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
₽ 161500
per

Your estimated
City
free-cash

Dresden , Germany
₽55315
₽73430
₽62255
₽51198
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
161 500
trade
-
-
-
18 115
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.

-
-
-
6 830
income

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

-
-
-
48 301
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.

-
-
-
2 656
total
-
-
-
75 902
Employee

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

38 240
-
161 500
-
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.

59
-
2 656
-
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.

1 068
-
48 301
-
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.

6 830
-
6 830
-
total
7 957
-
57 787
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
123 260
161 500
-
-
trade
19 413
25 437
-
-
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.

1 017
1 332
-
-
income
18 489
24 224
-
-
chamber of commerce
328
383
-
-
total
39 247
51 376
-
-
Dividends
84 013
110 124
-
-
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.

1 135
1 493
-
-
withholding
20 623
27 150
-
-
total
21 758
28 643
-
-
Income
161 500
161 500
161 500
161 500
Total tax
68 962
80 019
57 787
75 902
After tax
92 538
81 481
103 713
85 598
Living cost
30 283
30 283
30 283
30 283
Free-cash
62 255
51 198
73 430
55 315

Estimated living cost  is ₽30283 per week

₽19049
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3531
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.
₽7138
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽45077
₽46343
₽49488
₽50327
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
161 500
social contributions
-
-
-
1 736
municipal
-
-
-
17 594
national
-
-
-
27 264
pensions
-
-
-
19 380
total
-
-
-
65 974
Employee
78 206
-
139 615
-
pensions
3 128
-
5 585
-
national
14 969
-
28 233
-
municipal
9 660
-
18 220
-
total
27 757
-
52 038
-
Employer
78 206
-
139 615
-
pensions
6 256
-
11 169
-
social contributions
841
-
1 501
-
total
7 097
-
12 670
-
Corporate
71 036
161 500
-
-
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%.

14 207
32 300
-
-
total
14 207
32 300
-
-
Dividends
56 828
129 200
-
-
withholding
12 502
28 424
-
-
total
12 502
28 424
-
-
Income
161 500
161 500
161 500
161 500
Total tax
61 563
60 724
64 708
65 974
After tax
99 937
100 776
96 792
95 526
Living cost
50 449
50 449
50 449
50 449
Free-cash
49 488
50 327
46 343
45 077

Estimated living cost  is ₽50449 per week

₽34290
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4690
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽755
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10715
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽33677
₽76187
₽100199
₽108401
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
161 500
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.

-
-
-
38 306
income
-
-
-
27 535
microenterprise
-
-
-
-
surtax
-
-
-
41 182
total
-
-
-
107 023
Employee
29 214
-
118 162
-
income
5 200
-
23 050
-
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.

3 214
-
12 998
-
surtax
-
-
-
-
total
8 414
-
36 048
-
Employer
29 214
-
118 162
-
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.

7 037
-
28 465
-
surtax
-
-
-
-
total
7 037
-
28 465
-
Corporate
125 249
161 500
-
-
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%.

25 050
32 299
-
-
total
25 050
32 299
-
-
Dividends

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

100 199
129 201
-
-
total
-
-
-
-
Income
161 500
161 500
161 500
161 500
Total tax
40 501
32 299
64 513
107 023
After tax
120 999
129 201
96 987
54 477
Living cost
20 800
20 800
20 800
20 800
Free-cash
100 199
108 401
76 187
33 677

Estimated living cost  is ₽20800 per week

₽13270
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1981
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽472
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5077
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽48295
₽57433
₽31732
₽37857
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
161 500
health
-
-
-
12 329
income
-
-
-
47 280
pensions
-
-
-
11 714
total
-
-
-
71 323
Employee
85 378
85 378
142 920
-
income

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

13 975
13 975
19 562
-
pensions
15 368
11 714
11 714
-
health
13 105
11 147
12 329
-
total
42 448
36 836
43 605
-
Employer
85 378
85 378
142 920
-
pensions
5 942
5 942
7 386
-
health
5 935
5 935
7 375
-
unemployment
3 074
3 074
3 819
-
total
14 951
14 951
18 580
-
Corporate
62 219
61 172
-
-
income
12 444
12 234
-
-
total
12 444
12 234
-
-
Dividends
49 775
48 938
-
-
withholding
7 466
7 341
-
-
income
10 577
10 399
-
-
total
18 043
17 740
-
-
Income
161 500
161 500
161 500
161 500
Total tax
87 886
81 761
62 185
71 323
After tax
73 614
79 739
99 315
90 177
Living cost
41 882
41 882
41 882
41 882
Free-cash
31 732
37 857
57 433
48 295

Estimated living cost  is ₽41882 per week

₽29681
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3776
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽666
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7760
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽44986
₽44053
₽48861
₽49725
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
161 500
other
-
-
-
9 793
unemployment
-
-
-
84
accident
-
-
-
168
municipal
-
-
-
40 879
health
-
-
-
5 259
national
-
-
-
12 767
pensions
-
-
-
9 110
total
-
-
-
78 060
Employee
54 793
-
135 020
-
national
-
-
12 251
-
municipal
16 339
-
40 263
-
total
16 339
-
52 514
-
Employer
54 793
-
135 020
-
pensions
5 923
-
9 110
-
other
6 367
-
9 793
-
accident
110
-
168
-
health
3 370
-
5 183
-
unemployment
1 447
-
2 225
-
total
17 217
-
26 479
-
Corporate
89 491
161 500
-
-
income
19 688
35 530
-
-
total
19 688
35 530
-
-
Dividends
69 803
125 970
-
-
withholding
20 941
37 791
-
-
total
20 941
37 791
-
-
Income
161 500
161 500
161 500
161 500
Total tax
74 185
73 321
78 993
78 060
After tax
87 315
88 179
82 507
83 440
Living cost
38 454
38 454
38 454
38 454
Free-cash
48 861
49 725
44 053
44 986

Estimated living cost  is ₽38454 per week

₽25486
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3773
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.
₽8611
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Stockholm model

Close
Hamburg , Germany
₽45517
₽64437
₽55421
₽41372
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
161 500
trade
-
-
-
18 920
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.

-
-
-
6 830
income

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

-
-
-
48 301
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.

-
-
-
2 656
total
-
-
-
76 707
Employee

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

50 701
-
161 500
-
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.

239
-
2 656
-
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.

4 356
-
48 301
-
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.

6 830
-
6 830
-
total
11 425
-
57 787
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
110 799
161 500
-
-
trade
18 227
26 568
-
-
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.

914
1 332
-
-
income
16 620
24 224
-
-
chamber of commerce
309
381
-
-
total
36 070
52 505
-
-
Dividends
74 728
108 995
-
-
surtax

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

1 007
1 478
-
-
withholding
18 301
26 869
-
-
total
19 308
28 347
-
-
Income
161 500
161 500
161 500
161 500
Total tax
66 803
80 852
57 787
76 707
After tax
94 697
80 648
103 713
84 793
Living cost
39 276
39 276
39 276
39 276
Free-cash
55 421
41 372
64 437
45 517

Estimated living cost  is ₽39276 per week

₽26268
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4142
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽586
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8280
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽78688
₽77228
₽81287
₽85434
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
161 500
social contributions
-
-
-
16 176
health
-
-
-
4 119
income
-
-
-
30 089
total
-
-
-
50 384
Employee
76 879
76 879
150 116
-
income
8 073
7 117
29 302
-
social contributions
3 736
6 381
8 606
-
health
765
1 307
2 552
-
total
12 574
14 805
40 460
-
Employer
76 879
76 879
150 116
-
health
833
1 423
2 778
-
social contributions
3 736
6 381
8 606
-
total
4 569
7 804
11 384
-
Corporate
111 930
76 818
-
-
income
13 991
9 602
-
-
total
13 991
9 602
-
-
Dividends
97 939
67 216
-
-
withholding
16 651
11 427
-
-
total
16 651
11 427
-
-
Income
161 500
161 500
161 500
161 500
Total tax
47 785
43 638
51 844
50 384
After tax
113 715
117 862
109 656
111 116
Living cost
32 428
32 428
32 428
32 428
Free-cash
81 287
85 434
77 228
78 688

Estimated living cost  is ₽32428 per week

₽22168
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2533
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽545
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7183
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽93644
₽75387
₽72898
₽72519
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
161 500
unemployment
-
-
-
2 423
health
-
-
-
11 305
income
-
-
-
19 743
pensions
-
-
-
16 150
total
-
-
-
49 621
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.

