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
₽ 170000
per

Your estimated
City
free-cash

Dresden , Germany
₽79188
₽57331
₽59280
₽67701
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
170 000
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.

-
-
-
6 406
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.

-
-
-
53 082
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.

-
-
-
2 920
trade
-
-
-
19 908
total
-
-
-
82 316
Employee

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

35 867
-
170 000
-
surtax

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

55
-
2 920
-
income

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

1 002
-
53 082
-
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.

6 406
-
6 406
-
total
7 463
-
62 408
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
134 133
170 000
-
-
chamber of commerce
335
386
-
-
surtax

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

1 107
1 402
-
-
trade
21 125
26 775
-
-
income
20 120
25 499
-
-
total
42 687
54 062
-
-
Dividends
91 447
115 937
-
-
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.

1 239
1 575
-
-
withholding
22 506
28 628
-
-
total
23 745
30 203
-
-
Income
170 000
170 000
170 000
170 000
Total tax
73 895
84 265
62 408
82 316
After tax
96 105
85 735
107 592
87 684
Living cost
28 404
28 404
28 404
28 404
Free-cash
67 701
57 331
79 188
59 280

Estimated living cost  is ₽28404 per week

₽17867
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3312
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽530
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6695
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽52032
₽56842
₽51072
₽56022
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
170 000
social contributions
-
-
-
1 827
pensions
-
-
-
20 400
national
-
-
-
28 847
municipal
-
-
-
18 616
total
-
-
-
69 690
Employee
76 327
-
146 963
-
municipal
9 428
-
19 274
-
national
14 609
-
30 240
-
pensions
3 053
-
5 879
-
total
27 090
-
55 393
-
Employer
76 327
-
146 963
-
pensions
6 106
-
11 757
-
social contributions
821
-
1 580
-
total
6 927
-
13 337
-
Corporate
81 708
170 000
-
-
income

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

16 342
34 000
-
-
total
16 342
34 000
-
-
Dividends
65 367
136 000
-
-
withholding
14 381
29 920
-
-
total
14 381
29 920
-
-
Income
170 000
170 000
170 000
170 000
Total tax
64 740
63 920
68 730
69 690
After tax
105 260
106 080
101 270
100 310
Living cost
49 238
49 238
49 238
49 238
Free-cash
56 022
56 842
52 032
51 072

Estimated living cost  is ₽49238 per week

₽33466
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4577
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽737
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10457
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽52248
₽116491
₽39570
₽108797
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
170 000
social contributions

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

-
-
-
35 929
income
-
-
-
31 642
surtax
-
-
-
43 350
microenterprise
-
-
-
-
total
-
-
-
110 921
Employee
27 401
-
128 898
-
surtax
-
-
18 691
-
social contributions

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

3 015
-
12 293
-
income
4 878
-
26 157
-
total
7 893
-
57 141
-
Employer
27 401
-
128 898
-
surtax
-
-
14 179
-
social contributions

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

6 600
-
26 923
-
total
6 600
-
41 102
-
Corporate
135 998
170 000
-
-
income

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

27 201
34 000
-
-
total
27 201
34 000
-
-
Dividends

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

108 798
136 000
-
-
total
-
-
-
-
Income
170 000
170 000
170 000
170 000
Total tax
41 694
34 000
98 243
110 921
After tax
128 306
136 000
71 757
59 079
Living cost
19 509
19 509
19 509
19 509
Free-cash
108 797
116 491
52 248
39 570

Estimated living cost  is ₽19509 per week

₽12446
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1858
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽443
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4762
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽67449
₽44953
₽54234
₽39211
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
170 000
health
-
-
-
11 564
income
-
-
-
53 931
pensions
-
-
-
10 987
total
-
-
-
76 482
Employee
80 080
80 080
152 573
-
income

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

13 108
13 108
23 289
-
pensions
14 414
10 987
10 987
-
health
12 291
10 455
11 564
-
total
39 813
34 550
45 840
-
Employer
80 080
80 080
152 573
-
unemployment
2 883
2 883
3 582
-
health
5 566
5 566
6 917
-
pensions
5 574
5 574
6 928
-
total
14 023
14 023
17 427
-
Corporate
76 879
75 897
-
-
income
15 375
15 180
-
-
total
15 375
15 180
-
-
Dividends
61 504
60 717
-
-
income
13 069
12 902
-
-
withholding
9 225
9 108
-
-
total
22 294
22 010
-
-
Income
170 000
170 000
170 000
170 000
Total tax
91 505
85 763
63 267
76 482
After tax
78 495
84 237
106 733
93 518
Living cost
39 284
39 284
39 284
39 284
Free-cash
39 211
44 953
67 449
54 234

Estimated living cost  is ₽39284 per week

₽27839
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3541
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽625
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7278
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽47763
₽54193
₽48700
₽53325
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
170 000
other
-
-
-
9 837
health
-
-
-
5 282
accident
-
-
-
169
pensions
-
-
-
9 151
national
-
-
-
14 768
unemployment
-
-
-
85
municipal
-
-
-
43 381
total
-
-
-
82 673
Employee
55 039
-
143 401
-
municipal
16 413
-
42 762
-
national
-
-
14 250
-
total
16 413
-
57 012
-
Employer
55 039
-
143 401
-
other
6 396
-
9 837
-
unemployment
1 453
-
2 235
-
health
3 385
-
5 206
-
accident
110
-
169
-
pensions
5 950
-
9 151
-
total
17 294
-
26 598
-
Corporate
97 667
170 000
-
-
income
21 487
37 400
-
-
total
21 487
37 400
-
-
Dividends
76 181
132 600
-
-
withholding
22 854
39 780
-
-
total
22 854
39 780
-
-
Income
170 000
170 000
170 000
170 000
Total tax
78 048
77 180
83 610
82 673
After tax
91 952
92 820
86 390
87 327
Living cost
38 627
38 627
38 627
38 627
Free-cash
53 325
54 193
47 763
48 700

Estimated living cost  is ₽38627 per week

₽25600
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3790
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽587
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8650
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽70753
₽48020
₽49961
₽61195
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
170 000
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.

-
-
-
6 406
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.

-
-
-
53 082
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.

-
-
-
2 920
trade
-
-
-
20 792
total
-
-
-
83 200
Employee

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

47 555
-
170 000
-
surtax

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

224
-
2 920
-
income

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

4 086
-
53 082
-
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.

6 406
-
6 406
-
total
10 716
-
62 408
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
122 445
170 000
-
-
chamber of commerce
317
384
-
-
surtax

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

1 011
1 402
-
-
trade
20 143
27 966
-
-
income
18 367
25 499
-
-
total
39 838
55 251
-
-
Dividends
82 608
114 748
-
-
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
1 559
-
-
withholding
20 296
28 331
-
-
total
21 412
29 890
-
-
Income
170 000
170 000
170 000
170 000
Total tax
71 966
85 141
62 408
83 200
After tax
98 034
84 859
107 592
86 800
Living cost
36 839
36 839
36 839
36 839
Free-cash
61 195
48 020
70 753
49 961

Estimated living cost  is ₽36839 per week

₽24638
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3885
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽550
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7766
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽84055
₽93583
₽85538
₽89696
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
170 000
social contributions
-
-
-
15 172
health
-
-
-
4 335
income
-
-
-
34 539
total
-
-
-
54 046
Employee
72 108
72 108
158 986
-
social contributions
3 504
5 985
8 072
-
income
7 572
6 675
33 740
-
health
717
1 226
2 703
-
total
11 793
13 886
44 515
-
Employer
72 108
72 108
158 986
-
health
781
1 335
2 942
-
social contributions
3 504
5 985
8 072
-
total
4 285
7 320
11 014
-
Corporate
123 506
90 572
-
-
income
15 438
11 322
-
-
total
15 438
11 322
-
-
Dividends
108 068
79 251
-
-
withholding
18 372
13 473
-
-
total
18 372
13 473
-
-
Income
170 000
170 000
170 000
170 000
Total tax
49 888
46 001
55 529
54 046
After tax
120 112
123 999
114 471
115 954
Living cost
30 416
30 416
30 416
30 416
Free-cash
89 696
93 583
84 055
85 538

Estimated living cost  is ₽30416 per week

₽20792
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2376
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽511
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6737
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Limassol model

Close
Budapest , Hungary
₽81109
₽78055
₽100326
₽78418
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
170 000
health
-
-
-
11 900
income
-
-
-
20 783
pensions
-
-
-
17 000
unemployment
-
-
-
2 550
total
-
-
-
52 233
Employee

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

The minimum wage is 138,000 HUF per month.

