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
₽ 165500
per

Your estimated
City
free-cash

Dresden , Germany
₽52927
₽64091
₽56827
₽75504
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
165 500
trade
-
-
-
18 677
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.

-
-
-
49 799
health

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

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

-
-
-
6 894
surtax

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

-
-
-
2 738
total
-
-
-
78 108
Employee

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

38 597
-
165 500
-
health

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

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

6 894
-
6 894
-
surtax

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

59
-
2 738
-
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.

1 078
-
49 799
-
total
8 031
-
59 431
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
126 903
165 500
-
-
surtax

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

1 047
1 365
-
-
income
19 035
24 826
-
-
trade
19 987
26 067
-
-
chamber of commerce
335
391
-
-
total
40 404
52 649
-
-
Dividends
86 499
112 851
-
-
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.

1 168
1 530
-
-
withholding
21 241
27 829
-
-
total
22 409
29 359
-
-
Income
165 500
165 500
165 500
165 500
Total tax
70 844
82 008
59 431
78 108
After tax
94 656
83 492
106 069
87 392
Living cost
30 565
30 565
30 565
30 565
Free-cash
64 091
52 927
75 504
56 827

Estimated living cost  is ₽30565 per week

₽19226
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3564
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽571
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7204
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽52282
₽51433
₽46857
₽48156
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
165 500
municipal
-
-
-
18 048
pensions
-
-
-
19 860
national
-
-
-
27 966
social contributions
-
-
-
1 779
total
-
-
-
67 653
Employee
79 044
-
143 073
-
municipal
9 763
-
18 688
-
pensions
3 162
-
5 723
-
national
15 129
-
28 959
-
total
28 054
-
53 370
-
Employer
79 044
-
143 073
-
social contributions
850
-
1 538
-
pensions
6 324
-
11 446
-
total
7 174
-
12 984
-
Corporate
74 066
165 500
-
-
income

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

14 813
33 100
-
-
total
14 813
33 100
-
-
Dividends
59 253
132 400
-
-
withholding
13 036
29 128
-
-
total
13 036
29 128
-
-
Income
165 500
165 500
165 500
165 500
Total tax
63 077
62 228
66 354
67 653
After tax
102 423
103 272
99 146
97 847
Living cost
50 990
50 990
50 990
50 990
Free-cash
51 433
52 282
48 156
46 857

Estimated living cost  is ₽50990 per week

₽34657
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4740
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽763
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10830
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

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

Source of data for Reykjavik model

Close
Riga , Latvia
₽111405
₽103129
₽35065
₽46844
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
165 500
microenterprise
-
-
-
-
income
-
-
-
28 575
surtax
-
-
-
42 202
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.

-
-
-
38 664
total
-
-
-
109 441
Employee
29 487
-
122 999
-
social contributions

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

3 244
-
13 229
-
surtax
-
-
17 834
-
income
5 249
-
24 098
-
total
8 493
-
55 161
-
Employer
29 487
-
122 999
-
social contributions

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

7 103
-
28 972
-
surtax
-
-
13 529
-
total
7 103
-
42 501
-
Corporate
128 910
165 500
-
-
income

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

25 781
33 101
-
-
total
25 781
33 101
-
-
Dividends

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

103 129
132 399
-
-
total
-
-
-
-
Income
165 500
165 500
165 500
165 500
Total tax
41 377
33 101
97 662
109 441
After tax
124 123
132 399
67 838
56 059
Living cost
20 994
20 994
20 994
20 994
Free-cash
103 129
111 405
46 844
35 065

Estimated living cost  is ₽20994 per week

₽13393
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1999
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽477
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5125
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Riga model

Close
Rotterdam , Netherlands
₽39483
₽33303
₽49948
₽59796
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
165 500
income
-
-
-
49 012
pensions
-
-
-
11 823
health
-
-
-
12 444
total
-
-
-
73 279
Employee
86 174
86 174
146 747
-
health
13 227
11 251
12 444
-
income

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

14 105
14 105
20 410
-
pensions
15 511
11 823
11 823
-
total
42 843
37 179
44 677
-
Employer
86 174
86 174
146 747
-
unemployment
3 102
3 102
3 855
-
pensions
5 998
5 998
7 455
-
health
5 990
5 990
7 444
-
total
15 090
15 090
18 754
-
Corporate
65 293
64 235
-
-
income
13 058
12 848
-
-
total
13 058
12 848
-
-
Dividends
52 234
51 388
-
-
income
11 099
10 919
-
-
withholding
7 834
7 708
-
-
total
18 933
18 627
-
-
Income
165 500
165 500
165 500
165 500
Total tax
89 924
83 744
63 431
73 279
After tax
75 576
81 756
102 069
92 221
Living cost
42 273
42 273
42 273
42 273
Free-cash
33 303
39 483
59 796
49 948

Estimated living cost  is ₽42273 per week

₽29958
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3811
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽672
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7832
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽51374
₽50498
₽46404
₽45457
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
165 500
municipal
-
-
-
41 970
accident
-
-
-
171
pensions
-
-
-
9 237
other
-
-
-
9 929
unemployment
-
-
-
85
health
-
-
-
5 332
national
-
-
-
13 383
total
-
-
-
80 107
Employee
55 556
-
138 651
-
municipal
16 567
-
41 346
-
national
-
-
12 860
-
total
16 567
-
54 206
-
Employer
55 556
-
138 651
-
accident
111
-
171
-
other
6 456
-
9 929
-
unemployment
1 467
-
2 256
-
pensions
6 006
-
9 237
-
health
3 417
-
5 255
-
total
17 457
-
26 848
-
Corporate
92 488
165 500
-
-
income
20 347
36 410
-
-
total
20 347
36 410
-
-
Dividends
72 141
129 090
-
-
withholding
21 642
38 727
-
-
total
21 642
38 727
-
-
Income
165 500
165 500
165 500
165 500
Total tax
76 013
75 137
81 054
80 107
After tax
89 487
90 363
84 446
85 393
Living cost
38 989
38 989
38 989
38 989
Free-cash
50 498
51 374
45 457
46 404

Estimated living cost  is ₽38989 per week

₽25841
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3826
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽592
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8731
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Stockholm model

Close
Hamburg , Germany
₽42999
₽57177
₽46921
₽66427
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
165 500
trade
-
-
-
19 506
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.

-
-
-
49 799
health

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

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

-
-
-
6 894
surtax

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

-
-
-
2 738
total
-
-
-
78 937
Employee

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

51 174
-
165 500
-
health

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

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

6 894
-
6 894
-
surtax

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

241
-
2 738
-
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.

4 397
-
49 799
-
total
11 532
-
59 431
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
114 326
165 500
-
-
surtax

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

944
1 365
-
-
income
17 149
24 826
-
-
trade
18 807
27 225
-
-
chamber of commerce
316
389
-
-
total
37 216
53 805
-
-
Dividends
77 110
111 695
-
-
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
1 515
-
-
withholding
18 893
27 539
-
-
total
19 933
29 054
-
-
Income
165 500
165 500
165 500
165 500
Total tax
68 681
82 859
59 431
78 937
After tax
96 819
82 641
106 069
86 563
Living cost
39 642
39 642
39 642
39 642
Free-cash
57 177
42 999
66 427
46 921

Estimated living cost  is ₽39642 per week

₽26513
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4180
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽592
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8357
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

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

Source of data for Hamburg model

Close
Limassol , Cyprus
₽88043
₽83857
₽81001
₽79513
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
165 500
income
-
-
-
31 220
health
-
-
-
4 221
social contributions
-
-
-
16 327
total
-
-
-
51 768
Employee
77 596
77 596
153 966
-
social contributions
3 771
6 440
8 686
-
health
772
1 319
2 618
-
income
8 148
7 183
30 418
-
total
12 691
14 942
41 722
-
Employer
77 596
77 596
153 966
-
social contributions
3 771
6 440
8 686
-
health
841
1 436
2 848
-
total
4 612
7 876
11 534
-
Corporate
115 467
80 027
-
-
income
14 433
10 004
-
-
total
14 433
10 004
-
-
Dividends
101 034
70 024
-
-
withholding
17 176
11 904
-
-
total
17 176
11 904
-
-
Income
165 500
165 500
165 500
165 500
Total tax
48 912
44 726
53 256
51 768
After tax
116 588
120 774
112 244
113 732
Living cost
32 731
32 731
32 731
32 731
Free-cash
83 857
88 043
79 513
81 001

Estimated living cost  is ₽32731 per week

₽22375
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2557
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽550
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7250
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽74660
₽75040
₽96316
₽77607
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
165 500
income
-
-
-
20 232
pensions
-
-
-
16 550
unemployment
-
-
-
2 482
health
-
-
-
11 585
total
-
-
-
50 849
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.

