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
₽77239
₽55574
₽57881
₽65945
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
6 406
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.

-
-
-
51 616
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.

-
-
-
2 838
trade
-
-
-
19 358
total
-
-
-
80 218
Employee

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

35 863
-
166 500
-
surtax

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

55
-
2 838
-
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.

1 002
-
51 616
-
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.

6 406
-
6 406
-
total
7 463
-
60 860
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
130 637
166 500
-
-
chamber of commerce
329
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.

1 078
1 374
-
-
trade
20 575
26 224
-
-
income
19 596
24 975
-
-
total
41 578
52 954
-
-
Dividends
89 058
113 546
-
-
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.

1 205
1 541
-
-
withholding
21 908
28 030
-
-
total
23 113
29 571
-
-
Income
166 500
166 500
166 500
166 500
Total tax
72 154
82 525
60 860
80 218
After tax
94 346
83 975
105 640
86 282
Living cost
28 401
28 401
28 401
28 401
Free-cash
65 945
55 574
77 239
57 881

Estimated living cost  is ₽28401 per week

₽17865
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3311
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.
₽6694
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽50284
₽54673
₽49084
₽53855
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
pensions
-
-
-
19 980
national
-
-
-
28 215
municipal
-
-
-
18 208
total
-
-
-
68 193
Employee
76 305
-
143 938
-
municipal
9 425
-
18 852
-
national
14 605
-
29 321
-
pensions
3 052
-
5 758
-
total
27 082
-
53 931
-
Employer
76 305
-
143 938
-
pensions
6 104
-
11 515
-
social contributions
820
-
1 547
-
total
6 924
-
13 062
-
Corporate
78 235
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%.

15 647
33 300
-
-
total
15 647
33 300
-
-
Dividends
62 588
133 200
-
-
withholding
13 769
29 304
-
-
total
13 769
29 304
-
-
Income
166 500
166 500
166 500
166 500
Total tax
63 422
62 604
66 993
68 193
After tax
103 078
103 896
99 507
98 307
Living cost
49 223
49 223
49 223
49 223
Free-cash
53 855
54 673
50 284
49 084

Estimated living cost  is ₽49223 per week

₽33456
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4576
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽737
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10454
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽50544
₽113692
₽38065
₽106002
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
35 925
income
-
-
-
30 546
surtax
-
-
-
42 457
microenterprise
-
-
-
-
total
-
-
-
108 928
Employee
27 399
-
125 747
-
surtax
-
-
18 233
-
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.

3 014
-
12 292
-
income
4 877
-
25 171
-
total
7 891
-
55 696
-
Employer
27 399
-
125 747
-
surtax
-
-
13 833
-
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.

6 600
-
26 920
-
total
6 600
-
40 753
-
Corporate
132 502
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%.

26 500
33 301
-
-
total
26 500
33 301
-
-
Dividends

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

106 002
133 199
-
-
total
-
-
-
-
Income
166 500
166 500
166 500
166 500
Total tax
40 991
33 301
96 449
108 928
After tax
125 509
133 199
70 051
57 572
Living cost
19 507
19 507
19 507
19 507
Free-cash
106 002
113 692
50 544
38 065

Estimated living cost  is ₽19507 per week

₽12445
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1858
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽443
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4762
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽64891
₽43172
₽52549
₽37429
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
11 562
income
-
-
-
52 124
pensions
-
-
-
10 986
total
-
-
-
74 672
Employee
80 071
80 071
149 075
-
income

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

13 106
13 106
22 357
-
pensions
14 413
10 986
10 986
-
health
12 290
10 454
11 562
-
total
39 809
34 546
44 905
-
Employer
80 071
80 071
149 075
-
unemployment
2 883
2 883
3 582
-
health
5 566
5 566
6 916
-
pensions
5 573
5 573
6 927
-
total
14 022
14 022
17 425
-
Corporate
73 389
72 407
-
-
income
14 678
14 482
-
-
total
14 678
14 482
-
-
Dividends
58 712
57 925
-
-
income
12 477
12 310
-
-
withholding
8 806
8 689
-
-
total
21 283
20 999
-
-
Income
166 500
166 500
166 500
166 500
Total tax
89 792
84 049
62 330
74 672
After tax
76 708
82 451
104 170
91 828
Living cost
39 279
39 279
39 279
39 279
Free-cash
37 429
43 172
64 891
52 549

Estimated living cost  is ₽39279 per week

₽27836
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3541
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽625
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7278
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽46174
₽52272
₽47110
₽51406
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
166 500
other
-
-
-
9 840
health
-
-
-
5 284
accident
-
-
-
169
pensions
-
-
-
9 154
national
-
-
-
13 886
unemployment
-
-
-
85
municipal
-
-
-
42 335
total
-
-
-
80 753
Employee
55 054
-
139 894
-
municipal
16 417
-
41 716
-
national
-
-
13 367
-
total
16 417
-
55 083
-
Employer
55 054
-
139 894
-
other
6 397
-
9 840
-
unemployment
1 453
-
2 235
-
health
3 386
-
5 208
-
accident
110
-
169
-
pensions
5 951
-
9 154
-
total
17 297
-
26 606
-
Corporate
94 148
166 500
-
-
income
20 712
36 630
-
-
total
20 712
36 630
-
-
Dividends
73 435
129 870
-
-
withholding
22 031
38 961
-
-
total
22 031
38 961
-
-
Income
166 500
166 500
166 500
166 500
Total tax
76 457
75 591
81 689
80 753
After tax
90 043
90 909
84 811
85 747
Living cost
38 637
38 637
38 637
38 637
Free-cash
51 406
52 272
46 174
47 110

Estimated living cost  is ₽38637 per week

₽25607
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3791
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.
₽8652
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽68805
₽46283
₽48588
₽59459
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
6 406
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.

-
-
-
51 616
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.

-
-
-
2 838
trade
-
-
-
20 217
total
-
-
-
81 077
Employee

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

47 550
-
166 500
-
surtax

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

224
-
2 838
-
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.

4 085
-
51 616
-
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.

6 406
-
6 406
-
total
10 715
-
60 860
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
118 950
166 500
-
-
chamber of commerce
311
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.

980
1 374
-
-
trade
19 568
27 390
-
-
income
17 842
24 975
-
-
total
38 701
54 118
-
-
Dividends
80 249
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.

1 084
1 525
-
-
withholding
19 706
27 739
-
-
total
20 790
29 264
-
-
Income
166 500
166 500
166 500
166 500
Total tax
70 206
83 382
60 860
81 077
After tax
96 294
83 118
105 640
85 423
Living cost
36 835
36 835
36 835
36 835
Free-cash
59 459
46 283
68 805
48 588

Estimated living cost  is ₽36835 per week

₽24635
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3884
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽550
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7765
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽81863
₽91046
₽83323
₽87156
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
15 171
health
-
-
-
4 246
income
-
-
-
33 347
total
-
-
-
52 764
Employee
72 101
72 101
155 552
-
social contributions
3 504
5 984
8 071
-
income
7 571
6 674
32 561
-
health
717
1 226
2 644
-
total
11 792
13 884
43 276
-
Employer
72 101
72 101
155 552
-
health
781
1 335
2 877
-
social contributions
3 504
5 984
8 071
-
total
4 285
7 319
10 948
-
Corporate
120 011
87 081
-
-
income
15 002
10 884
-
-
total
15 002
10 884
-
-
Dividends
105 009
76 196
-
-
withholding
17 852
12 954
-
-
total
17 852
12 954
-
-
Income
166 500
166 500
166 500
166 500
Total tax
48 931
45 041
54 224
52 764
After tax
117 569
121 459
112 276
113 736
Living cost
30 413
30 413
30 413
30 413
Free-cash
87 156
91 046
81 863
83 323

Estimated living cost  is ₽30413 per week

₽20790
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2375
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽511
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6737
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽79073
₽76088
₽97894
₽76450
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
2 497
total
-
-
-
51 157
Employee

As of 2018, the minimum salary of a managing director was set at 180,500 HUF per month.

The minimum wage is 138,000 HUF per month.

