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
₽67604
₽79102
₽57172
₽59232
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
6 442
trade
-
-
-
19 870
income

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

-
-
-
52 981
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.

-
-
-
2 913
total
-
-
-
82 206
Employee

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

36 067
-
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.

6 442
-
6 442
-
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.

1 007
-
52 981
-
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
-
2 913
-
total
7 504
-
62 336
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
133 933
170 000
-
-
income
20 090
25 500
-
-
chamber of commerce
336
388
-
-
surtax

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

1 104
1 403
-
-
trade
21 094
26 776
-
-
total
42 624
54 067
-
-
Dividends
91 308
115 933
-
-
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.

1 237
1 575
-
-
withholding
22 469
28 624
-
-
total
23 706
30 199
-
-
Income
170 000
170 000
170 000
170 000
Total tax
73 834
84 266
62 336
82 206
After tax
96 166
85 734
107 664
87 794
Living cost
28 562
28 562
28 562
28 562
Free-cash
67 604
57 172
79 102
59 232

Estimated living cost  is ₽28562 per week

₽17966
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3330
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽533
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6732
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽56209
₽52156
₽57025
₽51244
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
municipal
-
-
-
18 620
pensions
-
-
-
20 400
national
-
-
-
28 854
total
-
-
-
69 701
Employee
76 044
-
146 963
-
pensions
3 042
-
5 879
-
municipal
9 393
-
19 278
-
national
14 555
-
30 295
-
total
26 990
-
55 452
-
Employer
76 044
-
146 963
-
pensions
6 084
-
11 757
-
social contributions
817
-
1 580
-
total
6 901
-
13 337
-
Corporate
82 036
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%.

16 407
34 000
-
-
total
16 407
34 000
-
-
Dividends
65 629
136 000
-
-
withholding
14 438
29 920
-
-
total
14 438
29 920
-
-
Income
170 000
170 000
170 000
170 000
Total tax
64 736
63 920
68 789
69 701
After tax
105 264
106 080
101 211
100 299
Living cost
49 055
49 055
49 055
49 055
Free-cash
56 209
57 025
52 156
51 244

Estimated living cost  is ₽49055 per week

₽33342
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4560
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽734
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10419
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽108647
₽52075
₽116382
₽39382
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
36 129
income
-
-
-
31 521
surtax
-
-
-
43 350
microenterprise
-
-
-
-
total
-
-
-
111 000
Employee
27 554
-
128 764
-
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.

3 031
-
12 362
-
income
4 905
-
26 037
-
surtax
-
-
18 671
-
total
7 936
-
57 070
-
Employer
27 554
-
128 764
-
surtax
-
-
14 164
-
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.

6 637
-
27 073
-
total
6 637
-
41 237
-
Corporate
135 809
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%.

27 162
34 000
-
-
total
27 162
34 000
-
-
Dividends

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

108 646
136 000
-
-
total
-
-
-
-
Income
170 000
170 000
170 000
170 000
Total tax
41 735
34 000
98 307
111 000
After tax
128 265
136 000
71 693
59 000
Living cost
19 618
19 618
19 618
19 618
Free-cash
108 647
116 382
52 075
39 382

Estimated living cost  is ₽19618 per week

₽12516
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1868
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽446
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4789
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽38945
₽67132
₽44723
₽54081
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
11 628
income
-
-
-
53 741
pensions
-
-
-
11 048
total
-
-
-
76 417
Employee
80 526
80 526
152 476
-
pensions
14 495
11 048
11 048
-
health
12 360
10 513
11 628
-
income

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

13 181
13 181
23 166
-
total
40 036
34 742
45 842
-
Employer
80 526
80 526
152 476
-
pensions
5 605
5 605
6 966
-
health
5 597
5 597
6 956
-
unemployment
2 899
2 899
3 602
-
total
14 101
14 101
17 524
-
Corporate
76 361
75 373
-
-
income
15 271
15 074
-
-
total
15 271
15 074
-
-
Dividends
61 090
60 299
-
-
income
12 981
12 814
-
-
withholding
9 164
9 044
-
-
total
22 145
21 858
-
-
Income
170 000
170 000
170 000
170 000
Total tax
91 553
85 775
63 366
76 417
After tax
78 447
84 225
106 634
93 583
Living cost
39 502
39 502
39 502
39 502
Free-cash
38 945
44 723
67 132
54 081

Estimated living cost  is ₽39502 per week

₽27994
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3561
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽628
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7319
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽53302
₽47745
₽54170
₽48683
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
accident
-
-
-
169
health
-
-
-
5 286
municipal
-
-
-
43 376
pensions
-
-
-
9 157
other
-
-
-
9 843
unemployment
-
-
-
85
national
-
-
-
14 751
total
-
-
-
82 667
Employee
55 073
-
143 385
-
municipal
16 423
-
42 757
-
national
-
-
14 233
-
total
16 423
-
56 990
-
Employer
55 073
-
143 385
-
pensions
5 953
-
9 157
-
other
6 400
-
9 843
-
health
3 387
-
5 210
-
unemployment
1 454
-
2 236
-
accident
110
-
169
-
total
17 304
-
26 615
-
Corporate
97 623
170 000
-
-
income
21 477
37 400
-
-
total
21 477
37 400
-
-
Dividends
76 146
132 600
-
-
withholding
22 844
39 780
-
-
total
22 844
39 780
-
-
Income
170 000
170 000
170 000
170 000
Total tax
78 048
77 180
83 605
82 667
After tax
91 952
92 820
86 395
87 333
Living cost
38 650
38 650
38 650
38 650
Free-cash
53 302
54 170
47 745
48 683

Estimated living cost  is ₽38650 per week

₽25616
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3793
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽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.
₽8655
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽61066
₽70620
₽47814
₽49868
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
6 442
trade
-
-
-
20 752
income

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

-
-
-
52 981
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.

-
-
-
2 913
total
-
-
-
83 088
Employee

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

47 820
-
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.

6 442
-
6 442
-
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.

4 109
-
52 981
-
surtax

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

225
-
2 913
-
total
10 776
-
62 336
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
122 180
170 000
-
-
income
18 328
25 500
-
-
chamber of commerce
317
385
-
-
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.

1 007
1 403
-
-
trade
20 099
27 966
-
-
total
39 751
55 254
-
-
Dividends
82 429
114 747
-
-
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.

1 113
1 559
-
-
withholding
20 250
28 329
-
-
total
21 363
29 888
-
-
Income
170 000
170 000
170 000
170 000
Total tax
71 890
85 142
62 336
83 088
After tax
98 110
84 858
107 664
86 912
Living cost
37 044
37 044
37 044
37 044
Free-cash
61 066
47 814
70 620
49 868

Estimated living cost  is ₽37044 per week

₽24775
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3906
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽553
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7809
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽89509
₽83931
₽93419
₽85414
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
15 257
health
-
-
-
4 336
income
-
-
-
34 408
total
-
-
-
54 001
Employee
72 510
72 510
158 943
-
health
721
1 233
2 702
-
social contributions
3 523
6 018
8 117
-
income
7 614
6 712
33 608
-
total
11 858
13 963
44 427
-
Employer
72 510
72 510
158 943
-
health
786
1 342
2 940
-
social contributions
3 523
6 018
8 117
-
total
4 309
7 360
11 057
-
Corporate
123 247
90 130
-
-
income
15 406
11 266
-
-
total
15 406
11 266
-
-
Dividends
107 841
78 863
-
-
withholding
18 333
13 407
-
-
total
18 333
13 407
-
-
Income
170 000
170 000
170 000
170 000
Total tax
49 906
45 996
55 484
54 001
After tax
120 094
124 004
114 516
115 999
Living cost
30 585
30 585
30 585
30 585
Free-cash
89 509
93 419
83 931
85 414

Estimated living cost  is ₽30585 per week

₽20908
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2389
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽514
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6775
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽78481
₽81176
₽78119
₽100393
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

25 080
9 981
142 259
-
unemployment
376
150
2 134
-
pensions
2 508
998
14 226
-
health
1 756
699
9 958
-
income
3 066
1 220
17 391
-
total
7 706
3 067
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.

