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
₽63438
₽74520
₽55965
₽52925
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
surtax

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

-
-
-
2 722
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.

-
-
-
6 493
income

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

-
-
-
49 475
trade
-
-
-
18 555
total
-
-
-
77 245
Employee

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

36 355
-
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.

1 016
-
49 475
-
surtax

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

56
-
2 722
-
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.

6 493
-
6 493
-
total
7 565
-
58 690
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
125 645
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.

1 037
1 337
-
-
chamber of commerce
325
377
-
-
income
18 847
24 300
-
-
trade
19 789
25 516
-
-
total
39 998
51 530
-
-
Dividends
85 648
110 471
-
-
surtax

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

1 158
1 499
-
-
withholding
21 051
27 256
-
-
total
22 209
28 755
-
-
Income
162 000
162 000
162 000
162 000
Total tax
69 772
80 285
58 690
77 245
After tax
92 228
81 715
103 310
84 755
Living cost
28 790
28 790
28 790
28 790
Free-cash
63 438
52 925
74 520
55 965

Estimated living cost  is ₽28790 per week

₽18110
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3357
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽538
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6786
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽47648
₽44648
₽43377
₽48522
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
national
-
-
-
27 274
pensions
-
-
-
19 440
municipal
-
-
-
17 601
social contributions
-
-
-
1 742
total
-
-
-
66 057
Employee
81 487
-
140 048
-
pensions
3 259
-
5 602
-
national
15 597
-
28 246
-
municipal
10 065
-
18 228
-
total
28 921
-
52 076
-
Employer
81 487
-
140 048
-
social contributions
876
-
1 506
-
pensions
6 519
-
11 204
-
total
7 395
-
12 710
-
Corporate
67 740
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%.

13 548
32 400
-
-
total
13 548
32 400
-
-
Dividends
54 192
129 600
-
-
withholding
11 922
28 512
-
-
total
11 922
28 512
-
-
Income
162 000
162 000
162 000
162 000
Total tax
61 786
60 912
64 786
66 057
After tax
100 214
101 088
97 214
95 943
Living cost
52 566
52 566
52 566
52 566
Free-cash
47 648
48 522
44 648
43 377

Estimated living cost  is ₽52566 per week

₽35729
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4886
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽787
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽11164
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽102029
₽47567
₽35663
₽109825
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
surtax
-
-
-
41 309
income
-
-
-
28 836
microenterprise
-
-
-
-
social contributions

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

-
-
-
36 418
total
-
-
-
106 563
Employee
27 774
-
121 362
-
income
4 944
-
23 964
-
surtax
-
-
17 597
-
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.

3 056
-
12 460
-
total
8 000
-
54 021
-
Employer
27 774
-
121 362
-
social contributions

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

6 690
-
27 289
-
surtax
-
-
13 349
-
total
6 690
-
40 638
-
Corporate
127 536
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%.

25 507
32 401
-
-
total
25 507
32 401
-
-
Dividends

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

102 029
129 599
-
-
total
-
-
-
-
Income
162 000
162 000
162 000
162 000
Total tax
40 197
32 401
94 659
106 563
After tax
121 803
129 599
67 341
55 437
Living cost
19 774
19 774
19 774
19 774
Free-cash
102 029
109 825
47 567
35 663

Estimated living cost  is ₽19774 per week

₽12615
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1883
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽449
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4827
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽34484
₽60807
₽49997
₽40306
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
162 000
pensions
-
-
-
11 136
health
-
-
-
11 721
income
-
-
-
49 328
total
-
-
-
72 185
Employee
81 168
81 168
144 336
-
income

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

13 286
13 286
20 854
-
pensions
14 610
11 136
11 136
-
health
12 458
10 597
11 721
-
total
40 354
35 019
43 711
-
Employer
81 168
81 168
144 336
-
unemployment
2 922
2 922
3 631
-
health
5 642
5 642
7 011
-
pensions
5 649
5 649
7 022
-
total
14 213
14 213
17 664
-
Corporate
67 614
66 618
-
-
income
13 523
13 324
-
-
total
13 523
13 324
-
-
Dividends
54 091
53 294
-
-
income
11 495
11 326
-
-
withholding
8 113
7 994
-
-
total
19 608
19 320
-
-
Income
162 000
162 000
162 000
162 000
Total tax
87 698
81 876
61 375
72 185
After tax
74 302
80 124
100 625
89 815
Living cost
39 818
39 818
39 818
39 818
Free-cash
34 484
40 306
60 807
49 997

Estimated living cost  is ₽39818 per week

₽28218
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3589
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽633
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7377
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽49735
₽44718
₽45637
₽50585
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
162 000
unemployment
-
-
-
83
accident
-
-
-
166
national
-
-
-
13 314
pensions
-
-
-
8 971
health
-
-
-
5 179
municipal
-
-
-
41 139
other
-
-
-
9 644
total
-
-
-
78 496
Employee
53 957
-
135 924
-
national
-
-
12 806
-
municipal
16 090
-
40 533
-
total
16 090
-
53 339
-
Employer
53 957
-
135 924
-
accident
108
-
166
-
unemployment
1 424
-
2 191
-
health
3 318
-
5 104
-
pensions
5 833
-
8 971
-
other
6 270
-
9 644
-
total
16 953
-
26 076
-
Corporate
91 090
162 000
-
-
income
20 040
35 640
-
-
total
20 040
35 640
-
-
Dividends
71 050
126 360
-
-
withholding
21 315
37 908
-
-
total
21 315
37 908
-
-
Income
162 000
162 000
162 000
162 000
Total tax
74 398
73 548
79 415
78 496
After tax
87 602
88 452
82 585
83 504
Living cost
37 867
37 867
37 867
37 867
Free-cash
49 735
50 585
44 718
45 637

Estimated living cost  is ₽37867 per week

₽25097
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3716
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽575
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8479
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽56899
₽65971
₽46592
₽43545
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
surtax

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

-
-
-
2 722
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.

-
-
-
6 493
income

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

-
-
-
49 475
trade
-
-
-
19 379
total
-
-
-
78 069
Employee

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

48 201
-
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.

4 141
-
49 475
-
surtax

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

227
-
2 722
-
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.

6 493
-
6 493
-
total
10 861
-
58 690
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
113 799
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.

940
1 337
-
-
chamber of commerce
307
375
-
-
income
17 071
24 300
-
-
trade
18 719
26 648
-
-
total
37 037
52 660
-
-
Dividends
76 762
109 340
-
-
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.

1 035
1 483
-
-
withholding
18 829
26 973
-
-
total
19 864
28 456
-
-
Income
162 000
162 000
162 000
162 000
Total tax
67 762
81 116
58 690
78 069
After tax
94 238
80 884
103 310
83 931
Living cost
37 339
37 339
37 339
37 339
Free-cash
56 899
43 545
65 971
46 592

Estimated living cost  is ₽37339 per week

₽24973
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3938
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽557
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7872
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽83426
₽78730
₽80170
₽87368
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
162 000
health
-
-
-
4 131
income
-
-
-
31 491
social contributions
-
-
-
15 379
total
-
-
-
51 001
Employee
73 088
73 088
151 024
-
income
7 675
6 766
30 716
-
social contributions
3 552
6 066
8 182
-
health
727
1 243
2 567
-
total
11 954
14 075
41 465
-
Employer
73 088
73 088
151 024
-
social contributions
3 552
6 066
8 182
-
health
792
1 353
2 794
-
total
4 344
7 419
10 976
-
Corporate
114 874
81 493
-
-
income
14 360
10 186
-
-
total
14 360
10 186
-
-
Dividends
100 514
71 307
-
-
withholding
17 087
12 123
-
-
total
17 087
12 123
-
-
Income
162 000
162 000
162 000
162 000
Total tax
47 745
43 803
52 441
51 001
After tax
114 255
118 197
109 559
110 999
Living cost
30 829
30 829
30 829
30 829
Free-cash
83 426
87 368
78 730
80 170

Estimated living cost  is ₽30829 per week

₽21075
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2408
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽518
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6829
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽72961
₽75452
₽93765
₽72578
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

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

26 649
10 606
135 565
-
income
3 258
1 297
16 573
-
pensions
2 665
1 061
13 556
-
unemployment
400
159
2 033
-
health
1 865
742
9 490
-
total
8 188
3 259
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.

