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
₽63462
₽74541
₽52960
₽55978
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
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.

-
-
-
6 486
trade
-
-
-
18 563
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.

-
-
-
49 497
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.

-
-
-
2 722
total
-
-
-
77 268
Employee

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

36 310
-
162 000
-
health

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

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

6 486
-
6 486
-
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.

1 014
-
49 497
-
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
-
2 722
-
total
7 556
-
58 705
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
125 690
162 000
-
-
income
18 853
24 301
-
-
chamber of commerce
324
377
-
-
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.

1 038
1 337
-
-
trade
19 797
25 515
-
-
total
40 012
51 530
-
-
Dividends
85 678
110 471
-
-
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.

1 158
1 499
-
-
withholding
21 058
27 257
-
-
total
22 216
28 756
-
-
Income
162 000
162 000
162 000
162 000
Total tax
69 784
80 286
58 705
77 268
After tax
92 216
81 714
103 295
84 732
Living cost
28 754
28 754
28 754
28 754
Free-cash
63 462
52 960
74 541
55 978

Estimated living cost  is ₽28754 per week

₽18087
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3353
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽537
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6777
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽51031
₽47768
₽51851
₽46497
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
municipal
-
-
-
17 683
pensions
-
-
-
19 440
national
-
-
-
27 401
total
-
-
-
66 266
Employee
76 326
-
140 048
-
pensions
3 053
-
5 602
-
municipal
9 428
-
18 310
-
national
14 609
-
28 373
-
total
27 090
-
52 285
-
Employer
76 326
-
140 048
-
pensions
6 106
-
11 204
-
social contributions
821
-
1 506
-
total
6 927
-
12 710
-
Corporate
73 709
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%.

14 742
32 400
-
-
total
14 742
32 400
-
-
Dividends
58 968
129 600
-
-
withholding
12 973
28 512
-
-
total
12 973
28 512
-
-
Income
162 000
162 000
162 000
162 000
Total tax
61 732
60 912
64 995
66 266
After tax
100 268
101 088
97 005
95 734
Living cost
49 237
49 237
49 237
49 237
Free-cash
51 031
51 851
47 768
46 497

Estimated living cost  is ₽49237 per week

₽33466
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4577
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽737
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10457
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽102063
₽47620
₽109849
₽35704
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
36 373
income
-
-
-
28 862
surtax
-
-
-
41 311
microenterprise
-
-
-
-
total
-
-
-
106 546
Employee
27 740
-
121 392
-
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.

3 052
-
12 445
-
income
4 938
-
23 976
-
surtax
-
-
17 601
-
total
7 990
-
54 022
-
Employer
27 740
-
121 392
-
surtax
-
-
13 353
-
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.

6 682
-
27 255
-
total
6 682
-
40 608
-
Corporate
127 578
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%.

25 515
32 401
-
-
total
25 515
32 401
-
-
Dividends

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

102 063
129 599
-
-
total
-
-
-
-
Income
162 000
162 000
162 000
162 000
Total tax
40 187
32 401
94 630
106 546
After tax
121 813
129 599
67 370
55 454
Living cost
19 750
19 750
19 750
19 750
Free-cash
102 063
109 849
47 620
35 704

Estimated living cost  is ₽19750 per week

₽12600
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1881
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽449
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4821
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽34544
₽60877
₽40359
₽50032
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
11 706
income
-
-
-
49 370
pensions
-
-
-
11 123
total
-
-
-
72 199
Employee
81 069
81 069
144 358
-
pensions
14 592
11 123
11 123
-
health
12 443
10 584
11 706
-
income

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

13 270
13 270
20 883
-
total
40 305
34 977
43 712
-
Employer
81 069
81 069
144 358
-
pensions
5 642
5 642
7 013
-
health
5 635
5 635
7 003
-
unemployment
2 918
2 918
3 626
-
total
14 195
14 195
17 642
-
Corporate
67 730
66 735
-
-
income
13 546
13 348
-
-
total
13 546
13 348
-
-
Dividends
54 184
53 388
-
-
income
11 514
11 344
-
-
withholding
8 127
8 008
-
-
total
19 641
19 352
-
-
Income
162 000
162 000
162 000
162 000
Total tax
87 687
81 872
61 354
72 199
After tax
74 313
80 128
100 646
89 801
Living cost
39 769
39 769
39 769
39 769
Free-cash
34 544
40 359
60 877
50 032

Estimated living cost  is ₽39769 per week

₽28183
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3585
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽632
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7368
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽48914
₽44117
₽49783
₽45055
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
accident
-
-
-
169
health
-
-
-
5 288
municipal
-
-
-
40 987
pensions
-
-
-
9 161
other
-
-
-
9 848
unemployment
-
-
-
85
national
-
-
-
12 738
total
-
-
-
78 276
Employee
55 100
-
135 372
-
municipal
16 431
-
40 368
-
national
-
-
12 219
-
total
16 431
-
52 587
-
Employer
55 100
-
135 372
-
pensions
5 956
-
9 161
-
other
6 403
-
9 848
-
health
3 389
-
5 212
-
unemployment
1 455
-
2 237
-
accident
110
-
169
-
total
17 313
-
26 627
-
Corporate
89 588
162 000
-
-
income
19 709
35 640
-
-
total
19 709
35 640
-
-
Dividends
69 879
126 360
-
-
withholding
20 964
37 908
-
-
total
20 964
37 908
-
-
Income
162 000
162 000
162 000
162 000
Total tax
74 417
73 548
79 214
78 276
After tax
87 583
88 452
82 786
83 724
Living cost
38 669
38 669
38 669
38 669
Free-cash
48 914
49 783
44 117
45 055

Estimated living cost  is ₽38669 per week

₽25628
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3795
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽587
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8659
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽56928
₽66001
₽43587
₽46613
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
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.

-
-
-
6 486
trade
-
-
-
19 388
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.

-
-
-
49 497
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.

-
-
-
2 722
total
-
-
-
78 093
Employee

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

48 142
-
162 000
-
health

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

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

6 486
-
6 486
-
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.

4 136
-
49 497
-
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.

227
-
2 722
-
total
10 849
-
58 705
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
113 858
162 000
-
-
income
17 079
24 301
-
-
chamber of commerce
306
375
-
-
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.

939
1 337
-
-
trade
18 729
26 648
-
-
total
37 053
52 661
-
-
Dividends
76 806
109 339
-
-
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
1 484
-
-
withholding
18 840
26 974
-
-
total
19 876
28 458
-
-
Income
162 000
162 000
162 000
162 000
Total tax
67 778
81 119
58 705
78 093
After tax
94 222
80 881
103 295
83 907
Living cost
37 294
37 294
37 294
37 294
Free-cash
56 928
43 587
66 001
46 613

Estimated living cost  is ₽37294 per week

₽24942
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3933
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.
₽7862
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽83468
₽78759
₽87406
₽80197
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
15 360
health
-
-
-
4 131
income
-
-
-
31 521
total
-
-
-
51 012
Employee
72 999
72 999
151 034
-
health
726
1 241
2 567
-
social contributions
3 547
6 059
8 172
-
income
7 666
6 758
30 745
-
total
11 939
14 058
41 484
-
Employer
72 999
72 999
151 034
-
health
791
1 351
2 794
-
social contributions
3 547
6 059
8 172
-
total
4 338
7 410
10 966
-
Corporate
114 932
81 591
-
-
income
14 367
10 198
-
-
total
14 367
10 198
-
-
Dividends
100 565
71 393
-
-
withholding
17 097
12 137
-
-
total
17 097
12 137
-
-
Income
162 000
162 000
162 000
162 000
Total tax
47 741
43 803
52 450
51 012
After tax
114 259
118 197
109 550
110 988
Living cost
30 791
30 791
30 791
30 791
Free-cash
83 468
87 406
78 759
80 197

Estimated living cost  is ₽30791 per week

₽21049
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2405
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽517
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6821
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽73772
₽76295
₽73404
₽94607
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
11 340
income
-
-
-
19 805
pensions
-
-
-
16 200
unemployment
-
-
-
2 430
total
-
-
-
49 775
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.