25 080
9 981
142 259
-
pensions
4 891
1 946
27 741
-
total
4 891
1 946
27 741
-
Corporate
140 030
158 072
-
-
income
12 603
14 227
-
-
total
12 603
14 227
-
-
Dividends
127 427
143 846
-
-
social contributions
24 734
27 936
-
-
withholding
24 211
27 331
-
-
total
48 945
55 267
-
-
Income
170 000
170 000
170 000
170 000
Total tax
74 145
74 507
71 450
52 233
After tax
95 855
95 493
98 550
117 767
Living cost
17 374
17 374
17 374
17 374
Free-cash
78 481
78 119
81 176
100 393

Estimated living cost  is ₽17374 per week

₽11856
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1422
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽347
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3749
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽107364
₽75211
₽113224
₽68344
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
26 751
-
127 056
-
unemployment
428
-
2 033
-
pensions
535
-
2 541
-
income
3 012
-
24 496
-
total
3 975
-
29 070
-
Employer
26 751
-
127 056
-
pensions
5 351
-
25 410
-
health
3 477
-
16 517
-
unemployment
215
-
1 016
-
total
9 043
-
42 943
-
Corporate
134 207
170 000
-
-
income
26 842
34 000
-
-
total
26 842
34 000
-
-
Dividends
107 365
136 000
-
-
total
-
-
-
-
Income
170 000
170 000
170 000
170 000
Total tax
39 860
34 000
72 013
78 880
After tax
130 140
136 000
97 987
91 120
Living cost
22 776
22 776
22 776
22 776
Free-cash
107 364
113 224
75 211
68 344

Estimated living cost  is ₽22776 per week

₽15622
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1356
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽458
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5340
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽10551
₽71422
-₽7217
₽95218
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
accident
-
-
-
241
health
-
-
-
2 081
income
-
-
-
47 150
pensions
-
-
-
3 969
other
-
-
-
354
total
-
-
-
53 795
Employee
33 014
-
153 179
-
pensions
3 718
-
7 278
-
health
3 780
-
17 539
-
income
4 529
-
35 952
-
total
12 027
-
60 769
-
Employer
33 014
-
153 179
-
pensions
5 368
-
10 510
-
unemployment
809
-
3 753
-
accident
551
-
2 558
-
total
6 728
-
16 821
-
Corporate
130 257
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.

117 232
153 000
-
-
total
117 232
153 000
-
-
Dividends
13 026
17 000
-
-
withholding
2 475
3 230
-
-
total
2 475
3 230
-
-
Income
170 000
170 000
170 000
170 000
Total tax
138 462
156 230
77 590
53 795
After tax
31 538
13 770
92 410
116 205
Living cost
20 988
20 988
20 988
20 988
Free-cash
10 551
-7 217
71 422
95 218

Estimated living cost  is ₽20988 per week

₽15382
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1163
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽438
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4005
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽152252
₽128212
₽153712
₽160512
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
9 735
-
170 000
-
income
1 947
-
34 000
-
total
1 947
-
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%.

160 265
170 000
-
-
total
-
-
-
-
Dividends
160 265
170 000
-
-
withholding
8 013
8 500
-
-
total
8 013
8 500
-
-
Income
170 000
170 000
170 000
170 000
Total tax
9 960
8 500
34 000
1 700
After tax
160 040
161 500
136 000
168 300
Living cost
7 788
7 788
7 788
7 788
Free-cash
152 252
153 712
128 212
160 512

Estimated living cost  is ₽7788 per week

₽4826
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽647
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽214
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2100
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽93403
₽71132
₽99772
₽70712
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
6 310
income
-
-
-
26 626
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.

-
-
-
34 415
other
-
-
-
6 811
total
-
-
-
74 162
Employee
34 238
-
135 784
-
unemployment
342
-
1 358
-
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.

2 396
-
9 504
-
health
480
-
1 900
-
income
5 895
-
26 765
-
total
9 113
-
39 527
-
Employer
34 238
-
135 784
-
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.

5 821
-
23 082
-
other
1 713
-
6 789
-
health
480
-
1 900
-
unemployment
342
-
1 358
-
accident
274
-
1 086
-
total
8 630
-
34 215
-
Corporate
127 133
170 000
-
-
income
26 697
35 700
-
-
total
26 697
35 700
-
-
Dividends
100 436
134 300
-
-
withholding
7 031
9 402
-
-
total
7 031
9 402
-
-
Income
170 000
170 000
170 000
170 000
Total tax
51 471
45 102
73 742
74 162
After tax
118 529
124 898
96 258
95 838
Living cost
25 126
25 126
25 126
25 126
Free-cash
93 403
99 772
71 132
70 712

Estimated living cost  is ₽25126 per week

₽17753
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1696
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽404
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5272
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽52945
₽35086
₽48739
₽50431
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
49 369
pensions
-
-
-
8 453
total
-
-
-
57 822
Employee
87 363
-
148 437
-
pensions
8 428
-
10 344
-
health
1 440
-
2 123
-
income
15 748
-
39 137
-
total
25 616
-
51 604
-
Employer
87 363
-
148 437
-
pensions
10 315
-
18 743
-
health
1 659
-
2 820
-
total
11 974
-
21 563
-
Corporate
70 663
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.

13 426
32 299
-
-
total
13 426
32 299
-
-
Dividends
57 237
137 701
-
-
withholding
4 292
27 215
-
-
total
4 292
27 215
-
-
Income
170 000
170 000
170 000
170 000
Total tax
55 308
59 514
73 167
57 822
After tax
114 692
110 486
96 833
112 178
Living cost
61 747
61 747
61 747
61 747
Free-cash
52 945
48 739
35 086
50 431

Estimated living cost  is ₽61747 per week

₽46268
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽7255
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽502
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7723
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽128609
₽130055
₽132989
₽123346
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
3 787
income
-
-
-
25 500
pensions

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

-
-
-
4 874
unemployment
-
-
-
132
total
-
-
-
34 293
Employee
16 368
-
163 539
-
accident

We are using the highest rate at 1.1%.

180
-
362
-
pensions

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

1 437
-
2 892
-
health
753
-
1 515
-
income
1 637
-
16 354
-
total
4 007
-
21 123
-
Employer
16 368
-
163 539
-
pensions

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

1 804
-
3 629
-
health
1 130
-
2 272
-
unemployment
98
-
198
-
accident

We are using the highest rate at 1.1%.

180
-
362
-
total
3 212
-
6 461
-
Corporate
150 420
170 000
-
-
income
15 042
17 000
-
-
total
15 042
17 000
-
-
Dividends
135 378
153 000
-
-
withholding
6 769
7 650
-
-
total
6 769
7 650
-
-
Income
170 000
170 000
170 000
170 000
Total tax
29 030
24 650
27 584
34 293
After tax
140 970
145 350
142 416
135 707
Living cost
12 361
12 361
12 361
12 361
Free-cash
128 609
132 989
130 055
123 346

Estimated living cost  is ₽12361 per week

₽7217
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽883
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽327
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3934
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽34308
₽54345
₽31936
₽41294
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
11 628
income
-
-
-
53 741
pensions
-
-
-
11 048
total
-
-
-
76 417
Employee
87 425
80 526
152 476
-
pensions
11 048
11 048
11 048
-
health
10 907
10 513
11 628
-
income

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

13 181
13 181
23 166
-
total
35 136
34 742
45 842
-
Employer
87 425
80 526
152 476
-
pensions
6 084
5 605
6 966
-
health
6 075
5 597
6 956
-
unemployment
3 148
2 899
3 602
-
total
15 307
14 101
17 524
-
Corporate
67 268
75 373
-
-
income
13 453
15 074
-
-
total
13 453
15 074
-
-
Dividends
53 814
60 299
-
-
income
11 435
12 814
-
-
withholding
8 072
9 044
-
-
total
19 507
21 858
-
-
Income
170 000
170 000
170 000
170 000
Total tax
83 403
85 775
63 366
76 417
After tax
86 597
84 225
106 634
93 583
Living cost
52 289
52 289
52 289
52 289
Free-cash
34 308
31 936
54 345
41 294