25 176
10 020
142 259
-
income
3 078
1 225
17 391
-
pensions
2 518
1 002
14 226
-
health
1 762
701
9 958
-
unemployment
378
150
2 134
-
total
7 736
3 078
43 709
-
Employer

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

The minimum wage is 138,000 HUF per month.

25 176
10 020
142 259
-
pensions
4 909
1 954
27 741
-
total
4 909
1 954
27 741
-
Corporate
139 915
158 026
-
-
income
12 592
14 222
-
-
total
12 592
14 222
-
-
Dividends
127 322
143 804
-
-
social contributions
24 713
27 927
-
-
withholding
24 191
27 323
-
-
total
48 904
55 250
-
-
Income
170 000
170 000
170 000
170 000
Total tax
74 141
74 504
71 450
52 233
After tax
95 859
95 496
98 550
117 767
Living cost
17 441
17 441
17 441
17 441
Free-cash
78 418
78 055
81 109
100 326

Estimated living cost  is ₽17441 per week

₽11902
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1427
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽348
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3763
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽75337
₽113350
₽68470
₽107523
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
170 000
health
-
-
-
22 100
income
-
-
-
22 780
pensions
-
-
-
34 000
total
-
-
-
78 880
Employee
26 602
-
127 054
-
income
2 995
-
24 496
-
pensions
532
-
2 541
-
unemployment
425
-
2 032
-
total
3 952
-
29 069
-
Employer
26 602
-
127 054
-
unemployment
214
-
1 016
-
health
3 458
-
16 518
-
pensions
5 321
-
25 410
-
total
8 993
-
42 944
-
Corporate
134 405
170 000
-
-
income
26 882
34 000
-
-
total
26 882
34 000
-
-
Dividends
107 523
136 000
-
-
total
-
-
-
-
Income
170 000
170 000
170 000
170 000
Total tax
39 827
34 000
72 013
78 880
After tax
130 173
136 000
97 987
91 120
Living cost
22 650
22 650
22 650
22 650
Free-cash
107 523
113 350
75 337
68 470

Estimated living cost  is ₽22650 per week

₽15536
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1349
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽456
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5310
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Tallinn model

Close
Gdansk , Poland
₽71706
-₽6996
₽95433
₽10585
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
170 000
other
-
-
-
350
health
-
-
-
2 059
accident
-
-
-
238
income
-
-
-
47 227
pensions
-
-
-
3 927
total
-
-
-
53 801
Employee
32 666
-
153 286
-
income
4 481
-
36 061
-
pensions
3 678
-
7 201
-
health
3 740
-
17 551
-
total
11 899
-
60 813
-
Employer
32 666
-
153 286
-
unemployment
800
-
3 756
-
accident
545
-
2 560
-
pensions
5 312
-
10 399
-
total
6 657
-
16 715
-
Corporate
130 677
170 000
-
-
income

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

117 610
153 000
-
-
total
117 610
153 000
-
-
Dividends
13 068
17 000
-
-
withholding
2 483
3 230
-
-
total
2 483
3 230
-
-
Income
170 000
170 000
170 000
170 000
Total tax
138 649
156 230
77 528
53 801
After tax
31 351
13 770
92 472
116 199
Living cost
20 766
20 766
20 766
20 766
Free-cash
10 585
-6 996
71 706
95 433

Estimated living cost  is ₽20766 per week

₽15220
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1151
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽433
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3963
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽128172
₽153672
₽160472
₽152204
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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%.

-
-
-
170 000
microenterprise

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

-
-
-
1 700
total
-
-
-
1 700
Employee
9 784
-
170 000
-
income
1 957
-
34 000
-
total
1 957
-
34 000
-
Employer
-
-
-
-
total
-
-
-
-
Corporate

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

160 216
170 000
-
-
total
-
-
-
-
Dividends
160 216
170 000
-
-
withholding
8 011
8 500
-
-
total
8 011
8 500
-
-
Income
170 000
170 000
170 000
170 000
Total tax
9 968
8 500
34 000
1 700
After tax
160 032
161 500
136 000
168 300
Living cost
7 828
7 828
7 828
7 828
Free-cash
152 204
153 672
128 172
160 472

Estimated living cost  is ₽7828 per week

₽4851
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽651
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽215
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2111
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

Social security system in Georgia is financed from the government taxes which are part of our internal model. Separate pension and medical insurance contributions are not compulsory. It is advisable to purchase health insurance privately as in an event of medical emergency the treatment is likely to get costly.

Source of data for Batumi model

Close
Bratislava , Slovakia
₽71244
₽99912
₽71026
₽93579
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
170 000
other
-
-
-
6 773
health
-
-
-
6 275
income
-
-
-
26 715
pensions

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

-
-
-
34 224
total
-
-
-
73 987
Employee
34 049
-
135 784
-
income
5 862
-
26 788
-
pensions

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

2 383
-
9 505
-
health
477
-
1 901
-
unemployment
340
-
1 358
-
total
9 062
-
39 552
-
Employer
34 049
-
135 784
-
other
1 703
-
6 789
-
unemployment
340
-
1 358
-
health
477
-
1 901
-
accident
272
-
1 086
-
pensions

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

5 789
-
23 083
-
total
8 581
-
34 217
-
Corporate
127 370
170 000
-
-
income
26 748
35 700
-
-
total
26 748
35 700
-
-
Dividends
100 622
134 300
-
-
withholding
7 043
9 401
-
-
total
7 043
9 401
-
-
Income
170 000
170 000
170 000
170 000
Total tax
51 434
45 101
73 769
73 987
After tax
118 566
124 899
96 231
96 013
Living cost
24 987
24 987
24 987
24 987
Free-cash
93 579
99 912
71 244
71 026

Estimated living cost  is ₽24987 per week

₽17655
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1687
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽402
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5243
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Bratislava model

Close
London , United Kingdom
₽34864
₽48545
₽50214
₽52619
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
170 000
income
-
-
-
49 293
pensions
-
-
-
8 476
total
-
-
-
57 769
Employee
87 744
-
148 442
-
income
15 817
-
39 059
-
health
1 446
-
2 126
-
pensions
8 465
-
10 377
-
total
25 728
-
51 562
-
Employer
87 744
-
148 442
-
health
1 666
-
2 820
-
pensions
10 360
-
18 737
-
total
12 026
-
21 557
-
Corporate
70 229
170 000
-
-
income

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

13 344
32 300
-
-
total
13 344
32 300
-
-
Dividends
56 885
137 700
-
-
withholding
4 266
27 138
-
-
total
4 266
27 138
-
-
Income
170 000
170 000
170 000
170 000
Total tax
55 364
59 438
73 119
57 769
After tax
114 636
110 562
96 881
112 231
Living cost
62 017
62 017
62 017
62 017
Free-cash
52 619
48 545
34 864
50 214

Estimated living cost  is ₽62017 per week

₽46470
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽7287
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽504
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7756
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽130331
₽133138
₽123602
₽128810
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
170 000
health
-
-
-
3 741
income
-
-
-
25 500
pensions

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

-
-
-
4 815
unemployment
-
-
-
130
total
-
-
-
34 186
Employee
16 170
-
163 617
-
income
1 617
-
16 362
-
accident

We are using the highest rate at 1.1%.

178
-
358
-
pensions

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

1 420
-
2 857
-
health
744
-
1 497
-
total
3 959
-
21 074
-
Employer
16 170
-
163 617
-
unemployment
97
-
195
-
health
1 116
-
2 245
-
accident

We are using the highest rate at 1.1%.

