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
₽53429
₽64591
₽57227
₽76060
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
trade
-
-
-
18 833
income

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

-
-
-
50 217
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.

-
-
-
6 894
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.

-
-
-
2 762
total
-
-
-
78 706
Employee

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

38 599
-
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.

6 894
-
6 894
-
surtax

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

59
-
2 762
-
income

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

1 078
-
50 217
-
total
8 031
-
59 873
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
127 901
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.

1 055
1 373
-
-
income
19 185
24 975
-
-
trade
20 145
26 223
-
-
chamber of commerce
337
393
-
-
total
40 722
52 964
-
-
Dividends
87 179
113 536
-
-
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.

1 178
1 540
-
-
withholding
21 411
28 000
-
-
total
22 589
29 540
-
-
Income
166 500
166 500
166 500
166 500
Total tax
71 342
82 504
59 873
78 706
After tax
95 158
83 996
106 627
87 794
Living cost
30 567
30 567
30 567
30 567
Free-cash
64 591
53 429
76 060
57 227

Estimated living cost  is ₽30567 per week

₽19227
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3564
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽571
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7205
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽52902
₽52054
₽47425
₽48731
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
18 164
pensions
-
-
-
19 980
national
-
-
-
28 147
social contributions
-
-
-
1 790
total
-
-
-
68 081
Employee
79 050
-
143 938
-
municipal
9 764
-
18 809
-
pensions
3 162
-
5 758
-
national
15 130
-
29 146
-
total
28 056
-
53 713
-
Employer
79 050
-
143 938
-
social contributions
850
-
1 547
-
pensions
6 324
-
11 515
-
total
7 174
-
13 062
-
Corporate
75 059
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%.

15 012
33 300
-
-
total
15 012
33 300
-
-
Dividends
60 047
133 200
-
-
withholding
13 210
29 304
-
-
total
13 210
29 304
-
-
Income
166 500
166 500
166 500
166 500
Total tax
63 452
62 604
66 775
68 081
After tax
103 048
103 896
99 725
98 419
Living cost
50 994
50 994
50 994
50 994
Free-cash
52 054
52 902
48 731
47 425

Estimated living cost  is ₽50994 per week

₽34660
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4740
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽763
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10830
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽112205
₽103927
₽35493
₽47406
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
-
income
-
-
-
28 889
surtax
-
-
-
42 457
social contributions

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

-
-
-
38 666
total
-
-
-
110 012
Employee
29 488
-
123 897
-
social contributions

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

3 244
-
13 229
-
surtax
-
-
17 965
-
income
5 249
-
24 304
-
total
8 493
-
55 498
-
Employer
29 488
-
123 897
-
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.

7 103
-
28 973
-
surtax
-
-
13 628
-
total
7 103
-
42 601
-
Corporate
129 909
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%.

25 982
33 300
-
-
total
25 982
33 300
-
-
Dividends

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

103 927
133 200
-
-
total
-
-
-
-
Income
166 500
166 500
166 500
166 500
Total tax
41 578
33 300
98 099
110 012
After tax
124 922
133 200
68 401
56 488
Living cost
20 995
20 995
20 995
20 995
Free-cash
103 927
112 205
47 406
35 493

Estimated living cost  is ₽20995 per week

₽13394
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1999
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽477
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5125
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽39990
₽33807
₽50429
₽60528
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
49 527
pensions
-
-
-
11 824
health
-
-
-
12 444
total
-
-
-
73 795
Employee
86 179
86 179
147 746
-
health
13 228
11 251
12 444
-
income

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

14 106
14 106
20 675
-
pensions
15 512
11 824
11 824
-
total
42 846
37 181
44 943
-
Employer
86 179
86 179
147 746
-
unemployment
3 102
3 102
3 855
-
pensions
5 998
5 998
7 455
-
health
5 990
5 990
7 444
-
total
15 090
15 090
18 754
-
Corporate
66 287
65 230
-
-
income
13 258
13 046
-
-
total
13 258
13 046
-
-
Dividends
53 029
52 185
-
-
income
11 268
11 090
-
-
withholding
7 955
7 827
-
-
total
19 223
18 917
-
-
Income
166 500
166 500
166 500
166 500
Total tax
90 417
84 234
63 697
73 795
After tax
76 083
82 266
102 803
92 705
Living cost
42 276
42 276
42 276
42 276
Free-cash
33 807
39 990
60 528
50 429

Estimated living cost  is ₽42276 per week

₽29960
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3811
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽672
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7833
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽51919
₽51043
₽46854
₽45908
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
42 268
accident
-
-
-
171
pensions
-
-
-
9 237
other
-
-
-
9 930
unemployment
-
-
-
86
health
-
-
-
5 332
national
-
-
-
13 632
total
-
-
-
80 656
Employee
55 558
-
139 651
-
municipal
16 567
-
41 644
-
national
-
-
13 109
-
total
16 567
-
54 753
-
Employer
55 558
-
139 651
-
accident
111
-
171
-
other
6 456
-
9 930
-
unemployment
1 467
-
2 256
-
pensions
6 006
-
9 237
-
health
3 417
-
5 255
-
total
17 457
-
26 849
-
Corporate
93 486
166 500
-
-
income
20 567
36 630
-
-
total
20 567
36 630
-
-
Dividends
72 919
129 870
-
-
withholding
21 876
38 961
-
-
total
21 876
38 961
-
-
Income
166 500
166 500
166 500
166 500
Total tax
76 467
75 591
81 602
80 656
After tax
90 033
90 909
84 898
85 844
Living cost
38 990
38 990
38 990
38 990
Free-cash
51 043
51 919
45 908
46 854

Estimated living cost  is ₽38990 per week

₽25841
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3826
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽592
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8731
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽43494
₽57673
₽47311
₽66983
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
trade
-
-
-
19 672
income

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

-
-
-
50 217
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.

-
-
-
6 894
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.

-
-
-
2 762
total
-
-
-
79 545
Employee

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

51 177
-
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.

6 894
-
6 894
-
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.

241
-
2 762
-
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.

4 397
-
50 217
-
total
11 532
-
59 873
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
115 323
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.

952
1 373
-
-
income
17 299
24 975
-
-
trade
18 971
27 390
-
-
chamber of commerce
318
391
-
-
total
37 540
54 129
-
-
Dividends
77 783
112 372
-
-
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.

1 048
1 524
-
-
withholding
19 063
27 709
-
-
total
20 111
29 233
-
-
Income
166 500
166 500
166 500
166 500
Total tax
69 183
83 362
59 873
79 545
After tax
97 317
83 138
106 627
86 955
Living cost
39 644
39 644
39 644
39 644
Free-cash
57 673
43 494
66 983
47 311

Estimated living cost  is ₽39644 per week

₽26514
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4181
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽592
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8357
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽88771
₽84582
₽81635
₽80140
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
166 500
income
-
-
-
31 559
health
-
-
-
4 246
social contributions
-
-
-
16 328
total
-
-
-
52 133
Employee
77 600
77 600
154 946
-
social contributions
3 771
6 440
8 687
-
health
772
1 319
2 633
-
income
8 149
7 183
30 754
-
total
12 692
14 942
42 074
-
Employer
77 600
77 600
154 946
-
social contributions
3 771
6 440
8 687
-
health
841
1 436
2 867
-
total
4 612
7 876
11 554
-
Corporate
116 465
81 023
-
-
income
14 558
10 127
-
-
total
14 558
10 127
-
-
Dividends
101 906
70 896
-
-
withholding
17 324
12 052
-
-
total
17 324
12 052
-
-
Income
166 500
166 500
166 500
166 500
Total tax
49 186
44 997
53 628
52 133
After tax
117 314
121 503
112 872
114 367
Living cost
32 732
32 732
32 732
32 732
Free-cash
84 582
88 771
80 140
81 635

Estimated living cost  is ₽32732 per week

₽22376
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2557
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽550
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7251
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽75219
₽75599
₽97006
₽78185
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

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

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

The minimum wage is 138,000 HUF per month.

26 470
10 535
139 331
-
health
1 853
737
9 753
-
income
3 236
1 288
17 033
-
pensions
2 647
1 053
13 933
-
unemployment
397
158
2 090
-
total
8 133
3 236
42 809
-
Employer

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

The minimum wage is 138,000 HUF per month.

