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
₽65784
₽77099
₽55320
₽57804
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
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.

-
-
-
6 464
trade
-
-
-
19 295
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.

-
-
-
51 449
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.

-
-
-
2 830
total
-
-
-
80 038
Employee

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

36 189
-
166 500
-
health

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

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

6 464
-
6 464
-
income

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

1 011
-
51 449
-
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.

56
-
2 830
-
total
7 531
-
60 743
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
130 311
166 500
-
-
income
19 546
24 976
-
-
chamber of commerce
330
382
-
-
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.

1 076
1 374
-
-
trade
20 524
26 223
-
-
total
41 476
52 955
-
-
Dividends
88 835
113 545
-
-
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.

1 201
1 541
-
-
withholding
21 850
28 026
-
-
total
23 051
29 567
-
-
Income
166 500
166 500
166 500
166 500
Total tax
72 058
82 522
60 743
80 038
After tax
94 442
83 978
105 757
86 462
Living cost
28 658
28 658
28 658
28 658
Free-cash
65 784
55 320
77 099
57 804

Estimated living cost  is ₽28658 per week

₽18027
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3341
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽535
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6755
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽54273
₽50563
₽55084
₽49470
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
166 500
social contributions
-
-
-
1 790
municipal
-
-
-
18 218
pensions
-
-
-
19 980
national
-
-
-
28 230
total
-
-
-
68 218
Employee
75 668
-
143 938
-
pensions
3 027
-
5 758
-
municipal
9 346
-
18 862
-
national
14 483
-
29 443
-
total
26 856
-
54 063
-
Employer
75 668
-
143 938
-
pensions
6 053
-
11 515
-
social contributions
813
-
1 547
-
total
6 866
-
13 062
-
Corporate
78 972
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%.

15 794
33 300
-
-
total
15 794
33 300
-
-
Dividends
63 177
133 200
-
-
withholding
13 899
29 304
-
-
total
13 899
29 304
-
-
Income
166 500
166 500
166 500
166 500
Total tax
63 415
62 604
67 125
68 218
After tax
103 085
103 896
99 375
98 282
Living cost
48 812
48 812
48 812
48 812
Free-cash
54 273
55 084
50 563
49 470

Estimated living cost  is ₽48812 per week

₽33177
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4537
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽731
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10367
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽105754
₽50269
₽113516
₽37759
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
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.

-
-
-
36 251
income
-
-
-
30 349
surtax
-
-
-
42 457
microenterprise
-
-
-
-
total
-
-
-
109 057
Employee
27 647
-
125 528
-
social contributions

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

3 042
-
12 403
-
income
4 921
-
24 972
-
surtax
-
-
18 201
-
total
7 963
-
55 576
-
Employer
27 647
-
125 528
-
surtax
-
-
13 807
-
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.

6 660
-
27 164
-
total
6 660
-
40 971
-
Corporate
132 193
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%.

26 439
33 300
-
-
total
26 439
33 300
-
-
Dividends

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

105 754
133 200
-
-
total
-
-
-
-
Income
166 500
166 500
166 500
166 500
Total tax
41 062
33 300
96 547
109 057
After tax
125 438
133 200
69 953
57 443
Living cost
19 684
19 684
19 684
19 684
Free-cash
105 754
113 516
50 269
37 759

Estimated living cost  is ₽19684 per week

₽12558
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1875
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.
₽4805
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽36996
₽64373
₽42795
₽52298
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
11 667
income
-
-
-
51 814
pensions
-
-
-
11 085
total
-
-
-
74 566
Employee
80 798
80 798
148 917
-
pensions
14 544
11 085
11 085
-
health
12 402
10 549
11 667
-
income

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

13 225
13 225
22 156
-
total
40 171
34 859
44 908
-
Employer
80 798
80 798
148 917
-
pensions
5 624
5 624
6 990
-
health
5 616
5 616
6 979
-
unemployment
2 909
2 909
3 614
-
total
14 149
14 149
17 583
-
Corporate
72 545
71 553
-
-
income
14 510
14 310
-
-
total
14 510
14 310
-
-
Dividends
58 035
57 243
-
-
income
12 333
12 165
-
-
withholding
8 705
8 586
-
-
total
21 038
20 751
-
-
Income
166 500
166 500
166 500
166 500
Total tax
89 868
84 069
62 491
74 566
After tax
76 632
82 431
104 009
91 934
Living cost
39 636
39 636
39 636
39 636
Free-cash
36 996
42 795
64 373
52 298

Estimated living cost  is ₽39636 per week

₽28089
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3573
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽630
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7344
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽51372
₽46151
₽52241
₽47089
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
166 500
accident
-
-
-
169
health
-
-
-
5 288
municipal
-
-
-
42 329
pensions
-
-
-
9 161
other
-
-
-
9 848
unemployment
-
-
-
85
national
-
-
-
13 863
total
-
-
-
80 743
Employee
55 099
-
139 872
-
municipal
16 430
-
41 710
-
national
-
-
13 344
-
total
16 430
-
55 054
-
Employer
55 099
-
139 872
-
pensions
5 956
-
9 161
-
other
6 403
-
9 848
-
health
3 389
-
5 212
-
unemployment
1 455
-
2 237
-
accident
110
-
169
-
total
17 313
-
26 627
-
Corporate
94 089
166 500
-
-
income
20 700
36 630
-
-
total
20 700
36 630
-
-
Dividends
73 390
129 870
-
-
withholding
22 017
38 961
-
-
total
22 017
38 961
-
-
Income
166 500
166 500
166 500
166 500
Total tax
76 460
75 591
81 681
80 743
After tax
90 040
90 909
84 819
85 757
Living cost
38 668
38 668
38 668
38 668
Free-cash
51 372
52 241
46 151
47 089

Estimated living cost  is ₽38668 per week

₽25628
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3794
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽587
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8659
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽59247
₽68588
₽45950
₽48435
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
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.

-
-
-
6 464
trade
-
-
-
20 153
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.

-
-
-
51 449
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.

-
-
-
2 830
total
-
-
-
80 896
Employee

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

47 982
-
166 500
-
health

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

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

6 464
-
6 464
-
income

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

4 122
-
51 449
-
surtax

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

226
-
2 830
-
total
10 812
-
60 743
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
118 518
166 500
-
-
income
17 777
24 976
-
-
chamber of commerce
312
381
-
-
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.

979
1 374
-
-
trade
19 496
27 389
-
-
total
38 564
54 120
-
-
Dividends
79 954
112 382
-
-
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.

1 079
1 526
-
-
withholding
19 629
27 735
-
-
total
20 708
29 261
-
-
Income
166 500
166 500
166 500
166 500
Total tax
70 084
83 381
60 743
80 896
After tax
96 416
83 119
105 757
85 604
Living cost
37 169
37 169
37 169
37 169
Free-cash
59 247
45 950
68 588
48 435

Estimated living cost  is ₽37169 per week

₽24859
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3920
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽555
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7836
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽86852
₽81658
₽90774
₽83122
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
166 500
social contributions
-
-
-
15 309
health
-
-
-
4 246
income
-
-
-
33 134
total
-
-
-
52 689
Employee
72 755
72 755
155 479
-
health
724
1 237
2 643
-
social contributions
3 535
6 038
8 144
-
income
7 640
6 735
32 346
-
total
11 899
14 010
43 133
-
Employer
72 755
72 755
155 479
-
health
788
1 347
2 876
-
social contributions
3 535
6 038
8 144
-
total
4 323
7 385
11 020
-
Corporate
119 589
86 360
-
-
income
14 949
10 795
-
-
total
14 949
10 795
-
-
Dividends
104 640
75 565
-
-
withholding
17 788
12 847
-
-
total
17 788
12 847
-
-
Income
166 500
166 500
166 500
166 500
Total tax
48 959
45 037
54 153
52 689
After tax
117 541
121 463
112 347
113 811
Living cost
30 689
30 689
30 689
30 689
Free-cash
86 852
90 774
81 658
83 122

Estimated living cost  is ₽30689 per week

₽20979
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2397
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽515
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽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 Source

Source of data for Limassol model

Close
Budapest , Hungary
₽76412
₽79033
₽76049
₽97853
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
11 655
income
-
-
-
20 355
pensions
-
-
-
16 650
unemployment
-
-
-
2 498
total
-
-
-
51 158
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.

