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
₽ 159500
per

Your estimated
City
free-cash

Dresden , Germany
₽49908
₽61071
₽54430
₽72161
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
159 500
trade
-
-
-
17 731
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.

-
-
-
47 279
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.

-
-
-
2 601
total
-
-
-
74 505
Employee

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

38 597
-
159 500
-
health

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

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

6 894
-
6 894
-
surtax

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

59
-
2 601
-
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
-
47 279
-
total
8 031
-
56 774
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
120 903
159 500
-
-
surtax

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

998
1 316
-
-
income
18 135
23 926
-
-
trade
19 043
25 121
-
-
chamber of commerce
327
383
-
-
total
38 503
50 746
-
-
Dividends
82 401
108 755
-
-
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.

1 113
1 475
-
-
withholding
20 217
26 806
-
-
total
21 330
28 281
-
-
Income
159 500
159 500
159 500
159 500
Total tax
67 864
79 027
56 774
74 505
After tax
91 636
80 473
102 726
84 995
Living cost
30 565
30 565
30 565
30 565
Free-cash
61 071
49 908
72 161
54 430

Estimated living cost  is ₽30565 per week

₽19226
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.
₽7204
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽48538
₽47689
₽43425
₽44678
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
159 500
municipal
-
-
-
17 348
pensions
-
-
-
19 140
national
-
-
-
26 882
social contributions
-
-
-
1 715
total
-
-
-
65 085
Employee
79 044
-
137 886
-
municipal
9 763
-
17 965
-
pensions
3 162
-
5 515
-
national
15 129
-
27 839
-
total
28 054
-
51 319
-
Employer
79 044
-
137 886
-
social contributions
850
-
1 482
-
pensions
6 324
-
11 031
-
total
7 174
-
12 513
-
Corporate
68 066
159 500
-
-
income

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

13 613
31 900
-
-
total
13 613
31 900
-
-
Dividends
54 453
127 600
-
-
withholding
11 980
28 072
-
-
total
11 980
28 072
-
-
Income
159 500
159 500
159 500
159 500
Total tax
60 821
59 972
63 832
65 085
After tax
98 679
99 528
95 668
94 415
Living cost
50 990
50 990
50 990
50 990
Free-cash
47 689
48 538
44 678
43 425

Estimated living cost  is ₽50990 per week

₽34657
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
₽106606
₽98327
₽32479
₽75172
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
159 500
microenterprise
-
-
-
-
income
-
-
-
26 691
surtax
-
-
-
40 672
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.

-
-
-
38 664
total
-
-
-
106 027
Employee
29 487
-
116 059
-
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
-
12 767
-
surtax
-
-
-
-
income
5 249
-
22 608
-
total
8 493
-
35 375
-
Employer
29 487
-
116 059
-
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
-
27 959
-
surtax
-
-
-
-
total
7 103
-
27 959
-
Corporate
122 910
159 500
-
-
income

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

24 583
31 900
-
-
total
24 583
31 900
-
-
Dividends

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

98 328
127 600
-
-
total
-
-
-
-
Income
159 500
159 500
159 500
159 500
Total tax
40 179
31 900
63 334
106 027
After tax
119 321
127 600
96 166
53 473
Living cost
20 994
20 994
20 994
20 994
Free-cash
98 327
106 606
75 172
32 479

Estimated living cost  is ₽20994 per week

₽13393
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
₽36423
₽30240
₽47055
₽55397
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
159 500
income
-
-
-
45 905
pensions
-
-
-
11 823
health
-
-
-
12 444
total
-
-
-
70 172
Employee
86 174
86 174
140 747
-
health
13 227
11 251
12 444
-
income

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

14 105
14 105
18 809
-
pensions
15 511
11 823
11 823
-
total
42 843
37 179
43 076
-
Employer
86 174
86 174
140 747
-
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
59 293
58 235
-
-
income
11 858
11 647
-
-
total
11 858
11 647
-
-
Dividends
47 435
46 589
-
-
income
10 080
9 900
-
-
withholding
7 116
6 988
-
-
total
17 196
16 888
-
-
Income
159 500
159 500
159 500
159 500
Total tax
86 987
80 804
61 830
70 172
After tax
72 513
78 696
97 670
89 328
Living cost
42 273
42 273
42 273
42 273
Free-cash
30 240
36 423
55 397
47 055

Estimated living cost  is ₽42273 per week

₽29958
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.
₽7832
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽48098
₽47222
₽43693
₽42746
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
159 500
municipal
-
-
-
40 181
accident
-
-
-
171
pensions
-
-
-
9 237
other
-
-
-
9 929
unemployment
-
-
-
85
health
-
-
-
5 332
national
-
-
-
11 883
total
-
-
-
76 818
Employee
55 556
-
132 651
-
municipal
16 567
-
39 557
-
national
-
-
11 360
-
total
16 567
-
50 917
-
Employer
55 556
-
132 651
-
accident
111
-
171
-
other
6 456
-
9 929
-
unemployment
1 467
-
2 256
-
pensions
6 006
-
9 237
-
health
3 417
-
5 255
-
total
17 457
-
26 848
-
Corporate
86 488
159 500
-
-
income
19 027
35 090
-
-
total
19 027
35 090
-
-
Dividends
67 461
124 410
-
-
withholding
20 238
37 323
-
-
total
20 238
37 323
-
-
Income
159 500
159 500
159 500
159 500
Total tax
73 289
72 413
77 765
76 818
After tax
86 211
87 087
81 735
82 682
Living cost
38 989
38 989
38 989
38 989
Free-cash
47 222
48 098
42 746
43 693

Estimated living cost  is ₽38989 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
₽40015
₽54194
₽44564
₽63084
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
159 500
trade
-
-
-
18 520
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.

-
-
-
47 279
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.

-
-
-
2 601
total
-
-
-
75 294
Employee

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

51 174
-
159 500
-
health

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

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

6 894
-
6 894
-
surtax

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

241
-
2 601
-
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
-
47 279
-
total
11 532
-
56 774
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
108 326
159 500
-
-
surtax

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

894
1 316
-
-
income
16 249
23 926
-
-
trade
17 819
26 237
-
-
chamber of commerce
306
379
-
-
total
35 268
51 858
-
-
Dividends
73 057
107 642
-
-
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.

984
1 459
-
-
withholding
17 880
26 526
-
-
total
18 864
27 985
-
-
Income
159 500
159 500
159 500
159 500
Total tax
65 664
79 843
56 774
75 294
After tax
93 836
79 657
102 726
84 206
Living cost
39 642
39 642
39 642
39 642
Free-cash
54 194
40 015
63 084
44 564

Estimated living cost  is ₽39642 per week

₽26513
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4180
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
₽83687
₽79500
₽77202
₽75751
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
159 500
income
-
-
-
29 173
health
-
-
-
4 067
social contributions
-
-
-
16 327
total
-
-
-
49 567
Employee
77 596
77 596
148 073
-
social contributions
3 771
6 440
8 686
-
health
772
1 319
2 516
-
income
8 148
7 183
28 392
-
total
12 691
14 942
39 594
-
Employer
77 596
77 596
148 073
-
social contributions
3 771
6 440
8 686
-
health
841
1 436
2 738
-
total
4 612
7 876
11 424
-
Corporate
109 467
74 027
-
-
income
13 683
9 253
-
-
total
13 683
9 253
-
-
Dividends
95 785
64 774
-
-
withholding
16 283
11 011
-
-
total
16 283
11 011
-
-
Income
159 500
159 500
159 500
159 500
Total tax
47 269
43 082
51 018
49 567
After tax
112 231
116 418
108 482
109 933
Living cost
32 731
32 731
32 731
32 731
Free-cash
79 500
83 687
75 751
77 202

Estimated living cost  is ₽32731 per week

₽22375
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.
₽7250
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽71303
₽71682
₽92158
₽74129
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
159 500
income
-
-
-
19 499
pensions
-
-
-
15 950
unemployment
-
-
-
2 393
health
-
-
-
11 165
total
-
-
-
49 007
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.

