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
₽ 169000
per

Your estimated
City
free-cash

Dresden , Germany
₽54519
₽65742
₽58173
₽77361
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
169 000
trade
-
-
-
19 188
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.

-
-
-
51 160
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.

-
-
-
6 932
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.

-
-
-
2 813
total
-
-
-
80 093
Employee

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

38 810
-
169 000
-
health

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

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

6 932
-
6 932
-
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.

60
-
2 813
-
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.

1 084
-
51 160
-
total
8 076
-
60 905
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
130 190
169 000
-
-
surtax

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

1 074
1 394
-
-
income
19 529
25 350
-
-
trade
20 505
26 617
-
-
chamber of commerce
341
397
-
-
total
41 449
53 758
-
-
Dividends
88 741
115 242
-
-
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.

1 200
1 564
-
-
withholding
21 799
28 425
-
-
total
22 999
29 989
-
-
Income
169 000
169 000
169 000
169 000
Total tax
72 524
83 747
60 905
80 093
After tax
96 476
85 253
108 095
88 907
Living cost
30 734
30 734
30 734
30 734
Free-cash
65 742
54 519
77 361
58 173

Estimated living cost  is ₽30734 per week

₽19333
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3583
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽574
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7244
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽54330
₽53481
₽48730
₽50056
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
169 000
municipal
-
-
-
18 453
pensions
-
-
-
20 280
national
-
-
-
28 594
social contributions
-
-
-
1 817
total
-
-
-
69 144
Employee
79 255
-
146 099
-
municipal
9 789
-
19 107
-
pensions
3 170
-
5 844
-
national
15 169
-
29 608
-
total
28 128
-
54 559
-
Employer
79 255
-
146 099
-
social contributions
852
-
1 571
-
pensions
6 340
-
11 688
-
total
7 192
-
13 259
-
Corporate
77 322
169 000
-
-
income

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

15 464
33 800
-
-
total
15 464
33 800
-
-
Dividends
61 858
135 200
-
-
withholding
13 609
29 744
-
-
total
13 609
29 744
-
-
Income
169 000
169 000
169 000
169 000
Total tax
64 393
63 544
67 818
69 144
After tax
104 607
105 456
101 182
99 856
Living cost
51 126
51 126
51 126
51 126
Free-cash
53 481
54 330
50 056
48 730

Estimated living cost  is ₽51126 per week

₽34750
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4753
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽765
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10858
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽114091
₽105766
₽36371
₽48558
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
169 000
microenterprise
-
-
-
-
income
-
-
-
29 546
surtax
-
-
-
43 096
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.

-
-
-
38 877
total
-
-
-
111 519
Employee
29 650
-
126 008
-
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.

3 262
-
13 302
-
surtax
-
-
18 272
-
income
5 278
-
24 766
-
total
8 540
-
56 340
-
Employer
29 650
-
126 008
-
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.

7 142
-
29 132
-
surtax
-
-
13 860
-
total
7 142
-
42 992
-
Corporate
132 208
169 000
-
-
income

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

26 442
33 799
-
-
total
26 442
33 799
-
-
Dividends

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

105 767
135 201
-
-
total
-
-
-
-
Income
169 000
169 000
169 000
169 000
Total tax
42 124
33 799
99 332
111 519
After tax
126 876
135 201
69 668
57 481
Living cost
21 110
21 110
21 110
21 110
Free-cash
105 766
114 091
48 558
36 371

Estimated living cost  is ₽21110 per week

₽13467
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2010
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽479
Clothing and shoes. We estimate one pair of shoes and 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 Riga model

Close
Rotterdam , Netherlands
₽41021
₽34803
₽51473
₽62024
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
169 000
income
-
-
-
50 620
pensions
-
-
-
11 888
health
-
-
-
12 512
total
-
-
-
75 020
Employee
86 650
86 650
150 143
-
health
13 300
11 313
12 512
-
income

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

14 183
14 183
21 212
-
pensions
15 597
11 888
11 888
-
total
43 080
37 384
45 612
-
Employer
86 650
86 650
150 143
-
unemployment
3 119
3 119
3 876
-
pensions
6 031
6 031
7 496
-
health
6 023
6 023
7 485
-
total
15 173
15 173
18 857
-
Corporate
68 239
67 177
-
-
income
13 648
13 435
-
-
total
13 648
13 435
-
-
Dividends
54 591
53 742
-
-
income
11 600
11 420
-
-
withholding
8 189
8 060
-
-
total
19 789
19 480
-
-
Income
169 000
169 000
169 000
169 000
Total tax
91 690
85 472
64 469
75 020
After tax
77 310
83 528
104 531
93 980
Living cost
42 507
42 507
42 507
42 507
Free-cash
34 803
41 021
62 024
51 473

Estimated living cost  is ₽42507 per week

₽30123
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3832
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽676
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7876
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽53169
₽52293
₽47899
₽46950
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
169 000
municipal
-
-
-
42 992
accident
-
-
-
171
pensions
-
-
-
9 265
other
-
-
-
9 959
unemployment
-
-
-
86
health
-
-
-
5 348
national
-
-
-
14 175
total
-
-
-
81 996
Employee
55 722
-
142 071
-
municipal
16 616
-
42 366
-
national
-
-
13 650
-
total
16 616
-
56 016
-
Employer
55 722
-
142 071
-
accident
111
-
171
-
other
6 475
-
9 959
-
unemployment
1 471
-
2 263
-
pensions
6 023
-
9 265
-
health
3 427
-
5 271
-
total
17 507
-
26 929
-
Corporate
95 771
169 000
-
-
income
21 069
37 180
-
-
total
21 069
37 180
-
-
Dividends
74 701
131 820
-
-
withholding
22 410
39 546
-
-
total
22 410
39 546
-
-
Income
169 000
169 000
169 000
169 000
Total tax
77 602
76 726
82 945
81 996
After tax
91 398
92 274
86 055
87 004
Living cost
39 105
39 105
39 105
39 105
Free-cash
52 293
53 169
46 950
47 899

Estimated living cost  is ₽39105 per week

₽25918
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3837
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽594
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8757
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽44524
₽58779
₽48195
₽68234
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
169 000
trade
-
-
-
20 039
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.

-
-
-
51 160
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.

-
-
-
6 932
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.

-
-
-
2 813
total
-
-
-
80 944
Employee

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

51 457
-
169 000
-
health

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

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

6 932
-
6 932
-
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.

243
-
2 813
-
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.

4 421
-
51 160
-
total
11 596
-
60 905
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
117 543
169 000
-
-
surtax

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

970
1 394
-
-
income
17 632
25 350
-
-
trade
19 336
27 801
-
-
chamber of commerce
322
395
-
-
total
38 260
54 940
-
-
Dividends
79 282
114 060
-
-
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.

1 069
1 546
-
-
withholding
19 435
28 129
-
-
total
20 504
29 675
-
-
Income
169 000
169 000
169 000
169 000
Total tax
70 360
84 615
60 905
80 944
After tax
98 640
84 385
108 095
88 056
Living cost
39 861
39 861
39 861
39 861
Free-cash
58 779
44 524
68 234
48 195

Estimated living cost  is ₽39861 per week

₽26659
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4203
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽595
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8403
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽90406
₽86202
₽83089
₽81575
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
169 000
income
-
-
-
32 274
health
-
-
-
4 309
social contributions
-
-
-
16 417
total
-
-
-
53 000
Employee
78 025
78 025
157 354
-
social contributions
3 791
6 476
8 734
-
health
776
1 327
2 675
-
income
8 193
7 223
31 460
-
total
12 760
15 026
42 869
-
Employer
78 025
78 025
157 354
-
social contributions
3 791
6 476
8 734
-
health
845
1 444
2 911
-
total
4 636
7 920
11 645
-
Corporate
118 691
83 056
-
-
income
14 836
10 383
-
-
total
14 836
10 383
-
-
Dividends
103 855
72 673
-
-
withholding
17 655
12 354
-
-
total
17 655
12 354
-
-
Income
169 000
169 000
169 000
169 000
Total tax
49 887
45 683
54 514
53 000
After tax
119 113
123 317
114 486
116 000
Living cost
32 911
32 911
32 911
32 911
Free-cash
86 202
90 406
81 575
83 089

Estimated living cost  is ₽32911 per week

₽22498
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2571
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽553
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7290
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽76481
₽76865
₽98599
₽79495
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
169 000
income
-
-
-
20 660
pensions
-
-
-
16 900
unemployment
-
-
-
2 535
health
-
-
-
11 830
total
-
-
-
51 925
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.

