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
₽56897
₽78811
₽59025
₽67340
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
169 500
income

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

-
-
-
52 758
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.

-
-
-
2 901
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.

-
-
-
6 447
trade
-
-
-
19 786
total
-
-
-
81 892
Employee

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

36 093
-
169 500
-
surtax

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

56
-
2 901
-
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.

1 008
-
52 758
-
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.

6 447
-
6 447
-
total
7 511
-
62 106
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
133 407
169 500
-
-
income
20 010
25 426
-
-
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
-
-
chamber of commerce
335
387
-
-
trade
21 011
26 697
-
-
total
42 457
53 909
-
-
Dividends
90 949
115 592
-
-
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
1 571
-
-
withholding
22 379
28 540
-
-
total
23 609
30 111
-
-
Income
169 500
169 500
169 500
169 500
Total tax
73 577
84 020
62 106
81 892
After tax
95 923
85 480
107 394
87 608
Living cost
28 583
28 583
28 583
28 583
Free-cash
67 340
56 897
78 811
59 025

Estimated living cost  is ₽28583 per week

₽17980
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3333
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽534
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6737
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽55650
₽51185
₽49961
₽54817
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
18 536
national
-
-
-
28 723
pensions
-
-
-
20 340
total
-
-
-
69 421
Employee
77 691
-
146 531
-
municipal
9 596
-
19 192
-
pensions
3 108
-
5 861
-
national
14 870
-
29 847
-
total
27 574
-
54 900
-
Employer
77 691
-
146 531
-
pensions
6 215
-
11 722
-
social contributions
835
-
1 575
-
total
7 050
-
13 297
-
Corporate
79 630
169 500
-
-
income

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

15 926
33 900
-
-
total
15 926
33 900
-
-
Dividends
63 704
135 600
-
-
withholding
14 015
29 832
-
-
total
14 015
29 832
-
-
Income
169 500
169 500
169 500
169 500
Total tax
64 565
63 732
68 197
69 421
After tax
104 935
105 768
101 303
100 079
Living cost
50 118
50 118
50 118
50 118
Free-cash
54 817
55 650
51 185
49 961

Estimated living cost  is ₽50118 per week

₽34064
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4659
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽750
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10644
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽115968
₽51810
₽39141
₽108226
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

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

-
-
-
169 500
income
-
-
-
31 349
surtax
-
-
-
43 222
social contributions

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

-
-
-
36 156
microenterprise
-
-
-
-
total
-
-
-
110 727
Employee
27 574
-
128 294
-
surtax
-
-
18 603
-
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.

3 034
-
12 371
-
income
4 909
-
25 878
-
total
7 943
-
56 852
-
Employer
27 574
-
128 294
-
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.

6 642
-
27 093
-
surtax
-
-
14 113
-
total
6 642
-
41 206
-
Corporate
135 284
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%.

27 057
33 900
-
-
total
27 057
33 900
-
-
Dividends

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

108 227
135 600
-
-
total
-
-
-
-
Income
169 500
169 500
169 500
169 500
Total tax
41 642
33 900
98 058
110 727
After tax
127 858
135 600
71 442
58 773
Living cost
19 632
19 632
19 632
19 632
Free-cash
108 226
115 968
51 810
39 141

Estimated living cost  is ₽19632 per week

₽12525
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1870
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽446
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4792
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽44435
₽66722
₽53817
₽38652
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
53 458
health
-
-
-
11 637
pensions
-
-
-
11 056
total
-
-
-
76 151
Employee
80 585
80 585
151 963
-
pensions
14 505
11 056
11 056
-
income

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

13 191
13 191
23 015
-
health
12 369
10 521
11 637
-
total
40 065
34 768
45 708
-
Employer
80 585
80 585
151 963
-
health
5 602
5 602
6 961
-
pensions
5 609
5 609
6 972
-
unemployment
2 901
2 901
3 605
-
total
14 112
14 112
17 538
-
Corporate
75 792
74 803
-
-
income
15 159
14 960
-
-
total
15 159
14 960
-
-
Dividends
60 633
59 843
-
-
income
12 885
12 716
-
-
withholding
9 095
8 977
-
-
total
21 980
21 693
-
-
Income
169 500
169 500
169 500
169 500
Total tax
91 316
85 533
63 246
76 151
After tax
78 184
83 967
106 254
93 349
Living cost
39 532
39 532
39 532
39 532
Free-cash
38 652
44 435
66 722
53 817

Estimated living cost  is ₽39532 per week

₽28015
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3564
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽629
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7324
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽54724
₽48141
₽49057
₽53874
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
166
other
-
-
-
9 633
unemployment
-
-
-
83
health
-
-
-
5 173
municipal
-
-
-
43 384
national
-
-
-
15 220
pensions
-
-
-
8 961
total
-
-
-
82 620
Employee
53 895
-
143 454
-
municipal
16 071
-
42 778
-
national
-
-
14 712
-
total
16 071
-
57 490
-
Employer
53 895
-
143 454
-
health
3 315
-
5 098
-
pensions
5 826
-
8 961
-
accident
108
-
166
-
unemployment
1 423
-
2 188
-
other
6 263
-
9 633
-
total
16 935
-
26 046
-
Corporate
98 671
169 500
-
-
income
21 708
37 290
-
-
total
21 708
37 290
-
-
Dividends
76 964
132 210
-
-
withholding
23 089
39 663
-
-
total
23 089
39 663
-
-
Income
169 500
169 500
169 500
169 500
Total tax
77 803
76 953
83 536
82 620
After tax
91 697
92 547
85 964
86 880
Living cost
37 823
37 823
37 823
37 823
Free-cash
53 874
54 724
48 141
49 057

Estimated living cost  is ₽37823 per week

₽25068
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3712
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽574
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8470
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽47539
₽70323
₽49657
₽60801
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
169 500
income

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

-
-
-
52 758
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.

-
-
-
2 901
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.

-
-
-
6 447
trade
-
-
-
20 666
total
-
-
-
82 772
Employee

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

47 855
-
169 500
-
surtax

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

226
-
2 901
-
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.

4 112
-
52 758
-
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.

6 447
-
6 447
-
total
10 785
-
62 106
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
121 645
169 500
-
-
income
18 246
25 426
-
-
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.

1 003
1 399
-
-
chamber of commerce
317
385
-
-
trade
20 010
27 883
-
-
total
39 576
55 093
-
-
Dividends
82 068
114 408
-
-
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
20 159
28 244
-
-
total
21 267
29 797
-
-
Income
169 500
169 500
169 500
169 500
Total tax
71 628
84 890
62 106
82 772
After tax
97 872
84 610
107 394
86 728
Living cost
37 071
37 071
37 071
37 071
Free-cash
60 801
47 539
70 323
49 657

Estimated living cost  is ₽37071 per week

₽24793
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3909
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.
₽7815
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽93035
₽83600
₽85081
₽89119
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
34 220
social contributions
-
-
-
15 268
health
-
-
-
4 323
total
-
-
-
53 811
Employee
72 564
72 564
158 445
-
social contributions
3 526
6 022
8 123
-
income
7 620
6 717
33 421
-
health
722
1 234
2 693
-
total
11 868
13 973
44 237
-
Employer
72 564
72 564
158 445
-
health
786
1 343
2 932
-
social contributions
3 526
6 022
8 123
-
total
4 312
7 365
11 055
-
Corporate
122 712
89 571
-
-
income
15 340
11 196
-
-
total
15 340
11 196
-
-
Dividends
107 373
78 375
-
-
withholding
18 253
13 323
-
-
total
18 253
13 323
-
-
Income
169 500
169 500
169 500
169 500
Total tax
49 773
45 857
55 292
53 811
After tax
119 727
123 643
114 208
115 689
Living cost
30 608
30 608
30 608
30 608
Free-cash
89 119
93 035
83 600
85 081

Estimated living cost  is ₽30608 per week

₽20924
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2391
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽514
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6780
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽78332
₽81387
₽100549
₽78683
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

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

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

The minimum wage is 138,000 HUF per month.

