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
₽ 168500
per

Your estimated
City
free-cash

Dresden , Germany
₽58108
₽77326
₽65773
₽54710
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
168 500
trade
-
-
-
19 218
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.

-
-
-
6 831
income

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

-
-
-
51 239
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.

-
-
-
2 818
total
-
-
-
80 106
Employee

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

38 244
-
168 500
-
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.

59
-
2 818
-
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.

1 068
-
51 239
-
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.

6 831
-
6 831
-
total
7 958
-
60 888
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
130 256
168 500
-
-
trade
20 515
26 538
-
-
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.

1 074
1 391
-
-
income
19 538
25 274
-
-
chamber of commerce
340
395
-
-
total
41 467
53 598
-
-
Dividends
88 789
114 902
-
-
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.

1 199
1 560
-
-
withholding
21 817
28 346
-
-
total
23 016
29 906
-
-
Income
168 500
168 500
168 500
168 500
Total tax
72 441
83 504
60 888
80 106
After tax
96 059
84 996
107 612
88 394
Living cost
30 286
30 286
30 286
30 286
Free-cash
65 773
54 710
77 326
58 108

Estimated living cost  is ₽30286 per week

₽19051
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3531
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.
₽7138
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽49086
₽50409
₽53862
₽54702
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
168 500
social contributions
-
-
-
1 811
municipal
-
-
-
18 411
national
-
-
-
28 530
pensions
-
-
-
20 220
total
-
-
-
68 972
Employee
78 195
-
145 667
-
pensions
3 128
-
5 827
-
national
14 966
-
29 540
-
municipal
9 658
-
19 063
-
total
27 752
-
54 430
-
Employer
78 195
-
145 667
-
pensions
6 256
-
11 653
-
social contributions
841
-
1 566
-
total
7 097
-
13 219
-
Corporate
78 048
168 500
-
-
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%.

15 610
33 700
-
-
total
15 610
33 700
-
-
Dividends
62 439
134 800
-
-
withholding
13 737
29 656
-
-
total
13 737
29 656
-
-
Income
168 500
168 500
168 500
168 500
Total tax
64 196
63 356
67 649
68 972
After tax
104 304
105 144
100 851
99 528
Living cost
50 442
50 442
50 442
50 442
Free-cash
53 862
54 702
50 409
49 086

Estimated living cost  is ₽50442 per week

₽34285
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4689
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽755
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10713
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽36689
₽48956
₽105796
₽113999
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
168 500
social contributions

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

-
-
-
38 310
income
-
-
-
29 731
microenterprise
-
-
-
-
surtax
-
-
-
42 968
total
-
-
-
111 009
Employee
29 217
-
125 940
-
income
5 201
-
24 813
-
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.

3 214
-
13 108
-
surtax
-
-
18 261
-
total
8 415
-
56 182
-
Employer
29 217
-
125 940
-
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.

7 038
-
28 707
-
surtax
-
-
13 853
-
total
7 038
-
42 560
-
Corporate
132 245
168 500
-
-
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%.

26 449
33 699
-
-
total
26 449
33 699
-
-
Dividends

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

105 796
134 801
-
-
total
-
-
-
-
Income
168 500
168 500
168 500
168 500
Total tax
41 902
33 699
98 742
111 009
After tax
126 598
134 801
69 758
57 491
Living cost
20 802
20 802
20 802
20 802
Free-cash
105 796
113 999
48 956
36 689

Estimated living cost  is ₽20802 per week

₽13271
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1981
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽472
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5078
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽51669
₽62560
₽35296
₽41423
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
168 500
health
-
-
-
12 330
income
-
-
-
50 899
pensions
-
-
-
11 715
total
-
-
-
74 944
Employee
85 386
85 386
149 918
-
income

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

13 976
13 976
21 426
-
pensions
15 370
11 715
11 715
-
health
13 106
11 148
12 330
-
total
42 452
36 839
45 471
-
Employer
85 386
85 386
149 918
-
pensions
5 943
5 943
7 387
-
health
5 935
5 935
7 375
-
unemployment
3 074
3 074
3 820
-
total
14 952
14 952
18 582
-
Corporate
69 209
68 162
-
-
income
13 842
13 631
-
-
total
13 842
13 631
-
-
Dividends
55 367
54 530
-
-
withholding
8 305
8 180
-
-
income
11 766
11 588
-
-
total
20 071
19 768
-
-
Income
168 500
168 500
168 500
168 500
Total tax
91 317
85 190
64 053
74 944
After tax
77 183
83 310
104 447
93 556
Living cost
41 887
41 887
41 887
41 887
Free-cash
35 296
41 423
62 560
51 669

Estimated living cost  is ₽41887 per week

₽29684
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3776
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽666
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7761
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽48152
₽47219
₽52691
₽53553
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
168 500
other
-
-
-
9 792
unemployment
-
-
-
84
accident
-
-
-
168
municipal
-
-
-
42 967
health
-
-
-
5 258
national
-
-
-
14 522
pensions
-
-
-
9 109
total
-
-
-
81 900
Employee
54 785
-
142 024
-
national
-
-
14 005
-
municipal
16 337
-
42 352
-
total
16 337
-
56 357
-
Employer
54 785
-
142 024
-
pensions
5 922
-
9 109
-
other
6 366
-
9 792
-
accident
110
-
168
-
health
3 369
-
5 182
-
unemployment
1 446
-
2 225
-
total
17 213
-
26 476
-
Corporate
96 502
168 500
-
-
income
21 230
37 070
-
-
total
21 230
37 070
-
-
Dividends
75 271
131 430
-
-
withholding
22 581
39 429
-
-
total
22 581
39 429
-
-
Income
168 500
168 500
168 500
168 500
Total tax
77 361
76 499
82 833
81 900
After tax
91 139
92 001
85 667
86 600
Living cost
38 448
38 448
38 448
38 448
Free-cash
52 691
53 553
47 219
48 152

Estimated living cost  is ₽38448 per week

₽25482
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3773
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.
₽8610
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽48261
₽68332
₽58899
₽44851
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
168 500
trade
-
-
-
20 071
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.

-
-
-
6 831
income

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

-
-
-
51 239
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.

-
-
-
2 818
total
-
-
-
80 959
Employee

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

50 706
-
168 500
-
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.

239
-
2 818
-
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.

4 357
-
51 239
-
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.

6 831
-
6 831
-
total
11 427
-
60 888
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
117 794
168 500
-
-
trade
19 377
27 718
-
-
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.

972
1 391
-
-
income
17 669
25 274
-
-
chamber of commerce
319
391
-
-
total
38 337
54 774
-
-
Dividends
79 457
113 726
-
-
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.

1 072
1 543
-
-
withholding
19 485
28 052
-
-
total
20 557
29 595
-
-
Income
168 500
168 500
168 500
168 500
Total tax
70 321
84 369
60 888
80 959
After tax
98 179
84 131
107 612
87 541
Living cost
39 280
39 280
39 280
39 280
Free-cash
58 899
44 851
68 332
48 261

Estimated living cost  is ₽39280 per week

₽26271
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4142
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽586
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8281
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽83122
₽81617
₽86370
₽90518
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
168 500
social contributions
-
-
-
16 178
health
-
-
-
4 296
income
-
-
-
32 473
total
-
-
-
52 947
Employee
76 887
76 887
156 988
-
income
8 074
7 117
31 665
-
social contributions
3 736
6 381
8 607
-
health
765
1 307
2 668
-
total
12 575
14 805
42 940
-
Employer
76 887
76 887
156 988
-
health
833
1 423
2 905
-
social contributions
3 736
6 381
8 607
-
total
4 569
7 804
11 512
-
Corporate
118 925
83 809
-
-
income
14 865
10 476
-
-
total
14 865
10 476
-
-
Dividends
104 060
73 333
-
-
withholding
17 690
12 466
-
-
total
17 690
12 466
-
-
Income
168 500
168 500
168 500
168 500
Total tax
49 699
45 551
54 452
52 947
After tax
118 801
122 949
114 048
115 553
Living cost
32 431
32 431
32 431
32 431
Free-cash
86 370
90 518
81 617
83 122

Estimated living cost  is ₽32431 per week

₽22170
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2533
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽545
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7184
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽98493
₽79445
₽76815
₽76436
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
168 500
unemployment
-
-
-
2 527
health
-
-
-
11 795
income
-
-
-
20 599
pensions
-
-
-
16 850
total
-
-
-
51 771
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.