25 431
10 121
135 565
-
unemployment
381
152
2 033
-
pensions
2 543
1 012
13 556
-
health
1 780
708
9 490
-
income
3 109
1 237
16 573
-
total
7 813
3 109
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.

25 431
10 121
135 565
-
pensions
4 959
1 974
26 435
-
total
4 959
1 974
26 435
-
Corporate
131 610
149 905
-
-
income
11 845
13 491
-
-
total
11 845
13 491
-
-
Dividends
119 765
136 414
-
-
social contributions
23 238
26 485
-
-
withholding
22 755
25 919
-
-
total
45 993
52 404
-
-
Income
162 000
162 000
162 000
162 000
Total tax
70 610
70 978
68 087
49 775
After tax
91 390
91 022
93 913
112 225
Living cost
17 618
17 618
17 618
17 618
Free-cash
73 772
73 404
76 295
94 607

Estimated living cost  is ₽17618 per week

₽12022
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1441
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽352
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3802
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽100772
₽70445
₽106669
₽63901
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
21 060
income
-
-
-
21 708
pensions
-
-
-
32 401
total
-
-
-
75 169
Employee
26 931
-
121 076
-
unemployment
431
-
1 937
-
pensions
539
-
2 421
-
income
3 032
-
23 344
-
total
4 002
-
27 702
-
Employer
26 931
-
121 076
-
pensions
5 387
-
24 214
-
health
3 500
-
15 740
-
unemployment
216
-
969
-
total
9 103
-
40 923
-
Corporate
125 966
162 000
-
-
income
25 193
32 401
-
-
total
25 193
32 401
-
-
Dividends
100 773
129 599
-
-
total
-
-
-
-
Income
162 000
162 000
162 000
162 000
Total tax
38 298
32 401
68 625
75 169
After tax
123 702
129 599
93 375
86 831
Living cost
22 930
22 930
22 930
22 930
Free-cash
100 772
106 669
70 445
63 901

Estimated living cost  is ₽22930 per week

₽15727
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1366
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽461
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5376
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽9875
₽66560
-₽8050
₽89599
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
accident
-
-
-
243
health
-
-
-
2 099
income
-
-
-
44 526
pensions
-
-
-
4 004
other
-
-
-
357
total
-
-
-
51 229
Employee
33 305
-
145 407
-
pensions
3 750
-
7 342
-
health
3 813
-
16 649
-
income
4 569
-
33 684
-
total
12 132
-
57 675
-
Employer
33 305
-
145 407
-
pensions
5 416
-
10 603
-
unemployment
816
-
3 562
-
accident
556
-
2 428
-
total
6 788
-
16 593
-
Corporate
121 908
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.

109 717
145 800
-
-
total
109 717
145 800
-
-
Dividends
12 191
16 200
-
-
withholding
2 316
3 078
-
-
total
2 316
3 078
-
-
Income
162 000
162 000
162 000
162 000
Total tax
130 953
148 878
74 268
51 229
After tax
31 047
13 122
87 732
110 771
Living cost
21 172
21 172
21 172
21 172
Free-cash
9 875
-8 050
66 560
89 599

Estimated living cost  is ₽21172 per week

₽15517
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1173
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽442
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4040
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽144597
₽121765
₽146065
₽152545
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
9 793
-
162 000
-
income
1 958
-
32 400
-
total
1 958
-
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%.

152 207
162 000
-
-
total
-
-
-
-
Dividends
152 207
162 000
-
-
withholding
7 610
8 100
-
-
total
7 610
8 100
-
-
Income
162 000
162 000
162 000
162 000
Total tax
9 568
8 100
32 400
1 620
After tax
152 432
153 900
129 600
160 380
Living cost
7 835
7 835
7 835
7 835
Free-cash
144 597
146 065
121 765
152 545

Estimated living cost  is ₽7835 per week

₽4855
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽651
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽215
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2113
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽87315
₽66642
₽93725
₽64329
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
6 352
income
-
-
-
24 519
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.

-
-
-
34 647
other
-
-
-
6 857
total
-
-
-
72 375
Employee
34 469
-
129 391
-
unemployment
344
-
1 293
-
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.

2 412
-
9 058
-
health
483
-
1 812
-
income
5 934
-
25 290
-
total
9 173
-
37 453
-
Employer
34 469
-
129 391
-
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.

5 860
-
21 997
-
other
1 724
-
6 471
-
health
483
-
1 812
-
unemployment
344
-
1 293
-
accident
276
-
1 036
-
total
8 687
-
32 609
-
Corporate
118 844
162 000
-
-
income
24 957
34 020
-
-
total
24 957
34 020
-
-
Dividends
93 887
127 980
-
-
withholding
6 572
8 959
-
-
total
6 572
8 959
-
-
Income
162 000
162 000
162 000
162 000
Total tax
49 389
42 979
70 062
72 375
After tax
112 611
119 021
91 938
89 625
Living cost
25 296
25 296
25 296
25 296
Free-cash
87 315
93 725
66 642
64 329

Estimated living cost  is ₽25296 per week

₽17873
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1708
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽407
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5307
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽46543
₽30785
₽44123
₽45456
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
46 137
pensions
-
-
-
8 322
total
-
-
-
54 459
Employee
87 841
-
141 531
-
pensions
8 474
-
10 247
-
health
1 447
-
2 057
-
income
15 834
-
36 357
-
total
25 755
-
48 661
-
Employer
87 841
-
141 531
-
pensions
10 372
-
17 781
-
health
1 668
-
2 688
-
total
12 040
-
20 469
-
Corporate
62 119
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.

11 803
30 779
-
-
total
11 803
30 779
-
-
Dividends
50 316
131 221
-
-
withholding
3 774
25 013
-
-
total
3 774
25 013
-
-
Income
162 000
162 000
162 000
162 000
Total tax
53 372
55 792
69 130
54 459
After tax
108 628
106 208
92 870
107 541
Living cost
62 085
62 085
62 085
62 085
Free-cash
46 543
44 123
30 785
45 456

Estimated living cost  is ₽62085 per week

₽46522
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽7295
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.
₽7765
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽121665
₽122711
₽126072
₽116414
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
3 811
income
-
-
-
24 300
pensions

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

-
-
-
4 904
unemployment
-
-
-
133
total
-
-
-
33 148
Employee
16 470
-
155 499
-
accident

We are using the highest rate at 1.1%.

181
-
365
-
pensions

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

1 446
-
2 910
-
health
758
-
1 524
-
income
1 647
-
15 550
-
total
4 032
-
20 349
-
Employer
16 470
-
155 499
-
pensions

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

1 815
-
3 652
-
health
1 137
-
2 286
-
unemployment
98
-
199
-
accident

We are using the highest rate at 1.1%.

181
-
365
-
total
3 231
-
6 502
-
Corporate
142 298
162 000
-
-
income
14 230
16 200
-
-
total
14 230
16 200
-
-
Dividends
128 068
145 800
-
-
withholding
6 404
7 290
-
-
total
6 404
7 290
-
-
Income
162 000
162 000
162 000
162 000
Total tax
27 897
23 490
26 851
33 148
After tax
134 103
138 510
135 149
128 852
Living cost
12 438
12 438
12 438
12 438
Free-cash
121 665
126 072
122 711
116 414

Estimated living cost  is ₽12438 per week

₽7262
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽888
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽330
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3959
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽29873
₽48004
₽27486
₽37159
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
11 706
income
-
-
-
49 370
pensions
-
-
-
11 123
total
-
-
-
72 199
Employee
88 015
81 069
144 358
-
pensions
11 123
11 123
11 123
-
health
10 980
10 584
11 706
-
income