26 323
10 476
135 146
-
income
3 218
1 281
16 522
-
pensions
2 632
1 048
13 515
-
unemployment
395
157
2 027
-
health
1 843
733
9 460
-
total
8 088
3 219
41 524
-
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.

26 323
10 476
135 146
-
pensions
5 133
2 043
26 354
-
total
5 133
2 043
26 354
-
Corporate
130 044
148 981
-
-
income
11 704
13 408
-
-
total
11 704
13 408
-
-
Dividends
118 340
135 573
-
-
social contributions
22 957
26 317
-
-
withholding
22 485
25 759
-
-
total
45 442
52 076
-
-
Income
161 500
161 500
161 500
161 500
Total tax
70 367
70 746
67 878
49 621
After tax
91 133
90 754
93 622
111 879
Living cost
18 235
18 235
18 235
18 235
Free-cash
72 898
72 519
75 387
93 644

Estimated living cost  is ₽18235 per week

₽12444
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1492
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽364
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3935
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽62417
₽68938
₽98841
₽105052
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
161 500
health
-
-
-
20 995
income
-
-
-
21 640
pensions
-
-
-
32 299
total
-
-
-
74 934
Employee
28 362
-
120 703
-
income
3 193
-
23 272
-
pensions
567
-
2 413
-
unemployment
453
-
1 931
-
total
4 213
-
27 616
-
Employer
28 362
-
120 703
-
pensions
5 673
-
24 141
-
health
3 686
-
15 691
-
unemployment
228
-
966
-
total
9 587
-
40 798
-
Corporate
123 551
161 500
-
-
income
24 710
32 299
-
-
total
24 710
32 299
-
-
Dividends
98 840
129 201
-
-
total
-
-
-
-
Income
161 500
161 500
161 500
161 500
Total tax
38 510
32 299
68 414
74 934
After tax
122 990
129 201
93 086
86 566
Living cost
24 148
24 148
24 148
24 148
Free-cash
98 841
105 052
68 938
62 417

Estimated living cost  is ₽24148 per week

₽16563
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1438
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.
₽5661
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽88538
₽65319
₽9721
-₽8833
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
161 500
other
-
-
-
369
accident
-
-
-
252
health
-
-
-
2 172
income
-
-
-
44 110
pensions
-
-
-
4 145
total
-
-
-
51 048
Employee
34 472
-
144 570
-
income
4 729
-
33 184
-
pensions
3 882
-
7 600
-
health
3 947
-
16 553
-
total
12 558
-
57 337
-
Employer
34 472
-
144 570
-
pensions
5 605
-
10 974
-
accident
575
-
2 414
-
unemployment
845
-
3 542
-
total
7 025
-
16 930
-
Corporate
120 003
161 500
-
-
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.

108 002
145 350
-
-
total
108 002
145 350
-
-
Dividends
12 000
16 150
-
-
withholding
2 280
3 069
-
-
total
2 280
3 069
-
-
Income
161 500
161 500
161 500
161 500
Total tax
129 865
148 419
74 267
51 048
After tax
31 635
13 081
87 233
110 452
Living cost
21 914
21 914
21 914
21 914
Free-cash
9 721
-8 833
65 319
88 538

Estimated living cost  is ₽21914 per week

₽16061
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1214
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽457
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4182
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽150874
₽120189
₽142725
₽144414
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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%.

-
-
-
161 500
microenterprise

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

-
-
-
1 615
total
-
-
-
1 615
Employee
11 263
-
161 500
-
income
2 252
-
32 300
-
total
2 252
-
32 300
-
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%.

150 237
161 500
-
-
total
-
-
-
-
Dividends
150 237
161 500
-
-
withholding
7 512
8 075
-
-
total
7 512
8 075
-
-
Income
161 500
161 500
161 500
161 500
Total tax
9 764
8 075
32 300
1 615
After tax
151 736
153 425
129 200
159 885
Living cost
9 011
9 011
9 011
9 011
Free-cash
142 725
144 414
120 189
150 874

Estimated living cost  is ₽9011 per week

₽5584
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽749
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽248
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2430
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽60915
₽65242
₽85262
₽92013
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
161 500
other
-
-
-
7 221
health
-
-
-
6 690
income
-
-
-
23 545
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.

-
-
-
36 489
total
-
-
-
73 945
Employee
36 301
-
128 994
-
income
6 250
-
24 985
-
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.

2 540
-
9 031
-
unemployment
362
-
1 290
-
health
508
-
1 806
-
total
9 660
-
37 112
-
Employer
36 301
-
128 994
-
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.

6 172
-
21 929
-
other
1 816
-
6 449
-
accident
290
-
1 032
-
health
508
-
1 806
-
unemployment
362
-
1 290
-
total
9 148
-
32 506
-
Corporate
116 050
161 500
-
-
income
24 371
33 916
-
-
total
24 371
33 916
-
-
Dividends
91 680
127 584
-
-
withholding
6 419
8 931
-
-
total
6 419
8 931
-
-
Income
161 500
161 500
161 500
161 500
Total tax
49 598
42 847
69 618
73 945
After tax
111 902
118 653
91 882
87 555
Living cost
26 640
26 640
26 640
26 640
Free-cash
85 262
92 013
65 242
60 915

Estimated living cost  is ₽26640 per week

₽18823
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1799
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽429
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5589
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽41005
₽26302
₽39924
₽40139
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
161 500
income
-
-
-
44 492
pensions
-
-
-
8 737
total
-
-
-
53 229
Employee
95 171
-
141 226
-
income
17 156
-
34 690
-
pensions
9 181
-
10 859
-
health
1 568
-
2 109
-
total
27 905
-
47 658
-
Employer
95 171
-
141 226
-
pensions
11 237
-
17 592
-
health
1 807
-
2 682
-
total
13 044
-
20 274
-
Corporate
53 284
161 500
-
-
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.

10 125
30 685
-
-
total
10 125
30 685
-
-
Dividends
43 159
130 815
-
-
withholding
3 236
23 410
-
-
total
3 236
23 410
-
-
Income
161 500
161 500
161 500
161 500
Total tax
54 310
54 095
67 932
53 229
After tax
107 190
107 405
93 568
108 271
Living cost
67 266
67 266
67 266
67 266
Free-cash
39 924
40 139
26 302
41 005

Estimated living cost  is ₽67266 per week

₽50404
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽7903
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽547
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8413
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽114837
₽121013
₽120327
₽124972
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
161 500
unemployment
-
-
-
140
health
-
-
-
4 017
income
-
-
-
24 225
pensions

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

-
-
-
5 170
total
-
-
-
33 552
Employee
17 361
-
154 647
-
income
1 736
-
15 465
-
pensions

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

1 524
-
3 067
-
health
799
-
1 607
-
accident

We are using the highest rate at 1.1%.

191
-
384
-
total
4 250
-
20 523
-
Employer
17 361
-
154 647
-
pensions

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

1 913
-
3 849
-
accident

We are using the highest rate at 1.1%.

