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
₽52006
₽74153
₽62949
₽55807
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
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.

-
-
-
6 761
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.

-
-
-
48 920
trade
-
-
-
18 346
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.

-
-
-
2 691
total
-
-
-
76 718
Employee

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

37 851
-
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
-
2 691
-
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.

1 057
-
48 920
-
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.

6 761
-
6 761
-
total
7 876
-
58 372
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
124 649
162 500
-
-
trade
19 633
25 593
-
-
chamber of commerce
329
383
-
-
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.

1 029
1 341
-
-
income
18 697
24 375
-
-
total
39 688
51 692
-
-
Dividends
84 961
110 808
-
-
withholding
20 865
27 325
-
-
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
-
-
total
22 012
28 827
-
-
Income
162 500
162 500
162 500
162 500
Total tax
69 576
80 519
58 372
76 718
After tax
92 924
81 981
104 128
85 782
Living cost
29 975
29 975
29 975
29 975
Free-cash
62 949
52 006
74 153
55 807

Estimated living cost  is ₽29975 per week

₽18855
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3495
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.
₽7065
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽48994
₽45090
₽48123
₽43814
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
national
-
-
-
27 370
pensions
-
-
-
19 500
municipal
-
-
-
17 663
total
-
-
-
66 280
Employee
81 239
-
140 480
-
national
15 549
-
28 345
-
municipal
10 034
-
18 292
-
pensions
3 250
-
5 619
-
total
28 833
-
52 256
-
Employer
81 239
-
140 480
-
pensions
6 499
-
11 238
-
social contributions
873
-
1 510
-
total
7 372
-
12 748
-
Corporate
68 527
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%.

13 705
32 500
-
-
total
13 705
32 500
-
-
Dividends
54 822
130 000
-
-
withholding
12 061
28 600
-
-
total
12 061
28 600
-
-
Income
162 500
162 500
162 500
162 500
Total tax
61 971
61 100
65 004
66 280
After tax
100 529
101 400
97 496
96 220
Living cost
52 406
52 406
52 406
52 406
Free-cash
48 123
48 994
45 090
43 814

Estimated living cost  is ₽52406 per week

₽35620
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4872
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽784
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽11130
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽109411
₽46048
₽101294
₽34472
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
microenterprise
-
-
-
-
social contributions

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

-
-
-
37 917
income
-
-
-
28 085
surtax
-
-
-
41 438
total
-
-
-
107 440
Employee
28 917
-
120 799
-
surtax
-
-
17 516
-
income
5 148
-
23 674
-
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.

3 181
-
12 973
-
total
8 329
-
54 163
-
Employer
28 917
-
120 799
-
surtax
-
-
13 289
-
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.

6 966
-
28 412
-
total
6 966
-
41 701
-
Corporate
126 617
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%.

25 323
32 501
-
-
total
25 323
32 501
-
-
Dividends

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

101 294
129 999
-
-
total
-
-
-
-
Income
162 500
162 500
162 500
162 500
Total tax
40 618
32 501
95 864
107 440
After tax
121 882
129 999
66 636
55 060
Living cost
20 588
20 588
20 588
20 588
Free-cash
101 294
109 411
46 048
34 472

Estimated living cost  is ₽20588 per week

₽13135
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1961
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.
₽5026
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽38820
₽58786
₽32757
₽49079
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
12 203
income
-
-
-
48 166
pensions
-
-
-
11 595
total
-
-
-
71 964
Employee
84 510
84 510
144 109
-
income

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

13 833
13 833
20 068
-
pensions
15 212
11 595
11 595
-
health
12 971
11 033
12 203
-
total
42 016
36 461
43 866
-
Employer
84 510
84 510
144 109
-
unemployment
3 042
3 042
3 780
-
pensions
5 882
5 882
7 311
-
health
5 874
5 874
7 300
-
total
14 798
14 798
18 391
-
Corporate
64 228
63 191
-
-
income
12 846
12 639
-
-
total
12 846
12 639
-
-
Dividends
51 382
50 552
-
-
withholding
7 707
7 583
-
-
income
10 919
10 742
-
-
total
18 626
18 325
-
-
Income
162 500
162 500
162 500
162 500
Total tax
88 286
82 223
62 257
71 964
After tax
74 214
80 277
100 243
90 536
Living cost
41 457
41 457
41 457
41 457
Free-cash
32 757
38 820
58 786
49 079

Estimated living cost  is ₽41457 per week

₽29380
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3737
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽659
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7681
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽47418
₽42358
₽46489
₽43360
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
5 649
national
-
-
-
10 969
pensions
-
-
-
9 786
unemployment
-
-
-
91
other
-
-
-
10 520
accident
-
-
-
181
municipal
-
-
-
40 637
total
-
-
-
77 833
Employee
58 859
-
134 055
-
national
-
-
10 415
-
municipal
17 552
-
39 975
-
total
17 552
-
50 390
-
Employer
58 859
-
134 055
-
unemployment
1 554
-
2 390
-
pensions
6 363
-
9 786
-
accident
118
-
181
-
other
6 839
-
10 520
-
health
3 620
-
5 568
-
total
18 494
-
28 445
-
Corporate
85 148
162 500
-
-
income
18 733
35 750
-
-
total
18 733
35 750
-
-
Dividends
66 415
126 750
-
-
withholding
19 925
38 025
-
-
total
19 925
38 025
-
-
Income
162 500
162 500
162 500
162 500
Total tax
74 704
73 775
78 835
77 833
After tax
87 796
88 725
83 665
84 667
Living cost
41 307
41 307
41 307
41 307
Free-cash
46 489
47 418
42 358
43 360

Estimated living cost  is ₽41307 per week

₽27377
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4053
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽627
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9250
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽42266
₽65251
₽56169
₽46088
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
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.

-
-
-
6 761
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.

-
-
-
48 920
trade
-
-
-
19 163
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.

-
-
-
2 691
total
-
-
-
77 535
Employee

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

50 186
-
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
-
2 691
-
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.

4 312
-
48 920
-
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.

6 761
-
6 761
-
total
11 310
-
58 372
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
112 314
162 500
-
-
trade
18 476
26 732
-
-
chamber of commerce
310
381
-
-
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.

926
1 341
-
-
income
16 848
24 375
-
-
total
36 560
52 829
-
-
Dividends
75 755
109 672
-
-
withholding
18 562
27 041
-
-
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.

1 022
1 487
-
-
total
19 584
28 528
-
-
Income
162 500
162 500
162 500
162 500
Total tax
67 454
81 357
58 372
77 535
After tax
95 046
81 143
104 128
84 965
Living cost
38 877
38 877
38 877
38 877
Free-cash
56 169
42 266
65 251
46 088

Estimated living cost  is ₽38877 per week

₽26001
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4100
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽580
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8196
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽86483
₽78100
₽82380
₽79561
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
4 143
social contributions
-
-
-
16 012
income
-
-
-
30 685
total
-
-
-
50 840
Employee
76 098
76 098
151 185
-
income
7 991
7 044
29 896
-
social contributions
3 698
6 316
8 519
-
health
757
1 294
2 571
-
total
12 446
14 654
40 986
-
Employer
76 098
76 098
151 185
-
social contributions
3 698
6 316
8 519
-
health
824
1 409
2 796
-
total
4 522
7 725
11 315
-
Corporate
113 434
78 678
-
-
income
14 179
9 835
-
-
total
14 179
9 835
-
-
Dividends
99 255
68 843
-
-
withholding
16 874
11 704
-
-
total
16 874
11 704
-
-
Income
162 500
162 500
162 500
162 500
Total tax
48 021
43 918
52 301
50 840
After tax
114 479
118 582
110 199
111 660
Living cost
32 099
32 099
32 099
32 099
Free-cash
82 380
86 483
78 100
79 561

Estimated living cost  is ₽32099 per week

₽21943
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2507
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽539
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7110
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽73293
₽76186
₽73669
₽94556
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
11 375
income
-
-
-
19 866
pensions
-
-
-
16 250
unemployment
-
-
-
2 437
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.

