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
₽79271
₽57479
₽59326
₽67799
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
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.

-
-
-
2 924
trade
-
-
-
19 945
income

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

-
-
-
53 181
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.

-
-
-
6 372
total
-
-
-
82 422
Employee

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

35 675
-
170 000
-
health

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

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

6 372
-
6 372
-
surtax

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

55
-
2 924
-
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.

997
-
53 181
-
total
7 424
-
62 477
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
134 325
170 000
-
-
chamber of commerce
335
386
-
-
trade
21 155
26 775
-
-
surtax

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

1 108
1 402
-
-
income
20 148
25 501
-
-
total
42 746
54 064
-
-
Dividends
91 579
115 936
-
-
withholding
22 540
28 630
-
-
surtax

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

1 239
1 575
-
-
total
23 779
30 205
-
-
Income
170 000
170 000
170 000
170 000
Total tax
73 949
84 269
62 477
82 422
After tax
96 051
85 731
107 523
87 578
Living cost
28 252
28 252
28 252
28 252
Free-cash
67 799
57 479
79 271
59 326

Estimated living cost  is ₽28252 per week

₽17771
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3294
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.
₽6659
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽51693
₽56343
₽50605
₽55516
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
170 000
municipal
-
-
-
18 603
social contributions
-
-
-
1 827
national
-
-
-
28 828
pensions
-
-
-
20 400
total
-
-
-
69 658
Employee
77 101
-
146 963
-
pensions
3 084
-
5 879
-
national
14 757
-
30 092
-
municipal
9 523
-
19 262
-
total
27 364
-
55 233
-
Employer
77 101
-
146 963
-
pensions
6 168
-
11 757
-
social contributions
829
-
1 580
-
total
6 997
-
13 337
-
Corporate
80 813
170 000
-
-
income

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

16 163
34 000
-
-
total
16 163
34 000
-
-
Dividends
64 650
136 000
-
-
withholding
14 223
29 920
-
-
total
14 223
29 920
-
-
Income
170 000
170 000
170 000
170 000
Total tax
64 747
63 920
68 570
69 658
After tax
105 253
106 080
101 430
100 342
Living cost
49 737
49 737
49 737
49 737
Free-cash
55 516
56 343
51 693
50 605

Estimated living cost  is ₽49737 per week

₽33806
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4623
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽744
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10563
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽52412
₽116594
₽39749
₽108945
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
microenterprise
-
-
-
-
surtax
-
-
-
43 350
social contributions

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

-
-
-
35 737
income
-
-
-
31 759
total
-
-
-
110 846
Employee
27 255
-
129 027
-
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.

2 998
-
12 227
-
surtax
-
-
18 709
-
income
4 852
-
26 276
-
total
7 850
-
57 212
-
Employer
27 255
-
129 027
-
surtax
-
-
14 192
-
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.

6 565
-
26 779
-
total
6 565
-
40 971
-
Corporate
136 180
170 000
-
-
income

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

27 235
34 001
-
-
total
27 235
34 001
-
-
Dividends

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

108 945
135 999
-
-
total
-
-
-
-
Income
170 000
170 000
170 000
170 000
Total tax
41 650
34 001
98 183
110 846
After tax
128 350
135 999
71 817
59 154
Living cost
19 405
19 405
19 405
19 405
Free-cash
108 945
116 594
52 412
39 749

Estimated living cost  is ₽19405 per week

₽12380
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1848
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽441
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4737
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽67756
₽45176
₽54384
₽39462
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
54 113
pensions
-
-
-
10 928
health
-
-
-
11 502
total
-
-
-
76 543
Employee
79 651
79 651
152 666
-
health
12 226
10 399
11 502
-
pensions
14 337
10 928
10 928
-
income

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

13 038
13 038
23 407
-
total
39 601
34 365
45 837
-
Employer
79 651
79 651
152 666
-
unemployment
2 867
2 867
3 563
-
health
5 537
5 537
6 880
-
pensions
5 544
5 544
6 891
-
total
13 948
13 948
17 334
-
Corporate
77 378
76 401
-
-
income
15 475
15 281
-
-
total
15 475
15 281
-
-
Dividends
61 902
61 120
-
-
withholding
9 286
9 169
-
-
income
13 155
12 988
-
-
total
22 441
22 157
-
-
Income
170 000
170 000
170 000
170 000
Total tax
91 465
85 751
63 171
76 543
After tax
78 535
84 249
106 829
93 457
Living cost
39 073
39 073
39 073
39 073
Free-cash
39 462
45 176
67 756
54 384

Estimated living cost  is ₽39073 per week

₽27690
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3522
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽621
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7239
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽48472
₽55136
₽49385
₽54291
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
170 000
municipal
-
-
-
43 559
other
-
-
-
9 597
unemployment
-
-
-
83
national
-
-
-
15 445
pensions
-
-
-
8 928
accident
-
-
-
165
health
-
-
-
5 154
total
-
-
-
82 931
Employee
53 696
-
144 050
-
national
-
-
14 939
-
municipal
16 012
-
42 956
-
total
16 012
-
57 895
-
Employer
53 696
-
144 050
-
unemployment
1 418
-
2 180
-
accident
107
-
165
-
health
3 302
-
5 079
-
pensions
5 804
-
8 928
-
other
6 240
-
9 597
-
total
16 871
-
25 949
-
Corporate
99 432
170 000
-
-
income
21 875
37 400
-
-
total
21 875
37 400
-
-
Dividends
77 557
132 600
-
-
withholding
23 267
39 780
-
-
total
23 267
39 780
-
-
Income
170 000
170 000
170 000
170 000
Total tax
78 025
77 180
83 844
82 931
After tax
91 975
92 820
86 156
87 069
Living cost
37 684
37 684
37 684
37 684
Free-cash
54 291
55 136
48 472
49 385

Estimated living cost  is ₽37684 per week

₽24976
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3698
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.
₽8439
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽70881
₽48215
₽50049
₽61321
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
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.

-
-
-
2 924
trade
-
-
-
20 832
income

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

-
-
-
53 181
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.

-
-
-
6 372
total
-
-
-
83 309
Employee

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

47 301
-
170 000
-
health

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

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

6 372
-
6 372
-
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.

223
-
2 924
-
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.

4 064
-
53 181
-
total
10 659
-
62 477
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
122 699
170 000
-
-
chamber of commerce
317
384
-
-
trade
20 184
27 965
-
-
surtax

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

1 012
1 402
-
-
income
18 405
25 501
-
-
total
39 918
55 252
-
-
Dividends
82 782
114 748
-
-
withholding
20 341
28 333
-
-
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.

1 119
1 558
-
-
total
21 460
29 891
-
-
Income
170 000
170 000
170 000
170 000
Total tax
72 037
85 143
62 477
83 309
After tax
97 963
84 857
107 523
86 691
Living cost
36 642
36 642
36 642
36 642
Free-cash
61 321
48 215
70 881
50 049

Estimated living cost  is ₽36642 per week

₽24506
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3864
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽547
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7724
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽84176
₽93745
₽85657
₽89878
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
170 000
social contributions
-
-
-
15 091
income
-
-
-
34 664
health
-
-
-
4 335
total
-
-
-
54 090
Employee
71 723
71 723
159 029
-
health
713
1 220
2 703
-
social contributions
3 485
5 953
8 029
-
income
7 531
6 639
33 868
-
total
11 729
13 812
44 600
-
Employer
71 723
71 723
159 029
-
health
777
1 328
2 942
-
social contributions
3 485
5 953
8 029
-
total
4 262
7 281
10 971
-
Corporate
123 755
90 997
-
-
income
15 470
11 374
-
-
total
15 470
11 374
-
-
Dividends
108 285
79 623
-
-
withholding
18 408
13 535
-
-
total
18 408
13 535
-
-
Income
170 000
170 000
170 000
170 000
Total tax
49 869
46 002
55 571
54 090
After tax
120 131
123 998
114 429
115 910
Living cost
30 253
30 253
30 253
30 253
Free-cash
89 878
93 745
84 176
85 657

Estimated living cost  is ₽30253 per week

₽20681
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2363
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽508
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6701
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽81847
₽78777
₽101064
₽79124
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
unemployment
-
-
-
2 550
income
-
-
-
20 783
pensions
-
-
-
17 000
health
-
-
-
11 900
total
-
-
-
52 233
Employee

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

The minimum wage is 138,000 HUF per month.