Estimated living cost  is ₽52289 per week

₽38572
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4671
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽599
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8448
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽85316
₽65483
₽93659
₽73002
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
33 652
health
-
-
-
22 950
income
-
-
-
17 010
solidarity contribution
-
-
-
-
total
-
-
-
73 612
Employee
34 392
-
129 531
-
solidarity contribution
-
-
-
-
health
4 643
-
17 487
-
social contributions
2 235
-
7 491
-
income
4 127
-
15 683
-
total
11 005
-
40 661
-
Employer
34 392
-
129 531
-
health
3 095
-
11 658
-
social contributions
8 598
-
28 812
-
total
11 693
-
40 470
-
Corporate
123 915
170 000
-
-
income
23 544
32 300
-
-
total
23 544
32 300
-
-
Dividends
100 371
137 700
-
-
withholding
15 056
20 655
-
-
total
15 056
20 655
-
-
Income
170 000
170 000
170 000
170 000
Total tax
61 298
52 955
81 131
73 612
After tax
108 702
117 045
88 869
96 388
Living cost
23 386
23 386
23 386
23 386
Free-cash
85 316
93 659
65 483
73 002

Estimated living cost  is ₽23386 per week

₽16244
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1664
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽460
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5018
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽45989
₽33549
₽50911
₽41230
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
municipal
-
-
-
1 011
regional
-
-
-
2 010
national
-
-
-
42 235
total
-
-
-
88 980
Employee
83 806
-
170 000
-
regional
791
-
1 776
-
municipal
444
-
902
-
national
14 522
-
36 659
-
social contributions
28 259
-
57 324
-
total
44 016
-
96 661
-
Employer
83 806
-
170 000
-
total
-
-
-
-
Corporate
86 194
170 000
-
-
municipal
3 362
6 630
-
-
nationa
20 686
40 800
-
-
total
24 048
47 430
-
-
Dividends
62 146
122 570
-
-
withholding
16 157
31 869
-
-
total
16 157
31 869
-
-
Income
170 000
170 000
170 000
170 000
Total tax
84 221
79 299
96 661
88 980
After tax
85 779
90 701
73 339
81 020
Living cost
39 790
39 790
39 790
39 790
Free-cash
45 989
50 911
33 549
41 230

Estimated living cost  is ₽39790 per week

₽27737
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.
₽610
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8833
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽83186
₽53821
₽86122
₽59585
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
8 935
income
-
-
-
47 815
surtax
-
-
-
7 471
pensions
-
-
-
25 171
other
-
-
-
-
unemployment
-
-
-
215
total
-
-
-
89 607
Employee
31 184
-
143 509
-
unemployment
2 171
-
8 759
-
pensions
2 079
-
8 394
-
health
796
-
3 209
-
income
5 227
-
42 174
-
other
-
-
-
-
surtax
102
-
6 344
-
total
10 375
-
68 880
-
Employer
31 184
-
143 509
-
pensions
4 157
-
16 776
-
other
-
-
-
-
health
1 419
-
5 726
-
unemployment
988
-
3 989
-
total
6 564
-
26 491
-
Corporate
132 253
170 000
-
-
income
34 386
44 200
-
-
total
34 386
44 200
-
-
Dividends
97 866
125 800
-
-
withholding
14 681
18 870
-
-
total
14 681
18 870
-
-
Income
170 000
170 000
170 000
170 000
Total tax
66 006
63 070
95 371
89 607
After tax
103 994
106 930
74 629
80 393
Living cost
20 808
20 808
20 808
20 808
Free-cash
83 186
86 122
53 821
59 585

Estimated living cost  is ₽20808 per week

₽12723
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1920
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.
₽5685
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽74402
₽54649
₽68302
₽69994
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
49 369
pensions
-
-
-
8 453
total
-
-
-
57 822
Employee
58 548
-
148 437
-
pensions
4 969
-
10 344
-
health
850
-
2 123
-
income
10 545
-
39 137
-
total
16 364
-
51 604
-
Employer
58 548
-
148 437
-
pensions
6 338
-
18 743
-
health
1 112
-
2 820
-
total
7 450
-
21 563
-
Corporate
104 002
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.

19 760
32 299
-
-
total
19 760
32 299
-
-
Dividends
84 242
137 701
-
-
withholding
9 840
27 215
-
-
total
9 840
27 215
-
-
Income
170 000
170 000
170 000
170 000
Total tax
53 414
59 514
73 167
57 822
After tax
116 586
110 486
96 833
112 178
Living cost
42 184
42 184
42 184
42 184
Free-cash
74 402
68 302
54 649
69 994

Estimated living cost  is ₽42184 per week

₽31604
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3162
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽441
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6976
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽34848
₽54876
₽2771
₽62709
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
383
pensions
-
-
-
15 640
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
regional
-
-
-
8 345
city
-
-
-
1 793
national
-
-
-
2 764
total
-
-
-
32 325
Employee
87 730
-
152 159
-
unemployment
-
-
-
-
pensions
7 370
-
12 781
-
regional
2 873
-
7 188
-
national
415
-
2 043
-
health
198
-
343
-
city
942
-
1 635
-
total
11 798
-
23 990
-
Employer
87 730
-
152 159
-
pensions
7 370
-
12 781
-
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.

1 754
-
3 044
-
health
198
-
343
-
unemployment
-
-
-
-
total
9 322
-
16 168
-
Corporate
71 983
170 000
-
-
regional
15 224
35 955
-
-
national
6 119
14 450
-
-
total
21 343
50 405
-
-
Dividends
50 640
119 595
-
-
withholding
17 723
41 858
-
-
total
17 723
41 858
-
-
Income
170 000
170 000
170 000
170 000
Total tax
60 186
92 263
40 158
32 325
After tax
109 814
77 737
129 842
137 675
Living cost
74 966
74 966
74 966
74 966
Free-cash
34 848
2 771
54 876
62 709

Estimated living cost  is ₽74966 per week

₽48749
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽6727
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽920
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽18569
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽56081
₽64466
₽40785
₽42830
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
6 442
trade
-
-
-
21 636
income

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

-
-
-
52 981
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.

-
-
-
2 913
total
-
-
-
83 972
Employee

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

56 671
-
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.

6 442
-
6 442
-
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.

6 664
-
52 981
-
surtax

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

367
-
2 913
-
total
13 473
-
62 336
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
113 329
170 000
-
-
income
17 000
25 500
-
-
chamber of commerce
302
383
-
-
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.

934
1 403
-
-
trade
19 435
29 156
-
-
total
37 671
56 442
-
-
Dividends
75 657
113 558
-
-
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.

