-
-
-
income
30 354
44 520
-
-
total
30 354
44 520
-
-
Dividends
78 052
114 480
-
-
surtax
-
-
-
-
social contributions
13 427
19 691
-
-
withholding
9 991
14 654
-
-
total
23 418
34 345
-
-
Income
159 000
159 000
159 000
159 000
Total tax
73 260
78 865
69 533
69 096
After tax
85 740
80 135
89 467
89 904
Living cost
31 106
31 106
31 106
31 106
Free-cash
54 634
49 029
58 361
58 798

Estimated living cost  is ₽31106 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
₽75605
₽76128
₽80712
₽77984
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
159 000
income
-
-
-
23 850
health
-
-
-
11 098
social contributions
-
-
-
21 941
total
-
-
-
56 889
Employee
34 217
-
159 000
-
social contributions
4 723
-
21 941
-
health
2 388
-
11 098
-
income
5 707
-
26 578
-
total
12 818
-
59 617
-
Employer
34 217
-
159 000
-
total
-
-
-
-
Corporate
124 783
159 000
-
-
income

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

6 239
7 950
-
-
total
6 239
7 950
-
-
Dividends
118 544
151 050
-
-
health
8 275
10 543
-
-
social contributions
16 359
20 846
-
-
withholding
17 782
22 657
-
-
total
42 416
54 046
-
-
Income
159 000
159 000
159 000
159 000
Total tax
61 473
61 996
59 617
56 889
After tax
97 527
97 004
99 383
102 111
Living cost
21 399
21 399
21 399
21 399
Free-cash
76 128
75 605
77 984
80 712

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.
₽1319
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
₽52594
₽51033
₽45994
₽6129
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
159 000
chamber of commerce
-
-
-
636
income
-
-
-
39 593
pensions
-
-
-
21 811
unemployment
-
-
-
6 190
health
-
-
-
9 018
surtax
-
-
-
199
total
-
-
-
77 447
Employee
50 434
40 217
124 396
-
other
504
402
1 180
-
health
1 951
1 557
4 562
-
income
5 741
2 966
31 214
-
pensions
5 165
4 117
12 073
-
unemployment
1 513
1 207
3 537
-
total
14 874
10 249
52 566
-
Employer
50 434
40 217
124 396
-
accident
655
523
1 532
-
other
2 396
1 909
5 853
-
chamber of commerce
201
161
498
-
unemployment
1 513
1 207
3 537
-
surtax
199
199
199
-
pensions
6 329
5 048
14 796
-
payroll
1 513
1 207
3 733
-
health
1 906
1 521
4 456
-
total
14 712
11 775
34 604
-
Corporate
93 855
107 009
120 566
-
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.

23 464
26 752
30 142
-
total
23 464
26 752
30 142
-
Dividends
70 391
80 257
-
-
withholding
19 358
22 071
-
-
total
19 358
22 071
-
-
Income
159 000
159 000
159 000
159 000
Total tax
72 408
70 847
117 312
77 447
After tax
86 592
88 153
41 688
81 553
Living cost
35 559
35 559
35 559
35 559
Free-cash
51 033
52 594
6 129
45 994

Estimated living cost  is ₽35559 per week

₽23716
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3033
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
₽52167
₽37033
₽32204
₽20232
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
159 000
national
-
-
-
57 213
communal

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

-
-
-
8 057
social contributions
-
-
-
24 730
total
-
-
-
90 000
Employee

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

72 186
-
123 150
-
communal

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

3 765
-
6 423
-
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
-
5 789
-
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
-
9 236
-
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
-
1 071
-
national
22 193
-
43 605
-
total
35 392
-
66 124
-
Employer

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

72 186
-
123 150
-
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
-
1 601
-
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
-
1 798
-
surtax
8 185
-
13 965
-
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
-
10 910
-
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
-
7 574
-
total
21 011
-
35 848
-
Corporate
65 801
159 000
-
-
surtax
262
636
-
-
income
13 160
31 800
-
-
total
13 422
32 436
-
-
Dividends
52 378
126 564
-
-
withholding

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

15 346
37 601
-
-
total
15 346
37 601
-
-
Income
159 000
159 000
159 000
159 000
Total tax
85 171
70 037
101 972
90 000
After tax
73 829
88 963
57 028
69 000
Living cost
36 796
36 796
36 796
36 796
Free-cash
37 033
52 167
20 232
32 204

