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
₽77320
₽55721
₽57926
₽66038
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
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.

-
-
-
2 844
trade
-
-
-
19 394
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.

-
-
-
51 712
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.

-
-
-
6 372
total
-
-
-
80 322
Employee

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

35 675
-
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.

6 372
-
6 372
-
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
-
2 844
-
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.

997
-
51 712
-
total
7 424
-
60 928
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
130 825
166 500
-
-
chamber of commerce
329
381
-
-
trade
20 605
26 223
-
-
surtax

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

1 080
1 374
-
-
income
19 624
24 975
-
-
total
41 638
52 953
-
-
Dividends
89 187
113 548
-
-
withholding
21 941
28 032
-
-
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.

1 207
1 542
-
-
total
23 148
29 574
-
-
Income
166 500
166 500
166 500
166 500
Total tax
72 210
82 527
60 928
80 322
After tax
94 290
83 973
105 572
86 178
Living cost
28 252
28 252
28 252
28 252
Free-cash
66 038
55 721
77 320
57 926

Estimated living cost  is ₽28252 per week

₽17771
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3294
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽527
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6659
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽49909
₽54159
₽48603
₽53332
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
166 500
municipal
-
-
-
18 195
social contributions
-
-
-
1 790
national
-
-
-
28 195
pensions
-
-
-
19 980
total
-
-
-
68 160
Employee
77 101
-
143 938
-
pensions
3 084
-
5 758
-
national
14 757
-
29 194
-
municipal
9 523
-
18 840
-
total
27 364
-
53 792
-
Employer
77 101
-
143 938
-
pensions
6 168
-
11 515
-
social contributions
829
-
1 547
-
total
6 997
-
13 062
-
Corporate
77 313
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%.

15 463
33 300
-
-
total
15 463
33 300
-
-
Dividends
61 850
133 200
-
-
withholding
13 607
29 304
-
-
total
13 607
29 304
-
-
Income
166 500
166 500
166 500
166 500
Total tax
63 431
62 604
66 854
68 160
After tax
103 069
103 896
99 646
98 340
Living cost
49 737
49 737
49 737
49 737
Free-cash
53 332
54 159
49 909
48 603

Estimated living cost  is ₽49737 per week

₽33806
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4623
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽744
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10563
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽50703
₽113795
₽38240
₽106144
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
microenterprise
-
-
-
-
surtax
-
-
-
42 458
social contributions

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

-
-
-
35 737
income
-
-
-
30 660
total
-
-
-
108 855
Employee
27 255
-
125 874
-
social contributions

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

2 998
-
12 227
-
surtax
-
-
18 253
-
income
4 852
-
25 286
-
total
7 850
-
55 766
-
Employer
27 255
-
125 874
-
surtax
-
-
13 847
-
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.

6 565
-
26 779
-
total
6 565
-
40 626
-
Corporate
132 680
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%.

26 536
33 300
-
-
total
26 536
33 300
-
-
Dividends

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

106 144
133 200
-
-
total
-
-
-
-
Income
166 500
166 500
166 500
166 500
Total tax
40 951
33 300
96 392
108 855
After tax
125 549
133 200
70 108
57 645
Living cost
19 405
19 405
19 405
19 405
Free-cash
106 144
113 795
50 703
38 240

Estimated living cost  is ₽19405 per week

₽12380
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1848
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽441
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4737
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽65191
₽43392
₽52695
₽37678
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
52 302
pensions
-
-
-
10 928
health
-
-
-
11 502
total
-
-
-
74 732
Employee
79 651
79 651
149 166
-
health
12 226
10 399
11 502
-
pensions
14 337
10 928
10 928
-
income

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

13 038
13 038
22 472
-
total
39 601
34 365
44 902
-
Employer
79 651
79 651
149 166
-
unemployment
2 867
2 867
3 563
-
health
5 537
5 537
6 880
-
pensions
5 544
5 544
6 891
-
total
13 948
13 948
17 334
-
Corporate
73 878
72 901
-
-
income
14 776
14 580
-
-
total
14 776
14 580
-
-
Dividends
59 102
58 321
-
-
withholding
8 866
8 748
-
-
income
12 558
12 394
-
-
total
21 424
21 142
-
-
Income
166 500
166 500
166 500
166 500
Total tax
89 749
84 035
62 236
74 732
After tax
76 751
82 465
104 264
91 768
Living cost
39 073
39 073
39 073
39 073
Free-cash
37 678
43 392
65 191
52 695

Estimated living cost  is ₽39073 per week

₽27690
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3522
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.
₽7239
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽46891
₽53225
₽47804
₽52380
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
166 500
municipal
-
-
-
42 515
other
-
-
-
9 597
unemployment
-
-
-
83
national
-
-
-
14 570
pensions
-
-
-
8 928
accident
-
-
-
165
health
-
-
-
5 154
total
-
-
-
81 012
Employee
53 696
-
140 550
-
national
-
-
14 064
-
municipal
16 012
-
41 912
-
total
16 012
-
55 976
-
Employer
53 696
-
140 550
-
unemployment
1 418
-
2 180
-
accident
107
-
165
-
health
3 302
-
5 079
-
pensions
5 804
-
8 928
-
other
6 240
-
9 597
-
total
16 871
-
25 949
-
Corporate
95 932
166 500
-
-
income
21 105
36 630
-
-
total
21 105
36 630
-
-
Dividends
74 827
129 870
-
-
withholding
22 448
38 961
-
-
total
22 448
38 961
-
-
Income
166 500
166 500
166 500
166 500
Total tax
76 436
75 591
81 925
81 012
After tax
90 064
90 909
84 575
85 488
Living cost
37 684
37 684
37 684
37 684
Free-cash
52 380
53 225
46 891
47 804

Estimated living cost  is ₽37684 per week

₽24976
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3698
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽572
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8439
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽68930
₽46473
₽48674
₽59579
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
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.

-
-
-
2 844
trade
-
-
-
20 256
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.

-
-
-
51 712
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.

-
-
-
6 372
total
-
-
-
81 184
Employee

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

47 301
-
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.

6 372
-
6 372
-
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.

223
-
2 844
-
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.

4 064
-
51 712
-
total
10 659
-
60 928
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
119 199
166 500
-
-
chamber of commerce
312
379
-
-
trade
19 608
27 389
-
-
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.

984
1 374
-
-
income
17 879
24 975
-
-
total
38 783
54 117
-
-
Dividends
80 416
112 383
-
-
withholding
19 750
27 742
-
-
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.

1 087
1 526
-
-
total
20 837
29 268
-
-
Income
166 500
166 500
166 500
166 500
Total tax
70 279
83 385
60 928
81 184
After tax
96 221
83 115
105 572
85 316
Living cost
36 642
36 642
36 642
36 642
Free-cash
59 579
46 473
68 930
48 674

Estimated living cost  is ₽36642 per week

₽24506
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3864
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽547
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7724
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽81982
₽91202
₽83440
₽87337
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
15 091
income
-
-
-
33 470
health
-
-
-
4 246
total
-
-
-
52 807
Employee
71 723
71 723
155 593
-
health
713
1 220
2 644
-
social contributions
3 485
5 953
8 029
-
income
7 531
6 639
32 685
-
total
11 729
13 812
43 358
-
Employer
71 723
71 723
155 593
-
health
777
1 328
2 878
-
social contributions
3 485
5 953
8 029
-
total
4 262
7 281
10 907
-
Corporate
120 255
87 497
-
-
income
15 031
10 937
-
-
total
15 031
10 937
-
-
Dividends
105 224
76 560
-
-
withholding
17 888
13 015
-
-
total
17 888
13 015
-
-
Income
166 500
166 500
166 500
166 500
Total tax
48 910
45 045
54 265
52 807
After tax
117 590
121 455
112 235
113 693
Living cost
30 253
30 253
30 253
30 253
Free-cash
87 337
91 202
81 982
83 440

Estimated living cost  is ₽30253 per week

₽20681
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2363
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽508
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6701
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽79819
₽76818
₽98639
₽77165
S + D Salary + Dividends

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

Dividends

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

Salary

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

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

The minimum wage is 138,000 HUF per month.

