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
₽ 167500
per

Your estimated
City
free-cash

Dresden , Germany
₽53929
₽65093
₽57623
₽76615
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
167 500
trade
-
-
-
18 992
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.

-
-
-
50 639
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.

-
-
-
2 785
total
-
-
-
79 310
Employee

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

38 599
-
167 500
-
health

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

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

6 894
-
6 894
-
surtax

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

59
-
2 785
-
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
-
50 639
-
total
8 031
-
60 318
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
128 901
167 500
-
-
surtax

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

1 063
1 383
-
-
income
19 335
25 126
-
-
trade
20 302
26 380
-
-
chamber of commerce
339
395
-
-
total
41 039
53 284
-
-
Dividends
87 863
114 217
-
-
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.

1 187
1 549
-
-
withholding
21 583
28 171
-
-
total
22 770
29 720
-
-
Income
167 500
167 500
167 500
167 500
Total tax
71 840
83 004
60 318
79 310
After tax
95 660
84 496
107 182
88 190
Living cost
30 567
30 567
30 567
30 567
Free-cash
65 093
53 929
76 615
57 623

Estimated living cost  is ₽30567 per week

₽19227
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3564
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽571
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7205
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

Nationals of Europe, Australia, Canada, Israel, Japan, the Republic of Korea, New Zealand and the USA do not require an entry type D visa (not to confuse with a Schengen visa or a visa-free entry). For other nationals, waiting time is around 6-9 months which includes document preparation and processing.

Source of data for Dresden model

Close
Reykjavik , Iceland
₽53526
₽52678
₽47996
₽49311
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
167 500
municipal
-
-
-
18 281
pensions
-
-
-
20 100
national
-
-
-
28 328
social contributions
-
-
-
1 801
total
-
-
-
68 510
Employee
79 050
-
144 802
-
municipal
9 764
-
18 929
-
pensions
3 162
-
5 792
-
national
15 130
-
29 333
-
total
28 056
-
54 054
-
Employer
79 050
-
144 802
-
social contributions
850
-
1 557
-
pensions
6 324
-
11 584
-
total
7 174
-
13 141
-
Corporate
76 059
167 500
-
-
income

Corporate income tax will depend on a type of legal entity. For LLC and Limited Partnership it is set at 20%. All other entities pay 37.6%.

15 212
33 500
-
-
total
15 212
33 500
-
-
Dividends
60 847
134 000
-
-
withholding
13 386
29 480
-
-
total
13 386
29 480
-
-
Income
167 500
167 500
167 500
167 500
Total tax
63 828
62 980
67 195
68 510
After tax
103 672
104 520
100 305
98 990
Living cost
50 994
50 994
50 994
50 994
Free-cash
52 678
53 526
49 311
47 996

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
₽113004
₽104728
₽35924
₽47967
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
167 500
microenterprise
-
-
-
-
income
-
-
-
29 203
surtax
-
-
-
42 712
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
-
-
-
110 581
Employee
29 488
-
124 799
-
social contributions

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

3 244
-
13 229
-
surtax
-
-
18 096
-
income
5 249
-
24 513
-
total
8 493
-
55 838
-
Employer
29 488
-
124 799
-
social contributions

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

7 103
-
28 973
-
surtax
-
-
13 727
-
total
7 103
-
42 700
-
Corporate
130 909
167 500
-
-
income

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

26 181
33 501
-
-
total
26 181
33 501
-
-
Dividends

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

104 727
133 999
-
-
total
-
-
-
-
Income
167 500
167 500
167 500
167 500
Total tax
41 777
33 501
98 538
110 581
After tax
125 723
133 999
68 962
56 919
Living cost
20 995
20 995
20 995
20 995
Free-cash
104 728
113 004
47 967
35 924

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
₽40500
₽34318
₽50912
₽61261
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
167 500
income
-
-
-
50 044
pensions
-
-
-
11 824
health
-
-
-
12 444
total
-
-
-
74 312
Employee
86 179
86 179
148 746
-
health
13 228
11 251
12 444
-
income

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

14 106
14 106
20 941
-
pensions
15 512
11 824
11 824
-
total
42 846
37 181
45 209
-
Employer
86 179
86 179
148 746
-
unemployment
3 102
3 102
3 855
-
pensions
5 998
5 998
7 455
-
health
5 990
5 990
7 444
-
total
15 090
15 090
18 754
-
Corporate
67 287
66 230
-
-
income
13 457
13 247
-
-
total
13 457
13 247
-
-
Dividends
53 830
52 984
-
-
income
11 439
11 259
-
-
withholding
8 074
7 948
-
-
total
19 513
19 207
-
-
Income
167 500
167 500
167 500
167 500
Total tax
90 906
84 725
63 963
74 312
After tax
76 594
82 775
103 537
93 188
Living cost
42 276
42 276
42 276
42 276
Free-cash
34 318
40 500
61 261
50 912

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
₽52465
₽51589
₽47306
₽46360
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
167 500
municipal
-
-
-
42 566
accident
-
-
-
171
pensions
-
-
-
9 237
other
-
-
-
9 930
unemployment
-
-
-
86
health
-
-
-
5 332
national
-
-
-
13 882
total
-
-
-
81 204
Employee
55 558
-
140 651
-
municipal
16 567
-
41 942
-
national
-
-
13 359
-
total
16 567
-
55 301
-
Employer
55 558
-
140 651
-
accident
111
-
171
-
other
6 456
-
9 930
-
unemployment
1 467
-
2 256
-
pensions
6 006
-
9 237
-
health
3 417
-
5 255
-
total
17 457
-
26 849
-
Corporate
94 486
167 500
-
-
income
20 787
36 850
-
-
total
20 787
36 850
-
-
Dividends
73 699
130 650
-
-
withholding
22 110
39 195
-
-
total
22 110
39 195
-
-
Income
167 500
167 500
167 500
167 500
Total tax
76 921
76 045
82 150
81 204
After tax
90 579
91 455
85 350
86 296
Living cost
38 990
38 990
38 990
38 990
Free-cash
51 589
52 465
46 360
47 306

Estimated living cost  is ₽38990 per week

₽25841
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3826
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽592
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8731
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Stockholm model

Close
Hamburg , Germany
₽43990
₽58175
₽47703
₽67538
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
167 500
trade
-
-
-
19 835
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.

-
-
-
50 639
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.

-
-
-
2 785
total
-
-
-
80 153
Employee

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

51 177
-
167 500
-
health

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

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

6 894
-
6 894
-
surtax

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

241
-
2 785
-
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
-
50 639
-
total
11 532
-
60 318
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
116 323
167 500
-
-
surtax

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

959
1 383
-
-
income
17 448
25 126
-
-
trade
19 136
27 554
-
-
chamber of commerce
318
391
-
-
total
37 861
54 454
-
-
Dividends
78 462
113 046
-
-
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.

1 057
1 534
-
-
withholding
19 231
27 878
-
-
total
20 288
29 412
-
-
Income
167 500
167 500
167 500
167 500
Total tax
69 681
83 866
60 318
80 153
After tax
97 819
83 634
107 182
87 347
Living cost
39 644
39 644
39 644
39 644
Free-cash
58 175
43 990
67 538
47 703

Estimated living cost  is ₽39644 per week

₽26514
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4181
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽592
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8357
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

Nationals of Europe, Australia, Canada, Israel, Japan, the Republic of Korea, New Zealand and the USA do not require an entry type D visa (not to confuse with a Schengen visa or a visa-free entry). For other nationals, waiting time is around 6-9 months which includes document preparation and processing.

Source of data for Hamburg model

Close
Limassol , Cyprus
₽89496
₽85308
₽82267
₽80769
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
167 500
income
-
-
-
31 902
health
-
-
-
4 271
social contributions
-
-
-
16 328
total
-
-
-
52 501
Employee
77 600
77 600
155 929
-
social contributions
3 771
6 440
8 687
-
health
772
1 319
2 650
-
income
8 149
7 183
31 091
-
total
12 692
14 942
42 428
-
Employer
77 600
77 600
155 929
-
social contributions
3 771
6 440
8 687
-
health
841
1 436
2 884
-
total
4 612
7 876
11 571
-
Corporate
117 465
82 023
-
-
income
14 683
10 253
-
-
total
14 683
10 253
-
-
Dividends
102 782
71 770
-
-
withholding
17 473
12 201
-
-
total
17 473
12 201
-
-
Income
167 500
167 500
167 500
167 500
Total tax
49 460
45 272
53 999
52 501
After tax
118 040
122 228
113 501
114 999
Living cost
32 732
32 732
32 732
32 732
Free-cash
85 308
89 496
80 769
82 267

Estimated living cost  is ₽32732 per week

₽22376
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2557
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽550
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7251
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Limassol model

Close
Budapest , Hungary
₽75778
₽76158
₽97699
₽78763
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
167 500
income
-
-
-
20 477
pensions
-
-
-
16 750
unemployment
-
-
-
2 512
health
-
-
-
11 725
total
-
-
-
51 464
Employee

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

The minimum wage is 138,000 HUF per month.

