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
₽55380
₽77973
₽58558
₽66377
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
income

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

-
-
-
51 765
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.

-
-
-
2 848
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.

-
-
-
6 794
trade
-
-
-
19 415
total
-
-
-
80 822
Employee

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

38 035
-
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.

59
-
2 848
-
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.

1 062
-
51 765
-
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.

6 794
-
6 794
-
total
7 915
-
61 407
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
131 465
169 500
-
-
income
19 720
25 425
-
-
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.

1 085
1 398
-
-
chamber of commerce
340
394
-
-
trade
20 705
26 697
-
-
total
41 850
53 914
-
-
Dividends
89 615
115 585
-
-
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.

1 212
1 568
-
-
withholding
22 026
28 518
-
-
total
23 238
30 086
-
-
Income
169 500
169 500
169 500
169 500
Total tax
73 003
84 000
61 407
80 822
After tax
96 497
85 500
108 093
88 678
Living cost
30 120
30 120
30 120
30 120
Free-cash
66 377
55 380
77 973
58 558

Estimated living cost  is ₽30120 per week

₽18947
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3512
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽562
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7099
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽53104
₽48906
₽47575
₽52227
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
municipal
-
-
-
18 473
national
-
-
-
28 626
pensions
-
-
-
20 340
total
-
-
-
69 261
Employee
81 639
-
146 531
-
municipal
10 084
-
19 129
-
pensions
3 266
-
5 861
-
national
15 626
-
29 642
-
total
28 976
-
54 632
-
Employer
81 639
-
146 531
-
pensions
6 531
-
11 723
-
social contributions
878
-
1 575
-
total
7 409
-
13 298
-
Corporate
75 064
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%.

15 013
33 900
-
-
total
15 013
33 900
-
-
Dividends
60 051
135 600
-
-
withholding
13 211
29 832
-
-
total
13 211
29 832
-
-
Income
169 500
169 500
169 500
169 500
Total tax
64 609
63 732
67 930
69 261
After tax
104 891
105 768
101 570
100 239
Living cost
52 664
52 664
52 664
52 664
Free-cash
52 227
53 104
48 906
47 575

Estimated living cost  is ₽52664 per week

₽35795
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4896
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽788
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽11185
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽114912
₽49769
₽37316
₽106754
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
income
-
-
-
30 173
surtax
-
-
-
43 222
social contributions

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

-
-
-
38 101
microenterprise
-
-
-
-
total
-
-
-
111 496
Employee
29 058
-
126 981
-
surtax
-
-
18 413
-
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.

3 197
-
13 036
-
income
5 173
-
25 076
-
total
8 370
-
56 525
-
Employer
29 058
-
126 981
-
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.

6 999
-
28 550
-
surtax
-
-
13 968
-
total
6 999
-
42 518
-
Corporate
133 443
169 500
-
-
income

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

26 689
33 900
-
-
total
26 689
33 900
-
-
Dividends

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

106 754
135 600
-
-
total
-
-
-
-
Income
169 500
169 500
169 500
169 500
Total tax
42 058
33 900
99 043
111 496
After tax
127 442
135 600
70 457
58 004
Living cost
20 688
20 688
20 688
20 688
Free-cash
106 754
114 912
49 769
37 316

Estimated living cost  is ₽20688 per week

₽13198
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1970
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽470
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5050
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽42175
₽63626
₽52315
₽36084
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
51 614
health
-
-
-
12 262
pensions
-
-
-
11 651
total
-
-
-
75 527
Employee
84 920
84 920
151 019
-
pensions
15 286
11 651
11 651
-
income

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

13 900
13 900
21 822
-
health
13 034
11 087
12 262
-
total
42 220
36 638
45 735
-
Employer
84 920
84 920
151 019
-
health
5 903
5 903
7 335
-
pensions
5 910
5 910
7 347
-
unemployment
3 057
3 057
3 799
-
total
14 870
14 870
18 481
-
Corporate
70 751
69 709
-
-
income
14 150
13 942
-
-
total
14 150
13 942
-
-
Dividends
56 602
55 767
-
-
income
12 028
11 851
-
-
withholding
8 490
8 366
-
-
total
20 518
20 217
-
-
Income
169 500
169 500
169 500
169 500
Total tax
91 758
85 667
64 216
75 527
After tax
77 742
83 833
105 284
93 973
Living cost
41 658
41 658
41 658
41 658
Free-cash
36 084
42 175
63 626
52 315

Estimated living cost  is ₽41658 per week

₽29522
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3755
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽662
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7718
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽51921
₽46034
₽47019
₽51009
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
169 500
accident
-
-
-
178
other
-
-
-
10 346
unemployment
-
-
-
89
health
-
-
-
5 556
municipal
-
-
-
42 853
national
-
-
-
13 208
pensions
-
-
-
9 625
total
-
-
-
81 855
Employee
57 889
-
141 524
-
municipal
17 262
-
42 202
-
national
-
-
12 662
-
total
17 262
-
54 864
-
Employer
57 889
-
141 524
-
health
3 560
-
5 476
-
pensions
6 258
-
9 625
-
accident
116
-
178
-
unemployment
1 528
-
2 351
-
other
6 727
-
10 346
-
total
18 189
-
27 976
-
Corporate
93 423
169 500
-
-
income
20 553
37 290
-
-
total
20 553
37 290
-
-
Dividends
72 870
132 210
-
-
withholding
21 861
39 663
-
-
total
21 861
39 663
-
-
Income
169 500
169 500
169 500
169 500
Total tax
77 865
76 953
82 840
81 855
After tax
91 635
92 547
86 660
87 645
Living cost
40 626
40 626
40 626
40 626
Free-cash
51 009
51 921
46 034
47 019

Estimated living cost  is ₽40626 per week

₽26926
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3987
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽617
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9097
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽45562
₽69028
₽48751
₽59536
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
income

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

-
-
-
51 765
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.

-
-
-
2 848
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.

-
-
-
6 794
trade
-
-
-
20 277
total
-
-
-
81 684
Employee

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

50 429
-
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.

238
-
2 848
-
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.

4 333
-
51 765
-
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.

6 794
-
6 794
-
total
11 365
-
61 407
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
119 071
169 500
-
-
income
17 860
25 425
-
-
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.

983
1 398
-
-
chamber of commerce
321
393
-
-
trade
19 586
27 882
-
-
total
38 750
55 098
-
-
Dividends
80 321
114 402
-
-
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.

1 083
1 553
-
-
withholding
19 701
28 222
-
-
total
20 784
29 775
-
-
Income
169 500
169 500
169 500
169 500
Total tax
70 899
84 873
61 407
81 684
After tax
98 601
84 627
108 093
87 816
Living cost
39 065
39 065
39 065
39 065
Free-cash
59 536
45 562
69 028
48 751

Estimated living cost  is ₽39065 per week

₽26127
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4120
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽583
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8235
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽91419
₽82379
₽83884
₽87291
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
32 951
social contributions
-
-
-
16 090
health
-
-
-
4 321
total
-
-
-
53 362
Employee
76 467
76 467
158 017
-
social contributions
3 716
6 346
8 560
-
income
8 030
7 079
32 139
-
health
761
1 300
2 685
-
total
12 507
14 725
43 384
-
Employer
76 467
76 467
158 017
-
health
828
1 415
2 923
-
social contributions
3 716
6 346
8 560
-
total
4 544
7 761
11 483
-
Corporate
120 196
85 272
-
-
income
15 025
10 658
-
-
total
15 025
10 658
-
-
Dividends
105 170
74 613
-
-
withholding
17 879
12 683
-
-
total
17 879
12 683
-
-
Income
169 500
169 500
169 500
169 500
Total tax
49 955
45 827
54 867
53 362
After tax
119 545
123 673
114 633
116 138
Living cost
32 254
32 254
32 254
32 254
Free-cash
87 291
91 419
82 379
83 884

Estimated living cost  is ₽32254 per week

₽22049
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2519
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽542
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7145
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽76952
₽79981
₽99142
₽77333
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
20 721
unemployment
-
-
-
2 543
health
-
-
-
11 865
pensions
-
-
-
16 950
total
-
-
-
52 079
Employee

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

The minimum wage is 138,000 HUF per month.