26 467
10 533
133 473
-
health
1 853
737
9 343
-
income
3 236
1 288
16 317
-
pensions
2 647
1 053
13 347
-
unemployment
397
158
2 002
-
total
8 133
3 236
41 009
-
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.

26 467
10 533
133 473
-
pensions
5 161
2 054
26 027
-
total
5 161
2 054
26 027
-
Corporate
127 872
146 913
-
-
income
11 509
13 222
-
-
total
11 509
13 222
-
-
Dividends
116 364
133 691
-
-
social contributions
22 571
25 949
-
-
withholding
22 109
25 401
-
-
total
44 680
51 350
-
-
Income
159 500
159 500
159 500
159 500
Total tax
69 483
69 862
67 036
49 007
After tax
90 017
89 638
92 464
110 493
Living cost
18 335
18 335
18 335
18 335
Free-cash
71 682
71 303
74 129
92 158

Estimated living cost  is ₽18335 per week

₽12512
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.
₽3956
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽103226
₽96955
₽61118
₽67559
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
159 500
income
-
-
-
21 373
pensions
-
-
-
31 900
health
-
-
-
20 735
total
-
-
-
74 008
Employee
28 627
-
119 207
-
income
3 223
-
22 984
-
pensions
573
-
2 384
-
unemployment
458
-
1 907
-
total
4 254
-
27 275
-
Employer
28 627
-
119 207
-
unemployment
230
-
954
-
pensions
5 726
-
23 842
-
health
3 721
-
15 496
-
total
9 677
-
40 292
-
Corporate
121 197
159 500
-
-
income
24 240
31 900
-
-
total
24 240
31 900
-
-
Dividends
96 957
127 600
-
-
total
-
-
-
-
Income
159 500
159 500
159 500
159 500
Total tax
38 171
31 900
67 567
74 008
After tax
121 329
127 600
91 933
85 492
Living cost
24 374
24 374
24 374
24 374
Free-cash
96 955
103 226
67 559
61 118

Estimated living cost  is ₽24374 per week

₽16718
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.
₽5714
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽9152
₽9533
₽87026
₽63961
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
159 500
accident
-
-
-
253
income
-
-
-
43 416
pensions
-
-
-
4 174
other
-
-
-
372
health
-
-
-
2 188
total
-
-
-
50 403
Employee
34 719
-
142 573
-
health
3 975
-
16 325
-
income
4 763
-
32 562
-
pensions
3 909
-
7 654
-
total
12 647
-
56 541
-
Employer
34 719
-
142 573
-
accident
580
-
2 381
-
unemployment
851
-
3 493
-
pensions
5 646
-
11 053
-
total
7 077
-
16 927
-
Corporate
117 706
159 500
-
-
income

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

105 935
143 550
-
-
total
105 935
143 550
-
-
Dividends
11 770
15 950
-
-
withholding
2 237
3 031
-
-
total
2 237
3 031
-
-
Income
159 500
159 500
159 500
159 500
Total tax
127 896
146 581
73 468
50 403
After tax
31 604
12 919
86 032
109 097
Living cost
22 071
22 071
22 071
22 071
Free-cash
9 533
-9 152
63 961
87 026

Estimated living cost  is ₽22071 per week

₽16176
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1223
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽461
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4212
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

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

Source of data for Gdansk model

Close
Batumi , Georgia
₽142446
₽140744
₽148826
₽118521
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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%.

-
-
-
159 500
microenterprise

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

-
-
-
1 595
total
-
-
-
1 595
Employee
11 349
-
159 500
-
income
2 269
-
31 900
-
total
2 269
-
31 900
-
Employer
-
-
-
-
total
-
-
-
-
Corporate

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

148 151
159 500
-
-
total
-
-
-
-
Dividends
148 151
159 500
-
-
withholding
7 408
7 975
-
-
total
7 408
7 975
-
-
Income
159 500
159 500
159 500
159 500
Total tax
9 677
7 975
31 900
1 595
After tax
149 823
151 525
127 600
157 905
Living cost
9 079
9 079
9 079
9 079
Free-cash
140 744
142 446
118 521
148 826

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
₽90296
₽83482
₽58854
₽63947
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
159 500
income
-
-
-
22 888
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.

-
-
-
36 829
other
-
-
-
7 288
health
-
-
-
6 752
total
-
-
-
73 757
Employee
36 640
-
127 397
-
health
513
-
1 783
-
income
6 308
-
24 587
-
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
-
8 918
-
unemployment
366
-
1 273
-
total
9 751
-
36 561
-
Employer
36 640
-
127 397
-
accident
293
-
1 019
-
other
1 833
-
6 369
-
unemployment
366
-
1 273
-
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.

6 229
-
21 659
-
health
513
-
1 783
-
total
9 234
-
32 103
-
Corporate
113 626
159 500
-
-
income
23 861
33 495
-
-
total
23 861
33 495
-
-
Dividends
89 765
126 005
-
-
withholding
6 283
8 820
-
-
total
6 283
8 820
-
-
Income
159 500
159 500
159 500
159 500
Total tax
49 129
42 315
68 664
73 757
After tax
110 371
117 185
90 836
85 743
Living cost
26 889
26 889
26 889
26 889
Free-cash
83 482
90 296
63 947
58 854

Estimated living cost  is ₽26889 per week

₽18999
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1815
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
₽38719
₽37874
₽39464
₽24923
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
159 500
income
-
-
-
43 580
pensions
-
-
-
8 734
total
-
-
-
52 314
Employee
95 816
-
139 505
-
health
1 579
-
2 097
-
income
17 272
-
33 886
-
pensions
9 244
-
10 879
-
total
28 095
-
46 862
-
Employer
95 816
-
139 505
-
pensions
11 313
-
17 341
-
health
1 820
-
2 652
-
total
13 133
-
19 993
-
Corporate
50 551
159 500
-
-
income

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

9 605
30 304
-
-
total
9 605
30 304
-
-
Dividends
40 946
129 196
-
-
withholding
3 071
22 755
-
-
total
3 071
22 755
-
-
Income
159 500
159 500
159 500
159 500
Total tax
53 904
53 059
66 855
52 314
After tax
105 596
106 441
92 645
107 186
Living cost
67 722
67 722
67 722
67 722
Free-cash
37 874
38 719
24 923
39 464

Estimated living cost  is ₽67722 per week

₽50745
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
₽123133
₽118443
₽112919
₽118975
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
159 500
income
-
-
-
23 925
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
-
-
-
33 342
Employee
17 531
-
152 580
-
health
806
-
1 622
-
accident

We are using the highest rate at 1.1%.

193
-
388
-
income
1 753
-
15 258
-
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
-
20 365
-
Employer
17 531
-
152 580
-
accident

We are using the highest rate at 1.1%.

193
-
388
-
unemployment
105
-
212
-
pensions

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

1 932
-
3 887
-
health
1 210
-
2 434
-
total
3 440
-
6 921
-
Corporate
138 529
159 500
-
-
income
13 853
15 950
-
-
total
13 853
15 950
-
-
Dividends
124 676
143 550
-
-
withholding
6 234
7 178
-
-
total
6 234
7 178
-
-
Income
159 500
159 500
159 500
159 500
Total tax
27 818
23 128
27 286
33 342
After tax
131 682
136 372
132 214
126 158
Living cost
13 239
13 239
13 239
13 239
Free-cash
118 443
123 133
118 975
112 919

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
₽22739
₽25277
₽33371
₽41713
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
159 500
income
-
-
-
45 905
pensions
-
-
-
11 823
health
-
-
-
12 444
total
-
-
-
70 172
Employee
93 558
86 174
140 747
-
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.