24 110
9 596
139 331
-
health
1 688
672
9 753
-
pensions
2 411
960
13 933
-
unemployment
362
144
2 090
-
income
2 948
1 173
17 033
-
total
7 409
2 949
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.

24 110
9 596
139 331
-
pensions
4 702
1 871
27 169
-
total
4 702
1 871
27 169
-
Corporate
137 688
155 033
-
-
income
12 392
13 953
-
-
total
12 392
13 953
-
-
Dividends
125 296
141 080
-
-
withholding
23 806
26 805
-
-
social contributions
24 323
27 401
-
-
total
48 129
54 206
-
-
Income
166 500
166 500
166 500
166 500
Total tax
72 632
72 979
69 978
51 158
After tax
93 868
93 521
96 522
115 342
Living cost
16 703
16 703
16 703
16 703
Free-cash
77 165
76 818
79 819
98 639

Estimated living cost  is ₽16703 per week

₽11398
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1367
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽334
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3604
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽73442
₽110671
₽66713
₽104878
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
166 500
income
-
-
-
22 311
pensions
-
-
-
33 301
health
-
-
-
21 646
total
-
-
-
77 258
Employee
26 460
-
124 439
-
unemployment
423
-
1 991
-
pensions
529
-
2 489
-
income
2 979
-
23 991
-
total
3 931
-
28 471
-
Employer
26 460
-
124 439
-
unemployment
212
-
995
-
health
3 439
-
16 176
-
pensions
5 292
-
24 887
-
total
8 943
-
42 058
-
Corporate
131 096
166 500
-
-
income
26 219
33 300
-
-
total
26 219
33 300
-
-
Dividends
104 876
133 200
-
-
total
-
-
-
-
Income
166 500
166 500
166 500
166 500
Total tax
39 093
33 300
70 529
77 258
After tax
127 407
133 200
95 971
89 242
Living cost
22 529
22 529
22 529
22 529
Free-cash
104 878
110 671
73 442
66 713

Estimated living cost  is ₽22529 per week

₽15452
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1342
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.
₽5282
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽69602
-₽7342
₽92992
₽10292
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
351
income
-
-
-
46 085
pensions
-
-
-
3 939
accident
-
-
-
239
health
-
-
-
2 065
total
-
-
-
52 679
Employee
32 765
-
149 893
-
health
3 752
-
17 163
-
pensions
3 689
-
7 223
-
income
4 495
-
35 077
-
total
11 936
-
59 463
-
Employer
32 765
-
149 893
-
unemployment
803
-
3 672
-
accident
547
-
2 503
-
pensions
5 328
-
10 431
-
total
6 678
-
16 606
-
Corporate
127 057
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.

114 351
149 850
-
-
total
114 351
149 850
-
-
Dividends
12 706
16 650
-
-
withholding
2 414
3 163
-
-
total
2 414
3 163
-
-
Income
166 500
166 500
166 500
166 500
Total tax
135 379
153 013
76 069
52 679
After tax
31 121
13 487
90 431
113 821
Living cost
20 829
20 829
20 829
20 829
Free-cash
10 292
-7 342
69 602
92 992

Estimated living cost  is ₽20829 per week

₽15266
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1154
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽435
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3975
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽125646
₽150621
₽157281
₽149205
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
9 443
-
166 500
-
income
1 888
-
33 300
-
total
1 888
-
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%.

157 057
166 500
-
-
total
-
-
-
-
Dividends
157 057
166 500
-
-
withholding
7 853
8 325
-
-
total
7 853
8 325
-
-
Income
166 500
166 500
166 500
166 500
Total tax
9 741
8 325
33 300
1 665
After tax
156 759
158 175
133 200
164 835
Living cost
7 554
7 554
7 554
7 554
Free-cash
149 205
150 621
125 646
157 281

Estimated living cost  is ₽7554 per week

₽4682
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽628
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽208
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2037
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽69460
₽97474
₽68704
₽91178
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
6 737
income
-
-
-
25 924
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.

-
-
-
34 041
health
-
-
-
6 241
total
-
-
-
72 943
Employee
33 866
-
132 986
-
health
474
-
1 862
-
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.

2 370
-
9 309
-
unemployment
338
-
1 329
-
income
5 830
-
26 175
-
total
9 012
-
38 675
-
Employer
33 866
-
132 986
-
unemployment
338
-
1 329
-
accident
271
-
1 064
-
health
474
-
1 862
-
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.

5 758
-
22 607
-
other
1 694
-
6 650
-
total
8 535
-
33 512
-
Corporate
124 098
166 500
-
-
income
26 060
34 965
-
-
total
26 060
34 965
-
-
Dividends
98 038
131 535
-
-
withholding
6 862
9 208
-
-
total
6 862
9 208
-
-
Income
166 500
166 500
166 500
166 500
Total tax
50 469
44 173
72 187
72 943
After tax
116 031
122 327
94 313
93 557
Living cost
24 853
24 853
24 853
24 853
Free-cash
91 178
97 474
69 460
68 704

Estimated living cost  is ₽24853 per week

₽17560
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1678
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽400
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5215
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽32459
₽46065
₽47524
₽49044
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
47 700
pensions
-
-
-
8 470
total
-
-
-
56 170
Employee
88 860
-
145 438
-
health
1 464
-
2 104
-
pensions
8 573
-
10 412
-
income
16 018
-
37 657
-
total
26 055
-
50 173
-
Employer
88 860
-
145 438
-
health
1 688
-
2 763
-
pensions
10 492
-
18 299
-
total
12 180
-
21 062
-
Corporate
65 460
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.

12 438
31 635
-
-
total
12 438
31 635
-
-
Dividends
53 022
134 865
-
-
withholding
3 977
25 994
-
-
total
3 977
25 994
-
-
Income
166 500
166 500
166 500
166 500
Total tax
54 650
57 629
71 235
56 170
After tax
111 850
108 871
95 265
110 330
Living cost
62 806
62 806
62 806
62 806
Free-cash
49 044
46 065
32 459
47 524

Estimated living cost  is ₽62806 per week

₽47061
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽7379
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.
₽7855
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽127139
₽130124
₽120589
₽125791
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
unemployment
-
-
-
130
income
-
-
-
24 975
pensions

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

-
-
-
4 824
health
-
-
-
3 748
total
-
-
-
33 677
Employee
16 200
-
160 105
-
health
745
-
1 499
-
accident

We are using the highest rate at 1.1%.

178
-
359
-
pensions

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

1 422
-
2 862
-
income
1 620
-
16 011
-
total
3 965
-
20 731
-
Employer
16 200
-
160 105
-
unemployment
97
-
196
-
accident

We are using the highest rate at 1.1%.

178
-
359
-
health
1 118
-
2 249
-
pensions

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

1 785
-
3 592
-
total
3 178
-
6 396
-
Corporate
147 121
166 500
-
-
income
14 712
16 650
-
-
total
14 712
16 650
-
-
Dividends
132 409
149 850
-
-
withholding
6 620
7 492
-
-
total
6 620
7 492
-
-
Income
166 500
166 500
166 500
166 500
Total tax
28 475
24 142
27 127
33 677
After tax
138 025
142 358
139 373
132 823
Living cost
12 234
12 234
12 234
12 234
Free-cash
125 791
130 124
127 139
120 589

Estimated living cost  is ₽12234 per week

₽7143
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽874
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽324
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3894
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽52543
₽30744
₽40047
₽33092
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
52 302
pensions
-
-
-
10 928
health
-
-
-
11 502
total
-
-
-
74 732
Employee
86 476
79 651
149 166
-
health
10 788
10 399
11 502
-
pensions
10 928
10 928
10 928
-
income

