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
₽78908
₽57075
₽59079
₽67449
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
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.

-
-
-
6 407
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.

-
-
-
52 870
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.

-
-
-
2 908
trade
-
-
-
19 829
total
-
-
-
82 014
Employee

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

35 872
-
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.

55
-
2 908
-
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.

1 002
-
52 870
-
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.

6 407
-
6 407
-
total
7 464
-
62 185
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
133 628
169 500
-
-
chamber of commerce
335
386
-
-
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.

1 102
1 399
-
-
trade
21 046
26 697
-
-
income
20 044
25 424
-
-
total
42 527
53 906
-
-
Dividends
91 102
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.

1 233
1 570
-
-
withholding
22 420
28 542
-
-
total
23 653
30 112
-
-
Income
169 500
169 500
169 500
169 500
Total tax
73 644
84 018
62 185
82 014
After tax
95 856
85 482
107 315
87 486
Living cost
28 407
28 407
28 407
28 407
Free-cash
67 449
57 075
78 908
59 079

Estimated living cost  is ₽28407 per week

₽17869
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.
₽530
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6696
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽51771
₽56514
₽50771
₽55695
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
169 500
social contributions
-
-
-
1 822
pensions
-
-
-
20 340
national
-
-
-
28 756
municipal
-
-
-
18 557
total
-
-
-
69 475
Employee
76 353
-
146 531
-
municipal
9 431
-
19 213
-
national
14 614
-
30 103
-
pensions
3 054
-
5 861
-
total
27 099
-
55 177
-
Employer
76 353
-
146 531
-
pensions
6 108
-
11 723
-
social contributions
821
-
1 575
-
total
6 929
-
13 298
-
Corporate
81 178
169 500
-
-
income

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

16 236
33 900
-
-
total
16 236
33 900
-
-
Dividends
64 943
135 600
-
-
withholding
14 287
29 832
-
-
total
14 287
29 832
-
-
Income
169 500
169 500
169 500
169 500
Total tax
64 551
63 732
68 475
69 475
After tax
104 949
105 768
101 025
100 025
Living cost
49 254
49 254
49 254
49 254
Free-cash
55 695
56 514
51 771
50 771

Estimated living cost  is ₽49254 per week

₽33478
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4579
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽737
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10461
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽51998
₽116088
₽39350
₽108395
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

As of 1 January, 2018 a microenterprise tax rate for microenterprise turnover of up to €40,000 is 15%. This tax is inclusive of all other taxes and contributions.

Microenterprise tax could also be applied to a company but as the only exception is a limitation of liability, we advise to register as a sole-trader.

-
-
-
169 500
social contributions

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

-
-
-
35 934
income
-
-
-
31 482
surtax
-
-
-
43 222
microenterprise
-
-
-
-
total
-
-
-
110 638
Employee
27 405
-
128 444
-
surtax
-
-
18 624
-
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.

3 015
-
12 295
-
income
4 878
-
26 015
-
total
7 893
-
56 934
-
Employer
27 405
-
128 444
-
surtax
-
-
14 130
-
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.

6 601
-
26 926
-
total
6 601
-
41 056
-
Corporate
135 494
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%.

27 099
33 900
-
-
total
27 099
33 900
-
-
Dividends

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

108 395
135 600
-
-
total
-
-
-
-
Income
169 500
169 500
169 500
169 500
Total tax
41 593
33 900
97 990
110 638
After tax
127 907
135 600
71 510
58 862
Living cost
19 512
19 512
19 512
19 512
Free-cash
108 395
116 088
51 998
39 350

Estimated living cost  is ₽19512 per week

₽12448
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1858
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽443
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4763
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽67077
₽44694
₽53991
₽38949
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
11 565
income
-
-
-
53 667
pensions
-
-
-
10 988
total
-
-
-
76 220
Employee
80 090
80 090
152 071
-
income

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

13 109
13 109
23 151
-
pensions
14 416
10 988
10 988
-
health
12 293
10 456
11 565
-
total
39 818
34 553
45 704
-
Employer
80 090
80 090
152 071
-
unemployment
2 883
2 883
3 583
-
health
5 567
5 567
6 918
-
pensions
5 574
5 574
6 929
-
total
14 024
14 024
17 430
-
Corporate
76 368
75 385
-
-
income
15 274
15 077
-
-
total
15 274
15 077
-
-
Dividends
61 093
60 309
-
-
income
12 982
12 816
-
-
withholding
9 164
9 047
-
-
total
22 146
21 863
-
-
Income
169 500
169 500
169 500
169 500
Total tax
91 262
85 517
63 134
76 220
After tax
78 238
83 983
106 366
93 280
Living cost
39 289
39 289
39 289
39 289
Free-cash
38 949
44 694
67 077
53 991

Estimated living cost  is ₽39289 per week

₽27843
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3542
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽625
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7279
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽47505
₽53876
₽48442
₽53007
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
169 500
other
-
-
-
9 848
health
-
-
-
5 289
accident
-
-
-
169
pensions
-
-
-
9 162
national
-
-
-
14 611
unemployment
-
-
-
85
municipal
-
-
-
43 223
total
-
-
-
82 387
Employee
55 103
-
142 870
-
municipal
16 432
-
42 604
-
national
-
-
14 092
-
total
16 432
-
56 696
-
Employer
55 103
-
142 870
-
other
6 403
-
9 848
-
unemployment
1 455
-
2 237
-
health
3 389
-
5 212
-
accident
110
-
169
-
pensions
5 957
-
9 162
-
total
17 314
-
26 628
-
Corporate
97 084
169 500
-
-
income
21 358
37 290
-
-
total
21 358
37 290
-
-
Dividends
75 725
132 210
-
-
withholding
22 718
39 663
-
-
total
22 718
39 663
-
-
Income
169 500
169 500
169 500
169 500
Total tax
77 822
76 953
83 324
82 387
After tax
91 678
92 547
86 176
87 113
Living cost
38 671
38 671
38 671
38 671
Free-cash
53 007
53 876
47 505
48 442

Estimated living cost  is ₽38671 per week

₽25630
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3795
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽587
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8660
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽70472
₽47768
₽49762
₽60947
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
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.

-
-
-
6 407
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.

-
-
-
52 870
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.

-
-
-
2 908
trade
-
-
-
20 710
total
-
-
-
82 895
Employee

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

47 561
-
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.

224
-
2 908
-
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.

4 086
-
52 870
-
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.

6 407
-
6 407
-
total
10 717
-
62 185
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
121 939
169 500
-
-
chamber of commerce
315
383
-
-
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.

1 006
1 399
-
-
trade
20 058
27 882
-
-
income
18 291
25 424
-
-
total
39 670
55 088
-
-
Dividends
82 269
114 412
-
-
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.

1 112
1 554
-
-
withholding
20 211
28 247
-
-
total
21 323
29 801
-
-
Income
169 500
169 500
169 500
169 500
Total tax
71 710
84 889
62 185
82 895
After tax
97 790
84 611
107 315
86 605
Living cost
36 843
36 843
36 843
36 843
Free-cash
60 947
47 768
70 472
49 762

Estimated living cost  is ₽36843 per week

₽24641
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3885
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽550
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7767
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽83740
₽93220
₽85219
₽89329
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
169 500
social contributions
-
-
-
15 174
health
-
-
-
4 323
income
-
-
-
34 364
total
-
-
-
53 861
Employee
72 118
72 118
158 496
-
social contributions
3 504
5 985
8 073
-
income
7 573
6 676
33 568
-
health
717
1 226
2 695
-
total
11 794
13 887
44 336
-
Employer
72 118
72 118
158 496
-
health
781
1 335
2 931
-
social contributions
3 504
5 985
8 073
-
total
4 285
7 320
11 004
-
Corporate
123 000
90 062
-
-
income
15 376
11 257
-
-
total
15 376
11 257
-
-
Dividends
107 624
78 805
-
-
withholding
18 296
13 396
-
-
total
18 296
13 396
-
-
Income
169 500
169 500
169 500
169 500
Total tax
49 751
45 860
55 340
53 861
After tax
119 749
123 640
114 160
115 639
Living cost
30 420
30 420
30 420
30 420
Free-cash
89 329
93 220
83 740
85 219

Estimated living cost  is ₽30420 per week

₽20795
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2376
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽511
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6738
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Limassol model

Close
Budapest , Hungary
₽80674
₽77633
₽99836
₽77999
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
11 865
income
-
-
-
20 721
pensions
-
-
-
16 950
unemployment
-
-
-
2 542
total
-
-
-
52 078
Employee

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

The minimum wage is 138,000 HUF per month.

