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
₽54730
₽65968
₽58358
₽77615
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
trade
-
-
-
19 257
income

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

-
-
-
51 343
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.

-
-
-
6 941
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.

-
-
-
2 825
total
-
-
-
80 366
Employee

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

38 862
-
169 500
-
health

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

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

6 941
-
6 941
-
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.

60
-
2 825
-
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.

1 086
-
51 343
-
total
8 087
-
61 109
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
130 638
169 500
-
-
surtax

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

1 078
1 398
-
-
income
19 596
25 425
-
-
trade
20 576
26 696
-
-
chamber of commerce
341
397
-
-
total
41 591
53 916
-
-
Dividends
89 047
115 584
-
-
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.

1 203
1 568
-
-
withholding
21 875
28 510
-
-
total
23 078
30 078
-
-
Income
169 500
169 500
169 500
169 500
Total tax
72 756
83 994
61 109
80 366
After tax
96 744
85 506
108 391
89 134
Living cost
30 776
30 776
30 776
30 776
Free-cash
65 968
54 730
77 615
58 358

Estimated living cost  is ₽30776 per week

₽19359
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3588
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽575
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7254
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽54501
₽53649
₽48885
₽50214
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
169 500
municipal
-
-
-
18 507
pensions
-
-
-
20 340
national
-
-
-
28 679
social contributions
-
-
-
1 822
total
-
-
-
69 348
Employee
79 474
-
146 531
-
municipal
9 816
-
19 164
-
pensions
3 179
-
5 861
-
national
15 211
-
29 696
-
total
28 206
-
54 721
-
Employer
79 474
-
146 531
-
social contributions
854
-
1 575
-
pensions
6 358
-
11 723
-
total
7 212
-
13 298
-
Corporate
77 569
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%.

15 514
33 900
-
-
total
15 514
33 900
-
-
Dividends
62 055
135 600
-
-
withholding
13 652
29 832
-
-
total
13 652
29 832
-
-
Income
169 500
169 500
169 500
169 500
Total tax
64 584
63 732
68 019
69 348
After tax
104 916
105 768
101 481
100 152
Living cost
51 267
51 267
51 267
51 267
Free-cash
53 649
54 501
50 214
48 885

Estimated living cost  is ₽51267 per week

₽34846
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4766
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽767
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10888
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽114463
₽106127
₽36540
₽48778
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
microenterprise
-
-
-
-
income
-
-
-
29 670
surtax
-
-
-
43 222
social contributions

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

-
-
-
38 930
total
-
-
-
111 822
Employee
29 690
-
126 423
-
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.

3 266
-
13 320
-
surtax
-
-
18 331
-
income
5 285
-
24 856
-
total
8 551
-
56 507
-
Employer
29 690
-
126 423
-
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.

7 152
-
29 171
-
surtax
-
-
13 906
-
total
7 152
-
43 077
-
Corporate
132 659
169 500
-
-
income

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

26 532
33 899
-
-
total
26 532
33 899
-
-
Dividends

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

106 127
135 601
-
-
total
-
-
-
-
Income
169 500
169 500
169 500
169 500
Total tax
42 235
33 899
99 584
111 822
After tax
127 265
135 601
69 916
57 678
Living cost
21 138
21 138
21 138
21 138
Free-cash
106 127
114 463
48 778
36 540

Estimated living cost  is ₽21138 per week

₽13486
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2013
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.
₽5160
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽41214
₽34988
₽51672
₽62306
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
50 830
pensions
-
-
-
11 905
health
-
-
-
12 529
total
-
-
-
75 264
Employee
86 768
86 768
150 617
-
health
13 318
11 328
12 529
-
income

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

14 202
14 202
21 314
-
pensions
15 618
11 905
11 905
-
total
43 138
37 435
45 748
-
Employer
86 768
86 768
150 617
-
unemployment
3 124
3 124
3 881
-
pensions
6 039
6 039
7 506
-
health
6 031
6 031
7 495
-
total
15 194
15 194
18 882
-
Corporate
68 603
67 538
-
-
income
13 721
13 507
-
-
total
13 721
13 507
-
-
Dividends
54 882
54 031
-
-
income
11 664
11 482
-
-
withholding
8 231
8 104
-
-
total
19 895
19 586
-
-
Income
169 500
169 500
169 500
169 500
Total tax
91 948
85 722
64 630
75 264
After tax
77 552
83 778
104 870
94 236
Living cost
42 564
42 564
42 564
42 564
Free-cash
34 988
41 214
62 306
51 672

Estimated living cost  is ₽42564 per week

₽30164
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3837
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽677
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7886
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽53405
₽52526
₽48098
₽47149
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
169 500
municipal
-
-
-
43 134
accident
-
-
-
172
pensions
-
-
-
9 273
other
-
-
-
9 968
unemployment
-
-
-
86
health
-
-
-
5 353
national
-
-
-
14 274
total
-
-
-
82 260
Employee
55 773
-
142 547
-
municipal
16 632
-
42 507
-
national
-
-
13 748
-
total
16 632
-
56 255
-
Employer
55 773
-
142 547
-
accident
112
-
172
-
other
6 481
-
9 968
-
unemployment
1 472
-
2 265
-
pensions
6 029
-
9 273
-
health
3 430
-
5 276
-
total
17 524
-
26 954
-
Corporate
96 203
169 500
-
-
income
21 165
37 290
-
-
total
21 165
37 290
-
-
Dividends
75 038
132 210
-
-
withholding
22 511
39 663
-
-
total
22 511
39 663
-
-
Income
169 500
169 500
169 500
169 500
Total tax
77 832
76 953
83 209
82 260
After tax
91 668
92 547
86 291
87 240
Living cost
39 142
39 142
39 142
39 142
Free-cash
52 526
53 405
47 149
48 098

Estimated living cost  is ₽39142 per week

₽25941
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3841
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽594
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8765
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽44719
₽58995
₽48365
₽68476
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
trade
-
-
-
20 111
income

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

-
-
-
51 343
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.

-
-
-
6 941
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.

-
-
-
2 825
total
-
-
-
81 220
Employee

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

51 527
-
169 500
-
health

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

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

6 941
-
6 941
-
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.

243
-
2 825
-
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.

4 427
-
51 343
-
total
11 611
-
61 109
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
117 973
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.

974
1 398
-
-
income
17 697
25 425
-
-
trade
19 407
27 883
-
-
chamber of commerce
322
395
-
-
total
38 400
55 101
-
-
Dividends
79 574
114 399
-
-
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.

1 072
1 552
-
-
withholding
19 507
28 213
-
-
total
20 579
29 765
-
-
Income
169 500
169 500
169 500
169 500
Total tax
70 590
84 866
61 109
81 220
After tax
98 910
84 634
108 391
88 280
Living cost
39 915
39 915
39 915
39 915
Free-cash
58 995
44 719
68 476
48 365

Estimated living cost  is ₽39915 per week

₽26696
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4209
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽596
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8415
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽90727
₽86512
₽83370
₽81856
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
169 500
income
-
-
-
32 411
health
-
-
-
4 323
social contributions
-
-
-
16 440
total
-
-
-
53 174
Employee
78 130
78 130
157 835
-
social contributions
3 797
6 484
8 746
-
health
777
1 329
2 684
-
income
8 204
7 233
31 593
-
total
12 778
15 046
43 023
-
Employer
78 130
78 130
157 835
-
social contributions
3 797
6 484
8 746
-
health
846
1 446
2 919
-
total
4 643
7 930
11 665
-
Corporate
119 123
83 439
-
-
income
14 891
10 429
-
-
total
14 891
10 429
-
-
Dividends
104 232
73 010
-
-
withholding
17 720
12 412
-
-
total
17 720
12 412
-
-
Income
169 500
169 500
169 500
169 500
Total tax
50 032
45 817
54 688
53 174
After tax
119 468
123 683
114 812
116 326
Living cost
32 956
32 956
32 956
32 956
Free-cash
86 512
90 727
81 856
83 370

Estimated living cost  is ₽32956 per week

₽22529
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2574
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.
₽7300
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽76833
₽77218
₽99020
₽79858
S + D Salary + Dividends

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

Dividends

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

Salary

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

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

The minimum wage is 138,000 HUF per month.

