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
₽79310
₽57300
₽59392
₽67776
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
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.

-
-
-
6 471
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.

-
-
-
53 108
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.

-
-
-
2 921
trade
-
-
-
19 918
total
-
-
-
82 418
Employee

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

36 228
-
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
-
2 921
-
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.

1 012
-
53 108
-
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.

6 471
-
6 471
-
total
7 539
-
62 500
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
134 272
170 500
-
-
chamber of commerce
336
388
-
-
surtax

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

1 107
1 407
-
-
trade
21 147
26 854
-
-
income
20 141
25 574
-
-
total
42 731
54 223
-
-
Dividends
91 540
116 276
-
-
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.

1 238
1 578
-
-
withholding
22 526
28 709
-
-
total
23 764
30 287
-
-
Income
170 500
170 500
170 500
170 500
Total tax
74 034
84 510
62 500
82 418
After tax
96 466
85 990
108 000
88 082
Living cost
28 690
28 690
28 690
28 690
Free-cash
67 776
57 300
79 310
59 392

Estimated living cost  is ₽28690 per week

₽18047
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3345
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽536
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6762
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽51799
₽56440
₽50689
₽55610
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
1 833
pensions
-
-
-
20 460
national
-
-
-
28 910
municipal
-
-
-
18 656
total
-
-
-
69 859
Employee
77 435
-
147 396
-
municipal
9 565
-
19 316
-
national
14 821
-
30 160
-
pensions
3 097
-
5 896
-
total
27 483
-
55 372
-
Employer
77 435
-
147 396
-
pensions
6 195
-
11 792
-
social contributions
832
-
1 585
-
total
7 027
-
13 377
-
Corporate
80 927
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%.

16 185
34 100
-
-
total
16 185
34 100
-
-
Dividends
64 741
136 400
-
-
withholding
14 243
30 008
-
-
total
14 243
30 008
-
-
Income
170 500
170 500
170 500
170 500
Total tax
64 938
64 108
68 749
69 859
After tax
105 562
106 392
101 751
100 641
Living cost
49 952
49 952
49 952
49 952
Free-cash
55 610
56 440
51 799
50 689

Estimated living cost  is ₽49952 per week

₽33952
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4643
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽748
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10609
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽52181
₽116694
₽39445
₽108923
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
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.

-
-
-
36 291
income
-
-
-
31 581
surtax
-
-
-
43 477
microenterprise
-
-
-
-
total
-
-
-
111 349
Employee
27 677
-
129 104
-
surtax
-
-
18 721
-
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.

3 045
-
12 417
-
income
4 927
-
26 079
-
total
7 972
-
57 217
-
Employer
27 677
-
129 104
-
surtax
-
-
14 202
-
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.

6 667
-
27 194
-
total
6 667
-
41 396
-
Corporate
136 156
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%.

27 232
34 100
-
-
total
27 232
34 100
-
-
Dividends

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

108 924
136 400
-
-
total
-
-
-
-
Income
170 500
170 500
170 500
170 500
Total tax
41 871
34 100
98 613
111 349
After tax
128 629
136 400
71 887
59 151
Living cost
19 706
19 706
19 706
19 706
Free-cash
108 923
116 694
52 181
39 445

Estimated living cost  is ₽19706 per week

₽12572
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1877
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.
₽4810
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽67240
₽44788
₽54197
₽38987
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
11 680
income
-
-
-
53 846
pensions
-
-
-
11 098
total
-
-
-
76 624
Employee
80 886
80 886
152 897
-
income

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

13 240
13 240
23 200
-
pensions
14 560
11 098
11 098
-
health
12 415
10 560
11 680
-
total
40 215
34 898
45 978
-
Employer
80 886
80 886
152 897
-
unemployment
2 912
2 912
3 618
-
health
5 622
5 622
6 987
-
pensions
5 630
5 630
6 998
-
total
14 164
14 164
17 603
-
Corporate
76 442
75 450
-
-
income
15 287
15 090
-
-
total
15 287
15 090
-
-
Dividends
61 154
60 360
-
-
income
12 996
12 827
-
-
withholding
9 172
9 054
-
-
total
22 168
21 881
-
-
Income
170 500
170 500
170 500
170 500
Total tax
91 834
86 033
63 581
76 624
After tax
78 666
84 467
106 919
93 876
Living cost
39 679
39 679
39 679
39 679
Free-cash
38 987
44 788
67 240
54 197

Estimated living cost  is ₽39679 per week

₽28120
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3577
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽631
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7352
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽47360
₽53630
₽48317
₽52746
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
other
-
-
-
10 050
health
-
-
-
5 397
accident
-
-
-
173
pensions
-
-
-
9 349
national
-
-
-
14 293
unemployment
-
-
-
87
municipal
-
-
-
43 371
total
-
-
-
82 720
Employee
56 231
-
143 325
-
municipal
16 768
-
42 740
-
national
-
-
13 763
-
total
16 768
-
56 503
-
Employer
56 231
-
143 325
-
other
6 534
-
10 050
-
unemployment
1 484
-
2 283
-
health
3 458
-
5 319
-
accident
112
-
173
-
pensions
6 078
-
9 349
-
total
17 666
-
27 174
-
Corporate
96 601
170 500
-
-
income
21 252
37 510
-
-
total
21 252
37 510
-
-
Dividends
75 349
132 990
-
-
withholding
22 605
39 897
-
-
total
22 605
39 897
-
-
Income
170 500
170 500
170 500
170 500
Total tax
78 291
77 407
83 677
82 720
After tax
92 209
93 093
86 823
87 780
Living cost
39 463
39 463
39 463
39 463
Free-cash
52 746
53 630
47 360
48 317

Estimated living cost  is ₽39463 per week

₽26154
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3872
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽599
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8837
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽70790
₽47902
₽49988
₽61211
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
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.

-
-
-
6 471
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.

-
-
-
53 108
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.

-
-
-
2 921
trade
-
-
-
20 802
total
-
-
-
83 302
Employee

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

48 034
-
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.

226
-
2 921
-
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.

4 127
-
53 108
-
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.

6 471
-
6 471
-
total
10 824
-
62 500
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
122 466
170 500
-
-
chamber of commerce
318
386
-
-
surtax

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

1 010
1 407
-
-
trade
20 146
28 048
-
-
income
18 370
25 574
-
-
total
39 844
55 415
-
-
Dividends
82 621
115 084
-
-
surtax

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

1 116
1 562
-
-
withholding
20 295
28 411
-
-
total
21 411
29 973
-
-
Income
170 500
170 500
170 500
170 500
Total tax
72 079
85 388
62 500
83 302
After tax
98 421
85 112
108 000
87 198
Living cost
37 210
37 210
37 210
37 210
Free-cash
61 211
47 902
70 790
49 988

Estimated living cost  is ₽37210 per week

₽24886
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3924
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.
₽7844
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽84141
₽93648
₽85631
₽89721
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
15 325
health
-
-
-
4 348
income
-
-
-
34 474
total
-
-
-
54 147
Employee
72 834
72 834
159 397
-
social contributions
3 539
6 045
8 153
-
income
7 648
6 742
33 670
-
health
724
1 238
2 711
-
total
11 911
14 025
44 534
-
Employer
72 834
72 834
159 397
-
health
789
1 348
2 950
-
social contributions
3 539
6 045
8 153
-
total
4 328
7 393
11 103
-
Corporate
123 538
90 273
-
-
income
15 442
11 285
-
-
total
15 442
11 285
-
-
Dividends
108 096
78 988
-
-
withholding
18 376
13 427
-
-
total
18 376
13 427
-
-
Income
170 500
170 500
170 500
170 500
Total tax
50 057
46 130
55 637
54 147
After tax
120 443
124 370
114 863
116 353
Living cost
30 722
30 722
30 722
30 722
Free-cash
89 721
93 648
84 141
85 631

Estimated living cost  is ₽30722 per week

₽21002
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2400
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽516
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6805
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽81491
₽78421
₽100764
₽78784
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
11 935
income
-
-
-
20 844
pensions
-
-
-
17 050
unemployment
-
-
-
2 557
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.

