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
₽ 162000
per

Your estimated
City
free-cash

Dresden , Germany
₽63397
₽52858
₽74483
₽55944
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
162 000
trade
-
-
-
18 539
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.

-
-
-
49 429
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.

-
-
-
6 509
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.

-
-
-
2 719
total
-
-
-
77 196
Employee

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

36 443
-
162 000
-
surtax

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

56
-
2 719
-
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.

6 509
-
6 509
-
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.

1 018
-
49 429
-
total
7 583
-
58 657
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
125 557
162 000
-
-
trade
19 775
25 514
-
-
income
18 833
24 299
-
-
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.

1 036
1 336
-
-
chamber of commerce
325
378
-
-
total
39 969
51 527
-
-
Dividends
85 587
110 472
-
-
withholding
21 034
27 256
-
-
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.

1 157
1 499
-
-
total
22 191
28 755
-
-
Income
162 000
162 000
162 000
162 000
Total tax
69 743
80 282
58 657
77 196
After tax
92 257
81 718
103 343
84 804
Living cost
28 860
28 860
28 860
28 860
Free-cash
63 397
52 858
74 483
55 944

Estimated living cost  is ₽28860 per week

₽18154
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3365
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽539
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6802
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽51183
₽52000
₽47909
₽46638
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
162 000
social contributions
-
-
-
1 742
pensions
-
-
-
19 440
municipal
-
-
-
17 686
national
-
-
-
27 406
total
-
-
-
66 274
Employee
76 095
-
140 048
-
national
14 565
-
28 378
-
municipal
9 399
-
18 313
-
pensions
3 044
-
5 602
-
total
27 008
-
52 293
-
Employer
76 095
-
140 048
-
pensions
6 088
-
11 204
-
social contributions
818
-
1 506
-
total
6 906
-
12 710
-
Corporate
73 977
162 000
-
-
income

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

14 795
32 400
-
-
total
14 795
32 400
-
-
Dividends
59 182
129 600
-
-
withholding
13 020
28 512
-
-
total
13 020
28 512
-
-
Income
162 000
162 000
162 000
162 000
Total tax
61 729
60 912
65 003
66 274
After tax
100 271
101 088
96 997
95 726
Living cost
49 088
49 088
49 088
49 088
Free-cash
51 183
52 000
47 909
46 638

Estimated living cost  is ₽49088 per week

₽33364
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4563
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽735
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10426
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽101962
₽109778
₽47459
₽35581
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
162 000
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.

-
-
-
36 506
income
-
-
-
28 781
microenterprise
-
-
-
-
surtax
-
-
-
41 310
total
-
-
-
106 597
Employee
27 841
-
121 301
-
surtax
-
-
17 589
-
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.

3 063
-
12 490
-
income
4 956
-
23 941
-
total
8 019
-
54 020
-
Employer
27 841
-
121 301
-
social contributions

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

6 706
-
27 355
-
surtax
-
-
13 344
-
total
6 706
-
40 699
-
Corporate
127 452
162 000
-
-
income

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

25 491
32 400
-
-
total
25 491
32 400
-
-
Dividends

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

101 961
129 600
-
-
total
-
-
-
-
Income
162 000
162 000
162 000
162 000
Total tax
40 216
32 400
94 719
106 597
After tax
121 784
129 600
67 281
55 403
Living cost
19 822
19 822
19 822
19 822
Free-cash
101 962
109 778
47 459
35 581

Estimated living cost  is ₽19822 per week

₽12646
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1888
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽450
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4839
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽34367
₽40204
₽60667
₽49930
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
162 000
income
-
-
-
49 244
pensions
-
-
-
11 163
health
-
-
-
11 749
total
-
-
-
72 156
Employee
81 365
81 365
144 293
-
health
12 489
10 623
11 749
-
pensions
14 646
11 163
11 163
-
income

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

13 318
13 318
20 800
-
total
40 453
35 104
43 712
-
Employer
81 365
81 365
144 293
-
pensions
5 663
5 663
7 039
-
unemployment
2 929
2 929
3 640
-
health
5 656
5 656
7 028
-
total
14 248
14 248
17 707
-
Corporate
67 385
66 387
-
-
income
13 478
13 277
-
-
total
13 478
13 277
-
-
Dividends
53 907
53 110
-
-
withholding
8 086
7 967
-
-
income
11 454
11 286
-
-
total
19 540
19 253
-
-
Income
162 000
162 000
162 000
162 000
Total tax
87 719
81 882
61 419
72 156
After tax
74 281
80 118
100 581
89 844
Living cost
39 914
39 914
39 914
39 914
Free-cash
34 367
40 204
60 667
49 930

Estimated living cost  is ₽39914 per week

₽28286
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3598
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽635
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7395
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽47567
₽48463
₽43123
₽44093
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
162 000
other
-
-
-
10 184
unemployment
-
-
-
88
pensions
-
-
-
9 474
municipal
-
-
-
40 737
accident
-
-
-
175
national
-
-
-
11 791
health
-
-
-
5 469
total
-
-
-
77 918
Employee
56 980
-
134 463
-
national
-
-
11 254
-
municipal
16 991
-
40 097
-
total
16 991
-
51 351
-
Employer
56 980
-
134 463
-
other
6 621
-
10 184
-
accident
114
-
175
-
pensions
6 159
-
9 474
-
unemployment
1 504
-
2 314
-
health
3 504
-
5 390
-
total
17 902
-
27 537
-
Corporate
87 117
162 000
-
-
income
19 166
35 640
-
-
total
19 166
35 640
-
-
Dividends
67 951
126 360
-
-
withholding
20 385
37 908
-
-
total
20 385
37 908
-
-
Income
162 000
162 000
162 000
162 000
Total tax
74 444
73 548
78 888
77 918
After tax
87 556
88 452
83 112
84 082
Living cost
39 989
39 989
39 989
39 989
Free-cash
47 567
48 463
43 123
44 093

Estimated living cost  is ₽39989 per week

₽26503
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3924
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽607
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8955
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽56843
₽43454
₽65913
₽46552
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
162 000
trade
-
-
-
19 361
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.

-
-
-
49 429
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.

-
-
-
6 509
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.

-
-
-
2 719
total
-
-
-
78 018
Employee

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

48 319
-
162 000
-
surtax

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

228
-
2 719
-
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.

6 509
-
6 509
-
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.

4 151
-
49 429
-
total
10 888
-
58 657
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
113 681
162 000
-
-
trade
18 701
26 650
-
-
income
17 052
24 299
-
-
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.

938
1 336
-
-
chamber of commerce
306
374
-
-
total
36 997
52 659
-
-
Dividends
76 684
109 340
-
-
withholding
18 808
26 974
-
-
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.

1 034
1 483
-
-
total
19 842
28 457
-
-
Income
162 000
162 000
162 000
162 000
Total tax
67 727
81 116
58 657
78 018
After tax
94 273
80 884
103 343
83 982
Living cost
37 430
37 430
37 430
37 430
Free-cash
56 843
43 454
65 913
46 552

Estimated living cost  is ₽37430 per week

₽25033
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3947
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽559
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7891
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽83343
₽87295
₽78672
₽80114
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
162 000
social contributions
-
-
-
15 416
income
-
-
-
31 434
health
-
-
-
4 132
total
-
-
-
50 982
Employee
73 266
73 266
151 005
-
health
729
1 246
2 568
-
social contributions
3 560
6 081
8 202
-
income
7 694
6 782
30 658
-
total
11 983
14 109
41 428
-
Employer
73 266
73 266
151 005
-
social contributions
3 560
6 081
8 202
-
health
794
1 356
2 794
-
total
4 354
7 437
10 996
-
Corporate
114 760
81 297
-
-
income
14 346
10 162
-
-
total
14 346
10 162
-
-
Dividends
100 414
71 136
-
-
withholding
17 070
12 093
-
-
total
17 070
12 093
-
-
Income
162 000
162 000
162 000
162 000
Total tax
47 753
43 801
52 424
50 982
After tax
114 247
118 199
109 576
111 018
Living cost
30 904
30 904
30 904
30 904
Free-cash
83 343
87 295
78 672
80 114

Estimated living cost  is ₽30904 per week

₽21126
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2414
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽519
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6846
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽73669
₽73299
₽76189
₽94502
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
162 000
unemployment
-
-
-
2 430
income
-
-
-
19 804
pensions
-
-
-
16 200
health
-
-
-
11 340
total
-
-
-
49 774
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.

