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
₽74998
₽53793
₽56232
₽63988
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
162 000
health

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

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

-
-
-
6 296
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.

-
-
-
50 039
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.

-
-
-
2 753
trade
-
-
-
18 766
total
-
-
-
77 854
Employee

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

35 249
-
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.

54
-
2 753
-
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.

985
-
50 039
-
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.

6 296
-
6 296
-
total
7 335
-
59 088
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
126 751
162 000
-
-
chamber of commerce
322
373
-
-
surtax

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

1 046
1 336
-
-
trade
19 964
25 515
-
-
income
19 012
24 299
-
-
total
40 344
51 523
-
-
Dividends
86 407
110 478
-
-
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.

1 168
1 501
-
-
withholding
21 251
27 269
-
-
total
22 419
28 770
-
-
Income
162 000
162 000
162 000
162 000
Total tax
70 098
80 293
59 088
77 854
After tax
91 902
81 707
102 912
84 146
Living cost
27 914
27 914
27 914
27 914
Free-cash
63 988
53 793
74 998
56 232

Estimated living cost  is ₽27914 per week

₽17559
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3255
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽521
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6579
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽48362
₽52484
₽47091
₽51675
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
162 000
social contributions
-
-
-
1 742
pensions
-
-
-
19 440
national
-
-
-
27 425
municipal
-
-
-
17 698
total
-
-
-
66 305
Employee
75 345
-
140 048
-
municipal
9 306
-
18 325
-
national
14 421
-
28 397
-
pensions
3 014
-
5 602
-
total
26 741
-
52 324
-
Employer
75 345
-
140 048
-
pensions
6 028
-
11 204
-
social contributions
810
-
1 506
-
total
6 838
-
12 710
-
Corporate
74 845
162 000
-
-
income

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

14 969
32 400
-
-
total
14 969
32 400
-
-
Dividends
59 876
129 600
-
-
withholding
13 173
28 512
-
-
total
13 173
28 512
-
-
Income
162 000
162 000
162 000
162 000
Total tax
61 721
60 912
65 034
66 305
After tax
100 279
101 088
96 966
95 695
Living cost
48 604
48 604
48 604
48 604
Free-cash
51 675
52 484
48 362
47 091

Estimated living cost  is ₽48604 per week

₽33036
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4518
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽727
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10323
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽48876
₽110427
₽36701
₽102866
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

As of 1 January, 2018 a microenterprise tax rate for microenterprise turnover of up to €40,000 is 15%. This tax is inclusive of all other taxes and contributions.

Microenterprise tax could also be applied to a company but as the only exception is a limitation of liability, we advise to register as a sole-trader.

-
-
-
162 000
social contributions

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

-
-
-
35 310
income
-
-
-
29 505
surtax
-
-
-
41 311
microenterprise
-
-
-
-
total
-
-
-
106 126
Employee
26 929
-
122 109
-
surtax
-
-
17 706
-
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.

2 963
-
12 081
-
income
4 794
-
24 273
-
total
7 757
-
54 060
-
Employer
26 929
-
122 109
-
surtax
-
-
13 432
-
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.

6 487
-
26 459
-
total
6 487
-
39 891
-
Corporate
128 584
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%.

25 717
32 400
-
-
total
25 717
32 400
-
-
Dividends

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

102 867
129 600
-
-
total
-
-
-
-
Income
162 000
162 000
162 000
162 000
Total tax
39 961
32 400
93 951
106 126
After tax
122 039
129 600
68 049
55 874
Living cost
19 173
19 173
19 173
19 173
Free-cash
102 866
110 427
48 876
36 701

Estimated living cost  is ₽19173 per week

₽12232
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1826
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽435
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4680
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽62570
₽41593
₽50853
₽35946
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
11 364
income
-
-
-
50 378
pensions
-
-
-
10 798
total
-
-
-
72 540
Employee
78 700
78 700
144 873
-
income

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

12 882
12 882
21 534
-
pensions
14 166
10 798
10 798
-
health
12 080
10 275
11 364
-
total
39 128
33 955
43 696
-
Employer
78 700
78 700
144 873
-
unemployment
2 833
2 833
3 521
-
health
5 471
5 471
6 798
-
pensions
5 478
5 478
6 808
-
total
13 782
13 782
17 127
-
Corporate
70 484
69 519
-
-
income
14 096
13 904
-
-
total
14 096
13 904
-
-
Dividends
56 388
55 615
-
-
income
11 983
11 817
-
-
withholding
8 458
8 342
-
-
total
20 441
20 159
-
-
Income
162 000
162 000
162 000
162 000
Total tax
87 447
81 800
60 823
72 540
After tax
74 553
80 200
101 177
89 460
Living cost
38 607
38 607
38 607
38 607
Free-cash
35 946
41 593
62 570
50 853

Estimated living cost  is ₽38607 per week

₽27360
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3480
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽614
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7153
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽44815
₽50712
₽45731
₽49864
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
162 000
other
-
-
-
9 611
health
-
-
-
5 161
accident
-
-
-
165
pensions
-
-
-
8 941
national
-
-
-
13 405
unemployment
-
-
-
83
municipal
-
-
-
41 163
total
-
-
-
78 529
Employee
53 776
-
136 012
-
municipal
16 036
-
40 559
-
national
-
-
12 898
-
total
16 036
-
53 457
-
Employer
53 776
-
136 012
-
other
6 249
-
9 611
-
unemployment
1 420
-
2 184
-
health
3 307
-
5 087
-
accident
108
-
165
-
pensions
5 813
-
8 941
-
total
16 897
-
25 988
-
Corporate
91 327
162 000
-
-
income
20 092
35 640
-
-
total
20 092
35 640
-
-
Dividends
71 235
126 360
-
-
withholding
21 371
37 908
-
-
total
21 371
37 908
-
-
Income
162 000
162 000
162 000
162 000
Total tax
74 396
73 548
79 445
78 529
After tax
87 604
88 452
82 555
83 471
Living cost
37 740
37 740
37 740
37 740
Free-cash
49 864
50 712
44 815
45 731

Estimated living cost  is ₽37740 per week

₽25013
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3703
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽573
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8451
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽66708
₽44670
₽47108
₽57620
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
162 000
health

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

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

-
-
-
6 296
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.

-
-
-
50 039
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.

-
-
-
2 753
trade
-
-
-
19 600
total
-
-
-
78 688
Employee

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

46 736
-
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.

220
-
2 753
-
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.

4 015
-
50 039
-
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.

6 296
-
6 296
-
total
10 531
-
59 088
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
115 264
162 000
-
-
chamber of commerce
304
371
-
-
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.

951
1 336
-
-
trade
18 962
26 650
-
-
income
17 290
24 299
-
-
total
37 507
52 656
-
-
Dividends
77 757
109 344
-
-
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.

1 049
1 485
-
-
withholding
19 089
26 985
-
-
total
20 138
28 470
-
-
Income
162 000
162 000
162 000
162 000
Total tax
68 176
81 126
59 088
78 688
After tax
93 824
80 874
102 912
83 312
Living cost
36 204
36 204
36 204
36 204
Free-cash
57 620
44 670
66 708
47 108

Estimated living cost  is ₽36204 per week

₽24213
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3818
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽540
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7632
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽79426
₽88289
₽80851
₽84466
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
162 000
social contributions
-
-
-
14 911
health
-
-
-
4 131
income
-
-
-
32 215
total
-
-
-
51 257
Employee
70 866
70 866
151 269
-
social contributions
3 444
5 882
7 933
-
income
7 442
6 560
31 447
-
health
705
1 205
2 571
-
total
11 591
13 647
41 951
-
Employer
70 866
70 866
151 269
-
health
768
1 312
2 798
-
social contributions
3 444
5 882
7 933
-
total
4 212
7 194
10 731
-
Corporate
116 307
83 941
-
-
income
14 539
10 493
-
-
total
14 539
10 493
-
-
Dividends
101 768
73 447
-
-
withholding
17 300
12 485
-
-
total
17 300
12 485
-
-
Income
162 000
162 000
162 000
162 000
Total tax
47 642
43 819
52 682
51 257
After tax
114 358
118 181
109 318
110 743
Living cost
29 892
29 892
29 892
29 892
Free-cash
84 466
88 289
79 426
80 851

Estimated living cost  is ₽29892 per week

₽20434
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2335
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽502
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6621
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽76605
₽73707
₽94917
₽74068
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
162 000
health
-
-
-
11 340
income
-
-
-
19 805
pensions
-
-
-
16 200
unemployment
-
-
-
2 430
total
-
-
-
49 775
Employee

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

The minimum wage is 138,000 HUF per month.