25 045
9 968
142 678
-
income
3 062
1 219
17 442
-
pensions
2 505
997
14 268
-
health
1 753
698
9 987
-
unemployment
376
150
2 140
-
total
7 696
3 064
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.

25 045
9 968
142 678
-
pensions
4 884
1 944
27 822
-
total
4 884
1 944
27 822
-
Corporate
140 571
158 589
-
-
income
12 651
14 273
-
-
total
12 651
14 273
-
-
Dividends
127 920
144 316
-
-
social contributions
24 830
28 028
-
-
withholding
24 305
27 420
-
-
total
49 135
55 448
-
-
Income
170 500
170 500
170 500
170 500
Total tax
74 366
74 729
71 659
52 386
After tax
96 134
95 771
98 841
118 114
Living cost
17 350
17 350
17 350
17 350
Free-cash
78 784
78 421
81 491
100 764

Estimated living cost  is ₽17350 per week

₽11840
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1420
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽347
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3744
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽75397
₽113522
₽68509
₽107638
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
22 165
income
-
-
-
22 848
pensions
-
-
-
34 100
total
-
-
-
79 113
Employee
26 870
-
127 429
-
income
3 025
-
24 568
-
pensions
537
-
2 549
-
unemployment
430
-
2 038
-
total
3 992
-
29 155
-
Employer
26 870
-
127 429
-
unemployment
216
-
1 019
-
health
3 492
-
16 565
-
pensions
5 374
-
25 486
-
total
9 082
-
43 070
-
Corporate
134 547
170 500
-
-
income
26 910
34 100
-
-
total
26 910
34 100
-
-
Dividends
107 637
136 400
-
-
total
-
-
-
-
Income
170 500
170 500
170 500
170 500
Total tax
39 984
34 100
72 225
79 113
After tax
130 516
136 400
98 275
91 387
Living cost
22 878
22 878
22 878
22 878
Free-cash
107 638
113 522
75 397
68 509

Estimated living cost  is ₽22878 per week

₽15692
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1362
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽460
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5364
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽71682
-₽7200
₽95535
₽10588
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
other
-
-
-
354
health
-
-
-
2 083
accident
-
-
-
241
income
-
-
-
47 302
pensions
-
-
-
3 974
total
-
-
-
53 954
Employee
33 052
-
153 648
-
income
4 534
-
36 076
-
pensions
3 722
-
7 286
-
health
3 784
-
17 593
-
total
12 040
-
60 955
-
Employer
33 052
-
153 648
-
unemployment
810
-
3 764
-
accident
552
-
2 566
-
pensions
5 374
-
10 522
-
total
6 736
-
16 852
-
Corporate
130 712
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.

117 641
153 450
-
-
total
117 641
153 450
-
-
Dividends
13 071
17 050
-
-
withholding
2 484
3 239
-
-
total
2 484
3 239
-
-
Income
170 500
170 500
170 500
170 500
Total tax
138 901
156 689
77 807
53 954
After tax
31 599
13 811
92 693
116 546
Living cost
21 011
21 011
21 011
21 011
Free-cash
10 588
-7 200
71 682
95 535

Estimated living cost  is ₽21011 per week

₽15400
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1164
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽439
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4010
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽128611
₽154186
₽161006
₽152726
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
9 736
-
170 500
-
income
1 947
-
34 100
-
total
1 947
-
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%.

160 764
170 500
-
-
total
-
-
-
-
Dividends
160 764
170 500
-
-
withholding
8 038
8 525
-
-
total
8 038
8 525
-
-
Income
170 500
170 500
170 500
170 500
Total tax
9 985
8 525
34 100
1 705
After tax
160 515
161 975
136 400
168 795
Living cost
7 789
7 789
7 789
7 789
Free-cash
152 726
154 186
128 611
161 006

Estimated living cost  is ₽7789 per week

₽4827
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽647
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽214
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2100
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

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

Source of data for Batumi model

Close
Bratislava , Slovakia
₽71306
₽100027
₽70833
₽93630
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
other
-
-
-
6 841
health
-
-
-
6 338
income
-
-
-
26 680
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.

-
-
-
34 569
total
-
-
-
74 428
Employee
34 391
-
136 181
-
income
5 921
-
26 836
-
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.

2 407
-
9 532
-
health
482
-
1 907
-
unemployment
343
-
1 362
-
total
9 153
-
39 637
-
Employer
34 391
-
136 181
-
other
1 720
-
6 809
-
unemployment
343
-
1 362
-
health
482
-
1 907
-
accident
275
-
1 089
-
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.

5 847
-
23 151
-
total
8 667
-
34 318
-
Corporate
127 441
170 500
-
-
income
26 763
35 806
-
-
total
26 763
35 806
-
-
Dividends
100 679
134 694
-
-
withholding
7 048
9 428
-
-
total
7 048
9 428
-
-
Income
170 500
170 500
170 500
170 500
Total tax
51 631
45 234
73 955
74 428
After tax
118 869
125 266
96 545
96 072
Living cost
25 239
25 239
25 239
25 239
Free-cash
93 630
100 027
71 306
70 833

Estimated living cost  is ₽25239 per week

₽17833
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1704
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.
₽5295
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽34275
₽48083
₽49684
₽51759
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
income
-
-
-
49 203
pensions
-
-
-
8 570
total
-
-
-
57 773
Employee
89 196
-
148 899
-
income
16 078
-
38 931
-
health
1 470
-
2 141
-
pensions
8 605
-
10 509
-
total
26 153
-
51 581
-
Employer
89 196
-
148 899
-
health
1 694
-
2 830
-
pensions
10 531
-
18 771
-
total
12 225
-
21 601
-
Corporate
69 079
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.

13 124
32 396
-
-
total
13 124
32 396
-
-
Dividends
55 954
138 104
-
-
withholding
4 196
26 978
-
-
total
4 196
26 978
-
-
Income
170 500
170 500
170 500
170 500
Total tax
55 698
59 374
73 182
57 773
After tax
114 802
111 126
97 318
112 727
Living cost
63 043
63 043
63 043
63 043
Free-cash
51 759
48 083
34 275
49 684

Estimated living cost  is ₽63043 per week

₽47239
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽7407
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽513
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7885
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽130726
₽133536
₽123975
₽129199
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
3 751
income
-
-
-
25 575
pensions

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

-
-
-
4 827
unemployment
-
-
-
130
total
-
-
-
34 283
Employee
16 210
-
164 101
-
income
1 621
-
16 410
-
accident

We are using the highest rate at 1.1%.

178
-
359
-
pensions

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

1 423
-
2 864
-
health
746
-
1 500
-
total
3 968
-
21 133
-
Employer
16 210
-
164 101
-
unemployment
97
-
196
-
health
1 119
-
2 250
-
accident

We are using the highest rate at 1.1%.

178
-
359
-
pensions

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

1 786
-
3 594
-
total
3 180
-
6 399
-
Corporate
151 110
170 500
-
-
income
15 111
17 050
-
-
total
15 111
17 050
-
-
Dividends
135 999
153 450
-
-
withholding
6 800
7 672
-
-
total
6 800
7 672
-
-
Income
170 500
170 500
170 500
170 500
Total tax
29 059
24 722
27 532
34 283
After tax
141 441
145 778
142 968
136 217
Living cost
12 242
12 242
12 242
12 242
Free-cash
129 199
133 536
130 726
123 975

Estimated living cost  is ₽12242 per week

₽7147
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽874
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽324
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3896
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽54396
₽31944
₽41353
₽34326
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
11 680
income
-
-
-
53 846
pensions
-
-
-
11 098
total
-
-
-
76 624
Employee
87 816
80 886
152 897
-
income