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
₽69766
₽62516
₽52996
₽48761
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
159 000
accident
-
-
-
843
income
-
-
-
41 497
pensions
-
-
-
26 470
other
-
-
-
94
unemployment
-
-
-
655
total
-
-
-
69 559
Employee
50 234
-
129 180
-
other
50
-
94
-
income
10 599
-
38 033
-
pensions
2 361
-
4 397
-
unemployment
779
-
1 450
-
total
13 789
-
43 974
-
Employer
50 234
-
129 180
-
accident
994
-
1 852
-
other
400
-
749
-
unemployment
2 763
-
5 144
-
pensions
11 854
-
22 075
-
total
16 011
-
29 820
-
Corporate
92 754
159 000
-
-
income

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

13 913
23 850
-
-
total
13 913
23 850
-
-
Dividends
78 841
135 150
-
-
withholding
16 326
28 939
-
-
total
16 326
28 939
-
-
Income
159 000
159 000
159 000
159 000
Total tax
60 039
52 789
73 794
69 559
After tax
98 961
106 211
85 206
89 441
Living cost
36 445
36 445
36 445
36 445
Free-cash
62 516
69 766
48 761
52 996

Estimated living cost  is ₽36445 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
₽39272
₽27283
₽25870
₽32209
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
159 000
accident
-
-
-
1 341
income
-
-
-
24 013
pensions
-
-
-
23 831
health
-
-
-
11 173
surtax
-
-
-
7 882
communal
-
-
-
10 048
total
-
-
-
78 288
Employee
76 423
-
142 028
-
health
3 401
-
6 320
-
surtax
4 684
-
8 704
-
income
7 382
-
28 592
-
pensions
6 113
-
11 362
-
total
21 580
-
54 978
-
Employer
76 423
-
142 028
-
accident
688
-
1 277
-
pensions
6 113
-
11 362
-
health
2 331
-
4 332
-
total
9 132
-
16 971
-
Corporate
73 445
159 000
-
-
surtax
772
1 670
-
-
communal
4 958
10 732
-
-
income
11 017
23 850
-
-
total
16 747
36 252
-
-
Dividends
56 698
122 747
-
-
income
20 911
10 222
-
-
withholding
8 505
18 412
-
-
total
29 416
28 634
-
-
Income
159 000
159 000
159 000
159 000
Total tax
76 875
64 886
71 949
78 288
After tax
82 125
94 114
87 051
80 712
Living cost
54 842
54 842
54 842
54 842
Free-cash
27 283
39 272
32 209
25 870

Estimated living cost  is ₽54842 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
₽77345
₽74136
₽52788
₽47007
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
159 000
income
-
-
-
40 851
pensions
-
-
-
26 938
other
-
-
-
-
unemployment
-
-
-
230
health
-
-
-
9 562
surtax
-
-
-
5 964
total
-
-
-
83 545
Employee
33 985
-
131 352
-
other
-
-
-
-
health
868
-
3 349
-
surtax
121
-
5 052
-
income
5 697
-
35 372
-
pensions
2 267
-
8 762
-
unemployment
2 365
-
9 143
-
total
11 318
-
61 678
-
Employer
33 985
-
131 352
-
other
-
-
-
-
unemployment
1 078
-
4 163
-
pensions
4 531
-
17 510
-
health
1 545
-
5 975
-
total
7 154
-
27 648
-
Corporate
117 860
159 000
-
-
income
30 643
41 339
-
-
total
30 643
41 339
-
-
Dividends
87 217
117 661
-
-
withholding
13 082
17 649
-
-
total
13 082
17 649
-
-
Income
159 000
159 000
159 000
159 000
Total tax
62 197
58 988
89 326
83 545
After tax
96 803
100 012
69 674
75 455
Living cost
22 667
22 667
22 667
22 667
Free-cash
74 136
77 345
47 007
52 788

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
₽56389
₽54147
₽49363
₽42216
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
159 000
municipal
-
-
-
944
regional
-
-
-
2 397
national
-
-
-
38 216
social contributions
-
-
-
40 895
total
-
-
-
82 452
Employee
55 980
-
159 000
-
social contributions
18 877
-
53 615
-
regional
754
-
2 140
-
municipal
297
-
843
-
national
8 869
-
33 001
-
total
28 797
-
89 599
-
Employer
55 980
-
159 000
-
total
-
-
-
-
Corporate
103 020
159 000
-
-
nationa
24 726
38 160
-
-
municipal
5 121
7 902
-
-
total
29 847
46 062
-
-
Dividends
73 173
112 938
-
-
withholding
19 024
29 364
-
-
total
19 024
29 364
-
-
Income
159 000
159 000
159 000
159 000
Total tax
77 668
75 426
89 599
82 452
After tax
81 332
83 574
69 401
76 548
Living cost
27 185
27 185
27 185
27 185
Free-cash
54 147
56 389
42 216
49 363

