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
₽55744
₽74042
₽62821
₽51800
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
trade
-
-
-
18 298
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.

-
-
-
6 807
income

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

-
-
-
48 788
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.

-
-
-
2 683
total
-
-
-
76 576
Employee

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

38 110
-
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.

59
-
2 683
-
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.

1 065
-
48 788
-
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.

6 807
-
6 807
-
total
7 931
-
58 278
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
124 390
162 500
-
-
trade
19 591
25 594
-
-
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.

1 027
1 341
-
-
income
18 659
24 375
-
-
chamber of commerce
331
384
-
-
total
39 608
51 694
-
-
Dividends
84 782
110 806
-
-
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.

1 144
1 503
-
-
withholding
20 816
27 323
-
-
total
21 960
28 826
-
-
Income
162 500
162 500
162 500
162 500
Total tax
69 499
80 520
58 278
76 576
After tax
93 001
81 980
104 222
85 924
Living cost
30 180
30 180
30 180
30 180
Free-cash
62 821
51 800
74 042
55 744

Estimated living cost  is ₽30180 per week

₽18984
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3519
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽563
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7113
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽45807
₽47083
₽50284
₽51120
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
17 715
national
-
-
-
27 451
pensions
-
-
-
19 500
total
-
-
-
66 413
Employee
77 943
-
140 480
-
pensions
3 118
-
5 619
-
national
14 918
-
28 426
-
municipal
9 627
-
18 344
-
total
27 663
-
52 389
-
Employer
77 943
-
140 480
-
pensions
6 235
-
11 238
-
social contributions
838
-
1 510
-
total
7 073
-
12 748
-
Corporate
72 339
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%.

14 468
32 500
-
-
total
14 468
32 500
-
-
Dividends
57 871
130 000
-
-
withholding
12 732
28 600
-
-
total
12 732
28 600
-
-
Income
162 500
162 500
162 500
162 500
Total tax
61 936
61 100
65 137
66 413
After tax
100 564
101 400
97 363
96 087
Living cost
50 280
50 280
50 280
50 280
Free-cash
50 284
51 120
47 083
45 807

Estimated living cost  is ₽50280 per week

₽34175
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4674
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽753
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10679
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽34229
₽45739
₽101097
₽109271
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
social contributions

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

-
-
-
38 176
income
-
-
-
27 928
microenterprise
-
-
-
-
surtax
-
-
-
41 438
total
-
-
-
107 542
Employee
29 115
-
120 625
-
income
5 183
-
23 605
-
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.

3 203
-
13 062
-
surtax
-
-
17 490
-
total
8 386
-
54 157
-
Employer
29 115
-
120 625
-
social contributions

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

7 013
-
28 607
-
surtax
-
-
13 268
-
total
7 013
-
41 875
-
Corporate
126 372
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%.

25 275
32 500
-
-
total
25 275
32 500
-
-
Dividends

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

101 097
130 000
-
-
total
-
-
-
-
Income
162 500
162 500
162 500
162 500
Total tax
40 674
32 500
96 032
107 542
After tax
121 826
130 000
66 468
54 958
Living cost
20 729
20 729
20 729
20 729
Free-cash
101 097
109 271
45 739
34 229

Estimated living cost  is ₽20729 per week

₽13225
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1974
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽471
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5060
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽48878
₽58374
₽32414
₽38519
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
162 500
health
-
-
-
12 287
income
-
-
-
47 921
pensions
-
-
-
11 674
total
-
-
-
71 882
Employee
85 088
85 088
143 983
-
income

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

13 928
13 928
19 908
-
pensions
15 316
11 674
11 674
-
health
13 060
11 109
12 287
-
total
42 304
36 711
43 869
-
Employer
85 088
85 088
143 983
-
pensions
5 922
5 922
7 361
-
health
5 915
5 915
7 350
-
unemployment
3 063
3 063
3 806
-
total
14 900
14 900
18 517
-
Corporate
63 556
62 512
-
-
income
12 710
12 502
-
-
total
12 710
12 502
-
-
Dividends
50 846
50 010
-
-
withholding
7 628
7 501
-
-
income
10 804
10 627
-
-
total
18 432
18 128
-
-
Income
162 500
162 500
162 500
162 500
Total tax
88 346
82 241
62 386
71 882
After tax
74 154
80 259
100 114
90 618
Living cost
41 740
41 740
41 740
41 740
Free-cash
32 414
38 519
58 374
48 878

Estimated living cost  is ₽41740 per week

₽29580
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3763
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽664
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7734
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽45596
₽44669
₽49632
₽50490
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
9 737
unemployment
-
-
-
84
accident
-
-
-
168
municipal
-
-
-
41 218
health
-
-
-
5 229
national
-
-
-
13 175
pensions
-
-
-
9 058
total
-
-
-
78 669
Employee
54 481
-
136 171
-
national
-
-
12 661
-
municipal
16 246
-
40 606
-
total
16 246
-
53 267
-
Employer
54 481
-
136 171
-
pensions
5 889
-
9 058
-
other
6 331
-
9 737
-
accident
109
-
168
-
health
3 351
-
5 154
-
unemployment
1 438
-
2 212
-
total
17 118
-
26 329
-
Corporate
90 901
162 500
-
-
income
19 998
35 750
-
-
total
19 998
35 750
-
-
Dividends
70 903
126 750
-
-
withholding
21 271
38 025
-
-
total
21 271
38 025
-
-
Income
162 500
162 500
162 500
162 500
Total tax
74 633
73 775
79 596
78 669
After tax
87 867
88 725
82 904
83 831
Living cost
38 235
38 235
38 235
38 235
Free-cash
49 632
50 490
44 669
45 596

Estimated living cost  is ₽38235 per week

₽25341
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3752
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽581
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8562
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽45969
₽65080
₽56003
₽42004
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
trade
-
-
-
19 111
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.

-
-
-
6 807
income

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

-
-
-
48 788
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.

-
-
-
2 683
total
-
-
-
77 389
Employee

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

50 529
-
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.

238
-
2 683
-
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.

4 341
-
48 788
-
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.

6 807
-
6 807
-
total
11 386
-
58 278
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
111 971
162 500
-
-
trade
18 419
26 731
-
-
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.

925
1 341
-
-
income
16 796
24 375
-
-
chamber of commerce
310
382
-
-
total
36 450
52 829
-
-
Dividends
75 521
109 672
-
-
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.

1 017
1 486
-
-
withholding
18 502
27 039
-
-
total
19 519
28 525
-
-
Income
162 500
162 500
162 500
162 500
Total tax
67 355
81 354
58 278
77 389
After tax
95 145
81 146
104 222
85 111
Living cost
39 142
39 142
39 142
39 142
Free-cash
56 003
42 004
65 080
45 969

Estimated living cost  is ₽39142 per week

₽26179
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4128
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽584
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8252
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽79404
₽77935
₽82137
₽86271
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
16 121
health
-
-
-
4 143
income
-
-
-
30 514
total
-
-
-
50 778
Employee
76 618
76 618
151 127
-
income
8 046
7 093
29 726
-
social contributions
3 723
6 359
8 577
-
health
762
1 303
2 570
-
total
12 531
14 755
40 873
-
Employer
76 618
76 618
151 127
-
health
830
1 418
2 797
-
social contributions
3 723
6 359
8 577
-
total
4 553
7 777
11 374
-
Corporate
113 098
78 105
-
-
income
14 138
9 762
-
-
total
14 138
9 762
-
-
Dividends
98 960
68 343
-
-
withholding
16 823
11 617
-
-
total
16 823
11 617
-
-
Income
162 500
162 500
162 500
162 500
Total tax
48 045
43 911
52 247
50 778
After tax
114 455
118 589
110 253
111 722
Living cost
32 318
32 318
32 318
32 318
Free-cash
82 137
86 271
77 935
79 404

Estimated living cost  is ₽32318 per week

₽22093
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2524
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.
₽7159
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽94214
₽75845
₽73343
₽72960
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
unemployment
-
-
-
2 438
health
-
-
-
11 375
income
-
-
-
19 866
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.

