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
₽55630
₽78250
₽58756
₽66631
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
income

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

-
-
-
51 977
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.

-
-
-
2 859
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.

-
-
-
6 794
trade
-
-
-
19 494
total
-
-
-
81 124
Employee

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

38 035
-
170 000
-
surtax

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

59
-
2 859
-
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.

1 062
-
51 977
-
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.

6 794
-
6 794
-
total
7 915
-
61 630
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
131 965
170 000
-
-
income
19 794
25 501
-
-
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.

1 089
1 402
-
-
chamber of commerce
340
394
-
-
trade
20 785
26 774
-
-
total
42 008
54 071
-
-
Dividends
89 958
115 929
-
-
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.

1 215
1 574
-
-
withholding
22 111
28 605
-
-
total
23 326
30 179
-
-
Income
170 000
170 000
170 000
170 000
Total tax
73 249
84 250
61 630
81 124
After tax
96 751
85 750
108 370
88 876
Living cost
30 120
30 120
30 120
30 120
Free-cash
66 631
55 630
78 250
58 756

Estimated living cost  is ₽30120 per week

₽18947
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3512
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.
₽7099
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽53416
₽49195
₽47862
₽52539
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
18 531
national
-
-
-
28 716
pensions
-
-
-
20 400
total
-
-
-
69 474
Employee
81 639
-
146 963
-
municipal
10 084
-
19 189
-
pensions
3 266
-
5 879
-
national
15 626
-
29 736
-
total
28 976
-
54 804
-
Employer
81 639
-
146 963
-
pensions
6 531
-
11 757
-
social contributions
878
-
1 580
-
total
7 409
-
13 337
-
Corporate
75 564
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%.

15 113
34 000
-
-
total
15 113
34 000
-
-
Dividends
60 451
136 000
-
-
withholding
13 299
29 920
-
-
total
13 299
29 920
-
-
Income
170 000
170 000
170 000
170 000
Total tax
64 797
63 920
68 141
69 474
After tax
105 203
106 080
101 859
100 526
Living cost
52 664
52 664
52 664
52 664
Free-cash
52 539
53 416
49 195
47 862

Estimated living cost  is ₽52664 per week

₽35795
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4896
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽788
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽11185
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽115312
₽50051
₽37531
₽107154
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
income
-
-
-
30 329
surtax
-
-
-
43 351
social contributions

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

-
-
-
38 101
microenterprise
-
-
-
-
total
-
-
-
111 781
Employee
29 058
-
127 432
-
surtax
-
-
18 479
-
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.

3 197
-
13 036
-
income
5 173
-
25 179
-
total
8 370
-
56 694
-
Employer
29 058
-
127 432
-
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.

6 999
-
28 550
-
surtax
-
-
14 017
-
total
6 999
-
42 567
-
Corporate
133 943
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%.

26 789
34 000
-
-
total
26 789
34 000
-
-
Dividends

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

107 154
136 000
-
-
total
-
-
-
-
Income
170 000
170 000
170 000
170 000
Total tax
42 158
34 000
99 261
111 781
After tax
127 842
136 000
70 739
58 219
Living cost
20 688
20 688
20 688
20 688
Free-cash
107 154
115 312
50 051
37 531

Estimated living cost  is ₽20688 per week

₽13198
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1970
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽470
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5050
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽42430
₽63994
₽52557
₽36338
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
51 872
health
-
-
-
12 262
pensions
-
-
-
11 651
total
-
-
-
75 785
Employee
84 920
84 920
151 519
-
pensions
15 286
11 651
11 651
-
income

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

13 900
13 900
21 954
-
health
13 034
11 087
12 262
-
total
42 220
36 638
45 867
-
Employer
84 920
84 920
151 519
-
health
5 903
5 903
7 335
-
pensions
5 910
5 910
7 347
-
unemployment
3 057
3 057
3 799
-
total
14 870
14 870
18 481
-
Corporate
71 251
70 209
-
-
income
14 250
14 042
-
-
total
14 250
14 042
-
-
Dividends
57 002
56 167
-
-
income
12 113
11 936
-
-
withholding
8 551
8 426
-
-
total
20 664
20 362
-
-
Income
170 000
170 000
170 000
170 000
Total tax
92 004
85 912
64 348
75 785
After tax
77 996
84 088
105 652
94 215
Living cost
41 658
41 658
41 658
41 658
Free-cash
36 338
42 430
63 994
52 557

Estimated living cost  is ₽41658 per week

₽29522
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3755
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽662
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7718
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽52194
₽46259
₽47245
₽51282
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
178
other
-
-
-
10 346
unemployment
-
-
-
89
health
-
-
-
5 556
municipal
-
-
-
43 002
national
-
-
-
13 333
pensions
-
-
-
9 625
total
-
-
-
82 129
Employee
57 889
-
142 024
-
municipal
17 262
-
42 352
-
national
-
-
12 787
-
total
17 262
-
55 139
-
Employer
57 889
-
142 024
-
health
3 560
-
5 476
-
pensions
6 258
-
9 625
-
accident
116
-
178
-
unemployment
1 528
-
2 351
-
other
6 727
-
10 346
-
total
18 189
-
27 976
-
Corporate
93 923
170 000
-
-
income
20 663
37 400
-
-
total
20 663
37 400
-
-
Dividends
73 260
132 600
-
-
withholding
21 978
39 780
-
-
total
21 978
39 780
-
-
Income
170 000
170 000
170 000
170 000
Total tax
78 092
77 180
83 115
82 129
After tax
91 908
92 820
86 885
87 871
Living cost
40 626
40 626
40 626
40 626
Free-cash
51 282
52 194
46 259
47 245

Estimated living cost  is ₽40626 per week

₽26926
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3987
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽617
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9097
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽45810
₽69305
₽48945
₽59783
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
income

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

-
-
-
51 977
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.

-
-
-
2 859
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.

-
-
-
6 794
trade
-
-
-
20 360
total
-
-
-
81 990
Employee

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

50 429
-
170 000
-
surtax

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

238
-
2 859
-
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.

4 333
-
51 977
-
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.

6 794
-
6 794
-
total
11 365
-
61 630
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
119 571
170 000
-
-
income
17 935
25 501
-
-
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.

987
1 402
-
-
chamber of commerce
321
393
-
-
trade
19 669
27 965
-
-
total
38 912
55 261
-
-
Dividends
80 658
114 740
-
-
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.

1 089
1 557
-
-
withholding
19 786
28 307
-
-
total
20 875
29 864
-
-
Income
170 000
170 000
170 000
170 000
Total tax
71 152
85 125
61 630
81 990
After tax
98 848
84 875
108 370
88 010
Living cost
39 065
39 065
39 065
39 065
Free-cash
59 783
45 810
69 305
48 945

Estimated living cost  is ₽39065 per week

₽26127
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4120
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽583
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8235
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽91780
₽82689
₽84198
₽87654
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
33 123
social contributions
-
-
-
16 090
health
-
-
-
4 335
total
-
-
-
53 548
Employee
76 467
76 467
158 507
-
social contributions
3 716
6 346
8 560
-
income
8 030
7 079
32 309
-
health
761
1 300
2 695
-
total
12 507
14 725
43 564
-
Employer
76 467
76 467
158 507
-
health
828
1 415
2 933
-
social contributions
3 716
6 346
8 560
-
total
4 544
7 761
11 493
-
Corporate
120 696
85 772
-
-
income
15 087
10 721
-
-
total
15 087
10 721
-
-
Dividends
105 608
75 051
-
-
withholding
17 954
12 759
-
-
total
17 954
12 759
-
-
Income
170 000
170 000
170 000
170 000
Total tax
50 092
45 966
55 057
53 548
After tax
119 908
124 034
114 943
116 452
Living cost
32 254
32 254
32 254
32 254
Free-cash
87 654
91 780
82 689
84 198

Estimated living cost  is ₽32254 per week

₽22049
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2519
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.
₽7145
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽77232
₽80271
₽99489
₽77614
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
20 782
unemployment
-
-
-
2 550
health
-
-
-
11 900
pensions
-
-
-
17 000
total
-
-
-
52 232
Employee

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

The minimum wage is 138,000 HUF per month.

