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
₽ 163000
per

Your estimated
City
free-cash

Dresden , Germany
₽51462
₽62700
₽55763
₽73996
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
163 000
trade
-
-
-
18 233
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.

-
-
-
48 613
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.

-
-
-
6 941
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.

-
-
-
2 674
total
-
-
-
76 461
Employee

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

38 862
-
163 000
-
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.

6 941
-
6 941
-
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.

60
-
2 674
-
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.

1 086
-
48 613
-
total
8 087
-
58 228
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
124 138
163 000
-
-
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.

1 024
1 344
-
-
income
18 620
24 449
-
-
trade
19 552
25 672
-
-
chamber of commerce
334
388
-
-
total
39 530
51 853
-
-
Dividends
84 608
111 148
-
-
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.

1 141
1 508
-
-
withholding
20 766
27 401
-
-
total
21 907
28 909
-
-
Income
163 000
163 000
163 000
163 000
Total tax
69 524
80 762
58 228
76 461
After tax
93 476
82 238
104 772
86 539
Living cost
30 776
30 776
30 776
30 776
Free-cash
62 700
51 462
73 996
55 763

Estimated living cost  is ₽30776 per week

₽19359
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3588
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽575
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7254
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽50445
₽49593
₽45168
₽46447
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
163 000
municipal
-
-
-
17 749
pensions
-
-
-
19 560
national
-
-
-
27 504
social contributions
-
-
-
1 752
total
-
-
-
66 565
Employee
79 474
-
140 912
-
municipal
9 816
-
18 380
-
pensions
3 179
-
5 636
-
national
15 211
-
28 482
-
total
28 206
-
52 498
-
Employer
79 474
-
140 912
-
social contributions
854
-
1 515
-
pensions
6 358
-
11 273
-
total
7 212
-
12 788
-
Corporate
71 069
163 000
-
-
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%.

14 214
32 600
-
-
total
14 214
32 600
-
-
Dividends
56 855
130 400
-
-
withholding
12 508
28 688
-
-
total
12 508
28 688
-
-
Income
163 000
163 000
163 000
163 000
Total tax
62 140
61 288
65 286
66 565
After tax
100 860
101 712
97 714
96 435
Living cost
51 267
51 267
51 267
51 267
Free-cash
49 593
50 445
46 447
45 168

Estimated living cost  is ₽51267 per week

₽34846
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4766
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽767
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10888
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽109262
₽100927
₽33737
₽76873
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
163 000
microenterprise
-
-
-
-
income
-
-
-
27 629
surtax
-
-
-
41 566
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.

-
-
-
38 930
total
-
-
-
108 125
Employee
29 690
-
119 053
-
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.

3 266
-
13 096
-
surtax
-
-
-
-
income
5 285
-
23 213
-
total
8 551
-
36 309
-
Employer
29 690
-
119 053
-
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.

7 152
-
28 680
-
surtax
-
-
-
-
total
7 152
-
28 680
-
Corporate
126 159
163 000
-
-
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%.

25 232
32 600
-
-
total
25 232
32 600
-
-
Dividends

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

100 927
130 400
-
-
total
-
-
-
-
Income
163 000
163 000
163 000
163 000
Total tax
40 935
32 600
64 989
108 125
After tax
122 065
130 400
98 011
54 875
Living cost
21 138
21 138
21 138
21 138
Free-cash
100 927
109 262
76 873
33 737

Estimated living cost  is ₽21138 per week

₽13486
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2013
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.
₽5160
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽37898
₽31674
₽48537
₽57540
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
163 000
income
-
-
-
47 465
pensions
-
-
-
11 905
health
-
-
-
12 529
total
-
-
-
71 899
Employee
86 768
86 768
144 117
-
health
13 318
11 328
12 529
-
income

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

14 202
14 202
19 580
-
pensions
15 618
11 905
11 905
-
total
43 138
37 435
44 014
-
Employer
86 768
86 768
144 117
-
unemployment
3 124
3 124
3 881
-
pensions
6 039
6 039
7 506
-
health
6 031
6 031
7 495
-
total
15 194
15 194
18 882
-
Corporate
62 103
61 038
-
-
income
12 421
12 207
-
-
total
12 421
12 207
-
-
Dividends
49 681
48 831
-
-
income
10 557
10 377
-
-
withholding
7 452
7 325
-
-
total
18 009
17 702
-
-
Income
163 000
163 000
163 000
163 000
Total tax
88 762
82 538
62 896
71 899
After tax
74 238
80 462
100 104
91 101
Living cost
42 564
42 564
42 564
42 564
Free-cash
31 674
37 898
57 540
48 537

Estimated living cost  is ₽42564 per week

₽30164
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3837
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽677
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7886
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽49856
₽48976
₽45161
₽44212
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
163 000
municipal
-
-
-
41 196
accident
-
-
-
172
pensions
-
-
-
9 273
other
-
-
-
9 968
unemployment
-
-
-
86
health
-
-
-
5 353
national
-
-
-
12 649
total
-
-
-
78 697
Employee
55 773
-
136 047
-
municipal
16 632
-
40 569
-
national
-
-
12 123
-
total
16 632
-
52 692
-
Employer
55 773
-
136 047
-
accident
112
-
172
-
other
6 481
-
9 968
-
unemployment
1 472
-
2 265
-
pensions
6 029
-
9 273
-
health
3 430
-
5 276
-
total
17 524
-
26 954
-
Corporate
89 703
163 000
-
-
income
19 735
35 860
-
-
total
19 735
35 860
-
-
Dividends
69 968
127 140
-
-
withholding
20 991
38 142
-
-
total
20 991
38 142
-
-
Income
163 000
163 000
163 000
163 000
Total tax
74 882
74 002
79 646
78 697
After tax
88 118
88 998
83 354
84 303
Living cost
39 142
39 142
39 142
39 142
Free-cash
48 976
49 856
44 212
45 161

Estimated living cost  is ₽39142 per week

₽25941
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3841
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.
₽8765
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽41487
₽55762
₽45814
₽64857
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
163 000
trade
-
-
-
19 043
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.

-
-
-
48 613
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.

-
-
-
6 941
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.

-
-
-
2 674
total
-
-
-
77 271
Employee

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

51 527
-
163 000
-
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.

6 941
-
6 941
-
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.

243
-
2 674
-
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.

4 427
-
48 613
-
total
11 611
-
58 228
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
111 473
163 000
-
-
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.

920
1 344
-
-
income
16 721
24 449
-
-
trade
18 337
26 813
-
-
chamber of commerce
312
386
-
-
total
36 290
52 992
-
-
Dividends
75 183
110 008
-
-
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.

1 012
1 490
-
-
withholding
18 410
27 116
-
-
total
19 422
28 606
-
-
Income
163 000
163 000
163 000
163 000
Total tax
67 323
81 598
58 228
77 271
After tax
95 677
81 402
104 772
85 729
Living cost
39 915
39 915
39 915
39 915
Free-cash
55 762
41 487
64 857
45 814

Estimated living cost  is ₽39915 per week

₽26696
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4209
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽596
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8415
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽86006
₽81793
₽79254
₽77777
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
163 000
income
-
-
-
30 193
health
-
-
-
4 157
social contributions
-
-
-
16 440
total
-
-
-
50 790
Employee
78 130
78 130
151 452
-
social contributions
3 797
6 484
8 746
-
health
777
1 329
2 574
-
income
8 204
7 233
29 399
-
total
12 778
15 046
40 719
-
Employer
78 130
78 130
151 452
-
social contributions
3 797
6 484
8 746
-
health
846
1 446
2 802
-
total
4 643
7 930
11 548
-
Corporate
112 623
76 939
-
-
income
14 078
9 618
-
-
total
14 078
9 618
-
-
Dividends
98 545
67 321
-
-
withholding
16 752
11 444
-
-
total
16 752
11 444
-
-
Income
163 000
163 000
163 000
163 000
Total tax
48 251
44 038
52 267
50 790
After tax
114 749
118 962
110 733
112 210
Living cost
32 956
32 956
32 956
32 956
Free-cash
81 793
86 006
77 777
79 254

Estimated living cost  is ₽32956 per week

₽22529
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2574
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽553
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7300
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽73195
₽73580
₽94516
₽76091
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
163 000
income
-
-
-
19 927
pensions
-
-
-
16 300
unemployment
-
-
-
2 445
health
-
-
-
11 410
total
-
-
-
50 082
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.

