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
₽67289
₽78769
₽56826
₽59000
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
169 500
health

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

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

-
-
-
6 464
trade
-
-
-
19 769
income

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

-
-
-
52 709
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.

-
-
-
2 900
total
-
-
-
81 842
Employee

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

36 189
-
169 500
-
health

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

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

6 464
-
6 464
-
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.

1 011
-
52 709
-
surtax

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

56
-
2 900
-
total
7 531
-
62 073
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
133 311
169 500
-
-
income
19 997
25 424
-
-
chamber of commerce
336
388
-
-
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.

1 101
1 399
-
-
trade
20 997
26 696
-
-
total
42 431
53 907
-
-
Dividends
90 882
115 593
-
-
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.

1 230
1 569
-
-
withholding
22 361
28 540
-
-
total
23 591
30 109
-
-
Income
169 500
169 500
169 500
169 500
Total tax
73 553
84 016
62 073
81 842
After tax
95 947
85 484
107 427
87 658
Living cost
28 658
28 658
28 658
28 658
Free-cash
67 289
56 826
78 769
59 000

Estimated living cost  is ₽28658 per week

₽18027
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3341
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽535
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6755
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽56145
₽52071
₽56956
₽51160
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
18 568
pensions
-
-
-
20 340
national
-
-
-
28 798
total
-
-
-
69 528
Employee
75 668
-
146 531
-
pensions
3 027
-
5 861
-
municipal
9 346
-
19 224
-
national
14 483
-
30 235
-
total
26 856
-
55 320
-
Employer
75 668
-
146 531
-
pensions
6 053
-
11 722
-
social contributions
813
-
1 575
-
total
6 866
-
13 297
-
Corporate
81 972
169 500
-
-
income

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

16 394
33 900
-
-
total
16 394
33 900
-
-
Dividends
65 577
135 600
-
-
withholding
14 427
29 832
-
-
total
14 427
29 832
-
-
Income
169 500
169 500
169 500
169 500
Total tax
64 543
63 732
68 617
69 528
After tax
104 957
105 768
100 883
99 972
Living cost
48 812
48 812
48 812
48 812
Free-cash
56 145
56 956
52 071
51 160

Estimated living cost  is ₽48812 per week

₽33177
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4537
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽731
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10367
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽108154
₽51729
₽115917
₽39052
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

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

-
-
-
169 500
social contributions

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

-
-
-
36 251
income
-
-
-
31 290
surtax
-
-
-
43 223
microenterprise
-
-
-
-
total
-
-
-
110 764
Employee
27 647
-
128 230
-
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.

3 042
-
12 403
-
income
4 921
-
25 821
-
surtax
-
-
18 593
-
total
7 963
-
56 817
-
Employer
27 647
-
128 230
-
surtax
-
-
14 106
-
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.

6 660
-
27 164
-
total
6 660
-
41 270
-
Corporate
135 193
169 500
-
-
income

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

27 039
33 899
-
-
total
27 039
33 899
-
-
Dividends

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

108 155
135 601
-
-
total
-
-
-
-
Income
169 500
169 500
169 500
169 500
Total tax
41 662
33 899
98 087
110 764
After tax
127 838
135 601
71 413
58 736
Living cost
19 684
19 684
19 684
19 684
Free-cash
108 154
115 917
51 729
39 052

Estimated living cost  is ₽19684 per week

₽12558
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1875
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽447
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4805
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽38526
₽66572
₽44324
₽53745
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
169 500
health
-
-
-
11 667
income
-
-
-
53 367
pensions
-
-
-
11 085
total
-
-
-
76 119
Employee
80 798
80 798
151 917
-
pensions
14 544
11 085
11 085
-
health
12 402
10 549
11 667
-
income

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

13 225
13 225
22 957
-
total
40 171
34 859
45 709
-
Employer
80 798
80 798
151 917
-
pensions
5 624
5 624
6 990
-
health
5 616
5 616
6 979
-
unemployment
2 909
2 909
3 614
-
total
14 149
14 149
17 583
-
Corporate
75 545
74 553
-
-
income
15 109
14 910
-
-
total
15 109
14 910
-
-
Dividends
60 435
59 643
-
-
income
12 843
12 675
-
-
withholding
9 066
8 947
-
-
total
21 909
21 622
-
-
Income
169 500
169 500
169 500
169 500
Total tax
91 338
85 540
63 292
76 119
After tax
78 162
83 960
106 208
93 381
Living cost
39 636
39 636
39 636
39 636
Free-cash
38 526
44 324
66 572
53 745

Estimated living cost  is ₽39636 per week

₽28089
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3573
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽630
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7344
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽53010
₽47506
₽53879
₽48444
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
169
health
-
-
-
5 288
municipal
-
-
-
43 224
pensions
-
-
-
9 161
other
-
-
-
9 848
unemployment
-
-
-
85
national
-
-
-
14 613
total
-
-
-
82 388
Employee
55 099
-
142 872
-
municipal
16 430
-
42 605
-
national
-
-
14 094
-
total
16 430
-
56 699
-
Employer
55 099
-
142 872
-
pensions
5 956
-
9 161
-
other
6 403
-
9 848
-
health
3 389
-
5 212
-
unemployment
1 455
-
2 237
-
accident
110
-
169
-
total
17 313
-
26 627
-
Corporate
97 089
169 500
-
-
income
21 360
37 290
-
-
total
21 360
37 290
-
-
Dividends
75 730
132 210
-
-
withholding
22 719
39 663
-
-
total
22 719
39 663
-
-
Income
169 500
169 500
169 500
169 500
Total tax
77 822
76 953
83 326
82 388
After tax
91 678
92 547
86 174
87 112
Living cost
38 668
38 668
38 668
38 668
Free-cash
53 010
53 879
47 506
48 444

Estimated living cost  is ₽38668 per week

₽25628
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3794
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽587
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8659
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Stockholm model

Close
Hamburg , Germany
₽60739
₽70258
₽47446
₽49611
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
169 500
health

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

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

-
-
-
6 464
trade
-
-
-
20 647
income

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

-
-
-
52 709
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.

-
-
-
2 900
total
-
-
-
82 720
Employee

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

47 982
-
169 500
-
health

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

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

6 464
-
6 464
-
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.

4 122
-
52 709
-
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.

226
-
2 900
-
total
10 812
-
62 073
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
121 518
169 500
-
-
income
18 228
25 424
-
-
chamber of commerce
316
384
-
-
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.

1 002
1 399
-
-
trade
19 989
27 882
-
-
total
39 535
55 089
-
-
Dividends
81 983
114 410
-
-
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.

1 108
1 553
-
-
withholding
20 137
28 243
-
-
total
21 245
29 796
-
-
Income
169 500
169 500
169 500
169 500
Total tax
71 592
84 885
62 073
82 720
After tax
97 908
84 615
107 427
86 780
Living cost
37 169
37 169
37 169
37 169
Free-cash
60 739
47 446
70 258
49 611

Estimated living cost  is ₽37169 per week

₽24859
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3920
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽555
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7836
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽89031
₽83541
₽92954
₽85022
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
169 500
social contributions
-
-
-
15 309
health
-
-
-
4 322
income
-
-
-
34 158
total
-
-
-
53 789
Employee
72 755
72 755
158 425
-
health
724
1 237
2 693
-
social contributions
3 535
6 038
8 144
-
income
7 640
6 735
33 359
-
total
11 899
14 010
44 196
-
Employer
72 755
72 755
158 425
-
health
788
1 347
2 930
-
social contributions
3 535
6 038
8 144
-
total
4 323
7 385
11 074
-
Corporate
122 589
89 360
-
-
income
15 323
11 170
-
-
total
15 323
11 170
-
-
Dividends
107 266
78 190
-
-
withholding
18 235
13 292
-
-
total
18 235
13 292
-
-
Income
169 500
169 500
169 500
169 500
Total tax
49 780
45 857
55 270
53 789
After tax
119 720
123 643
114 230
115 711
Living cost
30 689
30 689
30 689
30 689
Free-cash
89 031
92 954
83 541
85 022

Estimated living cost  is ₽30689 per week

₽20979
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2397
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽515
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6798
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽78092
₽80771
₽77728
₽99932
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
169 500
health
-
-
-
11 865
income
-
-
-
20 721
pensions
-
-
-
16 950
unemployment
-
-
-
2 543
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.

