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
₽ 167000
per

Your estimated
City
free-cash

Dresden , Germany
₽53679
₽64843
₽57425
₽76337
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
167 000
trade
-
-
-
18 912
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.

-
-
-
50 429
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.

-
-
-
2 773
total
-
-
-
79 008
Employee

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

38 599
-
167 000
-
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
-
2 773
-
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
-
50 429
-
total
8 031
-
60 096
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
128 401
167 000
-
-
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.

1 059
1 377
-
-
income
19 260
25 050
-
-
trade
20 224
26 302
-
-
chamber of commerce
337
393
-
-
total
40 880
53 122
-
-
Dividends
87 521
113 879
-
-
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.

1 182
1 545
-
-
withholding
21 497
28 087
-
-
total
22 679
29 632
-
-
Income
167 000
167 000
167 000
167 000
Total tax
71 590
82 754
60 096
79 008
After tax
95 410
84 246
106 904
87 992
Living cost
30 567
30 567
30 567
30 567
Free-cash
64 843
53 679
76 337
57 425

Estimated living cost  is ₽30567 per week

₽19228
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
₽53214
₽52366
₽47711
₽49021
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
167 000
municipal
-
-
-
18 223
pensions
-
-
-
20 040
national
-
-
-
28 237
social contributions
-
-
-
1 795
total
-
-
-
68 295
Employee
79 050
-
144 370
-
municipal
9 764
-
18 869
-
pensions
3 162
-
5 775
-
national
15 130
-
29 239
-
total
28 056
-
53 883
-
Employer
79 050
-
144 370
-
social contributions
850
-
1 552
-
pensions
6 324
-
11 550
-
total
7 174
-
13 102
-
Corporate
75 559
167 000
-
-
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%.

15 112
33 400
-
-
total
15 112
33 400
-
-
Dividends
60 447
133 600
-
-
withholding
13 298
29 392
-
-
total
13 298
29 392
-
-
Income
167 000
167 000
167 000
167 000
Total tax
63 640
62 792
66 985
68 295
After tax
103 360
104 208
100 015
98 705
Living cost
50 994
50 994
50 994
50 994
Free-cash
52 366
53 214
49 021
47 711

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
₽112605
₽104327
₽35711
₽47684
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
167 000
microenterprise
-
-
-
-
income
-
-
-
29 044
surtax
-
-
-
42 584
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
-
-
-
110 294
Employee
29 489
-
124 349
-
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
-
13 230
-
surtax
-
-
18 031
-
income
5 249
-
24 408
-
total
8 493
-
55 669
-
Employer
29 489
-
124 349
-
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
-
28 974
-
surtax
-
-
13 678
-
total
7 103
-
42 652
-
Corporate
130 408
167 000
-
-
income

Corporate income tax rate is 20% applicable to the taxable base. However, before applying the statutory rate, the taxable base should be divided by a coefficient of 0.8. As taxable base is increased by the coefficient, the effective corporate income tax rate is 25%.

26 082
33 400
-
-
total
26 082
33 400
-
-
Dividends

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

104 326
133 600
-
-
total
-
-
-
-
Income
167 000
167 000
167 000
167 000
Total tax
41 678
33 400
98 321
110 294
After tax
125 322
133 600
68 679
56 706
Living cost
20 995
20 995
20 995
20 995
Free-cash
104 327
112 605
47 684
35 711

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
₽40245
₽34062
₽50671
₽60894
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
167 000
income
-
-
-
49 785
pensions
-
-
-
11 824
health
-
-
-
12 444
total
-
-
-
74 053
Employee
86 180
86 180
148 245
-
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
20 807
-
pensions
15 512
11 824
11 824
-
total
42 846
37 181
45 075
-
Employer
86 180
86 180
148 245
-
unemployment
3 102
3 102
3 855
-
pensions
5 998
5 998
7 456
-
health
5 990
5 990
7 444
-
total
15 090
15 090
18 755
-
Corporate
66 786
65 729
-
-
income
13 358
13 145
-
-
total
13 358
13 145
-
-
Dividends
53 428
52 583
-
-
income
11 353
11 175
-
-
withholding
8 015
7 888
-
-
total
19 368
19 063
-
-
Income
167 000
167 000
167 000
167 000
Total tax
90 662
84 479
63 830
74 053
After tax
76 338
82 521
103 170
92 947
Living cost
42 276
42 276
42 276
42 276
Free-cash
34 062
40 245
60 894
50 671

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
₽52190
₽51315
₽47078
₽46131
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
167 000
municipal
-
-
-
42 417
accident
-
-
-
171
pensions
-
-
-
9 238
other
-
-
-
9 930
unemployment
-
-
-
86
health
-
-
-
5 332
national
-
-
-
13 756
total
-
-
-
80 930
Employee
55 560
-
140 150
-
municipal
16 568
-
41 793
-
national
-
-
13 233
-
total
16 568
-
55 026
-
Employer
55 560
-
140 150
-
accident
111
-
171
-
other
6 456
-
9 930
-
unemployment
1 467
-
2 256
-
pensions
6 006
-
9 238
-
health
3 417
-
5 256
-
total
17 457
-
26 851
-
Corporate
93 983
167 000
-
-
income
20 676
36 740
-
-
total
20 676
36 740
-
-
Dividends
73 307
130 260
-
-
withholding
21 992
39 078
-
-
total
21 992
39 078
-
-
Income
167 000
167 000
167 000
167 000
Total tax
76 693
75 818
81 877
80 930
After tax
90 307
91 182
85 123
86 070
Living cost
38 992
38 992
38 992
38 992
Free-cash
51 315
52 190
46 131
47 078

Estimated living cost  is ₽38992 per week

₽25842
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
₽43743
₽57922
₽47507
₽67259
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
167 000
trade
-
-
-
19 752
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.

-
-
-
50 429
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.

-
-
-
2 773
total
-
-
-
79 848
Employee

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

51 178
-
167 000
-
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
-
2 773
-
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
-
50 429
-
total
11 532
-
60 096
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
115 822
167 000
-
-
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.

956
1 377
-
-
income
17 374
25 050
-
-
trade
19 053
27 472
-
-
chamber of commerce
318
391
-
-
total
37 701
54 290
-
-
Dividends
78 121
112 710
-
-
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.

1 053
1 528
-
-
withholding
19 147
27 794
-
-
total
20 200
29 322
-
-
Income
167 000
167 000
167 000
167 000
Total tax
69 433
83 612
60 096
79 848
After tax
97 567
83 388
106 904
87 152
Living cost
39 645
39 645
39 645
39 645
Free-cash
57 922
43 743
67 259
47 507

Estimated living cost  is ₽39645 per week

₽26515
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.
₽8358
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽89129
₽84944
₽81950
₽80452
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
167 000
income
-
-
-
31 730
health
-
-
-
4 259
social contributions
-
-
-
16 328
total
-
-
-
52 317
Employee
77 601
77 601
155 437
-
social contributions
3 771
6 441
8 687
-
health
772
1 320
2 643
-
income
8 149
7 184
30 921
-
total
12 692
14 945
42 251
-
Employer
77 601
77 601
155 437
-
social contributions
3 771
6 441
8 687
-
health
841
1 436
2 877
-
total
4 612
7 877
11 564
-
Corporate
116 964
81 522
-
-
income
14 620
10 190
-
-
total
14 620
10 190
-
-
Dividends
102 344
71 332
-
-
withholding
17 399
12 126
-
-
total
17 399
12 126
-
-
Income
167 000
167 000
167 000
167 000
Total tax
49 323
45 138
53 815
52 317
After tax
117 677
121 862
113 185
114 683
Living cost
32 733
32 733
32 733
32 733
Free-cash
84 944
89 129
80 452
81 950

Estimated living cost  is ₽32733 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
₽75499
₽75881
₽97353
₽78476
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
167 000
income
-
-
-
20 416
pensions
-
-
-
16 700
unemployment
-
-
-
2 505
health
-
-
-
11 690
total
-
-
-
51 311
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.