26 499
10 546
135 983
-
income
3 239
1 289
16 624
-
pensions
2 650
1 055
13 598
-
unemployment
397
158
2 040
-
health
1 855
738
9 519
-
total
8 141
3 240
41 781
-
Employer

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

The minimum wage is 138,000 HUF per month.

26 499
10 546
135 983
-
pensions
5 167
2 056
26 517
-
total
5 167
2 056
26 517
-
Corporate
130 834
149 897
-
-
income
11 775
13 491
-
-
total
11 775
13 491
-
-
Dividends
119 059
136 407
-
-
social contributions
23 096
26 479
-
-
withholding
22 621
25 917
-
-
total
45 717
52 396
-
-
Income
162 500
162 500
162 500
162 500
Total tax
70 800
71 183
68 298
49 929
After tax
91 700
91 317
94 202
112 571
Living cost
18 357
18 357
18 357
18 357
Free-cash
73 343
72 960
75 845
94 214

Estimated living cost  is ₽18357 per week

₽12527
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1502
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽367
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3961
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽63033
₽69594
₽99743
₽105933
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
162 500
health
-
-
-
21 125
income
-
-
-
21 775
pensions
-
-
-
32 500
total
-
-
-
75 400
Employee
28 266
-
121 450
-
income
3 182
-
23 414
-
pensions
565
-
2 430
-
unemployment
452
-
1 944
-
total
4 199
-
27 788
-
Employer
28 266
-
121 450
-
pensions
5 654
-
24 290
-
health
3 674
-
15 789
-
unemployment
227
-
972
-
total
9 555
-
41 051
-
Corporate
124 679
162 500
-
-
income
24 936
32 500
-
-
total
24 936
32 500
-
-
Dividends
99 743
130 000
-
-
total
-
-
-
-
Income
162 500
162 500
162 500
162 500
Total tax
38 690
32 500
68 839
75 400
After tax
123 810
130 000
93 661
87 100
Living cost
24 067
24 067
24 067
24 067
Free-cash
99 743
105 933
69 594
63 033

Estimated living cost  is ₽24067 per week

₽16507
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1433
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽484
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5642
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Tallinn model

Close
Gdansk , Poland
₽89179
₽65845
₽9794
-₽8793
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
370
accident
-
-
-
252
health
-
-
-
2 176
income
-
-
-
44 416
pensions
-
-
-
4 152
total
-
-
-
51 366
Employee
34 536
-
145 510
-
income
4 738
-
33 436
-
pensions
3 889
-
7 614
-
health
3 954
-
16 661
-
total
12 581
-
57 711
-
Employer
34 536
-
145 510
-
pensions
5 616
-
10 994
-
accident
577
-
2 430
-
unemployment
846
-
3 565
-
total
7 039
-
16 989
-
Corporate
120 926
162 500
-
-
income

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

108 833
146 250
-
-
total
108 833
146 250
-
-
Dividends
12 093
16 250
-
-
withholding
2 298
3 088
-
-
total
2 298
3 088
-
-
Income
162 500
162 500
162 500
162 500
Total tax
130 751
149 338
74 700
51 366
After tax
31 749
13 162
87 800
111 134
Living cost
21 955
21 955
21 955
21 955
Free-cash
9 794
-8 793
65 845
89 179

Estimated living cost  is ₽21955 per week

₽16091
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1216
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.
₽4190
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽151912
₽121037
₽143732
₽145412
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
11 203
-
162 500
-
income
2 240
-
32 500
-
total
2 240
-
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%.

151 297
162 500
-
-
total
-
-
-
-
Dividends
151 297
162 500
-
-
withholding
7 565
8 125
-
-
total
7 565
8 125
-
-
Income
162 500
162 500
162 500
162 500
Total tax
9 805
8 125
32 500
1 625
After tax
152 695
154 375
130 000
160 875
Living cost
8 963
8 963
8 963
8 963
Free-cash
143 732
145 412
121 037
151 912

Estimated living cost  is ₽8963 per week

₽5554
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽745
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽246
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2417
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽61870
₽65861
₽86109
₽92839
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
7 197
health
-
-
-
6 667
income
-
-
-
23 851
pensions

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

-
-
-
36 365
total
-
-
-
74 080
Employee
36 178
-
129 792
-
income
6 228
-
25 182
-
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.

2 532
-
9 086
-
unemployment
361
-
1 297
-
health
507
-
1 817
-
total
9 628
-
37 382
-
Employer
36 178
-
129 792
-
pensions

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

6 151
-
22 064
-
other
1 810
-
6 491
-
accident
289
-
1 038
-
health
507
-
1 817
-
unemployment
361
-
1 297
-
total
9 118
-
32 707
-
Corporate
117 204
162 500
-
-
income
24 613
34 124
-
-
total
24 613
34 124
-
-
Dividends
92 591
128 376
-
-
withholding
6 482
8 987
-
-
total
6 482
8 987
-
-
Income
162 500
162 500
162 500
162 500
Total tax
49 841
43 111
70 089
74 080
After tax
112 659
119 389
92 411
88 420
Living cost
26 550
26 550
26 550
26 550
Free-cash
86 109
92 839
65 861
61 870

Estimated living cost  is ₽26550 per week

₽18759
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1793
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽427
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5570
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽41994
₽27210
₽41273
₽41041
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
162 500
income
-
-
-
45 024
pensions
-
-
-
8 714
total
-
-
-
53 738
Employee
94 467
-
142 077
-
income
17 029
-
35 170
-
pensions
9 113
-
10 818
-
health
1 557
-
2 111
-
total
27 699
-
48 099
-
Employer
94 467
-
142 077
-
pensions
11 154
-
17 723
-
health
1 794
-
2 700
-
total
12 948
-
20 423
-
Corporate
55 086
162 500
-
-
income

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

10 466
30 876
-
-
total
10 466
30 876
-
-
Dividends
44 620
131 624
-
-
withholding
3 346
23 815
-
-
total
3 346
23 815
-
-
Income
162 500
162 500
162 500
162 500
Total tax
54 459
54 691
68 522
53 738
After tax
108 041
107 809
93 978
108 762
Living cost
66 768
66 768
66 768
66 768
Free-cash
41 273
41 041
27 210
41 994

Estimated living cost  is ₽66768 per week

₽50030
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽7845
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.
₽8351
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽115752
₽121984
₽121230
₽125864
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
unemployment
-
-
-
139
health
-
-
-
4 005
income
-
-
-
24 375
pensions

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

-
-
-
5 155
total
-
-
-
33 674
Employee
17 311
-
155 666
-
income
1 731
-
15 566
-
pensions

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

1 520
-
3 058
-
health
796
-
1 602
-
accident

We are using the highest rate at 1.1%.

191
-
383
-
total
4 238
-
20 609
-
Employer
17 311
-
155 666
-
pensions

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

1 908
-
3 838
-
accident

We are using the highest rate at 1.1%.

191
-
383
-
health
1 195
-
2 403
-
unemployment
104
-
209
-
total
3 398
-
6 833
-
Corporate
141 792
162 500
-
-
income
14 179
16 250
-
-
total
14 179
16 250
-
-
Dividends
127 613
146 250
-
-
withholding
6 381
7 312
-
-
total
6 381
7 312
-
-
Income
162 500
162 500
162 500
162 500
Total tax
28 196
23 562
27 442
33 674
After tax
134 304
138 938
135 058
128 826
Living cost
13 074
13 074
13 074
13 074
Free-cash
121 230
125 864
121 984
115 752

Estimated living cost  is ₽13074 per week

₽7633
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽934
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽346
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4161
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽35367
₽44863
₽27514
₽25008
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
162 500
health
-
-
-
12 287
income
-
-
-
47 921
pensions
-
-
-
11 674
total
-
-
-
71 882
Employee
92 378
85 088
143 983
-
income