24 985
9 944
135 565
-
income
3 054
1 216
16 573
-
pensions
2 499
994
13 556
-
health
1 749
696
9 490
-
unemployment
375
149
2 033
-
total
7 677
3 055
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.

24 985
9 944
135 565
-
pensions
4 872
1 939
26 435
-
total
4 872
1 939
26 435
-
Corporate
132 143
150 117
-
-
income
11 893
13 511
-
-
total
11 893
13 511
-
-
Dividends
120 250
136 607
-
-
social contributions
23 335
26 525
-
-
withholding
22 847
25 955
-
-
total
46 182
52 480
-
-
Income
162 000
162 000
162 000
162 000
Total tax
70 624
70 985
68 087
49 775
After tax
91 376
91 015
93 913
112 225
Living cost
17 308
17 308
17 308
17 308
Free-cash
74 068
73 707
76 605
94 917

Estimated living cost  is ₽17308 per week

₽11812
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1416
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽346
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3735
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Budapest model

Close
Tallinn , Estonia
₽71114
₽107340
₽64573
₽101615
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
162 000
health
-
-
-
21 060
income
-
-
-
21 707
pensions
-
-
-
32 400
total
-
-
-
75 167
Employee
26 144
-
121 076
-
income
2 943
-
23 342
-
pensions
523
-
2 422
-
unemployment
418
-
1 938
-
total
3 884
-
27 702
-
Employer
26 144
-
121 076
-
unemployment
210
-
969
-
health
3 398
-
15 740
-
pensions
5 229
-
24 215
-
total
8 837
-
40 924
-
Corporate
127 019
162 000
-
-
income
25 404
32 400
-
-
total
25 404
32 400
-
-
Dividends
101 614
129 600
-
-
total
-
-
-
-
Income
162 000
162 000
162 000
162 000
Total tax
38 125
32 400
68 626
75 167
After tax
123 875
129 600
93 374
86 833
Living cost
22 260
22 260
22 260
22 260
Free-cash
101 615
107 340
71 114
64 573

Estimated living cost  is ₽22260 per week

₽15268
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1326
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.
₽5219
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽67498
-₽7318
₽90310
₽9985
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
162 000
other
-
-
-
344
health
-
-
-
2 026
accident
-
-
-
235
income
-
-
-
44 779
pensions
-
-
-
3 866
total
-
-
-
51 250
Employee
32 153
-
145 759
-
income
4 411
-
34 044
-
pensions
3 621
-
7 088
-
health
3 682
-
16 689
-
total
11 714
-
57 821
-
Employer
32 153
-
145 759
-
unemployment
788
-
3 571
-
accident
537
-
2 434
-
pensions
5 228
-
10 236
-
total
6 553
-
16 241
-
Corporate
123 294
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.

110 965
145 800
-
-
total
110 965
145 800
-
-
Dividends
12 329
16 200
-
-
withholding
2 343
3 078
-
-
total
2 343
3 078
-
-
Income
162 000
162 000
162 000
162 000
Total tax
131 575
148 878
74 062
51 250
After tax
30 425
13 122
87 938
110 750
Living cost
20 440
20 440
20 440
20 440
Free-cash
9 985
-7 318
67 498
90 310

Estimated living cost  is ₽20440 per week

₽14981
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1132
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽427
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3901
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽121943
₽146243
₽152723
₽144807
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

We expect you will register a microenterprise to benefit from 1% tax rate. Otherwise you will be taxed at a personal income rate of 20%.

-
-
-
162 000
microenterprise

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

-
-
-
1 620
total
-
-
-
1 620
Employee
9 571
-
162 000
-
income
1 914
-
32 400
-
total
1 914
-
32 400
-
Employer
-
-
-
-
total
-
-
-
-
Corporate

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

152 429
162 000
-
-
total
-
-
-
-
Dividends
152 429
162 000
-
-
withholding
7 622
8 100
-
-
total
7 622
8 100
-
-
Income
162 000
162 000
162 000
162 000
Total tax
9 536
8 100
32 400
1 620
After tax
152 464
153 900
129 600
160 380
Living cost
7 657
7 657
7 657
7 657
Free-cash
144 807
146 243
121 943
152 723

Estimated living cost  is ₽7657 per week

₽4745
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽636
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽210
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2065
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽67263
₽94466
₽65998
₽88238
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
162 000
other
-
-
-
6 656
health
-
-
-
6 167
income
-
-
-
24 987
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.

-
-
-
33 635
total
-
-
-
71 445
Employee
33 462
-
129 392
-
income
5 761
-
25 408
-
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.

2 342
-
9 058
-
health
469
-
1 812
-
unemployment
334
-
1 294
-
total
8 906
-
37 572
-
Employer
33 462
-
129 392
-
other
1 674
-
6 469
-
unemployment
334
-
1 294
-
health
469
-
1 812
-
accident
268
-
1 035
-
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.

5 689
-
21 998
-
total
8 434
-
32 608
-
Corporate
120 105
162 000
-
-
income
25 223
34 019
-
-
total
25 223
34 019
-
-
Dividends
94 882
127 981
-
-
withholding
6 642
8 958
-
-
total
6 642
8 958
-
-
Income
162 000
162 000
162 000
162 000
Total tax
49 205
42 977
70 180
71 445
After tax
112 795
119 023
91 820
90 555
Living cost
24 557
24 557
24 557
24 557
Free-cash
88 238
94 466
67 263
65 998

Estimated living cost  is ₽24557 per week

₽17351
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1658
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽395
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5152
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽31761
₽44980
₽46416
₽47985
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
162 000
income
-
-
-
46 473
pensions
-
-
-
8 223
total
-
-
-
54 696
Employee
86 147
-
141 501
-
income
15 529
-
36 702
-
health
1 420
-
2 045
-
pensions
8 311
-
10 104
-
total
25 260
-
48 851
-
Employer
86 147
-
141 501
-
health
1 636
-
2 689
-
pensions
10 172
-
17 811
-
total
11 808
-
20 500
-
Corporate
64 045
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.

12 169
30 779
-
-
total
12 169
30 779
-
-
Dividends
51 877
131 221
-
-
withholding
3 890
25 353
-
-
total
3 890
25 353
-
-
Income
162 000
162 000
162 000
162 000
Total tax
53 127
56 132
69 351
54 696
After tax
108 873
105 868
92 649
107 304
Living cost
60 888
60 888
60 888
60 888
Free-cash
47 985
44 980
31 761
46 416

Estimated living cost  is ₽60888 per week

₽45625
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽7154
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽495
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7615
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽123669
₽126587
₽117296
₽122364
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
162 000
health
-
-
-
3 653
income
-
-
-
24 300
pensions

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

-
-
-
4 701
unemployment
-
-
-
127
total
-
-
-
32 781
Employee
15 787
-
155 768
-
income
1 578
-
15 577
-
accident

We are using the highest rate at 1.1%.

174
-
349
-
pensions

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

1 386
-
2 789
-
health
726
-
1 461
-
total
3 864
-
20 176
-
Employer
15 787
-
155 768
-
unemployment
94
-
191
-
health
1 090
-
2 192
-
accident

We are using the highest rate at 1.1%.

