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
₽51269
₽73610
₽55459
₽62392
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
income

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

-
-
-
48 394
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.

-
-
-
2 662
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.

-
-
-
6 871
trade
-
-
-
18 151
total
-
-
-
76 078
Employee

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

38 468
-
162 000
-
surtax

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

59
-
2 662
-
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.

1 075
-
48 394
-
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.

6 871
-
6 871
-
total
8 005
-
57 927
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
123 532
162 000
-
-
income
18 531
24 300
-
-
surtax

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

1 019
1 336
-
-
chamber of commerce
330
386
-
-
trade
19 456
25 514
-
-
total
39 336
51 536
-
-
Dividends
84 196
110 464
-
-
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.

1 138
1 498
-
-
withholding
20 666
27 234
-
-
total
21 804
28 732
-
-
Income
162 000
162 000
162 000
162 000
Total tax
69 145
80 268
57 927
76 078
After tax
92 855
81 732
104 073
85 922
Living cost
30 463
30 463
30 463
30 463
Free-cash
62 392
51 269
73 610
55 459

Estimated living cost  is ₽30463 per week

₽19162
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3552
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽569
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7180
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽47677
₽43857
₽42586
₽46788
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
1 741
municipal
-
-
-
17 580
national
-
-
-
27 242
pensions
-
-
-
19 440
total
-
-
-
66 003
Employee
82 797
-
140 048
-
municipal
10 227
-
18 207
-
pensions
3 312
-
5 602
-
national
15 847
-
28 213
-
total
29 386
-
52 022
-
Employer
82 797
-
140 048
-
pensions
6 624
-
11 204
-
social contributions
890
-
1 506
-
total
7 514
-
12 710
-
Corporate
66 225
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%.

13 245
32 400
-
-
total
13 245
32 400
-
-
Dividends
52 980
129 600
-
-
withholding
11 656
28 512
-
-
total
11 656
28 512
-
-
Income
162 000
162 000
162 000
162 000
Total tax
61 801
60 912
64 732
66 003
After tax
100 199
101 088
97 268
95 997
Living cost
53 411
53 411
53 411
53 411
Free-cash
46 788
47 677
43 857
42 586

Estimated living cost  is ₽53411 per week

₽36303
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4965
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽799
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽11344
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽108676
₽76416
₽33677
₽100427
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
income
-
-
-
27 554
surtax
-
-
-
41 310
social contributions

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

-
-
-
38 535
microenterprise
-
-
-
-
total
-
-
-
107 399
Employee
29 388
-
118 444
-
surtax
-
-
-
-
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.

3 233
-
13 028
-
income
5 231
-
23 099
-
total
8 464
-
36 127
-
Employer
29 388
-
118 444
-
social contributions

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

7 079
-
28 533
-
surtax
-
-
-
-
total
7 079
-
28 533
-
Corporate
125 533
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%.

25 106
32 400
-
-
total
25 106
32 400
-
-
Dividends

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

100 427
129 600
-
-
total
-
-
-
-
Income
162 000
162 000
162 000
162 000
Total tax
40 649
32 400
64 660
107 399
After tax
121 351
129 600
97 340
54 601
Living cost
20 924
20 924
20 924
20 924
Free-cash
100 427
108 676
76 416
33 677

Estimated living cost  is ₽20924 per week

₽13349
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1993
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.
₽5107
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽37846
₽57436
₽48359
₽31685
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
47 323
health
-
-
-
12 402
pensions
-
-
-
11 784
total
-
-
-
71 509
Employee
85 887
85 887
143 309
-
pensions
15 460
11 784
11 784
-
income

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

14 058
14 058
19 555
-
health
13 183
11 213
12 402
-
total
42 701
37 055
43 741
-
Employer
85 887
85 887
143 309
-
health
5 970
5 970
7 419
-
pensions
5 978
5 978
7 430
-
unemployment
3 092
3 092
3 842
-
total
15 040
15 040
18 691
-
Corporate
62 127
61 073
-
-
income
12 425
12 215
-
-
total
12 425
12 215
-
-
Dividends
49 702
48 858
-
-
income
10 562
10 383
-
-
withholding
7 455
7 329
-
-
total
18 017
17 712
-
-
Income
162 000
162 000
162 000
162 000
Total tax
88 183
82 022
62 432
71 509
After tax
73 817
79 978
99 568
90 491
Living cost
42 132
42 132
42 132
42 132
Free-cash
31 685
37 846
57 436
48 359

Estimated living cost  is ₽42132 per week

₽29858
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3798
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽670
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7806
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽47246
₽42209
₽43209
₽46321
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
181
other
-
-
-
10 494
unemployment
-
-
-
90
health
-
-
-
5 635
municipal
-
-
-
40 507
national
-
-
-
10 916
pensions
-
-
-
9 762
total
-
-
-
77 585
Employee
58 715
-
133 625
-
municipal
17 509
-
39 847
-
national
-
-
10 363
-
total
17 509
-
50 210
-
Employer
58 715
-
133 625
-
health
3 611
-
5 554
-
pensions
6 347
-
9 762
-
accident
117
-
181
-
unemployment
1 550
-
2 384
-
other
6 823
-
10 494
-
total
18 448
-
28 375
-
Corporate
84 837
162 000
-
-
income
18 664
35 640
-
-
total
18 664
35 640
-
-
Dividends
66 173
126 360
-
-
withholding
19 852
37 908
-
-
total
19 852
37 908
-
-
Income
162 000
162 000
162 000
162 000
Total tax
74 473
73 548
78 585
77 585
After tax
87 527
88 452
83 415
84 415
Living cost
41 206
41 206
41 206
41 206
Free-cash
46 321
47 246
42 209
43 209

Estimated living cost  is ₽41206 per week

₽27310
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4043
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽626
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9227
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽41386
₽64563
₽45607
₽55519
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
income

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

-
-
-
48 394
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.

-
-
-
2 662
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.

-
-
-
6 871
trade
-
-
-
18 956
total
-
-
-
76 883
Employee

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

51 004
-
162 000
-
surtax

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

240
-
2 662
-
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.

4 382
-
48 394
-
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.

6 871
-
6 871
-
total
11 493
-
57 927
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
110 996
162 000
-
-
income
16 649
24 300
-
-
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.

916
1 336
-
-
chamber of commerce
311
384
-
-
trade
18 260
26 650
-
-
total
36 136
52 670
-
-
Dividends
74 861
109 330
-
-
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.

1 008
1 483
-
-
withholding
18 334
26 951
-
-
total
19 342
28 434
-
-
Income
162 000
162 000
162 000
162 000
Total tax
66 971
81 104
57 927
76 883
After tax
95 029
80 896
104 073
85 117
Living cost
39 510
39 510
39 510
39 510
Free-cash
55 519
41 386
64 563
45 607

Estimated living cost  is ₽39510 per week

₽26424
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4166
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽590
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8329
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽85607
₽77399
₽78866
₽81439
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
30 110
social contributions
-
-
-
16 273
health
-
-
-
4 130
total
-
-
-
50 513
Employee
77 337
77 337
150 558
-
social contributions
3 758
6 419
8 657
-
income
8 121
7 159
29 322
-
health
769
1 315
2 559
-
total
12 648
14 893
40 538
-
Employer
77 337
77 337
150 558
-
health
838
1 431
2 785
-
social contributions
3 758
6 419
8 657
-
total
4 596
7 850
11 442
-
Corporate
112 134
76 813
-
-
income
14 017
9 602
-
-
total
14 017
9 602
-
-
Dividends
98 118
67 211
-
-
withholding
16 679
11 427
-
-
total
16 679
11 427
-
-
Income
162 000
162 000
162 000
162 000
Total tax
47 940
43 772
51 980
50 513
After tax
114 060
118 228
110 020
111 487
Living cost
32 621
32 621
32 621
32 621
Free-cash
81 439
85 607
77 399
78 866

Estimated living cost  is ₽32621 per week

₽22300
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2548
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽548
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7226
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽72584
₽75458
₽93771
₽72967
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
19 804
unemployment
-
-
-
2 430
health
-
-
-
11 340
pensions
-
-
-
16 200
total
-
-
-
49 774
Employee

As of 2018, the minimum salary of a managing director was set at 180,500 HUF per month.

