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
₽53293
₽74722
₽56077
₽63670
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
162 000
income

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

-
-
-
49 713
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.

-
-
-
2 735
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.

-
-
-
6 410
trade
-
-
-
18 645
total
-
-
-
77 503
Employee

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

35 888
-
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.

55
-
2 735
-
income

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

1 002
-
49 713
-
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.

6 410
-
6 410
-
total
7 467
-
58 858
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
126 112
162 000
-
-
income
18 917
24 300
-
-
surtax

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

1 040
1 337
-
-
chamber of commerce
324
376
-
-
trade
19 863
25 514
-
-
total
40 144
51 527
-
-
Dividends
85 968
110 473
-
-
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.

1 163
1 499
-
-
withholding
21 136
27 261
-
-
total
22 299
28 760
-
-
Income
162 000
162 000
162 000
162 000
Total tax
69 910
80 287
58 858
77 503
After tax
92 090
81 713
103 142
84 497
Living cost
28 420
28 420
28 420
28 420
Free-cash
63 670
53 293
74 722
56 077

Estimated living cost  is ₽28420 per week

₽17877
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3314
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽531
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6699
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽51132
₽47095
₽45825
₽50302
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
162 000
social contributions
-
-
-
1 741
municipal
-
-
-
17 665
national
-
-
-
27 373
pensions
-
-
-
19 440
total
-
-
-
66 219
Employee
77 442
-
140 048
-
municipal
9 565
-
18 292
-
pensions
3 098
-
5 602
-
national
14 822
-
28 345
-
total
27 485
-
52 239
-
Employer
77 442
-
140 048
-
pensions
6 195
-
11 204
-
social contributions
832
-
1 506
-
total
7 027
-
12 710
-
Corporate
72 419
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%.

14 484
32 400
-
-
total
14 484
32 400
-
-
Dividends
57 936
129 600
-
-
withholding
12 746
28 512
-
-
total
12 746
28 512
-
-
Income
162 000
162 000
162 000
162 000
Total tax
61 742
60 912
64 949
66 219
After tax
100 258
101 088
97 051
95 781
Living cost
49 956
49 956
49 956
49 956
Free-cash
50 302
51 132
47 095
45 825

Estimated living cost  is ₽49956 per week

₽33955
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4644
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽748
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10610
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽110079
₽48125
₽36100
₽102382
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

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

-
-
-
162 000
income
-
-
-
29 118
surtax
-
-
-
41 310
social contributions

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

-
-
-
35 951
microenterprise
-
-
-
-
total
-
-
-
106 379
Employee
27 418
-
121 676
-
surtax
-
-
17 642
-
social contributions

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

3 016
-
12 300
-
income
4 881
-
24 088
-
total
7 897
-
54 030
-
Employer
27 418
-
121 676
-
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.

6 604
-
26 939
-
surtax
-
-
13 385
-
total
6 604
-
40 324
-
Corporate
127 978
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%.

25 596
32 400
-
-
total
25 596
32 400
-
-
Dividends

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

102 382
129 600
-
-
total
-
-
-
-
Income
162 000
162 000
162 000
162 000
Total tax
40 097
32 400
94 354
106 379
After tax
121 903
129 600
67 646
55 621
Living cost
19 521
19 521
19 521
19 521
Free-cash
102 382
110 079
48 125
36 100

Estimated living cost  is ₽19521 per week

₽12454
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1859
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽443
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4765
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽40849
₽61552
₽50359
₽35101
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
49 771
health
-
-
-
11 570
pensions
-
-
-
10 993
total
-
-
-
72 334
Employee
80 127
80 127
144 562
-
pensions
14 423
10 993
10 993
-
income

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

13 116
13 116
21 141
-
health
12 299
10 461
11 570
-
total
39 838
34 570
43 704
-
Employer
80 127
80 127
144 562
-
health
5 570
5 570
6 921
-
pensions
5 577
5 577
6 932
-
unemployment
2 885
2 885
3 584
-
total
14 032
14 032
17 437
-
Corporate
68 824
67 841
-
-
income
13 764
13 568
-
-
total
13 764
13 568
-
-
Dividends
55 060
54 273
-
-
income
11 700
11 533
-
-
withholding
8 258
8 141
-
-
total
19 958
19 674
-
-
Income
162 000
162 000
162 000
162 000
Total tax
87 592
81 844
61 141
72 334
After tax
74 408
80 156
100 859
89 666
Living cost
39 307
39 307
39 307
39 307
Free-cash
35 101
40 849
61 552
50 359

Estimated living cost  is ₽39307 per week

₽27856
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3543
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽625
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7283
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽50968
₽45007
₽45917
₽50127
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
162 000
accident
-
-
-
164
other
-
-
-
9 546
unemployment
-
-
-
82
health
-
-
-
5 126
municipal
-
-
-
41 211
national
-
-
-
13 589
pensions
-
-
-
8 881
total
-
-
-
78 599
Employee
53 411
-
136 188
-
municipal
15 927
-
40 611
-
national
-
-
13 086
-
total
15 927
-
53 697
-
Employer
53 411
-
136 188
-
health
3 285
-
5 052
-
pensions
5 774
-
8 881
-
accident
107
-
164
-
unemployment
1 410
-
2 169
-
other
6 206
-
9 546
-
total
16 782
-
25 812
-
Corporate
91 807
162 000
-
-
income
20 197
35 640
-
-
total
20 197
35 640
-
-
Dividends
71 609
126 360
-
-
withholding
21 483
37 908
-
-
total
21 483
37 908
-
-
Income
162 000
162 000
162 000
162 000
Total tax
74 389
73 548
79 509
78 599
After tax
87 611
88 452
82 491
83 401
Living cost
37 484
37 484
37 484
37 484
Free-cash
50 127
50 968
45 007
45 917

Estimated living cost  is ₽37484 per week

₽24843
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3678
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽569
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8394
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽44018
₽66282
₽46809
₽57203
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
162 000
income

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

-
-
-
49 713
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.

-
-
-
2 735
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.

-
-
-
6 410
trade
-
-
-
19 473
total
-
-
-
78 331
Employee

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

47 583
-
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.

224
-
2 735
-
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.

4 088
-
49 713
-
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.

6 410
-
6 410
-
total
10 722
-
58 858
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
114 417
162 000
-
-
income
17 163
24 300
-
-
surtax

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

944
1 337
-
-
chamber of commerce
304
372
-
-
trade
18 821
26 649
-
-
total
37 232
52 658
-
-
Dividends
77 184
109 342
-
-
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.

1 042
1 483
-
-
withholding
18 940
26 980
-
-
total
19 982
28 463
-
-
Income
162 000
162 000
162 000
162 000
Total tax
67 936
81 121
58 858
78 331
After tax
94 064
80 879
103 142
83 669
Living cost
36 860
36 860
36 860
36 860
Free-cash
57 203
44 018
66 282
46 809

Estimated living cost  is ₽36860 per week

₽24653
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3887
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽550
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7771
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽87758
₽79023
₽80458
₽83865
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
162 000
income
-
-
-
31 796
social contributions
-
-
-
15 181
health
-
-
-
4 131
total
-
-
-
51 108
Employee
72 151
72 151
151 128
-
social contributions
3 506
5 988
8 077
-
income
7 576
6 679
31 024
-
health
718
1 227
2 569
-
total
11 800
13 894
41 670
-
Employer
72 151
72 151
151 128
-
health
782
1 335
2 796
-
social contributions
3 506
5 988
8 077
-
total
4 288
7 323
10 873
-
Corporate
115 478
82 525
-
-
income
14 435
10 315
-
-
total
14 435
10 315
-
-
Dividends
101 043
72 210
-
-
withholding
17 178
12 276
-
-
total
17 178
12 276
-
-
Income
162 000
162 000
162 000
162 000
Total tax
47 701
43 808
52 543
51 108
After tax
114 299
118 192
109 457
110 892
Living cost
30 434
30 434
30 434
30 434
Free-cash
83 865
87 758
79 023
80 458

Estimated living cost  is ₽30434 per week

₽20805
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2377
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽511
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6741
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽74188
₽77096
₽95408
₽74538
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
162 000
income
-
-
-
19 805
unemployment
-
-
-
2 430
health
-
-
-
11 340
pensions
-
-
-
16 200
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.