25 246
10 048
141 841
-
unemployment
379
151
2 128
-
pensions
2 525
1 005
14 184
-
health
1 767
703
9 929
-
income
3 086
1 228
17 340
-
total
7 757
3 087
43 581
-
Employer

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

The minimum wage is 138,000 HUF per month.

25 246
10 048
141 841
-
pensions
4 923
1 959
27 659
-
total
4 923
1 959
27 659
-
Corporate
139 331
157 493
-
-
income
12 540
14 174
-
-
total
12 540
14 174
-
-
Dividends
126 791
143 319
-
-
social contributions
24 609
27 832
-
-
withholding
24 090
27 231
-
-
total
48 699
55 063
-
-
Income
169 500
169 500
169 500
169 500
Total tax
73 919
74 283
71 240
52 079
After tax
95 581
95 217
98 260
117 421
Living cost
17 489
17 489
17 489
17 489
Free-cash
78 092
77 728
80 771
99 932

Estimated living cost  is ₽17489 per week

₽11935
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1431
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽349
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3774
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽106869
₽74846
₽112748
₽68000
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
169 500
health
-
-
-
22 035
income
-
-
-
22 713
pensions
-
-
-
33 899
total
-
-
-
78 647
Employee
26 841
-
126 682
-
unemployment
429
-
2 027
-
pensions
537
-
2 533
-
income
3 022
-
24 424
-
total
3 988
-
28 984
-
Employer
26 841
-
126 682
-
pensions
5 369
-
25 336
-
health
3 489
-
16 468
-
unemployment
215
-
1 013
-
total
9 073
-
42 817
-
Corporate
133 586
169 500
-
-
income
26 717
33 899
-
-
total
26 717
33 899
-
-
Dividends
106 869
135 601
-
-
total
-
-
-
-
Income
169 500
169 500
169 500
169 500
Total tax
39 778
33 899
71 801
78 647
After tax
129 722
135 601
97 699
90 853
Living cost
22 853
22 853
22 853
22 853
Free-cash
106 869
112 748
74 846
68 000

Estimated living cost  is ₽22853 per week

₽15675
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1361
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽460
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5358
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽10501
₽71064
-₽7312
₽94824
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
242
health
-
-
-
2 086
income
-
-
-
46 972
pensions
-
-
-
3 980
other
-
-
-
354
total
-
-
-
53 634
Employee
33 100
-
152 673
-
pensions
3 727
-
7 297
-
health
3 790
-
17 481
-
income
4 541
-
35 789
-
total
12 058
-
60 567
-
Employer
33 100
-
152 673
-
pensions
5 382
-
10 537
-
unemployment
811
-
3 741
-
accident
553
-
2 549
-
total
6 746
-
16 827
-
Corporate
129 655
169 500
-
-
income

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

116 689
152 550
-
-
total
116 689
152 550
-
-
Dividends
12 965
16 950
-
-
withholding
2 464
3 220
-
-
total
2 464
3 220
-
-
Income
169 500
169 500
169 500
169 500
Total tax
137 957
155 770
77 394
53 634
After tax
31 543
13 730
92 106
115 866
Living cost
21 042
21 042
21 042
21 042
Free-cash
10 501
-7 312
71 064
94 824

Estimated living cost  is ₽21042 per week

₽15422
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1166
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽439
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4015
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽151738
₽127779
₽153204
₽159984
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
169 500
microenterprise

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

-
-
-
1 695
total
-
-
-
1 695
Employee
9 776
-
169 500
-
income
1 955
-
33 900
-
total
1 955
-
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%.

159 724
169 500
-
-
total
-
-
-
-
Dividends
159 724
169 500
-
-
withholding
7 986
8 475
-
-
total
7 986
8 475
-
-
Income
169 500
169 500
169 500
169 500
Total tax
9 941
8 475
33 900
1 695
After tax
159 559
161 025
135 600
167 805
Living cost
7 821
7 821
7 821
7 821
Free-cash
151 738
153 204
127 779
159 984

Estimated living cost  is ₽7821 per week

₽4847
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽650
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽215
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2109
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽92931
₽70783
₽99322
₽70145
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
169 500
health
-
-
-
6 331
income
-
-
-
26 448
pensions

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

-
-
-
34 531
other
-
-
-
6 834
total
-
-
-
74 144
Employee
34 354
-
135 382
-
unemployment
343
-
1 354
-
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.

2 404
-
9 477
-
health
481
-
1 896
-
income
5 914
-
26 660
-
total
9 142
-
39 387
-
Employer
34 354
-
135 382
-
pensions

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

5 841
-
23 015
-
other
1 718
-
6 771
-
health
481
-
1 896
-
unemployment
343
-
1 354
-
accident
275
-
1 083
-
total
8 658
-
34 119
-
Corporate
126 488
169 500
-
-
income
26 563
35 594
-
-
total
26 563
35 594
-
-
Dividends
99 925
133 906
-
-
withholding
6 995
9 373
-
-
total
6 995
9 373
-
-
Income
169 500
169 500
169 500
169 500
Total tax
51 358
44 967
73 506
74 144
After tax
118 142
124 533
95 994
95 356
Living cost
25 211
25 211
25 211
25 211
Free-cash
92 931
99 322
70 783
70 145

Estimated living cost  is ₽25211 per week

₽17813
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1702
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽406
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5290
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽52381
₽34705
₽48352
₽50011
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
169 500
income
-
-
-
49 128
pensions
-
-
-
8 456
total
-
-
-
57 584
Employee
87 586
-
148 008
-
pensions
8 450
-
10 354
-
health
1 443
-
2 120
-
income
15 788
-
38 924
-
total
25 681
-
51 398
-
Employer
87 586
-
148 008
-
pensions
10 341
-
18 679
-
health
1 663
-
2 813
-
total
12 004
-
21 492
-
Corporate
69 909
169 500
-
-
income

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

13 283
32 205
-
-
total
13 283
32 205
-
-
Dividends
56 626
137 295
-
-
withholding
4 246
27 038
-
-
total
4 246
27 038
-
-
Income
169 500
169 500
169 500
169 500
Total tax
55 214
59 243
72 890
57 584
After tax
114 286
110 257
96 610
111 916
Living cost
61 905
61 905
61 905
61 905
Free-cash
52 381
48 352
34 705
50 011

Estimated living cost  is ₽61905 per week

₽46387
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽7273
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽504
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7742
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽128123
₽129524
₽132517
₽122846
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
169 500
health
-
-
-
3 801
income
-
-
-
25 425
pensions

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

-
-
-
4 891
unemployment
-
-
-
132
total
-
-
-
34 249
Employee
16 426
-
163 016
-
accident

We are using the highest rate at 1.1%.

181
-
364
-
pensions

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

1 442
-
2 902
-
health
756
-
1 520
-
income
1 642
-
16 301
-
total
4 021
-
21 087
-
Employer
16 426
-
163 016
-
pensions

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

1 810
-
3 642
-
health
1 134
-
2 280
-
unemployment
98
-
198
-
accident

We are using the highest rate at 1.1%.

181
-
364
-
total
3 223
-
6 484
-
Corporate
149 851
169 500
-
-
income
14 985
16 950
-
-
total
14 985
16 950
-
-
Dividends
134 866
152 550
-
-
withholding
6 743
7 628
-
-
total
6 743
7 628
-
-
Income
169 500
169 500
169 500
169 500
Total tax
28 972
24 578
27 571
34 249
After tax
140 528
144 922
141 929
135 251
Living cost
12 405
12 405
12 405
12 405
Free-cash
128 123
132 517
129 524
122 846

Estimated living cost  is ₽12405 per week

₽7242
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽886
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽329
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3948
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽33874
₽53742
₽31494
₽40915
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
169 500
health
-
-
-
11 667
income
-
-
-
53 367
pensions
-
-
-
11 085
total
-
-
-
76 119
Employee
87 721
80 798
151 917
-
pensions
11 085
11 085
11 085
-
health
10 944
10 549
11 667
-
income

