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
₽ 163500
per

Your estimated
City
free-cash

Dresden , Germany
₽51921
₽63084
₽56027
₽74389
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
163 500
trade
-
-
-
18 362
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.

-
-
-
48 957
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.

-
-
-
6 894
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.

-
-
-
2 693
total
-
-
-
76 906
Employee

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

38 599
-
163 500
-
health

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

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

6 894
-
6 894
-
surtax

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

59
-
2 693
-
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.

1 078
-
48 957
-
total
8 031
-
58 544
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
124 901
163 500
-
-
surtax

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

1 030
1 348
-
-
income
18 735
24 525
-
-
trade
19 672
25 752
-
-
chamber of commerce
333
389
-
-
total
39 770
52 014
-
-
Dividends
85 131
111 486
-
-
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.

1 149
1 511
-
-
withholding
20 899
27 487
-
-
total
22 048
28 998
-
-
Income
163 500
163 500
163 500
163 500
Total tax
69 849
81 012
58 544
76 906
After tax
93 651
82 488
104 956
86 594
Living cost
30 567
30 567
30 567
30 567
Free-cash
63 084
51 921
74 389
56 027

Estimated living cost  is ₽30567 per week

₽19227
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3564
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽571
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7205
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽51030
₽50182
₽45709
₽46992
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
163 500
municipal
-
-
-
17 814
pensions
-
-
-
19 620
national
-
-
-
27 605
social contributions
-
-
-
1 758
total
-
-
-
66 797
Employee
79 050
-
141 344
-
municipal
9 764
-
18 447
-
pensions
3 162
-
5 654
-
national
15 130
-
28 586
-
total
28 056
-
52 687
-
Employer
79 050
-
141 344
-
social contributions
850
-
1 519
-
pensions
6 324
-
11 308
-
total
7 174
-
12 827
-
Corporate
72 059
163 500
-
-
income

Corporate income tax will depend on a type of legal entity. For LLC and Limited Partnership it is set at 20%. All other entities pay 37.6%.

14 412
32 700
-
-
total
14 412
32 700
-
-
Dividends
57 647
130 800
-
-
withholding
12 682
28 776
-
-
total
12 682
28 776
-
-
Income
163 500
163 500
163 500
163 500
Total tax
62 324
61 476
65 514
66 797
After tax
101 176
102 024
97 986
96 703
Living cost
50 994
50 994
50 994
50 994
Free-cash
50 182
51 030
46 992
45 709

Estimated living cost  is ₽50994 per week

₽34660
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4740
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽763
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10830
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽109805
₽101526
₽34199
₽77142
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
163 500
microenterprise
-
-
-
-
income
-
-
-
27 947
surtax
-
-
-
41 693
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.

-
-
-
38 666
total
-
-
-
108 306
Employee
29 488
-
119 713
-
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.

3 244
-
13 168
-
surtax
-
-
-
-
income
5 249
-
23 356
-
total
8 493
-
36 524
-
Employer
29 488
-
119 713
-
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.

7 103
-
28 839
-
surtax
-
-
-
-
total
7 103
-
28 839
-
Corporate
126 909
163 500
-
-
income

Corporate income tax rate is 20% applicable to the taxable base. However, before applying the statutory rate, the taxable base should be divided by a coefficient of 0.8. As taxable base is increased by the coefficient, the effective corporate income tax rate is 25%.

25 383
32 700
-
-
total
25 383
32 700
-
-
Dividends

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

101 526
130 800
-
-
total
-
-
-
-
Income
163 500
163 500
163 500
163 500
Total tax
40 979
32 700
65 363
108 306
After tax
122 521
130 800
98 137
55 194
Living cost
20 995
20 995
20 995
20 995
Free-cash
101 526
109 805
77 142
34 199

Estimated living cost  is ₽20995 per week

₽13394
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1999
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.
₽5125
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽38461
₽32277
₽48982
₽58328
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
163 500
income
-
-
-
47 974
pensions
-
-
-
11 824
health
-
-
-
12 444
total
-
-
-
72 242
Employee
86 179
86 179
144 746
-
health
13 228
11 251
12 444
-
income

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

14 106
14 106
19 874
-
pensions
15 512
11 824
11 824
-
total
42 846
37 181
44 142
-
Employer
86 179
86 179
144 746
-
unemployment
3 102
3 102
3 855
-
pensions
5 998
5 998
7 455
-
health
5 990
5 990
7 444
-
total
15 090
15 090
18 754
-
Corporate
63 287
62 230
-
-
income
12 657
12 446
-
-
total
12 657
12 446
-
-
Dividends
50 631
49 784
-
-
income
10 759
10 579
-
-
withholding
7 595
7 467
-
-
total
18 354
18 046
-
-
Income
163 500
163 500
163 500
163 500
Total tax
88 947
82 763
62 896
72 242
After tax
74 553
80 737
100 604
91 258
Living cost
42 276
42 276
42 276
42 276
Free-cash
32 277
38 461
58 328
48 982

Estimated living cost  is ₽42276 per week

₽29960
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3811
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽672
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7833
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽50281
₽49405
₽45498
₽44553
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
163 500
municipal
-
-
-
41 374
accident
-
-
-
171
pensions
-
-
-
9 237
other
-
-
-
9 930
unemployment
-
-
-
86
health
-
-
-
5 332
national
-
-
-
12 882
total
-
-
-
79 012
Employee
55 558
-
136 651
-
municipal
16 567
-
40 749
-
national
-
-
12 359
-
total
16 567
-
53 108
-
Employer
55 558
-
136 651
-
accident
111
-
171
-
other
6 456
-
9 930
-
unemployment
1 467
-
2 256
-
pensions
6 006
-
9 237
-
health
3 417
-
5 255
-
total
17 457
-
26 849
-
Corporate
90 486
163 500
-
-
income
19 907
35 970
-
-
total
19 907
35 970
-
-
Dividends
70 579
127 530
-
-
withholding
21 174
38 259
-
-
total
21 174
38 259
-
-
Income
163 500
163 500
163 500
163 500
Total tax
75 105
74 229
79 957
79 012
After tax
88 395
89 271
83 543
84 488
Living cost
38 990
38 990
38 990
38 990
Free-cash
49 405
50 281
44 553
45 498

Estimated living cost  is ₽38990 per week

₽25841
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3826
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.
₽8731
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽42003
₽56183
₽46134
₽65312
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
163 500
trade
-
-
-
19 178
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.

-
-
-
48 957
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.

-
-
-
6 894
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.

-
-
-
2 693
total
-
-
-
77 722
Employee

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

51 177
-
163 500
-
health

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

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

6 894
-
6 894
-
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.

241
-
2 693
-
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.

4 397
-
48 957
-
total
11 532
-
58 544
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
112 323
163 500
-
-
surtax

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

927
1 348
-
-
income
16 849
24 525
-
-
trade
18 477
26 895
-
-
chamber of commerce
312
385
-
-
total
36 565
53 153
-
-
Dividends
75 758
110 347
-
-
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.

1 021
1 496
-
-
withholding
18 555
27 204
-
-
total
19 576
28 700
-
-
Income
163 500
163 500
163 500
163 500
Total tax
67 673
81 853
58 544
77 722
After tax
95 827
81 647
104 956
85 778
Living cost
39 644
39 644
39 644
39 644
Free-cash
56 183
42 003
65 312
46 134

Estimated living cost  is ₽39644 per week

₽26514
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4181
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.
₽8357
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽86591
₽82403
₽79735
₽78259
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
163 500
income
-
-
-
30 536
health
-
-
-
4 169
social contributions
-
-
-
16 328
total
-
-
-
51 033
Employee
77 600
77 600
152 002
-
social contributions
3 771
6 440
8 687
-
health
772
1 319
2 583
-
income
8 149
7 183
29 741
-
total
12 692
14 942
41 011
-
Employer
77 600
77 600
152 002
-
social contributions
3 771
6 440
8 687
-
health
841
1 436
2 811
-
total
4 612
7 876
11 498
-
Corporate
113 465
78 023
-
-
income
14 183
9 754
-
-
total
14 183
9 754
-
-
Dividends
99 282
68 269
-
-
withholding
16 878
11 605
-
-
total
16 878
11 605
-
-
Income
163 500
163 500
163 500
163 500
Total tax
48 365
44 177
52 509
51 033
After tax
115 135
119 323
110 991
112 467
Living cost
32 732
32 732
32 732
32 732
Free-cash
82 403
86 591
78 259
79 735

Estimated living cost  is ₽32732 per week

₽22376
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2557
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽550
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7251
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽73539
₽73920
₽94927
₽76446
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
163 500
income
-
-
-
19 988
pensions
-
-
-
16 350
unemployment
-
-
-
2 453
health
-
-
-
11 445
total
-
-
-
50 236
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.