24 275
9 661
135 565
-
unemployment
364
145
2 033
-
pensions
2 428
966
13 556
-
income
2 968
1 181
16 573
-
health
1 699
676
9 490
-
total
7 459
2 968
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.

24 275
9 661
135 565
-
pensions
4 734
1 884
26 435
-
total
4 734
1 884
26 435
-
Corporate
132 991
150 455
-
-
income
11 969
13 541
-
-
total
11 969
13 541
-
-
Dividends
121 022
136 914
-
-
social contributions
23 489
26 588
-
-
withholding
22 994
26 014
-
-
total
46 483
52 602
-
-
Income
162 000
162 000
162 000
162 000
Total tax
70 645
70 995
68 087
49 775
After tax
91 355
91 005
93 913
112 225
Living cost
16 817
16 817
16 817
16 817
Free-cash
74 538
74 188
77 096
95 408

Estimated living cost  is ₽16817 per week

₽11476
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1376
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽336
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3629
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽106936
₽70710
₽64170
₽101105
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
162 000
income
-
-
-
21 707
health
-
-
-
21 059
pensions
-
-
-
32 400
total
-
-
-
75 166
Employee
26 618
-
121 074
-
unemployment
426
-
1 937
-
pensions
532
-
2 422
-
income
2 997
-
23 344
-
total
3 955
-
27 703
-
Employer
26 618
-
121 074
-
health
3 460
-
15 739
-
pensions
5 324
-
24 215
-
unemployment
214
-
969
-
total
8 998
-
40 923
-
Corporate
126 384
162 000
-
-
income
25 278
32 400
-
-
total
25 278
32 400
-
-
Dividends
101 107
129 600
-
-
total
-
-
-
-
Income
162 000
162 000
162 000
162 000
Total tax
38 231
32 400
68 626
75 166
After tax
123 769
129 600
93 374
86 834
Living cost
22 664
22 664
22 664
22 664
Free-cash
101 105
106 936
70 710
64 170

Estimated living cost  is ₽22664 per week

₽15545
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1350
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.
₽5313
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽7826
₽66847
₽89816
₽9910
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
162 000
accident
-
-
-
240
income
-
-
-
44 604
other
-
-
-
353
health
-
-
-
2 077
pensions
-
-
-
3 962
total
-
-
-
51 236
Employee
32 952
-
145 514
-
pensions
3 710
-
7 264
-
income
4 521
-
33 794
-
health
3 773
-
16 662
-
total
12 004
-
57 720
-
Employer
32 952
-
145 514
-
pensions
5 358
-
10 490
-
accident
550
-
2 430
-
unemployment
807
-
3 565
-
total
6 715
-
16 485
-
Corporate
122 332
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.

110 099
145 800
-
-
total
110 099
145 800
-
-
Dividends
12 233
16 200
-
-
withholding
2 324
3 078
-
-
total
2 324
3 078
-
-
Income
162 000
162 000
162 000
162 000
Total tax
131 142
148 878
74 205
51 236
After tax
30 858
13 122
87 795
110 764
Living cost
20 948
20 948
20 948
20 948
Free-cash
9 910
-7 826
66 847
89 816

Estimated living cost  is ₽20948 per week

₽15353
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1161
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽437
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3997
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽146339
₽122039
₽152819
₽144921
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
9 450
-
162 000
-
income
1 890
-
32 400
-
total
1 890
-
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%.

152 550
162 000
-
-
total
-
-
-
-
Dividends
152 550
162 000
-
-
withholding
7 628
8 100
-
-
total
7 628
8 100
-
-
Income
162 000
162 000
162 000
162 000
Total tax
9 518
8 100
32 400
1 620
After tax
152 482
153 900
129 600
160 380
Living cost
7 561
7 561
7 561
7 561
Free-cash
144 921
146 339
122 039
152 819

Estimated living cost  is ₽7561 per week

₽4685
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽628
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽208
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2039
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽94020
₽66890
₽64994
₽87686
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
162 000
income
-
-
-
24 704
other
-
-
-
6 777
health
-
-
-
6 278
pensions

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

-
-
-
34 245
total
-
-
-
72 004
Employee
34 069
-
129 392
-
unemployment
340
-
1 295
-
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.

2 384
-
9 058
-
income
5 865
-
25 336
-
health
477
-
1 811
-
total
9 066
-
37 500
-
Employer
34 069
-
129 392
-
health
477
-
1 811
-
pensions

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

5 792
-
21 996
-
accident
272
-
1 035
-
unemployment
340
-
1 295
-
other
1 704
-
6 471
-
total
8 585
-
32 608
-
Corporate
119 345
162 000
-
-
income
25 062
34 020
-
-
total
25 062
34 020
-
-
Dividends
94 283
127 980
-
-
withholding
6 599
8 958
-
-
total
6 599
8 958
-
-
Income
162 000
162 000
162 000
162 000
Total tax
49 312
42 978
70 108
72 004
After tax
112 688
119 022
91 892
89 996
Living cost
25 002
25 002
25 002
25 002
Free-cash
87 686
94 020
66 890
64 994

Estimated living cost  is ₽25002 per week

₽17665
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1688
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽402
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5246
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽43692
₽30292
₽44973
₽45818
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
162 000
income
-
-
-
45 970
pensions
-
-
-
8 371
total
-
-
-
54 341
Employee
88 691
-
141 546
-
pensions
8 556
-
10 320
-
income
15 987
-
36 182
-
health
1 461
-
2 065
-
total
26 004
-
48 567
-
Employer
88 691
-
141 546
-
health
1 684
-
2 690
-
pensions
10 472
-
17 765
-
total
12 156
-
20 455
-
Corporate
61 153
162 000
-
-
income

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

11 620
30 780
-
-
total
11 620
30 780
-
-
Dividends
49 533
131 220
-
-
withholding
3 716
24 842
-
-
total
3 716
24 842
-
-
Income
162 000
162 000
162 000
162 000
Total tax
53 496
55 622
69 022
54 341
After tax
108 504
106 378
92 978
107 659
Living cost
62 686
62 686
62 686
62 686
Free-cash
45 818
43 692
30 292
44 973

Estimated living cost  is ₽62686 per week

₽46972
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽7365
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽510
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7840
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽126211
₽122971
₽116652
₽121855
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
162 000
income
-
-
-
24 300
unemployment
-
-
-
131
health
-
-
-
3 768
pensions

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

-
-
-
4 850
total
-
-
-
33 049
Employee
16 286
-
155 571
-
accident

We are using the highest rate at 1.1%.

179
-
360
-
pensions

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

1 430
-
2 877
-
income
1 628
-
15 557
-
health
749
-
1 507
-
total
3 986
-
20 301
-
Employer
16 286
-
155 571
-
health
1 124
-
2 261
-
pensions

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

1 795
-
3 611
-
accident

We are using the highest rate at 1.1%.

179
-
360
-
unemployment
97
-
197
-
total
3 195
-
6 429
-
Corporate
142 518
162 000
-
-
income
14 252
16 200
-
-
total
14 252
16 200
-
-
Dividends
128 266
145 800
-
-
withholding
6 413
7 290
-
-
total
6 413
7 290
-
-
Income
162 000
162 000
162 000
162 000
Total tax
27 846
23 490
26 730
33 049
After tax
134 154
138 510
135 270
128 951
Living cost
12 299
12 299
12 299
12 299
Free-cash
121 855
126 211
122 971
116 652

Estimated living cost  is ₽12299 per week

₽7181
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽878
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽326
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3915
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽28126
₽48829
₽37636
₽30488
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
49 771
health
-
-
-
11 570
pensions
-
-
-
10 993
total
-
-
-
72 334
Employee
86 993
80 127
144 562
-
pensions
10 993
10 993
10 993
-
income