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

13 928
13 928
19 908
-
pensions
11 674
11 674
11 674
-
health
11 525
11 109
12 287
-
total
37 127
36 711
43 869
-
Employer
92 378
85 088
143 983
-
pensions
6 429
5 922
7 361
-
health
6 419
5 915
7 350
-
unemployment
3 326
3 063
3 806
-
total
16 174
14 900
18 517
-
Corporate
53 947
62 512
-
-
income
10 789
12 502
-
-
total
10 789
12 502
-
-
Dividends
43 158
50 010
-
-
withholding
6 474
7 501
-
-
income
9 171
10 627
-
-
total
15 645
18 128
-
-
Income
162 500
162 500
162 500
162 500
Total tax
79 735
82 241
62 386
71 882
After tax
82 765
80 259
100 114
90 618
Living cost
55 252
55 252
55 252
55 252
Free-cash
27 514
25 008
44 863
35 367

Estimated living cost  is ₽55252 per week

₽40757
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4935
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽633
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8927
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽65885
₽58908
₽79174
₽87774
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
34 689
health
-
-
-
21 938
income
-
-
-
15 881
solidarity contribution
-
-
-
-
total
-
-
-
72 508
Employee
35 451
-
121 835
-
income
4 254
-
14 650
-
solidarity contribution
-
-
-
-
social contributions
2 304
-
7 722
-
health
4 786
-
16 448
-
total
11 344
-
38 820
-
Employer
35 451
-
121 835
-
health
3 191
-
10 965
-
social contributions
8 863
-
29 700
-
total
12 054
-
40 665
-
Corporate
114 995
162 500
-
-
income
21 849
30 875
-
-
total
21 849
30 875
-
-
Dividends
93 146
131 625
-
-
withholding
13 972
19 744
-
-
total
13 972
19 744
-
-
Income
162 500
162 500
162 500
162 500
Total tax
59 219
50 619
79 485
72 508
After tax
103 281
111 881
83 015
89 992
Living cost
24 107
24 107
24 107
24 107
Free-cash
79 174
87 774
58 908
65 885

Estimated living cost  is ₽24107 per week

₽16745
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1715
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽474
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5173
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽36379
₽29038
₽39454
₽44656
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
162 500
social contributions
-
-
-
41 795
municipal
-
-
-
966
national
-
-
-
39 411
regional
-
-
-
1 905
total
-
-
-
84 077
Employee
88 553
-
162 500
-
national
15 344
-
34 081
-
social contributions
29 860
-
54 795
-
municipal
469
-
862
-
regional
836
-
1 680
-
total
46 509
-
91 418
-
Employer
88 553
-
162 500
-
total
-
-
-
-
Corporate
73 947
162 500
-
-
nationa
17 747
39 001
-
-
municipal
2 884
6 338
-
-
total
20 631
45 339
-
-
Dividends
53 316
117 161
-
-
withholding
13 862
30 461
-
-
total
13 862
30 461
-
-
Income
162 500
162 500
162 500
162 500
Total tax
81 002
75 800
91 418
84 077
After tax
81 498
86 700
71 082
78 423
Living cost
42 044
42 044
42 044
42 044
Free-cash
39 454
44 656
29 038
36 379

Estimated living cost  is ₽42044 per week

₽29308
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2757
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽645
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9333
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽55081
₽48841
₽77125
₽80225
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
-
unemployment
-
-
-
227
health
-
-
-
9 441
income
-
-
-
42 814
surtax
-
-
-
6 353
pensions
-
-
-
26 597
total
-
-
-
85 432
Employee
32 950
-
134 508
-
income
5 523
-
36 854
-
pensions
2 197
-
8 870
-
unemployment
2 294
-
9 256
-
health
841
-
3 390
-
other
-
-
-
-
surtax
108
-
5 309
-
total
10 963
-
63 679
-
Employer
32 950
-
134 508
-
pensions
4 392
-
17 727
-
other
-
-
-
-
health
1 499
-
6 051
-
unemployment
1 044
-
4 215
-
total
6 935
-
27 993
-
Corporate
122 614
162 500
-
-
income
31 880
42 251
-
-
total
31 880
42 251
-
-
Dividends
90 735
120 249
-
-
withholding
13 610
18 037
-
-
total
13 610
18 037
-
-
Income
162 500
162 500
162 500
162 500
Total tax
63 388
60 288
91 672
85 432
After tax
99 112
102 212
70 828
77 068
Living cost
21 987
21 987
21 987
21 987
Free-cash
77 125
80 225
48 841
55 081

Estimated living cost  is ₽21987 per week

₽13444
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2029
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽507
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6007
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽63148
₽48364
₽68282
₽62195
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
162 500
income
-
-
-
45 024
pensions
-
-
-
8 714
total
-
-
-
53 738
Employee
63 309
-
142 077
-
income
11 402
-
35 170
-
pensions
5 374
-
10 818
-
health
919
-
2 111
-
total
17 695
-
48 099
-
Employer
63 309
-
142 077
-
pensions
6 853
-
17 723
-
health
1 203
-
2 700
-
total
8 056
-
20 423
-
Corporate
91 135
162 500
-
-
income

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

17 317
30 876
-
-
total
17 317
30 876
-
-
Dividends
73 819
131 624
-
-
withholding
5 536
23 815
-
-
total
5 536
23 815
-
-
Income
162 500
162 500
162 500
162 500
Total tax
48 604
54 691
68 522
53 738
After tax
113 896
107 809
93 978
108 762
Living cost
45 614
45 614
45 614
45 614
Free-cash
68 282
62 195
48 364
63 148

Estimated living cost  is ₽45614 per week

₽34174
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3419
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.
₽7544
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽56726
₽48955
₽31136
-₽1146
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
366
city
-
-
-
1 713
national
-
-
-
2 328
regional
-
-
-
7 713
pensions
-
-
-
14 949
total
-
-
-
30 319
Employee
88 302
-
145 446
-
pensions
7 419
-
12 217
-
national
418
-
1 851
-
unemployment
-
-
-
-
city
948
-
1 562
-
health
200
-
328
-
regional
2 891
-
6 678
-
total
11 876
-
22 636
-
Employer
88 302
-
145 446
-
pensions
7 419
-
12 217
-
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.

1 765
-
2 909
-
health
200
-
328
-
unemployment
-
-
-
-
total
9 384
-
15 454
-
Corporate
63 844
162 500
-
-
regional
13 504
34 368
-
-
national
5 426
13 812
-
-
total
18 930
48 180
-
-
Dividends
44 914
114 320
-
-
withholding
15 719
40 011
-
-
total
15 719
40 011
-
-
Income
162 500
162 500
162 500
162 500
Total tax
55 909
88 191
38 090
30 319
After tax
106 591
74 309
124 410
132 181
Living cost
75 455
75 455
75 455
75 455
Free-cash
31 136
-1 146
48 955
56 726

Estimated living cost  is ₽75455 per week

₽49067
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽6771
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽926
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽18690
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽38653
₽58577
₽50820
₽34664
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
trade
-
-
-
19 924
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.

-
-
-
6 807
income

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

-
-
-
48 788
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.

-
-
-
2 683
total
-
-
-
78 202
Employee

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

59 881
-
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.

388
-
2 683
-
income

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

7 042
-
48 788
-
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.

6 807
-
6 807
-
total
14 237
-
58 278
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
102 619
162 500
-
-
trade
17 600
27 869
-
-
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.

847
1 341
-
-
income
15 393
24 375
-
-
chamber of commerce
295
380
-
-
total
34 135
53 965
-
-
Dividends
68 483
108 535
-
-
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.