26 386
10 501
141 841
-
unemployment
396
158
2 128
-
pensions
2 639
1 050
14 184
-
income
3 226
1 284
17 340
-
health
1 847
735
9 929
-
total
8 108
3 227
43 581
-
Employer

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

The minimum wage is 138,000 HUF per month.

26 386
10 501
141 841
-
pensions
5 145
2 048
27 659
-
total
5 145
2 048
27 659
-
Corporate
137 968
156 951
-
-
income
12 417
14 126
-
-
total
12 417
14 126
-
-
Dividends
125 551
142 825
-
-
social contributions
24 363
27 731
-
-
withholding
23 855
27 137
-
-
total
48 218
54 868
-
-
Income
169 500
169 500
169 500
169 500
Total tax
73 888
74 269
71 240
52 079
After tax
95 612
95 231
98 260
117 421
Living cost
18 279
18 279
18 279
18 279
Free-cash
77 333
76 952
79 981
99 142

Estimated living cost  is ₽18279 per week

₽12474
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1496
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽365
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3944
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽111581
₽73677
₽66832
₽105403
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
169 500
income
-
-
-
22 713
health
-
-
-
22 036
pensions
-
-
-
33 900
total
-
-
-
78 649
Employee
28 210
-
126 681
-
unemployment
451
-
2 027
-
pensions
564
-
2 534
-
income
3 176
-
24 425
-
total
4 191
-
28 986
-
Employer
28 210
-
126 681
-
health
3 667
-
16 469
-
pensions
5 642
-
25 336
-
unemployment
226
-
1 013
-
total
9 535
-
42 818
-
Corporate
131 754
169 500
-
-
income
26 352
33 900
-
-
total
26 352
33 900
-
-
Dividends
105 402
135 600
-
-
total
-
-
-
-
Income
169 500
169 500
169 500
169 500
Total tax
40 078
33 900
71 804
78 649
After tax
129 422
135 600
97 696
90 851
Living cost
24 019
24 019
24 019
24 019
Free-cash
105 403
111 581
73 677
66 832

Estimated living cost  is ₽24019 per week

₽16475
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1430
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽483
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5631
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽8387
₽69687
₽93782
₽10338
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
169 500
accident
-
-
-
254
income
-
-
-
46 600
other
-
-
-
373
health
-
-
-
2 192
pensions
-
-
-
4 183
total
-
-
-
53 602
Employee
34 790
-
152 156
-
pensions
3 917
-
7 670
-
income
4 773
-
35 261
-
health
3 983
-
17 422
-
total
12 673
-
60 353
-
Employer
34 790
-
152 156
-
pensions
5 657
-
11 075
-
accident
581
-
2 541
-
unemployment
852
-
3 728
-
total
7 090
-
17 344
-
Corporate
127 620
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.

114 858
152 550
-
-
total
114 858
152 550
-
-
Dividends
12 762
16 950
-
-
withholding
2 425
3 221
-
-
total
2 425
3 221
-
-
Income
169 500
169 500
169 500
169 500
Total tax
137 046
155 771
77 697
53 602
After tax
32 454
13 729
91 803
115 898
Living cost
22 116
22 116
22 116
22 116
Free-cash
10 338
-8 387
69 687
93 782

Estimated living cost  is ₽22116 per week

₽16209
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1225
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽462
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4220
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽152956
₽127531
₽159736
₽151443
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
169 500
microenterprise

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

-
-
-
1 695
total
-
-
-
1 695
Employee
10 085
-
169 500
-
income
2 017
-
33 900
-
total
2 017
-
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%.

159 415
169 500
-
-
total
-
-
-
-
Dividends
159 415
169 500
-
-
withholding
7 971
8 475
-
-
total
7 971
8 475
-
-
Income
169 500
169 500
169 500
169 500
Total tax
9 988
8 475
33 900
1 695
After tax
159 512
161 025
135 600
167 805
Living cost
8 069
8 069
8 069
8 069
Free-cash
151 443
152 956
127 531
159 736

Estimated living cost  is ₽8069 per week

₽5000
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽671
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽222
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2176
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽98035
₽69706
₽67239
₽91318
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
25 635
other
-
-
-
7 182
health
-
-
-
6 654
pensions

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

-
-
-
36 293
total
-
-
-
75 764
Employee
36 107
-
135 385
-
unemployment
360
-
1 353
-
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.

2 527
-
9 477
-
income
6 216
-
26 457
-
health
506
-
1 895
-
total
9 609
-
39 182
-
Employer
36 107
-
135 385
-
health
506
-
1 895
-
pensions

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

6 139
-
23 015
-
accident
289
-
1 083
-
unemployment
360
-
1 353
-
other
1 806
-
6 769
-
total
9 100
-
34 115
-
Corporate
124 294
169 500
-
-
income
26 103
35 595
-
-
total
26 103
35 595
-
-
Dividends
98 191
133 905
-
-
withholding
6 873
9 373
-
-
total
6 873
9 373
-
-
Income
169 500
169 500
169 500
169 500
Total tax
51 685
44 968
73 297
75 764
After tax
117 815
124 532
96 203
93 736
Living cost
26 497
26 497
26 497
26 497
Free-cash
91 318
98 035
69 706
67 239

Estimated living cost  is ₽26497 per week

₽18722
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1789
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽426
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5559
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽45491
₽31440
₽46804
₽47564
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
169 500
income
-
-
-
48 012
pensions
-
-
-
8 783
total
-
-
-
56 795
Employee
93 240
-
148 105
-
pensions
8 995
-
10 834
-
income
16 807
-
37 766
-
health
1 536
-
2 164
-
total
27 338
-
50 764
-
Employer
93 240
-
148 105
-
health
1 771
-
2 815
-
pensions
11 009
-
18 580
-
total
12 780
-
21 395
-
Corporate
63 480
169 500
-
-
income

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

12 061
32 204
-
-
total
12 061
32 204
-
-
Dividends
51 419
137 296
-
-
withholding
3 856
25 904
-
-
total
3 856
25 904
-
-
Income
169 500
169 500
169 500
169 500
Total tax
56 035
58 108
72 159
56 795
After tax
113 465
111 392
97 341
112 705
Living cost
65 901
65 901
65 901
65 901
Free-cash
47 564
45 491
31 440
46 804

Estimated living cost  is ₽65901 per week

₽49381
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽7743
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.
₽8242
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽131885
₽128349
₽121763
₽127265
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
25 425
unemployment
-
-
-
139
health
-
-
-
3 994
pensions

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

-
-
-
5 141
total
-
-
-
34 699
Employee
17 264
-
162 685
-
accident

We are using the highest rate at 1.1%.

190
-
382
-
pensions

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

1 516
-
3 050
-
income
1 726
-
16 268
-
health
794
-
1 598
-
total
4 226
-
21 298
-
Employer
17 264
-
162 685
-
health
1 192
-
2 397
-
pensions

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

1 903
-
3 828
-
accident

We are using the highest rate at 1.1%.

190
-
382
-
unemployment
103
-
208
-
total
3 388
-
6 815
-
Corporate
148 848
169 500
-
-
income
14 885
16 950
-
-
total
14 885
16 950
-
-
Dividends
133 964
152 550
-
-
withholding
6 698
7 627
-
-
total
6 698
7 627
-
-
Income
169 500
169 500
169 500
169 500
Total tax
29 197
24 577
28 113
34 699
After tax
140 303
144 923
141 387
134 801
Living cost
13 038
13 038
13 038
13 038
Free-cash
127 265
131 885
128 349
121 763

Estimated living cost  is ₽13038 per week

₽7612
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽931
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽345
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4150
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽28690
₽50141
₽38830
₽31193
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
51 614
health
-
-
-
12 262
pensions
-
-
-
11 651
total
-
-
-
75 527
Employee
92 196
84 920
151 019
-
pensions
11 651
11 651
11 651
-
income

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

13 900
13 900
21 822
-
health
11 502
11 087
12 262
-
total
37 053
36 638
45 735
-
Employer
92 196
84 920
151 019
-
health
6 407
5 903
7 335
-
pensions
6 416
5 910
7 347
-
unemployment
3 319
3 057
3 799
-
total
16 142
14 870
18 481
-
Corporate
61 162
69 709
-
-
income
12 232
13 942
-
-
total
12 232
13 942
-
-
Dividends
48 929
55 767
-
-
income
10 398
11 851
-
-
withholding
7 339
8 366
-
-
total
17 737
20 217
-
-
Income
169 500
169 500
169 500
169 500
Total tax
83 164
85 667
64 216
75 527
After tax
86 336
83 833
105 284
93 973
Living cost
55 143
55 143
55 143
55 143
Free-cash
31 193
28 690
50 141
38 830

