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
₽77949
₽56866
₽58277
₽66760
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
52 457
trade
-
-
-
19 672
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.

-
-
-
6 112
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.

-
-
-
2 886
total
-
-
-
81 127
Employee

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

34 216
-
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.

53
-
2 886
-
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.

6 112
-
6 112
-
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.

956
-
52 457
-
total
7 121
-
61 455
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
132 284
166 500
-
-
income
19 842
24 976
-
-
trade
20 835
26 223
-
-
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.

1 092
1 373
-
-
chamber of commerce
326
375
-
-
total
42 095
52 947
-
-
Dividends
90 189
113 552
-
-
withholding
22 207
28 048
-
-
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.

1 221
1 543
-
-
total
23 428
29 591
-
-
Income
166 500
166 500
166 500
166 500
Total tax
72 644
82 538
61 455
81 127
After tax
93 856
83 962
105 045
85 373
Living cost
27 096
27 096
27 096
27 096
Free-cash
66 760
56 866
77 949
58 277

Estimated living cost  is ₽27096 per week

₽17044
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3159
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.
₽6387
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽51733
₽56810
₽50840
₽56026
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
pensions
-
-
-
19 980
social contributions
-
-
-
1 790
municipal
-
-
-
18 260
national
-
-
-
28 544
total
-
-
-
68 574
Employee
72 991
-
143 938
-
municipal
9 016
-
18 905
-
pensions
2 920
-
5 758
-
national
13 971
-
29 956
-
total
25 907
-
54 619
-
Employer
72 991
-
143 938
-
social contributions
785
-
1 547
-
pensions
5 839
-
11 515
-
total
6 624
-
13 062
-
Corporate
82 067
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%.

16 413
33 300
-
-
total
16 413
33 300
-
-
Dividends
65 654
133 200
-
-
withholding
14 444
29 304
-
-
total
14 444
29 304
-
-
Income
166 500
166 500
166 500
166 500
Total tax
63 388
62 604
67 681
68 574
After tax
103 112
103 896
98 819
97 926
Living cost
47 086
47 086
47 086
47 086
Free-cash
56 026
56 810
51 733
50 840

Estimated living cost  is ₽47086 per week

₽32004
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4377
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽705
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10000
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽51950
₽114590
₽39612
₽107250
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
31 544
microenterprise
-
-
-
-
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.

-
-
-
34 275
surtax
-
-
-
42 458
total
-
-
-
108 277
Employee
26 140
-
126 862
-
surtax
-
-
18 396
-
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.

2 876
-
11 727
-
income
4 653
-
26 177
-
total
7 529
-
56 300
-
Employer
26 140
-
126 862
-
surtax
-
-
13 955
-
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.

6 297
-
25 684
-
total
6 297
-
39 639
-
Corporate
134 063
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%.

26 813
33 299
-
-
total
26 813
33 299
-
-
Dividends

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

107 251
133 201
-
-
total
-
-
-
-
Income
166 500
166 500
166 500
166 500
Total tax
40 639
33 299
95 939
108 277
After tax
125 861
133 201
70 561
58 223
Living cost
18 611
18 611
18 611
18 611
Free-cash
107 250
114 590
51 950
39 612

Estimated living cost  is ₽18611 per week

₽11873
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1772
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽423
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4543
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽67519
₽45091
₽53826
₽39611
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
53 687
pensions
-
-
-
10 481
health
-
-
-
11 031
total
-
-
-
75 199
Employee
76 394
76 394
149 875
-
pensions
13 751
10 481
10 481
-
health
11 726
9 974
11 031
-
income

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

12 504
12 504
23 369
-
total
37 981
32 959
44 881
-
Employer
76 394
76 394
149 875
-
health
5 310
5 310
6 599
-
unemployment
2 750
2 750
3 417
-
pensions
5 317
5 317
6 609
-
total
13 377
13 377
16 625
-
Corporate
77 666
76 729
-
-
income
15 533
15 345
-
-
total
15 533
15 345
-
-
Dividends
62 132
61 384
-
-
income
13 203
13 045
-
-
withholding
9 320
9 208
-
-
total
22 523
22 253
-
-
Income
166 500
166 500
166 500
166 500
Total tax
89 414
83 934
61 506
75 199
After tax
77 086
82 566
104 994
91 301
Living cost
37 475
37 475
37 475
37 475
Free-cash
39 611
45 091
67 519
53 826

Estimated living cost  is ₽37475 per week

₽26558
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3378
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽596
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6943
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽47834
₽54484
₽48719
₽53666
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
pensions
-
-
-
8 630
other
-
-
-
9 277
unemployment
-
-
-
80
accident
-
-
-
160
health
-
-
-
4 981
municipal
-
-
-
42 754
national
-
-
-
15 474
total
-
-
-
81 356
Employee
51 903
-
141 417
-
municipal
15 477
-
42 171
-
national
-
-
14 985
-
total
15 477
-
57 156
-
Employer
51 903
-
141 417
-
accident
104
-
160
-
other
6 031
-
9 277
-
health
3 192
-
4 910
-
unemployment
1 370
-
2 108
-
pensions
5 611
-
8 630
-
total
16 308
-
25 085
-
Corporate
98 289
166 500
-
-
income
21 624
36 630
-
-
total
21 624
36 630
-
-
Dividends
76 666
129 870
-
-
withholding
23 000
38 961
-
-
total
23 000
38 961
-
-
Income
166 500
166 500
166 500
166 500
Total tax
76 409
75 591
82 241
81 356
After tax
90 091
90 909
84 259
85 144
Living cost
36 425
36 425
36 425
36 425
Free-cash
53 666
54 484
47 834
48 719

Estimated living cost  is ₽36425 per week

₽24141
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3574
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.
₽8157
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽69902
₽47962
₽49355
₽60531
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
52 457
trade
-
-
-
20 547
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.

-
-
-
6 112
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.

-
-
-
2 886
total
-
-
-
82 002
Employee

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

45 366
-
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.

214
-
2 886
-
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.

6 112
-
6 112
-
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.

3 898
-
52 457
-
total
10 224
-
61 455
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
121 134
166 500
-
-
income
18 170
24 976
-
-
trade
19 927
27 390
-
-
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.

1 000
1 373
-
-
chamber of commerce
307
372
-
-
total
39 404
54 111
-
-
Dividends
81 730
112 389
-
-
withholding
20 093
27 758
-
-
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.

1 105
1 526
-
-
total
21 198
29 284
-
-
Income
166 500
166 500
166 500
166 500
Total tax
70 826
83 395
61 455
82 002
After tax
95 674
83 105
105 045
84 498
Living cost
35 143
35 143
35 143
35 143
Free-cash
60 531
47 962
69 902
49 355

Estimated living cost  is ₽35143 per week

₽23504
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3706
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽525
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7409
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽82901
₽92419
₽84339
₽88707
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
34 425
social contributions
-
-
-
14 474
health
-
-
-
4 246
total
-
-
-
53 145
Employee
68 789
68 789
155 915
-
social contributions
3 343
5 709
7 700
-
health
684
1 170
2 650
-
income
7 223
6 368
33 649
-
total
11 250
13 247
43 999
-
Employer
68 789
68 789
155 915
-
health
745
1 273
2 884
-
social contributions
3 343
5 709
7 700
-
total
4 088
6 982
10 584
-
Corporate
122 146
90 728
-
-
income
15 269
11 340
-
-
total
15 269
11 340
-
-
Dividends
106 877
79 388
-
-
withholding
18 170
13 496
-
-
total
18 170
13 496
-
-
Income
166 500
166 500
166 500
166 500
Total tax
48 777
45 065
54 583
53 145
After tax
117 723
121 435
111 917
113 355
Living cost
29 016
29 016
29 016
29 016
Free-cash
88 707
92 419
82 901
84 339

Estimated living cost  is ₽29016 per week

₽19835
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2266
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽487
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6427
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Limassol model

Close
Budapest , Hungary
₽78415
₽75443
₽97236
₽75820
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
pensions
-
-
-
16 650
unemployment
-
-
-
2 497
health
-
-
-
11 655
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.