26 649
10 606
135 565
-
pensions
5 197
2 068
26 435
-
total
5 197
2 068
26 435
-
Corporate
130 154
149 326
-
-
income
11 714
13 439
-
-
total
11 714
13 439
-
-
Dividends
118 440
135 886
-
-
social contributions
22 975
26 377
-
-
withholding
22 504
25 818
-
-
total
45 479
52 195
-
-
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
18 461
18 461
18 461
18 461
Free-cash
72 961
72 578
75 452
93 765

Estimated living cost  is ₽18461 per week

₽12598
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1511
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.
₽3984
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽100738
₽70416
₽63873
₽106641
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
162 000
pensions
-
-
-
32 401
health
-
-
-
21 060
income
-
-
-
21 708
total
-
-
-
75 169
Employee
26 964
-
121 077
-
income
3 036
-
23 344
-
pensions
539
-
2 422
-
unemployment
431
-
1 937
-
total
4 006
-
27 703
-
Employer
26 964
-
121 077
-
unemployment
216
-
969
-
health
3 505
-
15 739
-
pensions
5 393
-
24 215
-
total
9 114
-
40 923
-
Corporate
125 922
162 000
-
-
income
25 184
32 401
-
-
total
25 184
32 401
-
-
Dividends
100 738
129 599
-
-
total
-
-
-
-
Income
162 000
162 000
162 000
162 000
Total tax
38 304
32 401
68 626
75 169
After tax
123 696
129 599
93 374
86 831
Living cost
22 958
22 958
22 958
22 958
Free-cash
100 738
106 641
70 416
63 873

Estimated living cost  is ₽22958 per week

₽15747
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1367
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽462
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5382
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽9973
₽67372
₽90215
-₽7416
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
236
pensions
-
-
-
3 884
health
-
-
-
2 036
income
-
-
-
44 745
other
-
-
-
346
total
-
-
-
51 247
Employee
32 308
-
145 711
-
income
4 432
-
33 996
-
pensions
3 638
-
7 122
-
health
3 699
-
16 684
-
total
11 769
-
57 802
-
Employer
32 308
-
145 711
-
accident
539
-
2 433
-
unemployment
792
-
3 570
-
pensions
5 253
-
10 285
-
total
6 584
-
16 288
-
Corporate
123 108
162 000
-
-
income

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

110 797
145 800
-
-
total
110 797
145 800
-
-
Dividends
12 311
16 200
-
-
withholding
2 339
3 078
-
-
total
2 339
3 078
-
-
Income
162 000
162 000
162 000
162 000
Total tax
131 489
148 878
74 090
51 247
After tax
30 511
13 122
87 910
110 753
Living cost
20 538
20 538
20 538
20 538
Free-cash
9 973
-7 416
67 372
90 215

Estimated living cost  is ₽20538 per week

₽15053
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1138
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽429
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3919
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽143958
₽121228
₽152008
₽145528
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
10 465
-
162 000
-
income
2 093
-
32 400
-
total
2 093
-
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%.

151 535
162 000
-
-
total
-
-
-
-
Dividends
151 535
162 000
-
-
withholding
7 577
8 100
-
-
total
7 577
8 100
-
-
Income
162 000
162 000
162 000
162 000
Total tax
9 670
8 100
32 400
1 620
After tax
152 330
153 900
129 600
160 380
Living cost
8 372
8 372
8 372
8 372
Free-cash
143 958
145 528
121 228
152 008

Estimated living cost  is ₽8372 per week

₽5189
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽696
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽230
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2258
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽87275
₽66621
₽64258
₽93694
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
162 000
pensions

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

-
-
-
34 690
health
-
-
-
6 360
income
-
-
-
24 500
other
-
-
-
6 865
total
-
-
-
72 415
Employee
34 511
-
129 394
-
income
5 942
-
25 287
-
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.

2 415
-
9 057
-
unemployment
345
-
1 293
-
health
483
-
1 811
-
total
9 185
-
37 448
-
Employer
34 511
-
129 394
-
accident
276
-
1 035
-
unemployment
345
-
1 293
-
health
483
-
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.

5 868
-
21 997
-
other
1 726
-
6 468
-
total
8 698
-
32 604
-
Corporate
118 791
162 000
-
-
income
24 946
34 020
-
-
total
24 946
34 020
-
-
Dividends
93 845
127 980
-
-
withholding
6 569
8 959
-
-
total
6 569
8 959
-
-
Income
162 000
162 000
162 000
162 000
Total tax
49 398
42 979
70 052
72 415
After tax
112 602
119 021
91 948
89 585
Living cost
25 327
25 327
25 327
25 327
Free-cash
87 275
93 694
66 621
64 258

Estimated living cost  is ₽25327 per week

₽17895
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1710
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽408
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5314
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽43666
₽28835
₽43542
₽42415
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
162 000
pensions
-
-
-
8 516
income
-
-
-
45 471
total
-
-
-
53 987
Employee
91 216
-
141 589
-
income
16 443
-
35 667
-
pensions
8 800
-
10 533
-
health
1 503
-
2 083
-
total
26 746
-
48 283
-
Employer
91 216
-
141 589
-
health
1 732
-
2 690
-
pensions
10 770
-
17 721
-
total
12 502
-
20 411
-
Corporate
58 281
162 000
-
-
income

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

11 074
30 779
-
-
total
11 074
30 779
-
-
Dividends
47 208
131 221
-
-
withholding
3 541
24 335
-
-
total
3 541
24 335
-
-
Income
162 000
162 000
162 000
162 000
Total tax
53 863
55 114
68 694
53 987
After tax
108 137
106 886
93 306
108 013
Living cost
64 471
64 471
64 471
64 471
Free-cash
43 666
42 415
28 835
43 542

Estimated living cost  is ₽64471 per week

₽48309
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽7575
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽524
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8063
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽121083
₽121916
₽115681
₽125643
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
162 000
unemployment
-
-
-
137
pensions

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

-
-
-
5 073
health
-
-
-
3 942
income
-
-
-
24 300
total
-
-
-
33 452
Employee
17 038
-
155 275
-
income
1 703
-
15 528
-
pensions

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

1 496
-
3 010
-
accident

We are using the highest rate at 1.1%.

188
-
377
-
health
784
-
1 577
-
total
4 171
-
20 492
-
Employer
17 038
-
155 275
-
accident

We are using the highest rate at 1.1%.

188
-
377
-
unemployment
102
-
206
-
health
1 176
-
2 365
-
pensions

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

1 878
-
3 777
-
total
3 344
-
6 725
-
Corporate
141 619
162 000
-
-
income
14 162
16 200
-
-
total
14 162
16 200
-
-
Dividends
127 457
145 800
-
-
withholding
6 373
7 290
-
-
total
6 373
7 290
-
-
Income
162 000
162 000
162 000
162 000
Total tax
28 050
23 490
27 217
33 452
After tax
133 950
138 510
134 783
128 548
Living cost
12 867
12 867
12 867
12 867
Free-cash
121 083
125 643
121 916
115 681

Estimated living cost  is ₽12867 per week

₽7512
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽919
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽341
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4095
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Varna model

Close
Amsterdam , Netherlands
₽29808
₽47919
₽37109
₽27418
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
162 000
pensions
-
-
-
11 136
health
-
-
-
11 721
income
-
-
-
49 328
total
-
-
-
72 185
Employee
88 123
81 168
144 336
-
income

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

13 286
13 286
20 854
-
pensions
11 136
11 136
11 136
-
health
10 994
10 597
11 721
-
total
35 416
35 019
43 711
-
Employer
88 123
81 168
144 336
-
unemployment
3 173
2 922
3 631
-
health
6 124
5 642
7 011
-
pensions
6 133
5 649
7 022
-
total
15 430
14 213
17 664
-
Corporate
58 448
66 618
-
-
income
11 690
13 324
-
-
total
11 690
13 324
-
-
Dividends
46 758
53 294
-
-
income
9 937
11 326
-
-
withholding
7 013
7 994
-
-
total
16 950
19 320
-
-
Income
162 000
162 000
162 000
162 000
Total tax
79 486
81 876
61 375
72 185
After tax
82 514
80 124
100 625
89 815
Living cost
52 706
52 706
52 706
52 706
Free-cash
29 808
27 418
47 919
37 109