174
-
349
-
pensions

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

1 740
-
3 500
-
total
3 098
-
6 232
-
Corporate
143 115
162 000
-
-
income
14 311
16 200
-
-
total
14 311
16 200
-
-
Dividends
128 803
145 800
-
-
withholding
6 440
7 290
-
-
total
6 440
7 290
-
-
Income
162 000
162 000
162 000
162 000
Total tax
27 713
23 490
26 408
32 781
After tax
134 287
138 510
135 592
129 219
Living cost
11 923
11 923
11 923
11 923
Free-cash
122 364
126 587
123 669
117 296

Estimated living cost  is ₽11923 per week

₽6961
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽851
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽316
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3795
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽50073
₽29096
₽38356
₽31415
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
11 364
income
-
-
-
50 378
pensions
-
-
-
10 798
total
-
-
-
72 540
Employee
85 443
78 700
144 873
-
income

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

12 882
12 882
21 534
-
pensions
10 798
10 798
10 798
-
health
10 660
10 275
11 364
-
total
34 340
33 955
43 696
-
Employer
85 443
78 700
144 873
-
unemployment
3 076
2 833
3 521
-
health
5 937
5 471
6 798
-
pensions
5 946
5 478
6 808
-
total
14 959
13 782
17 127
-
Corporate
61 597
69 519
-
-
income
12 319
13 904
-
-
total
12 319
13 904
-
-
Dividends
49 278
55 615
-
-
income
10 472
11 817
-
-
withholding
7 391
8 342
-
-
total
17 863
20 159
-
-
Income
162 000
162 000
162 000
162 000
Total tax
79 481
81 800
60 823
72 540
After tax
82 519
80 200
101 177
89 460
Living cost
51 104
51 104
51 104
51 104
Free-cash
31 415
29 096
50 073
38 356

Estimated living cost  is ₽51104 per week

₽37697
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4565
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽586
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8257
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽61428
₽88788
₽68538
₽80673
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
162 000
social contributions
-
-
-
32 734
health
-
-
-
21 870
income
-
-
-
16 109
solidarity contribution
-
-
-
-
total
-
-
-
70 713
Employee
33 454
-
122 912
-
social contributions
2 175
-
7 287
-
solidarity contribution
-
-
-
-
income
4 014
-
14 855
-
health
4 516
-
16 593
-
total
10 705
-
38 735
-
Employer
33 454
-
122 912
-
health
3 011
-
11 062
-
social contributions
8 363
-
28 026
-
total
11 374
-
39 088
-
Corporate
117 172
162 000
-
-
income
22 263
30 780
-
-
total
22 263
30 780
-
-
Dividends
94 909
131 220
-
-
withholding
14 236
19 683
-
-
total
14 236
19 683
-
-
Income
162 000
162 000
162 000
162 000
Total tax
58 578
50 463
77 823
70 713
After tax
103 422
111 537
84 177
91 287
Living cost
22 749
22 749
22 749
22 749
Free-cash
80 673
88 788
61 428
68 538

Estimated living cost  is ₽22749 per week

₽15801
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1618
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽447
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4882
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽31236
₽47545
₽38557
₽42734
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
162 000
social contributions
-
-
-
41 666
national
-
-
-
40 015
regional
-
-
-
1 912
municipal
-
-
-
962
total
-
-
-
84 555
Employee
81 905
-
162 000
-
social contributions
27 619
-
54 627
-
municipal
434
-
859
-
national
14 192
-
34 702
-
regional
773
-
1 688
-
total
43 018
-
91 876
-
Employer
81 905
-
162 000
-
total
-
-
-
-
Corporate
80 095
162 000
-
-
nationa
19 222
38 880
-
-
municipal
3 124
6 319
-
-
total
22 346
45 199
-
-
Dividends
57 749
116 802
-
-
withholding
15 014
30 368
-
-
total
15 014
30 368
-
-
Income
162 000
162 000
162 000
162 000
Total tax
80 378
75 567
91 876
84 555
After tax
81 622
86 433
70 124
77 445
Living cost
38 888
38 888
38 888
38 888
Free-cash
42 734
47 545
31 236
38 557

Estimated living cost  is ₽38888 per week

₽27108
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2550
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽596
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8633
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽50695
₽81562
₽56329
₽78693
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
162 000
other
-
-
-
-
health
-
-
-
8 732
income
-
-
-
44 864
pensions
-
-
-
24 600
surtax
-
-
-
6 929
unemployment
-
-
-
210
total
-
-
-
85 335
Employee
30 477
-
136 109
-
surtax
100
-
5 826
-
income
5 109
-
39 352
-
other
-
-
-
-
pensions
2 032
-
8 204
-
health
778
-
3 136
-
unemployment
2 121
-
8 561
-
total
10 140
-
65 079
-
Employer
30 477
-
136 109
-
other
-
-
-
-
unemployment
965
-
3 898
-
health
1 387
-
5 596
-
pensions
4 063
-
16 396
-
total
6 415
-
25 890
-
Corporate
125 109
162 000
-
-
income
32 528
42 120
-
-
total
32 528
42 120
-
-
Dividends
92 581
119 880
-
-
withholding
13 888
17 982
-
-
total
13 888
17 982
-
-
Income
162 000
162 000
162 000
162 000
Total tax
62 971
60 102
90 969
85 335
After tax
99 029
101 898
71 031
76 665
Living cost
20 336
20 336
20 336
20 336
Free-cash
78 693
81 562
50 695
56 329

Estimated living cost  is ₽20336 per week

₽12435
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1877
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽469
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5556
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details

Source of data for Thessaloniki model

Close
Cambridge , United Kingdom
₽51052
₽64271
₽65707
₽70284
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
162 000
income
-
-
-
46 473
pensions
-
-
-
8 223
total
-
-
-
54 696
Employee
57 734
-
141 501
-
income
10 398
-
36 702
-
health
838
-
2 045
-
pensions
4 900
-
10 104
-
total
16 136
-
48 851
-
Employer
57 734
-
141 501
-
health
1 097
-
2 689
-
pensions
6 250
-
17 811
-
total
7 347
-
20 500
-
Corporate
96 920
162 000
-
-
income

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

18 414
30 779
-
-
total
18 414
30 779
-
-
Dividends
78 506
131 221
-
-
withholding
8 222
25 353
-
-
total
8 222
25 353
-
-
Income
162 000
162 000
162 000
162 000
Total tax
50 119
56 132
69 351
54 696
After tax
111 881
105 868
92 649
107 304
Living cost
41 597
41 597
41 597
41 597
Free-cash
70 284
64 271
51 052
65 707

Estimated living cost  is ₽41597 per week

₽31164
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3118
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽435
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6879
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽50283
₽462
₽57912
₽31958
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
162 000
other

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

-
-
-
3 241
health
-
-
-
365
pensions
-
-
-
14 905
city
-
-
-
1 707
national
-
-
-
2 452
regional
-
-
-
7 801
total
-
-
-
30 471
Employee
86 151
-
144 996
-
national
408
-
1 889
-
city
925
-
1 558
-
pensions
7 238
-
12 180
-
health
195
-
327
-
regional
2 821
-
6 739
-
unemployment
-
-
-
-
total
11 587
-
22 693
-
Employer
86 151
-
144 996
-
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.

1 722
-
2 900
-
unemployment
-
-
-
-
health
195
-
327
-
pensions
7 238
-
12 180
-
total
9 155
-
15 407
-
Corporate
65 747
162 000
-
-
regional
13 905
34 262
-
-
national
5 589
13 770
-
-
total
19 494
48 032
-
-
Dividends
46 253
113 967
-
-
withholding
16 189
39 889
-
-
total
16 189
39 889
-
-
Income
162 000
162 000
162 000
162 000
Total tax
56 425
87 921
38 100
30 471
After tax
105 575
74 079
123 900
131 529
Living cost
73 617
73 617
73 617
73 617
Free-cash
31 958
462
50 283
57 912

Estimated living cost  is ₽73617 per week

₽47872
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽6606
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽904
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽18235
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽60693
₽37823
₽40259
₽52764
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
162 000
health

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

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

-
-
-
6 296
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.

-
-
-
50 039
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.

-
-
-
2 753
trade
-
-
-
20 434
total
-
-
-
79 522
Employee

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

55 386
-
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.

359
-
2 753
-
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.

6 513
-
50 039
-
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.

6 296
-
6 296
-
total
13 168
-
59 088
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
106 614
162 000
-
-
chamber of commerce
290
367
-
-
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.

880
1 336
-
-
trade
18 285
27 783
-
-
income
15 992
24 299
-
-
total
35 447
53 785
-
-
Dividends
71 167
108 215
-
-
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.

