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
₽67138
₽78637
₽58929
₽56583
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
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.

-
-
-
2 890
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.

-
-
-
6 519
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.

-
-
-
52 550
trade
-
-
-
19 708
total
-
-
-
81 667
Employee

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

36 498
-
169 500
-
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.

1 020
-
52 550
-
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.

56
-
2 890
-
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.

6 519
-
6 519
-
total
7 595
-
61 959
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
133 002
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.

1 097
1 398
-
-
chamber of commerce
337
388
-
-
income
19 950
25 425
-
-
trade
20 948
26 696
-
-
total
42 332
53 907
-
-
Dividends
90 669
115 594
-
-
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.

1 226
1 570
-
-
withholding
22 305
28 536
-
-
total
23 531
30 106
-
-
Income
169 500
169 500
169 500
169 500
Total tax
73 458
84 013
61 959
81 667
After tax
96 042
85 487
107 541
87 833
Living cost
28 904
28 904
28 904
28 904
Free-cash
67 138
56 583
78 637
58 929

Estimated living cost  is ₽28904 per week

₽18181
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3370
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽540
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6813
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽52175
₽48858
₽47526
₽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
national
-
-
-
28 624
pensions
-
-
-
20 340
municipal
-
-
-
18 472
social contributions
-
-
-
1 822
total
-
-
-
69 258
Employee
81 719
-
146 531
-
pensions
3 269
-
5 861
-
national
15 641
-
29 640
-
municipal
10 094
-
19 128
-
total
29 004
-
54 629
-
Employer
81 719
-
146 531
-
social contributions
878
-
1 575
-
pensions
6 538
-
11 722
-
total
7 416
-
13 297
-
Corporate
74 972
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%.

14 994
33 900
-
-
total
14 994
33 900
-
-
Dividends
59 977
135 600
-
-
withholding
13 195
29 832
-
-
total
13 195
29 832
-
-
Income
169 500
169 500
169 500
169 500
Total tax
64 609
63 732
67 926
69 258
After tax
104 891
105 768
101 574
100 242
Living cost
52 716
52 716
52 716
52 716
Free-cash
52 175
53 052
48 858
47 526

Estimated living cost  is ₽52716 per week

₽35830
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4900
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽789
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽11196
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽107918
₽51465
₽38760
₽115747
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
surtax
-
-
-
43 222
income
-
-
-
31 103
microenterprise
-
-
-
-
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.

-
-
-
36 562
total
-
-
-
110 887
Employee
27 884
-
128 020
-
income
4 964
-
25 631
-
surtax
-
-
18 563
-
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.

3 068
-
12 510
-
total
8 032
-
56 704
-
Employer
27 884
-
128 020
-
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.

6 717
-
27 397
-
surtax
-
-
14 081
-
total
6 717
-
41 478
-
Corporate
134 900
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%.

26 980
33 900
-
-
total
26 980
33 900
-
-
Dividends

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

107 919
135 600
-
-
total
-
-
-
-
Income
169 500
169 500
169 500
169 500
Total tax
41 729
33 900
98 182
110 887
After tax
127 771
135 600
71 318
58 613
Living cost
19 853
19 853
19 853
19 853
Free-cash
107 918
115 747
51 465
38 760

Estimated living cost  is ₽19853 per week

₽12665
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1891
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽451
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4846
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽38117
₽66078
₽53505
₽43964
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
11 180
health
-
-
-
11 767
income
-
-
-
53 073
total
-
-
-
76 020
Employee
81 490
81 490
151 766
-
income

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

13 339
13 339
22 766
-
pensions
14 668
11 180
11 180
-
health
12 508
10 639
11 767
-
total
40 515
35 158
45 713
-
Employer
81 490
81 490
151 766
-
unemployment
2 934
2 934
3 645
-
health
5 664
5 664
7 039
-
pensions
5 672
5 672
7 050
-
total
14 270
14 270
17 734
-
Corporate
74 740
73 741
-
-
income
14 949
14 748
-
-
total
14 949
14 748
-
-
Dividends
59 791
58 993
-
-
income
12 705
12 535
-
-
withholding
8 969
8 850
-
-
total
21 674
21 385
-
-
Income
169 500
169 500
169 500
169 500
Total tax
91 408
85 561
63 447
76 020
After tax
78 092
83 939
106 053
93 480
Living cost
39 975
39 975
39 975
39 975
Free-cash
38 117
43 964
66 078
53 505

Estimated living cost  is ₽39975 per week

₽28329
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3604
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽636
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7407
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽53707
₽48018
₽48940
₽54561
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
83
accident
-
-
-
166
national
-
-
-
15 103
pensions
-
-
-
9 000
health
-
-
-
5 195
municipal
-
-
-
43 353
other
-
-
-
9 674
total
-
-
-
82 574
Employee
54 127
-
143 342
-
national
-
-
14 593
-
municipal
16 141
-
42 745
-
total
16 141
-
57 338
-
Employer
54 127
-
143 342
-
accident
108
-
166
-
unemployment
1 429
-
2 198
-
health
3 329
-
5 120
-
pensions
5 851
-
9 000
-
other
6 290
-
9 674
-
total
17 007
-
26 158
-
Corporate
98 367
169 500
-
-
income
21 641
37 290
-
-
total
21 641
37 290
-
-
Dividends
76 726
132 210
-
-
withholding
23 018
39 663
-
-
total
23 018
39 663
-
-
Income
169 500
169 500
169 500
169 500
Total tax
77 807
76 953
83 496
82 574
After tax
91 693
92 547
86 004
86 926
Living cost
37 986
37 986
37 986
37 986
Free-cash
53 707
54 561
48 018
48 940

Estimated living cost  is ₽37986 per week

₽25176
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3727
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽577
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8506
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽60537
₽70054
₽49470
₽47129
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
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.

-
-
-
2 890
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.

-
-
-
6 519
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.

-
-
-
52 550
trade
-
-
-
20 584
total
-
-
-
82 543
Employee

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

48 392
-
169 500
-
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.

4 158
-
52 550
-
surtax

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

228
-
2 890
-
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.

6 519
-
6 519
-
total
10 905
-
61 959
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
121 108
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.

1 000
1 398
-
-
chamber of commerce
317
386
-
-
income
18 167
25 425
-
-
trade
19 921
27 882
-
-
total
39 405
55 091
-
-
Dividends
81 703
114 409
-
-
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.

1 103
1 554
-
-
withholding
20 063
28 239
-
-
total
21 166
29 793
-
-
Income
169 500
169 500
169 500
169 500
Total tax
71 476
84 884
61 959
82 543
After tax
98 024
84 616
107 541
86 957
Living cost
37 487
37 487
37 487
37 487
Free-cash
60 537
47 129
70 054
49 470

Estimated living cost  is ₽37487 per week

₽25072
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3953
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽560
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7903
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽88738
₽83344
₽84830
₽92696
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
4 323
income
-
-
-
33 956
social contributions
-
-
-
15 440
total
-
-
-
53 719
Employee
73 378
73 378
158 356
-
income
7 705
6 793
33 154
-
social contributions
3 566
6 090
8 214
-
health
730
1 248
2 693
-
total
12 001
14 131
44 061
-
Employer
73 378
73 378
158 356
-
social contributions
3 566
6 090
8 214
-
health
795
1 358
2 930
-
total
4 361
7 448
11 144
-
Corporate
122 187
88 674
-
-
income
15 273
11 084
-
-
total
15 273
11 084
-
-
Dividends
106 914
77 590
-
-
withholding
18 176
13 190
-
-
total
18 176
13 190
-
-
Income
169 500
169 500
169 500
169 500
Total tax
49 811
45 853
55 205
53 719
After tax
119 689
123 647
114 295
115 781
Living cost
30 951
30 951
30 951
30 951
Free-cash
88 738
92 696
83 344
84 830

Estimated living cost  is ₽30951 per week

₽21158
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2418
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽520
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6856
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽77104
₽79741
₽98903
₽76717
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
pensions
-
-
-
16 950
health
-
-
-
11 865
income
-
-
-
20 721
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.