25 386
10 103
141 841
-
income
3 103
1 235
17 340
-
pensions
2 539
1 010
14 184
-
health
1 777
707
9 929
-
unemployment
381
152
2 128
-
total
7 800
3 104
43 581
-
Employer

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

The minimum wage is 138,000 HUF per month.

25 386
10 103
141 841
-
pensions
4 950
1 970
27 659
-
total
4 950
1 970
27 659
-
Corporate
139 164
157 427
-
-
income
12 525
14 168
-
-
total
12 525
14 168
-
-
Dividends
126 639
143 258
-
-
social contributions
24 579
27 820
-
-
withholding
24 061
27 219
-
-
total
48 640
55 039
-
-
Income
169 500
169 500
169 500
169 500
Total tax
73 915
74 281
71 240
52 078
After tax
95 585
95 219
98 260
117 422
Living cost
17 586
17 586
17 586
17 586
Free-cash
77 999
77 633
80 674
99 836

Estimated living cost  is ₽17586 per week

₽12001
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1439
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽351
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3795
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽75044
₽112947
₽68198
₽107121
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
22 035
income
-
-
-
22 714
pensions
-
-
-
33 900
total
-
-
-
78 649
Employee
26 606
-
126 682
-
income
2 995
-
24 424
-
pensions
532
-
2 534
-
unemployment
425
-
2 027
-
total
3 952
-
28 985
-
Employer
26 606
-
126 682
-
unemployment
214
-
1 013
-
health
3 458
-
16 468
-
pensions
5 322
-
25 337
-
total
8 994
-
42 818
-
Corporate
133 901
169 500
-
-
income
26 780
33 900
-
-
total
26 780
33 900
-
-
Dividends
107 120
135 600
-
-
total
-
-
-
-
Income
169 500
169 500
169 500
169 500
Total tax
39 726
33 900
71 803
78 649
After tax
129 774
135 600
97 697
90 851
Living cost
22 653
22 653
22 653
22 653
Free-cash
107 121
112 947
75 044
68 198

Estimated living cost  is ₽22653 per week

₽15538
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1349
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.
₽5311
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽71406
-₽7044
₽95086
₽10542
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
169 500
other
-
-
-
350
health
-
-
-
2 059
accident
-
-
-
238
income
-
-
-
47 064
pensions
-
-
-
3 929
total
-
-
-
53 640
Employee
32 679
-
152 801
-
income
4 483
-
35 921
-
pensions
3 680
-
7 204
-
health
3 742
-
17 496
-
total
11 905
-
60 621
-
Employer
32 679
-
152 801
-
unemployment
801
-
3 744
-
accident
546
-
2 552
-
pensions
5 314
-
10 403
-
total
6 661
-
16 699
-
Corporate
130 161
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.

117 145
152 550
-
-
total
117 145
152 550
-
-
Dividends
13 016
16 950
-
-
withholding
2 473
3 220
-
-
total
2 473
3 220
-
-
Income
169 500
169 500
169 500
169 500
Total tax
138 184
155 770
77 320
53 640
After tax
31 316
13 730
92 180
115 860
Living cost
20 774
20 774
20 774
20 774
Free-cash
10 542
-7 044
71 406
95 086

Estimated living cost  is ₽20774 per week

₽15226
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1151
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽434
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3964
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽127773
₽153198
₽159978
₽151731
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

We expect you will register a microenterprise to benefit from 1% tax rate. Otherwise you will be taxed at a personal income rate of 20%.

-
-
-
169 500
microenterprise

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

-
-
-
1 695
total
-
-
-
1 695
Employee
9 783
-
169 500
-
income
1 956
-
33 900
-
total
1 956
-
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%.

159 717
169 500
-
-
total
-
-
-
-
Dividends
159 717
169 500
-
-
withholding
7 986
8 475
-
-
total
7 986
8 475
-
-
Income
169 500
169 500
169 500
169 500
Total tax
9 942
8 475
33 900
1 695
After tax
159 558
161 025
135 600
167 805
Living cost
7 827
7 827
7 827
7 827
Free-cash
151 731
153 198
127 773
159 978

Estimated living cost  is ₽7827 per week

₽4851
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽651
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽215
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2111
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽70973
₽99540
₽70645
₽93207
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
169 500
other
-
-
-
6 774
health
-
-
-
6 276
income
-
-
-
26 586
pensions

Participation in the individual account program is voluntary (6% of an income). The decision to contribute to an individual account must be made before the age of 35 and cannot be reversed.

-
-
-
34 229
total
-
-
-
73 865
Employee
34 053
-
135 383
-
income
5 863
-
26 695
-
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.

2 383
-
9 477
-
health
477
-
1 895
-
unemployment
340
-
1 354
-
total
9 063
-
39 421
-
Employer
34 053
-
135 383
-
other
1 703
-
6 769
-
unemployment
340
-
1 354
-
health
477
-
1 895
-
accident
272
-
1 084
-
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.

5 790
-
23 014
-
total
8 582
-
34 116
-
Corporate
126 865
169 500
-
-
income
26 642
35 596
-
-
total
26 642
35 596
-
-
Dividends
100 223
133 904
-
-
withholding
7 016
9 374
-
-
total
7 016
9 374
-
-
Income
169 500
169 500
169 500
169 500
Total tax
51 303
44 970
73 537
73 865
After tax
118 197
124 530
95 963
95 635
Living cost
24 990
24 990
24 990
24 990
Free-cash
93 207
99 540
70 973
70 645

Estimated living cost  is ₽24990 per week

₽17657
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1687
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.
₽5243
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽34635
₽48292
₽49944
₽52277
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
49 104
pensions
-
-
-
8 464
total
-
-
-
57 568
Employee
87 704
-
148 010
-
income
15 810
-
38 900
-
health
1 445
-
2 121
-
pensions
8 461
-
10 366
-
total
25 716
-
51 387
-
Employer
87 704
-
148 010
-
health
1 666
-
2 813
-
pensions
10 355
-
18 677
-
total
12 021
-
21 490
-
Corporate
69 775
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.

13 258
32 205
-
-
total
13 258
32 205
-
-
Dividends
56 518
137 295
-
-
withholding
4 240
27 015
-
-
total
4 240
27 015
-
-
Income
169 500
169 500
169 500
169 500
Total tax
55 235
59 220
72 877
57 568
After tax
114 265
110 280
96 623
111 932
Living cost
61 988
61 988
61 988
61 988
Free-cash
52 277
48 292
34 635
49 944

Estimated living cost  is ₽61988 per week

₽46449
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽7283
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽504
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7753
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽129923
₽132732
₽123214
₽128414
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
3 735
income
-
-
-
25 425
pensions

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

-
-
-
4 806
unemployment
-
-
-
130
total
-
-
-
34 096
Employee
16 141
-
163 129
-
income
1 614
-
16 313
-
accident

We are using the highest rate at 1.1%.

178
-
357
-
pensions

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

1 417
-
2 851
-
health
742
-
1 494
-
total
3 951
-
21 015
-
Employer
16 141
-
163 129
-
unemployment
97
-
195
-
health
1 114
-
2 241
-
accident

We are using the highest rate at 1.1%.

