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
₽53542
₽75001
₽56278
₽63924
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
49 923
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.

-
-
-
2 746
health

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

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

-
-
-
6 410
trade
-
-
-
18 723
total
-
-
-
77 802
Employee

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

35 888
-
162 500
-
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.

55
-
2 746
-
income

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

1 002
-
49 923
-
health

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

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

6 410
-
6 410
-
total
7 467
-
59 079
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
126 612
162 500
-
-
income
18 992
24 375
-
-
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.

1 045
1 341
-
-
chamber of commerce
324
376
-
-
trade
19 941
25 594
-
-
total
40 302
51 686
-
-
Dividends
86 309
110 814
-
-
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.

1 166
1 505
-
-
withholding
21 221
27 347
-
-
total
22 387
28 852
-
-
Income
162 500
162 500
162 500
162 500
Total tax
70 156
80 538
59 079
77 802
After tax
92 344
81 962
103 421
84 698
Living cost
28 420
28 420
28 420
28 420
Free-cash
63 924
53 542
75 001
56 278

Estimated living cost  is ₽28420 per week

₽17877
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3314
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽531
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6699
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

Nationals of Europe, Australia, Canada, Israel, Japan, the Republic of Korea, New Zealand and the USA do not require an entry type D visa (not to confuse with a Schengen visa or a visa-free entry). For other nationals, waiting time is around 6-9 months which includes document preparation and processing.

Source of data for Dresden model

Close
Reykjavik , Iceland
₽51444
₽47386
₽46110
₽50614
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
17 723
national
-
-
-
27 464
pensions
-
-
-
19 500
total
-
-
-
66 434
Employee
77 442
-
140 480
-
municipal
9 565
-
18 352
-
pensions
3 098
-
5 619
-
national
14 822
-
28 439
-
total
27 485
-
52 410
-
Employer
77 442
-
140 480
-
pensions
6 195
-
11 238
-
social contributions
832
-
1 510
-
total
7 027
-
12 748
-
Corporate
72 919
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%.

14 584
32 500
-
-
total
14 584
32 500
-
-
Dividends
58 336
130 000
-
-
withholding
12 834
28 600
-
-
total
12 834
28 600
-
-
Income
162 500
162 500
162 500
162 500
Total tax
61 930
61 100
65 158
66 434
After tax
100 570
101 400
97 342
96 066
Living cost
49 956
49 956
49 956
49 956
Free-cash
50 614
51 444
47 386
46 110

Estimated living cost  is ₽49956 per week

₽33955
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4644
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽748
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10610
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

It is very difficult to get a residence permit on a basis of self-employment for a Third Country National (non-EU/EFTA/Swiss and without a long-term EU resident permit). EU/EFTA nationals and long-term EU resident permit holders can register self-employed and apply for a permanent residence.

Source of data for Reykjavik model

Close
Riga , Latvia
₽110479
₽48406
₽36315
₽102782
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
29 275
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.

-
-
-
35 951
microenterprise
-
-
-
-
total
-
-
-
106 664
Employee
27 418
-
122 126
-
surtax
-
-
17 708
-
social contributions

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

3 016
-
12 300
-
income
4 881
-
24 191
-
total
7 897
-
54 199
-
Employer
27 418
-
122 126
-
social contributions

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

6 604
-
26 939
-
surtax
-
-
13 435
-
total
6 604
-
40 374
-
Corporate
128 478
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%.

25 696
32 500
-
-
total
25 696
32 500
-
-
Dividends

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

102 782
130 000
-
-
total
-
-
-
-
Income
162 500
162 500
162 500
162 500
Total tax
40 197
32 500
94 573
106 664
After tax
122 303
130 000
67 927
55 836
Living cost
19 521
19 521
19 521
19 521
Free-cash
102 782
110 479
48 406
36 315

Estimated living cost  is ₽19521 per week

₽12454
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1859
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽443
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4765
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Riga model

Close
Rotterdam , Netherlands
₽41104
₽61919
₽50601
₽35354
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
50 029
health
-
-
-
11 570
pensions
-
-
-
10 993
total
-
-
-
72 592
Employee
80 127
80 127
145 062
-
pensions
14 423
10 993
10 993
-
income

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

13 116
13 116
21 274
-
health
12 299
10 461
11 570
-
total
39 838
34 570
43 837
-
Employer
80 127
80 127
145 062
-
health
5 570
5 570
6 921
-
pensions
5 577
5 577
6 932
-
unemployment
2 885
2 885
3 584
-
total
14 032
14 032
17 437
-
Corporate
69 324
68 341
-
-
income
13 866
13 668
-
-
total
13 866
13 668
-
-
Dividends
55 459
54 673
-
-
income
11 784
11 618
-
-
withholding
8 319
8 201
-
-
total
20 103
19 819
-
-
Income
162 500
162 500
162 500
162 500
Total tax
87 839
82 089
61 274
72 592
After tax
74 661
80 411
101 226
89 908
Living cost
39 307
39 307
39 307
39 307
Free-cash
35 354
41 104
61 919
50 601

Estimated living cost  is ₽39307 per week

₽27856
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3543
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽625
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7283
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Rotterdam model

Close
Stockholm , Sweden
₽51241
₽45233
₽46143
₽50400
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
164
other
-
-
-
9 546
unemployment
-
-
-
82
health
-
-
-
5 126
municipal
-
-
-
41 360
national
-
-
-
13 714
pensions
-
-
-
8 881
total
-
-
-
78 873
Employee
53 411
-
136 688
-
municipal
15 927
-
40 760
-
national
-
-
13 211
-
total
15 927
-
53 971
-
Employer
53 411
-
136 688
-
health
3 285
-
5 052
-
pensions
5 774
-
8 881
-
accident
107
-
164
-
unemployment
1 410
-
2 169
-
other
6 206
-
9 546
-
total
16 782
-
25 812
-
Corporate
92 307
162 500
-
-
income
20 307
35 750
-
-
total
20 307
35 750
-
-
Dividends
71 999
126 750
-
-
withholding
21 600
38 025
-
-
total
21 600
38 025
-
-
Income
162 500
162 500
162 500
162 500
Total tax
74 616
73 775
79 783
78 873
After tax
87 884
88 725
82 717
83 627
Living cost
37 484
37 484
37 484
37 484
Free-cash
50 400
51 241
45 233
46 143

Estimated living cost  is ₽37484 per week

₽24843
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3678
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽569
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8394
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Stockholm model

Close
Hamburg , Germany
₽44266
₽66560
₽47006
₽57452
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
49 923
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.

-
-
-
2 746
health

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

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

-
-
-
6 410
trade
-
-
-
19 555
total
-
-
-
78 634
Employee

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

47 583
-
162 500
-
surtax

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

224
-
2 746
-
income

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

4 088
-
49 923
-
health

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

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

6 410
-
6 410
-
total
10 722
-
59 079
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
114 917
162 500
-
-
income
17 238
24 375
-
-
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.

947
1 341
-
-
chamber of commerce
306
374
-
-
trade
18 903
26 731
-
-
total
37 394
52 821
-
-
Dividends
77 522
109 680
-
-
surtax

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

1 047
1 489
-
-
withholding
19 024
27 063
-
-
total
20 071
28 552
-
-
Income
162 500
162 500
162 500
162 500
Total tax
68 187
81 373
59 079
78 634
After tax
94 313
81 127
103 421
83 866
Living cost
36 860
36 860
36 860
36 860
Free-cash
57 452
44 266
66 560
47 006

Estimated living cost  is ₽36860 per week

₽24653
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3887
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽550
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7771
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

Nationals of Europe, Australia, Canada, Israel, Japan, the Republic of Korea, New Zealand and the USA do not require an entry type D visa (not to confuse with a Schengen visa or a visa-free entry). For other nationals, waiting time is around 6-9 months which includes document preparation and processing.

Source of data for Hamburg model

Close
Limassol , Cyprus
₽88122
₽79337
₽80775
₽84228
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
31 967
social contributions
-
-
-
15 181
health
-
-
-
4 143
total
-
-
-
51 291
Employee
72 151
72 151
151 619
-
social contributions
3 506
5 988
8 077
-
income
7 576
6 679
31 193
-
health
718
1 227
2 578
-
total
11 800
13 894
41 848
-
Employer
72 151
72 151
151 619
-
health
782
1 335
2 804
-
social contributions
3 506
5 988
8 077
-
total
4 288
7 323
10 881
-
Corporate
115 978
83 025
-
-
income
14 498
10 377
-
-
total
14 498
10 377
-
-
Dividends
101 481
72 648
-
-
withholding
17 252
12 350
-
-
total
17 252
12 350
-
-
Income
162 500
162 500
162 500
162 500
Total tax
47 838
43 944
52 729
51 291
After tax
114 662
118 556
109 771
111 209
Living cost
30 434
30 434
30 434
30 434
Free-cash
84 228
88 122
79 337
80 775

Estimated living cost  is ₽30434 per week

₽20805
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2377
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽511
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6741
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Limassol model

Close
Budapest , Hungary
₽74468
₽77385
₽95754
₽74817
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

24 275
9 661
135 983
-
unemployment
364
145
2 040
-
pensions
2 428
966
13 598
-
income
2 968
1 181
16 624
-
health
1 699
676
9 519
-
total
7 459
2 968
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.