25 246
10 048
139 331
-
unemployment
379
151
2 090
-
pensions
2 525
1 005
13 933
-
health
1 767
703
9 753
-
income
3 086
1 228
17 033
-
total
7 757
3 087
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.

25 246
10 048
139 331
-
pensions
4 923
1 959
27 169
-
total
4 923
1 959
27 169
-
Corporate
136 331
154 493
-
-
income
12 270
13 904
-
-
total
12 270
13 904
-
-
Dividends
124 061
140 589
-
-
social contributions
24 077
27 300
-
-
withholding
23 572
26 712
-
-
total
47 649
54 012
-
-
Income
166 500
166 500
166 500
166 500
Total tax
72 599
72 962
69 978
51 158
After tax
93 901
93 538
96 522
115 342
Living cost
17 489
17 489
17 489
17 489
Free-cash
76 412
76 049
79 033
97 853

Estimated living cost  is ₽17489 per week

₽11935
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1431
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽349
Clothing and shoes. We estimate one pair of shoes and 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 Budapest model

Close
Tallinn , Estonia
₽104468
₽73114
₽110347
₽66391
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
21 645
income
-
-
-
22 311
pensions
-
-
-
33 300
total
-
-
-
77 256
Employee
26 841
-
124 440
-
unemployment
429
-
1 991
-
pensions
537
-
2 489
-
income
3 022
-
23 992
-
total
3 988
-
28 472
-
Employer
26 841
-
124 440
-
pensions
5 369
-
24 888
-
health
3 489
-
16 178
-
unemployment
215
-
995
-
total
9 073
-
42 061
-
Corporate
130 586
166 500
-
-
income
26 118
33 300
-
-
total
26 118
33 300
-
-
Dividends
104 469
133 200
-
-
total
-
-
-
-
Income
166 500
166 500
166 500
166 500
Total tax
39 179
33 300
70 533
77 256
After tax
127 321
133 200
95 967
89 244
Living cost
22 853
22 853
22 853
22 853
Free-cash
104 468
110 347
73 114
66 391

Estimated living cost  is ₽22853 per week

₽15675
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1361
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽460
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5358
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽10257
₽69329
-₽7556
₽92785
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
166 500
accident
-
-
-
242
health
-
-
-
2 086
income
-
-
-
46 011
pensions
-
-
-
3 980
other
-
-
-
354
total
-
-
-
52 673
Employee
33 100
-
149 792
-
pensions
3 727
-
7 297
-
health
3 790
-
17 151
-
income
4 541
-
34 973
-
total
12 058
-
59 421
-
Employer
33 100
-
149 792
-
pensions
5 382
-
10 537
-
unemployment
811
-
3 670
-
accident
553
-
2 501
-
total
6 746
-
16 708
-
Corporate
126 655
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.

113 990
149 850
-
-
total
113 990
149 850
-
-
Dividends
12 665
16 650
-
-
withholding
2 407
3 164
-
-
total
2 407
3 164
-
-
Income
166 500
166 500
166 500
166 500
Total tax
135 201
153 014
76 129
52 673
After tax
31 299
13 486
90 371
113 827
Living cost
21 042
21 042
21 042
21 042
Free-cash
10 257
-7 556
69 329
92 785

Estimated living cost  is ₽21042 per week

₽15422
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1166
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽439
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4015
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽148888
₽125379
₽150354
₽157014
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
9 776
-
166 500
-
income
1 955
-
33 300
-
total
1 955
-
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%.

156 724
166 500
-
-
total
-
-
-
-
Dividends
156 724
166 500
-
-
withholding
7 836
8 325
-
-
total
7 836
8 325
-
-
Income
166 500
166 500
166 500
166 500
Total tax
9 791
8 325
33 300
1 665
After tax
156 709
158 175
133 200
164 835
Living cost
7 821
7 821
7 821
7 821
Free-cash
148 888
150 354
125 379
157 014

Estimated living cost  is ₽7821 per week

₽4847
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽650
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽215
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2109
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽90728
₽69156
₽97116
₽67896
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
6 331
income
-
-
-
25 697
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.

-
-
-
34 531
other
-
-
-
6 834
total
-
-
-
73 393
Employee
34 354
-
132 987
-
unemployment
343
-
1 330
-
pensions

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

2 404
-
9 310
-
health
481
-
1 862
-
income
5 914
-
26 118
-
total
9 142
-
38 620
-
Employer
34 354
-
132 987
-
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.

5 841
-
22 607
-
other
1 718
-
6 649
-
health
481
-
1 862
-
unemployment
343
-
1 330
-
accident
275
-
1 065
-
total
8 658
-
33 513
-
Corporate
123 488
166 500
-
-
income
25 933
34 966
-
-
total
25 933
34 966
-
-
Dividends
97 556
131 534
-
-
withholding
6 828
9 207
-
-
total
6 828
9 207
-
-
Income
166 500
166 500
166 500
166 500
Total tax
50 561
44 173
72 133
73 393
After tax
115 939
122 327
94 367
93 107
Living cost
25 211
25 211
25 211
25 211
Free-cash
90 728
97 116
69 156
67 896

Estimated living cost  is ₽25211 per week

₽17813
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1702
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽406
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5290
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽50133
₽33195
₽46710
₽48246
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
47 952
pensions
-
-
-
8 397
total
-
-
-
56 349
Employee
87 586
-
145 416
-
pensions
8 450
-
10 303
-
health
1 443
-
2 094
-
income
15 788
-
37 919
-
total
25 681
-
50 316
-
Employer
87 586
-
145 416
-
pensions
10 341
-
18 322
-
health
1 663
-
2 762
-
total
12 004
-
21 084
-
Corporate
66 909
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.

12 712
31 636
-
-
total
12 712
31 636
-
-
Dividends
54 197
134 864
-
-
withholding
4 065
26 249
-
-
total
4 065
26 249
-
-
Income
166 500
166 500
166 500
166 500
Total tax
54 462
57 885
71 400
56 349
After tax
112 038
108 615
95 100
110 151
Living cost
61 905
61 905
61 905
61 905
Free-cash
50 133
46 710
33 195
48 246

Estimated living cost  is ₽61905 per week

₽46387
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽7273
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽504
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7742
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽125558
₽126824
₽129953
₽120296
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
3 801
income
-
-
-
24 975
pensions

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

-
-
-
4 891
unemployment
-
-
-
132
total
-
-
-
33 799
Employee
16 426
-
160 016
-
accident

We are using the highest rate at 1.1%.

181
-
364
-
pensions

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

1 442
-
2 902
-
health
756
-
1 520
-
income
1 642
-
16 001
-
total
4 021
-
20 787
-
Employer
16 426
-
160 016
-
pensions

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

1 810
-
3 642
-
health
1 134
-
2 280
-
unemployment
98
-
198
-
accident

We are using the highest rate at 1.1%.