The minimum wage is 138,000 HUF per month.

26 641
10 603
135 565
-
unemployment
400
159
2 033
-
pensions
2 664
1 060
13 556
-
income
3 257
1 296
16 573
-
health
1 865
742
9 490
-
total
8 186
3 257
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.

26 641
10 603
135 565
-
pensions
5 195
2 068
26 435
-
total
5 195
2 068
26 435
-
Corporate
130 164
149 330
-
-
income
11 715
13 440
-
-
total
11 715
13 440
-
-
Dividends
118 450
135 890
-
-
social contributions
22 977
26 377
-
-
withholding
22 505
25 819
-
-
total
45 482
52 196
-
-
Income
162 000
162 000
162 000
162 000
Total tax
70 578
70 961
68 087
49 774
After tax
91 422
91 039
93 913
112 226
Living cost
18 455
18 455
18 455
18 455
Free-cash
72 967
72 584
75 458
93 771

Estimated living cost  is ₽18455 per week

₽12594
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1510
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽369
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3982
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽105307
₽69084
₽62540
₽99060
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
162 000
income
-
-
-
21 708
health
-
-
-
21 059
pensions
-
-
-
32 400
total
-
-
-
75 167
Employee
28 531
-
121 074
-
unemployment
456
-
1 937
-
pensions
571
-
2 422
-
income
3 212
-
23 342
-
total
4 239
-
27 701
-
Employer
28 531
-
121 074
-
health
3 708
-
15 740
-
pensions
5 707
-
24 214
-
unemployment
229
-
968
-
total
9 644
-
40 922
-
Corporate
123 824
162 000
-
-
income
24 764
32 400
-
-
total
24 764
32 400
-
-
Dividends
99 060
129 600
-
-
total
-
-
-
-
Income
162 000
162 000
162 000
162 000
Total tax
38 647
32 400
68 623
75 167
After tax
123 353
129 600
93 377
86 833
Living cost
24 292
24 292
24 292
24 292
Free-cash
99 060
105 307
69 084
62 540

Estimated living cost  is ₽24292 per week

₽16662
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1447
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽489
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5695
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽9278
₽64985
₽88407
₽9686
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
257
income
-
-
-
44 102
other
-
-
-
377
health
-
-
-
2 221
pensions
-
-
-
4 236
total
-
-
-
51 193
Employee
35 237
-
144 816
-
pensions
3 968
-
7 768
-
income
4 834
-
33 081
-
health
4 035
-
16 582
-
total
12 837
-
57 431
-
Employer
35 237
-
144 816
-
pensions
5 730
-
11 218
-
accident
588
-
2 418
-
unemployment
863
-
3 548
-
total
7 181
-
17 184
-
Corporate
119 582
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.

107 624
145 800
-
-
total
107 624
145 800
-
-
Dividends
11 958
16 200
-
-
withholding
2 272
3 078
-
-
total
2 272
3 078
-
-
Income
162 000
162 000
162 000
162 000
Total tax
129 914
148 878
74 615
51 193
After tax
32 086
13 122
87 385
110 807
Living cost
22 400
22 400
22 400
22 400
Free-cash
9 686
-9 278
64 985
88 407

Estimated living cost  is ₽22400 per week

₽16417
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.
₽468
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4275
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽145760
₽121460
₽152240
₽144233
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
10 174
-
162 000
-
income
2 035
-
32 400
-
total
2 035
-
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%.

151 826
162 000
-
-
total
-
-
-
-
Dividends
151 826
162 000
-
-
withholding
7 592
8 100
-
-
total
7 592
8 100
-
-
Income
162 000
162 000
162 000
162 000
Total tax
9 627
8 100
32 400
1 620
After tax
152 373
153 900
129 600
160 380
Living cost
8 140
8 140
8 140
8 140
Free-cash
144 233
145 760
121 460
152 240

Estimated living cost  is ₽8140 per week

₽5044
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽677
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽224
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2195
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽92221
₽65382
₽60932
₽85427
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
23 569
other
-
-
-
7 264
health
-
-
-
6 730
pensions

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

-
-
-
36 706
total
-
-
-
74 269
Employee
36 518
-
129 395
-
unemployment
365
-
1 294
-
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.

2 556
-
9 058
-
income
6 287
-
25 052
-
health
512
-
1 811
-
total
9 720
-
37 215
-
Employer
36 518
-
129 395
-
health
512
-
1 811
-
pensions

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

6 209
-
21 997
-
accident
292
-
1 034
-
unemployment
365
-
1 294
-
other
1 827
-
6 468
-
total
9 205
-
32 604
-
Corporate
116 279
162 000
-
-
income
24 419
34 021
-
-
total
24 419
34 021
-
-
Dividends
91 861
127 979
-
-
withholding
6 430
8 959
-
-
total
6 430
8 959
-
-
Income
162 000
162 000
162 000
162 000
Total tax
49 774
42 980
69 819
74 269
After tax
112 226
119 020
92 181
87 731
Living cost
26 799
26 799
26 799
26 799
Free-cash
85 427
92 221
65 382
60 932

Estimated living cost  is ₽26799 per week

₽18935
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1809
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.
₽5623
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽40704
₽26884
₽41626
₽40788
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
44 802
pensions
-
-
-
8 713
total
-
-
-
53 515
Employee
94 595
-
141 648
-
pensions
9 126
-
10 819
-
income
17 052
-
34 976
-
health
1 559
-
2 110
-
total
27 737
-
47 905
-
Employer
94 595
-
141 648
-
health
1 797
-
2 690
-
pensions
11 169
-
17 662
-
total
12 966
-
20 352
-
Corporate
54 439
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.

10 343
30 779
-
-
total
10 343
30 779
-
-
Dividends
44 096
131 221
-
-
withholding
3 307
23 658
-
-
total
3 307
23 658
-
-
Income
162 000
162 000
162 000
162 000
Total tax
54 353
54 437
68 257
53 515
After tax
107 647
107 563
93 743
108 485
Living cost
66 859
66 859
66 859
66 859
Free-cash
40 788
40 704
26 884
41 626

Estimated living cost  is ₽66859 per week

₽50099
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽7856
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽544
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8362
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽125305
₽121289
₽115102
₽120625
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
24 300
unemployment
-
-
-
141
health
-
-
-
4 046
pensions

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

-
-
-
5 206
total
-
-
-
33 693
Employee
17 485
-
155 098
-
accident

We are using the highest rate at 1.1%.

193
-
387
-
pensions

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

1 535
-
3 089
-
income
1 748
-
15 510
-
health
804
-
1 618
-
total
4 280
-
20 604
-
Employer
17 485
-
155 098
-
health
1 207
-
2 427
-
pensions

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

1 927
-
3 877
-
accident

We are using the highest rate at 1.1%.

193
-
387
-
unemployment
105
-
211
-
total
3 432
-
6 902
-
Corporate
141 084
162 000
-
-
income
14 109
16 200
-
-
total
14 109
16 200
-
-
Dividends
126 976
145 800
-
-
withholding
6 349
7 290
-
-
total
6 349
7 290
-
-
Income
162 000
162 000
162 000
162 000
Total tax
28 170
23 490
27 506
33 693
After tax
133 830
138 510
134 494
128 307
Living cost
13 205
13 205
13 205
13 205
Free-cash
120 625
125 305
121 289
115 102

Estimated living cost  is ₽13205 per week

₽7709
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽943
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽350
Clothing and shoes. We estimate one pair of shoes and 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 Varna model

Close
Amsterdam , Netherlands
₽24208
₽43798
₽34721
₽26739
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
47 323
health
-
-
-
12 402
pensions
-
-
-
11 784
total
-
-
-
71 509
Employee
93 245
85 887
143 309
-
pensions
11 784
11 784
11 784
-
income

