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
₽ 162500
per

Your estimated
City
free-cash

Dresden , Germany
₽51971
₽74136
₽55797
₽62928
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
162 500
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.

-
-
-
48 897
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.

-
-
-
2 689
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.

-
-
-
6 769
trade
-
-
-
18 339
total
-
-
-
76 694
Employee

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

37 895
-
162 500
-
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.

58
-
2 689
-
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.

1 059
-
48 897
-
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.

6 769
-
6 769
-
total
7 886
-
58 355
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
124 605
162 500
-
-
income
18 691
24 374
-
-
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.

1 028
1 341
-
-
chamber of commerce
329
384
-
-
trade
19 625
25 595
-
-
total
39 673
51 694
-
-
Dividends
84 932
110 807
-
-
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.

1 147
1 502
-
-
withholding
20 857
27 324
-
-
total
22 004
28 826
-
-
Income
162 500
162 500
162 500
162 500
Total tax
69 563
80 520
58 355
76 694
After tax
92 937
81 980
104 145
85 806
Living cost
30 009
30 009
30 009
30 009
Free-cash
62 928
51 971
74 136
55 797

Estimated living cost  is ₽30009 per week

₽18877
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3499
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽560
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7073
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽48913
₽45014
₽43738
₽48040
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
162 500
social contributions
-
-
-
1 747
municipal
-
-
-
17 661
national
-
-
-
27 367
pensions
-
-
-
19 500
total
-
-
-
66 275
Employee
81 365
-
140 480
-
municipal
10 050
-
18 290
-
pensions
3 255
-
5 619
-
national
15 573
-
28 342
-
total
28 878
-
52 251
-
Employer
81 365
-
140 480
-
pensions
6 509
-
11 238
-
social contributions
875
-
1 510
-
total
7 384
-
12 748
-
Corporate
68 381
162 500
-
-
income

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

13 676
32 500
-
-
total
13 676
32 500
-
-
Dividends
54 705
130 000
-
-
withholding
12 035
28 600
-
-
total
12 035
28 600
-
-
Income
162 500
162 500
162 500
162 500
Total tax
61 973
61 100
64 999
66 275
After tax
100 527
101 400
97 501
96 225
Living cost
52 487
52 487
52 487
52 487
Free-cash
48 040
48 913
45 014
43 738

Estimated living cost  is ₽52487 per week

₽35675
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4879
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽786
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽11148
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽109388
₽45997
₽34432
₽101261
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
162 500
income
-
-
-
28 059
surtax
-
-
-
41 437
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.

-
-
-
37 960
microenterprise
-
-
-
-
total
-
-
-
107 456
Employee
28 951
-
120 770
-
surtax
-
-
17 512
-
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.

3 185
-
12 988
-
income
5 154
-
23 661
-
total
8 339
-
54 161
-
Employer
28 951
-
120 770
-
social contributions

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

6 974
-
28 445
-
surtax
-
-
13 285
-
total
6 974
-
41 730
-
Corporate
126 576
162 500
-
-
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%.

25 314
32 500
-
-
total
25 314
32 500
-
-
Dividends

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

101 261
130 000
-
-
total
-
-
-
-
Income
162 500
162 500
162 500
162 500
Total tax
40 627
32 500
95 891
107 456
After tax
121 873
130 000
66 609
55 044
Living cost
20 612
20 612
20 612
20 612
Free-cash
101 261
109 388
45 997
34 432

Estimated living cost  is ₽20612 per week

₽13150
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1963
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽468
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5031
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽38767
₽58718
₽49044
₽32699
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
162 500
income
-
-
-
48 126
health
-
-
-
12 217
pensions
-
-
-
11 608
total
-
-
-
71 951
Employee
84 607
84 607
144 088
-
pensions
15 229
11 608
11 608
-
income

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

13 849
13 849
20 040
-
health
12 986
11 046
12 217
-
total
42 064
36 503
43 865
-
Employer
84 607
84 607
144 088
-
health
5 881
5 881
7 308
-
pensions
5 889
5 889
7 319
-
unemployment
3 046
3 046
3 785
-
total
14 816
14 816
18 412
-
Corporate
64 115
63 077
-
-
income
12 823
12 616
-
-
total
12 823
12 616
-
-
Dividends
51 292
50 461
-
-
income
10 899
10 723
-
-
withholding
7 694
7 570
-
-
total
18 593
18 293
-
-
Income
162 500
162 500
162 500
162 500
Total tax
88 296
82 228
62 277
71 951
After tax
74 204
80 272
100 223
90 549
Living cost
41 504
41 504
41 504
41 504
Free-cash
32 699
38 767
58 718
49 044

Estimated living cost  is ₽41504 per week

₽29413
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3742
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽660
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7690
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽47969
₽42772
₽43761
₽47055
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
162 500
accident
-
-
-
179
other
-
-
-
10 379
unemployment
-
-
-
89
health
-
-
-
5 574
municipal
-
-
-
40 741
national
-
-
-
11 365
pensions
-
-
-
9 656
total
-
-
-
77 983
Employee
58 073
-
134 435
-
municipal
17 317
-
40 089
-
national
-
-
10 818
-
total
17 317
-
50 907
-
Employer
58 073
-
134 435
-
health
3 571
-
5 493
-
pensions
6 278
-
9 656
-
accident
116
-
179
-
unemployment
1 533
-
2 358
-
other
6 748
-
10 379
-
total
18 246
-
28 065
-
Corporate
86 180
162 500
-
-
income
18 960
35 750
-
-
total
18 960
35 750
-
-
Dividends
67 221
126 750
-
-
withholding
20 166
38 025
-
-
total
20 166
38 025
-
-
Income
162 500
162 500
162 500
162 500
Total tax
74 689
73 775
78 972
77 983
After tax
87 811
88 725
83 528
84 517
Living cost
40 756
40 756
40 756
40 756
Free-cash
47 055
47 969
42 772
43 761

Estimated living cost  is ₽40756 per week

₽27011
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3999
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽619
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9126
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽42223
₽65224
₽46071
₽56140
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
162 500
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.

-
-
-
48 897
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.

-
-
-
2 689
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.

-
-
-
6 769
trade
-
-
-
19 153
total
-
-
-
77 508
Employee

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

50 244
-
162 500
-
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.

237
-
2 689
-
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.

4 317
-
48 897
-
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.

6 769
-
6 769
-
total
11 323
-
58 355
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
112 256
162 500
-
-
income
16 839
24 374
-
-
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.

927
1 341
-
-
chamber of commerce
310
382
-
-
trade
18 467
26 732
-
-
total
36 543
52 829
-
-
Dividends
75 714
109 671
-
-
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.

1 021
1 487
-
-
withholding
18 552
27 040
-
-
total
19 573
28 527
-
-
Income
162 500
162 500
162 500
162 500
Total tax
67 439
81 356
58 355
77 508
After tax
95 061
81 144
104 145
84 992
Living cost
38 921
38 921
38 921
38 921
Free-cash
56 140
42 223
65 224
46 071

Estimated living cost  is ₽38921 per week

₽26031
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4104
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽581
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8205
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽86451
₽78075
₽79535
₽82340
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
162 500
income
-
-
-
30 656
social contributions
-
-
-
16 030
health
-
-
-
4 144
total
-
-
-
50 830
Employee
76 185
76 185
151 174
-
social contributions
3 702
6 323
8 528
-
income
8 000
7 052
29 868
-
health
758
1 295
2 570
-
total
12 460
14 670
40 966
-
Employer
76 185
76 185
151 174
-
health
825
1 410
2 796
-
social contributions
3 702
6 323
8 528
-
total
4 527
7 733
11 324
-
Corporate
113 377
78 582
-
-
income
14 173
9 822
-
-
total
14 173
9 822
-
-
Dividends
99 205
68 760
-
-
withholding
16 865
11 689
-
-
total
16 865
11 689
-
-
Income
162 500
162 500
162 500
162 500
Total tax
48 025
43 914
52 290
50 830
After tax
114 475
118 586
110 210
111 670
Living cost
32 135
32 135
32 135
32 135
Free-cash
82 340
86 451
78 075
79 535

Estimated living cost  is ₽32135 per week

₽21968
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2510
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽540
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7118
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽73180
₽76070
₽94440
₽73558
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
162 500
income
-
-
-
19 866
unemployment
-
-
-
2 437
health
-
-
-
11 375
pensions
-
-
-
16 250
total
-
-
-
49 928
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.