25 188
10 024
139 331
-
income
3 079
1 225
17 033
-
pensions
2 519
1 002
13 933
-
health
1 763
702
9 753
-
unemployment
378
150
2 090
-
total
7 739
3 079
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.

25 188
10 024
139 331
-
pensions
4 912
1 955
27 169
-
total
4 912
1 955
27 169
-
Corporate
136 400
154 521
-
-
income
12 276
13 907
-
-
total
12 276
13 907
-
-
Dividends
124 124
140 614
-
-
social contributions
24 090
27 305
-
-
withholding
23 584
26 717
-
-
total
47 674
54 022
-
-
Income
166 500
166 500
166 500
166 500
Total tax
72 601
72 963
69 978
51 157
After tax
93 899
93 537
96 522
115 343
Living cost
17 449
17 449
17 449
17 449
Free-cash
76 450
76 088
79 073
97 894

Estimated living cost  is ₽17449 per week

₽11907
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1428
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.
₽3765
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽73320
₽110551
₽66596
₽104727
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
21 644
income
-
-
-
22 311
pensions
-
-
-
33 301
total
-
-
-
77 256
Employee
26 600
-
124 439
-
income
2 995
-
23 991
-
pensions
532
-
2 489
-
unemployment
425
-
1 991
-
total
3 952
-
28 471
-
Employer
26 600
-
124 439
-
unemployment
214
-
995
-
health
3 457
-
16 178
-
pensions
5 320
-
24 888
-
total
8 991
-
42 061
-
Corporate
130 909
166 500
-
-
income
26 182
33 301
-
-
total
26 182
33 301
-
-
Dividends
104 728
133 199
-
-
total
-
-
-
-
Income
166 500
166 500
166 500
166 500
Total tax
39 125
33 301
70 532
77 256
After tax
127 375
133 199
95 968
89 244
Living cost
22 648
22 648
22 648
22 648
Free-cash
104 727
110 551
73 320
66 596

Estimated living cost  is ₽22648 per week

₽15534
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1349
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.
₽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 Tallinn model

Close
Gdansk , Poland
₽69685
-₽7276
₽93057
₽10303
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
166 500
other
-
-
-
350
health
-
-
-
2 058
accident
-
-
-
238
income
-
-
-
46 107
pensions
-
-
-
3 927
total
-
-
-
52 680
Employee
32 662
-
149 925
-
income
4 481
-
35 110
-
pensions
3 678
-
7 201
-
health
3 740
-
17 166
-
total
11 899
-
59 477
-
Employer
32 662
-
149 925
-
unemployment
800
-
3 673
-
accident
545
-
2 504
-
pensions
5 311
-
10 398
-
total
6 656
-
16 575
-
Corporate
127 181
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.

114 463
149 850
-
-
total
114 463
149 850
-
-
Dividends
12 718
16 650
-
-
withholding
2 416
3 163
-
-
total
2 416
3 163
-
-
Income
166 500
166 500
166 500
166 500
Total tax
135 434
153 013
76 052
52 680
After tax
31 066
13 487
90 448
113 820
Living cost
20 763
20 763
20 763
20 763
Free-cash
10 303
-7 276
69 685
93 057

Estimated living cost  is ₽20763 per week

₽15218
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1150
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽433
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3962
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽125375
₽150350
₽157010
₽148883
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
9 781
-
166 500
-
income
1 956
-
33 300
-
total
1 956
-
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%.

156 719
166 500
-
-
total
-
-
-
-
Dividends
156 719
166 500
-
-
withholding
7 836
8 325
-
-
total
7 836
8 325
-
-
Income
166 500
166 500
166 500
166 500
Total tax
9 792
8 325
33 300
1 665
After tax
156 708
158 175
133 200
164 835
Living cost
7 825
7 825
7 825
7 825
Free-cash
148 883
150 350
125 375
157 010

Estimated living cost  is ₽7825 per week

₽4850
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.
₽2110
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽69350
₽97342
₽68408
₽91009
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
166 500
other
-
-
-
6 772
health
-
-
-
6 274
income
-
-
-
25 840
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.

-
-
-
34 221
total
-
-
-
73 107
Employee
34 045
-
132 987
-
income
5 861
-
26 155
-
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.

2 383
-
9 310
-
health
477
-
1 861
-
unemployment
340
-
1 329
-
total
9 061
-
38 655
-
Employer
34 045
-
132 987
-
other
1 703
-
6 649
-
unemployment
340
-
1 329
-
health
477
-
1 861
-
accident
272
-
1 064
-
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.

5 788
-
22 607
-
total
8 580
-
33 510
-
Corporate
123 875
166 500
-
-
income
26 014
34 965
-
-
total
26 014
34 965
-
-
Dividends
97 861
131 535
-
-
withholding
6 851
9 208
-
-
total
6 851
9 208
-
-
Income
166 500
166 500
166 500
166 500
Total tax
50 506
44 173
72 165
73 107
After tax
115 994
122 327
94 335
93 393
Living cost
24 985
24 985
24 985
24 985
Free-cash
91 009
97 342
69 350
68 408

Estimated living cost  is ₽24985 per week

₽17653
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1687
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽402
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5242
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽33215
₽46732
₽48266
₽50163
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
47 960
pensions
-
-
-
8 396
total
-
-
-
56 356
Employee
87 549
-
145 414
-
income
15 782
-
37 925
-
health
1 443
-
2 095
-
pensions
8 446
-
10 301
-
total
25 671
-
50 321
-
Employer
87 549
-
145 414
-
health
1 663
-
2 763
-
pensions
10 337
-
18 323
-
total
12 000
-
21 086
-
Corporate
66 952
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.

12 721
31 634
-
-
total
12 721
31 634
-
-
Dividends
54 231
134 866
-
-
withholding
4 067
26 256
-
-
total
4 067
26 256
-
-
Income
166 500
166 500
166 500
166 500
Total tax
54 459
57 890
71 407
56 356
After tax
112 041
108 610
95 093
110 144
Living cost
61 878
61 878
61 878
61 878
Free-cash
50 163
46 732
33 215
48 266

Estimated living cost  is ₽61878 per week

₽46367
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽7270
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽503
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7739
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽127189
₽130150
₽120633
₽125824
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
3 740
income
-
-
-
24 975
pensions

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

-
-
-
4 814
unemployment
-
-
-
130
total
-
-
-
33 659
Employee
16 165
-
160 119
-
income
1 616
-
16 012
-
accident

We are using the highest rate at 1.1%.

178
-
358
-
pensions

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

1 419
-
2 856
-
health
744
-
1 496
-
total
3 957
-
20 722
-
Employer
16 165
-
160 119
-
unemployment
97
-
195
-
health
1 116
-
2 244
-
accident

We are using the highest rate at 1.1%.

178
-
358
-
pensions

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

1 782
-
3 584
-
total
3 173
-
6 381
-
Corporate
147 163
166 500
-
-
income
14 716
16 650
-
-
total
14 716
16 650
-
-
Dividends
132 447
149 850
-
-
withholding
6 622
7 492
-
-
total
6 622
7 492
-
-
Income
166 500
166 500
166 500
166 500
Total tax
28 468
24 142
27 103
33 659
After tax
138 032
142 358
139 397
132 841
Living cost
12 208
12 208
12 208
12 208
Free-cash
125 824
130 150
127 189
120 633

Estimated living cost  is ₽12208 per week

₽7127
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽872
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽323
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3886
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽52176
₽30457
₽39834
₽32816
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
11 562
income
-
-
-
52 124
pensions
-
-
-
10 986
total
-
-
-
74 672
Employee
86 932
80 071
149 075
-
income

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

13 106
13 106
22 357
-
pensions
10 986
10 986
10 986
-
health
10 845
10 454
11 562
-
total
34 937
34 546
44 905
-
Employer
86 932
80 071
149 075
-
unemployment
3 130
2 883
3 582
-
health
6 041
5 566
6 916
-
pensions
6 050
5 573
6 927
-
total
15 221
14 022
17 425
-
Corporate
64 348
72 407
-
-
income
12 870
14 482
-
-
total
12 870
14 482
-
-
Dividends
51 477
57 925
-
-
income
10 940
12 310
-
-
withholding
7 722
8 689
-
-
total
18 662
20 999
-
-
Income
166 500
166 500
166 500
166 500
Total tax
81 690
84 049
62 330
74 672
After tax
84 810
82 451
104 170
91 828
Living cost
51 994
51 994
51 994
51 994
Free-cash
32 816
30 457
52 176
39 834

