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
₽55696
₽78429
₽58903
₽66763
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
income

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

-
-
-
52 067
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.

-
-
-
2 863
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.

-
-
-
6 835
trade
-
-
-
19 526
total
-
-
-
81 291
Employee

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

38 269
-
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.

59
-
2 863
-
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.

1 069
-
52 067
-
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.

6 835
-
6 835
-
total
7 963
-
61 765
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
132 231
170 500
-
-
income
19 834
25 576
-
-
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.

1 092
1 407
-
-
chamber of commerce
342
397
-
-
trade
20 827
26 854
-
-
total
42 095
54 234
-
-
Dividends
90 137
116 267
-
-
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.

1 219
1 578
-
-
withholding
22 154
28 686
-
-
total
23 373
30 264
-
-
Income
170 500
170 500
170 500
170 500
Total tax
73 431
84 498
61 765
81 291
After tax
97 069
86 002
108 735
89 209
Living cost
30 306
30 306
30 306
30 306
Free-cash
66 763
55 696
78 429
58 903

Estimated living cost  is ₽30306 per week

₽19063
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3534
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽566
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7143
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽53341
₽49122
₽47784
₽52459
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
municipal
-
-
-
18 580
national
-
-
-
28 792
pensions
-
-
-
20 460
total
-
-
-
69 665
Employee
82 238
-
147 396
-
municipal
10 158
-
19 240
-
pensions
3 290
-
5 896
-
national
15 740
-
29 814
-
total
29 188
-
54 950
-
Employer
82 238
-
147 396
-
pensions
6 579
-
11 792
-
social contributions
884
-
1 585
-
total
7 463
-
13 377
-
Corporate
75 371
170 500
-
-
income

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

15 074
34 100
-
-
total
15 074
34 100
-
-
Dividends
60 297
136 400
-
-
withholding
13 265
30 008
-
-
total
13 265
30 008
-
-
Income
170 500
170 500
170 500
170 500
Total tax
64 990
64 108
68 327
69 665
After tax
105 510
106 392
102 173
100 835
Living cost
53 051
53 051
53 051
53 051
Free-cash
52 459
53 341
49 122
47 784

Estimated living cost  is ₽53051 per week

₽36058
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4931
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽794
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽11267
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽115585
₽50051
₽37527
₽107378
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
income
-
-
-
30 345
surtax
-
-
-
43 477
social contributions

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

-
-
-
38 335
microenterprise
-
-
-
-
total
-
-
-
112 157
Employee
29 236
-
127 724
-
surtax
-
-
18 520
-
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.

3 216
-
13 116
-
income
5 204
-
25 220
-
total
8 420
-
56 856
-
Employer
29 236
-
127 724
-
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.

7 042
-
28 726
-
surtax
-
-
14 051
-
total
7 042
-
42 777
-
Corporate
134 221
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%.

26 844
34 099
-
-
total
26 844
34 099
-
-
Dividends

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

107 377
136 401
-
-
total
-
-
-
-
Income
170 500
170 500
170 500
170 500
Total tax
42 306
34 099
99 633
112 157
After tax
128 194
136 401
70 867
58 343
Living cost
20 816
20 816
20 816
20 816
Free-cash
107 378
115 585
50 051
37 527

Estimated living cost  is ₽20816 per week

₽13280
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1982
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.
₽5081
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽42415
₽63986
₽52615
₽36283
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
51 910
health
-
-
-
12 338
pensions
-
-
-
11 723
total
-
-
-
75 971
Employee
85 442
85 442
151 906
-
pensions
15 380
11 723
11 723
-
income

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

13 986
13 986
21 945
-
health
13 114
11 155
12 338
-
total
42 480
36 864
46 006
-
Employer
85 442
85 442
151 906
-
health
5 939
5 939
7 380
-
pensions
5 947
5 947
7 392
-
unemployment
3 076
3 076
3 822
-
total
14 962
14 962
18 594
-
Corporate
71 144
70 096
-
-
income
14 229
14 018
-
-
total
14 229
14 018
-
-
Dividends
56 915
56 078
-
-
income
12 095
11 916
-
-
withholding
8 537
8 411
-
-
total
20 632
20 327
-
-
Income
170 500
170 500
170 500
170 500
Total tax
92 303
86 171
64 600
75 971
After tax
78 197
84 329
105 900
94 529
Living cost
41 914
41 914
41 914
41 914
Free-cash
36 283
42 415
63 986
52 615

Estimated living cost  is ₽41914 per week

₽29704
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3778
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽666
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7766
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽51992
₽46128
₽47125
₽51070
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
accident
-
-
-
180
other
-
-
-
10 467
unemployment
-
-
-
90
health
-
-
-
5 621
municipal
-
-
-
43 061
national
-
-
-
13 117
pensions
-
-
-
9 738
total
-
-
-
82 274
Employee
58 565
-
142 197
-
municipal
17 464
-
42 403
-
national
-
-
12 565
-
total
17 464
-
54 968
-
Employer
58 565
-
142 197
-
health
3 602
-
5 540
-
pensions
6 331
-
9 738
-
accident
117
-
180
-
unemployment
1 546
-
2 378
-
other
6 805
-
10 467
-
total
18 401
-
28 303
-
Corporate
93 534
170 500
-
-
income
20 577
37 510
-
-
total
20 577
37 510
-
-
Dividends
72 956
132 990
-
-
withholding
21 887
39 897
-
-
total
21 887
39 897
-
-
Income
170 500
170 500
170 500
170 500
Total tax
78 329
77 407
83 271
82 274
After tax
92 171
93 093
87 229
88 226
Living cost
41 101
41 101
41 101
41 101
Free-cash
51 070
51 992
46 128
47 125

Estimated living cost  is ₽41101 per week

₽27240
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4033
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽624
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9204
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽45820
₽69430
₽49036
₽59880
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
income

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

-
-
-
52 067
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.

-
-
-
2 863
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.

-
-
-
6 835
trade
-
-
-
20 394
total
-
-
-
82 159
Employee

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

50 740
-
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.

239
-
2 863
-
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.

4 359
-
52 067
-
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.

6 835
-
6 835
-
total
11 433
-
61 765
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
119 760
170 500
-
-
income
17 964
25 576
-
-
surtax

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

987
1 407
-
-
chamber of commerce
323
395
-
-
trade
19 701
28 048
-
-
total
38 975
55 426
-
-
Dividends
80 785
115 075
-
-
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.

1 090
1 561
-
-
withholding
19 817
28 388
-
-
total
20 907
29 949
-
-
Income
170 500
170 500
170 500
170 500
Total tax
71 315
85 375
61 765
82 159
After tax
99 185
85 125
108 735
88 341
Living cost
39 305
39 305
39 305
39 305
Free-cash
59 880
45 820
69 430
49 036

Estimated living cost  is ₽39305 per week

₽26288
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4145
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽587
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8286
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽91949
₽82854
₽84373
₽87796
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
33 138
social contributions
-
-
-
16 188
health
-
-
-
4 348
total
-
-
-
53 674
Employee
76 937
76 937
158 946
-
social contributions
3 739
6 385
8 613
-
income
8 079
7 122
32 324
-
health
765
1 308
2 702
-
total
12 583
14 815
43 639
-
Employer
76 937
76 937
158 946
-
health
834
1 424
2 941
-
social contributions
3 739
6 385
8 613
-
total
4 573
7 809
11 554
-
Corporate
120 892
85 754
-
-
income
15 112
10 718
-
-
total
15 112
10 718
-
-
Dividends
105 781
75 035
-
-
withholding
17 983
12 756
-
-
total
17 983
12 756
-
-
Income
170 500
170 500
170 500
170 500
Total tax
50 251
46 098
55 193
53 674
After tax
120 249
124 402
115 307
116 826
Living cost
32 453
32 453
32 453
32 453
Free-cash
87 796
91 949
82 854
84 373

Estimated living cost  is ₽32453 per week

₽22185
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2535
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.
₽7189
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽77423
₽80470
₽99742
₽77806
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
20 844
unemployment
-
-
-
2 558
health
-
-
-
11 935
pensions
-
-
-
17 050
total
-
-
-
52 387
Employee

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

The minimum wage is 138,000 HUF per month.