181
-
364
-
total
3 223
-
6 484
-
Corporate
146 851
166 500
-
-
income
14 685
16 650
-
-
total
14 685
16 650
-
-
Dividends
132 166
149 850
-
-
withholding
6 608
7 492
-
-
total
6 608
7 492
-
-
Income
166 500
166 500
166 500
166 500
Total tax
28 537
24 142
27 271
33 799
After tax
137 963
142 358
139 229
132 701
Living cost
12 405
12 405
12 405
12 405
Free-cash
125 558
129 953
126 824
120 296

Estimated living cost  is ₽12405 per week

₽7242
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽886
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽329
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3948
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽32345
₽51543
₽29965
₽39468
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
11 667
income
-
-
-
51 814
pensions
-
-
-
11 085
total
-
-
-
74 566
Employee
87 721
80 798
148 917
-
pensions
11 085
11 085
11 085
-
health
10 944
10 549
11 667
-
income

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

13 225
13 225
22 156
-
total
35 254
34 859
44 908
-
Employer
87 721
80 798
148 917
-
pensions
6 105
5 624
6 990
-
health
6 096
5 616
6 979
-
unemployment
3 158
2 909
3 614
-
total
15 359
14 149
17 583
-
Corporate
63 421
71 553
-
-
income
12 683
14 310
-
-
total
12 683
14 310
-
-
Dividends
50 737
57 243
-
-
income
10 782
12 165
-
-
withholding
7 611
8 586
-
-
total
18 393
20 751
-
-
Income
166 500
166 500
166 500
166 500
Total tax
81 689
84 069
62 491
74 566
After tax
84 811
82 431
104 009
91 934
Living cost
52 466
52 466
52 466
52 466
Free-cash
32 345
29 965
51 543
39 468

Estimated living cost  is ₽52466 per week

₽38702
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4686
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽601
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8477
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽82797
₽62951
₽91168
₽70248
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
166 500
social contributions
-
-
-
33 769
health
-
-
-
22 478
income
-
-
-
16 538
solidarity contribution
-
-
-
-
total
-
-
-
72 785
Employee
34 511
-
126 228
-
solidarity contribution
-
-
-
-
health
4 659
-
17 041
-
social contributions
2 243
-
7 517
-
income
4 141
-
15 251
-
total
11 043
-
39 809
-
Employer
34 511
-
126 228
-
health
3 106
-
11 361
-
social contributions
8 628
-
28 912
-
total
11 734
-
40 273
-
Corporate
120 255
166 500
-
-
income
22 848
31 635
-
-
total
22 848
31 635
-
-
Dividends
97 407
134 865
-
-
withholding
14 611
20 230
-
-
total
14 611
20 230
-
-
Income
166 500
166 500
166 500
166 500
Total tax
60 236
51 865
80 082
72 785
After tax
106 264
114 635
86 418
93 715
Living cost
23 467
23 467
23 467
23 467
Free-cash
82 797
91 168
62 951
70 248

Estimated living cost  is ₽23467 per week

₽16301
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1669
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽462
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5036
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽43970
₽32137
₽48910
₽39662
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
166 500
social contributions
-
-
-
42 823
municipal
-
-
-
989
regional
-
-
-
1 965
national
-
-
-
41 137
total
-
-
-
86 914
Employee
84 089
-
166 500
-
regional
793
-
1 735
-
municipal
445
-
883
-
national
14 571
-
35 677
-
social contributions
28 355
-
56 144
-
total
44 164
-
94 439
-
Employer
84 089
-
166 500
-
total
-
-
-
-
Corporate
82 411
166 500
-
-
municipal
3 214
6 494
-
-
nationa
19 779
39 961
-
-
total
22 993
46 455
-
-
Dividends
59 418
120 045
-
-
withholding
15 449
31 211
-
-
total
15 449
31 211
-
-
Income
166 500
166 500
166 500
166 500
Total tax
82 606
77 666
94 439
86 914
After tax
83 894
88 834
72 061
79 586
Living cost
39 924
39 924
39 924
39 924
Free-cash
43 970
48 910
32 137
39 662

Estimated living cost  is ₽39924 per week

₽27830
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2618
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽612
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8863
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽80905
₽52130
₽83851
₽57913
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
8 965
income
-
-
-
46 143
surtax
-
-
-
7 130
pensions
-
-
-
25 256
other
-
-
-
-
unemployment
-
-
-
215
total
-
-
-
87 709
Employee
31 289
-
139 919
-
unemployment
2 178
-
8 789
-
pensions
2 086
-
8 423
-
health
799
-
3 219
-
income
5 245
-
40 483
-
other
-
-
-
-
surtax
102
-
5 997
-
total
10 410
-
66 911
-
Employer
31 289
-
139 919
-
pensions
4 171
-
16 833
-
other
-
-
-
-
health
1 424
-
5 746
-
unemployment
991
-
4 002
-
total
6 586
-
26 581
-
Corporate
128 625
166 500
-
-
income
33 443
43 290
-
-
total
33 443
43 290
-
-
Dividends
95 182
123 210
-
-
withholding
14 278
18 481
-
-
total
14 278
18 481
-
-
Income
166 500
166 500
166 500
166 500
Total tax
64 717
61 771
93 492
87 709
After tax
101 783
104 729
73 008
78 791
Living cost
20 878
20 878
20 878
20 878
Free-cash
80 905
83 851
52 130
57 913

Estimated living cost  is ₽20878 per week

₽12766
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1927
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽481
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5704
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽72439
₽52808
₽66323
₽67859
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
47 952
pensions
-
-
-
8 397
total
-
-
-
56 349
Employee
58 698
-
145 416
-
pensions
4 982
-
10 303
-
health
852
-
2 094
-
income
10 572
-
37 919
-
total
16 406
-
50 316
-
Employer
58 698
-
145 416
-
pensions
6 354
-
18 322
-
health
1 115
-
2 762
-
total
7 469
-
21 084
-
Corporate
100 333
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.

19 064
31 636
-
-
total
19 064
31 636
-
-
Dividends
81 269
134 864
-
-
withholding
8 830
26 249
-
-
total
8 830
26 249
-
-
Income
166 500
166 500
166 500
166 500
Total tax
51 769
57 885
71 400
56 349
After tax
114 731
108 615
95 100
110 151
Living cost
42 292
42 292
42 292
42 292
Free-cash
72 439
66 323
52 808
67 859

Estimated living cost  is ₽42292 per week

₽31685
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3170
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽442
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6994
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details

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
₽33188
₽52238
₽1069
₽60029
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
374
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.

-
-
-
3 330
regional
-
-
-
8 059
city
-
-
-
1 754
national
-
-
-
2 570
total
-
-
-
31 405
Employee
87 847
-
149 027
-
unemployment
-
-
-
-
pensions
7 380
-
12 516
-
regional
2 877
-
6 956
-
national
416
-
1 957
-
health
199
-
335
-
city
943
-
1 600
-
total
11 815
-
23 364
-
Employer
87 847
-
149 027
-
pensions
7 380
-
12 516
-
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.

1 756
-
2 981
-
health
199
-
335
-
unemployment
-
-
-
-
total
9 335
-
15 832
-
Corporate
68 352
166 500
-
-
regional
14 456
35 215
-
-
national
5 809
14 153
-
-
total
20 265
49 368
-
-
Dividends
48 087
117 132
-
-
withholding
16 831
40 997
-
-
total
16 831
40 997
-
-
Income
166 500
166 500
166 500
166 500
Total tax
58 246
90 365
39 196
31 405
After tax
108 254
76 135
127 304
135 095
Living cost
75 066
75 066
75 066
75 066
Free-cash
33 188
1 069
52 238
60 029

Estimated living cost  is ₽75066 per week

₽48815
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽6736
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽922
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽18593
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽54264
₽62413
₽38919
₽41402
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
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.

-
-
-
6 464
trade
-
-
-
21 011
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.

-
-
-
51 449
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.

-
-
-
2 830
total
-
-
-
81 754
Employee

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

56 862
-
166 500
-
health

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

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

6 464
-
6 464
-
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.

6 686
-
51 449
-
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.

368
-
2 830
-
total
13 518
-
60 743
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
109 638
166 500
-
-
income
16 445
24 976
-
-
chamber of commerce
298
379
-
-
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.

905
1 374
-
-
trade
18 803
28 554
-
-
total
36 451
55 283
-
-
Dividends
73 187
111 218
-
-
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.