26 386
10 501
142 259
-
unemployment
396
158
2 134
-
pensions
2 639
1 050
14 226
-
income
3 226
1 284
17 391
-
health
1 847
735
9 958
-
total
8 108
3 227
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.

26 386
10 501
142 259
-
pensions
5 145
2 048
27 741
-
total
5 145
2 048
27 741
-
Corporate
138 468
157 451
-
-
income
12 462
14 171
-
-
total
12 462
14 171
-
-
Dividends
126 006
143 280
-
-
social contributions
24 451
27 820
-
-
withholding
23 941
27 223
-
-
total
48 392
55 043
-
-
Income
170 000
170 000
170 000
170 000
Total tax
74 107
74 489
71 450
52 232
After tax
95 893
95 511
98 550
117 768
Living cost
18 279
18 279
18 279
18 279
Free-cash
77 614
77 232
80 271
99 489

Estimated living cost  is ₽18279 per week

₽12474
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1496
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽365
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3944
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽111981
₽73967
₽67102
₽105803
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
22 779
health
-
-
-
22 100
pensions
-
-
-
34 000
total
-
-
-
78 879
Employee
28 210
-
127 053
-
unemployment
451
-
2 032
-
pensions
564
-
2 542
-
income
3 176
-
24 497
-
total
4 191
-
29 071
-
Employer
28 210
-
127 053
-
health
3 667
-
16 516
-
pensions
5 642
-
25 410
-
unemployment
226
-
1 017
-
total
9 535
-
42 943
-
Corporate
132 254
170 000
-
-
income
26 452
34 000
-
-
total
26 452
34 000
-
-
Dividends
105 802
136 000
-
-
total
-
-
-
-
Income
170 000
170 000
170 000
170 000
Total tax
40 178
34 000
72 014
78 879
After tax
129 822
136 000
97 986
91 121
Living cost
24 019
24 019
24 019
24 019
Free-cash
105 803
111 981
73 967
67 102

Estimated living cost  is ₽24019 per week

₽16475
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1430
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.
₽5631
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽8346
₽69976
₽94122
₽10379
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
254
income
-
-
-
46 760
other
-
-
-
373
health
-
-
-
2 192
pensions
-
-
-
4 183
total
-
-
-
53 762
Employee
34 790
-
152 636
-
pensions
3 917
-
7 670
-
income
4 773
-
35 397
-
health
3 983
-
17 477
-
total
12 673
-
60 544
-
Employer
34 790
-
152 636
-
pensions
5 657
-
11 075
-
accident
581
-
2 549
-
unemployment
852
-
3 740
-
total
7 090
-
17 364
-
Corporate
128 120
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.

115 308
153 000
-
-
total
115 308
153 000
-
-
Dividends
12 812
17 000
-
-
withholding
2 434
3 230
-
-
total
2 434
3 230
-
-
Income
170 000
170 000
170 000
170 000
Total tax
137 505
156 230
77 908
53 762
After tax
32 495
13 770
92 092
116 238
Living cost
22 116
22 116
22 116
22 116
Free-cash
10 379
-8 346
69 976
94 122

Estimated living cost  is ₽22116 per week

₽16209
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1225
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽462
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4220
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

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

Source of data for Gdansk model

Close
Batumi , Georgia
₽153431
₽127931
₽160231
₽151918
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
10 085
-
170 000
-
income
2 017
-
34 000
-
total
2 017
-
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%.

159 915
170 000
-
-
total
-
-
-
-
Dividends
159 915
170 000
-
-
withholding
7 996
8 500
-
-
total
7 996
8 500
-
-
Income
170 000
170 000
170 000
170 000
Total tax
10 013
8 500
34 000
1 700
After tax
159 987
161 500
136 000
168 300
Living cost
8 069
8 069
8 069
8 069
Free-cash
151 918
153 431
127 931
160 231

Estimated living cost  is ₽8069 per week

₽5000
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽671
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽222
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2176
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽98401
₽69974
₽67615
₽91687
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
25 759
other
-
-
-
7 182
health
-
-
-
6 654
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.

-
-
-
36 293
total
-
-
-
75 888
Employee
36 107
-
135 781
-
unemployment
360
-
1 359
-
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.

2 527
-
9 505
-
income
6 216
-
26 546
-
health
506
-
1 900
-
total
9 609
-
39 310
-
Employer
36 107
-
135 781
-
health
506
-
1 900
-
pensions

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

6 139
-
23 083
-
accident
289
-
1 087
-
unemployment
360
-
1 359
-
other
1 806
-
6 790
-
total
9 100
-
34 219
-
Corporate
124 794
170 000
-
-
income
26 206
35 700
-
-
total
26 206
35 700
-
-
Dividends
98 587
134 300
-
-
withholding
6 901
9 402
-
-
total
6 901
9 402
-
-
Income
170 000
170 000
170 000
170 000
Total tax
51 816
45 102
73 529
75 888
After tax
118 184
124 898
96 471
94 112
Living cost
26 497
26 497
26 497
26 497
Free-cash
91 687
98 401
69 974
67 615

Estimated living cost  is ₽26497 per week

₽18722
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1789
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽426
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5559
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽45763
₽31695
₽47098
₽47937
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
48 207
pensions
-
-
-
8 794
total
-
-
-
57 001
Employee
93 240
-
148 535
-
pensions
8 995
-
10 842
-
income
16 807
-
37 934
-
health
1 536
-
2 168
-
total
27 338
-
50 944
-
Employer
93 240
-
148 535
-
health
1 771
-
2 821
-
pensions
11 009
-
18 639
-
total
12 780
-
21 460
-
Corporate
63 980
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.

12 157
32 300
-
-
total
12 157
32 300
-
-
Dividends
51 823
137 700
-
-
withholding
3 887
26 036
-
-
total
3 887
26 036
-
-
Income
170 000
170 000
170 000
170 000
Total tax
56 162
58 336
72 404
57 001
After tax
113 838
111 664
97 596
112 999
Living cost
65 901
65 901
65 901
65 901
Free-cash
47 937
45 763
31 695
47 098

Estimated living cost  is ₽65901 per week

₽49381
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽7743
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽536
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8242
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽132312
₽128798
₽122188
₽127693
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
25 500
unemployment
-
-
-
139
health
-
-
-
3 994
pensions

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

-
-
-
5 141
total
-
-
-
34 774
Employee
17 264
-
163 185
-
accident

We are using the highest rate at 1.1%.

190
-
382
-
pensions

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

1 516
-
3 050
-
income
1 726
-
16 319
-
health
794
-
1 598
-
total
4 226
-
21 349
-
Employer
17 264
-
163 185
-
health
1 192
-
2 397
-
pensions

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

1 903
-
3 828
-
accident

We are using the highest rate at 1.1%.

190
-
382
-
unemployment
103
-
208
-
total
3 388
-
6 815
-
Corporate
149 348
170 000
-
-
income
14 935
17 000
-
-
total
14 935
17 000
-
-
Dividends
134 413
153 000
-
-
withholding
6 720
7 650
-
-
total
6 720
7 650
-
-
Income
170 000
170 000
170 000
170 000
Total tax
29 269
24 650
28 164
34 774
After tax
140 731
145 350
141 836
135 226
Living cost
13 038
13 038
13 038
13 038
Free-cash
127 693
132 312
128 798
122 188

Estimated living cost  is ₽13038 per week

₽7612
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽931
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽345
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4150
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽28945
₽50509
₽39072
₽31448
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
51 872
health
-
-
-
12 262
pensions
-
-
-
11 651
total
-
-
-
75 785
Employee
92 196
84 920
151 519
-
pensions
11 651
11 651
11 651
-
income

