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
₽51168
₽62329
₽55429
₽73554
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
trade
-
-
-
18 125
income

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

-
-
-
48 329
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.

-
-
-
6 894
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.

-
-
-
2 658
total
-
-
-
76 006
Employee

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

38 597
-
162 000
-
health

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

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

6 894
-
6 894
-
surtax

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

59
-
2 658
-
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.

1 078
-
48 329
-
total
8 031
-
57 881
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
123 403
162 000
-
-
surtax

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

1 019
1 337
-
-
income
18 510
24 299
-
-
trade
19 435
25 515
-
-
chamber of commerce
331
387
-
-
total
39 295
51 538
-
-
Dividends
84 108
110 462
-
-
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.

1 136
1 498
-
-
withholding
20 644
27 231
-
-
total
21 780
28 729
-
-
Income
162 000
162 000
162 000
162 000
Total tax
69 106
80 267
57 881
76 006
After tax
92 894
81 733
104 119
85 994
Living cost
30 565
30 565
30 565
30 565
Free-cash
62 329
51 168
73 554
55 429

Estimated living cost  is ₽30565 per week

₽19226
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3564
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽571
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7204
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽50098
₽49249
₽44855
₽46125
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
162 000
municipal
-
-
-
17 639
pensions
-
-
-
19 440
national
-
-
-
27 334
social contributions
-
-
-
1 742
total
-
-
-
66 155
Employee
79 044
-
140 048
-
municipal
9 763
-
18 267
-
pensions
3 162
-
5 602
-
national
15 129
-
28 306
-
total
28 054
-
52 175
-
Employer
79 044
-
140 048
-
social contributions
850
-
1 506
-
pensions
6 324
-
11 204
-
total
7 174
-
12 710
-
Corporate
70 566
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%.

14 113
32 400
-
-
total
14 113
32 400
-
-
Dividends
56 453
129 600
-
-
withholding
12 420
28 512
-
-
total
12 420
28 512
-
-
Income
162 000
162 000
162 000
162 000
Total tax
61 761
60 912
64 885
66 155
After tax
100 239
101 088
97 115
95 845
Living cost
50 990
50 990
50 990
50 990
Free-cash
49 249
50 098
46 125
44 855

Estimated living cost  is ₽50990 per week

₽34657
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4740
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽763
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10830
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽108606
₽100328
₽33556
₽76405
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
microenterprise
-
-
-
-
income
-
-
-
27 476
surtax
-
-
-
41 310
social contributions

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

-
-
-
38 664
total
-
-
-
107 450
Employee
29 487
-
118 344
-
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.

3 244
-
13 018
-
surtax
-
-
-
-
income
5 249
-
23 075
-
total
8 493
-
36 093
-
Employer
29 487
-
118 344
-
social contributions

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

7 103
-
28 508
-
surtax
-
-
-
-
total
7 103
-
28 508
-
Corporate
125 410
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%.

25 082
32 400
-
-
total
25 082
32 400
-
-
Dividends

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

100 328
129 600
-
-
total
-
-
-
-
Income
162 000
162 000
162 000
162 000
Total tax
40 678
32 400
64 601
107 450
After tax
121 322
129 600
97 399
54 550
Living cost
20 994
20 994
20 994
20 994
Free-cash
100 328
108 606
76 405
33 556

Estimated living cost  is ₽20994 per week

₽13393
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1999
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.
₽5125
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽37697
₽31516
₽48260
₽57229
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
162 000
income
-
-
-
47 200
pensions
-
-
-
11 823
health
-
-
-
12 444
total
-
-
-
71 467
Employee
86 174
86 174
143 247
-
health
13 227
11 251
12 444
-
income

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

14 105
14 105
19 477
-
pensions
15 511
11 823
11 823
-
total
42 843
37 179
43 744
-
Employer
86 174
86 174
143 247
-
unemployment
3 102
3 102
3 855
-
pensions
5 998
5 998
7 455
-
health
5 990
5 990
7 444
-
total
15 090
15 090
18 754
-
Corporate
61 793
60 735
-
-
income
12 359
12 147
-
-
total
12 359
12 147
-
-
Dividends
49 433
48 589
-
-
income
10 504
10 326
-
-
withholding
7 415
7 288
-
-
total
17 919
17 614
-
-
Income
162 000
162 000
162 000
162 000
Total tax
88 211
82 030
62 498
71 467
After tax
73 789
79 970
99 502
90 533
Living cost
42 273
42 273
42 273
42 273
Free-cash
31 516
37 697
57 229
48 260

Estimated living cost  is ₽42273 per week

₽29958
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3811
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽672
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7832
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽49463
₽48587
₽44823
₽43876
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
162 000
municipal
-
-
-
40 926
accident
-
-
-
171
pensions
-
-
-
9 237
other
-
-
-
9 929
unemployment
-
-
-
85
health
-
-
-
5 332
national
-
-
-
12 508
total
-
-
-
78 188
Employee
55 556
-
135 151
-
municipal
16 567
-
40 302
-
national
-
-
11 985
-
total
16 567
-
52 287
-
Employer
55 556
-
135 151
-
accident
111
-
171
-
other
6 456
-
9 929
-
unemployment
1 467
-
2 256
-
pensions
6 006
-
9 237
-
health
3 417
-
5 255
-
total
17 457
-
26 848
-
Corporate
88 988
162 000
-
-
income
19 577
35 640
-
-
total
19 577
35 640
-
-
Dividends
69 411
126 360
-
-
withholding
20 823
37 908
-
-
total
20 823
37 908
-
-
Income
162 000
162 000
162 000
162 000
Total tax
74 424
73 548
79 135
78 188
After tax
87 576
88 452
82 865
83 812
Living cost
38 989
38 989
38 989
38 989
Free-cash
48 587
49 463
43 876
44 823

Estimated living cost  is ₽38989 per week

₽25841
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3826
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽592
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8731
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽41258
₽55438
₽45545
₽64477
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
trade
-
-
-
18 932
income

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

-
-
-
48 329
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.

-
-
-
6 894
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.

-
-
-
2 658
total
-
-
-
76 813
Employee

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

51 174
-
162 000
-
health

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

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

6 894
-
6 894
-
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.

241
-
2 658
-
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.

4 397
-
48 329
-
total
11 532
-
57 881
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
110 826
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.

913
1 337
-
-
income
16 624
24 299
-
-
trade
18 231
26 649
-
-
chamber of commerce
310
383
-
-
total
36 078
52 668
-
-
Dividends
74 747
109 332
-
-
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.

1 007
1 482
-
-
withholding
18 303
26 950
-
-
total
19 310
28 432
-
-
Income
162 000
162 000
162 000
162 000
Total tax
66 920
81 100
57 881
76 813
After tax
95 080
80 900
104 119
85 187
Living cost
39 642
39 642
39 642
39 642
Free-cash
55 438
41 258
64 477
45 545

Estimated living cost  is ₽39642 per week

₽26513
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4180
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽592
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8357
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽85503
₽81314
₽78784
₽77319
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
162 000
income
-
-
-
30 027
health
-
-
-
4 131
social contributions
-
-
-
16 327
total
-
-
-
50 485
Employee
77 596
77 596
150 529
-
social contributions
3 771
6 440
8 686
-
health
772
1 319
2 558
-
income
8 148
7 183
29 236
-
total
12 691
14 942
40 480
-
Employer
77 596
77 596
150 529
-
social contributions
3 771
6 440
8 686
-
health
841
1 436
2 784
-
total
4 612
7 876
11 470
-
Corporate
111 967
76 527
-
-
income
13 997
9 565
-
-
total
13 997
9 565
-
-
Dividends
97 971
66 962
-
-
withholding
16 655
11 383
-
-
total
16 655
11 383
-
-
Income
162 000
162 000
162 000
162 000
Total tax
47 955
43 766
51 950
50 485
After tax
114 045
118 234
110 050
111 515
Living cost
32 731
32 731
32 731
32 731
Free-cash
81 314
85 503
77 319
78 784

Estimated living cost  is ₽32731 per week

₽22375
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2557
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.
₽7250
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽72702
₽73082
₽93890
₽75578
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
pensions
-
-
-
16 200
unemployment
-
-
-
2 430
health
-
-
-
11 340
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.