24 275
9 661
135 983
-
pensions
4 734
1 884
26 517
-
total
4 734
1 884
26 517
-
Corporate
133 491
150 955
-
-
income
12 014
13 586
-
-
total
12 014
13 586
-
-
Dividends
121 477
137 369
-
-
social contributions
23 578
26 677
-
-
withholding
23 081
26 100
-
-
total
46 659
52 777
-
-
Income
162 500
162 500
162 500
162 500
Total tax
70 866
71 215
68 298
49 929
After tax
91 634
91 285
94 202
112 571
Living cost
16 817
16 817
16 817
16 817
Free-cash
74 817
74 468
77 385
95 754

Estimated living cost  is ₽16817 per week

₽11476
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1376
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽336
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3629
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Budapest model

Close
Tallinn , Estonia
₽107336
₽70999
₽64436
₽101506
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
21 775
health
-
-
-
21 125
pensions
-
-
-
32 500
total
-
-
-
75 400
Employee
26 618
-
121 450
-
unemployment
426
-
1 943
-
pensions
532
-
2 429
-
income
2 997
-
23 415
-
total
3 955
-
27 787
-
Employer
26 618
-
121 450
-
health
3 460
-
15 789
-
pensions
5 324
-
24 289
-
unemployment
214
-
972
-
total
8 998
-
41 050
-
Corporate
126 884
162 500
-
-
income
25 377
32 500
-
-
total
25 377
32 500
-
-
Dividends
101 507
130 000
-
-
total
-
-
-
-
Income
162 500
162 500
162 500
162 500
Total tax
38 330
32 500
68 837
75 400
After tax
124 170
130 000
93 663
87 100
Living cost
22 664
22 664
22 664
22 664
Free-cash
101 506
107 336
70 999
64 436

Estimated living cost  is ₽22664 per week

₽15545
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1350
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽456
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5313
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Tallinn model

Close
Gdansk , Poland
-₽7785
₽67136
₽90156
₽9950
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
240
income
-
-
-
44 764
other
-
-
-
353
health
-
-
-
2 077
pensions
-
-
-
3 962
total
-
-
-
51 396
Employee
32 952
-
145 994
-
pensions
3 710
-
7 264
-
income
4 521
-
33 930
-
health
3 773
-
16 717
-
total
12 004
-
57 911
-
Employer
32 952
-
145 994
-
pensions
5 358
-
10 490
-
accident
550
-
2 438
-
unemployment
807
-
3 577
-
total
6 715
-
16 505
-
Corporate
122 832
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.

110 549
146 250
-
-
total
110 549
146 250
-
-
Dividends
12 283
16 250
-
-
withholding
2 334
3 087
-
-
total
2 334
3 087
-
-
Income
162 500
162 500
162 500
162 500
Total tax
131 602
149 337
74 416
51 396
After tax
30 898
13 163
88 084
111 104
Living cost
20 948
20 948
20 948
20 948
Free-cash
9 950
-7 785
67 136
90 156

Estimated living cost  is ₽20948 per week

₽15353
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1161
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽437
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3997
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

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

Source of data for Gdansk model

Close
Batumi , Georgia
₽146814
₽122439
₽153314
₽145396
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
9 450
-
162 500
-
income
1 890
-
32 500
-
total
1 890
-
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%.

153 050
162 500
-
-
total
-
-
-
-
Dividends
153 050
162 500
-
-
withholding
7 653
8 125
-
-
total
7 653
8 125
-
-
Income
162 500
162 500
162 500
162 500
Total tax
9 543
8 125
32 500
1 625
After tax
152 957
154 375
130 000
160 875
Living cost
7 561
7 561
7 561
7 561
Free-cash
145 396
146 814
122 439
153 314

Estimated living cost  is ₽7561 per week

₽4685
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽628
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽208
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2039
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

Social security system in Georgia is financed from the government taxes which are part of our internal model. Separate pension and medical insurance contributions are not compulsory. It is advisable to purchase health insurance privately as in an event of medical emergency the treatment is likely to get costly.

Source of data for Batumi model

Close
Bratislava , Slovakia
₽94386
₽67165
₽65369
₽88053
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
24 829
other
-
-
-
6 777
health
-
-
-
6 278
pensions

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

-
-
-
34 245
total
-
-
-
72 129
Employee
34 069
-
129 792
-
unemployment
340
-
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.

2 384
-
9 086
-
income
5 865
-
25 427
-
health
477
-
1 816
-
total
9 066
-
37 627
-
Employer
34 069
-
129 792
-
health
477
-
1 816
-
pensions

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

5 792
-
22 065
-
accident
272
-
1 038
-
unemployment
340
-
1 298
-
other
1 704
-
6 489
-
total
8 585
-
32 706
-
Corporate
119 845
162 500
-
-
income
25 167
34 125
-
-
total
25 167
34 125
-
-
Dividends
94 678
128 375
-
-
withholding
6 627
8 987
-
-
total
6 627
8 987
-
-
Income
162 500
162 500
162 500
162 500
Total tax
49 445
43 112
70 333
72 129
After tax
113 055
119 388
92 167
90 371
Living cost
25 002
25 002
25 002
25 002
Free-cash
88 053
94 386
67 165
65 369

Estimated living cost  is ₽25002 per week

₽17665
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1688
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽402
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5246
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Bratislava model

Close
London , United Kingdom
₽43965
₽30543
₽45266
₽46194
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
46 167
pensions
-
-
-
8 381
total
-
-
-
54 548
Employee
88 691
-
141 977
-
pensions
8 556
-
10 328
-
income
15 987
-
36 351
-
health
1 461
-
2 069
-
total
26 004
-
48 748
-
Employer
88 691
-
141 977
-
health
1 684
-
2 698
-
pensions
10 472
-
17 825
-
total
12 156
-
20 523
-
Corporate
61 653
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.

11 715
30 875
-
-
total
11 715
30 875
-
-
Dividends
49 938
131 625
-
-
withholding
3 745
24 974
-
-
total
3 745
24 974
-
-
Income
162 500
162 500
162 500
162 500
Total tax
53 620
55 849
69 271
54 548
After tax
108 880
106 651
93 229
107 952
Living cost
62 686
62 686
62 686
62 686
Free-cash
46 194
43 965
30 543
45 266

Estimated living cost  is ₽62686 per week

₽46972
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽7365
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽510
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7840
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details

Additional information

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

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

Source of data for London model

Close
Varna , Bulgaria
₽126638
₽123421
₽117077
₽122282
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
131
health
-
-
-
3 768
pensions

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

-
-
-
4 850
total
-
-
-
33 124
Employee
16 286
-
156 071
-
accident

We are using the highest rate at 1.1%.

179
-
360
-
pensions

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

1 430
-
2 877
-
income
1 628
-
15 607
-
health
749
-
1 507
-
total
3 986
-
20 351
-
Employer
16 286
-
156 071
-
health
1 124
-
2 261
-
pensions

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

1 795
-
3 611
-
accident

We are using the highest rate at 1.1%.