26 007
10 350
135 983
-
unemployment
390
155
2 040
-
income
3 179
1 265
16 624
-
pensions
2 601
1 035
13 598
-
health
1 820
725
9 519
-
total
7 990
3 180
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.

26 007
10 350
135 983
-
pensions
5 071
2 018
26 517
-
total
5 071
2 018
26 517
-
Corporate
131 422
150 131
-
-
income
11 828
13 512
-
-
total
11 828
13 512
-
-
Dividends
119 594
136 619
-
-
withholding
22 723
25 958
-
-
social contributions
23 203
26 523
-
-
total
45 926
52 481
-
-
Income
162 500
162 500
162 500
162 500
Total tax
70 815
71 191
68 298
49 928
After tax
91 685
91 309
94 202
112 572
Living cost
18 016
18 016
18 016
18 016
Free-cash
73 669
73 293
76 186
94 556

Estimated living cost  is ₽18016 per week

₽12295
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1474
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽360
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3888
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽106096
₽69761
₽99949
₽63197
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
21 126
income
-
-
-
21 775
pensions
-
-
-
32 499
total
-
-
-
75 400
Employee
28 074
-
121 451
-
unemployment
449
-
1 944
-
income
3 161
-
23 415
-
pensions
562
-
2 428
-
total
4 172
-
27 787
-
Employer
28 074
-
121 451
-
unemployment
225
-
971
-
pensions
5 615
-
24 290
-
health
3 649
-
15 788
-
total
9 489
-
41 049
-
Corporate
124 936
162 500
-
-
income
24 987
32 501
-
-
total
24 987
32 501
-
-
Dividends
99 949
129 999
-
-
total
-
-
-
-
Income
162 500
162 500
162 500
162 500
Total tax
38 648
32 501
68 836
75 400
After tax
123 852
129 999
93 664
87 100
Living cost
23 903
23 903
23 903
23 903
Free-cash
99 949
106 096
69 761
63 197

Estimated living cost  is ₽23903 per week

₽16395
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1424
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.
₽5604
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽8741
₽65910
₽9804
₽89229
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
2 171
income
-
-
-
44 433
pensions
-
-
-
4 143
other
-
-
-
369
accident
-
-
-
251
total
-
-
-
51 367
Employee
34 456
-
145 535
-
income
4 727
-
33 461
-
pensions
3 880
-
7 596
-
health
3 945
-
16 664
-
total
12 552
-
57 721
-
Employer
34 456
-
145 535
-
unemployment
844
-
3 566
-
pensions
5 603
-
10 969
-
accident
575
-
2 430
-
total
7 022
-
16 965
-
Corporate
121 022
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.

108 919
146 250
-
-
total
108 919
146 250
-
-
Dividends
12 102
16 250
-
-
withholding
2 299
3 087
-
-
total
2 299
3 087
-
-
Income
162 500
162 500
162 500
162 500
Total tax
130 792
149 337
74 686
51 367
After tax
31 708
13 163
87 814
111 133
Living cost
21 904
21 904
21 904
21 904
Free-cash
9 804
-8 741
65 910
89 229

Estimated living cost  is ₽21904 per week

₽16054
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1214
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.
₽4180
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽146168
₽121793
₽144630
₽152668
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
10 258
-
162 500
-
income
2 051
-
32 500
-
total
2 051
-
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%.

152 242
162 500
-
-
total
-
-
-
-
Dividends
152 242
162 500
-
-
withholding
7 612
8 125
-
-
total
7 612
8 125
-
-
Income
162 500
162 500
162 500
162 500
Total tax
9 663
8 125
32 500
1 625
After tax
152 837
154 375
130 000
160 875
Living cost
8 207
8 207
8 207
8 207
Free-cash
144 630
146 168
121 793
152 668

Estimated living cost  is ₽8207 per week

₽5086
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽682
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽226
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2213
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽93019
₽66010
₽86337
₽62277
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
6 622
income
-
-
-
23 965
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.

-
-
-
36 118
other
-
-
-
7 148
total
-
-
-
73 853
Employee
35 932
-
129 791
-
unemployment
359
-
1 298
-
income
6 186
-
25 210
-
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.

2 515
-
9 084
-
health
503
-
1 818
-
total
9 563
-
37 410
-
Employer
35 932
-
129 791
-
unemployment
359
-
1 298
-
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.

6 109
-
22 065
-
accident
287
-
1 039
-
other
1 797
-
6 490
-
health
503
-
1 818
-
total
9 055
-
32 710
-
Corporate
117 512
162 500
-
-
income
24 677
34 125
-
-
total
24 677
34 125
-
-
Dividends
92 835
128 375
-
-
withholding
6 498
8 986
-
-
total
6 498
8 986
-
-
Income
162 500
162 500
162 500
162 500
Total tax
49 793
43 111
70 120
73 853
After tax
112 707
119 389
92 380
88 647
Living cost
26 370
26 370
26 370
26 370
Free-cash
86 337
93 019
66 010
62 277

Estimated living cost  is ₽26370 per week

₽18632
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1780
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽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.
₽5533
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽41578
₽27821
₽42173
₽42591
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
45 234
pensions
-
-
-
8 654
total
-
-
-
53 888
Employee
93 410
-
142 057
-
income
16 838
-
35 385
-
pensions
9 012
-
10 727
-
health
1 539
-
2 105
-
total
27 389
-
48 217
-
Employer
93 410
-
142 057
-
pensions
11 029
-
17 743
-
health
1 774
-
2 698
-
total
12 803
-
20 441
-
Corporate
56 287
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.

10 694
30 874
-
-
total
10 694
30 874
-
-
Dividends
45 593
131 626
-
-
withholding
3 420
24 027
-
-
total
3 420
24 027
-
-
Income
162 500
162 500
162 500
162 500
Total tax
54 306
54 901
68 658
53 888
After tax
108 194
107 599
93 842
108 612
Living cost
66 021
66 021
66 021
66 021
Free-cash
42 173
41 578
27 821
42 591

Estimated living cost  is ₽66021 per week

₽49471
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽7757
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.
₽8257
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details

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
₽125991
₽122221
₽121404
₽115971
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
3 966
income
-
-
-
24 375
pensions

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

-
-
-
5 104
unemployment
-
-
-
138
total
-
-
-
33 583
Employee
17 142
-
155 733
-
income
1 714
-
15 574
-
accident

We are using the highest rate at 1.1%.

189
-
379
-
pensions

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

1 505
-
3 028
-
health
788
-
1 586
-
total
4 196
-
20 567
-
Employer
17 142
-
155 733
-
unemployment
103
-
207
-
pensions

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

1 889
-
3 800
-
accident

We are using the highest rate at 1.1%.

189
-
379
-
health
1 183
-
2 380
-
total
3 364
-
6 766
-
Corporate
141 995
162 500
-
-
income
14 200
16 250
-
-
total
14 200
16 250
-
-
Dividends
127 795
146 250
-
-
withholding
6 390
7 313
-
-
total
6 390
7 313
-
-
Income
162 500
162 500
162 500
162 500
Total tax
28 150
23 563
27 333
33 583
After tax
134 350
138 937
135 167
128 917
Living cost
12 946
12 946
12 946
12 946
Free-cash
121 404
125 991
122 221
115 971

Estimated living cost  is ₽12946 per week

₽7558
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽924
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽343
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4120
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽25401
₽45367
₽27890
₽35660
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
12 203
income
-
-
-
48 166
pensions
-
-
-
11 595
total
-
-
-
71 964
Employee
91 751
84 510
144 109
-
income