26 323
10 476
141 004
-
income
3 218
1 281
17 238
-
pensions
2 632
1 048
14 100
-
unemployment
395
157
2 115
-
health
1 843
733
9 870
-
total
8 088
3 219
43 323
-
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.

26 323
10 476
141 004
-
pensions
5 133
2 043
27 496
-
total
5 133
2 043
27 496
-
Corporate
137 044
155 981
-
-
income
12 334
14 038
-
-
total
12 334
14 038
-
-
Dividends
124 710
141 943
-
-
social contributions
24 199
27 559
-
-
withholding
23 695
26 969
-
-
total
47 894
54 528
-
-
Income
168 500
168 500
168 500
168 500
Total tax
73 449
73 828
70 819
51 771
After tax
95 051
94 672
97 681
116 729
Living cost
18 236
18 236
18 236
18 236
Free-cash
76 815
76 436
79 445
98 493

Estimated living cost  is ₽18236 per week

₽12444
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1492
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽364
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3935
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽66166
₽72970
₽104439
₽110650
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
168 500
health
-
-
-
21 904
income
-
-
-
22 580
pensions
-
-
-
33 699
total
-
-
-
78 183
Employee
28 365
-
125 934
-
income
3 193
-
24 280
-
pensions
567
-
2 518
-
unemployment
453
-
2 015
-
total
4 213
-
28 813
-
Employer
28 365
-
125 934
-
pensions
5 673
-
25 187
-
health
3 687
-
16 371
-
unemployment
228
-
1 008
-
total
9 588
-
42 566
-
Corporate
130 547
168 500
-
-
income
26 109
33 699
-
-
total
26 109
33 699
-
-
Dividends
104 438
134 801
-
-
total
-
-
-
-
Income
168 500
168 500
168 500
168 500
Total tax
39 910
33 699
71 379
78 183
After tax
128 590
134 801
97 121
90 317
Living cost
24 151
24 151
24 151
24 151
Free-cash
104 439
110 650
72 970
66 166

Estimated living cost  is ₽24151 per week

₽16565
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1438
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.
₽5662
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽93298
₽69368
₽10287
-₽8266
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
168 500
other
-
-
-
369
accident
-
-
-
252
health
-
-
-
2 172
income
-
-
-
46 350
pensions
-
-
-
4 145
total
-
-
-
53 288
Employee
34 472
-
151 292
-
income
4 729
-
35 089
-
pensions
3 882
-
7 599
-
health
3 947
-
17 323
-
total
12 558
-
60 011
-
Employer
34 472
-
151 292
-
pensions
5 605
-
10 974
-
accident
575
-
2 527
-
unemployment
845
-
3 706
-
total
7 025
-
17 207
-
Corporate
127 003
168 500
-
-
income

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

114 303
151 650
-
-
total
114 303
151 650
-
-
Dividends
12 700
16 850
-
-
withholding
2 413
3 202
-
-
total
2 413
3 202
-
-
Income
168 500
168 500
168 500
168 500
Total tax
136 299
154 852
77 218
53 288
After tax
32 201
13 648
91 282
115 212
Living cost
21 914
21 914
21 914
21 914
Free-cash
10 287
-8 266
69 368
93 298

Estimated living cost  is ₽21914 per week

₽16061
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1214
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽457
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4182
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽157804
₽125789
₽149375
₽151064
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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%.

-
-
-
168 500
microenterprise

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

-
-
-
1 685
total
-
-
-
1 685
Employee
11 263
-
168 500
-
income
2 252
-
33 700
-
total
2 252
-
33 700
-
Employer
-
-
-
-
total
-
-
-
-
Corporate

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

157 237
168 500
-
-
total
-
-
-
-
Dividends
157 237
168 500
-
-
withholding
7 862
8 425
-
-
total
7 862
8 425
-
-
Income
168 500
168 500
168 500
168 500
Total tax
10 114
8 425
33 700
1 685
After tax
158 386
160 075
134 800
166 815
Living cost
9 011
9 011
9 011
9 011
Free-cash
149 375
151 064
125 789
157 804

Estimated living cost  is ₽9011 per week

₽5584
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽749
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽248
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2430
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽66160
₽69040
₽90402
₽97155
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
168 500
other
-
-
-
7 222
health
-
-
-
6 690
income
-
-
-
25 293
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.

-
-
-
36 492
total
-
-
-
75 697
Employee
36 305
-
134 586
-
income
6 250
-
26 254
-
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.

2 541
-
9 421
-
unemployment
362
-
1 345
-
health
509
-
1 884
-
total
9 662
-
38 904
-
Employer
36 305
-
134 586
-
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.

6 172
-
22 880
-
other
1 816
-
6 728
-
accident
290
-
1 076
-
health
509
-
1 884
-
unemployment
362
-
1 345
-
total
9 149
-
33 913
-
Corporate
123 045
168 500
-
-
income
25 840
35 384
-
-
total
25 840
35 384
-
-
Dividends
97 206
133 116
-
-
withholding
6 804
9 318
-
-
total
6 804
9 318
-
-
Income
168 500
168 500
168 500
168 500
Total tax
51 455
44 702
72 817
75 697
After tax
117 045
123 798
95 683
92 803
Living cost
26 643
26 643
26 643
26 643
Free-cash
90 402
97 155
69 040
66 160

Estimated living cost  is ₽26643 per week

₽18825
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1799
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽429
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5590
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽45132
₽29835
₽45183
₽43975
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
168 500
income
-
-
-
47 240
pensions
-
-
-
8 875
total
-
-
-
56 115
Employee
95 153
-
147 273
-
income
17 152
-
37 040
-
pensions
9 180
-
10 978
-
health
1 568
-
2 169
-
total
27 900
-
50 187
-
Employer
95 153
-
147 273
-
pensions
11 235
-
18 428
-
health
1 807
-
2 797
-
total
13 042
-
21 225
-
Corporate
60 305
168 500
-
-
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.

11 459
32 015
-
-
total
11 459
32 015
-
-
Dividends
48 846
136 485
-
-
withholding
3 663
25 257
-
-
total
3 663
25 257
-
-
Income
168 500
168 500
168 500
168 500
Total tax
56 064
57 272
71 412
56 115
After tax
112 436
111 228
97 088
112 385
Living cost
67 253
67 253
67 253
67 253
Free-cash
45 183
43 975
29 835
45 132

Estimated living cost  is ₽67253 per week

₽50394
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽7902
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽547
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8411
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details

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
₽120794
₽127321
₽126317
₽130961
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
168 500
unemployment
-
-
-
140
health
-
-
-
4 016
income
-
-
-
25 275
pensions

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

-
-
-
5 168
total
-
-
-
34 599
Employee
17 356
-
161 649
-
income
1 735
-
16 165
-
pensions

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

1 524
-
3 066
-
health
798
-
1 606
-
accident

We are using the highest rate at 1.1%.

191
-
384
-
total
4 248
-
21 221
-
Employer
17 356
-
161 649
-
pensions

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

1 913
-
3 848
-
accident

We are using the highest rate at 1.1%.