179
-
360
-
unemployment
97
-
197
-
total
3 195
-
6 429
-
Corporate
143 018
162 500
-
-
income
14 302
16 250
-
-
total
14 302
16 250
-
-
Dividends
128 716
146 250
-
-
withholding
6 436
7 313
-
-
total
6 436
7 313
-
-
Income
162 500
162 500
162 500
162 500
Total tax
27 919
23 563
26 780
33 124
After tax
134 581
138 937
135 720
129 376
Living cost
12 299
12 299
12 299
12 299
Free-cash
122 282
126 638
123 421
117 077

Estimated living cost  is ₽12299 per week

₽7181
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽878
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽326
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3915
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Varna model

Close
Amsterdam , Netherlands
₽28381
₽49196
₽37878
₽30742
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
50 029
health
-
-
-
11 570
pensions
-
-
-
10 993
total
-
-
-
72 592
Employee
86 993
80 127
145 062
-
pensions
10 993
10 993
10 993
-
income

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

13 116
13 116
21 274
-
health
10 853
10 461
11 570
-
total
34 962
34 570
43 837
-
Employer
86 993
80 127
145 062
-
health
6 045
5 570
6 921
-
pensions
6 054
5 577
6 932
-
unemployment
3 132
2 885
3 584
-
total
15 231
14 032
17 437
-
Corporate
60 276
68 341
-
-
income
12 055
13 668
-
-
total
12 055
13 668
-
-
Dividends
48 221
54 673
-
-
income
10 247
11 618
-
-
withholding
7 233
8 201
-
-
total
17 480
19 819
-
-
Income
162 500
162 500
162 500
162 500
Total tax
79 728
82 089
61 274
72 592
After tax
82 772
80 411
101 226
89 908
Living cost
52 030
52 030
52 030
52 030
Free-cash
30 742
28 381
49 196
37 878

Estimated living cost  is ₽52030 per week

₽38381
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4647
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽597
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8406
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Amsterdam model

Close
Brno , Czech Republic
₽88870
₽61214
₽68323
₽80661
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
16 118
social contributions
-
-
-
33 111
solidarity contribution
-
-
-
-
health
-
-
-
21 937
total
-
-
-
71 166
Employee
33 839
-
123 075
-
solidarity contribution
-
-
-
-
social contributions
2 200
-
7 371
-
income
4 061
-
14 863
-
health
4 568
-
16 615
-
total
10 829
-
38 849
-
Employer
33 839
-
123 075
-
health
3 045
-
11 077
-
social contributions
8 460
-
28 349
-
total
11 505
-
39 426
-
Corporate
117 156
162 500
-
-
income
22 260
30 875
-
-
total
22 260
30 875
-
-
Dividends
94 896
131 625
-
-
withholding
14 234
19 744
-
-
total
14 234
19 744
-
-
Income
162 500
162 500
162 500
162 500
Total tax
58 828
50 619
78 275
71 166
After tax
103 672
111 881
84 225
91 334
Living cost
23 011
23 011
23 011
23 011
Free-cash
80 661
88 870
61 214
68 323

Estimated living cost  is ₽23011 per week

₽15983
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1637
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽453
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4938
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Brno model

Close
Milan , Italy
₽47106
₽30892
₽38235
₽42207
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
162 500
social contributions
-
-
-
41 794
regional
-
-
-
1 915
municipal
-
-
-
965
national
-
-
-
39 998
total
-
-
-
84 672
Employee
83 391
-
162 500
-
municipal
442
-
862
-
national
14 450
-
34 668
-
regional
787
-
1 690
-
social contributions
28 119
-
54 795
-
total
43 798
-
92 015
-
Employer
83 391
-
162 500
-
total
-
-
-
-
Corporate
79 109
162 500
-
-
municipal
3 086
6 337
-
-
nationa
18 987
39 001
-
-
total
22 073
45 338
-
-
Dividends
57 037
117 162
-
-
withholding
14 829
30 463
-
-
total
14 829
30 463
-
-
Income
162 500
162 500
162 500
162 500
Total tax
80 700
75 801
92 015
84 672
After tax
81 800
86 699
70 485
77 828
Living cost
39 593
39 593
39 593
39 593
Free-cash
42 207
47 106
30 892
38 235

Estimated living cost  is ₽39593 per week

₽27599
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2596
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽607
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8789
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Milan model

Close
Thessaloniki , Greece
₽81507
₽50492
₽56229
₽78588
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
44 581
other
-
-
-
-
surtax
-
-
-
6 834
unemployment
-
-
-
214
health
-
-
-
8 891
pensions
-
-
-
25 046
total
-
-
-
85 566
Employee
31 029
-
136 140
-
other
-
-
-
-
unemployment
2 160
-
8 716
-
pensions
2 069
-
8 353
-
surtax
101
-
5 712
-
income
5 201
-
38 969
-
health
792
-
3 193
-
total
10 323
-
64 943
-
Employer
31 029
-
136 140
-
health
1 412
-
5 698
-
pensions
4 136
-
16 693
-
unemployment
983
-
3 969
-
other
-
-
-
-
total
6 531
-
26 360
-
Corporate
124 940
162 500
-
-
income
32 484
42 250
-
-
total
32 484
42 250
-
-
Dividends
92 456
120 250
-
-
withholding
13 869
18 038
-
-
total
13 869
18 038
-
-
Income
162 500
162 500
162 500
162 500
Total tax
63 207
60 288
91 303
85 566
After tax
99 293
102 212
71 197
76 934
Living cost
20 705
20 705
20 705
20 705
Free-cash
78 588
81 507
50 492
56 229

Estimated living cost  is ₽20705 per week

₽12660
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1911
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽477
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5657
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details

Source of data for Thessaloniki model

Close
Cambridge , United Kingdom
₽63826
₽50404
₽65127
₽70019
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
46 167
pensions
-
-
-
8 381
total
-
-
-
54 548
Employee
59 438
-
141 977
-
pensions
5 045
-
10 328
-
income
10 705
-
36 351
-
health
863
-
2 069
-
total
16 613
-
48 748
-
Employer
59 438
-
141 977
-
health
1 129
-
2 698
-
pensions
6 434
-
17 825
-
total
7 563
-
20 523
-
Corporate
95 498
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.

18 145
30 875
-
-
total
18 145
30 875
-
-
Dividends
77 354
131 625
-
-
withholding
7 335
24 974
-
-
total
7 335
24 974
-
-
Income
162 500
162 500
162 500
162 500
Total tax
49 656
55 849
69 271
54 548
After tax
112 844
106 651
93 229
107 952
Living cost
42 825
42 825
42 825
42 825
Free-cash
70 019
63 826
50 404
65 127

Estimated living cost  is ₽42825 per week

₽32084
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3210
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽448
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7082
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details

Additional information

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

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

Source of data for Cambridge model

Close
Zurich , Switzerland
₽222
₽50222
₽57886
₽31921
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
162 500
other

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

-
-
-
3 250
regional
-
-
-
7 809
health
-
-
-
365
city
-
-
-
1 713
national
-
-
-
2 441
pensions
-
-
-
14 950
total
-
-
-
30 528
Employee
86 700
-
145 447
-
unemployment
-
-
-
-
pensions
7 284
-
12 216
-
national
410
-
1 888
-
regional
2 839
-
6 747
-
city
930
-
1 562
-
health
196
-
327
-
total
11 659
-
22 740
-
Employer
86 700
-
145 447
-
health
196
-
327
-
pensions
7 284
-
12 216
-
unemployment
-
-
-
-
other

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

1 733
-
2 909
-
total
9 213
-
15 452
-
Corporate
65 634
162 500
-
-
regional
13 881
34 368
-
-
national
5 579
13 812
-
-
total
19 460
48 180
-
-
Dividends
46 174
114 319
-
-
withholding
16 161
40 012
-
-
total
16 161
40 012
-
-
Income
162 500
162 500
162 500
162 500
Total tax
56 493
88 192
38 192
30 528
After tax
106 007
74 308
124 308
131 972
Living cost
74 086
74 086
74 086
74 086
Free-cash
31 921
222
50 222
57 886

Estimated living cost  is ₽74086 per week

₽48177
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽6648
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽910
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽18351
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details

Additional information

It is extremely rare that a Third Country National (non-EU/EFTA/Swiss and without a long-term EU resident permit) is given a residence permit based on self-employment.

Source of data for Zurich model

Close
Munich , Germany
₽37309
₽60437
₽40051
₽52523
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
49 923
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.

-
-
-
2 746
health

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

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

-
-
-
6 410
trade
-
-
-
20 386
total
-
-
-
79 465
Employee

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

56 390
-
162 500
-
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.

365
-
2 746
-
income

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

6 631
-
49 923
-
health

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

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

6 410
-
6 410
-
total
13 406
-
59 079
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
106 110
162 500
-
-
income
15 917
24 375
-
-
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.

876
1 341
-
-
chamber of commerce
292
370
-
-
trade
18 198
27 868
-
-
total
35 283
53 954
-
-
Dividends
70 827
108 546
-
-
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.

954
1 473
-
-
withholding
17 350
26 780
-
-
total
18 304
28 253
-
-
Income
162 500
162 500
162 500
162 500
Total tax
66 993
82 207
59 079
79 465
After tax
95 507
80 293
103 421
83 035
Living cost
42 984
42 984
42 984
42 984
Free-cash
52 523
37 309
60 437
40 051

Estimated living cost  is ₽42984 per week

₽31394
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3438
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽559
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7594
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

Nationals of Europe, Australia, Canada, Israel, Japan, the Republic of Korea, New Zealand and the USA do not require an entry type D visa (not to confuse with a Schengen visa or a visa-free entry). For other nationals, waiting time is around 6-9 months which includes document preparation and processing.