26 138
10 402
139 331
-
unemployment
392
156
2 090
-
pensions
2 614
1 040
13 933
-
health
1 830
728
9 753
-
income
3 195
1 272
17 033
-
total
8 031
3 196
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.

26 138
10 402
139 331
-
pensions
5 097
2 028
27 169
-
total
5 097
2 028
27 169
-
Corporate
135 265
154 069
-
-
income
12 174
13 866
-
-
total
12 174
13 866
-
-
Dividends
123 091
140 203
-
-
withholding
23 387
26 639
-
-
social contributions
23 884
27 221
-
-
total
47 271
53 860
-
-
Income
166 500
166 500
166 500
166 500
Total tax
72 573
72 950
69 978
51 157
After tax
93 927
93 550
96 522
115 343
Living cost
18 107
18 107
18 107
18 107
Free-cash
75 820
75 443
78 415
97 236

Estimated living cost  is ₽18107 per week

₽12356
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1482
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽362
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3907
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽74361
₽111594
₽67639
₽106034
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
22 310
pensions
-
-
-
33 299
health
-
-
-
21 645
total
-
-
-
77 254
Employee
25 378
-
124 441
-
unemployment
406
-
1 991
-
pensions
508
-
2 489
-
income
2 857
-
23 993
-
total
3 771
-
28 473
-
Employer
25 378
-
124 441
-
health
3 299
-
16 177
-
unemployment
204
-
995
-
pensions
5 076
-
24 887
-
total
8 579
-
42 059
-
Corporate
132 544
166 500
-
-
income
26 509
33 299
-
-
total
26 509
33 299
-
-
Dividends
106 035
133 201
-
-
total
-
-
-
-
Income
166 500
166 500
166 500
166 500
Total tax
38 859
33 299
70 532
77 254
After tax
127 641
133 201
95 968
89 246
Living cost
21 607
21 607
21 607
21 607
Free-cash
106 034
111 594
74 361
67 639

Estimated living cost  is ₽21607 per week

₽14820
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1287
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽435
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5066
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽70996
-₽6254
₽94049
₽10459
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
46 461
pensions
-
-
-
3 733
other
-
-
-
333
accident
-
-
-
227
health
-
-
-
1 957
total
-
-
-
52 711
Employee
31 052
-
150 417
-
pensions
3 497
-
6 846
-
health
3 555
-
17 223
-
income
4 260
-
35 613
-
total
11 312
-
59 682
-
Employer
31 052
-
150 417
-
accident
518
-
2 512
-
unemployment
761
-
3 685
-
pensions
5 049
-
9 885
-
total
6 328
-
16 082
-
Corporate
129 119
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.

116 208
149 850
-
-
total
116 208
149 850
-
-
Dividends
12 912
16 650
-
-
withholding
2 453
3 164
-
-
total
2 453
3 164
-
-
Income
166 500
166 500
166 500
166 500
Total tax
136 301
153 014
75 764
52 711
After tax
30 199
13 486
90 736
113 789
Living cost
19 740
19 740
19 740
19 740
Free-cash
10 459
-6 254
70 996
94 049

Estimated living cost  is ₽19740 per week

₽14468
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1094
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽412
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3767
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽125540
₽150514
₽157174
₽149078
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
9 575
-
166 500
-
income
1 915
-
33 300
-
total
1 915
-
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%.

156 925
166 500
-
-
total
-
-
-
-
Dividends
156 925
166 500
-
-
withholding
7 846
8 325
-
-
total
7 846
8 325
-
-
Income
166 500
166 500
166 500
166 500
Total tax
9 761
8 325
33 300
1 665
After tax
156 739
158 175
133 200
164 835
Living cost
7 660
7 660
7 660
7 660
Free-cash
149 078
150 514
125 540
157 174

Estimated living cost  is ₽7660 per week

₽4747
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽637
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽211
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2066
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽70316
₽98490
₽71002
₽92449
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
26 565
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.

-
-
-
32 649
other
-
-
-
6 461
health
-
-
-
5 986
total
-
-
-
71 661
Employee
32 481
-
132 987
-
unemployment
324
-
1 329
-
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.

2 273
-
9 308
-
health
455
-
1 862
-
income
5 592
-
26 336
-
total
8 644
-
38 835
-
Employer
32 481
-
132 987
-
accident
260
-
1 064
-
other
1 625
-
6 650
-
health
455
-
1 862
-
unemployment
324
-
1 329
-
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.

5 522
-
22 607
-
total
8 186
-
33 512
-
Corporate
125 833
166 500
-
-
income
26 425
34 965
-
-
total
26 425
34 965
-
-
Dividends
99 407
131 535
-
-
withholding
6 959
9 208
-
-
total
6 959
9 208
-
-
Income
166 500
166 500
166 500
166 500
Total tax
50 214
44 173
72 347
71 661
After tax
116 286
122 327
94 153
94 839
Living cost
23 837
23 837
23 837
23 837
Free-cash
92 449
98 490
70 316
71 002

Estimated living cost  is ₽23837 per week

₽16842
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1609
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽384
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5001
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽34610
₽47953
₽49636
₽52221
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
48 437
pensions
-
-
-
8 255
total
-
-
-
56 692
Employee
85 135
-
145 374
-
pensions
8 213
-
10 096
-
health
1 403
-
2 077
-
income
15 346
-
38 419
-
total
24 962
-
50 592
-
Employer
85 135
-
145 374
-
health
1 617
-
2 762
-
pensions
10 052
-
18 364
-
total
11 669
-
21 126
-
Corporate
69 697
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.

13 242
31 634
-
-
total
13 242
31 634
-
-
Dividends
56 454
134 866
-
-
withholding
4 234
26 741
-
-
total
4 234
26 741
-
-
Income
166 500
166 500
166 500
166 500
Total tax
54 107
58 375
71 718
56 692
After tax
112 393
108 125
94 782
109 808
Living cost
60 172
60 172
60 172
60 172
Free-cash
52 221
47 953
34 610
49 636

Estimated living cost  is ₽60172 per week

₽45088
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽7070
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽489
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7526
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽127844
₽130502
₽121236
₽126301
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
pensions

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

-
-
-
4 675
unemployment
-
-
-
126
health
-
-
-
3 632
total
-
-
-
33 408
Employee
15 699
-
160 303
-
pensions

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

1 378
-
2 773
-
health
722
-
1 453
-
accident

We are using the highest rate at 1.1%.

173
-
347
-
income
1 570
-
16 030
-
total
3 843
-
20 603
-
Employer
15 699
-
160 303
-
accident

We are using the highest rate at 1.1%.

173
-
347
-
health
1 084
-
2 179
-
unemployment
94
-
190
-
pensions

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

1 730
-
3 481
-
total
3 081
-
6 197
-
Corporate
147 720
166 500
-
-
income
14 772
16 650
-
-
total
14 772
16 650
-
-
Dividends
132 948
149 850
-
-
withholding
6 647
7 492
-
-
total
6 647
7 492
-
-
Income
166 500
166 500
166 500
166 500
Total tax
28 343
24 142
26 800
33 408
After tax
138 157
142 358
139 700
133 092
Living cost
11 856
11 856
11 856
11 856
Free-cash
126 301
130 502
127 844
121 236

Estimated living cost  is ₽11856 per week

₽6922
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽847
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽314
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3774
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽55388
₽32960
₽41695
₽35212
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
53 687
pensions
-
-
-
10 481
health
-
-
-
11 031
total
-
-
-
75 199
Employee
82 939
76 394
149 875
-
pensions
10 481
10 481
10 481
-
health
10 347
9 974
11 031
-
income