178
-
357
-
pensions

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

1 779
-
3 579
-
total
3 168
-
6 372
-
Corporate
150 192
169 500
-
-
income
15 019
16 950
-
-
total
15 019
16 950
-
-
Dividends
135 173
152 550
-
-
withholding
6 758
7 628
-
-
total
6 758
7 628
-
-
Income
169 500
169 500
169 500
169 500
Total tax
28 896
24 578
27 387
34 096
After tax
140 604
144 922
142 113
135 404
Living cost
12 190
12 190
12 190
12 190
Free-cash
128 414
132 732
129 923
123 214

Estimated living cost  is ₽12190 per week

₽7116
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽870
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽323
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3880
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽54360
₽31977
₽41274
₽34337
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
11 565
income
-
-
-
53 667
pensions
-
-
-
10 988
total
-
-
-
76 220
Employee
86 952
80 090
152 071
-
income

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

13 109
13 109
23 151
-
pensions
10 988
10 988
10 988
-
health
10 848
10 456
11 565
-
total
34 945
34 553
45 704
-
Employer
86 952
80 090
152 071
-
unemployment
3 131
2 883
3 583
-
health
6 042
5 567
6 918
-
pensions
6 051
5 574
6 929
-
total
15 224
14 024
17 430
-
Corporate
67 323
75 385
-
-
income
13 464
15 077
-
-
total
13 464
15 077
-
-
Dividends
53 859
60 309
-
-
income
11 446
12 816
-
-
withholding
8 078
9 047
-
-
total
19 524
21 863
-
-
Income
169 500
169 500
169 500
169 500
Total tax
83 157
85 517
63 134
76 220
After tax
86 343
83 983
106 366
93 280
Living cost
52 006
52 006
52 006
52 006
Free-cash
34 337
31 977
54 360
41 274

Estimated living cost  is ₽52006 per week

₽38363
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4645
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽596
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8402
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽65713
₽93584
₽73233
₽85336
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
169 500
social contributions
-
-
-
33 264
health
-
-
-
22 883
income
-
-
-
17 003
solidarity contribution
-
-
-
-
total
-
-
-
73 150
Employee
33 995
-
129 377
-
social contributions
2 210
-
7 405
-
solidarity contribution
-
-
-
-
income
4 079
-
15 676
-
health
4 589
-
17 466
-
total
10 878
-
40 547
-
Employer
33 995
-
129 377
-
health
3 060
-
11 644
-
social contributions
8 499
-
28 479
-
total
11 559
-
40 123
-
Corporate
123 947
169 500
-
-
income
23 550
32 205
-
-
total
23 550
32 205
-
-
Dividends
100 397
137 295
-
-
withholding
15 060
20 594
-
-
total
15 060
20 594
-
-
Income
169 500
169 500
169 500
169 500
Total tax
61 047
52 799
80 670
73 150
After tax
108 453
116 701
88 830
96 350
Living cost
23 117
23 117
23 117
23 117
Free-cash
85 336
93 584
65 713
73 233

Estimated living cost  is ₽23117 per week

₽16057
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1645
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽455
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4961
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽33524
₽50860
₽41182
₽45963
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
169 500
social contributions
-
-
-
43 596
national
-
-
-
42 135
regional
-
-
-
2 005
municipal
-
-
-
1 007
total
-
-
-
88 743
Employee
83 352
-
169 500
-
social contributions
28 106
-
57 156
-
municipal
441
-
899
-
national
14 443
-
36 575
-
regional
786
-
1 771
-
total
43 776
-
96 401
-
Employer
83 352
-
169 500
-
total
-
-
-
-
Corporate
86 148
169 500
-
-
nationa
20 676
40 681
-
-
municipal
3 360
6 610
-
-
total
24 036
47 291
-
-
Dividends
62 112
122 209
-
-
withholding
16 150
31 774
-
-
total
16 150
31 774
-
-
Income
169 500
169 500
169 500
169 500
Total tax
83 962
79 065
96 401
88 743
After tax
85 538
90 435
73 099
80 757
Living cost
39 575
39 575
39 575
39 575
Free-cash
45 963
50 860
33 524
41 182

Estimated living cost  is ₽39575 per week

₽27587
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2595
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.
₽8785
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽53723
₽85921
₽59458
₽83001
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
169 500
other
-
-
-
-
health
-
-
-
8 886
income
-
-
-
47 744
pensions
-
-
-
25 034
surtax
-
-
-
7 468
unemployment
-
-
-
214
total
-
-
-
89 346
Employee
31 015
-
143 152
-
surtax
101
-
6 347
-
income
5 199
-
42 135
-
other
-
-
-
-
pensions
2 068
-
8 349
-
health
792
-
3 191
-
unemployment
2 159
-
8 712
-
total
10 319
-
68 734
-
Employer
31 015
-
143 152
-
other
-
-
-
-
unemployment
982
-
3 967
-
health
1 411
-
5 695
-
pensions
4 134
-
16 685
-
total
6 527
-
26 347
-
Corporate
131 957
169 500
-
-
income
34 309
44 069
-
-
total
34 309
44 069
-
-
Dividends
97 648
125 431
-
-
withholding
14 648
18 814
-
-
total
14 648
18 814
-
-
Income
169 500
169 500
169 500
169 500
Total tax
65 803
62 883
95 081
89 346
After tax
103 697
106 617
74 419
80 154
Living cost
20 696
20 696
20 696
20 696
Free-cash
83 001
85 921
53 723
59 458

Estimated living cost  is ₽20696 per week

₽12654
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1910
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽477
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5654
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽54274
₽67931
₽69583
₽74055
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
49 104
pensions
-
-
-
8 464
total
-
-
-
57 568
Employee
58 777
-
148 010
-
income
10 586
-
38 900
-
health
853
-
2 121
-
pensions
4 989
-
10 366
-
total
16 428
-
51 387
-
Employer
58 777
-
148 010
-
health
1 117
-
2 813
-
pensions
6 363
-
18 677
-
total
7 480
-
21 490
-
Corporate
103 244
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.

19 616
32 205
-
-
total
19 616
32 205
-
-
Dividends
83 628
137 295
-
-
withholding
9 572
27 015
-
-
total
9 572
27 015
-
-
Income
169 500
169 500
169 500
169 500
Total tax
53 096
59 220
72 877
57 568
After tax
116 404
110 280
96 623
111 932
Living cost
42 349
42 349
42 349
42 349
Free-cash
74 055
67 931
54 274
69 583

Estimated living cost  is ₽42349 per week

₽31727
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3174
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽443
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7004
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽54264
₽2276
₽62116
₽34465
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
169 500
other

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

-
-
-
3 389
health
-
-
-
381
pensions
-
-
-
15 593
city
-
-
-
1 787
national
-
-
-
2 715
regional
-
-
-
8 287
total
-
-
-
32 152
Employee
88 041
-
151 710
-
national
417
-
2 025
-
city
945
-
1 629
-
pensions
7 397
-
12 745
-
health
199
-
342
-
regional
2 883
-
7 142
-
unemployment
-
-
-
-
total
11 841
-
23 883
-
Employer
88 041
-
151 710
-
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.

1 760
-
3 034
-
unemployment
-
-
-
-
health
199
-
342
-
pensions
7 397
-
12 745
-
total
9 356
-
16 121
-
Corporate
71 135
169 500
-
-
regional
15 044
35 849
-
-
national
6 046
14 407
-
-
total
21 090
50 256
-
-
Dividends
50 045
119 245
-
-
withholding
17 516
41 736
-
-
total
17 516
41 736
-
-
Income
169 500
169 500
169 500
169 500
Total tax
59 803
91 992
40 004
32 152
After tax
109 697
77 508
129 496
137 348
Living cost
75 232
75 232
75 232
75 232
Free-cash
34 465
2 276
54 264
62 116

Estimated living cost  is ₽75232 per week

₽48922
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽6751
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽924
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽18634
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽64351
₽40775
₽42760
₽55985
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
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.

-
-
-
6 407
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.

-
-
-
52 870
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.

-
-
-
2 908
trade
-
-
-
21 591
total
-
-
-
83 776
Employee

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

56 364
-
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.

365
-
2 908
-
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.

6 628
-
52 870
-
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.

6 407
-
6 407
-
total
13 400
-
62 185
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
113 136
169 500
-
-
chamber of commerce
301
381
-
-
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.

933
1 399
-
-
trade
19 403
29 069
-
-
income
16 970
25 424
-
-
total
37 607
56 273
-
-
Dividends
75 529
113 227
-
-
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.