26 470
10 535
136 820
-
health
1 853
737
9 577
-
income
3 236
1 288
16 726
-
pensions
2 647
1 053
13 682
-
unemployment
397
158
2 052
-
total
8 133
3 236
42 037
-
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.

26 470
10 535
136 820
-
pensions
5 162
2 054
26 680
-
total
5 162
2 054
26 680
-
Corporate
131 869
150 911
-
-
income
11 868
13 582
-
-
total
11 868
13 582
-
-
Dividends
120 001
137 329
-
-
social contributions
23 280
26 659
-
-
withholding
22 800
26 093
-
-
total
46 080
52 752
-
-
Income
163 500
163 500
163 500
163 500
Total tax
71 243
71 624
68 717
50 236
After tax
92 257
91 876
94 783
113 264
Living cost
18 337
18 337
18 337
18 337
Free-cash
73 920
73 539
76 446
94 927

Estimated living cost  is ₽18337 per week

₽12513
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1500
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽366
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3957
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽106425
₽100154
₽63260
₽69866
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
163 500
income
-
-
-
21 909
pensions
-
-
-
32 700
health
-
-
-
21 256
total
-
-
-
75 865
Employee
28 629
-
122 199
-
income
3 223
-
23 559
-
pensions
573
-
2 444
-
unemployment
458
-
1 955
-
total
4 254
-
27 958
-
Employer
28 629
-
122 199
-
unemployment
230
-
977
-
pensions
5 726
-
24 438
-
health
3 721
-
15 886
-
total
9 677
-
41 301
-
Corporate
125 195
163 500
-
-
income
25 040
32 700
-
-
total
25 040
32 700
-
-
Dividends
100 155
130 800
-
-
total
-
-
-
-
Income
163 500
163 500
163 500
163 500
Total tax
38 971
32 700
69 259
75 865
After tax
124 529
130 800
94 241
87 635
Living cost
24 375
24 375
24 375
24 375
Free-cash
100 154
106 425
69 866
63 260

Estimated living cost  is ₽24375 per week

₽16719
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1452
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.
₽5715
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽8826
₽9858
₽89747
₽66277
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
163 500
accident
-
-
-
253
income
-
-
-
44 697
pensions
-
-
-
4 174
other
-
-
-
372
health
-
-
-
2 188
total
-
-
-
51 684
Employee
34 715
-
146 416
-
health
3 975
-
16 765
-
income
4 763
-
33 652
-
pensions
3 909
-
7 653
-
total
12 647
-
58 070
-
Employer
34 715
-
146 416
-
accident
580
-
2 445
-
unemployment
850
-
3 587
-
pensions
5 645
-
11 052
-
total
7 075
-
17 084
-
Corporate
121 710
163 500
-
-
income

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

109 539
147 150
-
-
total
109 539
147 150
-
-
Dividends
12 171
16 350
-
-
withholding
2 312
3 107
-
-
total
2 312
3 107
-
-
Income
163 500
163 500
163 500
163 500
Total tax
131 573
150 257
75 154
51 684
After tax
31 927
13 243
88 346
111 816
Living cost
22 069
22 069
22 069
22 069
Free-cash
9 858
-8 826
66 277
89 747

Estimated living cost  is ₽22069 per week

₽16174
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1223
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽461
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4211
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽146246
₽144545
₽152786
₽121721
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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%.

-
-
-
163 500
microenterprise

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

-
-
-
1 635
total
-
-
-
1 635
Employee
11 349
-
163 500
-
income
2 269
-
32 700
-
total
2 269
-
32 700
-
Employer
-
-
-
-
total
-
-
-
-
Corporate

We will register your company as part of a virtual zone. Your non-Georgian corporate tax will be zero. Turnover in Georgia will be taxed at 15%.

152 151
163 500
-
-
total
-
-
-
-
Dividends
152 151
163 500
-
-
withholding
7 607
8 175
-
-
total
7 607
8 175
-
-
Income
163 500
163 500
163 500
163 500
Total tax
9 876
8 175
32 700
1 635
After tax
153 624
155 325
130 800
161 865
Living cost
9 079
9 079
9 079
9 079
Free-cash
144 545
146 246
121 721
152 786

Estimated living cost  is ₽9079 per week

₽5627
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽755
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽250
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2448
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽93233
₽86417
₽61850
₽66112
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
163 500
income
-
-
-
23 887
pensions

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

-
-
-
36 831
other
-
-
-
7 289
health
-
-
-
6 753
total
-
-
-
74 760
Employee
36 642
-
130 589
-
health
513
-
1 829
-
income
6 308
-
25 308
-
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.

2 564
-
9 143
-
unemployment
366
-
1 306
-
total
9 751
-
37 586
-
Employer
36 642
-
130 589
-
accident
293
-
1 046
-
other
1 833
-
6 529
-
unemployment
366
-
1 306
-
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.

6 230
-
22 202
-
health
513
-
1 829
-
total
9 235
-
32 912
-
Corporate
117 624
163 500
-
-
income
24 701
34 336
-
-
total
24 701
34 336
-
-
Dividends
92 923
129 164
-
-
withholding
6 506
9 041
-
-
total
6 506
9 041
-
-
Income
163 500
163 500
163 500
163 500
Total tax
50 193
43 377
70 498
74 760
After tax
113 307
120 123
93 002
88 740
Living cost
26 890
26 890
26 890
26 890
Free-cash
86 417
93 233
66 112
61 850

Estimated living cost  is ₽26890 per week

₽19000
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1816
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽433
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5642
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Bratislava model

Close
London , United Kingdom
₽40901
₽40865
₽41811
₽26931
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
163 500
income
-
-
-
45 147
pensions
-
-
-
8 815
total
-
-
-
53 962
Employee
95 823
-
142 964
-
health
1 579
-
2 130
-
income
17 273
-
35 227
-
pensions
9 244
-
10 949
-
total
28 096
-
48 306
-
Employer
95 823
-
142 964
-
pensions
11 314
-
17 820
-
health
1 820
-
2 716
-
total
13 134
-
20 536
-
Corporate
54 543
163 500
-
-
income

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

10 364
31 065
-
-
total
10 364
31 065
-
-
Dividends
44 179
132 435
-
-
withholding
3 314
23 807
-
-
total
3 314
23 807
-
-
Income
163 500
163 500
163 500
163 500
Total tax
54 908
54 872
68 842
53 962
After tax
108 592
108 628
94 658
109 538
Living cost
67 727
67 727
67 727
67 727
Free-cash
40 865
40 901
26 931
41 811

Estimated living cost  is ₽67727 per week

₽50749
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽7957
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽551
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8470
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽126554
₽121863
₽116319
₽122575
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
163 500
income
-
-
-
24 525
pensions

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

-
-
-
5 220
unemployment
-
-
-
141
health
-
-
-
4 056
total
-
-
-
33 942
Employee
17 531
-
156 580
-
health
806
-
1 622
-
accident

We are using the highest rate at 1.1%.

193
-
388
-
income
1 753
-
15 658
-
pensions

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

1 539
-
3 097
-
total
4 291
-
20 765
-
Employer
17 531
-
156 580
-
accident

We are using the highest rate at 1.1%.