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

13 116
13 116
21 141
-
health
10 853
10 461
11 570
-
total
34 962
34 570
43 704
-
Employer
86 993
80 127
144 562
-
health
6 045
5 570
6 921
-
pensions
6 054
5 577
6 932
-
unemployment
3 132
2 885
3 584
-
total
15 231
14 032
17 437
-
Corporate
59 776
67 841
-
-
income
11 955
13 568
-
-
total
11 955
13 568
-
-
Dividends
47 821
54 273
-
-
income
10 162
11 533
-
-
withholding
7 172
8 141
-
-
total
17 334
19 674
-
-
Income
162 000
162 000
162 000
162 000
Total tax
79 482
81 844
61 141
72 334
After tax
82 518
80 156
100 859
89 666
Living cost
52 030
52 030
52 030
52 030
Free-cash
30 488
28 126
48 829
37 636

Estimated living cost  is ₽52030 per week

₽38381
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4647
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽597
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8406
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽88526
₽60877
₽67955
₽80316
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
16 053
social contributions
-
-
-
33 111
solidarity contribution
-
-
-
-
health
-
-
-
21 870
total
-
-
-
71 034
Employee
33 839
-
122 616
-
solidarity contribution
-
-
-
-
social contributions
2 200
-
7 371
-
income
4 061
-
14 804
-
health
4 568
-
16 553
-
total
10 829
-
38 728
-
Employer
33 839
-
122 616
-
health
3 045
-
11 035
-
social contributions
8 460
-
28 349
-
total
11 505
-
39 384
-
Corporate
116 656
162 000
-
-
income
22 165
30 780
-
-
total
22 165
30 780
-
-
Dividends
94 491
131 220
-
-
withholding
14 174
19 683
-
-
total
14 174
19 683
-
-
Income
162 000
162 000
162 000
162 000
Total tax
58 673
50 463
78 112
71 034
After tax
103 327
111 537
83 888
90 966
Living cost
23 011
23 011
23 011
23 011
Free-cash
80 316
88 526
60 877
67 955

Estimated living cost  is ₽23011 per week

₽15983
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1637
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽453
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4938
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽46841
₽30705
₽38023
₽41941
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
regional
-
-
-
1 909
municipal
-
-
-
963
national
-
-
-
39 846
total
-
-
-
84 384
Employee
83 391
-
162 000
-
municipal
442
-
858
-
national
14 450
-
34 533
-
regional
787
-
1 685
-
social contributions
28 119
-
54 626
-
total
43 798
-
91 702
-
Employer
83 391
-
162 000
-
total
-
-
-
-
Corporate
78 609
162 000
-
-
municipal
3 066
6 318
-
-
nationa
18 866
38 880
-
-
total
21 932
45 198
-
-
Dividends
56 678
116 803
-
-
withholding
14 736
30 368
-
-
total
14 736
30 368
-
-
Income
162 000
162 000
162 000
162 000
Total tax
80 466
75 566
91 702
84 384
After tax
81 534
86 434
70 298
77 616
Living cost
39 593
39 593
39 593
39 593
Free-cash
41 941
46 841
30 705
38 023

Estimated living cost  is ₽39593 per week

₽27599
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2596
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽607
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8789
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽81193
₽50256
₽56000
₽78275
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
162 000
income
-
-
-
44 355
other
-
-
-
-
surtax
-
-
-
6 789
unemployment
-
-
-
214
health
-
-
-
8 891
pensions
-
-
-
25 046
total
-
-
-
85 295
Employee
31 029
-
135 640
-
other
-
-
-
-
unemployment
2 160
-
8 716
-
pensions
2 069
-
8 353
-
surtax
101
-
5 673
-
income
5 201
-
38 744
-
health
792
-
3 193
-
total
10 323
-
64 679
-
Employer
31 029
-
135 640
-
health
1 412
-
5 698
-
pensions
4 136
-
16 693
-
unemployment
983
-
3 969
-
other
-
-
-
-
total
6 531
-
26 360
-
Corporate
124 440
162 000
-
-
income
32 354
42 120
-
-
total
32 354
42 120
-
-
Dividends
92 086
119 880
-
-
withholding
13 812
17 982
-
-
total
13 812
17 982
-
-
Income
162 000
162 000
162 000
162 000
Total tax
63 020
60 102
91 039
85 295
After tax
98 980
101 898
70 961
76 705
Living cost
20 705
20 705
20 705
20 705
Free-cash
78 275
81 193
50 256
56 000

Estimated living cost  is ₽20705 per week

₽12660
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1911
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽477
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5657
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽63553
₽50153
₽64834
₽69744
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
162 000
income
-
-
-
45 970
pensions
-
-
-
8 371
total
-
-
-
54 341
Employee
59 438
-
141 546
-
pensions
5 045
-
10 320
-
income
10 705
-
36 182
-
health
863
-
2 065
-
total
16 613
-
48 567
-
Employer
59 438
-
141 546
-
health
1 129
-
2 690
-
pensions
6 434
-
17 765
-
total
7 563
-
20 455
-
Corporate
94 998
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.

18 050
30 780
-
-
total
18 050
30 780
-
-
Dividends
76 949
131 220
-
-
withholding
7 205
24 842
-
-
total
7 205
24 842
-
-
Income
162 000
162 000
162 000
162 000
Total tax
49 431
55 622
69 022
54 341
After tax
112 569
106 378
92 978
107 659
Living cost
42 825
42 825
42 825
42 825
Free-cash
69 744
63 553
50 153
64 834

Estimated living cost  is ₽42825 per week

₽32084
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3210
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.
₽7082
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽9
₽49854
₽57513
₽31692
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
162 000
other

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

-
-
-
3 240
regional
-
-
-
7 769
health
-
-
-
365
city
-
-
-
1 707
national
-
-
-
2 415
pensions
-
-
-
14 905
total
-
-
-
30 401
Employee
86 700
-
145 000
-
unemployment
-
-
-
-
pensions
7 284
-
12 180
-
national
410
-
1 877
-
regional
2 839
-
6 715
-
city
930
-
1 558
-
health
196
-
325
-
total
11 659
-
22 655
-
Employer
86 700
-
145 000
-
health
196
-
325
-
pensions
7 284
-
12 180
-
unemployment
-
-
-
-
other

This will depend on a canton and a chosen fund. The rate is between 0.1% and 3.63% for an employee. We use 2% as an average rate.

1 733
-
2 900
-
total
9 213
-
15 405
-
Corporate
65 134
162 000
-
-
regional
13 776
34 264
-
-
national
5 537
13 771
-
-
total
19 313
48 035
-
-
Dividends
45 820
113 966
-
-
withholding
16 037
39 888
-
-
total
16 037
39 888
-
-
Income
162 000
162 000
162 000
162 000
Total tax
56 222
87 923
38 060
30 401
After tax
105 778
74 077
123 940
131 599
Living cost
74 086
74 086
74 086
74 086
Free-cash
31 692
-9
49 854
57 513

Estimated living cost  is ₽74086 per week

₽48177
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽6648
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽910
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽18351
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽37060
₽60158
₽39857
₽52279
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
162 000
income

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

-
-
-
49 713
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.

-
-
-
2 735
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.

-
-
-
6 410
trade
-
-
-
20 301
total
-
-
-
79 159
Employee

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

56 390
-
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.

365
-
2 735
-
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.

6 631
-
49 713
-
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.

6 410
-
6 410
-
total
13 406
-
58 858
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
105 610
162 000
-
-
income
15 842
24 300
-
-
surtax

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

871
1 337
-
-
chamber of commerce
290
370
-
-
trade
18 112
27 783
-
-
total
35 115
53 790
-
-
Dividends
70 494
108 210
-
-
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.