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

12 504
12 504
23 369
-
total
33 332
32 959
44 881
-
Employer
82 939
76 394
149 875
-
health
5 763
5 310
6 599
-
unemployment
2 986
2 750
3 417
-
pensions
5 772
5 317
6 609
-
total
14 521
13 377
16 625
-
Corporate
69 039
76 729
-
-
income
13 809
15 345
-
-
total
13 809
15 345
-
-
Dividends
55 231
61 384
-
-
income
11 736
13 045
-
-
withholding
8 284
9 208
-
-
total
20 020
22 253
-
-
Income
166 500
166 500
166 500
166 500
Total tax
81 682
83 934
61 506
75 199
After tax
84 818
82 566
104 994
91 301
Living cost
49 606
49 606
49 606
49 606
Free-cash
35 212
32 960
55 388
41 695

Estimated living cost  is ₽49606 per week

₽36593
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4431
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽569
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8015
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽65308
₽92288
₽72618
₽84315
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
16 780
solidarity contribution
-
-
-
122
social contributions
-
-
-
32 156
health
-
-
-
22 477
total
-
-
-
71 535
Employee
32 863
-
127 494
-
social contributions
2 136
-
7 158
-
solidarity contribution
-
-
-
-
health
4 437
-
17 212
-
income
3 944
-
15 469
-
total
10 517
-
39 839
-
Employer
32 863
-
127 494
-
health
2 958
-
11 475
-
social contributions
8 216
-
27 531
-
total
11 174
-
39 006
-
Corporate
122 463
166 500
-
-
income
23 268
31 635
-
-
total
23 268
31 635
-
-
Dividends
99 195
134 865
-
-
withholding
14 879
20 230
-
-
total
14 879
20 230
-
-
Income
166 500
166 500
166 500
166 500
Total tax
59 838
51 865
78 845
71 535
After tax
106 662
114 635
87 655
94 965
Living cost
22 347
22 347
22 347
22 347
Free-cash
84 315
92 288
65 308
72 618

Estimated living cost  is ₽22347 per week

₽15522
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1590
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽440
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4795
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽33784
₽51087
₽41306
₽46415
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
regional
-
-
-
1 975
social contributions
-
-
-
42 823
municipal
-
-
-
990
national
-
-
-
41 658
total
-
-
-
87 446
Employee
79 505
-
166 500
-
municipal
421
-
883
-
social contributions
26 809
-
56 144
-
regional
750
-
1 744
-
national
13 776
-
36 197
-
total
41 756
-
94 968
-
Employer
79 505
-
166 500
-
total
-
-
-
-
Corporate
86 995
166 500
-
-
nationa
20 879
39 961
-
-
municipal
3 394
6 493
-
-
total
24 273
46 454
-
-
Dividends
62 722
120 046
-
-
withholding
16 308
31 211
-
-
total
16 308
31 211
-
-
Income
166 500
166 500
166 500
166 500
Total tax
82 337
77 665
94 968
87 446
After tax
84 163
88 835
71 532
79 054
Living cost
37 748
37 748
37 748
37 748
Free-cash
46 415
51 087
33 784
41 306

Estimated living cost  is ₽37748 per week

₽26313
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2475
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.
₽8380
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽53464
₽84988
₽58933
₽82204
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
47 710
pensions
-
-
-
23 879
other
-
-
-
-
unemployment
-
-
-
204
health
-
-
-
8 476
surtax
-
-
-
7 558
total
-
-
-
87 827
Employee
29 583
-
141 368
-
unemployment
2 059
-
8 310
-
surtax
97
-
6 487
-
pensions
1 973
-
7 964
-
health
755
-
3 044
-
other
-
-
-
-
income
4 959
-
42 360
-
total
9 843
-
68 165
-
Employer
29 583
-
141 368
-
other
-
-
-
-
health
1 346
-
5 432
-
unemployment
937
-
3 784
-
pensions
3 944
-
15 915
-
total
6 227
-
25 131
-
Corporate
130 690
166 500
-
-
income
33 980
43 290
-
-
total
33 980
43 290
-
-
Dividends
96 710
123 210
-
-
withholding
14 506
18 482
-
-
total
14 506
18 482
-
-
Income
166 500
166 500
166 500
166 500
Total tax
64 556
61 772
93 296
87 827
After tax
101 944
104 728
73 204
78 673
Living cost
19 740
19 740
19 740
19 740
Free-cash
82 204
84 988
53 464
58 933

Estimated living cost  is ₽19740 per week

₽12070
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1822
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽455
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5393
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽53674
₽67017
₽68700
₽72960
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
48 437
pensions
-
-
-
8 255
total
-
-
-
56 692
Employee
57 055
-
145 374
-
pensions
4 843
-
10 096
-
health
828
-
2 077
-
income
10 276
-
38 419
-
total
15 947
-
50 592
-
Employer
57 055
-
145 374
-
health
1 084
-
2 762
-
pensions
6 176
-
18 364
-
total
7 260
-
21 126
-
Corporate
102 185
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.

19 414
31 634
-
-
total
19 414
31 634
-
-
Dividends
82 771
134 866
-
-
withholding
9 811
26 741
-
-
total
9 811
26 741
-
-
Income
166 500
166 500
166 500
166 500
Total tax
52 432
58 375
71 718
56 692
After tax
114 068
108 125
94 782
109 808
Living cost
41 108
41 108
41 108
41 108
Free-cash
72 960
67 017
53 674
68 700

Estimated living cost  is ₽41108 per week

₽30798
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3081
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽430
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6798
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽55107
₽4210
₽62666
₽34984
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
regional
-
-
-
8 278
pensions
-
-
-
15 318
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.

-
-
-
3 331
city
-
-
-
1 755
health
-
-
-
375
national
-
-
-
2 850
total
-
-
-
31 907
Employee
84 173
-
149 028
-
city
903
-
1 602
-
unemployment
-
-
-
-
pensions
7 072
-
12 518
-
regional
2 756
-
7 116
-
health
190
-
336
-
national
398
-
2 060
-
total
11 319
-
23 632
-
Employer
84 173
-
149 028
-
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.

1 683
-
2 980
-
health
190
-
336
-
unemployment
-
-
-
-
pensions
7 072
-
12 518
-
total
8 945
-
15 834
-
Corporate
72 457
166 500
-
-
national
6 159
14 153
-
-
regional
15 324
35 214
-
-
total
21 483
49 367
-
-
Dividends
50 974
117 133
-
-
withholding
17 842
40 996
-
-
total
17 842
40 996
-
-
Income
166 500
166 500
166 500
166 500
Total tax
59 589
90 363
39 466
31 907
After tax
106 911
76 137
127 034
134 593
Living cost
71 927
71 927
71 927
71 927
Free-cash
34 984
4 210
55 107
62 666

Estimated living cost  is ₽71927 per week

₽46773
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽6455
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽883
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽17816
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽64064
₽41269
₽42641
₽55775
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
52 457
trade
-
-
-
21 423
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.

-
-
-
6 112
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.

-
-
-
2 886
total
-
-
-
82 878
Employee

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

53 763
-
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.

348
-
2 886
-
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.

6 112
-
6 112
-
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.

6 322
-
52 457
-
total
12 782
-
61 455
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
112 737
166 500
-
-
income
16 910
24 976
-
-
trade
19 334
28 554
-
-
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.

930
1 373
-
-
chamber of commerce
294
370
-
-
total
37 468
55 273
-
-
Dividends
75 269
111 227
-
-
withholding
18 477
27 466
-
-
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.