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

14 058
14 058
19 555
-
health
11 633
11 213
12 402
-
total
37 475
37 055
43 741
-
Employer
93 245
85 887
143 309
-
health
6 480
5 970
7 419
-
pensions
6 489
5 978
7 430
-
unemployment
3 357
3 092
3 842
-
total
16 326
15 040
18 691
-
Corporate
52 428
61 073
-
-
income
10 486
12 215
-
-
total
10 486
12 215
-
-
Dividends
41 943
48 858
-
-
income
8 913
10 383
-
-
withholding
6 291
7 329
-
-
total
15 204
17 712
-
-
Income
162 000
162 000
162 000
162 000
Total tax
79 491
82 022
62 432
71 509
After tax
82 509
79 978
99 568
90 491
Living cost
55 770
55 770
55 770
55 770
Free-cash
26 739
24 208
43 798
34 721

Estimated living cost  is ₽55770 per week

₽41140
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4981
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽639
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9010
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Amsterdam model

Close
Brno , Czech Republic
₽86544
₽57216
₽63548
₽77627
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
15 625
social contributions
-
-
-
35 964
solidarity contribution
-
-
-
-
health
-
-
-
21 870
total
-
-
-
73 459
Employee
36 754
-
120 895
-
solidarity contribution
-
-
-
-
social contributions
2 389
-
7 858
-
income
4 411
-
14 507
-
health
4 962
-
16 321
-
total
11 762
-
38 686
-
Employer
36 754
-
120 895
-
health
3 308
-
10 881
-
social contributions
9 189
-
30 224
-
total
12 497
-
41 105
-
Corporate
112 749
162 000
-
-
income
21 422
30 780
-
-
total
21 422
30 780
-
-
Dividends
91 327
131 220
-
-
withholding
13 699
19 683
-
-
total
13 699
19 683
-
-
Income
162 000
162 000
162 000
162 000
Total tax
59 380
50 463
79 791
73 459
After tax
102 620
111 537
82 209
88 541
Living cost
24 993
24 993
24 993
24 993
Free-cash
77 627
86 544
57 216
63 548

Estimated living cost  is ₽24993 per week

₽17360
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.
₽492
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5363
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽43994
₽28552
₽35872
₽38745
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
41 667
regional
-
-
-
1 896
municipal
-
-
-
962
national
-
-
-
39 164
total
-
-
-
83 689
Employee
89 385
-
162 000
-
municipal
473
-
859
-
national
15 488
-
33 851
-
regional
843
-
1 673
-
social contributions
30 141
-
54 626
-
total
46 945
-
91 009
-
Employer
89 385
-
162 000
-
total
-
-
-
-
Corporate
72 615
162 000
-
-
municipal
2 832
6 317
-
-
nationa
17 427
38 880
-
-
total
20 259
45 197
-
-
Dividends
52 356
116 803
-
-
withholding
13 612
30 370
-
-
total
13 612
30 370
-
-
Income
162 000
162 000
162 000
162 000
Total tax
80 816
75 567
91 009
83 689
After tax
81 184
86 433
70 991
78 311
Living cost
42 439
42 439
42 439
42 439
Free-cash
38 745
43 994
28 552
35 872

Estimated living cost  is ₽42439 per week

₽29583
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2783
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽651
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9421
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽79703
₽48410
₽54668
₽76574
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
42 304
other
-
-
-
-
surtax
-
-
-
6 230
unemployment
-
-
-
229
health
-
-
-
9 530
pensions
-
-
-
26 846
total
-
-
-
85 139
Employee
33 259
-
133 829
-
other
-
-
-
-
unemployment
2 315
-
9 314
-
pensions
2 218
-
8 926
-
surtax
109
-
5 218
-
income
5 575
-
36 355
-
health
849
-
3 413
-
total
11 066
-
63 226
-
Employer
33 259
-
133 829
-
health
1 514
-
6 088
-
pensions
4 434
-
17 840
-
unemployment
1 054
-
4 243
-
other
-
-
-
-
total
7 002
-
28 171
-
Corporate
121 740
162 000
-
-
income
31 652
42 121
-
-
total
31 652
42 121
-
-
Dividends
90 088
119 879
-
-
withholding
13 513
17 983
-
-
total
13 513
17 983
-
-
Income
162 000
162 000
162 000
162 000
Total tax
63 233
60 104
91 397
85 139
After tax
98 767
101 896
70 603
76 861
Living cost
22 193
22 193
22 193
22 193
Free-cash
76 574
79 703
48 410
54 668

Estimated living cost  is ₽22193 per week

₽13570
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2048
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽512
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6064
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽61887
₽48067
₽62809
₽67836
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
44 802
pensions
-
-
-
8 713
total
-
-
-
53 515
Employee
63 395
-
141 648
-
pensions
5 381
-
10 819
-
income
11 418
-
34 976
-
health
920
-
2 110
-
total
17 719
-
47 905
-
Employer
63 395
-
141 648
-
health
1 204
-
2 690
-
pensions
6 863
-
17 662
-
total
8 067
-
20 352
-
Corporate
90 538
162 000
-
-
income

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

17 202
30 779
-
-
total
17 202
30 779
-
-
Dividends
73 336
131 221
-
-
withholding
5 500
23 658
-
-
total
5 500
23 658
-
-
Income
162 000
162 000
162 000
162 000
Total tax
48 488
54 437
68 257
53 515
After tax
113 512
107 563
93 743
108 485
Living cost
45 676
45 676
45 676
45 676
Free-cash
67 836
61 887
48 067
62 809

Estimated living cost  is ₽45676 per week

₽34220
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3424
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽478
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7554
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽5666
₽44632
₽52507
₽28453
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
162 000
other

This will depend on a canton and a chosen fund. The rate is between 0.3% and 3.4% with a maximum base of 148,200 CHF. We use 2% as an average rate.

-
-
-
3 240
regional
-
-
-
7 437
health
-
-
-
365
city
-
-
-
1 708
national
-
-
-
2 096
pensions
-
-
-
14 902
total
-
-
-
29 748
Employee
93 322
-
144 998
-
unemployment
-
-
-
-
pensions
7 840
-
12 180
-
national
442
-
1 723
-
regional
3 056
-
6 429
-
city
1 002
-
1 559
-
health
211
-
326
-
total
12 551
-
22 217
-
Employer
93 322
-
144 998
-
health
211
-
326
-
pensions
7 840
-
12 180
-
unemployment
-
-
-
-
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.

1 866
-
2 900
-
total
9 917
-
15 406
-
Corporate
57 735
162 000
-
-
regional
12 211
34 263
-
-
national
4 907
13 770
-
-
total
17 118
48 033
-
-
Dividends
40 616
113 967
-
-
withholding
14 216
39 888
-
-
total
14 216
39 888
-
-
Income
162 000
162 000
162 000
162 000
Total tax
53 802
87 921
37 623
29 748
After tax
108 198
74 079
124 377
132 252
Living cost
79 745
79 745
79 745
79 745
Free-cash
28 453
-5 666
44 632
52 507

Estimated living cost  is ₽79745 per week

₽51857
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽7156
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽979
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽19752
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽33990
₽57999
₽38235
₽50299
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
income

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

-
-
-
48 394
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.

-
-
-
2 662
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.

-
-
-
6 871
trade
-
-
-
19 764
total
-
-
-
77 691
Employee

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

60 444
-
162 000
-
surtax

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

391
-
2 662
-
income

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

7 108
-
48 394
-
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.

6 871
-
6 871
-
total
14 370
-
57 927
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
101 556
162 000
-
-
income
15 234
24 300
-
-
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.

838
1 336
-
-
chamber of commerce
296
380
-
-
trade
17 418
27 783
-
-
total
33 786
53 799
-
-
Dividends
67 770
108 201
-
-
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.