178
-
358
-
pensions

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

1 782
-
3 585
-
total
3 173
-
6 383
-
Corporate
150 657
170 000
-
-
income
15 066
17 000
-
-
total
15 066
17 000
-
-
Dividends
135 591
153 000
-
-
withholding
6 780
7 650
-
-
total
6 780
7 650
-
-
Income
170 000
170 000
170 000
170 000
Total tax
28 978
24 650
27 457
34 186
After tax
141 022
145 350
142 543
135 814
Living cost
12 212
12 212
12 212
12 212
Free-cash
128 810
133 138
130 331
123 602

Estimated living cost  is ₽12212 per week

₽7129
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽872
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽324
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3887
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽54733
₽32237
₽41518
₽34598
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
170 000
health
-
-
-
11 564
income
-
-
-
53 931
pensions
-
-
-
10 987
total
-
-
-
76 482
Employee
86 941
80 080
152 573
-
income

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

13 108
13 108
23 289
-
pensions
10 987
10 987
10 987
-
health
10 846
10 455
11 564
-
total
34 941
34 550
45 840
-
Employer
86 941
80 080
152 573
-
unemployment
3 130
2 883
3 582
-
health
6 042
5 566
6 917
-
pensions
6 050
5 574
6 928
-
total
15 222
14 023
17 427
-
Corporate
67 837
75 897
-
-
income
13 567
15 180
-
-
total
13 567
15 180
-
-
Dividends
54 269
60 717
-
-
income
11 532
12 902
-
-
withholding
8 140
9 108
-
-
total
19 672
22 010
-
-
Income
170 000
170 000
170 000
170 000
Total tax
83 402
85 763
63 267
76 482
After tax
86 598
84 237
106 733
93 518
Living cost
52 000
52 000
52 000
52 000
Free-cash
34 598
32 237
54 733
41 518

Estimated living cost  is ₽52000 per week

₽38358
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4645
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽596
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8401
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽66062
₽93934
₽73614
₽85689
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
170 000
social contributions
-
-
-
33 256
health
-
-
-
22 950
income
-
-
-
17 069
solidarity contribution
-
-
-
-
total
-
-
-
73 275
Employee
33 987
-
129 842
-
social contributions
2 209
-
7 403
-
solidarity contribution
-
-
-
-
income
4 078
-
15 736
-
health
4 588
-
17 529
-
total
10 875
-
40 668
-
Employer
33 987
-
129 842
-
health
3 059
-
11 686
-
social contributions
8 497
-
28 473
-
total
11 556
-
40 159
-
Corporate
124 458
170 000
-
-
income
23 647
32 300
-
-
total
23 647
32 300
-
-
Dividends
100 811
137 700
-
-
withholding
15 122
20 655
-
-
total
15 122
20 655
-
-
Income
170 000
170 000
170 000
170 000
Total tax
61 200
52 955
80 827
73 275
After tax
108 800
117 045
89 173
96 725
Living cost
23 111
23 111
23 111
23 111
Free-cash
85 689
93 934
66 062
73 614

Estimated living cost  is ₽23111 per week

₽16053
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1644
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽455
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4959
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽33714
₽51131
₽41396
₽46236
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
170 000
social contributions
-
-
-
43 724
national
-
-
-
42 288
regional
-
-
-
2 011
municipal
-
-
-
1 011
total
-
-
-
89 034
Employee
83 341
-
170 000
-
social contributions
28 103
-
57 325
-
municipal
441
-
902
-
national
14 441
-
36 712
-
regional
786
-
1 777
-
total
43 771
-
96 716
-
Employer
83 341
-
170 000
-
total
-
-
-
-
Corporate
86 659
170 000
-
-
nationa
20 798
40 800
-
-
municipal
3 379
6 631
-
-
total
24 177
47 431
-
-
Dividends
62 482
122 570
-
-
withholding
16 246
31 868
-
-
total
16 246
31 868
-
-
Income
170 000
170 000
170 000
170 000
Total tax
84 194
79 299
96 716
89 034
After tax
85 806
90 701
73 284
80 966
Living cost
39 570
39 570
39 570
39 570
Free-cash
46 236
51 131
33 714
41 396

Estimated living cost  is ₽39570 per week

₽27583
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2595
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽607
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8784
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽53956
₽86236
₽59689
₽83319
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
170 000
other
-
-
-
-
health
-
-
-
8 885
income
-
-
-
47 973
pensions
-
-
-
25 031
surtax
-
-
-
7 515
unemployment
-
-
-
214
total
-
-
-
89 618
Employee
31 011
-
143 655
-
surtax
101
-
6 392
-
income
5 198
-
42 364
-
other
-
-
-
-
pensions
2 068
-
8 348
-
health
792
-
3 191
-
unemployment
2 159
-
8 711
-
total
10 318
-
69 006
-
Employer
31 011
-
143 655
-
other
-
-
-
-
unemployment
982
-
3 967
-
health
1 411
-
5 695
-
pensions
4 134
-
16 683
-
total
6 527
-
26 345
-
Corporate
132 462
170 000
-
-
income
34 440
44 201
-
-
total
34 440
44 201
-
-
Dividends
98 022
125 799
-
-
withholding
14 703
18 870
-
-
total
14 703
18 870
-
-
Income
170 000
170 000
170 000
170 000
Total tax
65 988
63 071
95 351
89 618
After tax
104 012
106 929
74 649
80 382
Living cost
20 693
20 693
20 693
20 693
Free-cash
83 319
86 236
53 956
59 689

Estimated living cost  is ₽20693 per week

₽12653
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1909
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽477
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5654
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details

Source of data for Thessaloniki model

Close
Cambridge , United Kingdom
₽54513
₽68194
₽69863
₽74319
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
170 000
income
-
-
-
49 293
pensions
-
-
-
8 476
total
-
-
-
57 769
Employee
58 804
-
148 442
-
income
10 591
-
39 059
-
health
854
-
2 126
-
pensions
4 991
-
10 377
-
total
16 436
-
51 562
-
Employer
58 804
-
148 442
-
health
1 117
-
2 820
-
pensions
6 366
-
18 737
-
total
7 483
-
21 557
-
Corporate
103 713
170 000
-
-
income

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

19 705
32 300
-
-
total
19 705
32 300
-
-
Dividends
84 008
137 700
-
-
withholding
9 689
27 138
-
-
total
9 689
27 138
-
-
Income
170 000
170 000
170 000
170 000
Total tax
53 313
59 438
73 119
57 769
After tax
116 687
110 562
96 881
112 231
Living cost
42 368
42 368
42 368
42 368
Free-cash
74 319
68 194
54 513
69 863

Estimated living cost  is ₽42368 per week

₽31742
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3176
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽443
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7007
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽54569
₽2441
₽62429
₽34656
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
170 000
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.

-
-
-
3 400
health
-
-
-
383
pensions
-
-
-
15 641
city
-
-
-
1 793
national
-
-
-
2 735
regional
-
-
-
8 322
total
-
-
-
32 274
Employee
88 117
-
152 158
-
national
417
-
2 035
-
city
946
-
1 634
-
pensions
7 403
-
12 783
-
health
199
-
342
-
regional
2 885
-
7 171
-
unemployment
-
-
-
-
total
11 850
-
23 965
-
Employer
88 117
-
152 158
-
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.

1 762
-
3 044
-
unemployment
-
-
-
-
health
199
-
342
-
pensions
7 403
-
12 783
-
total
9 364
-
16 169
-
Corporate
71 550
170 000
-
-
regional
15 133
35 955
-
-
national
6 082
14 450
-
-
total
21 215
50 405
-
-
Dividends
50 335
119 595
-
-
withholding
17 618
41 857
-
-
total
17 618
41 857
-
-
Income
170 000
170 000
170 000
170 000
Total tax
60 047
92 262
40 134
32 274
After tax
109 953
77 738
129 866
137 726
Living cost
75 297
75 297
75 297
75 297
Free-cash
34 656
2 441
54 569
62 429

Estimated living cost  is ₽75297 per week

₽48965
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽6757
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽924
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽18651
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽64633
₽41029
₽42954
₽56232
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
170 000
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.

-
-
-
6 406
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.

-
-
-
53 082
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.

-
-
-
2 920
trade
-
-
-
21 679
total
-
-
-
84 087
Employee

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

56 357
-
170 000
-
surtax

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

365
-
2 920
-
income

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

6 627
-
53 082
-
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.

6 406
-
6 406
-
total
13 398
-
62 408
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
113 643
170 000
-
-
chamber of commerce
303
381
-
-
surtax

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

938
1 402
-
-
trade
19 490
29 154
-
-
income
17 046
25 499
-
-
total
37 777
56 436
-
-
Dividends
75 867
113 563
-
-
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.