Source of data for Munich model

Close
Nice , France
₽49796
₽57493
₽59516
₽55338
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
25 190
other
-
-
-
5 037
surtax
-
-
-
-
social contributions
-
-
-
4 630
health
-
-
-
6 784
pensions
-
-
-
29 240
total
-
-
-
70 881
Employee
40 158
-
126 072
-
pensions
4 541
-
8 638
-
surtax
-
-
-
-
social contributions
1 145
-
3 593
-
income
2 370
-
24 246
-
total
8 056
-
36 477
-
Employer
40 158
-
126 072
-
health
2 812
-
11 513
-
pensions
6 597
-
14 566
-
unemployment
1 626
-
5 107
-
social contributions
121
-
377
-
other
1 385
-
4 864
-
total
12 541
-
36 427
-
Corporate
109 801
162 500
-
-
income
30 744
45 500
-
-
surtax
-
-
-
-
total
30 744
45 500
-
-
Dividends
79 057
117 000
-
-
surtax
-
-
-
-
social contributions
13 599
20 124
-
-
withholding
10 119
14 977
-
-
total
23 718
35 101
-
-
Income
162 500
162 500
162 500
162 500
Total tax
75 059
80 601
72 904
70 881
After tax
87 441
81 899
89 596
91 619
Living cost
32 103
32 103
32 103
32 103
Free-cash
55 338
49 796
57 493
59 516

Estimated living cost  is ₽32103 per week

₽20242
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2610
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽547
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8705
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Nice model

Close
Marseille , France
₽52977
₽60674
₽62697
₽58192
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
25 190
other
-
-
-
5 037
surtax
-
-
-
-
social contributions
-
-
-
4 630
health
-
-
-
6 784
pensions
-
-
-
29 240
total
-
-
-
70 881
Employee
35 847
-
126 072
-
pensions
4 054
-
8 638
-
surtax
-
-
-
-
social contributions
1 022
-
3 593
-
income
1 848
-
24 246
-
total
6 924
-
36 477
-
Employer
35 847
-
126 072
-
health
2 509
-
11 513
-
pensions
5 890
-
14 566
-
unemployment
1 451
-
5 107
-
social contributions
107
-
377
-
other
1 238
-
4 864
-
total
11 195
-
36 427
-
Corporate
115 459
162 500
-
-
income
32 329
45 500
-
-
surtax
-
-
-
-
total
32 329
45 500
-
-
Dividends
83 130
117 000
-
-
surtax
-
-
-
-
social contributions
14 297
20 124
-
-
withholding
10 641
14 977
-
-
total
24 938
35 101
-
-
Income
162 500
162 500
162 500
162 500
Total tax
75 386
80 601
72 904
70 881
After tax
87 114
81 899
89 596
91 619
Living cost
28 922
28 922
28 922
28 922
Free-cash
58 192
52 977
60 674
62 697

Estimated living cost  is ₽28922 per week

₽16773
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2938
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽548
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8663
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Marseille model

Close
Vilnius , Lithuania
₽79243
₽81193
₽84462
₽79730
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
social contributions
-
-
-
22 425
health
-
-
-
11 342
total
-
-
-
58 142
Employee
31 814
-
162 500
-
social contributions
4 391
-
22 425
-
income
5 306
-
27 644
-
health
2 220
-
11 342
-
total
11 917
-
61 411
-
Employer
31 814
-
162 500
-
total
-
-
-
-
Corporate
130 686
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%.

6 535
8 125
-
-
total
6 535
8 125
-
-
Dividends
124 151
154 375
-
-
social contributions
17 133
21 303
-
-
withholding
18 623
23 157
-
-
health
8 666
10 776
-
-
total
44 422
55 236
-
-
Income
162 500
162 500
162 500
162 500
Total tax
62 874
63 361
61 411
58 142
After tax
99 626
99 139
101 089
104 358
Living cost
19 896
19 896
19 896
19 896
Free-cash
79 730
79 243
81 193
84 462

Estimated living cost  is ₽19896 per week

₽13315
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1227
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽458
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4895
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Vilnius model

Close
Vienna , Austria
₽56875
₽10052
₽50333
₽55423
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
43 851
surtax
-
-
-
185
unemployment
-
-
-
5 755
chamber of commerce
-
-
-
650
health
-
-
-
8 385
pensions
-
-
-
20 279
total
-
-
-
79 105
Employee
46 892
37 393
129 327
-
other
468
374
1 097
-
unemployment
1 407
1 122
3 289
-
pensions
4 802
3 828
11 225
-
income
5 338
2 758
34 920
-
health
1 814
1 448
4 241
-
total
13 829
9 530
54 772
-
Employer
46 892
37 393
129 327
-
chamber of commerce
187
150
518
-
health
1 772
1 414
4 143
-
pensions
5 885
4 694
13 757
-
accident
609
486
1 424
-
unemployment
1 407
1 122
3 289
-
surtax
185
185
185
-
payroll
1 407
1 122
3 880
-
other
2 228
1 775
5 976
-
total
13 680
10 948
33 172
-
Corporate
101 929
114 160
125 766
-
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.

25 482
28 540
31 442
-
total
25 482
28 540
31 442
-
Dividends
76 447
85 620
-
-
withholding
21 024
23 545
-
-
total
21 024
23 545
-
-
Income
162 500
162 500
162 500
162 500
Total tax
74 015
72 563
119 386
79 105
After tax
88 485
89 937
43 114
83 395
Living cost
33 062
33 062
33 062
33 062
Free-cash
55 423
56 875
10 052
50 333

Estimated living cost  is ₽33062 per week

₽22051
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2820
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽543
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7648
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

As a Third Country National (non-EU/EFTA/Swiss and without a long-term EU resident permit), you can apply for permanent residence when your business creates macroeconomic benefit. This could be an investment starting from €100,000, creating new jobs or securing existing ones, or making a substantial contribution to the region's economy. You can also be considered with a transfer of know-how to Austria or an evident commitment to develop an innovative product or technology.

Source of data for Vienna model

Close
Brussels , Belgium
₽56675
₽23155
₽36220
₽42604
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
8 346
social contributions
-
-
-
23 393
national
-
-
-
60 329
total
-
-
-
92 068
Employee

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

67 117
-
125 860
-
unemployment

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

584
-
1 095
-
communal

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

3 501
-
6 565
-
pensions

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

5 034
-
9 439
-
national
20 635
-
45 480
-
health

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

3 153
-
5 915
-
total
32 907
-
68 494
-
Employer

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

67 117
-
125 860
-
health

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

4 127
-
7 740
-
pensions

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

5 947
-
11 152
-
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.

872
-
1 636
-
unemployment

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

979
-
1 838
-
surtax
7 610
-
14 273
-
total
19 535
-
36 639
-
Corporate
75 846
162 500
-
-
income
15 169
32 500
-
-
surtax
303
650
-
-
total
15 472
33 150
-
-
Dividends
60 374
129 350
-
-
withholding

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

17 770
38 463
-
-
total
17 770
38 463
-
-
Income
162 500
162 500
162 500
162 500
Total tax
85 684
71 613
105 133
92 068
After tax
76 816
90 887
57 367
70 432
Living cost
34 212
34 212
34 212
34 212
Free-cash
42 604
56 675
23 155
36 220

Estimated living cost  is ₽34212 per week

₽22037
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2991
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽536
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8648
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Brussels model

Close
Barcelona , Spain
₽74464
₽53402
₽57339
₽67972
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
783
income
-
-
-
45 184
other
-
-
-
87
unemployment
-
-
-
609
pensions
-
-
-
24 612
total
-
-
-
71 275
Employee
46 707
-
134 774
-
other
46
-
87
-
unemployment
725
-
1 348
-
pensions
2 195
-
4 088
-
income
9 855
-
41 963
-
total
12 821
-
47 486
-
Employer
46 707
-
134 774
-
pensions
11 022
-
20 525
-
accident
924
-
1 722
-
unemployment
2 569
-
4 783
-
other
372
-
696
-
total
14 887
-
27 726
-
Corporate
100 906
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.