26 467
10 533
138 494
-
health
1 853
737
9 695
-
income
3 236
1 288
16 931
-
pensions
2 647
1 053
13 849
-
unemployment
397
158
2 077
-
total
8 133
3 236
42 552
-
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.

26 467
10 533
138 494
-
pensions
5 161
2 054
27 006
-
total
5 161
2 054
27 006
-
Corporate
133 872
152 913
-
-
income
12 049
13 762
-
-
total
12 049
13 762
-
-
Dividends
121 824
139 151
-
-
social contributions
23 635
27 014
-
-
withholding
23 147
26 439
-
-
total
46 782
53 453
-
-
Income
165 500
165 500
165 500
165 500
Total tax
72 125
72 505
69 558
50 849
After tax
93 375
92 995
95 942
114 651
Living cost
18 335
18 335
18 335
18 335
Free-cash
75 040
74 660
77 607
96 316

Estimated living cost  is ₽18335 per week

₽12512
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1500
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽366
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3956
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽108025
₽101756
₽64333
₽71019
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
165 500
income
-
-
-
22 177
pensions
-
-
-
33 101
health
-
-
-
21 515
total
-
-
-
76 793
Employee
28 627
-
123 690
-
income
3 223
-
23 847
-
pensions
573
-
2 474
-
unemployment
458
-
1 978
-
total
4 254
-
28 299
-
Employer
28 627
-
123 690
-
unemployment
230
-
990
-
pensions
5 726
-
24 738
-
health
3 721
-
16 080
-
total
9 677
-
41 808
-
Corporate
127 197
165 500
-
-
income
25 439
33 101
-
-
total
25 439
33 101
-
-
Dividends
101 758
132 399
-
-
total
-
-
-
-
Income
165 500
165 500
165 500
165 500
Total tax
39 370
33 101
70 107
76 793
After tax
126 130
132 399
95 393
88 707
Living cost
24 374
24 374
24 374
24 374
Free-cash
101 756
108 025
71 019
64 333

Estimated living cost  is ₽24374 per week

₽16718
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1452
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽490
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5714
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽8666
₽10019
₽91106
₽67431
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
165 500
accident
-
-
-
253
income
-
-
-
45 336
pensions
-
-
-
4 174
other
-
-
-
372
health
-
-
-
2 188
total
-
-
-
52 323
Employee
34 719
-
148 336
-
health
3 975
-
16 985
-
income
4 763
-
34 195
-
pensions
3 909
-
7 654
-
total
12 647
-
58 834
-
Employer
34 719
-
148 336
-
accident
580
-
2 477
-
unemployment
851
-
3 634
-
pensions
5 646
-
11 053
-
total
7 077
-
17 164
-
Corporate
123 706
165 500
-
-
income

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

111 335
148 950
-
-
total
111 335
148 950
-
-
Dividends
12 371
16 550
-
-
withholding
2 351
3 145
-
-
total
2 351
3 145
-
-
Income
165 500
165 500
165 500
165 500
Total tax
133 410
152 095
75 998
52 323
After tax
32 090
13 405
89 502
113 177
Living cost
22 071
22 071
22 071
22 071
Free-cash
10 019
-8 666
67 431
91 106

Estimated living cost  is ₽22071 per week

₽16176
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1223
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽461
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4212
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽148146
₽146445
₽154766
₽123321
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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%.

-
-
-
165 500
microenterprise

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

-
-
-
1 655
total
-
-
-
1 655
Employee
11 349
-
165 500
-
income
2 269
-
33 100
-
total
2 269
-
33 100
-
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%.

154 151
165 500
-
-
total
-
-
-
-
Dividends
154 151
165 500
-
-
withholding
7 707
8 275
-
-
total
7 707
8 275
-
-
Income
165 500
165 500
165 500
165 500
Total tax
9 976
8 275
33 100
1 655
After tax
155 524
157 225
132 400
163 845
Living cost
9 079
9 079
9 079
9 079
Free-cash
146 445
148 146
123 321
154 766

Estimated living cost  is ₽9079 per week

₽5627
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽755
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽250
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2448
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

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

Source of data for Batumi model

Close
Bratislava , Slovakia
₽94704
₽87889
₽63355
₽67206
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
165 500
income
-
-
-
24 387
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.

-
-
-
36 829
other
-
-
-
7 288
health
-
-
-
6 752
total
-
-
-
75 256
Employee
36 640
-
132 189
-
health
513
-
1 850
-
income
6 308
-
25 670
-
pensions

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

2 564
-
9 253
-
unemployment
366
-
1 321
-
total
9 751
-
38 094
-
Employer
36 640
-
132 189
-
accident
293
-
1 057
-
other
1 833
-
6 611
-
unemployment
366
-
1 321
-
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.

6 229
-
22 472
-
health
513
-
1 850
-
total
9 234
-
33 311
-
Corporate
119 626
165 500
-
-
income
25 121
34 755
-
-
total
25 121
34 755
-
-
Dividends
94 505
130 745
-
-
withholding
6 616
9 152
-
-
total
6 616
9 152
-
-
Income
165 500
165 500
165 500
165 500
Total tax
50 722
43 907
71 405
75 256
After tax
114 778
121 593
94 095
90 244
Living cost
26 889
26 889
26 889
26 889
Free-cash
87 889
94 704
67 206
63 355

Estimated living cost  is ₽26889 per week

₽18999
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1815
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽433
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5642
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Bratislava model

Close
London , United Kingdom
₽42001
₽42369
₽42991
₽27942
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
165 500
income
-
-
-
45 933
pensions
-
-
-
8 854
total
-
-
-
54 787
Employee
95 816
-
144 691
-
health
1 579
-
2 148
-
income
17 272
-
35 897
-
pensions
9 244
-
10 984
-
total
28 095
-
49 029
-
Employer
95 816
-
144 691
-
pensions
11 313
-
18 057
-
health
1 820
-
2 750
-
total
13 133
-
20 807
-
Corporate
56 551
165 500
-
-
income

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

10 744
31 444
-
-
total
10 744
31 444
-
-
Dividends
45 806
134 056
-
-
withholding
3 437
24 333
-
-
total
3 437
24 333
-
-
Income
165 500
165 500
165 500
165 500
Total tax
55 409
55 777
69 836
54 787
After tax
110 091
109 723
95 664
110 713
Living cost
67 722
67 722
67 722
67 722
Free-cash
42 369
42 001
27 942
42 991

Estimated living cost  is ₽67722 per week

₽50745
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽7957
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽551
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8470
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details

Additional information

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

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

Source of data for London model

Close
Varna , Bulgaria
₽128264
₽123573
₽118019
₽124375
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
165 500
income
-
-
-
24 825
pensions

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

-
-
-
5 220
unemployment
-
-
-
141
health
-
-
-
4 056
total
-
-
-
34 242
Employee
17 531
-
158 580
-
health
806
-
1 622
-
accident

We are using the highest rate at 1.1%.

193
-
388
-
income
1 753
-
15 858
-
pensions

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

1 539
-
3 097
-
total
4 291
-
20 965
-
Employer
17 531
-
158 580
-
accident

We are using the highest rate at 1.1%.