26 173
10 417
135 983
-
unemployment
393
156
2 040
-
pensions
2 617
1 042
13 598
-
income
3 200
1 273
16 624
-
health
1 832
729
9 519
-
total
8 042
3 200
41 781
-
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.

26 173
10 417
135 983
-
pensions
5 104
2 031
26 517
-
total
5 104
2 031
26 517
-
Corporate
131 223
150 052
-
-
income
11 810
13 505
-
-
total
11 810
13 505
-
-
Dividends
119 413
136 547
-
-
social contributions
23 166
26 508
-
-
withholding
22 688
25 944
-
-
total
45 854
52 452
-
-
Income
162 500
162 500
162 500
162 500
Total tax
70 810
71 188
68 298
49 928
After tax
91 690
91 312
94 202
112 572
Living cost
18 132
18 132
18 132
18 132
Free-cash
73 558
73 180
76 070
94 440

Estimated living cost  is ₽18132 per week

₽12373
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1484
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽362
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3913
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽106069
₽69730
₽63170
₽99915
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
162 500
income
-
-
-
21 774
health
-
-
-
21 125
pensions
-
-
-
32 500
total
-
-
-
75 399
Employee
28 106
-
121 450
-
unemployment
449
-
1 944
-
pensions
562
-
2 429
-
income
3 164
-
23 416
-
total
4 175
-
27 789
-
Employer
28 106
-
121 450
-
health
3 653
-
15 788
-
pensions
5 622
-
24 290
-
unemployment
226
-
972
-
total
9 501
-
41 050
-
Corporate
124 893
162 500
-
-
income
24 978
32 500
-
-
total
24 978
32 500
-
-
Dividends
99 915
130 000
-
-
total
-
-
-
-
Income
162 500
162 500
162 500
162 500
Total tax
38 654
32 500
68 839
75 399
After tax
123 846
130 000
93 661
87 101
Living cost
23 931
23 931
23 931
23 931
Free-cash
99 915
106 069
69 730
63 170

Estimated living cost  is ₽23931 per week

₽16414
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1425
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.
₽5610
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽8897
₽65711
₽89077
₽9780
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
162 500
accident
-
-
-
253
income
-
-
-
44 380
other
-
-
-
372
health
-
-
-
2 187
pensions
-
-
-
4 172
total
-
-
-
51 364
Employee
34 699
-
145 460
-
pensions
3 907
-
7 650
-
income
4 760
-
33 385
-
health
3 973
-
16 655
-
total
12 640
-
57 690
-
Employer
34 699
-
145 460
-
pensions
5 642
-
11 047
-
accident
579
-
2 429
-
unemployment
850
-
3 564
-
total
7 071
-
17 040
-
Corporate
120 729
162 500
-
-
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.

108 656
146 250
-
-
total
108 656
146 250
-
-
Dividends
12 073
16 250
-
-
withholding
2 294
3 088
-
-
total
2 294
3 088
-
-
Income
162 500
162 500
162 500
162 500
Total tax
130 661
149 338
74 730
51 364
After tax
31 839
13 162
87 770
111 136
Living cost
22 059
22 059
22 059
22 059
Free-cash
9 780
-8 897
65 711
89 077

Estimated living cost  is ₽22059 per week

₽16167
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1222
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽460
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4209
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽146269
₽121894
₽152769
₽144750
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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%.

-
-
-
162 500
microenterprise

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

-
-
-
1 625
total
-
-
-
1 625
Employee
10 133
-
162 500
-
income
2 026
-
32 500
-
total
2 026
-
32 500
-
Employer
-
-
-
-
total
-
-
-
-
Corporate

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

152 367
162 500
-
-
total
-
-
-
-
Dividends
152 367
162 500
-
-
withholding
7 618
8 125
-
-
total
7 618
8 125
-
-
Income
162 500
162 500
162 500
162 500
Total tax
9 644
8 125
32 500
1 625
After tax
152 856
154 375
130 000
160 875
Living cost
8 106
8 106
8 106
8 106
Free-cash
144 750
146 269
121 894
152 769

Estimated living cost  is ₽8106 per week

₽5024
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽674
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽223
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2186
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽92988
₽65990
₽62210
₽86298
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
162 500
income
-
-
-
23 946
other
-
-
-
7 156
health
-
-
-
6 629
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.

-
-
-
36 159
total
-
-
-
73 890
Employee
35 974
-
129 793
-
unemployment
359
-
1 297
-
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.

2 518
-
9 085
-
income
6 193
-
25 205
-
health
504
-
1 816
-
total
9 574
-
37 403
-
Employer
35 974
-
129 793
-
health
504
-
1 816
-
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.

6 116
-
22 066
-
accident
288
-
1 038
-
unemployment
359
-
1 297
-
other
1 799
-
6 490
-
total
9 066
-
32 707
-
Corporate
117 460
162 500
-
-
income
24 666
34 125
-
-
total
24 666
34 125
-
-
Dividends
92 794
128 375
-
-
withholding
6 496
8 987
-
-
total
6 496
8 987
-
-
Income
162 500
162 500
162 500
162 500
Total tax
49 802
43 112
70 110
73 890
After tax
112 698
119 388
92 390
88 610
Living cost
26 400
26 400
26 400
26 400
Free-cash
86 298
92 988
65 990
62 210

Estimated living cost  is ₽26400 per week

₽18653
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1782
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.
₽5539
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽41597
₽27841
₽42615
₽42206
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
162 500
income
-
-
-
45 240
pensions
-
-
-
8 652
total
-
-
-
53 892
Employee
93 370
-
142 057
-
pensions
9 008
-
10 725
-
income
16 831
-
35 394
-
health
1 539
-
2 104
-
total
27 378
-
48 223
-
Employer
93 370
-
142 057
-
health
1 773
-
2 699
-
pensions
11 024
-
17 744
-
total
12 797
-
20 443
-
Corporate
56 332
162 500
-
-
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.

10 703
30 876
-
-
total
10 703
30 876
-
-
Dividends
45 630
131 624
-
-
withholding
3 423
24 034
-
-
total
3 423
24 034
-
-
Income
162 500
162 500
162 500
162 500
Total tax
54 301
54 910
68 666
53 892
After tax
108 199
107 590
93 834
108 608
Living cost
65 993
65 993
65 993
65 993
Free-cash
42 206
41 597
27 841
42 615

Estimated living cost  is ₽65993 per week

₽49450
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽7754
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽537
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8254
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽125947
₽122136
₽115895
₽121347
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
162 500
income
-
-
-
24 375
unemployment
-
-
-
138
health
-
-
-
3 980
pensions

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

-
-
-
5 122
total
-
-
-
33 615
Employee
17 201
-
155 710
-
accident

We are using the highest rate at 1.1%.

189
-
381
-
pensions

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

1 510
-
3 039
-
income
1 720
-
15 571
-
health
791
-
1 592
-
total
4 210
-
20 583
-
Employer
17 201
-
155 710
-
health
1 187
-
2 388
-
pensions

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

1 896
-
3 814
-
accident

We are using the highest rate at 1.1%.