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

13 038
13 038
22 472
-
total
34 754
34 365
44 902
-
Employer
86 476
79 651
149 166
-
unemployment
3 113
2 867
3 563
-
health
6 009
5 537
6 880
-
pensions
6 018
5 544
6 891
-
total
15 140
13 948
17 334
-
Corporate
64 883
72 901
-
-
income
12 976
14 580
-
-
total
12 976
14 580
-
-
Dividends
51 907
58 321
-
-
withholding
7 786
8 748
-
-
income
11 031
12 394
-
-
total
18 817
21 142
-
-
Income
166 500
166 500
166 500
166 500
Total tax
81 687
84 035
62 236
74 732
After tax
84 813
82 465
104 264
91 768
Living cost
51 721
51 721
51 721
51 721
Free-cash
33 092
30 744
52 543
40 047

Estimated living cost  is ₽51721 per week

₽38153
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4620
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽593
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8356
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽64375
₽91844
₽71751
₽83712
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
solidarity contribution
-
-
-
-
social contributions
-
-
-
32 796
income
-
-
-
16 684
health
-
-
-
22 478
total
-
-
-
71 958
Employee
33 517
-
126 992
-
health
4 525
-
17 144
-
social contributions
2 179
-
7 300
-
solidarity contribution
-
-
-
-
income
4 022
-
15 382
-
total
10 726
-
39 826
-
Employer
33 517
-
126 992
-
health
3 017
-
11 429
-
social contributions
8 379
-
28 079
-
total
11 396
-
39 508
-
Corporate
121 588
166 500
-
-
income
23 102
31 635
-
-
total
23 102
31 635
-
-
Dividends
98 486
134 865
-
-
withholding
14 773
20 230
-
-
total
14 773
20 230
-
-
Income
166 500
166 500
166 500
166 500
Total tax
59 997
51 865
79 334
71 958
After tax
106 503
114 635
87 166
94 542
Living cost
22 791
22 791
22 791
22 791
Free-cash
83 712
91 844
64 375
71 751

Estimated living cost  is ₽22791 per week

₽15831
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1621
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.
₽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 Brno model

Close
Milan , Italy
₽32567
₽49477
₽40088
₽44608
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
166 500
municipal
-
-
-
989
social contributions
-
-
-
42 824
national
-
-
-
41 274
regional
-
-
-
1 967
total
-
-
-
87 054
Employee
82 895
-
166 500
-
social contributions
27 952
-
56 144
-
national
14 364
-
35 811
-
regional
782
-
1 737
-
municipal
439
-
883
-
total
43 537
-
94 575
-
Employer
82 895
-
166 500
-
total
-
-
-
-
Corporate
83 605
166 500
-
-
municipal
3 260
6 494
-
-
nationa
20 065
39 960
-
-
total
23 325
46 454
-
-
Dividends
60 279
120 045
-
-
withholding
15 672
31 211
-
-
total
15 672
31 211
-
-
Income
166 500
166 500
166 500
166 500
Total tax
82 534
77 665
94 575
87 054
After tax
83 966
88 835
71 925
79 446
Living cost
39 358
39 358
39 358
39 358
Free-cash
44 608
49 477
32 567
40 088

Estimated living cost  is ₽39358 per week

₽27436
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2581
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽604
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8737
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽52479
₽84147
₽58180
₽81242
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
surtax
-
-
-
7 241
other
-
-
-
-
unemployment
-
-
-
212
income
-
-
-
46 550
pensions
-
-
-
24 897
health
-
-
-
8 838
total
-
-
-
87 738
Employee
30 845
-
140 296
-
health
788
-
3 174
-
pensions
2 057
-
8 303
-
unemployment
2 147
-
8 664
-
surtax
101
-
6 124
-
other
-
-
-
-
income
5 170
-
40 971
-
total
10 263
-
67 236
-
Employer
30 845
-
140 296
-
unemployment
977
-
3 945
-
health
1 404
-
5 664
-
pensions
4 112
-
16 594
-
other
-
-
-
-
total
6 493
-
26 203
-
Corporate
129 163
166 500
-
-
income
33 583
43 290
-
-
total
33 583
43 290
-
-
Dividends
95 580
123 210
-
-
withholding
14 337
18 481
-
-
total
14 337
18 481
-
-
Income
166 500
166 500
166 500
166 500
Total tax
64 676
61 771
93 439
87 738
After tax
101 824
104 729
73 061
78 762
Living cost
20 582
20 582
20 582
20 582
Free-cash
81 242
84 147
52 479
58 180

Estimated living cost  is ₽20582 per week

₽12585
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1899
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽474
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5623
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽52358
₽65964
₽67423
₽72169
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
47 700
pensions
-
-
-
8 470
total
-
-
-
56 170
Employee
59 552
-
145 438
-
health
864
-
2 104
-
pensions
5 055
-
10 412
-
income
10 726
-
37 657
-
total
16 645
-
50 173
-
Employer
59 552
-
145 438
-
health
1 131
-
2 763
-
pensions
6 447
-
18 299
-
total
7 578
-
21 062
-
Corporate
99 370
166 500
-
-
income

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

18 880
31 635
-
-
total
18 880
31 635
-
-
Dividends
80 490
134 865
-
-
withholding
8 321
25 994
-
-
total
8 321
25 994
-
-
Income
166 500
166 500
166 500
166 500
Total tax
51 424
57 629
71 235
56 170
After tax
115 076
108 871
95 265
110 330
Living cost
42 907
42 907
42 907
42 907
Free-cash
72 169
65 964
52 358
67 423

Estimated living cost  is ₽42907 per week

₽32146
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3216
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽449
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7096
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽53428
₽2365
₽61126
₽33929
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
city
-
-
-
1 754
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
national
-
-
-
2 677
pensions
-
-
-
15 317
regional
-
-
-
8 149
health
-
-
-
375
total
-
-
-
31 603
Employee
86 331
-
149 027
-
health
195
-
335
-
pensions
7 253
-
12 518
-
unemployment
-
-
-
-
city
927
-
1 601
-
national
409
-
1 992
-
regional
2 827
-
7 022
-
total
11 611
-
23 468
-
Employer
86 331
-
149 027
-
unemployment
-
-
-
-
health
195
-
335
-
pensions
7 253
-
12 518
-
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.

1 726
-
2 980
-
total
9 174
-
15 833
-
Corporate
70 046
166 500
-
-
regional
14 815
35 215
-
-
national
5 953
14 153
-
-
total
20 768
49 368
-
-
Dividends
49 278
117 132
-
-
withholding
17 247
40 996
-
-
total
17 247
40 996
-
-
Income
166 500
166 500
166 500
166 500
Total tax
58 800
90 364
39 301
31 603
After tax
107 700
76 136
127 199
134 897
Living cost
73 771
73 771
73 771
73 771
Free-cash
33 929
2 365
53 428
61 126

Estimated living cost  is ₽73771 per week

₽47972
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽6620
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽906
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽18273
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽62843
₽39532
₽41725
₽54654
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
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.

-
-
-
2 844
trade
-
-
-
21 118
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.

-
-
-
51 712
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.

-
-
-
6 372
total
-
-
-
82 046
Employee

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

56 055
-
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.

6 372
-
6 372
-
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.

363
-
2 844
-
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.

6 592
-
51 712
-
total
13 327
-
60 928
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
110 445
166 500
-
-
chamber of commerce
297
375
-
-
trade
18 941
28 554
-
-
surtax

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

912
1 374
-
-
income
16 568
24 975
-
-
total
36 718
55 278
-
-
Dividends
73 727
111 222
-
-
withholding
18 077
27 451
-
-
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.

