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
₽ 170500
per

Your estimated
City
free-cash

Dresden , Germany
₽59372
₽57241
₽67741
₽79276
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
170 500
trade
-
-
-
19 904
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.

-
-
-
6 484
surtax

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

-
-
-
2 920
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.

-
-
-
53 072
total
-
-
-
82 380
Employee

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

36 302
-
170 500
-
surtax

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

56
-
2 920
-
income

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

1 014
-
53 072
-
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.

6 484
-
6 484
-
total
7 554
-
62 476
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
134 198
170 500
-
-
trade
21 136
26 853
-
-
income
20 129
25 574
-
-
chamber of commerce
337
389
-
-
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
1 407
-
-
total
42 710
54 223
-
-
Dividends
91 488
116 277
-
-
withholding
22 510
28 708
-
-
surtax

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

1 237
1 580
-
-
total
23 747
30 288
-
-
Income
170 500
170 500
170 500
170 500
Total tax
74 011
84 511
62 476
82 380
After tax
96 489
85 989
108 024
88 120
Living cost
28 748
28 748
28 748
28 748
Free-cash
67 741
57 241
79 276
59 372

Estimated living cost  is ₽28748 per week

₽18083
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3352
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽537
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6776
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽50196
₽55915
₽55075
₽51443
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
170 500
municipal
-
-
-
18 644
pensions
-
-
-
20 460
social contributions
-
-
-
1 833
national
-
-
-
28 890
total
-
-
-
69 827
Employee
78 248
-
147 396
-
municipal
9 665
-
19 304
-
national
14 977
-
30 004
-
pensions
3 130
-
5 896
-
total
27 772
-
55 204
-
Employer
78 248
-
147 396
-
pensions
6 260
-
11 792
-
social contributions
841
-
1 584
-
total
7 101
-
13 376
-
Corporate
79 986
170 500
-
-
income

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

15 997
34 100
-
-
total
15 997
34 100
-
-
Dividends
63 989
136 400
-
-
withholding
14 078
30 008
-
-
total
14 078
30 008
-
-
Income
170 500
170 500
170 500
170 500
Total tax
64 948
64 108
68 580
69 827
After tax
105 552
106 392
101 920
100 673
Living cost
50 477
50 477
50 477
50 477
Free-cash
55 075
55 915
51 443
50 196

Estimated living cost  is ₽50477 per week

₽34309
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4692
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽756
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10721
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽39376
₽116653
₽108869
₽52120
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
170 500
surtax
-
-
-
43 477
social contributions

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

-
-
-
36 365
income
-
-
-
31 536
microenterprise
-
-
-
-
total
-
-
-
111 378
Employee
27 734
-
129 054
-
social contributions

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

3 051
-
12 442
-
surtax
-
-
18 714
-
income
4 937
-
26 033
-
total
7 988
-
57 189
-
Employer
27 734
-
129 054
-
surtax
-
-
14 196
-
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.

6 680
-
27 249
-
total
6 680
-
41 445
-
Corporate
136 086
170 500
-
-
income

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

27 217
34 101
-
-
total
27 217
34 101
-
-
Dividends

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

108 869
136 399
-
-
total
-
-
-
-
Income
170 500
170 500
170 500
170 500
Total tax
41 885
34 101
98 634
111 378
After tax
128 615
136 399
71 866
59 122
Living cost
19 746
19 746
19 746
19 746
Free-cash
108 869
116 653
52 120
39 376

Estimated living cost  is ₽19746 per week

₽12597
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1880
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽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.
₽4820
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽54139
₽44702
₽38888
₽67122
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
170 500
pensions
-
-
-
11 120
health
-
-
-
11 704
income
-
-
-
53 777
total
-
-
-
76 601
Employee
81 051
81 051
152 862
-
pensions
14 589
11 120
11 120
-
income

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

13 267
13 267
23 155
-
health
12 440
10 582
11 704
-
total
40 296
34 969
45 979
-
Employer
81 051
81 051
152 862
-
pensions
5 641
5 641
7 012
-
unemployment
2 918
2 918
3 626
-
health
5 634
5 634
7 001
-
total
14 193
14 193
17 639
-
Corporate
76 251
75 256
-
-
income
15 250
15 052
-
-
total
15 250
15 052
-
-
Dividends
61 000
60 204
-
-
withholding
9 150
9 031
-
-
income
12 963
12 793
-
-
total
22 113
21 824
-
-
Income
170 500
170 500
170 500
170 500
Total tax
91 852
86 038
63 618
76 601
After tax
78 648
84 462
106 882
93 899
Living cost
39 760
39 760
39 760
39 760
Free-cash
38 888
44 702
67 122
54 139

Estimated living cost  is ₽39760 per week

₽28177
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3584
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽632
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7367
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽48555
₽53956
₽53076
₽47606
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
170 500
municipal
-
-
-
43 433
pensions
-
-
-
9 272
health
-
-
-
5 352
other
-
-
-
9 967
unemployment
-
-
-
86
accident
-
-
-
171
national
-
-
-
14 527
total
-
-
-
82 808
Employee
55 766
-
143 550
-
municipal
16 630
-
42 806
-
national
-
-
14 002
-
total
16 630
-
56 808
-
Employer
55 766
-
143 550
-
pensions
6 028
-
9 272
-
other
6 480
-
9 967
-
unemployment
1 472
-
2 264
-
accident
112
-
171
-
health
3 430
-
5 275
-
total
17 522
-
26 949
-
Corporate
97 212
170 500
-
-
income
21 387
37 510
-
-
total
21 387
37 510
-
-
Dividends
75 825
132 990
-
-
withholding
22 748
39 897
-
-
total
22 748
39 897
-
-
Income
170 500
170 500
170 500
170 500
Total tax
78 287
77 407
83 757
82 808
After tax
92 213
93 093
86 743
87 692
Living cost
39 137
39 137
39 137
39 137
Free-cash
53 076
53 956
47 606
48 555

Estimated living cost  is ₽39137 per week

₽25938
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3840
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽594
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8764
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽49950
₽47826
₽61164
₽70739
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
170 500
trade
-
-
-
20 789
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.

-
-
-
6 484
surtax

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

-
-
-
2 920
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.

-
-
-
53 072
total
-
-
-
83 265
Employee

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

48 132
-
170 500
-
surtax

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

227
-
2 920
-
income

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

4 135
-
53 072
-
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.

6 484
-
6 484
-
total
10 846
-
62 476
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
122 368
170 500
-
-
trade
20 129
28 047
-
-
income
18 355
25 574
-
-
chamber of commerce
319
387
-
-
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.

1 010
1 407
-
-
total
39 813
55 415
-
-
Dividends
82 554
115 085
-
-
withholding
20 277
28 411
-
-
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.

1 115
1 563
-
-
total
21 392
29 974
-
-
Income
170 500
170 500
170 500
170 500
Total tax
72 051
85 389
62 476
83 265
After tax
98 449
85 111
108 024
87 235
Living cost
37 285
37 285
37 285
37 285
Free-cash
61 164
47 826
70 739
49 950

Estimated living cost  is ₽37285 per week

₽24937
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3932
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽557
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7860
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽85586
₽93585
₽89650
₽84096
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
170 500
health
-
-
-
4 348
social contributions
-
-
-
15 356
income
-
-
-
34 425
total
-
-
-
54 129
Employee
72 983
72 983
159 382
-
social contributions
3 546
6 057
8 170
-
income
7 664
6 756
33 622
-
health
726
1 241
2 709
-
total
11 936
14 054
44 501
-
Employer
72 983
72 983
159 382
-
social contributions
3 546
6 057
8 170
-
health
791
1 351
2 948
-
total
4 337
7 408
11 118
-
Corporate
123 442
90 109
-
-
income
15 430
11 264
-
-
total
15 430
11 264
-
-
Dividends
108 012
78 845
-
-
withholding
18 362
13 404
-
-
total
18 362
13 404
-
-
Income
170 500
170 500
170 500
170 500
Total tax
50 065
46 130
55 619
54 129
After tax
120 435
124 370
114 881
116 371
Living cost
30 785
30 785
30 785
30 785
Free-cash
89 650
93 585
84 096
85 586

Estimated living cost  is ₽30785 per week

₽21044
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2405
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽517
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6819
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽100676
₽78336
₽78700
₽81403
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
170 500
pensions
-
-
-
17 050
health
-
-
-
11 935
unemployment
-
-
-
2 557
income
-
-
-
20 844
total
-
-
-
52 386
Employee

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

The minimum wage is 138,000 HUF per month.