26 470
10 535
139 331
-
pensions
5 162
2 054
27 169
-
total
5 162
2 054
27 169
-
Corporate
134 869
153 911
-
-
income
12 138
13 852
-
-
total
12 138
13 852
-
-
Dividends
122 731
140 059
-
-
social contributions
23 812
27 191
-
-
withholding
23 319
26 611
-
-
total
47 131
53 802
-
-
Income
166 500
166 500
166 500
166 500
Total tax
72 564
72 944
69 978
51 157
After tax
93 936
93 556
96 522
115 343
Living cost
18 337
18 337
18 337
18 337
Free-cash
75 599
75 219
78 185
97 006

Estimated living cost  is ₽18337 per week

₽12513
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1500
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽366
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3957
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽108825
₽102555
₽64869
₽71590
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
21 644
total
-
-
-
77 256
Employee
28 629
-
124 439
-
income
3 223
-
23 992
-
pensions
573
-
2 490
-
unemployment
458
-
1 992
-
total
4 254
-
28 474
-
Employer
28 629
-
124 439
-
unemployment
230
-
996
-
pensions
5 726
-
24 888
-
health
3 721
-
16 177
-
total
9 677
-
42 061
-
Corporate
128 195
166 500
-
-
income
25 639
33 300
-
-
total
25 639
33 300
-
-
Dividends
102 555
133 200
-
-
total
-
-
-
-
Income
166 500
166 500
166 500
166 500
Total tax
39 570
33 300
70 535
77 256
After tax
126 930
133 200
95 965
89 244
Living cost
24 375
24 375
24 375
24 375
Free-cash
102 555
108 825
71 590
64 869

Estimated living cost  is ₽24375 per week

₽16719
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1452
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽490
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5715
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽8583
₽10101
₽91787
₽68011
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
166 500
accident
-
-
-
253
income
-
-
-
45 657
pensions
-
-
-
4 174
other
-
-
-
372
health
-
-
-
2 188
total
-
-
-
52 644
Employee
34 715
-
149 297
-
health
3 975
-
17 095
-
income
4 763
-
34 469
-
pensions
3 909
-
7 653
-
total
12 647
-
59 217
-
Employer
34 715
-
149 297
-
accident
580
-
2 493
-
unemployment
850
-
3 658
-
pensions
5 645
-
11 052
-
total
7 075
-
17 203
-
Corporate
124 710
166 500
-
-
income

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

112 239
149 850
-
-
total
112 239
149 850
-
-
Dividends
12 471
16 650
-
-
withholding
2 369
3 164
-
-
total
2 369
3 164
-
-
Income
166 500
166 500
166 500
166 500
Total tax
134 330
153 014
76 420
52 644
After tax
32 170
13 486
90 080
113 856
Living cost
22 069
22 069
22 069
22 069
Free-cash
10 101
-8 583
68 011
91 787

Estimated living cost  is ₽22069 per week

₽16174
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1223
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽461
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4211
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽149096
₽147395
₽155756
₽124121
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
11 349
-
166 500
-
income
2 269
-
33 300
-
total
2 269
-
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%.

155 151
166 500
-
-
total
-
-
-
-
Dividends
155 151
166 500
-
-
withholding
7 757
8 325
-
-
total
7 757
8 325
-
-
Income
166 500
166 500
166 500
166 500
Total tax
10 026
8 325
33 300
1 665
After tax
156 474
158 175
133 200
164 835
Living cost
9 079
9 079
9 079
9 079
Free-cash
147 395
149 096
124 121
155 756

Estimated living cost  is ₽9079 per week

₽5627
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽755
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽250
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2448
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽95436
₽88623
₽64101
₽67747
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
166 500
income
-
-
-
24 636
pensions

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

-
-
-
36 831
other
-
-
-
7 289
health
-
-
-
6 753
total
-
-
-
75 509
Employee
36 642
-
132 986
-
health
513
-
1 861
-
income
6 308
-
25 852
-
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.

2 564
-
9 309
-
unemployment
366
-
1 329
-
total
9 751
-
38 351
-
Employer
36 642
-
132 986
-
accident
293
-
1 065
-
other
1 833
-
6 649
-
unemployment
366
-
1 329
-
pensions

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

6 230
-
22 608
-
health
513
-
1 861
-
total
9 235
-
33 512
-
Corporate
120 624
166 500
-
-
income
25 331
34 966
-
-
total
25 331
34 966
-
-
Dividends
95 293
131 534
-
-
withholding
6 670
9 208
-
-
total
6 670
9 208
-
-
Income
166 500
166 500
166 500
166 500
Total tax
50 987
44 174
71 863
75 509
After tax
115 513
122 326
94 637
90 991
Living cost
26 890
26 890
26 890
26 890
Free-cash
88 623
95 436
67 747
64 101

Estimated living cost  is ₽26890 per week

₽19000
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1816
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽433
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5642
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽42541
₽43115
₽43576
₽28441
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
166 500
income
-
-
-
46 324
pensions
-
-
-
8 873
total
-
-
-
55 197
Employee
95 823
-
145 558
-
health
1 579
-
2 157
-
income
17 273
-
36 232
-
pensions
9 244
-
11 002
-
total
28 096
-
49 391
-
Employer
95 823
-
145 558
-
pensions
11 314
-
18 176
-
health
1 820
-
2 765
-
total
13 134
-
20 941
-
Corporate
57 543
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.

10 933
31 636
-
-
total
10 933
31 636
-
-
Dividends
46 610
134 864
-
-
withholding
3 495
24 596
-
-
total
3 495
24 596
-
-
Income
166 500
166 500
166 500
166 500
Total tax
55 658
56 232
70 332
55 197
After tax
110 842
110 268
96 168
111 303
Living cost
67 727
67 727
67 727
67 727
Free-cash
43 115
42 541
28 441
43 576

Estimated living cost  is ₽67727 per week

₽50749
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽7957
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽551
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8470
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽129119
₽124429
₽118869
₽125275
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
166 500
income
-
-
-
24 975
pensions

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

-
-
-
5 220
unemployment
-
-
-
141
health
-
-
-
4 056
total
-
-
-
34 392
Employee
17 531
-
159 580
-
health
806
-
1 622
-
accident

We are using the highest rate at 1.1%.

193
-
388
-
income
1 753
-
15 958
-
pensions

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

1 539
-
3 097
-
total
4 291
-
21 065
-
Employer
17 531
-
159 580
-
accident

We are using the highest rate at 1.1%.

193
-
388
-
unemployment
105
-
212
-
pensions

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

1 932
-
3 887
-
health
1 210
-
2 434
-
total
3 440
-
6 921
-
Corporate
145 529
166 500
-
-
income
14 552
16 650
-
-
total
14 552
16 650
-
-
Dividends
130 977
149 850
-
-
withholding
6 549
7 492
-
-
total
6 549
7 492
-
-
Income
166 500
166 500
166 500
166 500
Total tax
28 832
24 142
27 986
34 392
After tax
137 668
142 358
138 514
132 108
Living cost
13 239
13 239
13 239
13 239
Free-cash
124 429
129 119
125 275
118 869

Estimated living cost  is ₽13239 per week

₽7729
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽945
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽351
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4214
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽26306
₽28844
₽36745
₽46843
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
49 527
pensions
-
-
-
11 824
health
-
-
-
12 444
total
-
-
-
73 795
Employee
93 563
86 179
147 746
-
health
11 672
11 251
12 444
-
income

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

14 106
14 106
20 675
-
pensions
11 824
11 824
11 824
-
total
37 602
37 181
44 943
-
Employer
93 563
86 179
147 746
-
unemployment
3 369
3 102
3 855
-
pensions
6 511
5 998
7 455
-
health
6 502
5 990
7 444
-
total
16 382
15 090
18 754
-
Corporate
56 556
65 230
-
-
income
11 311
13 046
-
-
total
11 311
13 046
-
-
Dividends
45 245
52 185
-
-
income
9 614
11 090
-
-
withholding
6 787
7 827
-
-
total
16 401
18 917
-
-
Income
166 500
166 500
166 500
166 500
Total tax
81 696
84 234
63 697
73 795
After tax
84 804
82 266
102 803
92 705
Living cost
55 960
55 960
55 960
55 960
Free-cash
28 844
26 306
46 843
36 745