1 018
1 538
-
-
withholding
18 526
27 950
-
-
total
19 544
29 488
-
-
Income
169 500
169 500
169 500
169 500
Total tax
70 551
85 761
62 185
83 776
After tax
98 949
83 739
107 315
85 724
Living cost
42 964
42 964
42 964
42 964
Free-cash
55 985
40 775
64 351
42 760

Estimated living cost  is ₽42964 per week

₽31379
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3437
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽559
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7591
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽60559
₽53340
₽63361
₽58881
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
169 500
other
-
-
-
5 254
social contributions
-
-
-
4 830
health
-
-
-
7 302
income
-
-
-
26 851
pensions
-
-
-
29 814
surtax
-
-
-
-
total
-
-
-
74 051
Employee
40 139
-
131 103
-
surtax
-
-
-
-
social contributions
1 144
-
3 736
-
income
2 369
-
25 570
-
pensions
4 538
-
9 150
-
total
8 051
-
38 456
-
Employer
40 139
-
131 103
-
other
1 385
-
5 128
-
unemployment
1 625
-
5 309
-
health
2 810
-
12 169
-
pensions
6 594
-
15 398
-
social contributions
121
-
393
-
total
12 535
-
38 397
-
Corporate
116 826
169 500
-
-
surtax
-
-
-
-
income
32 711
47 460
-
-
total
32 711
47 460
-
-
Dividends
84 115
122 040
-
-
social contributions
14 468
20 991
-
-
surtax
-
-
-
-
withholding
10 766
15 621
-
-
total
25 234
36 612
-
-
Income
169 500
169 500
169 500
169 500
Total tax
78 531
84 072
76 853
74 051
After tax
90 969
85 428
92 647
95 449
Living cost
32 088
32 088
32 088
32 088
Free-cash
58 881
53 340
60 559
63 361

Estimated living cost  is ₽32088 per week

₽20233
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2609
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽546
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8701
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽63739
₽56520
₽66541
₽61730
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
169 500
other
-
-
-
5 254
social contributions
-
-
-
4 830
health
-
-
-
7 302
income
-
-
-
26 851
pensions
-
-
-
29 814
surtax
-
-
-
-
total
-
-
-
74 051
Employee
35 830
-
131 103
-
surtax
-
-
-
-
social contributions
1 022
-
3 736
-
income
1 847
-
25 570
-
pensions
4 053
-
9 150
-
total
6 922
-
38 456
-
Employer
35 830
-
131 103
-
other
1 237
-
5 128
-
unemployment
1 451
-
5 309
-
health
2 508
-
12 169
-
pensions
5 888
-
15 398
-
social contributions
107
-
393
-
total
11 191
-
38 397
-
Corporate
122 480
169 500
-
-
surtax
-
-
-
-
income
34 295
47 460
-
-
total
34 295
47 460
-
-
Dividends
88 186
122 040
-
-
social contributions
15 167
20 991
-
-
surtax
-
-
-
-
withholding
11 287
15 621
-
-
total
26 454
36 612
-
-
Income
169 500
169 500
169 500
169 500
Total tax
78 862
84 072
76 853
74 051
After tax
90 638
85 428
92 647
95 449
Living cost
28 908
28 908
28 908
28 908
Free-cash
61 730
56 520
63 739
66 541

Estimated living cost  is ₽28908 per week

₽16766
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2937
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽548
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8659
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽85345
₽83525
₽88967
₽84013
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
169 500
social contributions
-
-
-
23 392
health
-
-
-
11 830
income
-
-
-
25 424
total
-
-
-
60 646
Employee
31 799
-
169 500
-
social contributions
4 389
-
23 392
-
income
5 304
-
29 046
-
health
2 219
-
11 830
-
total
11 912
-
64 268
-
Employer
31 799
-
169 500
-
total
-
-
-
-
Corporate
137 701
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%.

6 884
8 475
-
-
total
6 884
8 475
-
-
Dividends
130 816
161 025
-
-
social contributions
18 052
22 221
-
-
withholding
19 622
24 153
-
-
health
9 130
11 239
-
-
total
46 804
57 613
-
-
Income
169 500
169 500
169 500
169 500
Total tax
65 600
66 088
64 268
60 646
After tax
103 900
103 412
105 232
108 854
Living cost
19 887
19 887
19 887
19 887
Free-cash
84 013
83 525
85 345
88 967

Estimated living cost  is ₽19887 per week

₽13309
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1226
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽457
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4893
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽11829
₽60697
₽53960
₽59244
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
8 381
income
-
-
-
47 227
chamber of commerce
-
-
-
678
pensions
-
-
-
20 270
surtax
-
-
-
185
unemployment
-
-
-
5 752
total
-
-
-
82 493
Employee
46 870
37 375
135 864
-
income
5 336
2 757
38 070
-
other
468
374
1 096
-
pensions
4 800
3 827
11 220
-
health
1 814
1 447
4 239
-
unemployment
1 406
1 121
3 287
-
total
13 824
9 526
57 912
-
Employer
46 870
37 375
135 864
-
other
2 227
1 774
6 229
-
unemployment
1 406
1 121
3 287
-
health
1 771
1 413
4 142
-
surtax
185
185
185
-
accident
609
486
1 424
-
pensions
5 882
4 692
13 751
-
payroll
1 406
1 121
4 076
-
chamber of commerce
187
150
543
-
total
13 673
10 942
33 637
-
Corporate
108 957
121 182
132 304
-
income

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

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

27 240
30 295
33 075
-
total
27 240
30 295
33 075
-
Dividends
81 718
90 887
-
-
withholding
22 472
24 993
-
-
total
22 472
24 993
-
-
Income
169 500
169 500
169 500
169 500
Total tax
77 209
75 756
124 624
82 493
After tax
92 291
93 744
44 876
87 007
Living cost
33 047
33 047
33 047
33 047
Free-cash
59 244
60 697
11 829
53 960

Estimated living cost  is ₽33047 per week

₽22041
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2819
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.
₽7644
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽25239
₽60592
₽39317
₽46526
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
169 500
social contributions
-
-
-
23 383
communal

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

-
-
-
8 767
national
-
-
-
63 837
total
-
-
-
95 987
Employee

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

67 086
-
131 284
-
national
20 625
-
47 842
-
pensions

Reference earnings are 100% of the insured person's gross earnings for white-collar workers and 108% of the insured person's gross earnings for blue-collar workers.

5 031
-
9 846
-
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.

3 152
-
6 171
-
communal

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

3 499
-
6 847
-
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.

584
-
1 143
-
total
32 891
-
71 849
-
Employer

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

67 086
-
131 284
-
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.

979
-
1 917
-
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.

4 126
-
8 073
-
surtax
7 607
-
14 886
-
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.

872
-
1 707
-
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.

5 944
-
11 633
-
total
19 528
-
38 216
-
Corporate
82 886
169 500
-
-
surtax
331
678
-
-
income
16 577
33 900
-
-
total
16 908
34 578
-
-
Dividends
65 978
134 922
-
-
withholding

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

19 451
40 134
-
-
total
19 451
40 134
-
-
Income
169 500
169 500
169 500
169 500
Total tax
88 778
74 712
110 065
95 987
After tax
80 722
94 788
59 435
73 513
Living cost
34 196
34 196
34 196
34 196
Free-cash
46 526
60 592
25 239
39 317

Estimated living cost  is ₽34196 per week

₽22027
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2990
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽536
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8644
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽57271
₽79062
₽61206
₽72636
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
169 500
other
-
-
-
87
accident
-
-
-
783
income
-
-
-
48 345
pensions
-
-
-
24 600
unemployment
-
-
-
609
total
-
-
-
74 424
Employee
46 685
-
141 787
-
income
9 850
-
45 126
-
other
46
-
87
-
pensions
2 194
-
4 086
-
unemployment
724
-
1 347
-
total
12 814
-
50 646
-
Employer
46 685
-
141 787
-
other
372
-
696
-
unemployment
2 568
-
4 780
-
accident
924
-
1 721
-
pensions
11 017
-
20 516
-
total
14 881
-
27 713
-
Corporate
107 934
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.