Estimated living cost  is ₽55143 per week

₽40677
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4925
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽632
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8909
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽91980
₽62339
₽69667
₽83161
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
16 657
social contributions
-
-
-
35 572
solidarity contribution
-
-
-
-
health
-
-
-
22 883
total
-
-
-
75 112
Employee
36 354
-
127 564
-
solidarity contribution
-
-
-
-
social contributions
2 363
-
7 918
-
income
4 362
-
15 364
-
health
4 908
-
17 221
-
total
11 633
-
40 503
-
Employer
36 354
-
127 564
-
health
3 272
-
11 481
-
social contributions
9 088
-
30 456
-
total
12 360
-
41 937
-
Corporate
120 786
169 500
-
-
income
22 949
32 205
-
-
total
22 949
32 205
-
-
Dividends
97 837
137 295
-
-
withholding
14 676
20 594
-
-
total
14 676
20 594
-
-
Income
169 500
169 500
169 500
169 500
Total tax
61 618
52 799
82 440
75 112
After tax
107 882
116 701
87 060
94 388
Living cost
24 721
24 721
24 721
24 721
Free-cash
83 161
91 980
62 339
69 667

Estimated living cost  is ₽24721 per week

₽17171
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1759
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽486
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5305
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽48472
₽31725
₽39378
₽43284
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
regional
-
-
-
1 995
municipal
-
-
-
1 008
national
-
-
-
41 562
total
-
-
-
88 161
Employee
88 379
-
169 500
-
municipal
468
-
898
-
national
15 314
-
36 002
-
regional
834
-
1 759
-
social contributions
29 801
-
57 155
-
total
46 417
-
95 814
-
Employer
88 379
-
169 500
-
total
-
-
-
-
Corporate
81 121
169 500
-
-
municipal
3 163
6 611
-
-
nationa
19 469
40 681
-
-
total
22 632
47 292
-
-
Dividends
58 489
122 209
-
-
withholding
15 206
31 775
-
-
total
15 206
31 775
-
-
Income
169 500
169 500
169 500
169 500
Total tax
84 255
79 067
95 814
88 161
After tax
85 245
90 433
73 686
81 339
Living cost
41 961
41 961
41 961
41 961
Free-cash
43 284
48 472
31 725
39 378

Estimated living cost  is ₽41961 per week

₽29250
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2751
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽644
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9315
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽84671
₽52221
₽58342
₽81576
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
46 023
other
-
-
-
-
surtax
-
-
-
6 999
unemployment
-
-
-
226
health
-
-
-
9 422
pensions
-
-
-
26 544
total
-
-
-
89 214
Employee
32 885
-
141 563
-
other
-
-
-
-
unemployment
2 289
-
9 237
-
pensions
2 193
-
8 852
-
surtax
108
-
5 848
-
income
5 512
-
40 077
-
health
840
-
3 384
-
total
10 942
-
67 398
-
Employer
32 885
-
141 563
-
health
1 496
-
6 039
-
pensions
4 384
-
17 692
-
unemployment
1 042
-
4 206
-
other
-
-
-
-
total
6 922
-
27 937
-
Corporate
129 693
169 500
-
-
income
33 721
44 070
-
-
total
33 721
44 070
-
-
Dividends
95 972
125 430
-
-
withholding
14 395
18 815
-
-
total
14 395
18 815
-
-
Income
169 500
169 500
169 500
169 500
Total tax
65 980
62 885
95 335
89 214
After tax
103 520
106 615
74 165
80 286
Living cost
21 944
21 944
21 944
21 944
Free-cash
81 576
84 671
52 221
58 342

Estimated living cost  is ₽21944 per week

₽13417
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2025
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽506
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5995
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽66370
₽52319
₽67683
₽72881
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
169 500
income
-
-
-
48 012
pensions
-
-
-
8 783
total
-
-
-
56 795
Employee
62 487
-
148 105
-
pensions
5 304
-
10 834
-
income
11 254
-
37 766
-
health
907
-
2 164
-
total
17 465
-
50 764
-
Employer
62 487
-
148 105
-
health
1 187
-
2 815
-
pensions
6 764
-
18 580
-
total
7 951
-
21 395
-
Corporate
99 062
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.

18 821
32 204
-
-
total
18 821
32 204
-
-
Dividends
80 240
137 296
-
-
withholding
7 360
25 904
-
-
total
7 360
25 904
-
-
Income
169 500
169 500
169 500
169 500
Total tax
51 597
58 108
72 159
56 795
After tax
117 903
111 392
97 341
112 705
Living cost
45 022
45 022
45 022
45 022
Free-cash
72 881
66 370
52 319
67 683

Estimated living cost  is ₽45022 per week

₽33730
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3375
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽471
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7446
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽1128
₽51129
₽59227
₽32516
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
3 391
regional
-
-
-
8 050
health
-
-
-
382
city
-
-
-
1 787
national
-
-
-
2 434
pensions
-
-
-
15 594
total
-
-
-
31 638
Employee
92 023
-
151 713
-
unemployment
-
-
-
-
pensions
7 731
-
12 744
-
national
436
-
1 933
-
regional
3 013
-
6 970
-
city
988
-
1 630
-
health
208
-
341
-
total
12 376
-
23 618
-
Employer
92 023
-
151 713
-
health
208
-
341
-
pensions
7 731
-
12 744
-
unemployment
-
-
-
-
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.

1 840
-
3 033
-
total
9 779
-
16 118
-
Corporate
66 686
169 500
-
-
regional
14 105
35 849
-
-
national
5 669
14 408
-
-
total
19 774
50 257
-
-
Dividends
46 912
119 243
-
-
withholding
16 420
41 736
-
-
total
16 420
41 736
-
-
Income
169 500
169 500
169 500
169 500
Total tax
58 349
91 993
39 736
31 638
After tax
111 151
77 507
129 764
137 862
Living cost
78 635
78 635
78 635
78 635
Free-cash
32 516
-1 128
51 129
59 227

Estimated living cost  is ₽78635 per week

₽51135
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽7057
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽965
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽19477
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽38201
₽62538
₽41399
₽54323
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
income

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

-
-
-
51 765
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.

-
-
-
2 848
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.

-
-
-
6 794
trade
-
-
-
21 139
total
-
-
-
82 546
Employee

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

59 763
-
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.

387
-
2 848
-
income

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

7 028
-
51 765
-
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.

6 794
-
6 794
-
total
14 209
-
61 407
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
109 737
169 500
-
-
income
16 461
25 425
-
-
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.

906
1 398
-
-
chamber of commerce
306
389
-
-
trade
18 820
29 069
-
-
total
36 493
56 281
-
-
Dividends
73 244
113 219
-
-
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.

987
1 536
-
-
withholding
17 933
27 927
-
-
total
18 920
29 463
-
-
Income
169 500
169 500
169 500
169 500
Total tax
69 622
85 744
61 407
82 546
After tax
99 878
83 756
108 093
86 954
Living cost
45 555
45 555
45 555
45 555
Free-cash
54 323
38 201
62 538
41 399

Estimated living cost  is ₽45555 per week

₽33272
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3644
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽593
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8049
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽51404
₽59742
₽61587
₽57280
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
26 053
other
-
-
-
5 254
surtax
-
-
-
-
social contributions
-
-
-
4 829
health
-
-
-
6 990
pensions
-
-
-
30 764
total
-
-
-
73 890
Employee
42 560
-
131 656
-
pensions
4 812
-
8 956
-
surtax
-
-
-
-
social contributions
1 213
-
3 752
-
income
2 512
-
25 183
-
total
8 537
-
37 891
-
Employer
42 560
-
131 656
-
health
2 980
-
11 948
-
pensions
6 992
-
15 116
-
unemployment
1 723
-
5 333
-
social contributions
128
-
394
-
other
1 468
-
5 053
-
total
13 291
-
37 844
-
Corporate
113 649
169 500
-
-
income
31 822
47 461
-
-
surtax
-
-
-
-
total
31 822
47 461
-
-
Dividends
81 827
122 039
-
-
surtax
-
-
-
-
social contributions
14 074
20 990
-
-
withholding
10 473
15 622
-
-
total
24 547
36 612
-
-
Income
169 500
169 500
169 500
169 500
Total tax
78 197
84 073
75 735
73 890
After tax
91 303
85 427
93 765
95 610
Living cost
34 023
34 023
34 023
34 023
Free-cash
57 280
51 404
59 742
61 587