26 470
10 535
140 167
-
health
1 853
737
9 812
-
income
3 236
1 288
17 135
-
pensions
2 647
1 053
14 017
-
unemployment
397
158
2 103
-
total
8 133
3 236
43 067
-
Employer

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

The minimum wage is 138,000 HUF per month.

26 470
10 535
140 167
-
pensions
5 162
2 054
27 333
-
total
5 162
2 054
27 333
-
Corporate
135 869
154 911
-
-
income
12 228
13 942
-
-
total
12 228
13 942
-
-
Dividends
123 641
140 969
-
-
social contributions
23 990
27 369
-
-
withholding
23 492
26 784
-
-
total
47 482
54 153
-
-
Income
167 500
167 500
167 500
167 500
Total tax
73 005
73 385
70 400
51 464
After tax
94 495
94 115
97 100
116 036
Living cost
18 337
18 337
18 337
18 337
Free-cash
76 158
75 778
78 763
97 699

Estimated living cost  is ₽18337 per week

₽12513
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1500
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽366
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3957
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Budapest model

Close
Tallinn , Estonia
₽109624
₽103356
₽65404
₽72169
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
167 500
income
-
-
-
22 445
pensions
-
-
-
33 501
health
-
-
-
21 775
total
-
-
-
77 721
Employee
28 629
-
125 186
-
income
3 223
-
24 136
-
pensions
573
-
2 503
-
unemployment
458
-
2 003
-
total
4 254
-
28 642
-
Employer
28 629
-
125 186
-
unemployment
230
-
1 002
-
pensions
5 726
-
25 038
-
health
3 721
-
16 274
-
total
9 677
-
42 314
-
Corporate
129 195
167 500
-
-
income
25 838
33 501
-
-
total
25 838
33 501
-
-
Dividends
103 356
133 999
-
-
total
-
-
-
-
Income
167 500
167 500
167 500
167 500
Total tax
39 769
33 501
70 956
77 721
After tax
127 731
133 999
96 544
89 779
Living cost
24 375
24 375
24 375
24 375
Free-cash
103 356
109 624
72 169
65 404

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
-₽8502
₽10182
₽92467
₽68592
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
167 500
accident
-
-
-
253
income
-
-
-
45 977
pensions
-
-
-
4 174
other
-
-
-
372
health
-
-
-
2 188
total
-
-
-
52 964
Employee
34 715
-
150 258
-
health
3 975
-
17 204
-
income
4 763
-
34 740
-
pensions
3 909
-
7 653
-
total
12 647
-
59 597
-
Employer
34 715
-
150 258
-
accident
580
-
2 509
-
unemployment
850
-
3 681
-
pensions
5 645
-
11 052
-
total
7 075
-
17 242
-
Corporate
125 710
167 500
-
-
income

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

113 139
150 750
-
-
total
113 139
150 750
-
-
Dividends
12 571
16 750
-
-
withholding
2 388
3 183
-
-
total
2 388
3 183
-
-
Income
167 500
167 500
167 500
167 500
Total tax
135 249
153 933
76 839
52 964
After tax
32 251
13 567
90 661
114 536
Living cost
22 069
22 069
22 069
22 069
Free-cash
10 182
-8 502
68 592
92 467

Estimated living cost  is ₽22069 per week

₽16174
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1223
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽461
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4211
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

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

Source of data for Gdansk model

Close
Batumi , Georgia
₽150046
₽148345
₽156746
₽124921
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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%.

-
-
-
167 500
microenterprise

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

-
-
-
1 675
total
-
-
-
1 675
Employee
11 349
-
167 500
-
income
2 269
-
33 500
-
total
2 269
-
33 500
-
Employer
-
-
-
-
total
-
-
-
-
Corporate

We will register your company as part of a virtual zone. Your non-Georgian corporate tax will be zero. Turnover in Georgia will be taxed at 15%.

156 151
167 500
-
-
total
-
-
-
-
Dividends
156 151
167 500
-
-
withholding
7 807
8 375
-
-
total
7 807
8 375
-
-
Income
167 500
167 500
167 500
167 500
Total tax
10 076
8 375
33 500
1 675
After tax
157 424
159 125
134 000
165 825
Living cost
9 079
9 079
9 079
9 079
Free-cash
148 345
150 046
124 921
156 746

Estimated living cost  is ₽9079 per week

₽5627
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽755
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽250
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2448
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

Social security system in Georgia is financed from the government taxes which are part of our internal model. Separate pension and medical insurance contributions are not compulsory. It is advisable to purchase health insurance privately as in an event of medical emergency the treatment is likely to get costly.

Source of data for Batumi model

Close
Bratislava , Slovakia
₽96173
₽89356
₽64850
₽68285
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
167 500
income
-
-
-
24 887
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
-
-
-
75 760
Employee
36 642
-
133 785
-
health
513
-
1 873
-
income
6 308
-
26 032
-
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
-
9 365
-
unemployment
366
-
1 339
-
total
9 751
-
38 609
-
Employer
36 642
-
133 785
-
accident
293
-
1 071
-
other
1 833
-
6 689
-
unemployment
366
-
1 339
-
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
-
22 744
-
health
513
-
1 873
-
total
9 235
-
33 716
-
Corporate
121 624
167 500
-
-
income
25 542
35 174
-
-
total
25 542
35 174
-
-
Dividends
96 082
132 326
-
-
withholding
6 726
9 263
-
-
total
6 726
9 263
-
-
Income
167 500
167 500
167 500
167 500
Total tax
51 254
44 437
72 325
75 760
After tax
116 246
123 063
95 175
91 740
Living cost
26 890
26 890
26 890
26 890
Free-cash
89 356
96 173
68 285
64 850

Estimated living cost  is ₽26890 per week

₽19000
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1816
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽433
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5642
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Bratislava model

Close
London , United Kingdom
₽43089
₽43864
₽44163
₽28942
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
167 500
income
-
-
-
46 717
pensions
-
-
-
8 893
total
-
-
-
55 610
Employee
95 823
-
146 422
-
health
1 579
-
2 166
-
income
17 273
-
36 569
-
pensions
9 244
-
11 018
-
total
28 096
-
49 753
-
Employer
95 823
-
146 422
-
pensions
11 314
-
18 297
-
health
1 820
-
2 781
-
total
13 134
-
21 078
-
Corporate
58 543
167 500
-
-
income

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

11 122
31 825
-
-
total
11 122
31 825
-
-
Dividends
47 421
135 675
-
-
withholding
3 557
24 859
-
-
total
3 557
24 859
-
-
Income
167 500
167 500
167 500
167 500
Total tax
55 909
56 684
70 831
55 610
After tax
111 591
110 816
96 669
111 890
Living cost
67 727
67 727
67 727
67 727
Free-cash
43 864
43 089
28 942
44 163

Estimated living cost  is ₽67727 per week

₽50749
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽7957
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽551
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8470
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details

Additional information

The only visa which will gain you entry to the UK as a freelancer is Tier 1 (with an exception of EU nationals or long-term UK residence permit holders, up until Brexit). There are two Tier 1 visa pathways.

You can either apply for an Entrepreneur visa which requires an investment of at least £200000 and creating two full time jobs, or choose an Exceptional Talent visa, which has no financial requirements but is more difficult to obtain.

Source of data for London model

Close
Varna , Bulgaria
₽129974
₽125283
₽119719
₽126175
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
167 500
income
-
-
-
25 125
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
-
-
-
34 542
Employee
17 531
-
160 580
-
health
806
-
1 622
-
accident

We are using the highest rate at 1.1%.

193
-
388
-
income
1 753
-
16 058
-
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
-
21 165
-
Employer
17 531
-
160 580
-
accident

We are using the highest rate at 1.1%.