986
1 510
-
-
withholding
17 937
27 444
-
-
total
18 923
28 954
-
-
Income
166 500
166 500
166 500
166 500
Total tax
68 892
84 237
60 743
81 754
After tax
97 608
82 263
105 757
84 746
Living cost
43 344
43 344
43 344
43 344
Free-cash
54 264
38 919
62 413
41 402

Estimated living cost  is ₽43344 per week

₽31657
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3467
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽564
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7658
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽57134
₽59131
₽51547
₽61457
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
166 500
social contributions
-
-
-
4 746
health
-
-
-
7 035
income
-
-
-
26 024
surtax
-
-
-
-
pensions
-
-
-
29 705
other
-
-
-
5 162
total
-
-
-
72 672
Employee
40 494
-
129 026
-
pensions
4 579
-
8 900
-
social contributions
1 155
-
3 675
-
income
2 390
-
24 948
-
surtax
-
-
-
-
total
8 124
-
37 523
-
Employer
40 494
-
129 026
-
pensions
6 652
-
15 000
-
other
1 397
-
5 005
-
health
2 835
-
11 857
-
unemployment
1 639
-
5 225
-
social contributions
122
-
388
-
total
12 645
-
37 475
-
Corporate
113 360
166 500
-
-
income
31 741
46 620
-
-
surtax
-
-
-
-
total
31 741
46 620
-
-
Dividends
81 619
119 880
-
-
surtax
-
-
-
-
social contributions
14 037
20 618
-
-
withholding
10 448
15 344
-
-
total
24 485
35 962
-
-
Income
166 500
166 500
166 500
166 500
Total tax
76 995
82 582
74 998
72 672
After tax
89 505
83 918
91 502
93 828
Living cost
32 371
32 371
32 371
32 371
Free-cash
57 134
51 547
59 131
61 457

Estimated living cost  is ₽32371 per week

₽20411
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2632
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽551
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8778
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽60006
₽62338
₽54754
₽64664
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
166 500
social contributions
-
-
-
4 746
health
-
-
-
7 035
income
-
-
-
26 024
surtax
-
-
-
-
pensions
-
-
-
29 705
other
-
-
-
5 162
total
-
-
-
72 672
Employee
36 147
-
129 026
-
pensions
4 088
-
8 900
-
social contributions
1 031
-
3 675
-
income
1 864
-
24 948
-
surtax
-
-
-
-
total
6 983
-
37 523
-
Employer
36 147
-
129 026
-
pensions
5 940
-
15 000
-
other
1 248
-
5 005
-
health
2 530
-
11 857
-
unemployment
1 463
-
5 225
-
social contributions
108
-
388
-
total
11 289
-
37 475
-
Corporate
119 065
166 500
-
-
income
33 339
46 620
-
-
surtax
-
-
-
-
total
33 339
46 620
-
-
Dividends
85 726
119 880
-
-
surtax
-
-
-
-
social contributions
14 747
20 618
-
-
withholding
10 972
15 344
-
-
total
25 719
35 962
-
-
Income
166 500
166 500
166 500
166 500
Total tax
77 330
82 582
74 998
72 672
After tax
89 170
83 918
91 502
93 828
Living cost
29 164
29 164
29 164
29 164
Free-cash
60 006
54 754
62 338
64 664

Estimated living cost  is ₽29164 per week

₽16914
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2963
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.
₽8735
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽82007
₽83435
₽81516
₽86862
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
166 500
social contributions
-
-
-
22 977
health
-
-
-
11 622
income
-
-
-
24 976
total
-
-
-
59 575
Employee
32 080
-
166 500
-
health
2 239
-
11 622
-
social contributions
4 428
-
22 977
-
income
5 351
-
28 403
-
total
12 018
-
63 002
-
Employer
32 080
-
166 500
-
total
-
-
-
-
Corporate
134 420
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%.

6 721
8 326
-
-
total
6 721
8 326
-
-
Dividends
127 699
158 174
-
-
health
8 913
11 041
-
-
social contributions
17 623
21 828
-
-
withholding
19 155
23 726
-
-
total
45 691
56 595
-
-
Income
166 500
166 500
166 500
166 500
Total tax
64 430
64 921
63 002
59 575
After tax
102 070
101 579
103 498
106 925
Living cost
20 063
20 063
20 063
20 063
Free-cash
82 007
81 516
83 435
86 862

Estimated living cost  is ₽20063 per week

₽13427
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1237
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽461
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4936
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽57323
₽10800
₽58788
₽52115
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
8 455
surtax
-
-
-
187
income
-
-
-
45 486
chamber of commerce
-
-
-
666
pensions
-
-
-
20 449
unemployment
-
-
-
5 803
total
-
-
-
81 046
Employee
47 285
37 706
132 872
-
unemployment
1 418
1 131
3 316
-
pensions
4 842
3 860
11 319
-
health
1 830
1 460
4 277
-
income
5 383
2 781
36 395
-
other
472
377
1 106
-
total
13 945
9 609
56 413
-
Employer
47 285
37 706
132 872
-
chamber of commerce
189
151
531
-
pensions
5 934
4 733
13 872
-
other
2 246
1 790
6 121
-
health
1 787
1 426
4 178
-
unemployment
1 418
1 131
3 316
-
accident
614
490
1 436
-
surtax
187
187
187
-
payroll
1 418
1 131
3 986
-
total
13 793
11 039
33 627
-
Corporate
105 422
117 755
129 281
-
income

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

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

26 356
29 439
32 321
-
total
26 356
29 439
32 321
-
Dividends
79 066
88 316
-
-
withholding
21 744
24 286
-
-
total
21 744
24 286
-
-
Income
166 500
166 500
166 500
166 500
Total tax
75 838
74 373
122 361
81 046
After tax
90 662
92 127
44 139
85 454
Living cost
33 339
33 339
33 339
33 339
Free-cash
57 323
58 788
10 800
52 115

Estimated living cost  is ₽33339 per week

₽22236
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2844
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽548
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7712
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽44430
₽24131
₽58621
₽37685
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
166 500
social contributions
-
-
-
23 589
communal

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

-
-
-
8 575
national
-
-
-
62 153
total
-
-
-
94 317
Employee

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

67 679
-
128 961
-
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.

589
-
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.

5 076
-
9 672
-
national
20 807
-
46 750
-
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.

3 180
-
6 062
-
communal

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

3 530
-
6 726
-
total
33 182
-
70 332
-
Employer

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

67 679
-
128 961
-
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.

5 997
-
11 427
-
health

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

4 162
-
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.

988
-
1 883
-
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.

880
-
1 675
-
surtax
7 674
-
14 623
-
total
19 701
-
37 539
-
Corporate
79 120
166 500
-
-
income
15 824
33 300
-
-
surtax
316
666
-
-
total
16 140
33 966
-
-
Dividends
62 981
132 534
-
-
withholding

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

18 549
39 415
-
-
total
18 549
39 415
-
-
Income
166 500
166 500
166 500
166 500
Total tax
87 572
73 381
107 871
94 317
After tax
78 928
93 119
58 629
72 183
Living cost
34 498
34 498
34 498
34 498
Free-cash
44 430
58 621
24 131
37 685

Estimated living cost  is ₽34498 per week

₽22221
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3016
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽540
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8721
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽70312
₽55302
₽76814
₽59271
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
166 500
accident
-
-
-
790
income
-
-
-
46 749
pensions
-
-
-
24 818
other
-
-
-
88
unemployment
-
-
-
614
total
-
-
-
73 059
Employee
47 097
-
138 542
-
unemployment
731
-
1 359
-
pensions
2 214
-
4 122
-
income
9 937
-
43 501
-
other
47
-
88
-
total
12 929
-
49 070
-
Employer
47 097
-
138 542
-
pensions
11 114
-
20 697
-
other
375
-
702
-
unemployment
2 591
-
4 823
-
accident
932
-
1 736
-
total
15 012
-
27 958
-
Corporate
104 390
166 500
-
-
income

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

15 659
24 976
-
-
total
15 659
24 976
-
-
Dividends
88 732
141 524
-
-
withholding
18 418
30 540
-
-
total
18 418
30 540
-
-
Income
166 500
166 500
166 500
166 500
Total tax
62 018
55 516
77 028
73 059
After tax
104 482
110 984
89 472
93 441
Living cost
34 170
34 170
34 170
34 170
Free-cash
70 312
76 814
55 302
59 271