24 110
9 596
142 259
-
health
1 688
672
9 958
-
pensions
2 411
960
14 226
-
unemployment
362
144
2 134
-
income
2 948
1 173
17 391
-
total
7 409
2 949
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.

24 110
9 596
142 259
-
pensions
4 702
1 871
27 741
-
total
4 702
1 871
27 741
-
Corporate
141 188
158 533
-
-
income
12 707
14 268
-
-
total
12 707
14 268
-
-
Dividends
128 481
144 265
-
-
withholding
24 411
27 410
-
-
social contributions
24 944
28 022
-
-
total
49 355
55 432
-
-
Income
170 000
170 000
170 000
170 000
Total tax
74 173
74 520
71 450
52 233
After tax
95 827
95 480
98 550
117 767
Living cost
16 703
16 703
16 703
16 703
Free-cash
79 124
78 777
81 847
101 064

Estimated living cost  is ₽16703 per week

₽11398
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1367
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽334
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3604
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽75455
₽113470
₽68589
₽107678
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
22 780
pensions
-
-
-
34 001
health
-
-
-
22 101
total
-
-
-
78 882
Employee
26 460
-
127 055
-
unemployment
423
-
2 034
-
pensions
529
-
2 542
-
income
2 979
-
24 495
-
total
3 931
-
29 071
-
Employer
26 460
-
127 055
-
unemployment
212
-
1 016
-
health
3 439
-
16 518
-
pensions
5 292
-
25 411
-
total
8 943
-
42 945
-
Corporate
134 596
170 000
-
-
income
26 919
34 001
-
-
total
26 919
34 001
-
-
Dividends
107 677
135 999
-
-
total
-
-
-
-
Income
170 000
170 000
170 000
170 000
Total tax
39 793
34 001
72 016
78 882
After tax
130 207
135 999
97 984
91 118
Living cost
22 529
22 529
22 529
22 529
Free-cash
107 678
113 470
75 455
68 589

Estimated living cost  is ₽22529 per week

₽15452
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1342
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽453
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5282
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽71626
-₽7059
₽95372
₽10576
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
351
income
-
-
-
47 205
pensions
-
-
-
3 939
accident
-
-
-
239
health
-
-
-
2 065
total
-
-
-
53 799
Employee
32 765
-
153 255
-
health
3 752
-
17 547
-
pensions
3 689
-
7 223
-
income
4 495
-
36 030
-
total
11 936
-
60 800
-
Employer
32 765
-
153 255
-
unemployment
803
-
3 755
-
accident
547
-
2 559
-
pensions
5 328
-
10 431
-
total
6 678
-
16 745
-
Corporate
130 557
170 000
-
-
income

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

117 501
153 000
-
-
total
117 501
153 000
-
-
Dividends
13 056
17 000
-
-
withholding
2 480
3 230
-
-
total
2 480
3 230
-
-
Income
170 000
170 000
170 000
170 000
Total tax
138 595
156 230
77 545
53 799
After tax
31 405
13 770
92 455
116 201
Living cost
20 829
20 829
20 829
20 829
Free-cash
10 576
-7 059
71 626
95 372

Estimated living cost  is ₽20829 per week

₽15266
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1154
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽435
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3975
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽128446
₽153946
₽160746
₽152530
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

We expect you will register a microenterprise to benefit from 1% tax rate. Otherwise you will be taxed at a personal income rate of 20%.

-
-
-
170 000
microenterprise

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

-
-
-
1 700
total
-
-
-
1 700
Employee
9 443
-
170 000
-
income
1 888
-
34 000
-
total
1 888
-
34 000
-
Employer
-
-
-
-
total
-
-
-
-
Corporate

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

160 557
170 000
-
-
total
-
-
-
-
Dividends
160 557
170 000
-
-
withholding
8 028
8 500
-
-
total
8 028
8 500
-
-
Income
170 000
170 000
170 000
170 000
Total tax
9 916
8 500
34 000
1 700
After tax
160 084
161 500
136 000
168 300
Living cost
7 554
7 554
7 554
7 554
Free-cash
152 530
153 946
128 446
160 746

Estimated living cost  is ₽7554 per week

₽4682
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽628
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽208
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2037
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽71357
₽100046
₽71330
₽93748
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
170 000
other
-
-
-
6 737
income
-
-
-
26 798
pensions

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

-
-
-
34 041
health
-
-
-
6 241
total
-
-
-
73 817
Employee
33 866
-
135 782
-
health
474
-
1 901
-
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.

2 370
-
9 503
-
unemployment
338
-
1 358
-
income
5 830
-
26 809
-
total
9 012
-
39 571
-
Employer
33 866
-
135 782
-
unemployment
338
-
1 358
-
accident
271
-
1 087
-
health
474
-
1 901
-
pensions

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

5 758
-
23 083
-
other
1 694
-
6 790
-
total
8 535
-
34 219
-
Corporate
127 598
170 000
-
-
income
26 797
35 700
-
-
total
26 797
35 700
-
-
Dividends
100 802
134 300
-
-
withholding
7 055
9 401
-
-
total
7 055
9 401
-
-
Income
170 000
170 000
170 000
170 000
Total tax
51 399
45 101
73 790
73 817
After tax
118 601
124 899
96 210
96 183
Living cost
24 853
24 853
24 853
24 853
Free-cash
93 748
100 046
71 357
71 330

Estimated living cost  is ₽24853 per week

₽17560
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1678
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽400
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5215
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽34219
₽47979
₽49582
₽51667
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
170 000
income
-
-
-
49 072
pensions
-
-
-
8 540
total
-
-
-
57 612
Employee
88 860
-
148 462
-
health
1 464
-
2 135
-
pensions
8 573
-
10 472
-
income
16 018
-
38 830
-
total
26 055
-
51 437
-
Employer
88 860
-
148 462
-
health
1 688
-
2 821
-
pensions
10 492
-
18 717
-
total
12 180
-
21 538
-
Corporate
68 960
170 000
-
-
income

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

13 102
32 301
-
-
total
13 102
32 301
-
-
Dividends
55 858
137 699
-
-
withholding
4 190
26 914
-
-
total
4 190
26 914
-
-
Income
170 000
170 000
170 000
170 000
Total tax
55 527
59 215
72 975
57 612
After tax
114 473
110 785
97 025
112 388
Living cost
62 806
62 806
62 806
62 806
Free-cash
51 667
47 979
34 219
49 582

Estimated living cost  is ₽62806 per week

₽47061
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽7379
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽511
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7855
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽130290
₽133116
₽123564
₽128783
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
unemployment
-
-
-
130
income
-
-
-
25 500
pensions

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

-
-
-
4 824
health
-
-
-
3 748
total
-
-
-
34 202
Employee
16 200
-
163 605
-
health
745
-
1 499
-
accident

We are using the highest rate at 1.1%.

178
-
359
-
pensions

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

1 422
-
2 862
-
income
1 620
-
16 360
-
total
3 965
-
21 080
-
Employer
16 200
-
163 605
-
unemployment
97
-
196
-
accident

We are using the highest rate at 1.1%.