25 172
10 018
142 678
-
pensions
2 517
1 002
14 268
-
unemployment
378
150
2 140
-
income
3 077
1 225
17 442
-
health
1 762
701
9 987
-
total
7 734
3 078
43 837
-
Employer

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

The minimum wage is 138,000 HUF per month.

25 172
10 018
142 678
-
pensions
4 909
1 954
27 822
-
total
4 909
1 954
27 822
-
Corporate
140 419
158 528
-
-
income
12 638
14 268
-
-
total
12 638
14 268
-
-
Dividends
127 781
144 261
-
-
withholding
24 278
27 410
-
-
social contributions
24 803
28 016
-
-
total
49 081
55 426
-
-
Income
170 500
170 500
170 500
170 500
Total tax
74 362
74 726
71 659
52 386
After tax
96 138
95 774
98 841
118 114
Living cost
17 438
17 438
17 438
17 438
Free-cash
78 700
78 336
81 403
100 676

Estimated living cost  is ₽17438 per week

₽11900
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1427
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽348
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3763
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Budapest model

Close
Tallinn , Estonia
₽68462
₽113474
₽107580
₽75348
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
170 500
pensions
-
-
-
34 101
health
-
-
-
22 165
income
-
-
-
22 847
total
-
-
-
79 113
Employee
26 925
-
127 430
-
pensions
539
-
2 549
-
unemployment
430
-
2 039
-
income
3 031
-
24 569
-
total
4 000
-
29 157
-
Employer
26 925
-
127 430
-
pensions
5 385
-
25 486
-
unemployment
216
-
1 019
-
health
3 500
-
16 565
-
total
9 101
-
43 070
-
Corporate
134 474
170 500
-
-
income
26 894
34 101
-
-
total
26 894
34 101
-
-
Dividends
107 580
136 399
-
-
total
-
-
-
-
Income
170 500
170 500
170 500
170 500
Total tax
39 995
34 101
72 227
79 113
After tax
130 505
136 399
98 273
91 387
Living cost
22 925
22 925
22 925
22 925
Free-cash
107 580
113 474
75 348
68 462

Estimated living cost  is ₽22925 per week

₽15724
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1365
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽461
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5375
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽95350
-₽7391
₽10558
₽71436
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
170 500
pensions
-
-
-
4 010
health
-
-
-
2 102
other
-
-
-
357
accident
-
-
-
243
income
-
-
-
47 236
total
-
-
-
53 948
Employee
33 352
-
153 556
-
pensions
3 755
-
7 353
-
income
4 576
-
35 983
-
health
3 819
-
17 582
-
total
12 150
-
60 918
-
Employer
33 352
-
153 556
-
pensions
5 423
-
10 618
-
unemployment
817
-
3 762
-
accident
557
-
2 564
-
total
6 797
-
16 944
-
Corporate
130 351
170 500
-
-
income

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

117 316
153 450
-
-
total
117 316
153 450
-
-
Dividends
13 035
17 050
-
-
withholding
2 477
3 239
-
-
total
2 477
3 239
-
-
Income
170 500
170 500
170 500
170 500
Total tax
138 740
156 689
77 862
53 948
After tax
31 760
13 811
92 638
116 552
Living cost
21 202
21 202
21 202
21 202
Free-cash
10 558
-7 391
71 436
95 350

Estimated living cost  is ₽21202 per week

₽15539
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1175
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽443
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4046
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽161030
₽154210
₽152754
₽128635
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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%.

-
-
-
170 500
microenterprise

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

-
-
-
1 705
total
-
-
-
1 705
Employee
9 706
-
170 500
-
income
1 941
-
34 100
-
total
1 941
-
34 100
-
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%.

160 794
170 500
-
-
total
-
-
-
-
Dividends
160 794
170 500
-
-
withholding
8 040
8 525
-
-
total
8 040
8 525
-
-
Income
170 500
170 500
170 500
170 500
Total tax
9 981
8 525
34 100
1 705
After tax
160 519
161 975
136 400
168 795
Living cost
7 765
7 765
7 765
7 765
Free-cash
152 754
154 210
128 635
161 030

Estimated living cost  is ₽7765 per week

₽4812
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽645
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽213
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2094
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽70717
₽99976
₽93565
₽71262
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
170 500
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.

-
-
-
34 639
health
-
-
-
6 351
other
-
-
-
6 855
income
-
-
-
26 648
total
-
-
-
74 493
Employee
34 461
-
136 183
-
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.

2 412
-
9 532
-
unemployment
344
-
1 362
-
income
5 933
-
26 830
-
health
483
-
1 907
-
total
9 172
-
39 631
-
Employer
34 461
-
136 183
-
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.

5 859
-
23 150
-
other
1 724
-
6 808
-
unemployment
344
-
1 362
-
accident
276
-
1 090
-
health
483
-
1 907
-
total
8 686
-
34 317
-
Corporate
127 354
170 500
-
-
income
26 745
35 805
-
-
total
26 745
35 805
-
-
Dividends
100 609
134 695
-
-
withholding
7 042
9 429
-
-
total
7 042
9 429
-
-
Income
170 500
170 500
170 500
170 500
Total tax
51 645
45 234
73 948
74 493
After tax
118 855
125 266
96 552
96 007
Living cost
25 290
25 290
25 290
25 290
Free-cash
93 565
99 976
71 262
70 717

Estimated living cost  is ₽25290 per week

₽17869
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1707
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽407
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5306
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽49915
₽48289
₽52103
₽34513
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
170 500
pensions
-
-
-
8 546
income
-
-
-
49 283
total
-
-
-
57 829
Employee
88 790
-
148 892
-
pensions
8 566
-
10 474
-
income
16 005
-
39 012
-
health
1 463
-
2 139
-
total
26 034
-
51 625
-
Employer
88 790
-
148 892
-
pensions
10 484
-
18 777
-
health
1 686
-
2 829
-
total
12 170
-
21 606
-
Corporate
69 540
170 500
-
-
income

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

13 213
32 395
-
-
total
13 213
32 395
-
-
Dividends
56 327
138 105
-
-
withholding
4 224
27 060
-
-
total
4 224
27 060
-
-
Income
170 500
170 500
170 500
170 500
Total tax
55 641
59 455
73 231
57 829
After tax
114 859
111 045
97 269
112 671
Living cost
62 756
62 756
62 756
62 756
Free-cash
52 103
48 289
34 513
49 915

Estimated living cost  is ₽62756 per week

₽47024
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽7373
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.
₽7849
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽123641
₽133341
₽128935
₽130366
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
170 500
pensions

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

-
-
-
4 904
health
-
-
-
3 810
unemployment
-
-
-
133
income
-
-
-
25 575
total
-
-
-
34 422
Employee
16 468
-
163 999
-
accident

We are using the highest rate at 1.1%.

181
-
364
-
pensions

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

1 446
-
2 909
-
income
1 647
-
16 400
-
health
757
-
1 524
-
total
4 031
-
21 197
-
Employer
16 468
-
163 999
-
pensions

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

1 815
-
3 651
-
unemployment
98
-
199
-
accident

We are using the highest rate at 1.1%.