Estimated living cost  is ₽51994 per week

₽38354
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4644
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽596
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8400
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽63702
₽91524
₽71041
₽83280
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
33 256
health
-
-
-
22 477
income
-
-
-
16 615
solidarity contribution
-
-
-
-
total
-
-
-
72 348
Employee
33 987
-
126 631
-
social contributions
2 209
-
7 403
-
solidarity contribution
-
-
-
-
income
4 078
-
15 320
-
health
4 588
-
17 095
-
total
10 875
-
39 818
-
Employer
33 987
-
126 631
-
health
3 059
-
11 397
-
social contributions
8 497
-
28 472
-
total
11 556
-
39 869
-
Corporate
120 958
166 500
-
-
income
22 982
31 635
-
-
total
22 982
31 635
-
-
Dividends
97 976
134 865
-
-
withholding
14 696
20 230
-
-
total
14 696
20 230
-
-
Income
166 500
166 500
166 500
166 500
Total tax
60 109
51 865
79 687
72 348
After tax
106 391
114 635
86 813
94 152
Living cost
23 111
23 111
23 111
23 111
Free-cash
83 280
91 524
63 702
71 041

Estimated living cost  is ₽23111 per week

₽16053
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1644
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽455
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4959
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽32411
₽49271
₽39932
₽44372
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
166 500
social contributions
-
-
-
42 824
national
-
-
-
41 223
regional
-
-
-
1 967
municipal
-
-
-
989
total
-
-
-
87 003
Employee
83 332
-
166 500
-
social contributions
28 100
-
56 144
-
municipal
441
-
883
-
national
14 440
-
35 762
-
regional
786
-
1 735
-
total
43 767
-
94 524
-
Employer
83 332
-
166 500
-
total
-
-
-
-
Corporate
83 168
166 500
-
-
nationa
19 961
39 959
-
-
municipal
3 244
6 493
-
-
total
23 205
46 452
-
-
Dividends
59 963
120 048
-
-
withholding
15 591
31 212
-
-
total
15 591
31 212
-
-
Income
166 500
166 500
166 500
166 500
Total tax
82 563
77 664
94 524
87 003
After tax
83 937
88 836
71 976
79 497
Living cost
39 565
39 565
39 565
39 565
Free-cash
44 372
49 271
32 411
39 932

Estimated living cost  is ₽39565 per week

₽27580
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2594
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽607
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8783
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽52350
₽84037
₽58083
₽81121
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
166 500
other
-
-
-
-
health
-
-
-
8 884
income
-
-
-
46 400
pensions
-
-
-
25 029
surtax
-
-
-
7 199
unemployment
-
-
-
214
total
-
-
-
87 726
Employee
31 007
-
140 158
-
surtax
101
-
6 078
-
income
5 198
-
40 792
-
other
-
-
-
-
pensions
2 068
-
8 347
-
health
792
-
3 190
-
unemployment
2 158
-
8 710
-
total
10 317
-
67 117
-
Employer
31 007
-
140 158
-
other
-
-
-
-
unemployment
982
-
3 966
-
health
1 411
-
5 694
-
pensions
4 133
-
16 682
-
total
6 526
-
26 342
-
Corporate
128 966
166 500
-
-
income
33 530
43 290
-
-
total
33 530
43 290
-
-
Dividends
95 435
123 210
-
-
withholding
14 315
18 482
-
-
total
14 315
18 482
-
-
Income
166 500
166 500
166 500
166 500
Total tax
64 688
61 772
93 459
87 726
After tax
101 812
104 728
73 041
78 774
Living cost
20 691
20 691
20 691
20 691
Free-cash
81 121
84 037
52 350
58 083

Estimated living cost  is ₽20691 per week

₽12651
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1909
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽477
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5653
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽52819
₽66336
₽67870
₽72447
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
47 960
pensions
-
-
-
8 396
total
-
-
-
56 356
Employee
58 673
-
145 414
-
income
10 567
-
37 925
-
health
852
-
2 095
-
pensions
4 980
-
10 301
-
total
16 399
-
50 321
-
Employer
58 673
-
145 414
-
health
1 115
-
2 763
-
pensions
6 351
-
18 323
-
total
7 466
-
21 086
-
Corporate
100 361
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.

19 068
31 634
-
-
total
19 068
31 634
-
-
Dividends
81 293
134 866
-
-
withholding
8 846
26 256
-
-
total
8 846
26 256
-
-
Income
166 500
166 500
166 500
166 500
Total tax
51 779
57 890
71 407
56 356
After tax
114 721
108 610
95 093
110 144
Living cost
42 274
42 274
42 274
42 274
Free-cash
72 447
66 336
52 819
67 870

Estimated living cost  is ₽42274 per week

₽31671
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3169
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.
₽6991
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽52169
₽1006
₽59972
₽33150
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
166 500
other

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

-
-
-
3 331
health
-
-
-
374
pensions
-
-
-
15 317
city
-
-
-
1 754
national
-
-
-
2 565
regional
-
-
-
8 056
total
-
-
-
31 397
Employee
87 922
-
149 023
-
national
416
-
1 955
-
city
944
-
1 602
-
pensions
7 387
-
12 519
-
health
199
-
336
-
regional
2 879
-
6 952
-
unemployment
-
-
-
-
total
11 825
-
23 364
-
Employer
87 922
-
149 023
-
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.

1 758
-
2 981
-
unemployment
-
-
-
-
health
199
-
336
-
pensions
7 387
-
12 519
-
total
9 344
-
15 836
-
Corporate
68 268
166 500
-
-
regional
14 439
35 214
-
-
national
5 802
14 152
-
-
total
20 241
49 366
-
-
Dividends
48 026
117 134
-
-
withholding
16 809
40 997
-
-
total
16 809
40 997
-
-
Income
166 500
166 500
166 500
166 500
Total tax
58 219
90 363
39 200
31 397
After tax
108 281
76 137
127 300
135 103
Living cost
75 131
75 131
75 131
75 131
Free-cash
33 150
1 006
52 169
59 972

Estimated living cost  is ₽75131 per week

₽48856
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽6742
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.
₽18609
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽62686
₽39308
₽41608
₽54512
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
6 406
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.

-
-
-
51 616
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.

-
-
-
2 838
trade
-
-
-
21 078
total
-
-
-
81 938
Employee

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

56 351
-
166 500
-
surtax

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

365
-
2 838
-
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.

6 626
-
51 616
-
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.

6 406
-
6 406
-
total
13 397
-
60 860
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
110 149
166 500
-
-
chamber of commerce
297
377
-
-
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.

909
1 374
-
-
trade
18 890
28 555
-
-
income
16 523
24 975
-
-
total
36 619
55 281
-
-
Dividends
73 530
111 219
-
-
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.