949
1 469
-
-
withholding
17 267
26 697
-
-
total
18 216
28 166
-
-
Income
162 000
162 000
162 000
162 000
Total tax
66 737
81 956
58 858
79 159
After tax
95 263
80 044
103 142
82 841
Living cost
42 984
42 984
42 984
42 984
Free-cash
52 279
37 060
60 158
39 857

Estimated living cost  is ₽42984 per week

₽31394
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3438
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽559
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7594
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽49544
₽57277
₽59243
₽55086
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
162 000
income
-
-
-
25 072
other
-
-
-
5 021
surtax
-
-
-
-
social contributions
-
-
-
4 615
health
-
-
-
6 747
pensions
-
-
-
29 199
total
-
-
-
70 654
Employee
40 158
-
125 715
-
pensions
4 541
-
8 602
-
surtax
-
-
-
-
social contributions
1 145
-
3 583
-
income
2 370
-
24 152
-
total
8 056
-
36 337
-
Employer
40 158
-
125 715
-
health
2 812
-
11 466
-
pensions
6 597
-
14 505
-
unemployment
1 626
-
5 091
-
social contributions
121
-
377
-
other
1 385
-
4 844
-
total
12 541
-
36 283
-
Corporate
109 301
162 000
-
-
income
30 605
45 359
-
-
surtax
-
-
-
-
total
30 605
45 359
-
-
Dividends
78 696
116 641
-
-
surtax
-
-
-
-
social contributions
13 536
20 064
-
-
withholding
10 073
14 930
-
-
total
23 609
34 994
-
-
Income
162 000
162 000
162 000
162 000
Total tax
74 811
80 353
72 620
70 654
After tax
87 189
81 647
89 380
91 346
Living cost
32 103
32 103
32 103
32 103
Free-cash
55 086
49 544
57 277
59 243

Estimated living cost  is ₽32103 per week

₽20242
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2610
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽547
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8705
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽52725
₽60458
₽62424
₽57940
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
162 000
income
-
-
-
25 072
other
-
-
-
5 021
surtax
-
-
-
-
social contributions
-
-
-
4 615
health
-
-
-
6 747
pensions
-
-
-
29 199
total
-
-
-
70 654
Employee
35 847
-
125 715
-
pensions
4 054
-
8 602
-
surtax
-
-
-
-
social contributions
1 022
-
3 583
-
income
1 848
-
24 152
-
total
6 924
-
36 337
-
Employer
35 847
-
125 715
-
health
2 509
-
11 466
-
pensions
5 890
-
14 505
-
unemployment
1 451
-
5 091
-
social contributions
107
-
377
-
other
1 238
-
4 844
-
total
11 195
-
36 283
-
Corporate
114 959
162 000
-
-
income
32 188
45 359
-
-
surtax
-
-
-
-
total
32 188
45 359
-
-
Dividends
82 771
116 641
-
-
surtax
-
-
-
-
social contributions
14 236
20 064
-
-
withholding
10 595
14 930
-
-
total
24 831
34 994
-
-
Income
162 000
162 000
162 000
162 000
Total tax
75 138
80 353
72 620
70 654
After tax
86 862
81 647
89 380
91 346
Living cost
28 922
28 922
28 922
28 922
Free-cash
57 940
52 725
60 458
62 424

Estimated living cost  is ₽28922 per week

₽16773
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.
₽548
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8663
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽78939
₽80897
₽84141
₽79426
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
162 000
income
-
-
-
24 300
social contributions
-
-
-
22 356
health
-
-
-
11 307
total
-
-
-
57 963
Employee
31 814
-
162 000
-
social contributions
4 391
-
22 356
-
income
5 306
-
27 544
-
health
2 220
-
11 307
-
total
11 917
-
61 207
-
Employer
31 814
-
162 000
-
total
-
-
-
-
Corporate
130 186
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%.

6 510
8 100
-
-
total
6 510
8 100
-
-
Dividends
123 676
153 900
-
-
social contributions
17 067
21 237
-
-
withholding
18 552
23 086
-
-
health
8 632
10 742
-
-
total
44 251
55 065
-
-
Income
162 000
162 000
162 000
162 000
Total tax
62 678
63 165
61 207
57 963
After tax
99 322
98 835
100 793
104 037
Living cost
19 896
19 896
19 896
19 896
Free-cash
79 426
78 939
80 897
84 141

Estimated living cost  is ₽19896 per week

₽13315
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1227
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽458
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4895
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽56603
₽9926
₽50075
₽55151
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
43 611
surtax
-
-
-
185
unemployment
-
-
-
5 755
chamber of commerce
-
-
-
648
health
-
-
-
8 385
pensions
-
-
-
20 279
total
-
-
-
78 863
Employee
46 892
37 393
128 865
-
other
468
374
1 097
-
unemployment
1 407
1 122
3 289
-
pensions
4 802
3 828
11 225
-
income
5 338
2 758
34 699
-
health
1 814
1 448
4 241
-
total
13 829
9 530
54 551
-
Employer
46 892
37 393
128 865
-
chamber of commerce
187
150
515
-
health
1 772
1 414
4 143
-
pensions
5 885
4 694
13 757
-
accident
609
486
1 424
-
unemployment
1 407
1 122
3 289
-
surtax
185
185
185
-
payroll
1 407
1 122
3 866
-
other
2 228
1 775
5 956
-
total
13 680
10 948
33 135
-
Corporate
101 429
113 660
125 303
-
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.

25 358
28 415
31 326
-
total
25 358
28 415
31 326
-
Dividends
76 071
85 245
-
-
withholding
20 920
23 442
-
-
total
20 920
23 442
-
-
Income
162 000
162 000
162 000
162 000
Total tax
73 787
72 335
119 012
78 863
After tax
88 213
89 665
42 988
83 137
Living cost
33 062
33 062
33 062
33 062
Free-cash
55 151
56 603
9 926
50 075

Estimated living cost  is ₽33062 per week

₽22051
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2820
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽543
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7648
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽56396
₽23010
₽36000
₽42325
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
162 000
communal

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

-
-
-
8 317
social contributions
-
-
-
23 393
national
-
-
-
60 078
total
-
-
-
91 788
Employee

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

67 117
-
125 473
-
unemployment

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

584
-
1 092
-
communal

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

3 501
-
6 544
-
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.

5 034
-
9 411
-
national
20 635
-
45 311
-
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.

3 153
-
5 897
-
total
32 907
-
68 255
-
Employer

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

67 117
-
125 473
-
health

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

4 127
-
7 717
-
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.

5 947
-
11 116
-
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.

872
-
1 631
-
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.

979
-
1 832
-
surtax
7 610
-
14 227
-
total
19 535
-
36 523
-
Corporate
75 346
162 000
-
-
income
15 069
32 400
-
-
surtax
301
648
-
-
total
15 370
33 048
-
-
Dividends
59 975
128 952
-
-
withholding

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

17 651
38 344
-
-
total
17 651
38 344
-
-
Income
162 000
162 000
162 000
162 000
Total tax
85 463
71 392
104 778
91 788
After tax
76 537
90 608
57 222
70 212
Living cost
34 212
34 212
34 212
34 212
Free-cash
42 325
56 396
23 010
36 000

Estimated living cost  is ₽34212 per week

₽22037
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2991
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽536
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8648
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽74137
₽53128
₽57065
₽67638
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
162 000
accident
-
-
-
783
income
-
-
-
44 958
other
-
-
-
87
unemployment
-
-
-
609
pensions
-
-
-
24 612
total
-
-
-
71 049
Employee
46 707
-
134 274
-
other
46
-
87
-
unemployment
725
-
1 348
-
pensions
2 195
-
4 088
-
income
9 855
-
41 737
-
total
12 821
-
47 260
-
Employer
46 707
-
134 274
-
pensions
11 022
-
20 525
-
accident
924
-
1 722
-
unemployment
2 569
-
4 783
-
other
372
-
696
-
total
14 887
-
27 726
-
Corporate
100 406
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.