24 356
9 693
141 841
-
unemployment
365
145
2 128
-
pensions
2 436
969
14 184
-
income
2 978
1 185
17 340
-
health
1 705
679
9 929
-
total
7 484
2 978
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.

24 356
9 693
141 841
-
pensions
4 749
1 890
27 659
-
total
4 749
1 890
27 659
-
Corporate
140 394
157 916
-
-
income
12 635
14 212
-
-
total
12 635
14 212
-
-
Dividends
127 759
143 704
-
-
social contributions
24 802
27 911
-
-
withholding
24 274
27 304
-
-
total
49 076
55 215
-
-
Income
169 500
169 500
169 500
169 500
Total tax
73 944
74 295
71 240
52 078
After tax
95 556
95 205
98 260
117 422
Living cost
16 873
16 873
16 873
16 873
Free-cash
78 683
78 332
81 387
100 549

Estimated living cost  is ₽16873 per week

₽11514
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1381
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽337
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3641
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽112807
₽74903
₽68058
₽106946
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
169 500
income
-
-
-
22 713
health
-
-
-
22 036
pensions
-
-
-
33 900
total
-
-
-
78 649
Employee
26 770
-
126 680
-
unemployment
428
-
2 027
-
pensions
535
-
2 534
-
income
3 014
-
24 425
-
total
3 977
-
28 986
-
Employer
26 770
-
126 680
-
health
3 479
-
16 468
-
pensions
5 354
-
25 336
-
unemployment
215
-
1 014
-
total
9 048
-
42 818
-
Corporate
133 681
169 500
-
-
income
26 736
33 900
-
-
total
26 736
33 900
-
-
Dividends
106 944
135 600
-
-
total
-
-
-
-
Income
169 500
169 500
169 500
169 500
Total tax
39 761
33 900
71 804
78 649
After tax
129 739
135 600
97 696
90 851
Living cost
22 793
22 793
22 793
22 793
Free-cash
106 946
112 807
74 903
68 058

Estimated living cost  is ₽22793 per week

₽15634
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1357
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽458
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5344
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽7239
₽71158
₽94896
₽10514
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
241
income
-
-
-
46 997
other
-
-
-
353
health
-
-
-
2 079
pensions
-
-
-
3 966
total
-
-
-
53 636
Employee
32 984
-
152 708
-
pensions
3 714
-
7 272
-
income
4 525
-
35 825
-
health
3 777
-
17 485
-
total
12 016
-
60 582
-
Employer
32 984
-
152 708
-
pensions
5 363
-
10 501
-
accident
551
-
2 550
-
unemployment
808
-
3 741
-
total
6 722
-
16 792
-
Corporate
129 794
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.

116 814
152 550
-
-
total
116 814
152 550
-
-
Dividends
12 979
16 950
-
-
withholding
2 466
3 221
-
-
total
2 466
3 221
-
-
Income
169 500
169 500
169 500
169 500
Total tax
138 018
155 771
77 374
53 636
After tax
31 482
13 729
92 126
115 864
Living cost
20 968
20 968
20 968
20 968
Free-cash
10 514
-7 239
71 158
94 896

Estimated living cost  is ₽20968 per week

₽15368
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1162
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽438
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4001
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽153434
₽128009
₽160214
₽152011
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
9 489
-
169 500
-
income
1 897
-
33 900
-
total
1 897
-
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%.

160 011
169 500
-
-
total
-
-
-
-
Dividends
160 011
169 500
-
-
withholding
8 001
8 475
-
-
total
8 001
8 475
-
-
Income
169 500
169 500
169 500
169 500
Total tax
9 898
8 475
33 900
1 695
After tax
159 602
161 025
135 600
167 805
Living cost
7 591
7 591
7 591
7 591
Free-cash
152 011
153 434
128 009
160 214

Estimated living cost  is ₽7591 per week

₽4704
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽631
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽209
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2047
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽99387
₽70841
₽70296
₽93015
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
169 500
income
-
-
-
26 489
other
-
-
-
6 816
health
-
-
-
6 314
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.

-
-
-
34 440
total
-
-
-
74 059
Employee
34 264
-
135 384
-
unemployment
342
-
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.

2 398
-
9 477
-
income
5 899
-
26 672
-
health
480
-
1 895
-
total
9 119
-
39 398
-
Employer
34 264
-
135 384
-
health
480
-
1 895
-
pensions

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

5 825
-
23 015
-
accident
274
-
1 083
-
unemployment
342
-
1 354
-
other
1 714
-
6 769
-
total
8 635
-
34 116
-
Corporate
126 601
169 500
-
-
income
26 586
35 595
-
-
total
26 586
35 595
-
-
Dividends
100 015
133 905
-
-
withholding
7 000
9 373
-
-
total
7 000
9 373
-
-
Income
169 500
169 500
169 500
169 500
Total tax
51 340
44 968
73 514
74 059
After tax
118 160
124 532
95 986
95 441
Living cost
25 145
25 145
25 145
25 145
Free-cash
93 015
99 387
70 841
70 296

Estimated living cost  is ₽25145 per week

₽17766
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1698
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽405
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5276
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽47613
₽33863
₽49183
₽51139
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
169 500
income
-
-
-
48 841
pensions
-
-
-
8 541
total
-
-
-
57 382
Employee
89 044
-
148 034
-
pensions
8 590
-
10 479
-
income
16 051
-
38 626
-
health
1 467
-
2 131
-
total
26 108
-
51 236
-
Employer
89 044
-
148 034
-
health
1 691
-
2 812
-
pensions
10 513
-
18 654
-
total
12 204
-
21 466
-
Corporate
68 252
169 500
-
-
income

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

12 967
32 206
-
-
total
12 967
32 206
-
-
Dividends
55 285
137 294
-
-
withholding
4 147
26 746
-
-
total
4 147
26 746
-
-
Income
169 500
169 500
169 500
169 500
Total tax
55 426
58 952
72 702
57 382
After tax
114 074
110 548
96 798
112 118
Living cost
62 935
62 935
62 935
62 935
Free-cash
51 139
47 613
33 863
49 183

Estimated living cost  is ₽62935 per week

₽47158
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽7394
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽512
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7871
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽132551
₽129585
₽122904
₽128169
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
169 500
income
-
-
-
25 425
unemployment
-
-
-
132
health
-
-
-
3 790
pensions

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

-
-
-
4 878
total
-
-
-
34 225
Employee
16 380
-
163 034
-
accident

We are using the highest rate at 1.1%.

180
-
363
-
pensions

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

1 438
-
2 894
-
income
1 638
-
16 304
-
health
753
-
1 516
-
total
4 009
-
21 077
-
Employer
16 380
-
163 034
-
health
1 131
-
2 274
-
pensions

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

1 805
-
3 632
-
accident

We are using the highest rate at 1.1%.

180
-
363
-
unemployment
98
-
198
-
total
3 214
-
6 467
-
Corporate
149 905
169 500
-
-
income
14 991
16 950
-
-
total
14 991
16 950
-
-
Dividends
134 914
152 550
-
-
withholding
6 746
7 628
-
-
total
6 746
7 628
-
-
Income
169 500
169 500
169 500
169 500
Total tax
28 960
24 578
27 544
34 225
After tax
140 540
144 922
141 956
135 275
Living cost
12 371
12 371
12 371
12 371
Free-cash
128 169
132 551
129 585
122 904

Estimated living cost  is ₽12371 per week

₽7222
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽883
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽328
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3937
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽31639
₽53926
₽41021
₽34013
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
53 458
health
-
-
-
11 637
pensions
-
-
-
11 056
total
-
-
-
76 151
Employee
87 490
80 585
151 963
-
pensions
11 056
11 056
11 056
-
income

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

13 191
13 191
23 015
-
health
10 915
10 521
11 637
-
total
35 162
34 768
45 708
-
Employer
87 490
80 585
151 963
-
health
6 080
5 602
6 961
-
pensions
6 089
5 609
6 972
-
unemployment
3 150
2 901
3 605
-
total
15 319
14 112
17 538
-
Corporate
66 692
74 803
-
-
income
13 338
14 960
-
-
total
13 338
14 960
-
-
Dividends
53 354
59 843
-
-
income
11 337
12 716
-
-
withholding
8 003
8 977
-
-
total
19 340
21 693
-
-
Income
169 500
169 500
169 500
169 500
Total tax
83 159
85 533
63 246
76 151
After tax
86 341
83 967
106 254
93 349
Living cost
52 328
52 328
52 328
52 328
Free-cash
34 013
31 639
53 926
41 021