26 732
10 639
141 841
-
income
3 268
1 301
17 340
-
pensions
2 673
1 064
14 184
-
unemployment
401
160
2 128
-
health
1 871
745
9 929
-
total
8 213
3 270
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.

26 732
10 639
141 841
-
pensions
5 213
2 075
27 659
-
total
5 213
2 075
27 659
-
Corporate
137 555
156 786
-
-
income
12 380
14 111
-
-
total
12 380
14 111
-
-
Dividends
125 175
142 676
-
-
social contributions
24 288
27 700
-
-
withholding
23 783
27 108
-
-
total
48 071
54 808
-
-
Income
169 500
169 500
169 500
169 500
Total tax
73 877
74 264
71 240
52 078
After tax
95 623
95 236
98 260
117 422
Living cost
18 519
18 519
18 519
18 519
Free-cash
77 104
76 717
79 741
98 903

Estimated living cost  is ₽18519 per week

₽12637
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1515
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽370
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3996
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽106622
₽74649
₽67802
₽112551
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
33 900
health
-
-
-
22 035
income
-
-
-
22 714
total
-
-
-
78 649
Employee
27 071
-
126 682
-
income
3 048
-
24 425
-
pensions
541
-
2 533
-
unemployment
433
-
2 026
-
total
4 022
-
28 984
-
Employer
27 071
-
126 682
-
unemployment
217
-
1 014
-
health
3 519
-
16 468
-
pensions
5 415
-
25 336
-
total
9 151
-
42 818
-
Corporate
133 279
169 500
-
-
income
26 656
33 900
-
-
total
26 656
33 900
-
-
Dividends
106 623
135 600
-
-
total
-
-
-
-
Income
169 500
169 500
169 500
169 500
Total tax
39 829
33 900
71 802
78 649
After tax
129 671
135 600
97 698
90 851
Living cost
23 049
23 049
23 049
23 049
Free-cash
106 622
112 551
74 649
67 802

Estimated living cost  is ₽23049 per week

₽15809
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1373
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.
₽5404
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽10568
₽71615
₽95244
-₽6882
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
accident
-
-
-
237
pensions
-
-
-
3 898
health
-
-
-
2 043
income
-
-
-
47 120
other
-
-
-
347
total
-
-
-
53 645
Employee
32 422
-
152 880
-
income
4 448
-
36 001
-
pensions
3 651
-
7 148
-
health
3 712
-
17 505
-
total
11 811
-
60 654
-
Employer
32 422
-
152 880
-
accident
541
-
2 553
-
unemployment
794
-
3 746
-
pensions
5 272
-
10 321
-
total
6 607
-
16 620
-
Corporate
130 471
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.

117 424
152 550
-
-
total
117 424
152 550
-
-
Dividends
13 047
16 950
-
-
withholding
2 479
3 221
-
-
total
2 479
3 221
-
-
Income
169 500
169 500
169 500
169 500
Total tax
138 321
155 771
77 274
53 645
After tax
31 179
13 729
92 226
115 855
Living cost
20 611
20 611
20 611
20 611
Free-cash
10 568
-6 882
71 615
95 244

Estimated living cost  is ₽20611 per week

₽15106
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1142
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽430
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3933
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽151050
₽127200
₽159405
₽152625
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
10 500
-
169 500
-
income
2 100
-
33 900
-
total
2 100
-
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%.

159 000
169 500
-
-
total
-
-
-
-
Dividends
159 000
169 500
-
-
withholding
7 950
8 475
-
-
total
7 950
8 475
-
-
Income
169 500
169 500
169 500
169 500
Total tax
10 050
8 475
33 900
1 695
After tax
159 450
161 025
135 600
167 805
Living cost
8 400
8 400
8 400
8 400
Free-cash
151 050
152 625
127 200
159 405

Estimated living cost  is ₽8400 per week

₽5206
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽698
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽231
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2265
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽92660
₽70604
₽69659
₽99105
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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

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.

-
-
-
34 827
health
-
-
-
6 385
income
-
-
-
26 310
other
-
-
-
6 892
total
-
-
-
74 414
Employee
34 648
-
135 381
-
income
5 965
-
26 625
-
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.

2 425
-
9 476
-
unemployment
346
-
1 355
-
health
485
-
1 896
-
total
9 221
-
39 352
-
Employer
34 648
-
135 381
-
accident
277
-
1 083
-
unemployment
346
-
1 355
-
health
485
-
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.

5 891
-
23 014
-
other
1 733
-
6 769
-
total
8 732
-
34 117
-
Corporate
126 120
169 500
-
-
income
26 486
35 595
-
-
total
26 486
35 595
-
-
Dividends
99 634
133 905
-
-
withholding
6 974
9 373
-
-
total
6 974
9 373
-
-
Income
169 500
169 500
169 500
169 500
Total tax
51 413
44 968
73 469
74 414
After tax
118 087
124 532
96 031
95 086
Living cost
25 427
25 427
25 427
25 427
Free-cash
92 660
99 105
70 604
69 659

Estimated living cost  is ₽25427 per week

₽17966
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1717
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽409
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5335
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽49033
₽32437
₽47785
₽46366
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
8 684
income
-
-
-
48 351
total
-
-
-
57 035
Employee
91 513
-
148 075
-
income
16 496
-
38 121
-
pensions
8 829
-
10 688
-
health
1 508
-
2 149
-
total
26 833
-
50 958
-
Employer
91 513
-
148 075
-
health
1 738
-
2 814
-
pensions
10 805
-
18 611
-
total
12 543
-
21 425
-
Corporate
65 444
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.

12 434
32 204
-
-
total
12 434
32 204
-
-
Dividends
53 009
137 296
-
-
withholding
3 977
26 250
-
-
total
3 977
26 250
-
-
Income
169 500
169 500
169 500
169 500
Total tax
55 787
58 454
72 383
57 035
After tax
113 713
111 046
97 117
112 465
Living cost
64 680
64 680
64 680
64 680
Free-cash
49 033
46 366
32 437
47 785

Estimated living cost  is ₽64680 per week

₽48466
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽7600
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽526
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8089
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽127439
₽128588
₽121982
₽132012
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
138
pensions

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

-
-
-
5 090
health
-
-
-
3 955
income
-
-
-
25 425
total
-
-
-
34 608
Employee
17 095
-
162 752
-
income
1 709
-
16 275
-
pensions

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

1 501
-
3 020
-
accident

We are using the highest rate at 1.1%.

188
-
378
-
health
786
-
1 582
-
total
4 184
-
21 255
-
Employer
17 095
-
162 752
-
accident

We are using the highest rate at 1.1%.

188
-
378
-
unemployment
102
-
206
-
health
1 180
-
2 373
-
pensions

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

1 884
-
3 790
-
total
3 354
-
6 747
-
Corporate
149 051
169 500
-
-
income
14 905
16 950
-
-
total
14 905
16 950
-
-
Dividends
134 146
152 550
-
-
withholding
6 708
7 628
-
-
total
6 708
7 628
-
-
Income
169 500
169 500
169 500
169 500
Total tax
29 151
24 578
28 002
34 608
After tax
140 349
144 922
141 498
134 892
Living cost
12 910
12 910
12 910
12 910
Free-cash
127 439
132 012
128 588
121 982

Estimated living cost  is ₽12910 per week

₽7537
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽922
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽342
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4109
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽33425
₽53138
₽40565
₽31024
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
11 180
health
-
-
-
11 767
income
-
-
-
53 073
total
-
-
-
76 020
Employee
88 472
81 490
151 766
-
income