193
-
388
-
unemployment
105
-
212
-
pensions

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

1 932
-
3 887
-
health
1 210
-
2 434
-
total
3 440
-
6 921
-
Corporate
144 529
165 500
-
-
income
14 453
16 550
-
-
total
14 453
16 550
-
-
Dividends
130 077
148 950
-
-
withholding
6 504
7 447
-
-
total
6 504
7 447
-
-
Income
165 500
165 500
165 500
165 500
Total tax
28 688
23 997
27 886
34 242
After tax
136 812
141 503
137 614
131 258
Living cost
13 239
13 239
13 239
13 239
Free-cash
123 573
128 264
124 375
118 019

Estimated living cost  is ₽13239 per week

₽7729
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽945
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽351
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4214
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Varna model

Close
Amsterdam , Netherlands
₽25799
₽28337
₽36264
₽46112
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
165 500
income
-
-
-
49 012
pensions
-
-
-
11 823
health
-
-
-
12 444
total
-
-
-
73 279
Employee
93 558
86 174
146 747
-
health
11 672
11 251
12 444
-
income

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

14 105
14 105
20 410
-
pensions
11 823
11 823
11 823
-
total
37 600
37 179
44 677
-
Employer
93 558
86 174
146 747
-
unemployment
3 368
3 102
3 855
-
pensions
6 511
5 998
7 455
-
health
6 501
5 990
7 444
-
total
16 380
15 090
18 754
-
Corporate
55 561
64 235
-
-
income
11 113
12 848
-
-
total
11 113
12 848
-
-
Dividends
44 449
51 388
-
-
income
9 445
10 919
-
-
withholding
6 668
7 708
-
-
total
16 113
18 627
-
-
Income
165 500
165 500
165 500
165 500
Total tax
81 206
83 744
63 431
73 279
After tax
84 294
81 756
102 069
92 221
Living cost
55 957
55 957
55 957
55 957
Free-cash
28 337
25 799
46 112
36 264

Estimated living cost  is ₽55957 per week

₽41278
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4998
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽642
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9041
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Amsterdam model

Close
Brno , Czech Republic
₽89780
₽81157
₽67959
₽60806
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
165 500
income
-
-
-
16 257
health
-
-
-
22 342
solidarity contribution
-
-
-
-
social contributions
-
-
-
34 775
total
-
-
-
73 374
Employee
35 540
-
124 520
-
social contributions
2 310
-
7 741
-
health
4 798
-
16 810
-
solidarity contribution
-
-
-
-
income
4 265
-
14 995
-
total
11 373
-
39 546
-
Employer
35 540
-
124 520
-
social contributions
8 885
-
29 774
-
health
3 199
-
11 207
-
total
12 084
-
40 981
-
Corporate
117 877
165 500
-
-
income
22 397
31 445
-
-
total
22 397
31 445
-
-
Dividends
95 480
134 055
-
-
withholding
14 322
20 108
-
-
total
14 322
20 108
-
-
Income
165 500
165 500
165 500
165 500
Total tax
60 176
51 553
80 527
73 374
After tax
105 324
113 947
84 973
92 126
Living cost
24 167
24 167
24 167
24 167
Free-cash
81 157
89 780
60 806
67 959

Estimated living cost  is ₽24167 per week

₽16787
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1719
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽475
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5186
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Brno model

Close
Milan , Italy
₽45718
₽40451
₽37233
₽29757
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
165 500
municipal
-
-
-
984
regional
-
-
-
1 940
national
-
-
-
40 196
social contributions
-
-
-
42 566
total
-
-
-
85 686
Employee
89 684
-
165 500
-
social contributions
30 241
-
55 807
-
regional
846
-
1 711
-
municipal
475
-
877
-
national
15 540
-
34 767
-
total
47 102
-
93 162
-
Employer
89 684
-
165 500
-
total
-
-
-
-
Corporate
75 816
165 500
-
-
nationa
18 196
39 721
-
-
municipal
2 957
6 455
-
-
total
21 153
46 176
-
-
Dividends
54 663
119 324
-
-
withholding
14 213
31 025
-
-
total
14 213
31 025
-
-
Income
165 500
165 500
165 500
165 500
Total tax
82 468
77 201
93 162
85 686
After tax
83 032
88 299
72 338
79 814
Living cost
42 581
42 581
42 581
42 581
Free-cash
40 451
45 718
29 757
37 233

Estimated living cost  is ₽42581 per week

₽29682
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2792
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽653
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9452
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽81832
₽78689
₽56210
₽49904
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
165 500
income
-
-
-
43 777
pensions
-
-
-
26 936
other
-
-
-
-
unemployment
-
-
-
230
health
-
-
-
9 562
surtax
-
-
-
6 517
total
-
-
-
87 022
Employee
33 371
-
137 151
-
other
-
-
-
-
health
852
-
3 434
-
surtax
109
-
5 446
-
income
5 594
-
37 741
-
pensions
2 225
-
8 983
-
unemployment
2 323
-
9 374
-
total
11 103
-
64 978
-
Employer
33 371
-
137 151
-
other
-
-
-
-
unemployment
1 057
-
4 269
-
pensions
4 449
-
17 953
-
health
1 519
-
6 128
-
total
7 025
-
28 350
-
Corporate
125 105
165 500
-
-
income
32 528
43 030
-
-
total
32 528
43 030
-
-
Dividends
92 577
122 470
-
-
withholding
13 887
18 370
-
-
total
13 887
18 370
-
-
Income
165 500
165 500
165 500
165 500
Total tax
64 543
61 400
93 328
87 022
After tax
100 957
104 100
72 172
78 478
Living cost
22 268
22 268
22 268
22 268
Free-cash
78 689
81 832
49 904
56 210

Estimated living cost  is ₽22268 per week

₽13616
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2055
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽513
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6084
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details

Source of data for Thessaloniki model

Close
Cambridge , United Kingdom
₽63457
₽69767
₽64447
₽49398
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
165 500
income
-
-
-
45 933
pensions
-
-
-
8 854
total
-
-
-
54 787
Employee
64 213
-
144 691
-
health
932
-
2 148
-
income
11 565
-
35 897
-
pensions
5 450
-
10 984
-
total
17 947
-
49 029
-
Employer
64 213
-
144 691
-
pensions
6 951
-
18 057
-
health
1 220
-
2 750
-
total
8 171
-
20 807
-
Corporate
93 116
165 500
-
-
income

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

17 691
31 444
-
-
total
17 691
31 444
-
-
Dividends
75 424
134 056
-
-
withholding
5 658
24 333
-
-
total
5 658
24 333
-
-
Income
165 500
165 500
165 500
165 500
Total tax
49 467
55 777
69 836
54 787
After tax
116 033
109 723
95 664
110 713
Living cost
46 266
46 266
46 266
46 266
Free-cash
69 767
63 457
49 398
64 447

Estimated living cost  is ₽46266 per week

₽34662
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3468
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽484
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7651
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽589
₽32045
₽58266
₽50399
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
165 500
city
-
-
-
1 745
pensions
-
-
-
15 226
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.

-
-
-
3 310
regional
-
-
-
7 896
health
-
-
-
372
national
-
-
-
2 419
total
-
-
-
30 968
Employee
89 251
-
148 133
-
city
958
-
1 591
-
regional
2 923
-
6 832
-
health
202
-
333
-
pensions
7 498
-
12 442
-
unemployment
-
-
-
-
national
422
-
1 900
-
total
12 003
-
23 098
-
Employer
89 251
-
148 133
-
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.

1 784
-
2 962
-
unemployment
-
-
-
-
pensions
7 498
-
12 442
-
health
202
-
333
-
total
9 484
-
15 737
-
Corporate
65 783
165 500
-
-
regional
13 913
35 004
-
-
national
5 592
14 068
-
-
total
19 505
49 072
-
-
Dividends
46 278
116 428
-
-
withholding
16 197
40 751
-
-
total
16 197
40 751
-
-
Income
165 500
165 500
165 500
165 500
Total tax
57 189
89 823
38 835
30 968
After tax
108 311
75 677
126 665
134 532
Living cost
76 266
76 266
76 266
76 266
Free-cash
32 045
-589
50 399
58 266

Estimated living cost  is ₽76266 per week

₽49595
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽6844
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽936
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽18891
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽35561
₽51927
₽39504
₽59841
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
165 500
trade
-
-
-
20 337
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.

-
-
-
49 799
health

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

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

-
-
-
6 894
surtax

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

-
-
-
2 738
total
-
-
-
79 768
Employee

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

60 646
-
165 500
-
health

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

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

6 894
-
6 894
-
surtax

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

393
-
2 738
-
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.

7 131
-
49 799
-
total
14 418
-
59 431
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
104 854
165 500
-
-
surtax

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

866
1 365
-
-
income
15 728
24 826
-
-
trade
17 982
28 384
-
-
chamber of commerce
301
387
-
-
total
34 877
54 962
-
-
Dividends
69 978
110 538
-
-
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.