191
-
384
-
health
1 198
-
2 409
-
unemployment
104
-
210
-
total
3 406
-
6 851
-
Corporate
147 738
168 500
-
-
income
14 774
16 850
-
-
total
14 774
16 850
-
-
Dividends
132 964
151 650
-
-
withholding
6 648
7 582
-
-
total
6 648
7 582
-
-
Income
168 500
168 500
168 500
168 500
Total tax
29 076
24 432
28 072
34 599
After tax
139 424
144 068
140 428
133 901
Living cost
13 107
13 107
13 107
13 107
Free-cash
126 317
130 961
127 321
120 794

Estimated living cost  is ₽13107 per week

₽7652
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽936
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽347
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4172
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽38111
₽49002
₽30379
₽27865
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
168 500
health
-
-
-
12 330
income
-
-
-
50 899
pensions
-
-
-
11 715
total
-
-
-
74 944
Employee
92 702
85 386
149 918
-
income

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

13 976
13 976
21 426
-
pensions
11 715
11 715
11 715
-
health
11 565
11 148
12 330
-
total
37 256
36 839
45 471
-
Employer
92 702
85 386
149 918
-
pensions
6 451
5 943
7 387
-
health
6 442
5 935
7 375
-
unemployment
3 338
3 074
3 820
-
total
16 231
14 952
18 582
-
Corporate
59 567
68 162
-
-
income
11 914
13 631
-
-
total
11 914
13 631
-
-
Dividends
47 653
54 530
-
-
withholding
7 148
8 180
-
-
income
10 127
11 588
-
-
total
17 275
19 768
-
-
Income
168 500
168 500
168 500
168 500
Total tax
82 676
85 190
64 053
74 944
After tax
85 824
83 310
104 447
93 556
Living cost
55 445
55 445
55 445
55 445
Free-cash
30 379
27 865
49 002
38 111

Estimated living cost  is ₽55445 per week

₽40900
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4952
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽636
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8958
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽70508
₽63157
₽83434
₽92000
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
168 500
social contributions
-
-
-
34 552
health
-
-
-
22 748
income
-
-
-
16 680
solidarity contribution
-
-
-
-
total
-
-
-
73 980
Employee
35 311
-
127 447
-
income
4 237
-
15 383
-
solidarity contribution
-
-
-
-
social contributions
2 295
-
7 691
-
health
4 767
-
17 205
-
total
11 299
-
40 279
-
Employer
35 311
-
127 447
-
health
3 178
-
11 470
-
social contributions
8 828
-
29 582
-
total
12 006
-
41 052
-
Corporate
121 183
168 500
-
-
income
23 025
32 015
-
-
total
23 025
32 015
-
-
Dividends
98 158
136 485
-
-
withholding
14 724
20 473
-
-
total
14 724
20 473
-
-
Income
168 500
168 500
168 500
168 500
Total tax
61 054
52 488
81 331
73 980
After tax
107 446
116 012
87 169
94 520
Living cost
24 012
24 012
24 012
24 012
Free-cash
83 434
92 000
63 157
70 508

Estimated living cost  is ₽24012 per week

₽16679
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1708
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽472
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5153
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Brno model

Close
Milan , Italy
₽38782
₽31172
₽42490
₽47709
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
168 500
social contributions
-
-
-
43 338
municipal
-
-
-
1 002
national
-
-
-
41 204
regional
-
-
-
1 982
total
-
-
-
87 526
Employee
88 864
-
168 500
-
national
15 398
-
35 676
-
social contributions
29 965
-
56 818
-
municipal
471
-
894
-
regional
838
-
1 748
-
total
46 672
-
95 136
-
Employer
88 864
-
168 500
-
total
-
-
-
-
Corporate
79 636
168 500
-
-
nationa
19 113
40 441
-
-
municipal
3 106
6 571
-
-
total
22 219
47 012
-
-
Dividends
57 417
121 488
-
-
withholding
14 927
31 587
-
-
total
14 927
31 587
-
-
Income
168 500
168 500
168 500
168 500
Total tax
83 818
78 599
95 136
87 526
After tax
84 682
89 901
73 364
80 974
Living cost
42 192
42 192
42 192
42 192
Free-cash
42 490
47 709
31 172
38 782

Estimated living cost  is ₽42192 per week

₽29411
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2767
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽647
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9366
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽57774
₽51593
₽80810
₽83922
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
168 500
other
-
-
-
-
unemployment
-
-
-
228
health
-
-
-
9 474
income
-
-
-
45 407
surtax
-
-
-
6 863
pensions
-
-
-
26 690
total
-
-
-
88 662
Employee
33 066
-
140 410
-
income
5 543
-
39 428
-
pensions
2 205
-
8 901
-
unemployment
2 302
-
9 288
-
health
844
-
3 402
-
other
-
-
-
-
surtax
108
-
5 734
-
total
11 002
-
66 753
-
Employer
33 066
-
140 410
-
pensions
4 408
-
17 789
-
other
-
-
-
-
health
1 505
-
6 072
-
unemployment
1 047
-
4 229
-
total
6 960
-
28 090
-
Corporate
128 474
168 500
-
-
income
33 403
43 811
-
-
total
33 403
43 811
-
-
Dividends
95 071
124 689
-
-
withholding
14 261
18 703
-
-
total
14 261
18 703
-
-
Income
168 500
168 500
168 500
168 500
Total tax
65 626
62 514
94 843
88 662
After tax
102 874
105 986
73 657
79 838
Living cost
22 064
22 064
22 064
22 064
Free-cash
80 810
83 922
51 593
57 774

Estimated living cost  is ₽22064 per week

₽13491
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2036
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽509
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6028
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽66439
₽51142
₽71926
₽65282
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
168 500
income
-
-
-
47 240
pensions
-
-
-
8 875
total
-
-
-
56 115
Employee
63 769
-
147 273
-
income
11 485
-
37 040
-
pensions
5 413
-
10 978
-
health
926
-
2 169
-
total
17 824
-
50 187
-
Employer
63 769
-
147 273
-
pensions
6 903
-
18 428
-
health
1 211
-
2 797
-
total
8 114
-
21 225
-
Corporate
96 616
168 500
-
-
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.

18 357
32 015
-
-
total
18 357
32 015
-
-
Dividends
78 259
136 485
-
-
withholding
6 333
25 257
-
-
total
6 333
25 257
-
-
Income
168 500
168 500
168 500
168 500
Total tax
50 628
57 272
71 412
56 115
After tax
117 872
111 228
97 088
112 385
Living cost
45 946
45 946
45 946
45 946
Free-cash
71 926
65 282
51 142
66 439

Estimated living cost  is ₽45946 per week

₽34422
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3444
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽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.
₽7598
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽61076
₽53213
₽33808
₽1470
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
168 500
other

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

-
-
-
3 370
health
-
-
-
379
city
-
-
-
1 776
national
-
-
-
2 632
regional
-
-
-
8 184
pensions
-
-
-
15 502
total
-
-
-
31 843
Employee
88 449
-
150 816
-
pensions
7 431
-
12 668
-
national
419
-
1 992
-
unemployment
-
-
-
-
city
949
-
1 621
-
health
200
-
340
-
regional
2 896
-
7 060
-
total
11 895
-
23 681
-
Employer
88 449
-
150 816
-
pensions
7 431
-
12 668
-
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.

1 768
-
3 017
-
health
200
-
340
-
unemployment
-
-
-
-
total
9 399
-
16 025
-
Corporate
69 679
168 500
-
-
regional
14 738
35 638
-
-
national
5 923
14 322
-
-
total
20 661
49 960
-
-
Dividends
49 019
118 539
-
-
withholding
17 156
41 489
-
-
total
17 156
41 489
-
-
Income
168 500
168 500
168 500
168 500
Total tax
59 111
91 449
39 706
31 843
After tax
109 389
77 051
128 794
136 657
Living cost
75 581
75 581
75 581
75 581
Free-cash
33 808
1 470
53 213
61 076

Estimated living cost  is ₽75581 per week

₽49149
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽6783
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽928
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽18721
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽40882
₽61807
₽53677
₽37459
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
168 500
trade
-
-
-
20 925
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.

-
-
-
6 831
income

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

-
-
-
51 239
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.

-
-
-
2 818
total
-
-
-
81 813
Employee

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

60 091
-
168 500
-
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.

389
-
2 818
-
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.

7 066
-
51 239
-
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.

6 831
-
6 831
-
total
14 286
-
60 888
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
108 409
168 500
-
-
trade
18 591
28 899
-
-
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.

894
1 391
-
-
income
16 261
25 274
-
-
chamber of commerce
304
389
-
-
total
36 050
55 953
-
-
Dividends
72 358
112 547
-
-
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.