193
-
388
-
unemployment
105
-
212
-
pensions

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

1 932
-
3 887
-
health
1 210
-
2 434
-
total
3 440
-
6 921
-
Corporate
142 529
163 500
-
-
income
14 253
16 350
-
-
total
14 253
16 350
-
-
Dividends
128 277
147 150
-
-
withholding
6 414
7 357
-
-
total
6 414
7 357
-
-
Income
163 500
163 500
163 500
163 500
Total tax
28 398
23 707
27 686
33 942
After tax
135 102
139 793
135 814
129 558
Living cost
13 239
13 239
13 239
13 239
Free-cash
121 863
126 554
122 575
116 319

Estimated living cost  is ₽13239 per week

₽7729
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽945
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽351
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4214
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽24777
₽27314
₽35298
₽44644
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
163 500
income
-
-
-
47 974
pensions
-
-
-
11 824
health
-
-
-
12 444
total
-
-
-
72 242
Employee
93 563
86 179
144 746
-
health
11 672
11 251
12 444
-
income

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

14 106
14 106
19 874
-
pensions
11 824
11 824
11 824
-
total
37 602
37 181
44 142
-
Employer
93 563
86 179
144 746
-
unemployment
3 369
3 102
3 855
-
pensions
6 511
5 998
7 455
-
health
6 502
5 990
7 444
-
total
16 382
15 090
18 754
-
Corporate
53 556
62 230
-
-
income
10 711
12 446
-
-
total
10 711
12 446
-
-
Dividends
42 845
49 784
-
-
income
9 104
10 579
-
-
withholding
6 427
7 467
-
-
total
15 531
18 046
-
-
Income
163 500
163 500
163 500
163 500
Total tax
80 226
82 763
62 896
72 242
After tax
83 274
80 737
100 604
91 258
Living cost
55 960
55 960
55 960
55 960
Free-cash
27 314
24 777
44 644
35 298

Estimated living cost  is ₽55960 per week

₽41280
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4998
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽642
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9041
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽88400
₽79778
₽66482
₽59451
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
163 500
income
-
-
-
15 997
health
-
-
-
22 072
solidarity contribution
-
-
-
-
social contributions
-
-
-
34 779
total
-
-
-
72 848
Employee
35 544
-
122 682
-
social contributions
2 310
-
7 742
-
health
4 798
-
16 562
-
solidarity contribution
-
-
-
-
income
4 265
-
14 757
-
total
11 373
-
39 061
-
Employer
35 544
-
122 682
-
social contributions
8 886
-
29 777
-
health
3 199
-
11 041
-
total
12 085
-
40 818
-
Corporate
115 871
163 500
-
-
income
22 016
31 065
-
-
total
22 016
31 065
-
-
Dividends
93 856
132 435
-
-
withholding
14 078
19 865
-
-
total
14 078
19 865
-
-
Income
163 500
163 500
163 500
163 500
Total tax
59 552
50 930
79 879
72 848
After tax
103 948
112 570
83 621
90 652
Living cost
24 170
24 170
24 170
24 170
Free-cash
79 778
88 400
59 451
66 482

Estimated living cost  is ₽24170 per week

₽16789
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1719
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.
₽5186
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽44651
₽39382
₽36392
₽29004
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
163 500
municipal
-
-
-
971
regional
-
-
-
1 916
national
-
-
-
39 587
social contributions
-
-
-
42 051
total
-
-
-
84 525
Employee
89 689
-
163 500
-
social contributions
30 243
-
55 132
-
regional
846
-
1 688
-
municipal
475
-
868
-
national
15 541
-
34 225
-
total
47 105
-
91 913
-
Employer
89 689
-
163 500
-
total
-
-
-
-
Corporate
73 811
163 500
-
-
nationa
17 715
39 240
-
-
municipal
2 878
6 377
-
-
total
20 593
45 617
-
-
Dividends
53 218
117 883
-
-
withholding
13 837
30 649
-
-
total
13 837
30 649
-
-
Income
163 500
163 500
163 500
163 500
Total tax
81 535
76 266
91 913
84 525
After tax
81 965
87 234
71 587
78 975
Living cost
42 583
42 583
42 583
42 583
Free-cash
39 382
44 651
29 004
36 392

Estimated living cost  is ₽42583 per week

₽29684
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2792
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽653
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9453
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽80573
₽77432
₽55289
₽48954
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
163 500
income
-
-
-
42 875
pensions
-
-
-
26 938
other
-
-
-
-
unemployment
-
-
-
230
health
-
-
-
9 562
surtax
-
-
-
6 337
total
-
-
-
85 942
Employee
33 373
-
135 149
-
other
-
-
-
-
health
852
-
3 434
-
surtax
109
-
5 295
-
income
5 594
-
36 839
-
pensions
2 225
-
8 984
-
unemployment
2 323
-
9 374
-
total
11 103
-
63 926
-
Employer
33 373
-
135 149
-
other
-
-
-
-
unemployment
1 057
-
4 269
-
pensions
4 449
-
17 954
-
health
1 519
-
6 128
-
total
7 025
-
28 351
-
Corporate
123 103
163 500
-
-
income
32 007
42 509
-
-
total
32 007
42 509
-
-
Dividends
91 096
120 991
-
-
withholding
13 664
18 149
-
-
total
13 664
18 149
-
-
Income
163 500
163 500
163 500
163 500
Total tax
63 799
60 658
92 277
85 942
After tax
99 701
102 842
71 223
77 558
Living cost
22 269
22 269
22 269
22 269
Free-cash
77 432
80 573
48 954
55 289

Estimated living cost  is ₽22269 per week

₽13616
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2055
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽513
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6084
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽62359
₽68264
₽63269
₽48389
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
163 500
income
-
-
-
45 147
pensions
-
-
-
8 815
total
-
-
-
53 962
Employee
64 218
-
142 964
-
health
932
-
2 130
-
income
11 566
-
35 227
-
pensions
5 451
-
10 949
-
total
17 949
-
48 306
-
Employer
64 218
-
142 964
-
pensions
6 952
-
17 820
-
health
1 220
-
2 716
-
total
8 172
-
20 536
-
Corporate
91 110
163 500
-
-
income

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

17 311
31 065
-
-
total
17 311
31 065
-
-
Dividends
73 799
132 435
-
-
withholding
5 535
23 807
-
-
total
5 535
23 807
-
-
Income
163 500
163 500
163 500
163 500
Total tax
48 967
54 872
68 842
53 962
After tax
114 533
108 628
94 658
109 538
Living cost
46 269
46 269
46 269
46 269
Free-cash
68 264
62 359
48 389
63 269

Estimated living cost  is ₽46269 per week

₽34665
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3468
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.
₽7652
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽1509
₽31127
₽56774
₽48929
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
163 500
city
-
-
-
1 724
pensions
-
-
-
15 041
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.

-
-
-
3 270
regional
-
-
-
7 736
health
-
-
-
368
national
-
-
-
2 314
total
-
-
-
30 453
Employee
89 259
-
146 339
-
city
958
-
1 571
-
regional
2 923
-
6 702
-
health
202
-
329
-
pensions
7 499
-
12 294
-
unemployment
-
-
-
-
national
422
-
1 852
-
total
12 004
-
22 748
-
Employer
89 259
-
146 339
-
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.

1 785
-
2 927
-
unemployment
-
-
-
-
pensions
7 499
-
12 294
-
health
202
-
329
-
total
9 486
-
15 550
-
Corporate
63 775
163 500
-
-
regional
13 487
34 580
-
-
national
5 420
13 897
-
-
total
18 907
48 477
-
-
Dividends
44 867
115 023
-
-
withholding
15 703
40 259
-
-
total
15 703
40 259
-
-
Income
163 500
163 500
163 500
163 500
Total tax
56 100
88 736
38 298
30 453
After tax
107 400
74 764
125 202
133 047
Living cost
76 273
76 273
76 273
76 273
Free-cash
31 127
-1 509
48 929
56 774

Estimated living cost  is ₽76273 per week

₽49599
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽6845
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽936
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽18892
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽34575
₽50937
₽38732
₽58725
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
163 500
trade
-
-
-
19 994
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.

-
-
-
48 957
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.

-
-
-
6 894
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.

-
-
-
2 693
total
-
-
-
78 538
Employee

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

60 649
-
163 500
-
health

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

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

6 894
-
6 894
-
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.

393
-
2 693
-
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.

7 132
-
48 957
-
total
14 419
-
58 544
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
102 851
163 500
-
-
surtax

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

848
1 348
-
-
income
15 428
24 525
-
-
trade
17 640
28 041
-
-
chamber of commerce
299
383
-
-
total
34 215
54 297
-
-
Dividends
68 636
109 203
-
-
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.