26 564
10 572
141 841
-
health
1 859
740
9 929
-
income
3 247
1 292
17 340
-
pensions
2 656
1 057
14 184
-
unemployment
398
159
2 128
-
total
8 160
3 248
43 581
-
Employer

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

The minimum wage is 138,000 HUF per month.

26 564
10 572
141 841
-
pensions
5 180
2 062
27 659
-
total
5 180
2 062
27 659
-
Corporate
137 756
156 866
-
-
income
12 398
14 118
-
-
total
12 398
14 118
-
-
Dividends
125 358
142 748
-
-
social contributions
24 324
27 715
-
-
withholding
23 818
27 122
-
-
total
48 142
54 837
-
-
Income
169 500
169 500
169 500
169 500
Total tax
73 880
74 265
71 240
52 078
After tax
95 620
95 235
98 260
117 422
Living cost
18 402
18 402
18 402
18 402
Free-cash
77 218
76 833
79 858
99 020

Estimated living cost  is ₽18402 per week

₽12558
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1506
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽368
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3971
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽111059
₽104747
₽66310
₽73154
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
22 714
pensions
-
-
-
33 899
health
-
-
-
22 035
total
-
-
-
78 648
Employee
28 824
-
126 681
-
income
3 245
-
24 424
-
pensions
577
-
2 534
-
unemployment
461
-
2 027
-
total
4 283
-
28 985
-
Employer
28 824
-
126 681
-
unemployment
231
-
1 014
-
pensions
5 765
-
25 336
-
health
3 746
-
16 469
-
total
9 742
-
42 819
-
Corporate
130 933
169 500
-
-
income
26 186
33 899
-
-
total
26 186
33 899
-
-
Dividends
104 746
135 601
-
-
total
-
-
-
-
Income
169 500
169 500
169 500
169 500
Total tax
40 211
33 899
71 804
78 648
After tax
129 289
135 601
97 696
90 852
Living cost
24 542
24 542
24 542
24 542
Free-cash
104 747
111 059
73 154
66 310

Estimated living cost  is ₽24542 per week

₽16833
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1462
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.
₽5754
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽8461
₽10325
₽93709
₽69591
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
255
income
-
-
-
46 575
pensions
-
-
-
4 197
other
-
-
-
374
health
-
-
-
2 200
total
-
-
-
53 601
Employee
34 905
-
152 120
-
health
3 997
-
17 418
-
income
4 789
-
35 226
-
pensions
3 930
-
7 695
-
total
12 716
-
60 339
-
Employer
34 905
-
152 120
-
accident
583
-
2 541
-
unemployment
855
-
3 727
-
pensions
5 676
-
11 112
-
total
7 114
-
17 380
-
Corporate
127 481
169 500
-
-
income

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

114 733
152 550
-
-
total
114 733
152 550
-
-
Dividends
12 748
16 950
-
-
withholding
2 422
3 221
-
-
total
2 422
3 221
-
-
Income
169 500
169 500
169 500
169 500
Total tax
136 985
155 771
77 719
53 601
After tax
32 515
13 729
91 781
115 899
Living cost
22 190
22 190
22 190
22 190
Free-cash
10 325
-8 461
69 591
93 709

Estimated living cost  is ₽22190 per week

₽16263
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1229
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽463
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4234
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽151763
₽150027
₽158543
₽126338
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
11 577
-
169 500
-
income
2 315
-
33 900
-
total
2 315
-
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%.

157 923
169 500
-
-
total
-
-
-
-
Dividends
157 923
169 500
-
-
withholding
7 896
8 475
-
-
total
7 896
8 475
-
-
Income
169 500
169 500
169 500
169 500
Total tax
10 211
8 475
33 900
1 695
After tax
159 289
161 025
135 600
167 805
Living cost
9 262
9 262
9 262
9 262
Free-cash
150 027
151 763
126 338
158 543

Estimated living cost  is ₽9262 per week

₽5740
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽770
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽255
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2498
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽97459
₽90596
₽65934
₽69218
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
25 271
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.

-
-
-
37 083
other
-
-
-
7 339
health
-
-
-
6 799
total
-
-
-
76 492
Employee
36 892
-
135 383
-
health
517
-
1 895
-
income
6 351
-
26 364
-
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.

2 582
-
9 477
-
unemployment
368
-
1 354
-
total
9 818
-
39 090
-
Employer
36 892
-
135 383
-
accident
295
-
1 084
-
other
1 845
-
6 770
-
unemployment
368
-
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.

6 272
-
23 015
-
health
517
-
1 895
-
total
9 297
-
34 118
-
Corporate
123 310
169 500
-
-
income
25 895
35 594
-
-
total
25 895
35 594
-
-
Dividends
97 415
133 906
-
-
withholding
6 820
9 373
-
-
total
6 820
9 373
-
-
Income
169 500
169 500
169 500
169 500
Total tax
51 830
44 967
73 208
76 492
After tax
117 670
124 533
96 292
93 008
Living cost
27 074
27 074
27 074
27 074
Free-cash
90 596
97 459
69 218
65 934

Estimated living cost  is ₽27074 per week

₽19129
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1828
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽436
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5680
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽43702
₽44554
₽44802
₽29400
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
47 314
pensions
-
-
-
8 987
total
-
-
-
56 301
Employee
96 771
-
148 166
-
health
1 595
-
2 190
-
income
17 444
-
37 046
-
pensions
9 336
-
11 134
-
total
28 375
-
50 370
-
Employer
96 771
-
148 166
-
pensions
11 426
-
18 518
-
health
1 838
-
2 815
-
total
13 264
-
21 333
-
Corporate
59 465
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.

11 297
32 206
-
-
total
11 297
32 206
-
-
Dividends
48 168
137 294
-
-
withholding
3 613
25 195
-
-
total
3 613
25 195
-
-
Income
169 500
169 500
169 500
169 500
Total tax
56 549
57 401
71 703
56 301
After tax
112 951
112 099
97 797
113 199
Living cost
68 397
68 397
68 397
68 397
Free-cash
44 554
43 702
29 400
44 802

Estimated living cost  is ₽68397 per week

₽51251
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽8036
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽556
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8554
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽131600
₽126882
₽121276
₽127823
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
pensions

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

-
-
-
5 253
unemployment
-
-
-
142
health
-
-
-
4 082
total
-
-
-
34 902
Employee
17 640
-
162 537
-
health
811
-
1 633
-
accident

We are using the highest rate at 1.1%.

194
-
390
-
income
1 764
-
16 253
-
pensions

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

1 549
-
3 116
-
total
4 318
-
21 392
-
Employer
17 640
-
162 537
-
accident

We are using the highest rate at 1.1%.

194
-
390
-
unemployment
105
-
213
-
pensions

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

1 944
-
3 911
-
health
1 218
-
2 449
-
total
3 461
-
6 963
-
Corporate
148 398
169 500
-
-
income
14 840
16 950
-
-
total
14 840
16 950
-
-
Dividends
133 558
152 550
-
-
withholding
6 677
7 628
-
-
total
6 677
7 628
-
-
Income
169 500
169 500
169 500
169 500
Total tax
29 296
24 578
28 355
34 902
After tax
140 204
144 922
141 145
134 598
Living cost
13 322
13 322
13 322
13 322
Free-cash
126 882
131 600
127 823
121 276

Estimated living cost  is ₽13322 per week

₽7778
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽951
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽353
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4240
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽27436
₽29990
₽37894
₽48528
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
50 830
pensions
-
-
-
11 905
health
-
-
-
12 529
total
-
-
-
75 264
Employee
94 202
86 768
150 617
-
health
11 752
11 328
12 529
-
income