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

13 240
13 240
23 200
-
pensions
11 098
11 098
11 098
-
health
10 956
10 560
11 680
-
total
35 294
34 898
45 978
-
Employer
87 816
80 886
152 897
-
unemployment
3 162
2 912
3 618
-
health
6 102
5 622
6 987
-
pensions
6 111
5 630
6 998
-
total
15 375
14 164
17 603
-
Corporate
67 308
75 450
-
-
income
13 461
15 090
-
-
total
13 461
15 090
-
-
Dividends
53 847
60 360
-
-
income
11 443
12 827
-
-
withholding
8 078
9 054
-
-
total
19 521
21 881
-
-
Income
170 500
170 500
170 500
170 500
Total tax
83 651
86 033
63 581
76 624
After tax
86 849
84 467
106 919
93 876
Living cost
52 523
52 523
52 523
52 523
Free-cash
34 326
31 944
54 396
41 353

Estimated living cost  is ₽52523 per week

₽38745
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4691
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽602
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8486
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽65742
₽93965
₽73286
₽85608
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
33 706
health
-
-
-
23 017
income
-
-
-
17 067
solidarity contribution
-
-
-
-
total
-
-
-
73 790
Employee
34 447
-
129 947
-
social contributions
2 239
-
7 503
-
solidarity contribution
-
-
-
-
income
4 134
-
15 735
-
health
4 650
-
17 543
-
total
11 023
-
40 781
-
Employer
34 447
-
129 947
-
health
3 100
-
11 695
-
social contributions
8 612
-
28 858
-
total
11 712
-
40 553
-
Corporate
124 342
170 500
-
-
income
23 625
32 395
-
-
total
23 625
32 395
-
-
Dividends
100 717
138 105
-
-
withholding
15 108
20 716
-
-
total
15 108
20 716
-
-
Income
170 500
170 500
170 500
170 500
Total tax
61 468
53 111
81 334
73 790
After tax
109 032
117 389
89 166
96 710
Living cost
23 424
23 424
23 424
23 424
Free-cash
85 608
93 965
65 742
73 286

Estimated living cost  is ₽23424 per week

₽16270
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1666
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.
₽5026
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽33603
₽51001
₽41304
₽46056
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
43 853
national
-
-
-
42 345
regional
-
-
-
2 016
municipal
-
-
-
1 014
total
-
-
-
89 228
Employee
84 180
-
170 500
-
social contributions
28 386
-
57 492
-
municipal
446
-
904
-
national
14 586
-
36 753
-
regional
794
-
1 780
-
total
44 212
-
96 929
-
Employer
84 180
-
170 500
-
total
-
-
-
-
Corporate
86 320
170 500
-
-
nationa
20 716
40 919
-
-
municipal
3 367
6 649
-
-
total
24 083
47 568
-
-
Dividends
62 237
122 932
-
-
withholding
16 181
31 963
-
-
total
16 181
31 963
-
-
Income
170 500
170 500
170 500
170 500
Total tax
84 476
79 531
96 929
89 228
After tax
86 024
90 969
73 571
81 272
Living cost
39 968
39 968
39 968
39 968
Free-cash
46 056
51 001
33 603
41 304

Estimated living cost  is ₽39968 per week

₽27861
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2621
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽613
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8872
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽53940
₽86344
₽59734
₽83397
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
other
-
-
-
-
health
-
-
-
8 975
income
-
-
-
47 910
pensions
-
-
-
25 283
surtax
-
-
-
7 481
unemployment
-
-
-
216
total
-
-
-
89 865
Employee
31 323
-
143 890
-
surtax
102
-
6 349
-
income
5 250
-
42 246
-
other
-
-
-
-
pensions
2 089
-
8 432
-
health
800
-
3 223
-
unemployment
2 180
-
8 799
-
total
10 421
-
69 049
-
Employer
31 323
-
143 890
-
other
-
-
-
-
unemployment
992
-
4 007
-
health
1 425
-
5 752
-
pensions
4 176
-
16 851
-
total
6 593
-
26 610
-
Corporate
132 584
170 500
-
-
income
34 472
44 329
-
-
total
34 472
44 329
-
-
Dividends
98 112
126 171
-
-
withholding
14 716
18 926
-
-
total
14 716
18 926
-
-
Income
170 500
170 500
170 500
170 500
Total tax
66 202
63 255
95 659
89 865
After tax
104 298
107 245
74 841
80 635
Living cost
20 901
20 901
20 901
20 901
Free-cash
83 397
86 344
53 940
59 734

Estimated living cost  is ₽20901 per week

₽12780
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1929
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽482
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5711
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽54249
₽68057
₽69658
₽74284
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
income
-
-
-
49 203
pensions
-
-
-
8 570
total
-
-
-
57 773
Employee
59 777
-
148 899
-
income
10 766
-
38 931
-
health
868
-
2 141
-
pensions
5 074
-
10 509
-
total
16 708
-
51 581
-
Employer
59 777
-
148 899
-
health
1 136
-
2 830
-
pensions
6 471
-
18 771
-
total
7 607
-
21 601
-
Corporate
103 117
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.

19 593
32 396
-
-
total
19 593
32 396
-
-
Dividends
83 524
138 104
-
-
withholding
9 239
26 978
-
-
total
9 239
26 978
-
-
Income
170 500
170 500
170 500
170 500
Total tax
53 147
59 374
73 182
57 773
After tax
117 353
111 126
97 318
112 727
Living cost
43 069
43 069
43 069
43 069
Free-cash
74 284
68 057
54 249
69 658

Estimated living cost  is ₽43069 per week

₽32267
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3228
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽450
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7123
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽53834
₽1473
₽61788
₽34202
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
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.

-
-
-
3 411
health
-
-
-
383
pensions
-
-
-
15 685
city
-
-
-
1 798
national
-
-
-
2 664
regional
-
-
-
8 279
total
-
-
-
32 220
Employee
89 516
-
152 606
-
national
424
-
2 014
-
city
961
-
1 638
-
pensions
7 521
-
12 819
-
health
202
-
344
-
regional
2 931
-
7 143
-
unemployment
-
-
-
-
total
12 039
-
23 958
-
Employer
89 516
-
152 606
-
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.

1 790
-
3 053
-
unemployment
-
-
-
-
health
202
-
344
-
pensions
7 521
-
12 819
-
total
9 513
-
16 216
-
Corporate
70 487
170 500
-
-
regional
14 907
36 060
-
-
national
5 992
14 493
-
-
total
20 899
50 553
-
-
Dividends
49 588
119 947
-
-
withholding
17 355
41 982
-
-
total
17 355
41 982
-
-
Income
170 500
170 500
170 500
170 500
Total tax
59 806
92 535
40 174
32 220
After tax
110 694
77 965
130 326
138 280
Living cost
76 492
76 492
76 492
76 492
Free-cash
34 202
1 473
53 834
61 788

Estimated living cost  is ₽76492 per week

₽49742
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽6864
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽939
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽18947
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽64609
₽40844
₽42921
₽56205
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
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.

-
-
-
6 471
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.

-
-
-
53 108
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.

-
-
-
2 921
trade
-
-
-
21 688
total
-
-
-
84 188
Employee

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

56 924
-
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.

368
-
2 921
-
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.

6 694
-
53 108
-
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.