991
1 509
-
-
withholding
18 027
27 448
-
-
total
19 018
28 957
-
-
Income
166 500
166 500
166 500
166 500
Total tax
69 034
84 238
60 860
81 938
After tax
97 466
82 262
105 640
84 562
Living cost
42 954
42 954
42 954
42 954
Free-cash
54 512
39 308
62 686
41 608

Estimated living cost  is ₽42954 per week

₽31372
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3436
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽559
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7589
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽59253
₽51837
₽61726
₽57373
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
166 500
other
-
-
-
5 162
social contributions
-
-
-
4 744
health
-
-
-
7 082
income
-
-
-
26 145
pensions
-
-
-
29 561
surtax
-
-
-
-
total
-
-
-
72 694
Employee
40 130
-
128 943
-
surtax
-
-
-
-
social contributions
1 144
-
3 674
-
income
2 368
-
25 005
-
pensions
4 537
-
8 932
-
total
8 049
-
37 611
-
Employer
40 130
-
128 943
-
other
1 384
-
5 015
-
unemployment
1 625
-
5 222
-
health
2 810
-
11 891
-
pensions
6 593
-
15 042
-
social contributions
121
-
386
-
total
12 533
-
37 556
-
Corporate
113 838
166 500
-
-
surtax
-
-
-
-
income
31 876
46 619
-
-
total
31 876
46 619
-
-
Dividends
81 963
119 881
-
-
social contributions
14 098
20 619
-
-
surtax
-
-
-
-
withholding
10 491
15 345
-
-
total
24 589
35 964
-
-
Income
166 500
166 500
166 500
166 500
Total tax
77 047
82 583
75 167
72 694
After tax
89 453
83 917
91 333
93 806
Living cost
32 080
32 080
32 080
32 080
Free-cash
57 373
51 837
59 253
61 726

Estimated living cost  is ₽32080 per week

₽20228
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2609
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽546
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8699
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽62431
₽55015
₽64904
₽60225
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
166 500
other
-
-
-
5 162
social contributions
-
-
-
4 744
health
-
-
-
7 082
income
-
-
-
26 145
pensions
-
-
-
29 561
surtax
-
-
-
-
total
-
-
-
72 694
Employee
35 822
-
128 943
-
surtax
-
-
-
-
social contributions
1 021
-
3 674
-
income
1 847
-
25 005
-
pensions
4 052
-
8 932
-
total
6 920
-
37 611
-
Employer
35 822
-
128 943
-
other
1 237
-
5 015
-
unemployment
1 450
-
5 222
-
health
2 507
-
11 891
-
pensions
5 886
-
15 042
-
social contributions
107
-
386
-
total
11 187
-
37 556
-
Corporate
119 492
166 500
-
-
surtax
-
-
-
-
income
33 457
46 619
-
-
total
33 457
46 619
-
-
Dividends
86 034
119 881
-
-
social contributions
14 797
20 619
-
-
surtax
-
-
-
-
withholding
11 012
15 345
-
-
total
25 809
35 964
-
-
Income
166 500
166 500
166 500
166 500
Total tax
77 373
82 583
75 167
72 694
After tax
89 127
83 917
91 333
93 806
Living cost
28 902
28 902
28 902
28 902
Free-cash
60 225
55 015
62 431
64 904

Estimated living cost  is ₽28902 per week

₽16762
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2936
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.
₽8657
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽83571
₽81697
₽87044
₽82184
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
11 621
income
-
-
-
24 975
total
-
-
-
59 573
Employee
31 792
-
166 500
-
social contributions
4 388
-
22 977
-
income
5 303
-
28 448
-
health
2 219
-
11 621
-
total
11 910
-
63 046
-
Employer
31 792
-
166 500
-
total
-
-
-
-
Corporate
134 708
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%.

6 735
8 326
-
-
total
6 735
8 326
-
-
Dividends
127 973
158 174
-
-
social contributions
17 660
21 827
-
-
withholding
19 196
23 726
-
-
health
8 932
11 041
-
-
total
45 788
56 594
-
-
Income
166 500
166 500
166 500
166 500
Total tax
64 433
64 920
63 046
59 573
After tax
102 067
101 580
103 454
106 927
Living cost
19 883
19 883
19 883
19 883
Free-cash
82 184
81 697
83 571
87 044

Estimated living cost  is ₽19883 per week

₽13306
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1226
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽457
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4891
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽11082
₽59073
₽52421
₽57621
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
8 379
income
-
-
-
45 795
chamber of commerce
-
-
-
665
pensions
-
-
-
20 265
surtax
-
-
-
185
unemployment
-
-
-
5 751
total
-
-
-
81 040
Employee
46 859
37 367
133 071
-
income
5 335
2 756
36 737
-
other
468
374
1 096
-
pensions
4 799
3 826
11 217
-
health
1 813
1 447
4 238
-
unemployment
1 406
1 121
3 286
-
total
13 821
9 524
56 574
-
Employer
46 859
37 367
133 071
-
other
2 226
1 774
6 121
-
unemployment
1 406
1 121
3 286
-
health
1 770
1 413
4 141
-
surtax
185
185
185
-
accident
609
486
1 423
-
pensions
5 881
4 690
13 747
-
payroll
1 406
1 121
3 993
-
chamber of commerce
187
149
532
-
total
13 670
10 939
33 428
-
Corporate
105 971
118 194
129 512
-
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.

26 493
29 548
32 377
-
total
26 493
29 548
32 377
-
Dividends
79 479
88 646
-
-
withholding
21 856
24 377
-
-
total
21 856
24 377
-
-
Income
166 500
166 500
166 500
166 500
Total tax
75 840
74 388
122 379
81 040
After tax
90 660
92 112
44 121
85 460
Living cost
33 039
33 039
33 039
33 039
Free-cash
57 621
59 073
11 082
52 421

Estimated living cost  is ₽33039 per week

₽22036
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2819
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽543
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7642
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽24356
₽58928
₽38006
₽44865
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
23 377
communal

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

-
-
-
8 587
national
-
-
-
62 342
total
-
-
-
94 306
Employee

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

67 071
-
128 963
-
national
20 620
-
46 835
-
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.

5 030
-
9 673
-
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.

3 151
-
6 061
-
communal

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

3 498
-
6 726
-
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.

584
-
1 123
-
total
32 883
-
70 418
-
Employer

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

67 071
-
128 963
-
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.

979
-
1 883
-
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.

4 125
-
7 931
-
surtax
7 605
-
14 623
-
accident

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

872
-
1 676
-
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.

5 943
-
11 425
-
total
19 524
-
37 538
-
Corporate
79 906
166 500
-
-
surtax
320
665
-
-
income
15 980
33 301
-
-
total
16 300
33 966
-
-
Dividends
63 606
132 534
-
-
withholding

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

18 740
39 418
-
-
total
18 740
39 418
-
-
Income
166 500
166 500
166 500
166 500
Total tax
87 447
73 384
107 956
94 306
After tax
79 053
93 116
58 544
72 194
Living cost
34 188
34 188
34 188
34 188
Free-cash
44 865
58 928
24 356
38 006

Estimated living cost  is ₽34188 per week

₽22021
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2989
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽536
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8642
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽55628
₽77106
₽59562
₽70682
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
166 500
other
-
-
-
87
accident
-
-
-
783
income
-
-
-
47 003
pensions
-
-
-
24 594
unemployment
-
-
-
609
total
-
-
-
73 076
Employee
46 674
-
138 794
-
income
9 848
-
43 784
-
other
46
-
87
-
pensions
2 194
-
4 085
-
unemployment
724
-
1 347
-
total
12 812
-
49 303
-
Employer
46 674
-
138 794
-
other
372
-
696
-
unemployment
2 568
-
4 779
-
accident
923
-
1 721
-
pensions
11 014
-
20 511
-
total
14 877
-
27 707
-
Corporate
104 949
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.