26 520
10 554
142 678
-
unemployment
398
158
2 140
-
pensions
2 652
1 055
14 268
-
income
3 242
1 290
17 442
-
health
1 856
739
9 987
-
total
8 148
3 242
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.

26 520
10 554
142 678
-
pensions
5 171
2 058
27 822
-
total
5 171
2 058
27 822
-
Corporate
138 809
157 887
-
-
income
12 493
14 210
-
-
total
12 493
14 210
-
-
Dividends
126 316
143 678
-
-
social contributions
24 511
27 897
-
-
withholding
24 000
27 299
-
-
total
48 511
55 196
-
-
Income
170 500
170 500
170 500
170 500
Total tax
74 323
74 706
71 659
52 387
After tax
96 177
95 794
98 841
118 113
Living cost
18 371
18 371
18 371
18 371
Free-cash
77 806
77 423
80 470
99 742

Estimated living cost  is ₽18371 per week

₽12537
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1503
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽367
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3964
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽112234
₽74107
₽67219
₽106017
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
22 847
health
-
-
-
22 166
pensions
-
-
-
34 101
total
-
-
-
79 114
Employee
28 384
-
127 428
-
unemployment
454
-
2 039
-
pensions
568
-
2 548
-
income
3 196
-
24 568
-
total
4 218
-
29 155
-
Employer
28 384
-
127 428
-
health
3 689
-
16 566
-
pensions
5 677
-
25 485
-
unemployment
228
-
1 020
-
total
9 594
-
43 071
-
Corporate
132 522
170 500
-
-
income
26 504
34 099
-
-
total
26 504
34 099
-
-
Dividends
106 018
136 401
-
-
total
-
-
-
-
Income
170 500
170 500
170 500
170 500
Total tax
40 316
34 099
72 226
79 114
After tax
130 184
136 401
98 274
91 386
Living cost
24 167
24 167
24 167
24 167
Free-cash
106 017
112 234
74 107
67 219

Estimated living cost  is ₽24167 per week

₽16576
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1439
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽486
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5666
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽8492
₽70026
₽94281
₽10390
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
accident
-
-
-
256
income
-
-
-
46 856
other
-
-
-
376
health
-
-
-
2 211
pensions
-
-
-
4 218
total
-
-
-
53 917
Employee
35 083
-
153 026
-
pensions
3 950
-
7 734
-
income
4 813
-
35 442
-
health
4 017
-
17 522
-
total
12 780
-
60 698
-
Employer
35 083
-
153 026
-
pensions
5 705
-
11 169
-
accident
586
-
2 556
-
unemployment
859
-
3 749
-
total
7 150
-
17 474
-
Corporate
128 268
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.

115 441
153 450
-
-
total
115 441
153 450
-
-
Dividends
12 827
17 050
-
-
withholding
2 437
3 240
-
-
total
2 437
3 240
-
-
Income
170 500
170 500
170 500
170 500
Total tax
137 808
156 690
78 172
53 917
After tax
32 692
13 810
92 328
116 583
Living cost
22 302
22 302
22 302
22 302
Free-cash
10 390
-8 492
70 026
94 281

Estimated living cost  is ₽22302 per week

₽16346
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1236
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽465
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4256
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽153910
₽128335
₽160730
₽152398
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
10 081
-
170 500
-
income
2 016
-
34 100
-
total
2 016
-
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%.

160 419
170 500
-
-
total
-
-
-
-
Dividends
160 419
170 500
-
-
withholding
8 021
8 525
-
-
total
8 021
8 525
-
-
Income
170 500
170 500
170 500
170 500
Total tax
10 037
8 525
34 100
1 705
After tax
160 463
161 975
136 400
168 795
Living cost
8 065
8 065
8 065
8 065
Free-cash
152 398
153 910
128 335
160 730

Estimated living cost  is ₽8065 per week

₽4998
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽670
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽222
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2175
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽98607
₽70110
₽67619
₽91848
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
25 783
other
-
-
-
7 227
health
-
-
-
6 695
pensions

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

-
-
-
36 516
total
-
-
-
76 221
Employee
36 329
-
136 183
-
unemployment
363
-
1 361
-
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.

2 542
-
9 533
-
income
6 254
-
26 613
-
health
509
-
1 906
-
total
9 668
-
39 413
-
Employer
36 329
-
136 183
-
health
509
-
1 906
-
pensions

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

6 177
-
23 151
-
accident
291
-
1 090
-
unemployment
363
-
1 361
-
other
1 817
-
6 809
-
total
9 157
-
34 317
-
Corporate
125 016
170 500
-
-
income
26 254
35 804
-
-
total
26 254
35 804
-
-
Dividends
98 762
134 696
-
-
withholding
6 913
9 429
-
-
total
6 913
9 429
-
-
Income
170 500
170 500
170 500
170 500
Total tax
51 992
45 233
73 730
76 221
After tax
118 508
125 267
96 770
94 279
Living cost
26 660
26 660
26 660
26 660
Free-cash
91 848
98 607
70 110
67 619

Estimated living cost  is ₽26660 per week

₽18837
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1800
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽429
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5594
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Bratislava model

Close
London , United Kingdom
₽45731
₽31593
₽47049
₽47800
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
48 283
pensions
-
-
-
8 840
total
-
-
-
57 123
Employee
93 844
-
148 979
-
pensions
9 053
-
10 902
-
income
16 916
-
37 980
-
health
1 546
-
2 176
-
total
27 515
-
51 058
-
Employer
93 844
-
148 979
-
health
1 782
-
2 831
-
pensions
11 080
-
18 690
-
total
12 862
-
21 521
-
Corporate
63 794
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.

12 120
32 396
-
-
total
12 120
32 396
-
-
Dividends
51 674
138 104
-
-
withholding
3 875
26 045
-
-
total
3 875
26 045
-
-
Income
170 500
170 500
170 500
170 500
Total tax
56 372
58 441
72 579
57 123
After tax
114 128
112 059
97 921
113 377
Living cost
66 328
66 328
66 328
66 328
Free-cash
47 800
45 731
31 593
47 049

Estimated living cost  is ₽66328 per week

₽49701
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽7793
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.
₽8295
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽132665
₽129108
₽122483
₽128018
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
25 575
unemployment
-
-
-
140
health
-
-
-
4 018
pensions

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

-
-
-
5 171
total
-
-
-
34 904
Employee
17 364
-
163 646
-
accident

We are using the highest rate at 1.1%.

191
-
384
-
pensions

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

1 525
-
3 068
-
income
1 736
-
16 365
-
health
799
-
1 607
-
total
4 251
-
21 424
-
Employer
17 364
-
163 646
-
health
1 198
-
2 411
-
pensions

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

1 914
-
3 850
-
accident

We are using the highest rate at 1.1%.

191
-
384
-
unemployment
104
-
210
-
total
3 407
-
6 855
-
Corporate
149 729
170 500
-
-
income
14 973
17 050
-
-
total
14 973
17 050
-
-
Dividends
134 756
153 450
-
-
withholding
6 738
7 672
-
-
total
6 738
7 672
-
-
Income
170 500
170 500
170 500
170 500
Total tax
29 369
24 722
28 279
34 904
After tax
141 131
145 778
142 221
135 596
Living cost
13 113
13 113
13 113
13 113
Free-cash
128 018
132 665
129 108
122 483

Estimated living cost  is ₽13113 per week

₽7656
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽936
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.
₽4174
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽28847
₽50418
₽39047
₽31362
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
51 910
health
-
-
-
12 338
pensions
-
-
-
11 723
total
-
-
-
75 971
Employee
92 763
85 442
151 906
-
pensions
11 723
11 723
11 723
-
income