191
-
384
-
health
1 198
-
2 410
-
unemployment
104
-
210
-
total
3 406
-
6 853
-
Corporate
140 732
161 500
-
-
income
14 073
16 150
-
-
total
14 073
16 150
-
-
Dividends
126 659
145 350
-
-
withholding
6 333
7 267
-
-
total
6 333
7 267
-
-
Income
161 500
161 500
161 500
161 500
Total tax
28 062
23 417
27 376
33 552
After tax
133 438
138 083
134 124
127 948
Living cost
13 111
13 111
13 111
13 111
Free-cash
120 327
124 972
121 013
114 837

Estimated living cost  is ₽13111 per week

₽7655
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽936
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽347
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4173
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽34737
₽43875
₽26815
₽24299
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
161 500
health
-
-
-
12 329
income
-
-
-
47 280
pensions
-
-
-
11 714
total
-
-
-
71 323
Employee
92 693
85 378
142 920
-
income

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

13 975
13 975
19 562
-
pensions
11 714
11 714
11 714
-
health
11 564
11 147
12 329
-
total
37 253
36 836
43 605
-
Employer
92 693
85 378
142 920
-
pensions
6 451
5 942
7 386
-
health
6 441
5 935
7 375
-
unemployment
3 337
3 074
3 819
-
total
16 229
14 951
18 580
-
Corporate
52 578
61 172
-
-
income
10 515
12 234
-
-
total
10 515
12 234
-
-
Dividends
42 063
48 938
-
-
withholding
6 310
7 341
-
-
income
8 938
10 399
-
-
total
15 248
17 740
-
-
Income
161 500
161 500
161 500
161 500
Total tax
79 245
81 761
62 185
71 323
After tax
82 255
79 739
99 315
90 177
Living cost
55 440
55 440
55 440
55 440
Free-cash
26 815
24 299
43 875
34 737

Estimated living cost  is ₽55440 per week

₽40896
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4952
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽636
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8957
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽65359
₽58432
₽78614
₽87180
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
161 500
social contributions
-
-
-
34 554
health
-
-
-
21 802
income
-
-
-
15 772
solidarity contribution
-
-
-
-
total
-
-
-
72 128
Employee
35 313
-
121 024
-
income
4 238
-
14 549
-
solidarity contribution
-
-
-
-
social contributions
2 295
-
7 692
-
health
4 767
-
16 338
-
total
11 300
-
38 579
-
Employer
35 313
-
121 024
-
health
3 178
-
10 892
-
social contributions
8 828
-
29 584
-
total
12 006
-
40 476
-
Corporate
114 180
161 500
-
-
income
21 694
30 685
-
-
total
21 694
30 685
-
-
Dividends
92 486
130 815
-
-
withholding
13 873
19 622
-
-
total
13 873
19 622
-
-
Income
161 500
161 500
161 500
161 500
Total tax
58 873
50 307
79 055
72 128
After tax
102 627
111 193
82 445
89 372
Living cost
24 013
24 013
24 013
24 013
Free-cash
78 614
87 180
58 432
65 359

Estimated living cost  is ₽24013 per week

₽16680
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1708
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽472
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5153
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Brno model

Close
Milan , Italy
₽35853
₽28556
₽38760
₽43979
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
161 500
social contributions
-
-
-
41 537
municipal
-
-
-
960
national
-
-
-
39 073
regional
-
-
-
1 890
total
-
-
-
83 460
Employee
88 855
-
161 500
-
national
15 396
-
33 775
-
social contributions
29 962
-
54 458
-
municipal
471
-
856
-
regional
838
-
1 668
-
total
46 667
-
90 757
-
Employer
88 855
-
161 500
-
total
-
-
-
-
Corporate
72 645
161 500
-
-
nationa
17 434
38 760
-
-
municipal
2 833
6 299
-
-
total
20 267
45 059
-
-
Dividends
52 378
116 441
-
-
withholding
13 619
30 275
-
-
total
13 619
30 275
-
-
Income
161 500
161 500
161 500
161 500
Total tax
80 553
75 334
90 757
83 460
After tax
80 947
86 166
70 743
78 040
Living cost
42 187
42 187
42 187
42 187
Free-cash
38 760
43 979
28 556
35 853

Estimated living cost  is ₽42187 per week

₽29408
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2766
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽647
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9365
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽54556
₽48274
₽76411
₽79521
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
161 500
other
-
-
-
-
unemployment
-
-
-
228
health
-
-
-
9 473
income
-
-
-
42 260
surtax
-
-
-
6 234
pensions
-
-
-
26 687
total
-
-
-
84 882
Employee
33 062
-
133 415
-
income
5 542
-
36 284
-
pensions
2 205
-
8 898
-
unemployment
2 301
-
9 285
-
health
844
-
3 402
-
other
-
-
-
-
surtax
108
-
5 212
-
total
11 000
-
63 081
-
Employer
33 062
-
133 415
-
pensions
4 407
-
17 783
-
other
-
-
-
-
health
1 505
-
6 071
-
unemployment
1 047
-
4 229
-
total
6 959
-
28 083
-
Corporate
121 478
161 500
-
-
income
31 584
41 991
-
-
total
31 584
41 991
-
-
Dividends
89 894
119 509
-
-
withholding
13 484
17 926
-
-
total
13 484
17 926
-
-
Income
161 500
161 500
161 500
161 500
Total tax
63 027
59 917
91 164
84 882
After tax
98 473
101 583
70 336
76 618
Living cost
22 062
22 062
22 062
22 062
Free-cash
76 411
79 521
48 274
54 556

Estimated living cost  is ₽22062 per week

₽13490
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2036
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽508
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6028
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽62317
₽47614
₽67136
₽61451
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
161 500
income
-
-
-
44 492
pensions
-
-
-
8 737
total
-
-
-
53 229
Employee
63 781
-
141 226
-
income
11 487
-
34 690
-
pensions
5 414
-
10 859
-
health
926
-
2 109
-
total
17 827
-
47 658
-
Employer
63 781
-
141 226
-
pensions
6 904
-
17 592
-
health
1 212
-
2 682
-
total
8 116
-
20 274
-
Corporate
89 603
161 500
-
-
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.

17 025
30 685
-
-
total
17 025
30 685
-
-
Dividends
72 578
130 815
-
-
withholding
5 442
23 410
-
-
total
5 442
23 410
-
-
Income
161 500
161 500
161 500
161 500
Total tax
48 410
54 095
67 932
53 229
After tax
113 090
107 405
93 568
108 271
Living cost
45 954
45 954
45 954
45 954
Free-cash
67 136
61 451
47 614
62 317

Estimated living cost  is ₽45954 per week

₽34429
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3444
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽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.
₽7600
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽55882
₽48115
₽30612
-₽1725
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
161 500
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.

-
-
-
3 230
health
-
-
-
363
city
-
-
-
1 702
national
-
-
-
2 265
regional
-
-
-
7 626
pensions
-
-
-
14 858
total
-
-
-
30 044
Employee
88 441
-
144 551
-
pensions
7 430
-
12 143
-
national
419
-
1 823
-
unemployment
-
-
-
-
city
949
-
1 553
-
health
200
-
326
-
regional
2 896
-
6 607
-
total
11 894
-
22 452
-
Employer
88 441
-
144 551
-
pensions
7 430
-
12 143
-
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.

1 768
-
2 890
-
health
200
-
326
-
unemployment
-
-
-
-
total
9 398
-
15 359
-
Corporate
62 688
161 500
-
-
regional
13 259
34 158
-
-
national
5 328
13 727
-
-
total
18 587
47 885
-
-
Dividends
44 101
113 615
-
-
withholding
15 435
39 766
-
-
total
15 435
39 766
-
-
Income
161 500
161 500
161 500
161 500
Total tax
55 314
87 651
37 811
30 044
After tax
106 186
73 849
123 689
131 456
Living cost
75 574
75 574
75 574
75 574
Free-cash
30 612
-1 725
48 115
55 882

Estimated living cost  is ₽75574 per week

₽49145
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽6782
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽928
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽18719
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽38186
₽57912
₽50231
₽34017
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
161 500
trade
-
-
-
19 726
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.

-
-
-
6 830
income

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

-
-
-
48 301
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.

-
-
-
2 656
total
-
-
-
77 513
Employee

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

60 085
-
161 500
-
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.

389
-
2 656
-
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.

7 065
-
48 301
-
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.

6 830
-
6 830
-
total
14 284
-
57 787
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
101 415
161 500
-
-
trade
17 392
27 697
-
-
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.

837
1 332
-
-
income
15 212
24 224
-
-
chamber of commerce
294
379
-
-
total
33 735
53 632
-
-
Dividends
67 679
107 868
-
-
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.