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

13 833
13 833
20 068
-
pensions
11 595
11 595
11 595
-
health
11 446
11 033
12 203
-
total
36 874
36 461
43 866
-
Employer
91 751
84 510
144 109
-
unemployment
3 303
3 042
3 780
-
pensions
6 385
5 882
7 311
-
health
6 376
5 874
7 300
-
total
16 064
14 798
18 391
-
Corporate
54 685
63 191
-
-
income
10 938
12 639
-
-
total
10 938
12 639
-
-
Dividends
43 747
50 552
-
-
withholding
6 562
7 583
-
-
income
9 296
10 742
-
-
total
15 858
18 325
-
-
Income
162 500
162 500
162 500
162 500
Total tax
79 734
82 223
62 257
71 964
After tax
82 766
80 277
100 243
90 536
Living cost
54 876
54 876
54 876
54 876
Free-cash
27 890
25 401
45 367
35 660

Estimated living cost  is ₽54876 per week

₽40480
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4902
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽629
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8866
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽87464
₽58256
₽78753
₽65196
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
21 938
social contributions
-
-
-
35 135
income
-
-
-
15 814
solidarity contribution
-
-
-
-
total
-
-
-
72 887
Employee
35 907
-
121 485
-
income
4 309
-
14 590
-
solidarity contribution
-
-
-
-
social contributions
2 334
-
7 821
-
health
4 847
-
16 401
-
total
11 490
-
38 812
-
Employer
35 907
-
121 485
-
social contributions
8 977
-
30 081
-
health
3 232
-
10 934
-
total
12 209
-
41 015
-
Corporate
114 385
162 500
-
-
income
21 733
30 875
-
-
total
21 733
30 875
-
-
Dividends
92 652
131 625
-
-
withholding
13 898
19 744
-
-
total
13 898
19 744
-
-
Income
162 500
162 500
162 500
162 500
Total tax
59 330
50 619
79 827
72 887
After tax
103 170
111 881
82 673
89 613
Living cost
24 417
24 417
24 417
24 417
Free-cash
78 753
87 464
58 256
65 196

Estimated living cost  is ₽24417 per week

₽16960
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1737
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽480
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5239
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽44941
₽29253
₽39775
₽36597
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
41 795
national
-
-
-
39 479
regional
-
-
-
1 905
municipal
-
-
-
965
total
-
-
-
84 144
Employee
87 952
-
162 500
-
regional
830
-
1 681
-
national
15 240
-
34 150
-
municipal
466
-
862
-
social contributions
29 657
-
54 795
-
total
46 193
-
91 488
-
Employer
87 952
-
162 500
-
total
-
-
-
-
Corporate
74 548
162 500
-
-
nationa
17 892
39 001
-
-
municipal
2 907
6 338
-
-
total
20 799
45 339
-
-
Dividends
53 749
117 161
-
-
withholding
13 974
30 461
-
-
total
13 974
30 461
-
-
Income
162 500
162 500
162 500
162 500
Total tax
80 966
75 800
91 488
84 144
After tax
81 534
86 700
71 012
78 356
Living cost
41 759
41 759
41 759
41 759
Free-cash
39 775
44 941
29 253
36 597

Estimated living cost  is ₽41759 per week

₽29109
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2738
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽640
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9270
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽80375
₽49034
₽77293
₽55217
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
9 377
income
-
-
-
43 019
pensions
-
-
-
26 416
unemployment
-
-
-
225
other
-
-
-
-
surtax
-
-
-
6 408
total
-
-
-
85 445
Employee
32 726
-
134 698
-
surtax
107
-
5 356
-
unemployment
2 278
-
9 193
-
income
5 486
-
37 100
-
pensions
2 182
-
8 810
-
health
836
-
3 367
-
other
-
-
-
-
total
10 889
-
63 826
-
Employer
32 726
-
134 698
-
unemployment
1 037
-
4 186
-
pensions
4 363
-
17 606
-
other
-
-
-
-
health
1 489
-
6 010
-
total
6 889
-
27 802
-
Corporate
122 885
162 500
-
-
income
31 951
42 249
-
-
total
31 951
42 249
-
-
Dividends
90 935
120 251
-
-
withholding
13 640
18 038
-
-
total
13 640
18 038
-
-
Income
162 500
162 500
162 500
162 500
Total tax
63 369
60 287
91 628
85 445
After tax
99 131
102 213
70 872
77 055
Living cost
21 838
21 838
21 838
21 838
Free-cash
77 293
80 375
49 034
55 217

Estimated living cost  is ₽21838 per week

₽13353
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2015
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽503
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5966
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽62495
₽48738
₽68882
₽63508
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
45 234
pensions
-
-
-
8 654
total
-
-
-
53 888
Employee
62 601
-
142 057
-
income
11 275
-
35 385
-
pensions
5 313
-
10 727
-
health
909
-
2 105
-
total
17 497
-
48 217
-
Employer
62 601
-
142 057
-
pensions
6 777
-
17 743
-
health
1 189
-
2 698
-
total
7 966
-
20 441
-
Corporate
91 933
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.

17 466
30 874
-
-
total
17 466
30 874
-
-
Dividends
74 467
131 626
-
-
withholding
5 585
24 027
-
-
total
5 585
24 027
-
-
Income
162 500
162 500
162 500
162 500
Total tax
48 514
54 901
68 658
53 888
After tax
113 986
107 599
93 842
108 612
Living cost
45 104
45 104
45 104
45 104
Free-cash
68 882
62 495
48 738
63 508

Estimated living cost  is ₽45104 per week

₽33792
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3381
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.
₽7459
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details

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
-₽5930
₽44547
₽28401
₽52442
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
365
national
-
-
-
2 096
pensions
-
-
-
14 951
regional
-
-
-
7 448
city
-
-
-
1 712
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
total
-
-
-
29 822
Employee
93 897
-
145 447
-
regional
3 075
-
6 436
-
national
444
-
1 721
-
unemployment
-
-
-
-
pensions
7 889
-
12 216
-
health
212
-
328
-
city
1 008
-
1 562
-
total
12 628
-
22 263
-
Employer
93 897
-
145 447
-
unemployment
-
-
-
-
pensions
7 889
-
12 216
-
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.

1 877
-
2 910
-
health
212
-
328
-
total
9 978
-
15 454
-
Corporate
57 592
162 500
-
-
national
4 896
13 813
-
-
regional
12 181
34 369
-
-
total
17 077
48 182
-
-
Dividends
40 515
114 317
-
-
withholding
14 180
40 012
-
-
total
14 180
40 012
-
-
Income
162 500
162 500
162 500
162 500
Total tax
53 863
88 194
37 717
29 822
After tax
108 637
74 306
124 783
132 678
Living cost
80 236
80 236
80 236
80 236
Free-cash
28 401
-5 930
44 547
52 442

Estimated living cost  is ₽80236 per week

₽52176
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽7200
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽985
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽19874
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽34970
₽58793
₽51019
₽38815
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
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.

-
-
-
6 761
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.

-
-
-
48 920
trade
-
-
-
19 978
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.

-
-
-
2 691
total
-
-
-
78 350
Employee

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

59 475
-
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
-
2 691
-
income

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

6 994
-
48 920
-
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.

6 761
-
6 761
-
total
14 140
-
58 372
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
103 025
162 500
-
-
trade
17 668
27 870
-
-
chamber of commerce
295
379
-
-
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.

851
1 341
-
-
income
15 454
24 375
-
-
total
34 268
53 965
-
-
Dividends
68 757
108 536
-
-
withholding
16 814
26 758
-
-
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.