973
1 527
-
-
withholding
17 709
27 756
-
-
total
18 682
29 283
-
-
Income
168 500
168 500
168 500
168 500
Total tax
69 018
85 236
60 888
81 813
After tax
99 482
83 264
107 612
86 687
Living cost
45 805
45 805
45 805
45 805
Free-cash
53 677
37 459
61 807
40 882

Estimated living cost  is ₽45805 per week

₽33454
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3664
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽596
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8093
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽60867
₽59229
₽56622
₽50714
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
168 500
other
-
-
-
5 224
social contributions
-
-
-
4 801
health
-
-
-
6 888
income
-
-
-
25 739
surtax
-
-
-
-
pensions
-
-
-
30 772
total
-
-
-
73 424
Employee
42 794
-
130 993
-
income
2 526
-
24 957
-
pensions
4 839
-
8 865
-
social contributions
1 220
-
3 732
-
surtax
-
-
-
-
total
8 585
-
37 554
-
Employer
42 794
-
130 993
-
pensions
7 030
-
14 970
-
other
1 476
-
5 006
-
health
2 996
-
11 834
-
unemployment
1 732
-
5 305
-
social contributions
129
-
393
-
total
13 363
-
37 508
-
Corporate
112 342
168 500
-
-
surtax
-
-
-
-
income
31 456
47 181
-
-
total
31 456
47 181
-
-
Dividends
80 886
121 319
-
-
surtax
-
-
-
-
social contributions
13 912
20 867
-
-
withholding
10 353
15 529
-
-
total
24 265
36 396
-
-
Income
168 500
168 500
168 500
168 500
Total tax
77 669
83 577
75 062
73 424
After tax
90 831
84 923
93 438
95 076
Living cost
34 209
34 209
34 209
34 209
Free-cash
56 622
50 714
59 229
60 867

Estimated living cost  is ₽34209 per week

₽21570
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2782
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽583
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9277
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽64256
₽62618
₽59658
₽54103
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
168 500
other
-
-
-
5 224
social contributions
-
-
-
4 801
health
-
-
-
6 888
income
-
-
-
25 739
surtax
-
-
-
-
pensions
-
-
-
30 772
total
-
-
-
73 424
Employee
38 199
-
130 993
-
income
1 970
-
24 957
-
pensions
4 321
-
8 865
-
social contributions
1 089
-
3 732
-
surtax
-
-
-
-
total
7 380
-
37 554
-
Employer
38 199
-
130 993
-
pensions
6 277
-
14 970
-
other
1 319
-
5 006
-
health
2 674
-
11 834
-
unemployment
1 546
-
5 305
-
social contributions
114
-
393
-
total
11 930
-
37 508
-
Corporate
118 371
168 500
-
-
surtax
-
-
-
-
income
33 143
47 181
-
-
total
33 143
47 181
-
-
Dividends
85 228
121 319
-
-
surtax
-
-
-
-
social contributions
14 660
20 867
-
-
withholding
10 909
15 529
-
-
total
25 569
36 396
-
-
Income
168 500
168 500
168 500
168 500
Total tax
78 022
83 577
75 062
73 424
After tax
90 478
84 923
93 438
95 076
Living cost
30 820
30 820
30 820
30 820
Free-cash
59 658
54 103
62 618
64 256

Estimated living cost  is ₽30820 per week

₽17874
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3131
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.
₽9231
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽87009
₽83756
₽82116
₽81600
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
168 500
social contributions
-
-
-
23 254
health
-
-
-
11 761
income
-
-
-
25 274
total
-
-
-
60 289
Employee
33 902
-
168 500
-
income
5 654
-
28 527
-
social contributions
4 679
-
23 254
-
health
2 366
-
11 761
-
total
12 699
-
63 542
-
Employer
33 902
-
168 500
-
total
-
-
-
-
Corporate
134 598
168 500
-
-
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%.

6 730
8 425
-
-
total
6 730
8 425
-
-
Dividends
127 868
160 075
-
-
social contributions
17 647
22 090
-
-
health
8 926
11 172
-
-
withholding
19 180
24 011
-
-
total
45 753
57 273
-
-
Income
168 500
168 500
168 500
168 500
Total tax
65 182
65 698
63 542
60 289
After tax
103 318
102 802
104 958
108 211
Living cost
21 202
21 202
21 202
21 202
Free-cash
82 116
81 600
83 756
87 009

Estimated living cost  is ₽21202 per week

₽14189
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1307
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽488
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5216
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽51229
₽9446
₽56525
₽58072
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
168 500
chamber of commerce
-
-
-
674
unemployment
-
-
-
6 133
health
-
-
-
8 935
income
-
-
-
44 490
surtax
-
-
-
197
pensions
-
-
-
21 610
total
-
-
-
82 039
Employee
49 970
39 847
133 471
-
income
5 689
2 939
35 219
-
pensions
5 117
4 080
11 962
-
unemployment
1 499
1 195
3 505
-
health
1 934
1 543
4 520
-
other
499
398
1 169
-
total
14 738
10 155
56 375
-
Employer
49 970
39 847
133 471
-
pensions
6 271
5 002
14 660
-
other
2 374
1 892
6 197
-
accident
649
518
1 518
-
health
1 888
1 507
4 415
-
payroll
1 499
1 195
4 004
-
chamber of commerce
199
159
533
-
unemployment
1 499
1 195
3 505
-
surtax
197
197
197
-
total
14 576
11 665
35 029
-
Corporate
103 954
116 987
129 676
-
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.

25 988
29 248
32 418
-
total
25 988
29 248
32 418
-
Dividends
77 966
87 740
-
-
withholding
21 441
24 128
-
-
total
21 441
24 128
-
-
Income
168 500
168 500
168 500
168 500
Total tax
76 743
75 196
123 822
82 039
After tax
91 757
93 304
44 678
86 461
Living cost
35 232
35 232
35 232
35 232
Free-cash
56 525
58 072
9 446
51 229

Estimated living cost  is ₽35232 per week

₽23498
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3006
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽579
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8150
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽36545
₽23294
₽42799
₽57796
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
168 500
social contributions
-
-
-
24 929
communal

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

-
-
-
8 615
national
-
-
-
61 954
total
-
-
-
95 498
Employee

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

71 523
-
130 509
-
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.

5 364
-
9 789
-
national
21 989
-
46 894
-
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.

622
-
1 135
-
communal

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

3 730
-
6 806
-
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.

3 360
-
6 135
-
total
35 065
-
70 759
-
Employer

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

71 523
-
130 509
-
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.

6 338
-
11 563
-
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.

930
-
1 696
-
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.

4 398
-
8 026
-
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.

1 044
-
1 905
-
surtax
8 110
-
14 800
-
total
20 820
-
37 990
-
Corporate
76 158
168 500
-
-
surtax
305
674
-
-
income
15 231
33 699
-
-
total
15 536
34 373
-
-
Dividends
60 622
134 127
-
-
withholding

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

17 823
39 874
-
-
total
17 823
39 874
-
-
Income
168 500
168 500
168 500
168 500
Total tax
89 244
74 247
108 749
95 498
After tax
79 256
94 253
59 751
73 002
Living cost
36 457
36 457
36 457
36 457
Free-cash
42 799
57 796
23 294
36 545

Estimated living cost  is ₽36457 per week

₽23483
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3188
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.
₽9216
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽58537
₽54342
₽69298
₽76299
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
168 500
other
-
-
-
93
unemployment
-
-
-
649
accident
-
-
-
835
income
-
-
-
46 049
pensions
-
-
-
26 227
total
-
-
-
73 853
Employee
49 772
-
138 954
-
income
10 502
-
42 616
-
pensions
2 340
-
4 357
-
unemployment
772
-
1 436
-
other
49
-
93
-
total
13 663
-
48 502
-
Employer
49 772
-
138 954
-
pensions
11 745
-
21 872
-
other
397
-
742
-
accident
985
-
1 835
-
unemployment
2 738
-
5 097
-
total
15 865
-
29 546
-
Corporate
102 863
168 500
-
-
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.