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

13 339
13 339
22 766
-
pensions
11 180
11 180
11 180
-
health
11 037
10 639
11 767
-
total
35 556
35 158
45 713
-
Employer
88 472
81 490
151 766
-
unemployment
3 185
2 934
3 645
-
health
6 148
5 664
7 039
-
pensions
6 157
5 672
7 050
-
total
15 490
14 270
17 734
-
Corporate
65 538
73 741
-
-
income
13 107
14 748
-
-
total
13 107
14 748
-
-
Dividends
52 431
58 993
-
-
income
11 142
12 535
-
-
withholding
7 865
8 850
-
-
total
19 007
21 385
-
-
Income
169 500
169 500
169 500
169 500
Total tax
83 160
85 561
63 447
76 020
After tax
86 340
83 939
106 053
93 480
Living cost
52 915
52 915
52 915
52 915
Free-cash
33 425
31 024
53 138
40 565

Estimated living cost  is ₽52915 per week

₽39034
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4726
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽607
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8549
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽84703
₽64728
₽72193
₽93116
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
22 882
solidarity contribution
-
-
-
-
income
-
-
-
16 902
social contributions
-
-
-
33 938
total
-
-
-
73 722
Employee
34 684
-
128 847
-
solidarity contribution
-
-
-
-
income
4 162
-
15 585
-
social contributions
2 254
-
7 555
-
health
4 682
-
17 394
-
total
11 098
-
40 534
-
Employer
34 684
-
128 847
-
social contributions
8 671
-
29 057
-
health
3 122
-
11 596
-
total
11 793
-
40 653
-
Corporate
123 023
169 500
-
-
income
23 374
32 205
-
-
total
23 374
32 205
-
-
Dividends
99 649
137 295
-
-
withholding
14 947
20 594
-
-
total
14 947
20 594
-
-
Income
169 500
169 500
169 500
169 500
Total tax
61 212
52 799
81 187
73 722
After tax
108 288
116 701
88 313
95 778
Living cost
23 585
23 585
23 585
23 585
Free-cash
84 703
93 116
64 728
72 193

Estimated living cost  is ₽23585 per week

₽16383
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1678
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.
₽5061
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽45189
₽33003
₽40661
₽50168
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
national
-
-
-
41 969
regional
-
-
-
2 002
municipal
-
-
-
1 007
social contributions
-
-
-
43 595
total
-
-
-
88 573
Employee
84 808
-
169 500
-
regional
800
-
1 768
-
national
14 695
-
36 410
-
social contributions
28 597
-
57 155
-
municipal
449
-
898
-
total
44 541
-
96 231
-
Employer
84 808
-
169 500
-
total
-
-
-
-
Corporate
84 692
169 500
-
-
nationa
20 325
40 680
-
-
municipal
3 303
6 610
-
-
total
23 628
47 290
-
-
Dividends
61 063
122 211
-
-
withholding
15 876
31 776
-
-
total
15 876
31 776
-
-
Income
169 500
169 500
169 500
169 500
Total tax
84 045
79 066
96 231
88 573
After tax
85 455
90 434
73 269
80 927
Living cost
40 266
40 266
40 266
40 266
Free-cash
45 189
50 168
33 003
40 661

Estimated living cost  is ₽40266 per week

₽28069
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.
₽618
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8939
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽82587
₽53300
₽59134
₽85558
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
217
surtax
-
-
-
7 332
pensions
-
-
-
25 472
health
-
-
-
9 042
income
-
-
-
47 246
other
-
-
-
-
total
-
-
-
89 309
Employee
31 557
-
142 692
-
other
-
-
-
-
income
5 290
-
41 538
-
pensions
2 104
-
8 495
-
surtax
103
-
6 191
-
unemployment
2 197
-
8 864
-
health
806
-
3 247
-
total
10 500
-
68 335
-
Employer
31 557
-
142 692
-
unemployment
1 000
-
4 036
-
health
1 436
-
5 795
-
pensions
4 207
-
16 977
-
other
-
-
-
-
total
6 643
-
26 808
-
Corporate
131 301
169 500
-
-
income
34 139
44 070
-
-
total
34 139
44 070
-
-
Dividends
97 162
125 430
-
-
withholding
14 574
18 815
-
-
total
14 574
18 815
-
-
Income
169 500
169 500
169 500
169 500
Total tax
65 856
62 885
95 143
89 309
After tax
103 644
106 615
74 357
80 191
Living cost
21 057
21 057
21 057
21 057
Free-cash
82 587
85 558
53 300
59 134

Estimated living cost  is ₽21057 per week

₽12875
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1943
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽485
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5753
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽73245
₽52929
₽68277
₽66858
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
8 684
income
-
-
-
48 351
total
-
-
-
57 035
Employee
61 330
-
148 075
-
income
11 046
-
38 121
-
pensions
5 206
-
10 688
-
health
890
-
2 149
-
total
17 142
-
50 958
-
Employer
61 330
-
148 075
-
health
1 165
-
2 814
-
pensions
6 639
-
18 611
-
total
7 804
-
21 425
-
Corporate
100 366
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.

19 069
32 204
-
-
total
19 069
32 204
-
-
Dividends
81 297
137 296
-
-
withholding
8 052
26 250
-
-
total
8 052
26 250
-
-
Income
169 500
169 500
169 500
169 500
Total tax
52 067
58 454
72 383
57 035
After tax
117 433
111 046
97 117
112 465
Living cost
44 188
44 188
44 188
44 188
Free-cash
73 245
66 858
52 929
68 277

Estimated living cost  is ₽44188 per week

₽33105
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3312
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽462
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7308
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽34258
₽53926
₽61808
₽1912
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
national
-
-
-
2 685
pensions
-
-
-
15 593
health
-
-
-
381
regional
-
-
-
8 261
city
-
-
-
1 786
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.

-
-
-
3 390
total
-
-
-
32 096
Employee
88 467
-
151 709
-
pensions
7 432
-
12 745
-
regional
2 897
-
7 124
-
national
419
-
2 016
-
unemployment
-
-
-
-
health
200
-
342
-
city
949
-
1 629
-
total
11 897
-
23 856
-
Employer
88 467
-
151 709
-
unemployment
-
-
-
-
health
200
-
342
-
pensions
7 432
-
12 745
-
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.

1 769
-
3 035
-
total
9 401
-
16 122
-
Corporate
70 659
169 500
-
-
national
6 005
14 407
-
-
regional
14 944
35 849
-
-
total
20 949
50 256
-
-
Dividends
49 710
119 244
-
-
withholding
17 399
41 736
-
-
total
17 399
41 736
-
-
Income
169 500
169 500
169 500
169 500
Total tax
59 646
91 992
39 978
32 096
After tax
109 854
77 508
129 522
137 404
Living cost
75 596
75 596
75 596
75 596
Free-cash
34 258
1 912
53 926
61 808

Estimated living cost  is ₽75596 per week

₽49159
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽6784
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽928
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽18725
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽55506
₽63826
₽42365
₽40027
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
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.

-
-
-
2 890
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.

-
-
-
6 519
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.

-
-
-
52 550
trade
-
-
-
21 461
total
-
-
-
83 420
Employee

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

57 349
-
169 500
-
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.

6 744
-
52 550
-
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.

371
-
2 890
-
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.

6 519
-
6 519
-
total
13 634
-
61 959
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
112 151
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.

925
1 398
-
-
chamber of commerce
302
384
-
-
income
16 823
25 425
-
-
trade
19 233
29 070
-
-
total
37 283
56 277
-
-
Dividends
74 867
113 223
-
-
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.