Estimated living cost  is ₽52328 per week

₽38600
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4674
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽600
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8454
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽93576
₽65696
₽73216
₽85325
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
17 001
social contributions
-
-
-
33 276
solidarity contribution
-
-
-
-
health
-
-
-
22 882
total
-
-
-
73 159
Employee
34 007
-
129 367
-
solidarity contribution
-
-
-
-
social contributions
2 210
-
7 407
-
income
4 081
-
15 674
-
health
4 591
-
17 465
-
total
10 882
-
40 546
-
Employer
34 007
-
129 367
-
health
3 061
-
11 643
-
social contributions
8 502
-
28 490
-
total
11 563
-
40 133
-
Corporate
123 930
169 500
-
-
income
23 547
32 205
-
-
total
23 547
32 205
-
-
Dividends
100 384
137 295
-
-
withholding
15 058
20 594
-
-
total
15 058
20 594
-
-
Income
169 500
169 500
169 500
169 500
Total tax
61 050
52 799
80 679
73 159
After tax
108 450
116 701
88 821
96 341
Living cost
23 125
23 125
23 125
23 125
Free-cash
85 325
93 576
65 696
73 216

Estimated living cost  is ₽23125 per week

₽16063
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1645
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽455
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4962
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽50617
₽33341
₽41000
₽45690
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
regional
-
-
-
2 004
municipal
-
-
-
1 006
national
-
-
-
42 076
total
-
-
-
88 681
Employee
83 867
-
169 500
-
municipal
444
-
899
-
national
14 532
-
36 516
-
regional
791
-
1 770
-
social contributions
28 280
-
57 155
-
total
44 047
-
96 340
-
Employer
83 867
-
169 500
-
total
-
-
-
-
Corporate
85 633
169 500
-
-
municipal
3 340
6 610
-
-
nationa
20 551
40 680
-
-
total
23 891
47 290
-
-
Dividends
61 742
122 211
-
-
withholding
16 053
31 774
-
-
total
16 053
31 774
-
-
Income
169 500
169 500
169 500
169 500
Total tax
83 991
79 064
96 340
88 681
After tax
85 509
90 436
73 160
80 819
Living cost
39 819
39 819
39 819
39 819
Free-cash
45 690
50 617
33 341
41 000

Estimated living cost  is ₽39819 per week

₽27757
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2611
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽611
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8839
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽85793
₽53571
₽59345
₽82853
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
47 567
other
-
-
-
-
surtax
-
-
-
7 419
unemployment
-
-
-
215
health
-
-
-
8 941
pensions
-
-
-
25 189
total
-
-
-
89 331
Employee
31 207
-
142 989
-
other
-
-
-
-
unemployment
2 172
-
8 766
-
pensions
2 081
-
8 401
-
surtax
102
-
6 291
-
income
5 231
-
41 924
-
health
797
-
3 211
-
total
10 383
-
68 593
-
Employer
31 207
-
142 989
-
health
1 420
-
5 731
-
pensions
4 160
-
16 789
-
unemployment
989
-
3 992
-
other
-
-
-
-
total
6 569
-
26 512
-
Corporate
131 725
169 500
-
-
income
34 249
44 069
-
-
total
34 249
44 069
-
-
Dividends
97 476
125 431
-
-
withholding
14 622
18 814
-
-
total
14 622
18 814
-
-
Income
169 500
169 500
169 500
169 500
Total tax
65 823
62 883
95 105
89 331
After tax
103 677
106 617
74 395
80 169
Living cost
20 824
20 824
20 824
20 824
Free-cash
82 853
85 793
53 571
59 345

Estimated living cost  is ₽20824 per week

₽12732
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1922
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽480
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5689
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽67552
₽53802
₽69122
₽73769
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
169 500
income
-
-
-
48 841
pensions
-
-
-
8 541
total
-
-
-
57 382
Employee
59 675
-
148 034
-
pensions
5 065
-
10 479
-
income
10 748
-
38 626
-
health
866
-
2 131
-
total
16 679
-
51 236
-
Employer
59 675
-
148 034
-
health
1 134
-
2 812
-
pensions
6 460
-
18 654
-
total
7 594
-
21 466
-
Corporate
102 232
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.

19 425
32 206
-
-
total
19 425
32 206
-
-
Dividends
82 807
137 294
-
-
withholding
9 037
26 746
-
-
total
9 037
26 746
-
-
Income
169 500
169 500
169 500
169 500
Total tax
52 735
58 952
72 702
57 382
After tax
116 765
110 548
96 798
112 118
Living cost
42 996
42 996
42 996
42 996
Free-cash
73 769
67 552
53 802
69 122

Estimated living cost  is ₽42996 per week

₽32212
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3223
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽450
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7111
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽2876
₽54823
₽62623
₽34811
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
169 500
other

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

-
-
-
3 391
regional
-
-
-
8 328
health
-
-
-
381
city
-
-
-
1 786
national
-
-
-
2 767
pensions
-
-
-
15 593
total
-
-
-
32 246
Employee
87 337
-
151 712
-
unemployment
-
-
-
-
pensions
7 337
-
12 743
-
national
413
-
2 042
-
regional
2 860
-
7 173
-
city
937
-
1 629
-
health
197
-
341
-
total
11 744
-
23 928
-
Employer
87 337
-
151 712
-
health
197
-
341
-
pensions
7 337
-
12 743
-
unemployment
-
-
-
-
other

This will depend on a canton and a chosen fund. The rate is between 0.1% and 3.63% for an employee. We use 2% as an average rate.

1 746
-
3 034
-
total
9 280
-
16 118
-
Corporate
71 922
169 500
-
-
regional
15 212
35 850
-
-
national
6 113
14 407
-
-
total
21 325
50 257
-
-
Dividends
50 597
119 244
-
-
withholding
17 709
41 736
-
-
total
17 709
41 736
-
-
Income
169 500
169 500
169 500
169 500
Total tax
60 058
91 993
40 046
32 246
After tax
109 442
77 507
129 454
137 254
Living cost
74 631
74 631
74 631
74 631
Free-cash
34 811
2 876
54 823
62 623

Estimated living cost  is ₽74631 per week

₽48531
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽6697
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽916
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽18486
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽40511
₽64164
₽42619
₽55813
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
169 500
income

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

-
-
-
52 758
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.

-
-
-
2 901
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.

-
-
-
6 447
trade
-
-
-
21 545
total
-
-
-
83 651
Employee

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

56 713
-
169 500
-
surtax

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

367
-
2 901
-
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.

6 669
-
52 758
-
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.

6 447
-
6 447
-
total
13 483
-
62 106
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
112 787
169 500
-
-
income
16 918
25 426
-
-
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.

931
1 399
-
-
chamber of commerce
303
381
-
-
trade
19 342
29 070
-
-
total
37 494
56 276
-
-
Dividends
75 294
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.

