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
₽ 165000
per

Your estimated
City
free-cash

Dresden , Germany
₽56711
₽75376
₽64014
₽52951
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
165 000
trade
-
-
-
18 665
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.

-
-
-
6 831
income

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

-
-
-
49 769
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.

-
-
-
2 738
total
-
-
-
78 003
Employee

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

38 244
-
165 000
-
surtax

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

59
-
2 738
-
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.

1 068
-
49 769
-
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.

6 831
-
6 831
-
total
7 958
-
59 338
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
126 756
165 000
-
-
trade
19 963
25 988
-
-
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.

1 046
1 360
-
-
income
19 013
24 751
-
-
chamber of commerce
334
389
-
-
total
40 356
52 488
-
-
Dividends
86 401
112 512
-
-
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.

1 167
1 526
-
-
withholding
21 219
27 749
-
-
total
22 386
29 275
-
-
Income
165 000
165 000
165 000
165 000
Total tax
70 700
81 763
59 338
78 003
After tax
94 300
83 237
105 662
86 997
Living cost
30 286
30 286
30 286
30 286
Free-cash
64 014
52 951
75 376
56 711

Estimated living cost  is ₽30286 per week

₽19051
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3531
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.
₽7138
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽47084
₽48379
₽51678
₽52518
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
165 000
social contributions
-
-
-
1 774
municipal
-
-
-
18 003
national
-
-
-
27 897
pensions
-
-
-
19 800
total
-
-
-
67 474
Employee
78 195
-
142 641
-
pensions
3 128
-
5 706
-
national
14 966
-
28 887
-
municipal
9 658
-
18 642
-
total
27 752
-
53 235
-
Employer
78 195
-
142 641
-
pensions
6 256
-
11 411
-
social contributions
841
-
1 533
-
total
7 097
-
12 944
-
Corporate
74 548
165 000
-
-
income

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

14 910
33 000
-
-
total
14 910
33 000
-
-
Dividends
59 639
132 000
-
-
withholding
13 121
29 040
-
-
total
13 121
29 040
-
-
Income
165 000
165 000
165 000
165 000
Total tax
62 880
62 040
66 179
67 474
After tax
102 120
102 960
98 821
97 526
Living cost
50 442
50 442
50 442
50 442
Free-cash
51 678
52 518
48 379
47 084

Estimated living cost  is ₽50442 per week

₽34285
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4689
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽755
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10713
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽35180
₽46985
₽102996
₽111197
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
165 000
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.

-
-
-
38 310
income
-
-
-
28 633
microenterprise
-
-
-
-
surtax
-
-
-
42 075
total
-
-
-
109 018
Employee
29 217
-
122 787
-
income
5 201
-
24 088
-
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.

3 214
-
13 108
-
surtax
-
-
17 804
-
total
8 415
-
55 000
-
Employer
29 217
-
122 787
-
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.

7 038
-
28 707
-
surtax
-
-
13 506
-
total
7 038
-
42 213
-
Corporate
128 745
165 000
-
-
income

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

25 749
33 001
-
-
total
25 749
33 001
-
-
Dividends

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

102 996
131 999
-
-
total
-
-
-
-
Income
165 000
165 000
165 000
165 000
Total tax
41 202
33 001
97 213
109 018
After tax
123 798
131 999
67 787
55 982
Living cost
20 802
20 802
20 802
20 802
Free-cash
102 996
111 197
46 985
35 180

Estimated living cost  is ₽20802 per week

₽13271
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1981
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽472
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5078
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽49981
₽59992
₽33511
₽39638
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
165 000
health
-
-
-
12 330
income
-
-
-
49 087
pensions
-
-
-
11 715
total
-
-
-
73 132
Employee
85 386
85 386
146 418
-
income

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

13 976
13 976
20 494
-
pensions
15 370
11 715
11 715
-
health
13 106
11 148
12 330
-
total
42 452
36 839
44 539
-
Employer
85 386
85 386
146 418
-
pensions
5 943
5 943
7 387
-
health
5 935
5 935
7 375
-
unemployment
3 074
3 074
3 820
-
total
14 952
14 952
18 582
-
Corporate
65 709
64 662
-
-
income
13 142
12 933
-
-
total
13 142
12 933
-
-
Dividends
52 567
51 728
-
-
withholding
7 886
7 759
-
-
income
11 170
10 992
-
-
total
19 056
18 751
-
-
Income
165 000
165 000
165 000
165 000
Total tax
89 602
83 475
63 121
73 132
After tax
75 398
81 525
101 879
91 868
Living cost
41 887
41 887
41 887
41 887
Free-cash
33 511
39 638
59 992
49 981

Estimated living cost  is ₽41887 per week

₽29684
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3776
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽666
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7761
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽46571
₽45637
₽50780
₽51642
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
165 000
other
-
-
-
9 792
unemployment
-
-
-
84
accident
-
-
-
168
municipal
-
-
-
41 923
health
-
-
-
5 258
national
-
-
-
13 647
pensions
-
-
-
9 109
total
-
-
-
79 981
Employee
54 785
-
138 524
-
national
-
-
13 131
-
municipal
16 337
-
41 308
-
total
16 337
-
54 439
-
Employer
54 785
-
138 524
-
pensions
5 922
-
9 109
-
other
6 366
-
9 792
-
accident
110
-
168
-
health
3 369
-
5 182
-
unemployment
1 446
-
2 225
-
total
17 213
-
26 476
-
Corporate
93 002
165 000
-
-
income
20 460
36 300
-
-
total
20 460
36 300
-
-
Dividends
72 541
128 700
-
-
withholding
21 762
38 610
-
-
total
21 762
38 610
-
-
Income
165 000
165 000
165 000
165 000
Total tax
75 772
74 910
80 915
79 981
After tax
89 228
90 090
84 085
85 019
Living cost
38 448
38 448
38 448
38 448
Free-cash
50 780
51 642
45 637
46 571

Estimated living cost  is ₽38448 per week

₽25482
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3773
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.
₽8610
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽46887
₽66382
₽57156
₽43109
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
165 000
trade
-
-
-
19 495
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.

-
-
-
6 831
income

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

-
-
-
49 769
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.

-
-
-
2 738
total
-
-
-
78 833
Employee

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

50 706
-
165 000
-
surtax

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

239
-
2 738
-
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.

4 357
-
49 769
-
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.

6 831
-
6 831
-
total
11 427
-
59 338
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
114 294
165 000
-
-
trade
18 802
27 143
-
-
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.

943
1 360
-
-
income
17 144
24 751
-
-
chamber of commerce
315
387
-
-
total
37 204
53 641
-
-
Dividends
77 090
111 358
-
-
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.

1 040
1 510
-
-
withholding
18 893
27 460
-
-
total
19 933
28 970
-
-
Income
165 000
165 000
165 000
165 000
Total tax
68 564
82 611
59 338
78 833
After tax
96 436
82 389
105 662
86 167
Living cost
39 280
39 280
39 280
39 280
Free-cash
57 156
43 109
66 382
46 887

Estimated living cost  is ₽39280 per week

₽26271
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4142
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽586
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8281
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

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
₽80904
₽79422
₽83827
₽87974
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
165 000
social contributions
-
-
-
16 178
health
-
-
-
4 207
income
-
-
-
31 280
total
-
-
-
51 665
Employee
76 887
76 887
153 553
-
income
8 074
7 117
30 481
-
social contributions
3 736
6 381
8 607
-
health
765
1 307
2 611
-
total
12 575
14 805
41 699
-
Employer
76 887
76 887
153 553
-
health
833
1 423
2 841
-
social contributions
3 736
6 381
8 607
-
total
4 569
7 804
11 448
-
Corporate
115 425
80 309
-
-
income
14 428
10 040
-
-
total
14 428
10 040
-
-
Dividends
100 997
70 270
-
-
withholding
17 170
11 946
-
-
total
17 170
11 946
-
-
Income
165 000
165 000
165 000
165 000
Total tax
48 742
44 595
53 147
51 665
After tax
116 258
120 405
111 853
113 335
Living cost
32 431
32 431
32 431
32 431
Free-cash
83 827
87 974
79 422
80 904

Estimated living cost  is ₽32431 per week

₽22170
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2533
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽545
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7184
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽96068
₽77415
₽74856
₽74477
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
165 000
unemployment
-
-
-
2 475
health
-
-
-
11 550
income
-
-
-
20 171
pensions
-
-
-
16 500
total
-
-
-
50 696
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.