1 009
1 537
-
-
withholding
18 353
27 944
-
-
total
19 362
29 481
-
-
Income
169 500
169 500
169 500
169 500
Total tax
70 279
85 758
61 959
83 420
After tax
99 221
83 742
107 541
86 080
Living cost
43 715
43 715
43 715
43 715
Free-cash
55 506
40 027
63 826
42 365

Estimated living cost  is ₽43715 per week

₽31928
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3497
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽569
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7723
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽58419
₽60324
₽62845
₽52781
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
surtax
-
-
-
-
pensions
-
-
-
30 090
health
-
-
-
7 213
income
-
-
-
26 619
social contributions
-
-
-
4 830
other
-
-
-
5 255
total
-
-
-
74 007
Employee
40 841
-
131 265
-
income
2 410
-
25 459
-
pensions
4 618
-
9 094
-
surtax
-
-
-
-
social contributions
1 164
-
3 739
-
total
8 192
-
38 292
-
Employer
40 841
-
131 265
-
unemployment
1 653
-
5 317
-
social contributions
123
-
393
-
health
2 859
-
12 105
-
pensions
6 709
-
15 315
-
other
1 409
-
5 106
-
total
12 753
-
38 236
-
Corporate
115 905
169 500
-
-
surtax
-
-
-
-
income
32 453
47 460
-
-
total
32 453
47 460
-
-
Dividends
83 452
122 040
-
-
surtax
-
-
-
-
social contributions
14 353
20 990
-
-
withholding
10 682
15 621
-
-
total
25 035
36 611
-
-
Income
169 500
169 500
169 500
169 500
Total tax
78 433
84 071
76 528
74 007
After tax
91 067
85 429
92 972
95 493
Living cost
32 648
32 648
32 648
32 648
Free-cash
58 419
52 781
60 324
62 845

Estimated living cost  is ₽32648 per week

₽20586
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2655
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽556
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8853
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽61314
₽63558
₽66079
₽56015
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
surtax
-
-
-
-
pensions
-
-
-
30 090
health
-
-
-
7 213
income
-
-
-
26 619
social contributions
-
-
-
4 830
other
-
-
-
5 255
total
-
-
-
74 007
Employee
36 456
-
131 265
-
income
1 880
-
25 459
-
pensions
4 123
-
9 094
-
surtax
-
-
-
-
social contributions
1 039
-
3 739
-
total
7 042
-
38 292
-
Employer
36 456
-
131 265
-
unemployment
1 476
-
5 317
-
social contributions
109
-
393
-
health
2 552
-
12 105
-
pensions
5 990
-
15 315
-
other
1 259
-
5 106
-
total
11 386
-
38 236
-
Corporate
121 659
169 500
-
-
surtax
-
-
-
-
income
34 064
47 460
-
-
total
34 064
47 460
-
-
Dividends
87 594
122 040
-
-
surtax
-
-
-
-
social contributions
15 067
20 990
-
-
withholding
11 213
15 621
-
-
total
26 280
36 611
-
-
Income
169 500
169 500
169 500
169 500
Total tax
78 772
84 071
76 528
74 007
After tax
90 728
85 429
92 972
95 493
Living cost
29 414
29 414
29 414
29 414
Free-cash
61 314
56 015
63 558
66 079

Estimated living cost  is ₽29414 per week

₽17058
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2988
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.
₽8810
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽83670
₽85083
₽88619
₽83175
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
11 830
income
-
-
-
25 425
social contributions
-
-
-
23 391
total
-
-
-
60 646
Employee
32 355
-
169 500
-
income
5 396
-
28 961
-
social contributions
4 466
-
23 391
-
health
2 258
-
11 830
-
total
12 120
-
64 182
-
Employer
32 355
-
169 500
-
total
-
-
-
-
Corporate
137 145
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%.

6 858
8 475
-
-
total
6 858
8 475
-
-
Dividends
130 287
161 025
-
-
social contributions
17 980
22 221
-
-
withholding
19 543
24 154
-
-
health
9 094
11 240
-
-
total
46 617
57 615
-
-
Income
169 500
169 500
169 500
169 500
Total tax
65 595
66 090
64 182
60 646
After tax
103 905
103 410
105 318
108 854
Living cost
20 235
20 235
20 235
20 235
Free-cash
83 670
83 175
85 083
88 619

Estimated living cost  is ₽20235 per week

₽13542
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1248
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽465
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4978
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽58671
₽11288
₽53377
₽60149
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
5 853
surtax
-
-
-
188
pensions
-
-
-
20 624
health
-
-
-
8 527
income
-
-
-
46 630
chamber of commerce
-
-
-
677
total
-
-
-
82 499
Employee
47 689
38 028
135 477
-
other
476
380
1 116
-
income
5 429
2 805
37 411
-
pensions
4 884
3 893
11 416
-
unemployment
1 431
1 141
3 345
-
health
1 845
1 472
4 314
-
total
14 065
9 691
57 602
-
Employer
47 689
38 028
135 477
-
chamber of commerce
190
152
541
-
surtax
188
188
188
-
accident
619
494
1 449
-
payroll
1 431
1 141
4 064
-
unemployment
1 431
1 141
3 345
-
health
1 802
1 438
4 214
-
pensions
5 985
4 773
13 991
-
other
2 265
1 805
6 231
-
total
13 911
11 132
34 023
-
Corporate
107 899
120 338
131 855
-
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.

26 975
30 084
32 963
-
total
26 975
30 084
32 963
-
Dividends
80 925
90 254
-
-
withholding
22 254
24 820
-
-
total
22 254
24 820
-
-
Income
169 500
169 500
169 500
169 500
Total tax
77 205
75 727
124 588
82 499
After tax
92 295
93 773
44 912
87 001
Living cost
33 624
33 624
33 624
33 624
Free-cash
58 671
60 149
11 288
53 377

Estimated living cost  is ₽33624 per week

₽22426
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2868
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽552
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7778
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽45690
₽24804
₽38700
₽60001
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
national
-
-
-
63 473
communal

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

-
-
-
8 743
social contributions
-
-
-
23 791
total
-
-
-
96 007
Employee

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

68 259
-
131 283
-
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.

5 119
-
9 846
-
communal

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

3 560
-
6 847
-
national
20 985
-
47 679
-
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.

594
-
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.

3 207
-
6 171
-
total
33 465
-
71 686
-
Employer

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

68 259
-
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.

887
-
1 706
-
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.

996
-
1 916
-
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.

4 198
-
8 075
-
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.

6 048
-
11 631
-
surtax
7 740
-
14 889
-
total
19 869
-
38 217
-
Corporate
81 373
169 500
-
-
surtax
326
677
-
-
income
16 274
33 900
-
-
total
16 600
34 577
-
-
Dividends
64 772
134 923
-
-
withholding

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

19 083
40 129
-
-
total
19 083
40 129
-
-
Income
169 500
169 500
169 500
169 500
Total tax
89 017
74 706
109 903
96 007
After tax
80 483
94 794
59 597
73 493
Living cost
34 793
34 793
34 793
34 793
Free-cash
45 690
60 001
24 804
38 700

Estimated living cost  is ₽34793 per week

₽22411
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3042
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.
₽8795
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽71969
₽56640
₽60644
₽78504
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
619
accident
-
-
-
797
pensions
-
-
-
25 030
income
-
-
-
47 859
other
-
-
-
89
total
-
-
-
74 394
Employee
47 501
-
141 303
-
other
47
-
89
-
income
10 022
-
44 583
-
pensions
2 233
-
4 158
-
unemployment
737
-
1 371
-
total
13 039
-
50 201
-
Employer
47 501
-
141 303
-
accident
940
-
1 751
-
unemployment
2 613
-
4 864
-
pensions
11 209
-
20 874
-
other
378
-
708
-
total
15 140
-
28 197
-
Corporate
106 859
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.