26 564
10 572
136 402
-
health
1 859
740
9 548
-
income
3 247
1 292
16 675
-
pensions
2 656
1 057
13 640
-
unemployment
398
159
2 046
-
total
8 160
3 248
41 909
-
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.

26 564
10 572
136 402
-
pensions
5 180
2 062
26 598
-
total
5 180
2 062
26 598
-
Corporate
131 256
150 366
-
-
income
11 813
13 533
-
-
total
11 813
13 533
-
-
Dividends
119 443
136 833
-
-
social contributions
23 171
26 562
-
-
withholding
22 694
25 998
-
-
total
45 865
52 560
-
-
Income
163 000
163 000
163 000
163 000
Total tax
71 018
71 403
68 507
50 082
After tax
91 982
91 597
94 493
112 918
Living cost
18 402
18 402
18 402
18 402
Free-cash
73 580
73 195
76 091
94 516

Estimated living cost  is ₽18402 per week

₽12558
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1506
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽368
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3971
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽105858
₽99546
₽62825
₽69409
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
163 000
income
-
-
-
21 842
pensions
-
-
-
32 600
health
-
-
-
21 191
total
-
-
-
75 633
Employee
28 824
-
121 824
-
income
3 245
-
23 487
-
pensions
577
-
2 437
-
unemployment
461
-
1 949
-
total
4 283
-
27 873
-
Employer
28 824
-
121 824
-
unemployment
231
-
974
-
pensions
5 765
-
24 364
-
health
3 746
-
15 838
-
total
9 742
-
41 176
-
Corporate
124 433
163 000
-
-
income
24 887
32 600
-
-
total
24 887
32 600
-
-
Dividends
99 546
130 400
-
-
total
-
-
-
-
Income
163 000
163 000
163 000
163 000
Total tax
38 912
32 600
69 049
75 633
After tax
124 088
130 400
93 951
87 367
Living cost
24 542
24 542
24 542
24 542
Free-cash
99 546
105 858
69 409
62 825

Estimated living cost  is ₽24542 per week

₽16833
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1462
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.
₽5754
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽8987
₽9798
₽89289
₽65833
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
163 000
accident
-
-
-
255
income
-
-
-
44 495
pensions
-
-
-
4 197
other
-
-
-
374
health
-
-
-
2 200
total
-
-
-
51 521
Employee
34 905
-
145 878
-
health
3 997
-
16 703
-
income
4 789
-
33 457
-
pensions
3 930
-
7 695
-
total
12 716
-
57 855
-
Employer
34 905
-
145 878
-
accident
583
-
2 436
-
unemployment
855
-
3 574
-
pensions
5 676
-
11 112
-
total
7 114
-
17 122
-
Corporate
120 981
163 000
-
-
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.

108 883
146 700
-
-
total
108 883
146 700
-
-
Dividends
12 098
16 300
-
-
withholding
2 299
3 097
-
-
total
2 299
3 097
-
-
Income
163 000
163 000
163 000
163 000
Total tax
131 012
149 797
74 977
51 521
After tax
31 988
13 203
88 023
111 479
Living cost
22 190
22 190
22 190
22 190
Free-cash
9 798
-8 987
65 833
89 289

Estimated living cost  is ₽22190 per week

₽16263
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1229
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽463
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4234
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽145588
₽143852
₽152108
₽121138
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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%.

-
-
-
163 000
microenterprise

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

-
-
-
1 630
total
-
-
-
1 630
Employee
11 577
-
163 000
-
income
2 315
-
32 600
-
total
2 315
-
32 600
-
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%.

151 423
163 000
-
-
total
-
-
-
-
Dividends
151 423
163 000
-
-
withholding
7 571
8 150
-
-
total
7 571
8 150
-
-
Income
163 000
163 000
163 000
163 000
Total tax
9 886
8 150
32 600
1 630
After tax
153 114
154 850
130 400
161 370
Living cost
9 262
9 262
9 262
9 262
Free-cash
143 852
145 588
121 138
152 108

Estimated living cost  is ₽9262 per week

₽5740
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽770
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽255
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2498
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽92681
₽85822
₽61060
₽65690
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
163 000
income
-
-
-
23 645
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.

-
-
-
37 083
other
-
-
-
7 339
health
-
-
-
6 799
total
-
-
-
74 866
Employee
36 892
-
130 192
-
health
517
-
1 822
-
income
6 351
-
25 190
-
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.

2 582
-
9 114
-
unemployment
368
-
1 302
-
total
9 818
-
37 428
-
Employer
36 892
-
130 192
-
accident
295
-
1 041
-
other
1 845
-
6 510
-
unemployment
368
-
1 302
-
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.

6 272
-
22 133
-
health
517
-
1 822
-
total
9 297
-
32 808
-
Corporate
116 810
163 000
-
-
income
24 530
34 231
-
-
total
24 530
34 231
-
-
Dividends
92 280
128 769
-
-
withholding
6 459
9 014
-
-
total
6 459
9 014
-
-
Income
163 000
163 000
163 000
163 000
Total tax
50 104
43 245
70 236
74 866
After tax
112 896
119 755
92 764
88 134
Living cost
27 074
27 074
27 074
27 074
Free-cash
85 822
92 681
65 690
61 060

Estimated living cost  is ₽27074 per week

₽19129
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1828
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽436
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5680
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽40150
₽39682
₽40980
₽26130
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
163 000
income
-
-
-
44 764
pensions
-
-
-
8 859
total
-
-
-
53 623
Employee
96 771
-
142 547
-
health
1 595
-
2 133
-
income
17 444
-
34 865
-
pensions
9 336
-
11 021
-
total
28 375
-
48 019
-
Employer
96 771
-
142 547
-
pensions
11 426
-
17 744
-
health
1 838
-
2 710
-
total
13 264
-
20 454
-
Corporate
52 965
163 000
-
-
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.

10 063
30 969
-
-
total
10 063
30 969
-
-
Dividends
42 902
132 031
-
-
withholding
3 219
23 484
-
-
total
3 219
23 484
-
-
Income
163 000
163 000
163 000
163 000
Total tax
54 921
54 453
68 473
53 623
After tax
108 079
108 547
94 527
109 377
Living cost
68 397
68 397
68 397
68 397
Free-cash
39 682
40 150
26 130
40 980

Estimated living cost  is ₽68397 per week

₽51251
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽8036
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽556
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8554
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽126043
₽121323
₽115751
₽121972
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
163 000
income
-
-
-
24 450
pensions

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

-
-
-
5 253
unemployment
-
-
-
142
health
-
-
-
4 082
total
-
-
-
33 927
Employee
17 640
-
156 037
-
health
811
-
1 633
-
accident

We are using the highest rate at 1.1%.

194
-
390
-
income
1 764
-
15 604
-
pensions

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

1 549
-
3 116
-
total
4 318
-
20 743
-
Employer
17 640
-
156 037
-
accident

We are using the highest rate at 1.1%.

194
-
390
-
unemployment
105
-
213
-
pensions

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

1 944
-
3 911
-
health
1 218
-
2 449
-
total
3 461
-
6 963
-
Corporate
141 898
163 000
-
-
income
14 190
16 300
-
-
total
14 190
16 300
-
-
Dividends
127 708
146 700
-
-
withholding
6 386
7 335
-
-
total
6 386
7 335
-
-
Income
163 000
163 000
163 000
163 000
Total tax
28 355
23 635
27 706
33 927
After tax
134 645
139 365
135 294
129 073
Living cost
13 322
13 322
13 322
13 322
Free-cash
121 323
126 043
121 972
115 751

Estimated living cost  is ₽13322 per week

₽7778
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽951
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽353
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4240
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽24120
₽26676
₽34759
₽43762
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
163 000
income
-
-
-
47 465
pensions
-
-
-
11 905
health
-
-
-
12 529
total
-
-
-
71 899
Employee
94 202
86 768
144 117
-
health
11 752
11 328
12 529
-
income