15 060
24 300
-
-
total
15 060
24 300
-
-
Dividends
85 345
137 700
-
-
withholding
17 708
29 677
-
-
total
17 708
29 677
-
-
Income
162 000
162 000
162 000
162 000
Total tax
60 476
53 977
74 986
71 049
After tax
101 524
108 023
87 014
90 951
Living cost
33 886
33 886
33 886
33 886
Free-cash
67 638
74 137
53 128
57 065

Estimated living cost  is ₽33886 per week

₽24953
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2404
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽488
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6040
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽43982
₽35928
₽29471
₽32151
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
162 000
communal
-
-
-
10 239
accident
-
-
-
1 366
income
-
-
-
26 238
surtax
-
-
-
8 031
health
-
-
-
11 382
pensions
-
-
-
24 282
total
-
-
-
81 538
Employee
71 057
-
144 707
-
pensions
5 684
-
11 576
-
surtax
4 355
-
8 869
-
income
6 863
-
30 904
-
health
3 162
-
6 440
-
total
20 064
-
57 789
-
Employer
71 057
-
144 707
-
health
2 167
-
4 414
-
pensions
5 684
-
11 576
-
accident
639
-
1 302
-
total
8 490
-
17 292
-
Corporate
82 453
162 000
-
-
communal
5 566
10 935
-
-
income
12 368
24 300
-
-
surtax
865
1 700
-
-
total
18 799
36 935
-
-
Dividends
63 653
125 065
-
-
income
21 957
11 331
-
-
withholding
9 548
18 761
-
-
total
31 505
30 092
-
-
Income
162 000
162 000
162 000
162 000
Total tax
78 858
67 027
75 081
81 538
After tax
83 142
94 973
86 919
80 462
Living cost
50 991
50 991
50 991
50 991
Free-cash
32 151
43 982
35 928
29 471

Estimated living cost  is ₽50991 per week

₽38251
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3089
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.
₽9110
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽80823
₽49886
₽55630
₽77840
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
162 000
income
-
-
-
44 355
other
-
-
-
-
surtax
-
-
-
6 789
unemployment
-
-
-
214
health
-
-
-
8 891
pensions
-
-
-
25 046
total
-
-
-
85 295
Employee
31 599
-
135 640
-
other
-
-
-
-
unemployment
2 199
-
8 716
-
pensions
2 108
-
8 353
-
surtax
112
-
5 673
-
income
5 297
-
38 744
-
health
807
-
3 193
-
total
10 523
-
64 679
-
Employer
31 599
-
135 640
-
health
1 437
-
5 698
-
pensions
4 213
-
16 693
-
unemployment
1 002
-
3 969
-
other
-
-
-
-
total
6 652
-
26 360
-
Corporate
123 749
162 000
-
-
income
32 174
42 120
-
-
total
32 174
42 120
-
-
Dividends
91 575
119 880
-
-
withholding
13 736
17 982
-
-
total
13 736
17 982
-
-
Income
162 000
162 000
162 000
162 000
Total tax
63 085
60 102
91 039
85 295
After tax
98 915
101 898
70 961
76 705
Living cost
21 075
21 075
21 075
21 075
Free-cash
77 840
80 823
49 886
55 630

Estimated living cost  is ₽21075 per week

₽12724
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1832
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽490
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6031
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽59874
₽44527
₽51807
₽57790
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
regional
-
-
-
2 442
municipal
-
-
-
963
national
-
-
-
39 846
total
-
-
-
84 917
Employee
52 049
-
162 000
-
municipal
276
-
858
-
national
8 246
-
34 533
-
regional
701
-
2 180
-
social contributions
17 551
-
54 626
-
total
26 774
-
92 197
-
Employer
52 049
-
162 000
-
total
-
-
-
-
Corporate
109 951
162 000
-
-
municipal
5 465
8 052
-
-
nationa
26 389
38 880
-
-
total
31 854
46 932
-
-
Dividends
78 098
115 068
-
-
withholding
20 306
29 918
-
-
total
20 306
29 918
-
-
Income
162 000
162 000
162 000
162 000
Total tax
78 934
76 850
92 197
84 917
After tax
83 066
85 150
69 803
77 083
Living cost
25 276
25 276
25 276
25 276
Free-cash
57 790
59 874
44 527
51 807

Estimated living cost  is ₽25276 per week

₽15719
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2561
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽433
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6563
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽83182
₽55533
₽62611
₽73066
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
16 053
social contributions
-
-
-
33 111
solidarity contribution
-
-
-
-
health
-
-
-
21 870
total
-
-
-
71 034
Employee
41 699
-
122 616
-
solidarity contribution
-
-
-
-
social contributions
2 710
-
7 371
-
income
5 004
-
14 804
-
health
5 629
-
16 553
-
total
13 343
-
38 728
-
Employer
41 699
-
122 616
-
health
3 753
-
11 035
-
social contributions
10 425
-
28 349
-
total
14 178
-
39 384
-
Corporate
106 124
162 000
-
-
income
20 164
30 780
-
-
total
20 164
30 780
-
-
Dividends
85 960
131 220
-
-
withholding
12 894
19 683
-
-
total
12 894
19 683
-
-
Income
162 000
162 000
162 000
162 000
Total tax
60 579
50 463
78 112
71 034
After tax
101 421
111 537
83 888
90 966
Living cost
28 355
28 355
28 355
28 355
Free-cash
73 066
83 182
55 533
62 611

Estimated living cost  is ₽28355 per week

₽21087
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1571
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽491
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5207
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽59830
₽13100
₽53387
₽59368
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
43 611
surtax
-
-
-
-
unemployment
-
-
-
5 755
chamber of commerce
-
-
-
648
health
-
-
-
8 385
pensions
-
-
-
20 279
total
-
-
-
78 678
Employee
41 016
37 393
129 036
-
other
410
374
1 097
-
unemployment
1 230
1 122
3 289
-
pensions
4 200
3 828
11 225
-
income
3 654
2 758
34 781
-
health
1 587
1 448
4 241
-
total
11 081
9 530
54 633
-
Employer
41 016
37 393
129 036
-
chamber of commerce
164
150
516
-
health
1 551
1 414
4 143
-
pensions
5 148
4 694
13 757
-
accident
532
486
1 424
-
unemployment
1 230
1 122
3 289
-
surtax
-
-
-
-
payroll
1 230
1 122
3 871
-
other
1 948
1 775
5 963
-
total
11 803
10 763
32 963
-
Corporate
109 180
113 845
125 474
-
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.

27 295
28 461
31 369
-
total
27 295
28 461
31 369
-
Dividends
81 885
85 384
-
-
withholding
22 518
23 481
-
-
total
22 518
23 481
-
-
Income
162 000
162 000
162 000
162 000
Total tax
72 697
72 235
118 965
78 678
After tax
89 303
89 765
43 035
83 322
Living cost
29 935
29 935
29 935
29 935
Free-cash
59 368
59 830
13 100
53 387

Estimated living cost  is ₽29935 per week

₽17957
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3057
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.
₽8387
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽142118
₽117818
₽148598
₽139908
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
14 727
-
162 000
-
income
2 946
-
32 400
-
total
2 946
-
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%.

147 273
162 000
-
-
total
-
-
-
-
Dividends
147 273
162 000
-
-
withholding
7 364
8 100
-
-
total
7 364
8 100
-
-
Income
162 000
162 000
162 000
162 000
Total tax
10 310
8 100
32 400
1 620
After tax
151 690
153 900
129 600
160 380
Living cost
11 782
11 782
11 782
11 782
Free-cash
139 908
142 118
117 818
148 598

Estimated living cost  is ₽11782 per week

₽7973
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽495
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.
₽2919
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽86370
₽49828
₽54123
₽78521
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

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

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

-
-
-
162 000
income
-
-
-
36 943
unemployment
-
-
-
242
health
-
-
-
15 940
pensions
-
-
-
29 585
total
-
-
-
82 710
Employee

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

41 492
-
140 175
-
unemployment
59
-
196
-
pensions
6 432
-
21 727
-
income
7 155
-
34 200
-
health
2 680
-
9 056
-
total
16 326
-
65 179
-
Employer

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

41 492
-
140 175
-
health
2 764
-
9 336
-
pensions
3 672
-
12 406
-
unemployment
25
-
84
-
total
6 461
-
21 826
-
Corporate
114 048
162 000
-
-
income
21 668
30 780
-
-
total
21 668
30 780
-
-
Dividends
92 380
131 220
-
-
withholding
13 857
19 683
-
-
total
13 857
19 683
-
-
Income
162 000
162 000
162 000
162 000
Total tax
58 312
50 463
87 005
82 710
After tax
103 688
111 537
74 995
79 290
Living cost
25 167
25 167
25 167
25 167
Free-cash
78 521
86 370
49 828
54 123

Estimated living cost  is ₽25167 per week

₽17272
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1613
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽488
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5796
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽58481
₽109700
₽71875
₽14298
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
162 000
income
-
-
-
31 577
social contributions
-
-
-
18 468
total
-
-
-
50 045
Employee
57 469
-
-
-
social contributions
4 712
-
672
-
income
12 676
-
-
-
total
17 388
-
672
-
Employer
57 469
-
-
-
social contributions
81 031
-
11 548
-
total
81 031
-
11 548
-
Corporate
23 500
162 000
-
-
income
5 170
35 640
-
-
total
5 170
35 640
-
-
Dividends
18 330
126 360
-
-
income
4 033
27 799
-
-
total
4 033
27 799
-
-
Income
162 000
162 000
162 000
162 000
Total tax
107 622
63 439
12 220
50 045
After tax
54 378
98 561
149 780
111 955
Living cost
40 080
40 080
40 080
40 080
Free-cash
14 298
58 481
109 700
71 875