193
-
388
-
unemployment
105
-
212
-
pensions

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

1 932
-
3 887
-
health
1 210
-
2 434
-
total
3 440
-
6 921
-
Corporate
146 529
167 500
-
-
income
14 653
16 750
-
-
total
14 653
16 750
-
-
Dividends
131 876
150 750
-
-
withholding
6 594
7 537
-
-
total
6 594
7 537
-
-
Income
167 500
167 500
167 500
167 500
Total tax
28 978
24 287
28 086
34 542
After tax
138 522
143 213
139 414
132 958
Living cost
13 239
13 239
13 239
13 239
Free-cash
125 283
129 974
126 175
119 719

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
₽26815
₽29354
₽37228
₽47577
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
167 500
income
-
-
-
50 044
pensions
-
-
-
11 824
health
-
-
-
12 444
total
-
-
-
74 312
Employee
93 563
86 179
148 746
-
health
11 672
11 251
12 444
-
income

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

14 106
14 106
20 941
-
pensions
11 824
11 824
11 824
-
total
37 602
37 181
45 209
-
Employer
93 563
86 179
148 746
-
unemployment
3 369
3 102
3 855
-
pensions
6 511
5 998
7 455
-
health
6 502
5 990
7 444
-
total
16 382
15 090
18 754
-
Corporate
57 556
66 230
-
-
income
11 512
13 247
-
-
total
11 512
13 247
-
-
Dividends
46 044
52 984
-
-
income
9 784
11 259
-
-
withholding
6 906
7 948
-
-
total
16 690
19 207
-
-
Income
167 500
167 500
167 500
167 500
Total tax
82 186
84 725
63 963
74 312
After tax
85 314
82 775
103 537
93 188
Living cost
55 960
55 960
55 960
55 960
Free-cash
29 354
26 815
47 577
37 228

Estimated living cost  is ₽55960 per week

₽41280
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4998
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽642
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9041
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Amsterdam model

Close
Brno , Czech Republic
₽91154
₽82532
₽69423
₽62149
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
167 500
income
-
-
-
16 516
health
-
-
-
22 612
solidarity contribution
-
-
-
-
social contributions
-
-
-
34 779
total
-
-
-
73 907
Employee
35 544
-
126 352
-
social contributions
2 310
-
7 742
-
health
4 798
-
17 057
-
solidarity contribution
-
-
-
-
income
4 265
-
15 233
-
total
11 373
-
40 032
-
Employer
35 544
-
126 352
-
social contributions
8 886
-
29 777
-
health
3 199
-
11 372
-
total
12 085
-
41 149
-
Corporate
119 871
167 500
-
-
income
22 776
31 825
-
-
total
22 776
31 825
-
-
Dividends
97 096
135 675
-
-
withholding
14 564
20 351
-
-
total
14 564
20 351
-
-
Income
167 500
167 500
167 500
167 500
Total tax
60 798
52 176
81 181
73 907
After tax
106 702
115 324
86 319
93 593
Living cost
24 170
24 170
24 170
24 170
Free-cash
82 532
91 154
62 149
69 423

Estimated living cost  is ₽24170 per week

₽16789
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1719
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽475
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5186
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Brno model

Close
Milan , Italy
₽46785
₽41516
₽38069
₽30502
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
167 500
municipal
-
-
-
996
regional
-
-
-
1 965
national
-
-
-
40 805
social contributions
-
-
-
43 082
total
-
-
-
86 848
Employee
89 689
-
167 500
-
social contributions
30 243
-
56 482
-
regional
846
-
1 734
-
municipal
475
-
889
-
national
15 541
-
35 310
-
total
47 105
-
94 415
-
Employer
89 689
-
167 500
-
total
-
-
-
-
Corporate
77 811
167 500
-
-
nationa
18 674
40 200
-
-
municipal
3 035
6 532
-
-
total
21 709
46 732
-
-
Dividends
56 102
120 768
-
-
withholding
14 587
31 400
-
-
total
14 587
31 400
-
-
Income
167 500
167 500
167 500
167 500
Total tax
83 401
78 132
94 415
86 848
After tax
84 099
89 368
73 085
80 652
Living cost
42 583
42 583
42 583
42 583
Free-cash
41 516
46 785
30 502
38 069

Estimated living cost  is ₽42583 per week

₽29684
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2792
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽653
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9453
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Milan model

Close
Thessaloniki , Greece
₽83088
₽79948
₽57129
₽50853
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
167 500
income
-
-
-
44 675
pensions
-
-
-
26 938
other
-
-
-
-
unemployment
-
-
-
230
health
-
-
-
9 562
surtax
-
-
-
6 697
total
-
-
-
88 102
Employee
33 373
-
139 149
-
other
-
-
-
-
health
852
-
3 434
-
surtax
109
-
5 596
-
income
5 594
-
38 639
-
pensions
2 225
-
8 984
-
unemployment
2 323
-
9 374
-
total
11 103
-
66 027
-
Employer
33 373
-
139 149
-
other
-
-
-
-
unemployment
1 057
-
4 269
-
pensions
4 449
-
17 954
-
health
1 519
-
6 128
-
total
7 025
-
28 351
-
Corporate
127 103
167 500
-
-
income
33 047
43 549
-
-
total
33 047
43 549
-
-
Dividends
94 056
123 951
-
-
withholding
14 108
18 594
-
-
total
14 108
18 594
-
-
Income
167 500
167 500
167 500
167 500
Total tax
65 283
62 143
94 378
88 102
After tax
102 217
105 357
73 122
79 398
Living cost
22 269
22 269
22 269
22 269
Free-cash
79 948
83 088
50 853
57 129

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
₽64547
₽71236
₽65621
₽50400
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
167 500
income
-
-
-
46 717
pensions
-
-
-
8 893
total
-
-
-
55 610
Employee
64 218
-
146 422
-
health
932
-
2 166
-
income
11 566
-
36 569
-
pensions
5 451
-
11 018
-
total
17 949
-
49 753
-
Employer
64 218
-
146 422
-
pensions
6 952
-
18 297
-
health
1 220
-
2 781
-
total
8 172
-
21 078
-
Corporate
95 110
167 500
-
-
income

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

18 072
31 825
-
-
total
18 072
31 825
-
-
Dividends
77 039
135 675
-
-
withholding
5 802
24 859
-
-
total
5 802
24 859
-
-
Income
167 500
167 500
167 500
167 500
Total tax
49 995
56 684
70 831
55 610
After tax
117 505
110 816
96 669
111 890
Living cost
46 269
46 269
46 269
46 269
Free-cash
71 236
64 547
50 400
65 621

Estimated living cost  is ₽46269 per week

₽34665
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3468
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽484
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7652
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details

Additional information

The only visa which will gain you entry to the UK as a freelancer is Tier 1 (with an exception of EU nationals or long-term UK residence permit holders, up until Brexit). There are two Tier 1 visa pathways.

You can either apply for an Entrepreneur visa which requires an investment of at least £200000 and creating two full time jobs, or choose an Exceptional Talent visa, which has no financial requirements but is more difficult to obtain.

Source of data for Cambridge model

Close
Zurich , Switzerland
₽321
₽32954
₽59749
₽51848
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
167 500
city
-
-
-
1 765
pensions
-
-
-
15 409
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.

-
-
-
3 350
regional
-
-
-
8 055
health
-
-
-
376
national
-
-
-
2 523
total
-
-
-
31 478
Employee
89 259
-
149 920
-
city
958
-
1 610
-
regional
2 923
-
6 960
-
health
202
-
337
-
pensions
7 499
-
12 594
-
unemployment
-
-
-
-
national
422
-
1 948
-
total
12 004
-
23 449
-
Employer
89 259
-
149 920
-
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
-
2 999
-
unemployment
-
-
-
-
pensions
7 499
-
12 594
-
health
202
-
337
-
total
9 486
-
15 930
-
Corporate
67 775
167 500
-
-
regional
14 334
35 426
-
-
national
5 761
14 238
-
-
total
20 095
49 664
-
-
Dividends
47 680
117 836
-
-
withholding
16 688
41 242
-
-
total
16 688
41 242
-
-
Income
167 500
167 500
167 500
167 500
Total tax
58 273
90 906
39 379
31 478
After tax
109 227
76 594
128 121
136 022
Living cost
76 273
76 273
76 273
76 273
Free-cash
32 954
321
51 848
59 749

Estimated living cost  is ₽76273 per week

₽49599
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽6845
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽936
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽18892
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details

Additional information

It is extremely rare that a Third Country National (non-EU/EFTA/Swiss and without a long-term EU resident permit) is given a residence permit based on self-employment.

Source of data for Zurich model

Close
Munich , Germany
₽36543
₽52910
₽40272
₽60952
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
167 500
trade
-
-
-
20 679
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.

-
-
-
50 639
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.

-
-
-
2 785
total
-
-
-
80 997
Employee

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

60 649
-
167 500
-
health

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

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

6 894
-
6 894
-
surtax

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

393
-
2 785
-
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
-
50 639
-
total
14 419
-
60 318
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
106 851
167 500
-
-
surtax

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

881
1 383
-
-
income
16 027
25 126
-
-
trade
18 325
28 726
-
-
chamber of commerce
304
389
-
-
total
35 537
55 624
-
-
Dividends
71 313
111 876
-
-
surtax

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

959
1 517
-
-
withholding
17 445
27 585
-
-
total
18 404
29 102
-
-
Income
167 500
167 500
167 500
167 500
Total tax
68 360
84 726
60 318
80 997
After tax
99 140
82 774
107 182
86 503
Living cost
46 230
46 230
46 230
46 230
Free-cash
52 910
36 543
60 952
40 272

Estimated living cost  is ₽46230 per week

₽33765
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3698
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽601
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8168
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

Nationals of Europe, Australia, Canada, Israel, Japan, the Republic of Korea, New Zealand and the USA do not require an entry type D visa (not to confuse with a Schengen visa or a visa-free entry). For other nationals, waiting time is around 6-9 months which includes document preparation and processing.