189
-
381
-
unemployment
103
-
208
-
total
3 375
-
6 791
-
Corporate
141 924
162 500
-
-
income
14 192
16 250
-
-
total
14 192
16 250
-
-
Dividends
127 732
146 250
-
-
withholding
6 386
7 313
-
-
total
6 386
7 313
-
-
Income
162 500
162 500
162 500
162 500
Total tax
28 163
23 563
27 374
33 615
After tax
134 337
138 937
135 126
128 885
Living cost
12 990
12 990
12 990
12 990
Free-cash
121 347
125 947
122 136
115 895

Estimated living cost  is ₽12990 per week

₽7584
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽928
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽344
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4135
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽25333
₽45284
₽35610
₽27827
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
162 500
income
-
-
-
48 126
health
-
-
-
12 217
pensions
-
-
-
11 608
total
-
-
-
71 951
Employee
91 856
84 607
144 088
-
pensions
11 608
11 608
11 608
-
income

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

13 849
13 849
20 040
-
health
11 460
11 046
12 217
-
total
36 917
36 503
43 865
-
Employer
91 856
84 607
144 088
-
health
6 383
5 881
7 308
-
pensions
6 393
5 889
7 319
-
unemployment
3 307
3 046
3 785
-
total
16 083
14 816
18 412
-
Corporate
54 561
63 077
-
-
income
10 912
12 616
-
-
total
10 912
12 616
-
-
Dividends
43 648
50 461
-
-
income
9 275
10 723
-
-
withholding
6 547
7 570
-
-
total
15 822
18 293
-
-
Income
162 500
162 500
162 500
162 500
Total tax
79 734
82 228
62 277
71 951
After tax
82 766
80 272
100 223
90 549
Living cost
54 939
54 939
54 939
54 939
Free-cash
27 827
25 333
45 284
35 610

Estimated living cost  is ₽54939 per week

₽40527
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4907
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽630
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8876
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽87280
₽57870
₽64788
₽78503
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
162 500
income
-
-
-
15 774
social contributions
-
-
-
35 400
solidarity contribution
-
-
-
-
health
-
-
-
21 937
total
-
-
-
73 111
Employee
36 178
-
121 277
-
solidarity contribution
-
-
-
-
social contributions
2 352
-
7 880
-
income
4 341
-
14 554
-
health
4 884
-
16 372
-
total
11 577
-
38 806
-
Employer
36 178
-
121 277
-
health
3 256
-
10 915
-
social contributions
9 045
-
30 308
-
total
12 301
-
41 223
-
Corporate
114 021
162 500
-
-
income
21 664
30 875
-
-
total
21 664
30 875
-
-
Dividends
92 357
131 625
-
-
withholding
13 854
19 744
-
-
total
13 854
19 744
-
-
Income
162 500
162 500
162 500
162 500
Total tax
59 396
50 619
80 029
73 111
After tax
103 104
111 881
82 471
89 389
Living cost
24 601
24 601
24 601
24 601
Free-cash
78 503
87 280
57 870
64 788

Estimated living cost  is ₽24601 per week

₽17088
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1750
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.
₽5279
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽44893
₽29218
₽36560
₽39722
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
162 500
social contributions
-
-
-
41 794
regional
-
-
-
1 905
municipal
-
-
-
966
national
-
-
-
39 468
total
-
-
-
84 133
Employee
88 053
-
162 500
-
municipal
466
-
861
-
national
15 257
-
34 138
-
regional
831
-
1 681
-
social contributions
29 691
-
54 795
-
total
46 245
-
91 475
-
Employer
88 053
-
162 500
-
total
-
-
-
-
Corporate
74 447
162 500
-
-
municipal
2 903
6 338
-
-
nationa
17 867
39 000
-
-
total
20 770
45 338
-
-
Dividends
53 677
117 162
-
-
withholding
13 956
30 462
-
-
total
13 956
30 462
-
-
Income
162 500
162 500
162 500
162 500
Total tax
80 971
75 800
91 475
84 133
After tax
81 529
86 700
71 025
78 367
Living cost
41 807
41 807
41 807
41 807
Free-cash
39 722
44 893
29 218
36 560

Estimated living cost  is ₽41807 per week

₽29142
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2741
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽641
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9280
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽80350
₽49001
₽55195
₽77265
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
162 500
income
-
-
-
42 984
other
-
-
-
-
surtax
-
-
-
6 398
unemployment
-
-
-
226
health
-
-
-
9 388
pensions
-
-
-
26 446
total
-
-
-
85 442
Employee
32 764
-
134 666
-
other
-
-
-
-
unemployment
2 281
-
9 203
-
pensions
2 185
-
8 820
-
surtax
107
-
5 347
-
income
5 492
-
37 060
-
health
837
-
3 371
-
total
10 902
-
63 801
-
Employer
32 764
-
134 666
-
health
1 491
-
6 017
-
pensions
4 368
-
17 627
-
unemployment
1 038
-
4 191
-
other
-
-
-
-
total
6 897
-
27 835
-
Corporate
122 840
162 500
-
-
income
31 938
42 249
-
-
total
31 938
42 249
-
-
Dividends
90 901
120 251
-
-
withholding
13 635
18 038
-
-
total
13 635
18 038
-
-
Income
162 500
162 500
162 500
162 500
Total tax
63 372
60 287
91 636
85 442
After tax
99 128
102 213
70 864
77 058
Living cost
21 863
21 863
21 863
21 863
Free-cash
77 265
80 350
49 001
55 195

Estimated living cost  is ₽21863 per week

₽13368
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2017
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽504
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5973
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽62505
₽48749
₽63523
₽68904
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
162 500
income
-
-
-
45 240
pensions
-
-
-
8 652
total
-
-
-
53 892
Employee
62 574
-
142 057
-
pensions
5 311
-
10 725
-
income
11 270
-
35 394
-
health
908
-
2 104
-
total
17 489
-
48 223
-
Employer
62 574
-
142 057
-
health
1 189
-
2 699
-
pensions
6 774
-
17 744
-
total
7 963
-
20 443
-
Corporate
91 964
162 500
-
-
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.

17 472
30 876
-
-
total
17 472
30 876
-
-
Dividends
74 491
131 624
-
-
withholding
5 587
24 034
-
-
total
5 587
24 034
-
-
Income
162 500
162 500
162 500
162 500
Total tax
48 511
54 910
68 666
53 892
After tax
113 989
107 590
93 834
108 608
Living cost
45 085
45 085
45 085
45 085
Free-cash
68 904
62 505
48 749
63 523

Estimated living cost  is ₽45085 per week

₽33777
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3379
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽472
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7456
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽4046
₽46284
₽54180
₽29480
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
162 500
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.

-
-
-
3 250
regional
-
-
-
7 542
health
-
-
-
366
city
-
-
-
1 713
national
-
-
-
2 148
pensions
-
-
-
14 948
total
-
-
-
29 967
Employee
91 693
-
145 443
-
unemployment
-
-
-
-
pensions
7 703
-
12 217
-
national
434
-
1 771
-
regional
3 002
-
6 532
-
city
984
-
1 562
-
health
207
-
328
-
total
12 330
-
22 410
-
Employer
91 693
-
145 443
-
health
207
-
328
-
pensions
7 703
-
12 217
-
unemployment
-
-
-
-
other

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

1 833
-
2 908
-
total
9 743
-
15 453
-
Corporate
60 055
162 500
-
-
regional
12 702
34 370
-
-
national
5 105
13 813
-
-
total
17 807
48 183
-
-
Dividends
42 247
114 317
-
-
withholding
14 787
40 010
-
-
total
14 787
40 010
-
-
Income
162 500
162 500
162 500
162 500
Total tax
54 667
88 193
37 863
29 967
After tax
107 833
74 307
124 637
132 533
Living cost
78 353
78 353
78 353
78 353
Free-cash
29 480
-4 046
46 284
54 180

Estimated living cost  is ₽78353 per week

₽50952
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽7031
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽962
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽19407
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽34919
₽58758
₽38789
₽50987
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
162 500
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.

-
-
-
48 897
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.

-
-
-
2 689
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.

-
-
-
6 769
trade
-
-
-
19 969
total
-
-
-
78 324
Employee

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

59 543
-
162 500
-
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.

385
-
2 689
-
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.

7 002
-
48 897
-
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.

6 769
-
6 769
-
total
14 156
-
58 355
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
102 957
162 500
-
-
income
15 444
24 374
-
-
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.