26 467
10 533
135 565
-
health
1 853
737
9 490
-
income
3 236
1 288
16 573
-
pensions
2 647
1 053
13 556
-
unemployment
397
158
2 033
-
total
8 133
3 236
41 652
-
Employer

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

The minimum wage is 138,000 HUF per month.

26 467
10 533
135 565
-
pensions
5 161
2 054
26 435
-
total
5 161
2 054
26 435
-
Corporate
130 372
149 413
-
-
income
11 734
13 447
-
-
total
11 734
13 447
-
-
Dividends
118 639
135 966
-
-
social contributions
23 014
26 393
-
-
withholding
22 541
25 833
-
-
total
45 555
52 226
-
-
Income
162 000
162 000
162 000
162 000
Total tax
70 583
70 963
68 087
49 775
After tax
91 417
91 037
93 913
112 225
Living cost
18 335
18 335
18 335
18 335
Free-cash
73 082
72 702
75 578
93 890

Estimated living cost  is ₽18335 per week

₽12512
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1500
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽366
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3956
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽105226
₽98955
₽62459
₽68999
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
162 000
income
-
-
-
21 708
pensions
-
-
-
32 400
health
-
-
-
21 059
total
-
-
-
75 167
Employee
28 627
-
121 077
-
income
3 223
-
23 344
-
pensions
573
-
2 422
-
unemployment
458
-
1 938
-
total
4 254
-
27 704
-
Employer
28 627
-
121 077
-
unemployment
230
-
969
-
pensions
5 726
-
24 215
-
health
3 721
-
15 739
-
total
9 677
-
40 923
-
Corporate
123 697
162 000
-
-
income
24 740
32 400
-
-
total
24 740
32 400
-
-
Dividends
98 957
129 600
-
-
total
-
-
-
-
Income
162 000
162 000
162 000
162 000
Total tax
38 671
32 400
68 627
75 167
After tax
123 329
129 600
93 373
86 833
Living cost
24 374
24 374
24 374
24 374
Free-cash
98 955
105 226
68 999
62 459

Estimated living cost  is ₽24374 per week

₽16718
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1452
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.
₽5714
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽8949
₽9736
₽88726
₽65406
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
253
income
-
-
-
44 216
pensions
-
-
-
4 174
other
-
-
-
372
health
-
-
-
2 188
total
-
-
-
51 203
Employee
34 719
-
144 975
-
health
3 975
-
16 600
-
income
4 763
-
33 243
-
pensions
3 909
-
7 654
-
total
12 647
-
57 497
-
Employer
34 719
-
144 975
-
accident
580
-
2 421
-
unemployment
851
-
3 552
-
pensions
5 646
-
11 053
-
total
7 077
-
17 026
-
Corporate
120 206
162 000
-
-
income

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

108 185
145 800
-
-
total
108 185
145 800
-
-
Dividends
12 021
16 200
-
-
withholding
2 284
3 078
-
-
total
2 284
3 078
-
-
Income
162 000
162 000
162 000
162 000
Total tax
130 193
148 878
74 523
51 203
After tax
31 807
13 122
87 477
110 797
Living cost
22 071
22 071
22 071
22 071
Free-cash
9 736
-8 949
65 406
88 726

Estimated living cost  is ₽22071 per week

₽16176
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1223
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽461
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4212
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽144821
₽143119
₽151301
₽120521
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
11 349
-
162 000
-
income
2 269
-
32 400
-
total
2 269
-
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%.

150 651
162 000
-
-
total
-
-
-
-
Dividends
150 651
162 000
-
-
withholding
7 533
8 100
-
-
total
7 533
8 100
-
-
Income
162 000
162 000
162 000
162 000
Total tax
9 802
8 100
32 400
1 620
After tax
152 198
153 900
129 600
160 380
Living cost
9 079
9 079
9 079
9 079
Free-cash
143 119
144 821
120 521
151 301

Estimated living cost  is ₽9079 per week

₽5627
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽755
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽250
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2448
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽92133
₽85318
₽60730
₽65301
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
162 000
income
-
-
-
23 512
pensions

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

-
-
-
36 829
other
-
-
-
7 288
health
-
-
-
6 752
total
-
-
-
74 381
Employee
36 640
-
129 390
-
health
513
-
1 812
-
income
6 308
-
25 037
-
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.

2 564
-
9 058
-
unemployment
366
-
1 295
-
total
9 751
-
37 202
-
Employer
36 640
-
129 390
-
accident
293
-
1 036
-
other
1 833
-
6 469
-
unemployment
366
-
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.

6 229
-
21 996
-
health
513
-
1 812
-
total
9 234
-
32 608
-
Corporate
116 126
162 000
-
-
income
24 387
34 020
-
-
total
24 387
34 020
-
-
Dividends
91 739
127 980
-
-
withholding
6 421
8 958
-
-
total
6 421
8 958
-
-
Income
162 000
162 000
162 000
162 000
Total tax
49 793
42 978
69 810
74 381
After tax
112 207
119 022
92 190
87 619
Living cost
26 889
26 889
26 889
26 889
Free-cash
85 318
92 133
65 301
60 730

Estimated living cost  is ₽26889 per week

₽18999
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1815
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.
₽5642
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽40087
₽39748
₽40934
₽26179
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
44 561
pensions
-
-
-
8 783
total
-
-
-
53 344
Employee
95 816
-
141 668
-
health
1 579
-
2 117
-
income
17 272
-
34 727
-
pensions
9 244
-
10 923
-
total
28 095
-
47 767
-
Employer
95 816
-
141 668
-
pensions
11 313
-
17 640
-
health
1 820
-
2 692
-
total
13 133
-
20 332
-
Corporate
53 051
162 000
-
-
income

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

10 080
30 779
-
-
total
10 080
30 779
-
-
Dividends
42 971
131 221
-
-
withholding
3 222
23 412
-
-
total
3 222
23 412
-
-
Income
162 000
162 000
162 000
162 000
Total tax
54 530
54 191
68 099
53 344
After tax
107 470
107 809
93 901
108 656
Living cost
67 722
67 722
67 722
67 722
Free-cash
39 748
40 087
26 179
40 934

Estimated living cost  is ₽67722 per week

₽50745
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽7957
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽551
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8470
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽125271
₽120581
₽115044
₽121225
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
pensions

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

-
-
-
5 220
unemployment
-
-
-
141
health
-
-
-
4 056
total
-
-
-
33 717
Employee
17 531
-
155 080
-
health
806
-
1 622
-
accident

We are using the highest rate at 1.1%.

193
-
388
-
income
1 753
-
15 508
-
pensions

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

1 539
-
3 097
-
total
4 291
-
20 615
-
Employer
17 531
-
155 080
-
accident

We are using the highest rate at 1.1%.

193
-
388
-
unemployment
105
-
212
-
pensions

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

1 932
-
3 887
-
health
1 210
-
2 434
-
total
3 440
-
6 921
-
Corporate
141 029
162 000
-
-
income
14 103
16 200
-
-
total
14 103
16 200
-
-
Dividends
126 926
145 800
-
-
withholding
6 346
7 290
-
-
total
6 346
7 290
-
-
Income
162 000
162 000
162 000
162 000
Total tax
28 180
23 490
27 536
33 717
After tax
133 820
138 510
134 464
128 283
Living cost
13 239
13 239
13 239
13 239
Free-cash
120 581
125 271
121 225
115 044

Estimated living cost  is ₽13239 per week

₽7729
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽945
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽351
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4214
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽24013
₽26553
₽34576
₽43545
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
162 000
income
-
-
-
47 200
pensions
-
-
-
11 823
health
-
-
-
12 444
total
-
-
-
71 467
Employee
93 558
86 174
143 247
-
health
11 672
11 251
12 444
-
income

