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
₽53073
₽74743
₽56135
₽63628
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
162 500
income

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

-
-
-
49 617
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.

-
-
-
2 728
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.

-
-
-
6 517
trade
-
-
-
18 608
total
-
-
-
77 470
Employee

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

36 487
-
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.

56
-
2 728
-
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.

1 019
-
49 617
-
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.

6 517
-
6 517
-
total
7 592
-
58 862
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
126 013
162 500
-
-
income
18 902
24 376
-
-
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.

1 039
1 341
-
-
chamber of commerce
326
378
-
-
trade
19 846
25 594
-
-
total
40 113
51 689
-
-
Dividends
85 900
110 810
-
-
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.

1 160
1 504
-
-
withholding
21 112
27 339
-
-
total
22 272
28 843
-
-
Income
162 500
162 500
162 500
162 500
Total tax
69 977
80 532
58 862
77 470
After tax
92 523
81 968
103 638
85 030
Living cost
28 895
28 895
28 895
28 895
Free-cash
63 628
53 073
74 743
56 135

Estimated living cost  is ₽28895 per week

₽18176
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3369
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.
₽6810
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽50304
₽46317
₽45042
₽49453
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
162 500
social contributions
-
-
-
1 747
municipal
-
-
-
17 695
national
-
-
-
27 420
pensions
-
-
-
19 500
total
-
-
-
66 362
Employee
79 209
-
140 480
-
municipal
9 784
-
18 324
-
pensions
3 168
-
5 619
-
national
15 161
-
28 395
-
total
28 113
-
52 338
-
Employer
79 209
-
140 480
-
pensions
6 337
-
11 238
-
social contributions
851
-
1 510
-
total
7 188
-
12 748
-
Corporate
70 875
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%.

14 175
32 500
-
-
total
14 175
32 500
-
-
Dividends
56 700
130 000
-
-
withholding
12 474
28 600
-
-
total
12 474
28 600
-
-
Income
162 500
162 500
162 500
162 500
Total tax
61 950
61 100
65 086
66 362
After tax
100 550
101 400
97 414
96 138
Living cost
51 097
51 097
51 097
51 097
Free-cash
49 453
50 304
46 317
45 042

Estimated living cost  is ₽51097 per week

₽34730
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4750
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽765
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10852
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽110153
₽47687
₽35754
₽102329
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

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

-
-
-
162 500
income
-
-
-
28 912
surtax
-
-
-
41 438
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.

-
-
-
36 550
microenterprise
-
-
-
-
total
-
-
-
106 900
Employee
27 875
-
121 723
-
surtax
-
-
17 651
-
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.

3 067
-
12 506
-
income
4 962
-
24 033
-
total
8 029
-
54 190
-
Employer
27 875
-
121 723
-
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.

6 714
-
27 388
-
surtax
-
-
13 389
-
total
6 714
-
40 777
-
Corporate
127 910
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%.

25 582
32 501
-
-
total
25 582
32 501
-
-
Dividends

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

102 329
129 999
-
-
total
-
-
-
-
Income
162 500
162 500
162 500
162 500
Total tax
40 325
32 501
94 967
106 900
After tax
122 175
129 999
67 533
55 600
Living cost
19 846
19 846
19 846
19 846
Free-cash
102 329
110 153
47 687
35 754

Estimated living cost  is ₽19846 per week

₽12661
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1890
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽451
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4844
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽40406
₽60961
₽50136
₽34562
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
49 461
health
-
-
-
11 763
pensions
-
-
-
11 177
total
-
-
-
72 401
Employee
81 464
81 464
144 772
-
pensions
14 664
11 177
11 177
-
income

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

13 334
13 334
20 907
-
health
12 504
10 636
11 763
-
total
40 502
35 147
43 847
-
Employer
81 464
81 464
144 772
-
health
5 663
5 663
7 037
-
pensions
5 670
5 670
7 048
-
unemployment
2 933
2 933
3 644
-
total
14 266
14 266
17 729
-
Corporate
67 770
66 771
-
-
income
13 554
13 355
-
-
total
13 554
13 355
-
-
Dividends
54 216
53 416
-
-
income
11 521
11 351
-
-
withholding
8 132
8 012
-
-
total
19 653
19 363
-
-
Income
162 500
162 500
162 500
162 500
Total tax
87 975
82 131
61 576
72 401
After tax
74 525
80 369
100 924
90 099
Living cost
39 963
39 963
39 963
39 963
Free-cash
34 562
40 406
60 961
50 136

Estimated living cost  is ₽39963 per week

₽28321
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3603
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽635
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7404
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽49762
₽44120
₽45066
₽48888
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
162 500
accident
-
-
-
171
other
-
-
-
9 923
unemployment
-
-
-
85
health
-
-
-
5 328
municipal
-
-
-
41 081
national
-
-
-
12 652
pensions
-
-
-
9 231
total
-
-
-
78 471
Employee
55 518
-
135 670
-
municipal
16 556
-
40 457
-
national
-
-
12 129
-
total
16 556
-
52 586
-
Employer
55 518
-
135 670
-
health
3 414
-
5 252
-
pensions
6 001
-
9 231
-
accident
111
-
171
-
unemployment
1 466
-
2 254
-
other
6 451
-
9 923
-
total
17 443
-
26 831
-
Corporate
89 538
162 500
-
-
income
19 698
35 750
-
-
total
19 698
35 750
-
-
Dividends
69 840
126 750
-
-
withholding
20 952
38 025
-
-
total
20 952
38 025
-
-
Income
162 500
162 500
162 500
162 500
Total tax
74 649
73 775
79 417
78 471
After tax
87 851
88 725
83 083
84 029
Living cost
38 963
38 963
38 963
38 963
Free-cash
48 888
49 762
44 120
45 066

Estimated living cost  is ₽38963 per week

₽25823
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3823
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽592
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8725
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽43655
₽66163
₽46727
₽57062
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
162 500
income

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

-
-
-
49 617
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.

-
-
-
2 728
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.

-
-
-
6 517
trade
-
-
-
19 436
total
-
-
-
78 298
Employee

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

48 377
-
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.

228
-
2 728
-
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.

4 156
-
49 617
-
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.

6 517
-
6 517
-
total
10 901
-
58 862
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
114 123
162 500
-
-
income
17 118
24 376
-
-
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.

941
1 341
-
-
chamber of commerce
308
377
-
-
trade
18 773
26 731
-
-
total
37 140
52 825
-
-
Dividends
76 982
109 675
-
-
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.

1 039
1 488
-
-
withholding
18 883
27 057
-
-
total
19 922
28 545
-
-
Income
162 500
162 500
162 500
162 500
Total tax
67 963
81 370
58 862
78 298
After tax
94 537
81 130
103 638
84 202
Living cost
37 475
37 475
37 475
37 475
Free-cash
57 062
43 655
66 163
46 727

Estimated living cost  is ₽37475 per week

₽25064
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3952
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽559
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7900
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽87622
₽78959
₽80403
₽83663
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
162 500
income
-
-
-
31 576
social contributions
-
-
-
15 435
health
-
-
-
4 144
total
-
-
-
51 155
Employee
73 355
73 355
151 486
-
social contributions
3 565
6 088
8 212
-
income
7 703
6 790
30 797
-
health
730
1 247
2 576
-
total
11 998
14 125
41 585
-
Employer
73 355
73 355
151 486
-
health
795
1 358
2 802
-
social contributions
3 565
6 088
8 212
-
total
4 360
7 446
11 014
-
Corporate
115 202
81 699
-
-
income
14 401
10 212
-
-
total
14 401
10 212
-
-
Dividends
100 801
71 487
-
-
withholding
17 136
12 153
-
-
total
17 136
12 153
-
-
Income
162 500
162 500
162 500
162 500
Total tax
47 895
43 936
52 599
51 155
After tax
114 605
118 564
109 901
111 345
Living cost
30 942
30 942
30 942
30 942
Free-cash
83 663
87 622
78 959
80 403

Estimated living cost  is ₽30942 per week

₽21152
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2417
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽520
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6854
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽73789
₽76693
₽95062
₽74154
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
162 500
income
-
-
-
19 866
unemployment
-
-
-
2 438
health
-
-
-
11 375
pensions
-
-
-
16 250
total
-
-
-
49 929
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.