995
1 510
-
-
total
19 072
28 961
-
-
Income
166 500
166 500
166 500
166 500
Total tax
69 117
84 239
60 928
82 046
After tax
97 383
82 261
105 572
84 454
Living cost
42 729
42 729
42 729
42 729
Free-cash
54 654
39 532
62 843
41 725

Estimated living cost  is ₽42729 per week

₽31207
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3418
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽556
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7549
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽59322
₽52004
₽61881
₽57513
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
surtax
-
-
-
-
other
-
-
-
5 161
social contributions
-
-
-
4 744
income
-
-
-
26 214
pensions
-
-
-
29 478
health
-
-
-
7 110
total
-
-
-
72 707
Employee
39 919
-
128 896
-
social contributions
1 138
-
3 673
-
pensions
4 514
-
8 948
-
surtax
-
-
-
-
income
2 356
-
25 040
-
total
8 008
-
37 661
-
Employer
39 919
-
128 896
-
unemployment
1 616
-
5 220
-
health
2 795
-
11 910
-
pensions
6 558
-
15 067
-
other
1 377
-
5 022
-
social contributions
120
-
386
-
total
12 466
-
37 605
-
Corporate
114 114
166 500
-
-
surtax
-
-
-
-
income
31 953
46 619
-
-
total
31 953
46 619
-
-
Dividends
82 162
119 881
-
-
withholding
10 518
15 344
-
-
surtax
-
-
-
-
social contributions
14 130
20 621
-
-
total
24 648
35 965
-
-
Income
166 500
166 500
166 500
166 500
Total tax
77 075
82 584
75 266
72 707
After tax
89 425
83 916
91 234
93 793
Living cost
31 912
31 912
31 912
31 912
Free-cash
57 513
52 004
59 322
61 881

Estimated living cost  is ₽31912 per week

₽20122
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2595
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.
₽8654
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽62484
₽55166
₽65043
₽60350
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
surtax
-
-
-
-
other
-
-
-
5 161
social contributions
-
-
-
4 744
income
-
-
-
26 214
pensions
-
-
-
29 478
health
-
-
-
7 110
total
-
-
-
72 707
Employee
35 634
-
128 896
-
social contributions
1 016
-
3 673
-
pensions
4 030
-
8 948
-
surtax
-
-
-
-
income
1 837
-
25 040
-
total
6 883
-
37 661
-
Employer
35 634
-
128 896
-
unemployment
1 443
-
5 220
-
health
2 494
-
11 910
-
pensions
5 855
-
15 067
-
other
1 230
-
5 022
-
social contributions
106
-
386
-
total
11 128
-
37 605
-
Corporate
119 738
166 500
-
-
surtax
-
-
-
-
income
33 526
46 619
-
-
total
33 526
46 619
-
-
Dividends
86 212
119 881
-
-
withholding
11 034
15 344
-
-
surtax
-
-
-
-
social contributions
14 829
20 621
-
-
total
25 863
35 965
-
-
Income
166 500
166 500
166 500
166 500
Total tax
77 400
82 584
75 266
72 707
After tax
89 100
83 916
91 234
93 793
Living cost
28 750
28 750
28 750
28 750
Free-cash
60 350
55 166
62 484
65 043

Estimated living cost  is ₽28750 per week

₽16674
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2921
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽545
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8611
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽83650
₽81803
₽87148
₽82285
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
income
-
-
-
24 975
health
-
-
-
11 622
total
-
-
-
59 574
Employee
31 625
-
166 500
-
health
2 207
-
11 622
-
social contributions
4 365
-
22 977
-
income
5 275
-
28 473
-
total
11 847
-
63 072
-
Employer
31 625
-
166 500
-
total
-
-
-
-
Corporate
134 875
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%.

6 744
8 324
-
-
total
6 744
8 324
-
-
Dividends
128 131
158 176
-
-
withholding
19 219
23 726
-
-
health
8 944
11 041
-
-
social contributions
17 683
21 828
-
-
total
45 846
56 595
-
-
Income
166 500
166 500
166 500
166 500
Total tax
64 437
64 919
63 072
59 574
After tax
102 063
101 581
103 428
106 926
Living cost
19 778
19 778
19 778
19 778
Free-cash
82 285
81 803
83 650
87 148

Estimated living cost  is ₽19778 per week

₽13236
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1220
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.
₽4866
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽11241
₽59235
₽52596
₽57795
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
surtax
-
-
-
184
chamber of commerce
-
-
-
666
unemployment
-
-
-
5 721
income
-
-
-
45 973
pensions
-
-
-
20 159
health
-
-
-
8 335
total
-
-
-
81 038
Employee
46 614
37 171
133 188
-
health
1 804
1 439
4 216
-
pensions
4 774
3 806
11 158
-
unemployment
1 398
1 115
3 269
-
other
466
372
1 090
-
income
5 307
2 742
36 935
-
total
13 749
9 474
56 668
-
Employer
46 614
37 171
133 188
-
unemployment
1 398
1 115
3 269
-
payroll
1 398
1 115
3 995
-
accident
605
483
1 416
-
health
1 761
1 405
4 119
-
pensions
5 850
4 666
13 675
-
other
2 214
1 765
6 121
-
surtax
184
184
184
-
chamber of commerce
186
149
533
-
total
13 596
10 882
33 312
-
Corporate
106 289
118 447
129 648
-
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.

26 572
29 613
32 413
-
total
26 572
29 613
32 413
-
Dividends
79 717
88 835
-
-
withholding
21 922
24 430
-
-
total
21 922
24 430
-
-
Income
166 500
166 500
166 500
166 500
Total tax
75 839
74 399
122 393
81 038
After tax
90 661
92 101
44 107
85 462
Living cost
32 866
32 866
32 866
32 866
Free-cash
57 795
59 235
11 241
52 596

Estimated living cost  is ₽32866 per week

₽21920
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2804
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽540
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7602
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽24487
₽59105
₽38190
₽45113
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
23 254
communal

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

-
-
-
8 595
national
-
-
-
62 452
total
-
-
-
94 301
Employee

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

66 719
-
128 958
-
health

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

3 135
-
6 061
-
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.

5 004
-
9 671
-
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.

581
-
1 122
-
national
20 512
-
46 881
-
communal

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

3 480
-
6 726
-
total
32 712
-
70 461
-
Employer

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

66 719
-
128 958
-
unemployment

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

974
-
1 883
-
accident

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

867
-
1 678
-
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.

4 103
-
7 932
-
pensions

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

5 912
-
11 426
-
surtax
7 565
-
14 624
-
total
19 421
-
37 543
-
Corporate
80 360
166 500
-
-
surtax
322
666
-
-
income
16 072
33 300
-
-
total
16 394
33 966
-
-
Dividends
63 966
132 535
-
-
withholding

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

18 851
39 420
-
-
total
18 851
39 420
-
-
Income
166 500
166 500
166 500
166 500
Total tax
87 378
73 386
108 004
94 301
After tax
79 122
93 114
58 496
72 199
Living cost
34 009
34 009
34 009
34 009
Free-cash
45 113
59 105
24 487
38 190

Estimated living cost  is ₽34009 per week

₽21906
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2974
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽533
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8597
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽55816
₽77272
₽59730
₽70883
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
unemployment
-
-
-
605
income
-
-
-
47 149
pensions
-
-
-
24 465
accident
-
-
-
779
total
-
-
-
73 085
Employee
46 429
-
138 939
-
pensions
2 182
-
4 064
-
unemployment
720
-
1 340
-
other
46
-
87
-
income
9 796
-
43 947
-
total
12 744
-
49 438
-
Employer
46 429
-
138 939
-
unemployment
2 554
-
4 754
-
accident
919
-
1 712
-
pensions
10 957
-
20 403
-
other
370
-
692
-
total
14 800
-
27 561
-
Corporate
105 272
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.