15 430
25 274
-
-
total
15 430
25 274
-
-
Dividends
87 433
143 226
-
-
withholding
18 134
30 817
-
-
total
18 134
30 817
-
-
Income
168 500
168 500
168 500
168 500
Total tax
63 092
56 091
78 048
73 853
After tax
105 408
112 409
90 452
94 647
Living cost
36 110
36 110
36 110
36 110
Free-cash
69 298
76 299
54 342
58 537

Estimated living cost  is ₽36110 per week

₽26591
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2562
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽520
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6436
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽29824
₽36541
₽32280
₽44718
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
168 500
accident
-
-
-
1 421
health
-
-
-
11 840
income
-
-
-
26 820
communal
-
-
-
10 649
surtax
-
-
-
8 353
pensions
-
-
-
25 255
total
-
-
-
84 338
Employee
75 721
-
150 514
-
income
7 314
-
31 672
-
pensions
6 057
-
12 041
-
health
3 370
-
6 698
-
surtax
4 641
-
9 224
-
total
21 382
-
59 635
-
Employer
75 721
-
150 514
-
pensions
6 057
-
12 041
-
accident
681
-
1 355
-
health
2 309
-
4 590
-
total
9 047
-
17 986
-
Corporate
83 732
168 500
-
-
communal
5 653
11 373
-
-
surtax
879
1 768
-
-
income
12 559
25 274
-
-
total
19 091
38 415
-
-
Dividends
64 642
130 084
-
-
withholding
9 696
19 512
-
-
income
22 666
11 517
-
-
total
32 362
31 029
-
-
Income
168 500
168 500
168 500
168 500
Total tax
81 882
69 444
77 621
84 338
After tax
86 618
99 056
90 879
84 162
Living cost
54 338
54 338
54 338
54 338
Free-cash
32 280
44 718
36 541
29 824

Estimated living cost  is ₽54338 per week

₽40762
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3292
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.
₽9707
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽57379
₽51198
₽80347
₽83527
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
168 500
other
-
-
-
-
unemployment
-
-
-
228
health
-
-
-
9 474
income
-
-
-
45 407
surtax
-
-
-
6 863
pensions
-
-
-
26 690
total
-
-
-
88 662
Employee
33 673
-
140 410
-
income
5 645
-
39 428
-
pensions
2 247
-
8 901
-
unemployment
2 343
-
9 288
-
health
860
-
3 402
-
other
-
-
-
-
surtax
120
-
5 734
-
total
11 215
-
66 753
-
Employer
33 673
-
140 410
-
pensions
4 489
-
17 789
-
other
-
-
-
-
health
1 531
-
6 072
-
unemployment
1 068
-
4 229
-
total
7 088
-
28 090
-
Corporate
127 738
168 500
-
-
income
33 211
43 811
-
-
total
33 211
43 811
-
-
Dividends
94 527
124 689
-
-
withholding
14 180
18 703
-
-
total
14 180
18 703
-
-
Income
168 500
168 500
168 500
168 500
Total tax
65 694
62 514
94 843
88 662
After tax
102 806
105 986
73 657
79 838
Living cost
22 459
22 459
22 459
22 459
Free-cash
80 347
83 527
51 198
57 379

Estimated living cost  is ₽22459 per week

₽13559
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1953
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽522
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6427
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽53479
₽45910
₽59414
₽61631
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
168 500
social contributions
-
-
-
43 338
municipal
-
-
-
1 002
national
-
-
-
41 204
regional
-
-
-
2 542
total
-
-
-
88 086
Employee
55 465
-
168 500
-
national
8 787
-
35 676
-
social contributions
18 703
-
56 818
-
municipal
294
-
894
-
regional
747
-
2 267
-
total
28 531
-
95 655
-
Employer
55 465
-
168 500
-
total
-
-
-
-
Corporate
113 035
168 500
-
-
nationa
27 128
40 441
-
-
municipal
5 618
8 374
-
-
total
32 746
48 815
-
-
Dividends
80 288
119 686
-
-
withholding
20 874
31 119
-
-
total
20 874
31 119
-
-
Income
168 500
168 500
168 500
168 500
Total tax
82 151
79 934
95 655
88 086
After tax
86 349
88 566
72 845
80 414
Living cost
26 935
26 935
26 935
26 935
Free-cash
59 414
61 631
45 910
53 479

Estimated living cost  is ₽26935 per week

₽16751
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2729
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.
₽6994
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽64931
₽57580
₽75868
₽86423
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
168 500
social contributions
-
-
-
34 552
health
-
-
-
22 748
income
-
-
-
16 680
solidarity contribution
-
-
-
-
total
-
-
-
73 980
Employee
43 513
-
127 447
-
income
5 222
-
15 383
-
solidarity contribution
-
-
-
-
social contributions
2 828
-
7 691
-
health
5 874
-
17 205
-
total
13 924
-
40 279
-
Employer
43 513
-
127 447
-
health
3 916
-
11 470
-
social contributions
10 878
-
29 582
-
total
14 794
-
41 052
-
Corporate
110 193
168 500
-
-
income
20 937
32 015
-
-
total
20 937
32 015
-
-
Dividends
89 256
136 485
-
-
withholding
13 388
20 473
-
-
total
13 388
20 473
-
-
Income
168 500
168 500
168 500
168 500
Total tax
63 043
52 488
81 331
73 980
After tax
105 457
116 012
87 169
94 520
Living cost
29 589
29 589
29 589
29 589
Free-cash
75 868
86 423
57 580
64 931

Estimated living cost  is ₽29589 per week

₽22004
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1639
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽512
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5434
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽54758
₽12838
₽61016
₽61510
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
168 500
chamber of commerce
-
-
-
674
unemployment
-
-
-
6 133
health
-
-
-
8 935
income
-
-
-
44 490
surtax
-
-
-
-
pensions
-
-
-
21 610
total
-
-
-
81 842
Employee
43 708
39 847
133 653
-
income
3 894
2 939
35 295
-
pensions
4 476
4 080
11 962
-
unemployment
1 311
1 195
3 505
-
health
1 691
1 543
4 520
-
other
436
398
1 169
-
total
11 808
10 155
56 451
-
Employer
43 708
39 847
133 653
-
pensions
5 486
5 002
14 660
-
other
2 076
1 892
6 205
-
accident
567
518
1 518
-
health
1 653
1 507
4 415
-
payroll
1 311
1 195
4 009
-
chamber of commerce
175
159
535
-
unemployment
1 311
1 195
3 505
-
surtax
-
-
-
-
total
12 579
11 468
34 847
-
Corporate
112 214
117 185
129 858
-
income

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

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

28 054
29 297
32 464
-
total
28 054
29 297
32 464
-
Dividends
84 160
87 888
-
-
withholding
23 143
24 170
-
-
total
23 143
24 170
-
-
Income
168 500
168 500
168 500
168 500
Total tax
75 584
75 090
123 762
81 842
After tax
92 916
93 410
44 738
86 658
Living cost
31 900
31 900
31 900
31 900
Free-cash
61 016
61 510
12 838
54 758

Estimated living cost  is ₽31900 per week

₽19136
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3258
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽569
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8937
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽152774
₽120759
₽143400
₽146034
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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%.

-
-
-
168 500
microenterprise

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

-
-
-
1 685
total
-
-
-
1 685
Employee
17 552
-
168 500
-
income
3 511
-
33 700
-
total
3 511
-
33 700
-
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%.

150 948
168 500
-
-
total
-
-
-
-
Dividends
150 948
168 500
-
-
withholding
7 548
8 425
-
-
total
7 548
8 425
-
-
Income
168 500
168 500
168 500
168 500
Total tax
11 059
8 425
33 700
1 685
After tax
157 441
160 075
134 800
166 815
Living cost
14 041
14 041
14 041
14 041
Free-cash
143 400
146 034
120 759
152 774

Estimated living cost  is ₽14041 per week

₽9502
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽589
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.
₽3479
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽55865
₽51400
₽80828
₽89193
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
168 500
unemployment
-
-
-
252
health
-
-
-
16 580
income
-
-
-
38 211
pensions
-
-
-
30 773
total
-
-
-
85 816
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.

44 215
-
145 799
-
income
7 625
-
35 357
-
pensions
6 854
-
22 599
-
unemployment
63
-
205
-
health
2 856
-
9 419
-
total
17 398
-
67 580
-
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.