26 323
10 476
138 075
-
income
3 218
1 281
16 880
-
pensions
2 632
1 048
13 808
-
unemployment
395
157
2 071
-
health
1 843
733
9 665
-
total
8 088
3 219
42 424
-
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.

26 323
10 476
138 075
-
pensions
5 133
2 043
26 925
-
total
5 133
2 043
26 925
-
Corporate
133 544
152 481
-
-
income
12 019
13 723
-
-
total
12 019
13 723
-
-
Dividends
121 525
138 758
-
-
social contributions
23 578
26 938
-
-
withholding
23 090
26 364
-
-
total
46 668
53 302
-
-
Income
165 000
165 000
165 000
165 000
Total tax
71 908
72 287
69 349
50 696
After tax
93 092
92 713
95 651
114 304
Living cost
18 236
18 236
18 236
18 236
Free-cash
74 856
74 477
77 415
96 068

Estimated living cost  is ₽18236 per week

₽12444
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1492
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽364
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3935
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽64290
₽70952
₽101639
₽107848
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
165 000
health
-
-
-
21 449
income
-
-
-
22 111
pensions
-
-
-
32 999
total
-
-
-
76 559
Employee
28 365
-
123 316
-
income
3 193
-
23 775
-
pensions
567
-
2 467
-
unemployment
453
-
1 973
-
total
4 213
-
28 215
-
Employer
28 365
-
123 316
-
pensions
5 673
-
24 663
-
health
3 687
-
16 032
-
unemployment
228
-
987
-
total
9 588
-
41 682
-
Corporate
127 047
165 000
-
-
income
25 409
33 001
-
-
total
25 409
33 001
-
-
Dividends
101 638
131 999
-
-
total
-
-
-
-
Income
165 000
165 000
165 000
165 000
Total tax
39 210
33 001
69 897
76 559
After tax
125 790
131 999
95 103
88 441
Living cost
24 151
24 151
24 151
24 151
Free-cash
101 639
107 848
70 952
64 290

Estimated living cost  is ₽24151 per week

₽16565
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1438
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.
₽5662
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽90918
₽67345
₽10003
-₽8549
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
165 000
other
-
-
-
369
accident
-
-
-
252
health
-
-
-
2 172
income
-
-
-
45 230
pensions
-
-
-
4 145
total
-
-
-
52 168
Employee
34 472
-
147 931
-
income
4 729
-
34 136
-
pensions
3 882
-
7 599
-
health
3 947
-
16 938
-
total
12 558
-
58 673
-
Employer
34 472
-
147 931
-
pensions
5 605
-
10 974
-
accident
575
-
2 470
-
unemployment
845
-
3 624
-
total
7 025
-
17 068
-
Corporate
123 503
165 000
-
-
income

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

111 153
148 500
-
-
total
111 153
148 500
-
-
Dividends
12 350
16 500
-
-
withholding
2 347
3 135
-
-
total
2 347
3 135
-
-
Income
165 000
165 000
165 000
165 000
Total tax
133 083
151 635
75 741
52 168
After tax
31 917
13 365
89 259
112 832
Living cost
21 914
21 914
21 914
21 914
Free-cash
10 003
-8 549
67 345
90 918

Estimated living cost  is ₽21914 per week

₽16061
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1214
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽457
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4182
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽154339
₽122989
₽146050
₽147739
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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%.

-
-
-
165 000
microenterprise

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

-
-
-
1 650
total
-
-
-
1 650
Employee
11 263
-
165 000
-
income
2 252
-
33 000
-
total
2 252
-
33 000
-
Employer
-
-
-
-
total
-
-
-
-
Corporate

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

153 737
165 000
-
-
total
-
-
-
-
Dividends
153 737
165 000
-
-
withholding
7 687
8 250
-
-
total
7 687
8 250
-
-
Income
165 000
165 000
165 000
165 000
Total tax
9 939
8 250
33 000
1 650
After tax
155 061
156 750
132 000
163 350
Living cost
9 011
9 011
9 011
9 011
Free-cash
146 050
147 739
122 989
154 339

Estimated living cost  is ₽9011 per week

₽5584
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽749
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽248
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2430
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽63534
₽67137
₽87830
₽94582
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
165 000
other
-
-
-
7 222
health
-
-
-
6 690
income
-
-
-
24 419
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.

-
-
-
36 492
total
-
-
-
74 823
Employee
36 305
-
131 787
-
income
6 250
-
25 618
-
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.

2 541
-
9 226
-
unemployment
362
-
1 319
-
health
509
-
1 844
-
total
9 662
-
38 007
-
Employer
36 305
-
131 787
-
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.

6 172
-
22 405
-
other
1 816
-
6 590
-
accident
290
-
1 055
-
health
509
-
1 844
-
unemployment
362
-
1 319
-
total
9 149
-
33 213
-
Corporate
119 545
165 000
-
-
income
25 105
34 650
-
-
total
25 105
34 650
-
-
Dividends
94 440
130 350
-
-
withholding
6 611
9 125
-
-
total
6 611
9 125
-
-
Income
165 000
165 000
165 000
165 000
Total tax
50 527
43 775
71 220
74 823
After tax
114 473
121 225
93 780
90 177
Living cost
26 643
26 643
26 643
26 643
Free-cash
87 830
94 582
67 137
63 534

Estimated living cost  is ₽26643 per week

₽18825
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1799
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽429
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5590
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽43073
₽28071
₽42563
₽42061
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
165 000
income
-
-
-
45 870
pensions
-
-
-
8 804
total
-
-
-
54 674
Employee
95 153
-
144 249
-
income
17 152
-
35 866
-
pensions
9 180
-
10 919
-
health
1 568
-
2 140
-
total
27 900
-
48 925
-
Employer
95 153
-
144 249
-
pensions
11 235
-
18 009
-
health
1 807
-
2 742
-
total
13 042
-
20 751
-
Corporate
56 805
165 000
-
-
income

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

10 792
31 350
-
-
total
10 792
31 350
-
-
Dividends
46 013
133 650
-
-
withholding
3 450
24 336
-
-
total
3 450
24 336
-
-
Income
165 000
165 000
165 000
165 000
Total tax
55 184
55 686
69 676
54 674
After tax
109 816
109 314
95 324
110 326
Living cost
67 253
67 253
67 253
67 253
Free-cash
42 563
42 061
28 071
43 073

Estimated living cost  is ₽67253 per week

₽50394
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽7902
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽547
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8411
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽117819
₽124171
₽123325
₽127968
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
165 000
unemployment
-
-
-
140
health
-
-
-
4 016
income
-
-
-
24 750
pensions

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

-
-
-
5 168
total
-
-
-
34 074
Employee
17 356
-
158 149
-
income
1 735
-
15 815
-
pensions

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

1 524
-
3 066
-
health
798
-
1 606
-
accident

We are using the highest rate at 1.1%.

191
-
384
-
total
4 248
-
20 871
-
Employer
17 356
-
158 149
-
pensions

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

1 913
-
3 848
-
accident

We are using the highest rate at 1.1%.