26 469
10 534
139 749
-
health
1 853
737
9 782
-
income
3 236
1 288
17 084
-
pensions
2 647
1 053
13 975
-
unemployment
397
158
2 096
-
total
8 133
3 236
42 937
-
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.

26 469
10 534
139 749
-
pensions
5 161
2 054
27 251
-
total
5 161
2 054
27 251
-
Corporate
135 370
154 412
-
-
income
12 183
13 897
-
-
total
12 183
13 897
-
-
Dividends
123 187
140 515
-
-
social contributions
23 901
27 280
-
-
withholding
23 405
26 698
-
-
total
47 306
53 978
-
-
Income
167 000
167 000
167 000
167 000
Total tax
72 783
73 165
70 188
51 311
After tax
94 217
93 835
96 812
115 689
Living cost
18 336
18 336
18 336
18 336
Free-cash
75 881
75 499
78 476
97 353

Estimated living cost  is ₽18336 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
₽109225
₽102955
₽65137
₽71883
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
167 000
income
-
-
-
22 378
pensions
-
-
-
33 400
health
-
-
-
21 710
total
-
-
-
77 488
Employee
28 629
-
124 812
-
income
3 223
-
24 063
-
pensions
573
-
2 495
-
unemployment
458
-
1 997
-
total
4 254
-
28 555
-
Employer
28 629
-
124 812
-
unemployment
230
-
998
-
pensions
5 726
-
24 964
-
health
3 721
-
16 225
-
total
9 677
-
42 187
-
Corporate
128 694
167 000
-
-
income
25 739
33 400
-
-
total
25 739
33 400
-
-
Dividends
102 955
133 600
-
-
total
-
-
-
-
Income
167 000
167 000
167 000
167 000
Total tax
39 670
33 400
70 742
77 488
After tax
127 330
133 600
96 258
89 512
Living cost
24 375
24 375
24 375
24 375
Free-cash
102 955
109 225
71 883
65 137

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
-₽8545
₽10141
₽92125
₽68297
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
167 000
accident
-
-
-
253
income
-
-
-
45 816
pensions
-
-
-
4 174
other
-
-
-
372
health
-
-
-
2 188
total
-
-
-
52 803
Employee
34 721
-
149 776
-
health
3 975
-
17 150
-
income
4 763
-
34 603
-
pensions
3 910
-
7 654
-
total
12 648
-
59 407
-
Employer
34 721
-
149 776
-
accident
580
-
2 501
-
unemployment
851
-
3 670
-
pensions
5 646
-
11 053
-
total
7 077
-
17 224
-
Corporate
125 203
167 000
-
-
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.

112 683
150 300
-
-
total
112 683
150 300
-
-
Dividends
12 520
16 700
-
-
withholding
2 379
3 173
-
-
total
2 379
3 173
-
-
Income
167 000
167 000
167 000
167 000
Total tax
134 787
153 473
76 631
52 803
After tax
32 213
13 527
90 369
114 197
Living cost
22 072
22 072
22 072
22 072
Free-cash
10 141
-8 545
68 297
92 125

Estimated living cost  is ₽22072 per week

₽16177
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.
₽4212
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽149570
₽147867
₽156250
₽124520
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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%.

-
-
-
167 000
microenterprise

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

-
-
-
1 670
total
-
-
-
1 670
Employee
11 349
-
167 000
-
income
2 270
-
33 400
-
total
2 270
-
33 400
-
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%.

155 651
167 000
-
-
total
-
-
-
-
Dividends
155 651
167 000
-
-
withholding
7 783
8 350
-
-
total
7 783
8 350
-
-
Income
167 000
167 000
167 000
167 000
Total tax
10 053
8 350
33 400
1 670
After tax
156 947
158 650
133 600
165 330
Living cost
9 080
9 080
9 080
9 080
Free-cash
147 867
149 570
124 520
156 250

Estimated living cost  is ₽9080 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
₽95804
₽88989
₽64475
₽68021
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
167 000
income
-
-
-
24 761
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
-
-
-
75 634
Employee
36 642
-
133 386
-
health
513
-
1 867
-
income
6 308
-
25 942
-
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
-
9 336
-
unemployment
366
-
1 333
-
total
9 751
-
38 478
-
Employer
36 642
-
133 386
-
accident
293
-
1 067
-
other
1 833
-
6 668
-
unemployment
366
-
1 333
-
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
-
22 675
-
health
513
-
1 867
-
total
9 235
-
33 610
-
Corporate
121 123
167 000
-
-
income
25 437
35 070
-
-
total
25 437
35 070
-
-
Dividends
95 686
131 930
-
-
withholding
6 697
9 235
-
-
total
6 697
9 235
-
-
Income
167 000
167 000
167 000
167 000
Total tax
51 120
44 305
72 088
75 634
After tax
115 880
122 695
94 912
91 366
Living cost
26 891
26 891
26 891
26 891
Free-cash
88 989
95 804
68 021
64 475

Estimated living cost  is ₽26891 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
₽42817
₽43490
₽43870
₽28693
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
167 000
income
-
-
-
46 520
pensions
-
-
-
8 884
total
-
-
-
55 404
Employee
95 822
-
145 989
-
health
1 579
-
2 161
-
income
17 273
-
36 399
-
pensions
9 244
-
11 011
-
total
28 096
-
49 571
-
Employer
95 822
-
145 989
-
pensions
11 314
-
18 236
-
health
1 820
-
2 774
-
total
13 134
-
21 010
-
Corporate
58 044
167 000
-
-
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.

11 028
31 729
-
-
total
11 028
31 729
-
-
Dividends
47 015
135 271
-
-
withholding
3 526
24 728
-
-
total
3 526
24 728
-
-
Income
167 000
167 000
167 000
167 000
Total tax
55 784
56 457
70 581
55 404
After tax
111 216
110 543
96 419
111 596
Living cost
67 726
67 726
67 726
67 726
Free-cash
43 490
42 817
28 693
43 870

Estimated living cost  is ₽67726 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
₽129546
₽124857
₽119294
₽125725
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
167 000
income
-
-
-
25 050
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
-
-
-
34 467
Employee
17 531
-
160 080
-
health
806
-
1 622
-
accident

We are using the highest rate at 1.1%.

193
-
388
-
income
1 753
-
16 008
-
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
-
21 115
-
Employer
17 531
-
160 080
-
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
146 029
167 000
-
-
income
14 602
16 700
-
-
total
14 602
16 700
-
-
Dividends
131 427
150 300
-
-
withholding
6 571
7 515
-
-
total
6 571
7 515
-
-
Income
167 000
167 000
167 000
167 000
Total tax
28 904
24 215
28 036
34 467
After tax
138 096
142 785
138 964
132 533
Living cost
13 239
13 239
13 239
13 239
Free-cash
124 857
129 546
125 725
119 294

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
₽26560
₽29097
₽36986
₽47209
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
167 000
income
-
-
-
49 785
pensions
-
-
-
11 824
health
-
-
-
12 444
total
-
-
-
74 053
Employee
93 564
86 180
148 245
-
health
11 673
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
20 807
-
pensions
11 824
11 824
11 824
-
total
37 603
37 181
45 075
-
Employer
93 564
86 180
148 245
-
unemployment
3 369
3 102
3 855
-
pensions
6 511
5 998
7 456
-
health
6 502
5 990
7 444
-
total
16 382
15 090
18 755
-
Corporate
57 054
65 729
-
-
income
11 410
13 145
-
-
total
11 410
13 145
-
-
Dividends
45 644
52 583
-
-
income
9 700
11 175
-
-
withholding
6 847
7 888
-
-
total
16 547
19 063
-
-
Income
167 000
167 000
167 000
167 000
Total tax
81 942
84 479
63 830
74 053
After tax
85 058
82 521
103 170
92 947
Living cost
55 961
55 961
55 961
55 961
Free-cash
29 097
26 560
47 209
36 986