910
1 468
-
-
withholding
16 561
26 669
-
-
total
17 471
28 137
-
-
Income
162 000
162 000
162 000
162 000
Total tax
65 627
81 936
57 927
77 691
After tax
96 373
80 064
104 073
84 309
Living cost
46 074
46 074
46 074
46 074
Free-cash
50 299
33 990
57 999
38 235

Estimated living cost  is ₽46074 per week

₽33650
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3685
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽599
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8140
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽47240
₽56303
₽57128
₽53180
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
24 118
other
-
-
-
5 022
surtax
-
-
-
-
social contributions
-
-
-
4 615
health
-
-
-
6 377
pensions
-
-
-
30 330
total
-
-
-
70 462
Employee
43 044
-
126 376
-
pensions
4 867
-
8 373
-
surtax
-
-
-
-
social contributions
1 227
-
3 600
-
income
2 540
-
23 689
-
total
8 634
-
35 662
-
Employer
43 044
-
126 376
-
health
3 014
-
11 203
-
pensions
7 071
-
14 170
-
unemployment
1 743
-
5 119
-
social contributions
130
-
380
-
other
1 485
-
4 753
-
total
13 443
-
35 625
-
Corporate
105 513
162 000
-
-
income
29 543
45 360
-
-
surtax
-
-
-
-
total
29 543
45 360
-
-
Dividends
75 970
116 640
-
-
surtax
-
-
-
-
social contributions
13 066
20 061
-
-
withholding
9 724
14 929
-
-
total
22 790
34 990
-
-
Income
162 000
162 000
162 000
162 000
Total tax
74 410
80 350
71 287
70 462
After tax
87 590
81 650
90 713
91 538
Living cost
34 410
34 410
34 410
34 410
Free-cash
53 180
47 240
56 303
57 128

Estimated living cost  is ₽34410 per week

₽21697
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2798
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽586
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9331
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽50649
₽59712
₽60537
₽56234
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
24 118
other
-
-
-
5 022
surtax
-
-
-
-
social contributions
-
-
-
4 615
health
-
-
-
6 377
pensions
-
-
-
30 330
total
-
-
-
70 462
Employee
38 423
-
126 376
-
pensions
4 346
-
8 373
-
surtax
-
-
-
-
social contributions
1 096
-
3 600
-
income
1 981
-
23 689
-
total
7 423
-
35 662
-
Employer
38 423
-
126 376
-
health
2 689
-
11 203
-
pensions
6 314
-
14 170
-
unemployment
1 556
-
5 119
-
social contributions
115
-
380
-
other
1 326
-
4 753
-
total
12 000
-
35 625
-
Corporate
111 577
162 000
-
-
income
31 242
45 360
-
-
surtax
-
-
-
-
total
31 242
45 360
-
-
Dividends
80 336
116 640
-
-
surtax
-
-
-
-
social contributions
13 816
20 061
-
-
withholding
10 284
14 929
-
-
total
24 100
34 990
-
-
Income
162 000
162 000
162 000
162 000
Total tax
74 765
80 350
71 287
70 462
After tax
87 235
81 650
90 713
91 538
Living cost
31 001
31 001
31 001
31 001
Free-cash
56 234
50 649
59 712
60 537

Estimated living cost  is ₽31001 per week

₽17979
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3149
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽588
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9285
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽77508
₽79814
₽82710
₽78028
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
24 300
social contributions
-
-
-
22 355
health
-
-
-
11 308
total
-
-
-
57 963
Employee
34 101
-
162 000
-
social contributions
4 707
-
22 355
-
income
5 688
-
27 196
-
health
2 380
-
11 308
-
total
12 775
-
60 859
-
Employer
34 101
-
162 000
-
total
-
-
-
-
Corporate
127 899
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%.

6 396
8 100
-
-
total
6 396
8 100
-
-
Dividends
121 504
153 900
-
-
social contributions
16 767
21 239
-
-
withholding
18 225
23 084
-
-
health
8 482
10 742
-
-
total
43 474
55 065
-
-
Income
162 000
162 000
162 000
162 000
Total tax
62 645
63 165
60 859
57 963
After tax
99 355
98 835
101 141
104 037
Living cost
21 327
21 327
21 327
21 327
Free-cash
78 028
77 508
79 814
82 710

Estimated living cost  is ₽21327 per week

₽14272
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1315
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽491
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5247
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽54342
₽7200
₽47663
₽52784
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
41 157
surtax
-
-
-
198
unemployment
-
-
-
6 169
chamber of commerce
-
-
-
649
health
-
-
-
8 988
pensions
-
-
-
21 737
total
-
-
-
78 898
Employee
50 263
40 080
127 271
-
other
502
401
1 176
-
unemployment
1 508
1 202
3 525
-
pensions
5 147
4 103
12 032
-
income
5 722
2 956
32 492
-
health
1 945
1 552
4 546
-
total
14 824
10 214
53 771
-
Employer
50 263
40 080
127 271
-
chamber of commerce
200
160
510
-
health
1 899
1 515
4 441
-
pensions
6 308
5 031
14 746
-
accident
653
521
1 527
-
unemployment
1 508
1 202
3 525
-
surtax
198
198
198
-
payroll
1 508
1 202
3 817
-
other
2 388
1 903
5 962
-
total
14 662
11 732
34 726
-
Corporate
97 075
110 185
123 456
-
income

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

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

24 270
27 547
30 864
-
total
24 270
27 547
30 864
-
Dividends
72 806
82 639
-
-
withholding
20 021
22 726
-
-
total
20 021
22 726
-
-
Income
162 000
162 000
162 000
162 000
Total tax
73 777
72 219
119 361
78 898
After tax
88 223
89 781
42 639
83 102
Living cost
35 439
35 439
35 439
35 439
Free-cash
52 784
54 342
7 200
47 663

Estimated living cost  is ₽35439 per week

₽23636
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3023
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽582
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8197
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽53961
₽21209
₽33464
₽38876
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
communal

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

-
-
-
8 215
social contributions
-
-
-
25 075
national
-
-
-
58 575
total
-
-
-
91 865
Employee

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

71 942
-
125 473
-
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.

626
-
1 092
-
communal

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

3 752
-
6 545
-
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.

5 396
-
9 411
-
national
22 118
-
44 648
-
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.

3 380
-
5 898
-
total
35 272
-
67 594
-
Employer

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

71 942
-
125 473
-
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.

4 424
-
7 716
-
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.

6 375
-
11 118
-
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.

935
-
1 630
-
unemployment

Reference earnings are 100% of the insured person's gross earnings for white-collar workers and 108% of the insured person's gross earnings for blue-collar workers.

1 050
-
1 832
-
surtax
8 157
-
14 230
-
total
20 941
-
36 526
-
Corporate
69 117
162 000
-
-
income
13 824
32 400
-
-
surtax
277
649
-
-
total
14 101
33 049
-
-
Dividends
55 016
128 951
-
-
withholding

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

16 139
38 319
-
-
total
16 139
38 319
-
-
Income
162 000
162 000
162 000
162 000
Total tax
86 453
71 368
104 120
91 865
After tax
75 547
90 632
57 880
70 135
Living cost
36 671
36 671
36 671
36 671
Free-cash
38 876
53 961
21 209
33 464

Estimated living cost  is ₽36671 per week

₽23621
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3206
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽574
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9270
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽71844
₽50542
₽54760
₽64677
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
840
income
-
-
-
42 950
other
-
-
-
94
unemployment
-
-
-
653
pensions
-
-
-
26 381
total
-
-
-
70 918
Employee
50 064
-
132 281
-
other
50
-
94
-
unemployment
777
-
1 445
-
pensions
2 353
-
4 382
-
income
10 563
-
39 497
-
total
13 743
-
45 418
-
Employer
50 064
-
132 281
-
pensions
11 814
-
22 000
-
accident
991
-
1 846
-
unemployment
2 754
-
5 126
-
other
399
-
746
-
total
15 958
-
29 718
-
Corporate
95 979
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.