15 742
24 975
-
-
total
15 742
24 975
-
-
Dividends
89 207
141 525
-
-
withholding
18 525
30 557
-
-
total
18 525
30 557
-
-
Income
166 500
166 500
166 500
166 500
Total tax
61 956
55 532
77 010
73 076
After tax
104 544
110 968
89 490
93 424
Living cost
33 862
33 862
33 862
33 862
Free-cash
70 682
77 106
55 628
59 562

Estimated living cost  is ₽33862 per week

₽24936
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2402
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽488
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6036
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽37850
₽46355
₽31213
₽34333
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
11 698
accident
-
-
-
1 404
income
-
-
-
27 496
pensions
-
-
-
24 956
communal
-
-
-
10 523
surtax
-
-
-
8 254
total
-
-
-
84 331
Employee
71 007
-
148 728
-
surtax
4 352
-
9 116
-
income
6 859
-
32 289
-
pensions
5 680
-
11 899
-
health
3 160
-
6 617
-
total
20 051
-
59 921
-
Employer
71 007
-
148 728
-
health
2 165
-
4 536
-
accident
639
-
1 338
-
pensions
5 680
-
11 899
-
total
8 484
-
17 773
-
Corporate
87 009
166 500
-
-
surtax
913
1 749
-
-
income
13 052
24 975
-
-
communal
5 874
11 238
-
-
total
19 839
37 962
-
-
Dividends
67 171
128 537
-
-
income
22 762
11 946
-
-
withholding
10 075
19 281
-
-
total
32 837
31 227
-
-
Income
166 500
166 500
166 500
166 500
Total tax
81 211
69 189
77 694
84 331
After tax
85 289
97 311
88 806
82 169
Living cost
50 956
50 956
50 956
50 956
Free-cash
34 333
46 355
37 850
31 213

Estimated living cost  is ₽50956 per week

₽38224
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3087
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.
₽9103
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽51980
₽83667
₽57713
₽80684
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
166 500
other
-
-
-
-
health
-
-
-
8 884
income
-
-
-
46 400
pensions
-
-
-
25 029
surtax
-
-
-
7 199
unemployment
-
-
-
214
total
-
-
-
87 726
Employee
31 577
-
140 158
-
surtax
112
-
6 078
-
income
5 294
-
40 792
-
other
-
-
-
-
pensions
2 107
-
8 347
-
health
806
-
3 190
-
unemployment
2 198
-
8 710
-
total
10 517
-
67 117
-
Employer
31 577
-
140 158
-
other
-
-
-
-
unemployment
1 002
-
3 966
-
health
1 436
-
5 694
-
pensions
4 210
-
16 682
-
total
6 648
-
26 342
-
Corporate
128 276
166 500
-
-
income
33 352
43 290
-
-
total
33 352
43 290
-
-
Dividends
94 923
123 210
-
-
withholding
14 238
18 482
-
-
total
14 238
18 482
-
-
Income
166 500
166 500
166 500
166 500
Total tax
64 755
61 772
93 459
87 726
After tax
101 745
104 728
73 041
78 774
Living cost
21 061
21 061
21 061
21 061
Free-cash
80 684
83 667
51 980
57 713

Estimated living cost  is ₽21061 per week

₽12715
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1831
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽489
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6027
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽46212
₽62258
₽53696
₽60178
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
166 500
social contributions
-
-
-
42 824
national
-
-
-
41 223
regional
-
-
-
2 510
municipal
-
-
-
989
total
-
-
-
87 546
Employee
52 013
-
166 500
-
social contributions
17 539
-
56 144
-
municipal
276
-
883
-
national
8 240
-
35 762
-
regional
700
-
2 241
-
total
26 755
-
95 030
-
Employer
52 013
-
166 500
-
total
-
-
-
-
Corporate
114 487
166 500
-
-
nationa
27 477
39 959
-
-
municipal
5 690
8 276
-
-
total
33 167
48 235
-
-
Dividends
81 320
118 265
-
-
withholding
21 142
30 749
-
-
total
21 142
30 749
-
-
Income
166 500
166 500
166 500
166 500
Total tax
81 064
78 984
95 030
87 546
After tax
85 436
87 516
71 470
78 954
Living cost
25 258
25 258
25 258
25 258
Free-cash
60 178
62 258
46 212
53 696

Estimated living cost  is ₽25258 per week

₽15708
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2559
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽432
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6559
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽58334
₽86156
₽65673
₽75997
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
33 256
health
-
-
-
22 477
income
-
-
-
16 615
solidarity contribution
-
-
-
-
total
-
-
-
72 348
Employee
41 880
-
126 631
-
social contributions
2 722
-
7 403
-
solidarity contribution
-
-
-
-
income
5 026
-
15 320
-
health
5 654
-
17 095
-
total
13 402
-
39 818
-
Employer
41 880
-
126 631
-
health
3 769
-
11 397
-
social contributions
10 470
-
28 472
-
total
14 239
-
39 869
-
Corporate
110 380
166 500
-
-
income
20 972
31 635
-
-
total
20 972
31 635
-
-
Dividends
89 408
134 865
-
-
withholding
13 411
20 230
-
-
total
13 411
20 230
-
-
Income
166 500
166 500
166 500
166 500
Total tax
62 024
51 865
79 687
72 348
After tax
104 476
114 635
86 813
94 152
Living cost
28 479
28 479
28 479
28 479
Free-cash
75 997
86 156
58 334
65 673

Estimated living cost  is ₽28479 per week

₽21179
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1578
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽493
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5230
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽14255
₽62298
₽55731
₽61833
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
8 379
income
-
-
-
45 795
chamber of commerce
-
-
-
665
pensions
-
-
-
20 265
surtax
-
-
-
-
unemployment
-
-
-
5 751
total
-
-
-
80 855
Employee
40 987
37 367
133 244
-
income
3 651
2 756
36 819
-
other
409
374
1 096
-
pensions
4 198
3 826
11 217
-
health
1 585
1 447
4 238
-
unemployment
1 230
1 121
3 286
-
total
11 073
9 524
56 656
-
Employer
40 987
37 367
133 244
-
other
1 947
1 774
6 126
-
unemployment
1 230
1 121
3 286
-
health
1 550
1 413
4 141
-
surtax
-
-
-
-
accident
532
486
1 423
-
pensions
5 144
4 690
13 747
-
payroll
1 230
1 121
3 996
-
chamber of commerce
164
149
534
-
total
11 797
10 754
33 253
-
Corporate
113 717
118 379
129 687
-
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.

28 429
29 594
32 422
-
total
28 429
29 594
32 422
-
Dividends
85 288
88 784
-
-
withholding
23 454
24 416
-
-
total
23 454
24 416
-
-
Income
166 500
166 500
166 500
166 500
Total tax
74 753
74 288
122 331
80 855
After tax
91 747
92 212
44 169
85 645
Living cost
29 914
29 914
29 914
29 914
Free-cash
61 833
62 298
14 255
55 731

Estimated living cost  is ₽29914 per week

₽17945
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3055
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽534
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8381
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽121006
₽145981
₽152641
₽143694
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
15 243
-
166 500
-
income
3 049
-
33 300
-
total
3 049
-
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%.

151 257
166 500
-
-
total
-
-
-
-
Dividends
151 257
166 500
-
-
withholding
7 563
8 325
-
-
total
7 563
8 325
-
-
Income
166 500
166 500
166 500
166 500
Total tax
10 612
8 325
33 300
1 665
After tax
155 888
158 175
133 200
164 835
Living cost
12 194
12 194
12 194
12 194
Free-cash
143 694
145 981
121 006
152 641

Estimated living cost  is ₽12194 per week

₽8252
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.
₽3021
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽51695
₽89485
₽56102
₽81642
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
16 383
income
-
-
-
38 208
pensions
-
-
-
30 408
unemployment
-
-
-
249
total
-
-
-
85 248
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.

41 463
-
144 068
-
income
7 150
-
35 387
-
pensions
6 427
-
22 331
-
health
2 678
-
9 306
-
unemployment
59
-
201
-
total
16 314
-
67 225
-
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.

