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
₽ 169500
per

Your estimated
City
free-cash

Dresden , Germany
₽66968
₽56314
₽78486
₽58844
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
169 500
trade
-
-
-
19 642
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.

-
-
-
52 374
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.

-
-
-
6 581
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.

-
-
-
2 881
total
-
-
-
81 478
Employee

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

36 844
-
169 500
-
surtax

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

57
-
2 881
-
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.

6 581
-
6 581
-
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.

1 029
-
52 374
-
total
7 667
-
61 836
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
132 656
169 500
-
-
trade
20 893
26 697
-
-
income
19 898
25 424
-
-
surtax

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

1 095
1 398
-
-
chamber of commerce
336
389
-
-
total
42 222
53 908
-
-
Dividends
90 433
115 591
-
-
withholding
22 242
28 532
-
-
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.

1 223
1 568
-
-
total
23 465
30 100
-
-
Income
169 500
169 500
169 500
169 500
Total tax
73 354
84 008
61 836
81 478
After tax
96 146
85 492
107 664
88 022
Living cost
29 178
29 178
29 178
29 178
Free-cash
66 968
56 314
78 486
58 844

Estimated living cost  is ₽29178 per week

₽18354
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3402
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽545
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6877
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽55387
₽56212
₽51566
₽50488
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
169 500
social contributions
-
-
-
1 822
pensions
-
-
-
20 340
municipal
-
-
-
18 550
national
-
-
-
28 744
total
-
-
-
69 456
Employee
76 821
-
146 531
-
national
14 703
-
30 014
-
municipal
9 489
-
19 206
-
pensions
3 073
-
5 861
-
total
27 265
-
55 081
-
Employer
76 821
-
146 531
-
pensions
6 146
-
11 722
-
social contributions
826
-
1 575
-
total
6 972
-
13 297
-
Corporate
80 638
169 500
-
-
income

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

16 128
33 900
-
-
total
16 128
33 900
-
-
Dividends
64 510
135 600
-
-
withholding
14 192
29 832
-
-
total
14 192
29 832
-
-
Income
169 500
169 500
169 500
169 500
Total tax
64 557
63 732
68 378
69 456
After tax
104 943
105 768
101 122
100 044
Living cost
49 556
49 556
49 556
49 556
Free-cash
55 387
56 212
51 566
50 488

Estimated living cost  is ₽49556 per week

₽33683
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4607
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽742
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10525
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽107657
₽115560
₽51168
₽38435
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
169 500
social contributions

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

-
-
-
36 908
income
-
-
-
30 894
microenterprise
-
-
-
-
surtax
-
-
-
43 222
total
-
-
-
111 024
Employee
28 148
-
127 788
-
surtax
-
-
18 529
-
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.

3 097
-
12 628
-
income
5 011
-
25 421
-
total
8 108
-
56 578
-
Employer
28 148
-
127 788
-
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.

6 780
-
27 657
-
surtax
-
-
14 056
-
total
6 780
-
41 713
-
Corporate
134 572
169 500
-
-
income

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

26 914
33 899
-
-
total
26 914
33 899
-
-
Dividends

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

107 657
135 601
-
-
total
-
-
-
-
Income
169 500
169 500
169 500
169 500
Total tax
41 802
33 899
98 291
111 024
After tax
127 698
135 601
71 209
58 476
Living cost
20 041
20 041
20 041
20 041
Free-cash
107 657
115 560
51 168
38 435

Estimated living cost  is ₽20041 per week

₽12785
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1908
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽455
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4892
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽37661
₽43564
₽65524
₽53237
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
169 500
income
-
-
-
52 744
pensions
-
-
-
11 286
health
-
-
-
11 879
total
-
-
-
75 909
Employee
82 262
82 262
151 598
-
health
12 626
10 740
11 879
-
pensions
14 807
11 286
11 286
-
income

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

13 465
13 465
22 554
-
total
40 898
35 491
45 719
-
Employer
82 262
82 262
151 598
-
pensions
5 725
5 725
7 117
-
unemployment
2 961
2 961
3 680
-
health
5 718
5 718
7 106
-
total
14 404
14 404
17 903
-
Corporate
73 842
72 833
-
-
income
14 769
14 566
-
-
total
14 769
14 566
-
-
Dividends
59 073
58 267
-
-
withholding
8 861
8 740
-
-
income
12 553
12 381
-
-
total
21 414
21 121
-
-
Income
169 500
169 500
169 500
169 500
Total tax
91 485
85 582
63 622
75 909
After tax
78 015
83 918
105 878
93 591
Living cost
40 354
40 354
40 354
40 354
Free-cash
37 661
43 564
65 524
53 237

Estimated living cost  is ₽40354 per week

₽28598
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3638
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽642
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7477
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽51313
₽52218
₽46255
₽47235
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
169 500
other
-
-
-
10 271
unemployment
-
-
-
88
pensions
-
-
-
9 555
municipal
-
-
-
42 909
accident
-
-
-
177
national
-
-
-
13 421
health
-
-
-
5 515
total
-
-
-
81 936
Employee
57 465
-
141 729
-
national
-
-
12 880
-
municipal
17 136
-
42 264
-
total
17 136
-
55 144
-
Employer
57 465
-
141 729
-
other
6 678
-
10 271
-
accident
115
-
177
-
pensions
6 212
-
9 555
-
unemployment
1 517
-
2 333
-
health
3 534
-
5 436
-
total
18 056
-
27 772
-
Corporate
93 979
169 500
-
-
income
20 675
37 290
-
-
total
20 675
37 290
-
-
Dividends
73 304
132 210
-
-
withholding
21 991
39 663
-
-
total
21 991
39 663
-
-
Income
169 500
169 500
169 500
169 500
Total tax
77 858
76 953
82 916
81 936
After tax
91 642
92 547
86 584
87 564
Living cost
40 329
40 329
40 329
40 329
Free-cash
51 313
52 218
46 255
47 235

Estimated living cost  is ₽40329 per week

₽26728
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3957
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽612
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9031
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽60312
₽46775
₽69822
₽49306
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
169 500
trade
-
-
-
20 516
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.

-
-
-
52 374
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.

-
-
-
6 581
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.

-
-
-
2 881
total
-
-
-
82 352
Employee

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

48 851
-
169 500
-
surtax

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

230
-
2 881
-
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.

6 581
-
6 581
-
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.

4 197
-
52 374
-
total
11 008
-
61 836
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
120 649
169 500
-
-
trade
19 847
27 883
-
-
income
18 098
25 424
-
-
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.

994
1 398
-
-
chamber of commerce
318
388
-
-
total
39 257
55 093
-
-
Dividends
81 392
114 406
-
-
withholding
19 982
28 236
-
-
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.

1 099
1 554
-
-
total
21 081
29 790
-
-
Income
169 500
169 500
169 500
169 500
Total tax
71 346
84 883
61 836
82 352
After tax
98 154
84 617
107 664
87 148
Living cost
37 842
37 842
37 842
37 842
Free-cash
60 312
46 775
69 822
49 306

Estimated living cost  is ₽37842 per week

₽25309
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3991
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽565
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7978
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽88413
₽92407
₽83124
₽84618
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
169 500
social contributions
-
-
-
15 586
income
-
-
-
33 729
health
-
-
-
4 322
total
-
-
-
53 637
Employee
74 073
74 073
158 279
-
health
737
1 260
2 691
-
social contributions
3 599
6 148
8 292
-
income
7 778
6 857
32 927
-
total
12 114
14 265
43 910
-
Employer
74 073
74 073
158 279
-
social contributions
3 599
6 148
8 292
-
health
803
1 371
2 929
-
total
4 402
7 519
11 221
-
Corporate
121 739
87 908
-
-
income
15 217
10 988
-
-
total
15 217
10 988
-
-
Dividends
106 522
76 920
-
-
withholding
18 109
13 076
-
-
total
18 109
13 076
-
-
Income
169 500
169 500
169 500
169 500
Total tax
49 842
45 848
55 131
53 637
After tax
119 658
123 652
114 369
115 863
Living cost
31 245
31 245
31 245
31 245
Free-cash
88 413
92 407
83 124
84 618

Estimated living cost  is ₽31245 per week

₽21359
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2440
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽525
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6921
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽77657
₽77283
₽80318
₽99480
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
169 500
unemployment
-
-
-
2 542
income
-
-
-
20 721
pensions
-
-
-
16 950
health
-
-
-
11 865
total
-
-
-
52 078
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.