850
1 341
-
-
chamber of commerce
295
380
-
-
trade
17 657
27 870
-
-
total
34 246
53 965
-
-
Dividends
68 712
108 536
-
-
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
1 472
-
-
withholding
16 801
26 757
-
-
total
17 724
28 229
-
-
Income
162 500
162 500
162 500
162 500
Total tax
66 126
82 194
58 355
78 324
After tax
96 374
80 306
104 145
84 176
Living cost
45 387
45 387
45 387
45 387
Free-cash
50 987
34 919
58 758
38 789

Estimated living cost  is ₽45387 per week

₽33149
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3631
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.
₽8019
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽48005
₽56738
₽57870
₽53854
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
162 500
income
-
-
-
24 447
other
-
-
-
5 037
surtax
-
-
-
-
social contributions
-
-
-
4 631
health
-
-
-
6 496
pensions
-
-
-
30 122
total
-
-
-
70 733
Employee
42 403
-
126 589
-
pensions
4 794
-
8 459
-
surtax
-
-
-
-
social contributions
1 209
-
3 608
-
income
2 502
-
23 887
-
total
8 505
-
35 954
-
Employer
42 403
-
126 589
-
health
2 969
-
11 308
-
pensions
6 966
-
14 303
-
unemployment
1 717
-
5 127
-
social contributions
128
-
380
-
other
1 463
-
4 793
-
total
13 243
-
35 911
-
Corporate
106 855
162 500
-
-
income
29 919
45 500
-
-
surtax
-
-
-
-
total
29 919
45 500
-
-
Dividends
76 936
117 000
-
-
surtax
-
-
-
-
social contributions
13 234
20 123
-
-
withholding
9 848
14 975
-
-
total
23 082
35 098
-
-
Income
162 500
162 500
162 500
162 500
Total tax
74 749
80 598
71 865
70 733
After tax
87 751
81 902
90 635
91 767
Living cost
33 897
33 897
33 897
33 897
Free-cash
53 854
48 005
56 738
57 870

Estimated living cost  is ₽33897 per week

₽21374
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2756
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽577
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9192
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽51363
₽60096
₽61228
₽56864
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
162 500
income
-
-
-
24 447
other
-
-
-
5 037
surtax
-
-
-
-
social contributions
-
-
-
4 631
health
-
-
-
6 496
pensions
-
-
-
30 122
total
-
-
-
70 733
Employee
37 851
-
126 589
-
pensions
4 281
-
8 459
-
surtax
-
-
-
-
social contributions
1 079
-
3 608
-
income
1 952
-
23 887
-
total
7 312
-
35 954
-
Employer
37 851
-
126 589
-
health
2 649
-
11 308
-
pensions
6 220
-
14 303
-
unemployment
1 532
-
5 127
-
social contributions
113
-
380
-
other
1 307
-
4 793
-
total
11 821
-
35 911
-
Corporate
112 829
162 500
-
-
income
31 592
45 500
-
-
surtax
-
-
-
-
total
31 592
45 500
-
-
Dividends
81 236
117 000
-
-
surtax
-
-
-
-
social contributions
13 973
20 123
-
-
withholding
10 399
14 975
-
-
total
24 372
35 098
-
-
Income
162 500
162 500
162 500
162 500
Total tax
75 097
80 598
71 865
70 733
After tax
87 403
81 902
90 635
91 767
Living cost
30 539
30 539
30 539
30 539
Free-cash
56 864
51 363
60 096
61 228

Estimated living cost  is ₽30539 per week

₽17711
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3102
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽579
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9147
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽78132
₽80350
₽83349
₽78647
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
162 500
income
-
-
-
24 374
social contributions
-
-
-
22 425
health
-
-
-
11 343
total
-
-
-
58 142
Employee
33 593
-
162 500
-
social contributions
4 636
-
22 425
-
income
5 603
-
27 373
-
health
2 345
-
11 343
-
total
12 584
-
61 141
-
Employer
33 593
-
162 500
-
total
-
-
-
-
Corporate
128 907
162 500
-
-
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%.

6 445
8 124
-
-
total
6 445
8 124
-
-
Dividends
122 462
154 376
-
-
social contributions
16 899
21 304
-
-
withholding
18 369
23 156
-
-
health
8 547
10 775
-
-
total
43 815
55 235
-
-
Income
162 500
162 500
162 500
162 500
Total tax
62 844
63 359
61 141
58 142
After tax
99 656
99 141
101 359
104 358
Living cost
21 009
21 009
21 009
21 009
Free-cash
78 647
78 132
80 350
83 349

Estimated living cost  is ₽21009 per week

₽14060
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1295
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.
₽5169
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽55112
₽7985
₽48457
₽53582
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
162 500
income
-
-
-
41 941
surtax
-
-
-
196
unemployment
-
-
-
6 077
chamber of commerce
-
-
-
651
health
-
-
-
8 854
pensions
-
-
-
21 413
total
-
-
-
79 132
Employee
49 514
39 483
128 091
-
other
494
395
1 158
-
unemployment
1 485
1 185
3 473
-
pensions
5 071
4 042
11 853
-
income
5 637
2 912
33 149
-
health
1 916
1 529
4 479
-
total
14 603
10 063
54 112
-
Employer
49 514
39 483
128 091
-
chamber of commerce
197
158
513
-
health
1 871
1 493
4 375
-
pensions
6 214
4 956
14 526
-
accident
643
513
1 504
-
unemployment
1 485
1 185
3 473
-
surtax
196
196
196
-
payroll
1 485
1 185
3 843
-
other
2 352
1 875
5 979
-
total
14 443
11 561
34 409
-
Corporate
98 543
111 457
124 331
-
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.

24 636
27 864
31 083
-
total
24 636
27 864
31 083
-
Dividends
73 907
83 593
-
-
withholding
20 325
22 989
-
-
total
20 325
22 989
-
-
Income
162 500
162 500
162 500
162 500
Total tax
74 007
72 477
119 604
79 132
After tax
88 493
90 023
42 896
83 368
Living cost
34 911
34 911
34 911
34 911
Free-cash
53 582
55 112
7 985
48 457

Estimated living cost  is ₽34911 per week

₽23284
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2978
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽573
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8075
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽54780
₽21757
₽34250
₽39921
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
162 500
communal

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

-
-
-
8 267
social contributions
-
-
-
24 701
national
-
-
-
59 157
total
-
-
-
92 125
Employee

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

70 870
-
125 861
-
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.

617
-
1 094
-
communal

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

3 696
-
6 566
-
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.

5 315
-
9 440
-
national
21 788
-
44 964
-
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.

3 330
-
5 915
-
total
34 746
-
67 979
-
Employer

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

70 870
-
125 861
-
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.

4 358
-
7 741
-
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.

6 280
-
11 151
-
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.

921
-
1 636
-
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.

1 034
-
1 837
-
surtax
8 036
-
14 274
-
total
20 629
-
36 639
-
Corporate
71 001
162 500
-
-
income
14 201
32 500
-
-
surtax
284
651
-
-
total
14 485
33 151
-
-
Dividends
56 516
129 349
-
-
withholding

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

16 594
38 444
-
-
total
16 594
38 444
-
-
Income
162 500
162 500
162 500
162 500
Total tax
86 454
71 595
104 618
92 125
After tax
76 046
90 905
57 882
70 375
Living cost
36 125
36 125
36 125
36 125
Free-cash
39 921
54 780
21 757
34 250

Estimated living cost  is ₽36125 per week

₽23269
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3159
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽566
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9132
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽72682
₽51392
₽55548
₽65669
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
162 500
accident
-
-
-
827
income
-
-
-
43 621
other
-
-
-
92
unemployment
-
-
-
643
pensions
-
-
-
25 988
total
-
-
-
71 171
Employee
49 318
-
133 224
-
other
49
-
92
-
unemployment
765
-
1 423
-
pensions
2 318
-
4 317
-
income
10 406
-
40 219
-
total
13 538
-
46 051
-
Employer
49 318
-
133 224
-
pensions
11 638
-
21 673
-
accident
976
-
1 818
-
unemployment
2 713
-
5 050
-
other
393
-
735
-
total
15 720
-
29 276
-
Corporate
97 462
162 500
-
-
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.