16 191
25 424
-
-
total
16 191
25 424
-
-
Dividends
91 744
144 076
-
-
withholding
19 108
31 144
-
-
total
19 108
31 144
-
-
Income
169 500
169 500
169 500
169 500
Total tax
62 994
56 568
78 359
74 424
After tax
106 506
112 932
91 141
95 076
Living cost
33 870
33 870
33 870
33 870
Free-cash
72 636
79 062
57 271
61 206

Estimated living cost  is ₽33870 per week

₽24942
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2403
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽488
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6037
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽39110
₽47892
₽32354
₽35761
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
11 909
accident
-
-
-
1 429
income
-
-
-
28 319
pensions
-
-
-
25 406
communal
-
-
-
10 713
surtax
-
-
-
8 402
total
-
-
-
86 178
Employee
71 024
-
151 405
-
surtax
4 353
-
9 278
-
income
6 860
-
33 198
-
pensions
5 681
-
12 113
-
health
3 161
-
6 738
-
total
20 055
-
61 327
-
Employer
71 024
-
151 405
-
health
2 166
-
4 619
-
accident
639
-
1 363
-
pensions
5 681
-
12 113
-
total
8 486
-
18 095
-
Corporate
89 990
169 500
-
-
surtax
945
1 780
-
-
income
13 498
25 424
-
-
communal
6 074
11 440
-
-
total
20 517
38 644
-
-
Dividends
69 473
130 856
-
-
income
23 292
12 369
-
-
withholding
10 421
19 627
-
-
total
33 713
31 996
-
-
Income
169 500
169 500
169 500
169 500
Total tax
82 771
70 640
79 422
86 178
After tax
86 729
98 860
90 078
83 322
Living cost
50 968
50 968
50 968
50 968
Free-cash
35 761
47 892
39 110
32 354

Estimated living cost  is ₽50968 per week

₽38233
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3088
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽539
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9105
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽53353
₽85551
₽59088
₽82567
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
169 500
other
-
-
-
-
health
-
-
-
8 886
income
-
-
-
47 744
pensions
-
-
-
25 034
surtax
-
-
-
7 468
unemployment
-
-
-
214
total
-
-
-
89 346
Employee
31 584
-
143 152
-
surtax
112
-
6 347
-
income
5 295
-
42 135
-
other
-
-
-
-
pensions
2 107
-
8 349
-
health
806
-
3 191
-
unemployment
2 198
-
8 712
-
total
10 518
-
68 734
-
Employer
31 584
-
143 152
-
other
-
-
-
-
unemployment
1 002
-
3 967
-
health
1 436
-
5 695
-
pensions
4 211
-
16 685
-
total
6 649
-
26 347
-
Corporate
131 267
169 500
-
-
income
34 129
44 069
-
-
total
34 129
44 069
-
-
Dividends
97 137
125 431
-
-
withholding
14 571
18 814
-
-
total
14 571
18 814
-
-
Income
169 500
169 500
169 500
169 500
Total tax
65 867
62 883
95 081
89 346
After tax
103 633
106 617
74 419
80 154
Living cost
21 066
21 066
21 066
21 066
Free-cash
82 567
85 551
53 353
59 088

Estimated living cost  is ₽21066 per week

₽12718
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1831
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.
₽6028
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details

Source of data for Athens model

Close
Naples , Italy
₽47325
₽63828
₽54941
₽61747
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
169 500
social contributions
-
-
-
43 596
national
-
-
-
42 135
regional
-
-
-
2 557
municipal
-
-
-
1 007
total
-
-
-
89 295
Employee
52 025
-
169 500
-
social contributions
17 543
-
57 156
-
municipal
276
-
899
-
national
8 242
-
36 575
-
regional
700
-
2 281
-
total
26 761
-
96 911
-
Employer
52 025
-
169 500
-
total
-
-
-
-
Corporate
117 475
169 500
-
-
nationa
28 194
40 681
-
-
municipal
5 838
8 424
-
-
total
34 032
49 105
-
-
Dividends
83 444
120 396
-
-
withholding
21 696
31 303
-
-
total
21 696
31 303
-
-
Income
169 500
169 500
169 500
169 500
Total tax
82 489
80 408
96 911
89 295
After tax
87 011
89 092
72 589
80 205
Living cost
25 264
25 264
25 264
25 264
Free-cash
61 747
63 828
47 325
54 941

Estimated living cost  is ₽25264 per week

₽15712
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2559
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽432
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6560
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽60344
₽88215
₽67864
₽78052
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
169 500
social contributions
-
-
-
33 264
health
-
-
-
22 883
income
-
-
-
17 003
solidarity contribution
-
-
-
-
total
-
-
-
73 150
Employee
41 891
-
129 377
-
social contributions
2 723
-
7 405
-
solidarity contribution
-
-
-
-
income
5 027
-
15 676
-
health
5 655
-
17 466
-
total
13 405
-
40 547
-
Employer
41 891
-
129 377
-
health
3 770
-
11 644
-
social contributions
10 473
-
28 479
-
total
14 243
-
40 123
-
Corporate
113 366
169 500
-
-
income
21 540
32 205
-
-
total
21 540
32 205
-
-
Dividends
91 827
137 295
-
-
withholding
13 774
20 594
-
-
total
13 774
20 594
-
-
Income
169 500
169 500
169 500
169 500
Total tax
62 962
52 799
80 670
73 150
After tax
106 538
116 701
88 830
96 350
Living cost
28 486
28 486
28 486
28 486
Free-cash
78 052
88 215
60 344
67 864

Estimated living cost  is ₽28486 per week

₽21184
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1578
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽493
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5231
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽15002
₽63921
₽57271
₽63459
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
8 381
income
-
-
-
47 227
chamber of commerce
-
-
-
678
pensions
-
-
-
20 270
surtax
-
-
-
-
unemployment
-
-
-
5 752
total
-
-
-
82 308
Employee
40 997
37 375
136 035
-
income
3 652
2 757
38 151
-
other
409
374
1 096
-
pensions
4 199
3 827
11 220
-
health
1 586
1 447
4 239
-
unemployment
1 230
1 121
3 287
-
total
11 076
9 526
57 993
-
Employer
40 997
37 375
136 035
-
other
1 947
1 774
6 236
-
unemployment
1 230
1 121
3 287
-
health
1 550
1 413
4 142
-
surtax
-
-
-
-
accident
532
486
1 424
-
pensions
5 145
4 692
13 751
-
payroll
1 230
1 121
4 081
-
chamber of commerce
164
150
545
-
total
11 798
10 757
33 466
-
Corporate
116 705
121 368
132 475
-
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.

29 176
30 342
33 118
-
total
29 176
30 342
33 118
-
Dividends
87 529
91 026
-
-
withholding
24 070
25 033
-
-
total
24 070
25 033
-
-
Income
169 500
169 500
169 500
169 500
Total tax
76 120
75 658
124 577
82 308
After tax
93 380
93 842
44 923
87 192
Living cost
29 921
29 921
29 921
29 921
Free-cash
63 459
63 921
15 002
57 271

Estimated living cost  is ₽29921 per week

₽17949
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3056
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.
₽8383
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽123403
₽148828
₽155608
₽146542
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

We expect you will register a microenterprise to benefit from 1% tax rate. Otherwise you will be taxed at a personal income rate of 20%.

-
-
-
169 500
microenterprise

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

-
-
-
1 695
total
-
-
-
1 695
Employee
15 246
-
169 500
-
income
3 049
-
33 900
-
total
3 049
-
33 900
-
Employer
-
-
-
-
total
-
-
-
-
Corporate

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

154 254
169 500
-
-
total
-
-
-
-
Dividends
154 254
169 500
-
-
withholding
7 712
8 475
-
-
total
7 712
8 475
-
-
Income
169 500
169 500
169 500
169 500
Total tax
10 761
8 475
33 900
1 695
After tax
158 739
161 025
135 600
167 805
Living cost
12 197
12 197
12 197
12 197
Free-cash
146 542
148 828
123 403
155 608

Estimated living cost  is ₽12197 per week

₽8254
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽512
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.
₽3022
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽52923
₽91545
₽57411
₽83700
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
16 678
income
-
-
-
39 044
pensions
-
-
-
30 956
unemployment
-
-
-
255
total
-
-
-
86 933
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.

41 473
-
146 665
-
income
7 152
-
36 175
-
pensions
6 429
-
22 733
-
health
2 679
-
9 474
-
unemployment
59
-
205
-
total
16 319
-
68 587
-
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.