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

13 900
13 900
21 954
-
health
11 502
11 087
12 262
-
total
37 053
36 638
45 867
-
Employer
92 196
84 920
151 519
-
health
6 407
5 903
7 335
-
pensions
6 416
5 910
7 347
-
unemployment
3 319
3 057
3 799
-
total
16 142
14 870
18 481
-
Corporate
61 662
70 209
-
-
income
12 332
14 042
-
-
total
12 332
14 042
-
-
Dividends
49 329
56 167
-
-
income
10 483
11 936
-
-
withholding
7 399
8 426
-
-
total
17 882
20 362
-
-
Income
170 000
170 000
170 000
170 000
Total tax
83 409
85 912
64 348
75 785
After tax
86 591
84 088
105 652
94 215
Living cost
55 143
55 143
55 143
55 143
Free-cash
31 448
28 945
50 509
39 072

Estimated living cost  is ₽55143 per week

₽40677
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4925
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽632
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8909
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽92324
₽62677
₽70035
₽83506
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
16 722
social contributions
-
-
-
35 572
solidarity contribution
-
-
-
-
health
-
-
-
22 950
total
-
-
-
75 244
Employee
36 354
-
128 022
-
solidarity contribution
-
-
-
-
social contributions
2 363
-
7 918
-
income
4 362
-
15 423
-
health
4 908
-
17 283
-
total
11 633
-
40 624
-
Employer
36 354
-
128 022
-
health
3 272
-
11 522
-
social contributions
9 088
-
30 456
-
total
12 360
-
41 978
-
Corporate
121 286
170 000
-
-
income
23 044
32 300
-
-
total
23 044
32 300
-
-
Dividends
98 242
137 700
-
-
withholding
14 736
20 655
-
-
total
14 736
20 655
-
-
Income
170 000
170 000
170 000
170 000
Total tax
61 773
52 955
82 602
75 244
After tax
108 227
117 045
87 398
94 756
Living cost
24 721
24 721
24 721
24 721
Free-cash
83 506
92 324
62 677
70 035

Estimated living cost  is ₽24721 per week

₽17171
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1759
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽486
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5305
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽48743
₽31909
₽39589
₽43549
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
regional
-
-
-
2 001
municipal
-
-
-
1 010
national
-
-
-
41 715
total
-
-
-
88 450
Employee
88 379
-
170 000
-
municipal
468
-
902
-
national
15 314
-
36 138
-
regional
834
-
1 765
-
social contributions
29 801
-
57 325
-
total
46 417
-
96 130
-
Employer
88 379
-
170 000
-
total
-
-
-
-
Corporate
81 621
170 000
-
-
municipal
3 184
6 629
-
-
nationa
19 588
40 799
-
-
total
22 772
47 428
-
-
Dividends
58 850
122 571
-
-
withholding
15 301
31 868
-
-
total
15 301
31 868
-
-
Income
170 000
170 000
170 000
170 000
Total tax
84 490
79 296
96 130
88 450
After tax
85 510
90 704
73 870
81 550
Living cost
41 961
41 961
41 961
41 961
Free-cash
43 549
48 743
31 909
39 589

Estimated living cost  is ₽41961 per week

₽29250
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2751
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽644
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9315
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽84987
₽52459
₽58570
₽81889
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
46 249
other
-
-
-
-
surtax
-
-
-
7 045
unemployment
-
-
-
226
health
-
-
-
9 422
pensions
-
-
-
26 544
total
-
-
-
89 486
Employee
32 885
-
142 063
-
other
-
-
-
-
unemployment
2 289
-
9 237
-
pensions
2 193
-
8 852
-
surtax
108
-
5 886
-
income
5 512
-
40 301
-
health
840
-
3 384
-
total
10 942
-
67 660
-
Employer
32 885
-
142 063
-
health
1 496
-
6 039
-
pensions
4 384
-
17 692
-
unemployment
1 042
-
4 206
-
other
-
-
-
-
total
6 922
-
27 937
-
Corporate
130 193
170 000
-
-
income
33 851
44 200
-
-
total
33 851
44 200
-
-
Dividends
96 342
125 800
-
-
withholding
14 452
18 869
-
-
total
14 452
18 869
-
-
Income
170 000
170 000
170 000
170 000
Total tax
66 167
63 069
95 597
89 486
After tax
103 833
106 931
74 403
80 514
Living cost
21 944
21 944
21 944
21 944
Free-cash
81 889
84 987
52 459
58 570

Estimated living cost  is ₽21944 per week

₽13417
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2025
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽506
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5995
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽66642
₽52574
₽67977
₽73153
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
48 207
pensions
-
-
-
8 794
total
-
-
-
57 001
Employee
62 487
-
148 535
-
pensions
5 304
-
10 842
-
income
11 254
-
37 934
-
health
907
-
2 168
-
total
17 465
-
50 944
-
Employer
62 487
-
148 535
-
health
1 187
-
2 821
-
pensions
6 764
-
18 639
-
total
7 951
-
21 460
-
Corporate
99 562
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.

18 917
32 300
-
-
total
18 917
32 300
-
-
Dividends
80 645
137 700
-
-
withholding
7 492
26 036
-
-
total
7 492
26 036
-
-
Income
170 000
170 000
170 000
170 000
Total tax
51 825
58 336
72 404
57 001
After tax
118 175
111 664
97 596
112 999
Living cost
45 022
45 022
45 022
45 022
Free-cash
73 153
66 642
52 574
67 977

Estimated living cost  is ₽45022 per week

₽33730
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3375
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽471
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7446
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽898
₽51494
₽59602
₽32745
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
170 000
other

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

-
-
-
3 399
regional
-
-
-
8 091
health
-
-
-
382
city
-
-
-
1 791
national
-
-
-
2 460
pensions
-
-
-
15 640
total
-
-
-
31 763
Employee
92 023
-
152 159
-
unemployment
-
-
-
-
pensions
7 731
-
12 780
-
national
436
-
1 945
-
regional
3 013
-
7 002
-
city
988
-
1 634
-
health
208
-
343
-
total
12 376
-
23 704
-
Employer
92 023
-
152 159
-
health
208
-
343
-
pensions
7 731
-
12 780
-
unemployment
-
-
-
-
other

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

1 840
-
3 044
-
total
9 779
-
16 167
-
Corporate
67 186
170 000
-
-
regional
14 210
35 956
-
-
national
5 712
14 450
-
-
total
19 922
50 406
-
-
Dividends
47 264
119 594
-
-
withholding
16 543
41 857
-
-
total
16 543
41 857
-
-
Income
170 000
170 000
170 000
170 000
Total tax
58 620
92 263
39 871
31 763
After tax
111 380
77 737
130 129
138 237
Living cost
78 635
78 635
78 635
78 635
Free-cash
32 745
-898
51 494
59 602

Estimated living cost  is ₽78635 per week

₽51135
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽7057
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽965
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽19477
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽38445
₽62815
₽41589
₽54571
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
income

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

-
-
-
51 977
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.

-
-
-
2 859
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.

-
-
-
6 794
trade
-
-
-
21 226
total
-
-
-
82 856
Employee

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

59 763
-
170 000
-
surtax

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

387
-
2 859
-
income

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

7 028
-
51 977
-
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.

6 794
-
6 794
-
total
14 209
-
61 630
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
110 237
170 000
-
-
income
16 535
25 501
-
-
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.

910
1 402
-
-
chamber of commerce
306
391
-
-
trade
18 905
29 156
-
-
total
36 656
56 450
-
-
Dividends
73 581
113 551
-
-
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.