25 275
10 059
135 983
-
unemployment
379
151
2 040
-
pensions
2 528
1 006
13 598
-
income
3 090
1 230
16 624
-
health
1 769
704
9 519
-
total
7 766
3 091
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.

25 275
10 059
135 983
-
pensions
4 929
1 962
26 517
-
total
4 929
1 962
26 517
-
Corporate
132 296
150 479
-
-
income
11 907
13 543
-
-
total
11 907
13 543
-
-
Dividends
120 390
136 936
-
-
social contributions
23 361
26 588
-
-
withholding
22 874
26 018
-
-
total
46 235
52 606
-
-
Income
162 500
162 500
162 500
162 500
Total tax
70 837
71 202
68 298
49 929
After tax
91 663
91 298
94 202
112 571
Living cost
17 509
17 509
17 509
17 509
Free-cash
74 154
73 789
76 693
95 062

Estimated living cost  is ₽17509 per week

₽11949
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1433
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽350
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3778
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Budapest model

Close
Tallinn , Estonia
₽106957
₽70623
₽64058
₽101032
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
162 500
income
-
-
-
21 774
health
-
-
-
21 125
pensions
-
-
-
32 501
total
-
-
-
75 400
Employee
27 062
-
121 449
-
unemployment
433
-
1 942
-
pensions
541
-
2 429
-
income
3 047
-
23 415
-
total
4 021
-
27 786
-
Employer
27 062
-
121 449
-
health
3 517
-
15 788
-
pensions
5 413
-
24 289
-
unemployment
217
-
972
-
total
9 147
-
41 049
-
Corporate
126 290
162 500
-
-
income
25 258
32 501
-
-
total
25 258
32 501
-
-
Dividends
101 033
129 999
-
-
total
-
-
-
-
Income
162 500
162 500
162 500
162 500
Total tax
38 426
32 501
68 835
75 400
After tax
124 074
129 999
93 665
87 100
Living cost
23 042
23 042
23 042
23 042
Free-cash
101 032
106 957
70 623
64 058

Estimated living cost  is ₽23042 per week

₽15804
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1372
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽463
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5402
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽8118
₽66709
₽89833
₽9898
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
162 500
accident
-
-
-
244
income
-
-
-
44 649
other
-
-
-
358
health
-
-
-
2 110
pensions
-
-
-
4 025
total
-
-
-
51 386
Employee
33 476
-
145 835
-
pensions
3 769
-
7 380
-
income
4 593
-
33 767
-
health
3 833
-
16 698
-
total
12 195
-
57 845
-
Employer
33 476
-
145 835
-
pensions
5 443
-
10 657
-
accident
559
-
2 435
-
unemployment
820
-
3 573
-
total
6 822
-
16 665
-
Corporate
122 202
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.

109 982
146 250
-
-
total
109 982
146 250
-
-
Dividends
12 220
16 250
-
-
withholding
2 322
3 087
-
-
total
2 322
3 087
-
-
Income
162 500
162 500
162 500
162 500
Total tax
131 321
149 337
74 510
51 386
After tax
31 179
13 163
87 990
111 114
Living cost
21 281
21 281
21 281
21 281
Free-cash
9 898
-8 118
66 709
89 833

Estimated living cost  is ₽21281 per week

₽15597
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1179
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽444
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4061
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽146588
₽122213
₽153088
₽145129
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
9 733
-
162 500
-
income
1 946
-
32 500
-
total
1 946
-
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%.

152 767
162 500
-
-
total
-
-
-
-
Dividends
152 767
162 500
-
-
withholding
7 638
8 125
-
-
total
7 638
8 125
-
-
Income
162 500
162 500
162 500
162 500
Total tax
9 584
8 125
32 500
1 625
After tax
152 916
154 375
130 000
160 875
Living cost
7 787
7 787
7 787
7 787
Free-cash
145 129
146 588
122 213
153 088

Estimated living cost  is ₽7787 per week

₽4826
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽647
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽214
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2100
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽93971
₽66809
₽64426
₽87527
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
162 500
income
-
-
-
24 566
other
-
-
-
6 890
health
-
-
-
6 383
pensions

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

-
-
-
34 816
total
-
-
-
72 655
Employee
34 637
-
129 791
-
unemployment
346
-
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.

2 424
-
9 086
-
income
5 963
-
25 361
-
health
485
-
1 818
-
total
9 218
-
37 563
-
Employer
34 637
-
129 791
-
health
485
-
1 818
-
pensions

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

5 889
-
22 064
-
accident
277
-
1 039
-
unemployment
346
-
1 298
-
other
1 732
-
6 490
-
total
8 729
-
32 709
-
Corporate
119 133
162 500
-
-
income
25 019
34 124
-
-
total
25 019
34 124
-
-
Dividends
94 115
128 376
-
-
withholding
6 588
8 986
-
-
total
6 588
8 986
-
-
Income
162 500
162 500
162 500
162 500
Total tax
49 554
43 110
70 272
72 655
After tax
112 946
119 390
92 228
89 845
Living cost
25 419
25 419
25 419
25 419
Free-cash
87 527
93 971
66 809
64 426

Estimated living cost  is ₽25419 per week

₽17960
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1716
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽409
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5333
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽43618
₽30148
₽44879
₽45609
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
46 030
pensions
-
-
-
8 421
total
-
-
-
54 451
Employee
89 376
-
141 990
-
pensions
8 622
-
10 385
-
income
16 111
-
36 212
-
health
1 473
-
2 074
-
total
26 206
-
48 671
-
Employer
89 376
-
141 990
-
health
1 697
-
2 698
-
pensions
10 553
-
17 813
-
total
12 250
-
20 511
-
Corporate
60 874
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.

11 566
30 876
-
-
total
11 566
30 876
-
-
Dividends
49 308
131 624
-
-
withholding
3 699
24 836
-
-
total
3 699
24 836
-
-
Income
162 500
162 500
162 500
162 500
Total tax
53 721
55 712
69 182
54 451
After tax
108 779
106 788
93 318
108 049
Living cost
63 170
63 170
63 170
63 170
Free-cash
45 609
43 618
30 148
44 879

Estimated living cost  is ₽63170 per week

₽47334
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽7422
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽514
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7900
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽126435
₽123043
₽116728
₽122005
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
162 500
income
-
-
-
24 375
unemployment
-
-
-
133
health
-
-
-
3 831
pensions

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

-
-
-
4 930
total
-
-
-
33 269
Employee
16 556
-
155 965
-
accident

We are using the highest rate at 1.1%.

182
-
366
-
pensions

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

1 454
-
2 925
-
income
1 655
-
15 596
-
health
761
-
1 532
-
total
4 052
-
20 419
-
Employer
16 556
-
155 965
-
health
1 143
-
2 298
-
pensions

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

1 825
-
3 671
-
accident

We are using the highest rate at 1.1%.