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

13 270
13 270
20 883
-
total
35 373
34 977
43 712
-
Employer
88 015
81 069
144 358
-
pensions
6 125
5 642
7 013
-
health
6 116
5 635
7 003
-
unemployment
3 169
2 918
3 626
-
total
15 410
14 195
17 642
-
Corporate
58 575
66 735
-
-
income
11 715
13 348
-
-
total
11 715
13 348
-
-
Dividends
46 860
53 388
-
-
income
9 957
11 344
-
-
withholding
7 030
8 008
-
-
total
16 987
19 352
-
-
Income
162 000
162 000
162 000
162 000
Total tax
79 485
81 872
61 354
72 199
After tax
82 515
80 128
100 646
89 801
Living cost
52 642
52 642
52 642
52 642
Free-cash
29 873
27 486
48 004
37 159

Estimated living cost  is ₽52642 per week

₽38832
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4702
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽604
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8505
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽79549
₽59686
₽87960
₽66696
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
33 926
health
-
-
-
21 870
income
-
-
-
15 931
solidarity contribution
-
-
-
-
total
-
-
-
71 727
Employee
34 672
-
121 976
-
solidarity contribution
-
-
-
-
health
4 681
-
16 467
-
social contributions
2 254
-
7 552
-
income
4 161
-
14 693
-
total
11 096
-
38 712
-
Employer
34 672
-
121 976
-
health
3 120
-
10 978
-
social contributions
8 668
-
29 047
-
total
11 788
-
40 025
-
Corporate
115 539
162 000
-
-
income
21 952
30 780
-
-
total
21 952
30 780
-
-
Dividends
93 587
131 220
-
-
withholding
14 038
19 683
-
-
total
14 038
19 683
-
-
Income
162 000
162 000
162 000
162 000
Total tax
58 874
50 463
78 737
71 727
After tax
103 126
111 537
83 263
90 273
Living cost
23 577
23 577
23 577
23 577
Free-cash
79 549
87 960
59 686
66 696

Estimated living cost  is ₽23577 per week

₽16377
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1677
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽464
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5059
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽41418
₽30352
₽46375
₽37672
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
41 666
municipal
-
-
-
962
regional
-
-
-
1 907
national
-
-
-
39 735
total
-
-
-
84 270
Employee
84 370
-
162 000
-
regional
796
-
1 683
-
municipal
447
-
859
-
national
14 619
-
34 422
-
social contributions
28 450
-
54 626
-
total
44 312
-
91 590
-
Employer
84 370
-
162 000
-
total
-
-
-
-
Corporate
77 630
162 000
-
-
municipal
3 028
6 318
-
-
nationa
18 631
38 881
-
-
total
21 659
45 199
-
-
Dividends
55 970
116 801
-
-
withholding
14 553
30 368
-
-
total
14 553
30 368
-
-
Income
162 000
162 000
162 000
162 000
Total tax
80 524
75 567
91 590
84 270
After tax
81 476
86 433
70 410
77 730
Living cost
40 058
40 058
40 058
40 058
Free-cash
41 418
46 375
30 352
37 672

Estimated living cost  is ₽40058 per week

₽27924
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2627
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽614
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8892
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽77995
₽49944
₽80949
₽55783
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
8 995
income
-
-
-
44 020
surtax
-
-
-
6 698
pensions
-
-
-
25 340
other
-
-
-
-
unemployment
-
-
-
216
total
-
-
-
85 269
Employee
31 394
-
135 330
-
unemployment
2 185
-
8 818
-
pensions
2 093
-
8 451
-
health
802
-
3 230
-
income
5 262
-
38 342
-
other
-
-
-
-
surtax
103
-
5 597
-
total
10 445
-
64 438
-
Employer
31 394
-
135 330
-
pensions
4 185
-
16 889
-
other
-
-
-
-
health
1 429
-
5 765
-
unemployment
994
-
4 016
-
total
6 608
-
26 670
-
Corporate
123 998
162 000
-
-
income
32 240
42 120
-
-
total
32 240
42 120
-
-
Dividends
91 758
119 880
-
-
withholding
13 764
17 983
-
-
total
13 764
17 983
-
-
Income
162 000
162 000
162 000
162 000
Total tax
63 057
60 103
91 108
85 269
After tax
98 943
101 897
70 892
76 731
Living cost
20 948
20 948
20 948
20 948
Free-cash
77 995
80 949
49 944
55 783

Estimated living cost  is ₽20948 per week

₽12809
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1933
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽483
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5723
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽69923
₽50455
₽63793
₽65126
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
46 137
pensions
-
-
-
8 322
total
-
-
-
54 459
Employee
58 869
-
141 531
-
pensions
4 997
-
10 247
-
health
855
-
2 057
-
income
10 603
-
36 357
-
total
16 455
-
48 661
-
Employer
58 869
-
141 531
-
pensions
6 373
-
17 781
-
health
1 118
-
2 688
-
total
7 491
-
20 469
-
Corporate
95 640
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.

18 171
30 779
-
-
total
18 171
30 779
-
-
Dividends
77 469
131 221
-
-
withholding
7 545
25 013
-
-
total
7 545
25 013
-
-
Income
162 000
162 000
162 000
162 000
Total tax
49 662
55 792
69 130
54 459
After tax
112 338
106 208
92 870
107 541
Living cost
42 415
42 415
42 415
42 415
Free-cash
69 923
63 793
50 455
65 126

Estimated living cost  is ₽42415 per week

₽31777
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3179
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽444
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7015
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽30972
₽48690
-₽1269
₽56445
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
364
pensions
-
-
-
14 905
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
regional
-
-
-
7 681
city
-
-
-
1 707
national
-
-
-
2 311
total
-
-
-
30 208
Employee
88 176
-
144 999
-
unemployment
-
-
-
-
pensions
7 408
-
12 178
-
regional
2 887
-
6 651
-
national
417
-
1 843
-
health
199
-
327
-
city
946
-
1 558
-
total
11 857
-
22 557
-
Employer
88 176
-
144 999
-
pensions
7 408
-
12 178
-
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.

1 763
-
2 901
-
health
199
-
327
-
unemployment
-
-
-
-
total
9 370
-
15 406
-
Corporate
63 484
162 000
-
-
regional
13 426
34 263
-
-
national
5 395
13 771
-
-
total
18 821
48 034
-
-
Dividends
44 663
113 966
-
-
withholding
15 633
39 888
-
-
total
15 633
39 888
-
-
Income
162 000
162 000
162 000
162 000
Total tax
55 681
87 922
37 963
30 208
After tax
106 319
74 078
124 037
131 792
Living cost
75 347
75 347
75 347
75 347
Free-cash
30 972
-1 269
48 690
56 445

Estimated living cost  is ₽75347 per week

₽48997
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽6762
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽925
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽18663
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽51952
₽59806
₽36558
₽39593
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
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.

-
-
-
6 486
trade
-
-
-
20 213
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.

-
-
-
49 497
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.

-
-
-
2 722
total
-
-
-
78 918
Employee

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

57 053
-
162 000
-
health

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

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

6 486
-
6 486
-
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.

6 709
-
49 497
-
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.

369
-
2 722
-
total
13 564
-
58 705
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
104 947
162 000
-
-
income
15 742
24 301
-
-
chamber of commerce
292
373
-
-
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.

867
1 337
-
-
trade
17 999
27 783
-
-
total
34 900
53 794
-
-
Dividends
70 048
108 206
-
-
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.