991
1 540
-
-
withholding
18 018
28 010
-
-
total
19 009
29 550
-
-
Income
170 000
170 000
170 000
170 000
Total tax
69 874
86 000
61 630
82 856
After tax
100 126
84 000
108 370
87 144
Living cost
45 555
45 555
45 555
45 555
Free-cash
54 571
38 445
62 815
41 589

Estimated living cost  is ₽45555 per week

₽33272
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3644
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽593
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8049
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽51656
₽59963
₽61858
₽57530
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
26 170
other
-
-
-
5 271
surtax
-
-
-
-
social contributions
-
-
-
4 844
health
-
-
-
7 028
pensions
-
-
-
30 806
total
-
-
-
74 119
Employee
42 560
-
132 016
-
pensions
4 812
-
8 994
-
surtax
-
-
-
-
social contributions
1 213
-
3 763
-
income
2 512
-
25 275
-
total
8 537
-
38 032
-
Employer
42 560
-
132 016
-
health
2 980
-
11 994
-
pensions
6 992
-
15 175
-
unemployment
1 723
-
5 346
-
social contributions
128
-
396
-
other
1 468
-
5 071
-
total
13 291
-
37 982
-
Corporate
114 149
170 000
-
-
income
31 962
47 601
-
-
surtax
-
-
-
-
total
31 962
47 601
-
-
Dividends
82 187
122 399
-
-
surtax
-
-
-
-
social contributions
14 136
21 053
-
-
withholding
10 521
15 667
-
-
total
24 657
36 720
-
-
Income
170 000
170 000
170 000
170 000
Total tax
78 447
84 321
76 014
74 119
After tax
91 553
85 679
93 986
95 881
Living cost
34 023
34 023
34 023
34 023
Free-cash
57 530
51 656
59 963
61 858

Estimated living cost  is ₽34023 per week

₽21453
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2767
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽579
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9226
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽55027
₽63334
₽65229
₽60552
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
26 170
other
-
-
-
5 271
surtax
-
-
-
-
social contributions
-
-
-
4 844
health
-
-
-
7 028
pensions
-
-
-
30 806
total
-
-
-
74 119
Employee
37 991
-
132 016
-
pensions
4 297
-
8 994
-
surtax
-
-
-
-
social contributions
1 083
-
3 763
-
income
1 959
-
25 275
-
total
7 339
-
38 032
-
Employer
37 991
-
132 016
-
health
2 659
-
11 994
-
pensions
6 243
-
15 175
-
unemployment
1 538
-
5 346
-
social contributions
113
-
396
-
other
1 312
-
5 071
-
total
11 865
-
37 982
-
Corporate
120 145
170 000
-
-
income
33 640
47 601
-
-
surtax
-
-
-
-
total
33 640
47 601
-
-
Dividends
86 505
122 399
-
-
surtax
-
-
-
-
social contributions
14 878
21 053
-
-
withholding
11 074
15 667
-
-
total
25 952
36 720
-
-
Income
170 000
170 000
170 000
170 000
Total tax
78 796
84 321
76 014
74 119
After tax
91 204
85 679
93 986
95 881
Living cost
30 652
30 652
30 652
30 652
Free-cash
60 552
55 027
63 334
65 229

Estimated living cost  is ₽30652 per week

₽17777
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3114
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽581
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9181
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽82627
₽84732
₽88085
₽83144
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
25 501
social contributions
-
-
-
23 461
health
-
-
-
11 866
total
-
-
-
60 828
Employee
33 717
-
170 000
-
social contributions
4 654
-
23 461
-
income
5 624
-
28 854
-
health
2 353
-
11 866
-
total
12 631
-
64 181
-
Employer
33 717
-
170 000
-
total
-
-
-
-
Corporate
136 283
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%.

6 814
8 500
-
-
total
6 814
8 500
-
-
Dividends
129 469
161 500
-
-
social contributions
17 867
22 287
-
-
withholding
19 420
24 225
-
-
health
9 037
11 274
-
-
total
46 324
57 786
-
-
Income
170 000
170 000
170 000
170 000
Total tax
65 769
66 286
64 181
60 828
After tax
104 231
103 714
105 819
109 172
Living cost
21 087
21 087
21 087
21 087
Free-cash
83 144
82 627
84 732
88 085

Estimated living cost  is ₽21087 per week

₽14112
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1300
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽485
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5188
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽59071
₽10093
₽52200
₽57530
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
45 408
surtax
-
-
-
196
unemployment
-
-
-
6 099
chamber of commerce
-
-
-
679
health
-
-
-
8 886
pensions
-
-
-
21 492
total
-
-
-
82 760
Employee
49 697
39 629
134 996
-
other
496
396
1 162
-
unemployment
1 491
1 189
3 486
-
pensions
5 090
4 057
11 896
-
income
5 658
2 923
36 017
-
health
1 923
1 534
4 495
-
total
14 658
10 099
57 056
-
Employer
49 697
39 629
134 996
-
chamber of commerce
198
159
540
-
health
1 878
1 498
4 391
-
pensions
6 237
4 974
14 580
-
accident
645
515
1 510
-
unemployment
1 491
1 189
3 486
-
surtax
196
196
196
-
payroll
1 491
1 189
4 050
-
other
2 361
1 881
6 252
-
total
14 497
11 601
35 005
-
Corporate
105 806
118 769
131 222
-
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.

26 452
29 692
32 806
-
total
26 452
29 692
32 806
-
Dividends
79 354
89 077
-
-
withholding
21 823
24 497
-
-
total
21 823
24 497
-
-
Income
170 000
170 000
170 000
170 000
Total tax
77 430
75 889
124 867
82 760
After tax
92 570
94 111
45 133
87 240
Living cost
35 040
35 040
35 040
35 040
Free-cash
57 530
59 071
10 093
52 200

Estimated living cost  is ₽35040 per week

₽23370
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2989
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.
₽8105
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽58830
₽23884
₽37410
₽43912
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
communal

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

-
-
-
8 713
social contributions
-
-
-
24 793
national
-
-
-
62 826
total
-
-
-
96 332
Employee

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

71 132
-
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.

619
-
1 145
-
communal

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

3 710
-
6 867
-
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.

5 335
-
9 875
-
national
21 869
-
47 453
-
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.

3 342
-
6 188
-
total
34 875
-
71 528
-
Employer

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

71 132
-
131 671
-
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.

4 374
-
8 098
-
pensions

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

6 303
-
11 666
-
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.

925
-
1 712
-
unemployment

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

1 038
-
1 923
-
surtax
8 066
-
14 931
-
total
20 706
-
38 330
-
Corporate
78 163
170 000
-
-
income
15 633
34 000
-
-
surtax
313
679
-
-
total
15 946
34 679
-
-
Dividends
62 216
135 321
-
-
withholding

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

18 303
40 233
-
-
total
18 303
40 233
-
-
Income
170 000
170 000
170 000
170 000
Total tax
89 830
74 912
109 858
96 332
After tax
80 170
95 088
60 142
73 668
Living cost
36 258
36 258
36 258
36 258
Free-cash
43 912
58 830
23 884
37 410

Estimated living cost  is ₽36258 per week

₽23355
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3170
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽568
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9166
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽77466
₽55375
₽59550
₽70549
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
830
income
-
-
-
46 886
other
-
-
-
92
unemployment
-
-
-
645
pensions
-
-
-
26 084
total
-
-
-
74 537
Employee
49 500
-
140 616
-
other
49
-
92
-
unemployment
768
-
1 429
-
pensions
2 327
-
4 333
-
income
10 444
-
43 473
-
total
13 588
-
49 327
-
Employer
49 500
-
140 616
-
pensions
11 681
-
21 753
-
accident
979
-
1 825
-
unemployment
2 723
-
5 069
-
other
394
-
738
-
total
15 777
-
29 385
-
Corporate
104 722
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.