Estimated living cost  is ₽55960 per week

₽41280
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4998
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽642
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9041
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽90465
₽81843
₽68688
₽61474
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
166 500
income
-
-
-
16 386
health
-
-
-
22 477
solidarity contribution
-
-
-
-
social contributions
-
-
-
34 779
total
-
-
-
73 642
Employee
35 544
-
125 434
-
social contributions
2 310
-
7 742
-
health
4 798
-
16 934
-
solidarity contribution
-
-
-
-
income
4 265
-
15 114
-
total
11 373
-
39 790
-
Employer
35 544
-
125 434
-
social contributions
8 886
-
29 777
-
health
3 199
-
11 289
-
total
12 085
-
41 066
-
Corporate
118 871
166 500
-
-
income
22 586
31 635
-
-
total
22 586
31 635
-
-
Dividends
96 286
134 865
-
-
withholding
14 443
20 230
-
-
total
14 443
20 230
-
-
Income
166 500
166 500
166 500
166 500
Total tax
60 487
51 865
80 856
73 642
After tax
106 013
114 635
85 644
92 858
Living cost
24 170
24 170
24 170
24 170
Free-cash
81 843
90 465
61 474
68 688

Estimated living cost  is ₽24170 per week

₽16789
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1719
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽475
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5186
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽46251
₽40982
₽37650
₽30129
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
990
regional
-
-
-
1 954
national
-
-
-
40 500
social contributions
-
-
-
42 823
total
-
-
-
86 267
Employee
89 689
-
166 500
-
social contributions
30 243
-
56 145
-
regional
846
-
1 722
-
municipal
475
-
883
-
national
15 541
-
35 038
-
total
47 105
-
93 788
-
Employer
89 689
-
166 500
-
total
-
-
-
-
Corporate
76 811
166 500
-
-
nationa
18 435
39 960
-
-
municipal
2 995
6 494
-
-
total
21 430
46 454
-
-
Dividends
55 382
120 046
-
-
withholding
14 400
31 212
-
-
total
14 400
31 212
-
-
Income
166 500
166 500
166 500
166 500
Total tax
82 935
77 666
93 788
86 267
After tax
83 565
88 834
72 712
80 233
Living cost
42 583
42 583
42 583
42 583
Free-cash
40 982
46 251
30 129
37 650

Estimated living cost  is ₽42583 per week

₽29684
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2792
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽653
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9453
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽82459
₽79320
₽56669
₽50378
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
166 500
income
-
-
-
44 225
pensions
-
-
-
26 938
other
-
-
-
-
unemployment
-
-
-
230
health
-
-
-
9 562
surtax
-
-
-
6 607
total
-
-
-
87 562
Employee
33 373
-
138 149
-
other
-
-
-
-
health
852
-
3 434
-
surtax
109
-
5 521
-
income
5 594
-
38 189
-
pensions
2 225
-
8 984
-
unemployment
2 323
-
9 374
-
total
11 103
-
65 502
-
Employer
33 373
-
138 149
-
other
-
-
-
-
unemployment
1 057
-
4 269
-
pensions
4 449
-
17 954
-
health
1 519
-
6 128
-
total
7 025
-
28 351
-
Corporate
126 103
166 500
-
-
income
32 786
43 291
-
-
total
32 786
43 291
-
-
Dividends
93 317
123 209
-
-
withholding
13 997
18 481
-
-
total
13 997
18 481
-
-
Income
166 500
166 500
166 500
166 500
Total tax
64 911
61 772
93 853
87 562
After tax
101 589
104 728
72 647
78 938
Living cost
22 269
22 269
22 269
22 269
Free-cash
79 320
82 459
50 378
56 669

Estimated living cost  is ₽22269 per week

₽13616
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2055
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽513
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6084
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽63999
₽70512
₽65034
₽49899
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
166 500
income
-
-
-
46 324
pensions
-
-
-
8 873
total
-
-
-
55 197
Employee
64 218
-
145 558
-
health
932
-
2 157
-
income
11 566
-
36 232
-
pensions
5 451
-
11 002
-
total
17 949
-
49 391
-
Employer
64 218
-
145 558
-
pensions
6 952
-
18 176
-
health
1 220
-
2 765
-
total
8 172
-
20 941
-
Corporate
94 110
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.

17 882
31 636
-
-
total
17 882
31 636
-
-
Dividends
76 228
134 864
-
-
withholding
5 716
24 596
-
-
total
5 716
24 596
-
-
Income
166 500
166 500
166 500
166 500
Total tax
49 719
56 232
70 332
55 197
After tax
116 781
110 268
96 168
111 303
Living cost
46 269
46 269
46 269
46 269
Free-cash
70 512
63 999
49 899
65 034

Estimated living cost  is ₽46269 per week

₽34665
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3468
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽484
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7652
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽136
₽32498
₽59004
₽51117
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
1 755
pensions
-
-
-
15 319
other

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

-
-
-
3 330
regional
-
-
-
7 975
health
-
-
-
374
national
-
-
-
2 470
total
-
-
-
31 223
Employee
89 259
-
149 026
-
city
958
-
1 600
-
regional
2 923
-
6 896
-
health
202
-
335
-
pensions
7 499
-
12 520
-
unemployment
-
-
-
-
national
422
-
1 924
-
total
12 004
-
23 275
-
Employer
89 259
-
149 026
-
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.

1 785
-
2 980
-
unemployment
-
-
-
-
pensions
7 499
-
12 520
-
health
202
-
335
-
total
9 486
-
15 835
-
Corporate
66 775
166 500
-
-
regional
14 122
35 214
-
-
national
5 675
14 152
-
-
total
19 797
49 366
-
-
Dividends
46 977
117 134
-
-
withholding
16 442
40 997
-
-
total
16 442
40 997
-
-
Income
166 500
166 500
166 500
166 500
Total tax
57 729
90 363
39 110
31 223
After tax
108 771
76 137
127 390
135 277
Living cost
76 273
76 273
76 273
76 273
Free-cash
32 498
-136
51 117
59 004

Estimated living cost  is ₽76273 per week

₽49599
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽6845
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽936
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽18892
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽36054
₽52416
₽39887
₽60396
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
trade
-
-
-
20 509
income

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

-
-
-
50 217
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.

-
-
-
6 894
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.

-
-
-
2 762
total
-
-
-
80 382
Employee

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

60 649
-
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.

6 894
-
6 894
-
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.

393
-
2 762
-
income

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

7 132
-
50 217
-
total
14 419
-
59 873
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
105 851
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.

873
1 373
-
-
income
15 878
24 975
-
-
trade
18 153
28 554
-
-
chamber of commerce
303
387
-
-
total
35 207
55 289
-
-
Dividends
70 644
111 211
-
-
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.

950
1 507
-
-
withholding
17 278
27 420
-
-
total
18 228
28 927
-
-
Income
166 500
166 500
166 500
166 500
Total tax
67 854
84 216
59 873
80 382
After tax
98 646
82 284
106 627
86 118
Living cost
46 230
46 230
46 230
46 230
Free-cash
52 416
36 054
60 396
39 887

Estimated living cost  is ₽46230 per week

₽33765
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.
₽601
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8168
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽49388
₽55350
₽59484
₽58221
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
166 500
income
-
-
-
25 133
pensions
-
-
-
30 762
other
-
-
-
5 161
health
-
-
-
6 689
surtax
-
-
-
-
social contributions
-
-
-
4 744
total
-
-
-
72 489
Employee
43 191
-
129 646
-
social contributions
1 231
-
3 694
-
surtax
-
-
-
-
income
2 549
-
24 514
-
pensions
4 883
-
8 689
-
total
8 663
-
36 897
-
Employer
43 191
-
129 646
-
other
1 490
-
4 919
-
social contributions
130
-
389
-
unemployment
1 748
-
5 251
-
pensions
7 095
-
14 686
-
health
3 024
-
11 610
-
total
13 487
-
36 855
-
Corporate
109 821
166 500
-
-
surtax
-
-
-
-
income
30 751
46 621
-
-
total
30 751
46 621
-
-
Dividends
79 071
119 879
-
-
surtax
-
-
-
-
social contributions
13 601
20 620
-
-
withholding
10 121
15 344
-
-
total
23 722
35 964
-
-
Income
166 500
166 500
166 500
166 500
Total tax
76 623
82 585
73 752
72 489
After tax
89 877
83 915
92 748
94 011
Living cost
34 527
34 527
34 527
34 527
Free-cash
55 350
49 388
58 221
59 484