14 620
24 374
-
-
total
14 620
24 374
-
-
Dividends
82 842
138 126
-
-
withholding
17 172
29 663
-
-
total
17 172
29 663
-
-
Income
162 500
162 500
162 500
162 500
Total tax
61 050
54 037
75 327
71 171
After tax
101 450
108 463
87 173
91 329
Living cost
35 781
35 781
35 781
35 781
Free-cash
65 669
72 682
51 392
55 548

Estimated living cost  is ₽35781 per week

₽26349
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2538
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.
₽6378
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽41950
₽34322
₽27845
₽29855
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
162 500
communal
-
-
-
10 269
accident
-
-
-
1 371
income
-
-
-
25 342
surtax
-
-
-
8 056
health
-
-
-
11 418
pensions
-
-
-
24 357
total
-
-
-
80 813
Employee
75 030
-
145 154
-
pensions
6 001
-
11 612
-
surtax
4 599
-
8 895
-
income
7 247
-
30 022
-
health
3 339
-
6 460
-
total
21 186
-
56 989
-
Employer
75 030
-
145 154
-
health
2 288
-
4 428
-
pensions
6 001
-
11 612
-
accident
675
-
1 307
-
total
8 964
-
17 347
-
Corporate
78 506
162 500
-
-
communal
5 298
10 969
-
-
income
11 775
24 374
-
-
surtax
824
1 705
-
-
total
17 897
37 048
-
-
Dividends
60 608
125 451
-
-
income
21 665
10 841
-
-
withholding
9 091
18 819
-
-
total
30 756
29 660
-
-
Income
162 500
162 500
162 500
162 500
Total tax
78 803
66 708
74 336
80 813
After tax
83 697
95 792
88 164
81 687
Living cost
53 842
53 842
53 842
53 842
Free-cash
29 855
41 950
34 322
27 845

Estimated living cost  is ₽53842 per week

₽40390
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3262
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽570
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9619
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽79959
₽48610
₽54804
₽76809
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
162 500
income
-
-
-
42 984
other
-
-
-
-
surtax
-
-
-
6 398
unemployment
-
-
-
226
health
-
-
-
9 388
pensions
-
-
-
26 446
total
-
-
-
85 442
Employee
33 365
-
134 666
-
other
-
-
-
-
unemployment
2 322
-
9 203
-
pensions
2 226
-
8 820
-
surtax
118
-
5 347
-
income
5 593
-
37 060
-
health
852
-
3 371
-
total
11 111
-
63 801
-
Employer
33 365
-
134 666
-
health
1 517
-
6 017
-
pensions
4 448
-
17 627
-
unemployment
1 059
-
4 191
-
other
-
-
-
-
total
7 024
-
27 835
-
Corporate
122 110
162 500
-
-
income
31 748
42 249
-
-
total
31 748
42 249
-
-
Dividends
90 362
120 251
-
-
withholding
13 554
18 038
-
-
total
13 554
18 038
-
-
Income
162 500
162 500
162 500
162 500
Total tax
63 437
60 287
91 636
85 442
After tax
99 063
102 213
70 864
77 058
Living cost
22 254
22 254
22 254
22 254
Free-cash
76 809
79 959
48 610
54 804

Estimated living cost  is ₽22254 per week

₽13436
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1935
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽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.
₽6368
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽58725
₽43831
₽51132
₽56526
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
162 500
social contributions
-
-
-
41 794
regional
-
-
-
2 451
municipal
-
-
-
966
national
-
-
-
39 468
total
-
-
-
84 679
Employee
54 959
-
162 500
-
municipal
291
-
861
-
national
8 707
-
34 138
-
regional
740
-
2 186
-
social contributions
18 533
-
54 795
-
total
28 271
-
91 980
-
Employer
54 959
-
162 500
-
total
-
-
-
-
Corporate
107 541
162 500
-
-
municipal
5 345
8 077
-
-
nationa
25 809
39 000
-
-
total
31 154
47 077
-
-
Dividends
76 387
115 423
-
-
withholding
19 860
30 009
-
-
total
19 860
30 009
-
-
Income
162 500
162 500
162 500
162 500
Total tax
79 285
77 086
91 980
84 679
After tax
83 215
85 414
70 520
77 821
Living cost
26 689
26 689
26 689
26 689
Free-cash
56 526
58 725
43 831
51 132

Estimated living cost  is ₽26689 per week

₽16598
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2704
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽457
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6930
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽81566
₽52156
₽59074
₽70751
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
162 500
income
-
-
-
15 774
social contributions
-
-
-
35 400
solidarity contribution
-
-
-
-
health
-
-
-
21 937
total
-
-
-
73 111
Employee
44 581
-
121 277
-
solidarity contribution
-
-
-
-
social contributions
2 898
-
7 880
-
income
5 350
-
14 554
-
health
6 018
-
16 372
-
total
14 266
-
38 806
-
Employer
44 581
-
121 277
-
health
4 012
-
10 915
-
social contributions
11 145
-
30 308
-
total
15 157
-
41 223
-
Corporate
102 761
162 500
-
-
income
19 525
30 875
-
-
total
19 525
30 875
-
-
Dividends
83 237
131 625
-
-
withholding
12 486
19 744
-
-
total
12 486
19 744
-
-
Income
162 500
162 500
162 500
162 500
Total tax
61 434
50 619
80 029
73 111
After tax
101 066
111 881
82 471
89 389
Living cost
30 315
30 315
30 315
30 315
Free-cash
70 751
81 566
52 156
59 074

Estimated living cost  is ₽30315 per week

₽22544
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1679
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽524
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5567
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽58522
₽11348
₽51955
₽58034
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
162 500
income
-
-
-
41 941
surtax
-
-
-
-
unemployment
-
-
-
6 077
chamber of commerce
-
-
-
651
health
-
-
-
8 854
pensions
-
-
-
21 413
total
-
-
-
78 936
Employee
43 309
39 483
128 274
-
other
432
395
1 158
-
unemployment
1 299
1 185
3 473
-
pensions
4 435
4 042
11 853
-
income
3 858
2 912
33 226
-
health
1 675
1 529
4 479
-
total
11 699
10 063
54 189
-
Employer
43 309
39 483
128 274
-
chamber of commerce
173
158
513
-
health
1 638
1 493
4 375
-
pensions
5 436
4 956
14 526
-
accident
562
513
1 504
-
unemployment
1 299
1 185
3 473
-
surtax
-
-
-
-
payroll
1 299
1 185
3 849
-
other
2 057
1 875
5 986
-
total
12 464
11 365
34 226
-
Corporate
106 727
111 653
124 513
-
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.

26 681
27 913
31 128
-
total
26 681
27 913
31 128
-
Dividends
80 046
83 740
-
-
withholding
22 013
23 028
-
-
total
22 013
23 028
-
-
Income
162 500
162 500
162 500
162 500
Total tax
72 857
72 369
119 543
78 936
After tax
89 643
90 131
42 957
83 564
Living cost
31 609
31 609
31 609
31 609
Free-cash
58 034
58 522
11 348
51 955

Estimated living cost  is ₽31609 per week

₽18961
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3228
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽564
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8856
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽141743
₽117368
₽148243
₽139375
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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%.

-
-
-
162 500
microenterprise

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

-
-
-
1 625
total
-
-
-
1 625
Employee
15 791
-
162 500
-
income
3 158
-
32 500
-
total
3 158
-
32 500
-
Employer
-
-
-
-
total
-
-
-
-
Corporate

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

146 709
162 500
-
-
total
-
-
-
-
Dividends
146 709
162 500
-
-
withholding
7 335
8 125
-
-
total
7 335
8 125
-
-
Income
162 500
162 500
162 500
162 500
Total tax
10 493
8 125
32 500
1 625
After tax
152 007
154 375
130 000
160 875
Living cost
12 632
12 632
12 632
12 632
Free-cash
139 375
141 743
117 368
148 243

Estimated living cost  is ₽12632 per week

₽8548
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽530
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽424
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3130
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽85308
₽49096
₽53400
₽77019
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
162 500
income
-
-
-
36 614
unemployment
-
-
-
244
health
-
-
-
15 991
pensions
-
-
-
29 676
total
-
-
-
82 525
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.

43 812
-
140 607
-
unemployment
62
-
197
-
pensions
6 791
-
21 795
-
income
7 555
-
33 861
-
health
2 830
-
9 083
-
total
17 238
-
64 936
-
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.