26 671
10 615
141 423
-
health
1 867
743
9 900
-
income
3 260
1 298
17 289
-
pensions
2 667
1 061
14 142
-
unemployment
400
159
2 121
-
total
8 194
3 261
43 452
-
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.

26 671
10 615
141 423
-
pensions
5 201
2 070
27 577
-
total
5 201
2 070
27 577
-
Corporate
137 129
156 316
-
-
income
12 342
14 068
-
-
total
12 342
14 068
-
-
Dividends
124 787
142 247
-
-
social contributions
24 212
27 617
-
-
withholding
23 710
27 027
-
-
total
47 922
54 644
-
-
Income
169 000
169 000
169 000
169 000
Total tax
73 659
74 043
71 029
51 925
After tax
95 341
94 957
97 971
117 075
Living cost
18 476
18 476
18 476
18 476
Free-cash
76 865
76 481
79 495
98 599

Estimated living cost  is ₽18476 per week

₽12608
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1512
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽369
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3987
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽110693
₽104389
₽66074
₽72900
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
169 000
income
-
-
-
22 646
pensions
-
-
-
33 801
health
-
-
-
21 971
total
-
-
-
78 418
Employee
28 785
-
126 308
-
income
3 241
-
24 353
-
pensions
576
-
2 526
-
unemployment
460
-
2 022
-
total
4 277
-
28 901
-
Employer
28 785
-
126 308
-
unemployment
231
-
1 011
-
pensions
5 757
-
25 261
-
health
3 741
-
16 419
-
total
9 729
-
42 691
-
Corporate
130 485
169 000
-
-
income
26 097
33 799
-
-
total
26 097
33 799
-
-
Dividends
104 388
135 201
-
-
total
-
-
-
-
Income
169 000
169 000
169 000
169 000
Total tax
40 103
33 799
71 592
78 418
After tax
128 897
135 201
97 408
90 582
Living cost
24 508
24 508
24 508
24 508
Free-cash
104 389
110 693
72 900
66 074

Estimated living cost  is ₽24508 per week

₽16810
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1460
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽493
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5746
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽8415
₽10300
₽93453
₽69413
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
169 000
accident
-
-
-
254
income
-
-
-
46 445
pensions
-
-
-
4 181
other
-
-
-
372
health
-
-
-
2 191
total
-
-
-
53 443
Employee
34 771
-
151 681
-
health
3 981
-
17 367
-
income
4 770
-
35 131
-
pensions
3 915
-
7 666
-
total
12 666
-
60 164
-
Employer
34 771
-
151 681
-
accident
580
-
2 533
-
unemployment
852
-
3 716
-
pensions
5 654
-
11 070
-
total
7 086
-
17 319
-
Corporate
127 142
169 000
-
-
income

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

114 428
152 100
-
-
total
114 428
152 100
-
-
Dividends
12 714
16 900
-
-
withholding
2 416
3 211
-
-
total
2 416
3 211
-
-
Income
169 000
169 000
169 000
169 000
Total tax
136 596
155 311
77 483
53 443
After tax
32 404
13 689
91 517
115 557
Living cost
22 104
22 104
22 104
22 104
Free-cash
10 300
-8 415
69 413
93 453

Estimated living cost  is ₽22104 per week

₽16201
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1225
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.
₽4218
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽151288
₽149552
₽158048
₽125938
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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%.

-
-
-
169 000
microenterprise

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

-
-
-
1 690
total
-
-
-
1 690
Employee
11 577
-
169 000
-
income
2 315
-
33 800
-
total
2 315
-
33 800
-
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%.

157 423
169 000
-
-
total
-
-
-
-
Dividends
157 423
169 000
-
-
withholding
7 871
8 450
-
-
total
7 871
8 450
-
-
Income
169 000
169 000
169 000
169 000
Total tax
10 186
8 450
33 800
1 690
After tax
158 814
160 550
135 200
167 310
Living cost
9 262
9 262
9 262
9 262
Free-cash
149 552
151 288
125 938
158 048

Estimated living cost  is ₽9262 per week

₽5740
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽770
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽255
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2497
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽97126
₽90275
₽65643
₽68980
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
169 000
income
-
-
-
25 169
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.

-
-
-
37 032
other
-
-
-
7 329
health
-
-
-
6 790
total
-
-
-
76 320
Employee
36 842
-
134 985
-
health
516
-
1 889
-
income
6 343
-
26 280
-
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.

2 578
-
9 449
-
unemployment
368
-
1 350
-
total
9 805
-
38 968
-
Employer
36 842
-
134 985
-
accident
295
-
1 080
-
other
1 843
-
6 749
-
unemployment
368
-
1 350
-
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.

6 264
-
22 947
-
health
516
-
1 889
-
total
9 286
-
34 015
-
Corporate
122 873
169 000
-
-
income
25 802
35 490
-
-
total
25 802
35 490
-
-
Dividends
97 070
133 510
-
-
withholding
6 795
9 347
-
-
total
6 795
9 347
-
-
Income
169 000
169 000
169 000
169 000
Total tax
51 688
44 837
72 983
76 320
After tax
117 312
124 163
96 017
92 680
Living cost
27 037
27 037
27 037
27 037
Free-cash
90 275
97 126
68 980
65 643

Estimated living cost  is ₽27037 per week

₽19103
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1825
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽435
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5673
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽43371
₽44080
₽44442
₽29081
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
169 000
income
-
-
-
47 094
pensions
-
-
-
8 985
total
-
-
-
56 079
Employee
96 888
-
147 735
-
health
1 597
-
2 186
-
income
17 465
-
36 854
-
pensions
9 347
-
11 136
-
total
28 409
-
50 176
-
Employer
96 888
-
147 735
-
pensions
11 440
-
18 457
-
health
1 840
-
2 807
-
total
13 280
-
21 264
-
Corporate
58 832
169 000
-
-
income

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

11 178
32 109
-
-
total
11 178
32 109
-
-
Dividends
47 654
136 891
-
-
withholding
3 574
25 041
-
-
total
3 574
25 041
-
-
Income
169 000
169 000
169 000
169 000
Total tax
56 441
57 150
71 440
56 079
After tax
112 559
111 850
97 560
112 921
Living cost
68 479
68 479
68 479
68 479
Free-cash
44 080
43 371
29 081
44 442

Estimated living cost  is ₽68479 per week

₽51313
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽8046
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽557
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8565
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽131182
₽126464
₽120867
₽127390
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
169 000
income
-
-
-
25 350
pensions

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

-
-
-
5 249
unemployment
-
-
-
142
health
-
-
-
4 079
total
-
-
-
34 820
Employee
17 628
-
162 042
-
health
811
-
1 631
-
accident

We are using the highest rate at 1.1%.

194
-
390
-
income
1 763
-
16 204
-
pensions

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

1 548
-
3 114
-
total
4 316
-
21 339
-
Employer
17 628
-
162 042
-
accident

We are using the highest rate at 1.1%.