Source of data for Munich model

Close
Nice , France
₽49891
₽55856
₽60032
₽58658
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
167 500
income
-
-
-
25 370
pensions
-
-
-
30 845
other
-
-
-
5 192
health
-
-
-
6 762
surtax
-
-
-
-
social contributions
-
-
-
4 772
total
-
-
-
72 941
Employee
43 191
-
130 365
-
social contributions
1 231
-
3 713
-
surtax
-
-
-
-
income
2 549
-
24 704
-
pensions
4 883
-
8 762
-
total
8 663
-
37 179
-
Employer
43 191
-
130 365
-
other
1 490
-
4 957
-
social contributions
130
-
391
-
unemployment
1 748
-
5 280
-
pensions
7 095
-
14 804
-
health
3 024
-
11 704
-
total
13 487
-
37 136
-
Corporate
110 821
167 500
-
-
surtax
-
-
-
-
income
31 030
46 900
-
-
total
31 030
46 900
-
-
Dividends
79 791
120 600
-
-
surtax
-
-
-
-
social contributions
13 724
20 744
-
-
withholding
10 213
15 438
-
-
total
23 937
36 182
-
-
Income
167 500
167 500
167 500
167 500
Total tax
77 117
83 082
74 315
72 941
After tax
90 383
84 418
93 185
94 559
Living cost
34 527
34 527
34 527
34 527
Free-cash
55 856
49 891
58 658
60 032

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
₽53312
₽58919
₽63453
₽62079
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
167 500
income
-
-
-
25 370
pensions
-
-
-
30 845
other
-
-
-
5 192
health
-
-
-
6 762
surtax
-
-
-
-
social contributions
-
-
-
4 772
total
-
-
-
72 941
Employee
38 554
-
130 365
-
social contributions
1 099
-
3 713
-
surtax
-
-
-
-
income
1 988
-
24 704
-
pensions
4 361
-
8 762
-
total
7 448
-
37 179
-
Employer
38 554
-
130 365
-
other
1 331
-
4 957
-
social contributions
115
-
391
-
unemployment
1 561
-
5 280
-
pensions
6 335
-
14 804
-
health
2 698
-
11 704
-
total
12 040
-
37 136
-
Corporate
116 906
167 500
-
-
surtax
-
-
-
-
income
32 735
46 900
-
-
total
32 735
46 900
-
-
Dividends
84 171
120 600
-
-
surtax
-
-
-
-
social contributions
14 478
20 744
-
-
withholding
10 774
15 438
-
-
total
25 252
36 182
-
-
Income
167 500
167 500
167 500
167 500
Total tax
77 475
83 082
74 315
72 941
After tax
90 025
84 418
93 185
94 559
Living cost
31 106
31 106
31 106
31 106
Free-cash
58 919
53 312
62 079
63 453

Estimated living cost  is ₽31106 per week

₽18040
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3160
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽590
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9317
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Marseille model

Close
Vilnius , Lithuania
₽80790
₽81315
₽86168
₽83016
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
167 500
income
-
-
-
25 126
health
-
-
-
11 692
social contributions
-
-
-
23 115
total
-
-
-
59 933
Employee
34 217
-
167 500
-
social contributions
4 723
-
23 115
-
health
2 388
-
11 692
-
income
5 707
-
28 278
-
total
12 818
-
63 085
-
Employer
34 217
-
167 500
-
total
-
-
-
-
Corporate
133 283
167 500
-
-
income

The standard tax rate is 15%. However, small companies and agricultural companies can apply a reduced corporate income tax rate of 0% to the first year of operation when certain conditions are met; and 5% to revenues of less than €300,000 per year. We made calculations based on 5% and skipped 0%.

6 665
8 375
-
-
total
6 665
8 375
-
-
Dividends
126 619
159 125
-
-
health
8 838
11 108
-
-
social contributions
17 473
21 958
-
-
withholding
18 992
23 870
-
-
total
45 303
56 936
-
-
Income
167 500
167 500
167 500
167 500
Total tax
64 786
65 311
63 085
59 933
After tax
102 714
102 189
104 415
107 567
Living cost
21 399
21 399
21 399
21 399
Free-cash
81 315
80 790
83 016
86 168

Estimated living cost  is ₽21399 per week

₽14321
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1319
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽492
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5265
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Vilnius model

Close
Vienna , Austria
₽57215
₽55656
₽50381
₽8744
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
167 500
chamber of commerce
-
-
-
670
income
-
-
-
43 672
pensions
-
-
-
21 811
unemployment
-
-
-
6 190
health
-
-
-
9 018
surtax
-
-
-
199
total
-
-
-
81 560
Employee
50 434
40 217
132 318
-
other
504
402
1 180
-
health
1 951
1 557
4 562
-
income
5 741
2 966
34 541
-
pensions
5 165
4 117
12 073
-
unemployment
1 513
1 207
3 537
-
total
14 874
10 249
55 893
-
Employer
50 434
40 217
132 318
-
accident
655
523
1 532
-
other
2 396
1 909
6 163
-
chamber of commerce
201
161
529
-
unemployment
1 513
1 207
3 537
-
surtax
199
199
199
-
pensions
6 329
5 048
14 796
-
payroll
1 513
1 207
3 970
-
health
1 906
1 521
4 456
-
total
14 712
11 775
35 182
-
Corporate
102 355
115 509
128 488
-
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.

25 589
28 878
32 122
-
total
25 589
28 878
32 122
-
Dividends
76 765
86 632
-
-
withholding
21 110
23 824
-
-
total
21 110
23 824
-
-
Income
167 500
167 500
167 500
167 500
Total tax
76 285
74 726
123 197
81 560
After tax
91 215
92 774
44 303
85 940
Living cost
35 559
35 559
35 559
35 559
Free-cash
55 656
57 215
8 744
50 381

Estimated living cost  is ₽35559 per week

₽23716
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3033
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽584
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8225
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

As a Third Country National (non-EU/EFTA/Swiss and without a long-term EU resident permit), you can apply for permanent residence when your business creates macroeconomic benefit. This could be an investment starting from €100,000, creating new jobs or securing existing ones, or making a substantial contribution to the region's economy. You can also be considered with a transfer of know-how to Austria or an evident commitment to develop an innovative product or technology.

Source of data for Vienna model

Close
Brussels , Belgium
₽56902
₽41767
₽35755
₽22750
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
167 500
national
-
-
-
61 248
communal

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

-
-
-
8 541
social contributions
-
-
-
25 160
total
-
-
-
94 949
Employee

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

72 186
-
129 736
-
communal

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

3 765
-
6 766
-
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
-
6 098
-
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
-
9 731
-
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
-
1 128
-
national
22 193
-
46 468
-
total
35 392
-
70 191
-
Employer

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

72 186
-
129 736
-
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
-
1 685
-
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
-
1 894
-
surtax
8 185
-
14 712
-
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
-
11 494
-
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
-
7 978
-
total
21 011
-
37 763
-
Corporate
74 301
167 500
-
-
surtax
297
670
-
-
income
14 861
33 501
-
-
total
15 158
34 171
-
-
Dividends
59 143
133 329
-
-
withholding

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

17 376
39 631
-
-
total
17 376
39 631
-
-
Income
167 500
167 500
167 500
167 500
Total tax
88 937
73 802
107 954
94 949
After tax
78 563
93 698
59 546
72 551
Living cost
36 796
36 796
36 796
36 796
Free-cash
41 767
56 902
22 750
35 755

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
₽75328
₽68221
₽57670
₽53435
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
167 500
accident
-
-
-
843
income
-
-
-
45 323
pensions
-
-
-
26 470
other
-
-
-
94
unemployment
-
-
-
655
total
-
-
-
73 385
Employee
50 234
-
137 680
-
other
50
-
94
-
income
10 599
-
41 859
-
pensions
2 361
-
4 397
-
unemployment
779
-
1 450
-
total
13 789
-
47 800
-
Employer
50 234
-
137 680
-
accident
994
-
1 852
-
other
400
-
749
-
unemployment
2 763
-
5 144
-
pensions
11 854
-
22 075
-
total
16 011
-
29 820
-
Corporate
101 254
167 500
-
-
income