6 471
-
6 471
-
total
13 533
-
62 500
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
113 576
170 500
-
-
chamber of commerce
304
385
-
-
surtax

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

936
1 407
-
-
trade
19 477
29 241
-
-
income
17 036
25 574
-
-
total
37 753
56 607
-
-
Dividends
75 821
113 892
-
-
surtax

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

1 023
1 546
-
-
withholding
18 595
28 112
-
-
total
19 618
29 658
-
-
Income
170 500
170 500
170 500
170 500
Total tax
70 904
86 265
62 500
84 188
After tax
99 596
84 235
108 000
86 312
Living cost
43 391
43 391
43 391
43 391
Free-cash
56 205
40 844
64 609
42 921

Estimated living cost  is ₽43391 per week

₽31691
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3471
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽564
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7666
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽60861
₽53526
₽63615
₽59120
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
other
-
-
-
5 286
social contributions
-
-
-
4 859
health
-
-
-
7 323
income
-
-
-
26 956
pensions
-
-
-
30 054
surtax
-
-
-
-
total
-
-
-
74 478
Employee
40 538
-
131 914
-
surtax
-
-
-
-
social contributions
1 156
-
3 759
-
income
2 392
-
25 696
-
pensions
4 584
-
9 190
-
total
8 132
-
38 645
-
Employer
40 538
-
131 914
-
other
1 398
-
5 154
-
unemployment
1 641
-
5 342
-
health
2 838
-
12 228
-
pensions
6 660
-
15 468
-
social contributions
122
-
395
-
total
12 659
-
38 587
-
Corporate
117 302
170 500
-
-
surtax
-
-
-
-
income
32 845
47 741
-
-
total
32 845
47 741
-
-
Dividends
84 457
122 759
-
-
social contributions
14 527
21 113
-
-
surtax
-
-
-
-
withholding
10 810
15 713
-
-
total
25 337
36 826
-
-
Income
170 500
170 500
170 500
170 500
Total tax
78 973
84 567
77 232
74 478
After tax
91 527
85 933
93 268
96 022
Living cost
32 407
32 407
32 407
32 407
Free-cash
59 120
53 526
60 861
63 615

Estimated living cost  is ₽32407 per week

₽20434
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2635
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽552
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8788
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽64072
₽56737
₽66826
₽61998
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
170 500
other
-
-
-
5 286
social contributions
-
-
-
4 859
health
-
-
-
7 323
income
-
-
-
26 956
pensions
-
-
-
30 054
surtax
-
-
-
-
total
-
-
-
74 478
Employee
36 186
-
131 914
-
surtax
-
-
-
-
social contributions
1 032
-
3 759
-
income
1 866
-
25 696
-
pensions
4 093
-
9 190
-
total
6 991
-
38 645
-
Employer
36 186
-
131 914
-
other
1 249
-
5 154
-
unemployment
1 465
-
5 342
-
health
2 533
-
12 228
-
pensions
5 946
-
15 468
-
social contributions
108
-
395
-
total
11 301
-
38 587
-
Corporate
123 013
170 500
-
-
surtax
-
-
-
-
income
34 443
47 741
-
-
total
34 443
47 741
-
-
Dividends
88 570
122 759
-
-
social contributions
15 234
21 113
-
-
surtax
-
-
-
-
withholding
11 337
15 713
-
-
total
26 571
36 826
-
-
Income
170 500
170 500
170 500
170 500
Total tax
79 306
84 567
77 232
74 478
After tax
91 194
85 933
93 268
96 022
Living cost
29 196
29 196
29 196
29 196
Free-cash
61 998
56 737
64 072
66 826

Estimated living cost  is ₽29196 per week

₽16932
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2966
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽554
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8745
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽85787
₽83935
₽89411
₽84429
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
23 529
health
-
-
-
11 901
income
-
-
-
25 574
total
-
-
-
61 004
Employee
32 115
-
170 500
-
social contributions
4 433
-
23 529
-
income
5 356
-
29 198
-
health
2 241
-
11 901
-
total
12 030
-
64 628
-
Employer
32 115
-
170 500
-
total
-
-
-
-
Corporate
138 385
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%.

6 918
8 525
-
-
total
6 918
8 525
-
-
Dividends
131 466
161 975
-
-
social contributions
18 142
22 353
-
-
withholding
19 720
24 296
-
-
health
9 176
11 306
-
-
total
47 038
57 955
-
-
Income
170 500
170 500
170 500
170 500
Total tax
65 986
66 480
64 628
61 004
After tax
104 514
104 020
105 872
109 496
Living cost
20 085
20 085
20 085
20 085
Free-cash
84 429
83 935
85 787
89 411

Estimated living cost  is ₽20085 per week

₽13441
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1238
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.
₽4941
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽11774
₽60928
₽54146
₽59459
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
8 464
income
-
-
-
47 367
chamber of commerce
-
-
-
681
pensions
-
-
-
20 471
surtax
-
-
-
187
unemployment
-
-
-
5 809
total
-
-
-
82 979
Employee
47 336
37 747
136 576
-
income
5 389
2 784
38 142
-
other
473
377
1 107
-
pensions
4 848
3 865
11 331
-
health
1 832
1 461
4 282
-
unemployment
1 420
1 132
3 320
-
total
13 962
9 619
58 182
-
Employer
47 336
37 747
136 576
-
other
2 249
1 792
6 266
-
unemployment
1 420
1 132
3 320
-
health
1 788
1 427
4 183
-
surtax
187
187
187
-
accident
615
491
1 438
-
pensions
5 941
4 738
13 887
-
payroll
1 420
1 132
4 096
-
chamber of commerce
189
151
546
-
total
13 809
11 050
33 923
-
Corporate
109 356
121 702
132 981
-
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.

27 340
30 426
33 246
-
total
27 340
30 426
33 246
-
Dividends
82 016
91 276
-
-
withholding
22 555
25 102
-
-
total
22 555
25 102
-
-
Income
170 500
170 500
170 500
170 500
Total tax
77 666
76 197
125 351
82 979
After tax
92 834
94 303
45 149
87 521
Living cost
33 375
33 375
33 375
33 375
Free-cash
59 459
60 928
11 774
54 146

Estimated living cost  is ₽33375 per week

₽22260
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2847
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽548
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7720
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽25286
₽60812
₽39406
₽46604
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
23 615
communal

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

-
-
-
8 813
national
-
-
-
64 130
total
-
-
-
96 558
Employee

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

67 753
-
132 056
-
national
20 830
-
48 086
-
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.

5 081
-
9 904
-
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.

3 183
-
6 207
-
communal

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

3 534
-
6 888
-
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.

590
-
1 149
-
total
33 218
-
72 234
-
Employer

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

67 753
-
132 056
-
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.

989
-
1 929
-
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.

4 167
-
8 121
-
surtax
7 682
-
14 977
-
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.

881
-
1 717
-
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.

6 004
-
11 700
-
total
19 723
-
38 444
-
Corporate
83 025
170 500
-
-
surtax
333
681
-
-
income
16 605
34 100
-
-
total
16 938
34 781
-
-
Dividends
66 087
135 719
-
-
withholding

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

19 481
40 371
-
-
total
19 481
40 371
-
-
Income
170 500
170 500
170 500
170 500
Total tax
89 360
75 152
110 678
96 558
After tax
81 140
95 348
59 822
73 942
Living cost
34 536
34 536
34 536
34 536
Free-cash
46 604
60 812
25 286
39 406

Estimated living cost  is ₽34536 per week

₽22246
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3020
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽541
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8730
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽57462
₽79400
₽61436
₽72909
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
other
-
-
-
88
accident
-
-
-
791
income
-
-
-
48 518
pensions
-
-
-
24 845
unemployment
-
-
-
615
total
-
-
-
74 857
Employee
47 149
-
142 512
-
income
9 948
-
45 267
-
other
47
-
88
-
pensions
2 216
-
4 127
-
unemployment
732
-
1 361
-
total
12 943
-
50 843
-
Employer
47 149
-
142 512
-
other
376
-
703
-
unemployment
2 594
-
4 828
-
accident
933
-
1 738
-
pensions
11 126
-
20 719
-
total
15 029
-
27 988
-
Corporate
108 323
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.