960
1 469
-
-
withholding
17 442
26 704
-
-
total
18 402
28 173
-
-
Income
162 000
162 000
162 000
162 000
Total tax
67 017
81 958
59 088
79 522
After tax
94 983
80 042
102 912
82 478
Living cost
42 219
42 219
42 219
42 219
Free-cash
52 764
37 823
60 693
40 259

Estimated living cost  is ₽42219 per week

₽30835
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3377
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽549
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7459
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽57516
₽50118
₽59767
₽55558
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
162 000
other
-
-
-
5 023
social contributions
-
-
-
4 615
health
-
-
-
6 838
income
-
-
-
25 308
pensions
-
-
-
28 918
surtax
-
-
-
-
total
-
-
-
70 702
Employee
39 443
-
125 550
-
surtax
-
-
-
-
social contributions
1 125
-
3 578
-
income
2 328
-
24 265
-
pensions
4 460
-
8 659
-
total
7 913
-
36 502
-
Employer
39 443
-
125 550
-
other
1 361
-
4 868
-
unemployment
1 597
-
5 084
-
health
2 762
-
11 533
-
pensions
6 480
-
14 590
-
social contributions
119
-
376
-
total
12 319
-
36 451
-
Corporate
110 240
162 000
-
-
surtax
-
-
-
-
income
30 868
45 359
-
-
total
30 868
45 359
-
-
Dividends
79 372
116 641
-
-
social contributions
13 652
20 062
-
-
surtax
-
-
-
-
withholding
10 159
14 930
-
-
total
23 811
34 992
-
-
Income
162 000
162 000
162 000
162 000
Total tax
74 911
80 351
72 953
70 702
After tax
87 089
81 649
89 047
91 298
Living cost
31 531
31 531
31 531
31 531
Free-cash
55 558
50 118
57 516
59 767

Estimated living cost  is ₽31531 per week

₽19881
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2564
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽537
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8550
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽60640
₽53242
₽62891
₽58364
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
162 000
other
-
-
-
5 023
social contributions
-
-
-
4 615
health
-
-
-
6 838
income
-
-
-
25 308
pensions
-
-
-
28 918
surtax
-
-
-
-
total
-
-
-
70 702
Employee
35 208
-
125 550
-
surtax
-
-
-
-
social contributions
1 004
-
3 578
-
income
1 815
-
24 265
-
pensions
3 982
-
8 659
-
total
6 801
-
36 502
-
Employer
35 208
-
125 550
-
other
1 215
-
4 868
-
unemployment
1 425
-
5 084
-
health
2 464
-
11 533
-
pensions
5 785
-
14 590
-
social contributions
105
-
376
-
total
10 994
-
36 451
-
Corporate
115 797
162 000
-
-
surtax
-
-
-
-
income
32 423
45 359
-
-
total
32 423
45 359
-
-
Dividends
83 374
116 641
-
-
social contributions
14 339
20 062
-
-
surtax
-
-
-
-
withholding
10 672
14 930
-
-
total
25 011
34 992
-
-
Income
162 000
162 000
162 000
162 000
Total tax
75 229
80 351
72 953
70 702
After tax
86 771
81 649
89 047
91 298
Living cost
28 407
28 407
28 407
28 407
Free-cash
58 364
53 242
60 640
62 891

Estimated living cost  is ₽28407 per week

₽16475
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2886
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽539
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8508
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽81163
₽79293
₽84495
₽79770
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
162 000
social contributions
-
-
-
22 356
health
-
-
-
11 308
income
-
-
-
24 299
total
-
-
-
57 963
Employee
31 247
-
162 000
-
social contributions
4 313
-
22 356
-
income
5 212
-
27 631
-
health
2 181
-
11 308
-
total
11 706
-
61 295
-
Employer
31 247
-
162 000
-
total
-
-
-
-
Corporate
130 753
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%.

6 537
8 099
-
-
total
6 537
8 099
-
-
Dividends
124 215
153 901
-
-
social contributions
17 141
21 239
-
-
withholding
18 633
23 085
-
-
health
8 671
10 742
-
-
total
44 445
55 066
-
-
Income
162 000
162 000
162 000
162 000
Total tax
62 688
63 165
61 295
57 963
After tax
99 312
98 835
100 705
104 037
Living cost
19 542
19 542
19 542
19 542
Free-cash
79 770
79 293
81 163
84 495

Estimated living cost  is ₽19542 per week

₽13078
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1205
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽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.
₽4808
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽10476
₽57164
₽50671
₽55738
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
162 000
health
-
-
-
8 236
income
-
-
-
44 219
chamber of commerce
-
-
-
649
pensions
-
-
-
19 918
surtax
-
-
-
182
unemployment
-
-
-
5 652
total
-
-
-
78 856
Employee
46 057
36 727
129 257
-
income
5 243
2 709
35 370
-
other
460
367
1 077
-
pensions
4 717
3 760
11 025
-
health
1 782
1 422
4 166
-
unemployment
1 382
1 102
3 230
-
total
13 584
9 360
54 868
-
Employer
46 057
36 727
129 257
-
other
2 188
1 744
5 955
-
unemployment
1 382
1 102
3 230
-
health
1 740
1 389
4 070
-
surtax
182
182
182
-
accident
598
477
1 399
-
pensions
5 780
4 610
13 512
-
payroll
1 382
1 102
3 877
-
chamber of commerce
184
147
518
-
total
13 436
10 753
32 743
-
Corporate
102 508
114 521
125 759
-
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.

25 627
28 629
31 440
-
total
25 627
28 629
31 440
-
Dividends
76 881
85 892
-
-
withholding
21 142
23 621
-
-
total
21 142
23 621
-
-
Income
162 000
162 000
162 000
162 000
Total tax
73 789
72 363
119 051
78 856
After tax
88 211
89 637
42 949
83 144
Living cost
32 473
32 473
32 473
32 473
Free-cash
55 738
57 164
10 476
50 671

Estimated living cost  is ₽32473 per week

₽21658
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2770
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽533
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7511
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽23455
₽56999
₽36628
₽43177
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
162 000
social contributions
-
-
-
22 977
communal

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

-
-
-
8 342
national
-
-
-
60 451
total
-
-
-
91 770
Employee

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

65 922
-
125 476
-
national
20 267
-
45 476
-
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.

4 944
-
9 411
-
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.

3 097
-
5 897
-
communal

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

3 438
-
6 544
-
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.

574
-
1 091
-
total
32 320
-
68 419
-
Employer

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

65 922
-
125 476
-
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.

962
-
1 831
-
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.

4 054
-
7 716
-
surtax
7 475
-
14 229
-
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.

857
-
1 630
-
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.

5 841
-
11 118
-
total
19 189
-
36 524
-
Corporate
76 889
162 000
-
-
surtax
308
649
-
-
income
15 378
32 400
-
-
total
15 686
33 049
-
-
Dividends
61 203
128 951
-
-
withholding

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

18 026
38 350
-
-
total
18 026
38 350
-
-
Income
162 000
162 000
162 000
162 000
Total tax
85 221
71 399
104 943
91 770
After tax
76 779
90 601
57 057
70 230
Living cost
33 602
33 602
33 602
33 602
Free-cash
43 177
56 999
23 455
36 628

Estimated living cost  is ₽33602 per week

₽21644
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2938
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽526
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8494
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽53767
₽74706
₽57634
₽68366
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
162 000
other
-
-
-
86
accident
-
-
-
770
income
-
-
-
45 456
pensions
-
-
-
24 173
unemployment
-
-
-
598
total
-
-
-
71 083
Employee
45 875
-
134 768
-
income
9 679
-
42 293
-
other
45
-
86
-
pensions
2 156
-
4 015
-
unemployment
712
-
1 324
-
total
12 592
-
47 718
-
Employer
45 875
-
134 768
-
other
366
-
684
-
unemployment
2 524
-
4 698
-
accident
908
-
1 691
-
pensions
10 826
-
20 159
-
total
14 624
-
27 232
-
Corporate
101 503
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.