Estimated living cost  is ₽55961 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
₽90809
₽82187
₽69052
₽61811
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
167 000
income
-
-
-
16 451
health
-
-
-
22 545
solidarity contribution
-
-
-
-
social contributions
-
-
-
34 781
total
-
-
-
73 777
Employee
35 546
-
125 891
-
social contributions
2 310
-
7 742
-
health
4 799
-
16 995
-
solidarity contribution
-
-
-
-
income
4 265
-
15 173
-
total
11 374
-
39 910
-
Employer
35 546
-
125 891
-
social contributions
8 886
-
29 778
-
health
3 199
-
11 330
-
total
12 085
-
41 108
-
Corporate
119 369
167 000
-
-
income
22 680
31 730
-
-
total
22 680
31 730
-
-
Dividends
96 689
135 270
-
-
withholding
14 503
20 290
-
-
total
14 503
20 290
-
-
Income
167 000
167 000
167 000
167 000
Total tax
60 642
52 020
81 018
73 777
After tax
106 358
114 980
85 982
93 223
Living cost
24 171
24 171
24 171
24 171
Free-cash
82 187
90 809
61 811
69 052

Estimated living cost  is ₽24171 per week

₽16789
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1720
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.
₽5187
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽46518
₽41249
₽37860
₽30316
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
167 000
municipal
-
-
-
992
regional
-
-
-
1 960
national
-
-
-
40 652
social contributions
-
-
-
42 952
total
-
-
-
86 556
Employee
89 690
-
167 000
-
social contributions
30 243
-
56 312
-
regional
846
-
1 728
-
municipal
475
-
885
-
national
15 541
-
35 175
-
total
47 105
-
94 100
-
Employer
89 690
-
167 000
-
total
-
-
-
-
Corporate
77 310
167 000
-
-
nationa
18 554
40 079
-
-
municipal
3 014
6 513
-
-
total
21 568
46 592
-
-
Dividends
55 742
120 407
-
-
withholding
14 494
31 306
-
-
total
14 494
31 306
-
-
Income
167 000
167 000
167 000
167 000
Total tax
83 167
77 898
94 100
86 556
After tax
83 833
89 102
72 900
80 444
Living cost
42 584
42 584
42 584
42 584
Free-cash
41 249
46 518
30 316
37 860

Estimated living cost  is ₽42584 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
₽82776
₽79633
₽56900
₽50617
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
167 000
income
-
-
-
44 450
pensions
-
-
-
26 938
other
-
-
-
-
unemployment
-
-
-
230
health
-
-
-
9 562
surtax
-
-
-
6 651
total
-
-
-
87 831
Employee
33 373
-
138 649
-
other
-
-
-
-
health
852
-
3 434
-
surtax
109
-
5 558
-
income
5 594
-
38 413
-
pensions
2 225
-
8 984
-
unemployment
2 323
-
9 374
-
total
11 103
-
65 763
-
Employer
33 373
-
138 649
-
other
-
-
-
-
unemployment
1 057
-
4 269
-
pensions
4 449
-
17 954
-
health
1 519
-
6 128
-
total
7 025
-
28 351
-
Corporate
126 602
167 000
-
-
income
32 917
43 419
-
-
total
32 917
43 419
-
-
Dividends
93 685
123 581
-
-
withholding
14 053
18 536
-
-
total
14 053
18 536
-
-
Income
167 000
167 000
167 000
167 000
Total tax
65 098
61 955
94 114
87 831
After tax
101 902
105 045
72 886
79 169
Living cost
22 269
22 269
22 269
22 269
Free-cash
79 633
82 776
50 617
56 900

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
₽64274
₽70887
₽65327
₽50150
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
167 000
income
-
-
-
46 520
pensions
-
-
-
8 884
total
-
-
-
55 404
Employee
64 218
-
145 989
-
health
932
-
2 161
-
income
11 566
-
36 399
-
pensions
5 451
-
11 011
-
total
17 949
-
49 571
-
Employer
64 218
-
145 989
-
pensions
6 952
-
18 236
-
health
1 220
-
2 774
-
total
8 172
-
21 010
-
Corporate
94 611
167 000
-
-
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.

17 976
31 729
-
-
total
17 976
31 729
-
-
Dividends
76 635
135 271
-
-
withholding
5 747
24 728
-
-
total
5 747
24 728
-
-
Income
167 000
167 000
167 000
167 000
Total tax
49 844
56 457
70 581
55 404
After tax
117 156
110 543
96 419
111 596
Living cost
46 269
46 269
46 269
46 269
Free-cash
70 887
64 274
50 150
65 327

Estimated living cost  is ₽46269 per week

₽34664
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
₽91
₽32725
₽59373
₽51480
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
167 000
city
-
-
-
1 761
pensions
-
-
-
15 362
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.

-
-
-
3 340
regional
-
-
-
8 016
health
-
-
-
376
national
-
-
-
2 498
total
-
-
-
31 353
Employee
89 260
-
149 473
-
city
958
-
1 606
-
regional
2 923
-
6 927
-
health
202
-
337
-
pensions
7 499
-
12 557
-
unemployment
-
-
-
-
national
422
-
1 936
-
total
12 004
-
23 363
-
Employer
89 260
-
149 473
-
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
-
2 989
-
unemployment
-
-
-
-
pensions
7 499
-
12 557
-
health
202
-
337
-
total
9 486
-
15 883
-
Corporate
67 273
167 000
-
-
regional
14 228
35 321
-
-
national
5 718
14 195
-
-
total
19 946
49 516
-
-
Dividends
47 327
117 485
-
-
withholding
16 565
41 119
-
-
total
16 565
41 119
-
-
Income
167 000
167 000
167 000
167 000
Total tax
58 001
90 635
39 246
31 353
After tax
108 999
76 365
127 754
135 647
Living cost
76 274
76 274
76 274
76 274
Free-cash
32 725
91
51 480
59 373

Estimated living cost  is ₽76274 per week

₽49600
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.
₽18893
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽36296
₽52660
₽40080
₽60673
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
167 000
trade
-
-
-
20 593
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.

-
-
-
50 429
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.

-
-
-
2 773
total
-
-
-
80 689
Employee

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

60 650
-
167 000
-
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
-
2 773
-
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
-
50 429
-
total
14 419
-
60 096
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
106 350
167 000
-
-
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.

877
1 377
-
-
income
15 953
25 050
-
-
trade
18 240
28 641
-
-
chamber of commerce
303
389
-
-
total
35 373
55 457
-
-
Dividends
70 978
111 544
-
-
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.