Estimated living cost  is ₽27185 per week

₽16906
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
₽79689
₽69062
₽57560
₽50903
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
159 000
income
-
-
-
15 413
health
-
-
-
21 465
solidarity contribution
-
-
-
-
social contributions
-
-
-
34 779
total
-
-
-
71 657
Employee
43 799
-
118 657
-
social contributions
2 847
-
7 713
-
health
5 913
-
16 019
-
solidarity contribution
-
-
-
-
income
5 256
-
14 239
-
total
14 016
-
37 971
-
Employer
43 799
-
118 657
-
social contributions
10 950
-
29 664
-
health
3 942
-
10 679
-
total
14 892
-
40 343
-
Corporate
100 309
159 000
-
-
income
19 059
30 210
-
-
total
19 059
30 210
-
-
Dividends
81 250
128 790
-
-
withholding
12 188
19 318
-
-
total
12 188
19 318
-
-
Income
159 000
159 000
159 000
159 000
Total tax
60 155
49 528
78 314
71 657
After tax
98 845
109 472
80 686
87 343
Living cost
29 783
29 783
29 783
29 783
Free-cash
69 062
79 689
50 903
57 560

Estimated living cost  is ₽29783 per week

₽22149
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.
₽5469
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽56065
₽55568
₽49556
₽9554
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
159 000
chamber of commerce
-
-
-
636
income
-
-
-
39 593
pensions
-
-
-
21 811
unemployment
-
-
-
6 190
health
-
-
-
9 018
surtax
-
-
-
-
total
-
-
-
77 248
Employee
44 114
40 217
124 582
-
other
440
402
1 180
-
health
1 706
1 557
4 562
-
income
3 930
2 966
31 293
-
pensions
4 518
4 117
12 073
-
unemployment
1 323
1 207
3 537
-
total
11 917
10 249
52 645
-
Employer
44 114
40 217
124 582
-
accident
573
523
1 532
-
other
2 095
1 909
5 860
-
chamber of commerce
176
161
498
-
unemployment
1 323
1 207
3 537
-
surtax
-
-
-
-
pensions
5 537
5 048
14 796
-
payroll
1 323
1 207
3 738
-
health
1 668
1 521
4 456
-
total
12 695
11 576
34 417
-
Corporate
102 191
107 208
120 752
-
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.

25 547
26 802
30 188
-
total
25 547
26 802
30 188
-
Dividends
76 644
80 407
-
-
withholding
21 077
22 112
-
-
total
21 077
22 112
-
-
Income
159 000
159 000
159 000
159 000
Total tax
71 236
70 739
117 250
77 248
After tax
87 764
88 261
41 750
81 752
Living cost
32 196
32 196
32 196
32 196
Free-cash
55 568
56 065
9 554
49 556

Estimated living cost  is ₽32196 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
₽136901
₽134249
₽143261
₽113051
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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%.

-
-
-
159 000
microenterprise

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

-
-
-
1 590
total
-
-
-
1 590
Employee
17 686
-
159 000
-
income
3 537
-
31 800
-
total
3 537
-
31 800
-
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%.

141 314
159 000
-
-
total
-
-
-
-
Dividends
141 314
159 000
-
-
withholding
7 065
7 950
-
-
total
7 065
7 950
-
-
Income
159 000
159 000
159 000
159 000
Total tax
10 602
7 950
31 800
1 590
After tax
148 398
151 050
127 200
157 410
Living cost
14 149
14 149
14 149
14 149
Free-cash
134 249
136 901
113 051
143 261

Estimated living cost  is ₽14149 per week

₽9574
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
₽82405
₽73962
₽51539
₽47329
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
159 000
income
-
-
-
35 471
pensions
-
-
-
29 037
unemployment
-
-
-
239
health
-
-
-
15 646
total
-
-
-
80 393
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
-
137 578
-
health
2 882
-
8 888
-
income
7 696
-
32 776
-
pensions
6 917
-
21 324
-
unemployment
63
-
193
-
total
17 558
-
63 181
-
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
-
137 578
-
unemployment
27
-
82
-
pensions
3 949
-
12 176
-
health
2 972
-
9 164
-
total
6 948
-
21 422
-
Corporate
107 426
159 000
-
-
income
20 411
30 210
-
-
total
20 411
30 210
-
-
Dividends
87 015
128 790
-
-
withholding
13 053
19 317
-
-
total
13 053
19 317
-
-
Income
159 000
159 000
159 000
159 000
Total tax
57 970
49 527
84 603
80 393
After tax
101 030
109 473
74 397
78 607
Living cost
27 068
27 068
27 068
27 068
Free-cash
73 962
82 405
47 329
51 539