Estimated living cost  is ₽52706 per week

₽38880
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4708
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽604
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8515
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽79634
₽59819
₽66836
₽88023
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
162 000
health
-
-
-
21 870
solidarity contribution
-
-
-
-
income
-
-
-
15 944
social contributions
-
-
-
33 836
total
-
-
-
71 650
Employee
34 580
-
122 047
-
solidarity contribution
-
-
-
-
income
4 150
-
14 706
-
social contributions
2 248
-
7 532
-
health
4 668
-
16 476
-
total
11 066
-
38 714
-
Employer
34 580
-
122 047
-
social contributions
8 645
-
28 969
-
health
3 112
-
10 984
-
total
11 757
-
39 953
-
Corporate
115 663
162 000
-
-
income
21 976
30 780
-
-
total
21 976
30 780
-
-
Dividends
93 687
131 220
-
-
withholding
14 053
19 683
-
-
total
14 053
19 683
-
-
Income
162 000
162 000
162 000
162 000
Total tax
58 852
50 463
78 667
71 650
After tax
103 148
111 537
83 333
90 350
Living cost
23 514
23 514
23 514
23 514
Free-cash
79 634
88 023
59 819
66 836

Estimated living cost  is ₽23514 per week

₽16333
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1673
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽462
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5046
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽41365
₽30316
₽37635
₽46326
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
national
-
-
-
39 722
regional
-
-
-
1 907
municipal
-
-
-
963
social contributions
-
-
-
41 666
total
-
-
-
84 258
Employee
84 474
-
162 000
-
regional
797
-
1 682
-
national
14 637
-
34 410
-
social contributions
28 485
-
54 626
-
municipal
447
-
859
-
total
44 366
-
91 577
-
Employer
84 474
-
162 000
-
total
-
-
-
-
Corporate
77 526
162 000
-
-
nationa
18 606
38 880
-
-
municipal
3 023
6 319
-
-
total
21 629
45 199
-
-
Dividends
55 897
116 802
-
-
withholding
14 533
30 368
-
-
total
14 533
30 368
-
-
Income
162 000
162 000
162 000
162 000
Total tax
80 528
75 567
91 577
84 258
After tax
81 472
86 433
70 423
77 742
Living cost
40 107
40 107
40 107
40 107
Free-cash
41 365
46 326
30 316
37 635

Estimated living cost  is ₽40107 per week

₽27958
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2630
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.
₽8903
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽77965
₽49910
₽55761
₽80926
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
162 000
unemployment
-
-
-
216
surtax
-
-
-
6 688
pensions
-
-
-
25 371
health
-
-
-
9 006
income
-
-
-
43 984
other
-
-
-
-
total
-
-
-
85 265
Employee
31 432
-
135 297
-
other
-
-
-
-
income
5 269
-
38 301
-
pensions
2 096
-
8 461
-
surtax
103
-
5 588
-
unemployment
2 188
-
8 829
-
health
803
-
3 234
-
total
10 459
-
64 413
-
Employer
31 432
-
135 297
-
unemployment
996
-
4 021
-
health
1 430
-
5 772
-
pensions
4 190
-
16 910
-
other
-
-
-
-
total
6 616
-
26 703
-
Corporate
123 952
162 000
-
-
income
32 227
42 119
-
-
total
32 227
42 119
-
-
Dividends
91 724
119 881
-
-
withholding
13 759
17 981
-
-
total
13 759
17 981
-
-
Income
162 000
162 000
162 000
162 000
Total tax
63 061
60 100
91 116
85 265
After tax
98 939
101 900
70 884
76 735
Living cost
20 974
20 974
20 974
20 974
Free-cash
77 965
80 926
49 910
55 761

Estimated living cost  is ₽20974 per week

₽12825
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1935
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽483
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5730
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽69208
₽49261
₽63968
₽62841
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
162 000
pensions
-
-
-
8 516
income
-
-
-
45 471
total
-
-
-
53 987
Employee
61 131
-
141 589
-
income
11 010
-
35 667
-
pensions
5 189
-
10 533
-
health
887
-
2 083
-
total
17 086
-
48 283
-
Employer
61 131
-
141 589
-
health
1 161
-
2 690
-
pensions
6 617
-
17 721
-
total
7 778
-
20 411
-
Corporate
93 091
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.

17 687
30 779
-
-
total
17 687
30 779
-
-
Dividends
75 404
131 221
-
-
withholding
6 196
24 335
-
-
total
6 196
24 335
-
-
Income
162 000
162 000
162 000
162 000
Total tax
48 747
55 114
68 694
53 987
After tax
113 253
106 886
93 306
108 013
Living cost
44 045
44 045
44 045
44 045
Free-cash
69 208
62 841
49 261
63 968

Estimated living cost  is ₽44045 per week

₽32998
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3301
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽461
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7284
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽30957
₽48665
₽56424
-₽1293
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
national
-
-
-
2 308
pensions
-
-
-
14 904
health
-
-
-
364
regional
-
-
-
7 680
city
-
-
-
1 707
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.

-
-
-
3 241
total
-
-
-
30 204
Employee
88 205
-
144 997
-
pensions
7 410
-
12 180
-
regional
2 888
-
6 650
-
national
418
-
1 841
-
unemployment
-
-
-
-
health
199
-
327
-
city
947
-
1 558
-
total
11 862
-
22 556
-
Employer
88 205
-
144 997
-
unemployment
-
-
-
-
health
199
-
327
-
pensions
7 410
-
12 180
-
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.

1 764
-
2 900
-
total
9 373
-
15 407
-
Corporate
63 452
162 000
-
-
national
5 393
13 770
-
-
regional
13 419
34 263
-
-
total
18 812
48 033
-
-
Dividends
44 639
113 968
-
-
withholding
15 624
39 888
-
-
total
15 624
39 888
-
-
Income
162 000
162 000
162 000
162 000
Total tax
55 671
87 921
37 963
30 204
After tax
106 329
74 079
124 037
131 796
Living cost
75 372
75 372
75 372
75 372
Free-cash
30 957
-1 293
48 665
56 424

Estimated living cost  is ₽75372 per week

₽49014
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽6764
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽925
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽18669
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽51918
₽59767
₽39563
₽36505
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
surtax

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

-
-
-
2 722
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.

-
-
-
6 493
income

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

-
-
-
49 475
trade
-
-
-
20 204
total
-
-
-
78 894
Employee

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

57 123
-
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.

6 717
-
49 475
-
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.

370
-
2 722
-
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.

6 493
-
6 493
-
total
13 580
-
58 690
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
104 877
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.

866
1 337
-
-
chamber of commerce
292
372
-
-
income
15 732
24 300
-
-
trade
17 987
27 783
-
-
total
34 877
53 792
-
-
Dividends
70 000
108 209
-
-
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.

943
1 468
-
-
withholding
17 139
26 692
-
-
total
18 082
28 160
-
-
Income
162 000
162 000
162 000
162 000
Total tax
66 539
81 952
58 690
78 894
After tax
95 461
80 048
103 310
83 106
Living cost
43 543
43 543
43 543
43 543
Free-cash
51 918
36 505
59 767
39 563

Estimated living cost  is ₽43543 per week

₽31802
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3483
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽566
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7693
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽54739
₽57099
₽58860
₽49129
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
surtax
-
-
-
-
pensions
-
-
-
29 405
health
-
-
-
6 679
income
-
-
-
24 898
social contributions
-
-
-
4 616
other
-
-
-
5 022
total
-
-
-
70 620
Employee
40 680
-
125 833
-
income
2 401
-
24 069
-
pensions
4 600
-
8 561
-
surtax
-
-
-
-
social contributions
1 160
-
3 586
-
total
8 161
-
36 216
-
Employer
40 680
-
125 833
-
unemployment
1 647
-
5 096
-
social contributions
123
-
377
-
health
2 848
-
11 419
-
pensions
6 683
-
14 445
-
other
1 403
-
4 828
-
total
12 704
-
36 165
-
Corporate
108 617
162 000
-
-
surtax
-
-
-
-
income
30 413
45 360
-
-
total
30 413
45 360
-
-
Dividends
78 204
116 640
-
-
surtax
-
-
-
-
social contributions
13 452
20 061
-
-
withholding
10 011
14 930
-
-
total
23 463
34 991
-
-
Income
162 000
162 000
162 000
162 000
Total tax
74 741
80 351
72 381
70 620
After tax
87 259
81 649
89 619
91 380
Living cost
32 520
32 520
32 520
32 520
Free-cash
54 739
49 129
57 099
58 860