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

13 225
13 225
22 957
-
total
35 254
34 859
45 709
-
Employer
87 721
80 798
151 917
-
pensions
6 105
5 624
6 990
-
health
6 096
5 616
6 979
-
unemployment
3 158
2 909
3 614
-
total
15 359
14 149
17 583
-
Corporate
66 421
74 553
-
-
income
13 285
14 910
-
-
total
13 285
14 910
-
-
Dividends
53 136
59 643
-
-
income
11 292
12 675
-
-
withholding
7 970
8 947
-
-
total
19 262
21 622
-
-
Income
169 500
169 500
169 500
169 500
Total tax
83 160
85 540
63 292
76 119
After tax
86 340
83 960
106 208
93 381
Living cost
52 466
52 466
52 466
52 466
Free-cash
33 874
31 494
53 742
40 915

Estimated living cost  is ₽52466 per week

₽38702
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4686
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽601
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8477
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽84862
₽64976
₽93234
₽72455
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
169 500
social contributions
-
-
-
33 769
health
-
-
-
22 882
income
-
-
-
16 927
solidarity contribution
-
-
-
-
total
-
-
-
73 578
Employee
34 511
-
128 980
-
solidarity contribution
-
-
-
-
health
4 659
-
17 412
-
social contributions
2 243
-
7 517
-
income
4 141
-
15 608
-
total
11 043
-
40 537
-
Employer
34 511
-
128 980
-
health
3 106
-
11 608
-
social contributions
8 628
-
28 912
-
total
11 734
-
40 520
-
Corporate
123 255
169 500
-
-
income
23 418
32 205
-
-
total
23 418
32 205
-
-
Dividends
99 837
137 295
-
-
withholding
14 976
20 594
-
-
total
14 976
20 594
-
-
Income
169 500
169 500
169 500
169 500
Total tax
61 171
52 799
81 057
73 578
After tax
108 329
116 701
88 443
95 922
Living cost
23 467
23 467
23 467
23 467
Free-cash
84 862
93 234
64 976
72 455

Estimated living cost  is ₽23467 per week

₽16301
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1669
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.
₽5036
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽45571
₽33260
₽50511
₽40919
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
43 595
municipal
-
-
-
1 007
regional
-
-
-
2 004
national
-
-
-
42 051
total
-
-
-
88 657
Employee
84 089
-
169 500
-
regional
793
-
1 769
-
municipal
445
-
900
-
national
14 571
-
36 492
-
social contributions
28 355
-
57 155
-
total
44 164
-
96 316
-
Employer
84 089
-
169 500
-
total
-
-
-
-
Corporate
85 411
169 500
-
-
municipal
3 331
6 611
-
-
nationa
20 499
40 681
-
-
total
23 830
47 292
-
-
Dividends
61 581
122 208
-
-
withholding
16 011
31 773
-
-
total
16 011
31 773
-
-
Income
169 500
169 500
169 500
169 500
Total tax
84 005
79 065
96 316
88 657
After tax
85 495
90 435
73 184
80 843
Living cost
39 924
39 924
39 924
39 924
Free-cash
45 571
50 511
33 260
40 919

Estimated living cost  is ₽39924 per week

₽27830
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2618
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽612
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8863
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽82794
₽53508
₽85736
₽59296
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
169 500
health
-
-
-
8 965
income
-
-
-
47 491
surtax
-
-
-
7 399
pensions
-
-
-
25 256
other
-
-
-
-
unemployment
-
-
-
215
total
-
-
-
89 326
Employee
31 289
-
142 919
-
unemployment
2 178
-
8 789
-
pensions
2 086
-
8 423
-
health
799
-
3 219
-
income
5 245
-
41 834
-
other
-
-
-
-
surtax
102
-
6 268
-
total
10 410
-
68 533
-
Employer
31 289
-
142 919
-
pensions
4 171
-
16 833
-
other
-
-
-
-
health
1 424
-
5 746
-
unemployment
991
-
4 002
-
total
6 586
-
26 581
-
Corporate
131 625
169 500
-
-
income
34 222
44 071
-
-
total
34 222
44 071
-
-
Dividends
97 403
125 429
-
-
withholding
14 610
18 815
-
-
total
14 610
18 815
-
-
Income
169 500
169 500
169 500
169 500
Total tax
65 828
62 886
95 114
89 326
After tax
103 672
106 614
74 386
80 174
Living cost
20 878
20 878
20 878
20 878
Free-cash
82 794
85 736
53 508
59 296

Estimated living cost  is ₽20878 per week

₽12766
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1927
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽481
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5704
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽74079
₽54318
₽67965
₽69624
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
169 500
income
-
-
-
49 128
pensions
-
-
-
8 456
total
-
-
-
57 584
Employee
58 698
-
148 008
-
pensions
4 982
-
10 354
-
health
852
-
2 120
-
income
10 572
-
38 924
-
total
16 406
-
51 398
-
Employer
58 698
-
148 008
-
pensions
6 354
-
18 679
-
health
1 115
-
2 813
-
total
7 469
-
21 492
-
Corporate
103 333
169 500
-
-
income

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

19 633
32 205
-
-
total
19 633
32 205
-
-
Dividends
83 700
137 295
-
-
withholding
9 621
27 038
-
-
total
9 621
27 038
-
-
Income
169 500
169 500
169 500
169 500
Total tax
53 129
59 243
72 890
57 584
After tax
116 371
110 257
96 610
111 916
Living cost
42 292
42 292
42 292
42 292
Free-cash
74 079
67 965
54 318
69 624

Estimated living cost  is ₽42292 per week

₽31685
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.
₽442
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6994
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details

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
₽34561
₽54420
₽2442
₽62256
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
169 500
health
-
-
-
382
pensions
-
-
-
15 594
other

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

-
-
-
3 389
regional
-
-
-
8 298
city
-
-
-
1 787
national
-
-
-
2 728
total
-
-
-
32 178
Employee
87 847
-
151 711
-
unemployment
-
-
-
-
pensions
7 380
-
12 744
-
regional
2 877
-
7 151
-
national
416
-
2 029
-
health
199
-
341
-
city
943
-
1 629
-
total
11 815
-
23 894
-
Employer
87 847
-
151 711
-
pensions
7 380
-
12 744
-
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.

1 756
-
3 035
-
health
199
-
341
-
unemployment
-
-
-
-
total
9 335
-
16 120
-
Corporate
71 352
169 500
-
-
regional
15 090
35 849
-
-
national
6 065
14 408
-
-
total
21 155
50 257
-
-
Dividends
50 196
119 243
-
-
withholding
17 568
41 735
-
-
total
17 568
41 735
-
-
Income
169 500
169 500
169 500
169 500
Total tax
59 873
91 992
40 014
32 178
After tax
109 627
77 508
129 486
137 322
Living cost
75 066
75 066
75 066
75 066
Free-cash
34 561
2 442
54 420
62 256

Estimated living cost  is ₽75066 per week

₽48815
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽6736
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽922
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽18593
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽55740
₽64083
₽40398
₽42558
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
169 500
health

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

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

-
-
-
6 464
trade
-
-
-
21 525
income

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

-
-
-
52 709
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.

-
-
-
2 900
total
-
-
-
83 598
Employee

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

56 862
-
169 500
-
health

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

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

6 464
-
6 464
-
income

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

6 686
-
52 709
-
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.

368
-
2 900
-
total
13 518
-
62 073
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
112 638
169 500
-
-
income
16 896
25 424
-
-
chamber of commerce
302
382
-
-
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.

930
1 399
-
-
trade
19 318
29 069
-
-
total
37 446
56 274
-
-
Dividends
75 192
113 225
-
-
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.