16 028
25 425
-
-
total
16 028
25 425
-
-
Dividends
90 831
144 075
-
-
withholding
18 862
31 109
-
-
total
18 862
31 109
-
-
Income
169 500
169 500
169 500
169 500
Total tax
63 069
56 534
78 398
74 394
After tax
106 431
112 966
91 102
95 106
Living cost
34 462
34 462
34 462
34 462
Free-cash
71 969
78 504
56 640
60 644

Estimated living cost  is ₽34462 per week

₽25378
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2445
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽496
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6143
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽34969
₽38543
₽31787
₽47203
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
accident
-
-
-
1 429
surtax
-
-
-
8 402
pensions
-
-
-
25 407
communal
-
-
-
10 713
health
-
-
-
11 908
income
-
-
-
27 996
total
-
-
-
85 855
Employee
72 265
-
151 407
-
income
6 980
-
32 876
-
pensions
5 780
-
12 113
-
surtax
4 429
-
9 279
-
health
3 216
-
6 738
-
total
20 405
-
61 006
-
Employer
72 265
-
151 407
-
accident
650
-
1 362
-
health
2 204
-
4 618
-
pensions
5 780
-
12 113
-
total
8 634
-
18 093
-
Corporate
88 601
169 500
-
-
surtax
931
1 780
-
-
communal
5 981
11 441
-
-
income
13 290
25 425
-
-
total
20 202
38 646
-
-
Dividends
68 399
130 854
-
-
income
23 172
12 165
-
-
withholding
10 260
19 628
-
-
total
33 432
31 793
-
-
Income
169 500
169 500
169 500
169 500
Total tax
82 673
70 439
79 099
85 855
After tax
86 827
99 061
90 401
83 645
Living cost
51 858
51 858
51 858
51 858
Free-cash
34 969
47 203
38 543
31 787

Estimated living cost  is ₽51858 per week

₽38901
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3142
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽549
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9264
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽82147
₽52923
₽58757
₽85181
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
217
surtax
-
-
-
7 332
pensions
-
-
-
25 472
health
-
-
-
9 042
income
-
-
-
47 246
other
-
-
-
-
total
-
-
-
89 309
Employee
32 136
-
142 692
-
other
-
-
-
-
income
5 387
-
41 538
-
pensions
2 144
-
8 495
-
surtax
114
-
6 191
-
unemployment
2 236
-
8 864
-
health
820
-
3 247
-
total
10 701
-
68 335
-
Employer
32 136
-
142 692
-
unemployment
1 020
-
4 036
-
health
1 461
-
5 795
-
pensions
4 285
-
16 977
-
other
-
-
-
-
total
6 766
-
26 808
-
Corporate
130 599
169 500
-
-
income
33 956
44 070
-
-
total
33 956
44 070
-
-
Dividends
96 643
125 430
-
-
withholding
14 496
18 815
-
-
total
14 496
18 815
-
-
Income
169 500
169 500
169 500
169 500
Total tax
65 919
62 885
95 143
89 309
After tax
103 581
106 615
74 357
80 191
Living cost
21 434
21 434
21 434
21 434
Free-cash
82 147
85 181
52 923
58 757

Estimated living cost  is ₽21434 per week

₽12941
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1863
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽498
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6133
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽61267
₽47050
₽54667
₽63387
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
national
-
-
-
41 969
regional
-
-
-
2 556
municipal
-
-
-
1 007
social contributions
-
-
-
43 595
total
-
-
-
89 127
Employee
52 934
-
169 500
-
regional
713
-
2 281
-
national
8 386
-
36 410
-
social contributions
17 850
-
57 155
-
municipal
281
-
898
-
total
27 230
-
96 744
-
Employer
52 934
-
169 500
-
total
-
-
-
-
Corporate
116 566
169 500
-
-
nationa
27 976
40 680
-
-
municipal
5 793
8 424
-
-
total
33 769
49 104
-
-
Dividends
82 797
120 396
-
-
withholding
21 528
31 303
-
-
total
21 528
31 303
-
-
Income
169 500
169 500
169 500
169 500
Total tax
82 527
80 407
96 744
89 127
After tax
86 973
89 093
72 756
80 373
Living cost
25 706
25 706
25 706
25 706
Free-cash
61 267
63 387
47 050
54 667

Estimated living cost  is ₽25706 per week

₽15986
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2604
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽440
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6675
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽77269
₽59250
₽66715
₽87638
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
22 882
solidarity contribution
-
-
-
-
income
-
-
-
16 902
social contributions
-
-
-
33 938
total
-
-
-
73 722
Employee
42 740
-
128 847
-
solidarity contribution
-
-
-
-
income
5 129
-
15 585
-
social contributions
2 778
-
7 555
-
health
5 770
-
17 394
-
total
13 677
-
40 534
-
Employer
42 740
-
128 847
-
social contributions
10 685
-
29 057
-
health
3 847
-
11 596
-
total
14 532
-
40 653
-
Corporate
112 228
169 500
-
-
income
21 323
32 205
-
-
total
21 323
32 205
-
-
Dividends
90 905
137 295
-
-
withholding
13 636
20 594
-
-
total
13 636
20 594
-
-
Income
169 500
169 500
169 500
169 500
Total tax
63 168
52 799
81 187
73 722
After tax
106 332
116 701
88 313
95 778
Living cost
29 063
29 063
29 063
29 063
Free-cash
77 269
87 638
59 250
66 715

Estimated living cost  is ₽29063 per week

₽21613
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1610
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.
₽5337
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽62959
₽14516
₽56745
₽63432
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
5 853
surtax
-
-
-
-
pensions
-
-
-
20 624
health
-
-
-
8 527
income
-
-
-
46 630
chamber of commerce
-
-
-
677
total
-
-
-
82 311
Employee
41 713
38 028
135 653
-
other
417
380
1 116
-
income
3 716
2 805
37 494
-
pensions
4 272
3 893
11 416
-
unemployment
1 251
1 141
3 345
-
health
1 613
1 472
4 314
-
total
11 269
9 691
57 685
-
Employer
41 713
38 028
135 653
-
chamber of commerce
167
152
543
-
surtax
-
-
-
-
accident
541
494
1 449
-
payroll
1 251
1 141
4 069
-
unemployment
1 251
1 141
3 345
-
health
1 577
1 438
4 214
-
pensions
5 235
4 773
13 991
-
other
1 981
1 805
6 237
-
total
12 003
10 944
33 848
-
Corporate
115 782
120 527
132 031
-
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.

28 945
30 131
33 007
-
total
28 945
30 131
33 007
-
Dividends
86 837
90 395
-
-
withholding
23 880
24 858
-
-
total
23 880
24 858
-
-
Income
169 500
169 500
169 500
169 500
Total tax
76 097
75 624
124 540
82 311
After tax
93 403
93 876
44 960
87 189
Living cost
30 444
30 444
30 444
30 444
Free-cash
62 959
63 432
14 516
56 745

Estimated living cost  is ₽30444 per week

₽18263
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3109
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽543
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8529
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽145480
₽122510
₽154715
₽147935
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
16 363
-
169 500
-
income
3 273
-
33 900
-
total
3 273
-
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%.

153 137
169 500
-
-
total
-
-
-
-
Dividends
153 137
169 500
-
-
withholding
7 657
8 475
-
-
total
7 657
8 475
-
-
Income
169 500
169 500
169 500
169 500
Total tax
10 930
8 475
33 900
1 695
After tax
158 570
161 025
135 600
167 805
Living cost
13 090
13 090
13 090
13 090
Free-cash
145 480
147 935
122 510
154 715

Estimated living cost  is ₽13090 per week

₽8858
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽549
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽439
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3243
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽83125
₽52627
₽57119
₽91105
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
pensions
-
-
-
30 955
health
-
-
-
16 678
income
-
-
-
38 899
total
-
-
-
86 786
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.

42 197
-
146 663
-
income
7 277
-
36 029
-
pensions
6 541
-
22 732
-
unemployment
60
-
205
-
health
2 725
-
9 475
-
total
16 603
-
68 441
-
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.