Estimated living cost  is ₽34527 per week

₽21771
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2808
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽588
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9363
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽52809
₽58417
₽62905
₽61642
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
166 500
income
-
-
-
25 133
pensions
-
-
-
30 762
other
-
-
-
5 161
health
-
-
-
6 689
surtax
-
-
-
-
social contributions
-
-
-
4 744
total
-
-
-
72 489
Employee
38 554
-
129 646
-
social contributions
1 099
-
3 694
-
surtax
-
-
-
-
income
1 988
-
24 514
-
pensions
4 361
-
8 689
-
total
7 448
-
36 897
-
Employer
38 554
-
129 646
-
other
1 331
-
4 919
-
social contributions
115
-
389
-
unemployment
1 561
-
5 251
-
pensions
6 335
-
14 686
-
health
2 698
-
11 610
-
total
12 040
-
36 855
-
Corporate
115 906
166 500
-
-
surtax
-
-
-
-
income
32 453
46 621
-
-
total
32 453
46 621
-
-
Dividends
83 453
119 879
-
-
surtax
-
-
-
-
social contributions
14 354
20 620
-
-
withholding
10 682
15 344
-
-
total
25 036
35 964
-
-
Income
166 500
166 500
166 500
166 500
Total tax
76 977
82 585
73 752
72 489
After tax
89 523
83 915
92 748
94 011
Living cost
31 106
31 106
31 106
31 106
Free-cash
58 417
52 809
61 642
62 905

Estimated living cost  is ₽31106 per week

₽18040
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3160
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽590
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9317
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽80182
₽80704
₽85528
₽82426
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
166 500
income
-
-
-
24 975
health
-
-
-
11 621
social contributions
-
-
-
22 977
total
-
-
-
59 573
Employee
34 217
-
166 500
-
social contributions
4 723
-
22 977
-
health
2 388
-
11 621
-
income
5 707
-
28 077
-
total
12 818
-
62 675
-
Employer
34 217
-
166 500
-
total
-
-
-
-
Corporate
132 283
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%.

6 615
8 325
-
-
total
6 615
8 325
-
-
Dividends
125 669
158 175
-
-
health
8 771
11 040
-
-
social contributions
17 343
21 828
-
-
withholding
18 850
23 726
-
-
total
44 964
56 594
-
-
Income
166 500
166 500
166 500
166 500
Total tax
64 397
64 919
62 675
59 573
After tax
102 103
101 581
103 825
106 927
Living cost
21 399
21 399
21 399
21 399
Free-cash
80 704
80 182
82 426
85 528

Estimated living cost  is ₽21399 per week

₽14321
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1319
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽492
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5265
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽56673
₽55111
₽49866
₽8437
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
chamber of commerce
-
-
-
666
income
-
-
-
43 191
pensions
-
-
-
21 811
unemployment
-
-
-
6 190
health
-
-
-
9 018
surtax
-
-
-
199
total
-
-
-
81 075
Employee
50 434
40 217
131 387
-
other
504
402
1 180
-
health
1 951
1 557
4 562
-
income
5 741
2 966
34 150
-
pensions
5 165
4 117
12 073
-
unemployment
1 513
1 207
3 537
-
total
14 874
10 249
55 502
-
Employer
50 434
40 217
131 387
-
accident
655
523
1 532
-
other
2 396
1 909
6 126
-
chamber of commerce
201
161
525
-
unemployment
1 513
1 207
3 537
-
surtax
199
199
199
-
pensions
6 329
5 048
14 796
-
payroll
1 513
1 207
3 941
-
health
1 906
1 521
4 456
-
total
14 712
11 775
35 112
-
Corporate
101 355
114 509
127 557
-
income

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

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

25 339
28 627
31 890
-
total
25 339
28 627
31 890
-
Dividends
76 016
85 882
-
-
withholding
20 905
23 617
-
-
total
20 905
23 617
-
-
Income
166 500
166 500
166 500
166 500
Total tax
75 830
74 268
122 504
81 075
After tax
90 670
92 232
43 996
85 425
Living cost
35 559
35 559
35 559
35 559
Free-cash
55 111
56 673
8 437
49 866

Estimated living cost  is ₽35559 per week

₽23716
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3033
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽584
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8225
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽56345
₽41212
₽35316
₽22453
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
national
-
-
-
60 748
communal

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

-
-
-
8 480
social contributions
-
-
-
25 160
total
-
-
-
94 388
Employee

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

72 186
-
128 962
-
communal

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

3 765
-
6 726
-
health

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

3 392
-
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.

5 414
-
9 673
-
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.

628
-
1 122
-
national
22 193
-
46 131
-
total
35 392
-
69 713
-
Employer

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

72 186
-
128 962
-
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.

938
-
1 676
-
unemployment

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

1 053
-
1 883
-
surtax
8 185
-
14 624
-
pensions

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

6 396
-
11 425
-
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.

4 439
-
7 930
-
total
21 011
-
37 538
-
Corporate
73 301
166 500
-
-
surtax
293
666
-
-
income
14 660
33 300
-
-
total
14 953
33 966
-
-
Dividends
58 348
132 534
-
-
withholding

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

17 136
39 393
-
-
total
17 136
39 393
-
-
Income
166 500
166 500
166 500
166 500
Total tax
88 492
73 359
107 251
94 388
After tax
78 008
93 141
59 249
72 112
Living cost
36 796
36 796
36 796
36 796
Free-cash
41 212
56 345
22 453
35 316

Estimated living cost  is ₽36796 per week

₽23701
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3217
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽576
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9302
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽74674
₽67553
₽57120
₽52885
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
166 500
accident
-
-
-
843
income
-
-
-
44 873
pensions
-
-
-
26 470
other
-
-
-
94
unemployment
-
-
-
655
total
-
-
-
72 935
Employee
50 234
-
136 680
-
other
50
-
94
-
income
10 599
-
41 409
-
pensions
2 361
-
4 397
-
unemployment
779
-
1 450
-
total
13 789
-
47 350
-
Employer
50 234
-
136 680
-
accident
994
-
1 852
-
other
400
-
749
-
unemployment
2 763
-
5 144
-
pensions
11 854
-
22 075
-
total
16 011
-
29 820
-
Corporate
100 254
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.

15 037
24 975
-
-
total
15 037
24 975
-
-
Dividends
85 217
141 525
-
-
withholding
17 665
30 406
-
-
total
17 665
30 406
-
-
Income
166 500
166 500
166 500
166 500
Total tax
62 502
55 381
77 170
72 935
After tax
103 998
111 119
89 330
93 565
Living cost
36 445
36 445
36 445
36 445
Free-cash
67 553
74 674
52 885
57 120

Estimated living cost  is ₽36445 per week

₽26838
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2585
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽525
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6496
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽43247
₽30876
₽28740
₽35379
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
166 500
accident
-
-
-
1 404
income
-
-
-
26 085
pensions
-
-
-
24 955
health
-
-
-
11 697
surtax
-
-
-
8 254
communal
-
-
-
10 523
total
-
-
-
82 918
Employee
76 423
-
148 726
-
health
3 401
-
6 617
-
surtax
4 684
-
9 114
-
income
7 382
-
30 878
-
pensions
6 113
-
11 898
-
total
21 580
-
58 507
-
Employer
76 423
-
148 726
-
accident
688
-
1 339
-
pensions
6 113
-
11 898
-
health
2 331
-
4 535
-
total
9 132
-
17 772
-
Corporate
80 945
166 500
-
-
surtax
850
1 748
-
-
communal
5 464
11 240
-
-
income
12 142
24 975
-
-
total
18 456
37 963
-
-
Dividends
62 490
128 537
-
-
income
22 240
11 167
-
-
withholding
9 374
19 281
-
-
total
31 614
30 448
-
-
Income
166 500
166 500
166 500
166 500
Total tax
80 782
68 411
76 279
82 918
After tax
85 718
98 089
90 221
83 582
Living cost
54 842
54 842
54 842
54 842
Free-cash
30 876
43 247
35 379
28 740