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

13 986
13 986
21 945
-
health
11 573
11 155
12 338
-
total
37 282
36 864
46 006
-
Employer
92 763
85 442
151 906
-
health
6 446
5 939
7 380
-
pensions
6 456
5 947
7 392
-
unemployment
3 340
3 076
3 822
-
total
16 242
14 962
18 594
-
Corporate
61 495
70 096
-
-
income
12 300
14 018
-
-
total
12 300
14 018
-
-
Dividends
49 196
56 078
-
-
income
10 454
11 916
-
-
withholding
7 378
8 411
-
-
total
17 832
20 327
-
-
Income
170 500
170 500
170 500
170 500
Total tax
83 656
86 171
64 600
75 971
After tax
86 844
84 329
105 900
94 529
Living cost
55 482
55 482
55 482
55 482
Free-cash
31 362
28 847
50 418
39 047

Estimated living cost  is ₽55482 per week

₽40927
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4956
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽636
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8964
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽92529
₽62721
₽70094
₽83660
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
16 756
social contributions
-
-
-
35 773
solidarity contribution
-
-
-
-
health
-
-
-
23 017
total
-
-
-
75 546
Employee
36 559
-
128 323
-
solidarity contribution
-
-
-
-
social contributions
2 376
-
7 963
-
income
4 387
-
15 455
-
health
4 936
-
17 324
-
total
11 699
-
40 742
-
Employer
36 559
-
128 323
-
health
3 290
-
11 549
-
social contributions
9 140
-
30 628
-
total
12 430
-
42 177
-
Corporate
121 511
170 500
-
-
income
23 087
32 395
-
-
total
23 087
32 395
-
-
Dividends
98 424
138 105
-
-
withholding
14 764
20 716
-
-
total
14 764
20 716
-
-
Income
170 500
170 500
170 500
170 500
Total tax
61 980
53 111
82 919
75 546
After tax
108 520
117 389
87 581
94 954
Living cost
24 860
24 860
24 860
24 860
Free-cash
83 660
92 529
62 721
70 094

Estimated living cost  is ₽24860 per week

₽17268
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1769
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽489
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5335
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽48750
₽31902
₽39602
₽43524
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
regional
-
-
-
2 006
municipal
-
-
-
1 014
national
-
-
-
41 806
total
-
-
-
88 679
Employee
88 922
-
170 500
-
municipal
471
-
904
-
national
15 408
-
36 212
-
regional
839
-
1 770
-
social contributions
29 985
-
57 493
-
total
46 703
-
96 379
-
Employer
88 922
-
170 500
-
total
-
-
-
-
Corporate
81 578
170 500
-
-
municipal
3 182
6 649
-
-
nationa
19 580
40 919
-
-
total
22 762
47 568
-
-
Dividends
58 816
122 931
-
-
withholding
15 292
31 963
-
-
total
15 292
31 963
-
-
Income
170 500
170 500
170 500
170 500
Total tax
84 757
79 531
96 379
88 679
After tax
85 743
90 969
74 121
81 821
Living cost
42 219
42 219
42 219
42 219
Free-cash
43 524
48 750
31 902
39 602

Estimated living cost  is ₽42219 per week

₽29430
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2768
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽647
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9372
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽85166
₽52526
₽58680
₽82051
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
46 287
other
-
-
-
-
surtax
-
-
-
7 039
unemployment
-
-
-
228
health
-
-
-
9 480
pensions
-
-
-
26 707
total
-
-
-
89 741
Employee
33 087
-
142 391
-
other
-
-
-
-
unemployment
2 303
-
9 294
-
pensions
2 206
-
8 907
-
surtax
108
-
5 880
-
income
5 546
-
40 302
-
health
845
-
3 404
-
total
11 008
-
67 787
-
Employer
33 087
-
142 391
-
health
1 506
-
6 076
-
pensions
4 411
-
17 800
-
unemployment
1 048
-
4 232
-
other
-
-
-
-
total
6 965
-
28 108
-
Corporate
130 448
170 500
-
-
income
33 917
44 329
-
-
total
33 917
44 329
-
-
Dividends
96 531
126 171
-
-
withholding
14 480
18 926
-
-
total
14 480
18 926
-
-
Income
170 500
170 500
170 500
170 500
Total tax
66 370
63 255
95 895
89 741
After tax
104 130
107 245
74 605
80 759
Living cost
22 079
22 079
22 079
22 079
Free-cash
82 051
85 166
52 526
58 680

Estimated living cost  is ₽22079 per week

₽13500
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2037
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽509
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6032
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽66746
₽52608
₽68064
₽73296
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
48 283
pensions
-
-
-
8 840
total
-
-
-
57 123
Employee
62 892
-
148 979
-
pensions
5 338
-
10 902
-
income
11 327
-
37 980
-
health
913
-
2 176
-
total
17 578
-
51 058
-
Employer
62 892
-
148 979
-
health
1 195
-
2 831
-
pensions
6 808
-
18 690
-
total
8 003
-
21 521
-
Corporate
99 606
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.

18 926
32 396
-
-
total
18 926
32 396
-
-
Dividends
80 680
138 104
-
-
withholding
7 384
26 045
-
-
total
7 384
26 045
-
-
Income
170 500
170 500
170 500
170 500
Total tax
51 891
58 441
72 579
57 123
After tax
118 609
112 059
97 921
113 377
Living cost
45 313
45 313
45 313
45 313
Free-cash
73 296
66 746
52 608
68 064

Estimated living cost  is ₽45313 per week

₽33948
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3396
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽474
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7494
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽1281
₽51293
₽59455
₽32624
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
3 409
regional
-
-
-
8 088
health
-
-
-
383
city
-
-
-
1 797
national
-
-
-
2 436
pensions
-
-
-
15 686
total
-
-
-
31 799
Employee
92 738
-
152 605
-
unemployment
-
-
-
-
pensions
7 791
-
12 819
-
national
439
-
1 940
-
regional
3 037
-
7 004
-
city
995
-
1 638
-
health
210
-
344
-
total
12 472
-
23 745
-
Employer
92 738
-
152 605
-
health
210
-
344
-
pensions
7 791
-
12 819
-
unemployment
-
-
-
-
other

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

1 854
-
3 053
-
total
9 855
-
16 216
-
Corporate
66 887
170 500
-
-
regional
14 148
36 060
-
-
national
5 685
14 492
-
-
total
19 833
50 552
-
-
Dividends
47 055
119 948
-
-
withholding
16 470
41 983
-
-
total
16 470
41 983
-
-
Income
170 500
170 500
170 500
170 500
Total tax
58 630
92 535
39 961
31 799
After tax
111 870
77 965
130 539
138 701
Living cost
79 246
79 246
79 246
79 246
Free-cash
32 624
-1 281
51 293
59 455

Estimated living cost  is ₽79246 per week

₽51533
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽7111
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽973
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽19629
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽38413
₽62900
₽41636
₽54641
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
income

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

-
-
-
52 067
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.

-
-
-
2 863
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.

-
-
-
6 835
trade
-
-
-
21 264
total
-
-
-
83 029
Employee

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

60 131
-
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.

389
-
2 863
-
income

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

7 071
-
52 067
-
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.

6 835
-
6 835
-
total
14 295
-
61 765
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
110 369
170 500
-
-
income
16 555
25 576
-
-
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.