15 790
24 975
-
-
total
15 790
24 975
-
-
Dividends
89 481
141 525
-
-
withholding
18 598
30 568
-
-
total
18 598
30 568
-
-
Income
166 500
166 500
166 500
166 500
Total tax
61 932
55 543
76 999
73 085
After tax
104 568
110 957
89 501
93 415
Living cost
33 685
33 685
33 685
33 685
Free-cash
70 883
77 272
55 816
59 730

Estimated living cost  is ₽33685 per week

₽24805
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2390
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽485
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6004
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽38023
₽46561
₽31383
₽34572
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
surtax
-
-
-
8 254
income
-
-
-
27 592
communal
-
-
-
10 523
pensions
-
-
-
24 956
accident
-
-
-
1 404
health
-
-
-
11 700
total
-
-
-
84 429
Employee
70 635
-
148 727
-
health
3 144
-
6 618
-
pensions
5 650
-
11 898
-
surtax
4 329
-
9 114
-
income
6 823
-
32 386
-
total
19 946
-
60 016
-
Employer
70 635
-
148 727
-
accident
635
-
1 338
-
health
2 154
-
4 537
-
pensions
5 650
-
11 898
-
total
8 439
-
17 773
-
Corporate
87 426
166 500
-
-
communal
5 901
11 238
-
-
surtax
919
1 749
-
-
income
13 114
24 975
-
-
total
19 934
37 962
-
-
Dividends
67 491
128 538
-
-
withholding
10 125
19 281
-
-
income
22 796
12 008
-
-
total
32 921
31 289
-
-
Income
166 500
166 500
166 500
166 500
Total tax
81 240
69 251
77 789
84 429
After tax
85 260
97 249
88 711
82 071
Living cost
50 688
50 688
50 688
50 688
Free-cash
34 572
46 561
38 023
31 383

Estimated living cost  is ₽50688 per week

₽38024
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3071
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.
₽9055
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽52111
₽83779
₽57812
₽80810
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
surtax
-
-
-
7 241
other
-
-
-
-
unemployment
-
-
-
212
income
-
-
-
46 550
pensions
-
-
-
24 897
health
-
-
-
8 838
total
-
-
-
87 738
Employee
31 411
-
140 296
-
health
802
-
3 174
-
pensions
2 096
-
8 303
-
unemployment
2 186
-
8 664
-
surtax
112
-
6 124
-
other
-
-
-
-
income
5 266
-
40 971
-
total
10 462
-
67 236
-
Employer
31 411
-
140 296
-
unemployment
997
-
3 945
-
health
1 428
-
5 664
-
pensions
4 188
-
16 594
-
other
-
-
-
-
total
6 613
-
26 203
-
Corporate
128 476
166 500
-
-
income
33 404
43 290
-
-
total
33 404
43 290
-
-
Dividends
95 072
123 210
-
-
withholding
14 261
18 481
-
-
total
14 261
18 481
-
-
Income
166 500
166 500
166 500
166 500
Total tax
64 740
61 771
93 439
87 738
After tax
101 760
104 729
73 061
78 762
Living cost
20 950
20 950
20 950
20 950
Free-cash
80 810
83 779
52 111
57 812

Estimated living cost  is ₽20950 per week

₽12649
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1821
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽487
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5995
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details

Source of data for Athens model

Close
Naples , Italy
₽46296
₽62390
₽53776
₽60320
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
166 500
municipal
-
-
-
989
social contributions
-
-
-
42 824
national
-
-
-
41 274
regional
-
-
-
2 511
total
-
-
-
87 598
Employee
51 740
-
166 500
-
social contributions
17 447
-
56 144
-
national
8 197
-
35 811
-
regional
697
-
2 240
-
municipal
274
-
883
-
total
26 615
-
95 078
-
Employer
51 740
-
166 500
-
total
-
-
-
-
Corporate
114 760
166 500
-
-
municipal
5 703
8 275
-
-
nationa
27 542
39 960
-
-
total
33 245
48 235
-
-
Dividends
81 515
118 265
-
-
withholding
21 194
30 749
-
-
total
21 194
30 749
-
-
Income
166 500
166 500
166 500
166 500
Total tax
81 054
78 984
95 078
87 598
After tax
85 446
87 516
71 422
78 902
Living cost
25 126
25 126
25 126
25 126
Free-cash
60 320
62 390
46 296
53 776

Estimated living cost  is ₽25126 per week

₽15626
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2545
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.
₽6524
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽59081
₽86550
₽66457
₽76531
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
solidarity contribution
-
-
-
-
social contributions
-
-
-
32 796
income
-
-
-
16 684
health
-
-
-
22 478
total
-
-
-
71 958
Employee
41 301
-
126 992
-
health
5 576
-
17 144
-
social contributions
2 685
-
7 300
-
solidarity contribution
-
-
-
-
income
4 956
-
15 382
-
total
13 217
-
39 826
-
Employer
41 301
-
126 992
-
health
3 717
-
11 429
-
social contributions
10 325
-
28 079
-
total
14 042
-
39 508
-
Corporate
111 156
166 500
-
-
income
21 120
31 635
-
-
total
21 120
31 635
-
-
Dividends
90 037
134 865
-
-
withholding
13 505
20 230
-
-
total
13 505
20 230
-
-
Income
166 500
166 500
166 500
166 500
Total tax
61 884
51 865
79 334
71 958
After tax
104 616
114 635
87 166
94 542
Living cost
28 085
28 085
28 085
28 085
Free-cash
76 531
86 550
59 081
66 457

Estimated living cost  is ₽28085 per week

₽20886
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1556
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽486
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5157
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽14399
₽62445
₽55889
₽61985
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
surtax
-
-
-
-
chamber of commerce
-
-
-
666
unemployment
-
-
-
5 721
income
-
-
-
45 973
pensions
-
-
-
20 159
health
-
-
-
8 335
total
-
-
-
80 854
Employee
40 772
37 171
133 361
-
health
1 577
1 439
4 216
-
pensions
4 176
3 806
11 158
-
unemployment
1 223
1 115
3 269
-
other
407
372
1 090
-
income
3 632
2 742
37 018
-
total
11 015
9 474
56 751
-
Employer
40 772
37 171
133 361
-
unemployment
1 223
1 115
3 269
-
payroll
1 223
1 115
4 000
-
accident
529
483
1 416
-
health
1 542
1 405
4 119
-
pensions
5 117
4 666
13 675
-
other
1 936
1 765
6 126
-
surtax
-
-
-
-
chamber of commerce
163
149
533
-
total
11 733
10 698
33 138
-
Corporate
113 994
118 631
129 821
-
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.

28 499
29 659
32 455
-
total
28 499
29 659
32 455
-
Dividends
85 495
88 973
-
-
withholding
23 511
24 467
-
-
total
23 511
24 467
-
-
Income
166 500
166 500
166 500
166 500
Total tax
74 758
74 298
122 344
80 854
After tax
91 742
92 202
44 156
85 646
Living cost
29 757
29 757
29 757
29 757
Free-cash
61 985
62 445
14 399
55 889

Estimated living cost  is ₽29757 per week

₽17851
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3039
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽531
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8337
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽121428
₽146403
₽153063
₽144196
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
166 500
microenterprise

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

-
-
-
1 665
total
-
-
-
1 665
Employee
14 715
-
166 500
-
income
2 943
-
33 300
-
total
2 943
-
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%.

151 785
166 500
-
-
total
-
-
-
-
Dividends
151 785
166 500
-
-
withholding
7 589
8 325
-
-
total
7 589
8 325
-
-
Income
166 500
166 500
166 500
166 500
Total tax
10 532
8 325
33 300
1 665
After tax
155 968
158 175
133 200
164 835
Living cost
11 772
11 772
11 772
11 772
Free-cash
144 196
146 403
121 428
153 063

Estimated living cost  is ₽11772 per week

₽7966
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽494
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽395
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2917
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽51779
₽89616
₽56190
₽81815
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
unemployment
-
-
-
250
income
-
-
-
38 252
pensions
-
-
-
30 407
health
-
-
-
16 383
total
-
-
-
85 292
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.

41 246
-
144 070
-
health
2 664
-
9 307
-
pensions
6 393
-
22 331
-
unemployment
58
-
202
-
income
7 113
-
35 432
-
total
16 228
-
67 272
-
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.