Estimated living cost  is ₽54842 per week

₽41140
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3323
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽580
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9798
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽82061
₽78853
₽56271
₽49980
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
166 500
income
-
-
-
44 225
pensions
-
-
-
26 938
other
-
-
-
-
unemployment
-
-
-
230
health
-
-
-
9 562
surtax
-
-
-
6 607
total
-
-
-
87 562
Employee
33 985
-
138 149
-
other
-
-
-
-
health
868
-
3 434
-
surtax
121
-
5 521
-
income
5 697
-
38 189
-
pensions
2 267
-
8 984
-
unemployment
2 365
-
9 374
-
total
11 318
-
65 502
-
Employer
33 985
-
138 149
-
other
-
-
-
-
unemployment
1 078
-
4 269
-
pensions
4 531
-
17 954
-
health
1 545
-
6 128
-
total
7 154
-
28 351
-
Corporate
125 360
166 500
-
-
income
32 593
43 291
-
-
total
32 593
43 291
-
-
Dividends
92 767
123 209
-
-
withholding
13 915
18 481
-
-
total
13 915
18 481
-
-
Income
166 500
166 500
166 500
166 500
Total tax
64 980
61 772
93 853
87 562
After tax
101 520
104 728
72 647
78 938
Living cost
22 667
22 667
22 667
22 667
Free-cash
78 853
82 061
49 980
56 271

Estimated living cost  is ₽22667 per week

₽13685
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1971
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.
₽6486
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽60331
₽58091
₽52492
₽45009
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
990
regional
-
-
-
2 510
national
-
-
-
40 500
social contributions
-
-
-
42 823
total
-
-
-
86 823
Employee
55 980
-
166 500
-
social contributions
18 877
-
56 145
-
regional
754
-
2 240
-
municipal
297
-
883
-
national
8 869
-
35 038
-
total
28 797
-
94 306
-
Employer
55 980
-
166 500
-
total
-
-
-
-
Corporate
110 520
166 500
-
-
nationa
26 524
39 960
-
-
municipal
5 492
8 275
-
-
total
32 016
48 235
-
-
Dividends
78 504
118 265
-
-
withholding
20 411
30 749
-
-
total
20 411
30 749
-
-
Income
166 500
166 500
166 500
166 500
Total tax
81 224
78 984
94 306
86 823
After tax
85 276
87 516
72 194
79 677
Living cost
27 185
27 185
27 185
27 185
Free-cash
58 091
60 331
45 009
52 492

Estimated living cost  is ₽27185 per week

₽16906
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2754
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽465
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7059
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽84852
₽74226
₽63075
₽55861
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
166 500
income
-
-
-
16 386
health
-
-
-
22 477
solidarity contribution
-
-
-
-
social contributions
-
-
-
34 779
total
-
-
-
73 642
Employee
43 799
-
125 434
-
social contributions
2 847
-
7 742
-
health
5 913
-
16 934
-
solidarity contribution
-
-
-
-
income
5 256
-
15 114
-
total
14 016
-
39 790
-
Employer
43 799
-
125 434
-
social contributions
10 950
-
29 777
-
health
3 942
-
11 289
-
total
14 892
-
41 066
-
Corporate
107 809
166 500
-
-
income
20 484
31 635
-
-
total
20 484
31 635
-
-
Dividends
87 325
134 865
-
-
withholding
13 099
20 230
-
-
total
13 099
20 230
-
-
Income
166 500
166 500
166 500
166 500
Total tax
62 491
51 865
80 856
73 642
After tax
104 009
114 635
85 644
92 858
Living cost
29 783
29 783
29 783
29 783
Free-cash
74 226
84 852
55 861
63 075

Estimated living cost  is ₽29783 per week

₽22149
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1650
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽515
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5469
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽60143
₽59645
₽53428
₽11861
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
chamber of commerce
-
-
-
666
income
-
-
-
43 191
pensions
-
-
-
21 811
unemployment
-
-
-
6 190
health
-
-
-
9 018
surtax
-
-
-
-
total
-
-
-
80 876
Employee
44 114
40 217
131 573
-
other
440
402
1 180
-
health
1 706
1 557
4 562
-
income
3 930
2 966
34 228
-
pensions
4 518
4 117
12 073
-
unemployment
1 323
1 207
3 537
-
total
11 917
10 249
55 580
-
Employer
44 114
40 217
131 573
-
accident
573
523
1 532
-
other
2 095
1 909
6 132
-
chamber of commerce
176
161
527
-
unemployment
1 323
1 207
3 537
-
surtax
-
-
-
-
pensions
5 537
5 048
14 796
-
payroll
1 323
1 207
3 947
-
health
1 668
1 521
4 456
-
total
12 695
11 576
34 927
-
Corporate
109 691
114 708
127 742
-
income

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

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

27 422
28 677
31 936
-
total
27 422
28 677
31 936
-
Dividends
82 269
86 032
-
-
withholding
22 625
23 659
-
-
total
22 625
23 659
-
-
Income
166 500
166 500
166 500
166 500
Total tax
74 659
74 161
122 443
80 876
After tax
91 841
92 339
44 057
85 624
Living cost
32 196
32 196
32 196
32 196
Free-cash
59 645
60 143
11 861
53 428

Estimated living cost  is ₽32196 per week

₽19314
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3288
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽575
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9020
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽144026
₽141374
₽150686
₽119051
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
17 686
-
166 500
-
income
3 537
-
33 300
-
total
3 537
-
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%.

148 814
166 500
-
-
total
-
-
-
-
Dividends
148 814
166 500
-
-
withholding
7 440
8 325
-
-
total
7 440
8 325
-
-
Income
166 500
166 500
166 500
166 500
Total tax
10 977
8 325
33 300
1 665
After tax
155 523
158 175
133 200
164 835
Living cost
14 149
14 149
14 149
14 149
Free-cash
141 374
144 026
119 051
150 686

Estimated living cost  is ₽14149 per week

₽9574
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽594
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.
₽3505
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽87568
₽79127
₽54821
₽50413
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

A sole-trader pays social contribution from 75% of the assessed income made in the last year.

The minimum monthly assessed income used to calculate contributions is 60% of the insured's average monthly wage in the last year.

The maximum assessed income used to calculate contributions is 3.5 times the insured's average monthly wage in the last year.

-
-
-
166 500
income
-
-
-
37 570
pensions
-
-
-
30 408
unemployment
-
-
-
249
health
-
-
-
16 384
total
-
-
-
84 611
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.

44 626
-
144 069
-
health
2 882
-
9 307
-
income
7 696
-
34 749
-
pensions
6 917
-
22 330
-
unemployment
63
-
201
-
total
17 558
-
66 587
-
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.

44 626
-
144 069
-
unemployment
27
-
86
-
pensions
3 949
-
12 751
-
health
2 972
-
9 595
-
total
6 948
-
22 432
-
Corporate
114 926
166 500
-
-
income
21 836
31 635
-
-
total
21 836
31 635
-
-
Dividends
93 091
134 865
-
-
withholding
13 963
20 229
-
-
total
13 963
20 229
-
-
Income
166 500
166 500
166 500
166 500
Total tax
60 305
51 864
89 019
84 611
After tax
106 195
114 636
77 481
81 889
Living cost
27 068
27 068
27 068
27 068
Free-cash
79 127
87 568
50 413
54 821

Estimated living cost  is ₽27068 per week

₽18576
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1735
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽525
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6234
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽57719
₽9678
₽71485
₽109633
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
166 500
income
-
-
-
32 454
social contributions
-
-
-
18 981
total
-
-
-
51 435
Employee
62 487
-
-
-
social contributions
5 124
-
730
-
income
13 783
-
-
-
total
18 907
-
730
-
Employer
62 487
-
-
-
social contributions
88 107
-
12 557
-
total
88 107
-
12 557
-
Corporate
15 906
166 500
-
-
income
3 499
36 630
-
-
total
3 499
36 630
-
-
Dividends
12 407
129 870
-
-
income
2 729
28 571
-
-
total
2 729
28 571
-
-
Income
166 500
166 500
166 500
166 500
Total tax
113 242
65 201
13 287
51 435
After tax
53 258
101 299
153 213
115 065
Living cost
43 580
43 580
43 580
43 580
Free-cash
9 678
57 719
109 633
71 485

Estimated living cost  is ₽43580 per week

₽28276
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4099
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽555
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10649
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽63051
₽62036
₽57951
₽45613
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

Based on articles 30.º, 31.º and 151.º of CIRS, sole-trader can use 75% of income as a tax base when earnings are below €200,000 per annum.