181
-
364
-
health
1 137
-
2 286
-
total
3 231
-
6 500
-
Corporate
150 800
170 500
-
-
income
15 080
17 050
-
-
total
15 080
17 050
-
-
Dividends
135 720
153 450
-
-
withholding
6 786
7 672
-
-
total
6 786
7 672
-
-
Income
170 500
170 500
170 500
170 500
Total tax
29 128
24 722
27 697
34 422
After tax
141 372
145 778
142 803
136 078
Living cost
12 437
12 437
12 437
12 437
Free-cash
128 935
133 341
130 366
123 641

Estimated living cost  is ₽12437 per week

₽7261
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽888
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽330
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3959
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽41269
₽31832
₽34220
₽54252
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
170 500
pensions
-
-
-
11 120
health
-
-
-
11 704
income
-
-
-
53 777
total
-
-
-
76 601
Employee
87 995
81 051
152 862
-
pensions
11 120
11 120
11 120
-
income

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

13 267
13 267
23 155
-
health
10 978
10 582
11 704
-
total
35 365
34 969
45 979
-
Employer
87 995
81 051
152 862
-
pensions
6 124
5 641
7 012
-
unemployment
3 168
2 918
3 626
-
health
6 115
5 634
7 001
-
total
15 407
14 193
17 639
-
Corporate
67 098
75 256
-
-
income
13 420
15 052
-
-
total
13 420
15 052
-
-
Dividends
53 678
60 204
-
-
withholding
8 051
9 031
-
-
income
11 407
12 793
-
-
total
19 458
21 824
-
-
Income
170 500
170 500
170 500
170 500
Total tax
83 650
86 038
63 618
76 601
After tax
86 850
84 462
106 882
93 899
Living cost
52 630
52 630
52 630
52 630
Free-cash
34 220
31 832
54 252
41 269

Estimated living cost  is ₽52630 per week

₽38823
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4701
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽603
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8503
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽72936
₽93808
₽85396
₽65412
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
170 500
health
-
-
-
23 018
social contributions
-
-
-
33 932
solidarity contribution
-
-
-
-
income
-
-
-
17 033
total
-
-
-
73 983
Employee
34 678
-
129 769
-
social contributions
2 254
-
7 553
-
income
4 161
-
15 705
-
solidarity contribution
-
-
-
-
health
4 682
-
17 519
-
total
11 097
-
40 777
-
Employer
34 678
-
129 769
-
social contributions
8 669
-
29 051
-
health
3 121
-
11 679
-
total
11 790
-
40 730
-
Corporate
124 032
170 500
-
-
income
23 566
32 395
-
-
total
23 566
32 395
-
-
Dividends
100 466
138 105
-
-
withholding
15 070
20 716
-
-
total
15 070
20 716
-
-
Income
170 500
170 500
170 500
170 500
Total tax
61 523
53 111
81 507
73 983
After tax
108 977
117 389
88 993
96 517
Living cost
23 581
23 581
23 581
23 581
Free-cash
85 396
93 808
65 412
72 936

Estimated living cost  is ₽23581 per week

₽16380
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.
₽464
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5060
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽41243
₽50920
₽45966
₽33541
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
170 500
municipal
-
-
-
1 014
regional
-
-
-
2 016
social contributions
-
-
-
43 852
national
-
-
-
42 326
total
-
-
-
89 208
Employee
84 352
-
170 500
-
social contributions
28 443
-
57 492
-
municipal
447
-
904
-
regional
796
-
1 780
-
national
14 616
-
36 734
-
total
44 302
-
96 910
-
Employer
84 352
-
170 500
-
total
-
-
-
-
Corporate
86 148
170 500
-
-
nationa
20 675
40 920
-
-
municipal
3 359
6 650
-
-
total
24 034
47 570
-
-
Dividends
62 114
122 930
-
-
withholding
16 149
31 961
-
-
total
16 149
31 961
-
-
Income
170 500
170 500
170 500
170 500
Total tax
84 485
79 531
96 910
89 208
After tax
86 015
90 969
73 590
81 292
Living cost
40 049
40 049
40 049
40 049
Free-cash
45 966
50 920
33 541
41 243

Estimated living cost  is ₽40049 per week

₽27917
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2626
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽614
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8890
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽59694
₽86301
₽83346
₽53892
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
170 500
pensions
-
-
-
25 335
health
-
-
-
8 993
surtax
-
-
-
7 466
other
-
-
-
-
unemployment
-
-
-
216
income
-
-
-
47 852
total
-
-
-
89 862
Employee
31 387
-
143 836
-
surtax
103
-
6 329
-
pensions
2 093
-
8 449
-
other
-
-
-
-
unemployment
2 185
-
8 817
-
income
5 261
-
42 175
-
health
802
-
3 229
-
total
10 444
-
68 999
-
Employer
31 387
-
143 836
-
pensions
4 184
-
16 886
-
other
-
-
-
-
unemployment
994
-
4 015
-
health
1 428
-
5 764
-
total
6 606
-
26 665
-
Corporate
132 507
170 500
-
-
income
34 452
44 329
-
-
total
34 452
44 329
-
-
Dividends
98 055
126 171
-
-
withholding
14 708
18 926
-
-
total
14 708
18 926
-
-
Income
170 500
170 500
170 500
170 500
Total tax
66 210
63 255
95 664
89 862
After tax
104 290
107 245
74 836
80 638
Living cost
20 944
20 944
20 944
20 944
Free-cash
83 346
86 301
53 892
59 694

Estimated living cost  is ₽20944 per week

₽12806
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1933
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽483
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5722
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽69798
₽68172
₽74371
₽54396
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
170 500
pensions
-
-
-
8 546
income
-
-
-
49 283
total
-
-
-
57 829
Employee
59 505
-
148 892
-
pensions
5 051
-
10 474
-
income
10 717
-
39 012
-
health
864
-
2 139
-
total
16 632
-
51 625
-
Employer
59 505
-
148 892
-
pensions
6 441
-
18 777
-
health
1 130
-
2 829
-
total
7 571
-
21 606
-
Corporate
103 424
170 500
-
-
income

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

19 651
32 395
-
-
total
19 651
32 395
-
-
Dividends
83 773
138 105
-
-
withholding
9 402
27 060
-
-
total
9 402
27 060
-
-
Income
170 500
170 500
170 500
170 500
Total tax
53 256
59 455
73 231
57 829
After tax
117 244
111 045
97 269
112 671
Living cost
42 873
42 873
42 873
42 873
Free-cash
74 371
68 172
54 396
69 798

Estimated living cost  is ₽42873 per week

₽32120
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3213
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.
₽7090
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽62330
₽2109
₽34564
₽54424
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
170 500
regional
-
-
-
8 323
city
-
-
-
1 796
pensions
-
-
-
15 686
health
-
-
-
384
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.

-
-
-
3 409
national
-
-
-
2 716
total
-
-
-
32 314
Employee
88 772
-
152 605
-
regional
2 907
-
7 175
-
national
420
-
2 032
-
pensions
7 458
-
12 818
-
unemployment
-
-
-
-
city
953
-
1 638
-
health
201
-
343
-
total
11 939
-
24 006
-
Employer
88 772
-
152 605
-
pensions
7 458
-
12 818
-
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.

1 775
-
3 053
-
unemployment
-
-
-
-
health
201
-
343
-
total
9 434
-
16 214
-
Corporate
71 319
170 500
-
-
regional
15 084
36 061
-
-
national
6 063
14 493
-
-
total
21 147
50 554
-
-
Dividends
50 172
119 946
-
-
withholding
17 560
41 981
-
-
total
17 560
41 981
-
-
Income
170 500
170 500
170 500
170 500
Total tax
60 080
92 535
40 220
32 314
After tax
110 420
77 965
130 280
138 186
Living cost
75 856
75 856
75 856
75 856
Free-cash
34 564
2 109
54 424
62 330

Estimated living cost  is ₽75856 per week

₽49328
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽6807
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽931
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽18789
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽42871
₽40757
₽56146
₽64544
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
170 500
trade
-
-
-
21 673
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.

-
-
-
6 484
surtax

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

-
-
-
2 920
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.

-
-
-
53 072
total
-
-
-
84 149
Employee

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

57 040
-
170 500
-
surtax

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

369
-
2 920
-
income

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

6 707
-
53 072
-
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.

6 484
-
6 484
-
total
13 560
-
62 476
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
113 460
170 500
-
-
trade
19 458
29 241
-
-
income
17 019
25 574
-
-
chamber of commerce
304
384
-
-
surtax

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

937
1 407
-
-
total
37 718
56 606
-
-
Dividends
75 742
113 894
-
-
withholding
18 575
28 112
-
-
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.