14 105
14 105
18 809
-
pensions
11 823
11 823
11 823
-
total
37 600
37 179
43 076
-
Employer
93 558
86 174
140 747
-
unemployment
3 368
3 102
3 855
-
pensions
6 511
5 998
7 455
-
health
6 501
5 990
7 444
-
total
16 380
15 090
18 754
-
Corporate
49 561
58 235
-
-
income
9 912
11 647
-
-
total
9 912
11 647
-
-
Dividends
39 649
46 589
-
-
income
8 426
9 900
-
-
withholding
5 948
6 988
-
-
total
14 374
16 888
-
-
Income
159 500
159 500
159 500
159 500
Total tax
78 266
80 804
61 830
70 172
After tax
81 234
78 696
97 670
89 328
Living cost
55 957
55 957
55 957
55 957
Free-cash
25 277
22 739
41 713
33 371

Estimated living cost  is ₽55957 per week

₽41278
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
₽85649
₽77026
₽63547
₽56773
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
159 500
income
-
-
-
15 479
health
-
-
-
21 532
solidarity contribution
-
-
-
-
social contributions
-
-
-
34 775
total
-
-
-
71 786
Employee
35 540
-
119 030
-
social contributions
2 310
-
7 737
-
health
4 798
-
16 069
-
solidarity contribution
-
-
-
-
income
4 265
-
14 284
-
total
11 373
-
38 090
-
Employer
35 540
-
119 030
-
social contributions
8 885
-
29 757
-
health
3 199
-
10 713
-
total
12 084
-
40 470
-
Corporate
111 877
159 500
-
-
income
21 257
30 305
-
-
total
21 257
30 305
-
-
Dividends
90 620
129 195
-
-
withholding
13 593
19 379
-
-
total
13 593
19 379
-
-
Income
159 500
159 500
159 500
159 500
Total tax
58 307
49 684
78 560
71 786
After tax
101 193
109 816
80 940
87 714
Living cost
24 167
24 167
24 167
24 167
Free-cash
77 026
85 649
56 773
63 547

Estimated living cost  is ₽24167 per week

₽16787
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
₽42517
₽37251
₽34715
₽27508
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
159 500
municipal
-
-
-
948
regional
-
-
-
1 864
national
-
-
-
38 369
social contributions
-
-
-
41 023
total
-
-
-
82 204
Employee
89 684
-
159 500
-
social contributions
30 241
-
53 784
-
regional
846
-
1 644
-
municipal
475
-
846
-
national
15 540
-
33 137
-
total
47 102
-
89 411
-
Employer
89 684
-
159 500
-
total
-
-
-
-
Corporate
69 816
159 500
-
-
nationa
16 756
38 281
-
-
municipal
2 723
6 220
-
-
total
19 479
44 501
-
-
Dividends
50 337
115 000
-
-
withholding
13 087
29 901
-
-
total
13 087
29 901
-
-
Income
159 500
159 500
159 500
159 500
Total tax
79 668
74 402
89 411
82 204
After tax
79 832
85 098
70 089
77 296
Living cost
42 581
42 581
42 581
42 581
Free-cash
37 251
42 517
27 508
34 715

Estimated living cost  is ₽42581 per week

₽29682
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.
₽9452
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽78059
₽74916
₽53426
₽47569
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
159 500
income
-
-
-
41 076
pensions
-
-
-
26 936
other
-
-
-
-
unemployment
-
-
-
230
health
-
-
-
9 562
surtax
-
-
-
6 002
total
-
-
-
83 806
Employee
33 371
-
131 763
-
other
-
-
-
-
health
852
-
3 359
-
surtax
109
-
5 079
-
income
5 594
-
35 529
-
pensions
2 225
-
8 788
-
unemployment
2 323
-
9 171
-
total
11 103
-
61 926
-
Employer
33 371
-
131 763
-
other
-
-
-
-
unemployment
1 057
-
4 177
-
pensions
4 449
-
17 564
-
health
1 519
-
5 996
-
total
7 025
-
27 737
-
Corporate
119 105
159 500
-
-
income
30 967
41 469
-
-
total
30 967
41 469
-
-
Dividends
88 138
118 031
-
-
withholding
13 221
17 704
-
-
total
13 221
17 704
-
-
Income
159 500
159 500
159 500
159 500
Total tax
62 316
59 173
89 663
83 806
After tax
97 184
100 327
69 837
75 694
Living cost
22 268
22 268
22 268
22 268
Free-cash
74 916
78 059
47 569
53 426

Estimated living cost  is ₽22268 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
₽60175
₽65272
₽60920
₽46379
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
159 500
income
-
-
-
43 580
pensions
-
-
-
8 734
total
-
-
-
52 314
Employee
64 213
-
139 505
-
health
932
-
2 097
-
income
11 565
-
33 886
-
pensions
5 450
-
10 879
-
total
17 947
-
46 862
-
Employer
64 213
-
139 505
-
pensions
6 951
-
17 341
-
health
1 220
-
2 652
-
total
8 171
-
19 993
-
Corporate
87 116
159 500
-
-
income

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

16 552
30 304
-
-
total
16 552
30 304
-
-
Dividends
70 564
129 196
-
-
withholding
5 292
22 755
-
-
total
5 292
22 755
-
-
Income
159 500
159 500
159 500
159 500
Total tax
47 962
53 059
66 855
52 314
After tax
111 538
106 441
92 645
107 186
Living cost
46 266
46 266
46 266
46 266
Free-cash
65 272
60 175
46 379
60 920

Estimated living cost  is ₽46266 per week

₽34662
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.
₽7651
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽3331
₽29302
₽53769
₽46019
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
159 500
city
-
-
-
1 681
pensions
-
-
-
14 673
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.

-
-
-
3 191
regional
-
-
-
7 436
health
-
-
-
358
national
-
-
-
2 126
total
-
-
-
29 465
Employee
89 251
-
142 760
-
city
958
-
1 534
-
regional
2 923
-
6 442
-
health
202
-
321
-
pensions
7 498
-
11 992
-
unemployment
-
-
-
-
national
422
-
1 757
-
total
12 003
-
22 046
-
Employer
89 251
-
142 760
-
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.

1 784
-
2 856
-
unemployment
-
-
-
-
pensions
7 498
-
11 992
-
health
202
-
321
-
total
9 484
-
15 169
-
Corporate
59 783
159 500
-
-
regional
12 644
33 734
-
-
national
5 081
13 557
-
-
total
17 725
47 291
-
-
Dividends
42 058
112 209
-
-
withholding
14 720
39 274
-
-
total
14 720
39 274
-
-
Income
159 500
159 500
159 500
159 500
Total tax
53 932
86 565
37 215
29 465
After tax
105 568
72 935
122 285
130 035
Living cost
76 266
76 266
76 266
76 266
Free-cash
29 302
-3 331
46 019
53 769

Estimated living cost  is ₽76266 per week

₽49595
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽6844
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.
₽18891
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽32606
₽48970
₽37189
₽56498
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
159 500
trade
-
-
-
19 309
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.

-
-
-
47 279
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.

-
-
-
2 601
total
-
-
-
76 083
Employee

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

60 646
-
159 500
-
health

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

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

6 894
-
6 894
-
surtax

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

393
-
2 601
-
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.

7 131
-
47 279
-
total
14 418
-
56 774
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
98 854
159 500
-
-
surtax

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

816
1 316
-
-
income
14 828
23 926
-
-
trade
16 953
27 354
-
-
chamber of commerce
293
377
-
-
total
32 890
52 973
-
-
Dividends
65 964
106 528
-
-
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.