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

15 189
25 126
-
-
total
15 189
25 126
-
-
Dividends
86 065
142 374
-
-
withholding
17 845
30 601
-
-
total
17 845
30 601
-
-
Income
167 500
167 500
167 500
167 500
Total tax
62 834
55 727
77 620
73 385
After tax
104 666
111 773
89 880
94 115
Living cost
36 445
36 445
36 445
36 445
Free-cash
68 221
75 328
53 435
57 670

Estimated living cost  is ₽36445 per week

₽26838
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2585
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽525
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6496
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Barcelona model

Close
Luxembourg , Luxembourg
₽43776
₽31355
₽29121
₽35799
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
167 500
accident
-
-
-
1 411
income
-
-
-
26 360
pensions
-
-
-
25 107
health
-
-
-
11 768
surtax
-
-
-
8 304
communal
-
-
-
10 587
total
-
-
-
83 537
Employee
76 423
-
149 621
-
health
3 401
-
6 659
-
surtax
4 684
-
9 169
-
income
7 382
-
31 183
-
pensions
6 113
-
11 969
-
total
21 580
-
58 980
-
Employer
76 423
-
149 621
-
accident
688
-
1 346
-
pensions
6 113
-
11 969
-
health
2 331
-
4 564
-
total
9 132
-
17 879
-
Corporate
81 945
167 500
-
-
surtax
860
1 758
-
-
communal
5 531
11 307
-
-
income
12 291
25 126
-
-
total
18 682
38 191
-
-
Dividends
63 264
129 309
-
-
income
22 420
11 295
-
-
withholding
9 489
19 396
-
-
total
31 909
30 691
-
-
Income
167 500
167 500
167 500
167 500
Total tax
81 303
68 882
76 859
83 537
After tax
86 197
98 618
90 641
83 963
Living cost
54 842
54 842
54 842
54 842
Free-cash
31 355
43 776
35 799
29 121

Estimated living cost  is ₽54842 per week

₽41140
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3323
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽580
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9798
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Luxembourg model

Close
Athens , Greece
₽82690
₽79482
₽56731
₽50455
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
167 500
income
-
-
-
44 675
pensions
-
-
-
26 938
other
-
-
-
-
unemployment
-
-
-
230
health
-
-
-
9 562
surtax
-
-
-
6 697
total
-
-
-
88 102
Employee
33 985
-
139 149
-
other
-
-
-
-
health
868
-
3 434
-
surtax
121
-
5 596
-
income
5 697
-
38 639
-
pensions
2 267
-
8 984
-
unemployment
2 365
-
9 374
-
total
11 318
-
66 027
-
Employer
33 985
-
139 149
-
other
-
-
-
-
unemployment
1 078
-
4 269
-
pensions
4 531
-
17 954
-
health
1 545
-
6 128
-
total
7 154
-
28 351
-
Corporate
126 360
167 500
-
-
income
32 853
43 549
-
-
total
32 853
43 549
-
-
Dividends
93 507
123 951
-
-
withholding
14 026
18 594
-
-
total
14 026
18 594
-
-
Income
167 500
167 500
167 500
167 500
Total tax
65 351
62 143
94 378
88 102
After tax
102 149
105 357
73 122
79 398
Living cost
22 667
22 667
22 667
22 667
Free-cash
79 482
82 690
50 455
56 731

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
₽60856
₽58616
₽52907
₽45381
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
167 500
municipal
-
-
-
996
regional
-
-
-
2 525
national
-
-
-
40 805
social contributions
-
-
-
43 082
total
-
-
-
87 408
Employee
55 980
-
167 500
-
social contributions
18 877
-
56 482
-
regional
754
-
2 253
-
municipal
297
-
889
-
national
8 869
-
35 310
-
total
28 797
-
94 934
-
Employer
55 980
-
167 500
-
total
-
-
-
-
Corporate
111 520
167 500
-
-
nationa
26 765
40 200
-
-
municipal
5 542
8 325
-
-
total
32 307
48 525
-
-
Dividends
79 212
118 976
-
-
withholding
20 595
30 934
-
-
total
20 595
30 934
-
-
Income
167 500
167 500
167 500
167 500
Total tax
81 699
79 459
94 934
87 408
After tax
85 801
88 041
72 566
80 092
Living cost
27 185
27 185
27 185
27 185
Free-cash
58 616
60 856
45 381
52 907

Estimated living cost  is ₽27185 per week

₽16906
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2754
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽465
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7059
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Naples model

Close
Prague , Czech Republic
₽85541
₽74915
₽63810
₽56536
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
167 500
income
-
-
-
16 516
health
-
-
-
22 612
solidarity contribution
-
-
-
-
social contributions
-
-
-
34 779
total
-
-
-
73 907
Employee
43 799
-
126 352
-
social contributions
2 847
-
7 742
-
health
5 913
-
17 057
-
solidarity contribution
-
-
-
-
income
5 256
-
15 233
-
total
14 016
-
40 032
-
Employer
43 799
-
126 352
-
social contributions
10 950
-
29 777
-
health
3 942
-
11 372
-
total
14 892
-
41 149
-
Corporate
108 809
167 500
-
-
income
20 674
31 825
-
-
total
20 674
31 825
-
-
Dividends
88 135
135 675
-
-
withholding
13 220
20 351
-
-
total
13 220
20 351
-
-
Income
167 500
167 500
167 500
167 500
Total tax
62 802
52 176
81 181
73 907
After tax
104 698
115 324
86 319
93 593
Living cost
29 783
29 783
29 783
29 783
Free-cash
74 915
85 541
56 536
63 810

Estimated living cost  is ₽29783 per week

₽22149
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1650
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽515
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5469
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Prague model

Close
Graz , Austria
₽60688
₽60189
₽53943
₽12170
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
167 500
chamber of commerce
-
-
-
670
income
-
-
-
43 672
pensions
-
-
-
21 811
unemployment
-
-
-
6 190
health
-
-
-
9 018
surtax
-
-
-
-
total
-
-
-
81 361
Employee
44 114
40 217
132 504
-
other
440
402
1 180
-
health
1 706
1 557
4 562
-
income
3 930
2 966
34 619
-
pensions
4 518
4 117
12 073
-
unemployment
1 323
1 207
3 537
-
total
11 917
10 249
55 971
-
Employer
44 114
40 217
132 504
-
accident
573
523
1 532
-
other
2 095
1 909
6 168
-
chamber of commerce
176
161
530
-
unemployment
1 323
1 207
3 537
-
surtax
-
-
-
-
pensions
5 537
5 048
14 796
-
payroll
1 323
1 207
3 976
-
health
1 668
1 521
4 456
-
total
12 695
11 576
34 995
-
Corporate
110 691
115 708
128 674
-
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.

27 673
28 927
32 168
-
total
27 673
28 927
32 168
-
Dividends
83 018
86 781
-
-
withholding
22 830
23 864
-
-
total
22 830
23 864
-
-
Income
167 500
167 500
167 500
167 500
Total tax
75 115
74 616
123 134
81 361
After tax
92 385
92 884
44 366
86 139
Living cost
32 196
32 196
32 196
32 196
Free-cash
60 189
60 688
12 170
53 943

Estimated living cost  is ₽32196 per week

₽19314
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3288
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽575
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9020
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

As a Third Country National (non-EU/EFTA/Swiss and without a long-term EU resident permit), you can apply for permanent residence when your business creates macroeconomic benefit. This could be an investment starting from €100,000, creating new jobs or securing existing ones, or making a substantial contribution to the region's economy. You can also be considered with a transfer of know-how to Austria or an evident commitment to develop an innovative product or technology.

Source of data for Graz model

Close
Tbilisi , Georgia
₽144976
₽142324
₽151676
₽119851
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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%.

-
-
-
167 500
microenterprise

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

-
-
-
1 675
total
-
-
-
1 675
Employee
17 686
-
167 500
-
income
3 537
-
33 500
-
total
3 537
-
33 500
-
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%.

149 814
167 500
-
-
total
-
-
-
-
Dividends
149 814
167 500
-
-
withholding
7 490
8 375
-
-
total
7 490
8 375
-
-
Income
167 500
167 500
167 500
167 500
Total tax
11 027
8 375
33 500
1 675
After tax
156 473
159 125
134 000
165 825
Living cost
14 149
14 149
14 149
14 149
Free-cash
142 324
144 976
119 851
151 676

Estimated living cost  is ₽14149 per week

₽9574
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽594
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽474
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3505
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

Social security system in Georgia is financed from the government taxes which are part of our internal model. Separate pension and medical insurance contributions are not compulsory. It is advisable to purchase health insurance privately as in an event of medical emergency the treatment is likely to get costly.