Estimated living cost  is ₽34023 per week

₽21453
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2767
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽579
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9226
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽54775
₽63113
₽64958
₽60300
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
26 053
other
-
-
-
5 254
surtax
-
-
-
-
social contributions
-
-
-
4 829
health
-
-
-
6 990
pensions
-
-
-
30 764
total
-
-
-
73 890
Employee
37 991
-
131 656
-
pensions
4 297
-
8 956
-
surtax
-
-
-
-
social contributions
1 083
-
3 752
-
income
1 959
-
25 183
-
total
7 339
-
37 891
-
Employer
37 991
-
131 656
-
health
2 659
-
11 948
-
pensions
6 243
-
15 116
-
unemployment
1 538
-
5 333
-
social contributions
113
-
394
-
other
1 312
-
5 053
-
total
11 865
-
37 844
-
Corporate
119 645
169 500
-
-
income
33 500
47 461
-
-
surtax
-
-
-
-
total
33 500
47 461
-
-
Dividends
86 145
122 039
-
-
surtax
-
-
-
-
social contributions
14 818
20 990
-
-
withholding
11 026
15 622
-
-
total
25 844
36 612
-
-
Income
169 500
169 500
169 500
169 500
Total tax
78 548
84 073
75 735
73 890
After tax
90 952
85 427
93 765
95 610
Living cost
30 652
30 652
30 652
30 652
Free-cash
60 300
54 775
63 113
64 958

Estimated living cost  is ₽30652 per week

₽17777
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3114
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽581
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9181
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽82324
₽84438
₽87767
₽82839
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
25 425
social contributions
-
-
-
23 391
health
-
-
-
11 830
total
-
-
-
60 646
Employee
33 717
-
169 500
-
social contributions
4 654
-
23 391
-
income
5 624
-
28 754
-
health
2 353
-
11 830
-
total
12 631
-
63 975
-
Employer
33 717
-
169 500
-
total
-
-
-
-
Corporate
135 783
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%.

6 790
8 475
-
-
total
6 790
8 475
-
-
Dividends
128 993
161 025
-
-
social contributions
17 801
22 221
-
-
withholding
19 349
24 153
-
-
health
9 003
11 240
-
-
total
46 153
57 614
-
-
Income
169 500
169 500
169 500
169 500
Total tax
65 574
66 089
63 975
60 646
After tax
103 926
103 411
105 525
108 854
Living cost
21 087
21 087
21 087
21 087
Free-cash
82 839
82 324
84 438
87 767

Estimated living cost  is ₽21087 per week

₽14112
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1300
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽485
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5188
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽58800
₽9968
₽51942
₽57259
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
45 168
surtax
-
-
-
196
unemployment
-
-
-
6 099
chamber of commerce
-
-
-
677
health
-
-
-
8 886
pensions
-
-
-
21 492
total
-
-
-
82 518
Employee
49 697
39 629
134 530
-
other
496
396
1 162
-
unemployment
1 491
1 189
3 486
-
pensions
5 090
4 057
11 896
-
income
5 658
2 923
35 793
-
health
1 923
1 534
4 495
-
total
14 658
10 099
56 832
-
Employer
49 697
39 629
134 530
-
chamber of commerce
198
159
538
-
health
1 878
1 498
4 391
-
pensions
6 237
4 974
14 580
-
accident
645
515
1 510
-
unemployment
1 491
1 189
3 486
-
surtax
196
196
196
-
payroll
1 491
1 189
4 037
-
other
2 361
1 881
6 233
-
total
14 497
11 601
34 971
-
Corporate
105 306
118 269
130 756
-
income

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

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

26 327
29 567
32 689
-
total
26 327
29 567
32 689
-
Dividends
78 979
88 701
-
-
withholding
21 719
24 393
-
-
total
21 719
24 393
-
-
Income
169 500
169 500
169 500
169 500
Total tax
77 201
75 660
124 492
82 518
After tax
92 299
93 840
45 008
86 982
Living cost
35 040
35 040
35 040
35 040
Free-cash
57 259
58 800
9 968
51 942

Estimated living cost  is ₽35040 per week

₽23370
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2989
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽576
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8105
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽58551
₽23738
₽37189
₽43635
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
communal

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

-
-
-
8 683
social contributions
-
-
-
24 793
national
-
-
-
62 577
total
-
-
-
96 053
Employee

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

71 132
-
131 278
-
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.

619
-
1 142
-
communal

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

3 710
-
6 846
-
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.

5 335
-
9 845
-
national
21 869
-
47 284
-
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.

3 342
-
6 171
-
total
34 875
-
71 288
-
Employer

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

71 132
-
131 278
-
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.

4 374
-
8 073
-
pensions

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

6 303
-
11 632
-
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.

925
-
1 708
-
unemployment

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

1 038
-
1 917
-
surtax
8 066
-
14 886
-
total
20 706
-
38 216
-
Corporate
77 663
169 500
-
-
income
15 533
33 900
-
-
surtax
311
677
-
-
total
15 844
34 577
-
-
Dividends
61 818
134 922
-
-
withholding

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

18 182
40 114
-
-
total
18 182
40 114
-
-
Income
169 500
169 500
169 500
169 500
Total tax
89 607
74 691
109 504
96 053
After tax
79 893
94 809
59 996
73 447
Living cost
36 258
36 258
36 258
36 258
Free-cash
43 635
58 551
23 738
37 189

Estimated living cost  is ₽36258 per week

₽23355
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3170
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽568
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9166
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽77138
₽55100
₽59274
₽70212
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
169 500
accident
-
-
-
830
income
-
-
-
46 662
other
-
-
-
92
unemployment
-
-
-
645
pensions
-
-
-
26 084
total
-
-
-
74 313
Employee
49 500
-
140 116
-
other
49
-
92
-
unemployment
768
-
1 429
-
pensions
2 327
-
4 333
-
income
10 444
-
43 248
-
total
13 588
-
49 102
-
Employer
49 500
-
140 116
-
pensions
11 681
-
21 753
-
accident
979
-
1 825
-
unemployment
2 723
-
5 069
-
other
394
-
738
-
total
15 777
-
29 385
-
Corporate
104 222
169 500
-
-
income

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

15 633
25 425
-
-
total
15 633
25 425
-
-
Dividends
88 589
144 075
-
-
withholding
18 377
31 024
-
-
total
18 377
31 024
-
-
Income
169 500
169 500
169 500
169 500
Total tax
63 375
56 449
78 487
74 313
After tax
106 125
113 051
91 013
95 187
Living cost
35 913
35 913
35 913
35 913
Free-cash
70 212
77 138
55 100
59 274

Estimated living cost  is ₽35913 per week

₽26446
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2548
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽517
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6401
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽45472
₽37157
₽30394
₽33024
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
communal
-
-
-
10 713
accident
-
-
-
1 429
income
-
-
-
27 204
surtax
-
-
-
8 403
health
-
-
-
11 910
pensions
-
-
-
25 406
total
-
-
-
85 065
Employee
75 307
-
151 404
-
pensions
6 024
-
12 111
-
surtax
4 616
-
9 279
-
income
7 274
-
32 084
-
health
3 352
-
6 737
-
total
21 266
-
60 211
-
Employer
75 307
-
151 404
-
health
2 297
-
4 618
-
pensions
6 024
-
12 111
-
accident
677
-
1 362
-
total
8 998
-
18 091
-
Corporate
85 195
169 500
-
-
communal
5 750
11 442
-
-
income
12 780
25 425
-
-
surtax
894
1 780
-
-
total
19 424
38 647
-
-
Dividends
65 771
130 854
-
-
income
22 881
11 712
-
-
withholding
9 866
19 628
-
-
total
32 747
31 340
-
-
Income
169 500
169 500
169 500
169 500
Total tax
82 435
69 987
78 302
85 065
After tax
87 065
99 513
91 198
84 435
Living cost
54 041
54 041
54 041
54 041
Free-cash
33 024
45 472
37 157
30 394