Estimated living cost  is ₽27068 per week

₽18576
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
₽53156
₽5115
₽66302
₽102133
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
159 000
income
-
-
-
30 992
social contributions
-
-
-
18 126
total
-
-
-
49 118
Employee
62 487
-
-
-
social contributions
5 124
-
730
-
income
13 783
-
-
-
total
18 907
-
730
-
Employer
62 487
-
-
-
social contributions
88 107
-
12 557
-
total
88 107
-
12 557
-
Corporate
8 406
159 000
-
-
income
1 849
34 980
-
-
total
1 849
34 980
-
-
Dividends
6 557
124 020
-
-
income
1 442
27 284
-
-
total
1 442
27 284
-
-
Income
159 000
159 000
159 000
159 000
Total tax
110 305
62 264
13 287
49 118
After tax
48 695
96 736
145 713
109 882
Living cost
43 580
43 580
43 580
43 580
Free-cash
5 115
53 156
102 133
66 302

Estimated living cost  is ₽43580 per week

₽28276
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.
₽10649
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽58785
₽57769
₽54175
₽42647
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
159 000
income
-
-
-
17 919
surtax
-
-
-
-
social contributions

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

-
-
-
55 252
total
-
-
-
73 171
Employee
46 414
-
128 485
-
social contributions
5 106
-
14 133
-
surtax
-
-
-
-
income
9 654
-
40 051
-
total
14 760
-
54 184
-
Employer
46 414
-
128 485
-
social contributions
11 023
-
30 515
-
total
11 023
-
30 515
-
Corporate
101 563
159 000
-
-
surtax
-
-
-
-
income
21 328
33 390
-
-
total
21 328
33 390
-
-
Dividends
80 235
125 610
-
-
withholding
22 466
35 171
-
-
total
22 466
35 171
-
-
Income
159 000
159 000
159 000
159 000
Total tax
69 577
68 561
84 699
73 171
After tax
89 423
90 439
74 301
85 829
Living cost
31 654
31 654
31 654
31 654
Free-cash
57 769
58 785
42 647
54 175

Estimated living cost  is ₽31654 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
₽31394
₽38330
₽41163
₽40726
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
159 000
income
-
-
-
23 358
pensions
-
-
-
30 140
other
-
-
-
4 929
health
-
-
-
6 138
surtax
-
-
-
-
social contributions
-
-
-
4 531
total
-
-
-
69 096
Employee
63 206
-
124 251
-
social contributions
1 800
-
3 541
-
surtax
-
-
-
-
income
5 515
-
23 099
-
pensions
7 149
-
8 143
-
total
14 464
-
34 783
-
Employer
63 206
-
124 251
-
other
2 181
-
4 635
-
social contributions
190
-
373
-
unemployment
2 560
-
5 033
-
pensions
10 386
-
13 799
-
health
4 424
-
10 910
-
total
19 741
-
34 750
-
Corporate
76 053
159 000
-
-
surtax
-
-
-
-
income
21 296
44 520
-
-
total
21 296
44 520
-
-
Dividends
54 757
114 480
-
-
surtax
-
-
-
-
social contributions
9 418
19 691
-
-
withholding
7 009
14 654
-
-
total
16 427
34 345
-
-
Income
159 000
159 000
159 000
159 000
Total tax
71 928
78 865
69 533
69 096
After tax
87 072
80 135
89 467
89 904
Living cost
48 742
48 742
48 742
48 742
Free-cash
38 330
31 394
40 726
41 163

Estimated living cost  is ₽48742 per week

₽32987
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
₽112766
₽109374
₽87412
₽91637
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
159 000
income
-
-
-
6 274
social contributions
-
-
-
34 979
total
-
-
-
41 253
Employee
32 444
-
137 662
-
income
-
-
6 743
-
social contributions
2 109
-
8 947
-
total
2 109
-
15 690
-
Employer
32 444
-
137 662
-
social contributions
5 029
-
21 338
-
total
5 029
-
21 338
-
Corporate
121 527
159 000
-
-
income
12 153
15 899
-
-
total
12 153
15 899
-
-
Dividends
109 374
143 101
-
-
total
-
-
-
-
Income
159 000
159 000
159 000
159 000
Total tax
19 291
15 899
37 028
41 253
After tax
139 709
143 101
121 972
117 747
Living cost
30 335
30 335
30 335
30 335
Free-cash
109 374
112 766
91 637
87 412