Estimated living cost  is ₽34170 per week

₽25162
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2424
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽492
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6090
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽33921
₽37558
₽45988
₽30920
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
166 500
accident
-
-
-
1 404
health
-
-
-
11 698
income
-
-
-
27 327
surtax
-
-
-
8 254
pensions
-
-
-
24 956
communal
-
-
-
10 523
total
-
-
-
84 162
Employee
71 652
-
148 728
-
pensions
5 731
-
11 899
-
health
3 189
-
6 618
-
income
6 921
-
32 121
-
surtax
4 392
-
9 114
-
total
20 233
-
59 752
-
Employer
71 652
-
148 728
-
pensions
5 731
-
11 899
-
health
2 185
-
4 535
-
accident
645
-
1 338
-
total
8 561
-
17 772
-
Corporate
86 287
166 500
-
-
income
12 944
24 976
-
-
communal
5 825
11 238
-
-
surtax
907
1 749
-
-
total
19 676
37 963
-
-
Dividends
66 612
128 538
-
-
income
22 699
11 851
-
-
withholding
9 992
19 280
-
-
total
32 691
31 131
-
-
Income
166 500
166 500
166 500
166 500
Total tax
81 161
69 094
77 524
84 162
After tax
85 339
97 406
88 976
82 338
Living cost
51 418
51 418
51 418
51 418
Free-cash
33 921
45 988
37 558
30 920

Estimated living cost  is ₽51418 per week

₽38571
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3115
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽544
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9186
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽80466
₽51756
₽83477
₽57539
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
8 965
income
-
-
-
46 143
surtax
-
-
-
7 130
pensions
-
-
-
25 256
other
-
-
-
-
unemployment
-
-
-
215
total
-
-
-
87 709
Employee
31 863
-
139 919
-
unemployment
2 217
-
8 789
-
pensions
2 126
-
8 423
-
health
813
-
3 219
-
income
5 342
-
40 483
-
other
-
-
-
-
surtax
113
-
5 997
-
total
10 611
-
66 911
-
Employer
31 863
-
139 919
-
pensions
4 248
-
16 833
-
other
-
-
-
-
health
1 449
-
5 746
-
unemployment
1 011
-
4 002
-
total
6 708
-
26 581
-
Corporate
127 929
166 500
-
-
income
33 262
43 290
-
-
total
33 262
43 290
-
-
Dividends
94 667
123 210
-
-
withholding
14 201
18 481
-
-
total
14 201
18 481
-
-
Income
166 500
166 500
166 500
166 500
Total tax
64 782
61 771
93 492
87 709
After tax
101 718
104 729
73 008
78 791
Living cost
21 252
21 252
21 252
21 252
Free-cash
80 466
83 477
51 756
57 539

Estimated living cost  is ₽21252 per week

₽12831
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1848
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽494
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6081
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽59928
₽46069
₽62028
₽53553
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
166 500
social contributions
-
-
-
42 823
municipal
-
-
-
989
regional
-
-
-
2 511
national
-
-
-
41 137
total
-
-
-
87 460
Employee
52 485
-
166 500
-
regional
707
-
2 240
-
municipal
278
-
883
-
national
8 315
-
35 677
-
social contributions
17 698
-
56 144
-
total
26 998
-
94 944
-
Employer
52 485
-
166 500
-
total
-
-
-
-
Corporate
114 015
166 500
-
-
municipal
5 667
8 276
-
-
nationa
27 364
39 961
-
-
total
33 031
48 237
-
-
Dividends
80 985
118 264
-
-
withholding
21 056
30 748
-
-
total
21 056
30 748
-
-
Income
166 500
166 500
166 500
166 500
Total tax
81 085
78 985
94 944
87 460
After tax
85 415
87 515
71 556
79 040
Living cost
25 487
25 487
25 487
25 487
Free-cash
59 928
62 028
46 069
53 553

Estimated living cost  is ₽25487 per week

₽15851
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2582
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.
₽6618
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽75401
₽57500
₽85717
₽64797
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
166 500
social contributions
-
-
-
33 769
health
-
-
-
22 478
income
-
-
-
16 538
solidarity contribution
-
-
-
-
total
-
-
-
72 785
Employee
42 527
-
126 228
-
solidarity contribution
-
-
-
-
health
5 741
-
17 041
-
social contributions
2 764
-
7 517
-
income
5 103
-
15 251
-
total
13 608
-
39 809
-
Employer
42 527
-
126 228
-
health
3 827
-
11 361
-
social contributions
10 632
-
28 912
-
total
14 459
-
40 273
-
Corporate
109 514
166 500
-
-
income
20 808
31 635
-
-
total
20 808
31 635
-
-
Dividends
88 707
134 865
-
-
withholding
13 306
20 230
-
-
total
13 306
20 230
-
-
Income
166 500
166 500
166 500
166 500
Total tax
62 181
51 865
80 082
72 785
After tax
104 319
114 635
86 418
93 715
Living cost
28 918
28 918
28 918
28 918
Free-cash
75 401
85 717
57 500
64 797

Estimated living cost  is ₽28918 per week

₽21505
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1602
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽500
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5310
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽61571
₽14002
₽62041
₽55455
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
8 455
surtax
-
-
-
-
income
-
-
-
45 486
chamber of commerce
-
-
-
666
pensions
-
-
-
20 449
unemployment
-
-
-
5 803
total
-
-
-
80 859
Employee
41 359
37 706
133 046
-
unemployment
1 241
1 131
3 316
-
pensions
4 236
3 860
11 319
-
health
1 600
1 460
4 277
-
income
3 684
2 781
36 478
-
other
413
377
1 106
-
total
11 174
9 609
56 496
-
Employer
41 359
37 706
133 046
-
chamber of commerce
165
151
531
-
pensions
5 191
4 733
13 872
-
other
1 964
1 790
6 128
-
health
1 564
1 426
4 178
-
unemployment
1 241
1 131
3 316
-
accident
537
490
1 436
-
surtax
-
-
-
-
payroll
1 241
1 131
3 991
-
total
11 903
10 852
33 452
-
Corporate
113 238
117 942
129 455
-
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.

28 310
29 486
32 364
-
total
28 310
29 486
32 364
-
Dividends
84 928
88 456
-
-
withholding
23 356
24 326
-
-
total
23 356
24 326
-
-
Income
166 500
166 500
166 500
166 500
Total tax
74 743
74 273
122 312
80 859
After tax
91 757
92 227
44 188
85 641
Living cost
30 186
30 186
30 186
30 186
Free-cash
61 571
62 041
14 002
55 455

Estimated living cost  is ₽30186 per week

₽18108
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3083
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽539
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8457
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽143702
₽121012
₽145987
₽152647
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

We expect you will register a microenterprise to benefit from 1% tax rate. Otherwise you will be taxed at a personal income rate of 20%.

-
-
-
166 500
microenterprise

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

-
-
-
1 665
total
-
-
-
1 665
Employee
15 235
-
166 500
-
income
3 047
-
33 300
-
total
3 047
-
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%.

151 265
166 500
-
-
total
-
-
-
-
Dividends
151 265
166 500
-
-
withholding
7 563
8 325
-
-
total
7 563
8 325
-
-
Income
166 500
166 500
166 500
166 500
Total tax
10 610
8 325
33 300
1 665
After tax
155 890
158 175
133 200
164 835
Living cost
12 188
12 188
12 188
12 188
Free-cash
143 702
145 987
121 012
152 647

Estimated living cost  is ₽12188 per week

₽8248
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽512
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽409
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3020
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽81345
₽51541
₽89257
₽55949
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
16 384
income
-
-
-
38 132
pensions
-
-
-
30 407
unemployment
-
-
-
250
total
-
-
-
85 173
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.

41 839
-
144 069
-
unemployment
59
-
201
-
pensions
6 485
-
22 331
-
health
2 702
-
9 306
-
income
7 215
-
35 312
-
total
16 461
-
67 150
-
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.