25 900
10 308
141 841
-
unemployment
389
155
2 128
-
health
1 813
722
9 929
-
pensions
2 590
1 031
14 184
-
income
3 166
1 260
17 340
-
total
7 958
3 168
43 581
-
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.

25 900
10 308
141 841
-
pensions
5 051
2 010
27 659
-
total
5 051
2 010
27 659
-
Corporate
138 549
157 182
-
-
income
12 469
14 146
-
-
total
12 469
14 146
-
-
Dividends
126 080
143 036
-
-
withholding
23 955
27 177
-
-
social contributions
24 468
27 774
-
-
total
48 423
54 951
-
-
Income
169 500
169 500
169 500
169 500
Total tax
73 901
74 275
71 240
52 078
After tax
95 599
95 225
98 260
117 422
Living cost
17 942
17 942
17 942
17 942
Free-cash
77 657
77 283
80 318
99 480

Estimated living cost  is ₽17942 per week

₽12244
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1468
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽358
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3872
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽106348
₽112334
₽74428
₽67584
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
169 500
income
-
-
-
22 713
pensions
-
-
-
33 901
health
-
-
-
22 035
total
-
-
-
78 649
Employee
27 327
-
126 682
-
unemployment
437
-
2 027
-
pensions
547
-
2 534
-
income
3 077
-
24 425
-
total
4 061
-
28 986
-
Employer
27 327
-
126 682
-
pensions
5 466
-
25 337
-
unemployment
219
-
1 013
-
health
3 552
-
16 469
-
total
9 237
-
42 819
-
Corporate
132 936
169 500
-
-
income
26 587
33 899
-
-
total
26 587
33 899
-
-
Dividends
106 348
135 601
-
-
total
-
-
-
-
Income
169 500
169 500
169 500
169 500
Total tax
39 885
33 899
71 805
78 649
After tax
129 615
135 601
97 695
90 851
Living cost
23 267
23 267
23 267
23 267
Free-cash
106 348
112 334
74 428
67 584

Estimated living cost  is ₽23267 per week

₽15959
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1386
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.
₽5455
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽10406
-₽7931
₽70269
₽94223
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
169 500
other
-
-
-
365
income
-
-
-
46 758
pensions
-
-
-
4 097
accident
-
-
-
249
health
-
-
-
2 147
total
-
-
-
53 616
Employee
34 074
-
152 374
-
health
3 902
-
17 447
-
pensions
3 837
-
7 512
-
income
4 675
-
35 485
-
total
12 414
-
60 444
-
Employer
34 074
-
152 374
-
accident
569
-
2 545
-
pensions
5 541
-
10 848
-
unemployment
835
-
3 733
-
total
6 945
-
17 126
-
Corporate
128 481
169 500
-
-
income

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

115 633
152 550
-
-
total
115 633
152 550
-
-
Dividends
12 848
16 950
-
-
withholding
2 441
3 220
-
-
total
2 441
3 220
-
-
Income
169 500
169 500
169 500
169 500
Total tax
137 433
155 770
77 570
53 616
After tax
32 067
13 730
91 930
115 884
Living cost
21 661
21 661
21 661
21 661
Free-cash
10 406
-7 931
70 269
94 223

Estimated living cost  is ₽21661 per week

₽15876
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1200
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽452
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4134
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽151687
₽153161
₽127736
₽159941
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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%.

-
-
-
169 500
microenterprise

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

-
-
-
1 695
total
-
-
-
1 695
Employee
9 830
-
169 500
-
income
1 966
-
33 900
-
total
1 966
-
33 900
-
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%.

159 670
169 500
-
-
total
-
-
-
-
Dividends
159 670
169 500
-
-
withholding
7 983
8 475
-
-
total
7 983
8 475
-
-
Income
169 500
169 500
169 500
169 500
Total tax
9 949
8 475
33 900
1 695
After tax
159 551
161 025
135 600
167 805
Living cost
7 864
7 864
7 864
7 864
Free-cash
151 687
153 161
127 736
159 941

Estimated living cost  is ₽7864 per week

₽4874
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽654
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽216
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2121
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽92357
₽98864
₽70400
₽69112
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
169 500
other
-
-
-
6 958
income
-
-
-
26 159
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.

-
-
-
35 157
health
-
-
-
6 446
total
-
-
-
74 720
Employee
34 976
-
135 383
-
unemployment
349
-
1 355
-
health
490
-
1 896
-
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.

2 448
-
9 477
-
income
6 022
-
26 587
-
total
9 309
-
39 315
-
Employer
34 976
-
135 383
-
other
1 749
-
6 769
-
accident
280
-
1 082
-
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.

5 947
-
23 015
-
unemployment
349
-
1 355
-
health
490
-
1 896
-
total
8 815
-
34 117
-
Corporate
125 709
169 500
-
-
income
26 399
35 596
-
-
total
26 399
35 596
-
-
Dividends
99 310
133 904
-
-
withholding
6 952
9 372
-
-
total
6 952
9 372
-
-
Income
169 500
169 500
169 500
169 500
Total tax
51 475
44 968
73 432
74 720
After tax
118 025
124 532
96 068
94 780
Living cost
25 668
25 668
25 668
25 668
Free-cash
92 357
98 864
70 400
69 112

Estimated living cost  is ₽25668 per week

₽18136
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1733
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽413
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5385
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽49719
₽46773
₽32904
₽48243
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
169 500
income
-
-
-
48 511
pensions
-
-
-
8 637
total
-
-
-
57 148
Employee
90 705
-
148 062
-
health
1 495
-
2 145
-
pensions
8 751
-
10 619
-
income
16 351
-
38 285
-
total
26 597
-
51 049
-
Employer
90 705
-
148 062
-
pensions
10 710
-
18 624
-
health
1 723
-
2 814
-
total
12 433
-
21 438
-
Corporate
66 362
169 500
-
-
income

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

12 610
32 205
-
-
total
12 610
32 205
-
-
Dividends
53 753
137 295
-
-
withholding
4 032
26 413
-
-
total
4 032
26 413
-
-
Income
169 500
169 500
169 500
169 500
Total tax
55 672
58 618
72 487
57 148
After tax
113 828
110 882
97 013
112 352
Living cost
64 109
64 109
64 109
64 109
Free-cash
49 719
46 773
32 904
48 243

Estimated living cost  is ₽64109 per week

₽48038
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽7532
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽521
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8018
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽127820
₽132294
₽129107
₽122463
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
169 500
unemployment
-
-
-
135
income
-
-
-
25 425
pensions

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

-
-
-
4 979
health
-
-
-
3 869
total
-
-
-
34 408
Employee
16 722
-
162 899
-
accident

We are using the highest rate at 1.1%.

184
-
370
-
health
769
-
1 548
-
pensions

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

1 468
-
2 954
-
income
1 672
-
16 290
-
total
4 093
-
21 162
-
Employer
16 722
-
162 899
-
accident

We are using the highest rate at 1.1%.

184
-
370
-
pensions

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

1 843
-
3 708
-
unemployment
100
-
202
-
health
1 154
-
2 322
-
total
3 281
-
6 602
-
Corporate
149 496
169 500
-
-
income
14 950
16 950
-
-
total
14 950
16 950
-
-
Dividends
134 547
152 550
-
-
withholding
6 727
7 627
-
-
total
6 727
7 627
-
-
Income
169 500
169 500
169 500
169 500
Total tax
29 051
24 577
27 764
34 408
After tax
140 449
144 923
141 736
135 092
Living cost
12 629
12 629
12 629
12 629
Free-cash
127 820
132 294
129 107
122 463

Estimated living cost  is ₽12629 per week

₽7373
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽902
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽335
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4020
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽32922
₽30501
₽52461
₽40174
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
169 500
income
-
-
-
52 744
pensions
-
-
-
11 286
health
-
-
-
11 879
total
-
-
-
75 909
Employee
89 310
82 262
151 598
-
health
11 142
10 740
11 879
-
pensions
11 286
11 286
11 286
-
income