191
-
384
-
health
1 198
-
2 409
-
unemployment
104
-
210
-
total
3 406
-
6 851
-
Corporate
144 238
165 000
-
-
income
14 424
16 500
-
-
total
14 424
16 500
-
-
Dividends
129 814
148 500
-
-
withholding
6 490
7 425
-
-
total
6 490
7 425
-
-
Income
165 000
165 000
165 000
165 000
Total tax
28 568
23 925
27 722
34 074
After tax
136 432
141 075
137 278
130 926
Living cost
13 107
13 107
13 107
13 107
Free-cash
123 325
127 968
124 171
117 819

Estimated living cost  is ₽13107 per week

₽7652
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽936
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽347
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4172
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽36423
₽46434
₽28595
₽26080
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
165 000
health
-
-
-
12 330
income
-
-
-
49 087
pensions
-
-
-
11 715
total
-
-
-
73 132
Employee
92 702
85 386
146 418
-
income

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

13 976
13 976
20 494
-
pensions
11 715
11 715
11 715
-
health
11 565
11 148
12 330
-
total
37 256
36 839
44 539
-
Employer
92 702
85 386
146 418
-
pensions
6 451
5 943
7 387
-
health
6 442
5 935
7 375
-
unemployment
3 338
3 074
3 820
-
total
16 231
14 952
18 582
-
Corporate
56 067
64 662
-
-
income
11 214
12 933
-
-
total
11 214
12 933
-
-
Dividends
44 853
51 728
-
-
withholding
6 728
7 759
-
-
income
9 531
10 992
-
-
total
16 259
18 751
-
-
Income
165 000
165 000
165 000
165 000
Total tax
80 960
83 475
63 121
73 132
After tax
84 040
81 525
101 879
91 868
Living cost
55 445
55 445
55 445
55 445
Free-cash
28 595
26 080
46 434
36 423

Estimated living cost  is ₽55445 per week

₽40900
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4952
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽636
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8958
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽67935
₽60796
₽81025
₽89591
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
165 000
social contributions
-
-
-
34 552
health
-
-
-
22 275
income
-
-
-
16 226
solidarity contribution
-
-
-
-
total
-
-
-
73 053
Employee
35 311
-
124 236
-
income
4 237
-
14 966
-
solidarity contribution
-
-
-
-
social contributions
2 295
-
7 691
-
health
4 767
-
16 772
-
total
11 299
-
39 429
-
Employer
35 311
-
124 236
-
health
3 178
-
11 181
-
social contributions
8 828
-
29 582
-
total
12 006
-
40 763
-
Corporate
117 683
165 000
-
-
income
22 360
31 350
-
-
total
22 360
31 350
-
-
Dividends
95 323
133 650
-
-
withholding
14 298
20 047
-
-
total
14 298
20 047
-
-
Income
165 000
165 000
165 000
165 000
Total tax
59 963
51 397
80 192
73 053
After tax
105 037
113 603
84 808
91 947
Living cost
24 012
24 012
24 012
24 012
Free-cash
81 025
89 591
60 796
67 935

Estimated living cost  is ₽24012 per week

₽16679
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1708
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽472
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5153
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽37315
₽29861
₽40620
₽45843
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
165 000
social contributions
-
-
-
42 439
municipal
-
-
-
981
national
-
-
-
40 137
regional
-
-
-
1 936
total
-
-
-
85 493
Employee
88 864
-
165 000
-
national
15 398
-
34 726
-
social contributions
29 965
-
55 638
-
municipal
471
-
875
-
regional
838
-
1 708
-
total
46 672
-
92 947
-
Employer
88 864
-
165 000
-
total
-
-
-
-
Corporate
76 136
165 000
-
-
nationa
18 273
39 600
-
-
municipal
2 970
6 434
-
-
total
21 243
46 034
-
-
Dividends
54 894
118 965
-
-
withholding
14 273
30 931
-
-
total
14 273
30 931
-
-
Income
165 000
165 000
165 000
165 000
Total tax
82 188
76 965
92 947
85 493
After tax
82 812
88 035
72 053
79 507
Living cost
42 192
42 192
42 192
42 192
Free-cash
40 620
45 843
29 861
37 315

Estimated living cost  is ₽42192 per week

₽29411
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2767
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽647
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9366
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽56164
₽49930
₽78608
₽81722
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
165 000
other
-
-
-
-
unemployment
-
-
-
228
health
-
-
-
9 474
income
-
-
-
43 832
surtax
-
-
-
6 548
pensions
-
-
-
26 690
total
-
-
-
86 772
Employee
33 066
-
136 910
-
income
5 543
-
37 853
-
pensions
2 205
-
8 901
-
unemployment
2 302
-
9 288
-
health
844
-
3 402
-
other
-
-
-
-
surtax
108
-
5 472
-
total
11 002
-
64 916
-
Employer
33 066
-
136 910
-
pensions
4 408
-
17 789
-
other
-
-
-
-
health
1 505
-
6 072
-
unemployment
1 047
-
4 229
-
total
6 960
-
28 090
-
Corporate
124 974
165 000
-
-
income
32 494
42 900
-
-
total
32 494
42 900
-
-
Dividends
92 480
122 100
-
-
withholding
13 872
18 314
-
-
total
13 872
18 314
-
-
Income
165 000
165 000
165 000
165 000
Total tax
64 328
61 214
93 006
86 772
After tax
100 672
103 786
71 994
78 228
Living cost
22 064
22 064
22 064
22 064
Free-cash
78 608
81 722
49 930
56 164

Estimated living cost  is ₽22064 per week

₽13491
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2036
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽509
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6028
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽64380
₽49378
₽69767
₽63368
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
165 000
income
-
-
-
45 870
pensions
-
-
-
8 804
total
-
-
-
54 674
Employee
63 769
-
144 249
-
income
11 485
-
35 866
-
pensions
5 413
-
10 919
-
health
926
-
2 140
-
total
17 824
-
48 925
-
Employer
63 769
-
144 249
-
pensions
6 903
-
18 009
-
health
1 211
-
2 742
-
total
8 114
-
20 751
-
Corporate
93 116
165 000
-
-
income

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

17 693
31 350
-
-
total
17 693
31 350
-
-
Dividends
75 424
133 650
-
-
withholding
5 656
24 336
-
-
total
5 656
24 336
-
-
Income
165 000
165 000
165 000
165 000
Total tax
49 287
55 686
69 676
54 674
After tax
115 713
109 314
95 324
110 326
Living cost
45 946
45 946
45 946
45 946
Free-cash
69 767
63 368
49 378
64 380

Estimated living cost  is ₽45946 per week

₽34422
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3444
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.
₽7598
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽58474
₽50662
₽32209
-₽130
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
165 000
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.

-
-
-
3 300
health
-
-
-
371
city
-
-
-
1 739
national
-
-
-
2 450
regional
-
-
-
7 905
pensions
-
-
-
15 180
total
-
-
-
30 945
Employee
88 449
-
147 683
-
pensions
7 431
-
12 406
-
national
419
-
1 907
-
unemployment
-
-
-
-
city
949
-
1 586
-
health
200
-
332
-
regional
2 896
-
6 833
-
total
11 895
-
23 064
-
Employer
88 449
-
147 683
-
pensions
7 431
-
12 406
-
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.

1 768
-
2 955
-
health
200
-
332
-
unemployment
-
-
-
-
total
9 399
-
15 693
-
Corporate
66 179
165 000
-
-
regional
13 996
34 897
-
-
national
5 626
14 025
-
-
total
19 622
48 922
-
-
Dividends
46 558
116 078
-
-
withholding
16 294
40 627
-
-
total
16 294
40 627
-
-
Income
165 000
165 000
165 000
165 000
Total tax
57 210
89 549
38 757
30 945
After tax
107 790
75 451
126 243
134 055
Living cost
75 581
75 581
75 581
75 581
Free-cash
32 209
-130
50 662
58 474

Estimated living cost  is ₽75581 per week

₽49149
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽6783
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽928
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽18721
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽39533
₽59857
₽51950
₽35737
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
165 000
trade
-
-
-
20 324
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.

-
-
-
6 831
income

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

-
-
-
49 769
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.

-
-
-
2 738
total
-
-
-
79 662
Employee

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

60 091
-
165 000
-
surtax

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

389
-
2 738
-
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.

7 066
-
49 769
-
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.

6 831
-
6 831
-
total
14 286
-
59 338
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
104 909
165 000
-
-
trade
17 992
28 297
-
-
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.