15 708
25 501
-
-
total
15 708
25 501
-
-
Dividends
89 013
144 499
-
-
withholding
18 465
31 120
-
-
total
18 465
31 120
-
-
Income
170 000
170 000
170 000
170 000
Total tax
63 538
56 621
78 712
74 537
After tax
106 462
113 379
91 288
95 463
Living cost
35 913
35 913
35 913
35 913
Free-cash
70 549
77 466
55 375
59 550

Estimated living cost  is ₽35913 per week

₽26446
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2548
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽517
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6401
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽45731
₽37366
₽30586
₽33264
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
communal
-
-
-
10 743
accident
-
-
-
1 434
income
-
-
-
27 342
surtax
-
-
-
8 428
health
-
-
-
11 944
pensions
-
-
-
25 482
total
-
-
-
85 373
Employee
75 307
-
151 854
-
pensions
6 024
-
12 147
-
surtax
4 616
-
9 307
-
income
7 274
-
32 237
-
health
3 352
-
6 758
-
total
21 266
-
60 449
-
Employer
75 307
-
151 854
-
health
2 297
-
4 631
-
pensions
6 024
-
12 147
-
accident
677
-
1 366
-
total
8 998
-
18 144
-
Corporate
85 695
170 000
-
-
communal
5 784
11 476
-
-
income
12 855
25 501
-
-
surtax
900
1 785
-
-
total
19 539
38 762
-
-
Dividends
66 156
131 239
-
-
income
22 970
11 780
-
-
withholding
9 922
19 686
-
-
total
32 892
31 466
-
-
Income
170 000
170 000
170 000
170 000
Total tax
82 695
70 228
78 593
85 373
After tax
87 305
99 772
91 407
84 627
Living cost
54 041
54 041
54 041
54 041
Free-cash
33 264
45 731
37 366
30 586

Estimated living cost  is ₽54041 per week

₽40539
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3274
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽572
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9654
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽84595
₽52067
₽58178
₽81431
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
46 249
other
-
-
-
-
surtax
-
-
-
7 045
unemployment
-
-
-
226
health
-
-
-
9 422
pensions
-
-
-
26 544
total
-
-
-
89 486
Employee
33 489
-
142 063
-
other
-
-
-
-
unemployment
2 331
-
9 237
-
pensions
2 234
-
8 852
-
surtax
119
-
5 886
-
income
5 614
-
40 301
-
health
855
-
3 384
-
total
11 153
-
67 660
-
Employer
33 489
-
142 063
-
health
1 523
-
6 039
-
pensions
4 465
-
17 692
-
unemployment
1 062
-
4 206
-
other
-
-
-
-
total
7 050
-
27 937
-
Corporate
129 461
170 000
-
-
income
33 660
44 200
-
-
total
33 660
44 200
-
-
Dividends
95 800
125 800
-
-
withholding
14 370
18 869
-
-
total
14 370
18 869
-
-
Income
170 000
170 000
170 000
170 000
Total tax
66 233
63 069
95 597
89 486
After tax
103 767
106 931
74 403
80 514
Living cost
22 336
22 336
22 336
22 336
Free-cash
81 431
84 595
52 067
58 178

Estimated living cost  is ₽22336 per week

₽13485
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1942
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽519
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6392
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽62568
₽46559
₽54199
₽60361
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
regional
-
-
-
2 564
municipal
-
-
-
1 010
national
-
-
-
41 715
total
-
-
-
89 013
Employee
55 162
-
170 000
-
municipal
293
-
902
-
national
8 739
-
36 138
-
regional
743
-
2 288
-
social contributions
18 601
-
57 325
-
total
28 376
-
96 653
-
Employer
55 162
-
170 000
-
total
-
-
-
-
Corporate
114 838
170 000
-
-
municipal
5 707
8 449
-
-
nationa
27 561
40 799
-
-
total
33 268
49 248
-
-
Dividends
81 570
120 752
-
-
withholding
21 207
31 396
-
-
total
21 207
31 396
-
-
Income
170 000
170 000
170 000
170 000
Total tax
82 851
80 644
96 653
89 013
After tax
87 149
89 356
73 347
80 987
Living cost
26 788
26 788
26 788
26 788
Free-cash
60 361
62 568
46 559
54 199

Estimated living cost  is ₽26788 per week

₽16659
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2714
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽459
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6956
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽86583
₽56936
₽64294
₽75714
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
16 722
social contributions
-
-
-
35 572
solidarity contribution
-
-
-
-
health
-
-
-
22 950
total
-
-
-
75 244
Employee
44 798
-
128 022
-
solidarity contribution
-
-
-
-
social contributions
2 912
-
7 918
-
income
5 376
-
15 423
-
health
6 048
-
17 283
-
total
14 336
-
40 624
-
Employer
44 798
-
128 022
-
health
4 032
-
11 522
-
social contributions
11 199
-
30 456
-
total
15 231
-
41 978
-
Corporate
109 971
170 000
-
-
income
20 895
32 300
-
-
total
20 895
32 300
-
-
Dividends
89 077
137 700
-
-
withholding
13 362
20 655
-
-
total
13 362
20 655
-
-
Income
170 000
170 000
170 000
170 000
Total tax
63 824
52 955
82 602
75 244
After tax
106 176
117 045
87 398
94 756
Living cost
30 462
30 462
30 462
30 462
Free-cash
75 714
86 583
56 936
64 294

Estimated living cost  is ₽30462 per week

₽22654
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1688
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽527
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5594
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽62493
₽13456
₽55710
₽61998
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
45 408
surtax
-
-
-
-
unemployment
-
-
-
6 099
chamber of commerce
-
-
-
679
health
-
-
-
8 886
pensions
-
-
-
21 492
total
-
-
-
82 564
Employee
43 469
39 629
135 177
-
other
434
396
1 162
-
unemployment
1 304
1 189
3 486
-
pensions
4 452
4 057
11 896
-
income
3 872
2 923
36 104
-
health
1 681
1 534
4 495
-
total
11 743
10 099
57 143
-
Employer
43 469
39 629
135 177
-
chamber of commerce
174
159
542
-
health
1 644
1 498
4 391
-
pensions
5 456
4 974
14 580
-
accident
564
515
1 510
-
unemployment
1 304
1 189
3 486
-
surtax
-
-
-
-
payroll
1 304
1 189
4 055
-
other
2 065
1 881
6 260
-
total
12 511
11 405
34 824
-
Corporate
114 021
118 965
131 403
-
income

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

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

28 505
29 741
32 851
-
total
28 505
29 741
32 851
-
Dividends
85 516
89 224
-
-
withholding
23 517
24 536
-
-
total
23 517
24 536
-
-
Income
170 000
170 000
170 000
170 000
Total tax
76 276
75 781
124 818
82 564
After tax
93 724
94 219
45 182
87 436
Living cost
31 726
31 726
31 726
31 726
Free-cash
61 998
62 493
13 456
55 710

Estimated living cost  is ₽31726 per week

₽19032
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3240
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽566
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8888
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽148927
₽123427
₽155727
₽146569
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
15 717
-
170 000
-
income
3 144
-
34 000
-
total
3 144
-
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%.

154 283
170 000
-
-
total
-
-
-
-
Dividends
154 283
170 000
-
-
withholding
7 714
8 500
-
-
total
7 714
8 500
-
-
Income
170 000
170 000
170 000
170 000
Total tax
10 858
8 500
34 000
1 700
After tax
159 142
161 500
136 000
168 300
Living cost
12 573
12 573
12 573
12 573
Free-cash
146 569
148 927
123 427
155 727

Estimated living cost  is ₽12573 per week

₽8509
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽528
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽422
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3115
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽90373
₽52115
₽56618
₽82057
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
income
-
-
-
38 680
unemployment
-
-
-
255
health
-
-
-
16 727
pensions
-
-
-
31 047
total
-
-
-
86 709
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.

43 974
-
147 098
-
unemployment
62
-
206
-
pensions
6 816
-
22 800
-
income
7 583
-
35 800
-
health
2 840
-
9 504
-
total
17 301
-
68 310
-
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.