1 015
1 536
-
-
withholding
18 465
27 947
-
-
total
19 480
29 483
-
-
Income
169 500
169 500
169 500
169 500
Total tax
70 457
85 759
62 106
83 651
After tax
99 043
83 741
107 394
85 849
Living cost
43 230
43 230
43 230
43 230
Free-cash
55 813
40 511
64 164
42 619

Estimated living cost  is ₽43230 per week

₽31573
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3458
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽562
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7638
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽53142
₽60476
₽63179
₽58715
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
169 500
income
-
-
-
26 770
other
-
-
-
5 254
surtax
-
-
-
-
social contributions
-
-
-
4 830
health
-
-
-
7 271
pensions
-
-
-
29 910
total
-
-
-
74 035
Employee
40 388
-
131 159
-
pensions
4 567
-
9 129
-
surtax
-
-
-
-
social contributions
1 151
-
3 737
-
income
2 384
-
25 531
-
total
8 102
-
38 397
-
Employer
40 388
-
131 159
-
health
2 828
-
12 146
-
pensions
6 635
-
15 369
-
unemployment
1 635
-
5 311
-
social contributions
122
-
394
-
other
1 393
-
5 121
-
total
12 613
-
38 341
-
Corporate
116 500
169 500
-
-
income
32 619
47 459
-
-
surtax
-
-
-
-
total
32 619
47 459
-
-
Dividends
83 881
122 041
-
-
surtax
-
-
-
-
social contributions
14 427
20 992
-
-
withholding
10 738
15 621
-
-
total
25 165
36 613
-
-
Income
169 500
169 500
169 500
169 500
Total tax
78 499
84 072
76 738
74 035
After tax
91 001
85 428
92 762
95 465
Living cost
32 286
32 286
32 286
32 286
Free-cash
58 715
53 142
60 476
63 179

Estimated living cost  is ₽32286 per week

₽20358
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2625
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽550
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8755
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽56341
₽63675
₽66378
₽61583
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
169 500
income
-
-
-
26 770
other
-
-
-
5 254
surtax
-
-
-
-
social contributions
-
-
-
4 830
health
-
-
-
7 271
pensions
-
-
-
29 910
total
-
-
-
74 035
Employee
36 052
-
131 159
-
pensions
4 078
-
9 129
-
surtax
-
-
-
-
social contributions
1 028
-
3 737
-
income
1 859
-
25 531
-
total
6 965
-
38 397
-
Employer
36 052
-
131 159
-
health
2 523
-
12 146
-
pensions
5 924
-
15 369
-
unemployment
1 459
-
5 311
-
social contributions
107
-
394
-
other
1 245
-
5 121
-
total
11 258
-
38 341
-
Corporate
122 190
169 500
-
-
income
34 213
47 459
-
-
surtax
-
-
-
-
total
34 213
47 459
-
-
Dividends
87 977
122 041
-
-
surtax
-
-
-
-
social contributions
15 134
20 992
-
-
withholding
11 260
15 621
-
-
total
26 394
36 613
-
-
Income
169 500
169 500
169 500
169 500
Total tax
78 830
84 072
76 738
74 035
After tax
90 670
85 428
92 762
95 465
Living cost
29 087
29 087
29 087
29 087
Free-cash
61 583
56 341
63 675
66 378

Estimated living cost  is ₽29087 per week

₽16869
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2955
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽552
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8712
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽83399
₽85251
₽88841
₽83889
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
169 500
income
-
-
-
25 426
social contributions
-
-
-
23 391
health
-
-
-
11 832
total
-
-
-
60 649
Employee
31 996
-
169 500
-
social contributions
4 416
-
23 391
-
income
5 337
-
29 016
-
health
2 233
-
11 832
-
total
11 986
-
64 239
-
Employer
31 996
-
169 500
-
total
-
-
-
-
Corporate
137 504
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%.

6 875
8 476
-
-
total
6 875
8 476
-
-
Dividends
130 629
161 024
-
-
social contributions
18 026
22 222
-
-
withholding
19 595
24 154
-
-
health
9 119
11 239
-
-
total
46 740
57 615
-
-
Income
169 500
169 500
169 500
169 500
Total tax
65 601
66 091
64 239
60 649
After tax
103 899
103 409
105 261
108 851
Living cost
20 010
20 010
20 010
20 010
Free-cash
83 889
83 399
85 251
88 841

Estimated living cost  is ₽20010 per week

₽13392
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1234
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.
₽4923
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽60504
₽11636
₽53753
₽59039
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
47 015
surtax
-
-
-
186
unemployment
-
-
-
5 788
chamber of commerce
-
-
-
679
health
-
-
-
8 433
pensions
-
-
-
20 395
total
-
-
-
82 496
Employee
47 160
37 607
135 726
-
other
471
376
1 103
-
unemployment
1 415
1 128
3 308
-
pensions
4 830
3 850
11 289
-
income
5 369
2 774
37 836
-
health
1 825
1 456
4 266
-
total
13 910
9 584
57 802
-
Employer
47 160
37 607
135 726
-
chamber of commerce
188
150
543
-
health
1 782
1 422
4 167
-
pensions
5 919
4 721
13 836
-
accident
612
489
1 433
-
unemployment
1 415
1 128
3 308
-
surtax
186
186
186
-
payroll
1 415
1 128
4 072
-
other
2 240
1 785
6 230
-
total
13 757
11 009
33 775
-
Corporate
108 583
120 884
132 144
-
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.

27 147
30 221
33 036
-
total
27 147
30 221
33 036
-
Dividends
81 436
90 662
-
-
withholding
22 396
24 931
-
-
total
22 396
24 931
-
-
Income
169 500
169 500
169 500
169 500
Total tax
77 210
75 745
124 613
82 496
After tax
92 290
93 755
44 887
87 004
Living cost
33 251
33 251
33 251
33 251
Free-cash
59 039
60 504
11 636
53 753

Estimated living cost  is ₽33251 per week

₽22177
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2837
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽546
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7691
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽60381
₽25083
₽39098
₽46229
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
169 500
communal

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

-
-
-
8 759
social contributions
-
-
-
23 527
national
-
-
-
63 709
total
-
-
-
95 995
Employee

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

67 501
-
131 283
-
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.

587
-
1 143
-
communal

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

3 521
-
6 848
-
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.

5 063
-
9 846
-
national
20 753
-
47 784
-
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.

3 171
-
6 171
-
total
33 095
-
71 792
-
Employer

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

67 501
-
131 283
-
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.

4 151
-
8 075
-
pensions

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

5 981
-
11 631
-
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.

877
-
1 707
-
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.

985
-
1 916
-
surtax
7 654
-
14 889
-
total
19 648
-
38 218
-
Corporate
82 350
169 500
-
-
income
16 470
33 900
-
-
surtax
330
679
-
-
total
16 800
34 579
-
-
Dividends
65 551
134 922
-
-
withholding

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

19 321
40 133
-
-
total
19 321
40 133
-
-
Income
169 500
169 500
169 500
169 500
Total tax
88 864
74 712
110 010
95 995
After tax
80 636
94 788
59 490
73 505
Living cost
34 407
34 407
34 407
34 407
Free-cash
46 229
60 381
25 083
39 098

Estimated living cost  is ₽34407 per week

₽22163
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3009
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.
₽8698
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽78863
₽57046
₽61007
₽72398
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
788
income
-
-
-
48 173
other
-
-
-
88
unemployment
-
-
-
612
pensions
-
-
-
24 752
total
-
-
-
74 413
Employee
46 973
-
141 616
-
other
47
-
88
-
unemployment
729
-
1 356
-
pensions
2 208
-
4 112
-
income
9 911
-
44 934
-
total
12 895
-
50 490
-
Employer
46 973
-
141 616
-
pensions
11 085
-
20 642
-
accident
929
-
1 732
-
unemployment
2 584
-
4 810
-
other
374
-
700
-
total
14 972
-
27 884
-
Corporate
107 554
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.