194
-
390
-
unemployment
105
-
213
-
pensions

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

1 943
-
3 908
-
health
1 217
-
2 447
-
total
3 459
-
6 958
-
Corporate
147 913
169 000
-
-
income
14 792
16 900
-
-
total
14 792
16 900
-
-
Dividends
133 121
152 100
-
-
withholding
6 656
7 605
-
-
total
6 656
7 605
-
-
Income
169 000
169 000
169 000
169 000
Total tax
29 223
24 505
28 297
34 820
After tax
139 777
144 495
140 703
134 180
Living cost
13 313
13 313
13 313
13 313
Free-cash
126 464
131 182
127 390
120 867

Estimated living cost  is ₽13313 per week

₽7772
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽951
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽353
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4237
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽27262
₽29813
₽37714
₽48265
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
169 000
income
-
-
-
50 620
pensions
-
-
-
11 888
health
-
-
-
12 512
total
-
-
-
75 020
Employee
94 074
86 650
150 143
-
health
11 736
11 313
12 512
-
income

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

14 183
14 183
21 212
-
pensions
11 888
11 888
11 888
-
total
37 807
37 384
45 612
-
Employer
94 074
86 650
150 143
-
unemployment
3 387
3 119
3 876
-
pensions
6 547
6 031
7 496
-
health
6 537
6 023
7 485
-
total
16 471
15 173
18 857
-
Corporate
58 455
67 177
-
-
income
11 690
13 435
-
-
total
11 690
13 435
-
-
Dividends
46 765
53 742
-
-
income
9 938
11 420
-
-
withholding
7 015
8 060
-
-
total
16 953
19 480
-
-
Income
169 000
169 000
169 000
169 000
Total tax
82 921
85 472
64 469
75 020
After tax
86 079
83 528
104 531
93 980
Living cost
56 266
56 266
56 266
56 266
Free-cash
29 813
27 262
48 265
37 714

Estimated living cost  is ₽56266 per week

₽41505
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽5026
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽645
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9091
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽92031
₽83351
₽70177
₽62832
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
169 000
income
-
-
-
16 677
health
-
-
-
22 815
solidarity contribution
-
-
-
-
social contributions
-
-
-
35 005
total
-
-
-
74 497
Employee
35 774
-
127 551
-
social contributions
2 325
-
7 792
-
health
4 830
-
17 219
-
solidarity contribution
-
-
-
-
income
4 293
-
15 381
-
total
11 448
-
40 392
-
Employer
35 774
-
127 551
-
social contributions
8 944
-
29 970
-
health
3 220
-
11 480
-
total
12 164
-
41 450
-
Corporate
121 063
169 000
-
-
income
23 002
32 110
-
-
total
23 002
32 110
-
-
Dividends
98 061
136 890
-
-
withholding
14 709
20 533
-
-
total
14 709
20 533
-
-
Income
169 000
169 000
169 000
169 000
Total tax
61 323
52 643
81 842
74 497
After tax
107 677
116 357
87 158
94 503
Living cost
24 326
24 326
24 326
24 326
Free-cash
83 351
92 031
62 832
70 177

Estimated living cost  is ₽24326 per week

₽16897
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1731
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.
₽5220
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽47352
₽42054
₽38522
₽30890
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
169 000
municipal
-
-
-
1 005
regional
-
-
-
1 984
national
-
-
-
41 205
social contributions
-
-
-
43 468
total
-
-
-
87 662
Employee
90 179
-
169 000
-
social contributions
30 408
-
56 987
-
regional
851
-
1 751
-
municipal
478
-
895
-
national
15 626
-
35 661
-
total
47 363
-
95 294
-
Employer
90 179
-
169 000
-
total
-
-
-
-
Corporate
78 821
169 000
-
-
nationa
18 917
40 560
-
-
municipal
3 073
6 591
-
-
total
21 990
47 151
-
-
Dividends
56 831
121 849
-
-
withholding
14 777
31 681
-
-
total
14 777
31 681
-
-
Income
169 000
169 000
169 000
169 000
Total tax
84 130
78 832
95 294
87 662
After tax
84 870
90 168
73 706
81 338
Living cost
42 816
42 816
42 816
42 816
Free-cash
42 054
47 352
30 890
38 522

Estimated living cost  is ₽42816 per week

₽29846
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2807
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽657
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9505
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽83911
₽80750
₽57710
₽51406
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
169 000
income
-
-
-
45 183
pensions
-
-
-
27 085
other
-
-
-
-
unemployment
-
-
-
231
health
-
-
-
9 614
surtax
-
-
-
6 786
total
-
-
-
88 899
Employee
33 555
-
140 494
-
other
-
-
-
-
health
857
-
3 453
-
surtax
110
-
5 671
-
income
5 625
-
39 114
-
pensions
2 237
-
9 033
-
unemployment
2 336
-
9 426
-
total
11 165
-
66 697
-
Employer
33 555
-
140 494
-
other
-
-
-
-
unemployment
1 063
-
4 292
-
pensions
4 473
-
18 052
-
health
1 527
-
6 162
-
total
7 063
-
28 506
-
Corporate
128 382
169 000
-
-
income
33 380
43 939
-
-
total
33 380
43 939
-
-
Dividends
95 002
125 061
-
-
withholding
14 251
18 759
-
-
total
14 251
18 759
-
-
Income
169 000
169 000
169 000
169 000
Total tax
65 859
62 698
95 203
88 899
After tax
103 141
106 302
73 797
80 101
Living cost
22 391
22 391
22 391
22 391
Free-cash
80 750
83 911
51 406
57 710

Estimated living cost  is ₽22391 per week

₽13691
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2066
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽516
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6117
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽65067
₽71784
₽66138
₽50777
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
169 000
income
-
-
-
47 094
pensions
-
-
-
8 985
total
-
-
-
56 079
Employee
64 932
-
147 735
-
health
943
-
2 186
-
income
11 695
-
36 854
-
pensions
5 511
-
11 136
-
total
18 149
-
50 176
-
Employer
64 932
-
147 735
-
pensions
7 029
-
18 457
-
health
1 233
-
2 807
-
total
8 262
-
21 264
-
Corporate
95 806
169 000
-
-
income

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

18 202
32 109
-
-
total
18 202
32 109
-
-
Dividends
77 603
136 891
-
-
withholding
5 820
25 041
-
-
total
5 820
25 041
-
-
Income
169 000
169 000
169 000
169 000
Total tax
50 433
57 150
71 440
56 079
After tax
118 567
111 850
97 560
112 921
Living cost
46 783
46 783
46 783
46 783
Free-cash
71 784
65 067
50 777
66 138

Estimated living cost  is ₽46783 per week

₽35050
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3507
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽489
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7737
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽48
₽33039
₽59969
₽51970
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
169 000
city
-
-
-
1 781
pensions
-
-
-
15 546
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.

-
-
-
3 380
regional
-
-
-
8 103
health
-
-
-
379
national
-
-
-
2 516
total
-
-
-
31 705
Employee
90 491
-
151 265
-
city
971
-
1 625
-
regional
2 963
-
7 005
-
health
205
-
340
-
pensions
7 602
-
12 706
-
unemployment
-
-
-
-
national
428
-
1 957
-
total
12 169
-
23 633
-
Employer
90 491
-
151 265
-
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.

1 809
-
3 025
-
unemployment
-
-
-
-
pensions
7 602
-
12 706
-
health
205
-
340
-
total
9 616
-
16 071
-
Corporate
67 898
169 000
-
-
regional
14 361
35 744
-
-
national
5 771
14 365
-
-
total
20 132
50 109
-
-
Dividends
47 766
118 891
-
-
withholding
16 718
41 613
-
-
total
16 718
41 613
-
-
Income
169 000
169 000
169 000
169 000
Total tax
58 635
91 722
39 704
31 705
After tax
110 365
77 278
129 296
137 295
Living cost
77 326
77 326
77 326
77 326
Free-cash
33 039
-48
51 970
59 969

Estimated living cost  is ₽77326 per week

₽50284
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽6939
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽949
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽19153
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽37032
₽53483
₽40720
₽61612
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
169 000
trade
-
-
-
20 892
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.

-
-
-
51 160
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.

-
-
-
6 932
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.

-
-
-
2 813
total
-
-
-
81 797
Employee

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

60 981
-
169 000
-
health

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

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

6 932
-
6 932
-
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.

395
-
2 813
-
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.

7 171
-
51 160
-
total
14 498
-
60 905
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
108 019
169 000
-
-
surtax

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

892
1 394
-
-
income
16 204
25 350
-
-
trade
18 526
28 983
-
-
chamber of commerce
306
393
-
-
total
35 928
56 120
-
-
Dividends
72 092
112 880
-
-
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.