956
1 513
-
-
withholding
17 361
27 503
-
-
total
18 317
29 016
-
-
Income
167 000
167 000
167 000
167 000
Total tax
68 109
84 473
60 096
80 689
After tax
98 891
82 527
106 904
86 311
Living cost
46 231
46 231
46 231
46 231
Free-cash
52 660
36 296
60 673
40 080

Estimated living cost  is ₽46231 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
₽49643
₽55604
₽59756
₽58439
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
167 000
income
-
-
-
25 252
pensions
-
-
-
30 805
other
-
-
-
5 177
health
-
-
-
6 726
surtax
-
-
-
-
social contributions
-
-
-
4 757
total
-
-
-
72 717
Employee
43 191
-
130 006
-
social contributions
1 231
-
3 704
-
surtax
-
-
-
-
income
2 549
-
24 609
-
pensions
4 884
-
8 725
-
total
8 664
-
37 038
-
Employer
43 191
-
130 006
-
other
1 490
-
4 938
-
social contributions
130
-
391
-
unemployment
1 748
-
5 265
-
pensions
7 095
-
14 745
-
health
3 024
-
11 657
-
total
13 487
-
36 996
-
Corporate
110 320
167 000
-
-
surtax
-
-
-
-
income
30 889
46 759
-
-
total
30 889
46 759
-
-
Dividends
79 432
120 241
-
-
surtax
-
-
-
-
social contributions
13 662
20 681
-
-
withholding
10 167
15 390
-
-
total
23 829
36 071
-
-
Income
167 000
167 000
167 000
167 000
Total tax
76 869
82 830
74 034
72 717
After tax
90 131
84 170
92 966
94 283
Living cost
34 527
34 527
34 527
34 527
Free-cash
55 604
49 643
58 439
59 756

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
₽53063
₽58669
₽63176
₽61859
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
167 000
income
-
-
-
25 252
pensions
-
-
-
30 805
other
-
-
-
5 177
health
-
-
-
6 726
surtax
-
-
-
-
social contributions
-
-
-
4 757
total
-
-
-
72 717
Employee
38 554
-
130 006
-
social contributions
1 099
-
3 704
-
surtax
-
-
-
-
income
1 988
-
24 609
-
pensions
4 361
-
8 725
-
total
7 448
-
37 038
-
Employer
38 554
-
130 006
-
other
1 331
-
4 938
-
social contributions
115
-
391
-
unemployment
1 561
-
5 265
-
pensions
6 335
-
14 745
-
health
2 698
-
11 657
-
total
12 040
-
36 996
-
Corporate
116 405
167 000
-
-
surtax
-
-
-
-
income
32 593
46 759
-
-
total
32 593
46 759
-
-
Dividends
83 812
120 241
-
-
surtax
-
-
-
-
social contributions
14 415
20 681
-
-
withholding
10 728
15 390
-
-
total
25 143
36 071
-
-
Income
167 000
167 000
167 000
167 000
Total tax
77 224
82 830
74 034
72 717
After tax
89 776
84 170
92 966
94 283
Living cost
31 107
31 107
31 107
31 107
Free-cash
58 669
53 063
61 859
63 176

Estimated living cost  is ₽31107 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
₽80487
₽81008
₽85848
₽82721
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
167 000
income
-
-
-
25 050
health
-
-
-
11 657
social contributions
-
-
-
23 046
total
-
-
-
59 753
Employee
34 217
-
167 000
-
social contributions
4 723
-
23 046
-
health
2 388
-
11 657
-
income
5 707
-
28 177
-
total
12 818
-
62 880
-
Employer
34 217
-
167 000
-
total
-
-
-
-
Corporate
132 783
167 000
-
-
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%.

6 640
8 350
-
-
total
6 640
8 350
-
-
Dividends
126 143
158 650
-
-
health
8 806
11 073
-
-
social contributions
17 408
21 894
-
-
withholding
18 921
23 797
-
-
total
45 135
56 764
-
-
Income
167 000
167 000
167 000
167 000
Total tax
64 593
65 114
62 880
59 753
After tax
102 407
101 886
104 120
107 247
Living cost
21 399
21 399
21 399
21 399
Free-cash
81 008
80 487
82 721
85 848

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.
₽1320
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
₽56942
₽55382
₽50123
₽8591
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
167 000
chamber of commerce
-
-
-
668
income
-
-
-
43 431
pensions
-
-
-
21 811
unemployment
-
-
-
6 190
health
-
-
-
9 018
surtax
-
-
-
199
total
-
-
-
81 317
Employee
50 434
40 217
131 854
-
other
504
402
1 180
-
health
1 952
1 557
4 562
-
income
5 742
2 967
34 346
-
pensions
5 165
4 117
12 073
-
unemployment
1 513
1 207
3 537
-
total
14 876
10 250
55 698
-
Employer
50 434
40 217
131 854
-
accident
655
523
1 532
-
other
2 396
1 909
6 144
-
chamber of commerce
201
161
527
-
unemployment
1 513
1 207
3 537
-
surtax
199
199
199
-
pensions
6 329
5 048
14 796
-
payroll
1 513
1 207
3 955
-
health
1 906
1 521
4 456
-
total
14 712
11 775
35 146
-
Corporate
101 854
115 009
128 024
-
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.

25 463
28 752
32 005
-
total
25 463
28 752
32 005
-
Dividends
76 390
86 257
-
-
withholding
21 007
23 721
-
-
total
21 007
23 721
-
-
Income
167 000
167 000
167 000
167 000
Total tax
76 058
74 498
122 849
81 317
After tax
90 942
92 502
44 151
85 683
Living cost
35 560
35 560
35 560
35 560
Free-cash
55 382
56 942
8 591
50 123

Estimated living cost  is ₽35560 per week

₽23717
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3034
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
₽56623
₽41491
₽35535
₽22605
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
167 000
national
-
-
-
60 998
communal

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

-
-
-
8 511
social contributions
-
-
-
25 160
total
-
-
-
94 669
Employee

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

72 187
-
129 345
-
communal

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

3 765
-
6 747
-
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
-
6 080
-
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
-
9 700
-
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
-
1 126
-
national
22 193
-
46 298
-
total
35 392
-
69 951
-
Employer

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

72 187
-
129 345
-
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
-
1 681
-
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
-
1 888
-
surtax
8 185
-
14 666
-
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
-
11 460
-
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
-
7 953
-
total
21 011
-
37 648
-
Corporate
73 800
167 000
-
-
surtax
295
668
-
-
income
14 760
33 400
-
-
total
15 055
34 068
-
-
Dividends
58 745
132 932
-
-
withholding

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

17 255
39 513
-
-
total
17 255
39 513
-
-
Income
167 000
167 000
167 000
167 000
Total tax
88 713
73 581
107 599
94 669
After tax
78 287
93 419
59 401
72 331
Living cost
36 796
36 796
36 796
36 796
Free-cash
41 491
56 623
22 605
35 535

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
₽75000
₽67885
₽57393
₽53158
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
167 000
accident
-
-
-
843
income
-
-
-
45 098
pensions
-
-
-
26 471
other
-
-
-
94
unemployment
-
-
-
655
total
-
-
-
73 161
Employee
50 235
-
137 180
-
other
50
-
94
-
income
10 599
-
41 634
-
pensions
2 361
-
4 397
-
unemployment
779
-
1 450
-
total
13 789
-
47 575
-
Employer
50 235
-
137 180
-
accident
994
-
1 852
-
other
400
-
749
-
unemployment
2 764
-
5 144
-
pensions
11 855
-
22 076
-
total
16 013
-
29 821
-
Corporate
100 753
167 000
-
-
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.