Estimated living cost  is ₽32520 per week

₽20505
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2644
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽554
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8818
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽57634
₽60321
₽62082
₽52351
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
surtax
-
-
-
-
pensions
-
-
-
29 405
health
-
-
-
6 679
income
-
-
-
24 898
social contributions
-
-
-
4 616
other
-
-
-
5 022
total
-
-
-
70 620
Employee
36 312
-
125 833
-
income
1 872
-
24 069
-
pensions
4 107
-
8 561
-
surtax
-
-
-
-
social contributions
1 035
-
3 586
-
total
7 014
-
36 216
-
Employer
36 312
-
125 833
-
unemployment
1 470
-
5 096
-
social contributions
108
-
377
-
health
2 541
-
11 419
-
pensions
5 967
-
14 445
-
other
1 254
-
4 828
-
total
11 340
-
36 165
-
Corporate
114 348
162 000
-
-
surtax
-
-
-
-
income
32 018
45 360
-
-
total
32 018
45 360
-
-
Dividends
82 329
116 640
-
-
surtax
-
-
-
-
social contributions
14 159
20 061
-
-
withholding
10 537
14 930
-
-
total
24 696
34 991
-
-
Income
162 000
162 000
162 000
162 000
Total tax
75 068
80 351
72 381
70 620
After tax
86 932
81 649
89 619
91 380
Living cost
29 298
29 298
29 298
29 298
Free-cash
57 634
52 351
60 321
62 082

Estimated living cost  is ₽29298 per week

₽16991
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2976
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽556
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8775
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽79174
₽80699
₽83881
₽78680
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
162 000
health
-
-
-
11 308
income
-
-
-
24 300
social contributions
-
-
-
22 356
total
-
-
-
57 964
Employee
32 227
-
162 000
-
income
5 375
-
27 482
-
social contributions
4 448
-
22 356
-
health
2 249
-
11 308
-
total
12 072
-
61 146
-
Employer
32 227
-
162 000
-
total
-
-
-
-
Corporate
129 773
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%.

6 488
8 101
-
-
total
6 488
8 101
-
-
Dividends
123 285
153 899
-
-
social contributions
17 013
21 237
-
-
withholding
18 492
23 084
-
-
health
8 606
10 743
-
-
total
44 111
55 064
-
-
Income
162 000
162 000
162 000
162 000
Total tax
62 671
63 165
61 146
57 964
After tax
99 329
98 835
100 854
104 036
Living cost
20 155
20 155
20 155
20 155
Free-cash
79 174
78 680
80 699
83 881

Estimated living cost  is ₽20155 per week

₽13488
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1243
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.
₽4958
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽54725
₽9524
₽49638
₽56196
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
162 000
unemployment
-
-
-
5 830
surtax
-
-
-
188
pensions
-
-
-
20 543
health
-
-
-
8 494
income
-
-
-
43 167
chamber of commerce
-
-
-
648
total
-
-
-
78 870
Employee
47 501
37 879
128 575
-
other
474
379
1 111
-
income
5 408
2 794
34 206
-
pensions
4 865
3 878
11 371
-
unemployment
1 425
1 136
3 332
-
health
1 838
1 466
4 297
-
total
14 010
9 653
54 317
-
Employer
47 501
37 879
128 575
-
chamber of commerce
189
152
514
-
surtax
188
188
188
-
accident
617
492
1 443
-
payroll
1 425
1 136
3 856
-
unemployment
1 425
1 136
3 332
-
health
1 795
1 432
4 197
-
pensions
5 961
4 755
13 936
-
other
2 256
1 798
5 958
-
total
13 856
11 089
33 424
-
Corporate
100 642
113 032
124 969
-
income

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

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

25 160
28 257
31 243
-
total
25 160
28 257
31 243
-
Dividends
75 482
84 775
-
-
withholding
20 757
23 313
-
-
total
20 757
23 313
-
-
Income
162 000
162 000
162 000
162 000
Total tax
73 783
72 312
118 984
78 870
After tax
88 217
89 688
43 016
83 130
Living cost
33 492
33 492
33 492
33 492
Free-cash
54 725
56 196
9 524
49 638

Estimated living cost  is ₽33492 per week

₽22338
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2857
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽550
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7747
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽41700
₽22683
₽35541
₽55957
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
national
-
-
-
59 807
communal

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

-
-
-
8 299
social contributions
-
-
-
23 697
total
-
-
-
91 803
Employee

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

67 989
-
125 474
-
pensions

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

5 099
-
9 410
-
communal

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

3 546
-
6 544
-
national
20 903
-
45 193
-
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.

592
-
1 091
-
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.

3 194
-
5 898
-
total
33 334
-
68 136
-
Employer

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

67 989
-
125 474
-
accident

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

884
-
1 632
-
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.

992
-
1 833
-
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.

4 181
-
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.

6 024
-
11 116
-
surtax
7 709
-
14 228
-
total
19 790
-
36 525
-
Corporate
74 220
162 000
-
-
surtax
298
648
-
-
income
14 845
32 401
-
-
total
15 143
33 049
-
-
Dividends
59 078
128 952
-
-
withholding

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

17 377
38 338
-
-
total
17 377
38 338
-
-
Income
162 000
162 000
162 000
162 000
Total tax
85 644
71 387
104 661
91 803
After tax
76 356
90 613
57 339
70 197
Living cost
34 656
34 656
34 656
34 656
Free-cash
41 700
55 957
22 683
35 541

Estimated living cost  is ₽34656 per week

₽22323
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3030
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽543
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8761
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽67102
₽52662
₽56649
₽73722
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
162 000
unemployment
-
-
-
617
accident
-
-
-
794
pensions
-
-
-
24 931
income
-
-
-
44 595
other
-
-
-
88
total
-
-
-
71 025
Employee
47 313
-
133 914
-
other
47
-
88
-
income
9 983
-
41 332
-
pensions
2 224
-
4 141
-
unemployment
734
-
1 365
-
total
12 988
-
46 926
-
Employer
47 313
-
133 914
-
accident
936
-
1 744
-
unemployment
2 603
-
4 845
-
pensions
11 165
-
20 792
-
other
377
-
705
-
total
15 081
-
28 086
-
Corporate
99 606
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.

14 940
24 300
-
-
total
14 940
24 300
-
-
Dividends
84 665
137 700
-
-
withholding
17 563
29 652
-
-
total
17 563
29 652
-
-
Income
162 000
162 000
162 000
162 000
Total tax
60 572
53 952
75 012
71 025
After tax
101 428
108 048
86 988
90 975
Living cost
34 326
34 326
34 326
34 326
Free-cash
67 102
73 722
52 662
56 649

Estimated living cost  is ₽34326 per week

₽25278
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2435
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽494
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6118
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽31558
₽35507
₽29048
₽43457
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
162 000
accident
-
-
-
1 365
surtax
-
-
-
8 032
pensions
-
-
-
24 282
communal
-
-
-
10 238
health
-
-
-
11 383
income
-
-
-
25 998
total
-
-
-
81 298
Employee
71 980
-
144 708
-
income
6 953
-
30 663
-
pensions
5 758
-
11 576
-
surtax
4 412
-
8 869
-
health
3 203
-
6 439
-
total
20 326
-
57 547
-
Employer
71 980
-
144 708
-
accident
648
-
1 302
-
health
2 195
-
4 414
-
pensions
5 758
-
11 576
-
total
8 601
-
17 292
-
Corporate
81 420
162 000
-
-
surtax
855
1 701
-
-
communal
5 496
10 934
-
-
income
12 213
24 300
-
-
total
18 564
36 935
-
-
Dividends
62 856
125 065
-
-
income
21 869
11 195
-
-
withholding
9 428
18 759
-
-
total
31 297
29 954
-
-
Income
162 000
162 000
162 000
162 000
Total tax
78 788
66 889
74 839
81 298
After tax
83 212
95 111
87 161
80 702
Living cost
51 654
51 654
51 654
51 654
Free-cash
31 558
43 457
35 507
29 048