923
1 480
-
-
withholding
16 776
26 917
-
-
total
17 699
28 397
-
-
Income
163 500
163 500
163 500
163 500
Total tax
66 333
82 694
58 544
78 538
After tax
97 167
80 806
104 956
84 962
Living cost
46 230
46 230
46 230
46 230
Free-cash
50 937
34 575
58 725
38 732

Estimated living cost  is ₽46230 per week

₽33765
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3698
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽601
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8168
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽47879
₽53839
₽57842
₽56909
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
163 500
income
-
-
-
24 423
pensions
-
-
-
30 513
other
-
-
-
5 069
health
-
-
-
6 469
surtax
-
-
-
-
social contributions
-
-
-
4 657
total
-
-
-
71 131
Employee
43 191
-
127 489
-
social contributions
1 231
-
3 633
-
surtax
-
-
-
-
income
2 549
-
23 950
-
pensions
4 883
-
8 469
-
total
8 663
-
36 052
-
Employer
43 191
-
127 489
-
other
1 490
-
4 806
-
social contributions
130
-
383
-
unemployment
1 748
-
5 163
-
pensions
7 095
-
14 331
-
health
3 024
-
11 329
-
total
13 487
-
36 012
-
Corporate
106 821
163 500
-
-
surtax
-
-
-
-
income
29 910
45 780
-
-
total
29 910
45 780
-
-
Dividends
76 911
117 720
-
-
surtax
-
-
-
-
social contributions
13 229
20 246
-
-
withholding
9 845
15 068
-
-
total
23 074
35 314
-
-
Income
163 500
163 500
163 500
163 500
Total tax
75 134
81 094
72 064
71 131
After tax
88 366
82 406
91 436
92 369
Living cost
34 527
34 527
34 527
34 527
Free-cash
53 839
47 879
56 909
57 842

Estimated living cost  is ₽34527 per week

₽21771
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2808
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.
₽9363
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽51300
₽56905
₽61263
₽60330
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
163 500
income
-
-
-
24 423
pensions
-
-
-
30 513
other
-
-
-
5 069
health
-
-
-
6 469
surtax
-
-
-
-
social contributions
-
-
-
4 657
total
-
-
-
71 131
Employee
38 554
-
127 489
-
social contributions
1 099
-
3 633
-
surtax
-
-
-
-
income
1 988
-
23 950
-
pensions
4 361
-
8 469
-
total
7 448
-
36 052
-
Employer
38 554
-
127 489
-
other
1 331
-
4 806
-
social contributions
115
-
383
-
unemployment
1 561
-
5 163
-
pensions
6 335
-
14 331
-
health
2 698
-
11 329
-
total
12 040
-
36 012
-
Corporate
112 906
163 500
-
-
surtax
-
-
-
-
income
31 614
45 780
-
-
total
31 614
45 780
-
-
Dividends
81 292
117 720
-
-
surtax
-
-
-
-
social contributions
13 982
20 246
-
-
withholding
10 405
15 068
-
-
total
24 387
35 314
-
-
Income
163 500
163 500
163 500
163 500
Total tax
75 489
81 094
72 064
71 131
After tax
88 011
82 406
91 436
92 369
Living cost
31 106
31 106
31 106
31 106
Free-cash
56 905
51 300
60 330
61 263

Estimated living cost  is ₽31106 per week

₽18040
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3160
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽590
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9317
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽78349
₽78876
₽83600
₽80647
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
163 500
income
-
-
-
24 525
health
-
-
-
11 412
social contributions
-
-
-
22 564
total
-
-
-
58 501
Employee
34 217
-
163 500
-
social contributions
4 723
-
22 564
-
health
2 388
-
11 412
-
income
5 707
-
27 478
-
total
12 818
-
61 454
-
Employer
34 217
-
163 500
-
total
-
-
-
-
Corporate
129 283
163 500
-
-
income

The standard tax rate is 15%. However, small companies and agricultural companies can apply a reduced corporate income tax rate of 0% to the first year of operation when certain conditions are met; and 5% to revenues of less than €300,000 per year. We made calculations based on 5% and skipped 0%.

6 463
8 176
-
-
total
6 463
8 176
-
-
Dividends
122 820
155 324
-
-
health
8 572
10 841
-
-
social contributions
16 949
21 436
-
-
withholding
18 423
23 299
-
-
total
43 944
55 576
-
-
Income
163 500
163 500
163 500
163 500
Total tax
63 225
63 752
61 454
58 501
After tax
100 275
99 748
102 046
104 999
Living cost
21 399
21 399
21 399
21 399
Free-cash
78 876
78 349
80 647
83 600

Estimated living cost  is ₽21399 per week

₽14321
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1319
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽492
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5265
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽55041
₽53480
₽48319
₽7515
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
163 500
chamber of commerce
-
-
-
653
income
-
-
-
41 751
pensions
-
-
-
21 811
unemployment
-
-
-
6 190
health
-
-
-
9 018
surtax
-
-
-
199
total
-
-
-
79 622
Employee
50 434
40 217
128 590
-
other
504
402
1 180
-
health
1 951
1 557
4 562
-
income
5 741
2 966
32 976
-
pensions
5 165
4 117
12 073
-
unemployment
1 513
1 207
3 537
-
total
14 874
10 249
54 328
-
Employer
50 434
40 217
128 590
-
accident
655
523
1 532
-
other
2 396
1 909
6 017
-
chamber of commerce
201
161
515
-
unemployment
1 513
1 207
3 537
-
surtax
199
199
199
-
pensions
6 329
5 048
14 796
-
payroll
1 513
1 207
3 857
-
health
1 906
1 521
4 456
-
total
14 712
11 775
34 909
-
Corporate
98 355
111 509
124 760
-
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.

24 588
27 878
31 189
-
total
24 588
27 878
31 189
-
Dividends
73 767
83 631
-
-
withholding
20 287
22 998
-
-
total
20 287
22 998
-
-
Income
163 500
163 500
163 500
163 500
Total tax
74 461
72 900
120 426
79 622
After tax
89 039
90 600
43 074
83 878
Living cost
35 559
35 559
35 559
35 559
Free-cash
53 480
55 041
7 515
48 319

Estimated living cost  is ₽35559 per week

₽23716
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3033
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.
₽8225
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽54674
₽39538
₽33997
₽21567
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
163 500
national
-
-
-
59 247
communal

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

-
-
-
8 300
social contributions
-
-
-
25 160
total
-
-
-
92 707
Employee

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

72 186
-
126 638
-
communal

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

3 765
-
6 605
-
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.

3 392
-
5 950
-
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.

5 414
-
9 499
-
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.

628
-
1 101
-
national
22 193
-
45 121
-
total
35 392
-
68 276
-
Employer

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

72 186
-
126 638
-
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.

938
-
1 645
-
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.

1 053
-
1 848
-
surtax
8 185
-
14 359
-
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.

6 396
-
11 220
-
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.

4 439
-
7 789
-
total
21 011
-
36 861
-
Corporate
70 301
163 500
-
-
surtax
282
655
-
-
income
14 061
32 700
-
-
total
14 343
33 355
-
-
Dividends
55 959
130 145
-
-
withholding

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

16 420
38 675
-
-
total
16 420
38 675
-
-
Income
163 500
163 500
163 500
163 500
Total tax
87 166
72 030
105 137
92 707
After tax
76 334
91 470
58 363
70 793
Living cost
36 796
36 796
36 796
36 796
Free-cash
39 538
54 674
21 567
33 997

Estimated living cost  is ₽36796 per week

₽23701
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3217
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽576
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9302
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽72710
₽65538
₽55470
₽51235
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
163 500
accident
-
-
-
843
income
-
-
-
43 523
pensions
-
-
-
26 470
other
-
-
-
94
unemployment
-
-
-
655
total
-
-
-
71 585
Employee
50 234
-
133 680
-
other
50
-
94
-
income
10 599
-
40 059
-
pensions
2 361
-
4 397
-
unemployment
779
-
1 450
-
total
13 789
-
46 000
-
Employer
50 234
-
133 680
-
accident
994
-
1 852
-
other
400
-
749
-
unemployment
2 763
-
5 144
-
pensions
11 854
-
22 075
-
total
16 011
-
29 820
-
Corporate
97 254
163 500
-
-
income

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

14 587
24 525
-
-
total
14 587
24 525
-
-
Dividends
82 667
138 975
-
-
withholding
17 130
29 820
-
-
total
17 130
29 820
-
-
Income
163 500
163 500
163 500
163 500
Total tax
61 517
54 345
75 820
71 585
After tax
101 983
109 155
87 680
91 915
Living cost
36 445
36 445
36 445
36 445
Free-cash
65 538
72 710
51 235
55 470