940
1 499
-
-
withholding
17 110
27 250
-
-
total
18 050
28 749
-
-
Income
165 500
165 500
165 500
165 500
Total tax
67 345
83 711
59 431
79 768
After tax
98 155
81 789
106 069
85 732
Living cost
46 228
46 228
46 228
46 228
Free-cash
51 927
35 561
59 841
39 504

Estimated living cost  is ₽46228 per week

₽33763
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3698
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽601
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8167
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽48885
₽54847
₽58936
₽57784
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
165 500
income
-
-
-
24 898
pensions
-
-
-
30 678
other
-
-
-
5 130
health
-
-
-
6 616
surtax
-
-
-
-
social contributions
-
-
-
4 717
total
-
-
-
72 039
Employee
43 189
-
128 928
-
social contributions
1 231
-
3 675
-
surtax
-
-
-
-
income
2 549
-
24 327
-
pensions
4 883
-
8 616
-
total
8 663
-
36 618
-
Employer
43 189
-
128 928
-
other
1 490
-
4 880
-
social contributions
130
-
387
-
unemployment
1 748
-
5 222
-
pensions
7 095
-
14 568
-
health
3 024
-
11 516
-
total
13 487
-
36 573
-
Corporate
108 824
165 500
-
-
surtax
-
-
-
-
income
30 471
46 341
-
-
total
30 471
46 341
-
-
Dividends
78 353
119 159
-
-
surtax
-
-
-
-
social contributions
13 478
20 496
-
-
withholding
10 029
15 253
-
-
total
23 507
35 749
-
-
Income
165 500
165 500
165 500
165 500
Total tax
76 128
82 090
73 191
72 039
After tax
89 372
83 410
92 309
93 461
Living cost
34 525
34 525
34 525
34 525
Free-cash
54 847
48 885
57 784
58 936

Estimated living cost  is ₽34525 per week

₽21770
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2807
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽588
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9362
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽52305
₽57914
₽62356
₽61204
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
165 500
income
-
-
-
24 898
pensions
-
-
-
30 678
other
-
-
-
5 130
health
-
-
-
6 616
surtax
-
-
-
-
social contributions
-
-
-
4 717
total
-
-
-
72 039
Employee
38 552
-
128 928
-
social contributions
1 099
-
3 675
-
surtax
-
-
-
-
income
1 988
-
24 327
-
pensions
4 360
-
8 616
-
total
7 447
-
36 618
-
Employer
38 552
-
128 928
-
other
1 331
-
4 880
-
social contributions
115
-
387
-
unemployment
1 561
-
5 222
-
pensions
6 335
-
14 568
-
health
2 698
-
11 516
-
total
12 040
-
36 573
-
Corporate
114 909
165 500
-
-
surtax
-
-
-
-
income
32 174
46 341
-
-
total
32 174
46 341
-
-
Dividends
82 735
119 159
-
-
surtax
-
-
-
-
social contributions
14 230
20 496
-
-
withholding
10 590
15 253
-
-
total
24 820
35 749
-
-
Income
165 500
165 500
165 500
165 500
Total tax
76 481
82 090
73 191
72 039
After tax
89 019
83 410
92 309
93 461
Living cost
31 105
31 105
31 105
31 105
Free-cash
57 914
52 305
61 204
62 356

Estimated living cost  is ₽31105 per week

₽18039
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3160
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽590
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9316
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽79572
₽80094
₽84887
₽81835
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
165 500
income
-
-
-
24 826
health
-
-
-
11 551
social contributions
-
-
-
22 838
total
-
-
-
59 215
Employee
34 215
-
165 500
-
social contributions
4 722
-
22 838
-
health
2 388
-
11 551
-
income
5 707
-
27 878
-
total
12 817
-
62 267
-
Employer
34 215
-
165 500
-
total
-
-
-
-
Corporate
131 285
165 500
-
-
income

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

6 565
8 275
-
-
total
6 565
8 275
-
-
Dividends
124 720
157 225
-
-
health
8 706
10 975
-
-
social contributions
17 212
21 697
-
-
withholding
18 708
23 583
-
-
total
44 626
56 255
-
-
Income
165 500
165 500
165 500
165 500
Total tax
64 008
64 530
62 267
59 215
After tax
101 492
100 970
103 233
106 285
Living cost
21 398
21 398
21 398
21 398
Free-cash
80 094
79 572
81 835
84 887

Estimated living cost  is ₽21398 per week

₽14320
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1319
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽492
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5264
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽56132
₽54569
₽49350
₽8133
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
165 500
chamber of commerce
-
-
-
663
income
-
-
-
42 714
pensions
-
-
-
21 810
unemployment
-
-
-
6 189
health
-
-
-
9 018
surtax
-
-
-
199
total
-
-
-
80 593
Employee
50 431
40 215
130 456
-
other
504
402
1 180
-
health
1 951
1 557
4 561
-
income
5 741
2 966
33 759
-
pensions
5 165
4 117
12 072
-
unemployment
1 513
1 206
3 537
-
total
14 874
10 248
55 109
-
Employer
50 431
40 215
130 456
-
accident
655
523
1 532
-
other
2 396
1 909
6 090
-
chamber of commerce
201
161
521
-
unemployment
1 513
1 206
3 537
-
surtax
199
199
199
-
pensions
6 329
5 048
14 795
-
payroll
1 513
1 206
3 914
-
health
1 905
1 520
4 456
-
total
14 711
11 772
35 044
-
Corporate
100 358
113 512
126 626
-
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.

25 090
28 378
31 657
-
total
25 090
28 378
31 657
-
Dividends
75 268
85 134
-
-
withholding
20 699
23 413
-
-
total
20 699
23 413
-
-
Income
165 500
165 500
165 500
165 500
Total tax
75 374
73 811
121 810
80 593
After tax
90 126
91 689
43 690
84 907
Living cost
35 557
35 557
35 557
35 557
Free-cash
54 569
56 132
8 133
49 350

Estimated living cost  is ₽35557 per week

₽23715
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3033
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽584
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8225
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

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

Source of data for Vienna model

Close
Brussels , Belgium
₽55788
₽40654
₽34878
₽22159
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
165 500
national
-
-
-
60 249
communal

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

-
-
-
8 420
social contributions
-
-
-
25 159
total
-
-
-
93 828
Employee

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

72 183
-
128 186
-
communal

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

3 765
-
6 685
-
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.

3 391
-
6 025
-
pensions

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

5 414
-
9 613
-
unemployment

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

628
-
1 115
-
national
22 192
-
45 795
-
total
35 390
-
69 233
-
Employer

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

72 183
-
128 186
-
accident

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

938
-
1 666
-
unemployment

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

1 053
-
1 871
-
surtax
8 185
-
14 535
-
pensions

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

6 396
-
11 358
-
health

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

4 439
-
7 884
-
total
21 011
-
37 314
-
Corporate
72 306
165 500
-
-
surtax
289
663
-
-
income
14 462
33 101
-
-
total
14 751
33 764
-
-
Dividends
57 555
131 737
-
-
withholding

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

16 900
39 154
-
-
total
16 900
39 154
-
-
Income
165 500
165 500
165 500
165 500
Total tax
88 052
72 918
106 547
93 828
After tax
77 448
92 582
58 953
71 672
Living cost
36 794
36 794
36 794
36 794
Free-cash
40 654
55 788
22 159
34 878

Estimated living cost  is ₽36794 per week

₽23700
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3217
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽576
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9301
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽74020
₽66881
₽56571
₽52336
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
165 500
accident
-
-
-
843
income
-
-
-
44 425
pensions
-
-
-
26 469
other
-
-
-
94
unemployment
-
-
-
655
total
-
-
-
72 486
Employee
50 231
-
135 682
-
other
50
-
94
-
income
10 598
-
40 961
-
pensions
2 361
-
4 397
-
unemployment
779
-
1 450
-
total
13 788
-
46 902
-
Employer
50 231
-
135 682
-
accident
994
-
1 852
-
other
400
-
749
-
unemployment
2 763
-
5 144
-
pensions
11 854
-
22 074
-
total
16 011
-
29 819
-
Corporate
99 258
165 500
-
-
income

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

14 889
24 826
-
-
total
14 889
24 826
-
-
Dividends
84 368
140 674
-
-
withholding
17 488
30 211
-
-
total
17 488
30 211
-
-
Income
165 500
165 500
165 500
165 500
Total tax
62 176
55 037
76 721
72 486
After tax
103 324
110 463
88 779
93 014
Living cost
36 443
36 443
36 443
36 443
Free-cash
66 881
74 020
52 336
56 571

Estimated living cost  is ₽36443 per week

₽26837
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2585
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽525
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6496
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Barcelona model

Close
Luxembourg , Luxembourg
₽42721
₽30398
₽28356
₽34952
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
165 500
accident
-
-
-
1 396
income
-
-
-
25 810
pensions
-
-
-
24 807
health
-
-
-
11 628
surtax
-
-
-
8 204
communal
-
-
-
10 460
total
-
-
-
82 305
Employee
76 419
-
147 832
-
health
3 401
-
6 580
-
surtax
4 684
-
9 060
-
income
7 381
-
30 574
-
pensions
6 113
-
11 827
-
total
21 579
-
58 041
-
Employer
76 419
-
147 832
-
accident
687
-
1 331
-
pensions
6 113
-
11 827
-
health
2 331
-
4 510
-
total
9 131
-
17 668
-
Corporate
79 950
165 500
-
-
surtax
839
1 737
-
-
communal
5 396
11 172
-
-
income
11 992
24 826
-
-
total
18 227
37 735
-
-
Dividends
61 723
127 765
-
-
income
22 067
11 040
-
-
withholding
9 259
19 165
-
-
total
31 326
30 205
-
-
Income
165 500
165 500
165 500
165 500
Total tax
80 263
67 940
75 709
82 305
After tax
85 237
97 560
89 791
83 195
Living cost
54 839
54 839
54 839
54 839
Free-cash
30 398
42 721
34 952
28 356