Source of data for Tbilisi model

Close
Ljubljana , Slovenia
₽88255
₽79816
₽55261
₽50824
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
167 500
income
-
-
-
37 849
pensions
-
-
-
30 590
unemployment
-
-
-
251
health
-
-
-
16 481
total
-
-
-
85 171
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
-
144 933
-
health
2 882
-
9 363
-
income
7 696
-
35 011
-
pensions
6 917
-
22 464
-
unemployment
63
-
203
-
total
17 558
-
67 041
-
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
-
144 933
-
unemployment
27
-
86
-
pensions
3 949
-
12 827
-
health
2 972
-
9 654
-
total
6 948
-
22 567
-
Corporate
115 926
167 500
-
-
income
22 025
31 825
-
-
total
22 025
31 825
-
-
Dividends
93 901
135 675
-
-
withholding
14 085
20 352
-
-
total
14 085
20 352
-
-
Income
167 500
167 500
167 500
167 500
Total tax
60 616
52 177
89 608
85 171
After tax
106 884
115 323
77 892
82 329
Living cost
27 068
27 068
27 068
27 068
Free-cash
79 816
88 255
50 824
55 261

Estimated living cost  is ₽27068 per week

₽18576
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1735
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽525
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6234
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Ljubljana model

Close
Oslo , Norway
₽58327
₽10286
₽72176
₽110633
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
167 500
income
-
-
-
32 649
social contributions
-
-
-
19 095
total
-
-
-
51 744
Employee
62 487
-
-
-
social contributions
5 124
-
730
-
income
13 783
-
-
-
total
18 907
-
730
-
Employer
62 487
-
-
-
social contributions
88 107
-
12 557
-
total
88 107
-
12 557
-
Corporate
16 906
167 500
-
-
income
3 719
36 850
-
-
total
3 719
36 850
-
-
Dividends
13 187
130 650
-
-
income
2 901
28 743
-
-
total
2 901
28 743
-
-
Income
167 500
167 500
167 500
167 500
Total tax
113 634
65 593
13 287
51 744
After tax
53 866
101 907
154 213
115 756
Living cost
43 580
43 580
43 580
43 580
Free-cash
10 286
58 327
110 633
72 176

Estimated living cost  is ₽43580 per week

₽28276
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4099
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽555
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10649
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Oslo model

Close
Lisbon , Portugal
₽63621
₽62603
₽58456
₽46008
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
167 500
income
-
-
-
19 183
surtax
-
-
-
-
social contributions

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

-
-
-
58 207
total
-
-
-
77 390
Employee
46 414
-
135 353
-
social contributions
5 106
-
14 890
-
surtax
-
-
-
-
income
9 654
-
42 801
-
total
14 760
-
57 691
-
Employer
46 414
-
135 353
-
social contributions
11 023
-
32 147
-
total
11 023
-
32 147
-
Corporate
110 063
167 500
-
-
surtax
-
-
-
-
income
23 113
35 174
-
-
total
23 113
35 174
-
-
Dividends
86 950
132 326
-
-
withholding
24 347
37 051
-
-
total
24 347
37 051
-
-
Income
167 500
167 500
167 500
167 500
Total tax
73 243
72 225
89 838
77 390
After tax
94 257
95 275
77 662
90 110
Living cost
31 654
31 654
31 654
31 654
Free-cash
62 603
63 621
46 008
58 456

Estimated living cost  is ₽31654 per week

₽23684
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1867
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽529
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5575
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Lisbon model

Close
Paris , France
₽35676
₽42616
₽45817
₽44443
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
167 500
income
-
-
-
25 370
pensions
-
-
-
30 845
other
-
-
-
5 192
health
-
-
-
6 762
surtax
-
-
-
-
social contributions
-
-
-
4 772
total
-
-
-
72 941
Employee
63 206
-
130 365
-
social contributions
1 800
-
3 713
-
surtax
-
-
-
-
income
5 515
-
24 704
-
pensions
7 149
-
8 762
-
total
14 464
-
37 179
-
Employer
63 206
-
130 365
-
other
2 181
-
4 957
-
social contributions
190
-
391
-
unemployment
2 560
-
5 280
-
pensions
10 386
-
14 804
-
health
4 424
-
11 704
-
total
19 741
-
37 136
-
Corporate
84 553
167 500
-
-
surtax
-
-
-
-
income
23 674
46 900
-
-
total
23 674
46 900
-
-
Dividends
60 879
120 600
-
-
surtax
-
-
-
-
social contributions
10 472
20 744
-
-
withholding
7 792
15 438
-
-
total
18 264
36 182
-
-
Income
167 500
167 500
167 500
167 500
Total tax
76 143
83 082
74 315
72 941
After tax
91 357
84 418
93 185
94 559
Living cost
48 742
48 742
48 742
48 742
Free-cash
42 616
35 676
44 443
45 817

Estimated living cost  is ₽48742 per week

₽32987
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3987
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽668
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽11098
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Paris model

Close
Andorra , Andorra
₽120416
₽117024
₽93379
₽97829
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
167 500
income
-
-
-
6 936
social contributions
-
-
-
36 850
total
-
-
-
43 786
Employee
32 444
-
145 021
-
income
-
-
7 431
-
social contributions
2 109
-
9 426
-
total
2 109
-
16 857
-
Employer
32 444
-
145 021
-
social contributions
5 029
-
22 479
-
total
5 029
-
22 479
-
Corporate
130 027
167 500
-
-
income
13 003
16 749
-
-
total
13 003
16 749
-
-
Dividends
117 024
150 751
-
-
total
-
-
-
-
Income
167 500
167 500
167 500
167 500
Total tax
20 141
16 749
39 336
43 786
After tax
147 359
150 751
128 164
123 714
Living cost
30 335
30 335
30 335
30 335
Free-cash
117 024
120 416
97 829
93 379

Estimated living cost  is ₽30335 per week

₽19614
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2287
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽571
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7863
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

Andorra has a limit of 1000 sole-trade resident permits per year, so while it isn't complicated to obtain one, it may get difficult by the end of the term.

Source of data for Andorra model

Close
Copenhagen , Denmark
-₽52471
-₽52471
₽50762
-₽52471
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
167 500
municipal
-
-
-
34 584
pensions
-
-
-
875
national
-
-
-
19 326
labour market
-
-
-
13 330
total
-
-
-
68 115
Employee
205 225
205 225
205 225
-
labour market
16 395
16 395
16 395
-
national
25 072
25 072
25 072
-
municipal
43 701
43 701
43 701
-
pensions
292
292
292
-
total
85 460
85 460
85 460
-
Employer
205 225
205 225
205 225
-
labour market
16 418
16 418
16 418
-
municipal
43 771
43 771
43 771
-
pensions
583
583
583
-
national
25 116
25 116
25 116
-
total
85 888
85 888
85 888
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
167 500
167 500
167 500
167 500
Total tax
171 348
171 348
171 348
68 115
After tax
-3 848
-3 848
-3 848
99 385
Living cost
48 623
48 623
48 623
48 623
Free-cash
-52 471
-52 471
-52 471
50 762

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
-₽8176
₽10233
₽92793
₽68918
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
167 500
accident
-
-
-
253
income
-
-
-
45 977
pensions
-
-
-
4 174
other
-
-
-
372
health
-
-
-
2 188
total
-
-
-
52 964
Employee
34 203
-
150 258
-
health
3 917
-
17 204
-
income
4 692
-
34 740
-
pensions
3 852
-
7 653
-
total
12 461
-
59 597
-
Employer
34 203
-
150 258
-
accident
571
-
2 509
-
unemployment
838
-
3 681
-
pensions
5 561
-
11 052
-
total
6 970
-
17 242
-
Corporate
126 326
167 500
-
-
income

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

113 693
150 750
-
-
total
113 693
150 750
-
-
Dividends
12 633
16 750
-
-
withholding
2 400
3 183
-
-
total
2 400
3 183
-
-
Income
167 500
167 500
167 500
167 500
Total tax
135 524
153 933
76 839
52 964
After tax
31 976
13 567
90 661
114 536
Living cost
21 743
21 743
21 743
21 743
Free-cash
10 233
-8 176
68 918
92 793

Estimated living cost  is ₽21743 per week

₽15827
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1239
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽408
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4269
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

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

Source of data for Krakow model

Close
Helsinki , Finland
₽66850
₽69140
₽70782
₽49775
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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

-
-
-
167 500
municipal
-
-
-
29 762
health
-
-
-
2 158
national
-
-
-
26 053
total
-
-
-
57 973
Employee
53 094
-
140 909
-
health
396
-
1 748
-
municipal
8 696
-
22 956
-
pensions
3 583
-
9 512
-
unemployment
797
-
2 114
-
national
877
-
16 059
-
total
14 349
-
52 389
-
Employer
53 094
-
140 909
-
accident
54
-
142
-
unemployment
345
-
915
-
pensions
9 212
-
24 448
-
health
408
-
1 086
-
total
10 019
-
26 591
-
Corporate
104 388
167 500
-
-
income
20 878
33 501
-
-
total
20 878
33 501
-
-
Dividends