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

13 465
13 465
22 554
-
total
35 893
35 491
45 719
-
Employer
89 310
82 262
151 598
-
pensions
6 215
5 725
7 117
-
unemployment
3 216
2 961
3 680
-
health
6 206
5 718
7 106
-
total
15 637
14 404
17 903
-
Corporate
64 553
72 833
-
-
income
12 910
14 566
-
-
total
12 910
14 566
-
-
Dividends
51 643
58 267
-
-
withholding
7 747
8 740
-
-
income
10 974
12 381
-
-
total
18 721
21 121
-
-
Income
169 500
169 500
169 500
169 500
Total tax
83 161
85 582
63 622
75 909
After tax
86 339
83 918
105 878
93 591
Living cost
53 416
53 416
53 416
53 416
Free-cash
32 922
30 501
52 461
40 174

Estimated living cost  is ₽53416 per week

₽39404
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4771
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽612
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8630
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽84062
₽92644
₽63736
₽71143
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
169 500
social contributions
-
-
-
34 617
income
-
-
-
16 800
health
-
-
-
22 883
solidarity contribution
-
-
-
-
total
-
-
-
74 300
Employee
35 378
-
128 314
-
solidarity contribution
-
-
-
-
health
4 776
-
17 322
-
social contributions
2 300
-
7 706
-
income
4 245
-
15 493
-
total
11 321
-
40 521
-
Employer
35 378
-
128 314
-
social contributions
8 844
-
29 638
-
health
3 184
-
11 548
-
total
12 028
-
41 186
-
Corporate
122 094
169 500
-
-
income
23 198
32 205
-
-
total
23 198
32 205
-
-
Dividends
98 896
137 295
-
-
withholding
14 834
20 594
-
-
total
14 834
20 594
-
-
Income
169 500
169 500
169 500
169 500
Total tax
61 381
52 799
81 707
74 300
After tax
108 119
116 701
87 793
95 200
Living cost
24 057
24 057
24 057
24 057
Free-cash
84 062
92 644
63 736
71 143

Estimated living cost  is ₽24057 per week

₽16710
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1711
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽473
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5162
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽44758
₽49787
₽32713
₽40373
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
169 500
regional
-
-
-
2 000
social contributions
-
-
-
43 595
municipal
-
-
-
1 007
national
-
-
-
41 877
total
-
-
-
88 479
Employee
85 612
-
169 500
-
national
14 835
-
36 318
-
regional
808
-
1 766
-
municipal
453
-
899
-
social contributions
28 869
-
57 156
-
total
44 965
-
96 139
-
Employer
85 612
-
169 500
-
total
-
-
-
-
Corporate
83 888
169 500
-
-
nationa
20 132
40 680
-
-
municipal
3 272
6 610
-
-
total
23 404
47 290
-
-
Dividends
60 483
122 210
-
-
withholding
15 725
31 775
-
-
total
15 725
31 775
-
-
Income
169 500
169 500
169 500
169 500
Total tax
84 094
79 065
96 139
88 479
After tax
85 406
90 435
73 361
81 021
Living cost
40 648
40 648
40 648
40 648
Free-cash
44 758
49 787
32 713
40 373

Estimated living cost  is ₽40648 per week

₽28335
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2665
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽623
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9023
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽82360
₽85358
₽53063
₽58957
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
169 500
other
-
-
-
-
unemployment
-
-
-
219
income
-
-
-
46 970
pensions
-
-
-
25 713
health
-
-
-
9 127
surtax
-
-
-
7 257
total
-
-
-
89 286
Employee
31 856
-
142 438
-
surtax
104
-
6 106
-
unemployment
2 217
-
8 948
-
other
-
-
-
-
health
813
-
3 278
-
pensions
2 124
-
8 575
-
income
5 340
-
41 210
-
total
10 598
-
68 117
-
Employer
31 856
-
142 438
-
other
-
-
-
-
pensions
4 247
-
17 138
-
unemployment
1 009
-
4 075
-
health
1 450
-
5 850
-
total
6 706
-
27 063
-
Corporate
130 939
169 500
-
-
income
34 044
44 071
-
-
total
34 044
44 071
-
-
Dividends
96 895
125 429
-
-
withholding
14 535
18 814
-
-
total
14 535
18 814
-
-
Income
169 500
169 500
169 500
169 500
Total tax
65 883
62 885
95 180
89 286
After tax
103 617
106 615
74 320
80 214
Living cost
21 257
21 257
21 257
21 257
Free-cash
82 360
85 358
53 063
58 957

Estimated living cost  is ₽21257 per week

₽12997
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1961
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽490
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5808
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽73417
₽67084
₽53215
₽68554
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
169 500
income
-
-
-
48 511
pensions
-
-
-
8 637
total
-
-
-
57 148
Employee
60 788
-
148 062
-
health
882
-
2 145
-
pensions
5 160
-
10 619
-
income
10 948
-
38 285
-
total
16 990
-
51 049
-
Employer
60 788
-
148 062
-
pensions
6 580
-
18 624
-
health
1 155
-
2 814
-
total
7 735
-
21 438
-
Corporate
100 977
169 500
-
-
income

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

19 186
32 205
-
-
total
19 186
32 205
-
-
Dividends
81 791
137 295
-
-
withholding
8 374
26 413
-
-
total
8 374
26 413
-
-
Income
169 500
169 500
169 500
169 500
Total tax
52 285
58 618
72 487
57 148
After tax
117 215
110 882
97 013
112 352
Living cost
43 798
43 798
43 798
43 798
Free-cash
73 417
67 084
53 215
68 554

Estimated living cost  is ₽43798 per week

₽32813
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3283
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽458
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7243
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽33638
₽832
₽52932
₽60892
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
169 500
other

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

-
-
-
3 389
city
-
-
-
1 786
regional
-
-
-
8 186
pensions
-
-
-
15 593
national
-
-
-
2 596
health
-
-
-
382
total
-
-
-
31 932
Employee
89 731
-
151 713
-
national
425
-
1 986
-
unemployment
-
-
-
-
city
963
-
1 631
-
regional
2 938
-
7 070
-
health
203
-
341
-
pensions
7 539
-
12 744
-
total
12 068
-
23 772
-
Employer
89 731
-
151 713
-
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.

1 794
-
3 035
-
pensions
7 539
-
12 744
-
unemployment
-
-
-
-
health
203
-
341
-
total
9 536
-
16 120
-
Corporate
69 247
169 500
-
-
regional
14 646
35 850
-
-
national
5 886
14 408
-
-
total
20 532
50 258
-
-
Dividends
48 715
119 243
-
-
withholding
17 050
41 734
-
-
total
17 050
41 734
-
-
Income
169 500
169 500
169 500
169 500
Total tax
59 186
91 992
39 892
31 932
After tax
110 314
77 508
129 608
137 568
Living cost
76 676
76 676
76 676
76 676
Free-cash
33 638
832
52 932
60 892

Estimated living cost  is ₽76676 per week

₽49861
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽6881
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽941
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽18992
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽55238
₽39616
₽63535
₽42147
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
169 500
trade
-
-
-
21 388
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.

-
-
-
52 374
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.

-
-
-
6 581
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.

-
-
-
2 881
total
-
-
-
83 224
Employee

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

57 893
-
169 500
-
surtax

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

375
-
2 881
-
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.

6 581
-
6 581
-
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.

6 808
-
52 374
-
total
13 764
-
61 836
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
111 607
169 500
-
-
trade
19 141
29 070
-
-
income
16 741
25 424
-
-
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.

921
1 398
-
-
chamber of commerce
303
386
-
-
total
37 106
56 278
-
-
Dividends
74 500
113 222
-
-
withholding
18 259
27 940
-
-
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.