Estimated living cost  is ₽40080 per week

₽26005
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3769
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽511
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9794
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽62713
₽45255
₽57503
₽61770
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
162 000
income
-
-
-
18 769
surtax
-
-
-
-
social contributions

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

-
-
-
56 296
total
-
-
-
75 065
Employee
43 155
-
130 909
-
surtax
-
-
-
-
social contributions
4 747
-
14 400
-
income
8 976
-
41 822
-
total
13 723
-
56 222
-
Employer
43 155
-
130 909
-
social contributions
10 249
-
31 091
-
total
10 249
-
31 091
-
Corporate
108 596
162 000
-
-
income
22 806
34 020
-
-
surtax
-
-
-
-
total
22 806
34 020
-
-
Dividends
85 790
127 980
-
-
withholding
24 020
35 835
-
-
total
24 020
35 835
-
-
Income
162 000
162 000
162 000
162 000
Total tax
70 798
69 855
87 313
75 065
After tax
91 202
92 145
74 687
86 935
Living cost
29 432
29 432
29 432
29 432
Free-cash
61 770
62 713
45 255
57 503

Estimated living cost  is ₽29432 per week

₽22021
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1736
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽491
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5183
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽36328
₽44061
₽46027
₽42777
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
162 000
income
-
-
-
25 072
other
-
-
-
5 021
surtax
-
-
-
-
social contributions
-
-
-
4 615
health
-
-
-
6 747
pensions
-
-
-
29 199
total
-
-
-
70 654
Employee
58 768
-
125 715
-
pensions
6 647
-
8 602
-
surtax
-
-
-
-
social contributions
1 674
-
3 583
-
income
5 128
-
24 152
-
total
13 449
-
36 337
-
Employer
58 768
-
125 715
-
health
4 113
-
11 466
-
pensions
9 656
-
14 505
-
unemployment
2 381
-
5 091
-
social contributions
176
-
377
-
other
2 028
-
4 844
-
total
18 354
-
36 283
-
Corporate
84 878
162 000
-
-
income
23 766
45 359
-
-
surtax
-
-
-
-
total
23 766
45 359
-
-
Dividends
61 112
116 641
-
-
surtax
-
-
-
-
social contributions
10 513
20 064
-
-
withholding
7 822
14 930
-
-
total
18 335
34 994
-
-
Income
162 000
162 000
162 000
162 000
Total tax
73 904
80 353
72 620
70 654
After tax
88 096
81 647
89 380
91 346
Living cost
45 319
45 319
45 319
45 319
Free-cash
42 777
36 328
44 061
46 027

Estimated living cost  is ₽45319 per week

₽30671
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3707
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽621
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10319
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽117595
₽95523
₽91217
₽114444
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
162 000
income
-
-
-
6 937
social contributions
-
-
-
35 641
total
-
-
-
42 578
Employee
30 166
-
140 259
-
income
-
-
7 416
-
social contributions
1 960
-
9 117
-
total
1 960
-
16 533
-
Employer
30 166
-
140 259
-
social contributions
4 676
-
21 739
-
total
4 676
-
21 739
-
Corporate
127 159
162 000
-
-
income
12 715
16 200
-
-
total
12 715
16 200
-
-
Dividends
114 443
145 800
-
-
total
-
-
-
-
Income
162 000
162 000
162 000
162 000
Total tax
19 351
16 200
38 272
42 578
After tax
142 649
145 800
123 728
119 422
Living cost
28 205
28 205
28 205
28 205
Free-cash
114 444
117 595
95 523
91 217

Estimated living cost  is ₽28205 per week

₽18237
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2126
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽531
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7311
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽42426
-₽42426
₽50547
-₽42426
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
12 895
municipal
-
-
-
33 648
national
-
-
-
18 910
pensions
-
-
-
813
total
-
-
-
66 266
Employee
190 722
190 722
190 722
-
municipal
40 613
40 613
40 613
-
labour market
15 236
15 236
15 236
-
pensions
271
271
271
-
national
23 300
23 300
23 300
-
total
79 420
79 420
79 420
-
Employer
190 722
190 722
190 722
-
national
23 341
23 341
23 341
-
labour market
15 258
15 258
15 258
-
pensions
542
542
542
-
municipal
40 678
40 678
40 678
-
total
79 819
79 819
79 819
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
162 000
162 000
162 000
162 000
Total tax
159 239
159 239
159 239
66 266
After tax
2 761
2 761
2 761
95 734
Living cost
45 187
45 187
45 187
45 187
Free-cash
-42 426
-42 426
-42 426
50 547

Estimated living cost  is ₽45187 per week

₽30926
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3997
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽695
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9568
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽7517
₽67156
₽90125
₽9956
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
162 000
accident
-
-
-
240
income
-
-
-
44 604
other
-
-
-
353
health
-
-
-
2 077
pensions
-
-
-
3 962
total
-
-
-
51 236
Employee
32 466
-
145 514
-
pensions
3 656
-
7 264
-
income
4 454
-
33 794
-
health
3 718
-
16 662
-
total
11 828
-
57 720
-
Employer
32 466
-
145 514
-
pensions
5 279
-
10 490
-
accident
542
-
2 430
-
unemployment
796
-
3 565
-
total
6 617
-
16 485
-
Corporate
122 917
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.

110 625
145 800
-
-
total
110 625
145 800
-
-
Dividends
12 292
16 200
-
-
withholding
2 335
3 078
-
-
total
2 335
3 078
-
-
Income
162 000
162 000
162 000
162 000
Total tax
131 405
148 878
74 205
51 236
After tax
30 595
13 122
87 795
110 764
Living cost
20 639
20 639
20 639
20 639
Free-cash
9 956
-7 517
67 156
90 125

Estimated living cost  is ₽20639 per week

₽15023
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1177
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽387
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4052
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽65692
₽49167
₽68941
₽67968
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
2 103
municipal
-
-
-
28 782
national
-
-
-
26 150
total
-
-
-
57 035
Employee
49 366
-
136 284
-
municipal
8 086
-
22 201
-
unemployment
741
-
2 044
-
pensions
3 332
-
9 199
-
national
816
-
15 941
-
health
369
-
1 708
-
total
13 344
-
51 093
-
Employer
49 366
-
136 284
-
health
379
-
1 049
-
pensions
8 565
-
23 645
-
accident
50
-
137
-
unemployment
321
-
885
-
total
9 315
-
25 716
-
Corporate
103 319
162 000
-
-
income
20 664
32 400
-
-
total
20 664
32 400
-
-
Dividends

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

61 992
97 200
-
-
municipal
11 159
17 496
-
-
national
3 526
10 388
-
-
total
14 685
27 884
-
-
Income
162 000
162 000
162 000
162 000
Total tax
58 008
60 284
76 809
57 035
After tax
103 992
101 716
85 191
104 965
Living cost
36 024
36 024
36 024
36 024
Free-cash
67 968
65 692
49 167
68 941

Estimated living cost  is ₽36024 per week

₽23531
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3465
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.
₽8456
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽96468
₽87733
₽89168
₽91361
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
162 000
income
-
-
-
31 796
social contributions
-
-
-
15 181
health
-
-
-
4 131
total
-
-
-
51 108
Employee
72 151
72 151
151 128
-
social contributions
2 728
5 988
8 077
-
income
7 856
6 679
31 024
-
health
559
1 227
2 569
-
total
11 143
13 894
41 670
-
Employer
72 151
72 151
151 128
-
health
607
1 335
2 796
-
social contributions
2 728
5 988
8 077
-
total
3 335
7 323
10 873
-
Corporate
125 798
82 525
-
-
income
15 725
10 315
-
-
total
15 725
10 315
-
-
Dividends
110 073
72 210
-
-
withholding
18 712
12 276
-
-
total
18 712
12 276
-
-
Income
162 000
162 000
162 000
162 000
Total tax
48 915
43 808
52 543
51 108
After tax
113 085
118 192
109 457
110 892
Living cost
21 724
21 724
21 724
21 724
Free-cash
91 361
96 468
87 733
89 168