41 839
-
144 069
-
pensions
3 702
-
12 750
-
health
2 787
-
9 595
-
unemployment
25
-
86
-
total
6 514
-
22 431
-
Corporate
118 147
166 500
-
-
income
22 447
31 635
-
-
total
22 447
31 635
-
-
Dividends
95 699
134 865
-
-
withholding
14 355
20 230
-
-
total
14 355
20 230
-
-
Income
166 500
166 500
166 500
166 500
Total tax
59 777
51 865
89 581
85 173
After tax
106 723
114 635
76 919
81 327
Living cost
25 378
25 378
25 378
25 378
Free-cash
81 345
89 257
51 541
55 949

Estimated living cost  is ₽25378 per week

₽17416
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1627
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽492
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5844
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽15361
₽113161
₽60423
₽74189
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
166 500
social contributions
-
-
-
18 981
income
-
-
-
32 454
total
-
-
-
51 435
Employee
58 610
-
-
-
social contributions
4 806
-
685
-
income
12 928
-
-
-
total
17 734
-
685
-
Employer
58 610
-
-
-
social contributions
82 641
-
11 778
-
total
82 641
-
11 778
-
Corporate
25 249
166 500
-
-
income
5 555
36 630
-
-
total
5 555
36 630
-
-
Dividends
19 694
129 870
-
-
income
4 333
28 571
-
-
total
4 333
28 571
-
-
Income
166 500
166 500
166 500
166 500
Total tax
110 263
65 201
12 463
51 435
After tax
56 237
101 299
154 037
115 065
Living cost
40 876
40 876
40 876
40 876
Free-cash
15 361
60 423
113 161
74 189

Estimated living cost  is ₽40876 per week

₽26522
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3844
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.
₽9989
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽64075
₽46877
₽65026
₽59501
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
social contributions

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

-
-
-
57 859
income
-
-
-
19 462
surtax
-
-
-
-
total
-
-
-
77 321
Employee
43 516
-
134 545
-
social contributions
4 787
-
14 800
-
income
9 051
-
43 190
-
surtax
-
-
-
-
total
13 838
-
57 990
-
Employer
43 516
-
134 545
-
social contributions
10 335
-
31 955
-
total
10 335
-
31 955
-
Corporate
112 649
166 500
-
-
income
23 656
34 966
-
-
surtax
-
-
-
-
total
23 656
34 966
-
-
Dividends
88 993
131 534
-
-
withholding
24 918
36 830
-
-
total
24 918
36 830
-
-
Income
166 500
166 500
166 500
166 500
Total tax
72 747
71 796
89 945
77 321
After tax
93 753
94 704
76 555
89 179
Living cost
29 678
29 678
29 678
29 678
Free-cash
64 075
65 026
46 877
59 501

Estimated living cost  is ₽29678 per week

₽22205
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1751
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽496
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5227
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽44720
₽45804
₽38220
₽48130
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
166 500
social contributions
-
-
-
4 746
health
-
-
-
7 035
income
-
-
-
26 024
surtax
-
-
-
-
pensions
-
-
-
29 705
other
-
-
-
5 162
total
-
-
-
72 672
Employee
59 260
-
129 026
-
pensions
6 703
-
8 900
-
social contributions
1 688
-
3 675
-
income
5 171
-
24 948
-
surtax
-
-
-
-
total
13 562
-
37 523
-
Employer
59 260
-
129 026
-
pensions
9 737
-
15 000
-
other
2 045
-
5 005
-
health
4 148
-
11 857
-
unemployment
2 401
-
5 225
-
social contributions
178
-
388
-
total
18 509
-
37 475
-
Corporate
88 732
166 500
-
-
income
24 844
46 620
-
-
surtax
-
-
-
-
total
24 844
46 620
-
-
Dividends
63 888
119 880
-
-
surtax
-
-
-
-
social contributions
10 990
20 618
-
-
withholding
8 177
15 344
-
-
total
19 167
35 962
-
-
Income
166 500
166 500
166 500
166 500
Total tax
76 082
82 582
74 998
72 672
After tax
90 418
83 918
91 502
93 828
Living cost
45 698
45 698
45 698
45 698
Free-cash
44 720
38 220
45 804
48 130

Estimated living cost  is ₽45698 per week

₽30928
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3738
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽627
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10405
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽118231
₽98612
₽121409
₽94188
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
166 500
social contributions
-
-
-
36 630
income
-
-
-
7 241
total
-
-
-
43 871
Employee
30 418
-
144 157
-
social contributions
1 977
-
9 371
-
income
-
-
7 733
-
total
1 977
-
17 104
-
Employer
30 418
-
144 157
-
social contributions
4 715
-
22 343
-
total
4 715
-
22 343
-
Corporate
131 367
166 500
-
-
income
13 136
16 650
-
-
total
13 136
16 650
-
-
Dividends
118 231
149 850
-
-
total
-
-
-
-
Income
166 500
166 500
166 500
166 500
Total tax
19 828
16 650
39 447
43 871
After tax
146 672
149 850
127 053
122 629
Living cost
28 441
28 441
28 441
28 441
Free-cash
118 231
121 409
98 612
94 188

Estimated living cost  is ₽28441 per week

₽18390
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2144
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽535
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7372
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽39520
-₽39520
-₽39520
₽52663
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
municipal
-
-
-
34 681
pensions
-
-
-
820
labour market
-
-
-
13 254
national
-
-
-
19 543
total
-
-
-
68 298
Employee
192 210
192 210
192 210
-
pensions
273
273
273
-
municipal
40 930
40 930
40 930
-
national
23 482
23 482
23 482
-
labour market
15 355
15 355
15 355
-
total
80 040
80 040
80 040
-
Employer
192 210
192 210
192 210
-
municipal
40 995
40 995
40 995
-
pensions
546
546
546
-
national
23 523
23 523
23 523
-
labour market
15 377
15 377
15 377
-
total
80 441
80 441
80 441
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
166 500
166 500
166 500
166 500
Total tax
160 481
160 481
160 481
68 298
After tax
6 019
6 019
6 019
98 202
Living cost
45 539
45 539
45 539
45 539
Free-cash
-39 520
-39 520
-39 520
52 663

Estimated living cost  is ₽45539 per week

₽31168
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4028
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽700
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9643
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽10306
₽69640
-₽7245
₽93096
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
166 500
accident
-
-
-
242
health
-
-
-
2 086
income
-
-
-
46 011
pensions
-
-
-
3 980
other
-
-
-
354
total
-
-
-
52 673
Employee
32 612
-
149 792
-
pensions
3 672
-
7 297
-
health
3 734
-
17 151
-
income
4 474
-
34 973
-
total
11 880
-
59 421
-
Employer
32 612
-
149 792
-
pensions
5 303
-
10 537
-
unemployment
799
-
3 670
-
accident
545
-
2 501
-
total
6 647
-
16 708
-
Corporate
127 242
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.

114 518
149 850
-
-
total
114 518
149 850
-
-
Dividends
12 724
16 650
-
-
withholding
2 418
3 164
-
-
total
2 418
3 164
-
-
Income
166 500
166 500
166 500
166 500
Total tax
135 463
153 014
76 129
52 673
After tax
31 037
13 486
90 371
113 827
Living cost
20 731
20 731
20 731
20 731
Free-cash
10 306
-7 245
69 640
93 096

Estimated living cost  is ₽20731 per week

₽15090
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1182
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽389
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4070
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽70393
₽51029
₽68015
₽71089
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
2 169
municipal
-
-
-
29 579
national
-
-
-
27 337
total
-
-
-
59 085
Employee
49 779
-
140 068
-
unemployment
747
-
2 101
-
pensions
3 359
-
9 455
-
municipal
8 153
-
22 816
-
national
822
-
16 581
-
health
372
-
1 761
-
total
13 453
-
52 714
-
Employer
49 779
-
140 068
-
pensions
8 636
-
24 302
-
health
382
-
1 079
-
unemployment
323
-
910
-
accident
50
-
140
-
total
9 391
-
26 431
-
Corporate
107 328
166 500
-
-
income
21 465
33 300
-
-
total
21 465
33 300
-
-
Dividends

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

64 397
99 900
-
-
national
3 880
10 877
-
-
municipal
11 592
17 982
-
-
total
15 472
28 859
-
-
Income
166 500
166 500
166 500
166 500
Total tax
59 781
62 159
79 145
59 085
After tax
106 719
104 341
87 355
107 415
Living cost
36 326
36 326
36 326
36 326
Free-cash
70 393
68 015
51 029
71 089