970
1 531
-
-
withholding
17 638
27 834
-
-
total
18 608
29 365
-
-
Income
169 000
169 000
169 000
169 000
Total tax
69 034
85 485
60 905
81 797
After tax
99 966
83 515
108 095
87 203
Living cost
46 483
46 483
46 483
46 483
Free-cash
53 483
37 032
61 612
40 720

Estimated living cost  is ₽46483 per week

₽33950
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3718
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽605
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8213
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽50458
₽56456
₽60677
₽59234
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
169 000
income
-
-
-
25 648
pensions
-
-
-
31 062
other
-
-
-
5 239
health
-
-
-
6 842
surtax
-
-
-
-
social contributions
-
-
-
4 816
total
-
-
-
73 607
Employee
43 427
-
131 496
-
social contributions
1 238
-
3 745
-
surtax
-
-
-
-
income
2 563
-
24 949
-
pensions
4 910
-
8 852
-
total
8 711
-
37 546
-
Employer
43 427
-
131 496
-
other
1 498
-
5 005
-
social contributions
131
-
395
-
unemployment
1 758
-
5 326
-
pensions
7 134
-
14 956
-
health
3 040
-
11 822
-
total
13 561
-
37 504
-
Corporate
112 011
169 000
-
-
surtax
-
-
-
-
income
31 363
47 321
-
-
total
31 363
47 321
-
-
Dividends
80 648
121 679
-
-
surtax
-
-
-
-
social contributions
13 870
20 929
-
-
withholding
10 323
15 576
-
-
total
24 193
36 505
-
-
Income
169 000
169 000
169 000
169 000
Total tax
77 828
83 826
75 050
73 607
After tax
91 172
85 174
93 950
95 393
Living cost
34 716
34 716
34 716
34 716
Free-cash
56 456
50 458
59 234
60 677

Estimated living cost  is ₽34716 per week

₽21890
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2823
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽591
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9414
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽53898
₽59538
₽64117
₽62674
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
169 000
income
-
-
-
25 648
pensions
-
-
-
31 062
other
-
-
-
5 239
health
-
-
-
6 842
surtax
-
-
-
-
social contributions
-
-
-
4 816
total
-
-
-
73 607
Employee
38 765
-
131 496
-
social contributions
1 105
-
3 745
-
surtax
-
-
-
-
income
1 999
-
24 949
-
pensions
4 384
-
8 852
-
total
7 488
-
37 546
-
Employer
38 765
-
131 496
-
other
1 338
-
5 005
-
social contributions
116
-
395
-
unemployment
1 569
-
5 326
-
pensions
6 370
-
14 956
-
health
2 713
-
11 822
-
total
12 106
-
37 504
-
Corporate
118 129
169 000
-
-
surtax
-
-
-
-
income
33 075
47 321
-
-
total
33 075
47 321
-
-
Dividends
85 054
121 679
-
-
surtax
-
-
-
-
social contributions
14 630
20 929
-
-
withholding
10 887
15 576
-
-
total
25 517
36 505
-
-
Income
169 000
169 000
169 000
169 000
Total tax
78 186
83 826
75 050
73 607
After tax
90 814
85 174
93 950
95 393
Living cost
31 276
31 276
31 276
31 276
Free-cash
59 538
53 898
62 674
64 117

Estimated living cost  is ₽31276 per week

₽18139
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3177
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽593
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9368
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽81590
₽82116
₽87016
₽83818
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
169 000
income
-
-
-
25 350
health
-
-
-
11 796
social contributions
-
-
-
23 322
total
-
-
-
60 468
Employee
34 404
-
169 000
-
social contributions
4 748
-
23 322
-
health
2 401
-
11 796
-
income
5 738
-
28 548
-
total
12 887
-
63 666
-
Employer
34 404
-
169 000
-
total
-
-
-
-
Corporate
134 596
169 000
-
-
income

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

6 730
8 449
-
-
total
6 730
8 449
-
-
Dividends
127 866
160 551
-
-
health
8 925
11 207
-
-
social contributions
17 646
22 155
-
-
withholding
19 180
24 083
-
-
total
45 751
57 445
-
-
Income
169 000
169 000
169 000
169 000
Total tax
65 368
65 894
63 666
60 468
After tax
103 632
103 106
105 334
108 532
Living cost
21 516
21 516
21 516
21 516
Free-cash
82 116
81 590
83 818
87 016

Estimated living cost  is ₽21516 per week

₽14399
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1327
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.
₽5293
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽57845
₽56278
₽50958
₽8972
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
169 000
chamber of commerce
-
-
-
676
income
-
-
-
44 192
pensions
-
-
-
21 930
unemployment
-
-
-
6 223
health
-
-
-
9 067
surtax
-
-
-
200
total
-
-
-
82 288
Employee
50 709
40 437
133 585
-
other
506
404
1 186
-
health
1 962
1 565
4 587
-
income
5 773
2 983
34 958
-
pensions
5 193
4 140
12 139
-
unemployment
1 521
1 213
3 557
-
total
14 955
10 305
56 427
-
Employer
50 709
40 437
133 585
-
accident
659
526
1 540
-
other
2 409
1 920
6 218
-
chamber of commerce
202
162
533
-
unemployment
1 521
1 213
3 557
-
surtax
200
200
200
-
pensions
6 364
5 076
14 877
-
payroll
1 521
1 213
4 007
-
health
1 916
1 529
4 481
-
total
14 792
11 839
35 413
-
Corporate
103 498
116 725
129 736
-
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.

25 874
29 182
32 434
-
total
25 874
29 182
32 434
-
Dividends
77 625
87 543
-
-
withholding
21 347
24 075
-
-
total
21 347
24 075
-
-
Income
169 000
169 000
169 000
169 000
Total tax
76 968
75 401
124 274
82 288
After tax
92 032
93 599
44 726
86 712
Living cost
35 754
35 754
35 754
35 754
Free-cash
56 278
57 845
8 972
50 958

Estimated living cost  is ₽35754 per week

₽23846
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3050
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽587
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8270
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽57540
₽42321
₽36208
₽23050
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
169 000
national
-
-
-
61 874
communal

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

-
-
-
8 623
social contributions
-
-
-
25 298
total
-
-
-
95 795
Employee

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

72 581
-
130 895
-
communal

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

3 786
-
6 828
-
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.

3 410
-
6 152
-
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.

5 444
-
9 816
-
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.

632
-
1 138
-
national
22 314
-
46 918
-
total
35 586
-
70 852
-
Employer

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

72 581
-
130 895
-
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.

944
-
1 702
-
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.

1 059
-
1 910
-
surtax
8 230
-
14 842
-
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.

6 431
-
11 598
-
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.

4 463
-
8 049
-
total
21 127
-
38 101
-
Corporate
75 292
169 000
-
-
surtax
300
676
-
-
income
15 058
33 799
-
-
total
15 358
34 475
-
-
Dividends
59 933
134 525
-
-
withholding

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

17 611
39 988
-
-
total
17 611
39 988
-
-
Income
169 000
169 000
169 000
169 000
Total tax
89 682
74 463
108 953
95 795
After tax
79 318
94 537
60 047
73 205
Living cost
36 997
36 997
36 997
36 997
Free-cash
42 321
57 540
23 050
36 208

Estimated living cost  is ₽36997 per week

₽23831
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3235
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽580
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9352
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽76123
₽68987
₽58307
₽54049
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
169 000
accident
-
-
-
847
income
-
-
-
45 833
pensions
-
-
-
26 615
other
-
-
-
94
unemployment
-
-
-
659
total
-
-
-
74 048
Employee
50 509
-
139 017
-
other
50
-
94
-
income
10 657
-
42 350
-
pensions
2 374
-
4 421
-
unemployment
784
-
1 458
-
total
13 865
-
48 323
-
Employer
50 509
-
139 017
-
accident
999
-
1 862
-
other
402
-
753
-
unemployment
2 779
-
5 172
-
pensions
11 919
-
22 196
-
total
16 099
-
29 983
-
Corporate
102 392
169 000
-
-
income

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

15 358
25 350
-
-
total
15 358
25 350
-
-
Dividends
87 034
143 650
-
-
withholding
18 046
30 882
-
-
total
18 046
30 882
-
-
Income
169 000
169 000
169 000
169 000
Total tax
63 368
56 232
78 306
74 048
After tax
105 632
112 768
90 694
94 952
Living cost
36 645
36 645
36 645
36 645
Free-cash
68 987
76 123
54 049
58 307