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

14 202
14 202
21 314
-
pensions
11 905
11 905
11 905
-
total
37 859
37 435
45 748
-
Employer
94 202
86 768
150 617
-
unemployment
3 392
3 124
3 881
-
pensions
6 556
6 039
7 506
-
health
6 546
6 031
7 495
-
total
16 494
15 194
18 882
-
Corporate
58 805
67 538
-
-
income
11 762
13 507
-
-
total
11 762
13 507
-
-
Dividends
47 043
54 031
-
-
income
9 996
11 482
-
-
withholding
7 057
8 104
-
-
total
17 053
19 586
-
-
Income
169 500
169 500
169 500
169 500
Total tax
83 168
85 722
64 630
75 264
After tax
86 332
83 778
104 870
94 236
Living cost
56 342
56 342
56 342
56 342
Free-cash
29 990
27 436
48 528
37 894

Estimated living cost  is ₽56342 per week

₽41562
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽5033
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽646
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9103
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽92427
₽83766
₽70662
₽63280
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
169 500
income
-
-
-
16 753
health
-
-
-
22 882
solidarity contribution
-
-
-
-
social contributions
-
-
-
34 929
total
-
-
-
74 564
Employee
35 696
-
128 069
-
social contributions
2 320
-
7 775
-
health
4 819
-
17 289
-
solidarity contribution
-
-
-
-
income
4 284
-
15 451
-
total
11 423
-
40 515
-
Employer
35 696
-
128 069
-
social contributions
8 924
-
29 905
-
health
3 213
-
11 526
-
total
12 137
-
41 431
-
Corporate
121 667
169 500
-
-
income
23 117
32 205
-
-
total
23 117
32 205
-
-
Dividends
98 550
137 295
-
-
withholding
14 783
20 594
-
-
total
14 783
20 594
-
-
Income
169 500
169 500
169 500
169 500
Total tax
61 460
52 799
81 946
74 564
After tax
108 040
116 701
87 554
94 936
Living cost
24 274
24 274
24 274
24 274
Free-cash
83 766
92 427
63 280
70 662

Estimated living cost  is ₽24274 per week

₽16861
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1727
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽477
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5209
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽47561
₽42255
₽38689
₽31032
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
169 500
municipal
-
-
-
1 007
regional
-
-
-
1 990
national
-
-
-
41 344
social contributions
-
-
-
43 596
total
-
-
-
87 937
Employee
90 301
-
169 500
-
social contributions
30 450
-
57 155
-
regional
852
-
1 755
-
municipal
478
-
899
-
national
15 647
-
35 785
-
total
47 427
-
95 594
-
Employer
90 301
-
169 500
-
total
-
-
-
-
Corporate
79 199
169 500
-
-
nationa
19 008
40 681
-
-
municipal
3 089
6 610
-
-
total
22 097
47 291
-
-
Dividends
57 102
122 210
-
-
withholding
14 847
31 774
-
-
total
14 847
31 774
-
-
Income
169 500
169 500
169 500
169 500
Total tax
84 371
79 065
95 594
87 937
After tax
85 129
90 435
73 906
81 563
Living cost
42 874
42 874
42 874
42 874
Free-cash
42 255
47 561
31 032
38 689

Estimated living cost  is ₽42874 per week

₽29887
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2811
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽658
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9517
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽84194
₽81034
₽57913
₽51608
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
169 500
income
-
-
-
45 366
pensions
-
-
-
27 122
other
-
-
-
-
unemployment
-
-
-
231
health
-
-
-
9 627
surtax
-
-
-
6 820
total
-
-
-
89 166
Employee
33 601
-
140 955
-
other
-
-
-
-
health
858
-
3 457
-
surtax
110
-
5 698
-
income
5 632
-
39 288
-
pensions
2 241
-
9 045
-
unemployment
2 339
-
9 438
-
total
11 180
-
66 926
-
Employer
33 601
-
140 955
-
other
-
-
-
-
unemployment
1 064
-
4 298
-
pensions
4 479
-
18 077
-
health
1 529
-
6 170
-
total
7 072
-
28 545
-
Corporate
128 827
169 500
-
-
income
33 494
44 070
-
-
total
33 494
44 070
-
-
Dividends
95 333
125 430
-
-
withholding
14 299
18 815
-
-
total
14 299
18 815
-
-
Income
169 500
169 500
169 500
169 500
Total tax
66 045
62 885
95 471
89 166
After tax
103 455
106 615
74 029
80 334
Living cost
22 421
22 421
22 421
22 421
Free-cash
81 034
84 194
51 608
57 913

Estimated living cost  is ₽22421 per week

₽13709
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2069
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽517
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6126
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽65372
₽72130
₽66472
₽51070
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
47 314
pensions
-
-
-
8 987
total
-
-
-
56 301
Employee
64 853
-
148 166
-
health
941
-
2 190
-
income
11 680
-
37 046
-
pensions
5 505
-
11 134
-
total
18 126
-
50 370
-
Employer
64 853
-
148 166
-
pensions
7 020
-
18 518
-
health
1 232
-
2 815
-
total
8 252
-
21 333
-
Corporate
96 394
169 500
-
-
income

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

18 316
32 206
-
-
total
18 316
32 206
-
-
Dividends
78 079
137 294
-
-
withholding
5 949
25 195
-
-
total
5 949
25 195
-
-
Income
169 500
169 500
169 500
169 500
Total tax
50 643
57 401
71 703
56 301
After tax
118 857
112 099
97 797
113 199
Living cost
46 727
46 727
46 727
46 727
Free-cash
72 130
65 372
51 070
66 472

Estimated living cost  is ₽46727 per week

₽35007
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3502
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽489
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7728
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽117
₽33096
₽60087
₽52059
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
city
-
-
-
1 786
pensions
-
-
-
15 593
other

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

-
-
-
3 389
regional
-
-
-
8 120
health
-
-
-
381
national
-
-
-
2 518
total
-
-
-
31 787
Employee
90 843
-
151 712
-
city
975
-
1 629
-
regional
2 975
-
7 022
-
health
205
-
341
-
pensions
7 632
-
12 744
-
unemployment
-
-
-
-
national
430
-
1 960
-
total
12 217
-
23 696
-
Employer
90 843
-
151 712
-
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.

1 816
-
3 034
-
unemployment
-
-
-
-
pensions
7 632
-
12 744
-
health
205
-
341
-
total
9 653
-
16 119
-
Corporate
68 004
169 500
-
-
regional
14 383
35 849
-
-
national
5 780
14 407
-
-
total
20 163
50 256
-
-
Dividends
47 842
119 244
-
-
withholding
16 745
41 735
-
-
total
16 745
41 735
-
-
Income
169 500
169 500
169 500
169 500
Total tax
58 778
91 991
39 815
31 787
After tax
110 722
77 509
129 685
137 713
Living cost
77 626
77 626
77 626
77 626
Free-cash
33 096
-117
52 059
60 087

Estimated living cost  is ₽77626 per week

₽50479
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽6966
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽953
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽19228
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽37216
₽53692
₽40878
₽61845
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
trade
-
-
-
20 967
income

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

-
-
-
51 343
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.

-
-
-
6 941
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.

-
-
-
2 825
total
-
-
-
82 076
Employee

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

61 064
-
169 500
-
health

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

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

6 941
-
6 941
-
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.

395
-
2 825
-
income

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

7 181
-
51 343
-
total
14 517
-
61 109
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
108 436
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.

895
1 398
-
-
income
16 266
25 425
-
-
trade
18 597
29 069
-
-
chamber of commerce
307
393
-
-
total
36 065
56 285
-
-
Dividends
72 372
113 215
-
-
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.