921
1 471
-
-
withholding
16 742
26 755
-
-
total
17 663
28 226
-
-
Income
162 500
162 500
162 500
162 500
Total tax
66 035
82 191
58 278
78 202
After tax
96 465
80 309
104 222
84 298
Living cost
45 645
45 645
45 645
45 645
Free-cash
50 820
34 664
58 577
38 653

Estimated living cost  is ₽45645 per week

₽33337
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3651
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽594
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8064
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽57694
₽56655
₽53694
₽47812
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
5 037
social contributions
-
-
-
4 629
health
-
-
-
6 465
income
-
-
-
24 369
surtax
-
-
-
-
pensions
-
-
-
30 216
total
-
-
-
70 716
Employee
42 644
-
126 642
-
income
2 517
-
23 847
-
pensions
4 822
-
8 441
-
social contributions
1 216
-
3 608
-
surtax
-
-
-
-
total
8 555
-
35 896
-
Employer
42 644
-
126 642
-
pensions
7 006
-
14 278
-
other
1 471
-
4 785
-
health
2 986
-
11 286
-
unemployment
1 726
-
5 130
-
social contributions
129
-
380
-
total
13 318
-
35 859
-
Corporate
106 539
162 500
-
-
surtax
-
-
-
-
income
29 830
45 499
-
-
total
29 830
45 499
-
-
Dividends
76 709
117 001
-
-
surtax
-
-
-
-
social contributions
13 194
20 124
-
-
withholding
9 819
14 975
-
-
total
23 013
35 099
-
-
Income
162 500
162 500
162 500
162 500
Total tax
74 716
80 598
71 755
70 716
After tax
87 784
81 902
90 745
91 784
Living cost
34 090
34 090
34 090
34 090
Free-cash
53 694
47 812
56 655
57 694

Estimated living cost  is ₽34090 per week

₽21495
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2772
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽580
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9244
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽61072
₽60033
₽56725
₽51190
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
5 037
social contributions
-
-
-
4 629
health
-
-
-
6 465
income
-
-
-
24 369
surtax
-
-
-
-
pensions
-
-
-
30 216
total
-
-
-
70 716
Employee
38 066
-
126 642
-
income
1 963
-
23 847
-
pensions
4 305
-
8 441
-
social contributions
1 085
-
3 608
-
surtax
-
-
-
-
total
7 353
-
35 896
-
Employer
38 066
-
126 642
-
pensions
6 255
-
14 278
-
other
1 314
-
4 785
-
health
2 664
-
11 286
-
unemployment
1 541
-
5 130
-
social contributions
113
-
380
-
total
11 887
-
35 859
-
Corporate
112 546
162 500
-
-
surtax
-
-
-
-
income
31 513
45 499
-
-
total
31 513
45 499
-
-
Dividends
81 034
117 001
-
-
surtax
-
-
-
-
social contributions
13 937
20 124
-
-
withholding
10 373
14 975
-
-
total
24 310
35 099
-
-
Income
162 500
162 500
162 500
162 500
Total tax
75 063
80 598
71 755
70 716
After tax
87 437
81 902
90 745
91 784
Living cost
30 712
30 712
30 712
30 712
Free-cash
56 725
51 190
60 033
61 072

Estimated living cost  is ₽30712 per week

₽17812
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3120
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽582
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9199
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽83229
₽80261
₽78530
₽78010
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
22 425
health
-
-
-
11 343
income
-
-
-
24 375
total
-
-
-
58 143
Employee
33 784
-
162 500
-
income
5 635
-
27 343
-
social contributions
4 663
-
22 425
-
health
2 358
-
11 343
-
total
12 656
-
61 111
-
Employer
33 784
-
162 500
-
total
-
-
-
-
Corporate
128 716
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%.

6 436
8 125
-
-
total
6 436
8 125
-
-
Dividends
122 280
154 375
-
-
social contributions
16 874
21 304
-
-
health
8 535
10 776
-
-
withholding
18 341
23 157
-
-
total
43 750
55 237
-
-
Income
162 500
162 500
162 500
162 500
Total tax
62 842
63 362
61 111
58 143
After tax
99 658
99 138
101 389
104 357
Living cost
21 128
21 128
21 128
21 128
Free-cash
78 530
78 010
80 261
83 229

Estimated living cost  is ₽21128 per week

₽14140
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1303
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽486
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5198
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽48257
₽7750
₽53384
₽54928
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
chamber of commerce
-
-
-
650
unemployment
-
-
-
6 111
health
-
-
-
8 904
income
-
-
-
41 737
surtax
-
-
-
197
pensions
-
-
-
21 535
total
-
-
-
79 134
Employee
49 795
39 708
127 960
-
income
5 669
2 929
32 976
-
pensions
5 100
4 065
11 920
-
unemployment
1 494
1 191
3 492
-
health
1 927
1 537
4 504
-
other
497
397
1 165
-
total
14 687
10 119
54 057
-
Employer
49 795
39 708
127 960
-
pensions
6 249
4 984
14 609
-
other
2 365
1 885
5 979
-
accident
647
516
1 513
-
health
1 881
1 501
4 400
-
payroll
1 494
1 191
3 838
-
chamber of commerce
199
159
512
-
unemployment
1 494
1 191
3 492
-
surtax
197
197
197
-
total
14 526
11 624
34 540
-
Corporate
98 179
111 167
124 178
-
income

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

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

24 545
27 792
31 044
-
total
24 545
27 792
31 044
-
Dividends
73 634
83 376
-
-
withholding
20 249
22 928
-
-
total
20 249
22 928
-
-
Income
162 500
162 500
162 500
162 500
Total tax
74 007
72 463
119 641
79 134
After tax
88 493
90 037
42 859
83 366
Living cost
35 109
35 109
35 109
35 109
Free-cash
53 384
54 928
7 750
48 257

Estimated living cost  is ₽35109 per week

₽23416
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2995
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽577
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8121
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽34037
₽21609
₽39636
₽54577
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
24 842
communal

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

-
-
-
8 259
national
-
-
-
59 032
total
-
-
-
92 133
Employee

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

71 273
-
125 861
-
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.

5 345
-
9 439
-
national
21 912
-
44 909
-
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.

620
-
1 095
-
communal

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

3 717
-
6 565
-
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.

3 349
-
5 915
-
total
34 943
-
67 923
-
Employer

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

71 273
-
125 861
-
pensions

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

6 315
-
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.

927
-
1 637
-
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.

4 383
-
7 739
-
unemployment

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

1 040
-
1 838
-
surtax
8 081
-
14 272
-
total
20 746
-
36 638
-
Corporate
70 481
162 500
-
-
surtax
282
650
-
-
income
14 096
32 500
-
-
total
14 378
33 150
-
-
Dividends
56 103
129 350
-
-
withholding

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

16 467
38 443
-
-
total
16 467
38 443
-
-
Income
162 500
162 500
162 500
162 500
Total tax
86 534
71 593
104 561
92 133
After tax
75 966
90 907
57 939
70 367
Living cost
36 330
36 330
36 330
36 330
Free-cash
39 636
54 577
21 609
34 037

Estimated living cost  is ₽36330 per week

₽23401
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3177
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.
₽9184
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽55356
₽51177
₽65425
₽72491
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
93
unemployment
-
-
-
647
accident
-
-
-
832
income
-
-
-
43 453
pensions
-
-
-
26 135
total
-
-
-
71 160
Employee
49 598
-
133 058
-
income
10 465
-
40 032
-
pensions
2 331
-
4 341
-
unemployment
770
-
1 431
-
other
49
-
93
-
total
13 615
-
45 897
-
Employer
49 598
-
133 058
-
pensions
11 704
-
21 796
-
other
395
-
739
-
accident
981
-
1 828
-
unemployment
2 728
-
5 079
-
total
15 808
-
29 442
-
Corporate
97 093
162 500
-
-
income

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

14 563
24 375
-
-
total
14 563
24 375
-
-
Dividends
82 529
138 125
-
-
withholding
17 105
29 650
-
-
total
17 105
29 650
-
-
Income
162 500
162 500
162 500
162 500
Total tax
61 091
54 025
75 339
71 160
After tax
101 409
108 475
87 161
91 340
Living cost
35 984
35 984
35 984
35 984
Free-cash
65 425
72 491
51 177
55 356

Estimated living cost  is ₽35984 per week

₽26498
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2553
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽518
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6414
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽27649
₽34129
₽29580
₽41698
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
1 371
health
-
-
-
11 419
income
-
-
-
25 231
communal
-
-
-
10 269
surtax
-
-
-
8 055
pensions
-
-
-
24 358
total
-
-
-
80 703
Employee
75 456
-
145 155
-
income
7 288
-
29 911
-
pensions
6 036
-
11 612
-
health
3 358
-
6 459
-
surtax
4 625
-
8 896
-
total
21 307
-
56 878
-
Employer
75 456
-
145 155
-
pensions
6 036
-
11 612
-
accident
679
-
1 307
-
health
2 301
-
4 426
-
total
9 016
-
17 345
-
Corporate
78 028
162 500
-
-
communal
5 266
10 969
-
-
surtax
819
1 706
-
-
income
11 704
24 375
-
-
total
17 789
37 050
-
-
Dividends
60 239
125 451
-
-
withholding
9 036
18 818
-
-
income
21 624
10 786
-
-
total
30 660
29 604
-
-
Income
162 500
162 500
162 500
162 500
Total tax
78 772
66 654
74 223
80 703
After tax
83 728
95 846
88 277
81 797
Living cost
54 148
54 148
54 148
54 148
Free-cash
29 580
41 698
34 129
27 649