42 197
-
146 663
-
unemployment
25
-
89
-
health
2 810
-
9 768
-
pensions
3 734
-
12 980
-
total
6 569
-
22 837
-
Corporate
120 733
169 500
-
-
income
22 938
32 205
-
-
total
22 938
32 205
-
-
Dividends
97 794
137 295
-
-
withholding
14 670
20 595
-
-
total
14 670
20 595
-
-
Income
169 500
169 500
169 500
169 500
Total tax
60 780
52 800
91 278
86 786
After tax
108 720
116 700
78 222
82 714
Living cost
25 595
25 595
25 595
25 595
Free-cash
83 125
91 105
52 627
57 119

Estimated living cost  is ₽25595 per week

₽17566
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1641
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽496
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5894
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽9109
₽111148
₽72420
₽58406
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
33 039
social contributions
-
-
-
19 323
total
-
-
-
52 362
Employee
64 119
-
-
-
income
14 143
-
-
-
social contributions
5 258
-
749
-
total
19 401
-
749
-
Employer
64 119
-
-
-
social contributions
90 408
-
12 885
-
total
90 408
-
12 885
-
Corporate
14 974
169 500
-
-
income
3 294
37 290
-
-
total
3 294
37 290
-
-
Dividends
11 679
132 210
-
-
income
2 570
29 086
-
-
total
2 570
29 086
-
-
Income
169 500
169 500
169 500
169 500
Total tax
115 673
66 376
13 634
52 362
After tax
53 827
103 124
155 866
117 138
Living cost
44 718
44 718
44 718
44 718
Free-cash
9 109
58 406
111 148
72 420

Estimated living cost  is ₽44718 per week

₽29015
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4206
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽570
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10927
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽65519
₽47901
₽60754
₽66479
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
surtax
-
-
-
-
income
-
-
-
19 913
social contributions

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

-
-
-
58 901
total
-
-
-
78 814
Employee
43 888
-
136 969
-
income
9 129
-
44 069
-
surtax
-
-
-
-
social contributions
4 828
-
15 067
-
total
13 957
-
59 136
-
Employer
43 888
-
136 969
-
social contributions
10 423
-
32 531
-
total
10 423
-
32 531
-
Corporate
115 188
169 500
-
-
surtax
-
-
-
-
income
24 190
35 595
-
-
total
24 190
35 595
-
-
Dividends
90 998
133 905
-
-
withholding
25 479
37 494
-
-
total
25 479
37 494
-
-
Income
169 500
169 500
169 500
169 500
Total tax
74 049
73 089
91 667
78 814
After tax
95 451
96 411
77 833
90 686
Living cost
29 932
29 932
29 932
29 932
Free-cash
65 519
66 479
47 901
60 754

Estimated living cost  is ₽29932 per week

₽22395
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1766
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽500
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5271
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽45898
₽46883
₽49404
₽39340
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
surtax
-
-
-
-
pensions
-
-
-
30 090
health
-
-
-
7 213
income
-
-
-
26 619
social contributions
-
-
-
4 830
other
-
-
-
5 255
total
-
-
-
74 007
Employee
59 767
-
131 265
-
income
5 215
-
25 459
-
pensions
6 760
-
9 094
-
surtax
-
-
-
-
social contributions
1 702
-
3 739
-
total
13 677
-
38 292
-
Employer
59 767
-
131 265
-
unemployment
2 421
-
5 317
-
social contributions
179
-
393
-
health
4 183
-
12 105
-
pensions
9 820
-
15 315
-
other
2 063
-
5 106
-
total
18 666
-
38 236
-
Corporate
91 067
169 500
-
-
surtax
-
-
-
-
income
25 499
47 460
-
-
total
25 499
47 460
-
-
Dividends
65 568
122 040
-
-
surtax
-
-
-
-
social contributions
11 278
20 990
-
-
withholding
8 393
15 621
-
-
total
19 671
36 611
-
-
Income
169 500
169 500
169 500
169 500
Total tax
77 513
84 071
76 528
74 007
After tax
91 987
85 429
92 972
95 493
Living cost
46 089
46 089
46 089
46 089
Free-cash
45 898
39 340
46 883
49 404

Estimated living cost  is ₽46089 per week

₽31192
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3770
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽632
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10494
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽120660
₽100605
₽96099
₽123865
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
7 426
social contributions
-
-
-
37 290
total
-
-
-
44 716
Employee
30 678
-
146 754
-
income
-
-
7 926
-
social contributions
1 994
-
9 538
-
total
1 994
-
17 464
-
Employer
30 678
-
146 754
-
social contributions
4 755
-
22 746
-
total
4 755
-
22 746
-
Corporate
134 066
169 500
-
-
income
13 406
16 950
-
-
total
13 406
16 950
-
-
Dividends
120 660
152 550
-
-
total
-
-
-
-
Income
169 500
169 500
169 500
169 500
Total tax
20 155
16 950
40 210
44 716
After tax
149 345
152 550
129 290
124 784
Living cost
28 685
28 685
28 685
28 685
Free-cash
120 660
123 865
100 605
96 099

Estimated living cost  is ₽28685 per week

₽18547
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2162
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽540
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7435
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽37907
-₽37907
₽54016
-₽37907
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
national
-
-
-
19 957
pensions
-
-
-
825
municipal
-
-
-
35 362
labour market
-
-
-
13 494
total
-
-
-
69 638
Employee
193 506
193 506
193 506
-
labour market
15 458
15 458
15 458
-
pensions
275
275
275
-
national
23 640
23 640
23 640
-
municipal
41 206
41 206
41 206
-
total
80 579
80 579
80 579
-
Employer
193 506
193 506
193 506
-
labour market
15 480
15 480
15 480
-
national
23 681
23 681
23 681
-
municipal
41 271
41 271
41 271
-
pensions
550
550
550
-
total
80 982
80 982
80 982
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
169 500
169 500
169 500
169 500
Total tax
161 561
161 561
161 561
69 638
After tax
7 939
7 939
7 939
99 862
Living cost
45 846
45 846
45 846
45 846
Free-cash
-37 907
-37 907
-37 907
54 016

Estimated living cost  is ₽45846 per week

₽31378
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4056
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽705
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9708
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽10615
₽71919
₽95548
-₽6578
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
accident
-
-
-
237
pensions
-
-
-
3 898
health
-
-
-
2 043
income
-
-
-
47 120
other
-
-
-
347
total
-
-
-
53 645
Employee
31 944
-
152 880
-
income
4 382
-
36 001
-
pensions
3 597
-
7 148
-
health
3 658
-
17 505
-
total
11 637
-
60 654
-
Employer
31 944
-
152 880
-
accident
533
-
2 553
-
unemployment
783
-
3 746
-
pensions
5 194
-
10 321
-
total
6 510
-
16 620
-
Corporate
131 046
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.

117 941
152 550
-
-
total
117 941
152 550
-
-
Dividends
13 104
16 950
-
-
withholding
2 490
3 221
-
-
total
2 490
3 221
-
-
Income
169 500
169 500
169 500
169 500
Total tax
138 578
155 771
77 274
53 645
After tax
30 922
13 729
92 226
115 855
Living cost
20 307
20 307
20 307
20 307
Free-cash
10 615
-6 578
71 919
95 548

Estimated living cost  is ₽20307 per week

₽14781
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1158
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽381
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3987
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

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
₽71922
₽52192
₽72485
₽69489
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
national
-
-
-
28 055
health
-
-
-
2 213
municipal
-
-
-
30 111
total
-
-
-
60 379
Employee
50 205
-
142 592
-
pensions
3 388
-
9 625
-
national
829
-
16 977
-
unemployment
753
-
2 139
-
municipal
8 223
-
23 226
-
health
375
-
1 798
-
total
13 568
-
53 765
-
Employer
50 205
-
142 592
-
accident
51
-
143
-
unemployment
326
-
927
-
health
386
-
1 097
-
pensions
8 710
-
24 740
-
total
9 473
-
26 907
-
Corporate
109 822
169 500
-
-
income
21 964
33 900
-
-
total
21 964
33 900
-
-
Dividends

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

65 893
101 700
-
-
national
4 076
11 169
-
-
municipal
11 861
18 306
-
-
total
15 937
29 475
-
-
Income
169 500
169 500
169 500
169 500
Total tax
60 942
63 375
80 672
60 379
After tax
108 558
106 125
88 828
109 121
Living cost
36 636
36 636
36 636
36 636
Free-cash
71 922
69 489
52 192
72 485