Estimated living cost  is ₽51654 per week

₽38748
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3129
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽547
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9228
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽77524
₽49535
₽55386
₽80551
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
162 000
unemployment
-
-
-
216
surtax
-
-
-
6 688
pensions
-
-
-
25 371
health
-
-
-
9 006
income
-
-
-
43 984
other
-
-
-
-
total
-
-
-
85 265
Employee
32 009
-
135 297
-
other
-
-
-
-
income
5 366
-
38 301
-
pensions
2 136
-
8 461
-
surtax
114
-
5 588
-
unemployment
2 228
-
8 829
-
health
817
-
3 234
-
total
10 661
-
64 413
-
Employer
32 009
-
135 297
-
unemployment
1 016
-
4 021
-
health
1 456
-
5 772
-
pensions
4 268
-
16 910
-
other
-
-
-
-
total
6 740
-
26 703
-
Corporate
123 252
162 000
-
-
income
32 045
42 119
-
-
total
32 045
42 119
-
-
Dividends
91 207
119 881
-
-
withholding
13 681
17 981
-
-
total
13 681
17 981
-
-
Income
162 000
162 000
162 000
162 000
Total tax
63 127
60 100
91 116
85 265
After tax
98 873
101 900
70 884
76 735
Living cost
21 349
21 349
21 349
21 349
Free-cash
77 524
80 551
49 535
55 386

Estimated living cost  is ₽21349 per week

₽12890
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1856
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽496
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6109
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽57437
₽44321
₽51602
₽59545
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
national
-
-
-
39 722
regional
-
-
-
2 443
municipal
-
-
-
963
social contributions
-
-
-
41 666
total
-
-
-
84 794
Employee
52 725
-
162 000
-
regional
710
-
2 180
-
national
8 353
-
34 410
-
social contributions
17 779
-
54 626
-
municipal
280
-
859
-
total
27 122
-
92 075
-
Employer
52 725
-
162 000
-
total
-
-
-
-
Corporate
109 275
162 000
-
-
nationa
26 226
38 880
-
-
municipal
5 431
8 052
-
-
total
31 657
46 932
-
-
Dividends
77 617
115 068
-
-
withholding
20 180
29 919
-
-
total
20 180
29 919
-
-
Income
162 000
162 000
162 000
162 000
Total tax
78 959
76 851
92 075
84 794
After tax
83 041
85 149
69 925
77 206
Living cost
25 604
25 604
25 604
25 604
Free-cash
57 437
59 545
44 321
51 602

Estimated living cost  is ₽25604 per week

₽15923
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2594
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽438
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6649
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽72224
₽54357
₽61374
₽82561
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
162 000
health
-
-
-
21 870
solidarity contribution
-
-
-
-
income
-
-
-
15 944
social contributions
-
-
-
33 836
total
-
-
-
71 650
Employee
42 611
-
122 047
-
solidarity contribution
-
-
-
-
income
5 113
-
14 706
-
social contributions
2 770
-
7 532
-
health
5 752
-
16 476
-
total
13 635
-
38 714
-
Employer
42 611
-
122 047
-
social contributions
10 653
-
28 969
-
health
3 835
-
10 984
-
total
14 488
-
39 953
-
Corporate
104 901
162 000
-
-
income
19 931
30 780
-
-
total
19 931
30 780
-
-
Dividends
84 970
131 220
-
-
withholding
12 746
19 683
-
-
total
12 746
19 683
-
-
Income
162 000
162 000
162 000
162 000
Total tax
60 800
50 463
78 667
71 650
After tax
101 200
111 537
83 333
90 350
Living cost
28 976
28 976
28 976
28 976
Free-cash
72 224
82 561
54 357
61 374

Estimated living cost  is ₽28976 per week

₽21548
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1605
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽501
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5321
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽58996
₽12737
₽52994
₽59467
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
162 000
unemployment
-
-
-
5 830
surtax
-
-
-
-
pensions
-
-
-
20 543
health
-
-
-
8 494
income
-
-
-
43 167
chamber of commerce
-
-
-
648
total
-
-
-
78 682
Employee
41 549
37 879
128 750
-
other
415
379
1 111
-
income
3 701
2 794
34 291
-
pensions
4 255
3 878
11 371
-
unemployment
1 246
1 136
3 332
-
health
1 607
1 466
4 297
-
total
11 224
9 653
54 402
-
Employer
41 549
37 879
128 750
-
chamber of commerce
166
152
516
-
surtax
-
-
-
-
accident
539
492
1 443
-
payroll
1 246
1 136
3 862
-
unemployment
1 246
1 136
3 332
-
health
1 571
1 432
4 197
-
pensions
5 215
4 755
13 936
-
other
1 973
1 798
5 965
-
total
11 956
10 901
33 251
-
Corporate
108 494
113 220
125 142
-
income

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

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

27 123
28 304
31 286
-
total
27 123
28 304
31 286
-
Dividends
81 371
84 915
-
-
withholding
22 377
23 351
-
-
total
22 377
23 351
-
-
Income
162 000
162 000
162 000
162 000
Total tax
72 680
72 209
118 939
78 682
After tax
89 320
89 791
43 061
83 318
Living cost
30 324
30 324
30 324
30 324
Free-cash
58 996
59 467
12 737
52 994

Estimated living cost  is ₽30324 per week

₽18191
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3097
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽541
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8496
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽138407
₽116553
₽147333
₽140853
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
16 309
-
162 000
-
income
3 262
-
32 400
-
total
3 262
-
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%.

145 691
162 000
-
-
total
-
-
-
-
Dividends
145 691
162 000
-
-
withholding
7 284
8 100
-
-
total
7 284
8 100
-
-
Income
162 000
162 000
162 000
162 000
Total tax
10 546
8 100
32 400
1 620
After tax
151 454
153 900
129 600
160 380
Living cost
13 047
13 047
13 047
13 047
Free-cash
138 407
140 853
116 553
147 333

Estimated living cost  is ₽13047 per week

₽8829
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽548
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽438
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3232
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽78093
₽49609
₽53902
₽86043
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

A sole-trader pays social contribution from 75% of the assessed income made in the last year.

The minimum monthly assessed income used to calculate contributions is 60% of the insured's average monthly wage in the last year.

The maximum assessed income used to calculate contributions is 3.5 times the insured's average monthly wage in the last year.

-
-
-
162 000
unemployment
-
-
-
244
pensions
-
-
-
29 585
health
-
-
-
15 941
income
-
-
-
36 834
total
-
-
-
82 604
Employee

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

42 031
-
140 173
-
income
7 248
-
34 090
-
pensions
6 515
-
21 726
-
unemployment
60
-
197
-
health
2 715
-
9 057
-
total
16 538
-
65 070
-
Employer

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

42 031
-
140 173
-
unemployment
25
-
85
-
health
2 799
-
9 336
-
pensions
3 719
-
12 406
-
total
6 543
-
21 827
-
Corporate
113 425
162 000
-
-
income
21 551
30 781
-
-
total
21 551
30 781
-
-
Dividends
91 874
131 219
-
-
withholding
13 781
19 682
-
-
total
13 781
19 682
-
-
Income
162 000
162 000
162 000
162 000
Total tax
58 413
50 463
86 897
82 604
After tax
103 587
111 537
75 103
79 396
Living cost
25 494
25 494
25 494
25 494
Free-cash
78 093
86 043
49 609
53 902

Estimated living cost  is ₽25494 per week

₽17496
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1634
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽494
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5871
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽4877
₽103854
₽67395
₽54001
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
63 893
-
-
-
income
14 094
-
-
-
social contributions
5 239
-
747
-
total
19 333
-
747
-
Employer
63 893
-
-
-
social contributions
90 090
-
12 839
-
total
90 090
-
12 839
-
Corporate
8 017
162 000
-
-
income
1 764
35 640
-
-
total
1 764
35 640
-
-
Dividends
6 253
126 360
-
-
income
1 376
27 799
-
-
total
1 376
27 799
-
-
Income
162 000
162 000
162 000
162 000
Total tax
112 563
63 439
13 586
50 045
After tax
49 437
98 561
148 414
111 955
Living cost
44 560
44 560
44 560
44 560
Free-cash
4 877
54 001
103 854
67 395