Estimated living cost  is ₽30335 per week

₽19614
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
-₽60971
-₽60971
₽46240
-₽60971
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
159 000
municipal
-
-
-
32 561
pensions
-
-
-
875
national
-
-
-
18 051
labour market
-
-
-
12 650
total
-
-
-
64 137
Employee
205 225
205 225
205 225
-
labour market
16 395
16 395
16 395
-
national
25 072
25 072
25 072
-
municipal
43 701
43 701
43 701
-
pensions
292
292
292
-
total
85 460
85 460
85 460
-
Employer
205 225
205 225
205 225
-
labour market
16 418
16 418
16 418
-
municipal
43 771
43 771
43 771
-
pensions
583
583
583
-
national
25 116
25 116
25 116
-
total
85 888
85 888
85 888
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
159 000
159 000
159 000
159 000
Total tax
171 348
171 348
171 348
64 137
After tax
-12 348
-12 348
-12 348
94 863
Living cost
48 623
48 623
48 623
48 623
Free-cash
-60 971
-60 971
-60 971
46 240

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
-₽8864
₽9544
₽87013
₽64001
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
159 000
accident
-
-
-
253
income
-
-
-
43 257
pensions
-
-
-
4 174
other
-
-
-
372
health
-
-
-
2 188
total
-
-
-
50 244
Employee
34 203
-
142 094
-
health
3 917
-
16 269
-
income
4 692
-
32 428
-
pensions
3 852
-
7 653
-
total
12 461
-
56 350
-
Employer
34 203
-
142 094
-
accident
571
-
2 373
-
unemployment
838
-
3 481
-
pensions
5 561
-
11 052
-
total
6 970
-
16 906
-
Corporate
117 826
159 000
-
-
income

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

106 043
143 100
-
-
total
106 043
143 100
-
-
Dividends
11 783
15 900
-
-
withholding
2 239
3 021
-
-
total
2 239
3 021
-
-
Income
159 000
159 000
159 000
159 000
Total tax
127 713
146 121
73 256
50 244
After tax
31 287
12 879
85 744
108 756
Living cost
21 743
21 743
21 743
21 743
Free-cash
9 544
-8 864
64 001
87 013

Estimated living cost  is ₽21743 per week

₽15827
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1239
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
₽62052
₽64138
₽66535
₽45855
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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

-
-
-
159 000
municipal
-
-
-
28 255
health
-
-
-
2 028
national
-
-
-
23 437
total
-
-
-
53 720
Employee
53 094
-
133 759
-
health
396
-
1 639
-
municipal
8 696
-
21 796
-
pensions
3 583
-
9 030
-
unemployment
797
-
2 007
-
national
877
-
14 688
-
total
14 349
-
49 160
-
Employer
53 094
-
133 759
-
accident
54
-
134
-
unemployment
345
-
869
-
pensions
9 212
-
23 207
-
health
408
-
1 030
-
total
10 019
-
25 240
-
Corporate
95 888
159 000
-
-
income
19 178
31 800
-
-
total
19 178
31 800
-
-
Dividends

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

57 533
95 400
-
-
national
2 214
9 230
-
-
municipal
10 357
17 173
-
-
total
12 571
26 403
-
-
Income
159 000
159 000
159 000
159 000
Total tax
56 117
58 203
74 400
53 720
After tax
102 883
100 797
84 600
105 280
Living cost
38 745
38 745
38 745
38 745
Free-cash
64 138
62 052
45 855
66 535

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
₽92689
₽87195
₽86251
₽84800
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
159 000
income
-
-
-
29 002
health
-
-
-
4 054
social contributions
-
-
-
16 328
total
-
-
-
49 384
Employee
77 600
77 600
147 582
-
social contributions
2 934
6 440
8 687
-
health
601
1 319
2 509
-
income
8 449
7 183
28 221
-
total
11 984
14 942
39 417
-
Employer
77 600
77 600
147 582
-
social contributions
2 934
6 440
8 687
-
health
653
1 436
2 731
-
total
3 587
7 876
11 418
-
Corporate
120 063
73 523
-
-
income
15 009
9 191
-
-
total
15 009
9 191
-
-
Dividends
105 055
64 333
-
-
withholding
17 860
10 937
-
-
total
17 860
10 937
-
-
Income
159 000
159 000
159 000
159 000
Total tax
48 440
42 946
50 835
49 384
After tax
110 560
116 054
108 165
109 616
Living cost
23 365
23 365
23 365
23 365
Free-cash
87 195
92 689
84 800
86 251

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.
₽6553
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽115644
₽110510
₽116855
₽96613
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
159 000
income
-
-
-
16 022
pensions
-
-
-
6 419
unemployment
-
-
-
29
health
-
-
-
3 652
total
-
-
-
26 122
Employee

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

23 164
-
149 137
-
health
1 969
-
8 139
-
income
1 584
-
13 521
-
pensions
3 474
-
14 363
-
unemployment
115
-
479
-
total
7 142
-
36 502
-
Employer