Estimated living cost  is ₽54839 per week

₽41138
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3323
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽580
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9797
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽81434
₽78225
₽55812
₽49506
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
165 500
income
-
-
-
43 777
pensions
-
-
-
26 936
other
-
-
-
-
unemployment
-
-
-
230
health
-
-
-
9 562
surtax
-
-
-
6 517
total
-
-
-
87 022
Employee
33 983
-
137 151
-
other
-
-
-
-
health
867
-
3 434
-
surtax
121
-
5 446
-
income
5 697
-
37 741
-
pensions
2 267
-
8 983
-
unemployment
2 365
-
9 374
-
total
11 317
-
64 978
-
Employer
33 983
-
137 151
-
other
-
-
-
-
unemployment
1 078
-
4 269
-
pensions
4 531
-
17 953
-
health
1 545
-
6 128
-
total
7 154
-
28 350
-
Corporate
124 362
165 500
-
-
income
32 335
43 030
-
-
total
32 335
43 030
-
-
Dividends
92 028
122 470
-
-
withholding
13 803
18 370
-
-
total
13 803
18 370
-
-
Income
165 500
165 500
165 500
165 500
Total tax
64 609
61 400
93 328
87 022
After tax
100 891
104 100
72 172
78 478
Living cost
22 666
22 666
22 666
22 666
Free-cash
78 225
81 434
49 506
55 812

Estimated living cost  is ₽22666 per week

₽13684
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1971
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽527
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6486
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details

Source of data for Athens model

Close
Naples , Italy
₽59806
₽57569
₽52075
₽44640
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
165 500
municipal
-
-
-
984
regional
-
-
-
2 496
national
-
-
-
40 196
social contributions
-
-
-
42 566
total
-
-
-
86 242
Employee
55 977
-
165 500
-
social contributions
18 876
-
55 807
-
regional
754
-
2 226
-
municipal
297
-
877
-
national
8 868
-
34 767
-
total
28 795
-
93 677
-
Employer
55 977
-
165 500
-
total
-
-
-
-
Corporate
109 523
165 500
-
-
nationa
26 285
39 721
-
-
municipal
5 442
8 225
-
-
total
31 727
47 946
-
-
Dividends
77 795
117 554
-
-
withholding
20 226
30 565
-
-
total
20 226
30 565
-
-
Income
165 500
165 500
165 500
165 500
Total tax
80 748
78 511
93 677
86 242
After tax
84 752
86 989
71 823
79 258
Living cost
27 183
27 183
27 183
27 183
Free-cash
57 569
59 806
44 640
52 075

Estimated living cost  is ₽27183 per week

₽16906
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2754
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽465
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7059
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Naples model

Close
Prague , Czech Republic
₽84167
₽73543
₽62346
₽55193
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
165 500
income
-
-
-
16 257
health
-
-
-
22 342
solidarity contribution
-
-
-
-
social contributions
-
-
-
34 775
total
-
-
-
73 374
Employee
43 794
-
124 520
-
social contributions
2 847
-
7 741
-
health
5 912
-
16 810
-
solidarity contribution
-
-
-
-
income
5 255
-
14 995
-
total
14 014
-
39 546
-
Employer
43 794
-
124 520
-
social contributions
10 949
-
29 774
-
health
3 941
-
11 207
-
total
14 890
-
40 981
-
Corporate
106 816
165 500
-
-
income
20 295
31 445
-
-
total
20 295
31 445
-
-
Dividends
86 521
134 055
-
-
withholding
12 978
20 108
-
-
total
12 978
20 108
-
-
Income
165 500
165 500
165 500
165 500
Total tax
62 177
51 553
80 527
73 374
After tax
103 323
113 947
84 973
92 126
Living cost
29 780
29 780
29 780
29 780
Free-cash
73 543
84 167
55 193
62 346

Estimated living cost  is ₽29780 per week

₽22146
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1650
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽515
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5469
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Prague model

Close
Graz , Austria
₽59604
₽59103
₽52912
₽11555
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
165 500
chamber of commerce
-
-
-
663
income
-
-
-
42 714
pensions
-
-
-
21 810
unemployment
-
-
-
6 189
health
-
-
-
9 018
surtax
-
-
-
-
total
-
-
-
80 394
Employee
44 111
40 215
130 640
-
other
440
402
1 180
-
health
1 706
1 557
4 561
-
income
3 930
2 966
33 838
-
pensions
4 517
4 117
12 072
-
unemployment
1 323
1 206
3 537
-
total
11 916
10 248
55 188
-
Employer
44 111
40 215
130 640
-
accident
573
523
1 532
-
other
2 095
1 909
6 097
-
chamber of commerce
176
161
523
-
unemployment
1 323
1 206
3 537
-
surtax
-
-
-
-
pensions
5 536
5 048
14 795
-
payroll
1 323
1 206
3 920
-
health
1 668
1 520
4 456
-
total
12 694
11 573
34 860
-
Corporate
108 694
113 711
126 810
-
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.

27 174
28 428
31 703
-
total
27 174
28 428
31 703
-
Dividends
81 521
85 283
-
-
withholding
22 419
23 453
-
-
total
22 419
23 453
-
-
Income
165 500
165 500
165 500
165 500
Total tax
74 203
73 702
121 751
80 394
After tax
91 297
91 798
43 749
85 106
Living cost
32 194
32 194
32 194
32 194
Free-cash
59 103
59 604
11 555
52 912

Estimated living cost  is ₽32194 per week

₽19313
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3288
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽574
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9020
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

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

Source of data for Graz model

Close
Tbilisi , Georgia
₽143076
₽140424
₽149696
₽118251
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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%.

-
-
-
165 500
microenterprise

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

-
-
-
1 655
total
-
-
-
1 655
Employee
17 686
-
165 500
-
income
3 537
-
33 100
-
total
3 537
-
33 100
-
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%.

147 814
165 500
-
-
total
-
-
-
-
Dividends
147 814
165 500
-
-
withholding
7 390
8 275
-
-
total
7 390
8 275
-
-
Income
165 500
165 500
165 500
165 500
Total tax
10 927
8 275
33 100
1 655
After tax
154 573
157 225
132 400
163 845
Living cost
14 149
14 149
14 149
14 149
Free-cash
140 424
143 076
118 251
149 696

Estimated living cost  is ₽14149 per week

₽9574
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽594
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽474
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3505
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

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

Source of data for Tbilisi model

Close
Ljubljana , Slovenia
₽86880
₽78439
₽54385
₽50002
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
165 500
income
-
-
-
37 290
pensions
-
-
-
30 224
unemployment
-
-
-
249
health
-
-
-
16 285
total
-
-
-
84 048
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.

44 623
-
143 202
-
health
2 882
-
9 251
-
income
7 695
-
34 484
-
pensions
6 917
-
22 197
-
unemployment
63
-
201
-
total
17 557
-
66 133
-
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.