25 584
10 182
135 565
-
unemployment
384
153
2 033
-
health
1 791
713
9 490
-
pensions
2 558
1 018
13 556
-
income
3 128
1 245
16 573
-
total
7 861
3 129
41 652
-
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.

25 584
10 182
135 565
-
pensions
4 989
1 986
26 435
-
total
4 989
1 986
26 435
-
Corporate
131 427
149 832
-
-
income
11 828
13 485
-
-
total
11 828
13 485
-
-
Dividends
119 598
136 347
-
-
withholding
22 724
25 906
-
-
social contributions
23 205
26 471
-
-
total
45 929
52 377
-
-
Income
162 000
162 000
162 000
162 000
Total tax
70 607
70 977
68 087
49 774
After tax
91 393
91 023
93 913
112 226
Living cost
17 724
17 724
17 724
17 724
Free-cash
73 669
73 299
76 189
94 502

Estimated living cost  is ₽17724 per week

₽12095
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1450
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽354
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3825
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽100667
₽106586
₽70363
₽63819
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
162 000
income
-
-
-
21 708
pensions
-
-
-
32 400
health
-
-
-
21 059
total
-
-
-
75 167
Employee
27 030
-
121 075
-
unemployment
432
-
1 936
-
pensions
541
-
2 421
-
income
3 043
-
23 343
-
total
4 016
-
27 700
-
Employer
27 030
-
121 075
-
pensions
5 406
-
24 214
-
unemployment
217
-
969
-
health
3 513
-
15 740
-
total
9 136
-
40 923
-
Corporate
125 834
162 000
-
-
income
25 167
32 400
-
-
total
25 167
32 400
-
-
Dividends
100 667
129 600
-
-
total
-
-
-
-
Income
162 000
162 000
162 000
162 000
Total tax
38 319
32 400
68 623
75 167
After tax
123 681
129 600
93 377
86 833
Living cost
23 014
23 014
23 014
23 014
Free-cash
100 667
106 586
70 363
63 819

Estimated living cost  is ₽23014 per week

₽15785
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1371
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽463
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5395
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽9832
-₽8324
₽66208
₽89333
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
162 000
other
-
-
-
361
income
-
-
-
44 432
pensions
-
-
-
4 056
accident
-
-
-
246
health
-
-
-
2 126
total
-
-
-
51 221
Employee
33 735
-
145 275
-
health
3 863
-
16 634
-
pensions
3 799
-
7 437
-
income
4 628
-
33 550
-
total
12 290
-
57 621
-
Employer
33 735
-
145 275
-
accident
563
-
2 426
-
pensions
5 486
-
10 740
-
unemployment
826
-
3 559
-
total
6 875
-
16 725
-
Corporate
121 390
162 000
-
-
income

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

109 251
145 800
-
-
total
109 251
145 800
-
-
Dividends
12 139
16 200
-
-
withholding
2 306
3 078
-
-
total
2 306
3 078
-
-
Income
162 000
162 000
162 000
162 000
Total tax
130 722
148 878
74 346
51 221
After tax
31 278
13 122
87 654
110 779
Living cost
21 446
21 446
21 446
21 446
Free-cash
9 832
-8 324
66 208
89 333

Estimated living cost  is ₽21446 per week

₽15718
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1188
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽448
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4092
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽144585
₽146056
₽121756
₽152536
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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%.

-
-
-
162 000
microenterprise

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

-
-
-
1 620
total
-
-
-
1 620
Employee
9 805
-
162 000
-
income
1 961
-
32 400
-
total
1 961
-
32 400
-
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%.

152 195
162 000
-
-
total
-
-
-
-
Dividends
152 195
162 000
-
-
withholding
7 610
8 100
-
-
total
7 610
8 100
-
-
Income
162 000
162 000
162 000
162 000
Total tax
9 571
8 100
32 400
1 620
After tax
152 429
153 900
129 600
160 380
Living cost
7 844
7 844
7 844
7 844
Free-cash
144 585
146 056
121 756
152 536

Estimated living cost  is ₽7844 per week

₽4861
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽652
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽216
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2115
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽87198
₽93633
₽66564
₽64121
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
162 000
other
-
-
-
6 882
income
-
-
-
24 460
pensions

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

-
-
-
34 774
health
-
-
-
6 375
total
-
-
-
72 491
Employee
34 595
-
129 392
-
unemployment
345
-
1 295
-
health
485
-
1 812
-
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.

2 421
-
9 057
-
income
5 956
-
25 276
-
total
9 207
-
37 440
-
Employer
34 595
-
129 392
-
other
1 730
-
6 469
-
accident
277
-
1 034
-
pensions

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

5 882
-
21 998
-
unemployment
345
-
1 295
-
health
485
-
1 812
-
total
8 719
-
32 608
-
Corporate
118 686
162 000
-
-
income
24 925
34 020
-
-
total
24 925
34 020
-
-
Dividends
93 761
127 980
-
-
withholding
6 563
8 959
-
-
total
6 563
8 959
-
-
Income
162 000
162 000
162 000
162 000
Total tax
49 414
42 979
70 048
72 491
After tax
112 586
119 021
91 952
89 509
Living cost
25 388
25 388
25 388
25 388
Free-cash
87 198
93 633
66 564
64 121

Estimated living cost  is ₽25388 per week

₽17938
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1714
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽409
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5327
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽45125
₽43280
₽29824
₽44512
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
162 000
income
-
-
-
45 807
pensions
-
-
-
8 419
total
-
-
-
54 226
Employee
89 506
-
141 560
-
health
1 475
-
2 071
-
pensions
8 635
-
10 387
-
income
16 134
-
36 016
-
total
26 244
-
48 474
-
Employer
89 506
-
141 560
-
pensions
10 568
-
17 751
-
health
1 700
-
2 689
-
total
12 268
-
20 440
-
Corporate
60 226
162 000
-
-
income

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

11 443
30 779
-
-
total
11 443
30 779
-
-
Dividends
48 783
131 221
-
-
withholding
3 658
24 679
-
-
total
3 658
24 679
-
-
Income
162 000
162 000
162 000
162 000
Total tax
53 613
55 458
68 914
54 226
After tax
108 387
106 542
93 086
107 774
Living cost
63 262
63 262
63 262
63 262
Free-cash
45 125
43 280
29 824
44 512

Estimated living cost  is ₽63262 per week

₽47403
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽7433
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽515
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7912
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽121512
₽125959
₽122503
₽116221
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
162 000
unemployment
-
-
-
134
income
-
-
-
24 300
pensions

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

-
-
-
4 949
health
-
-
-
3 845
total
-
-
-
33 228
Employee
16 619
-
155 440
-
accident

We are using the highest rate at 1.1%.

183
-
368
-
health
764
-
1 538
-
pensions

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

1 459
-
2 936
-
income
1 662
-
15 544
-
total
4 068
-
20 386
-
Employer
16 619
-
155 440
-
accident

We are using the highest rate at 1.1%.