182
-
366
-
unemployment
99
-
200
-
total
3 249
-
6 535
-
Corporate
142 696
162 500
-
-
income
14 270
16 250
-
-
total
14 270
16 250
-
-
Dividends
128 426
146 250
-
-
withholding
6 421
7 312
-
-
total
6 421
7 312
-
-
Income
162 500
162 500
162 500
162 500
Total tax
27 992
23 562
26 954
33 269
After tax
134 508
138 938
135 546
129 231
Living cost
12 503
12 503
12 503
12 503
Free-cash
122 005
126 435
123 043
116 728

Estimated living cost  is ₽12503 per week

₽7299
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽893
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽331
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3980
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽27471
₽48026
₽37201
₽29872
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
49 461
health
-
-
-
11 763
pensions
-
-
-
11 177
total
-
-
-
72 401
Employee
88 444
81 464
144 772
-
pensions
11 177
11 177
11 177
-
income

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

13 334
13 334
20 907
-
health
11 034
10 636
11 763
-
total
35 545
35 147
43 847
-
Employer
88 444
81 464
144 772
-
health
6 146
5 663
7 037
-
pensions
6 155
5 670
7 048
-
unemployment
3 184
2 933
3 644
-
total
15 485
14 266
17 729
-
Corporate
58 571
66 771
-
-
income
11 715
13 355
-
-
total
11 715
13 355
-
-
Dividends
46 856
53 416
-
-
income
9 957
11 351
-
-
withholding
7 028
8 012
-
-
total
16 985
19 363
-
-
Income
162 500
162 500
162 500
162 500
Total tax
79 730
82 131
61 576
72 401
After tax
82 770
80 369
100 924
90 099
Living cost
52 898
52 898
52 898
52 898
Free-cash
29 872
27 471
48 026
37 201

Estimated living cost  is ₽52898 per week

₽39021
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4725
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽606
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8547
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽88137
₽59672
₽66693
₽79666
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
162 500
income
-
-
-
15 959
social contributions
-
-
-
34 167
solidarity contribution
-
-
-
-
health
-
-
-
21 937
total
-
-
-
72 063
Employee
34 918
-
122 246
-
solidarity contribution
-
-
-
-
social contributions
2 270
-
7 606
-
income
4 190
-
14 721
-
health
4 714
-
16 503
-
total
11 174
-
38 830
-
Employer
34 918
-
122 246
-
health
3 143
-
11 002
-
social contributions
8 729
-
29 252
-
total
11 872
-
40 254
-
Corporate
115 710
162 500
-
-
income
21 985
30 875
-
-
total
21 985
30 875
-
-
Dividends
93 725
131 625
-
-
withholding
14 059
19 744
-
-
total
14 059
19 744
-
-
Income
162 500
162 500
162 500
162 500
Total tax
59 090
50 619
79 084
72 063
After tax
103 410
111 881
83 416
90 437
Living cost
23 744
23 744
23 744
23 744
Free-cash
79 666
88 137
59 672
66 693

Estimated living cost  is ₽23744 per week

₽16493
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1689
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽467
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5095
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽46446
₽30391
₽37734
₽41466
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
regional
-
-
-
1 912
municipal
-
-
-
965
national
-
-
-
39 840
total
-
-
-
84 512
Employee
84 782
-
162 500
-
municipal
449
-
862
-
national
14 691
-
34 510
-
regional
800
-
1 688
-
social contributions
28 589
-
54 795
-
total
44 529
-
91 855
-
Employer
84 782
-
162 500
-
total
-
-
-
-
Corporate
77 718
162 500
-
-
municipal
3 030
6 338
-
-
nationa
18 652
39 000
-
-
total
21 682
45 338
-
-
Dividends
56 036
117 162
-
-
withholding
14 569
30 462
-
-
total
14 569
30 462
-
-
Income
162 500
162 500
162 500
162 500
Total tax
80 780
75 800
91 855
84 512
After tax
81 720
86 700
70 645
77 988
Living cost
40 254
40 254
40 254
40 254
Free-cash
41 466
46 446
30 391
37 734

Estimated living cost  is ₽40254 per week

₽28060
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2639
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽617
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8936
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽81162
₽50048
₽55919
₽78193
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
44 105
other
-
-
-
-
surtax
-
-
-
6 705
unemployment
-
-
-
217
health
-
-
-
9 039
pensions
-
-
-
25 464
total
-
-
-
85 530
Employee
31 547
-
135 700
-
other
-
-
-
-
unemployment
2 196
-
8 861
-
pensions
2 104
-
8 492
-
surtax
103
-
5 603
-
income
5 288
-
38 399
-
health
806
-
3 246
-
total
10 497
-
64 601
-
Employer
31 547
-
135 700
-
health
1 436
-
5 793
-
pensions
4 205
-
16 972
-
unemployment
999
-
4 035
-
other
-
-
-
-
total
6 640
-
26 800
-
Corporate
124 313
162 500
-
-
income
32 321
42 249
-
-
total
32 321
42 249
-
-
Dividends
91 992
120 251
-
-
withholding
13 798
18 038
-
-
total
13 798
18 038
-
-
Income
162 500
162 500
162 500
162 500
Total tax
63 256
60 287
91 401
85 530
After tax
99 244
102 213
71 099
76 970
Living cost
21 051
21 051
21 051
21 051
Free-cash
78 193
81 162
50 048
55 919

Estimated living cost  is ₽21051 per week

₽12871
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1942
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽485
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5751
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽63632
₽50162
₽64893
₽69872
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
46 030
pensions
-
-
-
8 421
total
-
-
-
54 451
Employee
59 897
-
141 990
-
pensions
5 084
-
10 385
-
income
10 788
-
36 212
-
health
870
-
2 074
-
total
16 742
-
48 671
-
Employer
59 897
-
141 990
-
health
1 138
-
2 698
-
pensions
6 484
-
17 813
-
total
7 622
-
20 511
-
Corporate
94 981
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.

18 045
30 876
-
-
total
18 045
30 876
-
-
Dividends
76 936
131 624
-
-
withholding
7 063
24 836
-
-
total
7 063
24 836
-
-
Income
162 500
162 500
162 500
162 500
Total tax
49 472
55 712
69 182
54 451
After tax
113 028
106 788
93 318
108 049
Living cost
43 156
43 156
43 156
43 156
Free-cash
69 872
63 632
50 162
64 893

Estimated living cost  is ₽43156 per week

₽32332
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3235
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽451
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7137
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽1753
₽48396
₽56213
₽30792
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
162 500
other

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

-
-
-
3 251
regional
-
-
-
7 671
health
-
-
-
365
city
-
-
-
1 713
national
-
-
-
2 278
pensions
-
-
-
14 950
total
-
-
-
30 228
Employee
89 009
-
145 446
-
unemployment
-
-
-
-
pensions
7 478
-
12 217
-
national
421
-
1 835
-
regional
2 915
-
6 648
-
city
955
-
1 563
-
health
201
-
328
-
total
11 970
-
22 591
-
Employer
89 009
-
145 446
-
health
201
-
328
-
pensions
7 478
-
12 217
-
unemployment
-
-
-
-
other

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

1 780
-
2 909
-
total
9 459
-
15 454
-
Corporate
63 054
162 500
-
-
regional
13 336
34 370
-
-
national
5 360
13 813
-
-
total
18 696
48 183
-
-
Dividends
44 357
114 317
-
-
withholding
15 524
40 011
-
-
total
15 524
40 011
-
-
Income
162 500
162 500
162 500
162 500
Total tax
55 649
88 194
38 045
30 228
After tax
106 851
74 306
124 455
132 272
Living cost
76 059
76 059
76 059
76 059
Free-cash
30 792
-1 753
48 396
56 213

Estimated living cost  is ₽76059 per week

₽49460
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽6825
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽934
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽18839
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽36596
₽59937
₽39674
₽52066
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
162 500
income

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

-
-
-
49 617
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.

-
-
-
2 728
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.

-
-
-
6 517
trade
-
-
-
20 263
total
-
-
-
79 125
Employee

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

57 331
-
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.

371
-
2 728
-
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.

6 742
-
49 617
-
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.

6 517
-
6 517
-
total
13 630
-
58 862
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
105 169
162 500
-
-
income
15 775
24 376
-
-
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.

867
1 341
-
-
chamber of commerce
293
373
-
-
trade
18 036
27 868
-
-
total
34 971
53 958
-
-
Dividends
70 197
108 542
-
-
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.