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

14 105
14 105
19 477
-
pensions
11 823
11 823
11 823
-
total
37 600
37 179
43 744
-
Employer
93 558
86 174
143 247
-
unemployment
3 368
3 102
3 855
-
pensions
6 511
5 998
7 455
-
health
6 501
5 990
7 444
-
total
16 380
15 090
18 754
-
Corporate
52 061
60 735
-
-
income
10 412
12 147
-
-
total
10 412
12 147
-
-
Dividends
41 650
48 589
-
-
income
8 851
10 326
-
-
withholding
6 247
7 288
-
-
total
15 098
17 614
-
-
Income
162 000
162 000
162 000
162 000
Total tax
79 490
82 030
62 498
71 467
After tax
82 510
79 970
99 502
90 533
Living cost
55 957
55 957
55 957
55 957
Free-cash
26 553
24 013
43 545
34 576

Estimated living cost  is ₽55957 per week

₽41278
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4998
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽642
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9041
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽87370
₽78747
₽65385
₽58444
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
162 000
income
-
-
-
15 803
health
-
-
-
21 870
solidarity contribution
-
-
-
-
social contributions
-
-
-
34 775
total
-
-
-
72 448
Employee
35 540
-
121 309
-
social contributions
2 310
-
7 741
-
health
4 798
-
16 377
-
solidarity contribution
-
-
-
-
income
4 265
-
14 579
-
total
11 373
-
38 697
-
Employer
35 540
-
121 309
-
social contributions
8 885
-
29 774
-
health
3 199
-
10 918
-
total
12 084
-
40 692
-
Corporate
114 377
162 000
-
-
income
21 732
30 780
-
-
total
21 732
30 780
-
-
Dividends
92 645
131 220
-
-
withholding
13 897
19 683
-
-
total
13 897
19 683
-
-
Income
162 000
162 000
162 000
162 000
Total tax
59 086
50 463
79 389
72 448
After tax
102 914
111 537
82 611
89 552
Living cost
24 167
24 167
24 167
24 167
Free-cash
78 747
87 370
58 444
65 385

Estimated living cost  is ₽24167 per week

₽16787
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1719
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽475
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5186
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽43853
₽38584
₽35763
₽28443
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
162 000
municipal
-
-
-
963
regional
-
-
-
1 896
national
-
-
-
39 131
social contributions
-
-
-
41 666
total
-
-
-
83 656
Employee
89 684
-
162 000
-
social contributions
30 241
-
54 627
-
regional
846
-
1 672
-
municipal
475
-
860
-
national
15 540
-
33 817
-
total
47 102
-
90 976
-
Employer
89 684
-
162 000
-
total
-
-
-
-
Corporate
72 316
162 000
-
-
nationa
17 356
38 880
-
-
municipal
2 821
6 318
-
-
total
20 177
45 198
-
-
Dividends
52 140
116 802
-
-
withholding
13 556
30 368
-
-
total
13 556
30 368
-
-
Income
162 000
162 000
162 000
162 000
Total tax
80 835
75 566
90 976
83 656
After tax
81 165
86 434
71 024
78 344
Living cost
42 581
42 581
42 581
42 581
Free-cash
38 584
43 853
28 443
35 763

Estimated living cost  is ₽42581 per week

₽29682
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2792
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽653
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9452
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽79630
₽76489
₽54599
₽48391
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
162 000
income
-
-
-
42 202
pensions
-
-
-
26 936
other
-
-
-
-
unemployment
-
-
-
230
health
-
-
-
9 562
surtax
-
-
-
6 203
total
-
-
-
85 133
Employee
33 371
-
133 829
-
other
-
-
-
-
health
852
-
3 414
-
surtax
109
-
5 207
-
income
5 594
-
36 308
-
pensions
2 225
-
8 926
-
unemployment
2 323
-
9 314
-
total
11 103
-
63 169
-
Employer
33 371
-
133 829
-
other
-
-
-
-
unemployment
1 057
-
4 242
-
pensions
4 449
-
17 840
-
health
1 519
-
6 090
-
total
7 025
-
28 172
-
Corporate
121 605
162 000
-
-
income
31 616
42 120
-
-
total
31 616
42 120
-
-
Dividends
89 989
119 880
-
-
withholding
13 499
17 982
-
-
total
13 499
17 982
-
-
Income
162 000
162 000
162 000
162 000
Total tax
63 243
60 102
91 341
85 133
After tax
98 757
101 898
70 659
76 867
Living cost
22 268
22 268
22 268
22 268
Free-cash
76 489
79 630
48 391
54 599

Estimated living cost  is ₽22268 per week

₽13616
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2055
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽513
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6084
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽61543
₽67145
₽62390
₽47635
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
44 561
pensions
-
-
-
8 783
total
-
-
-
53 344
Employee
64 213
-
141 668
-
health
932
-
2 117
-
income
11 565
-
34 727
-
pensions
5 450
-
10 923
-
total
17 947
-
47 767
-
Employer
64 213
-
141 668
-
pensions
6 951
-
17 640
-
health
1 220
-
2 692
-
total
8 171
-
20 332
-
Corporate
89 616
162 000
-
-
income

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

17 027
30 779
-
-
total
17 027
30 779
-
-
Dividends
72 589
131 221
-
-
withholding
5 444
23 412
-
-
total
5 444
23 412
-
-
Income
162 000
162 000
162 000
162 000
Total tax
48 589
54 191
68 099
53 344
After tax
113 411
107 809
93 901
108 656
Living cost
46 266
46 266
46 266
46 266
Free-cash
67 145
61 543
47 635
62 390

Estimated living cost  is ₽46266 per week

₽34662
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3468
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽484
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7651
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽2188
₽30444
₽55665
₽47843
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
city
-
-
-
1 708
pensions
-
-
-
14 904
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
-
-
-
7 618
health
-
-
-
364
national
-
-
-
2 235
total
-
-
-
30 069
Employee
89 251
-
145 000
-
city
958
-
1 557
-
regional
2 923
-
6 605
-
health
202
-
327
-
pensions
7 498
-
12 180
-
unemployment
-
-
-
-
national
422
-
1 816
-
total
12 003
-
22 485
-
Employer
89 251
-
145 000
-
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.

1 784
-
2 899
-
unemployment
-
-
-
-
pensions
7 498
-
12 180
-
health
202
-
327
-
total
9 484
-
15 406
-
Corporate
62 283
162 000
-
-
regional
13 173
34 263
-
-
national
5 295
13 770
-
-
total
18 468
48 033
-
-
Dividends
43 816
113 966
-
-
withholding
15 335
39 889
-
-
total
15 335
39 889
-
-
Income
162 000
162 000
162 000
162 000
Total tax
55 290
87 922
37 891
30 069
After tax
106 710
74 078
124 109
131 931
Living cost
76 266
76 266
76 266
76 266
Free-cash
30 444
-2 188
47 843
55 665

Estimated living cost  is ₽76266 per week

₽49595
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽6844
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽936
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽18891
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽33839
₽50201
₽38155
₽57891
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
trade
-
-
-
19 736
income

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

-
-
-
48 329
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.

-
-
-
6 894
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.

-
-
-
2 658
total
-
-
-
77 617
Employee

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

60 646
-
162 000
-
health

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

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

6 894
-
6 894
-
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.

393
-
2 658
-
income

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

7 131
-
48 329
-
total
14 418
-
57 881
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
101 354
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.