1 014
1 537
-
-
withholding
18 438
27 947
-
-
total
19 452
29 484
-
-
Income
169 500
169 500
169 500
169 500
Total tax
70 416
85 758
62 073
83 598
After tax
99 084
83 742
107 427
85 902
Living cost
43 344
43 344
43 344
43 344
Free-cash
55 740
40 398
64 083
42 558

Estimated living cost  is ₽43344 per week

₽31657
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3467
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽564
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7658
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽58645
₽60441
₽53056
₽63101
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
4 830
health
-
-
-
7 256
income
-
-
-
26 735
surtax
-
-
-
-
pensions
-
-
-
29 953
other
-
-
-
5 254
total
-
-
-
74 028
Employee
40 494
-
131 184
-
pensions
4 579
-
9 119
-
social contributions
1 155
-
3 738
-
income
2 390
-
25 514
-
surtax
-
-
-
-
total
8 124
-
38 371
-
Employer
40 494
-
131 184
-
pensions
6 652
-
15 356
-
other
1 397
-
5 118
-
health
2 835
-
12 137
-
unemployment
1 639
-
5 313
-
social contributions
122
-
393
-
total
12 645
-
38 317
-
Corporate
116 360
169 500
-
-
income
32 581
47 461
-
-
surtax
-
-
-
-
total
32 581
47 461
-
-
Dividends
83 779
122 039
-
-
surtax
-
-
-
-
social contributions
14 411
20 991
-
-
withholding
10 723
15 621
-
-
total
25 134
36 612
-
-
Income
169 500
169 500
169 500
169 500
Total tax
78 484
84 073
76 688
74 028
After tax
91 016
85 427
92 812
95 472
Living cost
32 371
32 371
32 371
32 371
Free-cash
58 645
53 056
60 441
63 101

Estimated living cost  is ₽32371 per week

₽20411
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2632
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽551
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8778
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽61521
₽63648
₽56263
₽66308
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
4 830
health
-
-
-
7 256
income
-
-
-
26 735
surtax
-
-
-
-
pensions
-
-
-
29 953
other
-
-
-
5 254
total
-
-
-
74 028
Employee
36 147
-
131 184
-
pensions
4 088
-
9 119
-
social contributions
1 031
-
3 738
-
income
1 864
-
25 514
-
surtax
-
-
-
-
total
6 983
-
38 371
-
Employer
36 147
-
131 184
-
pensions
5 940
-
15 356
-
other
1 248
-
5 118
-
health
2 530
-
12 137
-
unemployment
1 463
-
5 313
-
social contributions
108
-
393
-
total
11 289
-
38 317
-
Corporate
122 065
169 500
-
-
income
34 178
47 461
-
-
surtax
-
-
-
-
total
34 178
47 461
-
-
Dividends
87 887
122 039
-
-
surtax
-
-
-
-
social contributions
15 116
20 991
-
-
withholding
11 249
15 621
-
-
total
26 365
36 612
-
-
Income
169 500
169 500
169 500
169 500
Total tax
78 815
84 073
76 688
74 028
After tax
90 685
85 427
92 812
95 472
Living cost
29 164
29 164
29 164
29 164
Free-cash
61 521
56 263
63 648
66 308

Estimated living cost  is ₽29164 per week

₽16914
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2963
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.
₽8735
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽83838
₽85211
₽83348
₽88792
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
169 500
social contributions
-
-
-
23 390
health
-
-
-
11 831
income
-
-
-
25 424
total
-
-
-
60 645
Employee
32 080
-
169 500
-
health
2 239
-
11 831
-
social contributions
4 428
-
23 390
-
income
5 351
-
29 005
-
total
12 018
-
64 226
-
Employer
32 080
-
169 500
-
total
-
-
-
-
Corporate
137 420
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%.

6 871
8 475
-
-
total
6 871
8 475
-
-
Dividends
130 548
161 025
-
-
health
9 112
11 240
-
-
social contributions
18 016
22 221
-
-
withholding
19 582
24 153
-
-
total
46 710
57 614
-
-
Income
169 500
169 500
169 500
169 500
Total tax
65 599
66 089
64 226
60 645
After tax
103 901
103 411
105 274
108 855
Living cost
20 063
20 063
20 063
20 063
Free-cash
83 838
83 348
85 211
88 792

Estimated living cost  is ₽20063 per week

₽13427
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1237
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽461
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4936
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽58955
₽11557
₽60417
₽53662
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
169 500
health
-
-
-
8 455
surtax
-
-
-
187
income
-
-
-
46 926
chamber of commerce
-
-
-
679
pensions
-
-
-
20 449
unemployment
-
-
-
5 803
total
-
-
-
82 499
Employee
47 285
37 706
135 667
-
unemployment
1 418
1 131
3 316
-
pensions
4 842
3 860
11 319
-
health
1 830
1 460
4 277
-
income
5 383
2 781
37 736
-
other
472
377
1 106
-
total
13 945
9 609
57 754
-
Employer
47 285
37 706
135 667
-
chamber of commerce
189
151
542
-
pensions
5 934
4 733
13 872
-
other
2 246
1 790
6 230
-
health
1 787
1 426
4 178
-
unemployment
1 418
1 131
3 316
-
accident
614
490
1 436
-
surtax
187
187
187
-
payroll
1 418
1 131
4 070
-
total
13 793
11 039
33 831
-
Corporate
108 422
120 755
132 076
-
income

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

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

27 105
30 190
33 019
-
total
27 105
30 190
33 019
-
Dividends
81 317
90 566
-
-
withholding
22 363
24 906
-
-
total
22 363
24 906
-
-
Income
169 500
169 500
169 500
169 500
Total tax
77 206
75 744
124 604
82 499
After tax
92 294
93 756
44 896
87 001
Living cost
33 339
33 339
33 339
33 339
Free-cash
58 955
60 417
11 557
53 662

Estimated living cost  is ₽33339 per week

₽22236
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2844
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽548
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7712
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽46100
₽25017
₽60293
₽39005
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
169 500
social contributions
-
-
-
23 589
communal

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

-
-
-
8 755
national
-
-
-
63 653
total
-
-
-
95 997
Employee

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

67 679
-
131 284
-
unemployment

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

589
-
1 142
-
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.

5 076
-
9 847
-
national
20 807
-
47 761
-
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.

3 180
-
6 171
-
communal

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

3 530
-
6 848
-
total
33 182
-
71 769
-
Employer

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

67 679
-
131 284
-
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.

5 997
-
11 631
-
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.

4 162
-
8 073
-
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.

988
-
1 918
-
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.

880
-
1 706
-
surtax
7 674
-
14 888
-
total
19 701
-
38 216
-
Corporate
82 120
169 500
-
-
income
16 424
33 899
-
-
surtax
329
679
-
-
total
16 753
34 578
-
-
Dividends
65 368
134 922
-
-
withholding

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

19 266
40 131
-
-
total
19 266
40 131
-
-
Income
169 500
169 500
169 500
169 500
Total tax
88 902
74 709
109 985
95 997
After tax
80 598
94 791
59 515
73 503
Living cost
34 498
34 498
34 498
34 498
Free-cash
46 100
60 293
25 017
39 005

Estimated living cost  is ₽34498 per week

₽22221
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3016
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽540
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8721
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽72296
₽56952
₽78779
₽60921
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
790
income
-
-
-
48 099
pensions
-
-
-
24 818
other
-
-
-
88
unemployment
-
-
-
614
total
-
-
-
74 409
Employee
47 097
-
141 542
-
unemployment
731
-
1 359
-
pensions
2 214
-
4 122
-
income
9 937
-
44 851
-
other
47
-
88
-
total
12 929
-
50 420
-
Employer
47 097
-
141 542
-
pensions
11 114
-
20 697
-
other
375
-
702
-
unemployment
2 591
-
4 823
-
accident
932
-
1 736
-
total
15 012
-
27 958
-
Corporate
107 390
169 500
-
-
income

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

16 109
25 424
-
-
total
16 109
25 424
-
-
Dividends
91 281
144 076
-
-
withholding
18 984
31 127
-
-
total
18 984
31 127
-
-
Income
169 500
169 500
169 500
169 500
Total tax
63 034
56 551
78 378
74 409
After tax
106 466
112 949
91 122
95 091
Living cost
34 170
34 170
34 170
34 170
Free-cash
72 296
78 779
56 952
60 921

Estimated living cost  is ₽34170 per week

₽25162
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2424
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽492
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6090
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Barcelona model

Close
Luxembourg , Luxembourg
₽35358
₽38822
₽47542
₽32067
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
169 500
accident
-
-
-
1 429
health
-
-
-
11 908
income
-
-
-
28 157
surtax
-
-
-
8 403
pensions
-
-
-
25 406
communal
-
-
-
10 712
total
-
-
-
86 015
Employee
71 652
-
151 407
-
pensions
5 731
-
12 113
-
health
3 189
-
6 739
-
income
6 921
-
33 035
-
surtax
4 392
-
9 279
-
total
20 233
-
61 166
-
Employer
71 652
-
151 407
-
pensions
5 731
-
12 113
-
health
2 185
-
4 618
-
accident
645
-
1 363
-
total
8 561
-
18 094
-
Corporate
89 287
169 500
-
-
income
13 393
25 424
-
-
communal
6 028
11 441
-
-
surtax
937
1 779
-
-
total
20 358
38 644
-
-
Dividends
68 930
130 855
-
-
income
23 232
12 267
-
-
withholding
10 340
19 629
-
-
total
33 572
31 896
-
-
Income
169 500
169 500
169 500
169 500
Total tax
82 724
70 540
79 260
86 015
After tax
86 776
98 960
90 240
83 485
Living cost
51 418
51 418
51 418
51 418
Free-cash
35 358
47 542
38 822
32 067