15 226
24 299
-
-
total
15 226
24 299
-
-
Dividends
86 277
137 701
-
-
withholding
17 909
29 712
-
-
total
17 909
29 712
-
-
Income
162 000
162 000
162 000
162 000
Total tax
60 351
54 011
74 950
71 083
After tax
101 649
107 989
87 050
90 917
Living cost
33 283
33 283
33 283
33 283
Free-cash
68 366
74 706
53 767
57 634

Estimated living cost  is ₽33283 per week

₽24509
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2361
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽479
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5932
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽36507
₽44702
₽30049
₽32960
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
11 382
accident
-
-
-
1 366
income
-
-
-
26 569
pensions
-
-
-
24 282
communal
-
-
-
10 238
surtax
-
-
-
8 031
total
-
-
-
81 868
Employee
69 791
-
144 707
-
surtax
4 278
-
8 869
-
income
6 741
-
31 233
-
pensions
5 582
-
11 576
-
health
3 106
-
6 439
-
total
19 707
-
58 117
-
Employer
69 791
-
144 707
-
health
2 128
-
4 414
-
accident
628
-
1 303
-
pensions
5 582
-
11 576
-
total
8 338
-
17 293
-
Corporate
83 870
162 000
-
-
surtax
881
1 702
-
-
income
12 580
24 299
-
-
communal
5 661
10 936
-
-
total
19 122
36 937
-
-
Dividends
64 748
125 063
-
-
income
22 078
11 519
-
-
withholding
9 712
18 759
-
-
total
31 790
30 278
-
-
Income
162 000
162 000
162 000
162 000
Total tax
78 957
67 215
75 410
81 868
After tax
83 043
94 785
86 590
80 132
Living cost
50 083
50 083
50 083
50 083
Free-cash
32 960
44 702
36 507
30 049

Estimated living cost  is ₽50083 per week

₽37570
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3034
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽530
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8947
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽50331
₽81198
₽55965
₽78268
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
162 000
other
-
-
-
-
health
-
-
-
8 732
income
-
-
-
44 864
pensions
-
-
-
24 600
surtax
-
-
-
6 929
unemployment
-
-
-
210
total
-
-
-
85 335
Employee
31 036
-
136 109
-
surtax
110
-
5 826
-
income
5 203
-
39 352
-
other
-
-
-
-
pensions
2 071
-
8 204
-
health
792
-
3 136
-
unemployment
2 160
-
8 561
-
total
10 336
-
65 079
-
Employer
31 036
-
136 109
-
other
-
-
-
-
unemployment
985
-
3 898
-
health
1 411
-
5 596
-
pensions
4 138
-
16 396
-
total
6 534
-
25 890
-
Corporate
124 430
162 000
-
-
income
32 351
42 120
-
-
total
32 351
42 120
-
-
Dividends
92 079
119 880
-
-
withholding
13 811
17 982
-
-
total
13 811
17 982
-
-
Income
162 000
162 000
162 000
162 000
Total tax
63 032
60 102
90 969
85 335
After tax
98 968
101 898
71 031
76 665
Living cost
20 700
20 700
20 700
20 700
Free-cash
78 268
81 198
50 331
55 965

Estimated living cost  is ₽20700 per week

₽12498
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1800
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽481
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5924
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽44806
₽60324
₽52089
₽58279
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
162 000
social contributions
-
-
-
41 666
national
-
-
-
40 015
regional
-
-
-
2 442
municipal
-
-
-
962
total
-
-
-
85 085
Employee
51 122
-
162 000
-
social contributions
17 239
-
54 627
-
municipal
271
-
859
-
national
8 099
-
34 702
-
regional
688
-
2 180
-
total
26 297
-
92 368
-
Employer
51 122
-
162 000
-
total
-
-
-
-
Corporate
110 878
162 000
-
-
nationa
26 611
38 880
-
-
municipal
5 511
8 052
-
-
total
32 122
46 932
-
-
Dividends
78 756
115 068
-
-
withholding
20 476
29 918
-
-
total
20 476
29 918
-
-
Income
162 000
162 000
162 000
162 000
Total tax
78 895
76 850
92 368
85 085
After tax
83 105
85 150
69 632
76 915
Living cost
24 826
24 826
24 826
24 826
Free-cash
58 279
60 324
44 806
52 089

Estimated living cost  is ₽24826 per week

₽15439
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2515
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽425
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6446
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽56145
₽83505
₽63255
₽73505
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
162 000
social contributions
-
-
-
32 734
health
-
-
-
21 870
income
-
-
-
16 109
solidarity contribution
-
-
-
-
total
-
-
-
70 713
Employee
41 224
-
122 912
-
social contributions
2 680
-
7 287
-
solidarity contribution
-
-
-
-
income
4 947
-
14 855
-
health
5 565
-
16 593
-
total
13 192
-
38 735
-
Employer
41 224
-
122 912
-
health
3 710
-
11 062
-
social contributions
10 306
-
28 026
-
total
14 016
-
39 088
-
Corporate
106 760
162 000
-
-
income
20 284
30 780
-
-
total
20 284
30 780
-
-
Dividends
86 476
131 220
-
-
withholding
12 971
19 683
-
-
total
12 971
19 683
-
-
Income
162 000
162 000
162 000
162 000
Total tax
60 463
50 463
77 823
70 713
After tax
101 537
111 537
84 177
91 287
Living cost
28 032
28 032
28 032
28 032
Free-cash
73 505
83 505
56 145
63 255

Estimated living cost  is ₽28032 per week

₽20847
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1553
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽485
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5148
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽13592
₽60335
₽53924
₽59879
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
162 000
health
-
-
-
8 236
income
-
-
-
44 219
chamber of commerce
-
-
-
649
pensions
-
-
-
19 918
surtax
-
-
-
-
unemployment
-
-
-
5 652
total
-
-
-
78 674
Employee
40 285
36 727
129 427
-
income
3 589
2 709
35 452
-
other
402
367
1 077
-
pensions
4 126
3 760
11 025
-
health
1 558
1 422
4 166
-
unemployment
1 208
1 102
3 230
-
total
10 883
9 360
54 950
-
Employer
40 285
36 727
129 427
-
other
1 913
1 744
5 962
-
unemployment
1 208
1 102
3 230
-
health
1 523
1 389
4 070
-
surtax
-
-
-
-
accident
523
477
1 399
-
pensions
5 056
4 610
13 512
-
payroll
1 208
1 102
3 883
-
chamber of commerce
161
147
518
-
total
11 592
10 571
32 574
-
Corporate
110 121
114 703
125 929
-
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.

27 531
28 675
31 482
-
total
27 531
28 675
31 482
-
Dividends
82 590
86 028
-
-
withholding
22 713
23 657
-
-
total
22 713
23 657
-
-
Income
162 000
162 000
162 000
162 000
Total tax
72 719
72 263
119 006
78 674
After tax
89 281
89 737
42 994
83 326
Living cost
29 402
29 402
29 402
29 402
Free-cash
59 879
60 335
13 592
53 924

Estimated living cost  is ₽29402 per week

₽17638
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3003
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽525
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8237
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽117668
₽141968
₽148448
₽139731
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
14 915
-
162 000
-
income
2 983
-
32 400
-
total
2 983
-
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%.

147 085
162 000
-
-
total
-
-
-
-
Dividends
147 085
162 000
-
-
withholding
7 354
8 100
-
-
total
7 354
8 100
-
-
Income
162 000
162 000
162 000
162 000
Total tax
10 337
8 100
32 400
1 620
After tax
151 663
153 900
129 600
160 380
Living cost
11 932
11 932
11 932
11 932
Free-cash
139 731
141 968
117 668
148 448

Estimated living cost  is ₽11932 per week

₽8075
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽501
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽400
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2956
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽50128
₽86818
₽54419
₽79110
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

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

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

-
-
-
162 000
health
-
-
-
15 941
income
-
-
-
37 092
pensions
-
-
-
29 586
unemployment
-
-
-
243
total
-
-
-
82 862
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.

40 753
-
140 176
-
income
7 028
-
34 349
-
pensions
6 317
-
21 727
-
health
2 632
-
9 056
-
unemployment
58
-
196
-
total
16 035
-
65 328
-
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.

40 753
-
140 176
-
unemployment
24
-
84
-
health
2 714
-
9 336
-
pensions
3 606
-
12 405
-
total
6 344
-
21 825
-
Corporate
114 902
162 000
-
-
income
21 831
30 781
-
-
total
21 831
30 781
-
-
Dividends
93 071
131 219
-
-
withholding
13 961
19 682
-
-
total
13 961
19 682
-
-
Income
162 000
162 000
162 000
162 000
Total tax
58 171
50 463
87 153
82 862
After tax
103 829
111 537
74 847
79 138
Living cost
24 719
24 719
24 719
24 719
Free-cash
79 110
86 818
50 128
54 419

Estimated living cost  is ₽24719 per week

₽16964
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1584
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽479
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5693
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽107333
₽56667
₽70061
₽10484
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
162 000
social contributions
-
-
-
18 468
income
-
-
-
31 577
total
-
-
-
50 045
Employee
60 070
-
-
-
social contributions
4 926
-
702
-
income
13 250
-
-
-
total
18 176
-
702
-
Employer
60 070
-
-
-
social contributions
84 698
-
12 071
-
total
84 698
-
12 071
-
Corporate
17 232
162 000
-
-
income
3 791
35 640
-
-
total
3 791
35 640
-
-
Dividends
13 441
126 360
-
-
income
2 957
27 799
-
-
total
2 957
27 799
-
-
Income
162 000
162 000
162 000
162 000
Total tax
109 622
63 439
12 773
50 045
After tax
52 378
98 561
149 227
111 955
Living cost
41 894
41 894
41 894
41 894
Free-cash
10 484
56 667
107 333
70 061

Estimated living cost  is ₽41894 per week

₽27182
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3940
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽534
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10237
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽45592
₽63239
₽57874
₽62309
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

Based on articles 30.º, 31.º and 151.º of CIRS, sole-trader can use 75% of income as a tax base when earnings are below €200,000 per annum.