178
-
359
-
health
1 118
-
2 249
-
pensions

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

1 785
-
3 592
-
total
3 178
-
6 396
-
Corporate
150 621
170 000
-
-
income
15 062
17 000
-
-
total
15 062
17 000
-
-
Dividends
135 559
153 000
-
-
withholding
6 778
7 650
-
-
total
6 778
7 650
-
-
Income
170 000
170 000
170 000
170 000
Total tax
28 983
24 650
27 476
34 202
After tax
141 017
145 350
142 524
135 798
Living cost
12 234
12 234
12 234
12 234
Free-cash
128 783
133 116
130 290
123 564

Estimated living cost  is ₽12234 per week

₽7143
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽874
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽324
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3894
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Varna model

Close
Amsterdam , Netherlands
₽55108
₽32528
₽41736
₽34876
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
54 113
pensions
-
-
-
10 928
health
-
-
-
11 502
total
-
-
-
76 543
Employee
86 476
79 651
152 666
-
health
10 788
10 399
11 502
-
pensions
10 928
10 928
10 928
-
income

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

13 038
13 038
23 407
-
total
34 754
34 365
45 837
-
Employer
86 476
79 651
152 666
-
unemployment
3 113
2 867
3 563
-
health
6 009
5 537
6 880
-
pensions
6 018
5 544
6 891
-
total
15 140
13 948
17 334
-
Corporate
68 383
76 401
-
-
income
13 677
15 281
-
-
total
13 677
15 281
-
-
Dividends
54 706
61 120
-
-
withholding
8 206
9 169
-
-
income
11 626
12 988
-
-
total
19 832
22 157
-
-
Income
170 000
170 000
170 000
170 000
Total tax
83 403
85 751
63 171
76 543
After tax
86 597
84 249
106 829
93 457
Living cost
51 721
51 721
51 721
51 721
Free-cash
34 876
32 528
55 108
41 736

Estimated living cost  is ₽51721 per week

₽38153
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4620
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.
₽8356
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽66736
₽94254
₽74189
₽86122
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
solidarity contribution
-
-
-
136
social contributions
-
-
-
32 796
income
-
-
-
17 138
health
-
-
-
22 950
total
-
-
-
73 020
Employee
33 517
-
130 203
-
health
4 525
-
17 577
-
social contributions
2 179
-
7 300
-
solidarity contribution
-
-
-
-
income
4 022
-
15 799
-
total
10 726
-
40 676
-
Employer
33 517
-
130 203
-
health
3 017
-
11 718
-
social contributions
8 379
-
28 079
-
total
11 396
-
39 797
-
Corporate
125 088
170 000
-
-
income
23 767
32 300
-
-
total
23 767
32 300
-
-
Dividends
101 321
137 700
-
-
withholding
15 198
20 655
-
-
total
15 198
20 655
-
-
Income
170 000
170 000
170 000
170 000
Total tax
61 087
52 955
80 473
73 020
After tax
108 913
117 045
89 527
96 980
Living cost
22 791
22 791
22 791
22 791
Free-cash
86 122
94 254
66 736
74 189

Estimated living cost  is ₽22791 per week

₽15831
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1621
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽448
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4891
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽33875
₽51344
₽41556
₽46473
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
170 000
municipal
-
-
-
1 011
social contributions
-
-
-
43 723
national
-
-
-
42 339
regional
-
-
-
2 013
total
-
-
-
89 086
Employee
82 895
-
170 000
-
social contributions
27 952
-
57 324
-
national
14 364
-
36 764
-
regional
782
-
1 778
-
municipal
439
-
901
-
total
43 537
-
96 767
-
Employer
82 895
-
170 000
-
total
-
-
-
-
Corporate
87 105
170 000
-
-
municipal
3 397
6 631
-
-
nationa
20 906
40 799
-
-
total
24 303
47 430
-
-
Dividends
62 802
122 570
-
-
withholding
16 329
31 868
-
-
total
16 329
31 868
-
-
Income
170 000
170 000
170 000
170 000
Total tax
84 169
79 298
96 767
89 086
After tax
85 831
90 702
73 233
80 914
Living cost
39 358
39 358
39 358
39 358
Free-cash
46 473
51 344
33 875
41 556

Estimated living cost  is ₽39358 per week

₽27436
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2581
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽604
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8737
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽54089
₽86349
₽59790
₽83444
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
surtax
-
-
-
7 556
other
-
-
-
-
unemployment
-
-
-
212
income
-
-
-
48 125
pensions
-
-
-
24 897
health
-
-
-
8 838
total
-
-
-
89 628
Employee
30 845
-
143 796
-
health
788
-
3 174
-
pensions
2 057
-
8 303
-
unemployment
2 147
-
8 664
-
surtax
101
-
6 439
-
other
-
-
-
-
income
5 170
-
42 546
-
total
10 263
-
69 126
-
Employer
30 845
-
143 796
-
unemployment
977
-
3 945
-
health
1 404
-
5 664
-
pensions
4 112
-
16 594
-
other
-
-
-
-
total
6 493
-
26 203
-
Corporate
132 663
170 000
-
-
income
34 493
44 199
-
-
total
34 493
44 199
-
-
Dividends
98 170
125 801
-
-
withholding
14 725
18 870
-
-
total
14 725
18 870
-
-
Income
170 000
170 000
170 000
170 000
Total tax
65 974
63 069
95 329
89 628
After tax
104 026
106 931
74 671
80 372
Living cost
20 582
20 582
20 582
20 582
Free-cash
83 444
86 349
54 089
59 790

Estimated living cost  is ₽20582 per week

₽12585
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1899
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽474
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5623
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽54118
₽67878
₽69481
₽74082
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
170 000
income
-
-
-
49 072
pensions
-
-
-
8 540
total
-
-
-
57 612
Employee
59 552
-
148 462
-
health
864
-
2 135
-
pensions
5 055
-
10 472
-
income
10 726
-
38 830
-
total
16 645
-
51 437
-
Employer
59 552
-
148 462
-
health
1 131
-
2 821
-
pensions
6 447
-
18 717
-
total
7 578
-
21 538
-
Corporate
102 870
170 000
-
-
income

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

19 546
32 301
-
-
total
19 546
32 301
-
-
Dividends
83 324
137 699
-
-
withholding
9 242
26 914
-
-
total
9 242
26 914
-
-
Income
170 000
170 000
170 000
170 000
Total tax
53 011
59 215
72 975
57 612
After tax
116 989
110 785
97 025
112 388
Living cost
42 907
42 907
42 907
42 907
Free-cash
74 082
67 878
54 118
69 481

Estimated living cost  is ₽42907 per week

₽32146
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3216
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽449
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7096
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽55975
₽3964
₽63707
₽35527
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
city
-
-
-
1 792
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
national
-
-
-
2 879
pensions
-
-
-
15 639
regional
-
-
-
8 430
health
-
-
-
383
total
-
-
-
32 522
Employee
86 331
-
152 159
-
health
195
-
343
-
pensions
7 253
-
12 782
-
unemployment
-
-
-
-
city
927
-
1 635
-
national
409
-
2 077
-
regional
2 827
-
7 249
-
total
11 611
-
24 086
-
Employer
86 331
-
152 159
-
unemployment
-
-
-
-
health
195
-
343
-
pensions
7 253
-
12 782
-
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.

1 726
-
3 043
-
total
9 174
-
16 168
-
Corporate
73 546
170 000
-
-
regional
15 556
35 956
-
-
national
6 251
14 451
-
-
total
21 807
50 407
-
-
Dividends
51 740
119 593
-
-
withholding
18 110
41 858
-
-
total
18 110
41 858
-
-
Income
170 000
170 000
170 000
170 000
Total tax
60 702
92 265
40 254
32 522
After tax
109 298
77 735
129 746
137 478
Living cost
73 771
73 771
73 771
73 771
Free-cash
35 527
3 964
55 975
63 707

Estimated living cost  is ₽73771 per week

₽47972
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽6620
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽906
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽18273
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽64794
₽41255
₽43076
₽56379
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
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.

-
-
-
2 924
trade
-
-
-
21 718
income

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

-
-
-
53 181
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.

-
-
-
6 372
total
-
-
-
84 195
Employee

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

56 055
-
170 000
-
health

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

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

6 372
-
6 372
-
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.

363
-
2 924
-
income

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

6 592
-
53 181
-
total
13 327
-
62 477
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
113 945
170 000
-
-
chamber of commerce
303
381
-
-
trade
19 541
29 154
-
-
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.

940
1 402
-
-
income
17 091
25 501
-
-
total
37 875
56 438
-
-
Dividends
76 069
113 563
-
-
withholding
18 663
28 036
-
-
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.