16 133
25 426
-
-
total
16 133
25 426
-
-
Dividends
91 421
144 074
-
-
withholding
19 022
31 131
-
-
total
19 022
31 131
-
-
Income
169 500
169 500
169 500
169 500
Total tax
63 022
56 557
78 374
74 413
After tax
106 478
112 943
91 126
95 087
Living cost
34 080
34 080
34 080
34 080
Free-cash
72 398
78 863
57 046
61 007

Estimated living cost  is ₽34080 per week

₽25096
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2418
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽491
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6074
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽47646
₽38908
₽32155
₽35481
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
169 500
communal
-
-
-
10 712
accident
-
-
-
1 429
income
-
-
-
28 206
surtax
-
-
-
8 402
health
-
-
-
11 907
pensions
-
-
-
25 406
total
-
-
-
86 062
Employee
71 463
-
151 408
-
pensions
5 716
-
12 113
-
surtax
4 380
-
9 280
-
income
6 903
-
33 086
-
health
3 180
-
6 737
-
total
20 179
-
61 216
-
Employer
71 463
-
151 408
-
health
2 179
-
4 617
-
pensions
5 716
-
12 113
-
accident
643
-
1 363
-
total
8 538
-
18 093
-
Corporate
89 498
169 500
-
-
communal
6 040
11 441
-
-
income
13 426
25 426
-
-
surtax
940
1 780
-
-
total
20 406
38 647
-
-
Dividends
69 092
130 853
-
-
income
23 250
12 295
-
-
withholding
10 363
19 629
-
-
total
33 613
31 924
-
-
Income
169 500
169 500
169 500
169 500
Total tax
82 736
70 571
79 309
86 062
After tax
86 764
98 929
90 191
83 438
Living cost
51 283
51 283
51 283
51 283
Free-cash
35 481
47 646
38 908
32 155

Estimated living cost  is ₽51283 per week

₽38470
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3107
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽543
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9162
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽85421
₽53199
₽58973
₽82417
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
47 567
other
-
-
-
-
surtax
-
-
-
7 419
unemployment
-
-
-
215
health
-
-
-
8 941
pensions
-
-
-
25 189
total
-
-
-
89 331
Employee
31 779
-
142 989
-
other
-
-
-
-
unemployment
2 212
-
8 766
-
pensions
2 120
-
8 401
-
surtax
113
-
6 291
-
income
5 328
-
41 924
-
health
811
-
3 211
-
total
10 584
-
68 593
-
Employer
31 779
-
142 989
-
health
1 445
-
5 731
-
pensions
4 237
-
16 789
-
unemployment
1 008
-
3 992
-
other
-
-
-
-
total
6 690
-
26 512
-
Corporate
131 030
169 500
-
-
income
34 068
44 069
-
-
total
34 068
44 069
-
-
Dividends
96 962
125 431
-
-
withholding
14 545
18 814
-
-
total
14 545
18 814
-
-
Income
169 500
169 500
169 500
169 500
Total tax
65 887
62 883
95 105
89 331
After tax
103 613
106 617
74 395
80 169
Living cost
21 196
21 196
21 196
21 196
Free-cash
82 417
85 421
53 199
58 973

Estimated living cost  is ₽21196 per week

₽12797
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1843
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.
₽6065
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽63673
₽47229
₽54847
₽61577
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
regional
-
-
-
2 556
municipal
-
-
-
1 006
national
-
-
-
42 076
total
-
-
-
89 233
Employee
52 347
-
169 500
-
municipal
278
-
899
-
national
8 293
-
36 516
-
regional
705
-
2 281
-
social contributions
17 652
-
57 155
-
total
26 928
-
96 851
-
Employer
52 347
-
169 500
-
total
-
-
-
-
Corporate
117 153
169 500
-
-
municipal
5 822
8 424
-
-
nationa
28 117
40 680
-
-
total
33 939
49 104
-
-
Dividends
83 214
120 397
-
-
withholding
21 636
31 303
-
-
total
21 636
31 303
-
-
Income
169 500
169 500
169 500
169 500
Total tax
82 503
80 407
96 851
89 233
After tax
86 997
89 093
72 649
80 267
Living cost
25 420
25 420
25 420
25 420
Free-cash
61 577
63 673
47 229
54 847

Estimated living cost  is ₽25420 per week

₽15809
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2575
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽435
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6601
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽88205
₽60325
₽67845
₽78039
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
17 001
social contributions
-
-
-
33 276
solidarity contribution
-
-
-
-
health
-
-
-
22 882
total
-
-
-
73 159
Employee
41 906
-
129 367
-
solidarity contribution
-
-
-
-
social contributions
2 724
-
7 407
-
income
5 029
-
15 674
-
health
5 657
-
17 465
-
total
13 410
-
40 546
-
Employer
41 906
-
129 367
-
health
3 771
-
11 643
-
social contributions
10 476
-
28 490
-
total
14 247
-
40 133
-
Corporate
113 346
169 500
-
-
income
21 536
32 205
-
-
total
21 536
32 205
-
-
Dividends
91 810
137 295
-
-
withholding
13 772
20 594
-
-
total
13 772
20 594
-
-
Income
169 500
169 500
169 500
169 500
Total tax
62 965
52 799
80 679
73 159
After tax
106 535
116 701
88 821
96 341
Living cost
28 496
28 496
28 496
28 496
Free-cash
78 039
88 205
60 325
67 845

Estimated living cost  is ₽28496 per week

₽21191
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1579
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽493
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5233
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽63748
₽14828
₽57084
₽63281
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
47 015
surtax
-
-
-
-
unemployment
-
-
-
5 788
chamber of commerce
-
-
-
679
health
-
-
-
8 433
pensions
-
-
-
20 395
total
-
-
-
82 310
Employee
41 250
37 607
135 898
-
other
412
376
1 103
-
unemployment
1 237
1 128
3 308
-
pensions
4 224
3 850
11 289
-
income
3 675
2 774
37 918
-
health
1 596
1 456
4 266
-
total
11 144
9 584
57 884
-
Employer
41 250
37 607
135 898
-
chamber of commerce
165
150
544
-
health
1 560
1 422
4 167
-
pensions
5 177
4 721
13 836
-
accident
535
489
1 433
-
unemployment
1 237
1 128
3 308
-
surtax
-
-
-
-
payroll
1 237
1 128
4 078
-
other
1 959
1 785
6 237
-
total
11 870
10 823
33 603
-
Corporate
116 378
121 070
132 316
-
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.

29 095
30 268
33 079
-
total
29 095
30 268
33 079
-
Dividends
87 284
90 802
-
-
withholding
24 004
24 971
-
-
total
24 004
24 971
-
-
Income
169 500
169 500
169 500
169 500
Total tax
76 113
75 646
124 566
82 310
After tax
93 387
93 854
44 934
87 190
Living cost
30 106
30 106
30 106
30 106
Free-cash
63 281
63 748
14 828
57 084

Estimated living cost  is ₽30106 per week

₽18060
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3075
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽537
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8435
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽149196
₽123771
₽155976
₽146977
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
14 787
-
169 500
-
income
2 958
-
33 900
-
total
2 958
-
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%.

154 713
169 500
-
-
total
-
-
-
-
Dividends
154 713
169 500
-
-
withholding
7 736
8 475
-
-
total
7 736
8 475
-
-
Income
169 500
169 500
169 500
169 500
Total tax
10 694
8 475
33 900
1 695
After tax
158 806
161 025
135 600
167 805
Living cost
11 829
11 829
11 829
11 829
Free-cash
146 977
149 196
123 771
155 976

Estimated living cost  is ₽11829 per week

₽8005
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽497
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽397
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2931
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽91389
₽52816
₽57306
₽83497
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

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

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

-
-
-
169 500
income
-
-
-
38 994
unemployment
-
-
-
254
health
-
-
-
16 679
pensions
-
-
-
30 956
total
-
-
-
86 883
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.

41 729
-
146 664
-
unemployment
59
-
206
-
pensions
6 468
-
22 732
-
income
7 196
-
36 123
-
health
2 695
-
9 475
-
total
16 418
-
68 536
-
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.