Estimated living cost  is ₽36445 per week

₽26838
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2585
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽525
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6496
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽41661
₽29439
₽27589
₽34108
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
163 500
accident
-
-
-
1 379
income
-
-
-
25 255
pensions
-
-
-
24 507
health
-
-
-
11 489
surtax
-
-
-
8 105
communal
-
-
-
10 334
total
-
-
-
81 069
Employee
76 423
-
146 048
-
health
3 401
-
6 500
-
surtax
4 684
-
8 951
-
income
7 382
-
29 963
-
pensions
6 113
-
11 684
-
total
21 580
-
57 098
-
Employer
76 423
-
146 048
-
accident
688
-
1 314
-
pensions
6 113
-
11 684
-
health
2 331
-
4 454
-
total
9 132
-
17 452
-
Corporate
77 945
163 500
-
-
surtax
818
1 716
-
-
communal
5 261
11 037
-
-
income
11 692
24 525
-
-
total
17 771
37 278
-
-
Dividends
60 175
126 223
-
-
income
21 710
10 786
-
-
withholding
9 026
18 933
-
-
total
30 736
29 719
-
-
Income
163 500
163 500
163 500
163 500
Total tax
79 219
66 997
74 550
81 069
After tax
84 281
96 503
88 950
82 431
Living cost
54 842
54 842
54 842
54 842
Free-cash
29 439
41 661
34 108
27 589

Estimated living cost  is ₽54842 per week

₽41140
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3323
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.
₽9798
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽80175
₽76966
₽54891
₽48556
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
163 500
income
-
-
-
42 875
pensions
-
-
-
26 938
other
-
-
-
-
unemployment
-
-
-
230
health
-
-
-
9 562
surtax
-
-
-
6 337
total
-
-
-
85 942
Employee
33 985
-
135 149
-
other
-
-
-
-
health
868
-
3 434
-
surtax
121
-
5 295
-
income
5 697
-
36 839
-
pensions
2 267
-
8 984
-
unemployment
2 365
-
9 374
-
total
11 318
-
63 926
-
Employer
33 985
-
135 149
-
other
-
-
-
-
unemployment
1 078
-
4 269
-
pensions
4 531
-
17 954
-
health
1 545
-
6 128
-
total
7 154
-
28 351
-
Corporate
122 360
163 500
-
-
income
31 813
42 509
-
-
total
31 813
42 509
-
-
Dividends
90 547
120 991
-
-
withholding
13 582
18 149
-
-
total
13 582
18 149
-
-
Income
163 500
163 500
163 500
163 500
Total tax
63 867
60 658
92 277
85 942
After tax
99 633
102 842
71 223
77 558
Living cost
22 667
22 667
22 667
22 667
Free-cash
76 966
80 175
48 556
54 891

Estimated living cost  is ₽22667 per week

₽13685
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1971
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽527
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6486
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽58754
₽56513
₽51240
₽43891
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
163 500
municipal
-
-
-
971
regional
-
-
-
2 466
national
-
-
-
39 587
social contributions
-
-
-
42 051
total
-
-
-
85 075
Employee
55 980
-
163 500
-
social contributions
18 877
-
55 132
-
regional
754
-
2 199
-
municipal
297
-
868
-
national
8 869
-
34 225
-
total
28 797
-
92 424
-
Employer
55 980
-
163 500
-
total
-
-
-
-
Corporate
107 520
163 500
-
-
nationa
25 804
39 240
-
-
municipal
5 343
8 126
-
-
total
31 147
47 366
-
-
Dividends
76 373
116 134
-
-
withholding
19 858
30 195
-
-
total
19 858
30 195
-
-
Income
163 500
163 500
163 500
163 500
Total tax
79 802
77 561
92 424
85 075
After tax
83 698
85 939
71 076
78 425
Living cost
27 185
27 185
27 185
27 185
Free-cash
56 513
58 754
43 891
51 240

Estimated living cost  is ₽27185 per week

₽16906
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2754
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽465
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7059
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽82787
₽72161
₽60869
₽53838
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
163 500
income
-
-
-
15 997
health
-
-
-
22 072
solidarity contribution
-
-
-
-
social contributions
-
-
-
34 779
total
-
-
-
72 848
Employee
43 799
-
122 682
-
social contributions
2 847
-
7 742
-
health
5 913
-
16 562
-
solidarity contribution
-
-
-
-
income
5 256
-
14 757
-
total
14 016
-
39 061
-
Employer
43 799
-
122 682
-
social contributions
10 950
-
29 777
-
health
3 942
-
11 041
-
total
14 892
-
40 818
-
Corporate
104 809
163 500
-
-
income
19 914
31 065
-
-
total
19 914
31 065
-
-
Dividends
84 895
132 435
-
-
withholding
12 734
19 865
-
-
total
12 734
19 865
-
-
Income
163 500
163 500
163 500
163 500
Total tax
61 556
50 930
79 879
72 848
After tax
101 944
112 570
83 621
90 652
Living cost
29 783
29 783
29 783
29 783
Free-cash
72 161
82 787
53 838
60 869

Estimated living cost  is ₽29783 per week

₽22149
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1650
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽515
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5469
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽58511
₽58015
₽51881
₽10941
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
163 500
chamber of commerce
-
-
-
653
income
-
-
-
41 751
pensions
-
-
-
21 811
unemployment
-
-
-
6 190
health
-
-
-
9 018
surtax
-
-
-
-
total
-
-
-
79 423
Employee
44 114
40 217
128 776
-
other
440
402
1 180
-
health
1 706
1 557
4 562
-
income
3 930
2 966
33 052
-
pensions
4 518
4 117
12 073
-
unemployment
1 323
1 207
3 537
-
total
11 917
10 249
54 404
-
Employer
44 114
40 217
128 776
-
accident
573
523
1 532
-
other
2 095
1 909
6 023
-
chamber of commerce
176
161
515
-
unemployment
1 323
1 207
3 537
-
surtax
-
-
-
-
pensions
5 537
5 048
14 796
-
payroll
1 323
1 207
3 863
-
health
1 668
1 521
4 456
-
total
12 695
11 576
34 722
-
Corporate
106 691
111 708
124 947
-
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.

26 673
27 928
31 237
-
total
26 673
27 928
31 237
-
Dividends
80 018
83 781
-
-
withholding
22 004
23 040
-
-
total
22 004
23 040
-
-
Income
163 500
163 500
163 500
163 500
Total tax
73 289
72 793
120 363
79 423
After tax
90 211
90 707
43 137
84 077
Living cost
32 196
32 196
32 196
32 196
Free-cash
58 015
58 511
10 941
51 881

Estimated living cost  is ₽32196 per week

₽19314
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3288
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.
₽9020
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽141176
₽138523
₽147716
₽116651
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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%.

-
-
-
163 500
microenterprise

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

-
-
-
1 635
total
-
-
-
1 635
Employee
17 686
-
163 500
-
income
3 537
-
32 700
-
total
3 537
-
32 700
-
Employer
-
-
-
-
total
-
-
-
-
Corporate

We will register your company as part of a virtual zone. Your non-Georgian corporate tax will be zero. Turnover in Georgia will be taxed at 15%.

145 814
163 500
-
-
total
-
-
-
-
Dividends
145 814
163 500
-
-
withholding
7 291
8 175
-
-
total
7 291
8 175
-
-
Income
163 500
163 500
163 500
163 500
Total tax
10 828
8 175
32 700
1 635
After tax
152 672
155 325
130 800
161 865
Living cost
14 149
14 149
14 149
14 149
Free-cash
138 523
141 176
116 651
147 716

Estimated living cost  is ₽14149 per week

₽9574
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽594
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽474
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3505
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽85502
₽77062
₽53509
₽49180
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
163 500
income
-
-
-
36 729
pensions
-
-
-
29 860
unemployment
-
-
-
245
health
-
-
-
16 089
total
-
-
-
82 923
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.

44 626
-
141 473
-
health
2 882
-
9 139
-
income
7 696
-
33 961
-
pensions
6 917
-
21 928
-
unemployment
63
-
197
-
total
17 558
-
65 225
-
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.