909
1 463
-
-
withholding
16 540
26 587
-
-
total
17 449
28 050
-
-
Income
161 500
161 500
161 500
161 500
Total tax
65 468
81 682
57 787
77 513
After tax
96 032
79 818
103 713
83 987
Living cost
45 801
45 801
45 801
45 801
Free-cash
50 231
34 017
57 912
38 186

Estimated living cost  is ₽45801 per week

₽33451
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3664
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽596
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8092
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽57039
₽56171
₽53098
₽47191
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
161 500
other
-
-
-
5 007
social contributions
-
-
-
4 601
health
-
-
-
6 373
income
-
-
-
24 084
surtax
-
-
-
-
pensions
-
-
-
30 190
total
-
-
-
70 255
Employee
42 789
-
125 958
-
income
2 525
-
23 636
-
pensions
4 838
-
8 358
-
social contributions
1 220
-
3 588
-
surtax
-
-
-
-
total
8 583
-
35 582
-
Employer
42 789
-
125 958
-
pensions
7 029
-
14 139
-
other
1 476
-
4 742
-
health
2 996
-
11 180
-
unemployment
1 732
-
5 102
-
social contributions
129
-
378
-
total
13 362
-
35 541
-
Corporate
105 348
161 500
-
-
surtax
-
-
-
-
income
29 497
45 220
-
-
total
29 497
45 220
-
-
Dividends
75 851
116 280
-
-
surtax
-
-
-
-
social contributions
13 046
19 999
-
-
withholding
9 708
14 884
-
-
total
22 754
34 883
-
-
Income
161 500
161 500
161 500
161 500
Total tax
74 196
80 103
71 123
70 255
After tax
87 304
81 397
90 377
91 245
Living cost
34 206
34 206
34 206
34 206
Free-cash
53 098
47 191
56 171
57 039

Estimated living cost  is ₽34206 per week

₽21568
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2781
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽582
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9276
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽60428
₽59560
₽56136
₽50580
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
161 500
other
-
-
-
5 007
social contributions
-
-
-
4 601
health
-
-
-
6 373
income
-
-
-
24 084
surtax
-
-
-
-
pensions
-
-
-
30 190
total
-
-
-
70 255
Employee
38 195
-
125 958
-
income
1 969
-
23 636
-
pensions
4 320
-
8 358
-
social contributions
1 089
-
3 588
-
surtax
-
-
-
-
total
7 378
-
35 582
-
Employer
38 195
-
125 958
-
pensions
6 276
-
14 139
-
other
1 319
-
4 742
-
health
2 673
-
11 180
-
unemployment
1 546
-
5 102
-
social contributions
114
-
378
-
total
11 928
-
35 541
-
Corporate
111 376
161 500
-
-
surtax
-
-
-
-
income
31 186
45 220
-
-
total
31 186
45 220
-
-
Dividends
80 191
116 280
-
-
surtax
-
-
-
-
social contributions
13 791
19 999
-
-
withholding
10 264
14 884
-
-
total
24 055
34 883
-
-
Income
161 500
161 500
161 500
161 500
Total tax
74 547
80 103
71 123
70 255
After tax
86 953
81 397
90 377
91 245
Living cost
30 817
30 817
30 817
30 817
Free-cash
56 136
50 580
59 560
60 428

Estimated living cost  is ₽30817 per week

₽17872
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3131
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.
₽9230
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽82515
₽79614
₽77846
₽77331
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
161 500
social contributions
-
-
-
22 287
health
-
-
-
11 274
income
-
-
-
24 224
total
-
-
-
57 785
Employee
33 899
-
161 500
-
income
5 654
-
27 125
-
social contributions
4 679
-
22 287
-
health
2 366
-
11 274
-
total
12 699
-
60 686
-
Employer
33 899
-
161 500
-
total
-
-
-
-
Corporate
127 601
161 500
-
-
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%.

6 381
8 075
-
-
total
6 381
8 075
-
-
Dividends
121 221
153 425
-
-
social contributions
16 728
21 172
-
-
health
8 462
10 708
-
-
withholding
18 184
23 014
-
-
total
43 374
54 894
-
-
Income
161 500
161 500
161 500
161 500
Total tax
62 454
62 969
60 686
57 785
After tax
99 046
98 531
100 814
103 715
Living cost
21 200
21 200
21 200
21 200
Free-cash
77 846
77 331
79 614
82 515

Estimated living cost  is ₽21200 per week

₽14188
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1307
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽488
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5216
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽47622
₽7299
₽52723
₽54272
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
161 500
chamber of commerce
-
-
-
645
unemployment
-
-
-
6 132
health
-
-
-
8 934
income
-
-
-
41 133
surtax
-
-
-
197
pensions
-
-
-
21 608
total
-
-
-
78 649
Employee
49 965
39 843
126 947
-
income
5 688
2 939
32 481
-
pensions
5 117
4 079
11 960
-
unemployment
1 499
1 195
3 504
-
health
1 933
1 542
4 519
-
other
499
398
1 169
-
total
14 736
10 153
53 633
-
Employer
49 965
39 843
126 947
-
pensions
6 271
5 001
14 658
-
other
2 373
1 892
5 942
-
accident
649
518
1 518
-
health
1 888
1 506
4 415
-
payroll
1 499
1 195
3 808
-
chamber of commerce
199
159
508
-
unemployment
1 499
1 195
3 504
-
surtax
197
197
197
-
total
14 575
11 663
34 550
-
Corporate
96 960
109 993
123 154
-
income

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

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

24 240
27 497
30 789
-
total
24 240
27 497
30 789
-
Dividends
72 721
82 495
-
-
withholding
19 997
22 686
-
-
total
19 997
22 686
-
-
Income
161 500
161 500
161 500
161 500
Total tax
73 548
71 999
118 972
78 649
After tax
87 952
89 501
42 528
82 851
Living cost
35 229
35 229
35 229
35 229
Free-cash
52 723
54 272
7 299
47 622

Estimated living cost  is ₽35229 per week

₽23496
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3005
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽579
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8149
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽33470
₽21221
₽38902
₽53900
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
161 500
social contributions
-
-
-
24 926
communal

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

-
-
-
8 194
national
-
-
-
58 457
total
-
-
-
91 577
Employee

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

71 515
-
125 089
-
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.

5 364
-
9 382
-
national
21 987
-
44 539
-
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.

622
-
1 089
-
communal

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

3 730
-
6 525
-
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.

3 360
-
5 880
-
total
35 063
-
67 415
-
Employer

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

71 515
-
125 089
-
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.

6 337
-
11 082
-
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.

930
-
1 626
-
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.

4 398
-
7 692
-
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.

1 044
-
1 827
-
surtax
8 109
-
14 184
-
total
20 818
-
36 411
-
Corporate
69 168
161 500
-
-
surtax
277
645
-
-
income
13 833
32 299
-
-
total
14 110
32 944
-
-
Dividends
55 058
128 556
-
-
withholding

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

16 153
38 202
-
-
total
16 153
38 202
-
-
Income
161 500
161 500
161 500
161 500
Total tax
86 144
71 146
103 826
91 577
After tax
75 356
90 354
57 674
69 923
Living cost
36 454
36 454
36 454
36 454
Free-cash
38 902
53 900
21 221
33 470

Estimated living cost  is ₽36454 per week

₽23481
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3187
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.
₽9215
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽54691
₽50496
₽64602
₽71722
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
161 500
other
-
-
-
93
unemployment
-
-
-
649
accident
-
-
-
835
income
-
-
-
42 902
pensions
-
-
-
26 224
total
-
-
-
70 703
Employee
49 767
-
131 957
-
income
10 501
-
39 470
-
pensions
2 339
-
4 356
-
unemployment
772
-
1 436
-
other
49
-
93
-
total
13 661
-
45 355
-
Employer
49 767
-
131 957
-
pensions
11 744
-
21 870
-
other
397
-
742
-
accident
985
-
1 835
-
unemployment
2 738
-
5 096
-
total
15 864
-
29 543
-
Corporate
95 870
161 500
-
-
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.