41 473
-
146 665
-
unemployment
25
-
87
-
health
2 762
-
9 767
-
pensions
3 670
-
12 980
-
total
6 457
-
22 834
-
Corporate
121 570
169 500
-
-
income
23 098
32 205
-
-
total
23 098
32 205
-
-
Dividends
98 472
137 295
-
-
withholding
14 770
20 594
-
-
total
14 770
20 594
-
-
Income
169 500
169 500
169 500
169 500
Total tax
60 644
52 799
91 421
86 933
After tax
108 856
116 701
78 079
82 567
Living cost
25 156
25 156
25 156
25 156
Free-cash
83 700
91 545
52 923
57 411

Estimated living cost  is ₽25156 per week

₽17264
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1612
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽488
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5793
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽114100
₽60668
₽74682
₽13864
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
169 500
social contributions
-
-
-
19 323
income
-
-
-
33 039
total
-
-
-
52 362
Employee
60 876
-
-
-
social contributions
4 992
-
711
-
income
13 428
-
-
-
total
18 420
-
711
-
Employer
60 876
-
-
-
social contributions
85 835
-
12 233
-
total
85 835
-
12 233
-
Corporate
22 789
169 500
-
-
income
5 014
37 290
-
-
total
5 014
37 290
-
-
Dividends
17 775
132 210
-
-
income
3 911
29 086
-
-
total
3 911
29 086
-
-
Income
169 500
169 500
169 500
169 500
Total tax
113 180
66 376
12 944
52 362
After tax
56 320
103 124
156 556
117 138
Living cost
42 456
42 456
42 456
42 456
Free-cash
13 864
60 668
114 100
74 682

Estimated living cost  is ₽42456 per week

₽27547
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3993
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽541
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10375
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽48230
₽66993
₽61082
₽66050
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

Based on articles 30.º, 31.º and 151.º of CIRS, sole-trader can use 75% of income as a tax base when earnings are below €200,000 per annum.

-
-
-
169 500
social contributions

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

-
-
-
58 902
income
-
-
-
20 098
surtax
-
-
-
-
total
-
-
-
79 000
Employee
43 135
-
136 969
-
surtax
-
-
-
-
social contributions
4 745
-
15 066
-
income
8 972
-
44 255
-
total
13 717
-
59 321
-
Employer
43 135
-
136 969
-
social contributions
10 244
-
32 531
-
total
10 244
-
32 531
-
Corporate
116 121
169 500
-
-
surtax
-
-
-
-
income
24 385
35 596
-
-
total
24 385
35 596
-
-
Dividends
91 736
133 904
-
-
withholding
25 686
37 493
-
-
total
25 686
37 493
-
-
Income
169 500
169 500
169 500
169 500
Total tax
74 032
73 089
91 852
79 000
After tax
95 468
96 411
77 648
90 500
Living cost
29 418
29 418
29 418
29 418
Free-cash
66 050
66 993
48 230
61 082

Estimated living cost  is ₽29418 per week

₽22011
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1735
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽491
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5181
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽47349
₽40130
₽50151
₽46578
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
169 500
other
-
-
-
5 254
social contributions
-
-
-
4 830
health
-
-
-
7 302
income
-
-
-
26 851
pensions
-
-
-
29 814
surtax
-
-
-
-
total
-
-
-
74 051
Employee
58 741
-
131 103
-
surtax
-
-
-
-
social contributions
1 673
-
3 736
-
income
5 125
-
25 570
-
pensions
6 644
-
9 150
-
total
13 442
-
38 456
-
Employer
58 741
-
131 103
-
other
2 027
-
5 128
-
unemployment
2 380
-
5 309
-
health
4 111
-
12 169
-
pensions
9 652
-
15 398
-
social contributions
176
-
393
-
total
18 346
-
38 397
-
Corporate
92 413
169 500
-
-
surtax
-
-
-
-
income
25 876
47 460
-
-
total
25 876
47 460
-
-
Dividends
66 537
122 040
-
-
social contributions
11 444
20 991
-
-
surtax
-
-
-
-
withholding
8 516
15 621
-
-
total
19 960
36 612
-
-
Income
169 500
169 500
169 500
169 500
Total tax
77 624
84 072
76 853
74 051
After tax
91 876
85 428
92 647
95 449
Living cost
45 298
45 298
45 298
45 298
Free-cash
46 578
40 130
47 349
50 151

Estimated living cost  is ₽45298 per week

₽30657
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3706
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽621
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10314
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽100994
₽124357
₽96493
₽121206
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
7 525
social contributions
-
-
-
37 290
total
-
-
-
44 815
Employee
30 152
-
146 753
-
income
-
-
8 027
-
social contributions
1 960
-
9 540
-
total
1 960
-
17 567
-
Employer
30 152
-
146 753
-
social contributions
4 674
-
22 747
-
total
4 674
-
22 747
-
Corporate
134 675
169 500
-
-
income
13 468
16 951
-
-
total
13 468
16 951
-
-
Dividends
121 207
152 549
-
-
total
-
-
-
-
Income
169 500
169 500
169 500
169 500
Total tax
20 102
16 951
40 314
44 815
After tax
149 398
152 549
129 186
124 685
Living cost
28 192
28 192
28 192
28 192
Free-cash
121 206
124 357
100 994
96 493

Estimated living cost  is ₽28192 per week

₽18229
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2125
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽530
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽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 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
-₽34504
-₽34504
₽54610
-₽34504
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
labour market
-
-
-
13 495
pensions
-
-
-
812
national
-
-
-
20 047
municipal
-
-
-
35 443
total
-
-
-
69 797
Employee
190 328
190 328
190 328
-
labour market
15 205
15 205
15 205
-
municipal
40 529
40 529
40 529
-
national
23 252
23 252
23 252
-
pensions
271
271
271
-
total
79 257
79 257
79 257
-
Employer
190 328
190 328
190 328
-
national
23 293
23 293
23 293
-
labour market
15 226
15 226
15 226
-
pensions
541
541
541
-
municipal
40 594
40 594
40 594
-
total
79 654
79 654
79 654
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
169 500
169 500
169 500
169 500
Total tax
158 911
158 911
158 911
69 797
After tax
10 589
10 589
10 589
99 703
Living cost
45 093
45 093
45 093
45 093
Free-cash
-34 504
-34 504
-34 504
54 610

Estimated living cost  is ₽45093 per week

₽30862
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3989
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽693
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9548
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽71712
-₽6738
₽95392
₽10589
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
169 500
other
-
-
-
350
health
-
-
-
2 059
accident
-
-
-
238
income
-
-
-
47 064
pensions
-
-
-
3 929
total
-
-
-
53 640
Employee
32 197
-
152 801
-
income
4 417
-
35 921
-
pensions
3 626
-
7 204
-
health
3 687
-
17 496
-
total
11 730
-
60 621
-
Employer
32 197
-
152 801
-
unemployment
789
-
3 744
-
accident
538
-
2 552
-
pensions
5 235
-
10 403
-
total
6 562
-
16 699
-
Corporate
130 741
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.

117 667
152 550
-
-
total
117 667
152 550
-
-
Dividends
13 074
16 950
-
-
withholding
2 484
3 220
-
-
total
2 484
3 220
-
-
Income
169 500
169 500
169 500
169 500
Total tax
138 443
155 770
77 320
53 640
After tax
31 057
13 730
92 180
115 860
Living cost
20 468
20 468
20 468
20 468
Free-cash
10 589
-6 738
71 712
95 392

Estimated living cost  is ₽20468 per week

₽14898
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1167
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽384
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4018
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽52639
₽69937
₽72696
₽72401
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
2 219
national
-
-
-
28 468
municipal
-
-
-
30 110
total
-
-
-
60 797
Employee
49 343
-
142 591
-
municipal
8 082
-
23 224
-
national
815
-
17 155
-
pensions
3 330
-
9 625
-
health
368
-
1 805
-
unemployment
740
-
2 139
-
total
13 335
-
53 948
-
Employer
49 343
-
142 591
-
unemployment
320
-
927
-
health
379
-
1 098
-
accident
50
-
142
-
pensions
8 561
-
24 739
-
total
9 310
-
26 906
-
Corporate
110 847
169 500
-
-
income
22 169
33 900
-
-
total
22 169
33 900
-
-
Dividends

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

66 508
101 700
-
-
national
4 307
11 349
-
-
municipal
11 971
18 307
-
-
total
16 278
29 656
-
-
Income
169 500
169 500
169 500
169 500
Total tax
61 092
63 556
80 854
60 797
After tax
108 408
105 944
88 646
108 703
Living cost
36 007
36 007
36 007
36 007
Free-cash
72 401
69 937
52 639
72 696