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

14 202
14 202
19 580
-
pensions
11 905
11 905
11 905
-
total
37 859
37 435
44 014
-
Employer
94 202
86 768
144 117
-
unemployment
3 392
3 124
3 881
-
pensions
6 556
6 039
7 506
-
health
6 546
6 031
7 495
-
total
16 494
15 194
18 882
-
Corporate
52 305
61 038
-
-
income
10 460
12 207
-
-
total
10 460
12 207
-
-
Dividends
41 844
48 831
-
-
income
8 893
10 377
-
-
withholding
6 276
7 325
-
-
total
15 169
17 702
-
-
Income
163 000
163 000
163 000
163 000
Total tax
79 982
82 538
62 896
71 899
After tax
83 018
80 462
100 104
91 101
Living cost
56 342
56 342
56 342
56 342
Free-cash
26 676
24 120
43 762
34 759

Estimated living cost  is ₽56342 per week

₽41562
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽5033
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽646
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9103
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽87951
₽79291
₽65882
₽58895
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
163 000
income
-
-
-
15 910
health
-
-
-
22 005
solidarity contribution
-
-
-
-
social contributions
-
-
-
34 929
total
-
-
-
72 844
Employee
35 696
-
122 106
-
social contributions
2 320
-
7 775
-
health
4 819
-
16 484
-
solidarity contribution
-
-
-
-
income
4 284
-
14 677
-
total
11 423
-
38 936
-
Employer
35 696
-
122 106
-
social contributions
8 924
-
29 905
-
health
3 213
-
10 990
-
total
12 137
-
40 895
-
Corporate
115 167
163 000
-
-
income
21 882
30 970
-
-
total
21 882
30 970
-
-
Dividends
93 285
132 030
-
-
withholding
13 993
19 805
-
-
total
13 993
19 805
-
-
Income
163 000
163 000
163 000
163 000
Total tax
59 435
50 775
79 831
72 844
After tax
103 565
112 225
83 169
90 156
Living cost
24 274
24 274
24 274
24 274
Free-cash
79 291
87 951
58 895
65 882

Estimated living cost  is ₽24274 per week

₽16861
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1727
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.
₽5209
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽44092
₽38789
₽35962
₽28599
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
163 000
municipal
-
-
-
968
regional
-
-
-
1 908
national
-
-
-
39 364
social contributions
-
-
-
41 924
total
-
-
-
84 164
Employee
90 301
-
163 000
-
social contributions
30 450
-
54 964
-
regional
852
-
1 682
-
municipal
478
-
864
-
national
15 647
-
34 017
-
total
47 427
-
91 527
-
Employer
90 301
-
163 000
-
total
-
-
-
-
Corporate
72 699
163 000
-
-
nationa
17 448
39 121
-
-
municipal
2 834
6 357
-
-
total
20 282
45 478
-
-
Dividends
52 416
117 522
-
-
withholding
13 628
30 556
-
-
total
13 628
30 556
-
-
Income
163 000
163 000
163 000
163 000
Total tax
81 337
76 034
91 527
84 164
After tax
81 663
86 966
71 473
78 836
Living cost
42 874
42 874
42 874
42 874
Free-cash
38 789
44 092
28 599
35 962

Estimated living cost  is ₽42874 per week

₽29887
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2811
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽658
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9517
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽80106
₽76944
₽54924
₽48689
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
163 000
income
-
-
-
42 441
pensions
-
-
-
27 122
other
-
-
-
-
unemployment
-
-
-
231
health
-
-
-
9 627
surtax
-
-
-
6 234
total
-
-
-
85 655
Employee
33 601
-
134 654
-
other
-
-
-
-
health
858
-
3 432
-
surtax
110
-
5 237
-
income
5 632
-
36 521
-
pensions
2 241
-
8 981
-
unemployment
2 339
-
9 373
-
total
11 180
-
63 544
-
Employer
33 601
-
134 654
-
other
-
-
-
-
unemployment
1 064
-
4 269
-
pensions
4 479
-
17 949
-
health
1 529
-
6 128
-
total
7 072
-
28 346
-
Corporate
122 327
163 000
-
-
income
31 805
42 379
-
-
total
31 805
42 379
-
-
Dividends
90 522
120 621
-
-
withholding
13 578
18 094
-
-
total
13 578
18 094
-
-
Income
163 000
163 000
163 000
163 000
Total tax
63 635
60 473
91 890
85 655
After tax
99 365
102 527
71 110
77 345
Living cost
22 421
22 421
22 421
22 421
Free-cash
76 944
80 106
48 689
54 924

Estimated living cost  is ₽22421 per week

₽13709
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2069
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽517
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6126
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽61820
₽67354
₽62650
₽47800
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
163 000
income
-
-
-
44 764
pensions
-
-
-
8 859
total
-
-
-
53 623
Employee
64 853
-
142 547
-
health
941
-
2 133
-
income
11 680
-
34 865
-
pensions
5 505
-
11 021
-
total
18 126
-
48 019
-
Employer
64 853
-
142 547
-
pensions
7 020
-
17 744
-
health
1 232
-
2 710
-
total
8 252
-
20 454
-
Corporate
89 894
163 000
-
-
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.

17 079
30 969
-
-
total
17 079
30 969
-
-
Dividends
72 815
132 031
-
-
withholding
5 462
23 484
-
-
total
5 462
23 484
-
-
Income
163 000
163 000
163 000
163 000
Total tax
48 919
54 453
68 473
53 623
After tax
114 081
108 547
94 527
109 377
Living cost
46 727
46 727
46 727
46 727
Free-cash
67 354
61 820
47 800
62 650

Estimated living cost  is ₽46727 per week

₽35007
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3502
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽489
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7728
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽3090
₽30123
₽55237
₽47316
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
163 000
city
-
-
-
1 719
pensions
-
-
-
14 997
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.

-
-
-
3 260
regional
-
-
-
7 614
health
-
-
-
367
national
-
-
-
2 180
total
-
-
-
30 137
Employee
90 843
-
145 894
-
city
975
-
1 567
-
regional
2 975
-
6 601
-
health
205
-
329
-
pensions
7 632
-
12 254
-
unemployment
-
-
-
-
national
430
-
1 805
-
total
12 217
-
22 556
-
Employer
90 843
-
145 894
-
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.

1 816
-
2 919
-
unemployment
-
-
-
-
pensions
7 632
-
12 254
-
health
205
-
329
-
total
9 653
-
15 502
-
Corporate
61 504
163 000
-
-
regional
13 009
34 474
-
-
national
5 228
13 854
-
-
total
18 237
48 328
-
-
Dividends
43 268
114 672
-
-
withholding
15 144
40 136
-
-
total
15 144
40 136
-
-
Income
163 000
163 000
163 000
163 000
Total tax
55 251
88 464
38 058
30 137
After tax
107 749
74 536
124 942
132 863
Living cost
77 626
77 626
77 626
77 626
Free-cash
30 123
-3 090
47 316
55 237

Estimated living cost  is ₽77626 per week

₽50479
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽6966
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽953
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽19228
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽34016
₽50491
₽38374
₽58226
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
163 000
trade
-
-
-
19 852
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.

-
-
-
48 613
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.

-
-
-
6 941
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.

-
-
-
2 674
total
-
-
-
78 080
Employee

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

61 064
-
163 000
-
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.

6 941
-
6 941
-
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.

395
-
2 674
-
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.

7 181
-
48 613
-
total
14 517
-
58 228
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
101 936
163 000
-
-
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.

841
1 344
-
-
income
15 290
24 449
-
-
trade
17 483
27 955
-
-
chamber of commerce
297
384
-
-
total
33 911
54 132
-
-
Dividends
68 026
108 869
-
-
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.

