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
₽ 166500
per

Your estimated
City
free-cash

Dresden , Germany
₽53871
₽76301
₽57360
₽64869
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
166 500
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.

-
-
-
50 507
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.

-
-
-
2 778
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.

-
-
-
6 794
trade
-
-
-
18 941
total
-
-
-
79 020
Employee

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

38 035
-
166 500
-
surtax

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

59
-
2 778
-
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.

1 062
-
50 507
-
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.

6 794
-
6 794
-
total
7 915
-
60 079
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
128 465
166 500
-
-
income
19 269
24 974
-
-
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.

1 061
1 374
-
-
chamber of commerce
336
391
-
-
trade
20 234
26 223
-
-
total
40 900
52 962
-
-
Dividends
87 566
113 538
-
-
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.

1 183
1 540
-
-
withholding
21 513
28 007
-
-
total
22 696
29 547
-
-
Income
166 500
166 500
166 500
166 500
Total tax
71 511
82 509
60 079
79 020
After tax
94 989
83 991
106 421
87 480
Living cost
30 120
30 120
30 120
30 120
Free-cash
64 869
53 871
76 301
57 360

Estimated living cost  is ₽30120 per week

₽18947
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3512
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽562
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7099
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽51232
₽47166
₽45860
₽50355
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
166 500
social contributions
-
-
-
1 790
municipal
-
-
-
18 123
national
-
-
-
28 083
pensions
-
-
-
19 980
total
-
-
-
67 976
Employee
81 639
-
143 938
-
municipal
10 084
-
18 768
-
pensions
3 266
-
5 758
-
national
15 626
-
29 082
-
total
28 976
-
53 608
-
Employer
81 639
-
143 938
-
pensions
6 531
-
11 515
-
social contributions
878
-
1 547
-
total
7 409
-
13 062
-
Corporate
72 064
166 500
-
-
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%.

14 413
33 300
-
-
total
14 413
33 300
-
-
Dividends
57 651
133 200
-
-
withholding
12 683
29 304
-
-
total
12 683
29 304
-
-
Income
166 500
166 500
166 500
166 500
Total tax
63 481
62 604
66 670
67 976
After tax
103 019
103 896
99 830
98 524
Living cost
52 664
52 664
52 664
52 664
Free-cash
50 355
51 232
47 166
45 860

Estimated living cost  is ₽52664 per week

₽35795
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4896
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽788
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽11185
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽112512
₽48083
₽36024
₽104354
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
166 500
income
-
-
-
29 229
surtax
-
-
-
42 458
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.

-
-
-
38 101
microenterprise
-
-
-
-
total
-
-
-
109 788
Employee
29 058
-
124 280
-
surtax
-
-
18 020
-
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.

3 197
-
13 036
-
income
5 173
-
24 453
-
total
8 370
-
55 509
-
Employer
29 058
-
124 280
-
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.

6 999
-
28 550
-
surtax
-
-
13 670
-
total
6 999
-
42 220
-
Corporate
130 443
166 500
-
-
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%.

26 089
33 300
-
-
total
26 089
33 300
-
-
Dividends

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

104 354
133 200
-
-
total
-
-
-
-
Income
166 500
166 500
166 500
166 500
Total tax
41 458
33 300
97 729
109 788
After tax
125 042
133 200
68 771
56 712
Living cost
20 688
20 688
20 688
20 688
Free-cash
104 354
112 512
48 083
36 024

Estimated living cost  is ₽20688 per week

₽13198
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1970
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽470
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5050
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽40647
₽61426
₽50866
₽34556
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
166 500
income
-
-
-
50 063
health
-
-
-
12 262
pensions
-
-
-
11 651
total
-
-
-
73 976
Employee
84 920
84 920
148 019
-
pensions
15 286
11 651
11 651
-
income

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

13 900
13 900
21 022
-
health
13 034
11 087
12 262
-
total
42 220
36 638
44 935
-
Employer
84 920
84 920
148 019
-
health
5 903
5 903
7 335
-
pensions
5 910
5 910
7 347
-
unemployment
3 057
3 057
3 799
-
total
14 870
14 870
18 481
-
Corporate
67 751
66 709
-
-
income
13 549
13 342
-
-
total
13 549
13 342
-
-
Dividends
54 202
53 368
-
-
income
11 517
11 340
-
-
withholding
8 130
8 005
-
-
total
19 647
19 345
-
-
Income
166 500
166 500
166 500
166 500
Total tax
90 286
84 195
63 416
73 976
After tax
76 214
82 305
103 084
92 524
Living cost
41 658
41 658
41 658
41 658
Free-cash
34 556
40 647
61 426
50 866

Estimated living cost  is ₽41658 per week

₽29522
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3755
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽662
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7718
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽50283
₽44678
₽45664
₽49371
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
166 500
accident
-
-
-
178
other
-
-
-
10 346
unemployment
-
-
-
89
health
-
-
-
5 556
municipal
-
-
-
41 958
national
-
-
-
12 458
pensions
-
-
-
9 625
total
-
-
-
80 210
Employee
57 889
-
138 524
-
municipal
17 262
-
41 308
-
national
-
-
11 912
-
total
17 262
-
53 220
-
Employer
57 889
-
138 524
-
health
3 560
-
5 476
-
pensions
6 258
-
9 625
-
accident
116
-
178
-
unemployment
1 528
-
2 351
-
other
6 727
-
10 346
-
total
18 189
-
27 976
-
Corporate
90 423
166 500
-
-
income
19 893
36 630
-
-
total
19 893
36 630
-
-
Dividends
70 530
129 870
-
-
withholding
21 159
38 961
-
-
total
21 159
38 961
-
-
Income
166 500
166 500
166 500
166 500
Total tax
76 503
75 591
81 196
80 210
After tax
89 997
90 909
85 304
86 290
Living cost
40 626
40 626
40 626
40 626
Free-cash
49 371
50 283
44 678
45 664

Estimated living cost  is ₽40626 per week

₽26926
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.
₽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.
₽9097
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽44069
₽67356
₽47571
₽58042
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
166 500
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.

-
-
-
50 507
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.

-
-
-
2 778
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.

-
-
-
6 794
trade
-
-
-
19 785
total
-
-
-
79 864
Employee

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

50 429
-
166 500
-
surtax

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

238
-
2 778
-
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.

4 333
-
50 507
-
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.

6 794
-
6 794
-
total
11 365
-
60 079
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
116 071
166 500
-
-
income
17 411
24 974
-
-
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.

957
1 374
-
-
chamber of commerce
315
387
-
-
trade
19 094
27 390
-
-
total
37 777
54 125
-
-
Dividends
78 294
112 376
-
-
surtax

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

1 055
1 525
-
-
withholding
19 196
27 716
-
-
total
20 251
29 241
-
-
Income
166 500
166 500
166 500
166 500
Total tax
69 393
83 366
60 079
79 864
After tax
97 107
83 134
106 421
86 636
Living cost
39 065
39 065
39 065
39 065
Free-cash
58 042
44 069
67 356
47 571

Estimated living cost  is ₽39065 per week

₽26127
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4120
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽583
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8235
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽89237
₽80496
₽81982
₽85112
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
166 500
income
-
-
-
31 928
social contributions
-
-
-
16 090
health
-
-
-
4 246
total
-
-
-
52 264
Employee
76 467
76 467
155 072
-
social contributions
3 716
6 346
8 560
-
income
8 030
7 079
31 126
-
health
761
1 300
2 636
-
total
12 507
14 725
42 322
-
Employer
76 467
76 467
155 072
-
health
828
1 415
2 868
-
social contributions
3 716
6 346
8 560
-
total
4 544
7 761
11 428
-
Corporate
117 196
82 272
-
-
income
14 650
10 285
-
-
total
14 650
10 285
-
-
Dividends
102 546
71 987
-
-
withholding
17 433
12 238
-
-
total
17 433
12 238
-
-
Income
166 500
166 500
166 500
166 500
Total tax
49 134
45 009
53 750
52 264
After tax
117 366
121 491
112 750
114 236
Living cost
32 254
32 254
32 254
32 254
Free-cash
85 112
89 237
80 496
81 982

Estimated living cost  is ₽32254 per week

₽22049
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2519
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽542
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7145
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽75273
₽78243
₽97064
₽75655
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
166 500
income
-
-
-
20 355
unemployment
-
-
-
2 497
health
-
-
-
11 655
pensions
-
-
-
16 650
total
-
-
-
51 157
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.