924
1 472
-
-
total
17 738
28 230
-
-
Income
162 500
162 500
162 500
162 500
Total tax
66 146
82 195
58 372
78 350
After tax
96 354
80 305
104 128
84 150
Living cost
45 335
45 335
45 335
45 335
Free-cash
51 019
34 970
58 793
38 815

Estimated living cost  is ₽45335 per week

₽33111
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3626
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.
₽8010
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽48044
₽56759
₽53887
₽57907
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
6 502
social contributions
-
-
-
4 629
income
-
-
-
24 464
pensions
-
-
-
30 103
other
-
-
-
5 037
surtax
-
-
-
-
total
-
-
-
70 735
Employee
42 355
-
126 578
-
surtax
-
-
-
-
income
2 500
-
23 893
-
social contributions
1 208
-
3 606
-
pensions
4 789
-
8 464
-
total
8 497
-
35 963
-
Employer
42 355
-
126 578
-
unemployment
1 715
-
5 127
-
pensions
6 958
-
14 309
-
social contributions
128
-
379
-
other
1 461
-
4 793
-
health
2 965
-
11 312
-
total
13 227
-
35 920
-
Corporate
106 919
162 500
-
-
surtax
-
-
-
-
income
29 937
45 500
-
-
total
29 937
45 500
-
-
Dividends
76 981
117 000
-
-
withholding
9 854
14 975
-
-
surtax
-
-
-
-
social contributions
13 240
20 123
-
-
total
23 094
35 098
-
-
Income
162 500
162 500
162 500
162 500
Total tax
74 755
80 598
71 883
70 735
After tax
87 745
81 902
90 617
91 765
Living cost
33 858
33 858
33 858
33 858
Free-cash
53 887
48 044
56 759
57 907

Estimated living cost  is ₽33858 per week

₽21349
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2753
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.
₽9182
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽51398
₽60113
₽56893
₽61261
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
6 502
social contributions
-
-
-
4 629
income
-
-
-
24 464
pensions
-
-
-
30 103
other
-
-
-
5 037
surtax
-
-
-
-
total
-
-
-
70 735
Employee
37 807
-
126 578
-
surtax
-
-
-
-
income
1 949
-
23 893
-
social contributions
1 078
-
3 606
-
pensions
4 276
-
8 464
-
total
7 303
-
35 963
-
Employer
37 807
-
126 578
-
unemployment
1 531
-
5 127
-
pensions
6 212
-
14 309
-
social contributions
113
-
379
-
other
1 305
-
4 793
-
health
2 646
-
11 312
-
total
11 807
-
35 920
-
Corporate
112 886
162 500
-
-
surtax
-
-
-
-
income
31 609
45 500
-
-
total
31 609
45 500
-
-
Dividends
81 277
117 000
-
-
withholding
10 404
14 975
-
-
surtax
-
-
-
-
social contributions
13 980
20 123
-
-
total
24 384
35 098
-
-
Income
162 500
162 500
162 500
162 500
Total tax
75 103
80 598
71 883
70 735
After tax
87 397
81 902
90 617
91 765
Living cost
30 504
30 504
30 504
30 504
Free-cash
56 893
51 398
60 113
61 261

Estimated living cost  is ₽30504 per week

₽17691
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3099
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽578
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9136
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽78155
₽80368
₽78670
₽83372
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
11 343
social contributions
-
-
-
22 425
income
-
-
-
24 375
total
-
-
-
58 143
Employee
33 554
-
162 500
-
income
5 596
-
27 379
-
social contributions
4 631
-
22 425
-
health
2 342
-
11 343
-
total
12 569
-
61 147
-
Employer
33 554
-
162 500
-
total
-
-
-
-
Corporate
128 946
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%.

6 447
8 124
-
-
total
6 447
8 124
-
-
Dividends
122 499
154 376
-
-
withholding
18 374
23 156
-
-
social contributions
16 904
21 304
-
-
health
8 551
10 776
-
-
total
43 829
55 236
-
-
Income
162 500
162 500
162 500
162 500
Total tax
62 845
63 360
61 147
58 143
After tax
99 655
99 140
101 353
104 357
Living cost
20 985
20 985
20 985
20 985
Free-cash
78 670
78 155
80 368
83 372

Estimated living cost  is ₽20985 per week

₽14044
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1294
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.
₽5163
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽55154
₽8035
₽53622
₽48498
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
8 844
chamber of commerce
-
-
-
650
income
-
-
-
41 983
pensions
-
-
-
21 389
unemployment
-
-
-
6 070
surtax
-
-
-
195
total
-
-
-
79 131
Employee
49 457
39 438
128 117
-
unemployment
1 484
1 183
3 469
-
income
5 630
2 909
33 184
-
pensions
5 065
4 038
11 839
-
health
1 914
1 527
4 473
-
other
494
394
1 157
-
total
14 587
10 051
54 122
-
Employer
49 457
39 438
128 117
-
chamber of commerce
197
158
513
-
surtax
195
195
195
-
payroll
1 484
1 183
3 844
-
unemployment
1 484
1 183
3 469
-
pensions
6 207
4 950
14 509
-
accident
642
513
1 502
-
other
2 349
1 872
5 980
-
health
1 869
1 491
4 370
-
total
14 427
11 545
34 382
-
Corporate
98 616
111 516
124 361
-
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.

24 654
27 879
31 090
-
total
24 654
27 879
31 090
-
Dividends
73 962
83 637
-
-
withholding
20 339
23 000
-
-
total
20 339
23 000
-
-
Income
162 500
162 500
162 500
162 500
Total tax
74 007
72 475
119 594
79 131
After tax
88 493
90 025
42 906
83 369
Living cost
34 871
34 871
34 871
34 871
Free-cash
53 622
55 154
8 035
48 498

Estimated living cost  is ₽34871 per week

₽23257
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2975
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.
₽8066
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽54821
₽21786
₽39981
₽34292
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
8 269
social contributions
-
-
-
24 673
national
-
-
-
59 183
total
-
-
-
92 125
Employee

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

70 789
-
125 862
-
national
21 763
-
44 976
-
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.

616
-
1 095
-
communal

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

3 692
-
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.

5 309
-
9 439
-
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.

3 326
-
5 916
-
total
34 706
-
67 992
-
Employer

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

70 789
-
125 862
-
surtax
8 027
-
14 273
-
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.

1 033
-
1 837
-
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.

6 273
-
11 152
-
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.

920
-
1 636
-
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.

4 353
-
7 741
-
total
20 606
-
36 639
-
Corporate
71 106
162 500
-
-
surtax
284
650
-
-
income
14 220
32 501
-
-
total
14 504
33 151
-
-
Dividends
56 602
129 349
-
-
withholding

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

16 620
38 445
-
-
total
16 620
38 445
-
-
Income
162 500
162 500
162 500
162 500
Total tax
86 436
71 596
104 631
92 125
After tax
76 064
90 904
57 869
70 375
Living cost
36 083
36 083
36 083
36 083
Free-cash
39 981
54 821
21 786
34 292

Estimated living cost  is ₽36083 per week

₽23242
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3155
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽565
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9121
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽72720
₽51434
₽65718
₽55587
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
43 655
pensions
-
-
-
25 958
unemployment
-
-
-
642
other
-
-
-
92
accident
-
-
-
826
total
-
-
-
71 173
Employee
49 261
-
133 258
-
unemployment
764
-
1 422
-
income
10 394
-
40 258
-
pensions
2 316
-
4 312
-
other
49
-
92
-
total
13 523
-
46 084
-
Employer
49 261
-
133 258
-
unemployment
2 710
-
5 044
-
pensions
11 625
-
21 648
-
accident
975
-
1 816
-
other
393
-
734
-
total
15 703
-
29 242
-
Corporate
97 537
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.