865
1 360
-
-
income
15 736
24 751
-
-
chamber of commerce
300
383
-
-
total
34 893
54 791
-
-
Dividends
70 016
110 209
-
-
surtax

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

941
1 495
-
-
withholding
17 125
27 172
-
-
total
18 066
28 667
-
-
Income
165 000
165 000
165 000
165 000
Total tax
67 245
83 458
59 338
79 662
After tax
97 755
81 542
105 662
85 338
Living cost
45 805
45 805
45 805
45 805
Free-cash
51 950
35 737
59 857
39 533

Estimated living cost  is ₽45805 per week

₽33454
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3664
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽596
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8093
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽58955
₽57702
₽54856
₽48951
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
165 000
other
-
-
-
5 116
social contributions
-
-
-
4 700
health
-
-
-
6 630
income
-
-
-
24 909
surtax
-
-
-
-
pensions
-
-
-
30 481
total
-
-
-
71 836
Employee
42 794
-
128 474
-
income
2 526
-
24 295
-
pensions
4 839
-
8 613
-
social contributions
1 220
-
3 662
-
surtax
-
-
-
-
total
8 585
-
36 570
-
Employer
42 794
-
128 474
-
pensions
7 030
-
14 552
-
other
1 476
-
4 873
-
health
2 996
-
11 506
-
unemployment
1 732
-
5 203
-
social contributions
129
-
385
-
total
13 363
-
36 519
-
Corporate
108 842
165 000
-
-
surtax
-
-
-
-
income
30 475
46 200
-
-
total
30 475
46 200
-
-
Dividends
78 367
118 800
-
-
surtax
-
-
-
-
social contributions
13 482
20 434
-
-
withholding
10 030
15 206
-
-
total
23 512
35 640
-
-
Income
165 000
165 000
165 000
165 000
Total tax
75 935
81 840
73 089
71 836
After tax
89 065
83 160
91 911
93 164
Living cost
34 209
34 209
34 209
34 209
Free-cash
54 856
48 951
57 702
58 955

Estimated living cost  is ₽34209 per week

₽21570
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2782
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽583
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9277
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽62344
₽61091
₽57895
₽52340
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
165 000
other
-
-
-
5 116
social contributions
-
-
-
4 700
health
-
-
-
6 630
income
-
-
-
24 909
surtax
-
-
-
-
pensions
-
-
-
30 481
total
-
-
-
71 836
Employee
38 199
-
128 474
-
income
1 970
-
24 295
-
pensions
4 321
-
8 613
-
social contributions
1 089
-
3 662
-
surtax
-
-
-
-
total
7 380
-
36 570
-
Employer
38 199
-
128 474
-
pensions
6 277
-
14 552
-
other
1 319
-
4 873
-
health
2 674
-
11 506
-
unemployment
1 546
-
5 203
-
social contributions
114
-
385
-
total
11 930
-
36 519
-
Corporate
114 871
165 000
-
-
surtax
-
-
-
-
income
32 164
46 200
-
-
total
32 164
46 200
-
-
Dividends
82 707
118 800
-
-
surtax
-
-
-
-
social contributions
14 225
20 434
-
-
withholding
10 586
15 206
-
-
total
24 811
35 640
-
-
Income
165 000
165 000
165 000
165 000
Total tax
76 285
81 840
73 089
71 836
After tax
88 715
83 160
91 911
93 164
Living cost
30 820
30 820
30 820
30 820
Free-cash
57 895
52 340
61 091
62 344

Estimated living cost  is ₽30820 per week

₽17874
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3131
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.
₽9231
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽84759
₽81684
₽79983
₽79464
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
165 000
social contributions
-
-
-
22 770
health
-
-
-
11 518
income
-
-
-
24 751
total
-
-
-
59 039
Employee
33 902
-
165 000
-
income
5 654
-
27 826
-
social contributions
4 679
-
22 770
-
health
2 366
-
11 518
-
total
12 699
-
62 114
-
Employer
33 902
-
165 000
-
total
-
-
-
-
Corporate
131 098
165 000
-
-
income

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

6 556
8 250
-
-
total
6 556
8 250
-
-
Dividends
124 542
156 750
-
-
social contributions
17 187
21 631
-
-
health
8 692
10 941
-
-
withholding
18 681
23 512
-
-
total
44 560
56 084
-
-
Income
165 000
165 000
165 000
165 000
Total tax
63 815
64 334
62 114
59 039
After tax
101 185
100 666
102 886
105 961
Living cost
21 202
21 202
21 202
21 202
Free-cash
79 983
79 464
81 684
84 759

Estimated living cost  is ₽21202 per week

₽14189
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1307
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽488
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5216
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽49424
₽8369
₽54622
₽56170
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
165 000
chamber of commerce
-
-
-
660
unemployment
-
-
-
6 133
health
-
-
-
8 935
income
-
-
-
42 809
surtax
-
-
-
197
pensions
-
-
-
21 610
total
-
-
-
80 344
Employee
49 970
39 847
130 208
-
income
5 689
2 939
33 849
-
pensions
5 117
4 080
11 962
-
unemployment
1 499
1 195
3 505
-
health
1 934
1 543
4 520
-
other
499
398
1 169
-
total
14 738
10 155
55 005
-
Employer
49 970
39 847
130 208
-
pensions
6 271
5 002
14 660
-
other
2 374
1 892
6 070
-
accident
649
518
1 518
-
health
1 888
1 507
4 415
-
payroll
1 499
1 195
3 907
-
chamber of commerce
199
159
520
-
unemployment
1 499
1 195
3 505
-
surtax
197
197
197
-
total
14 576
11 665
34 792
-
Corporate
100 454
113 487
126 413
-
income

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

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

25 113
28 371
31 602
-
total
25 113
28 371
31 602
-
Dividends
75 341
85 116
-
-
withholding
20 719
23 407
-
-
total
20 719
23 407
-
-
Income
165 000
165 000
165 000
165 000
Total tax
75 146
73 598
121 399
80 344
After tax
89 854
91 402
43 601
84 656
Living cost
35 232
35 232
35 232
35 232
Free-cash
54 622
56 170
8 369
49 424

Estimated living cost  is ₽35232 per week

₽23498
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3006
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽579
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8150
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽35005
₽22257
₽40851
₽55845
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
165 000
social contributions
-
-
-
24 929
communal

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

-
-
-
8 404
national
-
-
-
60 205
total
-
-
-
93 538
Employee

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

71 523
-
127 798
-
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.

5 364
-
9 584
-
national
21 989
-
45 716
-
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.

622
-
1 112
-
communal

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

3 730
-
6 666
-
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.

3 360
-
6 007
-
total
35 065
-
69 085
-
Employer

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

71 523
-
127 798
-
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.

6 338
-
11 322
-
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.

930
-
1 662
-
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.

4 398
-
7 859
-
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.

1 044
-
1 865
-
surtax
8 110
-
14 493
-
total
20 820
-
37 201
-
Corporate
72 658
165 000
-
-
surtax
290
660
-
-
income
14 531
33 001
-
-
total
14 821
33 661
-
-
Dividends
57 837
131 339
-
-
withholding

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

16 986
39 037
-
-
total
16 986
39 037
-
-
Income
165 000
165 000
165 000
165 000
Total tax
87 692
72 698
106 286
93 538
After tax
77 308
92 302
58 714
71 462
Living cost
36 457
36 457
36 457
36 457
Free-cash
40 851
55 845
22 257
35 005

Estimated living cost  is ₽36457 per week

₽23483
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3188
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.
₽9216
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽56612
₽52417
₽66949
₽74007
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
165 000
other
-
-
-
93
unemployment
-
-
-
649
accident
-
-
-
835
income
-
-
-
44 474
pensions
-
-
-
26 227
total
-
-
-
72 278
Employee
49 772
-
135 454
-
income
10 502
-
41 041
-
pensions
2 340
-
4 357
-
unemployment
772
-
1 436
-
other
49
-
93
-
total
13 663
-
46 927
-
Employer
49 772
-
135 454
-
pensions
11 745
-
21 872
-
other
397
-
742
-
accident
985
-
1 835
-
unemployment
2 738
-
5 097
-
total
15 865
-
29 546
-
Corporate
99 363
165 000
-
-
income

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

14 905
24 751
-
-
total
14 905
24 751
-
-
Dividends
84 459
140 249
-
-
withholding
17 508
30 132
-
-
total
17 508
30 132
-
-
Income
165 000
165 000
165 000
165 000
Total tax
61 941
54 883
76 473
72 278
After tax
103 059
110 117
88 527
92 722
Living cost
36 110
36 110
36 110
36 110
Free-cash
66 949
74 007
52 417
56 612