41 729
-
146 664
-
health
2 779
-
9 769
-
pensions
3 693
-
12 980
-
unemployment
25
-
88
-
total
6 497
-
22 837
-
Corporate
121 274
169 500
-
-
income
23 042
32 206
-
-
total
23 042
32 206
-
-
Dividends
98 232
137 294
-
-
withholding
14 735
20 594
-
-
total
14 735
20 594
-
-
Income
169 500
169 500
169 500
169 500
Total tax
60 692
52 800
91 373
86 883
After tax
108 808
116 700
78 127
82 617
Living cost
25 311
25 311
25 311
25 311
Free-cash
83 497
91 389
52 816
57 306

Estimated living cost  is ₽25311 per week

₽17371
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1622
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽491
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5829
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽62794
₽116874
₽76808
₽18334
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
169 500
income
-
-
-
33 039
social contributions
-
-
-
19 323
total
-
-
-
52 362
Employee
57 828
-
-
-
social contributions
4 742
-
676
-
income
12 756
-
-
-
total
17 498
-
676
-
Employer
57 828
-
-
-
social contributions
81 537
-
11 620
-
total
81 537
-
11 620
-
Corporate
30 136
169 500
-
-
income
6 630
37 290
-
-
total
6 630
37 290
-
-
Dividends
23 506
132 210
-
-
income
5 171
29 086
-
-
total
5 171
29 086
-
-
Income
169 500
169 500
169 500
169 500
Total tax
110 836
66 376
12 296
52 362
After tax
58 664
103 124
157 204
117 138
Living cost
40 330
40 330
40 330
40 330
Free-cash
18 334
62 794
116 874
76 808

Estimated living cost  is ₽40330 per week

₽26168
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3793
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽514
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9855
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽66811
₽48114
₽60965
₽65861
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
169 500
income
-
-
-
20 034
surtax
-
-
-
-
social contributions

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

-
-
-
58 901
total
-
-
-
78 935
Employee
43 401
-
136 970
-
surtax
-
-
-
-
social contributions
4 774
-
15 066
-
income
9 028
-
44 190
-
total
13 802
-
59 256
-
Employer
43 401
-
136 970
-
social contributions
10 308
-
32 530
-
total
10 308
-
32 530
-
Corporate
115 791
169 500
-
-
income
24 315
35 595
-
-
surtax
-
-
-
-
total
24 315
35 595
-
-
Dividends
91 476
133 905
-
-
withholding
25 614
37 494
-
-
total
25 614
37 494
-
-
Income
169 500
169 500
169 500
169 500
Total tax
74 039
73 089
91 786
78 935
After tax
95 461
96 411
77 714
90 565
Living cost
29 600
29 600
29 600
29 600
Free-cash
65 861
66 811
48 114
60 965

Estimated living cost  is ₽29600 per week

₽22147
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1746
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.
₽5213
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽39850
₽47184
₽49887
₽46337
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
169 500
income
-
-
-
26 770
other
-
-
-
5 254
surtax
-
-
-
-
social contributions
-
-
-
4 830
health
-
-
-
7 271
pensions
-
-
-
29 910
total
-
-
-
74 035
Employee
59 104
-
131 159
-
pensions
6 685
-
9 129
-
surtax
-
-
-
-
social contributions
1 683
-
3 737
-
income
5 157
-
25 531
-
total
13 525
-
38 397
-
Employer
59 104
-
131 159
-
health
4 137
-
12 146
-
pensions
9 711
-
15 369
-
unemployment
2 394
-
5 311
-
social contributions
177
-
394
-
other
2 040
-
5 121
-
total
18 459
-
38 341
-
Corporate
91 937
169 500
-
-
income
25 743
47 459
-
-
surtax
-
-
-
-
total
25 743
47 459
-
-
Dividends
66 194
122 041
-
-
surtax
-
-
-
-
social contributions
11 386
20 992
-
-
withholding
8 472
15 621
-
-
total
19 858
36 613
-
-
Income
169 500
169 500
169 500
169 500
Total tax
77 585
84 072
76 738
74 035
After tax
91 915
85 428
92 762
95 465
Living cost
45 578
45 578
45 578
45 578
Free-cash
46 337
39 850
47 184
49 887

Estimated living cost  is ₽45578 per week

₽30846
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3728
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽625
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10378
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽124184
₽100859
₽96353
₽121014
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
169 500
income
-
-
-
7 491
social contributions
-
-
-
37 290
total
-
-
-
44 781
Employee
30 338
-
146 753
-
income
-
-
7 990
-
social contributions
1 972
-
9 538
-
total
1 972
-
17 528
-
Employer
30 338
-
146 753
-
social contributions
4 703
-
22 747
-
total
4 703
-
22 747
-
Corporate
134 459
169 500
-
-
income
13 445
16 950
-
-
total
13 445
16 950
-
-
Dividends
121 014
152 550
-
-
total
-
-
-
-
Income
169 500
169 500
169 500
169 500
Total tax
20 120
16 950
40 275
44 781
After tax
149 380
152 550
129 225
124 719
Living cost
28 366
28 366
28 366
28 366
Free-cash
121 014
124 184
100 859
96 353

Estimated living cost  is ₽28366 per week

₽18341
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2138
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽534
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7353
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽36092
-₽36092
₽54333
-₽36092
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
169 500
labour market
-
-
-
13 495
municipal
-
-
-
35 405
national
-
-
-
20 005
pensions
-
-
-
818
total
-
-
-
69 723
Employee
191 810
191 810
191 810
-
municipal
40 845
40 845
40 845
-
labour market
15 323
15 323
15 323
-
pensions
273
273
273
-
national
23 433
23 433
23 433
-
total
79 874
79 874
79 874
-
Employer
191 810
191 810
191 810
-
national
23 474
23 474
23 474
-
labour market
15 345
15 345
15 345
-
pensions
545
545
545
-
municipal
40 910
40 910
40 910
-
total
80 274
80 274
80 274
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
169 500
169 500
169 500
169 500
Total tax
160 148
160 148
160 148
69 723
After tax
9 352
9 352
9 352
99 777
Living cost
45 444
45 444
45 444
45 444
Free-cash
-36 092
-36 092
-36 092
54 333

Estimated living cost  is ₽45444 per week

₽31103
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4020
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽699
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9623
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽6930
₽71467
₽95205
₽10561
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
241
income
-
-
-
46 997
other
-
-
-
353
health
-
-
-
2 079
pensions
-
-
-
3 966
total
-
-
-
53 636
Employee
32 498
-
152 708
-
pensions
3 660
-
7 272
-
income
4 458
-
35 825
-
health
3 721
-
17 485
-
total
11 839
-
60 582
-
Employer
32 498
-
152 708
-
pensions
5 284
-
10 501
-
accident
543
-
2 550
-
unemployment
796
-
3 741
-
total
6 623
-
16 792
-
Corporate
130 379
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.

117 341
152 550
-
-
total
117 341
152 550
-
-
Dividends
13 038
16 950
-
-
withholding
2 477
3 221
-
-
total
2 477
3 221
-
-
Income
169 500
169 500
169 500
169 500
Total tax
138 280
155 771
77 374
53 636
After tax
31 220
13 729
92 126
115 864
Living cost
20 659
20 659
20 659
20 659
Free-cash
10 561
-6 930
71 467
95 205

Estimated living cost  is ₽20659 per week

₽15037
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1178
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.
₽4056
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽69780
₽52478
₽72621
₽72229
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
2 217
municipal
-
-
-
30 110
national
-
-
-
28 322
total
-
-
-
60 649
Employee
49 648
-
142 592
-
municipal
8 132
-
23 225
-
unemployment
745
-
2 138
-
pensions
3 351
-
9 625
-
national
820
-
17 093
-
health
371
-
1 802
-
total
13 419
-
53 883
-
Employer
49 648
-
142 592
-
health
381
-
1 098
-
pensions
8 614
-
24 740
-
accident
50
-
143
-
unemployment
322
-
928
-
total
9 367
-
26 909
-
Corporate
110 484
169 500
-
-
income
22 097
33 900
-
-
total
22 097
33 900
-
-
Dividends

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

66 291
101 700
-
-
municipal
11 932
18 305
-
-
national
4 226
11 285
-
-
total
16 158
29 590
-
-
Income
169 500
169 500
169 500
169 500
Total tax
61 041
63 490
80 792
60 649
After tax
108 459
106 010
88 708
108 851
Living cost
36 230
36 230
36 230
36 230
Free-cash
72 229
69 780
52 478
72 621

Estimated living cost  is ₽36230 per week

₽23665
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3485
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽577
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8504
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽101794
₽92359
₽93840
₽96658
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
34 220
social contributions
-
-
-
15 268
health
-
-
-
4 323
total
-
-
-
53 811
Employee
72 564
72 564
158 445
-
social contributions
2 743
6 022
8 123
-
income
7 901
6 717
33 421
-
health
562
1 234
2 693
-
total
11 206
13 973
44 237
-
Employer
72 564
72 564
158 445
-
health
611
1 343
2 932
-
social contributions
2 743
6 022
8 123
-
total
3 354
7 365
11 055
-
Corporate
133 091
89 571
-
-
income
16 636
11 196
-
-
total
16 636
11 196
-
-
Dividends
116 454
78 375
-
-
withholding
19 797
13 323
-
-
total
19 797
13 323
-
-
Income
169 500
169 500
169 500
169 500
Total tax
50 993
45 857
55 292
53 811
After tax
118 507
123 643
114 208
115 689
Living cost
21 849
21 849
21 849
21 849
Free-cash
96 658
101 794
92 359
93 840