44 623
-
143 202
-
unemployment
27
-
86
-
pensions
3 949
-
12 673
-
health
2 972
-
9 539
-
total
6 948
-
22 298
-
Corporate
113 929
165 500
-
-
income
21 647
31 444
-
-
total
21 647
31 444
-
-
Dividends
92 282
134 056
-
-
withholding
13 842
20 109
-
-
total
13 842
20 109
-
-
Income
165 500
165 500
165 500
165 500
Total tax
59 994
51 553
88 431
84 048
After tax
105 506
113 947
77 069
81 452
Living cost
27 067
27 067
27 067
27 067
Free-cash
78 439
86 880
50 002
54 385

Estimated living cost  is ₽27067 per week

₽18575
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1735
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽525
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6233
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽57125
₽9100
₽70809
₽108652
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
165 500
income
-
-
-
32 259
social contributions
-
-
-
18 867
total
-
-
-
51 126
Employee
62 466
-
-
-
social contributions
5 122
-
730
-
income
13 779
-
-
-
total
18 901
-
730
-
Employer
62 466
-
-
-
social contributions
88 077
-
12 553
-
total
88 077
-
12 553
-
Corporate
14 956
165 500
-
-
income
3 290
36 410
-
-
total
3 290
36 410
-
-
Dividends
11 666
129 090
-
-
income
2 567
28 400
-
-
total
2 567
28 400
-
-
Income
165 500
165 500
165 500
165 500
Total tax
112 835
64 810
13 283
51 126
After tax
52 665
100 690
152 217
114 374
Living cost
43 565
43 565
43 565
43 565
Free-cash
9 100
57 125
108 652
70 809

Estimated living cost  is ₽43565 per week

₽28267
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4097
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽555
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10646
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽62483
₽61465
₽57449
₽45218
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
165 500
income
-
-
-
18 887
surtax
-
-
-
-
social contributions

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

-
-
-
57 511
total
-
-
-
76 398
Employee
46 411
-
133 738
-
social contributions
5 105
-
14 711
-
surtax
-
-
-
-
income
9 654
-
42 156
-
total
14 759
-
56 867
-
Employer
46 411
-
133 738
-
social contributions
11 023
-
31 762
-
total
11 023
-
31 762
-
Corporate
108 066
165 500
-
-
surtax
-
-
-
-
income
22 695
34 755
-
-
total
22 695
34 755
-
-
Dividends
85 371
130 745
-
-
withholding
23 905
36 609
-
-
total
23 905
36 609
-
-
Income
165 500
165 500
165 500
165 500
Total tax
72 382
71 364
88 629
76 398
After tax
93 118
94 136
76 871
89 102
Living cost
31 653
31 653
31 653
31 653
Free-cash
61 465
62 483
45 218
57 449

Estimated living cost  is ₽31653 per week

₽23683
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1867
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽529
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5575
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Lisbon model

Close
Paris , France
₽34671
₽41609
₽44722
₽43570
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
165 500
income
-
-
-
24 898
pensions
-
-
-
30 678
other
-
-
-
5 130
health
-
-
-
6 616
surtax
-
-
-
-
social contributions
-
-
-
4 717
total
-
-
-
72 039
Employee
63 203
-
128 928
-
social contributions
1 800
-
3 675
-
surtax
-
-
-
-
income
5 515
-
24 327
-
pensions
7 149
-
8 616
-
total
14 464
-
36 618
-
Employer
63 203
-
128 928
-
other
2 181
-
4 880
-
social contributions
190
-
387
-
unemployment
2 560
-
5 222
-
pensions
10 385
-
14 568
-
health
4 424
-
11 516
-
total
19 740
-
36 573
-
Corporate
82 557
165 500
-
-
surtax
-
-
-
-
income
23 116
46 341
-
-
total
23 116
46 341
-
-
Dividends
59 442
119 159
-
-
surtax
-
-
-
-
social contributions
10 224
20 496
-
-
withholding
7 608
15 253
-
-
total
17 832
35 749
-
-
Income
165 500
165 500
165 500
165 500
Total tax
75 152
82 090
73 191
72 039
After tax
90 348
83 410
92 309
93 461
Living cost
48 739
48 739
48 739
48 739
Free-cash
41 609
34 671
43 570
44 722

Estimated living cost  is ₽48739 per week

₽32986
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3987
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽668
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽11097
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽118617
₽115225
₽91975
₽96373
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
165 500
income
-
-
-
6 781
social contributions
-
-
-
36 410
total
-
-
-
43 191
Employee
32 442
-
143 290
-
income
-
-
7 269
-
social contributions
2 108
-
9 314
-
total
2 108
-
16 583
-
Employer
32 442
-
143 290
-
social contributions
5 029
-
22 210
-
total
5 029
-
22 210
-
Corporate
128 029
165 500
-
-
income
12 804
16 549
-
-
total
12 804
16 549
-
-
Dividends
115 226
148 951
-
-
total
-
-
-
-
Income
165 500
165 500
165 500
165 500
Total tax
19 941
16 549
38 793
43 191
After tax
145 559
148 951
126 707
122 309
Living cost
30 334
30 334
30 334
30 334
Free-cash
115 225
118 617
96 373
91 975

Estimated living cost  is ₽30334 per week

₽19613
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2286
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽571
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7863
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

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

Source of data for Andorra model

Close
Copenhagen , Denmark
-₽54458
-₽54458
₽49701
-₽54458
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
165 500
municipal
-
-
-
34 108
pensions
-
-
-
875
national
-
-
-
19 026
labour market
-
-
-
13 170
total
-
-
-
67 179
Employee
205 213
205 213
205 213
-
labour market
16 394
16 394
16 394
-
national
25 070
25 070
25 070
-
municipal
43 699
43 699
43 699
-
pensions
292
292
292
-
total
85 455
85 455
85 455
-
Employer
205 213
205 213
205 213
-
labour market
16 417
16 417
16 417
-
municipal
43 769
43 769
43 769
-
pensions
583
583
583
-
national
25 114
25 114
25 114
-
total
85 883
85 883
85 883
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
165 500
165 500
165 500
165 500
Total tax
171 338
171 338
171 338
67 179
After tax
-5 838
-5 838
-5 838
98 321
Living cost
48 620
48 620
48 620
48 620
Free-cash
-54 458
-54 458
-54 458
49 701

Estimated living cost  is ₽48620 per week

₽33276
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4301
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽748
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10295
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽8340
₽10071
₽91432
₽67757
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
165 500
accident
-
-
-
253
income
-
-
-
45 336
pensions
-
-
-
4 174
other
-
-
-
372
health
-
-
-
2 188
total
-
-
-
52 323
Employee
34 207
-
148 336
-
health
3 917
-
16 985
-
income
4 693
-
34 195
-
pensions
3 852
-
7 654
-
total
12 462
-
58 834
-
Employer
34 207
-
148 336
-
accident
571
-
2 477
-
unemployment
838
-
3 634
-
pensions
5 562
-
11 053
-
total
6 971
-
17 164
-
Corporate
124 322
165 500
-
-
income

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

111 889
148 950
-
-
total
111 889
148 950
-
-
Dividends
12 432
16 550
-
-
withholding
2 362
3 145
-
-
total
2 362
3 145
-
-
Income
165 500
165 500
165 500
165 500
Total tax
133 684
152 095
75 998
52 323
After tax
31 816
13 405
89 502
113 177
Living cost
21 745
21 745
21 745
21 745
Free-cash
10 071
-8 340
67 757
91 432

Estimated living cost  is ₽21745 per week

₽15828
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1240
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽408
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4269
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

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

Source of data for Krakow model

Close
Helsinki , Finland
₽65723
₽67964
₽69783
₽48854
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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

-
-
-
165 500
municipal
-
-
-
29 407
health
-
-
-
2 128
national
-
-
-
25 439
total
-
-
-
56 974
Employee
53 092
-
139 226
-
health
396
-
1 723
-
municipal
8 696
-
22 683
-
pensions
3 583
-
9 397
-
unemployment
797
-
2 089
-
national
877
-
15 737
-
total
14 349
-
51 629
-
Employer
53 092
-
139 226
-
accident
54
-
140
-
unemployment
345
-
906
-
pensions
9 211
-
24 156
-
health
408
-
1 072
-
total
10 018
-
26 274
-
Corporate
102 391
165 500
-
-
income
20 479
33 101
-
-
total
20 479
33 101
-
-
Dividends

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

61 434
99 300
-
-
national
2 888
10 059
-
-
municipal
11 059
17 874
-
-
total
13 947
27 933
-
-
Income
165 500
165 500
165 500
165 500
Total tax
58 793
61 034
77 903
56 974
After tax
106 707
104 466
87 597
108 526
Living cost
38 743
38 743
38 743
38 743
Free-cash
67 964
65 723
48 854
69 783

Estimated living cost  is ₽38743 per week

₽25307
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3727
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽617
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9094
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽97410
₽91917
₽90368
₽88880
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
165 500
income
-
-
-
31 220
health
-
-
-
4 221
social contributions
-
-
-
16 327
total
-
-
-
51 768
Employee
77 596
77 596
153 966
-
social contributions
2 934
6 440
8 686
-
health
601
1 319
2 618
-
income
8 449
7 183
30 418
-
total
11 984
14 942
41 722
-
Employer
77 596
77 596
153 966
-
social contributions
2 934
6 440
8 686
-
health
653
1 436
2 848
-
total
3 587
7 876
11 534
-
Corporate
126 565
80 027
-
-
income
15 822
10 004
-
-
total
15 822
10 004
-
-
Dividends
110 744
70 024
-
-
withholding
18 826
11 904
-
-
total
18 826
11 904
-
-
Income
165 500
165 500
165 500
165 500
Total tax
50 219
44 726
53 256
51 768
After tax
115 281
120 774
112 244
113 732
Living cost
23 364
23 364
23 364
23 364
Free-cash
91 917
97 410
88 880
90 368