Estimated living cost  is ₽36007 per week

₽23520
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3463
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽573
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8452
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽92446
₽101926
₽93925
₽96820
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
169 500
social contributions
-
-
-
15 174
health
-
-
-
4 323
income
-
-
-
34 364
total
-
-
-
53 861
Employee
72 118
72 118
158 496
-
social contributions
2 727
5 985
8 073
-
income
7 852
6 676
33 568
-
health
559
1 226
2 695
-
total
11 138
13 887
44 336
-
Employer
72 118
72 118
158 496
-
health
607
1 335
2 931
-
social contributions
2 727
5 985
8 073
-
total
3 334
7 320
11 004
-
Corporate
133 314
90 062
-
-
income
16 664
11 257
-
-
total
16 664
11 257
-
-
Dividends
116 650
78 805
-
-
withholding
19 830
13 396
-
-
total
19 830
13 396
-
-
Income
169 500
169 500
169 500
169 500
Total tax
50 966
45 860
55 340
53 861
After tax
118 534
123 640
114 160
115 639
Living cost
21 714
21 714
21 714
21 714
Free-cash
96 820
101 926
92 446
93 925

Estimated living cost  is ₽21714 per week

₽13014
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2130
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽481
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6090
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽109130
₽125472
₽127940
₽120699
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
3 394
income
-
-
-
17 282
pensions
-
-
-
5 966
unemployment
-
-
-
27
total
-
-
-
26 669
Employee

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

21 527
-
160 334
-
income
1 472
-
14 956
-
pensions
3 229
-
13 348
-
health
1 830
-
7 564
-
unemployment
107
-
445
-
total
6 638
-
36 313
-
Employer

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

21 527
-
160 334
-
unemployment
107
-
445
-
health
925
-
3 827
-
pensions
1 184
-
4 894
-
total
2 216
-
9 166
-
Corporate
145 757
169 500
-
-
income
13 119
15 255
-
-
total
13 119
15 255
-
-
Dividends
132 638
154 245
-
-
withholding
11 937
13 882
-
-
total
11 937
13 882
-
-
Income
169 500
169 500
169 500
169 500
Total tax
33 910
29 137
45 479
26 669
After tax
135 590
140 363
124 021
142 831
Living cost
14 890
14 890
14 890
14 890
Free-cash
120 699
125 472
109 130
127 940

Estimated living cost  is ₽14890 per week

₽9500
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1073
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽443
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3873
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽65351
₽87142
₽69286
₽82999
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
169 500
other
-
-
-
87
accident
-
-
-
783
income
-
-
-
48 345
pensions
-
-
-
24 600
unemployment
-
-
-
609
total
-
-
-
74 424
Employee
34 679
-
141 787
-
income
6 686
-
45 126
-
other
34
-
87
-
pensions
1 630
-
4 086
-
unemployment
537
-
1 347
-
total
8 887
-
50 646
-
Employer
34 679
-
141 787
-
other
278
-
696
-
unemployment
1 908
-
4 780
-
accident
687
-
1 721
-
pensions
8 183
-
20 516
-
total
11 056
-
27 713
-
Corporate
123 765
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.

18 565
25 424
-
-
total
18 565
25 424
-
-
Dividends
105 201
144 076
-
-
withholding
22 203
31 144
-
-
total
22 203
31 144
-
-
Income
169 500
169 500
169 500
169 500
Total tax
60 711
56 568
78 359
74 424
After tax
108 789
112 932
91 141
95 076
Living cost
25 790
25 790
25 790
25 790
Free-cash
82 999
87 142
65 351
69 286

Estimated living cost  is ₽25790 per week

₽17408
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2479
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽452
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5451
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽107303
₽104036
₽107426
₽103752
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
916
income
-
-
-
58 163
pensions
-
-
-
1 263
total
-
-
-
60 342
Employee
2 638
-
168 079
-
income
510
-
58 097
-
pensions
237
-
568
-
health
132
-
316
-
unemployment
26
-
63
-
total
905
-
59 044
-
Employer
2 638
-
168 079
-
unemployment
53
-
126
-
health
251
-
600
-
pensions
290
-
695
-
total
594
-
1 421
-
Corporate
166 269
169 500
-
-
income
36 579
37 290
-
-
total
36 579
37 290
-
-
Dividends
129 689
132 210
-
-
withholding
25 938
26 442
-
-
total
25 938
26 442
-
-
Income
169 500
169 500
169 500
169 500
Total tax
64 016
63 732
60 465
60 342
After tax
105 484
105 768
109 035
109 158
Living cost
1 732
1 732
1 732
1 732
Free-cash
103 752
104 036
107 303
107 426

Estimated living cost  is ₽1732 per week

₽1029
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽140
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽40
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽523
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽88671
₽106264
₽88671
₽101656
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
7 130
income
-
-
-
38 462
pensions
-
-
-
17 999
unemployment
-
-
-
1 038
total
-
-
-
64 629
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.

24 428
-
157 108
-
income
3 367
-
38 462
-
pensions
3 420
-
9 692
-
health
1 258
-
3 565
-
unemployment
183
-
519
-
total
8 228
-
52 238
-
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.

24 428
-
157 108
-
unemployment
183
-
519
-
health
1 258
-
3 565
-
pensions
2 931
-
8 307
-
total
4 372
-
12 391
-
Corporate
140 699
169 500
-
-
income
21 105
25 425
-
-
total
21 105
25 425
-
-
Dividends
119 594
144 075
-
-
withholding
17 939
21 611
-
-
total
17 939
21 611
-
-
Income
169 500
169 500
169 500
169 500
Total tax
51 644
47 036
64 629
64 629
After tax
117 856
122 464
104 871
104 871
Living cost
16 200
16 200
16 200
16 200
Free-cash
101 656
106 264
88 671
88 671

Estimated living cost  is ₽16200 per week

₽10907
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1253
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽469
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3571
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽52364
₽71127
₽65216
₽70789
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

Based on articles 30.º, 31.º and 151.º of CIRS, sole-trader can use 75% of income as a tax base when earnings are below €200,000 per annum.

-
-
-
169 500
social contributions

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

-
-
-
58 902
income
-
-
-
20 098
surtax
-
-
-
-
total
-
-
-
79 000
Employee
36 401
-
136 969
-
surtax
-
-
-
-
social contributions
4 005
-
15 066
-
income
7 112
-
44 255
-
total
11 117
-
59 321
-
Employer
36 401
-
136 969
-
social contributions
8 644
-
32 531
-
total
8 644
-
32 531
-
Corporate
124 455
169 500
-
-
surtax
-
-
-
-
income
26 136
35 596
-
-
total
26 136
35 596
-
-
Dividends
98 319
133 904
-
-
withholding
27 530
37 493
-
-
total
27 530
37 493
-
-
Income
169 500
169 500
169 500
169 500
Total tax
73 427
73 089
91 852
79 000
After tax
96 073
96 411
77 648
90 500
Living cost
25 284
25 284
25 284
25 284
Free-cash
70 789
71 127
52 364
65 216

Estimated living cost  is ₽25284 per week

₽17908
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1757
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.
₽5172
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽58180
₽79971
₽62115
₽73834
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
169 500
other
-
-
-
87
accident
-
-
-
783
income
-
-
-
48 345
pensions
-
-
-
24 600
unemployment
-
-
-
609
total
-
-
-
74 424
Employee
45 295
-
141 787
-
income
9 460
-
45 126
-
other
44
-
87
-
pensions
2 129
-
4 086
-
unemployment
701
-
1 347
-
total
12 334
-
50 646
-
Employer
45 295
-
141 787
-
other
363
-
696
-
unemployment
2 492
-
4 780
-
accident
897
-
1 721
-
pensions
10 689
-
20 516
-
total
14 441
-
27 713
-
Corporate
109 764
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.

16 465
25 424
-
-
total
16 465
25 424
-
-
Dividends
93 299
144 076
-
-
withholding
19 465
31 144
-
-
total
19 465
31 144
-
-
Income
169 500
169 500
169 500
169 500
Total tax
62 705
56 568
78 359
74 424
After tax
106 795
112 932
91 141
95 076
Living cost
32 961
32 961
32 961
32 961
Free-cash
73 834
79 971
58 180
62 115

Estimated living cost  is ₽32961 per week

₽23671
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2563
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.
₽6263
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽126120
₽128929
₽119411
₽123263
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
3 735
income
-
-
-
25 425
pensions

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

-
-
-
4 806
unemployment
-
-
-
130
total
-
-
-
34 096
Employee
21 177
-
163 129
-
income
2 118
-
16 313
-
accident

We are using the highest rate at 1.1%.