974
1 535
-
-
withholding
17 706
27 918
-
-
total
18 680
29 453
-
-
Income
169 500
169 500
169 500
169 500
Total tax
69 262
85 738
61 109
82 076
After tax
100 238
83 762
108 391
87 424
Living cost
46 546
46 546
46 546
46 546
Free-cash
53 692
37 216
61 845
40 878

Estimated living cost  is ₽46546 per week

₽33996
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3723
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽605
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8224
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽50665
₽56666
₽60910
₽59432
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
25 746
pensions
-
-
-
31 127
other
-
-
-
5 254
health
-
-
-
6 870
surtax
-
-
-
-
social contributions
-
-
-
4 830
total
-
-
-
73 827
Employee
43 486
-
131 874
-
social contributions
1 240
-
3 758
-
surtax
-
-
-
-
income
2 566
-
25 035
-
pensions
4 917
-
8 885
-
total
8 723
-
37 678
-
Employer
43 486
-
131 874
-
other
1 500
-
5 022
-
social contributions
131
-
395
-
unemployment
1 760
-
5 341
-
pensions
7 144
-
15 006
-
health
3 045
-
11 863
-
total
13 580
-
37 627
-
Corporate
112 434
169 500
-
-
surtax
-
-
-
-
income
31 481
47 460
-
-
total
31 481
47 460
-
-
Dividends
80 953
122 040
-
-
surtax
-
-
-
-
social contributions
13 925
20 990
-
-
withholding
10 362
15 622
-
-
total
24 287
36 612
-
-
Income
169 500
169 500
169 500
169 500
Total tax
78 071
84 072
75 305
73 827
After tax
91 429
85 428
94 195
95 673
Living cost
34 763
34 763
34 763
34 763
Free-cash
56 666
50 665
59 432
60 910

Estimated living cost  is ₽34763 per week

₽21919
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2827
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽592
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9427
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽54109
₽59756
₽64354
₽62876
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
25 746
pensions
-
-
-
31 127
other
-
-
-
5 254
health
-
-
-
6 870
surtax
-
-
-
-
social contributions
-
-
-
4 830
total
-
-
-
73 827
Employee
38 817
-
131 874
-
social contributions
1 107
-
3 758
-
surtax
-
-
-
-
income
2 001
-
25 035
-
pensions
4 390
-
8 885
-
total
7 498
-
37 678
-
Employer
38 817
-
131 874
-
other
1 340
-
5 022
-
social contributions
116
-
395
-
unemployment
1 571
-
5 341
-
pensions
6 378
-
15 006
-
health
2 717
-
11 863
-
total
12 122
-
37 627
-
Corporate
118 560
169 500
-
-
surtax
-
-
-
-
income
33 197
47 460
-
-
total
33 197
47 460
-
-
Dividends
85 363
122 040
-
-
surtax
-
-
-
-
social contributions
14 681
20 990
-
-
withholding
10 927
15 622
-
-
total
25 608
36 612
-
-
Income
169 500
169 500
169 500
169 500
Total tax
78 425
84 072
75 305
73 827
After tax
91 075
85 428
94 195
95 673
Living cost
31 319
31 319
31 319
31 319
Free-cash
59 756
54 109
62 876
64 354

Estimated living cost  is ₽31319 per week

₽18163
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3181
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽594
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9381
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽81866
₽82395
₽87308
₽84090
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
11 831
social contributions
-
-
-
23 391
total
-
-
-
60 647
Employee
34 451
-
169 500
-
social contributions
4 755
-
23 391
-
health
2 404
-
11 831
-
income
5 746
-
28 643
-
total
12 905
-
63 865
-
Employer
34 451
-
169 500
-
total
-
-
-
-
Corporate
135 049
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%.

6 752
8 474
-
-
total
6 752
8 474
-
-
Dividends
128 297
161 026
-
-
health
8 954
11 239
-
-
social contributions
17 704
22 222
-
-
withholding
19 245
24 154
-
-
total
45 903
57 615
-
-
Income
169 500
169 500
169 500
169 500
Total tax
65 560
66 089
63 865
60 647
After tax
103 940
103 411
105 635
108 853
Living cost
21 545
21 545
21 545
21 545
Free-cash
82 395
81 866
84 090
87 308

Estimated living cost  is ₽21545 per week

₽14419
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1329
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽496
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5301
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽58069
₽56500
₽51165
₽9066
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
chamber of commerce
-
-
-
679
income
-
-
-
44 381
pensions
-
-
-
21 960
unemployment
-
-
-
6 232
health
-
-
-
9 080
surtax
-
-
-
201
total
-
-
-
82 533
Employee
50 778
40 492
134 020
-
other
507
405
1 188
-
health
1 965
1 568
4 593
-
income
5 781
2 987
35 112
-
pensions
5 200
4 146
12 155
-
unemployment
1 523
1 215
3 561
-
total
14 976
10 321
56 609
-
Employer
50 778
40 492
134 020
-
accident
659
526
1 543
-
other
2 412
1 922
6 236
-
chamber of commerce
202
162
536
-
unemployment
1 523
1 215
3 561
-
surtax
201
201
201
-
pensions
6 373
5 083
14 897
-
payroll
1 523
1 215
4 020
-
health
1 919
1 531
4 487
-
total
14 812
11 855
35 481
-
Corporate
103 910
117 154
130 163
-
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.

25 978
29 289
32 542
-
total
25 978
29 289
32 542
-
Dividends
77 931
87 865
-
-
withholding
21 432
24 164
-
-
total
21 432
24 164
-
-
Income
169 500
169 500
169 500
169 500
Total tax
77 198
75 629
124 632
82 533
After tax
92 302
93 871
44 868
86 967
Living cost
35 802
35 802
35 802
35 802
Free-cash
56 500
58 069
9 066
51 165

Estimated living cost  is ₽35802 per week

₽23878
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3054
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽588
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8281
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽57769
₽42529
₽36376
₽23166
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
169 500
national
-
-
-
62 095
communal

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

-
-
-
8 650
social contributions
-
-
-
25 332
total
-
-
-
96 077
Employee

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

72 680
-
131 282
-
communal

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

3 791
-
6 847
-
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.

3 415
-
6 170
-
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.

5 451
-
9 845
-
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.

632
-
1 141
-
national
22 345
-
47 072
-
total
35 634
-
71 075
-
Employer

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

72 680
-
131 282
-
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.

945
-
1 706
-
unemployment

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

1 060
-
1 917
-
surtax
8 241
-
14 885
-
pensions

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

6 440
-
11 631
-
health

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

4 470
-
8 073
-
total
21 156
-
38 212
-
Corporate
75 664
169 500
-
-
surtax
303
679
-
-
income
15 132
33 899
-
-
total
15 435
34 578
-
-
Dividends
60 229
134 922
-
-
withholding

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

17 699
40 106
-
-
total
17 699
40 106
-
-
Income
169 500
169 500
169 500
169 500
Total tax
89 924
74 684
109 287
96 077
After tax
79 576
94 816
60 213
73 423
Living cost
37 047
37 047
37 047
37 047
Free-cash
42 529
57 769
23 166
36 376

Estimated living cost  is ₽37047 per week

₽23863
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3239
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽580
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9365
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽76403
₽69263
₽58537
₽54272
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
848
income
-
-
-
46 017
pensions
-
-
-
26 651
other
-
-
-
94
unemployment
-
-
-
659
total
-
-
-
74 269
Employee
50 577
-
139 476
-
other
50
-
94
-
income
10 671
-
42 529
-
pensions
2 377
-
4 427
-
unemployment
785
-
1 460
-
total
13 883
-
48 510
-
Employer
50 577
-
139 476
-
accident
1 001
-
1 865
-
other
403
-
754
-
unemployment
2 782
-
5 179
-
pensions
11 935
-
22 226
-
total
16 121
-
30 024
-
Corporate
102 801
169 500
-
-
income

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

15 420
25 425
-
-
total
15 420
25 425
-
-
Dividends
87 382
144 075
-
-
withholding
18 119
30 978
-
-
total
18 119
30 978
-
-
Income
169 500
169 500
169 500
169 500
Total tax
63 543
56 403
78 534
74 269
After tax
105 957
113 097
90 966
95 231
Living cost
36 694
36 694
36 694
36 694
Free-cash
69 263
76 403
54 272
58 537

Estimated living cost  is ₽36694 per week

₽27021
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2603
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.
₽6540
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽44527
₽31979
₽29646
₽36403
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
169 500
accident
-
-
-
1 429
income
-
-
-
26 776
pensions
-
-
-
25 406
health
-
-
-
11 910
surtax
-
-
-
8 403
communal
-
-
-
10 713
total
-
-
-
84 637
Employee
76 946
-
151 406
-
health
3 424
-
6 737
-
surtax
4 716
-
9 278
-
income
7 432
-
31 658
-
pensions
6 155
-
12 113
-
total
21 727
-
59 786
-
Employer
76 946
-
151 406
-
accident
692
-
1 363
-
pensions
6 155
-
12 113
-
health
2 347
-
4 618
-
total
9 194
-
18 094
-
Corporate
83 361
169 500
-
-
surtax
875
1 780
-
-
communal
5 626
11 442
-
-
income
12 504
25 425
-
-
total
19 005
38 647
-
-
Dividends
64 355
130 854
-
-
income
22 726
11 480
-
-
withholding
9 652
19 629
-
-
total
32 378
31 109
-
-
Income
169 500
169 500
169 500
169 500
Total tax
82 304
69 756
77 880
84 637
After tax
87 196
99 744
91 620
84 863
Living cost
55 217
55 217
55 217
55 217
Free-cash
31 979
44 527
36 403
29 646