Estimated living cost  is ₽21724 per week

₽13020
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2131
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.
₽6093
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽119256
₽102436
₽121256
₽114480
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

  • up to €9,000.00, 60% of the average monthly wage in Montenegro
  • up to €15,000.00, 100% of the average monthly wage in Montenegro
  • in excess of €15,000, 150% of the average monthly wage in Montenegro
-
-
-
162 000
income
-
-
-
16 455
unemployment
-
-
-
27
health
-
-
-
3 396
pensions
-
-
-
5 969
total
-
-
-
25 847
Employee

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

21 537
-
152 830
-
unemployment
107
-
445
-
pensions
3 230
-
13 355
-
income
1 473
-
14 129
-
health
1 830
-
7 568
-
total
6 640
-
35 497
-
Employer

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

21 537
-
152 830
-
health
926
-
3 828
-
pensions
1 184
-
4 897
-
unemployment
107
-
445
-
total
2 217
-
9 170
-
Corporate
138 246
162 000
-
-
income
12 443
14 580
-
-
total
12 443
14 580
-
-
Dividends
125 803
147 420
-
-
withholding
11 323
13 267
-
-
total
11 323
13 267
-
-
Income
162 000
162 000
162 000
162 000
Total tax
32 623
27 847
44 667
25 847
After tax
129 377
134 153
117 333
136 153
Living cost
14 897
14 897
14 897
14 897
Free-cash
114 480
119 256
102 436
121 256

Estimated living cost  is ₽14897 per week

₽9505
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1074
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽443
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3875
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽82221
₽61212
₽65149
₽78075
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
162 000
accident
-
-
-
783
income
-
-
-
44 958
other
-
-
-
87
unemployment
-
-
-
609
pensions
-
-
-
24 612
total
-
-
-
71 049
Employee
34 695
-
134 274
-
other
34
-
87
-
unemployment
538
-
1 348
-
pensions
1 631
-
4 088
-
income
6 689
-
41 737
-
total
8 892
-
47 260
-
Employer
34 695
-
134 274
-
pensions
8 187
-
20 525
-
accident
687
-
1 722
-
unemployment
1 909
-
4 783
-
other
278
-
696
-
total
11 061
-
27 726
-
Corporate
116 244
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.

17 438
24 300
-
-
total
17 438
24 300
-
-
Dividends
98 807
137 700
-
-
withholding
20 732
29 677
-
-
total
20 732
29 677
-
-
Income
162 000
162 000
162 000
162 000
Total tax
58 123
53 977
74 986
71 049
After tax
103 877
108 023
87 014
90 951
Living cost
25 802
25 802
25 802
25 802
Free-cash
78 075
82 221
61 212
65 149

Estimated living cost  is ₽25802 per week

₽17416
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2480
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽452
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5454
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽99188
₽102149
₽102284
₽98876
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
162 000
income
-
-
-
55 425
health
-
-
-
1 005
pensions
-
-
-
1 386
total
-
-
-
57 816
Employee
2 894
-
160 441
-
unemployment
29
-
69
-
pensions
260
-
624
-
income
560
-
55 352
-
health
145
-
347
-
total
994
-
56 392
-
Employer
2 894
-
160 441
-
health
275
-
658
-
pensions
318
-
762
-
unemployment
58
-
139
-
total
651
-
1 559
-
Corporate
158 454
162 000
-
-
income
34 860
35 640
-
-
total
34 860
35 640
-
-
Dividends
123 594
126 360
-
-
withholding
24 719
25 272
-
-
total
24 719
25 272
-
-
Income
162 000
162 000
162 000
162 000
Total tax
61 224
60 912
57 951
57 816
After tax
100 776
101 088
104 049
104 184
Living cost
1 900
1 900
1 900
1 900
Free-cash
98 876
99 188
102 149
102 284

Estimated living cost  is ₽1900 per week

₽1129
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽154
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽44
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽573
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽100849
₽83054
₽83054
₽96240
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

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

-
-
-
162 000
income
-
-
-
36 588
unemployment
-
-
-
1 038
health
-
-
-
7 129
pensions
-
-
-
17 995
total
-
-
-
62 750
Employee

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

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

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

24 423
-
149 611
-
unemployment
183
-
519
-
pensions
3 419
-
9 690
-
income
3 367
-
36 588
-
health
1 258
-
3 564
-
total
8 227
-
50 361
-
Employer

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

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

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

24 423
-
149 611
-
health
1 258
-
3 564
-
pensions
2 931
-
8 306
-
unemployment
183
-
519
-
total
4 372
-
12 389
-
Corporate
133 205
162 000
-
-
income
19 981
24 300
-
-
total
19 981
24 300
-
-
Dividends
113 224
137 700
-
-
withholding
16 984
20 655
-
-
total
16 984
20 655
-
-
Income
162 000
162 000
162 000
162 000
Total tax
49 564
44 955
62 750
62 750
After tax
112 436
117 045
99 250
99 250
Living cost
16 196
16 196
16 196
16 196
Free-cash
96 240
100 849
83 054
83 054

Estimated living cost  is ₽16196 per week

₽10905
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1253
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.
₽3570
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽66849
₽49391
₽61639
₽66513
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
162 000
income
-
-
-
18 769
surtax
-
-
-
-
social contributions

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

-
-
-
56 296
total
-
-
-
75 065
Employee
36 418
-
130 909
-
surtax
-
-
-
-
social contributions
4 006
-
14 400
-
income
7 116
-
41 822
-
total
11 122
-
56 222
-
Employer
36 418
-
130 909
-
social contributions
8 648
-
31 091
-
total
8 648
-
31 091
-
Corporate
116 934
162 000
-
-
income
24 556
34 020
-
-
surtax
-
-
-
-
total
24 556
34 020
-
-
Dividends
92 377
127 980
-
-
withholding
25 865
35 835
-
-
total
25 865
35 835
-
-
Income
162 000
162 000
162 000
162 000
Total tax
70 191
69 855
87 313
75 065
After tax
91 809
92 145
74 687
86 935
Living cost
25 296
25 296
25 296
25 296
Free-cash
66 513
66 849
49 391
61 639

Estimated living cost  is ₽25296 per week

₽17916
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1757
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.
₽5174
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽75047
₽54038
₽57975
₽68864
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
162 000
accident
-
-
-
783
income
-
-
-
44 958
other
-
-
-
87
unemployment
-
-
-
609
pensions
-
-
-
24 612
total
-
-
-
71 049
Employee
45 316
-
134 274
-
other
45
-
87
-
unemployment
702
-
1 348
-
pensions
2 130
-
4 088
-
income
9 465
-
41 737
-
total
12 342
-
47 260
-
Employer
45 316
-
134 274
-
pensions
10 694
-
20 525
-
accident
897
-
1 722
-
unemployment
2 493
-
4 783
-
other
363
-
696
-
total
14 447
-
27 726
-
Corporate
102 236
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.

15 335
24 300
-
-
total
15 335
24 300
-
-
Dividends
86 902
137 700
-
-
withholding
18 036
29 677
-
-
total
18 036
29 677
-
-
Income
162 000
162 000
162 000
162 000
Total tax
60 160
53 977
74 986
71 049
After tax
101 840
108 023
87 014
90 951
Living cost
32 976
32 976
32 976
32 976
Free-cash
68 864
75 047
54 038
57 975

Estimated living cost  is ₽32976 per week

₽23682
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.
₽465
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6266
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽122373
₽119133
₽112814
₽116655
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
162 000
income
-
-
-
24 300
unemployment
-
-
-
131
health
-
-
-
3 768
pensions

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

-
-
-
4 850
total
-
-
-
33 049
Employee
21 368
-
155 571
-
accident

We are using the highest rate at 1.1%.

235
-
360
-
pensions

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

1 876
-
2 877
-
income
2 137
-
15 557
-
health
983
-
1 507
-
total
5 231
-
20 301
-
Employer
21 368
-
155 571
-
health
1 475
-
2 261
-
pensions

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

2 355
-
3 611
-
accident

We are using the highest rate at 1.1%.