26 386
10 501
139 331
-
unemployment
396
158
2 090
-
pensions
2 639
1 050
13 933
-
income
3 226
1 284
17 033
-
health
1 847
735
9 753
-
total
8 108
3 227
42 809
-
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.

26 386
10 501
139 331
-
pensions
5 145
2 048
27 169
-
total
5 145
2 048
27 169
-
Corporate
134 968
153 951
-
-
income
12 147
13 856
-
-
total
12 147
13 856
-
-
Dividends
122 821
140 095
-
-
social contributions
23 830
27 199
-
-
withholding
23 336
26 618
-
-
total
47 166
53 817
-
-
Income
166 500
166 500
166 500
166 500
Total tax
72 566
72 948
69 978
51 157
After tax
93 934
93 552
96 522
115 343
Living cost
18 279
18 279
18 279
18 279
Free-cash
75 655
75 273
78 243
97 064

Estimated living cost  is ₽18279 per week

₽12474
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1496
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽365
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3944
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽109181
₽71949
₽65225
₽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
-
-
-
166 500
income
-
-
-
22 311
health
-
-
-
21 645
pensions
-
-
-
33 300
total
-
-
-
77 256
Employee
28 210
-
124 438
-
unemployment
451
-
1 991
-
pensions
564
-
2 489
-
income
3 176
-
23 991
-
total
4 191
-
28 471
-
Employer
28 210
-
124 438
-
health
3 667
-
16 176
-
pensions
5 642
-
24 889
-
unemployment
226
-
996
-
total
9 535
-
42 061
-
Corporate
128 754
166 500
-
-
income
25 752
33 300
-
-
total
25 752
33 300
-
-
Dividends
103 002
133 200
-
-
total
-
-
-
-
Income
166 500
166 500
166 500
166 500
Total tax
39 478
33 300
70 532
77 256
After tax
127 022
133 200
95 968
89 244
Living cost
24 019
24 019
24 019
24 019
Free-cash
103 003
109 181
71 949
65 225

Estimated living cost  is ₽24019 per week

₽16475
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1430
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.
₽5631
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽8629
₽67952
₽91741
₽10095
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
166 500
accident
-
-
-
254
income
-
-
-
45 641
other
-
-
-
373
health
-
-
-
2 192
pensions
-
-
-
4 183
total
-
-
-
52 643
Employee
34 790
-
149 274
-
pensions
3 917
-
7 670
-
income
4 773
-
34 445
-
health
3 983
-
17 092
-
total
12 673
-
59 207
-
Employer
34 790
-
149 274
-
pensions
5 657
-
11 075
-
accident
581
-
2 493
-
unemployment
852
-
3 657
-
total
7 090
-
17 225
-
Corporate
124 620
166 500
-
-
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.

112 158
149 850
-
-
total
112 158
149 850
-
-
Dividends
12 462
16 650
-
-
withholding
2 368
3 163
-
-
total
2 368
3 163
-
-
Income
166 500
166 500
166 500
166 500
Total tax
134 289
153 013
76 432
52 643
After tax
32 211
13 487
90 068
113 857
Living cost
22 116
22 116
22 116
22 116
Free-cash
10 095
-8 629
67 952
91 741

Estimated living cost  is ₽22116 per week

₽16209
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1225
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽462
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4220
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽150106
₽125131
₽156766
₽148593
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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%.

-
-
-
166 500
microenterprise

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

-
-
-
1 665
total
-
-
-
1 665
Employee
10 085
-
166 500
-
income
2 017
-
33 300
-
total
2 017
-
33 300
-
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%.

156 415
166 500
-
-
total
-
-
-
-
Dividends
156 415
166 500
-
-
withholding
7 821
8 325
-
-
total
7 821
8 325
-
-
Income
166 500
166 500
166 500
166 500
Total tax
9 838
8 325
33 300
1 665
After tax
156 662
158 175
133 200
164 835
Living cost
8 069
8 069
8 069
8 069
Free-cash
148 593
150 106
125 131
156 766

Estimated living cost  is ₽8069 per week

₽5000
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽671
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽222
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2176
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽95832
₽68074
₽64989
₽89115
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
166 500
income
-
-
-
24 885
other
-
-
-
7 182
health
-
-
-
6 654
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.

-
-
-
36 293
total
-
-
-
75 014
Employee
36 107
-
132 987
-
unemployment
360
-
1 330
-
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.

2 527
-
9 309
-
income
6 216
-
25 914
-
health
506
-
1 863
-
total
9 609
-
38 416
-
Employer
36 107
-
132 987
-
health
506
-
1 863
-
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.

6 139
-
22 608
-
accident
289
-
1 064
-
unemployment
360
-
1 330
-
other
1 806
-
6 648
-
total
9 100
-
33 513
-
Corporate
121 294
166 500
-
-
income
25 472
34 964
-
-
total
25 472
34 964
-
-
Dividends
95 821
131 536
-
-
withholding
6 707
9 207
-
-
total
6 707
9 207
-
-
Income
166 500
166 500
166 500
166 500
Total tax
50 888
44 171
71 929
75 014
After tax
115 612
122 329
94 571
91 486
Living cost
26 497
26 497
26 497
26 497
Free-cash
89 115
95 832
68 074
64 989

Estimated living cost  is ₽26497 per week

₽18722
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1789
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽426
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5559
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽43849
₽29930
₽45039
₽45316
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
166 500
income
-
-
-
46 835
pensions
-
-
-
8 725
total
-
-
-
55 560
Employee
93 240
-
145 513
-
pensions
8 995
-
10 782
-
income
16 807
-
36 762
-
health
1 536
-
2 138
-
total
27 338
-
49 682
-
Employer
93 240
-
145 513
-
health
1 771
-
2 765
-
pensions
11 009
-
18 222
-
total
12 780
-
20 987
-
Corporate
60 480
166 500
-
-
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.

11 491
31 636
-
-
total
11 491
31 636
-
-
Dividends
48 990
134 864
-
-
withholding
3 674
25 114
-
-
total
3 674
25 114
-
-
Income
166 500
166 500
166 500
166 500
Total tax
55 283
56 750
70 669
55 560
After tax
111 217
109 750
95 831
110 940
Living cost
65 901
65 901
65 901
65 901
Free-cash
45 316
43 849
29 930
45 039

Estimated living cost  is ₽65901 per week

₽49381
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽7743
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽536
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8242
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽129320
₽125649
₽119213
₽124700
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
166 500
income
-
-
-
24 975
unemployment
-
-
-
139
health
-
-
-
3 994
pensions

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

-
-
-
5 141
total
-
-
-
34 249
Employee
17 264
-
159 685
-
accident

We are using the highest rate at 1.1%.

190
-
382
-
pensions

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

1 516
-
3 050
-
income
1 726
-
15 968
-
health
794
-
1 598
-
total
4 226
-
20 998
-
Employer
17 264
-
159 685
-
health
1 192
-
2 397
-
pensions

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

1 903
-
3 828
-
accident

We are using the highest rate at 1.1%.