15 135
24 375
-
-
total
15 135
24 375
-
-
Dividends
85 771
138 125
-
-
withholding
17 799
29 775
-
-
total
17 799
29 775
-
-
Income
162 500
162 500
162 500
162 500
Total tax
60 642
54 150
75 212
71 275
After tax
101 858
108 350
87 288
91 225
Living cost
33 886
33 886
33 886
33 886
Free-cash
67 972
74 464
53 402
57 339

Estimated living cost  is ₽33886 per week

₽24953
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2404
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽488
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6040
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Barcelona model

Close
Luxembourg , Luxembourg
₽44243
₽36141
₽29663
₽32389
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
10 271
accident
-
-
-
1 369
income
-
-
-
26 377
surtax
-
-
-
8 055
health
-
-
-
11 417
pensions
-
-
-
24 357
total
-
-
-
81 846
Employee
71 057
-
145 152
-
pensions
5 684
-
11 611
-
surtax
4 355
-
8 896
-
income
6 863
-
31 055
-
health
3 162
-
6 460
-
total
20 064
-
58 022
-
Employer
71 057
-
145 152
-
health
2 167
-
4 428
-
pensions
5 684
-
11 611
-
accident
639
-
1 307
-
total
8 490
-
17 346
-
Corporate
82 953
162 500
-
-
communal
5 600
10 969
-
-
income
12 443
24 375
-
-
surtax
871
1 706
-
-
total
18 914
37 050
-
-
Dividends
64 039
125 451
-
-
income
22 046
11 399
-
-
withholding
9 606
18 817
-
-
total
31 652
30 216
-
-
Income
162 500
162 500
162 500
162 500
Total tax
79 120
67 266
75 368
81 846
After tax
83 380
95 234
87 132
80 654
Living cost
50 991
50 991
50 991
50 991
Free-cash
32 389
44 243
36 141
29 663

Estimated living cost  is ₽50991 per week

₽38251
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3089
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽540
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9110
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Luxembourg model

Close
Athens , Greece
₽81137
₽50122
₽55859
₽78153
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
44 581
other
-
-
-
-
surtax
-
-
-
6 834
unemployment
-
-
-
214
health
-
-
-
8 891
pensions
-
-
-
25 046
total
-
-
-
85 566
Employee
31 599
-
136 140
-
other
-
-
-
-
unemployment
2 199
-
8 716
-
pensions
2 108
-
8 353
-
surtax
112
-
5 712
-
income
5 297
-
38 969
-
health
807
-
3 193
-
total
10 523
-
64 943
-
Employer
31 599
-
136 140
-
health
1 437
-
5 698
-
pensions
4 213
-
16 693
-
unemployment
1 002
-
3 969
-
other
-
-
-
-
total
6 652
-
26 360
-
Corporate
124 249
162 500
-
-
income
32 304
42 250
-
-
total
32 304
42 250
-
-
Dividends
91 945
120 250
-
-
withholding
13 793
18 038
-
-
total
13 793
18 038
-
-
Income
162 500
162 500
162 500
162 500
Total tax
63 272
60 288
91 303
85 566
After tax
99 228
102 212
71 197
76 934
Living cost
21 075
21 075
21 075
21 075
Free-cash
78 153
81 137
50 122
55 859

Estimated living cost  is ₽21075 per week

₽12724
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1832
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽490
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6031
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details

Source of data for Athens model

Close
Naples , Italy
₽60136
₽44713
₽52016
₽58053
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
162 500
social contributions
-
-
-
41 794
regional
-
-
-
2 451
municipal
-
-
-
965
national
-
-
-
39 998
total
-
-
-
85 208
Employee
52 049
-
162 500
-
municipal
276
-
862
-
national
8 246
-
34 668
-
regional
701
-
2 186
-
social contributions
17 551
-
54 795
-
total
26 774
-
92 511
-
Employer
52 049
-
162 500
-
total
-
-
-
-
Corporate
110 451
162 500
-
-
municipal
5 490
8 077
-
-
nationa
26 508
39 001
-
-
total
31 998
47 078
-
-
Dividends
78 453
115 422
-
-
withholding
20 399
30 010
-
-
total
20 399
30 010
-
-
Income
162 500
162 500
162 500
162 500
Total tax
79 171
77 088
92 511
85 208
After tax
83 329
85 412
69 989
77 292
Living cost
25 276
25 276
25 276
25 276
Free-cash
58 053
60 136
44 713
52 016

Estimated living cost  is ₽25276 per week

₽15719
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2561
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽433
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6563
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Naples model

Close
Prague , Czech Republic
₽83526
₽55870
₽62979
₽73410
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
16 118
social contributions
-
-
-
33 111
solidarity contribution
-
-
-
-
health
-
-
-
21 937
total
-
-
-
71 166
Employee
41 699
-
123 075
-
solidarity contribution
-
-
-
-
social contributions
2 710
-
7 371
-
income
5 004
-
14 863
-
health
5 629
-
16 615
-
total
13 343
-
38 849
-
Employer
41 699
-
123 075
-
health
3 753
-
11 077
-
social contributions
10 425
-
28 349
-
total
14 178
-
39 426
-
Corporate
106 624
162 500
-
-
income
20 259
30 875
-
-
total
20 259
30 875
-
-
Dividends
86 365
131 625
-
-
withholding
12 955
19 744
-
-
total
12 955
19 744
-
-
Income
162 500
162 500
162 500
162 500
Total tax
60 735
50 619
78 275
71 166
After tax
101 765
111 881
84 225
91 334
Living cost
28 355
28 355
28 355
28 355
Free-cash
73 410
83 526
55 870
62 979

Estimated living cost  is ₽28355 per week

₽21087
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1571
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽491
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5207
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Prague model

Close
Graz , Austria
₽60102
₽13228
₽53645
₽59640
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
43 851
surtax
-
-
-
-
unemployment
-
-
-
5 755
chamber of commerce
-
-
-
650
health
-
-
-
8 385
pensions
-
-
-
20 279
total
-
-
-
78 920
Employee
41 016
37 393
129 502
-
other
410
374
1 097
-
unemployment
1 230
1 122
3 289
-
pensions
4 200
3 828
11 225
-
income
3 654
2 758
35 003
-
health
1 587
1 448
4 241
-
total
11 081
9 530
54 855
-
Employer
41 016
37 393
129 502
-
chamber of commerce
164
150
518
-
health
1 551
1 414
4 143
-
pensions
5 148
4 694
13 757
-
accident
532
486
1 424
-
unemployment
1 230
1 122
3 289
-
surtax
-
-
-
-
payroll
1 230
1 122
3 885
-
other
1 948
1 775
5 981
-
total
11 803
10 763
32 997
-
Corporate
109 680
114 345
125 941
-
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.

27 420
28 586
31 485
-
total
27 420
28 586
31 485
-
Dividends
82 261
85 759
-
-
withholding
22 621
23 584
-
-
total
22 621
23 584
-
-
Income
162 500
162 500
162 500
162 500
Total tax
72 925
72 463
119 337
78 920
After tax
89 575
90 037
43 163
83 580
Living cost
29 935
29 935
29 935
29 935
Free-cash
59 640
60 102
13 228
53 645

Estimated living cost  is ₽29935 per week

₽17957
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3057
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽534
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8387
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

As a Third Country National (non-EU/EFTA/Swiss and without a long-term EU resident permit), you can apply for permanent residence when your business creates macroeconomic benefit. This could be an investment starting from €100,000, creating new jobs or securing existing ones, or making a substantial contribution to the region's economy. You can also be considered with a transfer of know-how to Austria or an evident commitment to develop an innovative product or technology.

Source of data for Graz model

Close
Tbilisi , Georgia
₽142593
₽118218
₽149093
₽140383
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
14 727
-
162 500
-
income
2 946
-
32 500
-
total
2 946
-
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%.

147 773
162 500
-
-
total
-
-
-
-
Dividends
147 773
162 500
-
-
withholding
7 389
8 125
-
-
total
7 389
8 125
-
-
Income
162 500
162 500
162 500
162 500
Total tax
10 335
8 125
32 500
1 625
After tax
152 165
154 375
130 000
160 875
Living cost
11 782
11 782
11 782
11 782
Free-cash
140 383
142 593
118 218
149 093

Estimated living cost  is ₽11782 per week

₽7973
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽495
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽395
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2919
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

Social security system in Georgia is financed from the government taxes which are part of our internal model. Separate pension and medical insurance contributions are not compulsory. It is advisable to purchase health insurance privately as in an event of medical emergency the treatment is likely to get costly.