235
-
360
-
unemployment
128
-
197
-
total
4 193
-
6 429
-
Corporate
136 440
162 000
-
-
income
13 644
16 200
-
-
total
13 644
16 200
-
-
Dividends
122 796
145 800
-
-
withholding
6 140
7 290
-
-
total
6 140
7 290
-
-
Income
162 000
162 000
162 000
162 000
Total tax
29 208
23 490
26 730
33 049
After tax
132 792
138 510
135 270
128 951
Living cost
16 137
16 137
16 137
16 137
Free-cash
116 655
122 373
119 133
112 814

Estimated living cost  is ₽16137 per week

₽10673
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽924
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽385
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4156
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽47153
₽66917
₽49930
₽59429
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
162 000
income

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

-
-
-
49 713
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.

-
-
-
2 735
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.

-
-
-
6 410
trade
-
-
-
16 987
total
-
-
-
75 845
Employee

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

46 686
-
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.

212
-
2 735
-
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.

3 839
-
49 713
-
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.

6 410
-
6 410
-
total
10 461
-
58 858
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
115 314
162 000
-
-
income
17 297
24 300
-
-
surtax

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

951
1 337
-
-
chamber of commerce
312
379
-
-
trade
16 547
23 248
-
-
total
35 107
49 264
-
-
Dividends
80 207
112 736
-
-
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.

1 083
1 531
-
-
withholding
19 695
27 827
-
-
total
20 778
29 358
-
-
Income
162 000
162 000
162 000
162 000
Total tax
66 346
78 622
58 858
75 845
After tax
95 654
83 378
103 142
86 155
Living cost
36 225
36 225
36 225
36 225
Free-cash
59 429
47 153
66 917
49 930

Estimated living cost  is ₽36225 per week

₽24989
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3898
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.
₽6813
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽59950
₽32308
₽32308
₽62021
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
49 291
social contributions
-
-
-
26 951
total
-
-
-
76 242
Employee
73 396
-
162 000
-
income
13 850
-
49 291
-
social contributions
6 098
-
26 951
-
total
19 948
-
76 242
-
Employer
73 396
-
162 000
-
total
-
-
-
-
Corporate
88 604
162 000
-
-
income
11 075
20 251
-
-
total
11 075
20 251
-
-
Dividends
77 528
141 749
-
-
withholding
15 506
28 349
-
-
total
15 506
28 349
-
-
Income
162 000
162 000
162 000
162 000
Total tax
46 529
48 600
76 242
76 242
After tax
115 471
113 400
85 758
85 758
Living cost
53 450
53 450
53 450
53 450
Free-cash
62 021
59 950
32 308
32 308

Estimated living cost  is ₽53450 per week

₽40664
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4355
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽511
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7920
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽66282
₽81325
₽95543
₽69559
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
26 709
health

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

-
-
-
5 687
total
-
-
-
32 396
Employee
43 044
-
157 684
-
income
4 671
-
37 982
-
social contributions
4 313
-
4 316
-
total
8 984
-
42 298
-
Employer
43 044
-
157 684
-
social contributions
4 313
-
4 316
-
total
4 313
-
4 316
-
Corporate
114 643
162 000
-
-
income
40 126
56 700
-
-
total
40 126
56 700
-
-
Dividends
74 517
105 300
-
-
social contributions
4 957
4 957
-
-
total
4 957
4 957
-
-
Income
162 000
162 000
162 000
162 000
Total tax
58 380
61 657
46 614
32 396
After tax
103 620
100 343
115 386
129 604
Living cost
34 061
34 061
34 061
34 061
Free-cash
69 559
66 282
81 325
95 543

Estimated living cost  is ₽34061 per week

₽22436
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2685
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽522
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8417
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽71563
₽58162
₽72844
₽77114
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
162 000
income
-
-
-
45 970
pensions
-
-
-
8 371
total
-
-
-
54 341
Employee
47 789
-
141 546
-
pensions
3 648
-
10 320
-
income
8 703
-
36 182
-
health
623
-
2 065
-
total
12 974
-
48 567
-
Employer
47 789
-
141 546
-
health
908
-
2 690
-
pensions
4 828
-
17 765
-
total
5 736
-
20 455
-
Corporate
108 474
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.

20 609
30 780
-
-
total
20 609
30 780
-
-
Dividends
87 865
131 220
-
-
withholding
10 752
24 842
-
-
total
10 752
24 842
-
-
Income
162 000
162 000
162 000
162 000
Total tax
50 071
55 622
69 022
54 341
After tax
111 929
106 378
92 978
107 659
Living cost
34 815
34 815
34 815
34 815
Free-cash
77 114
71 563
58 162
72 844

Estimated living cost  is ₽34815 per week

₽23883
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3202
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽436
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7293
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽9560
₽65113
₽88082
₽9643
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
162 000
accident
-
-
-
240
income
-
-
-
44 604
other
-
-
-
353
health
-
-
-
2 077
pensions
-
-
-
3 962
total
-
-
-
51 236
Employee
35 680
-
145 514
-
pensions
4 018
-
7 264
-
income
4 895
-
33 794
-
health
4 085
-
16 662
-
total
12 998
-
57 720
-
Employer
35 680
-
145 514
-
pensions
5 801
-
10 490
-
accident
596
-
2 430
-
unemployment
874
-
3 565
-
total
7 271
-
16 485
-
Corporate
119 049
162 000
-
-
income

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

107 144
145 800
-
-
total
107 144
145 800
-
-
Dividends
11 905
16 200
-
-
withholding
2 262
3 078
-
-
total
2 262
3 078
-
-
Income
162 000
162 000
162 000
162 000
Total tax
129 675
148 878
74 205
51 236
After tax
32 325
13 122
87 795
110 764
Living cost
22 682
22 682
22 682
22 682
Free-cash
9 643
-9 560
65 113
88 082

Estimated living cost  is ₽22682 per week

₽16646
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1322
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽457
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4257
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽123646
₽102026
₽81390
₽119256
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
26 660
unemployment
-
-
-
1 801
work injury
-
-
-
750
health insurance
-
-
-
11 106
pensions
-
-
-
27 616
total
-
-
-
67 933
Employee

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

20 283
-
162 000
-
health insurance
1 501
-
5 553
-
unemployment
243
-
901
-
work injury
101
-
375
-
pensions
3 732
-
13 808
-
income
2 028
-
26 660
-
total
7 605
-
47 297
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
141 717
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%.

1 417
1 620
-
-
total
1 417
1 620
-
-
Dividends
140 300
160 380
-
-
withholding
21 045
24 057
-
-
total
21 045
24 057
-
-
Income
162 000
162 000
162 000
162 000
Total tax
30 067
25 677
47 297
67 933
After tax
131 933
136 323
114 703
94 067
Living cost
12 677
12 677
12 677
12 677
Free-cash
119 256
123 646
102 026
81 390

Estimated living cost  is ₽12677 per week

₽7853
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽921
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.
₽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 Skopje model

Close
Rome , Italy
₽47950
₽31206
₽38319
₽43681
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
regional
-
-
-
3 706
municipal
-
-
-
1 083
national
-
-
-
39 846
total
-
-
-
86 301
Employee
79 067
-
162 000
-
municipal
472
-
967
-
national
13 362
-
34 533
-
regional
1 194
-
3 288
-
social contributions
26 661
-
54 626
-
total
41 689
-
93 414
-
Employer
79 067
-
162 000
-
total
-
-
-
-
Corporate
82 933
162 000
-
-
municipal
3 997
7 808
-
-
nationa
19 904
38 880
-
-
total
23 901
46 688
-
-
Dividends
59 031
115 312
-
-
withholding
15 349
29 982
-
-
total
15 349
29 982
-
-
Income
162 000
162 000
162 000
162 000
Total tax
80 939
76 670
93 414
86 301
After tax
81 061
85 330
68 586
75 699
Living cost
37 380
37 380
37 380
37 380
Free-cash
43 681
47 950
31 206
38 319

Estimated living cost  is ₽37380 per week

₽26257
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2571
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽564
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7986
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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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