233
-
357
-
pensions

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

1 859
-
2 851
-
health
974
-
1 494
-
total
5 184
-
21 015
-
Employer
21 177
-
163 129
-
unemployment
127
-
195
-
health
1 461
-
2 241
-
accident

We are using the highest rate at 1.1%.

233
-
357
-
pensions

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

2 334
-
3 579
-
total
4 155
-
6 372
-
Corporate
144 168
169 500
-
-
income
14 417
16 950
-
-
total
14 417
16 950
-
-
Dividends
129 751
152 550
-
-
withholding
6 488
7 628
-
-
total
6 488
7 628
-
-
Income
169 500
169 500
169 500
169 500
Total tax
30 244
24 578
27 387
34 096
After tax
139 256
144 922
142 113
135 404
Living cost
15 993
15 993
15 993
15 993
Free-cash
123 263
128 929
126 120
119 411

Estimated living cost  is ₽15993 per week

₽10578
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽916
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽382
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4119
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽71106
₽51016
₽53039
₽63287
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
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.

-
-
-
6 407
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.

-
-
-
52 870
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.

-
-
-
2 908
trade
-
-
-
18 067
total
-
-
-
80 252
Employee

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

46 665
-
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.

212
-
2 908
-
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.

3 837
-
52 870
-
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.

6 407
-
6 407
-
total
10 456
-
62 185
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
122 835
169 500
-
-
chamber of commerce
322
392
-
-
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.

1 013
1 399
-
-
trade
17 627
24 323
-
-
income
18 426
25 424
-
-
total
37 388
51 538
-
-
Dividends
85 447
117 963
-
-
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.

1 155
1 602
-
-
withholding
21 005
29 135
-
-
total
22 160
30 737
-
-
Income
169 500
169 500
169 500
169 500
Total tax
70 004
82 275
62 185
80 252
After tax
99 496
87 225
107 315
89 248
Living cost
36 209
36 209
36 209
36 209
Free-cash
63 287
51 016
71 106
53 039

Estimated living cost  is ₽36209 per week

₽24977
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3896
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽525
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6809
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽35398
₽65225
₽35398
₽67296
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
52 299
social contributions
-
-
-
28 378
total
-
-
-
80 677
Employee
73 362
-
169 500
-
income
13 843
-
52 299
-
social contributions
6 095
-
28 378
-
total
19 938
-
80 677
-
Employer
73 362
-
169 500
-
total
-
-
-
-
Corporate
96 138
169 500
-
-
income
12 017
21 188
-
-
total
12 017
21 188
-
-
Dividends
84 121
148 312
-
-
withholding
16 824
29 662
-
-
total
16 824
29 662
-
-
Income
169 500
169 500
169 500
169 500
Total tax
48 779
50 850
80 677
80 677
After tax
120 721
118 650
88 823
88 823
Living cost
53 425
53 425
53 425
53 425
Free-cash
67 296
65 225
35 398
35 398

Estimated living cost  is ₽53425 per week

₽40645
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4353
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽511
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7916
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽86211
₽71174
₽102958
₽74452
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
income
-
-
-
26 697
health

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

-
-
-
5 800
total
-
-
-
32 497
Employee
43 024
-
165 186
-
income
4 668
-
40 616
-
social contributions
4 311
-
4 314
-
total
8 979
-
44 930
-
Employer
43 024
-
165 186
-
social contributions
4 311
-
4 314
-
total
4 311
-
4 314
-
Corporate
122 165
169 500
-
-
income
42 758
59 326
-
-
total
42 758
59 326
-
-
Dividends
79 408
110 174
-
-
social contributions
4 955
4 955
-
-
total
4 955
4 955
-
-
Income
169 500
169 500
169 500
169 500
Total tax
61 003
64 281
49 244
32 497
After tax
108 497
105 219
120 256
137 003
Living cost
34 045
34 045
34 045
34 045
Free-cash
74 452
71 174
86 211
102 958

Estimated living cost  is ₽34045 per week

₽22425
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2684
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽521
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8413
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽62195
₽75852
₽77504
₽81342
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
49 104
pensions
-
-
-
8 464
total
-
-
-
57 568
Employee
47 257
-
148 010
-
income
8 606
-
38 900
-
health
616
-
2 121
-
pensions
3 607
-
10 366
-
total
12 829
-
51 387
-
Employer
47 257
-
148 010
-
health
898
-
2 813
-
pensions
4 774
-
18 677
-
total
5 672
-
21 490
-
Corporate
116 570
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.

22 148
32 205
-
-
total
22 148
32 205
-
-
Dividends
94 423
137 295
-
-
withholding
13 081
27 015
-
-
total
13 081
27 015
-
-
Income
169 500
169 500
169 500
169 500
Total tax
53 730
59 220
72 877
57 568
After tax
115 770
110 280
96 623
111 932
Living cost
34 428
34 428
34 428
34 428
Free-cash
81 342
75 852
62 195
77 504

Estimated living cost  is ₽34428 per week

₽23617
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3166
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽431
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7212
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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

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Warsaw , Poland
₽69686
-₽8764
₽93366
₽10281
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
169 500
other
-
-
-
350
health
-
-
-
2 059
accident
-
-
-
238
income
-
-
-
47 064
pensions
-
-
-
3 929
total
-
-
-
53 640
Employee
35 384
-
152 801
-
income
4 854
-
35 921
-
pensions
3 984
-
7 204
-
health
4 051
-
17 496
-
total
12 889
-
60 621
-
Employer
35 384
-
152 801
-
unemployment
867
-
3 744
-
accident
591
-
2 552
-
pensions
5 753
-
10 403
-
total
7 211
-
16 699
-
Corporate
126 905
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.

114 214
152 550
-
-
total
114 214
152 550
-
-
Dividends
12 691
16 950
-
-
withholding
2 411
3 220
-
-
total
2 411
3 220
-
-
Income
169 500
169 500
169 500
169 500
Total tax
136 725
155 770
77 320
53 640
After tax
32 775
13 730
92 180
115 860
Living cost
22 494
22 494
22 494
22 494
Free-cash
10 281
-8 764
69 686
93 366

Estimated living cost  is ₽22494 per week

₽16508
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1311
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽453
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4222
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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

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Skopje , Macedonia
₽108214
₽129973
₽87601
₽125588
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
income
-
-
-
28 013
health insurance
-
-
-
11 093
work injury
-
-
-
750
pensions
-
-
-
27 583
unemployment
-
-
-
1 799
total
-
-
-
69 238
Employee

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

20 258
-
169 500
-
income
2 026
-
28 013
-
work injury
101
-
375
-
health insurance
1 499
-
5 547
-
pensions
3 728
-
13 791
-
unemployment
243
-
899
-
total
7 597
-
48 625
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
149 242
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%.

1 492
1 695
-
-
total
1 492
1 695
-
-
Dividends
147 749
167 805
-
-
withholding
22 162
25 171
-
-
total
22 162
25 171
-
-
Income
169 500
169 500
169 500
169 500
Total tax
31 251
26 866
48 625
69 238
After tax
138 249
142 634
120 875
100 262
Living cost
12 661
12 661
12 661
12 661
Free-cash
125 588
129 973
108 214
87 601

Estimated living cost  is ₽12661 per week

₽7844
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽920
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽395
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3502
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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

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Rome , Italy
₽33948
₽51919
₽41387
₽47654
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
169 500
social contributions
-
-
-
43 596
national
-
-
-
42 135
regional
-
-
-
3 886
municipal
-
-
-
1 134
total
-
-
-
90 751
Employee
79 031
-
169 500
-
social contributions
26 649
-
57 156
-
municipal
472
-
1 011
-
national
13 355
-
36 575
-
regional
1 193
-
3 448
-
total
41 669
-
98 190
-
Employer
79 031
-
169 500
-
total
-
-
-
-
Corporate
90 469
169 500
-
-
nationa
21 713
40 681
-
-
municipal
4 360
8 169
-
-
total
26 073
48 850
-
-
Dividends
64 395
120 650
-
-
withholding
16 742
31 369
-
-
total
16 742
31 369
-
-
Income
169 500
169 500
169 500
169 500
Total tax
84 484
80 219
98 190
90 751
After tax
85 016
89 281
71 310
78 749
Living cost
37 362
37 362
37 362
37 362
Free-cash
47 654
51 919
33 948
41 387

Estimated living cost  is ₽37362 per week

₽26245
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2570
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽564
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7982
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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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