Estimated living cost  is ₽36636 per week

₽23931
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3524
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽583
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8600
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽96358
₽92201
₽93687
₽101553
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
4 323
income
-
-
-
33 956
social contributions
-
-
-
15 440
total
-
-
-
53 719
Employee
73 378
73 378
158 356
-
income
7 990
6 793
33 154
-
social contributions
2 774
6 090
8 214
-
health
569
1 248
2 693
-
total
11 333
14 131
44 061
-
Employer
73 378
73 378
158 356
-
social contributions
2 774
6 090
8 214
-
health
618
1 358
2 930
-
total
3 392
7 448
11 144
-
Corporate
132 682
88 674
-
-
income
16 586
11 084
-
-
total
16 586
11 084
-
-
Dividends
116 096
77 590
-
-
withholding
19 737
13 190
-
-
total
19 737
13 190
-
-
Income
169 500
169 500
169 500
169 500
Total tax
51 048
45 853
55 205
53 719
After tax
118 452
123 647
114 295
115 781
Living cost
22 094
22 094
22 094
22 094
Free-cash
96 358
101 553
92 201
93 687

Estimated living cost  is ₽22094 per week

₽13241
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2168
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽489
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6197
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽120357
₽108401
₽127541
₽125212
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
pensions
-
-
-
6 070
health
-
-
-
3 453
income
-
-
-
17 258
total
-
-
-
26 808
Employee

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

21 903
-
160 174
-
income
1 498
-
14 891
-
pensions
3 285
-
13 582
-
unemployment
109
-
453
-
health
1 862
-
7 696
-
total
6 754
-
36 622
-
Employer

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

21 903
-
160 174
-
unemployment
109
-
453
-
health
942
-
3 893
-
pensions
1 204
-
4 980
-
total
2 255
-
9 326
-
Corporate
145 342
169 500
-
-
income
13 080
15 255
-
-
total
13 080
15 255
-
-
Dividends
132 262
154 245
-
-
withholding
11 903
13 882
-
-
total
11 903
13 882
-
-
Income
169 500
169 500
169 500
169 500
Total tax
33 992
29 137
45 948
26 808
After tax
135 508
140 363
123 552
142 692
Living cost
15 151
15 151
15 151
15 151
Free-cash
120 357
125 212
108 401
127 541

Estimated living cost  is ₽15151 per week

₽9666
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1092
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽451
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3940
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽82511
₽64861
₽68865
₽86725
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
619
accident
-
-
-
797
pensions
-
-
-
25 030
income
-
-
-
47 859
other
-
-
-
89
total
-
-
-
74 394
Employee
35 284
-
141 303
-
other
34
-
89
-
income
6 803
-
44 583
-
pensions
1 659
-
4 158
-
unemployment
547
-
1 371
-
total
9 043
-
50 201
-
Employer
35 284
-
141 303
-
accident
699
-
1 751
-
unemployment
1 941
-
4 864
-
pensions
8 326
-
20 874
-
other
282
-
708
-
total
11 248
-
28 197
-
Corporate
122 966
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.

18 446
25 425
-
-
total
18 446
25 425
-
-
Dividends
104 521
144 075
-
-
withholding
22 011
31 109
-
-
total
22 011
31 109
-
-
Income
169 500
169 500
169 500
169 500
Total tax
60 748
56 534
78 398
74 394
After tax
108 752
112 966
91 102
95 106
Living cost
26 241
26 241
26 241
26 241
Free-cash
82 511
86 725
64 861
68 865

Estimated living cost  is ₽26241 per week

₽17712
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2523
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽460
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5547
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽103858
₽107455
₽107572
₽104128
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
1 196
health
-
-
-
867
income
-
-
-
58 225
total
-
-
-
60 288
Employee
2 497
-
168 155
-
income
483
-
58 162
-
pensions
225
-
538
-
unemployment
25
-
60
-
health
125
-
299
-
total
858
-
59 059
-
Employer
2 497
-
168 155
-
unemployment
50
-
120
-
health
237
-
568
-
pensions
275
-
658
-
total
562
-
1 346
-
Corporate
166 441
169 500
-
-
income
36 617
37 290
-
-
total
36 617
37 290
-
-
Dividends
129 824
132 210
-
-
withholding
25 965
26 442
-
-
total
25 965
26 442
-
-
Income
169 500
169 500
169 500
169 500
Total tax
64 002
63 732
60 405
60 288
After tax
105 498
105 768
109 095
109 212
Living cost
1 640
1 640
1 640
1 640
Free-cash
103 858
104 128
107 455
107 572

Estimated living cost  is ₽1640 per week

₽974
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽133
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽38
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽495
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽101321
₽88049
₽88051
₽106003
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
1 055
pensions
-
-
-
18 289
health
-
-
-
7 245
income
-
-
-
38 399
total
-
-
-
64 988
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.

24 821
-
156 909
-
income
3 421
-
38 399
-
pensions
3 475
-
9 848
-
unemployment
186
-
528
-
health
1 278
-
3 623
-
total
8 360
-
52 398
-
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.

24 821
-
156 909
-
unemployment
186
-
528
-
health
1 278
-
3 623
-
pensions
2 979
-
8 441
-
total
4 443
-
12 592
-
Corporate
140 235
169 500
-
-
income
21 035
25 425
-
-
total
21 035
25 425
-
-
Dividends
119 200
144 075
-
-
withholding
17 880
21 611
-
-
total
17 880
21 611
-
-
Income
169 500
169 500
169 500
169 500
Total tax
51 718
47 036
64 990
64 988
After tax
117 782
122 464
104 510
104 512
Living cost
16 461
16 461
16 461
16 461
Free-cash
101 321
106 003
88 049
88 051

Estimated living cost  is ₽16461 per week

₽11083
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1273
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽476
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3628
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽70343
₽52107
₽64960
₽70685
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
surtax
-
-
-
-
income
-
-
-
19 913
social contributions

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

-
-
-
58 901
total
-
-
-
78 814
Employee
37 037
-
136 969
-
income
7 237
-
44 069
-
surtax
-
-
-
-
social contributions
4 074
-
15 067
-
total
11 311
-
59 136
-
Employer
37 037
-
136 969
-
social contributions
8 795
-
32 531
-
total
8 795
-
32 531
-
Corporate
123 668
169 500
-
-
surtax
-
-
-
-
income
25 970
35 595
-
-
total
25 970
35 595
-
-
Dividends
97 698
133 905
-
-
withholding
27 355
37 494
-
-
total
27 355
37 494
-
-
Income
169 500
169 500
169 500
169 500
Total tax
73 431
73 089
91 667
78 814
After tax
96 069
96 411
77 833
90 686
Living cost
25 726
25 726
25 726
25 726
Free-cash
70 343
70 685
52 107
64 960

Estimated living cost  is ₽25726 per week

₽18221
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1787
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽456
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5262
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽73185
₽57565
₽61569
₽79429
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
619
accident
-
-
-
797
pensions
-
-
-
25 030
income
-
-
-
47 859
other
-
-
-
89
total
-
-
-
74 394
Employee
46 086
-
141 303
-
other
45
-
89
-
income
9 626
-
44 583
-
pensions
2 166
-
4 158
-
unemployment
713
-
1 371
-
total
12 550
-
50 201
-
Employer
46 086
-
141 303
-
accident
913
-
1 751
-
unemployment
2 535
-
4 864
-
pensions
10 876
-
20 874
-
other
369
-
708
-
total
14 693
-
28 197
-
Corporate
108 720
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.

16 309
25 425
-
-
total
16 309
25 425
-
-
Dividends
92 412
144 075
-
-
withholding
19 226
31 109
-
-
total
19 226
31 109
-
-
Income
169 500
169 500
169 500
169 500
Total tax
62 778
56 534
78 398
74 394
After tax
106 722
112 966
91 102
95 106
Living cost
33 537
33 537
33 537
33 537
Free-cash
73 185
79 429
57 565
61 569

Estimated living cost  is ₽33537 per week

₽24085
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2608
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.
₽6372
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽121984
₽124560
₽117954
₽127984
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
138
pensions

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

-
-
-
5 090
health
-
-
-
3 955
income
-
-
-
25 425
total
-
-
-
34 608
Employee
22 429
-
162 752
-
income
2 243
-
16 275
-
pensions

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

1 969
-
3 020
-
accident

We are using the highest rate at 1.1%.

246
-
378
-
health
1 032
-
1 582
-
total
5 490
-
21 255
-
Employer
22 429
-
162 752
-
accident

We are using the highest rate at 1.1%.