Estimated living cost  is ₽55217 per week

₽41421
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3345
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽584
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9865
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽83793
₽80563
₽57512
₽51207
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
169 500
income
-
-
-
45 366
pensions
-
-
-
27 122
other
-
-
-
-
unemployment
-
-
-
231
health
-
-
-
9 627
surtax
-
-
-
6 820
total
-
-
-
89 166
Employee
34 217
-
140 955
-
other
-
-
-
-
health
873
-
3 457
-
surtax
121
-
5 698
-
income
5 736
-
39 288
-
pensions
2 283
-
9 045
-
unemployment
2 381
-
9 438
-
total
11 394
-
66 926
-
Employer
34 217
-
140 955
-
other
-
-
-
-
unemployment
1 086
-
4 298
-
pensions
4 562
-
18 077
-
health
1 556
-
6 170
-
total
7 204
-
28 545
-
Corporate
128 079
169 500
-
-
income
33 301
44 070
-
-
total
33 301
44 070
-
-
Dividends
94 777
125 430
-
-
withholding
14 216
18 815
-
-
total
14 216
18 815
-
-
Income
169 500
169 500
169 500
169 500
Total tax
66 115
62 885
95 471
89 166
After tax
103 385
106 615
74 029
80 334
Living cost
22 822
22 822
22 822
22 822
Free-cash
80 563
83 793
51 207
57 512

Estimated living cost  is ₽22822 per week

₽13779
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1984
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽530
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6531
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽61722
₽59466
₽53626
₽46010
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
169 500
municipal
-
-
-
1 007
regional
-
-
-
2 556
national
-
-
-
41 344
social contributions
-
-
-
43 596
total
-
-
-
88 503
Employee
56 363
-
169 500
-
social contributions
19 006
-
57 155
-
regional
759
-
2 280
-
municipal
299
-
899
-
national
8 929
-
35 785
-
total
28 993
-
96 119
-
Employer
56 363
-
169 500
-
total
-
-
-
-
Corporate
113 137
169 500
-
-
nationa
27 153
40 681
-
-
municipal
5 623
8 424
-
-
total
32 776
49 105
-
-
Dividends
80 362
120 395
-
-
withholding
20 894
31 302
-
-
total
20 894
31 302
-
-
Income
169 500
169 500
169 500
169 500
Total tax
82 663
80 407
96 119
88 503
After tax
86 837
89 093
73 381
80 997
Living cost
27 371
27 371
27 371
27 371
Free-cash
59 466
61 722
46 010
53 626

Estimated living cost  is ₽27371 per week

₽17022
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2773
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽469
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7107
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽86790
₽76119
₽65025
₽57643
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
169 500
income
-
-
-
16 753
health
-
-
-
22 882
solidarity contribution
-
-
-
-
social contributions
-
-
-
34 929
total
-
-
-
74 564
Employee
43 987
-
128 069
-
social contributions
2 859
-
7 775
-
health
5 938
-
17 289
-
solidarity contribution
-
-
-
-
income
5 278
-
15 451
-
total
14 075
-
40 515
-
Employer
43 987
-
128 069
-
social contributions
10 997
-
29 905
-
health
3 959
-
11 526
-
total
14 956
-
41 431
-
Corporate
110 557
169 500
-
-
income
21 006
32 205
-
-
total
21 006
32 205
-
-
Dividends
89 551
137 295
-
-
withholding
13 433
20 594
-
-
total
13 433
20 594
-
-
Income
169 500
169 500
169 500
169 500
Total tax
63 470
52 799
81 946
74 564
After tax
106 030
116 701
87 554
94 936
Living cost
29 911
29 911
29 911
29 911
Free-cash
76 119
86 790
57 643
65 025

Estimated living cost  is ₽29911 per week

₽22244
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1657
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽517
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5493
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Prague model

Close
Graz , Austria
₽61566
₽61066
₽54752
₽12515
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
chamber of commerce
-
-
-
679
income
-
-
-
44 381
pensions
-
-
-
21 960
unemployment
-
-
-
6 232
health
-
-
-
9 080
surtax
-
-
-
-
total
-
-
-
82 332
Employee
44 415
40 492
134 207
-
other
443
405
1 188
-
health
1 718
1 568
4 593
-
income
3 957
2 987
35 191
-
pensions
4 549
4 146
12 155
-
unemployment
1 332
1 215
3 561
-
total
11 999
10 321
56 688
-
Employer
44 415
40 492
134 207
-
accident
577
526
1 543
-
other
2 109
1 922
6 243
-
chamber of commerce
177
162
536
-
unemployment
1 332
1 215
3 561
-
surtax
-
-
-
-
pensions
5 574
5 083
14 897
-
payroll
1 332
1 215
4 026
-
health
1 679
1 531
4 487
-
total
12 780
11 654
35 293
-
Corporate
112 303
117 355
130 350
-
income

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

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

28 076
29 339
32 588
-
total
28 076
29 339
32 588
-
Dividends
84 227
88 015
-
-
withholding
23 163
24 204
-
-
total
23 163
24 204
-
-
Income
169 500
169 500
169 500
169 500
Total tax
76 018
75 518
124 569
82 332
After tax
93 482
93 982
44 931
87 168
Living cost
32 416
32 416
32 416
32 416
Free-cash
61 066
61 566
12 515
54 752

Estimated living cost  is ₽32416 per week

₽19446
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3311
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽578
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9082
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽146592
₽143886
₽153372
₽121167
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
18 041
-
169 500
-
income
3 608
-
33 900
-
total
3 608
-
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%.

151 459
169 500
-
-
total
-
-
-
-
Dividends
151 459
169 500
-
-
withholding
7 573
8 475
-
-
total
7 573
8 475
-
-
Income
169 500
169 500
169 500
169 500
Total tax
11 181
8 475
33 900
1 695
After tax
158 319
161 025
135 600
167 805
Living cost
14 433
14 433
14 433
14 433
Free-cash
143 886
146 592
121 167
153 372

Estimated living cost  is ₽14433 per week

₽9767
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽606
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.
₽3576
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽89448
₽80946
₽56011
₽51522
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
38 347
pensions
-
-
-
30 955
unemployment
-
-
-
255
health
-
-
-
16 679
total
-
-
-
86 236
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.

44 931
-
146 663
-
health
2 902
-
9 475
-
income
7 748
-
35 476
-
pensions
6 965
-
22 733
-
unemployment
64
-
204
-
total
17 679
-
67 888
-
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.