Estimated living cost  is ₽36645 per week

₽26985
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2600
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽528
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6531
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽44327
₽31806
₽29504
₽36239
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
169 000
accident
-
-
-
1 425
income
-
-
-
26 666
pensions
-
-
-
25 331
health
-
-
-
11 873
surtax
-
-
-
8 378
communal
-
-
-
10 681
total
-
-
-
84 354
Employee
76 841
-
150 959
-
health
3 420
-
6 718
-
surtax
4 710
-
9 252
-
income
7 422
-
31 532
-
pensions
6 146
-
12 077
-
total
21 698
-
59 579
-
Employer
76 841
-
150 959
-
accident
691
-
1 359
-
pensions
6 146
-
12 077
-
health
2 343
-
4 604
-
total
9 180
-
18 040
-
Corporate
82 978
169 000
-
-
surtax
870
1 775
-
-
communal
5 601
11 407
-
-
income
12 447
25 350
-
-
total
18 918
38 532
-
-
Dividends
64 059
130 468
-
-
income
22 647
11 430
-
-
withholding
9 609
19 569
-
-
total
32 256
30 999
-
-
Income
169 000
169 000
169 000
169 000
Total tax
82 052
69 531
77 619
84 354
After tax
86 948
99 469
91 381
84 646
Living cost
55 142
55 142
55 142
55 142
Free-cash
31 806
44 327
36 239
29 504

Estimated living cost  is ₽55142 per week

₽41365
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3341
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.
₽9851
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽83511
₽80282
₽57310
₽51006
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
169 000
income
-
-
-
45 183
pensions
-
-
-
27 085
other
-
-
-
-
unemployment
-
-
-
231
health
-
-
-
9 614
surtax
-
-
-
6 786
total
-
-
-
88 899
Employee
34 171
-
140 494
-
other
-
-
-
-
health
872
-
3 453
-
surtax
121
-
5 671
-
income
5 729
-
39 114
-
pensions
2 280
-
9 033
-
unemployment
2 378
-
9 426
-
total
11 380
-
66 697
-
Employer
34 171
-
140 494
-
other
-
-
-
-
unemployment
1 084
-
4 292
-
pensions
4 556
-
18 052
-
health
1 554
-
6 162
-
total
7 194
-
28 506
-
Corporate
127 635
169 000
-
-
income
33 185
43 939
-
-
total
33 185
43 939
-
-
Dividends
94 450
125 061
-
-
withholding
14 168
18 759
-
-
total
14 168
18 759
-
-
Income
169 000
169 000
169 000
169 000
Total tax
65 927
62 698
95 203
88 899
After tax
103 073
106 302
73 797
80 101
Living cost
22 791
22 791
22 791
22 791
Free-cash
80 282
83 511
51 006
57 310

Estimated living cost  is ₽22791 per week

₽13760
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.
₽530
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6522
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽61497
₽59246
₽53441
₽45851
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
169 000
municipal
-
-
-
1 005
regional
-
-
-
2 548
national
-
-
-
41 205
social contributions
-
-
-
43 468
total
-
-
-
88 226
Employee
56 286
-
169 000
-
social contributions
18 980
-
56 987
-
regional
758
-
2 273
-
municipal
298
-
895
-
national
8 917
-
35 661
-
total
28 953
-
95 816
-
Employer
56 286
-
169 000
-
total
-
-
-
-
Corporate
112 714
169 000
-
-
nationa
27 052
40 560
-
-
municipal
5 601
8 399
-
-
total
32 653
48 959
-
-
Dividends
80 060
120 041
-
-
withholding
20 815
31 211
-
-
total
20 815
31 211
-
-
Income
169 000
169 000
169 000
169 000
Total tax
82 421
80 170
95 816
88 226
After tax
86 579
88 830
73 184
80 774
Living cost
27 333
27 333
27 333
27 333
Free-cash
59 246
61 497
45 851
53 441

Estimated living cost  is ₽27333 per week

₽16999
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2769
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽468
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7098
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽86380
₽75687
₽64526
₽57181
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
169 000
income
-
-
-
16 677
health
-
-
-
22 815
solidarity contribution
-
-
-
-
social contributions
-
-
-
35 005
total
-
-
-
74 497
Employee
44 083
-
127 551
-
social contributions
2 865
-
7 792
-
health
5 951
-
17 219
-
solidarity contribution
-
-
-
-
income
5 290
-
15 381
-
total
14 106
-
40 392
-
Employer
44 083
-
127 551
-
social contributions
11 021
-
29 970
-
health
3 967
-
11 480
-
total
14 988
-
41 450
-
Corporate
109 929
169 000
-
-
income
20 886
32 110
-
-
total
20 886
32 110
-
-
Dividends
89 042
136 890
-
-
withholding
13 356
20 533
-
-
total
13 356
20 533
-
-
Income
169 000
169 000
169 000
169 000
Total tax
63 336
52 643
81 842
74 497
After tax
105 664
116 357
87 158
94 503
Living cost
29 977
29 977
29 977
29 977
Free-cash
75 687
86 380
57 181
64 526

Estimated living cost  is ₽29977 per week

₽22292
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1661
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽519
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5505
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽61336
₽60832
₽54540
₽12416
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
169 000
chamber of commerce
-
-
-
676
income
-
-
-
44 192
pensions
-
-
-
21 930
unemployment
-
-
-
6 223
health
-
-
-
9 067
surtax
-
-
-
-
total
-
-
-
82 088
Employee
44 355
40 437
133 774
-
other
443
404
1 186
-
health
1 716
1 565
4 587
-
income
3 951
2 983
35 037
-
pensions
4 542
4 140
12 139
-
unemployment
1 331
1 213
3 557
-
total
11 983
10 305
56 506
-
Employer
44 355
40 437
133 774
-
accident
576
526
1 540
-
other
2 107
1 920
6 223
-
chamber of commerce
177
162
535
-
unemployment
1 331
1 213
3 557
-
surtax
-
-
-
-
pensions
5 567
5 076
14 877
-
payroll
1 331
1 213
4 013
-
health
1 677
1 529
4 481
-
total
12 766
11 639
35 226
-
Corporate
111 881
116 925
129 923
-
income

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

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

27 971
29 232
32 480
-
total
27 971
29 232
32 480
-
Dividends
83 910
87 693
-
-
withholding
23 076
24 116
-
-
total
23 076
24 116
-
-
Income
169 000
169 000
169 000
169 000
Total tax
75 796
75 292
124 212
82 088
After tax
93 204
93 708
44 788
86 912
Living cost
32 372
32 372
32 372
32 372
Free-cash
60 832
61 336
12 416
54 540

Estimated living cost  is ₽32372 per week

₽19419
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3306
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽578
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9069
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽146117
₽143411
₽152877
₽120767
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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%.

-
-
-
169 000
microenterprise

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

-
-
-
1 690
total
-
-
-
1 690
Employee
18 041
-
169 000
-
income
3 608
-
33 800
-
total
3 608
-
33 800
-
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%.

150 959
169 000
-
-
total
-
-
-
-
Dividends
150 959
169 000
-
-
withholding
7 548
8 450
-
-
total
7 548
8 450
-
-
Income
169 000
169 000
169 000
169 000
Total tax
11 156
8 450
33 800
1 690
After tax
157 844
160 550
135 200
167 310
Living cost
14 433
14 433
14 433
14 433
Free-cash
143 411
146 117
120 767
152 877

Estimated living cost  is ₽14433 per week

₽9767
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽606
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽484
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3576
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽89139
₽80652
₽55818
₽51341
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
169 000
income
-
-
-
38 218
pensions
-
-
-
30 863
unemployment
-
-
-
254
health
-
-
-
16 631
total
-
-
-
85 966
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.

44 870
-
146 230
-
health
2 898
-
9 447
-
income
7 738
-
35 356
-
pensions
6 955
-
22 666
-
unemployment
64
-
204
-
total
17 655
-
67 673
-
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.