Estimated living cost  is ₽36110 per week

₽26591
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2562
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽520
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6436
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽28484
₽35065
₽30607
₽42863
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
165 000
accident
-
-
-
1 391
health
-
-
-
11 592
income
-
-
-
25 854
communal
-
-
-
10 429
surtax
-
-
-
8 180
pensions
-
-
-
24 732
total
-
-
-
82 178
Employee
75 721
-
147 388
-
income
7 314
-
30 604
-
pensions
6 057
-
11 791
-
health
3 370
-
6 558
-
surtax
4 641
-
9 032
-
total
21 382
-
57 985
-
Employer
75 721
-
147 388
-
pensions
6 057
-
11 791
-
accident
681
-
1 326
-
health
2 309
-
4 495
-
total
9 047
-
17 612
-
Corporate
80 232
165 000
-
-
communal
5 415
11 138
-
-
surtax
842
1 732
-
-
income
12 036
24 751
-
-
total
18 293
37 621
-
-
Dividends
61 939
127 379
-
-
withholding
9 290
19 108
-
-
income
22 043
11 070
-
-
total
31 333
30 178
-
-
Income
165 000
165 000
165 000
165 000
Total tax
80 055
67 799
75 597
82 178
After tax
84 945
97 201
89 403
82 822
Living cost
54 338
54 338
54 338
54 338
Free-cash
30 607
42 863
35 065
28 484

Estimated living cost  is ₽54338 per week

₽40762
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3292
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.
₽9707
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽55769
₽49535
₽78144
₽81327
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
165 000
other
-
-
-
-
unemployment
-
-
-
228
health
-
-
-
9 474
income
-
-
-
43 832
surtax
-
-
-
6 548
pensions
-
-
-
26 690
total
-
-
-
86 772
Employee
33 673
-
136 910
-
income
5 645
-
37 853
-
pensions
2 247
-
8 901
-
unemployment
2 343
-
9 288
-
health
860
-
3 402
-
other
-
-
-
-
surtax
120
-
5 472
-
total
11 215
-
64 916
-
Employer
33 673
-
136 910
-
pensions
4 489
-
17 789
-
other
-
-
-
-
health
1 531
-
6 072
-
unemployment
1 068
-
4 229
-
total
7 088
-
28 090
-
Corporate
124 238
165 000
-
-
income
32 303
42 900
-
-
total
32 303
42 900
-
-
Dividends
91 936
122 100
-
-
withholding
13 791
18 314
-
-
total
13 791
18 314
-
-
Income
165 000
165 000
165 000
165 000
Total tax
64 397
61 214
93 006
86 772
After tax
100 603
103 786
71 994
78 228
Living cost
22 459
22 459
22 459
22 459
Free-cash
78 144
81 327
49 535
55 769

Estimated living cost  is ₽22459 per week

₽13559
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1953
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽522
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6427
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽52019
₽44605
₽57573
₽59792
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
165 000
social contributions
-
-
-
42 439
municipal
-
-
-
981
national
-
-
-
40 137
regional
-
-
-
2 489
total
-
-
-
86 046
Employee
55 465
-
165 000
-
national
8 787
-
34 726
-
social contributions
18 703
-
55 638
-
municipal
294
-
875
-
regional
747
-
2 221
-
total
28 531
-
93 460
-
Employer
55 465
-
165 000
-
total
-
-
-
-
Corporate
109 535
165 000
-
-
nationa
26 288
39 600
-
-
municipal
5 444
8 201
-
-
total
31 732
47 801
-
-
Dividends
77 803
117 199
-
-
withholding
20 229
30 472
-
-
total
20 229
30 472
-
-
Income
165 000
165 000
165 000
165 000
Total tax
80 492
78 273
93 460
86 046
After tax
84 508
86 727
71 540
78 954
Living cost
26 935
26 935
26 935
26 935
Free-cash
57 573
59 792
44 605
52 019

Estimated living cost  is ₽26935 per week

₽16751
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2729
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.
₽6994
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽62358
₽55219
₽73458
₽84014
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
165 000
social contributions
-
-
-
34 552
health
-
-
-
22 275
income
-
-
-
16 226
solidarity contribution
-
-
-
-
total
-
-
-
73 053
Employee
43 513
-
124 236
-
income
5 222
-
14 966
-
solidarity contribution
-
-
-
-
social contributions
2 828
-
7 691
-
health
5 874
-
16 772
-
total
13 924
-
39 429
-
Employer
43 513
-
124 236
-
health
3 916
-
11 181
-
social contributions
10 878
-
29 582
-
total
14 794
-
40 763
-
Corporate
106 693
165 000
-
-
income
20 272
31 350
-
-
total
20 272
31 350
-
-
Dividends
86 421
133 650
-
-
withholding
12 963
20 047
-
-
total
12 963
20 047
-
-
Income
165 000
165 000
165 000
165 000
Total tax
61 953
51 397
80 192
73 053
After tax
103 047
113 603
84 808
91 947
Living cost
29 589
29 589
29 589
29 589
Free-cash
73 458
84 014
55 219
62 358

Estimated living cost  is ₽29589 per week

₽22004
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1639
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽512
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5434
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽52953
₽11760
₽59113
₽59610
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
165 000
chamber of commerce
-
-
-
660
unemployment
-
-
-
6 133
health
-
-
-
8 935
income
-
-
-
42 809
surtax
-
-
-
-
pensions
-
-
-
21 610
total
-
-
-
80 147
Employee
43 708
39 847
130 390
-
income
3 894
2 939
33 925
-
pensions
4 476
4 080
11 962
-
unemployment
1 311
1 195
3 505
-
health
1 691
1 543
4 520
-
other
436
398
1 169
-
total
11 808
10 155
55 081
-
Employer
43 708
39 847
130 390
-
pensions
5 486
5 002
14 660
-
other
2 076
1 892
6 078
-
accident
567
518
1 518
-
health
1 653
1 507
4 415
-
payroll
1 311
1 195
3 913
-
chamber of commerce
175
159
522
-
unemployment
1 311
1 195
3 505
-
surtax
-
-
-
-
total
12 579
11 468
34 611
-
Corporate
108 714
113 685
126 595
-
income

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

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

27 178
28 420
31 648
-
total
27 178
28 420
31 648
-
Dividends
81 536
85 264
-
-
withholding
22 422
23 447
-
-
total
22 422
23 447
-
-
Income
165 000
165 000
165 000
165 000
Total tax
73 987
73 490
121 340
80 147
After tax
91 013
91 510
43 660
84 853
Living cost
31 900
31 900
31 900
31 900
Free-cash
59 113
59 610
11 760
52 953

Estimated living cost  is ₽31900 per week

₽19136
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3258
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽569
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8937
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽149309
₽117959
₽140076
₽142709
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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%.

-
-
-
165 000
microenterprise

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

-
-
-
1 650
total
-
-
-
1 650
Employee
17 552
-
165 000
-
income
3 511
-
33 000
-
total
3 511
-
33 000
-
Employer
-
-
-
-
total
-
-
-
-
Corporate

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

147 448
165 000
-
-
total
-
-
-
-
Dividends
147 448
165 000
-
-
withholding
7 372
8 250
-
-
total
7 372
8 250
-
-
Income
165 000
165 000
165 000
165 000
Total tax
10 883
8 250
33 000
1 650
After tax
154 117
156 750
132 000
163 350
Living cost
14 041
14 041
14 041
14 041
Free-cash
140 076
142 709
117 959
149 309

Estimated living cost  is ₽14041 per week

₽9502
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽589
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.
₽3479
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽54333
₽49963
₽78419
₽86784
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
165 000
unemployment
-
-
-
247
health
-
-
-
16 235
income
-
-
-
37 232
pensions
-
-
-
30 134
total
-
-
-
83 848
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.

44 215
-
142 771
-
income
7 625
-
34 439
-
pensions
6 854
-
22 130
-
unemployment
63
-
199
-
health
2 856
-
9 222
-
total
17 398
-
65 990
-
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.