911
1 407
-
-
chamber of commerce
308
391
-
-
trade
18 928
29 240
-
-
total
36 702
56 614
-
-
Dividends
73 667
113 886
-
-
surtax

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

991
1 546
-
-
withholding
18 036
28 092
-
-
total
19 027
29 638
-
-
Income
170 500
170 500
170 500
170 500
Total tax
70 024
86 252
61 765
83 029
After tax
100 476
84 248
108 735
87 471
Living cost
45 835
45 835
45 835
45 835
Free-cash
54 641
38 413
62 900
41 636

Estimated living cost  is ₽45835 per week

₽33476
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3666
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽596
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8098
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽51701
₽60091
₽61944
₽57609
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
26 202
other
-
-
-
5 286
surtax
-
-
-
-
social contributions
-
-
-
4 857
health
-
-
-
7 029
pensions
-
-
-
30 950
total
-
-
-
74 324
Employee
42 822
-
132 438
-
pensions
4 842
-
9 009
-
surtax
-
-
-
-
social contributions
1 221
-
3 775
-
income
2 527
-
25 330
-
total
8 590
-
38 114
-
Employer
42 822
-
132 438
-
health
2 998
-
12 018
-
pensions
7 035
-
15 202
-
unemployment
1 734
-
5 364
-
social contributions
129
-
397
-
other
1 477
-
5 082
-
total
13 373
-
38 063
-
Corporate
114 306
170 500
-
-
income
32 005
47 739
-
-
surtax
-
-
-
-
total
32 005
47 739
-
-
Dividends
82 301
122 761
-
-
surtax
-
-
-
-
social contributions
14 157
21 114
-
-
withholding
10 534
15 714
-
-
total
24 691
36 828
-
-
Income
170 500
170 500
170 500
170 500
Total tax
78 659
84 567
76 177
74 324
After tax
91 841
85 933
94 323
96 176
Living cost
34 232
34 232
34 232
34 232
Free-cash
57 609
51 701
60 091
61 944

Estimated living cost  is ₽34232 per week

₽21585
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2784
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽583
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9283
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽55093
₽63483
₽65336
₽60653
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
26 202
other
-
-
-
5 286
surtax
-
-
-
-
social contributions
-
-
-
4 857
health
-
-
-
7 029
pensions
-
-
-
30 950
total
-
-
-
74 324
Employee
38 224
-
132 438
-
pensions
4 323
-
9 009
-
surtax
-
-
-
-
social contributions
1 090
-
3 775
-
income
1 971
-
25 330
-
total
7 384
-
38 114
-
Employer
38 224
-
132 438
-
health
2 675
-
12 018
-
pensions
6 281
-
15 202
-
unemployment
1 547
-
5 364
-
social contributions
114
-
397
-
other
1 320
-
5 082
-
total
11 937
-
38 063
-
Corporate
120 338
170 500
-
-
income
33 695
47 739
-
-
surtax
-
-
-
-
total
33 695
47 739
-
-
Dividends
86 644
122 761
-
-
surtax
-
-
-
-
social contributions
14 901
21 114
-
-
withholding
11 090
15 714
-
-
total
25 991
36 828
-
-
Income
170 500
170 500
170 500
170 500
Total tax
79 007
84 567
76 177
74 324
After tax
91 493
85 933
94 323
96 176
Living cost
30 840
30 840
30 840
30 840
Free-cash
60 653
55 093
63 483
65 336

Estimated living cost  is ₽30840 per week

₽17886
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3133
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽585
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9237
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽82806
₽84931
₽88278
₽83322
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
25 576
social contributions
-
-
-
23 529
health
-
-
-
11 901
total
-
-
-
61 006
Employee
33 924
-
170 500
-
social contributions
4 682
-
23 529
-
income
5 658
-
28 923
-
health
2 368
-
11 901
-
total
12 708
-
64 353
-
Employer
33 924
-
170 500
-
total
-
-
-
-
Corporate
136 576
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%.

6 830
8 525
-
-
total
6 830
8 525
-
-
Dividends
129 746
161 975
-
-
social contributions
17 905
22 352
-
-
withholding
19 462
24 296
-
-
health
9 057
11 305
-
-
total
46 424
57 953
-
-
Income
170 500
170 500
170 500
170 500
Total tax
65 962
66 478
64 353
61 006
After tax
104 538
104 022
106 147
109 494
Living cost
21 216
21 216
21 216
21 216
Free-cash
83 322
82 806
84 931
88 278

Estimated living cost  is ₽21216 per week

₽14199
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1308
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽488
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5220
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽59138
₽10021
₽52238
₽57591
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
45 425
surtax
-
-
-
197
unemployment
-
-
-
6 137
chamber of commerce
-
-
-
682
health
-
-
-
8 941
pensions
-
-
-
21 625
total
-
-
-
83 007
Employee
50 003
39 873
135 319
-
other
499
399
1 170
-
unemployment
1 500
1 196
3 507
-
pensions
5 121
4 082
11 970
-
income
5 692
2 941
35 994
-
health
1 935
1 544
4 523
-
total
14 747
10 162
57 164
-
Employer
50 003
39 873
135 319
-
chamber of commerce
199
159
541
-
health
1 889
1 508
4 418
-
pensions
6 275
5 005
14 669
-
accident
649
518
1 519
-
unemployment
1 500
1 196
3 507
-
surtax
197
197
197
-
payroll
1 500
1 196
4 059
-
other
2 375
1 893
6 270
-
total
14 584
11 672
35 180
-
Corporate
105 911
118 954
131 521
-
income

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

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

26 478
29 738
32 880
-
total
26 478
29 738
32 880
-
Dividends
79 434
89 216
-
-
withholding
21 845
24 535
-
-
total
21 845
24 535
-
-
Income
170 500
170 500
170 500
170 500
Total tax
77 654
76 107
125 224
83 007
After tax
92 846
94 393
45 276
87 493
Living cost
35 255
35 255
35 255
35 255
Free-cash
57 591
59 138
10 021
52 238

Estimated living cost  is ₽35255 per week

₽23514
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3008
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.
₽8155
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽58886
₽23872
₽37399
₽43880
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
communal

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

-
-
-
8 734
social contributions
-
-
-
24 945
national
-
-
-
62 941
total
-
-
-
96 620
Employee

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

71 569
-
132 055
-
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.

623
-
1 149
-
communal

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

3 733
-
6 889
-
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.

5 368
-
9 904
-
national
22 003
-
47 561
-
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.

3 363
-
6 207
-
total
35 090
-
71 710
-
Employer

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

71 569
-
132 055
-
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.

4 401
-
8 121
-
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.

6 342
-
11 700
-
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.

930
-
1 716
-
unemployment

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

1 044
-
1 927
-
surtax
8 115
-
14 973
-
total
20 832
-
38 437
-
Corporate
78 098
170 500
-
-
income
15 619
34 099
-
-
surtax
313
682
-
-
total
15 932
34 781
-
-
Dividends
62 166
135 719
-
-
withholding

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

18 285
40 352
-
-
total
18 285
40 352
-
-
Income
170 500
170 500
170 500
170 500
Total tax
90 139
75 133
110 147
96 620
After tax
80 361
95 367
60 353
73 880
Living cost
36 481
36 481
36 481
36 481
Free-cash
43 880
58 886
23 872
37 399

Estimated living cost  is ₽36481 per week

₽23499
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3190
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽572
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9222
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽77585
₽55417
₽59615
₽70615
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
accident
-
-
-
835
income
-
-
-
46 930
other
-
-
-
93
unemployment
-
-
-
649
pensions
-
-
-
26 244
total
-
-
-
74 751
Employee
49 805
-
140 935
-
other
49
-
93
-
unemployment
773
-
1 437
-
pensions
2 341
-
4 359
-
income
10 508
-
43 495
-
total
13 671
-
49 384
-
Employer
49 805
-
140 935
-
pensions
11 753
-
21 887
-
accident
985
-
1 836
-
unemployment
2 740
-
5 100
-
other
397
-
742
-
total
15 875
-
29 565
-
Corporate
104 820
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.

15 723
25 576
-
-
total
15 723
25 576
-
-
Dividends
89 097
144 924
-
-
withholding
18 482
31 205
-
-
total
18 482
31 205
-
-
Income
170 500
170 500
170 500
170 500
Total tax
63 751
56 781
78 949
74 751
After tax
106 749
113 719
91 551
95 749
Living cost
36 134
36 134
36 134
36 134
Free-cash
70 615
77 585
55 417
59 615

Estimated living cost  is ₽36134 per week

₽26609
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2563
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽520
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6440
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽45728
₽37361
₽30565
₽33205
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
communal
-
-
-
10 775
accident
-
-
-
1 437
income
-
-
-
27 358
surtax
-
-
-
8 453
health
-
-
-
11 981
pensions
-
-
-
25 557
total
-
-
-
85 561
Employee
75 770
-
152 299
-
pensions
6 061
-
12 184
-
surtax
4 644
-
9 334
-
income
7 319
-
32 268
-
health
3 372
-
6 778
-
total
21 396
-
60 564
-
Employer
75 770
-
152 299
-
health
2 311
-
4 646
-
pensions
6 061
-
12 184
-
accident
682
-
1 371
-
total
9 054
-
18 201
-
Corporate
85 677
170 500
-
-
communal
5 783
11 508
-
-
income
12 852
25 576
-
-
surtax
900
1 790
-
-
total
19 535
38 874
-
-
Dividends
66 141
131 626
-
-
income
23 015
11 779
-
-
withholding
9 921
19 745
-
-
total
32 936
31 524
-
-
Income
170 500
170 500
170 500
170 500
Total tax
82 921
70 398
78 765
85 561
After tax
87 579
100 102
91 735
84 939
Living cost
54 374
54 374
54 374
54 374
Free-cash
33 205
45 728
37 361
30 565