1 021
1 545
-
-
total
19 596
29 657
-
-
Income
170 500
170 500
170 500
170 500
Total tax
70 874
86 263
62 476
84 149
After tax
99 626
84 237
108 024
86 351
Living cost
43 480
43 480
43 480
43 480
Free-cash
56 146
40 757
64 544
42 871

Estimated living cost  is ₽43480 per week

₽31756
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3478
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽566
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7682
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽63556
₽53459
₽59067
₽60837
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
170 500
pensions
-
-
-
30 086
health
-
-
-
7 314
surtax
-
-
-
-
other
-
-
-
5 286
social contributions
-
-
-
4 858
income
-
-
-
26 928
total
-
-
-
74 472
Employee
40 621
-
131 931
-
social contributions
1 158
-
3 759
-
surtax
-
-
-
-
pensions
4 593
-
9 182
-
income
2 397
-
25 682
-
total
8 148
-
38 623
-
Employer
40 621
-
131 931
-
pensions
6 673
-
15 460
-
social contributions
122
-
396
-
other
1 401
-
5 150
-
unemployment
1 644
-
5 344
-
health
2 844
-
12 218
-
total
12 684
-
38 568
-
Corporate
117 194
170 500
-
-
income
32 815
47 741
-
-
surtax
-
-
-
-
total
32 815
47 741
-
-
Dividends
84 379
122 759
-
-
withholding
10 801
15 713
-
-
surtax
-
-
-
-
social contributions
14 513
21 115
-
-
total
25 314
36 828
-
-
Income
170 500
170 500
170 500
170 500
Total tax
78 961
84 569
77 191
74 472
After tax
91 539
85 931
93 309
96 028
Living cost
32 472
32 472
32 472
32 472
Free-cash
59 067
53 459
60 837
63 556

Estimated living cost  is ₽32472 per week

₽20475
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2640
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽553
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8806
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽66773
₽56676
₽61950
₽64054
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
170 500
pensions
-
-
-
30 086
health
-
-
-
7 314
surtax
-
-
-
-
other
-
-
-
5 286
social contributions
-
-
-
4 858
income
-
-
-
26 928
total
-
-
-
74 472
Employee
36 260
-
131 931
-
social contributions
1 034
-
3 759
-
surtax
-
-
-
-
pensions
4 101
-
9 182
-
income
1 870
-
25 682
-
total
7 005
-
38 623
-
Employer
36 260
-
131 931
-
pensions
5 958
-
15 460
-
social contributions
108
-
396
-
other
1 252
-
5 150
-
unemployment
1 468
-
5 344
-
health
2 538
-
12 218
-
total
11 324
-
38 568
-
Corporate
122 917
170 500
-
-
income
34 416
47 741
-
-
surtax
-
-
-
-
total
34 416
47 741
-
-
Dividends
88 501
122 759
-
-
withholding
11 327
15 713
-
-
surtax
-
-
-
-
social contributions
15 223
21 115
-
-
total
26 550
36 828
-
-
Income
170 500
170 500
170 500
170 500
Total tax
79 295
84 569
77 191
74 472
After tax
91 205
85 931
93 309
96 028
Living cost
29 255
29 255
29 255
29 255
Free-cash
61 950
56 676
64 054
66 773

Estimated living cost  is ₽29255 per week

₽16967
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2972
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽555
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8762
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽89372
₽83896
₽84388
₽85757
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
170 500
health
-
-
-
11 900
social contributions
-
-
-
23 528
income
-
-
-
25 574
total
-
-
-
61 002
Employee
32 181
-
170 500
-
social contributions
4 442
-
23 528
-
income
5 367
-
29 189
-
health
2 246
-
11 900
-
total
12 055
-
64 617
-
Employer
32 181
-
170 500
-
total
-
-
-
-
Corporate
138 319
170 500
-
-
income

The standard tax rate is 15%. However, small companies and agricultural companies can apply a reduced corporate income tax rate of 0% to the first year of operation when certain conditions are met; and 5% to revenues of less than €300,000 per year. We made calculations based on 5% and skipped 0%.

6 916
8 525
-
-
total
6 916
8 525
-
-
Dividends
131 403
161 975
-
-
withholding
19 710
24 295
-
-
social contributions
18 134
22 352
-
-
health
9 171
11 306
-
-
total
47 015
57 953
-
-
Income
170 500
170 500
170 500
170 500
Total tax
65 986
66 478
64 617
61 002
After tax
104 514
104 022
105 883
109 498
Living cost
20 126
20 126
20 126
20 126
Free-cash
84 388
83 896
85 757
89 372

Estimated living cost  is ₽20126 per week

₽13469
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1241
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽463
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4951
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽54073
₽60862
₽59395
₽11709
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
170 500
pensions
-
-
-
20 513
health
-
-
-
8 482
surtax
-
-
-
187
unemployment
-
-
-
5 821
income
-
-
-
47 298
chamber of commerce
-
-
-
683
total
-
-
-
82 984
Employee
47 433
37 824
136 531
-
pensions
4 858
3 872
11 354
-
other
474
378
1 109
-
unemployment
1 423
1 135
3 327
-
income
5 400
2 790
38 065
-
health
1 835
1 464
4 290
-
total
13 990
9 639
58 145
-
Employer
47 433
37 824
136 531
-
payroll
1 423
1 135
4 096
-
chamber of commerce
189
151
546
-
pensions
5 953
4 748
13 916
-
surtax
187
187
187
-
other
2 253
1 796
6 266
-
unemployment
1 423
1 135
3 327
-
accident
616
492
1 441
-
health
1 792
1 430
4 191
-
total
13 836
11 074
33 970
-
Corporate
109 231
121 603
132 928
-
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.

27 307
30 401
33 233
-
total
27 307
30 401
33 233
-
Dividends
81 924
91 202
-
-
withholding
22 529
25 081
-
-
total
22 529
25 081
-
-
Income
170 500
170 500
170 500
170 500
Total tax
77 662
76 195
125 348
82 984
After tax
92 838
94 305
45 152
87 516
Living cost
33 443
33 443
33 443
33 443
Free-cash
59 395
60 862
11 709
54 073

Estimated living cost  is ₽33443 per week

₽22305
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2853
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽549
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7736
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽39332
₽60741
₽46507
₽25239
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
170 500
social contributions
-
-
-
23 663
communal

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

-
-
-
8 811
national
-
-
-
64 088
total
-
-
-
96 562
Employee

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

67 891
-
132 060
-
national
20 872
-
48 068
-
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.

5 092
-
9 904
-
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.

591
-
1 149
-
communal

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

3 541
-
6 888
-
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.

3 190
-
6 207
-
total
33 286
-
72 216
-
Employer

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

67 891
-
132 060
-
pensions

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

6 016
-
11 700
-
surtax
7 698
-
14 975
-
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.

991
-
1 927
-
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.

883
-
1 716
-
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.

4 175
-
8 121
-
total
19 763
-
38 439
-
Corporate
82 847
170 500
-
-
income
16 569
34 101
-
-
surtax
331
683
-
-
total
16 900
34 784
-
-
Dividends
65 947
135 717
-
-
withholding

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

19 438
40 369
-
-
total
19 438
40 369
-
-
Income
170 500
170 500
170 500
170 500
Total tax
89 387
75 153
110 655
96 562
After tax
81 113
95 347
59 845
73 938
Living cost
34 606
34 606
34 606
34 606
Free-cash
46 507
60 741
25 239
39 332

Estimated living cost  is ₽34606 per week

₽22291
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3026
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽542
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8748
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽61372
₽79333
₽72830
₽57389
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
170 500
pensions
-
-
-
24 895
other
-
-
-
88
unemployment
-
-
-
616
accident
-
-
-
792
income
-
-
-
48 460
total
-
-
-
74 851
Employee
47 245
-
142 455
-
pensions
2 221
-
4 135
-
other
47
-
88
-
unemployment
733
-
1 363
-
income
9 968
-
45 202
-
total
12 969
-
50 788
-
Employer
47 245
-
142 455
-
pensions
11 149
-
20 762
-
other
376
-
704
-
unemployment
2 599
-
4 838
-
accident
935
-
1 742
-
total
15 059
-
28 046
-
Corporate
108 196
170 500
-
-
income

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

16 230
25 574
-
-
total
16 230
25 574
-
-
Dividends
91 966
144 926
-
-
withholding
19 135
31 316
-
-
total
19 135
31 316
-
-
Income
170 500
170 500
170 500
170 500
Total tax
63 393
56 890
78 834
74 851
After tax
107 107
113 610
91 666
95 649
Living cost
34 277
34 277
34 277
34 277
Free-cash
72 830
79 333
57 389
61 372