183
-
368
-
pensions

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

1 832
-
3 684
-
unemployment
99
-
201
-
health
1 147
-
2 307
-
total
3 261
-
6 560
-
Corporate
142 120
162 000
-
-
income
14 212
16 200
-
-
total
14 212
16 200
-
-
Dividends
127 908
145 800
-
-
withholding
6 396
7 290
-
-
total
6 396
7 290
-
-
Income
162 000
162 000
162 000
162 000
Total tax
27 937
23 490
26 946
33 228
After tax
134 063
138 510
135 054
128 772
Living cost
12 551
12 551
12 551
12 551
Free-cash
121 512
125 959
122 503
116 221

Estimated living cost  is ₽12551 per week

₽7327
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽896
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽333
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3995
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽29682
₽27284
₽47747
₽37010
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
162 000
income
-
-
-
49 244
pensions
-
-
-
11 163
health
-
-
-
11 749
total
-
-
-
72 156
Employee
88 337
81 365
144 293
-
health
11 020
10 623
11 749
-
pensions
11 163
11 163
11 163
-
income

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

13 318
13 318
20 800
-
total
35 501
35 104
43 712
-
Employer
88 337
81 365
144 293
-
pensions
6 148
5 663
7 039
-
unemployment
3 180
2 929
3 640
-
health
6 139
5 656
7 028
-
total
15 467
14 248
17 707
-
Corporate
58 197
66 387
-
-
income
11 639
13 277
-
-
total
11 639
13 277
-
-
Dividends
46 558
53 110
-
-
withholding
6 983
7 967
-
-
income
9 894
11 286
-
-
total
16 877
19 253
-
-
Income
162 000
162 000
162 000
162 000
Total tax
79 484
81 882
61 419
72 156
After tax
82 516
80 118
100 581
89 844
Living cost
52 834
52 834
52 834
52 834
Free-cash
29 682
27 284
47 747
37 010

Estimated living cost  is ₽52834 per week

₽38974
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4719
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽606
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8536
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽79370
₽87828
₽59409
₽66403
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
162 000
social contributions
-
-
-
34 116
income
-
-
-
15 902
health
-
-
-
21 870
solidarity contribution
-
-
-
-
total
-
-
-
71 888
Employee
34 866
-
121 826
-
solidarity contribution
-
-
-
-
health
4 707
-
16 447
-
social contributions
2 266
-
7 594
-
income
4 184
-
14 668
-
total
11 157
-
38 709
-
Employer
34 866
-
121 826
-
social contributions
8 717
-
29 209
-
health
3 138
-
10 964
-
total
11 855
-
40 173
-
Corporate
115 279
162 000
-
-
income
21 903
30 780
-
-
total
21 903
30 780
-
-
Dividends
93 376
131 220
-
-
withholding
14 006
19 683
-
-
total
14 006
19 683
-
-
Income
162 000
162 000
162 000
162 000
Total tax
58 921
50 463
78 882
71 888
After tax
103 079
111 537
83 118
90 112
Living cost
23 709
23 709
23 709
23 709
Free-cash
79 370
87 828
59 409
66 403

Estimated living cost  is ₽23709 per week

₽16469
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1687
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽466
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5088
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽41254
₽46228
₽30242
₽37562
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
162 000
regional
-
-
-
1 906
social contributions
-
-
-
41 666
municipal
-
-
-
962
national
-
-
-
39 699
total
-
-
-
84 233
Employee
84 679
-
162 000
-
national
14 673
-
34 385
-
regional
799
-
1 682
-
municipal
448
-
859
-
social contributions
28 554
-
54 627
-
total
44 474
-
91 553
-
Employer
84 679
-
162 000
-
total
-
-
-
-
Corporate
77 321
162 000
-
-
nationa
18 557
38 880
-
-
municipal
3 016
6 318
-
-
total
21 573
45 198
-
-
Dividends
55 748
116 802
-
-
withholding
14 494
30 369
-
-
total
14 494
30 369
-
-
Income
162 000
162 000
162 000
162 000
Total tax
80 541
75 567
91 553
84 233
After tax
81 459
86 433
70 447
77 767
Living cost
40 205
40 205
40 205
40 205
Free-cash
41 254
46 228
30 242
37 562

Estimated living cost  is ₽40205 per week

₽28026
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2636
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽617
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8925
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽77907
₽80873
₽49844
₽55711
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
162 000
other
-
-
-
-
unemployment
-
-
-
217
income
-
-
-
43 916
pensions
-
-
-
25 433
health
-
-
-
9 028
surtax
-
-
-
6 670
total
-
-
-
85 264
Employee
31 509
-
135 233
-
surtax
103
-
5 573
-
unemployment
2 193
-
8 851
-
other
-
-
-
-
health
805
-
3 242
-
pensions
2 101
-
8 482
-
income
5 282
-
38 216
-
total
10 484
-
64 364
-
Employer
31 509
-
135 233
-
other
-
-
-
-
pensions
4 200
-
16 951
-
unemployment
998
-
4 030
-
health
1 434
-
5 786
-
total
6 632
-
26 767
-
Corporate
123 859
162 000
-
-
income
32 203
42 120
-
-
total
32 203
42 120
-
-
Dividends
91 657
119 880
-
-
withholding
13 749
17 982
-
-
total
13 749
17 982
-
-
Income
162 000
162 000
162 000
162 000
Total tax
63 068
60 102
91 131
85 264
After tax
98 932
101 898
70 869
76 736
Living cost
21 025
21 025
21 025
21 025
Free-cash
77 907
80 873
49 844
55 711

Estimated living cost  is ₽21025 per week

₽12856
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1940
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽485
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5744
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽69571
₽63323
₽49867
₽64555
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
162 000
income
-
-
-
45 807
pensions
-
-
-
8 419
total
-
-
-
54 226
Employee
59 984
-
141 560
-
health
871
-
2 071
-
pensions
5 091
-
10 387
-
income
10 803
-
36 016
-
total
16 765
-
48 474
-
Employer
59 984
-
141 560
-
pensions
6 493
-
17 751
-
health
1 140
-
2 689
-
total
7 633
-
20 440
-
Corporate
94 383
162 000
-
-
income

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

17 932
30 779
-
-
total
17 932
30 779
-
-
Dividends
76 451
131 221
-
-
withholding
6 880
24 679
-
-
total
6 880
24 679
-
-
Income
162 000
162 000
162 000
162 000
Total tax
49 210
55 458
68 914
54 226
After tax
112 790
106 542
93 086
107 774
Living cost
43 219
43 219
43 219
43 219
Free-cash
69 571
63 323
49 867
64 555

Estimated living cost  is ₽43219 per week

₽32379
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3239
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽452
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7147
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽30834
-₽1505
₽48472
₽56244
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
162 000
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.

-
-
-
3 240
city
-
-
-
1 708
regional
-
-
-
7 664
pensions
-
-
-
14 903
national
-
-
-
2 291
health
-
-
-
365
total
-
-
-
30 171
Employee
88 454
-
144 998
-
national
419
-
1 835
-
unemployment
-
-
-
-
city
949
-
1 557
-
regional
2 896
-
6 639
-
health
200
-
326
-
pensions
7 431
-
12 180
-
total
11 895
-
22 537
-
Employer
88 454
-
144 998
-
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.

1 769
-
2 900
-
pensions
7 431
-
12 180
-
unemployment
-
-
-
-
health
200
-
326
-
total
9 400
-
15 406
-
Corporate
63 173
162 000
-
-
regional
13 362
34 262
-
-
national
5 370
13 770
-
-
total
18 732
48 032
-
-
Dividends
44 441
113 968
-
-
withholding
15 554
39 888
-
-
total
15 554
39 888
-
-
Income
162 000
162 000
162 000
162 000
Total tax
55 581
87 920
37 943
30 171
After tax
106 419
74 080
124 057
131 829
Living cost
75 585
75 585
75 585
75 585
Free-cash
30 834
-1 505
48 472
56 244

Estimated living cost  is ₽75585 per week

₽49152
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽6783
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.
₽18722
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽51851
₽36403
₽59695
₽39509
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
162 000
trade
-
-
-
20 186
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.

-
-
-
49 429
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.

-
-
-
6 509
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.

-
-
-
2 719
total
-
-
-
78 843
Employee

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

57 262
-
162 000
-
surtax

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

371
-
2 719
-
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.

6 509
-
6 509
-
income

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

6 733
-
49 429
-
total
13 613
-
58 657
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
104 738
162 000
-
-
trade
17 962
27 784
-
-
income
15 711
24 299
-
-
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.

864
1 336
-
-
chamber of commerce
293
372
-
-
total
34 830
53 791
-
-
Dividends
69 909
108 208
-
-
withholding
17 116
26 690
-
-
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.