837
1 337
-
-
income
15 203
24 299
-
-
trade
17 382
27 783
-
-
chamber of commerce
295
381
-
-
total
33 717
53 800
-
-
Dividends
67 637
108 200
-
-
surtax

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

910
1 467
-
-
withholding
16 526
26 666
-
-
total
17 436
28 133
-
-
Income
162 000
162 000
162 000
162 000
Total tax
65 571
81 933
57 881
77 617
After tax
96 429
80 067
104 119
84 383
Living cost
46 228
46 228
46 228
46 228
Free-cash
50 201
33 839
57 891
38 155

Estimated living cost  is ₽46228 per week

₽33763
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3698
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽601
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8167
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽47123
₽53084
₽57021
₽56262
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
24 069
pensions
-
-
-
30 389
other
-
-
-
5 021
health
-
-
-
6 358
surtax
-
-
-
-
social contributions
-
-
-
4 617
total
-
-
-
70 454
Employee
43 189
-
126 406
-
social contributions
1 231
-
3 600
-
surtax
-
-
-
-
income
2 549
-
23 665
-
pensions
4 883
-
8 361
-
total
8 663
-
35 626
-
Employer
43 189
-
126 406
-
other
1 490
-
4 748
-
social contributions
130
-
379
-
unemployment
1 748
-
5 119
-
pensions
7 095
-
14 152
-
health
3 024
-
11 189
-
total
13 487
-
35 587
-
Corporate
105 324
162 000
-
-
surtax
-
-
-
-
income
29 491
45 360
-
-
total
29 491
45 360
-
-
Dividends
75 833
116 640
-
-
surtax
-
-
-
-
social contributions
13 043
20 063
-
-
withholding
9 707
14 929
-
-
total
22 750
34 992
-
-
Income
162 000
162 000
162 000
162 000
Total tax
74 391
80 352
71 213
70 454
After tax
87 609
81 648
90 787
91 546
Living cost
34 525
34 525
34 525
34 525
Free-cash
53 084
47 123
56 262
57 021

Estimated living cost  is ₽34525 per week

₽21770
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2807
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽588
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9362
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽50543
₽56148
₽60441
₽59682
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
24 069
pensions
-
-
-
30 389
other
-
-
-
5 021
health
-
-
-
6 358
surtax
-
-
-
-
social contributions
-
-
-
4 617
total
-
-
-
70 454
Employee
38 552
-
126 406
-
social contributions
1 099
-
3 600
-
surtax
-
-
-
-
income
1 988
-
23 665
-
pensions
4 360
-
8 361
-
total
7 447
-
35 626
-
Employer
38 552
-
126 406
-
other
1 331
-
4 748
-
social contributions
115
-
379
-
unemployment
1 561
-
5 119
-
pensions
6 335
-
14 152
-
health
2 698
-
11 189
-
total
12 040
-
35 587
-
Corporate
111 409
162 000
-
-
surtax
-
-
-
-
income
31 195
45 360
-
-
total
31 195
45 360
-
-
Dividends
80 213
116 640
-
-
surtax
-
-
-
-
social contributions
13 797
20 063
-
-
withholding
10 268
14 929
-
-
total
24 065
34 992
-
-
Income
162 000
162 000
162 000
162 000
Total tax
74 747
80 352
71 213
70 454
After tax
87 253
81 648
90 787
91 546
Living cost
31 105
31 105
31 105
31 105
Free-cash
56 148
50 543
59 682
60 441

Estimated living cost  is ₽31105 per week

₽18039
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3160
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽590
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9316
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽77437
₽77961
₽82639
₽79761
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
24 299
health
-
-
-
11 308
social contributions
-
-
-
22 356
total
-
-
-
57 963
Employee
34 215
-
162 000
-
social contributions
4 722
-
22 356
-
health
2 388
-
11 308
-
income
5 707
-
27 177
-
total
12 817
-
60 841
-
Employer
34 215
-
162 000
-
total
-
-
-
-
Corporate
127 785
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%.

6 388
8 100
-
-
total
6 388
8 100
-
-
Dividends
121 397
153 900
-
-
health
8 474
10 743
-
-
social contributions
16 752
21 237
-
-
withholding
18 210
23 085
-
-
total
43 436
55 065
-
-
Income
162 000
162 000
162 000
162 000
Total tax
62 641
63 165
60 841
57 963
After tax
99 359
98 835
101 159
104 037
Living cost
21 398
21 398
21 398
21 398
Free-cash
77 961
77 437
79 761
82 639

Estimated living cost  is ₽21398 per week

₽14320
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1319
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽492
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5264
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽54229
₽52666
₽47546
₽7056
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
chamber of commerce
-
-
-
647
income
-
-
-
41 034
pensions
-
-
-
21 810
unemployment
-
-
-
6 189
health
-
-
-
9 018
surtax
-
-
-
199
total
-
-
-
78 897
Employee
50 431
40 215
127 193
-
other
504
402
1 180
-
health
1 951
1 557
4 561
-
income
5 741
2 966
32 390
-
pensions
5 165
4 117
12 072
-
unemployment
1 513
1 206
3 537
-
total
14 874
10 248
53 740
-
Employer
50 431
40 215
127 193
-
accident
655
523
1 532
-
other
2 396
1 909
5 961
-
chamber of commerce
201
161
509
-
unemployment
1 513
1 206
3 537
-
surtax
199
199
199
-
pensions
6 329
5 048
14 795
-
payroll
1 513
1 206
3 817
-
health
1 905
1 520
4 456
-
total
14 711
11 772
34 806
-
Corporate
96 858
110 012
123 363
-
income

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

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

24 215
27 503
30 841
-
total
24 215
27 503
30 841
-
Dividends
72 643
82 509
-
-
withholding
19 977
22 691
-
-
total
19 977
22 691
-
-
Income
162 000
162 000
162 000
162 000
Total tax
73 777
72 214
119 387
78 897
After tax
88 223
89 786
42 613
83 103
Living cost
35 557
35 557
35 557
35 557
Free-cash
52 666
54 229
7 056
47 546

Estimated living cost  is ₽35557 per week

₽23715
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3033
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽584
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8225
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽53840
₽38705
₽33340
₽21121
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
162 000
national
-
-
-
58 501
communal

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

-
-
-
8 211
social contributions
-
-
-
25 154
total
-
-
-
91 866
Employee

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

72 183
-
125 474
-
communal

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

3 765
-
6 544
-
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.

3 391
-
5 898
-
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.

5 414
-
9 410
-
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.

628
-
1 092
-
national
22 192
-
44 615
-
total
35 390
-
67 559
-
Employer

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

72 183
-
125 474
-
accident

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

938
-
1 632
-
unemployment

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

1 053
-
1 833
-
surtax
8 185
-
14 228
-
pensions

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

6 396
-
11 116
-
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.

4 439
-
7 717
-
total
21 011
-
36 526
-
Corporate
68 806
162 000
-
-
surtax
276
647
-
-
income
13 761
32 400
-
-
total
14 037
33 047
-
-
Dividends
54 769
128 953
-
-
withholding

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

16 063
38 319
-
-
total
16 063
38 319
-
-
Income
162 000
162 000
162 000
162 000
Total tax
86 501
71 366
104 085
91 866
After tax
75 499
90 634
57 915
70 134
Living cost
36 794
36 794
36 794
36 794
Free-cash
38 705
53 840
21 121
33 340

Estimated living cost  is ₽36794 per week

₽23700
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3217
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽576
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9301
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽71731
₽64531
₽54647
₽50412
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
843
income
-
-
-
42 849
pensions
-
-
-
26 469
other
-
-
-
94
unemployment
-
-
-
655
total
-
-
-
70 910
Employee
50 231
-
132 182
-
other
50
-
94
-
income
10 598
-
39 385
-
pensions
2 361
-
4 397
-
unemployment
779
-
1 450
-
total
13 788
-
45 326
-
Employer
50 231
-
132 182
-
accident
994
-
1 852
-
other
400
-
749
-
unemployment
2 763
-
5 144
-
pensions
11 854
-
22 074
-
total
16 011
-
29 819
-
Corporate
95 758
162 000
-
-
income

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

14 364
24 299
-
-
total
14 364
24 299
-
-
Dividends
81 393
137 701
-
-
withholding
16 863
29 527
-
-
total
16 863
29 527
-
-
Income
162 000
162 000
162 000
162 000
Total tax
61 026
53 826
75 145
70 910
After tax
100 974
108 174
86 855
91 090
Living cost
36 443
36 443
36 443
36 443
Free-cash
64 531
71 731
50 412
54 647

Estimated living cost  is ₽36443 per week

₽26837
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2585
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.
₽6496
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽40871
₽28726
₽27020
₽33478
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
162 000
accident
-
-
-
1 365
income
-
-
-
24 844
pensions
-
-
-
24 282
health
-
-
-
11 381
surtax
-
-
-
8 031
communal
-
-
-
10 238
total
-
-
-
80 141
Employee
76 419
-
144 708
-
health
3 401
-
6 440
-
surtax
4 684
-
8 868
-
income
7 381
-
29 507
-
pensions
6 113
-
11 576
-
total
21 579
-
56 391
-
Employer
76 419
-
144 708
-
accident
687
-
1 302
-
pensions
6 113
-
11 576
-
health
2 331
-
4 414
-
total
9 131
-
17 292
-
Corporate
76 450
162 000
-
-
surtax
802
1 701
-
-
communal
5 161
10 935
-
-
income
11 467
24 299
-
-
total
17 430
36 935
-
-
Dividends
59 020
125 066
-
-
income
21 442
10 596
-
-
withholding
8 853
18 759
-
-
total
30 295
29 355
-
-
Income
162 000
162 000
162 000
162 000
Total tax
78 435
66 290
73 683
80 141
After tax
83 565
95 710
88 317
81 859
Living cost
54 839
54 839
54 839
54 839
Free-cash
28 726
40 871
33 478
27 020