Estimated living cost  is ₽23364 per week

₽14002
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2292
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽517
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6553
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Larnaca model

Close
Podgorica , Montenegro
₽121029
₽115894
₽122641
₽102400
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
165 500
income
-
-
-
16 737
pensions
-
-
-
6 419
unemployment
-
-
-
29
health
-
-
-
3 652
total
-
-
-
26 837
Employee

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

23 163
-
155 638
-
health
1 969
-
8 139
-
income
1 584
-
14 236
-
pensions
3 474
-
14 362
-
unemployment
115
-
479
-
total
7 142
-
37 216
-
Employer

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

23 163
-
155 638
-
unemployment
115
-
479
-
pensions
1 273
-
5 266
-
health
996
-
4 117
-
total
2 384
-
9 862
-
Corporate
139 953
165 500
-
-
income
12 595
14 895
-
-
total
12 595
14 895
-
-
Dividends
127 358
150 605
-
-
withholding
11 463
13 554
-
-
total
11 463
13 554
-
-
Income
165 500
165 500
165 500
165 500
Total tax
33 584
28 449
47 078
26 837
After tax
131 916
137 051
118 422
138 663
Living cost
16 022
16 022
16 022
16 022
Free-cash
115 894
121 029
102 400
122 641

Estimated living cost  is ₽16022 per week

₽10222
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1155
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽477
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4167
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Podgorica model

Close
Valencia , Spain
₽82713
₽78258
₽65264
₽61029
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
165 500
accident
-
-
-
843
income
-
-
-
44 425
pensions
-
-
-
26 469
other
-
-
-
94
unemployment
-
-
-
655
total
-
-
-
72 486
Employee
37 313
-
135 682
-
other
36
-
94
-
income
7 194
-
40 961
-
pensions
1 754
-
4 397
-
unemployment
578
-
1 450
-
total
9 562
-
46 902
-
Employer
37 313
-
135 682
-
accident
739
-
1 852
-
other
299
-
749
-
unemployment
2 053
-
5 144
-
pensions
8 805
-
22 074
-
total
11 896
-
29 819
-
Corporate
116 291
165 500
-
-
income

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

17 444
24 826
-
-
total
17 444
24 826
-
-
Dividends
98 848
140 674
-
-
withholding
20 590
30 211
-
-
total
20 590
30 211
-
-
Income
165 500
165 500
165 500
165 500
Total tax
59 492
55 037
76 721
72 486
After tax
106 008
110 463
88 779
93 014
Living cost
27 750
27 750
27 750
27 750
Free-cash
78 258
82 713
61 029
65 264

Estimated living cost  is ₽27750 per week

₽18730
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2668
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽486
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5866
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Valencia model

Close
Istanbul , Turkey
₽100516
₽100062
₽103200
₽103003
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
165 500
income
-
-
-
56 076
pensions
-
-
-
2 010
health
-
-
-
1 458
total
-
-
-
59 544
Employee
4 198
-
163 238
-
health
210
-
503
-
income
812
-
55 970
-
pensions
378
-
905
-
unemployment
42
-
101
-
total
1 442
-
57 479
-
Employer
4 198
-
163 238
-
unemployment
84
-
201
-
pensions
462
-
1 106
-
health
399
-
955
-
total
945
-
2 262
-
Corporate
160 358
165 500
-
-
income
35 279
36 410
-
-
total
35 279
36 410
-
-
Dividends
125 079
129 090
-
-
withholding
25 016
25 818
-
-
total
25 016
25 818
-
-
Income
165 500
165 500
165 500
165 500
Total tax
62 682
62 228
59 741
59 544
After tax
102 818
103 272
105 759
105 956
Living cost
2 756
2 756
2 756
2 756
Free-cash
100 062
100 516
103 003
103 200

Estimated living cost  is ₽2756 per week

₽1638
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽223
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽63
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽832
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details

Source of data for Istanbul model

Close
Belgrade , Serbia
₽102121
₽97156
₽82695
₽82696
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
165 500
income
-
-
-
37 159
pensions
-
-
-
19 392
unemployment
-
-
-
1 119
health
-
-
-
7 682
total
-
-
-
65 352
Employee

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

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

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

26 319
-
152 149
-
health
1 355
-
3 841
-
income
3 628
-
37 159
-
pensions
3 685
-
10 442
-
unemployment
197
-
559
-
total
8 865
-
52 001
-
Employer

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

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

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

26 319
-
152 149
-
unemployment
197
-
559
-
pensions
3 158
-
8 950
-
health
1 355
-
3 841
-
total
4 710
-
13 350
-
Corporate
134 470
165 500
-
-
income
20 171
24 825
-
-
total
20 171
24 825
-
-
Dividends
114 300
140 675
-
-
withholding
17 145
21 101
-
-
total
17 145
21 101
-
-
Income
165 500
165 500
165 500
165 500
Total tax
50 891
45 926
65 351
65 352
After tax
114 609
119 574
100 149
100 148
Living cost
17 453
17 453
17 453
17 453
Free-cash
97 156
102 121
82 696
82 695

Estimated living cost  is ₽17453 per week

₽11751
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1350
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽505
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3847
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Belgrade model

Close
Porto , Portugal
₽66931
₽66568
₽61897
₽49666
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
165 500
income
-
-
-
18 887
surtax
-
-
-
-
social contributions

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

-
-
-
57 511
total
-
-
-
76 398
Employee
39 166
-
133 738
-
social contributions
4 309
-
14 711
-
surtax
-
-
-
-
income
7 653
-
42 156
-
total
11 962
-
56 867
-
Employer
39 166
-
133 738
-
social contributions
9 301
-
31 762
-
total
9 301
-
31 762
-
Corporate
117 033
165 500
-
-
surtax
-
-
-
-
income
24 577
34 755
-
-
total
24 577
34 755
-
-
Dividends
92 456
130 745
-
-
withholding
25 887
36 609
-
-
total
25 887
36 609
-
-
Income
165 500
165 500
165 500
165 500
Total tax
71 727
71 364
88 629
76 398
After tax
93 773
94 136
76 871
89 102
Living cost
27 205
27 205
27 205
27 205
Free-cash
66 568
66 931
49 666
61 897

Estimated living cost  is ₽27205 per week

₽19269
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1890
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽483
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5565
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Porto model

Close
Madrid , Spain
₽74998
₽68201
₽57549
₽53314
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
165 500
accident
-
-
-
843
income
-
-
-
44 425
pensions
-
-
-
26 469
other
-
-
-
94
unemployment
-
-
-
655
total
-
-
-
72 486
Employee
48 736
-
135 682
-
other
48
-
94
-
income
10 179
-
40 961
-
pensions
2 290
-
4 397
-
unemployment
755
-
1 450
-
total
13 272
-
46 902
-
Employer
48 736
-
135 682
-
accident
965
-
1 852
-
other
391
-
749
-
unemployment
2 681
-
5 144
-
pensions
11 501
-
22 074
-
total
15 538
-
29 819
-
Corporate
101 226
165 500
-
-
income

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

15 184
24 826
-
-
total
15 184
24 826
-
-
Dividends
86 042
140 674
-
-
withholding
17 840
30 211
-
-
total
17 840
30 211
-
-
Income
165 500
165 500
165 500
165 500
Total tax
61 834
55 037
76 721
72 486
After tax
103 666
110 463
88 779
93 014
Living cost
35 465
35 465
35 465
35 465
Free-cash
68 201
74 998
53 314
57 549

Estimated living cost  is ₽35465 per week

₽25469
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2758
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽500
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6739
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Madrid model

Close
Sofia , Bulgaria
₽124132
₽117977
₽113887
₽120243
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
165 500
income
-
-
-
24 825
pensions

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

-
-
-
5 220
unemployment
-
-
-
141
health
-
-
-
4 056
total
-
-
-
34 242
Employee
23 001
-
158 580
-
health
1 058
-
1 622
-
accident

We are using the highest rate at 1.1%.

253
-
388
-
income
2 300
-
15 858
-
pensions

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

2 019
-
3 097
-
total
5 630
-
20 965
-
Employer
23 001
-
158 580
-
accident

We are using the highest rate at 1.1%.