1 020
1 543
-
-
withholding
18 557
28 032
-
-
total
19 577
29 575
-
-
Income
170 000
170 000
170 000
170 000
Total tax
70 721
86 017
62 336
83 972
After tax
99 279
83 983
107 664
86 028
Living cost
43 198
43 198
43 198
43 198
Free-cash
56 081
40 785
64 466
42 830

Estimated living cost  is ₽43198 per week

₽31550
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3455
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽562
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7632
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽58987
₽60710
₽53418
₽63473
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
4 844
health
-
-
-
7 312
income
-
-
-
26 897
surtax
-
-
-
-
pensions
-
-
-
29 942
other
-
-
-
5 270
total
-
-
-
74 265
Employee
40 358
-
131 512
-
pensions
4 563
-
9 167
-
social contributions
1 151
-
3 747
-
income
2 382
-
25 630
-
surtax
-
-
-
-
total
8 096
-
38 544
-
Employer
40 358
-
131 512
-
pensions
6 630
-
15 429
-
other
1 392
-
5 140
-
health
2 826
-
12 196
-
unemployment
1 634
-
5 325
-
social contributions
122
-
394
-
total
12 604
-
38 484
-
Corporate
117 039
170 000
-
-
income
32 771
47 600
-
-
surtax
-
-
-
-
total
32 771
47 600
-
-
Dividends
84 269
122 400
-
-
surtax
-
-
-
-
social contributions
14 493
21 053
-
-
withholding
10 787
15 667
-
-
total
25 280
36 720
-
-
Income
170 000
170 000
170 000
170 000
Total tax
78 751
84 320
77 028
74 265
After tax
91 249
85 680
92 972
95 735
Living cost
32 262
32 262
32 262
32 262
Free-cash
58 987
53 418
60 710
63 473

Estimated living cost  is ₽32262 per week

₽20343
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2623
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽549
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8749
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽61855
₽63906
₽56614
₽66669
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
4 844
health
-
-
-
7 312
income
-
-
-
26 897
surtax
-
-
-
-
pensions
-
-
-
29 942
other
-
-
-
5 270
total
-
-
-
74 265
Employee
36 025
-
131 512
-
pensions
4 075
-
9 167
-
social contributions
1 027
-
3 747
-
income
1 857
-
25 630
-
surtax
-
-
-
-
total
6 959
-
38 544
-
Employer
36 025
-
131 512
-
pensions
5 920
-
15 429
-
other
1 244
-
5 140
-
health
2 521
-
12 196
-
unemployment
1 458
-
5 325
-
social contributions
107
-
394
-
total
11 250
-
38 484
-
Corporate
122 725
170 000
-
-
income
34 363
47 600
-
-
surtax
-
-
-
-
total
34 363
47 600
-
-
Dividends
88 361
122 400
-
-
surtax
-
-
-
-
social contributions
15 198
21 053
-
-
withholding
11 309
15 667
-
-
total
26 507
36 720
-
-
Income
170 000
170 000
170 000
170 000
Total tax
79 079
84 320
77 028
74 265
After tax
90 921
85 680
92 972
95 735
Living cost
29 066
29 066
29 066
29 066
Free-cash
61 855
56 614
63 906
66 669

Estimated living cost  is ₽29066 per week

₽16857
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2953
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽551
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8706
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽84210
₽85559
₽83719
₽89179
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
25 500
total
-
-
-
60 826
Employee
31 972
-
170 000
-
health
2 231
-
11 866
-
social contributions
4 413
-
23 460
-
income
5 333
-
29 120
-
total
11 977
-
64 446
-
Employer
31 972
-
170 000
-
total
-
-
-
-
Corporate
138 028
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%.

6 902
8 500
-
-
total
6 902
8 500
-
-
Dividends
131 126
161 500
-
-
health
9 153
11 272
-
-
social contributions
18 095
22 288
-
-
withholding
19 668
24 226
-
-
total
46 916
57 786
-
-
Income
170 000
170 000
170 000
170 000
Total tax
65 795
66 286
64 446
60 826
After tax
104 205
103 714
105 554
109 174
Living cost
19 995
19 995
19 995
19 995
Free-cash
84 210
83 719
85 559
89 179

Estimated living cost  is ₽19995 per week

₽13382
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1233
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽460
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4919
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽59336
₽11788
₽60796
₽54035
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
8 427
surtax
-
-
-
186
income
-
-
-
47 281
chamber of commerce
-
-
-
680
pensions
-
-
-
20 380
unemployment
-
-
-
5 784
total
-
-
-
82 738
Employee
47 125
37 579
136 208
-
unemployment
1 414
1 127
3 305
-
pensions
4 826
3 847
11 281
-
health
1 823
1 455
4 263
-
income
5 365
2 772
38 087
-
other
471
376
1 102
-
total
13 899
9 577
58 038
-
Employer
47 125
37 579
136 208
-
chamber of commerce
188
150
544
-
pensions
5 914
4 717
13 825
-
other
2 239
1 784
6 249
-
health
1 781
1 421
4 164
-
unemployment
1 414
1 127
3 305
-
accident
612
489
1 432
-
surtax
186
186
186
-
payroll
1 414
1 127
4 085
-
total
13 748
11 001
33 790
-
Corporate
109 128
121 420
132 631
-
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.

27 282
30 355
33 157
-
total
27 282
30 355
33 157
-
Dividends
81 846
91 065
-
-
withholding
22 508
25 044
-
-
total
22 508
25 044
-
-
Income
170 000
170 000
170 000
170 000
Total tax
77 437
75 977
124 985
82 738
After tax
92 563
94 023
45 015
87 262
Living cost
33 227
33 227
33 227
33 227
Free-cash
59 336
60 796
11 788
54 035

Estimated living cost  is ₽33227 per week

₽22161
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2835
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.
₽7686
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽46543
₽25252
₽60686
₽39345
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
23 510
communal

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

-
-
-
8 790
national
-
-
-
63 973
total
-
-
-
96 273
Employee

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

67 451
-
131 671
-
unemployment

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

587
-
1 145
-
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.

5 059
-
9 876
-
national
20 737
-
47 960
-
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.

3 169
-
6 188
-
communal

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

3 518
-
6 868
-
total
33 070
-
72 037
-
Employer

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

67 451
-
131 671
-
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.

5 977
-
11 666
-
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.

4 148
-
8 097
-
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.

984
-
1 922
-
accident

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

877
-
1 713
-
surtax
7 648
-
14 931
-
total
19 634
-
38 329
-
Corporate
82 915
170 000
-
-
income
16 583
34 000
-
-
surtax
331
680
-
-
total
16 914
34 680
-
-
Dividends
66 001
135 320
-
-
withholding

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

19 457
40 252
-
-
total
19 457
40 252
-
-
Income
170 000
170 000
170 000
170 000
Total tax
89 075
74 932
110 366
96 273
After tax
80 925
95 068
59 634
73 727
Living cost
34 382
34 382
34 382
34 382
Free-cash
46 543
60 686
25 252
39 345

Estimated living cost  is ₽34382 per week

₽22146
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3006
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.
₽8691
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽72755
₽57348
₽79213
₽61305
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
accident
-
-
-
787
income
-
-
-
48 419
pensions
-
-
-
24 734
other
-
-
-
88
unemployment
-
-
-
612
total
-
-
-
74 640
Employee
46 939
-
142 136
-
unemployment
728
-
1 355
-
pensions
2 206
-
4 109
-
income
9 904
-
45 181
-
other
47
-
88
-
total
12 885
-
50 733
-
Employer
46 939
-
142 136
-
pensions
11 077
-
20 627
-
other
374
-
700
-
unemployment
2 582
-
4 807
-
accident
929
-
1 730
-
total
14 962
-
27 864
-
Corporate
108 099
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.

16 214
25 500
-
-
total
16 214
25 500
-
-
Dividends
91 885
144 500
-
-
withholding
19 129
31 232
-
-
total
19 129
31 232
-
-
Income
170 000
170 000
170 000
170 000
Total tax
63 190
56 732
78 597
74 640
After tax
106 810
113 268
91 403
95 360
Living cost
34 055
34 055
34 055
34 055
Free-cash
72 755
79 213
57 348
61 305

Estimated living cost  is ₽34055 per week

₽25078
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2416
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽490
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6070
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽35752
₽39144
₽47930
₽32368
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
accident
-
-
-
1 433
health
-
-
-
11 945
income
-
-
-
28 357
surtax
-
-
-
8 428
pensions
-
-
-
25 480
communal
-
-
-
10 744
total
-
-
-
86 387
Employee
71 410
-
151 853
-
pensions
5 712
-
12 149
-
health
3 178
-
6 757
-
income
6 898
-
33 251
-
surtax
4 377
-
9 307
-
total
20 165
-
61 464
-
Employer
71 410
-
151 853
-
pensions
5 712
-
12 149
-
health
2 178
-
4 631
-
accident
642
-
1 367
-
total
8 532
-
18 147
-
Corporate
90 057
170 000
-
-
income
13 509
25 500
-
-
communal
6 079
11 476
-
-
surtax
945
1 786
-
-
total
20 533
38 762
-
-
Dividends
69 525
131 238
-
-
income
23 344
12 377
-
-
withholding
10 429
19 686
-
-
total
33 773
32 063
-
-
Income
170 000
170 000
170 000
170 000
Total tax
83 003
70 825
79 611
86 387
After tax
86 997
99 175
90 389
83 613
Living cost
51 245
51 245
51 245
51 245
Free-cash
35 752
47 930
39 144
32 368