Estimated living cost  is ₽54839 per week

₽41138
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3323
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽580
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9797
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽79232
₽76022
₽54201
₽47993
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
162 000
income
-
-
-
42 202
pensions
-
-
-
26 936
other
-
-
-
-
unemployment
-
-
-
230
health
-
-
-
9 562
surtax
-
-
-
6 203
total
-
-
-
85 133
Employee
33 983
-
133 829
-
other
-
-
-
-
health
867
-
3 414
-
surtax
121
-
5 207
-
income
5 697
-
36 308
-
pensions
2 267
-
8 926
-
unemployment
2 365
-
9 314
-
total
11 317
-
63 169
-
Employer
33 983
-
133 829
-
other
-
-
-
-
unemployment
1 078
-
4 242
-
pensions
4 531
-
17 840
-
health
1 545
-
6 090
-
total
7 154
-
28 172
-
Corporate
120 862
162 000
-
-
income
31 425
42 120
-
-
total
31 425
42 120
-
-
Dividends
89 437
119 880
-
-
withholding
13 416
17 982
-
-
total
13 416
17 982
-
-
Income
162 000
162 000
162 000
162 000
Total tax
63 312
60 102
91 341
85 133
After tax
98 688
101 898
70 659
76 867
Living cost
22 666
22 666
22 666
22 666
Free-cash
76 022
79 232
47 993
54 201

Estimated living cost  is ₽22666 per week

₽13684
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1971
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽527
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6486
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽57968
₽55727
₽50614
₽43333
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
162 000
municipal
-
-
-
963
regional
-
-
-
2 443
national
-
-
-
39 131
social contributions
-
-
-
41 666
total
-
-
-
84 203
Employee
55 977
-
162 000
-
social contributions
18 876
-
54 627
-
regional
754
-
2 180
-
municipal
297
-
860
-
national
8 868
-
33 817
-
total
28 795
-
91 484
-
Employer
55 977
-
162 000
-
total
-
-
-
-
Corporate
106 023
162 000
-
-
nationa
25 446
38 880
-
-
municipal
5 270
8 051
-
-
total
30 716
46 931
-
-
Dividends
75 306
115 069
-
-
withholding
19 579
29 918
-
-
total
19 579
29 918
-
-
Income
162 000
162 000
162 000
162 000
Total tax
79 090
76 849
91 484
84 203
After tax
82 910
85 151
70 516
77 797
Living cost
27 183
27 183
27 183
27 183
Free-cash
55 727
57 968
43 333
50 614

Estimated living cost  is ₽27183 per week

₽16906
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2754
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.
₽7059
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽81757
₽71133
₽59772
₽52831
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
162 000
income
-
-
-
15 803
health
-
-
-
21 870
solidarity contribution
-
-
-
-
social contributions
-
-
-
34 775
total
-
-
-
72 448
Employee
43 794
-
121 309
-
social contributions
2 847
-
7 741
-
health
5 912
-
16 377
-
solidarity contribution
-
-
-
-
income
5 255
-
14 579
-
total
14 014
-
38 697
-
Employer
43 794
-
121 309
-
social contributions
10 949
-
29 774
-
health
3 941
-
10 918
-
total
14 890
-
40 692
-
Corporate
103 316
162 000
-
-
income
19 630
30 780
-
-
total
19 630
30 780
-
-
Dividends
83 686
131 220
-
-
withholding
12 553
19 683
-
-
total
12 553
19 683
-
-
Income
162 000
162 000
162 000
162 000
Total tax
61 087
50 463
79 389
72 448
After tax
100 913
111 537
82 611
89 552
Living cost
29 780
29 780
29 780
29 780
Free-cash
71 133
81 757
52 831
59 772

Estimated living cost  is ₽29780 per week

₽22146
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1650
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽515
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5469
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽57701
₽57200
₽51108
₽10480
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
chamber of commerce
-
-
-
647
income
-
-
-
41 034
pensions
-
-
-
21 810
unemployment
-
-
-
6 189
health
-
-
-
9 018
surtax
-
-
-
-
total
-
-
-
78 698
Employee
44 111
40 215
127 379
-
other
440
402
1 180
-
health
1 706
1 557
4 561
-
income
3 930
2 966
32 469
-
pensions
4 517
4 117
12 072
-
unemployment
1 323
1 206
3 537
-
total
11 916
10 248
53 819
-
Employer
44 111
40 215
127 379
-
accident
573
523
1 532
-
other
2 095
1 909
5 969
-
chamber of commerce
176
161
509
-
unemployment
1 323
1 206
3 537
-
surtax
-
-
-
-
pensions
5 536
5 048
14 795
-
payroll
1 323
1 206
3 822
-
health
1 668
1 520
4 456
-
total
12 694
11 573
34 620
-
Corporate
105 194
110 211
123 549
-
income

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

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

26 299
27 553
30 887
-
total
26 299
27 553
30 887
-
Dividends
78 896
82 658
-
-
withholding
21 697
22 731
-
-
total
21 697
22 731
-
-
Income
162 000
162 000
162 000
162 000
Total tax
72 606
72 105
119 326
78 698
After tax
89 394
89 895
42 674
83 302
Living cost
32 194
32 194
32 194
32 194
Free-cash
57 200
57 701
10 480
51 108

Estimated living cost  is ₽32194 per week

₽19313
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3288
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽574
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9020
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽139751
₽137098
₽146231
₽115451
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
17 686
-
162 000
-
income
3 537
-
32 400
-
total
3 537
-
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%.

144 314
162 000
-
-
total
-
-
-
-
Dividends
144 314
162 000
-
-
withholding
7 216
8 100
-
-
total
7 216
8 100
-
-
Income
162 000
162 000
162 000
162 000
Total tax
10 753
8 100
32 400
1 620
After tax
151 247
153 900
129 600
160 380
Living cost
14 149
14 149
14 149
14 149
Free-cash
137 098
139 751
115 451
146 231

Estimated living cost  is ₽14149 per week

₽9574
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽594
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽474
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3505
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽84471
₽76031
₽52856
₽48565
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
36 309
pensions
-
-
-
29 585
unemployment
-
-
-
243
health
-
-
-
15 940
total
-
-
-
82 077
Employee

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

44 623
-
140 175
-
health
2 882
-
9 054
-
income
7 695
-
33 567
-
pensions
6 917
-
21 727
-
unemployment
63
-
195
-
total
17 557
-
64 543
-
Employer

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

44 623
-
140 175
-
unemployment
27
-
84
-
pensions
3 949
-
12 405
-
health
2 972
-
9 336
-
total
6 948
-
21 825
-
Corporate
110 429
162 000
-
-
income
20 981
30 780
-
-
total
20 981
30 780
-
-
Dividends
89 448
131 220
-
-
withholding
13 416
19 682
-
-
total
13 416
19 682
-
-
Income
162 000
162 000
162 000
162 000
Total tax
58 902
50 462
86 368
82 077
After tax
103 098
111 538
75 632
79 923
Living cost
27 067
27 067
27 067
27 067
Free-cash
76 031
84 471
48 565
52 856

Estimated living cost  is ₽27067 per week

₽18575
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1735
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.
₽6233
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽54996
₽6971
₽68390
₽105152
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
62 466
-
-
-
social contributions
5 122
-
730
-
income
13 779
-
-
-
total
18 901
-
730
-
Employer
62 466
-
-
-
social contributions
88 077
-
12 553
-
total
88 077
-
12 553
-
Corporate
11 456
162 000
-
-
income
2 520
35 640
-
-
total
2 520
35 640
-
-
Dividends
8 936
126 360
-
-
income
1 966
27 799
-
-
total
1 966
27 799
-
-
Income
162 000
162 000
162 000
162 000
Total tax
111 464
63 439
13 283
50 045
After tax
50 536
98 561
148 717
111 955
Living cost
43 565
43 565
43 565
43 565
Free-cash
6 971
54 996
105 152
68 390