14 397
24 300
-
-
total
14 397
24 300
-
-
Dividends
81 582
137 700
-
-
withholding
16 903
29 534
-
-
total
16 903
29 534
-
-
Income
162 000
162 000
162 000
162 000
Total tax
61 001
53 834
75 136
70 918
After tax
100 999
108 166
86 864
91 082
Living cost
36 322
36 322
36 322
36 322
Free-cash
64 677
71 844
50 542
54 760

Estimated living cost  is ₽36322 per week

₽26747
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2577
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽523
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6474
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽41022
₽33593
₽27136
₽28887
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
communal
-
-
-
10 238
accident
-
-
-
1 367
income
-
-
-
24 908
surtax
-
-
-
8 031
health
-
-
-
11 383
pensions
-
-
-
24 281
total
-
-
-
80 208
Employee
76 164
-
144 706
-
pensions
6 092
-
11 576
-
surtax
4 668
-
8 869
-
income
7 357
-
29 573
-
health
3 390
-
6 440
-
total
21 507
-
56 458
-
Employer
76 164
-
144 706
-
health
2 323
-
4 415
-
pensions
6 092
-
11 576
-
accident
685
-
1 302
-
total
9 100
-
17 293
-
Corporate
76 735
162 000
-
-
communal
5 180
10 934
-
-
income
11 511
24 300
-
-
surtax
805
1 701
-
-
total
17 496
36 935
-
-
Dividends
59 239
125 065
-
-
income
21 468
10 627
-
-
withholding
8 886
18 760
-
-
total
30 354
29 387
-
-
Income
162 000
162 000
162 000
162 000
Total tax
78 457
66 322
73 751
80 208
After tax
83 543
95 678
88 249
81 792
Living cost
54 656
54 656
54 656
54 656
Free-cash
28 887
41 022
33 593
27 136

Estimated living cost  is ₽54656 per week

₽41000
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3311
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽578
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9764
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽79306
₽48013
₽54271
₽76109
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
42 304
other
-
-
-
-
surtax
-
-
-
6 230
unemployment
-
-
-
229
health
-
-
-
9 530
pensions
-
-
-
26 846
total
-
-
-
85 139
Employee
33 870
-
133 829
-
other
-
-
-
-
unemployment
2 357
-
9 314
-
pensions
2 260
-
8 926
-
surtax
120
-
5 218
-
income
5 678
-
36 355
-
health
865
-
3 413
-
total
11 280
-
63 226
-
Employer
33 870
-
133 829
-
health
1 540
-
6 088
-
pensions
4 516
-
17 840
-
unemployment
1 075
-
4 243
-
other
-
-
-
-
total
7 131
-
28 171
-
Corporate
120 999
162 000
-
-
income
31 459
42 121
-
-
total
31 459
42 121
-
-
Dividends
89 540
119 879
-
-
withholding
13 431
17 983
-
-
total
13 431
17 983
-
-
Income
162 000
162 000
162 000
162 000
Total tax
63 301
60 104
91 397
85 139
After tax
98 699
101 896
70 603
76 861
Living cost
22 590
22 590
22 590
22 590
Free-cash
76 109
79 306
48 013
54 271

Estimated living cost  is ₽22590 per week

₽13639
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1964
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽525
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6464
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽58060
₽43390
₽50672
₽55823
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
41 667
regional
-
-
-
2 442
municipal
-
-
-
962
national
-
-
-
39 164
total
-
-
-
84 235
Employee
55 790
-
162 000
-
municipal
296
-
859
-
national
8 839
-
33 851
-
regional
751
-
2 181
-
social contributions
18 813
-
54 626
-
total
28 699
-
91 517
-
Employer
55 790
-
162 000
-
total
-
-
-
-
Corporate
106 210
162 000
-
-
municipal
5 279
8 050
-
-
nationa
25 491
38 880
-
-
total
30 770
46 930
-
-
Dividends
75 439
115 070
-
-
withholding
19 615
29 917
-
-
total
19 615
29 917
-
-
Income
162 000
162 000
162 000
162 000
Total tax
79 084
76 847
91 517
84 235
After tax
82 916
85 153
70 483
77 765
Living cost
27 093
27 093
27 093
27 093
Free-cash
55 823
58 060
43 390
50 672

Estimated living cost  is ₽27093 per week

₽16849
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2745
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.
₽7035
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽80739
₽51411
₽57743
₽69752
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
15 625
social contributions
-
-
-
35 964
solidarity contribution
-
-
-
-
health
-
-
-
21 870
total
-
-
-
73 459
Employee
45 291
-
120 895
-
solidarity contribution
-
-
-
-
social contributions
2 944
-
7 858
-
income
5 435
-
14 507
-
health
6 114
-
16 321
-
total
14 493
-
38 686
-
Employer
45 291
-
120 895
-
health
4 076
-
10 881
-
social contributions
11 323
-
30 224
-
total
15 399
-
41 105
-
Corporate
101 310
162 000
-
-
income
19 249
30 780
-
-
total
19 249
30 780
-
-
Dividends
82 061
131 220
-
-
withholding
12 309
19 683
-
-
total
12 309
19 683
-
-
Income
162 000
162 000
162 000
162 000
Total tax
61 450
50 463
79 791
73 459
After tax
100 550
111 537
82 209
88 541
Living cost
30 798
30 798
30 798
30 798
Free-cash
69 752
80 739
51 411
57 743

Estimated living cost  is ₽30798 per week

₽22903
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1706
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽533
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5656
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽57803
₽10610
₽51213
₽57302
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
41 157
surtax
-
-
-
-
unemployment
-
-
-
6 169
chamber of commerce
-
-
-
649
health
-
-
-
8 988
pensions
-
-
-
21 737
total
-
-
-
78 700
Employee
43 964
40 080
127 458
-
other
439
401
1 176
-
unemployment
1 319
1 202
3 525
-
pensions
4 502
4 103
12 032
-
income
3 916
2 956
32 572
-
health
1 701
1 552
4 546
-
total
11 877
10 214
53 851
-
Employer
43 964
40 080
127 458
-
chamber of commerce
176
160
510
-
health
1 662
1 515
4 441
-
pensions
5 518
5 031
14 746
-
accident
571
521
1 527
-
unemployment
1 319
1 202
3 525
-
surtax
-
-
-
-
payroll
1 319
1 202
3 823
-
other
2 088
1 903
5 968
-
total
12 653
11 534
34 540
-
Corporate
105 384
110 384
123 643
-
income

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

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

26 346
27 596
30 912
-
total
26 346
27 596
30 912
-
Dividends
79 038
82 788
-
-
withholding
21 735
22 766
-
-
total
21 735
22 766
-
-
Income
162 000
162 000
162 000
162 000
Total tax
72 611
72 110
119 303
78 700
After tax
89 389
89 890
42 697
83 300
Living cost
32 087
32 087
32 087
32 087
Free-cash
57 302
57 803
10 610
51 213

Estimated living cost  is ₽32087 per week

₽19248
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3277
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽573
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8989
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽141216
₽116916
₽147696
₽138838
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
15 855
-
162 000
-
income
3 171
-
32 400
-
total
3 171
-
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%.

146 145
162 000
-
-
total
-
-
-
-
Dividends
146 145
162 000
-
-
withholding
7 307
8 100
-
-
total
7 307
8 100
-
-
Income
162 000
162 000
162 000
162 000
Total tax
10 478
8 100
32 400
1 620
After tax
151 522
153 900
129 600
160 380
Living cost
12 684
12 684
12 684
12 684
Free-cash
138 838
141 216
116 916
147 696

Estimated living cost  is ₽12684 per week

₽8583
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽532
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽425
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3142
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽84561
₽48625
₽52915
₽76148
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
income
-
-
-
36 341
unemployment
-
-
-
242
health
-
-
-
15 941
pensions
-
-
-
29 585
total
-
-
-
82 109
Employee

The minimum monthly earnings used to calculate contributions are 54% (gradually rising by two percent until reaching 60% by 2021) of the insured's average monthly wage in the last year.

44 474
-
140 175
-
unemployment
63
-
197
-
pensions
6 894
-
21 727
-
income
7 670
-
33 596
-
health
2 872
-
9 054
-
total
17 499
-
64 574
-
Employer

The minimum monthly earnings used to calculate contributions are 54% (gradually rising by two percent until reaching 60% by 2021) of the insured's average monthly wage in the last year.