43 974
-
147 098
-
health
2 929
-
9 796
-
pensions
3 891
-
13 017
-
unemployment
26
-
89
-
total
6 846
-
22 902
-
Corporate
119 180
170 000
-
-
income
22 643
32 300
-
-
total
22 643
32 300
-
-
Dividends
96 536
137 700
-
-
withholding
14 480
20 654
-
-
total
14 480
20 654
-
-
Income
170 000
170 000
170 000
170 000
Total tax
61 270
52 954
91 212
86 709
After tax
108 730
117 046
78 788
83 291
Living cost
26 673
26 673
26 673
26 673
Free-cash
82 057
90 373
52 115
56 618

Estimated living cost  is ₽26673 per week

₽18305
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1710
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽517
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6143
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽60121
₽113489
₽74177
₽12380
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
33 136
social contributions
-
-
-
19 380
total
-
-
-
52 516
Employee
62 096
-
-
-
social contributions
5 092
-
726
-
income
13 697
-
-
-
total
18 789
-
726
-
Employer
62 096
-
-
-
social contributions
87 555
-
12 478
-
total
87 555
-
12 478
-
Corporate
20 349
170 000
-
-
income
4 477
37 400
-
-
total
4 477
37 400
-
-
Dividends
15 872
132 600
-
-
income
3 492
29 172
-
-
total
3 492
29 172
-
-
Income
170 000
170 000
170 000
170 000
Total tax
114 313
66 572
13 204
52 516
After tax
55 687
103 428
156 796
117 484
Living cost
43 307
43 307
43 307
43 307
Free-cash
12 380
60 121
113 489
74 177

Estimated living cost  is ₽43307 per week

₽28099
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4073
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽552
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10583
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽65503
₽47294
₽60093
₽64504
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
income
-
-
-
19 641
surtax
-
-
-
-
social contributions

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

-
-
-
59 074
total
-
-
-
78 715
Employee
45 736
-
137 374
-
surtax
-
-
-
-
social contributions
5 031
-
15 112
-
income
9 513
-
43 776
-
total
14 544
-
58 888
-
Employer
45 736
-
137 374
-
social contributions
10 862
-
32 626
-
total
10 862
-
32 626
-
Corporate
113 402
170 000
-
-
income
23 813
35 700
-
-
surtax
-
-
-
-
total
23 813
35 700
-
-
Dividends
89 588
134 300
-
-
withholding
25 085
37 605
-
-
total
25 085
37 605
-
-
Income
170 000
170 000
170 000
170 000
Total tax
74 304
73 305
91 514
78 715
After tax
95 696
96 695
78 486
91 285
Living cost
31 192
31 192
31 192
31 192
Free-cash
64 504
65 503
47 294
60 093

Estimated living cost  is ₽31192 per week

₽23338
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1840
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽521
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5493
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Lisbon model

Close
Paris , France
₽37649
₽45956
₽47851
₽44486
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
26 170
other
-
-
-
5 271
surtax
-
-
-
-
social contributions
-
-
-
4 844
health
-
-
-
7 028
pensions
-
-
-
30 806
total
-
-
-
74 119
Employee
62 283
-
132 016
-
pensions
7 045
-
8 994
-
surtax
-
-
-
-
social contributions
1 774
-
3 763
-
income
5 434
-
25 275
-
total
14 253
-
38 032
-
Employer
62 283
-
132 016
-
health
4 359
-
11 994
-
pensions
10 234
-
15 175
-
unemployment
2 523
-
5 346
-
social contributions
187
-
396
-
other
2 149
-
5 071
-
total
19 452
-
37 982
-
Corporate
88 265
170 000
-
-
income
24 714
47 601
-
-
surtax
-
-
-
-
total
24 714
47 601
-
-
Dividends
63 551
122 399
-
-
surtax
-
-
-
-
social contributions
10 930
21 053
-
-
withholding
8 135
15 667
-
-
total
19 065
36 720
-
-
Income
170 000
170 000
170 000
170 000
Total tax
77 484
84 321
76 014
74 119
After tax
92 516
85 679
93 986
95 881
Living cost
48 030
48 030
48 030
48 030
Free-cash
44 486
37 649
45 956
47 851

Estimated living cost  is ₽48030 per week

₽32506
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3929
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽659
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10936
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽123109
₽100003
₽95487
₽119766
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
170 000
income
-
-
-
7 222
social contributions
-
-
-
37 399
total
-
-
-
44 621
Employee
31 970
-
147 185
-
income
-
-
7 722
-
social contributions
2 078
-
9 568
-
total
2 078
-
17 290
-
Employer
31 970
-
147 185
-
social contributions
4 956
-
22 815
-
total
4 956
-
22 815
-
Corporate
133 075
170 000
-
-
income
13 308
16 999
-
-
total
13 308
16 999
-
-
Dividends
119 767
153 001
-
-
total
-
-
-
-
Income
170 000
170 000
170 000
170 000
Total tax
20 342
16 999
40 105
44 621
After tax
149 658
153 001
129 895
125 379
Living cost
29 892
29 892
29 892
29 892
Free-cash
119 766
123 109
100 003
95 487

Estimated living cost  is ₽29892 per week

₽19328
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2253
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.
₽7748
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽46566
-₽46566
₽52686
-₽46566
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
170 000
labour market
-
-
-
13 531
municipal
-
-
-
35 261
national
-
-
-
19 790
pensions
-
-
-
862
total
-
-
-
69 444
Employee
202 050
202 050
202 050
-
municipal
43 025
43 025
43 025
-
labour market
16 141
16 141
16 141
-
pensions
287
287
287
-
national
24 684
24 684
24 684
-
total
84 137
84 137
84 137
-
Employer
202 050
202 050
202 050
-
national
24 727
24 727
24 727
-
labour market
16 164
16 164
16 164
-
pensions
574
574
574
-
municipal
43 094
43 094
43 094
-
total
84 559
84 559
84 559
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
170 000
170 000
170 000
170 000
Total tax
168 696
168 696
168 696
69 444
After tax
1 304
1 304
1 304
100 556
Living cost
47 870
47 870
47 870
47 870
Free-cash
-46 566
-46 566
-46 566
52 686

Estimated living cost  is ₽47870 per week

₽32763
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4235
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽736
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10136
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽8020
₽70302
₽94448
₽10429
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
254
income
-
-
-
46 760
other
-
-
-
373
health
-
-
-
2 192
pensions
-
-
-
4 183
total
-
-
-
53 762
Employee
34 277
-
152 636
-
pensions
3 860
-
7 670
-
income
4 702
-
35 397
-
health
3 925
-
17 477
-
total
12 487
-
60 544
-
Employer
34 277
-
152 636
-
pensions
5 573
-
11 075
-
accident
572
-
2 549
-
unemployment
840
-
3 740
-
total
6 985
-
17 364
-
Corporate
128 737
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.

115 863
153 000
-
-
total
115 863
153 000
-
-
Dividends
12 874
17 000
-
-
withholding
2 446
3 230
-
-
total
2 446
3 230
-
-
Income
170 000
170 000
170 000
170 000
Total tax
137 781
156 230
77 908
53 762
After tax
32 219
13 770
92 092
116 238
Living cost
21 790
21 790
21 790
21 790
Free-cash
10 429
-8 020
70 302
94 448

Estimated living cost  is ₽21790 per week

₽15861
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1242
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽409
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4278
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽68667
₽51331
₽72220
₽71043
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
2 202
municipal
-
-
-
30 203
national
-
-
-
27 196
total
-
-
-
59 601
Employee
52 319
-
143 012
-
municipal
8 569
-
23 296
-
unemployment
785
-
2 146
-
pensions
3 531
-
9 653
-
national
864
-
16 621
-
health
391
-
1 787
-
total
14 140
-
53 503
-
Employer
52 319
-
143 012
-
health
402
-
1 102
-
pensions
9 077
-
24 812
-
accident
53
-
143
-
unemployment
340
-
930
-
total
9 872
-
26 987
-
Corporate
107 810
170 000
-
-
income
21 562
34 000
-
-
total
21 562
34 000
-
-
Dividends

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

64 686
102 000
-
-
municipal
11 643
18 360
-
-
national
3 561
10 794
-
-
total
15 204
29 154
-
-
Income
170 000
170 000
170 000
170 000
Total tax
60 778
63 154
80 490
59 601
After tax
109 222
106 846
89 510
110 399
Living cost
38 179
38 179
38 179
38 179
Free-cash
71 043
68 667
51 331
72 220

Estimated living cost  is ₽38179 per week

₽24938
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3672
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽608
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8962
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽101010
₽91919
₽93428
₽95596
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
33 123
social contributions
-
-
-
16 090
health
-
-
-
4 335
total
-
-
-
53 548
Employee
76 467
76 467
158 507
-
social contributions
2 891
6 346
8 560
-
income
8 326
7 079
32 309
-
health
593
1 300
2 695
-
total
11 810
14 725
43 564
-
Employer
76 467
76 467
158 507
-
health
644
1 415
2 933
-
social contributions
2 891
6 346
8 560
-
total
3 535
7 761
11 493
-
Corporate
131 632
85 772
-
-
income
16 454
10 721
-
-
total
16 454
10 721
-
-
Dividends
115 178
75 051
-
-
withholding
19 581
12 759
-
-
total
19 581
12 759
-
-
Income
170 000
170 000
170 000
170 000
Total tax
51 380
45 966
55 057
53 548
After tax
118 620
124 034
114 943
116 452
Living cost
23 024
23 024
23 024
23 024
Free-cash
95 596
101 010
91 919
93 428