Estimated living cost  is ₽54041 per week

₽40539
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3274
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽572
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9654
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽84279
₽51829
₽57950
₽81117
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
46 023
other
-
-
-
-
surtax
-
-
-
6 999
unemployment
-
-
-
226
health
-
-
-
9 422
pensions
-
-
-
26 544
total
-
-
-
89 214
Employee
33 489
-
141 563
-
other
-
-
-
-
unemployment
2 331
-
9 237
-
pensions
2 234
-
8 852
-
surtax
119
-
5 848
-
income
5 614
-
40 077
-
health
855
-
3 384
-
total
11 153
-
67 398
-
Employer
33 489
-
141 563
-
health
1 523
-
6 039
-
pensions
4 465
-
17 692
-
unemployment
1 062
-
4 206
-
other
-
-
-
-
total
7 050
-
27 937
-
Corporate
128 961
169 500
-
-
income
33 530
44 070
-
-
total
33 530
44 070
-
-
Dividends
95 431
125 430
-
-
withholding
14 314
18 815
-
-
total
14 314
18 815
-
-
Income
169 500
169 500
169 500
169 500
Total tax
66 047
62 885
95 335
89 214
After tax
103 453
106 615
74 165
80 286
Living cost
22 336
22 336
22 336
22 336
Free-cash
81 117
84 279
51 829
57 950

Estimated living cost  is ₽22336 per week

₽13485
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1942
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽519
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6392
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽62304
₽46376
₽53990
₽60096
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
regional
-
-
-
2 556
municipal
-
-
-
1 008
national
-
-
-
41 562
total
-
-
-
88 722
Employee
55 162
-
169 500
-
municipal
293
-
898
-
national
8 739
-
36 002
-
regional
743
-
2 281
-
social contributions
18 601
-
57 155
-
total
28 376
-
96 336
-
Employer
55 162
-
169 500
-
total
-
-
-
-
Corporate
114 338
169 500
-
-
municipal
5 682
8 424
-
-
nationa
27 441
40 681
-
-
total
33 123
49 105
-
-
Dividends
81 215
120 395
-
-
withholding
21 117
31 303
-
-
total
21 117
31 303
-
-
Income
169 500
169 500
169 500
169 500
Total tax
82 616
80 408
96 336
88 722
After tax
86 884
89 092
73 164
80 778
Living cost
26 788
26 788
26 788
26 788
Free-cash
60 096
62 304
46 376
53 990

Estimated living cost  is ₽26788 per week

₽16659
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2714
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽459
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6956
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽86239
₽56598
₽63926
₽75370
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
16 657
social contributions
-
-
-
35 572
solidarity contribution
-
-
-
-
health
-
-
-
22 883
total
-
-
-
75 112
Employee
44 798
-
127 564
-
solidarity contribution
-
-
-
-
social contributions
2 912
-
7 918
-
income
5 376
-
15 364
-
health
6 048
-
17 221
-
total
14 336
-
40 503
-
Employer
44 798
-
127 564
-
health
4 032
-
11 481
-
social contributions
11 199
-
30 456
-
total
15 231
-
41 937
-
Corporate
109 471
169 500
-
-
income
20 800
32 205
-
-
total
20 800
32 205
-
-
Dividends
88 672
137 295
-
-
withholding
13 301
20 594
-
-
total
13 301
20 594
-
-
Income
169 500
169 500
169 500
169 500
Total tax
63 668
52 799
82 440
75 112
After tax
105 832
116 701
87 060
94 388
Living cost
30 462
30 462
30 462
30 462
Free-cash
75 370
86 239
56 598
63 926

Estimated living cost  is ₽30462 per week

₽22654
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1688
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽527
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5594
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽62222
₽13331
₽55452
₽61727
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
45 168
surtax
-
-
-
-
unemployment
-
-
-
6 099
chamber of commerce
-
-
-
677
health
-
-
-
8 886
pensions
-
-
-
21 492
total
-
-
-
82 322
Employee
43 469
39 629
134 711
-
other
434
396
1 162
-
unemployment
1 304
1 189
3 486
-
pensions
4 452
4 057
11 896
-
income
3 872
2 923
35 880
-
health
1 681
1 534
4 495
-
total
11 743
10 099
56 919
-
Employer
43 469
39 629
134 711
-
chamber of commerce
174
159
540
-
health
1 644
1 498
4 391
-
pensions
5 456
4 974
14 580
-
accident
564
515
1 510
-
unemployment
1 304
1 189
3 486
-
surtax
-
-
-
-
payroll
1 304
1 189
4 042
-
other
2 065
1 881
6 241
-
total
12 511
11 405
34 790
-
Corporate
113 521
118 465
130 937
-
income

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

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

28 380
29 616
32 734
-
total
28 380
29 616
32 734
-
Dividends
85 141
88 849
-
-
withholding
23 413
24 432
-
-
total
23 413
24 432
-
-
Income
169 500
169 500
169 500
169 500
Total tax
76 047
75 552
124 443
82 322
After tax
93 453
93 948
45 057
87 178
Living cost
31 726
31 726
31 726
31 726
Free-cash
61 727
62 222
13 331
55 452

Estimated living cost  is ₽31726 per week

₽19032
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3240
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽566
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8888
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽148452
₽123027
₽155232
₽146094
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
15 717
-
169 500
-
income
3 144
-
33 900
-
total
3 144
-
33 900
-
Employer
-
-
-
-
total
-
-
-
-
Corporate

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

153 783
169 500
-
-
total
-
-
-
-
Dividends
153 783
169 500
-
-
withholding
7 689
8 475
-
-
total
7 689
8 475
-
-
Income
169 500
169 500
169 500
169 500
Total tax
10 833
8 475
33 900
1 695
After tax
158 667
161 025
135 600
167 805
Living cost
12 573
12 573
12 573
12 573
Free-cash
146 094
148 452
123 027
155 232

Estimated living cost  is ₽12573 per week

₽8509
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽528
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽422
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3115
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽90028
₽51907
₽56398
₽81712
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
income
-
-
-
38 540
unemployment
-
-
-
255
health
-
-
-
16 680
pensions
-
-
-
30 954
total
-
-
-
86 429
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.

43 974
-
146 664
-
unemployment
62
-
206
-
pensions
6 816
-
22 732
-
income
7 583
-
35 670
-
health
2 840
-
9 475
-
total
17 301
-
68 083
-
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.

43 974
-
146 664
-
health
2 929
-
9 768
-
pensions
3 891
-
12 980
-
unemployment
26
-
89
-
total
6 846
-
22 837
-
Corporate
118 680
169 500
-
-
income
22 549
32 205
-
-
total
22 549
32 205
-
-
Dividends
96 131
137 295
-
-
withholding
14 419
20 594
-
-
total
14 419
20 594
-
-
Income
169 500
169 500
169 500
169 500
Total tax
61 115
52 799
90 920
86 429
After tax
108 385
116 701
78 580
83 071
Living cost
26 673
26 673
26 673
26 673
Free-cash
81 712
90 028
51 907
56 398

Estimated living cost  is ₽26673 per week

₽18305
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1710
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽517
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6143
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Ljubljana model

Close
Oslo , Norway
₽59817
₽112989
₽73831
₽12076
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
169 500
income
-
-
-
33 039
social contributions
-
-
-
19 323
total
-
-
-
52 362
Employee
62 096
-
-
-
social contributions
5 092
-
726
-
income
13 697
-
-
-
total
18 789
-
726
-
Employer
62 096
-
-
-
social contributions
87 555
-
12 478
-
total
87 555
-
12 478
-
Corporate
19 849
169 500
-
-
income
4 367
37 290
-
-
total
4 367
37 290
-
-
Dividends
15 482
132 210
-
-
income
3 406
29 086
-
-
total
3 406
29 086
-
-
Income
169 500
169 500
169 500
169 500
Total tax
114 117
66 376
13 204
52 362
After tax
55 383
103 124
156 296
117 138
Living cost
43 307
43 307
43 307
43 307
Free-cash
12 076
59 817
112 989
73 831

Estimated living cost  is ₽43307 per week

₽28099
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4073
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽552
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10583
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽65220
₽47095
₽59840
₽64218
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
income
-
-
-
19 567
surtax
-
-
-
-
social contributions