Estimated living cost  is ₽21849 per week

₽13094
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.
₽484
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6128
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽125379
₽108870
₽127800
₽120581
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

  • up to €9,000.00, 60% of the average monthly wage in Montenegro
  • up to €15,000.00, 100% of the average monthly wage in Montenegro
  • in excess of €15,000, 150% of the average monthly wage in Montenegro
-
-
-
169 500
income
-
-
-
17 272
unemployment
-
-
-
27
health
-
-
-
3 415
pensions
-
-
-
6 003
total
-
-
-
26 717
Employee

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

21 660
-
160 277
-
unemployment
107
-
448
-
pensions
3 248
-
13 431
-
income
1 481
-
14 934
-
health
1 841
-
7 611
-
total
6 677
-
36 424
-
Employer

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

21 660
-
160 277
-
health
931
-
3 850
-
pensions
1 191
-
4 925
-
unemployment
107
-
448
-
total
2 229
-
9 223
-
Corporate
145 610
169 500
-
-
income
13 105
15 256
-
-
total
13 105
15 256
-
-
Dividends
132 505
154 244
-
-
withholding
11 925
13 882
-
-
total
11 925
13 882
-
-
Income
169 500
169 500
169 500
169 500
Total tax
33 936
29 138
45 647
26 717
After tax
135 564
140 362
123 853
142 783
Living cost
14 983
14 983
14 983
14 983
Free-cash
120 581
125 379
108 870
127 800

Estimated living cost  is ₽14983 per week

₽9559
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1080
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽446
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3897
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽86993
₽65176
₽69137
₽82826
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
788
income
-
-
-
48 173
other
-
-
-
88
unemployment
-
-
-
612
pensions
-
-
-
24 752
total
-
-
-
74 413
Employee
34 893
-
141 616
-
other
34
-
88
-
unemployment
541
-
1 356
-
pensions
1 640
-
4 112
-
income
6 727
-
44 934
-
total
8 942
-
50 490
-
Employer
34 893
-
141 616
-
pensions
8 234
-
20 642
-
accident
691
-
1 732
-
unemployment
1 920
-
4 810
-
other
279
-
700
-
total
11 124
-
27 884
-
Corporate
123 483
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.

18 522
25 426
-
-
total
18 522
25 426
-
-
Dividends
104 961
144 074
-
-
withholding
22 136
31 131
-
-
total
22 136
31 131
-
-
Income
169 500
169 500
169 500
169 500
Total tax
60 724
56 557
78 374
74 413
After tax
108 776
112 943
91 126
95 087
Living cost
25 950
25 950
25 950
25 950
Free-cash
82 826
86 993
65 176
69 137

Estimated living cost  is ₽25950 per week

₽17516
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2495
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽455
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5485
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽103863
₽107017
₽107152
₽103550
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
169 500
income
-
-
-
58 047
health
-
-
-
1 007
pensions
-
-
-
1 389
total
-
-
-
60 443
Employee
2 901
-
167 937
-
unemployment
29
-
69
-
pensions
261
-
625
-
income
561
-
57 974
-
health
145
-
347
-
total
996
-
59 015
-
Employer
2 901
-
167 937
-
health
276
-
660
-
pensions
319
-
764
-
unemployment
58
-
139
-
total
653
-
1 563
-
Corporate
165 946
169 500
-
-
income
36 508
37 290
-
-
total
36 508
37 290
-
-
Dividends
129 438
132 210
-
-
withholding
25 888
26 442
-
-
total
25 888
26 442
-
-
Income
169 500
169 500
169 500
169 500
Total tax
64 045
63 732
60 578
60 443
After tax
105 455
105 768
108 922
109 057
Living cost
1 905
1 905
1 905
1 905
Free-cash
103 550
103 863
107 017
107 152

Estimated living cost  is ₽1905 per week

₽1132
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽154
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽44
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽575
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽106143
₽88381
₽88382
₽101499
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

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

-
-
-
169 500
income
-
-
-
38 433
unemployment
-
-
-
1 046
health
-
-
-
7 184
pensions
-
-
-
18 134
total
-
-
-
64 797
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.

24 612
-
157 015
-
unemployment
185
-
523
-
pensions
3 446
-
9 765
-
income
3 393
-
38 433
-
health
1 267
-
3 592
-
total
8 291
-
52 313
-
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.

24 612
-
157 015
-
health
1 267
-
3 592
-
pensions
2 953
-
8 370
-
unemployment
185
-
523
-
total
4 405
-
12 485
-
Corporate
140 483
169 500
-
-
income
21 072
25 425
-
-
total
21 072
25 425
-
-
Dividends
119 410
144 075
-
-
withholding
17 912
21 611
-
-
total
17 912
21 611
-
-
Income
169 500
169 500
169 500
169 500
Total tax
51 680
47 036
64 798
64 797
After tax
117 820
122 464
104 702
104 703
Living cost
16 321
16 321
16 321
16 321
Free-cash
101 499
106 143
88 381
88 382

Estimated living cost  is ₽16321 per week

₽10989
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1262
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽472
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3597
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽70970
₽52273
₽65124
₽70632
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
169 500
income
-
-
-
20 034
surtax
-
-
-
-
social contributions

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

-
-
-
58 901
total
-
-
-
78 935
Employee
36 626
-
136 970
-
surtax
-
-
-
-
social contributions
4 029
-
15 066
-
income
7 156
-
44 190
-
total
11 185
-
59 256
-
Employer
36 626
-
136 970
-
social contributions
8 698
-
32 530
-
total
8 698
-
32 530
-
Corporate
124 176
169 500
-
-
income
26 077
35 595
-
-
surtax
-
-
-
-
total
26 077
35 595
-
-
Dividends
98 099
133 905
-
-
withholding
27 467
37 494
-
-
total
27 467
37 494
-
-
Income
169 500
169 500
169 500
169 500
Total tax
73 427
73 089
91 786
78 935
After tax
96 073
96 411
77 714
90 565
Living cost
25 441
25 441
25 441
25 441
Free-cash
70 632
70 970
52 273
65 124

Estimated living cost  is ₽25441 per week

₽18019
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1768
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽451
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5204
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽79778
₽57961
₽61922
₽73602
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
788
income
-
-
-
48 173
other
-
-
-
88
unemployment
-
-
-
612
pensions
-
-
-
24 752
total
-
-
-
74 413
Employee
45 575
-
141 616
-
other
45
-
88
-
unemployment
706
-
1 356
-
pensions
2 142
-
4 112
-
income
9 519
-
44 934
-
total
12 412
-
50 490
-
Employer
45 575
-
141 616
-
pensions
10 755
-
20 642
-
accident
903
-
1 732
-
unemployment
2 507
-
4 810
-
other
365
-
700
-
total
14 530
-
27 884
-
Corporate
109 395
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.

16 409
25 426
-
-
total
16 409
25 426
-
-
Dividends
92 986
144 074
-
-
withholding
19 382
31 131
-
-
total
19 382
31 131
-
-
Income
169 500
169 500
169 500
169 500
Total tax
62 733
56 557
78 374
74 413
After tax
106 767
112 943
91 126
95 087
Living cost
33 165
33 165
33 165
33 165
Free-cash
73 602
79 778
57 961
61 922

Estimated living cost  is ₽33165 per week

₽23817
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2579
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽467
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6302
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽128691
₽125725
₽119044
₽122941
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
169 500
income
-
-
-
25 425
unemployment
-
-
-
132
health
-
-
-
3 790
pensions

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

-
-
-
4 878
total
-
-
-
34 225
Employee
21 492
-
163 034
-
accident

We are using the highest rate at 1.1%.

236
-
363
-
pensions

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

1 887
-
2 894
-
income
2 150
-
16 304
-
health
989
-
1 516
-
total
5 262
-
21 077
-
Employer
21 492
-
163 034
-
health
1 483
-
2 274
-
pensions

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

2 368
-
3 632
-
accident

We are using the highest rate at 1.1%.