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

62 632
100 500
-
-
national
3 095
10 314
-
-
municipal
11 274
18 090
-
-
total
14 369
28 404
-
-
Income
167 500
167 500
167 500
167 500
Total tax
59 615
61 905
78 980
57 973
After tax
107 885
105 595
88 520
109 527
Living cost
38 745
38 745
38 745
38 745
Free-cash
69 140
66 850
49 775
70 782

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
₽98863
₽93371
₽91634
₽90136
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
167 500
income
-
-
-
31 902
health
-
-
-
4 271
social contributions
-
-
-
16 328
total
-
-
-
52 501
Employee
77 600
77 600
155 929
-
social contributions
2 934
6 440
8 687
-
health
601
1 319
2 650
-
income
8 449
7 183
31 091
-
total
11 984
14 942
42 428
-
Employer
77 600
77 600
155 929
-
social contributions
2 934
6 440
8 687
-
health
653
1 436
2 884
-
total
3 587
7 876
11 571
-
Corporate
128 563
82 023
-
-
income
16 069
10 253
-
-
total
16 069
10 253
-
-
Dividends
112 494
71 770
-
-
withholding
19 124
12 201
-
-
total
19 124
12 201
-
-
Income
167 500
167 500
167 500
167 500
Total tax
50 764
45 272
53 999
52 501
After tax
116 736
122 228
113 501
114 999
Living cost
23 365
23 365
23 365
23 365
Free-cash
93 371
98 863
90 136
91 634

Estimated living cost  is ₽23365 per week

₽14003
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2292
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽517
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6553
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Larnaca model

Close
Podgorica , Montenegro
₽122683
₽117548
₽124419
₽104179
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
167 500
income
-
-
-
16 958
pensions
-
-
-
6 419
unemployment
-
-
-
29
health
-
-
-
3 652
total
-
-
-
27 058
Employee

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

23 164
-
157 637
-
health
1 969
-
8 139
-
income
1 584
-
14 455
-
pensions
3 474
-
14 363
-
unemployment
115
-
479
-
total
7 142
-
37 436
-
Employer

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

23 164
-
157 637
-
unemployment
115
-
479
-
pensions
1 274
-
5 266
-
health
996
-
4 117
-
total
2 385
-
9 862
-
Corporate
141 952
167 500
-
-
income
12 776
15 076
-
-
total
12 776
15 076
-
-
Dividends
129 176
152 424
-
-
withholding
11 626
13 718
-
-
total
11 626
13 718
-
-
Income
167 500
167 500
167 500
167 500
Total tax
33 929
28 794
47 298
27 058
After tax
133 571
138 706
120 202
140 442
Living cost
16 023
16 023
16 023
16 023
Free-cash
117 548
122 683
104 179
124 419

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
₽84022
₽79567
₽66364
₽62129
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
167 500
accident
-
-
-
843
income
-
-
-
45 323
pensions
-
-
-
26 470
other
-
-
-
94
unemployment
-
-
-
655
total
-
-
-
73 385
Employee
37 315
-
137 680
-
other
36
-
94
-
income
7 194
-
41 859
-
pensions
1 754
-
4 397
-
unemployment
578
-
1 450
-
total
9 562
-
47 800
-
Employer
37 315
-
137 680
-
accident
739
-
1 852
-
other
299
-
749
-
unemployment
2 053
-
5 144
-
pensions
8 806
-
22 075
-
total
11 897
-
29 820
-
Corporate
118 289
167 500
-
-
income

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

17 743
25 126
-
-
total
17 743
25 126
-
-
Dividends
100 545
142 374
-
-
withholding
20 980
30 601
-
-
total
20 980
30 601
-
-
Income
167 500
167 500
167 500
167 500
Total tax
60 182
55 727
77 620
73 385
After tax
107 318
111 773
89 880
94 115
Living cost
27 751
27 751
27 751
27 751
Free-cash
79 567
84 022
62 129
66 364

Estimated living cost  is ₽27751 per week

₽18731
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2668
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽486
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5866
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Valencia model

Close
Istanbul , Turkey
₽101764
₽101310
₽104501
₽104303
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
167 500
income
-
-
-
56 776
pensions
-
-
-
2 010
health
-
-
-
1 457
total
-
-
-
60 243
Employee
4 198
-
165 238
-
health
210
-
503
-
income
812
-
56 670
-
pensions
378
-
905
-
unemployment
42
-
101
-
total
1 442
-
58 179
-
Employer
4 198
-
165 238
-
unemployment
84
-
201
-
pensions
462
-
1 106
-
health
399
-
955
-
total
945
-
2 262
-
Corporate
162 358
167 500
-
-
income
35 719
36 850
-
-
total
35 719
36 850
-
-
Dividends
126 639
130 650
-
-
withholding
25 328
26 130
-
-
total
25 328
26 130
-
-
Income
167 500
167 500
167 500
167 500
Total tax
63 434
62 980
60 441
60 243
After tax
104 066
104 520
107 059
107 257
Living cost
2 756
2 756
2 756
2 756
Free-cash
101 310
101 764
104 303
104 501

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
₽103566
₽98601
₽84195
₽84196
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
167 500
income
-
-
-
37 659
pensions
-
-
-
19 392
unemployment
-
-
-
1 119
health
-
-
-
7 682
total
-
-
-
65 852
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
-
154 149
-
health
1 355
-
3 841
-
income
3 628
-
37 659
-
pensions
3 685
-
10 442
-
unemployment
197
-
559
-
total
8 865
-
52 501
-
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
-
154 149
-
unemployment
197
-
559
-
pensions
3 158
-
8 950
-
health
1 355
-
3 841
-
total
4 710
-
13 350
-
Corporate
136 470
167 500
-
-
income
20 471
25 125
-
-
total
20 471
25 125
-
-
Dividends
116 000
142 375
-
-
withholding
17 400
21 356
-
-
total
17 400
21 356
-
-
Income
167 500
167 500
167 500
167 500
Total tax
51 446
46 481
65 851
65 852
After tax
116 054
121 019
101 649
101 648
Living cost
17 453
17 453
17 453
17 453
Free-cash
98 601
103 566
84 196
84 195

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
₽68069
₽67703
₽62904
₽50456
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
167 500
income
-
-
-
19 183
surtax
-
-
-
-
social contributions

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

-
-
-
58 207
total
-
-
-
77 390
Employee
39 168
-
135 353
-
social contributions
4 309
-
14 890
-
surtax
-
-
-
-
income
7 653
-
42 801
-
total
11 962
-
57 691
-
Employer
39 168
-
135 353
-
social contributions
9 302
-
32 147
-
total
9 302
-
32 147
-
Corporate
119 030
167 500
-
-
surtax
-
-
-
-
income
24 996
35 174
-
-
total
24 996
35 174
-
-
Dividends
94 035
132 326
-
-
withholding
26 331
37 051
-
-
total
26 331
37 051
-
-
Income
167 500
167 500
167 500
167 500
Total tax
72 591
72 225
89 838
77 390
After tax
94 909
95 275
77 662
90 110
Living cost
27 206
27 206
27 206
27 206
Free-cash
67 703
68 069
50 456
62 904

Estimated living cost  is ₽27206 per week

₽19270
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1890
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽483
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5565
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Porto model

Close
Madrid , Spain
₽76306
₽69543
₽58648
₽54413
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
167 500
accident
-
-
-
843
income
-
-
-
45 323
pensions
-
-
-
26 470
other
-
-
-
94
unemployment
-
-
-
655
total
-
-
-
73 385
Employee
48 738
-
137 680
-
other
48
-
94
-
income
10 180
-
41 859
-
pensions
2 290
-
4 397
-
unemployment
755
-
1 450
-
total
13 273
-
47 800
-
Employer
48 738
-
137 680
-
accident
965
-
1 852
-
other
391
-
749
-
unemployment
2 681
-
5 144
-
pensions
11 502
-
22 075
-
total
15 539
-
29 820
-
Corporate
103 223
167 500
-
-
income

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

15 483
25 126
-
-
total
15 483
25 126
-
-
Dividends
87 739
142 374
-
-
withholding
18 195
30 601
-
-
total
18 195
30 601
-
-
Income
167 500
167 500
167 500
167 500
Total tax
62 490
55 727
77 620
73 385
After tax
105 010
111 773
89 880
94 115
Living cost
35 467
35 467
35 467
35 467
Free-cash
69 543
76 306
54 413
58 648

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
₽125842
₽119688
₽115587
₽122043
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
167 500
income
-
-
-
25 125
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
-
-
-
34 542
Employee
23 001
-
160 580
-
health
1 058
-
1 622
-
accident

We are using the highest rate at 1.1%.