14 381
24 224
-
-
total
14 381
24 224
-
-
Dividends
81 489
137 276
-
-
withholding
16 886
29 448
-
-
total
16 886
29 448
-
-
Income
161 500
161 500
161 500
161 500
Total tax
60 792
53 672
74 898
70 703
After tax
100 708
107 828
86 602
90 797
Living cost
36 106
36 106
36 106
36 106
Free-cash
64 602
71 722
50 496
54 691

Estimated living cost  is ₽36106 per week

₽26588
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2561
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽520
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6436
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽27149
₽33589
₽28936
₽41020
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
161 500
accident
-
-
-
1 362
health
-
-
-
11 348
income
-
-
-
24 888
communal
-
-
-
10 207
surtax
-
-
-
8 007
pensions
-
-
-
24 207
total
-
-
-
80 019
Employee
75 713
-
144 261
-
income
7 313
-
29 538
-
pensions
6 056
-
11 541
-
health
3 370
-
6 420
-
surtax
4 641
-
8 841
-
total
21 380
-
56 340
-
Employer
75 713
-
144 261
-
pensions
6 056
-
11 541
-
accident
681
-
1 298
-
health
2 309
-
4 400
-
total
9 046
-
17 239
-
Corporate
76 741
161 500
-
-
communal
5 180
10 902
-
-
surtax
806
1 696
-
-
income
11 511
24 224
-
-
total
17 497
36 822
-
-
Dividends
59 244
124 678
-
-
withholding
8 887
18 701
-
-
income
21 422
10 625
-
-
total
30 309
29 326
-
-
Income
161 500
161 500
161 500
161 500
Total tax
78 232
66 148
73 579
80 019
After tax
83 268
95 352
87 921
81 481
Living cost
54 332
54 332
54 332
54 332
Free-cash
28 936
41 020
33 589
27 149

Estimated living cost  is ₽54332 per week

₽40757
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3292
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽575
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9706
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽54162
₽47880
₽75950
₽79127
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
161 500
other
-
-
-
-
unemployment
-
-
-
228
health
-
-
-
9 473
income
-
-
-
42 260
surtax
-
-
-
6 234
pensions
-
-
-
26 687
total
-
-
-
84 882
Employee
33 669
-
133 415
-
income
5 644
-
36 284
-
pensions
2 246
-
8 898
-
unemployment
2 343
-
9 285
-
health
859
-
3 402
-
other
-
-
-
-
surtax
120
-
5 212
-
total
11 212
-
63 081
-
Employer
33 669
-
133 415
-
pensions
4 489
-
17 783
-
other
-
-
-
-
health
1 531
-
6 071
-
unemployment
1 068
-
4 229
-
total
7 088
-
28 083
-
Corporate
120 743
161 500
-
-
income
31 392
41 991
-
-
total
31 392
41 991
-
-
Dividends
89 350
119 509
-
-
withholding
13 402
17 926
-
-
total
13 402
17 926
-
-
Income
161 500
161 500
161 500
161 500
Total tax
63 094
59 917
91 164
84 882
After tax
98 406
101 583
70 336
76 618
Living cost
22 456
22 456
22 456
22 456
Free-cash
75 950
79 127
47 880
54 162

Estimated living cost  is ₽22456 per week

₽13558
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1952
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽522
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6426
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽50563
₽43306
₽55735
₽57956
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
161 500
social contributions
-
-
-
41 537
municipal
-
-
-
960
national
-
-
-
39 073
regional
-
-
-
2 435
total
-
-
-
84 005
Employee
55 460
-
161 500
-
national
8 786
-
33 775
-
social contributions
18 701
-
54 458
-
municipal
294
-
856
-
regional
747
-
2 173
-
total
28 528
-
91 262
-
Employer
55 460
-
161 500
-
total
-
-
-
-
Corporate
106 040
161 500
-
-
nationa
25 450
38 760
-
-
municipal
5 271
8 027
-
-
total
30 721
46 787
-
-
Dividends
75 320
114 713
-
-
withholding
19 584
29 825
-
-
total
19 584
29 825
-
-
Income
161 500
161 500
161 500
161 500
Total tax
78 833
76 612
91 262
84 005
After tax
82 667
84 888
70 238
77 495
Living cost
26 932
26 932
26 932
26 932
Free-cash
55 735
57 956
43 306
50 563

Estimated living cost  is ₽26932 per week

₽16749
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2728
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.
₽6993
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽59782
₽52855
₽71046
₽81603
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
161 500
social contributions
-
-
-
34 554
health
-
-
-
21 802
income
-
-
-
15 772
solidarity contribution
-
-
-
-
total
-
-
-
72 128
Employee
43 515
-
121 024
-
income
5 222
-
14 549
-
solidarity contribution
-
-
-
-
social contributions
2 828
-
7 692
-
health
5 875
-
16 338
-
total
13 925
-
38 579
-
Employer
43 515
-
121 024
-
health
3 916
-
10 892
-
social contributions
10 879
-
29 584
-
total
14 795
-
40 476
-
Corporate
103 190
161 500
-
-
income
19 606
30 685
-
-
total
19 606
30 685
-
-
Dividends
83 584
130 815
-
-
withholding
12 538
19 622
-
-
total
12 538
19 622
-
-
Income
161 500
161 500
161 500
161 500
Total tax
60 864
50 307
79 055
72 128
After tax
100 636
111 193
82 445
89 372
Living cost
29 590
29 590
29 590
29 590
Free-cash
71 046
81 603
52 855
59 782

Estimated living cost  is ₽29590 per week

₽22005
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1639
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽512
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5434
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽51151
₽10690
₽57212
₽57709
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
161 500
chamber of commerce
-
-
-
645
unemployment
-
-
-
6 132
health
-
-
-
8 934
income
-
-
-
41 133
surtax
-
-
-
-
pensions
-
-
-
21 608
total
-
-
-
78 452
Employee
43 704
39 843
127 133
-
income
3 893
2 939
32 559
-
pensions
4 476
4 079
11 960
-
unemployment
1 311
1 195
3 504
-
health
1 690
1 542
4 519
-
other
436
398
1 169
-
total
11 806
10 153
53 711
-
Employer
43 704
39 843
127 133
-
pensions
5 485
5 001
14 658
-
other
2 076
1 892
5 950
-
accident
567
518
1 518
-
health
1 653
1 506
4 415
-
payroll
1 311
1 195
3 814
-
chamber of commerce
175
159
508
-
unemployment
1 311
1 195
3 504
-
surtax
-
-
-
-
total
12 578
11 466
34 367
-
Corporate
105 219
110 190
123 338
-
income

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

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

26 306
27 547
30 835
-
total
26 306
27 547
30 835
-
Dividends
78 914
82 643
-
-
withholding
21 701
22 728
-
-
total
21 701
22 728
-
-
Income
161 500
161 500
161 500
161 500
Total tax
72 391
71 894
118 913
78 452
After tax
89 109
89 606
42 587
83 048
Living cost
31 897
31 897
31 897
31 897
Free-cash
57 212
57 709
10 690
51 151

Estimated living cost  is ₽31897 per week

₽19134
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3258
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽569
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8936
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽145843
₽115158
₽136749
₽139383
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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%.

-
-
-
161 500
microenterprise

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

-
-
-
1 615
total
-
-
-
1 615
Employee
17 552
-
161 500
-
income
3 511
-
32 300
-
total
3 511
-
32 300
-
Employer
-
-
-
-
total
-
-
-
-
Corporate

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

143 948
161 500
-
-
total
-
-
-
-
Dividends
143 948
161 500
-
-
withholding
7 198
8 075
-
-
total
7 198
8 075
-
-
Income
161 500
161 500
161 500
161 500
Total tax
10 709
8 075
32 300
1 615
After tax
150 791
153 425
129 200
159 885
Living cost
14 042
14 042
14 042
14 042
Free-cash
136 749
139 383
115 158
145 843

Estimated living cost  is ₽14042 per week

₽9502
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽589
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.
₽3479
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽52803
₽48527
₽76015
₽84376
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
161 500
unemployment
-
-
-
243
health
-
-
-
15 892
income
-
-
-
36 253
pensions
-
-
-
29 493
total
-
-
-
81 881
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.

44 211
-
139 742
-
income
7 624
-
33 519
-
pensions
6 853
-
21 659
-
unemployment
63
-
195
-
health
2 855
-
9 027
-
total
17 395
-
64 400
-
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.