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

23 164
-
149 137
-
unemployment
115
-
479
-
pensions
1 274
-
5 266
-
health
996
-
4 117
-
total
2 385
-
9 862
-
Corporate
133 452
159 000
-
-
income
12 011
14 310
-
-
total
12 011
14 310
-
-
Dividends
121 440
144 690
-
-
withholding
10 929
13 023
-
-
total
10 929
13 023
-
-
Income
159 000
159 000
159 000
159 000
Total tax
32 467
27 333
46 364
26 122
After tax
126 533
131 667
112 636
132 878
Living cost
16 023
16 023
16 023
16 023
Free-cash
110 510
115 644
96 613
116 855

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
₽78460
₽73955
₽61690
₽57455
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
159 000
accident
-
-
-
843
income
-
-
-
41 497
pensions
-
-
-
26 470
other
-
-
-
94
unemployment
-
-
-
655
total
-
-
-
69 559
Employee
37 315
-
129 180
-
other
36
-
94
-
income
7 194
-
38 033
-
pensions
1 754
-
4 397
-
unemployment
578
-
1 450
-
total
9 562
-
43 974
-
Employer
37 315
-
129 180
-
accident
739
-
1 852
-
other
299
-
749
-
unemployment
2 053
-
5 144
-
pensions
8 806
-
22 075
-
total
11 897
-
29 820
-
Corporate
109 789
159 000
-
-
income

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

16 468
23 850
-
-
total
16 468
23 850
-
-
Dividends
93 321
135 150
-
-
withholding
19 367
28 939
-
-
total
19 367
28 939
-
-
Income
159 000
159 000
159 000
159 000
Total tax
57 294
52 789
73 794
69 559
After tax
101 706
106 211
85 206
89 441
Living cost
27 751
27 751
27 751
27 751
Free-cash
73 955
78 460
57 455
61 690

Estimated living cost  is ₽27751 per week

₽18731
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
₽96460
₽96006
₽98976
₽98778
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
159 000
income
-
-
-
53 801
pensions
-
-
-
2 010
health
-
-
-
1 457
total
-
-
-
57 268
Employee
4 198
-
156 738
-
health
210
-
503
-
income
812
-
53 695
-
pensions
378
-
905
-
unemployment
42
-
101
-
total
1 442
-
55 204
-
Employer
4 198
-
156 738
-
unemployment
84
-
201
-
pensions
462
-
1 106
-
health
399
-
955
-
total
945
-
2 262
-
Corporate
153 858
159 000
-
-
income
33 849
34 980
-
-
total
33 849
34 980
-
-
Dividends
120 009
124 020
-
-
withholding
24 002
24 804
-
-
total
24 002
24 804
-
-
Income
159 000
159 000
159 000
159 000
Total tax
60 238
59 784
57 466
57 268
After tax
98 762
99 216
101 534
101 732
Living cost
2 756
2 756
2 756
2 756
Free-cash
96 006
96 460
98 778
98 976

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
₽97424
₽92460
₽77820
₽77821
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
159 000
income
-
-
-
35 534
pensions
-
-
-
19 392
unemployment
-
-
-
1 119
health
-
-
-
7 682
total
-
-
-
63 727
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
-
145 649
-
health
1 355
-
3 841
-
income
3 628
-
35 534
-
pensions
3 685
-
10 442
-
unemployment
197
-
559
-
total
8 865
-
50 376
-
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
-
145 649
-
unemployment
197
-
559
-
pensions
3 158
-
8 950
-
health
1 355
-
3 841
-
total
4 710
-
13 350
-
Corporate
127 970
159 000
-
-
income
19 196
23 850
-
-
total
19 196
23 850
-
-
Dividends
108 775
135 150
-
-
withholding
16 316
20 273
-
-
total
16 316
20 273
-
-
Income
159 000
159 000
159 000
159 000
Total tax
49 087
44 123
63 726
63 727
After tax
109 913
114 877
95 274
95 273
Living cost
17 453
17 453
17 453
17 453
Free-cash
92 460
97 424
77 821
77 820

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
₽63233
₽62869
₽58623
₽47095
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
159 000
income
-
-
-
17 919
surtax
-
-
-
-
social contributions

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

-
-
-
55 252
total
-
-
-
73 171
Employee
39 168
-
128 485
-
social contributions
4 309
-
14 133
-
surtax
-
-
-
-
income
7 653
-
40 051
-
total
11 962
-
54 184
-
Employer
39 168
-
128 485
-
social contributions
9 302
-
30 515
-
total
9 302
-
30 515
-
Corporate
110 530
159 000
-
-
surtax
-
-
-
-
income
23 211
33 390
-
-
total
23 211
33 390
-
-
Dividends
87 319
125 610
-
-
withholding
24 450
35 171
-
-
total
24 450
35 171
-
-
Income
159 000
159 000
159 000
159 000
Total tax
68 925
68 561
84 699
73 171
After tax
90 075
90 439
74 301
85 829
Living cost
27 206
27 206
27 206
27 206
Free-cash
62 869
63 233
47 095
58 623