1 027
1 542
-
-
total
19 690
29 578
-
-
Income
170 000
170 000
170 000
170 000
Total tax
70 892
86 016
62 477
84 195
After tax
99 108
83 984
107 523
85 805
Living cost
42 729
42 729
42 729
42 729
Free-cash
56 379
41 255
64 794
43 076

Estimated living cost  is ₽42729 per week

₽31207
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3418
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽556
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7549
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽60855
₽53768
₽63794
₽59277
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
surtax
-
-
-
-
other
-
-
-
5 269
social contributions
-
-
-
4 845
income
-
-
-
27 044
pensions
-
-
-
29 771
health
-
-
-
7 365
total
-
-
-
74 294
Employee
39 919
-
131 408
-
social contributions
1 138
-
3 745
-
pensions
4 514
-
9 202
-
surtax
-
-
-
-
income
2 356
-
25 699
-
total
8 008
-
38 646
-
Employer
39 919
-
131 408
-
unemployment
1 616
-
5 322
-
health
2 795
-
12 236
-
pensions
6 558
-
15 481
-
other
1 377
-
5 153
-
social contributions
120
-
395
-
total
12 466
-
38 587
-
Corporate
117 614
170 000
-
-
surtax
-
-
-
-
income
32 931
47 600
-
-
total
32 931
47 600
-
-
Dividends
84 683
122 400
-
-
withholding
10 840
15 667
-
-
surtax
-
-
-
-
social contributions
14 566
21 053
-
-
total
25 406
36 720
-
-
Income
170 000
170 000
170 000
170 000
Total tax
78 811
84 320
77 233
74 294
After tax
91 189
85 680
92 767
95 706
Living cost
31 912
31 912
31 912
31 912
Free-cash
59 277
53 768
60 855
63 794

Estimated living cost  is ₽31912 per week

₽20122
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2595
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽543
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8654
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽64017
₽56930
₽66956
₽62111
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
surtax
-
-
-
-
other
-
-
-
5 269
social contributions
-
-
-
4 845
income
-
-
-
27 044
pensions
-
-
-
29 771
health
-
-
-
7 365
total
-
-
-
74 294
Employee
35 634
-
131 408
-
social contributions
1 016
-
3 745
-
pensions
4 030
-
9 202
-
surtax
-
-
-
-
income
1 837
-
25 699
-
total
6 883
-
38 646
-
Employer
35 634
-
131 408
-
unemployment
1 443
-
5 322
-
health
2 494
-
12 236
-
pensions
5 855
-
15 481
-
other
1 230
-
5 153
-
social contributions
106
-
395
-
total
11 128
-
38 587
-
Corporate
123 238
170 000
-
-
surtax
-
-
-
-
income
34 507
47 600
-
-
total
34 507
47 600
-
-
Dividends
88 731
122 400
-
-
withholding
11 358
15 667
-
-
surtax
-
-
-
-
social contributions
15 263
21 053
-
-
total
26 621
36 720
-
-
Income
170 000
170 000
170 000
170 000
Total tax
79 139
84 320
77 233
74 294
After tax
90 861
85 680
92 767
95 706
Living cost
28 750
28 750
28 750
28 750
Free-cash
62 111
56 930
64 017
66 956

Estimated living cost  is ₽28750 per week

₽16674
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2921
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽545
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8611
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽85722
₽83938
₽89395
₽84421
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
170 000
social contributions
-
-
-
23 460
income
-
-
-
25 501
health
-
-
-
11 866
total
-
-
-
60 827
Employee
31 625
-
170 000
-
health
2 207
-
11 866
-
social contributions
4 365
-
23 460
-
income
5 275
-
29 174
-
total
11 847
-
64 500
-
Employer
31 625
-
170 000
-
total
-
-
-
-
Corporate
138 375
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%.

6 919
8 500
-
-
total
6 919
8 500
-
-
Dividends
131 456
161 500
-
-
withholding
19 718
24 225
-
-
health
9 176
11 273
-
-
social contributions
18 141
22 286
-
-
total
47 035
57 784
-
-
Income
170 000
170 000
170 000
170 000
Total tax
65 801
66 284
64 500
60 827
After tax
104 199
103 716
105 500
109 173
Living cost
19 778
19 778
19 778
19 778
Free-cash
84 421
83 938
85 722
89 395

Estimated living cost  is ₽19778 per week

₽13236
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1220
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽455
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4866
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽12126
₽61139
₽54402
₽59697
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
surtax
-
-
-
184
chamber of commerce
-
-
-
680
unemployment
-
-
-
5 721
income
-
-
-
47 653
pensions
-
-
-
20 159
health
-
-
-
8 335
total
-
-
-
82 732
Employee
46 614
37 171
136 451
-
health
1 804
1 439
4 216
-
pensions
4 774
3 806
11 158
-
unemployment
1 398
1 115
3 269
-
other
466
372
1 090
-
income
5 307
2 742
38 500
-
total
13 749
9 474
58 233
-
Employer
46 614
37 171
136 451
-
unemployment
1 398
1 115
3 269
-
payroll
1 398
1 115
4 094
-
accident
605
483
1 416
-
health
1 761
1 405
4 119
-
pensions
5 850
4 666
13 675
-
other
2 214
1 765
6 246
-
surtax
184
184
184
-
chamber of commerce
186
149
545
-
total
13 596
10 882
33 548
-
Corporate
109 789
121 947
132 911
-
income

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

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

27 448
30 487
33 227
-
total
27 448
30 487
33 227
-
Dividends
82 341
91 460
-
-
withholding
22 644
25 152
-
-
total
22 644
25 152
-
-
Income
170 000
170 000
170 000
170 000
Total tax
77 437
75 995
125 008
82 732
After tax
92 563
94 005
44 992
87 268
Living cost
32 866
32 866
32 866
32 866
Free-cash
59 697
61 139
12 126
54 402

Estimated living cost  is ₽32866 per week

₽21920
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2804
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽540
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7602
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽25525
₽61054
₽39730
₽47063
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
170 000
social contributions
-
-
-
23 254
communal

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

-
-
-
8 804
national
-
-
-
64 203
total
-
-
-
96 261
Employee

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

66 719
-
131 670
-
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.

3 135
-
6 188
-
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.

5 004
-
9 875
-
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.

581
-
1 145
-
national
20 512
-
48 060
-
communal

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

3 480
-
6 868
-
total
32 712
-
72 136
-
Employer

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

66 719
-
131 670
-
unemployment

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

974
-
1 922
-
accident

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

867
-
1 712
-
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.

4 103
-
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.

5 912
-
11 666
-
surtax
7 565
-
14 932
-
total
19 421
-
38 330
-
Corporate
83 860
170 000
-
-
surtax
336
680
-
-
income
16 773
34 001
-
-
total
17 109
34 681
-
-
Dividends
66 751
135 320
-
-
withholding

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

19 686
40 256
-
-
total
19 686
40 256
-
-
Income
170 000
170 000
170 000
170 000
Total tax
88 928
74 937
110 466
96 261
After tax
81 072
95 063
59 534
73 739
Living cost
34 009
34 009
34 009
34 009
Free-cash
47 063
61 054
25 525
39 730

Estimated living cost  is ₽34009 per week

₽21906
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2974
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽533
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8597
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽57740
₽79562
₽61654
₽73172
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
170 000
other
-
-
-
87
unemployment
-
-
-
605
income
-
-
-
48 725
pensions
-
-
-
24 465
accident
-
-
-
779
total
-
-
-
74 661
Employee
46 429
-
142 439
-
pensions
2 182
-
4 064
-
unemployment
720
-
1 340
-
other
46
-
87
-
income
9 796
-
45 523
-
total
12 744
-
51 014
-
Employer
46 429
-
142 439
-
unemployment
2 554
-
4 754
-
accident
919
-
1 712
-
pensions
10 957
-
20 403
-
other
370
-
692
-
total
14 800
-
27 561
-
Corporate
108 772
170 000
-
-
income

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

16 316
25 501
-
-
total
16 316
25 501
-
-
Dividends
92 456
144 499
-
-
withholding
19 283
31 252
-
-
total
19 283
31 252
-
-
Income
170 000
170 000
170 000
170 000
Total tax
63 143
56 753
78 575
74 661
After tax
106 857
113 247
91 425
95 339
Living cost
33 685
33 685
33 685
33 685
Free-cash
73 172
79 562
57 740
61 654