Estimated living cost  is ₽34277 per week

₽25241
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2432
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽494
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6109
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽32346
₽47932
₽35694
₽39142
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
170 500
pensions
-
-
-
25 556
health
-
-
-
11 979
surtax
-
-
-
8 453
accident
-
-
-
1 437
communal
-
-
-
10 776
income
-
-
-
28 374
total
-
-
-
86 575
Employee
71 876
-
152 300
-
surtax
4 406
-
9 333
-
pensions
5 749
-
12 185
-
income
6 942
-
33 282
-
health
3 199
-
6 778
-
total
20 296
-
61 578
-
Employer
71 876
-
152 300
-
pensions
5 749
-
12 185
-
accident
647
-
1 371
-
health
2 192
-
4 645
-
total
8 588
-
18 201
-
Corporate
90 036
170 500
-
-
communal
6 077
11 509
-
-
income
13 505
25 574
-
-
surtax
946
1 790
-
-
total
20 528
38 873
-
-
Dividends
69 509
131 626
-
-
withholding
10 427
19 744
-
-
income
23 388
12 372
-
-
total
33 815
32 116
-
-
Income
170 500
170 500
170 500
170 500
Total tax
83 227
70 989
79 779
86 575
After tax
87 273
99 511
90 721
83 925
Living cost
51 579
51 579
51 579
51 579
Free-cash
35 694
47 932
39 142
32 346

Estimated living cost  is ₽51579 per week

₽38692
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3125
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽546
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9215
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽59320
₽85927
₽82908
₽53518
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
170 500
pensions
-
-
-
25 335
health
-
-
-
8 993
surtax
-
-
-
7 466
other
-
-
-
-
unemployment
-
-
-
216
income
-
-
-
47 852
total
-
-
-
89 862
Employee
31 963
-
143 836
-
surtax
113
-
6 329
-
pensions
2 133
-
8 449
-
other
-
-
-
-
unemployment
2 224
-
8 817
-
income
5 358
-
42 175
-
health
816
-
3 229
-
total
10 644
-
68 999
-
Employer
31 963
-
143 836
-
pensions
4 261
-
16 886
-
other
-
-
-
-
unemployment
1 014
-
4 015
-
health
1 454
-
5 764
-
total
6 729
-
26 665
-
Corporate
131 808
170 500
-
-
income
34 270
44 329
-
-
total
34 270
44 329
-
-
Dividends
97 538
126 171
-
-
withholding
14 631
18 926
-
-
total
14 631
18 926
-
-
Income
170 500
170 500
170 500
170 500
Total tax
66 274
63 255
95 664
89 862
After tax
104 226
107 245
74 836
80 638
Living cost
21 318
21 318
21 318
21 318
Free-cash
82 908
85 927
53 518
59 320

Estimated living cost  is ₽21318 per week

₽12871
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1853
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽495
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6100
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽55170
₽64052
₽61943
₽47509
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
170 500
municipal
-
-
-
1 014
regional
-
-
-
2 571
social contributions
-
-
-
43 852
national
-
-
-
42 326
total
-
-
-
89 763
Employee
52 649
-
170 500
-
social contributions
17 754
-
57 492
-
municipal
279
-
904
-
regional
709
-
2 294
-
national
8 341
-
36 734
-
total
27 083
-
97 424
-
Employer
52 649
-
170 500
-
total
-
-
-
-
Corporate
117 851
170 500
-
-
nationa
28 285
40 920
-
-
municipal
5 857
8 474
-
-
total
34 142
49 394
-
-
Dividends
83 709
121 106
-
-
withholding
21 765
31 487
-
-
total
21 765
31 487
-
-
Income
170 500
170 500
170 500
170 500
Total tax
82 990
80 881
97 424
89 763
After tax
87 510
89 619
73 076
80 737
Living cost
25 567
25 567
25 567
25 567
Free-cash
61 943
64 052
47 509
55 170

Estimated living cost  is ₽25567 per week

₽15900
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2590
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽438
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6639
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽67459
₽88331
₽77964
₽59935
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
170 500
health
-
-
-
23 018
social contributions
-
-
-
33 932
solidarity contribution
-
-
-
-
income
-
-
-
17 033
total
-
-
-
73 983
Employee
42 732
-
129 769
-
social contributions
2 778
-
7 553
-
income
5 128
-
15 705
-
solidarity contribution
-
-
-
-
health
5 769
-
17 519
-
total
13 675
-
40 777
-
Employer
42 732
-
129 769
-
social contributions
10 683
-
29 051
-
health
3 846
-
11 679
-
total
14 529
-
40 730
-
Corporate
113 239
170 500
-
-
income
21 515
32 395
-
-
total
21 515
32 395
-
-
Dividends
91 724
138 105
-
-
withholding
13 759
20 716
-
-
total
13 759
20 716
-
-
Income
170 500
170 500
170 500
170 500
Total tax
63 478
53 111
81 507
73 983
After tax
107 022
117 389
88 993
96 517
Living cost
29 058
29 058
29 058
29 058
Free-cash
77 964
88 331
59 935
67 459

Estimated living cost  is ₽29058 per week

₽21609
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1610
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽503
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5336
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽57423
₽64127
₽63656
₽14919
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
170 500
pensions
-
-
-
20 513
health
-
-
-
8 482
surtax
-
-
-
-
unemployment
-
-
-
5 821
income
-
-
-
47 298
chamber of commerce
-
-
-
683
total
-
-
-
82 797
Employee
41 489
37 824
136 704
-
pensions
4 249
3 872
11 354
-
other
414
378
1 109
-
unemployment
1 245
1 135
3 327
-
income
3 696
2 790
38 148
-
health
1 605
1 464
4 290
-
total
11 209
9 639
58 228
-
Employer
41 489
37 824
136 704
-
payroll
1 245
1 135
4 101
-
chamber of commerce
166
151
548
-
pensions
5 207
4 748
13 916
-
surtax
-
-
-
-
other
1 970
1 796
6 273
-
unemployment
1 245
1 135
3 327
-
accident
539
492
1 441
-
health
1 569
1 430
4 191
-
total
11 941
10 887
33 797
-
Corporate
117 072
121 790
133 101
-
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.

29 268
30 448
33 276
-
total
29 268
30 448
33 276
-
Dividends
87 803
91 342
-
-
withholding
24 146
25 119
-
-
total
24 146
25 119
-
-
Income
170 500
170 500
170 500
170 500
Total tax
76 564
76 093
125 301
82 797
After tax
93 936
94 407
45 199
87 703
Living cost
30 280
30 280
30 280
30 280
Free-cash
63 656
64 127
14 919
57 423

Estimated living cost  is ₽30280 per week

₽18164
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3093
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.
₽8483
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽156695
₽149875
₽147606
₽124300
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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%.

-
-
-
170 500
microenterprise

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

-
-
-
1 705
total
-
-
-
1 705
Employee
15 125
-
170 500
-
income
3 025
-
34 100
-
total
3 025
-
34 100
-
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%.

155 375
170 500
-
-
total
-
-
-
-
Dividends
155 375
170 500
-
-
withholding
7 769
8 525
-
-
total
7 769
8 525
-
-
Income
170 500
170 500
170 500
170 500
Total tax
10 794
8 525
34 100
1 705
After tax
159 706
161 975
136 400
168 795
Living cost
12 100
12 100
12 100
12 100
Free-cash
147 606
149 875
124 300
156 695

Estimated living cost  is ₽12100 per week

₽8188
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽508
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽406
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2998
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽57647
₽91931
₽83993
₽53133
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
170 500
pensions
-
-
-
31 138
health
-
-
-
16 778
unemployment
-
-
-
256
income
-
-
-
39 224
total
-
-
-
87 396
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.

41 970
-
147 530
-
pensions
6 506
-
22 867
-
unemployment
59
-
207
-
income
7 238
-
36 337
-
health
2 711
-
9 530
-
total
16 514
-
68 941
-
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.