942
1 468
-
-
total
18 058
28 158
-
-
Income
162 000
162 000
162 000
162 000
Total tax
66 501
81 949
58 657
78 843
After tax
95 499
80 051
103 343
83 157
Living cost
43 648
43 648
43 648
43 648
Free-cash
51 851
36 403
59 695
39 509

Estimated living cost  is ₽43648 per week

₽31879
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3491
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽568
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7712
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽54676
₽49048
₽57065
₽58787
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
162 000
other
-
-
-
5 021
social contributions
-
-
-
4 616
income
-
-
-
24 865
pensions
-
-
-
29 444
health
-
-
-
6 668
surtax
-
-
-
-
total
-
-
-
70 614
Employee
40 778
-
125 856
-
surtax
-
-
-
-
pensions
4 611
-
8 552
-
social contributions
1 163
-
3 586
-
income
2 407
-
24 053
-
total
8 181
-
36 191
-
Employer
40 778
-
125 856
-
other
1 407
-
4 825
-
pensions
6 699
-
14 435
-
unemployment
1 651
-
5 097
-
social contributions
123
-
378
-
health
2 855
-
11 410
-
total
12 735
-
36 145
-
Corporate
108 487
162 000
-
-
income
30 376
45 360
-
-
surtax
-
-
-
-
total
30 376
45 360
-
-
Dividends
78 111
116 640
-
-
withholding
9 999
14 930
-
-
social contributions
13 434
20 063
-
-
surtax
-
-
-
-
total
23 433
34 993
-
-
Income
162 000
162 000
162 000
162 000
Total tax
74 725
80 353
72 336
70 614
After tax
87 275
81 647
89 664
91 386
Living cost
32 599
32 599
32 599
32 599
Free-cash
54 676
49 048
57 065
58 787

Estimated living cost  is ₽32599 per week

₽20555
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2651
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽555
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8840
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽57571
₽52278
₽60295
₽62017
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
162 000
other
-
-
-
5 021
social contributions
-
-
-
4 616
income
-
-
-
24 865
pensions
-
-
-
29 444
health
-
-
-
6 668
surtax
-
-
-
-
total
-
-
-
70 614
Employee
36 401
-
125 856
-
surtax
-
-
-
-
pensions
4 117
-
8 552
-
social contributions
1 038
-
3 586
-
income
1 877
-
24 053
-
total
7 032
-
36 191
-
Employer
36 401
-
125 856
-
other
1 257
-
4 825
-
pensions
5 981
-
14 435
-
unemployment
1 474
-
5 097
-
social contributions
108
-
378
-
health
2 548
-
11 410
-
total
11 368
-
36 145
-
Corporate
114 232
162 000
-
-
income
31 986
45 360
-
-
surtax
-
-
-
-
total
31 986
45 360
-
-
Dividends
82 246
116 640
-
-
withholding
10 527
14 930
-
-
social contributions
14 147
20 063
-
-
surtax
-
-
-
-
total
24 674
34 993
-
-
Income
162 000
162 000
162 000
162 000
Total tax
75 060
80 353
72 336
70 614
After tax
86 940
81 647
89 664
91 386
Living cost
29 369
29 369
29 369
29 369
Free-cash
57 571
52 278
60 295
62 017

Estimated living cost  is ₽29369 per week

₽17032
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2983
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽557
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8797
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽79126
₽78632
₽80663
₽83833
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
162 000
social contributions
-
-
-
22 356
income
-
-
-
24 299
health
-
-
-
11 308
total
-
-
-
57 963
Employee
32 306
-
162 000
-
health
2 255
-
11 308
-
social contributions
4 459
-
22 356
-
income
5 388
-
27 469
-
total
12 102
-
61 133
-
Employer
32 306
-
162 000
-
total
-
-
-
-
Corporate
129 694
162 000
-
-
income

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

6 484
8 100
-
-
total
6 484
8 100
-
-
Dividends
123 210
153 900
-
-
health
8 599
10 742
-
-
withholding
18 481
23 084
-
-
social contributions
17 004
21 238
-
-
total
44 084
55 064
-
-
Income
162 000
162 000
162 000
162 000
Total tax
62 670
63 164
61 133
57 963
After tax
99 330
98 836
100 867
104 037
Living cost
20 204
20 204
20 204
20 204
Free-cash
79 126
78 632
80 663
83 833

Estimated living cost  is ₽20204 per week

₽13521
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1246
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽465
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4971
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽54644
₽56116
₽9443
₽49557
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
162 000
chamber of commerce
-
-
-
647
unemployment
-
-
-
5 844
income
-
-
-
43 084
pensions
-
-
-
20 593
health
-
-
-
8 514
surtax
-
-
-
188
total
-
-
-
78 870
Employee
47 617
37 971
128 523
-
unemployment
1 428
1 139
3 340
-
other
476
380
1 114
-
health
1 842
1 470
4 307
-
pensions
4 877
3 887
11 398
-
income
5 421
2 801
34 121
-
total
14 044
9 677
54 280
-
Employer
47 617
37 971
128 523
-
payroll
1 428
1 139
3 855
-
other
2 262
1 803
5 958
-
accident
618
494
1 446
-
pensions
5 976
4 766
13 970
-
unemployment
1 428
1 139
3 340
-
chamber of commerce
190
152
514
-
surtax
188
188
188
-
health
1 799
1 436
4 207
-
total
13 889
11 117
33 478
-
Corporate
100 493
112 913
124 906
-
income

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

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

25 124
28 228
31 226
-
total
25 124
28 228
31 226
-
Dividends
75 369
84 685
-
-
withholding
20 726
23 289
-
-
total
20 726
23 289
-
-
Income
162 000
162 000
162 000
162 000
Total tax
73 783
72 311
118 984
78 870
After tax
88 217
89 689
43 016
83 130
Living cost
33 573
33 573
33 573
33 573
Free-cash
54 644
56 116
9 443
49 557

Estimated living cost  is ₽33573 per week

₽22392
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2864
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽551
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7766
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽41584
₽55874
₽22620
₽35456
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
162 000
social contributions
-
-
-
23 755
national
-
-
-
59 755
communal

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

-
-
-
8 294
total
-
-
-
91 804
Employee

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

68 154
-
125 474
-
national
20 953
-
45 169
-
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.

593
-
1 092
-
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.

3 202
-
5 898
-
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.

5 112
-
9 411
-
communal

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

3 555
-
6 544
-
total
33 415
-
68 114
-
Employer

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

68 154
-
125 474
-
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.

886
-
1 631
-
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.

6 039
-
11 116
-
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.

994
-
1 832
-
surtax
7 728
-
14 230
-
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.

4 191
-
7 717
-
total
19 838
-
36 526
-
Corporate
74 007
162 000
-
-
income
14 801
32 400
-
-
surtax
297
647
-
-
total
15 098
33 047
-
-
Dividends
58 909
128 953
-
-
withholding

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

17 325
38 339
-
-
total
17 325
38 339
-
-
Income
162 000
162 000
162 000
162 000
Total tax
85 676
71 386
104 640
91 804
After tax
76 324
90 614
57 360
70 196
Living cost
34 740
34 740
34 740
34 740
Free-cash
41 584
55 874
22 620
35 456

Estimated living cost  is ₽34740 per week

₽22377
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3038
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽544
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8782
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽67000
₽73645
₽52572
₽56569
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
162 000
other
-
-
-
89
unemployment
-
-
-
618
income
-
-
-
44 526
pensions
-
-
-
24 992
accident
-
-
-
796
total
-
-
-
71 021
Employee
47 428
-
133 846
-
unemployment
736
-
1 369
-
other
47
-
89
-
pensions
2 229
-
4 151
-
income
10 007
-
41 255
-
total
13 019
-
46 864
-
Employer
47 428
-
133 846
-
other
378
-
707
-
accident
938
-
1 748
-
pensions
11 192
-
20 842
-
unemployment
2 609
-
4 857
-
total
15 117
-
28 154
-
Corporate
99 454
162 000
-
-
income

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

14 919
24 299
-
-
total
14 919
24 299
-
-
Dividends
84 535
137 701
-
-
withholding
17 535
29 646
-
-
total
17 535
29 646
-
-
Income
162 000
162 000
162 000
162 000
Total tax
60 590
53 945
75 018
71 021
After tax
101 410
108 055
86 982
90 979
Living cost
34 410
34 410
34 410
34 410
Free-cash
67 000
73 645
52 572
56 569