Estimated living cost  is ₽23024 per week

₽13799
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2259
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽510
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6458
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽124988
₽107060
₽127005
₽119931
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
income
-
-
-
17 254
unemployment
-
-
-
28
health
-
-
-
3 599
pensions
-
-
-
6 326
total
-
-
-
27 207
Employee

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

22 826
-
160 281
-
unemployment
113
-
472
-
pensions
3 423
-
14 153
-
income
1 561
-
14 788
-
health
1 940
-
8 020
-
total
7 037
-
37 433
-
Employer

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

22 826
-
160 281
-
health
981
-
4 057
-
pensions
1 255
-
5 190
-
unemployment
113
-
472
-
total
2 349
-
9 719
-
Corporate
144 825
170 000
-
-
income
13 034
15 301
-
-
total
13 034
15 301
-
-
Dividends
131 791
154 699
-
-
withholding
11 861
13 923
-
-
total
11 861
13 923
-
-
Income
170 000
170 000
170 000
170 000
Total tax
34 281
29 224
47 152
27 207
After tax
135 719
140 776
122 848
142 793
Living cost
15 788
15 788
15 788
15 788
Free-cash
119 931
124 988
107 060
127 005

Estimated living cost  is ₽15788 per week

₽10073
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1138
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽470
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4106
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽86033
₽63942
₽68117
₽81641
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
830
income
-
-
-
46 886
other
-
-
-
92
unemployment
-
-
-
645
pensions
-
-
-
26 084
total
-
-
-
74 537
Employee
36 770
-
140 616
-
other
36
-
92
-
unemployment
570
-
1 429
-
pensions
1 729
-
4 333
-
income
7 089
-
43 473
-
total
9 424
-
49 327
-
Employer
36 770
-
140 616
-
pensions
8 677
-
21 753
-
accident
728
-
1 825
-
unemployment
2 023
-
5 069
-
other
294
-
738
-
total
11 722
-
29 385
-
Corporate
121 507
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.

18 226
25 501
-
-
total
18 226
25 501
-
-
Dividends
103 282
144 499
-
-
withholding
21 641
31 120
-
-
total
21 641
31 120
-
-
Income
170 000
170 000
170 000
170 000
Total tax
61 013
56 621
78 712
74 537
After tax
108 987
113 379
91 288
95 463
Living cost
27 346
27 346
27 346
27 346
Free-cash
81 641
86 033
63 942
68 117

Estimated living cost  is ₽27346 per week

₽18458
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2629
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽479
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5780
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽104143
₽107288
₽107426
₽103826
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
58 200
health
-
-
-
1 024
pensions
-
-
-
1 413
total
-
-
-
60 637
Employee
2 950
-
168 411
-
unemployment
30
-
71
-
pensions
265
-
636
-
income
571
-
58 126
-
health
147
-
353
-
total
1 013
-
59 186
-
Employer
2 950
-
168 411
-
health
280
-
671
-
pensions
324
-
777
-
unemployment
59
-
141
-
total
663
-
1 589
-
Corporate
166 386
170 000
-
-
income
36 605
37 400
-
-
total
36 605
37 400
-
-
Dividends
129 781
132 600
-
-
withholding
25 956
26 520
-
-
total
25 956
26 520
-
-
Income
170 000
170 000
170 000
170 000
Total tax
64 237
63 920
60 775
60 637
After tax
105 763
106 080
109 225
109 363
Living cost
1 937
1 937
1 937
1 937
Free-cash
103 826
104 143
107 288
107 426

Estimated living cost  is ₽1937 per week

₽1151
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽157
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽44
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽584
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽105620
₽86659
₽86659
₽100725
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
income
-
-
-
38 344
unemployment
-
-
-
1 103
health
-
-
-
7 573
pensions
-
-
-
19 116
total
-
-
-
66 136
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.

25 945
-
156 839
-
unemployment
195
-
551
-
pensions
3 632
-
10 293
-
income
3 576
-
38 344
-
health
1 336
-
3 787
-
total
8 739
-
52 975
-
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.

25 945
-
156 839
-
health
1 336
-
3 787
-
pensions
3 113
-
8 823
-
unemployment
195
-
551
-
total
4 644
-
13 161
-
Corporate
139 411
170 000
-
-
income
20 912
25 500
-
-
total
20 912
25 500
-
-
Dividends
118 500
144 500
-
-
withholding
17 775
21 675
-
-
total
17 775
21 675
-
-
Income
170 000
170 000
170 000
170 000
Total tax
52 070
47 175
66 136
66 136
After tax
117 930
122 825
103 864
103 864
Living cost
17 205
17 205
17 205
17 205
Free-cash
100 725
105 620
86 659
86 659

Estimated living cost  is ₽17205 per week

₽11584
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1331
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽498
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3792
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽69886
₽51677
₽64476
₽69529
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
income
-
-
-
19 641
surtax
-
-
-
-
social contributions

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

-
-
-
59 074
total
-
-
-
78 715
Employee
38 596
-
137 374
-
surtax
-
-
-
-
social contributions
4 246
-
15 112
-
income
7 541
-
43 776
-
total
11 787
-
58 888
-
Employer
38 596
-
137 374
-
social contributions
9 166
-
32 626
-
total
9 166
-
32 626
-
Corporate
122 238
170 000
-
-
income
25 670
35 700
-
-
surtax
-
-
-
-
total
25 670
35 700
-
-
Dividends
96 568
134 300
-
-
withholding
27 039
37 605
-
-
total
27 039
37 605
-
-
Income
170 000
170 000
170 000
170 000
Total tax
73 662
73 305
91 514
78 715
After tax
96 338
96 695
78 486
91 285
Living cost
26 809
26 809
26 809
26 809
Free-cash
69 529
69 886
51 677
64 476

Estimated living cost  is ₽26809 per week

₽18988
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1863
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽476
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5484
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽78430
₽56339
₽60514
₽71848
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
830
income
-
-
-
46 886
other
-
-
-
92
unemployment
-
-
-
645
pensions
-
-
-
26 084
total
-
-
-
74 537
Employee
48 026
-
140 616
-
other
47
-
92
-
unemployment
744
-
1 429
-
pensions
2 257
-
4 333
-
income
10 031
-
43 473
-
total
13 079
-
49 327
-
Employer
48 026
-
140 616
-
pensions
11 334
-
21 753
-
accident
951
-
1 825
-
unemployment
2 642
-
5 069
-
other
385
-
738
-
total
15 312
-
29 385
-
Corporate
106 662
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.

15 999
25 501
-
-
total
15 999
25 501
-
-
Dividends
90 663
144 499
-
-
withholding
18 813
31 120
-
-
total
18 813
31 120
-
-
Income
170 000
170 000
170 000
170 000
Total tax
63 203
56 621
78 712
74 537
After tax
106 797
113 379
91 288
95 463
Living cost
34 949
34 949
34 949
34 949
Free-cash
71 848
78 430
56 339
60 514

Estimated living cost  is ₽34949 per week

₽25099
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2717
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽493
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6641
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽128244
₽124730
₽118120
₽122184
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
25 500
unemployment
-
-
-
139
health
-
-
-
3 994
pensions

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

-
-
-
5 141
total
-
-
-
34 774
Employee
22 651
-
163 185
-
accident

We are using the highest rate at 1.1%.

249
-
382
-
pensions

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

1 989
-
3 050
-
income
2 265
-
16 319
-
health
1 042
-
1 598
-
total
5 545
-
21 349
-
Employer
22 651
-
163 185
-
health
1 563
-
2 397
-
pensions

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

2 496
-
3 828
-
accident

We are using the highest rate at 1.1%.