190
-
382
-
unemployment
103
-
208
-
total
3 388
-
6 815
-
Corporate
145 848
166 500
-
-
income
14 585
16 650
-
-
total
14 585
16 650
-
-
Dividends
131 264
149 850
-
-
withholding
6 563
7 492
-
-
total
6 563
7 492
-
-
Income
166 500
166 500
166 500
166 500
Total tax
28 762
24 142
27 813
34 249
After tax
137 738
142 358
138 687
132 251
Living cost
13 038
13 038
13 038
13 038
Free-cash
124 700
129 320
125 649
119 213

Estimated living cost  is ₽13038 per week

₽7612
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽931
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽345
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4150
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽27162
₽47941
₽37381
₽29663
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
166 500
income
-
-
-
50 063
health
-
-
-
12 262
pensions
-
-
-
11 651
total
-
-
-
73 976
Employee
92 196
84 920
148 019
-
pensions
11 651
11 651
11 651
-
income

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

13 900
13 900
21 022
-
health
11 502
11 087
12 262
-
total
37 053
36 638
44 935
-
Employer
92 196
84 920
148 019
-
health
6 407
5 903
7 335
-
pensions
6 416
5 910
7 347
-
unemployment
3 319
3 057
3 799
-
total
16 142
14 870
18 481
-
Corporate
58 162
66 709
-
-
income
11 632
13 342
-
-
total
11 632
13 342
-
-
Dividends
46 529
53 368
-
-
income
9 888
11 340
-
-
withholding
6 979
8 005
-
-
total
16 867
19 345
-
-
Income
166 500
166 500
166 500
166 500
Total tax
81 694
84 195
63 416
73 976
After tax
84 806
82 305
103 084
92 524
Living cost
55 143
55 143
55 143
55 143
Free-cash
29 663
27 162
47 941
37 381

Estimated living cost  is ₽55143 per week

₽40677
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4925
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽632
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8909
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽89914
₽60315
₽67461
₽81096
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
166 500
income
-
-
-
16 268
social contributions
-
-
-
35 572
solidarity contribution
-
-
-
-
health
-
-
-
22 478
total
-
-
-
74 318
Employee
36 354
-
124 811
-
solidarity contribution
-
-
-
-
social contributions
2 363
-
7 918
-
income
4 362
-
15 007
-
health
4 908
-
16 850
-
total
11 633
-
39 775
-
Employer
36 354
-
124 811
-
health
3 272
-
11 233
-
social contributions
9 088
-
30 456
-
total
12 360
-
41 689
-
Corporate
117 786
166 500
-
-
income
22 379
31 635
-
-
total
22 379
31 635
-
-
Dividends
95 406
134 865
-
-
withholding
14 311
20 230
-
-
total
14 311
20 230
-
-
Income
166 500
166 500
166 500
166 500
Total tax
60 683
51 865
81 464
74 318
After tax
105 817
114 635
85 036
92 182
Living cost
24 721
24 721
24 721
24 721
Free-cash
81 096
89 914
60 315
67 461

Estimated living cost  is ₽24721 per week

₽17171
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1759
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.
₽5305
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽46872
₽30600
₽38122
₽41682
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
166 500
social contributions
-
-
-
42 824
regional
-
-
-
1 956
municipal
-
-
-
989
national
-
-
-
40 648
total
-
-
-
86 417
Employee
88 379
-
166 500
-
municipal
468
-
883
-
national
15 314
-
35 187
-
regional
834
-
1 725
-
social contributions
29 801
-
56 144
-
total
46 417
-
93 939
-
Employer
88 379
-
166 500
-
total
-
-
-
-
Corporate
78 121
166 500
-
-
municipal
3 046
6 494
-
-
nationa
18 748
39 960
-
-
total
21 794
46 454
-
-
Dividends
56 327
120 047
-
-
withholding
14 646
31 213
-
-
total
14 646
31 213
-
-
Income
166 500
166 500
166 500
166 500
Total tax
82 857
77 667
93 939
86 417
After tax
83 643
88 833
72 561
80 083
Living cost
41 961
41 961
41 961
41 961
Free-cash
41 682
46 872
30 600
38 122

Estimated living cost  is ₽41961 per week

₽29250
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2751
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽644
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9315
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽82785
₽50797
₽56961
₽79689
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
166 500
income
-
-
-
44 674
other
-
-
-
-
surtax
-
-
-
6 729
unemployment
-
-
-
226
health
-
-
-
9 422
pensions
-
-
-
26 544
total
-
-
-
87 595
Employee
32 885
-
138 563
-
other
-
-
-
-
unemployment
2 289
-
9 237
-
pensions
2 193
-
8 852
-
surtax
108
-
5 624
-
income
5 512
-
38 725
-
health
840
-
3 384
-
total
10 942
-
65 822
-
Employer
32 885
-
138 563
-
health
1 496
-
6 039
-
pensions
4 384
-
17 692
-
unemployment
1 042
-
4 206
-
other
-
-
-
-
total
6 922
-
27 937
-
Corporate
126 693
166 500
-
-
income
32 940
43 290
-
-
total
32 940
43 290
-
-
Dividends
93 753
123 210
-
-
withholding
14 063
18 481
-
-
total
14 063
18 481
-
-
Income
166 500
166 500
166 500
166 500
Total tax
64 867
61 771
93 759
87 595
After tax
101 633
104 729
72 741
78 905
Living cost
21 944
21 944
21 944
21 944
Free-cash
79 689
82 785
50 797
56 961

Estimated living cost  is ₽21944 per week

₽13417
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2025
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽506
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5995
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽64728
₽50809
₽65918
₽71239
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
166 500
income
-
-
-
46 835
pensions
-
-
-
8 725
total
-
-
-
55 560
Employee
62 487
-
145 513
-
pensions
5 304
-
10 782
-
income
11 254
-
36 762
-
health
907
-
2 138
-
total
17 465
-
49 682
-
Employer
62 487
-
145 513
-
health
1 187
-
2 765
-
pensions
6 764
-
18 222
-
total
7 951
-
20 987
-
Corporate
96 062
166 500
-
-
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.

18 253
31 636
-
-
total
18 253
31 636
-
-
Dividends
77 809
134 864
-
-
withholding
6 570
25 114
-
-
total
6 570
25 114
-
-
Income
166 500
166 500
166 500
166 500
Total tax
50 239
56 750
70 669
55 560
After tax
116 261
109 750
95 831
110 940
Living cost
45 022
45 022
45 022
45 022
Free-cash
71 239
64 728
50 809
65 918

Estimated living cost  is ₽45022 per week

₽33730
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3375
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.
₽7446
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽2498
₽48935
₽57001
₽31146
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
166 500
other

This will depend on a canton and a chosen fund. The rate is between 0.3% and 3.4% with a maximum base of 148,200 CHF. We use 2% as an average rate.

-
-
-
3 330
regional
-
-
-
7 812
health
-
-
-
374
city
-
-
-
1 755
national
-
-
-
2 276
pensions
-
-
-
15 317
total
-
-
-
30 864
Employee
92 023
-
149 024
-
unemployment
-
-
-
-
pensions
7 731
-
12 520
-
national
436
-
1 861
-
regional
3 013
-
6 776
-
city
988
-
1 602
-
health
208
-
335
-
total
12 376
-
23 094
-
Employer
92 023
-
149 024
-
health
208
-
335
-
pensions
7 731
-
12 520
-
unemployment
-
-
-
-
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.

1 840
-
2 981
-
total
9 779
-
15 836
-
Corporate
63 686
166 500
-
-
regional
13 469
35 214
-
-
national
5 413
14 152
-
-
total
18 882
49 366
-
-
Dividends
44 805
117 134
-
-
withholding
15 682
40 997
-
-
total
15 682
40 997
-
-
Income
166 500
166 500
166 500
166 500
Total tax
56 719
90 363
38 930
30 864
After tax
109 781
76 137
127 570
135 636
Living cost
78 635
78 635
78 635
78 635
Free-cash
31 146
-2 498
48 935
57 001

Estimated living cost  is ₽78635 per week

₽51135
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽7057
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽965
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽19477
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽36725
₽60866
₽40240
₽52848
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
166 500
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.

-
-
-
50 507
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.

-
-
-
2 778
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.

-
-
-
6 794
trade
-
-
-
20 626
total
-
-
-
80 705
Employee

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

59 763
-
166 500
-
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.

387
-
2 778
-
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.

7 028
-
50 507
-
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.

6 794
-
6 794
-
total
14 209
-
60 079
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
106 737
166 500
-
-
income
16 010
24 974
-
-
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.

881
1 374
-
-
chamber of commerce
302
385
-
-
trade
18 305
28 554
-
-
total
35 498
55 287
-
-
Dividends
71 238
111 213
-
-
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.