914
1 475
-
-
withholding
16 621
26 831
-
-
total
17 535
28 306
-
-
Income
163 000
163 000
163 000
163 000
Total tax
65 963
82 438
58 228
78 080
After tax
97 037
80 562
104 772
84 920
Living cost
46 546
46 546
46 546
46 546
Free-cash
50 491
34 016
58 226
38 374

Estimated living cost  is ₽46546 per week

₽33996
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3723
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽605
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8224
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽47389
₽53392
₽57351
₽56591
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
163 000
income
-
-
-
24 208
pensions
-
-
-
30 587
other
-
-
-
5 054
health
-
-
-
6 394
surtax
-
-
-
-
social contributions
-
-
-
4 643
total
-
-
-
70 886
Employee
43 486
-
127 198
-
social contributions
1 240
-
3 625
-
surtax
-
-
-
-
income
2 566
-
23 807
-
pensions
4 917
-
8 411
-
total
8 723
-
35 843
-
Employer
43 486
-
127 198
-
other
1 500
-
4 777
-
social contributions
131
-
382
-
unemployment
1 760
-
5 152
-
pensions
7 144
-
14 236
-
health
3 045
-
11 256
-
total
13 580
-
35 803
-
Corporate
105 934
163 000
-
-
surtax
-
-
-
-
income
29 661
45 640
-
-
total
29 661
45 640
-
-
Dividends
76 273
117 360
-
-
surtax
-
-
-
-
social contributions
13 119
20 186
-
-
withholding
9 762
15 022
-
-
total
22 881
35 208
-
-
Income
163 000
163 000
163 000
163 000
Total tax
74 845
80 848
71 646
70 886
After tax
88 155
82 152
91 354
92 114
Living cost
34 763
34 763
34 763
34 763
Free-cash
53 392
47 389
56 591
57 351

Estimated living cost  is ₽34763 per week

₽21919
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2827
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽592
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9427
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽50833
₽56480
₽60795
₽60035
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
163 000
income
-
-
-
24 208
pensions
-
-
-
30 587
other
-
-
-
5 054
health
-
-
-
6 394
surtax
-
-
-
-
social contributions
-
-
-
4 643
total
-
-
-
70 886
Employee
38 817
-
127 198
-
social contributions
1 107
-
3 625
-
surtax
-
-
-
-
income
2 001
-
23 807
-
pensions
4 390
-
8 411
-
total
7 498
-
35 843
-
Employer
38 817
-
127 198
-
other
1 340
-
4 777
-
social contributions
116
-
382
-
unemployment
1 571
-
5 152
-
pensions
6 378
-
14 236
-
health
2 717
-
11 256
-
total
12 122
-
35 803
-
Corporate
112 060
163 000
-
-
surtax
-
-
-
-
income
31 377
45 640
-
-
total
31 377
45 640
-
-
Dividends
80 683
117 360
-
-
surtax
-
-
-
-
social contributions
13 877
20 186
-
-
withholding
10 327
15 022
-
-
total
24 204
35 208
-
-
Income
163 000
163 000
163 000
163 000
Total tax
75 201
80 848
71 646
70 886
After tax
87 799
82 152
91 354
92 114
Living cost
31 319
31 319
31 319
31 319
Free-cash
56 480
50 833
60 035
60 795

Estimated living cost  is ₽31319 per week

₽18163
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3181
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.
₽9381
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽77899
₽78429
₽83134
₽80242
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
163 000
income
-
-
-
24 449
health
-
-
-
11 378
social contributions
-
-
-
22 494
total
-
-
-
58 321
Employee
34 451
-
163 000
-
social contributions
4 755
-
22 494
-
health
2 404
-
11 378
-
income
5 746
-
27 341
-
total
12 905
-
61 213
-
Employer
34 451
-
163 000
-
total
-
-
-
-
Corporate
128 549
163 000
-
-
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%.

6 427
8 150
-
-
total
6 427
8 150
-
-
Dividends
122 123
154 850
-
-
health
8 524
10 809
-
-
social contributions
16 852
21 370
-
-
withholding
18 318
23 227
-
-
total
43 694
55 406
-
-
Income
163 000
163 000
163 000
163 000
Total tax
63 026
63 556
61 213
58 321
After tax
99 974
99 444
101 787
104 679
Living cost
21 545
21 545
21 545
21 545
Free-cash
78 429
77 899
80 242
83 134

Estimated living cost  is ₽21545 per week

₽14419
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1329
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽496
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5301
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽54537
₽52965
₽47812
₽7068
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
163 000
chamber of commerce
-
-
-
652
income
-
-
-
41 261
pensions
-
-
-
21 960
unemployment
-
-
-
6 232
health
-
-
-
9 080
surtax
-
-
-
201
total
-
-
-
79 386
Employee
50 778
40 492
127 963
-
other
507
405
1 188
-
health
1 965
1 568
4 593
-
income
5 781
2 987
32 569
-
pensions
5 200
4 146
12 155
-
unemployment
1 523
1 215
3 561
-
total
14 976
10 321
54 066
-
Employer
50 778
40 492
127 963
-
accident
659
526
1 543
-
other
2 412
1 922
5 999
-
chamber of commerce
202
162
511
-
unemployment
1 523
1 215
3 561
-
surtax
201
201
201
-
pensions
6 373
5 083
14 897
-
payroll
1 523
1 215
3 839
-
health
1 919
1 531
4 487
-
total
14 812
11 855
35 038
-
Corporate
97 410
110 654
124 107
-
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.

24 353
27 663
31 026
-
total
24 353
27 663
31 026
-
Dividends
73 057
82 991
-
-
withholding
20 092
22 822
-
-
total
20 092
22 822
-
-
Income
163 000
163 000
163 000
163 000
Total tax
74 233
72 661
120 130
79 386
After tax
88 767
90 339
42 870
83 614
Living cost
35 802
35 802
35 802
35 802
Free-cash
52 965
54 537
7 068
47 812

Estimated living cost  is ₽35802 per week

₽23878
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3054
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽588
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8281
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽54147
₽38907
₽33525
₽21234
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
163 000
national
-
-
-
58 854
communal

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

-
-
-
8 262
social contributions
-
-
-
25 312
total
-
-
-
92 428
Employee

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

72 680
-
126 247
-
communal

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

3 791
-
6 585
-
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.

3 415
-
5 933
-
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.

5 451
-
9 469
-
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.

632
-
1 099
-
national
22 345
-
44 884
-
total
35 634
-
67 970
-
Employer

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

72 680
-
126 247
-
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.

945
-
1 641
-
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.

1 060
-
1 843
-
surtax
8 241
-
14 315
-
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.

6 440
-
11 185
-
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.

4 470
-
7 765
-
total
21 156
-
36 749
-
Corporate
69 164
163 000
-
-
surtax
276
652
-
-
income
13 833
32 600
-
-
total
14 109
33 252
-
-
Dividends
55 056
129 749
-
-
withholding

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

16 147
38 554
-
-
total
16 147
38 554
-
-
Income
163 000
163 000
163 000
163 000
Total tax
87 046
71 806
104 719
92 428
After tax
75 954
91 194
58 281
70 572
Living cost
37 047
37 047
37 047
37 047
Free-cash
38 907
54 147
21 234
33 525

Estimated living cost  is ₽37047 per week

₽23863
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3239
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.
₽9365
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽72150
₽64898
₽54962
₽50697
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
163 000
accident
-
-
-
848
income
-
-
-
43 092
pensions
-
-
-
26 651
other
-
-
-
94
unemployment
-
-
-
659
total
-
-
-
71 344
Employee
50 577
-
132 976
-
other
50
-
94
-
income
10 671
-
39 604
-
pensions
2 377
-
4 427
-
unemployment
785
-
1 460
-
total
13 883
-
45 585
-
Employer
50 577
-
132 976
-
accident
1 001
-
1 865
-
other
403
-
754
-
unemployment
2 782
-
5 179
-
pensions
11 935
-
22 226
-
total
16 121
-
30 024
-
Corporate
96 301
163 000
-
-
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.