1 004
1 537
-
-
total
19 263
29 477
-
-
Income
169 500
169 500
169 500
169 500
Total tax
70 133
85 755
61 836
83 224
After tax
99 367
83 745
107 664
86 276
Living cost
44 129
44 129
44 129
44 129
Free-cash
55 238
39 616
63 535
42 147

Estimated living cost  is ₽44129 per week

₽32230
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3530
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.
₽7797
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽58161
₽52470
₽60193
₽62567
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
169 500
other
-
-
-
5 254
social contributions
-
-
-
4 828
income
-
-
-
26 493
pensions
-
-
-
30 240
health
-
-
-
7 160
surtax
-
-
-
-
total
-
-
-
73 975
Employee
41 228
-
131 352
-
surtax
-
-
-
-
pensions
4 662
-
9 062
-
social contributions
1 175
-
3 742
-
income
2 433
-
25 396
-
total
8 270
-
38 200
-
Employer
41 228
-
131 352
-
other
1 422
-
5 094
-
pensions
6 773
-
15 270
-
unemployment
1 669
-
5 320
-
social contributions
124
-
395
-
health
2 886
-
12 070
-
total
12 874
-
38 149
-
Corporate
115 397
169 500
-
-
income
32 311
47 460
-
-
surtax
-
-
-
-
total
32 311
47 460
-
-
Dividends
83 087
122 040
-
-
withholding
10 636
15 621
-
-
social contributions
14 290
20 991
-
-
surtax
-
-
-
-
total
24 926
36 612
-
-
Income
169 500
169 500
169 500
169 500
Total tax
78 381
84 072
76 349
73 975
After tax
91 119
85 428
93 151
95 525
Living cost
32 958
32 958
32 958
32 958
Free-cash
58 161
52 470
60 193
62 567

Estimated living cost  is ₽32958 per week

₽20781
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2680
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.
₽8937
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Nice model

Close
Marseille , France
₽61089
₽55736
₽63459
₽65833
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
169 500
other
-
-
-
5 254
social contributions
-
-
-
4 828
income
-
-
-
26 493
pensions
-
-
-
30 240
health
-
-
-
7 160
surtax
-
-
-
-
total
-
-
-
73 975
Employee
36 802
-
131 352
-
surtax
-
-
-
-
pensions
4 162
-
9 062
-
social contributions
1 049
-
3 742
-
income
1 898
-
25 396
-
total
7 109
-
38 200
-
Employer
36 802
-
131 352
-
other
1 270
-
5 094
-
pensions
6 047
-
15 270
-
unemployment
1 490
-
5 320
-
social contributions
110
-
395
-
health
2 576
-
12 070
-
total
11 493
-
38 149
-
Corporate
121 205
169 500
-
-
income
33 938
47 460
-
-
surtax
-
-
-
-
total
33 938
47 460
-
-
Dividends
87 268
122 040
-
-
withholding
11 169
15 621
-
-
social contributions
15 010
20 991
-
-
surtax
-
-
-
-
total
26 179
36 612
-
-
Income
169 500
169 500
169 500
169 500
Total tax
78 719
84 072
76 349
73 975
After tax
90 781
85 428
93 151
95 525
Living cost
29 692
29 692
29 692
29 692
Free-cash
61 089
55 736
63 459
65 833

Estimated living cost  is ₽29692 per week

₽17220
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3016
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽563
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8893
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽83482
₽82983
₽84934
₽88426
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
169 500
social contributions
-
-
-
23 392
income
-
-
-
25 424
health
-
-
-
11 831
total
-
-
-
60 647
Employee
32 662
-
169 500
-
health
2 280
-
11 831
-
social contributions
4 508
-
23 392
-
income
5 448
-
28 916
-
total
12 236
-
64 139
-
Employer
32 662
-
169 500
-
total
-
-
-
-
Corporate
136 838
169 500
-
-
income

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

6 842
8 475
-
-
total
6 842
8 475
-
-
Dividends
129 996
161 025
-
-
health
9 074
11 239
-
-
withholding
19 500
24 154
-
-
social contributions
17 939
22 222
-
-
total
46 513
57 615
-
-
Income
169 500
169 500
169 500
169 500
Total tax
65 591
66 090
64 139
60 647
After tax
103 909
103 410
105 361
108 853
Living cost
20 427
20 427
20 427
20 427
Free-cash
83 482
82 983
84 934
88 426

Estimated living cost  is ₽20427 per week

₽13670
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1260
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽470
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5025
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽58354
₽59842
₽10995
₽53052
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
169 500
chamber of commerce
-
-
-
678
unemployment
-
-
-
5 908
income
-
-
-
46 301
pensions
-
-
-
20 820
health
-
-
-
8 608
surtax
-
-
-
190
total
-
-
-
82 505
Employee
48 141
38 389
135 263
-
unemployment
1 444
1 152
3 376
-
other
481
384
1 126
-
health
1 863
1 486
4 354
-
pensions
4 930
3 930
11 524
-
income
5 480
2 832
37 045
-
total
14 198
9 784
57 425
-
Employer
48 141
38 389
135 263
-
payroll
1 444
1 152
4 058
-
other
2 287
1 823
6 232
-
accident
625
499
1 462
-
pensions
6 042
4 819
14 123
-
unemployment
1 444
1 152
3 376
-
chamber of commerce
192
154
541
-
surtax
190
190
190
-
health
1 819
1 451
4 254
-
total
14 043
11 240
34 236
-
Corporate
107 315
119 872
131 606
-
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.

26 828
29 967
32 901
-
total
26 828
29 967
32 901
-
Dividends
80 487
89 905
-
-
withholding
22 134
24 724
-
-
total
22 134
24 724
-
-
Income
169 500
169 500
169 500
169 500
Total tax
77 203
75 715
124 562
82 505
After tax
92 297
93 785
44 938
86 995
Living cost
33 943
33 943
33 943
33 943
Free-cash
58 354
59 842
10 995
53 052

Estimated living cost  is ₽33943 per week

₽22639
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2896
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽558
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7851
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽45226
₽59674
₽24561
₽38361
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
169 500
social contributions
-
-
-
24 017
national
-
-
-
63 270
communal

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

-
-
-
8 729
total
-
-
-
96 016
Employee

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

68 906
-
131 283
-
national
21 184
-
47 591
-
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.

600
-
1 143
-
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.

3 237
-
6 170
-
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.

5 168
-
9 846
-
communal

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

3 594
-
6 848
-
total
33 783
-
71 598
-
Employer

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

68 906
-
131 283
-
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.

896
-
1 706
-
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.

6 106
-
11 632
-
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.

1 005
-
1 918
-
surtax
7 813
-
14 888
-
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.

4 237
-
8 074
-
total
20 057
-
38 218
-
Corporate
80 537
169 500
-
-
income
16 107
33 899
-
-
surtax
322
678
-
-
total
16 429
34 577
-
-
Dividends
64 108
134 923
-
-
withholding

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

18 882
40 126
-
-
total
18 882
40 126
-
-
Income
169 500
169 500
169 500
169 500
Total tax
89 151
74 703
109 816
96 016
After tax
80 349
94 797
59 684
73 484
Living cost
35 123
35 123
35 123
35 123
Free-cash
45 226
59 674
24 561
38 361

Estimated living cost  is ₽35123 per week

₽22624
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3071
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽550
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8879
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽71574
₽78197
₽56293
₽60336
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
169 500
other
-
-
-
90
unemployment
-
-
-
625
income
-
-
-
47 589
pensions
-
-
-
25 267
accident
-
-
-
804
total
-
-
-
74 375
Employee
47 951
-
141 035
-
unemployment
744
-
1 384
-
other
48
-
90
-
pensions
2 254
-
4 197
-
income
10 117
-
44 282
-
total
13 163
-
49 953
-
Employer
47 951
-
141 035
-
other
382
-
715
-
accident
949
-
1 768
-
pensions
11 316
-
21 072
-
unemployment
2 638
-
4 910
-
total
15 285
-
28 465
-
Corporate
106 265
169 500
-
-
income

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

15 941
25 424
-
-
total
15 941
25 424
-
-
Dividends
90 324
144 076
-
-
withholding
18 748
31 090
-
-
total
18 748
31 090
-
-
Income
169 500
169 500
169 500
169 500
Total tax
63 137
56 514
78 418
74 375
After tax
106 363
112 986
91 082
95 125
Living cost
34 789
34 789
34 789
34 789
Free-cash
71 574
78 197
56 293
60 336