1 023
1 541
-
-
withholding
18 611
28 035
-
-
total
19 634
29 576
-
-
Income
170 000
170 000
170 000
170 000
Total tax
70 809
86 012
62 408
84 087
After tax
99 191
83 988
107 592
85 913
Living cost
42 959
42 959
42 959
42 959
Free-cash
56 232
41 029
64 633
42 954

Estimated living cost  is ₽42959 per week

₽31375
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3436
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.
₽7590
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽60782
₽53595
₽63638
₽59139
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
170 000
other
-
-
-
5 269
social contributions
-
-
-
4 844
health
-
-
-
7 339
income
-
-
-
26 972
pensions
-
-
-
29 854
surtax
-
-
-
-
total
-
-
-
74 278
Employee
40 134
-
131 458
-
surtax
-
-
-
-
social contributions
1 144
-
3 746
-
income
2 369
-
25 666
-
pensions
4 538
-
9 184
-
total
8 051
-
38 596
-
Employer
40 134
-
131 458
-
other
1 384
-
5 147
-
unemployment
1 625
-
5 324
-
health
2 810
-
12 216
-
pensions
6 593
-
15 456
-
social contributions
121
-
395
-
total
12 533
-
38 538
-
Corporate
117 332
170 000
-
-
surtax
-
-
-
-
income
32 852
47 600
-
-
total
32 852
47 600
-
-
Dividends
84 480
122 400
-
-
social contributions
14 528
21 054
-
-
surtax
-
-
-
-
withholding
10 813
15 667
-
-
total
25 341
36 721
-
-
Income
170 000
170 000
170 000
170 000
Total tax
78 777
84 321
77 134
74 278
After tax
91 223
85 679
92 866
95 722
Living cost
32 084
32 084
32 084
32 084
Free-cash
59 139
53 595
60 782
63 638

Estimated living cost  is ₽32084 per week

₽20230
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2609
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽546
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8700
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽63961
₽56774
₽66817
₽61986
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
170 000
other
-
-
-
5 269
social contributions
-
-
-
4 844
health
-
-
-
7 339
income
-
-
-
26 972
pensions
-
-
-
29 854
surtax
-
-
-
-
total
-
-
-
74 278
Employee
35 825
-
131 458
-
surtax
-
-
-
-
social contributions
1 021
-
3 746
-
income
1 847
-
25 666
-
pensions
4 052
-
9 184
-
total
6 920
-
38 596
-
Employer
35 825
-
131 458
-
other
1 237
-
5 147
-
unemployment
1 450
-
5 324
-
health
2 507
-
12 216
-
pensions
5 887
-
15 456
-
social contributions
107
-
395
-
total
11 188
-
38 538
-
Corporate
122 986
170 000
-
-
surtax
-
-
-
-
income
34 436
47 600
-
-
total
34 436
47 600
-
-
Dividends
88 550
122 400
-
-
social contributions
15 231
21 054
-
-
surtax
-
-
-
-
withholding
11 334
15 667
-
-
total
26 565
36 721
-
-
Income
170 000
170 000
170 000
170 000
Total tax
79 109
84 321
77 134
74 278
After tax
90 891
85 679
92 866
95 722
Living cost
28 905
28 905
28 905
28 905
Free-cash
61 986
56 774
63 961
66 817

Estimated living cost  is ₽28905 per week

₽16763
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2936
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽548
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8658
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽85642
₽83831
₽89290
₽84317
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
170 000
social contributions
-
-
-
23 460
health
-
-
-
11 866
income
-
-
-
25 499
total
-
-
-
60 825
Employee
31 795
-
170 000
-
social contributions
4 388
-
23 460
-
income
5 303
-
29 147
-
health
2 219
-
11 866
-
total
11 910
-
64 473
-
Employer
31 795
-
170 000
-
total
-
-
-
-
Corporate
138 205
170 000
-
-
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%.

6 910
8 499
-
-
total
6 910
8 499
-
-
Dividends
131 295
161 501
-
-
social contributions
18 119
22 287
-
-
withholding
19 694
24 225
-
-
health
9 165
11 273
-
-
total
46 978
57 785
-
-
Income
170 000
170 000
170 000
170 000
Total tax
65 798
66 284
64 473
60 825
After tax
104 202
103 716
105 527
109 175
Living cost
19 885
19 885
19 885
19 885
Free-cash
84 317
83 831
85 642
89 290

Estimated living cost  is ₽19885 per week

₽13308
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1226
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽457
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4892
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽11955
₽60971
₽54222
₽59522
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
170 000
health
-
-
-
8 380
income
-
-
-
47 471
chamber of commerce
-
-
-
680
pensions
-
-
-
20 267
surtax
-
-
-
185
unemployment
-
-
-
5 752
total
-
-
-
82 735
Employee
46 864
37 371
136 333
-
income
5 335
2 757
38 300
-
other
468
374
1 096
-
pensions
4 799
3 826
11 218
-
health
1 813
1 447
4 239
-
unemployment
1 406
1 121
3 287
-
total
13 821
9 525
58 140
-
Employer
46 864
37 371
136 333
-
other
2 226
1 774
6 248
-
unemployment
1 406
1 121
3 287
-
health
1 771
1 413
4 141
-
surtax
185
185
185
-
accident
609
486
1 424
-
pensions
5 881
4 691
13 749
-
payroll
1 406
1 121
4 089
-
chamber of commerce
187
149
545
-
total
13 671
10 940
33 668
-
Corporate
109 465
121 689
132 773
-
income

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

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

27 366
30 422
33 194
-
total
27 366
30 422
33 194
-
Dividends
82 099
91 267
-
-
withholding
22 577
25 099
-
-
total
22 577
25 099
-
-
Income
170 000
170 000
170 000
170 000
Total tax
77 435
75 986
125 002
82 735
After tax
92 565
94 014
44 998
87 265
Living cost
33 043
33 043
33 043
33 043
Free-cash
59 522
60 971
11 955
54 222

Estimated living cost  is ₽33043 per week

₽22038
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2819
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽543
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7643
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽25390
₽60874
₽39541
₽46808
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
170 000
social contributions
-
-
-
23 380
communal

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

-
-
-
8 796
national
-
-
-
64 091
total
-
-
-
96 267
Employee

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

67 078
-
131 670
-
national
20 622
-
48 011
-
pensions

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

5 031
-
9 875
-
health

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

3 152
-
6 189
-
communal

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

3 499
-
6 867
-
unemployment

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

584
-
1 146
-
total
32 888
-
72 088
-
Employer

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

67 078
-
131 670
-
unemployment

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

979
-
1 922
-
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.

4 125
-
8 099
-
surtax
7 606
-
14 930
-
accident

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

872
-
1 712
-
pensions

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

5 944
-
11 667
-
total
19 526
-
38 330
-
Corporate
83 397
170 000
-
-
surtax
333
680
-
-
income
16 680
34 000
-
-
total
17 013
34 680
-
-
Dividends
66 384
135 320
-
-
withholding

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

19 573
40 254
-
-
total
19 573
40 254
-
-
Income
170 000
170 000
170 000
170 000
Total tax
89 000
74 934
110 418
96 267
After tax
81 000
95 066
59 582
73 733
Living cost
34 192
34 192
34 192
34 192
Free-cash
46 808
60 874
25 390
39 541

Estimated living cost  is ₽34192 per week

₽22024
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2990
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽536
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8643
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽57549
₽79393
₽61484
₽72968
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
170 000
other
-
-
-
87
accident
-
-
-
783
income
-
-
-
48 574
pensions
-
-
-
24 597
unemployment
-
-
-
609
total
-
-
-
74 650
Employee
46 679
-
142 291
-
income
9 849
-
45 355
-
other
46
-
87
-
pensions
2 194
-
4 086
-
unemployment
724
-
1 347
-
total
12 813
-
50 875
-
Employer
46 679
-
142 291
-
other
372
-
696
-
unemployment
2 568
-
4 780
-
accident
924
-
1 721
-
pensions
11 015
-
20 513
-
total
14 879
-
27 710
-
Corporate
108 442
170 000
-
-
income

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

16 267
25 499
-
-
total
16 267
25 499
-
-
Dividends
92 175
144 501
-
-
withholding
19 207
31 242
-
-
total
19 207
31 242
-
-
Income
170 000
170 000
170 000
170 000
Total tax
63 166
56 741
78 585
74 650
After tax
106 834
113 259
91 415
95 350
Living cost
33 866
33 866
33 866
33 866
Free-cash
72 968
79 393
57 549
61 484

Estimated living cost  is ₽33866 per week

₽24939
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2402
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽488
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6036
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽39326
₽48153
₽32550
₽36007
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
170 000
health
-
-
-
11 944
accident
-
-
-
1 433
income
-
-
-
28 460
pensions
-
-
-
25 481
communal
-
-
-
10 743
surtax
-
-
-
8 428
total
-
-
-
86 489
Employee
71 015
-
151 854
-
surtax
4 353
-
9 307
-
income
6 859
-
33 354
-
pensions
5 680
-
12 149
-
health
3 160
-
6 757
-
total
20 052
-
61 567
-
Employer
71 015
-
151 854
-
health
2 166
-
4 630
-
accident
639
-
1 367
-
pensions
5 680
-
12 149
-
total
8 485
-
18 146
-
Corporate
90 500
170 000
-
-
surtax
950
1 785
-
-
income
13 574
25 499
-
-
communal
6 109
11 475
-
-
total
20 633
38 759
-
-
Dividends
69 866
131 241
-
-
income
23 382
12 442
-
-
withholding
10 480
19 685
-
-
total
33 862
32 127
-
-
Income
170 000
170 000
170 000
170 000
Total tax
83 032
70 886
79 713
86 489
After tax
86 968
99 114
90 287
83 511
Living cost
50 961
50 961
50 961
50 961
Free-cash
36 007
48 153
39 326
32 550