887
1 444
-
-
withholding
16 107
26 249
-
-
total
16 994
27 693
-
-
Income
159 500
159 500
159 500
159 500
Total tax
64 302
80 666
56 774
76 083
After tax
95 198
78 834
102 726
83 417
Living cost
46 228
46 228
46 228
46 228
Free-cash
48 970
32 606
56 498
37 189

Estimated living cost  is ₽46228 per week

₽33763
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.
₽8167
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽45864
₽51823
₽55655
₽55165
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
159 500
income
-
-
-
23 477
pensions
-
-
-
30 181
other
-
-
-
4 944
health
-
-
-
6 174
surtax
-
-
-
-
social contributions
-
-
-
4 544
total
-
-
-
69 320
Employee
43 189
-
124 613
-
social contributions
1 231
-
3 550
-
surtax
-
-
-
-
income
2 549
-
23 194
-
pensions
4 883
-
8 179
-
total
8 663
-
34 923
-
Employer
43 189
-
124 613
-
other
1 490
-
4 654
-
social contributions
130
-
373
-
unemployment
1 748
-
5 046
-
pensions
7 095
-
13 857
-
health
3 024
-
10 957
-
total
13 487
-
34 887
-
Corporate
102 824
159 500
-
-
surtax
-
-
-
-
income
28 790
44 659
-
-
total
28 790
44 659
-
-
Dividends
74 034
114 841
-
-
surtax
-
-
-
-
social contributions
12 735
19 753
-
-
withholding
9 477
14 699
-
-
total
22 212
34 452
-
-
Income
159 500
159 500
159 500
159 500
Total tax
73 152
79 111
69 810
69 320
After tax
86 348
80 389
89 690
90 180
Living cost
34 525
34 525
34 525
34 525
Free-cash
51 823
45 864
55 165
55 655

Estimated living cost  is ₽34525 per week

₽21770
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2807
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.
₽9362
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽49284
₽54891
₽59075
₽58585
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
159 500
income
-
-
-
23 477
pensions
-
-
-
30 181
other
-
-
-
4 944
health
-
-
-
6 174
surtax
-
-
-
-
social contributions
-
-
-
4 544
total
-
-
-
69 320
Employee
38 552
-
124 613
-
social contributions
1 099
-
3 550
-
surtax
-
-
-
-
income
1 988
-
23 194
-
pensions
4 360
-
8 179
-
total
7 447
-
34 923
-
Employer
38 552
-
124 613
-
other
1 331
-
4 654
-
social contributions
115
-
373
-
unemployment
1 561
-
5 046
-
pensions
6 335
-
13 857
-
health
2 698
-
10 957
-
total
12 040
-
34 887
-
Corporate
108 909
159 500
-
-
surtax
-
-
-
-
income
30 494
44 659
-
-
total
30 494
44 659
-
-
Dividends
78 414
114 841
-
-
surtax
-
-
-
-
social contributions
13 487
19 753
-
-
withholding
10 036
14 699
-
-
total
23 523
34 452
-
-
Income
159 500
159 500
159 500
159 500
Total tax
73 504
79 111
69 810
69 320
After tax
85 996
80 389
89 690
90 180
Living cost
31 105
31 105
31 105
31 105
Free-cash
54 891
49 284
58 585
59 075

Estimated living cost  is ₽31105 per week

₽18039
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.
₽9316
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽75911
₽76436
₽81031
₽78279
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
159 500
income
-
-
-
23 926
health
-
-
-
11 134
social contributions
-
-
-
22 011
total
-
-
-
57 071
Employee
34 215
-
159 500
-
social contributions
4 722
-
22 011
-
health
2 388
-
11 134
-
income
5 707
-
26 678
-
total
12 817
-
59 823
-
Employer
34 215
-
159 500
-
total
-
-
-
-
Corporate
125 285
159 500
-
-
income

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

6 264
7 976
-
-
total
6 264
7 976
-
-
Dividends
119 021
151 524
-
-
health
8 307
10 576
-
-
social contributions
16 425
20 910
-
-
withholding
17 853
22 729
-
-
total
42 585
54 215
-
-
Income
159 500
159 500
159 500
159 500
Total tax
61 666
62 191
59 823
57 071
After tax
97 834
97 309
99 677
102 429
Living cost
21 398
21 398
21 398
21 398
Free-cash
76 436
75 911
78 279
81 031

Estimated living cost  is ₽21398 per week

₽14320
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.
₽5264
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽52870
₽51307
₽46255
₽6286
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
159 500
chamber of commerce
-
-
-
638
income
-
-
-
39 834
pensions
-
-
-
21 810
unemployment
-
-
-
6 189
health
-
-
-
9 018
surtax
-
-
-
199
total
-
-
-
77 688
Employee
50 431
40 215
124 864
-
other
504
402
1 180
-
health
1 951
1 557
4 561
-
income
5 741
2 966
31 412
-
pensions
5 165
4 117
12 072
-
unemployment
1 513
1 206
3 537
-
total
14 874
10 248
52 762
-
Employer
50 431
40 215
124 864
-
accident
655
523
1 532
-
other
2 396
1 909
5 871
-
chamber of commerce
201
161
500
-
unemployment
1 513
1 206
3 537
-
surtax
199
199
199
-
pensions
6 329
5 048
14 795
-
payroll
1 513
1 206
3 746
-
health
1 905
1 520
4 456
-
total
14 711
11 772
34 636
-
Corporate
94 358
107 512
121 034
-
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.

23 589
26 879
30 259
-
total
23 589
26 879
30 259
-
Dividends
70 769
80 633
-
-
withholding
19 462
22 174
-
-
total
19 462
22 174
-
-
Income
159 500
159 500
159 500
159 500
Total tax
72 636
71 073
117 657
77 688
After tax
86 864
88 427
41 843
81 812
Living cost
35 557
35 557
35 557
35 557
Free-cash
51 307
52 870
6 286
46 255

Estimated living cost  is ₽35557 per week

₽23715
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
₽52447
₽37313
₽32396
₽20378
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
159 500
national
-
-
-
57 429
communal

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

-
-
-
8 081
social contributions
-
-
-
24 800
total
-
-
-
90 310
Employee

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

72 183
-
123 537
-
communal

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

3 765
-
6 444
-
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.

3 391
-
5 806
-
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
-
9 265
-
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
-
1 074
-
national
22 192
-
43 775
-
total
35 390
-
66 364
-
Employer

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

72 183
-
123 537
-
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
-
1 607
-
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
-
1 804
-
surtax
8 185
-
14 010
-
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
-
10 946
-
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
-
7 597
-
total
21 011
-
35 964
-
Corporate
66 306
159 500
-
-
surtax
264
638
-
-
income
13 261
31 900
-
-
total
13 525
32 538
-
-
Dividends
52 781
126 962
-
-
withholding

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

15 467
37 721
-
-
total
15 467
37 721
-
-
Income
159 500
159 500
159 500
159 500
Total tax
85 393
70 259
102 328
90 310
After tax
74 107
89 241
57 172
69 190
Living cost
36 794
36 794
36 794
36 794
Free-cash
37 313
52 447
20 378
32 396

Estimated living cost  is ₽36794 per week

₽23700
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.
₽9301
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽70094
₽62852
₽53271
₽49037
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
159 500
accident
-
-
-
843
income
-
-
-
41 725
pensions
-
-
-
26 469
other
-
-
-
94
unemployment
-
-
-
655
total
-
-
-
69 786
Employee
50 231
-
129 682
-
other
50
-
94
-
income
10 598
-
38 260
-
pensions
2 361
-
4 397
-
unemployment
779
-
1 450
-
total
13 788
-
44 201
-
Employer
50 231
-
129 682
-
accident
994
-
1 852
-
other
400
-
749
-
unemployment
2 763
-
5 144
-
pensions
11 854
-
22 074
-
total
16 011
-
29 819
-
Corporate
93 258
159 500
-
-
income

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

13 989
23 926
-
-
total
13 989
23 926
-
-
Dividends
79 269
135 574
-
-
withholding
16 417
29 037
-
-
total
16 417
29 037
-
-
Income
159 500
159 500
159 500
159 500
Total tax
60 205
52 963
74 020
69 786
After tax
99 295
106 537
85 480
89 714
Living cost
36 443
36 443
36 443
36 443
Free-cash
62 852
70 094
49 037
53 271