1 017
1 511
-
-
total
19 494
28 977
-
-
Income
166 500
166 500
166 500
166 500
Total tax
69 744
84 250
61 455
82 878
After tax
96 756
82 250
105 045
83 622
Living cost
40 981
40 981
40 981
40 981
Free-cash
55 775
41 269
64 064
42 641

Estimated living cost  is ₽40981 per week

₽29931
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3278
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽533
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7240
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽59872
₽53307
₽63075
₽58591
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
26 754
pensions
-
-
-
28 838
social contributions
-
-
-
4 745
other
-
-
-
5 161
health
-
-
-
7 320
surtax
-
-
-
-
total
-
-
-
72 818
Employee
38 287
-
128 520
-
surtax
-
-
-
-
pensions
4 329
-
9 079
-
social contributions
1 092
-
3 662
-
income
2 260
-
25 301
-
total
7 681
-
38 042
-
Employer
38 287
-
128 520
-
other
1 321
-
5 073
-
health
2 681
-
12 059
-
unemployment
1 550
-
5 205
-
social contributions
115
-
385
-
pensions
6 290
-
15 257
-
total
11 957
-
37 979
-
Corporate
116 257
166 500
-
-
income
32 552
46 621
-
-
surtax
-
-
-
-
total
32 552
46 621
-
-
Dividends
83 704
119 879
-
-
withholding
10 714
15 345
-
-
surtax
-
-
-
-
social contributions
14 398
20 620
-
-
total
25 112
35 965
-
-
Income
166 500
166 500
166 500
166 500
Total tax
77 302
82 586
76 021
72 818
After tax
89 198
83 914
90 479
93 682
Living cost
30 607
30 607
30 607
30 607
Free-cash
58 591
53 307
59 872
63 075

Estimated living cost  is ₽30607 per week

₽19299
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2489
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.
₽8300
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽62905
₽56340
₽66108
₽61311
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
26 754
pensions
-
-
-
28 838
social contributions
-
-
-
4 745
other
-
-
-
5 161
health
-
-
-
7 320
surtax
-
-
-
-
total
-
-
-
72 818
Employee
34 176
-
128 520
-
surtax
-
-
-
-
pensions
3 866
-
9 079
-
social contributions
974
-
3 662
-
income
1 762
-
25 301
-
total
6 602
-
38 042
-
Employer
34 176
-
128 520
-
other
1 180
-
5 073
-
health
2 392
-
12 059
-
unemployment
1 384
-
5 205
-
social contributions
102
-
385
-
pensions
5 616
-
15 257
-
total
10 674
-
37 979
-
Corporate
121 651
166 500
-
-
income
34 061
46 621
-
-
surtax
-
-
-
-
total
34 061
46 621
-
-
Dividends
87 589
119 879
-
-
withholding
11 211
15 345
-
-
surtax
-
-
-
-
social contributions
15 067
20 620
-
-
total
26 278
35 965
-
-
Income
166 500
166 500
166 500
166 500
Total tax
77 615
82 586
76 021
72 818
After tax
88 885
83 914
90 479
93 682
Living cost
27 574
27 574
27 574
27 574
Free-cash
61 311
56 340
62 905
66 108

Estimated living cost  is ₽27574 per week

₽15992
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2801
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽523
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8259
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽84260
₽82612
₽87955
₽83074
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
24 976
social contributions
-
-
-
22 978
health
-
-
-
11 622
total
-
-
-
59 576
Employee
30 332
-
166 500
-
social contributions
4 186
-
22 978
-
health
2 117
-
11 622
-
income
5 059
-
28 671
-
total
11 362
-
63 271
-
Employer
30 332
-
166 500
-
total
-
-
-
-
Corporate
136 168
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%.

6 809
8 325
-
-
total
6 809
8 325
-
-
Dividends
129 359
158 175
-
-
withholding
19 404
23 726
-
-
health
9 030
11 040
-
-
social contributions
17 852
21 828
-
-
total
46 286
56 594
-
-
Income
166 500
166 500
166 500
166 500
Total tax
64 457
64 919
63 271
59 576
After tax
102 043
101 581
103 229
106 924
Living cost
18 969
18 969
18 969
18 969
Free-cash
83 074
82 612
84 260
87 955

Estimated living cost  is ₽18969 per week

₽12695
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1170
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽436
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4667
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽12494
₽60514
₽53959
₽59133
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
47 362
pensions
-
-
-
19 334
unemployment
-
-
-
5 487
health
-
-
-
7 994
chamber of commerce
-
-
-
665
surtax
-
-
-
177
total
-
-
-
81 019
Employee
44 707
35 650
134 087
-
unemployment
1 341
1 070
3 136
-
pensions
4 579
3 650
10 702
-
health
1 730
1 380
4 044
-
other
446
357
1 046
-
income
5 090
2 630
38 470
-
total
13 186
9 087
57 398
-
Employer
44 707
35 650
134 087
-
surtax
177
177
177
-
accident
581
463
1 358
-
other
2 124
1 693
6 117
-
health
1 689
1 348
3 950
-
unemployment
1 341
1 070
3 136
-
chamber of commerce
178
143
536
-
payroll
1 341
1 070
4 023
-
pensions
5 611
4 475
13 116
-
total
13 042
10 439
32 413
-
Corporate
108 751
120 412
130 692
-
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.

27 188
30 103
32 673
-
total
27 188
30 103
32 673
-
Dividends
81 564
90 310
-
-
withholding
22 429
24 835
-
-
total
22 429
24 835
-
-
Income
166 500
166 500
166 500
166 500
Total tax
75 845
74 464
122 484
81 019
After tax
90 655
92 036
44 016
85 481
Living cost
31 522
31 522
31 522
31 522
Free-cash
59 133
60 514
12 494
53 959

Estimated living cost  is ₽31522 per week

₽21024
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2689
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽518
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7291
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽25505
₽60484
₽39625
₽47063
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
8 651
social contributions
-
-
-
22 303
national
-
-
-
63 303
total
-
-
-
94 257
Employee

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

63 990
-
128 960
-
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.

557
-
1 122
-
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.

4 799
-
9 671
-
communal

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

3 338
-
6 726
-
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.

3 007
-
6 062
-
national
19 673
-
47 257
-
total
31 374
-
70 838
-
Employer

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

63 990
-
128 960
-
surtax
7 256
-
14 623
-
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.

832
-
1 677
-
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.

3 935
-
7 931
-
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.

934
-
1 883
-
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.

5 670
-
11 425
-
total
18 627
-
37 539
-
Corporate
83 883
166 500
-
-
income
16 776
33 299
-
-
surtax
336
665
-
-
total
17 112
33 964
-
-
Dividends
66 771
132 535
-
-
withholding

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

19 706
39 434
-
-
total
19 706
39 434
-
-
Income
166 500
166 500
166 500
166 500
Total tax
86 819
73 398
108 377
94 257
After tax
79 681
93 102
58 123
72 243
Living cost
32 618
32 618
32 618
32 618
Free-cash
47 063
60 484
25 505
39 625

Estimated living cost  is ₽32618 per week

₽21010
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2852
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽511
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8245
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽57278
₽78568
₽61032
₽72440
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
48 285
pensions
-
-
-
23 465
other
-
-
-
83
unemployment
-
-
-
581
accident
-
-
-
747
total
-
-
-
73 161
Employee
44 530
-
140 066
-
unemployment
691
-
1 285
-
pensions
2 093
-
3 898
-
other
44
-
83
-
income
9 396
-
45 214
-
total
12 224
-
50 480
-
Employer
44 530
-
140 066
-
accident
881
-
1 642
-
other
355
-
664
-
unemployment
2 450
-
4 560
-
pensions
10 508
-
19 569
-
total
14 194
-
26 435
-
Corporate
107 776
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.