41 246
-
144 070
-
unemployment
25
-
87
-
health
2 747
-
9 594
-
pensions
3 650
-
12 750
-
total
6 422
-
22 431
-
Corporate
118 833
166 500
-
-
income
22 579
31 636
-
-
total
22 579
31 636
-
-
Dividends
96 254
134 864
-
-
withholding
14 438
20 230
-
-
total
14 438
20 230
-
-
Income
166 500
166 500
166 500
166 500
Total tax
59 667
51 866
89 703
85 292
After tax
106 833
114 634
76 797
81 208
Living cost
25 018
25 018
25 018
25 018
Free-cash
81 815
89 616
51 779
56 190

Estimated living cost  is ₽25018 per week

₽17169
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1604
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽485
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5761
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽114293
₽61290
₽75056
₽17184
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
57 367
-
-
-
social contributions
4 704
-
670
-
income
12 654
-
-
-
total
17 358
-
670
-
Employer
57 367
-
-
-
social contributions
80 888
-
11 528
-
total
80 888
-
11 528
-
Corporate
28 245
166 500
-
-
income
6 214
36 630
-
-
total
6 214
36 630
-
-
Dividends
22 031
129 870
-
-
income
4 847
28 571
-
-
total
4 847
28 571
-
-
Income
166 500
166 500
166 500
166 500
Total tax
109 307
65 201
12 198
51 435
After tax
57 193
101 299
154 302
115 065
Living cost
40 009
40 009
40 009
40 009
Free-cash
17 184
61 290
114 293
75 056

Estimated living cost  is ₽40009 per week

₽25959
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3763
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽510
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9777
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽47148
₽65449
₽59771
₽64508
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
surtax
-
-
-
-
social contributions

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

-
-
-
57 859
income
-
-
-
19 613
total
-
-
-
77 472
Employee
42 898
-
134 546
-
social contributions
4 719
-
14 799
-
surtax
-
-
-
-
income
8 923
-
43 342
-
total
13 642
-
58 141
-
Employer
42 898
-
134 546
-
social contributions
10 188
-
31 954
-
total
10 188
-
31 954
-
Corporate
113 413
166 500
-
-
surtax
-
-
-
-
income
23 818
34 965
-
-
total
23 818
34 965
-
-
Dividends
89 596
131 535
-
-
withholding
25 087
36 829
-
-
total
25 087
36 829
-
-
Income
166 500
166 500
166 500
166 500
Total tax
72 735
71 794
90 095
77 472
After tax
93 765
94 706
76 405
89 028
Living cost
29 257
29 257
29 257
29 257
Free-cash
64 508
65 449
47 148
59 771

Estimated living cost  is ₽29257 per week

₽21890
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1726
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.
₽5153
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽46184
₽38866
₽48743
₽45277
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
surtax
-
-
-
-
other
-
-
-
5 161
social contributions
-
-
-
4 744
income
-
-
-
26 214
pensions
-
-
-
29 478
health
-
-
-
7 110
total
-
-
-
72 707
Employee
58 419
-
128 896
-
social contributions
1 664
-
3 673
-
pensions
6 608
-
8 948
-
surtax
-
-
-
-
income
5 097
-
25 040
-
total
13 369
-
37 661
-
Employer
58 419
-
128 896
-
unemployment
2 367
-
5 220
-
health
4 089
-
11 910
-
pensions
9 599
-
15 067
-
other
2 016
-
5 022
-
social contributions
175
-
386
-
total
18 246
-
37 605
-
Corporate
89 836
166 500
-
-
surtax
-
-
-
-
income
25 154
46 619
-
-
total
25 154
46 619
-
-
Dividends
64 682
119 881
-
-
withholding
8 278
15 344
-
-
surtax
-
-
-
-
social contributions
11 126
20 621
-
-
total
19 404
35 965
-
-
Income
166 500
166 500
166 500
166 500
Total tax
76 173
82 584
75 266
72 707
After tax
90 327
83 916
91 234
93 793
Living cost
45 050
45 050
45 050
45 050
Free-cash
45 277
38 866
46 184
48 743

Estimated living cost  is ₽45050 per week

₽30489
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3685
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽618
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10257
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽98933
₽121811
₽94508
₽118678
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
7 323
social contributions
-
-
-
36 631
total
-
-
-
43 954
Employee
29 986
-
144 155
-
social contributions
1 949
-
9 369
-
income
-
-
7 815
-
total
1 949
-
17 184
-
Employer
29 986
-
144 155
-
social contributions
4 648
-
22 345
-
total
4 648
-
22 345
-
Corporate
131 866
166 500
-
-
income
13 187
16 651
-
-
total
13 187
16 651
-
-
Dividends
118 679
149 849
-
-
total
-
-
-
-
Income
166 500
166 500
166 500
166 500
Total tax
19 784
16 651
39 529
43 954
After tax
146 716
149 849
126 971
122 546
Living cost
28 038
28 038
28 038
28 038
Free-cash
118 678
121 811
98 933
94 508

Estimated living cost  is ₽28038 per week

₽18129
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2113
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽527
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7268
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽36726
-₽36726
₽53150
-₽36726
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
166 500
municipal
-
-
-
34 748
labour market
-
-
-
13 255
national
-
-
-
19 617
pensions
-
-
-
809
total
-
-
-
68 429
Employee
189 602
189 602
189 602
-
pensions
270
270
270
-
national
23 163
23 163
23 163
-
labour market
15 147
15 147
15 147
-
municipal
40 375
40 375
40 375
-
total
78 955
78 955
78 955
-
Employer
189 602
189 602
189 602
-
pensions
539
539
539
-
national
23 204
23 204
23 204
-
labour market
15 168
15 168
15 168
-
municipal
40 439
40 439
40 439
-
total
79 350
79 350
79 350
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
166 500
166 500
166 500
166 500
Total tax
158 305
158 305
158 305
68 429
After tax
8 195
8 195
8 195
98 071
Living cost
44 921
44 921
44 921
44 921
Free-cash
-36 726
-36 726
-36 726
53 150

Estimated living cost  is ₽44921 per week

₽30745
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3974
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽691
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9512
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽69909
-₽7035
₽93299
₽10338
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
351
income
-
-
-
46 085
pensions
-
-
-
3 939
accident
-
-
-
239
health
-
-
-
2 065
total
-
-
-
52 679
Employee
32 282
-
149 893
-
health
3 697
-
17 163
-
pensions
3 635
-
7 223
-
income
4 429
-
35 077
-
total
11 761
-
59 463
-
Employer
32 282
-
149 893
-
unemployment
791
-
3 672
-
accident
539
-
2 503
-
pensions
5 249
-
10 431
-
total
6 579
-
16 606
-
Corporate
127 638
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.

114 875
149 850
-
-
total
114 875
149 850
-
-
Dividends
12 764
16 650
-
-
withholding
2 425
3 163
-
-
total
2 425
3 163
-
-
Income
166 500
166 500
166 500
166 500
Total tax
135 640
153 013
76 069
52 679
After tax
30 860
13 487
90 431
113 821
Living cost
20 522
20 522
20 522
20 522
Free-cash
10 338
-7 035
69 909
93 299

Estimated living cost  is ₽20522 per week

₽14938
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1170
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽385
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4029
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽51392
₽68385
₽71261
₽70783
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
municipal
-
-
-
29 579
national
-
-
-
27 675
health
-
-
-
2 175
total
-
-
-
59 429
Employee
49 073
-
140 070
-
health
366
-
1 768
-
pensions
3 312
-
9 456
-
unemployment
736
-
2 101
-
national
811
-
16 728
-
municipal
8 038
-
22 814
-
total
13 263
-
52 867
-
Employer
49 073
-
140 070
-
unemployment
319
-
910
-
accident
50
-
140
-
health
377
-
1 078
-
pensions
8 514
-
24 303
-
total
9 260
-
26 431
-
Corporate
108 168
166 500
-
-
income
21 633
33 300
-
-
total
21 633
33 300
-
-
Dividends

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

64 901
99 900
-
-
national
4 069
11 023
-
-
municipal
11 682
17 982
-
-
total
15 751
29 005
-
-
Income
166 500
166 500
166 500
166 500
Total tax
59 907
62 305
79 298
59 429
After tax
106 593
104 195
87 202
107 071
Living cost
35 810
35 810
35 810
35 810
Free-cash
70 783
68 385
51 392
71 261