Estimated living cost  is ₽51245 per week

₽38441
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3105
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽542
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9155
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽82750
₽53449
₽85750
₽59213
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
8 935
income
-
-
-
47 815
surtax
-
-
-
7 471
pensions
-
-
-
25 171
other
-
-
-
-
unemployment
-
-
-
215
total
-
-
-
89 607
Employee
31 756
-
143 509
-
unemployment
2 210
-
8 759
-
pensions
2 119
-
8 394
-
health
811
-
3 209
-
income
5 324
-
42 174
-
other
-
-
-
-
surtax
113
-
6 344
-
total
10 577
-
68 880
-
Employer
31 756
-
143 509
-
pensions
4 234
-
16 776
-
other
-
-
-
-
health
1 444
-
5 726
-
unemployment
1 007
-
3 989
-
total
6 685
-
26 491
-
Corporate
131 559
170 000
-
-
income
34 206
44 200
-
-
total
34 206
44 200
-
-
Dividends
97 353
125 800
-
-
withholding
14 602
18 870
-
-
total
14 602
18 870
-
-
Income
170 000
170 000
170 000
170 000
Total tax
66 070
63 070
95 371
89 607
After tax
103 930
106 930
74 629
80 393
Living cost
21 180
21 180
21 180
21 180
Free-cash
82 750
85 750
53 449
59 213

Estimated living cost  is ₽21180 per week

₽12788
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1841
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽492
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6061
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽61859
₽47425
₽63954
₽55065
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
municipal
-
-
-
1 011
regional
-
-
-
2 563
national
-
-
-
42 235
total
-
-
-
89 533
Employee
52 308
-
170 000
-
regional
704
-
2 288
-
municipal
277
-
902
-
national
8 287
-
36 659
-
social contributions
17 639
-
57 324
-
total
26 907
-
97 173
-
Employer
52 308
-
170 000
-
total
-
-
-
-
Corporate
117 692
170 000
-
-
municipal
5 850
8 450
-
-
nationa
28 247
40 800
-
-
total
34 097
49 250
-
-
Dividends
83 595
120 750
-
-
withholding
21 735
31 394
-
-
total
21 735
31 394
-
-
Income
170 000
170 000
170 000
170 000
Total tax
82 739
80 644
97 173
89 533
After tax
87 261
89 356
72 827
80 467
Living cost
25 402
25 402
25 402
25 402
Free-cash
61 859
63 954
47 425
55 065

Estimated living cost  is ₽25402 per week

₽15797
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2573
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽435
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6596
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽77947
₽60051
₽88227
₽67570
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
33 652
health
-
-
-
22 950
income
-
-
-
17 010
solidarity contribution
-
-
-
-
total
-
-
-
73 612
Employee
42 379
-
129 531
-
solidarity contribution
-
-
-
-
health
5 721
-
17 487
-
social contributions
2 755
-
7 491
-
income
5 085
-
15 683
-
total
13 561
-
40 661
-
Employer
42 379
-
129 531
-
health
3 814
-
11 658
-
social contributions
10 595
-
28 812
-
total
14 409
-
40 470
-
Corporate
113 212
170 000
-
-
income
21 510
32 300
-
-
total
21 510
32 300
-
-
Dividends
91 701
137 700
-
-
withholding
13 755
20 655
-
-
total
13 755
20 655
-
-
Income
170 000
170 000
170 000
170 000
Total tax
63 235
52 955
81 131
73 612
After tax
106 765
117 045
88 869
96 388
Living cost
28 818
28 818
28 818
28 818
Free-cash
77 947
88 227
60 051
67 570

Estimated living cost  is ₽28818 per week

₽21431
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1596
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽499
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5292
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽63572
₽14975
₽64042
₽57364
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
8 427
surtax
-
-
-
-
income
-
-
-
47 281
chamber of commerce
-
-
-
680
pensions
-
-
-
20 380
unemployment
-
-
-
5 784
total
-
-
-
82 552
Employee
41 220
37 579
136 383
-
unemployment
1 237
1 127
3 305
-
pensions
4 221
3 847
11 281
-
health
1 594
1 455
4 263
-
income
3 672
2 772
38 171
-
other
412
376
1 102
-
total
11 136
9 577
58 122
-
Employer
41 220
37 579
136 383
-
chamber of commerce
165
150
546
-
pensions
5 173
4 717
13 825
-
other
1 958
1 784
6 254
-
health
1 559
1 421
4 164
-
unemployment
1 237
1 127
3 305
-
accident
535
489
1 432
-
surtax
-
-
-
-
payroll
1 237
1 127
4 091
-
total
11 864
10 815
33 617
-
Corporate
116 918
121 606
132 804
-
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.

29 229
30 401
33 202
-
total
29 229
30 401
33 202
-
Dividends
87 688
91 204
-
-
withholding
24 115
25 081
-
-
total
24 115
25 081
-
-
Income
170 000
170 000
170 000
170 000
Total tax
76 344
75 874
124 941
82 552
After tax
93 656
94 126
45 059
87 448
Living cost
30 084
30 084
30 084
30 084
Free-cash
63 572
64 042
14 975
57 364

Estimated living cost  is ₽30084 per week

₽18047
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3073
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽537
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8428
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽147089
₽123864
₽149364
₽156164
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
15 170
-
170 000
-
income
3 034
-
34 000
-
total
3 034
-
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%.

154 830
170 000
-
-
total
-
-
-
-
Dividends
154 830
170 000
-
-
withholding
7 741
8 500
-
-
total
7 741
8 500
-
-
Income
170 000
170 000
170 000
170 000
Total tax
10 775
8 500
34 000
1 700
After tax
159 225
161 500
136 000
168 300
Living cost
12 136
12 136
12 136
12 136
Free-cash
147 089
149 364
123 864
156 164

Estimated living cost  is ₽12136 per week

₽8213
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽509
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽407
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3007
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽83864
₽53036
₽91751
₽57537
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
16 730
income
-
-
-
39 139
pensions
-
-
-
31 045
unemployment
-
-
-
256
total
-
-
-
87 170
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.

41 698
-
147 098
-
unemployment
59
-
206
-
pensions
6 464
-
22 800
-
health
2 693
-
9 502
-
income
7 191
-
36 261
-
total
16 407
-
68 769
-
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.