959
1 508
-
-
withholding
17 431
27 425
-
-
total
18 390
28 933
-
-
Income
166 500
166 500
166 500
166 500
Total tax
68 097
84 220
60 079
80 705
After tax
98 403
82 280
106 421
85 795
Living cost
45 555
45 555
45 555
45 555
Free-cash
52 848
36 725
60 866
40 240

Estimated living cost  is ₽45555 per week

₽33272
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3644
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽593
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8049
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽49895
₽58435
₽59947
₽55766
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
166 500
income
-
-
-
25 343
other
-
-
-
5 161
surtax
-
-
-
-
social contributions
-
-
-
4 742
health
-
-
-
6 769
pensions
-
-
-
30 515
total
-
-
-
72 530
Employee
42 560
-
129 501
-
pensions
4 812
-
8 737
-
surtax
-
-
-
-
social contributions
1 213
-
3 689
-
income
2 512
-
24 617
-
total
8 537
-
37 043
-
Employer
42 560
-
129 501
-
health
2 980
-
11 667
-
pensions
6 992
-
14 760
-
unemployment
1 723
-
5 244
-
social contributions
128
-
389
-
other
1 468
-
4 939
-
total
13 291
-
36 999
-
Corporate
110 649
166 500
-
-
income
30 983
46 619
-
-
surtax
-
-
-
-
total
30 983
46 619
-
-
Dividends
79 666
119 881
-
-
surtax
-
-
-
-
social contributions
13 702
20 619
-
-
withholding
10 198
15 344
-
-
total
23 900
35 963
-
-
Income
166 500
166 500
166 500
166 500
Total tax
76 711
82 582
74 042
72 530
After tax
89 789
83 918
92 458
93 970
Living cost
34 023
34 023
34 023
34 023
Free-cash
55 766
49 895
58 435
59 947

Estimated living cost  is ₽34023 per week

₽21453
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2767
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽579
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9226
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽53266
₽61806
₽63318
₽58787
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
166 500
income
-
-
-
25 343
other
-
-
-
5 161
surtax
-
-
-
-
social contributions
-
-
-
4 742
health
-
-
-
6 769
pensions
-
-
-
30 515
total
-
-
-
72 530
Employee
37 991
-
129 501
-
pensions
4 297
-
8 737
-
surtax
-
-
-
-
social contributions
1 083
-
3 689
-
income
1 959
-
24 617
-
total
7 339
-
37 043
-
Employer
37 991
-
129 501
-
health
2 659
-
11 667
-
pensions
6 243
-
14 760
-
unemployment
1 538
-
5 244
-
social contributions
113
-
389
-
other
1 312
-
4 939
-
total
11 865
-
36 999
-
Corporate
116 645
166 500
-
-
income
32 660
46 619
-
-
surtax
-
-
-
-
total
32 660
46 619
-
-
Dividends
83 985
119 881
-
-
surtax
-
-
-
-
social contributions
14 446
20 619
-
-
withholding
10 751
15 344
-
-
total
25 197
35 963
-
-
Income
166 500
166 500
166 500
166 500
Total tax
77 061
82 582
74 042
72 530
After tax
89 439
83 918
92 458
93 970
Living cost
30 652
30 652
30 652
30 652
Free-cash
58 787
53 266
61 806
63 318

Estimated living cost  is ₽30652 per week

₽17777
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3114
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽581
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9181
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽80492
₽82660
₽85840
₽81007
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
166 500
income
-
-
-
24 974
social contributions
-
-
-
22 978
health
-
-
-
11 621
total
-
-
-
59 573
Employee
33 717
-
166 500
-
social contributions
4 654
-
22 978
-
income
5 624
-
28 154
-
health
2 353
-
11 621
-
total
12 631
-
62 753
-
Employer
33 717
-
166 500
-
total
-
-
-
-
Corporate
132 783
166 500
-
-
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%.

6 639
8 324
-
-
total
6 639
8 324
-
-
Dividends
126 144
158 176
-
-
social contributions
17 409
21 828
-
-
withholding
18 922
23 727
-
-
health
8 805
11 042
-
-
total
45 136
56 597
-
-
Income
166 500
166 500
166 500
166 500
Total tax
64 406
64 921
62 753
59 573
After tax
102 094
101 579
103 747
106 927
Living cost
21 087
21 087
21 087
21 087
Free-cash
81 007
80 492
82 660
85 840

Estimated living cost  is ₽21087 per week

₽14112
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1300
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽485
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5188
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽57170
₽9063
₽50393
₽55627
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
166 500
income
-
-
-
43 728
surtax
-
-
-
196
unemployment
-
-
-
6 099
chamber of commerce
-
-
-
666
health
-
-
-
8 886
pensions
-
-
-
21 492
total
-
-
-
81 067
Employee
49 697
39 629
131 734
-
other
496
396
1 162
-
unemployment
1 491
1 189
3 486
-
pensions
5 090
4 057
11 896
-
income
5 658
2 923
34 602
-
health
1 923
1 534
4 495
-
total
14 658
10 099
55 641
-
Employer
49 697
39 629
131 734
-
chamber of commerce
198
159
527
-
health
1 878
1 498
4 391
-
pensions
6 237
4 974
14 580
-
accident
645
515
1 510
-
unemployment
1 491
1 189
3 486
-
surtax
196
196
196
-
payroll
1 491
1 189
3 952
-
other
2 361
1 881
6 124
-
total
14 497
11 601
34 766
-
Corporate
102 306
115 269
127 961
-
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.

25 576
28 816
31 990
-
total
25 576
28 816
31 990
-
Dividends
76 730
86 452
-
-
withholding
21 102
23 774
-
-
total
21 102
23 774
-
-
Income
166 500
166 500
166 500
166 500
Total tax
75 833
74 290
122 397
81 067
After tax
90 667
92 210
44 103
85 433
Living cost
35 040
35 040
35 040
35 040
Free-cash
55 627
57 170
9 063
50 393

Estimated living cost  is ₽35040 per week

₽23370
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2989
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.
₽8105
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽56879
₽22845
₽35870
₽41963
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
166 500
communal

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

-
-
-
8 503
social contributions
-
-
-
24 793
national
-
-
-
61 076
total
-
-
-
94 372
Employee

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

71 132
-
128 958
-
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.

619
-
1 123
-
communal

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

3 710
-
6 726
-
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.

5 335
-
9 671
-
national
21 869
-
46 274
-
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.

3 342
-
6 061
-
total
34 875
-
69 855
-
Employer

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

71 132
-
128 958
-
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.

4 374
-
7 932
-
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.

6 303
-
11 426
-
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.

925
-
1 676
-
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.

1 038
-
1 883
-
surtax
8 066
-
14 625
-
total
20 706
-
37 542
-
Corporate
74 663
166 500
-
-
income
14 933
33 300
-
-
surtax
298
666
-
-
total
15 231
33 966
-
-
Dividends
59 432
132 534
-
-
withholding

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

17 467
39 397
-
-
total
17 467
39 397
-
-
Income
166 500
166 500
166 500
166 500
Total tax
88 279
73 363
107 397
94 372
After tax
78 221
93 137
59 103
72 128
Living cost
36 258
36 258
36 258
36 258
Free-cash
41 963
56 879
22 845
35 870

Estimated living cost  is ₽36258 per week

₽23355
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3170
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽568
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9166
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽75176
₽53449
₽57624
₽68197
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
166 500
accident
-
-
-
830
income
-
-
-
45 312
other
-
-
-
92
unemployment
-
-
-
645
pensions
-
-
-
26 084
total
-
-
-
72 963
Employee
49 500
-
137 116
-
other
49
-
92
-
unemployment
768
-
1 429
-
pensions
2 327
-
4 333
-
income
10 444
-
41 899
-
total
13 588
-
47 753
-
Employer
49 500
-
137 116
-
pensions
11 681
-
21 753
-
accident
979
-
1 825
-
unemployment
2 723
-
5 069
-
other
394
-
738
-
total
15 777
-
29 385
-
Corporate
101 222
166 500
-
-
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
24 974
-
-
total
15 184
24 974
-
-
Dividends
86 038
141 526
-
-
withholding
17 841
30 437
-
-
total
17 841
30 437
-
-
Income
166 500
166 500
166 500
166 500
Total tax
62 390
55 411
77 138
72 963
After tax
104 110
111 089
89 362
93 537
Living cost
35 913
35 913
35 913
35 913
Free-cash
68 197
75 176
53 449
57 624