Estimated living cost  is ₽44560 per week

₽28913
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4191
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽568
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10889
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽61375
₽45011
₽57190
₽62331
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
surtax
-
-
-
-
income
-
-
-
18 701
social contributions

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

-
-
-
56 295
total
-
-
-
74 996
Employee
43 715
-
130 909
-
income
9 093
-
41 685
-
surtax
-
-
-
-
social contributions
4 809
-
14 399
-
total
13 902
-
56 084
-
Employer
43 715
-
130 909
-
social contributions
10 382
-
31 091
-
total
10 382
-
31 091
-
Corporate
107 902
162 000
-
-
surtax
-
-
-
-
income
22 660
34 020
-
-
total
22 660
34 020
-
-
Dividends
85 242
127 980
-
-
withholding
23 867
35 835
-
-
total
23 867
35 835
-
-
Income
162 000
162 000
162 000
162 000
Total tax
70 811
69 855
87 175
74 996
After tax
91 189
92 145
74 825
87 004
Living cost
29 814
29 814
29 814
29 814
Free-cash
61 375
62 331
45 011
57 190

Estimated living cost  is ₽29814 per week

₽22307
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1759
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.
₽5251
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽42273
₽43711
₽45472
₽35741
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
surtax
-
-
-
-
pensions
-
-
-
29 405
health
-
-
-
6 679
income
-
-
-
24 898
social contributions
-
-
-
4 616
other
-
-
-
5 022
total
-
-
-
70 620
Employee
59 531
-
125 833
-
income
5 194
-
24 069
-
pensions
6 733
-
8 561
-
surtax
-
-
-
-
social contributions
1 696
-
3 586
-
total
13 623
-
36 216
-
Employer
59 531
-
125 833
-
unemployment
2 412
-
5 096
-
social contributions
179
-
377
-
health
4 167
-
11 419
-
pensions
9 782
-
14 445
-
other
2 054
-
4 828
-
total
18 594
-
36 165
-
Corporate
83 876
162 000
-
-
surtax
-
-
-
-
income
23 485
45 360
-
-
total
23 485
45 360
-
-
Dividends
60 391
116 640
-
-
surtax
-
-
-
-
social contributions
10 386
20 061
-
-
withholding
7 731
14 930
-
-
total
18 117
34 991
-
-
Income
162 000
162 000
162 000
162 000
Total tax
73 819
80 351
72 381
70 620
After tax
88 181
81 649
89 619
91 380
Living cost
45 908
45 908
45 908
45 908
Free-cash
42 273
35 741
43 711
45 472

Estimated living cost  is ₽45908 per week

₽31069
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3755
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽630
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10453
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽114035
₽95228
₽90926
₽117230
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
6 863
social contributions
-
-
-
35 640
total
-
-
-
42 503
Employee
30 557
-
140 260
-
income
-
-
7 343
-
social contributions
1 986
-
9 118
-
total
1 986
-
16 461
-
Employer
30 557
-
140 260
-
social contributions
4 737
-
21 740
-
total
4 737
-
21 740
-
Corporate
126 706
162 000
-
-
income
12 671
16 199
-
-
total
12 671
16 199
-
-
Dividends
114 035
145 801
-
-
total
-
-
-
-
Income
162 000
162 000
162 000
162 000
Total tax
19 394
16 199
38 201
42 503
After tax
142 606
145 801
123 799
119 497
Living cost
28 571
28 571
28 571
28 571
Free-cash
114 035
117 230
95 228
90 926

Estimated living cost  is ₽28571 per week

₽18474
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2154
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽538
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7406
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽44696
-₽44696
₽50151
-₽44696
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
national
-
-
-
18 850
pensions
-
-
-
822
municipal
-
-
-
33 594
labour market
-
-
-
12 894
total
-
-
-
66 160
Employee
192 841
192 841
192 841
-
labour market
15 405
15 405
15 405
-
pensions
274
274
274
-
national
23 559
23 559
23 559
-
municipal
41 064
41 064
41 064
-
total
80 302
80 302
80 302
-
Employer
192 841
192 841
192 841
-
labour market
15 427
15 427
15 427
-
national
23 600
23 600
23 600
-
municipal
41 130
41 130
41 130
-
pensions
548
548
548
-
total
80 705
80 705
80 705
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
162 000
162 000
162 000
162 000
Total tax
161 007
161 007
161 007
66 160
After tax
993
993
993
95 840
Living cost
45 689
45 689
45 689
45 689
Free-cash
-44 696
-44 696
-44 696
50 151

Estimated living cost  is ₽45689 per week

₽31270
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4042
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽703
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9674
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Copenhagen model

Close
Krakow , Poland
₽10018
₽67675
₽90518
-₽7113
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
236
pensions
-
-
-
3 884
health
-
-
-
2 036
income
-
-
-
44 745
other
-
-
-
346
total
-
-
-
51 247
Employee
31 832
-
145 711
-
income
4 367
-
33 996
-
pensions
3 584
-
7 122
-
health
3 645
-
16 684
-
total
11 596
-
57 802
-
Employer
31 832
-
145 711
-
accident
532
-
2 433
-
unemployment
780
-
3 570
-
pensions
5 176
-
10 285
-
total
6 488
-
16 288
-
Corporate
123 681
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.

111 313
145 800
-
-
total
111 313
145 800
-
-
Dividends
12 368
16 200
-
-
withholding
2 350
3 078
-
-
total
2 350
3 078
-
-
Income
162 000
162 000
162 000
162 000
Total tax
131 747
148 878
74 090
51 247
After tax
30 253
13 122
87 910
110 753
Living cost
20 235
20 235
20 235
20 235
Free-cash
10 018
-7 113
67 675
90 518

Estimated living cost  is ₽20235 per week

₽14729
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1154
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽380
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3973
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽67615
₽48835
₽68785
₽65357
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
national
-
-
-
25 843
health
-
-
-
2 098
municipal
-
-
-
28 782
total
-
-
-
56 723
Employee
50 007
-
136 282
-
pensions
3 375
-
9 199
-
national
826
-
15 809
-
unemployment
750
-
2 044
-
municipal
8 191
-
22 200
-
health
373
-
1 703
-
total
13 515
-
50 955
-
Employer
50 007
-
136 282
-
accident
51
-
137
-
unemployment
325
-
886
-
health
384
-
1 050
-
pensions
8 676
-
23 645
-
total
9 436
-
25 718
-
Corporate
102 557
162 000
-
-
income
20 512
32 401
-
-
total
20 512
32 401
-
-
Dividends

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

61 534
97 200
-
-
national
3 353
10 254
-
-
municipal
11 077
17 496
-
-
total
14 430
27 750
-
-
Income
162 000
162 000
162 000
162 000
Total tax
57 893
60 151
76 673
56 723
After tax
104 107
101 849
85 327
105 277
Living cost
36 492
36 492
36 492
36 492
Free-cash
67 615
65 357
48 835
68 785

Estimated living cost  is ₽36492 per week

₽23836
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3510
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽581
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8566
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽91021
₽87552
₽88992
₽96190
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
162 000
health
-
-
-
4 131
income
-
-
-
31 491
social contributions
-
-
-
15 379
total
-
-
-
51 001
Employee
73 088
73 088
151 024
-
income
7 958
6 766
30 716
-
social contributions
2 763
6 066
8 182
-
health
566
1 243
2 567
-
total
11 287
14 075
41 465
-
Employer
73 088
73 088
151 024
-
social contributions
2 763
6 066
8 182
-
health
615
1 353
2 794
-
total
3 378
7 419
10 976
-
Corporate
125 327
81 493
-
-
income
15 665
10 186
-
-
total
15 665
10 186
-
-
Dividends
109 662
71 307
-
-
withholding
18 642
12 123
-
-
total
18 642
12 123
-
-
Income
162 000
162 000
162 000
162 000
Total tax
48 972
43 803
52 441
51 001
After tax
113 028
118 197
109 559
110 999
Living cost
22 007
22 007
22 007
22 007
Free-cash
91 021
96 190
87 552
88 992

Estimated living cost  is ₽22007 per week

₽13189
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2159
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽487
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6172
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽114226
₽101893
₽120958
₽119061
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