945
1 472
-
-
withholding
17 187
26 773
-
-
total
18 132
28 245
-
-
Income
162 500
162 500
162 500
162 500
Total tax
66 733
82 203
58 862
79 125
After tax
95 767
80 297
103 638
83 375
Living cost
43 701
43 701
43 701
43 701
Free-cash
52 066
36 596
59 937
39 674

Estimated living cost  is ₽43701 per week

₽31918
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3496
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽568
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7721
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽49262
₽57271
₽59025
₽54898
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
162 500
income
-
-
-
24 967
other
-
-
-
5 038
surtax
-
-
-
-
social contributions
-
-
-
4 631
health
-
-
-
6 698
pensions
-
-
-
29 503
total
-
-
-
70 837
Employee
40 828
-
126 225
-
pensions
4 616
-
8 585
-
surtax
-
-
-
-
social contributions
1 164
-
3 597
-
income
2 410
-
24 138
-
total
8 190
-
36 320
-
Employer
40 828
-
126 225
-
health
2 858
-
11 451
-
pensions
6 707
-
14 489
-
unemployment
1 653
-
5 112
-
social contributions
123
-
378
-
other
1 408
-
4 841
-
total
12 749
-
36 271
-
Corporate
108 922
162 500
-
-
income
30 498
45 500
-
-
surtax
-
-
-
-
total
30 498
45 500
-
-
Dividends
78 424
117 000
-
-
surtax
-
-
-
-
social contributions
13 489
20 123
-
-
withholding
10 038
14 977
-
-
total
23 527
35 100
-
-
Income
162 500
162 500
162 500
162 500
Total tax
74 964
80 600
72 591
70 837
After tax
87 536
81 900
89 909
91 663
Living cost
32 638
32 638
32 638
32 638
Free-cash
54 898
49 262
57 271
59 025

Estimated living cost  is ₽32638 per week

₽20580
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2654
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽556
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8851
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽52496
₽60505
₽62259
₽57793
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
162 500
income
-
-
-
24 967
other
-
-
-
5 038
surtax
-
-
-
-
social contributions
-
-
-
4 631
health
-
-
-
6 698
pensions
-
-
-
29 503
total
-
-
-
70 837
Employee
36 445
-
126 225
-
pensions
4 122
-
8 585
-
surtax
-
-
-
-
social contributions
1 039
-
3 597
-
income
1 879
-
24 138
-
total
7 040
-
36 320
-
Employer
36 445
-
126 225
-
health
2 551
-
11 451
-
pensions
5 989
-
14 489
-
unemployment
1 475
-
5 112
-
social contributions
109
-
378
-
other
1 258
-
4 841
-
total
11 382
-
36 271
-
Corporate
114 674
162 500
-
-
income
32 110
45 500
-
-
surtax
-
-
-
-
total
32 110
45 500
-
-
Dividends
82 564
117 000
-
-
surtax
-
-
-
-
social contributions
14 202
20 123
-
-
withholding
10 569
14 977
-
-
total
24 771
35 100
-
-
Income
162 500
162 500
162 500
162 500
Total tax
75 303
80 600
72 591
70 837
After tax
87 197
81 900
89 909
91 663
Living cost
29 404
29 404
29 404
29 404
Free-cash
57 793
52 496
60 505
62 259

Estimated living cost  is ₽29404 per week

₽17053
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2987
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽558
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8807
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽78912
₽80942
₽84130
₽79407
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
162 500
income
-
-
-
24 376
social contributions
-
-
-
22 424
health
-
-
-
11 342
total
-
-
-
58 142
Employee
32 345
-
162 500
-
social contributions
4 464
-
22 424
-
income
5 395
-
27 564
-
health
2 257
-
11 342
-
total
12 116
-
61 330
-
Employer
32 345
-
162 500
-
total
-
-
-
-
Corporate
130 155
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%.

6 508
8 125
-
-
total
6 508
8 125
-
-
Dividends
123 647
154 375
-
-
social contributions
17 064
21 304
-
-
withholding
18 547
23 156
-
-
health
8 630
10 775
-
-
total
44 241
55 235
-
-
Income
162 500
162 500
162 500
162 500
Total tax
62 865
63 360
61 330
58 142
After tax
99 635
99 140
101 170
104 358
Living cost
20 228
20 228
20 228
20 228
Free-cash
79 407
78 912
80 942
84 130

Estimated living cost  is ₽20228 per week

₽13538
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1247
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽465
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4977
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽56353
₽9537
₽49773
₽54875
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
43 281
surtax
-
-
-
188
unemployment
-
-
-
5 851
chamber of commerce
-
-
-
650
health
-
-
-
8 525
pensions
-
-
-
20 618
total
-
-
-
79 113
Employee
47 675
38 017
128 960
-
other
476
380
1 115
-
unemployment
1 430
1 140
3 344
-
pensions
4 882
3 892
11 412
-
income
5 427
2 804
34 291
-
health
1 845
1 472
4 312
-
total
14 060
9 688
54 474
-
Employer
47 675
38 017
128 960
-
chamber of commerce
190
152
516
-
health
1 801
1 437
4 213
-
pensions
5 983
4 772
13 986
-
accident
619
494
1 448
-
unemployment
1 430
1 140
3 344
-
surtax
188
188
188
-
payroll
1 430
1 140
3 869
-
other
2 265
1 805
5 976
-
total
13 906
11 128
33 540
-
Corporate
100 919
113 354
125 340
-
income

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

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

25 230
28 339
31 335
-
total
25 230
28 339
31 335
-
Dividends
75 688
85 015
-
-
withholding
20 815
23 378
-
-
total
20 815
23 378
-
-
Income
162 500
162 500
162 500
162 500
Total tax
74 011
72 533
119 349
79 113
After tax
88 489
89 967
43 151
83 387
Living cost
33 614
33 614
33 614
33 614
Free-cash
54 875
56 353
9 537
49 773

Estimated living cost  is ₽33614 per week

₽22419
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2868
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽552
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7775
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽56109
₽22736
₽35630
₽41802
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
8 324
social contributions
-
-
-
23 784
national
-
-
-
59 979
total
-
-
-
92 087
Employee

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

68 237
-
125 861
-
unemployment

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

594
-
1 095
-
communal

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

3 559
-
6 564
-
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.

5 118
-
9 439
-
national
20 979
-
45 327
-
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.

3 206
-
5 916
-
total
33 456
-
68 341
-
Employer

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

68 237
-
125 861
-
health

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

4 196
-
7 741
-
pensions

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

6 046
-
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.

887
-
1 637
-
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.

996
-
1 837
-
surtax
7 737
-
14 273
-
total
19 862
-
36 640
-
Corporate
74 400
162 500
-
-
income
14 881
32 501
-
-
surtax
297
650
-
-
total
15 178
33 151
-
-
Dividends
59 222
129 349
-
-
withholding

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

17 419
38 457
-
-
total
17 419
38 457
-
-
Income
162 500
162 500
162 500
162 500
Total tax
85 915
71 608
104 981
92 087
After tax
76 585
90 892
57 519
70 413
Living cost
34 783
34 783
34 783
34 783
Free-cash
41 802
56 109
22 736
35 630

Estimated living cost  is ₽34783 per week

₽22404
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3041
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽545
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8793
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽73931
₽52801
₽56804
₽67285
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
162 500
accident
-
-
-
797
income
-
-
-
44 718
other
-
-
-
89
unemployment
-
-
-
619
pensions
-
-
-
25 022
total
-
-
-
71 245
Employee
47 486
-
134 312
-
other
47
-
89
-
unemployment
737
-
1 370
-
pensions
2 232
-
4 156
-
income
10 019
-
41 443
-
total
13 035
-
47 058
-
Employer
47 486
-
134 312
-
pensions
11 206
-
20 868
-
accident
940
-
1 751
-
unemployment
2 612
-
4 863
-
other
378
-
708
-
total
15 136
-
28 190
-
Corporate
99 878
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.