44 215
-
145 799
-
pensions
3 913
-
12 903
-
health
2 945
-
9 711
-
unemployment
27
-
87
-
total
6 885
-
22 701
-
Corporate
117 401
168 500
-
-
income
22 307
32 014
-
-
total
22 307
32 014
-
-
Dividends
95 094
136 486
-
-
withholding
14 263
20 474
-
-
total
14 263
20 474
-
-
Income
168 500
168 500
168 500
168 500
Total tax
60 853
52 488
90 281
85 816
After tax
107 647
116 012
78 219
82 684
Living cost
26 819
26 819
26 819
26 819
Free-cash
80 828
89 193
51 400
55 865

Estimated living cost  is ₽26819 per week

₽18406
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.
₽520
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6176
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽73407
₽112338
₽12027
₽59475
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
168 500
social contributions
-
-
-
19 209
income
-
-
-
32 844
total
-
-
-
52 053
Employee
61 714
-
-
-
income
13 613
-
-
-
social contributions
5 061
-
721
-
total
18 674
-
721
-
Employer
61 714
-
-
-
social contributions
87 016
-
12 401
-
total
87 016
-
12 401
-
Corporate
19 770
168 500
-
-
income
4 350
37 070
-
-
total
4 350
37 070
-
-
Dividends
15 421
131 430
-
-
income
3 393
28 915
-
-
total
3 393
28 915
-
-
Income
168 500
168 500
168 500
168 500
Total tax
113 433
65 985
13 122
52 053
After tax
55 067
102 515
155 378
116 447
Living cost
43 040
43 040
43 040
43 040
Free-cash
12 027
59 475
112 338
73 407

Estimated living cost  is ₽43040 per week

₽27926
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4048
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽548
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10517
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽59197
₽46590
₽63473
₽64481
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
168 500
social contributions

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

-
-
-
58 554
income
-
-
-
19 386
surtax
-
-
-
-
total
-
-
-
77 940
Employee
45 987
-
136 161
-
income
9 565
-
43 229
-
social contributions
5 059
-
14 979
-
surtax
-
-
-
-
total
14 624
-
58 208
-
Employer
45 987
-
136 161
-
social contributions
10 922
-
32 339
-
total
10 922
-
32 339
-
Corporate
111 591
168 500
-
-
surtax
-
-
-
-
income
23 434
35 384
-
-
total
23 434
35 384
-
-
Dividends
88 157
133 116
-
-
withholding
24 684
37 272
-
-
total
24 684
37 272
-
-
Income
168 500
168 500
168 500
168 500
Total tax
73 664
72 656
90 547
77 940
After tax
94 836
95 844
77 953
90 560
Living cost
31 363
31 363
31 363
31 363
Free-cash
63 473
64 481
46 590
59 197

Estimated living cost  is ₽31363 per week

₽23466
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1850
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽524
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5524
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽46783
₽45145
₽43507
₽36630
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
168 500
other
-
-
-
5 224
social contributions
-
-
-
4 801
health
-
-
-
6 888
income
-
-
-
25 739
surtax
-
-
-
-
pensions
-
-
-
30 772
total
-
-
-
73 424
Employee
62 625
-
130 993
-
income
5 464
-
24 957
-
pensions
7 083
-
8 865
-
social contributions
1 784
-
3 732
-
surtax
-
-
-
-
total
14 331
-
37 554
-
Employer
62 625
-
130 993
-
pensions
10 290
-
14 970
-
other
2 161
-
5 006
-
health
4 383
-
11 834
-
unemployment
2 537
-
5 305
-
social contributions
188
-
393
-
total
19 559
-
37 508
-
Corporate
86 316
168 500
-
-
surtax
-
-
-
-
income
24 168
47 181
-
-
total
24 168
47 181
-
-
Dividends
62 148
121 319
-
-
surtax
-
-
-
-
social contributions
10 688
20 867
-
-
withholding
7 954
15 529
-
-
total
18 642
36 396
-
-
Income
168 500
168 500
168 500
168 500
Total tax
76 700
83 577
75 062
73 424
After tax
91 800
84 923
93 438
95 076
Living cost
48 293
48 293
48 293
48 293
Free-cash
43 507
36 630
45 145
46 783

Estimated living cost  is ₽48293 per week

₽32684
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3951
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽662
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10996
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽94303
₽98779
₽118234
₽121594
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
168 500
social contributions
-
-
-
37 069
income
-
-
-
7 072
total
-
-
-
44 141
Employee
32 145
-
145 888
-
social contributions
2 089
-
9 484
-
income
-
-
7 569
-
total
2 089
-
17 053
-
Employer
32 145
-
145 888
-
social contributions
4 983
-
22 612
-
total
4 983
-
22 612
-
Corporate
131 372
168 500
-
-
income
13 138
16 850
-
-
total
13 138
16 850
-
-
Dividends
118 234
151 650
-
-
total
-
-
-
-
Income
168 500
168 500
168 500
168 500
Total tax
20 210
16 850
39 665
44 141
After tax
148 290
151 650
128 835
124 359
Living cost
30 056
30 056
30 056
30 056
Free-cash
118 234
121 594
98 779
94 303

Estimated living cost  is ₽30056 per week

₽19434
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2266
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.
₽7791
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽51651
-₽49424
-₽49424
-₽49424
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
168 500
municipal
-
-
-
34 871
national
-
-
-
19 530
labour market
-
-
-
13 411
pensions
-
-
-
867
total
-
-
-
68 679
Employee
203 314
203 314
203 314
-
labour market
16 242
16 242
16 242
-
pensions
289
289
289
-
national
24 839
24 839
24 839
-
municipal
43 295
43 295
43 295
-
total
84 665
84 665
84 665
-
Employer
203 314
203 314
203 314
-
pensions
578
578
578
-
municipal
43 364
43 364
43 364
-
national
24 882
24 882
24 882
-
labour market
16 265
16 265
16 265
-
total
85 089
85 089
85 089
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
168 500
168 500
168 500
168 500
Total tax
169 754
169 754
169 754
68 679
After tax
-1 254
-1 254
-1 254
99 821
Living cost
48 170
48 170
48 170
48 170
Free-cash
-49 424
-49 424
-49 424
51 651

Estimated living cost  is ₽48170 per week

₽32968
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4261
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽741
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10200
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽93621
₽69691
₽10337
-₽7943
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
168 500
other
-
-
-
369
accident
-
-
-
252
health
-
-
-
2 172
income
-
-
-
46 350
pensions
-
-
-
4 145
total
-
-
-
53 288
Employee
33 964
-
151 292
-
income
4 659
-
35 089
-
pensions
3 825
-
7 599
-
health
3 889
-
17 323
-
total
12 373
-
60 011
-
Employer
33 964
-
151 292
-
pensions
5 522
-
10 974
-
accident
567
-
2 527
-
unemployment
832
-
3 706
-
total
6 921
-
17 207
-
Corporate
127 615
168 500
-
-
income

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

114 853
151 650
-
-
total
114 853
151 650
-
-
Dividends
12 761
16 850
-
-
withholding
2 425
3 202
-
-
total
2 425
3 202
-
-
Income
168 500
168 500
168 500
168 500
Total tax
136 572
154 852
77 218
53 288
After tax
31 928
13 648
91 282
115 212
Living cost
21 591
21 591
21 591
21 591
Free-cash
10 337
-7 943
69 691
93 621

Estimated living cost  is ₽21591 per week

₽15716
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1231
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽405
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4239
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽71401
₽50489
₽70002
₽67670
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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

-
-
-
168 500
municipal
-
-
-
29 938
health
-
-
-
2 178
national
-
-
-
26 595
total
-
-
-
58 711
Employee
52 606
-
141 751
-
pensions
3 550
-
9 569
-
national
869
-
16 320
-
municipal
8 616
-
23 092
-
unemployment
789
-
2 127
-
health
393
-
1 767
-
total
14 217
-
52 875
-
Employer
52 606
-
141 751
-
pensions
9 127
-
24 593
-
accident
53
-
142
-
health
404
-
1 091
-
unemployment
342
-
922
-
total
9 926
-
26 748
-
Corporate
105 968
168 500
-
-
income
21 193
33 699
-
-
total
21 193
33 699
-
-
Dividends

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

63 581
101 101
-
-
municipal
11 446
18 199
-
-
national
3 328
10 544
-
-
total
14 774
28 743
-
-
Income
168 500
168 500
168 500
168 500
Total tax
60 110
62 442
79 623
58 711
After tax
108 390
106 058
88 877
109 789
Living cost
38 388
38 388
38 388
38 388
Free-cash
70 002
67 670
50 489
71 401