14 630
24 375
-
-
total
14 630
24 375
-
-
Dividends
82 907
138 125
-
-
withholding
17 186
29 665
-
-
total
17 186
29 665
-
-
Income
162 500
162 500
162 500
162 500
Total tax
61 042
54 040
75 326
71 173
After tax
101 458
108 460
87 174
91 327
Living cost
35 740
35 740
35 740
35 740
Free-cash
65 718
72 720
51 434
55 587

Estimated living cost  is ₽35740 per week

₽26318
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2535
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.
₽6370
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽41998
₽34365
₽29908
₽27883
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
11 416
communal
-
-
-
10 271
income
-
-
-
25 366
pensions
-
-
-
24 356
surtax
-
-
-
8 057
accident
-
-
-
1 371
total
-
-
-
80 837
Employee
74 944
-
145 155
-
surtax
4 594
-
8 896
-
income
7 239
-
30 044
-
pensions
5 995
-
11 612
-
health
3 335
-
6 458
-
total
21 163
-
57 010
-
Employer
74 944
-
145 155
-
pensions
5 995
-
11 612
-
accident
674
-
1 307
-
health
2 286
-
4 426
-
total
8 955
-
17 345
-
Corporate
78 602
162 500
-
-
surtax
824
1 707
-
-
income
11 790
24 375
-
-
communal
5 305
10 969
-
-
total
17 919
37 051
-
-
Dividends
60 682
125 449
-
-
withholding
9 103
18 818
-
-
income
21 672
10 853
-
-
total
30 775
29 671
-
-
Income
162 500
162 500
162 500
162 500
Total tax
78 812
66 722
74 355
80 837
After tax
83 688
95 778
88 145
81 663
Living cost
53 780
53 780
53 780
53 780
Free-cash
29 908
41 998
34 365
27 883

Estimated living cost  is ₽53780 per week

₽40343
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3258
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽569
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9608
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽79985
₽48644
₽76837
₽54827
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
9 377
income
-
-
-
43 019
pensions
-
-
-
26 416
unemployment
-
-
-
225
other
-
-
-
-
surtax
-
-
-
6 408
total
-
-
-
85 445
Employee
33 327
-
134 698
-
surtax
118
-
5 356
-
unemployment
2 319
-
9 193
-
income
5 587
-
37 100
-
pensions
2 224
-
8 810
-
health
851
-
3 367
-
other
-
-
-
-
total
11 099
-
63 826
-
Employer
33 327
-
134 698
-
unemployment
1 057
-
4 186
-
pensions
4 443
-
17 606
-
other
-
-
-
-
health
1 516
-
6 010
-
total
7 016
-
27 802
-
Corporate
122 157
162 500
-
-
income
31 761
42 249
-
-
total
31 761
42 249
-
-
Dividends
90 396
120 251
-
-
withholding
13 559
18 038
-
-
total
13 559
18 038
-
-
Income
162 500
162 500
162 500
162 500
Total tax
63 435
60 287
91 628
85 445
After tax
99 065
102 213
70 872
77 055
Living cost
22 228
22 228
22 228
22 228
Free-cash
76 837
79 985
48 644
54 827

Estimated living cost  is ₽22228 per week

₽13420
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1932
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽516
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6361
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽58755
₽43848
₽56560
₽51153
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
41 795
national
-
-
-
39 479
regional
-
-
-
2 450
municipal
-
-
-
965
total
-
-
-
84 689
Employee
54 896
-
162 500
-
regional
739
-
2 187
-
national
8 697
-
34 150
-
municipal
291
-
862
-
social contributions
18 511
-
54 795
-
total
28 238
-
91 994
-
Employer
54 896
-
162 500
-
total
-
-
-
-
Corporate
107 604
162 500
-
-
nationa
25 824
39 001
-
-
municipal
5 349
8 075
-
-
total
31 173
47 076
-
-
Dividends
76 431
115 424
-
-
withholding
19 871
30 011
-
-
total
19 871
30 011
-
-
Income
162 500
162 500
162 500
162 500
Total tax
79 282
77 087
91 994
84 689
After tax
83 218
85 413
70 506
77 811
Living cost
26 658
26 658
26 658
26 658
Free-cash
56 560
58 755
43 848
51 153

Estimated living cost  is ₽26658 per week

₽16579
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2701
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽456
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6922
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽81793
₽52585
₽71059
₽59525
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
21 938
social contributions
-
-
-
35 135
income
-
-
-
15 814
solidarity contribution
-
-
-
-
total
-
-
-
72 887
Employee
44 247
-
121 485
-
income
5 310
-
14 590
-
solidarity contribution
-
-
-
-
social contributions
2 876
-
7 821
-
health
5 973
-
16 401
-
total
14 159
-
38 812
-
Employer
44 247
-
121 485
-
social contributions
11 062
-
30 081
-
health
3 982
-
10 934
-
total
15 044
-
41 015
-
Corporate
103 210
162 500
-
-
income
19 610
30 875
-
-
total
19 610
30 875
-
-
Dividends
83 600
131 625
-
-
withholding
12 540
19 744
-
-
total
12 540
19 744
-
-
Income
162 500
162 500
162 500
162 500
Total tax
61 353
50 619
79 827
72 887
After tax
101 147
111 881
82 673
89 613
Living cost
30 088
30 088
30 088
30 088
Free-cash
71 059
81 793
52 585
59 525

Estimated living cost  is ₽30088 per week

₽22375
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1667
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽521
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5525
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Prague model

Close
Graz , Austria
₽58557
₽11395
₽58066
₽51991
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
8 844
chamber of commerce
-
-
-
650
income
-
-
-
41 983
pensions
-
-
-
21 389
unemployment
-
-
-
6 070
surtax
-
-
-
-
total
-
-
-
78 936
Employee
43 259
39 438
128 302
-
unemployment
1 298
1 183
3 469
-
income
3 854
2 909
33 261
-
pensions
4 430
4 038
11 839
-
health
1 673
1 527
4 473
-
other
432
394
1 157
-
total
11 687
10 051
54 199
-
Employer
43 259
39 438
128 302
-
chamber of commerce
173
158
513
-
surtax
-
-
-
-
payroll
1 298
1 183
3 850
-
unemployment
1 298
1 183
3 469
-
pensions
5 429
4 950
14 509
-
accident
562
513
1 502
-
other
2 055
1 872
5 985
-
health
1 636
1 491
4 370
-
total
12 451
11 350
34 198
-
Corporate
106 791
111 711
124 546
-
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.

26 698
27 928
31 135
-
total
26 698
27 928
31 135
-
Dividends
80 093
83 783
-
-
withholding
22 025
23 041
-
-
total
22 025
23 041
-
-
Income
162 500
162 500
162 500
162 500
Total tax
72 861
72 370
119 532
78 936
After tax
89 639
90 130
42 968
83 564
Living cost
31 573
31 573
31 573
31 573
Free-cash
58 066
58 557
11 395
51 991

Estimated living cost  is ₽31573 per week

₽18940
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3225
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽563
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8845
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽141586
₽117211
₽139189
₽148086
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
15 986
-
162 500
-
income
3 197
-
32 500
-
total
3 197
-
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%.

146 514
162 500
-
-
total
-
-
-
-
Dividends
146 514
162 500
-
-
withholding
7 325
8 125
-
-
total
7 325
8 125
-
-
Income
162 500
162 500
162 500
162 500
Total tax
10 522
8 125
32 500
1 625
After tax
151 978
154 375
130 000
160 875
Living cost
12 789
12 789
12 789
12 789
Free-cash
139 189
141 586
117 211
148 086

Estimated living cost  is ₽12789 per week

₽8654
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽537
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽429
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3168
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽85339
₽49117
₽77059
₽53421
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
15 991
income
-
-
-
36 624
pensions
-
-
-
29 676
unemployment
-
-
-
244
total
-
-
-
82 535
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.

43 762
-
140 606
-
unemployment
62
-
197
-
income
7 547
-
33 871
-
pensions
6 783
-
21 794
-
health
2 826
-
9 084
-
total
17 218
-
64 946
-
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.