Estimated living cost  is ₽36326 per week

₽23728
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3494
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽578
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8527
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽94409
₽90441
₽99557
₽91905
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
166 500
social contributions
-
-
-
15 309
health
-
-
-
4 246
income
-
-
-
33 134
total
-
-
-
52 689
Employee
72 755
72 755
155 479
-
health
564
1 237
2 643
-
social contributions
2 751
6 038
8 144
-
income
7 922
6 735
32 346
-
total
11 237
14 010
43 133
-
Employer
72 755
72 755
155 479
-
health
612
1 347
2 876
-
social contributions
2 751
6 038
8 144
-
total
3 363
7 385
11 020
-
Corporate
129 995
86 360
-
-
income
16 249
10 795
-
-
total
16 249
10 795
-
-
Dividends
113 745
75 565
-
-
withholding
19 336
12 847
-
-
total
19 336
12 847
-
-
Income
166 500
166 500
166 500
166 500
Total tax
50 185
45 037
54 153
52 689
After tax
116 315
121 463
112 347
113 811
Living cost
21 906
21 906
21 906
21 906
Free-cash
94 409
99 557
90 441
91 905

Estimated living cost  is ₽21906 per week

₽13129
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2149
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽485
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6144
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽118043
₽106091
₽122856
₽125069
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
3 424
income
-
-
-
16 939
pensions
-
-
-
6 019
unemployment
-
-
-
27
total
-
-
-
26 409
Employee

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

21 718
-
157 253
-
unemployment
108
-
449
-
pensions
3 257
-
13 466
-
health
1 846
-
7 631
-
income
1 485
-
14 594
-
total
6 696
-
36 140
-
Employer

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

21 718
-
157 253
-
pensions
1 194
-
4 938
-
health
934
-
3 860
-
unemployment
108
-
449
-
total
2 236
-
9 247
-
Corporate
142 547
166 500
-
-
income
12 829
14 985
-
-
total
12 829
14 985
-
-
Dividends
129 718
151 515
-
-
withholding
11 674
13 637
-
-
total
11 674
13 637
-
-
Income
166 500
166 500
166 500
166 500
Total tax
33 435
28 622
45 387
26 409
After tax
133 065
137 878
121 113
140 091
Living cost
15 022
15 022
15 022
15 022
Free-cash
118 043
122 856
106 091
125 069

Estimated living cost  is ₽15022 per week

₽9584
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1083
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.
₽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 Podgorica model

Close
Valencia , Spain
₽80789
₽63454
₽84966
₽67423
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
166 500
accident
-
-
-
790
income
-
-
-
46 749
pensions
-
-
-
24 818
other
-
-
-
88
unemployment
-
-
-
614
total
-
-
-
73 059
Employee
34 985
-
138 542
-
unemployment
542
-
1 359
-
pensions
1 645
-
4 122
-
income
6 745
-
43 501
-
other
34
-
88
-
total
8 966
-
49 070
-
Employer
34 985
-
138 542
-
pensions
8 256
-
20 697
-
other
280
-
702
-
unemployment
1 925
-
4 823
-
accident
693
-
1 736
-
total
11 154
-
27 958
-
Corporate
120 361
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.

18 054
24 976
-
-
total
18 054
24 976
-
-
Dividends
102 307
141 524
-
-
withholding
21 519
30 540
-
-
total
21 519
30 540
-
-
Income
166 500
166 500
166 500
166 500
Total tax
59 693
55 516
77 028
73 059
After tax
106 807
110 984
89 472
93 441
Living cost
26 018
26 018
26 018
26 018
Free-cash
80 789
84 966
63 454
67 423

Estimated living cost  is ₽26018 per week

₽17562
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2501
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽456
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5500
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽101730
₽105140
₽102036
₽105272
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
984
income
-
-
-
57 027
pensions
-
-
-
1 357
total
-
-
-
59 368
Employee
2 833
-
164 973
-
unemployment
28
-
68
-
pensions
255
-
611
-
health
142
-
339
-
income
548
-
56 955
-
total
973
-
57 973
-
Employer
2 833
-
164 973
-
pensions
312
-
746
-
health
269
-
645
-
unemployment
57
-
136
-
total
638
-
1 527
-
Corporate
163 029
166 500
-
-
income
35 866
36 630
-
-
total
35 866
36 630
-
-
Dividends
127 163
129 870
-
-
withholding
25 433
25 974
-
-
total
25 433
25 974
-
-
Income
166 500
166 500
166 500
166 500
Total tax
62 910
62 604
59 500
59 368
After tax
103 590
103 896
107 000
107 132
Living cost
1 860
1 860
1 860
1 860
Free-cash
101 730
102 036
105 140
105 272

Estimated living cost  is ₽1860 per week

₽1106
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽151
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽43
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽561
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽99285
₽86046
₽103938
₽86044
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
7 200
income
-
-
-
37 674
pensions
-
-
-
18 175
unemployment
-
-
-
1 049
total
-
-
-
64 098
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.

24 666
-
153 987
-
unemployment
185
-
524
-
pensions
3 453
-
9 786
-
health
1 270
-
3 600
-
income
3 400
-
37 674
-
total
8 308
-
51 584
-
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.

24 666
-
153 987
-
pensions
2 960
-
8 388
-
health
1 270
-
3 600
-
unemployment
185
-
524
-
total
4 415
-
12 512
-
Corporate
137 418
166 500
-
-
income
20 613
24 975
-
-
total
20 613
24 975
-
-
Dividends
116 805
141 525
-
-
withholding
17 521
21 229
-
-
total
17 521
21 229
-
-
Income
166 500
166 500
166 500
166 500
Total tax
50 857
46 204
64 096
64 098
After tax
115 643
120 296
102 404
102 402
Living cost
16 358
16 358
16 358
16 358
Free-cash
99 285
103 938
86 046
86 044

Estimated living cost  is ₽16358 per week

₽11014
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1265
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽473
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3605
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽68855
₽51047
₽69196
₽63671
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
social contributions

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

-
-
-
57 859
income
-
-
-
19 462
surtax
-
-
-
-
total
-
-
-
77 321
Employee
36 722
-
134 545
-
social contributions
4 040
-
14 800
-
income
7 175
-
43 190
-
surtax
-
-
-
-
total
11 215
-
57 990
-
Employer
36 722
-
134 545
-
social contributions
8 721
-
31 955
-
total
8 721
-
31 955
-
Corporate
121 057
166 500
-
-
income
25 423
34 966
-
-
surtax
-
-
-
-
total
25 423
34 966
-
-
Dividends
95 634
131 534
-
-
withholding
26 778
36 830
-
-
total
26 778
36 830
-
-
Income
166 500
166 500
166 500
166 500
Total tax
72 137
71 796
89 945
77 321
After tax
94 363
94 704
76 555
89 179
Living cost
25 508
25 508
25 508
25 508
Free-cash
68 855
69 196
51 047
63 671

Estimated living cost  is ₽25508 per week

₽18066
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.
₽452
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5218
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽71543
₽56220
₽77732
₽60189
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
166 500
accident
-
-
-
790
income
-
-
-
46 749
pensions
-
-
-
24 818
other
-
-
-
88
unemployment
-
-
-
614
total
-
-
-
73 059
Employee
45 695
-
138 542
-
unemployment
707
-
1 359
-
pensions
2 147
-
4 122
-
income
9 544
-
43 501
-
other
45
-
88
-
total
12 443
-
49 070
-
Employer
45 695
-
138 542
-
pensions
10 784
-
20 697
-
other
366
-
702
-
unemployment
2 514
-
4 823
-
accident
905
-
1 736
-
total
14 569
-
27 958
-
Corporate
106 236
166 500
-
-
income

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

15 935
24 976
-
-
total
15 935
24 976
-
-
Dividends
90 301
141 524
-
-
withholding
18 758
30 540
-
-
total
18 758
30 540
-
-
Income
166 500
166 500
166 500
166 500
Total tax
61 705
55 516
77 028
73 059
After tax
104 795
110 984
89 472
93 441
Living cost
33 252
33 252
33 252
33 252
Free-cash
71 543
77 732
56 220
60 189

Estimated living cost  is ₽33252 per week

₽23880
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2586
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.
₽6318
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽120315
₽122953
₽126082
₽116425
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
3 801
income
-
-
-
24 975
pensions

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

-
-
-
4 891
unemployment
-
-
-
132
total
-
-
-
33 799
Employee
21 552
-
160 016
-
accident

We are using the highest rate at 1.1%.

237
-
364
-
pensions

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

1 892
-
2 902
-
health
991
-
1 520
-
income
2 156
-
16 001
-
total
5 276
-
20 787
-
Employer
21 552
-
160 016
-
pensions

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

2 375
-
3 642
-
health
1 487
-
2 280
-
unemployment
129
-
198
-
accident

We are using the highest rate at 1.1%.