16 167
24 976
-
-
total
16 167
24 976
-
-
Dividends
91 609
141 524
-
-
withholding
19 168
30 649
-
-
total
19 168
30 649
-
-
Income
166 500
166 500
166 500
166 500
Total tax
61 753
55 625
76 915
73 161
After tax
104 747
110 875
89 585
93 339
Living cost
32 307
32 307
32 307
32 307
Free-cash
72 440
78 568
57 278
61 032

Estimated living cost  is ₽32307 per week

₽23791
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2292
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽465
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5758
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽39342
₽48154
₽32706
₽36420
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
28 345
communal
-
-
-
10 522
pensions
-
-
-
24 957
accident
-
-
-
1 404
health
-
-
-
11 697
surtax
-
-
-
8 254
total
-
-
-
85 179
Employee
67 746
-
148 727
-
surtax
4 152
-
9 115
-
pensions
5 419
-
11 899
-
health
3 015
-
6 619
-
income
6 544
-
33 137
-
total
19 130
-
60 770
-
Employer
67 746
-
148 727
-
accident
609
-
1 338
-
health
2 066
-
4 536
-
pensions
5 419
-
11 899
-
total
8 094
-
17 773
-
Corporate
90 660
166 500
-
-
income
13 598
24 976
-
-
surtax
952
1 749
-
-
communal
6 120
11 238
-
-
total
20 670
37 963
-
-
Dividends
69 989
128 537
-
-
income
23 073
12 488
-
-
withholding
10 498
19 280
-
-
total
33 571
31 768
-
-
Income
166 500
166 500
166 500
166 500
Total tax
81 465
69 731
78 543
85 179
After tax
85 035
96 769
87 957
81 321
Living cost
48 615
48 615
48 615
48 615
Free-cash
36 420
48 154
39 342
32 706

Estimated living cost  is ₽48615 per week

₽36469
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2945
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽514
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8685
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽53111
₽84635
₽58580
₽81789
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
47 710
pensions
-
-
-
23 879
other
-
-
-
-
unemployment
-
-
-
204
health
-
-
-
8 476
surtax
-
-
-
7 558
total
-
-
-
87 827
Employee
30 126
-
141 368
-
unemployment
2 097
-
8 310
-
surtax
107
-
6 487
-
pensions
2 010
-
7 964
-
health
769
-
3 044
-
other
-
-
-
-
income
5 050
-
42 360
-
total
10 033
-
68 165
-
Employer
30 126
-
141 368
-
other
-
-
-
-
health
1 370
-
5 432
-
unemployment
956
-
3 784
-
pensions
4 017
-
15 915
-
total
6 343
-
25 131
-
Corporate
130 031
166 500
-
-
income
33 809
43 290
-
-
total
33 809
43 290
-
-
Dividends
96 223
123 210
-
-
withholding
14 433
18 482
-
-
total
14 433
18 482
-
-
Income
166 500
166 500
166 500
166 500
Total tax
64 618
61 772
93 296
87 827
After tax
101 882
104 728
73 204
78 673
Living cost
20 093
20 093
20 093
20 093
Free-cash
81 789
84 635
53 111
58 580

Estimated living cost  is ₽20093 per week

₽12131
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1747
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽467
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5750
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽46938
₽63418
₽54421
₽61432
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
regional
-
-
-
2 510
social contributions
-
-
-
42 823
municipal
-
-
-
990
national
-
-
-
41 658
total
-
-
-
87 981
Employee
49 624
-
166 500
-
municipal
263
-
883
-
social contributions
16 734
-
56 144
-
regional
668
-
2 240
-
national
7 862
-
36 197
-
total
25 527
-
95 464
-
Employer
49 624
-
166 500
-
total
-
-
-
-
Corporate
116 876
166 500
-
-
nationa
28 050
39 961
-
-
municipal
5 809
8 274
-
-
total
33 859
48 235
-
-
Dividends
83 017
118 265
-
-
withholding
21 584
30 749
-
-
total
21 584
30 749
-
-
Income
166 500
166 500
166 500
166 500
Total tax
80 970
78 984
95 464
87 981
After tax
85 530
87 516
71 036
78 519
Living cost
24 098
24 098
24 098
24 098
Free-cash
61 432
63 418
46 938
54 421

Estimated living cost  is ₽24098 per week

₽14987
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2441
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽413
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6258
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽60118
₽87098
₽67428
₽77274
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
16 780
solidarity contribution
-
-
-
122
social contributions
-
-
-
32 156
health
-
-
-
22 477
total
-
-
-
71 535
Employee
40 496
-
127 494
-
social contributions
2 632
-
7 158
-
solidarity contribution
-
-
-
-
health
5 467
-
17 212
-
income
4 859
-
15 469
-
total
12 958
-
39 839
-
Employer
40 496
-
127 494
-
health
3 645
-
11 475
-
social contributions
10 124
-
27 531
-
total
13 769
-
39 006
-
Corporate
112 235
166 500
-
-
income
21 325
31 635
-
-
total
21 325
31 635
-
-
Dividends
90 911
134 865
-
-
withholding
13 637
20 230
-
-
total
13 637
20 230
-
-
Income
166 500
166 500
166 500
166 500
Total tax
61 689
51 865
78 845
71 535
After tax
104 811
114 635
87 655
94 965
Living cost
27 537
27 537
27 537
27 537
Free-cash
77 274
87 098
60 118
67 428

Estimated living cost  is ₽27537 per week

₽20478
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1525
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.
₽5057
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽15521
₽63592
₽57118
₽63152
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
47 362
pensions
-
-
-
19 334
unemployment
-
-
-
5 487
health
-
-
-
7 994
chamber of commerce
-
-
-
665
surtax
-
-
-
-
total
-
-
-
80 842
Employee
39 105
35 650
134 253
-
unemployment
1 173
1 070
3 136
-
pensions
4 005
3 650
10 702
-
health
1 513
1 380
4 044
-
other
390
357
1 046
-
income
3 484
2 630
38 550
-
total
10 565
9 087
57 478
-
Employer
39 105
35 650
134 253
-
surtax
-
-
-
-
accident
508
463
1 358
-
other
1 857
1 693
6 123
-
health
1 479
1 348
3 950
-
unemployment
1 173
1 070
3 136
-
chamber of commerce
156
143
536
-
payroll
1 173
1 070
4 027
-
pensions
4 908
4 475
13 116
-
total
11 254
10 262
32 246
-
Corporate
116 142
120 589
130 858
-
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.

29 035
30 147
32 715
-
total
29 035
30 147
32 715
-
Dividends
87 107
90 442
-
-
withholding
23 954
24 872
-
-
total
23 954
24 872
-
-
Income
166 500
166 500
166 500
166 500
Total tax
74 808
74 368
122 439
80 842
After tax
91 692
92 132
44 061
85 658
Living cost
28 540
28 540
28 540
28 540
Free-cash
63 152
63 592
15 521
57 118

Estimated living cost  is ₽28540 per week

₽17121
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2915
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽509
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7996
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽121263
₽146238
₽152898
₽143999
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
14 922
-
166 500
-
income
2 985
-
33 300
-
total
2 985
-
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%.

151 578
166 500
-
-
total
-
-
-
-
Dividends
151 578
166 500
-
-
withholding
7 579
8 325
-
-
total
7 579
8 325
-
-
Income
166 500
166 500
166 500
166 500
Total tax
10 564
8 325
33 300
1 665
After tax
155 936
158 175
133 200
164 835
Living cost
11 937
11 937
11 937
11 937
Free-cash
143 999
146 238
121 263
152 898

Estimated living cost  is ₽11937 per week

₽8078
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽501
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽400
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2958
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽52461
₽90640
₽56871
₽83157
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
38 594
pensions
-
-
-
30 406
unemployment
-
-
-
250
health
-
-
-
16 384
total
-
-
-
85 634
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.

39 559
-
144 069
-
unemployment
56
-
202
-
pensions
6 132
-
22 331
-
health
2 555
-
9 306
-
income
6 822
-
35 774
-
total
15 565
-
67 613
-
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.