44 474
-
140 175
-
health
2 962
-
9 335
-
pensions
3 936
-
12 406
-
unemployment
27
-
84
-
total
6 925
-
21 825
-
Corporate
110 601
162 000
-
-
income
21 014
30 780
-
-
total
21 014
30 780
-
-
Dividends
89 588
131 220
-
-
withholding
13 438
19 683
-
-
total
13 438
19 683
-
-
Income
162 000
162 000
162 000
162 000
Total tax
58 876
50 463
86 399
82 109
After tax
103 124
111 537
75 601
79 891
Living cost
26 976
26 976
26 976
26 976
Free-cash
76 148
84 561
48 625
52 915

Estimated living cost  is ₽26976 per week

₽18513
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1729
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽523
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6212
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽54558
₽104581
₽67952
₽6050
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
31 577
social contributions
-
-
-
18 468
total
-
-
-
50 045
Employee
63 094
-
-
-
social contributions
5 174
-
737
-
income
13 917
-
-
-
total
19 091
-
737
-
Employer
63 094
-
-
-
social contributions
88 963
-
12 679
-
total
88 963
-
12 679
-
Corporate
9 942
162 000
-
-
income
2 187
35 640
-
-
total
2 187
35 640
-
-
Dividends
7 755
126 360
-
-
income
1 706
27 799
-
-
total
1 706
27 799
-
-
Income
162 000
162 000
162 000
162 000
Total tax
111 947
63 439
13 416
50 045
After tax
50 053
98 561
148 584
111 955
Living cost
44 003
44 003
44 003
44 003
Free-cash
6 050
54 558
104 581
67 952

Estimated living cost  is ₽44003 per week

₽28551
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4138
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽561
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10753
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽60598
₽43901
₽55774
₽59587
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
income
-
-
-
18 383
surtax
-
-
-
-
social contributions

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

-
-
-
56 296
total
-
-
-
74 679
Employee
46 257
-
130 909
-
surtax
-
-
-
-
social contributions
5 088
-
14 400
-
income
9 622
-
41 061
-
total
14 710
-
55 461
-
Employer
46 257
-
130 909
-
social contributions
10 986
-
31 091
-
total
10 986
-
31 091
-
Corporate
104 758
162 000
-
-
income
21 998
34 021
-
-
surtax
-
-
-
-
total
21 998
34 021
-
-
Dividends
82 759
127 979
-
-
withholding
23 172
35 834
-
-
total
23 172
35 834
-
-
Income
162 000
162 000
162 000
162 000
Total tax
70 866
69 855
86 552
74 679
After tax
91 134
92 145
75 448
87 321
Living cost
31 547
31 547
31 547
31 547
Free-cash
59 587
60 598
43 901
55 774

Estimated living cost  is ₽31547 per week

₽23604
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1861
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽527
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5556
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽33074
₽42137
₽42962
₽39984
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
24 118
other
-
-
-
5 022
surtax
-
-
-
-
social contributions
-
-
-
4 615
health
-
-
-
6 377
pensions
-
-
-
30 330
total
-
-
-
70 462
Employee
62 992
-
126 376
-
pensions
7 125
-
8 373
-
surtax
-
-
-
-
social contributions
1 794
-
3 600
-
income
5 496
-
23 689
-
total
14 415
-
35 662
-
Employer
62 992
-
126 376
-
health
4 409
-
11 203
-
pensions
10 350
-
14 170
-
unemployment
2 552
-
5 119
-
social contributions
189
-
380
-
other
2 174
-
4 753
-
total
19 674
-
35 625
-
Corporate
79 334
162 000
-
-
income
22 214
45 360
-
-
surtax
-
-
-
-
total
22 214
45 360
-
-
Dividends
57 120
116 640
-
-
surtax
-
-
-
-
social contributions
9 825
20 061
-
-
withholding
7 312
14 929
-
-
total
17 137
34 990
-
-
Income
162 000
162 000
162 000
162 000
Total tax
73 440
80 350
71 287
70 462
After tax
88 560
81 650
90 713
91 538
Living cost
48 576
48 576
48 576
48 576
Free-cash
39 984
33 074
42 137
42 962

Estimated living cost  is ₽48576 per week

₽32876
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3974
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽666
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽11060
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽115568
₽93906
₽89598
₽112190
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
162 000
income
-
-
-
6 529
social contributions
-
-
-
35 641
total
-
-
-
42 170
Employee
32 334
-
140 259
-
income
-
-
7 006
-
social contributions
2 101
-
9 117
-
total
2 101
-
16 123
-
Employer
32 334
-
140 259
-
social contributions
5 012
-
21 739
-
total
5 012
-
21 739
-
Corporate
124 654
162 000
-
-
income
12 465
16 200
-
-
total
12 465
16 200
-
-
Dividends
112 189
145 800
-
-
total
-
-
-
-
Income
162 000
162 000
162 000
162 000
Total tax
19 578
16 200
37 862
42 170
After tax
142 422
145 800
124 138
119 830
Living cost
30 232
30 232
30 232
30 232
Free-cash
112 190
115 568
93 906
89 598

Estimated living cost  is ₽30232 per week

₽19548
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2279
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽569
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7837
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽57026
-₽57026
₽48002
-₽57026
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
labour market
-
-
-
12 890
municipal
-
-
-
33 298
national
-
-
-
18 525
pensions
-
-
-
871
total
-
-
-
65 584
Employee
204 345
204 345
204 345
-
municipal
43 514
43 514
43 514
-
labour market
16 324
16 324
16 324
-
pensions
290
290
290
-
national
24 964
24 964
24 964
-
total
85 092
85 092
85 092
-
Employer
204 345
204 345
204 345
-
national
25 008
25 008
25 008
-
labour market
16 348
16 348
16 348
-
pensions
581
581
581
-
municipal
43 583
43 583
43 583
-
total
85 520
85 520
85 520
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
162 000
162 000
162 000
162 000
Total tax
170 612
170 612
170 612
65 584
After tax
-8 612
-8 612
-8 612
96 416
Living cost
48 414
48 414
48 414
48 414
Free-cash
-57 026
-57 026
-57 026
48 002

Estimated living cost  is ₽48414 per week

₽33135
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4283
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽745
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10252
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽8948
₽65315
₽88737
₽9736
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
257
income
-
-
-
44 102
other
-
-
-
377
health
-
-
-
2 221
pensions
-
-
-
4 236
total
-
-
-
51 193
Employee
34 717
-
144 816
-
pensions
3 909
-
7 768
-
income
4 763
-
33 081
-
health
3 975
-
16 582
-
total
12 647
-
57 431
-
Employer
34 717
-
144 816
-
pensions
5 645
-
11 218
-
accident
580
-
2 418
-
unemployment
851
-
3 548
-
total
7 076
-
17 184
-
Corporate
120 207
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.

108 187
145 800
-
-
total
108 187
145 800
-
-
Dividends
12 021
16 200
-
-
withholding
2 284
3 078
-
-
total
2 284
3 078
-
-
Income
162 000
162 000
162 000
162 000
Total tax
130 194
148 878
74 615
51 193
After tax
31 806
13 122
87 385
110 807
Living cost
22 070
22 070
22 070
22 070
Free-cash
9 736
-8 948
65 315
88 737

Estimated living cost  is ₽22070 per week

₽16064
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1258
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽414
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4333
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽63842
₽47332
₽68077
₽66005
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
2 075
municipal
-
-
-
28 787
national
-
-
-
24 448
total
-
-
-
55 310
Employee
52 914
-
136 284
-
municipal
8 667
-
22 205
-
unemployment
794
-
2 044
-
pensions
3 571
-
9 199
-
national
874
-
15 209
-
health
395
-
1 680
-
total
14 301
-
50 337
-
Employer
52 914
-
136 284
-
health
407
-
1 050
-
pensions
9 180
-
23 646
-
accident
53
-
136
-
unemployment
344
-
886
-
total
9 984
-
25 718
-
Corporate
99 102
162 000
-
-
income
19 821
32 400
-
-
total
19 821
32 400
-
-
Dividends

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

59 461
97 200
-
-
municipal
10 703
17 496
-
-
national
2 573
9 649
-
-
total
13 276
27 145
-
-
Income
162 000
162 000
162 000
162 000
Total tax
57 382
59 545
76 055
55 310
After tax
104 618
102 455
85 945
106 690
Living cost
38 613
38 613
38 613
38 613
Free-cash
66 005
63 842
47 332
68 077