14 446
24 449
-
-
total
14 446
24 449
-
-
Dividends
81 856
138 551
-
-
withholding
16 958
29 707
-
-
total
16 958
29 707
-
-
Income
163 000
163 000
163 000
163 000
Total tax
61 408
54 156
75 609
71 344
After tax
101 592
108 844
87 391
91 656
Living cost
36 694
36 694
36 694
36 694
Free-cash
64 898
72 150
50 697
54 962

Estimated living cost  is ₽36694 per week

₽27021
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2603
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽528
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6540
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽41092
₽28867
₽27159
₽33658
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
163 000
accident
-
-
-
1 375
income
-
-
-
24 981
pensions
-
-
-
24 432
health
-
-
-
11 453
surtax
-
-
-
8 081
communal
-
-
-
10 302
total
-
-
-
80 624
Employee
76 946
-
145 600
-
health
3 424
-
6 479
-
surtax
4 716
-
8 924
-
income
7 432
-
29 674
-
pensions
6 155
-
11 648
-
total
21 727
-
56 725
-
Employer
76 946
-
145 600
-
accident
692
-
1 311
-
pensions
6 155
-
11 648
-
health
2 347
-
4 441
-
total
9 194
-
17 400
-
Corporate
76 861
163 000
-
-
surtax
808
1 712
-
-
communal
5 189
11 002
-
-
income
11 529
24 449
-
-
total
17 526
37 163
-
-
Dividends
59 336
125 836
-
-
income
21 569
10 653
-
-
withholding
8 900
18 875
-
-
total
30 469
29 528
-
-
Income
163 000
163 000
163 000
163 000
Total tax
78 916
66 691
74 125
80 624
After tax
84 084
96 309
88 875
82 376
Living cost
55 217
55 217
55 217
55 217
Free-cash
28 867
41 092
33 658
27 159

Estimated living cost  is ₽55217 per week

₽41421
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3345
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.
₽9865
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽79705
₽76475
₽54523
₽48288
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
163 000
income
-
-
-
42 441
pensions
-
-
-
27 122
other
-
-
-
-
unemployment
-
-
-
231
health
-
-
-
9 627
surtax
-
-
-
6 234
total
-
-
-
85 655
Employee
34 217
-
134 654
-
other
-
-
-
-
health
873
-
3 432
-
surtax
121
-
5 237
-
income
5 736
-
36 521
-
pensions
2 283
-
8 981
-
unemployment
2 381
-
9 373
-
total
11 394
-
63 544
-
Employer
34 217
-
134 654
-
other
-
-
-
-
unemployment
1 086
-
4 269
-
pensions
4 562
-
17 949
-
health
1 556
-
6 128
-
total
7 204
-
28 346
-
Corporate
121 579
163 000
-
-
income
31 610
42 379
-
-
total
31 610
42 379
-
-
Dividends
89 968
120 621
-
-
withholding
13 495
18 094
-
-
total
13 495
18 094
-
-
Income
163 000
163 000
163 000
163 000
Total tax
63 703
60 473
91 890
85 655
After tax
99 297
102 527
71 110
77 345
Living cost
22 822
22 822
22 822
22 822
Free-cash
76 475
79 705
48 288
54 523

Estimated living cost  is ₽22822 per week

₽13779
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1984
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽530
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6531
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽58305
₽56048
₽50916
₽43591
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
163 000
municipal
-
-
-
968
regional
-
-
-
2 457
national
-
-
-
39 364
social contributions
-
-
-
41 924
total
-
-
-
84 713
Employee
56 363
-
163 000
-
social contributions
19 006
-
54 964
-
regional
759
-
2 193
-
municipal
299
-
864
-
national
8 929
-
34 017
-
total
28 993
-
92 038
-
Employer
56 363
-
163 000
-
total
-
-
-
-
Corporate
106 637
163 000
-
-
nationa
25 593
39 121
-
-
municipal
5 301
8 100
-
-
total
30 894
47 221
-
-
Dividends
75 744
115 779
-
-
withholding
19 694
30 103
-
-
total
19 694
30 103
-
-
Income
163 000
163 000
163 000
163 000
Total tax
79 581
77 324
92 038
84 713
After tax
83 419
85 676
70 962
78 287
Living cost
27 371
27 371
27 371
27 371
Free-cash
56 048
58 305
43 591
50 916

Estimated living cost  is ₽27371 per week

₽17022
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2773
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽469
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7107
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽82314
₽71644
₽60245
₽53258
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
163 000
income
-
-
-
15 910
health
-
-
-
22 005
solidarity contribution
-
-
-
-
social contributions
-
-
-
34 929
total
-
-
-
72 844
Employee
43 987
-
122 106
-
social contributions
2 859
-
7 775
-
health
5 938
-
16 484
-
solidarity contribution
-
-
-
-
income
5 278
-
14 677
-
total
14 075
-
38 936
-
Employer
43 987
-
122 106
-
social contributions
10 997
-
29 905
-
health
3 959
-
10 990
-
total
14 956
-
40 895
-
Corporate
104 057
163 000
-
-
income
19 771
30 970
-
-
total
19 771
30 970
-
-
Dividends
84 286
132 030
-
-
withholding
12 643
19 805
-
-
total
12 643
19 805
-
-
Income
163 000
163 000
163 000
163 000
Total tax
61 445
50 775
79 831
72 844
After tax
101 555
112 225
83 169
90 156
Living cost
29 911
29 911
29 911
29 911
Free-cash
71 644
82 314
53 258
60 245

Estimated living cost  is ₽29911 per week

₽22244
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1657
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽517
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5493
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽58031
₽57533
₽51399
₽10517
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
163 000
chamber of commerce
-
-
-
652
income
-
-
-
41 261
pensions
-
-
-
21 960
unemployment
-
-
-
6 232
health
-
-
-
9 080
surtax
-
-
-
-
total
-
-
-
79 185
Employee
44 415
40 492
128 148
-
other
443
405
1 188
-
health
1 718
1 568
4 593
-
income
3 957
2 987
32 646
-
pensions
4 549
4 146
12 155
-
unemployment
1 332
1 215
3 561
-
total
11 999
10 321
54 143
-
Employer
44 415
40 492
128 148
-
accident
577
526
1 543
-
other
2 109
1 922
6 006
-
chamber of commerce
177
162
513
-
unemployment
1 332
1 215
3 561
-
surtax
-
-
-
-
pensions
5 574
5 083
14 897
-
payroll
1 332
1 215
3 845
-
health
1 679
1 531
4 487
-
total
12 780
11 654
34 852
-
Corporate
105 803
110 855
124 292
-
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.

26 451
27 714
31 072
-
total
26 451
27 714
31 072
-
Dividends
79 352
83 141
-
-
withholding
21 821
22 864
-
-
total
21 821
22 864
-
-
Income
163 000
163 000
163 000
163 000
Total tax
73 051
72 553
120 067
79 185
After tax
89 949
90 447
42 933
83 815
Living cost
32 416
32 416
32 416
32 416
Free-cash
57 533
58 031
10 517
51 399

Estimated living cost  is ₽32416 per week

₽19446
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3311
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽578
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9082
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽140417
₽137711
₽146937
₽115967
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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%.

-
-
-
163 000
microenterprise

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

-
-
-
1 630
total
-
-
-
1 630
Employee
18 041
-
163 000
-
income
3 608
-
32 600
-
total
3 608
-
32 600
-
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%.

144 959
163 000
-
-
total
-
-
-
-
Dividends
144 959
163 000
-
-
withholding
7 248
8 150
-
-
total
7 248
8 150
-
-
Income
163 000
163 000
163 000
163 000
Total tax
10 856
8 150
32 600
1 630
After tax
152 144
154 850
130 400
161 370
Living cost
14 433
14 433
14 433
14 433
Free-cash
137 711
140 417
115 967
146 937

Estimated living cost  is ₽14433 per week

₽9767
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽606
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.
₽3576
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽84973
₽76473
₽53168
₽48852
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
163 000
income
-
-
-
36 527
pensions
-
-
-
29 767
unemployment
-
-
-
245
health
-
-
-
16 040
total
-
-
-
82 579
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.

44 931
-
141 038
-
health
2 902
-
9 111
-
income
7 748
-
33 767
-
pensions
6 965
-
21 862
-
unemployment
64
-
197
-
total
17 679
-
64 937
-
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.