Estimated living cost  is ₽54148 per week

₽40619
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3281
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.
₽9674
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽54688
₽48448
₽76662
₽79832
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
-
unemployment
-
-
-
227
health
-
-
-
9 441
income
-
-
-
42 814
surtax
-
-
-
6 353
pensions
-
-
-
26 597
total
-
-
-
85 432
Employee
33 555
-
134 508
-
income
5 625
-
36 854
-
pensions
2 239
-
8 870
-
unemployment
2 335
-
9 256
-
health
857
-
3 390
-
other
-
-
-
-
surtax
119
-
5 309
-
total
11 175
-
63 679
-
Employer
33 555
-
134 508
-
pensions
4 474
-
17 727
-
other
-
-
-
-
health
1 526
-
6 051
-
unemployment
1 065
-
4 215
-
total
7 065
-
27 993
-
Corporate
121 881
162 500
-
-
income
31 689
42 251
-
-
total
31 689
42 251
-
-
Dividends
90 192
120 249
-
-
withholding
13 529
18 037
-
-
total
13 529
18 037
-
-
Income
162 500
162 500
162 500
162 500
Total tax
63 458
60 288
91 672
85 432
After tax
99 042
102 212
70 828
77 068
Living cost
22 380
22 380
22 380
22 380
Free-cash
76 662
79 832
48 448
54 688

Estimated living cost  is ₽22380 per week

₽13512
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1946
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽520
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6404
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽51037
₽43734
₽56363
₽58572
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
162 500
social contributions
-
-
-
41 795
municipal
-
-
-
966
national
-
-
-
39 411
regional
-
-
-
2 450
total
-
-
-
84 622
Employee
55 271
-
162 500
-
national
8 756
-
34 081
-
social contributions
18 638
-
54 795
-
municipal
293
-
862
-
regional
744
-
2 187
-
total
28 431
-
91 925
-
Employer
55 271
-
162 500
-
total
-
-
-
-
Corporate
107 229
162 500
-
-
nationa
25 734
39 001
-
-
municipal
5 328
8 076
-
-
total
31 062
47 077
-
-
Dividends
76 166
115 424
-
-
withholding
19 803
30 010
-
-
total
19 803
30 010
-
-
Income
162 500
162 500
162 500
162 500
Total tax
79 296
77 087
91 925
84 622
After tax
83 204
85 413
70 575
77 878
Living cost
26 841
26 841
26 841
26 841
Free-cash
56 363
58 572
43 734
51 037

Estimated living cost  is ₽26841 per week

₽16692
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2719
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽459
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6970
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽60286
₽53309
₽71577
₽82175
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
34 689
health
-
-
-
21 938
income
-
-
-
15 881
solidarity contribution
-
-
-
-
total
-
-
-
72 508
Employee
43 685
-
121 835
-
income
5 242
-
14 650
-
solidarity contribution
-
-
-
-
social contributions
2 840
-
7 722
-
health
5 898
-
16 448
-
total
13 980
-
38 820
-
Employer
43 685
-
121 835
-
health
3 932
-
10 965
-
social contributions
10 921
-
29 700
-
total
14 853
-
40 665
-
Corporate
103 962
162 500
-
-
income
19 753
30 875
-
-
total
19 753
30 875
-
-
Dividends
84 209
131 625
-
-
withholding
12 631
19 744
-
-
total
12 631
19 744
-
-
Income
162 500
162 500
162 500
162 500
Total tax
61 217
50 619
79 485
72 508
After tax
101 283
111 881
83 015
89 992
Living cost
29 706
29 706
29 706
29 706
Free-cash
71 577
82 175
53 309
60 286

Estimated living cost  is ₽29706 per week

₽22091
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1646
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽514
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5455
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽51774
₽11129
₽57859
₽58356
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
chamber of commerce
-
-
-
650
unemployment
-
-
-
6 111
health
-
-
-
8 904
income
-
-
-
41 737
surtax
-
-
-
-
pensions
-
-
-
21 535
total
-
-
-
78 937
Employee
43 555
39 708
128 143
-
income
3 880
2 929
33 054
-
pensions
4 461
4 065
11 920
-
unemployment
1 307
1 191
3 492
-
health
1 685
1 537
4 504
-
other
435
397
1 165
-
total
11 768
10 119
54 135
-
Employer
43 555
39 708
128 143
-
pensions
5 466
4 984
14 609
-
other
2 069
1 885
5 986
-
accident
565
516
1 513
-
health
1 647
1 501
4 400
-
payroll
1 307
1 191
3 844
-
chamber of commerce
174
159
512
-
unemployment
1 307
1 191
3 492
-
surtax
-
-
-
-
total
12 535
11 427
34 356
-
Corporate
106 410
111 364
124 362
-
income

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

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

26 602
27 841
31 091
-
total
26 602
27 841
31 091
-
Dividends
79 808
83 523
-
-
withholding
21 947
22 968
-
-
total
21 947
22 968
-
-
Income
162 500
162 500
162 500
162 500
Total tax
72 852
72 355
119 582
78 937
After tax
89 648
90 145
42 918
83 563
Living cost
31 789
31 789
31 789
31 789
Free-cash
57 859
58 356
11 129
51 774

Estimated living cost  is ₽31789 per week

₽19069
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3247
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽567
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8906
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽146908
₽116033
₽137789
₽140408
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
17 459
-
162 500
-
income
3 492
-
32 500
-
total
3 492
-
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%.

145 041
162 500
-
-
total
-
-
-
-
Dividends
145 041
162 500
-
-
withholding
7 252
8 125
-
-
total
7 252
8 125
-
-
Income
162 500
162 500
162 500
162 500
Total tax
10 744
8 125
32 500
1 625
After tax
151 756
154 375
130 000
160 875
Living cost
13 967
13 967
13 967
13 967
Free-cash
137 789
140 408
116 033
146 908

Estimated living cost  is ₽13967 per week

₽9451
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽586
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽468
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3460
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽53299
₽48998
₽76821
₽85154
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
unemployment
-
-
-
244
health
-
-
-
15 991
income
-
-
-
36 563
pensions
-
-
-
29 677
total
-
-
-
82 475
Employee

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

44 061
-
140 608
-
income
7 598
-
33 811
-
pensions
6 830
-
21 794
-
unemployment
62
-
197
-
health
2 846
-
9 082
-
total
17 336
-
64 884
-
Employer

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

44 061
-
140 608
-
pensions
3 899
-
12 444
-
health
2 935
-
9 363
-
unemployment
26
-
85
-
total
6 860
-
21 892
-
Corporate
111 579
162 500
-
-
income
21 200
30 876
-
-
total
21 200
30 876
-
-
Dividends
90 379
131 624
-
-
withholding
13 557
19 744
-
-
total
13 557
19 744
-
-
Income
162 500
162 500
162 500
162 500
Total tax
58 953
50 620
86 776
82 475
After tax
103 547
111 880
75 724
80 025
Living cost
26 726
26 726
26 726
26 726
Free-cash
76 821
85 154
48 998
53 299