Estimated living cost  is ₽38613 per week

₽25222
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3714
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽615
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9064
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽94942
₽86734
₽88201
₽89470
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
30 110
social contributions
-
-
-
16 273
health
-
-
-
4 130
total
-
-
-
50 513
Employee
77 337
77 337
150 558
-
social contributions
2 924
6 419
8 657
-
income
8 421
7 159
29 322
-
health
599
1 315
2 559
-
total
11 944
14 893
40 538
-
Employer
77 337
77 337
150 558
-
health
651
1 431
2 785
-
social contributions
2 924
6 419
8 657
-
total
3 575
7 850
11 442
-
Corporate
123 195
76 813
-
-
income
15 399
9 602
-
-
total
15 399
9 602
-
-
Dividends
107 797
67 211
-
-
withholding
18 326
11 427
-
-
total
18 326
11 427
-
-
Income
162 000
162 000
162 000
162 000
Total tax
49 244
43 772
51 980
50 513
After tax
112 756
118 228
110 020
111 487
Living cost
23 286
23 286
23 286
23 286
Free-cash
89 470
94 942
86 734
88 201

Estimated living cost  is ₽23286 per week

₽13956
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2285
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽515
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6531
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽118183
₽99436
₽119608
₽113069
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
income
-
-
-
16 357
unemployment
-
-
-
29
health
-
-
-
3 640
pensions
-
-
-
6 398
total
-
-
-
26 424
Employee

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

23 085
-
152 171
-
unemployment
115
-
477
-
pensions
3 462
-
14 314
-
income
1 578
-
13 864
-
health
1 962
-
8 112
-
total
7 117
-
36 767
-
Employer

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

23 085
-
152 171
-
health
992
-
4 103
-
pensions
1 269
-
5 249
-
unemployment
115
-
477
-
total
2 376
-
9 829
-
Corporate
136 538
162 000
-
-
income
12 288
14 580
-
-
total
12 288
14 580
-
-
Dividends
124 251
147 420
-
-
withholding
11 182
13 269
-
-
total
11 182
13 269
-
-
Income
162 000
162 000
162 000
162 000
Total tax
32 963
27 849
46 596
26 424
After tax
129 037
134 151
115 404
135 576
Living cost
15 968
15 968
15 968
15 968
Free-cash
113 069
118 183
99 436
119 608

Estimated living cost  is ₽15968 per week

₽10188
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1151
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.
₽4153
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽80509
₽59207
₽63425
₽76068
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
840
income
-
-
-
42 950
other
-
-
-
94
unemployment
-
-
-
653
pensions
-
-
-
26 381
total
-
-
-
70 918
Employee
37 188
-
132 281
-
other
36
-
94
-
unemployment
576
-
1 445
-
pensions
1 748
-
4 382
-
income
7 170
-
39 497
-
total
9 530
-
45 418
-
Employer
37 188
-
132 281
-
pensions
8 776
-
22 000
-
accident
737
-
1 846
-
unemployment
2 046
-
5 126
-
other
298
-
746
-
total
11 857
-
29 718
-
Corporate
112 955
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.

16 943
24 300
-
-
total
16 943
24 300
-
-
Dividends
96 013
137 700
-
-
withholding
19 945
29 534
-
-
total
19 945
29 534
-
-
Income
162 000
162 000
162 000
162 000
Total tax
58 275
53 834
75 136
70 918
After tax
103 725
108 166
86 864
91 082
Living cost
27 657
27 657
27 657
27 657
Free-cash
76 068
80 509
59 207
63 425

Estimated living cost  is ₽27657 per week

₽18668
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2659
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽485
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5846
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽99129
₽102051
₽102190
₽98808
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
162 000
income
-
-
-
55 386
health
-
-
-
1 036
pensions
-
-
-
1 429
total
-
-
-
57 851
Employee
2 983
-
160 393
-
unemployment
30
-
71
-
pensions
268
-
643
-
income
577
-
55 311
-
health
149
-
357
-
total
1 024
-
56 382
-
Employer
2 983
-
160 393
-
health
283
-
679
-
pensions
328
-
786
-
unemployment
60
-
143
-
total
671
-
1 608
-
Corporate
158 346
162 000
-
-
income
34 836
35 640
-
-
total
34 836
35 640
-
-
Dividends
123 510
126 360
-
-
withholding
24 702
25 272
-
-
total
24 702
25 272
-
-
Income
162 000
162 000
162 000
162 000
Total tax
61 233
60 912
57 990
57 851
After tax
100 767
101 088
104 010
104 149
Living cost
1 959
1 959
1 959
1 959
Free-cash
98 808
99 129
102 051
102 190

Estimated living cost  is ₽1959 per week

₽1164
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽159
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽45
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽591
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽99652
₽80213
₽80212
₽94703
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
income
-
-
-
36 299
unemployment
-
-
-
1 115
health
-
-
-
7 656
pensions
-
-
-
19 325
total
-
-
-
64 395
Employee

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

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

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

26 227
-
148 696
-
unemployment
197
-
557
-
pensions
3 672
-
10 406
-
income
3 615
-
36 299
-
health
1 351
-
3 828
-
total
8 835
-
51 090
-
Employer

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

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

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

26 227
-
148 696
-
health
1 351
-
3 828
-
pensions
3 147
-
8 919
-
unemployment
197
-
557
-
total
4 695
-
13 304
-
Corporate
131 078
162 000
-
-
income
19 662
24 300
-
-
total
19 662
24 300
-
-
Dividends
111 416
137 700
-
-
withholding
16 712
20 655
-
-
total
16 712
20 655
-
-
Income
162 000
162 000
162 000
162 000
Total tax
49 904
44 955
64 394
64 395
After tax
112 096
117 045
97 606
97 605
Living cost
17 393
17 393
17 393
17 393
Free-cash
94 703
99 652
80 213
80 212

Estimated living cost  is ₽17393 per week

₽11711
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1345
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.
₽3834
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽65031
₽48334
₽60207
₽64668
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
income
-
-
-
18 383
surtax
-
-
-
-
social contributions

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

-
-
-
56 296
total
-
-
-
74 679
Employee
39 035
-
130 909
-
surtax
-
-
-
-
social contributions
4 294
-
14 400
-
income
7 627
-
41 061
-
total
11 921
-
55 461
-
Employer
39 035
-
130 909
-
social contributions
9 270
-
31 091
-
total
9 270
-
31 091
-
Corporate
113 695
162 000
-
-
income
23 877
34 021
-
-
surtax
-
-
-
-
total
23 877
34 021
-
-
Dividends
89 818
127 979
-
-
withholding
25 150
35 834
-
-
total
25 150
35 834
-
-
Income
162 000
162 000
162 000
162 000
Total tax
70 218
69 855
86 552
74 679
After tax
91 782
92 145
75 448
87 321
Living cost
27 114
27 114
27 114
27 114
Free-cash
64 668
65 031
48 334
60 207

Estimated living cost  is ₽27114 per week

₽19204
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1884
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽481
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5546
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽72820
₽51518
₽55736
₽65996
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
840
income
-
-
-
42 950
other
-
-
-
94
unemployment
-
-
-
653
pensions
-
-
-
26 381
total
-
-
-
70 918
Employee
48 573
-
132 281
-
other
48
-
94
-
unemployment
752
-
1 445
-
pensions
2 283
-
4 382
-
income
10 145
-
39 497
-
total
13 228
-
45 418
-
Employer
48 573
-
132 281
-
pensions
11 463
-
22 000
-
accident
962
-
1 846
-
unemployment
2 672
-
5 126
-
other
389
-
746
-
total
15 486
-
29 718
-
Corporate
97 941
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.

14 690
24 300
-
-
total
14 690
24 300
-
-
Dividends
83 250
137 700
-
-
withholding
17 254
29 534
-
-
total
17 254
29 534
-
-
Income
162 000
162 000
162 000
162 000
Total tax
60 658
53 834
75 136
70 918
After tax
101 342
108 166
86 864
91 082
Living cost
35 346
35 346
35 346
35 346
Free-cash
65 996
72 820
51 518
55 736

Estimated living cost  is ₽35346 per week

₽25384
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2748
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽498
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6716
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽121185
₽117169
₽110982
₽115048
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
24 300
unemployment
-
-
-
141
health
-
-
-
4 046
pensions

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

-
-
-
5 206
total
-
-
-
33 693
Employee
22 941
-
155 098
-
accident

We are using the highest rate at 1.1%.

252
-
387
-
pensions

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

2 014
-
3 089
-
income
2 294
-
15 510
-
health
1 055
-
1 618
-
total
5 615
-
20 604
-
Employer
22 941
-
155 098
-
health
1 583
-
2 427
-
pensions

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

2 528
-
3 877
-
accident

We are using the highest rate at 1.1%.