Estimated living cost  is ₽34789 per week

₽25618
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2468
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽501
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6201
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽34531
₽46813
₽38229
₽31471
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
169 500
income
-
-
-
27 819
pensions
-
-
-
25 406
accident
-
-
-
1 430
communal
-
-
-
10 712
health
-
-
-
11 908
surtax
-
-
-
8 404
total
-
-
-
85 679
Employee
72 950
-
151 408
-
surtax
4 471
-
9 279
-
health
3 247
-
6 738
-
pensions
5 835
-
12 113
-
income
7 046
-
32 698
-
total
20 599
-
60 828
-
Employer
72 950
-
151 408
-
accident
656
-
1 362
-
pensions
5 835
-
12 113
-
health
2 225
-
4 618
-
total
8 716
-
18 093
-
Corporate
87 834
169 500
-
-
income
13 175
25 424
-
-
communal
5 928
11 442
-
-
surtax
921
1 781
-
-
total
20 024
38 647
-
-
Dividends
67 809
130 853
-
-
withholding
10 171
19 628
-
-
income
23 109
12 062
-
-
total
33 280
31 690
-
-
Income
169 500
169 500
169 500
169 500
Total tax
82 619
70 337
78 921
85 679
After tax
86 881
99 163
90 579
83 821
Living cost
52 350
52 350
52 350
52 350
Free-cash
34 531
46 813
38 229
31 471

Estimated living cost  is ₽52350 per week

₽39270
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3172
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽554
Clothing and shoes. We estimate one pair of shoes and 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 Luxembourg model

Close
Athens , Greece
₽81916
₽84978
₽52683
₽58577
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
169 500
other
-
-
-
-
unemployment
-
-
-
219
income
-
-
-
46 970
pensions
-
-
-
25 713
health
-
-
-
9 127
surtax
-
-
-
7 257
total
-
-
-
89 286
Employee
32 441
-
142 438
-
surtax
115
-
6 106
-
unemployment
2 258
-
8 948
-
other
-
-
-
-
health
828
-
3 278
-
pensions
2 164
-
8 575
-
income
5 438
-
41 210
-
total
10 803
-
68 117
-
Employer
32 441
-
142 438
-
other
-
-
-
-
pensions
4 325
-
17 138
-
unemployment
1 029
-
4 075
-
health
1 475
-
5 850
-
total
6 829
-
27 063
-
Corporate
130 230
169 500
-
-
income
33 859
44 071
-
-
total
33 859
44 071
-
-
Dividends
96 371
125 429
-
-
withholding
14 456
18 814
-
-
total
14 456
18 814
-
-
Income
169 500
169 500
169 500
169 500
Total tax
65 947
62 885
95 180
89 286
After tax
103 553
106 615
74 320
80 214
Living cost
21 637
21 637
21 637
21 637
Free-cash
81 916
84 978
52 683
58 577

Estimated living cost  is ₽21637 per week

₽13063
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1881
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.
₽6192
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽61007
₽63144
₽46898
₽54515
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
169 500
regional
-
-
-
2 557
social contributions
-
-
-
43 595
municipal
-
-
-
1 007
national
-
-
-
41 877
total
-
-
-
89 036
Employee
53 436
-
169 500
-
national
8 466
-
36 318
-
regional
719
-
2 280
-
municipal
283
-
899
-
social contributions
18 019
-
57 156
-
total
27 487
-
96 653
-
Employer
53 436
-
169 500
-
total
-
-
-
-
Corporate
116 064
169 500
-
-
nationa
27 856
40 680
-
-
municipal
5 767
8 424
-
-
total
33 623
49 104
-
-
Dividends
82 441
120 397
-
-
withholding
21 434
31 303
-
-
total
21 434
31 303
-
-
Income
169 500
169 500
169 500
169 500
Total tax
82 544
80 407
96 653
89 036
After tax
86 956
89 093
72 847
80 464
Living cost
25 949
25 949
25 949
25 949
Free-cash
61 007
63 144
46 898
54 515

Estimated living cost  is ₽25949 per week

₽16138
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2629
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽444
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6738
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽76481
₽87057
₽58149
₽65556
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
169 500
social contributions
-
-
-
34 617
income
-
-
-
16 800
health
-
-
-
22 883
solidarity contribution
-
-
-
-
total
-
-
-
74 300
Employee
43 595
-
128 314
-
solidarity contribution
-
-
-
-
health
5 885
-
17 322
-
social contributions
2 834
-
7 706
-
income
5 231
-
15 493
-
total
13 950
-
40 521
-
Employer
43 595
-
128 314
-
social contributions
10 899
-
29 638
-
health
3 923
-
11 548
-
total
14 822
-
41 186
-
Corporate
111 083
169 500
-
-
income
21 106
32 205
-
-
total
21 106
32 205
-
-
Dividends
89 977
137 295
-
-
withholding
13 497
20 594
-
-
total
13 497
20 594
-
-
Income
169 500
169 500
169 500
169 500
Total tax
63 375
52 799
81 707
74 300
After tax
106 125
116 701
87 793
95 200
Living cost
29 644
29 644
29 644
29 644
Free-cash
76 481
87 057
58 149
65 556

Estimated living cost  is ₽29644 per week

₽22045
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1642
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽513
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5444
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽62679
₽63155
₽14252
₽56452
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
169 500
chamber of commerce
-
-
-
678
unemployment
-
-
-
5 908
income
-
-
-
46 301
pensions
-
-
-
20 820
health
-
-
-
8 608
surtax
-
-
-
-
total
-
-
-
82 315
Employee
42 109
38 389
135 440
-
unemployment
1 263
1 152
3 376
-
other
420
384
1 126
-
health
1 629
1 486
4 354
-
pensions
4 312
3 930
11 524
-
income
3 751
2 832
37 131
-
total
11 375
9 784
57 511
-
Employer
42 109
38 389
135 440
-
payroll
1 263
1 152
4 064
-
other
2 000
1 823
6 239
-
accident
547
499
1 462
-
pensions
5 285
4 819
14 123
-
unemployment
1 263
1 152
3 376
-
chamber of commerce
168
154
541
-
surtax
-
-
-
-
health
1 592
1 451
4 254
-
total
12 118
11 050
34 059
-
Corporate
115 273
120 062
131 784
-
income

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

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

28 819
30 015
32 945
-
total
28 819
30 015
32 945
-
Dividends
86 454
90 048
-
-
withholding
23 776
24 763
-
-
total
23 776
24 763
-
-
Income
169 500
169 500
169 500
169 500
Total tax
76 088
75 612
124 515
82 315
After tax
93 412
93 888
44 985
87 185
Living cost
30 733
30 733
30 733
30 733
Free-cash
62 679
63 155
14 252
56 452

Estimated living cost  is ₽30733 per week

₽18436
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3139
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽548
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8610
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

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
₽146472
₽148770
₽123345
₽155550
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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%.

-
-
-
169 500
microenterprise

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

-
-
-
1 695
total
-
-
-
1 695
Employee
15 319
-
169 500
-
income
3 064
-
33 900
-
total
3 064
-
33 900
-
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%.

154 181
169 500
-
-
total
-
-
-
-
Dividends
154 181
169 500
-
-
withholding
7 709
8 475
-
-
total
7 709
8 475
-
-
Income
169 500
169 500
169 500
169 500
Total tax
10 773
8 475
33 900
1 695
After tax
158 727
161 025
135 600
167 805
Living cost
12 255
12 255
12 255
12 255
Free-cash
146 472
148 770
123 345
155 550

Estimated living cost  is ₽12255 per week

₽8293
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽514
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽411
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3036
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽82806
₽90862
₽52466
₽56957
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
169 500
unemployment
-
-
-
254
income
-
-
-
38 818
pensions
-
-
-
30 954
health
-
-
-
16 679
total
-
-
-
86 705
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.

42 597
-
146 666
-
unemployment
60
-
205
-
health
2 751
-
9 475
-
pensions
6 603
-
22 734
-
income
7 346
-
35 948
-
total
16 760
-
68 362
-
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.