Source of data for Tbilisi model

Close
Ljubljana , Slovenia
₽86714
₽50036
₽54340
₽78865
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
37 082
unemployment
-
-
-
244
health
-
-
-
15 990
pensions
-
-
-
29 677
total
-
-
-
82 993
Employee

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

41 492
-
140 607
-
unemployment
59
-
198
-
pensions
6 432
-
21 795
-
income
7 155
-
34 330
-
health
2 680
-
9 083
-
total
16 326
-
65 406
-
Employer

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

41 492
-
140 607
-
health
2 764
-
9 364
-
pensions
3 672
-
12 443
-
unemployment
25
-
84
-
total
6 461
-
21 891
-
Corporate
114 548
162 500
-
-
income
21 764
30 876
-
-
total
21 764
30 876
-
-
Dividends
92 783
131 624
-
-
withholding
13 917
19 743
-
-
total
13 917
19 743
-
-
Income
162 500
162 500
162 500
162 500
Total tax
58 468
50 619
87 297
82 993
After tax
104 032
111 881
75 203
79 507
Living cost
25 167
25 167
25 167
25 167
Free-cash
78 865
86 714
50 036
54 340

Estimated living cost  is ₽25167 per week

₽17272
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1613
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽488
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5796
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Ljubljana model

Close
Oslo , Norway
₽58785
₽110200
₽72220
₽14602
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
162 500
income
-
-
-
31 675
social contributions
-
-
-
18 525
total
-
-
-
50 200
Employee
57 469
-
-
-
social contributions
4 712
-
672
-
income
12 676
-
-
-
total
17 388
-
672
-
Employer
57 469
-
-
-
social contributions
81 031
-
11 548
-
total
81 031
-
11 548
-
Corporate
24 000
162 500
-
-
income
5 280
35 750
-
-
total
5 280
35 750
-
-
Dividends
18 720
126 750
-
-
income
4 119
27 885
-
-
total
4 119
27 885
-
-
Income
162 500
162 500
162 500
162 500
Total tax
107 818
63 635
12 220
50 200
After tax
54 682
98 865
150 280
112 300
Living cost
40 080
40 080
40 080
40 080
Free-cash
14 602
58 785
110 200
72 220

Estimated living cost  is ₽40080 per week

₽26005
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3769
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽511
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9794
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Oslo model

Close
Lisbon , Portugal
₽62998
₽45453
₽57756
₽62054
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
18 844
surtax
-
-
-
-
social contributions

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

-
-
-
56 468
total
-
-
-
75 312
Employee
43 155
-
131 313
-
surtax
-
-
-
-
social contributions
4 747
-
14 444
-
income
8 976
-
41 984
-
total
13 723
-
56 428
-
Employer
43 155
-
131 313
-
social contributions
10 249
-
31 187
-
total
10 249
-
31 187
-
Corporate
109 096
162 500
-
-
income
22 909
34 125
-
-
surtax
-
-
-
-
total
22 909
34 125
-
-
Dividends
86 187
128 375
-
-
withholding
24 133
35 945
-
-
total
24 133
35 945
-
-
Income
162 500
162 500
162 500
162 500
Total tax
71 014
70 070
87 615
75 312
After tax
91 486
92 430
74 885
87 188
Living cost
29 432
29 432
29 432
29 432
Free-cash
62 054
62 998
45 453
57 756

Estimated living cost  is ₽29432 per week

₽22021
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1736
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽491
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5183
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Lisbon model

Close
Paris , France
₽36580
₽44277
₽46300
₽43030
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
25 190
other
-
-
-
5 037
surtax
-
-
-
-
social contributions
-
-
-
4 630
health
-
-
-
6 784
pensions
-
-
-
29 240
total
-
-
-
70 881
Employee
58 768
-
126 072
-
pensions
6 647
-
8 638
-
surtax
-
-
-
-
social contributions
1 674
-
3 593
-
income
5 128
-
24 246
-
total
13 449
-
36 477
-
Employer
58 768
-
126 072
-
health
4 113
-
11 513
-
pensions
9 656
-
14 566
-
unemployment
2 381
-
5 107
-
social contributions
176
-
377
-
other
2 028
-
4 864
-
total
18 354
-
36 427
-
Corporate
85 378
162 500
-
-
income
23 906
45 500
-
-
surtax
-
-
-
-
total
23 906
45 500
-
-
Dividends
61 471
117 000
-
-
surtax
-
-
-
-
social contributions
10 573
20 124
-
-
withholding
7 869
14 977
-
-
total
18 442
35 101
-
-
Income
162 500
162 500
162 500
162 500
Total tax
74 151
80 601
72 904
70 881
After tax
88 349
81 899
89 596
91 619
Living cost
45 319
45 319
45 319
45 319
Free-cash
43 030
36 580
44 277
46 300

Estimated living cost  is ₽45319 per week

₽30671
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3707
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽621
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10319
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Paris model

Close
Andorra , Andorra
₽118045
₽95888
₽91570
₽114894
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
6 976
social contributions
-
-
-
35 749
total
-
-
-
42 725
Employee
30 166
-
140 693
-
income
-
-
7 457
-
social contributions
1 960
-
9 143
-
total
1 960
-
16 600
-
Employer
30 166
-
140 693
-
social contributions
4 676
-
21 807
-
total
4 676
-
21 807
-
Corporate
127 659
162 500
-
-
income
12 765
16 250
-
-
total
12 765
16 250
-
-
Dividends
114 893
146 250
-
-
total
-
-
-
-
Income
162 500
162 500
162 500
162 500
Total tax
19 401
16 250
38 407
42 725
After tax
143 099
146 250
124 093
119 775
Living cost
28 205
28 205
28 205
28 205
Free-cash
114 894
118 045
95 888
91 570

Estimated living cost  is ₽28205 per week

₽18237
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2126
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽531
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7311
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

Andorra has a limit of 1000 sole-trade resident permits per year, so while it isn't complicated to obtain one, it may get difficult by the end of the term.

Source of data for Andorra model

Close
Copenhagen , Denmark
-₽41926
-₽41926
₽50812
-₽41926
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
12 935
municipal
-
-
-
33 767
national
-
-
-
18 986
pensions
-
-
-
813
total
-
-
-
66 501
Employee
190 722
190 722
190 722
-
municipal
40 613
40 613
40 613
-
labour market
15 236
15 236
15 236
-
pensions
271
271
271
-
national
23 300
23 300
23 300
-
total
79 420
79 420
79 420
-
Employer
190 722
190 722
190 722
-
national
23 341
23 341
23 341
-
labour market
15 258
15 258
15 258
-
pensions
542
542
542
-
municipal
40 678
40 678
40 678
-
total
79 819
79 819
79 819
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
162 500
162 500
162 500
162 500
Total tax
159 239
159 239
159 239
66 501
After tax
3 261
3 261
3 261
95 999
Living cost
45 187
45 187
45 187
45 187
Free-cash
-41 926
-41 926
-41 926
50 812

Estimated living cost  is ₽45187 per week

₽30926
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3997
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽695
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9568
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Copenhagen model

Close
Krakow , Poland
-₽7476
₽67445
₽90465
₽9995
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
240
income
-
-
-
44 764
other
-
-
-
353
health
-
-
-
2 077
pensions
-
-
-
3 962
total
-
-
-
51 396
Employee
32 466
-
145 994
-
pensions
3 656
-
7 264
-
income
4 454
-
33 930
-
health
3 718
-
16 717
-
total
11 828
-
57 911
-
Employer
32 466
-
145 994
-
pensions
5 279
-
10 490
-
accident
542
-
2 438
-
unemployment
796
-
3 577
-
total
6 617
-
16 505
-
Corporate
123 417
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.

111 076
146 250
-
-
total
111 076
146 250
-
-
Dividends
12 341
16 250
-
-
withholding
2 345
3 087
-
-
total
2 345
3 087
-
-
Income
162 500
162 500
162 500
162 500
Total tax
131 866
149 337
74 416
51 396
After tax
30 634
13 163
88 084
111 104
Living cost
20 639
20 639
20 639
20 639
Free-cash
9 995
-7 476
67 445
90 465

Estimated living cost  is ₽20639 per week

₽15023
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1177
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽387
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4052
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

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

Source of data for Krakow model

Close
Helsinki , Finland
₽65974
₽49400
₽69191
₽68264
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
2 110
municipal
-
-
-
28 871
national
-
-
-
26 304
total
-
-
-
57 285
Employee
49 366
-
136 704
-
municipal
8 086
-
22 268
-
unemployment
741
-
2 051
-
pensions
3 332
-
9 227
-
national
816
-
16 021
-
health
369
-
1 713
-
total
13 344
-
51 280
-
Employer
49 366
-
136 704
-
health
379
-
1 052
-
pensions
8 565
-
23 718
-
accident
50
-
137
-
unemployment
321
-
889
-
total
9 315
-
25 796
-
Corporate
103 819
162 500
-
-
income
20 764
32 500
-
-
total
20 764
32 500
-
-
Dividends

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

62 292
97 500
-
-
municipal
11 212
17 550
-
-
national
3 577
10 452
-
-
total
14 789
28 002
-
-
Income
162 500
162 500
162 500
162 500
Total tax
58 212
60 502
77 076
57 285
After tax
104 288
101 998
85 424
105 215
Living cost
36 024
36 024
36 024
36 024
Free-cash
68 264
65 974
49 400
69 191

Estimated living cost  is ₽36024 per week

₽23531
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3465
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽573
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8456
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