44 211
-
139 742
-
pensions
3 912
-
12 366
-
health
2 945
-
9 308
-
unemployment
27
-
83
-
total
6 884
-
21 757
-
Corporate
110 406
161 500
-
-
income
20 976
30 685
-
-
total
20 976
30 685
-
-
Dividends
89 430
130 815
-
-
withholding
13 414
19 622
-
-
total
13 414
19 622
-
-
Income
161 500
161 500
161 500
161 500
Total tax
58 669
50 307
86 157
81 881
After tax
102 831
111 193
75 343
79 619
Living cost
26 816
26 816
26 816
26 816
Free-cash
76 015
84 376
48 527
52 803

Estimated living cost  is ₽26816 per week

₽18404
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.
₽520
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6176
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽68560
₽105326
₽7750
₽55208
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
161 500
social contributions
-
-
-
18 411
income
-
-
-
31 480
total
-
-
-
49 891
Employee
61 727
-
-
-
income
13 616
-
-
-
social contributions
5 062
-
721
-
total
18 678
-
721
-
Employer
61 727
-
-
-
social contributions
87 035
-
12 404
-
total
87 035
-
12 404
-
Corporate
12 738
161 500
-
-
income
2 802
35 530
-
-
total
2 802
35 530
-
-
Dividends
9 936
125 970
-
-
income
2 186
27 713
-
-
total
2 186
27 713
-
-
Income
161 500
161 500
161 500
161 500
Total tax
110 701
63 243
13 125
49 891
After tax
50 799
98 257
148 375
111 609
Living cost
43 049
43 049
43 049
43 049
Free-cash
7 750
55 208
105 326
68 560

Estimated living cost  is ₽43049 per week

₽27932
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4049
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽549
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10520
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽55674
₽43826
₽59495
₽60500
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
161 500
social contributions

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

-
-
-
56 122
income
-
-
-
18 344
surtax
-
-
-
-
total
-
-
-
74 466
Employee
45 982
-
130 504
-
income
9 564
-
40 965
-
social contributions
5 058
-
14 355
-
surtax
-
-
-
-
total
14 622
-
55 320
-
Employer
45 982
-
130 504
-
social contributions
10 921
-
30 994
-
total
10 921
-
30 994
-
Corporate
104 597
161 500
-
-
surtax
-
-
-
-
income
21 965
33 916
-
-
total
21 965
33 916
-
-
Dividends
82 632
127 584
-
-
withholding
23 137
35 724
-
-
total
23 137
35 724
-
-
Income
161 500
161 500
161 500
161 500
Total tax
70 645
69 640
86 314
74 466
After tax
90 855
91 860
75 186
87 034
Living cost
31 360
31 360
31 360
31 360
Free-cash
59 495
60 500
43 826
55 674

Estimated living cost  is ₽31360 per week

₽23464
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1850
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽524
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5523
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽42957
₽42089
₽39979
₽33109
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
161 500
other
-
-
-
5 007
social contributions
-
-
-
4 601
health
-
-
-
6 373
income
-
-
-
24 084
surtax
-
-
-
-
pensions
-
-
-
30 190
total
-
-
-
70 255
Employee
62 618
-
125 958
-
income
5 464
-
23 636
-
pensions
7 083
-
8 358
-
social contributions
1 783
-
3 588
-
surtax
-
-
-
-
total
14 330
-
35 582
-
Employer
62 618
-
125 958
-
pensions
10 289
-
14 139
-
other
2 161
-
4 742
-
health
4 383
-
11 180
-
unemployment
2 537
-
5 102
-
social contributions
188
-
378
-
total
19 558
-
35 541
-
Corporate
79 324
161 500
-
-
surtax
-
-
-
-
income
22 211
45 220
-
-
total
22 211
45 220
-
-
Dividends
57 113
116 280
-
-
surtax
-
-
-
-
social contributions
9 824
19 999
-
-
withholding
7 310
14 884
-
-
total
17 134
34 883
-
-
Income
161 500
161 500
161 500
161 500
Total tax
73 233
80 103
71 123
70 255
After tax
88 267
81 397
90 377
91 245
Living cost
48 288
48 288
48 288
48 288
Free-cash
39 979
33 109
42 089
42 957

Estimated living cost  is ₽48288 per week

₽32681
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3950
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽662
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10995
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽89392
₽93683
₽111939
₽115297
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
161 500
social contributions
-
-
-
35 530
income
-
-
-
6 525
total
-
-
-
42 055
Employee
32 142
-
139 827
-
social contributions
2 089
-
9 088
-
income
-
-
7 003
-
total
2 089
-
16 091
-
Employer
32 142
-
139 827
-
social contributions
4 982
-
21 673
-
total
4 982
-
21 673
-
Corporate
124 376
161 500
-
-
income
12 437
16 150
-
-
total
12 437
16 150
-
-
Dividends
111 939
145 350
-
-
total
-
-
-
-
Income
161 500
161 500
161 500
161 500
Total tax
19 508
16 150
37 764
42 055
After tax
141 992
145 350
123 736
119 445
Living cost
30 053
30 053
30 053
30 053
Free-cash
111 939
115 297
93 683
89 392

Estimated living cost  is ₽30053 per week

₽19432
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2265
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.
₽7790
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽47927
-₽56425
-₽56425
-₽56425
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
161 500
municipal
-
-
-
33 205
national
-
-
-
18 479
labour market
-
-
-
12 851
pensions
-
-
-
867
total
-
-
-
65 402
Employee
203 317
203 317
203 317
-
labour market
16 242
16 242
16 242
-
pensions
289
289
289
-
national
24 839
24 839
24 839
-
municipal
43 295
43 295
43 295
-
total
84 665
84 665
84 665
-
Employer
203 317
203 317
203 317
-
pensions
578
578
578
-
municipal
43 364
43 364
43 364
-
national
24 882
24 882
24 882
-
labour market
16 265
16 265
16 265
-
total
85 089
85 089
85 089
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
161 500
161 500
161 500
161 500
Total tax
169 754
169 754
169 754
65 402
After tax
-8 254
-8 254
-8 254
96 098
Living cost
48 171
48 171
48 171
48 171
Free-cash
-56 425
-56 425
-56 425
47 927

Estimated living cost  is ₽48171 per week

₽32969
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4261
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽741
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10200
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽88861
₽65642
₽9770
-₽8510
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
161 500
other
-
-
-
369
accident
-
-
-
252
health
-
-
-
2 172
income
-
-
-
44 110
pensions
-
-
-
4 145
total
-
-
-
51 048
Employee
33 964
-
144 570
-
income
4 659
-
33 184
-
pensions
3 825
-
7 600
-
health
3 889
-
16 553
-
total
12 373
-
57 337
-
Employer
33 964
-
144 570
-
pensions
5 522
-
10 974
-
accident
567
-
2 414
-
unemployment
832
-
3 542
-
total
6 921
-
16 930
-
Corporate
120 614
161 500
-
-
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.

108 553
145 350
-
-
total
108 553
145 350
-
-
Dividends
12 062
16 150
-
-
withholding
2 292
3 069
-
-
total
2 292
3 069
-
-
Income
161 500
161 500
161 500
161 500
Total tax
130 139
148 419
74 267
51 048
After tax
31 361
13 081
87 233
110 452
Living cost
21 591
21 591
21 591
21 591
Free-cash
9 770
-8 510
65 642
88 861

Estimated living cost  is ₽21591 per week

₽15716
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1231
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽405
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4239
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽67905
₽47267
₽65886
₽63724
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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

-
-
-
161 500
municipal
-
-
-
28 698
health
-
-
-
2 070
national
-
-
-
24 443
total
-
-
-
55 211
Employee
52 601
-
135 864
-
pensions
3 550
-
9 171
-
national
869
-
15 193
-
municipal
8 616
-
22 136
-
unemployment
789
-
2 038
-
health
393
-
1 675
-
total
14 217
-
50 213
-
Employer
52 601
-
135 864
-
pensions
9 126
-
23 572
-
accident
53
-
137
-
health
404
-
1 045
-
unemployment
342
-
882
-
total
9 925
-
25 636
-
Corporate
98 975
161 500
-
-
income
19 794
32 299
-
-
total
19 794
32 299
-
-
Dividends

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

59 385
96 901
-
-
municipal
10 689
17 442
-
-
national
2 605
9 651
-
-
total
13 294
27 093
-
-
Income
161 500
161 500
161 500
161 500
Total tax
57 230
59 392
75 849
55 211
After tax
104 270
102 108
85 651
106 289
Living cost
38 384
38 384
38 384
38 384
Free-cash
65 886
63 724
47 267
67 905