Estimated living cost  is ₽54374 per week

₽40788
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3294
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽575
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9714
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽84772
₽52132
₽58286
₽81589
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
46 287
other
-
-
-
-
surtax
-
-
-
7 039
unemployment
-
-
-
228
health
-
-
-
9 480
pensions
-
-
-
26 707
total
-
-
-
89 741
Employee
33 695
-
142 391
-
other
-
-
-
-
unemployment
2 345
-
9 294
-
pensions
2 248
-
8 907
-
surtax
120
-
5 880
-
income
5 649
-
40 302
-
health
860
-
3 404
-
total
11 222
-
67 787
-
Employer
33 695
-
142 391
-
health
1 532
-
6 076
-
pensions
4 492
-
17 800
-
unemployment
1 069
-
4 232
-
other
-
-
-
-
total
7 093
-
28 108
-
Corporate
129 712
170 500
-
-
income
33 725
44 329
-
-
total
33 725
44 329
-
-
Dividends
95 987
126 171
-
-
withholding
14 398
18 926
-
-
total
14 398
18 926
-
-
Income
170 500
170 500
170 500
170 500
Total tax
66 438
63 255
95 895
89 741
After tax
104 062
107 245
74 605
80 759
Living cost
22 473
22 473
22 473
22 473
Free-cash
81 589
84 772
52 132
58 286

Estimated living cost  is ₽22473 per week

₽13568
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1954
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽522
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6431
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽62667
₽46644
₽54303
₽60446
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
regional
-
-
-
2 572
municipal
-
-
-
1 014
national
-
-
-
41 806
total
-
-
-
89 245
Employee
55 502
-
170 500
-
municipal
294
-
904
-
national
8 793
-
36 212
-
regional
747
-
2 295
-
social contributions
18 716
-
57 493
-
total
28 550
-
96 904
-
Employer
55 502
-
170 500
-
total
-
-
-
-
Corporate
114 998
170 500
-
-
municipal
5 715
8 474
-
-
nationa
27 600
40 919
-
-
total
33 315
49 393
-
-
Dividends
81 684
121 107
-
-
withholding
21 237
31 488
-
-
total
21 237
31 488
-
-
Income
170 500
170 500
170 500
170 500
Total tax
83 102
80 881
96 904
89 245
After tax
87 398
89 619
73 596
81 255
Living cost
26 952
26 952
26 952
26 952
Free-cash
60 446
62 667
46 644
54 303

Estimated living cost  is ₽26952 per week

₽16762
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2730
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.
₽6999
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽86755
₽56947
₽64320
₽75826
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
16 756
social contributions
-
-
-
35 773
solidarity contribution
-
-
-
-
health
-
-
-
23 017
total
-
-
-
75 546
Employee
45 050
-
128 323
-
solidarity contribution
-
-
-
-
social contributions
2 928
-
7 963
-
income
5 406
-
15 455
-
health
6 082
-
17 324
-
total
14 416
-
40 742
-
Employer
45 050
-
128 323
-
health
4 055
-
11 549
-
social contributions
11 263
-
30 628
-
total
15 318
-
42 177
-
Corporate
110 132
170 500
-
-
income
20 925
32 395
-
-
total
20 925
32 395
-
-
Dividends
89 207
138 105
-
-
withholding
13 381
20 716
-
-
total
13 381
20 716
-
-
Income
170 500
170 500
170 500
170 500
Total tax
64 040
53 111
82 919
75 546
After tax
106 460
117 389
87 581
94 954
Living cost
30 634
30 634
30 634
30 634
Free-cash
75 826
86 755
56 947
64 320

Estimated living cost  is ₽30634 per week

₽22782
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1697
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.
₽5626
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽62580
₽13404
₽55769
₽62083
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
45 425
surtax
-
-
-
-
unemployment
-
-
-
6 137
chamber of commerce
-
-
-
682
health
-
-
-
8 941
pensions
-
-
-
21 625
total
-
-
-
82 810
Employee
43 737
39 873
135 503
-
other
437
399
1 170
-
unemployment
1 312
1 196
3 507
-
pensions
4 479
4 082
11 970
-
income
3 896
2 941
36 083
-
health
1 692
1 544
4 523
-
total
11 816
10 162
57 253
-
Employer
43 737
39 873
135 503
-
chamber of commerce
175
159
541
-
health
1 654
1 508
4 418
-
pensions
5 489
5 005
14 669
-
accident
568
518
1 519
-
unemployment
1 312
1 196
3 507
-
surtax
-
-
-
-
payroll
1 312
1 196
4 065
-
other
2 077
1 893
6 277
-
total
12 587
11 475
34 996
-
Corporate
114 177
119 151
131 705
-
income

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

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

28 543
29 787
32 926
-
total
28 543
29 787
32 926
-
Dividends
85 633
89 364
-
-
withholding
23 550
24 575
-
-
total
23 550
24 575
-
-
Income
170 500
170 500
170 500
170 500
Total tax
76 496
75 999
125 175
82 810
After tax
94 004
94 501
45 325
87 690
Living cost
31 921
31 921
31 921
31 921
Free-cash
62 083
62 580
13 404
55 769

Estimated living cost  is ₽31921 per week

₽19149
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3260
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.
₽8943
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽149407
₽123832
₽156227
₽147050
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
15 710
-
170 500
-
income
3 142
-
34 100
-
total
3 142
-
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%.

154 790
170 500
-
-
total
-
-
-
-
Dividends
154 790
170 500
-
-
withholding
7 740
8 525
-
-
total
7 740
8 525
-
-
Income
170 500
170 500
170 500
170 500
Total tax
10 882
8 525
34 100
1 705
After tax
159 618
161 975
136 400
168 795
Living cost
12 568
12 568
12 568
12 568
Free-cash
147 050
149 407
123 832
156 227

Estimated living cost  is ₽12568 per week

₽8505
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽528
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽421
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3114
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽90552
₽52209
₽56728
₽82183
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
income
-
-
-
38 765
unemployment
-
-
-
256
health
-
-
-
16 777
pensions
-
-
-
31 137
total
-
-
-
86 935
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.

44 244
-
147 529
-
unemployment
63
-
207
-
pensions
6 858
-
22 866
-
income
7 630
-
35 878
-
health
2 858
-
9 532
-
total
17 409
-
68 483
-
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.

44 244
-
147 529
-
health
2 947
-
9 826
-
pensions
3 915
-
13 056
-
unemployment
27
-
89
-
total
6 889
-
22 971
-
Corporate
119 367
170 500
-
-
income
22 680
32 396
-
-
total
22 680
32 396
-
-
Dividends
96 687
138 104
-
-
withholding
14 502
20 715
-
-
total
14 502
20 715
-
-
Income
170 500
170 500
170 500
170 500
Total tax
61 480
53 111
91 454
86 935
After tax
109 020
117 389
79 046
83 565
Living cost
26 837
26 837
26 837
26 837
Free-cash
82 183
90 552
52 209
56 728

Estimated living cost  is ₽26837 per week

₽18418
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1720
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽520
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6180
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽59921
₽113332
₽74018
₽11625
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
33 234
social contributions
-
-
-
19 437
total
-
-
-
52 671
Employee
62 818
-
-
-
social contributions
5 151
-
734
-
income
13 856
-
-
-
total
19 007
-
734
-
Employer
62 818
-
-
-
social contributions
88 574
-
12 623
-
total
88 574
-
12 623
-
Corporate
19 108
170 500
-
-
income
4 204
37 510
-
-
total
4 204
37 510
-
-
Dividends
14 904
132 990
-
-
income
3 279
29 258
-
-
total
3 279
29 258
-
-
Income
170 500
170 500
170 500
170 500
Total tax
115 064
66 768
13 357
52 671
After tax
55 436
103 732
157 143
117 829
Living cost
43 811
43 811
43 811
43 811
Free-cash
11 625
59 921
113 332
74 018