Estimated living cost  is ₽36443 per week

₽26837
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
₽39542
₽27527
₽26065
₽32421
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
159 500
accident
-
-
-
1 344
income
-
-
-
24 153
pensions
-
-
-
23 907
health
-
-
-
11 205
surtax
-
-
-
7 907
communal
-
-
-
10 080
total
-
-
-
78 596
Employee
76 419
-
142 474
-
health
3 401
-
6 341
-
surtax
4 684
-
8 732
-
income
7 381
-
28 743
-
pensions
6 113
-
11 398
-
total
21 579
-
55 214
-
Employer
76 419
-
142 474
-
accident
687
-
1 283
-
pensions
6 113
-
11 398
-
health
2 331
-
4 345
-
total
9 131
-
17 026
-
Corporate
73 950
159 500
-
-
surtax
776
1 676
-
-
communal
4 992
10 766
-
-
income
11 092
23 926
-
-
total
16 860
36 368
-
-
Dividends
57 090
123 132
-
-
income
21 000
10 281
-
-
withholding
8 564
18 470
-
-
total
29 564
28 751
-
-
Income
159 500
159 500
159 500
159 500
Total tax
77 134
65 119
72 240
78 596
After tax
82 366
94 381
87 260
80 904
Living cost
54 839
54 839
54 839
54 839
Free-cash
27 527
39 542
32 421
26 065

Estimated living cost  is ₽54839 per week

₽41138
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.
₽9797
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽77661
₽74450
₽53028
₽47171
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
159 500
income
-
-
-
41 076
pensions
-
-
-
26 936
other
-
-
-
-
unemployment
-
-
-
230
health
-
-
-
9 562
surtax
-
-
-
6 002
total
-
-
-
83 806
Employee
33 983
-
131 763
-
other
-
-
-
-
health
867
-
3 359
-
surtax
121
-
5 079
-
income
5 697
-
35 529
-
pensions
2 267
-
8 788
-
unemployment
2 365
-
9 171
-
total
11 317
-
61 926
-
Employer
33 983
-
131 763
-
other
-
-
-
-
unemployment
1 078
-
4 177
-
pensions
4 531
-
17 564
-
health
1 545
-
5 996
-
total
7 154
-
27 737
-
Corporate
118 362
159 500
-
-
income
30 774
41 469
-
-
total
30 774
41 469
-
-
Dividends
87 588
118 031
-
-
withholding
13 139
17 704
-
-
total
13 139
17 704
-
-
Income
159 500
159 500
159 500
159 500
Total tax
62 384
59 173
89 663
83 806
After tax
97 116
100 327
69 837
75 694
Living cost
22 666
22 666
22 666
22 666
Free-cash
74 450
77 661
47 171
53 028

Estimated living cost  is ₽22666 per week

₽13684
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
₽56652
₽54412
₽49573
₽42404
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
159 500
municipal
-
-
-
948
regional
-
-
-
2 404
national
-
-
-
38 369
social contributions
-
-
-
41 023
total
-
-
-
82 744
Employee
55 977
-
159 500
-
social contributions
18 876
-
53 784
-
regional
754
-
2 146
-
municipal
297
-
846
-
national
8 868
-
33 137
-
total
28 795
-
89 913
-
Employer
55 977
-
159 500
-
total
-
-
-
-
Corporate
103 523
159 500
-
-
nationa
24 845
38 281
-
-
municipal
5 146
7 928
-
-
total
29 991
46 209
-
-
Dividends
73 532
113 291
-
-
withholding
19 119
29 456
-
-
total
19 119
29 456
-
-
Income
159 500
159 500
159 500
159 500
Total tax
77 905
75 665
89 913
82 744
After tax
81 595
83 835
69 587
76 756
Living cost
27 183
27 183
27 183
27 183
Free-cash
54 412
56 652
42 404
49 573

Estimated living cost  is ₽27183 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
₽80036
₽69412
₽57934
₽51160
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
159 500
income
-
-
-
15 479
health
-
-
-
21 532
solidarity contribution
-
-
-
-
social contributions
-
-
-
34 775
total
-
-
-
71 786
Employee
43 794
-
119 030
-
social contributions
2 847
-
7 737
-
health
5 912
-
16 069
-
solidarity contribution
-
-
-
-
income
5 255
-
14 284
-
total
14 014
-
38 090
-
Employer
43 794
-
119 030
-
social contributions
10 949
-
29 757
-
health
3 941
-
10 713
-
total
14 890
-
40 470
-
Corporate
100 816
159 500
-
-
income
19 155
30 305
-
-
total
19 155
30 305
-
-
Dividends
81 661
129 195
-
-
withholding
12 249
19 379
-
-
total
12 249
19 379
-
-
Income
159 500
159 500
159 500
159 500
Total tax
60 308
49 684
78 560
71 786
After tax
99 192
109 816
80 940
87 714
Living cost
29 780
29 780
29 780
29 780
Free-cash
69 412
80 036
51 160
57 934

Estimated living cost  is ₽29780 per week

₽22146
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
₽56340
₽55842
₽49817
₽9711
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
159 500
chamber of commerce
-
-
-
638
income
-
-
-
39 834
pensions
-
-
-
21 810
unemployment
-
-
-
6 189
health
-
-
-
9 018
surtax
-
-
-
-
total
-
-
-
77 489
Employee
44 111
40 215
125 049
-
other
440
402
1 180
-
health
1 706
1 557
4 561
-
income
3 930
2 966
31 490
-
pensions
4 517
4 117
12 072
-
unemployment
1 323
1 206
3 537
-
total
11 916
10 248
52 840
-
Employer
44 111
40 215
125 049
-
accident
573
523
1 532
-
other
2 095
1 909
5 879
-
chamber of commerce
176
161
500
-
unemployment
1 323
1 206
3 537
-
surtax
-
-
-
-
pensions
5 536
5 048
14 795
-
payroll
1 323
1 206
3 751
-
health
1 668
1 520
4 456
-
total
12 694
11 573
34 450
-
Corporate
102 694
107 711
121 219
-
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.

25 674
26 929
30 305
-
total
25 674
26 929
30 305
-
Dividends
77 020
80 783
-
-
withholding
21 180
22 216
-
-
total
21 180
22 216
-
-
Income
159 500
159 500
159 500
159 500
Total tax
71 464
70 966
117 595
77 489
After tax
88 036
88 534
41 905
82 011
Living cost
32 194
32 194
32 194
32 194
Free-cash
55 842
56 340
9 711
49 817

Estimated living cost  is ₽32194 per week

₽19313
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.
₽574
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽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
₽137376
₽134723
₽143756
₽113451
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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%.

-
-
-
159 500
microenterprise

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

-
-
-
1 595
total
-
-
-
1 595
Employee
17 686
-
159 500
-
income
3 537
-
31 900
-
total
3 537
-
31 900
-
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%.

141 814
159 500
-
-
total
-
-
-
-
Dividends
141 814
159 500
-
-
withholding
7 091
7 975
-
-
total
7 091
7 975
-
-
Income
159 500
159 500
159 500
159 500
Total tax
10 628
7 975
31 900
1 595
After tax
148 872
151 525
127 600
157 905
Living cost
14 149
14 149
14 149
14 149
Free-cash
134 723
137 376
113 451
143 756

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
₽82748
₽74308
₽51760
₽47536
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
159 500
income
-
-
-
35 610
pensions
-
-
-
29 129
unemployment
-
-
-
239
health
-
-
-
15 695
total
-
-
-
80 673
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.

44 623
-
138 012
-
health
2 882
-
8 916
-
income
7 695
-
32 908
-
pensions
6 917
-
21 392
-
unemployment
63
-
193
-
total
17 557
-
63 409
-
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.