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

-
-
-
58 901
total
-
-
-
78 468
Employee
45 736
-
136 970
-
surtax
-
-
-
-
social contributions
5 031
-
15 067
-
income
9 513
-
43 616
-
total
14 544
-
58 683
-
Employer
45 736
-
136 970
-
social contributions
10 862
-
32 530
-
total
10 862
-
32 530
-
Corporate
112 902
169 500
-
-
income
23 710
35 595
-
-
surtax
-
-
-
-
total
23 710
35 595
-
-
Dividends
89 192
133 905
-
-
withholding
24 974
37 493
-
-
total
24 974
37 493
-
-
Income
169 500
169 500
169 500
169 500
Total tax
74 090
73 088
91 213
78 468
After tax
95 410
96 412
78 287
91 032
Living cost
31 192
31 192
31 192
31 192
Free-cash
64 218
65 220
47 095
59 840

Estimated living cost  is ₽31192 per week

₽23338
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1840
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.
₽5493
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽37397
₽45735
₽47580
₽44235
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
26 053
other
-
-
-
5 254
surtax
-
-
-
-
social contributions
-
-
-
4 829
health
-
-
-
6 990
pensions
-
-
-
30 764
total
-
-
-
73 890
Employee
62 283
-
131 656
-
pensions
7 045
-
8 956
-
surtax
-
-
-
-
social contributions
1 774
-
3 752
-
income
5 434
-
25 183
-
total
14 253
-
37 891
-
Employer
62 283
-
131 656
-
health
4 359
-
11 948
-
pensions
10 234
-
15 116
-
unemployment
2 523
-
5 333
-
social contributions
187
-
394
-
other
2 149
-
5 053
-
total
19 452
-
37 844
-
Corporate
87 765
169 500
-
-
income
24 574
47 461
-
-
surtax
-
-
-
-
total
24 574
47 461
-
-
Dividends
63 191
122 039
-
-
surtax
-
-
-
-
social contributions
10 868
20 990
-
-
withholding
8 088
15 622
-
-
total
18 956
36 612
-
-
Income
169 500
169 500
169 500
169 500
Total tax
77 235
84 073
75 735
73 890
After tax
92 265
85 427
93 765
95 610
Living cost
48 030
48 030
48 030
48 030
Free-cash
44 235
37 397
45 735
47 580

Estimated living cost  is ₽48030 per week

₽32506
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3929
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽659
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10936
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽122658
₽99640
₽95137
₽119317
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
7 182
social contributions
-
-
-
37 289
total
-
-
-
44 471
Employee
31 970
-
146 753
-
income
-
-
7 682
-
social contributions
2 078
-
9 539
-
total
2 078
-
17 221
-
Employer
31 970
-
146 753
-
social contributions
4 956
-
22 747
-
total
4 956
-
22 747
-
Corporate
132 575
169 500
-
-
income
13 257
16 950
-
-
total
13 257
16 950
-
-
Dividends
119 318
152 550
-
-
total
-
-
-
-
Income
169 500
169 500
169 500
169 500
Total tax
20 291
16 950
39 968
44 471
After tax
149 209
152 550
129 532
125 029
Living cost
29 892
29 892
29 892
29 892
Free-cash
119 317
122 658
99 640
95 137

Estimated living cost  is ₽29892 per week

₽19328
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2253
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽562
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7748
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽47066
-₽47066
₽52420
-₽47066
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
13 491
municipal
-
-
-
35 142
national
-
-
-
19 715
pensions
-
-
-
862
total
-
-
-
69 210
Employee
202 050
202 050
202 050
-
municipal
43 025
43 025
43 025
-
labour market
16 141
16 141
16 141
-
pensions
287
287
287
-
national
24 684
24 684
24 684
-
total
84 137
84 137
84 137
-
Employer
202 050
202 050
202 050
-
national
24 727
24 727
24 727
-
labour market
16 164
16 164
16 164
-
pensions
574
574
574
-
municipal
43 094
43 094
43 094
-
total
84 559
84 559
84 559
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
169 500
169 500
169 500
169 500
Total tax
168 696
168 696
168 696
69 210
After tax
804
804
804
100 290
Living cost
47 870
47 870
47 870
47 870
Free-cash
-47 066
-47 066
-47 066
52 420

Estimated living cost  is ₽47870 per week

₽32763
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4235
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽736
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10136
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽8061
₽70013
₽94108
₽10388
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
169 500
accident
-
-
-
254
income
-
-
-
46 600
other
-
-
-
373
health
-
-
-
2 192
pensions
-
-
-
4 183
total
-
-
-
53 602
Employee
34 277
-
152 156
-
pensions
3 860
-
7 670
-
income
4 702
-
35 261
-
health
3 925
-
17 422
-
total
12 487
-
60 353
-
Employer
34 277
-
152 156
-
pensions
5 573
-
11 075
-
accident
572
-
2 541
-
unemployment
840
-
3 728
-
total
6 985
-
17 344
-
Corporate
128 237
169 500
-
-
income

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

115 414
152 550
-
-
total
115 414
152 550
-
-
Dividends
12 824
16 950
-
-
withholding
2 436
3 221
-
-
total
2 436
3 221
-
-
Income
169 500
169 500
169 500
169 500
Total tax
137 322
155 771
77 697
53 602
After tax
32 178
13 729
91 803
115 898
Living cost
21 790
21 790
21 790
21 790
Free-cash
10 388
-8 061
70 013
94 108

Estimated living cost  is ₽21790 per week

₽15861
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1242
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽409
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4278
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽68384
₽51100
₽71970
₽70750
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
2 195
municipal
-
-
-
30 115
national
-
-
-
27 041
total
-
-
-
59 351
Employee
52 319
-
142 592
-
municipal
8 569
-
23 228
-
unemployment
785
-
2 138
-
pensions
3 531
-
9 624
-
national
864
-
16 542
-
health
391
-
1 781
-
total
14 140
-
53 313
-
Employer
52 319
-
142 592
-
health
402
-
1 098
-
pensions
9 077
-
24 740
-
accident
53
-
143
-
unemployment
340
-
927
-
total
9 872
-
26 908
-
Corporate
107 310
169 500
-
-
income
21 462
33 900
-
-
total
21 462
33 900
-
-
Dividends

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

64 386
101 700
-
-
municipal
11 589
18 307
-
-
national
3 508
10 730
-
-
total
15 097
29 037
-
-
Income
169 500
169 500
169 500
169 500
Total tax
60 571
62 937
80 221
59 351
After tax
108 929
106 563
89 279
110 149
Living cost
38 179
38 179
38 179
38 179
Free-cash
70 750
68 384
51 100
71 970

Estimated living cost  is ₽38179 per week

₽24938
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3672
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽608
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8962
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽100649
₽91609
₽93114
₽95235
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
32 951
social contributions
-
-
-
16 090
health
-
-
-
4 321
total
-
-
-
53 362
Employee
76 467
76 467
158 017
-
social contributions
2 891
6 346
8 560
-
income
8 326
7 079
32 139
-
health
593
1 300
2 685
-
total
11 810
14 725
43 384
-
Employer
76 467
76 467
158 017
-
health
644
1 415
2 923
-
social contributions
2 891
6 346
8 560
-
total
3 535
7 761
11 483
-
Corporate
131 132
85 272
-
-
income
16 391
10 658
-
-
total
16 391
10 658
-
-
Dividends
114 741
74 613
-
-
withholding
19 505
12 683
-
-
total
19 505
12 683
-
-
Income
169 500
169 500
169 500
169 500
Total tax
51 241
45 827
54 867
53 362
After tax
118 259
123 673
114 633
116 138
Living cost
23 024
23 024
23 024
23 024
Free-cash
95 235
100 649
91 609
93 114

Estimated living cost  is ₽23024 per week

₽13799
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2259
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽510
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6458
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽124575
₽106615
₽126560
₽119516
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
income
-
-
-
17 199
unemployment
-
-
-
28
health
-
-
-
3 599
pensions
-
-
-
6 326
total
-
-
-
27 152
Employee

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

22 826
-
159 781
-
unemployment
113
-
472
-
pensions
3 423
-
14 153
-
income
1 561
-
14 733
-
health
1 940
-
8 020
-
total
7 037
-
37 378
-
Employer