Estimated living cost  is ₽35810 per week

₽23391
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3444
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽570
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8406
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽90640
₽99860
₽92098
₽94784
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
15 091
income
-
-
-
33 470
health
-
-
-
4 246
total
-
-
-
52 807
Employee
71 723
71 723
155 593
-
health
556
1 220
2 644
-
social contributions
2 712
5 953
8 029
-
income
7 809
6 639
32 685
-
total
11 077
13 812
43 358
-
Employer
71 723
71 723
155 593
-
health
604
1 328
2 878
-
social contributions
2 712
5 953
8 029
-
total
3 316
7 281
10 907
-
Corporate
130 513
87 497
-
-
income
16 314
10 937
-
-
total
16 314
10 937
-
-
Dividends
114 198
76 560
-
-
withholding
19 414
13 015
-
-
total
19 414
13 015
-
-
Income
166 500
166 500
166 500
166 500
Total tax
50 121
45 045
54 265
52 807
After tax
116 379
121 455
112 235
113 693
Living cost
21 595
21 595
21 595
21 595
Free-cash
94 784
99 860
90 640
92 098

Estimated living cost  is ₽21595 per week

₽12942
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2119
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽478
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6057
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽106688
₽123070
₽125397
₽118326
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
unemployment
-
-
-
27
income
-
-
-
16 959
pensions
-
-
-
5 933
health
-
-
-
3 375
total
-
-
-
26 294
Employee

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

21 409
-
157 384
-
health
1 820
-
7 523
-
pensions
3 211
-
13 275
-
unemployment
106
-
443
-
income
1 464
-
14 645
-
total
6 601
-
35 886
-
Employer

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

21 409
-
157 384
-
unemployment
106
-
443
-
health
920
-
3 806
-
pensions
1 177
-
4 868
-
total
2 203
-
9 117
-
Corporate
142 887
166 500
-
-
income
12 859
14 985
-
-
total
12 859
14 985
-
-
Dividends
130 028
151 515
-
-
withholding
11 702
13 636
-
-
total
11 702
13 636
-
-
Income
166 500
166 500
166 500
166 500
Total tax
33 365
28 621
45 003
26 294
After tax
133 135
137 879
121 497
140 206
Living cost
14 809
14 809
14 809
14 809
Free-cash
118 326
123 070
106 688
125 397

Estimated living cost  is ₽14809 per week

₽9448
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1067
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽441
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3852
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽63852
₽85308
₽67766
₽81189
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
unemployment
-
-
-
605
income
-
-
-
47 149
pensions
-
-
-
24 465
accident
-
-
-
779
total
-
-
-
73 085
Employee
34 489
-
138 939
-
pensions
1 621
-
4 064
-
unemployment
535
-
1 340
-
other
34
-
87
-
income
6 649
-
43 947
-
total
8 839
-
49 438
-
Employer
34 489
-
138 939
-
unemployment
1 897
-
4 754
-
accident
683
-
1 712
-
pensions
8 139
-
20 403
-
other
276
-
692
-
total
10 995
-
27 561
-
Corporate
121 016
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.

18 152
24 975
-
-
total
18 152
24 975
-
-
Dividends
102 864
141 525
-
-
withholding
21 676
30 568
-
-
total
21 676
30 568
-
-
Income
166 500
166 500
166 500
166 500
Total tax
59 662
55 543
76 999
73 085
After tax
106 838
110 957
89 501
93 415
Living cost
25 649
25 649
25 649
25 649
Free-cash
81 189
85 308
63 852
67 766

Estimated living cost  is ₽25649 per week

₽17313
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2466
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽450
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5422
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽105076
₽101997
₽105211
₽101685
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
166 500
income
-
-
-
57 001
pensions
-
-
-
1 385
health
-
-
-
1 004
total
-
-
-
59 390
Employee
2 893
-
164 941
-
health
145
-
346
-
pensions
260
-
623
-
unemployment
29
-
69
-
income
560
-
56 928
-
total
994
-
57 966
-
Employer
2 893
-
164 941
-
unemployment
58
-
139
-
health
275
-
658
-
pensions
318
-
762
-
total
651
-
1 559
-
Corporate
162 956
166 500
-
-
income
35 850
36 630
-
-
total
35 850
36 630
-
-
Dividends
127 106
129 870
-
-
withholding
25 421
25 974
-
-
total
25 421
25 974
-
-
Income
166 500
166 500
166 500
166 500
Total tax
62 916
62 604
59 525
59 390
After tax
103 584
103 896
106 975
107 110
Living cost
1 899
1 899
1 899
1 899
Free-cash
101 685
101 997
105 076
105 211

Estimated living cost  is ₽1899 per week

₽1129
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽154
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽43
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽573
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽86578
₽104163
₽86579
₽99574
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
unemployment
-
-
-
1 034
income
-
-
-
37 728
pensions
-
-
-
17 925
health
-
-
-
7 101
total
-
-
-
63 788
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.

24 328
-
154 159
-
health
1 253
-
3 551
-
pensions
3 406
-
9 652
-
unemployment
182
-
517
-
income
3 353
-
37 728
-
total
8 194
-
51 448
-
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.

24 328
-
154 159
-
unemployment
182
-
517
-
health
1 253
-
3 551
-
pensions
2 919
-
8 273
-
total
4 354
-
12 341
-
Corporate
137 817
166 500
-
-
income
20 673
24 975
-
-
total
20 673
24 975
-
-
Dividends
117 145
141 525
-
-
withholding
17 572
21 229
-
-
total
17 572
21 229
-
-
Income
166 500
166 500
166 500
166 500
Total tax
50 793
46 204
63 789
63 788
After tax
115 707
120 296
102 711
102 712
Living cost
16 133
16 133
16 133
16 133
Free-cash
99 574
104 163
86 578
86 579

Estimated living cost  is ₽16133 per week

₽10863
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1248
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽467
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3556
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽51259
₽69560
₽63882
₽69222
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
surtax
-
-
-
-
social contributions

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

-
-
-
57 859
income
-
-
-
19 613
total
-
-
-
77 472
Employee
36 201
-
134 546
-
social contributions
3 983
-
14 799
-
surtax
-
-
-
-
income
7 074
-
43 342
-
total
11 057
-
58 141
-
Employer
36 201
-
134 546
-
social contributions
8 597
-
31 954
-
total
8 597
-
31 954
-
Corporate
121 702
166 500
-
-
surtax
-
-
-
-
income
25 558
34 965
-
-
total
25 558
34 965
-
-
Dividends
96 144
131 535
-
-
withholding
26 920
36 829
-
-
total
26 920
36 829
-
-
Income
166 500
166 500
166 500
166 500
Total tax
72 132
71 794
90 095
77 472
After tax
94 368
94 706
76 405
89 028
Living cost
25 146
25 146
25 146
25 146
Free-cash
69 222
69 560
51 259
63 882

Estimated living cost  is ₽25146 per week

₽17810
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1747
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽446
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5144
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽56721
₽78177
₽60635
₽72074
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
unemployment
-
-
-
605
income
-
-
-
47 149
pensions
-
-
-
24 465
accident
-
-
-
779
total
-
-
-
73 085
Employee
45 047
-
138 939
-
pensions
2 117
-
4 064
-
unemployment
697
-
1 340
-
other
44
-
87
-
income
9 409
-
43 947
-
total
12 267
-
49 438
-
Employer
45 047
-
138 939
-
unemployment
2 478
-
4 754
-
accident
892
-
1 712
-
pensions
10 631
-
20 403
-
other
361
-
692
-
total
14 362
-
27 561
-
Corporate
107 091
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.

16 063
24 975
-
-
total
16 063
24 975
-
-
Dividends
91 028
141 525
-
-
withholding
18 954
30 568
-
-
total
18 954
30 568
-
-
Income
166 500
166 500
166 500
166 500
Total tax
61 646
55 543
76 999
73 085
After tax
104 854
110 957
89 501
93 415
Living cost
32 780
32 780
32 780
32 780
Free-cash
72 074
78 177
56 721
60 635

Estimated living cost  is ₽32780 per week

₽23541
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2549
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽462
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6229
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽123321
₽126306
₽116771
₽120616
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
unemployment
-
-
-
130
income
-
-
-
24 975
pensions

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

-
-
-
4 824
health
-
-
-
3 748
total
-
-
-
33 677
Employee
21 255
-
160 105
-
health
978
-
1 499
-
accident

We are using the highest rate at 1.1%.