Estimated living cost  is ₽38388 per week

₽25075
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3692
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽611
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9011
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽92403
₽90898
₽94355
₽99799
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
168 500
social contributions
-
-
-
16 178
health
-
-
-
4 296
income
-
-
-
32 473
total
-
-
-
52 947
Employee
76 887
76 887
156 988
-
income
8 372
7 117
31 665
-
social contributions
2 907
6 381
8 607
-
health
596
1 307
2 668
-
total
11 875
14 805
42 940
-
Employer
76 887
76 887
156 988
-
health
647
1 423
2 905
-
social contributions
2 907
6 381
8 607
-
total
3 554
7 804
11 512
-
Corporate
129 921
83 809
-
-
income
16 240
10 476
-
-
total
16 240
10 476
-
-
Dividends
113 681
73 333
-
-
withholding
19 326
12 466
-
-
total
19 326
12 466
-
-
Income
168 500
168 500
168 500
168 500
Total tax
50 995
45 551
54 452
52 947
After tax
117 505
122 949
114 048
115 553
Living cost
23 150
23 150
23 150
23 150
Free-cash
94 355
99 799
90 898
92 403

Estimated living cost  is ₽23150 per week

₽13874
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2271
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽512
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6493
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽125538
₽105483
₽118572
₽123660
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
168 500
unemployment
-
-
-
28
health
-
-
-
3 618
income
-
-
-
17 081
pensions
-
-
-
6 360
total
-
-
-
27 087
Employee

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

22 951
-
158 728
-
income
1 569
-
14 601
-
pensions
3 442
-
14 231
-
unemployment
114
-
474
-
health
1 951
-
8 064
-
total
7 076
-
37 370
-
Employer

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

22 951
-
158 728
-
pensions
1 262
-
5 218
-
health
987
-
4 080
-
unemployment
114
-
474
-
total
2 363
-
9 772
-
Corporate
143 187
168 500
-
-
income
12 888
15 165
-
-
total
12 888
15 165
-
-
Dividends
130 299
153 335
-
-
withholding
11 726
13 800
-
-
total
11 726
13 800
-
-
Income
168 500
168 500
168 500
168 500
Total tax
34 053
28 965
47 142
27 087
After tax
134 447
139 535
121 358
141 413
Living cost
15 875
15 875
15 875
15 875
Free-cash
118 572
123 660
105 483
125 538

Estimated living cost  is ₽15875 per week

₽10129
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1144
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽472
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4129
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽67151
₽62956
₽80497
₽84913
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
168 500
other
-
-
-
93
unemployment
-
-
-
649
accident
-
-
-
835
income
-
-
-
46 049
pensions
-
-
-
26 227
total
-
-
-
73 853
Employee
36 972
-
138 954
-
income
7 128
-
42 616
-
pensions
1 738
-
4 357
-
unemployment
573
-
1 436
-
other
36
-
93
-
total
9 475
-
48 502
-
Employer
36 972
-
138 954
-
pensions
8 725
-
21 872
-
other
296
-
742
-
accident
732
-
1 835
-
unemployment
2 034
-
5 097
-
total
11 787
-
29 546
-
Corporate
119 741
168 500
-
-
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.

17 961
25 274
-
-
total
17 961
25 274
-
-
Dividends
101 780
143 226
-
-
withholding
21 284
30 817
-
-
total
21 284
30 817
-
-
Income
168 500
168 500
168 500
168 500
Total tax
60 507
56 091
78 048
73 853
After tax
107 993
112 409
90 452
94 647
Living cost
27 496
27 496
27 496
27 496
Free-cash
80 497
84 913
62 956
67 151

Estimated living cost  is ₽27496 per week

₽18559
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2643
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽482
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5812
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽105179
₽104983
₽101956
₽102406
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
168 500
health
-
-
-
1 448
income
-
-
-
57 138
pensions
-
-
-
1 997
total
-
-
-
60 583
Employee
4 171
-
166 253
-
income
807
-
57 033
-
pensions
375
-
899
-
unemployment
42
-
100
-
health
209
-
499
-
total
1 433
-
58 531
-
Employer
4 171
-
166 253
-
pensions
459
-
1 099
-
health
396
-
949
-
unemployment
83
-
200
-
total
938
-
2 248
-
Corporate
163 391
168 500
-
-
income
35 946
37 070
-
-
total
35 946
37 070
-
-
Dividends
127 445
131 430
-
-
withholding
25 489
26 286
-
-
total
25 489
26 286
-
-
Income
168 500
168 500
168 500
168 500
Total tax
63 806
63 356
60 779
60 583
After tax
104 694
105 144
107 721
107 917
Living cost
2 738
2 738
2 738
2 738
Free-cash
101 956
102 406
104 983
105 179

Estimated living cost  is ₽2738 per week

₽1627
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽222
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.
₽826
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽85325
₽85325
₽99528
₽104448
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
168 500
unemployment
-
-
-
1 108
health
-
-
-
7 612
income
-
-
-
37 948
pensions
-
-
-
19 214
total
-
-
-
65 882
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.

26 076
-
155 272
-
income
3 594
-
37 948
-
pensions
3 651
-
10 346
-
unemployment
196
-
554
-
health
1 343
-
3 806
-
total
8 784
-
52 654
-
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.

26 076
-
155 272
-
pensions
3 129
-
8 868
-
health
1 343
-
3 806
-
unemployment
196
-
554
-
total
4 668
-
13 228
-
Corporate
137 756
168 500
-
-
income
20 663
25 275
-
-
total
20 663
25 275
-
-
Dividends
117 093
143 225
-
-
withholding
17 564
21 484
-
-
total
17 564
21 484
-
-
Income
168 500
168 500
168 500
168 500
Total tax
51 679
46 759
65 882
65 882
After tax
116 821
121 741
102 618
102 618
Living cost
17 293
17 293
17 293
17 293
Free-cash
99 528
104 448
85 325
85 325

Estimated living cost  is ₽17293 per week

₽11643
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1338
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.
₽3811
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽63604
₽50997
₽68527
₽68888
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
168 500
social contributions

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

-
-
-
58 554
income
-
-
-
19 386
surtax
-
-
-
-
total
-
-
-
77 940
Employee
38 808
-
136 161
-
income
7 583
-
43 229
-
social contributions
4 269
-
14 979
-
surtax
-
-
-
-
total
11 852
-
58 208
-
Employer
38 808
-
136 161
-
social contributions
9 216
-
32 339
-
total
9 216
-
32 339
-
Corporate
120 476
168 500
-
-
surtax
-
-
-
-
income
25 301
35 384
-
-
total
25 301
35 384
-
-
Dividends
95 175
133 116
-
-
withholding
26 648
37 272
-
-
total
26 648
37 272
-
-
Income
168 500
168 500
168 500
168 500
Total tax
73 017
72 656
90 547
77 940
After tax
95 483
95 844
77 953
90 560
Living cost
26 956
26 956
26 956
26 956
Free-cash
68 527
68 888
50 997
63 604

Estimated living cost  is ₽26956 per week

₽19092
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1873
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽478
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5514
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽59507
₽55312
₽70612
₽77269
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
168 500
other
-
-
-
93
unemployment
-
-
-
649
accident
-
-
-
835
income
-
-
-
46 049
pensions
-
-
-
26 227
total
-
-
-
73 853
Employee
48 290
-
138 954
-
income
10 086
-
42 616
-
pensions
2 269
-
4 357
-
unemployment
748
-
1 436
-
other
47
-
93
-
total
13 150
-
48 502
-
Employer
48 290
-
138 954
-
pensions
11 396
-
21 872
-
other
387
-
742
-
accident
956
-
1 835
-
unemployment
2 656
-
5 097
-
total
15 395
-
29 546
-
Corporate
104 814
168 500
-
-
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.

15 722
25 274
-
-
total
15 722
25 274
-
-
Dividends
89 091
143 226
-
-
withholding
18 481
30 817
-
-
total
18 481
30 817
-
-
Income
168 500
168 500
168 500
168 500
Total tax
62 748
56 091
78 048
73 853
After tax
105 752
112 409
90 452
94 647
Living cost
35 140
35 140
35 140
35 140
Free-cash
70 612
77 269
55 312
59 507

Estimated living cost  is ₽35140 per week

₽25236
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2732
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽495
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6677
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽116704
₽123231
₽120779
₽126871
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
168 500
unemployment
-
-
-
140
health
-
-
-
4 016
income
-
-
-
25 275
pensions

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

-
-
-
5 168
total
-
-
-
34 599
Employee
22 772
-
161 649
-
income
2 278
-
16 165
-
pensions

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

1 999
-
3 066
-
health
1 048
-
1 606
-
accident

We are using the highest rate at 1.1%.

250
-
384
-
total
5 575
-
21 221
-
Employer
22 772
-
161 649
-
pensions

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

2 509
-
3 848
-
accident

We are using the highest rate at 1.1%.