Estimated living cost  is ₽43565 per week

₽28267
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4097
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽555
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10646
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽60492
₽59477
₽55688
₽43834
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
18 364
surtax
-
-
-
-
social contributions

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

-
-
-
56 295
total
-
-
-
74 659
Employee
46 411
-
130 908
-
social contributions
5 105
-
14 401
-
surtax
-
-
-
-
income
9 654
-
41 022
-
total
14 759
-
55 423
-
Employer
46 411
-
130 908
-
social contributions
11 023
-
31 090
-
total
11 023
-
31 090
-
Corporate
104 566
162 000
-
-
surtax
-
-
-
-
income
21 959
34 020
-
-
total
21 959
34 020
-
-
Dividends
82 607
127 980
-
-
withholding
23 129
35 835
-
-
total
23 129
35 835
-
-
Income
162 000
162 000
162 000
162 000
Total tax
70 870
69 855
86 513
74 659
After tax
91 130
92 145
75 487
87 341
Living cost
31 653
31 653
31 653
31 653
Free-cash
59 477
60 492
43 834
55 688

Estimated living cost  is ₽31653 per week

₽23683
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1867
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽529
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5575
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽32909
₽39844
₽42807
₽42048
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
24 069
pensions
-
-
-
30 389
other
-
-
-
5 021
health
-
-
-
6 358
surtax
-
-
-
-
social contributions
-
-
-
4 617
total
-
-
-
70 454
Employee
63 203
-
126 406
-
social contributions
1 800
-
3 600
-
surtax
-
-
-
-
income
5 515
-
23 665
-
pensions
7 149
-
8 361
-
total
14 464
-
35 626
-
Employer
63 203
-
126 406
-
other
2 181
-
4 748
-
social contributions
190
-
379
-
unemployment
2 560
-
5 119
-
pensions
10 385
-
14 152
-
health
4 424
-
11 189
-
total
19 740
-
35 587
-
Corporate
79 057
162 000
-
-
surtax
-
-
-
-
income
22 135
45 360
-
-
total
22 135
45 360
-
-
Dividends
56 922
116 640
-
-
surtax
-
-
-
-
social contributions
9 791
20 063
-
-
withholding
7 287
14 929
-
-
total
17 078
34 992
-
-
Income
162 000
162 000
162 000
162 000
Total tax
73 417
80 352
71 213
70 454
After tax
88 583
81 648
90 787
91 546
Living cost
48 739
48 739
48 739
48 739
Free-cash
39 844
32 909
42 048
42 807

Estimated living cost  is ₽48739 per week

₽32986
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3987
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽668
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽11097
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽115465
₽112076
₽89517
₽93822
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
6 507
social contributions
-
-
-
35 642
total
-
-
-
42 149
Employee
32 442
-
140 259
-
income
-
-
6 986
-
social contributions
2 108
-
9 117
-
total
2 108
-
16 103
-
Employer
32 442
-
140 259
-
social contributions
5 029
-
21 741
-
total
5 029
-
21 741
-
Corporate
124 529
162 000
-
-
income
12 453
16 201
-
-
total
12 453
16 201
-
-
Dividends
112 076
145 799
-
-
total
-
-
-
-
Income
162 000
162 000
162 000
162 000
Total tax
19 590
16 201
37 844
42 149
After tax
142 410
145 799
124 156
119 851
Living cost
30 334
30 334
30 334
30 334
Free-cash
112 076
115 465
93 822
89 517

Estimated living cost  is ₽30334 per week

₽19613
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2286
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽571
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7863
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽57958
-₽57958
₽47839
-₽57958
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
162 000
municipal
-
-
-
33 275
pensions
-
-
-
875
national
-
-
-
18 501
labour market
-
-
-
12 890
total
-
-
-
65 541
Employee
205 213
205 213
205 213
-
labour market
16 394
16 394
16 394
-
national
25 070
25 070
25 070
-
municipal
43 699
43 699
43 699
-
pensions
292
292
292
-
total
85 455
85 455
85 455
-
Employer
205 213
205 213
205 213
-
labour market
16 417
16 417
16 417
-
municipal
43 769
43 769
43 769
-
pensions
583
583
583
-
national
25 114
25 114
25 114
-
total
85 883
85 883
85 883
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
162 000
162 000
162 000
162 000
Total tax
171 338
171 338
171 338
65 541
After tax
-9 338
-9 338
-9 338
96 459
Living cost
48 620
48 620
48 620
48 620
Free-cash
-57 958
-57 958
-57 958
47 839

Estimated living cost  is ₽48620 per week

₽33276
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4301
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.
₽10295
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽8623
₽9787
₽89052
₽65732
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
253
income
-
-
-
44 216
pensions
-
-
-
4 174
other
-
-
-
372
health
-
-
-
2 188
total
-
-
-
51 203
Employee
34 207
-
144 975
-
health
3 917
-
16 600
-
income
4 693
-
33 243
-
pensions
3 852
-
7 654
-
total
12 462
-
57 497
-
Employer
34 207
-
144 975
-
accident
571
-
2 421
-
unemployment
838
-
3 552
-
pensions
5 562
-
11 053
-
total
6 971
-
17 026
-
Corporate
120 822
162 000
-
-
income

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

108 739
145 800
-
-
total
108 739
145 800
-
-
Dividends
12 082
16 200
-
-
withholding
2 296
3 078
-
-
total
2 296
3 078
-
-
Income
162 000
162 000
162 000
162 000
Total tax
130 468
148 878
74 523
51 203
After tax
31 532
13 122
87 477
110 797
Living cost
21 745
21 745
21 745
21 745
Free-cash
9 787
-8 623
65 732
89 052

Estimated living cost  is ₽21745 per week

₽15828
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1240
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽408
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4269
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽63749
₽65906
₽68034
₽47242
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
municipal
-
-
-
28 786
health
-
-
-
2 074
national
-
-
-
24 363
total
-
-
-
55 223
Employee
53 092
-
136 284
-
health
396
-
1 678
-
municipal
8 696
-
22 204
-
pensions
3 583
-
9 200
-
unemployment
797
-
2 045
-
national
877
-
15 172
-
total
14 349
-
50 299
-
Employer
53 092
-
136 284
-
accident
54
-
136
-
unemployment
345
-
887
-
pensions
9 211
-
23 644
-
health
408
-
1 049
-
total
10 018
-
25 716
-
Corporate
98 891
162 000
-
-
income
19 778
32 400
-
-
total
19 778
32 400
-
-
Dividends

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

59 335
97 200
-
-
national
2 526
9 613
-
-
municipal
10 680
17 495
-
-
total
13 206
27 108
-
-
Income
162 000
162 000
162 000
162 000
Total tax
57 351
59 508
76 015
55 223
After tax
104 649
102 492
85 985
106 777
Living cost
38 743
38 743
38 743
38 743
Free-cash
65 906
63 749
47 242
68 034

Estimated living cost  is ₽38743 per week

₽25307
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3727
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽617
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9094
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽94870
₽89377
₽88151
₽86686
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
162 000
income
-
-
-
30 027
health
-
-
-
4 131
social contributions
-
-
-
16 327
total
-
-
-
50 485
Employee
77 596
77 596
150 529
-
social contributions
2 934
6 440
8 686
-
health
601
1 319
2 558
-
income
8 449
7 183
29 236
-
total
11 984
14 942
40 480
-
Employer
77 596
77 596
150 529
-
social contributions
2 934
6 440
8 686
-
health
653
1 436
2 784
-
total
3 587
7 876
11 470
-
Corporate
123 065
76 527
-
-
income
15 383
9 565
-
-
total
15 383
9 565
-
-
Dividends
107 682
66 962
-
-
withholding
18 305
11 383
-
-
total
18 305
11 383
-
-
Income
162 000
162 000
162 000
162 000
Total tax
49 259
43 766
51 950
50 485
After tax
112 741
118 234
110 050
111 515
Living cost
23 364
23 364
23 364
23 364
Free-cash
89 377
94 870
86 686
88 151