Estimated living cost  is ₽27206 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
₽70744
₽63835
₽53974
₽49739
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
159 000
accident
-
-
-
843
income
-
-
-
41 497
pensions
-
-
-
26 470
other
-
-
-
94
unemployment
-
-
-
655
total
-
-
-
69 559
Employee
48 738
-
129 180
-
other
48
-
94
-
income
10 180
-
38 033
-
pensions
2 290
-
4 397
-
unemployment
755
-
1 450
-
total
13 273
-
43 974
-
Employer
48 738
-
129 180
-
accident
965
-
1 852
-
other
391
-
749
-
unemployment
2 681
-
5 144
-
pensions
11 502
-
22 075
-
total
15 539
-
29 820
-
Corporate
94 723
159 000
-
-
income

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

14 208
23 850
-
-
total
14 208
23 850
-
-
Dividends
80 515
135 150
-
-
withholding
16 678
28 939
-
-
total
16 678
28 939
-
-
Income
159 000
159 000
159 000
159 000
Total tax
59 698
52 789
73 794
69 559
After tax
99 302
106 211
85 206
89 441
Living cost
35 467
35 467
35 467
35 467
Free-cash
63 835
70 744
49 739
53 974

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
₽118574
₽112421
₽108362
₽114394
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
159 000
income
-
-
-
23 850
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
-
-
-
33 267
Employee
23 001
-
152 080
-
health
1 058
-
1 622
-
accident

We are using the highest rate at 1.1%.

253
-
388
-
income
2 300
-
15 208
-
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
-
20 315
-
Employer
23 001
-
152 080
-
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
131 486
159 000
-
-
income
13 148
15 900
-
-
total
13 148
15 900
-
-
Dividends
118 338
143 100
-
-
withholding
5 917
7 155
-
-
total
5 917
7 155
-
-
Income
159 000
159 000
159 000
159 000
Total tax
29 208
23 055
27 236
33 267
After tax
129 792
135 945
131 764
125 733
Living cost
17 370
17 370
17 370
17 370
Free-cash
112 421
118 574
114 394
108 362

Estimated living cost  is ₽17370 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
₽42899
₽56101
₽47404
₽63487
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
159 000
trade
-
-
-
16 083
income

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

-
-
-
47 069
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.

-
-
-
2 589
total
-
-
-
72 635
Employee

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

50 212
-
159 000
-
health

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

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

6 894
-
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
-
2 589
-
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
-
47 069
-
total
11 251
-
56 552
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
108 788
159 000
-
-
surtax

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

898
1 312
-
-
income
16 318
23 850
-
-
trade
15 612
22 816
-
-
chamber of commerce
312
387
-
-
total
33 140
48 365
-
-
Dividends
75 647
110 634
-
-
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.

1 019
1 500
-
-
withholding
18 528
27 275
-
-
total
19 547
28 775
-
-
Income
159 000
159 000
159 000
159 000
Total tax
63 938
77 140
56 552
72 635
After tax
95 062
81 860
102 448
86 365
Living cost
38 961
38 961
38 961
38 961
Free-cash
56 101
42 899
63 487
47 404

Estimated living cost  is ₽38961 per week

₽26876
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
₽53814
₽56040
₽28500
₽28500
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
159 000
income
-
-
-
46 920
social contributions
-
-
-
26 093
total
-
-
-
73 013
Employee
78 939
-
159 000
-
income
14 896
-
46 920
-
social contributions
6 558
-
26 093
-
total
21 454
-
73 013
-
Employer
78 939
-
159 000
-
total
-
-
-
-
Corporate
80 061
159 000
-
-
income
10 008
19 875
-
-
total
10 008
19 875
-
-
Dividends
70 052
139 125
-
-
withholding
14 011
27 824
-
-
total
14 011
27 824
-
-
Income
159 000
159 000
159 000
159 000
Total tax
45 473
47 699
73 013
73 013
After tax
113 527
111 301
85 987
85 987
Living cost
57 487
57 487
57 487
57 487
Free-cash
56 040
53 814
28 500
28 500

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
₽61384
₽64913
₽86900
₽77564
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
159 000
income
-
-
-
28 726
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
-
-
-
35 467
Employee
46 295
-
154 358
-
income
5 023
-
35 519
-
social contributions
4 638
-
4 642
-
total
9 661
-
40 161
-
Employer
46 295
-
154 358
-
social contributions
4 638
-
4 642
-
total
4 638
-
4 642
-
Corporate
108 067
159 000
-
-
income
37 823
55 651
-
-
total
37 823
55 651
-
-
Dividends
70 244
103 349
-
-
social contributions
5 332
5 332
-
-
total
5 332
5 332
-
-
Income
159 000
159 000
159 000
159 000
Total tax
57 454
60 983
44 803
35 467
After tax
101 546
98 017
114 197
123 533
Living cost
36 633
36 633
36 633
36 633
Free-cash
64 913
61 384
77 564
86 900