44 931
-
141 038
-
unemployment
27
-
85
-
pensions
3 976
-
12 481
-
health
2 993
-
9 392
-
total
6 996
-
21 958
-
Corporate
111 074
163 000
-
-
income
21 104
30 970
-
-
total
21 104
30 970
-
-
Dividends
89 970
132 030
-
-
withholding
13 495
19 804
-
-
total
13 495
19 804
-
-
Income
163 000
163 000
163 000
163 000
Total tax
59 274
50 774
86 895
82 579
After tax
103 726
112 226
76 105
80 421
Living cost
27 253
27 253
27 253
27 253
Free-cash
76 473
84 973
48 852
53 168

Estimated living cost  is ₽27253 per week

₽18703
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1747
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽528
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6276
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽55276
₽6889
₽68753
₽105725
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
163 000
income
-
-
-
31 772
social contributions
-
-
-
18 582
total
-
-
-
50 354
Employee
62 937
-
-
-
social contributions
5 161
-
735
-
income
13 883
-
-
-
total
19 044
-
735
-
Employer
62 937
-
-
-
social contributions
88 740
-
12 647
-
total
88 740
-
12 647
-
Corporate
11 323
163 000
-
-
income
2 491
35 860
-
-
total
2 491
35 860
-
-
Dividends
8 832
127 140
-
-
income
1 943
27 971
-
-
total
1 943
27 971
-
-
Income
163 000
163 000
163 000
163 000
Total tax
112 218
63 831
13 382
50 354
After tax
50 782
99 169
149 618
112 646
Living cost
43 893
43 893
43 893
43 893
Free-cash
6 889
55 276
105 725
68 753

Estimated living cost  is ₽43893 per week

₽28480
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.
₽559
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10726
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽60843
₽59821
₽56012
₽44090
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
163 000
income
-
-
-
18 475
surtax
-
-
-
-
social contributions

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

-
-
-
56 642
total
-
-
-
75 117
Employee
46 731
-
131 717
-
social contributions
5 141
-
14 488
-
surtax
-
-
-
-
income
9 720
-
41 268
-
total
14 861
-
55 756
-
Employer
46 731
-
131 717
-
social contributions
11 099
-
31 283
-
total
11 099
-
31 283
-
Corporate
105 170
163 000
-
-
surtax
-
-
-
-
income
22 085
34 231
-
-
total
22 085
34 231
-
-
Dividends
83 085
128 769
-
-
withholding
23 263
36 055
-
-
total
23 263
36 055
-
-
Income
163 000
163 000
163 000
163 000
Total tax
71 308
70 286
87 039
75 117
After tax
91 692
92 714
75 961
87 883
Living cost
31 871
31 871
31 871
31 871
Free-cash
59 821
60 843
44 090
56 012

Estimated living cost  is ₽31871 per week

₽23846
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1880
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽532
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5613
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽33077
₽40062
₽43040
₽42279
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
163 000
income
-
-
-
24 208
pensions
-
-
-
30 587
other
-
-
-
5 054
health
-
-
-
6 394
surtax
-
-
-
-
social contributions
-
-
-
4 643
total
-
-
-
70 886
Employee
63 638
-
127 198
-
social contributions
1 812
-
3 625
-
surtax
-
-
-
-
income
5 553
-
23 807
-
pensions
7 198
-
8 411
-
total
14 563
-
35 843
-
Employer
63 638
-
127 198
-
other
2 196
-
4 777
-
social contributions
191
-
382
-
unemployment
2 578
-
5 152
-
pensions
10 456
-
14 236
-
health
4 454
-
11 256
-
total
19 875
-
35 803
-
Corporate
79 486
163 000
-
-
surtax
-
-
-
-
income
22 257
45 640
-
-
total
22 257
45 640
-
-
Dividends
57 230
117 360
-
-
surtax
-
-
-
-
social contributions
9 843
20 186
-
-
withholding
7 325
15 022
-
-
total
17 168
35 208
-
-
Income
163 000
163 000
163 000
163 000
Total tax
73 863
80 848
71 646
70 886
After tax
89 137
82 152
91 354
92 114
Living cost
49 074
49 074
49 074
49 074
Free-cash
40 062
33 077
42 279
43 040

Estimated living cost  is ₽49074 per week

₽33213
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4014
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽673
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽11174
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽116157
₽112745
₽90054
₽94387
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
163 000
income
-
-
-
6 544
social contributions
-
-
-
35 860
total
-
-
-
42 404
Employee
32 665
-
141 127
-
income
-
-
7 024
-
social contributions
2 123
-
9 174
-
total
2 123
-
16 198
-
Employer
32 665
-
141 127
-
social contributions
5 063
-
21 873
-
total
5 063
-
21 873
-
Corporate
125 271
163 000
-
-
income
12 527
16 301
-
-
total
12 527
16 301
-
-
Dividends
112 744
146 699
-
-
total
-
-
-
-
Income
163 000
163 000
163 000
163 000
Total tax
19 713
16 301
38 071
42 404
After tax
143 287
146 699
124 929
120 596
Living cost
30 542
30 542
30 542
30 542
Free-cash
112 745
116 157
94 387
90 054

Estimated living cost  is ₽30542 per week

₽19748
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2302
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽575
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7917
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽58352
-₽58352
₽48127
-₽58352
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
163 000
municipal
-
-
-
33 480
pensions
-
-
-
881
national
-
-
-
18 614
labour market
-
-
-
12 970
total
-
-
-
65 945
Employee
206 514
206 514
206 514
-
labour market
16 498
16 498
16 498
-
national
25 229
25 229
25 229
-
municipal
43 976
43 976
43 976
-
pensions
294
294
294
-
total
85 997
85 997
85 997
-
Employer
206 514
206 514
206 514
-
labour market
16 521
16 521
16 521
-
municipal
44 046
44 046
44 046
-
pensions
587
587
587
-
national
25 273
25 273
25 273
-
total
86 427
86 427
86 427
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
163 000
163 000
163 000
163 000
Total tax
172 424
172 424
172 424
65 945
After tax
-9 424
-9 424
-9 424
97 055
Living cost
48 928
48 928
48 928
48 928
Free-cash
-58 352
-58 352
-58 352
48 127

Estimated living cost  is ₽48928 per week

₽33487
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4328
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽752
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10360
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽8659
₽9850
₽89617
₽66161
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
163 000
accident
-
-
-
255
income
-
-
-
44 495
pensions
-
-
-
4 197
other
-
-
-
374
health
-
-
-
2 200
total
-
-
-
51 521
Employee
34 391
-
145 878
-
health
3 938
-
16 703
-
income
4 718
-
33 457
-
pensions
3 873
-
7 695
-
total
12 529
-
57 855
-
Employer
34 391
-
145 878
-
accident
574
-
2 436
-
unemployment
843
-
3 574
-
pensions
5 592
-
11 112
-
total
7 009
-
17 122
-
Corporate
121 600
163 000
-
-
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.

109 440
146 700
-
-
total
109 440
146 700
-
-
Dividends
12 160
16 300
-
-
withholding
2 310
3 097
-
-
total
2 310
3 097
-
-
Income
163 000
163 000
163 000
163 000
Total tax
131 288
149 797
74 977
51 521
After tax
31 712
13 203
88 023
111 479
Living cost
21 862
21 862
21 862
21 862
Free-cash
9 850
-8 659
66 161
89 617

Estimated living cost  is ₽21862 per week

₽15913
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1246
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽410
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4292
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽64122
₽66291
₽68446
₽47514
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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

-
-
-
163 000
municipal
-
-
-
28 965
health
-
-
-
2 086
national
-
-
-
24 494
total
-
-
-
55 545
Employee
53 457
-
137 124
-
health
399
-
1 687
-
municipal
8 756
-
22 342
-
pensions
3 608
-
9 255
-
unemployment
802
-
2 057
-
national
883
-
15 259
-
total
14 448
-
50 600
-
Employer
53 457
-
137 124
-
accident
54
-
137
-
unemployment
347
-
891
-
pensions
9 275
-
23 792
-
health
411
-
1 057
-
total
10 087
-
25 877
-
Corporate
99 457
163 000
-
-
income
19 891
32 600
-
-
total
19 891
32 600
-
-
Dividends

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

59 674
97 800
-
-
national
2 532
9 665
-
-
municipal
10 742
17 604
-
-
total
13 274
27 269
-
-
Income
163 000
163 000
163 000
163 000
Total tax
57 700
59 869
76 477
55 545
After tax
105 300
103 131
86 523
107 455
Living cost
39 009
39 009
39 009
39 009
Free-cash
66 291
64 122
47 514
68 446

Estimated living cost  is ₽39009 per week

₽25481
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.
₽621
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9157
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽95437
₽89907
₽88685
₽87208
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
163 000
income
-
-
-
30 193
health
-
-
-
4 157
social contributions
-
-
-
16 440
total
-
-
-
50 790
Employee
78 130
78 130
151 452
-
social contributions
2 954
6 484
8 746
-
health
605
1 329
2 574
-
income
8 507
7 233
29 399
-
total
12 066
15 046
40 719
-
Employer
78 130
78 130
151 452
-
social contributions
2 954
6 484
8 746
-
health
658
1 446
2 802
-
total
3 612
7 930
11 548
-
Corporate
123 797
76 939
-
-
income
15 476
9 618
-
-
total
15 476
9 618
-
-
Dividends
108 322
67 321
-
-
withholding
18 414
11 444
-
-
total
18 414
11 444
-
-
Income
163 000
163 000
163 000
163 000
Total tax
49 568
44 038
52 267
50 790
After tax
113 432
118 962
110 733
112 210
Living cost
23 525
23 525
23 525
23 525
Free-cash
89 907
95 437
87 208
88 685