944
1 468
-
-
withholding
17 151
26 691
-
-
total
18 095
28 159
-
-
Income
162 000
162 000
162 000
162 000
Total tax
66 559
81 953
58 705
78 918
After tax
95 441
80 047
103 295
83 082
Living cost
43 489
43 489
43 489
43 489
Free-cash
51 952
36 558
59 806
39 593

Estimated living cost  is ₽43489 per week

₽31763
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3479
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽566
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7684
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽54773
₽57118
₽49166
₽58896
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
4 616
health
-
-
-
6 687
income
-
-
-
24 915
surtax
-
-
-
-
pensions
-
-
-
29 383
other
-
-
-
5 023
total
-
-
-
70 624
Employee
40 630
-
125 818
-
pensions
4 594
-
8 564
-
social contributions
1 158
-
3 585
-
income
2 398
-
24 075
-
surtax
-
-
-
-
total
8 150
-
36 224
-
Employer
40 630
-
125 818
-
pensions
6 675
-
14 451
-
other
1 402
-
4 829
-
health
2 845
-
11 423
-
unemployment
1 645
-
5 097
-
social contributions
123
-
378
-
total
12 690
-
36 178
-
Corporate
108 682
162 000
-
-
income
30 431
45 361
-
-
surtax
-
-
-
-
total
30 431
45 361
-
-
Dividends
78 251
116 639
-
-
surtax
-
-
-
-
social contributions
13 459
20 064
-
-
withholding
10 017
14 929
-
-
total
23 476
34 993
-
-
Income
162 000
162 000
162 000
162 000
Total tax
74 747
80 354
72 402
70 624
After tax
87 253
81 646
89 598
91 376
Living cost
32 480
32 480
32 480
32 480
Free-cash
54 773
49 166
57 118
58 896

Estimated living cost  is ₽32480 per week

₽20480
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2641
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽553
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8808
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽57661
₽60336
₽52384
₽62114
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
4 616
health
-
-
-
6 687
income
-
-
-
24 915
surtax
-
-
-
-
pensions
-
-
-
29 383
other
-
-
-
5 023
total
-
-
-
70 624
Employee
36 268
-
125 818
-
pensions
4 102
-
8 564
-
social contributions
1 034
-
3 585
-
income
1 870
-
24 075
-
surtax
-
-
-
-
total
7 006
-
36 224
-
Employer
36 268
-
125 818
-
pensions
5 959
-
14 451
-
other
1 252
-
4 829
-
health
2 538
-
11 423
-
unemployment
1 468
-
5 097
-
social contributions
108
-
378
-
total
11 325
-
36 178
-
Corporate
114 406
162 000
-
-
income
32 033
45 361
-
-
surtax
-
-
-
-
total
32 033
45 361
-
-
Dividends
82 373
116 639
-
-
surtax
-
-
-
-
social contributions
14 169
20 064
-
-
withholding
10 544
14 929
-
-
total
24 713
34 993
-
-
Income
162 000
162 000
162 000
162 000
Total tax
75 077
80 354
72 402
70 624
After tax
86 923
81 646
89 598
91 376
Living cost
29 262
29 262
29 262
29 262
Free-cash
57 661
52 384
60 336
62 114

Estimated living cost  is ₽29262 per week

₽16970
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2973
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.
₽8764
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽79195
₽80719
₽78704
₽83906
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
22 355
health
-
-
-
11 308
income
-
-
-
24 301
total
-
-
-
57 964
Employee
32 188
-
162 000
-
health
2 247
-
11 308
-
social contributions
4 443
-
22 355
-
income
5 369
-
27 488
-
total
12 059
-
61 151
-
Employer
32 188
-
162 000
-
total
-
-
-
-
Corporate
129 812
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%.

6 491
8 100
-
-
total
6 491
8 100
-
-
Dividends
123 321
153 900
-
-
health
8 608
10 743
-
-
social contributions
17 019
21 238
-
-
withholding
18 498
23 085
-
-
total
44 125
55 066
-
-
Income
162 000
162 000
162 000
162 000
Total tax
62 675
63 166
61 151
57 964
After tax
99 325
98 834
100 849
104 036
Living cost
20 130
20 130
20 130
20 130
Free-cash
79 195
78 704
80 719
83 906

Estimated living cost  is ₽20130 per week

₽13472
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1241
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.
₽4952
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽54764
₽9565
₽56235
₽49679
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
8 483
surtax
-
-
-
187
income
-
-
-
43 210
chamber of commerce
-
-
-
649
pensions
-
-
-
20 518
unemployment
-
-
-
5 823
total
-
-
-
78 870
Employee
47 443
37 832
128 601
-
unemployment
1 423
1 135
3 327
-
pensions
4 859
3 873
11 357
-
health
1 836
1 465
4 291
-
income
5 401
2 791
34 252
-
other
474
378
1 110
-
total
13 993
9 642
54 337
-
Employer
47 443
37 832
128 601
-
chamber of commerce
189
151
515
-
pensions
5 954
4 749
13 919
-
other
2 254
1 796
5 958
-
health
1 793
1 430
4 192
-
unemployment
1 423
1 135
3 327
-
accident
616
492
1 441
-
surtax
187
187
187
-
payroll
1 423
1 135
3 859
-
total
13 839
11 075
33 398
-
Corporate
100 717
113 092
124 998
-
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.

25 180
28 273
31 249
-
total
25 180
28 273
31 249
-
Dividends
75 538
84 819
-
-
withholding
20 773
23 324
-
-
total
20 773
23 324
-
-
Income
162 000
162 000
162 000
162 000
Total tax
73 785
72 314
118 984
78 870
After tax
88 215
89 686
43 016
83 130
Living cost
33 451
33 451
33 451
33 451
Free-cash
54 764
56 235
9 565
49 679

Estimated living cost  is ₽33451 per week

₽22310
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2854
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽549
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7738
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽41759
₽22713
₽55996
₽35586
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
23 668
communal

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

-
-
-
8 300
national
-
-
-
59 832
total
-
-
-
91 800
Employee

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

67 906
-
125 474
-
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.

591
-
1 092
-
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.

5 093
-
9 411
-
national
20 877
-
45 202
-
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.

3 191
-
5 898
-
communal

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

3 542
-
6 545
-
total
33 294
-
68 148
-
Employer

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

67 906
-
125 474
-
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.

6 017
-
11 117
-
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.

4 176
-
7 718
-
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.

991
-
1 832
-
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.

883
-
1 630
-
surtax
7 700
-
14 228
-
total
19 767
-
36 525
-
Corporate
74 328
162 000
-
-
income
14 866
32 401
-
-
surtax
297
649
-
-
total
15 163
33 050
-
-
Dividends
59 164
128 951
-
-
withholding

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

17 403
38 340
-
-
total
17 403
38 340
-
-
Income
162 000
162 000
162 000
162 000
Total tax
85 627
71 390
104 673
91 800
After tax
76 373
90 610
57 327
70 200
Living cost
34 614
34 614
34 614
34 614
Free-cash
41 759
55 996
22 713
35 586

Estimated living cost  is ₽34614 per week

₽22296
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3027
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.
₽8750
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽67150
₽52706
₽73762
₽56688
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
accident
-
-
-
793
income
-
-
-
44 630
pensions
-
-
-
24 901
other
-
-
-
88
unemployment
-
-
-
616
total
-
-
-
71 028
Employee
47 255
-
133 948
-
unemployment
733
-
1 364
-
pensions
2 221
-
4 136
-
income
9 971
-
41 371
-
other
47
-
88
-
total
12 972
-
46 959
-
Employer
47 255
-
133 948
-
pensions
11 151
-
20 766
-
other
377
-
704
-
unemployment
2 600
-
4 839
-
accident
935
-
1 742
-
total
15 063
-
28 051
-
Corporate
99 682
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.