Estimated living cost  is ₽34410 per week

₽25339
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2441
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.
₽6133
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽31450
₽43358
₽35425
₽28968
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
162 000
income
-
-
-
25 955
pensions
-
-
-
24 281
accident
-
-
-
1 365
communal
-
-
-
10 238
health
-
-
-
11 382
surtax
-
-
-
8 032
total
-
-
-
81 253
Employee
72 155
-
144 707
-
surtax
4 423
-
8 869
-
health
3 211
-
6 439
-
pensions
5 772
-
11 577
-
income
6 969
-
30 618
-
total
20 375
-
57 503
-
Employer
72 155
-
144 707
-
accident
649
-
1 302
-
pensions
5 772
-
11 577
-
health
2 200
-
4 414
-
total
8 621
-
17 293
-
Corporate
81 224
162 000
-
-
income
12 183
24 299
-
-
communal
5 482
10 936
-
-
surtax
853
1 701
-
-
total
18 518
36 936
-
-
Dividends
62 705
125 064
-
-
withholding
9 406
18 759
-
-
income
21 851
11 168
-
-
total
31 257
29 927
-
-
Income
162 000
162 000
162 000
162 000
Total tax
78 771
66 863
74 796
81 253
After tax
83 229
95 137
87 204
80 747
Living cost
51 779
51 779
51 779
51 779
Free-cash
31 450
43 358
35 425
28 968

Estimated living cost  is ₽51779 per week

₽38842
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3137
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽548
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9250
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽77465
₽80497
₽49468
₽55335
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
162 000
other
-
-
-
-
unemployment
-
-
-
217
income
-
-
-
43 916
pensions
-
-
-
25 433
health
-
-
-
9 028
surtax
-
-
-
6 670
total
-
-
-
85 264
Employee
32 087
-
135 233
-
surtax
114
-
5 573
-
unemployment
2 233
-
8 851
-
other
-
-
-
-
health
819
-
3 242
-
pensions
2 141
-
8 482
-
income
5 379
-
38 216
-
total
10 686
-
64 364
-
Employer
32 087
-
135 233
-
other
-
-
-
-
pensions
4 278
-
16 951
-
unemployment
1 018
-
4 030
-
health
1 459
-
5 786
-
total
6 755
-
26 767
-
Corporate
123 158
162 000
-
-
income
32 022
42 120
-
-
total
32 022
42 120
-
-
Dividends
91 136
119 880
-
-
withholding
13 671
17 982
-
-
total
13 671
17 982
-
-
Income
162 000
162 000
162 000
162 000
Total tax
63 134
60 102
91 131
85 264
After tax
98 866
101 898
70 869
76 736
Living cost
21 401
21 401
21 401
21 401
Free-cash
77 465
80 497
49 468
55 335

Estimated living cost  is ₽21401 per week

₽12921
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1861
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽497
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6124
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽57370
₽59485
₽44283
₽51563
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
162 000
regional
-
-
-
2 444
social contributions
-
-
-
41 666
municipal
-
-
-
962
national
-
-
-
39 699
total
-
-
-
84 771
Employee
52 853
-
162 000
-
national
8 373
-
34 385
-
regional
711
-
2 180
-
municipal
280
-
859
-
social contributions
17 823
-
54 627
-
total
27 187
-
92 051
-
Employer
52 853
-
162 000
-
total
-
-
-
-
Corporate
109 147
162 000
-
-
nationa
26 196
38 880
-
-
municipal
5 424
8 052
-
-
total
31 620
46 932
-
-
Dividends
77 526
115 068
-
-
withholding
20 157
29 917
-
-
total
20 157
29 917
-
-
Income
162 000
162 000
162 000
162 000
Total tax
78 964
76 849
92 051
84 771
After tax
83 036
85 151
69 949
77 229
Living cost
25 666
25 666
25 666
25 666
Free-cash
57 370
59 485
44 283
51 563

Estimated living cost  is ₽25666 per week

₽15962
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2600
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽439
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6665
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽71898
₽82321
₽53902
₽60896
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
162 000
social contributions
-
-
-
34 116
income
-
-
-
15 902
health
-
-
-
21 870
solidarity contribution
-
-
-
-
total
-
-
-
71 888
Employee
42 964
-
121 826
-
solidarity contribution
-
-
-
-
health
5 800
-
16 447
-
social contributions
2 793
-
7 594
-
income
5 156
-
14 668
-
total
13 749
-
38 709
-
Employer
42 964
-
121 826
-
social contributions
10 741
-
29 209
-
health
3 867
-
10 964
-
total
14 608
-
40 173
-
Corporate
104 428
162 000
-
-
income
19 841
30 780
-
-
total
19 841
30 780
-
-
Dividends
84 587
131 220
-
-
withholding
12 688
19 683
-
-
total
12 688
19 683
-
-
Income
162 000
162 000
162 000
162 000
Total tax
60 886
50 463
78 882
71 888
After tax
101 114
111 537
83 118
90 112
Living cost
29 216
29 216
29 216
29 216
Free-cash
71 898
82 321
53 902
60 896

Estimated living cost  is ₽29216 per week

₽21727
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1618
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽505
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5365
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽58925
₽59394
₽12673
₽52920
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
162 000
chamber of commerce
-
-
-
647
unemployment
-
-
-
5 844
income
-
-
-
43 084
pensions
-
-
-
20 593
health
-
-
-
8 514
surtax
-
-
-
-
total
-
-
-
78 682
Employee
41 650
37 971
128 696
-
unemployment
1 249
1 139
3 340
-
other
416
380
1 114
-
health
1 611
1 470
4 307
-
pensions
4 265
3 887
11 398
-
income
3 710
2 801
34 197
-
total
11 251
9 677
54 356
-
Employer
41 650
37 971
128 696
-
payroll
1 249
1 139
3 860
-
other
1 978
1 803
5 965
-
accident
541
494
1 446
-
pensions
5 227
4 766
13 970
-
unemployment
1 249
1 139
3 340
-
chamber of commerce
166
152
515
-
surtax
-
-
-
-
health
1 575
1 436
4 207
-
total
11 985
10 929
33 303
-
Corporate
108 364
113 101
125 080
-
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.

27 091
28 275
31 270
-
total
27 091
28 275
31 270
-
Dividends
81 273
84 826
-
-
withholding
22 350
23 327
-
-
total
22 350
23 327
-
-
Income
162 000
162 000
162 000
162 000
Total tax
72 677
72 208
118 929
78 682
After tax
89 323
89 792
43 071
83 318
Living cost
30 398
30 398
30 398
30 398
Free-cash
58 925
59 394
12 673
52 920

Estimated living cost  is ₽30398 per week

₽18235
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3105
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽542
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8516
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽139384
₽141676
₽117376
₽148156
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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%.

-
-
-
162 000
microenterprise

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

-
-
-
1 620
total
-
-
-
1 620
Employee
15 280
-
162 000
-
income
3 056
-
32 400
-
total
3 056
-
32 400
-
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%.

146 720
162 000
-
-
total
-
-
-
-
Dividends
146 720
162 000
-
-
withholding
7 336
8 100
-
-
total
7 336
8 100
-
-
Income
162 000
162 000
162 000
162 000
Total tax
10 392
8 100
32 400
1 620
After tax
151 608
153 900
129 600
160 380
Living cost
12 224
12 224
12 224
12 224
Free-cash
139 384
141 676
117 376
148 156

Estimated living cost  is ₽12224 per week

₽8272
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽513
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.
₽3029
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽78013
₽85981
₽49568
₽53863
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
162 000
unemployment
-
-
-
242
income
-
-
-
36 815
pensions
-
-
-
29 584
health
-
-
-
15 940
total
-
-
-
82 581
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.

42 133
-
140 172
-
unemployment
60
-
197
-
health
2 721
-
9 057
-
pensions
6 531
-
21 726
-
income
7 266
-
34 068
-
total
16 578
-
65 048
-
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.