42 597
-
146 666
-
pensions
3 769
-
12 979
-
unemployment
26
-
88
-
health
2 837
-
9 767
-
total
6 632
-
22 834
-
Corporate
120 270
169 500
-
-
income
22 851
32 205
-
-
total
22 851
32 205
-
-
Dividends
97 420
137 295
-
-
withholding
14 613
20 595
-
-
total
14 613
20 595
-
-
Income
169 500
169 500
169 500
169 500
Total tax
60 856
52 800
91 196
86 705
After tax
108 644
116 700
78 304
82 795
Living cost
25 838
25 838
25 838
25 838
Free-cash
82 806
90 862
52 466
56 957

Estimated living cost  is ₽25838 per week

₽17732
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1656
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽501
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5950
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽15699
₽61540
₽115237
₽75554
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
169 500
social contributions
-
-
-
19 323
income
-
-
-
33 039
total
-
-
-
52 362
Employee
59 626
-
-
-
social contributions
4 889
-
697
-
income
13 152
-
-
-
total
18 041
-
697
-
Employer
59 626
-
-
-
social contributions
84 073
-
11 982
-
total
84 073
-
11 982
-
Corporate
25 801
169 500
-
-
income
5 676
37 290
-
-
total
5 676
37 290
-
-
Dividends
20 125
132 210
-
-
income
4 427
29 086
-
-
total
4 427
29 086
-
-
Income
169 500
169 500
169 500
169 500
Total tax
112 217
66 376
12 679
52 362
After tax
57 283
103 124
156 821
117 138
Living cost
41 584
41 584
41 584
41 584
Free-cash
15 699
61 540
115 237
75 554

Estimated living cost  is ₽41584 per week

₽26982
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3911
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.
₽10162
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽65226
₽66195
₽47720
₽60572
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
169 500
social contributions

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

-
-
-
58 901
income
-
-
-
19 811
surtax
-
-
-
-
total
-
-
-
78 712
Employee
44 304
-
136 970
-
surtax
-
-
-
-
social contributions
4 874
-
15 067
-
income
9 215
-
43 967
-
total
14 089
-
59 034
-
Employer
44 304
-
136 970
-
social contributions
10 522
-
32 530
-
total
10 522
-
32 530
-
Corporate
114 673
169 500
-
-
income
24 081
35 596
-
-
surtax
-
-
-
-
total
24 081
35 596
-
-
Dividends
90 593
133 904
-
-
withholding
25 366
37 493
-
-
total
25 366
37 493
-
-
Income
169 500
169 500
169 500
169 500
Total tax
74 058
73 089
91 564
78 712
After tax
95 442
96 411
77 936
90 788
Living cost
30 216
30 216
30 216
30 216
Free-cash
65 226
66 195
47 720
60 572

Estimated living cost  is ₽30216 per week

₽22607
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1782
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽505
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5321
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽45523
₽38902
₽46625
₽48999
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
169 500
other
-
-
-
5 254
social contributions
-
-
-
4 828
income
-
-
-
26 493
pensions
-
-
-
30 240
health
-
-
-
7 160
surtax
-
-
-
-
total
-
-
-
73 975
Employee
60 333
-
131 352
-
surtax
-
-
-
-
pensions
6 824
-
9 062
-
social contributions
1 718
-
3 742
-
income
5 264
-
25 396
-
total
13 806
-
38 200
-
Employer
60 333
-
131 352
-
other
2 082
-
5 094
-
pensions
9 913
-
15 270
-
unemployment
2 444
-
5 320
-
social contributions
181
-
395
-
health
4 223
-
12 070
-
total
18 843
-
38 149
-
Corporate
90 323
169 500
-
-
income
25 291
47 460
-
-
surtax
-
-
-
-
total
25 291
47 460
-
-
Dividends
65 032
122 040
-
-
withholding
8 325
15 621
-
-
social contributions
11 186
20 991
-
-
surtax
-
-
-
-
total
19 511
36 612
-
-
Income
169 500
169 500
169 500
169 500
Total tax
77 451
84 072
76 349
73 975
After tax
92 049
85 428
93 151
95 525
Living cost
46 526
46 526
46 526
46 526
Free-cash
45 523
38 902
46 625
48 999

Estimated living cost  is ₽46526 per week

₽31488
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3806
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽638
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10594
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽120359
₽123594
₽100387
₽95883
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
169 500
income
-
-
-
7 371
social contributions
-
-
-
37 290
total
-
-
-
44 661
Employee
30 969
-
146 752
-
social contributions
2 013
-
9 539
-
income
-
-
7 872
-
total
2 013
-
17 411
-
Employer
30 969
-
146 752
-
social contributions
4 800
-
22 746
-
total
4 800
-
22 746
-
Corporate
133 730
169 500
-
-
income
13 372
16 950
-
-
total
13 372
16 950
-
-
Dividends
120 358
152 550
-
-
total
-
-
-
-
Income
169 500
169 500
169 500
169 500
Total tax
20 185
16 950
40 157
44 661
After tax
149 315
152 550
129 343
124 839
Living cost
28 956
28 956
28 956
28 956
Free-cash
120 359
123 594
100 387
95 883

Estimated living cost  is ₽28956 per week

₽18723
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2183
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽545
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7506
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽40089
-₽40089
-₽40089
₽53637
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
169 500
pensions
-
-
-
834
municipal
-
-
-
35 309
labour market
-
-
-
13 493
national
-
-
-
19 899
total
-
-
-
69 535
Employee
195 540
195 540
195 540
-
national
23 889
23 889
23 889
-
municipal
41 639
41 639
41 639
-
labour market
15 621
15 621
15 621
-
pensions
278
278
278
-
total
81 427
81 427
81 427
-
Employer
195 540
195 540
195 540
-
municipal
41 705
41 705
41 705
-
pensions
556
556
556
-
national
23 930
23 930
23 930
-
labour market
15 643
15 643
15 643
-
total
81 834
81 834
81 834
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
169 500
169 500
169 500
169 500
Total tax
163 261
163 261
163 261
69 535
After tax
6 239
6 239
6 239
99 965
Living cost
46 328
46 328
46 328
46 328
Free-cash
-40 089
-40 089
-40 089
53 637

Estimated living cost  is ₽46328 per week

₽31707
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4098
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽712
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9810
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽10455
-₽7612
₽70588
₽94542
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
169 500
other
-
-
-
365
income
-
-
-
46 758
pensions
-
-
-
4 097
accident
-
-
-
249
health
-
-
-
2 147
total
-
-
-
53 616
Employee
33 572
-
152 374
-
health
3 844
-
17 447
-
pensions
3 780
-
7 512
-
income
4 606
-
35 485
-
total
12 230
-
60 444
-
Employer
33 572
-
152 374
-
accident
561
-
2 545
-
pensions
5 459
-
10 848
-
unemployment
823
-
3 733
-
total
6 843
-
17 126
-
Corporate
129 086
169 500
-
-
income

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

116 177
152 550
-
-
total
116 177
152 550
-
-
Dividends
12 908
16 950
-
-
withholding
2 453
3 220
-
-
total
2 453
3 220
-
-
Income
169 500
169 500
169 500
169 500
Total tax
137 703
155 770
77 570
53 616
After tax
31 797
13 730
91 930
115 884
Living cost
21 342
21 342
21 342
21 342
Free-cash
10 455
-7 612
70 588
94 542

Estimated living cost  is ₽21342 per week

₽15534
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1217
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽400
Clothing and shoes. We estimate one pair of shoes and 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

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
₽71658
₽69241
₽51946
₽72368
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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

-
-
-
169 500
municipal
-
-
-
30 113
national
-
-
-
27 827
health
-
-
-
2 208
total
-
-
-
60 148
Employee
50 681
-
142 591
-
national
837
-
16 880
-
unemployment
760
-
2 139
-
health
378
-
1 793
-
municipal
8 301
-
23 225
-
pensions
3 420
-
9 625
-
total
13 696
-
53 662
-
Employer
50 681
-
142 591
-
accident
51
-
143
-
pensions
8 793
-
24 739
-
unemployment
329
-
927
-
health
389
-
1 099
-
total
9 562
-
26 908
-
Corporate
109 256
169 500
-
-
income
21 851
33 899
-
-
total
21 851
33 899
-
-
Dividends

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

65 554
101 701
-
-
municipal
11 800
18 306
-
-
national
3 949
11 070
-
-
total
15 749
29 376
-
-
Income
169 500
169 500
169 500
169 500
Total tax
60 858
63 275
80 570
60 148
After tax
108 642
106 225
88 930
109 352
Living cost
36 984
36 984
36 984
36 984
Free-cash
71 658
69 241
51 946
72 368