41 698
-
147 098
-
pensions
3 690
-
13 018
-
health
2 777
-
9 796
-
unemployment
25
-
88
-
total
6 492
-
22 902
-
Corporate
121 809
170 000
-
-
income
23 143
32 300
-
-
total
23 143
32 300
-
-
Dividends
98 666
137 700
-
-
withholding
14 801
20 656
-
-
total
14 801
20 656
-
-
Income
170 000
170 000
170 000
170 000
Total tax
60 843
52 956
91 671
87 170
After tax
109 157
117 044
78 329
82 830
Living cost
25 293
25 293
25 293
25 293
Free-cash
83 864
91 751
53 036
57 537

Estimated living cost  is ₽25293 per week

₽17358
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1621
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽490
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5825
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽17613
₽116737
₽62610
₽76666
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
58 527
-
-
-
social contributions
4 799
-
684
-
income
12 910
-
-
-
total
17 709
-
684
-
Employer
58 527
-
-
-
social contributions
82 523
-
11 761
-
total
82 523
-
11 761
-
Corporate
28 951
170 000
-
-
income
6 369
37 400
-
-
total
6 369
37 400
-
-
Dividends
22 582
132 600
-
-
income
4 968
29 172
-
-
total
4 968
29 172
-
-
Income
170 000
170 000
170 000
170 000
Total tax
111 569
66 572
12 445
52 516
After tax
58 431
103 428
157 555
117 484
Living cost
40 818
40 818
40 818
40 818
Free-cash
17 613
62 610
116 737
76 666

Estimated living cost  is ₽40818 per week

₽26484
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3839
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽520
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9974
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽66167
₽48326
₽67118
₽61214
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
59 076
income
-
-
-
20 132
surtax
-
-
-
-
total
-
-
-
79 208
Employee
43 369
-
137 374
-
social contributions
4 771
-
15 112
-
income
9 021
-
44 358
-
surtax
-
-
-
-
total
13 792
-
59 470
-
Employer
43 369
-
137 374
-
social contributions
10 300
-
32 626
-
total
10 300
-
32 626
-
Corporate
116 330
170 000
-
-
income
24 430
35 700
-
-
surtax
-
-
-
-
total
24 430
35 700
-
-
Dividends
91 901
134 300
-
-
withholding
25 733
37 604
-
-
total
25 733
37 604
-
-
Income
170 000
170 000
170 000
170 000
Total tax
74 255
73 304
92 096
79 208
After tax
95 745
96 696
77 904
90 792
Living cost
29 578
29 578
29 578
29 578
Free-cash
66 167
67 118
48 326
61 214

Estimated living cost  is ₽29578 per week

₽22130
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1745
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽494
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5209
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Lisbon model

Close
Paris , France
₽46617
₽47428
₽40136
₽50191
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
4 844
health
-
-
-
7 312
income
-
-
-
26 897
surtax
-
-
-
-
pensions
-
-
-
29 942
other
-
-
-
5 270
total
-
-
-
74 265
Employee
59 060
-
131 512
-
pensions
6 680
-
9 167
-
social contributions
1 682
-
3 747
-
income
5 153
-
25 630
-
surtax
-
-
-
-
total
13 515
-
38 544
-
Employer
59 060
-
131 512
-
pensions
9 704
-
15 429
-
other
2 038
-
5 140
-
health
4 134
-
12 196
-
unemployment
2 393
-
5 325
-
social contributions
177
-
394
-
total
18 446
-
38 484
-
Corporate
92 494
170 000
-
-
income
25 899
47 600
-
-
surtax
-
-
-
-
total
25 899
47 600
-
-
Dividends
66 595
122 400
-
-
surtax
-
-
-
-
social contributions
11 454
21 053
-
-
withholding
8 525
15 667
-
-
total
19 979
36 720
-
-
Income
170 000
170 000
170 000
170 000
Total tax
77 839
84 320
77 028
74 265
After tax
92 161
85 680
92 972
95 735
Living cost
45 544
45 544
45 544
45 544
Free-cash
46 617
40 136
47 428
50 191

Estimated living cost  is ₽45544 per week

₽30824
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3726
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.
₽10370
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽121488
₽101238
₽124655
₽96721
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
37 400
income
-
-
-
7 534
total
-
-
-
44 934
Employee
30 316
-
147 186
-
social contributions
1 970
-
9 568
-
income
-
-
8 035
-
total
1 970
-
17 603
-
Employer
30 316
-
147 186
-
social contributions
4 699
-
22 814
-
total
4 699
-
22 814
-
Corporate
134 985
170 000
-
-
income
13 498
17 000
-
-
total
13 498
17 000
-
-
Dividends
121 487
153 000
-
-
total
-
-
-
-
Income
170 000
170 000
170 000
170 000
Total tax
20 167
17 000
40 417
44 934
After tax
149 833
153 000
129 583
125 066
Living cost
28 345
28 345
28 345
28 345
Free-cash
121 488
124 655
101 238
96 721

Estimated living cost  is ₽28345 per week

₽18328
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2137
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽533
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7348
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽35325
-₽35325
-₽35325
₽54645
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
municipal
-
-
-
35 531
pensions
-
-
-
817
labour market
-
-
-
13 535
national
-
-
-
20 087
total
-
-
-
69 970
Employee
191 561
191 561
191 561
-
pensions
272
272
272
-
municipal
40 792
40 792
40 792
-
national
23 403
23 403
23 403
-
labour market
15 303
15 303
15 303
-
total
79 770
79 770
79 770
-
Employer
191 561
191 561
191 561
-
municipal
40 857
40 857
40 857
-
pensions
545
545
545
-
national
23 443
23 443
23 443
-
labour market
15 325
15 325
15 325
-
total
80 170
80 170
80 170
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
170 000
170 000
170 000
170 000
Total tax
159 940
159 940
159 940
69 970
After tax
10 060
10 060
10 060
100 030
Living cost
45 385
45 385
45 385
45 385
Free-cash
-35 325
-35 325
-35 325
54 645

Estimated living cost  is ₽45385 per week

₽31062
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4015
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽698
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9610
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽10598
₽71732
-₽6908
₽95527
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
accident
-
-
-
241
health
-
-
-
2 081
income
-
-
-
47 150
pensions
-
-
-
3 969
other
-
-
-
354
total
-
-
-
53 795
Employee
32 528
-
153 179
-
pensions
3 663
-
7 278
-
health
3 725
-
17 539
-
income
4 462
-
35 952
-
total
11 850
-
60 769
-
Employer
32 528
-
153 179
-
pensions
5 289
-
10 510
-
unemployment
797
-
3 753
-
accident
543
-
2 558
-
total
6 629
-
16 821
-
Corporate
130 843
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.

117 759
153 000
-
-
total
117 759
153 000
-
-
Dividends
13 084
17 000
-
-
withholding
2 486
3 230
-
-
total
2 486
3 230
-
-
Income
170 000
170 000
170 000
170 000
Total tax
138 724
156 230
77 590
53 795
After tax
31 276
13 770
92 410
116 205
Living cost
20 678
20 678
20 678
20 678
Free-cash
10 598
-6 908
71 732
95 527

Estimated living cost  is ₽20678 per week

₽15051
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1179
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽388
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4060
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽72545
₽52729
₽70080
₽72880
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
2 224
municipal
-
-
-
30 199
national
-
-
-
28 494
total
-
-
-
60 917
Employee
49 612
-
143 015
-
unemployment
744
-
2 146
-
pensions
3 348
-
9 654
-
municipal
8 126
-
23 293
-
national
820
-
17 180
-
health
370
-
1 809
-
total
13 408
-
54 082
-
Employer
49 612
-
143 015
-
pensions
8 607
-
24 813
-
health
381
-
1 101
-
unemployment
322
-
929
-
accident
50
-
143
-
total
9 360
-
26 986
-
Corporate
111 028
170 000
-
-
income
22 205
34 000
-
-
total
22 205
34 000
-
-
Dividends

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

66 617
102 000
-
-
national
4 288
11 357
-
-
municipal
11 991
18 360
-
-
total
16 279
29 717
-
-
Income
170 000
170 000
170 000
170 000
Total tax
61 252
63 717
81 068
60 917
After tax
108 748
106 283
88 932
109 083
Living cost
36 203
36 203
36 203
36 203
Free-cash
72 545
70 080
52 729
72 880

Estimated living cost  is ₽36203 per week

₽23648
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3482
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽576
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8498
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽97040
₽92684
₽102172
₽94167
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
15 257
health
-
-
-
4 336
income
-
-
-
34 408
total
-
-
-
54 001
Employee
72 510
72 510
158 943
-
health
562
1 233
2 702
-
social contributions
2 741
6 018
8 117
-
income
7 895
6 712
33 608
-
total
11 198
13 963
44 427
-
Employer
72 510
72 510
158 943
-
health
610
1 342
2 940
-
social contributions
2 741
6 018
8 117
-
total
3 351
7 360
11 057
-
Corporate
133 617
90 130
-
-
income
16 703
11 266
-
-
total
16 703
11 266
-
-
Dividends
116 915
78 863
-
-
withholding
19 876
13 407
-
-
total
19 876
13 407
-
-
Income
170 000
170 000
170 000
170 000
Total tax
51 128
45 996
55 484
54 001
After tax
118 872
124 004
114 516
115 999
Living cost
21 832
21 832
21 832
21 832
Free-cash
97 040
102 172
92 684
94 167