Estimated living cost  is ₽36633 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
₽68554
₽74550
₽69277
₽54778
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
159 000
income
-
-
-
43 385
pensions
-
-
-
8 723
total
-
-
-
52 108
Employee
51 632
-
139 075
-
health
674
-
2 092
-
income
9 403
-
33 719
-
pensions
3 941
-
10 871
-
total
14 018
-
46 682
-
Employer
51 632
-
139 075
-
pensions
5 217
-
17 282
-
health
981
-
2 643
-
total
6 198
-
19 925
-
Corporate
101 170
159 000
-
-
income

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

19 222
30 211
-
-
total
19 222
30 211
-
-
Dividends
81 947
128 789
-
-
withholding
7 397
22 620
-
-
total
7 397
22 620
-
-
Income
159 000
159 000
159 000
159 000
Total tax
46 835
52 831
66 607
52 108
After tax
112 165
106 169
92 393
106 892
Living cost
37 615
37 615
37 615
37 615
Free-cash
74 550
68 554
54 778
69 277

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
-₽11017
₽9212
₽84860
₽61848
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
159 000
accident
-
-
-
253
income
-
-
-
43 257
pensions
-
-
-
4 174
other
-
-
-
372
health
-
-
-
2 188
total
-
-
-
50 244
Employee
37 589
-
142 094
-
health
4 304
-
16 269
-
income
5 157
-
32 428
-
pensions
4 233
-
7 653
-
total
13 694
-
56 350
-
Employer
37 589
-
142 094
-
accident
628
-
2 373
-
unemployment
921
-
3 481
-
pensions
6 112
-
11 052
-
total
7 661
-
16 906
-
Corporate
113 751
159 000
-
-
income

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

102 376
143 100
-
-
total
102 376
143 100
-
-
Dividends
11 375
15 900
-
-
withholding
2 161
3 021
-
-
total
2 161
3 021
-
-
Income
159 000
159 000
159 000
159 000
Total tax
125 892
146 121
73 256
50 244
After tax
33 108
12 879
85 744
108 756
Living cost
23 896
23 896
23 896
23 896
Free-cash
9 212
-11 017
61 848
84 860

Estimated living cost  is ₽23896 per week

₽17537
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1392
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.
₽4485
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽120168
₽115445
₽75713
₽97248
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
159 000
work injury
-
-
-
795
health insurance
-
-
-
11 766
income
-
-
-
25 931
pensions
-
-
-
29 256
unemployment
-
-
-
1 908
total
-
-
-
69 656
Employee

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

21 810
-
159 000
-
work injury
109
-
403
-
income
2 181
-
25 931
-
pensions
4 013
-
14 848
-
health insurance
1 614
-
5 971
-
unemployment
262
-
968
-
total
8 179
-
48 121
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
137 190
159 000
-
-
income

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

1 372
1 590
-
-
total
1 372
1 590
-
-
Dividends
135 818
157 410
-
-
withholding
20 373
23 611
-
-
total
20 373
23 611
-
-
Income
159 000
159 000
159 000
159 000
Total tax
29 924
25 201
48 121
69 656
After tax
129 076
133 799
110 879
89 344
Living cost
13 631
13 631
13 631
13 631
Free-cash
115 445
120 168
97 248
75 713

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
₽43548
₽38958
₽35003
₽28022
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
159 000
municipal
-
-
-
1 063
regional
-
-
-
3 620
national
-
-
-
38 216
social contributions
-
-
-
40 895
total
-
-
-
83 794
Employee
85 039
-
159 000
-
social contributions
28 675
-
53 615
-
regional
1 284
-
3 211
-
municipal
507
-
948
-
national
14 371
-
33 001
-
total
44 837
-
90 775
-
Employer
85 039
-
159 000
-
total
-
-
-
-
Corporate
73 961
159 000
-
-
nationa
17 751
38 160
-
-
municipal
3 564
7 664
-
-
total
21 315
45 824
-
-
Dividends
52 646
113 176
-
-
withholding
13 687
29 425
-
-
total
13 687
29 425
-
-
Income
159 000
159 000
159 000
159 000
Total tax
79 839
75 249
90 775
83 794
After tax
79 161
83 751
68 225
75 206
Living cost
40 203
40 203
40 203
40 203
Free-cash
38 958
43 548
28 022
35 003

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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