Estimated living cost  is ₽33685 per week

₽24805
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2390
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.
₽6004
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽39502
₽48359
₽32723
₽36250
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
surtax
-
-
-
8 427
income
-
-
-
28 557
communal
-
-
-
10 744
pensions
-
-
-
25 481
accident
-
-
-
1 434
health
-
-
-
11 946
total
-
-
-
86 589
Employee
70 635
-
151 855
-
health
3 144
-
6 756
-
pensions
5 650
-
12 148
-
surtax
4 329
-
9 307
-
income
6 823
-
33 455
-
total
19 946
-
61 666
-
Employer
70 635
-
151 855
-
accident
635
-
1 366
-
health
2 154
-
4 630
-
pensions
5 650
-
12 148
-
total
8 439
-
18 144
-
Corporate
90 926
170 000
-
-
communal
6 137
11 475
-
-
surtax
954
1 784
-
-
income
13 638
25 501
-
-
total
20 729
38 760
-
-
Dividends
70 197
131 240
-
-
withholding
10 530
19 686
-
-
income
23 418
12 507
-
-
total
33 948
32 193
-
-
Income
170 000
170 000
170 000
170 000
Total tax
83 062
70 953
79 810
86 589
After tax
86 938
99 047
90 190
83 411
Living cost
50 688
50 688
50 688
50 688
Free-cash
36 250
48 359
39 502
32 723

Estimated living cost  is ₽50688 per week

₽38024
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3071
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.
₽9055
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽53721
₽85981
₽59422
₽83012
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
surtax
-
-
-
7 556
other
-
-
-
-
unemployment
-
-
-
212
income
-
-
-
48 125
pensions
-
-
-
24 897
health
-
-
-
8 838
total
-
-
-
89 628
Employee
31 411
-
143 796
-
health
802
-
3 174
-
pensions
2 096
-
8 303
-
unemployment
2 186
-
8 664
-
surtax
112
-
6 439
-
other
-
-
-
-
income
5 266
-
42 546
-
total
10 462
-
69 126
-
Employer
31 411
-
143 796
-
unemployment
997
-
3 945
-
health
1 428
-
5 664
-
pensions
4 188
-
16 594
-
other
-
-
-
-
total
6 613
-
26 203
-
Corporate
131 976
170 000
-
-
income
34 314
44 199
-
-
total
34 314
44 199
-
-
Dividends
97 662
125 801
-
-
withholding
14 649
18 870
-
-
total
14 649
18 870
-
-
Income
170 000
170 000
170 000
170 000
Total tax
66 038
63 069
95 329
89 628
After tax
103 962
106 931
74 671
80 372
Living cost
20 950
20 950
20 950
20 950
Free-cash
83 012
85 981
53 721
59 422

Estimated living cost  is ₽20950 per week

₽12649
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1821
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽487
Clothing and shoes. We estimate one pair of shoes and 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 Athens model

Close
Naples , Italy
₽47597
₽64232
₽55237
₽62159
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
170 000
municipal
-
-
-
1 011
social contributions
-
-
-
43 723
national
-
-
-
42 339
regional
-
-
-
2 564
total
-
-
-
89 637
Employee
51 740
-
170 000
-
social contributions
17 447
-
57 324
-
national
8 197
-
36 764
-
regional
697
-
2 288
-
municipal
274
-
901
-
total
26 615
-
97 277
-
Employer
51 740
-
170 000
-
total
-
-
-
-
Corporate
118 260
170 000
-
-
municipal
5 878
8 448
-
-
nationa
28 382
40 799
-
-
total
34 260
49 247
-
-
Dividends
83 999
120 752
-
-
withholding
21 840
31 395
-
-
total
21 840
31 395
-
-
Income
170 000
170 000
170 000
170 000
Total tax
82 715
80 642
97 277
89 637
After tax
87 285
89 358
72 723
80 363
Living cost
25 126
25 126
25 126
25 126
Free-cash
62 159
64 232
47 597
55 237

Estimated living cost  is ₽25126 per week

₽15626
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2545
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽430
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6524
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽61442
₽88960
₽68895
₽78940
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
solidarity contribution
-
-
-
136
social contributions
-
-
-
32 796
income
-
-
-
17 138
health
-
-
-
22 950
total
-
-
-
73 020
Employee
41 301
-
130 203
-
health
5 576
-
17 577
-
social contributions
2 685
-
7 300
-
solidarity contribution
-
-
-
-
income
4 956
-
15 799
-
total
13 217
-
40 676
-
Employer
41 301
-
130 203
-
health
3 717
-
11 718
-
social contributions
10 325
-
28 079
-
total
14 042
-
39 797
-
Corporate
114 656
170 000
-
-
income
21 785
32 300
-
-
total
21 785
32 300
-
-
Dividends
92 872
137 700
-
-
withholding
13 931
20 655
-
-
total
13 931
20 655
-
-
Income
170 000
170 000
170 000
170 000
Total tax
62 975
52 955
80 473
73 020
After tax
107 025
117 045
89 527
96 980
Living cost
28 085
28 085
28 085
28 085
Free-cash
78 940
88 960
61 442
68 895

Estimated living cost  is ₽28085 per week

₽20886
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1556
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.
₽5157
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽15280
₽64349
₽57695
₽63887
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
surtax
-
-
-
-
chamber of commerce
-
-
-
680
unemployment
-
-
-
5 721
income
-
-
-
47 653
pensions
-
-
-
20 159
health
-
-
-
8 335
total
-
-
-
82 548
Employee
40 772
37 171
136 621
-
health
1 577
1 439
4 216
-
pensions
4 176
3 806
11 158
-
unemployment
1 223
1 115
3 269
-
other
407
372
1 090
-
income
3 632
2 742
38 581
-
total
11 015
9 474
58 314
-
Employer
40 772
37 171
136 621
-
unemployment
1 223
1 115
3 269
-
payroll
1 223
1 115
4 099
-
accident
529
483
1 416
-
health
1 542
1 405
4 119
-
pensions
5 117
4 666
13 675
-
other
1 936
1 765
6 254
-
surtax
-
-
-
-
chamber of commerce
163
149
547
-
total
11 733
10 698
33 379
-
Corporate
117 494
122 131
133 081
-
income

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

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

29 374
30 533
33 270
-
total
29 374
30 533
33 270
-
Dividends
88 120
91 598
-
-
withholding
24 234
25 189
-
-
total
24 234
25 189
-
-
Income
170 000
170 000
170 000
170 000
Total tax
76 356
75 894
124 963
82 548
After tax
93 644
94 106
45 037
87 452
Living cost
29 757
29 757
29 757
29 757
Free-cash
63 887
64 349
15 280
57 695

Estimated living cost  is ₽29757 per week

₽17851
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3039
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽531
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8337
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽124228
₽149728
₽156528
₽147521
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
14 715
-
170 000
-
income
2 943
-
34 000
-
total
2 943
-
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%.

155 285
170 000
-
-
total
-
-
-
-
Dividends
155 285
170 000
-
-
withholding
7 764
8 500
-
-
total
7 764
8 500
-
-
Income
170 000
170 000
170 000
170 000
Total tax
10 707
8 500
34 000
1 700
After tax
159 293
161 500
136 000
168 300
Living cost
11 772
11 772
11 772
11 772
Free-cash
147 521
149 728
124 228
156 528

Estimated living cost  is ₽11772 per week

₽7966
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽494
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽395
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2917
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽53218
₽92027
₽57722
₽84225
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
unemployment
-
-
-
255
income
-
-
-
39 230
pensions
-
-
-
31 046
health
-
-
-
16 729
total
-
-
-
87 260
Employee

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

41 246
-
147 096
-
health
2 664
-
9 502
-
pensions
6 393
-
22 800
-
unemployment
58
-
205
-
income
7 113
-
36 352
-
total
16 228
-
68 859
-
Employer

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

41 246
-
147 096
-
unemployment
25
-
89
-
health
2 747
-
9 797
-
pensions
3 650
-
13 019
-
total
6 422
-
22 905
-
Corporate
122 333
170 000
-
-
income
23 244
32 300
-
-
total
23 244
32 300
-
-
Dividends
99 089
137 700
-
-
withholding
14 863
20 655
-
-
total
14 863
20 655
-
-
Income
170 000
170 000
170 000
170 000
Total tax
60 757
52 955
91 764
87 260
After tax
109 243
117 045
78 236
82 740
Living cost
25 018
25 018
25 018
25 018
Free-cash
84 225
92 027
53 218
57 722