Estimated living cost  is ₽50961 per week

₽38228
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3088
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽539
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9104
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽53586
₽85866
₽59319
₽82886
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
170 000
other
-
-
-
-
health
-
-
-
8 885
income
-
-
-
47 973
pensions
-
-
-
25 031
surtax
-
-
-
7 515
unemployment
-
-
-
214
total
-
-
-
89 618
Employee
31 580
-
143 655
-
surtax
112
-
6 392
-
income
5 294
-
42 364
-
other
-
-
-
-
pensions
2 107
-
8 348
-
health
806
-
3 191
-
unemployment
2 198
-
8 711
-
total
10 517
-
69 006
-
Employer
31 580
-
143 655
-
other
-
-
-
-
unemployment
1 002
-
3 967
-
health
1 436
-
5 695
-
pensions
4 210
-
16 683
-
total
6 648
-
26 345
-
Corporate
131 772
170 000
-
-
income
34 260
44 201
-
-
total
34 260
44 201
-
-
Dividends
97 512
125 799
-
-
withholding
14 626
18 870
-
-
total
14 626
18 870
-
-
Income
170 000
170 000
170 000
170 000
Total tax
66 051
63 071
95 351
89 618
After tax
103 949
106 929
74 649
80 382
Living cost
21 063
21 063
21 063
21 063
Free-cash
82 886
85 866
53 586
59 319

Estimated living cost  is ₽21063 per week

₽12717
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1831
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽489
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6027
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽47512
₽64095
₽55153
₽62012
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
170 000
social contributions
-
-
-
43 724
national
-
-
-
42 288
regional
-
-
-
2 563
municipal
-
-
-
1 011
total
-
-
-
89 586
Employee
52 018
-
170 000
-
social contributions
17 541
-
57 325
-
municipal
276
-
902
-
national
8 241
-
36 712
-
regional
700
-
2 288
-
total
26 758
-
97 227
-
Employer
52 018
-
170 000
-
total
-
-
-
-
Corporate
117 982
170 000
-
-
nationa
28 316
40 800
-
-
municipal
5 864
8 449
-
-
total
34 180
49 249
-
-
Dividends
83 802
120 751
-
-
withholding
21 789
31 395
-
-
total
21 789
31 395
-
-
Income
170 000
170 000
170 000
170 000
Total tax
82 727
80 644
97 227
89 586
After tax
87 273
89 356
72 773
80 414
Living cost
25 261
25 261
25 261
25 261
Free-cash
62 012
64 095
47 512
55 153

Estimated living cost  is ₽25261 per week

₽15710
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2559
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽432
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6559
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽60694
₽88566
₽68246
₽78407
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
170 000
social contributions
-
-
-
33 256
health
-
-
-
22 950
income
-
-
-
17 069
solidarity contribution
-
-
-
-
total
-
-
-
73 275
Employee
41 881
-
129 842
-
social contributions
2 722
-
7 403
-
solidarity contribution
-
-
-
-
income
5 026
-
15 736
-
health
5 654
-
17 529
-
total
13 402
-
40 668
-
Employer
41 881
-
129 842
-
health
3 769
-
11 686
-
social contributions
10 470
-
28 473
-
total
14 239
-
40 159
-
Corporate
113 880
170 000
-
-
income
21 637
32 300
-
-
total
21 637
32 300
-
-
Dividends
92 243
137 700
-
-
withholding
13 836
20 655
-
-
total
13 836
20 655
-
-
Income
170 000
170 000
170 000
170 000
Total tax
63 114
52 955
80 827
73 275
After tax
106 886
117 045
89 173
96 725
Living cost
28 479
28 479
28 479
28 479
Free-cash
78 407
88 566
60 694
68 246

Estimated living cost  is ₽28479 per week

₽21179
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1578
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽493
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5230
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽15127
₽64198
₽57532
₽63732
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
170 000
health
-
-
-
8 380
income
-
-
-
47 471
chamber of commerce
-
-
-
680
pensions
-
-
-
20 267
surtax
-
-
-
-
unemployment
-
-
-
5 752
total
-
-
-
82 550
Employee
40 992
37 371
136 503
-
income
3 652
2 757
38 381
-
other
409
374
1 096
-
pensions
4 198
3 826
11 218
-
health
1 586
1 447
4 239
-
unemployment
1 230
1 121
3 287
-
total
11 075
9 525
58 221
-
Employer
40 992
37 371
136 503
-
other
1 947
1 774
6 255
-
unemployment
1 230
1 121
3 287
-
health
1 550
1 413
4 141
-
surtax
-
-
-
-
accident
532
486
1 424
-
pensions
5 145
4 691
13 749
-
payroll
1 230
1 121
4 095
-
chamber of commerce
164
149
546
-
total
11 798
10 755
33 497
-
Corporate
117 212
121 874
132 944
-
income

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

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

29 302
30 468
33 237
-
total
29 302
30 468
33 237
-
Dividends
87 909
91 406
-
-
withholding
24 175
25 136
-
-
total
24 175
25 136
-
-
Income
170 000
170 000
170 000
170 000
Total tax
76 350
75 884
124 955
82 550
After tax
93 650
94 116
45 045
87 450
Living cost
29 918
29 918
29 918
29 918
Free-cash
63 732
64 198
15 127
57 532

Estimated living cost  is ₽29918 per week

₽17947
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3055
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽534
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8382
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽123802
₽149302
₽156102
₽147014
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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%.

-
-
-
170 000
microenterprise

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

-
-
-
1 700
total
-
-
-
1 700
Employee
15 248
-
170 000
-
income
3 050
-
34 000
-
total
3 050
-
34 000
-
Employer
-
-
-
-
total
-
-
-
-
Corporate

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

154 752
170 000
-
-
total
-
-
-
-
Dividends
154 752
170 000
-
-
withholding
7 738
8 500
-
-
total
7 738
8 500
-
-
Income
170 000
170 000
170 000
170 000
Total tax
10 788
8 500
34 000
1 700
After tax
159 212
161 500
136 000
168 300
Living cost
12 198
12 198
12 198
12 198
Free-cash
147 014
149 302
123 802
156 102

Estimated living cost  is ₽12198 per week

₽8255
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽512
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽409
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3022
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

Social security system in Georgia is financed from the government taxes which are part of our internal model. Separate pension and medical insurance contributions are not compulsory. It is advisable to purchase health insurance privately as in an event of medical emergency the treatment is likely to get costly.

Source of data for Tbilisi model

Close
Ljubljana , Slovenia
₽53128
₽91891
₽57632
₽84047
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
170 000
health
-
-
-
16 728
income
-
-
-
39 187
pensions
-
-
-
31 046
unemployment
-
-
-
254
total
-
-
-
87 215
Employee

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

41 468
-
147 097
-
income
7 151
-
36 308
-
pensions
6 428
-
22 800
-
health
2 678
-
9 503
-
unemployment
59
-
206
-
total
16 316
-
68 817
-
Employer

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

41 468
-
147 097
-
unemployment
25
-
89
-
health
2 762
-
9 796
-
pensions
3 669
-
13 017
-
total
6 456
-
22 902
-
Corporate
122 076
170 000
-
-
income
23 195
32 301
-
-
total
23 195
32 301
-
-
Dividends
98 882
137 699
-
-
withholding
14 833
20 655
-
-
total
14 833
20 655
-
-
Income
170 000
170 000
170 000
170 000
Total tax
60 800
52 956
91 719
87 215
After tax
109 200
117 044
78 281
82 785
Living cost
25 153
25 153
25 153
25 153
Free-cash
84 047
91 891
53 128
57 632

Estimated living cost  is ₽25153 per week

₽17262
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1612
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽488
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5792
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽114840
₽61156
₽75212
₽14557
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
170 000
social contributions
-
-
-
19 380
income
-
-
-
33 136
total
-
-
-
52 516
Employee
60 612
-
-
-
social contributions
4 970
-
708
-
income
13 370
-
-
-
total
18 340
-
708
-
Employer
60 612
-
-
-
social contributions
85 463
-
12 180
-
total
85 463
-
12 180
-
Corporate
23 925
170 000
-
-
income
5 263
37 400
-
-
total
5 263
37 400
-
-
Dividends
18 661
132 600
-
-
income
4 105
29 172
-
-
total
4 105
29 172
-
-
Income
170 000
170 000
170 000
170 000
Total tax
113 171
66 572
12 888
52 516
After tax
56 829
103 428
157 112
117 484
Living cost
42 272
42 272
42 272
42 272
Free-cash
14 557
61 156
114 840
75 212