16 249
25 574
-
-
total
16 249
25 574
-
-
Dividends
92 073
144 926
-
-
withholding
19 163
31 319
-
-
total
19 163
31 319
-
-
Income
170 500
170 500
170 500
170 500
Total tax
63 384
56 893
78 831
74 857
After tax
107 116
113 607
91 669
95 643
Living cost
34 207
34 207
34 207
34 207
Free-cash
72 909
79 400
57 462
61 436

Estimated living cost  is ₽34207 per week

₽25190
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2427
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽493
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6097
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽39213
₽48015
₽32414
₽35789
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
11 978
accident
-
-
-
1 438
income
-
-
-
28 412
pensions
-
-
-
25 556
communal
-
-
-
10 776
surtax
-
-
-
8 452
total
-
-
-
86 612
Employee
71 730
-
152 301
-
surtax
4 397
-
9 334
-
income
6 928
-
33 321
-
pensions
5 738
-
12 183
-
health
3 192
-
6 776
-
total
20 255
-
61 614
-
Employer
71 730
-
152 301
-
health
2 188
-
4 645
-
accident
645
-
1 371
-
pensions
5 738
-
12 183
-
total
8 571
-
18 199
-
Corporate
90 200
170 500
-
-
surtax
947
1 790
-
-
income
13 530
25 574
-
-
communal
6 088
11 509
-
-
total
20 565
38 873
-
-
Dividends
69 635
131 626
-
-
income
23 401
12 395
-
-
withholding
10 445
19 743
-
-
total
33 846
32 138
-
-
Income
170 500
170 500
170 500
170 500
Total tax
83 237
71 011
79 813
86 612
After tax
87 263
99 489
90 687
83 888
Living cost
51 474
51 474
51 474
51 474
Free-cash
35 789
48 015
39 213
32 414

Estimated living cost  is ₽51474 per week

₽38613
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3119
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽545
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9196
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽53566
₽85970
₽59360
₽82958
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
other
-
-
-
-
health
-
-
-
8 975
income
-
-
-
47 910
pensions
-
-
-
25 283
surtax
-
-
-
7 481
unemployment
-
-
-
216
total
-
-
-
89 865
Employee
31 898
-
143 890
-
surtax
113
-
6 349
-
income
5 347
-
42 246
-
other
-
-
-
-
pensions
2 128
-
8 432
-
health
814
-
3 223
-
unemployment
2 220
-
8 799
-
total
10 622
-
69 049
-
Employer
31 898
-
143 890
-
other
-
-
-
-
unemployment
1 012
-
4 007
-
health
1 451
-
5 752
-
pensions
4 253
-
16 851
-
total
6 716
-
26 610
-
Corporate
131 887
170 500
-
-
income
34 290
44 329
-
-
total
34 290
44 329
-
-
Dividends
97 596
126 171
-
-
withholding
14 639
18 926
-
-
total
14 639
18 926
-
-
Income
170 500
170 500
170 500
170 500
Total tax
66 267
63 255
95 659
89 865
After tax
104 233
107 245
74 841
80 635
Living cost
21 275
21 275
21 275
21 275
Free-cash
82 958
85 970
53 566
59 360

Estimated living cost  is ₽21275 per week

₽12845
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1850
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.
₽6088
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽47542
₽64105
₽55202
₽62000
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
43 853
national
-
-
-
42 345
regional
-
-
-
2 571
municipal
-
-
-
1 014
total
-
-
-
89 783
Employee
52 542
-
170 500
-
social contributions
17 718
-
57 492
-
municipal
279
-
904
-
national
8 324
-
36 753
-
regional
707
-
2 294
-
total
27 028
-
97 443
-
Employer
52 542
-
170 500
-
total
-
-
-
-
Corporate
117 958
170 500
-
-
nationa
28 310
40 919
-
-
municipal
5 863
8 473
-
-
total
34 173
49 392
-
-
Dividends
83 784
121 107
-
-
withholding
21 784
31 488
-
-
total
21 784
31 488
-
-
Income
170 500
170 500
170 500
170 500
Total tax
82 985
80 880
97 443
89 783
After tax
87 515
89 620
73 057
80 717
Living cost
25 515
25 515
25 515
25 515
Free-cash
62 000
64 105
47 542
55 202

Estimated living cost  is ₽25515 per week

₽15868
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2585
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽437
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6625
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽60302
₽88525
₽67846
₽78228
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
33 706
health
-
-
-
23 017
income
-
-
-
17 067
solidarity contribution
-
-
-
-
total
-
-
-
73 790
Employee
42 447
-
129 947
-
social contributions
2 759
-
7 503
-
solidarity contribution
-
-
-
-
income
5 094
-
15 735
-
health
5 730
-
17 543
-
total
13 583
-
40 781
-
Employer
42 447
-
129 947
-
health
3 820
-
11 695
-
social contributions
10 612
-
28 858
-
total
14 432
-
40 553
-
Corporate
113 621
170 500
-
-
income
21 588
32 395
-
-
total
21 588
32 395
-
-
Dividends
92 033
138 105
-
-
withholding
13 805
20 716
-
-
total
13 805
20 716
-
-
Income
170 500
170 500
170 500
170 500
Total tax
63 408
53 111
81 334
73 790
After tax
107 092
117 389
89 166
96 710
Living cost
28 864
28 864
28 864
28 864
Free-cash
78 228
88 525
60 302
67 846

Estimated living cost  is ₽28864 per week

₽21465
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1599
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽499
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5301
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽14976
₽64187
₽57489
₽63718
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
8 464
income
-
-
-
47 367
chamber of commerce
-
-
-
681
pensions
-
-
-
20 471
surtax
-
-
-
-
unemployment
-
-
-
5 809
total
-
-
-
82 792
Employee
41 404
37 747
136 751
-
income
3 688
2 784
38 227
-
other
413
377
1 107
-
pensions
4 240
3 865
11 331
-
health
1 602
1 461
4 282
-
unemployment
1 242
1 132
3 320
-
total
11 185
9 619
58 267
-
Employer
41 404
37 747
136 751
-
other
1 966
1 792
6 273
-
unemployment
1 242
1 132
3 320
-
health
1 566
1 427
4 183
-
surtax
-
-
-
-
accident
537
491
1 438
-
pensions
5 196
4 738
13 887
-
payroll
1 242
1 132
4 102
-
chamber of commerce
165
151
546
-
total
11 914
10 863
33 749
-
Corporate
117 180
121 889
133 156
-
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.

29 295
30 473
33 289
-
total
29 295
30 473
33 289
-
Dividends
87 885
91 417
-
-
withholding
24 169
25 139
-
-
total
24 169
25 139
-
-
Income
170 500
170 500
170 500
170 500
Total tax
76 563
76 094
125 305
82 792
After tax
93 937
94 406
45 195
87 708
Living cost
30 219
30 219
30 219
30 219
Free-cash
63 718
64 187
14 976
57 489

Estimated living cost  is ₽30219 per week

₽18128
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3086
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽539
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8466
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽124262
₽149837
₽156657
₽147561
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
15 173
-
170 500
-
income
3 035
-
34 100
-
total
3 035
-
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%.

155 327
170 500
-
-
total
-
-
-
-
Dividends
155 327
170 500
-
-
withholding
7 766
8 525
-
-
total
7 766
8 525
-
-
Income
170 500
170 500
170 500
170 500
Total tax
10 801
8 525
34 100
1 705
After tax
159 699
161 975
136 400
168 795
Living cost
12 138
12 138
12 138
12 138
Free-cash
147 561
149 837
124 262
156 657

Estimated living cost  is ₽12138 per week

₽8214
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽509
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽407
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3007
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

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

Source of data for Tbilisi model

Close
Ljubljana , Slovenia
₽53165
₽91982
₽57683
₽84061
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
16 776
income
-
-
-
39 242
pensions
-
-
-
31 138
unemployment
-
-
-
255
total
-
-
-
87 411
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.

41 885
-
147 530
-
income
7 223
-
36 355
-
pensions
6 492
-
22 867
-
health
2 705
-
9 530
-
unemployment
59
-
207
-
total
16 479
-
68 959
-
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.