Estimated living cost  is ₽23525 per week

₽14099
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2308
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽521
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6598
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽118847
₽113677
₽120246
₽99867
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
163 000
income
-
-
-
16 453
pensions
-
-
-
6 463
unemployment
-
-
-
29
health
-
-
-
3 677
total
-
-
-
26 622
Employee

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

23 322
-
153 070
-
health
1 982
-
8 195
-
income
1 595
-
13 933
-
pensions
3 498
-
14 461
-
unemployment
116
-
482
-
total
7 191
-
37 071
-
Employer

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

23 322
-
153 070
-
unemployment
116
-
482
-
pensions
1 282
-
5 302
-
health
1 003
-
4 146
-
total
2 401
-
9 930
-
Corporate
137 277
163 000
-
-
income
12 356
14 670
-
-
total
12 356
14 670
-
-
Dividends
124 922
148 330
-
-
withholding
11 243
13 351
-
-
total
11 243
13 351
-
-
Income
163 000
163 000
163 000
163 000
Total tax
33 191
28 021
47 001
26 622
After tax
129 809
134 979
115 999
136 378
Living cost
16 132
16 132
16 132
16 132
Free-cash
113 677
118 847
99 867
120 246

Estimated living cost  is ₽16132 per week

₽10293
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1163
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.
₽4196
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽80903
₽76415
₽63715
₽59450
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
163 000
accident
-
-
-
848
income
-
-
-
43 092
pensions
-
-
-
26 651
other
-
-
-
94
unemployment
-
-
-
659
total
-
-
-
71 344
Employee
37 570
-
132 976
-
other
37
-
94
-
income
7 243
-
39 604
-
pensions
1 766
-
4 427
-
unemployment
582
-
1 460
-
total
9 628
-
45 585
-
Employer
37 570
-
132 976
-
accident
744
-
1 865
-
other
301
-
754
-
unemployment
2 067
-
5 179
-
pensions
8 866
-
22 226
-
total
11 978
-
30 024
-
Corporate
113 452
163 000
-
-
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.

17 018
24 449
-
-
total
17 018
24 449
-
-
Dividends
96 434
138 551
-
-
withholding
20 020
29 707
-
-
total
20 020
29 707
-
-
Income
163 000
163 000
163 000
163 000
Total tax
58 644
54 156
75 609
71 344
After tax
104 356
108 844
87 391
91 656
Living cost
27 941
27 941
27 941
27 941
Free-cash
76 415
80 903
59 450
63 715

Estimated living cost  is ₽27941 per week

₽18859
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2686
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽490
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5906
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽98931
₽98475
₽101535
₽101338
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
163 000
income
-
-
-
55 184
pensions
-
-
-
2 029
health
-
-
-
1 471
total
-
-
-
58 684
Employee
4 236
-
160 718
-
health
212
-
507
-
income
820
-
55 077
-
pensions
381
-
913
-
unemployment
42
-
101
-
total
1 455
-
56 598
-
Employer
4 236
-
160 718
-
unemployment
85
-
203
-
pensions
466
-
1 116
-
health
402
-
964
-
total
953
-
2 283
-
Corporate
157 810
163 000
-
-
income
34 718
35 860
-
-
total
34 718
35 860
-
-
Dividends
123 092
127 140
-
-
withholding
24 618
25 428
-
-
total
24 618
25 428
-
-
Income
163 000
163 000
163 000
163 000
Total tax
61 744
61 288
58 881
58 684
After tax
101 256
101 712
104 119
104 316
Living cost
2 781
2 781
2 781
2 781
Free-cash
98 475
98 931
101 338
101 535

Estimated living cost  is ₽2781 per week

₽1653
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽225
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽64
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽839
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽100209
₽95212
₽80571
₽80570
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
163 000
income
-
-
-
36 509
pensions
-
-
-
19 509
unemployment
-
-
-
1 125
health
-
-
-
7 728
total
-
-
-
64 871
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.

26 477
-
149 569
-
health
1 364
-
3 864
-
income
3 650
-
36 509
-
pensions
3 707
-
10 505
-
unemployment
199
-
563
-
total
8 920
-
51 441
-
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.

26 477
-
149 569
-
unemployment
199
-
563
-
pensions
3 177
-
9 004
-
health
1 364
-
3 864
-
total
4 740
-
13 431
-
Corporate
131 784
163 000
-
-
income
19 768
24 450
-
-
total
19 768
24 450
-
-
Dividends
112 016
138 550
-
-
withholding
16 802
20 783
-
-
total
16 802
20 783
-
-
Income
163 000
163 000
163 000
163 000
Total tax
50 230
45 233
64 872
64 871
After tax
112 770
117 767
98 128
98 129
Living cost
17 558
17 558
17 558
17 558
Free-cash
95 212
100 209
80 570
80 571

Estimated living cost  is ₽17558 per week

₽11822
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1358
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽508
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3870
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽65322
₽64956
₽60491
₽48569
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
163 000
income
-
-
-
18 475
surtax
-
-
-
-
social contributions

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

-
-
-
56 642
total
-
-
-
75 117
Employee
39 436
-
131 717
-
social contributions
4 338
-
14 488
-
surtax
-
-
-
-
income
7 705
-
41 268
-
total
12 043
-
55 756
-
Employer
39 436
-
131 717
-
social contributions
9 365
-
31 283
-
total
9 365
-
31 283
-
Corporate
114 199
163 000
-
-
surtax
-
-
-
-
income
23 983
34 231
-
-
total
23 983
34 231
-
-
Dividends
90 217
128 769
-
-
withholding
25 261
36 055
-
-
total
25 261
36 055
-
-
Income
163 000
163 000
163 000
163 000
Total tax
70 652
70 286
87 039
75 117
After tax
92 348
92 714
75 961
87 883
Living cost
27 392
27 392
27 392
27 392
Free-cash
64 956
65 322
48 569
60 491

Estimated living cost  is ₽27392 per week

₽19401
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1903
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.
₽5603
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽73135
₽66227
₽55947
₽51682
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
163 000
accident
-
-
-
848
income
-
-
-
43 092
pensions
-
-
-
26 651
other
-
-
-
94
unemployment
-
-
-
659
total
-
-
-
71 344
Employee
49 071
-
132 976
-
other
48
-
94
-
income
10 249
-
39 604
-
pensions
2 306
-
4 427
-
unemployment
760
-
1 460
-
total
13 363
-
45 585
-
Employer
49 071
-
132 976
-
accident
972
-
1 865
-
other
393
-
754
-
unemployment
2 699
-
5 179
-
pensions
11 581
-
22 226
-
total
15 645
-
30 024
-
Corporate
98 284
163 000
-
-
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.

14 743
24 449
-
-
total
14 743
24 449
-
-
Dividends
83 541
138 551
-
-
withholding
17 313
29 707
-
-
total
17 313
29 707
-
-
Income
163 000
163 000
163 000
163 000
Total tax
61 064
54 156
75 609
71 344
After tax
101 936
108 844
87 391
91 656
Living cost
35 709
35 709
35 709
35 709
Free-cash
66 227
73 135
51 682
55 947

Estimated living cost  is ₽35709 per week

₽25645
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2777
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽503
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6785
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽121886
₽115694
₽111594
₽117815
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
163 000
income
-
-
-
24 450
pensions

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

-
-
-
5 253
unemployment
-
-
-
142
health
-
-
-
4 082
total
-
-
-
33 927
Employee
23 145
-
156 037
-
health
1 065
-
1 633
-
accident

We are using the highest rate at 1.1%.

254
-
390
-
income
2 315
-
15 604
-
pensions

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

2 032
-
3 116
-
total
5 666
-
20 743
-
Employer
23 145
-
156 037
-
accident

We are using the highest rate at 1.1%.