Estimated living cost  is ₽51418 per week

₽38571
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3115
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽544
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9186
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽82355
₽53134
₽85362
₽58922
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
169 500
health
-
-
-
8 965
income
-
-
-
47 491
surtax
-
-
-
7 399
pensions
-
-
-
25 256
other
-
-
-
-
unemployment
-
-
-
215
total
-
-
-
89 326
Employee
31 863
-
142 919
-
unemployment
2 217
-
8 789
-
pensions
2 126
-
8 423
-
health
813
-
3 219
-
income
5 342
-
41 834
-
other
-
-
-
-
surtax
113
-
6 268
-
total
10 611
-
68 533
-
Employer
31 863
-
142 919
-
pensions
4 248
-
16 833
-
other
-
-
-
-
health
1 449
-
5 746
-
unemployment
1 011
-
4 002
-
total
6 708
-
26 581
-
Corporate
130 929
169 500
-
-
income
34 041
44 071
-
-
total
34 041
44 071
-
-
Dividends
96 888
125 429
-
-
withholding
14 533
18 815
-
-
total
14 533
18 815
-
-
Income
169 500
169 500
169 500
169 500
Total tax
65 893
62 886
95 114
89 326
After tax
103 607
106 614
74 386
80 174
Living cost
21 252
21 252
21 252
21 252
Free-cash
82 355
85 362
53 134
58 922

Estimated living cost  is ₽21252 per week

₽12831
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1848
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽494
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6081
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽61504
₽47185
₽63604
₽54804
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
43 595
municipal
-
-
-
1 007
regional
-
-
-
2 556
national
-
-
-
42 051
total
-
-
-
89 209
Employee
52 485
-
169 500
-
regional
707
-
2 281
-
municipal
278
-
900
-
national
8 315
-
36 492
-
social contributions
17 698
-
57 155
-
total
26 998
-
96 828
-
Employer
52 485
-
169 500
-
total
-
-
-
-
Corporate
117 015
169 500
-
-
municipal
5 816
8 425
-
-
nationa
28 084
40 681
-
-
total
33 900
49 106
-
-
Dividends
83 116
120 395
-
-
withholding
21 611
31 303
-
-
total
21 611
31 303
-
-
Income
169 500
169 500
169 500
169 500
Total tax
82 509
80 409
96 828
89 209
After tax
86 991
89 091
72 672
80 291
Living cost
25 487
25 487
25 487
25 487
Free-cash
61 504
63 604
47 185
54 804

Estimated living cost  is ₽25487 per week

₽15851
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2582
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽436
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6618
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽77467
₽59525
₽87783
₽67004
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
169 500
social contributions
-
-
-
33 769
health
-
-
-
22 882
income
-
-
-
16 927
solidarity contribution
-
-
-
-
total
-
-
-
73 578
Employee
42 527
-
128 980
-
solidarity contribution
-
-
-
-
health
5 741
-
17 412
-
social contributions
2 764
-
7 517
-
income
5 103
-
15 608
-
total
13 608
-
40 537
-
Employer
42 527
-
128 980
-
health
3 827
-
11 608
-
social contributions
10 632
-
28 912
-
total
14 459
-
40 520
-
Corporate
112 514
169 500
-
-
income
21 378
32 205
-
-
total
21 378
32 205
-
-
Dividends
91 137
137 295
-
-
withholding
13 670
20 594
-
-
total
13 670
20 594
-
-
Income
169 500
169 500
169 500
169 500
Total tax
63 115
52 799
81 057
73 578
After tax
106 385
116 701
88 443
95 922
Living cost
28 918
28 918
28 918
28 918
Free-cash
77 467
87 783
59 525
67 004

Estimated living cost  is ₽28918 per week

₽21505
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1602
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽500
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5310
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽63203
₽14754
₽63674
₽57002
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
169 500
health
-
-
-
8 455
surtax
-
-
-
-
income
-
-
-
46 926
chamber of commerce
-
-
-
679
pensions
-
-
-
20 449
unemployment
-
-
-
5 803
total
-
-
-
82 312
Employee
41 359
37 706
135 840
-
unemployment
1 241
1 131
3 316
-
pensions
4 236
3 860
11 319
-
health
1 600
1 460
4 277
-
income
3 684
2 781
37 819
-
other
413
377
1 106
-
total
11 174
9 609
57 837
-
Employer
41 359
37 706
135 840
-
chamber of commerce
165
151
544
-
pensions
5 191
4 733
13 872
-
other
1 964
1 790
6 238
-
health
1 564
1 426
4 178
-
unemployment
1 241
1 131
3 316
-
accident
537
490
1 436
-
surtax
-
-
-
-
payroll
1 241
1 131
4 076
-
total
11 903
10 852
33 660
-
Corporate
116 238
120 942
132 249
-
income

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

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

29 060
30 236
33 063
-
total
29 060
30 236
33 063
-
Dividends
87 178
90 706
-
-
withholding
23 974
24 943
-
-
total
23 974
24 943
-
-
Income
169 500
169 500
169 500
169 500
Total tax
76 111
75 640
124 560
82 312
After tax
93 389
93 860
44 940
87 188
Living cost
30 186
30 186
30 186
30 186
Free-cash
63 203
63 674
14 754
57 002

Estimated living cost  is ₽30186 per week

₽18108
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3083
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽539
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8457
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽146552
₽123412
₽148837
₽155617
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
15 235
-
169 500
-
income
3 047
-
33 900
-
total
3 047
-
33 900
-
Employer
-
-
-
-
total
-
-
-
-
Corporate

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

154 265
169 500
-
-
total
-
-
-
-
Dividends
154 265
169 500
-
-
withholding
7 713
8 475
-
-
total
7 713
8 475
-
-
Income
169 500
169 500
169 500
169 500
Total tax
10 760
8 475
33 900
1 695
After tax
158 740
161 025
135 600
167 805
Living cost
12 188
12 188
12 188
12 188
Free-cash
146 552
148 837
123 412
155 617

Estimated living cost  is ₽12188 per week

₽8248
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽512
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽409
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3020
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽83409
₽52771
₽91323
₽57261
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

A sole-trader pays social contribution from 75% of the assessed income made in the last year.

The minimum monthly assessed income used to calculate contributions is 60% of the insured's average monthly wage in the last year.

The maximum assessed income used to calculate contributions is 3.5 times the insured's average monthly wage in the last year.

-
-
-
169 500
health
-
-
-
16 680
income
-
-
-
38 971
pensions
-
-
-
30 955
unemployment
-
-
-
255
total
-
-
-
86 861
Employee

The minimum monthly earnings used to calculate contributions are 54% (gradually rising by two percent until reaching 60% by 2021) of the insured's average monthly wage in the last year.

41 839
-
146 665
-
unemployment
59
-
205
-
pensions
6 485
-
22 733
-
health
2 702
-
9 475
-
income
7 215
-
36 102
-
total
16 461
-
68 515
-
Employer

The minimum monthly earnings used to calculate contributions are 54% (gradually rising by two percent until reaching 60% by 2021) of the insured's average monthly wage in the last year.