44 931
-
146 663
-
unemployment
27
-
89
-
pensions
3 976
-
12 980
-
health
2 993
-
9 768
-
total
6 996
-
22 837
-
Corporate
117 574
169 500
-
-
income
22 340
32 204
-
-
total
22 340
32 204
-
-
Dividends
95 234
137 296
-
-
withholding
14 286
20 595
-
-
total
14 286
20 595
-
-
Income
169 500
169 500
169 500
169 500
Total tax
61 301
52 799
90 725
86 236
After tax
108 199
116 701
78 775
83 264
Living cost
27 253
27 253
27 253
27 253
Free-cash
80 946
89 448
51 522
56 011

Estimated living cost  is ₽27253 per week

₽18703
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1747
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.
₽6276
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽59231
₽10843
₽73245
₽112225
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
169 500
income
-
-
-
33 039
social contributions
-
-
-
19 323
total
-
-
-
52 362
Employee
62 937
-
-
-
social contributions
5 161
-
735
-
income
13 883
-
-
-
total
19 044
-
735
-
Employer
62 937
-
-
-
social contributions
88 740
-
12 647
-
total
88 740
-
12 647
-
Corporate
17 823
169 500
-
-
income
3 921
37 290
-
-
total
3 921
37 290
-
-
Dividends
13 902
132 210
-
-
income
3 059
29 086
-
-
total
3 059
29 086
-
-
Income
169 500
169 500
169 500
169 500
Total tax
114 764
66 376
13 382
52 362
After tax
54 736
103 124
156 118
117 138
Living cost
43 893
43 893
43 893
43 893
Free-cash
10 843
59 231
112 225
73 245

Estimated living cost  is ₽43893 per week

₽28480
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4128
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽559
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10726
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽64542
₽63517
₽59286
₽46661
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
169 500
income
-
-
-
19 441
surtax
-
-
-
-
social contributions

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

-
-
-
58 902
total
-
-
-
78 343
Employee
46 731
-
136 970
-
social contributions
5 141
-
15 067
-
surtax
-
-
-
-
income
9 720
-
43 371
-
total
14 861
-
58 438
-
Employer
46 731
-
136 970
-
social contributions
11 099
-
32 530
-
total
11 099
-
32 530
-
Corporate
111 670
169 500
-
-
surtax
-
-
-
-
income
23 450
35 594
-
-
total
23 450
35 594
-
-
Dividends
88 220
133 906
-
-
withholding
24 702
37 493
-
-
total
24 702
37 493
-
-
Income
169 500
169 500
169 500
169 500
Total tax
74 112
73 087
90 968
78 343
After tax
95 388
96 413
78 532
91 157
Living cost
31 871
31 871
31 871
31 871
Free-cash
63 517
64 542
46 661
59 286

Estimated living cost  is ₽31871 per week

₽23846
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1880
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽532
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5613
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽36353
₽43336
₽46598
₽45120
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
25 746
pensions
-
-
-
31 127
other
-
-
-
5 254
health
-
-
-
6 870
surtax
-
-
-
-
social contributions
-
-
-
4 830
total
-
-
-
73 827
Employee
63 638
-
131 874
-
social contributions
1 812
-
3 758
-
surtax
-
-
-
-
income
5 553
-
25 035
-
pensions
7 198
-
8 885
-
total
14 563
-
37 678
-
Employer
63 638
-
131 874
-
other
2 196
-
5 022
-
social contributions
191
-
395
-
unemployment
2 578
-
5 341
-
pensions
10 456
-
15 006
-
health
4 454
-
11 863
-
total
19 875
-
37 627
-
Corporate
85 986
169 500
-
-
surtax
-
-
-
-
income
24 077
47 460
-
-
total
24 077
47 460
-
-
Dividends
61 909
122 040
-
-
surtax
-
-
-
-
social contributions
10 649
20 990
-
-
withholding
7 925
15 622
-
-
total
18 574
36 612
-
-
Income
169 500
169 500
169 500
169 500
Total tax
77 089
84 072
75 305
73 827
After tax
92 411
85 428
94 195
95 673
Living cost
49 074
49 074
49 074
49 074
Free-cash
43 336
36 353
45 120
46 598

Estimated living cost  is ₽49074 per week

₽33213
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4014
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽673
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽11174
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽122007
₽118595
₽94616
₽99121
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
7 051
social contributions
-
-
-
37 291
total
-
-
-
44 342
Employee
32 665
-
146 753
-
income
-
-
7 551
-
social contributions
2 123
-
9 539
-
total
2 123
-
17 090
-
Employer
32 665
-
146 753
-
social contributions
5 063
-
22 747
-
total
5 063
-
22 747
-
Corporate
131 771
169 500
-
-
income
13 177
16 951
-
-
total
13 177
16 951
-
-
Dividends
118 594
152 549
-
-
total
-
-
-
-
Income
169 500
169 500
169 500
169 500
Total tax
20 363
16 951
39 837
44 342
After tax
149 137
152 549
129 663
125 158
Living cost
30 542
30 542
30 542
30 542
Free-cash
118 595
122 007
99 121
94 616

Estimated living cost  is ₽30542 per week

₽19748
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2302
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽575
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7917
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽51852
-₽51852
₽51585
-₽51852
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
169 500
municipal
-
-
-
35 027
pensions
-
-
-
881
national
-
-
-
19 589
labour market
-
-
-
13 490
total
-
-
-
68 987
Employee
206 514
206 514
206 514
-
labour market
16 498
16 498
16 498
-
national
25 229
25 229
25 229
-
municipal
43 976
43 976
43 976
-
pensions
294
294
294
-
total
85 997
85 997
85 997
-
Employer
206 514
206 514
206 514
-
labour market
16 521
16 521
16 521
-
municipal
44 046
44 046
44 046
-
pensions
587
587
587
-
national
25 273
25 273
25 273
-
total
86 427
86 427
86 427
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
169 500
169 500
169 500
169 500
Total tax
172 424
172 424
172 424
68 987
After tax
-2 924
-2 924
-2 924
100 513
Living cost
48 928
48 928
48 928
48 928
Free-cash
-51 852
-51 852
-51 852
51 585

Estimated living cost  is ₽48928 per week

₽33487
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4328
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽752
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10360
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽8133
₽10376
₽94037
₽69919
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
255
income
-
-
-
46 575
pensions
-
-
-
4 197
other
-
-
-
374
health
-
-
-
2 200
total
-
-
-
53 601
Employee
34 391
-
152 120
-
health
3 938
-
17 418
-
income
4 718
-
35 226
-
pensions
3 873
-
7 695
-
total
12 529
-
60 339
-
Employer
34 391
-
152 120
-
accident
574
-
2 541
-
unemployment
843
-
3 727
-
pensions
5 592
-
11 112
-
total
7 009
-
17 380
-
Corporate
128 100
169 500
-
-
income

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

115 290
152 550
-
-
total
115 290
152 550
-
-
Dividends
12 810
16 950
-
-
withholding
2 434
3 221
-
-
total
2 434
3 221
-
-
Income
169 500
169 500
169 500
169 500
Total tax
137 262
155 771
77 719
53 601
After tax
32 238
13 729
91 781
115 899
Living cost
21 862
21 862
21 862
21 862
Free-cash
10 376
-8 133
69 919
94 037

Estimated living cost  is ₽21862 per week

₽15913
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1246
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽410
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4292
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽67793
₽70116
₽71694
₽50512
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
municipal
-
-
-
30 116
health
-
-
-
2 187
national
-
-
-
26 494
total
-
-
-
58 797
Employee
53 457
-
142 592
-
health
399
-
1 772
-
municipal
8 756
-
23 231
-
pensions
3 608
-
9 625
-
unemployment
802
-
2 138
-
national
883
-
16 306
-
total
14 448
-
53 072
-
Employer
53 457
-
142 592
-
accident
54
-
143
-
unemployment
347
-
927
-
pensions
9 275
-
24 740
-
health
411
-
1 097
-
total
10 087
-
26 907
-
Corporate
105 957
169 500
-
-
income
21 191
33 899
-
-
total
21 191
33 899
-
-
Dividends

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

63 574
101 701
-
-
national
3 205
10 493
-
-
municipal
11 444
18 306
-
-
total
14 649
28 799
-
-
Income
169 500
169 500
169 500
169 500
Total tax
60 375
62 698
79 979
58 797
After tax
109 125
106 802
89 521
110 703
Living cost
39 009
39 009
39 009
39 009
Free-cash
70 116
67 793
50 512
71 694

Estimated living cost  is ₽39009 per week

₽25481
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3752
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽621
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9157
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽100158
₽94628
₽92801
₽91287
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
169 500
income
-
-
-
32 411
health
-
-
-
4 323
social contributions
-
-
-
16 440
total
-
-
-
53 174
Employee
78 130
78 130
157 835
-
social contributions
2 954
6 484
8 746
-
health
605
1 329
2 684
-
income
8 507
7 233
31 593
-
total
12 066
15 046
43 023
-
Employer
78 130
78 130
157 835
-
social contributions
2 954
6 484
8 746
-
health
658
1 446
2 919
-
total
3 612
7 930
11 665
-
Corporate
130 297
83 439
-
-
income
16 287
10 429
-
-
total
16 287
10 429
-
-
Dividends
114 010
73 010
-
-
withholding
19 382
12 412
-
-
total
19 382
12 412
-
-
Income
169 500
169 500
169 500
169 500
Total tax
51 347
45 817
54 688
53 174
After tax
118 153
123 683
114 812
116 326
Living cost
23 525
23 525
23 525
23 525
Free-cash
94 628
100 158
91 287
92 801