44 870
-
146 230
-
unemployment
27
-
89
-
pensions
3 970
-
12 942
-
health
2 988
-
9 739
-
total
6 985
-
22 770
-
Corporate
117 144
169 000
-
-
income
22 258
32 111
-
-
total
22 258
32 111
-
-
Dividends
94 887
136 889
-
-
withholding
14 234
20 534
-
-
total
14 234
20 534
-
-
Income
169 000
169 000
169 000
169 000
Total tax
61 132
52 645
90 443
85 966
After tax
107 868
116 355
78 557
83 034
Living cost
27 216
27 216
27 216
27 216
Free-cash
80 652
89 139
51 341
55 818

Estimated living cost  is ₽27216 per week

₽18678
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1745
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽528
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6268
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽58836
₽10348
₽72808
₽111606
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
169 000
income
-
-
-
32 942
social contributions
-
-
-
19 266
total
-
-
-
52 208
Employee
63 067
-
-
-
social contributions
5 172
-
737
-
income
13 911
-
-
-
total
19 083
-
737
-
Employer
63 067
-
-
-
social contributions
88 924
-
12 673
-
total
88 924
-
12 673
-
Corporate
17 009
169 000
-
-
income
3 742
37 180
-
-
total
3 742
37 180
-
-
Dividends
13 267
131 820
-
-
income
2 919
29 000
-
-
total
2 919
29 000
-
-
Income
169 000
169 000
169 000
169 000
Total tax
114 668
66 180
13 410
52 208
After tax
54 332
102 820
155 590
116 792
Living cost
43 984
43 984
43 984
43 984
Free-cash
10 348
58 836
111 606
72 808

Estimated living cost  is ₽43984 per week

₽28539
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4137
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽561
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10748
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽64300
₽63276
₽59069
₽46492
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
169 000
income
-
-
-
19 376
surtax
-
-
-
-
social contributions

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

-
-
-
58 728
total
-
-
-
78 104
Employee
46 668
-
136 566
-
social contributions
5 134
-
15 023
-
surtax
-
-
-
-
income
9 707
-
43 224
-
total
14 841
-
58 247
-
Employer
46 668
-
136 566
-
social contributions
11 084
-
32 434
-
total
11 084
-
32 434
-
Corporate
111 249
169 000
-
-
surtax
-
-
-
-
income
23 363
35 490
-
-
total
23 363
35 490
-
-
Dividends
87 886
133 510
-
-
withholding
24 609
37 383
-
-
total
24 609
37 383
-
-
Income
169 000
169 000
169 000
169 000
Total tax
73 897
72 873
90 681
78 104
After tax
95 103
96 127
78 319
90 896
Living cost
31 827
31 827
31 827
31 827
Free-cash
63 276
64 300
46 492
59 069

Estimated living cost  is ₽31827 per week

₽23813
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1877
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽531
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5605
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽36166
₽43143
₽46385
₽44942
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
169 000
income
-
-
-
25 648
pensions
-
-
-
31 062
other
-
-
-
5 239
health
-
-
-
6 842
surtax
-
-
-
-
social contributions
-
-
-
4 816
total
-
-
-
73 607
Employee
63 552
-
131 496
-
social contributions
1 810
-
3 745
-
surtax
-
-
-
-
income
5 545
-
24 949
-
pensions
7 188
-
8 852
-
total
14 543
-
37 546
-
Employer
63 552
-
131 496
-
other
2 193
-
5 005
-
social contributions
191
-
395
-
unemployment
2 574
-
5 326
-
pensions
10 442
-
14 956
-
health
4 448
-
11 822
-
total
19 848
-
37 504
-
Corporate
85 600
169 000
-
-
surtax
-
-
-
-
income
23 967
47 321
-
-
total
23 967
47 321
-
-
Dividends
61 632
121 679
-
-
surtax
-
-
-
-
social contributions
10 602
20 929
-
-
withholding
7 889
15 576
-
-
total
18 491
36 505
-
-
Income
169 000
169 000
169 000
169 000
Total tax
76 849
83 826
75 050
73 607
After tax
92 151
85 174
93 950
95 393
Living cost
49 008
49 008
49 008
49 008
Free-cash
43 143
36 166
44 942
46 385

Estimated living cost  is ₽49008 per week

₽33168
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4009
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽672
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽11159
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽121598
₽118190
₽94297
₽98789
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
169 000
income
-
-
-
7 021
social contributions
-
-
-
37 181
total
-
-
-
44 202
Employee
32 621
-
146 321
-
income
-
-
7 519
-
social contributions
2 120
-
9 512
-
total
2 120
-
17 031
-
Employer
32 621
-
146 321
-
social contributions
5 057
-
22 679
-
total
5 057
-
22 679
-
Corporate
131 322
169 000
-
-
income
13 132
16 901
-
-
total
13 132
16 901
-
-
Dividends
118 190
152 099
-
-
total
-
-
-
-
Income
169 000
169 000
169 000
169 000
Total tax
20 309
16 901
39 710
44 202
After tax
148 691
152 099
129 290
124 798
Living cost
30 501
30 501
30 501
30 501
Free-cash
118 190
121 598
98 789
94 297

Estimated living cost  is ₽30501 per week

₽19722
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2299
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽574
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7906
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽52101
-₽52101
₽51362
-₽52101
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
169 000
municipal
-
-
-
34 914
pensions
-
-
-
880
national
-
-
-
19 521
labour market
-
-
-
13 450
total
-
-
-
68 765
Employee
206 279
206 279
206 279
-
labour market
16 479
16 479
16 479
-
national
25 201
25 201
25 201
-
municipal
43 926
43 926
43 926
-
pensions
293
293
293
-
total
85 899
85 899
85 899
-
Employer
206 279
206 279
206 279
-
labour market
16 502
16 502
16 502
-
municipal
43 996
43 996
43 996
-
pensions
586
586
586
-
national
25 245
25 245
25 245
-
total
86 329
86 329
86 329
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
169 000
169 000
169 000
169 000
Total tax
172 228
172 228
172 228
68 765
After tax
-3 228
-3 228
-3 228
100 235
Living cost
48 873
48 873
48 873
48 873
Free-cash
-52 101
-52 101
-52 101
51 362

Estimated living cost  is ₽48873 per week

₽33449
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4323
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽752
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10349
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽8089
₽10350
₽93779
₽69739
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
169 000
accident
-
-
-
254
income
-
-
-
46 445
pensions
-
-
-
4 181
other
-
-
-
372
health
-
-
-
2 191
total
-
-
-
53 443
Employee
34 259
-
151 681
-
health
3 923
-
17 367
-
income
4 700
-
35 131
-
pensions
3 858
-
7 666
-
total
12 481
-
60 164
-
Employer
34 259
-
151 681
-
accident
572
-
2 533
-
unemployment
839
-
3 716
-
pensions
5 570
-
11 070
-
total
6 981
-
17 319
-
Corporate
127 759
169 000
-
-
income

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

114 983
152 100
-
-
total
114 983
152 100
-
-
Dividends
12 776
16 900
-
-
withholding
2 427
3 211
-
-
total
2 427
3 211
-
-
Income
169 000
169 000
169 000
169 000
Total tax
136 872
155 311
77 483
53 443
After tax
32 128
13 689
91 517
115 557
Living cost
21 778
21 778
21 778
21 778
Free-cash
10 350
-8 089
69 739
93 779

Estimated living cost  is ₽21778 per week

₽15852
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1242
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽409
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4276
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽67546
₽69863
₽71461
₽50315
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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

-
-
-
169 000
municipal
-
-
-
30 027
health
-
-
-
2 180
national
-
-
-
26 375
total
-
-
-
58 582
Employee
53 385
-
142 171
-
health
399
-
1 766
-
municipal
8 744
-
23 161
-
pensions
3 603
-
9 597
-
unemployment
801
-
2 134
-
national
882
-
16 242
-
total
14 429
-
52 900
-
Employer
53 385
-
142 171
-
accident
54
-
142
-
unemployment
347
-
924
-
pensions
9 262
-
24 666
-
health
410
-
1 096
-
total
10 073
-
26 828
-
Corporate
105 543
169 000
-
-
income
21 108
33 799
-
-
total
21 108
33 799
-
-
Dividends

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

63 326
101 401
-
-
national
3 171
10 446
-
-
municipal
11 399
18 252
-
-
total
14 570
28 698
-
-
Income
169 000
169 000
169 000
169 000
Total tax
60 180
62 497
79 728
58 582
After tax
108 820
106 503
89 272
110 418
Living cost
38 957
38 957
38 957
38 957
Free-cash
69 863
67 546
50 315
71 461