44 626
-
141 473
-
unemployment
27
-
84
-
pensions
3 949
-
12 521
-
health
2 972
-
9 422
-
total
6 948
-
22 027
-
Corporate
111 926
163 500
-
-
income
21 265
31 065
-
-
total
21 265
31 065
-
-
Dividends
90 661
132 435
-
-
withholding
13 599
19 865
-
-
total
13 599
19 865
-
-
Income
163 500
163 500
163 500
163 500
Total tax
59 370
50 930
87 252
82 923
After tax
104 130
112 570
76 248
80 577
Living cost
27 068
27 068
27 068
27 068
Free-cash
77 062
85 502
49 180
53 509

Estimated living cost  is ₽27068 per week

₽18576
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1735
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽525
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6234
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽55893
₽7852
₽69412
₽106633
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
163 500
income
-
-
-
31 869
social contributions
-
-
-
18 639
total
-
-
-
50 508
Employee
62 487
-
-
-
social contributions
5 124
-
730
-
income
13 783
-
-
-
total
18 907
-
730
-
Employer
62 487
-
-
-
social contributions
88 107
-
12 557
-
total
88 107
-
12 557
-
Corporate
12 906
163 500
-
-
income
2 839
35 970
-
-
total
2 839
35 970
-
-
Dividends
10 067
127 530
-
-
income
2 215
28 057
-
-
total
2 215
28 057
-
-
Income
163 500
163 500
163 500
163 500
Total tax
112 068
64 027
13 287
50 508
After tax
51 432
99 473
150 213
112 992
Living cost
43 580
43 580
43 580
43 580
Free-cash
7 852
55 893
106 633
69 412

Estimated living cost  is ₽43580 per week

₽28276
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4099
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽555
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10649
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽61344
₽60329
₽56442
₽44426
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
163 500
income
-
-
-
18 587
surtax
-
-
-
-
social contributions

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

-
-
-
56 817
total
-
-
-
75 404
Employee
46 414
-
132 121
-
social contributions
5 106
-
14 534
-
surtax
-
-
-
-
income
9 654
-
41 507
-
total
14 760
-
56 041
-
Employer
46 414
-
132 121
-
social contributions
11 023
-
31 379
-
total
11 023
-
31 379
-
Corporate
106 063
163 500
-
-
surtax
-
-
-
-
income
22 272
34 336
-
-
total
22 272
34 336
-
-
Dividends
83 790
129 164
-
-
withholding
23 462
36 166
-
-
total
23 462
36 166
-
-
Income
163 500
163 500
163 500
163 500
Total tax
71 517
70 502
87 420
75 404
After tax
91 983
92 998
76 080
88 096
Living cost
31 654
31 654
31 654
31 654
Free-cash
60 329
61 344
44 426
56 442

Estimated living cost  is ₽31654 per week

₽23684
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1867
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽529
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5575
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽33664
₽40600
₽43627
₽42694
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
163 500
income
-
-
-
24 423
pensions
-
-
-
30 513
other
-
-
-
5 069
health
-
-
-
6 469
surtax
-
-
-
-
social contributions
-
-
-
4 657
total
-
-
-
71 131
Employee
63 206
-
127 489
-
social contributions
1 800
-
3 633
-
surtax
-
-
-
-
income
5 515
-
23 950
-
pensions
7 149
-
8 469
-
total
14 464
-
36 052
-
Employer
63 206
-
127 489
-
other
2 181
-
4 806
-
social contributions
190
-
383
-
unemployment
2 560
-
5 163
-
pensions
10 386
-
14 331
-
health
4 424
-
11 329
-
total
19 741
-
36 012
-
Corporate
80 553
163 500
-
-
surtax
-
-
-
-
income
22 554
45 780
-
-
total
22 554
45 780
-
-
Dividends
57 999
117 720
-
-
surtax
-
-
-
-
social contributions
9 974
20 246
-
-
withholding
7 425
15 068
-
-
total
17 399
35 314
-
-
Income
163 500
163 500
163 500
163 500
Total tax
74 158
81 094
72 064
71 131
After tax
89 342
82 406
91 436
92 369
Living cost
48 742
48 742
48 742
48 742
Free-cash
40 600
33 664
42 694
43 627

Estimated living cost  is ₽48742 per week

₽32987
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3987
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽668
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽11098
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽116816
₽113424
₽90572
₽94915
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
163 500
income
-
-
-
6 624
social contributions
-
-
-
35 969
total
-
-
-
42 593
Employee
32 444
-
141 559
-
income
-
-
7 107
-
social contributions
2 109
-
9 202
-
total
2 109
-
16 309
-
Employer
32 444
-
141 559
-
social contributions
5 029
-
21 941
-
total
5 029
-
21 941
-
Corporate
126 027
163 500
-
-
income
12 603
16 349
-
-
total
12 603
16 349
-
-
Dividends
113 424
147 151
-
-
total
-
-
-
-
Income
163 500
163 500
163 500
163 500
Total tax
19 741
16 349
38 250
42 593
After tax
143 759
147 151
125 250
120 907
Living cost
30 335
30 335
30 335
30 335
Free-cash
113 424
116 816
94 915
90 572

Estimated living cost  is ₽30335 per week

₽19614
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2287
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽571
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7863
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽56471
-₽56471
₽48634
-₽56471
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
163 500
municipal
-
-
-
33 632
pensions
-
-
-
875
national
-
-
-
18 726
labour market
-
-
-
13 010
total
-
-
-
66 243
Employee
205 225
205 225
205 225
-
labour market
16 395
16 395
16 395
-
national
25 072
25 072
25 072
-
municipal
43 701
43 701
43 701
-
pensions
292
292
292
-
total
85 460
85 460
85 460
-
Employer
205 225
205 225
205 225
-
labour market
16 418
16 418
16 418
-
municipal
43 771
43 771
43 771
-
pensions
583
583
583
-
national
25 116
25 116
25 116
-
total
85 888
85 888
85 888
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
163 500
163 500
163 500
163 500
Total tax
171 348
171 348
171 348
66 243
After tax
-7 848
-7 848
-7 848
97 257
Living cost
48 623
48 623
48 623
48 623
Free-cash
-56 471
-56 471
-56 471
48 634

Estimated living cost  is ₽48623 per week

₽33278
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4301
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽748
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10296
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽8500
₽9909
₽90073
₽66603
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
163 500
accident
-
-
-
253
income
-
-
-
44 697
pensions
-
-
-
4 174
other
-
-
-
372
health
-
-
-
2 188
total
-
-
-
51 684
Employee
34 203
-
146 416
-
health
3 917
-
16 765
-
income
4 692
-
33 652
-
pensions
3 852
-
7 653
-
total
12 461
-
58 070
-
Employer
34 203
-
146 416
-
accident
571
-
2 445
-
unemployment
838
-
3 587
-
pensions
5 561
-
11 052
-
total
6 970
-
17 084
-
Corporate
122 326
163 500
-
-
income

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

110 093
147 150
-
-
total
110 093
147 150
-
-
Dividends
12 233
16 350
-
-
withholding
2 324
3 107
-
-
total
2 324
3 107
-
-
Income
163 500
163 500
163 500
163 500
Total tax
131 848
150 257
75 154
51 684
After tax
31 652
13 243
88 346
111 816
Living cost
21 743
21 743
21 743
21 743
Free-cash
9 909
-8 500
66 603
90 073

Estimated living cost  is ₽21743 per week

₽15827
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1239
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽408
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4269
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽64593
₽66789
₽68784
₽47932
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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

-
-
-
163 500
municipal
-
-
-
29 052
health
-
-
-
2 097
national
-
-
-
24 822
total
-
-
-
55 971
Employee
53 094
-
137 545
-
health
396
-
1 697
-
municipal
8 696
-
22 410
-
pensions
3 583
-
9 284
-
unemployment
797
-
2 063
-
national
877
-
15 414
-
total
14 349
-
50 868
-
Employer
53 094
-
137 545
-
accident
54
-
138
-
unemployment
345
-
894
-
pensions
9 212
-
23 864
-
health
408
-
1 059
-
total
10 019
-
25 955
-
Corporate
100 388
163 500
-
-
income
20 078
32 700
-
-
total
20 078
32 700
-
-
Dividends

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

60 232
98 100
-
-
national
2 679
9 805
-
-
municipal
10 841
17 657
-
-
total
13 520
27 462
-
-
Income
163 500
163 500
163 500
163 500
Total tax
57 966
60 162
76 823
55 971
After tax
105 534
103 338
86 677
107 529
Living cost
38 745
38 745
38 745
38 745
Free-cash
66 789
64 593
47 932
68 784