Estimated living cost  is ₽23525 per week

₽14099
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2308
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽521
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6598
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽124229
₽119061
₽126032
₽105652
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
17 167
pensions
-
-
-
6 463
unemployment
-
-
-
29
health
-
-
-
3 677
total
-
-
-
27 336
Employee

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

23 322
-
159 570
-
health
1 982
-
8 195
-
income
1 595
-
14 648
-
pensions
3 498
-
14 461
-
unemployment
116
-
482
-
total
7 191
-
37 786
-
Employer

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

23 322
-
159 570
-
unemployment
116
-
482
-
pensions
1 282
-
5 302
-
health
1 003
-
4 146
-
total
2 401
-
9 930
-
Corporate
143 777
169 500
-
-
income
12 940
15 256
-
-
total
12 940
15 256
-
-
Dividends
130 837
154 244
-
-
withholding
11 775
13 883
-
-
total
11 775
13 883
-
-
Income
169 500
169 500
169 500
169 500
Total tax
34 307
29 139
47 716
27 336
After tax
135 193
140 361
121 784
142 164
Living cost
16 132
16 132
16 132
16 132
Free-cash
119 061
124 229
105 652
126 032

Estimated living cost  is ₽16132 per week

₽10293
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1163
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.
₽4196
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽85156
₽80668
₽67290
₽63025
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
848
income
-
-
-
46 017
pensions
-
-
-
26 651
other
-
-
-
94
unemployment
-
-
-
659
total
-
-
-
74 269
Employee
37 570
-
139 476
-
other
37
-
94
-
income
7 243
-
42 529
-
pensions
1 766
-
4 427
-
unemployment
582
-
1 460
-
total
9 628
-
48 510
-
Employer
37 570
-
139 476
-
accident
744
-
1 865
-
other
301
-
754
-
unemployment
2 067
-
5 179
-
pensions
8 866
-
22 226
-
total
11 978
-
30 024
-
Corporate
119 952
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.

17 994
25 425
-
-
total
17 994
25 425
-
-
Dividends
101 959
144 075
-
-
withholding
21 291
30 978
-
-
total
21 291
30 978
-
-
Income
169 500
169 500
169 500
169 500
Total tax
60 891
56 403
78 534
74 269
After tax
108 609
113 097
90 966
95 231
Living cost
27 941
27 941
27 941
27 941
Free-cash
80 668
85 156
63 025
67 290

Estimated living cost  is ₽27941 per week

₽18859
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2686
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽490
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5906
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽102987
₽102531
₽105760
₽105563
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
57 459
pensions
-
-
-
2 029
health
-
-
-
1 471
total
-
-
-
60 959
Employee
4 236
-
167 218
-
health
212
-
507
-
income
820
-
57 352
-
pensions
381
-
913
-
unemployment
42
-
101
-
total
1 455
-
58 873
-
Employer
4 236
-
167 218
-
unemployment
85
-
203
-
pensions
466
-
1 116
-
health
402
-
964
-
total
953
-
2 283
-
Corporate
164 310
169 500
-
-
income
36 148
37 290
-
-
total
36 148
37 290
-
-
Dividends
128 162
132 210
-
-
withholding
25 632
26 442
-
-
total
25 632
26 442
-
-
Income
169 500
169 500
169 500
169 500
Total tax
64 188
63 732
61 156
60 959
After tax
105 312
105 768
108 344
108 541
Living cost
2 781
2 781
2 781
2 781
Free-cash
102 531
102 987
105 563
105 760

Estimated living cost  is ₽2781 per week

₽1653
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽225
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽64
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽839
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽104906
₽99908
₽85446
₽85445
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
38 134
pensions
-
-
-
19 509
unemployment
-
-
-
1 125
health
-
-
-
7 728
total
-
-
-
66 496
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.

26 477
-
156 069
-
health
1 364
-
3 864
-
income
3 650
-
38 134
-
pensions
3 707
-
10 505
-
unemployment
199
-
563
-
total
8 920
-
53 066
-
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.

26 477
-
156 069
-
unemployment
199
-
563
-
pensions
3 177
-
9 004
-
health
1 364
-
3 864
-
total
4 740
-
13 431
-
Corporate
138 284
169 500
-
-
income
20 743
25 425
-
-
total
20 743
25 425
-
-
Dividends
117 541
144 075
-
-
withholding
17 631
21 611
-
-
total
17 631
21 611
-
-
Income
169 500
169 500
169 500
169 500
Total tax
52 034
47 036
66 497
66 496
After tax
117 466
122 464
103 003
103 004
Living cost
17 558
17 558
17 558
17 558
Free-cash
99 908
104 906
85 445
85 446

Estimated living cost  is ₽17558 per week

₽11822
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1358
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽508
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3870
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽69021
₽68655
₽63765
₽51140
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
169 500
income
-
-
-
19 441
surtax
-
-
-
-
social contributions

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

-
-
-
58 902
total
-
-
-
78 343
Employee
39 436
-
136 970
-
social contributions
4 338
-
15 067
-
surtax
-
-
-
-
income
7 705
-
43 371
-
total
12 043
-
58 438
-
Employer
39 436
-
136 970
-
social contributions
9 365
-
32 530
-
total
9 365
-
32 530
-
Corporate
120 699
169 500
-
-
surtax
-
-
-
-
income
25 348
35 594
-
-
total
25 348
35 594
-
-
Dividends
95 351
133 906
-
-
withholding
26 697
37 493
-
-
total
26 697
37 493
-
-
Income
169 500
169 500
169 500
169 500
Total tax
73 453
73 087
90 968
78 343
After tax
96 047
96 413
78 532
91 157
Living cost
27 392
27 392
27 392
27 392
Free-cash
68 655
69 021
51 140
63 765

Estimated living cost  is ₽27392 per week

₽19401
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1903
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽486
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5603
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽77388
₽70593
₽59522
₽55257
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
848
income
-
-
-
46 017
pensions
-
-
-
26 651
other
-
-
-
94
unemployment
-
-
-
659
total
-
-
-
74 269
Employee
49 071
-
139 476
-
other
48
-
94
-
income
10 249
-
42 529
-
pensions
2 306
-
4 427
-
unemployment
760
-
1 460
-
total
13 363
-
48 510
-
Employer
49 071
-
139 476
-
accident
972
-
1 865
-
other
393
-
754
-
unemployment
2 699
-
5 179
-
pensions
11 581
-
22 226
-
total
15 645
-
30 024
-
Corporate
104 784
169 500
-
-
income

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

15 718
25 425
-
-
total
15 718
25 425
-
-
Dividends
89 065
144 075
-
-
withholding
18 472
30 978
-
-
total
18 472
30 978
-
-
Income
169 500
169 500
169 500
169 500
Total tax
63 198
56 403
78 534
74 269
After tax
106 302
113 097
90 966
95 231
Living cost
35 709
35 709
35 709
35 709
Free-cash
70 593
77 388
55 257
59 522

Estimated living cost  is ₽35709 per week

₽25645
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2777
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽503
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6785
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽127443
₽121251
₽117119
₽123666
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
pensions

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

-
-
-
5 253
unemployment
-
-
-
142
health
-
-
-
4 082
total
-
-
-
34 902
Employee
23 145
-
162 537
-
health
1 065
-
1 633
-
accident

We are using the highest rate at 1.1%.

254
-
390
-
income
2 315
-
16 253
-
pensions

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

2 032
-
3 116
-
total
5 666
-
21 392
-
Employer
23 145
-
162 537
-
accident

We are using the highest rate at 1.1%.