Estimated living cost  is ₽38957 per week

₽25446
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3747
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽620
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9144
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽99824
₽94303
₽92507
₽90993
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
169 000
income
-
-
-
32 274
health
-
-
-
4 309
social contributions
-
-
-
16 417
total
-
-
-
53 000
Employee
78 025
78 025
157 354
-
social contributions
2 950
6 476
8 734
-
health
605
1 327
2 675
-
income
8 496
7 223
31 460
-
total
12 051
15 026
42 869
-
Employer
78 025
78 025
157 354
-
social contributions
2 950
6 476
8 734
-
health
657
1 444
2 911
-
total
3 607
7 920
11 645
-
Corporate
129 851
83 056
-
-
income
16 231
10 383
-
-
total
16 231
10 383
-
-
Dividends
113 620
72 673
-
-
withholding
19 315
12 354
-
-
total
19 315
12 354
-
-
Income
169 000
169 000
169 000
169 000
Total tax
51 204
45 683
54 514
53 000
After tax
117 796
123 317
114 486
116 000
Living cost
23 493
23 493
23 493
23 493
Free-cash
94 303
99 824
90 993
92 507

Estimated living cost  is ₽23493 per week

₽14080
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2305
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.
₽6589
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽123839
₽118678
₽125620
₽105267
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
169 000
income
-
-
-
17 115
pensions
-
-
-
6 454
unemployment
-
-
-
29
health
-
-
-
3 672
total
-
-
-
27 270
Employee

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

23 291
-
159 083
-
health
1 979
-
8 184
-
income
1 592
-
14 600
-
pensions
3 493
-
14 442
-
unemployment
116
-
481
-
total
7 180
-
37 707
-
Employer

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

23 291
-
159 083
-
unemployment
116
-
481
-
pensions
1 280
-
5 295
-
health
1 001
-
4 140
-
total
2 397
-
9 916
-
Corporate
143 312
169 000
-
-
income
12 897
15 210
-
-
total
12 897
15 210
-
-
Dividends
130 415
153 790
-
-
withholding
11 738
13 841
-
-
total
11 738
13 841
-
-
Income
169 000
169 000
169 000
169 000
Total tax
34 212
29 051
47 623
27 270
After tax
134 788
139 949
121 377
141 730
Living cost
16 110
16 110
16 110
16 110
Free-cash
118 678
123 839
105 267
125 620

Estimated living cost  is ₽16110 per week

₽10279
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1161
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽479
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4190
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽84865
₽80381
₽67049
₽62791
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
169 000
accident
-
-
-
847
income
-
-
-
45 833
pensions
-
-
-
26 615
other
-
-
-
94
unemployment
-
-
-
659
total
-
-
-
74 048
Employee
37 519
-
139 017
-
other
37
-
94
-
income
7 233
-
42 350
-
pensions
1 764
-
4 421
-
unemployment
582
-
1 458
-
total
9 616
-
48 323
-
Employer
37 519
-
139 017
-
accident
743
-
1 862
-
other
300
-
753
-
unemployment
2 064
-
5 172
-
pensions
8 854
-
22 196
-
total
11 961
-
29 983
-
Corporate
119 520
169 000
-
-
income

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

17 929
25 350
-
-
total
17 929
25 350
-
-
Dividends
101 591
143 650
-
-
withholding
21 210
30 882
-
-
total
21 210
30 882
-
-
Income
169 000
169 000
169 000
169 000
Total tax
60 716
56 232
78 306
74 048
After tax
108 284
112 768
90 694
94 952
Living cost
27 903
27 903
27 903
27 903
Free-cash
80 381
84 865
62 791
67 049

Estimated living cost  is ₽27903 per week

₽18834
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2682
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽489
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5898
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽102669
₽102212
₽105426
₽105228
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
169 000
income
-
-
-
57 280
pensions
-
-
-
2 033
health
-
-
-
1 474
total
-
-
-
60 787
Employee
4 245
-
166 713
-
health
212
-
508
-
income
821
-
57 173
-
pensions
382
-
915
-
unemployment
42
-
102
-
total
1 457
-
58 698
-
Employer
4 245
-
166 713
-
unemployment
85
-
203
-
pensions
467
-
1 118
-
health
403
-
966
-
total
955
-
2 287
-
Corporate
163 799
169 000
-
-
income
36 036
37 180
-
-
total
36 036
37 180
-
-
Dividends
127 764
131 820
-
-
withholding
25 553
26 364
-
-
total
25 553
26 364
-
-
Income
169 000
169 000
169 000
169 000
Total tax
64 001
63 544
60 985
60 787
After tax
104 999
105 456
108 015
108 213
Living cost
2 787
2 787
2 787
2 787
Free-cash
102 212
102 669
105 228
105 426

Estimated living cost  is ₽2787 per week

₽1656
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽226
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽64
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽841
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽104548
₽99553
₽85078
₽85076
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
169 000
income
-
-
-
38 010
pensions
-
-
-
19 505
unemployment
-
-
-
1 125
health
-
-
-
7 727
total
-
-
-
66 367
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.

26 472
-
155 571
-
health
1 363
-
3 864
-
income
3 649
-
38 010
-
pensions
3 706
-
10 503
-
unemployment
199
-
563
-
total
8 917
-
52 940
-
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.

26 472
-
155 571
-
unemployment
199
-
563
-
pensions
3 177
-
9 002
-
health
1 363
-
3 864
-
total
4 739
-
13 429
-
Corporate
137 790
169 000
-
-
income
20 668
25 350
-
-
total
20 668
25 350
-
-
Dividends
117 121
143 650
-
-
withholding
17 568
21 547
-
-
total
17 568
21 547
-
-
Income
169 000
169 000
169 000
169 000
Total tax
51 892
46 897
66 369
66 367
After tax
117 108
122 103
102 631
102 633
Living cost
17 555
17 555
17 555
17 555
Free-cash
99 553
104 548
85 076
85 078

Estimated living cost  is ₽17555 per week

₽11820
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1358
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽508
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3869
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽68772
₽68405
₽63541
₽50964
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
169 000
income
-
-
-
19 376
surtax
-
-
-
-
social contributions

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

-
-
-
58 728
total
-
-
-
78 104
Employee
39 382
-
136 566
-
social contributions
4 333
-
15 023
-
surtax
-
-
-
-
income
7 695
-
43 224
-
total
12 028
-
58 247
-
Employer
39 382
-
136 566
-
social contributions
9 352
-
32 434
-
total
9 352
-
32 434
-
Corporate
120 265
169 000
-
-
surtax
-
-
-
-
income
25 256
35 490
-
-
total
25 256
35 490
-
-
Dividends
95 010
133 510
-
-
withholding
26 604
37 383
-
-
total
26 604
37 383
-
-
Income
169 000
169 000
169 000
169 000
Total tax
73 240
72 873
90 681
78 104
After tax
95 760
96 127
78 319
90 896
Living cost
27 355
27 355
27 355
27 355
Free-cash
68 405
68 772
50 964
63 541

Estimated living cost  is ₽27355 per week

₽19375
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1901
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽485
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5596
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽77107
₽70316
₽59291
₽55033
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
169 000
accident
-
-
-
847
income
-
-
-
45 833
pensions
-
-
-
26 615
other
-
-
-
94
unemployment
-
-
-
659
total
-
-
-
74 048
Employee
49 005
-
139 017
-
other
48
-
94
-
income
10 235
-
42 350
-
pensions
2 303
-
4 421
-
unemployment
759
-
1 458
-
total
13 345
-
48 323
-
Employer
49 005
-
139 017
-
accident
970
-
1 862
-
other
393
-
753
-
unemployment
2 696
-
5 172
-
pensions
11 565
-
22 196
-
total
15 624
-
29 983
-
Corporate
104 371
169 000
-
-
income

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

15 655
25 350
-
-
total
15 655
25 350
-
-
Dividends
88 717
143 650
-
-
withholding
18 399
30 882
-
-
total
18 399
30 882
-
-
Income
169 000
169 000
169 000
169 000
Total tax
63 023
56 232
78 306
74 048
After tax
105 977
112 768
90 694
94 952
Living cost
35 661
35 661
35 661
35 661
Free-cash
70 316
77 107
55 033
59 291

Estimated living cost  is ₽35661 per week

₽25610
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2773
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽503
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6776
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽127028
₽120840
₽116713
₽123236
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
169 000
income
-
-
-
25 350
pensions

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

-
-
-
5 249
unemployment
-
-
-
142
health
-
-
-
4 079
total
-
-
-
34 820
Employee
23 129
-
162 042
-
health
1 064
-
1 631
-
accident

We are using the highest rate at 1.1%.

254
-
390
-
income
2 313
-
16 204
-
pensions

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

2 030
-
3 114
-
total
5 661
-
21 339
-
Employer
23 129
-
162 042
-
accident

We are using the highest rate at 1.1%.