39 559
-
144 069
-
health
2 635
-
9 595
-
unemployment
24
-
87
-
pensions
3 501
-
12 749
-
total
6 160
-
22 431
-
Corporate
120 782
166 500
-
-
income
22 949
31 636
-
-
total
22 949
31 636
-
-
Dividends
97 834
134 864
-
-
withholding
14 674
20 229
-
-
total
14 674
20 229
-
-
Income
166 500
166 500
166 500
166 500
Total tax
59 348
51 865
90 044
85 634
After tax
107 152
114 635
76 456
80 866
Living cost
23 995
23 995
23 995
23 995
Free-cash
83 157
90 640
52 461
56 871

Estimated living cost  is ₽23995 per week

₽16467
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1538
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽465
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5526
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽113891
₽60982
₽74748
₽16538
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
57 808
-
-
-
social contributions
4 740
-
676
-
income
12 751
-
-
-
total
17 491
-
676
-
Employer
57 808
-
-
-
social contributions
81 510
-
11 616
-
total
81 510
-
11 616
-
Corporate
27 182
166 500
-
-
income
5 980
36 630
-
-
total
5 980
36 630
-
-
Dividends
21 202
129 870
-
-
income
4 664
28 571
-
-
total
4 664
28 571
-
-
Income
166 500
166 500
166 500
166 500
Total tax
109 645
65 201
12 292
51 435
After tax
56 855
101 299
154 208
115 065
Living cost
40 317
40 317
40 317
40 317
Free-cash
16 538
60 982
113 891
74 748

Estimated living cost  is ₽40317 per week

₽26159
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3792
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽514
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9852
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽47912
₽66645
₽60536
₽65745
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
20 045
social contributions

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

-
-
-
57 859
surtax
-
-
-
-
total
-
-
-
77 904
Employee
41 144
-
134 545
-
surtax
-
-
-
-
social contributions
4 526
-
14 800
-
income
8 558
-
43 773
-
total
13 084
-
58 573
-
Employer
41 144
-
134 545
-
social contributions
9 772
-
31 955
-
total
9 772
-
31 955
-
Corporate
115 584
166 500
-
-
income
24 273
34 965
-
-
surtax
-
-
-
-
total
24 273
34 965
-
-
Dividends
91 312
131 535
-
-
withholding
25 566
36 830
-
-
total
25 566
36 830
-
-
Income
166 500
166 500
166 500
166 500
Total tax
72 695
71 795
90 528
77 904
After tax
93 805
94 705
75 972
88 596
Living cost
28 060
28 060
28 060
28 060
Free-cash
65 745
66 645
47 912
60 536

Estimated living cost  is ₽28060 per week

₽20995
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1655
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽469
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4942
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽47272
₽40707
₽50475
₽46858
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
26 754
pensions
-
-
-
28 838
social contributions
-
-
-
4 745
other
-
-
-
5 161
health
-
-
-
7 320
surtax
-
-
-
-
total
-
-
-
72 818
Employee
56 029
-
128 520
-
surtax
-
-
-
-
pensions
6 337
-
9 079
-
social contributions
1 596
-
3 662
-
income
4 889
-
25 301
-
total
12 822
-
38 042
-
Employer
56 029
-
128 520
-
other
1 934
-
5 073
-
health
3 922
-
12 059
-
unemployment
2 270
-
5 205
-
social contributions
168
-
385
-
pensions
9 206
-
15 257
-
total
17 500
-
37 979
-
Corporate
92 971
166 500
-
-
income
26 032
46 621
-
-
surtax
-
-
-
-
total
26 032
46 621
-
-
Dividends
66 940
119 879
-
-
withholding
8 568
15 345
-
-
surtax
-
-
-
-
social contributions
11 513
20 620
-
-
total
20 081
35 965
-
-
Income
166 500
166 500
166 500
166 500
Total tax
76 435
82 586
76 021
72 818
After tax
90 065
83 914
90 479
93 682
Living cost
43 207
43 207
43 207
43 207
Free-cash
46 858
40 707
47 272
50 475

Estimated living cost  is ₽43207 per week

₽29242
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3534
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽592
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9838
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽99849
₽122959
₽95425
₽119954
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
7 554
social contributions
-
-
-
36 630
total
-
-
-
44 184
Employee
28 760
-
144 156
-
income
-
-
8 047
-
social contributions
1 869
-
9 369
-
total
1 869
-
17 416
-
Employer
28 760
-
144 156
-
social contributions
4 458
-
22 344
-
total
4 458
-
22 344
-
Corporate
133 282
166 500
-
-
income
13 328
16 650
-
-
total
13 328
16 650
-
-
Dividends
119 954
149 850
-
-
total
-
-
-
-
Income
166 500
166 500
166 500
166 500
Total tax
19 655
16 650
39 760
44 184
After tax
146 845
149 850
126 740
122 316
Living cost
26 891
26 891
26 891
26 891
Free-cash
119 954
122 959
99 849
95 425

Estimated living cost  is ₽26891 per week

₽17387
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2027
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.
₽6971
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽27952
-₽27952
₽54679
-₽27952
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
pensions
-
-
-
774
labour market
-
-
-
13 258
municipal
-
-
-
34 959
national
-
-
-
19 848
total
-
-
-
68 839
Employee
181 418
181 418
181 418
-
municipal
38 632
38 632
38 632
-
labour market
14 493
14 493
14 493
-
pensions
258
258
258
-
national
22 163
22 163
22 163
-
total
75 546
75 546
75 546
-
Employer
181 418
181 418
181 418
-
municipal
38 693
38 693
38 693
-
national
22 202
22 202
22 202
-
labour market
14 513
14 513
14 513
-
pensions
516
516
516
-
total
75 924
75 924
75 924
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
166 500
166 500
166 500
166 500
Total tax
151 470
151 470
151 470
68 839
After tax
15 030
15 030
15 030
97 661
Living cost
42 982
42 982
42 982
42 982
Free-cash
-27 952
-27 952
-27 952
54 679

Estimated living cost  is ₽42982 per week

₽29417
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3802
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽661
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9101
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽71287
-₽5963
₽94340
₽10503
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
46 461
pensions
-
-
-
3 733
other
-
-
-
333
accident
-
-
-
227
health
-
-
-
1 957
total
-
-
-
52 711
Employee
30 595
-
150 417
-
pensions
3 445
-
6 846
-
health
3 503
-
17 223
-
income
4 197
-
35 613
-
total
11 145
-
59 682
-
Employer
30 595
-
150 417
-
accident
511
-
2 512
-
unemployment
750
-
3 685
-
pensions
4 975
-
9 885
-
total
6 236
-
16 082
-
Corporate
129 670
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.

116 703
149 850
-
-
total
116 703
149 850
-
-
Dividends
12 967
16 650
-
-
withholding
2 464
3 164
-
-
total
2 464
3 164
-
-
Income
166 500
166 500
166 500
166 500
Total tax
136 548
153 014
75 764
52 711
After tax
29 952
13 486
90 736
113 789
Living cost
19 449
19 449
19 449
19 449
Free-cash
10 503
-5 963
71 287
94 340

Estimated living cost  is ₽19449 per week

₽14157
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1109
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.
₽3818
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽52432
₽69435
₽71749
₽71896
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
2 190
municipal
-
-
-
29 576
national
-
-
-
28 640
total
-
-
-
60 406
Employee
47 066
-
140 069
-
unemployment
706
-
2 102
-
municipal
7 709
-
22 811
-
pensions
3 176
-
9 454
-
health
351
-
1 784
-
national
778
-
17 141
-
total
12 720
-
53 292
-
Employer
47 066
-
140 069
-
accident
48
-
141
-
health
362
-
1 078
-
unemployment
306
-
910
-
pensions
8 166
-
24 302
-
total
8 882
-
26 431
-
Corporate
110 554
166 500
-
-
income
22 110
33 299
-
-
total
22 110
33 299
-
-
Dividends

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

66 333
99 901
-
-
municipal
11 940
17 981
-
-
national
4 607
11 440
-
-
total
16 547
29 421
-
-
Income
166 500
166 500
166 500
166 500
Total tax
60 259
62 720
79 723
60 406
After tax
106 241
103 780
86 777
106 094
Living cost
34 345
34 345
34 345
34 345
Free-cash
71 896
69 435
52 432
71 749

Estimated living cost  is ₽34345 per week

₽22434
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3304
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽547
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8062
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽91205
₽100723
₽92643
₽95853
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
34 425
social contributions
-
-
-
14 474
health
-
-
-
4 246
total
-
-
-
53 145
Employee
68 789
68 789
155 915
-
social contributions
2 601
5 709
7 700
-
health
533
1 170
2 650
-
income
7 490
6 368
33 649
-
total
10 624
13 247
43 999
-
Employer
68 789
68 789
155 915
-
health
579
1 273
2 884
-
social contributions
2 601
5 709
7 700
-
total
3 180
6 982
10 584
-
Corporate
131 984
90 728
-
-
income
16 498
11 340
-
-
total
16 498
11 340
-
-
Dividends
115 487
79 388
-
-
withholding
19 633
13 496
-
-
total
19 633
13 496
-
-
Income
166 500
166 500
166 500
166 500
Total tax
49 935
45 065
54 583
53 145
After tax
116 565
121 435
111 917
113 355
Living cost
20 712
20 712
20 712
20 712
Free-cash
95 853
100 723
91 205
92 643