253
-
388
-
income
2 300
-
16 058
-
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
-
21 165
-
Employer
23 001
-
160 580
-
accident

We are using the highest rate at 1.1%.

253
-
388
-
unemployment
138
-
212
-
pensions

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

2 535
-
3 887
-
health
1 587
-
2 434
-
total
4 513
-
6 921
-
Corporate
139 986
167 500
-
-
income
13 999
16 750
-
-
total
13 999
16 750
-
-
Dividends
125 987
150 750
-
-
withholding
6 299
7 537
-
-
total
6 299
7 537
-
-
Income
167 500
167 500
167 500
167 500
Total tax
30 441
24 287
28 086
34 542
After tax
137 059
143 213
139 414
132 958
Living cost
17 370
17 370
17 370
17 370
Free-cash
119 688
125 842
122 043
115 587

Estimated living cost  is ₽17370 per week

₽11489
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽994
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽414
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4474
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Sofia model

Close
Berlin , Germany
₽47259
₽60459
₽50918
₽68221
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
167 500
trade
-
-
-
17 303
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.

-
-
-
50 639
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.

-
-
-
2 785
total
-
-
-
77 621
Employee

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

50 212
-
167 500
-
health

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

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

6 894
-
6 894
-
surtax

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

228
-
2 785
-
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
-
50 639
-
total
11 251
-
60 318
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
117 288
167 500
-
-
surtax

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

967
1 383
-
-
income
17 594
25 126
-
-
trade
16 832
24 036
-
-
chamber of commerce
326
398
-
-
total
35 719
50 943
-
-
Dividends
81 569
116 557
-
-
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.

1 101
1 582
-
-
withholding
20 009
28 755
-
-
total
21 110
30 337
-
-
Income
167 500
167 500
167 500
167 500
Total tax
68 080
81 280
60 318
77 621
After tax
99 420
86 220
107 182
89 879
Living cost
38 961
38 961
38 961
38 961
Free-cash
60 459
47 259
68 221
50 918

Estimated living cost  is ₽38961 per week

₽26876
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4192
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽565
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7327
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

Nationals of Europe, Australia, Canada, Israel, Japan, the Republic of Korea, New Zealand and the USA do not require an entry type D visa (not to confuse with a Schengen visa or a visa-free entry). For other nationals, waiting time is around 6-9 months which includes document preparation and processing.

Source of data for Berlin model

Close
Dublin , Ireland
₽59763
₽61991
₽31986
₽31986
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
167 500
income
-
-
-
50 319
social contributions
-
-
-
27 708
total
-
-
-
78 027
Employee
78 939
-
167 500
-
income
14 896
-
50 319
-
social contributions
6 558
-
27 708
-
total
21 454
-
78 027
-
Employer
78 939
-
167 500
-
total
-
-
-
-
Corporate
88 561
167 500
-
-
income
11 069
20 938
-
-
total
11 069
20 938
-
-
Dividends
77 491
146 562
-
-
withholding
15 499
29 312
-
-
total
15 499
29 312
-
-
Income
167 500
167 500
167 500
167 500
Total tax
48 022
50 250
78 027
78 027
After tax
119 478
117 250
89 473
89 473
Living cost
57 487
57 487
57 487
57 487
Free-cash
61 991
59 763
31 986
31 986

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
₽66910
₽70437
₽95400
₽83090
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
167 500
income
-
-
-
28 726
health

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

-
-
-
6 741
total
-
-
-
35 467
Employee
46 295
-
162 858
-
income
5 023
-
38 493
-
social contributions
4 638
-
4 642
-
total
9 661
-
43 135
-
Employer
46 295
-
162 858
-
social contributions
4 638
-
4 642
-
total
4 638
-
4 642
-
Corporate
116 567
167 500
-
-
income
40 799
58 625
-
-
total
40 799
58 625
-
-
Dividends
75 768
108 875
-
-
social contributions
5 332
5 332
-
-
total
5 332
5 332
-
-
Income
167 500
167 500
167 500
167 500
Total tax
60 430
63 957
47 777
35 467
After tax
107 070
103 543
119 723
132 033
Living cost
36 633
36 633
36 633
36 633
Free-cash
70 437
66 910
83 090
95 400

Estimated living cost  is ₽36633 per week

₽24130
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2888
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽561
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9053
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Sliema model

Close
Edinburgh , United Kingdom
₽73201
₽79196
₽74275
₽59054
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
167 500
income
-
-
-
46 717
pensions
-
-
-
8 893
total
-
-
-
55 610
Employee
51 632
-
146 422
-
health
674
-
2 166
-
income
9 403
-
36 569
-
pensions
3 941
-
11 018
-
total
14 018
-
49 753
-
Employer
51 632
-
146 422
-
pensions
5 217
-
18 297
-
health
981
-
2 781
-
total
6 198
-
21 078
-
Corporate
109 670
167 500
-
-
income

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

20 837
31 825
-
-
total
20 837
31 825
-
-
Dividends
88 833
135 675
-
-
withholding
9 636
24 859
-
-
total
9 636
24 859
-
-
Income
167 500
167 500
167 500
167 500
Total tax
50 689
56 684
70 831
55 610
After tax
116 811
110 816
96 669
111 890
Living cost
37 615
37 615
37 615
37 615
Free-cash
79 196
73 201
59 054
74 275

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
-₽10329
₽9900
₽90640
₽66765
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
167 500
accident
-
-
-
253
income
-
-
-
45 977
pensions
-
-
-
4 174
other
-
-
-
372
health
-
-
-
2 188
total
-
-
-
52 964
Employee
37 589
-
150 258
-
health
4 304
-
17 204
-
income
5 157
-
34 740
-
pensions
4 233
-
7 653
-
total
13 694
-
59 597
-
Employer
37 589
-
150 258
-
accident
628
-
2 509
-
unemployment
921
-
3 681
-
pensions
6 112
-
11 052
-
total
7 661
-
17 242
-
Corporate
122 251
167 500
-
-
income

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

110 026
150 750
-
-
total
110 026
150 750
-
-
Dividends
12 225
16 750
-
-
withholding
2 323
3 183
-
-
total
2 323
3 183
-
-
Income
167 500
167 500
167 500
167 500
Total tax
133 704
153 933
76 839
52 964
After tax
33 796
13 567
90 661
114 536
Living cost
23 896
23 896
23 896
23 896
Free-cash
9 900
-10 329
66 765
90 640

Estimated living cost  is ₽23896 per week

₽17537
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1392
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽481
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4485
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

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

Source of data for Warsaw model

Close
Skopje , Macedonia
₽127320
₽122598
₽82026
₽104218
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
167 500
work injury
-
-
-
807
health insurance
-
-
-
11 943
income
-
-
-
27 461
pensions
-
-
-
29 695
unemployment
-
-
-
1 937
total
-
-
-
71 843
Employee

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

21 810
-
167 500
-
work injury
109
-
403
-
income
2 181
-
27 461
-
pensions
4 013
-
14 848
-
health insurance
1 614
-
5 971
-
unemployment
262
-
968
-
total
8 179
-
49 651
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
145 690
167 500
-
-
income

Macedonia has a simplified tax regime. Before 3,000,000 MKD per annum you will be taxed at 0%, and before 6,000,000 MKD it is 1%.

1 457
1 675
-
-
total
1 457
1 675
-
-
Dividends
144 233
165 825
-
-
withholding
21 635
24 874
-
-
total
21 635
24 874
-
-
Income
167 500
167 500
167 500
167 500
Total tax
31 271
26 549
49 651
71 843
After tax
136 229
140 951
117 849
95 657
Living cost
13 631
13 631
13 631
13 631
Free-cash
122 598
127 320
104 218
82 026

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
₽48023
₽43434
₽38465
₽31112
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
167 500
municipal
-
-
-
1 120
regional
-
-
-
3 825
national
-
-
-
40 805
social contributions
-
-
-
43 082
total
-
-
-
88 832
Employee
85 039
-
167 500
-
social contributions
28 675
-
56 482
-
regional
1 284
-
3 393
-
municipal
507
-
1 000
-
national
14 371
-
35 310
-
total
44 837
-
96 185
-
Employer
85 039
-
167 500
-
total
-
-
-
-
Corporate
82 461
167 500
-
-
nationa
19 791
40 200
-
-
municipal
3 974
8 074
-
-
total
23 765
48 274
-
-
Dividends
58 697
119 226
-
-
withholding
15 261
31 000
-
-
total
15 261
31 000
-
-
Income
167 500
167 500
167 500
167 500
Total tax
83 863
79 274
96 185
88 832
After tax
83 637
88 226
71 315
78 668
Living cost
40 203
40 203
40 203
40 203
Free-cash
43 434
48 023
31 112
38 465

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

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