Estimated living cost  is ₽42272 per week

₽27428
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3976
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽539
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10330
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽48431
₽67282
₽61320
₽66338
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
170 000
social contributions

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

-
-
-
59 074
income
-
-
-
20 192
surtax
-
-
-
-
total
-
-
-
79 266
Employee
43 129
-
137 374
-
surtax
-
-
-
-
social contributions
4 744
-
15 112
-
income
8 971
-
44 417
-
total
13 715
-
59 529
-
Employer
43 129
-
137 374
-
social contributions
10 243
-
32 626
-
total
10 243
-
32 626
-
Corporate
116 628
170 000
-
-
surtax
-
-
-
-
income
24 492
35 700
-
-
total
24 492
35 700
-
-
Dividends
92 136
134 300
-
-
withholding
25 798
37 604
-
-
total
25 798
37 604
-
-
Income
170 000
170 000
170 000
170 000
Total tax
74 248
73 304
92 155
79 266
After tax
95 752
96 696
77 845
90 734
Living cost
29 414
29 414
29 414
29 414
Free-cash
66 338
67 282
48 431
61 320

Estimated living cost  is ₽29414 per week

₽22008
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1735
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽491
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5180
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽47574
₽40387
₽50430
₽46833
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
170 000
other
-
-
-
5 269
social contributions
-
-
-
4 844
health
-
-
-
7 339
income
-
-
-
26 972
pensions
-
-
-
29 854
surtax
-
-
-
-
total
-
-
-
74 278
Employee
58 733
-
131 458
-
surtax
-
-
-
-
social contributions
1 673
-
3 746
-
income
5 125
-
25 666
-
pensions
6 643
-
9 184
-
total
13 441
-
38 596
-
Employer
58 733
-
131 458
-
other
2 027
-
5 147
-
unemployment
2 379
-
5 324
-
health
4 111
-
12 216
-
pensions
9 651
-
15 456
-
social contributions
176
-
395
-
total
18 344
-
38 538
-
Corporate
92 923
170 000
-
-
surtax
-
-
-
-
income
26 019
47 600
-
-
total
26 019
47 600
-
-
Dividends
66 904
122 400
-
-
social contributions
11 508
21 054
-
-
surtax
-
-
-
-
withholding
8 563
15 667
-
-
total
20 071
36 721
-
-
Income
170 000
170 000
170 000
170 000
Total tax
77 875
84 321
77 134
74 278
After tax
92 125
85 679
92 866
95 722
Living cost
45 292
45 292
45 292
45 292
Free-cash
46 833
40 387
47 574
50 430

Estimated living cost  is ₽45292 per week

₽30653
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3705
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.
₽10313
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽101364
₽124812
₽96846
₽121662
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
170 000
income
-
-
-
7 565
social contributions
-
-
-
37 401
total
-
-
-
44 966
Employee
30 148
-
147 186
-
income
-
-
8 067
-
social contributions
1 959
-
9 567
-
total
1 959
-
17 634
-
Employer
30 148
-
147 186
-
social contributions
4 673
-
22 814
-
total
4 673
-
22 814
-
Corporate
135 179
170 000
-
-
income
13 518
17 000
-
-
total
13 518
17 000
-
-
Dividends
121 662
153 000
-
-
total
-
-
-
-
Income
170 000
170 000
170 000
170 000
Total tax
20 150
17 000
40 448
44 966
After tax
149 850
153 000
129 552
125 034
Living cost
28 188
28 188
28 188
28 188
Free-cash
121 662
124 812
101 364
96 846

Estimated living cost  is ₽28188 per week

₽18226
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2125
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽530
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7307
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽33959
-₽33959
₽54883
-₽33959
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
170 000
labour market
-
-
-
13 535
pensions
-
-
-
811
national
-
-
-
20 123
municipal
-
-
-
35 564
total
-
-
-
70 033
Employee
190 287
190 287
190 287
-
labour market
15 201
15 201
15 201
-
municipal
40 521
40 521
40 521
-
national
23 247
23 247
23 247
-
pensions
270
270
270
-
total
79 239
79 239
79 239
-
Employer
190 287
190 287
190 287
-
national
23 287
23 287
23 287
-
labour market
15 223
15 223
15 223
-
pensions
541
541
541
-
municipal
40 585
40 585
40 585
-
total
79 636
79 636
79 636
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
170 000
170 000
170 000
170 000
Total tax
158 875
158 875
158 875
70 033
After tax
11 125
11 125
11 125
99 967
Living cost
45 084
45 084
45 084
45 084
Free-cash
-33 959
-33 959
-33 959
54 883

Estimated living cost  is ₽45084 per week

₽30856
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3988
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽693
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9546
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽72013
-₽6689
₽95740
₽10633
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
170 000
other
-
-
-
350
health
-
-
-
2 059
accident
-
-
-
238
income
-
-
-
47 227
pensions
-
-
-
3 927
total
-
-
-
53 801
Employee
32 184
-
153 286
-
income
4 415
-
36 061
-
pensions
3 624
-
7 201
-
health
3 685
-
17 551
-
total
11 724
-
60 813
-
Employer
32 184
-
153 286
-
unemployment
789
-
3 756
-
accident
537
-
2 560
-
pensions
5 233
-
10 399
-
total
6 559
-
16 715
-
Corporate
131 257
170 000
-
-
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.

118 131
153 000
-
-
total
118 131
153 000
-
-
Dividends
13 126
17 000
-
-
withholding
2 494
3 230
-
-
total
2 494
3 230
-
-
Income
170 000
170 000
170 000
170 000
Total tax
138 908
156 230
77 528
53 801
After tax
31 092
13 770
92 472
116 199
Living cost
20 459
20 459
20 459
20 459
Free-cash
10 633
-6 689
72 013
95 740

Estimated living cost  is ₽20459 per week

₽14892
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1166
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽384
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4017
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽52871
₽70223
₽72946
₽72697
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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

-
-
-
170 000
health
-
-
-
2 226
national
-
-
-
28 626
municipal
-
-
-
30 199
total
-
-
-
61 051
Employee
49 337
-
143 015
-
municipal
8 081
-
23 293
-
national
815
-
17 238
-
pensions
3 330
-
9 654
-
health
368
-
1 812
-
unemployment
740
-
2 144
-
total
13 334
-
54 141
-
Employer
49 337
-
143 015
-
unemployment
320
-
929
-
health
379
-
1 102
-
accident
50
-
142
-
pensions
8 560
-
24 812
-
total
9 309
-
26 985
-
Corporate
111 354
170 000
-
-
income
22 271
34 000
-
-
total
22 271
34 000
-
-
Dividends

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

66 812
102 000
-
-
national
4 360
11 414
-
-
municipal
12 026
18 360
-
-
total
16 386
29 774
-
-
Income
170 000
170 000
170 000
170 000
Total tax
61 300
63 774
81 126
61 051
After tax
108 700
106 226
88 874
108 949
Living cost
36 003
36 003
36 003
36 003
Free-cash
72 697
70 223
52 871
72 946

Estimated living cost  is ₽36003 per week

₽23517
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3463
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽573
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8451
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽92760
₽102288
₽94243
₽97186
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
170 000
social contributions
-
-
-
15 172
health
-
-
-
4 335
income
-
-
-
34 539
total
-
-
-
54 046
Employee
72 108
72 108
158 986
-
social contributions
2 726
5 985
8 072
-
income
7 851
6 675
33 740
-
health
559
1 226
2 703
-
total
11 136
13 886
44 515
-
Employer
72 108
72 108
158 986
-
health
607
1 335
2 942
-
social contributions
2 726
5 985
8 072
-
total
3 333
7 320
11 014
-
Corporate
133 819
90 572
-
-
income
16 728
11 322
-
-
total
16 728
11 322
-
-
Dividends
117 091
79 251
-
-
withholding
19 906
13 473
-
-
total
19 906
13 473
-
-
Income
170 000
170 000
170 000
170 000
Total tax
51 103
46 001
55 529
54 046
After tax
118 897
123 999
114 471
115 954
Living cost
21 711
21 711
21 711
21 711
Free-cash
97 186
102 288
92 760
94 243