14 953
24 301
-
-
total
14 953
24 301
-
-
Dividends
84 729
137 699
-
-
withholding
17 578
29 653
-
-
total
17 578
29 653
-
-
Income
162 000
162 000
162 000
162 000
Total tax
60 566
53 954
75 010
71 028
After tax
101 434
108 046
86 990
90 972
Living cost
34 284
34 284
34 284
34 284
Free-cash
67 150
73 762
52 706
56 688

Estimated living cost  is ₽34284 per week

₽25247
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2432
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽494
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6111
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽31617
₽35545
₽43506
₽29092
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
accident
-
-
-
1 366
health
-
-
-
11 380
income
-
-
-
26 022
surtax
-
-
-
8 031
pensions
-
-
-
24 281
communal
-
-
-
10 238
total
-
-
-
81 318
Employee
71 892
-
144 707
-
pensions
5 750
-
11 577
-
health
3 200
-
6 440
-
income
6 944
-
30 685
-
surtax
4 407
-
8 869
-
total
20 301
-
57 571
-
Employer
71 892
-
144 707
-
pensions
5 750
-
11 577
-
health
2 192
-
4 414
-
accident
647
-
1 303
-
total
8 589
-
17 294
-
Corporate
81 518
162 000
-
-
income
12 227
24 301
-
-
communal
5 502
10 935
-
-
surtax
856
1 701
-
-
total
18 585
36 937
-
-
Dividends
62 934
125 063
-
-
income
21 878
11 208
-
-
withholding
9 440
18 759
-
-
total
31 318
29 967
-
-
Income
162 000
162 000
162 000
162 000
Total tax
78 793
66 904
74 865
81 318
After tax
83 207
95 096
87 135
80 682
Living cost
51 590
51 590
51 590
51 590
Free-cash
31 617
43 506
35 545
29 092

Estimated living cost  is ₽51590 per week

₽38700
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3126
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽546
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9217
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽77556
₽49569
₽80574
₽55408
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
8 995
income
-
-
-
44 020
surtax
-
-
-
6 698
pensions
-
-
-
25 340
other
-
-
-
-
unemployment
-
-
-
216
total
-
-
-
85 269
Employee
31 970
-
135 330
-
unemployment
2 225
-
8 818
-
pensions
2 133
-
8 451
-
health
816
-
3 230
-
income
5 360
-
38 342
-
other
-
-
-
-
surtax
113
-
5 597
-
total
10 647
-
64 438
-
Employer
31 970
-
135 330
-
pensions
4 262
-
16 889
-
other
-
-
-
-
health
1 454
-
5 765
-
unemployment
1 014
-
4 016
-
total
6 730
-
26 670
-
Corporate
123 299
162 000
-
-
income
32 058
42 120
-
-
total
32 058
42 120
-
-
Dividends
91 241
119 880
-
-
withholding
13 686
17 983
-
-
total
13 686
17 983
-
-
Income
162 000
162 000
162 000
162 000
Total tax
63 121
60 103
91 108
85 269
After tax
98 879
101 897
70 892
76 731
Living cost
21 323
21 323
21 323
21 323
Free-cash
77 556
80 574
49 569
55 408

Estimated living cost  is ₽21323 per week

₽12874
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1854
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.
₽6102
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽57471
₽44341
₽59577
₽51622
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
41 666
municipal
-
-
-
962
regional
-
-
-
2 442
national
-
-
-
39 735
total
-
-
-
84 805
Employee
52 661
-
162 000
-
regional
709
-
2 179
-
municipal
279
-
859
-
national
8 343
-
34 422
-
social contributions
17 758
-
54 626
-
total
27 089
-
92 086
-
Employer
52 661
-
162 000
-
total
-
-
-
-
Corporate
109 339
162 000
-
-
municipal
5 433
8 051
-
-
nationa
26 241
38 881
-
-
total
31 674
46 932
-
-
Dividends
77 665
115 068
-
-
withholding
20 193
29 918
-
-
total
20 193
29 918
-
-
Income
162 000
162 000
162 000
162 000
Total tax
78 956
76 850
92 086
84 805
After tax
83 044
85 150
69 914
77 195
Living cost
25 573
25 573
25 573
25 573
Free-cash
57 471
59 577
44 341
51 622

Estimated living cost  is ₽25573 per week

₽15904
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2591
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽438
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6640
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽72120
₽54210
₽82484
₽61220
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
33 926
health
-
-
-
21 870
income
-
-
-
15 931
solidarity contribution
-
-
-
-
total
-
-
-
71 727
Employee
42 725
-
121 976
-
solidarity contribution
-
-
-
-
health
5 768
-
16 467
-
social contributions
2 777
-
7 552
-
income
5 127
-
14 693
-
total
13 672
-
38 712
-
Employer
42 725
-
121 976
-
health
3 845
-
10 978
-
social contributions
10 681
-
29 047
-
total
14 526
-
40 025
-
Corporate
104 748
162 000
-
-
income
19 902
30 780
-
-
total
19 902
30 780
-
-
Dividends
84 846
131 220
-
-
withholding
12 727
19 683
-
-
total
12 727
19 683
-
-
Income
162 000
162 000
162 000
162 000
Total tax
60 827
50 463
78 737
71 727
After tax
101 173
111 537
83 263
90 273
Living cost
29 053
29 053
29 053
29 053
Free-cash
72 120
82 484
54 210
61 220

Estimated living cost  is ₽29053 per week

₽21606
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1609
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽503
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5335
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽59028
₽12776
₽59499
₽53030
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
8 483
surtax
-
-
-
-
income
-
-
-
43 210
chamber of commerce
-
-
-
649
pensions
-
-
-
20 518
unemployment
-
-
-
5 823
total
-
-
-
78 683
Employee
41 498
37 832
128 778
-
unemployment
1 245
1 135
3 327
-
pensions
4 250
3 873
11 357
-
health
1 605
1 465
4 291
-
income
3 697
2 791
34 337
-
other
414
378
1 110
-
total
11 211
9 642
54 422
-
Employer
41 498
37 832
128 778
-
chamber of commerce
166
151
515
-
pensions
5 208
4 749
13 919
-
other
1 971
1 796
5 965
-
health
1 569
1 430
4 192
-
unemployment
1 245
1 135
3 327
-
accident
539
492
1 441
-
surtax
-
-
-
-
payroll
1 245
1 135
3 862
-
total
11 943
10 888
33 221
-
Corporate
108 560
113 279
125 175
-
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.

27 140
28 320
31 294
-
total
27 140
28 320
31 294
-
Dividends
81 420
84 959
-
-
withholding
22 391
23 364
-
-
total
22 391
23 364
-
-
Income
162 000
162 000
162 000
162 000
Total tax
72 685
72 214
118 937
78 683
After tax
89 315
89 786
43 063
83 317
Living cost
30 287
30 287
30 287
30 287
Free-cash
59 028
59 499
12 776
53 030

Estimated living cost  is ₽30287 per week

₽18168
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3093
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽540
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8485
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽139401
₽117391
₽141691
₽148171
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
15 262
-
162 000
-
income
3 053
-
32 400
-
total
3 053
-
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%.

146 738
162 000
-
-
total
-
-
-
-
Dividends
146 738
162 000
-
-
withholding
7 337
8 100
-
-
total
7 337
8 100
-
-
Income
162 000
162 000
162 000
162 000
Total tax
10 390
8 100
32 400
1 620
After tax
151 610
153 900
129 600
160 380
Living cost
12 209
12 209
12 209
12 209
Free-cash
139 401
141 691
117 391
148 171

Estimated living cost  is ₽12209 per week

₽8262
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽512
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.
₽3025
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽78133
₽49632
₽86074
₽53923
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
15 942
income
-
-
-
36 844
pensions
-
-
-
29 585
unemployment
-
-
-
243
total
-
-
-
82 614
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.

41 980
-
140 174
-
unemployment
59
-
196
-
pensions
6 507
-
21 726
-
health
2 711
-
9 056
-
income
7 239
-
34 101
-
total
16 516
-
65 079
-
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.