41 885
-
147 530
-
unemployment
25
-
88
-
health
2 790
-
9 825
-
pensions
3 706
-
13 057
-
total
6 521
-
22 970
-
Corporate
122 094
170 500
-
-
income
23 198
32 396
-
-
total
23 198
32 396
-
-
Dividends
98 896
138 104
-
-
withholding
14 835
20 716
-
-
total
14 835
20 716
-
-
Income
170 500
170 500
170 500
170 500
Total tax
61 033
53 112
91 929
87 411
After tax
109 467
117 388
78 571
83 089
Living cost
25 406
25 406
25 406
25 406
Free-cash
84 061
91 982
53 165
57 683

Estimated living cost  is ₽25406 per week

₽17435
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1629
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽493
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5851
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽114746
₽61005
₽75102
₽13904
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
61 265
-
-
-
social contributions
5 024
-
716
-
income
13 514
-
-
-
total
18 538
-
716
-
Employer
61 265
-
-
-
social contributions
86 383
-
12 311
-
total
86 383
-
12 311
-
Corporate
22 852
170 500
-
-
income
5 027
37 510
-
-
total
5 027
37 510
-
-
Dividends
17 825
132 990
-
-
income
3 921
29 258
-
-
total
3 921
29 258
-
-
Income
170 500
170 500
170 500
170 500
Total tax
113 869
66 768
13 027
52 671
After tax
56 631
103 732
157 473
117 829
Living cost
42 727
42 727
42 727
42 727
Free-cash
13 904
61 005
114 746
75 102

Estimated living cost  is ₽42727 per week

₽27723
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4018
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽544
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10441
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽48441
₽67269
₽61366
₽66318
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
social contributions

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

-
-
-
59 248
income
-
-
-
20 176
surtax
-
-
-
-
total
-
-
-
79 424
Employee
43 563
-
137 777
-
surtax
-
-
-
-
social contributions
4 792
-
15 156
-
income
9 061
-
44 472
-
total
13 853
-
59 628
-
Employer
43 563
-
137 777
-
social contributions
10 346
-
32 721
-
total
10 346
-
32 721
-
Corporate
116 590
170 500
-
-
surtax
-
-
-
-
income
24 483
35 806
-
-
total
24 483
35 806
-
-
Dividends
92 107
134 694
-
-
withholding
25 790
37 715
-
-
total
25 790
37 715
-
-
Income
170 500
170 500
170 500
170 500
Total tax
74 472
73 521
92 349
79 424
After tax
96 028
96 979
78 151
91 076
Living cost
29 710
29 710
29 710
29 710
Free-cash
66 318
67 269
48 441
61 366

Estimated living cost  is ₽29710 per week

₽22229
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1753
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽496
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5232
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽47520
₽40185
₽50274
₽46696
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
other
-
-
-
5 286
social contributions
-
-
-
4 859
health
-
-
-
7 323
income
-
-
-
26 956
pensions
-
-
-
30 054
surtax
-
-
-
-
total
-
-
-
74 478
Employee
59 324
-
131 914
-
surtax
-
-
-
-
social contributions
1 690
-
3 759
-
income
5 176
-
25 696
-
pensions
6 710
-
9 190
-
total
13 576
-
38 645
-
Employer
59 324
-
131 914
-
other
2 047
-
5 154
-
unemployment
2 403
-
5 342
-
health
4 152
-
12 228
-
pensions
9 748
-
15 468
-
social contributions
178
-
395
-
total
18 528
-
38 587
-
Corporate
92 647
170 500
-
-
surtax
-
-
-
-
income
25 941
47 741
-
-
total
25 941
47 741
-
-
Dividends
66 706
122 759
-
-
social contributions
11 473
21 113
-
-
surtax
-
-
-
-
withholding
8 538
15 713
-
-
total
20 011
36 826
-
-
Income
170 500
170 500
170 500
170 500
Total tax
78 056
84 567
77 232
74 478
After tax
92 444
85 933
93 268
96 022
Living cost
45 748
45 748
45 748
45 748
Free-cash
46 696
40 185
47 520
50 274

Estimated living cost  is ₽45748 per week

₽30961
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3742
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽627
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10416
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽101500
₽124977
₽96969
₽121796
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
income
-
-
-
7 548
social contributions
-
-
-
37 511
total
-
-
-
45 059
Employee
30 451
-
147 618
-
income
-
-
8 051
-
social contributions
1 979
-
9 595
-
total
1 979
-
17 646
-
Employer
30 451
-
147 618
-
social contributions
4 720
-
22 882
-
total
4 720
-
22 882
-
Corporate
135 329
170 500
-
-
income
13 533
17 051
-
-
total
13 533
17 051
-
-
Dividends
121 796
153 449
-
-
total
-
-
-
-
Income
170 500
170 500
170 500
170 500
Total tax
20 232
17 051
40 528
45 059
After tax
150 268
153 449
129 972
125 441
Living cost
28 472
28 472
28 472
28 472
Free-cash
121 796
124 977
101 500
96 969

Estimated living cost  is ₽28472 per week

₽18410
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2146
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽536
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7380
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽35546
-₽35546
₽54786
-₽35546
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
labour market
-
-
-
13 574
pensions
-
-
-
820
national
-
-
-
20 143
municipal
-
-
-
35 632
total
-
-
-
70 169
Employee
192 233
192 233
192 233
-
labour market
15 357
15 357
15 357
-
municipal
40 935
40 935
40 935
-
national
23 485
23 485
23 485
-
pensions
273
273
273
-
total
80 050
80 050
80 050
-
Employer
192 233
192 233
192 233
-
national
23 526
23 526
23 526
-
labour market
15 379
15 379
15 379
-
pensions
546
546
546
-
municipal
41 000
41 000
41 000
-
total
80 451
80 451
80 451
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
170 500
170 500
170 500
170 500
Total tax
160 501
160 501
160 501
70 169
After tax
9 999
9 999
9 999
100 331
Living cost
45 545
45 545
45 545
45 545
Free-cash
-35 546
-35 546
-35 546
54 786

Estimated living cost  is ₽45545 per week

₽31171
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4029
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽700
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9644
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽71992
-₽6890
₽95845
₽10635
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
other
-
-
-
354
health
-
-
-
2 083
accident
-
-
-
241
income
-
-
-
47 302
pensions
-
-
-
3 974
total
-
-
-
53 954
Employee
32 565
-
153 648
-
income
4 468
-
36 076
-
pensions
3 667
-
7 286
-
health
3 729
-
17 593
-
total
11 864
-
60 955
-
Employer
32 565
-
153 648
-
unemployment
798
-
3 764
-
accident
544
-
2 566
-
pensions
5 295
-
10 522
-
total
6 637
-
16 852
-
Corporate
131 299
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.

118 169
153 450
-
-
total
118 169
153 450
-
-
Dividends
13 130
17 050
-
-
withholding
2 494
3 239
-
-
total
2 494
3 239
-
-
Income
170 500
170 500
170 500
170 500
Total tax
139 164
156 689
77 807
53 954
After tax
31 336
13 811
92 693
116 546
Living cost
20 701
20 701
20 701
20 701
Free-cash
10 635
-6 890
71 992
95 845

Estimated living cost  is ₽20701 per week

₽15068
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1180
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽388
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4064
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽52843
₽70248
₽73074
₽72715
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
2 231
national
-
-
-
28 541
municipal
-
-
-
30 289
total
-
-
-
61 061
Employee
49 834
-
143 434
-
municipal
8 162
-
23 362
-
national
823
-
17 216
-
pensions
3 363
-
9 681
-
health
372
-
1 814
-
unemployment
748
-
2 152
-
total
13 468
-
54 225
-
Employer
49 834
-
143 434
-
unemployment
324
-
933
-
health
383
-
1 104
-
accident
50
-
144
-
pensions
8 646
-
24 886
-
total
9 403
-
27 067
-
Corporate
111 264
170 500
-
-
income
22 253
34 100
-
-
total
22 253
34 100
-
-
Dividends

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

66 758
102 300
-
-
national
4 280
11 374
-
-
municipal
12 016
18 413
-
-
total
16 296
29 787
-
-
Income
170 500
170 500
170 500
170 500
Total tax
61 420
63 887
81 292
61 061
After tax
109 080
106 613
89 208
109 439
Living cost
36 365
36 365
36 365
36 365
Free-cash
72 715
70 248
52 843
73 074

Estimated living cost  is ₽36365 per week

₽23754
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3498
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽579
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8536
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽92933
₽102440
₽94423
₽97285
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
15 325
health
-
-
-
4 348
income
-
-
-
34 474
total
-
-
-
54 147
Employee
72 834
72 834
159 397
-
social contributions
2 754
6 045
8 153
-
income
7 930
6 742
33 670
-
health
564
1 238
2 711
-
total
11 248
14 025
44 534
-
Employer
72 834
72 834
159 397
-
health
613
1 348
2 950
-
social contributions
2 754
6 045
8 153
-
total
3 367
7 393
11 103
-
Corporate
133 955
90 273
-
-
income
16 743
11 285
-
-
total
16 743
11 285
-
-
Dividends
117 211
78 988
-
-
withholding
19 927
13 427
-
-
total
19 927
13 427
-
-
Income
170 500
170 500
170 500
170 500
Total tax
51 285
46 130
55 637
54 147
After tax
119 215
124 370
114 863
116 353
Living cost
21 930
21 930
21 930
21 930
Free-cash
97 285
102 440
92 933
94 423