Estimated living cost  is ₽38745 per week

₽25308
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3727
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽617
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9095
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽95958
₽90466
₽89102
₽87626
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
163 500
income
-
-
-
30 536
health
-
-
-
4 169
social contributions
-
-
-
16 328
total
-
-
-
51 033
Employee
77 600
77 600
152 002
-
social contributions
2 934
6 440
8 687
-
health
601
1 319
2 583
-
income
8 449
7 183
29 741
-
total
11 984
14 942
41 011
-
Employer
77 600
77 600
152 002
-
social contributions
2 934
6 440
8 687
-
health
653
1 436
2 811
-
total
3 587
7 876
11 498
-
Corporate
124 563
78 023
-
-
income
15 570
9 754
-
-
total
15 570
9 754
-
-
Dividends
108 994
68 269
-
-
withholding
18 528
11 605
-
-
total
18 528
11 605
-
-
Income
163 500
163 500
163 500
163 500
Total tax
49 669
44 177
52 509
51 033
After tax
113 831
119 323
110 991
112 467
Living cost
23 365
23 365
23 365
23 365
Free-cash
90 466
95 958
87 626
89 102

Estimated living cost  is ₽23365 per week

₽14003
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2292
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.
₽6553
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽119371
₽114235
₽120859
₽100619
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
163 500
income
-
-
-
16 518
pensions
-
-
-
6 419
unemployment
-
-
-
29
health
-
-
-
3 652
total
-
-
-
26 618
Employee

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

23 164
-
153 637
-
health
1 969
-
8 139
-
income
1 584
-
14 015
-
pensions
3 474
-
14 363
-
unemployment
115
-
479
-
total
7 142
-
36 996
-
Employer

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

23 164
-
153 637
-
unemployment
115
-
479
-
pensions
1 274
-
5 266
-
health
996
-
4 117
-
total
2 385
-
9 862
-
Corporate
137 952
163 500
-
-
income
12 416
14 716
-
-
total
12 416
14 716
-
-
Dividends
125 536
148 784
-
-
withholding
11 299
13 390
-
-
total
11 299
13 390
-
-
Income
163 500
163 500
163 500
163 500
Total tax
33 242
28 106
46 858
26 618
After tax
130 258
135 394
116 642
136 882
Living cost
16 023
16 023
16 023
16 023
Free-cash
114 235
119 371
100 619
120 859

Estimated living cost  is ₽16023 per week

₽10223
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1155
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.
₽4167
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽81404
₽76948
₽64164
₽59929
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
163 500
accident
-
-
-
843
income
-
-
-
43 523
pensions
-
-
-
26 470
other
-
-
-
94
unemployment
-
-
-
655
total
-
-
-
71 585
Employee
37 315
-
133 680
-
other
36
-
94
-
income
7 194
-
40 059
-
pensions
1 754
-
4 397
-
unemployment
578
-
1 450
-
total
9 562
-
46 000
-
Employer
37 315
-
133 680
-
accident
739
-
1 852
-
other
299
-
749
-
unemployment
2 053
-
5 144
-
pensions
8 806
-
22 075
-
total
11 897
-
29 820
-
Corporate
114 289
163 500
-
-
income

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

17 144
24 525
-
-
total
17 144
24 525
-
-
Dividends
97 145
138 975
-
-
withholding
20 198
29 820
-
-
total
20 198
29 820
-
-
Income
163 500
163 500
163 500
163 500
Total tax
58 801
54 345
75 820
71 585
After tax
104 699
109 155
87 680
91 915
Living cost
27 751
27 751
27 751
27 751
Free-cash
76 948
81 404
59 929
64 164

Estimated living cost  is ₽27751 per week

₽18731
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2668
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.
₽5866
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽99268
₽98814
₽101901
₽101703
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
163 500
income
-
-
-
55 376
pensions
-
-
-
2 010
health
-
-
-
1 457
total
-
-
-
58 843
Employee
4 198
-
161 238
-
health
210
-
503
-
income
812
-
55 270
-
pensions
378
-
905
-
unemployment
42
-
101
-
total
1 442
-
56 779
-
Employer
4 198
-
161 238
-
unemployment
84
-
201
-
pensions
462
-
1 106
-
health
399
-
955
-
total
945
-
2 262
-
Corporate
158 358
163 500
-
-
income
34 839
35 970
-
-
total
34 839
35 970
-
-
Dividends
123 519
127 530
-
-
withholding
24 704
25 506
-
-
total
24 704
25 506
-
-
Income
163 500
163 500
163 500
163 500
Total tax
61 930
61 476
59 041
58 843
After tax
101 570
102 024
104 459
104 657
Living cost
2 756
2 756
2 756
2 756
Free-cash
98 814
99 268
101 703
101 901

Estimated living cost  is ₽2756 per week

₽1638
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽223
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽63
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽832
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽100676
₽95711
₽81195
₽81196
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
163 500
income
-
-
-
36 659
pensions
-
-
-
19 392
unemployment
-
-
-
1 119
health
-
-
-
7 682
total
-
-
-
64 852
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.

26 319
-
150 149
-
health
1 355
-
3 841
-
income
3 628
-
36 659
-
pensions
3 685
-
10 442
-
unemployment
197
-
559
-
total
8 865
-
51 501
-
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.

26 319
-
150 149
-
unemployment
197
-
559
-
pensions
3 158
-
8 950
-
health
1 355
-
3 841
-
total
4 710
-
13 350
-
Corporate
132 470
163 500
-
-
income
19 871
24 525
-
-
total
19 871
24 525
-
-
Dividends
112 600
138 975
-
-
withholding
16 890
20 846
-
-
total
16 890
20 846
-
-
Income
163 500
163 500
163 500
163 500
Total tax
50 336
45 371
64 851
64 852
After tax
113 164
118 129
98 649
98 648
Living cost
17 453
17 453
17 453
17 453
Free-cash
95 711
100 676
81 196
81 195

Estimated living cost  is ₽17453 per week

₽11751
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1350
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽505
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3847
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽65792
₽65429
₽60890
₽48874
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
163 500
income
-
-
-
18 587
surtax
-
-
-
-
social contributions

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

-
-
-
56 817
total
-
-
-
75 404
Employee
39 168
-
132 121
-
social contributions
4 309
-
14 534
-
surtax
-
-
-
-
income
7 653
-
41 507
-
total
11 962
-
56 041
-
Employer
39 168
-
132 121
-
social contributions
9 302
-
31 379
-
total
9 302
-
31 379
-
Corporate
115 030
163 500
-
-
surtax
-
-
-
-
income
24 157
34 336
-
-
total
24 157
34 336
-
-
Dividends
90 873
129 164
-
-
withholding
25 444
36 166
-
-
total
25 444
36 166
-
-
Income
163 500
163 500
163 500
163 500
Total tax
70 865
70 502
87 420
75 404
After tax
92 635
92 998
76 080
88 096
Living cost
27 206
27 206
27 206
27 206
Free-cash
65 429
65 792
48 874
60 890

Estimated living cost  is ₽27206 per week

₽19270
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1890
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽483
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5565
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽73688
₽66856
₽56448
₽52213
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
163 500
accident
-
-
-
843
income
-
-
-
43 523
pensions
-
-
-
26 470
other
-
-
-
94
unemployment
-
-
-
655
total
-
-
-
71 585
Employee
48 738
-
133 680
-
other
48
-
94
-
income
10 180
-
40 059
-
pensions
2 290
-
4 397
-
unemployment
755
-
1 450
-
total
13 273
-
46 000
-
Employer
48 738
-
133 680
-
accident
965
-
1 852
-
other
391
-
749
-
unemployment
2 681
-
5 144
-
pensions
11 502
-
22 075
-
total
15 539
-
29 820
-
Corporate
99 223
163 500
-
-
income

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

14 884
24 525
-
-
total
14 884
24 525
-
-
Dividends
84 339
138 975
-
-
withholding
17 481
29 820
-
-
total
17 481
29 820
-
-
Income
163 500
163 500
163 500
163 500
Total tax
61 177
54 345
75 820
71 585
After tax
102 323
109 155
87 680
91 915
Living cost
35 467
35 467
35 467
35 467
Free-cash
66 856
73 688
52 213
56 448

Estimated living cost  is ₽35467 per week

₽25471
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2758
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽500
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6739
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽122422
₽116268
₽112187
₽118443
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
163 500
income
-
-
-
24 525
pensions

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

-
-
-
5 220
unemployment
-
-
-
141
health
-
-
-
4 056
total
-
-
-
33 942
Employee
23 001
-
156 580
-
health
1 058
-
1 622
-
accident

We are using the highest rate at 1.1%.