14 982
24 376
-
-
total
14 982
24 376
-
-
Dividends
84 896
138 124
-
-
withholding
17 611
29 742
-
-
total
17 611
29 742
-
-
Income
162 500
162 500
162 500
162 500
Total tax
60 764
54 118
75 248
71 245
After tax
101 736
108 382
87 252
91 255
Living cost
34 451
34 451
34 451
34 451
Free-cash
67 285
73 931
52 801
56 804

Estimated living cost  is ₽34451 per week

₽25370
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2444
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽496
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6141
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽43569
₽35596
₽29120
₽31632
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
162 500
communal
-
-
-
10 270
accident
-
-
-
1 370
income
-
-
-
26 070
surtax
-
-
-
8 056
health
-
-
-
11 416
pensions
-
-
-
24 356
total
-
-
-
81 538
Employee
72 242
-
145 154
-
pensions
5 779
-
11 613
-
surtax
4 428
-
8 896
-
income
6 978
-
30 748
-
health
3 215
-
6 459
-
total
20 400
-
57 716
-
Employer
72 242
-
145 154
-
health
2 203
-
4 426
-
pensions
5 779
-
11 613
-
accident
650
-
1 307
-
total
8 632
-
17 346
-
Corporate
81 626
162 500
-
-
communal
5 511
10 969
-
-
income
12 243
24 376
-
-
surtax
856
1 707
-
-
total
18 610
37 052
-
-
Dividends
63 016
125 448
-
-
income
21 932
11 221
-
-
withholding
9 452
18 816
-
-
total
31 384
30 037
-
-
Income
162 500
162 500
162 500
162 500
Total tax
79 026
67 089
75 062
81 538
After tax
83 474
95 411
87 438
80 962
Living cost
51 842
51 842
51 842
51 842
Free-cash
31 632
43 569
35 596
29 120

Estimated living cost  is ₽51842 per week

₽38889
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3141
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽549
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9262
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽80786
₽49672
₽55543
₽77752
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
44 105
other
-
-
-
-
surtax
-
-
-
6 705
unemployment
-
-
-
217
health
-
-
-
9 039
pensions
-
-
-
25 464
total
-
-
-
85 530
Employee
32 126
-
135 700
-
other
-
-
-
-
unemployment
2 236
-
8 861
-
pensions
2 143
-
8 492
-
surtax
114
-
5 603
-
income
5 386
-
38 399
-
health
820
-
3 246
-
total
10 699
-
64 601
-
Employer
32 126
-
135 700
-
health
1 461
-
5 793
-
pensions
4 283
-
16 972
-
unemployment
1 019
-
4 035
-
other
-
-
-
-
total
6 763
-
26 800
-
Corporate
123 611
162 500
-
-
income
32 139
42 249
-
-
total
32 139
42 249
-
-
Dividends
91 472
120 251
-
-
withholding
13 720
18 038
-
-
total
13 720
18 038
-
-
Income
162 500
162 500
162 500
162 500
Total tax
63 321
60 287
91 401
85 530
After tax
99 179
102 213
71 099
76 970
Living cost
21 427
21 427
21 427
21 427
Free-cash
77 752
80 786
49 672
55 543

Estimated living cost  is ₽21427 per week

₽12937
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1863
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽498
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6132
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽59716
₽44449
₽51752
₽57598
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
regional
-
-
-
2 450
municipal
-
-
-
965
national
-
-
-
39 840
total
-
-
-
85 050
Employee
52 917
-
162 500
-
municipal
281
-
862
-
national
8 384
-
34 510
-
regional
712
-
2 186
-
social contributions
17 844
-
54 795
-
total
27 221
-
92 353
-
Employer
52 917
-
162 500
-
total
-
-
-
-
Corporate
109 583
162 500
-
-
municipal
5 445
8 076
-
-
nationa
26 300
39 000
-
-
total
31 745
47 076
-
-
Dividends
77 837
115 425
-
-
withholding
20 238
30 010
-
-
total
20 238
30 010
-
-
Income
162 500
162 500
162 500
162 500
Total tax
79 204
77 086
92 353
85 050
After tax
83 296
85 414
70 147
77 450
Living cost
25 698
25 698
25 698
25 698
Free-cash
57 598
59 716
44 449
51 752

Estimated living cost  is ₽25698 per week

₽15981
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2603
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽440
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6673
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽82622
₽54157
₽61178
₽72185
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
162 500
income
-
-
-
15 959
social contributions
-
-
-
34 167
solidarity contribution
-
-
-
-
health
-
-
-
21 937
total
-
-
-
72 063
Employee
43 028
-
122 246
-
solidarity contribution
-
-
-
-
social contributions
2 797
-
7 606
-
income
5 163
-
14 721
-
health
5 809
-
16 503
-
total
13 769
-
38 830
-
Employer
43 028
-
122 246
-
health
3 872
-
11 002
-
social contributions
10 757
-
29 252
-
total
14 629
-
40 254
-
Corporate
104 843
162 500
-
-
income
19 920
30 875
-
-
total
19 920
30 875
-
-
Dividends
84 923
131 625
-
-
withholding
12 738
19 744
-
-
total
12 738
19 744
-
-
Income
162 500
162 500
162 500
162 500
Total tax
61 056
50 619
79 084
72 063
After tax
101 444
111 881
83 416
90 437
Living cost
29 259
29 259
29 259
29 259
Free-cash
72 185
82 622
54 157
61 178

Estimated living cost  is ₽29259 per week

₽21759
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1621
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽506
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5373
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽59633
₽12766
₽53140
₽59159
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
43 281
surtax
-
-
-
-
unemployment
-
-
-
5 851
chamber of commerce
-
-
-
650
health
-
-
-
8 525
pensions
-
-
-
20 618
total
-
-
-
78 925
Employee
41 700
38 017
129 136
-
other
416
380
1 115
-
unemployment
1 251
1 140
3 344
-
pensions
4 271
3 892
11 412
-
income
3 715
2 804
34 374
-
health
1 613
1 472
4 312
-
total
11 266
9 688
54 557
-
Employer
41 700
38 017
129 136
-
chamber of commerce
167
152
516
-
health
1 577
1 437
4 213
-
pensions
5 234
4 772
13 986
-
accident
541
494
1 448
-
unemployment
1 251
1 140
3 344
-
surtax
-
-
-
-
payroll
1 251
1 140
3 874
-
other
1 980
1 805
5 983
-
total
12 001
10 940
33 364
-
Corporate
108 799
113 542
125 515
-
income

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

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

27 200
28 386
31 378
-
total
27 200
28 386
31 378
-
Dividends
81 599
85 156
-
-
withholding
22 439
23 418
-
-
total
22 439
23 418
-
-
Income
162 500
162 500
162 500
162 500
Total tax
72 906
72 432
119 299
78 925
After tax
89 594
90 068
43 201
83 575
Living cost
30 435
30 435
30 435
30 435
Free-cash
59 159
59 633
12 766
53 140

Estimated living cost  is ₽30435 per week

₽18257
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3108
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽543
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8527
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽142241
₽117866
₽148741
₽139965
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
15 168
-
162 500
-
income
3 034
-
32 500
-
total
3 034
-
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%.

147 332
162 500
-
-
total
-
-
-
-
Dividends
147 332
162 500
-
-
withholding
7 367
8 125
-
-
total
7 367
8 125
-
-
Income
162 500
162 500
162 500
162 500
Total tax
10 401
8 125
32 500
1 625
After tax
152 099
154 375
130 000
160 875
Living cost
12 134
12 134
12 134
12 134
Free-cash
139 965
142 241
117 866
148 741

Estimated living cost  is ₽12134 per week

₽8211
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽509
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽407
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3006
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽86295
₽49755
₽54059
₽78314
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

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

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

-
-
-
162 500
income
-
-
-
36 942
unemployment
-
-
-
244
health
-
-
-
15 991
pensions
-
-
-
29 677
total
-
-
-
82 854
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.

42 184
-
140 606
-
unemployment
60
-
197
-
pensions
6 539
-
21 794
-
income
7 275
-
34 189
-
health
2 725
-
9 084
-
total
16 599
-
65 264
-
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.