43 812
-
140 607
-
health
2 918
-
9 365
-
pensions
3 877
-
12 443
-
unemployment
26
-
85
-
total
6 821
-
21 893
-
Corporate
111 867
162 500
-
-
income
21 255
30 874
-
-
total
21 255
30 874
-
-
Dividends
90 612
131 626
-
-
withholding
13 592
19 744
-
-
total
13 592
19 744
-
-
Income
162 500
162 500
162 500
162 500
Total tax
58 906
50 618
86 829
82 525
After tax
103 594
111 882
75 671
79 975
Living cost
26 574
26 574
26 574
26 574
Free-cash
77 019
85 308
49 096
53 400

Estimated living cost  is ₽26574 per week

₽18238
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1703
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.
₽6120
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽55473
₽105878
₽68908
₽7639
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
162 500
income
-
-
-
31 675
social contributions
-
-
-
18 525
total
-
-
-
50 200
Employee
62 218
-
-
-
social contributions
5 102
-
727
-
income
13 724
-
-
-
total
18 826
-
727
-
Employer
62 218
-
-
-
social contributions
87 727
-
12 503
-
total
87 727
-
12 503
-
Corporate
12 554
162 500
-
-
income
2 762
35 750
-
-
total
2 762
35 750
-
-
Dividends
9 792
126 750
-
-
income
2 154
27 885
-
-
total
2 154
27 885
-
-
Income
162 500
162 500
162 500
162 500
Total tax
111 469
63 635
13 230
50 200
After tax
51 031
98 865
149 270
112 300
Living cost
43 392
43 392
43 392
43 392
Free-cash
7 639
55 473
105 878
68 908

Estimated living cost  is ₽43392 per week

₽28154
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4081
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽553
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10603
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽61353
₽44401
₽56410
₽60354
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
162 500
income
-
-
-
18 544
surtax
-
-
-
-
social contributions

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

-
-
-
56 469
total
-
-
-
75 013
Employee
45 567
-
131 314
-
surtax
-
-
-
-
social contributions
5 013
-
14 445
-
income
9 478
-
41 391
-
total
14 491
-
55 836
-
Employer
45 567
-
131 314
-
social contributions
10 822
-
31 186
-
total
10 822
-
31 186
-
Corporate
106 110
162 500
-
-
income
22 284
34 125
-
-
surtax
-
-
-
-
total
22 284
34 125
-
-
Dividends
83 827
128 375
-
-
withholding
23 472
35 945
-
-
total
23 472
35 945
-
-
Income
162 500
162 500
162 500
162 500
Total tax
71 069
70 070
87 022
75 013
After tax
91 431
92 430
75 478
87 487
Living cost
31 077
31 077
31 077
31 077
Free-cash
60 354
61 353
44 401
56 410

Estimated living cost  is ₽31077 per week

₽23252
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1833
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽519
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5473
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽34049
₽42782
₽43914
₽40857
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
162 500
income
-
-
-
24 447
other
-
-
-
5 037
surtax
-
-
-
-
social contributions
-
-
-
4 631
health
-
-
-
6 496
pensions
-
-
-
30 122
total
-
-
-
70 733
Employee
62 053
-
126 589
-
pensions
7 019
-
8 459
-
surtax
-
-
-
-
social contributions
1 767
-
3 608
-
income
5 414
-
23 887
-
total
14 200
-
35 954
-
Employer
62 053
-
126 589
-
health
4 343
-
11 308
-
pensions
10 196
-
14 303
-
unemployment
2 514
-
5 127
-
social contributions
186
-
380
-
other
2 142
-
4 793
-
total
19 381
-
35 911
-
Corporate
81 066
162 500
-
-
income
22 699
45 500
-
-
surtax
-
-
-
-
total
22 699
45 500
-
-
Dividends
58 367
117 000
-
-
surtax
-
-
-
-
social contributions
10 038
20 123
-
-
withholding
7 472
14 975
-
-
total
17 510
35 098
-
-
Income
162 500
162 500
162 500
162 500
Total tax
73 790
80 598
71 865
70 733
After tax
88 710
81 902
90 635
91 767
Living cost
47 853
47 853
47 853
47 853
Free-cash
40 857
34 049
42 782
43 914

Estimated living cost  is ₽47853 per week

₽32386
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3914
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽656
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10896
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽116468
₽94626
₽90311
₽113140
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
162 500
income
-
-
-
6 658
social contributions
-
-
-
35 749
total
-
-
-
42 407
Employee
31 852
-
140 692
-
income
-
-
7 139
-
social contributions
2 070
-
9 145
-
total
2 070
-
16 284
-
Employer
31 852
-
140 692
-
social contributions
4 937
-
21 808
-
total
4 937
-
21 808
-
Corporate
125 711
162 500
-
-
income
12 571
16 250
-
-
total
12 571
16 250
-
-
Dividends
113 140
146 250
-
-
total
-
-
-
-
Income
162 500
162 500
162 500
162 500
Total tax
19 578
16 250
38 092
42 407
After tax
142 922
146 250
124 408
120 093
Living cost
29 782
29 782
29 782
29 782
Free-cash
113 140
116 468
94 626
90 311

Estimated living cost  is ₽29782 per week

₽19257
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2245
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽560
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7720
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽53278
-₽53278
₽48834
-₽53278
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
162 500
labour market
-
-
-
12 931
municipal
-
-
-
33 495
national
-
-
-
18 686
pensions
-
-
-
858
total
-
-
-
65 970
Employee
201 314
201 314
201 314
-
municipal
42 869
42 869
42 869
-
labour market
16 082
16 082
16 082
-
pensions
286
286
286
-
national
24 594
24 594
24 594
-
total
83 831
83 831
83 831
-
Employer
201 314
201 314
201 314
-
national
24 637
24 637
24 637
-
labour market
16 105
16 105
16 105
-
pensions
572
572
572
-
municipal
42 937
42 937
42 937
-
total
84 251
84 251
84 251
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
162 500
162 500
162 500
162 500
Total tax
168 082
168 082
168 082
65 970
After tax
-5 582
-5 582
-5 582
96 530
Living cost
47 696
47 696
47 696
47 696
Free-cash
-53 278
-53 278
-53 278
48 834

Estimated living cost  is ₽47696 per week

₽32644
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4219
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽734
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10099
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽8571
₽66037
₽89403
₽9828
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
162 500
accident
-
-
-
253
income
-
-
-
44 380
other
-
-
-
372
health
-
-
-
2 187
pensions
-
-
-
4 172
total
-
-
-
51 364
Employee
34 188
-
145 460
-
pensions
3 850
-
7 650
-
income
4 690
-
33 385
-
health
3 915
-
16 655
-
total
12 455
-
57 690
-
Employer
34 188
-
145 460
-
pensions
5 559
-
11 047
-
accident
571
-
2 429
-
unemployment
838
-
3 564
-
total
6 968
-
17 040
-
Corporate
121 344
162 500
-
-
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.

109 210
146 250
-
-
total
109 210
146 250
-
-
Dividends
12 135
16 250
-
-
withholding
2 306
3 088
-
-
total
2 306
3 088
-
-
Income
162 500
162 500
162 500
162 500
Total tax
130 939
149 338
74 730
51 364
After tax
31 561
13 162
87 770
111 136
Living cost
21 733
21 733
21 733
21 733
Free-cash
9 828
-8 571
66 037
89 403

Estimated living cost  is ₽21733 per week

₽15819
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1239
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.
₽4267
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽64535
₽47969
₽68519
₽66738
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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

-
-
-
162 500
health
-
-
-
2 089
municipal
-
-
-
28 874
national
-
-
-
24 980
total
-
-
-
55 943
Employee
52 126
-
136 702
-
municipal
8 538
-
22 272
-
unemployment
782
-
2 051
-
pensions
3 518
-
9 228
-
national
861
-
15 453
-
health
389
-
1 692
-
total
14 088
-
50 696
-
Employer
52 126
-
136 702
-
health
400
-
1 053
-
pensions
9 044
-
23 718
-
accident
53
-
137
-
unemployment
338
-
889
-
total
9 835
-
25 797
-
Corporate
100 539
162 500
-
-
income
20 108
32 500
-
-
total
20 108
32 500
-
-
Dividends

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

60 323
97 500
-
-
municipal
10 858
17 549
-
-
national
2 835
9 878
-
-
total
13 693
27 427
-
-
Income
162 500
162 500
162 500
162 500
Total tax
57 724
59 927
76 493
55 943
After tax
104 776
102 573
86 007
106 557
Living cost
38 038
38 038
38 038
38 038
Free-cash
66 738
64 535
47 969
68 519