237
-
364
-
total
4 228
-
6 484
-
Corporate
140 720
166 500
-
-
income
14 072
16 650
-
-
total
14 072
16 650
-
-
Dividends
126 648
149 850
-
-
withholding
6 333
7 492
-
-
total
6 333
7 492
-
-
Income
166 500
166 500
166 500
166 500
Total tax
29 909
24 142
27 271
33 799
After tax
136 591
142 358
139 229
132 701
Living cost
16 276
16 276
16 276
16 276
Free-cash
120 315
126 082
122 953
116 425

Estimated living cost  is ₽16276 per week

₽10765
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽932
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽388
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4192
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽61536
₽69228
₽49159
₽51648
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
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.

-
-
-
6 464
trade
-
-
-
17 580
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.

-
-
-
51 449
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.

-
-
-
2 830
total
-
-
-
78 323
Employee

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

47 077
-
166 500
-
health

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

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

6 464
-
6 464
-
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.

3 871
-
51 449
-
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
-
2 830
-
total
10 549
-
60 743
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
119 423
166 500
-
-
income
17 914
24 976
-
-
chamber of commerce
320
388
-
-
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.

986
1 374
-
-
trade
17 136
23 893
-
-
total
36 356
50 631
-
-
Dividends
83 067
115 870
-
-
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.

1 122
1 573
-
-
withholding
20 408
28 608
-
-
total
21 530
30 181
-
-
Income
166 500
166 500
166 500
166 500
Total tax
68 435
80 812
60 743
78 323
After tax
98 065
85 688
105 757
88 177
Living cost
36 529
36 529
36 529
36 529
Free-cash
61 536
49 159
69 228
51 648

Estimated living cost  is ₽36529 per week

₽25198
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3930
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽530
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6870
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽64743
₽33866
₽62653
₽33866
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
166 500
social contributions
-
-
-
27 775
income
-
-
-
50 962
total
-
-
-
78 737
Employee
74 011
-
166 500
-
social contributions
6 149
-
27 775
-
income
13 965
-
50 962
-
total
20 114
-
78 737
-
Employer
74 011
-
166 500
-
total
-
-
-
-
Corporate
92 489
166 500
-
-
income
11 561
20 812
-
-
total
11 561
20 812
-
-
Dividends
80 928
145 688
-
-
withholding
16 185
29 138
-
-
total
16 185
29 138
-
-
Income
166 500
166 500
166 500
166 500
Total tax
47 860
49 950
78 737
78 737
After tax
118 640
116 550
87 763
87 763
Living cost
53 897
53 897
53 897
53 897
Free-cash
64 743
62 653
33 866
33 866

Estimated living cost  is ₽53897 per week

₽41004
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4392
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽515
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7986
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽72186
₽84049
₽68880
₽99339
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
26 933
health

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

-
-
-
5 882
total
-
-
-
32 815
Employee
43 404
-
162 148
-
social contributions
4 349
-
4 352
-
income
4 710
-
39 401
-
total
9 059
-
43 753
-
Employer
43 404
-
162 148
-
social contributions
4 349
-
4 352
-
total
4 349
-
4 352
-
Corporate
118 747
166 500
-
-
income
41 561
58 275
-
-
total
41 561
58 275
-
-
Dividends
77 186
108 225
-
-
social contributions
4 999
4 999
-
-
total
4 999
4 999
-
-
Income
166 500
166 500
166 500
166 500
Total tax
59 968
63 274
48 105
32 815
After tax
106 532
103 226
118 395
133 685
Living cost
34 346
34 346
34 346
34 346
Free-cash
72 186
68 880
84 049
99 339

Estimated living cost  is ₽34346 per week

₽22623
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2708
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽526
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8487
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽79715
₽60718
₽74233
₽75769
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
47 952
pensions
-
-
-
8 397
total
-
-
-
56 349
Employee
47 194
-
145 416
-
pensions
3 602
-
10 303
-
health
616
-
2 094
-
income
8 594
-
37 919
-
total
12 812
-
50 316
-
Employer
47 194
-
145 416
-
pensions
4 768
-
18 322
-
health
897
-
2 762
-
total
5 665
-
21 084
-
Corporate
113 641
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.

21 592
31 636
-
-
total
21 592
31 636
-
-
Dividends
92 049
134 864
-
-
withholding
12 334
26 249
-
-
total
12 334
26 249
-
-
Income
166 500
166 500
166 500
166 500
Total tax
52 403
57 885
71 400
56 349
After tax
114 097
108 615
95 100
110 151
Living cost
34 382
34 382
34 382
34 382
Free-cash
79 715
74 233
60 718
75 769

Estimated living cost  is ₽34382 per week

₽23586
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3162
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.
₽7202
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽9992
₽67587
-₽9298
₽91043
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
166 500
accident
-
-
-
242
health
-
-
-
2 086
income
-
-
-
46 011
pensions
-
-
-
3 980
other
-
-
-
354
total
-
-
-
52 673
Employee
35 840
-
149 792
-
pensions
4 036
-
7 297
-
health
4 103
-
17 151
-
income
4 917
-
34 973
-
total
13 056
-
59 421
-
Employer
35 840
-
149 792
-
pensions
5 827
-
10 537
-
unemployment
878
-
3 670
-
accident
598
-
2 501
-
total
7 303
-
16 708
-
Corporate
123 357
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.

111 021
149 850
-
-
total
111 021
149 850
-
-
Dividends
12 335
16 650
-
-
withholding
2 344
3 164
-
-
total
2 344
3 164
-
-
Income
166 500
166 500
166 500
166 500
Total tax
133 724
153 014
76 129
52 673
After tax
32 776
13 486
90 371
113 827
Living cost
22 784
22 784
22 784
22 784
Free-cash
9 992
-9 298
67 587
91 043

Estimated living cost  is ₽22784 per week

₽16721
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1328
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽459
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4276
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽122886
₽105436
₽127318
₽84614
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
27 447
health insurance
-
-
-
11 207
pensions
-
-
-
27 866
unemployment
-
-
-
1 817
work injury
-
-
-
757
total
-
-
-
69 094
Employee

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

20 467
-
166 500
-
unemployment
246
-
909
-
pensions
3 766
-
13 933
-
work injury
102
-
379
-
income
2 047
-
27 447
-
health insurance
1 515
-
5 604
-
total
7 676
-
48 272
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
146 033
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%.

1 460
1 665
-
-
total
1 460
1 665
-
-
Dividends
144 573
164 835
-
-
withholding
21 686
24 725
-
-
total
21 686
24 725
-
-
Income
166 500
166 500
166 500
166 500
Total tax
30 822
26 390
48 272
69 094
After tax
135 678
140 110
118 228
97 406
Living cost
12 792
12 792
12 792
12 792
Free-cash
122 886
127 318
105 436
84 614

Estimated living cost  is ₽12792 per week

₽7925
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽930
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽399
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3538
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽45704
₽32609
₽50007
₽39921
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
166 500
social contributions
-
-
-
42 823
municipal
-
-
-
1 113
regional
-
-
-
3 813
national
-
-
-
41 137
total
-
-
-
88 886
Employee
79 729
-
166 500
-
regional
1 204
-
3 384
-
municipal
476
-
993
-
national
13 474
-
35 677
-
social contributions
26 884
-
56 144
-
total
42 038
-
96 198
-
Employer
79 729
-
166 500
-
total
-
-
-
-
Corporate
86 771
166 500
-
-
municipal
4 182
8 026
-
-
nationa
20 824
39 961
-
-
total
25 006
47 987
-
-
Dividends
61 765
118 513
-
-
withholding
16 059
30 813
-
-
total
16 059
30 813
-
-
Income
166 500
166 500
166 500
166 500
Total tax
83 103
78 800
96 198
88 886
After tax
83 397
87 700
70 302
77 614
Living cost
37 693
37 693
37 693
37 693
Free-cash
45 704
50 007
32 609
39 921

Estimated living cost  is ₽37693 per week

₽26477
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2593
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.
₽8053
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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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