42 184
-
140 606
-
health
2 810
-
9 365
-
pensions
3 733
-
12 444
-
unemployment
25
-
85
-
total
6 568
-
21 894
-
Corporate
113 748
162 500
-
-
income
21 612
30 875
-
-
total
21 612
30 875
-
-
Dividends
92 136
131 625
-
-
withholding
13 820
19 743
-
-
total
13 820
19 743
-
-
Income
162 500
162 500
162 500
162 500
Total tax
58 599
50 618
87 158
82 854
After tax
103 901
111 882
75 342
79 646
Living cost
25 587
25 587
25 587
25 587
Free-cash
78 314
86 295
49 755
54 059

Estimated living cost  is ₽25587 per week

₽17560
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1640
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽496
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5893
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽57721
₽108812
₽71157
₽12364
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
162 500
income
-
-
-
31 674
social contributions
-
-
-
18 525
total
-
-
-
50 199
Employee
58 995
-
-
-
social contributions
4 838
-
689
-
income
13 013
-
-
-
total
17 851
-
689
-
Employer
58 995
-
-
-
social contributions
83 183
-
11 855
-
total
83 183
-
11 855
-
Corporate
20 323
162 500
-
-
income
4 471
35 750
-
-
total
4 471
35 750
-
-
Dividends
15 852
126 750
-
-
income
3 487
27 885
-
-
total
3 487
27 885
-
-
Income
162 500
162 500
162 500
162 500
Total tax
108 992
63 635
12 544
50 199
After tax
53 508
98 865
149 956
112 301
Living cost
41 144
41 144
41 144
41 144
Free-cash
12 364
57 721
108 812
71 157

Estimated living cost  is ₽41144 per week

₽26696
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3870
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽524
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10054
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽62507
₽45138
₽57353
₽61548
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
162 500
income
-
-
-
18 755
surtax
-
-
-
-
social contributions

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

-
-
-
56 469
total
-
-
-
75 224
Employee
43 875
-
131 314
-
surtax
-
-
-
-
social contributions
4 826
-
14 445
-
income
9 126
-
41 808
-
total
13 952
-
56 253
-
Employer
43 875
-
131 314
-
social contributions
10 420
-
31 186
-
total
10 420
-
31 186
-
Corporate
108 205
162 500
-
-
income
22 723
34 124
-
-
surtax
-
-
-
-
total
22 723
34 124
-
-
Dividends
85 482
128 376
-
-
withholding
23 934
35 946
-
-
total
23 934
35 946
-
-
Income
162 500
162 500
162 500
162 500
Total tax
71 029
70 070
87 439
75 224
After tax
91 471
92 430
75 061
87 276
Living cost
29 923
29 923
29 923
29 923
Free-cash
61 548
62 507
45 138
57 353

Estimated living cost  is ₽29923 per week

₽22388
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1765
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽500
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5270
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽35825
₽43834
₽45588
₽42384
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
162 500
income
-
-
-
24 967
other
-
-
-
5 038
surtax
-
-
-
-
social contributions
-
-
-
4 631
health
-
-
-
6 698
pensions
-
-
-
29 503
total
-
-
-
70 837
Employee
59 748
-
126 225
-
pensions
6 758
-
8 585
-
surtax
-
-
-
-
social contributions
1 702
-
3 597
-
income
5 213
-
24 138
-
total
13 673
-
36 320
-
Employer
59 748
-
126 225
-
health
4 182
-
11 451
-
pensions
9 817
-
14 489
-
unemployment
2 420
-
5 112
-
social contributions
179
-
378
-
other
2 062
-
4 841
-
total
18 660
-
36 271
-
Corporate
84 091
162 500
-
-
income
23 545
45 500
-
-
surtax
-
-
-
-
total
23 545
45 500
-
-
Dividends
60 546
117 000
-
-
surtax
-
-
-
-
social contributions
10 413
20 123
-
-
withholding
7 750
14 977
-
-
total
18 163
35 100
-
-
Income
162 500
162 500
162 500
162 500
Total tax
74 041
80 600
72 591
70 837
After tax
88 459
81 900
89 909
91 663
Living cost
46 075
46 075
46 075
46 075
Free-cash
42 384
35 825
43 834
45 588

Estimated living cost  is ₽46075 per week

₽31183
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3769
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽632
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10491
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽117575
₽95508
₽91191
₽114369
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
6 883
social contributions
-
-
-
35 750
total
-
-
-
42 633
Employee
30 669
-
140 693
-
income
-
-
7 363
-
social contributions
1 993
-
9 146
-
total
1 993
-
16 509
-
Employer
30 669
-
140 693
-
social contributions
4 754
-
21 807
-
total
4 754
-
21 807
-
Corporate
127 077
162 500
-
-
income
12 708
16 249
-
-
total
12 708
16 249
-
-
Dividends
114 369
146 251
-
-
total
-
-
-
-
Income
162 500
162 500
162 500
162 500
Total tax
19 455
16 249
38 316
42 633
After tax
143 045
146 251
124 184
119 867
Living cost
28 676
28 676
28 676
28 676
Free-cash
114 369
117 575
95 508
91 191

Estimated living cost  is ₽28676 per week

₽18541
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2162
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.
₽7433
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽45136
-₽45136
₽50252
-₽45136
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
12 934
municipal
-
-
-
33 690
national
-
-
-
18 901
pensions
-
-
-
826
total
-
-
-
66 351
Employee
193 719
193 719
193 719
-
municipal
41 251
41 251
41 251
-
labour market
15 475
15 475
15 475
-
pensions
275
275
275
-
national
23 666
23 666
23 666
-
total
80 667
80 667
80 667
-
Employer
193 719
193 719
193 719
-
national
23 707
23 707
23 707
-
labour market
15 497
15 497
15 497
-
pensions
551
551
551
-
municipal
41 317
41 317
41 317
-
total
81 072
81 072
81 072
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
162 500
162 500
162 500
162 500
Total tax
161 739
161 739
161 739
66 351
After tax
761
761
761
96 149
Living cost
45 897
45 897
45 897
45 897
Free-cash
-45 136
-45 136
-45 136
50 252

Estimated living cost  is ₽45897 per week

₽31412
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4060
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽706
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9718
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽7804
₽67023
₽90147
₽9946
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
162 500
accident
-
-
-
244
income
-
-
-
44 649
other
-
-
-
358
health
-
-
-
2 110
pensions
-
-
-
4 025
total
-
-
-
51 386
Employee
32 983
-
145 835
-
pensions
3 714
-
7 380
-
income
4 525
-
33 767
-
health
3 777
-
16 698
-
total
12 016
-
57 845
-
Employer
32 983
-
145 835
-
pensions
5 363
-
10 657
-
accident
551
-
2 435
-
unemployment
808
-
3 573
-
total
6 722
-
16 665
-
Corporate
122 796
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.

110 516
146 250
-
-
total
110 516
146 250
-
-
Dividends
12 280
16 250
-
-
withholding
2 333
3 087
-
-
total
2 333
3 087
-
-
Income
162 500
162 500
162 500
162 500
Total tax
131 587
149 337
74 510
51 386
After tax
30 913
13 163
87 990
111 114
Living cost
20 967
20 967
20 967
20 967
Free-cash
9 946
-7 804
67 023
90 147

Estimated living cost  is ₽20967 per week

₽15262
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1195
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽393
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4116
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽65545
₽48971
₽68990
₽67808
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
2 104
municipal
-
-
-
28 871
national
-
-
-
25 910
total
-
-
-
56 885
Employee
50 190
-
136 703
-
municipal
8 221
-
22 269
-
unemployment
753
-
2 051
-
pensions
3 387
-
9 227
-
national
829
-
15 852
-
health
375
-
1 707
-
total
13 565
-
51 106
-
Employer
50 190
-
136 703
-
health
386
-
1 052
-
pensions
8 708
-
23 719
-
accident
51
-
138
-
unemployment
326
-
889
-
total
9 471
-
25 798
-
Corporate
102 841
162 500
-
-
income
20 569
32 501
-
-
total
20 569
32 501
-
-
Dividends

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

61 704
97 500
-
-
municipal
11 106
17 549
-
-
national
3 356
10 280
-
-
total
14 462
27 829
-
-
Income
162 500
162 500
162 500
162 500
Total tax
58 067
60 330
76 904
56 885
After tax
104 433
102 170
85 596
105 615
Living cost
36 625
36 625
36 625
36 625
Free-cash
67 808
65 545
48 971
68 990

Estimated living cost  is ₽36625 per week

₽23923
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3523
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽583
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8597
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽96477
₽87814
₽89258
₽91286
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
162 500
income
-
-
-
31 576
social contributions
-
-
-
15 435
health
-
-
-
4 144
total
-
-
-
51 155
Employee
73 355
73 355
151 486
-
social contributions
2 773
6 088
8 212
-
income
7 987
6 790
30 797
-
health
568
1 247
2 576
-
total
11 328
14 125
41 585
-
Employer
73 355
73 355
151 486
-
health
617
1 358
2 802
-
social contributions
2 773
6 088
8 212
-
total
3 390
7 446
11 014
-
Corporate
125 694
81 699
-
-
income
15 712
10 212
-
-
total
15 712
10 212
-
-
Dividends
109 982
71 487
-
-
withholding
18 697
12 153
-
-
total
18 697
12 153
-
-
Income
162 500
162 500
162 500
162 500
Total tax
49 127
43 936
52 599
51 155
After tax
113 373
118 564
109 901
111 345
Living cost
22 087
22 087
22 087
22 087
Free-cash
91 286
96 477
87 814
89 258