41 463
-
144 068
-
unemployment
25
-
87
-
health
2 762
-
9 594
-
pensions
3 669
-
12 749
-
total
6 456
-
22 430
-
Corporate
118 581
166 500
-
-
income
22 530
31 635
-
-
total
22 530
31 635
-
-
Dividends
96 051
134 865
-
-
withholding
14 408
20 230
-
-
total
14 408
20 230
-
-
Income
166 500
166 500
166 500
166 500
Total tax
59 708
51 865
89 655
85 248
After tax
106 792
114 635
76 845
81 252
Living cost
25 150
25 150
25 150
25 150
Free-cash
81 642
89 485
51 695
56 102

Estimated living cost  is ₽25150 per week

₽17260
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1612
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽488
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5792
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽111321
₽59013
₽72779
₽12397
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
60 632
-
-
-
social contributions
4 972
-
709
-
income
13 374
-
-
-
total
18 346
-
709
-
Employer
60 632
-
-
-
social contributions
85 491
-
12 184
-
total
85 491
-
12 184
-
Corporate
20 378
166 500
-
-
income
4 483
36 630
-
-
total
4 483
36 630
-
-
Dividends
15 895
129 870
-
-
income
3 497
28 571
-
-
total
3 497
28 571
-
-
Income
166 500
166 500
166 500
166 500
Total tax
111 817
65 201
12 893
51 435
After tax
54 683
101 299
153 607
115 065
Living cost
42 286
42 286
42 286
42 286
Free-cash
12 397
59 013
111 321
72 779

Estimated living cost  is ₽42286 per week

₽27437
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3977
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.
₽10333
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽47048
₽65295
₽59671
₽64350
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
57 860
income
-
-
-
19 558
surtax
-
-
-
-
total
-
-
-
77 418
Employee
43 125
-
134 544
-
surtax
-
-
-
-
social contributions
4 744
-
14 801
-
income
8 970
-
43 286
-
total
13 714
-
58 087
-
Employer
43 125
-
134 544
-
social contributions
10 242
-
31 954
-
total
10 242
-
31 954
-
Corporate
113 133
166 500
-
-
surtax
-
-
-
-
income
23 758
34 965
-
-
total
23 758
34 965
-
-
Dividends
89 375
131 535
-
-
withholding
25 025
36 829
-
-
total
25 025
36 829
-
-
Income
166 500
166 500
166 500
166 500
Total tax
72 739
71 794
90 041
77 418
After tax
93 761
94 706
76 459
89 082
Living cost
29 411
29 411
29 411
29 411
Free-cash
64 350
65 295
47 048
59 671

Estimated living cost  is ₽29411 per week

₽22005
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1735
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽491
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5180
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽46046
₽38630
₽48519
₽45075
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
166 500
other
-
-
-
5 162
social contributions
-
-
-
4 744
health
-
-
-
7 082
income
-
-
-
26 145
pensions
-
-
-
29 561
surtax
-
-
-
-
total
-
-
-
72 694
Employee
58 727
-
128 943
-
surtax
-
-
-
-
social contributions
1 673
-
3 674
-
income
5 124
-
25 005
-
pensions
6 642
-
8 932
-
total
13 439
-
37 611
-
Employer
58 727
-
128 943
-
other
2 027
-
5 015
-
unemployment
2 379
-
5 222
-
health
4 110
-
11 891
-
pensions
9 649
-
15 042
-
social contributions
176
-
386
-
total
18 341
-
37 556
-
Corporate
89 432
166 500
-
-
surtax
-
-
-
-
income
25 041
46 619
-
-
total
25 041
46 619
-
-
Dividends
64 391
119 881
-
-
social contributions
11 075
20 619
-
-
surtax
-
-
-
-
withholding
8 242
15 345
-
-
total
19 317
35 964
-
-
Income
166 500
166 500
166 500
166 500
Total tax
76 138
82 583
75 167
72 694
After tax
90 362
83 917
91 333
93 806
Living cost
45 287
45 287
45 287
45 287
Free-cash
45 075
38 630
46 046
48 519

Estimated living cost  is ₽45287 per week

₽30650
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3705
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽621
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10311
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽98817
₽121665
₽94391
₽118514
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
166 500
income
-
-
-
7 294
social contributions
-
-
-
36 630
total
-
-
-
43 924
Employee
30 144
-
144 157
-
income
-
-
7 785
-
social contributions
1 959
-
9 370
-
total
1 959
-
17 155
-
Employer
30 144
-
144 157
-
social contributions
4 673
-
22 343
-
total
4 673
-
22 343
-
Corporate
131 683
166 500
-
-
income
13 169
16 650
-
-
total
13 169
16 650
-
-
Dividends
118 514
149 850
-
-
total
-
-
-
-
Income
166 500
166 500
166 500
166 500
Total tax
19 801
16 650
39 498
43 924
After tax
146 699
149 850
127 002
122 576
Living cost
28 185
28 185
28 185
28 185
Free-cash
118 514
121 665
98 817
94 391

Estimated living cost  is ₽28185 per week

₽18224
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2125
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.
₽7306
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽37506
-₽37506
₽53013
-₽37506
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
166 500
labour market
-
-
-
13 255
pensions
-
-
-
812
national
-
-
-
19 597
municipal
-
-
-
34 729
total
-
-
-
68 393
Employee
190 330
190 330
190 330
-
labour market
15 205
15 205
15 205
-
municipal
40 530
40 530
40 530
-
national
23 252
23 252
23 252
-
pensions
271
271
271
-
total
79 258
79 258
79 258
-
Employer
190 330
190 330
190 330
-
national
23 293
23 293
23 293
-
labour market
15 226
15 226
15 226
-
pensions
541
541
541
-
municipal
40 594
40 594
40 594
-
total
79 654
79 654
79 654
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
166 500
166 500
166 500
166 500
Total tax
158 912
158 912
158 912
68 393
After tax
7 588
7 588
7 588
98 107
Living cost
45 094
45 094
45 094
45 094
Free-cash
-37 506
-37 506
-37 506
53 013

Estimated living cost  is ₽45094 per week

₽30863
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3989
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽693
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9548
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽69991
-₽6970
₽93363
₽10348
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
166 500
other
-
-
-
350
health
-
-
-
2 058
accident
-
-
-
238
income
-
-
-
46 107
pensions
-
-
-
3 927
total
-
-
-
52 680
Employee
32 181
-
149 925
-
income
4 415
-
35 110
-
pensions
3 624
-
7 201
-
health
3 685
-
17 166
-
total
11 724
-
59 477
-
Employer
32 181
-
149 925
-
unemployment
789
-
3 673
-
accident
537
-
2 504
-
pensions
5 232
-
10 398
-
total
6 558
-
16 575
-
Corporate
127 761
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.

114 985
149 850
-
-
total
114 985
149 850
-
-
Dividends
12 776
16 650
-
-
withholding
2 428
3 163
-
-
total
2 428
3 163
-
-
Income
166 500
166 500
166 500
166 500
Total tax
135 695
153 013
76 052
52 680
After tax
30 805
13 487
90 448
113 820
Living cost
20 457
20 457
20 457
20 457
Free-cash
10 348
-6 970
69 991
93 363

Estimated living cost  is ₽20457 per week

₽14891
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.
₽384
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4016
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽51259
₽68249
₽71198
₽70641
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
2 173
national
-
-
-
27 552
municipal
-
-
-
29 578
total
-
-
-
59 303
Employee
49 332
-
140 068
-
municipal
8 080
-
22 815
-
national
815
-
16 674
-
pensions
3 329
-
9 454
-
health
368
-
1 765
-
unemployment
740
-
2 101
-
total
13 332
-
52 809
-
Employer
49 332
-
140 068
-
unemployment
320
-
911
-
health
379
-
1 078
-
accident
50
-
141
-
pensions
8 559
-
24 303
-
total
9 308
-
26 433
-
Corporate
107 861
166 500
-
-
income
21 571
33 301
-
-
total
21 571
33 301
-
-
Dividends

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

64 717
99 899
-
-
national
4 000
10 969
-
-
municipal
11 649
17 982
-
-
total
15 649
28 951
-
-
Income
166 500
166 500
166 500
166 500
Total tax
59 860
62 252
79 242
59 303
After tax
106 640
104 248
87 258
107 197
Living cost
35 999
35 999
35 999
35 999
Free-cash
70 641
68 249
51 259
71 198

Estimated living cost  is ₽35999 per week

₽23514
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3463
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽573
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8450
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽90567
₽99750
₽92027
₽94646
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
15 171
health
-
-
-
4 246
income
-
-
-
33 347
total
-
-
-
52 764
Employee
72 101
72 101
155 552
-
social contributions
2 726
5 984
8 071
-
income
7 851
6 674
32 561
-
health
559
1 226
2 644
-
total
11 136
13 884
43 276
-
Employer
72 101
72 101
155 552
-
health
607
1 335
2 877
-
social contributions
2 726
5 984
8 071
-
total
3 333
7 319
10 948
-
Corporate
130 323
87 081
-
-
income
16 290
10 884
-
-
total
16 290
10 884
-
-
Dividends
114 033
76 196
-
-
withholding
19 386
12 954
-
-
total
19 386
12 954
-
-
Income
166 500
166 500
166 500
166 500
Total tax
50 145
45 041
54 224
52 764
After tax
116 355
121 459
112 276
113 736
Living cost
21 709
21 709
21 709
21 709
Free-cash
94 646
99 750
90 567
92 027