41 980
-
140 174
-
pensions
3 715
-
12 405
-
health
2 796
-
9 336
-
unemployment
25
-
85
-
total
6 536
-
21 826
-
Corporate
113 484
162 000
-
-
income
21 563
30 779
-
-
total
21 563
30 779
-
-
Dividends
91 922
131 221
-
-
withholding
13 789
19 684
-
-
total
13 789
19 684
-
-
Income
162 000
162 000
162 000
162 000
Total tax
58 404
50 463
86 905
82 614
After tax
103 596
111 537
75 095
79 386
Living cost
25 463
25 463
25 463
25 463
Free-cash
78 133
86 074
49 632
53 923

Estimated living cost  is ₽25463 per week

₽17475
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1632
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽494
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5864
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽12570
₽108629
₽57660
₽71054
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
58 647
-
-
-
social contributions
4 809
-
685
-
income
12 936
-
-
-
total
17 745
-
685
-
Employer
58 647
-
-
-
social contributions
82 692
-
11 785
-
total
82 692
-
11 785
-
Corporate
20 662
162 000
-
-
income
4 546
35 640
-
-
total
4 546
35 640
-
-
Dividends
16 116
126 360
-
-
income
3 546
27 799
-
-
total
3 546
27 799
-
-
Income
162 000
162 000
162 000
162 000
Total tax
108 529
63 439
12 470
50 045
After tax
53 471
98 561
149 530
111 955
Living cost
40 901
40 901
40 901
40 901
Free-cash
12 570
57 660
108 629
71 054

Estimated living cost  is ₽40901 per week

₽26538
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3847
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽521
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9995
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽61411
₽45035
₽62369
₽57222
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
56 294
income
-
-
-
18 707
surtax
-
-
-
-
total
-
-
-
75 001
Employee
43 662
-
130 909
-
social contributions
4 803
-
14 400
-
income
9 082
-
41 697
-
surtax
-
-
-
-
total
13 885
-
56 097
-
Employer
43 662
-
130 909
-
social contributions
10 370
-
31 091
-
total
10 370
-
31 091
-
Corporate
107 969
162 000
-
-
income
22 674
34 020
-
-
surtax
-
-
-
-
total
22 674
34 020
-
-
Dividends
85 295
127 980
-
-
withholding
23 883
35 834
-
-
total
23 883
35 834
-
-
Income
162 000
162 000
162 000
162 000
Total tax
70 812
69 854
87 188
75 001
After tax
91 188
92 146
74 812
86 999
Living cost
29 777
29 777
29 777
29 777
Free-cash
61 411
62 369
45 035
57 222

Estimated living cost  is ₽29777 per week

₽22280
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1756
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.
₽5244
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽42321
₽43747
₽35795
₽45525
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
4 616
health
-
-
-
6 687
income
-
-
-
24 915
surtax
-
-
-
-
pensions
-
-
-
29 383
other
-
-
-
5 023
total
-
-
-
70 624
Employee
59 458
-
125 818
-
pensions
6 725
-
8 564
-
social contributions
1 693
-
3 585
-
income
5 188
-
24 075
-
surtax
-
-
-
-
total
13 606
-
36 224
-
Employer
59 458
-
125 818
-
pensions
9 770
-
14 451
-
other
2 052
-
4 829
-
health
4 162
-
11 423
-
unemployment
2 409
-
5 097
-
social contributions
178
-
378
-
total
18 571
-
36 178
-
Corporate
83 972
162 000
-
-
income
23 512
45 361
-
-
surtax
-
-
-
-
total
23 512
45 361
-
-
Dividends
60 460
116 639
-
-
surtax
-
-
-
-
social contributions
10 400
20 064
-
-
withholding
7 739
14 929
-
-
total
18 139
34 993
-
-
Income
162 000
162 000
162 000
162 000
Total tax
73 828
80 354
72 402
70 624
After tax
88 172
81 646
89 598
91 376
Living cost
45 851
45 851
45 851
45 851
Free-cash
42 321
35 795
43 747
45 525

Estimated living cost  is ₽45851 per week

₽31031
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3751
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽629
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10440
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽114074
₽95257
₽117265
₽90953
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
35 640
income
-
-
-
6 871
total
-
-
-
42 511
Employee
30 520
-
140 259
-
social contributions
1 983
-
9 118
-
income
-
-
7 348
-
total
1 983
-
16 466
-
Employer
30 520
-
140 259
-
social contributions
4 731
-
21 741
-
total
4 731
-
21 741
-
Corporate
126 749
162 000
-
-
income
12 676
16 199
-
-
total
12 676
16 199
-
-
Dividends
114 074
145 801
-
-
total
-
-
-
-
Income
162 000
162 000
162 000
162 000
Total tax
19 390
16 199
38 207
42 511
After tax
142 610
145 801
123 793
119 489
Living cost
28 536
28 536
28 536
28 536
Free-cash
114 074
117 265
95 257
90 953

Estimated living cost  is ₽28536 per week

₽18451
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2151
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽537
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7397
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽44689
-₽44689
-₽44689
₽50152
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
municipal
-
-
-
33 594
pensions
-
-
-
822
labour market
-
-
-
12 894
national
-
-
-
18 851
total
-
-
-
66 161
Employee
192 833
192 833
192 833
-
pensions
274
274
274
-
municipal
41 063
41 063
41 063
-
national
23 558
23 558
23 558
-
labour market
15 405
15 405
15 405
-
total
80 300
80 300
80 300
-
Employer
192 833
192 833
192 833
-
municipal
41 128
41 128
41 128
-
pensions
548
548
548
-
national
23 599
23 599
23 599
-
labour market
15 427
15 427
15 427
-
total
80 702
80 702
80 702
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
162 000
162 000
162 000
162 000
Total tax
161 002
161 002
161 002
66 161
After tax
998
998
998
95 839
Living cost
45 687
45 687
45 687
45 687
Free-cash
-44 689
-44 689
-44 689
50 152

Estimated living cost  is ₽45687 per week

₽31269
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4041
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽703
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9674
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽9923
₽66872
-₽7738
₽89911
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
accident
-
-
-
243
health
-
-
-
2 099
income
-
-
-
44 526
pensions
-
-
-
4 004
other
-
-
-
357
total
-
-
-
51 229
Employee
32 814
-
145 407
-
pensions
3 695
-
7 342
-
health
3 757
-
16 649
-
income
4 502
-
33 684
-
total
11 954
-
57 675
-
Employer
32 814
-
145 407
-
pensions
5 335
-
10 603
-
unemployment
804
-
3 562
-
accident
548
-
2 428
-
total
6 687
-
16 593
-
Corporate
122 499
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.

110 249
145 800
-
-
total
110 249
145 800
-
-
Dividends
12 250
16 200
-
-
withholding
2 327
3 078
-
-
total
2 327
3 078
-
-
Income
162 000
162 000
162 000
162 000
Total tax
131 217
148 878
74 268
51 229
After tax
30 783
13 122
87 732
110 771
Living cost
20 860
20 860
20 860
20 860
Free-cash
9 923
-7 738
66 872
89 911

Estimated living cost  is ₽20860 per week

₽15184
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1189
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽391
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4095
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽67650
₽48869
₽65390
₽68799
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
2 099
municipal
-
-
-
28 783
national
-
-
-
25 872
total
-
-
-
56 754
Employee
49 946
-
136 283
-
unemployment
749
-
2 045
-
pensions
3 371
-
9 199
-
municipal
8 181
-
22 200
-
national
825
-
15 822
-
health
373
-
1 702
-
total
13 499
-
50 968
-
Employer
49 946
-
136 283
-
pensions
8 665
-
23 645
-
health
384
-
1 048
-
unemployment
324
-
886
-
accident
50
-
137
-
total
9 423
-
25 716
-
Corporate
102 630
162 000
-
-
income
20 527
32 401
-
-
total
20 527
32 401
-
-
Dividends

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

61 578
97 200
-
-
national
3 369
10 266
-
-
municipal
11 085
17 496
-
-
total
14 454
27 762
-
-
Income
162 000
162 000
162 000
162 000
Total tax
57 903
60 163
76 684
56 754
After tax
104 097
101 837
85 316
105 246
Living cost
36 447
36 447
36 447
36 447
Free-cash
67 650
65 390
48 869
68 799

Estimated living cost  is ₽36447 per week

₽23807
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3506
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽580
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8555
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽91051
₽87570
₽96217
₽89008
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
15 360
health
-
-
-
4 131
income
-
-
-
31 521
total
-
-
-
51 012
Employee
72 999
72 999
151 034
-
health
566
1 241
2 567
-
social contributions
2 760
6 059
8 172
-
income
7 948
6 758
30 745
-
total
11 274
14 058
41 484
-
Employer
72 999
72 999
151 034
-
health
614
1 351
2 794
-
social contributions
2 760
6 059
8 172
-
total
3 374
7 410
10 966
-
Corporate
125 372
81 591
-
-
income
15 672
10 198
-
-
total
15 672
10 198
-
-
Dividends
109 701
71 393
-
-
withholding
18 649
12 137
-
-
total
18 649
12 137
-
-
Income
162 000
162 000
162 000
162 000
Total tax
48 969
43 803
52 450
51 012
After tax
113 031
118 197
109 550
110 988
Living cost
21 980
21 980
21 980
21 980
Free-cash
91 051
96 217
87 570
89 008