Estimated living cost  is ₽35913 per week

₽26446
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2548
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.
₽6401
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽43902
₽35886
₽29247
₽31588
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
166 500
communal
-
-
-
10 523
accident
-
-
-
1 404
income
-
-
-
26 376
surtax
-
-
-
8 254
health
-
-
-
11 698
pensions
-
-
-
24 957
total
-
-
-
83 212
Employee
75 307
-
148 727
-
pensions
6 024
-
11 898
-
surtax
4 616
-
9 115
-
income
7 274
-
31 169
-
health
3 352
-
6 618
-
total
21 266
-
58 800
-
Employer
75 307
-
148 727
-
health
2 297
-
4 537
-
pensions
6 024
-
11 898
-
accident
677
-
1 338
-
total
8 998
-
17 773
-
Corporate
82 195
166 500
-
-
communal
5 548
11 240
-
-
income
12 329
24 974
-
-
surtax
862
1 747
-
-
total
18 739
37 961
-
-
Dividends
63 456
128 539
-
-
income
22 349
11 315
-
-
withholding
9 519
19 281
-
-
total
31 868
30 596
-
-
Income
166 500
166 500
166 500
166 500
Total tax
80 871
68 557
76 573
83 212
After tax
85 629
97 943
89 927
83 288
Living cost
54 041
54 041
54 041
54 041
Free-cash
31 588
43 902
35 886
29 247

Estimated living cost  is ₽54041 per week

₽40539
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3274
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽572
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9654
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽82393
₽50405
₽56569
₽79230
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
166 500
income
-
-
-
44 674
other
-
-
-
-
surtax
-
-
-
6 729
unemployment
-
-
-
226
health
-
-
-
9 422
pensions
-
-
-
26 544
total
-
-
-
87 595
Employee
33 489
-
138 563
-
other
-
-
-
-
unemployment
2 331
-
9 237
-
pensions
2 234
-
8 852
-
surtax
119
-
5 624
-
income
5 614
-
38 725
-
health
855
-
3 384
-
total
11 153
-
65 822
-
Employer
33 489
-
138 563
-
health
1 523
-
6 039
-
pensions
4 465
-
17 692
-
unemployment
1 062
-
4 206
-
other
-
-
-
-
total
7 050
-
27 937
-
Corporate
125 961
166 500
-
-
income
32 749
43 290
-
-
total
32 749
43 290
-
-
Dividends
93 212
123 210
-
-
withholding
13 982
18 481
-
-
total
13 982
18 481
-
-
Income
166 500
166 500
166 500
166 500
Total tax
64 934
61 771
93 759
87 595
After tax
101 566
104 729
72 741
78 905
Living cost
22 336
22 336
22 336
22 336
Free-cash
79 230
82 393
50 405
56 569

Estimated living cost  is ₽22336 per week

₽13485
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1942
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽519
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6392
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽60728
₽45257
₽52740
₽58519
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
166 500
social contributions
-
-
-
42 824
regional
-
-
-
2 511
municipal
-
-
-
989
national
-
-
-
40 648
total
-
-
-
86 972
Employee
55 162
-
166 500
-
municipal
293
-
883
-
national
8 739
-
35 187
-
regional
743
-
2 241
-
social contributions
18 601
-
56 144
-
total
28 376
-
94 455
-
Employer
55 162
-
166 500
-
total
-
-
-
-
Corporate
111 338
166 500
-
-
municipal
5 533
8 275
-
-
nationa
26 722
39 960
-
-
total
32 255
48 235
-
-
Dividends
79 083
118 265
-
-
withholding
20 562
30 749
-
-
total
20 562
30 749
-
-
Income
166 500
166 500
166 500
166 500
Total tax
81 193
78 984
94 455
86 972
After tax
85 307
87 516
72 045
79 528
Living cost
26 788
26 788
26 788
26 788
Free-cash
58 519
60 728
45 257
52 740

Estimated living cost  is ₽26788 per week

₽16659
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2714
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽459
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6956
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽84173
₽54574
₽61720
₽73305
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
166 500
income
-
-
-
16 268
social contributions
-
-
-
35 572
solidarity contribution
-
-
-
-
health
-
-
-
22 478
total
-
-
-
74 318
Employee
44 798
-
124 811
-
solidarity contribution
-
-
-
-
social contributions
2 912
-
7 918
-
income
5 376
-
15 007
-
health
6 048
-
16 850
-
total
14 336
-
39 775
-
Employer
44 798
-
124 811
-
health
4 032
-
11 233
-
social contributions
11 199
-
30 456
-
total
15 231
-
41 689
-
Corporate
106 471
166 500
-
-
income
20 230
31 635
-
-
total
20 230
31 635
-
-
Dividends
86 242
134 865
-
-
withholding
12 936
20 230
-
-
total
12 936
20 230
-
-
Income
166 500
166 500
166 500
166 500
Total tax
62 733
51 865
81 464
74 318
After tax
103 767
114 635
85 036
92 182
Living cost
30 462
30 462
30 462
30 462
Free-cash
73 305
84 173
54 574
61 720

Estimated living cost  is ₽30462 per week

₽22654
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1688
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.
₽5594
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽60590
₽12437
₽53903
₽60095
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
166 500
income
-
-
-
43 728
surtax
-
-
-
-
unemployment
-
-
-
6 099
chamber of commerce
-
-
-
666
health
-
-
-
8 886
pensions
-
-
-
21 492
total
-
-
-
80 871
Employee
43 469
39 629
131 917
-
other
434
396
1 162
-
unemployment
1 304
1 189
3 486
-
pensions
4 452
4 057
11 896
-
income
3 872
2 923
34 679
-
health
1 681
1 534
4 495
-
total
11 743
10 099
55 718
-
Employer
43 469
39 629
131 917
-
chamber of commerce
174
159
528
-
health
1 644
1 498
4 391
-
pensions
5 456
4 974
14 580
-
accident
564
515
1 510
-
unemployment
1 304
1 189
3 486
-
surtax
-
-
-
-
payroll
1 304
1 189
3 957
-
other
2 065
1 881
6 131
-
total
12 511
11 405
34 583
-
Corporate
110 521
115 465
128 143
-
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.

27 631
28 865
32 036
-
total
27 631
28 865
32 036
-
Dividends
82 890
86 600
-
-
withholding
22 794
23 815
-
-
total
22 794
23 815
-
-
Income
166 500
166 500
166 500
166 500
Total tax
74 679
74 184
122 337
80 871
After tax
91 821
92 316
44 163
85 629
Living cost
31 726
31 726
31 726
31 726
Free-cash
60 095
60 590
12 437
53 903

Estimated living cost  is ₽31726 per week

₽19032
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3240
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽566
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8888
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽145602
₽120627
₽152262
₽143244
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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%.

-
-
-
166 500
microenterprise

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

-
-
-
1 665
total
-
-
-
1 665
Employee
15 717
-
166 500
-
income
3 144
-
33 300
-
total
3 144
-
33 300
-
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%.

150 783
166 500
-
-
total
-
-
-
-
Dividends
150 783
166 500
-
-
withholding
7 539
8 325
-
-
total
7 539
8 325
-
-
Income
166 500
166 500
166 500
166 500
Total tax
10 683
8 325
33 300
1 665
After tax
155 817
158 175
133 200
164 835
Living cost
12 573
12 573
12 573
12 573
Free-cash
143 244
145 602
120 627
152 262

Estimated living cost  is ₽12573 per week

₽8509
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽528
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽422
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3115
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽87961
₽50679
₽55087
₽79646
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
166 500
income
-
-
-
37 702
unemployment
-
-
-
249
health
-
-
-
16 382
pensions
-
-
-
30 407
total
-
-
-
84 740
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.

43 974
-
144 070
-
unemployment
62
-
202
-
pensions
6 816
-
22 330
-
income
7 583
-
34 881
-
health
2 840
-
9 305
-
total
17 301
-
66 718
-
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.