Estimated living cost  is ₽43811 per week

₽28426
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4120
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽558
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10706
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽65598
₽47368
₽60186
₽64589
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
income
-
-
-
19 680
surtax
-
-
-
-
social contributions

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

-
-
-
59 250
total
-
-
-
78 930
Employee
46 017
-
137 777
-
surtax
-
-
-
-
social contributions
5 062
-
15 156
-
income
9 572
-
43 869
-
total
14 634
-
59 025
-
Employer
46 017
-
137 777
-
social contributions
10 929
-
32 723
-
total
10 929
-
32 723
-
Corporate
113 554
170 500
-
-
income
23 846
35 804
-
-
surtax
-
-
-
-
total
23 846
35 804
-
-
Dividends
89 708
134 696
-
-
withholding
25 118
37 714
-
-
total
25 118
37 714
-
-
Income
170 500
170 500
170 500
170 500
Total tax
74 527
73 518
91 748
78 930
After tax
95 973
96 982
78 752
91 570
Living cost
31 384
31 384
31 384
31 384
Free-cash
64 589
65 598
47 368
60 186

Estimated living cost  is ₽31384 per week

₽23481
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1851
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽524
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5527
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽37608
₽45998
₽47851
₽44484
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
26 202
other
-
-
-
5 286
surtax
-
-
-
-
social contributions
-
-
-
4 857
health
-
-
-
7 029
pensions
-
-
-
30 950
total
-
-
-
74 324
Employee
62 666
-
132 438
-
pensions
7 088
-
9 009
-
surtax
-
-
-
-
social contributions
1 785
-
3 775
-
income
5 468
-
25 330
-
total
14 341
-
38 114
-
Employer
62 666
-
132 438
-
health
4 386
-
12 018
-
pensions
10 297
-
15 202
-
unemployment
2 539
-
5 364
-
social contributions
188
-
397
-
other
2 163
-
5 082
-
total
19 573
-
38 063
-
Corporate
88 262
170 500
-
-
income
24 714
47 739
-
-
surtax
-
-
-
-
total
24 714
47 739
-
-
Dividends
63 548
122 761
-
-
surtax
-
-
-
-
social contributions
10 929
21 114
-
-
withholding
8 134
15 714
-
-
total
19 063
36 828
-
-
Income
170 500
170 500
170 500
170 500
Total tax
77 691
84 567
76 177
74 324
After tax
92 809
85 933
94 323
96 176
Living cost
48 325
48 325
48 325
48 325
Free-cash
44 484
37 608
45 998
47 851

Estimated living cost  is ₽48325 per week

₽32705
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3953
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽663
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽11003
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽123374
₽100224
₽95690
₽120013
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
7 223
social contributions
-
-
-
37 511
total
-
-
-
44 734
Employee
32 166
-
147 619
-
income
-
-
7 726
-
social contributions
2 090
-
9 594
-
total
2 090
-
17 320
-
Employer
32 166
-
147 619
-
social contributions
4 986
-
22 880
-
total
4 986
-
22 880
-
Corporate
133 348
170 500
-
-
income
13 335
17 050
-
-
total
13 335
17 050
-
-
Dividends
120 013
153 450
-
-
total
-
-
-
-
Income
170 500
170 500
170 500
170 500
Total tax
20 411
17 050
40 200
44 734
After tax
150 089
153 450
130 300
125 766
Living cost
30 076
30 076
30 076
30 076
Free-cash
120 013
123 374
100 224
95 690

Estimated living cost  is ₽30076 per week

₽19447
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2267
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽566
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7796
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽47383
-₽47383
₽52722
-₽47383
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
13 571
municipal
-
-
-
35 348
national
-
-
-
19 831
pensions
-
-
-
867
total
-
-
-
69 617
Employee
203 277
203 277
203 277
-
municipal
43 287
43 287
43 287
-
labour market
16 239
16 239
16 239
-
pensions
289
289
289
-
national
24 834
24 834
24 834
-
total
84 649
84 649
84 649
-
Employer
203 277
203 277
203 277
-
national
24 877
24 877
24 877
-
labour market
16 262
16 262
16 262
-
pensions
578
578
578
-
municipal
43 356
43 356
43 356
-
total
85 073
85 073
85 073
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
170 500
170 500
170 500
170 500
Total tax
169 722
169 722
169 722
69 617
After tax
778
778
778
100 883
Living cost
48 161
48 161
48 161
48 161
Free-cash
-47 383
-47 383
-47 383
52 722

Estimated living cost  is ₽48161 per week

₽32962
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4260
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽741
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10198
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽8163
₽70355
₽94610
₽10441
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
accident
-
-
-
256
income
-
-
-
46 856
other
-
-
-
376
health
-
-
-
2 211
pensions
-
-
-
4 218
total
-
-
-
53 917
Employee
34 565
-
153 026
-
pensions
3 892
-
7 734
-
income
4 742
-
35 442
-
health
3 958
-
17 522
-
total
12 592
-
60 698
-
Employer
34 565
-
153 026
-
pensions
5 620
-
11 169
-
accident
577
-
2 556
-
unemployment
847
-
3 749
-
total
7 044
-
17 474
-
Corporate
128 890
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.

116 001
153 450
-
-
total
116 001
153 450
-
-
Dividends
12 889
17 050
-
-
withholding
2 449
3 240
-
-
total
2 449
3 240
-
-
Income
170 500
170 500
170 500
170 500
Total tax
138 086
156 690
78 172
53 917
After tax
32 414
13 810
92 328
116 583
Living cost
21 973
21 973
21 973
21 973
Free-cash
10 441
-8 163
70 355
94 610

Estimated living cost  is ₽21973 per week

₽15994
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1253
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽412
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4314
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽68783
₽51395
₽72392
₽71159
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
2 208
municipal
-
-
-
30 292
national
-
-
-
27 194
total
-
-
-
59 694
Employee
52 641
-
143 432
-
municipal
8 622
-
23 366
-
unemployment
790
-
2 151
-
pensions
3 553
-
9 682
-
national
870
-
16 636
-
health
393
-
1 790
-
total
14 228
-
53 625
-
Employer
52 641
-
143 432
-
health
404
-
1 105
-
pensions
9 133
-
24 885
-
accident
53
-
144
-
unemployment
342
-
932
-
total
9 932
-
27 066
-
Corporate
107 927
170 500
-
-
income
21 585
34 099
-
-
total
21 585
34 099
-
-
Dividends

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

64 757
102 301
-
-
municipal
11 656
18 414
-
-
national
3 526
10 790
-
-
total
15 182
29 204
-
-
Income
170 500
170 500
170 500
170 500
Total tax
60 927
63 303
80 691
59 694
After tax
109 573
107 197
89 809
110 806
Living cost
38 414
38 414
38 414
38 414
Free-cash
71 159
68 783
51 395
72 392

Estimated living cost  is ₽38414 per week

₽25092
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3695
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽611
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9017
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽101237
₽92142
₽93661
₽95791
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
33 138
social contributions
-
-
-
16 188
health
-
-
-
4 348
total
-
-
-
53 674
Employee
76 937
76 937
158 946
-
social contributions
2 909
6 385
8 613
-
income
8 377
7 122
32 324
-
health
596
1 308
2 702
-
total
11 882
14 815
43 639
-
Employer
76 937
76 937
158 946
-
health
647
1 424
2 941
-
social contributions
2 909
6 385
8 613
-
total
3 556
7 809
11 554
-
Corporate
131 896
85 754
-
-
income
16 487
10 718
-
-
total
16 487
10 718
-
-
Dividends
115 410
75 035
-
-
withholding
19 619
12 756
-
-
total
19 619
12 756
-
-
Income
170 500
170 500
170 500
170 500
Total tax
51 544
46 098
55 193
53 674
After tax
118 956
124 402
115 307
116 826
Living cost
23 165
23 165
23 165
23 165
Free-cash
95 791
101 237
92 142
93 661