246
-
378
-
unemployment
135
-
206
-
health
1 548
-
2 373
-
pensions

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

2 472
-
3 790
-
total
4 401
-
6 747
-
Corporate
142 671
169 500
-
-
income
14 267
16 950
-
-
total
14 267
16 950
-
-
Dividends
128 404
152 550
-
-
withholding
6 420
7 628
-
-
total
6 420
7 628
-
-
Income
169 500
169 500
169 500
169 500
Total tax
30 578
24 578
28 002
34 608
After tax
138 922
144 922
141 498
134 892
Living cost
16 938
16 938
16 938
16 938
Free-cash
121 984
127 984
124 560
117 954

Estimated living cost  is ₽16938 per week

₽11203
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽970
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽404
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4362
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽62876
₽70700
₽52743
₽50388
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
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.

-
-
-
2 890
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.

-
-
-
6 519
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.

-
-
-
52 550
trade
-
-
-
17 957
total
-
-
-
79 916
Employee

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

47 480
-
169 500
-
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.

3 904
-
52 550
-
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.

215
-
2 890
-
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.

6 519
-
6 519
-
total
10 638
-
61 959
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
122 020
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.

1 007
1 398
-
-
chamber of commerce
324
393
-
-
income
18 303
25 425
-
-
trade
17 509
24 324
-
-
total
37 143
51 540
-
-
Dividends
84 877
117 961
-
-
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.

1 146
1 603
-
-
withholding
20 856
29 128
-
-
total
22 002
30 731
-
-
Income
169 500
169 500
169 500
169 500
Total tax
69 783
82 271
61 959
79 916
After tax
99 717
87 229
107 541
89 584
Living cost
36 841
36 841
36 841
36 841
Free-cash
62 876
50 388
70 700
52 743

Estimated living cost  is ₽36841 per week

₽25414
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3964
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽534
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6928
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽66397
₽34803
₽34803
₽64292
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
52 027
social contributions
-
-
-
28 311
total
-
-
-
80 338
Employee
74 644
-
169 500
-
income
14 085
-
52 027
-
social contributions
6 201
-
28 311
-
total
20 286
-
80 338
-
Employer
74 644
-
169 500
-
total
-
-
-
-
Corporate
94 856
169 500
-
-
income
11 858
21 187
-
-
total
11 858
21 187
-
-
Dividends
82 998
148 313
-
-
withholding
16 600
29 662
-
-
total
16 600
29 662
-
-
Income
169 500
169 500
169 500
169 500
Total tax
48 744
50 849
80 338
80 338
After tax
120 756
118 651
89 162
89 162
Living cost
54 359
54 359
54 359
54 359
Free-cash
66 397
64 292
34 803
34 803

Estimated living cost  is ₽54359 per week

₽41355
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4429
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽520
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8055
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽73828
₽85790
₽101647
₽70495
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
6 050
income
-
-
-
27 163
total
-
-
-
33 213
Employee
43 776
-
165 110
-
income
4 750
-
40 290
-
social contributions
4 386
-
4 390
-
total
9 136
-
44 680
-
Employer
43 776
-
165 110
-
social contributions
4 386
-
4 390
-
total
4 386
-
4 390
-
Corporate
121 338
169 500
-
-
income
42 469
59 324
-
-
total
42 469
59 324
-
-
Dividends
78 870
110 176
-
-
social contributions
5 041
5 041
-
-
total
5 041
5 041
-
-
Income
169 500
169 500
169 500
169 500
Total tax
61 032
64 365
49 070
33 213
After tax
108 468
105 135
120 430
136 287
Living cost
34 640
34 640
34 640
34 640
Free-cash
73 828
70 495
85 790
101 647

Estimated living cost  is ₽34640 per week

₽22817
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2731
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽531
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8560
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽80848
₽61194
₽76542
₽75123
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
8 684
income
-
-
-
48 351
total
-
-
-
57 035
Employee
49 310
-
148 075
-
income
8 980
-
38 121
-
pensions
3 764
-
10 688
-
health
643
-
2 149
-
total
13 387
-
50 958
-
Employer
49 310
-
148 075
-
health
937
-
2 814
-
pensions
4 982
-
18 611
-
total
5 919
-
21 425
-
Corporate
114 271
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.

21 712
32 204
-
-
total
21 712
32 204
-
-
Dividends
92 559
137 296
-
-
withholding
11 711
26 250
-
-
total
11 711
26 250
-
-
Income
169 500
169 500
169 500
169 500
Total tax
52 729
58 454
72 383
57 035
After tax
116 771
111 046
97 117
112 465
Living cost
35 923
35 923
35 923
35 923
Free-cash
80 848
75 123
61 194
76 542

Estimated living cost  is ₽35923 per week

₽24643
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3304
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽449
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7525
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽10307
₽69909
₽93538
-₽8588
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
accident
-
-
-
237
pensions
-
-
-
3 898
health
-
-
-
2 043
income
-
-
-
47 120
other
-
-
-
347
total
-
-
-
53 645
Employee
35 106
-
152 880
-
income
4 816
-
36 001
-
pensions
3 953
-
7 148
-
health
4 019
-
17 505
-
total
12 788
-
60 654
-
Employer
35 106
-
152 880
-
accident
586
-
2 553
-
unemployment
860
-
3 746
-
pensions
5 708
-
10 321
-
total
7 154
-
16 620
-
Corporate
127 240
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.

114 516
152 550
-
-
total
114 516
152 550
-
-
Dividends
12 724
16 950
-
-
withholding
2 418
3 221
-
-
total
2 418
3 221
-
-
Income
169 500
169 500
169 500
169 500
Total tax
136 876
155 771
77 274
53 645
After tax
32 624
13 729
92 226
115 855
Living cost
22 317
22 317
22 317
22 317
Free-cash
10 307
-8 588
69 909
93 538

Estimated living cost  is ₽22317 per week

₽16378
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1300
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽450
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4189
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽125289
₽107675
₽86702
₽129751
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
1 830
pensions
-
-
-
28 066
income
-
-
-
27 969
health insurance
-
-
-
11 287
work injury
-
-
-
763
total
-
-
-
69 915
Employee

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

20 613
-
169 500
-
income
2 061
-
27 969
-
pensions
3 793
-
14 033
-
health insurance
1 525
-
5 644
-
unemployment
247
-
915
-
work injury
103
-
381
-
total
7 729
-
48 942
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
148 887
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%.

1 489
1 695
-
-
total
1 489
1 695
-
-
Dividends
147 398
167 805
-
-
withholding
22 110
25 171
-
-
total
22 110
25 171
-
-
Income
169 500
169 500
169 500
169 500
Total tax
31 328
26 866
48 942
69 915
After tax
138 172
142 634
120 558
99 585
Living cost
12 883
12 883
12 883
12 883
Free-cash
125 289
129 751
107 675
86 702

Estimated living cost  is ₽12883 per week

₽7981
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽936
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽402
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3564
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽46925
₽33465
₽40904
₽51266
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
national
-
-
-
41 969
regional
-
-
-
3 883
municipal
-
-
-
1 134
social contributions
-
-
-
43 595
total
-
-
-
90 581
Employee
80 412
-
169 500
-
regional
1 214
-
3 445
-
national
13 589
-
36 410
-
social contributions
27 114
-
57 155
-
municipal
480
-
1 010
-
total
42 397
-
98 020
-
Employer
80 412
-
169 500
-
total
-
-
-
-
Corporate
89 088
169 500
-
-
nationa
21 381
40 680
-
-
municipal
4 294
8 171
-
-
total
25 675
48 851
-
-
Dividends
63 414
120 650
-
-
withholding
16 488
31 368
-
-
total
16 488
31 368
-
-
Income
169 500
169 500
169 500
169 500
Total tax
84 560
80 219
98 020
90 581
After tax
84 940
89 281
71 480
78 919
Living cost
38 015
38 015
38 015
38 015
Free-cash
46 925
51 266
33 465
40 904

Estimated living cost  is ₽38015 per week

₽26703
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2615
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.
₽8122
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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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