41 970
-
147 530
-
pensions
3 714
-
13 056
-
unemployment
25
-
88
-
health
2 795
-
9 825
-
total
6 534
-
22 969
-
Corporate
121 995
170 500
-
-
income
23 179
32 395
-
-
total
23 179
32 395
-
-
Dividends
98 817
138 105
-
-
withholding
14 823
20 717
-
-
total
14 823
20 717
-
-
Income
170 500
170 500
170 500
170 500
Total tax
61 050
53 112
91 910
87 396
After tax
109 450
117 388
78 590
83 104
Living cost
25 457
25 457
25 457
25 457
Free-cash
83 993
91 931
53 133
57 647

Estimated living cost  is ₽25457 per week

₽17471
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1632
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽494
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5863
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽76390
₽62294
₽16613
₽116428
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
170 500
social contributions
-
-
-
19 437
income
-
-
-
33 234
total
-
-
-
52 671
Employee
59 417
-
-
-
social contributions
4 872
-
694
-
income
13 106
-
-
-
total
17 978
-
694
-
Employer
59 417
-
-
-
social contributions
83 778
-
11 940
-
total
83 778
-
11 940
-
Corporate
27 305
170 500
-
-
income
6 007
37 510
-
-
total
6 007
37 510
-
-
Dividends
21 298
132 990
-
-
income
4 686
29 258
-
-
total
4 686
29 258
-
-
Income
170 500
170 500
170 500
170 500
Total tax
112 449
66 768
12 634
52 671
After tax
58 051
103 732
157 866
117 829
Living cost
41 438
41 438
41 438
41 438
Free-cash
16 613
62 294
116 428
76 390

Estimated living cost  is ₽41438 per week

₽26887
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3897
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽528
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10126
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽61327
₽67210
₽66254
₽48400
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
170 500
surtax
-
-
-
-
social contributions

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

-
-
-
59 248
income
-
-
-
20 154
total
-
-
-
79 402
Employee
43 652
-
137 777
-
social contributions
4 802
-
15 155
-
surtax
-
-
-
-
income
9 080
-
44 451
-
total
13 882
-
59 606
-
Employer
43 652
-
137 777
-
social contributions
10 367
-
32 723
-
total
10 367
-
32 723
-
Corporate
116 481
170 500
-
-
income
24 461
35 805
-
-
surtax
-
-
-
-
total
24 461
35 805
-
-
Dividends
92 020
134 695
-
-
withholding
25 765
37 714
-
-
total
25 765
37 714
-
-
Income
170 500
170 500
170 500
170 500
Total tax
74 475
73 519
92 329
79 402
After tax
96 025
96 981
78 171
91 098
Living cost
29 771
29 771
29 771
29 771
Free-cash
66 254
67 210
48 400
61 327

Estimated living cost  is ₽29771 per week

₽22275
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1756
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽497
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5243
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Lisbon model

Close
Paris , France
₽50187
₽40090
₽46616
₽47468
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
170 500
pensions
-
-
-
30 086
health
-
-
-
7 314
surtax
-
-
-
-
other
-
-
-
5 286
social contributions
-
-
-
4 858
income
-
-
-
26 928
total
-
-
-
74 472
Employee
59 445
-
131 931
-
social contributions
1 693
-
3 759
-
surtax
-
-
-
-
pensions
6 724
-
9 182
-
income
5 187
-
25 682
-
total
13 604
-
38 623
-
Employer
59 445
-
131 931
-
pensions
9 768
-
15 460
-
social contributions
178
-
396
-
other
2 051
-
5 150
-
unemployment
2 408
-
5 344
-
health
4 161
-
12 218
-
total
18 566
-
38 568
-
Corporate
92 489
170 500
-
-
income
25 897
47 741
-
-
surtax
-
-
-
-
total
25 897
47 741
-
-
Dividends
66 592
122 759
-
-
withholding
8 523
15 713
-
-
surtax
-
-
-
-
social contributions
11 453
21 115
-
-
total
19 976
36 828
-
-
Income
170 500
170 500
170 500
170 500
Total tax
78 043
84 569
77 191
74 472
After tax
92 457
85 931
93 309
96 028
Living cost
45 841
45 841
45 841
45 841
Free-cash
46 616
40 090
47 468
50 187

Estimated living cost  is ₽45841 per week

₽31024
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3750
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽629
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10438
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽96924
₽124921
₽121731
₽101454
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
170 500
social contributions
-
-
-
37 510
income
-
-
-
7 536
total
-
-
-
45 046
Employee
30 513
-
147 618
-
social contributions
1 983
-
9 596
-
income
-
-
8 038
-
total
1 983
-
17 634
-
Employer
30 513
-
147 618
-
social contributions
4 730
-
22 882
-
total
4 730
-
22 882
-
Corporate
135 257
170 500
-
-
income
13 526
17 049
-
-
total
13 526
17 049
-
-
Dividends
121 731
153 451
-
-
total
-
-
-
-
Income
170 500
170 500
170 500
170 500
Total tax
20 239
17 049
40 516
45 046
After tax
150 261
153 451
129 984
125 454
Living cost
28 530
28 530
28 530
28 530
Free-cash
121 731
124 921
101 454
96 924

Estimated living cost  is ₽28530 per week

₽18447
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2151
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽537
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7395
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽54699
-₽36041
-₽36041
-₽36041
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
170 500
municipal
-
-
-
35 621
pensions
-
-
-
822
labour market
-
-
-
13 574
national
-
-
-
20 130
total
-
-
-
70 147
Employee
192 696
192 696
192 696
-
municipal
41 033
41 033
41 033
-
national
23 541
23 541
23 541
-
pensions
274
274
274
-
labour market
15 394
15 394
15 394
-
total
80 242
80 242
80 242
-
Employer
192 696
192 696
192 696
-
labour market
15 416
15 416
15 416
-
pensions
548
548
548
-
municipal
41 099
41 099
41 099
-
national
23 582
23 582
23 582
-
total
80 645
80 645
80 645
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
170 500
170 500
170 500
170 500
Total tax
160 887
160 887
160 887
70 147
After tax
9 613
9 613
9 613
100 353
Living cost
45 654
45 654
45 654
45 654
Free-cash
-36 041
-36 041
-36 041
54 699

Estimated living cost  is ₽45654 per week

₽31246
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4039
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽702
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9667
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽95663
-₽7078
₽10606
₽71749
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
170 500
pensions
-
-
-
4 010
health
-
-
-
2 102
other
-
-
-
357
accident
-
-
-
243
income
-
-
-
47 236
total
-
-
-
53 948
Employee
32 860
-
153 556
-
pensions
3 700
-
7 353
-
income
4 508
-
35 983
-
health
3 763
-
17 582
-
total
11 971
-
60 918
-
Employer
32 860
-
153 556
-
pensions
5 343
-
10 618
-
unemployment
805
-
3 762
-
accident
549
-
2 564
-
total
6 697
-
16 944
-
Corporate
130 943
170 500
-
-
income

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

117 849
153 450
-
-
total
117 849
153 450
-
-
Dividends
13 094
17 050
-
-
withholding
2 488
3 239
-
-
total
2 488
3 239
-
-
Income
170 500
170 500
170 500
170 500
Total tax
139 005
156 689
77 862
53 948
After tax
31 495
13 811
92 638
116 552
Living cost
20 889
20 889
20 889
20 889
Free-cash
10 606
-7 078
71 749
95 663

Estimated living cost  is ₽20889 per week

₽15205
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1191
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽392
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4101
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽73051
₽70191
₽72659
₽52792
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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

-
-
-
170 500
municipal
-
-
-
30 288
health
-
-
-
2 230
national
-
-
-
28 492
total
-
-
-
61 010
Employee
49 935
-
143 433
-
municipal
8 179
-
23 362
-
national
825
-
17 195
-
pensions
3 370
-
9 681
-
unemployment
749
-
2 152
-
health
373
-
1 812
-
total
13 496
-
54 202
-
Employer
49 935
-
143 433
-
pensions
8 663
-
24 886
-
unemployment
324
-
933
-
accident
50
-
144
-
health
384
-
1 104
-
total
9 421
-
27 067
-
Corporate
111 143
170 500
-
-
income
22 230
34 101
-
-
total
22 230
34 101
-
-
Dividends

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

66 685
102 299
-
-
municipal
12 003
18 415
-
-
national
4 252
11 354
-
-
total
16 255
29 769
-
-
Income
170 500
170 500
170 500
170 500
Total tax
61 402
63 870
81 269
61 010
After tax
109 098
106 630
89 231
109 490
Living cost
36 439
36 439
36 439
36 439
Free-cash
72 659
70 191
52 792
73 051