Estimated living cost  is ₽36984 per week

₽24158
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3557
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽589
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8681
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽96107
₽101349
₽92066
₽93560
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
169 500
social contributions
-
-
-
15 586
income
-
-
-
33 729
health
-
-
-
4 322
total
-
-
-
53 637
Employee
74 073
74 073
158 279
-
health
574
1 260
2 691
-
social contributions
2 801
6 148
8 292
-
income
8 065
6 857
32 927
-
total
11 440
14 265
43 910
-
Employer
74 073
74 073
158 279
-
social contributions
2 801
6 148
8 292
-
health
623
1 371
2 929
-
total
3 424
7 519
11 221
-
Corporate
132 333
87 908
-
-
income
16 542
10 988
-
-
total
16 542
10 988
-
-
Dividends
115 791
76 920
-
-
withholding
19 684
13 076
-
-
total
19 684
13 076
-
-
Income
169 500
169 500
169 500
169 500
Total tax
51 090
45 848
55 131
53 637
After tax
118 410
123 652
114 369
115 863
Living cost
22 303
22 303
22 303
22 303
Free-cash
96 107
101 349
92 066
93 560

Estimated living cost  is ₽22303 per week

₽13367
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2188
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽494
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6256
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽120168
₽125069
₽107999
₽127321
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
169 500
unemployment
-
-
-
27
income
-
-
-
17 244
pensions
-
-
-
6 128
health
-
-
-
3 486
total
-
-
-
26 885
Employee

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

22 111
-
160 086
-
unemployment
110
-
457
-
health
1 879
-
7 769
-
pensions
3 316
-
13 710
-
income
1 512
-
14 857
-
total
6 817
-
36 793
-
Employer

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

22 111
-
160 086
-
pensions
1 216
-
5 027
-
unemployment
110
-
457
-
health
951
-
3 930
-
total
2 277
-
9 414
-
Corporate
145 113
169 500
-
-
income
13 060
15 255
-
-
total
13 060
15 255
-
-
Dividends
132 053
154 245
-
-
withholding
11 884
13 882
-
-
total
11 884
13 882
-
-
Income
169 500
169 500
169 500
169 500
Total tax
34 038
29 137
46 207
26 885
After tax
135 462
140 363
123 293
142 615
Living cost
15 294
15 294
15 294
15 294
Free-cash
120 168
125 069
107 999
127 321

Estimated living cost  is ₽15294 per week

₽9758
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1102
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽455
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3978
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽82242
₽86496
₽64592
₽68635
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
169 500
other
-
-
-
90
unemployment
-
-
-
625
income
-
-
-
47 589
pensions
-
-
-
25 267
accident
-
-
-
804
total
-
-
-
74 375
Employee
35 619
-
141 035
-
unemployment
552
-
1 384
-
other
35
-
90
-
pensions
1 674
-
4 197
-
income
6 867
-
44 282
-
total
9 128
-
49 953
-
Employer
35 619
-
141 035
-
other
285
-
715
-
accident
706
-
1 768
-
pensions
8 405
-
21 072
-
unemployment
1 960
-
4 910
-
total
11 356
-
28 465
-
Corporate
122 525
169 500
-
-
income

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

18 379
25 424
-
-
total
18 379
25 424
-
-
Dividends
104 146
144 076
-
-
withholding
21 905
31 090
-
-
total
21 905
31 090
-
-
Income
169 500
169 500
169 500
169 500
Total tax
60 768
56 514
78 418
74 375
After tax
108 732
112 986
91 082
95 125
Living cost
26 490
26 490
26 490
26 490
Free-cash
82 242
86 496
64 592
68 635

Estimated living cost  is ₽26490 per week

₽17880
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2546
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽464
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5599
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽103659
₽103956
₽107169
₽107299
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
169 500
income
-
-
-
58 109
pensions
-
-
-
1 322
health
-
-
-
958
total
-
-
-
60 389
Employee
2 760
-
168 013
-
unemployment
28
-
66
-
health
138
-
331
-
pensions
248
-
595
-
income
534
-
58 040
-
total
948
-
59 032
-
Employer
2 760
-
168 013
-
pensions
304
-
727
-
unemployment
55
-
132
-
health
262
-
628
-
total
621
-
1 487
-
Corporate
166 118
169 500
-
-
income
36 546
37 290
-
-
total
36 546
37 290
-
-
Dividends
129 572
132 210
-
-
withholding
25 914
26 442
-
-
total
25 914
26 442
-
-
Income
169 500
169 500
169 500
169 500
Total tax
64 029
63 732
60 519
60 389
After tax
105 471
105 768
108 981
109 111
Living cost
1 812
1 812
1 812
1 812
Free-cash
103 659
103 956
107 169
107 299

Estimated living cost  is ₽1812 per week

₽1077
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽147
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽42
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽547
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽101091
₽105824
₽87626
₽87624
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
169 500
unemployment
-
-
-
1 067
income
-
-
-
38 356
pensions
-
-
-
18 489
health
-
-
-
7 324
total
-
-
-
65 236
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.

25 093
-
156 771
-
unemployment
188
-
533
-
health
1 292
-
3 662
-
pensions
3 513
-
9 955
-
income
3 459
-
38 356
-
total
8 452
-
52 506
-
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.

25 093
-
156 771
-
pensions
3 011
-
8 533
-
unemployment
188
-
533
-
health
1 292
-
3 662
-
total
4 491
-
12 728
-
Corporate
139 916
169 500
-
-
income
20 987
25 425
-
-
total
20 987
25 425
-
-
Dividends
118 928
144 075
-
-
withholding
17 839
21 611
-
-
total
17 839
21 611
-
-
Income
169 500
169 500
169 500
169 500
Total tax
51 769
47 036
65 234
65 236
After tax
117 731
122 464
104 266
104 264
Living cost
16 640
16 640
16 640
16 640
Free-cash
101 091
105 824
87 626
87 624

Estimated living cost  is ₽16640 per week

₽11204
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1287
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.
₽3668
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽70093
₽70441
₽51966
₽64818
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
169 500
social contributions

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

-
-
-
58 901
income
-
-
-
19 811
surtax
-
-
-
-
total
-
-
-
78 712
Employee
37 388
-
136 970
-
surtax
-
-
-
-
social contributions
4 113
-
15 067
-
income
7 305
-
43 967
-
total
11 418
-
59 034
-
Employer
37 388
-
136 970
-
social contributions
8 879
-
32 530
-
total
8 879
-
32 530
-
Corporate
123 233
169 500
-
-
income
25 880
35 596
-
-
surtax
-
-
-
-
total
25 880
35 596
-
-
Dividends
97 354
133 904
-
-
withholding
27 260
37 493
-
-
total
27 260
37 493
-
-
Income
169 500
169 500
169 500
169 500
Total tax
73 437
73 089
91 564
78 712
After tax
96 063
96 411
77 936
90 788
Living cost
25 970
25 970
25 970
25 970
Free-cash
70 093
70 441
51 966
64 818

Estimated living cost  is ₽25970 per week

₽18394
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1804
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.
₽5312
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽72828
₽79131
₽57227
₽61270
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
169 500
other
-
-
-
90
unemployment
-
-
-
625
income
-
-
-
47 589
pensions
-
-
-
25 267
accident
-
-
-
804
total
-
-
-
74 375
Employee
46 523
-
141 035
-
unemployment
720
-
1 384
-
other
46
-
90
-
pensions
2 186
-
4 197
-
income
9 717
-
44 282
-
total
12 669
-
49 953
-
Employer
46 523
-
141 035
-
other
373
-
715
-
accident
921
-
1 768
-
pensions
10 979
-
21 072
-
unemployment
2 559
-
4 910
-
total
14 832
-
28 465
-
Corporate
108 144
169 500
-
-
income

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

16 222
25 424
-
-
total
16 222
25 424
-
-
Dividends
91 922
144 076
-
-
withholding
19 094
31 090
-
-
total
19 094
31 090
-
-
Income
169 500
169 500
169 500
169 500
Total tax
62 817
56 514
78 418
74 375
After tax
106 683
112 986
91 082
95 125
Living cost
33 855
33 855
33 855
33 855
Free-cash
72 828
79 131
57 227
61 270

Estimated living cost  is ₽33855 per week

₽24313
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2632
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽477
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6433
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽122483
₽128353
₽125166
₽118522
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
169 500
unemployment
-
-
-
135
income
-
-
-
25 425
pensions

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

-
-
-
4 979
health
-
-
-
3 869
total
-
-
-
34 408
Employee
21 941
-
162 899
-
accident

We are using the highest rate at 1.1%.

241
-
370
-
health
1 009
-
1 548
-
pensions

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

1 926
-
2 954
-
income
2 194
-
16 290
-
total
5 370
-
21 162
-
Employer
21 941
-
162 899
-
accident

We are using the highest rate at 1.1%.