43 974
-
144 070
-
health
2 929
-
9 594
-
pensions
3 891
-
12 749
-
unemployment
26
-
87
-
total
6 846
-
22 430
-
Corporate
115 680
166 500
-
-
income
21 979
31 636
-
-
total
21 979
31 636
-
-
Dividends
93 700
134 864
-
-
withholding
14 055
20 230
-
-
total
14 055
20 230
-
-
Income
166 500
166 500
166 500
166 500
Total tax
60 181
51 866
89 148
84 740
After tax
106 319
114 634
77 352
81 760
Living cost
26 673
26 673
26 673
26 673
Free-cash
79 646
87 961
50 679
55 087

Estimated living cost  is ₽26673 per week

₽18305
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1710
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.
₽6143
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽57992
₽109989
₽71758
₽10251
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
166 500
income
-
-
-
32 454
social contributions
-
-
-
18 981
total
-
-
-
51 435
Employee
62 096
-
-
-
social contributions
5 092
-
726
-
income
13 697
-
-
-
total
18 789
-
726
-
Employer
62 096
-
-
-
social contributions
87 555
-
12 478
-
total
87 555
-
12 478
-
Corporate
16 849
166 500
-
-
income
3 707
36 630
-
-
total
3 707
36 630
-
-
Dividends
13 142
129 870
-
-
income
2 891
28 571
-
-
total
2 891
28 571
-
-
Income
166 500
166 500
166 500
166 500
Total tax
112 942
65 201
13 204
51 435
After tax
53 558
101 299
153 296
115 065
Living cost
43 307
43 307
43 307
43 307
Free-cash
10 251
57 992
109 989
71 758

Estimated living cost  is ₽43307 per week

₽28099
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4073
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽552
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10583
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽63513
₽45908
₽58329
₽62513
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
166 500
income
-
-
-
19 120
surtax
-
-
-
-
social contributions

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

-
-
-
57 859
total
-
-
-
76 979
Employee
45 736
-
134 545
-
surtax
-
-
-
-
social contributions
5 031
-
14 801
-
income
9 513
-
42 644
-
total
14 544
-
57 445
-
Employer
45 736
-
134 545
-
social contributions
10 862
-
31 955
-
total
10 862
-
31 955
-
Corporate
109 902
166 500
-
-
income
23 079
34 964
-
-
surtax
-
-
-
-
total
23 079
34 964
-
-
Dividends
86 822
131 536
-
-
withholding
24 310
36 831
-
-
total
24 310
36 831
-
-
Income
166 500
166 500
166 500
166 500
Total tax
72 795
71 795
89 400
76 979
After tax
93 705
94 705
77 100
89 521
Living cost
31 192
31 192
31 192
31 192
Free-cash
62 513
63 513
45 908
58 329

Estimated living cost  is ₽31192 per week

₽23338
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1840
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽521
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5493
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Lisbon model

Close
Paris , France
₽35888
₽44428
₽45940
₽42720
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
166 500
income
-
-
-
25 343
other
-
-
-
5 161
surtax
-
-
-
-
social contributions
-
-
-
4 742
health
-
-
-
6 769
pensions
-
-
-
30 515
total
-
-
-
72 530
Employee
62 283
-
129 501
-
pensions
7 045
-
8 737
-
surtax
-
-
-
-
social contributions
1 774
-
3 689
-
income
5 434
-
24 617
-
total
14 253
-
37 043
-
Employer
62 283
-
129 501
-
health
4 359
-
11 667
-
pensions
10 234
-
14 760
-
unemployment
2 523
-
5 244
-
social contributions
187
-
389
-
other
2 149
-
4 939
-
total
19 452
-
36 999
-
Corporate
84 765
166 500
-
-
income
23 734
46 619
-
-
surtax
-
-
-
-
total
23 734
46 619
-
-
Dividends
61 030
119 881
-
-
surtax
-
-
-
-
social contributions
10 498
20 619
-
-
withholding
7 813
15 344
-
-
total
18 311
35 963
-
-
Income
166 500
166 500
166 500
166 500
Total tax
75 750
82 582
74 042
72 530
After tax
90 750
83 918
92 458
93 970
Living cost
48 030
48 030
48 030
48 030
Free-cash
42 720
35 888
44 428
45 940

Estimated living cost  is ₽48030 per week

₽32506
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3929
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽659
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10936
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽119958
₽97455
₽93029
₽116617
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
166 500
income
-
-
-
6 948
social contributions
-
-
-
36 631
total
-
-
-
43 579
Employee
31 970
-
144 157
-
income
-
-
7 439
-
social contributions
2 078
-
9 371
-
total
2 078
-
16 810
-
Employer
31 970
-
144 157
-
social contributions
4 956
-
22 343
-
total
4 956
-
22 343
-
Corporate
129 575
166 500
-
-
income
12 957
16 650
-
-
total
12 957
16 650
-
-
Dividends
116 618
149 850
-
-
total
-
-
-
-
Income
166 500
166 500
166 500
166 500
Total tax
19 991
16 650
39 153
43 579
After tax
146 509
149 850
127 347
122 921
Living cost
29 892
29 892
29 892
29 892
Free-cash
116 617
119 958
97 455
93 029

Estimated living cost  is ₽29892 per week

₽19328
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2253
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽562
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7748
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽50066
-₽50066
₽50824
-₽50066
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
166 500
labour market
-
-
-
13 251
municipal
-
-
-
34 428
national
-
-
-
19 265
pensions
-
-
-
862
total
-
-
-
67 806
Employee
202 050
202 050
202 050
-
municipal
43 025
43 025
43 025
-
labour market
16 141
16 141
16 141
-
pensions
287
287
287
-
national
24 684
24 684
24 684
-
total
84 137
84 137
84 137
-
Employer
202 050
202 050
202 050
-
national
24 727
24 727
24 727
-
labour market
16 164
16 164
16 164
-
pensions
574
574
574
-
municipal
43 094
43 094
43 094
-
total
84 559
84 559
84 559
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
166 500
166 500
166 500
166 500
Total tax
168 696
168 696
168 696
67 806
After tax
-2 196
-2 196
-2 196
98 694
Living cost
47 870
47 870
47 870
47 870
Free-cash
-50 066
-50 066
-50 066
50 824

Estimated living cost  is ₽47870 per week

₽32763
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4235
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽736
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10136
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽8303
₽68278
₽92067
₽10145
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
166 500
accident
-
-
-
254
income
-
-
-
45 641
other
-
-
-
373
health
-
-
-
2 192
pensions
-
-
-
4 183
total
-
-
-
52 643
Employee
34 277
-
149 274
-
pensions
3 860
-
7 670
-
income
4 702
-
34 445
-
health
3 925
-
17 092
-
total
12 487
-
59 207
-
Employer
34 277
-
149 274
-
pensions
5 573
-
11 075
-
accident
572
-
2 493
-
unemployment
840
-
3 657
-
total
6 985
-
17 225
-
Corporate
125 237
166 500
-
-
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.

112 714
149 850
-
-
total
112 714
149 850
-
-
Dividends
12 524
16 650
-
-
withholding
2 379
3 163
-
-
total
2 379
3 163
-
-
Income
166 500
166 500
166 500
166 500
Total tax
134 565
153 013
76 432
52 643
After tax
31 935
13 487
90 068
113 857
Living cost
21 790
21 790
21 790
21 790
Free-cash
10 145
-8 303
68 278
92 067

Estimated living cost  is ₽21790 per week

₽15861
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1242
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽409
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4278
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽66691
₽49716
₽70472
₽68982
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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

-
-
-
166 500
health
-
-
-
2 149
municipal
-
-
-
29 582
national
-
-
-
26 118
total
-
-
-
57 849
Employee
52 319
-
140 069
-
municipal
8 569
-
22 819
-
unemployment
785
-
2 100
-
pensions
3 531
-
9 454
-
national
864
-
16 059
-
health
391
-
1 742
-
total
14 140
-
52 174
-
Employer
52 319
-
140 069
-
health
402
-
1 079
-
pensions
9 077
-
24 302
-
accident
53
-
140
-
unemployment
340
-
910
-
total
9 872
-
26 431
-
Corporate
104 310
166 500
-
-
income
20 862
33 300
-
-
total
20 862
33 300
-
-
Dividends

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

62 586
99 900
-
-
municipal
11 266
17 982
-
-
national
3 199
10 348
-
-
total
14 465
28 330
-
-
Income
166 500
166 500
166 500
166 500
Total tax
59 339
61 630
78 605
57 849
After tax
107 161
104 870
87 895
108 651
Living cost
38 179
38 179
38 179
38 179
Free-cash
68 982
66 691
49 716
70 472