Estimated living cost  is ₽25018 per week

₽17169
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1604
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.
₽5761
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽117793
₽63419
₽77475
₽19313
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
170 000
social contributions
-
-
-
19 380
income
-
-
-
33 136
total
-
-
-
52 516
Employee
57 367
-
-
-
social contributions
4 704
-
670
-
income
12 654
-
-
-
total
17 358
-
670
-
Employer
57 367
-
-
-
social contributions
80 888
-
11 528
-
total
80 888
-
11 528
-
Corporate
31 745
170 000
-
-
income
6 984
37 400
-
-
total
6 984
37 400
-
-
Dividends
24 761
132 600
-
-
income
5 448
29 172
-
-
total
5 448
29 172
-
-
Income
170 000
170 000
170 000
170 000
Total tax
110 678
66 572
12 198
52 516
After tax
59 322
103 428
157 802
117 484
Living cost
40 009
40 009
40 009
40 009
Free-cash
19 313
63 419
117 793
77 475

Estimated living cost  is ₽40009 per week

₽25959
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3763
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.
₽9777
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽48532
₽67439
₽61420
₽66499
S + D Salary + Dividends

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

Dividends

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

Salary

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

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

-
-
-
59 075
income
-
-
-
20 248
total
-
-
-
79 323
Employee
42 898
-
137 373
-
social contributions
4 719
-
15 111
-
surtax
-
-
-
-
income
8 923
-
44 475
-
total
13 642
-
59 586
-
Employer
42 898
-
137 373
-
social contributions
10 188
-
32 625
-
total
10 188
-
32 625
-
Corporate
116 913
170 000
-
-
surtax
-
-
-
-
income
24 552
35 700
-
-
total
24 552
35 700
-
-
Dividends
92 361
134 300
-
-
withholding
25 862
37 604
-
-
total
25 862
37 604
-
-
Income
170 000
170 000
170 000
170 000
Total tax
74 244
73 304
92 211
79 323
After tax
95 756
96 696
77 789
90 677
Living cost
29 257
29 257
29 257
29 257
Free-cash
66 499
67 439
48 532
61 420

Estimated living cost  is ₽29257 per week

₽21890
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1726
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽489
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5153
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽47717
₽40630
₽50656
₽47040
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
surtax
-
-
-
-
other
-
-
-
5 269
social contributions
-
-
-
4 845
income
-
-
-
27 044
pensions
-
-
-
29 771
health
-
-
-
7 365
total
-
-
-
74 294
Employee
58 419
-
131 408
-
social contributions
1 664
-
3 745
-
pensions
6 608
-
9 202
-
surtax
-
-
-
-
income
5 097
-
25 699
-
total
13 369
-
38 646
-
Employer
58 419
-
131 408
-
unemployment
2 367
-
5 322
-
health
4 089
-
12 236
-
pensions
9 599
-
15 481
-
other
2 016
-
5 153
-
social contributions
175
-
395
-
total
18 246
-
38 587
-
Corporate
93 336
170 000
-
-
surtax
-
-
-
-
income
26 135
47 600
-
-
total
26 135
47 600
-
-
Dividends
67 201
122 400
-
-
withholding
8 602
15 667
-
-
surtax
-
-
-
-
social contributions
11 558
21 053
-
-
total
20 160
36 720
-
-
Income
170 000
170 000
170 000
170 000
Total tax
77 910
84 320
77 233
74 294
After tax
92 090
85 680
92 767
95 706
Living cost
45 050
45 050
45 050
45 050
Free-cash
47 040
40 630
47 717
50 656

Estimated living cost  is ₽45050 per week

₽30489
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3685
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽618
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10257
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽101483
₽124963
₽96968
₽121828
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
7 595
social contributions
-
-
-
37 399
total
-
-
-
44 994
Employee
29 986
-
147 186
-
social contributions
1 949
-
9 567
-
income
-
-
8 098
-
total
1 949
-
17 665
-
Employer
29 986
-
147 186
-
social contributions
4 648
-
22 814
-
total
4 648
-
22 814
-
Corporate
135 366
170 000
-
-
income
13 537
16 999
-
-
total
13 537
16 999
-
-
Dividends
121 828
153 001
-
-
total
-
-
-
-
Income
170 000
170 000
170 000
170 000
Total tax
20 134
16 999
40 479
44 994
After tax
149 866
153 001
129 521
125 006
Living cost
28 038
28 038
28 038
28 038
Free-cash
121 828
124 963
101 483
96 968

Estimated living cost  is ₽28038 per week

₽18129
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2113
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.
₽7268
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽33226
-₽33226
₽55012
-₽33226
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
170 000
municipal
-
-
-
35 581
labour market
-
-
-
13 535
national
-
-
-
20 142
pensions
-
-
-
809
total
-
-
-
70 067
Employee
189 602
189 602
189 602
-
pensions
270
270
270
-
national
23 163
23 163
23 163
-
labour market
15 147
15 147
15 147
-
municipal
40 375
40 375
40 375
-
total
78 955
78 955
78 955
-
Employer
189 602
189 602
189 602
-
pensions
539
539
539
-
national
23 204
23 204
23 204
-
labour market
15 168
15 168
15 168
-
municipal
40 439
40 439
40 439
-
total
79 350
79 350
79 350
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
170 000
170 000
170 000
170 000
Total tax
158 305
158 305
158 305
70 067
After tax
11 695
11 695
11 695
99 933
Living cost
44 921
44 921
44 921
44 921
Free-cash
-33 226
-33 226
-33 226
55 012

Estimated living cost  is ₽44921 per week

₽30745
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3974
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽691
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9512
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽71933
-₽6752
₽95679
₽10621
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
351
income
-
-
-
47 205
pensions
-
-
-
3 939
accident
-
-
-
239
health
-
-
-
2 065
total
-
-
-
53 799
Employee
32 282
-
153 255
-
health
3 697
-
17 547
-
pensions
3 635
-
7 223
-
income
4 429
-
36 030
-
total
11 761
-
60 800
-
Employer
32 282
-
153 255
-
unemployment
791
-
3 755
-
accident
539
-
2 559
-
pensions
5 249
-
10 431
-
total
6 579
-
16 745
-
Corporate
131 138
170 000
-
-
income

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

118 025
153 000
-
-
total
118 025
153 000
-
-
Dividends
13 114
17 000
-
-
withholding
2 492
3 230
-
-
total
2 492
3 230
-
-
Income
170 000
170 000
170 000
170 000
Total tax
138 857
156 230
77 545
53 799
After tax
31 143
13 770
92 455
116 201
Living cost
20 522
20 522
20 522
20 522
Free-cash
10 621
-6 752
71 933
95 679

Estimated living cost  is ₽20522 per week

₽14938
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1170
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽385
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4029
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽53008
₽70359
₽73010
₽72842
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
municipal
-
-
-
30 199
national
-
-
-
28 753
health
-
-
-
2 228
total
-
-
-
61 180
Employee
49 073
-
143 014
-
health
366
-
1 813
-
pensions
3 312
-
9 654
-
unemployment
736
-
2 145
-
national
811
-
17 293
-
municipal
8 038
-
23 292
-
total
13 263
-
54 197
-
Employer
49 073
-
143 014
-
unemployment
319
-
929
-
accident
50
-
143
-
health
377
-
1 101
-
pensions
8 514
-
24 812
-
total
9 260
-
26 985
-
Corporate
111 668
170 000
-
-
income
22 334
34 001
-
-
total
22 334
34 001
-
-
Dividends

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

67 000
102 000
-
-
national
4 432
11 469
-
-
municipal
12 059
18 361
-
-
total
16 491
29 830
-
-
Income
170 000
170 000
170 000
170 000
Total tax
61 348
63 831
81 182
61 180
After tax
108 652
106 169
88 818
108 820
Living cost
35 810
35 810
35 810
35 810
Free-cash
72 842
70 359
53 008
73 010

Estimated living cost  is ₽35810 per week

₽23391
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3444
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽570
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8406
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽92834
₽102403
₽94315
₽97326
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
170 000
social contributions
-
-
-
15 091
income
-
-
-
34 664
health
-
-
-
4 335
total
-
-
-
54 090
Employee
71 723
71 723
159 029
-
health
556
1 220
2 703
-
social contributions
2 712
5 953
8 029
-
income
7 809
6 639
33 868
-
total
11 077
13 812
44 600
-
Employer
71 723
71 723
159 029
-
health
604
1 328
2 942
-
social contributions
2 712
5 953
8 029
-
total
3 316
7 281
10 971
-
Corporate
134 013
90 997
-
-
income
16 752
11 374
-
-
total
16 752
11 374
-
-
Dividends
117 261
79 623
-
-
withholding
19 934
13 535
-
-
total
19 934
13 535
-
-
Income
170 000
170 000
170 000
170 000
Total tax
51 079
46 002
55 571
54 090
After tax
118 921
123 998
114 429
115 910
Living cost
21 595
21 595
21 595
21 595
Free-cash
97 326
102 403
92 834
94 315