254
-
390
-
unemployment
139
-
213
-
pensions

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

2 551
-
3 911
-
health
1 597
-
2 449
-
total
4 541
-
6 963
-
Corporate
135 314
163 000
-
-
income
13 531
16 300
-
-
total
13 531
16 300
-
-
Dividends
121 782
146 700
-
-
withholding
6 089
7 335
-
-
total
6 089
7 335
-
-
Income
163 000
163 000
163 000
163 000
Total tax
29 827
23 635
27 706
33 927
After tax
133 173
139 365
135 294
129 073
Living cost
17 479
17 479
17 479
17 479
Free-cash
115 694
121 886
117 815
111 594

Estimated living cost  is ₽17479 per week

₽11561
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1001
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽417
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4502
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽44687
₽57979
₽48934
₽65545
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
163 000
trade
-
-
-
16 611
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.

-
-
-
48 613
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.

-
-
-
6 941
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.

-
-
-
2 674
total
-
-
-
74 839
Employee

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

50 555
-
163 000
-
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.

6 941
-
6 941
-
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.

229
-
2 674
-
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.

4 157
-
48 613
-
total
11 327
-
58 228
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
112 445
163 000
-
-
surtax

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

927
1 344
-
-
income
16 868
24 449
-
-
trade
16 135
23 391
-
-
chamber of commerce
320
393
-
-
total
34 250
49 577
-
-
Dividends
78 194
113 423
-
-
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.

1 055
1 539
-
-
withholding
19 162
27 970
-
-
total
20 217
29 509
-
-
Income
163 000
163 000
163 000
163 000
Total tax
65 794
79 086
58 228
74 839
After tax
97 206
83 914
104 772
88 161
Living cost
39 227
39 227
39 227
39 227
Free-cash
57 979
44 687
65 545
48 934

Estimated living cost  is ₽39227 per week

₽27060
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4221
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.
₽7377
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽56221
₽58464
₽29892
₽29892
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
163 000
income
-
-
-
48 405
social contributions
-
-
-
26 824
total
-
-
-
75 229
Employee
79 479
-
163 000
-
income
14 997
-
48 405
-
social contributions
6 603
-
26 824
-
total
21 600
-
75 229
-
Employer
79 479
-
163 000
-
total
-
-
-
-
Corporate
83 521
163 000
-
-
income
10 441
20 375
-
-
total
10 441
20 375
-
-
Dividends
73 080
142 625
-
-
withholding
14 616
28 525
-
-
total
14 616
28 525
-
-
Income
163 000
163 000
163 000
163 000
Total tax
46 657
48 900
75 229
75 229
After tax
116 343
114 100
87 771
87 771
Living cost
57 879
57 879
57 879
57 879
Free-cash
58 464
56 221
29 892
29 892

Estimated living cost  is ₽57879 per week

₽44034
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4716
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽553
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8577
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽63698
₽67250
₽90382
₽79987
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
163 000
income
-
-
-
28 923
health

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

-
-
-
6 812
total
-
-
-
35 735
Employee
46 611
-
158 326
-
income
5 058
-
36 782
-
social contributions
4 670
-
4 674
-
total
9 728
-
41 456
-
Employer
46 611
-
158 326
-
social contributions
4 670
-
4 674
-
total
4 670
-
4 674
-
Corporate
111 719
163 000
-
-
income
39 101
57 051
-
-
total
39 101
57 051
-
-
Dividends
72 618
105 949
-
-
social contributions
5 368
5 368
-
-
total
5 368
5 368
-
-
Income
163 000
163 000
163 000
163 000
Total tax
58 867
62 419
46 130
35 735
After tax
104 133
100 581
116 870
127 265
Living cost
36 883
36 883
36 883
36 883
Free-cash
67 250
63 698
79 987
90 382

Estimated living cost  is ₽36883 per week

₽24295
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2908
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽565
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9114
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽70560
₽76615
₽71390
₽56540
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
163 000
income
-
-
-
44 764
pensions
-
-
-
8 859
total
-
-
-
53 623
Employee
52 143
-
142 547
-
health
680
-
2 133
-
income
9 496
-
34 865
-
pensions
3 980
-
11 021
-
total
14 156
-
48 019
-
Employer
52 143
-
142 547
-
pensions
5 268
-
17 744
-
health
991
-
2 710
-
total
6 259
-
20 454
-
Corporate
104 598
163 000
-
-
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.

19 874
30 969
-
-
total
19 874
30 969
-
-
Dividends
84 724
132 031
-
-
withholding
8 109
23 484
-
-
total
8 109
23 484
-
-
Income
163 000
163 000
163 000
163 000
Total tax
48 398
54 453
68 473
53 623
After tax
114 602
108 547
94 527
109 377
Living cost
37 987
37 987
37 987
37 987
Free-cash
76 615
70 560
56 540
71 390

Estimated living cost  is ₽37987 per week

₽26059
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3493
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽475
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7957
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽10824
₽9517
₽87452
₽63996
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
163 000
accident
-
-
-
255
income
-
-
-
44 495
pensions
-
-
-
4 197
other
-
-
-
374
health
-
-
-
2 200
total
-
-
-
51 521
Employee
37 795
-
145 878
-
health
4 327
-
16 703
-
income
5 185
-
33 457
-
pensions
4 256
-
7 695
-
total
13 768
-
57 855
-
Employer
37 795
-
145 878
-
accident
631
-
2 436
-
unemployment
926
-
3 574
-
pensions
6 145
-
11 112
-
total
7 702
-
17 122
-
Corporate
117 503
163 000
-
-
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.

105 753
146 700
-
-
total
105 753
146 700
-
-
Dividends
11 750
16 300
-
-
withholding
2 233
3 097
-
-
total
2 233
3 097
-
-
Income
163 000
163 000
163 000
163 000
Total tax
129 456
149 797
74 977
51 521
After tax
33 544
13 203
88 023
111 479
Living cost
24 027
24 027
24 027
24 027
Free-cash
9 517
-10 824
63 996
87 452

Estimated living cost  is ₽24027 per week

₽17633
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1400
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.
₽4510
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽123469
₽118725
₽78078
₽100372
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
163 000
work injury
-
-
-
811
health insurance
-
-
-
11 998
income
-
-
-
26 639
pensions
-
-
-
29 833
unemployment
-
-
-
1 946
total
-
-
-
71 227
Employee

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

21 911
-
163 000
-
work injury
110
-
405
-
income
2 191
-
26 639
-
pensions
4 032
-
14 917
-
health insurance
1 621
-
5 999
-
unemployment
263
-
973
-
total
8 217
-
48 933
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
141 089
163 000
-
-
income

Macedonia has a simplified tax regime. Before 3,000,000 MKD per annum you will be taxed at 0%, and before 6,000,000 MKD it is 1%.

1 411
1 630
-
-
total
1 411
1 630
-
-
Dividends
139 678
161 370
-
-
withholding
20 952
24 206
-
-
total
20 952
24 206
-
-
Income
163 000
163 000
163 000
163 000
Total tax
30 580
25 836
48 933
71 227
After tax
132 420
137 164
114 067
91 773
Living cost
13 695
13 695
13 695
13 695
Free-cash
118 725
123 469
100 372
78 078

Estimated living cost  is ₽13695 per week

₽8484
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽995
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.
₽3788
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽45378
₽40756
₽36428
₽29275
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
163 000
municipal
-
-
-
1 089
regional
-
-
-
3 717
national
-
-
-
39 364
social contributions
-
-
-
41 924
total
-
-
-
86 094
Employee
85 620
-
163 000
-
social contributions
28 871
-
54 964
-
regional
1 293
-
3 294
-
municipal
511
-
972
-
national
14 469
-
34 017
-
total
45 144
-
93 247
-
Employer
85 620
-
163 000
-
total
-
-
-
-
Corporate
77 380
163 000
-
-
nationa
18 572
39 121
-
-
municipal
3 729
7 857
-
-
total
22 301
46 978
-
-
Dividends
55 079
116 022
-
-
withholding
14 321
30 166
-
-
total
14 321
30 166
-
-
Income
163 000
163 000
163 000
163 000
Total tax
81 766
77 144
93 247
86 094
After tax
81 234
85 856
69 753
76 906
Living cost
40 478
40 478
40 478
40 478
Free-cash
40 756
45 378
29 275
36 428

Estimated living cost  is ₽40478 per week

₽28433
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2784
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽611
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8648
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Rome model

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