41 839
-
146 665
-
pensions
3 702
-
12 980
-
health
2 787
-
9 768
-
unemployment
25
-
88
-
total
6 514
-
22 836
-
Corporate
121 147
169 500
-
-
income
23 018
32 204
-
-
total
23 018
32 204
-
-
Dividends
98 128
137 296
-
-
withholding
14 720
20 595
-
-
total
14 720
20 595
-
-
Income
169 500
169 500
169 500
169 500
Total tax
60 713
52 799
91 351
86 861
After tax
108 787
116 701
78 149
82 639
Living cost
25 378
25 378
25 378
25 378
Free-cash
83 409
91 323
52 771
57 261

Estimated living cost  is ₽25378 per week

₽17416
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1627
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽492
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5844
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽17186
₽116161
₽62248
₽76262
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
169 500
social contributions
-
-
-
19 323
income
-
-
-
33 039
total
-
-
-
52 362
Employee
58 610
-
-
-
social contributions
4 806
-
685
-
income
12 928
-
-
-
total
17 734
-
685
-
Employer
58 610
-
-
-
social contributions
82 641
-
11 778
-
total
82 641
-
11 778
-
Corporate
28 249
169 500
-
-
income
6 215
37 290
-
-
total
6 215
37 290
-
-
Dividends
22 034
132 210
-
-
income
4 848
29 086
-
-
total
4 848
29 086
-
-
Income
169 500
169 500
169 500
169 500
Total tax
111 438
66 376
12 463
52 362
After tax
58 062
103 124
157 037
117 138
Living cost
40 876
40 876
40 876
40 876
Free-cash
17 186
62 248
116 161
76 262

Estimated living cost  is ₽40876 per week

₽26522
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3844
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.
₽9989
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽65781
₽48065
₽66734
₽60915
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
169 500
social contributions

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

-
-
-
58 902
income
-
-
-
20 005
surtax
-
-
-
-
total
-
-
-
78 907
Employee
43 516
-
136 969
-
social contributions
4 787
-
15 066
-
income
9 051
-
44 162
-
surtax
-
-
-
-
total
13 838
-
59 228
-
Employer
43 516
-
136 969
-
social contributions
10 335
-
32 529
-
total
10 335
-
32 529
-
Corporate
115 649
169 500
-
-
income
24 286
35 594
-
-
surtax
-
-
-
-
total
24 286
35 594
-
-
Dividends
91 363
133 906
-
-
withholding
25 582
37 494
-
-
total
25 582
37 494
-
-
Income
169 500
169 500
169 500
169 500
Total tax
74 041
73 088
91 757
78 907
After tax
95 459
96 412
77 743
90 593
Living cost
29 678
29 678
29 678
29 678
Free-cash
65 781
66 734
48 065
60 915

Estimated living cost  is ₽29678 per week

₽22205
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1751
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽496
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5227
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽46233
₽47114
₽39729
₽49774
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
4 830
health
-
-
-
7 256
income
-
-
-
26 735
surtax
-
-
-
-
pensions
-
-
-
29 953
other
-
-
-
5 254
total
-
-
-
74 028
Employee
59 260
-
131 184
-
pensions
6 703
-
9 119
-
social contributions
1 688
-
3 738
-
income
5 171
-
25 514
-
surtax
-
-
-
-
total
13 562
-
38 371
-
Employer
59 260
-
131 184
-
pensions
9 737
-
15 356
-
other
2 045
-
5 118
-
health
4 148
-
12 137
-
unemployment
2 401
-
5 313
-
social contributions
178
-
393
-
total
18 509
-
38 317
-
Corporate
91 732
169 500
-
-
income
25 685
47 461
-
-
surtax
-
-
-
-
total
25 685
47 461
-
-
Dividends
66 047
122 039
-
-
surtax
-
-
-
-
social contributions
11 360
20 991
-
-
withholding
8 453
15 621
-
-
total
19 813
36 612
-
-
Income
169 500
169 500
169 500
169 500
Total tax
77 569
84 073
76 688
74 028
After tax
91 931
85 427
92 812
95 472
Living cost
45 698
45 698
45 698
45 698
Free-cash
46 233
39 729
47 114
49 774

Estimated living cost  is ₽45698 per week

₽30928
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3738
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽627
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10405
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽120931
₽100797
₽124109
₽96295
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
37 289
income
-
-
-
7 475
total
-
-
-
44 764
Employee
30 418
-
146 754
-
social contributions
1 977
-
9 540
-
income
-
-
7 976
-
total
1 977
-
17 516
-
Employer
30 418
-
146 754
-
social contributions
4 715
-
22 746
-
total
4 715
-
22 746
-
Corporate
134 367
169 500
-
-
income
13 436
16 950
-
-
total
13 436
16 950
-
-
Dividends
120 931
152 550
-
-
total
-
-
-
-
Income
169 500
169 500
169 500
169 500
Total tax
20 128
16 950
40 262
44 764
After tax
149 372
152 550
129 238
124 736
Living cost
28 441
28 441
28 441
28 441
Free-cash
120 931
124 109
100 797
96 295

Estimated living cost  is ₽28441 per week

₽18390
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2144
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽535
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7372
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽36520
-₽36520
-₽36520
₽54259
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
municipal
-
-
-
35 395
pensions
-
-
-
820
labour market
-
-
-
13 494
national
-
-
-
19 993
total
-
-
-
69 702
Employee
192 210
192 210
192 210
-
pensions
273
273
273
-
municipal
40 930
40 930
40 930
-
national
23 482
23 482
23 482
-
labour market
15 355
15 355
15 355
-
total
80 040
80 040
80 040
-
Employer
192 210
192 210
192 210
-
municipal
40 995
40 995
40 995
-
pensions
546
546
546
-
national
23 523
23 523
23 523
-
labour market
15 377
15 377
15 377
-
total
80 441
80 441
80 441
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
169 500
169 500
169 500
169 500
Total tax
160 481
160 481
160 481
69 702
After tax
9 019
9 019
9 019
99 798
Living cost
45 539
45 539
45 539
45 539
Free-cash
-36 520
-36 520
-36 520
54 259

Estimated living cost  is ₽45539 per week

₽31168
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4028
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽700
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9643
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽10550
₽71375
-₽7001
₽95135
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
242
health
-
-
-
2 086
income
-
-
-
46 972
pensions
-
-
-
3 980
other
-
-
-
354
total
-
-
-
53 634
Employee
32 612
-
152 673
-
pensions
3 672
-
7 297
-
health
3 734
-
17 481
-
income
4 474
-
35 789
-
total
11 880
-
60 567
-
Employer
32 612
-
152 673
-
pensions
5 303
-
10 537
-
unemployment
799
-
3 741
-
accident
545
-
2 549
-
total
6 647
-
16 827
-
Corporate
130 242
169 500
-
-
income

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

117 218
152 550
-
-
total
117 218
152 550
-
-
Dividends
13 024
16 950
-
-
withholding
2 474
3 220
-
-
total
2 474
3 220
-
-
Income
169 500
169 500
169 500
169 500
Total tax
138 219
155 770
77 394
53 634
After tax
31 281
13 730
92 106
115 866
Living cost
20 731
20 731
20 731
20 731
Free-cash
10 550
-7 001
71 375
95 135

Estimated living cost  is ₽20731 per week

₽15090
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1182
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽389
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4070
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽72159
₽52411
₽69711
₽72587
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
2 216
municipal
-
-
-
30 111
national
-
-
-
28 260
total
-
-
-
60 587
Employee
49 779
-
142 592
-
unemployment
747
-
2 138
-
pensions
3 359
-
9 626
-
municipal
8 153
-
23 225
-
national
822
-
17 066
-
health
372
-
1 801
-
total
13 453
-
53 856
-
Employer
49 779
-
142 592
-
pensions
8 636
-
24 740
-
health
382
-
1 099
-
unemployment
323
-
926
-
accident
50
-
142
-
total
9 391
-
26 907
-
Corporate
110 328
169 500
-
-
income
22 065
33 899
-
-
total
22 065
33 899
-
-
Dividends

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

66 198
101 701
-
-
national
4 191
11 259
-
-
municipal
11 915
18 305
-
-
total
16 106
29 564
-
-
Income
169 500
169 500
169 500
169 500
Total tax
61 015
63 463
80 763
60 587
After tax
108 485
106 037
88 737
108 913
Living cost
36 326
36 326
36 326
36 326
Free-cash
72 159
69 711
52 411
72 587

Estimated living cost  is ₽36326 per week

₽23728
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3494
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽578
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8527
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽96586
₽92324
₽101737
₽93805
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
169 500
social contributions
-
-
-
15 309
health
-
-
-
4 322
income
-
-
-
34 158
total
-
-
-
53 789
Employee
72 755
72 755
158 425
-
health
564
1 237
2 693
-
social contributions
2 751
6 038
8 144
-
income
7 922
6 735
33 359
-
total
11 237
14 010
44 196
-
Employer
72 755
72 755
158 425
-
health
612
1 347
2 930
-
social contributions
2 751
6 038
8 144
-
total
3 363
7 385
11 074
-
Corporate
132 995
89 360
-
-
income
16 625
11 170
-
-
total
16 625
11 170
-
-
Dividends
116 370
78 190
-
-
withholding
19 783
13 292
-
-
total
19 783
13 292
-
-
Income
169 500
169 500
169 500
169 500
Total tax
51 008
45 857
55 270
53 789
After tax
118 492
123 643
114 230
115 711
Living cost
21 906
21 906
21 906
21 906
Free-cash
96 586
101 737
92 324
93 805