Estimated living cost  is ₽21711 per week

₽13012
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2130
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽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.
₽6090
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Larnaca model

Close
Podgorica , Montenegro
₽109580
₽125887
₽128388
₽121119
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
170 000
health
-
-
-
3 394
income
-
-
-
17 337
pensions
-
-
-
5 965
unemployment
-
-
-
27
total
-
-
-
26 723
Employee

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

21 525
-
160 835
-
income
1 472
-
15 011
-
pensions
3 228
-
13 347
-
health
1 829
-
7 563
-
unemployment
107
-
445
-
total
6 636
-
36 366
-
Employer

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

21 525
-
160 835
-
unemployment
107
-
445
-
health
925
-
3 826
-
pensions
1 183
-
4 894
-
total
2 215
-
9 165
-
Corporate
146 260
170 000
-
-
income
13 163
15 301
-
-
total
13 163
15 301
-
-
Dividends
133 097
154 699
-
-
withholding
11 978
13 923
-
-
total
11 978
13 923
-
-
Income
170 000
170 000
170 000
170 000
Total tax
33 992
29 224
45 531
26 723
After tax
136 008
140 776
124 469
143 277
Living cost
14 889
14 889
14 889
14 889
Free-cash
121 119
125 887
109 580
128 388

Estimated living cost  is ₽14889 per week

₽9499
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1073
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽443
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3872
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽65628
₽87472
₽69563
₽83330
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
170 000
other
-
-
-
87
accident
-
-
-
783
income
-
-
-
48 574
pensions
-
-
-
24 597
unemployment
-
-
-
609
total
-
-
-
74 650
Employee
34 674
-
142 291
-
income
6 685
-
45 355
-
other
34
-
87
-
pensions
1 630
-
4 086
-
unemployment
537
-
1 347
-
total
8 886
-
50 875
-
Employer
34 674
-
142 291
-
other
278
-
696
-
unemployment
1 908
-
4 780
-
accident
687
-
1 721
-
pensions
8 182
-
20 513
-
total
11 055
-
27 710
-
Corporate
124 271
170 000
-
-
income

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

18 641
25 499
-
-
total
18 641
25 499
-
-
Dividends
105 630
144 501
-
-
withholding
22 301
31 242
-
-
total
22 301
31 242
-
-
Income
170 000
170 000
170 000
170 000
Total tax
60 883
56 741
78 585
74 650
After tax
109 117
113 259
91 415
95 350
Living cost
25 787
25 787
25 787
25 787
Free-cash
83 330
87 472
65 628
69 563

Estimated living cost  is ₽25787 per week

₽17406
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2479
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽452
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5451
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Valencia model

Close
Istanbul , Turkey
₽107619
₽104342
₽107741
₽104058
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
170 000
health
-
-
-
919
income
-
-
-
58 334
pensions
-
-
-
1 268
total
-
-
-
60 521
Employee
2 647
-
168 574
-
income
512
-
58 267
-
pensions
238
-
570
-
health
132
-
317
-
unemployment
26
-
63
-
total
908
-
59 217
-
Employer
2 647
-
168 574
-
unemployment
53
-
127
-
health
251
-
602
-
pensions
291
-
697
-
total
595
-
1 426
-
Corporate
166 758
170 000
-
-
income
36 687
37 400
-
-
total
36 687
37 400
-
-
Dividends
130 071
132 600
-
-
withholding
26 014
26 520
-
-
total
26 014
26 520
-
-
Income
170 000
170 000
170 000
170 000
Total tax
64 204
63 920
60 643
60 521
After tax
105 796
106 080
109 357
109 479
Living cost
1 738
1 738
1 738
1 738
Free-cash
104 058
104 342
107 619
107 741

Estimated living cost  is ₽1738 per week

₽1033
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽141
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽40
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽524
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽89072
₽106637
₽89073
₽102032
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
170 000
health
-
-
-
7 125
income
-
-
-
38 590
pensions
-
-
-
17 986
unemployment
-
-
-
1 038
total
-
-
-
64 739
Employee

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

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

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

24 410
-
157 618
-
income
3 365
-
38 590
-
pensions
3 417
-
9 685
-
health
1 257
-
3 563
-
unemployment
183
-
519
-
total
8 222
-
52 357
-
Employer

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

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

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

24 410
-
157 618
-
unemployment
183
-
519
-
health
1 257
-
3 563
-
pensions
2 929
-
8 301
-
total
4 369
-
12 383
-
Corporate
141 221
170 000
-
-
income
21 183
25 500
-
-
total
21 183
25 500
-
-
Dividends
120 038
144 500
-
-
withholding
18 006
21 675
-
-
total
18 006
21 675
-
-
Income
170 000
170 000
170 000
170 000
Total tax
51 780
47 175
64 740
64 739
After tax
118 220
122 825
105 260
105 261
Living cost
16 188
16 188
16 188
16 188
Free-cash
102 032
106 637
89 072
89 073

Estimated living cost  is ₽16188 per week

₽10899
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1252
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽468
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3568
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽52564
₽71415
₽65453
₽71077
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
170 000
social contributions

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

-
-
-
59 074
income
-
-
-
20 192
surtax
-
-
-
-
total
-
-
-
79 266
Employee
36 396
-
137 374
-
surtax
-
-
-
-
social contributions
4 004
-
15 112
-
income
7 112
-
44 417
-
total
11 116
-
59 529
-
Employer
36 396
-
137 374
-
social contributions
8 643
-
32 626
-
total
8 643
-
32 626
-
Corporate
124 961
170 000
-
-
surtax
-
-
-
-
income
26 241
35 700
-
-
total
26 241
35 700
-
-
Dividends
98 719
134 300
-
-
withholding
27 642
37 604
-
-
total
27 642
37 604
-
-
Income
170 000
170 000
170 000
170 000
Total tax
73 642
73 304
92 155
79 266
After tax
96 358
96 696
77 845
90 734
Living cost
25 281
25 281
25 281
25 281
Free-cash
71 077
71 415
52 564
65 453

Estimated living cost  is ₽25281 per week

₽17906
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1756
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽448
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5171
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽58458
₽80302
₽62393
₽74167
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
170 000
other
-
-
-
87
accident
-
-
-
783
income
-
-
-
48 574
pensions
-
-
-
24 597
unemployment
-
-
-
609
total
-
-
-
74 650
Employee
45 289
-
142 291
-
income
9 459
-
45 355
-
other
44
-
87
-
pensions
2 128
-
4 086
-
unemployment
701
-
1 347
-
total
12 332
-
50 875
-
Employer
45 289
-
142 291
-
other
363
-
696
-
unemployment
2 491
-
4 780
-
accident
897
-
1 721
-
pensions
10 688
-
20 513
-
total
14 439
-
27 710
-
Corporate
110 272
170 000
-
-
income

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

16 541
25 499
-
-
total
16 541
25 499
-
-
Dividends
93 731
144 501
-
-
withholding
19 564
31 242
-
-
total
19 564
31 242
-
-
Income
170 000
170 000
170 000
170 000
Total tax
62 876
56 741
78 585
74 650
After tax
107 124
113 259
91 415
95 350
Living cost
32 957
32 957
32 957
32 957
Free-cash
74 167
80 302
58 458
62 393

Estimated living cost  is ₽32957 per week

₽23668
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2563
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽464
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6262
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽126521
₽129328
₽119792
₽123652
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
170 000
health
-
-
-
3 741
income
-
-
-
25 500
pensions

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

-
-
-
4 815
unemployment
-
-
-
130
total
-
-
-
34 186
Employee
21 216
-
163 617
-
income
2 122
-
16 362
-
accident

We are using the highest rate at 1.1%.

233
-
358
-
pensions

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

1 863
-
2 857
-
health
976
-
1 497
-
total
5 194
-
21 074
-
Employer
21 216
-
163 617
-
unemployment
127
-
195
-
health
1 464
-
2 245
-
accident

We are using the highest rate at 1.1%.

233
-
358
-
pensions

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

2 338
-
3 585
-
total
4 162
-
6 383
-
Corporate
144 622
170 000
-
-
income
14 462
17 000
-
-
total
14 462
17 000
-
-
Dividends
130 160
153 000
-
-
withholding
6 508
7 650
-
-
total
6 508
7 650
-
-
Income
170 000
170 000
170 000
170 000
Total tax
30 326
24 650
27 457
34 186
After tax
139 674
145 350
142 543
135 814
Living cost
16 022
16 022
16 022
16 022
Free-cash
123 652
129 328
126 521
119 792

Estimated living cost  is ₽16022 per week

₽10597
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽917
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽382
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4126
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽71388
₽51280
₽53249
₽63545
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
170 000
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.