Estimated living cost  is ₽26726 per week

₽18341
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1713
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽518
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6155
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽69144
₽106185
₽8132
₽55708
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
162 500
social contributions
-
-
-
18 525
income
-
-
-
31 674
total
-
-
-
50 199
Employee
61 881
-
-
-
income
13 650
-
-
-
social contributions
5 074
-
723
-
total
18 724
-
723
-
Employer
61 881
-
-
-
social contributions
87 252
-
12 435
-
total
87 252
-
12 435
-
Corporate
13 367
162 500
-
-
income
2 941
35 750
-
-
total
2 941
35 750
-
-
Dividends
10 426
126 750
-
-
income
2 294
27 885
-
-
total
2 294
27 885
-
-
Income
162 500
162 500
162 500
162 500
Total tax
111 211
63 635
13 158
50 199
After tax
51 289
98 865
149 342
112 301
Living cost
43 157
43 157
43 157
43 157
Free-cash
8 132
55 708
106 185
69 144

Estimated living cost  is ₽43157 per week

₽28002
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4059
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.
₽10546
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽56265
₽44287
₽60172
₽61177
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
162 500
social contributions

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

-
-
-
56 468
income
-
-
-
18 513
surtax
-
-
-
-
total
-
-
-
74 981
Employee
45 826
-
131 312
-
income
9 532
-
41 327
-
social contributions
5 041
-
14 444
-
surtax
-
-
-
-
total
14 573
-
55 771
-
Employer
45 826
-
131 312
-
social contributions
10 884
-
31 188
-
total
10 884
-
31 188
-
Corporate
105 790
162 500
-
-
surtax
-
-
-
-
income
22 216
34 124
-
-
total
22 216
34 124
-
-
Dividends
83 574
128 376
-
-
withholding
23 401
35 945
-
-
total
23 401
35 945
-
-
Income
162 500
162 500
162 500
162 500
Total tax
71 074
70 069
86 959
74 981
After tax
91 426
92 431
75 541
87 519
Living cost
31 254
31 254
31 254
31 254
Free-cash
60 172
61 177
44 287
56 265

Estimated living cost  is ₽31254 per week

₽23384
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1844
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.
₽5504
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽43660
₽42621
₽40624
₽33778
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
5 037
social contributions
-
-
-
4 629
health
-
-
-
6 465
income
-
-
-
24 369
surtax
-
-
-
-
pensions
-
-
-
30 216
total
-
-
-
70 716
Employee
62 406
-
126 642
-
income
5 445
-
23 847
-
pensions
7 059
-
8 441
-
social contributions
1 777
-
3 608
-
surtax
-
-
-
-
total
14 281
-
35 896
-
Employer
62 406
-
126 642
-
pensions
10 254
-
14 278
-
other
2 154
-
4 785
-
health
4 368
-
11 286
-
unemployment
2 528
-
5 130
-
social contributions
187
-
380
-
total
19 491
-
35 859
-
Corporate
80 603
162 500
-
-
surtax
-
-
-
-
income
22 569
45 499
-
-
total
22 569
45 499
-
-
Dividends
58 034
117 001
-
-
surtax
-
-
-
-
social contributions
9 982
20 124
-
-
withholding
7 429
14 975
-
-
total
17 411
35 099
-
-
Income
162 500
162 500
162 500
162 500
Total tax
73 752
80 598
71 755
70 716
After tax
88 748
81 902
90 745
91 784
Living cost
48 124
48 124
48 124
48 124
Free-cash
40 624
33 778
42 621
43 660

Estimated living cost  is ₽48124 per week

₽32570
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3937
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽660
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10957
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽90175
₽94494
₽112952
₽116299
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
35 750
income
-
-
-
6 624
total
-
-
-
42 374
Employee
32 033
-
140 691
-
social contributions
2 082
-
9 144
-
income
-
-
7 104
-
total
2 082
-
16 248
-
Employer
32 033
-
140 691
-
social contributions
4 965
-
21 807
-
total
4 965
-
21 807
-
Corporate
125 502
162 500
-
-
income
12 550
16 250
-
-
total
12 550
16 250
-
-
Dividends
112 952
146 250
-
-
total
-
-
-
-
Income
162 500
162 500
162 500
162 500
Total tax
19 597
16 250
38 055
42 374
After tax
142 903
146 250
124 445
120 126
Living cost
29 951
29 951
29 951
29 951
Free-cash
112 952
116 299
94 494
90 175

Estimated living cost  is ₽29951 per week

₽19366
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2258
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽563
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7764
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽48593
-₽54662
-₽54662
-₽54662
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
municipal
-
-
-
33 461
national
-
-
-
18 649
labour market
-
-
-
12 931
pensions
-
-
-
864
total
-
-
-
65 905
Employee
202 606
202 606
202 606
-
labour market
16 185
16 185
16 185
-
pensions
288
288
288
-
national
24 752
24 752
24 752
-
municipal
43 144
43 144
43 144
-
total
84 369
84 369
84 369
-
Employer
202 606
202 606
202 606
-
pensions
576
576
576
-
municipal
43 212
43 212
43 212
-
national
24 795
24 795
24 795
-
labour market
16 208
16 208
16 208
-
total
84 791
84 791
84 791
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
162 500
162 500
162 500
162 500
Total tax
169 160
169 160
169 160
65 905
After tax
-6 660
-6 660
-6 660
96 595
Living cost
48 002
48 002
48 002
48 002
Free-cash
-54 662
-54 662
-54 662
48 593

Estimated living cost  is ₽48002 per week

₽32853
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4246
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽738
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10164
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽89503
₽66169
₽9844
-₽8469
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
370
accident
-
-
-
252
health
-
-
-
2 176
income
-
-
-
44 416
pensions
-
-
-
4 152
total
-
-
-
51 366
Employee
34 027
-
145 510
-
income
4 668
-
33 436
-
pensions
3 832
-
7 614
-
health
3 896
-
16 661
-
total
12 396
-
57 711
-
Employer
34 027
-
145 510
-
pensions
5 533
-
10 994
-
accident
568
-
2 430
-
unemployment
834
-
3 565
-
total
6 935
-
16 989
-
Corporate
121 539
162 500
-
-
income

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

109 385
146 250
-
-
total
109 385
146 250
-
-
Dividends
12 154
16 250
-
-
withholding
2 309
3 088
-
-
total
2 309
3 088
-
-
Income
162 500
162 500
162 500
162 500
Total tax
131 025
149 338
74 700
51 366
After tax
31 475
13 162
87 800
111 134
Living cost
21 631
21 631
21 631
21 631
Free-cash
9 844
-8 469
66 169
89 503

Estimated living cost  is ₽21631 per week

₽15745
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1233
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽406
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4247
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽68447
₽47820
₽66574
₽64378
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
municipal
-
-
-
28 875
health
-
-
-
2 087
national
-
-
-
24 837
total
-
-
-
55 799
Employee
52 422
-
136 703
-
pensions
3 538
-
9 227
-
national
866
-
15 391
-
municipal
8 586
-
22 272
-
unemployment
787
-
2 050
-
health
391
-
1 689
-
total
14 168
-
50 629
-
Employer
52 422
-
136 703
-
pensions
9 095
-
23 719
-
accident
53
-
136
-
health
403
-
1 053
-
unemployment
340
-
889
-
total
9 891
-
25 797
-
Corporate
100 187
162 500
-
-
income
20 037
32 500
-
-
total
20 037
32 500
-
-
Dividends

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

60 112
97 500
-
-
municipal
10 819
17 551
-
-
national
2 757
9 817
-
-
total
13 576
27 368
-
-
Income
162 500
162 500
162 500
162 500
Total tax
57 672
59 868
76 426
55 799
After tax
104 828
102 632
86 074
106 701
Living cost
38 254
38 254
38 254
38 254
Free-cash
66 574
64 378
47 820
68 447

Estimated living cost  is ₽38254 per week

₽24988
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3680
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽609
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8980
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽88653
₽87184
₽90096
₽95520
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
16 121
health
-
-
-
4 143
income
-
-
-
30 514
total
-
-
-
50 778
Employee
76 618
76 618
151 127
-
income
8 342
7 093
29 726
-
social contributions
2 897
6 359
8 577
-
health
594
1 303
2 570
-
total
11 833
14 755
40 873
-
Employer
76 618
76 618
151 127
-
health
645
1 418
2 797
-
social contributions
2 897
6 359
8 577
-
total
3 542
7 777
11 374
-
Corporate
124 056
78 105
-
-
income
15 507
9 762
-
-
total
15 507
9 762
-
-
Dividends
108 549
68 343
-
-
withholding
18 453
11 617
-
-
total
18 453
11 617
-
-
Income
162 500
162 500
162 500
162 500
Total tax
49 335
43 911
52 247
50 778
After tax
113 165
118 589
110 253
111 722
Living cost
23 069
23 069
23 069
23 069
Free-cash
90 096
95 520
87 184
88 653