-
-
-
166 500
income
-
-
-
19 036
surtax
-
-
-
-
social contributions

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

-
-
-
57 859
total
-
-
-
76 895
Employee
46 414
-
134 545
-
social contributions
5 106
-
14 800
-
surtax
-
-
-
-
income
9 654
-
42 478
-
total
14 760
-
57 278
-
Employer
46 414
-
134 545
-
social contributions
11 023
-
31 955
-
total
11 023
-
31 955
-
Corporate
109 063
166 500
-
-
surtax
-
-
-
-
income
22 903
34 966
-
-
total
22 903
34 966
-
-
Dividends
86 160
131 534
-
-
withholding
24 124
36 829
-
-
total
24 124
36 829
-
-
Income
166 500
166 500
166 500
166 500
Total tax
72 810
71 795
89 233
76 895
After tax
93 690
94 705
77 267
89 605
Living cost
31 654
31 654
31 654
31 654
Free-cash
62 036
63 051
45 613
57 951

Estimated living cost  is ₽31654 per week

₽23684
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1867
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽529
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5575
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽35173
₽42110
₽45269
₽44006
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
166 500
income
-
-
-
25 133
pensions
-
-
-
30 762
other
-
-
-
5 161
health
-
-
-
6 689
surtax
-
-
-
-
social contributions
-
-
-
4 744
total
-
-
-
72 489
Employee
63 206
-
129 646
-
social contributions
1 800
-
3 694
-
surtax
-
-
-
-
income
5 515
-
24 514
-
pensions
7 149
-
8 689
-
total
14 464
-
36 897
-
Employer
63 206
-
129 646
-
other
2 181
-
4 919
-
social contributions
190
-
389
-
unemployment
2 560
-
5 251
-
pensions
10 386
-
14 686
-
health
4 424
-
11 610
-
total
19 741
-
36 855
-
Corporate
83 553
166 500
-
-
surtax
-
-
-
-
income
23 395
46 621
-
-
total
23 395
46 621
-
-
Dividends
60 158
119 879
-
-
surtax
-
-
-
-
social contributions
10 347
20 620
-
-
withholding
7 701
15 344
-
-
total
18 048
35 964
-
-
Income
166 500
166 500
166 500
166 500
Total tax
75 648
82 585
73 752
72 489
After tax
90 852
83 915
92 748
94 011
Living cost
48 742
48 742
48 742
48 742
Free-cash
42 110
35 173
44 006
45 269

Estimated living cost  is ₽48742 per week

₽32987
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3987
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽668
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽11098
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽119515
₽116125
₽92677
₽97101
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
166 500
income
-
-
-
6 858
social contributions
-
-
-
36 630
total
-
-
-
43 488
Employee
32 444
-
144 157
-
income
-
-
7 350
-
social contributions
2 109
-
9 371
-
total
2 109
-
16 721
-
Employer
32 444
-
144 157
-
social contributions
5 029
-
22 343
-
total
5 029
-
22 343
-
Corporate
129 027
166 500
-
-
income
12 902
16 650
-
-
total
12 902
16 650
-
-
Dividends
116 125
149 850
-
-
total
-
-
-
-
Income
166 500
166 500
166 500
166 500
Total tax
20 040
16 650
39 064
43 488
After tax
146 460
149 850
127 436
123 012
Living cost
30 335
30 335
30 335
30 335
Free-cash
116 125
119 515
97 101
92 677

Estimated living cost  is ₽30335 per week

₽19614
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2287
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽571
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7863
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽53471
-₽53471
₽50230
-₽53471
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
34 346
pensions
-
-
-
875
national
-
-
-
19 176
labour market
-
-
-
13 250
total
-
-
-
67 647
Employee
205 225
205 225
205 225
-
labour market
16 395
16 395
16 395
-
national
25 072
25 072
25 072
-
municipal
43 701
43 701
43 701
-
pensions
292
292
292
-
total
85 460
85 460
85 460
-
Employer
205 225
205 225
205 225
-
labour market
16 418
16 418
16 418
-
municipal
43 771
43 771
43 771
-
pensions
583
583
583
-
national
25 116
25 116
25 116
-
total
85 888
85 888
85 888
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
166 500
166 500
166 500
166 500
Total tax
171 348
171 348
171 348
67 647
After tax
-4 848
-4 848
-4 848
98 853
Living cost
48 623
48 623
48 623
48 623
Free-cash
-53 471
-53 471
-53 471
50 230

Estimated living cost  is ₽48623 per week

₽33278
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4301
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽748
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10296
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽8257
₽10152
₽92113
₽68337
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
166 500
accident
-
-
-
253
income
-
-
-
45 657
pensions
-
-
-
4 174
other
-
-
-
372
health
-
-
-
2 188
total
-
-
-
52 644
Employee
34 203
-
149 297
-
health
3 917
-
17 095
-
income
4 692
-
34 469
-
pensions
3 852
-
7 653
-
total
12 461
-
59 217
-
Employer
34 203
-
149 297
-
accident
571
-
2 493
-
unemployment
838
-
3 658
-
pensions
5 561
-
11 052
-
total
6 970
-
17 203
-
Corporate
125 326
166 500
-
-
income

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

112 793
149 850
-
-
total
112 793
149 850
-
-
Dividends
12 533
16 650
-
-
withholding
2 381
3 164
-
-
total
2 381
3 164
-
-
Income
166 500
166 500
166 500
166 500
Total tax
134 605
153 014
76 420
52 644
After tax
31 895
13 486
90 080
113 856
Living cost
21 743
21 743
21 743
21 743
Free-cash
10 152
-8 257
68 337
92 113

Estimated living cost  is ₽21743 per week

₽15827
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1239
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽408
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4269
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽66286
₽68552
₽70283
₽49315
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
29 584
health
-
-
-
2 143
national
-
-
-
25 745
total
-
-
-
57 472
Employee
53 094
-
140 070
-
health
396
-
1 735
-
municipal
8 696
-
22 820
-
pensions
3 583
-
9 455
-
unemployment
797
-
2 101
-
national
877
-
15 899
-
total
14 349
-
52 010
-
Employer
53 094
-
140 070
-
accident
54
-
140
-
unemployment
345
-
910
-
pensions
9 212
-
24 302
-
health
408
-
1 078
-
total
10 019
-
26 430
-
Corporate
103 388
166 500
-
-
income
20 677
33 300
-
-
total
20 677
33 300
-
-
Dividends

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

62 033
99 900
-
-
national
2 991
10 186
-
-
municipal
11 167
17 983
-
-
total
14 158
28 169
-
-
Income
166 500
166 500
166 500
166 500
Total tax
59 203
61 469
78 440
57 472
After tax
107 297
105 031
88 060
109 028
Living cost
38 745
38 745
38 745
38 745
Free-cash
68 552
66 286
49 315
70 283

Estimated living cost  is ₽38745 per week

₽25308
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3727
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽617
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9095
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽98138
₽92644
₽91002
₽89507
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
166 500
income
-
-
-
31 559
health
-
-
-
4 246
social contributions
-
-
-
16 328
total
-
-
-
52 133
Employee
77 600
77 600
154 946
-
social contributions
2 934
6 440
8 687
-
health
601
1 319
2 633
-
income
8 449
7 183
30 754
-
total
11 984
14 942
42 074
-
Employer
77 600
77 600
154 946
-
social contributions
2 934
6 440
8 687
-
health
653
1 436
2 867
-
total
3 587
7 876
11 554
-
Corporate
127 563
81 023
-
-
income
15 945
10 127
-
-
total
15 945
10 127
-
-
Dividends
111 618
70 896
-
-
withholding
18 975
12 052
-
-
total
18 975
12 052
-
-
Income
166 500
166 500
166 500
166 500
Total tax
50 491
44 997
53 628
52 133
After tax
116 009
121 503
112 872
114 367
Living cost
23 365
23 365
23 365
23 365
Free-cash
92 644
98 138
89 507
91 002

Estimated living cost  is ₽23365 per week

₽14003
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2292
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽517
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6553
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽121856
₽116720
₽123530
₽103288
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

By law (Article 9 §1 (7); Article 10 §1 (7); Article 11 §1 (5)) a social contribution base is set as:

  • up to €9,000.00, 60% of the average monthly wage in Montenegro
  • up to €15,000.00, 100% of the average monthly wage in Montenegro
  • in excess of €15,000, 150% of the average monthly wage in Montenegro
-
-
-
166 500
income
-
-
-
16 847
pensions
-
-
-
6 419
unemployment
-
-
-
29
health
-
-
-
3 652
total
-
-
-
26 947
Employee

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

23 164
-
156 637
-
health
1 969
-
8 139
-
income
1 584
-
14 346
-
pensions
3 474
-
14 363
-
unemployment
115
-
479
-
total
7 142
-
37 327
-
Employer

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

23 164
-
156 637
-
unemployment
115
-
479
-
pensions
1 274
-
5 266
-
health
996
-
4 117
-
total
2 385
-
9 862
-
Corporate
140 952
166 500
-
-
income
12 686
14 986
-
-
total
12 686
14 986
-
-
Dividends
128 266
151 514
-
-
withholding
11 544
13 635
-
-
total
11 544
13 635
-
-
Income
166 500
166 500
166 500
166 500
Total tax
33 757
28 621
47 189
26 947
After tax
132 743
137 879
119 311
139 553
Living cost
16 023
16 023
16 023
16 023
Free-cash
116 720
121 856
103 288
123 530

Estimated living cost  is ₽16023 per week

₽10223
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1155
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽477
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4167
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽83368
₽78912
₽65814
₽61579
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
166 500
accident
-
-
-
843
income
-
-
-
44 873
pensions
-
-
-
26 470
other
-
-
-
94
unemployment
-
-
-
655
total
-
-
-
72 935
Employee
37 315
-
136 680
-
other
36
-
94
-
income
7 194
-
41 409
-
pensions
1 754
-
4 397
-
unemployment
578
-
1 450
-
total
9 562
-
47 350
-
Employer
37 315
-
136 680
-
accident
739
-
1 852
-
other
299
-
749
-
unemployment
2 053
-
5 144
-
pensions
8 806
-
22 075
-
total
11 897
-
29 820
-
Corporate
117 289
166 500
-
-
income

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

17 594
24 975
-
-
total
17 594
24 975
-
-
Dividends
99 695
141 525
-
-
withholding
20 784
30 406
-
-
total
20 784
30 406
-
-
Income
166 500
166 500
166 500
166 500
Total tax
59 837
55 381
77 170
72 935
After tax
106 663
111 119
89 330
93 565
Living cost
27 751
27 751
27 751
27 751
Free-cash
78 912
83 368
61 579
65 814

Estimated living cost  is ₽27751 per week

₽18731
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2668
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.
₽5866
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽101140
₽100686
₽103851
₽103653
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
166 500
income
-
-
-
56 426
pensions
-
-
-
2 010
health
-
-
-
1 457
total
-
-
-
59 893
Employee
4 198
-
164 238
-
health
210
-
503
-
income
812
-
56 320
-
pensions
378
-
905
-
unemployment
42
-
101
-
total
1 442
-
57 829
-
Employer
4 198
-
164 238
-
unemployment
84
-
201
-
pensions
462
-
1 106
-
health
399
-
955
-
total
945
-
2 262
-
Corporate
161 358
166 500
-
-
income
35 499
36 630
-
-
total
35 499
36 630
-
-
Dividends
125 859
129 870
-
-
withholding
25 172
25 974
-
-
total
25 172
25 974
-
-
Income
166 500
166 500
166 500
166 500
Total tax
63 058
62 604
60 091
59 893
After tax
103 442
103 896
106 409
106 607
Living cost
2 756
2 756
2 756
2 756
Free-cash
100 686
101 140
103 653
103 851

Estimated living cost  is ₽2756 per week

₽1638
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽223
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽63
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽832
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽102843
₽97879
₽83445
₽83446
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

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

-
-
-
166 500
income
-
-
-
37 409
pensions
-
-
-
19 392
unemployment
-
-
-
1 119
health
-
-
-
7 682
total
-
-
-
65 602
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.

26 319
-
153 149
-
health
1 355
-
3 841
-
income
3 628
-
37 409
-
pensions
3 685
-
10 442
-
unemployment
197
-
559
-
total
8 865
-
52 251
-
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.

26 319
-
153 149
-
unemployment
197
-
559
-
pensions
3 158
-
8 950
-
health
1 355
-
3 841
-
total
4 710
-
13 350
-
Corporate
135 470
166 500
-
-
income
20 321
24 975
-
-
total
20 321
24 975
-
-
Dividends
115 150
141 525
-
-
withholding
17 272
21 229
-
-
total
17 272
21 229
-
-
Income
166 500
166 500
166 500
166 500
Total tax
51 168
46 204
65 601
65 602
After tax
115 332
120 296
100 899
100 898
Living cost
17 453
17 453
17 453
17 453
Free-cash
97 879
102 843
83 446
83 445

Estimated living cost  is ₽17453 per week

₽11751
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1350
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽505
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3847
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽67499
₽67135
₽62399
₽50061
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

Based on articles 30.º, 31.º and 151.º of CIRS, sole-trader can use 75% of income as a tax base when earnings are below €200,000 per annum.

-
-
-
166 500
income
-
-
-
19 036
surtax
-
-
-
-
social contributions

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

-
-
-
57 859
total
-
-
-
76 895
Employee
39 168
-
134 545
-
social contributions
4 309
-
14 800
-
surtax
-
-
-
-
income
7 653
-
42 478
-
total
11 962
-
57 278
-
Employer
39 168
-
134 545
-
social contributions
9 302
-
31 955
-
total
9 302
-
31 955
-
Corporate
118 030
166 500
-
-
surtax
-
-
-
-
income
24 787
34 966
-
-
total
24 787
34 966
-
-
Dividends
93 243
131 534
-
-
withholding
26 108
36 829
-
-
total
26 108
36 829
-
-
Income
166 500
166 500
166 500
166 500
Total tax
72 159
71 795
89 233
76 895
After tax
94 341
94 705
77 267
89 605
Living cost
27 206
27 206
27 206
27 206
Free-cash
67 135
67 499
50 061
62 399

Estimated living cost  is ₽27206 per week

₽19270
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1890
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽483
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5565
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽75652
₽68870
₽58098
₽53863
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
166 500
accident
-
-
-
843
income
-
-
-
44 873
pensions
-
-
-
26 470
other
-
-
-
94
unemployment
-
-
-
655
total
-
-
-
72 935
Employee
48 738
-
136 680
-
other
48
-
94
-
income
10 180
-
41 409
-
pensions
2 290
-
4 397
-
unemployment
755
-
1 450
-
total
13 273
-
47 350
-
Employer
48 738
-
136 680
-
accident
965
-
1 852
-
other
391
-
749
-
unemployment
2 681
-
5 144
-
pensions
11 502
-
22 075
-
total
15 539
-
29 820
-
Corporate
102 223
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.

15 334
24 975
-
-
total
15 334
24 975
-
-
Dividends
86 889
141 525
-
-
withholding
18 017
30 406
-
-
total
18 017
30 406
-
-
Income
166 500
166 500
166 500
166 500
Total tax
62 163
55 381
77 170
72 935
After tax
104 337
111 119
89 330
93 565
Living cost
35 467
35 467
35 467
35 467
Free-cash
68 870
75 652
53 863
58 098

Estimated living cost  is ₽35467 per week

₽25471
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2758
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽500
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6739
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽124988
₽118833
₽114738
₽121144
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
166 500
income
-
-
-
24 975
pensions

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

-
-
-
5 220
unemployment
-
-
-
141
health
-
-
-
4 056
total
-
-
-
34 392
Employee
23 001
-
159 580
-
health
1 058
-
1 622
-
accident

We are using the highest rate at 1.1%.

253
-
388
-
income
2 300
-
15 958
-
pensions

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

2 019
-
3 097
-
total
5 630
-
21 065
-
Employer
23 001
-
159 580
-
accident

We are using the highest rate at 1.1%.