44 623
-
138 012
-
unemployment
27
-
82
-
pensions
3 949
-
12 214
-
health
2 972
-
9 192
-
total
6 948
-
21 488
-
Corporate
107 929
159 500
-
-
income
20 506
30 305
-
-
total
20 506
30 305
-
-
Dividends
87 423
129 195
-
-
withholding
13 114
19 380
-
-
total
13 114
19 380
-
-
Income
159 500
159 500
159 500
159 500
Total tax
58 125
49 685
84 897
80 673
After tax
101 375
109 815
74 603
78 827
Living cost
27 067
27 067
27 067
27 067
Free-cash
74 308
82 748
47 536
51 760

Estimated living cost  is ₽27067 per week

₽18575
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.
₽6233
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽53475
₽5450
₽66662
₽102652
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
159 500
income
-
-
-
31 090
social contributions
-
-
-
18 183
total
-
-
-
49 273
Employee
62 466
-
-
-
social contributions
5 122
-
730
-
income
13 779
-
-
-
total
18 901
-
730
-
Employer
62 466
-
-
-
social contributions
88 077
-
12 553
-
total
88 077
-
12 553
-
Corporate
8 956
159 500
-
-
income
1 970
35 090
-
-
total
1 970
35 090
-
-
Dividends
6 986
124 410
-
-
income
1 537
27 370
-
-
total
1 537
27 370
-
-
Income
159 500
159 500
159 500
159 500
Total tax
110 485
62 460
13 283
49 273
After tax
49 015
97 040
146 217
110 227
Living cost
43 565
43 565
43 565
43 565
Free-cash
5 450
53 475
102 652
66 662

Estimated living cost  is ₽43565 per week

₽28267
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4097
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.
₽10646
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽59070
₽58053
₽54429
₽42845
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
159 500
income
-
-
-
17 993
surtax
-
-
-
-
social contributions

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

-
-
-
55 425
total
-
-
-
73 418
Employee
46 411
-
128 889
-
social contributions
5 105
-
14 179
-
surtax
-
-
-
-
income
9 654
-
40 212
-
total
14 759
-
54 391
-
Employer
46 411
-
128 889
-
social contributions
11 023
-
30 611
-
total
11 023
-
30 611
-
Corporate
102 066
159 500
-
-
surtax
-
-
-
-
income
21 434
33 495
-
-
total
21 434
33 495
-
-
Dividends
80 631
126 005
-
-
withholding
22 578
35 282
-
-
total
22 578
35 282
-
-
Income
159 500
159 500
159 500
159 500
Total tax
69 794
68 777
85 002
73 418
After tax
89 706
90 723
74 498
86 082
Living cost
31 653
31 653
31 653
31 653
Free-cash
58 053
59 070
42 845
54 429

Estimated living cost  is ₽31653 per week

₽23683
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
₽31650
₽38585
₽41441
₽40951
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
159 500
income
-
-
-
23 477
pensions
-
-
-
30 181
other
-
-
-
4 944
health
-
-
-
6 174
surtax
-
-
-
-
social contributions
-
-
-
4 544
total
-
-
-
69 320
Employee
63 203
-
124 613
-
social contributions
1 800
-
3 550
-
surtax
-
-
-
-
income
5 515
-
23 194
-
pensions
7 149
-
8 179
-
total
14 464
-
34 923
-
Employer
63 203
-
124 613
-
other
2 181
-
4 654
-
social contributions
190
-
373
-
unemployment
2 560
-
5 046
-
pensions
10 385
-
13 857
-
health
4 424
-
10 957
-
total
19 740
-
34 887
-
Corporate
76 557
159 500
-
-
surtax
-
-
-
-
income
21 436
44 659
-
-
total
21 436
44 659
-
-
Dividends
55 121
114 841
-
-
surtax
-
-
-
-
social contributions
9 481
19 753
-
-
withholding
7 055
14 699
-
-
total
16 536
34 452
-
-
Income
159 500
159 500
159 500
159 500
Total tax
72 176
79 111
69 810
69 320
After tax
87 324
80 389
89 690
90 180
Living cost
48 739
48 739
48 739
48 739
Free-cash
38 585
31 650
40 951
41 441

Estimated living cost  is ₽48739 per week

₽32986
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.
₽11097
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽113216
₽109827
₽87762
₽91999
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
159 500
income
-
-
-
6 314
social contributions
-
-
-
35 090
total
-
-
-
41 404
Employee
32 442
-
138 094
-
income
-
-
6 785
-
social contributions
2 108
-
8 976
-
total
2 108
-
15 761
-
Employer
32 442
-
138 094
-
social contributions
5 029
-
21 406
-
total
5 029
-
21 406
-
Corporate
122 029
159 500
-
-
income
12 202
15 950
-
-
total
12 202
15 950
-
-
Dividends
109 827
143 550
-
-
total
-
-
-
-
Income
159 500
159 500
159 500
159 500
Total tax
19 339
15 950
37 167
41 404
After tax
140 161
143 550
122 333
118 096
Living cost
30 334
30 334
30 334
30 334
Free-cash
109 827
113 216
91 999
87 762

Estimated living cost  is ₽30334 per week

₽19613
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2286
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
-₽60458
-₽60458
₽46508
-₽60458
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
159 500
municipal
-
-
-
32 681
pensions
-
-
-
875
national
-
-
-
18 126
labour market
-
-
-
12 690
total
-
-
-
64 372
Employee
205 213
205 213
205 213
-
labour market
16 394
16 394
16 394
-
national
25 070
25 070
25 070
-
municipal
43 699
43 699
43 699
-
pensions
292
292
292
-
total
85 455
85 455
85 455
-
Employer
205 213
205 213
205 213
-
labour market
16 417
16 417
16 417
-
municipal
43 769
43 769
43 769
-
pensions
583
583
583
-
national
25 114
25 114
25 114
-
total
85 883
85 883
85 883
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
159 500
159 500
159 500
159 500
Total tax
171 338
171 338
171 338
64 372
After tax
-11 838
-11 838
-11 838
95 128
Living cost
48 620
48 620
48 620
48 620
Free-cash
-60 458
-60 458
-60 458
46 508

Estimated living cost  is ₽48620 per week

₽33276
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.
₽10295
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽8826
₽9584
₽87352
₽64287
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
159 500
accident
-
-
-
253
income
-
-
-
43 416
pensions
-
-
-
4 174
other
-
-
-
372
health
-
-
-
2 188
total
-
-
-
50 403
Employee
34 207
-
142 573
-
health
3 917
-
16 325
-
income
4 693
-
32 562
-
pensions
3 852
-
7 654
-
total
12 462
-
56 541
-
Employer
34 207
-
142 573
-
accident
571
-
2 381
-
unemployment
838
-
3 493
-
pensions
5 562
-
11 053
-
total
6 971
-
16 927
-
Corporate
118 322
159 500
-
-
income

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

106 490
143 550
-
-
total
106 490
143 550
-
-
Dividends
11 832
15 950
-
-
withholding
2 248
3 031
-
-
total
2 248
3 031
-
-
Income
159 500
159 500
159 500
159 500
Total tax
128 171
146 581
73 468
50 403
After tax
31 329
12 919
86 032
109 097
Living cost
21 745
21 745
21 745
21 745
Free-cash
9 584
-8 826
64 287
87 352

Estimated living cost  is ₽21745 per week

₽15828
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1240
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽408
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4269
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

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

Source of data for Krakow model

Close
Helsinki , Finland
₽62337
₽64435
₽66784
₽46089
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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

-
-
-
159 500
municipal
-
-
-
28 344
health
-
-
-
2 036
national
-
-
-
23 593
total
-
-
-
53 973
Employee
53 092
-
134 180
-
health
396
-
1 645
-
municipal
8 696
-
21 863
-
pensions
3 583
-
9 058
-
unemployment
797
-
2 013
-
national
877
-
14 770
-
total
14 349
-
49 349
-
Employer
53 092
-
134 180
-
accident
54
-
134
-
unemployment
345
-
871
-
pensions
9 211
-
23 280
-
health
408
-
1 034
-
total
10 018
-
25 319
-
Corporate
96 391
159 500
-
-
income
19 278
31 900
-
-
total
19 278
31 900
-
-
Dividends

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

57 835
95 700
-
-
national
2 267
9 295
-
-
municipal
10 410
17 225
-
-
total
12 677
26 520
-
-
Income
159 500
159 500
159 500
159 500
Total tax
56 322
58 420
74 668
53 973
After tax
103 178
101 080
84 832
105 527
Living cost
38 743
38 743
38 743
38 743
Free-cash
64 435
62 337
46 089
66 784