By law (Article 9 §1 (7); Article 10 §1 (7); Article 11 §1 (5)) a social contribution base is set as:

  • up to €9,000.00, 60% of the average monthly wage in Montenegro
  • up to €15,000.00, 100% of the average monthly wage in Montenegro
  • in excess of €15,000, 150% of the average monthly wage in Montenegro
-
-
-
162 000
unemployment
-
-
-
27
pensions
-
-
-
6 046
health
-
-
-
3 440
income
-
-
-
16 438
total
-
-
-
25 951
Employee

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

21 817
-
152 711
-
income
1 492
-
14 082
-
pensions
3 272
-
13 528
-
unemployment
108
-
451
-
health
1 854
-
7 666
-
total
6 726
-
35 727
-
Employer

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

21 817
-
152 711
-
unemployment
108
-
451
-
health
938
-
3 878
-
pensions
1 199
-
4 960
-
total
2 245
-
9 289
-
Corporate
137 937
162 000
-
-
income
12 415
14 580
-
-
total
12 415
14 580
-
-
Dividends
125 522
147 420
-
-
withholding
11 297
13 268
-
-
total
11 297
13 268
-
-
Income
162 000
162 000
162 000
162 000
Total tax
32 683
27 848
45 016
25 951
After tax
129 317
134 152
116 984
136 049
Living cost
15 091
15 091
15 091
15 091
Free-cash
114 226
119 061
101 893
120 958

Estimated living cost  is ₽15091 per week

₽9628
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1088
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽449
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3925
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽77713
₽60851
₽64838
₽81911
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
162 000
unemployment
-
-
-
617
accident
-
-
-
794
pensions
-
-
-
24 931
income
-
-
-
44 595
other
-
-
-
88
total
-
-
-
71 025
Employee
35 145
-
133 914
-
other
34
-
88
-
income
6 776
-
41 332
-
pensions
1 652
-
4 141
-
unemployment
545
-
1 365
-
total
9 007
-
46 926
-
Employer
35 145
-
133 914
-
accident
696
-
1 744
-
unemployment
1 934
-
4 845
-
pensions
8 294
-
20 792
-
other
281
-
705
-
total
11 205
-
28 086
-
Corporate
115 650
162 000
-
-
income

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

17 348
24 300
-
-
total
17 348
24 300
-
-
Dividends
98 301
137 700
-
-
withholding
20 590
29 652
-
-
total
20 590
29 652
-
-
Income
162 000
162 000
162 000
162 000
Total tax
58 150
53 952
75 012
71 025
After tax
103 850
108 048
86 988
90 975
Living cost
26 137
26 137
26 137
26 137
Free-cash
77 713
81 911
60 851
64 838

Estimated living cost  is ₽26137 per week

₽17642
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2513
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽458
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5525
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽99186
₽102591
₽102708
₽99455
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
162 000
pensions
-
-
-
1 191
health
-
-
-
864
income
-
-
-
55 604
total
-
-
-
57 659
Employee
2 487
-
160 660
-
income
481
-
55 542
-
pensions
224
-
536
-
unemployment
25
-
60
-
health
124
-
298
-
total
854
-
56 436
-
Employer
2 487
-
160 660
-
unemployment
50
-
119
-
health
236
-
566
-
pensions
274
-
655
-
total
560
-
1 340
-
Corporate
158 953
162 000
-
-
income
34 970
35 640
-
-
total
34 970
35 640
-
-
Dividends
123 983
126 360
-
-
withholding
24 797
25 272
-
-
total
24 797
25 272
-
-
Income
162 000
162 000
162 000
162 000
Total tax
61 181
60 912
57 776
57 659
After tax
100 819
101 088
104 224
104 341
Living cost
1 633
1 633
1 633
1 633
Free-cash
99 186
99 455
102 591
102 708

Estimated living cost  is ₽1633 per week

₽970
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽132
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽37
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽493
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽95972
₽82557
₽82557
₽100640
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

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

-
-
-
162 000
unemployment
-
-
-
1 052
pensions
-
-
-
18 227
health
-
-
-
7 221
income
-
-
-
36 538
total
-
-
-
63 038
Employee

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

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

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

24 738
-
149 451
-
income
3 410
-
36 538
-
pensions
3 463
-
9 815
-
unemployment
186
-
526
-
health
1 274
-
3 610
-
total
8 333
-
50 489
-
Employer

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

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

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

24 738
-
149 451
-
unemployment
186
-
526
-
health
1 274
-
3 610
-
pensions
2 969
-
8 413
-
total
4 429
-
12 549
-
Corporate
132 834
162 000
-
-
income
19 925
24 300
-
-
total
19 925
24 300
-
-
Dividends
112 909
137 700
-
-
withholding
16 936
20 655
-
-
total
16 936
20 655
-
-
Income
162 000
162 000
162 000
162 000
Total tax
49 623
44 955
63 038
63 038
After tax
112 377
117 045
98 962
98 962
Living cost
16 405
16 405
16 405
16 405
Free-cash
95 972
100 640
82 557
82 557

Estimated living cost  is ₽16405 per week

₽11046
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1269
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽475
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3616
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽66179
₽49200
₽61379
₽66520
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
surtax
-
-
-
-
income
-
-
-
18 701
social contributions

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

-
-
-
56 295
total
-
-
-
74 996
Employee
36 891
-
130 909
-
income
7 208
-
41 685
-
surtax
-
-
-
-
social contributions
4 058
-
14 399
-
total
11 266
-
56 084
-
Employer
36 891
-
130 909
-
social contributions
8 761
-
31 091
-
total
8 761
-
31 091
-
Corporate
116 348
162 000
-
-
surtax
-
-
-
-
income
24 433
34 020
-
-
total
24 433
34 020
-
-
Dividends
91 915
127 980
-
-
withholding
25 736
35 835
-
-
total
25 736
35 835
-
-
Income
162 000
162 000
162 000
162 000
Total tax
70 196
69 855
87 175
74 996
After tax
91 804
92 145
74 825
87 004
Living cost
25 625
25 625
25 625
25 625
Free-cash
66 179
66 520
49 200
61 379

Estimated living cost  is ₽25625 per week

₽18149
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1780
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽455
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5242
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽68346
₽53583
₽57570
₽74643
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
162 000
unemployment
-
-
-
617
accident
-
-
-
794
pensions
-
-
-
24 931
income
-
-
-
44 595
other
-
-
-
88
total
-
-
-
71 025
Employee
45 904
-
133 914
-
other
45
-
88
-
income
9 588
-
41 332
-
pensions
2 157
-
4 141
-
unemployment
711
-
1 365
-
total
12 501
-
46 926
-
Employer
45 904
-
133 914
-
accident
909
-
1 744
-
unemployment
2 525
-
4 845
-
pensions
10 833
-
20 792
-
other
368
-
705
-
total
14 635
-
28 086
-
Corporate
101 460
162 000
-
-
income

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

15 218
24 300
-
-
total
15 218
24 300
-
-
Dividends
86 242
137 700
-
-
withholding
17 895
29 652
-
-
total
17 895
29 652
-
-
Income
162 000
162 000
162 000
162 000
Total tax
60 249
53 952
75 012
71 025
After tax
101 751
108 048
86 988
90 975
Living cost
33 405
33 405
33 405
33 405
Free-cash
68 346
74 643
53 583
57 570

Estimated living cost  is ₽33405 per week

₽23990
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2597
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽471
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6347
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽115648
₽117901
₽111666
₽121628
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
162 000
unemployment
-
-
-
137
pensions

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

-
-
-
5 073
health
-
-
-
3 942
income
-
-
-
24 300
total
-
-
-
33 452
Employee
22 354
-
155 275
-
income
2 236
-
15 528
-
pensions

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

1 962
-
3 010
-
accident

We are using the highest rate at 1.1%.

246
-
377
-
health
1 028
-
1 577
-
total
5 472
-
20 492
-
Employer
22 354
-
155 275
-
accident

We are using the highest rate at 1.1%.