Estimated living cost  is ₽38384 per week

₽25073
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3692
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽611
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9010
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽87968
₽86508
₽89272
₽94714
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
161 500
social contributions
-
-
-
16 176
health
-
-
-
4 119
income
-
-
-
30 089
total
-
-
-
50 384
Employee
76 879
76 879
150 116
-
income
8 371
7 117
29 302
-
social contributions
2 907
6 381
8 606
-
health
596
1 307
2 552
-
total
11 874
14 805
40 460
-
Employer
76 879
76 879
150 116
-
health
647
1 423
2 778
-
social contributions
2 907
6 381
8 606
-
total
3 554
7 804
11 384
-
Corporate
122 925
76 818
-
-
income
15 366
9 602
-
-
total
15 366
9 602
-
-
Dividends
107 559
67 216
-
-
withholding
18 286
11 427
-
-
total
18 286
11 427
-
-
Income
161 500
161 500
161 500
161 500
Total tax
49 080
43 638
51 844
50 384
After tax
112 420
117 862
109 656
111 116
Living cost
23 148
23 148
23 148
23 148
Free-cash
89 272
94 714
86 508
87 968

Estimated living cost  is ₽23148 per week

₽13873
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2271
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽512
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6492
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽119309
₽99255
₽112778
₽117865
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
161 500
unemployment
-
-
-
28
health
-
-
-
3 618
income
-
-
-
16 311
pensions
-
-
-
6 360
total
-
-
-
26 317
Employee

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

22 948
-
151 729
-
income
1 569
-
13 833
-
pensions
3 442
-
14 230
-
unemployment
114
-
474
-
health
1 950
-
8 063
-
total
7 075
-
36 600
-
Employer

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

22 948
-
151 729
-
pensions
1 262
-
5 218
-
health
987
-
4 079
-
unemployment
114
-
474
-
total
2 363
-
9 771
-
Corporate
136 189
161 500
-
-
income
12 256
14 535
-
-
total
12 256
14 535
-
-
Dividends
123 933
146 965
-
-
withholding
11 154
13 226
-
-
total
11 154
13 226
-
-
Income
161 500
161 500
161 500
161 500
Total tax
32 848
27 761
46 371
26 317
After tax
128 652
133 739
115 129
135 183
Living cost
15 874
15 874
15 874
15 874
Free-cash
112 778
117 865
99 255
119 309

Estimated living cost  is ₽15874 per week

₽10128
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1144
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽472
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4128
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽63304
₽59109
₽75917
₽80335
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
161 500
other
-
-
-
93
unemployment
-
-
-
649
accident
-
-
-
835
income
-
-
-
42 902
pensions
-
-
-
26 224
total
-
-
-
70 703
Employee
36 968
-
131 957
-
income
7 127
-
39 470
-
pensions
1 738
-
4 356
-
unemployment
573
-
1 436
-
other
36
-
93
-
total
9 474
-
45 355
-
Employer
36 968
-
131 957
-
pensions
8 724
-
21 870
-
other
296
-
742
-
accident
732
-
1 835
-
unemployment
2 034
-
5 096
-
total
11 786
-
29 543
-
Corporate
112 746
161 500
-
-
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.

16 912
24 224
-
-
total
16 912
24 224
-
-
Dividends
95 834
137 276
-
-
withholding
19 918
29 448
-
-
total
19 918
29 448
-
-
Income
161 500
161 500
161 500
161 500
Total tax
58 090
53 672
74 898
70 703
After tax
103 410
107 828
86 602
90 797
Living cost
27 493
27 493
27 493
27 493
Free-cash
75 917
80 335
59 109
63 304

Estimated living cost  is ₽27493 per week

₽18557
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2643
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽482
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5811
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽100629
₽100433
₽97588
₽98038
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
161 500
health
-
-
-
1 448
income
-
-
-
54 688
pensions
-
-
-
1 997
total
-
-
-
58 133
Employee
4 171
-
159 253
-
income
807
-
54 583
-
pensions
375
-
899
-
unemployment
42
-
100
-
health
209
-
499
-
total
1 433
-
56 081
-
Employer
4 171
-
159 253
-
pensions
459
-
1 099
-
health
396
-
949
-
unemployment
83
-
200
-
total
938
-
2 248
-
Corporate
156 391
161 500
-
-
income
34 406
35 530
-
-
total
34 406
35 530
-
-
Dividends
121 985
125 970
-
-
withholding
24 397
25 194
-
-
total
24 397
25 194
-
-
Income
161 500
161 500
161 500
161 500
Total tax
61 174
60 724
58 329
58 133
After tax
100 326
100 776
103 171
103 367
Living cost
2 738
2 738
2 738
2 738
Free-cash
97 588
98 038
100 433
100 629

Estimated living cost  is ₽2738 per week

₽1627
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽222
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.
₽826
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽80075
₽80075
₽94471
₽99391
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
161 500
unemployment
-
-
-
1 108
health
-
-
-
7 612
income
-
-
-
36 198
pensions
-
-
-
19 214
total
-
-
-
64 132
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.

26 076
-
148 272
-
income
3 594
-
36 198
-
pensions
3 651
-
10 346
-
unemployment
196
-
554
-
health
1 343
-
3 806
-
total
8 784
-
50 904
-
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.

26 076
-
148 272
-
pensions
3 129
-
8 868
-
health
1 343
-
3 806
-
unemployment
196
-
554
-
total
4 668
-
13 228
-
Corporate
130 756
161 500
-
-
income
19 613
24 225
-
-
total
19 613
24 225
-
-
Dividends
111 143
137 275
-
-
withholding
16 671
20 591
-
-
total
16 671
20 591
-
-
Income
161 500
161 500
161 500
161 500
Total tax
49 736
44 816
64 132
64 132
After tax
111 764
116 684
97 368
97 368
Living cost
17 293
17 293
17 293
17 293
Free-cash
94 471
99 391
80 075
80 075

Estimated living cost  is ₽17293 per week

₽11643
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1338
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.
₽3811
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽60081
₽48232
₽64548
₽64907
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
161 500
social contributions

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

-
-
-
56 122
income
-
-
-
18 344
surtax
-
-
-
-
total
-
-
-
74 466
Employee
38 804
-
130 504
-
income
7 582
-
40 965
-
social contributions
4 269
-
14 355
-
surtax
-
-
-
-
total
11 851
-
55 320
-
Employer
38 804
-
130 504
-
social contributions
9 215
-
30 994
-
total
9 215
-
30 994
-
Corporate
113 481
161 500
-
-
surtax
-
-
-
-
income
23 832
33 916
-
-
total
23 832
33 916
-
-
Dividends
89 649
127 584
-
-
withholding
25 101
35 724
-
-
total
25 101
35 724
-
-
Income
161 500
161 500
161 500
161 500
Total tax
69 999
69 640
86 314
74 466
After tax
91 501
91 860
75 186
87 034
Living cost
26 954
26 954
26 954
26 954
Free-cash
64 548
64 907
48 232
60 081

Estimated living cost  is ₽26954 per week

₽19090
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1873
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽478
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5513
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽55660
₽51465
₽65913
₽72691
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
161 500
other
-
-
-
93
unemployment
-
-
-
649
accident
-
-
-
835
income
-
-
-
42 902
pensions
-
-
-
26 224
total
-
-
-
70 703
Employee
48 285
-
131 957
-
income
10 085
-
39 470
-
pensions
2 269
-
4 356
-
unemployment
748
-
1 436
-
other
47
-
93
-
total
13 149
-
45 355
-
Employer
48 285
-
131 957
-
pensions
11 395
-
21 870
-
other
387
-
742
-
accident
956
-
1 835
-
unemployment
2 656
-
5 096
-
total
15 394
-
29 543
-
Corporate
97 820
161 500
-
-
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.

14 674
24 224
-
-
total
14 674
24 224
-
-
Dividends
83 147
137 276
-
-
withholding
17 233
29 448
-
-
total
17 233
29 448
-
-
Income
161 500
161 500
161 500
161 500
Total tax
60 450
53 672
74 898
70 703
After tax
101 050
107 828
86 602
90 797
Living cost
35 137
35 137
35 137
35 137
Free-cash
65 913
72 691
51 465
55 660

Estimated living cost  is ₽35137 per week

₽25234
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2732
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽495
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6677
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽110745
₽116921
₽114786
₽120880
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
161 500
unemployment
-
-
-
140
health
-
-
-
4 017
income
-
-
-
24 225
pensions

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

-
-
-
5 170
total
-
-
-
33 552
Employee
22 779
-
154 647
-
income
2 278
-
15 465
-
pensions

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

2 000
-
3 067
-
health
1 048
-
1 607
-
accident

We are using the highest rate at 1.1%.

250
-
384
-
total
5 576
-
20 523
-
Employer
22 779
-
154 647
-
pensions

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

2 510
-
3 849
-
accident

We are using the highest rate at 1.1%.