Estimated living cost  is ₽23364 per week

₽14002
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2292
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽517
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6553
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽118130
₽112995
₽119526
₽99285
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
16 352
pensions
-
-
-
6 419
unemployment
-
-
-
29
health
-
-
-
3 652
total
-
-
-
26 452
Employee

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

23 163
-
152 138
-
health
1 969
-
8 139
-
income
1 584
-
13 851
-
pensions
3 474
-
14 362
-
unemployment
115
-
479
-
total
7 142
-
36 831
-
Employer

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

23 163
-
152 138
-
unemployment
115
-
479
-
pensions
1 273
-
5 266
-
health
996
-
4 117
-
total
2 384
-
9 862
-
Corporate
136 453
162 000
-
-
income
12 281
14 581
-
-
total
12 281
14 581
-
-
Dividends
124 172
147 419
-
-
withholding
11 176
13 267
-
-
total
11 176
13 267
-
-
Income
162 000
162 000
162 000
162 000
Total tax
32 983
27 848
46 693
26 452
After tax
129 017
134 152
115 307
135 548
Living cost
16 022
16 022
16 022
16 022
Free-cash
112 995
118 130
99 285
119 526

Estimated living cost  is ₽16022 per week

₽10222
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1155
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.
₽4167
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽80424
₽75967
₽63340
₽59105
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
843
income
-
-
-
42 849
pensions
-
-
-
26 469
other
-
-
-
94
unemployment
-
-
-
655
total
-
-
-
70 910
Employee
37 313
-
132 182
-
other
36
-
94
-
income
7 194
-
39 385
-
pensions
1 754
-
4 397
-
unemployment
578
-
1 450
-
total
9 562
-
45 326
-
Employer
37 313
-
132 182
-
accident
739
-
1 852
-
other
299
-
749
-
unemployment
2 053
-
5 144
-
pensions
8 805
-
22 074
-
total
11 896
-
29 819
-
Corporate
112 791
162 000
-
-
income

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

16 919
24 299
-
-
total
16 919
24 299
-
-
Dividends
95 872
137 701
-
-
withholding
19 906
29 527
-
-
total
19 906
29 527
-
-
Income
162 000
162 000
162 000
162 000
Total tax
58 283
53 826
75 145
70 910
After tax
103 717
108 174
86 855
91 090
Living cost
27 750
27 750
27 750
27 750
Free-cash
75 967
80 424
59 105
63 340

Estimated living cost  is ₽27750 per week

₽18730
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2668
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽486
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5866
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽98332
₽97878
₽100925
₽100728
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
54 851
pensions
-
-
-
2 010
health
-
-
-
1 458
total
-
-
-
58 319
Employee
4 198
-
159 738
-
health
210
-
503
-
income
812
-
54 745
-
pensions
378
-
905
-
unemployment
42
-
101
-
total
1 442
-
56 254
-
Employer
4 198
-
159 738
-
unemployment
84
-
201
-
pensions
462
-
1 106
-
health
399
-
955
-
total
945
-
2 262
-
Corporate
156 858
162 000
-
-
income
34 509
35 640
-
-
total
34 509
35 640
-
-
Dividends
122 349
126 360
-
-
withholding
24 470
25 272
-
-
total
24 470
25 272
-
-
Income
162 000
162 000
162 000
162 000
Total tax
61 366
60 912
58 516
58 319
After tax
100 634
101 088
103 484
103 681
Living cost
2 756
2 756
2 756
2 756
Free-cash
97 878
98 332
100 728
100 925

Estimated living cost  is ₽2756 per week

₽1638
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽223
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽63
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽832
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽99592
₽94627
₽80070
₽80071
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
36 284
pensions
-
-
-
19 392
unemployment
-
-
-
1 119
health
-
-
-
7 682
total
-
-
-
64 477
Employee

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

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

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

26 319
-
148 649
-
health
1 355
-
3 841
-
income
3 628
-
36 284
-
pensions
3 685
-
10 442
-
unemployment
197
-
559
-
total
8 865
-
51 126
-
Employer

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

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

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

26 319
-
148 649
-
unemployment
197
-
559
-
pensions
3 158
-
8 950
-
health
1 355
-
3 841
-
total
4 710
-
13 350
-
Corporate
130 970
162 000
-
-
income
19 646
24 300
-
-
total
19 646
24 300
-
-
Dividends
111 325
137 700
-
-
withholding
16 699
20 655
-
-
total
16 699
20 655
-
-
Income
162 000
162 000
162 000
162 000
Total tax
49 920
44 955
64 476
64 477
After tax
112 080
117 045
97 524
97 523
Living cost
17 453
17 453
17 453
17 453
Free-cash
94 627
99 592
80 071
80 070

Estimated living cost  is ₽17453 per week

₽11751
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.
₽505
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3847
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽64940
₽64577
₽60136
₽48282
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
18 364
surtax
-
-
-
-
social contributions

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

-
-
-
56 295
total
-
-
-
74 659
Employee
39 166
-
130 908
-
social contributions
4 309
-
14 401
-
surtax
-
-
-
-
income
7 653
-
41 022
-
total
11 962
-
55 423
-
Employer
39 166
-
130 908
-
social contributions
9 301
-
31 090
-
total
9 301
-
31 090
-
Corporate
113 533
162 000
-
-
surtax
-
-
-
-
income
23 842
34 020
-
-
total
23 842
34 020
-
-
Dividends
89 691
127 980
-
-
withholding
25 113
35 835
-
-
total
25 113
35 835
-
-
Income
162 000
162 000
162 000
162 000
Total tax
70 218
69 855
86 513
74 659
After tax
91 782
92 145
75 487
87 341
Living cost
27 205
27 205
27 205
27 205
Free-cash
64 577
64 940
48 282
60 136

Estimated living cost  is ₽27205 per week

₽19269
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1890
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽483
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5565
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽72709
₽65852
₽55625
₽51390
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
843
income
-
-
-
42 849
pensions
-
-
-
26 469
other
-
-
-
94
unemployment
-
-
-
655
total
-
-
-
70 910
Employee
48 736
-
132 182
-
other
48
-
94
-
income
10 179
-
39 385
-
pensions
2 290
-
4 397
-
unemployment
755
-
1 450
-
total
13 272
-
45 326
-
Employer
48 736
-
132 182
-
accident
965
-
1 852
-
other
391
-
749
-
unemployment
2 681
-
5 144
-
pensions
11 501
-
22 074
-
total
15 538
-
29 819
-
Corporate
97 726
162 000
-
-
income

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

14 659
24 299
-
-
total
14 659
24 299
-
-
Dividends
83 067
137 701
-
-
withholding
17 214
29 527
-
-
total
17 214
29 527
-
-
Income
162 000
162 000
162 000
162 000
Total tax
60 683
53 826
75 145
70 910
After tax
101 317
108 174
86 855
91 090
Living cost
35 465
35 465
35 465
35 465
Free-cash
65 852
72 709
51 390
55 625

Estimated living cost  is ₽35465 per week

₽25469
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2758
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽500
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6739
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽121139
₽114986
₽110912
₽117093
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
pensions

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

-
-
-
5 220
unemployment
-
-
-
141
health
-
-
-
4 056
total
-
-
-
33 717
Employee
23 001
-
155 080
-
health
1 058
-
1 622
-
accident

We are using the highest rate at 1.1%.

253
-
388
-
income
2 300
-
15 508
-
pensions

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

2 019
-
3 097
-
total
5 630
-
20 615
-
Employer
23 001
-
155 080
-
accident

We are using the highest rate at 1.1%.

253
-
388
-
unemployment
138
-
212
-
pensions

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

2 535
-
3 887
-
health
1 587
-
2 434
-
total
4 513
-
6 921
-
Corporate
134 486
162 000
-
-
income
13 448
16 200
-
-
total
13 448
16 200
-
-
Dividends
121 038
145 800
-
-
withholding
6 052
7 290
-
-
total
6 052
7 290
-
-
Income
162 000
162 000
162 000
162 000
Total tax
29 643
23 490
27 536
33 717
After tax
132 357
138 510
134 464
128 283
Living cost
17 371
17 371
17 371
17 371
Free-cash
114 986
121 139
117 093
110 912

Estimated living cost  is ₽17371 per week

₽11489
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽994
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽414
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4474
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽44440
₽57640
₽48645
₽65160
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
trade
-
-
-
16 515
income

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

-
-
-
48 329
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.