43 762
-
140 606
-
unemployment
26
-
85
-
pensions
3 872
-
12 444
-
health
2 915
-
9 364
-
total
6 813
-
21 893
-
Corporate
111 925
162 500
-
-
income
21 267
30 874
-
-
total
21 267
30 874
-
-
Dividends
90 658
131 626
-
-
withholding
13 599
19 743
-
-
total
13 599
19 743
-
-
Income
162 500
162 500
162 500
162 500
Total tax
58 897
50 617
86 839
82 535
After tax
103 603
111 883
75 661
79 965
Living cost
26 544
26 544
26 544
26 544
Free-cash
77 059
85 339
49 117
53 421

Estimated living cost  is ₽26544 per week

₽18217
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1701
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.
₽6113
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽53207
₽102922
₽2875
₽66642
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
18 525
income
-
-
-
31 675
total
-
-
-
50 200
Employee
65 467
-
-
-
income
14 441
-
-
-
social contributions
5 368
-
765
-
total
19 809
-
765
-
Employer
65 467
-
-
-
social contributions
92 308
-
13 155
-
total
92 308
-
13 155
-
Corporate
4 725
162 500
-
-
income
1 039
35 750
-
-
total
1 039
35 750
-
-
Dividends
3 685
126 750
-
-
income
811
27 885
-
-
total
811
27 885
-
-
Income
162 500
162 500
162 500
162 500
Total tax
113 967
63 635
13 920
50 200
After tax
48 533
98 865
148 580
112 300
Living cost
45 658
45 658
45 658
45 658
Free-cash
2 875
53 207
102 922
66 642

Estimated living cost  is ₽45658 per week

₽29625
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4294
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽582
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽11157
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽61389
₽44424
₽60391
₽56440
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
social contributions

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

-
-
-
56 468
income
-
-
-
18 551
surtax
-
-
-
-
total
-
-
-
75 019
Employee
45 515
-
131 314
-
surtax
-
-
-
-
income
9 467
-
41 405
-
social contributions
5 007
-
14 444
-
total
14 474
-
55 849
-
Employer
45 515
-
131 314
-
social contributions
10 810
-
31 186
-
total
10 810
-
31 186
-
Corporate
106 175
162 500
-
-
surtax
-
-
-
-
income
22 298
34 125
-
-
total
22 298
34 125
-
-
Dividends
83 877
128 375
-
-
withholding
23 486
35 945
-
-
total
23 486
35 945
-
-
Income
162 500
162 500
162 500
162 500
Total tax
71 068
70 070
87 035
75 019
After tax
91 432
92 430
75 465
87 481
Living cost
31 041
31 041
31 041
31 041
Free-cash
60 391
61 389
44 424
56 440

Estimated living cost  is ₽31041 per week

₽23225
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1831
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽518
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5467
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽34104
₽42819
₽40903
₽43967
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
6 502
social contributions
-
-
-
4 629
income
-
-
-
24 464
pensions
-
-
-
30 103
other
-
-
-
5 037
surtax
-
-
-
-
total
-
-
-
70 735
Employee
61 982
-
126 578
-
surtax
-
-
-
-
income
5 408
-
23 893
-
social contributions
1 765
-
3 606
-
pensions
7 011
-
8 464
-
total
14 184
-
35 963
-
Employer
61 982
-
126 578
-
unemployment
2 511
-
5 127
-
pensions
10 184
-
14 309
-
social contributions
186
-
379
-
other
2 139
-
4 793
-
health
4 338
-
11 312
-
total
19 358
-
35 920
-
Corporate
81 159
162 500
-
-
surtax
-
-
-
-
income
22 724
45 500
-
-
total
22 724
45 500
-
-
Dividends
58 435
117 000
-
-
withholding
7 480
14 975
-
-
surtax
-
-
-
-
social contributions
10 053
20 123
-
-
total
17 533
35 098
-
-
Income
162 500
162 500
162 500
162 500
Total tax
73 799
80 598
71 883
70 735
After tax
88 701
81 902
90 617
91 765
Living cost
47 798
47 798
47 798
47 798
Free-cash
40 903
34 104
42 819
43 967

Estimated living cost  is ₽47798 per week

₽32349
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3910
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽655
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10883
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽116502
₽94655
₽113177
₽90337
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
6 665
social contributions
-
-
-
35 750
total
-
-
-
42 415
Employee
31 815
-
140 693
-
social contributions
2 068
-
9 144
-
income
-
-
7 146
-
total
2 068
-
16 290
-
Employer
31 815
-
140 693
-
social contributions
4 932
-
21 807
-
total
4 932
-
21 807
-
Corporate
125 753
162 500
-
-
income
12 575
16 250
-
-
total
12 575
16 250
-
-
Dividends
113 178
146 250
-
-
total
-
-
-
-
Income
162 500
162 500
162 500
162 500
Total tax
19 575
16 250
38 097
42 415
After tax
142 925
146 250
124 403
120 085
Living cost
29 748
29 748
29 748
29 748
Free-cash
113 177
116 502
94 655
90 337

Estimated living cost  is ₽29748 per week

₽19235
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2242
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.
₽7711
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽52780
-₽52780
-₽52780
₽48920
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
12 932
national
-
-
-
18 699
pensions
-
-
-
856
municipal
-
-
-
33 507
total
-
-
-
65 994
Employee
200 849
200 849
200 849
-
national
24 537
24 537
24 537
-
labour market
16 045
16 045
16 045
-
municipal
42 770
42 770
42 770
-
pensions
285
285
285
-
total
83 637
83 637
83 637
-
Employer
200 849
200 849
200 849
-
national
24 580
24 580
24 580
-
pensions
571
571
571
-
labour market
16 068
16 068
16 068
-
municipal
42 838
42 838
42 838
-
total
84 057
84 057
84 057
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
162 500
162 500
162 500
162 500
Total tax
167 694
167 694
167 694
65 994
After tax
-5 194
-5 194
-5 194
96 506
Living cost
47 586
47 586
47 586
47 586
Free-cash
-52 780
-52 780
-52 780
48 920

Estimated living cost  is ₽47586 per week

₽32568
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4209
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽732
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10076
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽8418
₽66233
₽9852
₽89552
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
2 171
income
-
-
-
44 433
pensions
-
-
-
4 143
other
-
-
-
369
accident
-
-
-
251
total
-
-
-
51 367
Employee
33 948
-
145 535
-
income
4 657
-
33 461
-
pensions
3 823
-
7 596
-
health
3 887
-
16 664
-
total
12 367
-
57 721
-
Employer
33 948
-
145 535
-
unemployment
832
-
3 566
-
pensions
5 520
-
10 969
-
accident
567
-
2 430
-
total
6 919
-
16 965
-
Corporate
121 633
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.

109 470
146 250
-
-
total
109 470
146 250
-
-
Dividends
12 163
16 250
-
-
withholding
2 311
3 087
-
-
total
2 311
3 087
-
-
Income
162 500
162 500
162 500
162 500
Total tax
131 067
149 337
74 686
51 367
After tax
31 433
13 163
87 814
111 133
Living cost
21 581
21 581
21 581
21 581
Free-cash
9 852
-8 418
66 233
89 552

Estimated living cost  is ₽21581 per week

₽15709
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1230
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽405
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4237
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽64564
₽48006
₽66768
₽68534
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
2 090
national
-
-
-
25 008
municipal
-
-
-
28 874
total
-
-
-
55 972
Employee
52 066
-
136 702
-
national
860
-
15 465
-
unemployment
781
-
2 051
-
municipal
8 528
-
22 271
-
pensions
3 514
-
9 227
-
health
389
-
1 692
-
total
14 072
-
50 706
-
Employer
52 066
-
136 702
-
unemployment
338
-
888
-
pensions
9 033
-
23 717
-
accident
53
-
137
-
health
400
-
1 052
-
total
9 824
-
25 794
-
Corporate
100 610
162 500
-
-
income
20 123
32 501
-
-
total
20 123
32 501
-
-
Dividends

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

60 365
97 499
-
-
municipal
10 866
17 550
-
-
national
2 853
9 891
-
-
total
13 719
27 441
-
-
Income
162 500
162 500
162 500
162 500
Total tax
57 738
59 942
76 500
55 972
After tax
104 762
102 558
86 000
106 528
Living cost
37 994
37 994
37 994
37 994
Free-cash
66 768
64 564
48 006
68 534

Estimated living cost  is ₽37994 per week

₽24818
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3655
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.
₽8919
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽95669
₽87286
₽90284
₽88747
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
4 143
social contributions
-
-
-
16 012
income
-
-
-
30 685
total
-
-
-
50 840
Employee
76 098
76 098
151 185
-
income
8 286
7 044
29 896
-
social contributions
2 877
6 316
8 519
-
health
590
1 294
2 571
-
total
11 753
14 654
40 986
-
Employer
76 098
76 098
151 185
-
social contributions
2 877
6 316
8 519
-
health
640
1 409
2 796
-
total
3 517
7 725
11 315
-
Corporate
124 317
78 678
-
-
income
15 540
9 835
-
-
total
15 540
9 835
-
-
Dividends
108 777
68 843
-
-
withholding
18 493
11 704
-
-
total
18 493
11 704
-
-
Income
162 500
162 500
162 500
162 500
Total tax
49 303
43 918
52 301
50 840
After tax
113 197
118 582
110 199
111 660
Living cost
22 913
22 913
22 913
22 913
Free-cash
90 284
95 669
87 286
88 747