250
-
384
-
health
1 572
-
2 410
-
unemployment
137
-
210
-
total
4 469
-
6 853
-
Corporate
134 252
161 500
-
-
income
13 425
16 150
-
-
total
13 425
16 150
-
-
Dividends
120 827
145 350
-
-
withholding
6 041
7 267
-
-
total
6 041
7 267
-
-
Income
161 500
161 500
161 500
161 500
Total tax
29 511
23 417
27 376
33 552
After tax
131 989
138 083
134 124
127 948
Living cost
17 203
17 203
17 203
17 203
Free-cash
114 786
120 880
116 921
110 745

Estimated living cost  is ₽17203 per week

₽11378
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽985
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽410
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4430
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽48610
₽65114
₽57621
₽44542
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
161 500
trade
-
-
-
16 504
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.

-
-
-
6 830
income

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

-
-
-
48 301
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.

-
-
-
2 656
total
-
-
-
74 291
Employee

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

49 746
-
161 500
-
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.

226
-
2 656
-
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.

4 091
-
48 301
-
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.

6 830
-
6 830
-
total
11 147
-
57 787
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
111 754
161 500
-
-
trade
16 036
23 175
-
-
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.

922
1 332
-
-
income
16 762
24 224
-
-
chamber of commerce
315
389
-
-
total
34 035
49 120
-
-
Dividends
77 719
112 379
-
-
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.

1 047
1 524
-
-
withholding
19 051
27 715
-
-
total
20 098
29 239
-
-
Income
161 500
161 500
161 500
161 500
Total tax
65 280
78 359
57 787
74 291
After tax
96 220
83 141
103 713
87 209
Living cost
38 599
38 599
38 599
38 599
Free-cash
57 621
44 542
65 114
48 610

Estimated living cost  is ₽38599 per week

₽26626
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4153
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽560
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7259
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽29866
₽29866
₽58305
₽56099
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
161 500
social contributions
-
-
-
26 607
income
-
-
-
48 075
total
-
-
-
74 682
Employee
78 205
-
161 500
-
social contributions
6 497
-
26 607
-
income
14 757
-
48 075
-
total
21 254
-
74 682
-
Employer
78 205
-
161 500
-
total
-
-
-
-
Corporate
83 295
161 500
-
-
income
10 412
20 187
-
-
total
10 412
20 187
-
-
Dividends
72 882
141 313
-
-
withholding
14 577
28 262
-
-
total
14 577
28 262
-
-
Income
161 500
161 500
161 500
161 500
Total tax
46 243
48 449
74 682
74 682
After tax
115 257
113 051
86 818
86 818
Living cost
56 952
56 952
56 952
56 952
Free-cash
58 305
56 099
29 866
29 866

Estimated living cost  is ₽56952 per week

₽43328
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4641
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽545
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8439
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

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
₽90072
₽79429
₽66895
₽63400
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
161 500
health

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

-
-
-
6 677
income
-
-
-
28 459
total
-
-
-
35 136
Employee
45 864
-
156 901
-
social contributions
4 595
-
4 599
-
income
4 977
-
36 581
-
total
9 572
-
41 180
-
Employer
45 864
-
156 901
-
social contributions
4 595
-
4 599
-
total
4 595
-
4 599
-
Corporate
111 041
161 500
-
-
income
38 864
56 526
-
-
total
38 864
56 526
-
-
Dividends
72 177
104 974
-
-
social contributions
5 282
5 282
-
-
total
5 282
5 282
-
-
Income
161 500
161 500
161 500
161 500
Total tax
58 313
61 808
45 779
35 136
After tax
103 187
99 692
115 721
126 364
Living cost
36 292
36 292
36 292
36 292
Free-cash
66 895
63 400
79 429
90 072

Estimated living cost  is ₽36292 per week

₽23906
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2861
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽556
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8968
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽70912
₽56209
₽76001
₽70046
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
161 500
income
-
-
-
44 492
pensions
-
-
-
8 737
total
-
-
-
53 229
Employee
51 281
-
141 226
-
income
9 339
-
34 690
-
pensions
3 914
-
10 859
-
health
669
-
2 109
-
total
13 922
-
47 658
-
Employer
51 281
-
141 226
-
pensions
5 181
-
17 592
-
health
975
-
2 682
-
total
6 156
-
20 274
-
Corporate
104 063
161 500
-
-
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.

19 772
30 685
-
-
total
19 772
30 685
-
-
Dividends
84 292
130 815
-
-
withholding
8 290
23 410
-
-
total
8 290
23 410
-
-
Income
161 500
161 500
161 500
161 500
Total tax
48 140
54 095
67 932
53 229
After tax
113 360
107 405
93 568
108 271
Living cost
37 359
37 359
37 359
37 359
Free-cash
76 001
70 046
56 209
70 912

Estimated living cost  is ₽37359 per week

₽25628
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3436
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽467
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7826
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽86724
₽63505
₽9442
-₽10647
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
161 500
other
-
-
-
369
accident
-
-
-
252
health
-
-
-
2 172
income
-
-
-
44 110
pensions
-
-
-
4 145
total
-
-
-
51 048
Employee
37 326
-
144 570
-
income
5 121
-
33 184
-
pensions
4 203
-
7 600
-
health
4 274
-
16 553
-
total
13 598
-
57 337
-
Employer
37 326
-
144 570
-
pensions
6 069
-
10 974
-
accident
623
-
2 414
-
unemployment
914
-
3 542
-
total
7 606
-
16 930
-
Corporate
116 568
161 500
-
-
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.

104 911
145 350
-
-
total
104 911
145 350
-
-
Dividends
11 657
16 150
-
-
withholding
2 215
3 069
-
-
total
2 215
3 069
-
-
Income
161 500
161 500
161 500
161 500
Total tax
128 330
148 419
74 267
51 048
After tax
33 170
13 081
87 233
110 452
Living cost
23 728
23 728
23 728
23 728
Free-cash
9 442
-10 647
63 505
86 724

Estimated living cost  is ₽23728 per week

₽17414
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1383
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽478
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4454
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽77636
₽99613
₽117725
₽122401
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
161 500
work injury
-
-
-
799
unemployment
-
-
-
1 918
income
-
-
-
26 407
health insurance
-
-
-
11 828
pensions
-
-
-
29 411
total
-
-
-
70 363
Employee

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

21 601
-
161 500
-
income
2 160
-
26 407
-
work injury
108
-
400
-
pensions
3 975
-
14 706
-
unemployment
259
-
959
-
health insurance
1 598
-
5 914
-
total
8 100
-
48 386
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
139 899
161 500
-
-
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%.

1 399
1 615
-
-
total
1 399
1 615
-
-
Dividends
138 500
159 885
-
-
withholding
20 775
23 983
-
-
total
20 775
23 983
-
-
Income
161 500
161 500
161 500
161 500
Total tax
30 274
25 598
48 386
70 363
After tax
131 226
135 902
113 114
91 137
Living cost
13 501
13 501
13 501
13 501
Free-cash
117 725
122 401
99 613
77 636

Estimated living cost  is ₽13501 per week

₽8364
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽981
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽421
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3735
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽36297
₽29208
₽40691
₽45238
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
161 500
social contributions
-
-
-
41 537
municipal
-
-
-
1 080
national
-
-
-
39 073
regional
-
-
-
3 684
total
-
-
-
85 374
Employee
84 248
-
161 500
-
national
14 237
-
33 775
-
social contributions
28 408
-
54 458
-
municipal
503
-
964
-
regional
1 272
-
3 266
-
total
44 420
-
92 463
-
Employer
84 248
-
161 500
-
total
-
-
-
-
Corporate
77 252
161 500
-
-
nationa
18 540
38 760
-
-
municipal
3 724
7 785
-
-
total
22 264
46 545
-
-
Dividends
54 987
114 956
-
-
withholding
14 296
29 888
-
-
total
14 296
29 888
-
-
Income
161 500
161 500
161 500
161 500
Total tax
80 980
76 433
92 463
85 374
After tax
80 520
85 067
69 037
76 126
Living cost
39 829
39 829
39 829
39 829
Free-cash
40 691
45 238
29 208
36 297

Estimated living cost  is ₽39829 per week

₽27977
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2740
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.
₽8509
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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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