246
-
377
-
unemployment
134
-
206
-
health
1 543
-
2 365
-
pensions

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

2 463
-
3 777
-
total
4 386
-
6 725
-
Corporate
135 260
162 000
-
-
income
13 526
16 200
-
-
total
13 526
16 200
-
-
Dividends
121 734
145 800
-
-
withholding
6 086
7 290
-
-
total
6 086
7 290
-
-
Income
162 000
162 000
162 000
162 000
Total tax
29 470
23 490
27 217
33 452
After tax
132 530
138 510
134 783
128 548
Living cost
16 882
16 882
16 882
16 882
Free-cash
115 648
121 628
117 901
111 666

Estimated living cost  is ₽16882 per week

₽11166
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽966
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽403
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4348
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽59121
₽66614
₽49709
₽46685
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
surtax

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

-
-
-
2 722
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.

-
-
-
6 493
income

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

-
-
-
49 475
trade
-
-
-
16 905
total
-
-
-
75 595
Employee

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

47 293
-
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.

3 889
-
49 475
-
surtax

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

215
-
2 722
-
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.

6 493
-
6 493
-
total
10 597
-
58 690
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
114 707
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.

947
1 337
-
-
chamber of commerce
312
382
-
-
income
17 206
24 300
-
-
trade
16 461
23 247
-
-
total
34 926
49 266
-
-
Dividends
79 781
112 734
-
-
surtax

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

1 077
1 530
-
-
withholding
19 583
27 823
-
-
total
20 660
29 353
-
-
Income
162 000
162 000
162 000
162 000
Total tax
66 183
78 619
58 690
75 595
After tax
95 817
83 381
103 310
86 405
Living cost
36 696
36 696
36 696
36 696
Free-cash
59 121
46 685
66 614
49 709

Estimated living cost  is ₽36696 per week

₽25314
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3948
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽532
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6901
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽61355
₽31864
₽31864
₽59256
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
162 000
income
-
-
-
49 089
social contributions
-
-
-
26 903
total
-
-
-
75 992
Employee
74 350
-
162 000
-
income
14 029
-
49 089
-
social contributions
6 177
-
26 903
-
total
20 206
-
75 992
-
Employer
74 350
-
162 000
-
total
-
-
-
-
Corporate
87 650
162 000
-
-
income
10 956
20 251
-
-
total
10 956
20 251
-
-
Dividends
76 694
141 749
-
-
withholding
15 339
28 349
-
-
total
15 339
28 349
-
-
Income
162 000
162 000
162 000
162 000
Total tax
46 501
48 600
75 992
75 992
After tax
115 499
113 400
86 008
86 008
Living cost
54 144
54 144
54 144
54 144
Free-cash
61 355
59 256
31 864
31 864

Estimated living cost  is ₽54144 per week

₽41192
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4412
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽518
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8023
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽69096
₽81013
₽94411
₽65774
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

We use The Residence Programme or The Global Residence Programme.

-
-
-
162 000
health

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

-
-
-
6 030
income
-
-
-
27 056
total
-
-
-
33 086
Employee
43 603
-
157 628
-
income
4 731
-
37 740
-
social contributions
4 369
-
4 372
-
total
9 100
-
42 112
-
Employer
43 603
-
157 628
-
social contributions
4 369
-
4 372
-
total
4 369
-
4 372
-
Corporate
114 028
162 000
-
-
income
39 910
56 701
-
-
total
39 910
56 701
-
-
Dividends
74 119
105 299
-
-
social contributions
5 022
5 022
-
-
total
5 022
5 022
-
-
Income
162 000
162 000
162 000
162 000
Total tax
58 401
61 723
46 484
33 086
After tax
103 599
100 277
115 516
128 914
Living cost
34 503
34 503
34 503
34 503
Free-cash
69 096
65 774
81 013
94 411

Estimated living cost  is ₽34503 per week

₽22727
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2720
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽528
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8526
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽76786
₽57499
₽72206
₽71079
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
162 000
pensions
-
-
-
8 516
income
-
-
-
45 471
total
-
-
-
53 987
Employee
49 150
-
141 589
-
income
8 951
-
35 667
-
pensions
3 751
-
10 533
-
health
641
-
2 083
-
total
13 343
-
48 283
-
Employer
49 150
-
141 589
-
health
934
-
2 690
-
pensions
4 966
-
17 721
-
total
5 900
-
20 411
-
Corporate
106 950
162 000
-
-
income

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

20 321
30 779
-
-
total
20 321
30 779
-
-
Dividends
86 629
131 221
-
-
withholding
9 843
24 335
-
-
total
9 843
24 335
-
-
Income
162 000
162 000
162 000
162 000
Total tax
49 407
55 114
68 694
53 987
After tax
112 593
106 886
93 306
108 013
Living cost
35 807
35 807
35 807
35 807
Free-cash
76 786
71 079
57 499
72 206

Estimated living cost  is ₽35807 per week

₽24563
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3293
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽448
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7501
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽9711
₽65671
₽88514
-₽9117
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
236
pensions
-
-
-
3 884
health
-
-
-
2 036
income
-
-
-
44 745
other
-
-
-
346
total
-
-
-
51 247
Employee
34 983
-
145 711
-
income
4 799
-
33 996
-
pensions
3 939
-
7 122
-
health
4 005
-
16 684
-
total
12 743
-
57 802
-
Employer
34 983
-
145 711
-
accident
584
-
2 433
-
unemployment
857
-
3 570
-
pensions
5 688
-
10 285
-
total
7 129
-
16 288
-
Corporate
119 888
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.

107 900
145 800
-
-
total
107 900
145 800
-
-
Dividends
11 989
16 200
-
-
withholding
2 278
3 078
-
-
total
2 278
3 078
-
-
Income
162 000
162 000
162 000
162 000
Total tax
130 050
148 878
74 090
51 247
After tax
31 950
13 122
87 910
110 753
Living cost
22 239
22 239
22 239
22 239
Free-cash
9 711
-9 117
65 671
88 514

Estimated living cost  is ₽22239 per week

₽16321
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1296
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽448
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4174
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

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

Source of data for Warsaw model

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Skopje , Macedonia
₽119035
₽101629
₽80726
₽123483
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

Sole-trader should pay social contributions from a minimum of 50% of an average salary to a maximum of twelve average salaries. The minimum personal income for the first year should be at least 50% of an average salary.

-
-
-
162 000
unemployment
-
-
-
1 824
pensions
-
-
-
27 972
income
-
-
-
26 628
health insurance
-
-
-
11 250
work injury
-
-
-
760
total
-
-
-
68 434
Employee

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

20 544
-
162 000
-
income
2 054
-
26 628
-
pensions
3 780
-
13 986
-
health insurance
1 520
-
5 625
-
unemployment
247
-
912
-
work injury
103
-
380
-
total
7 704
-
47 531
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
141 456
162 000
-
-
income

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

1 415
1 620
-
-
total
1 415
1 620
-
-
Dividends
140 041
160 380
-
-
withholding
21 006
24 057
-
-
total
21 006
24 057
-
-
Income
162 000
162 000
162 000
162 000
Total tax
30 125
25 677
47 531
68 434
After tax
131 875
136 323
114 469
93 566
Living cost
12 840
12 840
12 840
12 840
Free-cash
119 035
123 483
101 629
80 726

Estimated living cost  is ₽12840 per week

₽7955
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽933
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽401
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3552
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽43142
₽30846
₽37961
₽47465
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
national
-
-
-
39 722
regional
-
-
-
3 704
municipal
-
-
-
1 082
social contributions
-
-
-
41 666
total
-
-
-
86 174
Employee
80 095
-
162 000
-
regional
1 209
-
3 286
-
national
13 535
-
34 410
-
social contributions
27 007
-
54 626
-
municipal
478
-
967
-
total
42 229
-
93 289
-
Employer
80 095
-
162 000
-
total
-
-
-
-
Corporate
81 905
162 000
-
-
nationa
19 657
38 880
-
-
municipal
3 948
7 808
-
-
total
23 605
46 688
-
-
Dividends
58 300
115 312
-
-
withholding
15 159
29 982
-
-
total
15 159
29 982
-
-
Income
162 000
162 000
162 000
162 000
Total tax
80 993
76 670
93 289
86 174
After tax
81 007
85 330
68 711
75 826
Living cost
37 865
37 865
37 865
37 865
Free-cash
43 142
47 465
30 846
37 961

Estimated living cost  is ₽37865 per week

₽26598
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2605
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽572
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8090
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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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