Estimated living cost  is ₽21930 per week

₽13143
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2152
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽485
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6151
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽109606
₽126151
₽128603
₽121333
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
3 428
income
-
-
-
17 378
pensions
-
-
-
6 025
unemployment
-
-
-
27
total
-
-
-
26 858
Employee

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

21 741
-
161 243
-
income
1 487
-
15 029
-
pensions
3 261
-
13 481
-
health
1 848
-
7 639
-
unemployment
108
-
449
-
total
6 704
-
36 598
-
Employer

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

21 741
-
161 243
-
unemployment
108
-
449
-
health
935
-
3 865
-
pensions
1 195
-
4 943
-
total
2 238
-
9 257
-
Corporate
146 521
170 500
-
-
income
13 186
15 345
-
-
total
13 186
15 345
-
-
Dividends
133 335
155 155
-
-
withholding
12 000
13 965
-
-
total
12 000
13 965
-
-
Income
170 500
170 500
170 500
170 500
Total tax
34 128
29 310
45 855
26 858
After tax
136 372
141 190
124 645
143 642
Living cost
15 039
15 039
15 039
15 039
Free-cash
121 333
126 151
109 606
128 603

Estimated living cost  is ₽15039 per week

₽9595
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1084
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.
₽3911
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽65622
₽87560
₽69596
₽83376
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
other
-
-
-
88
accident
-
-
-
791
income
-
-
-
48 518
pensions
-
-
-
24 845
unemployment
-
-
-
615
total
-
-
-
74 857
Employee
35 023
-
142 512
-
income
6 752
-
45 267
-
other
34
-
88
-
pensions
1 646
-
4 127
-
unemployment
543
-
1 361
-
total
8 975
-
50 843
-
Employer
35 023
-
142 512
-
other
280
-
703
-
unemployment
1 927
-
4 828
-
accident
694
-
1 738
-
pensions
8 265
-
20 719
-
total
11 166
-
27 988
-
Corporate
124 311
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.

18 647
25 574
-
-
total
18 647
25 574
-
-
Dividends
105 664
144 926
-
-
withholding
22 289
31 319
-
-
total
22 289
31 319
-
-
Income
170 500
170 500
170 500
170 500
Total tax
61 077
56 893
78 831
74 857
After tax
109 423
113 607
91 669
95 643
Living cost
26 047
26 047
26 047
26 047
Free-cash
83 376
87 560
65 622
69 596

Estimated living cost  is ₽26047 per week

₽17581
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2504
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.
₽5506
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽107924
₽104643
₽108049
₽104356
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
925
income
-
-
-
58 502
pensions
-
-
-
1 275
total
-
-
-
60 702
Employee
2 663
-
169 065
-
income
515
-
58 435
-
pensions
240
-
574
-
health
133
-
319
-
unemployment
27
-
64
-
total
915
-
59 392
-
Employer
2 663
-
169 065
-
unemployment
53
-
128
-
health
253
-
606
-
pensions
293
-
701
-
total
599
-
1 435
-
Corporate
167 238
170 500
-
-
income
36 792
37 510
-
-
total
36 792
37 510
-
-
Dividends
130 445
132 990
-
-
withholding
26 089
26 598
-
-
total
26 089
26 598
-
-
Income
170 500
170 500
170 500
170 500
Total tax
64 395
64 108
60 827
60 702
After tax
106 105
106 392
109 673
109 798
Living cost
1 749
1 749
1 749
1 749
Free-cash
104 356
104 643
107 924
108 049

Estimated living cost  is ₽1749 per week

₽1039
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽142
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽40
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽528
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽89074
₽106840
₽89072
₽102190
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
7 195
income
-
-
-
38 677
pensions
-
-
-
18 162
unemployment
-
-
-
1 048
total
-
-
-
65 082
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.

24 649
-
157 996
-
income
3 398
-
38 677
-
pensions
3 451
-
9 779
-
health
1 269
-
3 597
-
unemployment
185
-
524
-
total
8 303
-
52 577
-
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.

24 649
-
157 996
-
unemployment
185
-
524
-
health
1 269
-
3 597
-
pensions
2 958
-
8 382
-
total
4 412
-
12 503
-
Corporate
141 439
170 500
-
-
income
21 216
25 575
-
-
total
21 216
25 575
-
-
Dividends
120 223
144 925
-
-
withholding
18 033
21 739
-
-
total
18 033
21 739
-
-
Income
170 500
170 500
170 500
170 500
Total tax
51 964
47 314
65 080
65 082
After tax
118 536
123 186
105 420
105 418
Living cost
16 346
16 346
16 346
16 346
Free-cash
102 190
106 840
89 074
89 072

Estimated living cost  is ₽16346 per week

₽11006
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1264
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽473
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3603
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽52615
₽71443
₽65540
₽71103
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
social contributions

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

-
-
-
59 248
income
-
-
-
20 176
surtax
-
-
-
-
total
-
-
-
79 424
Employee
36 763
-
137 777
-
surtax
-
-
-
-
social contributions
4 044
-
15 156
-
income
7 183
-
44 472
-
total
11 227
-
59 628
-
Employer
36 763
-
137 777
-
social contributions
8 730
-
32 721
-
total
8 730
-
32 721
-
Corporate
125 007
170 500
-
-
surtax
-
-
-
-
income
26 252
35 806
-
-
total
26 252
35 806
-
-
Dividends
98 755
134 694
-
-
withholding
27 652
37 715
-
-
total
27 652
37 715
-
-
Income
170 500
170 500
170 500
170 500
Total tax
73 861
73 521
92 349
79 424
After tax
96 639
96 979
78 151
91 076
Living cost
25 536
25 536
25 536
25 536
Free-cash
71 103
71 443
52 615
65 540

Estimated living cost  is ₽25536 per week

₽18086
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1774
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽453
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5223
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽58381
₽80319
₽62355
₽74118
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
other
-
-
-
88
accident
-
-
-
791
income
-
-
-
48 518
pensions
-
-
-
24 845
unemployment
-
-
-
615
total
-
-
-
74 857
Employee
45 745
-
142 512
-
income
9 554
-
45 267
-
other
45
-
88
-
pensions
2 150
-
4 127
-
unemployment
708
-
1 361
-
total
12 457
-
50 843
-
Employer
45 745
-
142 512
-
other
367
-
703
-
unemployment
2 516
-
4 828
-
accident
906
-
1 738
-
pensions
10 796
-
20 719
-
total
14 585
-
27 988
-
Corporate
110 170
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.

16 526
25 574
-
-
total
16 526
25 574
-
-
Dividends
93 644
144 926
-
-
withholding
19 526
31 319
-
-
total
19 526
31 319
-
-
Income
170 500
170 500
170 500
170 500
Total tax
63 094
56 893
78 831
74 857
After tax
107 406
113 607
91 669
95 643
Living cost
33 288
33 288
33 288
33 288
Free-cash
74 118
80 319
58 381
62 355

Estimated living cost  is ₽33288 per week

₽23906
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2588
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽469
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6325
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽126907
₽129717
₽120156
₽124026
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
3 751
income
-
-
-
25 575
pensions

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

-
-
-
4 827
unemployment
-
-
-
130
total
-
-
-
34 283
Employee
21 268
-
164 101
-
income
2 127
-
16 410
-
accident

We are using the highest rate at 1.1%.

234
-
359
-
pensions

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

1 867
-
2 864
-
health
978
-
1 500
-
total
5 206
-
21 133
-
Employer
21 268
-
164 101
-
unemployment
128
-
196
-
health
1 468
-
2 250
-
accident

We are using the highest rate at 1.1%.