241
-
370
-
pensions

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

2 418
-
3 708
-
unemployment
132
-
202
-
health
1 514
-
2 322
-
total
4 305
-
6 602
-
Corporate
143 255
169 500
-
-
income
14 325
16 950
-
-
total
14 325
16 950
-
-
Dividends
128 929
152 550
-
-
withholding
6 447
7 627
-
-
total
6 447
7 627
-
-
Income
169 500
169 500
169 500
169 500
Total tax
30 447
24 577
27 764
34 408
After tax
139 053
144 923
141 736
135 092
Living cost
16 570
16 570
16 570
16 570
Free-cash
122 483
128 353
125 166
118 522

Estimated living cost  is ₽16570 per week

₽10959
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽949
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽395
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4267
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽62644
₽50045
₽70474
₽52577
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
169 500
trade
-
-
-
17 897
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.

-
-
-
52 374
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.

-
-
-
6 581
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.

-
-
-
2 881
total
-
-
-
79 733
Employee

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

47 930
-
169 500
-
surtax

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

218
-
2 881
-
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.

6 581
-
6 581
-
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.

3 941
-
52 374
-
total
10 740
-
61 836
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
121 570
169 500
-
-
trade
17 445
24 324
-
-
income
18 235
25 424
-
-
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.

1 004
1 398
-
-
chamber of commerce
325
395
-
-
total
37 009
51 541
-
-
Dividends
84 561
117 958
-
-
withholding
20 774
29 123
-
-
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.

1 143
1 601
-
-
total
21 917
30 724
-
-
Income
169 500
169 500
169 500
169 500
Total tax
69 666
82 265
61 836
79 733
After tax
99 834
87 235
107 664
89 767
Living cost
37 190
37 190
37 190
37 190
Free-cash
62 644
50 045
70 474
52 577

Estimated living cost  is ₽37190 per week

₽25655
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4002
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽539
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6994
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

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
₽65902
₽63777
₽34473
₽34473
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
169 500
social contributions
-
-
-
28 275
income
-
-
-
51 878
total
-
-
-
80 153
Employee
75 352
-
169 500
-
social contributions
6 260
-
28 275
-
income
14 219
-
51 878
-
total
20 479
-
80 153
-
Employer
75 352
-
169 500
-
total
-
-
-
-
Corporate
94 148
169 500
-
-
income
11 769
21 187
-
-
total
11 769
21 187
-
-
Dividends
82 379
148 313
-
-
withholding
16 476
29 662
-
-
total
16 476
29 662
-
-
Income
169 500
169 500
169 500
169 500
Total tax
48 724
50 849
80 153
80 153
After tax
120 776
118 651
89 347
89 347
Living cost
54 874
54 874
54 874
54 874
Free-cash
65 902
63 777
34 473
34 473

Estimated living cost  is ₽54874 per week

₽41747
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4471
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽525
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8131
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽73484
₽70117
₽85561
₽101250
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
169 500
health

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

-
-
-
5 861
income
-
-
-
27 421
total
-
-
-
33 282
Employee
44 191
-
165 069
-
social contributions
4 428
-
4 431
-
income
4 795
-
40 109
-
total
9 223
-
44 540
-
Employer
44 191
-
165 069
-
social contributions
4 428
-
4 431
-
total
4 428
-
4 431
-
Corporate
120 882
169 500
-
-
income
42 308
59 326
-
-
total
42 308
59 326
-
-
Dividends
78 574
110 174
-
-
social contributions
5 089
5 089
-
-
total
5 089
5 089
-
-
Income
169 500
169 500
169 500
169 500
Total tax
61 048
64 415
48 971
33 282
After tax
108 452
105 085
120 529
136 218
Living cost
34 968
34 968
34 968
34 968
Free-cash
73 484
70 117
85 561
101 250

Estimated living cost  is ₽34968 per week

₽23033
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2757
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽536
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8641
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽80952
₽75276
₽61407
₽76746
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
169 500
income
-
-
-
48 511
pensions
-
-
-
8 637
total
-
-
-
57 148
Employee
48 875
-
148 062
-
health
638
-
2 145
-
pensions
3 730
-
10 619
-
income
8 900
-
38 285
-
total
13 268
-
51 049
-
Employer
48 875
-
148 062
-
pensions
4 938
-
18 624
-
health
929
-
2 814
-
total
5 867
-
21 438
-
Corporate
114 759
169 500
-
-
income

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

21 804
32 205
-
-
total
21 804
32 205
-
-
Dividends
92 955
137 295
-
-
withholding
12 003
26 413
-
-
total
12 003
26 413
-
-
Income
169 500
169 500
169 500
169 500
Total tax
52 942
58 618
72 487
57 148
After tax
116 558
110 882
97 013
112 352
Living cost
35 606
35 606
35 606
35 606
Free-cash
80 952
75 276
61 407
76 746

Estimated living cost  is ₽35606 per week

₽24426
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3274
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽445
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7459
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽10132
-₽9725
₽68475
₽92429
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
169 500
other
-
-
-
365
income
-
-
-
46 758
pensions
-
-
-
4 097
accident
-
-
-
249
health
-
-
-
2 147
total
-
-
-
53 616
Employee
36 895
-
152 374
-
health
4 224
-
17 447
-
pensions
4 154
-
7 512
-
income
5 062
-
35 485
-
total
13 440
-
60 444
-
Employer
36 895
-
152 374
-
accident
616
-
2 545
-
pensions
5 999
-
10 848
-
unemployment
904
-
3 733
-
total
7 519
-
17 126
-
Corporate
125 086
169 500
-
-
income

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

112 577
152 550
-
-
total
112 577
152 550
-
-
Dividends
12 509
16 950
-
-
withholding
2 377
3 220
-
-
total
2 377
3 220
-
-
Income
169 500
169 500
169 500
169 500
Total tax
135 913
155 770
77 570
53 616
After tax
33 587
13 730
91 930
115 884
Living cost
23 455
23 455
23 455
23 455
Free-cash
10 132
-9 725
68 475
92 429

Estimated living cost  is ₽23455 per week

₽17213
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1367
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽473
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4402
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽125136
₽129638
₽107400
₽86244
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
169 500
unemployment
-
-
-
1 846
income
-
-
-
27 947
pensions
-
-
-
28 312
health insurance
-
-
-
11 386
work injury
-
-
-
769
total
-
-
-
70 260
Employee

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

20 794
-
169 500
-
health insurance
1 539
-
5 693
-
unemployment
250
-
923
-
work injury
104
-
385
-
pensions
3 826
-
14 156
-
income
2 079
-
27 947
-
total
7 798
-
49 104
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
148 706
169 500
-
-
income

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

1 487
1 695
-
-
total
1 487
1 695
-
-
Dividends
147 219
167 805
-
-
withholding
22 083
25 171
-
-
total
22 083
25 171
-
-
Income
169 500
169 500
169 500
169 500
Total tax
31 368
26 866
49 104
70 260
After tax
138 132
142 634
120 396
99 240
Living cost
12 996
12 996
12 996
12 996
Free-cash
125 136
129 638
107 400
86 244

Estimated living cost  is ₽12996 per week

₽8051
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽944
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽405
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3595
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽46523
₽50905
₽33194
₽40637
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
169 500
regional
-
-
-
3 882
social contributions
-
-
-
43 595
municipal
-
-
-
1 133
national
-
-
-
41 877
total
-
-
-
90 487
Employee
81 174
-
169 500
-
national
13 718
-
36 318
-
regional
1 226
-
3 445
-
municipal
484
-
1 011
-
social contributions
27 371
-
57 156
-
total
42 799
-
97 930
-
Employer
81 174
-
169 500
-
total
-
-
-
-
Corporate
88 326
169 500
-
-
nationa
21 198
40 680
-
-
municipal
4 258
8 170
-
-
total
25 456
48 850
-
-
Dividends
62 871
120 651
-
-
withholding
16 346
31 369
-
-
total
16 346
31 369
-
-
Income
169 500
169 500
169 500
169 500
Total tax
84 601
80 219
97 930
90 487
After tax
84 899
89 281
71 570
79 013
Living cost
38 376
38 376
38 376
38 376
Free-cash
46 523
50 905
33 194
40 637

Estimated living cost  is ₽38376 per week

₽26956
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2640
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽579
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8199
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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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