-
-
-
162 000
social contributions

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

-
-
-
56 295
income
-
-
-
18 924
surtax
-
-
-
-
total
-
-
-
75 219
Employee
42 386
-
130 908
-
surtax
-
-
-
-
social contributions
4 663
-
14 400
-
income
8 816
-
42 011
-
total
13 479
-
56 411
-
Employer
42 386
-
130 908
-
social contributions
10 067
-
31 090
-
total
10 067
-
31 090
-
Corporate
109 547
162 000
-
-
surtax
-
-
-
-
income
23 005
34 019
-
-
total
23 005
34 019
-
-
Dividends
86 542
127 981
-
-
withholding
24 233
35 835
-
-
total
24 233
35 835
-
-
Income
162 000
162 000
162 000
162 000
Total tax
70 784
69 854
87 501
75 219
After tax
91 216
92 146
74 499
86 781
Living cost
28 907
28 907
28 907
28 907
Free-cash
62 309
63 239
45 592
57 874

Estimated living cost  is ₽28907 per week

₽21629
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1705
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.
₽5091
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽44535
₽37137
₽46786
₽43471
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
162 000
other
-
-
-
5 023
social contributions
-
-
-
4 615
health
-
-
-
6 838
income
-
-
-
25 308
pensions
-
-
-
28 918
surtax
-
-
-
-
total
-
-
-
70 702
Employee
57 721
-
125 550
-
surtax
-
-
-
-
social contributions
1 644
-
3 578
-
income
5 036
-
24 265
-
pensions
6 529
-
8 659
-
total
13 209
-
36 502
-
Employer
57 721
-
125 550
-
other
1 992
-
4 868
-
unemployment
2 338
-
5 084
-
health
4 040
-
11 533
-
pensions
9 484
-
14 590
-
social contributions
173
-
376
-
total
18 027
-
36 451
-
Corporate
86 251
162 000
-
-
surtax
-
-
-
-
income
24 150
45 359
-
-
total
24 150
45 359
-
-
Dividends
62 101
116 641
-
-
social contributions
10 682
20 062
-
-
surtax
-
-
-
-
withholding
7 949
14 930
-
-
total
18 631
34 992
-
-
Income
162 000
162 000
162 000
162 000
Total tax
74 017
80 351
72 953
70 702
After tax
87 983
81 649
89 047
91 298
Living cost
44 512
44 512
44 512
44 512
Free-cash
43 471
37 137
44 535
46 786

Estimated living cost  is ₽44512 per week

₽30125
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3641
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽610
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10135
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽95922
₽118097
₽91617
₽115001
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
7 039
social contributions
-
-
-
35 641
total
-
-
-
42 680
Employee
29 628
-
140 260
-
income
-
-
7 518
-
social contributions
1 926
-
9 117
-
total
1 926
-
16 635
-
Employer
29 628
-
140 260
-
social contributions
4 593
-
21 740
-
total
4 593
-
21 740
-
Corporate
127 779
162 000
-
-
income
12 777
16 200
-
-
total
12 777
16 200
-
-
Dividends
115 002
145 800
-
-
total
-
-
-
-
Income
162 000
162 000
162 000
162 000
Total tax
19 296
16 200
38 375
42 680
After tax
142 704
145 800
123 625
119 320
Living cost
27 703
27 703
27 703
27 703
Free-cash
115 001
118 097
95 922
91 617

Estimated living cost  is ₽27703 per week

₽17912
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2088
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽521
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7181
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽38480
-₽38480
₽51234
-₽38480
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
162 000
labour market
-
-
-
12 896
pensions
-
-
-
798
national
-
-
-
19 014
municipal
-
-
-
33 743
total
-
-
-
66 451
Employee
187 041
187 041
187 041
-
labour market
14 942
14 942
14 942
-
municipal
39 829
39 829
39 829
-
national
22 850
22 850
22 850
-
pensions
266
266
266
-
total
77 887
77 887
77 887
-
Employer
187 041
187 041
187 041
-
national
22 890
22 890
22 890
-
labour market
14 963
14 963
14 963
-
pensions
532
532
532
-
municipal
39 893
39 893
39 893
-
total
78 278
78 278
78 278
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
162 000
162 000
162 000
162 000
Total tax
156 165
156 165
156 165
66 451
After tax
5 835
5 835
5 835
95 549
Living cost
44 315
44 315
44 315
44 315
Free-cash
-38 480
-38 480
-38 480
51 234

Estimated living cost  is ₽44315 per week

₽30329
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3920
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽682
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9383
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽67799
-₽7017
₽90611
₽10033
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
162 000
other
-
-
-
344
health
-
-
-
2 026
accident
-
-
-
235
income
-
-
-
44 779
pensions
-
-
-
3 866
total
-
-
-
51 250
Employee
31 679
-
145 759
-
income
4 346
-
34 044
-
pensions
3 567
-
7 088
-
health
3 628
-
16 689
-
total
11 541
-
57 821
-
Employer
31 679
-
145 759
-
unemployment
776
-
3 571
-
accident
529
-
2 434
-
pensions
5 151
-
10 236
-
total
6 456
-
16 241
-
Corporate
123 864
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.

111 478
145 800
-
-
total
111 478
145 800
-
-
Dividends
12 386
16 200
-
-
withholding
2 353
3 078
-
-
total
2 353
3 078
-
-
Income
162 000
162 000
162 000
162 000
Total tax
131 828
148 878
74 062
51 250
After tax
30 172
13 122
87 938
110 750
Living cost
20 139
20 139
20 139
20 139
Free-cash
10 033
-7 017
67 799
90 611

Estimated living cost  is ₽20139 per week

₽14659
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1148
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽378
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3954
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽49622
₽66150
₽69156
₽68459
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

You can choose the amount to declare for pension contributions and choose a pension insurance company or a pension insurance fund you prefer to use; or you could opt out of pension contributions altogether. You can find more details on Finnish Centre for Pensions

-
-
-
162 000
health
-
-
-
2 111
national
-
-
-
26 571
municipal
-
-
-
28 780
total
-
-
-
57 462
Employee
48 487
-
136 283
-
municipal
7 942
-
22 199
-
national
801
-
16 123
-
pensions
3 272
-
9 199
-
health
362
-
1 714
-
unemployment
728
-
2 044
-
total
13 105
-
51 279
-
Employer
48 487
-
136 283
-
unemployment
315
-
887
-
health
373
-
1 049
-
accident
49
-
136
-
pensions
8 412
-
23 645
-
total
9 149
-
25 717
-
Corporate
104 365
162 000
-
-
income
20 873
32 400
-
-
total
20 873
32 400
-
-
Dividends

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

62 619
97 200
-
-
national
3 760
10 572
-
-
municipal
11 272
17 496
-
-
total
15 032
28 068
-
-
Income
162 000
162 000
162 000
162 000
Total tax
58 159
60 468
76 996
57 462
After tax
103 841
101 532
85 004
104 538
Living cost
35 382
35 382
35 382
35 382
Free-cash
68 459
66 150
49 622
69 156

Estimated living cost  is ₽35382 per week

₽23112
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3403
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽563
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8305
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽87981
₽96844
₽89406
₽91831
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
162 000
social contributions
-
-
-
14 911
health
-
-
-
4 131
income
-
-
-
32 215
total
-
-
-
51 257
Employee
70 866
70 866
151 269
-
social contributions
2 679
5 882
7 933
-
income
7 716
6 560
31 447
-
health
549
1 205
2 571
-
total
10 944
13 647
41 951
-
Employer
70 866
70 866
151 269
-
health
596
1 312
2 798
-
social contributions
2 679
5 882
7 933
-
total
3 275
7 194
10 731
-
Corporate
126 442
83 941
-
-
income
15 805
10 493
-
-
total
15 805
10 493
-
-
Dividends
110 638
73 447
-
-
withholding
18 808
12 485
-
-
total
18 808
12 485
-
-
Income
162 000
162 000
162 000
162 000
Total tax
48 832
43 819
52 682
51 257
After tax
113 168
118 181
109 318
110 743
Living cost
21 337
21 337
21 337
21 337
Free-cash
91 831
96 844
87 981
89 406