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

22 826
-
159 781
-
health
981
-
4 057
-
pensions
1 255
-
5 190
-
unemployment
113
-
472
-
total
2 349
-
9 719
-
Corporate
144 325
169 500
-
-
income
12 989
15 255
-
-
total
12 989
15 255
-
-
Dividends
131 336
154 245
-
-
withholding
11 821
13 882
-
-
total
11 821
13 882
-
-
Income
169 500
169 500
169 500
169 500
Total tax
34 196
29 137
47 097
27 152
After tax
135 304
140 363
122 403
142 348
Living cost
15 788
15 788
15 788
15 788
Free-cash
119 516
124 575
106 615
126 560

Estimated living cost  is ₽15788 per week

₽10073
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1138
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽470
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4106
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽85705
₽63667
₽67841
₽81315
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
169 500
accident
-
-
-
830
income
-
-
-
46 662
other
-
-
-
92
unemployment
-
-
-
645
pensions
-
-
-
26 084
total
-
-
-
74 313
Employee
36 770
-
140 116
-
other
36
-
92
-
unemployment
570
-
1 429
-
pensions
1 729
-
4 333
-
income
7 089
-
43 248
-
total
9 424
-
49 102
-
Employer
36 770
-
140 116
-
pensions
8 677
-
21 753
-
accident
728
-
1 825
-
unemployment
2 023
-
5 069
-
other
294
-
738
-
total
11 722
-
29 385
-
Corporate
121 007
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.

18 150
25 425
-
-
total
18 150
25 425
-
-
Dividends
102 857
144 075
-
-
withholding
21 543
31 024
-
-
total
21 543
31 024
-
-
Income
169 500
169 500
169 500
169 500
Total tax
60 839
56 449
78 487
74 313
After tax
108 661
113 051
91 013
95 187
Living cost
27 346
27 346
27 346
27 346
Free-cash
81 315
85 705
63 667
67 841

Estimated living cost  is ₽27346 per week

₽18458
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2629
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽479
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5780
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽103831
₽106963
₽107101
₽103514
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
169 500
income
-
-
-
58 025
health
-
-
-
1 024
pensions
-
-
-
1 413
total
-
-
-
60 462
Employee
2 950
-
167 911
-
unemployment
30
-
71
-
pensions
265
-
636
-
income
571
-
57 951
-
health
147
-
353
-
total
1 013
-
59 011
-
Employer
2 950
-
167 911
-
health
280
-
671
-
pensions
324
-
777
-
unemployment
59
-
141
-
total
663
-
1 589
-
Corporate
165 886
169 500
-
-
income
36 495
37 290
-
-
total
36 495
37 290
-
-
Dividends
129 391
132 210
-
-
withholding
25 878
26 442
-
-
total
25 878
26 442
-
-
Income
169 500
169 500
169 500
169 500
Total tax
64 049
63 732
60 600
60 462
After tax
105 451
105 768
108 900
109 038
Living cost
1 937
1 937
1 937
1 937
Free-cash
103 514
103 831
106 963
107 101

Estimated living cost  is ₽1937 per week

₽1151
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽157
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽44
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽584
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽105259
₽86284
₽86284
₽100364
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
income
-
-
-
38 219
unemployment
-
-
-
1 103
health
-
-
-
7 573
pensions
-
-
-
19 116
total
-
-
-
66 011
Employee

The minimum tax base for social security contributions are defined by the Law on Mandatory Social Insurance Contributions and is fixed at 35% of an average monthly salary published in Serbia. The maximum tax base for social security contributions is capped at five times the average monthly salary published by the official statistics in Serbia at the moment of salary payment.

The minimum monthly earnings used to calculate the contributions are 35% of the national average gross wage for the previous three months.

The maximum monthly earnings used to calculate the contributions are five times the national average gross wage in the previous month.

25 945
-
156 339
-
unemployment
195
-
551
-
pensions
3 632
-
10 293
-
income
3 576
-
38 219
-
health
1 336
-
3 787
-
total
8 739
-
52 850
-
Employer

The minimum tax base for social security contributions are defined by the Law on Mandatory Social Insurance Contributions and is fixed at 35% of an average monthly salary published in Serbia. The maximum tax base for social security contributions is capped at five times the average monthly salary published by the official statistics in Serbia at the moment of salary payment.

The minimum monthly earnings used to calculate the contributions are 35% of the national average gross wage for the previous three months.

The maximum monthly earnings used to calculate the contributions are five times the national average gross wage in the previous month.

25 945
-
156 339
-
health
1 336
-
3 787
-
pensions
3 113
-
8 823
-
unemployment
195
-
551
-
total
4 644
-
13 161
-
Corporate
138 911
169 500
-
-
income
20 837
25 425
-
-
total
20 837
25 425
-
-
Dividends
118 075
144 075
-
-
withholding
17 711
21 611
-
-
total
17 711
21 611
-
-
Income
169 500
169 500
169 500
169 500
Total tax
51 931
47 036
66 011
66 011
After tax
117 569
122 464
103 489
103 489
Living cost
17 205
17 205
17 205
17 205
Free-cash
100 364
105 259
86 284
86 284

Estimated living cost  is ₽17205 per week

₽11584
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1331
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽498
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3792
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽69603
₽51478
₽64223
₽69244
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
income
-
-
-
19 567
surtax
-
-
-
-
social contributions

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

-
-
-
58 901
total
-
-
-
78 468
Employee
38 596
-
136 970
-
surtax
-
-
-
-
social contributions
4 246
-
15 067
-
income
7 541
-
43 616
-
total
11 787
-
58 683
-
Employer
38 596
-
136 970
-
social contributions
9 166
-
32 530
-
total
9 166
-
32 530
-
Corporate
121 738
169 500
-
-
income
25 565
35 595
-
-
surtax
-
-
-
-
total
25 565
35 595
-
-
Dividends
96 174
133 905
-
-
withholding
26 929
37 493
-
-
total
26 929
37 493
-
-
Income
169 500
169 500
169 500
169 500
Total tax
73 447
73 088
91 213
78 468
After tax
96 053
96 412
78 287
91 032
Living cost
26 809
26 809
26 809
26 809
Free-cash
69 244
69 603
51 478
64 223

Estimated living cost  is ₽26809 per week

₽18988
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1863
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽476
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5484
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽78102
₽56064
₽60238
₽71513
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
169 500
accident
-
-
-
830
income
-
-
-
46 662
other
-
-
-
92
unemployment
-
-
-
645
pensions
-
-
-
26 084
total
-
-
-
74 313
Employee
48 026
-
140 116
-
other
47
-
92
-
unemployment
744
-
1 429
-
pensions
2 257
-
4 333
-
income
10 031
-
43 248
-
total
13 079
-
49 102
-
Employer
48 026
-
140 116
-
pensions
11 334
-
21 753
-
accident
951
-
1 825
-
unemployment
2 642
-
5 069
-
other
385
-
738
-
total
15 312
-
29 385
-
Corporate
106 162
169 500
-
-
income

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

15 923
25 425
-
-
total
15 923
25 425
-
-
Dividends
90 238
144 075
-
-
withholding
18 724
31 024
-
-
total
18 724
31 024
-
-
Income
169 500
169 500
169 500
169 500
Total tax
63 038
56 449
78 487
74 313
After tax
106 462
113 051
91 013
95 187
Living cost
34 949
34 949
34 949
34 949
Free-cash
71 513
78 102
56 064
60 238

Estimated living cost  is ₽34949 per week

₽25099
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2717
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.
₽6641
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽127817
₽124281
₽117695
₽121756
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
25 425
unemployment
-
-
-
139
health
-
-
-
3 994
pensions

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

-
-
-
5 141
total
-
-
-
34 699
Employee
22 651
-
162 685
-
accident

We are using the highest rate at 1.1%.

249
-
382
-
pensions

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

1 989
-
3 050
-
income
2 265
-
16 268
-
health
1 042
-
1 598
-
total
5 545
-
21 298
-
Employer
22 651
-
162 685
-
health
1 563
-
2 397
-
pensions

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

2 496
-
3 828
-
accident

We are using the highest rate at 1.1%.

249
-
382
-
unemployment
136
-
208
-
total
4 444
-
6 815
-
Corporate
142 405
169 500
-
-
income
14 240
16 950
-
-
total
14 240
16 950
-
-
Dividends
128 164
152 550
-
-
withholding
6 409
7 627
-
-
total
6 409
7 627
-
-
Income
169 500
169 500
169 500
169 500
Total tax
30 638
24 577
28 113
34 699
After tax
138 862
144 923
141 387
134 801
Living cost
17 106
17 106
17 106
17 106
Free-cash
121 756
127 817
124 281
117 695

Estimated living cost  is ₽17106 per week

₽11314
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽979
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽408
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4406
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽48851
₽69701
₽52013
₽61857
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
income

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

-
-
-
51 765
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.