236
-
363
-
unemployment
129
-
198
-
total
4 216
-
6 467
-
Corporate
143 791
169 500
-
-
income
14 379
16 950
-
-
total
14 379
16 950
-
-
Dividends
129 412
152 550
-
-
withholding
6 471
7 628
-
-
total
6 471
7 628
-
-
Income
169 500
169 500
169 500
169 500
Total tax
30 328
24 578
27 544
34 225
After tax
139 172
144 922
141 956
135 275
Living cost
16 231
16 231
16 231
16 231
Free-cash
122 941
128 691
125 725
119 044

Estimated living cost  is ₽16231 per week

₽10735
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽929
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽387
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4180
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽50793
₽70962
₽52934
₽63140
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
169 500
income

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

-
-
-
52 758
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.

-
-
-
2 901
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.

-
-
-
6 447
trade
-
-
-
18 028
total
-
-
-
80 134
Employee

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

46 953
-
169 500
-
surtax

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

213
-
2 901
-
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.

3 861
-
52 758
-
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.

6 447
-
6 447
-
total
10 521
-
62 106
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
122 547
169 500
-
-
income
18 382
25 426
-
-
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.

1 012
1 399
-
-
chamber of commerce
322
392
-
-
trade
17 586
24 322
-
-
total
37 302
51 539
-
-
Dividends
85 245
117 961
-
-
surtax

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

1 153
1 603
-
-
withholding
20 952
29 133
-
-
total
22 105
30 736
-
-
Income
169 500
169 500
169 500
169 500
Total tax
69 928
82 275
62 106
80 134
After tax
99 572
87 225
107 394
89 366
Living cost
36 432
36 432
36 432
36 432
Free-cash
63 140
50 793
70 962
52 934

Estimated living cost  is ₽36432 per week

₽25132
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.
₽528
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6852
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽64895
₽35189
₽35189
₽66978
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
169 500
income
-
-
-
52 201
social contributions
-
-
-
28 355
total
-
-
-
80 556
Employee
73 816
-
169 500
-
income
13 929
-
52 201
-
social contributions
6 133
-
28 355
-
total
20 062
-
80 556
-
Employer
73 816
-
169 500
-
total
-
-
-
-
Corporate
95 684
169 500
-
-
income
11 961
21 187
-
-
total
11 961
21 187
-
-
Dividends
83 723
148 313
-
-
withholding
16 744
29 663
-
-
total
16 744
29 663
-
-
Income
169 500
169 500
169 500
169 500
Total tax
48 767
50 850
80 556
80 556
After tax
120 733
118 650
88 944
88 944
Living cost
53 755
53 755
53 755
53 755
Free-cash
66 978
64 895
35 189
35 189

Estimated living cost  is ₽53755 per week

₽40896
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4380
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽514
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7965
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽70934
₽86063
₽102674
₽74233
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
26 862
health

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

-
-
-
5 709
total
-
-
-
32 571
Employee
43 290
-
165 159
-
income
4 697
-
40 500
-
social contributions
4 337
-
4 341
-
total
9 034
-
44 841
-
Employer
43 290
-
165 159
-
social contributions
4 337
-
4 341
-
total
4 337
-
4 341
-
Corporate
121 873
169 500
-
-
income
42 655
59 325
-
-
total
42 655
59 325
-
-
Dividends
79 218
110 175
-
-
social contributions
4 986
4 986
-
-
total
4 986
4 986
-
-
Income
169 500
169 500
169 500
169 500
Total tax
61 012
64 311
49 182
32 571
After tax
108 488
105 189
120 318
136 929
Living cost
34 255
34 255
34 255
34 255
Free-cash
74 233
70 934
86 063
102 674

Estimated living cost  is ₽34255 per week

₽22564
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2701
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽525
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8465
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽75594
₽61844
₽77164
₽81168
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
169 500
income
-
-
-
48 841
pensions
-
-
-
8 541
total
-
-
-
57 382
Employee
47 979
-
148 034
-
pensions
3 662
-
10 479
-
income
8 737
-
38 626
-
health
626
-
2 131
-
total
13 025
-
51 236
-
Employer
47 979
-
148 034
-
health
912
-
2 812
-
pensions
4 847
-
18 654
-
total
5 759
-
21 466
-
Corporate
115 761
169 500
-
-
income

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

21 995
32 206
-
-
total
21 995
32 206
-
-
Dividends
93 767
137 294
-
-
withholding
12 599
26 746
-
-
total
12 599
26 746
-
-
Income
169 500
169 500
169 500
169 500
Total tax
53 378
58 952
72 702
57 382
After tax
116 122
110 548
96 798
112 118
Living cost
34 954
34 954
34 954
34 954
Free-cash
81 168
75 594
61 844
77 164

Estimated living cost  is ₽34954 per week

₽23978
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3214
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽437
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7322
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽8975
₽69422
₽93160
₽10247
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
241
income
-
-
-
46 997
other
-
-
-
353
health
-
-
-
2 079
pensions
-
-
-
3 966
total
-
-
-
53 636
Employee
35 715
-
152 708
-
pensions
4 022
-
7 272
-
income
4 900
-
35 825
-
health
4 089
-
17 485
-
total
13 011
-
60 582
-
Employer
35 715
-
152 708
-
pensions
5 807
-
10 501
-
accident
596
-
2 550
-
unemployment
875
-
3 741
-
total
7 278
-
16 792
-
Corporate
126 507
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.

113 856
152 550
-
-
total
113 856
152 550
-
-
Dividends
12 651
16 950
-
-
withholding
2 404
3 221
-
-
total
2 404
3 221
-
-
Income
169 500
169 500
169 500
169 500
Total tax
136 549
155 771
77 374
53 636
After tax
32 951
13 729
92 126
115 864
Living cost
22 704
22 704
22 704
22 704
Free-cash
10 247
-8 975
69 422
93 160

Estimated living cost  is ₽22704 per week

₽16662
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1323
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽457
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4261
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽129886
₽108002
₽87249
₽125470
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
27 996
unemployment
-
-
-
1 811
work injury
-
-
-
755
health insurance
-
-
-
11 169
pensions
-
-
-
27 772
total
-
-
-
69 503
Employee

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

20 397
-
169 500
-
health insurance
1 509
-
5 585
-
unemployment
245
-
906
-
work injury
102
-
377
-
pensions
3 753
-
13 886
-
income
2 040
-
27 996
-
total
7 649
-
48 750
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
149 103
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%.

1 491
1 695
-
-
total
1 491
1 695
-
-
Dividends
147 612
167 805
-
-
withholding
22 142
25 171
-
-
total
22 142
25 171
-
-
Income
169 500
169 500
169 500
169 500
Total tax
31 282
26 866
48 750
69 503
After tax
138 218
142 634
120 750
99 997
Living cost
12 748
12 748
12 748
12 748
Free-cash
125 470
129 886
108 002
87 249

Estimated living cost  is ₽12748 per week

₽7898
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽926
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽398
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3526
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽51688
₽33776
₽41217
₽47395
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
regional
-
-
-
3 885
municipal
-
-
-
1 134
national
-
-
-
42 076
total
-
-
-
90 690
Employee
79 519
-
169 500
-
municipal
475
-
1 012
-
national
13 438
-
36 516
-
regional
1 201
-
3 448
-
social contributions
26 813
-
57 155
-
total
41 927
-
98 131
-
Employer
79 519
-
169 500
-
total
-
-
-
-
Corporate
89 981
169 500
-
-
municipal
4 337
8 170
-
-
nationa
21 595
40 680
-
-
total
25 932
48 850
-
-
Dividends
64 048
120 651
-
-
withholding
16 653
31 369
-
-
total
16 653
31 369
-
-
Income
169 500
169 500
169 500
169 500
Total tax
84 512
80 219
98 131
90 690
After tax
84 988
89 281
71 369
78 810
Living cost
37 593
37 593
37 593
37 593
Free-cash
47 395
51 688
33 776
41 217

Estimated living cost  is ₽37593 per week

₽26407
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.
₽568
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8032
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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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