Estimated living cost  is ₽21709 per week

₽13011
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2130
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽480
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6089
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽106470
₽122990
₽125277
₽118221
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
3 393
income
-
-
-
16 952
pensions
-
-
-
5 964
unemployment
-
-
-
27
total
-
-
-
26 336
Employee

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

21 522
-
157 336
-
income
1 472
-
14 627
-
pensions
3 228
-
13 345
-
health
1 829
-
7 562
-
unemployment
107
-
445
-
total
6 636
-
35 979
-
Employer

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

21 522
-
157 336
-
unemployment
107
-
445
-
health
925
-
3 826
-
pensions
1 183
-
4 893
-
total
2 215
-
9 164
-
Corporate
142 762
166 500
-
-
income
12 849
14 986
-
-
total
12 849
14 986
-
-
Dividends
129 914
151 514
-
-
withholding
11 692
13 637
-
-
total
11 692
13 637
-
-
Income
166 500
166 500
166 500
166 500
Total tax
33 392
28 623
45 143
26 336
After tax
133 108
137 877
121 357
140 164
Living cost
14 887
14 887
14 887
14 887
Free-cash
118 221
122 990
106 470
125 277

Estimated living cost  is ₽14887 per week

₽9498
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1073
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽443
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3872
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽63706
₽85184
₽67640
₽81042
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
166 500
other
-
-
-
87
accident
-
-
-
783
income
-
-
-
47 003
pensions
-
-
-
24 594
unemployment
-
-
-
609
total
-
-
-
73 076
Employee
34 670
-
138 794
-
income
6 684
-
43 784
-
other
34
-
87
-
pensions
1 630
-
4 085
-
unemployment
537
-
1 347
-
total
8 885
-
49 303
-
Employer
34 670
-
138 794
-
other
278
-
696
-
unemployment
1 907
-
4 779
-
accident
687
-
1 721
-
pensions
8 182
-
20 511
-
total
11 054
-
27 707
-
Corporate
120 776
166 500
-
-
income

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

18 116
24 975
-
-
total
18 116
24 975
-
-
Dividends
102 660
141 525
-
-
withholding
21 619
30 557
-
-
total
21 619
30 557
-
-
Income
166 500
166 500
166 500
166 500
Total tax
59 674
55 532
77 010
73 076
After tax
106 826
110 968
89 490
93 424
Living cost
25 784
25 784
25 784
25 784
Free-cash
81 042
85 184
63 706
67 640

Estimated living cost  is ₽25784 per week

₽17404
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2479
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.
₽5450
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽105348
₽102161
₽105472
₽101876
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
917
income
-
-
-
57 111
pensions
-
-
-
1 265
total
-
-
-
59 293
Employee
2 642
-
165 077
-
income
511
-
57 045
-
pensions
238
-
569
-
health
132
-
316
-
unemployment
26
-
63
-
total
907
-
57 993
-
Employer
2 642
-
165 077
-
unemployment
53
-
127
-
health
251
-
601
-
pensions
291
-
696
-
total
595
-
1 424
-
Corporate
163 263
166 500
-
-
income
35 918
36 630
-
-
total
35 918
36 630
-
-
Dividends
127 345
129 870
-
-
withholding
25 469
25 974
-
-
total
25 469
25 974
-
-
Income
166 500
166 500
166 500
166 500
Total tax
62 889
62 604
59 417
59 293
After tax
103 611
103 896
107 083
107 207
Living cost
1 735
1 735
1 735
1 735
Free-cash
101 876
102 161
105 348
105 472

Estimated living cost  is ₽1735 per week

₽1031
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽141
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽40
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽523
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽86460
₽104113
₽86461
₽99509
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
7 123
income
-
-
-
37 716
pensions
-
-
-
17 980
unemployment
-
-
-
1 037
total
-
-
-
63 856
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.

24 402
-
154 121
-
income
3 364
-
37 716
-
pensions
3 416
-
9 682
-
health
1 257
-
3 561
-
unemployment
183
-
519
-
total
8 220
-
51 478
-
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.

24 402
-
154 121
-
unemployment
183
-
519
-
health
1 257
-
3 561
-
pensions
2 928
-
8 299
-
total
4 368
-
12 379
-
Corporate
137 729
166 500
-
-
income
20 659
24 975
-
-
total
20 659
24 975
-
-
Dividends
117 070
141 525
-
-
withholding
17 561
21 229
-
-
total
17 561
21 229
-
-
Income
166 500
166 500
166 500
166 500
Total tax
50 808
46 204
63 857
63 856
After tax
115 692
120 296
102 643
102 644
Living cost
16 183
16 183
16 183
16 183
Free-cash
99 509
104 113
86 460
86 461

Estimated living cost  is ₽16183 per week

₽10896
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1252
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽468
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3567
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽51181
₽69428
₽63804
₽69090
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
57 860
income
-
-
-
19 558
surtax
-
-
-
-
total
-
-
-
77 418
Employee
36 392
-
134 544
-
surtax
-
-
-
-
social contributions
4 004
-
14 801
-
income
7 111
-
43 286
-
total
11 115
-
58 087
-
Employer
36 392
-
134 544
-
social contributions
8 642
-
31 954
-
total
8 642
-
31 954
-
Corporate
121 465
166 500
-
-
surtax
-
-
-
-
income
25 507
34 965
-
-
total
25 507
34 965
-
-
Dividends
95 958
131 535
-
-
withholding
26 868
36 829
-
-
total
26 868
36 829
-
-
Income
166 500
166 500
166 500
166 500
Total tax
72 132
71 794
90 041
77 418
After tax
94 368
94 706
76 459
89 082
Living cost
25 278
25 278
25 278
25 278
Free-cash
69 090
69 428
51 181
63 804

Estimated living cost  is ₽25278 per week

₽17904
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1756
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽448
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5171
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽56537
₽78015
₽60471
₽71879
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
166 500
other
-
-
-
87
accident
-
-
-
783
income
-
-
-
47 003
pensions
-
-
-
24 594
unemployment
-
-
-
609
total
-
-
-
73 076
Employee
45 284
-
138 794
-
income
9 458
-
43 784
-
other
44
-
87
-
pensions
2 128
-
4 085
-
unemployment
701
-
1 347
-
total
12 331
-
49 303
-
Employer
45 284
-
138 794
-
other
363
-
696
-
unemployment
2 491
-
4 779
-
accident
897
-
1 721
-
pensions
10 687
-
20 511
-
total
14 438
-
27 707
-
Corporate
106 778
166 500
-
-
income

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

16 016
24 975
-
-
total
16 016
24 975
-
-
Dividends
90 762
141 525
-
-
withholding
18 883
30 557
-
-
total
18 883
30 557
-
-
Income
166 500
166 500
166 500
166 500
Total tax
61 668
55 532
77 010
73 076
After tax
104 832
110 968
89 490
93 424
Living cost
32 953
32 953
32 953
32 953
Free-cash
71 879
78 015
56 537
60 471

Estimated living cost  is ₽32953 per week

₽23666
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2562
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽464
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6262
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽123380
₽126341
₽116824
₽120666
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
3 740
income
-
-
-
24 975
pensions

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

-
-
-
4 814
unemployment
-
-
-
130
total
-
-
-
33 659
Employee
21 209
-
160 119
-
income
2 121
-
16 012
-
accident

We are using the highest rate at 1.1%.

233
-
358
-
pensions

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

1 862
-
2 856
-
health
976
-
1 496
-
total
5 192
-
20 722
-
Employer
21 209
-
160 119
-
unemployment
127
-
195
-
health
1 464
-
2 244
-
accident

We are using the highest rate at 1.1%.