Estimated living cost  is ₽21832 per week

₽13085
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2142
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽483
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6124
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽121008
₽109349
₽125804
₽128261
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
3 413
income
-
-
-
17 329
pensions
-
-
-
5 998
unemployment
-
-
-
27
total
-
-
-
26 767
Employee

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

21 644
-
160 784
-
unemployment
107
-
447
-
pensions
3 246
-
13 421
-
health
1 840
-
7 605
-
income
1 480
-
14 991
-
total
6 673
-
36 464
-
Employer

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

21 644
-
160 784
-
pensions
1 190
-
4 921
-
health
931
-
3 847
-
unemployment
107
-
447
-
total
2 228
-
9 215
-
Corporate
146 128
170 000
-
-
income
13 151
15 300
-
-
total
13 151
15 300
-
-
Dividends
132 977
154 700
-
-
withholding
11 968
13 924
-
-
total
11 968
13 924
-
-
Income
170 000
170 000
170 000
170 000
Total tax
34 020
29 224
45 679
26 767
After tax
135 980
140 776
124 321
143 233
Living cost
14 972
14 972
14 972
14 972
Free-cash
121 008
125 804
109 349
128 261

Estimated living cost  is ₽14972 per week

₽9552
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1079
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽446
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3894
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽83174
₽65472
₽87337
₽69429
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
accident
-
-
-
787
income
-
-
-
48 419
pensions
-
-
-
24 734
other
-
-
-
88
unemployment
-
-
-
612
total
-
-
-
74 640
Employee
34 867
-
142 136
-
unemployment
540
-
1 355
-
pensions
1 639
-
4 109
-
income
6 722
-
45 181
-
other
34
-
88
-
total
8 935
-
50 733
-
Employer
34 867
-
142 136
-
pensions
8 228
-
20 627
-
other
279
-
700
-
unemployment
1 918
-
4 807
-
accident
691
-
1 730
-
total
11 116
-
27 864
-
Corporate
124 017
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.

18 603
25 500
-
-
total
18 603
25 500
-
-
Dividends
105 413
144 500
-
-
withholding
22 241
31 232
-
-
total
22 241
31 232
-
-
Income
170 000
170 000
170 000
170 000
Total tax
60 895
56 732
78 597
74 640
After tax
109 105
113 268
91 403
95 360
Living cost
25 931
25 931
25 931
25 931
Free-cash
83 174
87 337
65 472
69 429

Estimated living cost  is ₽25931 per week

₽17503
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2493
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.
₽5481
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽103923
₽107427
₽104227
₽107559
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
980
income
-
-
-
58 257
pensions
-
-
-
1 351
total
-
-
-
60 588
Employee
2 822
-
168 480
-
unemployment
28
-
68
-
pensions
254
-
608
-
health
141
-
338
-
income
546
-
58 186
-
total
969
-
59 200
-
Employer
2 822
-
168 480
-
pensions
310
-
743
-
health
268
-
642
-
unemployment
56
-
135
-
total
634
-
1 520
-
Corporate
166 544
170 000
-
-
income
36 640
37 400
-
-
total
36 640
37 400
-
-
Dividends
129 904
132 600
-
-
withholding
25 981
26 520
-
-
total
25 981
26 520
-
-
Income
170 000
170 000
170 000
170 000
Total tax
64 224
63 920
60 720
60 588
After tax
105 776
106 080
109 280
109 412
Living cost
1 853
1 853
1 853
1 853
Free-cash
103 923
104 227
107 427
107 559

Estimated living cost  is ₽1853 per week

₽1101
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽150
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽42
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽559
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽101883
₽88795
₽106520
₽88795
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
7 177
income
-
-
-
38 562
pensions
-
-
-
18 116
unemployment
-
-
-
1 045
total
-
-
-
64 900
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.

24 587
-
157 528
-
unemployment
184
-
523
-
pensions
3 442
-
9 755
-
health
1 266
-
3 588
-
income
3 389
-
38 562
-
total
8 281
-
52 428
-
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.

24 587
-
157 528
-
pensions
2 950
-
8 361
-
health
1 266
-
3 588
-
unemployment
184
-
523
-
total
4 400
-
12 472
-
Corporate
141 012
170 000
-
-
income
21 152
25 500
-
-
total
21 152
25 500
-
-
Dividends
119 860
144 500
-
-
withholding
17 979
21 675
-
-
total
17 979
21 675
-
-
Income
170 000
170 000
170 000
170 000
Total tax
51 812
47 175
64 900
64 900
After tax
118 188
122 825
105 100
105 100
Living cost
16 305
16 305
16 305
16 305
Free-cash
101 883
106 520
88 795
88 795

Estimated living cost  is ₽16305 per week

₽10978
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1261
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽472
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3594
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽70935
₽52482
₽71274
₽65370
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
59 076
income
-
-
-
20 132
surtax
-
-
-
-
total
-
-
-
79 208
Employee
36 599
-
137 374
-
social contributions
4 026
-
15 112
-
income
7 151
-
44 358
-
surtax
-
-
-
-
total
11 177
-
59 470
-
Employer
36 599
-
137 374
-
social contributions
8 691
-
32 626
-
total
8 691
-
32 626
-
Corporate
124 710
170 000
-
-
income
26 189
35 700
-
-
surtax
-
-
-
-
total
26 189
35 700
-
-
Dividends
98 521
134 300
-
-
withholding
27 586
37 604
-
-
total
27 586
37 604
-
-
Income
170 000
170 000
170 000
170 000
Total tax
73 643
73 304
92 096
79 208
After tax
96 357
96 696
77 904
90 792
Living cost
25 422
25 422
25 422
25 422
Free-cash
70 935
71 274
52 482
65 370

Estimated living cost  is ₽25422 per week

₽18006
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1766
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽451
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5200
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽73957
₽58263
₽80128
₽62220
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
accident
-
-
-
787
income
-
-
-
48 419
pensions
-
-
-
24 734
other
-
-
-
88
unemployment
-
-
-
612
total
-
-
-
74 640
Employee
45 541
-
142 136
-
unemployment
705
-
1 355
-
pensions
2 140
-
4 109
-
income
9 512
-
45 181
-
other
45
-
88
-
total
12 402
-
50 733
-
Employer
45 541
-
142 136
-
pensions
10 748
-
20 627
-
other
365
-
700
-
unemployment
2 505
-
4 807
-
accident
902
-
1 730
-
total
14 520
-
27 864
-
Corporate
109 939
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.

16 492
25 500
-
-
total
16 492
25 500
-
-
Dividends
93 447
144 500
-
-
withholding
19 489
31 232
-
-
total
19 489
31 232
-
-
Income
170 000
170 000
170 000
170 000
Total tax
62 903
56 732
78 597
74 640
After tax
107 097
113 268
91 403
95 360
Living cost
33 140
33 140
33 140
33 140
Free-cash
73 957
80 128
58 263
62 220

Estimated living cost  is ₽33140 per week

₽23800
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2577
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽467
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6297
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽123386
₽126198
₽129132
₽119489
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
3 787
income
-
-
-
25 500
pensions

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

-
-
-
4 874
unemployment
-
-
-
132
total
-
-
-
34 293
Employee
21 476
-
163 539
-
accident

We are using the highest rate at 1.1%.

236
-
362
-
pensions

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

1 885
-
2 892
-
health
988
-
1 515
-
income
2 148
-
16 354
-
total
5 257
-
21 123
-
Employer
21 476
-
163 539
-
pensions

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

2 367
-
3 629
-
health
1 482
-
2 272
-
unemployment
129
-
198
-
accident

We are using the highest rate at 1.1%.