234
-
359
-
pensions

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

2 344
-
3 594
-
total
4 174
-
6 399
-
Corporate
145 059
170 500
-
-
income
14 506
17 050
-
-
total
14 506
17 050
-
-
Dividends
130 554
153 450
-
-
withholding
6 527
7 672
-
-
total
6 527
7 672
-
-
Income
170 500
170 500
170 500
170 500
Total tax
30 413
24 722
27 532
34 283
After tax
140 087
145 778
142 968
136 217
Living cost
16 061
16 061
16 061
16 061
Free-cash
124 026
129 717
126 907
120 156

Estimated living cost  is ₽16061 per week

₽10623
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽920
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽383
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4136
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽71432
₽51174
₽53285
₽63568
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
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.

-
-
-
6 471
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.

-
-
-
53 108
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.

-
-
-
2 921
trade
-
-
-
18 147
total
-
-
-
80 647
Employee

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

47 129
-
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
-
2 921
-
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.

3 875
-
53 108
-
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.

6 471
-
6 471
-
total
10 560
-
62 500
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
123 371
170 500
-
-
chamber of commerce
325
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.

1 017
1 407
-
-
trade
17 703
24 467
-
-
income
18 505
25 574
-
-
total
37 550
51 842
-
-
Dividends
85 820
118 657
-
-
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.

1 159
1 612
-
-
withholding
21 095
29 304
-
-
total
22 254
30 916
-
-
Income
170 500
170 500
170 500
170 500
Total tax
70 364
82 758
62 500
80 647
After tax
100 136
87 742
108 000
89 853
Living cost
36 568
36 568
36 568
36 568
Free-cash
63 568
51 174
71 432
53 285

Estimated living cost  is ₽36568 per week

₽25226
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3935
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽530
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6877
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽35471
₽65393
₽35471
₽67487
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
income
-
-
-
52 544
social contributions
-
-
-
28 529
total
-
-
-
81 073
Employee
74 091
-
170 500
-
income
13 981
-
52 544
-
social contributions
6 155
-
28 529
-
total
20 136
-
81 073
-
Employer
74 091
-
170 500
-
total
-
-
-
-
Corporate
96 409
170 500
-
-
income
12 050
21 313
-
-
total
12 050
21 313
-
-
Dividends
84 358
149 187
-
-
withholding
16 871
29 838
-
-
total
16 871
29 838
-
-
Income
170 500
170 500
170 500
170 500
Total tax
49 057
51 151
81 073
81 073
After tax
121 443
119 349
89 427
89 427
Living cost
53 956
53 956
53 956
53 956
Free-cash
67 487
65 393
35 471
35 471

Estimated living cost  is ₽53956 per week

₽41049
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4397
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽516
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7995
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽86622
₽71439
₽103329
₽74749
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
income
-
-
-
26 962
health

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

-
-
-
5 826
total
-
-
-
32 788
Employee
43 451
-
166 143
-
income
4 715
-
40 781
-
social contributions
4 353
-
4 357
-
total
9 068
-
45 138
-
Employer
43 451
-
166 143
-
social contributions
4 353
-
4 357
-
total
4 353
-
4 357
-
Corporate
122 695
170 500
-
-
income
42 943
59 674
-
-
total
42 943
59 674
-
-
Dividends
79 752
110 826
-
-
social contributions
5 004
5 004
-
-
total
5 004
5 004
-
-
Income
170 500
170 500
170 500
170 500
Total tax
61 368
64 678
49 495
32 788
After tax
109 132
105 822
121 005
137 712
Living cost
34 383
34 383
34 383
34 383
Free-cash
74 749
71 439
86 622
103 329

Estimated living cost  is ₽34383 per week

₽22648
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2711
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽527
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8497
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽62304
₽76112
₽77713
₽81695
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
income
-
-
-
49 203
pensions
-
-
-
8 570
total
-
-
-
57 773
Employee
48 061
-
148 899
-
income
8 752
-
38 931
-
health
627
-
2 141
-
pensions
3 668
-
10 509
-
total
13 047
-
51 581
-
Employer
48 061
-
148 899
-
health
913
-
2 830
-
pensions
4 856
-
18 771
-
total
5 769
-
21 601
-
Corporate
116 670
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.

22 167
32 396
-
-
total
22 167
32 396
-
-
Dividends
94 502
138 104
-
-
withholding
12 808
26 978
-
-
total
12 808
26 978
-
-
Income
170 500
170 500
170 500
170 500
Total tax
53 791
59 374
73 182
57 773
After tax
116 709
111 126
97 318
112 727
Living cost
35 014
35 014
35 014
35 014
Free-cash
81 695
76 112
62 304
77 713

Estimated living cost  is ₽35014 per week

₽24019
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3220
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.
₽7334
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽69942
-₽8940
₽93795
₽10319
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
other
-
-
-
354
health
-
-
-
2 083
accident
-
-
-
241
income
-
-
-
47 302
pensions
-
-
-
3 974
total
-
-
-
53 954
Employee
35 788
-
153 648
-
income
4 910
-
36 076
-
pensions
4 030
-
7 286
-
health
4 098
-
17 593
-
total
13 038
-
60 955
-
Employer
35 788
-
153 648
-
unemployment
877
-
3 764
-
accident
598
-
2 566
-
pensions
5 819
-
10 522
-
total
7 294
-
16 852
-
Corporate
127 419
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.

114 677
153 450
-
-
total
114 677
153 450
-
-
Dividends
12 742
17 050
-
-
withholding
2 421
3 239
-
-
total
2 421
3 239
-
-
Income
170 500
170 500
170 500
170 500
Total tax
137 430
156 689
77 807
53 954
After tax
33 070
13 811
92 693
116 546
Living cost
22 751
22 751
22 751
22 751
Free-cash
10 319
-8 940
69 942
93 795

Estimated living cost  is ₽22751 per week

₽16697
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1326
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽458
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4270
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽108760
₽130702
₽87966
₽126277
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
income
-
-
-
28 171
health insurance
-
-
-
11 191
work injury
-
-
-
756
pensions
-
-
-
27 827
unemployment
-
-
-
1 815
total
-
-
-
69 760
Employee

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

20 438
-
170 500
-
income
2 044
-
28 171
-
work injury
102
-
378
-
health insurance
1 512
-
5 596
-
pensions
3 761
-
13 914
-
unemployment
245
-
907
-
total
7 664
-
48 966
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
150 062
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%.

1 501
1 705
-
-
total
1 501
1 705
-
-
Dividends
148 562
168 795
-
-
withholding
22 284
25 319
-
-
total
22 284
25 319
-
-
Income
170 500
170 500
170 500
170 500
Total tax
31 449
27 024
48 966
69 760
After tax
139 051
143 476
121 534
100 740
Living cost
12 774
12 774
12 774
12 774
Free-cash
126 277
130 702
108 760
87 966

Estimated living cost  is ₽12774 per week

₽7913
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽928
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽398
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3533
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽34036
₽52074
₽41519
₽47765
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
43 853
national
-
-
-
42 345
regional
-
-
-
3 909
municipal
-
-
-
1 140
total
-
-
-
91 247
Employee
79 816
-
170 500
-
social contributions
26 914
-
57 492
-
municipal
476
-
1 017
-
national
13 488
-
36 753
-
regional
1 205
-
3 468
-
total
42 083
-
98 730
-
Employer
79 816
-
170 500
-
total
-
-
-
-
Corporate
90 684
170 500
-
-
nationa
21 764
40 919
-
-
municipal
4 371
8 218
-
-
total
26 135
49 137
-
-
Dividends
64 549
121 363
-
-
withholding
16 783
31 555
-
-
total
16 783
31 555
-
-
Income
170 500
170 500
170 500
170 500
Total tax
85 001
80 692
98 730
91 247
After tax
85 499
89 808
71 770
79 253
Living cost
37 734
37 734
37 734
37 734
Free-cash
47 765
52 074
34 036
41 519

Estimated living cost  is ₽37734 per week

₽26506
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2596
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽570
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8062
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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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