Estimated living cost  is ₽22087 per week

₽13237
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2167
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽489
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6195
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽119419
₽102185
₽121318
₽114567
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

  • up to €9,000.00, 60% of the average monthly wage in Montenegro
  • up to €15,000.00, 100% of the average monthly wage in Montenegro
  • in excess of €15,000, 150% of the average monthly wage in Montenegro
-
-
-
162 500
income
-
-
-
16 489
unemployment
-
-
-
27
health
-
-
-
3 452
pensions
-
-
-
6 068
total
-
-
-
26 036
Employee

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

21 897
-
153 177
-
unemployment
109
-
453
-
pensions
3 284
-
13 577
-
income
1 497
-
14 122
-
health
1 861
-
7 694
-
total
6 751
-
35 846
-
Employer

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

21 897
-
153 177
-
health
941
-
3 892
-
pensions
1 204
-
4 978
-
unemployment
109
-
453
-
total
2 254
-
9 323
-
Corporate
138 350
162 500
-
-
income
12 451
14 626
-
-
total
12 451
14 626
-
-
Dividends
125 898
147 874
-
-
withholding
11 331
13 309
-
-
total
11 331
13 309
-
-
Income
162 500
162 500
162 500
162 500
Total tax
32 787
27 935
45 169
26 036
After tax
129 713
134 565
117 331
136 464
Living cost
15 146
15 146
15 146
15 146
Free-cash
114 567
119 419
102 185
121 318

Estimated living cost  is ₽15146 per week

₽9663
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1092
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽451
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3939
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽82149
₽61019
₽65022
₽77938
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
162 500
accident
-
-
-
797
income
-
-
-
44 718
other
-
-
-
89
unemployment
-
-
-
619
pensions
-
-
-
25 022
total
-
-
-
71 245
Employee
35 273
-
134 312
-
other
34
-
89
-
unemployment
547
-
1 370
-
pensions
1 658
-
4 156
-
income
6 800
-
41 443
-
total
9 039
-
47 058
-
Employer
35 273
-
134 312
-
pensions
8 324
-
20 868
-
accident
699
-
1 751
-
unemployment
1 941
-
4 863
-
other
282
-
708
-
total
11 246
-
28 190
-
Corporate
115 981
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.

17 397
24 376
-
-
total
17 397
24 376
-
-
Dividends
98 584
138 124
-
-
withholding
20 647
29 742
-
-
total
20 647
29 742
-
-
Income
162 500
162 500
162 500
162 500
Total tax
58 329
54 118
75 248
71 245
After tax
104 171
108 382
87 252
91 255
Living cost
26 233
26 233
26 233
26 233
Free-cash
77 938
82 149
61 019
65 022

Estimated living cost  is ₽26233 per week

₽17707
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2522
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽460
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5545
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽102689
₽99246
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
162 500
income
-
-
-
55 633
health
-
-
-
978
pensions
-
-
-
1 350
total
-
-
-
57 961
Employee
2 818
-
160 982
-
unemployment
28
-
67
-
pensions
254
-
607
-
income
545
-
55 563
-
health
141
-
337
-
total
968
-
56 574
-
Employer
2 818
-
160 982
-
health
268
-
641
-
pensions
310
-
742
-
unemployment
56
-
135
-
total
634
-
1 518
-
Corporate
159 048
162 500
-
-
income
34 991
35 750
-
-
total
34 991
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
61 404
61 100
58 092
57 961
After tax
101 096
101 400
104 408
104 539
Living cost
1 850
1 850
1 850
1 850
Free-cash
99 246
99 550
102 558
102 689

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
₽100906
₽82706
₽82706
₽96212
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

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

-
-
-
162 500
income
-
-
-
36 640
unemployment
-
-
-
1 058
health
-
-
-
7 263
pensions
-
-
-
18 333
total
-
-
-
63 294
Employee

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

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

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

24 882
-
149 878
-
unemployment
187
-
529
-
pensions
3 483
-
9 872
-
income
3 430
-
36 640
-
health
1 281
-
3 631
-
total
8 381
-
50 672
-
Employer

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

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

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

24 882
-
149 878
-
health
1 281
-
3 631
-
pensions
2 986
-
8 462
-
unemployment
187
-
529
-
total
4 454
-
12 622
-
Corporate
133 165
162 500
-
-
income
19 975
24 375
-
-
total
19 975
24 375
-
-
Dividends
113 190
138 125
-
-
withholding
16 978
20 719
-
-
total
16 978
20 719
-
-
Income
162 500
162 500
162 500
162 500
Total tax
49 788
45 094
63 294
63 294
After tax
112 712
117 406
99 206
99 206
Living cost
16 500
16 500
16 500
16 500
Free-cash
96 212
100 906
82 706
82 706

Estimated living cost  is ₽16500 per week

₽11110
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1276
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.
₽3637
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽66712
₽49343
₽61558
₽66368
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
162 500
income
-
-
-
18 755
surtax
-
-
-
-
social contributions

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

-
-
-
56 469
total
-
-
-
75 224
Employee
37 025
-
131 314
-
surtax
-
-
-
-
social contributions
4 073
-
14 445
-
income
7 235
-
41 808
-
total
11 308
-
56 253
-
Employer
37 025
-
131 314
-
social contributions
8 793
-
31 186
-
total
8 793
-
31 186
-
Corporate
116 682
162 500
-
-
income
24 503
34 124
-
-
surtax
-
-
-
-
total
24 503
34 124
-
-
Dividends
92 179
128 376
-
-
withholding
25 810
35 946
-
-
total
25 810
35 946
-
-
Income
162 500
162 500
162 500
162 500
Total tax
70 414
70 070
87 439
75 224
After tax
92 086
92 430
75 061
87 276
Living cost
25 718
25 718
25 718
25 718
Free-cash
66 368
66 712
49 343
61 558

Estimated living cost  is ₽25718 per week

₽18215
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1787
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.
₽5261
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽74856
₽53726
₽57729
₽68535
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
162 500
accident
-
-
-
797
income
-
-
-
44 718
other
-
-
-
89
unemployment
-
-
-
619
pensions
-
-
-
25 022
total
-
-
-
71 245
Employee
46 072
-
134 312
-
other
45
-
89
-
unemployment
713
-
1 370
-
pensions
2 165
-
4 156
-
income
9 623
-
41 443
-
total
12 546
-
47 058
-
Employer
46 072
-
134 312
-
pensions
10 873
-
20 868
-
accident
912
-
1 751
-
unemployment
2 534
-
4 863
-
other
369
-
708
-
total
14 688
-
28 190
-
Corporate
101 739
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.

15 261
24 376
-
-
total
15 261
24 376
-
-
Dividends
86 478
138 124
-
-
withholding
17 944
29 742
-
-
total
17 944
29 742
-
-
Income
162 500
162 500
162 500
162 500
Total tax
60 439
54 118
75 248
71 245
After tax
102 061
108 382
87 252
91 255
Living cost
33 526
33 526
33 526
33 526
Free-cash
68 535
74 856
53 726
57 729

Estimated living cost  is ₽33526 per week

₽24077
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2607
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.
₽6371
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽122534
₽119142
₽112827
₽116722
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
162 500
income
-
-
-
24 375
unemployment
-
-
-
133
health
-
-
-
3 831
pensions

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

-
-
-
4 930
total
-
-
-
33 269
Employee
21 722
-
155 965
-
accident

We are using the highest rate at 1.1%.

239
-
366
-
pensions

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

1 907
-
2 925
-
income
2 173
-
15 596
-
health
999
-
1 532
-
total
5 318
-
20 419
-
Employer
21 722
-
155 965
-
health
1 499
-
2 298
-
pensions

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

2 394
-
3 671
-
accident

We are using the highest rate at 1.1%.