253
-
388
-
unemployment
138
-
212
-
pensions

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

2 535
-
3 887
-
health
1 587
-
2 434
-
total
4 513
-
6 921
-
Corporate
138 986
166 500
-
-
income
13 899
16 650
-
-
total
13 899
16 650
-
-
Dividends
125 087
149 850
-
-
withholding
6 255
7 492
-
-
total
6 255
7 492
-
-
Income
166 500
166 500
166 500
166 500
Total tax
30 297
24 142
27 986
34 392
After tax
136 203
142 358
138 514
132 108
Living cost
17 370
17 370
17 370
17 370
Free-cash
118 833
124 988
121 144
114 738

Estimated living cost  is ₽17370 per week

₽11489
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽994
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽414
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4474
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽46747
₽59947
₽50507
₽67666
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
trade
-
-
-
17 159
income

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

-
-
-
50 217
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.

-
-
-
6 894
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.

-
-
-
2 762
total
-
-
-
77 032
Employee

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

50 212
-
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.

6 894
-
6 894
-
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.

228
-
2 762
-
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.

4 129
-
50 217
-
total
11 251
-
59 873
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
116 288
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.

959
1 373
-
-
income
17 443
24 975
-
-
trade
16 688
23 893
-
-
chamber of commerce
324
396
-
-
total
35 414
50 637
-
-
Dividends
80 874
115 863
-
-
surtax

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

1 092
1 572
-
-
withholding
19 835
28 583
-
-
total
20 927
30 155
-
-
Income
166 500
166 500
166 500
166 500
Total tax
67 592
80 792
59 873
77 032
After tax
98 908
85 708
106 627
89 468
Living cost
38 961
38 961
38 961
38 961
Free-cash
59 947
46 747
67 666
50 507

Estimated living cost  is ₽38961 per week

₽26876
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4192
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽565
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7327
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽59062
₽61291
₽31576
₽31576
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
49 919
social contributions
-
-
-
27 518
total
-
-
-
77 437
Employee
78 939
-
166 500
-
income
14 896
-
49 919
-
social contributions
6 558
-
27 518
-
total
21 454
-
77 437
-
Employer
78 939
-
166 500
-
total
-
-
-
-
Corporate
87 561
166 500
-
-
income
10 945
20 813
-
-
total
10 945
20 813
-
-
Dividends
76 616
145 687
-
-
withholding
15 323
29 138
-
-
total
15 323
29 138
-
-
Income
166 500
166 500
166 500
166 500
Total tax
47 722
49 951
77 437
77 437
After tax
118 778
116 549
89 063
89 063
Living cost
57 487
57 487
57 487
57 487
Free-cash
61 291
59 062
31 576
31 576

Estimated living cost  is ₽57487 per week

₽43735
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4684
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽550
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8518
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽66261
₽69787
₽94400
₽82438
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

We use The Residence Programme or The Global Residence Programme.

-
-
-
166 500
income
-
-
-
28 726
health

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

-
-
-
6 741
total
-
-
-
35 467
Employee
46 295
-
161 858
-
income
5 023
-
38 145
-
social contributions
4 638
-
4 642
-
total
9 661
-
42 787
-
Employer
46 295
-
161 858
-
social contributions
4 638
-
4 642
-
total
4 638
-
4 642
-
Corporate
115 567
166 500
-
-
income
40 449
58 274
-
-
total
40 449
58 274
-
-
Dividends
75 118
108 226
-
-
social contributions
5 332
5 332
-
-
total
5 332
5 332
-
-
Income
166 500
166 500
166 500
166 500
Total tax
60 080
63 606
47 429
35 467
After tax
106 420
102 894
119 071
131 033
Living cost
36 633
36 633
36 633
36 633
Free-cash
69 787
66 261
82 438
94 400

Estimated living cost  is ₽36633 per week

₽24130
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2888
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.
₽9053
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽72653
₽78648
₽73688
₽58553
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
166 500
income
-
-
-
46 324
pensions
-
-
-
8 873
total
-
-
-
55 197
Employee
51 632
-
145 558
-
health
674
-
2 157
-
income
9 403
-
36 232
-
pensions
3 941
-
11 002
-
total
14 018
-
49 391
-
Employer
51 632
-
145 558
-
pensions
5 217
-
18 176
-
health
981
-
2 765
-
total
6 198
-
20 941
-
Corporate
108 670
166 500
-
-
income

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

20 648
31 636
-
-
total
20 648
31 636
-
-
Dividends
88 022
134 864
-
-
withholding
9 373
24 596
-
-
total
9 373
24 596
-
-
Income
166 500
166 500
166 500
166 500
Total tax
50 237
56 232
70 332
55 197
After tax
116 263
110 268
96 168
111 303
Living cost
37 615
37 615
37 615
37 615
Free-cash
78 648
72 653
58 553
73 688

Estimated living cost  is ₽37615 per week

₽25804
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3459
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽471
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7879
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽10410
₽9819
₽89960
₽66184
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
166 500
accident
-
-
-
253
income
-
-
-
45 657
pensions
-
-
-
4 174
other
-
-
-
372
health
-
-
-
2 188
total
-
-
-
52 644
Employee
37 589
-
149 297
-
health
4 304
-
17 095
-
income
5 157
-
34 469
-
pensions
4 233
-
7 653
-
total
13 694
-
59 217
-
Employer
37 589
-
149 297
-
accident
628
-
2 493
-
unemployment
921
-
3 658
-
pensions
6 112
-
11 052
-
total
7 661
-
17 203
-
Corporate
121 251
166 500
-
-
income

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

109 126
149 850
-
-
total
109 126
149 850
-
-
Dividends
12 125
16 650
-
-
withholding
2 304
3 164
-
-
total
2 304
3 164
-
-
Income
166 500
166 500
166 500
166 500
Total tax
132 785
153 014
76 420
52 644
After tax
33 715
13 486
90 080
113 856
Living cost
23 896
23 896
23 896
23 896
Free-cash
9 819
-10 410
66 184
89 960

Estimated living cost  is ₽23896 per week

₽17537
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1392
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽481
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4485
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽126479
₽121757
₽81206
₽103398
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
work injury
-
-
-
807
health insurance
-
-
-
11 943
income
-
-
-
27 281
pensions
-
-
-
29 695
unemployment
-
-
-
1 937
total
-
-
-
71 663
Employee

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

21 810
-
166 500
-
work injury
109
-
403
-
income
2 181
-
27 281
-
pensions
4 013
-
14 848
-
health insurance
1 614
-
5 971
-
unemployment
262
-
968
-
total
8 179
-
49 471
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
144 690
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%.

1 447
1 665
-
-
total
1 447
1 665
-
-
Dividends
143 243
164 835
-
-
withholding
21 486
24 725
-
-
total
21 486
24 725
-
-
Income
166 500
166 500
166 500
166 500
Total tax
31 112
26 390
49 471
71 663
After tax
135 388
140 110
117 029
94 837
Living cost
13 631
13 631
13 631
13 631
Free-cash
121 757
126 479
103 398
81 206

Estimated living cost  is ₽13631 per week

₽8445
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽991
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽425
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3771
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽47497
₽42907
₽38061
₽30748
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
regional
-
-
-
3 800
national
-
-
-
40 500
social contributions
-
-
-
42 823
total
-
-
-
88 236
Employee
85 039
-
166 500
-
social contributions
28 675
-
56 145
-
regional
1 284
-
3 372
-
municipal
507
-
994
-
national
14 371
-
35 038
-
total
44 837
-
95 549
-
Employer
85 039
-
166 500
-
total
-
-
-
-
Corporate
81 461
166 500
-
-
nationa
19 551
39 960
-
-
municipal
3 926
8 026
-
-
total
23 477
47 986
-
-
Dividends
57 984
118 514
-
-
withholding
15 076
30 814
-
-
total
15 076
30 814
-
-
Income
166 500
166 500
166 500
166 500
Total tax
83 390
78 800
95 549
88 236
After tax
83 110
87 700
70 951
78 264
Living cost
40 203
40 203
40 203
40 203
Free-cash
42 907
47 497
30 748
38 061

Estimated living cost  is ₽40203 per week

₽28240
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2765
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽607
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8589
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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

Close
[[ place.name ]], [[ place.country ]]

[[ row[2] ]] [[ row[0] ]]

Estimated living cost

Adjust living cost [[ detailsButtonText ]] Source

Additional information

Source

[[ $tc('message.data_source', {city: place.name}) ]] [[ place.name ]]

Close

[[ row[2] ]] [[ row[0] ]]

Estimated living cost

Adjust living cost [[ detailsButtonText ]] Source

Additional information

Source

[[ $tc('message.data_source', {city: place.name}) ]] [[ place.name ]]

Close