Estimated living cost  is ₽38743 per week

₽25307
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.
₽9094
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽93054
₽87560
₽86569
₽85118
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
159 500
income
-
-
-
29 173
health
-
-
-
4 067
social contributions
-
-
-
16 327
total
-
-
-
49 567
Employee
77 596
77 596
148 073
-
social contributions
2 934
6 440
8 686
-
health
601
1 319
2 516
-
income
8 449
7 183
28 392
-
total
11 984
14 942
39 594
-
Employer
77 596
77 596
148 073
-
social contributions
2 934
6 440
8 686
-
health
653
1 436
2 738
-
total
3 587
7 876
11 424
-
Corporate
120 565
74 027
-
-
income
15 071
9 253
-
-
total
15 071
9 253
-
-
Dividends
105 494
64 774
-
-
withholding
17 934
11 011
-
-
total
17 934
11 011
-
-
Income
159 500
159 500
159 500
159 500
Total tax
48 576
43 082
51 018
49 567
After tax
110 924
116 418
108 482
109 933
Living cost
23 364
23 364
23 364
23 364
Free-cash
87 560
93 054
85 118
86 569

Estimated living cost  is ₽23364 per week

₽14002
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
₽116061
₽110926
₽117302
₽97061
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
159 500
income
-
-
-
16 076
pensions
-
-
-
6 419
unemployment
-
-
-
29
health
-
-
-
3 652
total
-
-
-
26 176
Employee

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

23 163
-
149 638
-
health
1 969
-
8 139
-
income
1 584
-
13 575
-
pensions
3 474
-
14 362
-
unemployment
115
-
479
-
total
7 142
-
36 555
-
Employer

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

23 163
-
149 638
-
unemployment
115
-
479
-
pensions
1 273
-
5 266
-
health
996
-
4 117
-
total
2 384
-
9 862
-
Corporate
133 953
159 500
-
-
income
12 055
14 355
-
-
total
12 055
14 355
-
-
Dividends
121 898
145 145
-
-
withholding
10 971
13 062
-
-
total
10 971
13 062
-
-
Income
159 500
159 500
159 500
159 500
Total tax
32 552
27 417
46 417
26 176
After tax
126 948
132 083
113 083
133 324
Living cost
16 022
16 022
16 022
16 022
Free-cash
110 926
116 061
97 061
117 302

Estimated living cost  is ₽16022 per week

₽10222
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
₽78787
₽74292
₽61964
₽57730
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
159 500
accident
-
-
-
843
income
-
-
-
41 725
pensions
-
-
-
26 469
other
-
-
-
94
unemployment
-
-
-
655
total
-
-
-
69 786
Employee
37 313
-
129 682
-
other
36
-
94
-
income
7 194
-
38 260
-
pensions
1 754
-
4 397
-
unemployment
578
-
1 450
-
total
9 562
-
44 201
-
Employer
37 313
-
129 682
-
accident
739
-
1 852
-
other
299
-
749
-
unemployment
2 053
-
5 144
-
pensions
8 805
-
22 074
-
total
11 896
-
29 819
-
Corporate
110 291
159 500
-
-
income

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

16 544
23 926
-
-
total
16 544
23 926
-
-
Dividends
93 748
135 574
-
-
withholding
19 456
29 037
-
-
total
19 456
29 037
-
-
Income
159 500
159 500
159 500
159 500
Total tax
57 458
52 963
74 020
69 786
After tax
102 042
106 537
85 480
89 714
Living cost
27 750
27 750
27 750
27 750
Free-cash
74 292
78 787
57 730
61 964

Estimated living cost  is ₽27750 per week

₽18730
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
₽96772
₽96318
₽99300
₽99103
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
159 500
income
-
-
-
53 976
pensions
-
-
-
2 010
health
-
-
-
1 458
total
-
-
-
57 444
Employee
4 198
-
157 238
-
health
210
-
503
-
income
812
-
53 870
-
pensions
378
-
905
-
unemployment
42
-
101
-
total
1 442
-
55 379
-
Employer
4 198
-
157 238
-
unemployment
84
-
201
-
pensions
462
-
1 106
-
health
399
-
955
-
total
945
-
2 262
-
Corporate
154 358
159 500
-
-
income
33 959
35 090
-
-
total
33 959
35 090
-
-
Dividends
120 399
124 410
-
-
withholding
24 080
24 882
-
-
total
24 080
24 882
-
-
Income
159 500
159 500
159 500
159 500
Total tax
60 426
59 972
57 641
57 444
After tax
99 074
99 528
101 859
102 056
Living cost
2 756
2 756
2 756
2 756
Free-cash
96 318
96 772
99 103
99 300

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
₽97786
₽92821
₽78195
₽78196
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
159 500
income
-
-
-
35 659
pensions
-
-
-
19 392
unemployment
-
-
-
1 119
health
-
-
-
7 682
total
-
-
-
63 852
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
-
146 149
-
health
1 355
-
3 841
-
income
3 628
-
35 659
-
pensions
3 685
-
10 442
-
unemployment
197
-
559
-
total
8 865
-
50 501
-
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
-
146 149
-
unemployment
197
-
559
-
pensions
3 158
-
8 950
-
health
1 355
-
3 841
-
total
4 710
-
13 350
-
Corporate
128 470
159 500
-
-
income
19 271
23 925
-
-
total
19 271
23 925
-
-
Dividends
109 200
135 575
-
-
withholding
16 380
20 336
-
-
total
16 380
20 336
-
-
Income
159 500
159 500
159 500
159 500
Total tax
49 226
44 261
63 851
63 852
After tax
110 274
115 239
95 649
95 648
Living cost
17 453
17 453
17 453
17 453
Free-cash
92 821
97 786
78 196
78 195

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
₽63518
₽63155
₽58877
₽47293
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
159 500
income
-
-
-
17 993
surtax
-
-
-
-
social contributions

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

-
-
-
55 425
total
-
-
-
73 418
Employee
39 166
-
128 889
-
social contributions
4 309
-
14 179
-
surtax
-
-
-
-
income
7 653
-
40 212
-
total
11 962
-
54 391
-
Employer
39 166
-
128 889
-
social contributions
9 301
-
30 611
-
total
9 301
-
30 611
-
Corporate
111 033
159 500
-
-
surtax
-
-
-
-
income
23 317
33 495
-
-
total
23 317
33 495
-
-
Dividends
87 716
126 005
-
-
withholding
24 560
35 282
-
-
total
24 560
35 282
-
-
Income
159 500
159 500
159 500
159 500
Total tax
69 140
68 777
85 002
73 418
After tax
90 360
90 723
74 498
86 082
Living cost
27 205
27 205
27 205
27 205
Free-cash
63 155
63 518
47 293
58 877

Estimated living cost  is ₽27205 per week

₽19269
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
₽71072
₽64173
₽54249
₽50015
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
159 500
accident
-
-
-
843
income
-
-
-
41 725
pensions
-
-
-
26 469
other
-
-
-
94
unemployment
-
-
-
655
total
-
-
-
69 786
Employee
48 736
-
129 682
-
other
48
-
94
-
income
10 179
-
38 260
-
pensions
2 290
-
4 397
-
unemployment
755
-
1 450
-
total
13 272
-
44 201
-
Employer
48 736
-
129 682
-
accident
965
-
1 852
-
other
391
-
749
-
unemployment
2 681
-
5 144
-
pensions
11 501
-
22 074
-
total
15 538
-
29 819
-
Corporate
95 226
159 500
-
-
income

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

14 284
23 926
-
-
total
14 284
23 926
-
-
Dividends
80 942
135 574
-
-
withholding
16 768
29 037
-
-
total
16 768
29 037
-
-
Income
159 500
159 500
159 500
159 500
Total tax
59 862
52 963
74 020
69 786
After tax
99 638
106 537
85 480
89 714
Living cost
35 465
35 465
35 465
35 465
Free-cash
64 173
71 072
50 015
54 249

Estimated living cost  is ₽35465 per week

₽25469
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
₽119001
₽112849
₽108787
₽114843
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
159 500
income
-
-
-
23 925
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
-
-
-
33 342
Employee
23 001
-
152 580
-
health
1 058
-
1 622
-
accident

We are using the highest rate at 1.1%.

253
-
388
-
income
2 300
-
15 258
-
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
-
20 365
-
Employer
23 001
-
152 580
-
accident

We are using the highest rate at 1.1%.