253
-
388
-
income
2 300
-
15 658
-
pensions

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

2 019
-
3 097
-
total
5 630
-
20 765
-
Employer
23 001
-
156 580
-
accident

We are using the highest rate at 1.1%.

253
-
388
-
unemployment
138
-
212
-
pensions

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

2 535
-
3 887
-
health
1 587
-
2 434
-
total
4 513
-
6 921
-
Corporate
135 986
163 500
-
-
income
13 598
16 350
-
-
total
13 598
16 350
-
-
Dividends
122 388
147 150
-
-
withholding
6 120
7 357
-
-
total
6 120
7 357
-
-
Income
163 500
163 500
163 500
163 500
Total tax
29 861
23 707
27 686
33 942
After tax
133 639
139 793
135 814
129 558
Living cost
17 370
17 370
17 370
17 370
Free-cash
116 268
122 422
118 443
112 187

Estimated living cost  is ₽17370 per week

₽11489
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽994
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽414
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4474
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽45207
₽58408
₽49265
₽65995
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
163 500
trade
-
-
-
16 730
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.

-
-
-
48 957
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.

-
-
-
6 894
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.

-
-
-
2 693
total
-
-
-
75 274
Employee

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

50 212
-
163 500
-
health

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

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

6 894
-
6 894
-
surtax

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

228
-
2 693
-
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.

4 129
-
48 957
-
total
11 251
-
58 544
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
113 288
163 500
-
-
surtax

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

935
1 348
-
-
income
16 993
24 525
-
-
trade
16 257
23 462
-
-
chamber of commerce
320
393
-
-
total
34 505
49 728
-
-
Dividends
78 783
113 773
-
-
surtax

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

1 063
1 544
-
-
withholding
19 312
28 060
-
-
total
20 375
29 604
-
-
Income
163 500
163 500
163 500
163 500
Total tax
66 131
79 332
58 544
75 274
After tax
97 369
84 168
104 956
88 226
Living cost
38 961
38 961
38 961
38 961
Free-cash
58 408
45 207
65 995
49 265

Estimated living cost  is ₽38961 per week

₽26876
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4192
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.
₽7327
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽56962
₽59192
₽30345
₽30345
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
163 500
income
-
-
-
48 720
social contributions
-
-
-
26 948
total
-
-
-
75 668
Employee
78 939
-
163 500
-
income
14 896
-
48 720
-
social contributions
6 558
-
26 948
-
total
21 454
-
75 668
-
Employer
78 939
-
163 500
-
total
-
-
-
-
Corporate
84 561
163 500
-
-
income
10 569
20 438
-
-
total
10 569
20 438
-
-
Dividends
73 991
143 062
-
-
withholding
14 798
28 613
-
-
total
14 798
28 613
-
-
Income
163 500
163 500
163 500
163 500
Total tax
46 821
49 051
75 668
75 668
After tax
116 679
114 449
87 832
87 832
Living cost
57 487
57 487
57 487
57 487
Free-cash
59 192
56 962
30 345
30 345

Estimated living cost  is ₽57487 per week

₽43735
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4684
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽550
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8518
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽64310
₽67837
₽91400
₽80490
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
163 500
income
-
-
-
28 726
health

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

-
-
-
6 741
total
-
-
-
35 467
Employee
46 295
-
158 858
-
income
5 023
-
37 093
-
social contributions
4 638
-
4 642
-
total
9 661
-
41 735
-
Employer
46 295
-
158 858
-
social contributions
4 638
-
4 642
-
total
4 638
-
4 642
-
Corporate
112 567
163 500
-
-
income
39 399
57 225
-
-
total
39 399
57 225
-
-
Dividends
73 168
106 275
-
-
social contributions
5 332
5 332
-
-
total
5 332
5 332
-
-
Income
163 500
163 500
163 500
163 500
Total tax
59 030
62 557
46 377
35 467
After tax
104 470
100 943
117 123
128 033
Living cost
36 633
36 633
36 633
36 633
Free-cash
67 837
64 310
80 490
91 400

Estimated living cost  is ₽36633 per week

₽24130
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2888
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽561
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9053
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽71013
₽77009
₽71923
₽57043
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
163 500
income
-
-
-
45 147
pensions
-
-
-
8 815
total
-
-
-
53 962
Employee
51 632
-
142 964
-
health
674
-
2 130
-
income
9 403
-
35 227
-
pensions
3 941
-
10 949
-
total
14 018
-
48 306
-
Employer
51 632
-
142 964
-
pensions
5 217
-
17 820
-
health
981
-
2 716
-
total
6 198
-
20 536
-
Corporate
105 670
163 500
-
-
income

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

20 077
31 065
-
-
total
20 077
31 065
-
-
Dividends
85 593
132 435
-
-
withholding
8 583
23 807
-
-
total
8 583
23 807
-
-
Income
163 500
163 500
163 500
163 500
Total tax
48 876
54 872
68 842
53 962
After tax
114 624
108 628
94 658
109 538
Living cost
37 615
37 615
37 615
37 615
Free-cash
77 009
71 013
57 043
71 923

Estimated living cost  is ₽37615 per week

₽25804
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3459
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽471
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7879
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽10653
₽9576
₽87920
₽64450
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
163 500
accident
-
-
-
253
income
-
-
-
44 697
pensions
-
-
-
4 174
other
-
-
-
372
health
-
-
-
2 188
total
-
-
-
51 684
Employee
37 589
-
146 416
-
health
4 304
-
16 765
-
income
5 157
-
33 652
-
pensions
4 233
-
7 653
-
total
13 694
-
58 070
-
Employer
37 589
-
146 416
-
accident
628
-
2 445
-
unemployment
921
-
3 587
-
pensions
6 112
-
11 052
-
total
7 661
-
17 084
-
Corporate
118 251
163 500
-
-
income

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

106 426
147 150
-
-
total
106 426
147 150
-
-
Dividends
11 825
16 350
-
-
withholding
2 247
3 107
-
-
total
2 247
3 107
-
-
Income
163 500
163 500
163 500
163 500
Total tax
130 028
150 257
75 154
51 684
After tax
33 472
13 243
88 346
111 816
Living cost
23 896
23 896
23 896
23 896
Free-cash
9 576
-10 653
64 450
87 920

Estimated living cost  is ₽23896 per week

₽17537
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1392
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽481
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4485
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽123954
₽119232
₽78746
₽100938
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
163 500
work injury
-
-
-
807
health insurance
-
-
-
11 943
income
-
-
-
26 741
pensions
-
-
-
29 695
unemployment
-
-
-
1 937
total
-
-
-
71 123
Employee

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

21 810
-
163 500
-
work injury
109
-
403
-
income
2 181
-
26 741
-
pensions
4 013
-
14 848
-
health insurance
1 614
-
5 971
-
unemployment
262
-
968
-
total
8 179
-
48 931
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
141 690
163 500
-
-
income

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

1 417
1 635
-
-
total
1 417
1 635
-
-
Dividends
140 273
161 865
-
-
withholding
21 041
24 280
-
-
total
21 041
24 280
-
-
Income
163 500
163 500
163 500
163 500
Total tax
30 637
25 915
48 931
71 123
After tax
132 863
137 585
114 569
92 377
Living cost
13 631
13 631
13 631
13 631
Free-cash
119 232
123 954
100 938
78 746

Estimated living cost  is ₽13631 per week

₽8445
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽991
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽425
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3771
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽45918
₽41327
₽36835
₽29659
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
163 500
municipal
-
-
-
1 094
regional
-
-
-
3 730
national
-
-
-
39 587
social contributions
-
-
-
42 051
total
-
-
-
86 462
Employee
85 039
-
163 500
-
social contributions
28 675
-
55 132
-
regional
1 284
-
3 306
-
municipal
507
-
975
-
national
14 371
-
34 225
-
total
44 837
-
93 638
-
Employer
85 039
-
163 500
-
total
-
-
-
-
Corporate
78 461
163 500
-
-
nationa
18 831
39 240
-
-
municipal
3 782
7 881
-
-
total
22 613
47 121
-
-
Dividends
55 848
116 379
-
-
withholding
14 520
30 258
-
-
total
14 520
30 258
-
-
Income
163 500
163 500
163 500
163 500
Total tax
81 970
77 379
93 638
86 462
After tax
81 530
86 121
69 862
77 038
Living cost
40 203
40 203
40 203
40 203
Free-cash
41 327
45 918
29 659
36 835

Estimated living cost  is ₽40203 per week

₽28240
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2765
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽607
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8589
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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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