Estimated living cost  is ₽22913 per week

₽13732
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2248
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽507
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6427
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽118853
₽100596
₽113818
₽120448
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
3 581
income
-
-
-
16 436
pensions
-
-
-
6 295
unemployment
-
-
-
28
total
-
-
-
26 340
Employee

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

22 715
-
152 828
-
unemployment
113
-
470
-
income
1 553
-
13 982
-
pensions
3 407
-
14 085
-
health
1 931
-
7 982
-
total
7 004
-
36 519
-
Employer

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

22 715
-
152 828
-
unemployment
113
-
470
-
pensions
1 249
-
5 165
-
health
977
-
4 038
-
total
2 339
-
9 673
-
Corporate
137 447
162 500
-
-
income
12 370
14 626
-
-
total
12 370
14 626
-
-
Dividends
125 076
147 874
-
-
withholding
11 257
13 309
-
-
total
11 257
13 309
-
-
Income
162 500
162 500
162 500
162 500
Total tax
32 970
27 935
46 192
26 340
After tax
129 530
134 565
116 308
136 160
Living cost
15 712
15 712
15 712
15 712
Free-cash
113 818
118 853
100 596
120 448

Estimated living cost  is ₽15712 per week

₽10025
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1132
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽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.
₽4087
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽81246
₽59960
₽76875
₽64113
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
43 655
pensions
-
-
-
25 958
unemployment
-
-
-
642
other
-
-
-
92
accident
-
-
-
826
total
-
-
-
71 173
Employee
36 592
-
133 258
-
unemployment
567
-
1 422
-
income
7 055
-
40 258
-
pensions
1 720
-
4 312
-
other
36
-
92
-
total
9 378
-
46 084
-
Employer
36 592
-
133 258
-
unemployment
2 013
-
5 044
-
pensions
8 635
-
21 648
-
accident
725
-
1 816
-
other
293
-
734
-
total
11 666
-
29 242
-
Corporate
114 241
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.

17 137
24 375
-
-
total
17 137
24 375
-
-
Dividends
97 105
138 125
-
-
withholding
20 230
29 665
-
-
total
20 230
29 665
-
-
Income
162 500
162 500
162 500
162 500
Total tax
58 411
54 040
75 326
71 173
After tax
104 089
108 460
87 174
91 327
Living cost
27 214
27 214
27 214
27 214
Free-cash
76 875
81 246
59 960
64 113

Estimated living cost  is ₽27214 per week

₽18369
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2616
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽477
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5752
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽99550
₽102558
₽99247
₽102688
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
979
income
-
-
-
55 633
pensions
-
-
-
1 350
total
-
-
-
57 962
Employee
2 818
-
160 982
-
unemployment
28
-
68
-
income
545
-
55 562
-
pensions
254
-
607
-
health
141
-
337
-
total
968
-
56 574
-
Employer
2 818
-
160 982
-
unemployment
56
-
135
-
pensions
310
-
742
-
health
268
-
641
-
total
634
-
1 518
-
Corporate
159 047
162 500
-
-
income
34 990
35 750
-
-
total
34 990
35 750
-
-
Dividends
124 057
126 750
-
-
withholding
24 811
25 350
-
-
total
24 811
25 350
-
-
Income
162 500
162 500
162 500
162 500
Total tax
61 403
61 100
58 092
57 962
After tax
101 097
101 400
104 408
104 538
Living cost
1 850
1 850
1 850
1 850
Free-cash
99 247
99 550
102 558
102 688

Estimated living cost  is ₽1850 per week

₽1100
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽150
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽42
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽558
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽100335
₽81352
₽95478
₽81352
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
7 514
income
-
-
-
36 502
pensions
-
-
-
18 967
unemployment
-
-
-
1 094
total
-
-
-
64 077
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.

25 742
-
149 442
-
unemployment
193
-
547
-
income
3 548
-
36 502
-
pensions
3 604
-
10 213
-
health
1 326
-
3 757
-
total
8 671
-
51 019
-
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.

25 742
-
149 442
-
unemployment
193
-
547
-
pensions
3 089
-
8 754
-
health
1 326
-
3 757
-
total
4 608
-
13 058
-
Corporate
132 151
162 500
-
-
income
19 823
24 375
-
-
total
19 823
24 375
-
-
Dividends
112 328
138 125
-
-
withholding
16 849
20 719
-
-
total
16 849
20 719
-
-
Income
162 500
162 500
162 500
162 500
Total tax
49 951
45 094
64 077
64 077
After tax
112 549
117 406
98 423
98 423
Living cost
17 071
17 071
17 071
17 071
Free-cash
95 478
100 335
81 352
81 352

Estimated living cost  is ₽17071 per week

₽11494
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1320
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽494
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3763
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽65750
₽48785
₽65392
₽60801
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
social contributions

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

-
-
-
56 468
income
-
-
-
18 551
surtax
-
-
-
-
total
-
-
-
75 019
Employee
38 410
-
131 314
-
surtax
-
-
-
-
income
7 505
-
41 405
-
social contributions
4 226
-
14 444
-
total
11 731
-
55 849
-
Employer
38 410
-
131 314
-
social contributions
9 121
-
31 186
-
total
9 121
-
31 186
-
Corporate
114 969
162 500
-
-
surtax
-
-
-
-
income
24 144
34 125
-
-
total
24 144
34 125
-
-
Dividends
90 825
128 375
-
-
withholding
25 432
35 945
-
-
total
25 432
35 945
-
-
Income
162 500
162 500
162 500
162 500
Total tax
70 428
70 070
87 035
75 019
After tax
92 072
92 430
75 465
87 481
Living cost
26 680
26 680
26 680
26 680
Free-cash
65 392
65 750
48 785
60 801

Estimated living cost  is ₽26680 per week

₽18896
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1854
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽473
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5457
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽73680
₽52394
₽67016
₽56547
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
43 655
pensions
-
-
-
25 958
unemployment
-
-
-
642
other
-
-
-
92
accident
-
-
-
826
total
-
-
-
71 173
Employee
47 794
-
133 258
-
unemployment
740
-
1 422
-
income
9 983
-
40 258
-
pensions
2 246
-
4 312
-
other
47
-
92
-
total
13 016
-
46 084
-
Employer
47 794
-
133 258
-
unemployment
2 629
-
5 044
-
pensions
11 279
-
21 648
-
accident
947
-
1 816
-
other
383
-
734
-
total
15 238
-
29 242
-
Corporate
99 467
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.

14 921
24 375
-
-
total
14 921
24 375
-
-
Dividends
84 547
138 125
-
-
withholding
17 529
29 665
-
-
total
17 529
29 665
-
-
Income
162 500
162 500
162 500
162 500
Total tax
60 704
54 040
75 326
71 173
After tax
101 796
108 460
87 174
91 327
Living cost
34 780
34 780
34 780
34 780
Free-cash
67 016
73 680
52 394
56 547

Estimated living cost  is ₽34780 per week

₽24977
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.
₽490
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6609
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽121952
₽118182
₽115936
₽111932
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
3 966
income
-
-
-
24 375
pensions

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

-
-
-
5 104
unemployment
-
-
-
138
total
-
-
-
33 583
Employee
22 491
-
155 733
-
income
2 249
-
15 574
-
accident

We are using the highest rate at 1.1%.

247
-
379
-
pensions

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

1 974
-
3 028
-
health
1 035
-
1 586
-
total
5 505
-
20 567
-
Employer
22 491
-
155 733
-
unemployment
135
-
207
-
pensions

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

2 478
-
3 800
-
accident

We are using the highest rate at 1.1%.