44 215
-
142 771
-
pensions
3 913
-
12 635
-
health
2 945
-
9 508
-
unemployment
27
-
85
-
total
6 885
-
22 228
-
Corporate
113 901
165 000
-
-
income
21 641
31 350
-
-
total
21 641
31 350
-
-
Dividends
92 260
133 650
-
-
withholding
13 838
20 047
-
-
total
13 838
20 047
-
-
Income
165 000
165 000
165 000
165 000
Total tax
59 762
51 397
88 218
83 848
After tax
105 238
113 603
76 782
81 152
Living cost
26 819
26 819
26 819
26 819
Free-cash
78 419
86 784
49 963
54 333

Estimated living cost  is ₽26819 per week

₽18406
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.
₽520
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6176
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽70988
₽108838
₽9899
₽57346
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
165 000
social contributions
-
-
-
18 810
income
-
-
-
32 162
total
-
-
-
50 972
Employee
61 714
-
-
-
income
13 613
-
-
-
social contributions
5 061
-
721
-
total
18 674
-
721
-
Employer
61 714
-
-
-
social contributions
87 016
-
12 401
-
total
87 016
-
12 401
-
Corporate
16 270
165 000
-
-
income
3 579
36 300
-
-
total
3 579
36 300
-
-
Dividends
12 691
128 700
-
-
income
2 792
28 314
-
-
total
2 792
28 314
-
-
Income
165 000
165 000
165 000
165 000
Total tax
112 061
64 614
13 122
50 972
After tax
52 939
100 386
151 878
114 028
Living cost
43 040
43 040
43 040
43 040
Free-cash
9 899
57 346
108 838
70 988

Estimated living cost  is ₽43040 per week

₽27926
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4048
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽548
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10517
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽57435
₽45207
₽61482
₽62489
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
165 000
social contributions

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

-
-
-
57 338
income
-
-
-
18 864
surtax
-
-
-
-
total
-
-
-
76 202
Employee
45 987
-
133 333
-
income
9 565
-
42 096
-
social contributions
5 059
-
14 667
-
surtax
-
-
-
-
total
14 624
-
56 763
-
Employer
45 987
-
133 333
-
social contributions
10 922
-
31 667
-
total
10 922
-
31 667
-
Corporate
108 091
165 000
-
-
surtax
-
-
-
-
income
22 699
34 650
-
-
total
22 699
34 650
-
-
Dividends
85 392
130 350
-
-
withholding
23 910
36 498
-
-
total
23 910
36 498
-
-
Income
165 000
165 000
165 000
165 000
Total tax
72 155
71 148
88 430
76 202
After tax
92 845
93 852
76 570
88 798
Living cost
31 363
31 363
31 363
31 363
Free-cash
61 482
62 489
45 207
57 435

Estimated living cost  is ₽31363 per week

₽23466
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1850
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽524
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5524
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽44871
₽43618
₽41740
₽34867
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
165 000
other
-
-
-
5 116
social contributions
-
-
-
4 700
health
-
-
-
6 630
income
-
-
-
24 909
surtax
-
-
-
-
pensions
-
-
-
30 481
total
-
-
-
71 836
Employee
62 625
-
128 474
-
income
5 464
-
24 295
-
pensions
7 083
-
8 613
-
social contributions
1 784
-
3 662
-
surtax
-
-
-
-
total
14 331
-
36 570
-
Employer
62 625
-
128 474
-
pensions
10 290
-
14 552
-
other
2 161
-
4 873
-
health
4 383
-
11 506
-
unemployment
2 537
-
5 203
-
social contributions
188
-
385
-
total
19 559
-
36 519
-
Corporate
82 816
165 000
-
-
surtax
-
-
-
-
income
23 189
46 200
-
-
total
23 189
46 200
-
-
Dividends
59 627
118 800
-
-
surtax
-
-
-
-
social contributions
10 256
20 434
-
-
withholding
7 632
15 206
-
-
total
17 888
35 640
-
-
Income
165 000
165 000
165 000
165 000
Total tax
74 967
81 840
73 089
71 836
After tax
90 033
83 160
91 911
93 164
Living cost
48 293
48 293
48 293
48 293
Free-cash
41 740
34 867
43 618
44 871

Estimated living cost  is ₽48293 per week

₽32684
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3951
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽662
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10996
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽91844
₽96232
₽115085
₽118444
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
165 000
social contributions
-
-
-
36 301
income
-
-
-
6 799
total
-
-
-
43 100
Employee
32 145
-
142 856
-
social contributions
2 089
-
9 286
-
income
-
-
7 284
-
total
2 089
-
16 570
-
Employer
32 145
-
142 856
-
social contributions
4 983
-
22 142
-
total
4 983
-
22 142
-
Corporate
127 872
165 000
-
-
income
12 787
16 500
-
-
total
12 787
16 500
-
-
Dividends
115 085
148 500
-
-
total
-
-
-
-
Income
165 000
165 000
165 000
165 000
Total tax
19 859
16 500
38 712
43 100
After tax
145 141
148 500
126 288
121 900
Living cost
30 056
30 056
30 056
30 056
Free-cash
115 085
118 444
96 232
91 844

Estimated living cost  is ₽30056 per week

₽19434
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2266
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.
₽7791
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽49789
-₽52924
-₽52924
-₽52924
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
165 000
municipal
-
-
-
34 038
national
-
-
-
19 005
labour market
-
-
-
13 131
pensions
-
-
-
867
total
-
-
-
67 041
Employee
203 314
203 314
203 314
-
labour market
16 242
16 242
16 242
-
pensions
289
289
289
-
national
24 839
24 839
24 839
-
municipal
43 295
43 295
43 295
-
total
84 665
84 665
84 665
-
Employer
203 314
203 314
203 314
-
pensions
578
578
578
-
municipal
43 364
43 364
43 364
-
national
24 882
24 882
24 882
-
labour market
16 265
16 265
16 265
-
total
85 089
85 089
85 089
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
165 000
165 000
165 000
165 000
Total tax
169 754
169 754
169 754
67 041
After tax
-4 754
-4 754
-4 754
97 959
Living cost
48 170
48 170
48 170
48 170
Free-cash
-52 924
-52 924
-52 924
49 789

Estimated living cost  is ₽48170 per week

₽32968
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4261
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽741
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10200
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽91241
₽67668
₽10054
-₽8226
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
165 000
other
-
-
-
369
accident
-
-
-
252
health
-
-
-
2 172
income
-
-
-
45 230
pensions
-
-
-
4 145
total
-
-
-
52 168
Employee
33 964
-
147 931
-
income
4 659
-
34 136
-
pensions
3 825
-
7 599
-
health
3 889
-
16 938
-
total
12 373
-
58 673
-
Employer
33 964
-
147 931
-
pensions
5 522
-
10 974
-
accident
567
-
2 470
-
unemployment
832
-
3 624
-
total
6 921
-
17 068
-
Corporate
124 115
165 000
-
-
income

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

111 703
148 500
-
-
total
111 703
148 500
-
-
Dividends
12 411
16 500
-
-
withholding
2 358
3 135
-
-
total
2 358
3 135
-
-
Income
165 000
165 000
165 000
165 000
Total tax
133 355
151 635
75 741
52 168
After tax
31 645
13 365
89 259
112 832
Living cost
21 591
21 591
21 591
21 591
Free-cash
10 054
-8 226
67 668
91 241

Estimated living cost  is ₽21591 per week

₽15716
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1231
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽405
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4239
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽69653
₽48878
₽67944
₽65696
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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

-
-
-
165 000
municipal
-
-
-
29 318
health
-
-
-
2 123
national
-
-
-
25 518
total
-
-
-
56 959
Employee
52 606
-
138 807
-
pensions
3 550
-
9 370
-
national
869
-
15 756
-
municipal
8 616
-
22 614
-
unemployment
789
-
2 082
-
health
393
-
1 721
-
total
14 217
-
51 543
-
Employer
52 606
-
138 807
-
pensions
9 127
-
24 083
-
accident
53
-
139
-
health
404
-
1 068
-
unemployment
342
-
901
-
total
9 926
-
26 191
-
Corporate
102 468
165 000
-
-
income
20 493
33 001
-
-
total
20 493
33 001
-
-
Dividends

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

61 482
98 999
-
-
municipal
11 066
17 819
-
-
national
2 966
10 096
-
-
total
14 032
27 915
-
-
Income
165 000
165 000
165 000
165 000
Total tax
58 668
60 916
77 734
56 959
After tax
106 332
104 084
87 266
108 041
Living cost
38 388
38 388
38 388
38 388
Free-cash
67 944
65 696
48 878
69 653

Estimated living cost  is ₽38388 per week

₽25075
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3692
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽611
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9011
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽90185
₽88703
₽91813
₽97255
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
165 000
social contributions
-
-
-
16 178
health
-
-
-
4 207
income
-
-
-
31 280
total
-
-
-
51 665
Employee
76 887
76 887
153 553
-
income
8 372
7 117
30 481
-
social contributions
2 907
6 381
8 607
-
health
596
1 307
2 611
-
total
11 875
14 805
41 699
-
Employer
76 887
76 887
153 553
-
health
647
1 423
2 841
-
social contributions
2 907
6 381
8 607
-
total
3 554
7 804
11 448
-
Corporate
126 421
80 309
-
-
income
15 802
10 040
-
-
total
15 802
10 040
-
-
Dividends
110 619
70 270
-
-
withholding
18 806
11 946
-
-
total
18 806
11 946
-
-
Income
165 000
165 000
165 000
165 000
Total tax
50 037
44 595
53 147
51 665
After tax
114 963
120 405
111 853
113 335
Living cost
23 150
23 150
23 150
23 150
Free-cash
91 813
97 255
88 703
90 185