Estimated living cost  is ₽20712 per week

₽12413
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2032
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.
₽5809
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽108386
₽123675
₽126331
₽119124
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
17 014
pensions
-
-
-
5 690
unemployment
-
-
-
25
health
-
-
-
3 237
total
-
-
-
25 966
Employee

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

20 534
-
157 757
-
unemployment
102
-
424
-
pensions
3 080
-
12 732
-
health
1 745
-
7 215
-
income
1 404
-
14 797
-
total
6 331
-
35 168
-
Employer

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

20 534
-
157 757
-
health
883
-
3 650
-
unemployment
102
-
424
-
pensions
1 129
-
4 669
-
total
2 114
-
8 743
-
Corporate
143 853
166 500
-
-
income
12 946
14 985
-
-
total
12 946
14 985
-
-
Dividends
130 906
151 515
-
-
withholding
11 782
13 637
-
-
total
11 782
13 637
-
-
Income
166 500
166 500
166 500
166 500
Total tax
33 173
28 622
43 911
25 966
After tax
133 327
137 878
122 589
140 534
Living cost
14 203
14 203
14 203
14 203
Free-cash
119 124
123 675
108 386
126 331

Estimated living cost  is ₽14203 per week

₽9062
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1024
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽423
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3694
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽64985
₽86275
₽68739
₽82326
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
48 285
pensions
-
-
-
23 465
other
-
-
-
83
unemployment
-
-
-
581
accident
-
-
-
747
total
-
-
-
73 161
Employee
33 078
-
140 066
-
unemployment
513
-
1 285
-
pensions
1 555
-
3 898
-
other
32
-
83
-
income
6 377
-
45 214
-
total
8 477
-
50 480
-
Employer
33 078
-
140 066
-
accident
655
-
1 642
-
other
265
-
664
-
unemployment
1 820
-
4 560
-
pensions
7 806
-
19 569
-
total
10 546
-
26 435
-
Corporate
122 876
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.

18 431
24 976
-
-
total
18 431
24 976
-
-
Dividends
104 445
141 524
-
-
withholding
22 120
30 649
-
-
total
22 120
30 649
-
-
Income
166 500
166 500
166 500
166 500
Total tax
59 574
55 625
76 915
73 161
After tax
106 926
110 875
89 585
93 339
Living cost
24 600
24 600
24 600
24 600
Free-cash
82 326
86 275
64 985
68 739

Estimated living cost  is ₽24600 per week

₽16605
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2365
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽431
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5200
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽105591
₽102307
₽105703
₽102046
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
57 209
pensions
-
-
-
1 159
health
-
-
-
840
total
-
-
-
59 208
Employee
2 420
-
165 196
-
unemployment
24
-
58
-
pensions
218
-
521
-
health
121
-
290
-
income
468
-
57 148
-
total
831
-
58 017
-
Employer
2 420
-
165 196
-
health
230
-
550
-
unemployment
48
-
116
-
pensions
266
-
637
-
total
544
-
1 303
-
Corporate
163 536
166 500
-
-
income
35 978
36 630
-
-
total
35 978
36 630
-
-
Dividends
127 558
129 870
-
-
withholding
25 512
25 974
-
-
total
25 512
25 974
-
-
Income
166 500
166 500
166 500
166 500
Total tax
62 865
62 604
59 320
59 208
After tax
103 635
103 896
107 180
107 292
Living cost
1 589
1 589
1 589
1 589
Free-cash
102 046
102 307
105 591
105 703

Estimated living cost  is ₽1589 per week

₽944
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽129
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽36
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽479
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽88212
₽104851
₽88212
₽100457
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
37 894
pensions
-
-
-
17 161
unemployment
-
-
-
990
health
-
-
-
6 798
total
-
-
-
62 843
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.

23 291
-
154 685
-
unemployment
175
-
495
-
pensions
3 261
-
9 241
-
health
1 199
-
3 399
-
income
3 210
-
37 894
-
total
7 845
-
51 029
-
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.

23 291
-
154 685
-
health
1 199
-
3 399
-
unemployment
175
-
495
-
pensions
2 795
-
7 920
-
total
4 169
-
11 814
-
Corporate
139 040
166 500
-
-
income
20 856
24 975
-
-
total
20 856
24 975
-
-
Dividends
118 184
141 525
-
-
withholding
17 728
21 229
-
-
total
17 728
21 229
-
-
Income
166 500
166 500
166 500
166 500
Total tax
50 598
46 204
62 843
62 843
After tax
115 902
120 296
103 657
103 657
Living cost
15 445
15 445
15 445
15 445
Free-cash
100 457
104 851
88 212
88 212

Estimated living cost  is ₽15445 per week

₽10399
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1195
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽447
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3404
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽51855
₽70588
₽64479
₽70267
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
20 045
social contributions

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

-
-
-
57 859
surtax
-
-
-
-
total
-
-
-
77 904
Employee
34 721
-
134 545
-
surtax
-
-
-
-
social contributions
3 820
-
14 800
-
income
6 784
-
43 773
-
total
10 604
-
58 573
-
Employer
34 721
-
134 545
-
social contributions
8 245
-
31 955
-
total
8 245
-
31 955
-
Corporate
123 534
166 500
-
-
income
25 942
34 965
-
-
surtax
-
-
-
-
total
25 942
34 965
-
-
Dividends
97 592
131 535
-
-
withholding
27 325
36 830
-
-
total
27 325
36 830
-
-
Income
166 500
166 500
166 500
166 500
Total tax
72 116
71 795
90 528
77 904
After tax
94 384
94 705
75 972
88 596
Living cost
24 117
24 117
24 117
24 117
Free-cash
70 267
70 588
51 855
64 479

Estimated living cost  is ₽24117 per week

₽17082
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1676
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽428
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4933
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽58145
₽79435
₽61899
₽73583
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
48 285
pensions
-
-
-
23 465
other
-
-
-
83
unemployment
-
-
-
581
accident
-
-
-
747
total
-
-
-
73 161
Employee
43 204
-
140 066
-
unemployment
669
-
1 285
-
pensions
2 030
-
3 898
-
other
42
-
83
-
income
9 024
-
45 214
-
total
11 765
-
50 480
-
Employer
43 204
-
140 066
-
accident
856
-
1 642
-
other
346
-
664
-
unemployment
2 377
-
4 560
-
pensions
10 196
-
19 569
-
total
13 775
-
26 435
-
Corporate
109 521
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.

16 428
24 976
-
-
total
16 428
24 976
-
-
Dividends
93 093
141 524
-
-
withholding
19 509
30 649
-
-
total
19 509
30 649
-
-
Income
166 500
166 500
166 500
166 500
Total tax
61 477
55 625
76 915
73 161
After tax
105 023
110 875
89 585
93 339
Living cost
31 440
31 440
31 440
31 440
Free-cash
73 583
79 435
58 145
61 899

Estimated living cost  is ₽31440 per week

₽22579
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2445
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽443
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5974
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽124144
₽126802
₽117536
₽121291
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
pensions

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

-
-
-
4 675
unemployment
-
-
-
126
health
-
-
-
3 632
total
-
-
-
33 408
Employee
20 598
-
160 303
-
pensions

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

1 808
-
2 773
-
health
948
-
1 453
-
accident

We are using the highest rate at 1.1%.

226
-
347
-
income
2 060
-
16 030
-
total
5 042
-
20 603
-
Employer
20 598
-
160 303
-
accident

We are using the highest rate at 1.1%.