15 112
25 050
-
-
total
15 112
25 050
-
-
Dividends
85 641
141 950
-
-
withholding
17 755
30 504
-
-
total
17 755
30 504
-
-
Income
167 000
167 000
167 000
167 000
Total tax
62 669
55 554
77 396
73 161
After tax
104 331
111 446
89 604
93 839
Living cost
36 446
36 446
36 446
36 446
Free-cash
67 885
75 000
53 158
57 393

Estimated living cost  is ₽36446 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
₽43512
₽31113
₽28928
₽35586
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
167 000
accident
-
-
-
1 408
income
-
-
-
26 223
pensions
-
-
-
25 031
health
-
-
-
11 734
surtax
-
-
-
8 279
communal
-
-
-
10 554
total
-
-
-
83 229
Employee
76 425
-
149 174
-
health
3 401
-
6 640
-
surtax
4 684
-
9 143
-
income
7 382
-
31 030
-
pensions
6 113
-
11 933
-
total
21 580
-
58 746
-
Employer
76 425
-
149 174
-
accident
688
-
1 342
-
pensions
6 113
-
11 933
-
health
2 331
-
4 550
-
total
9 132
-
17 825
-
Corporate
81 444
167 000
-
-
surtax
856
1 754
-
-
communal
5 498
11 272
-
-
income
12 217
25 050
-
-
total
18 571
38 076
-
-
Dividends
62 873
128 924
-
-
income
22 329
11 230
-
-
withholding
9 432
19 339
-
-
total
31 761
30 569
-
-
Income
167 000
167 000
167 000
167 000
Total tax
81 044
68 645
76 571
83 229
After tax
85 956
98 355
90 429
83 771
Living cost
54 843
54 843
54 843
54 843
Free-cash
31 113
43 512
35 586
28 928

Estimated living cost  is ₽54843 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
₽82378
₽79166
₽56502
₽50219
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
167 000
income
-
-
-
44 450
pensions
-
-
-
26 938
other
-
-
-
-
unemployment
-
-
-
230
health
-
-
-
9 562
surtax
-
-
-
6 651
total
-
-
-
87 831
Employee
33 986
-
138 649
-
other
-
-
-
-
health
868
-
3 434
-
surtax
121
-
5 558
-
income
5 697
-
38 413
-
pensions
2 267
-
8 984
-
unemployment
2 365
-
9 374
-
total
11 318
-
65 763
-
Employer
33 986
-
138 649
-
other
-
-
-
-
unemployment
1 078
-
4 269
-
pensions
4 531
-
17 954
-
health
1 545
-
6 128
-
total
7 154
-
28 351
-
Corporate
125 859
167 000
-
-
income
32 724
43 419
-
-
total
32 724
43 419
-
-
Dividends
93 136
123 581
-
-
withholding
13 971
18 536
-
-
total
13 971
18 536
-
-
Income
167 000
167 000
167 000
167 000
Total tax
65 167
61 955
94 114
87 831
After tax
101 833
105 045
72 886
79 169
Living cost
22 667
22 667
22 667
22 667
Free-cash
79 166
82 378
50 219
56 502

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
₽60595
₽58353
₽52702
₽45196
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
167 000
municipal
-
-
-
992
regional
-
-
-
2 517
national
-
-
-
40 652
social contributions
-
-
-
42 952
total
-
-
-
87 113
Employee
55 981
-
167 000
-
social contributions
18 877
-
56 312
-
regional
754
-
2 247
-
municipal
297
-
885
-
national
8 869
-
35 175
-
total
28 797
-
94 619
-
Employer
55 981
-
167 000
-
total
-
-
-
-
Corporate
111 019
167 000
-
-
nationa
26 645
40 079
-
-
municipal
5 517
8 300
-
-
total
32 162
48 379
-
-
Dividends
78 857
118 620
-
-
withholding
20 503
30 841
-
-
total
20 503
30 841
-
-
Income
167 000
167 000
167 000
167 000
Total tax
81 462
79 220
94 619
87 113
After tax
85 538
87 780
72 381
79 887
Living cost
27 185
27 185
27 185
27 185
Free-cash
58 353
60 595
45 196
52 702

Estimated living cost  is ₽27185 per week

₽16907
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
₽85195
₽74570
₽63438
₽56197
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
167 000
income
-
-
-
16 451
health
-
-
-
22 545
solidarity contribution
-
-
-
-
social contributions
-
-
-
34 781
total
-
-
-
73 777
Employee
43 801
-
125 891
-
social contributions
2 847
-
7 742
-
health
5 913
-
16 995
-
solidarity contribution
-
-
-
-
income
5 256
-
15 173
-
total
14 016
-
39 910
-
Employer
43 801
-
125 891
-
social contributions
10 950
-
29 778
-
health
3 942
-
11 330
-
total
14 892
-
41 108
-
Corporate
108 306
167 000
-
-
income
20 578
31 730
-
-
total
20 578
31 730
-
-
Dividends
87 728
135 270
-
-
withholding
13 159
20 290
-
-
total
13 159
20 290
-
-
Income
167 000
167 000
167 000
167 000
Total tax
62 645
52 020
81 018
73 777
After tax
104 355
114 980
85 982
93 223
Living cost
29 785
29 785
29 785
29 785
Free-cash
74 570
85 195
56 197
63 438

Estimated living cost  is ₽29785 per week

₽22150
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.
₽5470
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽60415
₽59917
₽53685
₽12017
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
167 000
chamber of commerce
-
-
-
668
income
-
-
-
43 431
pensions
-
-
-
21 811
unemployment
-
-
-
6 190
health
-
-
-
9 018
surtax
-
-
-
-
total
-
-
-
81 118
Employee
44 114
40 217
132 038
-
other
440
402
1 180
-
health
1 706
1 557
4 562
-
income
3 930
2 967
34 422
-
pensions
4 518
4 117
12 073
-
unemployment
1 323
1 207
3 537
-
total
11 917
10 250
55 774
-
Employer
44 114
40 217
132 038
-
accident
573
523
1 532
-
other
2 095
1 909
6 151
-
chamber of commerce
176
161
529
-
unemployment
1 323
1 207
3 537
-
surtax
-
-
-
-
pensions
5 537
5 048
14 796
-
payroll
1 323
1 207
3 960
-
health
1 668
1 521
4 456
-
total
12 695
11 576
34 961
-
Corporate
110 190
115 208
128 207
-
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.

27 547
28 801
32 051
-
total
27 547
28 801
32 051
-
Dividends
82 643
86 406
-
-
withholding
22 727
23 761
-
-
total
22 727
23 761
-
-
Income
167 000
167 000
167 000
167 000
Total tax
74 886
74 388
122 786
81 118
After tax
92 114
92 612
44 214
85 882
Living cost
32 197
32 197
32 197
32 197
Free-cash
59 917
60 415
12 017
53 685

Estimated living cost  is ₽32197 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
₽144501
₽141848
₽151181
₽119451
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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%.

-
-
-
167 000
microenterprise

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

-
-
-
1 670
total
-
-
-
1 670
Employee
17 686
-
167 000
-
income
3 537
-
33 400
-
total
3 537
-
33 400
-
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%.

149 314
167 000
-
-
total
-
-
-
-
Dividends
149 314
167 000
-
-
withholding
7 466
8 350
-
-
total
7 466
8 350
-
-
Income
167 000
167 000
167 000
167 000
Total tax
11 003
8 350
33 400
1 670
After tax
155 997
158 650
133 600
165 330
Living cost
14 149
14 149
14 149
14 149
Free-cash
141 848
144 501
119 451
151 181

Estimated living cost  is ₽14149 per week

₽9575
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
₽87910
₽79471
₽55040
₽50620
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
167 000
income
-
-
-
37 708
pensions
-
-
-
30 498
unemployment
-
-
-
251
health
-
-
-
16 434
total
-
-
-
84 891
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
-
144 501
-
health
2 882
-
9 334
-
income
7 696
-
34 879
-
pensions
6 917
-
22 397
-
unemployment
63
-
203
-
total
17 558
-
66 813
-
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
-
144 501
-
unemployment
27
-
86
-
pensions
3 949
-
12 789
-
health
2 972
-
9 623
-
total
6 948
-
22 498
-
Corporate
115 426
167 000
-
-
income
21 930
31 730
-
-
total
21 930
31 730
-
-
Dividends
93 496
135 270
-
-
withholding
14 024
20 291
-
-
total
14 024
20 291
-
-
Income
167 000
167 000
167 000
167 000
Total tax
60 460
52 021
89 311
84 891
After tax
106 540
114 979
77 689
82 109
Living cost
27 069
27 069
27 069
27 069
Free-cash
79 471
87 910
50 620
55 040