Estimated living cost  is ₽23150 per week

₽13874
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2271
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽512
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6493
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽122423
₽102366
₽115673
₽120761
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
165 000
unemployment
-
-
-
28
health
-
-
-
3 618
income
-
-
-
16 696
pensions
-
-
-
6 360
total
-
-
-
26 702
Employee

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

22 951
-
155 228
-
income
1 569
-
14 218
-
pensions
3 442
-
14 231
-
unemployment
114
-
474
-
health
1 951
-
8 064
-
total
7 076
-
36 987
-
Employer

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

22 951
-
155 228
-
pensions
1 262
-
5 218
-
health
987
-
4 080
-
unemployment
114
-
474
-
total
2 363
-
9 772
-
Corporate
139 687
165 000
-
-
income
12 573
14 850
-
-
total
12 573
14 850
-
-
Dividends
127 114
150 150
-
-
withholding
11 440
13 514
-
-
total
11 440
13 514
-
-
Income
165 000
165 000
165 000
165 000
Total tax
33 452
28 364
46 759
26 702
After tax
131 548
136 636
118 241
138 298
Living cost
15 875
15 875
15 875
15 875
Free-cash
115 673
120 761
102 366
122 423

Estimated living cost  is ₽15875 per week

₽10129
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1144
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽472
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4129
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽65226
₽61031
₽78205
₽82621
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
165 000
other
-
-
-
93
unemployment
-
-
-
649
accident
-
-
-
835
income
-
-
-
44 474
pensions
-
-
-
26 227
total
-
-
-
72 278
Employee
36 972
-
135 454
-
income
7 128
-
41 041
-
pensions
1 738
-
4 357
-
unemployment
573
-
1 436
-
other
36
-
93
-
total
9 475
-
46 927
-
Employer
36 972
-
135 454
-
pensions
8 725
-
21 872
-
other
296
-
742
-
accident
732
-
1 835
-
unemployment
2 034
-
5 097
-
total
11 787
-
29 546
-
Corporate
116 241
165 000
-
-
income

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

17 436
24 751
-
-
total
17 436
24 751
-
-
Dividends
98 805
140 249
-
-
withholding
20 601
30 132
-
-
total
20 601
30 132
-
-
Income
165 000
165 000
165 000
165 000
Total tax
59 299
54 883
76 473
72 278
After tax
105 701
110 117
88 527
92 722
Living cost
27 496
27 496
27 496
27 496
Free-cash
78 205
82 621
61 031
65 226

Estimated living cost  is ₽27496 per week

₽18559
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2643
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽482
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5812
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽102904
₽102708
₽99772
₽100222
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
165 000
health
-
-
-
1 448
income
-
-
-
55 913
pensions
-
-
-
1 997
total
-
-
-
59 358
Employee
4 171
-
162 753
-
income
807
-
55 808
-
pensions
375
-
899
-
unemployment
42
-
100
-
health
209
-
499
-
total
1 433
-
57 306
-
Employer
4 171
-
162 753
-
pensions
459
-
1 099
-
health
396
-
949
-
unemployment
83
-
200
-
total
938
-
2 248
-
Corporate
159 891
165 000
-
-
income
35 176
36 300
-
-
total
35 176
36 300
-
-
Dividends
124 715
128 700
-
-
withholding
24 943
25 740
-
-
total
24 943
25 740
-
-
Income
165 000
165 000
165 000
165 000
Total tax
62 490
62 040
59 554
59 358
After tax
102 510
102 960
105 446
105 642
Living cost
2 738
2 738
2 738
2 738
Free-cash
99 772
100 222
102 708
102 904

Estimated living cost  is ₽2738 per week

₽1627
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽222
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽63
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽826
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details

Source of data for Istanbul model

Close
Belgrade , Serbia
₽82700
₽82700
₽96999
₽101919
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
165 000
unemployment
-
-
-
1 108
health
-
-
-
7 612
income
-
-
-
37 073
pensions
-
-
-
19 214
total
-
-
-
65 007
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.

26 076
-
151 772
-
income
3 594
-
37 073
-
pensions
3 651
-
10 346
-
unemployment
196
-
554
-
health
1 343
-
3 806
-
total
8 784
-
51 779
-
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.

26 076
-
151 772
-
pensions
3 129
-
8 868
-
health
1 343
-
3 806
-
unemployment
196
-
554
-
total
4 668
-
13 228
-
Corporate
134 256
165 000
-
-
income
20 138
24 750
-
-
total
20 138
24 750
-
-
Dividends
114 118
140 250
-
-
withholding
17 118
21 038
-
-
total
17 118
21 038
-
-
Income
165 000
165 000
165 000
165 000
Total tax
50 708
45 788
65 007
65 007
After tax
114 292
119 212
99 993
99 993
Living cost
17 293
17 293
17 293
17 293
Free-cash
96 999
101 919
82 700
82 700

Estimated living cost  is ₽17293 per week

₽11643
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1338
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.
₽3811
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽61842
₽49614
₽66535
₽66896
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
165 000
social contributions

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

-
-
-
57 338
income
-
-
-
18 864
surtax
-
-
-
-
total
-
-
-
76 202
Employee
38 808
-
133 333
-
income
7 583
-
42 096
-
social contributions
4 269
-
14 667
-
surtax
-
-
-
-
total
11 852
-
56 763
-
Employer
38 808
-
133 333
-
social contributions
9 216
-
31 667
-
total
9 216
-
31 667
-
Corporate
116 976
165 000
-
-
surtax
-
-
-
-
income
24 565
34 650
-
-
total
24 565
34 650
-
-
Dividends
92 411
130 350
-
-
withholding
25 876
36 498
-
-
total
25 876
36 498
-
-
Income
165 000
165 000
165 000
165 000
Total tax
71 509
71 148
88 430
76 202
After tax
93 491
93 852
76 570
88 798
Living cost
26 956
26 956
26 956
26 956
Free-cash
66 535
66 896
49 614
61 842

Estimated living cost  is ₽26956 per week

₽19092
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1873
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽478
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5514
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽57582
₽53387
₽68261
₽74977
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
165 000
other
-
-
-
93
unemployment
-
-
-
649
accident
-
-
-
835
income
-
-
-
44 474
pensions
-
-
-
26 227
total
-
-
-
72 278
Employee
48 290
-
135 454
-
income
10 086
-
41 041
-
pensions
2 269
-
4 357
-
unemployment
748
-
1 436
-
other
47
-
93
-
total
13 150
-
46 927
-
Employer
48 290
-
135 454
-
pensions
11 396
-
21 872
-
other
387
-
742
-
accident
956
-
1 835
-
unemployment
2 656
-
5 097
-
total
15 395
-
29 546
-
Corporate
101 314
165 000
-
-
income

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

15 197
24 751
-
-
total
15 197
24 751
-
-
Dividends
86 117
140 249
-
-
withholding
17 857
30 132
-
-
total
17 857
30 132
-
-
Income
165 000
165 000
165 000
165 000
Total tax
61 599
54 883
76 473
72 278
After tax
103 401
110 117
88 527
92 722
Living cost
35 140
35 140
35 140
35 140
Free-cash
68 261
74 977
53 387
57 582

Estimated living cost  is ₽35140 per week

₽25236
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2732
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽495
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6677
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽113729
₽120081
₽117786
₽123878
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
165 000
unemployment
-
-
-
140
health
-
-
-
4 016
income
-
-
-
24 750
pensions

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

-
-
-
5 168
total
-
-
-
34 074
Employee
22 772
-
158 149
-
income
2 278
-
15 815
-
pensions

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

1 999
-
3 066
-
health
1 048
-
1 606
-
accident

We are using the highest rate at 1.1%.

250
-
384
-
total
5 575
-
20 871
-
Employer
22 772
-
158 149
-
pensions

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

2 509
-
3 848
-
accident

We are using the highest rate at 1.1%.