Estimated living cost  is ₽23165 per week

₽13883
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2273
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.
₽6497
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽125306
₽107231
₽127301
₽120215
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
income
-
-
-
17 299
unemployment
-
-
-
28
health
-
-
-
3 621
pensions
-
-
-
6 365
total
-
-
-
27 313
Employee

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

22 966
-
160 722
-
unemployment
114
-
475
-
pensions
3 444
-
14 240
-
income
1 570
-
14 820
-
health
1 952
-
8 070
-
total
7 080
-
37 605
-
Employer

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

22 966
-
160 722
-
health
987
-
4 082
-
pensions
1 263
-
5 221
-
unemployment
114
-
475
-
total
2 364
-
9 778
-
Corporate
145 170
170 500
-
-
income
13 065
15 345
-
-
total
13 065
15 345
-
-
Dividends
132 105
155 155
-
-
withholding
11 890
13 963
-
-
total
11 890
13 963
-
-
Income
170 500
170 500
170 500
170 500
Total tax
34 399
29 308
47 383
27 313
After tax
136 101
141 192
123 117
143 187
Living cost
15 886
15 886
15 886
15 886
Free-cash
120 215
125 306
107 231
127 301

Estimated living cost  is ₽15886 per week

₽10135
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1145
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.
₽4132
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽86205
₽64037
₽68235
₽81787
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
accident
-
-
-
835
income
-
-
-
46 930
other
-
-
-
93
unemployment
-
-
-
649
pensions
-
-
-
26 244
total
-
-
-
74 751
Employee
36 996
-
140 935
-
other
36
-
93
-
unemployment
573
-
1 437
-
pensions
1 739
-
4 359
-
income
7 133
-
43 495
-
total
9 481
-
49 384
-
Employer
36 996
-
140 935
-
pensions
8 730
-
21 887
-
accident
733
-
1 836
-
unemployment
2 035
-
5 100
-
other
296
-
742
-
total
11 794
-
29 565
-
Corporate
121 709
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.

18 256
25 576
-
-
total
18 256
25 576
-
-
Dividends
103 453
144 924
-
-
withholding
21 668
31 205
-
-
total
21 668
31 205
-
-
Income
170 500
170 500
170 500
170 500
Total tax
61 199
56 781
78 949
74 751
After tax
109 301
113 719
91 551
95 749
Living cost
27 514
27 514
27 514
27 514
Free-cash
81 787
86 205
64 037
68 235

Estimated living cost  is ₽27514 per week

₽18571
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2645
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.
₽5816
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽104452
₽107608
₽107746
₽104133
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
58 373
health
-
-
-
1 026
pensions
-
-
-
1 415
total
-
-
-
60 814
Employee
2 954
-
168 908
-
unemployment
30
-
71
-
pensions
266
-
637
-
income
571
-
58 299
-
health
148
-
354
-
total
1 015
-
59 361
-
Employer
2 954
-
168 908
-
health
281
-
672
-
pensions
325
-
778
-
unemployment
59
-
141
-
total
665
-
1 591
-
Corporate
166 881
170 500
-
-
income
36 714
37 510
-
-
total
36 714
37 510
-
-
Dividends
130 167
132 990
-
-
withholding
26 033
26 598
-
-
total
26 033
26 598
-
-
Income
170 500
170 500
170 500
170 500
Total tax
64 427
64 108
60 952
60 814
After tax
106 073
106 392
109 548
109 686
Living cost
1 940
1 940
1 940
1 940
Free-cash
104 133
104 452
107 608
107 746

Estimated living cost  is ₽1940 per week

₽1153
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽157
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽44
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽585
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽105884
₽86803
₽86804
₽100960
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
income
-
-
-
38 446
unemployment
-
-
-
1 109
health
-
-
-
7 615
pensions
-
-
-
19 224
total
-
-
-
66 394
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.

26 090
-
157 265
-
unemployment
196
-
555
-
pensions
3 653
-
10 351
-
income
3 596
-
38 446
-
health
1 344
-
3 808
-
total
8 789
-
53 160
-
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.

26 090
-
157 265
-
health
1 344
-
3 808
-
pensions
3 131
-
8 872
-
unemployment
196
-
555
-
total
4 671
-
13 235
-
Corporate
139 740
170 500
-
-
income
20 961
25 575
-
-
total
20 961
25 575
-
-
Dividends
118 779
144 925
-
-
withholding
17 817
21 739
-
-
total
17 817
21 739
-
-
Income
170 500
170 500
170 500
170 500
Total tax
52 238
47 314
66 395
66 394
After tax
118 262
123 186
104 105
104 106
Living cost
17 302
17 302
17 302
17 302
Free-cash
100 960
105 884
86 803
86 804

Estimated living cost  is ₽17302 per week

₽11649
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1338
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽501
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3813
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽70008
₽51778
₽64596
₽69647
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
income
-
-
-
19 680
surtax
-
-
-
-
social contributions

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

-
-
-
59 250
total
-
-
-
78 930
Employee
38 833
-
137 777
-
surtax
-
-
-
-
social contributions
4 272
-
15 156
-
income
7 588
-
43 869
-
total
11 860
-
59 025
-
Employer
38 833
-
137 777
-
social contributions
9 222
-
32 723
-
total
9 222
-
32 723
-
Corporate
122 445
170 500
-
-
income
25 712
35 804
-
-
surtax
-
-
-
-
total
25 712
35 804
-
-
Dividends
96 732
134 696
-
-
withholding
27 085
37 714
-
-
total
27 085
37 714
-
-
Income
170 500
170 500
170 500
170 500
Total tax
73 879
73 518
91 748
78 930
After tax
96 621
96 982
78 752
91 570
Living cost
26 974
26 974
26 974
26 974
Free-cash
69 647
70 008
51 778
64 596

Estimated living cost  is ₽26974 per week

₽19105
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1874
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽478
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5518
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽78555
₽56387
₽60586
₽71924
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
accident
-
-
-
835
income
-
-
-
46 930
other
-
-
-
93
unemployment
-
-
-
649
pensions
-
-
-
26 244
total
-
-
-
74 751
Employee
48 322
-
140 935
-
other
47
-
93
-
unemployment
748
-
1 437
-
pensions
2 271
-
4 359
-
income
10 093
-
43 495
-
total
13 159
-
49 384
-
Employer
48 322
-
140 935
-
pensions
11 404
-
21 887
-
accident
957
-
1 836
-
unemployment
2 658
-
5 100
-
other
387
-
742
-
total
15 406
-
29 565
-
Corporate
106 772
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.

16 016
25 576
-
-
total
16 016
25 576
-
-
Dividends
90 756
144 924
-
-
withholding
18 831
31 205
-
-
total
18 831
31 205
-
-
Income
170 500
170 500
170 500
170 500
Total tax
63 412
56 781
78 949
74 751
After tax
107 088
113 719
91 551
95 749
Living cost
35 164
35 164
35 164
35 164
Free-cash
71 924
78 555
56 387
60 586

Estimated living cost  is ₽35164 per week

₽25253
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2734
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.
₽6682
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽128573
₽125016
₽118391
₽122477
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
25 575
unemployment
-
-
-
140
health
-
-
-
4 018
pensions

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

-
-
-
5 171
total
-
-
-
34 904
Employee
22 782
-
163 646
-
accident

We are using the highest rate at 1.1%.

250
-
384
-
pensions

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

2 000
-
3 068
-
income
2 279
-
16 365
-
health
1 048
-
1 607
-
total
5 577
-
21 424
-
Employer
22 782
-
163 646
-
health
1 572
-
2 411
-
pensions

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

2 511
-
3 850
-
accident

We are using the highest rate at 1.1%.