-
-
-
6 894
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.

-
-
-
2 658
total
-
-
-
74 396
Employee

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

50 210
-
162 000
-
health

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

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

6 894
-
6 894
-
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.

228
-
2 658
-
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.

4 129
-
48 329
-
total
11 251
-
57 881
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
111 790
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.

923
1 337
-
-
income
16 768
24 299
-
-
trade
16 042
23 248
-
-
chamber of commerce
318
391
-
-
total
34 051
49 275
-
-
Dividends
77 740
112 725
-
-
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.

1 047
1 528
-
-
withholding
19 052
27 798
-
-
total
20 099
29 326
-
-
Income
162 000
162 000
162 000
162 000
Total tax
65 401
78 601
57 881
74 396
After tax
96 599
83 399
104 119
87 604
Living cost
38 959
38 959
38 959
38 959
Free-cash
57 640
44 440
65 160
48 645

Estimated living cost  is ₽38959 per week

₽26875
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4192
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽565
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7327
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽55918
₽58143
₽29732
₽29732
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
162 000
income
-
-
-
48 120
social contributions
-
-
-
26 664
total
-
-
-
74 784
Employee
78 935
-
162 000
-
income
14 895
-
48 120
-
social contributions
6 558
-
26 664
-
total
21 453
-
74 784
-
Employer
78 935
-
162 000
-
total
-
-
-
-
Corporate
83 065
162 000
-
-
income
10 383
20 249
-
-
total
10 383
20 249
-
-
Dividends
72 682
141 751
-
-
withholding
14 537
28 349
-
-
total
14 537
28 349
-
-
Income
162 000
162 000
162 000
162 000
Total tax
46 373
48 598
74 784
74 784
After tax
115 627
113 402
87 216
87 216
Living cost
57 484
57 484
57 484
57 484
Free-cash
58 143
55 918
29 732
29 732

Estimated living cost  is ₽57484 per week

₽43733
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4684
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.
₽8518
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽63337
₽66865
₽89903
₽79514
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

We use The Residence Programme or The Global Residence Programme.

-
-
-
162 000
income
-
-
-
28 725
health

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

-
-
-
6 741
total
-
-
-
35 466
Employee
46 292
-
157 358
-
income
5 023
-
36 571
-
social contributions
4 638
-
4 642
-
total
9 661
-
41 213
-
Employer
46 292
-
157 358
-
social contributions
4 638
-
4 642
-
total
4 638
-
4 642
-
Corporate
111 070
162 000
-
-
income
38 874
56 701
-
-
total
38 874
56 701
-
-
Dividends
72 195
105 299
-
-
social contributions
5 331
5 331
-
-
total
5 331
5 331
-
-
Income
162 000
162 000
162 000
162 000
Total tax
58 504
62 032
45 855
35 466
After tax
103 496
99 968
116 145
126 534
Living cost
36 631
36 631
36 631
36 631
Free-cash
66 865
63 337
79 514
89 903

Estimated living cost  is ₽36631 per week

₽24129
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2888
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽561
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9052
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽70196
₽76190
₽71043
₽56288
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
44 561
pensions
-
-
-
8 783
total
-
-
-
53 344
Employee
51 629
-
141 668
-
health
673
-
2 117
-
income
9 402
-
34 727
-
pensions
3 941
-
10 923
-
total
14 016
-
47 767
-
Employer
51 629
-
141 668
-
pensions
5 216
-
17 640
-
health
981
-
2 692
-
total
6 197
-
20 332
-
Corporate
104 174
162 000
-
-
income

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

19 794
30 779
-
-
total
19 794
30 779
-
-
Dividends
84 380
131 221
-
-
withholding
8 190
23 412
-
-
total
8 190
23 412
-
-
Income
162 000
162 000
162 000
162 000
Total tax
48 197
54 191
68 099
53 344
After tax
113 803
107 809
93 901
108 656
Living cost
37 613
37 613
37 613
37 613
Free-cash
76 190
70 196
56 288
71 043

Estimated living cost  is ₽37613 per week

₽25802
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3459
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽471
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7879
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details

Additional information

The only visa which will gain you entry to the UK as a freelancer is Tier 1 (with an exception of EU nationals or long-term UK residence permit holders, up until Brexit). There are two Tier 1 visa pathways.

You can either apply for an Entrepreneur visa which requires an investment of at least £200000 and creating two full time jobs, or choose an Exceptional Talent visa, which has no financial requirements but is more difficult to obtain.

Source of data for Edinburgh model

Close
Warsaw , Poland
-₽10776
₽9458
₽86899
₽63579
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
253
income
-
-
-
44 216
pensions
-
-
-
4 174
other
-
-
-
372
health
-
-
-
2 188
total
-
-
-
51 203
Employee
37 593
-
144 975
-
health
4 304
-
16 600
-
income
5 157
-
33 243
-
pensions
4 233
-
7 654
-
total
13 694
-
57 497
-
Employer
37 593
-
144 975
-
accident
628
-
2 421
-
unemployment
921
-
3 552
-
pensions
6 112
-
11 053
-
total
7 661
-
17 026
-
Corporate
116 746
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.

105 071
145 800
-
-
total
105 071
145 800
-
-
Dividends
11 675
16 200
-
-
withholding
2 218
3 078
-
-
total
2 218
3 078
-
-
Income
162 000
162 000
162 000
162 000
Total tax
128 644
148 878
74 523
51 203
After tax
33 356
13 122
87 477
110 797
Living cost
23 898
23 898
23 898
23 898
Free-cash
9 458
-10 776
63 579
86 899

Estimated living cost  is ₽23898 per week

₽17539
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1393
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.
₽4485
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

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

Source of data for Warsaw model

Close
Skopje , Macedonia
₽122692
₽117970
₽77516
₽99708
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
work injury
-
-
-
807
health insurance
-
-
-
11 943
income
-
-
-
26 471
pensions
-
-
-
29 695
unemployment
-
-
-
1 937
total
-
-
-
70 853
Employee

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

21 810
-
162 000
-
work injury
109
-
403
-
income
2 181
-
26 471
-
pensions
4 013
-
14 848
-
health insurance
1 614
-
5 971
-
unemployment
262
-
968
-
total
8 179
-
48 661
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
140 190
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%.

1 402
1 620
-
-
total
1 402
1 620
-
-
Dividends
138 788
160 380
-
-
withholding
20 818
24 057
-
-
total
20 818
24 057
-
-
Income
162 000
162 000
162 000
162 000
Total tax
30 399
25 677
48 661
70 853
After tax
131 601
136 323
113 339
91 147
Living cost
13 631
13 631
13 631
13 631
Free-cash
117 970
122 692
99 708
77 516

Estimated living cost  is ₽13631 per week

₽8445
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽991
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽425
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3771
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽45129
₽40540
₽36225
₽29112
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
162 000
municipal
-
-
-
1 084
regional
-
-
-
3 693
national
-
-
-
39 131
social contributions
-
-
-
41 666
total
-
-
-
85 574
Employee
85 034
-
162 000
-
social contributions
28 673
-
54 627
-
regional
1 284
-
3 276
-
municipal
507
-
967
-
national
14 370
-
33 817
-
total
44 834
-
92 687
-
Employer
85 034
-
162 000
-
total
-
-
-
-
Corporate
76 966
162 000
-
-
nationa
18 472
38 880
-
-
municipal
3 709
7 809
-
-
total
22 181
46 689
-
-
Dividends
54 784
115 311
-
-
withholding
14 244
29 981
-
-
total
14 244
29 981
-
-
Income
162 000
162 000
162 000
162 000
Total tax
81 259
76 670
92 687
85 574
After tax
80 741
85 330
69 313
76 426
Living cost
40 201
40 201
40 201
40 201
Free-cash
40 540
45 129
29 112
36 225

Estimated living cost  is ₽40201 per week

₽28238
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2765
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.
₽8589
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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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