233
-
358
-
pensions

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

2 337
-
3 584
-
total
4 161
-
6 381
-
Corporate
141 129
166 500
-
-
income
14 113
16 650
-
-
total
14 113
16 650
-
-
Dividends
127 017
149 850
-
-
withholding
6 351
7 492
-
-
total
6 351
7 492
-
-
Income
166 500
166 500
166 500
166 500
Total tax
29 817
24 142
27 103
33 659
After tax
136 683
142 358
139 397
132 841
Living cost
16 017
16 017
16 017
16 017
Free-cash
120 666
126 341
123 380
116 824

Estimated living cost  is ₽16017 per week

₽10594
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽917
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽382
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4125
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽69440
₽49487
₽51803
₽61753
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
6 406
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.

-
-
-
51 616
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.

-
-
-
2 838
trade
-
-
-
17 637
total
-
-
-
78 497
Employee

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

46 654
-
166 500
-
surtax

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

212
-
2 838
-
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.

3 836
-
51 616
-
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.

6 406
-
6 406
-
total
10 454
-
60 860
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
119 846
166 500
-
-
chamber of commerce
319
386
-
-
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.

989
1 374
-
-
trade
17 198
23 893
-
-
income
17 977
24 975
-
-
total
36 483
50 628
-
-
Dividends
83 364
115 872
-
-
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.

1 126
1 573
-
-
withholding
20 484
28 612
-
-
total
21 610
30 185
-
-
Income
166 500
166 500
166 500
166 500
Total tax
68 547
80 813
60 860
78 497
After tax
97 953
85 687
105 640
88 003
Living cost
36 200
36 200
36 200
36 200
Free-cash
61 753
49 487
69 440
51 803

Estimated living cost  is ₽36200 per week

₽24972
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3895
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽525
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6808
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽34175
₽63137
₽34175
₽65207
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
166 500
income
-
-
-
51 102
social contributions
-
-
-
27 810
total
-
-
-
78 912
Employee
73 345
-
166 500
-
income
13 840
-
51 102
-
social contributions
6 093
-
27 810
-
total
19 933
-
78 912
-
Employer
73 345
-
166 500
-
total
-
-
-
-
Corporate
93 155
166 500
-
-
income
11 644
20 813
-
-
total
11 644
20 813
-
-
Dividends
81 511
145 687
-
-
withholding
16 303
29 137
-
-
total
16 303
29 137
-
-
Income
166 500
166 500
166 500
166 500
Total tax
47 880
49 950
78 912
78 912
After tax
118 620
116 550
87 588
87 588
Living cost
53 413
53 413
53 413
53 413
Free-cash
65 207
63 137
34 175
34 175

Estimated living cost  is ₽53413 per week

₽40635
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4352
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽511
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7915
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽84266
₽69235
₽99963
₽72510
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
26 690
health

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

-
-
-
5 810
total
-
-
-
32 500
Employee
43 014
-
162 187
-
income
4 667
-
39 571
-
social contributions
4 310
-
4 313
-
total
8 977
-
43 884
-
Employer
43 014
-
162 187
-
social contributions
4 310
-
4 313
-
total
4 310
-
4 313
-
Corporate
119 177
166 500
-
-
income
41 712
58 274
-
-
total
41 712
58 274
-
-
Dividends
77 465
108 226
-
-
social contributions
4 954
4 954
-
-
total
4 954
4 954
-
-
Income
166 500
166 500
166 500
166 500
Total tax
59 953
63 228
48 197
32 500
After tax
106 547
103 272
118 303
134 000
Living cost
34 037
34 037
34 037
34 037
Free-cash
72 510
69 235
84 266
99 963

Estimated living cost  is ₽34037 per week

₽22420
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2683
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.
₽8411
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Sliema model

Close
Edinburgh , United Kingdom
₽60726
₽74243
₽75777
₽79719
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
47 960
pensions
-
-
-
8 396
total
-
-
-
56 356
Employee
47 174
-
145 414
-
income
8 591
-
37 925
-
health
615
-
2 095
-
pensions
3 601
-
10 301
-
total
12 807
-
50 321
-
Employer
47 174
-
145 414
-
health
897
-
2 763
-
pensions
4 766
-
18 323
-
total
5 663
-
21 086
-
Corporate
113 664
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.

21 597
31 634
-
-
total
21 597
31 634
-
-
Dividends
92 067
134 866
-
-
withholding
12 347
26 256
-
-
total
12 347
26 256
-
-
Income
166 500
166 500
166 500
166 500
Total tax
52 414
57 890
71 407
56 356
After tax
114 086
108 610
95 093
110 144
Living cost
34 367
34 367
34 367
34 367
Free-cash
79 719
74 243
60 726
75 777

Estimated living cost  is ₽34367 per week

₽23576
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3160
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽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.
₽7199
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽67965
-₽8996
₽91337
₽10039
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
166 500
other
-
-
-
350
health
-
-
-
2 058
accident
-
-
-
238
income
-
-
-
46 107
pensions
-
-
-
3 927
total
-
-
-
52 680
Employee
35 366
-
149 925
-
income
4 852
-
35 110
-
pensions
3 982
-
7 201
-
health
4 049
-
17 166
-
total
12 883
-
59 477
-
Employer
35 366
-
149 925
-
unemployment
866
-
3 673
-
accident
591
-
2 504
-
pensions
5 750
-
10 398
-
total
7 207
-
16 575
-
Corporate
123 927
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.

111 534
149 850
-
-
total
111 534
149 850
-
-
Dividends
12 393
16 650
-
-
withholding
2 354
3 163
-
-
total
2 354
3 163
-
-
Income
166 500
166 500
166 500
166 500
Total tax
133 978
153 013
76 052
52 680
After tax
32 522
13 487
90 448
113 820
Living cost
22 483
22 483
22 483
22 483
Free-cash
10 039
-8 996
67 965
91 337

Estimated living cost  is ₽22483 per week

₽16500
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1310
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽453
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4220
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

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

Source of data for Warsaw model

Close
Skopje , Macedonia
₽105792
₽127464
₽85205
₽123083
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
27 476
health insurance
-
-
-
11 079
work injury
-
-
-
749
pensions
-
-
-
27 548
unemployment
-
-
-
1 797
total
-
-
-
68 649
Employee

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

20 233
-
166 500
-
income
2 023
-
27 476
-
work injury
101
-
374
-
health insurance
1 497
-
5 540
-
pensions
3 723
-
13 774
-
unemployment
243
-
898
-
total
7 587
-
48 062
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
146 267
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%.

1 463
1 665
-
-
total
1 463
1 665
-
-
Dividends
144 805
164 835
-
-
withholding
21 721
24 725
-
-
total
21 721
24 725
-
-
Income
166 500
166 500
166 500
166 500
Total tax
30 771
26 390
48 062
68 649
After tax
135 729
140 110
118 438
97 851
Living cost
12 646
12 646
12 646
12 646
Free-cash
123 083
127 464
105 792
85 205

Estimated living cost  is ₽12646 per week

₽7834
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽919
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽394
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3498
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽32862
₽50349
₽40169
₽46084
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
166 500
social contributions
-
-
-
42 824
national
-
-
-
41 223
regional
-
-
-
3 816
municipal
-
-
-
1 114
total
-
-
-
88 977
Employee
79 012
-
166 500
-
social contributions
26 642
-
56 144
-
municipal
472
-
993
-
national
13 352
-
35 762
-
regional
1 193
-
3 385
-
total
41 659
-
96 284
-
Employer
79 012
-
166 500
-
total
-
-
-
-
Corporate
87 488
166 500
-
-
nationa
20 996
39 959
-
-
municipal
4 217
8 025
-
-
total
25 213
47 984
-
-
Dividends
62 274
118 516
-
-
withholding
16 190
30 813
-
-
total
16 190
30 813
-
-
Income
166 500
166 500
166 500
166 500
Total tax
83 062
78 797
96 284
88 977
After tax
83 438
87 703
70 216
77 523
Living cost
37 354
37 354
37 354
37 354
Free-cash
46 084
50 349
32 862
40 169

Estimated living cost  is ₽37354 per week

₽26239
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2569
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.
₽7980
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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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