236
-
362
-
total
4 214
-
6 461
-
Corporate
144 311
170 000
-
-
income
14 431
17 000
-
-
total
14 431
17 000
-
-
Dividends
129 880
153 000
-
-
withholding
6 494
7 650
-
-
total
6 494
7 650
-
-
Income
170 000
170 000
170 000
170 000
Total tax
30 396
24 650
27 584
34 293
After tax
139 604
145 350
142 416
135 707
Living cost
16 218
16 218
16 218
16 218
Free-cash
123 386
129 132
126 198
119 489

Estimated living cost  is ₽16218 per week

₽10727
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽929
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽387
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4177
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽63414
₽71258
₽51078
₽53154
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
6 442
trade
-
-
-
18 104
income

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

-
-
-
52 981
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.

-
-
-
2 913
total
-
-
-
80 440
Employee

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

46 919
-
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.

6 442
-
6 442
-
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.

3 858
-
52 981
-
surtax

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

213
-
2 913
-
total
10 513
-
62 336
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
123 081
170 000
-
-
income
18 462
25 500
-
-
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.

1 015
1 403
-
-
trade
17 662
24 396
-
-
total
37 463
51 691
-
-
Dividends
85 619
118 309
-
-
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.

1 158
1 607
-
-
withholding
21 046
29 218
-
-
total
22 204
30 825
-
-
Income
170 000
170 000
170 000
170 000
Total tax
70 180
82 516
62 336
80 440
After tax
99 820
87 484
107 664
89 560
Living cost
36 406
36 406
36 406
36 406
Free-cash
63 414
51 078
71 258
53 154

Estimated living cost  is ₽36406 per week

₽25113
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3917
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽528
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6847
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽67365
₽35418
₽65284
₽35418
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
28 453
income
-
-
-
52 413
total
-
-
-
80 866
Employee
73 761
-
170 000
-
social contributions
6 128
-
28 453
-
income
13 918
-
52 413
-
total
20 046
-
80 866
-
Employer
73 761
-
170 000
-
total
-
-
-
-
Corporate
96 239
170 000
-
-
income
12 031
21 250
-
-
total
12 031
21 250
-
-
Dividends
84 208
148 750
-
-
withholding
16 842
29 750
-
-
total
16 842
29 750
-
-
Income
170 000
170 000
170 000
170 000
Total tax
48 919
51 000
80 866
80 866
After tax
121 081
119 000
89 134
89 134
Living cost
53 716
53 716
53 716
53 716
Free-cash
67 365
65 284
35 418
35 418

Estimated living cost  is ₽53716 per week

₽40866
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4377
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽514
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7960
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽74583
₽86405
₽71288
₽103071
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
26 842
health

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

-
-
-
5 857
total
-
-
-
32 699
Employee
43 258
-
165 662
-
social contributions
4 334
-
4 338
-
income
4 694
-
40 689
-
total
9 028
-
45 027
-
Employer
43 258
-
165 662
-
social contributions
4 334
-
4 338
-
total
4 334
-
4 338
-
Corporate
122 408
170 000
-
-
income
42 843
59 500
-
-
total
42 843
59 500
-
-
Dividends
79 565
110 500
-
-
social contributions
4 982
4 982
-
-
total
4 982
4 982
-
-
Income
170 000
170 000
170 000
170 000
Total tax
61 187
64 482
49 365
32 699
After tax
108 813
105 518
120 635
137 301
Living cost
34 230
34 230
34 230
34 230
Free-cash
74 583
71 288
86 405
103 071

Estimated living cost  is ₽34230 per week

₽22547
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2699
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽524
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8459
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽81657
₽62539
₽76192
₽77884
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
49 369
pensions
-
-
-
8 453
total
-
-
-
57 822
Employee
47 074
-
148 437
-
pensions
3 593
-
10 344
-
health
614
-
2 123
-
income
8 572
-
39 137
-
total
12 779
-
51 604
-
Employer
47 074
-
148 437
-
pensions
4 756
-
18 743
-
health
895
-
2 820
-
total
5 651
-
21 563
-
Corporate
117 276
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.

22 283
32 299
-
-
total
22 283
32 299
-
-
Dividends
94 993
137 701
-
-
withholding
13 336
27 215
-
-
total
13 336
27 215
-
-
Income
170 000
170 000
170 000
170 000
Total tax
54 049
59 514
73 167
57 822
After tax
115 951
110 486
96 833
112 178
Living cost
34 294
34 294
34 294
34 294
Free-cash
81 657
76 192
62 539
77 884

Estimated living cost  is ₽34294 per week

₽23526
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3154
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽429
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7184
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽10285
₽69685
-₽8955
₽93480
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
accident
-
-
-
241
health
-
-
-
2 081
income
-
-
-
47 150
pensions
-
-
-
3 969
other
-
-
-
354
total
-
-
-
53 795
Employee
35 748
-
153 179
-
pensions
4 025
-
7 278
-
health
4 093
-
17 539
-
income
4 904
-
35 952
-
total
13 022
-
60 769
-
Employer
35 748
-
153 179
-
pensions
5 812
-
10 510
-
unemployment
876
-
3 753
-
accident
597
-
2 558
-
total
7 285
-
16 821
-
Corporate
126 967
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.

114 271
153 000
-
-
total
114 271
153 000
-
-
Dividends
12 697
17 000
-
-
withholding
2 412
3 230
-
-
total
2 412
3 230
-
-
Income
170 000
170 000
170 000
170 000
Total tax
136 990
156 230
77 590
53 795
After tax
33 010
13 770
92 410
116 205
Living cost
22 725
22 725
22 725
22 725
Free-cash
10 285
-8 955
69 685
93 480

Estimated living cost  is ₽22725 per week

₽16678
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1324
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽458
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4265
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽125911
₽108448
₽130322
₽87719
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
28 089
health insurance
-
-
-
11 156
pensions
-
-
-
27 740
unemployment
-
-
-
1 809
work injury
-
-
-
754
total
-
-
-
69 548
Employee

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

20 374
-
170 000
-
unemployment
244
-
905
-
pensions
3 749
-
13 870
-
work injury
102
-
377
-
income
2 037
-
28 089
-
health insurance
1 508
-
5 578
-
total
7 640
-
48 819
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
149 626
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%.

1 496
1 700
-
-
total
1 496
1 700
-
-
Dividends
148 130
168 300
-
-
withholding
22 220
25 245
-
-
total
22 220
25 245
-
-
Income
170 000
170 000
170 000
170 000
Total tax
31 356
26 945
48 819
69 548
After tax
138 644
143 055
121 181
100 452
Living cost
12 734
12 734
12 734
12 734
Free-cash
125 911
130 322
108 448
87 719

Estimated living cost  is ₽12734 per week

₽7889
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽925
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽397
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3522
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽47687
₽33978
₽51978
₽41441
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
municipal
-
-
-
1 136
regional
-
-
-
3 898
national
-
-
-
42 235
total
-
-
-
90 993
Employee
79 461
-
170 000
-
regional
1 200
-
3 458
-
municipal
474
-
1 015
-
national
13 428
-
36 659
-
social contributions
26 794
-
57 324
-
total
41 896
-
98 456
-
Employer
79 461
-
170 000
-
total
-
-
-
-
Corporate
90 539
170 000
-
-
municipal
4 365
8 194
-
-
nationa
21 729
40 800
-
-
total
26 094
48 994
-
-
Dividends
64 445
121 006
-
-
withholding
16 757
31 462
-
-
total
16 757
31 462
-
-
Income
170 000
170 000
170 000
170 000
Total tax
84 747
80 456
98 456
90 993
After tax
85 253
89 544
71 544
79 007
Living cost
37 566
37 566
37 566
37 566
Free-cash
47 687
51 978
33 978
41 441

Estimated living cost  is ₽37566 per week

₽26387
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2584
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽567
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8026
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Rome model

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