Estimated living cost  is ₽21906 per week

₽13129
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2149
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.
₽6144
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽120526
₽108762
₽125340
₽127739
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

By law (Article 9 §1 (7); Article 10 §1 (7); Article 11 §1 (5)) a social contribution base is set as:

  • up to €9,000.00, 60% of the average monthly wage in Montenegro
  • up to €15,000.00, 100% of the average monthly wage in Montenegro
  • in excess of €15,000, 150% of the average monthly wage in Montenegro
-
-
-
169 500
health
-
-
-
3 424
income
-
-
-
17 269
pensions
-
-
-
6 019
unemployment
-
-
-
27
total
-
-
-
26 739
Employee

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

21 718
-
160 253
-
unemployment
108
-
449
-
pensions
3 257
-
13 466
-
health
1 846
-
7 631
-
income
1 485
-
14 923
-
total
6 696
-
36 469
-
Employer

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

21 718
-
160 253
-
pensions
1 194
-
4 938
-
health
934
-
3 860
-
unemployment
108
-
449
-
total
2 236
-
9 247
-
Corporate
145 547
169 500
-
-
income
13 100
15 255
-
-
total
13 100
15 255
-
-
Dividends
132 447
154 245
-
-
withholding
11 920
13 883
-
-
total
11 920
13 883
-
-
Income
169 500
169 500
169 500
169 500
Total tax
33 952
29 138
45 716
26 739
After tax
135 548
140 362
123 784
142 761
Living cost
15 022
15 022
15 022
15 022
Free-cash
120 526
125 340
108 762
127 739

Estimated living cost  is ₽15022 per week

₽9584
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1083
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽447
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3907
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽82751
₽65104
₽86931
₽69073
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
790
income
-
-
-
48 099
pensions
-
-
-
24 818
other
-
-
-
88
unemployment
-
-
-
614
total
-
-
-
74 409
Employee
34 985
-
141 542
-
unemployment
542
-
1 359
-
pensions
1 645
-
4 122
-
income
6 745
-
44 851
-
other
34
-
88
-
total
8 966
-
50 420
-
Employer
34 985
-
141 542
-
pensions
8 256
-
20 697
-
other
280
-
702
-
unemployment
1 925
-
4 823
-
accident
693
-
1 736
-
total
11 154
-
27 958
-
Corporate
123 361
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.

18 505
25 424
-
-
total
18 505
25 424
-
-
Dividends
104 857
144 076
-
-
withholding
22 106
31 127
-
-
total
22 106
31 127
-
-
Income
169 500
169 500
169 500
169 500
Total tax
60 731
56 551
78 378
74 409
After tax
108 769
112 949
91 122
95 091
Living cost
26 018
26 018
26 018
26 018
Free-cash
82 751
86 931
65 104
69 073

Estimated living cost  is ₽26018 per week

₽17562
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2501
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽456
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5500
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽103602
₽107090
₽103908
₽107222
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
169 500
health
-
-
-
984
income
-
-
-
58 077
pensions
-
-
-
1 357
total
-
-
-
60 418
Employee
2 833
-
167 973
-
unemployment
28
-
68
-
pensions
255
-
611
-
health
142
-
339
-
income
548
-
58 005
-
total
973
-
59 023
-
Employer
2 833
-
167 973
-
pensions
312
-
746
-
health
269
-
645
-
unemployment
57
-
136
-
total
638
-
1 527
-
Corporate
166 029
169 500
-
-
income
36 526
37 290
-
-
total
36 526
37 290
-
-
Dividends
129 503
132 210
-
-
withholding
25 901
26 442
-
-
total
25 901
26 442
-
-
Income
169 500
169 500
169 500
169 500
Total tax
64 038
63 732
60 550
60 418
After tax
105 462
105 768
108 950
109 082
Living cost
1 860
1 860
1 860
1 860
Free-cash
103 602
103 908
107 090
107 222

Estimated living cost  is ₽1860 per week

₽1106
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽151
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽43
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽561
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽101453
₽88296
₽106106
₽88294
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

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

-
-
-
169 500
health
-
-
-
7 200
income
-
-
-
38 424
pensions
-
-
-
18 175
unemployment
-
-
-
1 049
total
-
-
-
64 848
Employee

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

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

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

24 666
-
156 987
-
unemployment
185
-
524
-
pensions
3 453
-
9 786
-
health
1 270
-
3 600
-
income
3 400
-
38 424
-
total
8 308
-
52 334
-
Employer

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

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

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

24 666
-
156 987
-
pensions
2 960
-
8 388
-
health
1 270
-
3 600
-
unemployment
185
-
524
-
total
4 415
-
12 512
-
Corporate
140 418
169 500
-
-
income
21 063
25 425
-
-
total
21 063
25 425
-
-
Dividends
119 356
144 075
-
-
withholding
17 903
21 611
-
-
total
17 903
21 611
-
-
Income
169 500
169 500
169 500
169 500
Total tax
51 689
47 036
64 846
64 848
After tax
117 811
122 464
104 654
104 652
Living cost
16 358
16 358
16 358
16 358
Free-cash
101 453
106 106
88 296
88 294

Estimated living cost  is ₽16358 per week

₽11014
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1265
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽473
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3605
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽70564
₽52235
₽70904
₽65085
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
169 500
social contributions

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

-
-
-
58 902
income
-
-
-
20 005
surtax
-
-
-
-
total
-
-
-
78 907
Employee
36 722
-
136 969
-
social contributions
4 040
-
15 066
-
income
7 175
-
44 162
-
surtax
-
-
-
-
total
11 215
-
59 228
-
Employer
36 722
-
136 969
-
social contributions
8 721
-
32 529
-
total
8 721
-
32 529
-
Corporate
124 057
169 500
-
-
income
26 051
35 594
-
-
surtax
-
-
-
-
total
26 051
35 594
-
-
Dividends
98 006
133 906
-
-
withholding
27 441
37 494
-
-
total
27 441
37 494
-
-
Income
169 500
169 500
169 500
169 500
Total tax
73 428
73 088
91 757
78 907
After tax
96 072
96 412
77 743
90 593
Living cost
25 508
25 508
25 508
25 508
Free-cash
70 564
70 904
52 235
65 085

Estimated living cost  is ₽25508 per week

₽18066
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1772
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽452
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5218
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽73505
₽57870
₽79697
₽61839
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
790
income
-
-
-
48 099
pensions
-
-
-
24 818
other
-
-
-
88
unemployment
-
-
-
614
total
-
-
-
74 409
Employee
45 695
-
141 542
-
unemployment
707
-
1 359
-
pensions
2 147
-
4 122
-
income
9 544
-
44 851
-
other
45
-
88
-
total
12 443
-
50 420
-
Employer
45 695
-
141 542
-
pensions
10 784
-
20 697
-
other
366
-
702
-
unemployment
2 514
-
4 823
-
accident
905
-
1 736
-
total
14 569
-
27 958
-
Corporate
109 236
169 500
-
-
income

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

16 386
25 424
-
-
total
16 386
25 424
-
-
Dividends
92 850
144 076
-
-
withholding
19 345
31 127
-
-
total
19 345
31 127
-
-
Income
169 500
169 500
169 500
169 500
Total tax
62 743
56 551
78 378
74 409
After tax
106 757
112 949
91 122
95 091
Living cost
33 252
33 252
33 252
33 252
Free-cash
73 505
79 697
57 870
61 839

Estimated living cost  is ₽33252 per week

₽23880
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2586
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽469
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6318
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽122880
₽125653
₽128646
₽118975
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
169 500
health
-
-
-
3 801
income
-
-
-
25 425
pensions

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

-
-
-
4 891
unemployment
-
-
-
132
total
-
-
-
34 249
Employee
21 552
-
163 016
-
accident

We are using the highest rate at 1.1%.

237
-
364
-
pensions

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

1 892
-
2 902
-
health
991
-
1 520
-
income
2 156
-
16 301
-
total
5 276
-
21 087
-
Employer
21 552
-
163 016
-
pensions

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

2 375
-
3 642
-
health
1 487
-
2 280
-
unemployment
129
-
198
-
accident

We are using the highest rate at 1.1%.