Estimated living cost  is ₽27069 per week

₽18577
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
₽58019
₽9972
₽71826
₽110128
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
167 000
income
-
-
-
32 552
social contributions
-
-
-
19 038
total
-
-
-
51 590
Employee
62 493
-
-
-
social contributions
5 124
-
730
-
income
13 785
-
-
-
total
18 909
-
730
-
Employer
62 493
-
-
-
social contributions
88 116
-
12 558
-
total
88 116
-
12 558
-
Corporate
16 391
167 000
-
-
income
3 606
36 740
-
-
total
3 606
36 740
-
-
Dividends
12 785
130 260
-
-
income
2 813
28 657
-
-
total
2 813
28 657
-
-
Income
167 000
167 000
167 000
167 000
Total tax
113 444
65 397
13 288
51 590
After tax
53 556
101 603
153 712
115 410
Living cost
43 584
43 584
43 584
43 584
Free-cash
9 972
58 019
110 128
71 826

Estimated living cost  is ₽43584 per week

₽28279
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.
₽10650
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽63334
₽62318
₽58202
₽45813
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
167 000
income
-
-
-
19 111
surtax
-
-
-
-
social contributions

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

-
-
-
58 032
total
-
-
-
77 143
Employee
46 415
-
134 949
-
social contributions
5 106
-
14 844
-
surtax
-
-
-
-
income
9 654
-
42 639
-
total
14 760
-
57 483
-
Employer
46 415
-
134 949
-
social contributions
11 023
-
32 049
-
total
11 023
-
32 049
-
Corporate
109 562
167 000
-
-
surtax
-
-
-
-
income
23 008
35 070
-
-
total
23 008
35 070
-
-
Dividends
86 554
131 930
-
-
withholding
24 236
36 941
-
-
total
24 236
36 941
-
-
Income
167 000
167 000
167 000
167 000
Total tax
73 027
72 011
89 532
77 143
After tax
93 973
94 989
77 468
89 857
Living cost
31 655
31 655
31 655
31 655
Free-cash
62 318
63 334
45 813
58 202

Estimated living cost  is ₽31655 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
₽35428
₽42361
₽45541
₽44224
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
167 000
income
-
-
-
25 252
pensions
-
-
-
30 805
other
-
-
-
5 177
health
-
-
-
6 726
surtax
-
-
-
-
social contributions
-
-
-
4 757
total
-
-
-
72 717
Employee
63 207
-
130 006
-
social contributions
1 800
-
3 704
-
surtax
-
-
-
-
income
5 515
-
24 609
-
pensions
7 149
-
8 725
-
total
14 464
-
37 038
-
Employer
63 207
-
130 006
-
other
2 181
-
4 938
-
social contributions
190
-
391
-
unemployment
2 561
-
5 265
-
pensions
10 386
-
14 745
-
health
4 424
-
11 657
-
total
19 742
-
36 996
-
Corporate
84 052
167 000
-
-
surtax
-
-
-
-
income
23 535
46 759
-
-
total
23 535
46 759
-
-
Dividends
60 517
120 241
-
-
surtax
-
-
-
-
social contributions
10 409
20 681
-
-
withholding
7 747
15 390
-
-
total
18 156
36 071
-
-
Income
167 000
167 000
167 000
167 000
Total tax
75 897
82 830
74 034
72 717
After tax
91 103
84 170
92 966
94 283
Living cost
48 742
48 742
48 742
48 742
Free-cash
42 361
35 428
44 224
45 541

Estimated living cost  is ₽48742 per week

₽32988
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
₽119964
₽116574
₽93026
₽97466
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
167 000
income
-
-
-
6 898
social contributions
-
-
-
36 740
total
-
-
-
43 638
Employee
32 444
-
144 589
-
income
-
-
7 390
-
social contributions
2 109
-
9 397
-
total
2 109
-
16 787
-
Employer
32 444
-
144 589
-
social contributions
5 029
-
22 411
-
total
5 029
-
22 411
-
Corporate
129 527
167 000
-
-
income
12 952
16 700
-
-
total
12 952
16 700
-
-
Dividends
116 575
150 300
-
-
total
-
-
-
-
Income
167 000
167 000
167 000
167 000
Total tax
20 090
16 700
39 198
43 638
After tax
146 910
150 300
127 802
123 362
Living cost
30 336
30 336
30 336
30 336
Free-cash
116 574
119 964
97 466
93 026

Estimated living cost  is ₽30336 per week

₽19615
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
-₽52973
-₽52973
₽50496
-₽52973
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
167 000
municipal
-
-
-
34 465
pensions
-
-
-
875
national
-
-
-
19 251
labour market
-
-
-
13 290
total
-
-
-
67 881
Employee
205 227
205 227
205 227
-
labour market
16 395
16 395
16 395
-
national
25 072
25 072
25 072
-
municipal
43 702
43 702
43 702
-
pensions
292
292
292
-
total
85 461
85 461
85 461
-
Employer
205 227
205 227
205 227
-
labour market
16 418
16 418
16 418
-
municipal
43 772
43 772
43 772
-
pensions
583
583
583
-
national
25 116
25 116
25 116
-
total
85 889
85 889
85 889
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
167 000
167 000
167 000
167 000
Total tax
171 350
171 350
171 350
67 881
After tax
-4 350
-4 350
-4 350
99 119
Living cost
48 623
48 623
48 623
48 623
Free-cash
-52 973
-52 973
-52 973
50 496

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
-₽8219
₽10193
₽92451
₽68623
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
167 000
accident
-
-
-
253
income
-
-
-
45 816
pensions
-
-
-
4 174
other
-
-
-
372
health
-
-
-
2 188
total
-
-
-
52 803
Employee
34 209
-
149 776
-
health
3 917
-
17 150
-
income
4 693
-
34 603
-
pensions
3 852
-
7 654
-
total
12 462
-
59 407
-
Employer
34 209
-
149 776
-
accident
571
-
2 501
-
unemployment
838
-
3 670
-
pensions
5 562
-
11 053
-
total
6 971
-
17 224
-
Corporate
125 820
167 000
-
-
income

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

113 237
150 300
-
-
total
113 237
150 300
-
-
Dividends
12 582
16 700
-
-
withholding
2 391
3 173
-
-
total
2 391
3 173
-
-
Income
167 000
167 000
167 000
167 000
Total tax
135 061
153 473
76 631
52 803
After tax
31 939
13 527
90 369
114 197
Living cost
21 746
21 746
21 746
21 746
Free-cash
10 193
-8 219
68 623
92 451

Estimated living cost  is ₽21746 per week

₽15829
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1240
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
₽66569
₽68847
₽70532
₽49544
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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

-
-
-
167 000
municipal
-
-
-
29 673
health
-
-
-
2 151
national
-
-
-
25 899
total
-
-
-
57 723
Employee
53 095
-
140 489
-
health
396
-
1 743
-
municipal
8 697
-
22 888
-
pensions
3 583
-
9 484
-
unemployment
797
-
2 107
-
national
877
-
15 977
-
total
14 350
-
52 199
-
Employer
53 095
-
140 489
-
accident
54
-
140
-
unemployment
345
-
914
-
pensions
9 212
-
24 376
-
health
408
-
1 082
-
total
10 019
-
26 512
-
Corporate
103 887
167 000
-
-
income
20 777
33 400
-
-
total
20 777
33 400
-
-
Dividends

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

62 332
100 200
-
-
national
3 041
10 249
-
-
municipal
11 221
18 037
-
-
total
14 262
28 286
-
-
Income
167 000
167 000
167 000
167 000
Total tax
59 408
61 686
78 711
57 723
After tax
107 592
105 314
88 289
109 277
Living cost
38 745
38 745
38 745
38 745
Free-cash
68 847
66 569
49 544
70 532