252
-
387
-
unemployment
138
-
211
-
total
4 501
-
6 902
-
Corporate
134 558
162 000
-
-
income
13 456
16 200
-
-
total
13 456
16 200
-
-
Dividends
121 102
145 800
-
-
withholding
6 055
7 290
-
-
total
6 055
7 290
-
-
Income
162 000
162 000
162 000
162 000
Total tax
29 627
23 490
27 506
33 693
After tax
132 373
138 510
134 494
128 307
Living cost
17 325
17 325
17 325
17 325
Free-cash
115 048
121 185
117 169
110 982

Estimated living cost  is ₽17325 per week

₽11459
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽992
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽413
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4462
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽44569
₽65244
₽48708
₽57724
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
income

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

-
-
-
48 394
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.

-
-
-
2 662
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.

-
-
-
6 871
trade
-
-
-
16 536
total
-
-
-
74 463
Employee

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

50 042
-
162 000
-
surtax

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

227
-
2 662
-
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.

4 115
-
48 394
-
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.

6 871
-
6 871
-
total
11 213
-
57 927
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
111 958
162 000
-
-
income
16 794
24 300
-
-
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.

924
1 336
-
-
chamber of commerce
317
389
-
-
trade
16 067
23 247
-
-
total
34 102
49 272
-
-
Dividends
77 857
112 728
-
-
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.

1 050
1 529
-
-
withholding
19 082
27 801
-
-
total
20 132
29 330
-
-
Income
162 000
162 000
162 000
162 000
Total tax
65 447
78 602
57 927
74 463
After tax
96 553
83 398
104 073
87 537
Living cost
38 829
38 829
38 829
38 829
Free-cash
57 724
44 569
65 244
48 708

Estimated living cost  is ₽38829 per week

₽26785
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4178
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽563
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7302
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽56108
₽29855
₽29855
₽58330
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
48 177
social contributions
-
-
-
26 676
total
-
-
-
74 853
Employee
78 672
-
162 000
-
income
14 845
-
48 177
-
social contributions
6 536
-
26 676
-
total
21 381
-
74 853
-
Employer
78 672
-
162 000
-
total
-
-
-
-
Corporate
83 328
162 000
-
-
income
10 415
20 250
-
-
total
10 415
20 250
-
-
Dividends
72 913
141 750
-
-
withholding
14 582
28 350
-
-
total
14 582
28 350
-
-
Income
162 000
162 000
162 000
162 000
Total tax
46 378
48 600
74 853
74 853
After tax
115 622
113 400
87 147
87 147
Living cost
57 292
57 292
57 292
57 292
Free-cash
58 330
56 108
29 855
29 855

Estimated living cost  is ₽57292 per week

₽43587
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4668
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽548
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8489
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽63476
₽79602
₽90785
₽66992
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
28 629
health

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

-
-
-
6 077
total
-
-
-
34 706
Employee
46 138
-
157 374
-
income
5 006
-
36 637
-
social contributions
4 623
-
4 626
-
total
9 629
-
41 263
-
Employer
46 138
-
157 374
-
social contributions
4 623
-
4 626
-
total
4 623
-
4 626
-
Corporate
111 240
162 000
-
-
income
38 933
56 701
-
-
total
38 933
56 701
-
-
Dividends
72 306
105 299
-
-
social contributions
5 314
5 314
-
-
total
5 314
5 314
-
-
Income
162 000
162 000
162 000
162 000
Total tax
58 499
62 015
45 889
34 706
After tax
103 501
99 985
116 111
127 294
Living cost
36 509
36 509
36 509
36 509
Free-cash
66 992
63 476
79 602
90 785

Estimated living cost  is ₽36509 per week

₽24048
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2878
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽559
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9022
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽70430
₽56610
₽71352
₽76350
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
44 802
pensions
-
-
-
8 713
total
-
-
-
53 515
Employee
50 971
-
141 648
-
pensions
3 890
-
10 819
-
income
9 282
-
34 976
-
health
665
-
2 110
-
total
13 837
-
47 905
-
Employer
50 971
-
141 648
-
health
969
-
2 690
-
pensions
5 150
-
17 662
-
total
6 119
-
20 352
-
Corporate
104 911
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.

19 934
30 779
-
-
total
19 934
30 779
-
-
Dividends
84 977
131 221
-
-
withholding
8 627
23 658
-
-
total
8 627
23 658
-
-
Income
162 000
162 000
162 000
162 000
Total tax
48 517
54 437
68 257
53 515
After tax
113 483
107 563
93 743
108 485
Living cost
37 133
37 133
37 133
37 133
Free-cash
76 350
70 430
56 610
71 352

Estimated living cost  is ₽37133 per week

₽25473
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3415
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽465
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7778
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽11133
₽63130
₽86552
₽9402
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
257
income
-
-
-
44 102
other
-
-
-
377
health
-
-
-
2 221
pensions
-
-
-
4 236
total
-
-
-
51 193
Employee
38 154
-
144 816
-
pensions
4 296
-
7 768
-
income
5 234
-
33 081
-
health
4 368
-
16 582
-
total
13 898
-
57 431
-
Employer
38 154
-
144 816
-
pensions
6 204
-
11 218
-
accident
637
-
2 418
-
unemployment
935
-
3 548
-
total
7 776
-
17 184
-
Corporate
116 071
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.

104 464
145 800
-
-
total
104 464
145 800
-
-
Dividends
11 607
16 200
-
-
withholding
2 205
3 078
-
-
total
2 205
3 078
-
-
Income
162 000
162 000
162 000
162 000
Total tax
128 343
148 878
74 615
51 193
After tax
33 657
13 122
87 385
110 807
Living cost
24 255
24 255
24 255
24 255
Free-cash
9 402
-11 133
63 130
86 552

Estimated living cost  is ₽24255 per week

₽17800
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1413
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽489
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4552
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

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

Source of data for Warsaw model

Close
Skopje , Macedonia
₽122734
₽99810
₽77689
₽118027
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
26 480
unemployment
-
-
-
1 931
work injury
-
-
-
804
health insurance
-
-
-
11 905
pensions
-
-
-
29 602
total
-
-
-
70 722
Employee

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

21 742
-
162 000
-
health insurance
1 609
-
5 953
-
unemployment
261
-
965
-
work injury
109
-
402
-
pensions
4 000
-
14 801
-
income
2 174
-
26 480
-
total
8 153
-
48 601
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
140 258
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%.

1 403
1 620
-
-
total
1 403
1 620
-
-
Dividends
138 856
160 380
-
-
withholding
20 828
24 057
-
-
total
20 828
24 057
-
-
Income
162 000
162 000
162 000
162 000
Total tax
30 384
25 677
48 601
70 722
After tax
131 616
136 323
113 399
91 278
Living cost
13 589
13 589
13 589
13 589
Free-cash
118 027
122 734
99 810
77 689

Estimated living cost  is ₽13589 per week

₽8418
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽987
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽424
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3759
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Skopje model

Close
Rome , Italy
₽45265
₽29214
₽36326
₽40689
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
41 667
regional
-
-
-
3 694
municipal
-
-
-
1 082
national
-
-
-
39 164
total
-
-
-
85 607
Employee
84 751
-
162 000
-
municipal
506
-
966
-
national
14 322
-
33 851
-
regional
1 280
-
3 276
-
social contributions
28 577
-
54 626
-
total
44 685
-
92 719
-
Employer
84 751
-
162 000
-
total
-
-
-
-
Corporate
77 249
162 000
-
-
municipal
3 724
7 808
-
-
nationa
18 540
38 880
-
-
total
22 264
46 688
-
-
Dividends
54 986
115 312
-
-
withholding
14 295
29 980
-
-
total
14 295
29 980
-
-
Income
162 000
162 000
162 000
162 000
Total tax
81 244
76 668
92 719
85 607
After tax
80 756
85 332
69 281
76 393
Living cost
40 067
40 067
40 067
40 067
Free-cash
40 689
45 265
29 214
36 326

Estimated living cost  is ₽40067 per week

₽28144
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2756
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽605
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8560
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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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