42 133
-
140 172
-
pensions
3 728
-
12 406
-
unemployment
25
-
85
-
health
2 806
-
9 337
-
total
6 559
-
21 828
-
Corporate
113 307
162 000
-
-
income
21 527
30 780
-
-
total
21 527
30 780
-
-
Dividends
91 780
131 220
-
-
withholding
13 767
19 683
-
-
total
13 767
19 683
-
-
Income
162 000
162 000
162 000
162 000
Total tax
58 431
50 463
86 876
82 581
After tax
103 569
111 537
75 124
79 419
Living cost
25 556
25 556
25 556
25 556
Free-cash
78 013
85 981
49 568
53 863

Estimated living cost  is ₽25556 per week

₽17539
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1638
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.
₽5885
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽12279
₽57521
₽108447
₽70915
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
162 000
social contributions
-
-
-
18 468
income
-
-
-
31 577
total
-
-
-
50 045
Employee
58 846
-
-
-
social contributions
4 825
-
688
-
income
12 980
-
-
-
total
17 805
-
688
-
Employer
58 846
-
-
-
social contributions
82 973
-
11 825
-
total
82 973
-
11 825
-
Corporate
20 181
162 000
-
-
income
4 440
35 640
-
-
total
4 440
35 640
-
-
Dividends
15 741
126 360
-
-
income
3 463
27 799
-
-
total
3 463
27 799
-
-
Income
162 000
162 000
162 000
162 000
Total tax
108 681
63 439
12 513
50 045
After tax
53 319
98 561
149 487
111 955
Living cost
41 040
41 040
41 040
41 040
Free-cash
12 279
57 521
108 447
70 915

Estimated living cost  is ₽41040 per week

₽26629
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3860
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽523
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10029
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽61301
₽62259
₽44965
₽57131
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
162 000
social contributions

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

-
-
-
56 296
income
-
-
-
18 687
surtax
-
-
-
-
total
-
-
-
74 983
Employee
43 821
-
130 909
-
surtax
-
-
-
-
social contributions
4 820
-
14 400
-
income
9 115
-
41 658
-
total
13 935
-
56 058
-
Employer
43 821
-
130 909
-
social contributions
10 408
-
31 091
-
total
10 408
-
31 091
-
Corporate
107 771
162 000
-
-
income
22 632
34 020
-
-
surtax
-
-
-
-
total
22 632
34 020
-
-
Dividends
85 139
127 980
-
-
withholding
23 838
35 835
-
-
total
23 838
35 835
-
-
Income
162 000
162 000
162 000
162 000
Total tax
70 813
69 855
87 149
74 983
After tax
91 187
92 145
74 851
87 017
Living cost
29 886
29 886
29 886
29 886
Free-cash
61 301
62 259
44 965
57 131

Estimated living cost  is ₽29886 per week

₽22361
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1763
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽499
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5263
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽42179
₽35628
₽43645
₽45367
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
162 000
other
-
-
-
5 021
social contributions
-
-
-
4 616
income
-
-
-
24 865
pensions
-
-
-
29 444
health
-
-
-
6 668
surtax
-
-
-
-
total
-
-
-
70 614
Employee
59 676
-
125 856
-
surtax
-
-
-
-
pensions
6 750
-
8 552
-
social contributions
1 700
-
3 586
-
income
5 207
-
24 053
-
total
13 657
-
36 191
-
Employer
59 676
-
125 856
-
other
2 059
-
4 825
-
pensions
9 805
-
14 435
-
unemployment
2 417
-
5 097
-
social contributions
179
-
378
-
health
4 177
-
11 410
-
total
18 637
-
36 145
-
Corporate
83 686
162 000
-
-
income
23 431
45 360
-
-
surtax
-
-
-
-
total
23 431
45 360
-
-
Dividends
60 255
116 640
-
-
withholding
7 713
14 930
-
-
social contributions
10 364
20 063
-
-
surtax
-
-
-
-
total
18 077
34 993
-
-
Income
162 000
162 000
162 000
162 000
Total tax
73 802
80 353
72 336
70 614
After tax
88 198
81 647
89 664
91 386
Living cost
46 019
46 019
46 019
46 019
Free-cash
42 179
35 628
43 645
45 367

Estimated living cost  is ₽46019 per week

₽31145
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3765
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽631
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10478
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽113958
₽117158
₽95173
₽90870
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
162 000
income
-
-
-
6 849
social contributions
-
-
-
35 640
total
-
-
-
42 489
Employee
30 632
-
140 259
-
social contributions
1 991
-
9 117
-
income
-
-
7 328
-
total
1 991
-
16 445
-
Employer
30 632
-
140 259
-
social contributions
4 748
-
21 741
-
total
4 748
-
21 741
-
Corporate
126 620
162 000
-
-
income
12 662
16 201
-
-
total
12 662
16 201
-
-
Dividends
113 958
145 799
-
-
total
-
-
-
-
Income
162 000
162 000
162 000
162 000
Total tax
19 401
16 201
38 186
42 489
After tax
142 599
145 799
123 814
119 511
Living cost
28 641
28 641
28 641
28 641
Free-cash
113 958
117 158
95 173
90 870

Estimated living cost  is ₽28641 per week

₽18519
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2159
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽539
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7424
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽45285
-₽45285
-₽45285
₽50047
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
162 000
pensions
-
-
-
825
municipal
-
-
-
33 580
labour market
-
-
-
12 894
national
-
-
-
18 835
total
-
-
-
66 134
Employee
193 389
193 389
193 389
-
national
23 626
23 626
23 626
-
municipal
41 181
41 181
41 181
-
labour market
15 449
15 449
15 449
-
pensions
275
275
275
-
total
80 531
80 531
80 531
-
Employer
193 389
193 389
193 389
-
municipal
41 247
41 247
41 247
-
pensions
550
550
550
-
national
23 667
23 667
23 667
-
labour market
15 471
15 471
15 471
-
total
80 935
80 935
80 935
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
162 000
162 000
162 000
162 000
Total tax
161 466
161 466
161 466
66 134
After tax
534
534
534
95 866
Living cost
45 819
45 819
45 819
45 819
Free-cash
-45 285
-45 285
-45 285
50 047

Estimated living cost  is ₽45819 per week

₽31359
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4053
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽705
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9702
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽9882
-₽8007
₽66525
₽89650
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
162 000
other
-
-
-
361
income
-
-
-
44 432
pensions
-
-
-
4 056
accident
-
-
-
246
health
-
-
-
2 126
total
-
-
-
51 221
Employee
33 238
-
145 275
-
health
3 806
-
16 634
-
pensions
3 743
-
7 437
-
income
4 560
-
33 550
-
total
12 109
-
57 621
-
Employer
33 238
-
145 275
-
accident
555
-
2 426
-
pensions
5 404
-
10 740
-
unemployment
814
-
3 559
-
total
6 773
-
16 725
-
Corporate
121 988
162 000
-
-
income

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

109 789
145 800
-
-
total
109 789
145 800
-
-
Dividends
12 199
16 200
-
-
withholding
2 318
3 078
-
-
total
2 318
3 078
-
-
Income
162 000
162 000
162 000
162 000
Total tax
130 989
148 878
74 346
51 221
After tax
31 011
13 122
87 654
110 779
Living cost
21 129
21 129
21 129
21 129
Free-cash
9 882
-8 007
66 525
89 650

Estimated living cost  is ₽21129 per week

₽15380
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1205
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽396
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4148
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽67551
₽65294
₽48773
₽68756
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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

-
-
-
162 000
municipal
-
-
-
28 782
national
-
-
-
25 784
health
-
-
-
2 097
total
-
-
-
56 663
Employee
50 129
-
136 285
-
national
828
-
15 784
-
unemployment
752
-
2 045
-
health
374
-
1 701
-
municipal
8 211
-
22 200
-
pensions
3 383
-
9 200
-
total
13 548
-
50 930
-
Employer
50 129
-
136 285
-
accident
51
-
136
-
pensions
8 697
-
23 645
-
unemployment
325
-
886
-
health
385
-
1 049
-
total
9 458
-
25 716
-
Corporate
102 413
162 000
-
-
income
20 482
32 400
-
-
total
20 482
32 400
-
-
Dividends

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

61 448
97 200
-
-
municipal
11 060
17 495
-
-
national
3 320
10 230
-
-
total
14 380
27 725
-
-
Income
162 000
162 000
162 000
162 000
Total tax
57 868
60 125
76 646
56 663
After tax
104 132
101 875
85 354
105 337
Living cost
36 581
36 581
36 581
36 581
Free-cash
67 551
65 294
48 773
68 756

Estimated living cost  is ₽36581 per week

₽23894
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3519
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.
₽8587
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽90954
₽96139
₽87516
₽88958
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
162 000
social contributions
-
-
-
15 416
income
-
-
-
31 434
health
-
-
-
4 132
total
-
-
-
50 982
Employee
73 266
73 266
151 005
-
health
568
1 246
2 568
-
social contributions
2 770
6 081
8 202
-
income
7 977
6 782
30 658
-
total
11 315
14 109
41 428
-
Employer
73 266
73 266
151 005
-
social contributions
2 770
6 081
8 202
-
health
617
1 356
2 794
-
total
3 387
7 437
10 996
-
Corporate
125 238
81 297
-
-
income
15 655
10 162
-
-
total
15 655
10 162
-
-
Dividends
109 583
71 136
-
-
withholding
18 629
12 093
-
-
total
18 629
12 093
-
-
Income
162 000
162 000
162 000
162 000
Total tax
48 986
43 801
52 424
50 982
After tax
113 014
118 199
109 576
111 018
Living cost
22 060
22 060
22 060
22 060
Free-cash
90 954
96 139
87 516
88 958