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
₽98497
₽93006
₽91318
₽89820
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
167 000
income
-
-
-
31 730
health
-
-
-
4 259
social contributions
-
-
-
16 328
total
-
-
-
52 317
Employee
77 601
77 601
155 437
-
social contributions
2 934
6 441
8 687
-
health
601
1 320
2 643
-
income
8 449
7 184
30 921
-
total
11 984
14 945
42 251
-
Employer
77 601
77 601
155 437
-
social contributions
2 934
6 441
8 687
-
health
653
1 436
2 877
-
total
3 587
7 877
11 564
-
Corporate
128 063
81 522
-
-
income
16 008
10 190
-
-
total
16 008
10 190
-
-
Dividends
112 054
71 332
-
-
withholding
19 050
12 126
-
-
total
19 050
12 126
-
-
Income
167 000
167 000
167 000
167 000
Total tax
50 629
45 138
53 815
52 317
After tax
116 371
121 862
113 185
114 683
Living cost
23 365
23 365
23 365
23 365
Free-cash
93 006
98 497
89 820
91 318

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.
₽6554
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽122269
₽117135
₽123974
₽103733
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
167 000
income
-
-
-
16 903
pensions
-
-
-
6 419
unemployment
-
-
-
29
health
-
-
-
3 652
total
-
-
-
27 003
Employee

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

23 164
-
157 137
-
health
1 969
-
8 139
-
income
1 584
-
14 400
-
pensions
3 474
-
14 363
-
unemployment
115
-
479
-
total
7 142
-
37 381
-
Employer

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

23 164
-
157 137
-
unemployment
115
-
479
-
pensions
1 274
-
5 267
-
health
996
-
4 117
-
total
2 385
-
9 863
-
Corporate
141 451
167 000
-
-
income
12 730
15 030
-
-
total
12 730
15 030
-
-
Dividends
128 722
151 970
-
-
withholding
11 585
13 678
-
-
total
11 585
13 678
-
-
Income
167 000
167 000
167 000
167 000
Total tax
33 842
28 708
47 244
27 003
After tax
133 158
138 292
119 756
139 997
Living cost
16 023
16 023
16 023
16 023
Free-cash
117 135
122 269
103 733
123 974

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
₽83695
₽79239
₽66088
₽61853
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
167 000
accident
-
-
-
843
income
-
-
-
45 098
pensions
-
-
-
26 471
other
-
-
-
94
unemployment
-
-
-
655
total
-
-
-
73 161
Employee
37 315
-
137 180
-
other
36
-
94
-
income
7 194
-
41 634
-
pensions
1 754
-
4 397
-
unemployment
578
-
1 450
-
total
9 562
-
47 575
-
Employer
37 315
-
137 180
-
accident
739
-
1 852
-
other
299
-
749
-
unemployment
2 053
-
5 144
-
pensions
8 806
-
22 076
-
total
11 897
-
29 821
-
Corporate
117 788
167 000
-
-
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.

17 669
25 050
-
-
total
17 669
25 050
-
-
Dividends
100 119
141 950
-
-
withholding
20 882
30 504
-
-
total
20 882
30 504
-
-
Income
167 000
167 000
167 000
167 000
Total tax
60 010
55 554
77 396
73 161
After tax
106 990
111 446
89 604
93 839
Living cost
27 751
27 751
27 751
27 751
Free-cash
79 239
83 695
61 853
66 088

Estimated living cost  is ₽27751 per week

₽18732
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
₽101452
₽100998
₽104176
₽103978
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
167 000
income
-
-
-
56 601
pensions
-
-
-
2 010
health
-
-
-
1 457
total
-
-
-
60 068
Employee
4 198
-
164 738
-
health
210
-
503
-
income
812
-
56 495
-
pensions
378
-
905
-
unemployment
42
-
101
-
total
1 442
-
58 004
-
Employer
4 198
-
164 738
-
unemployment
84
-
201
-
pensions
462
-
1 106
-
health
399
-
955
-
total
945
-
2 262
-
Corporate
161 858
167 000
-
-
income
35 609
36 740
-
-
total
35 609
36 740
-
-
Dividends
126 249
130 260
-
-
withholding
25 250
26 052
-
-
total
25 250
26 052
-
-
Income
167 000
167 000
167 000
167 000
Total tax
63 246
62 792
60 266
60 068
After tax
103 754
104 208
106 734
106 932
Living cost
2 756
2 756
2 756
2 756
Free-cash
100 998
101 452
103 978
104 176

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
₽103205
₽98240
₽83820
₽83821
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
167 000
income
-
-
-
37 534
pensions
-
-
-
19 392
unemployment
-
-
-
1 119
health
-
-
-
7 682
total
-
-
-
65 727
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
-
153 649
-
health
1 355
-
3 841
-
income
3 628
-
37 534
-
pensions
3 685
-
10 442
-
unemployment
197
-
559
-
total
8 865
-
52 376
-
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
-
153 649
-
unemployment
197
-
559
-
pensions
3 158
-
8 950
-
health
1 355
-
3 841
-
total
4 710
-
13 350
-
Corporate
135 970
167 000
-
-
income
20 396
25 050
-
-
total
20 396
25 050
-
-
Dividends
115 575
141 950
-
-
withholding
17 336
21 292
-
-
total
17 336
21 292
-
-
Income
167 000
167 000
167 000
167 000
Total tax
51 307
46 342
65 726
65 727
After tax
115 693
120 658
101 274
101 273
Living cost
17 453
17 453
17 453
17 453
Free-cash
98 240
103 205
83 821
83 820

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
₽67782
₽67418
₽62650
₽50261
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
167 000
income
-
-
-
19 111
surtax
-
-
-
-
social contributions

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

-
-
-
58 032
total
-
-
-
77 143
Employee
39 169
-
134 949
-
social contributions
4 309
-
14 844
-
surtax
-
-
-
-
income
7 653
-
42 639
-
total
11 962
-
57 483
-
Employer
39 169
-
134 949
-
social contributions
9 302
-
32 049
-
total
9 302
-
32 049
-
Corporate
118 530
167 000
-
-
surtax
-
-
-
-
income
24 891
35 070
-
-
total
24 891
35 070
-
-
Dividends
93 639
131 930
-
-
withholding
26 220
36 941
-
-
total
26 220
36 941
-
-
Income
167 000
167 000
167 000
167 000
Total tax
72 375
72 011
89 532
77 143
After tax
94 625
94 989
77 468
89 857
Living cost
27 207
27 207
27 207
27 207
Free-cash
67 418
67 782
50 261
62 650

Estimated living cost  is ₽27207 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
₽75979
₽69207
₽58372
₽54137
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
167 000
accident
-
-
-
843
income
-
-
-
45 098
pensions
-
-
-
26 471
other
-
-
-
94
unemployment
-
-
-
655
total
-
-
-
73 161
Employee
48 739
-
137 180
-
other
48
-
94
-
income
10 180
-
41 634
-
pensions
2 290
-
4 397
-
unemployment
755
-
1 450
-
total
13 273
-
47 575
-
Employer
48 739
-
137 180
-
accident
965
-
1 852
-
other
391
-
749
-
unemployment
2 681
-
5 144
-
pensions
11 502
-
22 076
-
total
15 539
-
29 821
-
Corporate
102 722
167 000
-
-
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.

15 409
25 050
-
-
total
15 409
25 050
-
-
Dividends
87 313
141 950
-
-
withholding
18 105
30 504
-
-
total
18 105
30 504
-
-
Income
167 000
167 000
167 000
167 000
Total tax
62 326
55 554
77 396
73 161
After tax
104 674
111 446
89 604
93 839
Living cost
35 467
35 467
35 467
35 467
Free-cash
69 207
75 979
54 137
58 372

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
₽125414
₽119261
₽115162
₽121593
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
167 000
income
-
-
-
25 050
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
-
-
-
34 467
Employee
23 001
-
160 080
-
health
1 058
-
1 622
-
accident

We are using the highest rate at 1.1%.