253
-
388
-
unemployment
138
-
212
-
pensions

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

2 535
-
3 887
-
health
1 587
-
2 434
-
total
4 513
-
6 921
-
Corporate
137 986
165 500
-
-
income
13 799
16 550
-
-
total
13 799
16 550
-
-
Dividends
124 187
148 950
-
-
withholding
6 210
7 447
-
-
total
6 210
7 447
-
-
Income
165 500
165 500
165 500
165 500
Total tax
30 152
23 997
27 886
34 242
After tax
135 348
141 503
137 614
131 258
Living cost
17 371
17 371
17 371
17 371
Free-cash
117 977
124 132
120 243
113 887

Estimated living cost  is ₽17371 per week

₽11489
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽994
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽414
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4474
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Sofia model

Close
Berlin , Germany
₽46234
₽59435
₽50093
₽67110
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
165 500
trade
-
-
-
17 017
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.

-
-
-
49 799
health

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

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

-
-
-
6 894
surtax

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

-
-
-
2 738
total
-
-
-
76 448
Employee

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

50 210
-
165 500
-
health

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

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

6 894
-
6 894
-
surtax

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

228
-
2 738
-
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.

4 129
-
49 799
-
total
11 251
-
59 431
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
115 290
165 500
-
-
surtax

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

952
1 365
-
-
income
17 294
24 826
-
-
trade
16 544
23 750
-
-
chamber of commerce
322
396
-
-
total
35 112
50 337
-
-
Dividends
80 179
115 163
-
-
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
1 563
-
-
withholding
19 661
28 407
-
-
total
20 743
29 970
-
-
Income
165 500
165 500
165 500
165 500
Total tax
67 106
80 307
59 431
76 448
After tax
98 394
85 193
106 069
89 052
Living cost
38 959
38 959
38 959
38 959
Free-cash
59 435
46 234
67 110
50 093

Estimated living cost  is ₽38959 per week

₽26875
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4192
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽565
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7327
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

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

Source of data for Berlin model

Close
Dublin , Ireland
₽58366
₽60594
₽31168
₽31168
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
165 500
income
-
-
-
49 520
social contributions
-
-
-
27 328
total
-
-
-
76 848
Employee
78 935
-
165 500
-
income
14 895
-
49 520
-
social contributions
6 558
-
27 328
-
total
21 453
-
76 848
-
Employer
78 935
-
165 500
-
total
-
-
-
-
Corporate
86 565
165 500
-
-
income
10 820
20 688
-
-
total
10 820
20 688
-
-
Dividends
75 745
144 812
-
-
withholding
15 149
28 962
-
-
total
15 149
28 962
-
-
Income
165 500
165 500
165 500
165 500
Total tax
47 422
49 650
76 848
76 848
After tax
118 078
115 850
88 652
88 652
Living cost
57 484
57 484
57 484
57 484
Free-cash
60 594
58 366
31 168
31 168

Estimated living cost  is ₽57484 per week

₽43733
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4684
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽550
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8518
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

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

Source of data for Dublin model

Close
Sliema , Malta
₽65613
₽69139
₽93403
₽81791
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
165 500
income
-
-
-
28 725
health

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

-
-
-
6 741
total
-
-
-
35 466
Employee
46 292
-
160 858
-
income
5 023
-
37 794
-
social contributions
4 638
-
4 642
-
total
9 661
-
42 436
-
Employer
46 292
-
160 858
-
social contributions
4 638
-
4 642
-
total
4 638
-
4 642
-
Corporate
114 570
165 500
-
-
income
40 100
57 925
-
-
total
40 100
57 925
-
-
Dividends
74 470
107 575
-
-
social contributions
5 331
5 331
-
-
total
5 331
5 331
-
-
Income
165 500
165 500
165 500
165 500
Total tax
59 730
63 256
47 078
35 466
After tax
105 770
102 244
118 422
130 034
Living cost
36 631
36 631
36 631
36 631
Free-cash
69 139
65 613
81 791
93 403

Estimated living cost  is ₽36631 per week

₽24129
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2888
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽561
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9052
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽72110
₽78104
₽73100
₽58051
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
165 500
income
-
-
-
45 933
pensions
-
-
-
8 854
total
-
-
-
54 787
Employee
51 629
-
144 691
-
health
673
-
2 148
-
income
9 402
-
35 897
-
pensions
3 941
-
10 984
-
total
14 016
-
49 029
-
Employer
51 629
-
144 691
-
pensions
5 216
-
18 057
-
health
981
-
2 750
-
total
6 197
-
20 807
-
Corporate
107 674
165 500
-
-
income

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

20 459
31 444
-
-
total
20 459
31 444
-
-
Dividends
87 215
134 056
-
-
withholding
9 111
24 333
-
-
total
9 111
24 333
-
-
Income
165 500
165 500
165 500
165 500
Total tax
49 783
55 777
69 836
54 787
After tax
115 717
109 723
95 664
110 713
Living cost
37 613
37 613
37 613
37 613
Free-cash
78 104
72 110
58 051
73 100

Estimated living cost  is ₽37613 per week

₽25802
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3459
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽471
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7879
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details

Additional information

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

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

Source of data for Edinburgh model

Close
Warsaw , Poland
-₽10493
₽9741
₽89279
₽65604
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
165 500
accident
-
-
-
253
income
-
-
-
45 336
pensions
-
-
-
4 174
other
-
-
-
372
health
-
-
-
2 188
total
-
-
-
52 323
Employee
37 593
-
148 336
-
health
4 304
-
16 985
-
income
5 157
-
34 195
-
pensions
4 233
-
7 654
-
total
13 694
-
58 834
-
Employer
37 593
-
148 336
-
accident
628
-
2 477
-
unemployment
921
-
3 634
-
pensions
6 112
-
11 053
-
total
7 661
-
17 164
-
Corporate
120 246
165 500
-
-
income

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

108 221
148 950
-
-
total
108 221
148 950
-
-
Dividends
12 025
16 550
-
-
withholding
2 285
3 145
-
-
total
2 285
3 145
-
-
Income
165 500
165 500
165 500
165 500
Total tax
131 861
152 095
75 998
52 323
After tax
33 639
13 405
89 502
113 177
Living cost
23 898
23 898
23 898
23 898
Free-cash
9 741
-10 493
65 604
89 279

Estimated living cost  is ₽23898 per week

₽17539
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1393
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽481
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4485
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

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

Source of data for Warsaw model

Close
Skopje , Macedonia
₽125637
₽120915
₽80386
₽102578
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
165 500
work injury
-
-
-
807
health insurance
-
-
-
11 943
income
-
-
-
27 101
pensions
-
-
-
29 695
unemployment
-
-
-
1 937
total
-
-
-
71 483
Employee

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

21 810
-
165 500
-
work injury
109
-
403
-
income
2 181
-
27 101
-
pensions
4 013
-
14 848
-
health insurance
1 614
-
5 971
-
unemployment
262
-
968
-
total
8 179
-
49 291
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
143 690
165 500
-
-
income

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

1 437
1 655
-
-
total
1 437
1 655
-
-
Dividends
142 253
163 845
-
-
withholding
21 338
24 577
-
-
total
21 338
24 577
-
-
Income
165 500
165 500
165 500
165 500
Total tax
30 954
26 232
49 291
71 483
After tax
134 546
139 268
116 209
94 017
Living cost
13 631
13 631
13 631
13 631
Free-cash
120 915
125 637
102 578
80 386

Estimated living cost  is ₽13631 per week

₽8445
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽991
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽425
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3771
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Skopje model

Close
Rome , Italy
₽46972
₽42383
₽37653
₽30387
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
165 500
municipal
-
-
-
1 107
regional
-
-
-
3 777
national
-
-
-
40 196
social contributions
-
-
-
42 566
total
-
-
-
87 646
Employee
85 034
-
165 500
-
social contributions
28 673
-
55 807
-
regional
1 284
-
3 350
-
municipal
507
-
988
-
national
14 370
-
34 767
-
total
44 834
-
94 912
-
Employer
85 034
-
165 500
-
total
-
-
-
-
Corporate
80 466
165 500
-
-
nationa
19 313
39 721
-
-
municipal
3 878
7 978
-
-
total
23 191
47 699
-
-
Dividends
57 275
117 802
-
-
withholding
14 891
30 628
-
-
total
14 891
30 628
-
-
Income
165 500
165 500
165 500
165 500
Total tax
82 916
78 327
94 912
87 646
After tax
82 584
87 173
70 588
77 854
Living cost
40 201
40 201
40 201
40 201
Free-cash
42 383
46 972
30 387
37 653

Estimated living cost  is ₽40201 per week

₽28238
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2765
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽607
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8589
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Rome model

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