Estimated living cost  is ₽38038 per week

₽24846
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3659
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽605
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8929
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽95647
₽87271
₽88731
₽90255
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
162 500
income
-
-
-
30 656
social contributions
-
-
-
16 030
health
-
-
-
4 144
total
-
-
-
50 830
Employee
76 185
76 185
151 174
-
social contributions
2 880
6 323
8 528
-
income
8 295
7 052
29 868
-
health
590
1 295
2 570
-
total
11 765
14 670
40 966
-
Employer
76 185
76 185
151 174
-
health
641
1 410
2 796
-
social contributions
2 880
6 323
8 528
-
total
3 521
7 733
11 324
-
Corporate
124 274
78 582
-
-
income
15 534
9 822
-
-
total
15 534
9 822
-
-
Dividends
108 740
68 760
-
-
withholding
18 486
11 689
-
-
total
18 486
11 689
-
-
Income
162 500
162 500
162 500
162 500
Total tax
49 306
43 914
52 290
50 830
After tax
113 194
118 586
110 210
111 670
Living cost
22 939
22 939
22 939
22 939
Free-cash
90 255
95 647
87 271
88 731

Estimated living cost  is ₽22939 per week

₽13748
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2251
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽508
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6434
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽118836
₽100549
₽120420
₽113794
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
162 500
income
-
-
-
16 435
unemployment
-
-
-
28
health
-
-
-
3 585
pensions
-
-
-
6 302
total
-
-
-
26 350
Employee

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

22 741
-
152 817
-
unemployment
113
-
470
-
pensions
3 411
-
14 101
-
income
1 555
-
13 977
-
health
1 933
-
7 991
-
total
7 012
-
36 539
-
Employer

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

22 741
-
152 817
-
health
978
-
4 042
-
pensions
1 250
-
5 170
-
unemployment
113
-
470
-
total
2 341
-
9 682
-
Corporate
137 418
162 500
-
-
income
12 368
14 626
-
-
total
12 368
14 626
-
-
Dividends
125 050
147 874
-
-
withholding
11 255
13 308
-
-
total
11 255
13 308
-
-
Income
162 500
162 500
162 500
162 500
Total tax
32 976
27 934
46 221
26 350
After tax
129 524
134 566
116 279
136 150
Living cost
15 730
15 730
15 730
15 730
Free-cash
113 794
118 836
100 549
120 420

Estimated living cost  is ₽15730 per week

₽10036
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1134
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽468
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4091
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽81218
₽59928
₽64084
₽76841
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
162 500
accident
-
-
-
827
income
-
-
-
43 621
other
-
-
-
92
unemployment
-
-
-
643
pensions
-
-
-
25 988
total
-
-
-
71 171
Employee
36 634
-
133 224
-
other
36
-
92
-
unemployment
568
-
1 423
-
pensions
1 722
-
4 317
-
income
7 063
-
40 219
-
total
9 389
-
46 051
-
Employer
36 634
-
133 224
-
pensions
8 645
-
21 673
-
accident
726
-
1 818
-
unemployment
2 016
-
5 050
-
other
293
-
735
-
total
11 680
-
29 276
-
Corporate
114 186
162 500
-
-
income

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

17 128
24 374
-
-
total
17 128
24 374
-
-
Dividends
97 058
138 126
-
-
withholding
20 217
29 663
-
-
total
20 217
29 663
-
-
Income
162 500
162 500
162 500
162 500
Total tax
58 414
54 037
75 327
71 171
After tax
104 086
108 463
87 173
91 329
Living cost
27 245
27 245
27 245
27 245
Free-cash
76 841
81 218
59 928
64 084

Estimated living cost  is ₽27245 per week

₽18390
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2619
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽478
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5759
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽99457
₽102403
₽102541
₽99138
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
162 500
income
-
-
-
55 572
health
-
-
-
1 027
pensions
-
-
-
1 417
total
-
-
-
58 016
Employee
2 959
-
160 906
-
unemployment
30
-
71
-
pensions
266
-
638
-
income
572
-
55 497
-
health
148
-
354
-
total
1 016
-
56 560
-
Employer
2 959
-
160 906
-
health
281
-
673
-
pensions
325
-
779
-
unemployment
59
-
142
-
total
665
-
1 594
-
Corporate
158 876
162 500
-
-
income
34 953
35 750
-
-
total
34 953
35 750
-
-
Dividends
123 923
126 750
-
-
withholding
24 785
25 350
-
-
total
24 785
25 350
-
-
Income
162 500
162 500
162 500
162 500
Total tax
61 419
61 100
58 154
58 016
After tax
101 081
101 400
104 346
104 484
Living cost
1 943
1 943
1 943
1 943
Free-cash
99 138
99 457
102 403
102 541

Estimated living cost  is ₽1943 per week

₽1154
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽157
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽44
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽586
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽100266
₽81190
₽81188
₽95390
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
162 500
income
-
-
-
36 485
unemployment
-
-
-
1 099
health
-
-
-
7 544
pensions
-
-
-
19 044
total
-
-
-
64 172
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.

25 846
-
149 389
-
unemployment
194
-
549
-
pensions
3 618
-
10 254
-
income
3 563
-
36 485
-
health
1 331
-
3 772
-
total
8 706
-
51 060
-
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.

25 846
-
149 389
-
health
1 331
-
3 772
-
pensions
3 101
-
8 789
-
unemployment
194
-
549
-
total
4 626
-
13 110
-
Corporate
132 028
162 500
-
-
income
19 804
24 375
-
-
total
19 804
24 375
-
-
Dividends
112 224
138 125
-
-
withholding
16 834
20 719
-
-
total
16 834
20 719
-
-
Income
162 500
162 500
162 500
162 500
Total tax
49 970
45 094
64 170
64 172
After tax
112 530
117 406
98 330
98 328
Living cost
17 140
17 140
17 140
17 140
Free-cash
95 390
100 266
81 190
81 188

Estimated living cost  is ₽17140 per week

₽11540
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1326
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽496
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3778
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽65720
₽48768
₽60777
₽65362
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
162 500
income
-
-
-
18 544
surtax
-
-
-
-
social contributions

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

-
-
-
56 469
total
-
-
-
75 013
Employee
38 454
-
131 314
-
surtax
-
-
-
-
social contributions
4 230
-
14 445
-
income
7 514
-
41 391
-
total
11 744
-
55 836
-
Employer
38 454
-
131 314
-
social contributions
9 132
-
31 186
-
total
9 132
-
31 186
-
Corporate
114 914
162 500
-
-
income
24 132
34 125
-
-
surtax
-
-
-
-
total
24 132
34 125
-
-
Dividends
90 782
128 375
-
-
withholding
25 420
35 945
-
-
total
25 420
35 945
-
-
Income
162 500
162 500
162 500
162 500
Total tax
70 428
70 070
87 022
75 013
After tax
92 072
92 430
75 478
87 487
Living cost
26 710
26 710
26 710
26 710
Free-cash
65 362
65 720
48 768
60 777

Estimated living cost  is ₽26710 per week

₽18918
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1856
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽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.
₽5464
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽73643
₽52353
₽56509
₽66967
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
162 500
accident
-
-
-
827
income
-
-
-
43 621
other
-
-
-
92
unemployment
-
-
-
643
pensions
-
-
-
25 988
total
-
-
-
71 171
Employee
47 849
-
133 224
-
other
47
-
92
-
unemployment
741
-
1 423
-
pensions
2 249
-
4 317
-
income
9 994
-
40 219
-
total
13 031
-
46 051
-
Employer
47 849
-
133 224
-
pensions
11 292
-
21 673
-
accident
948
-
1 818
-
unemployment
2 632
-
5 050
-
other
384
-
735
-
total
15 256
-
29 276
-
Corporate
99 395
162 500
-
-
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.

14 910
24 374
-
-
total
14 910
24 374
-
-
Dividends
84 485
138 126
-
-
withholding
17 516
29 663
-
-
total
17 516
29 663
-
-
Income
162 500
162 500
162 500
162 500
Total tax
60 713
54 037
75 327
71 171
After tax
101 787
108 463
87 173
91 329
Living cost
34 820
34 820
34 820
34 820
Free-cash
66 967
73 643
52 353
56 509

Estimated living cost  is ₽34820 per week

₽25006
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2707
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽491
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6616
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽121893
₽118082
₽111841
₽115856
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
162 500
income
-
-
-
24 375
unemployment
-
-
-
138
health
-
-
-
3 980
pensions

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

-
-
-
5 122
total
-
-
-
33 615
Employee
22 568
-
155 710
-
accident

We are using the highest rate at 1.1%.

248
-
381
-
pensions

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

1 981
-
3 039
-
income
2 257
-
15 571
-
health
1 038
-
1 592
-
total
5 524
-
20 583
-
Employer
22 568
-
155 710
-
health
1 557
-
2 388
-
pensions

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

2 487
-
3 814
-
accident

We are using the highest rate at 1.1%.