-
-
-
2 848
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.

-
-
-
6 794
trade
-
-
-
17 688
total
-
-
-
79 095
Employee

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

49 479
-
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.

225
-
2 848
-
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.

4 069
-
51 765
-
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.

6 794
-
6 794
-
total
11 088
-
61 407
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
120 021
169 500
-
-
income
18 003
25 425
-
-
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.

991
1 398
-
-
chamber of commerce
326
400
-
-
trade
17 224
24 323
-
-
total
36 544
51 546
-
-
Dividends
83 477
117 953
-
-
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.

1 127
1 600
-
-
withholding
20 492
29 111
-
-
total
21 619
30 711
-
-
Income
169 500
169 500
169 500
169 500
Total tax
69 251
82 257
61 407
79 095
After tax
100 249
87 243
108 093
90 405
Living cost
38 392
38 392
38 392
38 392
Free-cash
61 857
48 851
69 701
52 013

Estimated living cost  is ₽38392 per week

₽26484
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4131
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽557
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7220
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽62002
₽33341
₽33341
₽64199
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
51 363
social contributions
-
-
-
28 149
total
-
-
-
79 512
Employee
77 786
-
169 500
-
income
14 678
-
51 363
-
social contributions
6 462
-
28 149
-
total
21 140
-
79 512
-
Employer
77 786
-
169 500
-
total
-
-
-
-
Corporate
91 714
169 500
-
-
income
11 464
21 187
-
-
total
11 464
21 187
-
-
Dividends
80 249
148 313
-
-
withholding
16 050
29 664
-
-
total
16 050
29 664
-
-
Income
169 500
169 500
169 500
169 500
Total tax
48 654
50 851
79 512
79 512
After tax
120 846
118 649
89 988
89 988
Living cost
56 647
56 647
56 647
56 647
Free-cash
64 199
62 002
33 341
33 341

Estimated living cost  is ₽56647 per week

₽43096
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4616
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽542
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8394
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽68823
₽84766
₽99071
₽72298
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
28 307
health

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

-
-
-
6 024
total
-
-
-
34 331
Employee
45 618
-
164 926
-
income
4 950
-
39 488
-
social contributions
4 571
-
4 574
-
total
9 521
-
44 062
-
Employer
45 618
-
164 926
-
social contributions
4 571
-
4 574
-
total
4 571
-
4 574
-
Corporate
119 311
169 500
-
-
income
41 758
59 325
-
-
total
41 758
59 325
-
-
Dividends
77 553
110 175
-
-
social contributions
5 254
5 254
-
-
total
5 254
5 254
-
-
Income
169 500
169 500
169 500
169 500
Total tax
61 104
64 579
48 636
34 331
After tax
108 396
104 921
120 864
135 169
Living cost
36 098
36 098
36 098
36 098
Free-cash
72 298
68 823
84 766
99 071

Estimated living cost  is ₽36098 per week

₽23778
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2846
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽553
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8920
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽74791
₽60740
₽76104
₽80625
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
169 500
income
-
-
-
48 012
pensions
-
-
-
8 783
total
-
-
-
56 795
Employee
50 240
-
148 105
-
pensions
3 835
-
10 834
-
income
9 149
-
37 766
-
health
655
-
2 164
-
total
13 639
-
50 764
-
Employer
50 240
-
148 105
-
health
955
-
2 815
-
pensions
5 076
-
18 580
-
total
6 031
-
21 395
-
Corporate
113 229
169 500
-
-
income

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

21 514
32 204
-
-
total
21 514
32 204
-
-
Dividends
91 714
137 296
-
-
withholding
11 090
25 904
-
-
total
11 090
25 904
-
-
Income
169 500
169 500
169 500
169 500
Total tax
52 274
58 108
72 159
56 795
After tax
117 226
111 392
97 341
112 705
Living cost
36 601
36 601
36 601
36 601
Free-cash
80 625
74 791
60 740
76 104

Estimated living cost  is ₽36601 per week

₽25108
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3366
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽458
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7667
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details

Additional information

The only visa which will gain you entry to the UK as a freelancer is Tier 1 (with an exception of EU nationals or long-term UK residence permit holders, up until Brexit). There are two Tier 1 visa pathways.

You can either apply for an Entrepreneur visa which requires an investment of at least £200000 and creating two full time jobs, or choose an Exceptional Talent visa, which has no financial requirements but is more difficult to obtain.

Source of data for Edinburgh model

Close
Warsaw , Poland
-₽10218
₽67856
₽91951
₽10056
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
169 500
accident
-
-
-
254
income
-
-
-
46 600
other
-
-
-
373
health
-
-
-
2 192
pensions
-
-
-
4 183
total
-
-
-
53 602
Employee
37 670
-
152 156
-
pensions
4 242
-
7 670
-
income
5 168
-
35 261
-
health
4 313
-
17 422
-
total
13 723
-
60 353
-
Employer
37 670
-
152 156
-
pensions
6 125
-
11 075
-
accident
629
-
2 541
-
unemployment
923
-
3 728
-
total
7 677
-
17 344
-
Corporate
124 153
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.

111 738
152 550
-
-
total
111 738
152 550
-
-
Dividends
12 416
16 950
-
-
withholding
2 359
3 221
-
-
total
2 359
3 221
-
-
Income
169 500
169 500
169 500
169 500
Total tax
135 497
155 771
77 697
53 602
After tax
34 003
13 729
91 803
115 898
Living cost
23 947
23 947
23 947
23 947
Free-cash
10 056
-10 218
67 856
91 951

Estimated living cost  is ₽23947 per week

₽17575
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1395
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽482
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4495
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

Poland permits registration as a sole-trader only for EU nationals or long-term EU resident permit holders. Other nationals should use a business incubator or set up a company and hire themselves as an employee.

Source of data for Warsaw model

Close
Skopje , Macedonia
₽129148
₽106210
₽84256
₽124476
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
27 850
unemployment
-
-
-
1 916
work injury
-
-
-
798
health insurance
-
-
-
11 815
pensions
-
-
-
29 379
total
-
-
-
71 758
Employee

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

21 577
-
169 500
-
health insurance
1 597
-
5 908
-
unemployment
259
-
958
-
work injury
108
-
399
-
pensions
3 970
-
14 689
-
income
2 158
-
27 850
-
total
8 092
-
49 804
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
147 923
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%.

1 479
1 695
-
-
total
1 479
1 695
-
-
Dividends
146 443
167 805
-
-
withholding
21 967
25 171
-
-
total
21 967
25 171
-
-
Income
169 500
169 500
169 500
169 500
Total tax
31 538
26 866
49 804
71 758
After tax
137 962
142 634
119 696
97 742
Living cost
13 486
13 486
13 486
13 486
Free-cash
124 476
129 148
106 210
84 256

Estimated living cost  is ₽13486 per week

₽8355
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽980
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽421
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3730
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Skopje model

Close
Rome , Italy
₽49664
₽32279
₽39719
₽45140
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
regional
-
-
-
3 875
municipal
-
-
-
1 132
national
-
-
-
41 562
total
-
-
-
90 165
Employee
83 797
-
169 500
-
municipal
500
-
1 011
-
national
14 161
-
36 002
-
regional
1 265
-
3 437
-
social contributions
28 256
-
57 155
-
total
44 182
-
97 605
-
Employer
83 797
-
169 500
-
total
-
-
-
-
Corporate
85 703
169 500
-
-
municipal
4 131
8 169
-
-
nationa
20 570
40 681
-
-
total
24 701
48 850
-
-
Dividends
61 003
120 650
-
-
withholding
15 861
31 370
-
-
total
15 861
31 370
-
-
Income
169 500
169 500
169 500
169 500
Total tax
84 744
80 220
97 605
90 165
After tax
84 756
89 280
71 895
79 335
Living cost
39 616
39 616
39 616
39 616
Free-cash
45 140
49 664
32 279
39 719

Estimated living cost  is ₽39616 per week

₽27827
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2725
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽598
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8464
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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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