Estimated living cost  is ₽21337 per week

₽12788
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2093
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽472
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5985
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽103181
₽119520
₽121665
₽114833
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

  • up to €9,000.00, 60% of the average monthly wage in Montenegro
  • up to €15,000.00, 100% of the average monthly wage in Montenegro
  • in excess of €15,000, 150% of the average monthly wage in Montenegro
-
-
-
162 000
health
-
-
-
3 335
income
-
-
-
16 480
pensions
-
-
-
5 862
unemployment
-
-
-
26
total
-
-
-
25 703
Employee

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

21 154
-
152 993
-
income
1 446
-
14 194
-
pensions
3 172
-
13 117
-
health
1 798
-
7 433
-
unemployment
105
-
437
-
total
6 521
-
35 181
-
Employer

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

21 154
-
152 993
-
unemployment
105
-
437
-
health
909
-
3 760
-
pensions
1 163
-
4 809
-
total
2 177
-
9 006
-
Corporate
138 669
162 000
-
-
income
12 480
14 581
-
-
total
12 480
14 581
-
-
Dividends
126 189
147 419
-
-
withholding
11 357
13 267
-
-
total
11 357
13 267
-
-
Income
162 000
162 000
162 000
162 000
Total tax
32 535
27 848
44 187
25 703
After tax
129 465
134 152
117 813
136 297
Living cost
14 632
14 632
14 632
14 632
Free-cash
114 833
119 520
103 181
121 665

Estimated living cost  is ₽14632 per week

₽9336
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1055
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽435
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3806
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽61707
₽82646
₽65574
₽78575
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
162 000
other
-
-
-
86
accident
-
-
-
770
income
-
-
-
45 456
pensions
-
-
-
24 173
unemployment
-
-
-
598
total
-
-
-
71 083
Employee
34 077
-
134 768
-
income
6 570
-
42 293
-
other
33
-
86
-
pensions
1 602
-
4 015
-
unemployment
528
-
1 324
-
total
8 733
-
47 718
-
Employer
34 077
-
134 768
-
other
273
-
684
-
unemployment
1 875
-
4 698
-
accident
675
-
1 691
-
pensions
8 041
-
20 159
-
total
10 864
-
27 232
-
Corporate
117 059
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.

17 559
24 299
-
-
total
17 559
24 299
-
-
Dividends
99 500
137 701
-
-
withholding
20 926
29 712
-
-
total
20 926
29 712
-
-
Income
162 000
162 000
162 000
162 000
Total tax
58 082
54 011
74 950
71 083
After tax
103 918
107 989
87 050
90 917
Living cost
25 343
25 343
25 343
25 343
Free-cash
78 575
82 646
61 707
65 574

Estimated living cost  is ₽25343 per week

₽17106
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2436
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽444
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5357
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽102491
₽99395
₽102613
₽99116
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
895
income
-
-
-
55 564
pensions
-
-
-
1 235
total
-
-
-
57 694
Employee
2 579
-
160 610
-
income
499
-
55 499
-
pensions
232
-
556
-
health
129
-
309
-
unemployment
26
-
62
-
total
886
-
56 426
-
Employer
2 579
-
160 610
-
unemployment
52
-
124
-
health
245
-
587
-
pensions
284
-
679
-
total
581
-
1 390
-
Corporate
158 841
162 000
-
-
income
34 945
35 640
-
-
total
34 945
35 640
-
-
Dividends
123 896
126 360
-
-
withholding
24 779
25 272
-
-
total
24 779
25 272
-
-
Income
162 000
162 000
162 000
162 000
Total tax
61 191
60 912
57 816
57 694
After tax
100 809
101 088
104 184
104 306
Living cost
1 693
1 693
1 693
1 693
Free-cash
99 116
99 395
102 491
102 613

Estimated living cost  is ₽1693 per week

₽1006
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽137
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽39
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽511
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽83727
₽101133
₽83728
₽96606
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

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

-
-
-
162 000
health
-
-
-
7 004
income
-
-
-
36 656
pensions
-
-
-
17 680
unemployment
-
-
-
1 020
total
-
-
-
62 360
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.

23 995
-
149 828
-
income
3 308
-
36 657
-
pensions
3 359
-
9 520
-
health
1 236
-
3 502
-
unemployment
180
-
510
-
total
8 083
-
50 189
-
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.

23 995
-
149 828
-
unemployment
180
-
510
-
health
1 236
-
3 502
-
pensions
2 879
-
8 160
-
total
4 295
-
12 172
-
Corporate
133 710
162 000
-
-
income
20 056
24 300
-
-
total
20 056
24 300
-
-
Dividends
113 653
137 700
-
-
withholding
17 048
20 655
-
-
total
17 048
20 655
-
-
Income
162 000
162 000
162 000
162 000
Total tax
49 482
44 955
62 361
62 360
After tax
112 518
117 045
99 639
99 640
Living cost
15 912
15 912
15 912
15 912
Free-cash
96 606
101 133
83 727
83 728

Estimated living cost  is ₽15912 per week

₽10714
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1231
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽460
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3507
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽49654
₽67301
₽61936
₽66970
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

Based on articles 30.º, 31.º and 151.º of CIRS, sole-trader can use 75% of income as a tax base when earnings are below €200,000 per annum.

-
-
-
162 000
social contributions

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

-
-
-
56 295
income
-
-
-
18 924
surtax
-
-
-
-
total
-
-
-
75 219
Employee
35 769
-
130 908
-
surtax
-
-
-
-
social contributions
3 935
-
14 400
-
income
6 989
-
42 011
-
total
10 924
-
56 411
-
Employer
35 769
-
130 908
-
social contributions
8 494
-
31 090
-
total
8 494
-
31 090
-
Corporate
117 737
162 000
-
-
surtax
-
-
-
-
income
24 724
34 019
-
-
total
24 724
34 019
-
-
Dividends
93 012
127 981
-
-
withholding
26 043
35 835
-
-
total
26 043
35 835
-
-
Income
162 000
162 000
162 000
162 000
Total tax
70 185
69 854
87 501
75 219
After tax
91 815
92 146
74 499
86 781
Living cost
24 845
24 845
24 845
24 845
Free-cash
66 970
67 301
49 654
61 936

Estimated living cost  is ₽24845 per week

₽17597
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1726
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽441
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5082
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽54661
₽75600
₽58528
₽69569
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
162 000
other
-
-
-
86
accident
-
-
-
770
income
-
-
-
45 456
pensions
-
-
-
24 173
unemployment
-
-
-
598
total
-
-
-
71 083
Employee
44 509
-
134 768
-
income
9 296
-
42 293
-
other
44
-
86
-
pensions
2 092
-
4 015
-
unemployment
689
-
1 324
-
total
12 121
-
47 718
-
Employer
44 509
-
134 768
-
other
357
-
684
-
unemployment
2 448
-
4 698
-
accident
881
-
1 691
-
pensions
10 504
-
20 159
-
total
14 190
-
27 232
-
Corporate
103 301
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.

15 495
24 299
-
-
total
15 495
24 299
-
-
Dividends
87 806
137 701
-
-
withholding
18 236
29 712
-
-
total
18 236
29 712
-
-
Income
162 000
162 000
162 000
162 000
Total tax
60 042
54 011
74 950
71 083
After tax
101 958
107 989
87 050
90 917
Living cost
32 389
32 389
32 389
32 389
Free-cash
69 569
75 600
54 661
58 528

Estimated living cost  is ₽32389 per week

₽23260
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2518
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽456
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6154
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽119949
₽122867
₽113576
₽117325
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
162 000
health
-
-
-
3 653
income
-
-
-
24 300
pensions

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

-
-
-
4 701
unemployment
-
-
-
127
total
-
-
-
32 781
Employee
20 714
-
155 768
-
income
2 072
-
15 577
-
accident

We are using the highest rate at 1.1%.

228
-
349
-
pensions

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

1 818
-
2 789
-
health
953
-
1 461
-
total
5 071
-
20 176
-
Employer
20 714
-
155 768
-
unemployment
124
-
191
-
health
1 429
-
2 192
-
accident

We are using the highest rate at 1.1%.