249
-
382
-
unemployment
136
-
208
-
total
4 444
-
6 815
-
Corporate
142 905
170 000
-
-
income
14 290
17 000
-
-
total
14 290
17 000
-
-
Dividends
128 614
153 000
-
-
withholding
6 431
7 650
-
-
total
6 431
7 650
-
-
Income
170 000
170 000
170 000
170 000
Total tax
30 710
24 650
28 164
34 774
After tax
139 290
145 350
141 836
135 226
Living cost
17 106
17 106
17 106
17 106
Free-cash
122 184
128 244
124 730
118 120

Estimated living cost  is ₽17106 per week

₽11314
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽979
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽408
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4406
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽49107
₽69978
₽52218
₽62112
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
income

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

-
-
-
51 977
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.

-
-
-
2 859
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.

-
-
-
6 794
trade
-
-
-
17 760
total
-
-
-
79 390
Employee

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

49 479
-
170 000
-
surtax

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

225
-
2 859
-
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.

4 069
-
51 977
-
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.

6 794
-
6 794
-
total
11 088
-
61 630
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
120 521
170 000
-
-
income
18 079
25 501
-
-
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.

995
1 402
-
-
chamber of commerce
328
400
-
-
trade
17 295
24 395
-
-
total
36 697
51 698
-
-
Dividends
83 824
118 303
-
-
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.

1 132
1 606
-
-
withholding
20 579
29 197
-
-
total
21 711
30 803
-
-
Income
170 000
170 000
170 000
170 000
Total tax
69 496
82 501
61 630
79 390
After tax
100 504
87 499
108 370
90 610
Living cost
38 392
38 392
38 392
38 392
Free-cash
62 112
49 107
69 978
52 218

Estimated living cost  is ₽38392 per week

₽26484
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4131
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽557
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7220
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽62352
₽33547
₽33547
₽64550
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
51 564
social contributions
-
-
-
28 242
total
-
-
-
79 806
Employee
77 786
-
170 000
-
income
14 678
-
51 564
-
social contributions
6 462
-
28 242
-
total
21 140
-
79 806
-
Employer
77 786
-
170 000
-
total
-
-
-
-
Corporate
92 214
170 000
-
-
income
11 526
21 251
-
-
total
11 526
21 251
-
-
Dividends
80 687
148 749
-
-
withholding
16 137
29 750
-
-
total
16 137
29 750
-
-
Income
170 000
170 000
170 000
170 000
Total tax
48 803
51 001
79 806
79 806
After tax
121 197
118 999
90 194
90 194
Living cost
56 647
56 647
56 647
56 647
Free-cash
64 550
62 352
33 547
33 547

Estimated living cost  is ₽56647 per week

₽43096
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4616
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.
₽8394
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽69147
₽85091
₽99571
₽72622
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
28 307
health

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

-
-
-
6 024
total
-
-
-
34 331
Employee
45 618
-
165 426
-
income
4 950
-
39 663
-
social contributions
4 571
-
4 574
-
total
9 521
-
44 237
-
Employer
45 618
-
165 426
-
social contributions
4 571
-
4 574
-
total
4 571
-
4 574
-
Corporate
119 811
170 000
-
-
income
41 934
59 501
-
-
total
41 934
59 501
-
-
Dividends
77 877
110 499
-
-
social contributions
5 254
5 254
-
-
total
5 254
5 254
-
-
Income
170 000
170 000
170 000
170 000
Total tax
61 280
64 755
48 811
34 331
After tax
108 720
105 245
121 189
135 669
Living cost
36 098
36 098
36 098
36 098
Free-cash
72 622
69 147
85 091
99 571

Estimated living cost  is ₽36098 per week

₽23778
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2846
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.
₽8920
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽75063
₽60995
₽76398
₽80898
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
48 207
pensions
-
-
-
8 794
total
-
-
-
57 001
Employee
50 240
-
148 535
-
pensions
3 835
-
10 842
-
income
9 149
-
37 934
-
health
655
-
2 168
-
total
13 639
-
50 944
-
Employer
50 240
-
148 535
-
health
955
-
2 821
-
pensions
5 076
-
18 639
-
total
6 031
-
21 460
-
Corporate
113 729
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.

21 608
32 300
-
-
total
21 608
32 300
-
-
Dividends
92 121
137 700
-
-
withholding
11 223
26 036
-
-
total
11 223
26 036
-
-
Income
170 000
170 000
170 000
170 000
Total tax
52 501
58 336
72 404
57 001
After tax
117 499
111 664
97 596
112 999
Living cost
36 601
36 601
36 601
36 601
Free-cash
80 898
75 063
60 995
76 398

Estimated living cost  is ₽36601 per week

₽25108
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3366
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.
₽7667
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽10177
₽68145
₽92291
₽10097
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
254
income
-
-
-
46 760
other
-
-
-
373
health
-
-
-
2 192
pensions
-
-
-
4 183
total
-
-
-
53 762
Employee
37 670
-
152 636
-
pensions
4 242
-
7 670
-
income
5 168
-
35 397
-
health
4 313
-
17 477
-
total
13 723
-
60 544
-
Employer
37 670
-
152 636
-
pensions
6 125
-
11 075
-
accident
629
-
2 549
-
unemployment
923
-
3 740
-
total
7 677
-
17 364
-
Corporate
124 653
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.

112 188
153 000
-
-
total
112 188
153 000
-
-
Dividends
12 465
17 000
-
-
withholding
2 368
3 230
-
-
total
2 368
3 230
-
-
Income
170 000
170 000
170 000
170 000
Total tax
135 956
156 230
77 908
53 762
After tax
34 044
13 770
92 092
116 238
Living cost
23 947
23 947
23 947
23 947
Free-cash
10 097
-10 177
68 145
92 291

Estimated living cost  is ₽23947 per week

₽17575
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1395
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽482
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4495
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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

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Skopje , Macedonia
₽129569
₽106620
₽84666
₽124897
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
27 940
unemployment
-
-
-
1 916
work injury
-
-
-
798
health insurance
-
-
-
11 815
pensions
-
-
-
29 379
total
-
-
-
71 848
Employee

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

21 577
-
170 000
-
health insurance
1 597
-
5 908
-
unemployment
259
-
958
-
work injury
108
-
399
-
pensions
3 970
-
14 689
-
income
2 158
-
27 940
-
total
8 092
-
49 894
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
148 423
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%.

1 484
1 700
-
-
total
1 484
1 700
-
-
Dividends
146 938
168 300
-
-
withholding
22 041
25 245
-
-
total
22 041
25 245
-
-
Income
170 000
170 000
170 000
170 000
Total tax
31 617
26 945
49 894
71 848
After tax
138 383
143 055
120 106
98 152
Living cost
13 486
13 486
13 486
13 486
Free-cash
124 897
129 569
106 620
84 666

Estimated living cost  is ₽13486 per week

₽8355
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽980
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽421
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3730
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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

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Rome , Italy
₽49929
₽32459
₽39921
₽45405
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
regional
-
-
-
3 888
municipal
-
-
-
1 136
national
-
-
-
41 715
total
-
-
-
90 463
Employee
83 797
-
170 000
-
municipal
500
-
1 013
-
national
14 161
-
36 138
-
regional
1 265
-
3 449
-
social contributions
28 256
-
57 325
-
total
44 182
-
97 925
-
Employer
83 797
-
170 000
-
total
-
-
-
-
Corporate
86 203
170 000
-
-
municipal
4 155
8 194
-
-
nationa
20 688
40 799
-
-
total
24 843
48 993
-
-
Dividends
61 359
121 007
-
-
withholding
15 954
31 462
-
-
total
15 954
31 462
-
-
Income
170 000
170 000
170 000
170 000
Total tax
84 979
80 455
97 925
90 463
After tax
85 021
89 545
72 075
79 537
Living cost
39 616
39 616
39 616
39 616
Free-cash
45 405
49 929
32 459
39 921

Estimated living cost  is ₽39616 per week

₽27827
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2725
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽598
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8464
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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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