Estimated living cost  is ₽22060 per week

₽13221
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2164
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.
₽6187
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽114179
₽119023
₽101790
₽120902
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
162 000
unemployment
-
-
-
27
income
-
-
-
16 434
pensions
-
-
-
6 061
health
-
-
-
3 448
total
-
-
-
25 970
Employee

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

21 870
-
152 688
-
unemployment
108
-
452
-
health
1 859
-
7 685
-
pensions
3 280
-
13 561
-
income
1 495
-
14 073
-
total
6 742
-
35 771
-
Employer

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

21 870
-
152 688
-
pensions
1 202
-
4 972
-
unemployment
108
-
452
-
health
940
-
3 887
-
total
2 250
-
9 311
-
Corporate
137 879
162 000
-
-
income
12 409
14 581
-
-
total
12 409
14 581
-
-
Dividends
125 470
147 419
-
-
withholding
11 292
13 268
-
-
total
11 292
13 268
-
-
Income
162 000
162 000
162 000
162 000
Total tax
32 693
27 849
45 082
25 970
After tax
129 307
134 151
116 918
136 030
Living cost
15 128
15 128
15 128
15 128
Free-cash
114 179
119 023
101 790
120 902

Estimated living cost  is ₽15128 per week

₽9652
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1090
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽450
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3934
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽77646
₽81854
₽60781
₽64778
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
162 000
other
-
-
-
89
unemployment
-
-
-
618
income
-
-
-
44 526
pensions
-
-
-
24 992
accident
-
-
-
796
total
-
-
-
71 021
Employee
35 231
-
133 846
-
unemployment
546
-
1 369
-
other
34
-
89
-
pensions
1 656
-
4 151
-
income
6 792
-
41 255
-
total
9 028
-
46 864
-
Employer
35 231
-
133 846
-
other
282
-
707
-
accident
698
-
1 748
-
pensions
8 314
-
20 842
-
unemployment
1 938
-
4 857
-
total
11 232
-
28 154
-
Corporate
115 537
162 000
-
-
income

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

17 331
24 299
-
-
total
17 331
24 299
-
-
Dividends
98 206
137 701
-
-
withholding
20 562
29 646
-
-
total
20 562
29 646
-
-
Income
162 000
162 000
162 000
162 000
Total tax
58 153
53 945
75 018
71 021
After tax
103 847
108 055
86 982
90 979
Living cost
26 201
26 201
26 201
26 201
Free-cash
77 646
81 854
60 781
64 778

Estimated living cost  is ₽26201 per week

₽17685
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2519
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽459
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5538
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽98990
₽99287
₽102314
₽102442
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
162 000
income
-
-
-
55 491
pensions
-
-
-
1 314
health
-
-
-
952
total
-
-
-
57 757
Employee
2 743
-
160 522
-
unemployment
27
-
66
-
health
137
-
328
-
pensions
247
-
591
-
income
531
-
55 422
-
total
942
-
56 407
-
Employer
2 743
-
160 522
-
pensions
302
-
723
-
unemployment
55
-
131
-
health
261
-
624
-
total
618
-
1 478
-
Corporate
158 640
162 000
-
-
income
34 901
35 640
-
-
total
34 901
35 640
-
-
Dividends
123 739
126 360
-
-
withholding
24 748
25 272
-
-
total
24 748
25 272
-
-
Income
162 000
162 000
162 000
162 000
Total tax
61 209
60 912
57 885
57 757
After tax
100 791
101 088
104 115
104 243
Living cost
1 801
1 801
1 801
1 801
Free-cash
98 990
99 287
102 314
102 442

Estimated living cost  is ₽1801 per week

₽1070
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽146
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽41
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽543
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽95903
₽100585
₽82428
₽82428
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
162 000
unemployment
-
-
-
1 055
income
-
-
-
36 524
pensions
-
-
-
18 288
health
-
-
-
7 245
total
-
-
-
63 112
Employee

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

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

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

24 820
-
149 409
-
unemployment
186
-
528
-
health
1 278
-
3 622
-
pensions
3 475
-
9 847
-
income
3 421
-
36 524
-
total
8 360
-
50 521
-
Employer

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

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

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

24 820
-
149 409
-
pensions
2 978
-
8 441
-
unemployment
186
-
528
-
health
1 278
-
3 622
-
total
4 442
-
12 591
-
Corporate
132 737
162 000
-
-
income
19 911
24 300
-
-
total
19 911
24 300
-
-
Dividends
112 826
137 700
-
-
withholding
16 924
20 655
-
-
total
16 924
20 655
-
-
Income
162 000
162 000
162 000
162 000
Total tax
49 637
44 955
63 112
63 112
After tax
112 363
117 045
98 888
98 888
Living cost
16 460
16 460
16 460
16 460
Free-cash
95 903
100 585
82 428
82 428

Estimated living cost  is ₽16460 per week

₽11082
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1273
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽476
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3628
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽66116
₽66458
₽49164
₽61330
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
162 000
social contributions

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

-
-
-
56 296
income
-
-
-
18 687
surtax
-
-
-
-
total
-
-
-
74 983
Employee
36 980
-
130 909
-
surtax
-
-
-
-
social contributions
4 068
-
14 400
-
income
7 226
-
41 658
-
total
11 294
-
56 058
-
Employer
36 980
-
130 909
-
social contributions
8 782
-
31 091
-
total
8 782
-
31 091
-
Corporate
116 238
162 000
-
-
income
24 410
34 020
-
-
surtax
-
-
-
-
total
24 410
34 020
-
-
Dividends
91 828
127 980
-
-
withholding
25 711
35 835
-
-
total
25 711
35 835
-
-
Income
162 000
162 000
162 000
162 000
Total tax
70 197
69 855
87 149
74 983
After tax
91 803
92 145
74 851
87 017
Living cost
25 687
25 687
25 687
25 687
Free-cash
66 116
66 458
49 164
61 330

Estimated living cost  is ₽25687 per week

₽18193
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1785
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽456
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5254
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽68247
₽74569
₽53496
₽57493
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
162 000
other
-
-
-
89
unemployment
-
-
-
618
income
-
-
-
44 526
pensions
-
-
-
24 992
accident
-
-
-
796
total
-
-
-
71 021
Employee
46 016
-
133 846
-
unemployment
712
-
1 369
-
other
45
-
89
-
pensions
2 163
-
4 151
-
income
9 611
-
41 255
-
total
12 531
-
46 864
-
Employer
46 016
-
133 846
-
other
369
-
707
-
accident
911
-
1 748
-
pensions
10 860
-
20 842
-
unemployment
2 531
-
4 857
-
total
14 671
-
28 154
-
Corporate
101 313
162 000
-
-
income

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

15 197
24 299
-
-
total
15 197
24 299
-
-
Dividends
86 116
137 701
-
-
withholding
17 868
29 646
-
-
total
17 868
29 646
-
-
Income
162 000
162 000
162 000
162 000
Total tax
60 267
53 945
75 018
71 021
After tax
101 733
108 055
86 982
90 979
Living cost
33 486
33 486
33 486
33 486
Free-cash
68 247
74 569
53 496
57 493

Estimated living cost  is ₽33486 per week

₽24048
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2604
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.
₽6363
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽116208
₽122043
₽118587
₽112305
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
162 000
unemployment
-
-
-
134
income
-
-
-
24 300
pensions

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

-
-
-
4 949
health
-
-
-
3 845
total
-
-
-
33 228
Employee
21 804
-
155 440
-
accident

We are using the highest rate at 1.1%.

240
-
368
-
health
1 003
-
1 538
-
pensions

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

1 914
-
2 936
-
income
2 181
-
15 544
-
total
5 338
-
20 386
-
Employer
21 804
-
155 440
-
accident

We are using the highest rate at 1.1%.