226
-
347
-
health
1 421
-
2 179
-
unemployment
124
-
190
-
pensions

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

2 270
-
3 481
-
total
4 041
-
6 197
-
Corporate
141 861
166 500
-
-
income
14 186
16 650
-
-
total
14 186
16 650
-
-
Dividends
127 675
149 850
-
-
withholding
6 384
7 492
-
-
total
6 384
7 492
-
-
Income
166 500
166 500
166 500
166 500
Total tax
29 653
24 142
26 800
33 408
After tax
136 847
142 358
139 700
133 092
Living cost
15 556
15 556
15 556
15 556
Free-cash
121 291
126 802
124 144
117 536

Estimated living cost  is ₽15556 per week

₽10288
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽891
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽371
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4006
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽70508
₽51137
₽52584
₽62839
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
52 457
trade
-
-
-
17 924
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.

-
-
-
6 112
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.

-
-
-
2 886
total
-
-
-
79 379
Employee

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

44 511
-
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.

202
-
2 886
-
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.

6 112
-
6 112
-
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.

3 660
-
52 457
-
total
9 974
-
61 455
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
121 989
166 500
-
-
income
18 299
24 976
-
-
trade
17 506
23 893
-
-
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.

1 007
1 373
-
-
chamber of commerce
314
380
-
-
total
37 126
50 622
-
-
Dividends
84 863
115 878
-
-
withholding
20 876
28 629
-
-
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.

1 148
1 575
-
-
total
22 024
30 204
-
-
Income
166 500
166 500
166 500
166 500
Total tax
69 124
80 826
61 455
79 379
After tax
97 376
85 674
105 045
87 121
Living cost
34 537
34 537
34 537
34 537
Free-cash
62 839
51 137
70 508
52 584

Estimated living cost  is ₽34537 per week

₽23825
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3716
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽501
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6495
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽35742
₽65591
₽35742
₽67566
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
51 814
social contributions
-
-
-
27 985
total
-
-
-
79 799
Employee
69 976
-
166 500
-
income
13 204
-
51 814
-
social contributions
5 814
-
27 985
-
total
19 018
-
79 799
-
Employer
69 976
-
166 500
-
total
-
-
-
-
Corporate
96 524
166 500
-
-
income
12 065
20 813
-
-
total
12 065
20 813
-
-
Dividends
84 459
145 687
-
-
withholding
16 892
29 137
-
-
total
16 892
29 137
-
-
Income
166 500
166 500
166 500
166 500
Total tax
47 975
49 950
79 799
79 799
After tax
118 525
116 550
86 701
86 701
Living cost
50 959
50 959
50 959
50 959
Free-cash
67 566
65 591
35 742
35 742

Estimated living cost  is ₽50959 per week

₽38769
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4152
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽487
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7551
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽85367
₽71025
₽102979
₽74150
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
25 465
health

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

-
-
-
5 582
total
-
-
-
31 047
Employee
41 038
-
162 385
-
income
4 453
-
40 429
-
social contributions
4 112
-
4 115
-
total
8 565
-
44 544
-
Employer
41 038
-
162 385
-
social contributions
4 112
-
4 115
-
total
4 112
-
4 115
-
Corporate
121 350
166 500
-
-
income
42 473
58 275
-
-
total
42 473
58 275
-
-
Dividends
78 877
108 225
-
-
social contributions
4 726
4 726
-
-
total
4 726
4 726
-
-
Income
166 500
166 500
166 500
166 500
Total tax
59 876
63 001
48 659
31 047
After tax
106 624
103 499
117 841
135 453
Living cost
32 474
32 474
32 474
32 474
Free-cash
74 150
71 025
85 367
102 979

Estimated living cost  is ₽32474 per week

₽21390
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2560
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽497
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8025
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽61363
₽74706
₽76388
₽80032
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
48 437
pensions
-
-
-
8 255
total
-
-
-
56 692
Employee
45 873
-
145 374
-
pensions
3 501
-
10 096
-
health
598
-
2 077
-
income
8 354
-
38 419
-
total
12 453
-
50 592
-
Employer
45 873
-
145 374
-
health
872
-
2 762
-
pensions
4 635
-
18 364
-
total
5 507
-
21 126
-
Corporate
115 121
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.

21 873
31 634
-
-
total
21 873
31 634
-
-
Dividends
93 247
134 866
-
-
withholding
13 215
26 741
-
-
total
13 215
26 741
-
-
Income
166 500
166 500
166 500
166 500
Total tax
53 048
58 375
71 718
56 692
After tax
113 452
108 125
94 782
109 808
Living cost
33 420
33 420
33 420
33 420
Free-cash
80 032
74 706
61 363
76 388

Estimated living cost  is ₽33420 per week

₽22926
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3073
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽418
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7001
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽69362
-₽7888
₽92415
₽10207
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
46 461
pensions
-
-
-
3 733
other
-
-
-
333
accident
-
-
-
227
health
-
-
-
1 957
total
-
-
-
52 711
Employee
33 623
-
150 417
-
pensions
3 786
-
6 846
-
health
3 850
-
17 223
-
income
4 613
-
35 613
-
total
12 249
-
59 682
-
Employer
33 623
-
150 417
-
accident
561
-
2 512
-
unemployment
824
-
3 685
-
pensions
5 467
-
9 885
-
total
6 852
-
16 082
-
Corporate
126 025
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.

113 423
149 850
-
-
total
113 423
149 850
-
-
Dividends
12 602
16 650
-
-
withholding
2 395
3 164
-
-
total
2 395
3 164
-
-
Income
166 500
166 500
166 500
166 500
Total tax
134 919
153 014
75 764
52 711
After tax
31 581
13 486
90 736
113 789
Living cost
21 374
21 374
21 374
21 374
Free-cash
10 207
-7 888
69 362
92 415

Estimated living cost  is ₽21374 per week

₽15686
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1246
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽431
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4012
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽107201
₽115306
₽87558
₽123863
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
27 590
pensions
-
-
-
26 286
unemployment
-
-
-
1 714
health insurance
-
-
-
10 572
work injury
-
-
-
714
total
-
-
-
66 876
Employee

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

19 306
-
166 500
-
unemployment
232
-
857
-
work injury
97
-
357
-
pensions
3 552
-
13 143
-
health insurance
1 429
-
5 286
-
income
1 931
-
27 590
-
total
7 241
-
47 233
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
147 194
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%.

1 472
16 650
-
-
total
1 472
16 650
-
-
Dividends
145 722
149 850
-
-
withholding
21 858
22 478
-
-
total
21 858
22 478
-
-
Income
166 500
166 500
166 500
166 500
Total tax
30 571
39 128
47 233
66 876
After tax
135 929
127 372
119 267
99 624
Living cost
12 066
12 066
12 066
12 066
Free-cash
123 863
115 306
107 201
87 558

Estimated living cost  is ₽12066 per week

₽7475
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽877
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽376
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3338
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽34135
₽52062
₽41443
₽47994
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
regional
-
-
-
3 824
social contributions
-
-
-
42 823
municipal
-
-
-
1 114
national
-
-
-
41 658
total
-
-
-
89 419
Employee
75 383
-
166 500
-
municipal
450
-
993
-
social contributions
25 419
-
56 144
-
regional
1 138
-
3 393
-
national
12 739
-
36 197
-
total
39 746
-
96 727
-
Employer
75 383
-
166 500
-
total
-
-
-
-
Corporate
91 117
166 500
-
-
nationa
21 867
39 961
-
-
municipal
4 392
8 025
-
-
total
26 259
47 986
-
-
Dividends
64 858
118 514
-
-
withholding
16 863
30 814
-
-
total
16 863
30 814
-
-
Income
166 500
166 500
166 500
166 500
Total tax
82 868
78 800
96 727
89 419
After tax
83 632
87 700
69 773
77 081
Living cost
35 638
35 638
35 638
35 638
Free-cash
47 994
52 062
34 135
41 443

Estimated living cost  is ₽35638 per week

₽25033
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2451
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽538
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7614
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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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