Estimated living cost  is ₽23069 per week

₽13826
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2263
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.
₽6470
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽120282
₽100296
₽113678
₽118746
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
unemployment
-
-
-
28
health
-
-
-
3 606
income
-
-
-
16 426
pensions
-
-
-
6 338
total
-
-
-
26 398
Employee

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

22 871
-
152 762
-
income
1 564
-
13 956
-
pensions
3 430
-
14 181
-
unemployment
113
-
473
-
health
1 944
-
8 036
-
total
7 051
-
36 646
-
Employer

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

22 871
-
152 762
-
pensions
1 257
-
5 200
-
health
983
-
4 065
-
unemployment
113
-
473
-
total
2 353
-
9 738
-
Corporate
137 275
162 500
-
-
income
12 355
14 626
-
-
total
12 355
14 626
-
-
Dividends
124 920
147 874
-
-
withholding
11 243
13 308
-
-
total
11 243
13 308
-
-
Income
162 500
162 500
162 500
162 500
Total tax
33 002
27 934
46 384
26 398
After tax
129 498
134 566
116 116
136 102
Living cost
15 820
15 820
15 820
15 820
Free-cash
113 678
118 746
100 296
120 282

Estimated living cost  is ₽15820 per week

₽10093
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1140
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽471
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4114
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽63940
₽59761
₽76671
₽81075
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
93
unemployment
-
-
-
647
accident
-
-
-
832
income
-
-
-
43 453
pensions
-
-
-
26 135
total
-
-
-
71 160
Employee
36 843
-
133 058
-
income
7 103
-
40 032
-
pensions
1 732
-
4 341
-
unemployment
571
-
1 431
-
other
36
-
93
-
total
9 442
-
45 897
-
Employer
36 843
-
133 058
-
pensions
8 694
-
21 796
-
other
295
-
739
-
accident
730
-
1 828
-
unemployment
2 027
-
5 079
-
total
11 746
-
29 442
-
Corporate
113 912
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.

17 088
24 375
-
-
total
17 088
24 375
-
-
Dividends
96 824
138 125
-
-
withholding
20 153
29 650
-
-
total
20 153
29 650
-
-
Income
162 500
162 500
162 500
162 500
Total tax
58 429
54 025
75 339
71 160
After tax
104 071
108 475
87 161
91 340
Living cost
27 400
27 400
27 400
27 400
Free-cash
76 671
81 075
59 761
63 940

Estimated living cost  is ₽27400 per week

₽18494
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2634
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽480
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5792
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽101279
₽101083
₽98212
₽98662
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
162 500
health
-
-
-
1 448
income
-
-
-
55 038
pensions
-
-
-
1 997
total
-
-
-
58 483
Employee
4 171
-
160 253
-
income
807
-
54 933
-
pensions
375
-
899
-
unemployment
42
-
100
-
health
209
-
499
-
total
1 433
-
56 431
-
Employer
4 171
-
160 253
-
pensions
459
-
1 099
-
health
396
-
949
-
unemployment
83
-
200
-
total
938
-
2 248
-
Corporate
157 391
162 500
-
-
income
34 626
35 750
-
-
total
34 626
35 750
-
-
Dividends
122 765
126 750
-
-
withholding
24 553
25 350
-
-
total
24 553
25 350
-
-
Income
162 500
162 500
162 500
162 500
Total tax
61 550
61 100
58 679
58 483
After tax
100 950
101 400
103 821
104 017
Living cost
2 738
2 738
2 738
2 738
Free-cash
98 212
98 662
101 083
101 279

Estimated living cost  is ₽2738 per week

₽1627
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽222
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽63
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽826
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽80967
₽80967
₽95271
₽100173
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
unemployment
-
-
-
1 105
health
-
-
-
7 585
income
-
-
-
36 463
pensions
-
-
-
19 147
total
-
-
-
64 300
Employee

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

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

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

25 986
-
149 318
-
income
3 582
-
36 463
-
pensions
3 638
-
10 310
-
unemployment
195
-
552
-
health
1 338
-
3 793
-
total
8 753
-
51 118
-
Employer

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

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

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

25 986
-
149 318
-
pensions
3 118
-
8 837
-
health
1 338
-
3 793
-
unemployment
195
-
552
-
total
4 651
-
13 182
-
Corporate
131 863
162 500
-
-
income
19 779
24 375
-
-
total
19 779
24 375
-
-
Dividends
112 084
138 125
-
-
withholding
16 813
20 719
-
-
total
16 813
20 719
-
-
Income
162 500
162 500
162 500
162 500
Total tax
49 996
45 094
64 300
64 300
After tax
112 504
117 406
98 200
98 200
Living cost
17 233
17 233
17 233
17 233
Free-cash
95 271
100 173
80 967
80 967

Estimated living cost  is ₽17233 per week

₽11603
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1333
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽499
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3798
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽60657
₽48679
₽65210
₽65569
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
162 500
social contributions

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

-
-
-
56 468
income
-
-
-
18 513
surtax
-
-
-
-
total
-
-
-
74 981
Employee
38 672
-
131 312
-
income
7 556
-
41 327
-
social contributions
4 254
-
14 444
-
surtax
-
-
-
-
total
11 810
-
55 771
-
Employer
38 672
-
131 312
-
social contributions
9 184
-
31 188
-
total
9 184
-
31 188
-
Corporate
114 644
162 500
-
-
surtax
-
-
-
-
income
24 076
34 124
-
-
total
24 076
34 124
-
-
Dividends
90 568
128 376
-
-
withholding
25 358
35 945
-
-
total
25 358
35 945
-
-
Income
162 500
162 500
162 500
162 500
Total tax
70 428
70 069
86 959
74 981
After tax
92 072
92 431
75 541
87 519
Living cost
26 862
26 862
26 862
26 862
Free-cash
65 210
65 569
48 679
60 657

Estimated living cost  is ₽26862 per week

₽19026
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1866
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽476
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5495
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽56322
₽52143
₽66729
₽73457
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
93
unemployment
-
-
-
647
accident
-
-
-
832
income
-
-
-
43 453
pensions
-
-
-
26 135
total
-
-
-
71 160
Employee
48 121
-
133 058
-
income
10 051
-
40 032
-
pensions
2 261
-
4 341
-
unemployment
745
-
1 431
-
other
47
-
93
-
total
13 104
-
45 897
-
Employer
48 121
-
133 058
-
pensions
11 356
-
21 796
-
other
386
-
739
-
accident
953
-
1 828
-
unemployment
2 647
-
5 079
-
total
15 342
-
29 442
-
Corporate
99 036
162 500
-
-
income

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

14 856
24 375
-
-
total
14 856
24 375
-
-
Dividends
84 180
138 125
-
-
withholding
17 451
29 650
-
-
total
17 451
29 650
-
-
Income
162 500
162 500
162 500
162 500
Total tax
60 753
54 025
75 339
71 160
After tax
101 747
108 475
87 161
91 340
Living cost
35 018
35 018
35 018
35 018
Free-cash
66 729
73 457
52 143
56 322

Estimated living cost  is ₽35018 per week

₽25148
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2723
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽494
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6654
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽111673
₽117905
₽115707
₽121785
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
unemployment
-
-
-
139
health
-
-
-
4 005
income
-
-
-
24 375
pensions

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

-
-
-
5 155
total
-
-
-
33 674
Employee
22 713
-
155 666
-
income
2 272
-
15 566
-
pensions

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

1 994
-
3 058
-
health
1 045
-
1 602
-
accident

We are using the highest rate at 1.1%.

250
-
383
-
total
5 561
-
20 609
-
Employer
22 713
-
155 666
-
pensions

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

2 503
-
3 838
-
accident

We are using the highest rate at 1.1%.