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

Source of data for Helsinki model

Close
Larnaca , Cyprus
₽96832
₽88047
₽89485
₽91724
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
31 967
social contributions
-
-
-
15 181
health
-
-
-
4 143
total
-
-
-
51 291
Employee
72 151
72 151
151 619
-
social contributions
2 728
5 988
8 077
-
income
7 856
6 679
31 193
-
health
559
1 227
2 578
-
total
11 143
13 894
41 848
-
Employer
72 151
72 151
151 619
-
health
607
1 335
2 804
-
social contributions
2 728
5 988
8 077
-
total
3 335
7 323
10 881
-
Corporate
126 298
83 025
-
-
income
15 787
10 377
-
-
total
15 787
10 377
-
-
Dividends
110 511
72 648
-
-
withholding
18 787
12 350
-
-
total
18 787
12 350
-
-
Income
162 500
162 500
162 500
162 500
Total tax
49 052
43 944
52 729
51 291
After tax
113 448
118 556
109 771
111 209
Living cost
21 724
21 724
21 724
21 724
Free-cash
91 724
96 832
88 047
89 485

Estimated living cost  is ₽21724 per week

₽13020
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2131
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽481
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6093
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Larnaca model

Close
Podgorica , Montenegro
₽119671
₽102881
₽121701
₽114895
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
16 510
unemployment
-
-
-
27
health
-
-
-
3 396
pensions
-
-
-
5 969
total
-
-
-
25 902
Employee

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

21 537
-
153 330
-
unemployment
107
-
445
-
pensions
3 230
-
13 355
-
income
1 473
-
14 184
-
health
1 830
-
7 568
-
total
6 640
-
35 552
-
Employer

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

21 537
-
153 330
-
health
926
-
3 828
-
pensions
1 184
-
4 897
-
unemployment
107
-
445
-
total
2 217
-
9 170
-
Corporate
138 746
162 500
-
-
income
12 487
14 624
-
-
total
12 487
14 624
-
-
Dividends
126 258
147 876
-
-
withholding
11 364
13 308
-
-
total
11 364
13 308
-
-
Income
162 500
162 500
162 500
162 500
Total tax
32 708
27 932
44 722
25 902
After tax
129 792
134 568
117 778
136 598
Living cost
14 897
14 897
14 897
14 897
Free-cash
114 895
119 671
102 881
121 701

Estimated living cost  is ₽14897 per week

₽9505
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1074
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽443
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3875
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Podgorica model

Close
Valencia , Spain
₽82548
₽61486
₽65423
₽78403
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
783
income
-
-
-
45 184
other
-
-
-
87
unemployment
-
-
-
609
pensions
-
-
-
24 612
total
-
-
-
71 275
Employee
34 695
-
134 774
-
other
34
-
87
-
unemployment
538
-
1 348
-
pensions
1 631
-
4 088
-
income
6 689
-
41 963
-
total
8 892
-
47 486
-
Employer
34 695
-
134 774
-
pensions
8 187
-
20 525
-
accident
687
-
1 722
-
unemployment
1 909
-
4 783
-
other
278
-
696
-
total
11 061
-
27 726
-
Corporate
116 744
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.

17 512
24 375
-
-
total
17 512
24 375
-
-
Dividends
99 232
138 125
-
-
withholding
20 830
29 775
-
-
total
20 830
29 775
-
-
Income
162 500
162 500
162 500
162 500
Total tax
58 295
54 150
75 212
71 275
After tax
104 205
108 350
87 288
91 225
Living cost
25 802
25 802
25 802
25 802
Free-cash
78 403
82 548
61 486
65 423

Estimated living cost  is ₽25802 per week

₽17416
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2480
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽452
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5454
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Valencia model

Close
Istanbul , Turkey
₽99500
₽102474
₽102609
₽99188
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
55 600
health
-
-
-
1 005
pensions
-
-
-
1 386
total
-
-
-
57 991
Employee
2 894
-
160 941
-
unemployment
29
-
69
-
pensions
260
-
624
-
income
560
-
55 527
-
health
145
-
347
-
total
994
-
56 567
-
Employer
2 894
-
160 941
-
health
275
-
658
-
pensions
318
-
762
-
unemployment
58
-
139
-
total
651
-
1 559
-
Corporate
158 954
162 500
-
-
income
34 970
35 750
-
-
total
34 970
35 750
-
-
Dividends
123 984
126 750
-
-
withholding
24 797
25 350
-
-
total
24 797
25 350
-
-
Income
162 500
162 500
162 500
162 500
Total tax
61 412
61 100
58 126
57 991
After tax
101 088
101 400
104 374
104 509
Living cost
1 900
1 900
1 900
1 900
Free-cash
99 188
99 500
102 474
102 609

Estimated living cost  is ₽1900 per week

₽1129
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽154
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽44
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽573
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details

Source of data for Istanbul model

Close
Belgrade , Serbia
₽101210
₽83429
₽83429
₽96602
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
36 713
unemployment
-
-
-
1 038
health
-
-
-
7 129
pensions
-
-
-
17 995
total
-
-
-
62 875
Employee

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

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

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

24 423
-
150 111
-
unemployment
183
-
519
-
pensions
3 419
-
9 690
-
income
3 367
-
36 713
-
health
1 258
-
3 564
-
total
8 227
-
50 486
-
Employer

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

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

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

24 423
-
150 111
-
health
1 258
-
3 564
-
pensions
2 931
-
8 306
-
unemployment
183
-
519
-
total
4 372
-
12 389
-
Corporate
133 705
162 500
-
-
income
20 056
24 375
-
-
total
20 056
24 375
-
-
Dividends
113 649
138 125
-
-
withholding
17 047
20 719
-
-
total
17 047
20 719
-
-
Income
162 500
162 500
162 500
162 500
Total tax
49 702
45 094
62 875
62 875
After tax
112 798
117 406
99 625
99 625
Living cost
16 196
16 196
16 196
16 196
Free-cash
96 602
101 210
83 429
83 429

Estimated living cost  is ₽16196 per week

₽10905
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1253
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽469
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3570
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Belgrade model

Close
Porto , Portugal
₽67134
₽49589
₽61892
₽66797
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
18 844
surtax
-
-
-
-
social contributions

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

-
-
-
56 468
total
-
-
-
75 312
Employee
36 418
-
131 313
-
surtax
-
-
-
-
social contributions
4 006
-
14 444
-
income
7 116
-
41 984
-
total
11 122
-
56 428
-
Employer
36 418
-
131 313
-
social contributions
8 648
-
31 187
-
total
8 648
-
31 187
-
Corporate
117 434
162 500
-
-
income
24 661
34 125
-
-
surtax
-
-
-
-
total
24 661
34 125
-
-
Dividends
92 772
128 375
-
-
withholding
25 976
35 945
-
-
total
25 976
35 945
-
-
Income
162 500
162 500
162 500
162 500
Total tax
70 407
70 070
87 615
75 312
After tax
92 093
92 430
74 885
87 188
Living cost
25 296
25 296
25 296
25 296
Free-cash
66 797
67 134
49 589
61 892

Estimated living cost  is ₽25296 per week

₽17916
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1757
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽449
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5174
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Porto model

Close
Madrid , Spain
₽75374
₽54312
₽58249
₽69199
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
783
income
-
-
-
45 184
other
-
-
-
87
unemployment
-
-
-
609
pensions
-
-
-
24 612
total
-
-
-
71 275
Employee
45 316
-
134 774
-
other
45
-
87
-
unemployment
702
-
1 348
-
pensions
2 130
-
4 088
-
income
9 465
-
41 963
-
total
12 342
-
47 486
-
Employer
45 316
-
134 774
-
pensions
10 694
-
20 525
-
accident
897
-
1 722
-
unemployment
2 493
-
4 783
-
other
363
-
696
-
total
14 447
-
27 726
-
Corporate
102 736
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.

15 411
24 375
-
-
total
15 411
24 375
-
-
Dividends
87 325
138 125
-
-
withholding
18 125
29 775
-
-
total
18 125
29 775
-
-
Income
162 500
162 500
162 500
162 500
Total tax
60 325
54 150
75 212
71 275
After tax
102 175
108 350
87 288
91 225
Living cost
32 976
32 976
32 976
32 976
Free-cash
69 199
75 374
54 312
58 249

Estimated living cost  is ₽32976 per week

₽23682
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2564
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽465
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6266
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Madrid model

Close
Sofia , Bulgaria
₽122800
₽119583
₽113239
₽117083
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
131
health
-
-
-
3 768
pensions

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

-
-
-
4 850
total
-
-
-
33 124
Employee
21 368
-
156 071
-
accident

We are using the highest rate at 1.1%.

235
-
360
-
pensions

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

1 876
-
2 877
-
income
2 137
-
15 607
-
health
983
-
1 507
-
total
5 231
-
20 351
-
Employer
21 368
-
156 071
-
health
1 475
-
2 261
-
pensions

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

2 355
-
3 611
-
accident

We are using the highest rate at 1.1%.