Estimated living cost  is ₽38179 per week

₽24938
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3672
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽608
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8962
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽98467
₽89726
₽91212
₽93055
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
166 500
income
-
-
-
31 928
social contributions
-
-
-
16 090
health
-
-
-
4 246
total
-
-
-
52 264
Employee
76 467
76 467
155 072
-
social contributions
2 891
6 346
8 560
-
income
8 326
7 079
31 126
-
health
593
1 300
2 636
-
total
11 810
14 725
42 322
-
Employer
76 467
76 467
155 072
-
health
644
1 415
2 868
-
social contributions
2 891
6 346
8 560
-
total
3 535
7 761
11 428
-
Corporate
128 132
82 272
-
-
income
16 016
10 285
-
-
total
16 016
10 285
-
-
Dividends
112 116
71 987
-
-
withholding
19 060
12 238
-
-
total
19 060
12 238
-
-
Income
166 500
166 500
166 500
166 500
Total tax
50 421
45 009
53 750
52 264
After tax
116 079
121 491
112 750
114 236
Living cost
23 024
23 024
23 024
23 024
Free-cash
93 055
98 467
89 726
91 212

Estimated living cost  is ₽23024 per week

₽13799
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2259
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽510
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6458
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽122090
₽103945
₽123890
₽117033
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
166 500
income
-
-
-
16 869
unemployment
-
-
-
28
health
-
-
-
3 599
pensions
-
-
-
6 326
total
-
-
-
26 822
Employee

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

22 826
-
156 781
-
unemployment
113
-
472
-
pensions
3 423
-
14 153
-
income
1 561
-
14 403
-
health
1 940
-
8 020
-
total
7 037
-
37 048
-
Employer

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

22 826
-
156 781
-
health
981
-
4 057
-
pensions
1 255
-
5 190
-
unemployment
113
-
472
-
total
2 349
-
9 719
-
Corporate
141 325
166 500
-
-
income
12 719
14 986
-
-
total
12 719
14 986
-
-
Dividends
128 606
151 514
-
-
withholding
11 574
13 636
-
-
total
11 574
13 636
-
-
Income
166 500
166 500
166 500
166 500
Total tax
33 679
28 622
46 767
26 822
After tax
132 821
137 878
119 733
139 678
Living cost
15 788
15 788
15 788
15 788
Free-cash
117 033
122 090
103 945
123 890

Estimated living cost  is ₽15788 per week

₽10073
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1138
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽470
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4106
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽83743
₽62016
₽66191
₽79351
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
166 500
accident
-
-
-
830
income
-
-
-
45 312
other
-
-
-
92
unemployment
-
-
-
645
pensions
-
-
-
26 084
total
-
-
-
72 963
Employee
36 770
-
137 116
-
other
36
-
92
-
unemployment
570
-
1 429
-
pensions
1 729
-
4 333
-
income
7 089
-
41 899
-
total
9 424
-
47 753
-
Employer
36 770
-
137 116
-
pensions
8 677
-
21 753
-
accident
728
-
1 825
-
unemployment
2 023
-
5 069
-
other
294
-
738
-
total
11 722
-
29 385
-
Corporate
118 007
166 500
-
-
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.

17 701
24 974
-
-
total
17 701
24 974
-
-
Dividends
100 306
141 526
-
-
withholding
20 956
30 437
-
-
total
20 956
30 437
-
-
Income
166 500
166 500
166 500
166 500
Total tax
59 803
55 411
77 138
72 963
After tax
106 697
111 089
89 362
93 537
Living cost
27 346
27 346
27 346
27 346
Free-cash
79 351
83 743
62 016
66 191

Estimated living cost  is ₽27346 per week

₽18458
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2629
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽479
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5780
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽101959
₽105013
₽105151
₽101642
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
166 500
income
-
-
-
56 975
health
-
-
-
1 024
pensions
-
-
-
1 413
total
-
-
-
59 412
Employee
2 950
-
164 911
-
unemployment
30
-
71
-
pensions
265
-
636
-
income
571
-
56 901
-
health
147
-
353
-
total
1 013
-
57 961
-
Employer
2 950
-
164 911
-
health
280
-
671
-
pensions
324
-
777
-
unemployment
59
-
141
-
total
663
-
1 589
-
Corporate
162 886
166 500
-
-
income
35 835
36 630
-
-
total
35 835
36 630
-
-
Dividends
127 051
129 870
-
-
withholding
25 410
25 974
-
-
total
25 410
25 974
-
-
Income
166 500
166 500
166 500
166 500
Total tax
62 921
62 604
59 550
59 412
After tax
103 579
103 896
106 950
107 088
Living cost
1 937
1 937
1 937
1 937
Free-cash
101 642
101 959
105 013
105 151

Estimated living cost  is ₽1937 per week

₽1151
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽157
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽44
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽584
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽103091
₽84034
₽84034
₽98196
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
166 500
income
-
-
-
37 469
unemployment
-
-
-
1 103
health
-
-
-
7 573
pensions
-
-
-
19 116
total
-
-
-
65 261
Employee

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

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

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

25 945
-
153 339
-
unemployment
195
-
551
-
pensions
3 632
-
10 293
-
income
3 576
-
37 469
-
health
1 336
-
3 787
-
total
8 739
-
52 100
-
Employer

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

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

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

25 945
-
153 339
-
health
1 336
-
3 787
-
pensions
3 113
-
8 823
-
unemployment
195
-
551
-
total
4 644
-
13 161
-
Corporate
135 911
166 500
-
-
income
20 387
24 975
-
-
total
20 387
24 975
-
-
Dividends
115 525
141 525
-
-
withholding
17 329
21 229
-
-
total
17 329
21 229
-
-
Income
166 500
166 500
166 500
166 500
Total tax
51 099
46 204
65 261
65 261
After tax
115 401
120 296
101 239
101 239
Living cost
17 205
17 205
17 205
17 205
Free-cash
98 196
103 091
84 034
84 034

Estimated living cost  is ₽17205 per week

₽11584
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1331
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽498
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3792
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽67896
₽50291
₽62712
₽67539
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
166 500
income
-
-
-
19 120
surtax
-
-
-
-
social contributions

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

-
-
-
57 859
total
-
-
-
76 979
Employee
38 596
-
134 545
-
surtax
-
-
-
-
social contributions
4 246
-
14 801
-
income
7 541
-
42 644
-
total
11 787
-
57 445
-
Employer
38 596
-
134 545
-
social contributions
9 166
-
31 955
-
total
9 166
-
31 955
-
Corporate
118 738
166 500
-
-
income
24 934
34 964
-
-
surtax
-
-
-
-
total
24 934
34 964
-
-
Dividends
93 804
131 536
-
-
withholding
26 265
36 831
-
-
total
26 265
36 831
-
-
Income
166 500
166 500
166 500
166 500
Total tax
72 152
71 795
89 400
76 979
After tax
94 348
94 705
77 100
89 521
Living cost
26 809
26 809
26 809
26 809
Free-cash
67 539
67 896
50 291
62 712

Estimated living cost  is ₽26809 per week

₽18988
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1863
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽476
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5484
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽76140
₽54413
₽58588
₽69498
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
166 500
accident
-
-
-
830
income
-
-
-
45 312
other
-
-
-
92
unemployment
-
-
-
645
pensions
-
-
-
26 084
total
-
-
-
72 963
Employee
48 026
-
137 116
-
other
47
-
92
-
unemployment
744
-
1 429
-
pensions
2 257
-
4 333
-
income
10 031
-
41 899
-
total
13 079
-
47 753
-
Employer
48 026
-
137 116
-
pensions
11 334
-
21 753
-
accident
951
-
1 825
-
unemployment
2 642
-
5 069
-
other
385
-
738
-
total
15 312
-
29 385
-
Corporate
103 162
166 500
-
-
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.

15 474
24 974
-
-
total
15 474
24 974
-
-
Dividends
87 687
141 526
-
-
withholding
18 188
30 437
-
-
total
18 188
30 437
-
-
Income
166 500
166 500
166 500
166 500
Total tax
62 053
55 411
77 138
72 963
After tax
104 447
111 089
89 362
93 537
Living cost
34 949
34 949
34 949
34 949
Free-cash
69 498
76 140
54 413
58 588

Estimated living cost  is ₽34949 per week

₽25099
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2717
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽493
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6641
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽125252
₽121581
₽115145
₽119192
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
166 500
income
-
-
-
24 975
unemployment
-
-
-
139
health
-
-
-
3 994
pensions

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

-
-
-
5 141
total
-
-
-
34 249
Employee
22 651
-
159 685
-
accident

We are using the highest rate at 1.1%.

249
-
382
-
pensions

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

1 989
-
3 050
-
income
2 265
-
15 968
-
health
1 042
-
1 598
-
total
5 545
-
20 998
-
Employer
22 651
-
159 685
-
health
1 563
-
2 397
-
pensions

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

2 496
-
3 828
-
accident

We are using the highest rate at 1.1%.