Estimated living cost  is ₽21980 per week

₽13173
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2156
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽486
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6165
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽114252
₽101947
₽119080
₽120987
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
3 436
income
-
-
-
16 439
pensions
-
-
-
6 039
unemployment
-
-
-
27
total
-
-
-
25 941
Employee

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

21 790
-
152 722
-
unemployment
108
-
450
-
pensions
3 268
-
13 511
-
health
1 852
-
7 657
-
income
1 490
-
14 086
-
total
6 718
-
35 704
-
Employer

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

21 790
-
152 722
-
pensions
1 198
-
4 954
-
health
937
-
3 873
-
unemployment
108
-
450
-
total
2 243
-
9 277
-
Corporate
137 967
162 000
-
-
income
12 416
14 580
-
-
total
12 416
14 580
-
-
Dividends
125 551
147 420
-
-
withholding
11 299
13 268
-
-
total
11 299
13 268
-
-
Income
162 000
162 000
162 000
162 000
Total tax
32 676
27 848
44 981
25 941
After tax
129 324
134 152
117 019
136 059
Living cost
15 072
15 072
15 072
15 072
Free-cash
114 252
119 080
101 947
120 987

Estimated living cost  is ₽15072 per week

₽9617
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1086
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽449
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3920
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽77752
₽60885
₽81941
₽64867
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
accident
-
-
-
793
income
-
-
-
44 630
pensions
-
-
-
24 901
other
-
-
-
88
unemployment
-
-
-
616
total
-
-
-
71 028
Employee
35 102
-
133 948
-
unemployment
544
-
1 364
-
pensions
1 650
-
4 136
-
income
6 767
-
41 371
-
other
34
-
88
-
total
8 995
-
46 959
-
Employer
35 102
-
133 948
-
pensions
8 283
-
20 766
-
other
281
-
704
-
unemployment
1 931
-
4 839
-
accident
695
-
1 742
-
total
11 190
-
28 051
-
Corporate
115 707
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.

17 356
24 301
-
-
total
17 356
24 301
-
-
Dividends
98 351
137 699
-
-
withholding
20 602
29 653
-
-
total
20 602
29 653
-
-
Income
162 000
162 000
162 000
162 000
Total tax
58 143
53 954
75 010
71 028
After tax
103 857
108 046
86 990
90 972
Living cost
26 105
26 105
26 105
26 105
Free-cash
77 752
81 941
60 885
64 867

Estimated living cost  is ₽26105 per week

₽17621
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2510
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽458
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5518
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽98938
₽102236
₽99240
₽102367
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
977
income
-
-
-
55 460
pensions
-
-
-
1 348
total
-
-
-
57 785
Employee
2 815
-
160 484
-
unemployment
28
-
67
-
pensions
253
-
607
-
health
141
-
337
-
income
544
-
55 389
-
total
966
-
56 400
-
Employer
2 815
-
160 484
-
pensions
310
-
741
-
health
267
-
640
-
unemployment
56
-
135
-
total
633
-
1 516
-
Corporate
158 552
162 000
-
-
income
34 881
35 640
-
-
total
34 881
35 640
-
-
Dividends
123 671
126 360
-
-
withholding
24 734
25 272
-
-
total
24 734
25 272
-
-
Income
162 000
162 000
162 000
162 000
Total tax
61 214
60 912
57 916
57 785
After tax
100 786
101 088
104 084
104 215
Living cost
1 848
1 848
1 848
1 848
Free-cash
98 938
99 240
102 236
102 367

Estimated living cost  is ₽1848 per week

₽1098
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽150
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽42
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽558
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽95967
₽82547
₽100635
₽82546
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
7 223
income
-
-
-
36 536
pensions
-
-
-
18 233
unemployment
-
-
-
1 052
total
-
-
-
63 044
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.

24 745
-
149 448
-
unemployment
186
-
526
-
pensions
3 464
-
9 818
-
health
1 274
-
3 611
-
income
3 411
-
36 536
-
total
8 335
-
50 491
-
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.

24 745
-
149 448
-
pensions
2 969
-
8 415
-
health
1 274
-
3 611
-
unemployment
186
-
526
-
total
4 429
-
12 552
-
Corporate
132 826
162 000
-
-
income
19 924
24 300
-
-
total
19 924
24 300
-
-
Dividends
112 902
137 700
-
-
withholding
16 935
20 655
-
-
total
16 935
20 655
-
-
Income
162 000
162 000
162 000
162 000
Total tax
49 623
44 955
63 043
63 044
After tax
112 377
117 045
98 957
98 956
Living cost
16 410
16 410
16 410
16 410
Free-cash
95 967
100 635
82 547
82 546

Estimated living cost  is ₽16410 per week

₽11049
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1269
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽475
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3617
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽66211
₽49219
₽66553
₽61406
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
56 294
income
-
-
-
18 707
surtax
-
-
-
-
total
-
-
-
75 001
Employee
36 846
-
130 909
-
social contributions
4 053
-
14 400
-
income
7 199
-
41 697
-
surtax
-
-
-
-
total
11 252
-
56 097
-
Employer
36 846
-
130 909
-
social contributions
8 750
-
31 091
-
total
8 750
-
31 091
-
Corporate
116 404
162 000
-
-
income
24 445
34 020
-
-
surtax
-
-
-
-
total
24 445
34 020
-
-
Dividends
91 959
127 980
-
-
withholding
25 749
35 834
-
-
total
25 749
35 834
-
-
Income
162 000
162 000
162 000
162 000
Total tax
70 196
69 854
87 188
75 001
After tax
91 804
92 146
74 812
86 999
Living cost
25 593
25 593
25 593
25 593
Free-cash
66 211
66 553
49 219
61 406

Estimated living cost  is ₽25593 per week

₽18127
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1778
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽454
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5235
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽68395
₽53626
₽74682
₽57608
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
accident
-
-
-
793
income
-
-
-
44 630
pensions
-
-
-
24 901
other
-
-
-
88
unemployment
-
-
-
616
total
-
-
-
71 028
Employee
45 848
-
133 948
-
unemployment
710
-
1 364
-
pensions
2 155
-
4 136
-
income
9 576
-
41 371
-
other
45
-
88
-
total
12 486
-
46 959
-
Employer
45 848
-
133 948
-
pensions
10 820
-
20 766
-
other
368
-
704
-
unemployment
2 522
-
4 839
-
accident
908
-
1 742
-
total
14 618
-
28 051
-
Corporate
101 534
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.

15 230
24 301
-
-
total
15 230
24 301
-
-
Dividends
86 304
137 699
-
-
withholding
17 907
29 653
-
-
total
17 907
29 653
-
-
Income
162 000
162 000
162 000
162 000
Total tax
60 241
53 954
75 010
71 028
After tax
101 759
108 046
86 990
90 972
Living cost
33 364
33 364
33 364
33 364
Free-cash
68 395
74 682
53 626
57 608

Estimated living cost  is ₽33364 per week

₽23960
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2594
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽470
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6340
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽116410
₽118829
₽122190
₽112532
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
3 811
income
-
-
-
24 300
pensions

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

-
-
-
4 904
unemployment
-
-
-
133
total
-
-
-
33 148
Employee
21 610
-
155 499
-
accident

We are using the highest rate at 1.1%.

237
-
365
-
pensions

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

1 897
-
2 910
-
health
994
-
1 524
-
income
2 161
-
15 550
-
total
5 289
-
20 349
-
Employer
21 610
-
155 499
-
pensions

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

2 381
-
3 652
-
health
1 491
-
2 286
-
unemployment
130
-
199
-
accident

We are using the highest rate at 1.1%.