248
-
381
-
unemployment
136
-
208
-
total
4 428
-
6 791
-
Corporate
135 504
162 500
-
-
income
13 550
16 250
-
-
total
13 550
16 250
-
-
Dividends
121 954
146 250
-
-
withholding
6 098
7 313
-
-
total
6 098
7 313
-
-
Income
162 500
162 500
162 500
162 500
Total tax
29 600
23 563
27 374
33 615
After tax
132 900
138 937
135 126
128 885
Living cost
17 044
17 044
17 044
17 044
Free-cash
115 856
121 893
118 082
111 841

Estimated living cost  is ₽17044 per week

₽11273
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽976
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽407
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4389
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽45399
₽65894
₽49185
₽58360
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
162 500
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.

-
-
-
48 897
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.

-
-
-
2 689
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.

-
-
-
6 769
trade
-
-
-
16 709
total
-
-
-
75 064
Employee

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

49 297
-
162 500
-
surtax

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

224
-
2 689
-
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.

4 054
-
48 897
-
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.

6 769
-
6 769
-
total
11 047
-
58 355
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
113 203
162 500
-
-
income
16 980
24 374
-
-
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.

934
1 341
-
-
chamber of commerce
316
389
-
-
trade
16 245
23 320
-
-
total
34 475
49 424
-
-
Dividends
78 729
113 076
-
-
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.

1 062
1 534
-
-
withholding
19 305
27 892
-
-
total
20 367
29 426
-
-
Income
162 500
162 500
162 500
162 500
Total tax
65 889
78 850
58 355
75 064
After tax
96 611
83 650
104 145
87 436
Living cost
38 251
38 251
38 251
38 251
Free-cash
58 360
45 399
65 894
49 185

Estimated living cost  is ₽38251 per week

₽26386
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4116
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.
₽7193
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽57312
₽30605
₽30605
₽59498
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
162 500
income
-
-
-
48 625
social contributions
-
-
-
26 832
total
-
-
-
75 457
Employee
77 500
-
162 500
-
income
14 624
-
48 625
-
social contributions
6 439
-
26 832
-
total
21 063
-
75 457
-
Employer
77 500
-
162 500
-
total
-
-
-
-
Corporate
85 000
162 500
-
-
income
10 625
20 313
-
-
total
10 625
20 313
-
-
Dividends
74 375
142 187
-
-
withholding
14 876
28 437
-
-
total
14 876
28 437
-
-
Income
162 500
162 500
162 500
162 500
Total tax
46 564
48 750
75 457
75 457
After tax
115 936
113 750
87 043
87 043
Living cost
56 438
56 438
56 438
56 438
Free-cash
59 498
57 312
30 605
30 605

Estimated living cost  is ₽56438 per week

₽42937
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4599
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽540
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8363
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽64426
₽80308
₽92303
₽67887
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
162 500
income
-
-
-
28 202
health

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

-
-
-
6 030
total
-
-
-
34 232
Employee
45 450
-
157 942
-
income
4 932
-
37 111
-
social contributions
4 554
-
4 558
-
total
9 486
-
41 669
-
Employer
45 450
-
157 942
-
social contributions
4 554
-
4 558
-
total
4 554
-
4 558
-
Corporate
112 496
162 500
-
-
income
39 374
56 875
-
-
total
39 374
56 875
-
-
Dividends
73 122
105 625
-
-
social contributions
5 234
5 234
-
-
total
5 234
5 234
-
-
Income
162 500
162 500
162 500
162 500
Total tax
58 648
62 109
46 227
34 232
After tax
103 852
100 391
116 273
128 268
Living cost
35 965
35 965
35 965
35 965
Free-cash
67 887
64 426
80 308
92 303

Estimated living cost  is ₽35965 per week

₽23690
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2835
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.
₽8888
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽70938
₽57182
₽71956
₽76782
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
162 500
income
-
-
-
45 240
pensions
-
-
-
8 652
total
-
-
-
53 892
Employee
50 310
-
142 057
-
pensions
3 840
-
10 725
-
income
9 162
-
35 394
-
health
656
-
2 104
-
total
13 658
-
48 223
-
Employer
50 310
-
142 057
-
health
956
-
2 699
-
pensions
5 083
-
17 744
-
total
6 039
-
20 443
-
Corporate
106 150
162 500
-
-
income

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

20 169
30 876
-
-
total
20 169
30 876
-
-
Dividends
85 981
131 624
-
-
withholding
9 200
24 034
-
-
total
9 200
24 034
-
-
Income
162 500
162 500
162 500
162 500
Total tax
49 066
54 910
68 666
53 892
After tax
113 434
107 590
93 834
108 608
Living cost
36 652
36 652
36 652
36 652
Free-cash
76 782
70 938
57 182
71 956

Estimated living cost  is ₽36652 per week

₽25143
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3371
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽459
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7678
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽10723
₽63885
₽87251
₽9499
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
162 500
accident
-
-
-
253
income
-
-
-
44 380
other
-
-
-
372
health
-
-
-
2 187
pensions
-
-
-
4 172
total
-
-
-
51 364
Employee
37 572
-
145 460
-
pensions
4 231
-
7 650
-
income
5 155
-
33 385
-
health
4 302
-
16 655
-
total
13 688
-
57 690
-
Employer
37 572
-
145 460
-
pensions
6 109
-
11 047
-
accident
627
-
2 429
-
unemployment
920
-
3 564
-
total
7 656
-
17 040
-
Corporate
117 271
162 500
-
-
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.

105 544
146 250
-
-
total
105 544
146 250
-
-
Dividends
11 727
16 250
-
-
withholding
2 228
3 088
-
-
total
2 228
3 088
-
-
Income
162 500
162 500
162 500
162 500
Total tax
129 116
149 338
74 730
51 364
After tax
33 384
13 162
87 770
111 136
Living cost
23 885
23 885
23 885
23 885
Free-cash
9 499
-10 723
63 885
87 251

Estimated living cost  is ₽23885 per week

₽17529
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1392
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.
₽4483
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽123360
₽100718
₽78931
₽118724
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
162 500
income
-
-
-
26 610
unemployment
-
-
-
1 901
work injury
-
-
-
792
health insurance
-
-
-
11 726
pensions
-
-
-
29 156
total
-
-
-
70 185
Employee

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

21 414
-
162 500
-
health insurance
1 585
-
5 863
-
unemployment
257
-
951
-
work injury
107
-
396
-
pensions
3 940
-
14 578
-
income
2 141
-
26 610
-
total
8 030
-
48 398
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
141 086
162 500
-
-
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%.

1 411
1 625
-
-
total
1 411
1 625
-
-
Dividends
139 675
160 875
-
-
withholding
20 951
24 131
-
-
total
20 951
24 131
-
-
Income
162 500
162 500
162 500
162 500
Total tax
30 392
25 756
48 398
70 185
After tax
132 108
136 744
114 102
92 315
Living cost
13 384
13 384
13 384
13 384
Free-cash
118 724
123 360
100 718
78 931

Estimated living cost  is ₽13384 per week

₽8291
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽973
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽418
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3702
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽46124
₽29838
₽36972
₽41617
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
162 500
social contributions
-
-
-
41 794
regional
-
-
-
3 709
municipal
-
-
-
1 087
national
-
-
-
39 468
total
-
-
-
86 058
Employee
83 488
-
162 500
-
municipal
498
-
970
-
national
14 109
-
34 138
-
regional
1 260
-
3 289
-
social contributions
28 152
-
54 795
-
total
44 019
-
93 192
-
Employer
83 488
-
162 500
-
total
-
-
-
-
Corporate
79 012
162 500
-
-
municipal
3 809
7 833
-
-
nationa
18 963
39 000
-
-
total
22 772
46 833
-
-
Dividends
56 240
115 667
-
-
withholding
14 622
30 073
-
-
total
14 622
30 073
-
-
Income
162 500
162 500
162 500
162 500
Total tax
81 413
76 906
93 192
86 058
After tax
81 087
85 594
69 308
76 442
Living cost
39 470
39 470
39 470
39 470
Free-cash
41 617
46 124
29 838
36 972

Estimated living cost  is ₽39470 per week

₽27725
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2715
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽596
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8433
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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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