250
-
384
-
unemployment
137
-
210
-
total
4 470
-
6 855
-
Corporate
143 248
170 500
-
-
income
14 325
17 050
-
-
total
14 325
17 050
-
-
Dividends
128 923
153 450
-
-
withholding
6 446
7 672
-
-
total
6 446
7 672
-
-
Income
170 500
170 500
170 500
170 500
Total tax
30 818
24 722
28 279
34 904
After tax
139 682
145 778
142 221
135 596
Living cost
17 205
17 205
17 205
17 205
Free-cash
122 477
128 573
125 016
118 391

Estimated living cost  is ₽17205 per week

₽11379
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽985
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽410
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4431
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽49127
₽70107
₽52316
₽62217
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
income

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

-
-
-
52 067
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.

-
-
-
2 863
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.

-
-
-
6 835
trade
-
-
-
17 791
total
-
-
-
79 556
Employee

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

49 783
-
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
-
2 863
-
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.

4 094
-
52 067
-
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.

6 835
-
6 835
-
total
11 155
-
61 765
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
120 717
170 500
-
-
income
18 108
25 576
-
-
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.

997
1 407
-
-
chamber of commerce
328
403
-
-
trade
17 322
24 467
-
-
total
36 755
51 853
-
-
Dividends
83 961
118 648
-
-
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.

1 134
1 610
-
-
withholding
20 611
29 282
-
-
total
21 745
30 892
-
-
Income
170 500
170 500
170 500
170 500
Total tax
69 655
82 745
61 765
79 556
After tax
100 845
87 755
108 735
90 944
Living cost
38 628
38 628
38 628
38 628
Free-cash
62 217
49 127
70 107
52 316

Estimated living cost  is ₽38628 per week

₽26647
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4156
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽560
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7264
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽62356
₽33530
₽33530
₽64565
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
51 662
social contributions
-
-
-
28 313
total
-
-
-
79 975
Employee
78 265
-
170 500
-
income
14 768
-
51 662
-
social contributions
6 502
-
28 313
-
total
21 270
-
79 975
-
Employer
78 265
-
170 500
-
total
-
-
-
-
Corporate
92 235
170 500
-
-
income
11 529
21 313
-
-
total
11 529
21 313
-
-
Dividends
80 706
149 187
-
-
withholding
16 141
29 836
-
-
total
16 141
29 836
-
-
Income
170 500
170 500
170 500
170 500
Total tax
48 940
51 149
79 975
79 975
After tax
121 560
119 351
90 525
90 525
Living cost
56 995
56 995
56 995
56 995
Free-cash
64 565
62 356
33 530
33 530

Estimated living cost  is ₽56995 per week

₽43361
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4644
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.
₽8445
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽69219
₽85261
₽99680
₽72714
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
28 481
health

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

-
-
-
6 019
total
-
-
-
34 500
Employee
45 899
-
165 898
-
income
4 980
-
39 715
-
social contributions
4 599
-
4 602
-
total
9 579
-
44 317
-
Employer
45 899
-
165 898
-
social contributions
4 599
-
4 602
-
total
4 599
-
4 602
-
Corporate
120 002
170 500
-
-
income
42 002
59 675
-
-
total
42 002
59 675
-
-
Dividends
78 001
110 825
-
-
social contributions
5 286
5 286
-
-
total
5 286
5 286
-
-
Income
170 500
170 500
170 500
170 500
Total tax
61 466
64 961
48 919
34 500
After tax
109 034
105 539
121 581
136 000
Living cost
36 320
36 320
36 320
36 320
Free-cash
72 714
69 219
85 261
99 680

Estimated living cost  is ₽36320 per week

₽23924
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2863
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽556
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8975
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽75221
₽61083
₽76539
₽81095
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
48 283
pensions
-
-
-
8 840
total
-
-
-
57 123
Employee
50 566
-
148 979
-
pensions
3 859
-
10 902
-
income
9 208
-
37 980
-
health
660
-
2 176
-
total
13 727
-
51 058
-
Employer
50 566
-
148 979
-
health
961
-
2 831
-
pensions
5 109
-
18 690
-
total
6 070
-
21 521
-
Corporate
113 864
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.

21 634
32 396
-
-
total
21 634
32 396
-
-
Dividends
92 230
138 104
-
-
withholding
11 136
26 045
-
-
total
11 136
26 045
-
-
Income
170 500
170 500
170 500
170 500
Total tax
52 567
58 441
72 579
57 123
After tax
117 933
112 059
97 921
113 377
Living cost
36 838
36 838
36 838
36 838
Free-cash
81 095
75 221
61 083
76 539

Estimated living cost  is ₽36838 per week

₽25271
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3388
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.
₽7717
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽10339
₽68179
₽92434
₽10108
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
accident
-
-
-
256
income
-
-
-
46 856
other
-
-
-
376
health
-
-
-
2 211
pensions
-
-
-
4 218
total
-
-
-
53 917
Employee
37 987
-
153 026
-
pensions
4 277
-
7 734
-
income
5 211
-
35 442
-
health
4 349
-
17 522
-
total
13 837
-
60 698
-
Employer
37 987
-
153 026
-
pensions
6 176
-
11 169
-
accident
634
-
2 556
-
unemployment
931
-
3 749
-
total
7 741
-
17 474
-
Corporate
124 772
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.

112 294
153 450
-
-
total
112 294
153 450
-
-
Dividends
12 477
17 050
-
-
withholding
2 371
3 240
-
-
total
2 371
3 240
-
-
Income
170 500
170 500
170 500
170 500
Total tax
136 243
156 690
78 172
53 917
After tax
34 257
13 810
92 328
116 583
Living cost
24 149
24 149
24 149
24 149
Free-cash
10 108
-10 339
68 179
92 434

Estimated living cost  is ₽24149 per week

₽17722
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1407
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽486
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4532
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽129962
₽106961
₽84960
₽125281
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
28 025
unemployment
-
-
-
1 920
work injury
-
-
-
800
health insurance
-
-
-
11 840
pensions
-
-
-
29 441
total
-
-
-
72 026
Employee

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

21 623
-
170 500
-
health insurance
1 600
-
5 920
-
unemployment
259
-
960
-
work injury
108
-
400
-
pensions
3 979
-
14 720
-
income
2 162
-
28 025
-
total
8 108
-
50 025
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
148 877
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%.

1 489
1 705
-
-
total
1 489
1 705
-
-
Dividends
147 388
168 795
-
-
withholding
22 108
25 319
-
-
total
22 108
25 319
-
-
Income
170 500
170 500
170 500
170 500
Total tax
31 705
27 024
50 025
72 026
After tax
138 795
143 476
120 475
98 474
Living cost
13 514
13 514
13 514
13 514
Free-cash
125 281
129 962
106 961
84 960

Estimated living cost  is ₽13514 per week

₽8372
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽982
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽422
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3738
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽49949
₽32459
₽39944
₽45397
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
regional
-
-
-
3 899
municipal
-
-
-
1 139
national
-
-
-
41 806
total
-
-
-
90 697
Employee
84 312
-
170 500
-
municipal
503
-
1 018
-
national
14 248
-
36 212
-
regional
1 273
-
3 459
-
social contributions
28 430
-
57 493
-
total
44 454
-
98 182
-
Employer
84 312
-
170 500
-
total
-
-
-
-
Corporate
86 188
170 500
-
-
municipal
4 154
8 218
-
-
nationa
20 685
40 919
-
-
total
24 839
49 137
-
-
Dividends
61 349
121 363
-
-
withholding
15 951
31 555
-
-
total
15 951
31 555
-
-
Income
170 500
170 500
170 500
170 500
Total tax
85 244
80 692
98 182
90 697
After tax
85 256
89 808
72 318
79 803
Living cost
39 859
39 859
39 859
39 859
Free-cash
45 397
49 949
32 459
39 944

Estimated living cost  is ₽39859 per week

₽27999
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2742
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.
₽8516
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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

Close
[[ place.name ]], [[ place.country ]]

[[ row[2] ]] [[ row[0] ]]

Estimated living cost

Adjust living cost [[ detailsButtonText ]] Source

Additional information

Source

[[ $tc('message.data_source', {city: place.name}) ]] [[ place.name ]]

Close

[[ row[2] ]] [[ row[0] ]]

Estimated living cost

Adjust living cost [[ detailsButtonText ]] Source

Additional information

Source

[[ $tc('message.data_source', {city: place.name}) ]] [[ place.name ]]

Close