237
-
365
-
total
4 239
-
6 502
-
Corporate
136 151
162 000
-
-
income
13 615
16 200
-
-
total
13 615
16 200
-
-
Dividends
122 536
145 800
-
-
withholding
6 127
7 290
-
-
total
6 127
7 290
-
-
Income
162 000
162 000
162 000
162 000
Total tax
29 270
23 490
26 851
33 148
After tax
132 730
138 510
135 149
128 852
Living cost
16 320
16 320
16 320
16 320
Free-cash
116 410
122 190
118 829
112 532

Estimated living cost  is ₽16320 per week

₽10794
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽934
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽389
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4203
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽59148
₽66644
₽46730
₽49731
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
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.

-
-
-
6 486
trade
-
-
-
16 913
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.

-
-
-
49 497
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.

-
-
-
2 722
total
-
-
-
75 618
Employee

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

47 235
-
162 000
-
health

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

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

6 486
-
6 486
-
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.

3 884
-
49 497
-
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.

214
-
2 722
-
total
10 584
-
58 705
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
114 765
162 000
-
-
income
17 215
24 301
-
-
chamber of commerce
312
382
-
-
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.

948
1 337
-
-
trade
16 470
23 247
-
-
total
34 945
49 267
-
-
Dividends
79 821
112 734
-
-
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.

1 077
1 529
-
-
withholding
19 595
27 823
-
-
total
20 672
29 352
-
-
Income
162 000
162 000
162 000
162 000
Total tax
66 201
78 619
58 705
75 618
After tax
95 799
83 381
103 295
86 382
Living cost
36 651
36 651
36 651
36 651
Free-cash
59 148
46 730
66 644
49 731

Estimated living cost  is ₽36651 per week

₽25283
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3944
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽531
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6893
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽61419
₽31907
₽59322
₽31907
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
26 907
income
-
-
-
49 108
total
-
-
-
76 015
Employee
74 259
-
162 000
-
social contributions
6 169
-
26 907
-
income
14 012
-
49 108
-
total
20 181
-
76 015
-
Employer
74 259
-
162 000
-
total
-
-
-
-
Corporate
87 741
162 000
-
-
income
10 968
20 249
-
-
total
10 968
20 249
-
-
Dividends
76 774
141 751
-
-
withholding
15 354
28 351
-
-
total
15 354
28 351
-
-
Income
162 000
162 000
162 000
162 000
Total tax
46 503
48 600
76 015
76 015
After tax
115 497
113 400
85 985
85 985
Living cost
54 078
54 078
54 078
54 078
Free-cash
61 419
59 322
31 907
31 907

Estimated living cost  is ₽54078 per week

₽41142
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4407
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽517
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8013
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽69142
₽81043
₽65824
₽94656
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
income
-
-
-
27 023
health

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

-
-
-
5 860
total
-
-
-
32 883
Employee
43 550
-
157 633
-
social contributions
4 363
-
4 367
-
income
4 725
-
37 762
-
total
9 088
-
42 129
-
Employer
43 550
-
157 633
-
social contributions
4 363
-
4 367
-
total
4 363
-
4 367
-
Corporate
114 087
162 000
-
-
income
39 931
56 700
-
-
total
39 931
56 700
-
-
Dividends
74 156
105 300
-
-
social contributions
5 015
5 015
-
-
total
5 015
5 015
-
-
Income
162 000
162 000
162 000
162 000
Total tax
58 397
61 715
46 496
32 883
After tax
103 603
100 285
115 504
129 117
Living cost
34 461
34 461
34 461
34 461
Free-cash
69 142
65 824
81 043
94 656

Estimated living cost  is ₽34461 per week

₽22699
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2717
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽528
Clothing and shoes. We estimate one pair of shoes and 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

Source of data for Sliema model

Close
Edinburgh , United Kingdom
₽77222
₽58388
₽71726
₽73059
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
46 137
pensions
-
-
-
8 322
total
-
-
-
54 459
Employee
47 331
-
141 531
-
pensions
3 613
-
10 247
-
health
617
-
2 057
-
income
8 619
-
36 357
-
total
12 849
-
48 661
-
Employer
47 331
-
141 531
-
pensions
4 782
-
17 781
-
health
900
-
2 688
-
total
5 682
-
20 469
-
Corporate
108 987
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.

20 708
30 779
-
-
total
20 708
30 779
-
-
Dividends
88 279
131 221
-
-
withholding
11 057
25 013
-
-
total
11 057
25 013
-
-
Income
162 000
162 000
162 000
162 000
Total tax
50 296
55 792
69 130
54 459
After tax
111 704
106 208
92 870
107 541
Living cost
34 482
34 482
34 482
34 482
Free-cash
77 222
71 726
58 388
73 059

Estimated living cost  is ₽34482 per week

₽23654
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3171
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽431
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7223
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽9607
₽64807
-₽9803
₽87846
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
accident
-
-
-
243
health
-
-
-
2 099
income
-
-
-
44 526
pensions
-
-
-
4 004
other
-
-
-
357
total
-
-
-
51 229
Employee
36 062
-
145 407
-
pensions
4 061
-
7 342
-
health
4 129
-
16 649
-
income
4 947
-
33 684
-
total
13 137
-
57 675
-
Employer
36 062
-
145 407
-
pensions
5 863
-
10 603
-
unemployment
883
-
3 562
-
accident
602
-
2 428
-
total
7 348
-
16 593
-
Corporate
118 589
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.

106 730
145 800
-
-
total
106 730
145 800
-
-
Dividends
11 859
16 200
-
-
withholding
2 253
3 078
-
-
total
2 253
3 078
-
-
Income
162 000
162 000
162 000
162 000
Total tax
129 468
148 878
74 268
51 229
After tax
32 532
13 122
87 732
110 771
Living cost
22 925
22 925
22 925
22 925
Free-cash
9 607
-9 803
64 807
87 846

Estimated living cost  is ₽22925 per week

₽16824
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1336
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽462
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4303
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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

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Skopje , Macedonia
₽119057
₽101667
₽123499
₽80791
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
income
-
-
-
26 631
health insurance
-
-
-
11 236
pensions
-
-
-
27 937
unemployment
-
-
-
1 822
work injury
-
-
-
759
total
-
-
-
68 385
Employee

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

20 519
-
162 000
-
unemployment
246
-
911
-
pensions
3 775
-
13 969
-
work injury
103
-
380
-
income
2 052
-
26 631
-
health insurance
1 518
-
5 618
-
total
7 694
-
47 509
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
141 481
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%.

1 415
1 620
-
-
total
1 415
1 620
-
-
Dividends
140 066
160 380
-
-
withholding
21 010
24 057
-
-
total
21 010
24 057
-
-
Income
162 000
162 000
162 000
162 000
Total tax
30 119
25 677
47 509
68 385
After tax
131 881
136 323
114 491
93 615
Living cost
12 824
12 824
12 824
12 824
Free-cash
119 057
123 499
101 667
80 791

Estimated living cost  is ₽12824 per week

₽7945
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽932
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽400
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3547
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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

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Rome , Italy
₽43192
₽30880
₽47511
₽37992
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
41 666
municipal
-
-
-
1 083
regional
-
-
-
3 705
national
-
-
-
39 735
total
-
-
-
86 189
Employee
79 996
-
162 000
-
regional
1 208
-
3 287
-
municipal
477
-
966
-
national
13 519
-
34 422
-
social contributions
26 974
-
54 626
-
total
42 178
-
93 301
-
Employer
79 996
-
162 000
-
total
-
-
-
-
Corporate
82 004
162 000
-
-
municipal
3 953
7 808
-
-
nationa
19 682
38 881
-
-
total
23 635
46 689
-
-
Dividends
58 369
115 312
-
-
withholding
15 176
29 981
-
-
total
15 176
29 981
-
-
Income
162 000
162 000
162 000
162 000
Total tax
80 989
76 670
93 301
86 189
After tax
81 011
85 330
68 699
75 811
Living cost
37 819
37 819
37 819
37 819
Free-cash
43 192
47 511
30 880
37 992

Estimated living cost  is ₽37819 per week

₽26565
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2601
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽571
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8080
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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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