253
-
388
-
unemployment
138
-
212
-
pensions

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

2 535
-
3 887
-
health
1 587
-
2 434
-
total
4 513
-
6 921
-
Corporate
131 986
159 500
-
-
income
13 198
15 950
-
-
total
13 198
15 950
-
-
Dividends
118 788
143 550
-
-
withholding
5 939
7 178
-
-
total
5 939
7 178
-
-
Income
159 500
159 500
159 500
159 500
Total tax
29 280
23 128
27 286
33 342
After tax
130 220
136 372
132 214
126 158
Living cost
17 371
17 371
17 371
17 371
Free-cash
112 849
119 001
114 843
108 787

Estimated living cost  is ₽17371 per week

₽11489
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽994
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽414
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4474
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Sofia model

Close
Berlin , Germany
₽43156
₽56355
₽47612
₽63767
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
159 500
trade
-
-
-
16 155
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.

-
-
-
47 279
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.

-
-
-
2 601
total
-
-
-
72 929
Employee

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

50 210
-
159 500
-
health

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

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

6 894
-
6 894
-
surtax

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

228
-
2 601
-
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
-
47 279
-
total
11 251
-
56 774
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
109 290
159 500
-
-
surtax

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

902
1 316
-
-
income
16 394
23 926
-
-
trade
15 684
22 888
-
-
chamber of commerce
314
387
-
-
total
33 294
48 517
-
-
Dividends
75 996
110 984
-
-
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.

1 025
1 505
-
-
withholding
18 616
27 363
-
-
total
19 641
28 868
-
-
Income
159 500
159 500
159 500
159 500
Total tax
64 186
77 385
56 774
72 929
After tax
95 314
82 115
102 726
86 571
Living cost
38 959
38 959
38 959
38 959
Free-cash
56 355
43 156
63 767
47 612

Estimated living cost  is ₽38959 per week

₽26875
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
₽54166
₽56394
₽28708
₽28708
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
159 500
income
-
-
-
47 120
social contributions
-
-
-
26 188
total
-
-
-
73 308
Employee
78 935
-
159 500
-
income
14 895
-
47 120
-
social contributions
6 558
-
26 188
-
total
21 453
-
73 308
-
Employer
78 935
-
159 500
-
total
-
-
-
-
Corporate
80 565
159 500
-
-
income
10 071
19 937
-
-
total
10 071
19 937
-
-
Dividends
70 494
139 563
-
-
withholding
14 098
27 913
-
-
total
14 098
27 913
-
-
Income
159 500
159 500
159 500
159 500
Total tax
45 622
47 850
73 308
73 308
After tax
113 878
111 650
86 192
86 192
Living cost
57 484
57 484
57 484
57 484
Free-cash
56 394
54 166
28 708
28 708

Estimated living cost  is ₽57484 per week

₽43733
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
₽61712
₽65240
₽87403
₽77890
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
159 500
income
-
-
-
28 725
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
-
-
-
35 466
Employee
46 292
-
154 858
-
income
5 023
-
35 695
-
social contributions
4 638
-
4 642
-
total
9 661
-
40 337
-
Employer
46 292
-
154 858
-
social contributions
4 638
-
4 642
-
total
4 638
-
4 642
-
Corporate
108 570
159 500
-
-
income
37 999
55 826
-
-
total
37 999
55 826
-
-
Dividends
70 571
103 674
-
-
social contributions
5 331
5 331
-
-
total
5 331
5 331
-
-
Income
159 500
159 500
159 500
159 500
Total tax
57 629
61 157
44 979
35 466
After tax
101 871
98 343
114 521
124 034
Living cost
36 631
36 631
36 631
36 631
Free-cash
65 240
61 712
77 890
87 403

Estimated living cost  is ₽36631 per week

₽24129
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.
₽9052
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽68828
₽74823
₽69573
₽55032
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
159 500
income
-
-
-
43 580
pensions
-
-
-
8 734
total
-
-
-
52 314
Employee
51 629
-
139 505
-
health
673
-
2 097
-
income
9 402
-
33 886
-
pensions
3 941
-
10 879
-
total
14 016
-
46 862
-
Employer
51 629
-
139 505
-
pensions
5 216
-
17 341
-
health
981
-
2 652
-
total
6 197
-
19 993
-
Corporate
101 674
159 500
-
-
income

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

19 319
30 304
-
-
total
19 319
30 304
-
-
Dividends
82 355
129 196
-
-
withholding
7 532
22 755
-
-
total
7 532
22 755
-
-
Income
159 500
159 500
159 500
159 500
Total tax
47 064
53 059
66 855
52 314
After tax
112 436
106 441
92 645
107 186
Living cost
37 613
37 613
37 613
37 613
Free-cash
74 823
68 828
55 032
69 573

Estimated living cost  is ₽37613 per week

₽25802
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
-₽10979
₽9254
₽85199
₽62134
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
159 500
accident
-
-
-
253
income
-
-
-
43 416
pensions
-
-
-
4 174
other
-
-
-
372
health
-
-
-
2 188
total
-
-
-
50 403
Employee
37 593
-
142 573
-
health
4 304
-
16 325
-
income
5 157
-
32 562
-
pensions
4 233
-
7 654
-
total
13 694
-
56 541
-
Employer
37 593
-
142 573
-
accident
628
-
2 381
-
unemployment
921
-
3 493
-
pensions
6 112
-
11 053
-
total
7 661
-
16 927
-
Corporate
114 246
159 500
-
-
income

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

102 822
143 550
-
-
total
102 822
143 550
-
-
Dividends
11 424
15 950
-
-
withholding
2 171
3 031
-
-
total
2 171
3 031
-
-
Income
159 500
159 500
159 500
159 500
Total tax
126 348
146 581
73 468
50 403
After tax
33 152
12 919
86 032
109 097
Living cost
23 898
23 898
23 898
23 898
Free-cash
9 254
-10 979
62 134
85 199

Estimated living cost  is ₽23898 per week

₽17539
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1393
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽481
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽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
₽120588
₽115866
₽75985
₽97658
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
159 500
work injury
-
-
-
798
health insurance
-
-
-
11 803
income
-
-
-
26 021
pensions
-
-
-
29 348
unemployment
-
-
-
1 914
total
-
-
-
69 884
Employee

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

21 810
-
159 500
-
work injury
109
-
403
-
income
2 181
-
26 021
-
pensions
4 013
-
14 848
-
health insurance
1 614
-
5 971
-
unemployment
262
-
968
-
total
8 179
-
48 211
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
137 690
159 500
-
-
income

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

1 377
1 595
-
-
total
1 377
1 595
-
-
Dividends
136 313
157 905
-
-
withholding
20 447
23 686
-
-
total
20 447
23 686
-
-
Income
159 500
159 500
159 500
159 500
Total tax
30 003
25 281
48 211
69 884
After tax
129 497
134 219
111 289
89 616
Living cost
13 631
13 631
13 631
13 631
Free-cash
115 866
120 588
97 658
75 985

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
₽43811
₽39223
₽35206
₽28204
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
159 500
municipal
-
-
-
1 067
regional
-
-
-
3 634
national
-
-
-
38 369
social contributions
-
-
-
41 023
total
-
-
-
84 093
Employee
85 034
-
159 500
-
social contributions
28 673
-
53 784
-
regional
1 284
-
3 222
-
municipal
507
-
952
-
national
14 370
-
33 137
-
total
44 834
-
91 095
-
Employer
85 034
-
159 500
-
total
-
-
-
-
Corporate
74 466
159 500
-
-
nationa
17 873
38 281
-
-
municipal
3 589
7 689
-
-
total
21 462
45 970
-
-
Dividends
53 004
113 531
-
-
withholding
13 780
29 518
-
-
total
13 780
29 518
-
-
Income
159 500
159 500
159 500
159 500
Total tax
80 076
75 488
91 095
84 093
After tax
79 424
84 012
68 405
75 407
Living cost
40 201
40 201
40 201
40 201
Free-cash
39 223
43 811
28 204
35 206

Estimated living cost  is ₽40201 per week

₽28238
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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