Estimated living cost  is ₽21595 per week

₽12942
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2119
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽478
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6057
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽109802
₽125968
₽128513
₽121225
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
unemployment
-
-
-
27
income
-
-
-
17 343
pensions
-
-
-
5 933
health
-
-
-
3 375
total
-
-
-
26 678
Employee

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

21 409
-
160 884
-
health
1 820
-
7 523
-
pensions
3 211
-
13 275
-
unemployment
106
-
443
-
income
1 464
-
15 031
-
total
6 601
-
36 272
-
Employer

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

21 409
-
160 884
-
unemployment
106
-
443
-
health
920
-
3 806
-
pensions
1 177
-
4 868
-
total
2 203
-
9 117
-
Corporate
146 387
170 000
-
-
income
13 174
15 300
-
-
total
13 174
15 300
-
-
Dividends
133 213
154 700
-
-
withholding
11 988
13 923
-
-
total
11 988
13 923
-
-
Income
170 000
170 000
170 000
170 000
Total tax
33 966
29 223
45 389
26 678
After tax
136 034
140 777
124 611
143 322
Living cost
14 809
14 809
14 809
14 809
Free-cash
121 225
125 968
109 802
128 513

Estimated living cost  is ₽14809 per week

₽9448
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1067
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽441
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3852
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽65776
₽87598
₽69690
₽83479
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
170 000
other
-
-
-
87
unemployment
-
-
-
605
income
-
-
-
48 725
pensions
-
-
-
24 465
accident
-
-
-
779
total
-
-
-
74 661
Employee
34 489
-
142 439
-
pensions
1 621
-
4 064
-
unemployment
535
-
1 340
-
other
34
-
87
-
income
6 649
-
45 523
-
total
8 839
-
51 014
-
Employer
34 489
-
142 439
-
unemployment
1 897
-
4 754
-
accident
683
-
1 712
-
pensions
8 139
-
20 403
-
other
276
-
692
-
total
10 995
-
27 561
-
Corporate
124 516
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.

18 677
25 501
-
-
total
18 677
25 501
-
-
Dividends
105 839
144 499
-
-
withholding
22 361
31 252
-
-
total
22 361
31 252
-
-
Income
170 000
170 000
170 000
170 000
Total tax
60 872
56 753
78 575
74 661
After tax
109 128
113 247
91 425
95 339
Living cost
25 649
25 649
25 649
25 649
Free-cash
83 479
87 598
65 776
69 690

Estimated living cost  is ₽25649 per week

₽17313
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2466
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽450
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5422
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽107351
₽104181
₽107486
₽103869
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
58 226
pensions
-
-
-
1 385
health
-
-
-
1 004
total
-
-
-
60 615
Employee
2 893
-
168 441
-
health
145
-
346
-
pensions
260
-
623
-
unemployment
29
-
69
-
income
560
-
58 153
-
total
994
-
59 191
-
Employer
2 893
-
168 441
-
unemployment
58
-
139
-
health
275
-
658
-
pensions
318
-
762
-
total
651
-
1 559
-
Corporate
166 456
170 000
-
-
income
36 620
37 400
-
-
total
36 620
37 400
-
-
Dividends
129 836
132 600
-
-
withholding
25 967
26 520
-
-
total
25 967
26 520
-
-
Income
170 000
170 000
170 000
170 000
Total tax
64 232
63 920
60 750
60 615
After tax
105 768
106 080
109 250
109 385
Living cost
1 899
1 899
1 899
1 899
Free-cash
103 869
104 181
107 351
107 486

Estimated living cost  is ₽1899 per week

₽1129
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽154
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽43
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽573
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽89203
₽106692
₽89204
₽102103
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
unemployment
-
-
-
1 034
income
-
-
-
38 603
pensions
-
-
-
17 925
health
-
-
-
7 101
total
-
-
-
64 663
Employee

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

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

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

24 328
-
157 659
-
health
1 253
-
3 551
-
pensions
3 406
-
9 652
-
unemployment
182
-
517
-
income
3 353
-
38 603
-
total
8 194
-
52 323
-
Employer

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

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

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

24 328
-
157 659
-
unemployment
182
-
517
-
health
1 253
-
3 551
-
pensions
2 919
-
8 273
-
total
4 354
-
12 341
-
Corporate
141 317
170 000
-
-
income
21 198
25 500
-
-
total
21 198
25 500
-
-
Dividends
120 120
144 500
-
-
withholding
18 018
21 675
-
-
total
18 018
21 675
-
-
Income
170 000
170 000
170 000
170 000
Total tax
51 764
47 175
64 664
64 663
After tax
118 236
122 825
105 336
105 337
Living cost
16 133
16 133
16 133
16 133
Free-cash
102 103
106 692
89 203
89 204

Estimated living cost  is ₽16133 per week

₽10863
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1248
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽467
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3556
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽52643
₽71550
₽65531
₽71214
S + D Salary + Dividends

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

Dividends

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

Salary

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

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

-
-
-
59 075
income
-
-
-
20 248
total
-
-
-
79 323
Employee
36 201
-
137 373
-
social contributions
3 983
-
15 111
-
surtax
-
-
-
-
income
7 074
-
44 475
-
total
11 057
-
59 586
-
Employer
36 201
-
137 373
-
social contributions
8 597
-
32 625
-
total
8 597
-
32 625
-
Corporate
125 202
170 000
-
-
surtax
-
-
-
-
income
26 292
35 700
-
-
total
26 292
35 700
-
-
Dividends
98 910
134 300
-
-
withholding
27 694
37 604
-
-
total
27 694
37 604
-
-
Income
170 000
170 000
170 000
170 000
Total tax
73 640
73 304
92 211
79 323
After tax
96 360
96 696
77 789
90 677
Living cost
25 146
25 146
25 146
25 146
Free-cash
71 214
71 550
52 643
65 531

Estimated living cost  is ₽25146 per week

₽17810
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1747
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽446
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5144
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽58645
₽80467
₽62559
₽74363
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
170 000
other
-
-
-
87
unemployment
-
-
-
605
income
-
-
-
48 725
pensions
-
-
-
24 465
accident
-
-
-
779
total
-
-
-
74 661
Employee
45 047
-
142 439
-
pensions
2 117
-
4 064
-
unemployment
697
-
1 340
-
other
44
-
87
-
income
9 409
-
45 523
-
total
12 267
-
51 014
-
Employer
45 047
-
142 439
-
unemployment
2 478
-
4 754
-
accident
892
-
1 712
-
pensions
10 631
-
20 403
-
other
361
-
692
-
total
14 362
-
27 561
-
Corporate
110 591
170 000
-
-
income

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

16 589
25 501
-
-
total
16 589
25 501
-
-
Dividends
94 003
144 499
-
-
withholding
19 639
31 252
-
-
total
19 639
31 252
-
-
Income
170 000
170 000
170 000
170 000
Total tax
62 857
56 753
78 575
74 661
After tax
107 143
113 247
91 425
95 339
Living cost
32 780
32 780
32 780
32 780
Free-cash
74 363
80 467
58 645
62 559

Estimated living cost  is ₽32780 per week

₽23541
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2549
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.
₽6229
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽126472
₽129298
₽119746
₽123610
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
unemployment
-
-
-
130
income
-
-
-
25 500
pensions

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

-
-
-
4 824
health
-
-
-
3 748
total
-
-
-
34 202
Employee
21 255
-
163 605
-
health
978
-
1 499
-
accident

We are using the highest rate at 1.1%.

234
-
359
-
pensions

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

1 866
-
2 862
-
income
2 126
-
16 360
-
total
5 204
-
21 080
-
Employer
21 255
-
163 605
-
unemployment
128
-
196
-
accident

We are using the highest rate at 1.1%.