249
-
382
-
unemployment
136
-
208
-
total
4 444
-
6 815
-
Corporate
139 405
166 500
-
-
income
13 940
16 650
-
-
total
13 940
16 650
-
-
Dividends
125 465
149 850
-
-
withholding
6 273
7 492
-
-
total
6 273
7 492
-
-
Income
166 500
166 500
166 500
166 500
Total tax
30 202
24 142
27 813
34 249
After tax
136 298
142 358
138 687
132 251
Living cost
17 106
17 106
17 106
17 106
Free-cash
119 192
125 252
121 581
115 145

Estimated living cost  is ₽17106 per week

₽11314
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽979
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.
₽4406
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽47313
₽68029
₽50771
₽60318
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
166 500
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.

-
-
-
50 507
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.

-
-
-
2 778
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.

-
-
-
6 794
trade
-
-
-
17 258
total
-
-
-
77 337
Employee

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

49 479
-
166 500
-
surtax

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

225
-
2 778
-
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.

4 069
-
50 507
-
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.

6 794
-
6 794
-
total
11 088
-
60 079
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
117 021
166 500
-
-
income
17 554
24 974
-
-
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.

966
1 374
-
-
chamber of commerce
323
394
-
-
trade
16 793
23 893
-
-
total
35 636
50 635
-
-
Dividends
81 385
115 865
-
-
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.

1 098
1 572
-
-
withholding
19 968
28 588
-
-
total
21 066
30 160
-
-
Income
166 500
166 500
166 500
166 500
Total tax
67 790
80 795
60 079
77 337
After tax
98 710
85 705
106 421
89 163
Living cost
38 392
38 392
38 392
38 392
Free-cash
60 318
47 313
68 029
50 771

Estimated living cost  is ₽38392 per week

₽26484
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4131
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽557
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7220
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽59903
₽32113
₽32113
₽62099
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
166 500
income
-
-
-
50 163
social contributions
-
-
-
27 577
total
-
-
-
77 740
Employee
77 786
-
166 500
-
income
14 678
-
50 163
-
social contributions
6 462
-
27 577
-
total
21 140
-
77 740
-
Employer
77 786
-
166 500
-
total
-
-
-
-
Corporate
88 714
166 500
-
-
income
11 089
20 813
-
-
total
11 089
20 813
-
-
Dividends
77 625
145 687
-
-
withholding
15 525
29 137
-
-
total
15 525
29 137
-
-
Income
166 500
166 500
166 500
166 500
Total tax
47 754
49 950
77 740
77 740
After tax
118 746
116 550
88 760
88 760
Living cost
56 647
56 647
56 647
56 647
Free-cash
62 099
59 903
32 113
32 113

Estimated living cost  is ₽56647 per week

₽43096
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4616
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽542
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8394
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽66874
₽82815
₽96071
₽70347
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
166 500
income
-
-
-
28 307
health

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

-
-
-
6 024
total
-
-
-
34 331
Employee
45 618
-
161 926
-
income
4 950
-
38 439
-
social contributions
4 571
-
4 574
-
total
9 521
-
43 013
-
Employer
45 618
-
161 926
-
social contributions
4 571
-
4 574
-
total
4 571
-
4 574
-
Corporate
116 311
166 500
-
-
income
40 709
58 274
-
-
total
40 709
58 274
-
-
Dividends
75 602
108 226
-
-
social contributions
5 254
5 254
-
-
total
5 254
5 254
-
-
Income
166 500
166 500
166 500
166 500
Total tax
60 055
63 528
47 587
34 331
After tax
106 445
102 972
118 913
132 169
Living cost
36 098
36 098
36 098
36 098
Free-cash
70 347
66 874
82 815
96 071

Estimated living cost  is ₽36098 per week

₽23778
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2846
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽553
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8920
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽73149
₽59230
₽74339
₽78985
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
166 500
income
-
-
-
46 835
pensions
-
-
-
8 725
total
-
-
-
55 560
Employee
50 240
-
145 513
-
pensions
3 835
-
10 782
-
income
9 149
-
36 762
-
health
655
-
2 138
-
total
13 639
-
49 682
-
Employer
50 240
-
145 513
-
health
955
-
2 765
-
pensions
5 076
-
18 222
-
total
6 031
-
20 987
-
Corporate
110 229
166 500
-
-
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.

20 944
31 636
-
-
total
20 944
31 636
-
-
Dividends
89 285
134 864
-
-
withholding
10 300
25 114
-
-
total
10 300
25 114
-
-
Income
166 500
166 500
166 500
166 500
Total tax
50 914
56 750
70 669
55 560
After tax
115 586
109 750
95 831
110 940
Living cost
36 601
36 601
36 601
36 601
Free-cash
78 985
73 149
59 230
74 339

Estimated living cost  is ₽36601 per week

₽25108
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3366
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽458
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7667
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽10460
₽66121
₽89910
₽9813
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
166 500
accident
-
-
-
254
income
-
-
-
45 641
other
-
-
-
373
health
-
-
-
2 192
pensions
-
-
-
4 183
total
-
-
-
52 643
Employee
37 670
-
149 274
-
pensions
4 242
-
7 670
-
income
5 168
-
34 445
-
health
4 313
-
17 092
-
total
13 723
-
59 207
-
Employer
37 670
-
149 274
-
pensions
6 125
-
11 075
-
accident
629
-
2 493
-
unemployment
923
-
3 657
-
total
7 677
-
17 225
-
Corporate
121 153
166 500
-
-
income

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

109 038
149 850
-
-
total
109 038
149 850
-
-
Dividends
12 115
16 650
-
-
withholding
2 302
3 163
-
-
total
2 302
3 163
-
-
Income
166 500
166 500
166 500
166 500
Total tax
132 740
153 013
76 432
52 643
After tax
33 760
13 487
90 068
113 857
Living cost
23 947
23 947
23 947
23 947
Free-cash
9 813
-10 460
66 121
89 910

Estimated living cost  is ₽23947 per week

₽17575
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1395
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽482
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4495
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽126624
₽103750
₽81796
₽121952
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
166 500
income
-
-
-
27 310
unemployment
-
-
-
1 916
work injury
-
-
-
798
health insurance
-
-
-
11 815
pensions
-
-
-
29 379
total
-
-
-
71 218
Employee

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

21 577
-
166 500
-
health insurance
1 597
-
5 908
-
unemployment
259
-
958
-
work injury
108
-
399
-
pensions
3 970
-
14 689
-
income
2 158
-
27 310
-
total
8 092
-
49 264
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
144 923
166 500
-
-
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%.

1 449
1 665
-
-
total
1 449
1 665
-
-
Dividends
143 473
164 835
-
-
withholding
21 521
24 725
-
-
total
21 521
24 725
-
-
Income
166 500
166 500
166 500
166 500
Total tax
31 062
26 390
49 264
71 218
After tax
135 438
140 110
117 236
95 282
Living cost
13 486
13 486
13 486
13 486
Free-cash
121 952
126 624
103 750
81 796

Estimated living cost  is ₽13486 per week

₽8355
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽980
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽421
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3730
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽48083
₽31187
₽38496
₽43561
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
166 500
social contributions
-
-
-
42 824
regional
-
-
-
3 803
municipal
-
-
-
1 113
national
-
-
-
40 648
total
-
-
-
88 388
Employee
83 797
-
166 500
-
municipal
500
-
993
-
national
14 161
-
35 187
-
regional
1 265
-
3 373
-
social contributions
28 256
-
56 144
-
total
44 182
-
95 697
-
Employer
83 797
-
166 500
-
total
-
-
-
-
Corporate
82 703
166 500
-
-
municipal
3 986
8 026
-
-
nationa
19 849
39 960
-
-
total
23 835
47 986
-
-
Dividends
58 869
118 514
-
-
withholding
15 306
30 815
-
-
total
15 306
30 815
-
-
Income
166 500
166 500
166 500
166 500
Total tax
83 323
78 801
95 697
88 388
After tax
83 177
87 699
70 803
78 112
Living cost
39 616
39 616
39 616
39 616
Free-cash
43 561
48 083
31 187
38 496

Estimated living cost  is ₽39616 per week

₽27827
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2725
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽598
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8464
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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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