228
-
349
-
pensions

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

2 283
-
3 500
-
total
4 064
-
6 232
-
Corporate
137 222
162 000
-
-
income
13 722
16 200
-
-
total
13 722
16 200
-
-
Dividends
123 500
145 800
-
-
withholding
6 175
7 290
-
-
total
6 175
7 290
-
-
Income
162 000
162 000
162 000
162 000
Total tax
29 032
23 490
26 408
32 781
After tax
132 968
138 510
135 592
129 219
Living cost
15 643
15 643
15 643
15 643
Free-cash
117 325
122 867
119 949
113 576

Estimated living cost  is ₽15643 per week

₽10346
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽896
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽373
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4029
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽67332
₽47796
₽50233
₽59851
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
162 000
health

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

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

-
-
-
6 296
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.

-
-
-
50 039
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.

-
-
-
2 753
trade
-
-
-
17 099
total
-
-
-
76 187
Employee

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

45 855
-
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.

208
-
2 753
-
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.

3 771
-
50 039
-
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.

6 296
-
6 296
-
total
10 275
-
59 088
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
116 145
162 000
-
-
chamber of commerce
310
378
-
-
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.

958
1 336
-
-
trade
16 667
23 246
-
-
income
17 422
24 299
-
-
total
35 357
49 259
-
-
Dividends
80 788
112 741
-
-
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.

1 091
1 530
-
-
withholding
19 846
27 835
-
-
total
20 937
29 365
-
-
Income
162 000
162 000
162 000
162 000
Total tax
66 569
78 624
59 088
76 187
After tax
95 431
83 376
102 912
85 813
Living cost
35 580
35 580
35 580
35 580
Free-cash
59 851
47 796
67 332
50 233

Estimated living cost  is ₽35580 per week

₽24544
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3828
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽516
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6691
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽32916
₽60902
₽32916
₽62937
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
49 567
social contributions
-
-
-
27 019
total
-
-
-
76 586
Employee
72 089
-
162 000
-
income
13 603
-
49 567
-
social contributions
5 989
-
27 019
-
total
19 592
-
76 586
-
Employer
72 089
-
162 000
-
total
-
-
-
-
Corporate
89 911
162 000
-
-
income
11 238
20 250
-
-
total
11 238
20 250
-
-
Dividends
78 673
141 750
-
-
withholding
15 735
28 350
-
-
total
15 735
28 350
-
-
Income
162 000
162 000
162 000
162 000
Total tax
46 565
48 600
76 586
76 586
After tax
115 435
113 400
85 414
85 414
Living cost
52 498
52 498
52 498
52 498
Free-cash
62 937
60 902
32 916
32 916

Estimated living cost  is ₽52498 per week

₽39939
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4278
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽502
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7779
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽81751
₽66978
₽96640
₽70198
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

We use The Residence Programme or The Global Residence Programme.

-
-
-
162 000
income
-
-
-
26 233
health

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

-
-
-
5 673
total
-
-
-
31 906
Employee
42 277
-
157 761
-
income
4 587
-
38 317
-
social contributions
4 236
-
4 239
-
total
8 823
-
42 556
-
Employer
42 277
-
157 761
-
social contributions
4 236
-
4 239
-
total
4 236
-
4 239
-
Corporate
115 487
162 000
-
-
income
40 420
56 699
-
-
total
40 420
56 699
-
-
Dividends
75 067
105 301
-
-
social contributions
4 869
4 869
-
-
total
4 869
4 869
-
-
Income
162 000
162 000
162 000
162 000
Total tax
58 348
61 568
46 795
31 906
After tax
103 652
100 432
115 205
130 094
Living cost
33 454
33 454
33 454
33 454
Free-cash
70 198
66 978
81 751
96 640

Estimated living cost  is ₽33454 per week

₽22036
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2637
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽512
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8267
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽58832
₽72051
₽73487
₽77441
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
162 000
income
-
-
-
46 473
pensions
-
-
-
8 223
total
-
-
-
54 696
Employee
46 419
-
141 501
-
income
8 453
-
36 702
-
health
606
-
2 045
-
pensions
3 543
-
10 104
-
total
12 602
-
48 851
-
Employer
46 419
-
141 501
-
health
882
-
2 689
-
pensions
4 690
-
17 811
-
total
5 572
-
20 500
-
Corporate
110 009
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.

20 902
30 779
-
-
total
20 902
30 779
-
-
Dividends
89 107
131 221
-
-
withholding
11 666
25 353
-
-
total
11 666
25 353
-
-
Income
162 000
162 000
162 000
162 000
Total tax
50 742
56 132
69 351
54 696
After tax
111 258
105 868
92 649
107 304
Living cost
33 817
33 817
33 817
33 817
Free-cash
77 441
72 051
58 832
73 487

Estimated living cost  is ₽33817 per week

₽23198
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3110
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽423
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7084
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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

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Warsaw , Poland
₽65806
-₽9010
₽88618
₽9728
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
162 000
other
-
-
-
344
health
-
-
-
2 026
accident
-
-
-
235
income
-
-
-
44 779
pensions
-
-
-
3 866
total
-
-
-
51 250
Employee
34 815
-
145 759
-
income
4 776
-
34 044
-
pensions
3 920
-
7 088
-
health
3 986
-
16 689
-
total
12 682
-
57 821
-
Employer
34 815
-
145 759
-
unemployment
853
-
3 571
-
accident
581
-
2 434
-
pensions
5 661
-
10 236
-
total
7 095
-
16 241
-
Corporate
120 090
162 000
-
-
income

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

108 081
145 800
-
-
total
108 081
145 800
-
-
Dividends
12 009
16 200
-
-
withholding
2 282
3 078
-
-
total
2 282
3 078
-
-
Income
162 000
162 000
162 000
162 000
Total tax
130 140
148 878
74 062
51 250
After tax
31 860
13 122
87 938
110 750
Living cost
22 132
22 132
22 132
22 132
Free-cash
9 728
-9 010
65 806
88 618

Estimated living cost  is ₽22132 per week

₽16243
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1290
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽446
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4154
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽102616
₽123889
₽82373
₽119582
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
162 000
income
-
-
-
26 708
health insurance
-
-
-
10 894
work injury
-
-
-
736
pensions
-
-
-
27 088
unemployment
-
-
-
1 767
total
-
-
-
67 193
Employee

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

19 895
-
162 000
-
income
1 989
-
26 708
-
work injury
99
-
368
-
health insurance
1 472
-
5 447
-
pensions
3 661
-
13 544
-
unemployment
239
-
883
-
total
7 460
-
46 950
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
142 105
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%.

1 421
1 620
-
-
total
1 421
1 620
-
-
Dividends
140 684
160 380
-
-
withholding
21 103
24 057
-
-
total
21 103
24 057
-
-
Income
162 000
162 000
162 000
162 000
Total tax
29 984
25 677
46 950
67 193
After tax
132 016
136 323
115 050
94 807
Living cost
12 434
12 434
12 434
12 434
Free-cash
119 582
123 889
102 616
82 373

Estimated living cost  is ₽12434 per week

₽7703
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽904
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽388
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3440
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Skopje model

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Rome , Italy
₽31698
₽48616
₽38812
₽44426
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
162 000
social contributions
-
-
-
41 666
national
-
-
-
40 015
regional
-
-
-
3 710
municipal
-
-
-
1 083
total
-
-
-
86 474
Employee
77 659
-
162 000
-
social contributions
26 186
-
54 627
-
municipal
463
-
967
-
national
13 124
-
34 702
-
regional
1 172
-
3 292
-
total
40 945
-
93 588
-
Employer
77 659
-
162 000
-
total
-
-
-
-
Corporate
84 341
162 000
-
-
nationa
20 242
38 880
-
-
municipal
4 064
7 809
-
-
total
24 306
46 689
-
-
Dividends
60 035
115 312
-
-
withholding
15 609
29 981
-
-
total
15 609
29 981
-
-
Income
162 000
162 000
162 000
162 000
Total tax
80 860
76 670
93 588
86 474
After tax
81 140
85 330
68 412
75 526
Living cost
36 714
36 714
36 714
36 714
Free-cash
44 426
48 616
31 698
38 812

Estimated living cost  is ₽36714 per week

₽25789
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2525
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.
₽7844
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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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