234
-
359
-
health
1 467
-
2 249
-
pensions

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

2 342
-
3 592
-
total
4 171
-
6 396
-
Corporate
144 575
170 000
-
-
income
14 457
17 000
-
-
total
14 457
17 000
-
-
Dividends
130 117
153 000
-
-
withholding
6 506
7 650
-
-
total
6 506
7 650
-
-
Income
170 000
170 000
170 000
170 000
Total tax
30 338
24 650
27 476
34 202
After tax
139 662
145 350
142 524
135 798
Living cost
16 052
16 052
16 052
16 052
Free-cash
123 610
129 298
126 472
119 746

Estimated living cost  is ₽16052 per week

₽10617
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽919
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽383
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4134
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽71513
₽51471
₽53342
₽63671
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
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.

-
-
-
2 924
trade
-
-
-
18 171
income

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

-
-
-
53 181
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.

-
-
-
6 372
total
-
-
-
80 648
Employee

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

46 409
-
170 000
-
health

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

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

6 372
-
6 372
-
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.

211
-
2 924
-
income

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

3 816
-
53 181
-
total
10 399
-
62 477
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
123 591
170 000
-
-
chamber of commerce
322
391
-
-
trade
17 736
24 395
-
-
surtax

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

1 020
1 402
-
-
income
18 539
25 501
-
-
total
37 617
51 689
-
-
Dividends
85 974
118 312
-
-
withholding
21 140
29 223
-
-
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.

1 163
1 607
-
-
total
22 303
30 830
-
-
Income
170 000
170 000
170 000
170 000
Total tax
70 319
82 519
62 477
80 648
After tax
99 681
87 481
107 523
89 352
Living cost
36 010
36 010
36 010
36 010
Free-cash
63 671
51 471
71 513
53 342

Estimated living cost  is ₽36010 per week

₽24841
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3875
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽522
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6772
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽35792
₽65868
₽35792
₽67928
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
170 000
income
-
-
-
52 582
social contributions
-
-
-
28 494
total
-
-
-
81 076
Employee
72 960
-
170 000
-
social contributions
6 061
-
28 494
-
income
13 767
-
52 582
-
total
19 828
-
81 076
-
Employer
72 960
-
170 000
-
total
-
-
-
-
Corporate
97 040
170 000
-
-
income
12 130
21 249
-
-
total
12 130
21 249
-
-
Dividends
84 910
148 751
-
-
withholding
16 982
29 751
-
-
total
16 982
29 751
-
-
Income
170 000
170 000
170 000
170 000
Total tax
48 940
51 000
81 076
81 076
After tax
121 060
119 000
88 924
88 924
Living cost
53 132
53 132
53 132
53 132
Free-cash
67 928
65 868
35 792
35 792

Estimated living cost  is ₽53132 per week

₽40422
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4329
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽508
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7873
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽86667
₽71714
₽103910
₽74973
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

We use The Residence Programme or The Global Residence Programme.

-
-
-
170 000
income
-
-
-
26 550
health

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

-
-
-
5 682
total
-
-
-
32 232
Employee
42 788
-
165 709
-
social contributions
4 287
-
4 291
-
income
4 643
-
40 893
-
total
8 930
-
45 184
-
Employer
42 788
-
165 709
-
social contributions
4 287
-
4 291
-
total
4 287
-
4 291
-
Corporate
122 925
170 000
-
-
income
43 024
59 500
-
-
total
43 024
59 500
-
-
Dividends
79 901
110 500
-
-
social contributions
4 928
4 928
-
-
total
4 928
4 928
-
-
Income
170 000
170 000
170 000
170 000
Total tax
61 169
64 428
49 475
32 232
After tax
108 831
105 572
120 525
137 768
Living cost
33 858
33 858
33 858
33 858
Free-cash
74 973
71 714
86 667
103 910

Estimated living cost  is ₽33858 per week

₽22302
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2669
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.
₽8367
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽62143
₽75903
₽77506
₽81465
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
170 000
income
-
-
-
49 072
pensions
-
-
-
8 540
total
-
-
-
57 612
Employee
47 881
-
148 462
-
health
625
-
2 135
-
pensions
3 654
-
10 472
-
income
8 719
-
38 830
-
total
12 998
-
51 437
-
Employer
47 881
-
148 462
-
health
910
-
2 821
-
pensions
4 837
-
18 717
-
total
5 747
-
21 538
-
Corporate
116 372
170 000
-
-
income

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

22 111
32 301
-
-
total
22 111
32 301
-
-
Dividends
94 261
137 699
-
-
withholding
12 797
26 914
-
-
total
12 797
26 914
-
-
Income
170 000
170 000
170 000
170 000
Total tax
53 653
59 215
72 975
57 612
After tax
116 347
110 785
97 025
112 388
Living cost
34 882
34 882
34 882
34 882
Free-cash
81 465
75 903
62 143
77 506

Estimated living cost  is ₽34882 per week

₽23929
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3208
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽436
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7307
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details

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
₽69901
-₽8784
₽93647
₽10311
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
351
income
-
-
-
47 205
pensions
-
-
-
3 939
accident
-
-
-
239
health
-
-
-
2 065
total
-
-
-
53 799
Employee
35 478
-
153 255
-
health
4 062
-
17 547
-
pensions
3 995
-
7 223
-
income
4 867
-
36 030
-
total
12 924
-
60 800
-
Employer
35 478
-
153 255
-
unemployment
869
-
3 755
-
accident
592
-
2 559
-
pensions
5 768
-
10 431
-
total
7 229
-
16 745
-
Corporate
127 292
170 000
-
-
income

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

114 563
153 000
-
-
total
114 563
153 000
-
-
Dividends
12 729
17 000
-
-
withholding
2 419
3 230
-
-
total
2 419
3 230
-
-
Income
170 000
170 000
170 000
170 000
Total tax
137 135
156 230
77 545
53 799
After tax
32 865
13 770
92 455
116 201
Living cost
22 554
22 554
22 554
22 554
Free-cash
10 311
-8 784
69 901
93 647

Estimated living cost  is ₽22554 per week

₽16552
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1314
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽454
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4233
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

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

Source of data for Warsaw model

Close
Skopje , Macedonia
₽108756
₽130448
₽88232
₽126080
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
unemployment
-
-
-
1 791
health insurance
-
-
-
11 046
income
-
-
-
28 113
pensions
-
-
-
27 465
work injury
-
-
-
746
total
-
-
-
69 161
Employee

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

20 172
-
170 000
-
pensions
3 712
-
13 732
-
unemployment
242
-
896
-
work injury
101
-
373
-
health insurance
1 493
-
5 523
-
income
2 017
-
28 113
-
total
7 565
-
48 637
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
149 828
170 000
-
-
income

Macedonia has a simplified tax regime. Before 3,000,000 MKD per annum you will be taxed at 0%, and before 6,000,000 MKD it is 1%.

1 498
1 700
-
-
total
1 498
1 700
-
-
Dividends
148 330
168 300
-
-
withholding
22 250
25 245
-
-
total
22 250
25 245
-
-
Income
170 000
170 000
170 000
170 000
Total tax
31 313
26 945
48 637
69 161
After tax
138 687
143 055
121 363
100 839
Living cost
12 607
12 607
12 607
12 607
Free-cash
126 080
130 448
108 756
88 232

Estimated living cost  is ₽12607 per week

₽7810
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽916
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽393
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3487
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Skopje model

Close
Rome , Italy
₽34279
₽52388
₽41744
₽48143
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
170 000
municipal
-
-
-
1 136
social contributions
-
-
-
43 723
national
-
-
-
42 339
regional
-
-
-
3 900
total
-
-
-
91 098
Employee
78 598
-
170 000
-
social contributions
26 503
-
57 324
-
national
13 282
-
36 764
-
regional
1 187
-
3 461
-
municipal
469
-
1 014
-
total
41 441
-
98 563
-
Employer
78 598
-
170 000
-
total
-
-
-
-
Corporate
91 402
170 000
-
-
municipal
4 406
8 193
-
-
nationa
21 936
40 799
-
-
total
26 342
48 992
-
-
Dividends
65 061
121 007
-
-
withholding
16 916
31 462
-
-
total
16 916
31 462
-
-
Income
170 000
170 000
170 000
170 000
Total tax
84 699
80 454
98 563
91 098
After tax
85 301
89 546
71 437
78 902
Living cost
37 158
37 158
37 158
37 158
Free-cash
48 143
52 388
34 279
41 744

Estimated living cost  is ₽37158 per week

₽26101
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2556
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽561
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7939
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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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