250
-
383
-
health
1 567
-
2 403
-
unemployment
136
-
209
-
total
4 456
-
6 833
-
Corporate
135 330
162 500
-
-
income
13 533
16 250
-
-
total
13 533
16 250
-
-
Dividends
121 798
146 250
-
-
withholding
6 090
7 312
-
-
total
6 090
7 312
-
-
Income
162 500
162 500
162 500
162 500
Total tax
29 640
23 562
27 442
33 674
After tax
132 860
138 938
135 058
128 826
Living cost
17 153
17 153
17 153
17 153
Free-cash
115 707
121 785
117 905
111 673

Estimated living cost  is ₽17153 per week

₽11345
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽982
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽409
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4418
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽49082
₽65754
₽58217
₽45185
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
trade
-
-
-
16 672
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.

-
-
-
6 807
income

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

-
-
-
48 788
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.

-
-
-
2 683
total
-
-
-
74 950
Employee

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

49 577
-
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.

225
-
2 683
-
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.

4 077
-
48 788
-
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.

6 807
-
6 807
-
total
11 109
-
58 278
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
112 923
162 500
-
-
trade
16 205
23 318
-
-
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.

932
1 341
-
-
income
16 938
24 375
-
-
chamber of commerce
318
390
-
-
total
34 393
49 424
-
-
Dividends
78 531
113 077
-
-
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.

1 059
1 533
-
-
withholding
19 254
27 890
-
-
total
20 313
29 423
-
-
Income
162 500
162 500
162 500
162 500
Total tax
65 815
78 847
58 278
74 950
After tax
96 685
83 653
104 222
87 550
Living cost
38 468
38 468
38 468
38 468
Free-cash
58 217
45 185
65 754
49 082

Estimated living cost  is ₽38468 per week

₽26536
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4139
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽558
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7234
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽30401
₽30401
₽59191
₽56992
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
26 810
income
-
-
-
48 530
total
-
-
-
75 340
Employee
77 940
-
162 500
-
social contributions
6 475
-
26 810
-
income
14 707
-
48 530
-
total
21 182
-
75 340
-
Employer
77 940
-
162 500
-
total
-
-
-
-
Corporate
84 560
162 500
-
-
income
10 570
20 313
-
-
total
10 570
20 313
-
-
Dividends
73 990
142 187
-
-
withholding
14 798
28 436
-
-
total
14 798
28 436
-
-
Income
162 500
162 500
162 500
162 500
Total tax
46 550
48 749
75 340
75 340
After tax
115 950
113 751
87 160
87 160
Living cost
56 759
56 759
56 759
56 759
Free-cash
59 191
56 992
30 401
30 401

Estimated living cost  is ₽56759 per week

₽43181
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4625
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.
₽8410
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽91339
₽80167
₽67672
₽64192
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

We use The Residence Programme or The Global Residence Programme.

-
-
-
162 500
health

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

-
-
-
6 629
income
-
-
-
28 363
total
-
-
-
34 992
Employee
45 709
-
157 917
-
social contributions
4 580
-
4 583
-
income
4 960
-
36 998
-
total
9 540
-
41 581
-
Employer
45 709
-
157 917
-
social contributions
4 580
-
4 583
-
total
4 580
-
4 583
-
Corporate
112 212
162 500
-
-
income
39 275
56 875
-
-
total
39 275
56 875
-
-
Dividends
72 937
105 625
-
-
social contributions
5 264
5 264
-
-
total
5 264
5 264
-
-
Income
162 500
162 500
162 500
162 500
Total tax
58 659
62 139
46 164
34 992
After tax
103 841
100 361
116 336
127 508
Living cost
36 169
36 169
36 169
36 169
Free-cash
67 672
64 192
80 167
91 339

Estimated living cost  is ₽36169 per week

₽23825
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2851
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽554
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8938
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽71679
₽56895
₽76638
₽70726
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
162 500
income
-
-
-
45 024
pensions
-
-
-
8 714
total
-
-
-
53 738
Employee
50 901
-
142 077
-
income
9 270
-
35 170
-
pensions
3 885
-
10 818
-
health
664
-
2 111
-
total
13 819
-
48 099
-
Employer
50 901
-
142 077
-
pensions
5 143
-
17 723
-
health
967
-
2 700
-
total
6 110
-
20 423
-
Corporate
105 489
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.

20 043
30 876
-
-
total
20 043
30 876
-
-
Dividends
85 446
131 624
-
-
withholding
8 807
23 815
-
-
total
8 807
23 815
-
-
Income
162 500
162 500
162 500
162 500
Total tax
48 779
54 691
68 522
53 738
After tax
113 721
107 809
93 978
108 762
Living cost
37 083
37 083
37 083
37 083
Free-cash
76 638
70 726
56 895
71 679

Estimated living cost  is ₽37083 per week

₽25438
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3410
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽464
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7768
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽87362
₽64028
₽9517
-₽10610
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
370
accident
-
-
-
252
health
-
-
-
2 176
income
-
-
-
44 416
pensions
-
-
-
4 152
total
-
-
-
51 366
Employee
37 395
-
145 510
-
income
5 130
-
33 436
-
pensions
4 211
-
7 614
-
health
4 282
-
16 661
-
total
13 623
-
57 711
-
Employer
37 395
-
145 510
-
pensions
6 080
-
10 994
-
accident
624
-
2 430
-
unemployment
916
-
3 565
-
total
7 620
-
16 989
-
Corporate
117 484
162 500
-
-
income

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

105 736
146 250
-
-
total
105 736
146 250
-
-
Dividends
11 749
16 250
-
-
withholding
2 232
3 088
-
-
total
2 232
3 088
-
-
Income
162 500
162 500
162 500
162 500
Total tax
129 211
149 338
74 700
51 366
After tax
33 289
13 162
87 800
111 134
Living cost
23 772
23 772
23 772
23 772
Free-cash
9 517
-10 610
64 028
87 362

Estimated living cost  is ₽23772 per week

₽17446
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1385
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽479
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4462
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽78688
₽100573
₽118643
₽123301
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
162 500
work injury
-
-
-
796
unemployment
-
-
-
1 910
income
-
-
-
26 599
health insurance
-
-
-
11 778
pensions
-
-
-
29 286
total
-
-
-
70 369
Employee

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

21 510
-
162 500
-
income
2 151
-
26 599
-
work injury
108
-
398
-
pensions
3 958
-
14 643
-
unemployment
258
-
955
-
health insurance
1 592
-
5 889
-
total
8 067
-
48 484
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
140 990
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%.

1 410
1 625
-
-
total
1 410
1 625
-
-
Dividends
139 581
160 875
-
-
withholding
20 937
24 131
-
-
total
20 937
24 131
-
-
Income
162 500
162 500
162 500
162 500
Total tax
30 414
25 756
48 484
70 369
After tax
132 086
136 744
114 016
92 131
Living cost
13 443
13 443
13 443
13 443
Free-cash
118 643
123 301
100 573
78 688

Estimated living cost  is ₽13443 per week

₽8328
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽977
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽419
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3719
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽36806
₽29673
₽41366
₽45899
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
162 500
social contributions
-
-
-
41 795
municipal
-
-
-
1 087
national
-
-
-
39 411
regional
-
-
-
3 707
total
-
-
-
86 000
Employee
83 962
-
162 500
-
national
14 189
-
34 081
-
social contributions
28 312
-
54 795
-
municipal
501
-
970
-
regional
1 268
-
3 287
-
total
44 270
-
93 133
-
Employer
83 962
-
162 500
-
total
-
-
-
-
Corporate
78 538
162 500
-
-
nationa
18 850
39 001
-
-
municipal
3 785
7 832
-
-
total
22 635
46 833
-
-
Dividends
55 902
115 668
-
-
withholding
14 535
30 074
-
-
total
14 535
30 074
-
-
Income
162 500
162 500
162 500
162 500
Total tax
81 440
76 907
93 133
86 000
After tax
81 060
85 593
69 367
76 500
Living cost
39 694
39 694
39 694
39 694
Free-cash
41 366
45 899
29 673
36 806

Estimated living cost  is ₽39694 per week

₽27882
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2730
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽599
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8480
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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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