254
-
390
-
unemployment
139
-
213
-
pensions

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

2 549
-
3 908
-
health
1 596
-
2 447
-
total
4 538
-
6 958
-
Corporate
141 334
169 000
-
-
income
14 134
16 900
-
-
total
14 134
16 900
-
-
Dividends
127 200
152 100
-
-
withholding
6 360
7 605
-
-
total
6 360
7 605
-
-
Income
169 000
169 000
169 000
169 000
Total tax
30 693
24 505
28 297
34 820
After tax
138 307
144 495
140 703
134 180
Living cost
17 467
17 467
17 467
17 467
Free-cash
120 840
127 028
123 236
116 713

Estimated living cost  is ₽17467 per week

₽11552
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1000
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽417
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4498
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽47818
₽61091
₽51439
₽68921
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
169 000
trade
-
-
-
17 482
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.

-
-
-
51 160
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.

-
-
-
6 932
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.

-
-
-
2 813
total
-
-
-
78 387
Employee

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

50 487
-
169 000
-
health

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

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

6 932
-
6 932
-
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.

229
-
2 813
-
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.

4 152
-
51 160
-
total
11 313
-
60 905
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
118 513
169 000
-
-
surtax

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

978
1 394
-
-
income
17 777
25 350
-
-
trade
17 007
24 252
-
-
chamber of commerce
327
402
-
-
total
36 089
51 398
-
-
Dividends
82 424
117 601
-
-
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.

1 113
1 596
-
-
withholding
20 220
29 014
-
-
total
21 333
30 610
-
-
Income
169 000
169 000
169 000
169 000
Total tax
68 735
82 008
60 905
78 387
After tax
100 265
86 992
108 095
90 613
Living cost
39 174
39 174
39 174
39 174
Free-cash
61 091
47 818
68 921
51 439

Estimated living cost  is ₽39174 per week

₽27023
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4215
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽568
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7367
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽60499
₽62739
₽32400
₽32400
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
169 000
income
-
-
-
50 829
social contributions
-
-
-
27 970
total
-
-
-
78 799
Employee
79 371
-
169 000
-
income
14 977
-
50 829
-
social contributions
6 594
-
27 970
-
total
21 571
-
78 799
-
Employer
79 371
-
169 000
-
total
-
-
-
-
Corporate
89 629
169 000
-
-
income
11 203
21 125
-
-
total
11 203
21 125
-
-
Dividends
78 426
147 875
-
-
withholding
15 686
29 575
-
-
total
15 686
29 575
-
-
Income
169 000
169 000
169 000
169 000
Total tax
48 460
50 700
78 799
78 799
After tax
120 540
118 300
90 201
90 201
Living cost
57 801
57 801
57 801
57 801
Free-cash
62 739
60 499
32 400
32 400

Estimated living cost  is ₽57801 per week

₽43974
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4710
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽553
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8565
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽67657
₽71201
₽96473
₽83921
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
169 000
income
-
-
-
28 883
health

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

-
-
-
6 811
total
-
-
-
35 694
Employee
46 548
-
164 332
-
income
5 051
-
38 910
-
social contributions
4 664
-
4 668
-
total
9 715
-
43 578
-
Employer
46 548
-
164 332
-
social contributions
4 664
-
4 668
-
total
4 664
-
4 668
-
Corporate
117 789
169 000
-
-
income
41 226
59 149
-
-
total
41 226
59 149
-
-
Dividends
76 562
109 851
-
-
social contributions
5 361
5 361
-
-
total
5 361
5 361
-
-
Income
169 000
169 000
169 000
169 000
Total tax
60 966
64 510
48 246
35 694
After tax
108 034
104 490
120 754
133 306
Living cost
36 833
36 833
36 833
36 833
Free-cash
71 201
67 657
83 921
96 473

Estimated living cost  is ₽36833 per week

₽24262
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2904
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽564
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9102
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽73817
₽79881
₽74888
₽59527
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
169 000
income
-
-
-
47 094
pensions
-
-
-
8 985
total
-
-
-
56 079
Employee
52 206
-
147 735
-
health
681
-
2 186
-
income
9 507
-
36 854
-
pensions
3 985
-
11 136
-
total
14 173
-
50 176
-
Employer
52 206
-
147 735
-
pensions
5 274
-
18 457
-
health
992
-
2 807
-
total
6 266
-
21 264
-
Corporate
110 527
169 000
-
-
income

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

21 001
32 109
-
-
total
21 001
32 109
-
-
Dividends
89 526
136 891
-
-
withholding
9 646
25 041
-
-
total
9 646
25 041
-
-
Income
169 000
169 000
169 000
169 000
Total tax
51 086
57 150
71 440
56 079
After tax
117 914
111 850
97 560
112 921
Living cost
38 033
38 033
38 033
38 033
Free-cash
79 881
73 817
59 527
74 888

Estimated living cost  is ₽38033 per week

₽26091
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3498
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽476
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7967
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽10246
₽10017
₽91622
₽67582
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
169 000
accident
-
-
-
254
income
-
-
-
46 445
pensions
-
-
-
4 181
other
-
-
-
372
health
-
-
-
2 191
total
-
-
-
53 443
Employee
37 650
-
151 681
-
health
4 311
-
17 367
-
income
5 165
-
35 131
-
pensions
4 239
-
7 666
-
total
13 715
-
60 164
-
Employer
37 650
-
151 681
-
accident
629
-
2 533
-
unemployment
922
-
3 716
-
pensions
6 122
-
11 070
-
total
7 673
-
17 319
-
Corporate
123 677
169 000
-
-
income

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

111 310
152 100
-
-
total
111 310
152 100
-
-
Dividends
12 368
16 900
-
-
withholding
2 350
3 211
-
-
total
2 350
3 211
-
-
Income
169 000
169 000
169 000
169 000
Total tax
135 048
155 311
77 483
53 443
After tax
33 952
13 689
91 517
115 557
Living cost
23 935
23 935
23 935
23 935
Free-cash
10 017
-10 246
67 582
91 622

Estimated living cost  is ₽23935 per week

₽17565
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1395
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.
₽4492
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽128509
₽123760
₽82957
₽105266
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
169 000
work injury
-
-
-
811
health insurance
-
-
-
12 007
income
-
-
-
27 717
pensions
-
-
-
29 856
unemployment
-
-
-
1 947
total
-
-
-
72 338
Employee

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

21 928
-
169 000
-
work injury
110
-
406
-
income
2 193
-
27 717
-
pensions
4 035
-
14 928
-
health insurance
1 623
-
6 004
-
unemployment
263
-
974
-
total
8 224
-
50 029
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
147 072
169 000
-
-
income

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

1 471
1 690
-
-
total
1 471
1 690
-
-
Dividends
145 601
167 310
-
-
withholding
21 840
25 096
-
-
total
21 840
25 096
-
-
Income
169 000
169 000
169 000
169 000
Total tax
31 535
26 786
50 029
72 338
After tax
137 465
142 214
118 971
96 662
Living cost
13 705
13 705
13 705
13 705
Free-cash
123 760
128 509
105 266
82 957

Estimated living cost  is ₽13705 per week

₽8490
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽996
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽428
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3791
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽48595
₽43980
₽38914
₽31497
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
169 000
municipal
-
-
-
1 130
regional
-
-
-
3 860
national
-
-
-
41 205
social contributions
-
-
-
43 468
total
-
-
-
89 663
Employee
85 504
-
169 000
-
social contributions
28 831
-
56 987
-
regional
1 291
-
3 423
-
municipal
510
-
1 009
-
national
14 449
-
35 661
-
total
45 081
-
97 080
-
Employer
85 504
-
169 000
-
total
-
-
-
-
Corporate
83 496
169 000
-
-
nationa
20 039
40 560
-
-
municipal
4 024
8 145
-
-
total
24 063
48 705
-
-
Dividends
59 432
120 295
-
-
withholding
15 453
31 277
-
-
total
15 453
31 277
-
-
Income
169 000
169 000
169 000
169 000
Total tax
84 597
79 982
97 080
89 663
After tax
84 403
89 018
71 920
79 337
Living cost
40 423
40 423
40 423
40 423
Free-cash
43 980
48 595
31 497
38 914

Estimated living cost  is ₽40423 per week

₽28394
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2781
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽610
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8636
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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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