250
-
384
-
health
1 571
-
2 409
-
unemployment
137
-
210
-
total
4 467
-
6 851
-
Corporate
141 260
168 500
-
-
income
14 126
16 850
-
-
total
14 126
16 850
-
-
Dividends
127 134
151 650
-
-
withholding
6 356
7 582
-
-
total
6 356
7 582
-
-
Income
168 500
168 500
168 500
168 500
Total tax
30 524
24 432
28 072
34 599
After tax
137 976
144 068
140 428
133 901
Living cost
17 197
17 197
17 197
17 197
Free-cash
120 779
126 871
123 231
116 704

Estimated living cost  is ₽17197 per week

₽11374
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽985
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽410
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4429
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽51501
₽69009
₽61210
₽48127
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
168 500
trade
-
-
-
17 508
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.

-
-
-
6 831
income

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

-
-
-
51 239
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.

-
-
-
2 818
total
-
-
-
78 396
Employee

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

49 751
-
168 500
-
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.

226
-
2 818
-
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.

4 091
-
51 239
-
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.

6 831
-
6 831
-
total
11 148
-
60 888
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
118 749
168 500
-
-
trade
17 041
24 180
-
-
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.

979
1 391
-
-
income
17 812
25 274
-
-
chamber of commerce
326
398
-
-
total
36 158
51 243
-
-
Dividends
82 591
117 257
-
-
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.

1 114
1 592
-
-
withholding
20 267
28 935
-
-
total
21 381
30 527
-
-
Income
168 500
168 500
168 500
168 500
Total tax
68 687
81 770
60 888
78 396
After tax
99 813
86 730
107 612
90 104
Living cost
38 603
38 603
38 603
38 603
Free-cash
61 210
48 127
69 009
51 501

Estimated living cost  is ₽38603 per week

₽26629
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4154
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽560
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7260
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽32734
₽32734
₽63199
₽60993
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
168 500
social contributions
-
-
-
27 935
income
-
-
-
50 873
total
-
-
-
78 808
Employee
78 213
-
168 500
-
social contributions
6 498
-
27 935
-
income
14 759
-
50 873
-
total
21 257
-
78 808
-
Employer
78 213
-
168 500
-
total
-
-
-
-
Corporate
90 287
168 500
-
-
income
11 286
21 062
-
-
total
11 286
21 062
-
-
Dividends
79 000
147 438
-
-
withholding
15 800
29 487
-
-
total
15 800
29 487
-
-
Income
168 500
168 500
168 500
168 500
Total tax
48 343
50 549
78 808
78 808
After tax
120 157
117 951
89 692
89 692
Living cost
56 958
56 958
56 958
56 958
Free-cash
63 199
60 993
32 734
32 734

Estimated living cost  is ₽56958 per week

₽43333
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4641
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽545
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8440
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽97067
₽83977
₽71440
₽67946
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
168 500
health

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

-
-
-
6 675
income
-
-
-
28 462
total
-
-
-
35 137
Employee
45 869
-
163 901
-
social contributions
4 596
-
4 599
-
income
4 977
-
39 029
-
total
9 573
-
43 628
-
Employer
45 869
-
163 901
-
social contributions
4 596
-
4 599
-
total
4 596
-
4 599
-
Corporate
118 035
168 500
-
-
income
41 312
58 975
-
-
total
41 312
58 975
-
-
Dividends
76 724
109 525
-
-
social contributions
5 283
5 283
-
-
total
5 283
5 283
-
-
Income
168 500
168 500
168 500
168 500
Total tax
60 764
64 258
48 227
35 137
After tax
107 736
104 242
120 273
133 363
Living cost
36 296
36 296
36 296
36 296
Free-cash
71 440
67 946
83 977
97 067

Estimated living cost  is ₽36296 per week

₽23908
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2861
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽556
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8969
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽75033
₽59736
₽79832
₽73876
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
168 500
income
-
-
-
47 240
pensions
-
-
-
8 875
total
-
-
-
56 115
Employee
51 271
-
147 273
-
income
9 337
-
37 040
-
pensions
3 913
-
10 978
-
health
669
-
2 169
-
total
13 919
-
50 187
-
Employer
51 271
-
147 273
-
pensions
5 180
-
18 428
-
health
974
-
2 797
-
total
6 154
-
21 225
-
Corporate
111 074
168 500
-
-
income

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

21 103
32 015
-
-
total
21 103
32 015
-
-
Dividends
89 971
136 485
-
-
withholding
10 140
25 257
-
-
total
10 140
25 257
-
-
Income
168 500
168 500
168 500
168 500
Total tax
51 316
57 272
71 412
56 115
After tax
117 184
111 228
97 088
112 385
Living cost
37 352
37 352
37 352
37 352
Free-cash
79 832
73 876
59 736
75 033

Estimated living cost  is ₽37352 per week

₽25623
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3435
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽467
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7824
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽91484
₽67554
₽10009
-₽10080
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
168 500
other
-
-
-
369
accident
-
-
-
252
health
-
-
-
2 172
income
-
-
-
46 350
pensions
-
-
-
4 145
total
-
-
-
53 288
Employee
37 325
-
151 292
-
income
5 121
-
35 089
-
pensions
4 203
-
7 599
-
health
4 274
-
17 323
-
total
13 598
-
60 011
-
Employer
37 325
-
151 292
-
pensions
6 069
-
10 974
-
accident
623
-
2 527
-
unemployment
914
-
3 706
-
total
7 606
-
17 207
-
Corporate
123 568
168 500
-
-
income

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

111 211
151 650
-
-
total
111 211
151 650
-
-
Dividends
12 357
16 850
-
-
withholding
2 348
3 202
-
-
total
2 348
3 202
-
-
Income
168 500
168 500
168 500
168 500
Total tax
134 763
154 852
77 218
53 288
After tax
33 737
13 648
91 282
115 212
Living cost
23 728
23 728
23 728
23 728
Free-cash
10 009
-10 080
67 554
91 484

Estimated living cost  is ₽23728 per week

₽17414
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1383
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽478
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4454
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽83375
₽105353
₽123616
₽128292
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
168 500
work injury
-
-
-
799
unemployment
-
-
-
1 918
income
-
-
-
27 667
health insurance
-
-
-
11 829
pensions
-
-
-
29 411
total
-
-
-
71 624
Employee

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

21 601
-
168 500
-
income
2 160
-
27 667
-
work injury
108
-
400
-
pensions
3 975
-
14 706
-
unemployment
259
-
959
-
health insurance
1 598
-
5 914
-
total
8 100
-
49 646
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
146 899
168 500
-
-
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%.

1 469
1 685
-
-
total
1 469
1 685
-
-
Dividends
145 430
166 815
-
-
withholding
21 814
25 022
-
-
total
21 814
25 022
-
-
Income
168 500
168 500
168 500
168 500
Total tax
31 383
26 707
49 646
71 624
After tax
137 117
141 793
118 854
96 876
Living cost
13 501
13 501
13 501
13 501
Free-cash
123 616
128 292
105 353
83 375

Estimated living cost  is ₽13501 per week

₽8364
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽981
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽421
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3735
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽39147
₽31751
₽44371
₽48922
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
168 500
social contributions
-
-
-
43 338
municipal
-
-
-
1 127
national
-
-
-
41 204
regional
-
-
-
3 851
total
-
-
-
89 520
Employee
84 257
-
168 500
-
national
14 239
-
35 676
-
social contributions
28 411
-
56 818
-
municipal
503
-
1 006
-
regional
1 272
-
3 416
-
total
44 425
-
96 916
-
Employer
84 257
-
168 500
-
total
-
-
-
-
Corporate
84 243
168 500
-
-
nationa
20 218
40 441
-
-
municipal
4 061
8 121
-
-
total
24 279
48 562
-
-
Dividends
59 965
119 938
-
-
withholding
15 592
31 183
-
-
total
15 592
31 183
-
-
Income
168 500
168 500
168 500
168 500
Total tax
84 296
79 745
96 916
89 520
After tax
84 204
88 755
71 584
78 980
Living cost
39 833
39 833
39 833
39 833
Free-cash
44 371
48 922
31 751
39 147

Estimated living cost  is ₽39833 per week

₽27980
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2740
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.
₽8510
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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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