-
-
-
6 406
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.

-
-
-
53 082
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.

-
-
-
2 920
trade
-
-
-
18 139
total
-
-
-
80 547
Employee

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

46 659
-
170 000
-
surtax

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

212
-
2 920
-
income

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

3 837
-
53 082
-
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.

6 406
-
6 406
-
total
10 455
-
62 408
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
123 341
170 000
-
-
chamber of commerce
324
392
-
-
surtax

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

1 018
1 402
-
-
trade
17 699
24 394
-
-
income
18 502
25 499
-
-
total
37 543
51 687
-
-
Dividends
85 798
118 313
-
-
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.

1 160
1 607
-
-
withholding
21 093
29 222
-
-
total
22 253
30 829
-
-
Income
170 000
170 000
170 000
170 000
Total tax
70 251
82 516
62 408
80 547
After tax
99 749
87 484
107 592
89 453
Living cost
36 204
36 204
36 204
36 204
Free-cash
63 545
51 280
71 388
53 249

Estimated living cost  is ₽36204 per week

₽24974
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3895
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽525
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6809
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

Nationals of Europe, Australia, Canada, Israel, Japan, the Republic of Korea, New Zealand and the USA do not require an entry type D visa (not to confuse with a Schengen visa or a visa-free entry). For other nationals, waiting time is around 6-9 months which includes document preparation and processing.

Source of data for Berlin model

Close
Dublin , Ireland
₽35609
₽65581
₽35609
₽67653
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
170 000
income
-
-
-
52 500
social contributions
-
-
-
28 473
total
-
-
-
80 973
Employee
73 353
-
170 000
-
income
13 841
-
52 500
-
social contributions
6 094
-
28 473
-
total
19 935
-
80 973
-
Employer
73 353
-
170 000
-
total
-
-
-
-
Corporate
96 647
170 000
-
-
income
12 081
21 250
-
-
total
12 081
21 250
-
-
Dividends
84 566
148 750
-
-
withholding
16 913
29 751
-
-
total
16 913
29 751
-
-
Income
170 000
170 000
170 000
170 000
Total tax
48 929
51 001
80 973
80 973
After tax
121 071
118 999
89 027
89 027
Living cost
53 418
53 418
53 418
53 418
Free-cash
67 653
65 581
35 609
35 609

Estimated living cost  is ₽53418 per week

₽40640
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4353
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽511
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7915
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽86536
₽71506
₽103454
₽74782
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
170 000
income
-
-
-
26 693
health

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

-
-
-
5 812
total
-
-
-
32 505
Employee
43 018
-
165 686
-
income
4 668
-
40 795
-
social contributions
4 310
-
4 314
-
total
8 978
-
45 109
-
Employer
43 018
-
165 686
-
social contributions
4 310
-
4 314
-
total
4 310
-
4 314
-
Corporate
122 672
170 000
-
-
income
42 935
59 499
-
-
total
42 935
59 499
-
-
Dividends
79 736
110 501
-
-
social contributions
4 954
4 954
-
-
total
4 954
4 954
-
-
Income
170 000
170 000
170 000
170 000
Total tax
61 177
64 453
49 423
32 505
After tax
108 823
105 547
120 577
137 495
Living cost
34 041
34 041
34 041
34 041
Free-cash
74 782
71 506
86 536
103 454

Estimated living cost  is ₽34041 per week

₽22422
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2684
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽521
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8412
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽62437
₽76118
₽77787
₽81606
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
170 000
income
-
-
-
49 293
pensions
-
-
-
8 476
total
-
-
-
57 769
Employee
47 279
-
148 442
-
income
8 610
-
39 059
-
health
617
-
2 126
-
pensions
3 609
-
10 377
-
total
12 836
-
51 562
-
Employer
47 279
-
148 442
-
health
899
-
2 820
-
pensions
4 777
-
18 737
-
total
5 676
-
21 557
-
Corporate
117 045
170 000
-
-
income

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

22 240
32 300
-
-
total
22 240
32 300
-
-
Dividends
94 806
137 700
-
-
withholding
13 198
27 138
-
-
total
13 198
27 138
-
-
Income
170 000
170 000
170 000
170 000
Total tax
53 950
59 438
73 119
57 769
After tax
116 050
110 562
96 881
112 231
Living cost
34 444
34 444
34 444
34 444
Free-cash
81 606
76 118
62 437
77 787

Estimated living cost  is ₽34444 per week

₽23628
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3167
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽431
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7215
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽69987
-₽8715
₽93714
₽10321
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
170 000
other
-
-
-
350
health
-
-
-
2 059
accident
-
-
-
238
income
-
-
-
47 227
pensions
-
-
-
3 927
total
-
-
-
53 801
Employee
35 370
-
153 286
-
income
4 852
-
36 061
-
pensions
3 983
-
7 201
-
health
4 050
-
17 551
-
total
12 885
-
60 813
-
Employer
35 370
-
153 286
-
unemployment
866
-
3 756
-
accident
591
-
2 560
-
pensions
5 751
-
10 399
-
total
7 208
-
16 715
-
Corporate
127 422
170 000
-
-
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.

114 680
153 000
-
-
total
114 680
153 000
-
-
Dividends
12 742
17 000
-
-
withholding
2 421
3 230
-
-
total
2 421
3 230
-
-
Income
170 000
170 000
170 000
170 000
Total tax
137 194
156 230
77 528
53 801
After tax
32 806
13 770
92 472
116 199
Living cost
22 485
22 485
22 485
22 485
Free-cash
10 321
-8 715
69 987
93 714

Estimated living cost  is ₽22485 per week

₽16501
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1310
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽453
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4220
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

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

Source of data for Warsaw model

Close
Skopje , Macedonia
₽108654
₽130406
₽88062
₽126023
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
170 000
income
-
-
-
28 105
health insurance
-
-
-
11 082
work injury
-
-
-
749
pensions
-
-
-
27 556
unemployment
-
-
-
1 797
total
-
-
-
69 289
Employee

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

20 239
-
170 000
-
income
2 024
-
28 105
-
work injury
101
-
374
-
health insurance
1 498
-
5 541
-
pensions
3 724
-
13 778
-
unemployment
243
-
899
-
total
7 590
-
48 697
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
149 761
170 000
-
-
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%.

1 498
1 700
-
-
total
1 498
1 700
-
-
Dividends
148 263
168 300
-
-
withholding
22 240
25 245
-
-
total
22 240
25 245
-
-
Income
170 000
170 000
170 000
170 000
Total tax
31 328
26 945
48 697
69 289
After tax
138 672
143 055
121 303
100 711
Living cost
12 649
12 649
12 649
12 649
Free-cash
126 023
130 406
108 654
88 062

Estimated living cost  is ₽12649 per week

₽7836
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽919
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽395
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3499
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽34131
₽52186
₽41595
₽47920
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
170 000
social contributions
-
-
-
43 724
national
-
-
-
42 288
regional
-
-
-
3 898
municipal
-
-
-
1 137
total
-
-
-
91 047
Employee
79 021
-
170 000
-
social contributions
26 645
-
57 325
-
municipal
472
-
1 014
-
national
13 354
-
36 712
-
regional
1 193
-
3 460
-
total
41 664
-
98 511
-
Employer
79 021
-
170 000
-
total
-
-
-
-
Corporate
90 979
170 000
-
-
nationa
21 835
40 800
-
-
municipal
4 385
8 195
-
-
total
26 220
48 995
-
-
Dividends
64 759
121 005
-
-
withholding
16 838
31 461
-
-
total
16 838
31 461
-
-
Income
170 000
170 000
170 000
170 000
Total tax
84 722
80 456
98 511
91 047
After tax
85 278
89 544
71 489
78 953
Living cost
37 358
37 358
37 358
37 358
Free-cash
47 920
52 186
34 131
41 595

Estimated living cost  is ₽37358 per week

₽26241
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2570
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽564
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7981
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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

Close
[[ place.name ]], [[ place.country ]]

[[ row[2] ]] [[ row[0] ]]

Estimated living cost

Adjust living cost [[ detailsButtonText ]] Source

Additional information

Source

[[ $tc('message.data_source', {city: place.name}) ]] [[ place.name ]]

Close

[[ row[2] ]] [[ row[0] ]]

Estimated living cost

Adjust living cost [[ detailsButtonText ]] Source

Additional information

Source

[[ $tc('message.data_source', {city: place.name}) ]] [[ place.name ]]

Close