254
-
390
-
unemployment
139
-
213
-
pensions

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

2 551
-
3 911
-
health
1 597
-
2 449
-
total
4 541
-
6 963
-
Corporate
141 814
169 500
-
-
income
14 181
16 950
-
-
total
14 181
16 950
-
-
Dividends
127 633
152 550
-
-
withholding
6 382
7 628
-
-
total
6 382
7 628
-
-
Income
169 500
169 500
169 500
169 500
Total tax
30 770
24 578
28 355
34 902
After tax
138 730
144 922
141 145
134 598
Living cost
17 479
17 479
17 479
17 479
Free-cash
121 251
127 443
123 666
117 119

Estimated living cost  is ₽17479 per week

₽11561
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1001
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽417
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4502
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽48021
₽61316
₽51620
₽69164
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
trade
-
-
-
17 544
income

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

-
-
-
51 343
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.

-
-
-
6 941
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.

-
-
-
2 825
total
-
-
-
78 653
Employee

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

50 555
-
169 500
-
health

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

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

6 941
-
6 941
-
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.

229
-
2 825
-
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.

4 157
-
51 343
-
total
11 327
-
61 109
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
118 945
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.

981
1 398
-
-
income
17 841
25 425
-
-
trade
17 068
24 324
-
-
chamber of commerce
328
403
-
-
total
36 218
51 550
-
-
Dividends
82 726
117 950
-
-
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.

1 116
1 600
-
-
withholding
20 296
29 102
-
-
total
21 412
30 702
-
-
Income
169 500
169 500
169 500
169 500
Total tax
68 957
82 252
61 109
78 653
After tax
100 543
87 248
108 391
90 847
Living cost
39 227
39 227
39 227
39 227
Free-cash
61 316
48 021
69 164
51 620

Estimated living cost  is ₽39227 per week

₽27060
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4221
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽569
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7377
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽60771
₽63015
₽32555
₽32555
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
169 500
income
-
-
-
51 006
social contributions
-
-
-
28 060
total
-
-
-
79 066
Employee
79 479
-
169 500
-
income
14 997
-
51 006
-
social contributions
6 603
-
28 060
-
total
21 600
-
79 066
-
Employer
79 479
-
169 500
-
total
-
-
-
-
Corporate
90 021
169 500
-
-
income
11 253
21 187
-
-
total
11 253
21 187
-
-
Dividends
78 768
148 313
-
-
withholding
15 753
29 663
-
-
total
15 753
29 663
-
-
Income
169 500
169 500
169 500
169 500
Total tax
48 606
50 850
79 066
79 066
After tax
120 894
118 650
90 434
90 434
Living cost
57 879
57 879
57 879
57 879
Free-cash
63 015
60 771
32 555
32 555

Estimated living cost  is ₽57879 per week

₽44034
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4716
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.
₽8577
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽67925
₽71474
₽96882
₽84212
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

We use The Residence Programme or The Global Residence Programme.

-
-
-
169 500
income
-
-
-
28 923
health

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

-
-
-
6 812
total
-
-
-
35 735
Employee
46 611
-
164 826
-
income
5 058
-
39 057
-
social contributions
4 670
-
4 674
-
total
9 728
-
43 731
-
Employer
46 611
-
164 826
-
social contributions
4 670
-
4 674
-
total
4 670
-
4 674
-
Corporate
118 219
169 500
-
-
income
41 377
59 324
-
-
total
41 377
59 324
-
-
Dividends
76 842
110 176
-
-
social contributions
5 368
5 368
-
-
total
5 368
5 368
-
-
Income
169 500
169 500
169 500
169 500
Total tax
61 143
64 692
48 405
35 735
After tax
108 357
104 808
121 095
133 765
Living cost
36 883
36 883
36 883
36 883
Free-cash
71 474
67 925
84 212
96 882

Estimated living cost  is ₽36883 per week

₽24295
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2908
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽565
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9114
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽74112
₽80169
₽75212
₽59810
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
47 314
pensions
-
-
-
8 987
total
-
-
-
56 301
Employee
52 143
-
148 166
-
health
680
-
2 190
-
income
9 496
-
37 046
-
pensions
3 980
-
11 134
-
total
14 156
-
50 370
-
Employer
52 143
-
148 166
-
pensions
5 268
-
18 518
-
health
991
-
2 815
-
total
6 259
-
21 333
-
Corporate
111 098
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.

21 108
32 206
-
-
total
21 108
32 206
-
-
Dividends
89 989
137 294
-
-
withholding
9 821
25 195
-
-
total
9 821
25 195
-
-
Income
169 500
169 500
169 500
169 500
Total tax
51 344
57 401
71 703
56 301
After tax
118 156
112 099
97 797
113 199
Living cost
37 987
37 987
37 987
37 987
Free-cash
80 169
74 112
59 810
75 212

Estimated living cost  is ₽37987 per week

₽26059
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3493
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽475
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7957
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽10298
₽10045
₽91872
₽67754
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
255
income
-
-
-
46 575
pensions
-
-
-
4 197
other
-
-
-
374
health
-
-
-
2 200
total
-
-
-
53 601
Employee
37 795
-
152 120
-
health
4 327
-
17 418
-
income
5 185
-
35 226
-
pensions
4 256
-
7 695
-
total
13 768
-
60 339
-
Employer
37 795
-
152 120
-
accident
631
-
2 541
-
unemployment
926
-
3 727
-
pensions
6 145
-
11 112
-
total
7 702
-
17 380
-
Corporate
124 003
169 500
-
-
income

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

111 602
152 550
-
-
total
111 602
152 550
-
-
Dividends
12 400
16 950
-
-
withholding
2 356
3 221
-
-
total
2 356
3 221
-
-
Income
169 500
169 500
169 500
169 500
Total tax
135 428
155 771
77 719
53 601
After tax
34 072
13 729
91 781
115 899
Living cost
24 027
24 027
24 027
24 027
Free-cash
10 045
-10 298
67 754
91 872

Estimated living cost  is ₽24027 per week

₽17633
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1400
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.
₽4510
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽128939
₽124195
₽83408
₽105702
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
work injury
-
-
-
811
health insurance
-
-
-
11 998
income
-
-
-
27 809
pensions
-
-
-
29 833
unemployment
-
-
-
1 946
total
-
-
-
72 397
Employee

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

21 911
-
169 500
-
work injury
110
-
405
-
income
2 191
-
27 809
-
pensions
4 032
-
14 917
-
health insurance
1 621
-
5 999
-
unemployment
263
-
973
-
total
8 217
-
50 103
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
147 589
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%.

1 476
1 695
-
-
total
1 476
1 695
-
-
Dividends
146 113
167 805
-
-
withholding
21 917
25 171
-
-
total
21 917
25 171
-
-
Income
169 500
169 500
169 500
169 500
Total tax
31 610
26 866
50 103
72 397
After tax
137 890
142 634
119 397
97 103
Living cost
13 695
13 695
13 695
13 695
Free-cash
124 195
128 939
105 702
83 408

Estimated living cost  is ₽13695 per week

₽8484
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽995
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽427
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3788
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽48802
₽44179
₽39075
₽31639
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
169 500
municipal
-
-
-
1 134
regional
-
-
-
3 873
national
-
-
-
41 344
social contributions
-
-
-
43 596
total
-
-
-
89 947
Employee
85 620
-
169 500
-
social contributions
28 871
-
57 155
-
regional
1 293
-
3 433
-
municipal
511
-
1 010
-
national
14 469
-
35 785
-
total
45 144
-
97 383
-
Employer
85 620
-
169 500
-
total
-
-
-
-
Corporate
83 880
169 500
-
-
nationa
20 132
40 681
-
-
municipal
4 043
8 170
-
-
total
24 175
48 851
-
-
Dividends
59 705
120 650
-
-
withholding
15 524
31 369
-
-
total
15 524
31 369
-
-
Income
169 500
169 500
169 500
169 500
Total tax
84 843
80 220
97 383
89 947
After tax
84 657
89 280
72 117
79 553
Living cost
40 478
40 478
40 478
40 478
Free-cash
44 179
48 802
31 639
39 075

Estimated living cost  is ₽40478 per week

₽28433
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2784
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.
₽8648
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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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