237
-
364
-
total
4 228
-
6 484
-
Corporate
143 720
169 500
-
-
income
14 372
16 950
-
-
total
14 372
16 950
-
-
Dividends
129 348
152 550
-
-
withholding
6 468
7 628
-
-
total
6 468
7 628
-
-
Income
169 500
169 500
169 500
169 500
Total tax
30 344
24 578
27 571
34 249
After tax
139 156
144 922
141 929
135 251
Living cost
16 276
16 276
16 276
16 276
Free-cash
122 880
128 646
125 653
118 975

Estimated living cost  is ₽16276 per week

₽10765
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽932
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽388
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4192
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽63079
₽70898
₽50701
₽52887
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
169 500
health

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

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

-
-
-
6 464
trade
-
-
-
18 011
income

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

-
-
-
52 709
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.

-
-
-
2 900
total
-
-
-
80 084
Employee

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

47 077
-
169 500
-
health

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

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

6 464
-
6 464
-
income

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

3 871
-
52 709
-
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.

214
-
2 900
-
total
10 549
-
62 073
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
122 423
169 500
-
-
income
18 363
25 424
-
-
chamber of commerce
323
391
-
-
surtax

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

1 009
1 399
-
-
trade
17 567
24 324
-
-
total
37 262
51 538
-
-
Dividends
85 161
117 962
-
-
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.

1 151
1 602
-
-
withholding
20 930
29 130
-
-
total
22 081
30 732
-
-
Income
169 500
169 500
169 500
169 500
Total tax
69 892
82 270
62 073
80 084
After tax
99 608
87 230
107 427
89 416
Living cost
36 529
36 529
36 529
36 529
Free-cash
63 079
50 701
70 898
52 887

Estimated living cost  is ₽36529 per week

₽25198
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3930
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽530
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6870
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽66841
₽35098
₽64754
₽35098
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
169 500
social contributions
-
-
-
28 344
income
-
-
-
52 161
total
-
-
-
80 505
Employee
74 011
-
169 500
-
social contributions
6 149
-
28 344
-
income
13 965
-
52 161
-
total
20 114
-
80 505
-
Employer
74 011
-
169 500
-
total
-
-
-
-
Corporate
95 489
169 500
-
-
income
11 937
21 187
-
-
total
11 937
21 187
-
-
Dividends
83 553
148 313
-
-
withholding
16 711
29 662
-
-
total
16 711
29 662
-
-
Income
169 500
169 500
169 500
169 500
Total tax
48 762
50 849
80 505
80 505
After tax
120 738
118 651
88 995
88 995
Living cost
53 897
53 897
53 897
53 897
Free-cash
66 841
64 754
35 098
35 098

Estimated living cost  is ₽53897 per week

₽41004
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4392
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽515
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7986
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽74136
₽85999
₽70830
₽102339
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

We use The Residence Programme or The Global Residence Programme.

-
-
-
169 500
income
-
-
-
26 933
health

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

-
-
-
5 882
total
-
-
-
32 815
Employee
43 404
-
165 148
-
social contributions
4 349
-
4 352
-
income
4 710
-
40 451
-
total
9 059
-
44 803
-
Employer
43 404
-
165 148
-
social contributions
4 349
-
4 352
-
total
4 349
-
4 352
-
Corporate
121 747
169 500
-
-
income
42 611
59 325
-
-
total
42 611
59 325
-
-
Dividends
79 136
110 175
-
-
social contributions
4 999
4 999
-
-
total
4 999
4 999
-
-
Income
169 500
169 500
169 500
169 500
Total tax
61 018
64 324
49 155
32 815
After tax
108 482
105 176
120 345
136 685
Living cost
34 346
34 346
34 346
34 346
Free-cash
74 136
70 830
85 999
102 339

Estimated living cost  is ₽34346 per week

₽22623
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2708
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽526
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8487
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽81355
₽62228
₽75875
₽77534
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
169 500
income
-
-
-
49 128
pensions
-
-
-
8 456
total
-
-
-
57 584
Employee
47 194
-
148 008
-
pensions
3 602
-
10 354
-
health
616
-
2 120
-
income
8 594
-
38 924
-
total
12 812
-
51 398
-
Employer
47 194
-
148 008
-
pensions
4 768
-
18 679
-
health
897
-
2 813
-
total
5 665
-
21 492
-
Corporate
116 641
169 500
-
-
income

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

22 163
32 205
-
-
total
22 163
32 205
-
-
Dividends
94 478
137 295
-
-
withholding
13 123
27 038
-
-
total
13 123
27 038
-
-
Income
169 500
169 500
169 500
169 500
Total tax
53 763
59 243
72 890
57 584
After tax
115 737
110 257
96 610
111 916
Living cost
34 382
34 382
34 382
34 382
Free-cash
81 355
75 875
62 228
77 534

Estimated living cost  is ₽34382 per week

₽23586
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3162
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽430
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7202
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽10235
₽69322
-₽9054
₽93082
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
242
health
-
-
-
2 086
income
-
-
-
46 972
pensions
-
-
-
3 980
other
-
-
-
354
total
-
-
-
53 634
Employee
35 840
-
152 673
-
pensions
4 036
-
7 297
-
health
4 103
-
17 481
-
income
4 917
-
35 789
-
total
13 056
-
60 567
-
Employer
35 840
-
152 673
-
pensions
5 827
-
10 537
-
unemployment
878
-
3 741
-
accident
598
-
2 549
-
total
7 303
-
16 827
-
Corporate
126 357
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.

113 721
152 550
-
-
total
113 721
152 550
-
-
Dividends
12 636
16 950
-
-
withholding
2 401
3 220
-
-
total
2 401
3 220
-
-
Income
169 500
169 500
169 500
169 500
Total tax
136 481
155 770
77 394
53 634
After tax
33 019
13 730
92 106
115 866
Living cost
22 784
22 784
22 784
22 784
Free-cash
10 235
-9 054
69 322
93 082

Estimated living cost  is ₽22784 per week

₽16721
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1328
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.
₽4276
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

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

Source of data for Warsaw model

Close
Skopje , Macedonia
₽125411
₽107896
₽129842
₽87074
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
27 987
health insurance
-
-
-
11 207
pensions
-
-
-
27 866
unemployment
-
-
-
1 817
work injury
-
-
-
757
total
-
-
-
69 634
Employee

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

20 467
-
169 500
-
unemployment
246
-
909
-
pensions
3 766
-
13 933
-
work injury
102
-
379
-
income
2 047
-
27 987
-
health insurance
1 515
-
5 604
-
total
7 676
-
48 812
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
149 033
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%.

1 490
1 695
-
-
total
1 490
1 695
-
-
Dividends
147 543
167 805
-
-
withholding
22 131
25 171
-
-
total
22 131
25 171
-
-
Income
169 500
169 500
169 500
169 500
Total tax
31 297
26 866
48 812
69 634
After tax
138 203
142 634
120 688
99 866
Living cost
12 792
12 792
12 792
12 792
Free-cash
125 411
129 842
107 896
87 074

Estimated living cost  is ₽12792 per week

₽7925
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽930
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽399
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3538
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽47284
₽33701
₽51587
₽41143
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
43 595
municipal
-
-
-
1 133
regional
-
-
-
3 885
national
-
-
-
42 051
total
-
-
-
90 664
Employee
79 729
-
169 500
-
regional
1 204
-
3 448
-
municipal
476
-
1 011
-
national
13 474
-
36 492
-
social contributions
26 884
-
57 155
-
total
42 038
-
98 106
-
Employer
79 729
-
169 500
-
total
-
-
-
-
Corporate
89 771
169 500
-
-
municipal
4 327
8 170
-
-
nationa
21 544
40 681
-
-
total
25 871
48 851
-
-
Dividends
63 899
120 650
-
-
withholding
16 614
31 369
-
-
total
16 614
31 369
-
-
Income
169 500
169 500
169 500
169 500
Total tax
84 523
80 220
98 106
90 664
After tax
84 977
89 280
71 394
78 836
Living cost
37 693
37 693
37 693
37 693
Free-cash
47 284
51 587
33 701
41 143

Estimated living cost  is ₽37693 per week

₽26477
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2593
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽569
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8053
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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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