234
-
359
-
pensions

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

1 866
-
2 862
-
income
2 126
-
16 011
-
total
5 204
-
20 731
-
Employer
21 255
-
160 105
-
unemployment
128
-
196
-
accident

We are using the highest rate at 1.1%.

234
-
359
-
health
1 467
-
2 249
-
pensions

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

2 342
-
3 592
-
total
4 171
-
6 396
-
Corporate
141 075
166 500
-
-
income
14 108
16 650
-
-
total
14 108
16 650
-
-
Dividends
126 967
149 850
-
-
withholding
6 349
7 492
-
-
total
6 349
7 492
-
-
Income
166 500
166 500
166 500
166 500
Total tax
29 832
24 142
27 127
33 677
After tax
136 668
142 358
139 373
132 823
Living cost
16 052
16 052
16 052
16 052
Free-cash
120 616
126 306
123 321
116 771

Estimated living cost  is ₽16052 per week

₽10617
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.
₽383
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4134
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽69562
₽49675
₽51892
₽61878
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
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.

-
-
-
2 844
trade
-
-
-
17 670
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.

-
-
-
51 712
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.

-
-
-
6 372
total
-
-
-
78 598
Employee

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

46 409
-
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.

6 372
-
6 372
-
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.

211
-
2 844
-
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.

3 816
-
51 712
-
total
10 399
-
60 928
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
120 091
166 500
-
-
chamber of commerce
317
386
-
-
trade
17 233
23 892
-
-
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
1 374
-
-
income
18 014
24 975
-
-
total
36 555
50 627
-
-
Dividends
83 536
115 874
-
-
withholding
20 529
28 614
-
-
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.

1 129
1 574
-
-
total
21 658
30 188
-
-
Income
166 500
166 500
166 500
166 500
Total tax
68 612
80 815
60 928
78 598
After tax
97 888
85 685
105 572
87 902
Living cost
36 010
36 010
36 010
36 010
Free-cash
61 878
49 675
69 562
51 892

Estimated living cost  is ₽36010 per week

₽24841
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3875
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽522
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6772
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽34356
₽63418
₽34356
₽65478
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
51 182
social contributions
-
-
-
27 830
total
-
-
-
79 012
Employee
72 960
-
166 500
-
social contributions
6 061
-
27 830
-
income
13 767
-
51 182
-
total
19 828
-
79 012
-
Employer
72 960
-
166 500
-
total
-
-
-
-
Corporate
93 540
166 500
-
-
income
11 693
20 812
-
-
total
11 693
20 812
-
-
Dividends
81 847
145 688
-
-
withholding
16 369
29 138
-
-
total
16 369
29 138
-
-
Income
166 500
166 500
166 500
166 500
Total tax
47 890
49 950
79 012
79 012
After tax
118 610
116 550
87 488
87 488
Living cost
53 132
53 132
53 132
53 132
Free-cash
65 478
63 418
34 356
34 356

Estimated living cost  is ₽53132 per week

₽40422
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4329
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽508
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7873
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽84392
₽69439
₽100410
₽72698
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
26 550
health

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

-
-
-
5 682
total
-
-
-
32 232
Employee
42 788
-
162 209
-
social contributions
4 287
-
4 291
-
income
4 643
-
39 668
-
total
8 930
-
43 959
-
Employer
42 788
-
162 209
-
social contributions
4 287
-
4 291
-
total
4 287
-
4 291
-
Corporate
119 425
166 500
-
-
income
41 799
58 275
-
-
total
41 799
58 275
-
-
Dividends
77 625
108 225
-
-
social contributions
4 928
4 928
-
-
total
4 928
4 928
-
-
Income
166 500
166 500
166 500
166 500
Total tax
59 944
63 203
48 250
32 232
After tax
106 556
103 297
118 250
134 268
Living cost
33 858
33 858
33 858
33 858
Free-cash
72 698
69 439
84 392
100 410

Estimated living cost  is ₽33858 per week

₽22302
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2669
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽519
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8367
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽60383
₽73989
₽75448
₽79551
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
47 700
pensions
-
-
-
8 470
total
-
-
-
56 170
Employee
47 881
-
145 438
-
health
625
-
2 104
-
pensions
3 654
-
10 412
-
income
8 719
-
37 657
-
total
12 998
-
50 173
-
Employer
47 881
-
145 438
-
health
910
-
2 763
-
pensions
4 837
-
18 299
-
total
5 747
-
21 062
-
Corporate
112 872
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.

21 445
31 635
-
-
total
21 445
31 635
-
-
Dividends
91 427
134 865
-
-
withholding
11 877
25 994
-
-
total
11 877
25 994
-
-
Income
166 500
166 500
166 500
166 500
Total tax
52 067
57 629
71 235
56 170
After tax
114 433
108 871
95 265
110 330
Living cost
34 882
34 882
34 882
34 882
Free-cash
79 551
73 989
60 383
75 448

Estimated living cost  is ₽34882 per week

₽23929
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3208
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽436
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7307
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽67877
-₽9067
₽91267
₽10028
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
351
income
-
-
-
46 085
pensions
-
-
-
3 939
accident
-
-
-
239
health
-
-
-
2 065
total
-
-
-
52 679
Employee
35 478
-
149 893
-
health
4 062
-
17 163
-
pensions
3 995
-
7 223
-
income
4 867
-
35 077
-
total
12 924
-
59 463
-
Employer
35 478
-
149 893
-
unemployment
869
-
3 672
-
accident
592
-
2 503
-
pensions
5 768
-
10 431
-
total
7 229
-
16 606
-
Corporate
123 792
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.

111 413
149 850
-
-
total
111 413
149 850
-
-
Dividends
12 379
16 650
-
-
withholding
2 352
3 163
-
-
total
2 352
3 163
-
-
Income
166 500
166 500
166 500
166 500
Total tax
133 918
153 013
76 069
52 679
After tax
32 582
13 487
90 431
113 821
Living cost
22 554
22 554
22 554
22 554
Free-cash
10 028
-9 067
67 877
91 267

Estimated living cost  is ₽22554 per week

₽16552
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1314
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽454
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4233
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽105886
₽127503
₽85362
₽123135
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
unemployment
-
-
-
1 791
health insurance
-
-
-
11 046
income
-
-
-
27 483
pensions
-
-
-
27 465
work injury
-
-
-
746
total
-
-
-
68 531
Employee

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

20 172
-
166 500
-
pensions
3 712
-
13 732
-
unemployment
242
-
896
-
work injury
101
-
373
-
health insurance
1 493
-
5 523
-
income
2 017
-
27 483
-
total
7 565
-
48 007
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
146 328
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
144 865
164 835
-
-
withholding
21 730
24 725
-
-
total
21 730
24 725
-
-
Income
166 500
166 500
166 500
166 500
Total tax
30 758
26 390
48 007
68 531
After tax
135 742
140 110
118 493
97 969
Living cost
12 607
12 607
12 607
12 607
Free-cash
123 135
127 503
105 886
85 362

Estimated living cost  is ₽12607 per week

₽7810
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽916
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽393
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3487
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽33009
₽50543
₽40316
₽46299
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
166 500
municipal
-
-
-
1 113
social contributions
-
-
-
42 824
national
-
-
-
41 274
regional
-
-
-
3 815
total
-
-
-
89 026
Employee
78 598
-
166 500
-
social contributions
26 503
-
56 144
-
national
13 282
-
35 811
-
regional
1 187
-
3 385
-
municipal
469
-
993
-
total
41 441
-
96 333
-
Employer
78 598
-
166 500
-
total
-
-
-
-
Corporate
87 902
166 500
-
-
municipal
4 237
8 025
-
-
nationa
21 097
39 960
-
-
total
25 334
47 985
-
-
Dividends
62 568
118 514
-
-
withholding
16 268
30 814
-
-
total
16 268
30 814
-
-
Income
166 500
166 500
166 500
166 500
Total tax
83 043
78 799
96 333
89 026
After tax
83 457
87 701
70 167
77 474
Living cost
37 158
37 158
37 158
37 158
Free-cash
46 299
50 543
33 009
40 316

Estimated living cost  is ₽37158 per week

₽26101
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2556
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽561
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7939
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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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