250
-
384
-
health
1 571
-
2 409
-
unemployment
137
-
210
-
total
4 467
-
6 851
-
Corporate
137 760
165 000
-
-
income
13 776
16 500
-
-
total
13 776
16 500
-
-
Dividends
123 984
148 500
-
-
withholding
6 199
7 425
-
-
total
6 199
7 425
-
-
Income
165 000
165 000
165 000
165 000
Total tax
30 017
23 925
27 722
34 074
After tax
134 983
141 075
137 278
130 926
Living cost
17 197
17 197
17 197
17 197
Free-cash
117 786
123 878
120 081
113 729

Estimated living cost  is ₽17197 per week

₽11374
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽985
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽410
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4429
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽50052
₽67059
₽59411
₽46332
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
165 000
trade
-
-
-
17 007
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.

-
-
-
6 831
income

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

-
-
-
49 769
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.

-
-
-
2 738
total
-
-
-
76 345
Employee

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

49 751
-
165 000
-
surtax

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

226
-
2 738
-
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.

4 091
-
49 769
-
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.

6 831
-
6 831
-
total
11 148
-
59 338
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
115 249
165 000
-
-
trade
16 538
23 677
-
-
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.

951
1 360
-
-
income
17 288
24 751
-
-
chamber of commerce
321
395
-
-
total
35 098
50 183
-
-
Dividends
80 152
114 817
-
-
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.

1 082
1 558
-
-
withholding
19 658
28 324
-
-
total
20 740
29 882
-
-
Income
165 000
165 000
165 000
165 000
Total tax
66 986
80 065
59 338
76 345
After tax
98 014
84 935
105 662
88 655
Living cost
38 603
38 603
38 603
38 603
Free-cash
59 411
46 332
67 059
50 052

Estimated living cost  is ₽38603 per week

₽26629
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4154
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽560
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7260
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽31298
₽31298
₽60750
₽58540
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
165 000
social contributions
-
-
-
27 271
income
-
-
-
49 473
total
-
-
-
76 744
Employee
78 213
-
165 000
-
social contributions
6 498
-
27 271
-
income
14 759
-
49 473
-
total
21 257
-
76 744
-
Employer
78 213
-
165 000
-
total
-
-
-
-
Corporate
86 787
165 000
-
-
income
10 848
20 626
-
-
total
10 848
20 626
-
-
Dividends
75 939
144 374
-
-
withholding
15 187
28 876
-
-
total
15 187
28 876
-
-
Income
165 000
165 000
165 000
165 000
Total tax
47 292
49 502
76 744
76 744
After tax
117 708
115 498
88 256
88 256
Living cost
56 958
56 958
56 958
56 958
Free-cash
60 750
58 540
31 298
31 298

Estimated living cost  is ₽56958 per week

₽43333
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4641
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽545
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8440
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽93567
₽81703
₽69164
₽65671
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
165 000
health

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

-
-
-
6 675
income
-
-
-
28 462
total
-
-
-
35 137
Employee
45 869
-
160 401
-
social contributions
4 596
-
4 599
-
income
4 977
-
37 803
-
total
9 573
-
42 402
-
Employer
45 869
-
160 401
-
social contributions
4 596
-
4 599
-
total
4 596
-
4 599
-
Corporate
114 535
165 000
-
-
income
40 088
57 750
-
-
total
40 088
57 750
-
-
Dividends
74 447
107 250
-
-
social contributions
5 283
5 283
-
-
total
5 283
5 283
-
-
Income
165 000
165 000
165 000
165 000
Total tax
59 540
63 033
47 001
35 137
After tax
105 460
101 967
117 999
129 863
Living cost
36 296
36 296
36 296
36 296
Free-cash
69 164
65 671
81 703
93 567

Estimated living cost  is ₽36296 per week

₽23908
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2861
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽556
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8969
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽72974
₽57972
₽77918
₽71962
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
165 000
income
-
-
-
45 870
pensions
-
-
-
8 804
total
-
-
-
54 674
Employee
51 271
-
144 249
-
income
9 337
-
35 866
-
pensions
3 913
-
10 919
-
health
669
-
2 140
-
total
13 919
-
48 925
-
Employer
51 271
-
144 249
-
pensions
5 180
-
18 009
-
health
974
-
2 742
-
total
6 154
-
20 751
-
Corporate
107 574
165 000
-
-
income

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

20 439
31 350
-
-
total
20 439
31 350
-
-
Dividends
87 135
133 650
-
-
withholding
9 218
24 336
-
-
total
9 218
24 336
-
-
Income
165 000
165 000
165 000
165 000
Total tax
49 730
55 686
69 676
54 674
After tax
115 270
109 314
95 324
110 326
Living cost
37 352
37 352
37 352
37 352
Free-cash
77 918
71 962
57 972
72 974

Estimated living cost  is ₽37352 per week

₽25623
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3435
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽467
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7824
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽89104
₽65531
₽9726
-₽10363
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
165 000
other
-
-
-
369
accident
-
-
-
252
health
-
-
-
2 172
income
-
-
-
45 230
pensions
-
-
-
4 145
total
-
-
-
52 168
Employee
37 325
-
147 931
-
income
5 121
-
34 136
-
pensions
4 203
-
7 599
-
health
4 274
-
16 938
-
total
13 598
-
58 673
-
Employer
37 325
-
147 931
-
pensions
6 069
-
10 974
-
accident
623
-
2 470
-
unemployment
914
-
3 624
-
total
7 606
-
17 068
-
Corporate
120 068
165 000
-
-
income

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

108 061
148 500
-
-
total
108 061
148 500
-
-
Dividends
12 007
16 500
-
-
withholding
2 281
3 135
-
-
total
2 281
3 135
-
-
Income
165 000
165 000
165 000
165 000
Total tax
131 546
151 635
75 741
52 168
After tax
33 454
13 365
89 259
112 832
Living cost
23 728
23 728
23 728
23 728
Free-cash
9 726
-10 363
65 531
89 104

Estimated living cost  is ₽23728 per week

₽17414
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1383
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽478
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4454
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽80505
₽102483
₽120670
₽125346
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
165 000
work injury
-
-
-
799
unemployment
-
-
-
1 918
income
-
-
-
27 037
health insurance
-
-
-
11 829
pensions
-
-
-
29 411
total
-
-
-
70 994
Employee

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

21 601
-
165 000
-
income
2 160
-
27 037
-
work injury
108
-
400
-
pensions
3 975
-
14 706
-
unemployment
259
-
959
-
health insurance
1 598
-
5 914
-
total
8 100
-
49 016
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
143 399
165 000
-
-
income

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

1 434
1 650
-
-
total
1 434
1 650
-
-
Dividends
141 965
163 350
-
-
withholding
21 295
24 503
-
-
total
21 295
24 503
-
-
Income
165 000
165 000
165 000
165 000
Total tax
30 829
26 153
49 016
70 994
After tax
134 171
138 847
115 984
94 006
Living cost
13 501
13 501
13 501
13 501
Free-cash
120 670
125 346
102 483
80 505

Estimated living cost  is ₽13501 per week

₽8364
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽981
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽421
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3735
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽37722
₽30477
₽42528
₽47079
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
165 000
social contributions
-
-
-
42 439
municipal
-
-
-
1 102
national
-
-
-
40 137
regional
-
-
-
3 767
total
-
-
-
87 445
Employee
84 257
-
165 000
-
national
14 239
-
34 726
-
social contributions
28 411
-
55 638
-
municipal
503
-
985
-
regional
1 272
-
3 341
-
total
44 425
-
94 690
-
Employer
84 257
-
165 000
-
total
-
-
-
-
Corporate
80 743
165 000
-
-
nationa
19 379
39 600
-
-
municipal
3 892
7 952
-
-
total
23 271
47 552
-
-
Dividends
57 473
117 447
-
-
withholding
14 943
30 536
-
-
total
14 943
30 536
-
-
Income
165 000
165 000
165 000
165 000
Total tax
82 639
78 088
94 690
87 445
After tax
82 361
86 912
70 310
77 555
Living cost
39 833
39 833
39 833
39 833
Free-cash
42 528
47 079
30 477
37 722

Estimated living cost  is ₽39833 per week

₽27980
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2740
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.
₽8510
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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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