239
-
366
-
unemployment
130
-
200
-
total
4 262
-
6 535
-
Corporate
136 516
162 500
-
-
income
13 651
16 250
-
-
total
13 651
16 250
-
-
Dividends
122 865
146 250
-
-
withholding
6 143
7 312
-
-
total
6 143
7 312
-
-
Income
162 500
162 500
162 500
162 500
Total tax
29 374
23 562
26 954
33 269
After tax
133 126
138 938
135 546
129 231
Living cost
16 404
16 404
16 404
16 404
Free-cash
116 722
122 534
119 142
112 827

Estimated living cost  is ₽16404 per week

₽10850
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽939
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽391
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4225
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽46807
₽66808
₽49854
₽59288
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
162 500
income

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

-
-
-
49 617
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.

-
-
-
2 728
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.

-
-
-
6 517
trade
-
-
-
16 954
total
-
-
-
75 816
Employee

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

47 465
-
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.

215
-
2 728
-
income

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

3 903
-
49 617
-
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.

6 517
-
6 517
-
total
10 635
-
58 862
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
115 035
162 500
-
-
income
17 256
24 376
-
-
surtax

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

949
1 341
-
-
chamber of commerce
313
384
-
-
trade
16 508
23 319
-
-
total
35 026
49 420
-
-
Dividends
80 009
113 080
-
-
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.

1 081
1 535
-
-
withholding
19 640
27 908
-
-
total
20 721
29 443
-
-
Income
162 500
162 500
162 500
162 500
Total tax
66 382
78 863
58 862
75 816
After tax
96 118
83 637
103 638
86 684
Living cost
36 830
36 830
36 830
36 830
Free-cash
59 288
46 807
66 808
49 854

Estimated living cost  is ₽36830 per week

₽25406
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3963
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽534
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6926
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽59408
₽31942
₽31942
₽61514
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
49 232
social contributions
-
-
-
26 984
total
-
-
-
76 216
Employee
74 621
-
162 500
-
income
14 081
-
49 232
-
social contributions
6 199
-
26 984
-
total
20 280
-
76 216
-
Employer
74 621
-
162 500
-
total
-
-
-
-
Corporate
87 879
162 500
-
-
income
10 985
20 312
-
-
total
10 985
20 312
-
-
Dividends
76 894
142 188
-
-
withholding
15 379
28 438
-
-
total
15 379
28 438
-
-
Income
162 500
162 500
162 500
162 500
Total tax
46 644
48 750
76 216
76 216
After tax
115 856
113 750
86 284
86 284
Living cost
54 342
54 342
54 342
54 342
Free-cash
61 514
59 408
31 942
31 942

Estimated living cost  is ₽54342 per week

₽41342
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4428
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽520
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8052
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽65956
₽81250
₽94892
₽69289
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

We use The Residence Programme or The Global Residence Programme.

-
-
-
162 500
income
-
-
-
27 155
health

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

-
-
-
5 824
total
-
-
-
32 979
Employee
43 762
-
158 112
-
income
4 748
-
37 845
-
social contributions
4 385
-
4 388
-
total
9 133
-
42 233
-
Employer
43 762
-
158 112
-
social contributions
4 385
-
4 388
-
total
4 385
-
4 388
-
Corporate
114 353
162 500
-
-
income
40 024
56 875
-
-
total
40 024
56 875
-
-
Dividends
74 329
105 625
-
-
social contributions
5 040
5 040
-
-
total
5 040
5 040
-
-
Income
162 500
162 500
162 500
162 500
Total tax
58 582
61 915
46 621
32 979
After tax
103 918
100 585
115 879
129 521
Living cost
34 629
34 629
34 629
34 629
Free-cash
69 289
65 956
81 250
94 892

Estimated living cost  is ₽34629 per week

₽22810
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2730
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽530
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8557
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽71704
₽58234
₽72965
₽77297
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
46 030
pensions
-
-
-
8 421
total
-
-
-
54 451
Employee
48 158
-
141 990
-
pensions
3 676
-
10 385
-
income
8 770
-
36 212
-
health
628
-
2 074
-
total
13 074
-
48 671
-
Employer
48 158
-
141 990
-
health
915
-
2 698
-
pensions
4 866
-
17 813
-
total
5 781
-
20 511
-
Corporate
108 561
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.

20 627
30 876
-
-
total
20 627
30 876
-
-
Dividends
87 934
131 624
-
-
withholding
10 637
24 836
-
-
total
10 637
24 836
-
-
Income
162 500
162 500
162 500
162 500
Total tax
50 119
55 712
69 182
54 451
After tax
112 381
106 788
93 318
108 049
Living cost
35 084
35 084
35 084
35 084
Free-cash
77 297
71 704
58 234
72 965

Estimated living cost  is ₽35084 per week

₽24068
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3226
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽439
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7349
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽9880
₽64947
₽88071
₽9628
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
162 500
accident
-
-
-
244
income
-
-
-
44 649
other
-
-
-
358
health
-
-
-
2 110
pensions
-
-
-
4 025
total
-
-
-
51 386
Employee
36 247
-
145 835
-
pensions
4 082
-
7 380
-
income
4 973
-
33 767
-
health
4 150
-
16 698
-
total
13 205
-
57 845
-
Employer
36 247
-
145 835
-
pensions
5 894
-
10 657
-
accident
605
-
2 435
-
unemployment
888
-
3 573
-
total
7 387
-
16 665
-
Corporate
118 866
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.

106 979
146 250
-
-
total
106 979
146 250
-
-
Dividends
11 887
16 250
-
-
withholding
2 258
3 087
-
-
total
2 258
3 087
-
-
Income
162 500
162 500
162 500
162 500
Total tax
129 829
149 337
74 510
51 386
After tax
32 671
13 163
87 990
111 114
Living cost
23 043
23 043
23 043
23 043
Free-cash
9 628
-9 880
64 947
88 071

Estimated living cost  is ₽23043 per week

₽16911
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1343
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽464
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4325
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽123877
₽101975
₽81029
₽119420
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
162 500
income
-
-
-
26 712
unemployment
-
-
-
1 828
work injury
-
-
-
762
health insurance
-
-
-
11 273
pensions
-
-
-
28 029
total
-
-
-
68 604
Employee

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

20 586
-
162 500
-
health insurance
1 523
-
5 636
-
unemployment
247
-
914
-
work injury
103
-
381
-
pensions
3 788
-
14 015
-
income
2 059
-
26 712
-
total
7 720
-
47 658
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
141 914
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%.

1 419
1 625
-
-
total
1 419
1 625
-
-
Dividends
140 494
160 875
-
-
withholding
21 074
24 131
-
-
total
21 074
24 131
-
-
Income
162 500
162 500
162 500
162 500
Total tax
30 213
25 756
47 658
68 604
After tax
132 287
136 744
114 842
93 896
Living cost
12 867
12 867
12 867
12 867
Free-cash
119 420
123 877
101 975
81 029

Estimated living cost  is ₽12867 per week

₽7971
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽935
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽401
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3559
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽47591
₽30927
₽38060
₽43250
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
regional
-
-
-
3 716
municipal
-
-
-
1 086
national
-
-
-
39 840
total
-
-
-
86 437
Employee
80 387
-
162 500
-
municipal
480
-
969
-
national
13 585
-
34 510
-
regional
1 214
-
3 296
-
social contributions
27 106
-
54 795
-
total
42 385
-
93 570
-
Employer
80 387
-
162 500
-
total
-
-
-
-
Corporate
82 113
162 500
-
-
municipal
3 957
7 833
-
-
nationa
19 707
39 000
-
-
total
23 664
46 833
-
-
Dividends
58 449
115 667
-
-
withholding
15 198
30 073
-
-
total
15 198
30 073
-
-
Income
162 500
162 500
162 500
162 500
Total tax
81 247
76 906
93 570
86 437
After tax
81 253
85 594
68 930
76 063
Living cost
38 003
38 003
38 003
38 003
Free-cash
43 250
47 591
30 927
38 060

Estimated living cost  is ₽38003 per week

₽26695
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2614
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽574
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8119
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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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