235
-
360
-
unemployment
128
-
197
-
total
4 193
-
6 429
-
Corporate
136 940
162 500
-
-
income
13 694
16 250
-
-
total
13 694
16 250
-
-
Dividends
123 246
146 250
-
-
withholding
6 162
7 313
-
-
total
6 162
7 313
-
-
Income
162 500
162 500
162 500
162 500
Total tax
29 280
23 563
26 780
33 124
After tax
133 220
138 937
135 720
129 376
Living cost
16 137
16 137
16 137
16 137
Free-cash
117 083
122 800
119 583
113 239

Estimated living cost  is ₽16137 per week

₽10673
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽924
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽385
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4156
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Sofia model

Close
Berlin , Germany
₽47409
₽67196
₽50138
₽59685
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
49 923
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.

-
-
-
2 746
health

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

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

-
-
-
6 410
trade
-
-
-
17 058
total
-
-
-
76 137
Employee

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

46 686
-
162 500
-
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.

212
-
2 746
-
income

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

3 839
-
49 923
-
health

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

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

6 410
-
6 410
-
total
10 461
-
59 079
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
115 814
162 500
-
-
income
17 372
24 375
-
-
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.

956
1 341
-
-
chamber of commerce
312
381
-
-
trade
16 618
23 319
-
-
total
35 258
49 416
-
-
Dividends
80 556
113 085
-
-
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.

1 088
1 535
-
-
withholding
19 783
27 915
-
-
total
20 871
29 450
-
-
Income
162 500
162 500
162 500
162 500
Total tax
66 590
78 866
59 079
76 137
After tax
95 910
83 634
103 421
86 363
Living cost
36 225
36 225
36 225
36 225
Free-cash
59 685
47 409
67 196
50 138

Estimated living cost  is ₽36225 per week

₽24989
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3898
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽525
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6813
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

Nationals of Europe, Australia, Canada, Israel, Japan, the Republic of Korea, New Zealand and the USA do not require an entry type D visa (not to confuse with a Schengen visa or a visa-free entry). For other nationals, waiting time is around 6-9 months which includes document preparation and processing.

Source of data for Berlin model

Close
Dublin , Ireland
₽60299
₽32514
₽32514
₽62371
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
49 490
social contributions
-
-
-
27 046
total
-
-
-
76 536
Employee
73 396
-
162 500
-
income
13 850
-
49 490
-
social contributions
6 098
-
27 046
-
total
19 948
-
76 536
-
Employer
73 396
-
162 500
-
total
-
-
-
-
Corporate
89 104
162 500
-
-
income
11 138
20 313
-
-
total
11 138
20 313
-
-
Dividends
77 966
142 187
-
-
withholding
15 593
28 438
-
-
total
15 593
28 438
-
-
Income
162 500
162 500
162 500
162 500
Total tax
46 679
48 751
76 536
76 536
After tax
115 821
113 749
85 964
85 964
Living cost
53 450
53 450
53 450
53 450
Free-cash
62 371
60 299
32 514
32 514

Estimated living cost  is ₽53450 per week

₽40664
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4355
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽511
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7920
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

To obtain permanent residence for non EEA/Swiss nationals, it is required to invest a huge amount - at least €1 million aggregate investment into a new or an existing Irish business, for a minimum of three years.

Source of data for Dublin model

Close
Sliema , Malta
₽66608
₽81649
₽96043
₽69884
S + D Salary + Dividends

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

Dividends

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

Salary

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

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

-
-
-
5 687
total
-
-
-
32 396
Employee
43 044
-
158 184
-
income
4 671
-
38 158
-
social contributions
4 313
-
4 316
-
total
8 984
-
42 474
-
Employer
43 044
-
158 184
-
social contributions
4 313
-
4 316
-
total
4 313
-
4 316
-
Corporate
115 143
162 500
-
-
income
40 301
56 874
-
-
total
40 301
56 874
-
-
Dividends
74 843
105 626
-
-
social contributions
4 957
4 957
-
-
total
4 957
4 957
-
-
Income
162 500
162 500
162 500
162 500
Total tax
58 555
61 831
46 790
32 396
After tax
103 945
100 669
115 710
130 104
Living cost
34 061
34 061
34 061
34 061
Free-cash
69 884
66 608
81 649
96 043

Estimated living cost  is ₽34061 per week

₽22436
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2685
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽522
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8417
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Sliema model

Close
Edinburgh , United Kingdom
₽71836
₽58414
₽73137
₽77387
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
46 167
pensions
-
-
-
8 381
total
-
-
-
54 548
Employee
47 789
-
141 977
-
pensions
3 648
-
10 328
-
income
8 703
-
36 351
-
health
623
-
2 069
-
total
12 974
-
48 748
-
Employer
47 789
-
141 977
-
health
908
-
2 698
-
pensions
4 828
-
17 825
-
total
5 736
-
20 523
-
Corporate
108 974
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.

20 704
30 875
-
-
total
20 704
30 875
-
-
Dividends
88 270
131 625
-
-
withholding
10 884
24 974
-
-
total
10 884
24 974
-
-
Income
162 500
162 500
162 500
162 500
Total tax
50 298
55 849
69 271
54 548
After tax
112 202
106 651
93 229
107 952
Living cost
34 815
34 815
34 815
34 815
Free-cash
77 387
71 836
58 414
73 137

Estimated living cost  is ₽34815 per week

₽23883
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3202
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽436
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7293
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details

Additional information

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

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

Source of data for Edinburgh model

Close
Warsaw , Poland
-₽9519
₽65402
₽88422
₽9684
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
240
income
-
-
-
44 764
other
-
-
-
353
health
-
-
-
2 077
pensions
-
-
-
3 962
total
-
-
-
51 396
Employee
35 680
-
145 994
-
pensions
4 018
-
7 264
-
income
4 895
-
33 930
-
health
4 085
-
16 717
-
total
12 998
-
57 911
-
Employer
35 680
-
145 994
-
pensions
5 801
-
10 490
-
accident
596
-
2 438
-
unemployment
874
-
3 577
-
total
7 271
-
16 505
-
Corporate
119 549
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.

107 594
146 250
-
-
total
107 594
146 250
-
-
Dividends
11 955
16 250
-
-
withholding
2 271
3 087
-
-
total
2 271
3 087
-
-
Income
162 500
162 500
162 500
162 500
Total tax
130 134
149 337
74 416
51 396
After tax
32 366
13 163
88 084
111 104
Living cost
22 682
22 682
22 682
22 682
Free-cash
9 684
-9 519
65 402
88 422

Estimated living cost  is ₽22682 per week

₽16646
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1322
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽457
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4257
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

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

Source of data for Warsaw model

Close
Skopje , Macedonia
₽124067
₽102436
₽81800
₽119677
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
26 750
unemployment
-
-
-
1 801
work injury
-
-
-
750
health insurance
-
-
-
11 106
pensions
-
-
-
27 616
total
-
-
-
68 023
Employee

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

20 283
-
162 500
-
health insurance
1 501
-
5 553
-
unemployment
243
-
901
-
work injury
101
-
375
-
pensions
3 732
-
13 808
-
income
2 028
-
26 750
-
total
7 605
-
47 387
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
142 217
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%.

1 422
1 625
-
-
total
1 422
1 625
-
-
Dividends
140 795
160 875
-
-
withholding
21 119
24 131
-
-
total
21 119
24 131
-
-
Income
162 500
162 500
162 500
162 500
Total tax
30 146
25 756
47 387
68 023
After tax
132 354
136 744
115 113
94 477
Living cost
12 677
12 677
12 677
12 677
Free-cash
119 677
124 067
102 436
81 800

Estimated living cost  is ₽12677 per week

₽7853
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽921
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽395
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3507
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Skopje model

Close
Rome , Italy
₽48213
₽31389
₽38523
₽43946
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
162 500
social contributions
-
-
-
41 794
regional
-
-
-
3 719
municipal
-
-
-
1 086
national
-
-
-
39 998
total
-
-
-
86 597
Employee
79 067
-
162 500
-
municipal
472
-
969
-
national
13 362
-
34 668
-
regional
1 194
-
3 299
-
social contributions
26 661
-
54 795
-
total
41 689
-
93 731
-
Employer
79 067
-
162 500
-
total
-
-
-
-
Corporate
83 433
162 500
-
-
municipal
4 021
7 833
-
-
nationa
20 023
39 001
-
-
total
24 044
46 834
-
-
Dividends
59 389
115 666
-
-
withholding
15 441
30 073
-
-
total
15 441
30 073
-
-
Income
162 500
162 500
162 500
162 500
Total tax
81 174
76 907
93 731
86 597
After tax
81 326
85 593
68 769
75 903
Living cost
37 380
37 380
37 380
37 380
Free-cash
43 946
48 213
31 389
38 523

Estimated living cost  is ₽37380 per week

₽26257
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2571
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽564
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7986
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Rome model

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