Estimated living cost  is ₽36439 per week

₽23802
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3505
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽580
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8554
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details 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
₽94396
₽102395
₽97231
₽92906
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
170 500
health
-
-
-
4 348
social contributions
-
-
-
15 356
income
-
-
-
34 425
total
-
-
-
54 129
Employee
72 983
72 983
159 382
-
social contributions
2 759
6 057
8 170
-
income
7 947
6 756
33 622
-
health
566
1 241
2 709
-
total
11 272
14 054
44 501
-
Employer
72 983
72 983
159 382
-
social contributions
2 759
6 057
8 170
-
health
614
1 351
2 948
-
total
3 373
7 408
11 118
-
Corporate
133 880
90 109
-
-
income
16 734
11 264
-
-
total
16 734
11 264
-
-
Dividends
117 146
78 845
-
-
withholding
19 915
13 404
-
-
total
19 915
13 404
-
-
Income
170 500
170 500
170 500
170 500
Total tax
51 294
46 130
55 619
54 129
After tax
119 206
124 370
114 881
116 371
Living cost
21 975
21 975
21 975
21 975
Free-cash
97 231
102 395
92 906
94 396

Estimated living cost  is ₽21975 per week

₽13170
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2156
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.
₽6163
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽128558
₽126121
₽121293
₽109521
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
170 500
pensions
-
-
-
6 037
health
-
-
-
3 435
unemployment
-
-
-
27
income
-
-
-
17 374
total
-
-
-
26 873
Employee

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

21 785
-
161 224
-
pensions
3 267
-
13 508
-
unemployment
108
-
450
-
income
1 490
-
15 022
-
health
1 852
-
7 655
-
total
6 717
-
36 635
-
Employer

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

21 785
-
161 224
-
pensions
1 198
-
4 953
-
unemployment
108
-
450
-
health
937
-
3 872
-
total
2 243
-
9 275
-
Corporate
146 472
170 500
-
-
income
13 182
15 346
-
-
total
13 182
15 346
-
-
Dividends
133 290
155 154
-
-
withholding
11 996
13 964
-
-
total
11 996
13 964
-
-
Income
170 500
170 500
170 500
170 500
Total tax
34 138
29 310
45 910
26 873
After tax
136 362
141 190
124 590
143 627
Living cost
15 069
15 069
15 069
15 069
Free-cash
121 293
126 121
109 521
128 558

Estimated living cost  is ₽15069 per week

₽9614
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1086
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.
₽3919
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽69549
₽87510
₽83317
₽65566
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
170 500
pensions
-
-
-
24 895
other
-
-
-
88
unemployment
-
-
-
616
accident
-
-
-
792
income
-
-
-
48 460
total
-
-
-
74 851
Employee
35 094
-
142 455
-
pensions
1 650
-
4 135
-
other
34
-
88
-
unemployment
544
-
1 363
-
income
6 766
-
45 202
-
total
8 994
-
50 788
-
Employer
35 094
-
142 455
-
pensions
8 282
-
20 762
-
other
281
-
704
-
unemployment
1 931
-
4 838
-
accident
695
-
1 742
-
total
11 189
-
28 046
-
Corporate
124 217
170 500
-
-
income

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

18 633
25 574
-
-
total
18 633
25 574
-
-
Dividends
105 584
144 926
-
-
withholding
22 267
31 316
-
-
total
22 267
31 316
-
-
Income
170 500
170 500
170 500
170 500
Total tax
61 083
56 890
78 834
74 851
After tax
109 417
113 610
91 666
95 649
Living cost
26 100
26 100
26 100
26 100
Free-cash
83 317
87 510
65 566
69 549

Estimated living cost  is ₽26100 per week

₽17617
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2509
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽457
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5517
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽107890
₽104543
₽104238
₽107759
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
170 500
pensions
-
-
-
1 349
health
-
-
-
978
income
-
-
-
58 434
total
-
-
-
60 761
Employee
2 817
-
168 982
-
pensions
254
-
607
-
unemployment
28
-
67
-
income
545
-
58 363
-
health
141
-
337
-
total
968
-
59 374
-
Employer
2 817
-
168 982
-
pensions
310
-
742
-
unemployment
56
-
135
-
health
268
-
641
-
total
634
-
1 518
-
Corporate
167 049
170 500
-
-
income
36 751
37 510
-
-
total
36 751
37 510
-
-
Dividends
130 298
132 990
-
-
withholding
26 060
26 598
-
-
total
26 060
26 598
-
-
Income
170 500
170 500
170 500
170 500
Total tax
64 413
64 108
60 892
60 761
After tax
106 087
106 392
109 608
109 739
Living cost
1 849
1 849
1 849
1 849
Free-cash
104 238
104 543
107 759
107 890

Estimated living cost  is ₽1849 per week

₽1099
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽150
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽42
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽558
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽88933
₽106782
₽102115
₽88935
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
170 500
pensions
-
-
-
18 227
health
-
-
-
7 221
unemployment
-
-
-
1 052
income
-
-
-
38 663
total
-
-
-
65 163
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.

24 737
-
157 952
-
pensions
3 463
-
9 814
-
unemployment
186
-
526
-
income
3 410
-
38 663
-
health
1 274
-
3 610
-
total
8 333
-
52 613
-
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.

24 737
-
157 952
-
pensions
2 968
-
8 412
-
unemployment
186
-
526
-
health
1 274
-
3 610
-
total
4 428
-
12 548
-
Corporate
141 335
170 500
-
-
income
21 200
25 575
-
-
total
21 200
25 575
-
-
Dividends
120 135
144 925
-
-
withholding
18 020
21 739
-
-
total
18 020
21 739
-
-
Income
170 500
170 500
170 500
170 500
Total tax
51 981
47 314
65 161
65 163
After tax
118 519
123 186
105 339
105 337
Living cost
16 404
16 404
16 404
16 404
Free-cash
102 115
106 782
88 935
88 933

Estimated living cost  is ₽16404 per week

₽11045
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1269
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽475
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3616
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽65511
₽71394
₽71051
₽52584
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
170 500
surtax
-
-
-
-
social contributions

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

-
-
-
59 248
income
-
-
-
20 154
total
-
-
-
79 402
Employee
36 837
-
137 777
-
social contributions
4 053
-
15 155
-
surtax
-
-
-
-
income
7 198
-
44 451
-
total
11 251
-
59 606
-
Employer
36 837
-
137 777
-
social contributions
8 748
-
32 723
-
total
8 748
-
32 723
-
Corporate
124 915
170 500
-
-
income
26 232
35 805
-
-
surtax
-
-
-
-
total
26 232
35 805
-
-
Dividends
98 683
134 695
-
-
withholding
27 631
37 714
-
-
total
27 631
37 714
-
-
Income
170 500
170 500
170 500
170 500
Total tax
73 862
73 519
92 329
79 402
After tax
96 638
96 981
78 171
91 098
Living cost
25 588
25 588
25 588
25 588
Free-cash
71 051
71 394
52 584
65 511

Estimated living cost  is ₽25588 per week

₽18123
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1778
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.
₽5234
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽62293
₽80254
₽74042
₽58310
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
170 500
pensions
-
-
-
24 895
other
-
-
-
88
unemployment
-
-
-
616
accident
-
-
-
792
income
-
-
-
48 460
total
-
-
-
74 851
Employee
45 838
-
142 455
-
pensions
2 154
-
4 135
-
other
45
-
88
-
unemployment
710
-
1 363
-
income
9 574
-
45 202
-
total
12 483
-
50 788
-
Employer
45 838
-
142 455
-
pensions
10 818
-
20 762
-
other
367
-
704
-
unemployment
2 522
-
4 838
-
accident
908
-
1 742
-
total
14 615
-
28 046
-
Corporate
110 048
170 500
-
-
income

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

16 507
25 574
-
-
total
16 507
25 574
-
-
Dividends
93 540
144 926
-
-
withholding
19 497
31 316
-
-
total
19 497
31 316
-
-
Income
170 500
170 500
170 500
170 500
Total tax
63 102
56 890
78 834
74 851
After tax
107 398
113 610
91 666
95 649
Living cost
33 356
33 356
33 356
33 356
Free-cash
74 042
80 254
58 310
62 293

Estimated living cost  is ₽33356 per week

₽23955
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2594
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽470
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6338
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽119760
₽129460
₽123680
₽126485
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
170 500
pensions

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

-
-
-
4 904
health
-
-
-
3 810
unemployment
-
-
-
133
income
-
-
-
25 575
total
-
-
-
34 422
Employee
21 607
-
163 999
-
accident

We are using the highest rate at 1.1%.

237
-
364
-
pensions

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

1 897
-
2 909
-
income
2 161
-
16 400
-
health
994
-
1 524
-
total
5 289
-
21 197
-
Employer
21 607
-
163 999
-
pensions

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

2 381
-
3 651
-
unemployment
130
-
199
-
accident

We are using the highest rate at 1.1%.