240
-
368
-
pensions

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

2 403
-
3 684
-
unemployment
131
-
201
-
health
1 505
-
2 307
-
total
4 279
-
6 560
-
Corporate
135 918
162 000
-
-
income
13 592
16 200
-
-
total
13 592
16 200
-
-
Dividends
122 326
145 800
-
-
withholding
6 116
7 290
-
-
total
6 116
7 290
-
-
Income
162 000
162 000
162 000
162 000
Total tax
29 325
23 490
26 946
33 228
After tax
132 675
138 510
135 054
128 772
Living cost
16 467
16 467
16 467
16 467
Free-cash
116 208
122 043
118 587
112 305

Estimated living cost  is ₽16467 per week

₽10891
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽943
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽393
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4241
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽59061
₽46599
₽66558
₽49668
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
162 000
trade
-
-
-
16 890
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.

-
-
-
49 429
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.

-
-
-
6 509
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.

-
-
-
2 719
total
-
-
-
75 547
Employee

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

47 408
-
162 000
-
surtax

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

215
-
2 719
-
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.

6 509
-
6 509
-
income

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

3 898
-
49 429
-
total
10 622
-
58 657
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
114 592
162 000
-
-
trade
16 445
23 247
-
-
income
17 188
24 299
-
-
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.

946
1 336
-
-
chamber of commerce
313
382
-
-
total
34 892
49 264
-
-
Dividends
79 701
112 736
-
-
withholding
19 564
27 822
-
-
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.

1 076
1 530
-
-
total
20 640
29 352
-
-
Income
162 000
162 000
162 000
162 000
Total tax
66 154
78 616
58 657
75 547
After tax
95 846
83 384
103 343
86 453
Living cost
36 785
36 785
36 785
36 785
Free-cash
59 061
46 599
66 558
49 668

Estimated living cost  is ₽36785 per week

₽25375
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3958
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽533
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6918
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽61226
₽59125
₽31780
₽31780
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
162 000
social contributions
-
-
-
26 893
income
-
-
-
49 051
total
-
-
-
75 944
Employee
74 530
-
162 000
-
social contributions
6 192
-
26 893
-
income
14 064
-
49 051
-
total
20 256
-
75 944
-
Employer
74 530
-
162 000
-
total
-
-
-
-
Corporate
87 470
162 000
-
-
income
10 934
20 249
-
-
total
10 934
20 249
-
-
Dividends
76 536
141 751
-
-
withholding
15 308
28 350
-
-
total
15 308
28 350
-
-
Income
162 000
162 000
162 000
162 000
Total tax
46 498
48 599
75 944
75 944
After tax
115 502
113 401
86 056
86 056
Living cost
54 276
54 276
54 276
54 276
Free-cash
61 226
59 125
31 780
31 780

Estimated living cost  is ₽54276 per week

₽41292
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4423
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽519
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8043
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽69009
₽65678
₽80953
₽94467
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
162 000
health

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

-
-
-
5 824
income
-
-
-
27 122
total
-
-
-
32 946
Employee
43 709
-
157 617
-
social contributions
4 379
-
4 383
-
income
4 743
-
37 694
-
total
9 122
-
42 077
-
Employer
43 709
-
157 617
-
social contributions
4 379
-
4 383
-
total
4 379
-
4 383
-
Corporate
113 912
162 000
-
-
income
39 869
56 701
-
-
total
39 869
56 701
-
-
Dividends
74 043
105 299
-
-
social contributions
5 034
5 034
-
-
total
5 034
5 034
-
-
Income
162 000
162 000
162 000
162 000
Total tax
58 404
61 735
46 460
32 946
After tax
103 596
100 265
115 540
129 054
Living cost
34 587
34 587
34 587
34 587
Free-cash
69 009
65 678
80 953
94 467

Estimated living cost  is ₽34587 per week

₽22782
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2727
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽530
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8547
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽77006
₽71407
₽57951
₽72639
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
162 000
income
-
-
-
45 807
pensions
-
-
-
8 419
total
-
-
-
54 226
Employee
48 228
-
141 560
-
health
629
-
2 071
-
pensions
3 681
-
10 387
-
income
8 783
-
36 016
-
total
13 093
-
48 474
-
Employer
48 228
-
141 560
-
pensions
4 873
-
17 751
-
health
917
-
2 689
-
total
5 790
-
20 440
-
Corporate
107 983
162 000
-
-
income

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

20 517
30 779
-
-
total
20 517
30 779
-
-
Dividends
87 465
131 221
-
-
withholding
10 459
24 679
-
-
total
10 459
24 679
-
-
Income
162 000
162 000
162 000
162 000
Total tax
49 859
55 458
68 914
54 226
After tax
112 141
106 542
93 086
107 774
Living cost
35 135
35 135
35 135
35 135
Free-cash
77 006
71 407
57 951
72 639

Estimated living cost  is ₽35135 per week

₽24103
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3231
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽440
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7360
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽9562
-₽10099
₽64433
₽87558
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
162 000
other
-
-
-
361
income
-
-
-
44 432
pensions
-
-
-
4 056
accident
-
-
-
246
health
-
-
-
2 126
total
-
-
-
51 221
Employee
36 528
-
145 275
-
health
4 182
-
16 634
-
pensions
4 113
-
7 437
-
income
5 011
-
33 550
-
total
13 306
-
57 621
-
Employer
36 528
-
145 275
-
accident
610
-
2 426
-
pensions
5 939
-
10 740
-
unemployment
895
-
3 559
-
total
7 444
-
16 725
-
Corporate
118 028
162 000
-
-
income

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

106 225
145 800
-
-
total
106 225
145 800
-
-
Dividends
11 803
16 200
-
-
withholding
2 242
3 078
-
-
total
2 242
3 078
-
-
Income
162 000
162 000
162 000
162 000
Total tax
129 217
148 878
74 346
51 221
After tax
32 783
13 122
87 654
110 779
Living cost
23 221
23 221
23 221
23 221
Free-cash
9 562
-10 099
64 433
87 558

Estimated living cost  is ₽23221 per week

₽17042
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1353
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽468
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4358
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽119007
₽123462
₽101579
₽80643
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
162 000
unemployment
-
-
-
1 827
income
-
-
-
26 623
pensions
-
-
-
28 017
health insurance
-
-
-
11 268
work injury
-
-
-
761
total
-
-
-
68 496
Employee

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

20 577
-
162 000
-
health insurance
1 523
-
5 634
-
unemployment
247
-
914
-
work injury
103
-
381
-
pensions
3 786
-
14 008
-
income
2 058
-
26 623
-
total
7 717
-
47 560
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
141 423
162 000
-
-
income

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

1 414
1 620
-
-
total
1 414
1 620
-
-
Dividends
140 009
160 380
-
-
withholding
21 001
24 057
-
-
total
21 001
24 057
-
-
Income
162 000
162 000
162 000
162 000
Total tax
30 132
25 677
47 560
68 496
After tax
131 868
136 323
114 440
93 504
Living cost
12 861
12 861
12 861
12 861
Free-cash
119 007
123 462
101 579
80 643

Estimated living cost  is ₽12861 per week

₽7967
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽935
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽401
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3558
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽43041
₽47374
₽30779
₽37891
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
162 000
regional
-
-
-
3 704
social contributions
-
-
-
41 666
municipal
-
-
-
1 083
national
-
-
-
39 699
total
-
-
-
86 152
Employee
80 289
-
162 000
-
national
13 568
-
34 385
-
regional
1 212
-
3 286
-
municipal
479
-
966
-
social contributions
27 073
-
54 627
-
total
42 332
-
93 264
-
Employer
80 289
-
162 000
-
total
-
-
-
-
Corporate
81 711
162 000
-
-
nationa
19 611
38 880
-
-
municipal
3 938
7 809
-
-
total
23 549
46 689
-
-
Dividends
58 162
115 311
-
-
withholding
15 121
29 980
-
-
total
15 121
29 980
-
-
Income
162 000
162 000
162 000
162 000
Total tax
81 002
76 669
93 264
86 152
After tax
80 998
85 331
68 736
75 848
Living cost
37 957
37 957
37 957
37 957
Free-cash
43 041
47 374
30 779
37 891

Estimated living cost  is ₽37957 per week

₽26663
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2611
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽573
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8109
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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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