247
-
379
-
health
1 552
-
2 380
-
total
4 412
-
6 766
-
Corporate
135 596
162 500
-
-
income
13 560
16 250
-
-
total
13 560
16 250
-
-
Dividends
122 037
146 250
-
-
withholding
6 102
7 313
-
-
total
6 102
7 313
-
-
Income
162 500
162 500
162 500
162 500
Total tax
29 579
23 563
27 333
33 583
After tax
132 921
138 937
135 167
128 917
Living cost
16 985
16 985
16 985
16 985
Free-cash
115 936
121 952
118 182
111 932

Estimated living cost  is ₽16985 per week

₽11234
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽972
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽405
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4374
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽45443
₽65921
₽58391
₽49205
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
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.

-
-
-
6 761
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.

-
-
-
48 920
trade
-
-
-
16 716
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.

-
-
-
2 691
total
-
-
-
75 088
Employee

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

49 240
-
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.

223
-
2 691
-
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.

4 049
-
48 920
-
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.

6 761
-
6 761
-
total
11 033
-
58 372
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
113 260
162 500
-
-
trade
16 252
23 319
-
-
chamber of commerce
316
389
-
-
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.

935
1 341
-
-
income
16 988
24 375
-
-
total
34 491
49 424
-
-
Dividends
78 768
113 077
-
-
withholding
19 315
27 892
-
-
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.

1 063
1 534
-
-
total
20 378
29 426
-
-
Income
162 500
162 500
162 500
162 500
Total tax
65 902
78 850
58 372
75 088
After tax
96 598
83 650
104 128
87 412
Living cost
38 207
38 207
38 207
38 207
Free-cash
58 391
45 443
65 921
49 205

Estimated living cost  is ₽38207 per week

₽26356
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4111
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽554
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7185
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽57376
₽30647
₽59560
₽30647
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
48 642
social contributions
-
-
-
26 837
total
-
-
-
75 479
Employee
77 411
-
162 500
-
social contributions
6 431
-
26 837
-
income
14 607
-
48 642
-
total
21 038
-
75 479
-
Employer
77 411
-
162 500
-
total
-
-
-
-
Corporate
85 089
162 500
-
-
income
10 637
20 313
-
-
total
10 637
20 313
-
-
Dividends
74 452
142 187
-
-
withholding
14 891
28 437
-
-
total
14 891
28 437
-
-
Income
162 500
162 500
162 500
162 500
Total tax
46 566
48 750
75 479
75 479
After tax
115 934
113 750
87 021
87 021
Living cost
56 374
56 374
56 374
56 374
Free-cash
59 560
57 376
30 647
30 647

Estimated living cost  is ₽56374 per week

₽42888
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4594
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽539
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8353
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽64473
₽80338
₽67931
₽92246
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health

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

-
-
-
6 160
income
-
-
-
28 170
total
-
-
-
34 330
Employee
45 398
-
157 948
-
social contributions
4 549
-
4 552
-
income
4 926
-
37 134
-
total
9 475
-
41 686
-
Employer
45 398
-
157 948
-
social contributions
4 549
-
4 552
-
total
4 549
-
4 552
-
Corporate
112 553
162 500
-
-
income
39 393
56 875
-
-
total
39 393
56 875
-
-
Dividends
73 160
105 625
-
-
social contributions
5 228
5 228
-
-
total
5 228
5 228
-
-
Income
162 500
162 500
162 500
162 500
Total tax
58 645
62 103
46 238
34 330
After tax
103 855
100 397
116 262
128 170
Living cost
35 924
35 924
35 924
35 924
Free-cash
67 931
64 473
80 338
92 246

Estimated living cost  is ₽35924 per week

₽23663
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2832
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽550
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8877
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽70931
₽57174
₽76774
₽71944
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
45 234
pensions
-
-
-
8 654
total
-
-
-
53 888
Employee
50 332
-
142 057
-
income
9 166
-
35 385
-
pensions
3 842
-
10 727
-
health
657
-
2 105
-
total
13 665
-
48 217
-
Employer
50 332
-
142 057
-
pensions
5 085
-
17 743
-
health
957
-
2 698
-
total
6 042
-
20 441
-
Corporate
106 126
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.

20 164
30 874
-
-
total
20 164
30 874
-
-
Dividends
85 962
131 626
-
-
withholding
9 187
24 027
-
-
total
9 187
24 027
-
-
Income
162 500
162 500
162 500
162 500
Total tax
49 058
54 901
68 658
53 888
After tax
113 442
107 599
93 842
108 612
Living cost
36 668
36 668
36 668
36 668
Free-cash
76 774
70 931
57 174
71 944

Estimated living cost  is ₽36668 per week

₽25154
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3372
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.
₽7681
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽10555
₽64096
₽9525
₽87415
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
2 171
income
-
-
-
44 433
pensions
-
-
-
4 143
other
-
-
-
369
accident
-
-
-
251
total
-
-
-
51 367
Employee
37 309
-
145 535
-
income
5 118
-
33 461
-
pensions
4 201
-
7 596
-
health
4 272
-
16 664
-
total
13 591
-
57 721
-
Employer
37 309
-
145 535
-
unemployment
914
-
3 566
-
pensions
6 066
-
10 969
-
accident
623
-
2 430
-
total
7 603
-
16 965
-
Corporate
117 588
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.

105 829
146 250
-
-
total
105 829
146 250
-
-
Dividends
11 759
16 250
-
-
withholding
2 234
3 087
-
-
total
2 234
3 087
-
-
Income
162 500
162 500
162 500
162 500
Total tax
129 257
149 337
74 686
51 367
After tax
33 243
13 163
87 814
111 133
Living cost
23 718
23 718
23 718
23 718
Free-cash
9 525
-10 555
64 096
87 415

Estimated living cost  is ₽23718 per week

₽17406
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1382
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.
₽4452
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽123388
₽100785
₽118762
₽79040
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
work injury
-
-
-
791
income
-
-
-
26 616
health insurance
-
-
-
11 702
pensions
-
-
-
29 097
unemployment
-
-
-
1 898
total
-
-
-
70 104
Employee

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

21 370
-
162 500
-
unemployment
256
-
949
-
work injury
107
-
395
-
income
2 137
-
26 616
-
health insurance
1 581
-
5 851
-
pensions
3 932
-
14 548
-
total
8 013
-
48 359
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
141 130
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
139 718
160 875
-
-
withholding
20 958
24 131
-
-
total
20 958
24 131
-
-
Income
162 500
162 500
162 500
162 500
Total tax
30 382
25 756
48 359
70 104
After tax
132 118
136 744
114 141
92 396
Living cost
13 356
13 356
13 356
13 356
Free-cash
118 762
123 388
100 785
79 040

Estimated living cost  is ₽13356 per week

₽8275
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽971
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽417
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3695
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽46170
₽29873
₽41667
₽37007
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
41 795
national
-
-
-
39 479
regional
-
-
-
3 710
municipal
-
-
-
1 085
total
-
-
-
86 069
Employee
83 392
-
162 500
-
regional
1 259
-
3 289
-
national
14 093
-
34 150
-
municipal
498
-
969
-
social contributions
28 119
-
54 795
-
total
43 969
-
93 203
-
Employer
83 392
-
162 500
-
total
-
-
-
-
Corporate
79 108
162 500
-
-
nationa
18 987
39 001
-
-
municipal
3 812
7 833
-
-
total
22 799
46 834
-
-
Dividends
56 309
115 666
-
-
withholding
14 641
30 072
-
-
total
14 641
30 072
-
-
Income
162 500
162 500
162 500
162 500
Total tax
81 409
76 906
93 203
86 069
After tax
81 091
85 594
69 297
76 431
Living cost
39 424
39 424
39 424
39 424
Free-cash
41 667
46 170
29 873
37 007

Estimated living cost  is ₽39424 per week

₽27693
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2712
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽595
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8423
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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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