237
-
364
-
health
1 491
-
2 286
-
total
4 239
-
6 500
-
Corporate
144 653
170 500
-
-
income
14 465
17 050
-
-
total
14 465
17 050
-
-
Dividends
130 188
153 450
-
-
withholding
6 509
7 672
-
-
total
6 509
7 672
-
-
Income
170 500
170 500
170 500
170 500
Total tax
30 502
24 722
27 697
34 422
After tax
139 998
145 778
142 803
136 078
Living cost
16 318
16 318
16 318
16 318
Free-cash
123 680
129 460
126 485
119 760

Estimated living cost  is ₽16318 per week

₽10793
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽934
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽389
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4203
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽53247
₽51099
₽63514
₽71381
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
170 500
trade
-
-
-
18 134
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.

-
-
-
6 484
surtax

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

-
-
-
2 920
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.

-
-
-
53 072
total
-
-
-
80 610
Employee

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

47 224
-
170 500
-
surtax

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

214
-
2 920
-
income

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

3 883
-
53 072
-
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.

6 484
-
6 484
-
total
10 581
-
62 476
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
123 276
170 500
-
-
trade
17 691
24 467
-
-
income
18 492
25 574
-
-
chamber of commerce
324
394
-
-
surtax

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

1 018
1 407
-
-
total
37 525
51 842
-
-
Dividends
85 751
118 658
-
-
withholding
21 077
29 304
-
-
surtax

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

1 160
1 612
-
-
total
22 237
30 916
-
-
Income
170 500
170 500
170 500
170 500
Total tax
70 343
82 758
62 476
80 610
After tax
100 157
87 742
108 024
89 890
Living cost
36 643
36 643
36 643
36 643
Free-cash
63 514
51 099
71 381
53 247

Estimated living cost  is ₽36643 per week

₽25277
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3943
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.
₽6891
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽35399
₽65284
₽67379
₽35399
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
170 500
social contributions
-
-
-
28 523
income
-
-
-
52 512
total
-
-
-
81 035
Employee
74 242
-
170 500
-
social contributions
6 168
-
28 523
-
income
14 009
-
52 512
-
total
20 177
-
81 035
-
Employer
74 242
-
170 500
-
total
-
-
-
-
Corporate
96 258
170 500
-
-
income
12 032
21 313
-
-
total
12 032
21 313
-
-
Dividends
84 226
149 187
-
-
withholding
16 846
29 837
-
-
total
16 846
29 837
-
-
Income
170 500
170 500
170 500
170 500
Total tax
49 055
51 150
81 035
81 035
After tax
121 445
119 350
89 465
89 465
Living cost
54 066
54 066
54 066
54 066
Free-cash
67 379
65 284
35 399
35 399

Estimated living cost  is ₽54066 per week

₽41132
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4406
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽517
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8011
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽103202
₽71358
₽74675
₽86573
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
170 500
health

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

-
-
-
5 828
income
-
-
-
27 017
total
-
-
-
32 845
Employee
43 540
-
166 134
-
social contributions
4 362
-
4 366
-
income
4 724
-
40 742
-
total
9 086
-
45 108
-
Employer
43 540
-
166 134
-
social contributions
4 362
-
4 366
-
total
4 362
-
4 366
-
Corporate
122 598
170 500
-
-
income
42 910
59 675
-
-
total
42 910
59 675
-
-
Dividends
79 688
110 825
-
-
social contributions
5 014
5 014
-
-
total
5 014
5 014
-
-
Income
170 500
170 500
170 500
170 500
Total tax
61 372
64 689
49 474
32 845
After tax
109 128
105 811
121 026
137 655
Living cost
34 453
34 453
34 453
34 453
Free-cash
74 675
71 358
86 573
103 202

Estimated living cost  is ₽34453 per week

₽22694
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2716
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽528
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8514
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽77817
₽76191
₽81747
₽62415
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
170 500
pensions
-
-
-
8 546
income
-
-
-
49 283
total
-
-
-
57 829
Employee
47 843
-
148 892
-
pensions
3 652
-
10 474
-
income
8 713
-
39 012
-
health
624
-
2 139
-
total
12 989
-
51 625
-
Employer
47 843
-
148 892
-
pensions
4 834
-
18 777
-
health
909
-
2 829
-
total
5 743
-
21 606
-
Corporate
116 915
170 500
-
-
income

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

22 213
32 395
-
-
total
22 213
32 395
-
-
Dividends
94 701
138 105
-
-
withholding
12 954
27 060
-
-
total
12 954
27 060
-
-
Income
170 500
170 500
170 500
170 500
Total tax
53 899
59 455
73 231
57 829
After tax
116 601
111 045
97 269
112 671
Living cost
34 854
34 854
34 854
34 854
Free-cash
81 747
76 191
62 415
77 817

Estimated living cost  is ₽34854 per week

₽23910
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3205
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.
₽7301
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽93595
-₽9146
₽10290
₽69681
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
170 500
pensions
-
-
-
4 010
health
-
-
-
2 102
other
-
-
-
357
accident
-
-
-
243
income
-
-
-
47 236
total
-
-
-
53 948
Employee
36 113
-
153 556
-
pensions
4 066
-
7 353
-
income
4 954
-
35 983
-
health
4 135
-
17 582
-
total
13 155
-
60 918
-
Employer
36 113
-
153 556
-
pensions
5 872
-
10 618
-
unemployment
885
-
3 762
-
accident
603
-
2 564
-
total
7 360
-
16 944
-
Corporate
127 028
170 500
-
-
income

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

114 325
153 450
-
-
total
114 325
153 450
-
-
Dividends
12 703
17 050
-
-
withholding
2 413
3 239
-
-
total
2 413
3 239
-
-
Income
170 500
170 500
170 500
170 500
Total tax
137 253
156 689
77 862
53 948
After tax
33 247
13 811
92 638
116 552
Living cost
22 957
22 957
22 957
22 957
Free-cash
10 290
-9 146
69 681
93 595

Estimated living cost  is ₽22957 per week

₽16848
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1338
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.
₽4309
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽87811
₽130664
₽126226
₽108667
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
170 500
pensions
-
-
-
27 911
health insurance
-
-
-
11 225
work injury
-
-
-
758
unemployment
-
-
-
1 820
income
-
-
-
28 163
total
-
-
-
69 877
Employee

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

20 500
-
170 500
-
pensions
3 772
-
13 956
-
health insurance
1 517
-
5 613
-
unemployment
246
-
910
-
income
2 050
-
28 163
-
work injury
102
-
379
-
total
7 687
-
49 021
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
150 000
170 500
-
-
income

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

1 500
1 705
-
-
total
1 500
1 705
-
-
Dividends
148 500
168 795
-
-
withholding
22 275
25 319
-
-
total
22 275
25 319
-
-
Income
170 500
170 500
170 500
170 500
Total tax
31 462
27 024
49 021
69 877
After tax
139 038
143 476
121 479
100 623
Living cost
12 812
12 812
12 812
12 812
Free-cash
126 226
130 664
108 667
87 811

Estimated living cost  is ₽12812 per week

₽7937
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽931
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽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.
₽3544
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽41462
₽51996
₽47682
₽33977
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
170 500
municipal
-
-
-
1 140
regional
-
-
-
3 909
social contributions
-
-
-
43 852
national
-
-
-
42 326
total
-
-
-
91 227
Employee
79 979
-
170 500
-
social contributions
26 968
-
57 492
-
municipal
477
-
1 018
-
regional
1 207
-
3 468
-
national
13 516
-
36 734
-
total
42 168
-
98 712
-
Employer
79 979
-
170 500
-
total
-
-
-
-
Corporate
90 521
170 500
-
-
nationa
21 725
40 920
-
-
municipal
4 362
8 219
-
-
total
26 087
49 139
-
-
Dividends
64 434
121 362
-
-
withholding
16 752
31 554
-
-
total
16 752
31 554
-
-
Income
170 500
170 500
170 500
170 500
Total tax
85 007
80 693
98 712
91 227
After tax
85 493
89 807
71 788
79 273
Living cost
37 811
37 811
37 811
37 811
Free-cash
47 682
51 996
33 977
41 462

Estimated living cost  is ₽37811 per week

₽26559
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2601
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽571
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8078
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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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