253
-
388
-
income
2 300
-
16 008
-
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
-
21 115
-
Employer
23 001
-
160 080
-
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
139 486
167 000
-
-
income
13 949
16 700
-
-
total
13 949
16 700
-
-
Dividends
125 537
150 300
-
-
withholding
6 276
7 515
-
-
total
6 276
7 515
-
-
Income
167 000
167 000
167 000
167 000
Total tax
30 368
24 215
28 036
34 467
After tax
136 632
142 785
138 964
132 533
Living cost
17 371
17 371
17 371
17 371
Free-cash
119 261
125 414
121 593
115 162

Estimated living cost  is ₽17371 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
₽47004
₽60205
₽50710
₽67942
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
167 000
trade
-
-
-
17 232
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.

-
-
-
50 429
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.

-
-
-
2 773
total
-
-
-
77 328
Employee

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

50 213
-
167 000
-
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
-
2 773
-
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
-
50 429
-
total
11 251
-
60 096
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
116 787
167 000
-
-
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.

963
1 377
-
-
income
17 518
25 050
-
-
trade
16 759
23 964
-
-
chamber of commerce
324
398
-
-
total
35 564
50 789
-
-
Dividends
81 223
116 211
-
-
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.

1 095
1 576
-
-
withholding
19 923
28 669
-
-
total
21 018
30 245
-
-
Income
167 000
167 000
167 000
167 000
Total tax
67 833
81 034
60 096
77 328
After tax
99 167
85 966
106 904
89 672
Living cost
38 962
38 962
38 962
38 962
Free-cash
60 205
47 004
67 942
50 710

Estimated living cost  is ₽38962 per week

₽26877
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
₽59413
₽61640
₽31782
₽31782
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
167 000
income
-
-
-
50 119
social contributions
-
-
-
27 612
total
-
-
-
77 731
Employee
78 941
-
167 000
-
income
14 896
-
50 119
-
social contributions
6 558
-
27 612
-
total
21 454
-
77 731
-
Employer
78 941
-
167 000
-
total
-
-
-
-
Corporate
88 059
167 000
-
-
income
11 008
20 875
-
-
total
11 008
20 875
-
-
Dividends
77 051
146 125
-
-
withholding
15 411
29 225
-
-
total
15 411
29 225
-
-
Income
167 000
167 000
167 000
167 000
Total tax
47 873
50 100
77 731
77 731
After tax
119 127
116 900
89 269
89 269
Living cost
57 487
57 487
57 487
57 487
Free-cash
61 640
59 413
31 782
31 782

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
₽66585
₽70112
₽94898
₽82762
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
167 000
income
-
-
-
28 727
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
-
-
-
35 468
Employee
46 295
-
162 358
-
income
5 023
-
38 320
-
social contributions
4 638
-
4 642
-
total
9 661
-
42 962
-
Employer
46 295
-
162 358
-
social contributions
4 638
-
4 642
-
total
4 638
-
4 642
-
Corporate
116 066
167 000
-
-
income
40 623
58 449
-
-
total
40 623
58 449
-
-
Dividends
75 443
108 551
-
-
social contributions
5 332
5 332
-
-
total
5 332
5 332
-
-
Income
167 000
167 000
167 000
167 000
Total tax
60 254
63 781
47 604
35 468
After tax
106 746
103 219
119 396
131 532
Living cost
36 634
36 634
36 634
36 634
Free-cash
70 112
66 585
82 762
94 898

Estimated living cost  is ₽36634 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
₽72928
₽78923
₽73981
₽58804
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
167 000
income
-
-
-
46 520
pensions
-
-
-
8 884
total
-
-
-
55 404
Employee
51 632
-
145 989
-
health
674
-
2 161
-
income
9 403
-
36 399
-
pensions
3 941
-
11 011
-
total
14 018
-
49 571
-
Employer
51 632
-
145 989
-
pensions
5 216
-
18 236
-
health
981
-
2 774
-
total
6 197
-
21 010
-
Corporate
109 170
167 000
-
-
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.

20 743
31 729
-
-
total
20 743
31 729
-
-
Dividends
88 427
135 271
-
-
withholding
9 504
24 728
-
-
total
9 504
24 728
-
-
Income
167 000
167 000
167 000
167 000
Total tax
50 462
56 457
70 581
55 404
After tax
116 538
110 543
96 419
111 596
Living cost
37 615
37 615
37 615
37 615
Free-cash
78 923
72 928
58 804
73 981

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
-₽10373
₽9861
₽90297
₽66469
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
167 000
accident
-
-
-
253
income
-
-
-
45 816
pensions
-
-
-
4 174
other
-
-
-
372
health
-
-
-
2 188
total
-
-
-
52 803
Employee
37 595
-
149 776
-
health
4 304
-
17 150
-
income
5 158
-
34 603
-
pensions
4 233
-
7 654
-
total
13 695
-
59 407
-
Employer
37 595
-
149 776
-
accident
628
-
2 501
-
unemployment
921
-
3 670
-
pensions
6 113
-
11 053
-
total
7 662
-
17 224
-
Corporate
121 744
167 000
-
-
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.

109 569
150 300
-
-
total
109 569
150 300
-
-
Dividends
12 174
16 700
-
-
withholding
2 313
3 173
-
-
total
2 313
3 173
-
-
Income
167 000
167 000
167 000
167 000
Total tax
133 239
153 473
76 631
52 803
After tax
33 761
13 527
90 369
114 197
Living cost
23 900
23 900
23 900
23 900
Free-cash
9 861
-10 373
66 469
90 297

Estimated living cost  is ₽23900 per week

₽17540
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1393
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.
₽4486
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽126899
₽122177
₽81615
₽103808
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
167 000
work injury
-
-
-
807
health insurance
-
-
-
11 943
income
-
-
-
27 371
pensions
-
-
-
29 696
unemployment
-
-
-
1 937
total
-
-
-
71 754
Employee

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

21 810
-
167 000
-
work injury
109
-
403
-
income
2 181
-
27 371
-
pensions
4 013
-
14 848
-
health insurance
1 614
-
5 971
-
unemployment
262
-
968
-
total
8 179
-
49 561
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
145 190
167 000
-
-
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%.

1 452
1 670
-
-
total
1 452
1 670
-
-
Dividends
143 738
165 330
-
-
withholding
21 561
24 800
-
-
total
21 561
24 800
-
-
Income
167 000
167 000
167 000
167 000
Total tax
31 192
26 470
49 561
71 754
After tax
135 808
140 530
117 439
95 246
Living cost
13 631
13 631
13 631
13 631
Free-cash
122 177
126 899
103 808
81 615

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
₽47763
₽43170
₽38262
₽30933
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
167 000
municipal
-
-
-
1 117
regional
-
-
-
3 814
national
-
-
-
40 652
social contributions
-
-
-
42 952
total
-
-
-
88 535
Employee
85 040
-
167 000
-
social contributions
28 675
-
56 312
-
regional
1 284
-
3 381
-
municipal
508
-
996
-
national
14 371
-
35 175
-
total
44 838
-
95 864
-
Employer
85 040
-
167 000
-
total
-
-
-
-
Corporate
81 960
167 000
-
-
nationa
19 670
40 079
-
-
municipal
3 951
8 049
-
-
total
23 621
48 128
-
-
Dividends
58 339
118 871
-
-
withholding
15 168
30 906
-
-
total
15 168
30 906
-
-
Income
167 000
167 000
167 000
167 000
Total tax
83 627
79 034
95 864
88 535
After tax
83 373
87 966
71 136
78 465
Living cost
40 203
40 203
40 203
40 203
Free-cash
43 170
47 763
30 933
38 262

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